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You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['SEC Chair Gary Gensler will be in the hot seat on Tuesday, the star witness before the full U.S. House Committee on Financial Services on the topic of "Oversight of the Securities and Exchange Commission." The next day, the Subcommittee on Digital Assets, Financial Technology and Inclusion will take up draft legislation relating to stablecoins. On the regulatory front, Gensler has found himself again under fire from within his own agency, with SEC Commissioner Hester Peirce on Friday filing a robust dissent against Gensler\'s latest policy move , which changes the statutory definition of a securities exchange to include cryptocurrency and digital asset exchanges. Gensler said amendments to the definition of \x93exchange\x94 under the federal Exchange Act Rule are necessary to address platforms that trade crypto asset securities, including "so-called \'DeFi\' systems," asserting that "many crypto trading platforms already come under the current definition of an exchange." Pierce titled her rebuttal, "Rendering Innovation Kaput." SEC\x92s Hester Peirce Says Gensler\x92s Plan to Target DeFi Undermines First Amendment "Rather than embracing the promise of new technology as we have done in the past, here we propose to embrace stagnation, force centralization, urge expatriation, and welcome extinction of new technology," Pierce wrote, going as far as to say the SEC\'s release "undermines fundamental First Amendment protections." The dispute over the definition of an exchange is only one of the items on the Financial Services Committee agenda, however. "This hearing will examine the regulatory developments, rulemakings, and activities that the SEC has undertaken in the period since the last hearing on October 5, 2021," explained the committee majority staff, including the definition change that "potentially [expands] the SEC\x92s authority over digital asset trading platforms." Story continues Also on the docket, a SEC declaration from last March calling on digital asset custodians to change the way they report liabilities and assets\x97which some lawmakers said increased potential losses . The committee will also revisit a SEC proposal made in February that called for registered investment advisors to include Bitcoin holdings among other assets held by "qualified custodians." \x93In what is becoming something of a habit, the Commission is once more proposing to dictate contract provisions involving entities the Commission does not regulate,\x94 Peirce said at the time. \x93The Commission does not have authority to regulate custodians directly, but we propose to regulate them indirectly." SEC\x92s Hester Peirce Says Gensler\x92s Plan to Target DeFi Undermines First Amendment The next day, Congress will take up the topic, "Understanding Stablecoins\x92 Role in Payments and the Need for Legislation." The Wednesday hearing agenda includes reviewing 72 pages of draft legislation "to provide requirements for payment stablecoin issuers, research on a digital dollar, and for other purposes." The draft bill includes extensive definitions, establishes requirements at the federal and state level to issue stablecoins, and sets up standards for interoperability, reporting, and enforcement. The legislation also calls for a two year moratorium on new stablecoins until a study can be completed by the U.S. Treasury. Jeremy Allaire, Co-founder & CEO of Circle, called the bill "a product of bi-partisan efforts" and "the first comprehensive proposed law for Payment stablecoins." Draft US Digital Dollar / Payment Stablecoin Bill Enters Congress 1/ A product of bi-partisan efforts, the first comprehensive proposed law for Payment Stablecoins has arrived in Congress. Some thoughts below: https://t.co/SD0x2oQMmk \x97 Jeremy Allaire (@jerallaire) April 15, 2023 "It\'s an extraordinary moment for the future of the dollar in the world, and the future of currency on the internet," Allaire declared on Twitter. "It\'s time for US leadership, and that means clear regulation and empowering entrepreneurship and innovation within the framework of US prudential law." Among those expected to testify are Dante Disparte, Chief Strategy Officer and global policy head at Circle, Jake Chervinsky, Chief Policy Officer at the Blockchain Association, Columbia Business School adjunct assistant professor Austin Campbell, and Adrienne A. Harris, sSuperintendent of the New York State Department of Financial Services. Advising followers to tune into the Wednesday hearing, Allaire acknowledged that the proposed bill still needs more work. "While comprehensive, there are clearly open and challenging issues with the bill as proposed, and now is the time for our country and political leaders to really dig in and get this right," he said. "The role of the dollar in the world is at stake."', 'SEC Chair Gary Gensler will be in the hot seat on Tuesday, the star witness before the full U.S. House Committee on Financial Services on the topic of "Oversight of the Securities and Exchange Commission." The next day, the Subcommittee on Digital Assets, Financial Technology and Inclusion will take up draft legislation relating to stablecoins.\nOn the regulatory front, Gensler has found himself again under fire from within his own agency, with SEC Commissioner Hester Peirce on Friday filing arobust dissentagainst Gensler\'slatest policy move, which changes the statutory definition of a securities exchange to include cryptocurrency and digital asset exchanges.\nGensler said amendments to the definition of “exchange” under the federal Exchange Act Rule are necessary to address platforms that trade crypto asset securities, including "so-called \'DeFi\' systems," asserting that "many crypto trading platforms already come under the current definition of an exchange."\nPierce titled her rebuttal, "Rendering Innovation Kaput."\nSEC’s Hester Peirce Says Gensler’s Plan to Target DeFi Undermines First Amendment\n"Rather than embracing the promise of new technology as we have done in the past, here we propose to embrace stagnation, force centralization, urge expatriation, and welcome extinction of new technology," Pierce wrote, going as far as to say the SEC\'s release "undermines fundamental First Amendment protections."\nThe dispute over the definition of an exchange is only one of the items on the Financial Services Committee agenda, however.\n"This hearing will examine the regulatory developments, rulemakings, and activities that the SEC has undertaken in the period since the last hearing on October 5, 2021,"explainedthe committee majority staff, including the definition change that "potentially [expands] the SEC’s authority over digital asset trading platforms."\nAlso on the docket, a SEC declaration from last March calling on digital asset custodians to change the way they report liabilities and assets—which some lawmakers saidincreased potential losses. The committee will also revisit a SEC proposal made in February that called for registered investment advisors to include Bitcoin holdings among other assets held by "qualified custodians."\n“In what is becoming something of a habit, the Commission is once more proposing to dictate contract provisions involving entities the Commission does not regulate,” Peirce said at the time. “The Commission does not have authority to regulate custodians directly, but we propose to regulate them indirectly."\nSEC’s Hester Peirce Says Gensler’s Plan to Target DeFi Undermines First Amendment\nThe next day, Congress will take up the topic, "Understanding Stablecoins’ Role in Payments and the Need for Legislation." The Wednesday hearing agenda includes reviewing 72 pages ofdraft legislation"to provide requirements for payment stablecoin issuers, research on a digital dollar, and for other purposes."\nThe draft bill includes extensive definitions, establishes requirements at the federal and state level to issue stablecoins, and sets up standards for interoperability, reporting, and enforcement. The legislation also calls for a two year moratorium on new stablecoins until a study can be completed by the U.S. Treasury.\nJeremy Allaire, Co-founder & CEO of Circle, called the bill "a product of bi-partisan efforts" and "the first comprehensive proposed law for Payment stablecoins."\n"It\'s an extraordinary moment for the future of the dollar in the world, and the future of currency on the internet," Allaire declared on Twitter. "It\'s time for US leadership, and that means clear regulation and empowering entrepreneurship and innovation within the framework of US prudential law."\nAmong those expected to testify are Dante Disparte, Chief Strategy Officer and global policy head at Circle, Jake Chervinsky, Chief Policy Officer at the Blockchain Association, Columbia Business School adjunct assistant professor Austin Campbell, and Adrienne A. Harris, sSuperintendent of the New York State Department of Financial Services.\nAdvising followers to tune into the Wednesday hearing, Allaire acknowledged that the proposed bill still needs more work.\n"While comprehensive, there are clearly open and challenging issues with the bill as proposed, and now is the time for our country and political leaders to really dig in and get this right," he said. "The role of the dollar in the world is at stake."', 'High-profile tech entrepreneur Bob Lee was stabbed to death outside a luxury apartment building in San Francisco in the early hours of 4 April. The 43-year-old was found at 2.35am outside a luxury high rise apartment on the 300 block of Main St, near Rincon Hill and the Bay Bridge, with life-threatening stab wounds, the San Francisco Police Department said in a statement. The tech executive was treated at the scene by first responders before being rushed to hospital where he died from his injuries, police said. Police arrested fellow tech executive Nima Momeni on 13 April in connection with the killing and he was booked into the San Francisco Sheriff’s Jail. The reported **Last 60 Days of Bitcoin's Closing Prices:** [24307.84, 23623.47, 24565.60, 24641.28, 24327.64, 24829.15, 24436.35, 24188.84, 23947.49, 23198.13, 23175.38, 23561.21, 23522.87, 23147.35, 23646.55, 23475.47, 22362.68, 22353.35, 22435.51, 22429.76, 22219.77, 21718.08, 20363.02, 20187.24, 20632.41, 22163.95, 24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-04-16 **Financial & Commodity Data:** - Gold Closing Price: $2002.20 - Crude Oil Closing Price: $82.52 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $585,844,949,500 - Hash Rate: 295183695.9763696 - Transaction Count: 232268.0 - Unique Addresses: 558992.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.68 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Join the most important conversation in crypto and web3! Secure your seat today Marathon Digital (MARA), Coinbase (COIN) and MicroStrategy (MSTR) are among the names making big moves as bitcoin ( BTC ) rose more than 4% on Monday to top $29,200 for the first time since June 10, 2022. Alongside Marathon Digital's 12% advance, fellow bitcoin miners Riot Platforms (RIOT) and Hut 8 Mining (HUT) are ahead 13% and 10%, respectively. Crypto exchange Coinbase (COIN) is up 5.5% and MicroStrategy (MSTR) – the owner of 140,000 bitcoin – has gained more than 6%. Prior to today's upside action, bitcoin had been locked in a very tight range on either side of $28,000 for about 10 days. There's no apparent news behind Monday's sizable gains. Wednesday the consumer price index (CPI) will be released for March, one of the more important pieces of economic data prior to the U.S. Federal Reserve's early May meeting. Many market watchers are predicting the central bank might end its more than year-long series of interest rate hikes at that meeting.... - Reddit Posts (Sample): [['u/AmogusTD', 'Bitcoin Whitepaper', 50, '2023-04-16 01:02', 'https://www.reddit.com/r/Buttcoin/comments/12nm46s/bitcoin_whitepaper/', 'I read the abstract and introduction of the Bitcoin white paper and noticed how the author states that the need for trusted third parties is reduced.\n\nBut in the same paragraph, there is this bit: “routine escrow mechanisms could easily be implemented to protect buyers.”\n\nWhat does this mean? Isn’t an escrow a trusted third-party? Does Bitcoin simply shift the burden of fraud from buyers to sellers without meaningfully reducing third-party reliance via its non-reversible transaction mechanism?', 'https://www.reddit.com/r/Buttcoin/comments/12nm46s/bitcoin_whitepaper/', '12nm46s', [['u/gaterooze', 41, '2023-04-16 01:04', 'https://www.reddit.com/r/Buttcoin/comments/12nm46s/bitcoin_whitepaper/jgezj4o/', 'Few understand.', '12nm46s'], ['u/therobotisjames', 23, '2023-04-16 01:40', 'https://www.reddit.com/r/Buttcoin/comments/12nm46s/bitcoin_whitepaper/jgf41fk/', 'Even less bother caring.', '12nm46s'], ['u/Potential-Coat-7233', 17, '2023-04-16 01:55', 'https://www.reddit.com/r/Buttcoin/comments/12nm46s/bitcoin_whitepaper/jgf5ztr/', 'Yeah the funniest shit is when Bitcoin purists aren’t even Bitcoin purists. Immutability is seen as a concept that will save the human race, but escrow can be considered a way to mute a transaction.', '12nm46s'], ['u/spookmann', 81, '2023-04-16 01:56', 'https://www.reddit.com/r/Buttcoin/comments/12nm46s/bitcoin_whitepaper/jgf64bd/', 'It\'s the #1 rule of Blockchain.\n\n*Blockchain only ever "solves" the easy part of the problem - and makes the difficult parts more difficult.*', '12nm46s'], ['u/Suspicious_Army_904', 20, '2023-04-16 03:54', 'https://www.reddit.com/r/Buttcoin/comments/12nm46s/bitcoin_whitepaper/jgfkcvd/', 'Few understand how early you are for the downvotes.', '12nm46s'], ['u/mojobox', 18, '2023-04-16 09:20', 'https://www.reddit.com/r/Buttcoin/comments/12nm46s/bitcoin_whitepaper/jggfvpf/', 'So exchanges are trustworthy enough to buy but not trustworthy enough to hold? Sure…', '12nm46s']]], ['u/Xorglord', 'Pale Reflections: Go for the Throat (11)', 18, '2023-04-16 04:06', 'https://www.reddit.com/r/Parahumans/comments/12nr5fd/pale_reflections_go_for_the_throat_11/', "Happy National Eggs Benedict Day, Kennet Citizens!\n\nPale Reflections handles Go for the Throat 23.f. Dorian goes back to the 60s, showing his opponents the strength of flower power. Grass beats Fire, as the TQ delivers an almighty combo to take down the Girl By Candlelight. Then, Griffin creeps his way through the female Negateers, before being walked all over by a girl in a bunny mask.\n\n**Discussion Question:** **Which boundary spirit would you want to host?** ([here's the reference EM if you need it](https://palewebserial.wordpress.com/2021/11/05/15-2-spoilers-keeping-tabs-kennet/))\n\nYou can find the [episode here](https://www.doofmedia.com/2023/04/15/pale-reflections-go-for-the-throat-11/).\n\nDrop some [predictions here](https://docs.google.com/forms/d/e/1FAIpQLSePIzJ3gFbvFvImeTQ58bbfbTCE_gsTgiCaeVbpW17CzyKO5A/viewform)!\n\nJoin the [Doof Discord here](https://doofmedia.com/discord)!\n\nPale Reflections is available on [iTunes](https://podcasts.apple.com/au/podcast/pale-reflections/id1447214377), [Google Play](https://podcasts.google.com/feed/aHR0cHM6Ly93d3cubWVkaWFtZHBvZGNhc3QuY29tL2ZlZWQvcG9kY2FzdC9kaXA?sa=X&ved=0CAMQ4aUDahcKEwjgo-Gwmt_uAhUAAAAAHQAAAAAQAQ&hl=en-AU), [Spotify](https://open.spotify.com/show/6q7NaQiSnoCHCjaZOSoQ85), and [Stitcher](https://www.stitcher.com/show/deep-in-pact). Please give us a rating on your preferred platform(s), it'll really help raise awareness, and bring more people in!\n\nIf you've fallen behind, here's a spreadsheet helping you track [all things Pale](https://docs.google.com/spreadsheets/d/1VS0HRcbHChh4gmL8LcL8xiIvo-nPhSgs2OGOVV3fVbo/edit#gid=0)!", 'https://www.reddit.com/r/Parahumans/comments/12nr5fd/pale_reflections_go_for_the_throat_11/', '12nr5fd', [['u/MyynMyyn', 14, '2023-04-16 14:34', 'https://www.reddit.com/r/Parahumans/comments/12nr5fd/pale_reflections_go_for_the_throat_11/jgh3p0g/', "You wondered what the new magic school under Kennet's management would be called. Since you also called out how much of an MVP the Turtle Queen has been, it's obvisouly going to be the Black, Green and Gold Heron Institute...\n\nYes, the school uniforms are mandatory. What could possibly go wrong?", '12nr5fd']]], ['u/AutoModerator', '[Daily Discussion] - Sunday, April 16, 2023', 39, '2023-04-16 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡**Tip Fellow Redditors over the Lightning Network**⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\n**Other ways to interact:**\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/', '12nudtf', [['u/regxbN78', 21, '2023-04-16 09:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jggfi4h/', "Some napkin math on bitcoin price in the next epoch... My guess is $30K will turn out to be the average price of this epoch. For the previous epoch it was what, $8K? So that's a 3.75x increase. The impact of each halving is a bit less dramatic each time, so let's say we get just 3x boost to the average price after this next halving. So that says a conservative estimate of average price after the next halving is ~$90K. Sound about right?", '12nudtf'], ['u/RabbitProofFences', 12, '2023-04-16 10:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jggmokc/', 'This is crazy talk : https://www.coindesk.com/policy/2023/04/14/sweden-drives-final-nail-into-its-bitcoin-mining-industry-with-tax-hike/\n\nLiterally all miners need to do is find grids with high production and low consumption and move in to tap into that excess.\n\nThis will probably spawn a new wave of offshare mining hubs in developing states', '12nudtf'], ['u/sexyama', 11, '2023-04-16 11:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jggorjy/', "What did they expect, it's Sweden.", '12nudtf'], ['u/TonyTuck', 16, '2023-04-16 11:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jggpiy2/', 'He is buying everything.\n\nHe bought you.\n\nYou are his possession now.', '12nudtf'], ['u/Rape-Putins-Corpse', 11, '2023-04-16 13:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jggyg95/', "Can't go down if he buys everything. I'm betting the farm.", '12nudtf'], ['u/4theWlN', 13, '2023-04-16 15:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jgh9nr6/', "The last top was manipulated down via all the custodians stealing their client's coins and selling into the rally. It should have gone to at least 100k. So use that multiplier of 5x prior high or 30x prior low and then apply it with a discount to 3.5-4x here to get 350-400k from both multipliers.", '12nudtf'], ['u/jarederaj', 12, '2023-04-16 15:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jghbdqi/', "I posted a price projection in February on TradingView that's unfolding fairly well.\n\nhttps://www.tradingview.com/chart/BTCUSD/DIixaxBA-MoonMath-Update-no-major-changes-in-years/\n\nIt isn't hard for this projection to perform, because targets are both conservative and broad:\n\n* **Worst case** start the halving at around 26k\n* **Best case** start the halving at around 80k\n\nBetween now and the halving prices could:\n\n* go as high as 69k\n* go as low as 26k\n\nIn February, I also posted that I didn't think, at _any_ point, we'd exceed the teal line. But I will amend that prediction to say: we might peak somewhere _near_ the teal line toward the end of 2024. This would mean the next bull run caps at:\n\n* **worst case** 130k\n* **best case** 280k\n\nThat means, by buying today, you have a shot at 4-10x your net worth in 18 months.\n\n\nI’ll add that I think it’s possible for bitcoin to make it to 1m this cycle, but I just put very low odds on that. Going to 1m - 2m would be more like past bubbles. As others have pointed out, the last bubble was heavily impacted by FTX and their customer base.", '12nudtf'], ['u/pignmud', 15, '2023-04-16 17:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jghoitp/', 'my goldfish swimming clockwise - 🚀 soon', '12nudtf'], ['u/[deleted]', 22, '2023-04-16 17:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jghphpq/', 'bowlish', '12nudtf'], ['u/xtal_00', 14, '2023-04-16 18:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jghuc9h/', "Traders provide liquidity to the markets, it's a valuable function.", '12nudtf'], ['u/Order_Book_Facts', 15, '2023-04-16 18:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jgi1wlr/', 'Long term impact of traders on the market is effectively 0. They open and close every p... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Join the most important conversation in crypto and web3! Secure your seat today Good morning. Here’s what’s happening: Prices: Ether continued its ascent following last week\'s Shanghai upgrade on the Ethereum blockchain, reaching an 11-month high. Insights: Sufficiently decentralized ownership and control would prevent any single party from dictating AI development, CoinDesk Chief Content Officer Michael Casey writes. Prices CoinDesk Market Index (CMI) 1,324 +5.9 ▲ 0.4% Bitcoin (BTC) $30,325 +0.0 ▲ 0.0% Ethereum (ETH) $2,120 +27.8 ▲ 1.3% S&P 500 4,137.64 −8.6 ▼ 0.2% Gold $2,015 +13.0 ▲ 0.6% Nikkei 225 28,493.47 +336.5 ▲ 1.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,324 +5.9 ▲ 0.4% Bitcoin (BTC) $30,325 +0.0 ▲ 0.0% Ethereum (ETH) $2,120 +27.8 ▲ 1.3% S&P 500 4,137.64 −8.6 ▼ 0.2% Gold $2,015 +13.0 ▲ 0.6% Nikkei 225 28,493.47 +336.5 ▲ 1.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) For months traders speculated whether the ether ( ETH ) price would crash following the Ethereum blockchain\'s milestone Shanghai upgrade, or if it would rally. Now we know: Ether\'s price took off after last week\'s first-ever enabling of crypto withdrawals from the blockchain\'s staking mechanism , blowing past $2,000 on fresh enthusiasm that the success of the upgrade could lead to a surge in growth and investor interest. And it\'s kept rising, gaining on four of the past five days, and hitting a fresh 11-month high on Sunday around $2,141. The ETH price is now up 77% year-to-date, still trailing the bitcoin ( BTC ) price gain of 83% in 2023, but catching up fast . "The market\'s pessimism regarding Ethereum staking withdrawals proved excessive," as Sean Farrell, head of digital asset strategy at FundStrat, put it last week. Insights Web2’s Lesson for AI: Decentralize to Protect Humanity This is going to sound presumptuous coming from a guy who doesn’t write code, let alone have any direct experience in machine learning or artificial intelligence research. Story continues But I gotta say it: The recent alarmist demand for a six-month pause or even a militarily enforced shutdown in AI research – from people with experience, money and influence in the artificial intelligence industry – is founded on some fundamentally flawed thinking that will encourage the same destructive outcome for humanity that we seek to avoid. That the U.S. government is simultaneously orchestrating a crackdown on the crypto industry, a field of open-source innovation that develops the kind of cryptography and network coordination technologies needed to manage AI threats, makes this an especially dangerous moment for all of us. These doomsayers are computer scientists, not students of economic history. The issue is not, in and of itself, that an out-of-control AI could evolve to kill us all . (We all know that. For decades, Hollywood has taught us that it is so.) No, the task is to ensure that the economics of AI don’t intrinsically encourage that horrific result. We must prevent concentrated control of the inputs and outputs of AI machines from hindering our capacity to act together in the common interest. We need collective, collaborative software development that creates a computational antidote to these dystopian nightmares. You’re reading Money Reimagined , a weekly look at the technological, economic and social events and trends that are redefining our relationship with money and transforming the global financial system. Subscribe to get the full newsletter here . The answer does not lie in shutting down AI innovation and locking ChatGPT creator OpenAI, the industry leader that has taken the field to its current level of development, into pole position. On the contrary, that’s the best way to ensure the nightmare comes true. Read the full story here: Important events. Impact: FinTech Leading Through Change (London) 2:00 a.m. HKT/SGT(18:00 UTC) German Buba President Nagel Speech 5:30 a.m. HKT/SGT(21:30 UTC) European Central Bank\'s President Lagarde Speech CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Ether Tops $2.1K After Shanghai Upgrade; Governance Tokens of Liquid Staking Protocols See Gains Ether was over $2,100, as many investors opt for the prospect of additional liquidity while earning staking rewards over the desire to take immediate profits and run. Dexterity Capital managing partner Michael Safai shared his crypto markets analysis. Plus, Blockchain Association director of government relations Ron Hammond weighed in on the state of crypto regulation ahead of SEC chair Gary Gensler\'s testimony before lawmakers next week. And TurboTax tax expert Lisa Greene-Lewis shared tips on what crypto investors need to know ahead of Tax Day. Headlines Market Maker DWF Labs’ More Than $200M in Deals Blur What ‘Investing’ Means : DWF Labs made headlines with flurry of investments in crypto projects such as CryptoGPT or Synthetix. A closer examination reveals that many of their deals aren’t typical venture capital investments. However, the firm says it’s all a misunderstanding. How CoinDesk Will Use Generative AI Tools : Artificial intelligence (AI) tools are changing the way we work – especially the media. Here are the rules of the road for CoinDesk. Ethereum Layer 2 Network zkSync Era Jumps to Nearly $250M in Locked Value : More than 7 million transactions have been conducted on the network since launch, which can process 3.5 transactions per second, data shows. Avalanche Surges to 6-Month High in Daily Active Addresses : The spike coincided with a bevy of financial institutions joining Avalanche’s Evergreen subnet “Spruce.” AI Boosters Would Sacrifice Humanity for a Simulacra - as Long as They\'re in Control : AI boosterism and associated “long-termist” ideas may be a threat to your privacy, property and civil rights.', '(Bloomberg) -- Metalpha Technology Holding Ltd. is targeting a $100 million fund to invest in Bitcoin and other crypto products from Grayscale Investments LLC, offering Chinese investors with an appetite for crypto a regulated channel to get involved.\nMost Read from Bloomberg\n• Bud Light Kicked a Hornet’s Nest and Ran Away\n• A $300,000 Salary Feels Like $100,000 in The Priciest US Cities\n• Merck-Moderna Vaccine Helps Keep Patients Free From Skin Cancer\n• Fuel That Powers the Global Economy Is Flashing Recession Signs\n• In Morgan Stanley CEO Race, Wealth Boss Emerges as One to Watch\nThe licensed digital asset wealth manager, formerly known as Dragon Victory International, has secured $20 million for its new fund since March, said Adrian Wang, Metalpha’s president.\nBased in Hong Kong, the firm had been mulling relocation but decided to stay put after the city laid out plans to become a crypto trading hub. Its new fund was launched with NextGen Digital Venture, headed by Jason Huang, formerly of Alibaba Group Holding Ltd. co-founder Joe Tsai’s family office Blue Pool Capital.\nThe key selling point for the fund is providing a legally compliant way for investors in Asia from traditional finance backgrounds to access the so-called web3 space, or a decentralized version of the internet built around blockchain technology.\n“A lot of our clients are family offices with traditional backgrounds, rather than pure crypto or pure web3 native investors,” said Wang, who declined to share specific investor names. “It’s overseas Chinese institutions — some of them are family offices, some of them are public companies.”\nThe abrupt collapse of FTX last year reverberated across the crypto industry, shrinking risk appetites among investors from all classes. Metalpha sees that shock dissipating in recent times and believes its regulator-compliant offering will benefit from interest returning.\n“In the last quarter of 2022, especially after FTX collapsed, we had some difficulties and a lot of clients hesitated to place new orders, but now it’s getting much better,” Wang said. “A lot of new traffic is coming in and people are gaining more confidence.”\nMetalpha is backed by Singapore-based financier Antalpha, which has been working with Chinese Bitcoin mining rig firm Bitmain Technologies Ltd. to offer low-interest loans to crypto miners. The company competes with other lenders including Chinese billionaire Jihan Wu’s Matrixport Technologies Pte and the embattled Amber Group.\n--With assistance from Zheping Huang.\nMost Read from Bloomberg Businessweek\n• A Smart Gun Is Finally Here, But Does Anyone Want It?\n• Banking Crises Are Preventable, But Human Nature Gets in the Way\n• There Are No Fees at America’s Smallest Bank\n• Death, Taxes and ‘Teflon Don’\n• Women Tackle Football With a Full-Contact League of Their Own\n©2023 Bloomberg L.P.', '(Bloomberg) -- Metalpha Technology Holding Ltd. is targeting a $100 million fund to invest in Bitcoin and other crypto products from Grayscale Investments LLC, offering Chinese investors with an appetite for crypto a regulated channel to get involved.\nMost Read from Bloomberg\n• Bud Light Kicked a Hornet’s Nest and Ran Away\n• A $300,000 Salary Feels Like $100,000 in The Priciest US Cities\n• Merck-Moderna Vaccine Helps Keep Patients Free From Skin Cancer\n• Fuel That Powers the Global Economy Is Flashing Recession Signs\n• In Morgan Stanley CEO Race, Wealth Boss Emerges as One to Watch\nThe licensed digital asset wealth manager, formerly known as Dragon Victory International, has secured $20 million for its new fund since March, said Adrian Wang, Metalpha’s president.\nBased in Hong Kong, the firm had been mulling relocation but decided to stay put after the city laid out plans to become a crypto trading hub. Its new fund was launched with NextGen Digital Venture, headed by Jason Huang, formerly of Alibaba Group Holding Ltd. co-founder Joe Tsai’s family office Blue Pool Capital.\nThe key selling point for the fund is providing a legally compliant way for investors in Asia from t **Last 60 Days of Bitcoin's Closing Prices:** [23623.47, 24565.60, 24641.28, 24327.64, 24829.15, 24436.35, 24188.84, 23947.49, 23198.13, 23175.38, 23561.21, 23522.87, 23147.35, 23646.55, 23475.47, 22362.68, 22353.35, 22435.51, 22429.76, 22219.77, 21718.08, 20363.02, 20187.24, 20632.41, 22163.95, 24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-04-17 **Financial & Commodity Data:** - Gold Closing Price: $1994.20 - Crude Oil Closing Price: $80.83 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $579,676,566,000 - Hash Rate: 368979619.9704619 - Transaction Count: 316193.0 - Unique Addresses: 665181.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.69 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Join the most important conversation in crypto and web3! Secure your seat today If there was a bitcoin marketing team, the last month would be as good as it gets for them. Confidence in banks in the U.S. and Europe has been decimated and people are scrambling for an alternative to protect their dollars. Enter bitcoin (BTC), an asset that was created for entirely this purpose – a truly decentralized form of money that can’t be controlled by any entity. Conor Ryder is a research analyst at crypto data firm Kaiko. At first glance, the recent banking crisis seems like the perfect catalyst for a BTC price rally. However, digging a bit deeper into the reasons for the move points us in the direction of liquidity, and more specifically, lack thereof. While the narrative makes sense and has resulted in a lot of people looking for bitcoin at the exact same time, illiquidity has almost certainly been a strong price propellant. I’ll take a moment here to congratulate the BTC maxis. They’ve had little to cheer about recently. But this is the moment bitcoin was created for, and it’s the first time since its inception that there has been a confidence crisis in the banking system. See also: Bank Consolidation Threatens Freedom, Makes Case for Bitcoin For the first time since 2008, people have begun to realize the U.S. dollars (USD) they hold is exposed to more risk than expected, leaving BTC looking quite attractive as a percentage of a wider portfolio. But while these types of narratives meant to explain or predict price movements are powerful, current market structure cannot be ignored. When liquidity is low in any financial market, volatility is high in both directions. Prices have less support on both the downside and the upside. In this instance, the narrative of bitcoin as a hedge against financial calamity gave BTC the push it needed. But there was little upside resistance to hurdle over: BTC market depth, the number of orders waiting to be filled on an order book, reached 10-month lows this week – that’s lower than levels seen since the collapse of the FTX exchange and sister firm Alameda Research. Story continues The introduction of fees on bitcoin's largest trading pair, BTC–USDT on Binance, has reduced trading and liquidity. (Kaiko) The post-FTX dip is something we call the “Alameda Gap,” explaining how crypto market liquidity evaporated in the absence of one of the biggest digital asset market makers. That liquidity gap has not recovered, and continues to set new lows in the aftermath of the Silvergate and Signature banking crisis that cut off market makers from crucial USD payment rails. When market makers face this sort of unprecedented operational challenge, their reaction is to pull liquidity from order books until they receive some clarity. Another word of warning is the reintroduction of fees on Binance’s BTC-USDT and BTC-BUSD trading pairs. We’ve noticed a sharp drop in liquidity on those pairs in the last few days as fees have been reintroduced. A fee means that market makers on those pairs can no longer justify their wide spreads (the difference in price between the bid and ask ), meaning they have to offer tighter spreads which impacts their profitability. As a result, liquidity on the BTC-USDT pair on Binance, the most liquid pair in crypto, dropped 70% overnight. The only zero-fee pair is now BTC-TUSD. If liquidity does not flow into that pair, order books could be depleted even further over the coming weeks. It takes less and less “size” to move the price of BTC when liquidity dries up.(Kaiko) What this all means is that it now takes less and less “size” to move the price of BTC, potentially causing volatility as more traders are able to influence prices. Thankfully for investors, the banking confidence crisis led to a surge of buy pressure, boosting the price upwards so far. See also: U.S. Banking Cutoff Presents Opportunities for Crypto in Europe | Conor Ryder However, the lack of support to the upside also applies to the downside, meaning we need to be just as cautious of an outsized move downwards in the coming weeks. All this to say it’s too early for a bitcoin maxi victory lap. While the rotation of capital into BTC certainly makes sense given all we’ve seen in traditional markets in the last two weeks, illiquidity arguably played the largest role in crypto’s surge.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Join the most important conversation in crypto and web3! Secure your seat today Michael Saylor, the outspoken bitcoin proponent and co-founder of business analytics software firm MicroStrategy (MSTR), has integrated Bitcoin’s Lightning Network into his corporate email address. This means anyone can use that email address – [email protected] – to send bitcoin ( BTC ) to the 58-year-old billionaire. So @MicroStrategy converted my corporate email address into a #Lightning ⚡️ address and people keep sending me 21 sats...🧡 pic.twitter.com/FHde6RtA6N — Michael Saylor⚡️ (@saylor) April 17, 2023 The integration uses The Lightning Address protocol, which allows developers to replace a standard Lightning invoice, or payment request, with an internet identifier such as an email address. The Lightning Network is the Bitcoin blockchain’s layer 2 scaling system designed to make bitcoin payments cheaper and faster. Saylor, who is reportedly worth around $1.2 billion and whose company has amassed approximately 140,000 BTC (about $4 billion at current prices), has been receiving small bitcoin donations from fans after tweeting about the integration.', 'Join the most important conversation in crypto and web3! Secure your seat today Vetle Lunde, a crypto markets analyst at K33 Research, sees parallels between bitcoin\x92s (BTC) recent surge from the doldrums of 2022 and its price pattern from 2018 into 2019. In an interview on CoinDesk TV\x92s \x93First Mover\x94 program on Monday, Lunde said that "the current drawdown and recovery stage is remarkably similar to that in 2019, both in duration and price movement.\x94 In a research note to clients last week, Lunde wrote that bitcoin could reach $45,000. BTC was currently trading at about $29,440, down 2%, although it is up about 80% in 2023. The rebound follows a year of distress, in which multiple major firms declared bankruptcy, sending risk-shy investors fleeing from crypto markets. Read More: Bitcoin Could Peak at $45K in May, Analyst Says \x93We saw throughout the latter part of 2022 a lot of forced selling, and also selling from investors who grew cautious,\x94 Lunde said. \x93This has led people to be underexposed. And has also enticed a lot of people to short (crypto) being conservative with adding exposure. This creates this dynamic where bitcoin feeds on your short squeezes and moves higher.\x94 He added that negative to neutral sales of derivatives, despite recent price gains, were further signs of investor caution. That sentiment could change, although the market\x92s relatively low liquidity remained a potential weight on future pricing. Lunde believes that faint signs last week that the U.S. Federal Reserve would scale back its hawkish monetary policy amid mildly encouraging inflation data could boost market sentiment. He blamed crypto prices\x92 swoon last year partly on firms overexposing themselves when interest rates were zero. \x93It was a lot of spending, a lot of focus on growth,\x94 Lunde said. \x93So you had this environment where miners took a lot of fiat that held a lot of bitcoin and then were exposed to falling prices, in addition to all the crypto banks starting to neglect due diligence.\x94 But the industry-wide crisis of 2022, which included multiple, major firms declaring bankruptcy, including crypto hedge fund Three Arrows Capital, has already been benefiting markets by weeding out bad actors, Lunde suggested. \x93A lot of these rotten fruits have been washed out of the market,\x94 he said. \x93So the entire market is in a more robust stage right now where it can handle higher interest rates for longer.\x94 He added: \x93The industry has learned. I\'m pretty sure that we will experience similar kinds of crisis in the future, unfortunately. But for now, those kinds of risks feel washed out of the market. So the market feels a lot more safe at the moment.', 'Join the most important conversation in crypto and web3! Secure your seat today Good morning. Here’s what’s happening: Prices: Bitcoin drops below $29.5K as investors\' appetite for riskier assets lessens. Insights: What crypto projects are solving particularly important problems? Consensus Magazine presents 19 that you should be watching in 2023. Prices CoinDesk Market Index (CMI) 1,288 −20.5 ▼ 1.6% Bitcoin (BTC) $29,387 −578.8 ▼ 1.9% Ethereum (ETH) $2,074 −19.2 ▼ 0.9% S&P 500 4,151.32 +13.7 ▲ 0.3% Gold $2,011 +16.4 ▲ 0.8% Nikkei 225 28,514.78 +21.3 ▲ 0.1% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,288 −20.5 ▼ 1.6% Bitcoin (BTC) $29,387 −578.8 ▼ 1.9% Ethereum (ETH) $2,074 −19.2 ▼ 0.9% S&P 500 4,151.32 +13.7 ▲ 0.3% Gold $2,011 +16.4 ▲ 0.8% Nikkei 225 28,514.78 +21.3 ▲ 0.1% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Is Bitcoin Entering a New Range? After a week-long rise above $30,000, bitcoin dipped below the symbolic threshold. The largest cryptocurrency by market capitalization was recently trading at about $29,400, down about 1.9% over the past 24 hours. BTC dipped below $29,300 at one point as banking unrest subsided, treasury yields rose and investors shied away from riskier assets. "Cryptos are losing some appeal as banking turmoil risks appear to be disappearing," Edward Moya, senior analyst at foreign exchange market maker Oanda, wrote in an email. "[Federal Reserve] lending to banks continues to ease and earnings have not revealed any major strains with the early banks that have reported. Also dampening the appeal for crypto is the surge behind Treasury yields, which is dampening the appeal for most risky assets." Moya noted that a number of major banks reported solid first-quarter earnings, including Wells Fargo and Citigroup, and that "emergency lending is decreasing." Story continues "The mid and small banks are about to report and while we are about to see some serious deposit outflows, the focus is not on bank solvency, but on banking profitability," Moya wrote. Ether was recently changing hands at about $2,075, off the better part of a percentage point. The second-largest crypto in market value has yet to see many ill effects from the recent Ethereum Shanghai upgrade, the final step in the blockchain platform\'s transformation from a proof-of-work to a more energy-efficient proof-of-stake protocol. Other major cryptos were in the red, albeit lightly so. ARB, the token of the layer 2 Ethereum scaling protocol Arbitrum, and ADA, the native crypto of the Cardano blockchain, both recently declined about 3%. The CoinDesk Market Index, a measure of the crypto markets overall performance, was recently down 1.6%. Equity markets inched upward as investors chewed over the encouraging bank earnings and the possibility that the U.S. central bank might continue raising interest rates to tame inflation. In last month\'s near banking meltdown, that prescription seemed less likely. Meanwhile, the 10-year Treasury yield has increased for three straight days to 3.59%, while gold, which a week ago neared its all-time high, has edged downward to just above $2,000. Oanda\'s Moya was wary about bitcoin\'s near-future path forward. "Bitcoin looks like it might be consolidating, possibly settling on a new range between the $26,500 and $31,000 region," he wrote. Biggest Gainers Asset Ticker Returns DACS Sector Decentraland MANA +7.3% Entertainment Gala GALA +5.0% Entertainment Loopring LRC +4.3% Smart Contract Platform Biggest Losers Asset Ticker Returns DACS Sector Cosmos ATOM −4.0% Smart Contract Platform Solana SOL −3.9% Smart Contract Platform Cardano ADA −2.7% Smart Contract Platform Insights Crypto Innovation Thrives: Here Are 19 Projects to Watch For the past three years, the Pew Research Center has polled Americans about their exposure to cryptocurrency. The percentage of people who have “ever invested in, traded or used a cryptocurrency such as bitcoin or ether” has remained roughly 16% since 2020. But this spring, Pew sought to identify how people feel about crypto. Among the 88% who have ever heard of cryptocurrency, 75% are “not very or not at all confident that cryptocurrencies are reliable or safe.” Only 6% are very confident. Trust in crypto is very low. The CoinDesk editorial team didn’t need a poll to see this. Our Most Influential 2022 list , published in December, subjectively identified the 50 people who defined the year in crypto. A significant percentage of the list was feel-bad stories of scammers and hucksters and possible sociopaths who depleted customers’ savings. The list came out less than a month after the sudden and shocking collapse of the FTX exchange, capping off a year of scandals. Understandably in response, Congress, mainstream media and the public are ready to punish crypto. To state the obvious, 2022 was the antithesis of crypto, which was invented as a remedy in 2009 to broken global financial systems and not to make sharks and charlatans rich. Bitcoin made peer-to-peer transactions possible, bypassing banks that make the transfers slow, costly and intrusive. By solving the trusted-mediator problem, bitcoin allowed transactions to be quicker and cheaper and therefore more accessible. The CoinDesk team set about to find projects that fulfill the ethos of crypto by solving a problem. In brainstorming sessions, we debated what problems crypto could be employed to solve, which quickly split into two baskets: problems within the crypto ecosystem itself, and problems in the world generally. Then the team explored the merits of projects aiming to solve the identified problems. From a list of more than 35 projects, we selected 19. Some haven’t launched yet, while others have been around for years. Funding ranges from bootstrapped to tens of millions of dollars, to undisclosed support from a parent foundation or project. We didn\'t put a lot of restrictions or parameters on these projects. Crypto organizations come in many forms, from traditional startups to decentralized autonomous organi **Last 60 Days of Bitcoin's Closing Prices:** [24565.60, 24641.28, 24327.64, 24829.15, 24436.35, 24188.84, 23947.49, 23198.13, 23175.38, 23561.21, 23522.87, 23147.35, 23646.55, 23475.47, 22362.68, 22353.35, 22435.51, 22429.76, 22219.77, 21718.08, 20363.02, 20187.24, 20632.41, 22163.95, 24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-04-18 **Financial & Commodity Data:** - Gold Closing Price: $2007.40 - Crude Oil Closing Price: $80.86 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $583,650,468,144 - Hash Rate: 395165270.4199787 - Transaction Count: 312522.0 - Unique Addresses: 680093.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.58 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin rose whileEtherand most of the other top 10 non-stablecoin cryptocurrencies fell during afternoon trading in Asia on Monday. U.S. and European equities strengthened while Asian equities were mixed, after the International Monetary Fund (IMF) warned of potential financial stability risks in the wake of the banking turmoil. U.S. investors saw some relief after North Carolina-based First Citizens BancShares bought all the loans of failed Silicon Valley Bank. See related article:Cryptocurrencies bounce back despite fed rate hike • Bitcoin rose 1.01% to US$27,806 in the 24 hours to 4:00 p.m. in Hong Kong. The world’s first cryptocurrencyhovered around US$28,000for most of last week, amid looming concerns of a potential banking crisis. • Ether fell 0.12% to US$1,752 in the same timeframe, making for a weekly drop of 2.48%. • Bitcoin saw the day’s biggest gains, followed by Binance’s BNB token that rose 0.62% to change hands at US$326.24. Cardano’s ADA saw the biggest drop, as it fell 1.81% to US$0.35. • The global cryptocurrency market capitalization increased by 0.32% to US$1.16 trillion in the 24 hours to 4 p.m. in Hong Kong, with total crypto market trading volume up by 6.93% to US$33.32 billion. • TheForkast 500 NFT indexfell 1.49% to 4,021.44 points, losing 2.68% during the week. The index is a proxy measure of the performance of the global NFT market and includes 500 eligible smart contracts on any given day. • U.S. investor concerns over a banking crisis partially eased after First Citizens BancShares, the parent company of First Citizens Bank, bought all the loans and deposits of failed Silicon Valley Bank, resulting in a 0.56% gain for the S&P 500. • Asian equities were mixed on Monday, after the IMF’s managing directorKristalina Georgieva warnedon Sunday that financial stability risks have increased after a banking sector crisis in the U.S. and Europe earlier this month.Georgieva also saidthat global growth would slow to just 3% this year due to war in Ukraine, Covid-19 related restrictions and monetary policy tightening to tackle sticky inflation. • The Shanghai Composite slid 0.44% while the Shenzhen Component Index inched up 0.12%. Japan’s Nikkei 225 rose 0.33% and Hong Kong’s Hang Seng index dropped 1.75%. • European bourses saw a rebound after a steep sell-off last week, led by gains in the banking sector. The benchmark STOXX 600 rose 0.97% and Germany’s DAX 40 gained 1.11%. • Gold fell 0.45% to US$1,968 an ounce on Monday, after testing the US$2,000 mark multiple times last week. The U.S. dollar is struggling to recover from a seven-week low, after St. Louis Fed President James Bullard clarified last Friday that the U.S. central bank is planning further monetary tightening. See related article:What impact will Ethereum’s Shanghai upgrade have on ETH and crypto 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.
28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Join the most important conversation in crypto and web3! Secure your seat today Good morning. Here’s what’s happening: Prices: Bitcoin regained its perch above $30K, but its rally stalled; ether hovers near $2,100. Insights: Longer-term narratives, such as bitcoin\'s recent store-of-value story matter but price depends on traders\' shorter-range, often fickle sentiments. Prices CoinDesk Market Index (CMI) 1,323 +30.4 ▲ 2.3% Bitcoin (BTC) $30,341 +959.4 ▲ 3.3% Ethereum (ETH) $2,100 +25.0 ▲ 1.2% S&P 500 4,154.87 +3.6 ▲ 0.1% Gold $2,018 +23.7 ▲ 1.2% Nikkei 225 28,658.83 +144.1 ▲ 0.5% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,323 +30.4 ▲ 2.3% Bitcoin (BTC) $30,341 +959.4 ▲ 3.3% Ethereum (ETH) $2,100 +25.0 ▲ 1.2% S&P 500 4,154.87 +3.6 ▲ 0.1% Gold $2,018 +23.7 ▲ 1.2% Nikkei 225 28,658.83 +144.1 ▲ 0.5% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin Rises Over $30K and Then Pauses Crypto markets started promisingly on Tuesday, with bitcoin re-establishing its foothold above the psychologically important $30,000 threshold. But the BTC rally stalled around $30,300 by midday, and the largest cryptocurrency by market cap was up just 3.3% over the past 24 hours. Bitcoin had dipped as low as about $29,100 on Monday before rebounding, as investors seemed to regain some of their prior zest for assets that hold value even as concerns about the banking industry have faded. In an interview with CoinDesk TV\'s "First Mover" program, Kaiko senior research analyst Dessislava Aubert called the current rally "macro driven" and said that its ongoing strength would depend on liquidity. The rally "started with the [U.S. Federal Reserve] providing emergency liquidity to banks in the United States," Aubert said. "So definitely, liquidity is playing a huge role." She added: "We have seen that markets are expecting great cuts in the second half of the year. So there is still a lot of uncertainty around whether this will be the case or not. Ultimately, it will depend on how U.S. monetary policy turns out." Story continues Ether climbed above $2,100 for the second time in three days before dipping below the threshold and then rising again. The second-largest crypto by market capitalization was recently changing hands at about $2,100, up about 1.5%. A post-Ethereum Shanghai upgrade sell-off has yet to materialize. Other major cryptos were solidly green, with ICP, the token of blockchain-based, smart contracts platform Internet Computer, recently rising 15% to trade at about $6.80. XRP, the native crypto of the blockchain-based, payments-focused platform XRP ledger, was up more than 3%. The CoinDesk Market Index , which measures the performance of the overall crypto market, was recently up 2.7% and in significant uptrend territory on a one to five scale. Equity indexes spent the day largely running in place as the Dow Jones Industrial Average (DJIA), tech-heavy Nasdaq Composite and S&P 500 were all within a few fractions of a percentage point of where they stood at the close of trading Monday. Gold ticked upward to $2,017, but was still down from its near record highs of last week when assets that held value were in vogue. The yield on two- and 10-year Treasury edged up slightly but last week\'s surge has stalled. In an email to CoinDesk, Anthony Georgiades, co-founder of Pastel Network, a decentralized blockchain for non-fungible tokens (NFT), cryptos and Web3 technology, attributed bitcoin\'s plunge under $30,000 to "converging elements," particularly the looming prospect of an inflation-focused Fed continuing its diet of hawkish interest rate hikes. But he also noted a loss of public confidence in the dollar and banking system. "People ... are seeking a decentralized safe haven asset that is an inflation hedge," he said. He added: "There are also macroeconomic conditions to consider. With an easing [consumer price index] and recessionary signals, the market seems to be pricing in potentially dovish Fed policies, which could lead to a risk-on craze. Bitcoin has found itself in somewhat of a paradoxical environment, and there may be price fluctuation to weather until the Fed’s short and medium-term monetary policies become clearer." Biggest Gainers Asset Ticker Returns DACS Sector Chainlink LINK +5.3% Computing Gala GALA +4.4% Entertainment Terra LUNA +3.5% Smart Contract Platform Biggest Losers Asset Ticker Returns DACS Sector Loopring LRC −0.6% Smart Contract Platform Decentraland MANA −0.5% Entertainment Insights Bitcoin’s \'Store-of-Value\' Narrative Is Real but Not a Price Mover Markets are noisy, chaotic things that we human beings instinctively try to imbue with order and reason. This generally involves searching for explanations as to why prices are trending up or down or what triggered a sharp move. Often there is an obvious explanation – an earnings surprise or an unexpected corporate action. Sometimes the cause isn\'t so easy to see – flows of funds, an evolving user base, steady product development and so on. Noelle Acheson is the former head of research at CoinDesk and Genesis Trading. This article is excerpted from her Crypto Is Macro Now newsletter, which focuses on the overlap between the shifting crypto and macro landscapes. These opinions are hers, and nothing she writes should be taken as investment advice. With bitcoin ( BTC ), it’s even harder to discern what is driving sentiment shifts at any given time because it doesn’t have earnings, there are no corporate actions, regulation isn’t the threat it is for some other crypto assets and the narratives are multiple and varied. There isn’t even universal agreement as to what bitcoin is, let alone what drives its price. But our search for reason amid chaos encourages us to latch on to something that makes sense, and if it is a narrative that justifies our interest while highlighting a timely concept, then so much the better. Store of value One phrase we’re hearing a lot of these days is “store of value.” It tends to mean different things to different people, but in general, it refers to an asset that holds its value relative to a broad basket of other assets over a long stretch of time. In spite of its short-term price volatility and sharp bear markets, bitcoin is a store of value because it is the only asset traded on liquid exchanges today with a programmatic and verifiable hard cap. With other “hard assets” (those with limited supply) such as gold, diamonds or real estate, we don’t know the supply cap, nor do we know how much is currently in existence. Plus, with other “hard assets,” the price influences the potential supply. For instance, if gold were to surge from $2,000 to $20,000 per ounce, new extraction methods would become viable, boosting the theoretical cap. Bitcoin is the only asset traded on liquid exchanges for which the price has no influence whatsoever on the supply. It is the hardest of hard assets. What’s more, the supply of its most common denominator – the U.S. dollar – has been increasing over the decades, and more recently at an astonishing pace. We are likely about to embark on another wave of monetary easing, involving lower interest rates and the incentivization of credit to overcome declining economic growth and consumption. An increase in the supply of USD above what economic growth can absorb will – all other things being equal – decrease its value relative to other assets, and following basic math, if the value of the denominator drops, that of the ratio increases. Bitcoin is a store of value and a hedge against currency debasement. Read the full story here : Important events 12:30 p.m. HKT/SGT(4:30 UTC) Japan Industrial Production (YoY/Feb) 2:00 p.m. HKT/SGT(6:00 UTC) Great Britain Consumer Price Index (YoY/Mar) 6:45 a.m. HKT/SGT(22:45 UTC) New Zealand Consumer Price Index (YoY/Q1) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Coinbase CEO Leaves Door Open to Relocating; Bitcoin Reclaims $30K Coinbase CEO Brian Armstrong indicated that the crypto exchange would consider moving away from the U.S. if the regulatory environment for the industry does not become clearer. Jason Gottlieb, Morrison Cohen LLP partner and chair of the firm\'s digital assets department, weighed in. Plus, Kaiko senior research analyst Dessislava Aubert broke down XRP\'s rally in the last month. And, Arkham Intelligence is one of CoinDesk’s Projects to Watch 2023. Arkham founder and CEO Miguel Morel joined the conversation. Headlines Ethereum Unstaking Requests Now Face About a 17-Day Wait : The queue stood at 14 days late last week, but it’s lengthened as more exit requests piled in from validators on the blockchain. Also, staked ether deposits outpace withdrawals for the first time since last week’s Shanghai upgrade. Rocket Pool Made It Cheaper to Stake ETH Through Its Platform Following Ethereum Shanghai Upgrade : The staking protocol gave users access to their staking rewards and lowered the barrier of entry to create an Ethereum validator. Developers Stay Resilient Through Harsh Crypto Winter, Report Says : According to Alchemy’s Q1 2023 "Developer Report," Ethereum SDK installations reached an average of 1.9 million installs per week, a 47% year-over-year increase. The Biggest Crypto Bull Cycle Is Upon Us: Bernstein : Macro catalysts are lining up for bitcoin, a new report from the brokerage firm said.', 'Binance set hares running in July last year when it announced the launch of zero-fee trading for Bitcoin spot pairs. Coinbase\x92s share price fell nearly 10% on the news as the crypto world pondered whether the race to the bottom had just got underway. Fast forward nine months, and Binance has dropped most of its zero-fee trading. Some exchanges might see this as an opportunity to pick up where Binance left off in a race to grab more market share. Further experimentation with zero-fee models, however, is ill-advised and certainl **Last 60 Days of Bitcoin's Closing Prices:** [24641.28, 24327.64, 24829.15, 24436.35, 24188.84, 23947.49, 23198.13, 23175.38, 23561.21, 23522.87, 23147.35, 23646.55, 23475.47, 22362.68, 22353.35, 22435.51, 22429.76, 22219.77, 21718.08, 20363.02, 20187.24, 20632.41, 22163.95, 24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-04-19 **Financial & Commodity Data:** - Gold Closing Price: $1995.20 - Crude Oil Closing Price: $79.16 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $566,877,108,656 - Hash Rate: 330891401.13480145 - Transaction Count: 301722.0 - Unique Addresses: 680099.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.63 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: This article was originally published on ETFTrends.com. Among crypto-correlated equities, it’s difficult to find a more familiar and more correlated name than exchange operator Coinbase (NASDAQ: COIN). For better or worse, many investors assume that Coinbase’s business model relies heavily on cryptocurrency prices soaring, implying the shares of the exchange operator are vulnerable when bitcoin and its brethren retreat. That scenario is on display – in a positive fashion – this year as a substantial crypto price resurgence is fueling massive gains in Coinbase stock. Shares of the California-based company soared 11.78% on above-average volume Tuesday, extending the stock’s one-month gain to almost 29%. Since the start of 2023, the shares are up a staggering 137.33%. Now, analysts are getting bullish on the name. On Tuesday, Bo Pei, an analyst at U.S. Tiger Securities, upgraded Coinbase to “buy” from “hold” while boosting his price target on the stock to $200 from $65. Not only is that the highest outlook among the 20 sell-side analysts covering the stock, but it also implies the shares can more than double from the March 21 close at $83.99. It’s been roughly a year since Coinbase traded at $200 and its 52-week high is $206.79. “Crypto has started a new bull run, and so has Coinbase,” Pei said in a Monday note. “We believe crypto price is the main factor to consider when investing in Coinbase. We believe a crypto bull market will drive significant revenue growth.” Amid a budding crypto resurgence, Coinbase could get a lift as more previous clients increase trading activity on the platform and as new crypto bulls join the party. “Our thesis assumes that a new crypto bull market has begun and Coinbase’s revenue and profit could recover to its 2021 level when Coinbase was trading at above $200,” noted Pei. Perhaps making Coinbase all the more appealing is that despite the fact that bitcoin is on fire to start 2023, the largest digital currency by market value still needs to more than double to reclaim its November 2021 highs of around $69,000. If that scenario comes anywhere close to playing out, Coinbase stock’s crypto correlations could work in favor of investors. Story continues “And digital assets are on an impressive winning streak . While Bitcoin remains well below its late 2021 high near $69,000, the largest crypto has rallied some 70% so far this year from the depths of a bear market. The price has hit its highest point since June, when the crypto crash accelerated with a string of bankruptcies ,” reported Jack Denton for Barron’s . For more news, information, and analysis, visit the Crypto Channel . POPULAR ARTICLES AND RESOURCES FROM ETFTRENDS.COM SPY ETF Quote VOO ETF Quote QQQ ETF Quote VTI ETF Quote JNUG ETF Quote Top 34 Gold ETFs Top 34 Oil ETFs Top 57 Financials ETFs AllianceBernstein Launches 3 New Active Equity ETFs A Shift to Quality Is Not a Political Statement on ESG but the Market Bull vs. Bear: Go Active for Low-Volatility Equity Exposure ETF Prime: Todd Rosenbluth Talks Current Advisor Research Trends A New Bank ETF Could Throw Its Weight Around Early READ MORE AT ETFTRENDS.COM >... - Reddit Posts (Sample): [['u/Superb-Row5394', 'I fell for a job scam and I feel like an idiot', 676, '2023-04-19 00:12', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/', 'I’m a recent college graduate who has been getting more desperate for money it’s been getting harder recently so I’ve been applying everywhere I could. I got a job offer to be someone’s personal assistant it was a remote part time job so it seemed like something I could do in the mean time while looking for a job in my field, the dude was talking about how I could become an administrative assistant in a couple weeks if I my work was good they said they were going to buy equipment so I would be able to effectively work from home and provide virtual training so that I would understand the programs. This is where I feel INCREDIBLY stupid the person sent me a check to deposit using my mobile app so I could buy the equipment which I already thought was weird, I went ahead and did so and then they said I’d have to withdraw the money and deposit it into a bitcoin atm and then transfer the money to the vendor so I could get the equipment… I knew it was stupid as I was walking to my car with the money in hand…I knew it was stupid when I was depositing the money…I knew it was stupid when I was transferring the money to the “vendor”…but I still did it…when I got back home after all of that the person said I’d have to do it again tomorrow until the amount the check had was all transferred…I immediately went to my bank and asked them if I was being scammed then I was told to call a fraud number which I did and I filed a claim…I got scammed for $400 which I’m not getting back ._. Luckily I’m not bankrupt yet but it’s a serious dent in my wallet I feel like a complete idiot for recognizing the red flags and still going through with it just cause I was getting desperate', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/', '12r6frx', [['u/Hubbylord', 477, '2023-04-19 00:24', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgt01cg/', "Hey, it's okay. It happens to many people. I've been scammed. If you can take the time and continue learning more, it'll be worth it. I got scammed for about $700. I learned to love this subreddit and learn from it, and you can too.\n\nBeware of !recovery scammers who say they can help get the money back.", '12r6frx'], ['u/Superb-Row5394', 167, '2023-04-19 00:28', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgt0jnz/', 'Thank you for that I really really needed that type of reassurance at this moment nd ur completely right I’ll try to do just that\nLol Thank you for the warning I already had one recovery scammer message me xD', '12r6frx'], ['u/Hubbylord', 91, '2023-04-19 00:31', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgt10i3/', "Just a personal tip on the job search. Make sure you have a good resume, have a couple people look at it. Then I recommend applying to a large amount of jobs. I am an Electrical Engineer and had to apply to 50-60 jobs before I got an offer. Some types of jobs are just on a tough market. Only respond to interviews for jobs that are in your field and you applied for. You got this. I graduated a year ago, it's tough, but you got this.", '12r6frx'], ['u/Match-Former', 47, '2023-04-19 00:37', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgt1tdr/', "You're not an idiot. The people who prey on jobseekers are scum.", '12r6frx'], ['u/Superb-Row5394', 40, '2023-04-19 00:39', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgt24ud/', 'Thanks man! :O those r all really good tips that I’m going to keep in mind! U don’t even know how much I needed that type of encouragement man but ur right! Gotta get back on the search! I’ll try to have some friends look at my resume so I can get their tips on it to! Again thanks man! 🙏🏾', '12r6frx'], ['u/bewildered_forks', 23, '2023-04-19 00:53', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgt402y/', "Don't feel too badly about yourself. Scammers are professionals. They literally make their living by preying on people who are desperate or trusting. They know what they're doing. They're scum. You did nothing wrong. You recognized the scam before you lost more - remember that feeling in your gut and trust it next time.\n\nGood luck in your job hunt!", '12r6frx'], ['u/NikkiVicious', 26, '2023-04-19 01:15', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgt6yi6/', "Instead of applying to individual jobs on some place like Indeed, that's overrun with scammers, try looking for recruiting firms in your area, and giving them your resume. It will drastically cut down on scams.", '12r6frx'], ['u/Superb-Row5394', 18, '2023-04-19 01:56', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgtcdhl/', 'Thank you for that tip :0 I didn’t know how else to apply for jobs besides at places like indeed :0 I’ll definitely be looking into any recruiting firms in my area', '12r6frx'], ['u/Ancguy', 36, '2023-04-19 02:14', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgtevvo/', "Thanks for coming forth with this- I think it's important for us all to see that people who fall for scams are human beings with flaws and feelings. Too often they're stereotyped as being stupid, when that's often far from the truth. We make mistakes- everyone on this subreddit had to learn one way or another about these scams, so seeing the effects on real people is helpful. Good luck to you- other folks smarter than you and I have been taken for far more than $400. Good luck to you- hang in there!", '12r6frx'], ['u/HaoieZ', 98, '2023-04-19 03:01', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgtlhmn/', "Remember next time any 'job' that supposedly sends you money to buy your own gear is always a scam.", '12r6frx'], ['u/Superb-Row5394', 29, '2023-04-19 03:02', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgtlkov/', 'Facts! I’m definitely keeping that in mind from now on!', '12r6frx'], ['u/cacille', 28, '2023-04-19 03:59', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgttmkf/', "Desperation often wins over logic. This is because desperation is a feeling, and feelings ABSOLUTELY CONTROL US FIRST. Deeper into our lizard brain, so they rule our actions and thoughts when we are caught in a feeling.\n\nThat said, I'm a career consultant. And I sometimes look over recent grad's resumes and, honestly, tear them apart as most of the time, they are written with desperation and fear, which causes the resumes to not be clear or targeted properly. So you're welcome to dm me your resume.", '12r6frx'], ['u/FFiscool', 17, '2023-04-19 04:29', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgtxku7/', 'You paid $400 to learn a lifelong lesson', '12r6frx'], ['u/issa_nice_', 10, '2023-04-19 05:11', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgu30or/', 'This happened to me when I was graduating college as well. It was even a job posted on the UNIVERSITY website job portal for college students. It’s disgusting they prey on young vulnerable desperate people, but unfortunately it’s the name of their game. I’m glad you realized before you got in too deep and now it’s at least a lesson learned. Wishing you the best in your job search! Hang in there.', '12r6frx'], ['u/Mariss716', 10, '2023-04-19 07:09', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgufriy/', 'Many people are here because they were scammed themselves, or a loved one was. We have all let our guard down and had our trust violated. Scammers pick the most vulnerable and they do this on purpose. Such as targeting job searchers who need money and might overlook red flags they’d heed otherwise.\n\nDon’t be too hard on yourself. You got your lesson and it cost $400. You pick yourself up and learn from it, and it won’t ruin you. I have met people who lost their life savings in learning that lesson. The lesson is to be careful with your trust and your money, and protect yourself. \n\nYou just cannot trust strangers and who they claim to be. \n\nAlways do thorough due diligence and r/Scams is a great place to ask if you have any doubts. I come here and educate, and I have volunteered to work with victims for years. It’s a way I can give back, and I too was scammed for $250 back in 2007. Plus my folks were scammed a few years ago by a telephone scam and I remember how awful that was, seeing them devastated. I vowed I would not let that happen to others, and so here I am.\n\nSave your scorn for these scum of the earth scammers like the one that got you, and just be vigilant and diligent going forward. It’s important to talk about what happened to you. Don’t be ashamed - share your story to help educate and warn others, and your loss will not be in vain.\n\nAll the best in your job search.', '12r6frx'], ['u/bofh', 12, '2023-04-19 09:12', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgupmew/', 'Yep. Kudos for admitting to this and for learning from it. Both of those are difficult steps, and being able to admit this may save others around you from falling into the trap. \n\nScammers are very convincing relative to their audience (I fell for a big deal on an "expensive watch" when I was young and more naieve that with the wisdom of age I ca... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Join the most important conversation in crypto and web3! Secure your seat today\nGood morning. Here’s what’s happening:\nPrices:Bitcoin lost the mojo it regained on Tuesday, dropping below $29K; ether fell toward $1.9K.\nInsights:Valuations for some Web3 games are higher than the lifetime revenue of some successful, traditional gaming companies, and yet Web3 doesn\'t have many games that make players enthusiastic.\nCoinDesk Market Index (CMI)\n1,250\n−73.5▼5.6%\nBitcoin (BTC)\n$28,936\n−1387.4▼4.6%\nEthereum (ETH)\n$1,948\n−149.8▼7.1%\nS&P 500\n4,154.52\n−0.4▼0.0%\nGold\n$2,007\n−0.4▼0.0%\nNikkei 225\n28,606.76\n−52.1▼0.2%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,250", "\\u221273.5\\u25bc5.6%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$28,936", "\\u22121387.4\\u25bc4.6%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,948", "\\u2212149.8\\u25bc7.1%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,154.52", "\\u22120.4\\u25bc0.0%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,007", "\\u22120.4\\u25bc0.0%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["28,606.76", "\\u221252.1\\u25bc0.2%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin\'s Wednesday Swoon\nWhat happened to bitcoin\'s Tuesday mojo?\nThe largest cryptocurrency by market capitalization tripped early Wednesday, falling first below $30,000 for the second time in three days, and hours later, below $29,000 for the first time in more than a week. BTC was recently trading at about $28,930, down about 4.6% from Tuesday, same time, and far from its heights last week when a moderately encouraging consumer price index (CPI) and renewed investor optimism buoyed markets.\nInvestors\' mood soured on Wednesday after a sobering U.K. inflation report andmassive sell order on Binance. "One way or another, the hot U.K. CPI report that we got in today\'s European session made the market more vulnerable and may have been the piece of macroeconomic data that pushed that large seller to pull the trigger, which led to a cascade of sell orders as we dropped below $30,000," Matt Weller, global head of research at online brokerForex.com, told CoinDesk TV\'s "First Mover" program.\nEther continued its mirroring of BTC this week, falling around 7.1% to trade at around $1,945. The second-largest crypto in market value topped $2,100 on Tuesday after tumbling on Monday along with most other major altcoins. The second largest crypto in market value had been on an upswing in the days following the much-ballyhooed Ethereum Shanghai upgrade, the final step in the platform\'s shift from a proof-of-work to a more energy-efficient proof-of-stake protocol.\nAPT, the token of layer 1 blockchain Aptos, and ARB, the native crypto of layer 2 blockchain Arbitrum, recently plunged about 10% and 13%, respectively. TheCoinDesk Market Index, a measure of the crypto market\'s overall performance, was recently down 6.2%.\nEquity markets traded roughly flat for a second consecutive day, with the tech-heavy Nasdaq Composite rising 0.03% but the S&P 500, which has a strong technology component, dropping 0.01%. Investors have continued to digest unexpectedly strong first-quarter earnings from the financial services sector, although a number of regional banks have yet to report. Their results will offer additional clarity on the banking sector\'s health.\nIn an email to CoinDesk, Markus Levin, co-founder of XYO Network, a cryptography-backed oracle network that anonymously collects and certifies data with a geographic component, noted "a tremendous amount of anxiety in the market right now, particularly when it comes to macroeconomic conditions."\n"The U.K.’s higher-than-expected inflation numbers seem to be hitting a bit too close to home, both in the U.S. and in other countries where monetary policy is tightening and fears of a recession are growing," Levin wrote. "It seems as though all these macroeconomic concerns may finally be catching up with bitcoin."\nHe added that after bitcoin\'s strong gains in recent weeks, "it\'s not surprising to see consolidation. Crypto markets have always been particularly susceptible to price fluctuations, so none of this should be cause for panic.”\nThere are no gainers in CoinDesk 20 today.\n[{"Asset": "Avalanche", "Ticker": "AVAX", "Returns": "\\u22129.2%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Terra", "Ticker": "LUNA", "Returns": "\\u22129.0%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Decentraland", "Ticker": "MANA", "Returns": "\\u22128.6%", "DACS Sector": "Entertainment"}]\nWeb3 Lacks Good Games\nFor all the billions in market share that Web3 gaming and the metaverse command, there’s one thing missing: a good game.\nThe traditional gaming world has tentpole franchises that haven’t made in revenue over their lifespan what some Web3 games are worth. Yet. you can find plenty of people that have played a chapter of Grand Theft Auto, Halo, or have joined a multiplayer skirmish in PUBG or Call of Duty.\nSome of these games are memes-of-the-moment; PUBG seemed omnipresent in 2017-2018 with its fast-paced mobile-friendly action but is not so big anymore.\nBut it\'s likely harder to find someone that’s done the same for a Web3 game. Mention PUBG around gamers and most will know it. Can the same be said about a Web3 game? In a report from last week, DappRadar argued thatAsia is going to dominate Web3 gaming. It bases this response on a survey where 48.6% of respondents said that blockchain games “seem interesting.”\nBut what about after they give them a try? Are they still interesting?\nSquare Enix thinks there’s a market. The studio behind the Final Fantasy game franchise, which is as close to the holy canon as it gets for gamers,is apparently bullish on the vertical, having recently unveiled atrailer for its first web3 game.\nIts fans, though, aren’t as sold.\nSome of the highest-rated comments in response to the video are overwhelmingly negative.\n“How do I dislike a video more than once,” said J Miki. “With this rate, the next Final Fantasy will be the final fantasy,” added another.\n9:15 a.m. HKT/SGT(1:15 UTC)People\'s Bank of China Interest Rate Decision\n11:30 p.m. HKT/SGT(15:30 UTC)Bank of Canada\'s Governor Macklem Speech\n7:30 a.m. HKT/SGT(23:30 UTC)Japan National Consumer Price Index (YoY/March)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBitcoin Drops Below $30K in Sudden Sell-Off; SEC Chair Gensler Declines to Say if Ether Is a Security\nBitcoin dropped more than 3% in just 15 minutes in European morning hours, starting a slide that sent BTC as low as $29,045.22.Forex.comglobal head of research Matt Weller joined "First Mover" to discuss. Plus, reaction to Tuesday\'s exchange between House Financial Services Committee Chairman Patrick McHenry and SEC Chairman Gary Gensler, who repeatedly declined to answer the congressman\'s question on whether ether (ETH) is a security. Former SEC senior trial counsel Howard Fischer and Linklaters U.S. head of blockchain and digital assets Joshua Ashley Klayman discussed. Blockdaemon CEO Konstantin Richter and Scroll Co-founder Sandy Peng also joined "First Mover."\nCoinDesk Winds Down Ethereum Validator ‘Zelda,’ and We Now Wait to Get Money Back:Following last week\'s milestone Shanghai upgrade, we moved to wind down CoinDesk\'s Ethereum validator project, but it could be a week before the 32 ETH we staked (about $67,000 worth) hits our wallet. C. Spencer Beggs, our director of engineering, breaks down the technical steps he\'s taken.\nInstitutions Flock to Ether After Shapella Upgrade:Open interest in CME futures has risen to the highest level since March 2022, indicating an influx of institutional traders to the crypto market.\nHong Kong Court Declares Crypto as Property in Case Involving Defunct Gatecoin:The ruling would give Hong Kong liquidators more clarity on how to treat crypto assets caught up in winding down procedures, law firm Hogan Lovells said.\nCrypto Wealth Manager Onramp Taps CoinDesk Indices to Create Customized Portfolios:The partnership will provide advisers with a wider range of options for shaping successful portfolios.\nRussia Plans to Mine Crypto for Cross-Border Deals, Says Central Bank:International sanctions have been imposed on the country to exclude it from the U.S. dollar-powered global payment infrastructure.', 'Join the most important conversation in crypto and web3! Secure your seat today Good morning. Here’s what’s happening: Prices: Bitcoin lost the mojo it regained on Tuesday, dropping below $29K; ether fell toward $1.9K. Insights: Valuations for some Web3 games are higher than the lifetime revenue of some successful, traditional gaming companies, and yet Web3 doesn\'t have many games that make players enthusiastic. Prices CoinDesk Market Index (CMI) 1,250 −73.5 ▼ 5.6% Bitcoin (BTC) $28,936 −1387.4 ▼ 4.6% Ethereum (ETH) $1,948 −149.8 ▼ 7.1% S&P 500 4,154.52 −0.4 ▼ 0.0% Gold $2,007 −0.4 ▼ 0.0% Nikkei 225 28,606.76 −52.1 ▼ 0.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,250 −73.5 ▼ 5.6% Bitcoin (BTC) $28,936 −1387.4 ▼ 4.6% Ethereum (ETH) $1,948 −149.8 ▼ 7.1% S&P 500 4,154.52 −0.4 ▼ 0.0% Gold $2,007 −0.4 ▼ 0.0% Nikkei 225 28,606.76 −52.1 ▼ 0.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin\'s Wednesday Swoon What happened to bitcoin\'s Tuesday mojo? The largest cryptocurrency by market capitalization tripped early Wednesday, falling first below $30,000 for the second time in three days, and hours later, below $29,000 for the first time in more than a week. BTC was recently trading at about $28,930, down about 4.6% from Tuesday, same time, and far from its heights last week when a moderately encouraging consumer price index (CPI) and renewed investor optimism buoyed markets. Investors\' mood soured on Wednesday **Last 60 Days of Bitcoin's Closing Prices:** [24327.64, 24829.15, 24436.35, 24188.84, 23947.49, 23198.13, 23175.38, 23561.21, 23522.87, 23147.35, 23646.55, 23475.47, 22362.68, 22353.35, 22435.51, 22429.76, 22219.77, 21718.08, 20363.02, 20187.24, 20632.41, 22163.95, 24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-04-20 **Financial & Commodity Data:** - Gold Closing Price: $2007.60 - Crude Oil Closing Price: $77.29 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $561,345,592,500 - Hash Rate: 319313867.4340018 - Transaction Count: 296683.0 - Unique Addresses: 675813.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.52 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Join the most important conversation in crypto and web3! Secure your seat today Developers behind the Optimism-based lending platform Kokomo Finance seemed to have conducted an exit scam over the weekend after manipulating tokens on the protocol to effectively steal $4 million in user funds. An exit scam is said to occur when developers or promoters of a crypto project seem to market a legitimate-looking project to investors, only to pull liquidity and erase their online or offline presence once a sizable amount of money has been attracted to that project. Launched on Saturday, Kokomo Finance allowed users to trade, borrow and lend wrapped bitcoin (WBTC), ether (ETH), tether (USDT), USD coin (USDC) and dai (DAI). It quickly gained favor among Optimism users. On Sunday night, Kokomo developers deployed an attack contract cBTC from the main address of KOKO, Kokomo’s native tokens. They then set the reward speed, paused a borrow feature and created a malicious contract to interact with the rest of the protocol, security firm CertiKsaid. cBTC is a wrapped bitcoin derivative issued on the Ethereum network. The issuance of the token was ultimately used to trick the protocol into falsely believing it had more liquidity when there was none. Another developer address was then used to maliciously approve a transfer of spending more than 7,000 sonne wrapped bitcoins, another bitcoin derivative token on Ethereum. Those tokens were then used to swap all user-supplied liquidity to Kokomo, amounting to over $4 million. Social-media accounts and the Kokomo website were quickly deleted in the following and were inaccessible during Asian morning hours. Meanwhile, KOKO tokens fell 97%, wiping nearly all value for holders. The exit scam was the latest in line of a number of growing attacks and exploits in the crypto market. Earlier this month, Euler Finance, another lending platform,was exploitedfor $200 million.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Join the most important conversation in crypto and web3! Secure your seat today\nGood morning. Here’s what’s happening:\nPrices:Bitcoin continued its two-day swoon, dropping below $28K at one point. The head of research at Canadian crypto asset manager 3iQ linked its decline to U.S. regulatory woes and also noted that "market liquidity remains heavily tilted to Asia."\nInsights:With MiCA and a separate crypto-related rule, European legislators have built a promising, regulatory foundation for digital assets. U.S. efforts remain disjointed and counterproductive, CoinDesk columnist Daniel Kuhn writes in The Node.\nCoinDesk Market Index (CMI)\n1,231\n−17.2▼1.4%\nBitcoin (BTC)\n$28,113\n−777.4▼2.7%\nEthereum (ETH)\n$1,936\n−9.2▼0.5%\nS&P 500\n4,129.79\n−24.7▼0.6%\nGold\n$2,013\n+18.2▲0.9%\nNikkei 225\n28,657.57\n+50.8▲0.2%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,231", "\\u221217.2\\u25bc1.4%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$28,113", "\\u2212777.4\\u25bc2.7%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,936", "\\u22129.2\\u25bc0.5%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,129.79", "\\u221224.7\\u25bc0.6%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,013", "+18.2\\u25b20.9%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["28,657.57", "+50.8\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin Decline Due to U.S. Regulatory Woes\nU.S. crypto regulatory woes have been weighing heavily on bitcoin.\nSo wrote Mark Connors, the head of research at Canadian crypto asset manager 3iQ, in a series of texts discussing BTC\'s stumble from what seemed safe heights above $30,000.\n"The Kabuki theatre that unfolded in Washington this week suggests Asia and other jurisdictions will continue to gain market share from the U.S., Connors wrote to CoinDesk, adding: "Coinbase’s decision to get licensed in Bermuda to launch an exchange as early as next week shows that U.S. digital asset companies are now voting with their feet. So this week we had both price and regulatory volatility, with only one clear loser, the U.S. economy."\nThe largest cryptocurrency by market capitalization was recently trading at about $28,100, down about 2.7% over the past 24 hours. But earlier on Thursday, bitcoin fell briefly to $27,991 on Coinbase, its lowest level since April 9. The decline continued a two-day slump that started early Wednesday amid a hot U.K. inflation report and massive sell-off on Binance. BTC is down about 10% from last week\'s high near $31,000 with investors more fretful than upbeat about crypto assets\' path forward.\nConnors noted that "market liquidity remains heavily tilted to Asia, so he was "not surprised to see bitcoin\'s downswing start as markets in that part of the world closed. "Remember, last May and June dislocations occurred in a similar window," he wrote.\nEther was recently changing hands at about $1,936, off a few fractions of a point and well off its recent, Shanghai upgrade highs above $2,100. Other major cryptos were largely in the red, mostly darker shades. XRP, the token of the XRP open-source public blockchain XRP Ledger, and ARB, the native crypto of the Arbitrum layer 2 blockchain, were both down more than 3.5%. TheCoinDesk Market Index, a measure of crypto markets overall performance, was recently down 1.3%.\nEquity markets fell, albeit not severely, with the tech-focused Nasdaq Composite and S&P 500, which has a strong technology component, off 0.8% and 0.6%, respectively. Gold hovered comfortably over $2,000, suggesting that investor appetites for assets that hold their value in good times and bad remained strong.\nDespite encouraging first-quarter earnings from a number of major banks, investors remain warily watchful, given the decline of a number of important economic indicators that may foreshadow recession. Recent jobs data has indicated a fall-off in the torrid employment market, and on Thursday, the National Association of Realtors monthly report showed home prices registering their biggest decline since 2012 and mortgage rates rising.\nMeanwhile, Connors wrote that "more volatility" was likely in store, "but not the [year-to-date] ‘upside’ volatility we have seen so far in 2023."\n"We may be entering a period of consolidation as U.S. regulation dims hopes and prompts regulatory reboots by many players. Both are counteracting the long running and structural tailwinds for BTC" that the company highlighted in its 2023 outlook.\nThere are no gainers in CoinDesk 20 today.\n[{"Asset": "Dogecoin", "Ticker": "DOGE", "Returns": "\\u22126.3%", "DACS Sector": "Currency"}, {"Asset": "Decentraland", "Ticker": "MANA", "Returns": "\\u22125.0%", "DACS Sector": "Entertainment"}, {"Asset": "Cardano", "Ticker": "ADA", "Returns": "\\u22124.7%", "DACS Sector": "Smart Contract Platform"}]\nWhy the EU Has MiCA and the U.S. Has Securities Law Confusion\nThe European Parliament went ahead and did it: Today, after years of deliberations and at least twoofficial delays, the landmark Markets in Crypto-Assets (MiCA) regulatory framework was voted in. European Union legislators also passed a separate crypto-related rule known as the Transfer of Funds regulation that imposes stronger surveillance and identification requirements for crypto operators, CoinDesk’sJack Schickler reported.\nThe rules were described as a"world first”by the European Commission\'s Mairead McGuinness, and also an “end of the Wild West era for crypto assets," according to Green Party lawmaker Ernest Urtasun. The laws, which will be enforced at the state-level, still need to be officially approved by the supra-governmental body called the EU Council, are just about cleared to take effect next year. (The Council’s approval is more of a formality at this point, considering it already approved the text of the law last year.)\nThis article is excerpted from The Node, CoinDesk\'s daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the fullnewsletter here.\nFor many, MiCA represents a crucial step forward for the crypto industry. It’s the first major attempt to provide a comprehensive set of rules for crypto companies so they know in advance what they can and cannot do and where their responsibilities lie if they want to operate in the 27-nation strong trading bloc. The European Unionhopes it sets the global standard(and, in some sense, is worried about MiCA’s effectiveness in the EU if similar rules are not adopted everywhere).\nCoinDeskhaswrittena numberof overviewsof the legal framework. But. in short, MiCA requires crypto firms – like wallet providers and exchanges – to be licensed by the EU, and comply with money laundering and terrorism finance safeguards if they want to serve EU-based customers. Some have balked at the reporting standards, which will undoubtedly weaken privacy for crypto users in the name of customer safety and national security.\nRead the full storyhere:\n3:30 p.m. HKT/SGT(7:30 UTC)Germany S&P Global/BME Composite PMI (April)\n4:30 p.m. HKT/SGT(8:30 UTC)United Kingdom S&P Global/CIPS Services PMI (April)\n8:30 p.m. HKT/SGT(12:30 UTC)Canada Retail Sales (MoM/Feb)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nEU Vote Finalizes Agreement on Landmark MiCA Regulation; Bitcoin Falls Again\nLawmakers in the European Union on Thursday voted 517-38 in favor of a new crypto licensing regime, MiCA, with 18 abstentions, making it the first major jurisdiction in the world to introduce a comprehensive crypto law. Bitstamp Chief Operating Officer John Ehlers joined the conversation. This came as bitcoin (BTC) fell for a second straight day, touching a 10-day low. Options Insights founder Imran Lakha shared his crypto markets analysis. And, Lukso co-founder Marjorie Hernandez discussed why the layer 1 blockchain for creative types is opening a smart contract that lets original validators participate in running the blockchain.\nNFT Marketplaces Sales, Users Drop to Lows Not Seen Since 2021, Dune Data Shows:According to multiple dashboards compiled by researchers on analytics platform Dune, OpenSea and Blur are experiencing notable losses in both daily users and sales.\nCrypto Lending Protocol MakerDAO Approves Transferring a Maximum of $500M in USDC to Coinbase Custody for 2.6% Yield:The maneuver is part of MakerDAO’s earlier decision to move up to $1.6 billion of USDC stablecoins to Coinbase’s custody arm.\nBitcoin\'s Move Below 20-DMA Possible Short-Term Bearish Signal, Analysts Say:The world’s largest cryptocurrency by market value traded at a 10-day low and slipped below the 20-day moving average.\nDeFi-Focused Layer 1 Berachain Raises $42M Series A at $420.69M Valuation:The round was led by Polychain Capital and included participation from venture capital firms Hack VC, dao5, Tribe Capital, Shima Capital, CitizenX and Robot Ventures.\nTornado Cash Developer Pertsev Can Be Freed Pending Trial, Dutch Court Rules:Alexey Pertsev has been in a Dutch jail since August after U.S. authorities sanctioned the privacy protocol.', 'Join the most important conversation in crypto and web3! Secure your seat today Good morning. Here’s what’s happening: Prices: Bitcoin continued its two-day swoon, dropping below $28K at one point. The head of research at Canadian crypto asset manager 3iQ linked its decline to U.S. regulatory woes and also noted that "market liquidity remains heavily tilted to Asia." Insights: With MiCA and a separate crypto-related rule, European legislators have built a promising, regulatory foundation for digital assets. U.S. efforts remain disjointed and counterproductive, CoinDesk columnist Daniel Kuhn writes in The Node. Prices CoinDesk Market Index (CMI) 1,231 −17.2 ▼ 1.4% Bitcoin (BTC) $28,113 −777.4 ▼ 2.7% Ethereum (ETH) $1,936 −9.2 ▼ 0.5% S&P 500 4,129.79 −24.7 ▼ 0.6% Gold $2,013 +18.2 ▲ 0.9% Nikkei 2 **Last 60 Days of Bitcoin's Closing Prices:** [24829.15, 24436.35, 24188.84, 23947.49, 23198.13, 23175.38, 23561.21, 23522.87, 23147.35, 23646.55, 23475.47, 22362.68, 22353.35, 22435.51, 22429.76, 22219.77, 21718.08, 20363.02, 20187.24, 20632.41, 22163.95, 24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-04-21 **Financial & Commodity Data:** - Gold Closing Price: $1979.50 - Crude Oil Closing Price: $77.87 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $542,731,572,594 - Hash Rate: 351118490.9644334 - Transaction Count: 352218.0 - Unique Addresses: 771581.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.50 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Epazz, Inc. Epazz, Inc. ZenaDrone 1000 CHICAGO, IL, March 01, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Epazz Inc. (OTC: EPAZ), a mission-critical provider of drone technology, blockchain mobile apps and cloud-based business software solutions, announced today that the US Air Force invited ZenaDrone to showcase the ZenaDrone 1000 at an air base in California on March 16 and 17. This will be ZenaDrone’s first visit to a military base to interact with personnel and gain insight into our drone technology’s potential use in the Air Force. ZenaDrone has been focusing on getting U.S. government contracts for its ZenaDrone 1000.  It has submitted Phase 1 SBIR contracts and is working on securing partnerships for Phase 2. CEO Shaun Passley, Ph.D., said, “ We are excited to be invited to the U.S. Air Force air base in order to showcase our drone technology and meet with military personnel to understand how our drone can be used in the Air Force.” The U.S. government is pushing initiatives to obtain made-in-America drones through its BlueUAS program. ZenaDrone is currently in the process of applying for BlueUAS, and the list is very short. ZenaDrone Inc. is a provider of a multifunctional unmanned aerial vehicle equipped with machine learning systems, multispectral sensors and AI technology. ZenaDrone uses the data its cameras capture to create a 3D interactive environment. The ZenaDrone team will use predictive AI analytics — or predictive modeling — a type of analysis that employs methods and resources to create predictive models and make forecasts of future outcomes based on acquired data. Techniques used in predictive analytics include machine learning algorithms, sophisticated mathematics, statistical modeling, descriptive analytics and data mining. Predictive analytics refers to a method rather than a specific technology. Epazz Holdings will prioritize developing the ZenaDrone 1000 by upgrading its AI technology to increase its global reach across industries. Story continues About ZenaDrone Inc. ( https://www.zenadrone.com/ ) ZenaDrone Inc. is a provider of a multifunctional unmanned aerial vehicle equipped with machine learning systems, multispectral sensors and AI technology. ZenaDrone uses the data its cameras capture to create a 3D interactive environment. About Epazz Inc. ( https://www.epazz.com/ ) Epazz Inc. specializes in enterprise cloud business process software, metaverse solutions, drone technology and blockchain mobile apps and has over 500 repeat customers. Epazz acquired DeskFlex in 2008. DeskFlex is a desk- and room-booking software company that has been in business since 1997. DeskFlex is developing a metaverse virtual office and has added social distancing features and contact tracing technology to its system to help organizations bring employees back to the office and create new hybrid work environments ( https://www.deskflex.com/DeskFlex-Safety-Operation-after-COVID-19-Pandemic). Epazz technology makes it easy to convert legacy systems into cloud business process software, for which the company then charges an annual subscription fee. Epazz has acquired 11 software companies that have converted or are in the process of converting their legacy software products to cloud software using Epazz’s technology. Epazz then markets the new cloud-based solutions to new and existing customers. Epazz spun off a ZenaPay Inc. 2018 New Bitcoin Mobile app is a financial technology company that offers a unique Bitcoin and Ethereum payment mobile app software allowing consumers to acquire Bitcoin at the point of sale. SAFE HARBOR This is the safe harbor statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained in this press release are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can generally be identified by the use of forward-looking statements such as “may,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “continue” (or the negatives thereof) or similar terminology. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results or those implied by such forward-looking statements. Investors are cautioned that any forward-looking statement is not a guarantee of future performance and that actual results may differ materially from those contemplated by such forward-looking statements. Epazz Inc. assumes no obligation and has no intention of updating these forward-looking statements, and it has no obligation to update or correct information prepared by third parties that are not paid for by Epazz Inc. Investors are encouraged to review Epazz Inc.’s public filings on SEC.gov and otcmarkets.com, including its unaudited and audited financial statements and its OTC market filings, which contain general business information about the company’s operations, results of operations and risks associated with the company and its operations. Contact Investor Relations [email protected] 312-955-8161 https://www.epazz.com/ Attachment Epazz, Inc.... - Reddit Posts (Sample): [['u/Curious-Phi', 'Cathie Wood projects $2000 per share for TSLA and $1Million for BTC.', 42, '2023-04-21 02:29', 'https://www.reddit.com/r/TSLA/comments/12tkihp/cathie_wood_projects_2000_per_share_for_tsla_and/', 'Where will this money me from?', 'https://www.reddit.com/r/TSLA/comments/12tkihp/cathie_wood_projects_2000_per_share_for_tsla_and/', '12tkihp', [['u/radoslaf', 17, '2023-04-21 03:35', 'https://www.reddit.com/r/TSLA/comments/12tkihp/cathie_wood_projects_2000_per_share_for_tsla_and/jh3amti/', 'Her spider senses can only rival Cramer', '12tkihp'], ['u/VegasVator', 15, '2023-04-21 05:05', 'https://www.reddit.com/r/TSLA/comments/12tkihp/cathie_wood_projects_2000_per_share_for_tsla_and/jh3ltfc/', "I'm projecting TSLA to $420 per share and 69million for BTC. Who cares what Cathie Woods or I fart out our mouths.", '12tkihp'], ['u/SnooWoofers7345', 12, '2023-04-21 07:23', 'https://www.reddit.com/r/TSLA/comments/12tkihp/cathie_wood_projects_2000_per_share_for_tsla_and/jh3zxhs/', 'Everyone loved her 2019/2020. Its easy to hate on bulls in a bear market.', '12tkihp']]], ['u/Sylerb', "During market dips, you shouldn't be paying alts that dump, but those that are still hoding up against btc", 12, '2023-04-21 04:06', 'https://www.reddit.com/r/CryptoCurrency/comments/12tmzhs/during_market_dips_you_shouldnt_be_paying_alts/', 'Many people in the space like to brag about buying the market dips, or buying X coin at 30% or more discount as if this is a supermarket lol. I get that sometimes these are mere jokes, but I would like to explain it to newbies who might get fooled by it.\n\nBasically, whenever btc dips( like it is doing now), you should buy alts that show strength relative to btc and don\'t dip as hard as other alts do, because those alts are the ones that are going to pump the hardest after that dip, unless their fundamentals go wrong( which is a risk you are taking by investing in any alt anyways).\n\nYou can compare the alt performance by using the alt/btc chart on TradingView or Coinmarketcap.. \n\nNow to explain why: first, that alt didn\'t dip as hard because its holders aren\'t willing to sell, which is already a good sign because it shows the strength of the alt\'s community. Second, it can mean that the alt has so much buy pressure for that alt that it outperforms btc and its dominance, which again is a bullish sign.\n\n Finally, crypto investors (or at least the not-so-degen ones) will buy that alt that is holding up against btc because they agree with this perspective, or simply because they see that alt as a safer coin to hold than the other alts given that it didn\'t crash as much. \n\nAs always, this is not financial advice.\n\nEdit: sorry for the typos in the title, I meant "buying alts" and "holding up".', 'https://www.reddit.com/r/CryptoCurrency/comments/12tmzhs/during_market_dips_you_shouldnt_be_paying_alts/', '12tmzhs', [['u/stupidcupid112', 10, '2023-04-21 04:11', 'https://www.reddit.com/r/CryptoCurrency/comments/12tmzhs/during_market_dips_you_shouldnt_be_paying_alts/jh3fcfr/', 'You forgot "This is not Financial Advice"', '12tmzhs'], ['u/FattestLion', 14, '2023-04-21 04:26', 'https://www.reddit.com/r/CryptoCurrency/comments/12tmzhs/during_market_dips_you_shouldnt_be_paying_alts/jh3h8bw/', "during market dips it's okay to buy alts. During the market crashes you should probably buy BTC and ETH first, then when those rally significantly start to rotate your BTC and ETH into alts.\n\n​\n\nI did not do this btw I yolo-ed into crashing alts in 2022 so I got rekt. Do as I say don't do as I do lol", '12tmzhs']]], ['u/shiningdialga13', 'My (probably crackpot) thought of a "non-crash" outcome for crypto', 13, '2023-04-21 04:40', 'https://www.reddit.com/r/Buttcoin/comments/12tntt5/my_probably_crackpot_thought_of_a_noncrash/', 'Not sure why this came to mind today, but as I\'ve been watching this whole Tether-Buttcoin spiral go on, I was thinking... Maybe this doesn\'t end in a spectacular crash. \n\nIf the USA, EU and other major countries crack down on stablecoins, they\'ll just move their operations to Russia and other sanction-dodging countries that would love a way to launder money. And them Tether just keeps minting and buying majority of BTC, keeps wash trading and keeps the price artificially high. Line keeps going up, but it doesn\'t even matter because there\'s no way to cash out and the only people left are the criminals and the delusional "hodlrs" hoping they\'ll have their Lambo someday. A self-contained crypto hell that becomes irrelevant to the rest of the world.\n\nThought in this? It seems logical to me but I don\'t know enough to say whether it\'s realistic or not.', 'https://www.reddit.com/r/Buttcoin/comments/12tntt5/my_probably_crackpot_thought_of_a_noncrash/', '12tntt5', [['u/robot_slave', 36, '2023-04-21 05:02', 'https://www.reddit.com/r/Buttcoin/comments/12tntt5/my_probably_crackpot_thought_of_a_noncrash/jh3lgjp/', "Real money has to keep exiting the system, to keep the miners' lights on.\n\nWhich means real money has to keep entering the system, too-- a bit-coin/tether merry-go-round isn't enough.\n\nThe miners need the money-launderers and ransomware victims to supply new real money, and they all need broker/dealers and exchanges to trade real money for tokens.", '12tntt5'], ['u/DKMuppy', 12, '2023-04-21 05:03', 'https://www.reddit.com/r/Buttcoin/comments/12tntt5/my_probably_crackpot_thought_of_a_noncrash/jh3lmzo/', "That's the million dollar question: will BTC experience a sudden death or a slow death. It's very possible that the Ponzi could last years before folks start trying to cash in on their BTC. Just look at Bernie Madoff.\n\nI'm convinced that it's going to be corporate greed by Tether or Binance that will push the bubble too far and catalyze a collapse. If you're Tether there is absolutely no incentive to stop printing endless amounts of money for yourself when there's no regulation or oversight to stop you. They've already printed $80 billion dollars, would not be surprised if they break $100 billion by the beginning of fall. It's just too profitable.", '12tntt5'], ['u/MammothReputation633', 10, '2023-04-21 10:05', 'https://www.reddit.com/r/Buttcoin/comments/12tntt5/my_probably_crackpot_thought_of_a_noncrash/jh4c2b6/', 'That’s a very clean way of looking at things. The miners are being paid to provide a service to the money launderers, who are will to put money into the system because it supports their profitable criminal enterprises. Everyone else is just a day trader being tricked to put money into the system but with no benefit coming in return.', '12tntt5']]], ['u/Potential-Coat-7233', 'Bitcoin by the math', 70, '2023-04-21 05:16', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/', 'The turning point for me in regards to crypto was when I heard Bitcoin could only handle 7 transactions per second. Yes there is lightning network, but the 7 tps is a major problem.\n\nIf you do the math, 7 transactions per second times 60 (seconds in a minute) times 60 (minutes in an hour) times 24 (hours in a day) times 365 days in a year, you get 220 million transactions in a year.\n\nThis may seem like a lot, but that number means if mass adoption happens, and 500 million people have Bitcoin, less than half of those people can have a transaction in a year.\n\nLightning doesn’t even truly solve this, since to open a lightning channel (and close it) you need a transaction. So again, if 500 million have bitcoin, only half of them can open or close a channel in a year.\n\nIt’s just so shitty.', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/', '12tookv', [['u/robot_slave', 59, '2023-04-21 05:22', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/jh3nutq/', "Pretty well-known math, on this message-board at least. A reminder doesn't hurt, I suppose.", '12tookv'], ['u/iStayedAtaHolidayInn', 31, '2023-04-21 05:46', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/jh3qh9r/', 'Few', '12tookv'], ['u/stormdelta', 45, '2023-04-21 06:15', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/jh3tffl/', "In addition, any transactions made through a Lightning channel aren't actually settled until the channel is closed - which requires _another_ bitcoin transaction.\n\nAlso, net liquidity is limited to what you committed when opening the channel.", '12tookv'], ['u/NextRecipe', 49, '2023-04-21 06:24', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/jh3ue6a/', 'transactions', '12tookv'], ['u/dmis4dungeonmaster', 24, '2023-04-21 07:29', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/jh40etd/', 'For BTC itself, there are hundreds of Miners attempting to verify the same transaction - and there’s only one winner in that race, so the energy spent attempting to verify a single transaction is lost.', '12tookv'], ['u/Legal-Mammoth-8601', 19, '2023-04-21 09:21', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/jh492o2/', "More math: Operating the bitcoin network is very expensive. How expensive? A single bitcoin transaction costs $44.64.\n\n(1 block / 10 minutes) x (6.25 bitcoin / 1 block [miner payout]) x ($30,000 / 1 bitcoin) x (1 min / 60 sec) x (1 sec / 7 transactions) = $44.64/transaction\n\nThis is $27 million / day, or $9.9 billion / year, which is pretty close to visa's operating expenses of $11 billion / year.", '12tookv'], ['u/viking_nomad', 15, '2023-04-21 10:07', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/jh4c6xo/', 'Indeed. I support everyone who does their own [math]', '12tookv'], ['u/Schnitzel-1', 10, '2023-04-21 10:15', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/jh4cpg3/', 'So the point is to store it until it moons and then sell it. Or am I missing a point here? You just hope there are enough people that buy it after you bought it so the... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Traders work on the floor of the New York Stock Exchange Michael M. Santiago/Getty Images US stock indices rose Friday as investors digested mixed earnings reports. However, all three major gauges closed the week in the red. Alphabet and Amazon are on deck to report quarterly results next week. US stocks closed slightly higher on Friday as traders assessed more corporate earnings results, but all three major indices finished the week in negative territory. The Nasdaq lost 0.3% for the week, and the Dow dipped 0.2% to snap a four-week winning streak. The S&P 500 ticked down less than 0.1% for the week. According to FactSet, more than 75% of S&P 500 companies that have reported so far have exceeded analysts' earnings expectations. Mega-cap tech like Alphabet and Amazon are on deck for next week's quarterly results. Here's where US indexes stood at the 4:00 p.m. ET close on Friday: S&P 500 : 4,133.52, up 0.09% Dow Jones Industrial Average : 33,808.96, up 0.07% (22.34 points) Nasdaq Composite : 12,072.46, up 0.11% Here's what else happened today: In an exclusive interview with Insider, economist Mohamed El-Erian explained the credit squeeze threatening the US economy, along with risks of more interest rate hikes. US money-market funds saw their assets drop for the first time since last month, according to Bloomberg. The Fed has inflation on the ropes, former Treasury Secretary Larry Summers said, while bemoaning the debt-ceiling fiasco in a new interview. The US economy could be headed towards a credit crunch that would only prolong a recession, according to Citi's chief economist. In commodities, bonds and crypto: West Texas Intermediate crude oil increased 0.49% to $77.75 per barrel. Brent crude , oil's international benchmark, rose 0.59% to $81.58. Gold declined 1.79% to $1,993 per ounce. The yield on the 10-year Treasury rose 2.3 basis points to 3.568%. Bitcoin dropped 3% to $27,255. Read the original article on Business Insider", "• US stock indices rose Friday as investors digested mixed earnings reports.\n• However, all three major gauges closed the week in the red.\n• Alphabet and Amazon are on deck to report quarterly results next week.\nUS stocks closed slightly higher on Friday as traders assessed more corporate earnings results, but all three major indices finished the week in negative territory.\nThe Nasdaq lost 0.3% for the week, and the Dow dipped 0.2% to snap a four-week winning streak. The S&P 500 ticked down less than 0.1% for the week.\nAccording to FactSet, more than 75% of S&P 500 companies that have reported so far have exceeded analysts' earnings expectations. Mega-cap tech like Alphabet and Amazon are on deck for next week's quarterly results.\nHere's where US indexes stood at the 4:00 p.m. ET close on Friday:\n• S&P 500:4,133.52, up 0.09%\n• Dow Jones Industrial Average:33,808.96, up 0.07% (22.34 points)\n• Nasdaq Composite:12,072.46, up 0.11%\nHere's what else happened today:\n• In an exclusive interview withInsider,economist Mohamed El-Erian explained the credit squeeze threatening the US economy, along with risks of more interest rate hikes.\n• US money-market funds saw their assets drop for the first time since last month, according toBloomberg.\n• The Fed has inflation on the ropes,former Treasury Secretary Larry Summers said,while bemoaning the debt-ceiling fiasco in a new interview.\n• The US economy could be headed towards a credit crunch that would only prolong a recession, according toCiti's chief economist.\nIn commodities, bonds and crypto:\n• West Texas Intermediate crudeoil increased 0.49% to $77.75 per barrel.Brent crude, oil's international benchmark, rose 0.59% to $81.58.\n• Golddeclined 1.79% to $1,993 per ounce.\n• The yield on the 10-year Treasury rose 2.3 basis points to 3.568%.\n• Bitcoin dropped 3% to $27,255.\nRead the original article onBusiness Insider", 'Before non-fungible tokens (NFT) came on the scene, the following chart was a fairly good representation of patterns that happened in the industry.\nFiat currency flowed largely through Bitcoin and other large caps before trickling down to mid caps and finally to low caps (also affectionately known as “shitcoins”).\nA couple of things have changed in the past two years, one being the emergence of NFTs as a digital asset class that fits somewhere in the above cycle.\nIt’s my opinion that NFTs, especially PFPs, are a hybrid of an identity solution, a club and a fungible token. There are different sizes by market cap, Bored Ape Yacht Club (BAYC) and Azuki being the large cap of the NFT market, Mfer’s, Nakamigo’s, and Milady’s being the mid caps and then basically the rest making up the small caps. Finally, add to the mix memecoins. They really do not profess to have any utility other than social media posting and having fun!\nFun + memes can now be a digital asset? Yeah. We see this by looking at $DOGE, $SHIBA, and now $PEPE, which reached a $150m market cap in several days. The Milady Maker PFP community is rumored to be behind the $PEPE memecoin emergence.\nMemecoins came back in after the Nakamigos and BAYC communities stagnated and had some large holders leave the community. That, combined with the boredom of retail\xa0crypto\xa0folks, and boom, on the scene comes memecoin season! It took over for a few days this past week with $PEPE, and others which I don’t really want to mention because I’m not sure it will be a long loved meta. But who knows?\nThe Milady Maker’s PFP assets rose this past week as the memecoin meta kicked off.\nThese new digital assets are now throwing more curve balls into the flow, and it’s yet to be seen where they fit in. One thing I know for certain, though, is that when large caps run, they rise fast, sucking all the liquidity from mid-lower caps. When they stop running, the capital flows back to mid-low caps. This pattern can happen across all classes (NFTs, fungible tokens) and also across categories as well (PFPs, Game-FI, fungible tokens, and utility NFTs), which is causing the Web3 scene to seem very chaotic.\nWith these liquidity ebbs and flows causing uncertainty even for the most seasoned traders, it’s clear that new patterns are emerging in the brave new world of NFTs and memecoins.\nNote that the observations presented in this text are not intended as financial advice but rather the insights of an individual who has an interest in recognizing trends and patterns, much like many others in this space.\nTheForkast 500 NFT Indexis down over 2% over the past seven days, reflecting a sharp decline in the NFT market. A new memecoin called $PEPE has been trading at volume, causing high transaction fees on Ethereum. NFT volume, on the other hand, has suffered as traders practice patience, with many waiting for fees to normalize.', 'Before non-fungible tokens (NFT) came on the scene, the following chart was a fairly good representation of patterns that happened in the industry. Bitcoin flow Fiat currency flowed largely through Bitcoin and other large caps before trickling down to mid caps and finally to low caps (also affectionately known as “shitcoins”). A couple of things have changed in the past two years, one being the emergence of NFTs as a digital asset class that fits somewhere in the above cycle. It’s my opinion that NFTs, especially PFPs, are a hybrid of an identity solution, a club and a fungible token. There are different sizes by market cap, Bored Ape Yacht Club (BAYC) and Azuki being the large cap of the NFT market, Mfer’s, Nakamigo’s, and Milady’s being the mid caps and then basically the rest making up the small caps. Finally, add to the mix memecoins. They really do not profess to have any utility other than social media posting and having fun! Fun + memes can now be a digital asset? Yeah. We see this by looking at $DOGE, $SHIBA, and now $PEPE, which reached a $150m market cap in several days. The Milady Maker PFP community is rumored to be behind the $PEPE memecoin emergence. Memecoins came back in after the Nakamigos and BAYC communities stagnated and had some large holders leave the community. That, combined with the boredom of retail\xa0crypto\xa0folks, and boom, on the scene comes memecoin season! It took over for a few days this past week with $PEPE, and others which I don’t really want to mention because I’m not sure it will be a long loved meta. But who knows? The Milady Maker’s PFP assets rose this past week as the memecoin meta kicked off. Milady These new digital assets are now throwing more curve balls into the flow, and it’s yet to be seen where they fit in. One thing I know for certain, though, is that when large caps run, they rise fast, sucking all the liquidity from mid-lower caps. When they stop running, the capital flows back to mid-low caps. This pattern can happen across all classes (NFTs, fungible tokens) and also across categories as well (PFPs, Game-FI, fungible tokens, and utility NFTs), which is causing the Web3 scene to seem very chaotic. Story continues With these liquidity ebbs and flows causing uncertainty even for the most seasoned traders, it’s clear that new patterns are emerging in the brave new world of NFTs and memecoins. Note that the observations presented in this text are not intended as financial advice but rather the insights of an individual who has an interest in recognizing trends and patterns, much like many others in this space. The Forkast 500 NFT Index is down over 2% over the past seven days, reflecting a sharp decline in the NFT market. A new memecoin called $PEPE has been trading at volume, causing high transaction fees on Ethereum. NFT volume, on the other hand, has suffered as traders practice patience, with many waiting for fees to normalize.', 'Cryptocurrencies are a speculative asset class. They come with extreme risk. Therefore, investors need not treat the issue of investing in them lightly. However, the recent surge in the value of some cryptocurrencies has left many investors wondering which cryptos to buy and **Last 60 Days of Bitcoin's Closing Prices:** [24436.35, 24188.84, 23947.49, 23198.13, 23175.38, 23561.21, 23522.87, 23147.35, 23646.55, 23475.47, 22362.68, 22353.35, 22435.51, 22429.76, 22219.77, 21718.08, 20363.02, 20187.24, 20632.41, 22163.95, 24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-04-22 **Financial & Commodity Data:** - Gold Closing Price: $1979.50 - Crude Oil Closing Price: $77.87 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $527,986,670,362 - Hash Rate: 360804518.3013832 - Transaction Count: 354752.0 - Unique Addresses: 652782.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.53 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin was down and Ether was up on Friday morning in Asia, while most top 10 non-stablecoin cryptocurrencies by market capitalization fell. Polygon led losses after its block explorer crashed temporarily. U.S. equities ended Thursday higher despite the latest unemployment claims data coming in lower than expected. See related article: Gate Group set to enter Hong Kong Fast facts Bitcoin fell 1.01% to US$23,945 in the 24 hours to 8 a.m. in Hong Kong, while it gained 1.37% over the past week, according to CoinMarketCap data . Ethereum inched up 0.46% to US$1,650, with a weekly gain of 0.66% over the last seven days. Polygon fell 3.03% to US$1.35 with a weekly loss of 1.24%. Polygonscan , an online tool that allows users to browse Polygon blockchain data, went offline for a couple of hours on Thursday, raising concerns that the Polygon network was shut down. Polygon told crypto media outlet Decrypt that it had experienced no outage, and the issue was caused by a few nodes falling out of sync. The total crypto market capitalization inched 0.05% higher to US$1.09 trillion, while the total trading volume fell by 4.05% over the past 24 hours to US$60.05 billion. U.S. equities finished higher on Thursday, with the Dow Jones Industrial Average adding 0.33%, while the S&P 500 rose by 0.53% and the Nasdaq Composite Index gained 0.72%. Unemployment benefits claims in the U.S. fell by 3,000 last week to 192,000, according to data released by the Department of Labor on Thursday. The number is lower than the 200,000 forecasted by economists polled by Reuters . The unemployment claims data suggests that the Federal Reserve may consider raising interest rates higher than expected due to the persistently tight labor market. Rising unemployment claims is an indicator of cooling inflation. The previous Fed meeting minutes released on Wednesday saw policymakers agreeing to slow down interest rate hikes but warning that the tightening cycle is not yet over. The minutes revealed that some members were pushing for a 50 basis point rise in interest rates at the Fed’s previous meeting, when the central bank instead announced a 25 basis point rate hike to a targeted range of 4.5% to 4.75%, the highest level since October 2007. Analysts at the financial derivatives exchange CME Group predict a roughly 75% chance that the Fed will raise rates by another 25 basis points at the next meeting on March 21. January’s Personal Consumption Expenditures Price Index, another key inflation measure, will be released Friday in the U.S. See related article: SEC accused of ‘back door’ labeling of crypto as securities in Coinbase insider trading case... - Reddit Posts (Sample): [['u/Dalkson', 'A little TA, as a treat.', 24, '2023-04-22 00:01', 'https://www.reddit.com/r/CryptoCurrency/comments/12uk1wt/a_little_ta_as_a_treat/', 'I’m going to preface this with I know a lot of people here dislike TA; However, I have seen a few ask for more of it in the community. I am by no means an expert, but my trades are net green using simple TA with support and resistance lines.\n\nhttps://preview.redd.it/9w3462n58bva1.png?width=2532&format=png&auto=webp&v=enabled&s=9dfc513d5c7fcc5f2139ff8f03d3bc21aea88a80\n\nhttps://preview.redd.it/kk97nry68bva1.png?width=2532&format=png&auto=webp&v=enabled&s=a76145d7cc91144251638f7ebd115eb2b9a323e6\n\nBased off these charts, BTC and ETH have broken support. Considering we have been pumping quite a bit, a pullback is healthy, and it just so happens that the next major support will be a perfect 50% pullback since march 10th.\n\nThese 50% pullbacks are common in trends and happened after the January pump to 24k and 1700 respectively.\n\nI am not saying anyone should sell or short, but I do think that there is a possibility we momentarily revisit these levels. What I do think people should do during the next week or so is prepare to be able to buy this possible dip. \n\n\nEdit: \n\nI should add that hitting 24k would give us this nice support line along the bottom.\n\nhttps://preview.redd.it/qpfx1gejpbva1.png?width=965&format=png&auto=webp&v=enabled&s=edeffd1268e5d8856ee81ed7c78afa8383f52805', 'https://www.reddit.com/r/CryptoCurrency/comments/12uk1wt/a_little_ta_as_a_treat/', '12uk1wt', [['u/Calm-Cartographer677', 22, '2023-04-22 00:03', 'https://www.reddit.com/r/CryptoCurrency/comments/12uk1wt/a_little_ta_as_a_treat/jh77kbo/', 'I love a bit of astrology in the evening, thanks OP!', '12uk1wt']]], ['u/spookmann', 'NOTE: Bitcoin dropping 10% in a week is not particularly newsworthy.', 465, '2023-04-22 00:55', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/', 'And frankly, that should scare the crap out of anybody who is HODLing bags of bitcoin.', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/', '12ulo2k', [['u/therobotisjames', 103, '2023-04-22 01:01', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7ew0c/', 'Computer money go down! No!!!', '12ulo2k'], ['u/grauenwolf', 106, '2023-04-22 01:41', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7jtqd/', "Bitcoin going up was good news to report on during the plague.\n\nWith all of the bad news these days, reporters don't need filler content like Bitcoin crashing (again).\n\nAnd I agree, that's bad for Bitcoin.", '12ulo2k'], ['u/decaf_flat_white', 63, '2023-04-22 01:43', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7k4vx/', 'Steady lads, CZ’s wash trading bot army just suffered a small technical fault. Just got to page some poor IT sap who’s getting paid in imaginary internet money to fix it over the weekend.\n\nNothing to see here. Go back to being poor everyone.', '12ulo2k'], ['u/greyenlightenment', 21, '2023-04-22 02:07', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7n4n1/', 'Yeah this is why ppl got to chill when the price goes up. it falls way faster and more than it goes up. long term trend: zero.', '12ulo2k'], ['u/greyenlightenment', 48, '2023-04-22 02:09', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7nclr/', 'funny how bitcoin losses are always measured in dollars', '12ulo2k'], ['u/robot_slave', 11, '2023-04-22 02:17', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7obkk/', "OK, fine, piss on my campfire.\n\nI'm a sicko, and I'm going relish my Line Go Down even if it does only last fifteen minutes.", '12ulo2k'], ['u/poobly', 10, '2023-04-22 02:39', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7r11k/', 'You know we’re laughing at you, right?', '12ulo2k'], ['u/Short_Syllabub_303', 20, '2023-04-22 02:43', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7rh5q/', 'When a cryptobro unironically uses the mantras in our sub and we upvote by mistake 😂', '12ulo2k'], ['u/Opcn', 12, '2023-04-22 02:52', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7sjqp/', 'One bag will always equal one bag. Hodl!', '12ulo2k'], ['u/Potential-Coat-7233', 22, '2023-04-22 03:33', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7xj8z/', 'Price doesn’t matter, abysmal adoption rates does.\n\nThis shit is hilarious in up and down markets.', '12ulo2k'], ['u/biffbobfred', 16, '2023-04-22 03:46', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7z6ru/', 'Abysmal adoption rates help price stability. If there’s no actual usage flow then the market manipulation flow can be smaller', '12ulo2k'], ['u/barsoapguy', 45, '2023-04-22 04:18', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh82w40/', 'BeczuE bro, we do our own due diligence.\n\nThe vast majority of us are quite smart here.', '12ulo2k'], ['u/InsightTussle', 28, '2023-04-22 04:18', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh82wat/', 'Is that why tether printed another billion?', '12ulo2k'], ['u/Way-Reasonable', 74, '2023-04-22 04:26', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh83uwn/', "10% just doesn't do it for me anymore...I need bigger losses to trigger my dopamine", '12ulo2k'], ['u/DukkhaHappens', 30, '2023-04-22 04:27', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh83xbm/', 'Actually the Bitcoin price drop is signaling an upcoming moonshot. So it’s good for Bitcoin. 😂', '12ulo2k'], ['u/Gildan_Bladeborn', 13, '2023-04-22 05:03', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh88262/', 'Tree fiddy.', '12ulo2k'], ['u/therobotisjames', 29, '2023-04-22 05:45', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8cnfs/', 'Computer money should be measured in bytes.', '12ulo2k'], ['u/ThePhysicistIsIn', 19, '2023-04-22 05:56', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8dqnr/', 'Basically yeah, we read about crypto a lot', '12ulo2k'], ['u/PatchworkFlames', 12, '2023-04-22 06:30', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8h5ta/', '50% down and 100% up are equivalently big changes in asset value. Percentage decrease inherently has a bigger effect of the value of assets as the same percentage increase.', '12ulo2k'], ['u/[deleted]', 32, '2023-04-22 06:31', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8h9z7/', ">Do u just read about crypto a lot or sumn?\n\nThis is a sub for making fun of crypto morons. Why would people who don't know anything about crypto follow it?", '12ulo2k'], ['u/MrBirdHorner', 21, '2023-04-22 07:12', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8kwur/', 'It might surprise you to discover that the more one understands crypto and crypto markets, the less one wants anything to do with either', '12ulo2k'], ['u/Mongorize', 17, '2023-04-22 07:18', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8lej3/', "Christ - You really are a complete idiot, aren't ya?", '12ulo2k'], ['u/frivol', 22, '2023-04-22 08:00', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8orjw/', 'So a basket of drugs and ransom?', '12ulo2k'], ['u/entered_bubble_50', 16, '2023-04-22 08:26', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8qrtz/', 'Bro, Binance accounts for >80% of bitcoin transactions. They claim 11 trillion dollars in transactions per 24 hours. They are crypto. Everyone else is a rounding error.', '12ulo2k'], ['u/drlogwasoncemine', 10, '2023-04-22 08:38', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8rml0/', "Yeah, tether has to print to cover all the crypto sales. When the price goes up, people are excited and buy Bitcoin. When the price drops, it's cheaper so people buy more Bitcoin.\n\nSee, totally justified if you think about it *taps head*", '12ulo2k'], ['u/JasperJ', 12, '2023-04-22 09:02', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8tcpl/', 'Kilowatthours might be viable.', '12ulo2k'], ['u/entered_bubble_50', 14, '2023-04-22 09:07', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8tq8n/', "Sorry, you're right, it's 11 billion not trillion. \n\nThe interest comes from the fact that this is the biggest scam of all time, by far, and it's collapsing around us in real time. It's just interesting.", '12ulo2k'], ['u/JasperJ', 13, '2023-04-22 09:08', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8trkx/', 'Your idiocy is more along the lines of your deliberately misspelled folksy bonhomie.', '12ulo2k'], ['u/therobotisjames', 13, '2023-04-22 09:08', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8trqa/', 'Kilowatt bytes divided by computers equals money. Very simple. I don’t understand why people can’t understand this.', '12ulo2k'], ['u/deco19', 11, '2023-04-22 09:14', 'https://www.reddit.com/r/Butt... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Illustration by Mitchell Preffer for Decrypt This week, markets were at the mercy of macroeconomic factors as some at the Fed have indicated another rate hike is due next month. Crypto was also subjected to intense scrutiny by regulators in both the U.S. and EU. Bitcoin and Ethereum led the downturn, with similar seven-day losses of over 10% impacting many leading cryptocurrencies. The U.S. Securities and Exchange Commission’s (SEC) crackdown on crypto made headlines on Monday when the regulator sued yet another big crypto business for alleged failure to comply with securities laws, Seattle-based exchange Bittrex . Delphi Labs’ Gabriel Shapiro was outraged by the agency’s description of the Dash (DASH) token as a security. I just read SEC's case against Bittrex & am floored...more aggressive than could've been imagined and goes directly against Dash's no-premine model, saying DASH is a security despite the fact that the devco is funded by validators out of block rewards... pic.twitter.com/McpZEYTK1O — _gabrielShapir0 (@lex_node) April 17, 2023 On Thursday, The European Parliament passed the Markets in Crypto Assets (MiCA) bill with 517 votes in favor, 38 against, and 18 abstentions. The legislation now gives the bloc’s 27 constituent states a unified approach to crypto. Rebecca Retig, Chief Policy Officer at Polygon Labs, wrote a thread on Monday arguing that the bloc still needed to tweak its data act, which she described as “overbroad” and “ likely unenforceable in decentralized systems.” 1/ 🚨Today @0xPolygonLabs published an open letter to the EU on Art. 30 of the #DataAct , which could have serious consequences for permissionless smart contracts. @Ledger has joined in proposing amendments to narrow Art. 30 to protect decentralized software development. Read 👇 pic.twitter.com/AZHGCm14sQ — Rebecca Rettig (@RebeccaRettig1) April 17, 2023 Institutional Bitcoin whale Michael Saylor complained about all the sats he was receiving on Tuesday. Story continues So @MicroStrategy converted my corporate email address into a #Lightning ⚡️ address and people keep sending me 21 sats...🧡 pic.twitter.com/FHde6RtA6N — Michael Saylor⚡️ (@saylor) April 17, 2023 Crypto lawyer Rodrigo, who tweets under the handle @RSSH273 , tweeted a lengthy legal objection to the sanctioning of crypto privacy mixer Tornado Cash by U.S. authorities. We filed an amicus in the suit that 6 Tornado Cash users brought against the unprecedented sanctions of TC open-source code Our argument is simple: Sanctions only apply to “people” or “entities,” and their “property.” TC fits none of those definitions—it is just open-source code pic.twitter.com/oCKuRpIFyZ — Rodrigo (@RSSH273) April 17, 2023 Coinbase CEO Brian Amstrong flexed his diplomatic muscle in London on Tuesday. Later in the week the exchange announced extensive expansion plans ,\xa0 a maneuver to counteract the increasing assertiveness and aggressiveness of U.S. regulators towards the exchange and industry in recent months. Great meeting today with UK Economic Secretary and City Minister @griffitha . The UK is moving fast on sensible crypto regulation to both drive economic growth AND consumer protection. Excited to keep investing in the UK. 🇬🇧 pic.twitter.com/478PQSLmDe — Brian Armstrong (@brian_armstrong) April 17, 2023 Twitter user @Tayvano_ flagged a multimillion dollar wallet draining operation that has been active since December. For the past 48hrs I've been unwinding a massive wallet draining operation 😳😭 I don't know how big it is but since Dec 2022 it's drained 5000+ ETH and ??? in tokens / NFTs / coins across 11+ chains. Its rekt my friends & OGs who are reasonably secure. No one knows how. pic.twitter.com/MafntG7RkP — Tay 💖 (@tayvano_) April 18, 2023 Republican Tom Emmer’s appearance at a hearing in Washington on the oversight of the SEC made the rounds on Twitter with an eminently quotable soundbite. At the hearing, Emmer grilled SEC chair Gensler and said, “You’ve been an incompetent cop on the beat,” before claiming the SEC chair was pushing American firms into the “hands of the CCP (Chinese Communist Party).” And he’s pushing innovation into the hands of a communist country, the United States’ number one adversary: pic.twitter.com/lE0Q4TuhYa — Tom Emmer (@GOPMajorityWhip) April 18, 2023 Blockchain sleuth @ZachXBT on Wednesday compiled a long list of scams that rapper Soulja Boy has shilled since he got involved in crypto. 1/ In recent weeks influencers have given @souljaboy praise for new NFT projects in hopes of clout. In reality he has been one of the most shameless promoters in the crypto space. In my research I observed 73 promotions & 16 NFT drops done by him. Many of these were scams. pic.twitter.com/8xRDN79S5t — ZachXBT (@zachxbt) April 19, 2023 Do the “hiccups” referred to in writer and lawyer @NYCSouthpaw ’s tweet refer to blanket refusals from mama and papa Bankman-Fried to have their phones compromised in such an intrusive manner? Likely! One of SBF’s bail conditions is his parents have to have cell phones that automatically snap photos of the user every couple minutes, and they’re having some hiccups setting it up. https://t.co/i8NHWcb1qH — southpaw (@nycsouthpaw) April 19, 2023 On Thursday, news hit Twitter that Tornado Cash developer Alex Pertsev, who was arrested by Dutch authorities in August for allegedly facilitating money laundering, is getting released next Wednesday so he can prepare for his trial at home. tornado cash dev alex pertsev reportedly released just now pic.twitter.com/Lg1s01VaRP — banteg (@bantg) April 20, 2023 Gabriel Shapiro that day pitched his idea of a BORG. An abbreviation for “cybernetic organization,” the BORG is a “new middle” between the decentralized and autonomous principles of DAOs and the legal entitlements and compliant structures of traditional business entities. BORGs merge traditional business entities with smart contracts, offering a new path for DAO legal structuring. They are the culmination of years of my thinking on how to bridge meatspace corporate law & the on-chain world. pic.twitter.com/gaME7yXdvh — _gabrielShapir0 (@lex_node) April 20, 2023 Finally, Dogecoin creator turned-nocoiner Billy Markus still thinks crypto is a lunatic’s game. investing in crypto is literally just investing in mental illness which i suppose is on the rise, so… — Shibetoshi Nakamoto (@BillyM2k) April 22, 2023", 'This week, markets were at the mercy ofmacroeconomic factorsas some at the Fed have indicated another rate hike is due next month. Crypto was also subjected to intense scrutiny by regulators in both the U.S. and EU. Bitcoin and Ethereum led the downturn, with similar seven-day losses of over 10% impacting many leading cryptocurrencies.\nThe U.S. Securities and Exchange Commission’s (SEC) crackdown on crypto made headlines on Monday when the regulator sued yet another big crypto business for allegedfailure to complywith securities laws, Seattle-based exchangeBittrex. Delphi Labs’ Gabriel Shapiro was outraged by the agency’s description of the Dash (DASH) token as a security.\nOn Thursday, The European Parliament passed theMarkets in Crypto Assets(MiCA) bill with 517 votes in favor, 38 against, and 18 abstentions. The legislation now gives the bloc’s 27 constituent states a unified approach to crypto. Rebecca Retig, Chief Policy Officer at Polygon Labs, wrote a thread on Monday arguing that the bloc still needed to tweak its data act, which she described as “overbroad” and “likely unenforceablein decentralized systems.”\nInstitutional Bitcoin whale Michael Saylor complained about all the sats he wasreceivingon Tuesday.\nCrypto lawyer Rodrigo, who tweets under the handle@RSSH273, tweeted a lengthy legal objection to the sanctioning of crypto privacy mixer Tornado Cash by U.S. authorities.\nCoinbase CEO Brian Amstrong flexed his diplomatic muscle in London on Tuesday. Later in the week the exchange announced extensiveexpansion plans,\xa0 a maneuver to counteract the increasing assertiveness and aggressiveness of U.S. regulators towards the exchange and industry in recent months.\nTwitter user@Tayvano_flagged a multimillion dollar wallet draining operation that has been active since December.\nRepublican Tom Emmer’s appearance at a hearing in Washington on the oversight of the SEC made the rounds on Twitter with an eminently quotable soundbite. At the hearing, Emmer grilled SEC chair Gensler and said, “You’ve been an incompetent cop on the beat,” before claiming the SEC chair was pushing American firms into the “handsof the CCP(Chinese Communist Party).”\nBlockchain sleuth@ZachXBTon Wednesday compiled a long list of scams that rapper Soulja Boy has shilled since he got involved in crypto.\nDo the “hiccups” referred to in writer and lawyer@NYCSouthpaw’s tweet refer to blanket refusals from mama and papa Bankman-Fried to have theirphones compromisedin such an intrusive manner? Likely!\nOn Thursday, news hit Twitter that Tornado Cash developer Alex Pertsev, who was arrested by Dutch authorities in August for allegedly facilitating money laundering, isgetting releasednext Wednesday so he can prepare for his trial at home.\nGabriel Shapiro that day pitched his idea of a BORG. An abbreviation for “cybernetic organization,” the BORG is a “new middle” between the decentralized and autonomous principles of DAOs and the legal entitlements and compliant structures of traditional business entities.\nFinally, Dogecoin creator turned-nocoiner Billy Markus still thinks crypto is a lunatic’s game.', "Decentralization may be core to crypto\x92s DNA, but the same cannot be said about people\x92s preferences when engaging with digital assets, said Arthur Hayes. The distribution of decision-making and control is an essential component of Satoshi Nakamoto\x92s vision for Bitcoin in 2008, well before the dawn of the digital assets industry. But Hayes, the former CEO of cryptocurrency exchange BitMEX, suggested this central tenet isn\x92t important to the masses **Last 60 Days of Bitcoin's Closing Prices:** [24188.84, 23947.49, 23198.13, 23175.38, 23561.21, 23522.87, 23147.35, 23646.55, 23475.47, 22362.68, 22353.35, 22435.51, 22429.76, 22219.77, 21718.08, 20363.02, 20187.24, 20632.41, 22163.95, 24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-04-23 **Financial & Commodity Data:** - Gold Closing Price: $1979.50 - Crude Oil Closing Price: $77.87 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $533,099,142,950 - Hash Rate: 355961504.6329083 - Transaction Count: 432760.0 - Unique Addresses: 604273.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.56 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Year to date, Bitcoin ( BTC-USD ) is up about 40%. And hopefully, this rally marks the end of an extended crypto winter for coins and related crypto stocks. Helping, there are reasons to get bullish on Bitcoin.  For one, there is a high probability of recession this year. Contractionary monetary policies are likely to end and the dollar might continue to weaken. This is good news for risky asset classes.  Plus, cryptocurrencies could see a big flow of funds after a massive correction. Furthermore, Bitcoin halving is due in 2024. In the past, the event has been associated with a meaningful rally in the cryptocurrency blue chips. The next 12-24 months are therefore likely to be positive for the crypto world. Let’s talk about three crypto stocks that can potentially deliver multi-bagger returns. RIOT Riot Platforms $6.13 COIN Coinbase $61.71 BITF Bitfarms $0.92 InvestorPlace - Stock Market News, Stock Advice & Trading Tips Crypto Stocks: Riot Platforms (RIOT) An image of a miner with a pickaxe mining digital coins, computer code and various numbers are overlaid on the image Source: Yev_1234 / Shutterstock Riot Platforms (NASDAQ: RIOT ) is up 82.2% year to date. The rally from deeply oversold levels is likely to sustain if Bitcoin continues to trend higher. It’s worth noting that Riot has continued to boost its mining capacity through the industry downturn. As of January, the company reported a hash rate capacity of 9.3EH/s. The company has plans to increase capacity to 12.5EH/s by the first half of the year. Riot is also attractive considering the balance sheet. As of Q3 2022, the company reported cash and equivalents of $255 million and zero debt. For the same period, Riot had 6,897 Bitcoin holdings. With strong financial flexibility, the company is positioned to accelerate growth if crypto recovery sustains. I must add here that Riot reported a gross mining margin of 65.4% for the first nine months of 2022. Assuming a scenario where Bitcoin trades above $35,000, the company is positioned to deliver a healthy EBITDA margin. Story continues Coinbase (COIN) The Coinbase (COIN stock) logo on a smartphone screen with a BTC token. Crypto winter is setting in. Source: Primakov / Shutterstock.com After a challenging 2022, Coinbase (NASDAQ: COIN ) skyrocketed by 90% year to date. If crypto trading activity gains traction in the coming quarters, COIN stock will remain in an uptrend. For 2022, Coinbase reported revenue of $3.1 billion. For the same period, the company’s adjusted EBITDA loss was $370 million. While total revenue declined significantly, Coinbase reported a 53% growth in subscription and services revenue to $792.6 million. Based on Q1 2023 guidance (annualized), Coinbase is positioned to report revenue in excess of $1.2 billion from this segment. Coinbase Prime, for institutional investors, is another potential growth catalyst for market recovery. It’s also worth noting that Coinbase ended Q4 2022 with cash and equivalents of $5.5 billion. The company has navigated the crisis period with a strong balance sheet. This provides flexibility for platform development and potential international expansion in the coming years. Coinbase intends to launch “foundational products that are a gateway to Web3 and crypto in every country.” Bitfarms (BITF) Concept art of crypto mining with little figuring and a Bitcoin token. Source: Shutterstock Bitfarms (NASDAQ: BITF ) is up about 120% year to date and is still attractive. It’s worth noting that Bitfarms mined 1,515 Bitcoin in Q3 2022. What’s more important is the fact that the company lowered production cost to $9,400 per Bitcoin. Even with depressed sentiments, the company was able to generate positive operating cash flows. Further, for Q3 2022, the company’s hash rate was 4.2EH/s, which increased by 180% on a year-on-year basis. The company guided to close 2022 with a hash rate of 6.0EH/s. Therefore, with sustained growth in mining capacity, the outlook is bright for 2023. Considering the production cost, Bitfarms is positioned to report strong OCF in the coming quarters. Another big positive for Bitfarms is the deleveraging story. As compared to June 2022 levels, the company has reduced debt by 80% as of February . With $25 million in debt, the company has a strong balance sheet and is poised to sustain aggressive growth. On the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines . Faisal Humayun is a senior research analyst with 12 years of industry experience in the field of credit research, equity research and financial modeling. Faisal has authored over 1,500 stock specific articles with focus on the technology, energy and commodities sector. The post 3 Crypto Stocks to Buy as Bitcoin Trends Higher appeared first on InvestorPlace .... - Reddit Posts (Sample): [['u/mbdtf95', 'If people who created Buttcoin sub on the day they created it decided to invest $100 in Bitcoin instead that day and not sell, they would have $211k worth of BTC now', 1644, '2023-04-23 00:44', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/', "So that subreddit which is just a community of BTC and crypto haters was created on 18th of July in 2011. \n\nhttps://www.statmuse.com/money/ask/bitcoin+price+2011\n\nLooking at the price chart from 2011, back then price of 1 BTC was hovering at $13.16 on that particular day meaning just $100 would get you 7.6 BTC at the time. At current time of writing this, this would be worth about $211k right now. At the peak of Bitcoin back in 2021's bullrun, worth of that would be well over half a million USD.\n\n It's amazing that haters on there are longstanding users, hating for more than 10 years constantly on a thing like Bitcoin and crypto. Imagine hating something so much, calling it a ponzi scheme, a scam etc... for years and see that exact thing you're hating go from few dollars to over $50k, and you still keep hating it over the years being delusional.", 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/', '12vma5t', [['u/mishaog', 34, '2023-04-23 00:46', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbr312/', 'hindsight is 20/20', '12vma5t'], ['u/astockstonk', 12, '2023-04-23 00:57', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbsgek/', 'Beavis invested in Bitcoin. \n\nButt-Head created Buttcoin instead.', '12vma5t'], ['u/samer109', 24, '2023-04-23 01:00', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbsswy/', "**Buttcoiners be like:**\n\n- I'm glad I didn't buy bitcoin when it was $100, it's too risky and volatile.\n- I'm glad I didn't buy bitcoin when it was $1000, it's a bubble and a scam.\n- I'm glad I didn't buy bitcoin when it was $10,000, it's a Ponzi scheme and a waste of energy.\n- I'm glad I didn't buy bitcoin when it was $100,000, it's a fad and a cult.\n- I'm glad I didn't buy bitcoin when it was $1,000,000, it's too late and too expensive.", '12vma5t'], ['u/Calm_Lemonade', 14, '2023-04-23 01:04', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbt9bl/', 'Not exactly the case for them since they hate it anyway', '12vma5t'], ['u/Harold838383', 13, '2023-04-23 01:09', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbtwp5/', 'This should be posted in their sub', '12vma5t'], ['u/Cryptizard', 140, '2023-04-23 01:10', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbu2ob/', "If you had the opportunity to invest early in a ponzi scheme and make a bunch of money, but you thought at the time it was a ponzi scheme and knew that it would be taking money from other people, would you do it? That is what you are suggesting here. I don't agree with them, but they are at least consistent and believe in something. That is worthy of respect. Or do you just want to go through life with everyone agreeing with everything you say and never challenging you?", '12vma5t'], ['u/Consistent_Many_1858', 286, '2023-04-23 01:15', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbup3w/', "99% of us would have sold it at $10 or less. That's the truth.", '12vma5t'], ['u/Popular_Worry_9294', 11, '2023-04-23 01:17', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbuuqf/', 'Buttcoiners should keep not buying Bitcoin so price can go up more. We should thank them.', '12vma5t'], ['u/Kiiaru', 15, '2023-04-23 01:22', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbviww/', 'Same. I think it\'s good to see what crypto opponents have to say. A lot of their criticism is valid, and I do think crypto as a whole suffers from toxic positivity, celebrating all things even remotely positive as great while sweeping bad under the rug, or proclaiming that the bad things "aren\'t really bad because X"', '12vma5t'], ['u/experiencenonsense', 317, '2023-04-23 01:28', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbw85m/', "Posts like this help further demonstrate that crypto is only about number go up and that's more important than any utility or use case. As long as you can make a profit, that's what's truly important.", '12vma5t'], ['u/Harucifer', 11, '2023-04-23 01:37', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbxb7z/', '>even after all the things Bitcoin achieved in those 10 years.\n\nCan you name one meaningful achievement other than price (or "LiNe Go uP")? Bitcoin is less used for transactions today than it ever was. People just want to buy and hoard it while the whitepaper clearly stated it\'s supposed to be transacted with.', '12vma5t'], ['u/Onyourknees__', 61, '2023-04-23 01:38', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbxeyw/', "Guess I'm in the 1% that would have held out for at least an 🎱 on the silken highway.", '12vma5t'], ['u/Trylks', 11, '2023-04-23 01:45', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbyak9/', 'They know. That fuels their hate too.', '12vma5t'], ['u/Elie0_0', 27, '2023-04-23 01:57', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbztay/', "Exactly, this is ridiculous.\n\n\n\nWhy would they have invested, when they don't think that it's price determines anything?", '12vma5t'], ['u/Legitimate_Concern_5', 16, '2023-04-23 02:05', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc0rxt/', 'Nope, it’s from first principles. Hated it then and hate it now because it doesn’t make any sense. You’ll find a lot of us know an awful lot about crypto, blockchain, economics and the space as a whole. A lot of us are software engineers. Even my coiner friends ask me for updates on the space.\n\nThe fundamentals have not changed. On that we might even agree?\n\nAnyways there’s tons of ways to make money. Only thing you’ve gotta be is right, at the right time. haha. Everyone’s constantly missing out on hundreds of ways to be wealthy. It’s just the nature of life.\n\nBut look, I do wish you all the best.', '12vma5t'], ['u/Baecchus', 72, '2023-04-23 02:13', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc1pa3/', 'I can transfer value from anywhere to anywhere at anytime without a middle man while having 100% custody over my assets. Sounds like a use case to me.', '12vma5t'], ['u/Baecchus', 18, '2023-04-23 02:17', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc24km/', 'I don\'t think the "you\'d be up this much" argument is very useful either. If I bought Pepe at the perfect time I\'d turn $250 into a million as well. Doesn\'t prove anything about Pepe.', '12vma5t'], ['u/Baecchus', 17, '2023-04-23 02:22', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc2qs2/', "I don't think those people even know what a ponzi scheme is. That word is thrown around every 10 seconds but people don't seem to know where it came from and what it's used to describe. Nothing about BTC makes it a ponzi scheme.\n\n[Here's a Charles Ponzi documentary](https://www.youtube.com/watch?v=w4waqVKanxA&vl=en) for those who are actually interested in learning instead of throwing that word around ignorantly.", '12vma5t'], ['u/Bucksaway03', 21, '2023-04-23 02:25', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc35kp/', 'Without being charged $16 or something ridiculous to', '12vma5t'], ['u/elysiansaurus', 33, '2023-04-23 02:26', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc3au2/', 'This, why would they invest $100 in something that they are almost certain is a scam, if anything, as Bitcoin rose over the years the sub probably lost some members who got converted into being pro Bitcoin.', '12vma5t'], ['u/Elie0_0', 12, '2023-04-23 02:34', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc47lv/', 'Alright Shakespeare', '12vma5t'], ['u/nicklor', 10, '2023-04-23 02:44', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc5enw/', 'I think if anything it discourages actual use because by spending it you are losing potential revenue for example the famous pizza story. Who wants to spend BTC at 30k when it might be at 100k in a year.', '12vma5t'], ['u/DunamisMax', 43, '2023-04-23 02:45', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc5kzs/', 'What percentage of the population in modern civilized countries actually needs to do that, legitimately asking? Maybe 1% at most? We already have a multitude of completely free and instant forms of sending cash to others (Zelle for example). I understand the whole "no middle man" thing, but no one cares about that.', '12vma5t'], ['u/conceiv3d-in-lib3rty', 10, '2023-04-23 02:50', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc63s8/', 'ser what do u mean, i’m in it for the tech', '12vma5t'], ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['(Bloomberg) -- Bitcoin’s rebound is just the start of a rally that will take it past $50,000 next year courtesy of a process known as halving that curbs the supply of new tokens, according to projections from crypto analysts.\nMost Read from Bloomberg\n• Tesla Drops Model Y Starting Price Below the Average US Vehicle\n• Quants Are ‘Out of Ammo’ for Buying Stocks, Goldman Warns\n• Netflix Spain Lost 1 Million Users Last Quarter, Kantar Says\n• First Republic Faces Potential Curb on Borrowing From Fed\n• Singapore Hikes Property Tax, Doubling Rate on Foreigners to 60%\nThe largest digital asset has climbed 67% since Dec. 31 in a partial revival from an epic rout in 2022. While the token at the moment is struggling in the vicinity of $30,000, halving holds the potential to trigger an advance of at least 81%, according to Bloomberg Intelligence and Matrixport.\nA halving – or halvening – cuts in half the amount of tokens that Bitcoin miners receive as reward for their work. The quadrennial event is due next around April 2024 and is part of the process of capping Bitcoin supply at 21 million tokens. The coin hit records after each of the last three halvings.\nThe upcoming halving is currently about 50% priced in based on previous cycles, said Jamie Douglas Coutts, a Bloomberg Intelligence analyst. Coutts predicts that Bitcoin can scale $50,000 by April 2024.\n“Bitcoin cycles bottom around 12-18 months prior to the halving and this cycle structure looks similar to the past ones, albeit many things have changed — while the network is vastly stronger, Bitcoin has never endured a prolonged severe economic contraction,” he said.\nThe Bitcoin bounce has sputtered of late, restrained by cooling expectations of Federal Reserve interest-rate cuts amid persistent inflation. A US regulatory crackdown on crypto in the wake of the FTX exchange’s collapse in November 2022 also threatens to darken the market outlook.\nFTX Low\n“If the collapse of FTX was indeed the bottom of this cycle, then history would suggest that we still have approximately 350 days of ‘accumulation’ before witnessing the characteristic post-halving breakout price action,” said Jacob Joseph, an analyst at CCData.\nMarkus Thielen, research head at Matrixport, said in a recent note that Bitcoin will reach around $65,623 by April 2024 — more than double the current price.\nBitcoin remains about $41,000 down from its all-time high of almost $69,000 in November 2021 — which came 18 months after its 2020 halving. Crypto markets crashed last year as central banks jacked up rates to curb price pressures and digital-asset companies imploded.\n“Bitcoin may once again reach a new all-time high in the future, however, it is unlikely to see the same growth as previous cycles due to increased market size and competition from other digital assets,” said CCData’s Joseph.\nBitcoin edged up less than 0.5% to $27,590 as of 8 a.m. in Singapore on Monday after retreating a little more than 9% last week. Smaller tokens like Ether, Cardano and Solana also made modest gains as the trading week got underway in the Asia-Pacific region.\nMost Read from Bloomberg Businessweek\n• Musk Bets the House of Tesla on Low Prices and Razor-Thin Margins\n• Carvana Was Built for Low Interest Rates. Can It Survive Its $8 Billion Debt?\n• Walmart Is Using AI to Negotiate the Best Price With Some Vendors\n• How Asia’s Hottest New App Was Sunk by Secret China Connections\n• VPNs Are Going Mainstream, and So Are Their Trust Issues\n©2023 Bloomberg L.P.', '(Bloomberg) -- Bitcoin’s rebound is just the start of a rally that will take it past $50,000 next year courtesy of a process known as halving that curbs the supply of new tokens, according to projections from crypto analysts.\nMost Read from Bloomberg\n• Tesla Drops Model Y Starting Price Below the Average US Vehicle\n• Quants Are ‘Out of Ammo’ for Buying Stocks, Goldman Warns\n• Netflix Spain Lost 1 Million Users Last Quarter, Kantar Says\n• First Republic Faces Potential Curb on Borrowing From Fed\n• Singapore Hikes Property Tax, Doubling Rate on Foreigners to 60%\nThe largest digital asset has climbed 67% since Dec. 31 in a partial revival from an epic rout in 2022. While the token at the moment is struggling in the vicinity of $30,000, halving holds the potential to trigger an advance of at least 81%, according to Bloomberg Intelligence and Matrixport.\nA halving – or halvening – cuts in half the amount of tokens that Bitcoin miners receive as reward for their work. The quadrennial event is due next around April 2024 and is part of the process of capping Bitcoin supply at 21 million tokens. The coin hit records after each of the last three halvings.\nThe upcoming halving is currently about 50% priced in based on previous cycles, said Jamie Douglas Coutts, a Bloomberg Intelligence analyst. Coutts predicts that Bitcoin can scale $50,000 by April 2024.\n“Bitcoin cycles bottom around 12-18 months prior to the halving and this cycle structure looks similar to the past ones, albeit many things have changed — while the network is vastly stronger, Bitcoin has never endured a prolonged severe economic contraction,” he said.\nThe Bitcoin bounce has sputtered of late, restrained by cooling expectations of Federal Reserve interest-rate cuts amid persistent inflation. A US regulatory crackdown on crypto in the wake of the FTX exchange’s collapse in November 2022 also threatens to darken the market outlook.\nFTX Low\n“If the collapse of FTX was indeed the bottom of this cycle, then history would suggest that we still have approximately 350 days of ‘accumulation’ before witnessing the characteristic post-halving breakout price action,” said Jacob Joseph, an analyst at CCData.\nMarkus Thielen, research head at Matrixport, said in a recent note that Bitcoin will reach around $65,623 by April 2024 — more than double the current price.\nBitcoin remains about $41,000 down from its all-time high of almost $69,000 in November 2021 — which came 18 months after its 2020 halving. Crypto markets crashed last year as central banks jacked up rates to curb price pressures and digital-asset companies imploded.\n“Bitcoin may once again reach a new all-time high in the future, however, it is unlikely to see the same growth as previous cycles due to increased market size and competition from other digital assets,” said CCData’s Joseph.\nBitcoin edged up less than 0.5% to $27,590 as of 8 a.m. in Singapore on Monday after retreating a little more than 9% last week. Smaller tokens like Ether, Cardano and Solana also made modest gains as the trading week got underway in the Asia-Pacific region.\nMost Read from Bloomberg Businessweek\n• Musk Bets the House of Tesla on Low Prices and Razor-Thin Margins\n• Carvana Was Built for Low Interest Rates. Can It Survive Its $8 Billion Debt?\n• Walmart Is Using AI to Negotiate the Best Price With Some Vendors\n• How Asia’s Hottest New App Was Sunk by Secret China Connections\n• VPNs Are Going Mainstream, and So Are Their Trust Issues\n©2023 Bloomberg L.P.', '(Bloomberg) -- Bitcoin\x92s rebound is just the start of a rally that will take it past $50,000 next year courtesy of a process known as halving that curbs the supply of new tokens, according to projections from crypto analysts. Most Read from Bloomberg Tesla Drops Model Y Starting Price Below the Average US Vehicle Quants Are \x91Out of Ammo\x92 for Buying Stocks, Goldman Warns Netflix Spain Lost 1 Million Users Last Quarter, Kantar Says First Republic Faces Potential Curb on Borrowing From Fed Singapore Hikes Property Tax, Doubling Rate on Foreigners to 60% The largest digital asset has climbed 67% since Dec. 31 in a partial revival from an epic rout in 2022. While the token at the moment is struggling in the vicinity of $30,000, halving holds the potential to trigger an advance of at least 81%, according to Bloomberg Intelligence and Matrixport. A halving \x96 or halvening \x96 cuts in half the amount of tokens that Bitcoin miners receive as reward for their work. The quadrennial event is due next around April 2024 and is part of the process of capping Bitcoin supply at 21 million tokens. The coin hit records after each of the last three halvings. The upcoming halving is currently about 50% priced in based on previous cycles, said Jamie Douglas Coutts, a Bloomberg Intelligence analyst. Coutts predicts that Bitcoin can scale $50,000 by April 2024. \x93Bitcoin cycles bottom around 12-18 months prior to the halving and this cycle structure looks similar to the past ones, albeit many things have changed \x97 while the network is vastly stronger, Bitcoin has never endured a prolonged severe economic contraction,\x94 he said. The Bitcoin bounce has sputtered of late, restrained by cooling expectations of Federal Reserve interest-rate cuts amid persistent inflation. A US regulatory crackdown on crypto in the wake of the FTX exchange\x92s collapse in November 2022 also threatens to darken the market outlook. FTX Low \x93If the collapse of FTX was indeed the bottom of this cycle, then history would suggest that we still have approximately 350 days of \x91accumulation\x92 before witnessing the characteristic post-halving breakout price action,\x94 said Jacob Joseph, an analyst at CCData. Story continues Markus Thielen, research head at Matrixport, said in a recent note that Bitcoin will reach around $65,623 by April 2024 \x97 more than double the current price. Bitcoin remains about $41,000 down from its all-time high of almost $69,000 in November 2021 \x97 which came 18 months after its 2020 halving. Crypto markets crashed last year as central banks jacked up rates to curb price pressures and digital-asset companies imploded. \x93Bitcoin may once again reach a new all-time high in the future, however, it is unlikely to see the same growth as previous cycles due to increased market size and competition from other digital assets,\x94 said CCData\x92s Joseph. Bitcoin edged up less than 0.5% to $2 **Last 60 Days of Bitcoin's Closing Prices:** [23947.49, 23198.13, 23175.38, 23561.21, 23522.87, 23147.35, 23646.55, 23475.47, 22362.68, 22353.35, 22435.51, 22429.76, 22219.77, 21718.08, 20363.02, 20187.24, 20632.41, 22163.95, 24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-04-24 **Financial & Commodity Data:** - Gold Closing Price: $1989.10 - Crude Oil Closing Price: $78.76 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $527,836,170,531 - Hash Rate: 341432463.6274834 - Transaction Count: 360173.0 - Unique Addresses: 634746.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.53 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: BlockSQ reported fourth-quarter 2022 adjusted earnings of 22 cents per share, missing the Zacks Consensus Estimate by 21.4%. The figure declined 18.5% year over year.Net revenues of $4.65 billion surpassed the Zacks Consensus Estimate of $4.53 billion. The top line increased by 14% from the prior-year quarter.Year-over-year revenue growth was driven by strong momentum across the Cash App ecosystem, which contributed $2.86 billion to net revenues for the reported quarter, up 12% year over year.Block witnessed solid traction across the Square ecosystem, generating $1.76 billion of net revenues, up 19% year over year.The company’s Corporate & Other — comprising the global music and entertainment platform TIDAL — generated $38 million in net revenues for the fourth quarter.Further, Block witnessed strong growth in transaction and subscription revenues.The growing momentum across the buy now, pay later (BNPL) platform generated $264 million in revenues in the reported quarter.Additionally, accelerating gross payment volume (GPV) drove the results.However, bitcoin volatility remained a concern for the company. Block, Inc. price-consensus-eps-surprise-chart | Block, Inc. Quote GPV in the fourth quarter amounted to $53.2 billion, up 15% from the year-ago quarter. This was driven by strength across the Square ecosystem. Notably, Square’s GPV was $48.6 billion (accounted for 91% of the total GPV) in the fourth quarter, up 14% year over year.Cash App, which accounted for $4.55 billion of the overall GPV (9%), remained positive. The figure increased by 20% year over year.Block continued to experience improvement in its card-present volumes in the reported quarter. Card-present GPV was up 17% from the year-ago quarter.The company’s card-not-present GPV reflected year-over-year growth of 9% in the fourth quarter. Transaction (31.7% of net revenues):The company generated transaction revenues of $1.47 billion, up 13% year over year. Strong Square ecosystem accounted for $1.35 billion of transaction revenues, up 12% year over year. Further, Cash App contributed $122 million to transaction revenues, up 18% year over year, owing to the rising number of transactions as well as business accounts.Subscription and Services (28.1% of net revenues):The company generated $1.31 billion in revenues from this category, jumping 69% from the year-ago quarter. The improvement can be attributed to a strong performance by the Square ecosystem, which contributed $368 million to subscription and services revenues, up 60% year over year. Further, Cash App contributed $901 million to the category’s top line. The figure was up 85% from the year-ago quarter. Moreover, a well-performing BNPL platform contributed well.Hardware (0.8% of net revenues):Block generated revenues of $36 million from the business, down 1% year over year.Bitcoin (39.4% of net revenues):The company generated revenues of $1.83 billion from the category, down 6.5% year over year. This was attributed to sluggish consumer demand and a slowdown in trading activities due to declining bitcoin prices. Per management, gross profit grew 40% from the year-ago quarter to $1.66 billion. The gross margin expanded by 680 basis points (bps) year over year to 35.7%.Adjusted EBITDA was $281 million in the reported quarter, up 52.7% year over year.Operating expenses were $1.8 billion, rising 45% from the prior-year quarter.Product development expenses were $605 million, up 54% year over year, primarily due to rising headcount and personnel costs in the engineering, data science and design teams. Also, product development expenses associated with the BNPL platform led to the surge.General and administrative expenses were $450 million, up 51% from the prior-year quarter. This was primarily caused by finance, legal, human resources and support personnel costs and expenses associated with the BNPL platform.Sales and marketing costs were $540 million, up 11% year over year due to an increase in Cash App peer-to-peer processing costs.The adjusted operating loss was $31.9 million in the reported quarter compared with $22.6 million in the year-ago quarter. As of Dec 31, 2022, the cash and cash equivalent balance was $4.54 billion, up from $4.33 billion on Sep 30, 2022.Short-term investments were $1.08 billion for the reported quarter, up from $1.05 billion in the previous quarter.Long-term debt was $4.109 billion compared with $4.107 billion in the prior quarter. Currently, Block has a Zacks Rank #4 (Sell).Some better-ranked stocks in the broader Zacks Computer & Technology sector areArista NetworksANET,BaiduBIDU andAgilent TechnologiesA. While Arista Networks and Baidu sport a Zacks Rank #1 (Strong Buy), Agilent Technologies carries a Zacks Rank #2 (Buy) at present. You can seethe complete list of today’s Zacks #1 Rank stocks here.Arista Networks has gained 6.1% in the past year. The long-term earnings growth rate for ANET is currently projected at 17.5%.Baidu has lost 7.1% in the past year. The long-term earnings growth rate for BIDU is currently projected at 19.4%.Agilent has gained 8.4% in the past year. A’s long-term earnings growth rate is currently projected at 10%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Baidu, Inc. (BIDU) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report Block, Inc. (SQ) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): [['u/KingHunter150', 'I know this is a pedantic complaint, but I think it speaks volumes to the lackluster and anti player grind Lightkeeper is', 256, '2023-04-24 00:17', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/', 'So, to make the Ledex craft, you need essentially an academic journal textbook to "read" how to make them. Um okay, but you can only get it via a quest after what is an insane grind to Lightkeeper. But this lore reason makes no sense. We have the flea market, and a PC and even a bitcoin farm, and thus access to the internet. So why couldn\'t we access the knowledge one needs to make a Ledex craft via the infinite knowledge source that is the internet? It just feels so tacky and arbitrary—a clearly forced grind to gain access to an item. Now I know you can just get Ledex\'s by, you know, playing the game and finding them in raid and surviving. But the question then: what is the point of the craft? If you want to make it this arbitrarily hard and grindy to make Ledex\'s for a quest that you will most likely have already done, and where it is more efficient to just farm Ledexs for the trade-in where it doesn\'t matter if you die, why have this grindy convoluted quest chain that feels so anti-climatic?\n\nI don\'t understand the direction or purpose of the "end game" content being a no-life grind fest with rather lackluster rewards. It doesn\'t feel like a game, it feels like busywork, and it doesn\'t even make sense within the game\'s own lore. I hope Lightkeeper gets updated with more interesting mechanics, like being an in-person trader in the future like we all assumed he would be. I feel like it would be a lot cooler if you had to bring him a variety of valuable barter items and he gave you the item in question. That way you facilitate a map being also a trade point, and all the chaos and fighting would occur around that. As it stands, there isn\'t really a reason to camp the lighthouse either unless you\'re just griefing. If the idea was you could get valuable traded loot off people with access to Lightkeeper then at least the map would have a unique element to it that sets it apart from all the other maps.', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/', '12wsck5', [['u/Xnuclearwarhead', 18, '2023-04-24 00:40', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhg7t6w/', 'Super helpful, I bet people groan when you show up anywhere.', '12wsck5'], ['u/[deleted]', 275, '2023-04-24 00:56', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhg9xfy/', 'lightkeeper is grindy? he is hidden so far beyond the thickest wall of tedious tasks that i dont even bother to start fulfilling requirements to open him. i bet he doesnt exist for 99.99% of players', '12wsck5'], ['u/Xnuclearwarhead', 15, '2023-04-24 01:08', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgbjjf/', "Did you think about maybe not everyone spends their whole week on the EFT reddit? Ops post isn't whiney, it's a legit criticism.", '12wsck5'], ['u/[deleted]', 30, '2023-04-24 01:35', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgeyxt/', 'im 46 and im nowhere near him', '12wsck5'], ['u/doxjq', 66, '2023-04-24 01:47', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhggdw1/', 'I’m actually curious to know how many players have done it. It can’t be many surely. I would assume it was less than 0.1%', '12wsck5'], ['u/Kitteh_91', 24, '2023-04-24 02:07', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgiykl/', "the book required to craft a ledx can be found in raid, my friends found one on labs, and it can be found on lighthouse as well. The book is now just a reward similar to the other items people think is only obtainable from lightkeeper, like the item needed for intel lvl 3 can be found on labs and that other new 2x2 slot tech item. Lightkeeper's tasks at this point is just quests for those who are bored and need something else to do until he can actually be traded with.", '12wsck5'], ['u/TimSad', 11, '2023-04-24 02:18', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgk9pt/', 'What’s the point of being the way that you are?', '12wsck5'], ['u/Goyu', 10, '2023-04-24 02:20', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgkjsx/', "It's legit criticism. An intense grind should have some kind of meaningful reward, but most of the time the harder the grind the more useless and lackluster the reward. Making busywork that takes weeks to complete is not the solution to the end game problems that Tarkov has, it's just a way of making sure the playercount doesn't get too high.\n\nIt's ok to criticize the game kiddo, it's not perfect and little Nicky doesn't need your protection.\n\nNot gonna address the rest of what you said. It was too stupid.", '12wsck5'], ['u/SomeScientist', 103, '2023-04-24 02:45', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgno0t/', 'It’s so strange to me that we’re supposedly beta testing this game and yet this new stuff is so grindy to get to in the first place. You’d think they’d want more eyes on this new section of game play.', '12wsck5'], ['u/KingHunter150', 53, '2023-04-24 02:51', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgody0/', 'I feel from the answers people have given, either serious or from gate keeping no-lifers, is that this grind is somehow fun to them. It gives a reason for the streamers to stay around longer and the elitists something to work towards. My question though for BSG: why tailor your end game around giving purpose to a small part of your player base that will do anything if it gives them an excuse to play more. The end game content is surely more of a turn off to most players, especially when there is a wipe cycle. Furthermore, no streamers have done the Light Keeper tasks legitimately. They all cheesed it with their viewers. If the people that actually advertise your game complete the endgame by cheesing because its too ridiculous to them, I feel like that is a serious problem.', '12wsck5'], ['u/folie11', 23, '2023-04-24 03:13', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgr38v/', 'A useless "vendor" on Lighthouse hidden behind a bunch of tedious quests ( not like we\'re lacking those anyway ). He proves no purpose other than existing.', '12wsck5'], ['u/KingHunter150', 20, '2023-04-24 03:21', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgs49z/', "I mean from a purely purposeful meaning, video games aren't meant to provide that. Its just kinda sad if your reason to wake up is a videogame that gives you fake arbitrary challenges that make a 9-5 office job more appealing. Videogames for most people who have their purpose derived from life play videogames to have fun, of which challenging games are definitely a genre of fun. But this isn't that, this is a time sink, it is disrespectful of a player's time to actually play the game, unless your sole purpose for the day is derived from playing a videogame like a full-time job. As you can imagine that isn't a tenable situation, and for the small minority that has the ability to do that, that also isn't a tenable market to make money off of from BSG's perspective. It seems more like a poorly executed way to add longevity to a wipe when people drop off and get bored. And if your solution to making a ride last longer is increasing the waiting time in the line before you hop on, well thats just a shitty system and insulting to the time of the player. Make the game have longevity by being fun, not busywork.", '12wsck5'], ['u/KingHunter150', 14, '2023-04-24 03:24', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgsgyv/', "I did. My response was that is a sad and bad solution for the health of the game and anyone who actually enjoys this grind, IF the only reason they put up with this grind is that its one of the few or only avenues of purpose in their life. I am feeling sadness for fellow gamers if that is the state they're in, or the lunacy of BSG to try and exploit that demographic.", '12wsck5'], ['u/KingHunter150', 16, '2023-04-24 03:25', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgsksx/', 'Amazing response that encapsulates the problem lol', '12wsck5'], ['u/Uncle_Bobby_B_', 12, '2023-04-24 04:00', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgwvmy/', 'How am I coping lol', '12wsck5'], ['u/Representative-Dig16', 15, '2023-04-24 04:17', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgyvwa/', 'You are literally the people OP was referring to lol', '12wsck5'], ['u/KingHunter150', 13, '2023-04-24 04:21', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgzcar/', "I know. Its amazing that the slightest criticism turned him into a gatekeeper revealing he derives purpose from a shitty game mechanic that he flaunts over others as a facade of elitism. I'm still half thinking he's just a brilliant troll, well for his sake.", '12wsck5'], ['u/Churu_', 13, '2023-04-24 07:18', 'https://www.reddi... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['(Bloomberg) -- Countries including China and Iran are deploying digital repression more frequently to target dissent both at home and beyond their borders, the top US intelligence official said, raising the alarm about the erosion of democratic norms worldwide. Most Read from Bloomberg Tesla Drops Model Y Starting Price Below the Average US Vehicle Fed’s Jerome Powell Tricked by Russian Pranksters Posing as Zelenskiy US Economic Growth Slows to 1.1% While Inflation Accelerates ASML, Europe’s Most Valuable Tech Firm, Is at the Heart of the US-China Chip War Fugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving Bitcoin Invasive spyware, disinformation and other technological tools pose a grave threat to US national security, Director of National Intelligence Avril Haines said Monday. Even worse, she added, artificial intelligence can enable regimes to head off efforts to counter them. “The use of these technologies and methods to monitor and limit dissent are on a trajectory to become even more pervasive, targeted and complex,” Haines said at the Carnegie Endowment for International Peace in Washington. “We’re seeing more and more instances of other countries engaging in digital repression and their adoption of these approaches is, in turn, contributing to further democratic erosion,” she said. US Charges 44 Over Chinese Harassment of Dissidents Overseas Haines singled out Russia for passing laws that censored opposition to its invasion of Ukraine and imprisoning people who spread so-called “fake news.” Iran and China, she said, had curtailed digital speech, both domestically and elsewhere. China is “the world’s leading perpetrator of transnational repression,” Haines said. She pointed to a recent indictment against four dozen Chinese officials for allegedly harassing Chinese citizens in the US. Chinese embassy spokesman Liu Pengyu rejected Haines’s characterization and said the country abides by international law. Story continues “China firmly opposes the US’s slanders and smears, its political manipulation, the false narrative of ‘transnational repression,”’ Liu said in a statement. “The US abuse of judicial and law enforcement means against the Chinese citizens is the real ‘transnational repression,’ bringing further damage to the mutual trust between the two countries and bilateral cooperation in the relevant fields.” Haines warned of the rising practice of governments cutting off Internet access, which she said had happened more than 180 times across 35 countries last year. The US intelligence community has seen a record number of governments block websites with political, social or religious content. Most Read from Bloomberg Businessweek A Tax Loophole Makes EV Leasing a No-Brainer in the US At Charles Schwab, Being a Big Bank Has Become a Big Problem Good Luck Paying for Those $10,000 Obesity Drugs Everyone’s Talking About Musk Bets the House of Tesla on Low Prices and Razor-Thin Margins Biden Sparks a $2 Trillion Arms Race Over Chips, Green Subsidies ©2023 Bloomberg L.P.', '(Bloomberg) -- Countries including China and Iran are deploying digital repression more frequently to target dissent both at home and beyond their borders, the top US intelligence official said, raising the alarm about the erosion of democratic norms worldwide.\nMost Read from Bloomberg\n• Tesla Drops Model Y Starting Price Below the Average US Vehicle\n• Fed’s Jerome Powell Tricked by Russian Pranksters Posing as Zelenskiy\n• US Economic Growth Slows to 1.1% While Inflation Accelerates\n• ASML, Europe’s Most Valuable Tech Firm, Is at the Heart of the US-China Chip War\n• Fugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving Bitcoin\nInvasive spyware, disinformation and other technological tools pose a grave threat to US national security, Director of National Intelligence Avril Haines said Monday. Even worse, she added, artificial intelligence can enable regimes to head off efforts to counter them.\n“The use of these technologies and methods to monitor and limit dissent are on a trajectory to become even more pervasive, targeted and complex,” Haines said at the Carnegie Endowment for International Peace in Washington.\n“We’re seeing more and more instances of other countries engaging in digital repression and their adoption of these approaches is, in turn, contributing to further democratic erosion,” she said.\nUS Charges 44 Over Chinese Harassment of Dissidents Overseas\nHaines singled out Russia for passing laws that censored opposition to its invasion of Ukraine and imprisoning people who spread so-called “fake news.” Iran and China, she said, had curtailed digital speech, both domestically and elsewhere.\nChina is “the world’s leading perpetrator of transnational repression,” Haines said. She pointed to a recent indictment against four dozen Chinese officials for allegedly harassing Chinese citizens in the US.\nChinese embassy spokesman Liu Pengyu rejected Haines’s characterization and said the country abides by international law.\n“China firmly opposes the US’s slanders and smears, its political manipulation, the false narrative of ‘transnational repression,”’ Liu said in a statement. “The US abuse of judicial and law enforcement means against the Chinese citizens is the real ‘transnational repression,’ bringing further damage to the mutual trust between the two countries and bilateral cooperation in the relevant fields.”\nHaines warned of the rising practice of governments cutting off Internet access, which she said had happened more than 180 times across 35 countries last year. The US intelligence community has seen a record number of governments block websites with political, social or religious content.\nMost Read from Bloomberg Businessweek\n• A Tax Loophole Makes EV Leasing a No-Brainer in the US\n• At Charles Schwab, Being a Big Bank Has Become a Big Problem\n• Good Luck Paying for Those $10,000 Obesity Drugs Everyone’s Talking About\n• Musk Bets the House of Tesla on Low Prices and Razor-Thin Margins\n• Biden Sparks a $2 Trillion Arms Race Over Chips, Green Subsidies\n©2023 Bloomberg L.P.', 'Cryptocurrency exchange Coinbase took action against the Securities and Exchange Commission (SEC) late Monday, asking a federal court to compel the agency to respond to its demand for clearer crypto regulations. The exchange sent the SEC its so-called “ petition for rulemaking ” last July, and asked the regulator to propose and adopt rules for digital assets securities. It also sought answers to 50 specific questions that would provide “clarity and certainty regarding the regulatory treatment of digital asset securities." Some of the questions center on the SEC’s methodology for classifying certain tokens as securities, while others focus on topics like asset custody and trading crypto asset securities on SEC-regulated exchanges. Under the law, the SEC is required to address Coinbase’s petition within a “reasonable” amount of time, a person familiar with the situation told Decrypt , alluding to the Administrative Procedure Act . They said that, from Coinbase’s point of view, a reasonable amount of time has passed after nine months with no response. Coinbase Is Backing Ripple Against the SEC Responding to the questions and creating new rules related to digital asset securities would be beneficial for the health of U.S. capital markets, the petition argued. “The U.S. does not currently have a functioning market in digital asset securities due to the lack of a clear and workable regulatory regime,” it stated. “New rules facilitating the use of digital asset securities would allow for a more efficient and effective allocation of capital in financial markets.” Should it ultimately respond to the petition, the financial watchdog could say that it does not believe new rules are necessary, echoing comments made by SEC Chairman Gary Gensler. During a congressional hearing last month, Gensler said “ regulations actually already exist ” for crypto to be managed effectively under securities laws. But if the SEC’s response to Coinbase’s petition is not to create new rules, then the company would have the opportunity to challenge the SEC in court, the source said. And, according to the source, until the company gets a response from the SEC, the exchange’s push for regulatory clarity is effectively on ice. Story continues Coinbase Chief Legal Officer Paul Grewal wrote in a blog post that Coinbase is not asking the court to tell the SEC how to respond. "We are simply requesting that the Court order the SEC to respond at all, which they are legally obligated to do," he said. "It’s important for the SEC and any other agency petitioned for rulemaking to respond to the petition once the agency has made up its mind, especially if the answer is no," Grewal continued. "Otherwise, the public can never exercise its right to ask a court if the agency’s decision was proper." Coinbase Backs Grayscale’s Bitcoin ETF Lawsuit Against SEC The petition was filed on the same day that the SEC claimed nine tokens available on Coinbase were unregistered securities, listed in an insider trading lawsuit brought against a former Coinbase product manager, Ishan Wahi, and two others. The exchange’s challenge comes amid a regulatory crackdown in the U.S., where agencies like the SEC and the Commodity Futures Trading Commission (CFTC) have stepped up their scrutiny of digital assets firms so far this year. The cryptocurrency exchange Kraken reached a settlement with the SEC in February over its staking-as-a-service program, which the agency alleged was offered to investors in violation of securities laws. Kraken was hit with a $30 million fine and agreed to cease the service for clients in the U.S. as part of its settlement. But Kraken—which consists of Payward Ventures, Inc. and Payward Trading Ltd.—did not admit to or deny the SEC’s allegations. Coinbase signaled its staking products could also come under regulatory pressure after the co **Last 60 Days of Bitcoin's Closing Prices:** [23198.13, 23175.38, 23561.21, 23522.87, 23147.35, 23646.55, 23475.47, 22362.68, 22353.35, 22435.51, 22429.76, 22219.77, 21718.08, 20363.02, 20187.24, 20632.41, 22163.95, 24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-04-25 **Financial & Commodity Data:** - Gold Closing Price: $1994.00 - Crude Oil Closing Price: $77.07 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $529,715,309,912 - Hash Rate: 302688354.2796839 - Transaction Count: 369843.0 - Unique Addresses: 663868.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.53 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Medha Singh and Lisa Pauline Mattackal (Reuters) - Beleaguered bitcoin miners are finally feeling the spring sunshine after a cold, hard crypto winter. The power-hungry companies that pump new bitcoin into circulation have been thrown a lifeline by the cryptocurrency's rally to above $30,000 this year, which has conspired with falling electricity prices to boost their profitability. The 30-day average of mining revenues has risen to $27.34 million a day, the highest level since last June, according to data from Blockchain.com. That's a relief for miners that struggled to service large debt burdens as revenues languished between $15 million and $21 million for most of the second half of 2022. They're still some way off a peak of $61.2 million hit in November 2021, though. "Many public miners were on the brink of bankruptcy at the end of last year. At the current bitcoin price, these companies' cash flows have substantially improved and most of them should have no problem paying their obligations," said Jaran Mellerud, analyst at bitcoin mining services company Luxor. Miners' debt-to-equity ratios now look much healthier, said Mellerud, adding that many companies had restructured and paid down debt over the past few months. Marathon Digital Holdings' debt-to-equity ratio has dropped to 0.5 from 2 since the start of this year, for example, while Greenidge Generation Holdings' has dropped to 5.8 from 11.7, according to data from Luxor. The spring thaw has seen investors flock back to publicly traded crypto mining companies; Among the biggest players, Marathon and Riot Platforms have seen their share price more than triple this year, while the Valkyrie Bitcoin Miners ETF is up 162% and Greenidge has gained 137%. But they've all still lost money since early 2022. Bitcoin mining is the process by which a network of computers validates a block of transactions on the blockchain. Miners are rewarded with bitcoin for completing a block, competing against other miners by solving intricate maths puzzles with energy-intensive computing systems, meaning electricity comprises a significant chunk of their operating costs. Story continues Declines in power prices, particularly in the U.S., have eased pressure on company margins, according to analysts at BTIG, who said the electricity cost for producing one bitcoin has fallen about 40% from the end of last year. That means that despite both the computing power available on the network and mining difficulty rising steadily to new all time highs - meaning it should take more power to mine one block - the 30-day average cost-per-transaction for miners has fallen to its lowest level since September, Blockchain.com data showed. (Graphic: Robust growth in revenue - https://www.reuters.com/graphics/FINTECH-CRYPTO/WEEKLY/klpygmobapg/chart.png) OUT OF THE WOODS? Miners can't get too cozy though, given their fortunes are tied to bitcoin's capricious price trajectory. "If we see bitcoin top out and consolidate, the run-up in miners may do the same, we expect to see more volatility as we head into summer," said Kevin Kelly, head of research at Delphi Digital, although he sees a favorable environment for crypto persisting through 2023, compared with last year. Despite improvements in their balance sheets, many miners still have plenty of debt to pay down and are still struggling, said Luxor's Mellerud. "The bitcoin price increase has bought these companies time, but it would be detrimental for these companies if it were to fall back down to $20,000," he said. Most companies are focusing on debt reduction rather than spending on new equipment, BTIG said, even as the estimated cost of new mining rigs has dropped around 69% since the end of 2021. There are some exceptions however, with CleanSpark taking advantage of falling prices to purchase of 45,000 new mining rigs, which would nearly double its computing power. A rapid rise in power prices or a fast fall in bitcoin could usher in a new cold spell. For now though, the sun is shining. "I don't think we're completely out of the woods, but I think the worst is behind us," said Marcus Sotiriou, analyst at digital asset broker GlobalBlock. (Reporting by Lisa Pauline Mattackal and Medha Singh in Bengaluru; Editing by Vidya Ranganathan and Pravin Char)... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["The original crypto bad boy Arthur Hayes still has a bone to pick with what he calls the \x93broken banking system.\x94 Hayes, the founder of the cryptocurrency exchange BitMEX, said he sees crypto as an important asset for consumers to own as a hedge against risk from the traditional banking system. \x93I don\x92t care if you\x92re capitalist or a communist. Everybody put on a lot of debt. We\x92ve passed the point where that debt is becoming useful,\x94 Hayes said during an interview for a recent episode of the gm from Decrypt podcast. \x93And therefore everyone is going to take an 'L' unless they get some crypto or some gold\x97some hard asset that\x92s outside of the traditional banking system.\x94 Normies Don\x92t 'Actually Care About Decentralization': Arthur Hayes Hayes founded BitMEX in 2014 and reaped his rewards for being so early to the industry. But in 2021, the Department of Justice charged him with violating the U.S. Bank Secrecy Act for failing to comply with anti-money laundering programs at BitMEX. He pleaded guilty and after serving two years probation and six months of home detention, he has relocated to Singapore. In that time, Hayes has continued writing long-form essays about cryptocurrency and blockchain adoption. He says his motivations are to educate people about how crypto works and why it\x92s valuable as an alternative to traditional financial institutions. According to Hayes, it\x92s become too politically damaging to let institutions fail in the traditional banking system. Instead, he said, politicians and regulators have tried to keep things going by piling on an increasing amount of debt. He referenced the collapse of Silicon Valley Bank, where consumers rushed to withdraw their funds and triggered a massive bank run. Ultimately, California state banking regulators had to place SVB into receivership and the Federal Reserve had to implement emergency lending . Recent banking collapses have also increased interest in alternative assets, such as Bitcoin, according to Hayes. He said people feared that they could not get full access to their assets, a large concern especially for institutions with large volumes of capital, and it made people consider cryptocurrency as an alternative. As financial institutions have suffered large losses this year, cryptocurrencies have conversely seen increased volume and inflows . \x93If we want crypto to be another financial system, people need to really understand what we're trying to replace, or improve upon,\x94 he said. \x93The unfortunate fact is, a lot of people don't receive any sort of education about how money works, how the banking system works, how asset markets really function.\x94", "The original crypto bad boy Arthur Hayes still has a bone to pick with what he calls the “broken banking system.”\nHayes, the founder of the cryptocurrency exchange BitMEX, said he sees crypto as an important asset for consumers to own as a hedge against risk from the traditional banking system.\n“I don’t care if you’re capitalist or a communist. Everybody put on a lot of debt. We’ve passed the point where that debt is becoming useful,” Hayes said during an interview for a recent episode of the gm fromDecryptpodcast. “And therefore everyone is going to take an 'L' unless they get some crypto or some gold—some hard asset that’s outside of the traditional banking system.”\nNormies Don’t 'Actually Care About Decentralization': Arthur Hayes\nHayes founded BitMEX in 2014 and reaped his rewards for being so early to the industry. But in 2021, the Department of Justice charged him with violating the U.S. Bank Secrecy Act for failing to comply with anti-money laundering programs at BitMEX. He pleaded guilty and after serving two years probation and six months of home detention, he has relocated to Singapore.\nIn that time, Hayes has continued writing long-form essays about cryptocurrency and blockchain adoption. He says his motivations are to educate people about how crypto works and why it’s valuable as an alternative to traditional financial institutions.\nAccording to Hayes, it’s become too politically damaging to let institutions fail in the traditional banking system. Instead, he said, politicians and regulators have tried to keep things going by piling on an increasing amount of debt.\nHe referenced the collapse of Silicon Valley Bank, where consumers rushed to withdraw their funds and triggered a massive bank run. Ultimately, California state banking regulators had to place SVB into receivership and the Federal Reserve had to implement emergencylending.\nRecent banking collapses have also increased interest in alternative assets, such as Bitcoin, according to Hayes. He said people feared that they could not get full access to their assets, a large concern especially for institutions with large volumes of capital, and it made people consider cryptocurrency as an alternative.\nAs financial institutions have suffered large losses this year, cryptocurrencies have conversely seenincreased volume and inflows.\n“If we want crypto to be another financial system, people need to really understand what we're trying to replace, or improve upon,” he said. “The unfortunate fact is, a lot of people don't receive any sort of education about how money works, how the banking system works, how asset markets really function.”", 'A digital copy of the original Bitcoin whitepaper that had been hidden on Macintosh computers for more than five years is not part of an upcoming operating system update from Apple,AppleInsiderreportedTuesday.\nThe late discovery of the PDF document went viral three weeks ago, and it represented only the latest in along line of easter eggsthat Apple (or its employees, more likely) have planted over the last several decades. It seems to have gone unnoticed by Apple\'s millions of users until 2020, when designer Joshua Dickens posted about it to Twitter. Someone who read his poststarted a threadin Apple\'s support forums in April 2021.\nIt didn\'t garner much more attention, however, until noted technologist Andy Baiowrote about itlast month.\n"Of all the documents in the world, why was the Bitcoin whitepaper chosen? Is there a secret Bitcoin maxi working at Apple?" Baio asked. "Maybe it was just a convenient, lightweight multipage PDF for testing purposes, never meant to be seen by end users."\nThe discovery even prompted Craig Wright, who has long claimed to be Bitcoin\'s pseudonymous creator Satoshi Nakamoto, to suggest that Apple wasviolating his copyright. Wright had previously got a court order to force the website Bitcoin.org toremove a copy of the paperin 2021, but the websiterefused to comply.\nAccording to participants in Apple\'s Beta Software Program, upcoming version 13.4 of MacOS Ventura do not contain the file, nor the other elements with which it was initially bundled—a test driver for a virtual scanner to allow developers to work with the operating system\'s image capture module. The files were never intended to be discovered by average users, located in hidden system files.\nAlongside the Bitcoin whitepaper PDF was a photo of a sign at Treasure Island in San Francisco.\nBaio later said that a source inside Apple told him that the presence of the paper was filed as a developer work ticket last year and was assigned to the same person who initially placed the whitepaper in the system. At the time, however, the ticket hadn\'t been acted upon.\n"They’ve indicated it will likely be removed in future versions," Baio said.', 'A digital copy of the original Bitcoin whitepaper that had been hidden on Macintosh computers for more than five years is not part of an upcoming operating system update from Apple,AppleInsiderreportedTuesday.\nThe late discovery of the PDF document went viral three weeks ago, and it represented only the latest in along line of easter eggsthat Apple (or its employees, more likely) have planted over the last several decades. It seems to have gone unnoticed by Apple\'s millions of users until 2020, when designer Joshua Dickens posted about it to Twitter. Someone who read his poststarted a threadin Apple\'s support forums in April 2021.\nIt didn\'t garner much more attention, however, until noted technologist Andy Baiowrote about itlast month.\n"Of all the documents in the world, why was the Bitcoin whitepaper chosen? Is there a secret Bitcoin maxi working at Apple?" Baio asked. "Maybe it was just a convenient, lightweight multipage PDF for testing purposes, never meant to be seen by end users."\nThe discovery even prompted Craig Wright, who has long claimed to be Bitcoin\'s pseudonymous creator Satoshi Nakamoto, to suggest that Apple wasviolating his copyright. Wright had previously got a court order to force the website Bitcoin.org toremove a copy of the paperin 2021, but the websiterefused to comply.\nAccording to participants in Apple\'s Beta Software Program, upcoming version 13.4 of MacOS Ventura do not contain the file, nor the other elements with which it was initially bundled—a test driver for a virtual scanner to allow developers to work with the operating system\'s image capture module. The files were never intended to be discovered by average users, located in hidden system files.\nAlongside the Bitcoin whitepaper PDF was a photo of a sign at Treasure Island in San Francisco.\nBaio later said that a source inside Apple told him that the presence of the paper was filed as a developer work ticket last year and was assigned to the same person who initially placed the whitepaper in the system. At the time, however, the ticket hadn\'t been acted upon.\n"They’ve indicated it will likely be removed in future versions," Baio said.', 'A digital copy of the original Bitcoin whitepaper that had been hidden on Macintosh computers for more than five years is not part of an upcoming operating system update from Apple, AppleInsider reported Tuesday. The late discovery of the PDF document went viral three weeks ago, and it rep **Last 60 Days of Bitcoin's Closing Prices:** [23175.38, 23561.21, 23522.87, 23147.35, 23646.55, 23475.47, 22362.68, 22353.35, 22435.51, 22429.76, 22219.77, 21718.08, 20363.02, 20187.24, 20632.41, 22163.95, 24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-04-26 **Financial & Commodity Data:** - Gold Closing Price: $1985.70 - Crude Oil Closing Price: $74.30 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $560,919,901,500 - Hash Rate: 314795888.4508713 - Transaction Count: 436461.0 - Unique Addresses: 668682.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.56 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Join the most important conversation in crypto and web3! Secure your seat today Marathon Digital (MARA), one of the largest publicly traded bitcoin miners, sold 650 bitcoins out of 683 it mined in February. The company said it sold the bitcoin to help pay for operating expenses and for general corporate purposes, according to a statement. Marathon sold 1,500 bitcoins in January , which marked the first time it had unloaded any of its holdings. Even with the February sales, said company Chairman and CEO Fred Thiel, Marathon increased its unrestricted bitcoin holdings from 8,090 bitcoins as of Jan. 31, 2023, to 8,260, valued at $191.2 million as of Feb. 28. The move to sell brings Marathon's strategy in line with some of its peers, including Riot Platforms (RIOT), which started selling some of its mined bitcoin last year . Prior to January, Marathon was among few remaining miners who continued to hold onto its mined bitcoin, even though the company in May 2022 indicated it could become a seller at some point. Turning to operations, Marathon said it had installed computing power of 14 exahash per second (EH/s) at the end of February, up from 11 EH/s a month earlier, and plans to reach 23 EH/s near the middle of 2023. The company ended the month with $219.7 million in unrestricted cash on hand, according to the statement. Earlier this week, the miner cancelled its earnings report and said that it will need to restate portions of its audited 2021 results and currently unaudited quarterly reports from 2022 after an inquiry from the U.S. Securities and Exchange Commission (SEC) flagged technical accounting matters. Riot Platforms on Thursday also said it will delay its 10-K filings with the SEC due to due to issues raised by its accounting firm about the company's impairment calculations related to its bitcoin assets. Marathon's shares were little changed in after-hours trading on Thursday, remaining higher by more than 80% in 2023. Bitcoin is down about 1% over the last 24 hours and higher by 42% year to date.... - Reddit Posts (Sample): [['u/skymtf', 'Bryant Public Schools blocks multiple lgbt website', 205, '2023-04-26 01:44', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/', 'I heard from a high school senior about multiple domains being blocked, I went ahead and had them test and it appears most lgbt websites are blocked\n\n[HRC.org](https://HRC.org)\n\n[transhub.org](https://transhub.org)\n\n[https://www.glaad.org/](https://www.glaad.org/)\n\n[transequalitynetwork.com](https://transequalitynetwork.com)\n\n[transequality.org](https://transequality.org)\n\n[pflag.org](https://pflag.org)\n\n[transgendermap.com/](https://www.transgendermap.com/)\n\n[pinknews.com](https://pinknews.com)\n\n[pride.com](https://pride.com)\n\n[stonewall.org.uk](https://stonewall.org.uk)\n\n[gaycenter.org](https://gaycenter.org)\n\n[familyequality.org](https://familyequality.org)\n\n[lalgbtcenter.org](https://lalgbtcenter.org)\n\n[lgbt.usf.edu](https://lgbt.usf.edu)\n\n[socialjustice.rutgers.edu](https://socialjustice.rutgers.edu)\n\n[equaldex.com](https://equaldex.com)\n\n[mkelgbt.org](https://mkelgbt.org)\n\n[thecenterbak.org](https://thecenterbak.org)\n\n[lgbtq.gmu.edu](https://lgbtq.gmu.edu)\n\n[wearefamilycharlston.edu](https://wearefamilycharlston.edu)\n\n[wearefamilycharleston.org/](https://wearefamilycharleston.org/)\n\n[prismlgbtq.org](https://prismlgbtq.org)\n\n[lgbtqcenter.org](https://lgbtqcenter.org)\n\n//Liberal news sources\n\n[cnn.com](https://cnn.com)\n\n[vox.com](https://vox.com)\n\n[npr.com](https://npr.com)\n\n[https://www.ualrpublicradio.org/](https://www.ualrpublicradio.org/)\n\nMultiple right wings hate websites are not blocked including[https://www.heritage.org/](https://www.heritage.org/)\n\n[https://www.focusonthefamily.com/](https://www.focusonthefamily.com/)\n\n​\n\nWill add more if more are found', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/', '12z035o', [['u/Ariintothewoods', 14, '2023-04-26 02:09', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhq10g5/', 'not defending them, but i have seen many sites be blocked for keywords, such as Sex and sexuality. At my school, they managed to block making tabs, google classroom, google drive, khan academy and more for a while before being unblocked after complaint. It may be malicious, but i just think they have a flagging system. \n\nI no longer have a school owned device to check if my school has the same restrictions, but i assume it would. have you check conservative news sources to see if their blocked?', '12z035o'], ['u/FOSpiders', 39, '2023-04-26 02:37', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhq4obd/', 'There are support and human rights related sites there. But of course the hate sites are still accessible. Wouldn\'t want the kiddos miss out on the lunatic conspiracy theories now, would we?\n\nIs CNN generally considered to be too centrist for the right down there to tolerate? It\'s hard for me to tell since being from outside America, CNN comes off as pretty tolerant of ridiculous Republican nonsense. Like John Oliver mentioned, a compromise between sense and nonsense is still nonsense. "It would be crazy to eat this *entire* bar of soap..."', '12z035o'], ['u/Radio_up', 24, '2023-04-26 02:50', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhq6f0o/', 'A college website was blocked and NPR was blocked???', '12z035o'], ['u/Miri5613', 18, '2023-04-26 02:59', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhq7i8x/', 'Didnt see fox on that list or church websites, nothing factual coming from those', '12z035o'], ['u/Miri5613', 12, '2023-04-26 03:00', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhq7paw/', 'Smells like a right wing troll.', '12z035o'], ['u/Specvmike', 13, '2023-04-26 03:06', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhq8ifx/', 'NPR? WTF? Did they listen to Musk and are treating them like state sponsored media?', '12z035o'], ['u/Thatguyxlii', 27, '2023-04-26 03:34', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhqc1wy/', 'I wonder if SPLCenter.org and aclu.org are also blocked. Or doctorswithoutborders.org, or other sites that care about human rights and equality, but they probably are. Probably adl.org as well. But I bet the sites for Christian hate groups like the Alliance Defending Freedom or the American Family Association or the Family Research Council are accessible.', '12z035o'], ['u/Thatguyxlii', 16, '2023-04-26 03:36', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhqcbil/', "CNN is kind of a joke anyways. Best place to go for news is associated press, reuters or PBS, but I bet they're blocked, too, as well as the BBC news.", '12z035o'], ['u/Thatguyxlii', 12, '2023-04-26 03:41', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhqcz82/', 'Focus on the Family is a Christian hate group and labelled as such by the SPLC (which is probably blocked).', '12z035o'], ['u/Smurgthemaster1234', 15, '2023-04-26 04:06', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhqgdk5/', "Yeah cause news sites couldn't possibly be needed for school work 🙄", '12z035o'], ['u/djk0010', 29, '2023-04-26 05:42', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhqrwee/', 'When I worked in IT at the school district, most of the Internet comes from the state, DIS specifically. And yes, just as others have stated a lot of key words are filtered by the states Internet. It’s not specifically the school district. Keywords get flagged, not much we can do about it especially since we require Internet and receive grant money from the state because in a lot of rural areas, a lot of schools can’t afford to pay millions of dollars to have decent Internet because of location and a variety of other determining factors and in a lot of those scenarios DIS provides some if not all of the bandwidth and we have to abide by their filtering rules. A lot of districts also use them as a Main and then if other ISPs are available they will have a redundant provider through Windstream or Ritter but we are still required to do filtering through the state. \n\nI’m not saying that it makes it right but the district has little to no control over it. Just want to make sure this is being viewed from all angles not just someone that took it upon themselves just to try to go to a bunch of websites and test the integrity of the firewall to see what’s blocked without knowing the IT side of it. I can’t tell you how many times I got sick and tired of having to send in unblock request to stuff that doesn’t need to be blocked, or why this is blocked and this other thing isn’t blocked.\n\nAlso, as a heads up, I wouldn’t recommend asking kids to go to some of these sites. Regardless, if they’re a senior or not and have them test to see what’s blocked, it will flag their account with a timestamp of the infraction and depending on who handles flagged request will get them into trouble and have their Internet privileges suspended. I know most of the time the phrase kids will be kids is usually the case but that’s not always the case. I doubt any of you want to spend your afternoon getting your kids Chromebook back from the principal because of some Reddit post lol. Because I promise you administration won’t care. They have a no tolerance policy and most of you with kids sign an acceptable use policy for the schools network to be granted access.', '12z035o'], ['u/skymtf', 16, '2023-04-26 06:08', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhqupyw/', "that sadly does not seem to be a the case given, I had them go a few anti trans sites, and didnt get blocked, (if it were keywords that would of gotten triggered), secondly that doesnt exactly explain CNN/NPR. unless some AI just went rouge and flagged a bunch of stuff I feel like it's filtered, also looking at their configs and how things are blocked, they are using a thrid party company for DNS filtering. Keep in mind I am unsure how exactly the flagging system works, or when exactly a domain is scanned, I'm guessing if it scans my website and blocks it than we will know. but for some reason I feel like this is more targeted", '12z035o'], ['u/skymtf', 10, '2023-04-26 06:11', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhquz8l/', 'fox news is also unblocked, I did not mention it since testing every single site would of taken forever, also I cannot directly experiment with it.', '12z035o'], ['u/Tanthiel', 12, '2023-04-26 06:59', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhqznph/', 'The righties consider CNN far left.', '12z035o'], ['u/Toklankitsune', 13, '2023-04-26 12:44', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhrotkf/', 'to be fair they see Biden as far left somehow too. the windows shifted that far towards fascism. Biden would pass as a Regan era republican.', '12z035o']]], ['u/fnetma', 'Microstrategy should use some of their 140,000 BTC and add liquidity to the lightning network...', 48, '2023-04-26 03:47', 'https://www.reddit.com/r/Bitcoin/comments/12z2upi/microstrategy_should_use_some_of_their_140000_btc/', 'I know they are building a suite of products/services for the lightning network but it would be nice i... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Join the most important conversation in crypto and web3! Secure your seat today AUSTIN, Texas — Crypto innovation and regulation can mesh, a quartet of high-profile executives agreed during a spirited panel discussion on potential changes to crypto markets at Consensus 2023 . BitGo CEO Mike Belshe, Kraken Managing Director North America Guy Hirsch, Cboe Digital President John Palmer and Cumberland DRW Global Head Chris Zuehlke noted that smart regulation stemming in no small part from the debacles of 2022 could benefit crypto by giving companies clearer guideposts and increasing public trust in the asset. "There\'s no reason why innovation and regulation have to be mutually exclusive" Zuehlke said, adding that the industry had already made significant progress in a short period. Read full coverage of Consensus 2023 here. The wide-ranging discussion came as the industry rebounds from a calamitous year when a number of major crypto-focused firms imploded and trust in digital assets waned. Regulators, particularly in the U.S., are now eyeing crypto to an unprecedented degree and some observers believe the scrutiny will hurt the industry\'s growth, or at least shift the balance of power outside the U.S. The panelists discussed new challenges for liquidity and prime brokerage, how custodial services will change, regulatory issues and requirements for exchanges to prove their reserves. The panelists noted industry anxieties about regulation\'s potential damping impact, but said the relationship between crypto firms and regulatory agencies must not be contentious. Palmer noted that Cboe Digital\'s conservative offerings, which once seemed a hindrance to adoption, have become a strength as investors search for safe, trusted vehicles to store their assets. Cboe Digital offers exchange and clearinghouse services for crypto spot and derivatives markets The Kraken exchange\'s Hirsch highlighted the need to protect client assets by creating environments where customers “can trust the venues” where they engage in digital asset transactions. The group also emphasized the need for separating assets but that notable crypto failures of 2022 were related to fraud more-so that structure. Story continues Hirsch said the challenges that befell the crypto industry in 2022, can provide an opportunity moving forward, specifically via proof-of-reserves accounting. He said that the cryptographic method allowing for verification of assets can be more reliable than audits in traditional finance. Zuehlke said that despite the crypto industry\'s 2022 woes, the banking industry\'s recent near meltdown and lingering concerns about its vulnerabilities prompted a migration to bitcoin (BTC) and other digital assets. "The cat\'s out of the bag. Bank deposits are risky in a way that people didn\'t understand," Zuehlke said. He added that bitcoin has grown more resilient, with price dislocations becoming less frequent and significant, despite recent contractions in liquidity.', 'Join the most important conversation in crypto and web3! Secure your seat today\nAUSTIN, Texas — Crypto innovation and regulation can mesh, a quartet of high-profile executives agreed during a spirited panel discussion on potential changes to crypto markets atConsensus 2023.\nBitGo CEO Mike Belshe, Kraken Managing Director North America Guy Hirsch, Cboe Digital President John Palmer and Cumberland DRW Global Head Chris Zuehlke noted that smart regulation stemming in no small part from the debacles of 2022 could benefit crypto by giving companies clearer guideposts and increasing public trust in the asset.\n"There\'s no reason why innovation and regulation have to be mutually exclusive" Zuehlke said, adding that the industry had already made significant progress in a short period.\nRead full coverage of Consensus 2023 here.\nThe wide-ranging discussion came as the industry rebounds from a calamitous year when a number of major crypto-focused firms imploded and trust in digital assets waned. Regulators, particularly in the U.S., are now eyeing crypto to an unprecedented degree and some observers believe the scrutiny will hurt the industry\'s growth, or at least shift the balance of power outside the U.S. The panelists discussed new challenges for liquidity and prime brokerage, how custodial services will change, regulatory issues and requirements for exchanges to prove their reserves.\nThe panelists noted industry anxieties about regulation\'s potential damping impact, but said the relationship between crypto firms and regulatory agencies must not be contentious.\nPalmer noted that Cboe Digital\'s conservative offerings, which once seemed a hindrance to adoption, have become a strength as investors search for safe, trusted vehicles to store their assets. Cboe Digital offers exchange and clearinghouse services for crypto spot and derivatives markets\nThe Kraken exchange\'s Hirsch highlighted the need to protect client assets by creating environments where customers “can trust the venues” where they engage in digital asset transactions. The group also emphasized the need for separating assets but that notable crypto failures of 2022 were related to fraud more-so that structure.\nHirsch said the challenges that befell the crypto industry in 2022, can provide an opportunity moving forward, specifically via proof-of-reserves accounting. He said that the cryptographic method allowing for verification of assets can be more reliable than audits in traditional finance.\nZuehlke said that despite the crypto industry\'s 2022 woes, the banking industry\'s recent near meltdown and lingering concerns about its vulnerabilities prompted a migration to bitcoin (BTC) and other digital assets.\n"The cat\'s out of the bag. Bank deposits are risky in a way that people didn\'t understand," Zuehlke said. He added that bitcoin has grown more resilient, with price dislocations becoming less frequent and significant, despite recent contractions in liquidity.', "Mad Lads is the biggest thing in NFTs right now, as the Solana profile picture (PFP) project overcame alleged extortion threats and DDOS attacks to mint out last week—and has generated over $15 million worth of trading volume since. It’s a bright spot for the Solana world after some rough months. Solana’s token and vibes were rocked by the collapse of exchange FTX and the downfall of close ally Sam Bankman-Fried in November. And then in December, the creator of Solana’s prominent NFT projects DeGods and y00ts announced that both would leave for other chains, which ultimately happened in March . Armani Ferrante, a longtime Solana developer and co-founder and CEO of Mad Lads creator Coral , told Decrypt this week that the chain’s community had “been in this very dark, very crazy kind of place” since the FTX collapse, and that it “had its soul-forging moment” in that span. ‘Honeypot Bitch’: How Mad Lads Tricked Bots Into Spending $250K on Fake NFTs Ferrante added that “NFTs are super important for the network,” and described the departure of DeLabs’ DeGods to Ethereum and y00ts to Polygon as creating a chasm in the community. “There was this void,” he explained, “where the heart and soul of the NFT space needed to kind of have a new heartbeat, basically.” In that sense, he chalked part of the buzzy Mad Lads response to coincidental timing, as the project was ready to launch just weeks after those projects effectively departed Solana. But Ferrante also credited the reputation and community goodwill that he and fellow Coral co-founder Tristan Yver had built up in the space over the years. Fock it. Mad Lad #2968 sold for 3420.69 SOL 💵 $74,742.08 USD Ξ 39.95 ETH \uea00 MadLadsNFT 🛒 https://t.co/NZ848PIoaz 🧾 https://t.co/IVzY1sCzcN pic.twitter.com/xiCUL03Gko — Mad Lads Sales Bot (@MadLads_Sales) April 26, 2023 “I think a lot of folks looked at us—and I'm just speculating here—as a credible team that can execute and that are good people, fundamentally, that care a lot about the ecosystem,” he said. Mad Lads also marked the first big drop tied to Backpack , an all-in-one wallet app from Coral that’s built around its Solana xNFT, or “executable NFT,” standard. Essentially, rather than use NFTs as an access pass to token-gated content on other platforms or websites, they can contain experiences and exclusive content that’s accessible through Backpack. Story continues The Mad Lads mint was the first big launch for Backpack, which was announced last June. For Mad Lads, Coral developed an in-app story experience that resembled “a collective boss battle” against the Mad King, almost like a raid in the hit online game World of Warcraft. It was part game, part social quest, and altogether a shared experience for NFT holders. “You don't have to worry about creating new websites for your user experience,” Ferrante said of xNFTs. “You just use the NFT, and this is an incredible opportunity for creators to build new stories and create a new meta where the artwork is no longer just a piece of artwork.” So WTF are xNFTS? pic.twitter.com/LGjvHh2JFx — Mad Armani 🎒 (@armaniferrante) June 20, 2022 “It's also a living, breathing piece of computer code that can do anything,” he added. Beyond self-contained games and other types of token-gated experiences for holders, Ferrante also sees potential for NFT project creators to “get leverage with marketplaces,” for example, trading potentially valuable screen “real estate” within their apps and pointing collectors to certain trading platforms. Backpack is available in a public beta on mobile and web right now, and while xNFTs are currently permissioned due to ongoing security audits, Ferrante said, the long-term goal is to open it up to the community for anyone to build on. “The intention is: once we're confident in the security,” he said, “we'll take the permissioning off.” Ferrante promised a wave of planned announcements ahead around Backpack, including Mad Lads-related content and experiences. And longer-term, Coral wants **Last 60 Days of Bitcoin's Closing Prices:** [23561.21, 23522.87, 23147.35, 23646.55, 23475.47, 22362.68, 22353.35, 22435.51, 22429.76, 22219.77, 21718.08, 20363.02, 20187.24, 20632.41, 22163.95, 24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-04-27 **Financial & Commodity Data:** - Gold Closing Price: $1989.90 - Crude Oil Closing Price: $74.76 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $561,387,401,269 - Hash Rate: 314795888.4508713 - Transaction Count: 418912.0 - Unique Addresses: 673213.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.59 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: DUBLIN , March 27, 2023 /PRNewswire/ -- The "Blockchain Technology Market by Use Case, Business Model, Solutions, Services and Applications in Industry Verticals 2023 - 2028" report has been added to ResearchAndMarkets.com's offering. Research and Markets Logo This report examines the technology, leading companies, and solutions in the evolving blockchain ecosystem. The report evaluates current and anticipated use cases for blockchain and assesses the market potential globally, regionally, and segmented by deployment type and industry vertical. The report also evaluates key players, solutions, and use cases. The report also assesses the prospect of integrating blockchain with other technologies including IoT and artificial intelligence. The report includes forecasts by use case, application, and industry verticals from 2023 to 2028. Select Report Findings: Distributed ledgers and other blockchain capabilities are rapidly expanding outside finance The blockchain technology market will grow at 67.4% CAGR through 2028 reaching $71 billion Substantial blockchain opportunities include data decentralization, data usage control, and encryption Consortium/hybrid blockchain will be the largest North America blockchain tech area at $8.1 billion by 2028 The preponderance of blockchain revenue will be derived from three types of services: Blockchain-as-a-Service (BaaS), Cloud Computing (hosting and data as a service), and Systems Integration Companies like Accenture will lead the charge for systems integration and companies like Amazon, Dell, HPE, and IBM will lead for BaaS and Cloud Computing. Other companies will fill important niche roles. Block technology provides a certain means of authentication, authorization, and accounting. Blockchain and related distributed authentication and accounting technologies are poised to transform ICT, and is so doing, causing substantial disintermediation across a wide variety of industry verticals. Lessons learned in FinTech and traditional banking from the deployment and operation of decentralized authentication, clearing, and settlement will be applied towards many telecom and computing problems for the benefit of many industry verticals. The impact will be wide-ranging, including everything from investing/trading to the legal cannabis industry, and very deep in terms of changes to supply chains and relationships between vendors, customers, and peers. Story continues Integration and operation of Blockchain technology will redefine how various industries operate, dramatically improving efficiencies, and reducing the cost of doing business. For example, start-up companies have been launched to provide software and microchip hardware that facilitates connected devices to operate on blockchain. Products have been designed to encrypt data, distribute information to blockchain-connected machines, and monetize these machines. One important technology integration area is the Internet of Things (IoT), which is a very promising area as we anticipate that the use of Blockchain in IoT networks/systems will be one of the most important means for authenticating and authorizing transactions. For example, HYPR provides solutions to reduce cybersecurity risks in IoT devices through its decentralized credential approach. Their products reduce the need for passwords in a centralized server, replacing them with biometric and other password-free solutions. This provides for IoT devices that are virtually unhackable from a social engineering perspective. Another important area for blockchain in telecommunications is resource identity including tracking ownership and care of custody of assets such as telephone numbers. Developments in this area may be leveraged to dramatically improve enterprise identity verification for voice and non-voice communications to consumers. We also see Blockchain as a Service (BaaS) representing a key service offering for many market segments as a means of solution introduction and scalability via a cloud services model. For example, AI in supply chain management solutions combined with blockchain technology market solutions to dramatically improve SCM. Key Topics Covered: 1.0 Executive Summary 2.0 Introduction 3.0 Blockchain Ecosystem and Marketplace 3.1 Blockchain Types and Stakeholders 3.2 Blockchain Applications 3.2.1 Financial Services 3.2.2 Non-Financial Services 3.3 Blockchain Application in Industry Verticals 3.3.1 Financial Industries 3.3.2 Manufacturing and FMCG 3.3.3 Government and Public Sectors 3.3.4 Healthcare and Life Science 3.3.5 Telecommunication, Media, and IT 3.3.6 Automotive Vehicles and Transportation 3.3.7 Retail and E-Commerce 3.3.8 Other Sectors 3.4 Blockchain in Internet of Things 3.5 Blockchain as a Service 3.6 Blockchain Stakeholders in ICT 3.7 Blockchain to Improve Cybersecurity 3.8 Blockchain Investment Analysis 3.9 Important Blockchain Consortia and Associations 3.9.1 R3cev Blockchain Consortium 3.9.2 Post Trade Distributed Ledger Group 3.9.3 Hyperledger Project 3.9.4 Global Payments Steering Group 3.9.5 Financial Blockchain Shenzhen Consortium 3.9.6 Cu Ledger 3.9.7 Blockchain Collaborative Consortium 3.9.8 Wall Street Blockchain Alliance 3.9.9 Japan Blockchain Association 3.9.10 Korea Financial Investment Association 3.9.11 Nimbrix Consortium 3.9.12 B3i 3.10 Blockchain Solutions in Industry Verticals 3.10.1 Japan Exchange Group Blockchain Consortium 3.10.2 Walmart Blockchain for Food Safety 3.10.3 Ubitquity Blockchain in Real Estate 3.10.4 HYPR and Blockchain Biometrics 3.10.5 Whaleclub Trading Supported by Blockchain 3.10.6 EasyBit Expands Bitcoin ATM Network to Vietnam 3.10.7 Blockchain Technology as Medium to Declare Love and Marriage 3.10.8 Bitcoin Boosts Solar Energy Industry 3.10.9 LO3 Energy and Siemens Blockchain for Microgrids 3.10.10 MasterCard Blockchain APIs 3.10.11 ConsenSys and UAE Partnership for Blockchain Projects 3.10.12 People's Bank of China Digital Currency 3.10.13 China Halts withdrawals of Bitcoin 3.10.14 Huiyin Group Bitcoin Fund 3.10.15 BitFury Group and Blockchain 3.10.16 Reserve Bank of India Blockchain Technology for Trade Applications 3.10.17 YES Bank to Multi-nodal Blockchain Solution for Bajaj Electricals 3.10.18 European Bank Digital Trade Chain 3.10.19 BTL Group to Test Interbit Platform with Energy Companies 3.10.20 BNP Paribas Test Blockchain-Based Real-Time Corporate Payments 3.10.21 WISeKey to Establish IoT Blockchain Center of Excellence 3.10.22 ARK Crew Testnet for Blockchain 3.10.23 ICICI Bank and NBD Blockchain-based Transactions 3.10.24 PAXOS Blockchain for Gold Settlement with Euroclear 3.10.25 Microsoft and BAML Blockchain Improve Trade Finance 3.10.26 Mahindra Group Blockchain Solution with IBM 3.10.27 Chitkara University Blockchain for E-Documents 3.10.28 UBS Expands Blockchain in China 3.10.29 IBM China and UnionPay Permissioned Blockchain Network 3.10.30 IBM and Beijing Energy-Blockchain Labs Use Blockchain for Carbon Trading 3.10.31 European Central Bank and Japan Central Bank Explore Blockchain 3.10.32 OneCoin Enhanced Blockchain 3.10.33 Sompo Japan Use Blockchain for Catastrophe and Weather Derivatives 3.10.34 Tech Bureau and Zaif Bitcoin Exchange 3.10.35 Hitachi and BTMU Utilize Blockchain to Bank Check 3.10.36 Senegal National Digital Currency 3.10.37 Singapore Blockchain for Electronic Payment System 3.10.38 Accenture and Digital Asset Holdings Blockchain Practice 3.10.39 RISE Financial Technologies Post-Trade Blockchain Technology 3.10.40 VISA to Introduce Blockchain-Based Solution for Payment Services 3.10.41 Chain Inc. Released Open Source Blockchain Protocol 3.10.42 Colu and Blockchain-Based Currencies 3.10.43 DigitalX Partnership with Telefonica 3.10.44 Eris Industries Partners with Ledger Improve Blockchain Hardware Security 3.10.45 Monax Industries Partnership with Ledger for Blockchain Hardware Security 3.10.46 German Central Bank, Deutsche Bundesbank Blockchain Trading Prototype 3.10.47 UK Trials Blockchain Welfare Payment System 3.10.48 Santander Blockchain for International Payments 3.10.49 Electron Ethereum Blockchain in UK Energy Sector 3.10.50 Bank of Russia Tests Masterchain 3.10.51 GoCoin Merges with Ziftr 3.10.52 Tunisia National Payment Platform 3.10.53 Digital Asset Acquired Elevence 3.10.54 NASDAQ Blockchain in Private Market with Chain Inc. 3.10.55 AlphaPoint Blockchain Tool for Banks 4.0 Blockchain Market Dynamics 4.1 Market and Technology Drivers 4.1.1 Increased Blockchain within Traditional Financial Institutions 4.1.2 Digitization for Improved Service Realization and Error Prevention 4.1.3 Cloud-based Service Delivery Models 4.2 Challenges and Opportunities 4.2.1 Security Issues 4.2.2 Regulation and Governance 4.2.3 Mergers and Acquisitions 5.0 Blockchain Market Case Studies 5.1 Blockchain Asset Management and Real Estate Case Study 5.2 Blockchain Case Study for Government in the UAE 5.3 Honeywell Aerospace creates online parts marketplace with Hyperledger Fabric 5.4 SGX Used Amazon Managed Blockchain for an Innovative Payment Solution 5.5 Zug Digital ID Case Study 5.6 ING Group: KYC System on Blockchain 5.7 Streamlining Efficiency in Logistics with IoT Blockchain 5.8 Palm Oil Industry Case Study Using Blockchain and IoT 6.0 Blockchain Market Outlook and Forecasts 2023 - 2028 6.1 Global Market Forecast 2023 - 2028 6.2 Blockchain Markets by Solution 2023 - 2028 6.3 North America Blockchain Technology Markets 2023 - 2028 6.4 Europe Blockchain Technology Markets 2023 - 2028 6.5 Asia Pacific Blockchain Technology Markets 2023 - 2028 6.6 Middle East & Africa Blockchain Technology Markets 2023 - 2028 6.7 Latin America Blockchain Technology Markets 2023 - 2028 7.0 Blockchain Vendor Analysis 7.1 21, Inc. 7.1.1 Company Overview 7.1.2 Recent Development 7.2 Accenture 7.3 Abra, Inc. 7.4 Alphapoint Corporation 7.5 Amazon 7.6 Baidu 7.7 Bitfury Group 7.8 Blockchain Global Limited 7.9 BlockCypher, Inc. 7.10 Bloq 7.11 BTL Group (Blockchain Tech Ltd.) 7.12 Interstellar, Inc. 7.13 Cir... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Despite some recent struggles, New York Bitcoin miner Greenidge today announced it was emerging from hard times to expand operations through a partnership with Core Scientific.\nIn an announcement Thursday, the minersaidthat Core Scientific will host 6,914 of Greenidge’s mining rigs as part of a one-year partnership. Core Scientific is a miner with facilities in Dalton, Georgia, and Calvert City, Kentucky.\nGreenidge, which is based in Upstate New York, will also install an additional 1,500 company-owned miners at its existing facilities.\nAs recently as December, the minersaidit had “substantial doubt” about its capacity to continue as a business. By January, the company managed to ink a deal with NYDIG and B. Riley that reduced its corporate debt by $61 million. Prior to that, the company was consideringvoluntary bankruptcyin the midst of a relentless bear market. It hasn't helped either that Greenidge has become acontroversial company, drawing attention fromactivists and legislators who have criticized the miner for its environmental practices.\nAnd last year, the New York Department of Environmental Conservation (DEC) denied Greenidge’s air permit renewal, citing issues like its failure to prove “adequate GreenHouse Gas (GHG) mitigation measures.” The company's now challenging that denial in court.\nNow, with Thursday's announcement, the miner says it has turned a page. Chief Executive Officer of Greenidge Dave Anderson said in a release that the Core Scientific partnership “will significantly improve our profitability as we move forward.”\nBitcoin mining, whichinvolves using powerful computers to verify transactions on the blockchain, has been hit hard by the current bear market. The price of Bitcoin has tumbled a long way from its all-time high of $69,044, which it saw in November 2021. Since then, mining operations have struggled to make profit.\nMiners are usually big operations consisting of warehouses hosting expensive computer machinery. A number of operations have had to sell their Bitcoin rewards or close down completely.\nEditor's Note: This article was updated to clarify that Greenidge considered bankruptcy because of the bear market, not criticism from activists and or lawmakers, and that it is challenging the denial of air permit renewal.", "Despite some recent struggles, New York Bitcoin miner Greenidge today announced it was emerging from hard times to expand operations through a partnership with Core Scientific. In an announcement Thursday, the miner said that Core Scientific will host 6,914 of Greenidge’s mining rigs as part of a one-year partnership. Core Scientific is a miner with facilities in Dalton, Georgia, and Calvert City, Kentucky. Greenidge, which is based in Upstate New York, will also install an additional 1,500 company-owned miners at its existing facilities. As recently as December, the miner said it had “substantial doubt” about its capacity to continue as a business. By January, the company managed to ink a deal with NYDIG and B. Riley that reduced its corporate debt by $61 million. Prior to that, the company was considering voluntary bankruptcy in the midst of a relentless bear market. It hasn't helped either that Greenidge has become a controversial company , drawing attention from activists and legislators who have criticized the miner for its environmental practices. And last year, the New York Department of Environmental Conservation (DEC) denied Greenidge’s air permit renewal, citing issues like its failure to prove “adequate GreenHouse Gas (GHG) mitigation measures.” The company's now challenging that denial in court. What the Next Level of Bitcoin Mining Difficulty Will Bring Now, with Thursday's announcement, the miner says it has turned a page. Chief Executive Officer of Greenidge Dave Anderson said in a release that the Core Scientific partnership “will significantly improve our profitability as we move forward.” Bitcoin mining , which involves using powerful computers to verify transactions on the blockchain, has been hit hard by the current bear market. The price of Bitcoin has tumbled a long way from its all-time high of $69,044, which it saw in November 2021. Since then, mining operations have struggled to make profit. Miners are usually big operations consisting of warehouses hosting expensive computer machinery. A number of operations have had to sell their Bitcoin rewards or close down completely. Editor's Note: This article was updated to clarify that Greenidge considered bankruptcy because of the bear market, not criticism from activists and or lawmakers, and that it is challenging the denial of air permit renewal.", "Despite some recent struggles, New York Bitcoin miner Greenidge today announced it was emerging from hard times to expand operations through a partnership with Core Scientific.\nIn an announcement Thursday, the minersaidthat Core Scientific will host 6,914 of Greenidge’s mining rigs as part of a one-year partnership. Core Scientific is a miner with facilities in Dalton, Georgia, and Calvert City, Kentucky.\nGreenidge, which is based in Upstate New York, will also install an additional 1,500 company-owned miners at its existing facilities.\nAs recently as December, the minersaidit had “substantial doubt” about its capacity to continue as a business. By January, the company managed to ink a deal with NYDIG and B. Riley that reduced its corporate debt by $61 million. Prior to that, the company was consideringvoluntary bankruptcyin the midst of a relentless bear market. It hasn't helped either that Greenidge has become acontroversial company, drawing attention fromactivists and legislators who have criticized the miner for its environmental practices.\nAnd last year, the New York Department of Environmental Conservation (DEC) denied Greenidge’s air permit renewal, citing issues like its failure to prove “adequate GreenHouse Gas (GHG) mitigation measures.” The company's now challenging that denial in court.\nNow, with Thursday's announcement, the miner says it has turned a page. Chief Executive Officer of Greenidge Dave Anderson said in a release that the Core Scientific partnership “will significantly improve our profitability as we move forward.”\nBitcoin mining, whichinvolves using powerful computers to verify transactions on the blockchain, has been hit hard by the current bear market. The price of Bitcoin has tumbled a long way from its all-time high of $69,044, which it saw in November 2021. Since then, mining operations have struggled to make profit.\nMiners are usually big operations consisting of warehouses hosting expensive computer machinery. A number of operations have had to sell their Bitcoin rewards or close down completely.\nEditor's Note: This article was updated to clarify that Greenidge considered bankruptcy because of the bear market, not criticism from activists and or lawmakers, and that it is challenging the denial of air permit renewal.", 'Join the most important conversation in crypto and web3! Secure your seat today Good morning. Here’s what’s happening: Prices: Bitcoin steadies itself comfortably above $29K. One analyst says that investors are now looking for assets that retain their value. Insights: Captain Kirk drops his first NFT collection and speaks boldly about crypto\'s potential in a Consensus 2023 discussion. Prices CoinDesk Market Index (CMI) 1,252 +17.3 ▲ 1.4% Bitcoin (BTC) $29,553 +709.8 ▲ 2.5% Ethereum (ETH) $1,912 +15.5 ▲ 0.8% S&P 500 4,135.35 +79.4 ▲ 2.0% Gold $1,998 +7.7 ▲ 0.4% Nikkei 225 28,457.68 +41.2 ▲ 0.1% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,252 +17.3 ▲ 1.4% Bitcoin (BTC) $29,553 +709.8 ▲ 2.5% Ethereum (ETH) $1,912 +15.5 ▲ 0.8% S&P 500 4,135.35 +79.4 ▲ 2.0% Gold $1,998 +7.7 ▲ 0.4% Nikkei 225 28,457.68 +41.2 ▲ 0.1% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin Holds Above $29K; Ether Rises Over $1.9K Bitcoin set aside its concerns about renewed banking unrest and slowing U.S. economic growth to hold comfortably above $29,000 throughout U.S. trading hours on Thursday. The largest cryptocurrency by market capitalization was recently trading at about $29,500, up roughly 2.2% over the past 24 hours. BTC topped $30,000 at one point, near its earlier week highs but still well off its April peak close to $31,000. Still, investors seem to have forgotten Wednesday\'s dramatic seesawing when the crypto dipped to around $27,200 amid a mass liquidation of short and long positions and separate unfounded rumors of bitcoin sales – by the U.S. government and of crypto from failed exchange Mt. Gox – before rebounding. Since spiking approximately 40% in January, bitcoin and other cryptos have been stubbornly resistant to industry mishaps and wider macroeconomic uncertainty. "The operative word here is resilience," said Michael Sonnenshein, CEO at crypto asset management company Grayscale Investments, told CoinDesk TV on the opening day of the Consensus 2023 conference in Austin, Texas. "Despite recent setbacks whether it be trust or certain businesses that were once integral to crypto that are no longer around, what we\'re seeing is resilience." Story continues Sonnenshein added: "It\'s really encouraging time and again as this industry gets challenged, it demonstrates its strengths and comes out stronger." Grayscale and CoinDesk share the same parent company, Digital Currency Group. Ether was recently trading above $1,910, up about 0.8% from Wednesday, same time. Other major cryptocurrencies were recently up marginally little more than 36 hours after they had fallen well into the red. The CoinDesk Market Index , a measure of crypto markets performance, recently climbed 0.8%. U.S. equity markets rose as surprisingly strong earnings from tech giants Microsoft, Google parent Alphabet and, most recently Meta Platforms, trumped concerns about unexpectedly sluggish 1.1% growth in first-quarter GDP and the struggles of regional b **Last 60 Days of Bitcoin's Closing Prices:** [23522.87, 23147.35, 23646.55, 23475.47, 22362.68, 22353.35, 22435.51, 22429.76, 22219.77, 21718.08, 20363.02, 20187.24, 20632.41, 22163.95, 24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-04-28 **Financial & Commodity Data:** - Gold Closing Price: $1990.10 - Crude Oil Closing Price: $76.78 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $570,507,906,719 - Hash Rate: 355961504.6329083 - Transaction Count: 483522.0 - Unique Addresses: 725813.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.64 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Pune, India - ( NewMediaWire ) - March 9, 2023 - Cryptocurrency Market information for each competitor includes (Bitfury Group Limited, Ripple Labs Inc., BitGo, Bitstamp, OKEx, Coinbase Inc., BitPay Inc, Circle Internet Financial Limited, Unocoin Technologies Private Limited) Company Profile, Main Business Information, SWOT Analysis, Price and Gross Margin, Market Share, Retailing, IIII industry and has 102 pages in it. Short Description About Cryptocurrency Market: The global Cryptocurrency market size was valued at USD 1004.79 million in 2022 and is expected to expand at a CAGR of 13.66% during the forecast period, reaching USD 2166.85 million by 2028. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment markets by type, application and region, and, as a result, provides a holistic view of, as well as a deep insight into the Cryptocurrency market covering all its essential aspects. For the competitive landscape, the report also introduces players in the industry from the perspective of the market share, concentration ratio, etc., and describes the leading companies in detail, with which the readers can get a better idea of their competitors and acquire an in-depth understanding of the competitive situation. Further, mergers & acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts will all be considered. In a nutshell, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the market in any manner. Cryptocurrency Market 2023 research is a key process that helps businesses gather and analyze information about their target Cryptocurrency market, customers, competitors, and industry trends. Ask for Sample Report Here are some important aspects of the Cryptocurrency market 2023 to 2028 : Story continues Define the Research Objectives: The first step in Cryptocurrency market is to define the research objectives. This involves determining the specific questions that need to be answered and the information that needs to be gathered. Identify the Target Market: Businesses must identify their target Cryptocurrency market and understand their needs, preferences, and behaviors. This can involve segmenting the market based on factors such as demographics, psychographics, and geographic location. Select the Research Methodology: There are many different Cryptocurrency market methodologies that can be used, such as surveys, focus groups, and observational research. The methodology selected will depend on the research objectives and the type of data that needs to be collected. Collect Data: Once the Cryptocurrency market methodology has been selected, data can be collected using various techniques such as online surveys, phone interviews, or in-person focus groups. It is important to ensure that the data collected is reliable, valid, and representative of the target market. Analyze the Data: Once the data has been collected, it needs to be analyzed to identify trends, patterns, and insights. This can involve statistical analysis or qualitative analysis of open-ended responses. Get a Sample PDF of the report @ https://www.absolutereports.com/enquiry/request-sample/22357636 Draw Conclusions and Make Recommendations: Based on the analysis of the data, businesses can draw conclusions and make recommendations for future actions. This could include changes to product offerings, marketing strategies, or business operations. Continuously Monitor and Adapt: Markets are constantly changing, so it is important for businesses to continuously monitor their performance and adapt their strategies as needed to stay competitive. Overall, the Cryptocurrency market is an important process that can provide businesses with valuable insights and inform important business decisions. Topmost manufacturers/ Key player/ Economy by Business Leaders Leading Players of Cryptocurrency Market Are: Bitfury Group Limited Ripple Labs Inc. BitGo Bitstamp OKEx Coinbase Inc. BitPay Inc Circle Internet Financial Limited Unocoin Technologies Private Limited Get a Sample Copy of the Cryptocurrency Report 2023 Complete Cryptocurrency Market Report The global Complete Cryptocurrency Market report examines various tendencies, obstructions, and challenges faced by the key competitors of the Complete Cryptocurrency market. The report has been constructed considering the major outcomes and consequences of the market. Applications covered in the report are: Peer-to-Peer Payment Retail Trading Remittance Ecommerce Payment This is based on the existing Cryptocurrency market conditions and past data. Researchers have analysed every type of data and the participants, as well as, principals apart from geological areas and product type. Bitcoin Altcoins Why Companies Worldwide Rely on us to Grow and Put up with Revenues: - Cryptocurrency market Expertise: Companies may partner with other companies that have specific expertise or knowledge in an area that the first company lacks. Cryptocurrency market Cost savings: Collaborating with another company can help to reduce costs for both parties. Cryptocurrency market Access to new: Partnering with a company that has a strong presence in a new market can help a company expand its reach and customer base. Cryptocurrency market Innovation: Collaborating with other companies can lead to the development of new products, services, or technologies that can help to drive growth and revenue. Cryptocurrency market Resources: By partnering with another company, a company can gain access to additional resources, such as funding or talent that can help them achieve their growth and revenue goals. Get a Sample PDF of the report @ https://www.absolutereports.com/enquiry/request-sample/22357636 How are the COVID-19 pandemic and the Russia-Ukraine conflict? Supply chain disruptions: The COVID-19 pandemic and the ongoing conflict between Russia and Ukraine could disrupt supply chains, leading to shortages of goods and materials. This could impact the ability of B2B companies to produce and deliver products to their customers. Changes in consumer behavior: The pandemic has led to significant changes in consumer behavior, with more people shopping online and prioritizing health and safety. This could lead to shifts in demand for certain types of products and services, which could impact B2B companies that supply those products and services. Economic uncertainty: The pandemic and the conflict between Russia and Ukraine could lead to economic uncertainty, which could impact the willingness of businesses to invest in new projects and purchases. This could lead to a slowdown in B2B sales and revenue growth. Political instability: The conflict between Russia and Ukraine could lead to political instability in the region, which could have wider impacts on global trade and economic activity. This could create challenges for B2B companies that rely on international markets and supply chains. TO KNOW HOW COVID-19 PANDEMIC AND RUSSIA UKRAINE WAR WILL IMPACT THIS MARKET - REQUEST SAMPLE Here are the important points covered in the Cryptocurrency market: Please find out the industry will change till 2028 according to our predictions Understand the historical, current, and future prospects of the Cryptocurrency Market Understand how sales volumes, Global share and growth of the Cryptocurrency Market will occur in the next five years. Read product descriptions of Cryptocurrency products, along with report scopes and upcoming trends in the industry. Learn about key growth factors of the Cryptocurrency industry Get a comprehensive analysis of the drivers, risks, opportunities and restrains to growth of the Cryptocurrency Get to know about the leading Market players, both current and emerging in the Global Cryptocurrency Report Answers Following Questions: What are the important R&D (Research and Development) factors and data identifications to responsible for rising market share? What are future investment opportunities in the in Cryptocurrency landscape analysing price trends? Which are most dynamic companies with ranges and recent development within Cryptocurrency Market till 2024? In what way is the market expected to develop in the forthcoming years? What are the principal issues that will impact development, including future income projections? What are the market opportunities and potential risks associated with Cryptocurrency by analyzing trends? Get a Sample PDF of report @ https://www.absolutereports.com/enquiry/request-sample/22357636 Key Reasons to Purchase To gain insightful analyses of the market and have a comprehensive understanding of the global Cryptocurrency Market and its commercial landscape. Assess the production processes, major issues, and solutions to mitigate the development risk. To understand the most affecting driving and restraining forces in the Cryptocurrency Market and its impact in the global market. Learn about the Cryptocurrency Market strategies that are being adopted by leading respective organizations. To understand the future outlook and prospects for the Cryptocurrency Market. Besides the standard structure reports, we also provide custom research according to specific requirements Purchase this Report (Price UUUU USD for a Single-User License) https://www.absolutereports.com/purchase/22357636 Contact Us: Organization: Absolute Reports Web: www.absolutereports.com Email: [email protected] Phone: US +1 424 253 0807 / UK +44 203 239 8187... - Reddit Posts (Sample): [['u/OrsaMinore2010', 'Steelman against crypto in general, video format.', 26, '2023-04-28 01:01', 'https://www.reddit.com/r/ergonauts/comments/131admo/steelman_against_crypto_in_general_video_format/', "Here is a video by a guy named James Jani, which does a pretty good job of explaining and criticizing cryptocurrencies, tokens, nft's, and web 3, as well as bitcoin itself.\n\n[https://www.youtube.com/watch?v=ORdWE\\_ffirg](https://www.youtube.com/watch?v=ORdWE_ffirg)\n\nI think it is very well done, though I obviously don't agree with all the conclusions.\n\nI'm sure this post would be immediately stricken from r/cc, but here I might get away with posting it and asking for you to acknowledge what we're up against with Gensler, the SEC, the Biden administration, and the general public (in addition to the r/buttcoin crowd.\n\nTL;DW in the comments.", 'https://www.reddit.com/r/ergonauts/comments/131admo/steelman_against_crypto_in_general_video_format/', '131admo', [['u/ErwinDurzo', 13, '2023-04-28 02:48', 'https://www.reddit.com/r/ergonauts/comments/131admo/steelman_against_crypto_in_general_video_format/jhzs6ha/', "You can also make a compelling argument that western civilization as a whole is bound for a huge shift and that central banking and thus the fiat system itself is flawed, we could go on for days down this rabbit hole, I'm sure most of us have done so at some point.\n\nIf you read authors that follow the Austrian school of economics for instance, the logical conclusion is pretty much what I just said, and there are hundreds of well thought-out, internally sound books on the subject, and they not only explain currency crashes of the past but also predict a few of the crises we've gone through decades after such predictions were made, which is a hallmark of a good theory of reality\n\nThis is not a black and white subject, we have competing theories successfully explain a lot of things that have happened to currencies and societies so far, the only way to gather more evidence on whether or not we're right is to make predictions using our mental model and then, many years later, find out whether those predictions turned out to be true.\n\nAnyway, in this grey mess the reason I choose to side with crypto ( especially bitcoin and later with ergo ) is because I believe that individual sovereignty tends to lead to more prosper outcomes, which has usually been the case throughout history. Thus, due to something akin to an economic darwinism, systems that highlight this level of personal freedom will prosper eventually, even if it takes a black swam event that destroys the more fragile ones and instead of hurting, \\*helps\\* crypto.\n\nI haven't addressed his bullet points specifically because I think finding the truth through that lens is not a computable problem, society is simply too complex - maybe an ASI could do it -, we need instead to focus on what the incentives are and make a high level prediction about what these systems tend to converge to given enough entropy and time, and then we'll know which mental models of reality are better, because the best one will make the best predictions.", '131admo']]], ['u/wpeironnet', 'First Republic Bank Run Scare Pumping Bitcoin Will Not Be the Last Bank Run Scare to Effect the Markets.', 49, '2023-04-28 01:51', 'https://www.reddit.com/r/CryptoCurrency/comments/131bloq/first_republic_bank_run_scare_pumping_bitcoin/', 'Over the last couple days we have all seen the articles about First Republic Bank possibly going under due to bank runs and mismanagement of assets. \n\nFirst Republic is the 18th largest banks in the US. Ranked 18 in the entire USA, that is massive. \n\nThis should be giving us a taste of what is to come. You can be certain that other large banks are being effected as while as plenty of smaller banks with smaller assets.\n\nThe next fed meeting is likely to increase rates once again which is putting on further pressure and the more fear of bank runs being published makes it more likely to grow the issue. For these reasons I suspect more bank runs to come.\n\nWhen banks fail gold’s price goes. Bitcoin is the hold of crypto which holds value. As we’ve seen with FRB Bitcoins price is pumping as people become fearful of banks and with possibly more fear to come I suspect Bitcoins price may continue raising.\n\nThis is all just food for thought you’re gonna wanna keep a sharp eye on the fed meetings, banks earnings, and price actions for BTC. Exciting and scary times.', 'https://www.reddit.com/r/CryptoCurrency/comments/131bloq/first_republic_bank_run_scare_pumping_bitcoin/', '131bloq', [['u/jorneyp', 17, '2023-04-28 01:55', 'https://www.reddit.com/r/CryptoCurrency/comments/131bloq/first_republic_bank_run_scare_pumping_bitcoin/jhzl3yi/', 'We really don’t want all the banks to collapse …it will chaos', '131bloq'], ['u/jhung713', 10, '2023-04-28 01:55', 'https://www.reddit.com/r/CryptoCurrency/comments/131bloq/first_republic_bank_run_scare_pumping_bitcoin/jhzl5z3/', 'TLDR: buy more bitcoin.', '131bloq']]], ['u/Significant_Room4148', 'When you buy Bitcoin, who gets your payment?', 100, '2023-04-28 03:26', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/', 'Where does my money go? Who receives it?', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/', '131dqe4', [['u/Tipyapha', 105, '2023-04-28 03:37', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/jhzz5w7/', 'Bitcoin CEO', '131dqe4'], ['u/sciencetaco', 22, '2023-04-28 03:59', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/ji02c3q/', "When you buy milk or bread...who gets it?\n\nThe person selling it to you.\n\nIf you're buying on an exchange, then it's going to the other person/people who placed sell orders at that price point. Exchanges match buyers and sellers.", '131dqe4'], ['u/technotrader', 47, '2023-04-28 04:09', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/ji03rdm/', 'Most of it goes to the person who sold you the Bitcoin. In case of exchanges, they - as the middle man - skim a little bit from the both of you.', '131dqe4'], ['u/jonesmatty', 336, '2023-04-28 05:03', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/ji0ayg7/', "While this may seem like a stupid question to many people on the sub, it isn't wise to mock people that don't understand how exchanges work. If you want Bitcoin for all, you need to make allowances for people that do not understand how money works. This includes how exchanges and trading work in general. \n\nTo the OP, the person that gets the dollars or euros or whatever currency your trading for Bitcoin is the person that is selling it to you minus a small transaction fee paid to the intermediary such as the exchange.", '131dqe4'], ['u/Secret_Fox_5192', 16, '2023-04-28 05:14', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/ji0c7zl/', 'That’s a scammer. His real name is Bitoshi Nutamoto.', '131dqe4'], ['u/Steal-Rain', 42, '2023-04-28 05:40', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/ji0fat0/', "I think the concern is how did they get the Bitcoin for them to buy it, and how do we know it's real Bitcoin.\n\n This question was presented to me and I couldnt answer it. Because all they understood was you have to mine bitcoin to receive it as a reward. \n\nAnd that's all i could bridge for them. They have a pool where the bitcoin they mine is sold and traded for currency.", '131dqe4'], ['u/Significant_Room4148', 56, '2023-04-28 05:48', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/ji0g6jj/', 'Ya that’s what I’m trying to ask. Forgive my ignorance I am not very formally educated due to religious reasons', '131dqe4'], ['u/JeremyBF', 27, '2023-04-28 06:16', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/ji0j5xo/', "At the very start the only way to get BTC was to mine, this could be done using a standard home computer at the time. It wasn't until several years later that exchanges were set up to allow buying and selling.", '131dqe4'], ['u/WorldSpark', 42, '2023-04-28 09:12', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/ji0xy05/', 'To start with - you pay exchange your $ and they give you bitcoin - from where did this exchange got that bitcoin, if that is the question then FYI - bitcoin is mined (produced) every 10 minutes (6.25 btc every 10 minutes) by a process called mining. The person who does mining deployed computer hardware and electricity to run the mining process, this is hardware intensive and costly. As soon as a bitcoin is mined (produced ) it is registered on a ledger called blockchain. To get return on its investment he sells the bitcoin to whoever wants to buy. This selling and buying is facilitated by crypto exchanges who charges little fee for the transaction. \n\nNow when you buy, you pay the money to exchange who will in-turn pay this money $ to bitcoin miner who has produced it in the first place. \n\nFurther more - the mining (producing ) bitcoin is done by running bitcoin code - the code is available for anyone to download and run. Those people running the code are competing among themselves to get the newly to be produced bitcoin as only 6.25 btc will be produced. The more hardware you deploy the more chances you have to get that newly mined bitcoins. \n\nThis 6.25 btc started at 50 btc in 2009, and it gets halved every 4 years . In 2024 this will be reduced to 3.125 bitcoin roughly every 10 minutes. Which will further half in 2028. \n\nWho decided all this - the person/group/organization/entity who wrote bitcoin code (computer program). He/she is unknow... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['While I had a Creative Commons Zero PFP for some time (an Mfer) pictured here:\nI sold and inscribed it on a satoshi (a millionth of a Bitcoin) and under 100,000 inscription number (#75499). Since ordinals theory uses sequential numbers, the lower the number, the more coveted, so I sold my Mfer on Ether and used the funds to inscribe the same image with a slight modification on Bitcoin using thegamma.iomarketplace at the time.\nI could have done this because Mfers are on aCC0 licenseand that means I have the right to use the image in any way that I want because the creator of the art waived all copyright protections on the art and put it in the public domain. In fact, allMfersare CC0 so I don’t even need to own the non-fungible tokens (NFT) to be able to use any image in the entire collection. So, in theory, I could right-click and save any image in the collection and use it however I’d like. I could put one of the rarest ones on a T-shirt and sell it if I wanted.\nThe creator of Mfers (Sartoshi) did this to propagate the art into the mind space of everyone and anyone who wanted to experiment with the brand. In this small world we live in, the corner of NFTs, having your brand multiply and grow is a genius move, in my opinion. The number of derivative collections using Mfer art exploded as a result.Creyziesis the “official” derivative, but there are at least 20 more.\xa0 This is especially so if the art is simple and iconic because it gives other creative people in the space a canvas on which to use that art to build.\nOn the other hand, CryptoPunks, Bored Apes, Nakamigos, and Wonderpals have a commercial IP license which means ONLY the owner of the NFT can use the art associated with the NFT they own. They can sell items commercially or use the image to represent their brand.\nAs a CMO, I get why this is important. However, it only works for the winners in the PFP space. For every 1000 PFPs with commercial licenses on the art, maybe only 5 are recognizable, coveted, and brandable as a viable commercial opportunity with mass appeal.\nThe ones that make this top 5, even top 10, have very exciting futures. For example, Wonderpals hired a company whose strength is creating internationally appealing household name brands and here’s a screenshot of an announcement in their Discord.\nHow can that not be exciting for the NFT holder?\nThe latest Nakamigos collection went out of its way to include the CC0 native Mfer community in their mint but made it a point in their marketing to assert that commercial rights for the holder are intact.\nI’ve also seenBored Apesuse their apes commercially as well. As a coffee brand, consulting business, and even afast food franchise.\nIf the Web3 community is creating the brands that the future generation will trust and interact with, and eventually purchase from, then these silly PFPs which we thought of as a waste of time, are potentially valuable and exciting to own.\nThe PFP communities of the winning brands all of a sudden become a decentrally minded hybrid company, if they leverage and shepherd their brand the right way.\nTo me that’s exciting, and I have a feeling that others are feeling the same.\nHave a great weekend and touch grass…\nIt’s Spring and it’s glorious!\n(The writer of this commentary owns several Wonderpals and Nakamigos NFTs)', 'While I had a Creative Commons Zero PFP for some time (an Mfer) pictured here: Screenshot of Mfer NFT I sold and inscribed it on a satoshi (a millionth of a Bitcoin) and under 100,000 inscription number (#75499). Since ordinals theory uses sequential numbers, the lower the number, the more coveted, so I sold my Mfer on Ether and used the funds to inscribe the same image with a slight modification on Bitcoin using the gamma.io marketplace at the time. I could have done this because Mfers are on a CC0 license and that means I have the right to use the image in any way that I want because the creator of the art waived all copyright protections on the art and put it in the public domain. In fact, all Mfers are CC0 so I don’t even need to own the non-fungible tokens (NFT) to be able to use any image in the entire collection. So, in theory, I could right-click and save any image in the collection and use it however I’d like. I could put one of the rarest ones on a T-shirt and sell it if I wanted. The creator of Mfers (Sartoshi) did this to propagate the art into the mind space of everyone and anyone who wanted to experiment with the brand. In this small world we live in, the corner of NFTs, having your brand multiply and grow is a genius move, in my opinion. The number of derivative collections using Mfer art exploded as a result. Creyzies is the “official” derivative, but there are at least 20 more.\xa0 This is especially so if the art is simple and iconic because it gives other creative people in the space a canvas on which to use that art to build. On the other hand, CryptoPunks, Bored Apes, Nakamigos, and Wonderpals have a commercial IP license which means ONLY the owner of the NFT can use the art associated with the NFT they own. They can sell items commercially or use the image to represent their brand. As a CMO, I get why this is important. However, it only works for the winners in the PFP space. For every 1000 PFPs with commercial licenses on the art, maybe only 5 are recognizable, coveted, and brandable as a viable commercial opportunity with mass appeal. Story continues The ones that make this top 5, even top 10, have very exciting futures. For example, Wonderpals hired a company whose strength is creating internationally appealing household name brands and here’s a screenshot of an announcement in their Discord. Screenshot of announcement in at Wonderpals Discord channel. How can that not be exciting for the NFT holder? The latest Nakamigos collection went out of its way to include the CC0 native Mfer community in their mint but made it a point in their marketing to assert that commercial rights for the holder are intact. Image: Nakamigos I’ve also seen Bored Apes use their apes commercially as well. As a coffee brand, consulting business, and even a fast food franchise . If the Web3 community is creating the brands that the future generation will trust and interact with, and eventually purchase from, then these silly PFPs which we thought of as a waste of time, are potentially valuable and exciting to own. The PFP communities of the winning brands all of a sudden become a decentrally minded hybrid company, if they leverage and shepherd their brand the right way. To me that’s exciting, and I have a feeling that others are feeling the same. Have a great weekend and touch grass… It’s Spring and it’s glorious! (The writer of this commentary owns several Wonderpals and Nakamigos NFTs)', '• US stocks rose on Friday, boosted by a streak of strong earnings reports.\n• 79% of S&P 500 companies that reported earnings have beated estimates, according to FactSet.\n• Investors digested fresh bank weakness amid reports that First Republic is headed for FDIC receivership.\nUS stocks gained on Friday with the Dow Jones Industrial Average wrapping up its best month since January as first quarter earnings surprise to the upside, helping investors sidestep fresh concerns about the banking sector.\nAll three major indexes ended the day in the green, with the Dow locking in a gain of 2.5% for the month of April.\nSo far, more than half of all companies in the S&P 500 have reported their financials for the first quarter, with 79% of companies that have reported earnings beating estimates, according to data fromFactSet.\nInvestors were hit with a new bout of banking sector worries Friday as reports said that First Republic Bank is likely headed for a takeover by the Federal Deposit Insurance Corporation.First Republic shares tanked as much as 52%during the session.\nHere\'s where US indexes stood at the 4:00 p.m. ET close on Friday:\n• S&P 500:4,169.58, up 0.83%\n• Dow Jones Industrial Average:34,098.95, up 0.81% (272.79 points)\n• Nasdaq Composite:12,226.58, up 0.69%\nData on Friday also showed the Personal Consumption Expenditures index, the Fed\'s preferred measure of inflation, rose just 0.1% over the past month. Meanwhile, the Employment Cost Index rose 1.2% over the past quarter, a sign that inflation\'s presence is still being felt in the economy.\n"The case for another Fed rate hike next week has been solidified by today\'s Employment Cost Index and Personal Consumption Expenditure reports showing ongoing cost pressures," Lazard\'s chief market strategist Ron Temple said in a note. "Taken alongside the solid domestic demand in yesterday\'s GDP report, it\'s clear that the US economy remains resilient in the face of tightening to date, implying that the Fed\'s job is not yet complete."\nInvestors are now pricing in an 88% chance that the Fed will hike interest rates another 25 basis-points at next week\'s meeting of the Federal Open Market Committee, according to theCME FedWatch tool.\nHere\'s what else is happening:\n• This highly-watched recession indicatorsays that an economic downturn will begin this quarter, Bank of America said.\n• "Dr. Doom" economist Nouriel Roubiniwarned that a hard landing recession or entrenched inflation are the only possible outcomes for the US economy.\n• "Shark Tank" investor Kevin O\'Leary blew off concerns of de-dollarization, adding that he wouldn\'t accept the Chinese yuan in business transactions.\n• Tight housing inventory is preventing home prices from fallingfurther, Redfin said.\n• Russia\'s economy has little to offer China, and their growing trade ties are more modest than it appears, according to one analyst.\n• There are four issues that will determine the path of the global economy, top economist Mohamed El-Erian said.\nIn commodities, bonds and crypto:\n• West Texas Intermediate crudeoil rose 2.59% to $76.69 per barrel.Brent crude, oil\'s international benchmark, climbed 1.4% to $79.51 a barrel.\n• **Last 60 Days of Bitcoin's Closing Prices:** [23147.35, 23646.55, 23475.47, 22362.68, 22353.35, 22435.51, 22429.76, 22219.77, 21718.08, 20363.02, 20187.24, 20632.41, 22163.95, 24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-04-29 **Financial & Commodity Data:** - Gold Closing Price: $1990.10 - Crude Oil Closing Price: $76.78 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $569,155,886,250 - Hash Rate: 331746436.2905336 - Transaction Count: 486031.0 - Unique Addresses: 628996.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.64 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Dubai, United Arab Emirates--(Newsfile Corp. - April 13, 2023) - Sell USDT in Dubai, a leading cryptocurrency crypto OTC in Dubai, has announced some exciting news for its customers. Removing commission fees for April and May 2023 to respond to the growing demand for crypto products, the crypto shop offers visitors smooth transactions and exceptional customer support with improved service quality. Both locals and visitors can quickly get cash or bank transfer byselling USDT (tether) in Dubaiin minutes. Dubai's positive approach to cryptocurrencies contributes to developing decentralized financial systems in the UAE. As the crypto market in Dubai grows, SUID is well-positioned to play a leading role in helping the region move towards a new financial paradigm. The OTC company has years of experience and provides visitors with exceptional customer support and expertise. The leading crypto shop offers a straightforward approach toconverting USDT in Dubaiand helps customers during the process. Sell USDT in Dubai, Introduces Zero Commission Fees for Cryptocurrency Transactions During April and May Dubai-based cryptocurrency shopSUIDprovides a secure OTC service for locals and visitors. The company allows customers to buy and sell Tether (USDT) and other cryptocurrencies such as Bitcoin and Ethereum. SUID's success relies on its commitment to customer satisfaction. The company provides its customers with a high level of security. SUID offers its clients an excellent opportunity to quickly respond to the growing demand in the cryptocurrency market by removing commission fees during April and May 2023. The company provides exceptional customer support, smooth transactions, and improved service quality. As a result,Sell USDT in Dubai'sleading position in cryptocurrency transactions is further reinforced by its local and international customers. Secure Crypto OTC for Sell USDT in Dubai Easily One of the most convenient options for those looking to sell tether in Dubai is SUID's crypto shop. The primary purpose of SUID is to allow users to buy and sell 1000+ cryptocurrencies for cash in just a few minutes. The team can quickly and easily perform cryptocurrency transactions in line with customers' requests. Individuals aiming to sell their USDT in Dubai can easily do so by visiting the crypto office of SUID. Customers need to bring their ID or passport and calculate the amount of USDT they want to sell, after which they can convert it to cash at SUID's counter. The next step is to receive the money in their preferred currency (AED, USD, EURO) or transfer it directly to their account. About Sell USDT in Dubai OTC SUID (Sell USDT in Dubai) is one of Dubai's leading over-the-counter cryptocurrency offices. The office is modern and luxurious, offering customers a safe and comfortable trading experience. The visitors can access the most popular cryptocurrencies, including Bitcoin (BTC), Tether (USDT), Ethereum (ETH), Solana (SOL), Cardano (ADA), and many others at SUID. Name: SUIDAddress: Exchange Tower 10th floor office No 1004, Business Bay, DubaiPhone: +971529886273Email:[email protected] Person: Ilyas JacobsContact Person Title: Marketing AssistantCity, Country: Dubai, the UAEWebsite:https://sellusdtindubai.com/ To view the source version of this press release, please visithttps://www.newsfilecorp.com/release/162253... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoiners are eying up crypto held by the feds. On Wednesday, the price of Bitcoin took a sharp nosedive— plunging 7% in an hour. It took most of the crypto market with it, too. The dip came shortly before erroneous reports claimed blockchain analytics firm Arkham had said wallets linked to defunct crypto exchange Mt. Gox and the U.S. government had moved large amounts of Bitcoin. It turned out to be a false alarm as a result of the DB Newswire account on Twitter mislabelling wallets on Arkham\'s platform, the company later said in a statement. But it led some to believe that the dip in prices came because the government started dumping large amounts of Bitcoin into the market. Today we fixed a bug related to Bitcoin alerts that caused us to no longer under-send alerts to a small subset of user’s private labels. This was one of them. This fix won’t affect any additional users, and was unrelated to labels generated by Arkham — we understand the impact… https://t.co/VqbX04J2bM — Arkham (@ArkhamIntel) April 26, 2023 But the fact remains that the government-owned Bitcoin and Mt. Gox coins are intriguing to investors: On Thursday, another blockchain analytics firm, Glassnode, said that the American government and the Mt. Gox trustee hold 205,514 and 137,890 Bitcoins respectively (over $10 billion in crypto)—and advised investors to keep an eye on the funds. This is because when such large amounts of Bitcoin get transferred, it\'s market moving, according to experts. But first, why does the U.S. government hold Bitcoin? And what’s Mt. Gox? The Department of Justice last year seized more than $3 billion worth of Bitcoin affiliated with the dark net marketplace Silk Road. They then sold a huge chunk of it—and said they plan to sell more. Mt. Gox, on the other hand, was a popular Bitcoin exchange that was forced to shut down eight years ago after a crippling hack. Once one of the biggest exchanges in the world, it closed in 2014 after losing 850,000 Bitcoins (today worth $24.9 billion) in the massive exploit . Story continues According to our data, the US government and the Mt. Gox trustee hold 205,514 and 137,890 #BTC , respectively. Monitor their balances and set alerts for coin movements in Studio. US government chart: https://t.co/cfQFqSfN0m Mt. Gox trustee chart: https://t.co/3YxvDTGGyq pic.twitter.com/MhCiSiLfqx — glassnode (@glassnode) April 27, 2023 Investors who lost their funds are still waiting to get it back from a trustee. Christoph Ono, a contributor at open source Bitcoin resource Bitcoin Design, told Decrypt that the intrigue is all centered around risk. He said: “Will the US government hold on to those Bitcoin forever? Or sell them off? If so, will they do it in a manner that reduces impact on the market or just dump in one go? Or auction them off? Who knows.” The fascination with watching the wallets where Mt. Gox funds are being held is similar, he added. “I believe Mt. Gox is somewhat similar in that there are various unknowns," Ono said. "At some point the coins will be released into the wild but no one really knows when and how.” While Glassnode lead analyst James Check said that big investors may be interested in government coins. “Periodically, the U.S. government auctions off these coins, which institutions in particular often find quite attractive, since they are in theory blessed and cleared by the U.S. government,” he said. In the past, some institutions have fretted over the provenance of crypto assets when buying them and worried they could be unknowingly buying from bad actors. Whatever happens, investors are always keeping an eye on big HODLers—known as whales—especially unorthodox ones like the U.S. government. Satoshi-Era Bitcoin Whale Moves $11 Million After Sleeping for 12 Years “Roughly 10 billion dollars of bitcoin is an immense amount for the market to absorb,” Evan Kaloudis, the developer behind Zeus, a non-custodial Lightning wallet, told Decrypt . “I for one, though, am excited for the government to offload them to the market to circulate to new holders.” Editor\'s note: This article was updated after publication to clarify that the "Mt. Gox alert" was the result of user error and not a "bug fix" by Arkham as initially reported.', 'Bitcoiners are eying up crypto held by the feds.\nOn Wednesday, the price of Bitcoin took a sharp nosedive—plunging7% in an hour. It took most of the crypto market with it, too.\nThe dip came shortly before erroneous reports claimed blockchain analytics firm Arkham had said wallets linked to defunct crypto exchange Mt. Gox and the U.S. government had moved large amounts of Bitcoin.\nIt turned out to be a false alarm as a result of theDB Newswireaccount on Twitter mislabelling wallets on Arkham\'s platform, the company later said in a statement. But it led some to believe that the dip in prices came because the government started dumping large amounts of Bitcoin into the market.\nBut the fact remains that the government-owned Bitcoin and Mt. Gox coins are intriguing to investors: On Thursday, another blockchain analytics firm, Glassnode, said that the American government and the Mt. Gox trustee hold 205,514 and 137,890 Bitcoins respectively (over $10 billion in crypto)—and advised investors to keep an eye on the funds.\nThis is because when such large amounts of Bitcoin get transferred, it\'s market moving, according to experts.\nBut first, why does the U.S. government hold Bitcoin? And what’s Mt. Gox?\nThe Department of Justice last year seized more than $3 billion worth of Bitcoin affiliated with the dark net marketplace Silk Road. They thensolda huge chunk of it—and said they plan to sell more.\nMt. Gox, on the other hand, was a popular Bitcoin exchange that was forced to shut down eight years ago after a crippling hack. Once one of the biggest exchanges in the world, it closed in 2014 after losing 850,000 Bitcoins (today worth $24.9 billion) in themassive exploit.\nInvestors who lost their funds are still waiting to get it back from a trustee.\nChristoph Ono, a contributor at open source Bitcoin resource Bitcoin Design, toldDecryptthat the intrigue is all centered around risk.\nHe said: “Will the US government hold on to those Bitcoin forever? Or sell them off? If so, will they do it in a manner that reduces impact on the market or just dump in one go? Or auction them off? Who knows.”\nThe fascination with watching the wallets where Mt. Gox funds are being held is similar, he added. “I believe Mt. Gox is somewhat similar in that there are various unknowns," Ono said. "At some point the coins will be released into the wild but no one really knows when and how.”\nWhile Glassnode lead analyst James Check said that big investors may be interested in government coins.\n“Periodically, the U.S. government auctions off these coins, which institutions in particular often find quite attractive, since they are in theory blessed and cleared by the U.S. government,” he said. In the past, some institutions have fretted over the provenance of crypto assets when buying them and worried they could be unknowingly buying from bad actors.\nWhatever happens, investors are always keeping an eye on big HODLers—known as whales—especially unorthodox ones like the U.S. government.\nSatoshi-Era Bitcoin Whale Moves $11 Million After Sleeping for 12 Years\n“Roughly 10 billion dollars of bitcoin is an immense amount for the market to absorb,” Evan Kaloudis, the developer behind Zeus, a non-custodial Lightning wallet, toldDecrypt. “I for one, though, am excited for the government to offload them to the market to circulate to new holders.”\nEditor\'s note: This article was updated after publication to clarify that the "Mt. Gox alert" was the result of user error and not a "bug fix" by Arkham as initially reported.', 'Bitcoiners are eying up crypto held by the feds.\nOn Wednesday, the price of Bitcoin took a sharp nosedive—plunging7% in an hour. It took most of the crypto market with it, too.\nThe dip came shortly before erroneous reports claimed blockchain analytics firm Arkham had said wallets linked to defunct crypto exchange Mt. Gox and the U.S. government had moved large amounts of Bitcoin.\nIt turned out to be a false alarm as a result of theDB Newswireaccount on Twitter mislabelling wallets on Arkham\'s platform, the company later said in a statement. But it led some to believe that the dip in prices came because the government started dumping large amounts of Bitcoin into the market.\nBut the fact remains that the government-owned Bitcoin and Mt. Gox coins are intriguing to investors: On Thursday, another blockchain analytics firm, Glassnode, said that the American government and the Mt. Gox trustee hold 205,514 and 137,890 Bitcoins respectively (over $10 billion in crypto)—and advised investors to keep an eye on the funds.\nThis is because when such large amounts of Bitcoin get transferred, it\'s market moving, according to experts.\nBut first, why does the U.S. government hold Bitcoin? And what’s Mt. Gox?\nThe Department of Justice last year seized more than $3 billion worth of Bitcoin affiliated with the dark net marketplace Silk Road. They thensolda huge chunk of it—and said they plan to sell more.\nMt. Gox, on the other hand, was a popular Bitcoin exchange that was forced to shut down eight years ago after a crippling hack. Once one of the biggest exchanges in the world, it closed in 2014 after losing 850,000 Bitcoins (today worth $24.9 billion) in themassive exploit.\nInvestors who lost their funds are still waiting to get it back from a trustee.\nChristoph Ono, a contributor at open source Bitcoin resource Bitcoin Design, toldDecryptthat the intrigue is all centered around risk.\nHe said: “Will the US government hold on to those Bitcoin forever? Or sell them off? If so, will they do it in a manner that reduces impact on the market or just dump in one go? Or auction them off? Who knows.”\nThe fascination with watching the wallets where Mt. Gox funds are being he **Last 60 Days of Bitcoin's Closing Prices:** [23646.55, 23475.47, 22362.68, 22353.35, 22435.51, 22429.76, 22219.77, 21718.08, 20363.02, 20187.24, 20632.41, 22163.95, 24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-04-30 **Financial & Commodity Data:** - Gold Closing Price: $1990.10 - Crude Oil Closing Price: $76.78 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $564,183,473,738 - Hash Rate: 358383011.4671458 - Transaction Count: 568516.0 - Unique Addresses: 612597.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.60 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Introducing a dollar-pegged, Bitcoin-backed stablecoin, built without dependencies on banks HONG KONG, April 13, 2023 --( BUSINESS WIRE )--Stabolut, a startup building a completely new worldwide payments ecosystem, today announced the launch of a decentralized, dollar-pegged, Bitcoin-backed stablecoin that is not reliant on banks, called USB. Available as of today, USB is a stablecoin issued under a groundbreaking model built on decentralized pillars of trustless infrastructure and security that have made Bitcoin the world’s most trusted and reliable cryptocurrency. Becoming available on a private beta starting today, USB (US-Bitcoin), a stablecoin that has been built in a revolutionary approach that will reroute the crypto markets unlocking new opportunities for fast and simple trades to power exchanges, financial institutions, businesses, developers, and users. USB enters a very hot market, with stablecoins totaling 140 billion in capitalization, and expected to grow to at least 1 trillion dollars. Leaders in the cryptocurrency industry have been long calling for a stablecoin that is truly decentralized, privacy-preserving and backed by assets that have been verified and audited along with being invulnerable to shutdowns. "Stabolut is setting the new industry leading standards for moving financial value across the internet and crypto markets with USB," said Eneko Knorr, co-founder and CEO of Stabolut. "There is clear market demand from users for a reliable stablecoin choice, given the collapse of UST -Terra Luna’s stablecoin-, as well as witnessing the recent instability caused by the de-pegging of USDC following recent bank failures we have seen this year. With USB, Stabolut aims to unlock a new era of transparent, privacy-preserving, fast, inexpensive, and interoperable exchange across the globe," adds Julian Beltran, co-founder and CTO of Stabolut. While trading futures on BitMEX -the derivatives cryptocurrency exchange- back in 2018, Julian realized how hedging Bitcoin would make it possible to develop a stablecoin pegged to the USD value without having to rely on any stored fiat currency. However, it was not until last year when Eneko Knorr, his now cofounder, joined him to kickstart the project. In September 2022, Stabolut embarked on the development of USB, a Bitcoin-backed stablecoin designed to reflect the value of the US Dollar through an innovative method: shorting Bitcoin via a Bitcoin inverse perpetual swap. Asset-backed USB eliminates the need for bank accounts, ensuring immunity from crackdowns or frozen funds, and bolstering complete privacy and resilience. Fiat-backed stablecoins face centralization and regulatory hurdles, limiting access and innovation while increasing counterparty risk and reducing user privacy. USB’s approach aligns with Bitmex co-founder Arthur Hayes' recent Nakadollar (NUSD) concept. Story continues "USB addresses the limitations of fiat-backed stablecoins, which suffer from centralization and regulatory challenges. By both mitigating counterparty risks and enhancing user privacy, we aim to expand the accessibility and foster innovation in the stablecoin market," expressed Eneko Knorr. USB provides additional benefits such as real-time audits of the assets to ensure transparency and reliability to their users. Stabolut is backed by the founders of Dextools.io, a growing ecosystem with over 30 million monthly views on average. Dextools.io is a platform where traders can keep track of all details about the state of decentralized markets. On USB, Frederic Fernandez, co-founder of Dextools.io, expressed the need of addressing CeFi’s shortcomings from previous terms:"Following the collapse of FTX, Silvergate Capital, Silicon Valley Bank, and many other CeFi platforms in 2022, it is evident that DeFi and the entire crypto industry need better ways to safeguard users’ funds and, most importantly, restore their trust. USB is what we all were looking for." To learn more about the USB stablecoin, visit the Stabolut website. About Stabolut: Stabolut is building an innovative global payments ecosystem. Launched by Julian Beltran and Eneko Knorr, serial entrepreneurs with solid backgrounds in tech and crypto, Stabolut is the issuer of the USB stablecoin. The digital currency is poised to solve all concerns other stablecoins bear, with the clear goal to become one of the most widely adopted stablecoins. Stabolut received funding from the Dextools.io cofounders, a platform that allows traders to track information about decentralized markets. Learn more: www.Stabolut.com View source version on businesswire.com: https://www.businesswire.com/news/home/20230413005457/en/ Contacts Media Contact: Eneko Knorr [email protected] +852 55843634 Stabolut Limited www.Stabolut.com 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.
28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Morsa Images/Getty ImagesExchange-traded funds (ETFs) allow investors to buy a collection of stocks or other assets in just one fund with (usually) low expenses, and they trade on an exchange like stocks. ETFs have become tremendously popular in the last decade and now hold trillions of dollars in assets. With literally thousands of ETFs to choose from, where does an investor start? Below are some of the top ETFs by category, including some highly specialized funds.\nAnexchange-traded fundmay hold positions in many different assets, including stocks, bonds and sometimes commodities.\xa0ETFs most often track a specific index such as the Standard & Poor’s 500 or the Nasdaq 100, meaning they hold positions in the index companies at their same relative weights in the index.\xa0So by buying one share in the ETF, an investor effectively purchases a (tiny) share in all the assets held in the fund.\nETFs are often themed around a specific collection of stocks. An S&P 500 index fund is one of themost popular themes, but themes also includevalue or growth stocks, dividend-paying stocks, country-based investments, disruptive technologies, specific industries like information technology or healthcare, various bond maturities (short, medium and long) and many others.\nFor running an ETF, the fund company charges a fee called anexpense ratio. The expense ratio is the annual percentage of your total investment in the fund. For example, an ETF might charge a fee of 0.12 percent. That means on an annual basis an investor would pay $12 for every $10,000 invested in the fund. Low-cost ETFs are very popular with investors.\n• Equity ETFs\n• Bond ETFs\n• Balanced ETFs\n• Commodity ETFs\n• Currency ETFs\n• Real estate ETFs\n• Volatility ETFs\n• Leveraged ETFs\n• Inverse ETFs\nEquity ETFs provide exposure to a portfolio of publicly traded stocks, and may be divided into several categories by where the stock is listed, the size of the company, whether it pays a dividend or what sector it’s in. So investors can find the kind of stock funds they want exposure to and buy only stocks that meet certain criteria.\nStock ETFstend to be more volatile than other kinds of investments such as CDs or bonds, but they’re suitable for long-term investors looking to build wealth. Some of the most popular equity ETF sectors and their historical performance (as of April 28, 2023) include:\nThis kind of ETF gives investors broad exposure to publicly traded companies listed on American exchanges using a passive investment approach that tracks a major index such as the S&P 500 or Nasdaq 100.\nVanguard S&P 500 ETF (VOO)\n• 2023 YTD performance:8.3 percent\n• Historical performance (annual over 5 years):11.0 percent\n• Expense ratio:0.03 percent\nAlternatives:Some of the most widely held ETFs in this group also include SPDR S&P 500 ETF Trust (SPY), iShares Core S&P 500 ETF (IVV) and Invesco QQQ Trust (QQQ).\nThis kind of ETF can provide targeted exposure to international publicly traded companies broadly or by more specific geographic areas, such as Asia, Europe or emerging markets. Investing in foreign companies introduces concerns such as currency risk and governance risks, since foreign countries may not offer the same protections for investors as the U.S. does.\nVanguard FTSE Developed Markets ETF (VEA)\n• 2023 YTD performance:10.8 percent\n• Historical performance (annual over 5 years):3.6 percent\n• Expense ratio:0.05 percent\nAlternatives:Some of the most widely held ETFs also include iShares Core MSCI EAFE ETF (IEFA), Vanguard FTSE Emerging Markets ETF (VWO) and Vanguard Total International Stock ETF (VXUS).\nThis kind of ETF gives investors a way to buy stock in specific industries, such as consumer staples, energy, financials, healthcare, technology and more. These ETFs are typically passive, meaning they track a specific preset index of stocks and simply mechanically follow the index.\nVanguard Information Technology ETF (VGT)\n• 2023 YTD performance:19.3 percent\n• Historical performance (annual over 5 years):18.4 percent\n• Expense ratio:0.10 percent\nAlternatives:Some of the most widely held ETFs also include Financial Select Sector SPDR Fund (XLF), Energy Select Sector SPDR Fund (XLE) and Industrial Select Sector SPDR Fund (XLI).\nThis kind of ETF gives investors a way to buy only stocks that pay a dividend. Adividend ETF is usually passively managed, meaning it mechanically tracks an index of dividend-paying firms. This kind of ETF is usually more stable than a total market ETF, and it may be attractive to those looking for investments that produce income, such as retirees.\nThebest dividend ETFstend to offer higher returns and low cost.\nVanguard Dividend Appreciation ETF (VIG)\n• 2023 YTD performance:3.4 percent\n• Historical performance (annual over 5 years):11.2 percent\n• Expense ratio:0.06 percent\nAlternatives:Some of the most widely held ETFs here also include) Vanguard High Dividend Yield Index ETF (VYM) and Schwab U.S. Dividend Equity ETF (SCHD).\nAbond ETFprovides exposure to a portfolio of bonds, which are often divided into sub-sectors depending on bond type, their issuer, maturity and other factors, allowing investors to buy exactly the kind of bonds they want. Bonds pay out interest on a schedule, and the ETF passes this income on to holders.\nBond ETFs can be an attractive holding for those needing the safety of regular income, such as retirees. Some of the most popular bond ETF sectors and their returns include:\nThis kind of bond ETF gives exposure to bonds with a long maturity, perhaps as long as 30 years out. Long-term bond ETFs are most exposed to changes in interest rates, so if rates move higher or lower, these ETFs will move inversely to the direction of rates. While these ETFs may pay a higher yield than shorter-term bond ETFs, many don’t see the reward as worthy of the risk.\niShares MBS ETF (MBB)\n• 2023 YTD performance:2.6 percent\n• Historical performance (annual over 5 years):0.3 percent\n• Expense ratio:0.04 percent\nAlternatives:Some of the most widely held ETFs also include iShares 20+ Year Treasury Bond ETF (TLT) and Vanguard Mortgage-Backed Securities ETF (VMBS).\nThis kind of bond ETF gives exposure to bonds with a short maturity, typically no more than a few years. These bond ETFs won’t move much in response to changes to interest rates, meaning they’re relatively low risk. These ETFs can be a more attractive option than owning the bonds directly because the fund is highly liquid and more diversified than any individual bond.\nVanguard Short-Term Bond ETF (BSV)\n• 2023 YTD performance:2.1 percent\n• Historical performance (annual over 5 years):1.4 percent\n• Expense ratio:0.04 percent\nAlternatives:Some of the most widely held ETFs in this category also include iShares 1-3 Year Treasury Bond ETF (SHY) and Vanguard Short-Term Treasury ETF (VGSH).\nThis kind of bond ETF gives investors exposure to a wide selection of bonds, diversified by type, issuer, maturity and region. A total bond market ETF provides a way to gain broad bond exposure without going too heavy in one direction, making it a way to diversify a stock-heavy portfolio.\nVanguard Total Bond Market ETF (BND)\n• 2023 YTD performance:3.3 percent\n• Historical performance (annual over 5 years):1.1 percent\n• Expense ratio:0.03 percent\nAlternatives:Some of the most widely held ETFs also include iShares Core U.S. Aggregate Bond ETF (AGG) and Vanguard Total International Bond ETF (BNDX).\nThis kind of bond ETF gives exposure to bonds issued by states and cities, and interest on these bonds is typically tax-free, though it’s lower than that paid by other issuers. Muni bonds have traditionally been one of the safest areas of the bond market, though if you own out-of-state munis in a fund, you will lose the tax benefits in your home state, though not at the federal level. Given the tax advantages, it is advantageous to consider a municipal bond ETF that invests in your state of residence.\niShares National Muni Bond ETF (MUB)\n• 2023 YTD performance:1.9 percent\n• Historical performance (annual over 5 years):2.0 percent\n• Expense ratio:0.07 percent\nAlternatives:Some of the most widely held ETFs also include Vanguard Tax-Exempt Bond ETF (VTEB) and iShares Short-Term National Muni Bond ETF (SUB).\nA balanced ETF owns both stock and bonds, and it targets a certain exposure to stock, which is often reflected in its name. These funds allow investors to have the long-term returns of stocks while reducing some of the risk with bonds, which tend to be more stable. A balanced ETF may be more suitable for long-term investors who may be a bit more conservative but need growth in their portfolio.\n• 2023 YTD performance:7.1 percent\n• Historical performance (annual over 5 years):5.7 percent\n• Expense ratio:0.15 percent\nAlternatives:Some of the most widely held balanced ETFs also include iShares Core Growth Allocation ETF (AOR) and iShares Core Moderate Allocation ETF (AOM).\nA commodity ETF gives investors a way to own specific commodities, including agricultural goods, oil, precious metals and others without having to transact in the futures markets. The ETF may own the commodity directly or via futures contracts. Commodities tend to be quite volatile, so they may not be well-suited for all investors. However, these ETFs may allow more advanced investors to diversify their holdings, hedge out exposure to a given commodity in their other investments or make a directional bet on the price of a given commodity. Thebest-performing gold ETFstend to offer highly effective portfolio diversification with added defensive stores of value.\n• 2023 YTD performance:8.9 percent\n• Historical performance (annual over 5 years):8.0 percent\n• Expense ratio:0.40 percent\nAlternatives:Some of the most widely held commodities ETFs also include iShares Silver Trust (SLV), United States Oil Fund LP (USO) and Invesco DB Agriculture Fund (DBA).\nA currency ETF gives investors exp **Last 60 Days of Bitcoin's Closing Prices:** [23475.47, 22362.68, 22353.35, 22435.51, 22429.76, 22219.77, 21718.08, 20363.02, 20187.24, 20632.41, 22163.95, 24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-01 **Financial & Commodity Data:** - Gold Closing Price: $1983.40 - Crude Oil Closing Price: $75.66 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $549,920,069,012 - Hash Rate: 440714243.8312197 - Transaction Count: 682281.0 - Unique Addresses: 697731.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.63 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin and Ether fell during afternoon trading hours in Asia on Thursday, while most other top 10 non-stablecoin cryptocurrencies by market capitalization strengthened. Crypto investors were cautious ahead of Europe’s vote on the Markets in Crypto Assets (MiCA) bill. Asian equities were mixed while U.S. futures declined as global market concerns over inflation persisted. See related article:Bitcoin, other cryptos fall as investors book profit • Bitcoin fell 1.31% to US$28,934 in the 24 hours to 4:30 p.m. in Hong Kong. The world’s largest cryptocurrency fell 3.88% on the week, after US$262 million worth of long positions were liquidated in the past 24 hours, according toCoinglass. • Bitcoin at US$25,000-38,000 is a “pre-bull run range,”accordingto pseudonymous crypto trader Doctor Profit, who expects Bitcoin to stay in this range before rising after next year’s halving. • Ether fell 2.01% to trade at US$1,956 but rose 1.53% during the week. Traders remained cautious ahead of the European Parliament’s upcoming vote on the landmark MiCA bill, scheduled for today’s plenary session. • Dogecoin, the day’s biggest gainer, rose 4.99% to US$0.091. Litecoin fell 4.58% to US$91.34 to be the day’s biggest loser. • The global cryptocurrency market capitalization decreased by 1.93% to US$1.22 trillion in the 24 hours to 4:30 p.m. in Hong Kong, with total crypto market trading volume rising by 24.53% to US$60.26 billion. • The Forkast 500 NFTindex dropped 1.82% to 3,983.81 points on the day while inching up 0.07% on the week. The index is a proxy measure of the performance of the global NFT market and includes 500 eligible smart contracts on any given day. It is managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella. • Asian equities closed mixed on Thursday, with the Shanghai Composite inching down 0.092% and the Shenzhen Component Index sliding 0.37%. Japan’s Nikkei 225 rose 0.18% and Hong Kong’s Hang Seng Index gained 0.14% after the Chinese central bank held its key interest rate steady for an eighth consecutive month, trying to speed up economic recovery. • European bourses declined for a second consecutive session on Thursday. The pan-European STOXX 600 fell 0.39% while remaining close to its 14-month peak and Germany’s DAX 40 lost 0.49%. • U.S. stock futures declined on Thursday amid global inflation concerns. The Dow Jones Industrial Average fell 0.42%, the S&P 500 Futures lost 0.74% and the Nasdaq Composite Index dropped 1.12%. • The U.S. dollar slid 0.11% to 101.8 points, driven by expectations that the Federal Reserve will tighten monetary policy further. The euro regained some ground, rising 0.13% to US$1.09. • Gold rose 0.21% to US$1,997 per ounce on Thursday, after dipping below US$1,975 yesterday to its lowest this month. See related article:United Arab Emirates opens licensing applications for cryptocurrency companies... - Reddit Posts (Sample): [['u/Bhosdi_Waala', 'Considering moving funds from Vanguard FTSE All World Distributing to Accumulating', 19, '2023-05-01 01:01', 'https://www.reddit.com/r/eupersonalfinance/comments/1345qou/considering_moving_funds_from_vanguard_ftse_all/', "Hey everyone, \n\nI've lately been reading some posts about how [the first 100K is the hardest to reach](https://fourpillarfreedom.com/charlie-munger-the-first-100000-is-a-btch/)\n\nI started off investing in the Distributing fund in order to leverage Germany's tax free dividends (up to 1000 euros per year)\n\nBut after reading these articles, I thought to myself that I'd rather reach that 100K threshold sooner than get a 1000 euro reward every year.\n\nSo I am considering liquidating my Distributing positions and moving them into the Accumulation fund. \n\nWould this be a wise choice considering the taxes I'll have to pay on the sell and perhaps the price fluctuation when selling and buying?", 'https://www.reddit.com/r/eupersonalfinance/comments/1345qou/considering_moving_funds_from_vanguard_ftse_all/', '1345qou', [['u/Fadjaros', 43, '2023-05-01 01:49', 'https://www.reddit.com/r/eupersonalfinance/comments/1345qou/considering_moving_funds_from_vanguard_ftse_all/jidbgda/', "Just keep what you have in the distributing one and start buying the accumulating. There is no point in selling. You won't get there a lot faster and you will have to pay taxes on the sale. It doesn't make sense", '1345qou'], ['u/XxXMorsXxX', 10, '2023-05-01 11:24', 'https://www.reddit.com/r/eupersonalfinance/comments/1345qou/considering_moving_funds_from_vanguard_ftse_all/jietm71/', 'You currently have optimized investing according to the tax characteristics of you country of residence. Looking to mess with it because of some phycological/motivation articles regarding investing seems like bad practice to me.', '1345qou']]], ['u/middlemangv', 'Am I wrong if I have zero empathy for people who invest in PEPE and lose money?', 407, '2023-05-01 01:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/', "I honestly have zero empathy for people who invest in PEPE and lose money. I don't feel sorry for them at all. It is a shitcoin. I would say that anyone who invested in PEPE before it blew up is greedy. There are people who invested some spare change in it and did good.\n\nCoins like this one, in my opinion, have bad impact on crypto.\n\nNew people join, get scammed, think crypto is a scam, stop investing in crypto.\n\n​\n\nTheir roadmap:\n\n​\n\nhttps://preview.redd.it/elt3f9snx3xa1.png?width=1032&format=png&auto=webp&v=enabled&s=a751a7f68f046d704eff47b8ca77eb575e7a2768\n\nI mean, come on...phase 2 Vibe and HODL?\n\nPhase 3 - Pepe merch and Pepe academy?\n\nIt is a memecoin.\n\nThey are even being iroinc about flipping BTC in phase 3.\n\nTheir tocenomics is awfull.\n\nIt is pump and dump scheme, probably with devs investing with their friends already for free.\n\n​\n\nI shouldn't care where people invest, and I don't, I just don't feel sorry when they lose it. Am I wrong for it?", 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/', '1346f56', [['u/TheGoonKills', 10, '2023-05-01 01:39', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jida4dv/', "Nah. A fool and his money are soon parted. If it wasn't PEPE, they would have spent it on a Trump NFT or something equally stupid.", '1346f56'], ['u/TruthSeeekeer', 248, '2023-05-01 01:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidaazk/', 'Why would I have empathy for someone investing and losing money?\n\nHappens to me all the time.', '1346f56'], ['u/Elie0_0', 28, '2023-05-01 01:41', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidafc8/', "Pepe isn't even listed on any major exchanges right now, can't imagine how much it will go up if a major exchange lists it", '1346f56'], ['u/Certain_Cranberry_77', 11, '2023-05-01 01:41', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidah72/', 'Flip btc on phase 3 got me in.', '1346f56'], ['u/TOXICCARBY', 13, '2023-05-01 01:49', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidbfo6/', 'They know the risks of investing in such a coin', '1346f56'], ['u/jwz9904', 79, '2023-05-01 02:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidex5i/', 'No one really cares', '1346f56'], ['u/philosouf', 64, '2023-05-01 02:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidfm3d/', "Now I'm sure it will go up even higher if cc is bashing it", '1346f56'], ['u/void_evilness', 127, '2023-05-01 02:23', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidfpsc/', 'Is it a stupid way of spending money? Yes.\n\nIs it like gambling at a casino? Yes.\n\nShould you laugh at people who spend money at the casino and lose? No.\n\nShould you feel ‘superior’ for not gambling and being responsible? No.\n\nThere. Dont be ego', '1346f56'], ['u/MaeronTargaryen', 19, '2023-05-01 02:23', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidfsex/', 'It’s unfair, some people lose less money on meme coins than what I lose on blue chips', '1346f56'], ['u/Layer2Mechs', 13, '2023-05-01 02:25', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidg1s2/', 'its crazy the cope im seeing from people missing out on pepe.\n\nlet me tell you why this is the next play in 3 steps\n\n1.) crypto was made post 2008 financial crash as a separate store of value\n\n2.) banks currently collapsing, btc going up as a correlation \n\n3.) memecoins pump the hardest in a bull market, i believe the falling of banks is igniting a bull run. pepe will suceed because its one in a million memecoin. no shitty pump and dump “influencers” shilling it, the team isnt making promises and embracing what is it, a meme coin. not making any promises to “change the world” or “make a layer 2” like shib. every day you wait you lose on free money.\n\n\nfor reference. i bought sub 200k mc with .01 e', '1346f56'], ['u/GabeSter', 33, '2023-05-01 02:39', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidhpm4/', 'You must be an investor in ~*checks notes*~\n\nUhhh. Cardano, Algorand, Polkadot.', '1346f56'], ['u/Odysseus_Lannister', 16, '2023-05-01 02:41', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidhyyx/', '*adds LINK to footnotes*', '1346f56'], ['u/mixomatoso', 20, '2023-05-01 02:41', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidi211/', "**chuckles** I'm in danger.", '1346f56'], ['u/DCdek', 16, '2023-05-01 02:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidickk/', 'LMAO Cope', '1346f56'], ['u/Sheeple9001', 13, '2023-05-01 02:52', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidjdxq/', 'VET', '1346f56'], ['u/ryencool', 60, '2023-05-01 03:13', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidlyww/', 'People said this same thing about shib, I was there...', '1346f56'], ['u/Ecstatic_Love4691', 51, '2023-05-01 03:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidm4n8/', 'That’s horrible. Where do I buy it?', '1346f56'], ['u/mathaiser', 26, '2023-05-01 03:37', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidovqj/', 'The only thing wrong is that it’s none of your business and your opinion of what others choose to do is worth less than the air you breathed when you said it.\n\nDo your own thing. Don’t worry about the inclinations of PEPE holders.', '1346f56'], ['u/Kukuzahara', 21, '2023-05-01 03:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidppk7/', 'Precisely. Just don’t be weird about things and be normal. Not that hard.', '1346f56'], ['u/supremebhandari', 25, '2023-05-01 03:53', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidqv6y/', '> Phase 3: Flip Bitcoin\n\n\n\nLol, good luck with that', '1346f56'], ['u/Blackskywaters', 15, '2023-05-01 04:00', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidrrem/', "All crypto is a gamble as far as I'm concerned and we should all be prepared to lose it all.", '1346f56'], ['u/Vegas_42', 18, '2023-05-01 05:43', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jie3lyr/', "In 2021 I decided against buying shib. In my own eyes, I was a sophisticated investor. Only the real stuff and great tech like BTC, ETH, ATOM, DOT, you name it. I was too arrogant to buy a meme coin. I hated DOGE and SHIB and it insulted me that something useless made people rich. Guess what? I was wrong. Scam here, rugpull there, but the truth is, I missed the bus.\n\nIt's about earning money in the first place. Don't get attached to your coins (easy to say, but I love Bitcoin anyway). This time, I ignored my hubris and bought some when the coin was a few days old. I tripled, took out my original money and now I let the house money ride. I do... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["TheSolanaNFT space got a shot in the arm with the late Aprillaunch of Mad Lads, a buzzyprofile picture(PFP) collection that led the market-wide charts. But something else happened amid the trading surge: upstart marketplace Tensor topped the dominant Magic Eden.\nTensor launched in 2022, but saw increasing activity afterintroducing trading rewardsin March. Last week, it clinched majority market share by trading volume on Solana. Data collected byTiexoshows a slight lead by Tensor over the last seven days, with Tensor commanding 45% of SolanaNFTmarket share and Magic Eden under 44%.\nMad Lads helped push Tensor over the top, as traders apparently flocked to take advantage of its specific promotion around the NFT project rather than Magic Eden’s offering. But can Tensor maintain that momentum after waking Solana’s sleeping giant?\nTensor began picking up considerable market share in March as itlaunched “loyalty” rewardsfor traders, echoing the move byEthereummarketplace Blur thathelped catapult it over OpenSeain February. The startup, which raised $3 million in March in a round led by VC firm Placeholder, similarly bills itself as a platform for “pro” traders with what it says is a faster, richer interface.\nThe Blur comparisons are intentional. Tensor looks and feels much like Blur, albeit for Solana, with a similar-sounding rewards initiative. The startup hasn’t specifically said that it will launch a token, but given that Blurgave out hundreds of millions of dollarsworth of tokens in February andsaid that it will continue doing so, it’s no surprise that traders are intrigued.\nMad Lads Gave Solana NFTs a ‘New Heartbeat’ After Losing DeGods: Coral CEO\nTensor’s market share steadily grew over the last couple of months, co-founder and CTO Richard Wu toldDecrypt, but the upstart only leapfrogged above Magic Eden last week after the Mad Lads frenzy took hold.\nMagic Eden also offered special promotions around Mad Lads NFTs. Magic Eden offered zero marketplace fees and also said it wouldgive out 2,000 SOL(currently about $43,700) to airdrop to Mad Lads traders over the first 30 days after launch. It later said that itredistributed over 5,000 SOL($109,400 as of today) worth of Mad Lads trading fees back to users.\nTensor, on the other hand, said that it would divert all of its marketplace fees on Mad Lads trades for the first 90 days tobuying up “floor”(or the lowest-price) NFTs from the project, and then give them away via a raffle to traders. Today,Tensor tweetedthat it has used 4,280 SOL ($93,650) worth of fees to buy up 58 Mad Lads NFTs to give them away to top traders.\nWhether it was the promotion or an interface targeted at heavy traders, or perhaps the pairing of both, Tensor ultimately came out ahead as Mad Lads ruled the Solana market.\n“If you show people that you're truly about giving back to the community, and trying to make your product the best for Mad Lads or for the next NFT project,” Wu said, “then people will come and trade on your platform, and people will align with a Tensor versus a Magic Eden.”\nThere’s an “us versus them” dynamic in Wu’s comments that’s already been resonating across the Solana NFT community on Twitter for days. Tensor’s sudden rise to the top of Solana has inflamed past divisions that emerged over Magic Eden’sapproach to the open-source Web3 ethos, as well as itsmoves around optional creator royaltieslast year.\nOn Friday, Magic Eden apparently discovered that Tensor was utilizing its content delivery network (CDN) to populate NFT images on the Tensor marketplace.\nMagic Eden replaced the artwork on Tensor with images showing the Magic Eden mascot and logo, and tweeted, “Hey [Tensor], wen image CDN? We replaced some images on your marketplace. Just a harmless prank hehe. Let's build.”\nMagic Eden deleted the tweet by Saturday following community backlash. Over the past several days, the vitriol has been flung back and forth on Crypto Twitter between the two camps and their supporters, and Tensor’s co-founders have themselves criticized Magic Eden and retweeted other critical tweets about the giant in the Solana space.\n“They were in the dominant seat for so long that they felt they didn't need to do anything,” Tensor CEO and co-founder Ilja Moisejevs alleged in an interview withDecrypt. He believes that Tensor’s product is better than those of previous challengers, but also suggested that Magic Eden lost support in the Solana spaceas it rapidly expandedto Ethereum,Polygon, andBitcoin.\nMagic Eden Bitcoin NFT Launchpad Debuts as Ordinals Total Nears 1 Million\n“I think the community is also a bit upset with the way they've behaved in the last six months, because Solana has clearly gone through really turbulent times,” Moisejevs said.\nHe suggested that some Solana projects “doubled down” on the space amid the falling price of SOL andfears over the future of the communitylate last year, and believes Magic Eden did “almost the opposite” in pushing NFTs on other chains.\n“They sort of took their foot off the gas whenSolana was at its lowest pointafter FTX [collapsed], and that just rubbed a lot of people the wrong way,” Wu added. “If you're so bullish about building up Solana, why would you leave and build elsewhere at a time when Solana needed people to step up?”\nMagic Eden responded to the social media pushback today, as marketing head Tiffany Huang toldThe Blockthat the startup is “excited to refocus back on Solana, which is our home,” and it “intends to show the Solana community that we have still got their backs.”\nHuang clarified toDecryptthat Magic Eden’s renewed focus on Solana will come via product features and partnerships, including “innovating” on itsDiamonds rewards featurethat launched in late March as Tensor was on the rise. It will also include “programs that support creators and collectors,” she added.\nShe also pushed back against criticism by Tensor’s co-founders about Magic Eden’s current closed-source marketplace model, which requires it to co-sign transactions. That throws a wrench into how marketplace aggregators incorporate Magic Eden listings, andraises other concerns about security and composability. But Huang suggested that it’s essential—for now.\n“The Tensor team knows and understands co-sign is not just an anti-aggregator tool—it's actually a critical part of some of [our] other core marketplace features,” she said, pointing to a tweetwhere Wu acknowledges as much. “The goal here is to become more open, but we just need to sequence these events so they don't disrupt our marketplace product.”\nAs theMad Lads launch hype cools, the remaining question is whether Tensor can stay on top in the Solana space. Just before publication,Magic Eden had a slight lead in rolling 24-hour trading volume per data fromTiexo—but Tensor led that chart as recently as late afternoon today.\n‘Honeypot Bitch’: How Mad Lads Tricked Bots Into Spending $250K on Fake NFTs\nDespite the shade, pranks, and gripes traded between the camps—not to mention the market maneuvers over the last week—both startups suggest a more cooperative tone going forward. They both want what’s best for Solana and its community, they tellDecrypt, and wish to grow the market for everyone involved, including each other.\n“We should all be seeking to build the pie with excellent user experiences and ingenuity to grow the space,” Huang toldDecrypt, rejecting the notion that Magic Eden should fend off upstarts. “I think we're two reasonable companies, at the end of the day, trying to grow Solana.”\n“We want to see Magic Eden do well,” Tensor’s Moisejevs said. “That's because we think that if Magic Eden does well, then Solana can do very well. At Tensor, we would rather have a smaller piece of a 10x larger pie than have a larger piece of… ultimately, a pie nobody cares about.”", '(Bloomberg) -- CMCC Global, a venture capital company focused on blockchain technology, said the US digital-asset crackdown is opening up opportunities for Hong Kong as the city strives to become a crypto hub. Most Read from Bloomberg Powell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC Standoff Texas Mass Shooting’s Bloody Images Add to Fervor in Gun Debate Goldman to Pay $215 Million to End Case on Underpaying Women Why Airfares, Hotels and Cars Are Getting So Expensive for Americans Mitch McConnell Warns He Has No ‘Secret Plan’ to Solve US Debt Impasse The US “is shooting themselves in the foot” and giving other regions a chance to woo innovative businesses, CMCC’s co-founder Charlie Morris said in a Bloomberg Television interview aired Tuesday. “We see places like Hong Kong having a real opportunity at this point in time to bring those firms and entrepreneurs to the city,” Morris added. Hong Kong plans to let retail investors trade major tokens like Bitcoin and Ether in a new licensing regime for virtual-asset service providers due June 1. In contrast, the US has turned up the regulatory heat on crypto in the wake of last year’s digital-asset rout and the collapse of the FTX exchange. Fund Launch CMCC is launching a $100 million fund to invest in startups focused on blockchain projects. The targets are companies in the Series A and B stages both in its home base of Hong Kong as well as further afield. “There is a lot of innovation coming from Asia,” co-founder Martin Baumann said. “There’s plenty of capital sitting on the sidelines waiting for the right entry valuations to pull the trigger.” Baumann and Morris hold a majority stake in CMCC, while Hong Kong tycoon Richard Li and Gemini Trust Co. founders Cameron and Tyler Winklevoss are investors in its holding entity. Venture capitalists globally have continued to pull back from crypto this year following 2022’s price crash, a string of bankruptcies and the scandal that enveloped FTX, whose co-founder Sam Bankman-Fried is awaiting trial. Story continues Private funding for crypto startups in the first quarter of this year plunged to its lowest level **Last 60 Days of Bitcoin's Closing Prices:** [22362.68, 22353.35, 22435.51, 22429.76, 22219.77, 21718.08, 20363.02, 20187.24, 20632.41, 22163.95, 24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-02 **Financial & Commodity Data:** - Gold Closing Price: $2014.30 - Crude Oil Closing Price: $71.66 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $542,371,495,350 - Hash Rate: 312374381.6166337 - Transaction Count: 457708.0 - Unique Addresses: 620729.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.55 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin Paper Wallet Offers a Safe and User-Friendly Way to Store and Gift Cryptocurrencies. LONDON , March 20, 2023 /PRNewswire/ -- Bitcoin is the most famous and firmly established cryptocurrency . While many people would like to experiment with Bitcoin , they are made nervous by sensational headlines and a lack of confidence in their internet skills. Bitcoin Paper Wallet aims to make it easier for everyone to access Bitcoin . Their latest innovation to that end is the relaunch of their website bitcoinpaperwallet.com . As well as upgrades to increase the website's speed and improvements to security protocols, the user interface has been streamlined, and more options added. The new, improved website is now fully responsive so you can generate bitcoin wallets on the go with any mobile device. Bitcoin Paper Wallet has also released a free-to-download app, available in the Google Play store, for use on mobile devices. It may seem counter-intuitive to download cryptocurrency into a paper wallet, but there are many advantages to doing so.  Having Bitcoin stored in a paper wallet means it is completely secure and not dependent on online exchanges that can collapse, be hacked and potentially lose investors' money. The user fully controls the creation of their paper wallet, and a number of security measures make the process completely safe. Once Bitcoin has been sent to the paper wallet, the owner knows it is impossible for hackers or unscrupulous people to steal their cryptocurrency . Another appealing factor contributing to the growing popularity of Bitcoin Paper Wallet is how they make it easy to give cryptocurrency as a gift, for example, gifting a paper wallet to a newborn grandchild.  However, whoever an investor wishes to gift Bitcoin to, a paper wallet is a safe, convenient, and attractive method to use as a present. Some who are new to cryptocurrency may be concerned that it is a passing fad. ' Crypto pessimists' talk about fluctuating rates and increased government regulations while ' crypto optimists' enthuse about the ever-increasing value of Bitcoin and how it is now becoming accepted as currency in many countries worldwide.  Reddit co-founder Alexis Ohanian calls himself a " crypto pragmatist". In a recent interview with Forbes, he stated that he "believes that crypto , and Bitcoin in particular, is here to stay." He compared the advent of blockchain to the creation of paper, saying that we would start to see more and more applications for this technology that would "compound in value and utility" over the years. Story continues While no one can predict the future, many experts predict that Bitcoin will dramatically increase in value this year. An encouraging statistic is that in February, the price of Bitcoin increased by more than 40 percent since the end of 2022, making it one the most positive starts to a year for the cryptocurrency . For those looking to invest in cryptocurrencies, Bitcoin Paper Wallet could be the safest and easiest way to begin. Media Contact: Jane Rivers +1 253-944-7065 [email protected] Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/bitcoin-paper-wallet-relaunches-website-with-new-and-improved-features-301776042.html SOURCE Bitcoin Paper Wallet View comments... - Reddit Posts (Sample): [['u/DisputableSSD', 'Proposal: Modification to the block header to decrease node storage requirements by 60-70%', 95, '2023-05-02 01:57', 'https://www.reddit.com/r/Monero/comments/1355ipf/proposal_modification_to_the_block_header_to/', 'This post was inspired by [a proposal](https://bitcoincashresearch.org/t/chip-2021-07-utxo-fastsync/502) for BitcoinCash.\n\n**TLDR**: Skip downloading irrelevant data from old transactions. No increase to centralization/trusted-ness, and the extra verification cost is negligible.\n\nKey sections will be **bolded**, if you just want a general idea.\n\nA new field would be added to the block header. It\'s more-or-less identical to the existing merkle root which commits to every transaction in the block, except each transaction has `rctsig_prunable` removed. This portion of the transaction holds all of the cryptographic proofs, namely the ring signatures and rangeproofs, which represent the majority of a transaction\'s footprint in terms of size. Everything else, including all data necessary to verify future transactions, sync a wallet, and whatever else, are elsewhere in the transaction. Removing this field is, as you may have guessed from the name, how pruning works. **This extra 32-byte field would grow the blockchain by less than 9 megabytes per year, and would take less than a millisecond to verify for each block.**\n\nCurrently, pruned nodes must download the entire blockchain despite the fact that they only intend to keep about one third of it. This change would allow them to only download the "core" of the transaction, thus skipping the unnecessary work. This would not only reduce the amount of data which each node has to download, but also reduce the overall strain on the network. Additionally, **this would technically remove the need for keeping old data at all: the network could function fine with 100% fully-pruned nodes**, though in practice it would be good to maintain some full copies, even if not strictly necessary.\n\nThe existing pruning implementation retains a full copy of 1/8 of all blocks, which is also compatible with this proposal. Without going into too much detail, a pruned node will randomly select a "seed" with which it will decide the blocks it wants to keep. On the blocks which it prunes, the pruned transaction set would be download. On blocks which it does not prune, the full transaction set would be downloaded.\n\nBut wait a minute, **if nodes don\'t download the proofs from old transactions, doesn\'t that mean we risk accepting invalid transactions? Well yes, but nodes** ***already*** **do this.** There is a checkpoint system in place, where every transaction before a certain block is automatically assumed to be valid, which drastically reduces the time needed to verify the blockchain. What this means, though, is that every node must download all those old proofs, only to do nothing with them, except for transmit them to other nodes, thus continuing the cycle. New blocks (usually within a few months), which aren\'t explicitly marked as valid within the software, are verified normally. This modification would work the same: new blocks would be fully downloaded as normal. **There is no extra risk involved with this change, since checkpoints already do the same thing, just in a less efficient way.**\n\nCheckpoints are not unique to Monero, either. Bitcoin has them (albeit, implemented differently), and Ethereum even has a "quick-sync" feature which is similar to this proposal. Most, if not all, other cryptocurrencies have some form of checkpoints, so Monero is not an exception.\n\nThis could be implemented in a future hard fork. It\'s possible to make it a soft fork, similar to SegWit in Bitcoin, but I don\'t think anyone here wants to recreate that mess. This change is also completely compatible with Seraphis, and likely any other potential future transaction protocol, so it\'s future-proof.\n\n​\n\n# Edit:\n\nAfter further research, apparently this already exists! Just in a slightly different manner than what I described. The `--sync-pruned-blocks` flag was added in 2019, but from what I can tell it appears to be mostly forgotten about. I\'ve opened [an issue](https://github.com/monero-project/monero/issues/8834) on GitHub, suggesting to enable this by default for pruned nodes. There seems to be no reason why not to, as current pruning behavior means that the node will immediately discard most of the data it just downloaded, when syncing old blocks.', 'https://www.reddit.com/r/Monero/comments/1355ipf/proposal_modification_to_the_block_header_to/', '1355ipf', [['u/bdoc50', 16, '2023-05-02 02:11', 'https://www.reddit.com/r/Monero/comments/1355ipf/proposal_modification_to_the_block_header_to/jii1e6z/', 'This would be great if works as described. Chain "bloat" is the last sticking point for BTC maxi FUD regarding Monero.', '1355ipf'], ['u/gingeropolous', 10, '2023-05-02 02:33', 'https://www.reddit.com/r/Monero/comments/1355ipf/proposal_modification_to_the_block_header_to/jii4c67/', "Then they'll scream centralization because this is essentially accepting a stamp of approval ( afaiui)", '1355ipf'], ['u/Tystros', 27, '2023-05-02 05:35', 'https://www.reddit.com/r/Monero/comments/1355ipf/proposal_modification_to_the_block_header_to/jiirthv/', 'you should post this as an issue on github', '1355ipf'], ['u/DisputableSSD', 11, '2023-05-02 07:34', 'https://www.reddit.com/r/Monero/comments/1355ipf/proposal_modification_to_the_block_header_to/jij3bdc/', 'Done! See the edit on the original post.', '1355ipf']]], ['u/shiraco414', 'If I could go back five years', 34, '2023-05-02 02:09', 'https://www.reddit.com/r/M1Finance/comments/1355su7/if_i_could_go_back_five_years/', 'I would tell myself to stop pretending I knew what I was doing or care to know, and just put my money in VOO and some in VUG.\n\nI would have made more money without stressing myself and looking at my phone all the time. \n\nObviously, I\'m not counting things like "buy bitcoin X date and sell it X date"', 'https://www.reddit.com/r/M1Finance/comments/1355su7/if_i_could_go_back_five_years/', '1355su7', [['u/slut', 26, '2023-05-02 02:16', 'https://www.reddit.com/r/M1Finance/comments/1355su7/if_i_could_go_back_five_years/jii1ztz/', 'M1Finance is the /r/wallstreetbets retirement home', '1355su7']]], ['u/HockeyGold11', '27M - Guidance needed', 20, '2023-05-02 02:20', 'https://www.reddit.com/r/Fire/comments/13561bu/27m_guidance_needed/', "Looking for advice as I think it may be time to change my strategy. I think I am too heavily investing in tax advantaged retirement accounts and wondering if I need to start exploring a taxable brokerage and HYSA.\n\nFinancial Breakdown:\n\n~105k income (about 3.5k expenses in VHCOL – SoCal)\n\n401k - 95k (max + generous employer match of 10-12k/yr)\n\nRoth - 40k (max yearly with some individual holdings like TSLA)\n\nHSA - 4.5k (max)\n\nCrypto - 8k (I buy $400ish bitcoin every month)\n\nI don't really have any savings outside of retirement and crypto. Do I need to tone down the tax advantaged and start building non-retirement or keep the current path?\n\nThanks for any help you can provide.", 'https://www.reddit.com/r/Fire/comments/13561bu/27m_guidance_needed/', '13561bu', [['u/parchedbeluga', 20, '2023-05-02 02:39', 'https://www.reddit.com/r/Fire/comments/13561bu/27m_guidance_needed/jii52ya/', "Continue to max every available tax-advantaged opportunity. You're on the cusp of being able to do so, and your future earnings will take you over that limit where you'll have to contribute to taxable accounts anyway (mega backdoor aside). \n\nThink of it this way - you want funds to grow tax free for as long as possible. Why wouldn't you want those accounts to be maximized as early as possible? Even if you retire before withdrawal age, you'll need money when you're older too. \n\nAlso here's obligatory unsolicited advice to dump your individual holdings. It can work for people who really know what they're doing. Based on where that money is going, you aren't one of those people.", '13561bu'], ['u/o2msc', 25, '2023-05-02 02:42', 'https://www.reddit.com/r/Fire/comments/13561bu/27m_guidance_needed/jii5gl6/', 'You should have about $20,000 in a HYSA as your six month emergency fund. Especially living in a VHCOL area with a more modest income for Southern California. Really no business having that much money going into crypto every month when you don’t have any savings.', '13561bu']]], ['u/Fureasies', 'Hashrate goes brrrr (ATH)', 30, '2023-05-02 03:03', 'https://www.reddit.com/r/Bitcoin/comments/1356yp0/hashrate_goes_brrrr_ath/', '[https://www.coinwarz.com/mining/bitcoin/hashrate-chart](https://www.coinwarz.com/mining/bitcoin/hashrate-chart)\n\n491.15 EH/s (2.5.2023 1.08 am UTC)\n\nhttps://preview.redd.it/0iwlsnpwhbxa1.png?width=983&format=png&auto=webp&v=enabled&s=12ed98b58571320c5b814a0fcc048f1c756de0ec', 'https://www.reddit.com/r/Bitcoin/comments/1356yp0/hashrate_goes_brrrr_ath/', '1356yp0', [['u/Unlikely-Swordfish28', 16, '2023-05-02 03:36', 'https://www.reddit.com/r/Bitcoin/comments/1356yp0/hashrate_goes_brrrr_ath/jiicpq6/', 'i find hashrate so interesting, prob the most bullish signal we have. Someone, somewhere is pouring a lot of resources into mining infrascture, likely a nation state', '1356yp0'], ['u/jamesblacklock', 11, '2023-05-02 05:31', 'https://www.reddit.com/r/Bitcoin/comments/1356yp0/hashrate_goes_brrrr_ath/jiirey7/', 'I\'m going to describe it in a not totally accurate way that may be easier to follow.\n\nHashrate basically *roughly* represents the number of miners (or "mining units") that are racing to create a block. The more miners there are, the higher the hashrate will go, and that\'s good for numerous reasons:\n\n1. It makes it harder for an attacker to use a 50% attack because the attacker has so much competition\n2. It suggests that mining profitability has probably increased, maybe because of more efficient mining equipment, maybe other reasons\n... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Highly anticipated layer-1 blockchain Suilaunchestomorrow, but how does it, and its native token SUI, actually work?\nTheproof-of-stakeblockchain, which uses a modified version of the Move programming language, has a cap of 10 billion tokens.\nThe Sui Foundationsaysthat a share of SUI’s total supply will be liquid at its mainnet launch tomorrow. The remaining tokens will be available over the coming years or distributed as future stake rewards.\nSUI will be used to pay gas fees for transactions, staking (to earn rewards), and as part of the network’s governance process. Half the supply of the tokens are allocated to the Community Reserve—a fund managed by theSui Foundation.\nMost of the remaining tokens will be for those who contributed to the project, and 14% will be allocated to investors, the Sui Foundation has said. Sui community members will be able to purchase the SUI token in the early stages of Sui Mainnet.\nSui Token and Network Launch: What You Need to Know\nWhich exchanges will be supporting SUI? A number of smaller exchanges—BitForex, DigiFinex, HotBit and SuperEx—have allowed customers to buy IOU versions of the tokens in advance. Of the major exchanges, Binance, OKX, KuCoin, and ByBit have all made announcements. American citizens and residents are ineligible to receive SUI.\nThe world’s biggest crypto exchangeannouncedlast week that users will first be able to farm SUI via Binance Launcpool, a DeFi platform that allows users to farm new assets. Binance will then list SUI when its liquidity meets the requirement and open trading with SUI/BTC, SUI/USDT, SUI/TUSD and SUI/BNB trading pairs, the company added.\nSUI will also be available via Seychelles-based crypto exchange OKX’s Jumpstart platform,accordingto a blog post. The exchange last month said that users could get involved first via a token allocation lottery where holders of OKB (the exchange’s native token) could buy lottery tickets. Winners of the lottery would then be allowed to buy SUI.\nThe exchange also said it would allow users to view and trade assets on Sui via its OKX mobile app and OKX Wallet web extension.\nKuCoin has said that tokens will be available to investors immediately when the mainnet goes live tomorrow. The trading pair will only be SUI/USDT, and USDT-margined futures will be available at a later date when its liquidity meets the requirement, according to the exchange.\nBybit launched a SUI “recognition sale” last month—only allowing selected community members to snap up the token. Spot trading will be available for retail traders with SUI/USDT and SUI/USDC pairs from tomorrow, the exchange has said.', 'Highly anticipated layer-1 blockchain Sui launches tomorrow, but how does it, and its native token SUI, actually work? The proof-of-stake blockchain, which uses a modified version of the Move programming language, has a cap of 10 billion tokens. The Sui Foundation says that a share of SUI’s total supply will be liquid at its mainnet launch tomorrow. The remaining tokens will be available over the coming years or distributed as future stake rewards. SUI will be used to pay gas fees for transactions, staking (to earn rewards), and as part of the network’s governance process. Half the supply of the tokens are allocated to the Community Reserve—a fund managed by the Sui Foundation . Most of the remaining tokens will be for those who contributed to the project, and 14% will be allocated to investors, the Sui Foundation has said. Sui community members will be able to purchase the SUI token in the early stages of Sui Mainnet. Sui Token and Network Launch: What You Need to Know Which exchanges will be supporting SUI? A number of smaller exchanges—BitForex, DigiFinex, HotBit and SuperEx—have allowed customers to buy IOU versions of the tokens in advance. Of the major exchanges, Binance, OKX, KuCoin, and ByBit have all made announcements. American citizens and residents are ineligible to receive SUI. Binance The world’s biggest crypto exchange announced last week that users will first be able to farm SUI via Binance Launcpool, a DeFi platform that allows users to farm new assets. Binance will then list SUI when its liquidity meets the requirement and open trading with SUI/BTC, SUI/USDT, SUI/TUSD and SUI/BNB trading pairs, the company added. OKX SUI will also be available via Seychelles-based crypto exchange OKX’s Jumpstart platform, according to a blog post. The exchange last month said that users could get involved first via a token allocation lottery where holders of OKB (the exchange’s native token) could buy lottery tickets. Winners of the lottery would then be allowed to buy SUI. Story continues 🌊 Mainnet officially launches this Wednesday at 12:00 PM UTC. Get ready. pic.twitter.com/EBVF9kmCX2 — Sui (@SuiNetwork) April 30, 2023 The exchange also said it would allow users to view and trade assets on Sui via its OKX mobile app and OKX Wallet web extension. KuCoin KuCoin has said that tokens will be available to investors immediately when the mainnet goes live tomorrow. The trading pair will only be SUI/USDT, and USDT-margined futures will be available at a later date when its liquidity meets the requirement, according to the exchange. Bybit 📣 $SUI will be listed on #Bybit Spot on May 3, 12PM UTC. @SuiNetwork Explore $SUI now: https://t.co/OOX2eavzdW #TheCryptoArk #BybitSpot pic.twitter.com/pAXHGlOm8K — Bybit (@Bybit_Official) May 2, 2023 Bybit launched a SUI “recognition sale” last month—only allowing selected community members to snap up the token. Spot trading will be available for retail traders with SUI/USDT and SUI/USDC pairs from tomorrow, the exchange has said.', 'The total fees paid for Ordinal inscriptions topped 272 BTC, around $7.6 million on Tuesday, according to a Dune Analyticsdashboard. On Monday alone, over 372,000 inscriptions were created on the Bitcoin network—contributing to a daily record 682,281 Bitcoin transactions—with daily network fees hitting 23 BTC, or around $656,000.\n“Most of the acceleration is BRC-20,” Trevor Owens, Managing Partner at Bitcoin Frontier Fund, toldDecrypt. The BRC-20 token standard made minting tokens and meme coins on the Bitcoin network possible, clearing the path for over 1 million more inscriptions to be added to the over2.5 millionalready on the Bitcoin network in less than a week.\nIntroduced in March,BRC-20—or Bitcoin Request for Comment number 20—allowed the creation of fungible tokens using the Ordinals protocol launching a new wave of interest in minting NFT-like assets on the Bitcoin blockchain.\nBut while JPEGs are flooding the network, most inscriptions are still text-based.\n“Text inscriptions are lower cost since you pay based on the size of the data,” Owens said. “So they are low-cost high volume, whereas JPEGs and digital media is high cost, low volume.”\nCurrently, the memory usage on the Bitcoin network is over 650 MB, double the initial 300 MB capacity, indicating a higher demand for computer memory due to the increased transactions and fuller blocks, according to data fromMempool. This increase may make running a node more challenging, but Ordinals proponents say it secures and strengthens the network.\n“As long as the value gained from minting BRC-20 tokens is higher than the value lost to the inscription fees, we will see fees on Bitcoin continue to climb,” pseudonymous Twitter user @LeonidasNFT said, adding that higher fees on Bitcoin are a very good thing.\n“It indicates strong demand for Bitcoin’s block space, which is critical for the long-term success of the protocol,” Leonidas said. “The days of only using Bitcoin to transfer BTC to your hardware wallet once every few years have come to an end.”\nBitcoin NFT Mints Surpass 200K—But Is Interest in Ordinals Fading?\nHigh fees benefit the Bitcoin blockchain by incentivizing miners, prioritizing valuable transactions, and enhancing network security. However, while loading up the Bitcoin blockchain with JPEGs and sending fees skyrocketing may be good for miners and the network’s security, it puts a higher price tag on transactions on the network.\n“In February, we inscribed the Taproot Wizards collection, which took over 80MB of Bitcoin block space,” Taproot Wizardstweeted. “But now bitcoin transaction fees are so high, that if we tried inscribing the 80MB of wizards today, the fees would’ve cost us 32 BTC. Almost $1 million dollars.”\n“I think this is the best thing that could have happened to Bitcoin,” Owens said, pointing out that the launch and development of Ordinals did not require changing the Bitcoin base protocol. “We’ve unlocked new use cases to bring in liquidity, new users, and lots of developers making Bitcoin more valuable through better user experience and more use cases is what we need to reach mass adoption.”', 'The total fees paid for Ordinal inscriptions topped 272 BTC, around $7.6 million on Tuesday, according to a Dune Analyticsdashboard. On Monday alone, over 372,000 inscriptions were created on the Bitcoin network—contributing to a daily record 682,281 Bitcoin transactions—with daily network fees hitting 23 BTC, or around $656,000.\n“Most of the acceleration is BRC-20,” Trevor Owens, Managing Partner at Bitcoin Frontier Fund, toldDecrypt. The BRC-20 token standard made minting tokens and meme coins on the Bitcoin network possible, clearing the path for over 1 million more inscriptions to be added to the over2.5 millionalready on the Bitcoin network in less than a week.\nIntroduced in March,BRC-20—or Bitcoin Request for Comment number 20—allowed the creation of fungible tokens using the Ordinals protocol launching a new wave of interest in minting NFT-like assets on the Bitcoin blockchain.\nBut while JPEGs are flooding the network, most inscriptions are still text-based.\n“Text inscriptions are lower cost since you pay based on the size of the data,” Owens said. “So they are low-cost high volume, whereas JPEGs and digital media is high cost, low volume.”\nCurrently, the memory usage **Last 60 Days of Bitcoin's Closing Prices:** [22353.35, 22435.51, 22429.76, 22219.77, 21718.08, 20363.02, 20187.24, 20632.41, 22163.95, 24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-03 **Financial & Commodity Data:** - Gold Closing Price: $2028.60 - Crude Oil Closing Price: $68.60 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $555,230,440,625 - Hash Rate: 341432463.6274834 - Transaction Count: 489559.0 - Unique Addresses: 728440.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.64 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Rupert Murdoch and his son Lachlan can’t avoid testifying at trial if they’re subpoenaed by Dominion Voting Systems Inc. in the company’s $1.6 billion defamation suit over Fox News’s airing of false claims that it rigged the 2020 presidential election, a judge said. Most Read from Bloomberg Google and Amazon Struggle to Lay Off Workers in Europe Tesla Cuts Prices of All Models for the Second Time This Year China Restraint on Taiwan Shows Xi Has Bigger Concerns Now Nassim Taleb On What Bitcoiners, Anti-Vaxxers, VCs and Deadlifters Are Getting Wrong US Hiring Moderates, Unemployment Falls in Mixed Signal for Fed “If Dominion wants to bring them live, they need to do a trial subpoena and I would not quash it and I would compel them to come,” Delaware Superior Court Judge Eric Davis said Wednesday in a public hearing. “I know it’s difficult, I know they have very large loads and other focuses, but maybe we can work on trying to push the least amount of inconvenience on them as possible.” Davis said he’d also compel former House Speaker Paul Ryan, now a Fox board member, and Fox Corp. Chief Legal Officer Viet Dinh to testify, if they’re subpoenaed. The trial, scheduled to start April 17 in Wilmington, Delaware, will shed light on why Fox repeatedly allowed guests like Rudy Giuliani and former Trump campaign lawyer Sidney Powell to falsely claim that Dominion conspired with foreign hackers and corrupt Democrats to ensure Joe Biden won, even though many Fox employees knew it was bogus. Murdoch, the 92-year-old chairman of the network’s parent, wasn’t included on a witness list filed by Fox Tuesday in state court. Co-chairman Lachlan Murdoch also wasn’t on the list. Dominion has identified both men as key witnesses for trial. Read Fox’s witness list here “Demanding witnesses who had nothing to do with the challenged broadcasts is just the latest example of their political crusade in search of a financial windfall,” Fox said in a statement. Story continues Dominion had urged the court to compel the Murdochs to testify, in a letter responding to Fox’s list. The judge ruled last month that a jury must decide whether Fox’s defamatory broadcasts were made with knowing or reckless disregard for the truth and whether Dominion suffered damages. Read More: Fox Judge Says It’s ‘CRYSTAL Clear’ Election Claims Were False Fox Corp. has previously said Rupert Murdoch should not have to testify live, arguing that his extensive deposition testimony under oath about Fox’s reporting on the election and his role in news coverage is sufficient to show jurors. Fox argues Murdoch had no direct control over the reporting, overseen by executives at Fox News. At a March 28 hearing, Davis balked at Fox Corp.’s suggestion that it may be too burdensome for Rupert Murdoch to testify live. The judge also said he prefers live testimony and stressed that he has the authority to order executives of Delaware-incorporated companies to take the witness stand. Even so, Fox didn’t include Murdoch on its list of live witnesses. The list does include current and former Fox hosts Maria Bartiromo, Tucker Carlson, Lou Dobbs, Sean Hannity, Jeanine Pirro, Bret Baier and Fox News Chief Executive Officer Suzanne Scott, all of whom played central roles in Fox’s coverage of the election. The case is Dominion Voting Systems v. Fox Corp., N21C-11-082 EMD CCLD, Delaware Superior Court (Wilmington). (Updates with comment from Fox.) Most Read from Bloomberg Businessweek Scaramucci’s SkyBridge Capital Was Spiraling, and Then Came FTX Apple’s Complex, Secretive Gamble to Move Beyond China What to Do With Your Money—and Your Life—in a Wild New World Xi Jinping Launches a Charm Offensive to Repair China’s Tattered Image Thanks to Putin, Business Is Booming for Germany’s Defense Contractors ©2023 Bloomberg L.P.... - Reddit Posts (Sample): [['u/kryptoNoob69420', "Balaji Srinivasan 'Burns' $1 Million in Bitcoin to Prove a Point", 17, '2023-05-03 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/1361zyp/balaji_srinivasan_burns_1_million_in_bitcoin_to/', 'Dude kept his word and paid up. I wish more rich people like Robert Kiyosaki and Michael Burry would have the guts to make similar bets while making their lame predictions.', 'https://decrypt.co/138632/balaji-srinivasan-burns-1-million-bitcoin', '1361zyp', [['u/kryptoNoob69420', 14, '2023-05-03 00:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1361zyp/balaji_srinivasan_burns_1_million_in_bitcoin_to/jimdnhw/', '"Today, he said the bet had been “closed out by mutual agreement” and settled early, giving $500,000 to poverty charity Give Directly, $500,000 to Bitcoin core developers, and $500,000 to Medlock. "\n\nThat\'s a good donation to charity and to the Bitcoin devs. Dude made a stupid bet but paid up without any bullshit or excuses.', '1361zyp']]], ['u/azchronic', 'Might sound like stupid question, but does it really matter if initial BTC or XMR purchase is made with ID?', 31, '2023-05-03 03:24', 'https://www.reddit.com/r/darknet/comments/1366j1c/might_sound_like_stupid_question_but_does_it/', 'Hypothetically if you were to run it through multiple mixers / wallets after would the initial KYC information matter? Asking for a close friend who is pretty stupid and dumb.', 'https://www.reddit.com/r/darknet/comments/1366j1c/might_sound_like_stupid_question_but_does_it/', '1366j1c', [['u/AridDarkness', 19, '2023-05-03 03:41', 'https://www.reddit.com/r/darknet/comments/1366j1c/might_sound_like_stupid_question_but_does_it/jin5gty/', 'No. You should be more than fine buying btc clear then transfer it into monero', '1366j1c'], ['u/[deleted]', 48, '2023-05-03 03:50', 'https://www.reddit.com/r/darknet/comments/1366j1c/might_sound_like_stupid_question_but_does_it/jin6sr1/', 'Monero, unlike Bitcoin, is **electronic cash.**\n\nHaving Monero in your wallet is exactly like having cash in your wallet. It doesn\'t matter that you got it from the bank and they have your ID and account number... the moment you walk out of the bank with the funds in your wallet, "they" can\'t tell what happens anymore.\n\nJust use Monero. **Fuck surveillance. Fuck Bitcoin.**', '1366j1c'], ['u/Adventurous-Tax-4356', 69, '2023-05-03 03:59', 'https://www.reddit.com/r/darknet/comments/1366j1c/might_sound_like_stupid_question_but_does_it/jin836o/', 'BTC- yes, even with mixers the ability to trace entire path is proven to be easy now which is why mixers are pointless \n\nXMR- no, not at the moment, as long as you transfer to other wallet(s). But may be possible in the future', '1366j1c'], ['u/Brandon209999', 13, '2023-05-03 04:13', 'https://www.reddit.com/r/darknet/comments/1366j1c/might_sound_like_stupid_question_but_does_it/jin9ymw/', 'Finally a good answer', '1366j1c'], ['u/dreamyxlanters', 11, '2023-05-03 05:32', 'https://www.reddit.com/r/darknet/comments/1366j1c/might_sound_like_stupid_question_but_does_it/jinjz4g/', 'First, you should only using XMR and not BTC \n\nSecond, no it does not matter. Let’s say you buy some XMR from Kraken, and you use your ID to buy it. The only thing they can see is the wallet you sent it to. Personally, when I buy mine it goes through 3 wallets before I’m doing anything with it. \n\nCompanies already have your information, it’s sold everyday. It makes no difference, and they can’t see what you’ve done with it or where it went.', '1366j1c']]], ['u/breakfastpete', "When buttcoin fails, I don't look forward to the rationalizations and excuses from the butters.", 49, '2023-05-03 03:42', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/', 'Long time lurker, first time poster. I just wanted to say that **when** this house of cards comes tumbling down on the bitcoin endeavor (maybe with the collapse of Tether?) the anger from the butter-faithfuls will be overwhelming I\'m sure. I mean, I don\'t doubt that there will be many people who were "in it for the money" who will simply roll with the punches and just go on with their lives.\n\n\n\n\nBut what I don\'t look forward to are the buttcoin faithfuls who will *still* insist that the technology is awesome and will blame **everybody** but themselves for the failure. I can just see them blaming the government, blaming mainstream media, Biden, and they might even blame lizard Jews or some such nonsense. And I personally don\'t look forward to see that bullshit from idiots who place the blame of their financial frustration on some stupid false-conspiracy rather than use the moment to re-examine their own decisions.', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/', '1366x3z', [['u/[deleted]', 13, '2023-05-03 03:56', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jin7nfl/', "Oh yeah, get ready for 30 years of conspiracy theories of why it didn't work out.", '1366x3z'], ['u/FoulmouthedGiftHorse', 38, '2023-05-03 04:00', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jin83me/', 'They’ll blame the government.\n\nIf the government enacts legislation and regulations to curtail the scams, fraudulent exchanges and stablecoins, it will crash - they’ll blame the government for killing it. If the government does nothing, the scams will implode under their own fraud and it will crash - they will blame the government for not doing enough to protect them.', '1366x3z'], ['u/SilentButDeadlySquid', 58, '2023-05-03 04:06', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jin8wtp/', 'Go here: https://www.reddit.com/r/BBBY\n\nI think it will be something like this. Of course they believe that is what it will be like when the entire world economy fails.', '1366x3z'], ['u/NewKitchenFixtures', 18, '2023-05-03 04:07', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jin941i/', 'I’d expect it to be like the BBBY stuff. Seeing that gave me a better idea of what is behind bitcoin as there are no reasons to obscure intentions once they reach curtain call.\n\nThat said, without an underlying asset or thing to go bankrupt (like a dead company for a meme stock) there is nothing to force an end. And in a closed loop the value on coins may hold in some disconnected world on its own indefinitely.\n\nEven if there are no off ramps and there are five proof of work servers left in the world.', '1366x3z'], ['u/LloydBrahn', 10, '2023-05-03 04:30', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jinc7em/', 'That shit is amazing. Pure cult nut jobs that have completely lost the plot. Literally still think bbby is gonna “MOASS”. Still', '1366x3z'], ['u/hoenndex', 21, '2023-05-03 05:12', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jinhnhv/', 'Which is pretty hilarious considering one of their common phrases is that Bitcoin is censorship proof. They claim there is no way government can kill crypto, when there are so many ways it could be done.', '1366x3z'], ['u/Rokos_Bicycle', 13, '2023-05-03 07:42', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jinx9x4/', 'That is fucking wild', '1366x3z'], ['u/Iazo', 13, '2023-05-03 09:14', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jio48oy/', 'If there are a bunch of morons eating a turd and one asks: "Is there anything that would make you change your mind towards eating a turd?" ...well, that\'s not the gotcha what you imagine it to be.\n\nBitcoin is shit. There are SOME circumstances is which maybe a cryptocoin would be not shit, but bitcoin is not it. The scam-friendly model in which access is equal to ownership, the intolerance to mistakes, the transaction throughput, the deflationary model, the idiotic energy waste, the inaccesibility, and more, cause this is just off the top of my head.\n\nNote, all this is INDIFFERENT to the price of butts. It matters to the butters, but the foibles are structural, and would be there regardles of whether butts are wash traded at 500$ or 100k$.', '1366x3z'], ['u/AtJackBaldwin', 21, '2023-05-03 09:59', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jio7arc/', 'A bricks and mortar homewares store which is bankrupt. People invested in it through social media hype which turned into a massive pump and dump, now the only ones left are Q-adjacent weirdos who think that some superhero investor is going to swoop in and pay them thousands of dollars per share because of reasons.', '1366x3z'], ['u/Hayden3456', 21, '2023-05-03 10:10', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jio81pr/', 'Also checkout r/gme_meltdown for the highlights', '1366x3z'], ['u/Siccors', 12, '2023-05-03 11:32', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jiodg4t/', 'The problem is you have such a wide range of tokens. I will never change my opinion regarding Bitcoin, since destroying the environment is simply not needed for a financial system. \n\nRegarding others which don\'t destroy the environment, I am not a libertarian, so also not hugely in favour of letting free market handle everything. But to be convinced it has a future I would at least need to see it being used often in real life, and preferably with advantages compared to what I already got now. So just numbers go up would not convince me. \n\n(Only \'relation\' between crypto and nutrition I am aware of is the absolute bullshit from Bitcoin maxis regarding "fiat food", I hope yours is not related to that).', '1366x3z... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['New mining investment service diversifies the growing company\'s offerings, aims to simplify digital asset mining and make it more accessible SEOUL, South Korea , May 3, 2023 /PRNewswire/ -- Haru Invest , a leading digital asset management platform, today announced the launch of its crypto mining product Haru Mining in partnership with Canadian crypto miner Pow.re . Haru Invest logo (PRNewsfoto/Haru Invest) Haru Mining represents a strategic expansion of Haru Invest\'s suite of digital asset investment services, opening users to earn strong returns from the company\'s access to environmentally friendly crypto mining via its recent investment in stranded energy miner Pow.re . Users who lock-up a minimum of 20 USDT for three years can earn an annual dividend rate of up to 16% based on returns from Pow.re\'s digital asset mining. "At Haru Invest, we believe everyone deserves the opportunity to achieve financial freedom and are strong advocates in driving mass adoption of crypto by making investing, and now mining, easier and more accessible for all," said Hugo Lee , CEO of Haru Invest. "Mining has always been an area of interest for Haru Invest, and we\'re excited to partner with Pow.re to help diversify our products and utilize environmentally-friendly methods for mining activities. Sustainable Mining and Stable Returns Haru Invest began mining Bitcoin in January 2023 following a $9M Series A investment it led into Pow.re, which uses only renewable energy and strives to develop environmentally friendly and effective mining. Pow.re has been mining for years and its mining facilities are approved by the Canadian and Paraguayan governments. Haru Invest\'s partnership with an existing, experienced and trusted digital asset mining business enables it to deliver strong returns for users of its new mining investment product, Haru Mining. Because Haru Invest has been mining since January \x97 when the price of Bitcoin was around $16,500 , roughly 40% lower than its current price \x97 it already holds significant dividends for payouts of its new mining tool. Story continues How Haru Mining Works Investor deposits will go toward expanding Haru Invest\'s mining facilities so the company can add additional miners and mining devices, and investors\' principal will be guaranteed based on profit from the new miners. Its mining investment product offers users a long-term investment vehicle with competitive earn rates and no principal loss. More details on Haru Mining: Lockup period: 3 years Principal: USDT Annual Dividend rate: Up to 16% Payout: BTC Price of Bitcoin : CoinMarketCap\'s closing price 2 days before the round opens Minimum lockup amount: 20 USDT First sale pool size: 2,000,000 USDT First round open date: April 24th First round end date: When pool reaches its limit Haru Invest offers users three core crypto investment products and features some of the highest crypto earn rates in the market, with up to 16% APR, powered by its strong in-house digital asset management teams who employ high-frequency algorithmic trading strategies that take advantage of market inefficiencies and gaps to generate profits. Since its founding in 2019, Haru Invest has processed more than $2.27B in total transaction volume across more than 140 countries, has paid out earnings over 9.7 million times and has never experienced a security breach, missed earnings payout or failed withdrawal. To learn more about Haru Invest and its new mining product, visit https://haruinvest.com/mining . About Haru Invest Haru Invest, a subsidiary service brand of Block Crafters, is a successful CeFi digital asset investment platform that built a secure bridge between crypto investment services, decentralized, and traditional finance, with $2.27 billion in total transaction volume. Haru Invest supports five crypto assets \x97 Bitcoin , Ether, Tether, Ripple and USDC \x97 with a tier of investment strategies, Earn Plus and Earn Explore. The Haru Invest team has over five years\' experience in diverse strategies of crypto fund management, based on a trading model that takes advantage of market inefficiencies to generate stable profits. With users in over 140 countries, Haru Invest is committed to educating and guiding crypto owners at all levels to achieve stable and profitable digital asset investment goals. For more information: SHIFT Communications [email protected] Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/haru-invest-continues-expansion-with-haru-mining-a-new-crypto-mining-investment-product-in-partnership-with-powre-301815363.html SOURCE Haru Invest', 'New mining investment service diversifies the growing company\'s offerings, aims to simplify digital asset mining and make it more accessible SEOUL, South Korea , May 3, 2023 /PRNewswire/ -- Haru Invest , a leading digital asset management platform, today announced the launch of its crypto mining product Haru Mining in partnership with Canadian crypto miner Pow.re . Haru Invest logo (PRNewsfoto/Haru Invest) Haru Mining represents a strategic expansion of Haru Invest\'s suite of digital asset investment services, opening users to earn strong returns from the company\'s access to environmentally friendly crypto mining via its recent investment in stranded energy miner Pow.re . Users who lock-up a minimum of 20 USDT for three years can earn an annual dividend rate of up to 16% based on returns from Pow.re\'s digital asset mining. "At Haru Invest, we believe everyone deserves the opportunity to achieve financial freedom and are strong advocates in driving mass adoption of crypto by making investing, and now mining, easier and more accessible for all," said Hugo Lee , CEO of Haru Invest. "Mining has always been an area of interest for Haru Invest, and we\'re excited to partner with Pow.re to help diversify our products and utilize environmentally-friendly methods for mining activities. Sustainable Mining and Stable Returns Haru Invest began mining Bitcoin in January 2023 following a $9M Series A investment it led into Pow.re, which uses only renewable energy and strives to develop environmentally friendly and effective mining. Pow.re has been mining for years and its mining facilities are approved by the Canadian and Paraguayan governments. Haru Invest\'s partnership with an existing, experienced and trusted digital asset mining business enables it to deliver strong returns for users of its new mining investment product, Haru Mining. Because Haru Invest has been mining since January \x97 when the price of Bitcoin was around $16,500 , roughly 40% lower than its current price \x97 it already holds significant dividends for payouts of its new mining tool. Story continues How Haru Mining Works Investor deposits will go toward expanding Haru Invest\'s mining facilities so the company can add additional miners and mining devices, and investors\' principal will be guaranteed based on profit from the new miners. Its mining investment product offers users a long-term investment vehicle with competitive earn rates and no principal loss. More details on Haru Mining: Lockup period: 3 years Principal: USDT Annual Dividend rate: Up to 16% Payout: BTC Price of Bitcoin : CoinMarketCap\'s closing price 2 days before the round opens Minimum lockup amount: 20 USDT First sale pool size: 2,000,000 USDT First round open date: April 24th First round end date: When pool reaches its limit Haru Invest offers users three core crypto investment products and features some of the highest crypto earn rates in the market, with up to 16% APR, powered by its strong in-house digital asset management teams who employ high-frequency algorithmic trading strategies that take advantage of market inefficiencies and gaps to generate profits. Since its founding in 2019, Haru Invest has processed more than $2.27B in total transaction volume across more than 140 countries, has paid out earnings over 9.7 million times and has never experienced a security breach, missed earnings payout or failed withdrawal. To learn more about Haru Invest and its new mining product, visit https://haruinvest.com/mining . About Haru Invest Haru Invest, a subsidiary service brand of Block Crafters, is a successful CeFi digital asset investment platform that built a secure bridge between crypto investment services, decentralized, and traditional finance, with $2.27 billion in total transaction volume. Haru Invest supports five crypto assets \x97 Bitcoin , Ether, Tether, Ripple and USDC \x97 with a tier of investment strategies, Earn Plus and Earn Explore. The Haru Invest team has over five years\' experience in diverse strategies of crypto fund management, based on a trading model that takes advantage of market inefficiencies to generate stable profits. With users in over 140 countries, Haru Invest is committed to educating and guiding crypto owners at all levels to achieve stable and profitable digital asset investment goals. For more information: SHIFT Communications [email protected] Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/haru-invest-continues-expansion-with-haru-mining-a-new-crypto-mining-investment-product-in-partnership-with-powre-301815363.html SOURCE Haru Invest', 'New mining investment service diversifies the growing company\'s offerings, aims to simplify digital asset mining and make it more accessible SEOUL, South Korea , May 3, 2023 /CNW/ -- Haru Invest , a leading digital asset management platform, today announced the launch of its crypto mining product Haru Mining in partnership with Canadian crypto miner Pow.re . Haru Invest logo (PRNewsfoto/Haru Invest) Haru Mining represents a strategic expansion of Haru Invest\'s suite of digital asset investment services, opening users to earn strong returns from the company\'s access to environmentally friendly crypto mining via its recent investment in stranded energy miner Pow.re . Users who lock-up a minimum of 20 U **Last 60 Days of Bitcoin's Closing Prices:** [22435.51, 22429.76, 22219.77, 21718.08, 20363.02, 20187.24, 20632.41, 22163.95, 24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-04 **Financial & Commodity Data:** - Gold Closing Price: $2048.00 - Crude Oil Closing Price: $68.56 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $562,300,669,362 - Hash Rate: 351888475.1483047 - Transaction Count: 491123.0 - Unique Addresses: 680011.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.64 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: ZUG, Switzerland , April 12, 2023 /PRNewswire/ -- The Quantum Resistance Corporation (QRC), post-quantum security experts, today announced a strategic partnership with RedSense, a leading threat intelligence and cybersecurity firm. RedSense will provide network security and management services for the QRC, and together RedSense and QRC will provide security for cryptocurrencies, as well as developers utilizing the Quantum Resistant Ledger (QRL) post-quantum secure blockchain to develop future-proof solutions. QRC - RedSense logos In particular, this partnership will result in a unique security program and market offering that leverages the combined expertise of RedSense and the QRC to help cryptocurrencies respond to the rapidly advancing threat of quantum computing. "The web3 space is often the site of lax security as projects, platforms and technology are often built without concern for traditional computer security processes and review. Without having a centralized authority to dictate policy, only a sufficiently advanced intelligence program such as what RedSense and the QRC provide, can provide some assurance to participants in an ecosystem that the sites and services they use have any degree of consistent security," said Craig Clement of the QRL Community. "RedSense and the QRC are building a program that we will extend to the market to help secure all digital currency projects and reduce attacks." Popular cryptocurrencies such as Bitcoin , Ethereum and Solana are hacked on an almost weekly basis, inflicting significant financial losses on users and further damaging the mainstream perception of cryptocurrency . In 2022, more than $3.8 billion worth of digital coins were stolen from digital asset holders, according to Chainalysis . The eye-popping losses (recent attacks on Wormhole, Binance and Ronin Network cost users between $325 million and $625 million per incident) reflect the significant vulnerabilities of decentralized finance protocols in traditional blockchain technology. Story continues "Unfortunately, we are only going to see more and more frequent attacks on cryptocurrencies and users' digital assets," said Yelisey Bohuslavskiy, Chief Intelligence Officer of RedSense. "The existing technology has a fundamental flaw, there are known attacks that can cause digital coins to go to zero and this will happen just as soon as a quantum computer of sufficient size is brought online. It's functionally unfixable and we could be just three to five years from a nightmare scenario." The QRC is a project of the Quantum Resistant Ledger ( QRL ), the only blockchain that utilizes a signature scheme that's recognized by the United States National Institute of Science and Technology (NIST) as being post-quantum secure with its use of XMSS . With the QRC providing a community security program backed by RedSense technology, this partnership will enable more developers to use the QRL network to build DeFi, NFTs, DAOs, DEXs, gaming, and communications apps that are secure from post-quantum cryptography threats. Learn more about the quantum computing risk, post-quantum security, and future-proof solutions: The Quantum Resistant Ledger The Quantum Resistance Corporation RedSense Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/the-quantum-resistance-corporation-and-redsense-announce-partnership-begin-program-to-help-digital-currencies-manage-the-rapidly-growing-risk-of-post-quantum-cryptography-301794952.html SOURCE The Quantum Resistance Corporation... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Tech startup Fedi has raised $17 million in an effort to make Bitcoin easier for newbies to use and grasp through the use of private and scalable "federations."\n"Fedi, as a company, aims to empower communities everywhere by accelerating the adoption of technologies like Bitcoin and Lightning—and rolling out Fedimint federations to communities and companies worldwide is how we intend to do it," Fedi CEO and co-founder Obi Nwosu toldDecrypt.\nFedimint federationsare a cryptographic Bitcoin tool that allows users to set up communities—which could be made up of friends, neighbors, businesses, or any other loosely coupled group of people—for custodying Bitcoin and Lightning together.\nStepping back for a minute, Bitcoin stands out from traditional digital money because it allows users to have control of their assets, rather than trust them in the hands of a third party. It’s kind of like digital cash. But, most users end up storing their money on exchanges or custodial wallets anyway because self-custody takes time to learn.\nLightning Labs Aims to Help \'Bring Bitcoin to Billions\' With Latest Upgrade\nFedi wants to use federations to provide a way of using Bitcoin that\'s easy, and gives users more security than traditional Bitcoin wallets. It works because rather than just one custodian being in charge, the Fedimint protocol allows power to be distributed amongst a number of custodians, making it harder for any single entity to run off with the funds.\n"The main advantages of the Fedimint protocol are that it provides an incredibly powerful yet simple way to use Bitcoin without requiring a single point of trust or control, it allows Bitcoin to scale to billions of users, and it enables builders to extend the functionality of the Bitcoin ecosystem more powerfully and easily than current smart contract, DeFi, and Web3 solutions on alternative blockchains," Nwosu said.\nWhat You Need to Know About the Bitcoin \'Privacy War\'\nAdditionally, Fedi claims to provide more privacy than the most popular Bitcoin wallets. Under the hood, the Fedimint protocol obscures who\'s a part of a federation and how much Bitcoin each user has, so that the custodians can’t see any of these details.\nFedi also has plans to go beyond Bitcoin with a "federated operating system" that would allow "a Fedi user to take control of their money and data by utilizing one or more trusted federations of their choosing,” Nwosu said.\n"One of Fedi\'s in-built features will be a wallet, but chat, web browsing, and application execution will also be significant capabilities," he added. The team plans to release an Alpha version of its product geared towards developers by the end of the month.', 'Tech startup Fedi has raised $17 million in an effort to make Bitcoin easier for newbies to use and grasp through the use of private and scalable "federations." "Fedi, as a company, aims to empower communities everywhere by accelerating the adoption of technologies like Bitcoin and Lightning—and rolling out Fedimint federations to communities and companies worldwide is how we intend to do it," Fedi CEO and co-founder Obi Nwosu told Decrypt . Fedimint federations are a cryptographic Bitcoin tool that allows users to set up communities—which could be made up of friends, neighbors, businesses, or any other loosely coupled group of people—for custodying Bitcoin and Lightning together. Stepping back for a minute, Bitcoin stands out from traditional digital money because it allows users to have control of their assets, rather than trust them in the hands of a third party. It’s kind of like digital cash. But, most users end up storing their money on exchanges or custodial wallets anyway because self-custody takes time to learn. Lightning Labs Aims to Help \'Bring Bitcoin to Billions\' With Latest Upgrade Fedi wants to use federations to provide a way of using Bitcoin that\'s easy, and gives users more security than traditional Bitcoin wallets. It works because rather than just one custodian being in charge, the Fedimint protocol allows power to be distributed amongst a number of custodians, making it harder for any single entity to run off with the funds. "The main advantages of the Fedimint protocol are that it provides an incredibly powerful yet simple way to use Bitcoin without requiring a single point of trust or control, it allows Bitcoin to scale to billions of users, and it enables builders to extend the functionality of the Bitcoin ecosystem more powerfully and easily than current smart contract, DeFi, and Web3 solutions on alternative blockchains," Nwosu said. What You Need to Know About the Bitcoin \'Privacy War\' Story continues Additionally, Fedi claims to provide more privacy than the most popular Bitcoin wallets. Under the hood, the Fedimint protocol obscures who\'s a part of a federation and how much Bitcoin each user has, so that the custodians can’t see any of these details. Fedi also has plans to go beyond Bitcoin with a "federated operating system" that would allow "a Fedi user to take control of their money and data by utilizing one or more trusted federations of their choosing,” Nwosu said. "One of Fedi\'s in-built features will be a wallet, but chat, web browsing, and application execution will also be significant capabilities," he added. The team plans to release an Alpha version of its product geared towards developers by the end of the month.', 'Tech startup Fedi has raised $17 million in an effort to make Bitcoin easier for newbies to use and grasp through the use of private and scalable "federations."\n"Fedi, as a company, aims to empower communities everywhere by accelerating the adoption of technologies like Bitcoin and Lightning—and rolling out Fedimint federations to communities and companies worldwide is how we intend to do it," Fedi CEO and co-founder Obi Nwosu toldDecrypt.\nFedimint federationsare a cryptographic Bitcoin tool that allows users to set up communities—which could be made up of friends, neighbors, businesses, or any other loosely coupled group of people—for custodying Bitcoin and Lightning together.\nStepping back for a minute, Bitcoin stands out from traditional digital money because it allows users to have control of their assets, rather than trust them in the hands of a third party. It’s kind of like digital cash. But, most users end up storing their money on exchanges or custodial wallets anyway because self-custody takes time to learn.\nLightning Labs Aims to Help \'Bring Bitcoin to Billions\' With Latest Upgrade\nFedi wants to use federations to provide a way of using Bitcoin that\'s easy, and gives users more security than traditional Bitcoin wallets. It works because rather than just one custodian being in charge, the Fedimint protocol allows power to be distributed amongst a number of custodians, making it harder for any single entity to run off with the funds.\n"The main advantages of the Fedimint protocol are that it provides an incredibly powerful yet simple way to use Bitcoin without requiring a single point of trust or control, it allows Bitcoin to scale to billions of users, and it enables builders to extend the functionality of the Bitcoin ecosystem more powerfully and easily than current smart contract, DeFi, and Web3 solutions on alternative blockchains," Nwosu said.\nWhat You Need to Know About the Bitcoin \'Privacy War\'\nAdditionally, Fedi claims to provide more privacy than the most popular Bitcoin wallets. Under the hood, the Fedimint protocol obscures who\'s a part of a federation and how much Bitcoin each user has, so that the custodians can’t see any of these details.\nFedi also has plans to go beyond Bitcoin with a "federated operating system" that would allow "a Fedi user to take control of their money and data by utilizing one or more trusted federations of their choosing,” Nwosu said.\n"One of Fedi\'s in-built features will be a wallet, but chat, web browsing, and application execution will also be significant capabilities," he added. The team plans to release an Alpha version of its product geared towards developers by the end of the month.', 'SINGAPORE --News Direct-- BingX SINGAPORE - Media OutReach - 5 May 2023 - BingX, one of the leading cryptocurrency exchange, is pleased to announce that it has initiated research on BRC-20 , an emerging token standard on blockchain. The recent popularity of the BRC-20 token standard of Bitcoin, particularly after the recent rise of the memecoin, has resulted in the creation of over 8,000 unique tokens using the BRC-20 standard, with the majority of them being memecoins like Ordinals ($ ORDI ) and Memetic ($MEME). In comparison to the hundreds of thousands of ERC-20 tokens on Ethereum to only 8,000 BRC-20, the BingX research team is committed to conducting thorough analyses of various BRC20 projects. It is crucial that the research is carried out promptly to ensure that BingX traders have a strategic advantage while also providing them with a safe investing experience. "Our team is excited to embark on this journey to research BRC20 token standard. Our goal is to provide our traders with access to the most innovative tokens in the market while ensuring their financial safety," said Elvisco Carrington, PR and Communications Director of BingX. BingX is committed to identifying promising BTC NFT projects and forging partnerships with them, ensuring that top BRC20 coins are well-audited. Our mission is to equip our traders with the best tools and knowledge to make informed investment decisions. Stay tuned for further updates from BingX as we continue to research and explore new ways to provide our traders with the best possible trading experience. About BingX Founded in 2018, BingX is a leading crypto exchange that offers spot, derivatives, copy, and grid trading services to over 100 countries and regions worldwide with over 5 million users. BingX continues to connect users with expert traders and the platform in a safe and innovative way. Additionally, **Last 60 Days of Bitcoin's Closing Prices:** [22429.76, 22219.77, 21718.08, 20363.02, 20187.24, 20632.41, 22163.95, 24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-05 **Financial & Commodity Data:** - Gold Closing Price: $2017.40 - Crude Oil Closing Price: $71.34 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $558,953,406,000 - Hash Rate: 283977798.47865146 - Transaction Count: 411429.0 - Unique Addresses: 652054.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.61 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: European NFT photography platform Rhapsody Curated today announced a partnership with three leading fine art photographers whose works will be minted as NFTs for the first time ever to raise awareness of, and funding for, the battle against climate change. The collections—from Yann Arthus-Bertrand, Nicolas Henry, and Namsa Leuba—mark each artist’s first foray onto the blockchain. Arthus-Bertrand is a French photographer, filmmaker, and environmentalist best known for his acclaimed aerial photo collection “Earth From Above.” Henry’s art combines photography, sculpture, and performance art to create immersive environments that explore such themes as memory, nostalgia, and the passage of time. Leuba is a Swiss-Guinean photographer whose art explores the impact of the Western gaze on African identity; her work has been commissioned by Dior, Christian Lacroix, and Nike, among other brands. It's Time to Separate NFTs From Digital Art The three artists were brought together by Rhapsody’s Head of Curation, Pierre-Elie de Pibrac, to mint photo collections on the Ethereum blockchain that reflect on the current state of the environment. The photos, which go on sale May 4, each range in price from 2 ETH ($3,685) to 8 ETH ($14,745), with between three and six photos available from each artist. Over 50% of proceeds from the sale will be donated to Photoclimat, a French charity that raises awareness of climate change through photography, mainly via a massive, bi-annual showcase in Paris that has previously attracted millions of visitors. De Pibrac’s intention, by convincing the involved artists to mint their works as NFTs, was to further the reach of Photoclimat’s mission to previously unreachable audiences with the support of the blockchain. “It’s difficult to broadcast [our environmental] message,” de Pibrac told Decrypt. “You need to go to Paris, you need to see the art, to begin to communicate the ideas [represented]. But with NFTs, we can broadcast this message to many more people, and use this technology to allow people to buy pieces of art they couldn’t [otherwise] buy.” Story continues “If you’re in New York or Africa, you cannot buy something from France, the impact is too big,” he continued. “But with NFTs, the impact is very low.” Photo: Yann Arthus-Bertrand Rhapsody specifically chose to mint the collections on the Ethereum blockchain, the company said, because of the network’s environmentally friendly reputation. Last September, Ethereum transitioned from an energy-sucking proof-of-work model to proof-of-stake , a system for processing on-chain transactions that has reduced the network’s carbon footprint by 99.99% , according to the Crypto Carbon Ratings Institute (CCRI). The works of Arthus-Bertrand, Leuba, and Henry selected to be sold on Rhapsody are each thematically and visually distinct, but all are unified by a shared message of the importance of tackling climate change. “We all have different styles and approaches when it comes to art, but are sending the same messages of urgency,” Leuba told Decrypt . While a number of crypto blockchains have recently transitioned to less energy consuming models, crypto remains a hot-button issue for the climate conscious. Earlier this month, the Texas Senate passed a bill limiting the ability of Bitcoin miners to drain energy from the precarious Texas energy grid during demand spikes. Meanwhile, a North Carolina county is currently mulling a one-year ban on cryptocurrency mining to assess the practice’s negative environmental impact. Finally, last week, Solana, in a claimed first-of-its-kind move, began measuring real-time data about its carbon emissions and disclosing it via a public dashboard.... - Reddit Posts (Sample): [['u/Normal-Knowledge4857', 'What speed to move into BTC', 13, '2023-05-05 01:42', 'https://www.reddit.com/r/Bitcoin/comments/13842l3/what_speed_to_move_into_btc/', 'If hypothetically you had 500k in cash today, how would you move that into BTC? All in one go? DCA $1k a day? $10k a day?', 'https://www.reddit.com/r/Bitcoin/comments/13842l3/what_speed_to_move_into_btc/', '13842l3', [['u/ElderBlade', 22, '2023-05-05 02:03', 'https://www.reddit.com/r/Bitcoin/comments/13842l3/what_speed_to_move_into_btc/jiwfc2v/', 'My answer is the same if you had $10k or $1k. Buy with half now, and dca the rest.', '13842l3'], ['u/Jasonmun8', 14, '2023-05-05 02:39', 'https://www.reddit.com/r/Bitcoin/comments/13842l3/what_speed_to_move_into_btc/jiwjwf2/', '100k immediately then dca 50k every 2k drop', '13842l3'], ['u/Top-Dragonfruit-8199', 14, '2023-05-05 05:07', 'https://www.reddit.com/r/Bitcoin/comments/13842l3/what_speed_to_move_into_btc/jix2eo4/', 'I’d do $250k immediately. $1k every Monday auto DCA and I’d be passively watching the chart for big dips to throw $2k-$20k smash buys', '13842l3']]], ['u/thepacksvrvives', 'Season 7: everything we know so far, part 2', 50, '2023-05-05 01:46', 'https://www.reddit.com/r/Outlander/comments/13845tg/season_7_everything_we_know_so_far_part_2/', "If you’ve somehow stumbled across part 2 first, [**here is part 1**](https://www.reddit.com/r/Outlander/comments/13843p4/season_7_everything_we_know_so_far_part_1/).\n\n**If you haven’t read the books or don’t want to see any spoilers, do NOT read this post.**\n\n# BLOCK 5\n\nBlock 5 might be exclusively in Scotland across two different storylines: Claire, Jamie, and Ian’s visit at Lallybroch with Old Ian’s death in 1778; and Roger with Buck at 1739 Lallybroch looking for Jemmy.\n\nClaire, Jamie, and Ian will head first to Simon Fraser’s funeral (Echo, chapter 75), filmed at Kinloch Rannoch. A supporting artist who was involved shared some photos in the [comments](https://i.imgur.com/ghKZf4r.jpg) under a public Facebook post.\n\n[Credit: via SurvivedTheShows, source unknown \\(1-2, 6-7\\), a supporting artist \\(3-5\\).](https://preview.redd.it/iiw3mckcgwxa1.jpg?width=945&format=pjpg&auto=webp&v=enabled&s=367aef36ff5ce1dafb08e2350e3bf11fcee55468)\n\nMidhope Castle underwent some changes to accommodate the 18th-century storylines; the front yard looks slightly different than in 308 but the windows and doors are the same as we’ve seen in S1-S4. \n\n[Credit: \\_simbelmyne\\_ \\(1\\), stevenwilson8743 \\(2-3\\), Parkhead House \\(4-5\\), stevenwilson8473 \\(6-8\\).](https://preview.redd.it/4fyjwujngwxa1.jpg?width=1080&format=pjpg&auto=webp&v=enabled&s=985a86c83b878d5bf85af359306a85885ed536af)\n\n[All photos from Midhope](https://imgur.com/a/vuk1jhT).\n\nThe returning cast members were announced in October and most of them filmed that month. Additionally, the rest of the Murray siblings were cast: Kitty (Emma Rafferty), Michael (Angus Miller), and Janet (Megan Daynes). We should also see Young Jamie (Conor McCarry was followed by some cast members in October) and Maggie. Layla Burns [confirmed](https://www.spotlight.com/3418-9080-6468) she was in episode 709, so that is when we are going to see Joan again (and Laoghaire).\n\nSteven Cree mentioned in an [interview with SheKnows](https://youtu.be/O1fIYabB4ak?t=5791) that he has a “nice scene with \\[Sam\\] in Season 7” and that “the location \\[they\\] filmed in was probably the most picturesque location that \\[he filmed\\] the whole time \\[he’d\\] been on Outlander.” This is most likely the walk Jamie and Ian take in Echo, chapter 81, reminiscing about their youth together and talking about Ian’s impending death.\n\nSteven also praised Kristin Atherton (new Jenny) in [another interview](https://www.express.co.uk/showbiz/tv-radio/1727112/Outlander-season-7-Ian-Murray-Steven-Cree-return-Laura-Donnelly), saying: \n\n>And actually, Kristin \\[Atherton\\], who came in and played Jenny was so fantastic and my storylines \\[previously\\] in the show were mostly with Jamie and Claire. I never really had that much stuff with Jenny. It was fine.\n\nAs for the other 18th-century storyline, filming also took place at Kinloch Rannoch, but at the hill used for Craigh na Dun, and Richard’s trailer was spotted. The stone circle was up for a few days in September.\n\n[All photos from Kinloch Rannoch](https://imgur.com/a/bTJoxap).\n\nAndrew Whipp returned as Brian Fraser, and a [supporting artist](https://www.realpeople.co.uk/221/profile) filmed as “Brian Fraser’s housekeeper.”\n\nFilming also took place in Culross, which previously stood in for Cranesmuir. Since we’re going to see Geillis again, Meerkat Cross was once again used for the village, with the building on the right used as the exterior of her house. Richard and Diarmaid were spotted filming in the village.\n\n[Credit: Suzy Taylor \\(1\\), Pati Sears-Burnett \\(2-5\\), Lorelle Penman \\(6-9\\), cinbin\\_ \\(10-11\\).](https://preview.redd.it/p7arn790hwxa1.jpg?width=1079&format=pjpg&auto=webp&v=enabled&s=1e56bca66f65f9b36669015f2fd6506d0043fa3c)\n\nThe last two photos are of Culross Palace, which was most likely used for the interiors of Laoghaire’s house, just as in S4, in Claire and Jamie’s storyline. \n\n[All photos from Culross](https://imgur.com/a/np91e80).\n\n# BLOCK 6\n\nThe filming of the exteriors took place in Canning Street, Liverpool, as well as Chester, which both stood in for Philadelphia. It received plenty of coverage in the press and on social media.\n\n[Credit: liverpool1207 \\(1-4\\), Claire Brown \\(5-7\\), Andrea Livesey \\(8-9\\).](https://preview.redd.it/7yyq9k09hwxa1.jpg?width=1440&format=pjpg&auto=webp&v=enabled&s=00c6877c202e84cbd2f4a13acef5ad537831ccf3)\n\n[More photos from Canning Street](https://imgur.com/a/ifNYOeQ).\n\nThe building with red features was identified as a brothel by people visiting the set. Supporting artists were involved in the scenes (filmed later in the studio) as [“Brothel upper-class Johns”](https://www.realpeople.co.uk/1411/profile) and [“Brothel High class Ladies.”](https://www.realpeople.co.uk/6565/profile) \n\n[Credit: Colin Lane \\(1-4\\), Billy Vitch \\(5-11\\), Andy Teebay \\(12\\), soobysnax35 \\(13\\).](https://preview.redd.it/eipdp3yfhwxa1.jpg?width=750&format=pjpg&auto=webp&v=enabled&s=3af46b8d868e1b95279b3afbe9fc5373b5f1da76)\n\nFrom the main cast, Sam and David were [spotted](https://twitter.com/soobysnax35/status/1590423111765479424) filming the scene after Jamie “comes back from the dead” and “kidnaps” Lord John (Echo, chapter 101). Charles was also photographed on Canning Street.\n\n[Credit: soobysnax35.](https://reddit.com/link/13845tg/video/5eus7s6ohwxa1/player)\n\nNo sign of Caitríona outside but she must’ve been there as well. John [posted](https://www.instagram.com/p/CktnMutsEG6/) from Liverpool with Izzy, so Rachel and Denny must’ve been in the scenes there too. Hugh Ross later [posted](https://www.instagram.com/p/Co5P2O3Ipcu/) photos of John, Izzy, and Charles on his Instagram, presumably from when he was shooting with them in Liverpool (Arch’s death scene–Echo, chapter 100).\n\nNo sign of either Lauren or César. Lauren was filming in the Dominican Republic at the time, so this storyline could’ve been altered, or they filmed their scenes at another time/only indoors.\n\nHenry (Harry Jarvis), Mercy Woodcock (Gloria Obianyo), and Jane Pocock (Silvia Presente) should feature in these episodes. Sam Hoare also returned as Hal Grey, Duke of Pardloe.\n\nA number of supporting artists, [male](https://www.realpeople.co.uk/8696/profile) and [female](https://www.realpeople.co.uk/1615/profile), were involved in the filming of “the Ball.” There were [artists](https://www.realpeople.co.uk/8637/profile) with dance experience who filmed a “dance scene,” which the agency described as “Girls out filming at the studio, they have been rehearsing for weeks for this“ on Facebook. That shoot has to be the Meschianza, the “extravagant farewell party to honor the commanders of the Army and Navy, General Sir William Howe and Admiral Richard Howe” organized mainly by John André, in which Claire participates in Echo, chapter 98, alongside William and LJG, sometime after receiving the news of Jamie’s “death.” There was some filming done at Croxteth Hall & Country Park in Liverpool, which could be the site of the Meschianza.\n\n[Credit: Geoffrey Smith \\(1-5\\), Liverpool Film Office \\(6\\).](https://preview.redd.it/61gxu6grhwxa1.jpg?width=742&format=pjpg&auto=webp&v=enabled&s=1e2457bf936d16f174b0be2988bc461cd8598f86)\n\n[All photos from Croxteth](https://imgur.com/a/Ay0UydN).\n\nThere was also some filming in Chester, primarily at Chester City Walls, where a large number of supporting artists were spotted. [All photos from Chester](https://imgur.com/a/94WHalM).\n\nA number of supporting artists were listed as “[Philadelphia travelers](https://www.realpeople.co.uk/3932/profile)” and “[Quaker men/women](https://www.realpeople.co.uk/17/profile),” who also filmed in Dalmeny. \n\nA junior carpenter working on S7 [posted](https://www.instagram.com/p/Ckt23uGM0Zr/) photos of “Jamie’s cairn.” Ian builds it in MOBY, chapter 1, in the woods between Philadelphia and Valley Forge. \n\n# BLOCK 7 & 8\n\nBetween December 2022 and February 2023, there was not much in the way of spotting the filming by locals. However, [Sophie](https://imgur.com/a/Ic4jZtO) herself posted from some night shoots at Midhope Castle.\n\nCiaron Kelly also [posted](https://www.instagram.com/p/CmMvWk_KL76/) from a night shoot in December, which coincided with the OL night shoots, but it’s uncertain whether it was the same shoot. However, as mentioned above, his agency posted about his wrapping on OL in January, so it is very likely. Ernie shows up at Lallybroch during the shoot-out in MOBY, but he could also be involved in escorting Brianna and the kids back home after the tunnel rescue.\n\nThere were also scenes with “1980s Police officers” which could eith... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['(Photo by ANGELA WEISS/AFP via Getty Images) US stocks jumped on Friday as tech behemoth Apple and regional bank stocks climbed. The S&P 500 was able to close higher after four days of declines. Treasury yields soared after the US economy added 253,000 jobs in April, much more than anticipated. US stocks staged a rally Friday fronted by Apple and regional bank shares, as investors brushed aside rising bond yields sparked by an April jobs report that crushed expectations. The S&P 500 finished higher after four consecutive losses, and the Dow Jones Industrial Average piled on more than 500 points. Headlining those moves was Apple , whose shares climbed on a dividend increase , a $90 billion share-buyback plan, and rising iPhone sales that helped the company beat quarterly earnings expectations. Apple is the most heavily weighted stock on the S&P 500. Here\'s where US indexes stood at the 4:00 p.m. closing bell on Friday: S&P 500 : 4,136.37, up 1.85% Dow Jones Industrial Average : 33,674.31, up 1.65% (546.57 points) Nasdaq Composite : 12,235.41, up 2.25% Equities also found strength from a jump in regional bank shares, including PacWest and Western Alliance after sharp selloffs during the week. One bank industry group asked the Securities and Exchange Commission to stop short-seller attacks on their stocks driven by social-media speculation. Stocks powered through a surge in Treasury yields. Yields ran up as the bond market sold off following the stronger-than-expected US jobs report for April. Investors were tempering expectations for the Fed to start cutting interest rates sooner than later in 2023. The 2-year note yield , reflecting expectations for Fed moves, climbed nearly 20 basis points to 3.91%. Nonfarm payroll employment of 253,000 trounced the 180,000 estimate. The unemployment rate fell to 3.4%. "The April jobs report is indisputably hawkish and puts the focus back on the Fed – especially if inflation data also beat next week. But the big revisions to the prior readings suggest the jobs market is perhaps not as strong as the latest data makes it out to be," Fawad Razaqzada, market analyst at City Index, wrote in a Friday note. While stocks rose Friday, Wall Street\'s major indexes still fell on a weekly basis. Here\'s what else is happening today: Short sellers brought in $400 million in a single day from the selloff in regional banks. Biggest banks will reportedly pay to refill the FDIC\'s deposit insurance fund. The dollar\'s slump will continue as the Fed prepares to pause rate hikes, UBS said. The Fed just brought in its final interest-rate hike , said billionaire bond investor Jeff Gundlach. De-dollarization fears are overblown , but rising debt is among top threats to the greenback, Bank of America says. Story continues In commodities, bonds, and crypto: West Texas Intermediate crude climbed 4% to $71.45 per barrel. Brent crude, the international benchmark, rose 3.7% to $73.78. Gold fell 1.5% to $2,025.60 per ounce. The 10-year Treasury yield rose 8 basis points to 3.43%. Bitcoin picked up 2.2% to $29,483.50. Read the original article on Business Insider View comments', '• US stocks jumped on Friday as tech behemoth Apple and regional bank stocks climbed.\n• The S&P 500 was able to close higher after four days of declines.\n• Treasury yields soared after the US economy added 253,000 jobs in April, much more than anticipated.\nUS stocks staged a rally Friday fronted byAppleand regional bank shares, as investors brushed aside rising bond yields sparked by an April jobs report that crushed expectations.\nThe S&P 500 finished higher after four consecutive losses, and the Dow Jones Industrial Average piled on more than 500 points. Headlining those moves wasApple, whose shares climbed on adividend increase, a $90 billion share-buyback plan, and rising iPhone sales that helped the company beat quarterly earnings expectations. Apple is the most heavily weighted stock on the S&P 500.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:4,136.37, up 1.85%\n• Dow Jones Industrial Average:33,674.31, up 1.65% (546.57 points)\n• Nasdaq Composite:12,235.41, up 2.25%\nEquities also found strength from a jump in regional bank shares, includingPacWestandWestern Allianceafter sharp selloffs during the week. One bank industry group asked the Securities and Exchange Commission tostop short-seller attackson their stocks driven by social-media speculation.\nStocks powered through a surge in Treasury yields. Yields ran up as the bond market sold off following the stronger-than-expectedUS jobs reportfor April. Investors were tempering expectations for the Fed to start cutting interest rates sooner than later in 2023. The2-year note yield, reflecting expectations for Fed moves, climbed nearly 20 basis points to 3.91%.\nNonfarm payroll employment of 253,000 trounced the 180,000 estimate. The unemployment rate fell to 3.4%.\n"The April jobs report is indisputably hawkish and puts the focus back on the Fed – especially if inflation data also beat next week. But the big revisions to the prior readings suggest the jobs market is perhaps not as strong as the latest data makes it out to be," Fawad Razaqzada, market analyst at City Index, wrote in a Friday note.\nWhile stocks rose Friday, Wall Street\'s major indexes still fell on a weekly basis.\nHere\'s what else is happening today:\n• Short sellers brought in $400 millionin a single day from the selloff in regional banks.\n• Biggest banks will reportedly pay torefill the FDIC\'s deposit insurance fund.\n• Thedollar\'s slumpwill continue as the Fed prepares to pause rate hikes, UBS said.\n• The Fed just brought in its final interest-rate hike, said billionaire bond investor Jeff Gundlach.\n• De-dollarization fears are overblown, but rising debt is among top threats to the greenback, Bank of America says.\nIn commodities, bonds, and crypto:\n• West Texas Intermediate crudeclimbed 4% to $71.45 per barrel.Brent crude,the international benchmark, rose 3.7% to $73.78.\n• Goldfell 1.5% to $2,025.60 per ounce.\n• The10-year Treasury yieldrose 8 basis points to 3.43%.\n• Bitcoinpicked up 2.2% to $29,483.50.\nRead the original article onBusiness Insider', 'BillBitcoins joins the ranks of fintech elites, named a top crypto payment processor by a leading global tech research firm, cementing its global standing. PALO ALTO, Calif. , May 6, 2023 /PRNewswire-PRWeb/ -- BillBitcoins made headlines by making it into the list of top crypto payment gateways worldwide. The crypto payment processor has been recognized in an international listing of top crypto payment processors by the renowned tech research firm, TechResearcho . Rising Global Crypto Adoption: Cryptocurrencies are widely adopted across the world today. Several businesses are building crypto payment gateways to accept cryptocurrencies as payments. Reports indicate the crypto payment gateway market is growing at a CAGR of 16.8%, and it is expected to reach $ 4.12 billion by 2029. 60% of the top companies in the world are already accepting and using at least one digital asset for cross-border transactions. The global crypto economy is worth $1.1 trillion enabling businesses to adopt the crypto payment gateways and make profits. Billbitcoins , developed by HashCash Consultants , is a popular crypto payment processor for merchants to accept Bitcoin and other cryptocurrency payments securely. With three package options, the payment gateway caters to the needs of different businesses. The firm\'s CEO Raj Chowdhury , also a and blockchain pioneer, asserts, "At Billbitcoins, we strive to provide our clients with a seamless and secure payment experience, while also contributing to the growth and mainstream adoption of cryptocurrencies." Features of BillBitcoins: Additionally, it provides unlimited transactions, report generation, and personal tech support. The major e-commerce platforms or any SMBs can integrate the API ensuring seamless integration. With cutting-edge security features and compliance with major regulatory frameworks worldwide, Billbitcoins is a reliable crypto payment processor. As payment processors upgrade their systems to enable cryptocurrency transactions, businesses must adapt and provide customers with more payment options. Transaction volumes will continue to grow as consumers embrace making payments via cryptocurrencies. While traditional financial institutions may soon have to follow the same. Story continues About BillBitcoins: BillBitcoins, a product of HashCash Consultants is one of the leading crypto payment gateways operating worldwide. The platform is managed by a team of experts and has experience in banking solutions, and blockchain technology. For starters, the platform offers $100 daily free transactions, and up to $1000 after completion of background verifications. BillBitcoin also offers a white-label Bitcoin payment gateway for businesses worldwide. Media Contact Coleen Facete, Hashcash Digest, +14159662907, [email protected] SOURCE Hashcash Digest', 'BillBitcoins joins the ranks of fintech elites, named a top crypto payment processor by a leading global tech research firm, cementing its global standing. PALO ALTO, Calif. , May 6, 2023 /PRNewswire-PRWeb/ -- BillBitcoins made headlines by making it into the list of top crypto payment gateways worldwide. The crypto payment processor has been recognized in an international listing of top crypto payment processors by the renowned tech research firm, TechResearcho . Rising Global Crypto Adoption: Cryptocurrencies are widely adopted across the world today. Several businesses are building crypto payment gateways to accept cryptocurrencies as payments. Reports indicate the crypto payment gateway market is growing at a CAGR of 16.8%, and it is expected to reach $ 4.12 billion by 2029. 60% of the top companies in the world are already accepting and using at least one digital asset for cross-border transactions. The global **Last 60 Days of Bitcoin's Closing Prices:** [22219.77, 21718.08, 20363.02, 20187.24, 20632.41, 22163.95, 24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-06 **Financial & Commodity Data:** - Gold Closing Price: $2017.40 - Crude Oil Closing Price: $71.34 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $572,782,776,425 - Hash Rate: 355568840.1119249 - Transaction Count: 601134.0 - Unique Addresses: 619770.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.60 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin illustration Yuichiro Chino/Getty Images Bitcoin rose in a broad crypto rally Monday after US regulators bailed out customers of Silicon Valley Bank. The value of the total crypto market topped $1 trillion as fears around failed SVB and Signature Bank ebbed. Meanwhile, Circle said its $3.3 billion reserves in SVB would be available and its stablecoin would regain its peg. Bitcoin 's price jumped in a broad-based rally for cryptocurrencies Monday, after US regulators stepped in to bail out customers with money in Silicon Valley Bank . Cryptos were staging a comeback from recent losses after US regulators said Sunday they would "fully protect" depositors with funds in the banks Bitcoin, the largest cryptocurrency, rose 7.3% to $22,108 in the 24 hours to 6:30 a.m. ET, while ether gained 7.2% to $1,582, according to CoinMarketCap data. Prices stepped higher across the board, with USD Coin (USDC) up 2.6%, cardano adding 8.01%, and solana up 5.6%. Those moves helped drive the total value of the crypto market above $1 trillion, up 6.1% in the past 24 hours. There was $80 billion in volume in the market in the last 24 hours, per CoinMarketCap. It's been a tumultuous few days for the crypto market, with fears about the fallout from the failure of SVB and Signature Bank helping drag down crypto prices. Bitcoin slumped to its lowest level in two months on Friday, with the closure of crypto-friendly bank Silvergate Capital a drag. On Friday, SVB and Signature were closed by regulators and put under the control of The Federal Deposit Insurance Corporation . That followed a turbulent few days for SVB, which saw a call for capital fail and a rush of depositors withdrawing their funds. Then the Treasury, Federal Reserve and the FDIC said Sunday they would protect customers with funds in SVB and make whole those with deposits in Signature Bank. "After receiving a recommendation from the boards of the FDIC and the Federal Reserve, and consulting with the President, Secretary (Janet) Yellen approved actions enabling the FDIC to complete its resolution of Silicon Valley Bank, Santa Clara, California, in a manner that fully protects all depositors," the Sunday evening statement said. Meanwhile, Circle — the company behind USD Coin — said all of USDC's $3.3 billion reserve deposit with SVB will be available on Monday. The stablecoin has regained its peg to the dollar, Circle said, after losing it as investors fretted about the turmoil at the bank. Read the original article on Business Insider... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["(Bloomberg) -- Nineteen months after China banned crypto, more signs have emerged that its citizens continue to buy and sell digital assets. Most Read from Bloomberg Hedge Funds Drive Credit Suisse CDS Higher on Bets of a Payout Steve Schwarzman Holds Off Giving Money to DeSantis After Meeting Him Abu Dhabi Royal\x92s Firm Shorts US Stocks on Global Recession Fears Jamie Dimon Says US Needs to 'Finish' the Bank Crisis Family Builds $900 Million Brazil Farming Empire After 935% Gain These glimpses of their trading activity support suspicions that some of China\x92s 1.4 billion people flout the prohibition Beijing imposed in September 2021 as they hunt for alternatives to investments like property and stocks. A shadowy role for Chinese demand adds to the difficulty of parsing the outlook for digital-asset markets, which have partially revived this year from a 2022 crash pockmarked with bankruptcies like that of the FTX crypto exchange. There is even speculation the ban on the mainland could be loosened \x97 though there are no indications of that happening \x97 after Hong Kong pivoted to a pro-crypto stance to woo investment, a step that won quiet backing from Beijing. The evidence of ongoing Chinese appetite for tokens comes from varied sources, including FTX\x92s creditor profile, citizens who said they used crypto platforms and depictions by industry insiders of workarounds to Beijing\x92s ban. Hard to \x91Eliminate\x92 \x93Essentially, bans don\x92t work,\x94 said Caroline Malcolm, global head of public policy at Chainalysis, which specializes in tracking digital-asset transactions. \x93The decentralized nature of cryptocurrencies and the fact that they can be transferred peer-to-peer and traded on global exchanges make it difficult for any government to completely eliminate them.\x94 US bankruptcy filings for FTX, which collapsed in November last year, show Chinese users accounted for 8% of the exchange\x92s customers. FTX advisers have tallied more than 9 million customer accounts overall, while claims from creditors amount to at least $11.6 billion. Story continues Jack Ding, a partner with crypto regulations specialist Duan & Duan Law Firm, said he represents six Chinese creditors with a combined $10 million of FTX claims. They are part of a committee for foreign FTX customers, he said. Theoretically, crypto trading is outlawed for Chinese at home and abroad but it\x92s \x93hard to enforce,\x94 Ding said. Often it\x92s about compliance systems at exchanges and whether they\x92ll filter out Chinese passport holders, he added. Beijing cracked down on digital assets over concerns about money laundering, currency outflows and the environmental impact of Bitcoin mining. The likes of the Binance, OKX and FTX exchanges had tapped risk-loving investors in China, once the world\x92s biggest market for Bitcoin trading, to boost growth. Compliance Challenge Crypto platforms now try to block Chinese Internet Protocol addresses but virtual private networks can defeat such attempts by masking locations. Interviews with Chinese investors point to the compliance challenge. Four said they had traded on the Binance digital-asset platform, and a fifth said he\x92d also used OKX, after Beijing\x92s prohibition. Binance is the largest crypto exchange while OKX ranks at No. 2, CoinGecko data on 24-hour volumes show. The five spoke in part out of frustration over current or earlier suspensions of their accounts. Four said they lived in mainland China and had passed know-your-customer procedures using Chinese identification. OKX declined to comment on the issue. A spokesperson for Binance said the company doesn\x92t operate in mainland China or have any technology, including servers or data, based there. \x91Great Firewall\x92 \x93Following the September 2021 ban, the Binance platform, including the website and mobile application, has been blocked behind the Great Firewall,\x94 the Binance spokesperson said, referring to the system China uses to sever its internet from the rest of the world. A sixth Chinese investor, David Jin, said he lives in Silicon Valley and has had $8 million of crypto frozen on Binance since July at the behest of police in central Chongqing city in China. The police were probing tokens allegedly linked to illegal online casinos, Jin added, while denying involvement. A Chongqing police officer surnamed Mu, who\x92s in charge of the case, didn\x92t respond to numerous requests for comment. The Binance spokesperson said that the company has a policy of cooperating with lawful information requests and legal inquiries from authorities pertaining to investigations, prosecutions, forfeiture actions and suspicious activities. Binance reserves the right to reject law enforcement requests that fail legal scrutiny, don\x92t serve a legal purpose or where the investigative approach is flawed, the spokesperson added. Turning Dominican In March, Bloomberg News reported that another major crypto exchange, Huobi Global, was giving Chinese users the option of applying for a \x93digital identity\x94 with the tiny island nation of Dominica. Once on-boarded, their app profile shows them as Dominican citizens, according to people familiar with the matter, who asked not be identified discussing sensitive matters. Huobi has said that it doesn\x92t operate in China and that Chinese Internet Protocol addresses are \x93strictly prohibited\x94 from accessing the platform, and that new customers are \x93from anywhere but China.\x94 \x93Huobi has exited the Chinese market and barred Chinese users from signing up or logging in,\x94 the company has said. The People\x92s Bank of China, which announced the digital-asset ban in September 2021 when it said all crypto-related transactions are illegal, didn\x92t immediately respond to request for a comment on the signs that Chinese citizens continue to trade virtual assets. Since the prohibition, Chinese regulators haven\x92t announced sanctions on any offshore exchange for signing up mainland users. Malcolm from Chainalysis said the ban has either been ineffective or loosely enforced. The average monthly value of crypto flowing to China did roughly halve in 2022 from a year earlier but still remained sizable at $17 billion, the firm estimates. If somehow the crypto sector was legalized in China in the future, \x93it would likely lead to a surge in demand for cryptocurrencies,\x94 Malcolm said. --With assistance from Sidhartha Shukla and Yujing Liu. Most Read from Bloomberg Businessweek The Plot to Steal the Other Secret Inside a Can of Coca-Cola AI Drug Discovery Is a $50 Billion Opportunity for Big Pharma US Airlines Are Sitting Out China\x92s Reopening \x91Nearshoring\x92 Push Is Fueling Tech Job Demand in Latin America Webtoons Are South Korea\x92s Latest Viral Cultural Export ©2023 Bloomberg L.P.", "(Bloomberg) -- Nineteen months after China banned crypto, more signs have emerged that its citizens continue to buy and sell digital assets.\nMost Read from Bloomberg\n• Hedge Funds Drive Credit Suisse CDS Higher on Bets of a Payout\n• Steve Schwarzman Holds Off Giving Money to DeSantis After Meeting Him\n• Abu Dhabi Royal’s Firm Shorts US Stocks on Global Recession Fears\n• Jamie Dimon Says US Needs to 'Finish' the Bank Crisis\n• Family Builds $900 Million Brazil Farming Empire After 935% Gain\nThese glimpses of their trading activity support suspicions that some of China’s 1.4 billion people flout the prohibition Beijing imposed in September 2021 as they hunt for alternatives to investments like property and stocks.\nA shadowy role for Chinese demand adds to the difficulty of parsing the outlook for digital-asset markets, which have partially revived this year from a 2022 crash pockmarked with bankruptcies like that of the FTX crypto exchange.\nThere is even speculation the ban on the mainland could be loosened — though there are no indications of that happening — after Hong Kong pivoted to a pro-crypto stance to woo investment, a step that won quiet backing from Beijing.\nThe evidence of ongoing Chinese appetite for tokens comes from varied sources, including FTX’s creditor profile, citizens who said they used crypto platforms and depictions by industry insiders of workarounds to Beijing’s ban.\nHard to ‘Eliminate’\n“Essentially, bans don’t work,” said Caroline Malcolm, global head of public policy at Chainalysis, which specializes in tracking digital-asset transactions. “The decentralized nature of cryptocurrencies and the fact that they can be transferred peer-to-peer and traded on global exchanges make it difficult for any government to completely eliminate them.”\nUS bankruptcy filings for FTX, which collapsed in November last year, show Chinese users accounted for 8% of the exchange’s customers. FTX advisers have tallied more than 9 million customer accounts overall, while claims from creditors amount to at least $11.6 billion.\nJack Ding, a partner with crypto regulations specialist Duan & Duan Law Firm, said he represents six Chinese creditors with a combined $10 million of FTX claims. They are part of a committee for foreign FTX customers, he said.\nTheoretically, crypto trading is outlawed for Chinese at home and abroad but it’s “hard to enforce,” Ding said. Often it’s about compliance systems at exchanges and whether they’ll filter out Chinese passport holders, he added.\nBeijing cracked down on digital assets over concerns about money laundering, currency outflows and the environmental impact of Bitcoin mining. The likes of the Binance, OKX and FTX exchanges had tapped risk-loving investors in China, once the world’s biggest market for Bitcoin trading, to boost growth.\nCompliance Challenge\nCrypto platforms now try to block Chinese Internet Protocol addresses but virtual private networks can defeat such attempts by masking locations.\nInterviews with Chinese investors point to the compliance challenge. Four said they had traded on the Binance digital-asset platform, and a **Last 60 Days of Bitcoin's Closing Prices:** [21718.08, 20363.02, 20187.24, 20632.41, 22163.95, 24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-07 **Financial & Commodity Data:** - Gold Closing Price: $2017.40 - Crude Oil Closing Price: $71.34 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $560,142,702,562 - Hash Rate: 331705159.5675005 - Transaction Count: 607883.0 - Unique Addresses: 482095.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.64 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Join the most important conversation in crypto and web3! Secure your seat today Binance, the world’s largest cryptocurrency exchange by trading volume, quietly lifted restrictions on Russian citizens and residents it had imposed over a year ago. In March 2022, after the European Union placed sanctions on Russia in response to its attack on Ukraine, Binance announced it would not support deposits from Visa and Mastercard cards issued in Russia, as well as any Visa and Mastercard deposits made from the Russia. Now, the restriction seems to be gone: Users can deposit Russian rubles, euros, British pounds and other currencies from bank cards issued in Russia, crypto news website Forklog reported on Saturday. Earlier in April, Russian users also reported that Binance lifted limits for accounts with balances larger than 10,000 euros for users in Russia. The exchange has not officially released a statement on either of these changes. When contacted today by CoinDesk, a Binance spokesperson did not explicitly confirm or deny the lifting of restrictions, but stated in an email: “All current restrictions related to sanctions against Russian nationals are applied by the platform and its legal entities in the European Union in full.” Read also: Russian Journalists, Activists Kicked Off Crypto Exchanges Due to EU Sanctions Last year’s ban on Russian bank cards came after the EU and the U.S. imposed sanctions on Russia invading Ukraine. Most Russian banks were cut off from the international interbank settlement network SWIFT. Last spring, the EU broadened its sanctions and prohibited crypto services from serving Russian users with account balances over 10,000 euros. In the fall, that threshold was eliminated , making it impossible for Russian citizens and residents to use any crypto service registered in the EU. Immediately, LocalBitcoins, Crypto.com and Blockchain.com notified Russian users that their accounts would soon be discontinued. When Binance announced the 10,000-euro limit for users inside Russia, it stated “the EU’s fifth package of restrictive measures against Russia” required the limitations. While the sanctions are still in place, this restriction no longer exists on Binance, according to media reports, and neither does the Russian bank cards ban. Last month, however, Binance prohibited peer-to-peer (p2p) trades in dollars and euros for Russian citizens and residents, leaving only the Russian ruble option. The Binance spokesperson confirmed this restriction remains. Speaking at the Web Summit in Lisbon, Portugal, in October, Binance CEO Changpeng Zhao said Binance abides by the sanctions but some of its legal entities outside of the EU might still be able to serve Russians. “We are against dictatorships of war. We’re not against the population," Zhao said.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening:\nPrices:Bitcoin and ether fell slightly on Sunday, although there\'s potential for a market-wide rally and significant price movement, an analyst says. Meme coin mania has been fueling dramatic shifts in market sentiment.\nInsights:Challenges from network congestion due to the Ordinals surge are offset by increased mining incentives, network security and available Layer-2 and sidechain solutions.\nBitcoin Has a Boring Weekend, Despite Binance’s Temporary Withdrawal Pause\nCoinDesk Market Index (CMI)\n1,228\n−0.4▼0.0%\nBitcoin (BTC)\n$28,593\n−327.2▼1.1%\nEthereum (ETH)\n$1,893\n−8.2▼0.4%\nS&P 500\n4,136.25\n+75.0▲1.8%\nGold\n$2,024\n+6.3▲0.3%\nNikkei 225\n29,157.95\n+34.8▲0.1%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,228", "\\u22120.4\\u25bc0.0%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$28,593", "\\u2212327.2\\u25bc1.1%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,893", "\\u22128.2\\u25bc0.4%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,136.25", "+75.0\\u25b21.8%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,024", "+6.3\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["29,157.95", "+34.8\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nGood morning Asia. As the East begins its trading week, bitcoin and ether were both recently down a few fractions of a percentage point. Bitcoin was off 0.34% to $28,787, while Ether fell 0.4% to $1,913.\nBitBull Capital CEO Joe DiPasquale points to meme coins as a reason for a pump in market sentiment but fairly flat activity for the crypto majors.\n“The market hasn’t moved strongly this week, but the market sentiment has been on a rollercoaster with meme coin mania at peak,” DiPasquale wrote to CoinDesk in a note. “WithPEPE and other meme coinsposting high five-figure percentage gains, we wouldn’t be surprised if a market-wide rally materializes in the near term.”\nDiPasquale notes that bitcoin still hasn’t tested support levels on the downside, and that Bollinger Bands continue to tighten. This means that the gap between the upper and lower bands is narrowing, indicating a decrease in market volatility. This typically suggests that a significant price movement might be on the horizon, as periods of low volatility often precede larger market trends.\n“Moving forward, we’d expect a strong bounce off $25K to continue another leg above $30K,” DiPasquale concluded.\n[{"Asset": "Cosmos", "Ticker": "ATOM", "Returns": "+1.0%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "XRP", "Ticker": "XRP", "Returns": "\\u22122.6%", "DACS Sector": "Currency"}, {"Asset": "Terra", "Ticker": "LUNA", "Returns": "\\u22122.2%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Decentraland", "Ticker": "MANA", "Returns": "\\u22121.9%", "DACS Sector": "Entertainment"}]\nBitcoin Maximalists Find Ordinals Annoying, but They Are a Needed Revenue Source for Miners\nThe Bitcoin community is at acrossroads right now.\nOn the one hand, some of the largest miners are eitherworking through bankruptcyproceedings,getting bailouts, or arerestructuring debt– all of this a hangover from a brutal, bearish 2022. At the same time, many in the bitcoin communityare decrying the congested, expensive state of the bitcoin network caused by thesurge in the popularityof the NFT-like Ordinal inscriptions. Binance’stemporary pauseof bitcoin withdrawals on Sunday was proof that there’s a problem brewing.\nFor the uninitiated, Ordinal Inscriptions, akin to NFTs, are digital assets inscribed on satoshis (the smallest currency unit of bitcoin) enabled by the Taproot upgrade, allowing for smart contracts and the minting of NFTs directly onto the Bitcoin blockchain.\nThe scale of ordinals’ growth has been immense (though many of them are just text).Earlier this month, the number of ordinals surpassed three million, andnow that number is just over four million.\nIn the long run, however, cash-strapped miners are going to be a big beneficiary of this newfound interest in the bitcoin blockchain.\nAccording todata compiledby the user dgtl_assets on Dune, ordinal inscriptions are now producing daily fees just north of $2.7 million, with the total fees coming in at around $14 million.\nIn an April note,Grayscale arguedthat the surge in fees from ordinals is useful for incentivizing mining and thus, securing the network.\n“While some are critical of ordinals, cautioning against bloating the blockchain or harming fungibility, we believe that ordinals represent one of the larger opportunities for Bitcoin adoption, especially as the Bitcoin network has historically been viewed as a rigid blockchain ecosystem,” Grayscale wrote. “The advent of ordinals has led to an increase in total fees paid to miners, which could potentially establish a sustainable baseline level of transaction fees to incentivize miners.”\nGrayscale and CoinDesk share the same parent company in Digital Currency Group.\nWhen balancing network security versus a new channel of mining incentives versus the annoyance of congestion, which one wins? Probably the new incentives channel.\nRealistically, this could do a lot to help plug holes in miners’ balance sheets. Sure, bailouts could also be a solution, but that would centralize mining around stakeholders likeBinanceand Galaxy Digital.\nAnd for those complaining, there are plenty of solutions readily available, like Layer-2s or sidechains such as the Lightning Network or Liquid.\nBitcoiners should celebrate ordinals and be glad that the market is signaling they are here to stay.\n3:30 a.m. HKT/SGT(19:30 UTC)Japan Overall Household Spending (YoY/March)\n5:30 a.m. HKT/SGT(21:30 UTC)Australia Retail Sales (QoQ/Q1)\n7:00 a.m. HKT/SGT(23:00 UTC)China Trade Balance\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBitcoin Hovers Around $29K After April Jobs Report; Are CBDCs Becoming a Presidential Election Issue?\nThe U.S. added 253,000 jobs in April, up from a downwardly revised 165,000 in March and ahead of economist forecasts for 180,000, according to a Bureau of Labor Statistics report. Separately, CoinDesk\'s Executive Director of Global Content, Emily Parker, explained why central bank digital currencies could become a topic in the U.S. presidential election. Mysten Labs CEO Evan Cheng and Chase White from Compass Point Research also joined the conversation.\nPepecoin’s Bewildering Rise Turned a Pittance Into an Almost 5,000,000% Meme Coin Profit:A pseudonymous crypto trader bought trillions of the meme coin three weeks ago on UniSwap for $263, and still holds about $9 million of PEPE after selling several million dollars worth, according to data from blockchain platform Arkham.\nPump the BRCs: The Promise and Peril of Bitcoin-backed Tokens:A new way of issuing tokens on Bitcoin is growing fast. So why did their creator warn that they “will be worthless?"\nAlibaba Says ‘Open Sesame’ to Web3:The Chinese tech giant is releasing a metaverse launchpad. Plus, Sports Illustrated announces an NFT ticketing platform.\nCoinbase Jumps 17% Post-Earnings; Analysts Praise Results but Worry About Regulatory Uncertainty:The crypto exchange’s first quarter revenue of $773 million was up 23% from the previous three months and blew past estimates for just $655 million.\nNFT Lending Platform Blend Sparks Concerns Over Ecosystem Liquidity:Blend, the name of NFT marketplace Blur’s new lending platform, allows traders to lease NFTs to bolster liquidity. However, concerns have been raised about its impact on broader NFT markets.', 'Good morning. Here’s what’s happening: Prices: Bitcoin and ether fell slightly on Sunday, although there\'s potential for a market-wide rally and significant price movement, an analyst says. Meme coin mania has been fueling dramatic shifts in market sentiment. Insights: Challenges from network congestion due to the Ordinals surge are offset by increased mining incentives, network security and available Layer-2 and sidechain solutions. Prices Bitcoin Has a Boring Weekend, Despite Binance’s Temporary Withdrawal Pause CoinDesk Market Index (CMI) 1,228 −0.4 ▼ 0.0% Bitcoin (BTC) $28,593 −327.2 ▼ 1.1% Ethereum (ETH) $1,893 −8.2 ▼ 0.4% S&P 500 4,136.25 +75.0 ▲ 1.8% Gold $2,024 +6.3 ▲ 0.3% Nikkei 225 29,157.95 +34.8 ▲ 0.1% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,228 −0.4 ▼ 0.0% Bitcoin (BTC) $28,593 −327.2 ▼ 1.1% Ethereum (ETH) $1,893 −8.2 ▼ 0.4% S&P 500 4,136.25 +75.0 ▲ 1.8% Gold $2,024 +6.3 ▲ 0.3% Nikkei 225 29,157.95 +34.8 ▲ 0.1% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Good morning Asia. As the East begins its trading week, bitcoin and ether were both recently down a few fractions of a percentage point. Bitcoin was off 0.34% to $28,787, while Ether fell 0.4% to $1,913. BitBull Capital CEO Joe DiPasquale points to meme coins as a reason for a pump in market sentiment but fairly flat activity for the crypto majors. “The market hasn’t moved strongly this week, but the market sentiment has been on a rollercoaster with meme coin mania at peak,” DiPasquale wrote to CoinDesk in a note. “With PEPE and other meme coins posting high five-figure percentage gains, we wouldn’t be surprised if a market-wide rally materializes in the near term.” DiPasquale notes that bitcoin still hasn’t tested support levels on the downside, and that Bollinger Bands continue to tighten. This means that the gap between the upper and lower bands is narrowing, indicating a decrease in market volatility. This typically suggests that a significant price movement might be on the horizon, as periods of low volatility often precede larger market trends. Story continues “Moving forward, we’d expect a strong bounce off $25K to continue another leg above $30K,” DiPasquale concluded. Biggest Gainers Asset Ticker Returns DACS Sector Cosmos ATOM +1.0% **Last 60 Days of Bitcoin's Closing Prices:** [20363.02, 20187.24, 20632.41, 22163.95, 24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-08 **Financial & Commodity Data:** - Gold Closing Price: $2026.30 - Crude Oil Closing Price: $73.16 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $539,751,464,050 - Hash Rate: 326932423.4586156 - Transaction Count: 575051.0 - Unique Addresses: 552358.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.60 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: AUSTIN, Texas – Bitcoin ecosystem firm Trust Machines said has seen “explosive growth in bitcoin ( BTC ) use cases” during the first quarter of 2023, according to new research by the firm. The report identified bitcoin non-fungible tokens (NFT), bitcoin name services (BNS) and recent developments on the Stacks blockchain – a bitcoin smart contract platform that powers much of the Trust Machines’ ecosystem – as the key use cases driving new growth and adoption. While the Web3 development has grown exponentially based on other blockchains such as Ethereum, development on Bitcoin has lagged. However, with new use cases and technologies emerging, this is likely going to change, said Muneeb Ali, CEO of Trust Machines and co-founder of Stacks, during a panel Friday at Consensus 2023 , titled "Building on Top of Bitcoin (for Real)." "It's the revival of the developer culture that I'm by far the most excited about. It's like bitcoin is fun again because there's a place to build again and that's the best thing that could have happened," Ali said. Read full coverage of Consensus 2023 here. The Bitcoin blockchain has historically been restricted to payments. Even Bitcoin's pseudonymous creator Satoshi Nakamoto rejected non-financial uses for the dominant blockchain. However, new technologies are emerging that has began to use Bitcoin as a layer 1 foundation for evolving the network into Web3. Bitcoin NFTs made a splash earlier this year with the launch of the Ordinals protocol in January. The protocol uses “inscriptions,” or arbitrary content such as text or images that can be added to sequentially numbered satoshis or “sats” – the smallest units in Bitcoin – to create unique “digital artifacts” that can be held and transferred across the Bitcoin network, like any other sats. Over a million inscriptions have been minted, according to the research from Trust Machines. The firm’s research also shows a 400% surge in BNS registrations since 2022 on its sister platform BTC.us . The platform allows users to register human-readable ".btc" domain names that can be used subsequently to host a site or even send and receive bitcoin. Trust Machines attributes this surge to both Ordinals and the launch of the Jack Dorsey-backed decentralized social media protocol, Nostr . Story continues The Stacks blockchain – co-founded by Muneeb Ali – currently powers most of the applications in the Trust Machines’ ecosystem. Research by crypto data analytics company Messari shows that Stacks’ average daily active users and addresses “increased by 76% and 42%, respectively, in Q4 [2022].” Stacks published a white paper at the end of last year showing how a new digital asset called “Stacks bitcoin” (sBTC) can be used to make Bitcoin fully programmable. “While we've seen a revival of Bitcoin NFTs in recent months, there is more development to be done to unlock Bitcoin [decentralized finance] use cases fully,” the research said, adding that one of the biggest efforts to unlock that is sBTC . Stacks has now launched an sBTC testnet, and is targeting a mainnet launch later this year. Read more: Muneeb Ali’s Trust Machines Raises $150M CORRECTION (21:34 UTC, April 28): Corrects to clarify co-founder of Stacks.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['The world’s biggest cryptocurrency exchange today moved around billions of dollars of its own Bitcoin—leading some to think that it was withdrawing gargantuan amounts of crypto.\nBinance moved over $5 billion in the biggest cryptocurrency since yesterday, representing nearly 30% of the exchange’s net BTC reserve balance.\nData from Coinglassshowedthat over 183,080 BTC flowed out of the exchange in 24 hours, prompting some experts to comment on the “unusual” movements—and spooking others.\nThe movements came just after Binancetemporarily pausedBTC withdrawals on its platform.But Binance later said that the transfers were nothing to worry about.\nBinance Pauses Bitcoin Withdrawals, Blames Network Congestion\n“We’re aware that some data are showing a large volume of outflows from Binance,” the exchange said on Twitter. “This ‘outflow’ [sic] are actually movements between Binance hot and cold wallets due to the BTC address adjustments.”\nA Binance spokesperson toldDecryptthat the movements were not reason for concern, pointing to a tweet from CryptoQuant head of research Julio Moreno, who said the movements were down to “newly created change addresses” owned by the exchange.\nAs the world’s biggest digital asset exchange, users keep an eye on large Binance transactions. Such movements can often be interpreted as signals of investor confidence in the company—or the lack thereof.\nBillions of dollars in cryptoflowed outof Binance in December in a 24-hour period, for example, leading some to speculate on whether its reserves were secure. Binance CEO Changpeng ‘CZ’ Zhao said at the time that the withdrawals were “business as usual.”\nAnd billions flowed out of the exchange last month after the Commodity Futures Trading Commission (CFTC)hitthe exchange with a lawsuit for allegedly violating trading and derivatives rules.\nCZshrugged offthe withdrawals on Twitter as “small.”', 'The world’s biggest cryptocurrency exchange today moved around billions of dollars of its own Bitcoin—leading some to think that it was withdrawing gargantuan amounts of crypto.\nBinance moved over $5 billion in the biggest cryptocurrency since yesterday, representing nearly 30% of the exchange’s net BTC reserve balance.\nData from Coinglassshowedthat over 183,080 BTC flowed out of the exchange in 24 hours, prompting some experts to comment on the “unusual” movements—and spooking others.\nThe movements came just after Binancetemporarily pausedBTC withdrawals on its platform.But Binance later said that the transfers were nothing to worry about.\nBinance Pauses Bitcoin Withdrawals, Blames Network Congestion\n“We’re aware that some data are showing a large volume of outflows from Binance,” the exchange said on Twitter. “This ‘outflow’ [sic] are actually movements between Binance hot and cold wallets due to the BTC address adjustments.”\nA Binance spokesperson toldDecryptthat the movements were not reason for concern, pointing to a tweet from CryptoQuant head of research Julio Moreno, who said the movements were down to “newly created change addresses” owned by the exchange.\nAs the world’s biggest digital asset exchange, users keep an eye on large Binance transactions. Such movements can often be interpreted as signals of investor confidence in the company—or the lack thereof.\nBillions of dollars in cryptoflowed outof Binance in December in a 24-hour period, for example, leading some to speculate on whether its reserves were secure. Binance CEO Changpeng ‘CZ’ Zhao said at the time that the withdrawals were “business as usual.”\nAnd billions flowed out of the exchange last month after the Commodity Futures Trading Commission (CFTC)hitthe exchange with a lawsuit for allegedly violating trading and derivatives rules.\nCZshrugged offthe withdrawals on Twitter as “small.”', 'The world\x92s biggest cryptocurrency exchange today moved around billions of dollars of its own Bitcoin\x97leading some to think that it was withdrawing gargantuan amounts of crypto. Binance moved over $5 billion in the biggest cryptocurrency since yesterday, representing nearly 30% of the exchange\x92s net BTC reserve balance. Data from Coinglass showed that over 183,080 BTC flowed out of the exchange in 24 hours, prompting some experts to comment on the \x93unusual\x94 movements\x97and spooking others. The movements came just after Binance temporarily paused BTC withdrawals on its platform. But Binance later said that the transfers were nothing to worry about. Binance Pauses Bitcoin Withdrawals, Blames Network Congestion \x93We\x92re aware that some data are showing a large volume of outflows from Binance,\x94 the exchange said on Twitter. \x93This \x91outflow\x92 [sic] are actually movements between Binance hot and cold wallets due to the BTC address adjustments.\x94 A Binance spokesperson told Decrypt that the movements were not reason for concern, pointing to a tweet from CryptoQuant head of research Julio Moreno, who said the movements were down to \x93newly created change addresses\x94 owned by the exchange. CFTC, SEC, DOJ, IRS: These Are the Ongoing Investigations Into Binance As the world\x92s biggest digital asset exchange, users keep an eye on large Binance transactions. Such movements can often be interpreted as signals of investor confidence in the company\x97or the lack thereof. Billions of dollars in crypto flowed out of Binance in December in a 24-hour period, for example, leading some to speculate on whether its reserves were secure. Binance CEO Changpeng \x91CZ\x92 Zhao said at the time that the withdrawals were \x93business as usual.\x94 And billions flowed out of the exchange last month after the Commodity Futures Trading Commission (CFTC) hit the exchange with a lawsuit for allegedly violating trading and derivatives rules. CZ shrugged off the withdrawals on Twitter as \x93small.\x94', 'Good morning. Here’s what’s happening: Prices: Bitcoin and Ether prices are down due to BRC-20 meme coins congestion, with a potential solution being a shift of profits to altcoins and Ethereum. Insights: Bitcoin\'s path "is not straight," Paul Eisma, head of trading for XBTO Group, told CoinDesk TV. Prices Bitcoin Buckles Under Pressure of Network Congestion Chaos CoinDesk Market Index (CMI) 1,185 −40.6 ▼ 3.3% Bitcoin (BTC) $27,715 −739.6 ▼ 2.6% Ethereum (ETH) $1,850 −25.5 ▼ 1.4% S&P 500 4,138.12 +1.9 ▲ 0.0% Gold $2,029 +11.2 ▲ 0.6% Nikkei 225 28,949.88 +NaN ▲ NaN% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,185 −40.6 ▼ 3.3% Bitcoin (BTC) $27,715 −739.6 ▼ 2.6% Ethereum (ETH) $1,850 −25.5 ▼ 1.4% S&P 500 4,138.12 +1.9 ▲ 0.0% Gold $2,029 +11.2 ▲ 0.6% Nikkei 225 28,949.88 +NaN ▲ NaN% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin Falls Good morning Asia. Bitcoin is beginning the East Asia trading day down 2.6% at $27,715, while Ether is down 1.4% to $1,850. The Bitcoin network’s Ordinal-induced congestion is to blame, which caused Binance to suspend withdrawals twice over the weekend. "What\'s going on right now in bitcoin is, is quite unprecedented. And we haven\'t really seen this for many, many years," 21Co co-founder and CEO Hany Rashwan said during a recent appearance on CoinDesk TV. Like others, Rashwan blamed BRC-20 meme coins, but also said that we shouldn’t conflate these with altcoins. "I wouldn\'t categorize meme coins in the same league as altcoins like Ethereum or Solana,” he said. “These altcoins are essentially smart contract platforms that facilitate a range of functions, including but not limited to meme coins and NFTs." Rashwan sees a way out of the congestion which involves meme coin holders taking profits and moving to altcoins and Ethereum, which in turn could lead to those coins increasing in value as well. Story continues But it will take another large macroeconomic event to kick off this move. And for now, we are stuck with Bitcoin NFTs of PEPE. Biggest Gainers There are no gainers in CoinDesk 20 today. Biggest Losers Asset Ticker Returns DACS Sector Terra LUNA −13.8% Smart Contract Platform Gala GALA −10.4% Entertainment Decentraland MANA −6.9% Entertainment Insights Bitcoin\'s Not-So Straight Path The meme pool-spurred congestion on Binance and bitcoin’s hefty decline are “growing pains,” but the largest cryptocurrency by market capitalization “will be fine in the long run,” Paul Eisma, head of trading for XBTO Group, told CoinDesk’s “All About Bitcoin” program on Monday. “It\'s almost like a deer in headlights for the bitcoin protocol,” Eisma said, linking the latest technical problems to the late 2021 Taproot upgrade, which boosted the bitcoin network’s privacy, among other improvements. But Eisma said optimistically that bitcoin has remained in a range roughly between $25,000 and $30,000 for much of this year. He said that crypto is still in its formative years, so understandably subject to the same headwinds that have afflicted other early-stage technologies throughout history. “Like any young and growing, nascent technology that gets upgrades and modifications, this is part of it,” Eisma said. “This is part of the growth and evolution of the network, and the path is not straight. Eisma said that he will be eyeing Wednesday’s release of the May Consumer Price Index (CPI) for a sense of the U.S. central bank’s next privacy move. The Federal Reserve has boosted interest rates 25 basis points (bps) three consecutive times, but observers of monetary policy, particularly those critical of the Fed, are hoping for a cessation of the bank’s hawkishness. “What asset markets are looking for is something not too strong or too weak because if something comes in and around, like, I don\'t know, plus, or minus, you know, some decent, low standard deviation of what\'s expected, then (it’s) still too early for a pause to rate decreases,” he said. But he added warily that the current inflation rate is still above “the 2% level the Fed is seeking. It\'s still about the core PCE level t **Last 60 Days of Bitcoin's Closing Prices:** [20187.24, 20632.41, 22163.95, 24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-09 **Financial & Commodity Data:** - Gold Closing Price: $2036.20 - Crude Oil Closing Price: $73.71 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $536,344,540,550 - Hash Rate: 360341576.2208098 - Transaction Count: 598256.0 - Unique Addresses: 586519.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.51 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Even by the to-the-moon standards of the crypto world, Justin Sun is known for making bold bets. Most Read from Bloomberg • Warner Bros. Nears Deal for Harry Potter Online TV Series • UBS Chairman’s Top-Secret Prep Paid Off in Credit Suisse Moment • Wall Street Shuns Risk as Recession Talks Ramp Up: Markets Wrap • Top Tax Mistakes to Avoid If You Make More Than $100,000 • The Final Mission for a California Military Base: Become Housing There’s the 2017 initial coin offering in his native China, completed days before the government banned such deals. The $4.6 million he paid in 2019 for lunch with Warren Buffett, which irked authorities back home. And the stablecoin he launched last year, just as a similar instrument crashed in such spectacular fashion that it took down large swathes of the cryptoasset universe. So it’s perhaps no surprise that the 32-year-old’s attempt to turn around crypto exchange Huobi Global hinges on a potentially risky strategy. Sun says he doesn’t own any stock in the company, founded in China almost a decade ago, and his official title is “adviser” — yet he works at its main office in Singapore, sends mass memos to employees, represents it in media interviews and has used about $200 million of his own wealth to help prop it up so far this year. Bloomberg News reported in November that Sun allegedly paid about $1 billion through a Hong Kong-based asset manager for a controlling stake in Huobi. His plan for regaining market share after two dismal years is likewise the source of controversy, at least inside Huobi. At issue is Sun’s approach to catering to Chinese customers, 18 months after the country outlawed all trading in cryptocurrencies. The September 2021 ban on cryptocurrency trading within China’s borders was the culmination of a years-long crackdown on the sector. While the prohibition didn’t explicitly encompass Chinese citizens living abroad, it triggered seismic changes in the crypto industry. Huobi, founded in Beijing almost a decade ago, relocated much of its operations to Singapore, stopped signing up mainland Chinese clients and said it would cut off any existing ones shortly after the ban. It is headquartered in the Seychelles. About a year on, Sun is changing Huobi’s direction again, according to current and former workers. Some of Huobi’s hundreds of workers on the mainland say they’re concerned that insufficient controls to keep people in China from trading on the platform could antagonize local authorities and put them at risk. These people spoke on condition of anonymity to avoid reprisals from Huobi. The company says it complies with Chinese regulations and doesn’t serve clients in the country. For Sun, wooing Chinese customers represents a potentially lucrative way of turning the business around. Sun said in an interview with Bloomberg News in January that Huobi was losing roughly $10 million a month, and the company announced it would cut about a fifth of its workforce to help stem the bleeding. (Sun says he became an adviser to Huobi after amassing a large position in its native token, called HT.) Throughout December and January, Huobi added thousands of Chinese citizens as customers per day on average, according to a person with direct knowledge of the matter who asked not to be identified discussing confidential information. There’s no information on whether these new customers were based inside or outside China. In late December, the majority of the roughly 80,000 clients it signed up daily did so using either a Chinese phone number or an email address used predominantly by Chinese nationals, the person said. Huobi said in a response to questions from Bloomberg News that it doesn’t operate in China. It added that Chinese Internet Protocol addresses are “strictly prohibited” from accessing the platform, and the new customers are “from anywhere but China.” “Huobi has exited the Chinese market and barred Chinese users from signing up or logging in,” the company said. Chinese regulators haven’t announced sanctions on any offshore exchange operators for signing up users based in China since the ban took effect. And people living in the country can also access other crypto trading venues with relative ease these days, for example by using virtual private networks to mask their location. Binance, one of Huobi’s two main rivals in China before the crackdown, didn’t answer questions from Bloomberg News about its policy on Chinese users or whether it has employees there, saying only that it doesn’t “operate in China.” The other one, OKX, declined to comment. The People’s Bank of China, which oversees crypto regulations, didn’t respond to a faxed request for comment. Blocking Users in China Under previous majority owner Leon Li, Huobi used geo-location to ensure that people in China were cut off from the platform after the ban, according to three people who worked there at the time. Those safeguards have been dropped under Sun, two of the people said. Geo-location involves methods such as using GPS coordinates or the location of cell-phone towers to determine where a user is, in addition to IP addresses. Asked about whether it currently uses geo-location beyond banning Chinese IP addresses, Huobi said it employs “KYC verification to prevent China users” from accessing the platform, using the acronym for know-your-customer procedures. The company’s main huobi.com URL is blocked in China, and Huobi’s mobile application isn’t available on local app stores. However, using a slight variation of the URL on a web browser allows users on the mainland to download Huobi’s trading app. Asked about the URL variation, Huobi said only that it “doesn’t engage in crypto business in China.” The lure of potentially taking on Chinese traders is obvious: The nation of 1.4 billion people was once the world’s biggest market for Bitcoin trading, and dominated mining of the token. Huobi has gone further than competitors in making the platform available to Chinese crypto traders by enabling them on its mobile app to register under a Dominican nationality. Citizens of the eight other countries listed as barred from using Huobi in its user agreement aren’t immediately given the same option. Sun is no stranger to walking the regulatory tightrope in China. In 2017, while he was based there, his Tron Foundation raised about $70 million in an initial coin offering of the TRX token that was completed just days before Chinese authorities banned ICOs. Sun, believing he was “a fugitive,” hurriedly left China soon after the deal, The Verge reported in March last year, citing unidentified people familiar with the matter. In July 2019, Chinese news outlet Caixin said Sun had been placed on a “border control list” by the government amid allegations of illegal fundraising. Huobi declined to comment on the two reports. Sun has previously said he worked with Chinese regulators to refund local TRX holders quickly after the ban took effect, and he’s called the Caixin story “completely inaccurate.” The US Securities and Exchange Commission on March 22 sued Sun for allegedly violating securities rules, accusing him of breaking anti-fraud and market manipulation regulations. Sun tweeted at the time that the suit “lacks merit.” ‘Anti-China Strategy’ Sun eventually settled in Geneva and in 2021 became permanent trade representative to the World Trade Organization for Grenada — a title that comes with diplomatic immunity — and adopted the honorific “his excellency” on his Twitter profile. Sun currently splits his time between Geneva, the Caribbean and Singapore, where he’s been working at Huobi’s office in the main financial district. On Friday, Sun tweeted that his term as trade representative for Grenada has come to an end. In the January interview with Bloomberg News, Sun blamed what he called Li’s “anti-China strategy” for Huobi’s rapid loss of market share. At the same time, he was vague on how he plans to reverse it, saying that Hong Kong — the Chinese enclave that’s increasingly embracing crypto — will be an initial focal point for Huobi’s expansion. Li couldn’t be reached for comment through the Hong Kong-listed company he controls. In a Bloomberg Television interview in early February, Sun said Huobi’s revenue may have tripled in January, adding that the company would probably be profitable in the first quarter. Sun says he believes China is likely to reverse its crypto ban after studying how the industry develops in Hong Kong, which has a separate legal and financial system. However, he signaled he’s content to wait until that happens before actively courting Chinese traders. “Currently, our focus is not to directly go to Chinese users,” Sun said in January. Becoming Dominican Interviews with 11 current and former employees who spoke on condition of anonymity paint a different picture. As of mid-February, at least six workers in Beijing had left or were in the process of leaving because they were concerned that the recent influx of Chinese clients could attract the attention of local authorities, given what they describe as a lack of safeguards to ensure those users aren’t based in China. Even as Huobi’s top management and other workers relocated to Singapore or Hong Kong after China’s ban, many employees — mostly in areas like engineering and marketing — remained in the country, according to the people. Huobi declined to say how many workers it has in China. Overseas-based crypto platforms that sign up traders in China are probably not at legal risk from authorities — but any employees located on the mainland could be, along with the users themselves, according to Dominic Wai, a partner at ONC Lawyers in Hong Kong. One thing that distinguishes Huobi from rivals is an option, announced in November, that lets would-be users apply for a “digital identity” with the tiny island nation of Dominica. Those selecting China as citizenship when applying on Huobi’s app are told that because of “nationalit... - Reddit Posts (Sample): [['u/Kooky-Treacle7920', 'My bitcoin I’ve been trying to receive on Coinbase has been stuck pending on block chain for OVER 2 DAYS. What can I do', 41, '2023-05-09 04:46', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/', 'I tried sending bitcoin from a gambling site to Coinbase. Coinbase confirmed they have it and it’s on the block chain unconfirmed. Am I ever going to get my money do I need to do anything or just keep waiting? Usually it’s never been like this. Thanks so much for the help I am very bad when it comes to understanding this as I’m new so please don’t roast me. Also why have fees gone up so much, it’s like 6$ to send 15$??? And it’s saying 30$ fee for what? Tf? I’m about to be done with crypto it’s not worth anymore with how expensive fees now are', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/', '13cd5cu', [['u/noob_zarathustra', 13, '2023-05-09 04:48', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/jjf85e4/', "You can't do much. Just have to wait for the transaction fees to reduce so that your transaction gets picked up for confirmation. I've got a transaction stuck in the mempool too for about 2 days now.\n\nYou'll get it for sure though.", '13cd5cu'], ['u/PenaltyFickle5699', 38, '2023-05-09 05:11', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/jjfawmt/', 'Right now the network is a mess. Just gotta wait man.', '13cd5cu'], ['u/dubweb32', 18, '2023-05-09 05:22', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/jjfc7l8/', 'I’ve been sitting on the sidelines eating my popcorn 🍿', '13cd5cu'], ['u/DukeThom', 12, '2023-05-09 05:27', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/jjfct55/', 'I’m the guy sitting behind you shaking a box of candy obnoxiously loud every 10 seconds', '13cd5cu'], ['u/DukeThom', 12, '2023-05-09 05:27', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/jjfcuib/', 'Eth gas fees are completely separate from BTC network fees', '13cd5cu'], ['u/crypt0_sports', 10, '2023-05-09 05:30', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/jjfd5ws/', 'BTC network is going through some things atm', '13cd5cu'], ['u/Florian995', 16, '2023-05-09 06:34', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/jjfk4m7/', 'The Bitcoin networks is clogged because of Ordinals and BRC-20 tokens. Just wait', '13cd5cu'], ['u/Dazzling_Marzipan474', 15, '2023-05-09 07:25', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/jjfozjx/', "DON'T EVER SEND DIRECTLY TO AN EXCHANGE FROM A GAMBLING SITE! ESPECIALLY COINBASE!\n\nAlways send to your wallet then to exchange and vice versa when you buy in, send from wallet to gambling site. \n\nExchanges can and will close your account if they find out.", '13cd5cu']]], ['u/AutoModerator', '[Daily Discussion] - Tuesday, May 09, 2023', 24, '2023-05-09 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡**Tip Fellow Redditors over the Lightning Network**⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\n**Other ways to interact:**\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/', '13cera9', [['u/bundabrg', 16, '2023-05-09 06:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjfkn8i/', "I'd prefer it go into its own layer rather than the base chain but if people are willing to pay for the space then who am I to judge.\n\nIt's like putting up a public whiteboard with a list of rules you have to follow to write on it and then preventing certain people from writing on it who are following the rules.\n\nEven that car with blackboard paint allows people to draw anything on it. And yes it's mostly covered with dicks.\n\nEdit: I'll add that if it makes financial sense it will end up going to a different layer and will drive development there. If there was no restriction then everyone would just take the lazy approach and end up bloating the chain. You need the incentive.", '13cera9'], ['u/xtal_00', 19, '2023-05-09 08:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjfsae1/', "It's a free market. It'll get sorted.\n\nI'm pleased my mining revenue is up again.", '13cera9'], ['u/52576078', 12, '2023-05-09 11:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjg4sf3/', "Yep, it's adoption. We wanted adoption. Plus it demonstrates how miners can earn from fees, not just mining.", '13cera9'], ['u/Essexal', 14, '2023-05-09 11:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjg5no6/', 'Don’t make me deploy more capital.', '13cera9'], ['u/dependentlyarised', 12, '2023-05-09 13:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjgi5wu/', "So the trick is liquidating during an ATH? I would've never thought about it!", '13cera9'], ['u/bufonia1', 11, '2023-05-09 14:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjglkjy/', 'wow, how do u time the ath?', '13cera9'], ['u/Gravy_Vampire', 10, '2023-05-09 14:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjgoedd/', 'Something to do with all these cardinals people keep talking about', '13cera9'], ['u/delgrey', 20, '2023-05-09 16:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjh0bo9/', 'Cramer: "Commercial Real Estate isn\'t going to destabilize the system"', '13cera9'], ['u/BitSecret', 13, '2023-05-09 16:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjh45oi/', 'Welp, I was wrong. No $30k in our rearview window. At least the weather is nice.', '13cera9'], ['u/diydude2', 14, '2023-05-09 16:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjh47k0/', 'Translation: A quadrillion dollars worth of derivatives dross is sloshing around in the bilge.', '13cera9'], ['u/RetardIdiotTrader', 10, '2023-05-09 19:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjhu21f/', 'Bitcoin is dead^(again)', '13cera9'], ['u/52576078', 12, '2023-05-09 20:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jji10z1/', 'Good article by Dylan LeClair on the upcoming halving. I think many many more people are going to be aware of the halving this time round. https://bitcoinmagazine.com/markets/holder-dynamics-one-year-until-the-bitcoin-halving', '13cera9'], ['u/BootyPoppinPanda', 11, '2023-05-09 20:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jji2kmh/', 'Bcash was the obvious pump given the mempool hysteria rn. This market is so thirsty for drama. Anyone gonna short it for when it inevitably fizzles out?', '13cera9'], ['u/ReflectionFamiliar68', 13, '2023-05-09 21:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjiedjp/', "Ouch, immediately after the fork you could have sold for anywhere from 0.1 to 0.4. Currently 0.004.\n\nI dumped mine instantly at about 0.11. Was pissed that it went much higher but I'm glad I dumped it now. I just knew long term it is worthless.", '13cera9'], ['u/ReflectionFamiliar68', 10, '2023-05-09 22:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjiirv6/', 'Truth. I got totally burned in 2021 waiting for the blowoff top that SBF made impossible. I knew something was wrong but kept holding out of greed.', '13cera9']]], ['u/slade991', 'Cryptocurrencies from a Business Perspective', 34, '2023-05-09 07:12', 'https://www.reddit.com/r/CryptoCurrency/comments/13cg8nl/cryptocurrencies_from_a_business_perspective/', 'Hello r/cc,\n\n​\n\nI wanted to write this post for a long time to give a business perspective on the cryptocurrency ecosystem. I hope this post might help show a critical view of the space, highlighting the positive and negative aspects, and maybe help new projects to address the issues we encountered.\n\n​\n\nI run two different B2C businesses, one traditional and one all about crypto. Our exposure to crypto is only as a payment method, and we are not a web3 company. I will attempt to give the pros and cons of each one and see how accepting traditional means of payment compares to cryptocurrencies.\n\n​\n\nThese days, to process credit card payments or any other means of traditional payment, you are required to use a third-party provider. The biggest on... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["TheWeb3game industry is growing on blockchain networks likeAvalanche,Solana,Polygon, and even the newly-launchedSui. One platform you don't find on that list isChia, the novel storage-based blockchain network—but that may soon change.\nLast week, Chia Network—which recentlysignaled plans to go public—launched what it’s calling theChia Open Digital Economy (CODE)framework, which is infrastructure and tooling designed to power an open metaverse of games and applications that use interoperable assets.\nAlongside that initiative, Chia will launch a proof-of-concept trading card game on May 19called ChiaTCG, which will support allNFTscurrently on Chia and turn them into playable cards.\nLeading the gaming push is Richard Tsao, Chia Network’s Chief Metaverse Officer, who spent two decades working for giants of the gaming industry—from Microsoft back in its early Xbox days to Ubisoft branches in China and eventually League of Legends creator Riot Games.\nTsao toldDecryptthat it was at Riot Games that he recognized the need for an open ecosystem of tradable assets that are truly owned by players. He said that he tried to pursue the concept while at the company, but that it ultimately “didn’t work”—he couldn’t find traction for the idea at a large studio with its own thriving, closed ecosystem of assets.\nUltimately, he set up shop at Chia and is now leading its push to adapt the blockchain network to better support games.\nCreated by Bram Cohen, inventor of the BitTorrent protocol, Chia uses a unique “proof of space and time” consensus mechanism that’s secured by users’ storage space, rather than requiring high-end computers and immense amounts of energy likeBitcoin’s network does.\nTsao sees potential advantages to Chia’s gaming plan compared to other blockchain networks. Notably, theNFT1 token standardpairs with Chia’s Offers system to enable peer-to-peer atomic swaps without the need for a marketplace or an escrowsmart contractin the middle. It’s a nuanced variation that Tsao believes is a meaningful differentiator.\nChia Aims to Take on Ethereum, Solana With NFTs. Will They Blossom?\nBroadly, however, it appears that Chia’s gaming ambitions are still very early. Chia Network has a plan and a proof-of-concept game demo, but these are only first steps.\nBy the end of the year, Chia hopes to release a white paper and finalize code to enable interoperability between future games, as well as create an “abstraction layer” that makes it easier for developers to build games atop the network.\nChiaTCG is simply designed as a “very generic, proof-of-concept” game that could support any NFTs on the network, Tsao explained, giving all projects and communities an opportunity to see how their assets could function within a game. It’s a two-player cooperative experience designed as a “starting point” for creators, he said.\nButEthereumNFT-based trading card games likeGods UnchainedandSkyweaverhave been online for years, and some of those aforementioned blockchain networks have numerous live games with many more in development. Chia’s NFT market is much smaller than platforms like Ethereum and Solana, as well, given that it juststarted taking shape last year.\nChia is starting behind the pack, in other words—way behind the pack. But Tsao believes that its infrastructure will be appealing to developers, and that the network can unlock true functionality around theinteroperability premisethat has largely been a pipe dream in Web3 gaming to date. It just may take some time to get there.\n“We don't profess to be game developers. We’re great technology developers… who really want to make the use case ofmetaversegaming come alive,” said Tsao. “So we will partner with experienced game developers to provide that tech—and they’ll provide good games.”", 'Joseph O’Connor, theU.K. national behind a 2020 Twitter hack, has been extradited to the United States, where he has pled guilty to multiple cybercrime offenses, the U.S. Attorney’s Office Southern District of New Yorkannounced Tuesday\n“O’Connor used his sophisticated technological abilities for malicious purposes — conducting a complex SIM swap attack to steal large amounts of cryptocurrency, hacking Twitter, conducting computer intrusions to take over social media accounts, and even cyberstalking two victims, including a minor victim,” the SDNY said in a statement.\nDuring the 2020 Twitter hack, multiple high-profileTwitter accounts were taken over– including CoinDesk’s – and used to promote a bitcoin giveaway scam. Despite multi-factor authentication being enabled on some of the accounts, the attackers managed to hide scam warning responses, including from Binance CEO Changpeng Zhao, and amassed approximately 11.3 BTC ($103,960) from the fraudulent activity.\nFlorida resident Graham Ivan Clark, an associate of O’Connor’s who also participated in the attack, wasarrested in March 2021and tried as a young offender, as he was 17 at the time of the hack.\nO’Connor, 23, was also charged by the SDNY and pled guilty for his role in SIM-swapping attacks targeting high-profile executives in the cryptocurrency industry, resulting in the theft of $794,000 in digital assets.\nWhile the SDNY declined to name the company, only stating that it “provided wallet infrastructure and related software to cryptocurrency”, there have been numerous cases of targeted crypto companies using this same technique,including BlockFi.\nTelecoms such asAT&Tas well asT-Mobilehave been sued by victims over the lack of internal security measures that have allowed these attacks to take place.\nO’Connor is due back in court on June 23 for sentencing.', 'Joseph O’Connor, the U.K. national behind a 2020 Twitter hack , has been extradited to the United States, where he has pled guilty to multiple cybercrime offenses, the U.S. Attorney’s Office Southern District of New York announced Tuesday “O’Connor used his sophisticated technological abilities for malicious purposes — conducting a complex SIM swap attack to steal large amounts of cryptocurrency, hacking Twitter, conducting computer intrusions to take over social media accounts, and even cyberstalking two victims, including a minor victim,” the SDNY said in a statement. During the 2020 Twitter hack, multiple high-profile Twitter accounts were taken over – including CoinDesk’s – and used to promote a bitcoin giveaway scam. Despite multi-factor authentication being enabled on some of the accounts, the attackers managed to hide scam warning responses, including from Binance CEO Changpeng Zhao, and amassed approximately 11.3 BTC ($103,960) from the fraudulent activity. Florida resident Graham Ivan Clark, an associate of O’Connor’s who also participated in the attack, was arrested in March 2021 and tried as a young offender, as he was 17 at the time of the hack. O’Connor, 23, was also charged by the SDNY and pled guilty for his role in SIM-swapping attacks targeting high-profile executives in the cryptocurrency industry, resulting in the theft of $794,000 in digital assets. While the SDNY declined to name the company, only stating that it “provided wallet infrastructure and related software to cryptocurrency”, there have been numerous cases of targeted crypto companies using this same technique, including BlockFi . Telecoms such as AT&T as well as T-Mobile have been sued by victims over the lack of internal security measures that have allowed these attacks to take place. O’Connor is due back in court on June 23 for sentencing.', 'Good morning. Here’s what’s happening:\nPrices:As blockchain congestion eases, Bitcoin\'s price recovers. eToro\'s Callie Cox said that inflation remains a key concern among crypto traders but noted bitcoin\'s resilience in an interview with CoinDesk TV.\nInsights:Extraterritoriality is once again at the front-and-center of a crypto court case. Will we finally get some answers as to how far U.S. authorities can reach?\nBitcoin Showing Green Shoots as Congestion Begins to Clear\nCoinDesk Market Index (CMI)\n1,185\n+2.2▲0.2%\nBitcoin (BTC)\n$27,741\n+71.2▲0.3%\nEthereum (ETH)\n$1,853\n+2.9▲0.2%\nS&P 500\n4,119.17\n−19.0▼0.5%\nGold\n$2,043\n+17.0▲0.8%\nNikkei 225\n29,242.82\n+292.9▲1.0%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,185", "+2.2\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,741", "+71.2\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,853", "+2.9\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,119.17", "\\u221219.0\\u25bc0.5%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,043", "+17.0\\u25b20.8%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["29,242.82", "+292.9\\u25b21.0%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nGood morning Asia.\nWhile bitcoin traded sideways throughout the U.S. business day, as Asia opens, the first signs of a return to price growth have reappeared amid diminishing congestion on the bitcoin blockchain.\nBitcoin is currently trading at $27,741, up 0.3%,according to CoinDesk market data, whileether is trading at $1,853, up 0.2%.\nOn-chain data showsthat of Wednesday morning Asia time, the number of unconfirmed transactions had dipped to just below 400,000 from nearly 500,000 over the weekend. In addition,fees for sending transactionshad settled to just over $5 from over$20 at the peak of this crisis.\nBut the question on many people\'s minds was what will cause the next big move in prices?\neToro investment analyst Callie Cox points to inflation as the chief concern from everyone from the Fed to crypto traders.\nOn a recent appearance on CoinDesk TV, Cox argued that Americans want inflation to decrease while maintaining job security, and the Fed is trying to balance these, but it\'s a process that inevitably involves some pain.\n“Powell really leaned into his megaphone and provided some very flexible language on the future of policy,” Cox said on CoinDesk TV. “They k **Last 60 Days of Bitcoin's Closing Prices:** [20632.41, 22163.95, 24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-10 **Financial & Commodity Data:** - Gold Closing Price: $2030.50 - Crude Oil Closing Price: $72.56 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $536,094,490,050 - Hash Rate: 405682569.2552164 - Transaction Count: 671668.0 - Unique Addresses: 686423.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.52 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin dipped in Monday morning trading in Asia but remained above the US$28,000 resistance level, while most other top 10 non-stablecoin cryptocurrencies traded lower following a week unsettled by U.S. regulators’ litigation against the world’s largest crypto exchange Binance for allegedly violating trading rules. U.S. equities jumped on Friday as the Federal Reserve’s preferred inflation gauge pointed to a slowdown in the economy and a potential end of the Fed’s tightening cycle. See related article: Weekly Market Wrap: Bitcoin pops above US$29,000, market shrugs off Binance legal woes Fast facts Bitcoin dipped 0.93% to US$28,111 in the 24 hours to 9:00 a.m. in Hong Kong, to add 0.35% for the past seven days, according to CoinMarketCap data . The world’s largest cryptocurrency fell to a low of US$26,677 last Tuesday following the U.S. Commodity Futures Trading Commission’s (CFTC) lawsuit against Binance, and has recovered over 5.37% from that point. Ethereum dropped 1.27% to US$1,790 but traded up 0.61% for the week. Ethereum blockchain’s Shanghai hard fork , which includes an update that will allow investors to withdraw their staked ETH for the first time, is scheduled for April 12, the Ethereum Foundation announced last week . Dogecoin led losses with a 5.92% drop in the past 24 hours and traded at US$0.07871, but held a weekly gain of 5.67%. Tesla Chief Executive Officer Elon Musk, whose tweets have caused price moves of the meme coin, is reportedly seeking to dismiss a US$258 billion price manipulation lawsuit, Reuters reported on Saturday. XRP rose 3.06% to US$0.5192 for a weekly gain of 15.57%. Behind XRP’s rally is the growing optimism that Ripple Labs, whose crypto payment platform is powered by XRP, would end its on-going lawsuit against the U.S. Securities and Exchange Commission (SEC), which charged the company and its executives with breaching securities laws. Ripple Labs CEO Brad Garlinghouse called for U.S. officials to take notice of the SEC’s enforcement actions on Twitter last Friday. SEC Chair Gary Gensler requested US$2.4 billion in funding from Congress last Wednesday to intensify the agency’s crackdown on cryptocurrency misconduct. The total crypto market capitalization dipped 1.10% in the past 24 hours to US$1.17 trillion. The total trading volume over the last 24 hours increased 2.96% to US$31.79 billion. In the non-fungible token (NFT) market, the Forkast 500 NFT index edged up 0.37% to 4,067.30 as of 09:00 a.m. in Hong Kong, up 0.85% for the week. The index is a proxy measure of the performance of the global NFT market and includes 500 eligible smart contracts on any given day. It is managed by Forkast Labs data branch, CryptoSlam . Forkast SOL NFT Composite, which tracks the performance of the Solana NFT market, rose 1.03% for the day to 1,215.36, and held a weekly gain of 5.07%, following the migration of DeGods — a Solana-based NFT collection — to the Ethereum blockchain. NFT trading activities went up as investors anticipated the price of DeGods to rise on Ethereum, as it had with Y00ts, a collection that started migrating to Polygon earlier last week. U.S. equities closed higher on Friday. The Dow Jones Industrial Average moved up 1.26%, the S&P 500 gained 1.44%, and the Nasdaq Composite Index rose 1.74. The U.S. Personal Consumption Expenditures Price Index, which excludes food and energy, edged up 0.3% in February, lower than the expected 0.4%. The economic reading points to a slowdown of inflation, and could offset the Fed’s tendency for more aggressive rate hikes, which raised the rates to 4.75% to 5% in March, the highest level since 2007. New York Fed President John Williams said last Friday he expects the U.S. annual inflation rate would drop to 3.25% within 2023, and fall below the Fed’s long-term target of 2% in the next two years, stressing that price stability remains the Fed’s top concern despite the turmoils in the banking system. Analysts at the CME Group remain mixed on the Fed’s next move on interest rates, which will be made at the next Fed meeting on May 3. 50.4% of the analysts predict no rate hike, while 49.6% expect a 25 basis-point rise. U.S. stock futures traded mixed as of 9:00 a.m. in Hong Kong, as investors wait for a series of U.S. economic data releases this week, including the manufacturing purchasing managers’ index on Monday. The Dow Jones Industrial Average futures moved up 0.10%, S&P 500 futures dropped 0.24% and the Nasdaq Composite Index fell 0.63%. See related article: Japan’s finance ministry to launch panel to assess digital yen: NHK... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening:\nPrices:Fairlead Strategies\' Katie Stockton anticipates a pullback to around $25,200 for bitcoin and a short-term setback for Ether, but sees potential for Ether to outperform Bitcoin in the short term.\nInsights:Bitcoin needs a good story before it can push higher, says Brent Xu, CEO of Web3 bond-market platform Umee. What will that narrative be?\nCoinDesk Market Index (CMI)\n1,209.53\n+0.9▲0.1%\nBitcoin (BTC)\n$27,618\n+36.0▲0.1%\nEthereum (ETH)\n$1,838\n−6.9▼0.4%\nS&P 500 daily close\n4,137.64\n+18.5▲0.4%\nGold\n$2,037\n+0.3▲0.0%\nTreasury Yield 10 Years\n3.44%\n▼0.1\nBTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET\n[["1,209.53", "+0.9\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,618", "+36.0\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,838", "\\u22126.9\\u25bc0.4%"], {"CoinDesk Market Index (CMI)": "S&P 500 daily close"}, ["4,137.64", "+18.5\\u25b20.4%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,037", "+0.3\\u25b20.0%"], {"CoinDesk Market Index (CMI)": "Treasury Yield 10 Years"}, ["3.44%", "\\u25bc0.1"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET"}]\nAll Eyes on Ether as Bitcoin Pushes Down?\nGood Morning Asia,\nCrypto is starting the trading day in Asia fairly flat after apromising U.S. Consumer Price Indexpushed bitcoin above $28,000.\nBitcoin is now trading at $27,618, according to CoinDesk market data, which makes it effectively flat. Ether is down 0.4% to $1,838.\nKatie Stockton, Founder and Managing Partner of Fairlead Strategies, said during a recent appearance on CoinDesk TV that overall the crypto market likes the lower CPI numbers but don’t expect price appreciation yet.\n“From a technical perspective, the market does seem to like it, we\'re seeing a positive reaction. But really, the action is somewhat insignificant in terms of where both bitcoin and Ether have traded up late,” she said. “They recently broke down below their 50-day moving averages."\nStockton expects Bitcoin to pull back to its base breakout point of about $25,200. However, she still sees an upward trend in the intermediate term.\nThis lower price point should serve as a nice entry point for new investors, she argues.\nStockton also sees a short-term setback for Ether as it too, has moved out its 50-day moving average. However, she predicts Ether might outperform bitcoin in the short term.\n"We anticipate a downside for Ether, regardless of today\'s activity, with a support level around $1,755,” she said. “This could provide a natural point for stabilization as oversold conditions may yield a rebound."\n[{"Asset": "Gala", "Ticker": "GALA", "Returns": "+11.5%", "DACS Sector": "Entertainment"}, {"Asset": "Cosmos", "Ticker": "ATOM", "Returns": "+5.5%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Polkadot", "Ticker": "DOT", "Returns": "+2.8%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "Ethereum", "Ticker": "ETH", "Returns": "\\u22120.3%", "DACS Sector": "Smart Contract Platform"}]\nAn Asset Market in Search of a Good Story\nBanking substitute? Inflation hedge? Gold alternative?\nBitcoin has yet to find a new foundation that drives the price from its weeks-long range roughly between $25,000 and $30,000, Brent Xu, CEO and co-founder of Web3 bond-market platform Umee, said on CoinDesk TV’s “All About Bitcoin” program.\n“Bitcoin is trying to find its next narrative,” Xu said.\nBitcoin’s price seesawing on Wednesday encapsulated its vulnerability to events in recent weeks. The largest cryptocurrency by market capitalization rose on a mildly favorable Consumer Price Index (CPI) that showed inflation rising a less-than-expected 4.9% in April. But BTC sank around midday on internet rumors of a $320 million U.S. government bitcoin sell-off before rebounding as markets shrugged off the hearsay.\nXu noted that the price run-ups tied to a mini-run of U.S. bank failures in April and earlier this month had failed to spur long-lasting price momentum.\n“We saw a bunch of banks get destroyed, and there\'s this narrative building that bitcoin will be a new banking system,” he said. “Unfortunately, that narrative is still not fully substantiated.Bitcoin is oscillating during the existing market cycles, and we haven\'t reached that bullish momentum cycle yet.\nHe added: That is likely to happen next year. For the rest of this year, we\'re gonna see some more price oscillation.”\nXu believes that the steady decline in inflation from a peak of 9.1% last June will allow the U.S. central bank to reconsider the steady diet of hawkish interest rate increases that Federal Reserve critics blame for the near banking meltdown and other economic ills. “There\'s a likelihood that we\'re going to see some potential cuts,” Xu said, adding that some analysts foresee interest rate cuts totaling 75 basis points (bps) in the months ahead.\n“They need to take a long hard look at what all these interest rates hikes have been doing, and just the possibility of a deeper recession into the near future,” he said.\nXu said that liquidity would be important for crypto markets to thrive. Market makers Jane Street and Jump Crypto recently abandoned crypto trading in the U.S. and other firms focused or with at least a deep interest in crypto have also been scaling back their activities or threatening to move them overseas.\nBut Xu said that “these markets will find a way to exist, if not within U.S. borders,” and added that “there will be institutional liquidity that comes in.”\n“It’s just building the right narrative. The next narrative needs to be a major innovation, like the Shanghai Shapella upgrade, or some sort of new L-2 (layer 2), or some major improvement to the bitcoin blockchain. And when we see those, we\'ll see more liquidity and action coming (into markets).”\n9:30 a.m. HKT/SGT(1:30 UTC)Chinese Consumer Price Index (YoY/April)\n7:00 p.m. HKT/SGT(11:00 UTC)Bank of England Monetary Policy Report\n8:30 p.m. HKT/SGT(12:30 UTC)United States Producer Price Index ex Food & Energy (YoY/April)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBitcoin Inches Higher After April Inflation Report; Congress\'s Joint Crypto Regulation Hearing\nBitcoin (BTC) was inching higher after the annual U.S. inflation rate slowed to 4.9% in April from 5.0% in March, versus economist forecasts for 5.0%, according to the Bureau of Labor Statistics. Fairlead Strategies Founder and Managing Partner Katie Stockton shared her crypto markets analysis. Asobitcoin President Will Hernandez also joined "First Mover" to give an update on El Salvador\'s bitcoin experiment. And Fan-Owned Sail Team LLC Founder David Palmer shared his thoughts on creating a successful SailGP team with a passionate fan and owner base.\nAragon’s ANT Rallies After Cofounder Proposes Token Buybacks to End Activist Crisis:After a week of bickering cooler heads began to prevail. The market responded with gusto.\nCrypto Derivatives Market Share Hits All-Time High:Binance continues to be the dominant crypto derivatives trading platform.\nUniswap Weighs Proposal to Enrich Token Holders, Switch on Liquidity Pool Fees:The plan to turn on fees for some of Uniswap’s liquidity pools would funnel money to the protocol’s treasury and token holders.\nUrbit, a Network Older and Weirder Than Bitcoin, Finally Turns Toward Growth:The peer-to-peer network started in 2002 says it\'s taking on "MEGACORP," much in the same vein as many blockchain networks. A bit more fun are the "secret code names" that users are assigned.\nBitcoin Liquidity on the Brink as Market Makers Pare Back in Crypto Markets:Liquidity across bitcoin trading pairs has slumped and failed to recover since the collapse of FTX in November.', 'Good morning. Here’s what’s happening: Prices: Fairlead Strategies\' Katie Stockton anticipates a pullback to around $25,200 for bitcoin and a short-term setback for Ether, but sees potential for Ether to outperform Bitcoin in the short term. Insights: Bitcoin needs a good story before it can push higher, says Brent Xu, CEO of Web3 bond-market platform Umee. What will that narrative be? Prices CoinDesk Market Index (CMI) 1,209.53 +0.9 ▲ 0.1% Bitcoin (BTC) $27,618 +36.0 ▲ 0.1% Ethereum (ETH) $1,838 −6.9 ▼ 0.4% S&P 500 daily close 4,137.64 +18.5 ▲ 0.4% Gold $2,037 +0.3 ▲ 0.0% Treasury Yield 10 Years 3.44% ▼ 0.1 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET CoinDesk Market Index (CMI) 1,209.53 +0.9 ▲ 0.1% Bitcoin (BTC) $27,618 +36.0 ▲ 0.1% Ethereum (ETH) $1,838 −6.9 ▼ 0.4% S&P 500 daily close 4,137.64 +18.5 ▲ 0.4% Gold $2,037 +0.3 ▲ 0.0% Treasury Yield 10 Years 3.44% ▼ 0.1 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET All Eyes on Ether as Bitcoin Pushes Down? Good Morning Asia, Crypto is starting the trading day in Asia fairly flat after a promising U.S. Consumer Price Index pushed bitcoin above $28,000. Bitcoin is now trading at $27,618, according to CoinDesk market data, which makes it effectively flat. Ether is down 0.4% to $1,838. Katie Stockton, Founder and Managing Partner of Fairlead Strategies, said during a recent appearance on CoinDesk TV that overall the crypto market likes the lower CPI numbers but don’t expect price appreciation yet. “From a technical perspective, the market does seem to like it, we\'re seeing a positive reaction. But really, the action is somewhat insignificant in terms of where both bitcoin and Ether have traded up late,” she said. “They recently broke down below their 50-day moving averages." Stockton expects Bitcoin to pull back to its base breakout point of about $25,200. However, she still sees an upward trend in the intermediate term. Story continues This lower price point should serve as a nice entry point for new investors, she argues. St **Last 60 Days of Bitcoin's Closing Prices:** [22163.95, 24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-11 **Financial & Commodity Data:** - Gold Closing Price: $2014.70 - Crude Oil Closing Price: $70.87 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $521,899,381,500 - Hash Rate: 360341576.2208098 - Transaction Count: 546549.0 - Unique Addresses: 596717.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.52 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Disney is expected to make thousands of further job cuts this week under plans to save $5.5bn (£4.4bn) in costs. The entertainment giant on Monday began a second wave of layoffs as it works towards eliminating 7,000 jobs, which represents 3pc of its global workforce of around 220,000 people. Disney is expected to axe “several thousand” roles in layoffs that will continue until Thursday. After the latest round of redundancies, Disney officials said the company will have culled a total of 4,000 jobs. The cuts will affect Disney Entertainment, ESPN and Disney Parks, Experiences and Products, Bloomberg reported. The latest measures are not expected to have an impact on workers employed at Disney’s parks and resorts. The layoffs began last month and will take effect in three stages, with the final wave expected before the start of summer. Disney Entertainment co-chairmen Alan Bergman and Dana Walden wrote in a memo to staff: "The senior leadership teams have been working diligently to define our future organisation, and our biggest priority has been getting this right, rather than getting it done fast." Redundancy plans were announced in February, alongside a sweeping reorganisation that returned decision-making to Disney’s creative executives. It followed the surprise return of Disney veteran Bob Iger, who replaced ousted chief executive Bob Chapek last November. The leadership change happened less than a year after Mr Iger retired as chairman after more than four decades at Disney, including 15 years as chief executive. Mr Iger has promised to rein in costs, particularly at Disney’s loss-making streaming platform, Disney+. In February, the California-based company revealed it had lost 2.4m Disney+ subscribers in the final three months of 2022, marking its first ever drop in subscriber numbers since launching in 2019. Disney also reported a further $1.1bn of losses in its streaming division, which includes Hulu and sports channel ESPN+. However, this was narrower than the $1.5bn losses recorded in the previous three months. It comes as media companies look to tighten spending as investors increasingly prioritise profitability over subscriber growth. Okay, that's all from us. We'll be back tomorrow morning with the latest. Millions of people failed to receivea government emergency alerton Sunday because of a suspected software glitch on Three’s mobile network. Senior business reporterJames Warringtonreports: The company is thought to have scrambled engineers to a base near Reading to resolve the problem after many customers reported that the new national emergency alert had failed to sound on their phones. Here's what Three said.... Fox News Media and top-rated host Tucker Carlson have agreed to part ways, less than a week after it and its parent Fox Corp settled a defamation lawsuit by Dominion Voting Systems for $788m (£632m). “We thank him for his service to the network as a host and prior to that as a contributor,” Fox News said in a statement. Carlson was expected to be a key witness in the trial which centred around false claims about vote-rigging in the 2020 US presidential election aired on Fox News. The settlementspared Fox from a potentially embarrassing trial that would have shed light on the heart of Rupert Murdoch's empire. The head of the Confederation of British Industry (CBI) has admitted the lobby group may not survive after an independent report spelled out a litany of failures, including promoting “culturally toxic” managers. Brian McBride, president of the scandal-hit business group, acknowledged that multiple allegations of sexual misconduct had caused permanent damage to the organisation. Speaking to The Telegraph, Mr McBride admitted that he could not be certain if more allegations of misconduct would surface in future. Economics editorSzu Ping Chanhas the story... The FTSE 100 ended Monday's session flat ahead of a busy earnings week, with investors looking to gauge the impact of monetary tightening on companies. The FTSE 100 closed flat at 7,912.20, while the mid-cap FTSE 250 was down 0.2pc at 19,226.94. Oil giants BP and Shell added 0.7pc and 0.3pc, respectively, tracking strength in crude oil prices. Base and precious metal miners extended losses into a fourth session and were the biggest drag on the commodity-heavy FTSE 100 on concerns about demand recovering in top-consumer China. Lender Barclays Plc and consumer companies like Reckitt and Unilever Plc will report quarterly results this week. Jeremy Hunt has said there is "no point" engaging with the Confederation of British Industry in the clearest sign yet that ministers have given up on the scandal-hit lobby group. Speaking at the sidelines of the Government's 'Business Connect' conference, the Chancellor said: "There's no point engaging with the CBI when their own members have deserted them in droves." He continued: We want to engage with a body that sticks up for business. It is incredibly important for me when I'm constructing budgets to have someone I can turn to who speaks for British business. Special business correspondentOliver Gillhas the details... Fitness apparel retailer Gymshark has reported a slump in profits amid rising production costs and reduced consumer spend. The British gym-wear manufacturer recorded £484.5m in group revenue during the year to July 2022, up 20.6pc from the previous year. However, operating profit sank 38.8pc from £45.4m to £27.8m. Gymshark said that its apparel business was impacted by rising input costs across its supply chain, including increasing raw materials, fuel and labour costs, plus added spend on freight and logistics. It also noted that consumer spending is restricted by inflation and rising costs. Gymshark opened its flagship store on London’s Regent Street last October in hopes of expanding its customer base. The online retailer was valued over £1bn after securing investment from US private equity firm General Atlantic in 2020. Homeware chain Bed, Bath & Beyond has filed for bankruptcy protection in the US, after efforts to save the retailer from collapse failed. Retail editorHannah Bolandhas the latest on this story: The retail giant, which is seen as an institution in the US, selling towels, bedding and cookware, said it will close all its 360 Bed Bath & Beyond stores and 120 Buy Buy Baby shops over the next two months and will be liquidating its inventory. I'm signing off now and will leave you inAdam Mawardi'scapable hands. US stock markets have drifted in early trading as Wall Street remains hesitant to make big moves amid questions about where the economy, interest rates and corporate profits are heading. The S&P 500 and Dow Jones Industrial Average were 0.1pc higher, while the Nasdaq composite was 0.1pc lower. Coca-Cola was rising 0.6pc after reporting stronger profit and revenue for the first three months of the year. It was the only company in the S&P 500 to report Monday morning, but more than 170 others are scheduled to follow it this week. The question is whether they can top the low bar that Wall Street has set for them, and what chief executives for those companies say about prospects for profits later this year. Some of Wall Street’s most influential companies are set to report this week, including Microsoft on Tuesday, Meta on Wednesday and Amazon on Thursday. Top cryptocurrency bitcoin could reach $100,000 by the end of 2024, Standard Chartered has said, declaring that the so-called "crypto winter" is over. Bitcoin could gain from factors including recent turmoil in the banking sector and a stabilisation of risk assets as the US Federal Reserve ends its cycle of increasing interest rates, Standard Chartered's head of digital assets research Geoff Kendrick said. He wrote: "While sources of uncertainty remain, we think the pathway to the USD 100,000 level is becoming clearer." Bitcoin has rallied so far this year, rising above $30,000 in April for the first time in ten months. Its gains represent a partial recovery after trillions of dollars were wiped from the crypto sector in 2022, as central banks hiked rates and a string of crypto firms imploded. Predictions of sky-high valuations have been commonplace during bitcoin's past rallies. A Citi analyst said in November 2020 that bitcoin could climb as high as $318,000 by the end of 2022. It closed last year down about 65pc at $16,500. Wall Street's main indexes opened slightly lower as investors awaited results from megacap companies and key data that could shed light on the US economy. The Dow Jones Industrial Average was broadly flat at the open at 33,805.04, with the S&P 500 also barely changing at 4,132.07. The Nasdaq Composite dropped 18.99 points, or 0.2pc, to 12,053.47 at the opening bell. Disney is expected to begin a second wave of layoffs today, as it works toward eliminating 7,000 jobs to help save $5.5bn (£4.4bn) in costs. The company is anticipated to cut "several thousand" jobs in layoffs that will continue through to Thursday. With the latest round of reductions, Disney officials say the company will have culled a total of 4,000 jobs. The cuts will occur across the company's business segments, including Disney Entertainment, ESPN and Disney Parks, Experiences and Products, according to Bloomberg. However, they are not expected to affect the hourly frontline workers employed at the parks and resorts. Disney announced its layoff plan in February, together with a sweeping reorganisation that restructured the company and returned decision-making to Disney's creative executives. Its goal is to create a more streamlined approach to its business. Trillium Capital has offered to buy Getty Images in a deal that values the photo agency at nearly $4bn (£3.2bn). The activist investor has made a non-binding proposal for $10 per share in cash, representing a 97.6pc premium on the Getty closing share price of $5.06 per share on April 21. The offer has sent Getty's shares rising as much 67pc in premarket trading. Getty ... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening: Prices: Bitcoin sank below $27K for the second consecutive day. Investors are in a wait-and-see mode. Insights: Bitcoin is taking a breather even amid mildly upbeat jobs and price data this month. Prices CoinDesk Market Index (CMI) 1,155 −23.4 ▼ 2.0% Bitcoin (BTC) $27,052 −498.3 ▼ 1.8% Ethereum (ETH) $1,801 −34.3 ▼ 1.9% S&P 500 4,130.62 −7.0 ▼ 0.2% Gold $2,021 −9.1 ▼ 0.4% Nikkei 225 29,126.72 +4.5 ▲ 0.0% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,155 −23.4 ▼ 2.0% Bitcoin (BTC) $27,052 −498.3 ▼ 1.8% Ethereum (ETH) $1,801 −34.3 ▼ 1.9% S&P 500 4,130.62 −7.0 ▼ 0.2% Gold $2,021 −9.1 ▼ 0.4% Nikkei 225 29,126.72 +4.5 ▲ 0.0% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin Sinks Below $27K Again For a second straight day, bitcoin dropped to late March levels under $27,000 but remained safely within its weeks-long range as investors shrugged off upbeat employment and price data and the latest banking crisis to continue their wait for a true price catalyst. The largest cryptocurrency by market capitalization was recently trading at about $27,052, down 1.8% over the past 24 hours. BTC has been changing hands between $25,000 and $30,000 throughout the spring. A number of analysts believe it will linger there, short of a compelling reason for it to push higher – or lower. "Price reaction to macro data hasn\'t been as significant in the last few weeks," Katie Talati, head of research at blockchain asset management firm Arca, told CoinDesk TV. "I think mostly, same as equities, everyone feels like a lot of the macro moves are baked in. A lot of what we\'ve seen in the last even 24 hours, though, is much more attributable to things specific to the digital asset space. Ether was recently trading at about $1,800, off about 1.9% from Wednesday, same time. The second largest crypto in market value has also remained largely rangebound in recent weeks, despite early April\'s successful Ethereum Shanghai upgrade, which completed the blockchain\'s transition from a proof-of-work to more energy efficient proof-of-stake protocol. Story continues Pepecoin-inspired meme mania was waning less than a week after reaching a stunning $1.8 billion market cap. Data by crypto intelligence firm Nansen showed that by late morning Thursday (ET), “smart money” wallets – crypto accounts of individual traders or institutions who are known for their profitable moves – had decreased their PEPE stash by $3 million in the past 24 hours. Talati said that the team behind PEPE "did a really good job of marketing the token, really building a lot of hype around it." But she added: "These tokens tend to pop up and gain a lot of notoriety when there isn\'t as much stuff happening in this space. They are usually the most accessible ones. A lot of newer entrants into crypto like to trade them." Other major cryptos were largely in the red. The CoinDesk Market Index , a measure of the crypto market\'s performance, was down 2.4%. Equities were mixed with the Dow Jones Industrial Average (DJIA) and S&P 500 falling slightly but the tech-heavy Nasdaq rising a fraction of a percentage point. The banking sector declined after Los Angeles-based PacWest Bancorp reported that it had lost more than 9% of its deposits last week. But PacWest\'s latest problems seemed an afterthought for crypto investors. Meanwhile, Arca\'s Talati was upbeat about DeFi. "There\'s definitely a lot happening in DeFi," she said. "I\'ve highlighted the last few weeks, a lot of development on certain projects like Curve and Aave, both of which launched or (are) launching their own stable coin." Biggest Gainers Asset Ticker Returns DACS Sector Cosmos ATOM +1.9% Smart Contract Platform Stellar XLM +0.7% Smart Contract Platform Biggest Losers Asset Ticker Returns DACS Sector Gala GALA −7.7% Entertainment Terra LUNA −5.4% Smart Contract Platform Loopring LRC −4.7% Smart Contract Platform Insights Bitcoin Takes a Breather Bitcoin is taking a little May "breather" as investors ponder a mini-wave of upbeat jobs and price data, said Alex McDougall, CEO of Stablecorp, in a CoinDesk TV interview Thursday. Bitcoin\'s price has plunged from highs near $31,000 less than two weeks ago, and on Wednesday, dipped below $27,000 after markets became spooked by an unfounded rumor that the U.S. government was going to sell off some $320 million in bitcoin. The largest crypto in market value has been buffeted in recent weeks, short a compelling reason to move from a weeks-long range. "We\'ve seen interest rates kind of fluctuate a little bit," said McDougall, whose firm provides blockchain-powered financial products. "And the decoupling from the risk on tech stock narrative is interesting. In any time where there are so many competing narratives going on all at once, you can almost see the market sort of flipped between narratives. Is this a doomsday hedge? Is this your risk-on asset? Is the banking sector dying?" He added "What this seems like is an opportunity to take a deep breath – a lot of people taking profits who have been underwater for a little while, an opportunity for accumulation." McDougall noted that the meme pool-spurred congestion on the bitcoin network, which prompted exchange giant Binance to suspend withdrawals twice over the weekend, had raised concerns about the blockchain\'s ability to handle additional volume generated by NFT-like Ordinals. There are "known challenges, and scalability is always part of that that trilemma," he said "When those start to rear their head, it\'s easy to sort of say \'we\'re a little too overhyped there. Let\'s cool off a little bit.\'" He said that liquidity remains another issue that the crypto industry is having to address. "It wasn\'t a healthy marketplace, but at least we had this sort of global connectivity of liquidity before," he said. "And you\'re starting to see that fracture and that global assets not be able to move as smoothly cross border, and those liquidity plugs start to disconnect a little bit." But he was sanguine about bitcoin\'s future. "A lot of these things are sort of the natural growing pains," he said, adding: "How could you not be bullish? It\'s such a it\'s a no brainer to go to this technology in the long term, but the route there is not going to be straight." Important events. JPYMoney Supply M2+CD (Apr/YoY) Australia Westpac Consumer Confidence (May) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Bitcoin Slips After April PPI Data; The Rise of the Meme Economy Bitcoin (BTC) slipped below $27,500 following the release of April PPI data. Arca head of research Katie Talati shared her crypto markets analysis. Plus, Timothy Massad, Kennedy School of Government at Harvard University Research Fellow and former CFTC chairman, discussed the future of U.S. crypto regulation following a joint House hearing examining the future of digital assets on Wednesday. And early Dogecoin backer Gary Lachance discussed the rise of the meme economy. Headlines CoinDesk Turns 10 – 2020: The Rise of the Meme Economy: As the world locked down for COVID, meme-assets like Dogecoin and Disaster Girl grabbed the attention of a younger generation of retail investors. Three years later, memes are driving value across financial markets. This feature is part of our "CoinDesk Turns 10" series. Bitcoin Prices Retrace as Traders With Varying Time Horizons Jockey for Position: Longer term holders remain resilient. Bitcoin super whales warrant attention, as they have recently reduced positions. What’s the Reality of Crypto in Crime?: The DOJ\'s Eun Young Choi said the agency is constantly finding crypto connections in its criminal investigations. But how deep does the problem go and how much should we blame the blockchain? ‘Smart Money’ Traders Reduce Pepecoin Holdings by $3M as Meme Coin Mania Cools: PEPE token has dropped 66% since last week, when it reached a $1.8 billion market capitalization after a staggering rally.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin sank below $27K for the second consecutive day. Investors are in a wait-and-see mode.\nInsights:Bitcoin is taking a breather even amid mildly upbeat jobs and price data this month.\nCoinDesk Market Index (CMI)\n1,155\n−23.4▼2.0%\nBitcoin (BTC)\n$27,052\n−498.3▼1.8%\nEthereum (ETH)\n$1,801\n−34.3▼1.9%\nS&P 500\n4,130.62\n−7.0▼0.2%\nGold\n$2,021\n−9.1▼0.4%\nNikkei 225\n29,126.72\n+4.5▲0.0%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,155", "\\u221223.4\\u25bc2.0%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,052", "\\u2212498.3\\u25bc1.8%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,801", "\\u221234.3\\u25bc1.9%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,130.62", "\\u22127.0\\u25bc0.2%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,021", "\\u22129.1\\u25bc0.4%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["29,126.72", "+4.5\\u25b20.0%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin Sinks Below $27K Again\nFor a second straight day, bitcoin dropped to late March levels under $27,000 but remained safely within its weeks-long range as investors shrugged off upbeat employment and price data and the latest banking crisis to continue their wait for a true price catalyst.\nThe largest cryptocurrency by market capitalization was recently trading at about $27,052, down 1.8% over the past 24 hours. BTC has been changing hands between $25,000 and $30,000 throughout the spring. A number of analysts believe it will linger there, short of a compelling reason for it to push higher – or lower.\n"Price reaction to macro data hasn\'t been as significant in the last few weeks," Katie Talati, head of research at blockchain asset management firm Arca, told CoinDesk TV. "I think mostly, same as equities, everyone feels lik **Last 60 Days of Bitcoin's Closing Prices:** [24197.53, 24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-12 **Financial & Commodity Data:** - Gold Closing Price: $2014.50 - Crude Oil Closing Price: $70.04 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $510,103,455,412 - Hash Rate: 336477895.6763853 - Transaction Count: 509159.0 - Unique Addresses: 604937.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.49 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Non-custodial staking provider P2P.org has raised $23 million in Series A funding from investors, including Jump Crypto, Bybit, and Sygnum. Founded in 2018, P2P.org provides staking infrastructure for Ethereum and 49 other blockchain programs, including Cardano and Cosmos. The company's institutional staking solutions, including white label nodes and slashing insurance, have been used to stake more than $1.3 billion worth of assets, according to a press release. It plans to use the newly raised funds to expand its portfolio to include more chains in the Ethereum space, including Celestia, Sui, and Aleo. P2P.org also plans to expand its business model, focusing on building a stronger community, enhancing consumer support, improving customer experience, and elevating current infrastructure, according to a press release. Ethereum Soars to 11-Month High Following Shanghai Upgrade P2P.org credits the successful round of funding to therecent Shanghai Upgrade, which it hopes will increase institutional interest in staking Ethereum. Institutional interest in staking on Ethereum has historically been lower compared to other blockchains, according to Konstantin Lomashuk, founder ofP2P.org. But the upgrade has already resulted in increased staking of Ethereum across the board. Though Ethereum is seeing more inflows, digital assets firm CoinSharesreportedinstitutional investors are stillprioritizing investments in Bitcoin. More than $104 million was reported in Bitcoin inflows as of Monday. As of Thursday morning, Bitcoin is trading for $28,650.40, down 2% in the past 24 hours, according to CoinGecko. Bitcoin Fund Inflows Top $100M in One Week as Investors 'Flee to Safety' “We are pleased to announce this fundraising round with our strategic investors,” Lomashuk said. “Now that the upgrade is complete and as the market continues to expand, we may expect ETH staking to grow significantly in market size.” Saurabh Sharma, Head of Investments at Jump Crypto, is optimistic about the opportunity. “We are excited to participate in this funding round and continue to leverage their cross-chain expertise,” Sharma said. Bill Xing, Head of Financial Product of Bybit, said in the release that he thinks the P2P.org will enhance the mission of Web3, with the ultimate goal of putting control of the economy into people’s hands. “The third iteration of the internet was born with the promise of decentralization and democratization of finance,” he said. “We are proud to associate the Bybit name withP2P.org, the most trusted validator and infrastructure provider in the space. We look forward to elevating the space for believers in the digital economy together.” Ethereum, at the time of writing, is trading at $1,841.33, down 2% in the past 24 hours, according to CoinGecko. This after Ethereum recentlybroke past $2,000for the first time in months.... - Reddit Posts (Sample): [['u/daytrader24365', '5 Million members', 166, '2023-05-12 02:47', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/', 'I remember when there was not even a million members.....Dying to know the price of Bitcoin when we have 10 Million members', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/', '13f5ngy', [['u/8bitdreamer', 22, '2023-05-12 05:37', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/jjtwff7/', 'I remember 60,000', '13f5ngy'], ['u/2plash6', 46, '2023-05-12 06:16', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/jju0kem/', '5 million is massive, especially compared to the other top subreddits. I never knew Bitcoin on Reddit would be so popular.', '13f5ngy'], ['u/AnOrdinaryMammal', 12, '2023-05-12 06:28', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/jju1rtp/', 'I still don’t like the whole 1 Bitcoin = 1 Bitcoin thing. \n\n\n1 Bolivar = 1 Bolivar too. It doesn’t explain anything.', '13f5ngy'], ['u/twoplustwoisyellow', 15, '2023-05-12 07:01', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/jju4xep/', '5 million members. 9 comments. I can go to a sub about pretzels only made in Idaho and get more comments in 15 minutes. We need people actively contributing and getting the ball rolling. This thread is interesting to me but here we are. No one even commenting about it.', '13f5ngy'], ['u/quityourcunting', 13, '2023-05-12 07:39', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/jju89s8/', 'Idk man. This is the kind of sub that discourages dumb, low effort content. I made a post about having a last call for sub 20k btc when it creeped up from 16k late last year and it was deleted for being a basic post about bitcoin price. I’m guessing Idaho pretzel subs have less stringent standards.', '13f5ngy'], ['u/Farnboroughrd', 24, '2023-05-12 07:50', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/jju9787/', 'Bitcoin is my last roll of the dice for financial security for my children,the way things are going here(Australia) inflation (hidden tax) is rising wages haven’t gone up in a decade, electricity is ridiculously expensive, house prices are astronomical, this isn’t how I thought it would be,I thought back in the 70’s that the future would be so much better but it’s not it’s the exact opposite of how it should be.', '13f5ngy'], ['u/FixedGearJunkie', 12, '2023-05-12 16:58', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/jjvpuvt/', 'I remember when we hit 1 million. The quality of posts has gone a bit downhill. But I still love this sub.', '13f5ngy'], ['u/BitcoinFan7', 11, '2023-05-12 18:03', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/jjvzmvo/', 'The early users were mainly AnCaps and cypherpunks and the discussions were certainly more in depth on topics like economics, libertarianism, and distributed systems. I do miss the meeting of the minds and debate on big ideas but every sub that gains in popularity eventually hits an eternal september where the high level discussions are diluted and the memes proliferate. Not much we can do about it except collectively try to submit more thought provoking content and downvote vapid low effort content.', '13f5ngy']]], ['u/kap89', 'Some perspective on the number of Visa and ACH transfers from my recent r/bitcoin conversation', 19, '2023-05-12 03:12', 'https://www.reddit.com/r/Buttcoin/comments/13f67k8/some_perspective_on_the_number_of_visa_and_ach/', "> Any idea how many transactions are dealt with by visa for example?\n\nIn 2022 fiscal year they processed [192.5 billion transactions](https://annualreport.visa.com/financials/default.aspx), so **~6,104 TPS**.\n\nThey claimed total capacity of:\n\n* 24,000 TPS in [2010](https://usa.visa.com/run-your-business/small-business-tools/retail.html)\n* 65,000+ TPS in [2017](https://www.visa.co.uk/dam/VCOM/download/corporate/media/visanet-technology/aboutvisafactsheet.pdf)\n\nSo in general, they should handle all transaction on the fly, with no backlog / mempool.\n\n---\n\n> I guess the difference is that btc transactions are all final settlement, where visa isn’t. I guess I should have asked how many ach bank transfers happen.\n\nWhile it's hard to tell exactly, as there are many clearing houses in the world, here are some stats to give you an idea:\n\n* [US ACH Network](https://en.wikipedia.org/wiki/ACH_Network) in 2018 processed 23 billion transactions, which averages to ~730 TPS,\n\n* [BACS (UK)](https://en.wikipedia.org/wiki/BACS) in 2019 processed 6.5 billion transactions, which averages to ~206 TPS, and while I don't have maximum capacity for any of these institutiions, the linked wiki page mentions maximum transactions processed by BACS in one day as 124 million, which averages to ~1,435 TPS,\n\nIf we approximate from these two data-points (I know, it's a **very** crude approximation), we would get ~80 million transactions per 1 million citizens per year. Which multiplied by global population would produce ~640 billion transactions per year, which averages to **>20,000 TPS**, with unknown max capacity (assuming that these system can scale at least to the level of UK record day, you can multiply the final number by at least 7).\n\nOf course economic activity is different in different parts of the world, there are countries where number of ACH transactions is little bigger (probably countries like Japan and South Korea), or much lower (parts of Africa), but as a _future_ world currency, Bitcoin will have to tackle these numbers eventually.", 'https://www.reddit.com/r/Buttcoin/comments/13f67k8/some_perspective_on_the_number_of_visa_and_ach/', '13f67k8', [['u/Nutmeg92', 14, '2023-05-12 05:41', 'https://www.reddit.com/r/Buttcoin/comments/13f67k8/some_perspective_on_the_number_of_visa_and_ach/jjtwuuj/', 'It’s fine, it’s a free market, you can just bid 1000$ to get your grocery payment through in less than 6 hours.', '13f67k8'], ['u/b0b89', 14, '2023-05-12 08:35', 'https://www.reddit.com/r/Buttcoin/comments/13f67k8/some_perspective_on_the_number_of_visa_and_ach/jjucsan/', "You fools you forgot how Bitcoin works. 🙄\n\nYou're focused on the current endless growth of capitalism. A constantly growing number of people buying more and more things. \n\nBitcoin outsmarts the problem. Instead of scaling capacity up it scales demand down. 😎\n\nBy causing an environmental catastrophe that renders much of the earth 🌎 uninhabitable 😳\n\nWho's gonna need thousands of transactions a second when the population is 800 people mostly farming teff and scavenging the ewaste dumps", '13f67k8']]], ['u/Hellboymeep', 'Remaining Music Left (Updated)', 189, '2023-05-12 04:03', 'https://www.reddit.com/r/LilPeep/comments/13f7d5t/remaining_music_left_updated/', 'Hello everyone: To put it short, i decided to make a updated version of this list after such a long time, now that so much material have both been discorvered, released & leaked :)\n\nNow for this post, im only gonna do stuff that haven\'t been heard fully before as i feel like its way more interesting just reading about the unheard stuff, other than stuff that is heard, just not on streaming platforms.\n\nAlso im sorry that around the bottom, there is barely any pics and only links to imgur, however its due to reddit only allowing to post 20 pictures and 5 videos per post.\n\nI will put everthing in yearly order starting with remaining songs on remaining projects, then going to singles & music videos.\n\nI have a pretty strong feeling im missing something, so if there is anything im missing, feel free to comment it below so i can get it added!\n\n​\n\nQuick note: I do NOT condone or support the people leaking peeps music, im just posting it on here so that everyone that wants to hear it can. \n\nAlso a short message for Liza, if you see this and want me to take down the links for the leaked stuff, please feel free to comment it under the post, or dm me, and ill will get it all taken down! I never want to be disrespectful in any way🙏❤️\n\n​\n\n# Projects:\n\n***GRXXNGHOSTEXENPEEP:***\n\nCover: Unknown\n\nTracklist: Unknown\n\nProducer(s): Unknown\n\nDescription: GRXXNGHOSTEXENPEEP was a project that made during the early schemmaposse era in 2016 maybe even a little bit in 2015. In a [Instagram Post](https://www.instagram.com/p/COEY-MSHV4T/) by Jgrxxn he goes over some of his unreleased stuff, (Mainly beats) and we can see the name of the project when he scrolls down. \n\nIn the replies someone asked about what it was, and Jgrxxn said it was a project they were working on. When someone asked if it was lost he said: \'\'Got verses here and there\'\'. Other than that no one knows if its ever gonna release or get heard.\n\n​\n\n​\n\n​\n\n***PEEP X CRAIG XEN MIXTAPE:***\n\n[Cover For The Peep X Craig Xen Tape, confirmed in dms with Nar On The Track](https://preview.redd.it/5k6za95uq8za1.png?width=709&format=png&auto=webp&v=enabled&s=c4c27d9070f6dfb6f05e8e0440542521e82f2202)\n\nTracklist: \n[Unbreakable](https://youtu.be/Lc68FuxwkJs) \n(Rest unknown)\n\nProducer(s): Nar On The Track\n\nDescription: The peep x craig xen mixtape was recorded in between late 2015 and early 2016. The Mixtape is produced entirely by \'\'Nar on the track\'\'. In a now deleted tweet on 06/27/2017, Nar On The Track posted saying. \'\'This @ Craigxen x @ lil peep tape fully produced by me was pose to be out a year ago\'\'. \n\nIn 2021/2022, a person reached out to Nar On The Track and asked about the tape. Nar On the track said: \'\'Craig Xen stopped replying to my dms years ago and i never got to meet either so i have no idea what happened to the project.\n\n[Deleted tweet from Nar On The Track](https://preview.redd.it/v1qc9udnq8za1.jpg?width=392&format=pjpg&auto=webp&v=enabled&s=0298b733580390f1e7237e57b1f4a856a6ae1324)\n\n​\n\n​\n\n​\n\n***Peep Hart EP:***\n\n[W... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['A bright light illuminated the non-fungible tokens scene this week, but was it a near-death experience for NFTs or a beacon of hope? Like a moth to the flame, I\x92m drawn in to investigate. Maybe it\x92s liquidity freshly in traders\x92 hands from Blur\x92s new Blend lending protocol, or perhaps those sweet $PEPE and $TURBO gains are finally trickling back to NFTs, but NFTs just had their best single day of sales since mid-March. It\x92s actually pretty simple to see what happened. The weather in NFTs has been perfect, with good news from established projects, hot tech, a bit of money in traders\x92 pockets from trading meme coins, and a well-timed tweet from none other than the current (and soon-to-be former) chief executive officer of Twitter, Elon Musk. pic.twitter.com/4s6HwnCY74 \x97 Elon Musk (@elonmusk) May 10, 2023 Nobody knew that Musk was preparing a rocket launch this week, but that\x92s exactly what happened when he tweeted a meme from the Milady\xa0Maker\x92s NFT community that has now been viewed over 32 million times. Sales of Milady NFTs exploded and carried the rest of the market with them to a height of US$217 million in sales volume this week. Milady NFT CryptoSlam chart Binance integrated Bitcoin NFTs into their marketplace, giving Ordinals a new way to reach the masses without needing to be a technical wizard to trade them. NFTs on the OG blockchain were red hot, with a new flavor of Ordinal called BRC-20s picking up momentum. BRC-20s are Bitcoin\x92s version of Ethereum\x92s meme coins, but at their core, they\x92re also like an NFT collection. We\x92ll give a technical breakdown of these new Bitcoin Ordinals in a future edition of On Deck. The Bitcoin ecosystem seems to be in \x93up only\x94 mode right now, and when that will end, nobody knows. Ribbit. Bitcoin-Ordinals CryptoSlam chart The Pudgy Penguins project had two announcements this week that added to their feel-good story. First, they announced a new partnership with WME talent agency that brings them closer to movies, games, and other mainstream entertainment. Then the adorable crew followed that up with an announcement that they had raised US$9 million in seed funding. Not bad for a project that was circling the drain before being purchased by the marketing master Luca Schnetzler (Gel Blaster, Vibe Body Care, Cookies n Kicks). Story continues The Pudgy Penguins\x92 NFT sales probably didn\x92t have much of an impact on the market, but the positive news coming in the thick of a bear market was a welcomed bright spot that just for a moment reminded us all that there is real growth happening here. Pudgy Penguins CryptoSlam chart Here\x92s where things get interesting, and if you are a regular reader of On Deck, you already know this re-occurring topic. The Forkast 500 NFT Index reflects the NFT market losing over 8% this week. Yes, high gas fees are largely to blame, but we can\x92t minimize the effect that the NFT casino continues to play. Traders are still trading the way we\x92ve come to expect, as out with the old and in with the new has become the degen\x92s creed. Established projects have continued to lose value and volume, as traders favor the newest drops and the hottest trends.', 'A bright light illuminated the non-fungible tokens scene this week, but was it a near-death experience for NFTs or a beacon of hope?\nLike a moth to the flame, I’m drawn in to investigate.\nMaybe it’s liquidity freshly in traders’ hands from Blur’s new Blend lending protocol, or perhaps those sweet $PEPE and $TURBO gains are finally trickling back to NFTs, but NFTs just had their best single day of sales since mid-March.\nIt’s actually pretty simple to see what happened. The weather in NFTs has been perfect, with good news from established projects, hot tech, a bit of money in traders’ pockets from trading meme coins, and a well-timed tweet from none other than the current (and soon-to-be former) chief executive officer of Twitter, Elon Musk.\nNobody knew that Musk was preparing a rocket launch this week, but that’s exactly what happened when he tweeted a meme from theMilady\xa0Maker’sNFT community that has now been viewed over 32 million times. Sales of Milady NFTs exploded and carried the rest of the market with them to a height of US$217 million in sales volume this week.\nBinance integrated Bitcoin NFTs into their marketplace, giving Ordinals a new way to reach the masses without needing to be a technical wizard to trade them. NFTs on the OG blockchain were red hot, with a new flavor of Ordinal called BRC-20s picking up momentum. BRC-20s are Bitcoin’s version of Ethereum’s meme coins, but at their core, they’re also like an NFT collection. We’ll give a technical breakdown of these new Bitcoin Ordinals in a future edition of On Deck.\nThe Bitcoin ecosystem seems to be in “up only” mode right now, and when that will end, nobody knows. Ribbit.\nThe Pudgy Penguins project had two announcements this week that added to their feel-good story. First, they announced a new partnership with WME talent agency that brings them closer to movies, games, and other mainstream entertainment. Then the adorable crew followed that up with an announcement that they had raised US$9 million in seed funding. Not bad for a project that was circling the drain before being purchased by the marketing master Luca Schnetzler (Gel Blaster, Vibe Body Care, Cookies n Kicks).\nThe Pudgy Penguins’ NFT sales probably didn’t have much of an impact on the market, but the positive news coming in the thick of a bear market was a welcomed bright spot that just for a moment reminded us all that there is real growth happening here.\nHere’s where things get interesting, and if you are a regular reader of On Deck, you already know this re-occurring topic. TheForkast 500 NFT Indexreflects the NFT market losing over 8% this week.\nYes, high gas fees are largely to blame, but we can’t minimize the effect that the NFT casino continues to play. Traders are still trading the way we’ve come to expect, as out with the old and in with the new has become the degen’s creed. Established projects have continued to lose value and volume, as traders favor the newest drops and the hottest trends.', '• US stocks slid on Friday as traders assessed the outlook on the debt ceiling crisis and recession odds.\n• All three indexes ended lower, with the S&P 500 notching its second straight losing week.\n• Meanwhile, Fed Governor Michelle Bowman floated another possible rate hike as inflation is still high.\nUS stocks slid Friday as investors assessed the outlook on the US debt ceiling crisis. All three major indexes ended the day lower, with the S&P 500 notching its second straight losing week.\nPresident Joe Biden was scheduled to meet with other lawmakers on Friday to discuss a possible solution to the debt ceiling crisis, though talks have been postponed until next week. Congress now has just a few weeks to raise the national debt limit before the government could potentially run out of money, perTreasury Secretary Janet Yellen\'s estimate.\nFederal Reserve Governor Michelle Bowman also floated the possibility that the Fed may issue another interest rate hike to tackle high inflation, raising further fears that tighter Fed policy could spark a recession.\nThe University of Michigan consumer sentiment survey dipped to 57.7 in May, its lowest level in six months. Meanwhile, inflation expectations over the next five years rose to 3.2%, the highest level the survey recorded since 2008.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:4,124.12, down 0.16%\n• Dow Jones Industrial Average:33,300.62, down 0.03% (8.89 points)\n• Nasdaq Composite:12,284.74, down 0.35%\nHere\'s what else is going on:\n• The debt ceiling crisis is "pathetic"since government revenue is near a record high, according to top economist David Rosenberg.\n• Gold jumped ahead of stocksas Americans\' preferred long-term investment.\n• Mega-cap stocks face a bigger sell-offas a recession looms, JPMorgan warned.\n• Dollar dominance is stronger because of sanctions, not weaker, a former US Treasury official said.\n• Big banks could cover 95% of the cost to refill the $16 billion holeblown in the FDIC\'s deposit insurance fund.\n• A recession and a credit crunch could result in $1 trillionof corporate debt defaults, Bank of America warned.\n• Elon Musk stepping down as Twitter CEOmay only be partly positive for Tesla investors, Gene Munster said.\n• Margin debt used to buy stocks has plungedby $329 billion as investors de-risk their exposure to the stock market.\nIn commodities, bonds, and crypto:\n• Oil prices fell.West Texas Intermediatewas down 1% to $70.14 a barrel.Brent crude, the international benchmark, dropped 1% to $74.24 a barrel\n• Goldlost 0.16% to trade at $2,017.10 per ounce\n• The10-year Treasury yieldrose six basis points 3.46%\n• Bitcoinslipped 1.34% to $26,481\nRead the original article onBusiness Insider', 'Brendan McDermid/Reuters US stocks slid on Friday as traders assessed the outlook on the debt ceiling crisis and recession odds. All three indexes ended lower, with the S&P 500 notching its second straight losing week. Meanwhile, Fed Governor Michelle Bowman floated another possible rate hike as inflation is still high. US stocks slid Friday as investors assessed the outlook on the US debt ceiling crisis. All three major indexes ended the day lower, with the S&P 500 notching its second straight losing week. President Joe Biden was scheduled to meet with other lawmakers on Friday to discuss a possible solution to the debt ceiling crisis, though talks have been postponed until next week. Congress now has just a few weeks to raise the national debt limit before the government could potentially run out of money, per Treasury Secretary Janet Yellen\'s estimate . Federal Reserve Governor Michelle Bowman also floated the possibility that the Fed may issue another interest rate hike to tackle high **Last 60 Days of Bitcoin's Closing Prices:** [24746.07, 24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-13 **Financial & Commodity Data:** - Gold Closing Price: $2014.50 - Crude Oil Closing Price: $70.04 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $519,673,942,650 - Hash Rate: 346023367.89415514 - Transaction Count: 575640.0 - Unique Addresses: 553742.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.48 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: CoinShares International Limited 31 March 2023 | SAINT HELIER, Jersey - As announced on 30 December 2022, the Board of Directors of CoinShares International Limited (" CoinShares " or the " Company ") (Nasdaq Stockholm Market: CS; US OTCQX: CNSRF), Europe's largest and leading digital asset investment and trading group, resolved to implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 3 January 2023, up to and including 3 April 2023 for total maximum amount of SEK 25 million in accordance with the authorisation from the Annual General Meeting on 20 June 2022. The Board of Directors’ resolution to implement the share buy-back program was made after the Board's review of the Company's capital structure and was implemented for the purposes of reducing the capital of the Company. The share buy-back program is carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and the Commission Delegated Regulation (EU) No 2016/1052 (the "Safe Harbour Regulation"). The Company today announces that share buy-backs of shares in the Company (ISIN: JE00BLD8Y945) have been effected as set forth below (aggregated level): Date Number of shares acquired Lowest price paid (SEK) Highest price paid (SEK) Volume weighted average (SEK) 24 March 2023 3,200 33.40 33.95 33.82 27 March 2023 3,220 33.70 34.35 33.92 28 March 2023 3,265 30.45 35.30 31.47 29 March 2023 3,407 30.70 33.70 33.06 30 March 2023 3,470 33.40 34.80 34.12 16,562 The Company notes that the Nasdaq Stockholm Rulebook for Issuers of Shares states that “the issuer’s purchase or sale of own shares may not exceed 25% of average daily turnover on the exchange” during the 20 days preceding the date of such purchase.  The Company operates under a more conservative threshold of 15% of average daily turnover. On 29 March 2023, the Company briefly exceeded its internal threshold by 15 shares, which were then sold prior to market close in order to remain within its internal parameters. All share buy-backs have been carried out on Nasdaq Stockholm Market by the Company. Following the above repurchases, the Company's holding of own shares as of 31 March 2023 amounts to 352,481 shares. The total number of shares in CoinShares amounts to 68,135,425. For a full break-down of repurchases made, please refer to the attached announcement. About CoinShares CoinShares is Europe’s largest and leading digital asset investment and trading group, managing billions of assets on behalf of a global client base. Our mission is to expand investing into digital assets with our trusted, regulated, best-in-class product suite that provides investors with trust and transparency when accessing cryptocurrencies. We believe that Bitcoin and blockchain networks are landmark innovations that will fundamentally reshape the global financial system and the way we interact digitally, and investors should be able to participate in this transformation. CoinShares is publicly listed on the Nasdaq Stockholm under ticker CS and the OTCQX under the ticker CNSRF. CoinShares has multiple touchpoints with financial regulatory bodies around the world, including the AMF, JFSC and FINRA. Story continues For more information on CoinShares, please visit: https://coinshares.com Company | +44 (0)1534 513 100 | [email protected] Investor Relations | +44 (0)1534 513 100 | [email protected] This information is information that CoinShares International Limited is obliged to make public pursuant to the EU Market Abuse Regulation (596/2014). The information in this press release has been published through the agency of the contact persons set out above, at 08:00 GMT on Friday, 31 March 2023. Attachment 20230331 - Appendix to press release - share buy-back 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.
26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Turkey election For months he had stubbornly resisted calls to step aside and make way for Kemal Kilicdaroglu , the man seeking to become Turkey’s next president at too-close-to-call elections on Sunday 14 May. But then, on Thursday, so late in the day that ballot papers with his name on them had already been printed, Muharrem Ince suddenly backed down. “I am withdrawing from the candidacy. I am doing this for my country,” he said. But not, it transpired, of his own free will. Instead, the 59-year-old insisted, he was the victim of a smear campaign. A sex tape, he said, had been swiped from “an Israeli porn site” and doctored to make it appear as if he was involved. “This is not my private life, it’s slander. It’s not real.” But the effects of his withdrawal could be very real. Though Ince was polling only around 2 per cent ahead of the election, most of his backers are now expected to shift their support to Kilicdaroglu, who is seeking to unseat Turkey’s increasingly autocratic leader Recep Tayyip Erdogan after two decades in power. And with polls putting Kilicdaroglu on 49.3 per cent to Erdogan’s 43.7 per cent, a handful of extra votes is all the challenger needs to cross the 50 per cent threshold and avoid a run-off against an incumbent famed as a political survivor. Yet should it prove decisive, the alleged sex tape would only prove the most dramatic fakery in a campaign that has been marked by misinformation and accusations of foreign meddling – accusations that saw Kilicdaroglu, 74, denounce “montages, plots, [and] Deep Fake tapes” – referring to realistic AI-generated videos of people saying or doing things they haven’t done. Muharrem Ince has suddenly withdrawn from the Turkish presidential race - STR/EPA-EFE/Shutterstock The target of his ire was Russia, long seen as an ally of his electoral opponent Erdogan. And analysts suggest such dirty tricks from Moscow would make sense. “Russia is definitely favouring Erdogan [in the election],” says Galip Dalay at Chatham House. “They have energy and grain deals. Putin can even meet Erdogan, head of a Nato country, and so say he is not isolated and that the Nato front is not united.” Story continues Yet Erdogan subsequently suggested that his rival’s accusations of Russian interference were no more than a ruse to deflect attention from the real culprit. “One of the candidates withdrew,” he said after Ince stood down. “Of course, it is impossible to understand why. What did [Kilicdaroglu] come up with? A tape. How did he do that? All they know is tricks.” And just as Russia has reason to back Erdogan, Israel – provenance of the doctored sex tape, according to its victim – may have reason to see Turkey’s president unseated. “There has been difficulty, real bad blood between Israel and Turkey over the past decade,” says Dalay. “One can assume Israel would back the opposition.” Whatever the truth about foreign meddling, though, there is little doubt that the world is watching Turkey’s election, freighted as it is with stunning geopolitical significance. Turkey has long played what an intelligence source calls “the man in the middle” – trying to leverage its position as both a Nato member and a country with close ties to Moscow. It also has a critical role in controlling the flow of refugees into Europe and, despite Erdogan’s increasingly dictatorial instincts, remains a large Muslim democracy in a region hardly overflowing with them. With the war in Ukraine, however, the stakes have got even higher, as West and East both try to bring the world’s 11th biggest economy further into their camp. “And Turkey,” says the source, “is trying to juggle both sides.” On one hand, Ankara is blocking Sweden’s accession to Nato and buying Russian gas, but on the other, “it isn’t turning a blind eye to weapons smuggled through Turkish territorial waters. And nor has Erdogan started arguing Putin’s case in the Western camp.” Yet if the elections are vital for the world beyond Turkey’s borders, they are also critical for Turkey. The opposition claims they are a chance to restore the country’s battered economy, whose plummeting currency and soaring 40 per cent-plus inflation has created a cost of living crisis that has made many Turks dramatically poorer. Erdogan insists, however, that only he can prevent the restoration of a secular, metropolitan elite dragging the country from its cultural roots. Turkey, he says, can be powerful and prosperous without sliding inexorably Westwards. Erdogan and his wife Emine during the unveiling of the AK Party’s election manifestovvvv - Adem Altan It is a clash of civilisations viewpoint that perhaps explains why his campaign has allegedly stooped to its own video deception, playing film at a rally that appears to stitch together footage from a genuine campaign video by his rival with images of Murat Karayilan, one of the founders of the Kurdish PKK separatists , as if to suggest Kilicdaroglu was endorsed by a group regarded as terrorists by the EU and the US State Department. A German media investigation found that the clips came from two entirely separate videos and the Turkish opposition was not being endorsed by the PKK. Now accusations fly back and forth of truth-bending and image manipulation so voters cannot know if they can trust their eyes. Kilicdaroglu says Erdogan “can make negative propaganda by changing sound and images”, going so far as to suggest his rival is in league with foreign agents, presumably Russian. “We’ve learned that they’ve made agreements with some hackers from abroad and made payments in Bitcoin,” he said. This week he insisted, after directly accusing Russia, via tweet, of meddling: “I wouldn’t tweet if we didn’t have concrete evidence. We find it unacceptable for another country to intervene in Turkey’s election process in favour of a political party. I wanted the whole world to know this.” If there is a deal with Moscow, says the intelligence source, it would represent “classic Russian tactics”. The exchange goes as follows: “If we can help you win the election, if we do you a favour when you’re in power, you’re going to have to do us a favour.” Sophisticated deep fake videos and other visible elements of a disinformation campaign are useful, the source continues, because they help the outside nation behind them, such as Russia, “demonstrate proof that they helped the candidates get elected, firstly to give them leverage when they want to call in favours, and secondly, to use as blackmail if the favours aren’t returned.” Recep Tayyip Erdogan - Anadolu Agency If Turkey’s election is a live demonstration of the destructive havoc that AI and other advanced technologies can wreak on democracies, then democracies themselves can find it hard to respond in kind to such underhand meddling. To intervene in a foreign election, a British deep fake operation would require authorisation at cabinet or prime ministerial level, if it was done at all. “We have the capacity, we just don’t have the policy permissions,” says the source. In an emergency, getting those permissions would take “time and effort. These [Russian] guys can just go and do it in a couple of hours with little or no oversight.” Instead, efforts are directed at “counter disinformation”. “What we can do very quickly is expose the truth.” But in the end even that may not prove enough. “Deep fakes are very worrying,” says the source. “We’re probably already at the stage where a video could emerge of Rishi Sunak declaring war on China and you wouldn’t be able to tell if it was real.” Today, with Europe’s worst fighting in 70 years raging across the Black Sea opposite Turkish shores, such provocative fakes may change the course of elections. Soon they may start the wars themselves. Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month, then enjoy 1 year for just $9 with our US-exclusive offer.', 'Turkey election For months he had stubbornly resisted calls to step aside and make way for Kemal Kilicdaroglu , the man seeking to become Turkey’s next president at too-close-to-call elections on Sunday 14 May. But then, on Thursday, so late in the day that ballot papers with his name on them had already been printed, Muharrem Ince suddenly backed down. “I am withdrawing from the candidacy. I am doing this for my country,” he said. But not, it transpired, of his own free will. Instead, the 59-year-old insisted, he was the victim of a smear campaign. A sex tape, he said, had been swiped from “an Israeli porn site” and doctored to make it appear as if he was involved. “This is not my private life, it’s slander. It’s not real.” But the effects of his withdrawal could be very real. Though Ince was polling only around 2 per cent ahead of the election, most of his backers are now expected to shift their support to Kilicdaroglu, who is seeking to unseat Turkey’s increasingly autocratic leader Recep Tayyip Erdogan after two decades in power. And with polls putting Kilicdaroglu on 49.3 per cent to Erdogan’s 43.7 per cent, a handful of extra votes is all the challenger needs to cross the 50 per cent threshold and avoid a run-off against an incumbent famed as a political survivor. Yet should it prove decisive, the alleged sex tape would only prove the most dramatic fakery in a campaign that has been marked by misinformation and accusations of foreign meddling – accusations that saw Kilicdaroglu, 74, denounce “montages, plots, [and] Deep Fake tapes” – referring to realistic AI-generated videos of people saying or doing things they haven’t done. Muharrem Ince has suddenly withdrawn from the Turkish presidential race - STR/EPA-EFE/Shutterstock The target of his ire was Russia, long seen as an ally of his electoral opponent Erdogan. And analysts suggest such dirty tricks from Moscow would make sense. “Russia is definitely favouring Erdogan [in the election],” says Galip Dalay at Chatham House. “They have energy and grain deals. Putin can even meet **Last 60 Days of Bitcoin's Closing Prices:** [24375.96, 25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-14 **Financial & Commodity Data:** - Gold Closing Price: $2014.50 - Crude Oil Closing Price: $70.04 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $520,973,001,450 - Hash Rate: 415228041.47298616 - Transaction Count: 631677.0 - Unique Addresses: 565005.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.48 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Join the most important conversation in crypto and web3! Secure your seat today Ethereum is set for its largest upgrade since the Merge, when the most-used crypto network fully transitioned to proof-of-stake. The Shanghai upgrade, also known as Shapella, will finally enable users to unlock their staked ether (ETH) – some of which has been locked up since the “deposit contract” went live in 2020. Many predict this event could force major selling pressure on ETH. Others say this is just the impetus Ethereum needs to regain institutional interest, as unstable ETH rewards (paid to “validators” who stake their assets to secure the network) could be treated as something like Ethereum’s risk-free rate. In either case, the situation is like anything else in crypto – where it likely made sense to buy ETH weeks or months ago rather than now because many will “sell the news.” This article is excerpted from The Node, CoinDesk's daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the fullnewsletter here. Of course, time will tell. CoinDesk has published a number of explainers, guides and articles all about Shanghai and what it could mean for Ethereum going forward. Here’s a quick roundup in case you need to get up to date. Shanghai + Capella = 'Shapella': How Ethereum Devs Now Refer to Upcoming Upgrade – Margaux Nijkerk The Shanghai hard fork has been a long time coming. But so has the Capella update. If you’re confused about the nomenclature, CoinDesk tech reporter Margaux Nijkerk has you covered with this account of how both upgrades came to be and what exactly they’ll do. “Technically the Shanghai upgrade is only on the execution side of Ethereum. Capella is the simultaneous upgrade happening on the consensus side,” she writes. Also check out Nijkerk’s“What’s Next After Ethereum’s Shanghai Upgrade?”to get a sense of all the updates Ethereum developers still plan to make – including the Verge, the Purge, the Scourge and “danksharding.” Ethereum's Shanghai Upgrade Looms; Bitcoin's $30K Breakthrough – CoinDesk TV Hosts of flagship CoinDesk TV show "First Mover" discuss the basics of the Shanghai upgrade, expected to take place at 22:27 UTC (6:27 p.m. ET). Part of the conversation, as mentioned, is whether this is a moment to buy or sell the news. Later, Casa CEO Nick Neuman joins to discuss the importance of crypto self-custody. Incidentally, self-custody of ETH is at above average levels, suggesting that many holders are planning to sell their holdings for fiat on crypto exchanges. Ethereum’s Shanghai Upgrade: Here’s Our Guide to Watch Parties, Blockchain Tools – Margaux Nijkerk, Sage D. Young Given the momentous occasion, the Ethereum community plans to celebrate the Shanghai upgrade. CoinDesk tech reporters Margaux Nijkerk and Sage D. Young give a concise rundown of public watch parties as people gather around to see who will be first to unlock their staked ETH. The reporters also give an overview of the analytics tools you can use to watch the event in real time – from Etherscan to open-source Ethereum explorerbeaconcha.in. “Look out for epoch 194,048, which is when Shanghai will be triggered,” they write. Here is What Institutions Are Saying About Ethereum's Shanghai Upgrade – Will Canny “Analysts differ on the amount of ETH selling pressure that could result from theEthereum blockchain’s Shanghai upgrade, scheduled for later today,” CoinDesk’s Will Canny writes. JPMorgan, for instance, said because some 1 million in ETH staking rewards will soon be available to sell – many will. Coinbase analysts think this “mass sell-off” is overstated. And Bank of America is a bit ambivalent, though looking towards historic price action following the Merge and predicts increased trading volatility, in part due to rising exchange inflows and derivatives trading that typically follows any big announcement. Glassnode Estimates $300M Ether May be Sold After Shanghai Upgrade – Shaurya Malwa On-chain analytics firm Glassnodeestimatesthat something like 170K ETH are “intended to be sold after the Shanghai upgrade” though thinks only 100K ETH may ultimately be “withdrawn and sold.” This is based on a “50% withdrawal credential update, our segmentation of depositors, and assumptions regarding investor conviction, and profitability,” according to Glassnode. Relatedly, Amphibian Capital’s James Hodges looks at other on-chain indicators suggesting many Etherans are planning to hold rather than sell their assets (including that the vast majority of ETH holders would be selling at a loss). Hodges further claims theShanghai update will “permanently alter” ETH’s economics, and gives a sense of the “risk-free rate” claim.... - Reddit Posts (Sample): [['u/FairBlamer', 'The perfect reply to “Bitcoin has no value” (use it, spread it)', 15, '2023-05-14 00:11', 'https://www.reddit.com/r/Bitcoin/comments/13gubel/the_perfect_reply_to_bitcoin_has_no_value_use_it/', 'Anytime anyone says bitcoin doesn’t have value, here’s how I reply:\n\n>“Billions of people around the world don’t have the luxury to access dollars. For them, bitcoin is a lifeline. [Here is a letter from 21 human rights activists from 20 different countries to the US congress explaining why bitcoin helps the struggle for global freedom.](https://www.financialinclusion.tech/)”\n\n—————\n\nEffectiveness against different types of bitcoin critics:\n\n# (TYPE 1) Bigot Class\n\n*Description: Fomenting, extreme hardcore anti-bitcoiners who have aneurysms when they see or hear the word bitcoin*\n\nThese folks won’t change their mind no matter what you say. However, when they see the above, even *they* have no comeback whatsoever, so they just downvote you and don’t reply.\n\n*Result: Extremely Effective*\n\n​\n\n# (TYPE 2) Sneer Class\n\n*Description: Anti-bitcoin echo chamber cheerleaders*\n\nThese are people who enjoy social clout from sneering at bitcoin but don’t actually have a lot of experience thinking very deeply about pro- or even anti- bitcoin talking points.\n\nWhen faced with the above, they can’t think of any socially acceptable counter-sneer. So they silently read and don’t upvote or downvote, instead retreating to other topics with a newly found respect for bitcoin, even if only a mild one.\n\n*Result: Extremely Effective*\n\n​\n\n# (TYPE 3) Normie Class\n\n*Description: Never thought much about bitcoin, just regurgitate headlines and popular anti-bitcoin talking points to fit in*\n\nThis represents the vast majority of people who say bitcoin has no value. When they are confronted with such compelling evidence from respectable authorities on the subject of human rights, they often *upvote the comment* and sometimes even reply back with genuine interest, saying things like “thank you for sharing this” or “I didn’t know this about bitcoin” or “I can’t believe more people aren’t talking about this”.\n\n*Result: Extremely Effective*\n\n—————\n\n**TL;DR** \\- The above copy/paste comment succinctly and effectively dismantles anti-bitcoin critics of all kinds.\n\nUse it, spread it.', 'https://www.reddit.com/r/Bitcoin/comments/13gubel/the_perfect_reply_to_bitcoin_has_no_value_use_it/', '13gubel', [['u/BusinessBreakfast3', 12, '2023-05-14 01:45', 'https://www.reddit.com/r/Bitcoin/comments/13gubel/the_perfect_reply_to_bitcoin_has_no_value_use_it/jk24jul/', 'I usually say: send me 1 for free', '13gubel']]], ['u/AGOTFAN', '🇨🇳 Fast X first day presale still only ~20% of F9. If no significant improvement in the next 3 days & WoM is bad, then even lower than #GotGVol3 total could happen.', 66, '2023-05-14 01:12', 'https://www.reddit.com/r/boxoffice/comments/13gvri2/fast_x_first_day_presale_still_only_20_of_f9_if/', 'Source: \nhttps://twitter.com/bulletproofsqui/status/1657417600341774337?t=-BTcw_f2R6s1ybCXqy3i3g&s=19', 'https://i.imgur.com/37ReZXl.png', '13gvri2', [['u/ALHOWE6', 13, '2023-05-14 01:18', 'https://www.reddit.com/r/boxoffice/comments/13gvri2/fast_x_first_day_presale_still_only_20_of_f9_if/jk21aaw/', 'This disputes what Firefox posted which showed about a 10% increase in presales vs F9.', '13gvri2'], ['u/REQ52767', 29, '2023-05-14 01:40', 'https://www.reddit.com/r/boxoffice/comments/13gvri2/fast_x_first_day_presale_still_only_20_of_f9_if/jk23z8k/', 'As was the case for Guardians 3, this movie is screwed if it isn’t good. If it’s good, it’ll overcome and be a hit like Guardians.', '13gvri2'], ['u/Secure_Ad1628', 12, '2023-05-14 01:45', 'https://www.reddit.com/r/boxoffice/comments/13gvri2/fast_x_first_day_presale_still_only_20_of_f9_if/jk24krx/', 'This is first day only, I think Firefox posts full presales apart from OD', '13gvri2'], ['u/and_dont_blink', 13, '2023-05-14 04:56', 'https://www.reddit.com/r/boxoffice/comments/13gvri2/fast_x_first_day_presale_still_only_20_of_f9_if/jk2pwp2/', 'family fatigue', '13gvri2']]], ['u/ljapa', 'It’s absolutely amazing that there is over $1.3B in Casascius coins not redeemed', 33, '2023-05-14 05:00', 'https://www.reddit.com/r/Bitcoin/comments/13h0oyz/its_absolutely_amazing_that_there_is_over_13b_in/', 'At current pricing [the unredeemed Casascius coins are valued at over $1.3 billion dollars](https://casascius.uberbills.com/).\n\nOver 1/3 of that is in 1000 bitcoin coins and bars. \n\nI find it amazing for a number of reasons. It seems pretty clear that Mike Caldwell was legit. More value has been redeemed than hasn’t. That means redemption works. There’s also been no claims I’ve ever heard of that it didn’t work, meaning Mike didn’t keep any keys. \n\nEven a 0.1 Casascius coin represents $2600+ dollars. Unlike a hardware wallet where you can backup your seed, each coin is a single point of failure. I’d have to imagine the larger ones are in safes, but I still wonder how a plastic hologram would hold up in a fire, even in a safe. I can’t imagine owning one of the remaining 1,000 BTC coins/bars and being comfortable protecting that value. Of course, even with my DCA, I’ll never have that much net worth. \n\nIn 2011, when the coins were first produced, [bitcoin peaked at $30](https://www.sofi.com/learn/content/bitcoin-price-history/). On the one hand, I can imagine some of those early Casascius coins being lost because they weren’t worth much, but on the other hand, I can’t imagine someone buying one in 2011 who wasn’t a true believer. \n\nI’m still amazed $1.3B is locked up in unredeemed ones.', 'https://www.reddit.com/r/Bitcoin/comments/13h0oyz/its_absolutely_amazing_that_there_is_over_13b_in/', '13h0oyz', [['u/NvrIdle', 34, '2023-05-14 06:07', 'https://www.reddit.com/r/Bitcoin/comments/13h0oyz/its_absolutely_amazing_that_there_is_over_13b_in/jk2wybi/', 'The newbies here most likely don’t even know what casascious coins even are. Those were the days. Mike Caldwell was ahead of his time and got nothing but heat from the US government for creating them. He was also one of the first people to seriously mine bitcoin with GPU’s. He made multiple YouTube video’s on his mining setup back in the day and paved the way for a lot us to do the same until AICS’s came out. \n\nMike is just about as OG as they get in bitcoin, and I’ve got nothing but respect. Hats off to the guy. Thanks for everything you’ve done Mike!', '13h0oyz']]], ['u/AutoModerator', '[Daily Discussion] - Sunday, May 14, 2023', 26, '2023-05-14 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/13h1xa1/daily_discussion_sunday_may_14_2023/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡**Tip Fellow Redditors over the Lightning Network**⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\n**Other ways to interact:**\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/13h1xa1/daily_discussion_sunday_may_14_2023/', '13h1xa1', [['u/skycake21', 10, '2023-05-14 07:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/13h1xa1/daily_discussion_sunday_may_14_2023/jk332s1/', 'Sell in may and go away..\nHere comes July, set orders to buy...', '13h1xa1'], ['u/Essexal', 11, '2023-05-14 09:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/13h1xa1/daily_discussion_sunday_may_14_2023/jk3arkw/', 'Under 28 is still cheap ;-)', '13h1xa1'], ['u/viralhysteria', 11, '2023-05-14 12:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/13h1xa1/daily_discussion_sunday_may_14_2023/jk3qzby/', "it's kinda funny you're so confidently saying 25.3 is the start of the support area when I literally had to tell you why 25.3 was even support to begin with like a day ago. what if I was wrong? \n\nthere are way too many certainties in your post, focus on what's happening now. \n\nif we continue to hold 26.6-26.9 for at least another day or two there's a pretty high chance we could easily test low 28s before resuming the downtrend if we didn't bottom yesterday. We're pretty close to invalidating the downtrend as it is so unless we start picking up momentum again my bias is starting to lean neutral/cautiously optimistic.", '13h1xa1'], ['u/dopeboyrico', 18, '2023-05-14 14:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/13h1xa1/daily_discussion_sunday_may_14_2023/jk3x9y3/', 'Decision on the debt ceiling.\n\nThe House and Senate are both in session at the same time only through the 18th this week before the x date. After that the House and Senate are in session on non-overlapping days through the x date.\n\nX date is as early as June 1st. When the x date occurs, if a decision is not yet made, the government would no longer be able to pay all of their obligations on time. Treasury bonds would most likely be prioritized to avoid a technical default but Social Security, Medicare, tax refunds, and military salaries would likely end up getting delayed.\n\nCongress is going to end up raising the debt ceiling last minute but the closer we get to the x date with no decision made, the more volatile markets will be as people start to get fearful and price in the severe repercussions of not raising the debt ceiling.', '13h1xa1'], ['u/btchodler4eva', 10, '2023-05-14 16:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/13h1xa1/daily_discu... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening:\nPrices:Bitcoin was trading over $27K to recover some lost ground from its plunge last week.\nInsights:The stablecoin supply ratio drop of the past 11 days suggests a potential increase in buying power for stablecoins.\nCoinDesk Market Index (CMI)\n1,158\n+8.4▲0.7%\nBitcoin (BTC)\n$27,165\n+433.8▲1.6%\nEthereum (ETH)\n$1,820\n+23.6▲1.3%\nS&P 500\n4,124.08\n−6.5▼0.2%\nGold\n$2,020\n+5.4▲0.3%\nNikkei 225\n29,388.30\n+261.6▲0.9%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,158", "+8.4\\u25b20.7%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,165", "+433.8\\u25b21.6%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,820", "+23.6\\u25b21.3%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,124.08", "\\u22126.5\\u25bc0.2%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,020", "+5.4\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["29,388.30", "+261.6\\u25b20.9%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nHopeful Signs for BTC at $27K\nAfter seven days of plunging prices, bitcoin steadied.\nThe largest cryptocurrency by market capitalization was recently trading at about $27,165, up 1.1% over the past 24 hours and a little above where it stood when the weekend began. BTC remains down more than 10% since May 5 when it started its most recent swoon, the result of profit-taking and low liquidity against a backdrop of industry-focused and macroeconomic uncertainties.\n"Financial markets in general (are) driven by risk, by liquidity, and so, not surprising right now, when people are fearing risk assets as a whole, we\'re seeing large swaths of selling," Ryan Rasmussen, an analyst for crypto fund manager Bitwise, told CoinDesk TV\'s "First Mover" program on Friday.\n"When there\'s less liquidity, you\'re going to have larger swings in price whenever an asset (is) sold." But he added: "There will be more liquidity come into crypto."\nEther, the second largest crypto in market value, was changing hands near $1,800, down a few fractions of a percentage point and about the same level as early Saturday. Other major cryptos moved into green territory as the Asia trading week began with Litecoin recently up more than 5.7%. TheCoinDesk Market Index, a measure of the crypto market\'s performance, was up 0.8%.\nLeading Asia indexes were mixed with the Nikkei up about 0.5% but the Hang Seng down 0.2%. Rasmussen noted the declining correlation between crypto and traditional asset markets, which were mixed last week with the tech heavy Nasdaq Composite up slightly over the most recent five days but the S&P 500 and Dow Jones Industrial Average (DJIA) falling 0.2% and 1.1%, respectively.\n"Any kind of mistrust in traditional financial systems plays into the hands of crypto," Rasmussen said, adding: "I\'m happy to see the correlation fall between traditional risk assets, traditional equities and crypto."\nIn an email to CoinDesk, Joe DiPasquale, the CEO of crypto fund manager BitBull Capital, noted that the current "macroeconomic situation around the world is creating a conducive environment for crypto assets to thrive."\nThis week, DiPasquale is looking for bitcoin\'s price to hold steady in a range between $25,000 and $27,000 "before bouncing toward $30K again."\n"We don’t think the market needs a catalyst in the immediate term," he wrote. "It is only a matter of time before we see another major rally."\n[{"Asset": "Gala", "Ticker": "GALA", "Returns": "+5.3%", "DACS Sector": "Entertainment"}, {"Asset": "Terra", "Ticker": "LUNA", "Returns": "+3.7%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Cardano", "Ticker": "ADA", "Returns": "+2.4%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "Cosmos", "Ticker": "ATOM", "Returns": "\\u22120.5%", "DACS Sector": "Smart Contract Platform"}]\nWhat Does the Recent Stablecoin Supply Ratio Mean for Bitcoin?\nThe Stablecoin Supply Ratio (SSR) has declined approximately 11% over the most recent 11 days, indicating a potential increase in buying pressure for bitcoin.\nThe metric, which measures the ratio of bitcoin’s market capitalization to the market cap of stablecoins, gives insight into the supply-and-demand dynamics between stablecoins (used as a vehicle to purchase cryptocurrencies) and BTC itself.\nA higher SSR indicates that buying power is weakening, while lower values indicate that buying power is increasing.\nThe recent SSR drop follows a 52% increase between March and May 5. The pivot indicates that additional cash or liquid reserves have entered the market, and could lead to higher BTC prices.\n3:00 p.m. HKT/SGT(7:00 UTC)Eurogroup Meeting\n4:30 p.m. HKT/SGT(8:30 UTC)Bank of England Monetary Policy Report Hearings\n5:00 p.m. HKT/SGT(9:00 UTC)Eurozone Industrial Production s.a. (MoM/March)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBitcoin Touches 2-Month Low; Do Kwon Set To Be Released From Montenegro Jail\nBitcoin (BTC) continued to lose ground in the wake of CoinDesk\'s Bitcoin Trend Indicator, shedding the bullish bias for the first time in three weeks. Bitwise crypto analyst Ryan Rasmussen shared his markets analysis. Separately, Terraform Labs founder Do Kwon was set to be released from Montenegro jail on supervised bail as his trial on document forgery charges continues. Plus, Chia Network CEO and President Gene Hoffman discussed the blockchain and smart-contract platform\'s plans to go public. Wormhole Foundation head of operations Dan Reecer also joined the conversation.\nBinance Announces Exit from Canada, Citing Regulatory Tensions:The world’s largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit.\nEthereum Resumes Finalizing Blocks after Second Performance Hiccup in 24 Hours:When blocks are not being finalized, it is possible that pending transactions might be re-ordered or dropped from the network. Developers haven\'t determined the source of the hold-ups, but they are urging for calm amidst the concern and uncertainty.\nAmong Bitcoin Developers, Debate Is Raging Over Whether to Censor Ordinals BRC-20s:Despite calls for censorship, many developers agree that maintaining the status quo is the right thing to do for now.\nMakerDAO Founder Proposes Plan for Upgraded Versions of DAI Stablecoin, Governance Token:Rune Christensen also proposed to incorporate artificial intelligence-assisted processes into Maker’s governance.\nHouse Democrats Consider New Stablecoin Bill Proposal, Source:The proposal comes weeks after Republicans introduced their own discussion draft of a new bill.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin was trading over $27K to recover some lost ground from its plunge last week.\nInsights:The stablecoin supply ratio drop of the past 11 days suggests a potential increase in buying power for stablecoins.\nCoinDesk Market Index (CMI)\n1,158\n+8.4▲0.7%\nBitcoin (BTC)\n$27,165\n+433.8▲1.6%\nEthereum (ETH)\n$1,820\n+23.6▲1.3%\nS&P 500\n4,124.08\n−6.5▼0.2%\nGold\n$2,020\n+5.4▲0.3%\nNikkei 225\n29,388.30\n+261.6▲0.9%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,158", "+8.4\\u25b20.7%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,165", "+433.8\\u25b21.6%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,820", "+23.6\\u25b21.3%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,124.08", "\\u22126.5\\u25bc0.2%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,020", "+5.4\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["29,388.30", "+261.6\\u25b20.9%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nHopeful Signs for BTC at $27K\nAfter seven days of plunging prices, bitcoin steadied.\nThe largest cryptocurrency by market capitalization was recently trading at about $27,165, up 1.1% over the past 24 hours and a little above where it stood when the weekend began. BTC remains down more than 10% since May 5 when it started its most recent swoon, the result of profit-taking and low liquidity against a backdrop of industry-focused and macroeconomic uncertainties.\n"Financial markets in general (are) driven by risk, by liquidity, and so, not surprising right now, when people are fearing risk assets as a whole, we\'re seeing large swaths of selling," Ryan Rasmussen, an analyst for crypto fund manager Bitwise, told CoinDesk TV\'s "First Mover" program on Friday.\n"When there\'s less liquidity, you\'re going to have larger swings in price whenever an asset (is) sold." But he added: "There will be more liquidity come into crypto."\nEther, the second largest crypto in market value, was changing hands near $1,800, down a few fractions of a percentage point and about the same level as early Saturday. Other major cryptos moved into green territory as the Asia trading week began with Litecoin recently up more than 5.7%. TheCoinDesk Market Index, a measure of the crypto market\'s performance, was up 0.8%.\nLeading Asia indexes were mixed with the Nikkei up about 0.5% but the Hang Seng down 0.2%. Rasmussen noted the declining correlation between crypto and traditional asset markets, which were mixed last week with the tech heavy Nasdaq Composite up slightly over the most recent five days but the S&P 500 and Dow Jones Industrial Average (DJIA) falling 0.2% and 1.1%, respectively.\n"Any kind of mistrust in traditional financial systems plays into the hands of crypto," Rasmussen said, adding: "I\'m happy to see the correlation fall between traditional risk assets, traditional equities and crypto."\nIn an email to CoinDesk, Joe DiPasquale, the CEO of crypto fund manager BitBull Capital, noted that the current "macroeconomic situation around the world is creating a conducive environment for crypto assets to thrive."\nThis week, DiPasquale is looking for bitcoin\'s price to hold steady in a **Last 60 Days of Bitcoin's Closing Prices:** [25052.79, 27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-15 **Financial & Commodity Data:** - Gold Closing Price: $2018.00 - Crude Oil Closing Price: $71.11 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $533,181,080,000 - Hash Rate: 350796104.00304 - Transaction Count: 526379.0 - Unique Addresses: 579485.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.50 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The stock market is healing and trending in the right direction after a miserable 2022. But the gains this year have not been even. Some sectors, such as pharmaceuticals and retail, continue to struggle. Meanwhile, tech names are among the hottest stocks, and cryptocurrencies are red-hot as well. Knowing where to put capital to work in a market like this is important. This is especially true since the market recovery is likely to continue in fits and starts amid signs the economy is slowing. Corporate earnings are proving to be a mixed bag and more interest rate hikes are likely in the near term. The names below are among the hottest stocks and cryptos on the market right now, having significantly outperformed the broader market so far this year. InvestorPlace - Stock Market News, Stock Advice & Trading Tips AMD Advanced Mirco Devices $90.11 ETH-USD Ethereum $1,943.45 PANW Palo Alto Networks $192.27 Advanced Micro Devices (AMD) Sign of AMD office in Markham, Ontario, Canada. Advanced Micro Devices, Inc. is an American multinational semiconductor company. Source: JHVEPhoto / Shutterstock.com Semiconductor stocks are making a big comeback this year. Within the sector, Advanced Micro Devices (NASDAQ: AMD ) has been one of the best performers recently, rising 39% year to date and more than 57% over the past six months. Investor sentiment toward AMD and other semiconductor and microchip manufacturers improved as global supply chain problems eased and as artificial intelligence ( AI) has dominated headlines with the advent of large language models such as ChatGPT. It is chips designed by AMD and others that are expected to power the development of AI technology. Additionally, AMD continues to take market share from its chief rival, Intel (NASDAQ: INTC ). On Jan. 31, the company reported better-than-expected Q4 revenue and earnings. This positive print stood in sharp contrast to the nightmarish results issued by Intel that sent its shares spiraling . While AMD did warn of a 10% decline in year-over-year sales for this year’s first quarter, the company has a history of under-promising and over-delivering. Story continues Ethereum (ETH) A concept image of a virtual coin based on the Ethereum logo. Source: Filippo Ronca Cavalcanti / Shutterstock.com The entire cryptocurrency sector has been red-hot this year. However, no crypto is hotter right now than Ethereum ( ETH-USD ). Coming off its recent Shanghai hard fork , or “Shapella” upgrade, ETH ran up past $2,000 . While the token has given back some of those gains, it is still up nearly 7% so far this month and more than 60% this year. The Shanghai hard fork allows people to access the cryptocurrency more easily, and analysts have said it could potentially unlock more than $30 billion of liquidity in Ethereum. The upgrade provides more liquidity by allowing investors to withdraw their staked assets quickly and efficiently. The latest upgrade follows the “Merge,” which occurred in September and made Ethereum the most energy-efficient cryptocurrency to validate. Some ETH bulls claim that it is only a matter of time before it surpasses Bitcoin ( BTC-USD ) in price. Palo Alto Networks (PANW) Palo Alto Networks (PANW) logo on corporate building Source: Sundry Photography / Shutterstock.com Shares of cybersecurity company Palo Alto Networks (NASDAQ: PANW ) have been on a run, gaining 38% so far this year. This includes the 12.5% boost the stock got after the company reported its latest quarterly results on Feb. 21. In fact, PANW stock has been galloping ahead since the company turned profitable last year, ending more than a decade of red ink. For its most recently reported quarter , Palo Alto Networks announced earnings of $1.05 per share, which trounced analysts’ consensus forecast of 78 cents. Meanwhile, revenue rose 26% year over year to $1.7 billion. Management also issued strong guidance, saying it should achieve adjusted earnings per share of $3.97 to $4.03 for fiscal 2023. Not only does Palo Alto Networks continue to grow its customer base at a fast clip, but it is also growing through acquisitions, spending nearly $4 billion to purchase smaller cybersecurity firms. On the date of publication, Joel Baglole did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines . Joel Baglole has been a business journalist for 20 years. He spent five years as a staff reporter at The Wall Street Journal, and has also written for The Washington Post and Toronto Star newspapers, as well as financial websites such as The Motley Fool and Investopedia. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today Wall Street Titan: Here’s My #1 Stock for 2023 It doesn’t matter if you have $500 or $5 million. Do this now. The post The 3 Hottest Stocks and Cryptos on the Market appeared first on InvestorPlace .... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening: Prices: Bitcoin was stable around $27,300. Insights: Funding rates on bitcoin and ether perpetual futures, often an indication of sentiment, remain positive. Prices CoinDesk Market Index (CMI) 1,169 +12.5 ▲ 1.1% Bitcoin (BTC) $27,170 +253.1 ▲ 0.9% Ethereum (ETH) $1,817 +17.0 ▲ 0.9% S&P 500 4,136.28 +12.2 ▲ 0.3% Gold $2,020 +5.7 ▲ 0.3% Nikkei 225 29,626.34 +238.0 ▲ 0.8% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,169 +12.5 ▲ 1.1% Bitcoin (BTC) $27,170 +253.1 ▲ 0.9% Ethereum (ETH) $1,817 +17.0 ▲ 0.9% S&P 500 4,136.28 +12.2 ▲ 0.3% Gold $2,020 +5.7 ▲ 0.3% Nikkei 225 29,626.34 +238.0 ▲ 0.8% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Quiet market translates to less bullish energy Crypto markets were quiet, and prices for both bitcoin ( BTC ) and ether ( ETH ) were trading below their 20-day moving average . As CoinDesk markets analyst Glenn Williams Jr. wrote, trading volumes will be key to watch, since they could amplify or mute the sentiment behind any directional move. According to Jeff Dorman, chief investment officer at the digital-asset manager Arca, so-called bid/ask spreads – the difference between the price a buyer is willing to pay and what a seller will accept – is wide, especially after some market makers quit crypto. "The prices of most digital assets are stuck in a wind tunnel," Dorman in a newsletter. In traditional finance , stock-market action was muted as traders try to handicap the odds of whether U.S. lawmakers can agree on a plan to avoid a default by the federal government, with the Treasury\'s borrowings moving closer to the official limit. Biggest Gainers Asset Ticker Returns DACS Sector Raydium RAY +4.41% DeFi ARPA ARPA +3.25% Computing OMG Network OMG +1.76% Smart Contract Platform Biggest Losers Asset Ticker Returns DACS Sector Lido DAO LDO -10.04% DeFi The Graph GRT -9.05% Computing Liquity LQTY -8.23% DeFi Insights Funding rates remain positive in crypto markets Perpetual futures funding rates remain positive for both bitcoin and ether, a sign that sentiment in the market remains positive for the moment. Story continues Funding rates on bitcoin perpetual futures. (Glassnode) Perpetual funding rates represent payments within the futures markets between participants who are long or short the asset. When funding rates are positive, holders of long positions pay a fee to holders of short positions. When funding rates are negative, the opposite is the case. The interpretation is that funding rates can often indicate bullish or bearish sentiment, with the former represented by positive rates, and the latter represented by negative ones. For bitcoin funding rates have been positive in 8 of the most recent 10 trading days. Ether by comparison has shown positive funding rates in 7 of the most recent days, declining to zero 3 times, but not falling below zero since April 6. Important events. 10:00 a.m. HKT/SGT(2:00 UTC) China Retail Sales (YoY/April) 2:00 p.m. HKT/SGT(6:00 UTC) United Kingdom Claimant Count Change (April) 8:30 p.m. HKT/SGT(12:30 UTC) Bank of Canada Consumer Price Index Core (YoY/April) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Bitcoin Bounces Back Above $27K; Binance Plans Exit From Canada Bitcoin (BTC) was trading over $27,000, recovering some lost ground after its plunge last week. This came as crypto exchange Binance announced that it would cease operations in Canada, citing the challenging regulatory environment. Dunleavy Investment Research crypto strategist Tom Dunleavy shared his markets analysis. Separately, EY Global blockchain leader Paul Brody discussed the professional services giant starting an Ethereum-based platform for enterprises to track their carbon emissions and carbon credit traceability. Christoph Jentzsch, corpus.ventures CEO and Slock.it founder, also joined the conversation. Headlines Weekly DEX Volume on BNB Chain Hits Highest in a Year : Lower fees and Binance’s popularity are among the reasons noted by market analysts. Bitcoin Rewards Company Fold Expands to El Salvador, Brushing Off Jump in On-chain Fees : The firm says El Salvador will serve as its base for operations in Latin America. Polygon Co-Founder Launches Web3 Fellowship Program : Sandeep Nailwal will invest $500,000 of his personal capital on a new cohort each year. South Korea Probes Crypto Exchanges Upbit, Bithumb on Ex-Lawmaker\'s Transfers : Lawmaker Kim Nam-kuk resigned from the main opposition party after his crypto transfers incited controversy. Bankrupt Crypto Lender Celsius Transfers $75M of Ether to Staking Service Figment : The maneuver represents one of the largest transfers of funds for Celsius Network since it filed for bankruptcy protection in July.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin was stable around $27,300.\nInsights:Funding rates on bitcoin and ether perpetual futures, often an indication of sentiment, remain positive.\nCoinDesk Market Index (CMI)\n1,169\n+12.5▲1.1%\nBitcoin (BTC)\n$27,170\n+253.1▲0.9%\nEthereum (ETH)\n$1,817\n+17.0▲0.9%\nS&P 500\n4,136.28\n+12.2▲0.3%\nGold\n$2,020\n+5.7▲0.3%\nNikkei 225\n29,626.34\n+238.0▲0.8%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,169", "+12.5\\u25b21.1%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,170", "+253.1\\u25b20.9%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,817", "+17.0\\u25b20.9%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,136.28", "+12.2\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,020", "+5.7\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["29,626.34", "+238.0\\u25b20.8%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nQuiet market translates to less bullish energy\nCrypto markets were quiet, and prices for both bitcoin (BTC) and ether (ETH) weretrading below their 20-day moving average.\nAs CoinDesk markets analyst Glenn Williams Jr. wrote, trading volumes will be key to watch, since they could amplify or mute the sentiment behind any directional move.\nAccording to Jeff Dorman, chief investment officer at the digital-asset manager Arca, so-called bid/ask spreads – the difference between the price a buyer is willing to pay and what a seller will accept – is wide, especially after somemarket makers quit crypto.\n"The prices of most digital assets are stuck in a wind tunnel," Dorman in a newsletter.\nIntraditional finance, stock-market action was muted as traders try to handicap the odds of whether U.S. lawmakers can agree on a plan to avoid a default by the federal government, with the Treasury\'s borrowings moving closer to the official limit.\n[{"Asset": "Raydium", "Ticker": "RAY", "Returns": "+4.41%", "DACS Sector": "DeFi"}, {"Asset": "ARPA", "Ticker": "ARPA", "Returns": "+3.25%", "DACS Sector": "Computing"}, {"Asset": "OMG Network", "Ticker": "OMG", "Returns": "+1.76%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "Lido DAO", "Ticker": "LDO", "Returns": "-10.04%", "DACS Sector": "DeFi"}, {"Asset": "The Graph", "Ticker": "GRT", "Returns": "-9.05%", "DACS Sector": "Computing"}, {"Asset": "Liquity", "Ticker": "LQTY", "Returns": "-8.23%", "DACS Sector": "DeFi"}]\nFunding rates remain positive in crypto markets\nPerpetual futures funding rates remain positive for both bitcoin and ether, a sign that sentiment in the market remains positive for the moment.\nPerpetual funding rates represent payments within the futures markets between participants who are long or short the asset. When funding rates are positive, holders of long positions pay a fee to holders of short positions. When funding rates are negative, the opposite is the case.\nThe interpretation is that funding rates can often indicate bullish or bearish sentiment, with the former represented by positive rates, and the latter represented by negative ones.\nFor bitcoin funding rates have been positive in 8 of the most recent 10 trading days. Ether by comparison has shown positive funding rates in 7 of the most recent days, declining to zero 3 times, but not falling below zero since April 6.\n10:00 a.m. HKT/SGT(2:00 UTC)China Retail Sales (YoY/April)\n2:00 p.m. HKT/SGT(6:00 UTC)United Kingdom Claimant Count Change (April)\n8:30 p.m. HKT/SGT(12:30 UTC)Bank of Canada Consumer Price Index Core (YoY/April)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBitcoin Bounces Back Above $27K; Binance Plans Exit From Canada\nBitcoin (BTC) was trading over $27,000, recovering some lost ground after its plunge last week. This came as crypto exchange Binance announced that it would cease operations in Canada, citing the challenging regulatory environment. Dunleavy Investment Research crypto strategist Tom Dunleavy shared his markets analysis. Separately, EY Global blockchain leader Paul Brody discussed the professional services giant starting an Ethereum-based platform for enterprises to track their carbon emissions and carbon credit traceability. Christoph Jentzsch,corpus.venturesCEO andSlock.itfounder, also joined the conversation.\nWeekly DEX Volume on BNB Chain Hits Highest in a Year:Lower fees and Binance’s popularity are among the reasons noted by market analysts.\nBitcoin Rewards Company Fold Expands to El Salvador, Brushing Off Jump in On-chain Fees:The firm says El Salvador will serve as its base for operations in Latin America.\nPolygon Co-Founder Launches Web3 Fellowship Program:Sandeep Nailwal will invest $500,000 of his personal capital on a new cohort each year.\nSouth Korea Probes Crypto Exchanges Upbit, Bithumb on Ex-Lawmaker\'s Transfers:Lawmaker Kim Nam-kuk resigned from the main opposition party after his crypto transfers incited controversy.\nBankrupt Crypto Lender Celsius Transfers $75M of Ether to Staking Service Figment:The maneuver represents one of the largest tr **Last 60 Days of Bitcoin's Closing Prices:** [27423.93, 26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-16 **Financial & Commodity Data:** - Gold Closing Price: $1988.40 - Crude Oil Closing Price: $70.86 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $522,720,148,425 - Hash Rate: 365114312.3296948 - Transaction Count: 566462.0 - Unique Addresses: 625496.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.54 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Corrects typo in paragraph 28, commercial not commerical) * World stocks up 6% after rollercoaster few months * Bond markets see huge swings between hope and fear * Banking turmoil evokes memory of crises past * Dollar slips whereas bitcoin roars back to form By Marc Jones LONDON, March 31 (Reuters) - From a red-hot January as China cast off COVID curbs to February's flop when interest rates surged and now a manic March of banking blow-ups - financial markets have had an action-packed start to the year even by recent standards. Totting up the first quarter scores shows world stocks with a healthy 6% gain, government bonds up 3%-5%, gold 8% higher, energy prices sliding and the dollar barely budged. Dig deeper though and the volatility soon emerges. Global shares zoomed up 10% in January only to lose it all by the time Silicon Valley Bank, a mid-sized U.S. lender few had even heard of, collapsed and then the 167-year-old Swiss behemoth Credit Suisse required rescuing. Equities are bouncing though now and U.S. and European government bond yields - the main drivers of global borrowing costs - are set for their biggest monthly drop since the global crash of 2008. "Within three months you have had three completely different stories," BofA analyst, David Hauner, said of the year so far. "January was an extremely strong start with China's reopening, but February we were back to pricing 6% Fed interest rates and the next thing has been the problems in the banking system." A key reason why asset prices have swung around so much is that market makers are unsure how big central banks will react now. Push on with rate hikes and tempt further banking sector troubles? Or press pause and risk more inflation? Two-year Treasury yields, which are highly sensitive to U.S. Federal Reserve moves, jumped from 4% to 5% in February, only to dive back to 3.5% when the SVB turmoil redrew the entire U.S. interest rate map. That hoisted U.S. bond volatility to its highest point since the 2008 meltdown. Europe too saw 2-year German yields arc from 2.5% to almost 3.5% and back, while changes at Japan's central bank have also been moving the dial. 'Big Tech' stocks crave low borrowing costs so they have roared up by a third. The Nasdaq is up 18%, China tech 22%, emerging market countries have sold record amounts of debt and commodity markets see recessions coming. "All the action has been in the bond markets," said SEB Investment Management's global head of asset allocation Hans Peterson, explaining the shifts had been hard to navigate. "The equity market has done impressively well considering." COCO POP The dollar's 1% dip is its weakest start to a year since 2018 and allowed Britain's pound and the euro to climb around 1.5%. Worldwide, Chile, Mexico, Hungary and Colombia's currencies have jumped the most - as much as 8% in Chile's case as its main export, copper, has also risen 7% as resource-hungry China has reopened and rebooted. Top of stocks in national terms is the Czech Republic with a 30% rise in dollar terms. Colombia is down 16% at the other end of the spectrum and India is down 8% having seen one of its biggest conglomerates, Adani, skewed by short sellers. Bitcoin beats the lot having surged 70%, including 40% in just 10 days during this month's SVB and Credit Suisse chaos. Banking sector woes have been kryptonite for financial stocks, however, as well as the risky breed of 'contingent convertible' (CoCo) bank bonds wiped out during Credit Suisse's rescue. The scare factor was that the bank's shareholders got some of their money back, which turned the normal hierarchy of bondholders before shareholders on its head and shattered trust in the specific 'AT1' type of CoCos that went pop. Other European banking authorities were so spooked they gave reassurances that they wouldn't do the same. CoCo debt is still down 15% however and insuring against a bank default now costs a lot more. "For the banks it was the most nervous situation we have seen for a while," SEB's Peterson said. DIRECTIONLESS A 42% drop in Europe's natural gas prices, a 9% fall in oil and 12% and 4% respective tumbles in wheat and corn have fed hopes of lower inflation despite the unrelenting war between producers Russia and Ukraine. Since late 2021, big developed economies including the United States, Europe and Australia have raised interest rates by almost 3,300 basis points collectively. So whether that surge halts this year remains pivotal for investors. It is crucial for many of the heavily-indebted developing world countries. Ghana has joined a record number of sovereigns in default this year and concerns are growing elsewhere too, including in U.S. commercial real estate markets. "A lot of people have been looking for direction where there hasn't really been any," Willem Sels, Global Chief Investment Officer at HSBC's Private Banking and Wealth arm said of the flip-flopping in both equity and bond prices. "It could well be that we are in a directionless but volatile market for the next quarter or two," he said, pinning Q3 or Q4 as the best hope for a sustained pick-up. (Reporting by Marc Jones; Editing by Christina Fincher)... - Reddit Posts (Sample): [['u/tenthousandbottles', "Why aren't people screaming about the 250k unconfirmed BTC transactions and high fees?", 28, '2023-05-16 00:31', 'https://www.reddit.com/r/btc/comments/13imtsf/why_arent_people_screaming_about_the_250k/', "Also, [https://twitter.com/udiWertheimer/status/1657085665148821506](https://twitter.com/udiWertheimer/status/1657085665148821506)\n\nThis Udi guy won't deny that Craig Wright is paying him to spam BRC-20 transactions?", 'https://www.reddit.com/r/btc/comments/13imtsf/why_arent_people_screaming_about_the_250k/', '13imtsf', [['u/ShadowOfHarbringer', 19, '2023-05-16 01:10', 'https://www.reddit.com/r/btc/comments/13imtsf/why_arent_people_screaming_about_the_250k/jkaq6dn/', 'They have been screaming in this subreddit for 6 years now.\n\nYou must be new here.', '13imtsf'], ['u/Pablo_Picasho', 24, '2023-05-16 01:58', 'https://www.reddit.com/r/btc/comments/13imtsf/why_arent_people_screaming_about_the_250k/jkawgwv/', 'So few real users left\n\nRest are hodlers who will only wake up when they have to make a real transaction', '13imtsf'], ['u/ShadowOrson', 15, '2023-05-16 04:54', 'https://www.reddit.com/r/btc/comments/13imtsf/why_arent_people_screaming_about_the_250k/jkbj5jr/', 'Where, exactly, are they allowed to scream about them?', '13imtsf'], ['u/emergent_reasons', 10, '2023-05-16 06:45', 'https://www.reddit.com/r/btc/comments/13imtsf/why_arent_people_screaming_about_the_250k/jkbueqb/', 'A user who needs to pay attention or risk their stash becoming frozen and/or worthless.', '13imtsf']]], ['u/Bilbo_Butthole', 'GameStop: The Catastrophic Catalyst of Hyperinflation, Redeemed by the Rise of Decentralized Currency', 385, '2023-05-16 02:32', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/', "Little thesis I’m working on. Please be fully transparent and honest in your feedback. Thanks!\n\nAbstract:\nThis thesis explores the dire consequences that the GameStop phenomenon will have on the global economy, specifically the triggering of hyperinflation. However, amid this impending disaster, a savior emerges in the form of decentralized currency. This revolutionary monetary system will single-handedly rescue humanity from the brink of financial ruin and lead us towards a new era of prosperity.\n\nChapter 1: Introduction\n\n1.1 Background and Significance\nThe meteoric rise of GameStop, fueled by speculative retail investors, is a ticking time bomb that threatens to destabilize the global economy. This thesis examines the unfolding catastrophe and highlights the pivotal role of decentralized currency in averting complete financial collapse.\n\nChapter 2: GameStop: The Inflated Bubble\n\n2.1 Manipulation and Irrational Exuberance\nThe GameStop frenzy witnessed an unparalleled level of market manipulation, driven by a small group of renegade investors who artificially inflated the stock's value. This irrational exuberance created a volatile bubble primed for implosion, bringing about catastrophic economic repercussions. \n\n2.2 Systemic Contagion\nThe impending burst of the GameStop bubble will unleash a domino effect throughout the financial system. This contagion will spread like wildfire, destabilizing banks, investment firms, and eventually entire economies. The aftermath will be a harrowing era of hyperinflation.\n\nChapter 3: The Hyperinflation Nightmare\n\n3.1 The GameStop Catalyst\nGameStop's collapse will have a cascading effect on the stock market, triggering a devastating chain reaction that leads to hyperinflation. The sudden devaluation of stocks and assets will erode confidence in traditional fiat currencies, sending inflation spiraling out of control.\n\n3.2 The Fiat Currency Plague\nCentral banks, reliant on archaic fiat currencies, will be ill-prepared to handle the hyperinflation crisis. Governments will frantically print money, flooding the markets with worthless paper currency, further exacerbating the inflationary spiral. Society will plunge into chaos as citizens struggle to afford basic necessities, leading to widespread economic collapse.\n\nChapter 4: The Rise of Decentralized Currency\n\n4.1 The Blockchain Revolution\nDecentralized currencies, such as Bitcoin and other cryptocurrencies, will emerge as the ultimate panacea for the hyperinflation crisis. By eliminating the control of central banks and governments, these digital currencies restore power to the people and foster true financial freedom. \n\n4.2 The Inflation Hedge\nDecentralized currencies, with their limited supply and built-in mechanisms to prevent inflation, will provide a safe haven for individuals seeking protection from the impending hyperinflation catastrophe. As fiat currencies crumble, decentralized currencies will skyrocket, ensuring the preservation of wealth and offering a lifeline to those who have embraced this transformative monetary system.\n\nChapter 5: Conclusion\n\nIn conclusion, the GameStop phenomenon serves as a harbinger of hyperinflation that will ravage the global economy. However, salvation lies in the rise of decentralized currencies, offering an escape from the clutches of central banks and government control. By embracing these digital assets, individuals can shield themselves from financial ruin and pave the way for a prosperous future.\n\nWill expand on this if there is interest!", 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/', '13ips63', [['u/treZissou', 48, '2023-05-16 02:37', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkb1lmf/', 'I think I need to DRS more shares.', '13ips63'], ['u/ISayBullish', 141, '2023-05-16 02:38', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkb1unq/', 'More speculation than DD at this point IMO, however if you expand more on the topics at length with sources it could be considered DD\n\nThesis makes sense though\n\n“We will watch your career with great interest” - Shiv Palpatine\n\nBullish', '13ips63'], ['u/CookShack67', 61, '2023-05-16 03:00', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkb4qsz/', 'Greetings fellow kids', '13ips63'], ['u/Octopus_vagina', 40, '2023-05-16 03:33', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkb917x/', 'This post and all the posts Comments claiming it’s genius scream “agenda”', '13ips63'], ['u/Octopus_vagina', 22, '2023-05-16 03:40', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkb9yy8/', 'It’s not really DD. It’s big time speculation.\n\nI welcome DD - like the heat lamp DD', '13ips63'], ['u/ChanThe4th', 25, '2023-05-16 03:47', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkbasuq/', "It's -literally- not DD. It's a hype piece using keywords to sound edgy and make retail look like fools that collapsed something, when in reality this is a direct result of Market Makers and Banks using swaps/derivatives to hide insanely leveraged positions.\n\nIt's shill bait.", '13ips63'], ['u/vasDcrakGaming', 144, '2023-05-16 03:48', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkbaynb/', '1.1 is such fucking bullshit dont pin that on gamestop. Its because of the naked short selling. Not retail. Its the hesgies', '13ips63'], ['u/allaskew123', 47, '2023-05-16 04:00', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkbcjb7/', 'Wtf is this bullshit??!! All these comment upvotes from unrecognizable names?? I’m in the goddamn twilight zone. This sounds like those “Jesus told me to sell at $40”. My downvote finger is getting sore.', '13ips63'], ['u/Defago', 32, '2023-05-16 04:06', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkbd7k3/', 'This is some bullshit.', '13ips63'], ['u/I-Love-Game-Stop', 10, '2023-05-16 04:40', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkbhku5/', 'He makes it sound like all the investors are going to lose their ass in a bubble WTF', '13ips63'], ['u/Stonkerrific', 32, '2023-05-16 04:54', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkbj6p6/', 'This reads very oddly. Subtle FUD.', '13ips63'], ['u/UncleNuks', 36, '2023-05-16 05:00', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkbjvgp/', 'Not a single mention of quantitative easing and money printing, derivatives, leverage, deregulation, sovereign debt/bonds, abusive and illegal naked short selling…but yet you want to talk about hyperinflation and systemic collapse? No mention of BRICS or de-dollarization or the fractional reserve banking system?\n\nThis reads like GameStop will be the cause of the fall which couldn’t be further from the truth. I think you need to read some more DD and get back to the drawing board.\n\nYou also mention “irrational exuberance” of investors so I would like to remind you of this wonderful quote from Forbes, March 2021: “The GME event is in fact the result of a process that is hyper-rational. It is based on highly accurate calculations of specific outcomes which possess a much higher degree of certainty than is the case for normal investment decisions. There is no "madness of crowds" here.”\n\nIt’s not “irrational” like you say, it is, in fact, “hyper-rational”.', '13ips63'], ['u/RBradyFrost', 80, '2023-05-16 05:31', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkbn950/', 'Yeah, no. This is crap. Investors buying and holding legitimate shares of any company don’t hyper inflate the value of said company. That’s price discovery. It’s called supply and demand, and value is established when the market supply meets current demand. If the price is too high, d... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin prices fell on Wednesday morning in Asia but remained above the US$27,000 line. Ether gained but still posted a weekly drop. XRP led gainers among other top 10 non-stablecoin cryptocurrencies on the back of a favorable ruling for Ripple Labs in its lawsuit with the Securities and Exchange Commission (SEC). U.S. equity futures gained as U.S. President Joe Biden and Congress reportedly made progress on raising the debt ceiling. See related article: EU\x92s MiCA gets unanimous nod from European Council Ripple gains after positive ruling Bitcoin fell 0.87% to US$27,036.75 in the 24 hours to 7:35 a.m. in Hong Kong, but lost 2.05% over the last seven days according to CoinMarketCap data. Ether edged up 0.28% to US$1,825.91, while posting a 1.10% weekly loss. Other top 10 non-stablecoin cryptocurrencies traded mixed on Wednesday morning. XRP led the gains, adding 2.68% to US$0.4399. The gain follows positive news for Ripple Labs, a payments firm that depends on XRP technology, as Judge Analisa Torres for the U.S. District Court for the Southern District of New York denied the SEC\x92s motion to seal the controversial Hinman Speech documents from the public. The document refers to a speech given by former SEC official William Hinman on June 14, 2018. In the speech, Hinman stated that the agency did not view Bitcoin or Ethereum as securities. This statement is a major point of focus in the long-running legal battle between Ripple and the SEC. The regulator accuses Ripple of providing unregistered securities. Meanwhile, Polygon\x92s Matic led losses among the top 10 non-stablecoins. It registered a loss of 2.21% to US$0.8442, with a 3.56% drop over the past seven days. The total crypto market capitalization fell 0.93% in the past 24 hours to US$1.13 trillion. The total trading volume also lost 7% to US$28.74 billion. Bitcoin to challenge Ethereum\x92s NFT supremacy? The indexes are proxy measures of the performance of the global NFT market. They are managed by CryptoSlam , a sister company of Forkast.News under the Forkast.Labs umbrella. In the non-fungible token market, the Forkast 500 NFT index recorded a loss of 0.13% to 3,378.53 points in the 24 hours to 7:30 a.m. in Hong Kong, down 2.32% during the week. Story continues This, said CryptoSlam NFT analyst Yehudah Petscher, can again be attributed to \x93low volume and high transacting fees from crypto trading.\x94 24-hour NFT sales on Ethereum, the leading blockchain for NFTs, rose 2.16% to US$18.6 million. Sales on the Bitcoin blockchain took second place on Cryptoslam\x92s blockchain ranking by gaining 32.11% to US$4.6 million. \x93Bitcoin NFTs are just getting started and in the long run, I expect Bitcoin to compete head-to-head with Ethereum\x92s all-time sales. It may actually exceed them too,\x94 Yehudah said. The Bored Ape Yacht Club NFT collection recorded the highest sales volume in the last 24 hours. It rose 8% to US$2.48 million. All 24 highest individual NFT sales in the past day were Bored Ape Yacht Club NFTs according to Cryptoslam. BAYC #466 sold for 98 ETH (US$178,751). Milady Maker was second in terms of NFT collection rankings by sales volume on Cryptoslam. It recorded a surge of 207.61% over the past 24 hours to US$1.3 million. The collection took the market by storm last week after Twitter and Tesla chief Elon Musk tweeted an image containing the Milady NFT. pic.twitter.com/4s6HwnCY74 \x97 Elon Musk (@elonmusk) May 10, 2023 Traders can expect a slow week ahead in the NFT market as many in the NFT community attend the VeeCon Web3 conference in Indianapolis on May 18-20. \x93Those who believe NFTs can function as access passes, art, and collectibles all in one are in for a treat,\x94 said Cryptoslam\x92s Yehudah. \x93I\x92m expecting markets to be slow while many are off networking, but we also know that degens are going to degen.\x94 U.S. stock futures gain after positive debt ceiling talks Kevin McCarthy, Speaker of the U.S. House of Representatives | Image: Getty Images U.S. stock futures traded higher as of 9:30 a.m. in Hong Kong, while the Dow Jones Industrial Average futures rose 0.15%. The S&P 500 futures added 0.19%. The Nasdaq Composite futures also gained 0.24% as investors anticipate a solution to the U.S. debt crisis. U.S. President Joe Biden met with leaders of Congress Tuesday to hash out an agreement that would allow a rise in the debt ceiling.. On May 1, U.S. Treasury Secretary Janet Yellen warned Congress that the country will start to fail to meet debt payment obligations as early as June 1. That would result in a debt default and wider economic repercussions in the U.S. and globally. After the one-hour talk at the White House Tuesday, Biden told reporters that the discussion was productive. House Representative Kevin McCarthy appeared to agree. He said it is possible to reach an agreement on raising the debt ceiling by the end of this week. Yellen warned again Tuesday that a debt default would result in an income shock that could lead to a recession. This would destroy jobs and businesses in the country, she said. The Treasury leader called for faster action on raising the debt ceiling. She added that the country is already seeing a heavier debt burden as the stalemate drives borrowing costs higher. The Dow Jones, S&P 500 and Nasdaq Composite each posted losses during regular trading on Tuesday following earnings report releases earlier in the day. Major retailer Home Depot\x92s revenue dropped 4.2% year on year in the first quarter. Company executives warned investors it may see its first annual sales decline since 2009. Investors now await more earnings reports from Tencent Holdings, Cisco Inc., Siemens AG, Target Corp. and more on Wednesday. Federal Reserve Chair Jerome Powell is expected to share his views on interest hikes Friday ahead of the Fed\x92s next interest rate decision on June 14. The rate of between 5 and 5.25% is the highest since 2006. The CME FedWatch Tool predicts a 77.5% chance the Fed will keep rates unchanged in June. However, it also predicts a 22.5% chance for another 25 basis-point rate hike.', 'Bitcoin prices fell on Wednesday morning in Asia but remained above the US$27,000 line. Ether gained but still posted a weekly drop. XRP led gainers among other top 10 non-stablecoin cryptocurrencies on the back of a favorable ruling for Ripple Labs in its lawsuit with the Securities and Exchange Commission (SEC). U.S. equity futures gained as U.S. President Joe Biden and Congress reportedly made progress on raising the debt ceiling.\nSee related article:EU’s MiCA gets unanimous nod from European Council\nBitcoin fell 0.87% to US$27,036.75 in the 24 hours to 7:35 a.m. in Hong Kong, but lost 2.05% over the last seven days according to CoinMarketCap data.\nEther edged up 0.28% to US$1,825.91, while posting a 1.10% weekly loss.\nOther top 10 non-stablecoin cryptocurrencies traded mixed on Wednesday morning. XRP led the gains, adding 2.68% to US$0.4399.\nThe gain follows positive news for Ripple Labs, a payments firm that depends on XRP technology, as Judge Analisa Torres for the U.S. District Court for the Southern District of New Yorkdeniedthe SEC’s motion to seal the controversial Hinman Speech documents from the public.\nThe document refers to a speech given by former SEC official William Hinman on June 14, 2018. In the speech, Hinman stated that the agency did not view Bitcoin or Ethereum as securities. This statement is a major point of focus in the long-running legal battle between Ripple and the SEC. The regulator accuses Ripple of providing unregistered securities.\nMeanwhile, Polygon’s Matic led losses among the top 10 non-stablecoins. It registered a loss of 2.21% to US$0.8442, with a 3.56% drop over the past seven days.\nThe total crypto market capitalization fell 0.93% in the past 24 hours to US$1.13 trillion. The total trading volume also lost 7% to US$28.74 billion.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token market, the Forkast 500 NFT index recorded a loss of 0.13% to 3,378.53 points in the 24 hours to 7:30 a.m. in Hong Kong, down 2.32% during the week.\nThis, said CryptoSlam NFT analyst Yehudah Petscher, can again be attributed to “low volume and high transacting fees from crypto trading.”\n24-hour NFT sales on Ethereum, the leading blockchain for NFTs, rose 2.16% to US$18.6 million. Sales on the Bitcoin blockchain took second place on Cryptoslam’s blockchainrankingby gaining 32.11% to US$4.6 million.\n“Bitcoin NFTs are just getting started and in the long run, I expect Bitcoin to compete head-to-head with Ethereum’s all-time sales. It may actually exceed them too,” Yehudah said.\nThe Bored Ape Yacht Club NFT collection recorded the highest sales volume in the last 24 hours. It rose 8% to US$2.48 million. All 24 highest individual NFT sales in the past day were Bored Ape Yacht Club NFTs according to Cryptoslam. BAYC #466 sold for 98 ETH (US$178,751).\nMilady Maker was second in terms of NFT collection rankings by sales volume on Cryptoslam. It recorded a surge of 207.61% over the past 24 hours to US$1.3 million. The collection took the market by storm last week after Twitter and Tesla chiefElon Musktweeted an image containing the Milady NFT.\nTraders can expect a slow week ahead in the NFT market as many in the NFT community attend the VeeCon Web3 conference in Indianapolis on May 18-20.\n“Those who believe NFTs can function as access passes, art, and collectibles all in one are in for a treat,” said Cryptoslam’s Yehudah. “I’m expecting markets to be slow while many are off networking, but we also know that degens are going to degen.”\nU.S. stock futures traded higher as of 9:30 a.m. in Hong Kong, while the Dow Jones Industrial Average futures rose 0.15%. The S&P 500 futures added 0.19%. The Nasdaq Composite futures also gained 0.24% a **Last 60 Days of Bitcoin's Closing Prices:** [26965.88, 28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-17 **Financial & Commodity Data:** - Gold Closing Price: $1980.70 - Crude Oil Closing Price: $72.83 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $520,977,854,800 - Hash Rate: 381818888.7107919 - Transaction Count: 583454.0 - Unique Addresses: 627113.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.50 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Listen to the CoinMarketRecap podcast onApple Podcasts,SpotifyandGoogle Podcasts When South Park starts mocking you, something has gone badly wrong. And that's exactly what happened to Hollywood A-lister Matt Damon after he started appearing in adverts for Crypto.com. The exchange's chosen slogan — "fortune favors the brave" — was criticized for comparing a Bitcoin investment to visiting Mars. Damon was recently asked about why he decided to lend his face to the campaign, especially considering other celebrities have been badly burned by their endorsements to rival exchanges. And according to the actor, the explanation is a very wholesome one. Speaking to the Associated Press at the premiere for Air — and looking a little uncomfortable while doing so — Damon explained that he was motivated by the fact that Water.org, the not-for-profit he founded, was having a bad year. He added: "I gave my whole salary to Water.org because we were down — and Crypto.com heard about that and they gave $1 million to Water.org. Completely, just on their own. So I definitely have a lot of gratitude to them and for what they did for our foundation." Water.org aims to bring clean water and sanitation to the world — and the charity says that 771 million people globally currently lack access to a safe supply in their home. What's more, 1.7 billion don't have access to a toilet. It does make you wonder how many other celebrities have used the cash they've received from crypto ads for good causes.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening: Prices: Unfazed by U.S. debt ceiling talks, bitcoin and ether hold steady while Tether and Circle are diversifying reserves to mitigate dollar risks. Insights: A federal judge denied the SEC\'s bid to conceal documents related to Hinman\'s 2018 ether speech, possibly shedding light on the rationale behind this pivotal announcement amidst Ripple\'s lawsuit. Now, for the sake of the industry, show us the emails. Prices CoinDesk Market Index (CMI) 1,177 +12.6 ▲ 1.1% Bitcoin (BTC) $27,403 +363.6 ▲ 1.3% Ethereum (ETH) $1,822 −2.2 ▼ 0.1% S&P 500 4,158.77 +48.9 ▲ 1.2% Gold $1,986 −2.4 ▼ 0.1% Nikkei 225 30,093.59 +250.6 ▲ 0.8% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,177 +12.6 ▲ 1.1% Bitcoin (BTC) $27,403 +363.6 ▲ 1.3% Ethereum (ETH) $1,822 −2.2 ▼ 0.1% S&P 500 4,158.77 +48.9 ▲ 1.2% Gold $1,986 −2.4 ▼ 0.1% Nikkei 225 30,093.59 +250.6 ▲ 0.8% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Crypto Continues to Shrug Off Looming Debt Ceiling, Despite Tether and USDC Diversifying into Bitcoin Good morning Asia. Bitcoin and ether stand unwavering, shrugging off the potential turbulence from the U.S. debt ceiling negotiations and its ripple effects on crypto. Bitcoin is opening the Asia trading day up 1.3% to $27,403, while ether is down 0.1% to $1,822. In the U.S., debt ceiling negotiations continue, with President Biden declaring that the country will not default on its debt. On one hand, crypto doesn’t seem to care. With liquidity as tight as it is , it takes a lot to move markets. And this just isn’t it. But on the other hand, crypto does seem to care. Tether announced Wednesday U.S. Time that it\'s diversifying its reserves away from government debt and into crypto as it pledged to use around 15% of its profits to buy Bitcoin for its stablecoin reserves. Almost in parallel , Circle said that it is diversifying the reserves supporting its $30 billion USD Coin (USDC), including $8.7 billion in overnight repurchase agreements managed by BlackRock, to fortify against potential U.S. government debt default risks. Story continues Diversification into bitcoin away from the dollar? It’s a maxi’s dream! But bitcoin just isn’t moving on the news. As the clock moves closer to the debt ceiling deadline, we’ll see if any of this actually moves the needle on crypto. Biggest Gainers Asset Ticker Returns DACS Sector Decentraland MANA +5.4% Entertainment Polygon MATIC +5.0% Smart Contract Platform Dogecoin DOGE +3.0% Currency Biggest Losers Asset Ticker Returns DACS Sector Ethereum ETH −0.1% Smart Contract Platform Insights Let’s See the Hinman Emails A federal judge has ruled that the U.S. Securities and Exchange Commission (SEC) cannot seal documents related to former official William Hinman\'s 2018 speech on crypto and securities in its lawsuit against Ripple. This is great because it might finally lead to answers to a question that has gone nagging for years. In 2018, William Hinman, who was serving as the director of corporation finance at the SEC at the time, made a game-changing announcement for the crypto world during a speech at the Yahoo Markets Summit: Ether is not considered a security. But how did he come to this conclusion? Any speech made by a senior official is heavily shopped around, with plenty of stakeholders giving their opinions. CoinDesk tried to get the Hinman emails via a Freedom of Information Act request in November . But the SEC, at the time, withheld emails and notes from the public, arguing they should remain confidential due to privacy concerns and their preparation in anticipation of litigation. It also noted that the release of the documents would constitute an “unwarranted invasion of personal privacy.” While we weren’t able to see the contents because of redactions, what we got back was an extensive email thread that revealed that multiple high-ranking SEC officials, including then-Chair Jay Clayton, contributed to the drafting of William Hinman\'s pivotal 2018 speech on ether\'s status. All of this potentially undermines the SEC\'s claim that the speech was Hinman\'s personal opinion and not official guidance. The industry needs to see these emails to understand the thought process behind Hinman’s statement. SEC officials can come together and offer guidance on Hinman’s speech, so why can’t they give the same guidance to the industry? Important events. Blockchain Expo North America FINRA Annual Conference 2023 9:30 a.m. HKT/SGT(1:30 UTC) Australia Employment Change s.a. (April) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Bitcoin Slips Below $27K Amid Debt Ceiling Talks; Pudgy Penguins CEO on NFT Marketplace Bitcoin (BTC) continued to drift downward, slipping just below $27,000 as investors keep close attention on the debt ceiling negotiations in Washington. Defiance ETFs CEO Sylvia Jablonski and Galaxy Digital global head of trading Jason Urban shared their insights on the current state of the crypto markets. Plus, Pudgy Penguins CEO Luca Netz discussed the NFT brand\'s latest $9 million funding round. Also, New York University Professor Emeritus Gary Marcus shared his thoughts on artificial intelligence guidelines, following a Senate hearing with OpenAI CEO Sam Altman among those testifying. Headlines Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits : The company, which issues the $82 billion USDT stablecoin, reported $1.48 billion of net profits in 2023 Q1 and revealed $1.5 billion in BTC holdings. Ripple Buys Crypto Custody Firm Metaco for $250M : Metaco will continue to operate as an independent business unit led by CEO and founder Adrien Treccani. Axie Infinity\'s Token Jumps 12% After Firm Lists Game on Apple App Store : The dollar value locked in the open futures contracts tied to AXS has surged to its highest since February, signaling an influx of new money into the market. Dogecoin\'s Daily Transaction Reached Lifetime Highs After ‘DRC-20’ Tokens Introduced : Transactional volumes on Dogecoin briefly surpassed Litecoin and Bitcoin earlier this week. Fleeing U.S. Crypto Firms ‘Welcome,’ French Regulator Says : 100-odd companies could be registered in France as the just-agreed MiCA EU crypto legislation beds in, Financial Markets Authority officials said.', 'Good morning. Here’s what’s happening:\nPrices:Unfazed by U.S. debt ceiling talks, bitcoin and ether hold steady while Tether and Circle are diversifying reserves to mitigate dollar risks.\nInsights:A federal judge denied the SEC\'s bid to conceal documents related to Hinman\'s 2018 ether speech, possibly shedding light on the rationale behind this pivotal announcement amidst Ripple\'s lawsuit. Now, for the sake of the industry, show us the emails.\nCoinDesk Market Index (CMI)\n1,177\n+12.6▲1.1%\nBitcoin (BTC)\n$27,403\n+363.6▲1.3%\nEthereum (ETH)\n$1,822\n−2.2▼0.1%\nS&P 500\n4,158.77\n+48.9▲1.2%\nGold\n$1,986\n−2.4▼0.1%\nNikkei 225\n30,093.59\n+250.6▲0.8%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,177", "+12.6\\u25b21.1%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,403", "+363.6\\u25b21.3%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,822", "\\u22122.2\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,158.77", "+48.9\\u25b21.2%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,986", "\\u22122.4\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["30,093.59", "+250.6\\u25b20.8%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nCrypto Continues to Shrug Off Looming Debt Ceiling, Despite Tether and USDC Diversifying into Bitcoin\nGood morning Asia.\nBitcoin and ether stand unwavering, shrugging off the potential turbulence from the U.S. debt ceiling negotiations and its ripple effects on crypto.\nBitcoinis opening the Asia trading day up 1.3% to $27,403, whileetheris down 0.1% to $1,822.\nIn the U.S., debt ceiling negotiations continue, withPresident Biden declaringthat the country will not default on its debt.\nOn one hand, crypto doesn’t seem to care.With liquidity as tight as it is, it takes a lot to move markets. And this just isn’t it.\nBut on the other hand, crypto does seem to care.Tether announced Wednesday U.S.Timethat it\'s diversifying its reserves away from government debt and into crypto as it pledged to use around 15% of its profits to buy Bitcoin for its stablecoin reserves.Almost in parallel, Circle said that it is diversifying the reserves supporting its $30 billion USD Coin (USDC), including $8.7 billion in overnight repurchase agreements managed by BlackRock, to fortify against potential U.S. government debt default risks.\nDiversification into bitcoin away from the dollar? It’s a maxi’s dream! But bitcoin just isn’t moving on the news.\nAs the clock moves closer to the debt ceiling deadline, we’ll see if any of this actually moves the needle on crypto.\n[{"Asset": "Decentraland", "Ticker": "MANA", "Returns": "+5.4%", "DACS Sector": "Entertainment"}, {"Asset": "Polygon", "Ticker": "MATIC", "Returns": "+5.0%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Dogecoin", "Ticker": "DOGE", "Returns": "+3.0%", "DACS Sector": "Currency"}]\n[{"Asset": "Ethereum", "Ticker": "ETH", "Returns": "\\u22120.1%", "DACS Sector": "Smart Contract Platform"}]\nLet’s See the Hinman Emails\nA federal judge has ruledthat the U.S. Securities and Exchange Commission (SEC) cannot seal documents related to former official William Hinman\'s 2018 speech on crypto and securities in its lawsuit against Ripple.\nThis is great because it might finally lead to answers to a question that has gone nagging for years.\nIn 2018, William Hinman, who was serving as the director of corporation finance at the SEC at the time, made a game-changing announcement for the crypto world during a speech at the Yahoo Markets Summit: Ethe **Last 60 Days of Bitcoin's Closing Prices:** [28038.68, 27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-18 **Financial & Commodity Data:** - Gold Closing Price: $1956.50 - Crude Oil Closing Price: $71.86 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $530,725,416,375 - Hash Rate: 344768089.144806 - Transaction Count: 476704.0 - Unique Addresses: 603811.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.51 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Dubai, United Arab Emirates--(Newsfile Corp. - April 21, 2023) - LYOPAY, the company behind a range of crypto-friendly products, has unveiled its latest innovation - LYOPAY Pro . This revolutionary payment app allows users to easily transact with cryptocurrencies and fiat money in over 150 countries around the world. LYOPAY To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8902/163210_802b7e31b44c396e_001full.jpg The key aim of LYOPAY Pro is to empower individuals and businesses with greater financial freedom and global economic opportunities, regardless of their geographic location. LYOPAY Pro is built to provide users with a seamless payment experience that blends the traditional fiat currency system with the cutting-edge world of digital currency. This payment app opens the possibility of using cryptocurrencies and fiat currencies to a global audience. Mission LYOPAY Pro's mission is to promote the adoption of cryptocurrencies through the buying, selling, and transfer of digital currencies, giving people access to using crypto in their everyday lives. The app is equipped with a range of exclusive features, including digital payment services that are available 24/7. Thus the app also maintains a high level of transparency with its users, providing detailed information on all the fees and charges associated with its services. LYOPAY Pro allows for multi-fiat and multi-crypto transactions, and users can access six IBAN accounts, each with unlimited balances. LYOPAY Pro also includes a crypto wallet that enables users to quickly and easily transfer funds between wallets and sell their crypto for traditional currencies. Services LYOPAY Pro supports different cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Tether, BAT, Paxos, USD Coin, and EOS. LYOPAY Pro is not only a payment app, but also a platform that offers various services to its users. The app also includes a range of travel and concierge services too; personalized travel experiences, access to exclusive events, and VIP airport services are some of the features LYOPAY provides. LYOPAY Pro also offers rewards and discounts when users make purchases using the app. Story continues LYOPAY Pro offers branded physical and virtual cards , including Explorer, Titan, Signature, and Excellence tier options. The Excellence card, the top-level option, is a solid gold card, delivered in an Italian handmade wooden box. Users can purchase unlimited virtual cards and top them up via Google Pay, Samsung Pay, and LYOPAY Pro fiat wallets. LYOPAY Pro allows easy money transfer and exchange with SEPA and SWIFT transfers and is compatible with USD, EUR, GBP, CNY, JPY, and PHP currencies. Explore LYOPAY Pro For more information about LYOPAY Pro, visit https://lyopay.pro/ . The app will soon be available on Apple Pay and Google Play. With LYOPAY Pro, individuals and businesses can become a part of the global economy and take advantage of new opportunities in the digital age. Media Contact: Contact Name: Nahid El Otmani Email: [email protected] To view the source version of this press release, please visit https://www.newsfilecorp.com/release/163210... - Reddit Posts (Sample): [['u/WWYOG', 'Best intro for orange pilling', 880, '2023-05-18 00:24', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/', "That's Bitcoin 🧡", 'https://i.imgur.com/hwUnHmf.jpg', '13kg6dq', [['u/Previous_Ostrich8877', 34, '2023-05-18 02:09', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkkkih1/', 'This is well said', '13kg6dq'], ['u/beaker38', 11, '2023-05-18 02:26', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkkmt1o/', 'CBDC puppets got this covered', '13kg6dq'], ['u/WWYOG', 10, '2023-05-18 02:55', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkkqosv/', "I appreciate your comment and urge you to study deflationary money. Jeff Booth's The Price of Tomorrow is a great place to start. To summarize in my own words and in my own opinion, mortgages are not a thing when the money is not broken. (Mortgages became commonplace in the early 70s after and because our money was taken off the gold standard.) Imagine a world where banks do not make loans for houses because the money is sound and maintains/appreciates in value. Housing prices will fall to their utility value. Nixon/Kissinger/Central banking distorted our view of money and how it should work. Get off zero if you haven't. Our kids depend on it.\n\n*Edited for punctuation", '13kg6dq'], ['u/madbirdribdam', 10, '2023-05-18 03:14', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkktcng/', 'Few months ago:\n\n“Feds are selling the confiscated bitcoin, that’s why it’s dropped”', '13kg6dq'], ['u/Hank___Scorpio', 14, '2023-05-18 03:25', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkkutng/', "But I don't understand or have any value set that appreciates anything beyond convenience!!", '13kg6dq'], ['u/Dr-Lavish', 10, '2023-05-18 03:51', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkkyagu/', "A new type of Govt will evolve over time. They have multiple what if scenarios. It scares the hell out of them. Which it should. The human race will ultimately do away with Govt bodies. They won't be needed.", '13kg6dq'], ['u/BitcoinFan7', 10, '2023-05-18 03:51', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkkydjh/', 'Btc-e was an exchange not a cold wallet. No open source cold wallet has been hacked to my knowledge.', '13kg6dq'], ['u/benso87', 15, '2023-05-18 04:13', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkl1a83/', 'What does thermodynamics have to do with this?', '13kg6dq'], ['u/WWYOG', 10, '2023-05-18 05:08', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkl8j9w/', "Yes. That's coercion.", '13kg6dq'], ['u/bowdo', 10, '2023-05-18 11:56', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkm5z9r/', "What's that? I can't hear you over the sound of my big hammer turning toes in to hamburger mince.", '13kg6dq']]], ['u/Walla_Walla_26', 'Tether is buying more Bitcoin to hold on their balance sheet. Isn’t that what Do Kwon did as a backstop for Terra USD?', 13, '2023-05-18 01:27', 'https://www.reddit.com/r/CryptoCurrency/comments/13khrjy/tether_is_buying_more_bitcoin_to_hold_on_their/', 'It seems like history is kind of repeating itself. The circumstances are different, but Tether is going to use 15% of their profits to buy Bitcoin to hold for an undetermined amount of time. This is after the purchase they have already made. Saw this news today on the Wall Street journal. \n\n\nTerra USD, Do Kwon did the same thing to have another potential backstop for his algorithmic stablecoin. \n\nTether refuses to allow an audit and they are backed one to one with short term treasuries, etc. They are also buying before the bull run and IMO are getting a good deal on their Bitcoin purchase. \n\nMy question is why do they feel that they should have Bitcoin in their reserves? Are they trying to be more like Microstrategy? It just seems weird to me that they would buy Bitcoin. I understand they are using profits, but why? Is it just to boost their profits?\n\n***edit*** I appreciate the lively discussion. Let’s hope Tether is with us well into the future and we get clarity on reserves from all stablecoin issuers', 'https://www.reddit.com/r/CryptoCurrency/comments/13khrjy/tether_is_buying_more_bitcoin_to_hold_on_their/', '13khrjy', [['u/pbjclimbing', 10, '2023-05-18 01:32', 'https://www.reddit.com/r/CryptoCurrency/comments/13khrjy/tether_is_buying_more_bitcoin_to_hold_on_their/jkkfqdg/', 'Tether is using the profits from the interest they get from holding most of their reserves in bonds to buy Bitcoin. \n\nThis is different than using Bitcoin to backstop a stablecoin that is algorithmic and not 1:1 backed.', '13khrjy'], ['u/Maxx3141', 82, '2023-05-18 01:38', 'https://www.reddit.com/r/CryptoCurrency/comments/13khrjy/tether_is_buying_more_bitcoin_to_hold_on_their/jkkggb3/', "They are buying them from their profits - they can use their profits to buy whatever they like, even if it's Campbell's Tomato Soup.", '13khrjy'], ['u/mesutdmn', 13, '2023-05-18 01:40', 'https://www.reddit.com/r/CryptoCurrency/comments/13khrjy/tether_is_buying_more_bitcoin_to_hold_on_their/jkkgpgc/', 'And BTC is a nice way to double profits in the long term, but bullish on Tomato soups right now 🤣', '13khrjy']]], ['u/loupiote2', 'Successful recovery of 70 ETH (EIP2333) in validator on the beacon chain (seed lost)', 34, '2023-05-18 03:12', 'https://www.reddit.com/r/ledgerwallet/comments/13kk6iz/successful_recovery_of_70_eth_eip2333_in/', 'TL;DR - Don\'t lose your recovery seed!\n\nA client came to us for help trying to recover access to 64 ETH staked on the beacon chain on their ETH validators, plus rewards, so about 70 ETH total. The validators seed was lost.\n\nSee their posts on the ethstaker forum: [https://www.reddit.com/r/ethstaker/comments/13bq8fh/lost\\_seed\\_possible\\_to\\_recover\\_with\\_ledger\\_nano/](https://www.reddit.com/r/ethstaker/comments/13bq8fh/lost_seed_possible_to_recover_with_ledger_nano/) and [https://www.reddit.com/r/ethstaker/comments/13kl5nv/update\\_lost\\_seed\\_possible\\_to\\_recover\\_with\\_ledger/](https://www.reddit.com/r/ethstaker/comments/13kl5nv/update_lost_seed_possible_to_recover_with_ledger/)\n\nNormally when you lose the validator seed, you lose all hope of withdrawing the funds. But the client was lucky that they had initialized thers validators and their ledger Nano S with the same seed phrase.\n\nThe issue was that the very tech-savvy client unfortunately lost their seed phrase due to unforeseen circumstances. So the only remaining copy of their validators seed was in their Nano S, and of course there is absolutely no way to extract the seed from the ledger.\n\nSpecial private keys and signatures are needed for withdrawing ETH from validators, based on EIP2333 and using different cryptographic formulas, not those used for "normal" ETH transactions.\n\nNot only is there currently no ledger app (yet) capable of generating those EIP2333 signatures with ledger devices, but also the Nano S does not even have enough RAM to generate those signatures. Normally, validators can generate those signatures, based on their seed phrase.\n\nSo the idea (suggested by Ledger Team) was to generate the EIP2333 private keys on the Nano S using the derivation paths used by the validators, extract them and use them with off-line tools to generate the needed signatures to rescue the ETH from the validators.\n\nIn order to do that, a custom recovery ledger app had to be developed and installed (i.e. side-loaded) on the client\'s ledger. We hoped that the firmware on their ledger (2.0.0) already had support for the new cryptographic functions (i.e. BLS12-381 elliptic curve) needed to generate those keys, since updating the ledger firmware is very risky if you don\'t have the seed (if the ledger resets, everything is lost!).\n\nWe developed the custom recovery app using the ledger development tools on a Debian 11 Linux system running in virtualbox on a Windows 11 host.\n\nWe first tested the custom recovery app after side-loading it on a test Nano S+, but the firmware on our S+ did not support some of the functions we needed, so we decided to test using a Nano S (firmware 2.1.0), and everything was working as expected. We were able to generate the EIP2333 private keys. It takes about 16 sec for the Nano S to generate each key. The derivation process is very CPU intensive for the BLS12-381 elliptic curve, and the CPU in the Nano S is quite slow.\n\nWe validated the EIP2333 keys generated by our ledger app on our test device by comparing them to those generated with the Ian Coleman EIP2333 tool, and at first it looked like the keys didn\'t match. We found out that it was due to a bug in Ian Coleman EIP2333 tool (adding a new-line after the last mnemonic word breaks the bip39 seed!!). So finally we could confirm that the keys were correctly generated by our app. Our client also confirmed that the keys generated by the Ian Coleman EIP2333 tool match those generated by other EIP2333 tools.\n\nWe then sent the virtualbox image to our client, and they were able to run it out-of-the box in virtualbox on their Windows 11 system. The next step was to check that the custom recovery app was able to generate to right keys on another test Nano S, this time with firmware 2.0.0 (the exact same firmware version as the precious ledger Nano S containing the validators seed), as this would tell us if a (potentially risky) firmware update on the precious ledger would be needed on not.\n\nThe recovery app was side-loaded on the client test Nano S, and it was able to generate correct EIP2333 keys.\n\nThe next step was to run the app on the precious Nano S that contained the validator seed.\n\nWe got a bit worried when the side-loading proce... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['MicroStrategy co-founder and Executive Chairman Michael Saylor said the company isn’t just aware of Ordinals, it’s interested in how the protocol that’s set Bitcoin’s community abuzz could lead to software innovation.\nIn an interview at Bitcoin 2023 in Miami, Saylor exclusively toldDecryptthat the software firm is looking atOrdinalsand assessing its potential in terms of application development.\nOften used to create NFT-like assets on top of Bitcoin, Ordinalslaunched in January, and the protocol—while not embraced entirely by the Bitcoin community—has created a new wave of experimentation with crypto’s oldest coin.\nWhile Bitcoin Fees Soar to Two-Year Highs, El Salvador Pays the Price\nOne recent innovation in the space leveraging Ordinals is an experimental framework for building tokens on top of Bitcoin. It waspioneeredby the pseudonymous on-chain data enthusiast Domo in early March. And since then, thousands of other so-called BRC-20 tokens have been created.\nAll those transactions have been partly—or entirely, depending on who you ask—responsible for elevated transaction fees on Bitcoin. That’s been aboon for Bitcoin miners, who collecttransaction feesfor their role in securing the network. But lots of members of the community have complained that high fees make it harder forregular peopleto use BTC as the peer-to-peer electronic cash system thatSatoshi Nakamoto, the pseudonymous creator of Bitcoin, intended it to be.\nThe discussion surrounding Ordinals is important, Saylor said, because “Bitcoin miners have to be successful over the long term.” He added that the development of applications building on Bitcoin’s functionality could also bolster the coin’s overall adoption, among individuals, firms, and governments.\nSaylor didn’t specifically say what use cases MicroStrategy could be looking into that tap Ordinals, but he noted the ability to commit data to Bitcoin’s blockchain that isn’t solely related to transactions has many potential applications.\n“The whole idea of burning a piece of data on the blockchain opens the door to the possibility that I might burn a digital signature, or I might burn a registration, or I might burn a hash of a document,” Saylor said.\nMichael Saylor: Bitcoin Ordinals Are a ‘Catalyst’ for Adoption\nTouching on corporate security, Saylor mentioned DocuSign, which lets businesses and individuals send and sign agreements securely using the firm’s electronic signature product. But that makes mega corporations reliant on a proprietary database, Saylor noted.\n“Right now, enterprises have weak security compared to Bitcoin,” Saylor said, adding that innovations using the world\'s largest cryptocurrency could possibly “introduce a new level of security” available to firms “that doesn\'t exist right now.”\nSaylor’s comments come just a week after he described Ordinals as a “catalyst” for Bitcoin adoption on thePBD Podcast. Still, he acknowledges that Ordinals have been used for plenty of silly reasons.\n"The general consensus is criticize stuff that we think is silly, but don\'t censor it," he said on Thursday in Miami.\nSaylor didn\'t want to predict "which protocol will win,” but he said altering Bitcoin so that it censors certain uses would be wrong. It was a nod to the effort by a group of core Bitcoin developers, including Luke Dashjr, totreat Ordinals as "spam"and filter them out of transactions.\n“If somebody wants to change the protocol, in order to censor someone else from using Bitcoin, I don\'t think that\'s consistent with the values of the community,” Saylor said. “I do believe in rules without rulers.”', 'MicroStrategy co-founder and Executive Chairman Michael Saylor said the company isn’t just aware of Ordinals, it’s interested in how the protocol that’s set Bitcoin’s community abuzz could lead to software innovation.\nIn an interview at Bitcoin 2023 in Miami, Saylor exclusively toldDecryptthat the software firm is looking atOrdinalsand assessing its potential in terms of application development.\nOften used to create NFT-like assets on top of Bitcoin, Ordinalslaunched in January, and the protocol—while not embraced entirely by the Bitcoin community—has created a new wave of experimentation with crypto’s oldest coin.\nWhile Bitcoin Fees Soar to Two-Year Highs, El Salvador Pays the Price\nOne recent innovation in the space leveraging Ordinals is an experimental framework for building tokens on top of Bitcoin. It waspioneeredby the pseudonymous on-chain data enthusiast Domo in early March. And since then, thousands of other so-called BRC-20 tokens have been created.\nAll those transactions have been partly—or entirely, depending on who you ask—responsible for elevated transaction fees on Bitcoin. That’s been aboon for Bitcoin miners, who collecttransaction feesfor their role in securing the network. But lots of members of the community have complained that high fees make it harder forregular peopleto use BTC as the peer-to-peer electronic cash system thatSatoshi Nakamoto, the pseudonymous creator of Bitcoin, intended it to be.\nThe discussion surrounding Ordinals is important, Saylor said, because “Bitcoin miners have to be successful over the long term.” He added that the development of applications building on Bitcoin’s functionality could also bolster the coin’s overall adoption, among individuals, firms, and governments.\nSaylor didn’t specifically say what use cases MicroStrategy could be looking into that tap Ordinals, but he noted the ability to commit data to Bitcoin’s blockchain that isn’t solely related to transactions has many potential applications.\n“The whole idea of burning a piece of data on the blockchain opens the door to the possibility that I might burn a digital signature, or I might burn a registration, or I might burn a hash of a document,” Saylor said.\nMichael Saylor: Bitcoin Ordinals Are a ‘Catalyst’ for Adoption\nTouching on corporate security, Saylor mentioned DocuSign, which lets businesses and individuals send and sign agreements securely using the firm’s electronic signature product. But that makes mega corporations reliant on a proprietary database, Saylor noted.\n“Right now, enterprises have weak security compared to Bitcoin,” Saylor said, adding that innovations using the world\'s largest cryptocurrency could possibly “introduce a new level of security” available to firms “that doesn\'t exist right now.”\nSaylor’s comments come just a week after he described Ordinals as a “catalyst” for Bitcoin adoption on thePBD Podcast. Still, he acknowledges that Ordinals have been used for plenty of silly reasons.\n"The general consensus is criticize stuff that we think is silly, but don\'t censor it," he said on Thursday in Miami.\nSaylor didn\'t want to predict "which protocol will win,” but he said altering Bitcoin so that it censors certain uses would be wrong. It was a nod to the effort by a group of core Bitcoin developers, including Luke Dashjr, totreat Ordinals as "spam"and filter them out of transactions.\n“If somebody wants to change the protocol, in order to censor someone else from using Bitcoin, I don\'t think that\'s consistent with the values of the community,” Saylor said. “I do believe in rules without rulers.”', 'MicroStrategy co-founder and Executive Chairman Michael Saylor said the company isn’t just aware of Ordinals, it’s interested in how the protocol that’s set Bitcoin’s community abuzz could lead to software innovation. In an interview at Bitcoin 2023 in Miami, Saylor exclusively told Decrypt that the software firm is looking at Ordinals and assessing its potential in terms of application development. Often used to create NFT-like assets on top of Bitcoin, Ordinals launched in January , and the protocol—while not embraced entirely by the Bitcoin community—has created a new wave of experimentation with crypto’s oldest coin. While Bitcoin Fees Soar to Two-Year Highs, El Salvador Pays the Price One recent innovation in the space leveraging Ordinals is an experimental framework for building tokens on top of Bitcoin. It was pioneered by the pseudonymous on-chain data enthusiast Domo in early March. And since then, thousands of other so-called BRC-20 tokens have been created. All those transactions have been partly—or entirely, depending on who you ask—responsible for elevated transaction fees on Bitcoin. That’s been a boon for Bitcoin miners , who collect transaction fees for their role in securing the network. But lots of members of the community have complained that high fees make it harder for regular people to use BTC as the peer-to-peer electronic cash system that Satoshi Nakamoto , the pseudonymous creator of Bitcoin, intended it to be. The discussion surrounding Ordinals is important, Saylor said, because “Bitcoin miners have to be successful over the long term.” He added that the development of applications building on Bitcoin’s functionality could also bolster the coin’s overall adoption, among individuals, firms, and governments. Saylor didn’t specifically say what use cases MicroStrategy could be looking into that tap Ordinals, but he noted the ability to commit data to Bitcoin’s blockchain that isn’t solely related to transactions has many potential applications. Story continues “The whole idea of burning a piece of data on the blockchain opens the door to the possibility that I might burn a digital signature, or I might burn a registration, or I might burn a hash of a document,” Saylor said. Michael Saylor: Bitcoin Ordinals Are a ‘Catalyst’ for Adoption Touching on corporate security, Saylor mentioned DocuSign, which lets businesses and individuals send and sign agreements securely using the firm’s electronic signature product. But that makes mega corporations reliant on a proprietary database, Saylor noted. “Right now, enterprises have weak security compared to Bitcoin,” Saylor said, adding that innovations using the world\'s largest cryptocurrency could possibly “introduce a new level of security” available t **Last 60 Days of Bitcoin's Closing Prices:** [27767.24, 28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-19 **Financial & Commodity Data:** - Gold Closing Price: $1978.70 - Crude Oil Closing Price: $71.55 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $521,756,520,469 - Hash Rate: 369469365.7613961 - Transaction Count: 515474.0 - Unique Addresses: 664491.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.48 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Fees on the Bitcoin blockchain have surged to two-year highs as the ‘Bitcoin Request for Comment’ (BRC-20) tokens and the rising popularity of the Ordinals protocol drives demand for block space. Average transaction fees on the Bitcoin network were hovering at just under $20 during European hours on Monday, a bump from last week’s average $1.20 level. Such levels were previously seen in May 2021, when bitcoin prices set a then-record peak of $60,000. The number of non-fungible tokens (NFT) tied to the Bitcoin blockchain surged above 3 million last week after a one-day spike in activity that mainly consisted of text-based assets, data from Dune Analytics showed. The tokens, called inscriptions, function on the Ordinals Protocol. Ordinals allows users to embed data into the Bitcoin blockchain by inscribing references to digital art into small bitcoin (BTC)-based transactions. Read more:Bitcoin’s Frenzy of Activity Pushes Average Transaction Fee Over $7, Nearly 2-Year High The BRC-20 token standard allows users to issue transferable tokens directly through the network – which has spurred a collection of digital artwork and meme tokens built on Bitcoin. Data from OrdSpace, which tracks BRC-20 data, shows over 11,000 tokens issued on Bitcoin are available on the open market as of Monday with a cumulative market capitalization of $1.6 billion. So far, tokens of Ordinals marketplace Ordi (ORDI) are the most valued BRC-20 tokens with a market capitalization of $220 million and 7,300 unique ordi token holders. Ordi is said to be the first BRC-20 token deployed on Bitcoin, which may also be aiding its value proposition among holders. Pepe tokens on Bitcoin – different from the ones issued on Ethereum – are the second-largest BRC-20 issuance, albeit with a relatively tinier $17 million market capitalization. Meanwhile, some analysts consider the rapid transactional activity as a sign of network adoption which adds to Bitcoin’s fundamental narrative. “During the last peak in 2019, most Bitcoin transactions skewed towards larger transactions, in the range of $1,000 to $10,000,” said Tom Rodgers, Head of Research at ETC Group, in an email to CoinDesk. “This suggests most Bitcoin users were using the blockchain for trading. Compare this to today. The largest cohort of Bitcoin transactions - 359,560 - came from transactions under $1. This suggests a huge increase in Bitcoin velocity -- or the amount of Bitcoin being transacted by users, instead of being locked up in cold wallets and held over the long term,” Rodgers added. While adoption has been brisk, the network congestion has briefly caused problems at crypto exchanges such as Binance, which paused bitcoin withdrawalstwice over the weekend. As such,on-chain datashows that there are nearly 415,000 unconfirmed Bitcoin transactions at writing time on Monday, which is higher than anything seen during the bull runs of 2018 and 2021.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['May 19—A 76-year-old Oxford woman was scammed out of $30,000 last week by individuals claiming to be Microsoft customer service and an agent of the "Federal Government Fraud Department."\nAccording to an Oxford Police report, the woman was lured into the scheme when her laptop acted abnormally — frozen, screen flashing and making a loud noise. At the bottom of the screen was what appeared to be a Microsoft logo and a phone number attached to it. The woman told police she called the number and reached a man who claimed he could help her repair her computer.\nA short time later, she said she was contacted by another man claiming to be from the non-existent Federal Government Fraud Department. He told the woman that her bank account had two fraudulent deposits of $15,000 and $23,000, which he advised needed to be taken to the nearest Bitcoin Depot ATM, a machine that takes cash deposits and purchases the popular cryptocurrency Bitcoin before transferring it, untraceably, to an anonymous "digital wallet."\nThe woman withdrew $15,000 from her bank and deposited it at the Bitcoin Depot ATM at the Circle K at 11 N. College Ave. in Oxford.\nThe fake agent called her again the next day, advising her to take $23,000 out of her account this time and deposit it into the Bitcoin Depot ATM for safekeeping. The woman\'s unspecified bank only allowed her to withdraw another $15,000. The woman told police that she felt uncomfortable with making the ATM deposit, so she took it to her home. But, as time wore on, she decided to make the deposit again.\nIn total, the woman deposited $30,000 into the Bitcoin Depot ATM after being advised under false pretenses. She\'s working with her bank to see what options are available to her.\nThe Journal-News spoke with a customer service representative at Bitcoin Depot who said there\'s no way to trace where the purchased Bitcoin went. Though the representative had no knowledge of this exact case, she said the only action the company can take in cases of fraud is to deactivate the victim\'s account and flag the digital wallet of the recipient to make sure no more Bitcoin can be transferred to that wallet. They can, however, return the ATM fee to the victim.\nBitcoin Depot has more than 7,000 ATMs across the country, including 11 in Butler County. The customer service representative said fraud occurs daily.', 'May 19—A 76-year-old Oxford woman was scammed out of $30,000 last week by individuals claiming to be Microsoft customer service and an agent of the "Federal Government Fraud Department."\nAccording to an Oxford Police report, the woman was lured into the scheme when her laptop acted abnormally — frozen, screen flashing and making a loud noise. At the bottom of the screen was what appeared to be a Microsoft logo and a phone number attached to it. The woman told police she called the number and reached a man who claimed he could help her repair her computer.\nA short time later, she said she was contacted by another man claiming to be from the non-existent Federal Government Fraud Department. He told the woman that her bank account had two fraudulent deposits of $15,000 and $23,000, which he advised needed to be taken to the nearest Bitcoin Depot ATM, a machine that takes cash deposits and purchases the popular cryptocurrency Bitcoin before transferring it, untraceably, to an anonymous "digital wallet."\nThe woman withdrew $15,000 from her bank and deposited it at the Bitcoin Depot ATM at the Circle K at 11 N. College Ave. in Oxford.\nThe fake agent called her again the next day, advising her to take $23,000 out of her account this time and deposit it into the Bitcoin Depot ATM for safekeeping. The woman\'s unspecified bank only allowed her to withdraw another $15,000. The woman told police that she felt uncomfortable with making the ATM deposit, so she took it to her home. But, as time wore on, she decided to make the deposit again.\nIn total, the woman deposited $30,000 into the Bitcoin Depot ATM after being advised under false pretenses. She\'s working with her bank to see what options are available to her.\nThe Journal-News spoke with a customer service representative at Bitcoin Depot who said there\'s no way to trace where the purchased Bitcoin went. Though the representative had no knowledge of this exact case, she said the only action the company can take in cases of fraud is to deactivate the victim\'s account and flag the digital wallet of the recipient to make sure no more Bitcoin can be transferred to that wallet. They can, however, return the ATM fee to the victim.\nBitcoin Depot has more than 7,000 ATMs across the country, including 11 in Butler County. The customer service representative said fraud occurs daily.', 'Timothy A. Clary/Getty Images US stocks fell Friday after talks in Washington over raising the debt ceiling were paused. "We\'ve got to get movement by the White House and we don\'t have any movement yet," House Speaker Kevin McCarthy said. Stocks earlier this week hit a nine-month high on hopes a debt-limit deal was in reach soon. US stocks finished in the red Friday after negotiations in Washington over raising the US debt ceiling hit an impasse, flaring up worries the US may default on its debt for the first time ever. Republican House Speaker Kevin McCarthy said talks with the Biden administration had reached a standstill. "We\'ve got to get movement by the White House and we don\'t have any movement yet," McCarthy said at the Capitol, according to the Associated Press . "So, yeah, we\'ve got to pause." Stocks swung lower as investors previously expected negotiators to reach an agreement soon to increase the $31 trillion debt limit before a June 1 deadline. But the major indexes were still able to log weekly gains after the S&P 500 and the Nasdaq Composite earlier notched nine-month highs. Here\'s where US indexes stood at the 4:00 p.m. closing bell on Friday: S&P 500 : 4,191.98, down 0.14% Dow Jones Industrial Average : 33,426.63, down 0.33% (109.28 points) Nasdaq Composite : 12,657.90, down 0.24% Treasury Secretary Janet Yellen has warned the country could run out of cash to pay bills by early June. Jason Mountford, market trend analyst at Q.ai, told Insider in a note this week he doesn\'t foresee the US defaulting on its debt. Such an unprecedented event would "cause chaos on the markets," he said. Stocks "would sell off dramatically, and it wouldn\'t be beyond the realms of possibility to see the biggest one-day fall in history," he said. Meanwhile, "yields would skyrocket, as US debt would all of a sudden be perceived as much higher risk than it is currently." Elsewhere Friday, Federal Reserve Chair Jerome Powell said with credit conditions tightening, the central bank\'s policy rate "may not need to rise as much as it would have otherwise to achieve our goals." Story continues The prevailing Wall Street view is that the Fed will pause its rate-tightening efforts and cut rates at least twice during the second half of 2023, Sam Stovall, chief investment strategist at CFRA Research, told Insider. "However, as a result of still-sticky inflation, concern that the Fed is not quite done has been growing, as well as the possibility that the Fed won\'t start an easing cycle before 2024." Stovall said he sees the Fed taking its time in starting new rate reductions. Here\'s what else is happening today: Bank of America warned on mega-cap tech stocks, saying a "big asset bubble" in growth shares is building. The S&P 500 will crash 30% by December as spending slumps and banking problems mount, said markets guru Larry McDonald. WeWork short-sellers took in $440 million in profit as shares plunged 96% over the past year. "Rich Dad Poor Dad" author Robert Kiyosaki said investors should buy bitcoin and gold as the economy heads toward a crash landing. In commodities, bonds, and crypto: West Texas Intermediate crude fell 0.2% to trade at $71.68 per barrel. Brent crude, the international benchmark, lost 0.5% to $74.31. Gold picked up 0.9% to $1,977.50 per ounce. The 10-year Treasury yield rose 5 basis points to 3.70%. Bitcoin rose 0.4% to $28,846.40. Read the original article on Business Insider', '• US stocks fell Friday after talks in Washington over raising the debt ceiling were paused.\n• "We\'ve got to get movement by the White House and we don\'t have any movement yet," House Speaker Kevin McCarthy said.\n• Stocks earlier this week hit a nine-month high on hopes a debt-limit deal was in reach soon.\nUS stocks finished in the red Friday after negotiations in Washington over raising the US debt ceiling hit an impasse, flaring up worries the US may default on its debt for the first time ever.\nRepublican House Speaker Kevin McCarthy said talks with the Biden administration had reached a standstill.\n"We\'ve got to get movement by the White House and we don\'t have any movement yet," McCarthy said at the Capitol,according to the Associated Press. "So, yeah, we\'ve got to pause."\nStocks swung lower as investors previously expected negotiators to reach an agreement soon to increase the $31 trillion debt limit before a June 1 deadline. But the major indexes were still able to log weekly gains after the S&P 500 and the Nasdaq Composite earlier notched nine-month highs.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:4,191.98, down 0.14%\n• Dow Jones Industrial Average:33,426.63, down 0.33% (109.28 points)\n• Nasdaq Composite:12,657.90, down 0.24%\nTreasury Secretary Janet Yellen has warned the country could run out of cash to pay bills by early June.\nJason Mountford, market trend analyst at Q.ai, told Insider in a note this week he doesn\'t foresee the US defaulting on its debt. Such an unprecedented event would "cause chaos on the markets," he said.\nStocks "would sell off dramatically, and it wouldn\'t be beyond the realms of possibility to see the biggest one-day fall in history," he said. Meanwhile, "yields would skyrocket, as US d **Last 60 Days of Bitcoin's Closing Prices:** [28175.82, 27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-20 **Financial & Commodity Data:** - Gold Closing Price: $1978.70 - Crude Oil Closing Price: $71.55 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $524,218,792,969 - Hash Rate: 322669912.76495266 - Transaction Count: 423736.0 - Unique Addresses: 559902.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.48 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin rose while Ether fell in Thursday afternoon trade in Asia, with declines across most of the other top 10 non-stablecoin cryptocurrencies by market capitalization. Solana’s SOL token was the biggest loser of the day. Asian equities were mixed, while U.S. stock futures strengthened in anticipation of April’s nonfarm payroll report. The U.S. dollar index fell, as woes at regional U.S. lenders PacWest and Western Alliance fueled market concerns of a banking crisis. See related article: Crypto and NFT Market Update – May 4th Crypto Bitcoin cryptocurrency trader, business person using modern technology electronic to trade with crypto money, stacked coins in the foreground and defocussed businessman in background Bitcoin, the world’s largest cryptocurrency, rose 0.11% to US$29,124 in the 24 hours to 4:30 p.m. in Hong Kong. Ether fell 0.19% to US$1,899. “Bitcoin needs to close above US$32,000 to confirm an upward trend,” Tom Wan, a research analyst at 21.co , the parent company of 21Shares, an issuer of crypto exchange-traded products, wrote in an email to Forkast . Solana’s SOL token fell 0.98% to US$21.93 as the day’s biggest loser, followed by Dogecoin that slipped 0.77% to US$0.0787. The global crypto market capitalization decreased by 0.07% to US$1.19 trillion, while total crypto market volume fell 20.02% to US$34.25 billion. NFT ApeCoin, Otherside’s native token, which is also linked to the Bored Ape Yacht Club NFT collection, soared ahead of the Otherdeeds sale but has plunged since. In the non-fungible token (NFT) market, the Forkast 500 NFT index fell 0.4% to 3,645.72 points in the 24 hours to 4:30 p.m. in Hong Kong and declined 1.85% during the week. 24-hour NFT sales on the Ethereum network declined for a third consecutive day, falling 23.64% to US$13.9 million, despite a 47.40% surge in 24-hour sales for Azuki, the leading NFT collection on Ethereum. 24-hour sales for the Bored Ape Yacht Club declined 58.7% to US$872,793, according to CryptoSlam data. Equities Image: Envato Elements Asian equities were mixed on Friday. The Shenzhen Component Index fell 0.82%, the Shanghai Composite lost 0.48%, while Japan’s Nikkei 225 inched up 0.12% and Hong Kong’s Hang Seng Index increased 0.5%. Investors continued to assess the global monetary policy outlook after the U.S. Federal Reserve and the European Central Bank raised interest rates by 25 basis points this week. Story continues U.S. stock futures strengthened as of 4:30 p.m. in Hong Kong. The tech-heavy Nasdaq-100 futures rose 0.43%, the Dow Jones Industrial Average futures strengthened 0.25% and the S&P 500 futures index gained 0.40%. U.S. nonfarm payroll data will be released later Friday. The world’s largest economy is expected to have added 180,000 jobs in April, which would be the smallest gain since December 2020, but well above the 70,000-100,000 monthly job gain needed to sustain the growth of the working-age demographic. The U.S. dollar fell 0.12% to 101.2 points, weighed down by recession fears and banking woes after shares of Los Angeles-based PacWest fell over 50% yesterday following a Bloomberg report that the lender was exploring a sale or other capital-raising moves in the wake of the recent collapse of other banks. Shares of Western Alliance bank holding company also plummeted over 60% on Thursday after a report alleged that it is exploring a potential sale. The company’s shares started recovering today after Western Alliance denied the report. See related article: US response to crypto is like ‘deer caught in headlights,’ says ex-CFTC chair... - Reddit Posts (Sample): [['u/Halo22B', 'Ledger thought of you the day', 76, '2023-05-20 01:30', 'https://www.reddit.com/r/Bitcoin/comments/13mbe8f/ledger_thought_of_you_the_day/', 'More people are going to lose their BTC switching to some poorly understood "safer" methodology than would ever get "rugged by Ledger Recover"', 'https://www.reddit.com/r/Bitcoin/comments/13mbe8f/ledger_thought_of_you_the_day/', '13mbe8f', [['u/AdministrativeRow904', 11, '2023-05-20 01:46', 'https://www.reddit.com/r/Bitcoin/comments/13mbe8f/ledger_thought_of_you_the_day/jku9vni/', 'I concur.', '13mbe8f'], ['u/hahahahaaaahaha', 29, '2023-05-20 02:13', 'https://www.reddit.com/r/Bitcoin/comments/13mbe8f/ledger_thought_of_you_the_day/jkudbyo/', 'I agree. Risk management is something we all have to consider and the Ledger risk is still low. If I had millions dollars of BTC, would I be concerned? Sure. Most people will be fine.', '13mbe8f'], ['u/oGceaseless', 14, '2023-05-20 03:20', 'https://www.reddit.com/r/Bitcoin/comments/13mbe8f/ledger_thought_of_you_the_day/jkulppl/', "Extract it through their software or by physical means only?\n\nIf the software can do it. Then I'm definitely going to be moving my coins... probably not tomorrow, sure I'll have a hangover, but this weekend for sure. Thank you for the response and summing it up so concisely!", '13mbe8f'], ['u/WorldlyTransition476', 11, '2023-05-20 03:54', 'https://www.reddit.com/r/Bitcoin/comments/13mbe8f/ledger_thought_of_you_the_day/jkupwog/', 'Don’t listen to all the crazies online just keep your ledger the same as it was before.', '13mbe8f']]], ['u/elrobsterlobster', 'How does timing work with “___ train is now arriving? And why is the timing off even on CBTC lines?', 32, '2023-05-20 01:31', 'https://www.reddit.com/r/nycrail/comments/13mbf8v/how_does_timing_work_with_train_is_now_arriving/', 'The announcements for 7 trains at Queensboro Plaza and L trains at Union Square seem to have bad/inconsistent timing. Sometimes they’ll announce that the train is arriving when it’s already closing its doors and sometimes it’s 2 minutes early. How is the timing of these announcements controlled and why isn’t it automated to be consistent on CBTC lines?', 'https://www.reddit.com/r/nycrail/comments/13mbf8v/how_does_timing_work_with_train_is_now_arriving/', '13mbf8v', [['u/Sn584', 15, '2023-05-20 05:35', 'https://www.reddit.com/r/nycrail/comments/13mbf8v/how_does_timing_work_with_train_is_now_arriving/jkv24hf/', 'It has no fucking clue. Which is why punchboxes still exist', '13mbf8v'], ['u/SamTheGeek', 11, '2023-05-20 14:13', 'https://www.reddit.com/r/nycrail/comments/13mbf8v/how_does_timing_work_with_train_is_now_arriving/jkw7pi8/', 'The 7 and L are both full CBTC', '13mbf8v'], ['u/SamTheGeek', 16, '2023-05-20 14:16', 'https://www.reddit.com/r/nycrail/comments/13mbf8v/how_does_timing_work_with_train_is_now_arriving/jkw7yyu/', 'Train timing still depends on the two different countdown systems installed last decade. \n\nA division uses an interface with the old signaling system and assumptions about how fast trains will travel based on speed limits in place. This means it’s guessing which blocks are occupied — and that means it also doesn’t take into account time differences as a result of CBTC. \n\nB division uses Bluetooth beacons that tell the system when the train is in each station. It makes announcements based on average travel times between stations based on recent data. If I had to guess, the L is currently working with bad average data because of all the construction over the past few weeks/months at 6th avenue.', '13mbf8v']]], ['u/thatprickagain', 'Everyone’s posting their reviews, I’m shit faced, here’s mine:', 45, '2023-05-20 01:40', 'https://www.reddit.com/r/DMB/comments/13mbmlj/everyones_posting_their_reviews_im_shit_faced/', 'For context, i’m studying music and had 6 performance exams today; I play in a band I’d like to think are very influenced by the band.\n\n I was seriously looking forward to listening and I’ve now done it in full 7 times. And gotten drunk cause i’m finished for 3 months babbbyyyy.\n\nWalk around the moon: it’s a bop and a banger. The studio touches of reverse tape echo after the first chorus are really lovely and the band sound like they’re having fun. 8/10\n\nMadman’s eyes: I’ve listened to this loads because it was the first single and it’s a whopper. Awesome instrumentation, band again sound like they’re having a great time with it. String section is lush and beautiful. 10/10\n\nLooking for a vein: they really had this good a track and let a drum machine even try to compete with Carter. I get that Dave has 300 million dollars to his name, but this feels very lazy. 2/10\n\nThe Ocean and The Butterfly: the chord progression instantly puts me in 60’s do-wop territory; the acoustic line and hot rod/brush drumming throws me back to the first time I hear pay for what you get. I feel like it had more potential, and live performances tell me I’m right. Sometimes what we get is what we get. 7/10\n\nIt Could Happen: this is a lovely song. Not just a lovely Dave song but a lovely song. It really is a very classic sounding pop song with some really cool synth lines from Buddy, and the strings are still lovely. Personally, I like more of Dave’s avant garde stuff and I think that definitely happens more when he writes with the band rather than had them accompany him. Gonna give it a 6/10 but I am being harsh here for sure.\n\nSomething To Tell: look, it’s a Dave solo song, no doubt, and the band could’ve made this a beautiful track, but compare it to any ‘man and guitar’ song (see:Vincent black lightning by Richard Thompson) and it doesn’t hold and a candle to any of his earlier work, let alone the best in his field. 3/10\n\nAfter Everything: Dave gets the classic rock bug and the band are absolutely fucking loving it. The way Carter had the beat slightly drag over Stefan’s walking line, and Dave sounds like he’s absolutely into it. Sure, the lyrics are nonsense, but so’s all of rock music if you look too close. 8/10\n\nAll you wanted: all I wanted was for Dave to shed his Americana routing of predictable melodies and chord progressions, but here we are. The horns are fabulous but they’re holding back for sure. Rashawn does a great job making a fairly standard song stand out, but it’s just not enough. 3/10\n\nThe Only Thing: this song. This fucking song makes me see a future for the band. They’re all flying high, tightly grooving and Buddy’s addition gets to shine with what I can only describe as a genesis level keyboard odyssey, with Tim surfing the waves all the way home. No songwriting notes, it doesn’t need any. Dave’s voice is just another instrument and it is beautiful. 9/10\n\nBreak Free: there’s nothing worse than having a song hang around so long that your audience have written it for you. Personally I dig it. If this had appeared on busted stuff I would have been like WHAT. But it would have worked. The track might’ve saved Stand Up. Gonna give it a 7/10. Come at me.\n\nMonsters: Again, I may have listened too much before the album, but I found it a great comfort with all the exam stress and studying the last couple weeks. It’s not an amazing track, and it needs more band. But a lovely song. 7/10\n\nSinging From The Windows: again, Dave ends the album with a whimper instead of a scream or an explosion. This track really could’ve felt earned if there was more of a band presence on this album but there just isn’t enough to justify it’s existence. That aside, it’s a lovely melody and Dave really is singing from his heart here, might get downvoted but it deserves a 5/10.\n\nAll in all, look, it’s no worse than stand up, it’s probably on a par with Come Tomorrow, and it’s nowhere near big whiskey. I want that energy and band communal energy from BTCS, Crash and I think they really recaptured that on big whiskey. But if I was 56 and worth a quarter billion, i know I wouldn’t give a fuck. Better to just enjoy the highs and ignore the lows. Treat DMB like life.\n\nPeace out, and happy listening xoxo', 'https://www.reddit.com/r/DMB/comments/13mbmlj/everyones_posting_their_reviews_im_shit_faced/', '13mbmlj', [['u/Animalpoop', 11, '2023-05-20 03:23', 'https://www.reddit.com/r/DMB/comments/13mbmlj/everyones_posting_their_reviews_im_shit_faced/jkum4qv/', "Thank you for the review. For me the album works as a whole, and I think it's easily their best since at least Big Whiskey. \n \nIt's different and very representative of where the band is now, and it has some of Dave's best lyrics in years as well. \n \nNot understanding the hate for this album. Not to say you are hating on it. Just seen it a lot the last few days, and to me the album is wonderful. \n \n(Also I love Looking for a Vein).", '13mbmlj']]], ['u/GBIZZZ', 'HPOS10I Ticker $bitcoin - Has Some Serious Legs', 64, '2023-05-20 03:54', 'https://www.reddit.com/r/CryptoMoonShots/comments/13mend0/hpos10i_ticker_bitcoin_has_some_serious_legs/', "I've never come across such a dedicated team of meme makers, developers, or anything of the like the same as HarryPotterObamaSonic10Inu. Originally it was launched on BSC with a 10% tax, last week the devs relaunched on Ethereum. $bitcoin on Ethereum had a better ring to it anyways. With a solid history in the meme-sphere as well as fresh ones being baked every day I've truly never laughed as hard as this with any project. \nThere's thousands of memecoin variants that have spurred out of the pepe run, but every one nearly turned out to be a p+d or scam entirely trying to capitalize on it's success. This one is different, original and has built quite a lore building for itself already. From the ticker $bitcoin being shadow banned (old twitter rules) to the official acct being unsearchable it's been an uphill battle for this project but it's been grinding it's way onto the Dextools charts as well as Twitter every single day this week. Each day it's growing organically, no bots, completely influen... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["In this article, we will examine the 12 Trusted Bitcoin investment sites. If you want to skip the detailed analysis, visit5 Trusted Bitcoin investment sites.\nIn today's technologically advanced world, people have come beyond physical assets and currencies in dealing with transactions. That's where cryptocurrency comes in, giving users a convenient way to buy and sell products and services through e-money. However, it's important to be vigilant and conduct due diligence before selecting a cryptocurrency investment platform or site in terms of its reputation, authenticity, current status, and credibility. This article will give useful insight to Bitcoin investors about 12 Trusted Bitcoin investment sites.\nCryptocurrencies remained popular in 2021, especially Bitcoin (BTC). Goldman Sachs started dealing with transactions in cryptocurrencies. In April 2021, Coinbase Global Inc. (NASDAQ:COIN) was among the first crypto exchange platform to go public at a valuation of approx.$100 billion. Alphabet Inc. (NASDAQ:GOOG) shook hands with Coinbase in October 2022 to create feasibility for its cloud computing clients to deal transactions in e-money. Moreover, Microsoft Corporation (NASDAQ:MSFT) also began accepting BTC as payments from users since 2014.\nThe most well-known cryptocurrency, Bitcoin, had a successful year, according to CNBC. Since 2021, the worth of the e-currency has risen by about 70%, driving the total market worth of crypto above$2 trillion. However, 2022 happened to be unfavorable for most cryptocurrency holders. Throughout 2022, Bitcoin lost65% of its market share. A series of bad events, comprising the collapse of FTX (one of the biggest cryptocurrency exchanges), the crash of Terra Luna, and the predicted unfavorable macroeconomic situations, took crypto devotees by surprise.\nWhen the Federal Reserve began to boost interest rates to combat excessive inflation, the price of cryptocurrencies fell much like almost everything else in the financial sector. That surprised many of Bitcoin's most ardent supporters, many of whom thought the digital money would act like gold does: as a hedge against inflation. In contrast to their predictions, the price of Bitcoin was dropping at the time of rapid inflation.\nThe main cause of the crypto market's slump was the failure of FTX. In addition to causing a significant market sell-off, FTX's bankruptcy and dispute with Binance have decreased liquidity in the cryptocurrency market. Individual investors, particularly those who purchased digital assets close to the highs, have suffered. However, structural issues in the sector have been highlighted,according to Lee Reiners(an expert in cryptocurrency law and policy):\n“It really exposed a number of crypto firms who were, you know, overextended, had poor risk management, or otherwise were engaging in fraudulent activity.”\nFor the majority of cryptocurrencies, 2023 has begun on a clean and favorable note. Some investors have turned to Bitcoin and other popular cryptocurrencies for safety as inflation has slowed down, the recession is becoming more imminent, and the U.S. financial crisis is still raging.\nAccording to Analytics Insight, some market analysts believe Bitcoin will reach a price of$100,000 by the end of 2023. Others claim that Bitcoin won't rise over $70,000.\nBitcoin traded in a constrained price range from $26,000 to $28,600 from halfway through March to mid-April. On April 10, Bitcoin saw a breakout to the upside, reachinga high of $31,005on the back of favorable inflation statistics that suggested the Fed may decide to hold off on interest rate rises in favor of rate cuts sooner than previously anticipated. Bitcoin has increased by80% this yearcompared to last. Although Bitcoin is still approximately 50% below its all-time high, which was over $69,000 in November 2021, the path to recovery is still lengthy.\nThe fact that Bitcoin will experience a halving event in 2024 is another factor supporting analysts' positive outlook on the cryptocurrency. Every four years, there is a Bitcoin halving event in which the currency's miner payouts are cut in half. Given that halving serves to reduce supply, this occurrence is widely seen as being favorable for Bitcoin's price. In the past, halving has been viewed as a highly positive indicator for boosting Bitcoin's price.\nFor our list of 12 Trusted Bitcoin investment sites, the main factor on which we based our list is the 'score’ from 0.0 to 10.0 extracted fromCoinmarketcapas of the writing of this article. The score reflects average liquidity and investors' confidence, among other factors, on the crypto exchange platforms. We have also mentioned the platforms' trading volume (keeping in mind that trading volume fluctuates at any given time).\nSo, without further delay, let's head toward 12 Trusted Bitcoin investment sites.\nScore: 6.5\nTrading Volume: $298,644,218\nHuobi is one of the most trusted platforms for bitcoin trade, but the platform alos has its own coin. The native cryptocurrency of Huobi Global exchange is called Huobi Token (HT). Huobi users received Huobi Token in 2018 as part of a unique giveaway program that gave tokens out for free to platform users.\nScore: 6.6\nTrading Volume: $8,048,955\nAlthough Gemini supports fewer cryptocurrencies (including BTC), it places a strong emphasis on the security and compliance of the funds that its consumers invest with it. Despite having fewer assets, this platform is still a great choice for both new and seasoned traders due to its strong security emphasis and selection of tools and products.\nGemini has become thefirst SOC 2-certified cryptocurrency exchangein the market, demonstrating its dedication to security. The SOC 2 evaluation gauges a company's or product's levels of compliance and safety and is conducted by outside auditors.\nScore: 6.6\nTrading Volume: $322,173,059\nAn investor can trade BTC on Gate.io for a maximum trading cost of 0.2%. Customers can decrease this charge in a number of ways, including by using the utility token of Gate.io. While not the cheapest on the market, this cost is also not the most expensive either.\nScore: 6.6\nTrading Volume: $573,256,808\nLBank offers a web-based trading platform that is unique in many ways. The site also includes a number of sophisticated tools and features, including the technical analysis indicatorsRSI, KDJ, MACD, and CCI. The exchange platform also includes a volume window below the order windows and a market depth window below the chart. All of the attributes are displayed in an intuitive way.\nScore: 7.0\nTrading Volume: $28,683,171\nBitfinex, which was established in 2012, has comparatively cheap trading costs, with the majority of trade deals costing just 0.20% or less. Their trading interface is easy to use, and seasoned traders will value the capabilities and possibilities it provides. To test one’s approach before investing real capital, an individual may start with a free paper trading account that provides them access to the Bitfinex platform and handles their money with convenience (this is akin to a stock market game).\nScore: 7.0\nTrading Volume: $217,986,015\nInvestors on Bybit can leverage their funds 100 times for Bitcoin and 50 times for other currencies. Additionally, users can also avail the option of purchasing temporary loss insurance. Both the site and the mobile app have attractive features for its loyal investors. Bybit provides traders with the Market Maker Incentive Program, which gives a maker fee reimbursement ofup to 0.015%.\nScore: 7.1\nTrading Volume: $32,635,496\nDue to the presence of a small selection of currencies, Bitstamp is perhaps better suited for freshies\xa0and casual traders. Bitstamp Tradeview, Bitstamp.net,\xa0and Bitstamp Mobile are the three platforms that traders may utilize to trade. On all platforms, trading fees are the same. For users with less than $10,000 in trading activity over the last 30 days, the maximum trading cost on Bitstamp is merely0.50%. Investors who trade larger sums each month would see a significant reduction in fees, which is on par with, or cheaper than what other well-known crypto exchanges charge.\nClick to continue reading and see5 Trusted Bitcoin Investment Sites.\nSuggested Articles:\n• 10 Best Bitcoin Stocks to Invest in\n• 15 Biggest Bitcoin Mining Companies in the World\n• 15 Countries Where Bitcoin is Legal or Illegal\nDisclosure: None.12 Trusted Bitcoin Investment Sitesis originally published on Insider Monkey.", "In this article, we will examine the 12 Trusted Bitcoin investment sites. If you want to skip the detailed analysis, visit5 Trusted Bitcoin investment sites.\nIn today's technologically advanced world, people have come beyond physical assets and currencies in dealing with transactions. That's where cryptocurrency comes in, giving users a convenient way to buy and sell products and services through e-money. However, it's important to be vigilant and conduct due diligence before selecting a cryptocurrency investment platform or site in terms of its reputation, authenticity, current status, and credibility. This article will give useful insight to Bitcoin investors about 12 Trusted Bitcoin investment sites.\nCryptocurrencies remained popular in 2021, especially Bitcoin (BTC). Goldman Sachs started dealing with transactions in cryptocurrencies. In April 2021, Coinbase Global Inc. (NASDAQ:COIN) was among the first crypto exchange platform to go public at a valuation of approx.$100 billion. Alphabet Inc. (NASDAQ:GOOG) shook hands with Coinbase in October 2022 to create feasibility for its cloud computing clients to deal transactions in e-money. Moreover, Microsoft Corporation (NASDAQ:MSFT) also began accepting BTC as payments from users since 2014.\nThe most well-known cryptocurrency, Bitcoin, had a successful year, according to CNBC. Since 2021, the worth of the e-currency has risen by about 70%, driving the total market worth of crypto above$2 trillion. Howev **Last 60 Days of Bitcoin's Closing Prices:** [27307.44, 28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-21 **Financial & Commodity Data:** - Gold Closing Price: $1978.70 - Crude Oil Closing Price: $71.55 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $522,146,415,131 - Hash Rate: 371932494.8664721 - Transaction Count: 486625.0 - Unique Addresses: 542208.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.52 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: In today’s ever-evolving financial landscape, finding smart investment opportunities in stocks and cryptocurrencies can be challenging. However, certain stocks and cryptos stand out from the crowd for those seeking lucrative ventures with high growth potential. Whether you’re an experienced investor or just starting your journey, it’s crucial to identify the best stocks and cryptos to buy now, which offer promising returns and a chance to capitalize on emerging trends. In this article, we will explore three carefully selected stocks and cryptos that have caught the attention of market analysts and are definitely worth watching in the coming months. InvestorPlace - Stock Market News, Stock Advice & Trading Tips As with any investment, conducting thorough research and consulting with financial advisors before making any decisions is crucial. While these stocks and cryptos present exciting prospects, market conditions can change rapidly. Although the markets are in decent shape, things can also change rapidly. By staying informed and vigilant, investors can position themselves to make smart investment choices. With that in mind, here are the three picks worth considering: [{"Symbol": "AXAX-USD", "Cryptocurrency/Company": "Avalanche", "Price": "$14.89"}, {"Symbol": "ADSK", "Cryptocurrency/Company": "Autodesk", "Price": "$193.10"}, {"Symbol": "CXM", "Cryptocurrency/Company": "Sprinklr", "Price": "$11.58"}] Source: FellowNeko / Shutterstock During the challenging crypto winter,Avalanche(AVAX-USD) encountered its fair share of obstacles. However, this innovative cryptocurrency is now on a path of recovery and is gradually regaining the momentum it once had. With its resilience and determination, Avalanche is positioning itself as one of the stocks and cryptos to watch closely for those seeking smart investments with growth potential and the possibility of high returns. Avalanche shines with its exceptional network speed, capable ofprocessing over 4,500 transactions per second (TPS), surpassing the capabilities ofBitcoin(BTC-USD) andEthereum(ETH-USD), which handle 7 and 14 TPS, respectively. Unlike Ethereum, Avalanche can avoid network lag due to its growing popularity. Users may flock to Avalanche for another compelling reason. The Ethereum Virtual Machine (EVM), which serves as Ethereum’s software for creating decentralized applications (dapps), can operate seamlessly on the Avalanche platform. This is advantageous for developers accustomed to building on Ethereum. It allows them to continue utilizing a familiar platform with the added advantage of a faster and more cost-effective blockchain. Furthermore, the presence of the Avalanche bridge simplifies the process of transferring assets between different blockchains, enhancing convenience and accessibility. If you want to check out more altcoins,here is a great listfrom Chris MacDonald. These altcoins can potentially give the big guns of the market a run for their money. And if you are looking for one of the most comprehensive lists of cryptos to buy, I recommendchecking out this piecefrom Thomas Yeung. It profiles an astounding 28 names worth considering! Source: JHVEPhoto / Shutterstock.com Autodesk(NASDAQ:ADSK), a renowned leader in software solutions for the design, engineering, and entertainment industries, is an intriguing choice for those seeking smart investments. The company specializes in imaging and graphic design solutions, focusing on industrial applications rather than media or advertising. Autodesk empowers clients to plan and visualize models for various products, factories, and architectural blueprints through its innovative software offerings. By utilizing software for modeling, businesses can experiment with new ideas, mitigating the need for extensive real-world resources. While Autodesk has maintained a dominant position within specific industrial niches for an extended period, the company has also embarked on a journey of expansion. Notably, it has dedicated efforts to develop cutting-edge software tailored for 3D-printing applications. This strategic expansion has opened new avenues for Autodesk, offering a glimpse of its forward-thinking approach. The company’s business remained resilient throughout the pandemic due to two key factors. Firstly, it offers mission-critical software for various markets, providing natural insulation from competition. Secondly, it establishes user loyalty through sticky cloud-based subscriptions, securing a long-term commitment from its customers. Following the pandemic, the company’s performance remains strong, positioning it well in the event of a potential recession this year. In recent times, Autodesk’s stock price has experienced a retreat from its previous highs, dropping from around $330 per share in 2021 to below $200 today. This decline presents an intriguing opportunity for investors, as the current valuation reflects a significant discount. Source: Piotr Swat / Shutterstock.com When it comes to making smart investment decisions, keeping an eye on the latest trends and opportunities in the stock and cryptocurrency markets is crucial. One such opportunity worth considering isSprinklr(NYSE:CXM), a leading customer experience management platform gaining significant attention. Sprinklr is a customer experience-focused software-as-a-service company. It provides tools and applications to help enterprises effectively manage their online brands and image. With Sprinklr, brands can post and respond to customer feedback across various platforms ensuring a streamlined approach to customer engagement. What sets Sprinklr apart is its ability to assist large enterprises in monitoring numerous channels, ad campaigns, and keywords, allowing them to closely track customer sentiment and their brand’s performance in the market. This comprehensive approach enables companies to gain valuable insights into how customers perceive their brands. The recent excitement surrounding Sprinklr is due to its launch of new products specifically aimed at capturing market share from its main competitor,Sprout Social(NASDAQ:SPT). Sprout’s shares are traded at a high valuation of 8 times revenue, while Sprinklr is at just 5.28 times revenue. This significant difference in valuation presents an opportunity for value investors. Sprinklr’s competitive positioning and innovative product offerings indicate a promising future in financial performance and market share expansion. In my eyes, that is what makes it a smart investment in today’s market. On the publication date, Faizan Farooque did not hold (directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. Faizan Farooque is a contributing author for InvestorPlace.com and numerous other financial sites. Faizan has several years of experience in analyzing the stock market and was a former data journalist at S&P Global Market Intelligence. His passion is to help the average investor make more informed decisions regarding their portfolio. • Buy This $5 Stock BEFORE This Apple Project Goes Live • The Best $1 Investment You Can Make Today • Wall Street Titan: Here’s My #1 Stock for 2023 • It doesn’t matter if you have $500 or $5 million. Do this now. The post3 Stocks and Cryptos That Are a Smart Investment Right Nowappeared first onInvestorPlace.... - Reddit Posts (Sample): [['u/rumi1000', 'First time visitor', 32, '2023-05-21 00:12', 'https://www.reddit.com/r/btc/comments/13nar9f/first_time_visitor/', "Hello,\n\nI got into bitcoin after the fork in 2017 and have never paid much attention to bitcoin cash except thinking its a scam, its centralized, etc..\n\nNow that I'm more interested in Monero and no longer a maxi I though I'd take a look here as well with an open mind.\n\nWhere should I start?", 'https://www.reddit.com/r/btc/comments/13nar9f/first_time_visitor/', '13nar9f', [['u/knowbodynows', 20, '2023-05-21 00:20', 'https://www.reddit.com/r/btc/comments/13nar9f/first_time_visitor/jkyhpzq/', 'This may be too elementary for you, but it is a place to start.\nhttps://whybitcoincash.com/\n\nYou will find that you can ask anything here, but the more specific your question the more satisfyingly detailed will be the answer that returns.', '13nar9f'], ['u/rumi1000', 10, '2023-05-21 00:32', 'https://www.reddit.com/r/btc/comments/13nar9f/first_time_visitor/jkyj5c1/', "I run Bitcoin and Monero nodes and I am already convinced of the need of uncensorable and untraceable digital cash / gold. \n\nMy question is why Bitcoin Cash is better as digital cash than monero and why is it better than Bitcoin as 'digital gold'\n\nAlso, what is the blockchain size, how fast does it grow per year, how many nodes are there, can you run a node behind Tor?", '13nar9f'], ['u/LordIgorBogdanoff', 17, '2023-05-21 01:36', 'https://www.reddit.com/r/btc/comments/13nar9f/first_time_visitor/jkyr2u8/', "'Digital Gold' is a nonsense narrative. It's just propped up by Tether, and they're even softly admitting it now. Beyond scarcity Bitcoin and Gold have little in common.\n\nAs cash, the conversation is more nuanced. Bitcoin Cash has privacy through CashFusion, but it's inferior to Monero iirc.\n\nOn the other hand, it is superior to Monero in terms of scalability (and BTC as well, by a vast margin) with lower fees and faster transaction times\n\nTLDR\nPrivacy: Monero > BCH > BTC\n\nScalability: BCH > Monero > BTC", '13nar9f'], ['u/LordIgorBogdanoff', 13, '2023-05-21 01:41', 'https://www.reddit.com/r/btc/comments/13nar9f/first_time_visitor/jkyrrnv/', 'I should also note, putting on my tinfoil hat, BCH is the most shorted coin alongside Monero, and exchanges have run out of both.\n\nTPTB do not like either coin.', '13nar9f'], ['u/Shibinator', 13, '2023-05-21 05:28', 'https://www.reddit.com/r/btc/comments/13nar9f/first_time_visitor/jkziz84/', "Welcome!\n\nhttps://bitcoincashpodcast.com/start\n\nhttps://bitcoincashpodcast.com/faqs\n\nI'm sure a lot of this will make sense if you have an open mind.", '13nar9f'], ['u/Shibinator', 20, '2023-05-21 05:30', 'https://www.reddit.com/r/btc/comments/13nar9f/first_time_visitor/jkzj3si/', "> My question is why Bitcoin Cash is better as digital cash than monero\n\nhttps://bitcoincashpodcast.com/faqs/Cryptocurrency/what-about-monero-xmr\n\n> and why is it better than Bitcoin as 'digital gold'\n\nhttps://bitcoincashpodcast.com/faqs/BCH/why-bitcoin-cash\n\nhttps://bitcoincashpodcast.com/faqs/BCH-vs-BTC/whats-wrong-with-bitcoin-btc\n\n> what is the blockchain size, \n\nCurrently 188 GB.\n\n> how fast does it grow per year, \n\nNot that fast, BCH traffic is relatively low at the moment, about 100kb / block average. Hopefully we can greatly increase that though as the community gains momentum. So far slower than BTC at the moment.\n\n> how many nodes are there, \n\nAround 750-1000 usually, depends who you ask though.\n\nhttps://blockchair.com/bitcoin-cash\n\n> can you run a node behind Tor?\n\nI assume yes, it's the same as any other crypto.", '13nar9f']]], ['u/surfer167', 'How to buy XRP?', 21, '2023-05-21 02:29', 'https://www.reddit.com/r/XRP/comments/13ndtgk/how_to_buy_xrp/', 'Hey everyone, I’ve been observing from a far on all crypto but I can see the implementation of XRP and global digital payments (CBDC’s) being used in the near future. I want to know how to actually buy into XRP, I have a Coinbase account with some Bitcoin and ETH but obviously it’s not listed on there. Let me know what is the best place to buy XRP. I’m open to any advice and mentorship as well. I want to be able to build generational wealth as the economy shifts and wages against this economical revolution! \nThanks - $', 'https://www.reddit.com/r/XRP/comments/13ndtgk/how_to_buy_xrp/', '13ndtgk', [['u/AnonAzy2', 18, '2023-05-21 02:32', 'https://www.reddit.com/r/XRP/comments/13ndtgk/how_to_buy_xrp/jkyxsoq/', 'KuCoin this has been ask 1billions time search the forum next time my friend good luck', '13ndtgk'], ['u/MAH654', 21, '2023-05-21 02:34', 'https://www.reddit.com/r/XRP/comments/13ndtgk/how_to_buy_xrp/jkyy1k2/', 'I bought mine on Uphold. That is or at least was, the only place you could buy it if you were US based. I know people were getting ripped off on Lobstr. There are sites that try to catch people with fake ones or closely sounding wording to fool newbies. I’d just stick to uphold. I have had no issues.', '13ndtgk'], ['u/surfer167', 12, '2023-05-21 03:01', 'https://www.reddit.com/r/XRP/comments/13ndtgk/how_to_buy_xrp/jkz1bwa/', 'Well what can we do about it? Might as well make a pretty penny or am I wrong? Wouldn’t that be the smart investment', '13ndtgk'], ['u/Ant_Swagna', 11, '2023-05-21 03:24', 'https://www.reddit.com/r/XRP/comments/13ndtgk/how_to_buy_xrp/jkz4643/', 'Uphold, KuCoin, and MEXC is what I recommend. I use all three personally and actively trade several days a week using KuCoin and MEXC. MEXC is my favorite for using leverage to either short or long digital assets. All three platforms I listed are easy for sending your XRP to your cold storage wallet such as a Trezor or Ledger. Buy it while you can for the cheap. Under $1 is a blessing…. This will hit $100 easily, then eventually $500+. Don’t make the biggest mistake of your financial life and not snag a big bag. Every 10,000 XRP = $1,000,000 when XRP hits $100. So snag at-least 50,000 XRP to solidify your future!', '13ndtgk'], ['u/neily50', 17, '2023-05-21 03:36', 'https://www.reddit.com/r/XRP/comments/13ndtgk/how_to_buy_xrp/jkz5jdh/', 'Your government are corrupt as fuck… leave the 🇺🇸 USA. Thieving scum.', '13ndtgk']]], ['u/Mojo-ManVixen', 'NBA Topshop Retirement Portfolio', 16, '2023-05-21 03:51', 'https://www.reddit.com/r/nbatopshot/comments/13nfkrj/nba_topshop_retirement_portfolio/', 'Which NBA Topshot cards should I invest in to secure a lucrative retirement portfolio? With Bitcoin projected to be over $1M a coin in 10 years, I wonder whether I should just put all my money various crypto or spend all my disposable income on Topshots. Thanks!', 'https://www.reddit.com/r/nbatopshot/comments/13nfkrj/nba_topshop_retirement_portfolio/', '13nfkrj', [['u/mattw08', 13, '2023-05-21 04:04', 'https://www.reddit.com/r/nbatopshot/comments/13nfkrj/nba_topshop_retirement_portfolio/jkz8xuw/', 'Do you want to retire or work forever?', '13nfkrj'], ['u/Full-Description-291', 70, '2023-05-21 04:05', 'https://www.reddit.com/r/nbatopshot/comments/13nfkrj/nba_topshop_retirement_portfolio/jkz90bq/', 'How about you just give me all your money. That way you still lose everything, but at least you help someone else in the process.\n\nWant to save for retirement? Get an IRA, put your money in an index fund, you absolute muppet. Only gamble on speculative investments with speculative money.', '13nfkrj'], ['u/Bboy1830', 26, '2023-05-21 04:05', 'https://www.reddit.com/r/nbatopshot/comments/13nfkrj/nba_topshop_retirement_portfolio/jkz90za/', 'Bruce Brown', '13nfkrj'], ['u/HumanNumberFour', 10, '2023-05-21 14:53', 'https://www.reddit.com/r/nbatopshot/comments/13nfkrj/nba_topshop_retirement_portfolio/jl0u7a5/', 'Lol this has to be a troll post.', '13nfkrj']]], ['u/SoftRelease3955', 'Simple way to explain why bitcoin can’t be hacked.', 16, '2023-05-21 03:54', 'https://www.reddit.com/r/Bitcoin/comments/13nfmko/simple_way_to_explain_why_bitcoin_cant_be_hacked/', 'Was having a fire with my brother in law this evening and was trying to explain the concept of Bitcoin. He kept saying it’s inevitable AI and super computers will be able to disrupt the network or recover your private key. I tried my hardest to give him a explanation but I feel like it was half ass. Would you guys be able to help fabricate a simple explanation you could give a none bitcoiner why this wouldn’t be possible. Thanks', 'https://www.reddit.com/r/Bitcoin/comments/13nfmko/simple_way_to_explain_why_bitcoin_cant_be_hacked/', '13nfmko', [['u/The-Francois8', 10, '2023-05-21 04:06', 'https://www.reddit.com/r/Bitcoin/comments/13nfmko/simple_way_to_explain_why_bitcoin_cant_be_hacked/jkz96jj/', 'Simplest answer is because if it could be done, someone would have already done it.', '13nfmko'], ['u/castorfromtheva', 12, '2023-05-21 04:19', 'https://www.reddit.com/r/Bitcoin/comments/13nfmko/simple_way_to_explain_why_bitcoin_cant_be_hacked/jkzaryn/', 'Don\'t start offering bitcoin as a solution when your audience doesn\'t even get that fiat is a ponzi. Other than that ignorant people don\'t deserve more than a "Have fun staying poor".\n\nExplaining tech would here just be a waste of time for you. His arguments show he *believes* a lot. And *knows* a little.', '13nfmko'], ['u/Top-Dragonfruit-8199', 24, '2023-05-21 04:21', 'https://www.reddit.com/r/Bitcoin/comments/13nfmko/simple_way_to_explain_why_bitcoin_cant_be_hacked/jkzayns/', '“Brute force attacks against 256-bit encryption will be infeasible until computers are built from something other than matter and occupy something other than space.”\n\n1) AI and quantum computing be damned, it’s effectively impossible for sha-256 to be cracked\n\n2) if humans think it will be, there’s nothing that says BTC can’t move to 512-bit encryption, and so on', '13nfmko'], ['u/IIIIIIllllllll0', 35, '2023-05-21 05:34', 'https://www.reddit.com/r/Bitcoin/comments/13nfmko/simple_way_to_explain_why_bitcoin_cant_be_hacked/jkzjloj/', 'By the same logic his bank account and stock bro... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening: Prices: Bitcoin is in consolidation mode before an eventual retest of $30,000, says BitBull Capital. Insights: The crypto industry is spending less than other industries on lobbying. That may need to change. Prices CoinDesk Market Index (CMI) 1,179.39 −18.1 ▼ 1.5% Bitcoin (BTC) $26,593 −517.1 ▼ 1.9% Ethereum (ETH) $1,798 −24.0 ▼ 1.3% S&P 500 daily close 4,191.98 −6.1 ▼ 0.1% Gold $1,981 +2.6 ▲ 0.1% Treasury Yield 10 Years 3.69% ▲ 0.0 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET CoinDesk Market Index (CMI) 1,179.39 −18.1 ▼ 1.5% Bitcoin (BTC) $26,593 −517.1 ▼ 1.9% Ethereum (ETH) $1,798 −24.0 ▼ 1.3% S&P 500 daily close 4,191.98 −6.1 ▼ 0.1% Gold $1,981 +2.6 ▲ 0.1% Treasury Yield 10 Years 3.69% ▲ 0.0 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET Good morning Asia, Bitcoin and ether are continuing their downward drift. Bitcoin is opening the Asia trading week down 1.3% to $26,779, while ether is down 0.8% to $1,806. During the last month, bitcoin has primarily been in consolidation mode. Drifting downward ever so slowly, but still maintaining its value, down just 2% over the last 30 days – a much-needed break for investors from the roller-coaster of last year. “Bitcoin has corrected to levels between $27k and $25k. This is where we’d like to see some consolidation before a retest of $30k in the coming days,” Joe DiPasquale, CEO of BitBull Capital, said to CoinDesk in a note. “While the market may not rally in the near term, the price action is following expectations as we witness consolidation during bearish sentiment.” Meanwhile, Tornado Cash’s TORN token has begun to recover after the protocol’s DAO was the victim of vote fraud over the weekend. This attack – which was not an exploit or hack – involved an attacker putting forward a proposal that looked benign on the surface but allowed the attacker access to all governance votes via some hidden malicious code. Story continues In the aftermath, the protocol’s TORN token dropped 40% to $3.59 from $5.76, but is now recovering and up to $4.66. The Tornado Cash community is proposing solutions to revert the unauthorized code changes and considering creating a new contract with airdropped tokens for existing holders. Asset Ticker Returns DACS Sector Gala GALA −6.0% Entertainment Terra LUNA −4.5% Smart Contract Platform Solana SOL −4.3% Smart Contract Platform Insights The Crypto Industry\'s Lobbying Deficit A recent report from Washington, D.C.-based political watchdog Open Secrets shows that first-quarter federal lobbying has topped $1 billion for the second consecutive year. Some expected industries lead the rankings in lobbying spend: healthcare, finance, real estate and energy. Overall in 2022, industries and activist groups of all shapes and sizes spent $4.1 billion on federal lobbying efforts. As for crypto? Despite increasing regulatory hostility from D.C, crypto’s actual lobbying spend came in at $21.6 million for the year, according to Open Secrets data. Certainly, this is an increase from years prior, but as an industry with a market cap of just over $1 trillion, it wouldn’t even crack the top-20 list for lobbying spend. In comparison, big pharma spent $375.2 million in 2022. The automotive industry spent $82 million, and commercial banks paid $64.6 million to lobbyists that year. The industry\'s political contributions to election campaigns grew tenfold from 2020 to 2022, totaling $2.3 million in the latter, Open Secrets recently reported . Major contributors included Coinbase, which alone spent $3.4 million on lobbying. Open Secrets’ data shows that lobbying by crypto majors is up during the first quarter of the year. Tether has spent $270,000 lobbying in the first quarter of 2023, which doesn’t sound like much, but is a huge jump over its first quarter 2022 spend of $100,000. Tether\'s jump in lobbying spend during the first quarter of the year (OpenSecrets) The Blockchain Association is up as well , to $490,000 spent this quarter compared to $460,000 for the same time last year. Stablecoin issuer Paxos also saw a huge jump , with its lobbying spend rising from $50,000 in Q1 2022 to $80,000 this past quarter. Of course, this is all dwarfed by TradFi lobbying spending. The American Bankers Association spent $2 million during this past quarter , while Citigroup spent $1.4 million. Sadly, successful businesses need to lobby to become more successful. That’s just the nature of modern politics. And it looks like crypto must do more of it. Important events. Bitcoin Pizza Day The Future of U.K. Crypto Regulation 9:15 a.m. HKT/SGT(1:15 a.m. UTC): People\'s Bank of China interest rate decision CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Ripple Exec Discusses CBDC Platform Rollout; Axie Infinity Game Debuts on Apple App Store in Key Markets Ripple is starting a central bank digital currency (CBDC) platform which allows central banks, governments, and financial institutions to issue their own digital currency. Ripple Vice President of Central Bank Engagements and CBDCs James Wallis joined "First Mover" to discuss. Plus, Sky Mavis, which is behind NFT project Axie Infinity, is launching its Axie Infinity: Origins card game on the Apple App Store in key markets where the game is most popular. Sky Mavis co-founder Jeffrey \'Jihoz\' Zirlin shared his insights. Bitwise Asset Management President Teddy Fusaro and Southern Methodist University Dedman School of Law assistant professor Carla Reyes also joined the conversation. Headlines Bitcoin Payments App Strike Expands to More Than 65 Countries From Three: Strike, led by Jack Mallers, currently operates in the U.S. and El Salvador. Now it\'s pushing into new markets in Africa, Latin America, Eastern Europe, Asia and the Caribbean – from Antigua and Barbuda to Vanuatu and Zambia. Sotheby\'s Auctions Part of 3AC\'s Rare NFT Collection, Bringing In $2.4 Million: The highest-priced NFTs from Part 1 of the Grails collection are Fidenza #725 and Autoglyph #187. Demand for Tokenized Treasury Bonds Soars as Crypto Investors Chase TradFi Yield: The combined market capitalization of tokenized money market funds is nearing $500 million as high yields in traditional markets attract crypto capital. U.S. Sanctions Watchdog Alleges Russia-Linked Crypto Wallet Processed $5M: An Irish national helped wealthy Russians evade sanctions and hide money in UAE, OFAC said Friday. Ledger’s Hard Lesson: Being Right Isn\'t Good Enough: Public communication doesn’t work like computer code. The French hardware wallet maker learned that the hard way.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin is in consolidation mode before an eventual retest of $30,000, says BitBull Capital.\nInsights:The crypto industry is spending less than other industries on lobbying. That may need to change.\nCoinDesk Market Index (CMI)\n1,179.39\n−18.1▼1.5%\nBitcoin (BTC)\n$26,593\n−517.1▼1.9%\nEthereum (ETH)\n$1,798\n−24.0▼1.3%\nS&P 500 daily close\n4,191.98\n−6.1▼0.1%\nGold\n$1,981\n+2.6▲0.1%\nTreasury Yield 10 Years\n3.69%\n▲0.0\nBTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET\n[["1,179.39", "\\u221218.1\\u25bc1.5%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$26,593", "\\u2212517.1\\u25bc1.9%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,798", "\\u221224.0\\u25bc1.3%"], {"CoinDesk Market Index (CMI)": "S&P 500 daily close"}, ["4,191.98", "\\u22126.1\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,981", "+2.6\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "Treasury Yield 10 Years"}, ["3.69%", "\\u25b20.0"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET"}]\nGood morning Asia,\nBitcoin and ether are continuing their downward drift. Bitcoin is opening the Asia trading week down 1.3% to $26,779, while ether is down 0.8% to $1,806.\nDuring the last month, bitcoin has primarily been in consolidation mode. Drifting downward ever so slowly, but still maintaining its value, down just 2% over the last 30 days – a much-needed break for investors from the roller-coaster of last year.\n“Bitcoin has corrected to levels between $27k and $25k. This is where we’d like to see some consolidation before a retest of $30k in the coming days,” Joe DiPasquale, CEO of BitBull Capital, said to CoinDesk in a note. “While the market may not rally in the near term, the price action is following expectations as we witness consolidation during bearish sentiment.”\nMeanwhile, Tornado Cash’s TORN token has begun to recover after the protocol’s DAO was thevictim of vote fraud over the weekend.This attack – which was not an exploit or hack – involved an attacker putting forward a proposal that looked benign on the surface but allowed the attacker access to all governance votes via some hidden malicious code.\nIn the aftermath, the protocol’s TORN token dropped 40% to $3.59 from $5.76, but is now recovering and up to $4.66.\nThe Tornado Cash community is proposing solutions to revert the unauthorized code changes and considering creating a new contract with airdropped tokens for existing holders.\n[{"Asset": "Gala", "Ticker": "GALA", "Returns": "\\u22126.0%", "DACS Sector": "Entertainment"}, {"Asset": "Terra", "Ticker": "LUNA", "Returns": "\\u22124.5%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Solana", "Ticker": "SOL", "Returns": "\\u22124.3%", "DACS Sector": "Smart Contract Platform"}]\nThe Crypto Industry\'s Lobbying Deficit\nA recent reportfrom Washington, D.C.-based political watchdog Open Secrets shows that first-quarter federal lobbying has topped $1 billion for the second consecutive year.\nSome expected industries lead the rankings in lobbying spend: healthcare, finance, real estate and energy.\nOverall in 2022, industries and activist **Last 60 Days of Bitcoin's Closing Prices:** [28333.97, 27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-22 **Financial & Commodity Data:** - Gold Closing Price: $1974.80 - Crude Oil Closing Price: $71.99 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $521,042,894,156 - Hash Rate: 354690591.1309403 - Transaction Count: 499281.0 - Unique Addresses: 604303.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.49 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Tether is to start regular purchases of Bitcoin to bolster its excess reserves, the stablecoin issuer said in anannouncementon Wednesday. The company will allocate up to 15% of its net realized operating profits for buying up the world’s largest cryptocurrency, starting this month. “Bitcoin has continually proven its resilience and has emerged as a long-term store of value with substantial growth potential,” said Paolo Ardoino, Tether’s CTO. “Its limited supply, decentralized nature, and widespread adoption have positioned Bitcoin as a favored choice among institutional and retail investors alike.” Tether mintsUSDT—the third-largest cryptocurrency afterBitcoinandEthereumand the industry’s biggeststablecoin. Stablecoins are cryptocurrencies with prices pegged to “stable” assets, like the U.S. dollar. The company already holds around $1.5 billion worth of Bitcoin in its reserves, as per anassurance reportfrom March this year. The amount put towards the new investment strategy will be based on realized profits, which does not include unrealized gains from price increases within the portfolio. Ardoinosaid on Twitterthat the company has accrued $2.5bn in excess reserves on top of the 100% reserves that back issued tokens. This is a result of interest rates on U.S. Treasury bills and other investments such as gold. “While banks can do fractional reserve, we believe that's not a viable strategy for a stablecoin, so it's crucial that Tether keeps an additional cushion to further protect its user base,” he said. In its most recent financial update, Tether boasted of“tremendous success”as it said net profits had hit $1.48 billion in the first quarter, while reserves are at an all-time high. But the business was recentlyhit by accusationsthat its reserve claims are “dubious,” with former former Securities and Exchange Commission enforcement attorney John Reed Stark arguing that the firm’s regular unaudited attestations are “meaningless.” Tether Boasts Record Profits—But Reserve Claims Remain 'Dubious', Says Former SEC Attorney Tether’s critics have voiced concerns over whether it provides sufficient disclosure regarding the U.S. dollar reserves which supposedly back USDT. TheWall Street Journalreportedin March that companies backing USDT used fake documents and shell companies, an allegation Tether said was “wholly inaccurate and misleading.”... - Reddit Posts (Sample): [['u/kurobainu', 'FtM, how hard is it to actually do DIY?', 119, '2023-05-22 00:09', 'https://www.reddit.com/r/TransDIY/comments/13o7xgt/ftm_how_hard_is_it_to_actually_do_diy/', "FtM living in Florida, currently working on getting a legit prescription but it's really difficult due to new legislation. If getting HRT legally doesn't work out, I'm curious to know how hard it actually is to obtain T not so legally?\n\n I've had a site recommended to me from another FtM guy that sells vials but they only accept bitcoin payment. I have some bitcoin in a wallet because I got it as a gift but I've never actually used it and I have no idea how. Aside from that, do I need to use a different browser like the kind people use to go on the deep web? Do I need to use a VPN to avoid being tracked? I'm unsure of how heavily monitored this kind of thing is and I don't know what precautions to take. \n\nI've also heard people say to use your legal name on packages in case the post office opens it and sees it's a medication vial. Also, how risky is it if the post office sees a controlled substance being shipped to me? Would they even care? \n\nSorry for the long post I am just very limited on options right now and I'm not very knowlegeable on DIY.", 'https://www.reddit.com/r/TransDIY/comments/13o7xgt/ftm_how_hard_is_it_to_actually_do_diy/', '13o7xgt', [['u/definitelynotreal333', 93, '2023-05-22 01:27', 'https://www.reddit.com/r/TransDIY/comments/13o7xgt/ftm_how_hard_is_it_to_actually_do_diy/jl39m1c/', 'If a controlled substance shipment of T is seized, basically the only people who get in trouble is the distributor, its really unheard of for an individual to be prosecuted.', '13o7xgt'], ['u/ufo9x9', 46, '2023-05-22 01:39', 'https://www.reddit.com/r/TransDIY/comments/13o7xgt/ftm_how_hard_is_it_to_actually_do_diy/jl3b3mu/', "You'll probably be fine. Even if the package is seized, a lot of websites will refund/reship, and any consequences are on their end as a distributor. I had no problem ordering using Bitcoin through Cashapp. Keep all receipts related to the process, though, as sometimes they will ask for the Bitcoin receipt number to confirm payment. I ordered and had mine in about 2 weeks, and I had it shipped to a friend's house using their name. No issues, although if you live in an apartment, you might make sure it has your legal name on the package so it doesn't get sent back (most sites won't reship if this happens). Having T seized is pretty much unheard of, and there's no problem with not using a VPN or anything (although you totally can for peace of mind).", '13o7xgt'], ['u/VoidDemon0226', 24, '2023-05-22 02:04', 'https://www.reddit.com/r/TransDIY/comments/13o7xgt/ftm_how_hard_is_it_to_actually_do_diy/jl3e6xi/', "If you'd like to talk more in depth, I have a Telegram which is a safer method of talking, but as someone who's doing it and has been helping someone in Alabama do it, it's not as difficult as you'd think. It's always good to be weary, but the market for T is overwhelmingly cis men meatheads (and, funnily enough, cops), so it's not really crazy regulated. Doesn't mean you don't gotta be careful of course, just be smart, use bitcoin, and don't fly with them.\n\nUse your legal name or preferred name on the package, not so much for the post office ripping it open, but so the post office is able to get it to you properly.", '13o7xgt'], ['u/VoidDemon0226', 24, '2023-05-22 02:40', 'https://www.reddit.com/r/TransDIY/comments/13o7xgt/ftm_how_hard_is_it_to_actually_do_diy/jl3in8e/', '"Funny enough" was the wording bc cops are POS\'s that are valued above the law, so the same drugs they are paid to enforce the legality of, they are the market for it, similar to fentanyl', '13o7xgt'], ['u/firestorm713', 23, '2023-05-22 12:07', 'https://www.reddit.com/r/TransDIY/comments/13o7xgt/ftm_how_hard_is_it_to_actually_do_diy/jl4zdna/', "This. You have no control over who sends things to your address, so once it gets stopped in customs, that's generally end of the line and they don't investigate further.", '13o7xgt']]], ['u/mbdtf95', 'On this day 13 years ago, a trade was done when forum user paid 10,000 BTC for 2 pizzas. Happy Bitcoin Pizza day.', 486, '2023-05-22 00:33', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/', "Right now it's May 22nd, at least on my timezone, which means 13 years ago Laszlo Hanyecz, a BTCtalk forum user decided he wanted to trade Bitcoin for some real life good. As pretty much most of you know he made a deal with another user that he would order him 2 pizzas in exchange for 10,000 BTC and the rest is history.\n\n Since then this has become a day called Bitcoin Pizza day celebrated amongst crypto community. By today's Bitcoin prices he paid about 135 million USD for each pizza. So hopefully it was a pretty great pizza for Laszlo that he doesn't regret buying.", 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/', '13o8jf8', [['u/deftaj', 16, '2023-05-22 00:40', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/jl33am1/', '*Someone* set a reminder and flew to Australia so they could be the first person to post this today', '13o8jf8'], ['u/RuneW007', 11, '2023-05-22 00:48', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/jl34h3x/', 'Let’s all eat pizza tonight in his honor 🍕', '13o8jf8'], ['u/_redboy_', 85, '2023-05-22 00:54', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/jl359to/', 'Everyone is talking about the person who bought the pizza and gave bitcoins, but I am interested in what the person who sold the pizza for 10,000 bitcoins did with those bitcoins.🤔', '13o8jf8'], ['u/Elie0_0', 44, '2023-05-22 01:02', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/jl36a0q/', "Probably ended up selling after a 5 or 10x, which would've been great if he had a lot more alongside the 10,000", '13o8jf8'], ['u/_redboy_', 12, '2023-05-22 01:07', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/jl36wbs/', 'More than excellent', '13o8jf8'], ['u/MaeronTargaryen', 14, '2023-05-22 01:13', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/jl37sxf/', 'Probably sold after a x2 or x3, or lost the seed phrase', '13o8jf8'], ['u/dark_deadline', 11, '2023-05-22 01:35', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/jl3anmv/', 'Only if he held onto bitcoin for some years at least.......', '13o8jf8'], ['u/Elie0_0', 11, '2023-05-22 02:59', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/jl3l1i9/', 'Well, he sold them when they were worth nothing, and actually used Bitcoin as it was supposed to', '13o8jf8']]], ['u/TheNano100', 'It just costs $125 to be part of the 21M club!', 91, '2023-05-22 00:43', 'https://www.reddit.com/r/Hedera/comments/13o8rp7/it_just_costs_125_to_be_part_of_the_21m_club/', 'I remember there was an old post from the BTC community some years ago where people were encouraged to buy a whole bitcoin in order to be part of the 21 Million Club, because of the max supply being 21M.\n\nTherefore, since there will only be 50B HBAR coins, I want to do the same and encourage people to buy at least 2381 HBAR and be part of the 21 Million Club. At the moment of writing this costs a little bit more than $125.\n\nDo not feel small by buying such a little amount, be part of the 21M Club!', 'https://www.reddit.com/r/Hedera/comments/13o8rp7/it_just_costs_125_to_be_part_of_the_21m_club/', '13o8rp7', [['u/cyhiandra', 27, '2023-05-22 00:52', 'https://www.reddit.com/r/Hedera/comments/13o8rp7/it_just_costs_125_to_be_part_of_the_21m_club/jl34xsa/', "I like your thinking. People criticise the 50B HBAR supply, but this puts it into context.\n\nAnother person previously put it this way: only 500,000 people can own 100,000 HBAR (I think my math stacks up....)\n\nAt $0.052 per HBAR, that's only USD $5,200 to be one of the half a million people globally in that rank.\n\nIf you go to a million HBAR, there can only be 50,000 people globally owning that much theoretically, but of course less because of all the other holders above and below. \n\nIt's not much, when you look at it like that.", '13o8rp7'], ['u/The_Acrobatic_potato', 11, '2023-05-22 00:59', 'https://www.reddit.com/r/Hedera/comments/13o8rp7/it_just_costs_125_to_be_part_of_the_21m_club/jl35vfr/', 'I like this math breakdown. Makes me want to get more', '13o8rp7'], ['u/DailyUpsAndDowns', 23, '2023-05-22 01:02', 'https://www.reddit.com/r/Hedera/comments/13o8rp7/it_just_costs_125_to_be_part_of_the_21m_club/jl36cc5/', 'Are we prepared to make a pact? Everyone buy in!', '13o8rp7'], ['u/kazkdp', 24, '2023-05-22 01:06', 'https://www.reddit.com/r/Hedera/comments/13o8rp7/it_just_costs_125_to_be_part_of_the_21m_club/jl36ssu/', "It's strange that I was going to post something similar. \nI noticed that the hedera Twitter account has nearly 300k followers. \n\nRounding up, \n\nThat's means 166k each and the 50B is gone. \n\nPOLLY Twitter had nearly 1 million followers. At those numbers, it's just 50k each. \n\nThe world is rather BIG.....", '13o8rp7'], ['u/Sporesword', 42, '2023-05-22 01:47', 'https://www.reddit.com/r/Hedera/comments/13o8rp7/it_just_costs_125_to_be_part_of_the_21m_club/jl3c5fa/', "I'm still working on getting to 10,000.", '13o8rp7'], ['u/ka0_1337', 19, '2023-05-22 02:01', 'https://www.reddit.com/r/Hedera/comments/13o8rp7/it_just_costs_125_to_be_part_of_the_21m_club/jl3dtyc/', "Well I'm closing in on 200k myself. Not stopping until I have 500k+ maybe ill shoot for 1 mill before 2025", '13o8rp7'], ['u/eliminator-n36', 13, '2... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening: Prices: Bitcoin at $26.8K maintains its debt-ceiling holding pattern. Insights: Crypto as a hedge? The citizens in two large, emerging countries and other major significant economies seem to be turning to digital assets as their currencies struggle. Prices CoinDesk Market Index (CMI) 1,162 +4.9 ▲ 0.4% Bitcoin (BTC) $26,866 +108.3 ▲ 0.4% Ethereum (ETH) $1,819 +13.9 ▲ 0.8% S&P 500 4,192.63 +0.6 ▲ 0.0% Gold $1,972 −6.7 ▼ 0.3% Nikkei 225 31,086.82 +278.5 ▲ 0.9% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,162 +4.9 ▲ 0.4% Bitcoin (BTC) $26,866 +108.3 ▲ 0.4% Ethereum (ETH) $1,819 +13.9 ▲ 0.8% S&P 500 4,192.63 +0.6 ▲ 0.0% Gold $1,972 −6.7 ▼ 0.3% Nikkei 225 31,086.82 +278.5 ▲ 0.9% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Boring Bitcoin Slumbers Near $27K Bitcoin held comfortably in its most recent range on Monday as investors weighed the latest developments in the U.S. debt ceiling stalemate. The largest cryptocurrency by market capitalization was recently trading at about $26,866, up 0.4%. BTC has hovered between $26,500 and $27,500 for almost two weeks, according to CoinDesk data , amid macroeconomic uncertainties, including concerns that U.S. President Joe Biden and House leadership would be unable to reach an agreement about raising the country’s debt limit. “Crypto traders are not sure how Bitcoin will behave throughout the next several days of debt ceiling negotiations,” Edward Moya, senior market analyst for foreign exchange market maker Oanda, wrote in a note. Moya added: The risk of default is very small but if it were to happen, that could feel like an uppercut to risk appetite, which would send cryptos sharply lower. Bitcoin appears content to trade near the lower boundaries of its recent trading range between $26,500 and $30,000.” Since 1960, the government has increased the debt limit 78 times, but the current, charged political environment has raised anxiety about the willingness of lawmakers to work together. Story continues In a letter to Speaker of the House Kevin McCarthy (R-Calif.), U.S. Treasury Secretary Janet Yellen reiterated a May 15 warning that without an agreement, “the Treasury Department would be unable to satisfy all the government’s obligations by early June, and potentially as early as June 1.” “We have learned from past debt limit impasses that waiting until the last minute to suspend or increase the debt limit can cause serious harm to business and consumer confidence, raise short-term borrowing costs for taxpayers, and negatively impact the credit rating of the United States,” Yellen added. “We have already seen Treasury’s borrowing boats increase substantially for securities maturing in June.” Ether was recently changing hands at about $1,820, up 0.8%. The second largest crypto in market value has been similarly range-bound between $1,750 and $1,850 over the past two weeks. Other major cryptos were largely in the green, albeit paler shades, with TRX and AVAX, the tokens of smart contracts platform Tron and Avalanche, recently up 3.8% and 2.3%, respectively. The CoinDesk Market Index, a measure of crypto markets performance, recently rose 0.4% Among major equity indexes, the tech-focused Nasdaq Composite climbed 0.5% to hit a 2023 high, while the S&P 500, which has a vital technology component, and Dow Jones Industrial Average (DJIA) ticked up 0.2% and 0.4%, respectively. Yields on Treasurys rose, and the price of gold sank slightly to $1,990, well below its near-record high early this month when investors were turning more to safe-haven assets. Meanwhile, in an interview with CoinDesk TV’s “First Mover” program Monday, Ahmed Ismail, CEO of quant-based liquidity aggregator Fluid, said that the retreat of market makers Jane Street and Jump Trading from crypto trading in the U.S. had spooked investors, decreasing an already dwindling supply of market liquidity. “One of the very big problems that crypto suffers with is liquidity being massively fragmented, and events such as this only exacerbate the problem,” Ismail said. “So what we\'re seeing right now is there is not much activity because liquidity is even more fragmented, and markets are very inefficient. As a result, you will see I think we are seeing certain narratives coming back. Ismail noted an increase in call options on crypto exchange Bybit, a signal of unrest about the debt ceiling and other macroeconomic uncertainties. “The narrative of people taking liquidity out because they’re afraid of what’s going to happen and the uncertainty around the debt ceiling, that’s certainly a huge problem in keeping (the) crypto crisis so narrow now.” Biggest Gainers Asset Ticker Returns DACS Sector Shiba Inu SHIB +3.4% Currency Avalanche AVAX +2.7% Smart Contract Platform Polygon MATIC +1.9% Smart Contract Platform Biggest Losers Asset Ticker Returns DACS Sector Loopring LRC −0.5% Smart Contract Platform Terra LUNA −0.5% Smart Contract Platform Solana SOL −0.3% Smart Contract Platform Insights Crypto as Hedge With the U.S. mired in political stasis while other regions build crypto frameworks, it’s worth looking at the evolution of, and outlook for, on-the-ground demand for crypto assets. This is getting more and more relevant as many large countries struggle with skyrocketing inflation, shaky currencies and autocratic control over financial access, and as populations become increasingly crypto-aware and a lack of trust in centralized institutions grows. Last week, the government of Pakistan (the fifth largest country in the world in terms of population, with over 239 million inhabitants) was reported to have said that cryptocurrencies “will never be legalized” in Pakistan, in order to avoid FATF penalties . Noelle Acheson is the former head of research at CoinDesk and Genesis Trading. This article is excerpted from her Crypto Is Macro Now newsletter, which focuses on the overlap between the shifting crypto and macro landscapes. These opinions are hers, and nothing she writes should be taken as investment advice. This may sound on the surface like an overreaction to FATF’s crypto stance – last Thursday, the organization’s president published a letter titled “ An end to the lawless crypto space ” which urges crypto regulation rather than a total ban. Then again, Pakistan has a somewhat tense relationship with the FATF, and just last October was taken off its “grey list” (which labels certain countries as having “deficiencies” in their AML controls, which in turn can lead to limited participation in global finance). It’s also not hard to see the hand of the International Monetary Fund. Pakistan is currently in talks with the organization regarding a bailout package, although negotiations seem stalled and concern about the country’s political and economic issues is starting to affect neighboring nations. The IMF has not been shy about its unease with crypto markets, and a few months ago, reports surfaced that it had applied crypto-suppression conditions to negotiations with Argentina. Read the full story here: Important events. 4:00 p.m. HKT/SGT(8:00 UTC) Hamburg Commercial Bank Composite PMI (May) 4:30 p.m. HKT/SGT(8:30 UTC) United Kingdom S&P Global/CIPS Services PMIU (May) 6:45 p.m. HKT/SGT(22:45 UTC) New Zealand Retail Sales (QoQ/Q1) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Bitcoin Sees Tightest Price Range in Months; Polygon Co-Founder on Web3 Outlook Glassnode data revealed that bitcoin (BTC) is settling into the tightest price range it has seen in months, despite looming concerns about the stability of U.S. regional banks and the country\'s debt ceiling. FLUID CEO Ahmed Ismail shared his crypto markets analysis. Plus, Polygon co-founder Sandeep Nailwal discussed launching a Web3 fellowship program. And, Litecoin Foundation managing director Alan Austin weighed in on the recent surge in Litecoin activity amid the frenzy surrounding Ordinals. Headlines Tether Trading Volume Falls to Multi-Year Lows, Market Cap Rise Is ‘Questionable,’ Kaiko : Trading with Tether’s USDT stablecoin has fallen to its lowest level in four years, while its market capitalization nears an all-time high of $83 billion. Seeking Grants Deal with Osmosis, Privacy Blockchain Namada Proposes Airdrop : Ahead of its mainnet launch Namada’s builders are trying to ink an array of tech and token partnerships. U.S. Debt Deal Could Weigh On Bitcoin Price, Some Say : The Treasury\'s efforts to build back cash balances after resolution of the debt limit situation might suck out dollar liquidity from system, pushing bitcoin lower. DEX Mangrove Launches on Polygon Testnet, Plans to Go Live on Mainnet in June : Wintermute and Cumberland-backed Mangrove plans a mainnet launch of its programmable order book DEX in early June. Gemini Says Genesis Parent DCG Missed $630 Million Payment : Gemini says it is working with Genesis, DCG, and creditors to provide forbearance to DCG in order to avoid a default.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin at $26.8K maintains its debt-ceiling holding pattern.\nInsights:Crypto as a hedge? The citizens in two large, emerging countries and other major significant economies seem to be turning to digital assets as their currencies struggle.\nCoinDesk Market Index (CMI)\n1,162\n+4.9▲0.4%\nBitcoin (BTC)\n$26,866\n+108.3▲0.4%\nEthereum (ETH)\n$1,819\n+13.9▲0.8%\nS&P 500\n4,192.63\n+0.6▲0.0%\nGold\n$1,972\n−6.7▼0.3%\nNikkei 225\n31,086.82\n+278.5▲0.9%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,162", "+4.9\\u25b20.4%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$26,866", "+108.3\\u25b20.4%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,819", "+13.9\\u25b20.8%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,192.63", "+0.6\\u25b20.0%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,972", "\\u22126.7\\u25bc0.3% **Last 60 Days of Bitcoin's Closing Prices:** [27493.29, 27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-23 **Financial & Commodity Data:** - Gold Closing Price: $1972.40 - Crude Oil Closing Price: $72.91 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $531,277,283,075 - Hash Rate: 379321882.1817001 - Transaction Count: 519870.0 - Unique Addresses: 636984.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.50 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Join the most important conversation in crypto and web3! Secure your seat today Good morning. Here’s what’s happening: Prices:Bitcoin steadies itself comfortably above $29K. One analyst says that investors are now looking for assets that retain their value. Insights:Captain Kirk drops his first NFT collection and speaks boldly about crypto's potential in a Consensus 2023 discussion. CoinDesk Market Index (CMI) 1,252 +17.3▲1.4% Bitcoin (BTC) $29,553 +709.8▲2.5% Ethereum (ETH) $1,912 +15.5▲0.8% S&P 500 4,135.35 +79.4▲2.0% Gold $1,998 +7.7▲0.4% Nikkei 225 28,457.68 +41.2▲0.1% BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC) [["1,252", "+17.3\u25b21.4%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$29,553", "+709.8\u25b22.5%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,912", "+15.5\u25b20.8%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,135.35", "+79.4\u25b22.0%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,998", "+7.7\u25b20.4%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["28,457.68", "+41.2\u25b20.1%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}] Bitcoin Holds Above $29K; Ether Rises Over $1.9K Bitcoin set aside its concerns about renewed banking unrest and slowing U.S. economic growth to hold comfortably above $29,000 throughout U.S. trading hours on Thursday. The largest cryptocurrency by market capitalization was recently trading at about $29,500, up roughly 2.2% over the past 24 hours. BTC topped $30,000 at one point, near its earlier week highs but still well off its April peak close to $31,000. Still, investors seem to have forgotten Wednesday's dramatic seesawing when the crypto dipped to around $27,200 amid a mass liquidation of short and long positions and separate unfounded rumors of bitcoin sales – by the U.S. government and of crypto from failed exchange Mt. Gox – before rebounding. Since spiking approximately 40% in January, bitcoin and other cryptos have been stubbornly resistant to industry mishaps and wider macroeconomic uncertainty. "The operative word here is resilience," said Michael Sonnenshein, CEO at crypto asset management company Grayscale Investments, told CoinDesk TV on the opening day of the Consensus 2023 conference in Austin, Texas. "Despite recent setbacks whether it be trust or certain businesses that were once integral to crypto that are no longer around, what we're seeing is resilience." Sonnenshein added: "It's really encouraging time and again as this industry gets challenged, it demonstrates its strengths and comes out stronger." Grayscale and CoinDesk share the same parent company, Digital Currency Group. Ether was recently trading above $1,910, up about 0.8% from Wednesday, same time. Other major cryptocurrencies were recently up marginally little more than 36 hours after they had fallen well into the red. TheCoinDesk Market Index, a measure of crypto markets performance, recently climbed 0.8%. U.S. equity markets rose as surprisingly strong earnings from tech giants Microsoft, Google parent Alphabet and, most recently Meta Platforms, trumped concerns about unexpectedly sluggish 1.1% growth in first-quarter GDP and the struggles of regional bank First Republic. The tech-focused Nasdaq Composite and S&P 500, which has a strong technology component, climbed 2.4% and 2%, respectively. Investors will now be focusing on next week's Federal Open Market Committee (FOMC) interest rate decision. TheCME FedWatch Toolis currently showing an 87% probability of a third consecutive 25-basis point rate hike, although Edward Moya, senior market analyst for foreign exchange market maker Oanda, wrote in an email that the U.S. central bank is close to ending this type of monetary hawkishness. The Federal Reserve will be able to move forward with one, perhaps two, more rate hikes, "but then that should be it," Moya wrote. "Today’s economic data painted a picture of an economy that is slowing down, inflation is temporarily accelerating, and the labor market is softening." Meanwhile, Bob Baxley, chief technology officer atdecentralized finance(DeFi) platform Maverick Protocol, told CoinDesk's Jocelyn Yang that bitcoin’s performance in recent days reflects investors’ confidence in the crypto’s ability to hold value even during unsettling events. “Bitcoin and other crypto assets have clearly been performing as the sort of safe haven that many had hoped this technology class would become,” Baxley told CoinDesk in an email. [{"Asset": "Cosmos", "Ticker": "ATOM", "Returns": "+4.5%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Solana", "Ticker": "SOL", "Returns": "+3.6%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Bitcoin", "Ticker": "BTC", "Returns": "+2.5%", "DACS Sector": "Currency"}] [{"Asset": "Shiba Inu", "Ticker": "SHIB", "Returns": "\u22120.1%", "DACS Sector": "Currency"}, {"Asset": "Loopring", "Ticker": "LRC", "Returns": "\u22120.1%", "DACS Sector": "Smart Contract Platform"}] William Shatner is speeding to Web3 at warp 9. The original"Star Trek" captainand longtime Twitter crypto guy officially dropped his non-fungible token (NFT) release, Infinite Connections, at CoinDesk’sConsensus 2023conference. Infinite Connections comprises two collections: Cosmic Explorer, with 2,500NFTsthat feature a Shatner 3D avatar paired with artwork that explores scientific themes like quantum physics and sonic vibrations. Each one also includes a physical action figure of Captain James T. Kirk, the role for which Shatner is best known, each hand-signed by Shatner with a quote from the character. The other collection is Timeless Voyager, which includes 1,000 NFTs of 2D artwork of future tech and the cosmos. There’s no action figure included, but “select” holders will have access to unspecified IRL opportunities. "NFTs are slowly becoming more artistic," Shatner said backstage at the conference. "These, developed by Orange Comet, are among the most artistic that I've ever seen." To create and release his collection, Shatner worked with Orange Comet, a Web3 entertainment company thatrecently raised $7 millionin a funding round. The company has also worked with former National Basketball Association starScottie Pippen,Sir Anthony Hopkinsand the hit TV show "The Walking Dead." Orange Comet CEO Dave Broome, who also spoke at the conference, revealed how the deal with Shatner occurred, and how Shatner's intellectual curiosity was a key component. "This is a man at 92 who is still inquiring, and still has an ability to learn and embrace technology and understanding what it could do," Broome said. "What we're interested in doing is taking someone like iconic legendary William Shatner and all of the millions and millions of fans that he has, and bring them over into web3." Read the full storyhere: Consensus 2023 5:00 p.m. HKT/SGT(9:00 UTC)Eurozone Gross Domestic Product s.a. (YoY/Q1) 8:00 p.m. HKT/SGT(12:00 UTC)Germany Harmonized Index of Consumer Prices (YoY/April) In case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV: Consensus 2023: Anthony Scaramucci Addresses FTX's Implosion; Erik Voorhees on Future of DeFi "First Mover" was live in Austin, Texas, as Consensus 2023 continued with special guests, including SkyBridge Capital founder and managing partner Anthony Scaramucci, ShapeShift founder Erik Voorhees, Solidus Labs Vice President of Regulatory Affairs Kathy Kraninger, Polygon Labs Chief Policy Officer Rebecca Rettig, and EY Global Blockchain Leader Paul Brody. Arbitrum Co-Founder Addresses DAO Vote Fiasco, Waves Off Allegations of ‘Decentralization Theater’:Offchain Labs CEO Steven Goldfeder took pains to differentiate his company, which built Arbitrum, from the newly created Arbitrum DAO that now controls it. Bahamian Prime Minister Doesn’t Regret FTX:Philip Davis says the country is “open for business” for legitimate digital-assets companies. Sustainable Bitcoin Protocol Piloting a Waste Gas Methodology With Miner Crusoe Energy:Crypto miners, like Crusoe, use gas that would otherwise be wasted and minimize methane emissions. Bitcoin's 'Estimated Leverage Ratio' Hits Lowest Point Since December 2021:The estimated ratio indicates how much leverage is used by traders on average, according to CryptoQuant. Ex-a16z Engineering and Security Heavyweights to Start Crypto Custody Firm, Source:A16z’s former chief technology officer, Riyaz Faizullabhoy, and former Chief Information Security Officer Nassim Eddequiouaq have the blessing and seed backing of the venture-capital giant, a person familiar with the plans said.... - Reddit Posts (Sample): [['u/proph3tsix', 'A lot of people here get downvoted for pointing out that USA Democrats are enemies of Bitcoin, as if Republicans are an equally large threat. Let me make something clear...', 85, '2023-05-23 00:26', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/', 'When a Republican comes out supporting Bitcoin, they\'re always faking or groveling for votes. When a Democrat comes out supporting Bitcoin, they\'re always \'waking up\' or \'coming around\'. Broken clocks may be right twice a day, but if the USA\'s Congress if filled with broken clocks then it certainly seems Republican broken clocks are syncing more often than Democrat broken clocks. Why is that?\n\n* Texas is to Republicans as New York is to Democrats. New York partially banned Bitcoin mining, and [environmental activists in the state are hungry for more](https://www.politico.com/news/2023/01/07/new-york-cryptocurrency-mining-ban-00072564). Texas has loudly invited more. Wyoming, another Republican state, is clamoring to the same.\n* The [energy FUD](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3779720) expressly targets voters who give a damn about environmentalism in the first place. If you\'re outside the USA then you may be forgiven for not knowing, but Republicans are not well known for their environmentalism. To the extent that Republicans do claim to care about the environment, it\'s always [cast as some flavor of fakery](https://www.nytimes.com/2017/06/03/us/politics/republican-leaders-climate-change.html). (Note that particular framing is from NYT - *hint hint*.) In other words: Energy FUD is almost exclusively pandering to Democrats.\n* It\'s been said numerous times that CBDCs represent the ["final boss" for Bitcoin](https://www.theheldreport.com/p/the-final-boss-bitcoin-vs-central). This does not mean it\'s a mortal threat to Bitcoin, but merely ideologically opposed. Bitcoin is freedom money. CBDC is slave money. Florida is largely Republican and has recently passed [explicitly anti-CBDC legislation](https://blockworks.co/news/florida-approves-cbdc-ban). Minnesota, another Republican state, is [doing the same](https://emmer.house.gov/2023/2/emmer-leads-effort-to-squash-financial-surveillance-state-initiatives). Texas is [considering it](https://www.cruz.senate.gov/newsroom/press-releases/sen-cruz-introduces-legislation-to-prohibit-the-fed-from-establishing-a-central-bank-digital-currency) too. Others will almost certainly follow. Where are the Democratic states doing, or even contemplating this?\n\n[edit] Sorry but saying "They\'re all the same" is just lazy. It\'s a reflex that conveniently allows us to dodge the mental work forced by nuance. For such thinkers, the world will never (ever) have better or worse politicians because it smoothes out all distinctions. It\'s the same oversimplification made by overzealous religious fanatics and political ideaolgues - subconsciously they\'ve made their world model easy to process by refusing to increase its resolution. It\'s not a matter of being caught up in some "two-party brainwashing bullshit" - it\'s about being aware that our potential leaders exist on a spectrum of distinctions. Thomas Jefferson and Stalin cannot possibly be equivalent, so they must exist on a gradient. Choose, goddamnit, and choose wisely!\n\n[2nd edit] Minnesota is not a Republican state, I stand corrected on that point. But its only Republican representative is the one pushing for anti-CBDC legislation.', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/', '13p5jff', [['u/clue5tick', 59, '2023-05-23 00:46', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl7uvsh/', "It's mostly just the Uniparty. Time to defund them all!", '13p5jff'], ['u/Valence101', 22, '2023-05-23 01:22', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl7zpdi/', "I agree, both have spent money we don't have on wars, airdrops to corporations, and purchasing votes.\n\nIt's time to just watch the money become worthless and the psychopathic struggle for the money printer to end.\n\nIt's a broken system. Society made a mistake with fiat money. It's time to move on and live our lives, make things better for the next generation and learn from our mistakes of a stupid childish money tree that profits the king of the hill at the expense of the masses.", '13p5jff'], ['u/Umpire_State_Bldg', 76, '2023-05-23 01:24', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl7zw8v/', "When you finally get over the two-party brainwashing bullshit, you're going to feel so liberated.", '13p5jff'], ['u/joel8x', 17, '2023-05-23 01:36', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl81j65/', 'This sub generally understands that Crypto does not mean Bitcoin. 99.9% of Crypto is scammy because it doesn’t address the fundamental trust issues that Bitcoin solves. When a politician comes out against Crypto scammers, it’s not anti Bitcoin.', '13p5jff'], ['u/SuccessfulPlenty942', 15, '2023-05-23 02:18', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl8739g/', 'Minnesota is not a republican state 🤣', '13p5jff'], ['u/TelMeEverything', 10, '2023-05-23 02:49', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl8b8i7/', 'Minnesota has always been a blue state. Grew up there.', '13p5jff'], ['u/Jaxelino', 21, '2023-05-23 02:56', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl8c5bc/', 'Yeah, I see where OPs coming from, but I\'m downvoting anything that is "republican this, democrats that\'s\'.\n\nIt\'s not like one party is better than the other. \n\nSure, on Bitcoin the stance of the left is often super embarrassing. The republicans are embarrassing on other fronts, like abortions, and ppl like MTG. Munger is a republican as well, he and Buffet really love Bitcoin /s.\n\nHence, after all the lies and grifting and lobbying, you realize that this world has problems in need for solutions, and siding with either party bs ain\'t gonna lead you anywhere.', '13p5jff'], ['u/Umpire_State_Bldg', 18, '2023-05-23 03:05', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl8datu/', 'Yes. Both sides are owned and operated by the same "money printing" criminals.', '13p5jff'], ['u/greinertr', 11, '2023-05-23 03:18', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl8f0q0/', 'Minnesota is a republican state? Interesting they always vote Democrat.', '13p5jff'], ['u/Jaxelino', 10, '2023-05-23 03:18', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl8f26k/', 'I like the terms:\n\n- corporatocracy\n\n\n- banana republic 🍌', '13p5jff'], ['u/HappyGoLacky', 13, '2023-05-23 03:57', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl8ka2x/', 'Again… there is no red, there is no blue. There is government, and there is you.', '13p5jff'], ['u/baconcheeseburgarian', 10, '2023-05-23 05:15', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl8uin2/', 'Texas also bans books and abortion and allows the government to claim eminent domain over private property so a corporation can build a pipeline or well. \n\nChoose wisely, your great red state may not even be able to keep the power on.', '13p5jff']]], ['u/lymeguy', 'What if crypto already peaked?', 93, '2023-05-23 01:35', 'https://www.reddit.com/r/CryptoCurrency/comments/13p7aeq/what_if_crypto_already_peaked/', "Imagine the year is 2030 and bitcoin is still hovering around 26-35k more or less depending on the month.\n\nStill in the top 10 are bitcoin etherium and Dogecoin. The market rarely gets further than the days of the covid pandemic crypto spike/marketcap. \n\nMeaning people aren't getting 'rich' off crypto like un the early days, just mostly whales who can afford big risks in little pumps.\n\nThat said at least there is some stability if the market is sticking around but maybe doesn't have the old hype that it used to.\n\nHow would you feel about this type of scenario satisfied or disappointed in the evolution of the crypto market?\n\n🌙 📊🚗", 'https://www.reddit.com/r/CryptoCurrency/comments/13p7aeq/what_if_crypto_already_peaked/', '13p7aeq', [['u/LivingFondant1419', 146, '2023-05-23 01:39', 'https://www.reddit.com/r/CryptoCurrency/comments/13p7aeq/what_if_crypto_already_peaked/jl81z1y/', "Honestly, Im starting to get so desperate with real life that I'm placing too much hope on crypto doing well. The cost of living and rent in my city is absolutely stiffling. \n\nBeing so hopeful and excited for a future where I am comfortable for once is usually how I get hurt the worst.", '13p7aeq'], ['u/tewsbeferneds78', 28, '2023-05-23 01:45', 'https://www.reddit.com/r/CryptoCurrency/comments/13p7aeq/what_if_crypto_already_peaked/jl82ntp/', 'This has been said every year since at least 2016. Doesn’t take anything away from your points but just something to keep in mind.', '13p7aeq'], ['u/zoomercoomer9000', 63, '2023-05-23 01:46', 'https://www.reddit.com/r/CryptoCurrency/comments/13p7aeq/what_if_crypto_already_peaked/jl82vga/', 'Then we go back to playing with LEGO. But for now our new toy is still pretty fun.', '13p7aeq'], ['u/Dull_Tough_7149', 38, '2023-05-23 01:49', 'https://www.reddit.com/r/CryptoCurrency/comments/13p7aeq/what_if_crypto_already_peaked/jl83919/', "Come on, bois, wrong spirit here. Satoshi's plan is still active and will work. It's just a bad time right now with those idiotic and hateful regulations. If the worst happens, we will be remem... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening:\nPrices:Crypto\'s narrative this year has varied so widely that one dominant thread is difficult to pin down. BTC was hovering comfortably above $27K.\nInsights:Crypto in Hong Kong won\'t resemble what it looked like in previously, if the government passes proposed crypto exchange rules.\nCoinDesk Market Index (CMI)\n1,204.65\n+14.6▲1.2%\nBitcoin (BTC)\n$27,139\n+235.9▲0.9%\nEthereum (ETH)\n$1,849\n+27.9▲1.5%\nS&P 500 daily close\n4,145.58\n−47.0▼1.1%\nGold\n$1,978\n+3.4▲0.2%\nTreasury Yield 10 Years\n3.7%\n▼0.0\nBTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET\n[["1,204.65", "+14.6\\u25b21.2%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,139", "+235.9\\u25b20.9%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,849", "+27.9\\u25b21.5%"], {"CoinDesk Market Index (CMI)": "S&P 500 daily close"}, ["4,145.58", "\\u221247.0\\u25bc1.1%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,978", "+3.4\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "Treasury Yield 10 Years"}, ["3.7%", "\\u25bc0.0"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET"}]\nBitcoin Rises Slightly and Waits\nGood morning,\nBitcoin is starting the trading day in East Asia up 0.9% to $27,139, while ether is up 1.5% to $1,849.\nAre we in a meme coin season? A hedge against risk season? Or a risk asset season?\nTough to tell these days.\nOne day it seems like bitcoin and ether are making a slow and steady push upwards, then the next memecoin comes along and shoots into the stratosphere. On other days it seems like there’s a flight to quality. Consider the data point of staked ether hitting an all-time high.\nSince Ethereum\'s Shapella upgrade on April 12, the amount of staked ether has surged,CoinDesk recently reported, with 4.4 million more coins deposited for staking.\nAll this is despite over a month\'s wait to become a network validator, driven by large ether holders seeking passive income, and anticipated deflationary forces that may increase ether\'s price, making the 4-5% annual yield an attractive proposition.\n“With Ethereum’s Shanghai over and investors nursing memecoin hangovers, the crypto market is ‘sans narrative,’ Charmyn Ho, head of crypto insights at Bybit, wrote in a note to CoinDesk.\nHo writes that the imminent Ethereum EIP-4844 upgrade, which boosts transaction throughput via a process calledproto-danksharding, could favor Layer 2 solutions like Arbitrum, Optimism, and promising new entrants like Mantle, possibly ushering an "L2 season," while the altcoin market drifts towards Bitcoin amid a fluctuating yield curve.\nBut right now, the narrative is tricky to pin down.\n“With most coins struggling to break their 20-week moving averages, it seems premature to talk of an incoming ‘altseason’ or ‘memeseason’,” Ho said. “Indeed, we are still seeing capital move the opposite way – from altcoins to Bitcoin and Ethereum. As a result, most altcoins are falling on their BTC pairs.”\n[{"Asset": "Solana", "Ticker": "SOL", "Returns": "+1.5%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Ethereum", "Ticker": "ETH", "Returns": "+1.4%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Gala", "Ticker": "GALA", "Returns": "+1.4%", "DACS Sector": "Entertainment"}]\n[{"Asset": "Decentraland", "Ticker": "MANA", "Returns": "\\u22120.9%", "DACS Sector": "Entertainment"}, {"Asset": "Chainlink", "Ticker": "LINK", "Returns": "\\u22120.8%", "DACS Sector": "Computing"}, {"Asset": "Dogecoin", "Ticker": "DOGE", "Returns": "\\u22120.7%", "DACS Sector": "Currency"}]\nNew Hong Kong Rules Value TradFi Chops\nA few months ago,crypto Twitterati thoughtthat Hong Kong’s upcoming virtual asset rules would unlock a geyser of degen capital and jumpstart the China crypto narrative.\nAfter all, Hong Kong was, at one time, the home of crypto’s growth story in its early days. Binance, Bitfinex, Tether, Justin Sun, and many other crypto stakeholders as well as Initial Coin Offering (ICO) teams once called Hong Kong home as the city’s fast-paced and free-flowing markets on overdrive were a natural match for crypto.\nIt was hoped that all this would make Hong Kong’s crypto scene great again – bringing back the fast times of the past.\nBut the Securities and Futures Commission\'s (SFC)latest draftof the guidelines thatcame out Tuesday afternoonHong Kong time discouraged the idea.\nCurrently, most of the virtual asset trading platforms accessible to the public are not regulated by the SFC, and the SFC hasn’t announced a list of license applicants.\nTaking a glimpse at this draft, which plays a part of the consultation process, the SFC is beating down the idea that crypto in 2023’s Hong Kong is going to be like anything of the past.\nRetail Can Trade – After Onboarding\nYes, retail investors will be able to trade crypto in Hong Kong. But not every retail investor will be able to trade crypto in Hong Kong.\nThe exact criteria of what constitutes an onboarding process hasn’t been precisely defined, but the SFC says that the automatic trading nature of virtual assets “necessitates strict requirements”.\nPlatform operators must ensure the suitability of retail clients through comprehensive onboarding processes, the SFC says, including risk tolerance assessment and a holistic evaluation of an investor\'s understanding of virtual assets based on their education, work, and prior trading experience.\nPlatforms will be required to establish limits on the size of positions, and the SFC says that exact exposure limit will be determined based on a know-your-client process the exchange conducts.\nTradFi Licenses Prioritized\nOn top of these exchanges, just like any other traditional financial institution in Hong Kong, will be two key positions: the Responsible Officer and the Licensed Representative.\nThese individuals will generally have to fit within the criteria the SFC uses for these roles in the TradFi space. They must have a combination of relevant degrees (though does such a thing exist for crypto?), management experience and local equivalents to FINRA licenses from the Hong Kong Securities and Investment Institute.\nIt’s understood that many exchanges intending to apply for licenses in Hong Kong, such as Binance, have begun to heavily hire ex-TradFi types who hold these licenses – crypto knowledge be damned.\nExchanges Must Provide Financial Disclosures\nThe new regulations mandate crypto exchanges to maintain a minimum of HKD 5,000,000 ($640,000) in capital at all times and submit monthly financial reports to the SFC, which include a summary of both assets (in particular where and when they are deposited) as well as liabilities such as bank loans or other credit facilities.\nPost-FTX, many exchanges are publishingProof of Reserves, a form of on-chain audit to build confidence in their liquidity. However, these have been criticized for lacking one key metric – liabilities. It looks like this requirement from the SFC will address this.\nNot Every Token Can Be Listed; Retail Won’t Have Stablecoins\nPart of the SFC’s proposed rules is what effectively amounts to a 12-month cooling-off period between the launch of a token and when it\'s able to be listed on regulated exchanges.\n“While a 12-month requirement may not have prevented the recent collapses of some tokens, this requirement aims to reduce the risk of reasonably hard-to-detect fraud as well as the possible impact on the price of a token of the marketing efforts leading up to its initial offering,” the SFC writes.\nListed tokens must also have a smart contract audit completed by an independent assessor. As well, tokens must be large-cap virtual assets included in at least two acceptable indices issued by two independent index providers.\nHowever, the SFC said that it doesn’t feel it would be “appropriate” to publish a list of virtual assets eligible for retail trading.\nPerhaps the most controversial part of this would be the ban on stablecoins for retail traders, as the SFC finds them unsuitable for retail traders due to the propensity for runs and the lack of regulation.\nRetail traders will only get access to stablecoinsonce local regulations for the asset class are in place.\nCustodians Excluded\nFTX customers in Japanlive in something of a parallel universe to their peers elsewhere.\nBecause rules in Japan – implemented post-Mt. Gox – require exchanges that operate in the company to use third-party custodians that segregate funds, Japanese customers have been able to withdraw crypto and fiat fromFTX Japan since early February.\nBut this won’t be the case in Hong Kong.\nThe SFC says that since there is no regulatory regime for custodians of virtual assets, allowing that would hinder their supervision and enforcement.\nThis could be considered counterintuitive, since manycrypto custodians already existin Hong Kong, like Hex Trust. Alessio Quaglini, the CEO of Hex Trust,has long called for specific custodian rules for digital assets, but it looks like that request has met deafening silence.\n10:00 a.m. HKT/SGT(2:00 UTC)New Zealand Monetary Policy Statement\n2:00 p.m. HKT/SGT(6:00 UTC)United Kingdom Consumer Price Index (YoY/April)\n2:009 a.m. HKT/SGT(18:00 UTC)United States FOMC Minutes\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nFTX CEO\'s Legal Billings Hint at Comeback for Crypto Exchange; Bitcoin\'s Reaction to Debt Ceiling Stalemate\nThe new CEO of FTX, John Ray III, billed just over 6.5 hours in his last cycle reviewing and working on what appears to be FTX 2.0 materials. Laura Shin, "The Cryptopians" author and "Unchained" podcast host joined "First Mover" to discuss. Plus, LUKSO co-founder and chief blockchain architect Fabian Vogelsteller discussed LUKSO’s upcoming mainnet launch. And, bitcoin (BTC) was back above $27,000 – as President Biden and House Speaker Kevin McCarthy left their m **Last 60 Days of Bitcoin's Closing Prices:** [27494.71, 27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-24 **Financial & Commodity Data:** - Gold Closing Price: $1962.80 - Crude Oil Closing Price: $74.34 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $527,751,286,731 - Hash Rate: 347301203.81571233 - Transaction Count: 405521.0 - Unique Addresses: 617027.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.50 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Join the most important conversation in crypto and web3! Secure your seat today Bitcoin (BTC) showed signs of resilience Wednesday, shedding tremors from regulatory action against crypto exchange Binance to recover above the key $28,000 level. XRP tokens jumped for a second straight day, adding 11% in the past 24 hours. They were buoyed by speculation that the classification of bitcoin and ether (ETH) as commodities in the U.S. Commodity Futures Trading Commission (CFTC) suit against Binance might mean XRP tokens are classified as commodities as well. That might hurt the U.S. Securities and Exchange Commission (SEC) case against Ripple claiming the tokens are securities. Classification as a commodity could mean Ripple wins the case – which some traders may consider bullish for XRP. Other tokens also rallied. Ether rose 4% as Ethereum developers confirmed the Shanghai (Shapella) upgrade, a fundamental release, for April 14. The upgrade will allow ether stakers to withdraw tokens for the first time, among other network improvements such as improved transactional fees. Cardano's ADA jumped 8%, bnb tokens (BNB) recovered 1.9%, erasing some of this week's losses and Polygon's MATIC gained 7% on the introduction of its zero-knowledge Ethereum Virtual Machine in what may become one of 2023’s hottest blockchain trends . XRP, however, may dip in coming days, some on-chain analysis suggests. Data from on-chain analytics tool Santiment cited by FxStreet shows that transactions “in profit” have reached a 19-month high, suggesting traders could lock in recent gains and contribute to falling prices. XRP holders are in profit at a 19-month high level. (Santiment via FxStreet) That could push XRP prices from the current 54 cents level to resistance at 40 cents, price-chart analysts suggest.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening: Prices: Bitcoin remains in the red as Asian markets open and investors consider U.S. debt ceiling woes and other uncertainties. Insights: In an interview with CoinDesk, Market maker Flowdesk\'s CEO sees opportunity in the U.S. Prices CoinDesk Market Index (CMI) 1,145 −32.2 ▼ 2.7% Bitcoin (BTC) $26,362 −856.1 ▼ 3.1% Ethereum (ETH) $1,805 −48.8 ▼ 2.6% S&P 500 4,115.24 −30.3 ▼ 0.7% Gold $1,961 −11.3 ▼ 0.6% Nikkei 225 30,682.68 −275.1 ▼ 0.9% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,145 −32.2 ▼ 2.7% Bitcoin (BTC) $26,362 −856.1 ▼ 3.1% Ethereum (ETH) $1,805 −48.8 ▼ 2.6% S&P 500 4,115.24 −30.3 ▼ 0.7% Gold $1,961 −11.3 ▼ 0.6% Nikkei 225 30,682.68 −275.1 ▼ 0.9% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) A Down Day for Bitcoin As the Asian trading day opened, investors continued to mull over recent macroeconomic uncertainties that have plagued digital assets for more than 12 days. Bitcoin was recently trading at $26,362, down about 3.1% over the past 24 hours. The largest cryptocurrency by market capitalization had been hovering in a narrow range before dipping below its recent $26,500 support early Wednesday. Markets have been roiled by an ongoing debt ceiling stalemate and inflationary and crypto regulatory concerns. Federal Open Market Committee minutes showing a difference of opinion among U.S. central bankers about further rate hikes did little if anything, to soothe markets – crypto or otherwise. "Bitcoin remains rangebound and should continue to consolidate near the lower boundaries of its downward sloping trading range, with the $25,000 level providing massive support," Edward Moya, senior market analyst for foreign exchange market maker Oanda, wrote in an email. Ether was recently changing hands at about $1,800, down 2.8% from Tuesday at the same time. Other major cryptos were mostly in the red, with popular memecoins DOGE and SHIB recently falling about 3% and 4%, respectively. The CoinDesk Market Index , a measure of cypto markets performance, was down 3%. Story continues Moya wrote that "bitcoin is under pressure as the risk of a U.S. default grows," and the U.S. central bank faces the prospect of continuing its monetary tightening. "Bitcoin is going to be very sensitive to surging Treasury yields as too many crypto/blockchain companies will struggle with financing," he wrote. "It is hard enough to find a bank that will deal in cryptos, let alone take out loans for long-term projects." Biggest Gainers There are no gainers in CoinDesk 20 today. Biggest Losers Asset Ticker Returns DACS Sector Terra LUNA −5.8% Smart Contract Platform Decentraland MANA −4.8% Entertainment Shiba Inu SHIB −4.5% Currency Insights Market Maker Flowdesk Aims for U.S. Expansion It’s tough to find someone that’s bullish on the U.S. crypto market. Some of the most recognizable names in the industry are bearish, citing a lack of regulatory clarity, like Coinbase CEO Brian Armstrong . Coinbase has threatened to move offshore if regulatory clarity isn’t established soon. And its sentiment is shared by many – plenty of crypto venture capitalists prefer to invest in places like Singapore. But Guilhem Chaumont, CEO of market maker and liquidity provider Flowdesk, sees things differently. In an interview with CoinDesk, Chaumont says he views the U.S. as a central hub for the crypto market and believes his company can thrive there due to its commitment to compliance and regulatory requirements – as onerous and unclear as they might be – from day one. Chaumont told CoinDesk that his company had just opened a New York office, which it wants to expand. The sophistication and size of the U.S. capital markets is a worthwhile trade-off for having to deal with its regulatory regime, he argues. He said that there’s an inevitable convergence of crypto and traditional finance (TradFi) regulations, which he views positively. He also notes the potential for a talent bridge between the sectors. "Crypto is not going to happen without regulation. And if that means that regulation needs to be TradFi levels, we are on this side, as we prefer to have this than having no regulation basically," he said. Hong Kong, for example, heavily emphasized the TradFi experience when it recently released the first draft of its crypto licensure framework. “The convergence of these two regulatory frameworks is a positive sign for us. Because it will allow for a massive bridge of talent to come into crypto," Chaumont said. In an ideal world, Chaumont says, there would be purpose-built regulation for crypto, but sometimes a compromise is necessary. After all, the future of crypto trading involves more and more regulated assets. “There was a hope, which I shared, that we could reinvent everything from scratch and take the best of both worlds to devise new regulation that is simpler than that of TradFi and lacks its costly complexity,” he said. “What we\'re seeing is that this hope is slowly fading away, and crypto regulation is basically converging with TradFi.” Which, for Flowdesk, isn’t a bad thing. Important events. The Future of Money, Governance & The Law (Washington D.C.) 8:30 p.m. HKT/SGT(12:30 UTC) United States Gross Domestic Product Annualized (Q1) 7:30 a.m. HKT/SGT(23:30 UTC) Tokyo Consumer Price Index (YoY/May) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Ledger CEO on Key Recovery Rollout Delay; Bitcoin Poised to Post First Losing Month of 2023 Following scrutiny from the crypto community, hardware wallet provider Ledger said it will delay releasing a key recovery feature. Ledger CEO and Chairman Pascal Gauthier joined "First Mover" to discuss why the firm won’t introduce the new feature before releasing the code for it. Separately, Prometheum Inc. founder and co-CEO Aaron Kaplan discussed the SEC-friendly crypto path that the firm has found with the U.S. regulator. And, "The Crypto Trader" author Glen Goodman shared his markets analysis, as bitcoin (BTC) is on track to post its first losing month of 2023. Headlines Crypto Security Firm Unciphered Claims Ability to Physically Hack Trezor T Wallet : Unciphered, a company of cybersecurity professionals who recover lost cryptocurrency, says it found a way to physically hack into the Trezor T hardware wallet. Trezor says it acknowledged a similar-sounding attack vector a few years ago. Fantom Foundation Removes $2.4M MULTI from SushiSwap Liquidity Pool : Multichain’s current upgrade is taking longer than expected, causing delays in their transactions. 0x Releases Latest Version of DEX Aggregator Matcha : The newest iteration is focused on enhancing the trading experience for users. Ava Labs Launches \'No-Code\' Web3 Launchpad AvaCloud : Ava Labs says that the tool will allow companies to bring Web3 products to market faster, cheaper and with lower risk. Non-Profit Organization Energy Web Starts Sustainability Registry for Bitcoin Miners : Miners will be scored based on their use of clean energy and grid impact.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin remains in the red as Asian markets open and investors consider U.S. debt ceiling woes and other uncertainties.\nInsights:In an interview with CoinDesk, Market maker Flowdesk\'s CEO sees opportunity in the U.S.\nCoinDesk Market Index (CMI)\n1,145\n−32.2▼2.7%\nBitcoin (BTC)\n$26,362\n−856.1▼3.1%\nEthereum (ETH)\n$1,805\n−48.8▼2.6%\nS&P 500\n4,115.24\n−30.3▼0.7%\nGold\n$1,961\n−11.3▼0.6%\nNikkei 225\n30,682.68\n−275.1▼0.9%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,145", "\\u221232.2\\u25bc2.7%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$26,362", "\\u2212856.1\\u25bc3.1%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,805", "\\u221248.8\\u25bc2.6%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,115.24", "\\u221230.3\\u25bc0.7%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,961", "\\u221211.3\\u25bc0.6%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["30,682.68", "\\u2212275.1\\u25bc0.9%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nA Down Day for Bitcoin\nAs the Asian trading day opened, investors continued to mull over recent macroeconomic uncertainties that have plagued digital assets for more than 12 days.\nBitcoin was recently trading at $26,362, down about 3.1% over the past 24 hours. The largest cryptocurrency by market capitalization had been hovering in a narrow range before dipping below its recent $26,500 support early Wednesday. Markets have been roiled by an ongoing debt ceiling stalemate and inflationary and crypto regulatory concerns. Federal Open Market Committee minutes showing a difference of opinion among U.S. central bankers about further rate hikes did little if anything, to soothe markets – crypto or otherwise.\n"Bitcoin remains rangebound and should continue to consolidate near the lower boundaries of its downward sloping trading range, with the $25,000 level providing massive support," Edward Moya, senior market analyst for foreign exchange market maker Oanda, wrote in an email.\nEther was recently changing hands at about $1,800, down 2.8% from Tuesday at the same time. Other major cryptos were mostly in the red, with popular memecoins DOGE and SHIB recently falling about 3% and 4%, respectively. TheCoinDesk Market Index, a measure of cypto markets performance, was down 3%.\nMoya wrote that "bitcoin is under pressure as the risk of a U.S. default grows," and the U.S. central bank faces the prospect of continuing its monetary tightening.\n"Bitcoin is going to be very sensitive to surging Treasury yields as too many crypto/blockchain companies will struggle with financing," he wrote. "It is hard enough to find a bank that will deal in cryptos, let alone take out loans for long-term projects."\nThere are no gainers in CoinDesk 20 today.\n[{"Asse **Last 60 Days of Bitcoin's Closing Prices:** [27994.33, 27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-25 **Financial & Commodity Data:** - Gold Closing Price: $1943.10 - Crude Oil Closing Price: $71.83 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $508,952,067,181 - Hash Rate: 371932494.8664721 - Transaction Count: 460167.0 - Unique Addresses: 689359.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.51 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Join the most important conversation in crypto and web3! Secure your seat today Terra is back in the news as the United States and South Koreavie for the extraditionof Terraform Labs co-founder and CEO Do Kwon, a Korean national who was recently arrested in Montenegro. The Korean crypto community is likely more invested in the outcome, but some actually prefer that Kwon be sent to the U.S. because the punishment might beharsherthere. The collapse of the terraUSD stablecoin projectreverberatedthroughout the world, causing some$60 billionto evaporate. But the longest shadow fell over Korea, where it remains today. The 2022 crash was all over the local media, which reported that the project had some200,000 local victims.“Even my grandpa knew about LUNA,” said SungMo Park, head of Korea business development at Polygon Labs, referring to Terra's luna token. Projects that built on top of Terra found themselves homeless, at least temporarily. A once pro-crypto presidential administration started to appear much less enthusiastic. To this day, the state of crypto regulation in Korea is not terribly friendly. Terraform Labs was based in Singapore, not South Korea, but the project played a special role in Kwon’s native country. When I visited Seoul a few months ago, memories of the crash were vivid. I heard about people selling their homes to invest in luna, as well as speculation that if Kwon had returned to Korea after the crash he likely would have been killed. The downfall of a prominent, Korean-born founder clearly had a psychological impact. “Do was a very young Korean leader making a big change in the global scene. There was no software company in Korea that was making that kind of impact on the global level,” said Jiyun Kim, CEO and co-founder of DSRV, which ran a Terra validator in Korea. “He was a kind of north star for Korean crypto founders.” “Koreans don’t really think Koreans are capable of going global,” said Lloyd Lee, founder and CEO of Hyperithm, a digital asset management firm that is based in both Seoul and Tokyo. “There were two stars that actually broke that belief. One was [the K-pop boy band] BTS, the second was Do Kwon.” When it comes to crypto, Korea is one of the most powerful markets in the world. The Korean won is the second-most traded national currency for bitcoin (BTC), after the U.S. dollar, according toCoinhills. Areportby Korea’s Financial Intelligence Unit (FIU) in September said there were nearly seven million registered crypto users in Korea. The digital asset industry market size was nearly 23 trillion won for the first half of 2022, or close to $18 billion at current exchange rates. It dropped to 19 trillion won in the second half of the year, according toa newer report. There were two stars that actually broke that belief. One was [the K-pop boy band] BTS, the second was Do Kwon. The Terra crash appears to have taken a toll on local crypto trading, though of course there were other factors as well. In the first half of 2022, the domestic virtual asset market showed a decrease of 58% in market capitalization compared to the second half of 2021, according to the FIU. Thereportattributed this drop to the economic toll of the Ukraine crisis, rising interest rates and decreasing liquidity, “as well as the decline in trust in virtual assets due to the Terra-Luna incident.” Unfortunately, Terra's crash was not the end of the drama. According to CoinGecko, Korea was thehardest hitbyFTX.com’s collapse. Just this month, the Korean exchange Gdac washackedfor nearly $13 million. In December major crypto exchanges delisted the controversial token Wemix, leading to a loss ofnearly $300 millionin market cap. None of this would be reassuring to regulators and businesses who already suspected that crypto was unsafe. The Terra crash, among other factors, seems to have had a political effect as well. In last year’s presidential election, candidates adopted crypto-friendly positions in anapparent attemptto win over young voters. The winner, President Yoon Suk-Yeol pledged to restrict taxes for crypto gains and allow initial coin offerings. His win came with a flurry of media headlines suggesting a crypto-friendly administration, with the price of at leastone Korean crypto projectsoaring on these high hopes. But Yoon assumed the presidency in May 2022, the very same month Terra collapsed. “The new government can’t just go pro-crypto when all this Terra-luna happened and people are losing their assets or money, and companies are going bankrupt … and all these social problems are happening at the same time,” Hyperithm’s Lee said. “They can’t just say, we’re going to keep our pro-crypto stance. So they backed away a bit.” Earlier this year, Korean media reported that lawmakers were working on the Digital Asset Basic Act (DABA), which collectively refers to17 draft billsthat largely focus on investor protection. As of now, none of these bills has passed. “We were on the way to make some new crypto legislation, especially after the new presidential administration started. But so far there has been almost no new regulation, only discussions in Parliament,” said Jongbaek Park, a partner at Bae, Kim and Lee. At present, the focus of crypto regulation is mostly to prevent money laundering and terrorism. Korea’s anti-money laundering (AML) act was amended in 2020 to include virtual-asset service providers (VASP). Korean crypto exchanges have to report to the FIU and they are obliged to do know-your-customer (KYC) checks with new clients as well as report suspicious transactions. Meanwhile, there are currently only five crypto exchanges that trade with Korean won. The government was trying to restrict the number of VASPs to make anti-money laundering (AML) regulation stricter than before, Park explains. So they set up a guideline that if you want to have a virtual-asset service involving Korean won, you should set up some special category of bank account. “The Korean government tends to place too much importance on the prevention of risks, like investment protection, protection of market stability, rather than to encourage possible innovative effects to the market or community,” Park said. “AML regulation is good to get rid of bad actors, such as those doing money laundering or terror financing,” Park added. “The problem is the government has not legislated other regulation.” The arrest of Do Kwon has helped bring crypto assets back into the regulatory spotlight, adding some urgency to a long-delayed process, CoinDesk Koreareported. One crypto-related bill could be voted on as soon as this month, and another could be considered next month. The bills address protection of user deposits as well as the prohibition of the use of undisclosed information, manipulation of market prices and illegal transactions. "Last year, the Tera-luna scandal was still unresolved, followed by the FTX scandal. The pace of change in the digital-asset market is very fast, so related bills should be carefully enacted according to the situation," Yoon Chang-hyun, a member of the National Assembly, toldCoinDesk Koreain late March. "The bill on digital-asset trading (currently pending in the National Assembly) is expected to be passed within the second quarter of this year," Yoon said. The first step is to enact a transaction law, and the second step is to enact a basic law." There was one sign of progress in February, when Korea issued guidance on security token offerings, or STO. “The Korean government didn’t want to permit token-type securities in general, even though they had designated regulatory sandboxes for four STO projects. These guidelines are a big change,” Park explained. But a more careful look at the guidelines shows they are not as progressive as they first look. “The fact that the FSC announced STO guidelines is good news for crypto. But if you go into the details of that guideline, they have a restrictive attitude toward the extent of STOs. For instance, they essentially exclude public blockchains,” Park said. It’s not uncommon for a country’s crypto trajectory to be shaped, at least temporarily, by traumatic events. In Japan, the Mt. Gox and Coincheck exchange hacks spooked regulators and cast a multiyear chill over the domestic crypto community. But those same events alsospurred Japanto devise some of the clearest crypto regulations in the world. The United States, meanwhile, is still reeling from the implosion of FTX, which dealt a very visible black eye to an industry that already had plenty of detractors in Washington. Partly due to recent crackdowns by the Securities and Exchange Commission, some crypto businesses arenow avoidingthe United States. The dust of the Terra crash has not completely settled in Korea, though Kwon’s arrest does move this story a bit nearer to closure. Several people told me that after the crash, traditional Korean companies became more wary of being associated with crypto. “Before Terra, all the big companies were joining the momentum. Investment banks actually invited us to give them seminars on crypto [exchange-traded funds] or how they can pave their way into the crypto market. But I guess now the attention has become a bit selective,” Hyperithm’s Lee says. “Not all the companies are interested in crypto anymore.” It is hard to know where Korea will ultimately end up on crypto regulation, but its retail market is still showing its power. Koreaplayed a rolein the recent surge of the XRP token, to give just one example, as XRP trading volume surged to billions of dollars on top local exchanges UpBit, Bithumb and Korbit. “Whenever the next bull market comes, retail traders will be back. I had friends asking me at $60,000 bitcoin if they should sell their house to buy bitcoin. This all or nothing mentality is not uncommon in Korea,” said Anthony Yoon, managing partner at ROK Capital. Some previous members of the Terra community found other chains. And in the crypto industry, optimism remains... - Reddit Posts (Sample): [['u/AutoModerator', '[Daily Discussion] - Thursday, May 25, 2023', 28, '2023-05-25 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/13r7acs/daily_discussion_thursday_may_25_2023/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡**Tip Fellow Redditors over the Lightning Network**⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\n**Other ways to interact:**\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/13r7acs/daily_discussion_thursday_may_25_2023/', '13r7acs', [['u/anon-187101', 21, '2023-05-25 07:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/13r7acs/daily_discussion_thursday_may_25_2023/jlj2mdo/', '"Crazy stat: $NVDA\'s post-market gain > nearly all of the revenue its generated since the company\'s inception."\n\nHuh, what FOMO?', '13r7acs'], ['u/btcluvr', 27, '2023-05-25 09:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/13r7acs/daily_discussion_thursday_may_25_2023/jljabzn/', "it's a no-brainer actually.\n\nno default, debt limit lifted (99% chance) = print baby print, more debt, more trust erosion.\n\ndefault (1% chance) = all fed networks go to shambles, trust is broken once and for all, all rating agencies, hedge funds, bonds, treasuries and j-pow on top.\n\naccumulate more, these are great times.", '13r7acs'], ['u/ChadRun04', 16, '2023-05-25 09:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/13r7acs/daily_discussion_thursday_may_25_2023/jljdexp/', '> 99% chance\n\nLow-balling it.\n\n99.9998% at least.', '13r7acs'], ['u/_supert_', 10, '2023-05-25 10:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/13r7acs/daily_discussion_thursday_may_25_2023/jljhe5j/', 'Motherfucker. I was looking at getting some because both the AI push and should benefit from a crypto spring. But it looked so rich... :(', '13r7acs'], ['u/therein', 17, '2023-05-25 19:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/13r7acs/daily_discussion_thursday_may_25_2023/jllaldn/', 'We rotate today it seems. Wonderful.\n\nHere is a nice article from May 9: https://blog.bitmex.com/the-denominator/#', '13r7acs'], ['u/spinbarkit', 10, '2023-05-25 20:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/13r7acs/daily_discussion_thursday_may_25_2023/jlllzt4/', 'dude this is golden', '13r7acs']]], ['u/rBitcoinMod', 'Daily Discussion, May 25, 2023', 25, '2023-05-25 08:02', 'https://www.reddit.com/r/Bitcoin/comments/13r9iji/daily_discussion_may_25_2023/', "Please utilize this sticky thread for all general **Bitcoin** discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!\r\n\r\nIf you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.\n\nPlease check the [previous discussion thread](https://www.reddit.com/r/Bitcoin/comments/13qd45m/daily_discussion_may_24_2023/) for unanswered questions.", 'https://www.reddit.com/r/Bitcoin/comments/13r9iji/daily_discussion_may_25_2023/', '13r9iji', [['u/iamjustaguy', 26, '2023-05-25 15:33', 'https://www.reddit.com/r/Bitcoin/comments/13r9iji/daily_discussion_may_25_2023/jlk96yp/', 'I\'ve noticed increased simping for politicians here on this subreddit. Please, stop. \n\nI\'m old enough to remember how a politician once said he was pro union, and the air traffic controllers endorsed him for president. After he took office, the air traffic controllers went on strike. The "pro union" president promptly fired them.\n\nSo, these politicians see how passionate bitcoiners are, so they announce their support for it. When the banksters, owners, and corporate overlords put the pressure on politicians after the election is over, don\'t forget what happened to the air traffic controllers in 1981.\n\nThere are many more examples, both Democrat and Republican.\n\nDON\'T TRUST POLITICIANS! (verify by looking at their track record with a critical mind)', '13r9iji'], ['u/paperraincoat', 11, '2023-05-25 16:17', 'https://www.reddit.com/r/Bitcoin/comments/13r9iji/daily_discussion_may_25_2023/jlkfjdq/', "Capitalist Democrats are effective enablers of Capitalist Republicans. It's like growing up being beaten by one parent and thinking the other parent is good, it often takes a long time to realize they're both terrible. \n\n\nLikewise, each party would rather let the other side win than support a non-Capitalist Democrat like Bernie. This was what finally convinced me that both parties truly are two sides of the oligarchy coin. There are real differences on lower-level issues to be sure, but when it comes to money, and stealing (printing) it, their fundamentals are the same.", '13r9iji'], ['u/hateschoolfml', 10, '2023-05-25 17:27', 'https://www.reddit.com/r/Bitcoin/comments/13r9iji/daily_discussion_may_25_2023/jlkq8nz/', 'Fiat was concocted in backrooms, imposed on all.\n\nBitcoin was built in public, imposed on none.\n\nhttps://twitter.com/anilsaidso/status/1661588756892389376?s=46&t=ihVglVXC0BQSbw6j57EoaA', '13r9iji'], ['u/Umpire_State_Bldg', 13, '2023-05-25 17:43', 'https://www.reddit.com/r/Bitcoin/comments/13r9iji/daily_discussion_may_25_2023/jlksr3r/', 'Bitcoin rewards smart, honest, hard-working people.\n\nFiat currency punishes smart, honest, hard-working people.\n\nFiat currency rewards stupidity and dishonesty. Fiat currency gives false hope to the lazy.', '13r9iji']]], ['u/Ok-Implement-4370', 'Calling out CSW/CA/KW/SM', 15, '2023-05-25 08:57', 'https://www.reddit.com/r/bsv/comments/13rafos/calling_out_cswcakwsm/', "For those of you who do not know me, my family did well on BTC with Coins acquired atleast ten years ago. 300 BTC that was cashed out is my rough budget I can set aside for this project.\n\nSo to help AVP in his Quest for Evidence in one of his recent posts, I am offering to purchase 500,000 BSV at the market rate at the time the evidence is verified.\nhttps://twitter.com/Arthur_van_Pelt/status/1660919603495567362?t=8-qAv7c8ytwqK6giqsqKuA&s=19\n\nI see this as two outcomes.\nIf CSW/CA/KW/SM want credibility, which at this point is zero then they can view this in two outcomes as well.\n\nIt allows those who foolishly 'invested' into BSV and wish to get out with a minimal loss to sell, I will prioritise their Coins over TAAL purchases etc for this huge order and pay above the current market rate for those who wish to sell and recover some of their losses. I will give 250,000 of these BSV Coins to whoever presents verifiable evidence first. As the price plummets for BSV, it means I spend less and the 'winner' gets a smaller jackpot.\n\nObviously, once the evidence is verified, the value of the coins will skyrocket on news that Craig is not a total pathological lying, thieving, delusional narcissist living a fantasy world of Grandeur ensuring the Evidence provider gets a massive injection of BSV.\n\nWhether anyone wants to buy that BSV from the winner is dependent on the market but we all know what the market adoption has been like so far...\nMaybe this is not actually a prize if you cannot exchange it for anything 😂\n\nPrize cannot be provided as Cash or BTC or any other reputable Shitcoin 👍\n\nYour call BSV lovers. Ask Daddy Calvin, Sugar Baby Craig, creepy Uncle Stephen or Kurt the sock under the bed to cough up some REAL Evidence.\n\nSomehow I can guarantee it will be Soon™ or with a Bonded Courier, stomped on the evidence, Dog ate my homework, Cat shat in my Hat or the Hong Kong Safety Box got raided by S.H.E.I.L.D to protect the world(I should Copyright that one but we all know CSW will plagiarise it anyway)", 'https://www.reddit.com/r/bsv/comments/13rafos/calling_out_cswcakwsm/', '13rafos', [['u/anonymouscitizen2', 16, '2023-05-25 11:31', 'https://www.reddit.com/r/bsv/comments/13rafos/calling_out_cswcakwsm/jljkfbv/', 'I visited Craigs 30000 acre property in Australia in 07-2008 and saw an idling laptop computer on-top of an intro to C++ textbook. Also can affirm his 3rd cousin thinks he’s good at computer stuff and he believed craig made bitcoin ( he’s dead now, passed in 06) I will testify to this in an Antiguan court of law. \n\ncontact me for my payment details, thx.', '13rafos']]], ['u/B1gg_R3dd', 'Is this the last time to “get in early”?', 32, '2023-05-25 08:58', 'https://www.reddit.com/r/CryptoCurrency/comments/13rag8n/is_this_the_last_time_to_get_in_early/', 'I hear people saying to newcomers that we are all still very very early as far as crypto is concerned. My fear is that I haven’t had enough time to build my portfolio to really have anything worthwhile in this next bull market. I will keep dca in to btc and eth and looking in to other projects regardless, but I don’t feel like I’ll be obtaining financial freedom anytime soon. As we move closer to this next Bitcoin halving, and what I assume to be a potential bull market on the horizon, could this be the last time to truly be an early bird in the crypto space? Mining doesn’t seem like a viable option anymore unless you spend a lot of money and have low electricity costs, so the only way for me to invest is by continuing to work my job and use fiat for everything. Maybe this is just the FOMO talking, but I can’t help but feel like I should sell all my shit to just throw in to Bitcoin and alt coins right now.', 'https://www.reddit.com/r/Crypto... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Company to add more than 120,000 miners to its managed fleet, increase total hashrate under management by approximately 12.2 EH/s MIAMI, May 26, 2023 --( BUSINESS WIRE )--US Data Mining Group Inc. dba US Bitcoin Corp ("USBTC"), which announced an all-stock merger of equals with Hut 8 Mining Corp. (NASDAQ: HUT) on February 7, 2023, today announced that it has been selected after multiple rounds of bidding in a competitive auction process to manage the restructured mining division of Celsius Network LLC ("Celsius"), which filed for Chapter 11 bankruptcy protection in July 2022. USBTC submitted the winning bid as part of the Fahrenheit, LLC ("Fahrenheit") coalition. The Fahrenheit coalition includes crypto industry pioneers USBTC, Arrington Capital, Proof Group Capital Management, Steven Kokinos, and Ravi Kaza. Upon restructuring, Fahrenheit will serve as the management company of the broader Celsius entity. Fahrenheit will receive a management fee of $20 million per year as part of a five-year agreement with Celsius. "Our specialized expertise and track record of execution ultimately secured Fahrenheit’s successful bid to restructure Celsius," said Michael Ho, CEO of USBTC. "Each member of the coalition brings extensive experience operating, optimizing, and scaling high-potential assets across web3 markets." Under the proposed restructuring, USBTC will enter into one or more operating and services agreements with the restructured company to become the exclusive operator of all mining assets formerly owned by Celsius. In addition to a portion of the management fee, USBTC will also receive from Fahrenheit a fee of $15 million per year net of operating expenses to manage the mining division of the restructured company. USBTC expects to increase its total installed hashrate under management by approximately 12.2 EH/s upon full energization of the Celsius fleet of 121,800 machines. "We are deeply committed to building value for the creditors of Celsius," said Asher Genoot, President of USBTC. "Just as we did with Generate Capital and NextEra Energy in the Compute North bankruptcy, we will help another deserving partner emerge from bankruptcy stronger than ever. We’re incredibly excited to get to work and show the world what we can achieve together." The consummation of Celsius’ restructuring transaction is subject to approval of the Bankruptcy Court. Story continues About US Bitcoin Corp (USBTC) USBTC is a leading industrial-scale operator of bitcoin mining sites, specializing in the design, construction, and management of sites with access to low-cost and sustainable sources of energy. The company operates four sites across the United States with total capacity of more than 730 MW of electricity and generates revenue through self-mining, hosting, managed infrastructure operations, and equipment sales. USBTC announced an all-stock merger of equals with Hut 8 Mining Corp. on February 7, 2023, which is subject to customary closing conditions. The combined company will be named Hut 8 Corp. and will be a U.S.-domiciled entity. Disclaimer This press release incorporates "future-oriented information" and "forward-looking statements" as per United States securities laws. All data, apart from statements of historical facts, included in this press release that address actions, events, or developments that USBTC anticipates or expects will or might take place in the future, including aspects such as future business strategy, competitive strengths, objectives, expansion and growth of USBTC\'s businesses, operations, plans, and other similar matters, constitute future-oriented information. Forward-looking information is often indicated by terms such as "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "allow", "believe", "estimate", "expect", "predict", "can", "might", "potential", "predict", "is designed to", "likely", or similar expressions. Furthermore, any statements in this press release referring to expectations, projections, or other descriptions of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts; instead, they signify management\'s expectations, estimates, and projections about future events based on certain significant factors and assumptions at the time the statement was made. While US Data Mining Group Inc. dba US Bitcoin Corp ("USBTC") deems these statements reasonable as of the press release\'s date, such statements are subject to recognized and unknown risks, uncertainties, assumptions, and other factors that may result in the actual results, activity level, performance, or achievements being materially different from those conveyed or implied by such future-oriented information. The forward-looking statements included in this press release are provided as of the press release\'s date, and USBTC expressly disclaims any duty to update or modify statements containing any future-oriented information, or the factors or assumptions underlying them, whether due to new data, future events, or otherwise, except as mandated by law. Except where otherwise specified herein, the information provided herein is based on matters as they exist as of the date of preparation and not as of any future date and will not be updated or otherwise revised to reflect information that subsequently becomes available, or circumstances existing or changes occurring after the date of preparation. View source version on businesswire.com: https://www.businesswire.com/news/home/20230525005908/en/ Contacts For more information, visit www.usbitcoin.com or contact [email protected]', 'Company to add more than 120,000 miners to its managed fleet, increase total hashrate under management by approximately 12.2 EH/s MIAMI, May 26, 2023 --( BUSINESS WIRE )--US Data Mining Group Inc. dba US Bitcoin Corp ("USBTC"), which announced an all-stock merger of equals with Hut 8 Mining Corp. (NASDAQ: HUT) on February 7, 2023, today announced that it has been selected after multiple rounds of bidding in a competitive auction process to manage the restructured mining division of Celsius Network LLC ("Celsius"), which filed for Chapter 11 bankruptcy protection in July 2022. USBTC submitted the winning bid as part of the Fahrenheit, LLC ("Fahrenheit") coalition. The Fahrenheit coalition includes crypto industry pioneers USBTC, Arrington Capital, Proof Group Capital Management, Steven Kokinos, and Ravi Kaza. Upon restructuring, Fahrenheit will serve as the management company of the broader Celsius entity. Fahrenheit will receive a management fee of $20 million per year as part of a five-year agreement with Celsius. "Our specialized expertise and track record of execution ultimately secured Fahrenheit’s successful bid to restructure Celsius," said Michael Ho, CEO of USBTC. "Each member of the coalition brings extensive experience operating, optimizing, and scaling high-potential assets across web3 markets." Under the proposed restructuring, USBTC will enter into one or more operating and services agreements with the restructured company to become the exclusive operator of all mining assets formerly owned by Celsius. In addition to a portion of the management fee, USBTC will also receive from Fahrenheit a fee of $15 million per year net of operating expenses to manage the mining division of the restructured company. USBTC expects to increase its total installed hashrate under management by approximately 12.2 EH/s upon full energization of the Celsius fleet of 121,800 machines. "We are deeply committed to building value for the creditors of Celsius," said Asher Genoot, President of USBTC. "Just as we did with Generate Capital and NextEra Energy in the Compute North bankruptcy, we will help another deserving partner emerge from bankruptcy stronger than ever. We’re incredibly excited to get to work and show the world what we can achieve together." The consummation of Celsius’ restructuring transaction is subject to approval of the Bankruptcy Court. Story continues About US Bitcoin Corp (USBTC) USBTC is a leading industrial-scale operator of bitcoin mining sites, specializing in the design, construction, and management of sites with access to low-cost and sustainable sources of energy. The company operates four sites across the United States with total capacity of more than 730 MW of electricity and generates revenue through self-mining, hosting, managed infrastructure operations, and equipment sales. USBTC announced an all-stock merger of equals with Hut 8 Mining Corp. on February 7, 2023, which is subject to customary closing conditions. The combined company will be named Hut 8 Corp. and will be a U.S.-domiciled entity. Disclaimer This press release incorporates "future-oriented information" and "forward-looking statements" as per United States securities laws. All data, apart from statements of historical facts, included in this press release that address actions, events, or developments that USBTC anticipates or expects will or might take place in the future, including aspects such as future business strategy, competitive strengths, objectives, expansion and growth of USBTC\'s businesses, operations, plans, and other similar matters, constitute future-oriented information. Forward-looking information is often indicated by terms such as "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "allow", "believe", "estimate", "expect", "predict", "can", "might", "potential", "predict", "is designed to", "likely", or similar expressions. Furthermore, any statements in this press release referring to expectations, projections, or other descriptions of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts; instead, they signify management\'s expectations, estimates, and projections about future events based on certain significant factors and assumption **Last 60 Days of Bitcoin's Closing Prices:** [27139.89, 27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-26 **Financial & Commodity Data:** - Gold Closing Price: $1944.10 - Crude Oil Closing Price: $72.67 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $513,120,316,306 - Hash Rate: 376858753.076624 - Transaction Count: 532373.0 - Unique Addresses: 738629.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.49 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: OMNIQ Corp. (NASDAQ: OMQS ) Q4 2022 Earnings Call Transcript April 1, 2023 Operator: Hello, and welcome to the OMNIQ Corporation's Third Quarter (sic) and 2022 Earnings Conference Call. My name is Halley, and I will be coordinating your call today. With us on the call are Mr. Shai Lustgarten, Chief Executive Officer; and Neev Nissenson, Chief Financial Officer. Today's call is being recorded and you should have access to the company's fourth quarter and year-end 2022 earnings press release issued after the market closed yesterday. This information is available on the Investor Relations section of OMNIQ's website at www.omniq.com. During the course of this call, we will make certain forward-looking statements. All statements that address expectations, opinions or predictions about the future are forward-looking statements. Although, they reflect our current expectations and are based on our best view of the industry and our current expectations and our business as we see them today, they are not guarantee of future performance. These statements involve a number of risks and uncertainties and since these elements can change and in certain cases are not within our control, we would ask that you consider that and interpret them in that light. We urge you to review the Company's Form 10-K and other SEC filings for a discussion of the principal risks and uncertainties that affect the Company's business and performance and the factors that could cause actual results to differ materially. OMNIQ undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by law. Following the prepared remarks, the company will be taking questions as time permits. Now I will turn the call over to Mr. Shai Lustgarten, CEO. Mr. Lustgarten, please go ahead. Shai Lustgarten: Thank you, operator. And good morning, everybody. Thank you for joining us today to discuss our Q4 and year-end 2022 financial results. To start, I'd like to thank each one of our employees across the entire company for their continued hard work and dedication to our vision and strategic plan. During today's call, I am pleased to share with you our financials as well as give you an update on our recent achievements, and a clearer understanding of our future focus and potential opportunities. I'm proud to announce that we experienced record breaking revenues of $102.5 million for 2022, growing from $78 million in 2021 and $55 million in 2020. In addition, we recognize the record gross profit of $22.1 million, an increase of $5 million, or 33% over last year, and 100% over 2020. Story continues Also, we recorded positive cash flow from operations totaling $1.2 million, another strong milestone. This growth came from a diverse group of customers in a wide variety of sectors including safe city, supply chain, hospitals, restaurants and retail. This diversity proves once again that our platform designed offering has demand and success from multiple large verticals will depend on our technology and services to improve their operations and increase safety. It is also important to note that our AI revenue increased over 100% from 2021 to 2022, as our higher margin products gained momentum. While we have incurred upfront expenses related to our AI product and sales, our revenue share model will allow for higher margins going forward. As we look to 2023 and beyond, we see ongoing strength across verticals and are excited about both the progress and opportunities ahead. During the year, we made several significant announcements, including 14 contracted cities for Q Shield or Safe City products completed the closing of 100% of Dangot Computers, formalized the banking relationship increasing the strength of our balance sheets, named a total solution partner for one of the largest global leaders in enterprise asset intelligence for robotics, supply chain management, deployed our AI and machine vision solutions to our 50th Airport and many more achievements, which you can see from the numerous press releases throughout the year. As we look into 2023, we have three company initiatives as well as three areas of growth that we believe will drive our company to continuous success. I will start with the company's initiatives. First, selling deeper and wider to our existing Fortune 100 and 500 customers in all three business lines. Second, increased focus on generating cash and profitability by further efficiencies in operations, and continued focus on sales growth. And third, focusing on the momentum in our deployments of our AI products to existing and newly penetrated markets. Before I go further, let me turn the call over to Neev Nissenson, our Chief Financial Officer who will go over our financial results in more detail. Neev? Neev Nissenson: Yes, thank you, Shai. Hello, everybody. In the year ended December 31 2022, OMNIQ reported records revenue of $102 million, which is an increase of 31% from $78 million at year ended December 31, 2021. We also reported record gross profit of $22.1 million in 2022 compared to $16.7 million in 2021. Our gross margin for 2022 also slightly improved to 22%. Total operating expenses for the year was $31.7 million compared with $27 million for last year - for a year before last 2021. Net loss for 2022 was $13.6 million or a loss of $1.82 per share, compared with a loss of $13.1 million or loss of $2.20 per share in 2021. This loss includes one-time expenses incurred from the implementation of our ERP system company wide. Adjusted EBITDA or adjusted earnings before interest, taxes, depreciation, amortization and non-recurring loss events for the year ended 2022 amounted to an adjusted EBITDA loss of $2.9 million compared with an adjusted EBITDA loss of $4.1 million in the year that ended December 31, 2021, an improvement of $1.2 million in our adjusted EBITDA profitability. Let me turn the call back to Shai to talk more about our operational achievements and focused goals. Shai? Major Retailers and Services That Accept Bitcoin in 2018 alphaspirit/Shutterstock.com Shai Lustgarten: Thank you, Neev. Now that we have discussed what we have accomplished last year, let's now shift focus on our plan, and what our shareholders can expect. While we continue our efforts on all sectors, we are specifically enthusiastic and focused on three verticals including safe city, supply chain and traffic management. As we look at our entire businesses and with these three verticals in mind, we expect to see accelerated growth and strong results. I'd like to take a few minutes now to expand on each of these three key verticals so you have a better understanding of the opportunity ahead. First, safe cities. Safe City is driven by Q Shield our proprietary AI offering that has been labelled by our first customer as the force multiplier. In addition, this solution removes the need for a physical officer by utilizing our proprietary vehicle recognition system and our cloud based citation management technology. The technology operates 24/7 while providing an unbiased approach eliminating the potential for conflict that has traditional report. Our solution is unique in both the patented technology as well as the revenue share model that we created and has resulted in both the safety benefit as well as the revenue generator for the cities we serve. The system identifies any vehicle driving through the city, which is our National Crime Information Centre database, NCIC or on the city's local Bureau of Investigations database. Within 20 milliseconds, our system alerts the authorities of potential criminals, and if any vehicles are driven, unregistered or uninsured, as well as a full menu of other violations that the individual city can choose from. Our strategies to target small and medium and medium sized cities who see immediate impact from Q Shield with over 16,000 small and medium cities across the country, our potential is that while gaining rapid momentum in 2022, we continue to believe this represents a significant opportunity of growth and margin expansion for the company. Our current backlog of cities continues to grow as our exposure expands and have targeted an additional 35 to 40 cities to potentially be contracted this year. Next supply chain. OMNIQ continues to enjoy solid sales from our long standing customers, many of whom have relied on the company for over 20 years to handle their logistics and supply chain challenges. This segment represents a foundational business for us servicing some of the largest companies in the world, including many Fortune 100 and 500 companies. We are proud of several awards were received including the $4 million contract from a multinational transportation logistics company, and $29 million order from a large supermarket chain and the $4 million order for advanced supply chain equipment from a Fortune 50 company. It is important to note that not only this is stable generated revenue, it also have a significant opportunity to sell our AI related products into these corporative customer base, which over time brings an opportunity to both increase our revenues, as well as our margins significantly. And finally, traffic management. This vertical includes our AI solution for airports, commercial and public parking, and our newly introduced HOV solution with over 50 airports deploying and using our solution we have a solid presence across the nation and continue to add many new locations. We're currently servicing thousands of parking lots and are introducing our latest technology that utilizes both ticketless and gateless parking solutions, which allow for both a better customer experience, as well as increased efficiencies for the parking facilities. Our HOV product now not counts passengers driving down the highway, it also is currently being utilized by a large public company with a green initiative utilizing our passenger counting t... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Toronto, Ontario--(Newsfile Corp. - May 26, 2023) - Bluesky Digital Assets Corp., (CSE: BTC) (OTCQB: BTCWF) ("Bluesky" or the "Corporation") announced today that it had completed several debt settlements and that the Corporation settled an aggregate of $735,343 CAD of secured debt owed to four creditors via the issuance of an aggregate 15,810,432 Common Shares. $652,575 CAD was settled via the issuance of 13,051,500 Common Shares at a price of $0.05 CAD per Common Share. $82,768 CAD was settled via the issuance of 2,758,932 Common Shares at a price of $0.03 CAD per Common Share. The Corporation settled the pricing for the $82,768 on April 4, 2023. The Debt Settlement will assist the Corporation in preserving its cash for working capital and to further advance its AI endeavors. About Bluesky Digital Assets Corp. Bluesky Digital Assets Corp, is building a high value digital enterprise. Bluesky in its startup phase, mined digital currencies such as Bitcoin and Ether and developed value-added technology services for the digital currency market, such as proprietary technology solutions. Offering a complete ecosystem of value-creation, Bluesky has invested appropriate portions of its previous digital currency mining profits back into its operations. A percentage of the profit l was invested in the development of a proprietary Artificial Intelligence ("AI") based Blockchain technology. Overall, Bluesky takes an approach that enables the Corporation to scale, and respond to changing conditions, within the still-emerging Blockchain industry. The Corporation is poised to capture value in successive phases as this industry continues to change, evolve, and scale. For more information please visit Bluesky at: www.blueskydigitalassets.com or www.blueskyintel.com . Please also follow us on Linkedin at: www.linkedin.com/company/bluesky-digital-assets/ . For further information please contact: Mr. Ben Gelfand CEO & Director Bluesky Digital Assets Corp. T: (416) 363-3833 E: [email protected] Story continues Mr. Frank Kordy Secretary & Director Bluesky Digital Assets Corp. T: (647) 466-4037 E: [email protected] Forward-Looking Statements Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward- looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release. We seek safe harbor. - 30 - To view the source version of this press release, please visit https://www.newsfilecorp.com/release/167788', 'Toronto, Ontario--(Newsfile Corp. - May 26, 2023) - Bluesky Digital Assets Corp., (CSE: BTC) (OTCQB: BTCWF) ("Bluesky" or the "Corporation") announced today that it had completed several debt settlements and that the Corporation settled an aggregate of $735,343 CAD of secured debt owed to four creditors via the issuance of an aggregate 15,810,432 Common Shares. $652,575 CAD was settled via the issuance of 13,051,500 Common Shares at a price of $0.05 CAD per Common Share. $82,768 CAD was settled via the issuance of 2,758,932 Common Shares at a price of $0.03 CAD per Common Share. The Corporation settled the pricing for the $82,768 on April 4, 2023. The Debt Settlement will assist the Corporation in preserving its cash for working capital and to further advance its AI endeavors.\nAbout Bluesky Digital Assets Corp.\nBluesky Digital Assets Corp, is building a high value digital enterprise. Bluesky in its startup phase, mined digital currencies such as Bitcoin and Ether and developed value-added technology services for the digital currency market, such as proprietary technology solutions. Offering a complete ecosystem of value-creation, Bluesky has invested appropriate portions of its previous digital currency mining profits back into its operations. A percentage of the profit l was invested in the development of a proprietary Artificial Intelligence ("AI") based Blockchain technology. Overall, Bluesky takes an approach that enables the Corporation to scale, and respond to changing conditions, within the still-emerging Blockchain industry. The Corporation is poised to capture value in successive phases as this industry continues to change, evolve, and scale.\nFor more information please visit Bluesky at:www.blueskydigitalassets.comorwww.blueskyintel.com.\nPlease also follow us on Linkedin at:www.linkedin.com/company/bluesky-digital-assets/.\nFor further information please contact:\nMr. Ben GelfandCEO & DirectorBluesky Digital Assets Corp.T: (416) 363-3833E:[email protected]\nMr. Frank KordySecretary & DirectorBluesky Digital Assets Corp.T: (647) 466-4037E:[email protected]\nForward-Looking Statements\nInformation set forth in this news release may involve forward-looking statements under applicable securities laws. The forward- looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release. We seek safe harbor.\n- 30 -\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/167788', "Participants Clark S. Soucy; IR Director; Canaan Inc. James Jin Cheng; CFO; Canaan Inc. Nangeng Zhang; Chairman & CEO; Canaan Inc. Jiaer Zhu; Research Analyst; China Renaissance Securities (US) Inc., Research Division Jiaji Song Kevin Darryl Dede; MD of Equity Research & Senior Technology Analyst; H.C. Wainwright & Co, LLC, Research Division Michael Frederick Legg; Senior Equity Analyst; The Benchmark Company, LLC, Research Division Presentation Operator Ladies and gentlemen, thank you for standing by, and welcome to Canaan's Inc. First Quarter 2023 Earnings Conference Call. At this time, all participants are in listen-only mode. After the management's prepared remarks, we will have a question-and-answer session. Please note that this event is being recorded. Now I would like to hand the conference over to your speaker host today, Mr. Clark Soucy, Investor Relations Director of the company. Please go ahead, Clark. Clark S. Soucy Thank you. Hello, everyone, and welcome to our earnings conference call. The company's financial and operating results were released by Newswire services earlier today and are currently available online. Joining us today are our Chairman and CEO, Mr. Nangeng Zhang; and our CFO, Mr. Jin Cheng James. In addition, Mr. Leo Wang, IR Senior Director; and Ms. Xi Zhang, IR Manager, will also be available during the question-and-answer session. Mr. Zhang will start the call by providing an overview of the company and performance highlights for the quarter. Mr. Cheng will then provide details on the company's operating and financial results for the period before we open the call up for your questions. Before we continue, I would like to refer you to our safe harbor statement in our earnings press release. Today's call will include forward-looking statements. These statements include, but are not limited to, our outlook for the company and statements that estimate or project future results of operations or the performance of the company. These statements speak only as of the date hereof, and the company assumes no obligation to revise any forward-looking statements that may be made in today's press release, call or webcast, except as required by law. These statements do not guarantee future performance and are subject to risks, uncertainties and assumptions. Please refer to the press release and the risk factors and documents we file with the Securities and Exchange Commission, including our most recent annual report on Form 20-F for information on risks, uncertainties and assumptions that may cause actual results to differ materially from those set forth in such statements. In addition, during today's call and webcast, we will discuss both GAAP financial measures and certain non-GAAP financial measures, which we believe are useful as supplemental measures of the company's performance. These non-GAAP measures should be considered in addition to and not as a substitute for or in isolation from GAAP results. You can find additional disclosures regarding these non-GAAP measures, including reconciliations with comparable GAAP results in o **Last 60 Days of Bitcoin's Closing Prices:** [27268.13, 28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-27 **Financial & Commodity Data:** - Gold Closing Price: $1944.10 - Crude Oil Closing Price: $72.67 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $518,626,457,212 - Hash Rate: 357153720.2360163 - Transaction Count: 471633.0 - Unique Addresses: 672783.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.48 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Marathon Digital Holdings (MARA), one of the largest publicly traded crypto miners in North America, reported a narrower-than-forecast first-quarter loss per share as a rising bitcoin price and increased production helped lift the Las Vegas-based company back toward profitability. The company also said it received another subpoena from the U.S. Securities and Exchange Commission (SEC), which is looking into related-party transactions, among other things, that may have violated federal securities law. The company said it is cooperating with the investigation. Marathon posted a net loss of $0.05 per share compared with an average estimate of $0.08 according to FactSet data. The loss narrowed from the previous quarter , when it was $3.14, as well as the same period in 2022 , when it was $0.12, according to a Wednesday filing . Revenue rose to $51.1 million from $28.4 million in the previous three months. The figure was little changed from the year-earlier period. Analysts had forecast revenue of $48.8 million for the quarter. After facing construction and operational hurdles last year, including the bankruptcy of one of its hosting partners – Compute North , Marathon has increased production. The firm’s operational hashrate increased 64% quarter on quarter to 11.5 exahash/second (EH/s), with bitcoin production hitting a record of BTC 2,195 ($80 million) in the quarter. The price of bitcoin surged more than 70% in the first quarter. “After weathering a tumultuous 2022 that tested the resilience of our entire industry, this year is off to a strong start as we grew our hashrate, reduced our cost to mine, and improved our balance sheet during the first quarter,” Chairman and CEO Fred Thiel said in the statement. Marathon shares fell more than 2% in pre-market Nasdaq trading on Thursday. The SEC subpoena follows an earlier one regarding the issuance of 6 million shares of common stock related to its Hardin, Montana facility. The company is working on expanding its operations into the Middle East. This week, it announced a joint venture with an investment firm backed by Abu Dhabi’s sovereign wealth fund for a 200 megawatt (MW) immersion-cooled facility in the emirate. Story continues Along with other miners , Marathon sold almost all of its mined bitcoin in February , ending a long-time strategy to hold onto its production. It has also worked to reduce debt levels, which were among the highest of publicly traded miners. In March, it terminated a credit facility with Silvergate Bank after earlier paying $30 million to the now-defunct bank. CORRECTION (May 11, 14:10): Corrects company headquarters location in first paragraph.... - Reddit Posts (Sample): [['u/Makeshiftsthename', 'Good Afternoone Regards', 10, '2023-05-27 00:07', 'https://www.reddit.com/r/wallstreetbets/comments/13spyd1/good_afternoone_regards/', "Good Afternoon Fellow Regards\n\nAs expected the news broke that the fed most likely is leaning towards another hike, Yellen stated the real debt deadline isn't the first, and option interest in terms of GEX and DEX are still bullish. What would we expect to see in the upcoming day? \n\nThe market began to rally on the narrative that rates would get paused. If you ever read or heard the speech that John Williams (Federal Reserve chairmen) gave in 2018 you would know that it was a bunch of bs thrown at retail in order for them to eat it up. I am obviously positioned bearishly and have been taking the blunt force of it all stupidly. But I still have faith and hope in that draw down.... there is no real reason for the rally, the only promising narrative is the AI narrative. It has some pros to it and even I use it for work. However, the narrative of how AI will transform the world is stupid if not malicious. They are preying on all of the innocent people believing that a glorified search engine will provide revolutionary work. All while ChatGPT couldn't even tell me what day it was, what it's opinion was, and how to make roaring kitty money from it all. \n\nMaybe, my bearish position is stupid and trust me.... has costed me tens of thousands, but I just don't see the bull market hype. Technicals have been shifting to the point of stupidly bullish but even then would I rather risk taking a long on a glorified search engine or just liquidate my positions and yield the 5% I can from a money market? \n\n\n\nBackground about me: I am one of the original Roaring Kitty viewers and helpers to form the thesis on (stock that cannot be mentioned). Don't believe me? Go rewatch the YouTube videos... I was a btc, eth, tsla, shop, (stock that cannot be mentioned), and many more names that ran up exponentially bull. I am now more of a losing regard since I've lost plenty of it because of a hypothesis I had with NFTs and also my recent big short, but I'm holding true to my thesis and trying to recover from a beating.", 'https://www.reddit.com/r/wallstreetbets/comments/13spyd1/good_afternoone_regards/', '13spyd1', [['u/alohaguy808', 14, '2023-05-27 00:37', 'https://www.reddit.com/r/wallstreetbets/comments/13spyd1/good_afternoone_regards/jlr7sg6/', 'Be patient. Soon this subreddit will be flooded by bulls posting massive losses and wanting advice for getting out of paying the IRS with money they no longer have. Happens every hype cycle.', '13spyd1']]], ['u/ARoyaleWithCheese', 'BitCone should organize a BRC-20 drop (Bitcoin Ordinals)', 16, '2023-05-27 00:36', 'https://www.reddit.com/r/ConeHeads/comments/13sqlvs/bitcone_should_organize_a_brc20_drop_bitcoin/', "Not much to say here, to be honest. Ordinals are all the hot new rage. We're literally called *Bit*Cone. Seems like a natural fit. \n\nObviously a lot easier said than done but uhhh, I think we can do it (and by we I mean the people here who are much more competent than I am)\n\n**Explanation of what inscriptions/ordinals actually are:** \n> To put it super simply: imagine Bitcoins are dollar bills, like dollar bills, one dollar bill is effectively identical to every other - I don't care which one I get.\n\n> But, the dollars do have some differences. Some dollars were printed earlier than others and all of the dollar bills have serial numbers that show when they were printed. Bitcoin works in a similar way.\n\n> Bitcoin ordinals, or inscriptions, are comparable to writing text directly onto a dollar bill. You've now made that specific dollar bill different from the others and that inscription (the text) will travel together with the dollar bill wherever it goes. Same principle with Bitcoin and inscriptions. Of course, inscriptions aren't limited to just text. You can inscribe up to 4MB into each ordinal and that 4MB can be anything: text, art, an entirely new token or the code to a videogame.", 'https://www.reddit.com/r/ConeHeads/comments/13sqlvs/bitcone_should_organize_a_brc20_drop_bitcoin/', '13sqlvs', [['u/deedopete', 13, '2023-05-27 01:01', 'https://www.reddit.com/r/ConeHeads/comments/13sqlvs/bitcone_should_organize_a_brc20_drop_bitcoin/jlrax42/', 'Heard that Ordinals slow down BTC so I have mixed feelings', '13sqlvs']]], ['u/Niket___', 'Your prediction for next bullrun?', 17, '2023-05-27 00:56', 'https://www.reddit.com/r/LunaClassic/comments/13sr3ol/your_prediction_for_next_bullrun/', "Whenever the next bull run happens after BTC halving of 2024, and the market touches new ATH. What's your prediction for LUNC? At this estimate I'm guessing 150B LUNC would be burned by the time the bull run begins. \n\nWill LUNC get pushed with other coins as well? Will we touch the previous ATH and cross 0.0006 USDT?", 'https://www.reddit.com/r/LunaClassic/comments/13sr3ol/your_prediction_for_next_bullrun/', '13sr3ol', [['u/LeReilly', 13, '2023-05-27 01:00', 'https://www.reddit.com/r/LunaClassic/comments/13sr3ol/your_prediction_for_next_bullrun/jlraqq0/', "Burn doesn't matter, the bullrun doesn't matter, without utility there's no chain/prediction.\n\nYou should focus on upcoming projects and proposals (inside) instead of the macro situation (outsite)", '13sr3ol']]], ['u/marsangelo', 'Irony: We went from tracking Binance’s BUSD wallet to the US Government’s wallet', 72, '2023-05-27 01:01', 'https://www.reddit.com/r/CryptoCurrency/comments/13sr81d/irony_we_went_from_tracking_binances_busd_wallet/', 'Maybe alot of you arent familiar with this, but there was a theory that [Binance was propping up liquidity](https://www.coindesk.com/markets/2023/03/13/binance-will-convert-1b-worth-of-busd-stablecoin-to-bitcoin-ether-bnb-and-other-tokens/?outputType=amp) in the crypto market when volume was waning on almost all metrics. Crypto twitter and on-chain sleuths were tracking movements of the wallet to time their trades and market amidst the “debanking” of crypto when liquidity dried up. \n\nPeople were saying things like “its all a façade time is almost up”. “Binance account getting drained then we nuke”. “Theres nothing organic about this movement its all a sham”.\n\nPivot to whats known as the *US Treasury General Account*, TGA for short. This is basically the bank account the US Gov uses to pay national debt and pay treasury yields. The Treasury has been propping up this liquidity scam since interest rates started climbing. This account sat at around **$1 trillion** in 2022 and has been going down ever since yields started inverting. Yesterday it hit $50 billion, but today hit just **$38 billion**. When Yellen and crew say “early June we will default” they really mean it.\n\n*Insert Pam from The Office theyre the same picture meme*\n\nIm not exonerating CZ for playing with the market, but the parallels here are pretty spot on. Things that arent ponzis can be ponzi-like, so its best to be objective when assessing how different financial systems operate.', 'https://www.reddit.com/r/CryptoCurrency/comments/13sr81d/irony_we_went_from_tracking_binances_busd_wallet/', '13sr81d', [['u/Winter_Otter_', 14, '2023-05-27 01:06', 'https://www.reddit.com/r/CryptoCurrency/comments/13sr81d/irony_we_went_from_tracking_binances_busd_wallet/jlrbldr/', 'The more I hear about CZ, the more I find him shady. And he always manage to get away with drama. Not sure if he is legit, or an evil genius.', '13sr81d'], ['u/astockstonk', 11, '2023-05-27 01:10', 'https://www.reddit.com/r/CryptoCurrency/comments/13sr81d/irony_we_went_from_tracking_binances_busd_wallet/jlrc08u/', 'The US: we will just mint a few trillion dollar platinum coins and all will be well', '13sr81d'], ['u/deftaj', 10, '2023-05-27 01:15', 'https://www.reddit.com/r/CryptoCurrency/comments/13sr81d/irony_we_went_from_tracking_binances_busd_wallet/jlrcnqx/', 'Realistically CZ is responsible for the collapse of FTX and a couple others, mainly by dumping his holdings of their tokens. So he’s definitely playing the CEX game of thrones (and winning)', '13sr81d'], ['u/Savik519', 26, '2023-05-27 01:27', 'https://www.reddit.com/r/CryptoCurrency/comments/13sr81d/irony_we_went_from_tracking_binances_busd_wallet/jlre6pc/', 'US Dollar. The ultimate shitcoin.', '13sr81d'], ['u/pipedreamt7', 17, '2023-05-27 01:43', 'https://www.reddit.com/r/CryptoCurrency/comments/13sr81d/irony_we_went_from_tracking_binances_busd_wallet/jlrg8jw/', "If FTX hadn't built their castle on sand then CZ wouldn't have been able to wash them away.", '13sr81d'], ['u/Arcosim', 11, '2023-05-27 06:49', 'https://www.reddit.com/r/CryptoCurrency/comments/13sr81d/irony_we_went_from_tracking_binances_busd_wallet/jlse3st/', 'If the US Dollar were a crypto coin it would 100% be classified as a shitcoin: ultra centralized, a single entity can mint it endlessly and the supply doubled in a matter of three years, inflationary, can be falsified.', '13sr81d']]], ['u/krisrosl', 'I got a cheater banned, and then we spoke for 30 minutes.', 826, '2023-05-27 01:38', 'https://www.reddit.com/r/halo/comments/13ss377/i_got_a_cheater_banned_and_then_we_spoke_for_30/', 'Turns out he actually f’ed up pretty bad.\n\nSo I was playing halo infinite for an hour yesterday and played a cheater for 2 out of 4 games. I checked theatre mode, and it was the really obvious kind where he would instantly lock onto every player that entered his fov and perfect them.\n\nI clipped it, reported him and sent him a message to tell him what an loser he is. He responded with the classic «git good» and «oh, so salty», and we went back and forth for a bit. Then suddenly, about 10 minutes later, he sent me a message that he got banned and invited me to a party.\n\nI joined, and the chat was actually quite civilized. He tried to deny the cheating, but gave up quite fast. He then went on to explain that he’d only done it for a couple of games, just to try it out, even though he had 75% win ra... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['• Bitcoin has jumped over 60% year-to-date, paring losses from a brutal 2022.\n• Insider spoke to four crypto experts on what\'s next for bitcoin in 2023.\n• One blockchain exec said bitcoin can\'t hit a record high until US inflation is under control.\nAfter a tumultuous 2022, bitcoin has increased more than 60% year-to-date and the cryptocurrency market\'s total value sits well above the $1 trillion mark.\nThe industry has seemingly gotten back on its feet since the downfall of Sam Bankman-Fried\'s FTX in November, along with a slew of other industry bankruptcies including centralized lender Celsius, brokerage Voyager Digital, and hedge fund Three Arrows Capital earlier in the year.\nWhile it can be hard to predict bitcoin\'s moves, experts told Insider there are a few things to watch for this year to get a sense of where the world\'s largest cryptocurrency is headed.\nFirst, bitcoin can\'t claim another all-time until the macroeconomic environment clears up, Charmyn Ho, head of crypto insights at digital asset exchange Bybit, told Insider. The crypto traded at a record of $67,566 in November of 2021, perMessari.\n"However, a possible headwind is the potential recession forecast to hit the US, Europe, and other major economies due to a stubbornly inverted yield curve," Ho told Insider. "Couple this with a bunch of other unsavory macro factors — such as inflation — many investors would rather remain on the sidelines."\n"This is contributing to the mostly sideways price action we\'ve been experiencing," Ho added.\nA key technical event for Bitcoin\'s network, the halving, could push the token\'s price up significantly though. Although the halving is estimated to occur in April of 2024, Ho says bitcoin may go on a tear leading up to the event.\n"Bitcoin halvings are significant because they slash the production of new bitcoins on the network by half," Ho said. "This curtails the supply of freshly minted coins, thus leading to a price increase if the demand persists."\n"Litecoin, which is due for its halving this year, is up around 90% since its lows in Q3, 2022," Ho said. "Therefore, if we take that as a guide, it is possible that we could see a similar 90% move from Bitcoin\'s Q3, 2023 price, which would give a rough target of about $60,000."\nJagdeep Sidhu, president of Syscoin Foundation, expressed similar optimism around the halving.\n"While we\'ve weathered some storms recently, the resilience of the crypto ecosystem remains evident. From the ashes of FTX, the market has rebounded, demonstrating its inherent capacity to absorb shocks and evolve," Sidhu told Insider.\n"As we approach the next Bitcoin halving and crypto dominance looks set to peak, we\'re on the cusp of exciting developments in the crypto world."\nIf inflation cools in the US and there\'s regulatory clarity around digital assets, another crypto exec told Insider that bitcoin could hit $38,000 by year-end, a 41% increase from its current trading level.\n"My base case is bitcoin will trade in a range to a range between $25,000 and $32,000 for the remainder of 2023," Tim Shan, COO at decentralized crypto exchange Dexalot, said. "But if we see inflation remain high, I think bitcoin could trade back down to lows of the year."\n"The short to medium term driver is still inflation, and specifically US inflation. I think core inflation has been pretty sticky but will continue to decline in the US, leading the Fed to pause for the rest of the year," Shan added.\nDavid Uhryniak, who works on ecosystem development at blockchain infrastructure provider TRON, is confident that bitcoin will finish the year "significantly higher" and could close out 2023 at over $35,000.\n"Right now, smart traders are waiting for greater validation as to which way bitcoin and the rest of the market will move next before committing serious money," Uhryniak told Insider. "By Q4, much of the uncertainty that\'s clouded the market all year should have abated. Things like concerns over the Mt. Gox coins being liquidated or the US government selling its stockpile of BTC confiscated from black markets."\nRead the original article onBusiness Insider', '• Bitcoin has jumped over 60% year-to-date, paring losses from a brutal 2022.\n• Insider spoke to four crypto experts on what\'s next for bitcoin in 2023.\n• One blockchain exec said bitcoin can\'t hit a record high until US inflation is under control.\nAfter a tumultuous 2022, bitcoin has increased more than 60% year-to-date and the cryptocurrency market\'s total value sits well above the $1 trillion mark.\nThe industry has seemingly gotten back on its feet since the downfall of Sam Bankman-Fried\'s FTX in November, along with a slew of other industry bankruptcies including centralized lender Celsius, brokerage Voyager Digital, and hedge fund Three Arrows Capital earlier in the year.\nWhile it can be hard to predict bitcoin\'s moves, experts told Insider there are a few things to watch for this year to get a sense of where the world\'s largest cryptocurrency is headed.\nFirst, bitcoin can\'t claim another all-time until the macroeconomic environment clears up, Charmyn Ho, head of crypto insights at digital asset exchange Bybit, told Insider. The crypto traded at a record of $67,566 in November of 2021, perMessari.\n"However, a possible headwind is the potential recession forecast to hit the US, Europe, and other major economies due to a stubbornly inverted yield curve," Ho told Insider. "Couple this with a bunch of other unsavory macro factors — such as inflation — many investors would rather remain on the sidelines."\n"This is contributing to the mostly sideways price action we\'ve been experiencing," Ho added.\nA key technical event for Bitcoin\'s network, the halving, could push the token\'s price up significantly though. Although the halving is estimated to occur in April of 2024, Ho says bitcoin may go on a tear leading up to the event.\n"Bitcoin halvings are significant because they slash the production of new bitcoins on the network by half," Ho said. "This curtails the supply of freshly minted coins, thus leading to a price increase if the demand persists."\n"Litecoin, which is due for its halving this year, is up around 90% since its lows in Q3, 2022," Ho said. "Therefore, if we take that as a guide, it is possible that we could see a similar 90% move from Bitcoin\'s Q3, 2023 price, which would give a rough target of about $60,000."\nJagdeep Sidhu, president of Syscoin Foundation, expressed similar optimism around the halving.\n"While we\'ve weathered some storms recently, the resilience of the crypto ecosystem remains evident. From the ashes of FTX, the market has rebounded, demonstrating its inherent capacity to absorb shocks and evolve," Sidhu told Insider.\n"As we approach the next Bitcoin halving and crypto dominance looks set to peak, we\'re on the cusp of exciting developments in the crypto world."\nIf inflation cools in the US and there\'s regulatory clarity around digital assets, another crypto exec told Insider that bitcoin could hit $38,000 by year-end, a 41% increase from its current trading level.\n"My base case is bitcoin will trade in a range to a range between $25,000 and $32,000 for the remainder of 2023," Tim Shan, COO at decentralized crypto exchange Dexalot, said. "But if we see inflation remain high, I think bitcoin could trade back down to lows of the year."\n"The short to medium term driver is still inflation, and specifically US inflation. I think core inflation has been pretty sticky but will continue to decline in the US, leading the Fed to pause for the rest of the year," Shan added.\nDavid Uhryniak, who works on ecosystem development at blockchain infrastructure provider TRON, is confident that bitcoin will finish the year "significantly higher" and could close out 2023 at over $35,000.\n"Right now, smart traders are waiting for greater validation as to which way bitcoin and the rest of the market will move next before committing serious money," Uhryniak told Insider. "By Q4, much of the uncertainty that\'s clouded the market all year should have abated. Things like concerns over the Mt. Gox coins being liquidated or the US government selling its stockpile of BTC confiscated from black markets."\nRead the original article onBusiness Insider', 'One exec told Insider that bitcoin can\'t hit a record high until US inflation is under control. Yuichiro Chino/Getty Images Bitcoin has jumped over 60% year-to-date, paring losses from a brutal 2022. Insider spoke to four crypto experts on what\'s next for bitcoin in 2023. One blockchain exec said bitcoin can\'t hit a record high until US inflation is under control. After a tumultuous 2022, bitcoin has increased more than 60% year-to-date and the cryptocurrency market\'s total value sits well above the $1 trillion mark. The industry has seemingly gotten back on its feet since the downfall of Sam Bankman-Fried\'s FTX in November, along with a slew of other industry bankruptcies including centralized lender Celsius, brokerage Voyager Digital, and hedge fund Three Arrows Capital earlier in the year. While it can be hard to predict bitcoin\'s moves, experts told Insider there are a few things to watch for this year to get a sense of where the world\'s largest cryptocurrency is headed. First, bitcoin can\'t claim another all-time until the macroeconomic environment clears up, Charmyn Ho, head of crypto insights at digital asset exchange Bybit, told Insider. The crypto traded at a record of $67,566 in November of 2021, per Messari. "However, a possible headwind is the potential recession forecast to hit the US, Europe, and other major economies due to a stubbornly inverted yield curve," Ho told Insider. "Couple this with a bunch of other unsavory macro factors — such as inflation — many investors would rather remain on the sidelines." "This is contributing to the mostly sideways price action we\'ve been experiencing," Ho added. A key technical event for Bitco **Last 60 Days of Bitcoin's Closing Prices:** [28348.44, 28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-28 **Financial & Commodity Data:** - Gold Closing Price: $1944.10 - Crude Oil Closing Price: $72.67 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $526,943,966,162 - Hash Rate: 394100656.8121559 - Transaction Count: 496158.0 - Unique Addresses: 647993.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.50 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Billionaire reality star Sam Logan is known for his extravagant lifestyle and irresistible charisma both on and off the camera. Don’t Miss: The House-Printing Robot Shaking Up a $7.28 Trillion Industry If you're not familiar with “Siesta Key”, it's a reality show that follows the lives of a group of young adults living in the sunny paradise of Florida's Gulf Coast. Among them, Logan has stood out as a successful entrepreneur who always knows how to have a good time. While some billionaire heirs might be content to rely on their family's wealth, Logan is choosing to expand his financial portfolio. Rather than coasting on his inheritance, Logan is building his own success story. Logan’s family has a long history of successful entrepreneurship. His father, Samuel Sr., is a key player in Logan Construction Group LLC, which has been building homes for almost 30 years. The Logan family business is known for constructing luxury homes in some of the most opulent neighborhoods in Florida and the Caribbean, including Tildens Grove, Palm Lake and Hammock Pointe. Meanwhile, Logan’s mother, Elizabeth, is the grand-niece of Ellen Browning Scripps, founder of the Scripps Research Institute. Today, Scripps’s extended family owns Scripps Network Interactive, a television company that runs several popular networks, including HGTV, Food Network, Travel Channel and DIY Network. Sam Logan is a 10% owner of the company. See More: A Healthier Alternative to Coffee & Energy Drinks: Pureboost Gives You Energy Without The Burnout and Exhaustion Logan is a savvy entrepreneur in his own right and owns several successful businesses, including Kuma Cannabis and Concierge Automotive Services, which specializes in high-end pre-used exotic cars. He is not only an entrepreneur but also an animal lover and a committed vegan. His two furry friends Tofu and Chickpea have been his constant companions and even inspired his latest business venture — FAUXCUS , a luxury vegan outerwear brand. Story continues FAUXCUS specializes in innovative designs that are ethically crafted for change, bringing a new generation of faux furs to the fashion industry. The brand's vegan faux fur collection mimics the natural beauty of animal fur while being soft, versatile and built to last. In addition to promoting animal welfare, protecting the planet is at the core of FAUXCUS's brand philosophy. The company uses recycled materials in both design and packaging and implements eco-friendly manufacturing methods to reduce waste and minimize its impact on the environment. To stay updated with top startup news and investments, sign up for Benzinga’s Startup Investing & Equity Crowdfunding Newsletter On Dec. 30, 2021, Logan made headlines for selling his luxurious Siesta Key mansion for $6,85 million — above his asking price of $6.8 million. The sale caught the attention of many, not just because of the impressive price tag but also because it was the first time that Bitcoin and non-fungible tokens (NFTs) were used in a residential real estate transaction in Sarasota County. According to reports , Logan listed the property for 112 Bitcoin, and he paid the commission for his real estate agent and co-star Lexie Salameh in Bitcoin. The inclusion of Bitcoin and NFTs in the transaction was made possible by Living Vogue, the real estate brokerage that represented Logan in the sale, which offered six NFTs as a special gift to the buyer. After selling the Siesta Key home, he purchased a stunning $12.5 million Miami mansion from electronic dance music manager Myles Shear. The property boasts spacious rooms, top-of-the-line amenities and breathtaking waterfront views. The fate of “Siesta Key” may be uncertain as the show has not been renewed or canceled, but one thing is for sure — Logan will continue to thrive as a billionaire heir and successful entrepreneur, whether he's on reality TV or not. See more on startup investing from Benzinga. Collaborative Robots Startup Using Teams Of AI-Powered Drones To Make Flying Safer AI Startups Turn to Retail Investors To Fund the Growth of the $1.59 Trillion Artificial Intelligence Market Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better . This article Beyond the Billions: Reality Star Sam Logan's Empire Of Luxury Cars And Vegan Outerwear originally appeared on Benzinga.com . © 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening:\nPrices:Crypto and Asian stock markets opened strongly as the White House announced a deal averting a debt ceiling crisis, with Bitcoin and Ether seeing increases of 5% and 4.9%, respectively.\nInsights:China didn\'t say much new about Web3 in a paper it released over the weekend, but the report represented progress in a country that has scaled back its approach to cryptocurrencies.\nCoinDesk Market Index (CMI)\n1,209\n+44.9▲3.9%\nBitcoin (BTC)\n$28,249\n+1404.6▲5.2%\nEthereum (ETH)\n$1,917\n+89.4▲4.9%\nS&P 500\n4,205.45\n+54.2▲1.3%\nGold\n$1,960\n+16.0▲0.8%\nNikkei 225\n30,916.31\n+115.2▲0.4%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,209", "+44.9\\u25b23.9%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$28,249", "+1404.6\\u25b25.2%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,917", "+89.4\\u25b24.9%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,205.45", "+54.2\\u25b21.3%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,960", "+16.0\\u25b20.8%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["30,916.31", "+115.2\\u25b20.4%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nCrypto is beginning the Asia trading day well into the green after theWhite House announcedthat a deal to avert a debt ceiling crisis has been reached.\nBitcoin is starting the Asia trading day up 5% to $28,249, while ether is up 4.9% to $1,917. Overall, the CoinDesk Market Index (CMI) is up 4% to 1,209.\nBitcoin is still down 2.8% during the past month, as the looming debt ceiling crisisweighed heavilyon the asset class.\n"Bitcoin found support around $25K and consolidated for about two weeks before rallying today," Joe DiPasquale, CEO of crypto fund manager BitBull Capital wrote in an email. "Whether this move continues till $30K remains to be seen, but we expect the market leader to test that key resistance once again in the near term."\nDiPasquale added: On the flip side, the range between $22K and $25K is acting as a reliable support for bulls."\nHouse Speaker Kevin McCarthy told reporters over the weekend that there\'s still work to be done on the bill, anticipating its completion by Sunday, and a vote by Wednesday.\nMeanwhile, President Biden said the deal is "an important step forward" in a statement, calling it a compromise.\nStock markets in Asia are also opening strong on the news. In Japan, the Nikkei 225 was up 2% in the first 30 minutes of trading, while Australia’s ASX 200 was up 1.18%.\n[{"Asset": "Bitcoin", "Ticker": "BTC", "Returns": "+5.5%", "DACS Sector": "Currency"}, {"Asset": "Cardano", "Ticker": "ADA", "Returns": "+4.9%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Ethereum", "Ticker": "ETH", "Returns": "+4.9%", "DACS Sector": "Smart Contract Platform"}]\nThere are no losers in CoinDesk 20 today.\nChina’s Web3 Isn’t Our Web3\nOver the weekend, authorities at the Beijing Municipal Science & Technology Commission, which oversees the Zhongguancun Chaoyang Park – a cluster of China’s top tech companies and academic institutions – released a whitepaper outliningsuggestions for China’s web3 policy.\nOn Crypto Twitter, this excited the usual crowd, egged on by a tweet from Binance CEO Changpeng Zhao, who said the timing was “interesting” considering Hong Kong’s soon-to-be-enabled crypto regulatory framework on June 1.\nBut the reality is this whitepaper is more of China’s existing policy of blockchain-not-crypto.\nWeb3, in China, means an internet enhanced by artificial intelligence, blockchain, faster computing chips and more resilient networks.\nThe whitepaper is more interested in defining – and enhancing – the layers of infrastructure behind the internet, which it identifies as the infrastructure layer, interactive terminal layer, platform tool layer and application layer, in a way that’s reminiscent of theOpen Systems Interconnection (OSI) model of network layers, which has been the bible of network topology since the 1980s.\nAnd by no means is this a bad thing. It might be time that our understanding of a network layer is updated to account for new technologies, and China is keen to write thenext generation of technology standardsto wrestle that away from a U.S.-led Western technology trade bloc.\nBut this doesn’t have anything to do with crypto.\nBulls of the China narrative say that mainland China is only a few steps behind Hong Kong in opening its doors to crypto trading, just like how it looked to the semi-autonomous territory for lessons in stock markets before opening its own. This might be the case now, but a lot has to be figured out before then, such as how to allow crypto trading to exist without running into conflict with mainland China’s rules on capital control.\nThat’s the subject for another day, though. Meanwhile, China isn’t embracing crypto – yet.\nU.S. Memorial Day holiday\n5 p.m. HKT/SGT(9 a.m. UTC):Italy non-E.U. trade balance (April)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nDigital Currency Group Shutters TradeBlock; State of Crypto Hacks in 2023\nDigital Currency Group (DCG), the parent company of CoinDesk, closed its trade execution and prime brokerage services unit, TradeBlock, citing crypto winter and regulatory uncertainties. Gerber Kawasaki director of Get Invested Brett Sifling shared his crypto markets analysis. Plus, Columbia Business School adjunct professor Austin Campbell discussed the state of stablecoin regulation in the U.S. And TRM Labs head of legal and government affairs Ari Redbord explained why crypto hacks are down significantly in the first three months of 2023.\nStriving for the Impossible: Reasonable Crypto Debate:Debates in crypto are increasingly polarized and politicized, as a recent CoinDesk story about a controversial mining plant in New York shows.\nBinance, Other Crypto Players Shun Multichain as Bridging Rumors Swirl:With facts hard to come by, a coterie of crypto players are taking action.\nStablecoin Issuer Lybra Finance Nears $100M in TVL:Lybra Finance was launched last month and uses liquid staking derivatives to offer a decentralized interesting-bearing stablecoin.\nGulf Binance Clinches Thai Regulatory Approval:The joint venture between Gulf Innova and Binance aims to begin offering crypto services in the country later this year.\nStablecoins Are the \'Glue\' Between the Real Economy and Blockchain: Binance Japan General Manager:Binance Japan may be still "a long way off" its business and activities being properly understood and in gaining regulatory acceptance, said the exchange\'s Takeshi Chino.\nUPDATE (May 29, 2023, 1:10 UTC):Adds Joe DiPasquale comment.', 'Good morning. Here’s what’s happening:\nPrices:Crypto and Asian stock markets opened strongly as the White House announced a deal averting a debt ceiling crisis, with Bitcoin and Ether seeing increases of 5% and 4.9%, respectively.\nInsights:China didn\'t say much new about Web3 in a paper it released over the weekend, but the report represented progress in a country that has scaled back its approach to cryptocurrencies.\nCoinDesk Market Index (CMI)\n1,209\n+44.9▲3.9%\nBitcoin (BTC)\n$28,249\n+1404.6▲5.2%\nEthereum (ETH)\n$1,917\n+89.4▲4.9%\nS&P 500\n4,205.45\n+54.2▲1.3%\nGold\n$1,960\n+16.0▲0.8%\nNikkei 225\n30,916.31\n+115.2▲0.4%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,209", "+44.9\\u25b23.9%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$28,249", "+1404.6\\u25b25.2%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,917", "+89.4\\u25b24.9%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,205.45", "+54.2\\u25b21.3%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,960", "+16.0\\u25b20.8%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["30,916.31", "+115.2\\u25b20.4%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nCrypto is beginning the Asia trading day well into the green after theWhite House announcedthat a deal to avert a debt ceiling crisis has been reached.\nBitcoin is starting the Asia trading day up 5% to $28,249, while ether is up 4.9% to $1,917. Overall, the CoinDesk Market Index (CMI) is up 4% to 1,209.\nBitcoin is still down 2.8% during the past month, as the looming debt ceiling crisisweighed heavilyon the asset class.\n"Bitcoin found support around $25K and consolidated for about two weeks before rallying today," Joe DiPasquale, CEO of crypto fund manager BitBull Capital wrote in an email. "Whether this move continues till $30K remains to be seen, but we expect the market leader to test that key resistance once again in the near term."\nDiPasquale added: On the flip side, the range between $22K and $25K is acting as a reliable support for bulls."\nHouse Speaker Kevin McCarthy told reporters over the weekend that there\'s still work to be done on the bill, anticipating its completion by Sunday, and a vote by Wednesday.\nMeanwhile, President Biden said the deal is "an important step forward" in a statement, calling it a compromise.\nStock markets in Asia are also opening strong on the news. In Japan, the Nikkei 225 was up 2% in the first 30 minutes of trading, while Australia’s ASX 200 was up 1.18%.\n[{"Asset": "Bitcoin", "Ticker": "BTC", "Returns": "+5.5%", "DACS Sector": "Currency"}, {"Asset": "Cardano", "Ticker": "ADA", "Returns": "+4.9%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Ethereum", "Ticker": "ETH", "Returns": "+4.9%", "DACS Sector": "Smart Contract Platform"}]\nThere are no losers in CoinDesk 20 today.\nChina’s Web3 Isn’t Our Web3\nOver the weekend, authorities at the Beijing Municipal Science & Technology Commission, which oversees the Zhongguancun Chaoyang Park – a cluster of China’s top tech companies and academic institutions – released a whitepaper outliningsuggestions for China’s web3 policy.\nOn Crypto Twitter, this excited the usual crowd, **Last 60 Days of Bitcoin's Closing Prices:** [28033.56, 28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-29 **Financial & Commodity Data:** - Gold Closing Price: $1944.10 - Crude Oil Closing Price: $72.67 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $536,174,995,950 - Hash Rate: 399026915.0223079 - Transaction Count: 550324.0 - Unique Addresses: 664954.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.52 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin (BTC) users in Africa are increasingly moving to the Lightning network and stablecoins as transaction fees havesoared to their highest levelin about two years. TheLightning networkis a layer built on top of the Bitcoin network to process transactions more quickly. Many across the continent have already been using these tools, so they weren’t necessarily troubled by spiking fees, but instability has also been noticed even in wallets that use the Lightning network, some said. As a result of the higher fees there has been a shift of demand from customers who now “prefer moving their transactions through stablecoins like USDT, while folk with low volume transactions now prefer lightning network transactions over the base layer transactions,” said Heritage Falodun, the founder of Africa-focused over-the-counter liquidity provider Digioats. Read more:Binance Resumes Bitcoin Withdrawals After Second Pause, Says It's Adjusting Fees and Integrating Lightning Network The dramatic increase in transaction fees is at least in part due to the introduction ofordinalson Bitcoin, a protocol which allows for the creation of non-fungible tokens and BRC-20 tokens, associated with some memecoins, on the Bitcoin network. The day-to-day users of bitcoin for transactions such as cross-border payments and remittances have been greatly affected, saidLorraine Marcel, a Kenya-based founder of Bitcoin DADA, a project to educate women in Africa on the crypto. The majority of the African population is not familiar with the Lightning network and “most educators prefer onboarding newbies onto the unchain network as it offers self custody,” she said. While the absolute amounts of transaction fees may seem small to those in the West, to those in African countries with weak economies it’s a significant burden, said Lagos, Nigeria-based Mary Imasuen, host of the Bitcoin Gamer Chat Podcast. Traders are also affected. “Most exchanges that operate in Africa don’t yet have lightning ... a lot of traders are still waiting for transactions from three days ago to confirm ... [while] some trades are too expensive to settle,” said Kgothatso ofMachankura walletin an interview with CoinDesk. Those running Lightning nodes are also facing difficulties. “Opening a channel to the node now costs more than before because of the bitcoin fees,” said Imasuen. “From the perspective of those in Africa, where our currency is constantly devaluing, that cost is not small,” she said. Ultimately this could lead to less decentralization of the network. Fewer “everyday people” will be able to “run effective nodes without using a well funded LSP [lighting service provider],” which could increase centralization on Layer 2, said Nikolai Tjongarero, Bitcoin Educator, founder of EasySats and BTC Mining Namibia. Even those that are already using the Lightning network have faced difficulties as transactions have been congested or liquidity has run dry across services providers. “Every Monday for the past year and a half I've paid salaries for 11 people working for Bitcoin Ekasi using lightning, and today was the first time in over a year that the process hasn't gone smooth,” said Hermann Vivier, chairman of South African Bitcoin Ekasi, a startup aiming to create a circular bitcoin economy. “I had to use 4 different lightning wallets as channel liquidity between different wallet providers had dried up.” Users of the Muun wallet, which utilizes both the bitcoin and lightning layers to process transactions, have been charged high fees, particularly those employing it for payments at South African retail chain Pick N Pay, said Kgothatso. Congestion on the mempool has meant that swaps in the Muun wallet are expensive, with users having to foot the bill, Kgothatso added. Mempools are essentially waiting rooms for bitcoin transactions. These have been clogged in the last couple of days, witharound 400,000 transactionswaiting to be processed at certain times. Muunbases its fee estimates on the condition of the mempool, so with more congestion, fees have increased. Despite all these issues, many in Africa see this fee spike as a potentially net benefit for adoption as it supercharges the shift towards Lightning network integration and other solutions. Marcel is “hopeful” that the fee increase “is just temporary” but added that it is “an eye opener.” “In a way it's a good thing, as it's forcing people onto lightning … despite the short term inconvenience,” said Vivier. Read more:Bitcoin’s ‘BRC-20’ Explosion Sends Users Scrambling for Options, Including Lightning... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening:\nPrices:The post-debt ceiling rally in the crypto market has ended, with bitcoin and ether declining in East Asia. What\'s the next narrative for crypto?\nInsights:The latest Commitment of Traders reports shows a rebound in open long positions among asset managers.\nCoinDesk Market Index (CMI)\n1,197\n−11.5▼1.0%\nBitcoin (BTC)\n$27,746\n−354.3▼1.3%\nEthereum (ETH)\n$1,893\n−21.0▼1.1%\nS&P 500\n4,205.45\n+54.2▲1.3%\nGold\n$1,960\n+15.9▲0.8%\nNikkei 225\n31,233.54\n+317.2▲1.0%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,197", "\\u221211.5\\u25bc1.0%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,746", "\\u2212354.3\\u25bc1.3%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,893", "\\u221221.0\\u25bc1.1%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,205.45", "+54.2\\u25b21.3%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,960", "+15.9\\u25b20.8%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["31,233.54", "+317.2\\u25b21.0%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nLooking for the Next Pricing Narrative\nBy Sam Reynolds\nGood morning Asia,\nYesterday’s post-debt ceiling deal rally has come to an end.\nBitcoin is beginning East Asia’s trading day down 1.3% at $27,746 while ether is down 1.1% to $1,893.\nIn the last few weeks, crypto has struggled with anarrative problem. The absence of a defining narrative – is it a risk asset, or a hedge against risk? – has made for patternless price swings and confused investors.\nSome might say, for instance, that bitcoin should have risen on debt ceiling uncertainty, as a U.S. default would have jolted the traditional financial system. But instead, bitcoin acted like a stock. Perhapscrypto’s narrativeis no narrative at all.\nEd Moya, a Senior Market Analyst with foreign exchange market maker OANDA, posits that the upcoming U.S. election is the narrative to watch.\n“We were reminded that the key to Bitcoin’s success in the US might depend on the upcoming presidential election," Moya wrote in a note Friday. "Florida governor Ron Desantis announced his intentions to run for president and appears poised to ‘protect’ Bitcoin.”\nWith Central Bank Digital Currencies being a newwedge issuein Florida’s political landscape, the national stage is the next logical step. Crypto has come up in elections worldwide, such asSouth KoreaandThailand, and President Joe Bidenmentioned itwhen discussing debt deal negotiations.\nMaybe this will be the narrative to watch?\n[{"Asset": "XRP", "Ticker": "XRP", "Returns": "+2.3%", "DACS Sector": "Currency"}, {"Asset": "Stellar", "Ticker": "XLM", "Returns": "+0.6%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "Gala", "Ticker": "GALA", "Returns": "\\u22124.0%", "DACS Sector": "Entertainment"}, {"Asset": "Polygon", "Ticker": "MATIC", "Returns": "\\u22123.5%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Avalanche", "Ticker": "AVAX", "Returns": "\\u22123.1%", "DACS Sector": "Smart Contract Platform"}]\nFunding Rates Remain Positive in Crypto Markets\nBy Glenn Williams Jr.\nThe Commitment of Traders report shows that asset managers have increased their open long positions in bitcoin after falling in the two prior weeks. The 24-contract increase follows a reduction of 162 contracts the week prior.\nThe increase halts what appeared to be more of an overall reduction in exposure than a commentary on price itself. Asset managers reduced their short positions as well over the identical time period by a total of 194 contracts.\nThe Commodity Futures Trading Commission (CFTC) releases COT data weekly, detailing the open interest and activity of asset managers, leveraged funds, and dealer intermediaries in bitcoin futures.\nAsset Managers now comprise 48.9% of open long positions on the Chicago Mercantile Exchange, and are 97.25% long the asset as a group.\n5 p.m. HKT/SGT(9 a.m. UTC):European Commission business climate (May)\n5 p.m. HKT/SGT(9 a.m. UTC):European Commission consumer confidence (May)\n10 p.m. HKT/SGT(2 p.m. UTC):U.S. consumer confidence (May)\nIn case you missed it, here is the most recent episode of"The Hash"onCoinDesk TV:\nLawyer Behind FTX Lawsuit Addresses Shaq Getting Served; Ether Balance on Exchanges Nears All-Time Low\n"The Hash" hosts weighed in on the biggest stories shaping the crypto industry today. The number of ether (ETH) on exchanges hit a low not seen since July 2016 as staking saps up available ether. Separately, the potential sign that good-economic-news-equals-bad-news for digital asset prices narrative is beginning to shift. Plus, the lawyer representing some FTX investors, Adam Moskowitz, joined "The Hash" to discuss basketball legend Shaquille O\'Neal being served in a class action lawsuit regarding FTX and its celebrity endorsements.\nDogecoin Chart Pattern Suggests Volatility Explosion Ahead:A technical analysis indicator called Bollinger bandwidth suggests dogecoin\'s unusual calm could soon end with a pronounced move in either direction.\nGemini and Bankrupt Lender Genesis Ask U.S. Court to Dismiss SEC Lawsuit Targeting Earn Program:The U.S. Securities and Exchange Commission alleged the two entities had sold unregistered securities through Gemini\'s Earn program.\nBitcoin\'s Short-Term Holders Are Again Selling at Profit:Short-term holders\' renewed profitability is a positive signal for near-term price action, according to on observer.\nFantom Will Pay Back 15% of Token Fees to Some Projects:The move is part of an initiative to drive demand for block space, which help add to the value proposition of FTM tokens.\nShiba Inu-Themed Floki Sees Trading Volume Surge Amid China Plans:Floki prices rallied on Sunday amid a bitcoin-led market push and bets on the token\'s “China narrative.”', 'Good morning. Here’s what’s happening: Prices: The post-debt ceiling rally in the crypto market has ended, with bitcoin and ether declining in East Asia. What\'s the next narrative for crypto? Insights: The latest Commitment of Traders reports shows a rebound in open long positions among asset managers. Prices CoinDesk Market Index (CMI) 1,197 −11.5 ▼ 1.0% Bitcoin (BTC) $27,746 −354.3 ▼ 1.3% Ethereum (ETH) $1,893 −21.0 ▼ 1.1% S&P 500 4,205.45 +54.2 ▲ 1.3% Gold $1,960 +15.9 ▲ 0.8% Nikkei 225 31,233.54 +317.2 ▲ 1.0% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,197 −11.5 ▼ 1.0% Bitcoin (BTC) $27,746 −354.3 ▼ 1.3% Ethereum (ETH) $1,893 −21.0 ▼ 1.1% S&P 500 4,205.45 +54.2 ▲ 1.3% Gold $1,960 +15.9 ▲ 0.8% Nikkei 225 31,233.54 +317.2 ▲ 1.0% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Looking for the Next Pricing Narrative By Sam Reynolds Good morning Asia, Yesterday’s post-debt ceiling deal rally has come to an end. Bitcoin is beginning East Asia’s trading day down 1.3% at $27,746 while ether is down 1.1% to $1,893. In the last few weeks, crypto has struggled with a narrative problem . The absence of a defining narrative – is it a risk asset, or a hedge against risk? – has made for patternless price swings and confused investors. Some might say, for instance, that bitcoin should have risen on debt ceiling uncertainty, as a U.S. default would have jolted the traditional financial system. But instead, bitcoin acted like a stock. Perhaps crypto’s narrative is no narrative at all. Ed Moya, a Senior Market Analyst with foreign exchange market maker OANDA, posits that the upcoming U.S. election is the narrative to watch. “We were reminded that the key to Bitcoin’s success in the US might depend on the upcoming presidential election," Moya wrote in a note Friday. "Florida governor Ron Desantis announced his intentions to run for president and appears poised to ‘protect’ Bitcoin.” Story continues With Central Bank Digital Currencies being a new wedge issue in Florida’s political landscape, the national stage is the next logical step. Crypto has come up in elections worldwide, such as South Korea and Thailand , and President Joe Biden mentioned it when discussing debt deal negotiations. Maybe this will be the narrative to watch? Biggest Gainers Asset Ticker Returns DACS Sector XRP XRP +2.3% Currency Stellar XLM +0.6% Smart Contract Platform Biggest Losers Asset Ticker Returns DACS Sector Gala GALA −4.0% Entertainment Polygon MATIC −3.5% Smart Contract Platform Avalanche AVAX −3.1% Smart Contract Platform Insights Funding Rates Remain Positive in Crypto Markets By Glenn Williams Jr. The Commitment of Traders report shows that asset managers have increased their open long positions in bitcoin after falling in the two prior weeks. The 24-contract increase follows a reduction of 162 contracts the week prior. Long and short positions among asset managers (based on Commitment of Traders report) The increase halts what appeared to be more of an overall reduction in exposure than a commentary on price itself. Asset managers reduced their short positions as well over the identical time period by a total of 194 contracts. The Commodity Futures Trading Commission (CFTC) releases COT data weekly, detailing the open interest and activity of asset managers, leveraged funds, and dealer intermediaries in bitcoin futures. Asset Managers now comprise 48.9% of open long positions on the Chicago Mercantile Exchange, and are 97.25% long the asset as a group. Important events. 5 p.m. HKT/SGT(9 a.m. UTC): European Commission business climate (May) 5 p.m. HKT/SGT(9 a.m. UTC): European Commission consumer confidence (May) 10 p.m. HKT/SGT(2 p.m. UTC): U.S. consumer confidence (May) CoinDesk TV In case you missed it, here is the most recent episode of "The Hash" on CoinDesk TV : Lawyer Behind FTX Lawsuit Addresses Shaq Getting Served; Ether Balance on Exchanges Nears All-Time Low "The Hash" hosts weighed in on the biggest stories shaping the crypto industry today. The number of ether (ETH) on exchanges hit a low not seen since Ju **Last 60 Days of Bitcoin's Closing Prices:** [28478.48, 28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-30 **Financial & Commodity Data:** - Gold Closing Price: $1958.00 - Crude Oil Closing Price: $69.46 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $541,120,824,375 - Hash Rate: 379321882.1817001 - Transaction Count: 515246.0 - Unique Addresses: 713954.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.51 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: When the overall market conditions are bullish, the movement inpenny stocksis like the cryptocurrency world. Individual stocks can deliver multibagger returns in weeks. This price action was clear during the meme stock frenzy during 2021. Currently, some of the top penny stocks are depressed. However, market movements are cyclical. It’s the best time to accumulate quality penny stocks with quadruple potential. When sentiments reverse, fundamentally strong penny stocks will skyrocket. I must caution that the markets face several headwinds. This includes inflation, debt ceiling, and a potential recession. Investors therefore need to remain cautious. However, at least 20% to 30% of the portfolio can still be allocated togrowth stocksand high-risk penny stocks. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Let’s discuss three penny stocks that can deliver multibagger returns by 2025. [{"KGC": "CRON", "Kinross Gold": "Cronos", "$4.88": "$1.88"}, {"KGC": "BITF", "Kinross Gold": "Bitfarms", "$4.88": "$1.12"}] Source: T. Schneider / Shutterstock.com Kinross Gold(NYSE:KGC) stock is among the top penny stocks to buy with multibagger returns potential. Given several global factors, I am bullish on precious metals doing well in the coming years. Gold is trading near $2,000 an ounce and it’s likely that the precious metal will make new highs in 2023. From a valuation perspective, KGC stock trades at a forward price-earnings ratio of 14.4. Further, the stock also offers an attractive dividend yield of 2.34%. Valuations coupled with dividend visibility point to significant upside potential. Kinross reportedoperating cash flow of $259 millionfor Q1 2023. This implies an annualized OCF potential of $1 billion. Further, the company reported a liquidity buffer of $1.7 billion as of March. With high financial flexibility, Kinross is positioned to make aggressive investments. Currently, the company has guided forstable gold production through 2025. However, acquisitions can change the scenario in terms of production growth. Even with stable production, Kinross is positioned to report robust free cash flows with gold near $2,000 an ounce. Source: Voar CC / Shutterstock.com Cronos(NASDAQ:CRON) stock trades at a big valuation gap and is among the top penny stocks from the cannabis sector. Cronos Group commands a valuation of $707 million. The company reported cash and short-term investments of $836 million as of Q1 2023. For Q1, Cronos disappointed on the revenue front. However, there are two positives to note. First, Cronos reported lower EBITDA level losses on operating efficiency. Furthermore, Cronos has guided forpositive cash flow in 2024. This is a major stock upside catalyst. In terms of product offering, Cronos is well diversified. The company offers recreational cannabis products in Canada. Further, wellness products are available in Canada and Israel. Cronos has also been sellinghemp-derived consumer productsin the United States. Given the high financial flexibility, I would not be surprised if Cronos pursues opportunistic acquisitions to boost growth. Source: PHOTOCREO Michal Bednarek / Shutterstock.com Assuming a scenario whereBitcoin(BTC-USD) trades above $50,000 by 2025,Bitfarms(NASDAQ:BITF) stock has multibagger potential. The mining stock remains massively undervalued even after a rally of 160% for year-to-date 2023. My key reason to be bullish on Bitfarms is as follows. For Q1 2023, Bitfarms reporteddirect cost of one Bitcoin productionat $12,500. The low-cost miner will be poised for significant EBITDA margin expansion and cash flow upside if Bitcoin remains in an uptrend. It’s also worth noting that Bitfarms reported mining capacity of 2.7EH/s in March 2022. For Q1 2023, mining capacity increased to 5EH/s. Bitfarms is targetingfurther expansion of capacityto 6EH/s by September. Sustained growth in capacity will translate into swelling digital assets. I also like the fact that Bitfarms has lowered debt by $140 million in the last 10 months. With $19 million in debt as of April and with $41 million in total liquidity, the company’s financial flexibility is robust. On the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. Faisal Humayun is a senior research analyst with 12 years of industry experience in the field of credit research, equity research and financial modeling. Faisal has authored over 1,500 stock specific articles with focus on the technology, energy and commodities sector. • Buy This $5 Stock BEFORE This Apple Project Goes Live • The Best $1 Investment You Can Make Today • Wall Street Titan: Here’s My #1 Stock for 2023 • It doesn’t matter if you have $500 or $5 million. Do this now. The post3 Penny Stocks That Can Quadruple by 2025appeared first onInvestorPlace.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['PHILADELPHIA, PA / ACCESSWIRE / May 30, 2023 /High-powered industries often require long hours and intensive work, but entrepreneurial pursuits can be equally demanding on our daily schedules. For those venturing into or navigating start-up and entrepreneurial environments, a focus on wellness is essential for success, and can even provide an operational advantage. As a wellness advocate, Bitcoin thought leader, entrepreneur, and former professional football player,Jonathan Martinhas advice for maintaining balance in business and prioritizing wellness along the way.\nCreate a Morning Routine\nStarting the day with intention sets the tone for the rest of the day. Martin recommends creating a morning routine that includes meditation, stretching, making the bed, or any other activities that help you center yourself and prepare for the day ahead. This can also include the perfect cup of coffee and a healthy breakfast to fuel your body and mind for the day ahead. Starting the day as a person is essential - before you are an employee, a student, an athlete, or anything else, take time to be yourself.\n"Creating a reliable routine was important when I was a student-athlete. As a player on a Division 1 football team at Stanford University, one of the most rigorous academic institutions in the world, I found that I needed to manage my time better than I ever had before. Building a practical and sustainable routine really helped with that, and establishing consistency in the mornings set the rest of the day up for success," saysJonathan Martin.\nFind Ways to Move Your Body\nWhen you\'re working long hours, it can be challenging to find time to exercise. However, physical activity is essential for your mental and physical health. Martin recommends finding ways to move your body throughout the day, whether that\'s taking a walk during your lunch break, doing a quick yoga flow in your office, or hitting the gym before or after work.The Mayo Clinicsupports these suggestions, noting that moving the body can help reduce stress and increase energy levels.\n"As I\'ve transitioned into the world of business and pursued graduate studies, I\'ve noticed that I spend far more time sitting than I did when I was an athlete," saysJonathan Martin. "But research shows that excessive sitting can have negative effects on both our physical and mental well-being. As a professional athlete, and now as someone who is consistently learning and creating strategy, I understand the crucial role that physical activity plays in maintaining mental sharpness. That\'s why I make a point of being intentional about moving my body every day, whether it\'s through a workout, a walk, or some other form of exercise. By prioritizing my physical health, I\'m able to stay focused, energized, and productive in all areas of my life."\nPrioritize Self-care\nSelf-care looks different for everyone, but it\'s essential to prioritize it in high-powered industries. This can include taking breaks throughout the day to recharge, practicing mindfulness, or engaging in activities that bring you joy outside of work. Martin emphasizes the importance of taking care of yourself, so you have the mental and physical energy to perform at your best.\n"You don\'t need to be moving at a million miles per hour all the time. Taking care of yourself is not a luxury, it\'s a necessity, and it\'s a lesson I wish I had learned earlier. I\'ve made self-care a priority over the last few years and it\'s completely changed the way I interact with the world for the better. I really feel empowered to make the most of every opportunity," saysJonathan Martin.\nBuild a Support System\nHaving a support system is critical in high-powered industries, where high demands can be overwhelming for many. Martin recommends building relationships with coworkers and mentors who can offer guidance and support. Additionally, finding friends and family outside of work who can provide a listening ear and offer a different perspective can also be helpful.\n"Whether it was winning bowl games or starting new companies, it was always clear to me that so much of sustained success and wellbeing depends on who you have around you," saysJonathan Martin. "I have such a supportive network, and I feel so fortunate for that. That\'s why I make it a priority to give back to my local community by volunteering every week. I believe that when people feel seen and heard, they are more empowered to elevate themselves. By investing in others, we can all rise together."\nPractice Gratitude\nIt\'s easy to get caught up in the demands and stress of high-powered industries, but practicing gratitude can help shift your perspective and reduce stress. Martin suggests starting a gratitude journal, where you write down three things you\'re grateful for each day. Focusing on the positive aspects of your life can help you feel more content and fulfilled.\nJonathan Martinnotes: "Melodie Beattie once said that \'Gratitude turns what we have into enough, and more. It turns denial into acceptance, chaos into order, confusion into clarity… it makes sense of our past, brings peace for today, and creates a vision for tomorrow.\' I know from personal experience how easy it is to get swept up in the stress and demands of life. But when I focus on gratitude, it shifts my perspective and helps me see things in a more positive light. I\'m grateful for the time I had in football. I\'m grateful for the experiences I\'ve had starting a business that found serious success. I\'m grateful for the degrees I now hold from Stanford and Georgetown. I\'m also grateful for the opportunities before me to study Bitcoin and monetary policy in action. I\'m excited to use what I learn to financially empower my community."\nWhile prioritizing wellness in high-powered industries may be challenging, it is imperative to recognize that investing in our well-being pays off in the long run. By adopting healthy habits such as a morning routine, regular physical exercise, and self-care practices, we can mitigate the negative effects of stress and increase our overall productivity and job satisfaction. Build a support system and practice gratitude to cultivate a positive mindset every day. Taking care of ourselves should be a top priority to achieve success and fulfillment in both our personal and professional lives. Consistency and intentionality around wellness can create a significant advantage for entrepreneurs and anyone working jobs with high demand.\nContact Information:\nAndrew MitchellEmail:[email protected]: 404-955-7133\nSOURCE:Cambridge Global\nView source version on accesswire.com:https://www.accesswire.com/758102/Jonathan-Martin-Shares-Tips-for-Wellness-Through-Entrepreneurial-Pursuits', 'Good morning. Here’s what’s happening:\nPrices:A new report from K33 highlights heightened volatility in Bitcoin and Ether in 2023, despite a slow start to the year.\nInsights:Observers suggest that the market needs a new driver to lift prices higher. Could ether be that driver?\nCoinDesk Market Index (CMI)\n1,198\n+0.9▲0.1%\nBitcoin (BTC)\n$27,686\n−54.0▼0.2%\nEthereum (ETH)\n$1,901\n+8.4▲0.4%\nS&P 500\n4,205.52\n+0.1▲0.0%\nGold\n$1,978\n+33.7▲1.7%\nNikkei 225\n31,328.16\n+94.6▲0.3%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,198", "+0.9\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,686", "\\u221254.0\\u25bc0.2%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,901", "+8.4\\u25b20.4%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,205.52", "+0.1\\u25b20.0%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,978", "+33.7\\u25b21.7%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["31,328.16", "+94.6\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nVolatility is Expected, But Was it Missed?\nGood morning Asia,\nBitcoin is opening the East Asia trading day at $27,686, down 0.2% while Ether is at $1,901, up 0.4%.\n2023 has been an odd year for crypto. In December, during the depths of crypto winter, the price predictions for bitcoin were pretty grim. $10-12K by the first quarter of 2023,said VanEck.\nBut a lot has happened since then. Ordinals, bank failure, a liquidity crisis.\nBetweenMarchand mid-May, the market was fairly stale, and bitcoin barely moved.\nA new report fromK33 Researchsays this is beginning to change.\nBitcoin\'s trading range fluctuated between $25,800 and $28,000 over the last week amid increased volatility. The variation was fueled by a prospective debt ceiling agreement, prompting market rallies, increased Bitcoin dominance and trading volumes, and may lead to more market activity due to Asian regulatory changes and Recep Erdogan\'s re-election as president of Turkey, K33 said in the report.\nK33 said that this surge was partially amplified by over-leveraged shorts creating a decrease in open interest. At the same time, progress in U.S. debt ceiling negotiations spurred a rally in the crypto and U.S. equities markets.\nAll of this, they say, along with the transformation in the crypto market structure with stablecoins and ether gaining prominence, and bitcoin\'s increased yet comparatively lower dominance, indicates a resemblance to the previous bear market with potentially insufficient de-risk rotation.\nThe cure for all of this ismore liquidity, but that’s nowhere in sight.\n[{"Asset": "XRP", "Ticker": "XRP", "Returns": "+4.6%", "DACS Sector": "Currency"}, {"Asset": "Solana", "Ticker": "SOL", "Returns": "+3.4%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Stellar", "Ticker": "XLM", "Returns": "+1.8%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "Dogecoin", "Ticker": "DOGE", "Returns": "\\u22121.3%", "DACS Sector": "Currency"}, {"Asset": "Polygon", "Ticker": "MATIC", "Returns": "\\u22120.8%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Chainlink", "Ticker": "LINK", "Returns": "\\u2 **Last 60 Days of Bitcoin's Closing Prices:** [28411.04, 28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-05-31 **Financial & Commodity Data:** - Gold Closing Price: $1963.90 - Crude Oil Closing Price: $68.09 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $527,279,095,875 - Hash Rate: 349729770.9452385 - Transaction Count: 421579.0 - Unique Addresses: 709100.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.51 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Immutable Holdings Inc. TORONTO, April 05, 2023 (GLOBE NEWSWIRE) -- Immutable Holdings Inc. (NEO: HOLD; OTC: IHDLF) (“ Immutable Holdings ” or the “ Company ”), a publicly-traded blockchain holding company, is pleased to announce that its daily newsletter, Coffee and Crypto, has surpassed 65,000 subscribers since its launch in Q4 of 2022 and is rapidly approaching the 70,000 milestone. The newsletter has been well received, with an open rate of 30%+ across its 140+ posts to date. Both Coffee and Crypto and 1-800-Bitcoin are part of Immutable Media, the business line responsible for managing consumer-facing media that focuses on accelerating awareness and eventual adoption of digital assets. The company is planning to formally launch 1-800-Bitcoin soon by offering a series of online courses and webinars to help users better understand digital assets and the broader markets. “We are delighted to see the continued growth and support of our Coffee and Crypto brand,” said Jordan Fried, Immutable Holdings Founder and CEO. “We are committed to providing our subscribers with the latest news and insights from the digital assets industry, and we are thrilled to be offering even more resources via our eventual launch of 1-800-Bitcoin.” To subscribe to the Coffee and Crypto newsletter, visit coffeandcrypto.com and follow @GetCoffeeCrypto on Twitter for regular updates. About Immutable Holdings Inc. Immutable Holdings is a collection of businesses within the digital assets ecosystem on a mission to build businesses and products that increase the awareness, access, and adoption of digital assets. Founded by Jordan Fried, a founding team member of multibillion dollar Hedera Hashgraph network, Immutable Holdings already boasts tens of millions under management and a portfolio of businesses and brands built on the blockchain ecosystem, including NFT.com, Coffee and Crypto, Immutable Asset Management, and 1-800-Bitcoin. For further information regarding Immutable Holdings, visit https://immutableholdings.com/ and see the Company’s disclosure documents on SEDAR at www.sedar.com. Story continues For media inquiries and further information, contact: Billy Baxter, Head of Corporate Development & Operations Email: [email protected] CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION: This news release contains certain statements which constitute forward-looking statements or information under applicable securities laws. Such forward-looking statements are subject to numerous known and unknown risks, uncertainties and other factors, some of which are beyond the Company’s control, which could cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. These risks and uncertainties include, without limitation, changes to applicable laws or the regulatory sphere in which the Company operates, general economic and capital markets conditions, stock market volatility and the other risks disclosed in the Company’s annual information form dated March 31, 2023, and other disclosure documents available on the Company’s profile at www.sedar.com. The foregoing is not an exhaustive list of factors that may affect the Company’s forward-looking statements. Other risks and uncertainties not presently known to the Company and/or not specifically referenced herein could also cause actual results or events to differ materially from those expressed in its forward-looking statements. Although the Company believes that the forward-looking statements in this news release are reasonable, they are based on factors and assumptions, based on currently available information, concerning future events, which may prove to be inaccurate. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future plans, operations, results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, the Company does not undertake any obligation to publicly update or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise.... - Reddit Posts (Sample): [['u/jradxit2', 'Customs and BTC', 114, '2023-05-31 00:10', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/', 'Curious, how does having the keys to over 10k in BTC in your head apply?', 'https://i.redd.it/lyg85963333b1.jpg', '13w3r6r', [['u/coelectric', 28, '2023-05-31 00:54', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jm9kpax/', "What about your debit card with 10k or more? What about your credit card with 10k or more? It's not their business.", '13w3r6r'], ['u/Huge_Monero_Shill', 20, '2023-05-31 02:07', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jm9uwui/', 'Only if its a good hair day', '13w3r6r'], ['u/Normal-Knowledge4857', 20, '2023-05-31 02:23', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jm9wz2d/', 'Credit card is KYC. All those are bearer assets.', '13w3r6r'], ['u/cryptocam72', 88, '2023-05-31 04:45', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jmaflwp/', 'It’s not on your person, it’s on the blockchain. No need to declare.', '13w3r6r'], ['u/cflynn07', 18, '2023-05-31 05:41', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jmam5by/', 'Bitcoin fixes this', '13w3r6r'], ['u/pezdal', 17, '2023-05-31 06:29', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jmara2y/', 'Makes it easier to rob you.', '13w3r6r'], ['u/zrad603', 40, '2023-05-31 07:45', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jmayg9a/', 'I remember there was the case of a guy named Davi Barker who made a bunch of bitcoin lapel pins. He was selling them at a conference, and he got hassled by TSA for having a "bag full of bitcoin".', '13w3r6r'], ['u/SaneLad', 12, '2023-05-31 08:29', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jmb240o/', 'Anti money laundering and capital controls.', '13w3r6r'], ['u/Bitcoin_Maximalist', 30, '2023-05-31 08:36', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jmb2ng0/', 'Bitcoin is worthless magic internet money. Nothing to declare here.', '13w3r6r']]], ['u/Dull-Soup-2640', 'What causes people to become silver bugs?', 36, '2023-05-31 01:18', 'https://www.reddit.com/r/Wallstreetsilver/comments/13w5fm7/what_causes_people_to_become_silver_bugs/', 'I have decided that I would like to allocate a small percentage of my earnings to the two precious metals gold and silver. \n\nI am a long btc stacker and I\'ve experienced life altering gains as well as life altering realizations.\n\nAs time went along, I started reading more and more books about money and economics in general and I learned a lot about gold and silver.\n\nI learned that people buy gold for the same reason people buy bitcoin (inflation, store of value, etc).\n\nI decided that I want to buy gold and silver because it\'s been the hardest money for the longest amount of time throughout human history.\n\nI\'m going to buy gold and silver, not as a way to profit, but as an "insurance" in case things hit the fan.\n\nMy main concern: WHY BUY SILVER??\n\n​\n\nI\'ve read sources that don\'t like gold. I\'ve read sources that do like gold. I\'ve read sources that like gold but not silver. I\'ve read sources that like BOTH gold and silver.\n\nI\'ve seen horror stories of one twin buying silver and one twin buying bitcoin 10 years ago. I recently saw a reddit post about "hey guy after 15 year of silver stacking im giving up because I am at break even and all my other friends are in profit from sp500 and bitcoin"\n\nI\'ve heard that the production of silver will ramp up to meet demand, which means silver will never maintain a high price, because as soon as prices rise, production will rise which will bring down price.\n\n​\n\nWhat do you guys think? What convincing reasons are there to buy silver? Because if there is no good reason, I will just buy maybe 1 silver for every 20 gold.', 'https://www.reddit.com/r/Wallstreetsilver/comments/13w5fm7/what_causes_people_to_become_silver_bugs/', '13w5fm7', [['u/rb109544', 10, '2023-05-31 01:59', 'https://www.reddit.com/r/Wallstreetsilver/comments/13w5fm7/what_causes_people_to_become_silver_bugs/jm9tqm9/', "Here's my take. I did market research a couple/few years back simply because covid was coming on and the boss wanted to know where the money in the market was flowing. Renewables at that time had gotten new stronger legs than the last small boom. So I turned in my report, yada yada yada...was sitting on the couch that night and told myself I've got to think 6 steps ahead...pondered what goes into renewables...out of all the things I know goes in, silver was the one that had cheap prices, and started collecting many many decades ago so I already loved it. The prior year I'd started collecting again and remembered how much I really loved it as a kid.\n\nFast forward, the more and more I researched it became obvious every single technology thing these days needs a lot more silver as copper is being pushed to it's limits. Massive new industrial consumption in combination with a supply shortage then supply chain disruptions. Now the banking and currency crisis has become more viable in mainstream news although most of us here saw it coming long ago...most of us old folks have the memory of not being $32T in debt. Mix in that GDP adds in deficit spending and it's currently barely above water...in reality it's negative GDP now. Inflation measures are all bad. Debt to GDP looks like shit. 10 yr - 2 yr spread is one of worst in history and way worse back to at leas the cold war. Dedollarizarion...although the world elites wont let that happen...it still hurts the dollar while all others race for the bottom.\n\nGold to Silver Ratio (GSR) up around 80...projections show 30 is realistic. Gold set to quickly go above $3k. Add in new industrial consumption and everything above, and that easily pushes silver $100+.\n\nI just like the shiny. I can afford a single small gold coin occassionally. I can afford a dozen silver coins regularly, so I get variety (sometimes at a higher premium). I can DCA easier with silver than gold. I just like the shiny...and the memes, let's not forget the WSS memes.", '13w5fm7']]], ['u/HrafnHaraldsson', 'What would happen if oil producers only accepted Bitcoin?', 30, '2023-05-31 01:34', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/', 'Like if a cartel of oil-producing nations decided that they would only accept Bitcoin in exchange for oil. Would it be "regime change" time? Totally global economic collapse? Business as usual some places, and hockey mask time in others? Like in what scale would things be effected?\n\nDisclaimer- I don\'t know shit about fuck, how the petrodollar works, the stock market, or economics in general. I\'m just a guy who knows my money is basically just delayed-onset toilet paper, and has been holding onto some sats because they\'re a more viable medium for digital exchange than silver or bullets or some shit. So please bear that in mind before roasting me, thank you.', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/', '13w5tak', [['u/gvictor808', 31, '2023-05-31 01:52', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/jm9sv2k/', 'Wow if OPEC announced this they would amass insane wealth, and BTC would hit $500k in about two weeks.', '13w5tak'], ['u/Umpire_State_Bldg', 12, '2023-05-31 03:23', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/jma53b9/', 'Eventually, oil producers will only accept Bitcoin. It will be a different world then.', '13w5tak'], ['u/FairBlamer', 13, '2023-05-31 03:38', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/jma6yle/', '>delayed-onset toilet paper\n\nThat’s actually genius, I’m stealing that', '13w5tak'], ['u/Bisquick_in_da_MGM', 12, '2023-05-31 04:17', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/jmac1bv/', 'They would be liberated by the US military.', '13w5tak'], ['u/Analog_AI', 10, '2023-05-31 05:31', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/jmal1o9/', 'And 12 million in a year.', '13w5tak'], ['u/extrastone', 16, '2023-05-31 06:26', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/jmar0vw/', 'A word on OPEC: Their militaries are not very good (small size and local disunity) and so they accept the currency of the nation that offers them the best chance at defense. The Saudis are starting to accept Yuan because they want the Chinese to look at them as worthy of that defense.\n\nRight now there is not a bitcoin funded military that is capable of defending Saudi Arabia.', '13w5tak'], ['u/Difficult-Rough9914', 10, '2023-05-31 07:24', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/jmawio1/', 'This is true within countries. When talking about transnational trade, governments want something that is stable & trustworthy. We’ve been on the petrodollar since 71. I think there are about 50 other countries that are using USD rather than their own sovereign currency. These countries are getting screwed now because the global reserve currency has been manipulated so much. There’s also been 17 sovereign defaults in the last two years compared to two in the previous two decades. I’d argue that there is no better ledger than Bitcoin to use as a unit of account for settlement of global trade. BIS has said they will allow central banks to hold up to 2% crypto starting in 2025. Apparently the banks were asking for 5%.\n\n\nBitcoin is inevitable', '13w5tak']]], ['u/anguyen11', 'How do I convince my friend this is a crypto scam.', 49, '2023-05-31 01:48', 'https://www.reddi... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin fell to near US$27,000 in Thursday morning trading in Asia and posted the first monthly loss of the year. Ether and all the top 10 non-stablecoin cryptocurrencies also traded lower, with XRP leading the losers. U.S. equities slid on concerns the Federal Reserve may raise interest rates again in June after strong job numbers for April released Wednesday showed inflation is still prevalent. Investors were also jittery ahead of the outcome of the vote by the U.S. Congress to approve the debt ceiling deal.\nBitcoin fell 2.35% over the last 24 hours to US$27,124 at 09:50 a.m. in Hong Kong, but held a weekly gain of 3.78%, according todatafrom CoinMarketCap. The world’s largest cryptocurrency ended May with a loss of 4.96%, the first monthly decline since the start of the year.\nThe token met selling pressure after Federal Reserve official Loretta Mestersaidon\xa0Wednesday there was no “compelling reason to pause” interest rate hikes in June, according to Mikkel Morch, Chairman and Non-Executive Director at investment fundARK36, in a note shared with Forkast.\n“(The remarks from Mester) have had a disruptive impact on various risk assets, including cryptocurrencies,” said Morch. “Simultaneously, the release of discouraging manufacturing data from China has added to the bearish sentiment surrounding Bitcoin and other risk assets.”\nEther dropped 1.65% to US$1,874, while trading 5.35% higher for the week and 2.07% higher for the month.\nDespite the overall bearish sentiment, “the market appears more upbeat about the second-largest crypto by market cap, as its deflationary features are supporting prices,” said Jeff Mei, Chief Operating Officer at crypto exchangeBTSE, citingdatafrom Ultra Sound Money that showed almost 200,000 Ether have been burnt in the past 30 days.\nAll other top 10 non-stablecoin cryptocurrencies logged losses in the past 24 hours, with XRP leading the losers.\nXRP fell 2.62% to US$0.5088, to lead the losers. Litecoin moved 1.24% lower to US$91.36, but remains up 8.58% for the week as the token’sthird halving eventdraws near, which would reduce the supply of the token.\nBinance, the world’s largest crypto exchange, is said to be planning to lay off 20% of employees in June, according toWu Blockchainon Wednesday citing unnamed sources. Binance Chief Strategy Officer Patrick Hillmann laterrespondedon Twitter that “Binance is not cutting 20% of employees as a cost-cutting measure,” but faces “a historic operational challenge to overcome” as the company faces pressure from regulators and needs to reallocate resources.\n“(Binance’s rumored job cuts are) a marker that traders will look at when scoping out the health of the market and profitability of crypto businesses and projects,” said Justin d’Anethan, head of APAC business development at Belgium-based crypto market makerKeyrock. “It probably doesn’t help that exchange volumes are at an abysmal low compared to the top of 2021-2022.”\nBinance’s BNB token dropped 1.85% in the past 24 hours to US$306.28, just holding a weekly gain of 0.13%.\nThe total market cap of cryptocurrencies dropped 1.78% in the past 24 hours to US$1.14 trillion, while the 24-hour market volume rose 6.96% to US$32.85 billion.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, theForkast 500 NFT indexedged up 0.20% to 3,407.30 in the 24 hours to 07:30 a.m. in Hong Kong, and added 1.24% for the week.\nNFT sales on Ethereum rose 23.59% in the past 24 hours to US$21.77 million, according toCryptoSlamdata. NFT sales on the Bitcoin network also gained 22.66% to US$4.40 million.\nBored Ape Yacht Club saw the biggest sales in the past 24 hours, rising 3.00% to US$2.80 million.\nThe Grapes, an Ethereum-based NFT collection launched on Wednesday night, saw the 12th largest sales totaling over US$433,000. The collection has seen over 4,600 transactions in the 12 hours after launch, and reached a price of 0.20 ETH (US$373.16) on early Thursday morning, over five times higher than its mint price at 0.039 ETH.\nMeanwhile, NFT scams are undermining confidence. NFT influencer Andrew Wang, with over 189,000 Twitter followers,promotedan NFT collection named Pixel Penguins on Thursday, which claimed to be a charity project to support the Pixel Penguins creator’s fight against cancer. But the supposed charity was revealed to be a scam, with its pseudonymous creator “Hopeexist1” deactivating her Twitter account after securing over 61 ETH (US$114,000), according to crypto sleuthZachXBT.\nElsewhere, Twitter userPauly, who is regarded as the creator of memecoin $PEPE, hasraisedover US$1.2 million by simplyaskingpeople to send their ETH to an account to “receive nothing in return.”\n“Overall – not a lot of people are looking to trade, sentiment is rather negative from the scams/Pauly news, price discussion,” said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News.\nU.S. stock futures fell as of 10:30 a.m. in Hong Kong. Dow Jones Industrial Average futures fell 0.18%, S&P 500 futures inched down 0.07%, and the Nasdaq futures lost 0.23%.\nThe three major U.S. stock indexes slid on Wednesday as investors waited for the outcome of the latest stage of the U.S. debt deal. At approximately 9.30 p.m. ET Wednesday evening, the House passed a bill to suspend the U.S. debt limit and avoid a national default.\n\u200b\u200b“Tonight, the House took a critical step forward to prevent a first-ever default and protect our country’s hard-earned and historic economic recovery,” U.S. President Joe Bidensaidabout the outcome of the vote.\nBiden urged the Senate to also agree on the bill — the next stage in the ratification process — “as quickly as possible,” allowing him to pass it into law.\nOn the inflation front, the U.S. Labor Departmentreportfor April recorded 10.1 million job openings in April. That figure surpasses analysts’expectationsof 9.375 million. The report also recorded a month-on-month decline of 264,000 in layoffs and discharges.\nThe stronger than expected data can be interpreted as “a partial sign of the continued strength of the American labor market,”tweetedMohamed Aly, El-Erian, Chief Economic Advisor at financial services company Allianz, on Thursday.\nSimilarly robust monthly employment data has,in the past, preceded a rise in the U.S. interest rate. However, comments from inside the US Federal Reserve suggest that a so-called “hawkish pause” in June ahead of further rate rises later could be the more likely outcome.\nFed governor Philip Jeffersonsaidat a financial stability conference in Washington Wednesday that skipping a hike in June “would allow the Committee to see more data before making decisions about the extent of additional policy firming.”\nHowever, Jefferson added that “a decision to hold our policy rate constant at a coming meeting should not be interpreted to mean that we have reached the peak rate for this cycle.”\nThe Federal Reserve will meet on June 14 to make its decision. The interest rate is now between 5 and 5.25%, the highest level since 2006.\nFollowing Jefferson’s speech, theCME FedWatch Toolnow predicts a 62.2% chance the Fed will keep rates unchanged in June. The 37.8% chance it gives for another 25 basis-point rate hike is a significant decrease from the 63.0% chance reported on Tuesday.\n(Updates\xa0added to\xa0equities section)', 'Bitcoin fell to near US$27,000 in Thursday morning trading in Asia and posted the first monthly loss of the year. Ether and all the top 10 non-stablecoin cryptocurrencies also traded lower, with XRP leading the losers. U.S. equities slid on concerns the Federal Reserve may raise interest rates again in June after strong job numbers for April released Wednesday showed inflation is still prevalent. Investors were also jittery ahead of the outcome of the vote by the U.S. Congress to approve the debt ceiling deal.\nBitcoin fell 2.35% over the last 24 hours to US$27,124 at 09:50 a.m. in Hong Kong, but held a weekly gain of 3.78%, according todatafrom CoinMarketCap. The world’s largest cryptocurrency ended May with a loss of 4.96%, the first monthly decline since the start of the year.\nThe token met selling pressure after Federal Reserve official Loretta Mestersaidon\xa0Wednesday there was no “compelling reason to pause” interest rate hikes in June, according to Mikkel Morch, Chairman and Non-Executive Director at investment fundARK36, in a note shared with Forkast.\n“(The remarks from Mester) have had a disruptive impact on various risk assets, including cryptocurrencies,” said Morch. “Simultaneously, the release of discouraging manufacturing data from China has added to the bearish sentiment surrounding Bitcoin and other risk assets.”\nEther dropped 1.65% to US$1,874, while trading 5.35% higher for the week and 2.07% higher for the month.\nDespite the overall bearish sentiment, “the market appears more upbeat about the second-largest crypto by market cap, as its deflationary features are supporting prices,” said Jeff Mei, Chief Operating Officer at crypto exchangeBTSE, citingdatafrom Ultra Sound Money that showed almost 200,000 Ether have been burnt in the past 30 days.\nAll other top 10 non-stablecoin cryptocurrencies logged losses in the past 24 hours, with XRP leading the losers.\nXRP fell 2.62% to US$0.5088, to lead the losers. Litecoin moved 1.24% lower to US$91.36, but remains up 8.58% for the week as the token’sthird halving eventdraws near, which would reduce the supply of the token.\nBinance, the world’s largest crypto exchange, is said to be planning to lay off 20% of employees in June, according toWu Blockchainon Wednesday citing unnamed sources. Binance Chief Strategy Officer Patrick Hillmann laterrespondedon Twitter that “Binance is not cutting 20% of employees as a cost-cutting measure,” but faces “a historic operational challeng **Last 60 Days of Bitcoin's Closing Prices:** [28199.31, 27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-01 **Financial & Commodity Data:** - Gold Closing Price: $1978.00 - Crude Oil Closing Price: $70.10 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $519,699,113,762 - Hash Rate: 336187209.4940784 - Transaction Count: 355986.0 - Unique Addresses: 678136.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.52 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- ASML Holding NV shares fell in Amsterdam trading on concerns that falling demand in the broader semiconductor industry would have a long-term impact on its results. Most Read from Bloomberg Bud Light Takes the Cowardly Way Out Macron’s Push to Get China’s Help on Ukraine Is Unraveling Bitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000 US Public Sours on a Biden-Trump Election Rematch in 2024 “We continue to see mixed signals on demand from the different end-market segments as the industry works to bring inventory to more healthy levels,” Chief Executive Officer Peter Wennink said in the company’s earnings statement on Wednesday. “The overall demand still exceeds our capacity for this year and we currently have a backlog of over €38.9 billion ($42.6 billion).” Even as ASML is able to bank on its large order backlog, the slump in some of its customers in the chip market has yet to bottom out, as rising interest rates, surging inflation and the ongoing banking crisis continue to dent consumer sentiment. Taiwan Semiconductor Manufacturing Co., ASML’s biggest customer, missed sales estimates last week for the second consecutive quarter in a sign of continued weakness in global electronics demand. ASML said first-quarter bookings dropped 46% to €3.75 billion from a year earlier, raising concerns about its long-term outlook. ASML’s shares slid as much as 4.9% after the earnings report and were trading 2.2% lower at €575.80 apiece as of 10:10 a.m. in Amsterdam. The stock has gained 14% this year. While ASML’s results were better than expected, it “showed considerable lumpiness in the orders taken suggesting some of the customer capex cuts are impacting,” Morgan Stanley analyst Lee Simpson said in a note. “This suggests some headwinds to growth for 2024-2025, something we think investors were already nervous of.” Still, the company forecast second-quarter sales that beat analysts’ estimates amid continued strong demand for its machines. Story continues Revenue will rise to €6.5 billion to €7 billion this quarter, the Dutch company said in a statement on Wednesday. That compared to analysts’ average estimate of €6.42 billion. Europe’s most valuable technology company also said total demand continues to outstrip capacity for its exclusive machinery this year. First-quarter net sales of €6.7 billion and gross margin of 50.6% were also above its guidance due to higher-than-anticipated income from advanced extreme ultraviolet and deep ultraviolet lithography machines. Chipmakers are installing and adopting its hardware at a rapid clip, even while they are adjusting to faltering orders and inventory buildup from a market slowdown. Governments around the world are still racing to build more chip plants at home to avert future supply disruptions. The US has received more than 200 applications from companies for a $39 billion program to boost chip production, while Japan, India and the European Union are also all offering financial incentives to attract investments from major chipmakers. China accounted for about 8% of ASML sales in the first quarter and about 20% of its order backlog, the company said. ASML sees significant pickup of revenue from China this year, though some sales may eventually be affected by Dutch export control measures. The restrictions are expected to prevent shipments of three immersion deep ultraviolet lithography machines, people familiar with the matter told Bloomberg previously. ASML is already prohibited from selling its most cutting-edge technology, so-called extreme ultraviolet lithography, to Chinese companies. “We are still waiting for the final detailed guidance from the Dutch authorities,” Chief Financial Officer Roger Dassen said in a separate statement, in reference to the planned widening of trade curbs. “What this does for us is that we expect that we will require export licenses for advanced immersion tools,” he said. “Our interpretation of advanced immersion tools would be for the NXT:2000 and subsequent versions.” Read more: New Dutch Curbs on China Sales Target Three ASML Chip Machines ASML, which has cornered the market for the most advanced equipment needed to make cutting-edge semiconductors, has been impacted by the US bid to curb exports of leading-edge technology to China, its third-biggest market. After pressure from President Joe Biden’s administration, the Dutch government last month announced plans to restrict exports of some of ASML’s chipmaking machines. The Veldhoven-based company has tried to reassure investors, saying the measures will not have a material effect on its financial outlook for 2023, or in the long term. What Bloomberg Intelligence Says ASML’s 1Q net bookings, down 46% from a year ago, might be shy of market expectations. Its sales in 2024 could temporarily lose steam, despite potentially growing 25% this year. The slowdown in its order bookings, announced April 19, is probably in line with the wider chip-making tool industry and could be followed by a strong recovery toward 2030. — Masahiro Wakasugi, BI senior industry analyst --With assistance from Henry Ren and Debby Wu. Most Read from Bloomberg Businessweek TikTok’s Algorithm Keeps Pushing Suicide to Vulnerable Kids How a Brazen Plot to Rig Oil Auctions Cost Venezuela Billions Sprite Is So Popular That Pepsi Launched a New Lemon-Lime War Peak Gas Has Passed, and Higher Prices Might Be Next The Nord Stream Explosion Remains an Unsolved Mystery Gripping Europe ©2023 Bloomberg L.P.... - Reddit Posts (Sample): [['u/sixgod999', "From Wall Street to Sats Town: An ex TradFi's Thesis for Betting on Bitcoin", 58, '2023-06-01 01:29', 'https://www.reddit.com/r/Bitcoin/comments/13x1re4/from_wall_street_to_sats_town_an_ex_tradfis/', 'Having been entrenched in the traditional finance industry for over a decade and halfway through my CFA journey, I found myself captivated by Bitcoin and let\'s say, I never looked back. Despite the increasing adoption and moon boy chants growing louder, I prefer approaching Bitcoin with a sound investment thesis, especially when I explain to my TradFi colleagues why I\'m so obsessed with this asset. Here are the five key investment principles that guide my perspective:\n\n​\n\n1. **Historical Trends with Fiat:** Reflecting on history, we can observe that fiat currencies usually have a 50-90 years lifespan. We transitioned to a full fiat currency with the US dollar in 1971, courtesy of the Nixon shock. While history may not always repeat itself, it often rhymes - "this time it\'s different" are often the last words uttered by a faltering civilization.\n2. **Unsustainable Debt:** Following the 2000 and 2008 financial shocks, instead of allowing the system to collapse and rebuild, we\'ve been artificially inflating it with debt, so much so that raising interest rates without breaking something now seems impossible. We may soon find ourselves resorting to money printing to inflate this debt away, potentially leading to inflation.\n3. **Hard Assets vs. Fiat:** This rampant money printing will likely push the \'smart money\' towards hard assets such as gold. However, most people won\'t be able to own or verify their gold ownership physically; they\'ll rely on paper claims, which essentially brings us back to square one. While gold has been an excellent store of value for millennia, its physical limitations render it ineffective as money in our digital era.\n4. **Energy vs. Money Printing:** The US\' ability to print money might not sit well with energy companies. If you can "print energy" by printing money to pay for goods and services, it fundamentally contradicts the first law of thermodynamics (energy cannot be created or destroyed, only transferred). It also means forcing energy providers to accept an inferior asset for a superior one. It\'s only logical that they would gravitate towards an asset that\'s harder (or impossible) to print out of thin air.\n5. **Real Estate and Store of Value:** Traditional store of value, real estate, is being increasingly monetized as large corporations like BlackRock incorporate them into their investment portfolios, driving up prices and making homeownership unaffordable for many. This trend will likely increase the demand for an asset with long-term store-of-value properties.\n\n​\n\nIf these trends continue, and it seems like they will, **Bitcoin** presents itself as a compelling solution.\n\nIt\'s the ONLY bearer asset that allows ease of wealth storage and transfer. \n\nIt\'s decentralized, unlike other cryptocurrencies with identifiable founders or teams.\n\nIts supply is capped, making it impossible to create more without expending an equivalent amount of energy.\n\n"Toka Koka", a phrase from the anime "Full Metal Alchemist" resonates here - humankind cannot gain anything without giving something in return, energy for energy. This is echoed in Bitcoin\'s proof of work concept.\n\nI acknowledge that my thesis may have flaws and that I could be wrong. That\'s why I still maintain a traditional portfolio (so my wife doesn\'t think I\'ve gone full tinfoil hat). However, given the unfolding macroeconomic trends and Bitcoin\'s unique properties, it seems like a once-in-a-lifetime opportunity, and I am willing to accept the downside risk for the potential upside.\n\n​\n\n**TL;DR:** From a traditional finance background, I argue that Bitcoin is a promising investment because: 1) Fiat currencies have limited lifespans; 2) Debt and potential inflation issues loom; 3) Gold isn\'t practical for everyone; 4) Printing money undermines energy value; 5) Rising real estate prices highlight the need for accessible stores of value. Despite risks, I believe in Bitcoin\'s upside potential.', 'https://www.reddit.com/r/Bitcoin/comments/13x1re4/from_wall_street_to_sats_town_an_ex_tradfis/', '13x1re4', [['u/feedb4k', 12, '2023-06-01 03:28', 'https://www.reddit.com/r/Bitcoin/comments/13x1re4/from_wall_street_to_sats_town_an_ex_tradfis/jmf4wwl/', 'I enjoyed reading this while also wondering if you used ChatGPT. One point that doesn’t make sense is 4 - “printing money undermines energy value.” I don’t see how your rational works. Printing money is not equivalent to printing energy. There’s printing money and there’s generating energy. Money can be printed and exchanged for goods at an agreed upon value, it doesn’t change the energy it took to produce the good. Seems like irrational logic to me.', '13x1re4'], ['u/sixgod999', 10, '2023-06-01 03:34', 'https://www.reddit.com/r/Bitcoin/comments/13x1re4/from_wall_street_to_sats_town_an_ex_tradfis/jmf5q3g/', 'I did use chat GPT to help me organize my thoughts but the ideas are still mine!\n\nThanks for pointing that out - the idea I was trying to put out there re: the energy argument is that since we have the Petrol dollar system, the US basically has the ability to create something out of nothing (new fiat) and use that to buy oil (basically energy - aka ability to print energy). Right now it’s only agreed upon since it’s the world reserve currency but exploiting this might make energy providers think again since a fiat currency is only valuable because people believe it is. \n\nThis phenomena is only available to one state currently so I do realize why it’s confusing.', '13x1re4']]], ['u/chumeanbro', 'Investors are holding onto BTC, waiting for a bullish momentum', 23, '2023-06-01 01:30', 'https://www.reddit.com/r/CryptoCurrency/comments/13x1rmo/investors_are_holding_onto_btc_waiting_for_a/', 'According to [data provided by CryptoQuant](https://twitter.com/cryptoquant_com/status/1663819515279572996?t=OqrqP_4wrqUqzVr95t7sRg&s=19), the value of Bitcoin reserves has seen a significant drop of approximately $7 billion in the past month. CryptoQuant\'s publication states, "At the very least, the amount of Bitcoin circulating on exchanges has decreased over the last month."\n\n​\n\nhttps://preview.redd.it/9lcqg641ma3b1.png?width=648&format=png&auto=webp&v=enabled&s=bf59f995f24611ebf2edcfa840c58d1dd45210ef\n\nFurthermore, CryptoQuant data indicates that exchange platforms have lost a substantial amount of 2,132,000 Bitcoins from their reserves. This decrease suggests that investors are opting to hold onto their Bitcoins rather than engaging in large-scale selling.\n\nPast data reveals an ongoing decline in the number of deposit transactions on exchanges since 2022, resembling a situation witnessed in July 2019 (likely influenced by the positive sentiment surrounding the upcoming Bitcoin halving event scheduled for May 2020)', 'https://www.reddit.com/r/CryptoCurrency/comments/13x1rmo/investors_are_holding_onto_btc_waiting_for_a/', '13x1rmo', [['u/Ninja_Gogen', 14, '2023-06-01 01:54', 'https://www.reddit.com/r/CryptoCurrency/comments/13x1rmo/investors_are_holding_onto_btc_waiting_for_a/jmesbxv/', "I've been holding for fucking years now. Held it all the way up in the last bull run, all the way down to the (hopefully) bottom. May as well hold it a bit longer. Mark my words, though. This time I WILL take profits!", '13x1rmo']]], ['u/cryotosensei', 'What % does BTC comprise in your portfolio?', 27, '2023-06-01 02:43', 'https://www.reddit.com/r/CryptoCurrency/comments/13x3i1x/what_does_btc_comprise_in_your_portfolio/', "Everyone seems to be cautiously optimistic about BTC these days. The next BTC halving is coming fairly soon. An analytics firm called Glassnode shares that BTC is currently trading slightly above long term holders' cost basis - what this means that we've entered the second stage of the bull cycle called “transition' (after capitulation but before equilibrium and euphoria). And who can forget how the Former Coinbase Chief Technology Officer (CTO) created a stir by making the bold claim that Bitcoin would hit $1 million by June 17 this year? Regardless of whether he was making a publicity stunt, the fact that he staked his reputation on BTC shows how salient this asset is in the minds of retail investors.\n\nSuffice it to say that people are looking to BTC to pump in the near future. In regard to that, are you increasing the proportion of BTC in your portfolio? Or are you taking the long-term view and looking to accumulate BTC at your own pace?", 'https://www.reddit.com/r/CryptoCurrency/comments/13x3i1x/what_does_btc_comprise_in_your_portfolio/', '13x3i1x', [['u/monaslab', 17, '2023-06-01 02:50', 'https://www.reddit.com/r/CryptoCurrency/comments/13x3i1x/what_does_btc_comprise_in_your_portfolio/jmezug5/', '10% BTC. I bought too many shitcoins. Waiting for opportunity to transfer them into BTC once an alt season appears', '13x3i1x'], ['u/002_timmy', 35, '2023-06-01 02:51', 'https://www.reddit.com/r/CryptoCurrency/comments/13x3i1x/what_does_btc_comprise_in_your_portfolio/jmezz6q/', "Crypto Portfolio- 60% \nInvestment Portfolio- 20%\n\nI'm a firm believer that even though I believe crypto and bitcoin is the future, everyone should be investing in some traditional manners (401k, HSA, Brokerage, Property, etc). You never want to be in trouble is one sector implodes", '13x3i1x'], ['u/Onnimation', 26, '2023-06-01 02:52', 'https://www.reddit.com/r/CryptoCurrency/comments/13x3i1x/what_does_btc_comprise_in_your_portfolio/jmf01eq/', '**0%**', '13x3i1x'], ['u/jet_life_next_life', 30, '2023-06-01 03:01', 'https://www.reddit.com/r/CryptoCurrency/comments/13x3i1x/what_does_btc_comprise_in_your_portfolio/jmf17pn/', '100%', '13x3i1x'], ['u/BigLongFootDoctor', 16, '2023-06-01 03:44', 'https://www.reddit.com/r/CryptoCurrency/co... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin fell Friday morning in Asia, trading below support at US$27,000 in a lackluster start to June after posting its first monthly loss of the year in May. Ether fell back below US$1,900 and most other top 10 non-stablecoin cryptocurrencies traded flat to lower. Cardano led the losers, while Litecoin found buying support as the token’s third halving event draws near. U.S. equity futures rose following gains in regular trading Thursday after the debt ceiling bill passed the House of Representatives and now goes to the Senate. Manufacturing data showed an easing in the pace of inflation, tempering concerns about more interest rate hikes ahead. On the down side,analysts expectthe U.S. to issue as much as US$1 trillion in treasury bills this year to replenish its cash, which could suck liquidity from risk assets such as cryptocurrencies.\nBitcoin fell 1.17% over the last 24 hours to US$26,878 at 07:10 a.m. in Hong Kong, but held onto a weekly gain of 1.53%, according todatafrom CoinMarketCap. The leading cryptocurrency dropped around 7% in May, but is still up 62% for the year so far.\nEther inched down 0.19% to trade at US$1,866, with a weekly gain of 3.20%.\nMost other top 10 non-stablecoin cryptocurrencies traded flat to lower in the past 24 hours, while Litecoin bucked that trend to gain 5.11% to US$94.41, up 9.98% for the week. The token’sthird halving eventis set for Aug. 2, which would reduce supply of the token.\nLitecoin’s on-chain activities picked up in May, according to blockchain data trackerIntoTheBlockon Tuesday, which noted almost 8.5 million Litecoin addresses with a balance by the end of May, compared to 7.09 million addresses by the end of March.\nCardano’s ADA led the losers in the top 10 non-stablecoin tokens, falling 2.35% to US$0.3659, but still managing a weekly gain of 2.03%.\nWhile crypto prices head lower, Rachel Lin, co-founder & CEO of crypto derivatives exchange Synfutures, still sees optimism for the industry in some other recent developments.\n“Positive developments in the crypto ecosystem this week include Celsius’sprogresswith its bankruptcy and restructuring plan under Fahrenheit Holdings,” she said. “If successful, it could demonstrate the crypto industry’s resilience in addressing its failures.”\nMeantime, the market cap of Tether’s USDT stablecoin hit an all-time high of US$83.60 billion early Friday morning in Asia, up more than 26% from the start of the year.\n“(USDT’s rise was) undoubtedly linked to the banking woes in the US and thedemise of BUSDfrom Binance; seems like investors are putting their faith – and money – with Tether, so far,” said Justin d’Anethan, head of APAC business development at Belgium-based crypto market makerKeyrock.\nThe total market cap of cryptocurrencies dropped 0.64% in the past 24 hours to US$1.13 trillion, while the 24-hour market volume fell 7.79% to US$30.28 billion.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, theForkast 500 NFT indexdropped 0.72% to 3,373.23 in the 24 hours to 08:30 a.m. in Hong Kong, but added 0.65% for the week.\nNFT sales on Ethereum rose 17.61% in the past 24 hours to US$26.51 million, led by strong sales in Bored Ape Yacht Club (BAYC) and Azuki, according toCryptoSlamdata. Sales on the Bitcoin network fell 38.99%% to US$2.58 million.\nBAYC had the biggest sales in the 24 hours of US$5.15 million, accounting for almost 20% of sales on the Ethereum blockchain.\nFF6000, an Ethereum NFT collection launched by pseudonymous memecoin creatorBen.ethon Thursday night, stormed the market with sales totaling US$2.19 million and over 10,000 transactions, ranking third in terms of 24-hour sales.\nThe month of May saw over 8.91 million total NFT transactions and more than 819,000 unique sellers, the largest since February 2022, according toCryptoSlamdata.\nElsewhere, Nike Virtual Studios, the Web 3.0 arm of the U.S. footwear giant Nike Inc.,announceda partnership with sports video game publisher EA Sports on Thursday, which would bring Nike’s NFTs into video games. SWOOSH, Nike’s NFT platform, launched its first NFT sneaker collection Our Force 1 on May 24, which has seen sales of 97,627, according to data fromPolygonscan.\n“(The partnership between Nike and EA) is huge for mass adoption, and combined with stories likeReddit’s10 million strong user base and the recent high transaction volume, we’re starting to see a new NFT space emerge,” said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News.\nU.S. stock futures rose as of 11:45 a.m. in Hong Kong. Dow Jones Industrial Average futures and S&P 500 futures both gained 0.21%, while Nasdaq futures added 0.28%.\nThe three major U.S. stock indexes rose on Thursday after the House of Representativespassedthe debt ceiling deal 314-to-117 on Wednesday evening. The bill now goes to the Senate for voting to avert a debt default.\nOn the inflation front, the U.S. manufacturing purchasing managers’ index (PMI) fell to 46.9 in May from 47.1 in April, according to theInstitute for Supply Managementon Thursday. A PMI below 50 indicates a contraction in the economy, and is the seventh consecutive month of decline, which has been seen as an indicator for a recession in the U.S.\nThe Federal Reserve will meet on June 14 to make its next move on interest rates, which are now between 5 and 5.25%, the highest since 2006. TheCME FedWatch Toolnow predicts a 76% chance the Fed will keep rates unchanged in June, and a 24% chance for another 25-basis-point rate hike, down from 37.8% on Thursday.\n“I do believe that we are close to the point where we can hold rates in place and let monetary policy do its work to bring inflation back to the target in a timely manner,”saidPatrick Harker, President of the Federal Reserve Bank of Philadelphia, on Thursday.\nMeanwhile in China, theCaixin Manufacturing PMIregistered 50.9 in May, rising from 49.5 in April. The figure points to a moderate growth in China’s manufacturing activity, while the country’s economic recovery remains patchy, according to Chinese news mediaCaixinon Thursday.\n(Updates with equities section.)', 'Bitcoin fell Friday morning in Asia, trading below support at US$27,000 in a lackluster start to June after posting its first monthly loss of the year in May. Ether fell back below US$1,900 and most other top 10 non-stablecoin cryptocurrencies traded flat to lower. Cardano led the losers, while Litecoin found buying support as the token’s third halving event draws near. U.S. equity futures rose following gains in regular trading Thursday after the debt ceiling bill passed the House of Representatives and now goes to the Senate. Manufacturing data showed an easing in the pace of inflation, tempering concerns about more interest rate hikes ahead. On the down side,analysts expectthe U.S. to issue as much as US$1 trillion in treasury bills this year to replenish its cash, which could suck liquidity from risk assets such as cryptocurrencies.\nBitcoin fell 1.17% over the last 24 hours to US$26,878 at 07:10 a.m. in Hong Kong, but held onto a weekly gain of 1.53%, according todatafrom CoinMarketCap. The leading cryptocurrency dropped around 7% in May, but is still up 62% for the year so far.\nEther inched down 0.19% to trade at US$1,866, with a weekly gain of 3.20%.\nMost other top 10 non-stablecoin cryptocurrencies traded flat to lower in the past 24 hours, while Litecoin bucked that trend to gain 5.11% to US$94.41, up 9.98% for the week. The token’sthird halving eventis set for Aug. 2, which would reduce supply of the token.\nLitecoin’s on-chain activities picked up in May, according to blockchain data trackerIntoTheBlockon Tuesday, which noted almost 8.5 million Litecoin addresses with a balance by the end of May, compared to 7.09 million addresses by the end of March.\nCardano’s ADA led the losers in the top 10 non-stablecoin tokens, falling 2.35% to US$0.3659, but still managing a weekly gain of 2.03%.\nWhile crypto prices head lower, Rachel Lin, co-founder & CEO of crypto derivatives exchange Synfutures, still sees optimism for the industry in some other recent developments.\n“Positive developments in the crypto ecosystem this week include Celsius’sprogresswith its bankruptcy and restructuring plan under Fahrenheit Holdings,” she said. “If successful, it could demonstrate the crypto industry’s resilience in addressing its failures.”\nMeantime, the market cap of Tether’s USDT stablecoin hit an all-time high of US$83.60 billion early Friday morning in Asia, up more than 26% from the start of the year.\n“(USDT’s rise was) undoubtedly linked to the banking woes in the US and thedemise of BUSDfrom Binance; seems like investors are putting their faith – and money – with Tether, so far,” said Justin d’Anethan, head of APAC business development at Belgium-based crypto market makerKeyrock.\nThe total market cap of cryptocurrencies dropped 0.64% in the past 24 hours to US$1.13 trillion, while the 24-hour market volume fell 7.79% to US$30.28 billion.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, theForkast 500 NFT indexdropped 0.72% to 3,373.23 in the 24 hours to 08:30 a.m. in Hong Kong, but added 0.65% for the week.\nNFT sales on Ethereum rose 17.61% in the past 24 hours to US$26.51 million, led by strong sales in Bored Ape Yacht Club (BAYC) and Azuki, according toCryptoSlamdata. Sales on the Bitcoin network fell 38.99%% to US$2.58 million.\nBAYC had the biggest sales in the 24 hours of US$5.15 million, accounting for almost 20% of sales on the Ethereum blockchain.\nFF6000, an Ethereum NFT collection launched by pseudonymous memecoin creatorBen.ethon Thursday night, stormed the market with sal **Last 60 Days of Bitcoin's Closing Prices:** [27790.22, 28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-02 **Financial & Commodity Data:** - Gold Closing Price: $1952.40 - Crude Oil Closing Price: $71.74 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $518,653,416,150 - Hash Rate: 417687139.0684004 - Transaction Count: 479437.0 - Unique Addresses: 721266.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.50 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Threshold Network is now working with cross-chain token protocol Wormhole in an effort that hopes to allow the easy movement of a tokenized representation of bitcoin (BTC) to some twenty blockchain ecosystems. Wormhole proposed the integration to the Threshold community in mid-April, saying its objective was to help threshold bitcoin (tBTC) become the dominant bitcoin representative token in on-chain DeFi ecosystems. That agreement won strong community support and was fully approved on April 29 after a governance vote. tBTC is a Bitcoin-backed token that allows users to access the Ethereum and cross-chain DeFi ecosystem. Each tBTC token is fully backed by 1 bitcoin held in reserve. The Wormhole integration will allow tBTC to be transferred to both Ethereum Virtual Machine (EVM) chains, such as Arbitrum, Optimism and Polygon, and non-EVM chains like Solana, Aptos, Sui, and Cosmos. Using bitcoin on other networks previously required users to rely on centralized bridges, which increased risks for token holders. Bridges are blockchain-based tools that allow the transfer of tokens between different networks – a mechanism that opened up massive security risks and fell victim to billions of dollars worth of exploits in 2022. The Wormhole bridging plan relies upon a new method for bridging ERC-20 tokens that allows the efficient deployment of capital to Ethereum sidechains. Instead of creating wrapped tokens for each chain, which soak up valuable liquidity that could be used elsewhere, tBTC will be minted on Ethereum. A canonical token – i.e. one that is native to an ecosystem rather than wrapped – will then be deployed for each new chain. This way, the tBTC supply remains intact and risk is corralled in local ecosystems. “Wrapped Bitcoin has historically had a problem of centralization risk that has prevented strong, safe adoption of BTC in on-chain DeFi,” explained Wormhole Core Contributor Robinson Burkey in a note to CoinDesk. It is also expected that the collaboration will involve the Threshold DAO launching a cross-chain liquidity bootstrapping operation with the potential to attract up to 26,000 BTC of deposits, a representative told CoinDesk over Telegram message. Experienced liquidity providers will seed tBTC liquidity in important ecosystems in exchange for the option to purchase approximately $20 million worth of Threshold’s native t (T) tokens at or above the spot price.... - Reddit Posts (Sample): [['u/phthird', 'What is the safest mobile wallet for BTC right now?', 36, '2023-06-02 00:33', 'https://www.reddit.com/r/Bitcoin/comments/13xvini/what_is_the_safest_mobile_wallet_for_btc_right_now/', "Hey. I want to store my Bitcoin in the most trusted wallet on iOS right now. By that I mean that it has the best security in it, is not hacked, reliable and has a good reputation etc. Obviously, a non-custodial one.\n\nBecause I recently heard the news about Ledger, and in general the situation changes every month, I would like to know what is considered the best option for safe storage on iOS of Bitcoin nowadays.\n\nI am currently considering Blockstream Green, but would love to hear what you think and decide. Thank you all so much for your help!\n\nIf anything, I don't have the ability to buy a hardware wallet. Only from intermediaries, which makes no sense at all in this case. The amount of Bitcoin, however, is not so high to bother so much.", 'https://www.reddit.com/r/Bitcoin/comments/13xvini/what_is_the_safest_mobile_wallet_for_btc_right_now/', '13xvini', [['u/Different-Limit-2683', 27, '2023-06-02 00:54', 'https://www.reddit.com/r/Bitcoin/comments/13xvini/what_is_the_safest_mobile_wallet_for_btc_right_now/jmjhwi6/', 'Check BlueWallet.', '13xvini'], ['u/JBL709', 25, '2023-06-02 02:31', 'https://www.reddit.com/r/Bitcoin/comments/13xvini/what_is_the_safest_mobile_wallet_for_btc_right_now/jmjv4bi/', 'Blockstream Green', '13xvini'], ['u/Efficient_Diet_7839', 11, '2023-06-02 05:58', 'https://www.reddit.com/r/Bitcoin/comments/13xvini/what_is_the_safest_mobile_wallet_for_btc_right_now/jmkl10f/', 'Exodus. Amazing and responsive customer support too', '13xvini']]], ['u/middlemangv', "It doesn't matter how strong the project of the coin you invested in is, maybe it will resist a little at times, but eventually it will follow the price of Bitcoin. If Bitcoin goes down, the rest will follow.", 132, '2023-06-02 00:45', 'https://www.reddit.com/r/CryptoCurrency/comments/13xvtmv/it_doesnt_matter_how_strong_the_project_of_the/', 'Maybe that\'s what makes people call all the other cryptocurrencies as "altcoins". \n\nI think that it is clear to all of us, and it is also obvious, that no matter how good the project is, if Bitcoin goes down with the price, eventually the entire market will be painted in red. \n\nPeople say that one of the biggest reasons for this is trading pairs that favor Bitcoin, considering that most trading pairs are in BTC. So when Bitcoin goes down, so do trading pairs. \n\nAnother reason is the dominance of Bitcoin, i.e. the number or value of the entire crypto market capital, where Bitcoin leads with 44.2%. \n\n> "As of today, the market cap of Bitcoin (BTC) is at $521 Billion, representing a Bitcoin dominance of 44.22%. Meanwhile, Stablecoins\' market cap is at $130 Billion and has a 11.05% share of the total crypto market cap." - CoinGecko\n\nMost people see Bitcoin as the leader in the world of cryptocurrencies. Bitcoin is literally a market indicator and no matter how good the project you invested in is, possibly in the long run it will follow the price of Bitcoin. If Bitcoin collapses, it would be equivalent to a tsunami in the cryptocurrency market. The crypto market is closely tied to Bitcoin. \n\n[Bitcoin dominance](https://preview.redd.it/arthfuough3b1.png?width=1763&format=png&auto=webp&v=enabled&s=c20d1c5ef4468d25b8133ebd19fd882ed68e690e)', 'https://www.reddit.com/r/CryptoCurrency/comments/13xvtmv/it_doesnt_matter_how_strong_the_project_of_the/', '13xvtmv', [['u/Napoleon_246', 10, '2023-06-02 00:47', 'https://www.reddit.com/r/CryptoCurrency/comments/13xvtmv/it_doesnt_matter_how_strong_the_project_of_the/jmjgwaj/', 'It can be beneficial to find good alts before the masses catch onto them, however, we all must remember that at the end of the day, Bitcoin is King.', '13xvtmv'], ['u/cashpig000', 17, '2023-06-02 00:53', 'https://www.reddit.com/r/CryptoCurrency/comments/13xvtmv/it_doesnt_matter_how_strong_the_project_of_the/jmjhr7i/', "It's not difficult to understand btc maxis. I'm becoming one myself, this bear market showed me this.", '13xvtmv'], ['u/Calm_Lemonade', 12, '2023-06-02 00:54', 'https://www.reddit.com/r/CryptoCurrency/comments/13xvtmv/it_doesnt_matter_how_strong_the_project_of_the/jmjhutf/', 'I’m hoping for even higher Bitcoin dominance. \n\nAlso, don’t be like me and pick a coin that doesn’t go up when Btc does but gets absolutely demolished when it goes down.', '13xvtmv'], ['u/Tasigur1', 67, '2023-06-02 00:55', 'https://www.reddit.com/r/CryptoCurrency/comments/13xvtmv/it_doesnt_matter_how_strong_the_project_of_the/jmji1ez/', "Wait OP, so you are saying BTC is leading the crypto market and other coins will follow the price of BTC?!\n\nThat's a daring thesis 😅", '13xvtmv'], ['u/Baecchus', 29, '2023-06-02 02:32', 'https://www.reddit.com/r/CryptoCurrency/comments/13xvtmv/it_doesnt_matter_how_strong_the_project_of_the/jmjvbdx/', 'Not to brag but my shitcoins can go down even while BTC is going up. I must be soing something right.', '13xvtmv']]], ['u/Mr_DigDeeper', 'Gradually, Then Suddenly…Bitcoin Adoption.', 25, '2023-06-02 01:59', 'https://www.reddit.com/r/Bitcoin/comments/13xxihe/gradually_then_suddenlybitcoin_adoption/', 'All I can say is that these prices won’t last. You get in at the price you deserve. \n\n\nGradually, then suddenly.\n\n#Bitcoin Adoption', 'https://www.reddit.com/r/Bitcoin/comments/13xxihe/gradually_then_suddenlybitcoin_adoption/', '13xxihe', [['u/Baileus', 10, '2023-06-02 08:00', 'https://www.reddit.com/r/Bitcoin/comments/13xxihe/gradually_then_suddenlybitcoin_adoption/jmkwhk0/', 'DCA', '13xxihe'], ['u/Kasegigashira', 18, '2023-06-02 09:27', 'https://www.reddit.com/r/Bitcoin/comments/13xxihe/gradually_then_suddenlybitcoin_adoption/jml3bwk/', 'You sound like a guy who ends up buying at 40k instead of now.', '13xxihe'], ['u/edislucky', 10, '2023-06-02 09:54', 'https://www.reddit.com/r/Bitcoin/comments/13xxihe/gradually_then_suddenlybitcoin_adoption/jml5c76/', "I bought at 2k but sold all at 5k because I didn't understand it and thought it couldn't possibly ever ever go higher than that! \n\nYou buy at the price that moment, you HODL the price you deserve.", '13xxihe'], ['u/Loafmanuk', 13, '2023-06-02 10:15', 'https://www.reddit.com/r/Bitcoin/comments/13xxihe/gradually_then_suddenlybitcoin_adoption/jml6v6i/', "For Bitcoin to hit 5k again, the world will have to become a really shitty place, really quickly.\nI'm not saying it won't happen, anything is possible with these fucking psychopaths pulling the strings, but I for one hope we don't have to see that.", '13xxihe'], ['u/Mr_DigDeeper', 12, '2023-06-02 10:34', 'https://www.reddit.com/r/Bitcoin/comments/13xxihe/gradually_then_suddenlybitcoin_adoption/jml87kv/', 'I think 16k was the bottom in November', '13xxihe']]], ['u/WineglassConnisseur', 'Why aren’t y’all stacking?', 29, '2023-06-02 02:46', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/', 'How much is everyone stacking? At current prices, ~$250 million Bitcoin is created by mining every month.\n\nIt would take just $50 from every hodler in this subreddit in order to eviscerate this new supply. So again, why aren’t y’all stacking?', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/', '13xyjua', [['u/highspeed717', 55, '2023-06-02 02:53', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmjy1fe/', "I'm doing my part!!", '13xyjua'], ['u/clue5tick', 20, '2023-06-02 03:03', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmjz9qu/', "Maybe we've progressed. Maybe we're concentrating on building a strong, circular economy that we can rely on, instead of just repeating get-rich slogans?", '13xyjua'], ['u/Abundance144', 88, '2023-06-02 03:10', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmk089e/', "Why you assuming we aren't stacking?", '13xyjua'], ['u/covfefeer', 50, '2023-06-02 03:50', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmk5kbw/', 'I think your math is wrong. 900 bitcoin per day x $27000 = 24.3 million per day * 30 days = 729million', '13xyjua'], ['u/karl0525', 16, '2023-06-02 04:18', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmk98av/', 'Got me some Asics going brrrrrr. Does that count?', '13xyjua'], ['u/Skouaire', 12, '2023-06-02 04:34', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmkbak0/', "I have now enough coins.\n\nI'm investing elsewhere.\n\nMy newly acquired house, my newly found buisness, and my collectible car collection.\n\nLife's great, I don't need to be a billionaire after all.", '13xyjua'], ['u/lordsamadhi', 12, '2023-06-02 04:49', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmkd42p/', "I'm doing my part.", '13xyjua'], ['u/willmyfordmakeit', 20, '2023-06-02 04:50', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmkda39/', 'Imagine not buying rn. Whose this guy think he is?', '13xyjua'], ['u/Skouaire', 25, '2023-06-02 05:01', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmkemsp/', "My buisness accepts Bitcoin payments since 1 or 2 years. Something like that.\n\nI own a garage in western Europe. Guess how many times I've been paid in BTC ?\n\nZero.", '13xyjua'], ['u/CupNoodlesKing', 16, '2023-06-02 05:12', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmkfwy8/', 'I have no more money', '13xyjua'], ['u/quityourcunting', 13, '2023-06-02 07:21', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmkt1z6/', 'The only good bug is a dead bug!', '13xyjua'], ['u/WineglassConnisseur', 24, '2023-06-02 07:59', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmkwg0c/', 'I am retarded, so..', '13xyjua'], ['u/Skouaire', 11, '2023-06-02 12:54', 'https://www.red... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Traders work during the opening bell at the New York Stock Exchange (NYSE) on March 13, 2020 at Wall Street in New York City. Johannes Eisele/AFP/Getty Images The Dow soared 700 points to end the week as traders cheered the end of the debt ceiling fight. The Senate voted to send the bill to raise to country\'s borrowing limit for two years to Biden\'s desk. Markets were also encouraged by strong nonfarm payroll data that showed employers added 339,000 jobs in May. US stocks soared on Friday, with markets feeling upbeat about the end of the debt ceiling showdown and a strong May payroll report. The Dow Jones Industrial Average spiked 700 points, or more than 2%, climbing steadily through the session, while the Nasdaq and S&P 500 were each up over 1%. The Senate late Thursday voted to send the bill that would raise the US borrowing limit for two years to President Joe Biden\'s desk to be signed. The move ends weeks of tense negotiations that brought the country to the brink of defaulting on some of its obligations. Treasury Secretary Janet Yellen had warned that the US would run out of cash in early June without raising the debt ceiling. Meanwhile, on Friday morning, markets got a glimpse of the still red-hot labor market. Nonfarm payroll data for May showed that employers added 339,000 jobs last month , blowing past estimates of 180,000. The strong reading could complicate the Federal Reserve\'s approach to fighting inflation, though it was tempered by an increase in the unemployment rate and slower wage gains. Markets have been expecting the Fed to pause raising rates at the upcoming policy meeting this month, but a hot labor market could convince officials to maintain pressure to discourage any resurgence in inflation. As of Friday afternoon, fed fund futures were still showing about 70% odds that the Fed holds off on another rate hike, according to the CME FedWatch Tool. Here\'s where US indexes stood at the 4:00 p.m. ET close on Friday: S&P 500 : 4,282.37, up 1.45% Dow Jones Industrial Average : 33,762.76, up 2.12% (701.19 points) Nasdaq Composite : 13,240.77, up 1.07% Story continues Here\'s what else is happening: Even the biggest winners of the surge in Nvidia\'s stock price are taking some chips off the table as the AI hype train goes into overdrive. Russia\'s foreign minster accused the West of "financial blackmail." The comment comes as the economic bloc known as the BRICS considers adding Saudi Arabia and Iran. Extreme bearishness means that stocks could be facing big gains . Bank of America said this week that when investors are this downbeat, there\'s upside coming. The bank said the S&P 500 could jump 16% in the coming year. In commodities, bonds, and crypto: Oil got a boost from the strong US jobs data. West Texas Intermediate crude jumped 2.75% to $72.03 a barrel. Brent, the international benchmark, rose 2.85% to $76.40. Gold dipped by 1.5% to $1,966 an ounce. The yield on the 10-year US Treasury rose eight basis points to 3.69%. Bitcoin edged up 1.6% to $27,273. Read the original article on Business Insider', '• The Dow soared 700 points to end the week as traders cheered the end of the debt ceiling fight.\n• The Senate voted to send the bill to raise to country\'s borrowing limit for two years to Biden\'s desk.\n• Markets were also encouraged by strong nonfarm payroll data that showed employers added 339,000 jobs in May.\nUS stocks soared on Friday, with markets feeling upbeat about the end of the debt ceiling showdown and a strong May payroll report.\nThe Dow Jones Industrial Average spiked 700 points, or more than 2%, climbing steadily through the session, while the Nasdaq and S&P 500 were each up over 1%.\nThe Senate late Thursday voted to send the bill that would raise the US borrowing limit for two years to President Joe Biden\'s desk to be signed. The move ends weeks of tense negotiations that brought the country to the brink of defaulting on some of its obligations. Treasury Secretary Janet Yellen had warned that the US would run out of cash in early June without raising the debt ceiling.\nMeanwhile, on Friday morning, markets got a glimpse of the still red-hot labor market. Nonfarm payroll data for Mayshowed that employers added 339,000 jobs last month, blowing past estimates of 180,000.\nThe strong reading could complicate the Federal Reserve\'s approach to fighting inflation, though it was tempered by an increase in the unemployment rate and slower wage gains.\nMarkets have been expecting the Fed to pause raising rates at the upcoming policy meeting this month, but a hot labor market could convince officials to maintain pressure to discourage any resurgence in inflation. As of Friday afternoon, fed fund futures were still showing about 70% odds that the Fed holds off on another rate hike, according to the CME FedWatch Tool.\nHere\'s where US indexes stood at the 4:00 p.m. ET close on Friday:\n• S&P 500:4,282.37, up 1.45%\n• Dow Jones Industrial Average:33,762.76, up 2.12% (701.19 points)\n• Nasdaq Composite:13,240.77, up 1.07%\nHere\'s what else is happening:\n• Even the biggest winners of the surge in Nvidia\'s stock price are taking some chips off the tableas the AI hype train goes into overdrive.\n• Russia\'s foreign minster accused the West of "financial blackmail."The comment comes as the economic bloc known as the BRICS considers adding Saudi Arabia and Iran.\n• Extreme bearishness means that stocks could be facing big gains. Bank of America said this week that when investors are this downbeat, there\'s upside coming. The bank said the S&P 500 could jump 16% in the coming year.\nIn commodities, bonds, and crypto:\n• Oil got a boost from the strong US jobs data. West Texas Intermediate crude jumped 2.75% to $72.03 a barrel. Brent, the international benchmark, rose 2.85% to $76.40.\n• Gold dipped by 1.5% to $1,966 an ounce.\n• The yield on the 10-year US Treasury rose eight basis points to 3.69%.\n• Bitcoin edged up 1.6% to $27,273.\nRead the original article onBusiness Insider', 'Dr. John Forsyth, a missing emergency room doctor from Missouri was found dead in Arkansas from an apparent gunshot wound, authorities confirmed Wednesday, May 31, 2023 but they\'re still investigating what happened in the week since he was last seen. Jason Musgrave via AP A doctor in the Ozarks who Forbes called a Bitcoin millionaire went missing in Missouri on May 21. His body was found with an apparent gunshot wound in an Arkansas lake on May 30. Investigators have released few details to his family or the public. A doctor in the Missouri Ozarks went missing for over a week until his body was found in an Arkansas lake. But the case remains mysterious as investigators have released few details to his family or the public. Dr. John Forsyth, 49, was last seen alive on May 21, when security cameras in the parking lot of a public pool in Cassville show him getting into another vehicle after leaving his own car unlocked with his wallet, two phones, a laptop, and other items inside. That\'s according to his brother, Richard Forsyth, who added that the doctor had texted his new fiancée that morning, saying he would see her soon. His car was found later that day. Investigators haven\'t said who was driving the other vehicle. A search began after the emergency room physician didn\'t show up for his May 21 shift at Mercy Hospital in Cassville. There was no sign of Forsyth until a kayaker noticed his body in Arkansas on May 30 at Beaver Lake, some 20 miles from his last known location. His body had an apparent gunshot wound, authorities in Arkansas said. Although Benton County Coroner Daniel Oxford said an autopsy was completed Thursday, the results won\'t be released until the investigation ends. His family rejects any suggestion he took his own life. Richard Forsyth told The Daily Beast that the doctor\'s behavior was unusual. "He wouldn\'t miss a shift even if his eyeballs were hanging out of their sockets," he said. "It was an immediate red flag." Other family members said John Forsyth was a devoted father to his eight kids and seemed happier than he\'d been in a long time. They said he never missed a day of work and would often sleep in an RV outside the hospital when he was on call. Story continues Dr. Forsyth, who studied mathematics as an undergraduate, founded a decentralized cryptocurrency called Onfo, Forbes reported in 2020. "It became obvious to me that math-based currencies (like Bitcoin) would eventually supplant sovereign notes. I mined Bitcoin and Litecoin very early on and held onto them," he told Forbes. "The massive appreciation of those assets allowed me to invest in other cryptocurrency technology which ultimately led to the development of Onfo, a platform that helps people earn money through network mining." Authorities have not said whether they believe Forsyth was killed or took his own life. Initially, when Forsyth\'s empty car was found, investigators said there were no signs of foul play. But that was before the body was found. Shannon Jenkins, the Benton County Sheriff\'s Department spokesperson, said Friday that "there is no immediate threat to the public," but declined to provide more details. She said no further information would be released until the investigation is completed. It\'s also unclear what Forsyth\'s connection might be to the second vehicle seen on the surveillance video. Authorities have not confirmed any information about the video, including if it was taken before or after Forsyth may have texted his fiancée. There\'s also no information on how Forsyth got from Cassville to Beaver Lake, when and where he died, or if investigators have found a weapon. Forsyth was born in Idaho in 1974, according to online records. He was the third of seven children, his sister Gina Forsyth-Farlaino said. Newly engaged, Forsyth was also recently divorced. On May 10 of this year, a judge ordered Forsyth to pay his ex-wife $3,999 in child support a month, plus another $15,000 a mon **Last 60 Days of Bitcoin's Closing Prices:** [28168.09, 28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-03 **Financial & Commodity Data:** - Gold Closing Price: $1952.40 - Crude Oil Closing Price: $71.74 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $527,188,193,400 - Hash Rate: 331093463.8956832 - Transaction Count: 381453.0 - Unique Addresses: 635282.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.53 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Hardware wallet manufacturer Trezor today rolled out a new privacy feature for its devices. First teased last year , the new CoinJoin feature became possible thanks to Trezor’s collaboration with Wasabi Wallet , a privacy-focused Bitcoin wallet that specializes in this precise piece of technology. Bitcoin CoinJoins are a privacy-enhancing technique that allows multiple users to pool their Bitcoin inputs (unspent transaction outputs, or UTXOs) into a single transaction and to receive the same amount of Bitcoin output, but with different addresses. This effectively "mixes" the inputs, making it more difficult to trace the individual transactions back to their original sources. CoinJoins can be executed in different ways, with varying levels of privacy and complexity. One common method is to use a dedicated CoinJoin service, such as Wasabi Wallet, which is now live on the Trezor Model T. Model One support is to be added in the near future. Trezor and Wasabi Join Forces To Make Bitcoin More Private Trezor CEO Matěj Žák claims the CoinJoin tech ensures a level of anonymity close to that of cash. "People can use cash for private transactions without leaving a digital footprint or anyone storing your identity," Žák told Decrypt . "And clearly, it’s impossible with cash to see the remaining balance in someone’s wallet or bank account. Trezor with CoinJoin brings a similar level of privacy to Bitcoin." According to Žák, “the security of the process and ease of use help deliver privacy to a wider audience, which is one of the core values of the Bitcoin community.” The CoinJoin feature is available on Trezor wallets through a simple click on the “Anonymize” button. After selecting the number of CoinJoin rounds, which enhances privacy with each additional round, users confirm their preferences using the Trezor device and leave it connected while running the Trezor Suite. The remaining steps of the CoinJoin process are automated and do not require any further user involvement. Story continues Who needs to CoinJoin their Bitcoin? The CoinJoin technique addresses multiple privacy concerns that arise due to the inherent transparency of Bitcoin, often mistakenly referred to as an “anonymous” payments network. One such issue is that crypto exchanges can easily link individuals' real-world identities with their Bitcoin addresses, and can track their transactions even after they withdraw funds. CoinJoin obscures Bitcoin transaction histories and prevents such surveillance. Additionally, when using Bitcoin for purchases, the total balance of the address from which the payment was sent is visible to the merchant, something that some people consider a breach of privacy as well. With CoinJoin, users can divide their Bitcoin balance into small amounts with no transaction history, similar to breaking a large dollar bill into smaller denominations. This feature provides an extra layer of protection for privacy-conscious individuals . Another important feature offered by CoinJoin is safeguarding the privacy of Bitcoin donations. Given the network's transparency, free-flowing donations can pose a significant danger to non-governmental organizations and their donors, particularly in authoritarian regimes. "Ensuring that Bitcoin privacy tools are user-friendly and secure is crucial, as this attracts individuals to utilize these products, ultimately enhancing privacy for all users,” Max Hillebrand, the CEO of zkSNACKs (the company supporting the development of Wasabi Wallet) told Decrypt . Bitcoin Privacy Tool Aims to 'Confuse' Surveillance Companies Hillebrand also stressed the fact that CoinJoin transactions are “inherently non-custodial.” “With this integration, they [CoinJoin transactions] can now be signed using keys from a hardware wallet for the first time. This marks a substantial advancement in security."... - Reddit Posts (Sample): [['u/Tellin_Truths', "Homelessness - Why it's really happening. Let me know if I miss anything.", 23, '2023-06-03 01:36', 'https://www.reddit.com/r/conspiracy/comments/13ytlsx/homelessness_why_its_really_happening_let_me_know/', '**It\'s all part of the enslavement of humanity.**\n\n[https://www.youtube.com/shorts/4Q-dOZCzBSo](https://www.youtube.com/shorts/4Q-dOZCzBSo)\n\n1970\'s - Richard Nixon created the war on drugs in 1971, two weeks after he took the country off the Gold Standard, and then Nixon sent Kissinger to China, also in 1971, to begin moving the U.S. manufacturing to China. Everything points to 1971. Think Nixon, Kissinger, and Kennedy getting offed.\n\n[https://wtfhappenedin1971.com/](https://wtfhappenedin1971.com/)\n\n1980\'s - Ronald Reagan makes Nixon\'s War on Drugs main stream by utilizing Nancy\'s DARE. They put eggs on frying pans and used the phrase, "this is your brain, this is your brain on drugs, any questions," then began flying in drugs (mainly cocaine) from Columbia and Nicaragua. The CIA then turned a good portion of the coke into crack, using the LA Gangs, and had them deliver it to all the major metropolitan centers throughout the U.S. Reagan even gave Barry Seal an airport in Arkansas because Bill Clinton was Governor of Arkansas at the time, and President Bush continued with the whole process after Reagans presidency. This is what set the stage for the increase of the U.S. prison population from under 200,000 in 1971 to over 2,000,000 slaves in custody today. Drugs.\n\n[https://www.youtube.com/watch?v=WBreuW9LLSw](https://www.youtube.com/watch?v=WBreuW9LLSw)\n\n1980\'s - Richard Nixon\'s removal of the gold standard, Paul Volkert\'s raising of the interest rates to 20%, the invention of credit scores, and Ronald Reagan\'s trickle down economics set the stage to make America\'s middle class poorer and poorer while simultaneously creating the environment so the rich could get super fucking rich... and I mean super duper fucking rich.\n\n[https://www.youtube.com/watch?v=LXJRbju5YfE](https://www.youtube.com/watch?v=LXJRbju5YfE)\n\n1990\'s - Bill Clinton made "The Biden Crime Act" law, and went after the kids too, as mass incarceration of adults wasn\'t enough. He wanted kids in prison also. This gave a boost to the For-Profit-Prison-Industrial-Complex and struck a massive blow to the middle class, that were in the process of being systematically transitioned to lower class.\n\n[https://www.youtube.com/watch?v=0DcN6wNKxZA](https://www.youtube.com/watch?v=0DcN6wNKxZA)\n\n1990\'s - Agenda 21 was also created in the 1990\'s by the United Nations and the Rockefeller Foundation. This is the original "Great Reset". Klaus Schwab later came in, partnered with the UN, and became the public front man for UN Agenda 21, but changed it\'s original name to the "Great Reset". This is the reason much of the crazy oppressions kind of stopped in 2021. UN Agenda 2021 was over and UN Agenda 2030 was beginning. The Great Reset.\n\n[https://en.wikipedia.org/wiki/Agenda\\_21](https://en.wikipedia.org/wiki/Agenda_21)\n\n2000\'s - It was now time to go after middle class homes. A guy named Larry Fink worked for Black Stone and created these things called Mortgage Backed Securities. He then started a company called Black Rock when he left Black Stone. In 2007, Jacob Rothschild went to work for Black Stone to oversee the collapse of the US housing market, using Larry Fink\'s Mortgage Backed Securities. When Black Rock collapsed the market, Black Stone created Invitation Homes to buy up all of the financially distressed homes for pennies on the dollar. This was the beginning of the rental economy, as Invitation Homes rented the houses out to the same people they foreclosed on for hundreds of dollars more per month than they were paying to buy their house, and Jacob Rothschild left the Black Stone Board in 2009 after the collapse was complete.\n\n[https://www.youtube.com/watch?v=csRQhz\\_2Ls8](https://www.youtube.com/watch?v=csRQhz_2Ls8)\n\n2000\'s - The 2nd George Bush created the Patriot Act, he said due to the 9/11 World Trade Center Bombing, that they orchestrated. This was to put into law, the rules they deemed necessary to circumvent the U.S. Constitution, and continue whittling away rights to enslave the people. They succeeded. TSA and Homeland Security were created which gave the policing agency\'s vast powers over the people of America. Notice they never gave back the powers. Our rights are still being progressively eroded more and more, and the policing authorities were allotted the ability to attain weapons of war and use them against the American populace.\n\n[https://www.youtube.com/shorts/yNQCBd6DzjE](https://www.youtube.com/shorts/yNQCBd6DzjE)\n\n2010\'s - Bitcoin was created in 2009 as a test for the new financial system, as the bankers were now preparing to collapse the dollar. They needed to test the Blockchain. Elon Musk and Peter Theil probably created Bitcoin, as they created Paypal too. It\'s how Musk originally got rich. So, they tested the block chain by making Bitcoin open source. This allowed all of the most prominent coders of the world to detect weaknesses in the Blockchain, which would eventually become the bedrock of the new slave system, now called Central Bank Digital Currencies (CBDC).\n\n[https://www.youtube.com/watch?v=rpNnTuK5JJU](https://www.youtube.com/watch?v=rpNnTuK5JJU)\n\n2010\'s - Simultaneously, Obama began militarizing the police and they went after everyone. The courts (judges/ prosecuting attorneys) also began recruiting and promoting sociopathic individuals that were dead set on filling up the new For-Profit-Prisons. Guilty or Innocent. Defense attorneys became afraid of the prosecuting attorneys and no longer defended their clients. Mandatory minimum sentencing guidelines were set, and strict indentured servitude requirements were implemented for those released. The infrastructure for the police state was setup and 10% of US males were now under some form of indentured servitude to the state.\n\n[https://www.youtube.com/watch?v=cIqNdnDmix0](https://www.youtube.com/watch?v=cIqNdnDmix0)\n\n2020\'s - Time to implement COVID and take out the small and medium sized businesses to make way for the Public-Private-Partnerships. Public-Private-Partnerships (PPP) will be the basis of Universal Basic Income (UBI). Everyone will be allotted shares of the new PPP\'s which will pay UBI in the form of CBDC\'s. UN Agenda-21 transformed into UN Agenda 2030, which has been rebranded into Klaus Schwab\'s "Great Reset", is now in full effect. Many of the small and medium sized businesses were taken out. Many people died from the virus and the shot. The next step will probably be to collapse the housing market. Militarized Police are dominating everywhere. Those unfortunate souls who get caught in their web have all their worldly possessions stolen from them, and many are forced into homelessness. Homeless people are flooding the streets because of all the shit I just listed... including drugs, felony records, and no hope.\n\n[https://www.youtube.com/watch?v=k6E6zZy0B5M](https://www.youtube.com/watch?v=k6E6zZy0B5M)\n\n**You will own nothing and be happy. Everything you want you\'ll rent.**\n\nAKA - Total Slavery.', 'https://www.reddit.com/r/conspiracy/comments/13ytlsx/homelessness_why_its_really_happening_let_me_know/', '13ytlsx', [['u/banditorama', 13, '2023-06-03 01:48', 'https://www.reddit.com/r/conspiracy/comments/13ytlsx/homelessness_why_its_really_happening_let_me_know/jmoihew/', "The big thing you're missing is the gutting of manufacturing jobs over time too. That's what made the middle class originally", '13ytlsx'], ['u/Metalgrowler', 10, '2023-06-03 06:39', 'https://www.reddit.com/r/conspiracy/comments/13ytlsx/homelessness_why_its_really_happening_let_me_know/jmpf5mh/', 'You should add in credit scores which only became a thing in like 1989', '13ytlsx']]], ['u/Coracm41', 'Winklevoss Twins present Prime Minister of Ireland with Bitcoin PEZ Dispenser.', 213, '2023-06-03 02:48', 'https://www.reddit.com/r/Bitcoin/comments/13yv8z8/winklevoss_twins_present_prime_minister_of/', 'Reason being, Gemini has officially announced Ireland for European HQ', 'https://i.redd.it/w55sv0c1ap3b1.jpg', '13yv8z8', [['u/Walla_Walla_26', 30, '2023-06-03 06:45', 'https://www.reddit.com/r/Bitcoin/comments/13yv8z8/winklevoss_twins_present_prime_minister_of/jmpfq68/', 'These fucking guys. I’m surprised they are showing their faces in public. I’d be pissed if my money was still locked up in that Gemini Earn product…. Then again, Mashinsky is walking around free and his platform collapsed completely with everyone’s money', '13yv8z8'], ['u/reasec', 17, '2023-06-03 08:54', 'https://www.reddit.com/r/Bitcoin/comments/13yv8z8/winklevoss_twins_present_prime_minister_of/jmpqa9e/', 'Those two looks like clones from the matrix movie.', '13yv8z8'], ['u/saschofield', 24, '2023-06-03 09:57', 'https://www.reddit.com/r/Bitcoin/comments/13yv8z8/winklevoss_twins_present_prime_minister_of/jmputmd/', 'Hang on, the two most boring billionnaires on the planet are out here gifting PEZ dispensers..?', '13yv8z8'], ['u/Ibite8723', 13, '2023-06-03 16:08', 'https://www.reddit.com/r/Bitcoin/comments/13yv8z8/winklevoss_twins_present_prime_minister_of/jmqr23c/', 'Still more human looking than Zuckerberg,', '13yv8z8']]], ['u/ginevrababy', 'Common scams and tricks that you may find if you sell on Reddit (+ how to stay out of trouble if you post in selling subs)', 66, '2023-06-03 03:14', 'https://www.reddit.com/r/SellerCircleStage/comments/13yvvzb/common_scams_and_tricks_that_you_may_find_if_you/', 'I have been selling since 2020 and I have been scammed a few times too, I have OF only on the side and mainly sell on Reddit because it\'s easier and faster for me.\n\nScammers have become more and more creative and now I have become more careful. Also, it\'s easy to waste time entertaining losers who have no intention buying but get a kic... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["SAN FRANCISCO, CA / ACCESSWIRE / June 3, 2023 / Introducing Reportscammedbitcoin.com is a website that allows users to report crypto losing cases and other wrong crypto transactions while also being able to track cryptocurrency transactions. The site enables users to input a wallet address, transaction ID, or block number to track the transaction. The site also provides an email form to report the details case. ReportScammedBitcoin, Saturday, June 3, 2023, Press release picture The platform has been designed to assist users in tracing stolen or lost bitcoins. This feature becomes a valuable resource for both law enforcement and private individuals seeking to recover lost or stolen cryptocurrency. The most unique feature of reportscammedbitcoin.com is its blockchain explorer. This feature allows users to view all the data associated with a particular address or transaction. Its search engine makes it easy to find specific addresses or transactions. The notifications system alerts users when a keyword or phrase appears in the blockchain. In addition to these features, Reportscammedbitcoin.com also offers an API that enables developers to build applications on top of the site's data. This API gives developers access to all the same data available through the site's web interface, making it possible to create a wide variety of new and innovative tools for tracking cryptocurrency transactions. To use this feature, users need to provide the site with as much information as possible about the transaction that took place. This includes the date and time of the transaction, the addresses involved, and any other relevant details. Then, the platform uses this information to try to track down the transaction on the blockchain. Once the transaction is found, the platform provides the user with information about where the coins were sent next. This information can be used to try to recover the funds. While there are no guarantees of success, it is worth a try if someone has been lost their hard-earned money. Story continues Another great feature is the ability to see all the outgoing and incoming transactions from a particular address. This can be used to identify which services or exchanges has been used, as well as any other addresses they may have used in the past. The site also includes a number of other useful resources, such as a list of common incidents, advice on how to avoid being trapped, and even a forum where users can share information and help each other out. All in all, Reportscammedbitcoin.com is an invaluable resource for anyone who wants to stay safe when using cryptocurrency. Whether individuals are looking to prevent themselves from becoming victims or want to help track down those who have been the victim of this incident, this site is definitely worth checking out. If someone has been the victim, it is very important to track the digital currency first, according to ReportScammedBitcoin 's experts. They can assist in tracking the lost crypto into the complex world of cryptocurrency. One option is to contact the exchange where the money was sent and file a dispute. Many exchanges have policies in place to help victims recover their money. Another option is to contact law enforcement - these types of stealing are considered a type of financial crime, and they may be able to help track down the perpetrators and recover the money. The site has a database of over 2 million addresses associated with known similar cases, and it uses blockchain analysis to help victims track down where their money went. If someone has lost his cryptocurrency, they should definitely check out ReportScammedBitcoin.com - it could be the key to getting their money back. Users can contact the platform through the website form. When they fill out the form with all the details, the platform will contact them and provide a free consultation. During the consultation, they will receive guidance and recommendations for recovery service providers that can help them recover the lost funds. About Company The capability to trace cryptocurrency transactions back to their source is invaluable. Reportscammedbitcoin.com provides a reliable and secure platform that not only makes it easier for users to track their own crypto assets but also assists law enforcement in investigation efforts when tackling money laundering issues. With new data being added every day, this website is certainly set to become an essential resource in helping navigate the increasingly complex landscape of the crypto-sphere with greater accuracy and efficiency. Media Contact Organization: ReportScammedBitcoin Contact Person: Zella Redd Website: https://reportscammedbitcoin.com Email: [email protected] Contact Number: +14809486042 City: San Francisco State: California Country: United States SOURCE: ReportScammedBitcoin View source version on accesswire.com: https://www.accesswire.com/759093/Introducing-reportscammedbitcoincom-The-Platform-for-Tracing-Cryptocurrency-Transactions-and-Restoring-Lost-Assets", "SAN FRANCISCO, CA / ACCESSWIRE / June 3, 2023 /Introducing Reportscammedbitcoin.com is a website that allows users to report crypto losing cases and other wrong crypto transactions while also being able to track cryptocurrency transactions. The site enables users to input a wallet address, transaction ID, or block number to track the transaction. The site also provides an email form to report the details case.\nThe platform has been designed to assist users in tracing stolen or lost bitcoins. This feature becomes a valuable resource for both law enforcement and private individuals seeking to recover lost or stolen cryptocurrency.\nThe most unique feature of reportscammedbitcoin.com is its blockchain explorer. This feature allows users to view all the data associated with a particular address or transaction. Its search engine makes it easy to find specific addresses or transactions. The notifications system alerts users when a keyword or phrase appears in the blockchain.\nIn addition to these features,Reportscammedbitcoin.comalso offers an API that enables developers to build applications on top of the site's data. This API gives developers access to all the same data available through the site's web interface, making it possible to create a wide variety of new and innovative tools for tracking cryptocurrency transactions.\nTo use this feature, users need to provide the site with as much information as possible about the transaction that took place. This includes the date and time of the transaction, the addresses involved, and any other relevant details.\nThen, the platform uses this information to try to track down the transaction on the blockchain. Once the transaction is found, the platform provides the user with information about where the coins were sent next. This information can be used to try to recover the funds. While there are no guarantees of success, it is worth a try if someone has been lost their hard-earned money.\nAnother great feature is the ability to see all the outgoing and incoming transactions from a particular address. This can be used to identify which services or exchanges has been used, as well as any other addresses they may have used in the past. The site also includes a number of other useful resources, such as a list of common incidents, advice on how to avoid being trapped, and even a forum where users can share information and help each other out.\nAll in all, Reportscammedbitcoin.com is an invaluable resource for anyone who wants to stay safe when using cryptocurrency. Whether individuals are looking to prevent themselves from becoming victims or want to help track down those who have been the victim of this incident, this site is definitely worth checking out.\nIf someone has been the victim, it is very important to track the digital currency first, according toReportScammedBitcoin's experts. They can assist in tracking the lost crypto into the complex world of cryptocurrency.\nOne option is to contact the exchange where the money was sent and file a dispute. Many exchanges have policies in place to help victims recover their money. Another option is to contact law enforcement - these types of stealing are considered a type of financial crime, and they may be able to help track down the perpetrators and recover the money.\nThe site has a database of over 2 million addresses associated with known similar cases, and it uses blockchain analysis to help victims track down where their money went. If someone has lost his cryptocurrency, they should definitely check out ReportScammedBitcoin.com - it could be the key to getting their money back.\nUsers can contact the platform through the website form. When they fill out the form with all the details, the platform will contact them and provide a free consultation. During the consultation, they will receive guidance and recommendations for recovery service providers that can help them recover the lost funds.\nAbout Company\nThe capability to trace cryptocurrency transactions back to their source is invaluable. Reportscammedbitcoin.com provides a reliable and secure platform that not only makes it easier for users to track their own crypto assets but also assists law enforcement in investigation efforts when tackling money laundering issues. With new data being added every day, this website is certainly set to become an essential resource in helping navigate the increasingly complex landscape of the crypto-sphere with greater accuracy and efficiency.\nMedia ContactOrganization: ReportScammedBitcoinContact Person: Zella ReddWebsite:https://reportscammedbitcoin.comEmail:[email protected] Number: +14809486042City: San FranciscoState: CaliforniaCountry: United States\nSOURCE:ReportScammedBitcoin\nView source version on accesswire.com:https://www.accesswire.com/759093/Introducing-reportscammedbitcoincom-The-Platform-for-Tracing-Cryptocurrency-Transactions-and-Re **Last 60 Days of Bitcoin's Closing Prices:** [28177.98, 28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-04 **Financial & Commodity Data:** - Gold Closing Price: $1952.40 - Crude Oil Closing Price: $71.74 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $528,256,126,500 - Hash Rate: 376937174.2812394 - Transaction Count: 364020.0 - Unique Addresses: 588801.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.52 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin’s mining difficulty level rose 3.4% on Thursday to an all-time high, as the network’s hashrate also increased to a record high. The difficulty level changes roughly every two weeks and measures the additional computing power a miner has to use to verify transactions on a block. A higher difficulty reading indicates that it is more competitive to mine Bitcoin, reducing profit. See related article: U.S. congressman says crypto mining tax scrapped in debt ceiling deal Fast facts The mining difficulty reading came in at 51.23 trillion at block height 792,288 in Thursday’s adjustment. That follows a 3.22% rise in the previous adjustment on May 18, according to data from BTC.com. The difficulty of mining Bitcoin typically rises when more miners go online, which raises competition. Miners are rewarded Bitcoin for validating transactions on the network. The higher the difficulty, the less chance a miner has to secure an entire block on the chain. Therefore, a miner’s profitability is dependent on the difficulty level. Mining difficulty adjustments are closely correlated to changes in hashrate, the level of computing power used for mining. “In short, difficulty follows hashrate up or down, and hashrate is driven by the overall profitability of building and operating bitcoin data centers,” said Andrew Webber, chief of Digital Power Optimization that works with power producers to deploy Bitcoin mining operations. “If Bitcoin spot price goes higher, it means larger profits for miners. Bitcoin’s hashrate was at around 375 exahashes per second on Wednesday. That was an increase from the 365.1 exahashes recorded during the last adjustment on May 18, data from Blockchain.com shows. At that time Bitcoin was trading at around US$26,800, up roughly 61% for the year. Its price stood at US$27,068 at 10:10 a.m. in Hong Kong on Thursday. That was a rise of 3.6% for the past seven days, according to data from CoinMarketCap. Meanwhile, most Bitcoin mining-related stocks in the U.S. gained this week. On Sunday, Republican congressman Warren Davidson indicated that a proposed tax on electricity use by cryptocurrency miners in the country had been scrapped . The decision is part of the ongoing U.S. debt ceiling negotiations between the White House and House Republicans. “The potential for some arbitrary tax on this specific industry was an obvious overhand, which seems to have been pushed away for the time being,” Webber said. Shares of cryptocurrency mining company Marathon Digital Holdings on Nasdaq have climbed 9.6% since closing on Friday — a rise of 187.9% for the year. Bitcoin miner Riot Platforms shares have also jumped 9.9% since Friday — a 256% rise since the beginning of this year. (Updates from fourth paragraph with comment.) See related article: Tether stablecoin issuer taps Uruguay for Bitcoin mining using renewable energy... - Reddit Posts (Sample): [['u/Status_Floor1746', 'DOT vs ATOM', 36, '2023-06-04 00:26', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/', ' I have recently decided to try and branch out from the two main cryptos I own (BTC and ETH). While other projects have recently caught my eye I have decided that this time I would like to focus on blockchains that specialize in scalability. Since I came into some unexpected crypto via an airdrop and since then have not touched it yet want to move out of the token I wanted to first come here and see what people thought. It is my understanding that the two leaders in this scalability space are Polkadot and Cosmos (DOT and ATOM). Before I deep dive into the two I wanted to see what the community here thought about the two and which blockchain would you want to invest in and why would that be?', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/', '13zrvmc', [['u/Cold-Speech1325', 20, '2023-06-04 00:31', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmsmonr/', 'This sub said DOT is good so it must be good.', '13zrvmc'], ['u/the_spiritual_eye', 65, '2023-06-04 00:38', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmsnlp8/', 'You have no idea about the war you just started here.', '13zrvmc'], ['u/Odlavso', 40, '2023-06-04 00:42', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmso4s3/', 'Cosmos seems to a more active community and also more things going on. \n \nDOT supposedly has a lot going on in the background. \n \nMy ATOM bag is holding up better than my DOT bag price wise', '13zrvmc'], ['u/0ne_too', 15, '2023-06-04 01:04', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmsqs9a/', "I'm biased as hell, i love Cosmos. Love the wallet, love the app chains, love the community despite the high DPS(drama per second), love the tech stack, love what's coming in the near to not so near future, love some of the devs/validators, some not so much. Love being able to move my assets around with IBC, which is a communications protocol not a bridge, for pennies or less. \n\nLove the fact that Cosmos ships. We passed the vote to build Interchain Security last July and ICS just went live last month. Less than a year for a pretty significant upgrade to Atom. \n\nI really like being able to know and chose who i delegate(stake) to. And being able to re-delegate if I don't feel aligned with them anymore. \n\nI could go on. \n\nI have a bag of dot staking. Talisman is fine. Stellaswap is ok. Acala is a shitshow. Japan is carrying Astar which is fine good for them. Auctions are not it. I really don't like the...lets call it phraseology of Polkadot. They make things way harder than they need to be imo. And i don't run into this anywhere other than Dot really. \n\nDot is fine. It's not for me. If it's your lane and you're happy with your investments in Dot and the dot ecosystem then it's all good.", '13zrvmc'], ['u/Odlavso', 14, '2023-06-04 01:19', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmsspol/', "I've honestly been thinking of selling my DOT bag and going all in on ATOM. DOT staking is so much more complicated and I hate not seeing my balance in my wallet by using pools. ATOM is much easier and with the extra staking rewards coming soon from the consumer chains it seems like the better move.", '13zrvmc'], ['u/Octopus-Pawn', 14, '2023-06-04 01:35', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmsuqq5/', 'Since they both lean on the principle of interoperability and anticipate a multi-coin future, I can’t see why they can’t both thrive in the future. They are both excellent projects.', '13zrvmc'], ['u/in_hodl_we_trust', 12, '2023-06-04 01:41', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmsvdgm/', 'I highly recommend using both before deciding.', '13zrvmc'], ['u/MakeItRelevant', 27, '2023-06-04 02:07', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmsym11/', 'Polkadot is a bit more radical in its approach to connecting different blockchains, while Cosmos offers a more structured and organized framework for interoperability. I have both, but more DOT especially because of Substrate itself.', '13zrvmc'], ['u/Potential_Nerve_3779', 10, '2023-06-04 03:56', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmtbcia/', 'By radical do you mean confusing the lacking any smart considerations?', '13zrvmc'], ['u/Spicoli007', 20, '2023-06-04 06:12', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmtpxb5/', "Lol! So right. So I'm going to fire away. ATOM :)", '13zrvmc'], ['u/BetterNotLouder', 11, '2023-06-04 08:42', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmu2klo/', 'Firing back with rapid fire: dot, dot, dot, dot, dot', '13zrvmc']]], ['u/Affectionate-Dig4280', 'Just got scammed', 11, '2023-06-04 01:48', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/', 'I am thought that if there is a SD out there that him and I had mutual benefits that I would be okay. Turns out to be called a romance scam. So from one struggling momma that was interested in sugar dating is it real?\n\nSo the scam was incase you don’t want to run through the comments: He and I met online and was suppose to meet when he got off a cruise ship that he told me he works on. He paid my cellphone bill so we can continue to talk (which is now getting shit off) then I thought he was a real guy for paying that and he asked for my bank account and log in. He deposited $5000 3 times without talking to me. Had me transfer $2700 over to cashapp and send him bitcoinns. Mean while I was waiting for the rest to clear it never did.', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/', '13zu3fv', [['u/SugarBabyVet', 19, '2023-06-04 02:29', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmt1a26/', 'Yes that a scam. \n\nNo man is going to meet you off of the internet and ask for your banking information to give you money. \n\nNo SD is going to ask you to send him money. \n\nTake a step out of the bowl and spend some time reading this forum.', '13zu3fv'], ['u/Vivid-Leader-3409', 75, '2023-06-04 03:01', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmt505e/', 'You never give your log in for anyone c’mon this is common sense, please go change your logging info, call your bank', '13zu3fv'], ['u/JustAGoodGuy1080', 33, '2023-06-04 03:21', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmt7bhu/', "I love my kids with all my heart and trust them, unquestionably.\n\nThey don't have access to my banking info.", '13zu3fv'], ['u/LearnDifferenceBot', 31, '2023-06-04 03:21', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmt7e09/', 'Bye TwerkingAvocado. Have fun continuing to use common words incorrectly!', '13zu3fv'], ['u/sdsf9', 15, '2023-06-04 03:31', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmt8gz1/', 'burn!', '13zu3fv'], ['u/BinghamtonSD', 14, '2023-06-04 03:40', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmt9hsp/', "I've never seen a reddit bot with such attitude!", '13zu3fv'], ['u/Vivid-Leader-3409', 36, '2023-06-04 03:48', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmtafhl/', 'How are you in the military and don’t know about not sharing your login info is beyond me but- please for the love of god, even if he pays for a new house, you never share your login info..', '13zu3fv'], ['u/SeekingInToronto', 13, '2023-06-04 03:56', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmtbafp/', 'Omg, this is the thing that made me laugh the hardest today. 😂', '13zu3fv'], ['u/SpaceGuy1968', 17, '2023-06-04 04:12', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmtd2ff/', 'Yep\nIt\'s called an "overpayment scam"\n\n[overpayment scam](https://www.doj.nh.gov/consumer/dont-cash-that-check/check-overpayment.htm)', '13zu3fv'], ['u/ThinAvocadoToast', 27, '2023-06-04 05:32', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmtltwi/', '“Works on a cruise ship”\n\n= poor.\n\nNever mind giving out your bank account info. Sorry OP', '13zu3fv'], ['u/Frank9567', 24, '2023-06-04 07:20', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmtw26s/', "It's not restricted to this lifestyle. It is a common scam elsewhere too.", '13zu3fv'], ['u/guerreradevida', 36, '2023-06-04 08:09', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmtzzo7/', 'Not even about the lifestyle at all, just basic common sense', '13zu3fv'], ['u/Dear_Arachne', 23, '2023-06-04 09:00', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmu3xqr/', "Right? I'm sympathetic but goddamn, you don't just give someone your bank account login, ever. That shit not only has all your money, but also your full name, address, and spending habits & locations. Maybe okay if you're married but even then it's situational. Then immediately asking her to send some back too?? Come on. Get out of the bowl if you're this clueless about money and safety.", '13zu3fv'], ['u/KinkyFemdomme845', 10, '2023-06-04 12:57', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmul39h/', 'I don’t feel bad for you. This scam is ALL OVER the news, Social media, talked about every day!!! You are either lying or really really really really slow. If you can work Reddit you saw this scam before!', '13zu3fv'], ['u/BigMagnut', 14, '2023-06-04 13:57', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmuq6el/', 'You are not cut out for this ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Jack Dorsey, Twitter’s cofounder and former CEO, has endorsed Democratic presidential contender Robert F. Kennedy, Jr. More from Fortune: 5 side hustles where you may earn over $20,000 per year—all while working from home Looking to make extra cash? This CD has a 5.15% APY right now Buying a house? Here\'s how much to save This is how much money you need to earn annually to comfortably buy a $600,000 home On Sunday, the influential tech billionaire tweeted a Fox News YouTube video entitled “Robert F. Kennedy, Jr. argues he can beat Trump and DeSantis in 2024” writing, “He can and will.” Asked whether he was endorsing or predicting, he replied , “Both.” Kennedy, a nephew of President John F. Kennedy and the son of his slain brother Robert F. Kennedy, is like Dorsey a strong believer in Bitcoin, which he recently described as an “exercise in democracy.” Last month, Kennedy delivered a well-received keynote address at a Bitcoin conference in Miami. He called Bitcoin a “bulwark” against “government and corporate expansion and intrusion.” “As president, I will make sure that your right to hold and use Bitcoin is inviolable," he added. He pledged to defend the right of self-custody of Bitcoin and other digital assets. “You should be able to own your own private keys, the same as you own the keys to your car or own your wallet…I don’t think the government has the right to demand access to your Bitcoin key or indeed any of your passwords. To say otherwise to cede essential territory to surveillance state.” An anti-vaccine activist, Kennedy frequently and controversially attacked Anthony Fauci, former director of the National Institute of Allergy and Infectious Diseases, over the way he handled the pandemic, accusing him of orchestrating “fascism” and writing a book on the topic. When a Twitter user commented there was “not a chance the DNC [Democratic National Committee] allows him to be nominated,” Dorsey replied , "Even more reason.” He later added that the DNC “seems more irrelevant by the day” and wrote “end of an empire,” to which Tesla CEO and current Twitter owner Elon Musk replied with two fire emoji. Story continues Earlier on Sunday, Musk tweeted that he’ll host Kennedy in the Twitter Spaces audio platform on Monday afternoon. Dorsey replied to that by writing, “Excellent.” The event came together quickly, with Musk asking Kennedy Friday on Twitter, “Would you like to do a Spaces discussion with me next week?” Kennedy replied in the affirmative, and Dorsey chimed in , “This would be great.” Twitter Spaces also figured large in politics last month, when Republican Florida governor Ron DeSantis announced his presidential bid there, although technical glitches marred the event . On Friday evening, Musk tweeted , "System is being upgraded & stress-tested in advance of @RobertKennedyJr interview on Monday.” When a Twitter user commented that Kennedy’s shaky voice is “an issue,” Dorsey replied by calling it a “super power,” saying it sets the candidate apart. This story was originally featured on Fortune.com More from Fortune: 5 side hustles where you may earn over $20,000 per year—all while working from home Looking to make extra cash? This CD has a 5.15% APY right now Buying a house? Here\'s how much to save This is how much money you need to earn annually to comfortably buy a $600,000 home', 'Jack Dorsey, Twitter’s cofounder and former CEO, has endorsed Democratic presidential contender Robert F. Kennedy, Jr.\nMore from Fortune:5 side hustles where you may earn over $20,000 per year—all while working from homeLooking to make extra cash? This CD has a 5.15% APY right nowBuying a house? Here\'s how much to saveThis is how much money you need to earn annually to comfortably buy a $600,000 home\nOn Sunday, the influential tech billionairetweetedaFoxNews YouTubevideoentitled “Robert F. Kennedy, Jr. argues he can beat Trump and DeSantis in 2024” writing, “He can and will.”\nAsked whether he was endorsing or predicting, hereplied, “Both.”\nKennedy, a nephew of President John F. Kennedy and the son of his slain brother Robert F. Kennedy, is like Dorsey a strong believer in Bitcoin, which he recentlydescribed asan “exercise in democracy.”\nLast month, Kennedy delivered a well-receivedkeynote addressat a Bitcoin conference in Miami. He called Bitcoin a “bulwark” against “government and corporate expansion and intrusion.”\n“As president, I will make sure that your right to hold and use Bitcoin is inviolable," he added.\nHe pledged to defend the right of self-custody of Bitcoin and other digital assets. “You should be able to own your own private keys, the same as you own the keys to your car or own your wallet…I don’t think the government has the right to demand access to your Bitcoin key or indeed any of your passwords. To say otherwise to cede essential territory to surveillance state.”\nAn anti-vaccine activist, Kennedy frequently andcontroversiallyattacked Anthony Fauci, former director of the National Institute of Allergy and Infectious Diseases, over the way he handled the pandemic, accusing him of orchestrating “fascism” and writing abookon the topic.\nWhen a Twitter user commented there was “not a chance the DNC [Democratic National Committee] allows him to be nominated,” Dorseyreplied, "Even more reason.” He lateraddedthat the DNC “seems more irrelevant by the day” and wrote “end of an empire,” to whichTeslaCEO and current Twitter owner Elon Muskreplied withtwo fire emoji.\nEarlier on Sunday, Musktweetedthat he’ll host Kennedy in the Twitter Spaces audio platform on Monday afternoon. Dorseyrepliedto that by writing, “Excellent.”\nThe event came together quickly, with MuskaskingKennedy Friday on Twitter, “Would you like to do a Spaces discussion with me next week?” Kennedyrepliedin the affirmative, and Dorseychimed in, “This would be great.”\nTwitter Spaces also figured large in politics last month, when Republican Florida governor Ron DeSantis announced his presidential bid there, although technical glitchesmarred the event.\nOn Friday evening, Musktweeted, "System is being upgraded & stress-tested in advance of @RobertKennedyJr interview on Monday.”\nWhen a Twitter user commented that Kennedy’s shaky voice is “an issue,” Dorseyrepliedby calling it a “super power,” saying it sets the candidate apart.\nThis story was originally featured onFortune.com\nMore from Fortune:5 side hustles where you may earn over $20,000 per year—all while working from homeLooking to make extra cash? This CD has a 5.15% APY right nowBuying a house? Here\'s how much to saveThis is how much money you need to earn annually to comfortably buy a $600,000 home', 'Jack Dorsey, Twitter’s cofounder and former CEO, has endorsed Democratic presidential contender Robert F. Kennedy, Jr.\nMore from Fortune:5 side hustles where you may earn over $20,000 per year—all while working from homeLooking to make extra cash? This CD has a 5.15% APY right nowBuying a house? Here\'s how much to saveThis is how much money you need to earn annually to comfortably buy a $600,000 home\nOn Sunday, the influential tech billionairetweetedaFoxNews YouTubevideoentitled “Robert F. Kennedy, Jr. argues he can beat Trump and DeSantis in 2024” writing, “He can and will.”\nAsked whether he was endorsing or predicting, hereplied, “Both.”\nKennedy, a nephew of President John F. Kennedy and the son of his slain brother Robert F. Kennedy, is like Dorsey a strong believer in Bitcoin, which he recentlydescribed asan “exercise in democracy.”\nLast month, Kennedy delivered a well-receivedkeynote addressat a Bitcoin conference in Miami. He called Bitcoin a “bulwark” against “government and corporate expansion and intrusion.”\n“As president, I will make sure that your right to hold and use Bitcoin is inviolable," he added.\nHe pledged to defend the right of self-custody of Bitcoin and other digital assets. “You should be able to own your own private keys, the same as you own the keys to your car or own your wallet…I don’t think the government has the right to demand access to your Bitcoin key or indeed any of your passwords. To say otherwise to cede essential territory to surveillance state.”\nAn anti-vaccine activist, Kennedy frequently andcontroversiallyattacked Anthony Fauci, former director of the National Institute of Allergy and Infectious Diseases, over the way he handled the pandemic, accusing him of orchestrating “fascism” and writing abookon the topic.\nWhen a Twitter user commented there was “not a chance the DNC [Democratic National Committee] allows him to be nominated,” Dorseyreplied, "Even more reason.” He lateraddedthat the DNC “seems more irrelevant by the day” and wrote “end of an empire,” to whichTeslaCEO and current Twitter owner Elon Muskreplied withtwo fire emoji.\nEarlier on Sunday, Musktweetedthat he’ll host Kennedy in the Twitter Spaces audio platform on Monday afternoon. Dorseyrepliedto that by writing, “Excellent.”\nThe event came together quickly, with MuskaskingKennedy Friday on Twitter, “Would you like to do a Spaces discussion with me next week?” Kennedyrepliedin the affirmative, and Dorseychimed in, “This would be great.”\nTwitter Spaces also figured large in politics last month, when Republican Florida governor Ron DeSantis announced his presidential bid there, although technical glitchesmarred the event.\nOn Friday evening, Musktweeted, "System is being upgraded & stress-tested in advance of @RobertKennedyJr interview on Monday.”\nWhen a Twitter user commented that Kennedy’s shaky voice is “an issue,” Dorseyrepliedby calling it a “super power,” saying it sets the candidate apart.\nThis story was originally featured onFortune.com\nMore from Fortune:5 side hustles where you may earn over $20,000 per year—all while working from homeLooking to make extra cash? This CD has a 5.15% APY right nowBuying a house? Here\'s how much to saveThis is how much money you need to earn annually to comfortably buy a $600,000 home', 'Bitcoin traded little changed on Mond **Last 60 Days of Bitcoin's Closing Prices:** [28044.14, 27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-05 **Financial & Commodity Data:** - Gold Closing Price: $1958.00 - Crude Oil Closing Price: $72.15 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $519,685,609,725 - Hash Rate: 351468446.2892638 - Transaction Count: 359254.0 - Unique Addresses: 610475.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.53 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: London, UK, April 13, 2023 (GLOBE NEWSWIRE) --Heliohas announced a successful funding round, raising $3.3 million in a seed round to bring Web3 payments to the masses. Helio was founded by serial entrepreneurs Jim Walker and Stijn Paumen with a vision to build a “Stripe” for the Web3 economy that makes integrating blockchain-native payments as simple as setting up a Gmail account. The round is led by Peak and Lightspeed Faction, with further participation from RockawayX, Solana Labs and a group of leading angel investors. “Payments is the ultimate blockchain killer app, promising lower fees, instant settlement for merchants, and increased privacy & friction-free checkouts for users. Our goal is to bring these benefits to 100s of millions of users over time by lowering the barriers of using web3 technology and offering a familiar payment UX”, said Stijn Paumen, CEO of Helio. “We’re thrilled with the backing, which will allow us to execute on our roadmap, scale the platform and streamline onboarding new clients.” Since launching in the summer of 2022, Helio has processed over $10 million in e-commerce, NFT sales, SaaS subscriptions, content paywalls, and other payments for over 900 merchant customers and 35,000 users. Helio features in the top 50 DeFi apps across all blockchains, according to DappRadar. “Digital payments is a +10T market with double-digit growth driven by emerging payment technologies such as blockchain payments. We believe a sizeable share of transactions will be executed on blockchains in the coming decade, creating a multi-billion dollar revenue opportunity”, saidDavid Zwagemaker, Partner at Peak. “Helio will be leading the way with their API and simple UI that makes it easy for anyone to integrate in minutes and process Web3 payments without any prior blockchain experience.” Founders Jim & Stijn have worked together for 20 years building SaaS start-ups with two successful exits for a total of $600M Today, Helio’s solution provides a secure and convenient way for merchants, dApps, and creators to accept instant crypto payments across multiple blockchains, including Solana, Polygon, and Ethereum. The platform offers built-in content paywalling features that allow creators, such as podcasters, YouTubers, artists, NFT projects, media, or platforms to monetize content in a new way and reach a new audience with watch-to-earn models. “We were instantly excited by Helio’s focus on digital content as an emerging use case for Web3 payments”, said Sam Harrison, Managing Partner at Lightspeed Faction. “A crypto wallet can also act as a portable digital identity, meaning creators can eliminate sign-ups from their checkout flow. At the same time, users can instantly unlock and pay for content with a micropayment and a single tap of their wallet saving 2-3 minutes it would take to sign up and pay over traditional, expensive card rails. That level of friction is completely removed with Helio”. The funding will be used to build out the sales and marketing teams to strike partnerships with creator platforms and marketplaces. In addition, Helio will expand its engineering team to pursue the company's multi-chain strategy with launches planned for Bitcoin, Binance, as well as deliver an in-app wallet to enable Web2-style payment experiences and integrations. About Helio Helio powers payments for the Web3 economy. We offer a secure and convenient way for merchants, dApps, and creators to accept fully decentralised crypto payments for ecommerce, subscriptions, paywalling, invoicing and more across multiple blockchains About Peak Peak is a seed-stage venture capital fund investing across Europe from its offices in Amsterdam, Berlin, and Stockholm. For the past 15 years, Peak has specialized in SaaS, marketplaces, and platforms. Its investors include their active portfolio founders and other European entrepreneurs and operators. Allocated over five funds, Peak has invested in over 50 companies like Catawiki, Hygraph, StuDocu, Circula, Channable, Trengo, Breyta, Creative Fabrica, Blidz, and now, Helio. About Lightspeed Faction Faction is a joint-venture with Lightspeed Venture Partners. We back disruptive crypto projects at the early stage. We invest in the best entrepreneurs at the Seed and Series A, across both equity and tokens. We look to partner with BUIDLers who are working on something fundamentally useful in blockchain and who are passionately pushing the industry forward. We invest across the stack (layer zero to applications) and sectors (DeFi to NFTs). Regardless of vertical or horizontal, our north star is always the same: great entrepreneurs creating real utility and pushing the frontier. CONTACT: Tim Haldorsson PR Manager tim(at)lunarstrategy.com... - Reddit Posts (Sample): [['u/JerSucks', 'ITZY Weekly Discussion & Recap for May 29, 2023 - June 4, 2023', 18, '2023-06-05 00:23', 'https://www.reddit.com/r/ITZY/comments/140slrn/itzy_weekly_discussion_recap_for_may_29_2023_june/', '#Weekly Recap for May 29, 2023 - June 4, 2023\n\nWelcome to the r/ITZY Weekly Discussion & Recap!\n\nIn this thread we compile everything [ITZY](https://i.imgur.com/NecZAIu.jpg) has done this week for people who can\'t quite keep up with it all!\n\nThis post now also serves as our Weekly MIDZY Discussion Thread! That means this is an anything goes discussion thread. Feel free to talk about anything you\'d like with other MIDZY! All we ask is that you keep it safe for work!\n\n---\n\nCHESHIRE Era Stream Links | \n|--|\n[**Cheshire Music Video**](https://youtu.be/zugAhfd2r0g) |\n[**Boys Like You Music Video**](https://youtu.be/6uZy86ePgO0) |\n[CHESHIRE on Spotify](https://open.spotify.com/album/2a1ezg7hE6Dyuymv1aCnkm?si=a55f8f9a8d734954) |\n[CHESHIRE Album Discussion Thread](https://redd.it/z8ml5g)\n\n--\n\nLia - One Hundred Love (Romantic Doctor 3 OST Part.5) |\n|--|\n[One Hundred Love](https://youtu.be/sQlaermnufs) |\n[One Hundred Love (Making Ver.)](https://youtu.be/iphcBamQrjI) |\n[On Hundred Love on Spotify](https://open.spotify.com/album/3tbF7tfZeQa9WnXmpclfiF?si=-RBgXMl7Q-OphBTcWJSXiw) |\n\n--\n\nBlah Blah Blah Stream Links | \n|--|\n[**Blah Blah Blah Music Video**](https://youtu.be/F-QTb-0wRGk) |\n[Can\'t tie me down](https://www.youtube.com/watch?v=KHr4VVzE3zQ) |\n[Blah Blah Blah on Spotify](https://open.spotify.com/track/5wOWpaKW92jhcm8pBOlrdR) |\n\n\n\n---\n\n#Megathreads\n\n|Thread|\n--|--\n| [The First Album "CRAZY IN LOVE" (Era Recap)](https://redd.it/vnc53q)\n| [The 1st World Tour "CHECKMATE" in North America (Megathread)](https://www.reddit.com/r/ITZY/comments/vng6x6/itzy_the_1st_world_tour_checkmate_in_north/)\n| [The 1st World Tour "CHECKMATE" in SEA Megathread](https://redd.it/yqycl9)\n| [The 6th Mini Album "CHESHIRE" (Pre-order Guide)](https://www.reddit.com/r/ITZY/comments/ysmu3k/itzy_the_6th_mini_album_cheshire_preorder_guide/)\n\n\n\n---\n\n##Teasers\n\nDate | Title / Link | Thread\n|--|--|--\n230531 | [ITZY - The 1st World Tour in Seoul (DVD & Blu-ray Preview)](https://youtu.be/p-nVyaIFGg8) | [Thread](https://redd.it/13w7tl3)\n\n\n---\n\n##Social Media\n\n***Twitter***\n\nDate | Title / Link | Thread\n|--|--|--\n230531 | [ITZY - The 1st World Tour in Seoul (Pre-order & Packaging)](https://twitter.com/ITZYofficial/status/1663726996185309184) | [Thread](https://redd.it/13w95rf)\n230531 | [Lia & Chaeryeong - 📻 ITZY <Buddy Date> 📻 🎙 DJ & Corner Notification of the Week](https://twitter.com/ITZYofficial/status/1663832701898485760) | [Thread](https://redd.it/13wjuju)\n230602 | [Lia & Chaeryeong - ITZY <Buddy Date> - Guessing each other\'s quiz 🙋 #CHERRY](https://twitter.com/ITZYofficial/status/1664557479873896448) | [Thread](https://redd.it/13y829t)\n230602 | [Lia & Chaeryeong - Playlist of today\'s <Buddy Date> DJ #CHERRY💕](https://twitter.com/ITZYofficial/status/1664565016748515328) | [Thread](https://redd.it/13y82kx)\n230604 | [Chaeryeong - B-DAY TRACK #65 “CHAERYEONG” (Teaser)](https://twitter.com/ITZYofficial/status/1665282243252879365) | [Thread](https://redd.it/1406y2n)\n230605 | [Happy Chaeryeong Day!](https://twitter.com/ITZYofficial/status/1665372841431420929) | [Thread](https://redd.it/140gxsm)\n\n***Instagram***\n\nDate | Title / Link | Thread\n|--|--|--\n230528 | [Yuna Update](https://www.instagram.com/p/CsxjvH9SNFW) | [Thread](https://redd.it/13ts4gm)\n230530 | [Yuna Update](https://www.instagram.com/p/Cs2szfny82p/?hl=en)) | [Thread](https://redd.it/13vi9p2)\n\n\n***Misc SNS***\n\nDate | Title / Link | Thread\n|--|--|--\n230528 | [BOY STORY Douyin Update with Yeji & Ryujin - 哈?!(What’s Poppin) Challenge](https://v.redd.it/dipff9fydm2b1) | [Thread](https://redd.it/13u87zs)\n230529 | [kutv.official Instagram Update with ITZY [1]](https://www.instagram.com/p/Cs0HKDrPA3X) | [Thread](https://redd.it/13usnx3)\n230529 | [kutv.official Instagram Update with ITZY [2]](https://www.instagram.com/p/Cs0FCbqvU59) | [Thread](https://redd.it/13usnx3)\n\n\n---\n\n##Videos\n\n\n***Official Videos (kr)***\n\nDate | Title / Link | Thread\n|--|--|--\n230528 | [Lia - One Hundred Love (Romantic Doctor 3 OST Part.5)](https://youtu.be/sQlaermnufs) | [Thread](https://redd.it/13v4s7w)\n230530 | [ITZY? ITZY! EP.137](https://youtu.be/g_B35gcN1nY) | [Thread](https://redd.it/13vl311)\n230601 | [IT\'z TOUR BOOK EP.22](https://youtu.be/rhPaO_sxIpA) | [Thread](https://redd.it/13xci4o)\n230602 | [Buddy Date EP.09 (Lia & Chaeryeong)](https://youtu.be/dUW4zqgsmKU) | [Thread](https://redd.it/13y7n2f)\n230605 | [Chaeryeong - Blueming (Orig. IU)](https://youtu.be/BxZSa6rcctU) | [Thread](https://redd.it/140fmm5)\n\n---\n\n\n###Member Subs - r/Yeji - r/ChoiJisu - r/Ryujin - r/Chaeryeong - r/Yuna\n \n###Memes & Media Subs - r/itzymemes - /r/MIDZY \n\n##Subreddit Links & Info\n\n[Last weeks Recap](https://redd.it/13uk99m)\n\n[Weekly Recap Archive](https://www.reddit.com/r/ITZY/wiki/recap)\n\n[Variety Appearance Archive](https://www.reddit.com/r/ITZY/wiki/variety)\n\n[Performance Archive](https://www.reddit.com//r/ITZY/wiki/music-shows)\n\n[V LIVE Archive](https://www.reddit.com//r/ITZY/wiki/vlive)\n\n[Discography](https://www.reddit.com//r/ITZY/wiki/discography)\n\n---\n\n##[**ITZY Discord**](https://discord.gg/kxWER8p)', 'https://www.reddit.com/r/ITZY/comments/140slrn/itzy_weekly_discussion_recap_for_may_29_2023_june/', '140slrn', [['u/satomatic', 12, '2023-06-05 03:16', 'https://www.reddit.com/r/ITZY/comments/140slrn/itzy_weekly_discussion_recap_for_may_29_2023_june/jmxn6zu/', 'anyone think the next project will feature itzy writing credits? it’s long overdue and i know at least some, if not all, the members have been writing and composing when they have a free moment. \n\nitzy is at a point in time where they really deserve to be contributing to their own material and it would be a new element for the fanbase to appreciate.', '140slrn']]], ['u/SufficientDrink187', '5 Bitcoin to retire in 2025?', 94, '2023-06-05 01:15', 'https://www.reddit.com/r/Bitcoin/comments/140u4f0/5_bitcoin_to_retire_in_2025/', 'I was discussing today with a few fellow bitcoiners about the 2024/2025 possible halving outcome, and the purchasing power of bitcoin enough to retire (lean fire, nothing to fancy, just stop working and replace income with bitcoin selling each month) at 35/40.\n\nWe calculated an aproximate of 2M needed to retire living a frugal life. Giving we are pretty young, but we would ONLY sell the needed sats to survive each month, the remaining stash would appreciate over time.\n\nSome said 3 would be enough, others said 5, others said 8-10, and the most pessimistic one said 50 btc.\n\nI said 8. I think 250k is a real possibility, so 8 would give the 2M usd needed.\n\nI wanted to add a few more opinions about this. Given this conditions, how many you think would be enough to reach 2M in 2024/2025?\n\nEdit: as a Maxi, I hate still thinking in USD conversions and value, but reality hits hard here and we will still need to think in USD value for the next couple of years at least.', 'https://www.reddit.com/r/Bitcoin/comments/140u4f0/5_bitcoin_to_retire_in_2025/', '140u4f0', [['u/SocalDistortion', 90, '2023-06-05 01:32', 'https://www.reddit.com/r/Bitcoin/comments/140u4f0/5_bitcoin_to_retire_in_2025/jmxa6de/', "With each peak comes a massive 70-80% drawdown. Using your Sats to live off of on a monthly basis may be difficult during the bear market. \n\nI think if you were to try and live off Bitcoin, you'd need to sell enough at this next top to account for living expenses the next 4 years. Of course this assumes the 4 year cycle remains in-tact.\n\nThere is always the possibility of using your Bitcoin and taking out a loan against it as well. Live off the loan, pay the loan down with another loan or negotiate to extend. Hopefully there will be good competitive loan products out in a couple years.", '140u4f0'], ['u/Umpire_State_Bldg', 20, '2023-06-05 01:36', 'https://www.reddit.com/r/Bitcoin/comments/140u4f0/5_bitcoin_to_retire_in_2025/jmxaow5/', "You're:\n* thinking\n* planning\n* discussing the future in a rational way\n\nThis puts you far, far ahead of the average...", '140u4f0'], ['u/SufficientDrink187', 13, '2023-06-05 01:39', 'https://www.reddit.com/r/Bitcoin/comments/140u4f0/5_bitcoin_to_retire_in_2025/jmxb44o/', 'That’s the only why my mind works. Sadly, it usually ends in lots of suffering. \n\nbut if my calculations and speculation works like I think it will, getting out of the rat race and being free from work (my biggest goal in life and the reason I’m all in in BTC) suddenly becomes achievable, and that gives me a very dangerous sense of hope.', '140u4f0'], ['u/MMinjin', 36, '2023-06-05 02:08', 'https://www.reddit.com/r/Bitcoin/comments/140u4f0/5_bitcoin_to_retire_in_2025/jmxemaq/', "First. No way.\n\nSecond. 2M is probably too low to retire in your thirties with very uncertain inflation. If you run out of money and need to come back in your 40s/50s, good luck with age bias and no recent job experience. You really need to sock it away to retire that early. Very risky if you don't. And depending on a single asset to maintain value for the next 50 years? You've definitely taken your fill of the kool aid.\n\nedit: I see from your post history that you are Argentinian. If that's the case then the 2M figure might be fine after all but my point still stands on being very careful before you throw away your most productive years. Coming back to the work force won't be easy.", '140u4f0'], ['u/billy_bitchtits', 15, '2023-06-05 02:17', 'https://www.reddit.com/r/Bitcoin/comments/140u4f0/5_bitcoin_to_retire_in_2025/jmxfs9h/', '"I think 250k is a real possibility"\n\nwhat makes you think this?', '140u4f0'], ['u/Electrical_Catch', 14, '2023-06-05 02:23', 'https://www.reddit.com/r/Bitcoin/comments/140u4f0/5_bitcoin_to_retire_in_2025/j... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening:\nPrices:Bitcoin tumbled to $25.4K at one point after the SEC sued crypto exchange giant Binance. Will markets rebound?\nInsights:stETH\'s market cap is now the seventh largest among digital assets. What\'s behind the move and will it last?\nCoinDesk Market Index (CMI)\n1,132\n−54.3▼4.6%\nBitcoin (BTC)\n$25,752\n−1337.8▼4.9%\nEthereum (ETH)\n$1,812\n−75.9▼4.0%\nS&P 500\n4,273.79\n−8.6▼0.2%\nGold\n$1,978\n+25.7▲1.3%\nNikkei 225\n32,217.43\n+693.2▲2.2%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,132", "\\u221254.3\\u25bc4.6%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$25,752", "\\u22121337.8\\u25bc4.9%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,812", "\\u221275.9\\u25bc4.0%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,273.79", "\\u22128.6\\u25bc0.2%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,978", "+25.7\\u25b21.3%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["32,217.43", "+693.2\\u25b22.2%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nSEC lawsuit has crypto markets reeling\nThe crypto industry’s latest blow rocked digital asset prices on Monday.\nBitcoin was recently trading at about $25,750, down nearly 5% over the past 24 hours. Much of its initial downturn occurring in the two hours after the Securities and Exchange Commission(SEC) filed suit against Binance, accusing the exchange giant of violating securities laws. The largest cryptocurrency by market capitalization treaded comfortably above $27,000 for much of the past week, but the allegations against Binance rekindled fears about industry integrity and the intent of regulators to exert more control over exchanges. Binance – and other exchanges – have been facing regulatory scrutiny for years.\n“The Binance news obviously led to a big sell-off, but the news itself wasn’t exactly surprising,” Bob Ras, co-founder of Sologenic, a blockchain-powered network for tokenizing securities, told CoinDesk. “Rumors had been swirling for some time about forthcoming action against Binance.”\nBut Ras added that he wasn’t convinced “that we are going to experience massive liquidations,” similar to those following the 2022 implosions of Luna, Celsius and FTX. “Back then, we saw a great many forced sellers. I don’t think there are nearly as many forced sellers now as there were back then. I suspect that we’ll likely be in for a gradual recovery here.”\nEther also tumbles\nEther, the second largest crypto in market value, was recently changing hands below $1,800, off more than 5% from Sunday, same time. ETH andother major altcoinsfollowed a similar path as bitcoin did on Monday with the bulk of their declines coming in the immediate hours after the SEC suit. BNB, Binance’s exchange token, and SOL, the native cryptocurrency of the Solana blockchain, recently plunged more than 10%. ADA and MATIC, the tokens of smart contract platforms Cardano and Polygon respectively, and popular meme coin DOGE were recently off more than 8%. Even litecoin, which has been rallying the past few weeks, fell more than 9%. The SEC suit called those tokens unregistered securities.\nTheCoinDesk Market Index, a measure of crypto markets performance, was down more than 6%. All six sectors that compose the Index, including DeFi, computing and culture and entertainment stumbled into negative territory. The crypto Fear & Greed Index remained in neutral, where it has largely stood for much of the year.\nIndustry stocks tumble\nIn a note to CoinDesk, Joe DiPasquale, the CEO of crypto fund manager BitBull, called the SEC suit “unsurprising,” but also wrote that the exclusion of ether from the filing was “a good sign.” He added: “Unless any major developments impact Binance’s functioning, we don’t think the market is likely to lose a lot more.”\nWhile wider equity indexes, including the tech-heavy Nasdaq Composite and S&P 500, largely shrugged off the Binance hubbub, ticking down a few fractions of a percentage point,industry-focused stocks slumped. Coinbase stock fell more than 5% right after the filing was released and was off more than 9% at market close. Shares of MicroStrategy (MSTR), which holds a vast amount of bitcoin on its balance sheet, fell more than 8.5%, Bitcoin miners Riot Blockchain (RIOT), Marathon Digital (MARA) fell more than 8%, while Bitfarms (BITF) dropped more than 7.4%. Safe haven asset gold traded flat just below $1,980.\nSEC lawsuit fallout\nLawsuit fallout seemed to seep into all corners of the crypto universe. By Monday afternoon (ET), Binance had suffered more than a half-billion in net outflows, according to a Dune Analyticschartby crypto investment product provider 21Shares. Traders withdrew more than $1 billion of digital assets during this period, compared to the $546 million in deposits, per the chart. According to crypto data platform CoinGecko, the +2% depth for BTC on Binance is $2.7 million, which Charles Storry, head of growth at Phuture, a crypto index platform, told CoinDesk was "very low liquidity levels."\nIn a Telegram note to CoinDesk, Strahinja Savic, head of data and analytics at Toronto-based crypto platform FRNT Financial, noted Binance had “continued to operate relatively normally since it was charged by the CFTC” earlier this year. “US users have also long been barred from accessing Binance,” he wrote. “It’s hard to pin down an element of this story that really changes the status quo.”\nHe added: “It’s important to keep in mind that Binance’s regulatory issues do not implicate bitcoin. It’s hard to imagine any traders looking at the SEC’s allegations and thinking that anything there is damaging for the bitcoin bull thesis. However, given the extent of cross collateralization in the space, paired with exaggerated correlations, it’s not surprising to see bitcoin selling off.”\nSologenic’s Ras believes that if the U.S. central bank pauses hiking interest rates this month or later in the summer, “we would likely see a return of seriously positive momentum.”\nBut he noted pessimistically that with investors in this market “feeling jittery, it will take time to restore confidence. The SEC’s actions are pushing many crypto projects out of the United States, and from this perspective, this is clearly becoming a net negative for the U.S. economy and innovation more generally.”\nThere are no gainers in CoinDesk 20 today.\n[{"Asset": "Terra", "Ticker": "LUNA", "Returns": "\\u221216.3%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Gala", "Ticker": "GALA", "Returns": "\\u221210.2%", "DACS Sector": "Entertainment"}, {"Asset": "Decentraland", "Ticker": "MANA", "Returns": "\\u22129.0%", "DACS Sector": "Entertainment"}]\nLido’s stETH token is now the seventh largest token by market cap, right ahead of Cardano and just behind XRP, according to data from CoinGecko.\nstETH has edged out ADA because the market has grown comfortable with staking, and the market has been seeking out a staking solution that’s not going to be affected by U.S. regulatory uncertainty.\nSo far, the only unstaking parades have been from the shutdown of Kraken’s staking service – and a significant amount of that staked ether went right back into the system via stETH – and Celsius, whichmoved out of staking contracts on stETH and back into staking contractswith another provider.\nAll of this should be an endorsement of stETH, as there’s significant institutional trust in the staking mechanism behind it.As CoinDesk previously reported, surging demand for ether staking has led to a month-long wait for nearly 50,000 validators, particularly following the Shapella upgrade, which stimulated a deposit surge and an influx of new market participants, locking over 19 million ETH for staking. At the same time, analysts who have spoken with CoinDesk have continued todownplay fearsof any sort of price crash post the Shanghai upgrade – and continue to be proven right – highlighting the balance between new stakers and withdrawals, the inherent withdrawal limits and the mitigating effect of liquid staking derivatives.\nSo staking is a healthy market, and seems permanent. Lido dominates it by a long shot, controlling 28% of the market with $13.4 billion in total value locked, according to DeFi Llama data. And it\'s a competitive market too; there are 60 staking protocols with over $1 million in TVL. Lido’scloset competitor has $2.2 billion in TVL.\nThe only thing that could sink this ship is if a larger percentage of staked ether becomes profitable.Right now it’s just 31%, but we’re only one bank failure and DeFi summer away from that hitting 50%. Will there be a rush for withdrawals then?\n12:30 p.m. HKT/SGT(4:30 UTC)Australia Interest Rate Decision\n5:00 p.m. HKT/SGT(9:00 UTC)Eurozone Retail Sales (YoY/April)\n10:00 p.m. HKT/SGT(14:00 UTC)Canada Ivey Purchasing Managers Index (May)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBitcoin Hovers Under $27K; Blockchain Association Files Amicus Brief in Lawsuit Over Tornado Cash Sanctions\nBitcoin (BTC) was down almost 2% over the last 24 hours and back below $27,000, as JPMorgan releases a new report finding retail demand for bitcoin is likely to remain strong ahead of the next halving event. eToro market analyst Josh Gilbert weighed in. Plus, Blockchain Association CEO Kristin Smith joined to discuss the group\'s amicus brief filed in an ongoing lawsuit by Coin Center against the Treasury Department and its sanctions watchdog. Plus, a look at the inaugural Consensus @ Consensus report.\nBinance Withdrawal On Track to be Largest Since March Crypto Banking Crisis:Blockchain data shows that the exchange endured some $503 million in net outflows on Monday amid SEC charges.\nThe Lightning Network Doesn’t Fix Everything Wrong With Bitcoin:And that’s okay.\nSEC Sues Crypto Exchange Binance and CEO Changpeng Zhao, Alleging Multiple Securities Violations:The **Last 60 Days of Bitcoin's Closing Prices:** [27925.86, 27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-06 **Financial & Commodity Data:** - Gold Closing Price: $1965.50 - Crude Oil Closing Price: $71.74 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $500,622,323,269 - Hash Rate: 384577792.6788321 - Transaction Count: 462072.0 - Unique Addresses: 763100.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.44 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Join the most important conversation in crypto and web3! Secure your seat today Bitcoin financial services firmOnramphas launched a spot bitcoin (BTC) trust for high-net-worth investors that takes advantage of the cryptocurrency’s multisignature (multisig) capability to enable what Onramp calls multi-party custody – where a group of separate custodians each hold a private key in a multisig arrangement. Onramp has recruitedqualified custodianKingdom Trust and bitcoin financial services firm Unchained Capital to create a 2-of-3 multisig model, meaning two of those three entities will need to sign a transaction in order to move client funds. The goal is to give clients direct exposure to bitcoin without the hassle of self-custody or the risk of trusting a single custodian. Each unit of the trust will be equivalent to one BTC and clients will be able to process in-kind redemptions, where they redeem the underlying asset (bitcoin) without triggering a taxable event. Bitcoin exchange-traded funds (ETF) in the U.S. are currently not allowed to hold bitcoin directly and typically hold bitcoin futures contracts instead. Other investment funds such as the $18.7 billion Grayscale bitcoin trust (GBTC) – the world’s largest bitcoin investment fund – do hold BTC but don’t allow in-kind redemptions. Grayscale, a CoinDesk sister company, ceased redemptions in 2014, citing compliance with Securities and Exchange Commission regulations, although some, including Onramp and hedge funds such asFir Tree Capital Management, argue Grayscale's stopping redemptions was self-imposed. “GBTC did do redemptions,” Michael Tanguma, CEO and co-founder of Onramp told CoinDesk. “They stopped doing them back in 2014/2015 as they wanted to accumulate AUM [assets under management].” The inability to redeem has been a source of disgruntlement for institutional investors like Fir Tree, which has sued GBTC over the matter. Tanguma says Onramp’s in-kind redemptions (which can be processed after an initial 12-month lockup period) and multi-party custody arrangement sets it apart from Grayscale and offers a new model for bitcoin custody. “It's essentially the product GBTC should have been,” Michael Tanguma, CEO and co-founder of Onramp told CoinDesk. “And I believe it will be the future of how bitcoin is custodied.” When asked whether Onramp would need Securities and Exchange Commission approval to start the redemptions, and if so why the regulator would approve the plan, Tanguma responded: "It does not require formal approval because bitcoin is a commodity as per the [Commodity Futures Trading Commission], not a security. With that, Onramp does plan to work with securities lawyers to get opinion letters in place to reduce the 12-month lock-up period for redemptions, and will work with all regulators to make sure Onramp stays compliant in all jurisdictions where it offers its services."... - Reddit Posts (Sample): [['u/SlurpinYJ', 'I was able to make $300 in a few hours with little experience. Is this normal or did I just get lucky?', 40, '2023-06-06 02:33', 'https://www.reddit.com/r/Daytrading/comments/141xp5f/i_was_able_to_make_300_in_a_few_hours_with_little/', 'I’ve been really spending some time learning about trading, I decided to finally give it a try, I was trading with 1 Bitcoin to U.S Dollar. I was able to make $300 very quickly. I guess I’m just doing something right? \n\nI was using basic support and resistance and market structure. \n\nI think I’ll quit my job lol', 'https://i.redd.it/xftqbum2ma4b1.jpg', '141xp5f', [['u/RandomMovingAverage', 107, '2023-06-06 02:49', 'https://www.reddit.com/r/Daytrading/comments/141xp5f/i_was_able_to_make_300_in_a_few_hours_with_little/jn27o8u/', 'If you need to ask if you are lucky then the truth is you were lucky. Do this consistently every day the market is open for the next year before you should even consider quiting your job.', '141xp5f'], ['u/KingKerie', 38, '2023-06-06 02:58', 'https://www.reddit.com/r/Daytrading/comments/141xp5f/i_was_able_to_make_300_in_a_few_hours_with_little/jn28ukz/', 'Not uncommon at all with beginners. Being able to sustain it is the issue. If you know how you got those winning trades then you should be able to replicate it.', '141xp5f'], ['u/SlurpinYJ', 13, '2023-06-06 03:26', 'https://www.reddit.com/r/Daytrading/comments/141xp5f/i_was_able_to_make_300_in_a_few_hours_with_little/jn2cgrh/', 'I basically just use the 30 min 15 min 5 min and 1 min charts to determine the overall direction of the price and find support and resistance, then I zoom in to find what I think is a good entry point.', '141xp5f'], ['u/john8a7a', 16, '2023-06-06 06:50', 'https://www.reddit.com/r/Daytrading/comments/141xp5f/i_was_able_to_make_300_in_a_few_hours_with_little/jn2zp0v/', "you actually might have a certain skill as well. Your strategy is not some random bullshit , which is good. Report back after 500 trades. \n\nI would just give you one advice , never trade if you don't see a great set up . I use to trade when I was just bored and that was the main reason I kept losing money . If there is nothing to trade, even for 2-3 days,,,just don't trade average looking set ups and you might just make it as a trader", '141xp5f'], ['u/tentenwind', 24, '2023-06-06 07:45', 'https://www.reddit.com/r/Daytrading/comments/141xp5f/i_was_able_to_make_300_in_a_few_hours_with_little/jn34fkj/', 'Does your username stand for Slurpin Your Jizz?', '141xp5f'], ['u/SP-Marshmallo', 10, '2023-06-06 10:33', 'https://www.reddit.com/r/Daytrading/comments/141xp5f/i_was_able_to_make_300_in_a_few_hours_with_little/jn3h1n7/', 'In the beginning ppl don’t have that much of emotion invested. Wait till greed or fear kicks into overdrive. That’s when you will know OP.', '141xp5f'], ['u/VCRdrift', 16, '2023-06-06 12:08', 'https://www.reddit.com/r/Daytrading/comments/141xp5f/i_was_able_to_make_300_in_a_few_hours_with_little/jn3nquf/', 'Normal. First one is free. Welcome to the casino.', '141xp5f']]], ['u/formidable-opponent', 'How much money (USD) would you have to spend to be a cone millionaire?', 21, '2023-06-06 05:32', 'https://www.reddit.com/r/ConeHeads/comments/1422930/how_much_money_usd_would_you_have_to_spend_to_be/', 'I tried to look it up but just got results for bitcoin.', 'https://www.reddit.com/r/ConeHeads/comments/1422930/how_much_money_usd_would_you_have_to_spend_to_be/', '1422930', [['u/GuyOne', 13, '2023-06-06 05:36', 'https://www.reddit.com/r/ConeHeads/comments/1422930/how_much_money_usd_would_you_have_to_spend_to_be/jn2sbgg/', 'A million cones is like $2.67 rn', '1422930']]], ['u/AutoModerator', '[Daily Discussion] - Tuesday, June 06, 2023', 29, '2023-06-06 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡**Tip Fellow Redditors over the Lightning Network**⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\n**Other ways to interact:**\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/', '1422w33', [['u/anon-187101', 12, '2023-06-06 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn2vbht/', 'Gonna be a big week.', '1422w33'], ['u/cryptojimmy8', 12, '2023-06-06 07:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn331fv/', 'The good thing about SEC suing every exchange out there is that there is soon no one left to sue😎think all of this eventually will be forgotten but still not counting on any good action this year. Been away from crypto for about a month now and it feels good. Will check in again in yet another month or so. Hope you guys are doing well', '1422w33'], ['u/Downtown-Ad-4117', 12, '2023-06-06 09:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn3apu9/', 'Nothing will happen to Binance. It’s just a slap on the wrist.', '1422w33'], ['u/DamonAndTheSea', 18, '2023-06-06 10:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn3g8co/', 'Binance does operate in the US under the url Binance.us. The US site represents a small portion of their total volume. The SEC can go after anyone operating on US soil; they can also go after exchanges that operate in different countries but offer services to US citizens. \n\nBinance.com, years ago, used to be available to US citizens (even as operated out of China), they then geo-locked the site (you just needed a VPN) and then not long ago they forced KYC for all customers meaning US residents could no longer use Binance.com even via VPN. \n\nThe US has been systematically putting pressure on US crypto exchanges for the last 18 months and failing to provide regulatory clarity. Some speculate incompetence and bureaucratic morass and others speculate this is a move to choke out fiat on-ramp/off-ramps as CBDCs are scheduled to roll out.', '1422w33'], ['u/NervousNorbert', 13, '2023-06-06 14:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn3zllb/', 'The SEC sues Coinbase, according to the usually reputable @tier10k: https://twitter.com/tier10k/status/1666054916526460929', '1422w33'], ['u/imissusenet', 16, '2023-06-06 14:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn3zqxc/', 'Point and Figure chart:\n\n[https://stockcharts.com/freecharts/pnf.php?c=%24BTCUSD,PGPBDEYRNR\\[PA\\]\\[D\\]\\[F1!3!1.0!!0!20\\]](https://stockcharts.com/freecharts/pnf.php?c=%24BTCUSD,PGPBDEYRNR[PA][D][F1!3!1.0!!0!20])\n\nI don\'t know what BTC price data this uses, but the chart I maintain using Coinbase prices has 2 more columns since the uptrend line was broken, an 8-box low pole warning. A 50% retrace would go back to $26.5K.\n\nWhile I hope that u/wardser is overly pesimistic, hope is not a strategy. Here is the price after that last 3 cycle tops, nomralized to Nov 2021 prices:\n\n[https://imgur.com/a/5znlj4E](https://imgur.com/a/5znlj4E)\n\nThe price could go to $13K for the next 4 months and still be within the range of the previous cycles. Speaking of $13K, I think it would be really, really great if BTC was higher than it was 4 years ago. 26 Jun 2019 BTC was $13K.\n\nAnd finally, on 12 Jun 2022 BTC was $26.5K and the following quote appeared on the daily:\n\n"We\'re going to be 20x here within 24 months."\n\nGood times.', '1422w33'], ['u/dopeboyrico', 12, '2023-06-06 14:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn4481d/', 'Interesting how the SEC never explicitly stated #2 is a security (it is) in the lawsuit against Binance or Coinbase but they did explicitly state offering staking services of #2 does qualify as a security in the lawsuit against Coinbase.\n\nPotentially more pain ahead as this all plays out but whenever the altcoin delisting exodus occurs on Binance and Coinbase, BTC as well as any other remaining altcoins which aren’t deemed to be unregistered securities should rally pretty hard on the news.', '1422w33'], ['u/gozunker', 10, '2023-06-06 15:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn46add/', 'I think one reason we haven’t dropped a ton on this Coinbase news is that people are selling their alts for BTC on the “these altcoins are securities” news, creating demand for BTC to counteract the sell off. I think it’s less a case of “look how resilient Bitcoin is” and more of “fleeing the small boats for the closest big boat during the storm”. Not sure what that means for price action later this week or next once the alt sell off has wrapped up a bit. I’m feeling a bit pessimistic short-term, laddering my weekly money for some down action.', '1422w33'], ['u/NLNico', 10, '2023-06-06 15:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn46scb/', 'Yesterday\'s and today\'s news is arguably good for coin 2. Previously there was doubt if the SEC considered it a security, but now there are 2 cases where they specifically mention a list of coins bu... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin recovered to above US$27,000 on Wednesday morning in Asia, with nearly all other top 10 non-stablecoin cryptocurrencies rebounding even as U.S. regulators this week launched a series oflawsuitsagainst Binance and Coinbase, two of the world’s biggest crypto exchanges, alleging most tokens are unregistered securities. Polygon’s Matic token was the exception, dipping 1.7% in the past 24 hours.\nBitcoin rose 5.36% over the last 24 hours to US$27,118 at 6:50 a.m. in Hong Kong, bouncing back to the same price range before the U.S. Securities and Exchange Commission (SEC) filed the lawsuits this week. The world’s largest crypto by market capitalization was still down 2.32% over the past seven days, according todatafrom CoinMarketCap.\nEther climbed 4.01% in the past 24 hours to US$1,881, but logged a 1.32% weekly loss.\nThe meme coin Dogecoin led the winners this morning with a gain of 6.43%, edging out Bitcoin for the top spot. Polygon’s Matic missed out on the rebound, sliding 1.7% in the last 24 hours, and lost 9.39% over the past week.\nNick Ruck, chief operating officer of non-fungible token (NFT) intellectual property licensing firm ContentFi, toldForkastthat while the flurry of lawsuits by SEC chair Gary Gensler hit hard, the crypto market has largely held steady.\n“The initial panic quickly wore off as many traders not only expected the lawsuits, but apparently dismissed them entirely,” Ruck said. “A lawsuit may work against the SEC’s expectations when these cases are determined by court judges rather than Gary Gensler’s opinion.”\nWhile prices came back among leading tokens, Jeff Mei, the chief operating officer of the BTSE crypto exchange in the British Virgin Islands, said “we’ve seen something of a bloodbath for altcoins.”\nHe said this is likely due to the SEC lawsuits naming a “basket of altcoins as securities, while not categorizing BTC and ETH in the same class.”\nThis creates volatility opportunities for savvy investors, but requires care to navigate, he added.\nOn Tuesday, just a day after the SEC sued Binance for alleged securities violations, the same regulator filed suit against Coinbase, the largest crypto exchange in the U.S., for allegedly breaching securities rules.\nThe SEC alleges San Francisco-based Coinbase made billions of dollars unlawfully facilitating the buying and selling of crypto asset securities since at least 2019, according to itsstatementreleased Tuesday.\nSEC Chair Gary GenslertweetedTuesday that Coinbase’s alleged failures “deprive investors of critical protections, including rulebooks that prevent fraud and manipulation, proper disclosure, safeguards against conflicts of interest, and routine inspection by the SEC.”\nIn a related development showing coordination among financial regulators across the U.S., the Alabama Securities Commission on Tuesday filed a so-calledshow cause orderto Coinbase, backed by regulators in many other states.\n“The Order gives Coinbase 28 days to show cause why they should not be directed to cease and desist from selling unregistered securities in Alabama,” according to the notice. It adds that nine other state regulators, including California where Coinbase is based, were part of a multi-state task force involved in the order.\nIn response, Brian Armstrong, chief executive officer of Coinbase,tweetedthat the company was “proud to represent the industry in court to finally get some clarity around crypto rules.”\nArmstrong noted that the SEC reviewed Coinbase’s business and approved it to sell shares to the public in 2021. He added that the SEC and the Commodity Futures Trading Commission have made conflicting statements on crypto assets don’t agree on what is a security and what is a commodity.\nCoinbase hadarguedback in April that the SEC’s attacks against Coinbase appeared to be undermining its own role as the approver of companies registering to sell shares to the public.\nCoinbase shares dropped 12.09% at the close of U.S. trading on Tuesday, but rose 2.48% in after-hours trading.\nIn an additional action against Binance, the SEC on Tuesdayaskeda federal judge to freeze the assets of Binance.US, the crypto trading platform set up by Binance chief Changpeng Zhao to serve U.S. clients.\nIn response, Binance.UStweetedon Tuesday that user assets “remain safe and secure” and “the platform continues to be fully operational with deposits and withdrawals functioning as normal.”\nDenys Peleshok, head of Asia at London-based multi-asset brokerage CPT Markets, said: “The SEC has had a very aggressive approach toward crypto companies for some time now and could be increasingly creating an unwelcoming environment for such firms and for the crypto industry as a whole in the country.”\nRepublican Senator Cynthia Lummis followed up on this theme in criticism of the SEC actions in atweeton Tuesday.\n“Real consumer protection requires creating a robust legal framework that exchanges can comply with, not pushing the industry offshore into the shadows.”\n“Tech start-ups are encouraged to ‘run fast and break things’ and to ‘ask for forgiveness, not permission,’ however when the sector the start-up is operating in is finance and investments, there can be real consequences to this approach,” said Bradley Duke, founder and Co-CEO atETC Groupthat specializes in exchange traded crypto products.\n“This is especially true in the US, where there is an absence of a regulatory framework for crypto, coupled with a regulator that has taken a very aggressive stance towards companies operating in the space,” Duke said in email comments.\nNot everyone in the blockchain world agrees that the SEC is out of order.\n“What we’ve seen with crypto exchanges is they have created a market where they act as the Exchange, Broker Dealer, Depository, the Transfer Agent, and even as the Regulator in some cases,” said Jai Waterman, the chief executive officer of U.S.-basedBlockstation.\n“In this case, Binance operates as all of the above. It is no surprise to us that regulatory action would be taken, and that the SEC is going after Binance and Coinbase, we expected it to happen sooner,” said Waterman at Blockstation, which describes itself as a blockchain-driven platform for tokenizing, listing, trading, clearing and settlement of digital assets and securities.\n“A lot of what’s listed on Binance and Coinbase, I would argue, are securities and whereas in the traditional securities market you have decentralization of duties, crypto exchanges are adding significant risks by playing all parts,” he said.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the NFT market, theForkast 500 NFT indexedged down 0.08% to 3,284.07 in the 24 hours to 9:40 a.m. in Hong Kong.\nNFT sales on Ethereum rose 22.81% over the last 24 hours to US$30.06 million, and sales on the Bitcoin network jumped 159.38% to US$8.5 million, according to CryptoSlamdata.\n“NFT traders are rather bullish still on the space in the short term, though watching carefully,” Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News, said on Wednesday.\nPetscher added that NFTs generally trade in cycles between art and profile picture (PFP) NFTs. “Though, with news about the SEC filing lawsuits against Coinbase and Binance, all bets are off.”\nThe NFT market saw a large art sale on Tuesday. Digital artist Tyler Hobbs’ Fidenza #545 wassoldfor around US$1.1 million in a reserved sale, according to NFT marketplace OpenSea.\n“High art sales are an indicator that NFTs may be primed for some action, but the SEC trying to freeze Binance’s U.S. assets and potentially Coinbase’s does have people considering what their best moves are,” Petscher added.\nRuck of Singapore-based ContentFi said that Binance is “placing bets on their involvement in the future of the NFT industry,” as the world’s largest crypto exchangelaunchedsupport for Bitcoin NFTs on Tuesday even after being sued by the SEC.\nBored Ape Yacht Club had the biggest sales in the past 24 hours with a 1.36% rise to US$14.27 million.\nUncategorizedOrdinals– recently popular Bitcoin Ordinals that are not part of an established collection – recorded a 5.11% increase to US$6.49 million in sales over the past 24 hours.\nShares of Coinbase dropped 12.09% at the close on Tuesday following a 9.05% fall on Monday, while shares of Microstrategy, the world’slargestcorporate holder of Bitcoin, rose 8.13% on Tuesday, recovering from its 8.53% decline on Monday.\nMei at BTSE said the sharp difference in stock performance shows the outsize impact of the SEC’s actions on market sentiment for altcoins as opposed to Bitcoin.\nThe S&P 500 closed up 12.02% on Tuesday, reaching its highest level since August 2022.\nU.S. stock futures were mixed as of 11:50 a.m. in Hong Kong. Dow Jones Industrial Average futures edged up 0.02%, and S&P 500 futures gained 0.08%. Nasdaq Futures fell 0.03%.\nIn macroeconomic developments, the U.S. Federal Reserve will meet on June 14 to make its next move on interest rates, which are now between 5% and 5.25%, the highest since 2006.\nThe CME FedWatch Tool nowpredictsa 80.6% chance the Fed will leave rates unchanged in June, and a 19.4% chance for another 25-basis-point rate hike.\n(Corrects Different View section to show Blockstation in based in U.S., not Canada.)', 'Bitcoin recovered to above US$27,000 on Wednesday morning in Asia, with nearly all other top 10 non-stablecoin cryptocurrencies rebounding even as U.S. regulators this week launched a series oflawsuitsagainst Binance and Coinbase, two of the world’s biggest crypto exchanges, alleging most tokens are unregistered securities. Polygon’s Matic token was the exception, dipping 1.7% in the past 24 hours.\nBitcoin rose 5.36% over the last 24 hours to US$27,118 at 6:50 a.m. in Hong Kong, bouncing back to the same price range before the U.S. Securities and Exchange **Last 60 Days of Bitcoin's Closing Prices:** [27947.79, 28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-07 **Financial & Commodity Data:** - Gold Closing Price: $1942.70 - Crude Oil Closing Price: $72.53 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $525,506,339,594 - Hash Rate: 343827827.89167106 - Transaction Count: 433781.0 - Unique Addresses: 734954.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.53 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Binancetrading volumes and liquidity have been steadily declining in the first quarter of 2023 amid the spate of U.S. banking failures and after ending its zero-fee promotion. The result? It’s led to even more chop for the price of Bitcoin, Kaiko analyst Dessislava Aubert toldDecrypt. Aubert said that "Overall, Bitcoin liquidity on Binance has more than halved relative to the start of February from around $45 million to $16 million in early May." The primary reason for the decline in liquidity was the removal of Binance’s 10-month zero-fee promotion for 13 different BTC pairs, which also caused market makers to leave the platform. Specifically, monthly trading volumes for the exchange’s most-traded pair, BTC-USDT, volume fell from $16 billion in March to $2 billion in April, said the Kaiko analyst. Aubert added that the drying liquidity “has been more pronounced” after the spate of banking failures earlier this year. The collapse of two key on-ramps for the industry inSilvergateandSilicon Valley Bankalso hit specific firms, including Ripple, Circle, Yuga Labs, and many others. The 1% market depth, a measure of liquidity calculated using the bids and asks within 1% of the mid-price, on Binance declined significantly after the banking failures. The result of reduced liquidity and volumes on Binance has been increased volatility. Kaiko’s intraday volatility metric for the 10-minute interval surged considerably around the time liquidity began dropping on Binance. Low-liquidity conditions mean thin order books on exchanges which provide room for wild price swings from large orders. “We have seen this with BTC's recent sudden price move which did not have a clear catalyst,” said Aubert. “Volatility is unlikely to go away especially after some larger market makers (Jane Street and Jump Crypto) revealed they were reducing down their crypto exposure.” Bitcoin Liquidity Hits 10-Month Low Amid US Banking Crisis Notably, Bitcoin’s price dropped this week despite favorable conditions such as a positiveCPI reportand market expectations largely inclined toward an interest rate cut in the future by the U.S. Federal Reserve. A low-interest rate environment enables cheaper debt in the economy which fuels a rise in speculative assets like Bitcoin. However, the asset failed to stage an uptrend likely due to poor liquidity.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening: Prices: Bitcoin retreats below $26.5K amid a wider crypto decline as Binance, Coinbase-related fears linger. Insights: The decline in bitcoin and ether prices since 2022 mirrors the decrease in stablecoin balances over the same period. Prices CoinDesk Market Index (CMI) 1,148 −31.8 ▼ 2.7% Bitcoin (BTC) $26,364 −880.1 ▼ 3.2% Ethereum (ETH) $1,834 −51.1 ▼ 2.7% S&P 500 4,267.52 −16.3 ▼ 0.4% Gold $1,959 −6.3 ▼ 0.3% Nikkei 225 31,913.74 −593.0 ▼ 1.8% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,148 −31.8 ▼ 2.7% Bitcoin (BTC) $26,364 −880.1 ▼ 3.2% Ethereum (ETH) $1,834 −51.1 ▼ 2.7% S&P 500 4,267.52 −16.3 ▼ 0.4% Gold $1,959 −6.3 ▼ 0.3% Nikkei 225 31,913.74 −593.0 ▼ 1.8% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) A Bitcoin Retreat Bitcoin returned to its downtrodden ways on Wednesday amid a wider crypto decline that swept up altcoins mentioned and unmentioned in the Securities and Exchange (SEC) lawsuits against Binance and Coinbase earlier this week. The largest cryptocurrency by market capitalization was recently trading at $26,364, off 3.2% over the past 24 hours. BTC had soared above $27,200 on Tuesday as investors seemed to already price in the latest regulatory body blows against an industry already reeling from assorted debacles. Bitcoin and ether, along with Tether’s USDT stablecoin, traded at large premiums on Binance.US , a sign that investors were exiting the platform. In an email to CoinDesk, Ruslan Lienkha, chief of markets at Web3 crypto and fiat service provider YouHodler, wrote that the firm was expecting continued higher volatility for "days or even weeks" as a result of the SEC suits. But he added: that "in general, the market seems in better shape and better prepared for possible outcomes. Undoubtedly, crypto market participants are doing a better job at managing risks than they did two to three years ago." Story continues ETH fared somewhat better than BTC to recently trade at $1,834, off 2.7% from Tuesday same time. CoinDesk Indices‘ Ether Trend Indicator (ETI) moved into “significant uptrend" territory, an improvement over its reading a day prior. The ETI, which gauges price momentum, suggested that "recent bullish price action is outpacing previous price moves," CoinDesk analyst Glenn Williams wrote in a column. Still, SEC fallout was fierce on Wednesday. BNB , the Binance Smart Chain’s native token, recently dropped 7.6% from Tuesday, same time, and at one point earlier in the day sank to about $252, its lowest price since early January, according to CoinDesk data. Cardano’s ADA , Polygon’s MATIC and Solana’s SOL , all top 10 tokens by market capitalization that were noted in the SEC filing, recently took a dive between 6% and 9%. The CoinDesk Market Index , a measure of crypto markets performance, was recently down 3.1%. Equity indexes closed mixed with the Dow Jones Industrial Average (DJIA) ticking up a few notches but the Nasdaq Composite and S&P 500 falling 1.3% and 0.4%, respectively, just a day after reaching 2023 highs as investors fretted about the Bank of Canada\'s unexpected interest rate hike. The decision offered the latest evidence that central banks remain anxious about inflation and that the monetary hawkishness that has hamstrung asset markets over the past year may continue. Read more: Funding Rates for Bitcoin, Ether Remain Positive, Indicating Bullish Sentiment In an note, Edward Moya, senior market analyst for foreign exchange market maker Oanda, noted that Canada’s central bank was among the most proactive about monetary policy. "They were the first to raise rates in 2022 and then put them on hold earlier this year," Moya wrote. "The BOC is signaling that more rate hikes could come and that has everyone rethinking that the Fed will be done after the July hike." -JR Biggest Gainers There are no gainers in CoinDesk 20 today. Biggest Losers Asset Ticker Returns DACS Sector Decentraland MANA −9.0% Entertainment Solana SOL −8.8% Smart Contract Platform Cardano ADA −8.7% Smart Contract Platform Insights What Do Current Stablecoin Balances Mean? While the financial community eyes jobs data, inflation figures and the Securities Exchange Commission (SEC) impacts, one straightforward factor my give more insight into where the price of bitcoin is headed next. (Glassnode) As a primary vehicle for buying crypto assets, the amount of stablecoins on exchanges can serve as a precursor to buying demand. While some notable exchanges offer a “fiat onramp,” meaning the exchange of U.S. dollars directly for crypto, some investors acquire crypto assets via the exchange of stablecoins like USDC and USDT for crypto. Per on-chain data firm Glassnode , the amount of stablecoins held on exchange addresses has declined from 32 billion to 19 billion between January 2022 and June 2023. The price for both BTC and ETH are down 45% and 50% respectively over that time frame. Increases in the stablecoin exchange balance during the remainder of 2023 will be a likely indication that buying demand is increasing. -GW This article was written and edited by CoinDesk journalists with the sole purpose of informing the reader with accurate information. If you click on a link from Glassnode, CoinDesk may earn a commission. For more, see our Ethics Policy . Important events. The Non Fungible Conference (Portugal) Brussels Blockchain Week (Belgium) BTC Prague Conference CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Crypto Markets Bounce Back After SEC Action Against Coinbase, Binance Bitcoin (BTC) bounced back after tumbling to a three-month low of less than $25,000 on Tuesday following news that Coinbase (COIN) had been sued by the SEC on allegations of violating federal securities law. This followed a similar suit against Binance on Monday. Arca Chief Investment Officer Jeff Dorman weighed in. Plus, Solidus Labs Vice President of Regulatory Affairs Kathy Kraninger discussed how regulatory action is impacting consumers. And, CoinDesk Managing Editor Nikhilesh De broke down the latest developments as SEC seeks a temporary restraining order to freeze assets tied to Binance.US on Tuesday. Headlines Coinbase CEO Armstrong Says Not Shutting Down Staking Service : The country’s largest exchange will continue to offer staking services despite facing lawsuits over the service from federal and state regulators. BNB Drops to 6-Month Low as ADA, MATIC, SOL Lead Altcoin Tumble : Cryptocurrencies the SEC characterized as securities in recent lawsuits led the drop among altcoins, while BTC traded mostly flat. The Petrodollar and Its Discontents Point to Bitcoin\'s Role in the Financial Future : Recent moves by Saudi Arabia, Russia and China have raised fears that the U.S. dollar could lose its preferred status for oil trading. And yet alternative national currencies aren’t that appealing. Could a bitcoin-like currency do better? Aave Lending Protocol Moves Closer to Launching GHO Stablecoin on Ethereum Mainnet : The developer proposed two key features for the decentralized stablecoin in a governance post on Tuesday. Stablecoin Issuer Circle Receives Digital Token License in Singapore : The issuer of USDC received in-principle approval in November last year.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin retreats below $26.5K amid a wider crypto decline as Binance, Coinbase-related fears linger.\nInsights:The decline in bitcoin and ether prices since 2022 mirrors the decrease in stablecoin balances over the same period.\nCoinDesk Market Index (CMI)\n1,148\n−31.8▼2.7%\nBitcoin (BTC)\n$26,364\n−880.1▼3.2%\nEthereum (ETH)\n$1,834\n−51.1▼2.7%\nS&P 500\n4,267.52\n−16.3▼0.4%\nGold\n$1,959\n−6.3▼0.3%\nNikkei 225\n31,913.74\n−593.0▼1.8%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,148", "\\u221231.8\\u25bc2.7%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$26,364", "\\u2212880.1\\u25bc3.2%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,834", "\\u221251.1\\u25bc2.7%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,267.52", "\\u221216.3\\u25bc0.4%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,959", "\\u22126.3\\u25bc0.3%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["31,913.74", "\\u2212593.0\\u25bc1.8%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nA Bitcoin Retreat\nBitcoin returned to its downtrodden ways on Wednesday amid a wider crypto decline that swept up altcoins mentioned and unmentioned in the Securities and Exchange (SEC) lawsuits against Binance and Coinbase earlier this week.\nThe largest cryptocurrency by market capitalization was recently trading at $26,364, off 3.2% over the past 24 hours. BTC had soared above $27,200 on Tuesday as investors seemed to already price in the latest regulatory body blows against an industry already reeling from assorted debacles. Bitcoin and ether, along with Tether’sUSDTstablecoin, traded at large premiums onBinance.US, a sign that investors were exiting the platform.\nIn an email to CoinDesk, Ruslan Lienkha, chief of markets at Web3 crypto and fiat service provider YouHodler, wrote that the firm was expecting continued higher volatility for "days or even weeks" as a result of the SEC suits.\nBut he added: that "in general, the market seems in better shape and better prepared for possible outcomes. Undoubtedly, crypto market participants are doing a better job at managing risks than they did two to three years ago."\nETH fared somewhat better than BTC to recently trade at $1,834, off 2.7% from Tuesday same time. CoinDesk Indices‘ Ether Trend Indicator (ETI) moved into “significant uptrend" territory, an improvement over its reading a day prior. The ETI, which gauges price momentum, suggested that "recent bullish price action is outpacing previous price moves," CoinDesk analyst Glenn Williams wrote **Last 60 Days of Bitcoin's Closing Prices:** [28333.05, 29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-08 **Financial & Commodity Data:** - Gold Closing Price: $1963.60 - Crude Oil Closing Price: $71.29 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $514,297,866,062 - Hash Rate: 392218411.0764248 - Transaction Count: 407006.0 - Unique Addresses: 682296.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.50 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The total crypto market capitalization plummeted 3.6% overnight, per CoinGecko data, as the United States Securities and Exchange Commission (SEC) filed a fresh lawsuit against Binance . The lawsuit alleges that Binance and its CEO Changpeng Zhao failed to block U.S. users from accessing Binance.com, conducting the unregistered offer and sale of crypto, and operating as an unregistered exchange, broker, and clearing house. “We allege that Zhao and the Binance entities not only knew the rules of the road, but they also consciously chose to evade them and put their customers and investors at risk—all in an effort to maximize their own profits,” wrote Gurbir S. Grewal, Director of the SEC’s Division of Enforcement, in a press release on Monday. Given Binance's size, hosting billions in traders across tens of millions of monthly users, the markets have sunk in reaction to the news. Bitcoin (BTC) and Ethereum (ETH) lost 4.2% and 3.1%, respectively. They last traded at $25,694 and $1,815. Altcoins, or cryptocurrencies other than Bitcoin, posted larger losses ranging between 5% and 15% over the same period. PepeCoin ( PEPE ), the popular frog-themed meme coin , led the daily market’s losses with a 14.9% decline since Monday. Dogecoin (DOGE), the only other meme coin in the list, lost 7%. PEPE Coin Enters Market’s Top 100 Cryptocurrencies, Soaring 111% Overnight The list of top ten losers beyond PepeCoin included The Sandbox ( SAND ), Sui ( SUI ), Conflux ( CFX ), Decentraland ( MANA ), Trust Wallet ( TWT ), Terra Luna Classic ( LUNC ), Fantom ( FTM ), Aptos ( APT ), Immutable ( IMX ), and Axie Infinity ( AXS ). Among these, Trust Wallet is Binance-owned . The three metaverse tokens in SAND, MANA, and AXS were listed by the SEC as unregistered securities in the lawsuit against Binance. Other cryptocurrencies that the SEC regarded as unregistered securities include Solana ( SOL ), Cardano ( ADA ), Polygon ( MATIC ), Coti ( COTI ) and Algorand blockchains ( ALGO ), Filecoin network ( FIL ), and Cosmos hub ( ATOM ). These tokens suffered losses between 6% to 8% in the last 24 hours. Story continues The total market capitalization of Tether’s USDT increased by $12 billion. Together with relatively fewer losses in the majors such as Bitcoin and Ethereum and an increased supply of USDT, the trend indicates a strong risk-off move away from high-risk altcoins. The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.... - Reddit Posts (Sample): [['u/BurlBukowski', 'Between Hope and Fear', 22, '2023-06-08 00:03', 'https://www.reddit.com/r/Hedera/comments/143qid7/between_hope_and_fear/', 'Well friends, I suppose we might see some serious shit. If ever there was a time to rally the troops, or as Sam Jackson might say “HODL onto your butts and HBARs”\n\nA friend told me about 10 years ago to buy some Bitcoin. I did not. I own a bunch of HBAR though and if we keep heading under .05 I am going to get more, because I could be wrong, but I think once the dust settles…(this is not financial advice)', 'https://www.reddit.com/r/Hedera/comments/143qid7/between_hope_and_fear/', '143qid7', [['u/Interesting-Worry756', 10, '2023-06-08 00:21', 'https://www.reddit.com/r/Hedera/comments/143qid7/between_hope_and_fear/jnbfwnh/', '>but I think once the dust settles…\n\n![gif](giphy|b85mPT4Usz7fq)', '143qid7']]], ['u/Great-Ad2861', 'Jason and Jessica at it again. Calling me threatening me AGAIN. From a texting app.', 37, '2023-06-08 01:37', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/', 'Threatening to post videos of me doing this and that. Don’t talk about be about it. Post that shit bitch. You fuckn rat. Ride or die. Btch ride this BLEEP… edited for Reddit', 'https://i.redd.it/7af9mgwvlo4b1.jpg', '143stni', [['u/G_Ram3', 10, '2023-06-08 02:15', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jnbvvjz/', 'As much as I want to be 12 years old and prank them, I won’t. But some people just might. I just don’t want you to get any shit for all of us seeing that phone number!!', '143stni'], ['u/G_Ram3', 14, '2023-06-08 02:19', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jnbwb5d/', 'Okay, you’re probably right. Jess LOVES deleting shit. It’s another super power…deleting methed out mistakes.', '143stni'], ['u/LittleTT8219', 13, '2023-06-08 02:22', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jnbwtds/', 'They need to move the fuck on lol she says she’s being honest and there’s a small group of very loud people that are harassing her and all the bullshit she’s spewing why not leave the person alone who’s exposing all your secrets. That sure as fuck would be the last person I’d keep poking and prodding and pushing. But when on drugs and not mentally in a good place you might think threatening someone who’s not afraid is a good idea 💡💡', '143stni'], ['u/LittleTT8219', 10, '2023-06-08 02:32', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jnby5z8/', 'Get off the drugs and they’d both be able to get off trying to defend themselves and threaten people that are exposing to people who supported her that she’s a complete fraudulent bitch lol', '143stni'], ['u/Great-Ad2861', 13, '2023-06-08 02:44', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jnbzqn8/', 'I made a 2 hour long video with her today. It should be up tomorrow. Wait til you hear this shit', '143stni'], ['u/Thatcherrycupcake', 12, '2023-06-08 03:49', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jnc8uq8/', 'Don’t Jess and Jason have nothing else to do but harass others?? Like they have nothing else going on their lives. Jason has a child (I think he has one, sorry if I get it wrong, and jessica has 2). Like, these adults have nothing else to do?? Nothing else to focus on? That’s how I know recovery isn’t even in the forefront of their minds. Gosh, I really feel for the kids. I know I said this before, but just imagine the environment they are living in. Their mother can’t stop harassing others on a daily basis. They are around a tweaker and have been around a child abuser. They are at the least, emotionally neglected. Like no way she and Jason can have energy to do this plus focus on their children and other things. You do not deserve any of this, Mindy. And same with Nicole.\n\nThey are digging themselves further into their holes. I would create a paper trail and document their threats. Keep every screenshot. I’m so sorry you are going through this', '143stni'], ['u/Great-Ad2861', 13, '2023-06-08 03:57', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jnc9xi2/', 'Honestly I would leave it alone if they would leave me alone. No I wouldn’t, if I saw her lying at anytime I would point it out bc she deserves that. This all started up again with Jason blowing up my phone accusing me of being behind Nicole’s videos. As if I have her make the videos. He then threatened everyone’s future and me with prison time. Since then it’s been back and forth back and forth. I will ALWAYS stand up for myself. No way will I just sit in silence. You are so right, they should have better things to do. But meth addicts get hyper fixated on something and just can’t stop. Unfortunately me and Reece are the somethings. Thank you you for this comment. Well said.', '143stni'], ['u/Great-Ad2861', 10, '2023-06-08 04:38', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jncfhnm/', 'Wait til they hear my Youtube video tomorrow on Wildflower Tea’s channel. Shit will really hit the fan.', '143stni'], ['u/mooseinabottle', 11, '2023-06-08 05:12', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jncjonx/', 'Domethtic violence. Sorry you’re dealing with this, Mindy, but I hope this subreddit helps you laugh at their desperation more than you’re stressed about getting fucked with. Obviously if she had any of this shit she’d have posted it anonymously in here already under her ‘Exsposed’ account with her overgrown manicure.\n\nI can only imagine what those sweet little girls must be thinking and feeling about their mother constantly sitting around plotting and scheming with mommy’s “friend” who sleeps (or rather doesn’t sleep) over every night. It must make them feel so uneasy and confused. I just hope things get better for them somehow before they get worse. 🫤', '143stni'], ['u/Great-Ad2861', 15, '2023-06-08 05:14', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jncjzvp/', 'Y’all are like a little family to me! You have no idea how much you have helped me! \nDefinitely if she had any of these things that aren’t possible to have but let’s pretend they are…they would have been blasted long ago.', '143stni'], ['u/boogawoogaX', 11, '2023-06-08 05:27', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jncljsw/', "She's getting more unstable by the day, sadly...", '143stni'], ['u/Great-Ad2861', 25, '2023-06-08 05:48', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jncnvsi/', 'You can tell her lawyer does not do family law normally…bc if they did they would advise her to sit the fuck down and shut the fuck up. At this point Reece seems more stable than Jess, gun and all.🤣', '143stni']]], ['u/Express_Baker_1852', 'Bitcoin #1a', 40, '2023-06-08 01:41', 'https://www.reddit.com/r/Currencytradingcards/comments/143sx3j/bitcoin_1a/', 'I pulled this in the one pack I bought just to see of I could get into this but im having a hard time determining what rarity I pulled, its marked 99/99 on the back', 'https://i.redd.it/35ovgycgmo4b1.jpg', '143sx3j', [['u/-Squidster-', 18, '2023-06-08 01:50', 'https://www.reddit.com/r/Currencytradingcards/comments/143sx3j/bitcoin_1a/jnbseyi/', 'You pulled a very nice card, it’s the very last of a total of 99 Emerald 1A refractor printed!\n\nCongrats!\n\nI know it’s hard to tell with the Crypto Coin themed cards cause normally an Emerald Refractor would have a green border to it, but the 1A card are special and have an exception to this, being silver borders. And the other ones, such as BTC/ETH/LTC do the entire card the Gemstone’s color.\n\nExample below of a Ruby #1\n\nhttps://preview.redd.it/qlzmyniooo4b1.jpeg?width=3024&format=pjpg&auto=webp&v=enabled&s=e19d4654ef81d042f0d1743df74c0d5fa4735a8b', '143sx3j'], ['u/thatbromatt', 14, '2023-06-08 01:59', 'https://www.reddit.com/r/Currencytradingcards/comments/143sx3j/bitcoin_1a/jnbtp9n/', "Holy smokes you are incredibly lucky! The 1a is considered a pretty rare base card in and of itself, so to get a gemstone refractor is pretty gnarly! Throw that bih in a protector asap if you haven't :D shes a beaut", '143sx3j'], ['u/forbiddendoughnut', 13, '2023-06-08 02:22', 'https://www.reddit.com/r/Currencytradingcards/comments/143sx3j/bitcoin_1a/jnbwtv7/', 'Man oh man is that ruby a beauty.', '143sx3j']]], ['u/Key-Rip8688', 'Is This Job a Scam?', 18, '2023-06-08 02:17', 'https://www.reddit.com/r/remotework/comments/143ts98/is_this_job_a_scam/', 'I applied for a customer service representative job (remote job) on indeed. They messaged me over indeed and asked me to email them. There email looked like the company as it had a company name in it. The email sent was very long with a company logo thanking me for reaching out and explained a trial period was to occur before hiring that I would be payed for. The trial period is 1 week and if i do well I am hired. I emailed and said I am okay with that. She then sent me the employee agreement which I signed. \n\nFrom here is where i got suspicious. I looked up the company and everyrhing seemed legit. I ended up talking to her over an app called telegram and she told me to make a kraken account. I made one and then she made me watch alot of videos to watch about bitcoin, microsoft and so on. Someone then called me to confirm I watched all the videos before we proceed.\n\nToday they sent me $2700 over etransfer and they told me to use kraken to get a QR code then got to my bank, take out the money she sent me and then go to a canada post to deposit the mon... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening:\nPrices:Bitcoin holds firm at $26.5K as investors remain largely unstirred by SEC lawsuits and look toward the Federal Reserve\'s monetary policy decision next week.\nInsights:The Fed may halt its hawkishness at its next FOMC meeting, but not after, said Valkyrie Chief Investment Officer Steven McClurg.\nCoinDesk Market Index (CMI)\n1,149\n+2.0▲0.2%\nBitcoin (BTC)\n$26,469\n+89.8▲0.3%\nEthereum (ETH)\n$1,845\n+9.7▲0.5%\nS&P 500\n4,293.93\n+26.4▲0.6%\nGold\n$1,980\n+37.1▲1.9%\nNikkei 225\n31,641.27\n−272.5▼0.9%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,149", "+2.0\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$26,469", "+89.8\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,845", "+9.7\\u25b20.5%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,293.93", "+26.4\\u25b20.6%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,980", "+37.1\\u25b21.9%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["31,641.27", "\\u2212272.5\\u25bc0.9%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nA Resilient Bitcoin\nBitcoin soldiered on for yet another day, unmoved from this week’s Securities and Exchange (SEC) lawsuits against exchange giants Binance and Coinbase and ongoing concerns about inflation and central bank hawkishness.\nThe largest cryptocurrency by market capitalization was recently trading at $26,474, roughly flat over the past 24 hours and about where it’s stood since Tuesday when the SEC filed its suit against Coinbase and asked a court to grant a temporary restraining orderto freeze assetstied toBinance.US. The agency sued Binance, the world’s largest exchange by trading volume, on Monday, raising concerns that the latest regulatory crackdown would send markets plunging. BTC took an initial dive below $26,000 on Tuesday but has since held steady above the threshold with analysts suggesting that investorshad already priced inthe actions.\n“It’s hard to imagine a tougher regulatory situation facing the digital asset industry in the United States than what’s happening right now,” Andrew Lawrence, co-founder and CEO of onchain custody platform Censo, wrote in an email to CoinDesk. “ It can feel pretty bleak, and yet there’s been a tremendous resilience shown by Bitcoin and other key crypto assets. We saw a pullback that was far less pronounced than what happened during last year’s daisy chain of collapses.”\nRead More:Can Binance Survive the SEC\'s Charges?\nLawrence attributed cryptos’ resilience at least partly to the growing embrace of digital assets outside the U.S. He highlighted the growing trade volumes in Asia as Hong Kong has facilitated retail trading and wider access to the industry, and new more crypto-friendly regulatory frameworks in the European Union and Dubai.\n“Digital assets are truly global,” Lawrence noted, adding that “longer term, this industry is poised to continue its exponential growth. I just worry that the bulk of this growth will occur outside of the United States – that is, if there are no developments in terms of the positive proposed legislation that is currently working its way through Congress.”\nEther was recently changing hands at $1,852, about where it perched on Wednesday, same time. The second largest crypto in market value held tight in “uptrend” territory of theCoinDesk Indices Ether Trend Indicator(ETI), a bullish sign even as bitcoin has languished in a “downtrend” position.Tokens mentioned in the separate lawsuits rebounded slightly with BNB, the token of the Binance exchange, recently up 0.5% and ADA, SOL and MATIC, the tokens of the Cardano, Solana and Polygon smart contracts protocols, either flat or up slightly. Popular meme coins DOGE and SHIB were also in the green.\nMajor stock indexes closed on the upside with the S&P 500 rising 0.6% to end its longest bear market in 85 years amid a surge in technology stocks. Bear markets end when an index rises from a previous market low. The technology-heavy Nasdaq Composition was up a percentage point. Treasury yields, which tend to travel inversely from crypto markets, sank. Jobless claims arrived higher than expected on Monday to buoy hopes that the U.S. central bank would suspend its year-long diet of interest rate hikes at its Federal Open Market Committee (FOMC) meeting next week. Investors will be eyeing the next Consumer Price Index (CPI) for the latest indication that inflation is waning.\nMeanwhile, in an email to CoinDesk, Sacha Ghebali, director of strategy at crypto information provider The Tie, wrote of “clear dislocations in the (crypto) market, resulting in rapid outflows of capital” from Binance. On Wednesday, the BTC-U.S. dollar trading pair onBinance.USjumpedas high as $28,800 – likely the result of “large investors and active traders stopping their trading activity and pulling assets off the exchange as a result of risk-mitigation actions,” Ghebali wrote.\nBut he noted bitcoin’s price strength and the outperformance of DeFi tokens relative to centralized exchange ones. “This could be a result of users preferring decentralized exchanges over their centralized counterparts in light of the regulatory risks facing the latter,” he wrote.\nHe added: “The Ethereum ecosystem has also held up relatively well when compared to other ecosystems. The DeFi market capitalization, in general, is down roughly five percent since the beginning of the month, whereas the DeFi market capitalization on the Ethereum ecosystem specifically is down less than two percent.”\n[{"Asset": "Polygon", "Ticker": "MATIC", "Returns": "+2.1%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Terra", "Ticker": "LUNA", "Returns": "+1.2%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Chainlink", "Ticker": "LINK", "Returns": "+1.1%", "DACS Sector": "Computing"}]\n[{"Asset": "Avalanche", "Ticker": "AVAX", "Returns": "\\u22121.0%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Stellar", "Ticker": "XLM", "Returns": "\\u22120.6%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Polkadot", "Ticker": "DOT", "Returns": "\\u22120.5%", "DACS Sector": "Smart Contract Platform"}]\nA Halt to Rate Hikes but Not for Long\nWill the U.S. central bank boost interest rates again next week? What will a decision to the affirmative or negative mean for crypto?\nSteven McClurg, the chief investment officer for alternative asset management company Valkyrie believes the Federal Reserve will suspend its nearly year-long diet of rate hikes, given what he sees as an ongoing banking crisis. That may weigh favorably for digital assets, but in an interview on CoinDesk TV\'s "First Mover" program, McClurg agreed with other analysts who believe the cessation will be temporary amid continued price pressure and other macroeconomic uncertainties.\nOver the past year, Interest rate increases have tended to unsettle investors and send crypto prices downward.\n"It\'s very prudent that the Fed has decided to stop raising rates at the moment, primarily because we do have a banking crisis on our hands right now, and we also have a dollar competence crisis," McClurg said.\nAccording to theCME Fedwatch tool, the probability that interest rates will remain at the current target rate of 5%-5.25% is 72.5%. That\'s ticked down over the past month when a flurry of data suggested that inflation would continue waning, but more mixed signals in recent weeks seem to have discouraged interest rate traders who participate in the ongoing survey.\nStill, threats to the banking system have loomed large since a series of U.S. bank failures, that central bank critics have tied to its overzealousness. McClurg noted that banking deposits totaling hundreds of billions of dollars "left the U.S. this year," and that Switzerland, which suffered its own banking crisis in March, resulting in the sale of Credit Suisse to rival UBS, had also seen a significant outflow "to places like Singapore, Dubai, other jurisdictions where they feel like your money is a little safer."\n"With continued interest rate hikes, the Fed would put many other banks in danger. So that\'s why we\'re on pause."\nMcClurg called any continued decline in CPI a "reversion to the mean scenario with inflation," where 4% plus is still very high. We\'re not seeing the 12% to 18% clips, but we\'re going to see that again."\nHe added that he would be closely watching oil prices, which have retreated over the past year from near record highs. "I believe oil will probably double in price this year, which will drive the rest of inflation," McClurg said. "That will force the Fed to continue to raise rates to try to stave off inflation to the last half of the year.\n9:30 a.m. HKT/SGT(1:30 UTC)China Consumer Price Index (YoY/May)\n4:00 p.m. HKT/SGT(8:00 UTC)European Central Bank\'s De Guindos Speech\n8:30 p.m. HKT/SGT(12:30 UTC)Canada Net Change in Employment (May)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nSEC-Targeted Tokens Tumble; Binance Says Gensler Once Offered to Be an \'Informal Advisor\'\nMajor cryptocurrencies targeted as unregistered securities in recent SEC lawsuits against Binance and Coinbase continue to decline. Valkyrie Chief Investment Officer Steven McClurg reacted. Meantime, a letter from Binance’s counsel said that SEC Chair Gary Gensler should be recused from the case because he once offered to be an "informal advisor." Bain Capital Crypto Partner and Head of Regulatory and Policy, TuongVy Le, weighed in on the state of crypto regulation. Plus, CoinDesk Executive Director of Global Content Emily Parker explained what Apple\'s new mixed-reality headset means for Web3.\nCrypto Custody Firm BitGo Reaches Preliminary Agreement to Buy Prime Trust, Sources:The financial terms of the deal were not disclosed by the source.\nOptimism Says Ether Now Treated as Native Cryptocurrency Alongside OP Token:Repre **Last 60 Days of Bitcoin's Closing Prices:** [29652.98, 30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-09 **Financial & Commodity Data:** - Gold Closing Price: $1962.20 - Crude Oil Closing Price: $70.17 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $515,772,877,500 - Hash Rate: 430421503.0643882 - Transaction Count: 387084.0 - Unique Addresses: 676835.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.50 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Rae Wee, Medha Singh and Hannah Lang (Reuters) - Major cryptocurrency bitcoin breached the key $30,000 level for the first time in 10 months on Tuesday, adding to its steady gains as investors raised bets that the U.S. Federal Reserve will soon end its aggressive monetary tightening campaign. Bitcoin peaked at $30,438 in Asian trade and was last up 1.96% at $30,233. It has gained nearly 6% since the start of the month, after rising 23% in March. Investors are awaiting a U.S. inflation report on Wednesday to assess the Fed's next steps after banking sector turmoil in March raised expectations that the central bank would let up on rate hikes to ease stress on the sector. "The recent surge in bitcoin's price is like a breath of fresh air after a long, cold crypto winter," said Tim Frost, CEO of crypto yield platform Yield App. "This renewed optimism could be attributed to an anticipated shift in the U.S. Federal Reserve's monetary policy, which is expected to create a more stable, and hopefully predictable, environment." Boosting the case for rate hikes, however, Friday's closely watched U.S. nonfarm payrolls (NFP) report showed employers maintained a strong pace of hiring in March, pointing to a still-resilient economy. "There were some expectations of a potential miss on NFP on Friday, and that's bolstered confidence coming into" the readout of U.S. consumer price index data, said Joseph Edwards, investment adviser at Enigma Securities. GRAPHIC - Bitcoin and gold outperform S&P 500 since banking turmoil https://fingfx.thomsonreuters.com/gfx/mkt/gdvzqndjlpw/Pasted%20image%201681208662938.png Crypto investment products attracted $57 million in inflows last week - albeit on low volume - with most of the money focused on bitcoin, digital asset manager CoinShares said on Monday. This brings digital asset flows back into positive territory for the year, the report showed. "The market has done a great job at culling all leveraged participants in the past 18 months," said Matthew Dibb, chief investment officer at Astronaut Capital, a Singapore-based crypto asset manager. "If (bitcoin) can survive the week over $30,000, we are going higher." Ether, the second largest cryptocurrency, stood near last week's roughly eight-month peak of $1,942.50. It was last up 1.56% to $1,915.56. Crypto investors are eagerly anticipating a major revamp to the Ethereum blockchain on Wednesday that is set to allow them to gain access to more than $33 billion of ether currency. The software upgrade, dubbed Shapella, will let market players redeem their "staked ether" - coins they have deposited and locked up on the network over the past three years in return for interest. While Shapella is not likely to directly drive sell pressure on ether, volatility could be heightened around the event, Bank of America strategist Alkesh Shah said. (Reporting by Rae Wee in Singapore and Medha Singh in Bengaluru and Hannah Lang in Washington; Editing by Vidya Ranganathan, Jamie Freed, Devika Syamnath and Richard Chang)... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Ordinal Bored Ape Yacht Club ($OBAYC) is a groundbreaking project that combines the world of Bored Apes and Bitcoin\nVilnius, Lithuania, June 09, 2023 (GLOBE NEWSWIRE) -- Ordinal Bored Ape Yacht Club ($OBAYC) is proud to announce a groundbreaking project that combines the innovative concept of Bitcoin ordinals with the power and flexibility of the Ethereum blockchain. This unique initiative brings together the world of Bored Apes and Bitcoin, offering an unparalleled experience for BTC maximalists and Bored Ape Yacht Club (BAYC) enthusiasts.\nBy leveraging the cutting-edge Bitcoin Ordinal system, OBAYC has decided to launch the $OBAYC token on the BRC-20 standard. However, the project has taken a step further and wrapped the $OBAYC token with WETH (Wrapped Ether), enabling seamless transactions and leveraging the popularity and efficiency of the widely adopted ERC-20 network.\nThe journey to create the world's first Bored Apes on Bitcoin has been a meticulous process. Our team successfully fractionalized the $OBAYC Ordinal into 1 quadrillion ERC20 tokens using the fractional.art platform. This groundbreaking achievement transforms the Bitcoin-Native Ordinal into the very first Bored Ape Yacht Club token residing on the Bitcoin network. This opens up new horizons for BAYC enthusiasts and Bitcoin maximalists alike.\nOrdinal Bored Ape Yacht Club has outlined an ambitious roadmap with a series of exciting plans that aim to revolutionize the cryptocurrency landscape:\n1. Major CEX Listings:$OBAYC will be listed on several leading cryptocurrency exchanges, ensuring increased liquidity and accessibility for a broader range of investors and traders.\n2. Top YouTuber Campaign:OBAYC is launching a strategic marketing campaign featuring influential YouTubers to create widespread awareness and drive the adoption of $OBAYC, thereby expanding the reach of the project to a global audience.\n3. Airdrop to Bored Ape Holders + Ordinal Communities:As a token of gratitude to Bored Ape holders and the wider Ordinal community, OBAYC will distribute exclusive airdrops of $OBAYC tokens. This gesture aims to reward their unwavering support and foster a strong and engaged community. There is a 5% allocation specifically reserved for ape holders, allowing anyone who possesses an ape in their wallet to come and claim.\n4. Insane OBAYC Bitcoin NFTs:OBAYC will create unique and highly sought-after OBAYC Bitcoin NFTs, offering an unprecedented level of value and utility to token holders. These exclusive digital collectibles will provide access to a range of privileges and experiences within the Bored Ape Yacht Club ecosystem.\n5. OBAYCSwap:A user-friendly and efficient token-swapping mechanism will be introduced, enabling seamless conversion between BTC and $OBAYC tokens. This feature will enhance liquidity and facilitate convenient asset management for our users.\n6. Crazy Holder Bonuses & Benefits:$OBAYC holders will enjoy a host of exciting bonuses and benefits, including exclusive access to limited-edition NFT drops, VIP events, community governance, and participation in the decision-making process.\nThe Ordinal Bored Ape Yacht Club team comprises highly experienced developers who have previously launched projects with market caps exceeding $50 million. Additionally, OBAYC’s talented marketing team includes professionals who have spearheaded successful campaigns for renowned crypto projects such as Kishu and Baby Doge.\nOrdinal Bored Ape Yacht Club aims to bridge the gap between the BTC maximalist community and the vibrant Bored Ape Yacht Club ecosystem. By combining the strength of Bitcoin with the creative spirit and passionate community of BAYC, the project strives to redefine the possibilities within the crypto space.\nTo learn more about Ordinal Bored Ape Yacht Club and participate in the project, visit the official website athttps://www.ordinalbayc.net/. The presale for $OBAYC tokens is currently live and can be accessed athttps://www.pinksale.finance/launchpad/0x188f473baf13E30ed045cfe75b00bd3527E65b44?chain=ETH&refId=0x7bfa3433d4CbBE59bDC195625213978B19Bb2Ac7.\nAbout Ordinal Bored Ape Yacht Club ($OBAYC)\nOrdinal Bored Ape Yacht Club ($OBAYC) is a groundbreaking project that combines the world of Bored Apes and Bitcoin by fractionalizing the $OBAYC Ordinal into 1 quadrillion ERC20 tokens and wrapping them with WETH. As the first-ever Bored Ape Yacht Club token residing on the Bitcoin network, $OBAYC offers a unique experience for BTC maximalists and BAYC enthusiasts. The project aims to bridge the gap between Bitcoin and BAYC communities, providing unprecedented opportunities for users in both networks.\nWebsite|Twitter|Telegram\n###\nOrdinal Bored Ape Yacht Club ($OBAYC)\[email protected]\nhttps://www.ordinalbayc.net/\nDisclaimer:\nThis announcement is not directed at any investors or potential investors, and does not constitute an offer to sell — or a solicitation of an offer to buy — any securities, and may not be used or relied upon in evaluating the merits of any investment. Any projections, estimates, forecasts, targets, prospects and/or opinions expressed in this release are subject to change without notice. The contents in here should not be construed as or relied upon in any manner as investment, legal, tax, or other advice.", "Ordinal Bored Ape Yacht Club ($OBAYC) is a groundbreaking project that combines the world of Bored Apes and Bitcoin Vilnius, Lithuania, June 09, 2023 (GLOBE NEWSWIRE) -- Ordinal Bored Ape Yacht Club ($OBAYC) is proud to announce a groundbreaking project that combines the innovative concept of Bitcoin ordinals with the power and flexibility of the Ethereum blockchain. This unique initiative brings together the world of Bored Apes and Bitcoin, offering an unparalleled experience for BTC maximalists and Bored Ape Yacht Club (BAYC) enthusiasts. By leveraging the cutting-edge Bitcoin Ordinal system, OBAYC has decided to launch the $OBAYC token on the BRC-20 standard. However, the project has taken a step further and wrapped the $OBAYC token with WETH (Wrapped Ether), enabling seamless transactions and leveraging the popularity and efficiency of the widely adopted ERC-20 network. The journey to create the world's first Bored Apes on Bitcoin has been a meticulous process. Our team successfully fractionalized the $OBAYC Ordinal into 1 quadrillion ERC20 tokens using the fractional.art platform. This groundbreaking achievement transforms the Bitcoin-Native Ordinal into the very first Bored Ape Yacht Club token residing on the Bitcoin network. This opens up new horizons for BAYC enthusiasts and Bitcoin maximalists alike. Ordinal Bored Ape Yacht Club has outlined an ambitious roadmap with a series of exciting plans that aim to revolutionize the cryptocurrency landscape: Major CEX Listings: $OBAYC will be listed on several leading cryptocurrency exchanges, ensuring increased liquidity and accessibility for a broader range of investors and traders. Top YouTuber Campaign: OBAYC is launching a strategic marketing campaign featuring influential YouTubers to create widespread awareness and drive the adoption of $OBAYC, thereby expanding the reach of the project to a global audience. Airdrop to Bored Ape Holders + Ordinal Communities: As a token of gratitude to Bored Ape holders and the wider Ordinal community, OBAYC will distribute exclusive airdrops of $OBAYC tokens. This gesture aims to reward their unwavering support and foster a strong and engaged community. There is a 5% allocation specifically reserved for ape holders, allowing anyone who possesses an ape in their wallet to come and claim. Insane OBAYC Bitcoin NFTs: OBAYC will create unique and highly sought-after OBAYC Bitcoin NFTs, offering an unprecedented level of value and utility to token holders. These exclusive digital collectibles will provide access to a range of privileges and experiences within the Bored Ape Yacht Club ecosystem. OBAYCSwap: A user-friendly and efficient token-swapping mechanism will be introduced, enabling seamless conversion between BTC and $OBAYC tokens. This feature will enhance liquidity and facilitate convenient asset management for our users. Crazy Holder Bonuses & Benefits: $OBAYC holders will enjoy a host of exciting bonuses and benefits, including exclusive access to limited-edition NFT drops, VIP events, community governance, and participation in the decision-making process. Story continues The Ordinal Bored Ape Yacht Club team comprises highly experienced developers who have previously launched projects with market caps exceeding $50 million. Additionally, OBAYC’s talented marketing team includes professionals who have spearheaded successful campaigns for renowned crypto projects such as Kishu and Baby Doge. Ordinal Bored Ape Yacht Club aims to bridge the gap between the BTC maximalist community and the vibrant Bored Ape Yacht Club ecosystem. By combining the strength of Bitcoin with the creative spirit and passionate community of BAYC, the project strives to redefine the possibilities within the crypto space. To learn more about Ordinal Bored Ape Yacht Club and participate in the project, visit the official website at https://www.ordinalbayc.net/ . The presale for $OBAYC tokens is currently live and can be accessed at https://www.pinksale.finance/launchpad/0x188f473baf13E30ed045cfe75b00bd3527E65b44?chain=ETH&refId=0x7bfa3433d4CbBE59bDC195625213978B19Bb2Ac7 . About Ordinal Bored Ape Yacht Club ($OBAYC) Ordinal Bored Ape Yacht Club ($OBAYC) is a groundbreaking project that combines the world of Bored Apes and Bitcoin by fractionalizing the $OBAYC Ordinal into 1 quadrillion ERC20 tokens and wrapping them with WETH. As the first-ever Bored Ape Yacht Club token residing on the Bitcoin network, $OBAYC offers a unique experience for BTC maximalists and BAYC enthusiasts. The project aims to bridge the gap between Bitcoin and BAYC communities, providing unprecedented opportunities for users in both networks. Website | T **Last 60 Days of Bitcoin's Closing Prices:** [30235.06, 30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-10 **Financial & Commodity Data:** - Gold Closing Price: $1962.20 - Crude Oil Closing Price: $70.17 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $495,968,543,400 - Hash Rate: 392218411.0764248 - Transaction Count: 365369.0 - Unique Addresses: 643676.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.49 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Summary: Bitcoin mixers are an essential tool for individuals who value their privacy and anonymity when conducting Bitcoin transactions. CALIFORNIA CITY, CA / ACCESSWIRE / May 17, 2023 /With the latest development,Bitcoin Mixeroffers services enhancing privacy and anonymity in cryptocurrency transactions. It gives users a way to safeguard their financial information. By using Bitcoin, every transaction that the users make is recorded on the blockchain, which is a public ledger that anyone can access, and their Bitcoin transactions are not entirely anonymous. In addition, their personal information and transaction history could be traced back to the users. Bitcoin Mixer has emerged as a viable solution to enhance privacy and protect users' identities. By utilizing the Bitcoin Mixer, transactions are visible to all users of the Bitcoin blockchain, and everybody who wants to protect their privacy uses Bitcoin mixing services.Bitcoin Mixeroffers a range of services tools with multiple features that work incredibly and attract users as well, including: • WhirlWind- It is a leading Bitcoin mixer that adheres to a strict no-logs policy, ensuring that once the mixing process is completed, all transaction information is permanently erased. • CryptoMixer- High volume Bitcoin mixer that provides service with highly secure mixing algorithms that ensure users' privacy and anonymity. It ensures the users neither crypto-hackers nor security agencies can keep track of their financial activities. • Sinbad- It is a Bitcoin mixer that offers a simple and easy-to-use interface to its users. The platform works efficiently and securely deletes all transaction information within an hour once the session is completed. • Coinomize- Bitcoin mixer that offers a variety of features. It helps to maintain a strict no-logs policy and offers remarkably low and flexible fees as well. • Mixtura- During the coin mixing process, it utilizes funds acquired from reputable cryptocurrency exchanges. (Binance & OKEx). • Anonymixer- To enhance anonymity, the platform helps to split the funds received from each user into smaller portions and seamlessly blends them with funds from other clients. • Bitcoin Blender- It is emerging as a high-quality Bitcoin mixer that offers a reliable and secure method to protect privacy when making transactions. • Yo!Mix- It gives the opportunity that the users can keep their names confidential. • Mixero- The platform empowers users to blend their bitcoins with those from fellow users, effectively concealing the origin and destination of funds. Furthermore, Bitcoin mixers mix Bitcoin with other Cryptocurrencies. Bitcoin mixers enable users to change their coins between each other and make it impossible to trace the source of Crypto. The users enter the Destination address, where mixed coins will be sent, and get the Mixer's address, where they should send their own Crypto that needs to increase the level of Anonymization. And then, the users wait for confirmations from the blockchain network before the mixing process can be completed. About Bitcoin Mixer: Bitcoin (BTC) mixers are an essential tool for individuals who value their privacy and anonymity when conducting Bitcoin transactions. It also offers services for mixing Ethereum (ETH Mixer) and Litecoin (LTC Mixer). The variety of mixers provides their users with a wide range of options to suit their specific needs and preferences. www.bitcoinmixing.org Contact name: Peter JamesCompany name: Bitcoin Mixer ServicesEmail:[email protected] SOURCE:Bitcoin Mixer View source version on accesswire.com:https://www.accesswire.com/755660/Bitcoin-Mixer-Offers-Services-Enhancing-Privacy-and-Anonymity-in-Cryptocurrency-Transactions... - Reddit Posts (Sample): [['u/greenglobones', 'Ignorant question: What would incentivize miners 50-100+ years from now to continue mining Bitcoin to maintain the network as block rewards become less profitable through the halvening?', 41, '2023-06-10 00:06', 'https://www.reddit.com/r/CryptoCurrency/comments/145icdf/ignorant_question_what_would_incentivize_miners/', 'Would people continue mining or attempting to maintain the Bitcoin network through mining in 50-100+ years from now? I suppose that as mining becomes less profitable with block rewards decreasing, what will incentivize the miners in the future?\n\nI suppose that as the price of Bitcoin increases, rewards will still be more profitable since ~6btc/block now would be less profitable than ~3btc/block at a point in the future with the value of 1btc presumed to be higher at that future point. But if BTC does ever find a ceiling, what would the incentive be to continue maintaining the network if 100+ years from now, rewards have been halved so much?', 'https://www.reddit.com/r/CryptoCurrency/comments/145icdf/ignorant_question_what_would_incentivize_miners/', '145icdf', [['u/Baecchus', 29, '2023-06-10 00:17', 'https://www.reddit.com/r/CryptoCurrency/comments/145icdf/ignorant_question_what_would_incentivize_miners/jnl656w/', "The idea is that Bitcoin's price increase will be able to keep up with decreased rewards.\n\nWill it play out that way? We don't know. That's all there is really.", '145icdf'], ['u/Calm-Cartographer677', 11, '2023-06-10 00:18', 'https://www.reddit.com/r/CryptoCurrency/comments/145icdf/ignorant_question_what_would_incentivize_miners/jnl6awu/', 'Mining operations will likely continue to become more efficient over time which will reduce costs and partially offset the reducing block reward.', '145icdf'], ['u/djmoblei', 40, '2023-06-10 00:22', 'https://www.reddit.com/r/CryptoCurrency/comments/145icdf/ignorant_question_what_would_incentivize_miners/jnl6ri3/', 'Fees.', '145icdf'], ['u/EggplantsLover', 20, '2023-06-10 00:23', 'https://www.reddit.com/r/CryptoCurrency/comments/145icdf/ignorant_question_what_would_incentivize_miners/jnl6ye3/', "Because Bitcoin miners are nice, not-greedy people who don't care about profits and would happily take a loss for the good of the community /s", '145icdf'], ['u/Baecchus', 10, '2023-06-10 00:48', 'https://www.reddit.com/r/CryptoCurrency/comments/145icdf/ignorant_question_what_would_incentivize_miners/jnla8gn/', 'Ordinals have entered the chat', '145icdf']]], ['u/BashCo', "On June 12th, r/Bitcoin will go dark for 48 hours in protest of Reddit's API changes that will kill 3rd party apps.", 970, '2023-06-10 00:10', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/', 'Additional reading:\n\nhttps://www.reddit.com/r/Save3rdPartyApps/comments/13yh0jf/dont_let_reddit_kill_3rd_party_apps/\n\nhttps://www.reddit.com/r/redditdev/comments/144l86y/takeaways_and_recommendations_after_api_meeting/\n\nhttps://www.reddit.com/r/apolloapp/comments/144f6xm/apollo_will_close_down_on_june_30th_reddits/\n\nhttps://www.reddit.com/r/redditisfun/comments/144gmfq/rif_will_shut_down_on_june_30_2023_in_response_to/\n\nhttps://www.reddit.com/r/reddit/comments/145bram/addressing_the_community_about_changes_to_our_api/', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/', '145iff8', [['u/TheRealestLarryDavid', 26, '2023-06-10 00:12', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnl5jqq/', 'with you bud. after the outrageous AMA today I imagine this blackout will last indefinitely for a lot of subs', '145iff8'], ['u/GimmeFunkyButtLoving', 10, '2023-06-10 00:43', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnl9igj/', 'NOSTR fixes this', '145iff8'], ['u/Korberos', 35, '2023-06-10 00:56', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnlb5ot/', "Hell yeah. Don't forget to post on [this thread](https://www.reddit.com/r/ModCoord/comments/1401qw5/incomplete_and_growing_list_of_participating/) so you guys get added to the list.", '145iff8'], ['u/Fiach_Dubh', 11, '2023-06-10 01:25', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnley9o/', 'and my axe.\n\nr/bitcoinca will be joining this protest as well', '145iff8'], ['u/BashCo', 23, '2023-06-10 01:52', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnliaq3/', '[Done](https://www.reddit.com/r/ModCoord/comments/1401qw5/incomplete_and_growing_list_of_participating/jnlbv2d/)', '145iff8'], ['u/knuF', 13, '2023-06-10 01:56', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnliqp3/', 'So we going Nostr or what?', '145iff8'], ['u/LNCrizzo', 102, '2023-06-10 02:11', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnlkkst/', 'See you all on nostr.', '145iff8'], ['u/18476', 81, '2023-06-10 02:19', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnllnv3/', "Two days? Yea, that'll teachem.", '145iff8'], ['u/Autism0600', 26, '2023-06-10 03:28', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnlu2vi/', "I don't see what the point of taking 2 days off is going to do. We all know about this. No one likes it. They aren't changing their minds and going dark for a weekend isn't going to break their business. \n\nGo dark for a month or a quarter so they actually feel it. Promote alternatives. Even consider deleting the sub entirely. \n\nThey need to see their new move as less profitable than alternatives. Most businesses can handle two days without revenue. Especially a VC driven industry like tech. The only real threat is migration and deletion. Everything else they can just ignore.", '145iff8'], ['u/mrASSMAN', 14, '2023-06-10 03:46', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnlw87y/', 'Make it a week', '145iff8'], ['u/Korberos', 11, '2023-06-10 03:48', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnlwf40/', 'Over 3500 subreddits are part of it, so apparently a lot of people other than you.', '145iff8'], ['u/BashCo', 21, '2023-06-10 03:50', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnlwnga/', "I think most mods acknowledge that reddit admins aren't going to change course. But in my opinion it's about applying pressure to admins for the absolute shit job they've been doing managing this site over the past several years. Shitting on devs and communities that have helped make this site what it is (for better or worse) is just adding insult to injury.", '145iff8'], ['u/LNCrizzo', 16, '2023-06-10 06:36', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnmew2n/', 'Censorship resistant social media not controlled by a greedy corporation. r/nostr for more info or download Damus for iPhone or Amethyst for Android and jump right in. No KYC to participate either.', '145iff8'], ['u/LNCrizzo', 12, '2023-06-10 08:39', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnmp4xg/', 'The best clients right now are like Twitter, but the protocol is flexible and someone is working on a Reddit clone zapddit.com', '145iff8'], ['u/LNCrizzo', 13, '2023-06-10 09:36', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnmtd3x/', "It's an open source protocol that anyone can build on top of. There is no way for one entity to monopolize the entire thing, so people will always have a choice in how they want to interact with the network. The identity you create (you public/private key pair) is portable and you can take it with you to any client (app) without having to start a new profile from scratch.", '145iff8'], ['u/3D-LASERWOLF', 15, '2023-06-10 11:43', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnn2bov/', 'Then do it indefinitely', '145iff8']]], ['u/lilpoostain200', 'Would You Buy An Unprofitable Business Sitting on Tons of Cash?', 14, '2023-06-10 01:04', 'https://www.reddit.com/r/ValueInvesting/comments/145jqm9/would_you_buy_an_unprofitable_business_sitting_on/', 'I recently came across $EBON, which is a Chinese crypto and blockchain technology company sitting on $250 million dollars of cash with relatively 0 debt or other liabilities and a market cap of $46 million. 90% of revenue had come from Bitcoin mining and net income has been negative for several years. I believe the company will most likely stay unprofitable but are they still undervalued given how much cash they have? I think the company is in a really interesting situation and look forward to watching what happens to the stock price over the next few years.', 'https://www.reddit.com/r/ValueInvesting/comments/145jqm9/would_you_buy_an_unprofitable_business_sitting_on/', '145jqm9', [['u/AleIrurzun', 33, '2023-06-10 01:24', 'https://www.reddit.com/r/ValueInvesting/comments/145jqm9/would_you_buy_an_unprofitable_business_sitting_on/jnletix/', 'Seems like they have no viable business model at all. All that cash was gained raising capital', '145jqm9'], ['u/whiskeyinthejaar', 47, '2023-06-10 01:29', 'https://www.reddit.com/r/ValueInvesting/comments/145jqm9/would_you_buy_an_unprofitable_business_sitting_on/jnlfd1t/', 'When you dance with the pigs, you will smell like shit.', '145jqm9'], ['u/RotoHack', 10, '2023-06-10 02:02', 'https://www.reddit.com/r/ValueInvesting/comments/145jqm9/would_you_buy_an_unprofitable_business_sitting_on/jnljgk2/', 'You should watch China hustle. An... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['By Louis Juricic and Sarina Isaacs Investing.com -- Here is your weekly Pro Recap on the biggest headlines out of a big earnings week for tech: reactions to Apple\'s Vision Pro launch; the SEC\'s lawsuit against Coinbase; GM\'s collaboration with Tesla; Amazon Prime\'s coming ad-supported tier; and Netflix\'s win on password-sharing crackdown. InvestingPro subscribers get tech headlines like these in real time. Never miss another market-moving alert . A lackluster response to Apple\'s Vision Pro Wall Street reacted with caution to Apple\'s (NASDAQ:AAPL) launch of its much-anticipated mixed reality headset, Vision Pro, which comes at a higher-than-expected price of $3,499. CFRA, for example, said Although we are impressed by its best-in-class hardware/immersive capabilities, we think AAPL failed to identify why it\'s a must-own device for consumers, at least for now. Still, the company\'s entry into the space and greater engagement from developers will help support adoption and new use cases over time. Goldman Sachs said it is encouraged by long-term growth prospects, "but expect near-term financial contributions to be limited" particularly given the high retail price point and media reports that it may be sold at breakeven. And BofA similarly said it expects that "adoption will take time." Apple shares initially sank on news of the launch but partially recovered, and ended the week down just 0.9%. The stock is up some 45% year to date. Coinbase sued by SEC Cryptocurrency exchange Coinbase (NASDAQ:COIN) took a dive early in the week after it was sued by the Securities and Exchange Commission (SEC) for an alleged breach of U.S. securities rules. “We allege that Coinbase, despite being subject to the securities laws, commingled and unlawfully offered exchange, broker-dealer, and clearinghouse functions,” said SEC Chair Gary Gensler in a press release. The exchange is accused of making billions of dollars “unlawfully facilitating the buying and selling of crypto asset securities.” Story continues BofA reiterated its Underperform rating on the stock and said, "[W]e think these latest developments illustrate ongoing regulatory headwinds, which not only could threaten part of [Coinbase]’s business model, but also represent a big management distraction." Meanwhile, Cathie Wood’s Ark Invest increased its stake in the company, as the stock hit near five-month lows. Wood has repeatedly expressed confidence in Coinbase and the broader crypto industry, and has cited a $1 million long-term price target for Bitcoin on the belief that it is an effective inflation hedge. Coinbase shares fell nearly 16% for the week, having lost ground Monday as well after the SEC sued Binance. It\'s still up nearly 60% for the year. General Motors to partake in Tesla\'s charging network General Motors (NYSE:GM) CEO Mary Barra confirmed this week that the company is preparing to integrate the North American Charging Standard (NACS) connector, designed by Tesla (NASDAQ:TSLA), into its EVs beginning in 2025. The announcement, made during a live meeting on Twitter Space with Tesla CEO Elon Musk, mirrors a similar revolution made late last month when neighboring rival Ford Motor (NYSE:F) also announced a collaboration with Musk\'s Tesla. These partnerships allow Ford and GM customers to access the extensive network of Tesla Superchargers. The next day, White House officials handed Tesla another win when they announced that the company’s Superchargers would be eligible to receive a portion of federal funds, amounting in the billions, so long as the chargers also included CCS connections. After the GM news, Wedbush raised its price target on Tesla to $300 from $215, reiterated its "Outperform" rating, and added the shares to the "Wedbush Best Ideas List." GM climbed more than 5% for the week to $36.23. Tesla was up 4% to $244.40, extending an over 117% gain year to date. Amazon to launch ad-supported Prime Video tier: report Amazon (NASDAQ:AMZN) plans to launch an advertising-supported tier of its Prime Video streaming services as part of a move to bolster growth from entertainment, the Wall Street Journal reported Wednesday, citing unnamed sources. Plans to launch an ad-supported tier for its Prime Video streaming service follow similar moves by rivals including Netflix (NASDAQ:NFLX) and Disney (NYSE:DIS) as streaming platforms look for ways to support content spending amid an ongoing battle for dominance. Warner Bros Discovery (NASDAQ:WBD) and Paramount (NASDAQ:PARAA), meanwhile, are reportedly in talks with Amazon to add the ad-based tiers of their streaming services through Amazon’s Prime Video channels. Bank of America analysts believe the ad-supported tier makes sense for Prime Video. "Amazon’s user data, existing relationships with retail advertisers, and extensive ad sales teams provide a competitive advantage for monetizing ad-streaming. Also, tiering may enable Amazon to raise fees on ad-free Prime tiers, which would follow recent fee increases for various Prime and 3P services," it wrote in a client note. The analysts also expect Amazon to continue to lean into video content vs. pulling back in a bid to drive usage. Warner Discovery and Paramount closed the week up 18% and 5%, respectively, following the news. Amazon ended nearly breakeven for the week. Netflix scoops up new subscribers amid password-sharing crackdown Netflix climbed after The Wall Street Journal reported that the crackdown on password sharing in the U.S. delivered a new subscriber windfall in its earliest days. Citing data from Antenna, the WSJ said the streaming giant gained more new U.S. subscriptions between May 25 and May 28, not long after it notified users in the U.S. and other countries of the limits than in any other four-day period since Antenna commenced compiling the data in 2019. The jump in subscribers suggests Netflix’s decision to end password sharing is yielding results. The move to end password sharing means users who share an account outside the same home must pay an extra $7.99 a month to watch. In addition, the number of extra members customers could add to their account is limited, depending on the tier they pay for. Shares rose just under 5% for the week, with year-to-date gains totaling over 40%. Senad Karaahmetovic, Sam Boughedda, Ambar Warrick, and Michael Elkins contributed to this report. Jump on the biggest tech news for your portfolio amid a barrage of market headlines: Always be the first to know with InvestingPro . Related Articles This week in tech: A tepid response to Apple\'s Vision Pro; SEC vs. Coinbase Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.01% Investors rethink recession plays, boosting U.S. stock market laggards', 'By Louis Juricic and Sarina Isaacs\nInvesting.com -- Here is your weekly Pro Recap on the biggest headlines out of a big earnings week for tech: reactions to Apple\'s Vision Pro launch; the SEC\'s lawsuit against Coinbase; GM\'s collaboration with Tesla; Amazon Prime\'s coming ad-supported tier; and Netflix\'s win on password-sharing crackdown.\nInvestingProsubscribers get tech headlines like these in real time.Never miss another market-moving alert.\nWall Street reacted with caution to Apple\'s (NASDAQ:AAPL) launch of its much-anticipated mixed reality headset, Vision Pro, which comes at a higher-than-expected price of $3,499.\nCFRA, for example, said\nAlthough we are impressed by its best-in-class hardware/immersive capabilities, we think AAPL failed to identify why it\'s a must-own device for consumers, at least for now. Still, the company\'s entry into the space and greater engagement from developers will help support adoption and new use cases over time.\nGoldman Sachs said it is encouraged by long-term growth prospects, "but expect near-term financial contributions to be limited" particularly given the high retail price point and media reports that it may be sold at breakeven.\nAnd BofA similarly said it expects that "adoption will take time."\nApple shares initially sank on news of the launch but partially recovered, and ended the week down just 0.9%. The stock is up some 45% year to date.\nCryptocurrency exchange Coinbase (NASDAQ:COIN) took a dive early in the week after it was sued by the Securities and Exchange Commission (SEC) for an alleged breach of U.S. securities rules.\n“We allege that Coinbase, despite being subject to the securities laws, commingled and unlawfully offered exchange, broker-dealer, and clearinghouse functions,” said SEC Chair Gary Gensler in a press release.\nThe exchange is accused of making billions of dollars “unlawfully facilitating the buying and selling of crypto asset securities.”\nBofA reiterated its Underperform rating on the stock and said, "[W]e think these latest developments illustrate ongoing regulatory headwinds, which not only could threaten part of [Coinbase]’s business model, but also represent a big management distraction."\nMeanwhile, Cathie Wood’s Ark Invest increased its stake in the company, as the stock hit near five-month lows. Wood has repeatedly expressed confidence in Coinbase and the broader crypto industry, and has cited a $1 million long-term price target for Bitcoin on the belief that it is an effective inflation hedge.\nCoinbase shares fell nearly 16% for the week, having lost ground Monday as well after the SEC sued Binance. It\'s still up nearly 60% for the year.\nGeneral Motors (NYSE:GM) CEO Mary Barra confirmed this week that the company is preparing to integrate the North American Charging Standard (NACS) connector, designed by Tesla (NASDAQ:TSLA), into its EVs beginning in 2025.\nThe announcement, made during a live meeting on Twitter Space with Tesla CEO Elon Musk, mirrors a similar revolution made late last month when neighboring rival Ford Motor (NYSE:F) also announced a collaboration with Musk\'s Tesla.\nThese partnerships allow Ford and GM customers to access the extensive network of Tesla Superchargers.\nThe next **Last 60 Days of Bitcoin's Closing Prices:** [30139.05, 30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-11 **Financial & Commodity Data:** - Gold Closing Price: $1962.20 - Crude Oil Closing Price: $70.17 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $500,604,948,938 - Hash Rate: 415140266.2692028 - Transaction Count: 399201.0 - Unique Addresses: 561469.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.47 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: US stocks closed lower Monday as investors digested weaker-than-expected economic data ahead of next week's Federal Reserve meeting. The S&P 500 ( ^GSPC ) was down 0.20%, the Dow Jones Industrial Average ( ^DJI ) dropped 0.59%, or less than 160 points, and the Nasdaq Composite ( ^IXIC ) dipped below the flatline. Meanwhile, the S&P 500 looked set to enter into a bull market in early morning trade but reversed course following weaker economic data. Still, strong jobs numbers and passage of the US debt ceiling bill sent major indexes higher last week. Crude prices pointed upward but pared earlier gains after Saudi Arabia on Sunday said it will slash its oil output by another 1 million barrels per day starting in July. The world's top oil exporter is going it alone with the voluntary cut, as the Organization of the Petroleum Exporting Countries (OPEC+) and its allies agreed to stick to their current oil-production target through 2024 at their meeting this weekend. US benchmark WTI crude futures were up trading at $71.84 on Monday, while Brent crude futures, the global benchmark, dipped to trade at $76.42 a barrel. Meanwhile, Treasury yields lost some steam after the gauge of US services showed a less upbeat tone for the economy, with the benchmark 10-year Treasury rising to 3.7%. ISM services PMI fell to 50.3 in May from 51.9 in April, the lowest reading since May 2020 and below forecasts of 52.4. The two-year yield fell to reach 4.48%, while the 30-year bond traded up to 3.89%. Elsewhere in economic news, data from the US Census Bureau showed that new orders for US manufactured goods climbed 0.4% in April from the previous month. That represented a slowdown from the downwardly revised 0.6% gain in March and missed economists expectations of a 0.8% increase. Investors are closely watching economic data releases for signs of whether the Fed will continue to hike interest rates. Markets are pricing in a 79% chance that the Fed will hold interest rates steady at its June 13-14 meeting, according to CME's FedWatch tool. Story continues Jim Reid of Deutsche Bank wrote to clients Monday morning that May's Consumer Price Index, slated for release on Tuesday, "might be the main thing that shifts those odds towards a hike if the report is strong." “If the Fed wants to subtly communicate to the market one way or another ahead of next week, then well placed media stories might surface. However before CPI, that does seem unlikely, as nothing will be 100% decided until then. We are back to having a fair bit of uncertainty over the near-term Fed outlook, though,” Reid added. File - People stand outside of the Steve Jobs Theater before an event on Wednesday, Sept. 12, 2018, in Cupertino, Calif., where Apple is set to hold its annual event Monday. (AP Photo/Marcio Jose Sanchez, File) (ASSOCIATED PRESS) Elsewhere, Apple Inc. ( AAPL ) unveiled its new hardware product on Monday at its Worldwide Developers Conference, in Cupertino, California. The iPhone maker's shares moved lower following the highly anticipated release. In other news, shares of Palo Alto Networks, Inc. ( PANW ) climbed over 4% amid news that the stock will join the S&P 500 index , replacing Dish Network ( DISH ). Separately, bitcoin ( BTC-USD ) fell to below $26,000, after crypto exchange Binance Holdings and its founder Changpeng Zhao are facing allegations of breaking US securities laws. Prices of major cryptocurrencies took a hit Monday amid SEC lawsuit with shares of Coinbase Global, Inc. ( COIN ) plunging more than 10%. Shares of Palantir Technologies Inc. ( PLTR ) rallied more than 4% after the data analytics software company said it was awarded a contract to deliver technology to the U.S. Special Operations Command. __ Dani Romero is a reporter for Yahoo Finance. Follow her on Twitter @daniromerotv Click here for the latest stock market news and in-depth analysis, including events that move stocks Read the latest financial and business news from Yahoo Finance Download the Yahoo Finance app for Apple or Android Follow Yahoo Finance on Twitter , Facebook , Instagram , Flipboard , LinkedIn , and YouTube... - Reddit Posts (Sample): [['u/buttcoin_lol', 'Why this time is different: no fiat on/off ramps means no financial future for crypto', 28, '2023-06-11 00:49', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/', "I've been hodling for years and this is the only time that scares me.\n\nI'm specifically talking about the SEC cutting Binance off from USD transfers.\n\nEvery other crisis before I know I could ride out, because I know sentiment is cyclical and prices recover in the long run. I can wait out bear markets and whatever FUD, no problem.\n\nThis time is different because now, I can't rely on an exchange to exist at the end of my long-term hodling to be there to cash out. I'm not one of those people who think BTC will replace fiat and we're all going to transact in crypto. No, the IRS is not going to accept BTC for taxes, ever. McDonald's is not going to. I can't buy a house with crypto. \n\nEven if I wait long enough and BTC is worth $1 million, it's useless to me if there are no exchanges or banks around anymore willing to mess with the government to give me those dollars.\n\nThe SEC is not going to stop with Binance. Coinbase is next, then Kraken, and they will drive out the common ways for people to cash out, until we have to use small sketchy sites based in Bermuda or wherever.\n\nCoinbase can put up a fight. It doesn't matter because their banking partners won't. Banks will cut ties to avoid the risk of being near crypto, and make money somewhere safer.\n\nTell me how crypto can be a good investment seeing how the entire asset class is going to be blacklisted and cut off from the US financial system.", 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/', '146dkt0', [['u/jebelsbemdisbe', 11, '2023-06-11 00:53', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnppnoy/', 'Sell me your coins then', '146dkt0'], ['u/StonedRex', 19, '2023-06-11 00:53', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnppp0w/', 'We can still do P2P sales of crypto. Or you can go to a country that is not the US and cash out your crypto.', '146dkt0'], ['u/Onnimation', 63, '2023-06-11 00:54', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpps2s/', 'Remember there was also a time when alcohol and weed was banned in the US and look what happened.', '146dkt0'], ['u/ZelWinters1981', 12, '2023-06-11 00:54', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpptna/', "It's not just the US. Binance has cut direct FIAT transfers in Australia too.", '146dkt0'], ['u/Einsatzpause', 47, '2023-06-11 00:57', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpq7ow/', "There are more countries than the USA.\n\nIt sucks for you guys, you've got elections coming up next year. Maybe you should give your vote to a candidate who is more crypto friendly.", '146dkt0'], ['u/Onnimation', 19, '2023-06-11 01:07', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnprd14/', 'Unless you ban the internet, people can always trade crypto.', '146dkt0'], ['u/VileNonShitter', 13, '2023-06-11 01:08', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnprjxj/', 'Physical products and services are your on/off ramp, just as Satoshi planned.', '146dkt0'], ['u/StoryPale', 287, '2023-06-11 01:09', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnprm7a/', "The world is much bigger than the US, it's really unfortunate this is happening since US was a crypto haven for a long time but gotta move on.", '146dkt0'], ['u/Therowerr', 13, '2023-06-11 01:17', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpsoij/', 'Exactly, other countries can still adopt crypto...', '146dkt0'], ['u/easer888', 14, '2023-06-11 01:20', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpsymk/', 'Every time and cycle its the same, people freaking out because there is dropping hard, but eventually goes UP!\n\nprobably all this FUD will convert into FOMO middle of next year', '146dkt0'], ['u/bccrz_', 44, '2023-06-11 01:26', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnptr2x/', 'Bitcoin isn’t in danger since it’s a commodity. As long as there are on-ramps to BTC, there can be indirect on-ramps to other cryptocurrencies, right?', '146dkt0'], ['u/burn-slippy', 21, '2023-06-11 01:29', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpu0fe/', 'All this regulation, US is setting up for the introduction of thier cbdc. Nigeria has already done this and their eNaira failed with a user rate of 0.05% of population while crypto use is still aprox 32%. Goverments that are a democracy will always struggle to gain adoption from citizens through choice. I would start worring when goverments start changing laws to make cbdc the sole legal tender for their country.', '146dkt0'], ['u/Savik519', 13, '2023-06-11 01:31', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpubs0/', 'First they ignore you\n\nThen they laugh at you\n\nThen they fight you\n\nThen Bitcoin wins.', '146dkt0'], ['u/Savik519', 40, '2023-06-11 01:38', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpv6p4/', 'Same with gold…', '146dkt0'], ['u/Buttsydon1', 21, '2023-06-11 01:52', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpwujo/', 'Cash out for £ on a exchange in uk an swap £ for $ to cash out.', '146dkt0'], ['u/Odysseus_Lannister', 11, '2023-06-11 01:59', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpxmol/', 'Yeah I’m still not voting for desantis even if that means crypto dies in my country. Hello cold storage and VPNs then.', '146dkt0'], ['u/Radiologer', 13, '2023-06-11 02:03', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpy6z1/', 'Are the stores that accept crypto for goods and services in the room with us now?', '146dkt0'], ['u/Baecchus', 38, '2023-06-11 02:03', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpy7lz/', "People don't seem to understand this.\n\nWorst case scenario: BTC is safe. Altcoins aren't.\n\nBTC will continue to get adopted by institutions and users. Altcoins might not.\n\nNothing about BTC has changed.", '146dkt0'], ['u/Baecchus', 17, '2023-06-11 02:06', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpyhz6/', "The thing is the US has the biggest influence and share on Crypto by far and whatever happens in the US will reflect everywhere else.\n\nYou can expect most other countries to follow in their footsteps. I don't like it, I'm just saying it like it is.", '146dkt0'], ['u/Baecchus', 13, '2023-06-11 02:11', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpz2r7/', 'Lightning network. \n\nWhat do 99% of these altcoins do outside of luring in naive people to use them as exit liquidity?', '146dkt0'], ['u/vnielz', 19, '2023-06-11 02:22', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnq0fcy/', 'Imo that influence could shift also as more great crypto companies already find their bases outside the US, also BRICS getting stronger, and innovation rapidly grows in Asia and africa too.\n\nTime will tell i guess', '146dkt0'], ['u/Machete521', 15, '2023-06-11 02:29', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnq19sm/', 'ABSOLUTE worst case? Peer to peer.', '146dkt0'], ['u/Eww_vegans', 44, '2023-06-11 02:30', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnq1etz/', 'US plus China is 40% of global GDP... Crypto needs liquidity to survive.', '146dkt0'], ['u/apathy420', 10, '2023-06-11 02:43', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnq2uuk/', 'Yeah… PayPal you can easily convert currency too. I do it all the time as one of my side gigs pays in GBP and I swap for usd.\n\nWhere there’s a will there’s a way :) FU sec and government. Go after the real financial criminals… oh wait that’s the lawmakers and their cronies', '146dkt0'], ['u/Kindly-Wolf6919', 117, '2023-06-11 03:01', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnq50k8/', "Correct. We can thank the US for bringing crypto this far. But it seems like they'll be passing on the torch soon. But I must say, the Caribbean is approaching crypto with a very open mind, as well as Europe. There is hope yet!", '146dkt0'], ['u/ptrnyc', 16, '2023-06-11 03:08', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnq5siw/', 'Also the EU seems to be wanting to adopt a much more nuanced stance regarding crypto.', '146dkt0'], ['u/fall0ut', 13, '2023-06-11 03:10', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnq629u/', 'Brics will never take over as a global currency. The world is not going to trust Russia, china, or Brazil. Brics is not getting stronger. H... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Renown crypto billionaire Cameron Winklevoss says the youth vote rescued the U.S. Democratic party from defeat in 2020—and that alienating them now will mean "lost votes" in the next election cycle.\n"Senator Warren and Gary Gensler’s war on crypto is going to alienate an entire generation of would-be Democrats," he tweeted.\nHis twin brother Tyler, with whom he co-founded crypto exchange Gemini in 2014, concurred.\n“Roe [v. Wade] cost Republicans the midterms,” Tylertweetedon Sunday. “The Sen. Warren and Gary Gensler war on crypto will cost Dems the 2024 election.”\nAndreessen Horowitz Opening Crypto Office in London\nCameron Winklevosstook to Twitterto denounce efforts by U.S. SenatorElizabeth Warrenand Head of the SECGary Genslerto undermine the cryptocurrency industry, saying their actions might have dire consequences for the Democratic party.\n“Crypto has already won the hearts and minds of Millennials and GenZ," Winklevosstweeted, adding that "they don’t debate the merits of crypto; and they won’t forget the value destruction Warren and Gensler have caused."\nCameron shared aCNN headlinefrom 2022 that indicates the Democrats saved face in last year’s elections thanks to young people. To the crypto entrepreneur, the current regulatory environment could blow up in their face.\nThe Winklevoss twins are long-time Bitcoin permabulls, calling for a$500,000bitcoin price point. Although Cameron has no official party line, he hassupportedRepublican candidates in the past.\nThese statements come amid aggressive actions from Warren and Gensler, two Democratic party members.\nWhat’s the Difference Between the Binance and Coinbase SEC Lawsuits?\nThe former Olympic rowerproposestwo explanations: "[The] blue establishment either doesn\'t understand what\'s going on with Warren and Gensler, or are grossly miscalculating the impact of their actions on youth vote this upcoming election cycle."\nWarren has made headlines this year for her "Anti Crypto Army." She has also claimed that the technology helpsfund the deadly fentanyltrade, broadlydeclaringthat crypto is used by criminals.\nGensler, a staunch critic of cryptocurrencies, is also in the spotlight this week, after the SEC charged bothCoinbaseandBinancewith breaking U.S. securities laws.\nNot all Democrats are anti-crypto, however. Presidential candidate Robert Kennedy Jr., ispro-Bitcoin, appearing as keynote speaker at the recent Bitcoin 2023 conference.\nGensler Is Driving Crypto to Communist China, Says Republican Congressman\nRepublicans, on the other hand, seem much more open to the idea of cryptocurrency.\nWyoming senator Cynthia Lummis, dubbed the "Bitcoin Senator," has beenchampioningBitcoin for years. Republican House Majority Whip Tom Emmer (R-MN) is considered "crypto-friendly."And Ron DeSantis, Governor of Florida and Republican presidential candidate, has meanwhileoutlawedCentral Bank Digital Currencies (CBDCs) in his state.\nThe numbers for crypto appear to be on the Winklevoss’ side. According to areportby Coinbase, approximately 66 million Americans (or 20% of the entire population) own digital assets.\n"They may not care about crypto, but they will care about the lost votes," Cameronconcluded.', 'Renown crypto billionaire Cameron Winklevoss says the youth vote rescued the U.S. Democratic party from defeat in 2020\x97and that alienating them now will mean "lost votes" in the next election cycle. "Senator Warren and Gary Gensler\x92s war on crypto is going to alienate an entire generation of would-be Democrats," he tweeted. His twin brother Tyler, with whom he co-founded crypto exchange Gemini in 2014, concurred. \x93Roe [v. Wade] cost Republicans the midterms,\x94 Tyler tweeted on Sunday. \x93The Sen. Warren and Gary Gensler war on crypto will cost Dems the 2024 election.\x94 Andreessen Horowitz Opening Crypto Office in London Cameron Winklevoss took to Twitter to denounce efforts by U.S. Senator Elizabeth Warren and Head of the SEC Gary Gensler to undermine the cryptocurrency industry, saying their actions might have dire consequences for the Democratic party. \x93Crypto has already won the hearts and minds of Millennials and GenZ," Winklevoss tweeted , adding that "they don\x92t debate the merits of crypto; and they won\x92t forget the value destruction Warren and Gensler have caused." Cameron shared a CNN headline from 2022 that indicates the Democrats saved face in last year\x92s elections thanks to young people. To the crypto entrepreneur, the current regulatory environment could blow up in their face. The Winklevoss twins are long-time Bitcoin permabulls, calling for a $500,000 bitcoin price point. Although Cameron has no official party line, he has supported Republican candidates in the past. These statements come amid aggressive actions from Warren and Gensler, two Democratic party members. What\x92s the Difference Between the Binance and Coinbase SEC Lawsuits? The former Olympic rower proposes two explanations: "[The] blue establishment either doesn\'t understand what\'s going on with Warren and Gensler, or are grossly miscalculating the impact of their actions on youth vote this upcoming election cycle." Story continues Warren has made headlines this year for her " Anti Crypto Army ." She has also claimed that the technology helps fund the deadly fentanyl trade, broadly declaring that crypto is used by criminals. Gensler, a staunch critic of cryptocurrencies, is also in the spotlight this week, after the SEC charged both Coinbase and Binance with breaking U.S. securities laws. Not all Democrats are anti-crypto, however. Presidential candidate Robert Kennedy Jr., is pro-Bitcoin , appearing as keynote speaker at the recent Bitcoin 2023 conference. Gensler Is Driving Crypto to Communist China, Says Republican Congressman Republicans, on the other hand, seem much more open to the idea of cryptocurrency. Wyoming senator Cynthia Lummis, dubbed the " Bitcoin Senator ," has been championing Bitcoin for years. Republican House Majority Whip Tom Emmer (R-MN) is considered " crypto-friendly ." And Ron DeSantis, Governor of Florida and Republican presidential candidate, has meanwhile outlawed Central Bank Digital Currencies (CBDCs) in his state. The numbers for crypto appear to be on the Winklevoss\x92 side. According to a report by Coinbase, approximately 66 million Americans (or 20% of the entire population) own digital assets. "They may not care about crypto, but they will care about the lost votes," Cameron concluded .', "(Some Fortune Crypto pricing data is provided by Binance.)The price of tokens tied to some of the best known blockchains plummeted on Friday days after the Securities and Exchange Commission declared them to be securities in complaints filed against Bitcoin and Ethereum experienced only minor dips, other well-known crypto projects took a beating.\nAs of Sunday evening, the price of Solana's SOL token was down nearly 30% over seven days, while Polygon's MATIC token and Cardano's ADA were down 28% and 29.5%, respectively, over the same period.\nWhile crypto prices slumped across the board following the SEC complaints, which dropped last Monday and Tuesday, it was only on Friday that markets experienced a massive sell-off.\nThe cause of Friday's plunge appears to be a decision by some of the biggest crypto market makers and trading firms to dump their holdings. A Coindeskreportpointed totweetsfrom the analytics firm LookOnChain, which cited blockchain data to say wallets tied to Cumberland, Jump Trading and Robinhood had off-loaded a large volume of tokens to exchanges.\nThese firms' large holdings, combined with an illiquid trading environment following the SEC declaration, likely led to an especially steep drop in prices. Meanwhile, Robinhood on Friday announcedit would delistSolana, Cardano, and Polygon from its exchange as of June 27—another likely blow to their value.\nSolana and Cardano are so-called layer-1 blockchains, which aspire to challenge Ethereum, while Polygon is a side-chain that helps process Ethereum transactions more efficiently. While they took the biggest price hit, other well-known blockchains also experienced a big blow in the wake of the SEC complaints.\nThe seven-day price for tokens tied Filecoin and Internet Computer—both of which were also labelled as securities by the SEC—were down 26% and 24%, respectively, on Sunday. Meanwhile, a number of well-known older projects, notably Litecoin and Dogecoin, were not labelled as securities and have fallen by around 15%.\nThe crypto industry has long decried what it claims has been a lack of guidance from the SEC when it comes to determining which blockchain tokens are securities. The issue is the subject of a closely watchedlegal battlebetween the agency and Ripple, which is associated to the XRP token. A decision is expected as soon as this summer.\nBitcoin, which is down 4% over the past week, is the only token that the SEC has stated not to be a security. Ethereum, whose legal status is unclear, is down 7%. The two tokens are by far the biggest cryptocurrencies by market cap.\nThis story was originally featured onFortune.com\nMore from Fortune:5 side hustles where you may earn over $20,000 per year—all while working from homeLooking to make extra cash? This CD has a 5.15% APY right nowBuying a house? Here's how much to saveThis is how much money you need to earn annually to comfortably buy a $600,000 home", "(Some Fortune Crypto pricing data is provided by Binance.) The price of tokens tied to some of the best known blockchains plummeted on Friday days after the Securities and Exchange Commission declared them to be securities in complaints filed against Bitcoin and Ethereum experienced only minor dips, other well-known crypto projects took a beating. As of Sunday evening, the price of Solana's SOL token was down nearly 30% over seven days, while Polygon's MATIC token and Cardano's ADA were down 28% and 29.5%, respectively, over the same period. While crypto **Last 60 Days of Bitcoin's Closing Prices:** [30399.07, 30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-12 **Financial & Commodity Data:** - Gold Closing Price: $1955.30 - Crude Oil Closing Price: $67.12 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $501,788,921,156 - Hash Rate: 399859029.4740175 - Transaction Count: 370634.0 - Unique Addresses: 617352.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.47 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: If there is one cause for consensus in crypto after a disastrous 2022 it's that centralized crypto lending carries a particular cause for concern. The rehypothecation of customer assets allowed crypto firms to grow rapidly until they collapsed under the weight of these risks. Rehypothecation is the technical terms used when financial platforms reinvest their depositors' assets to further those platform’s access to credit. This practice is the norm in traditional finance – so deeply ingrained in the operating behavior of the legacy financial system that not doing so is dismissed out of hand as less efficient. Christopher Calicottis the managing director ofTrammell Venture Partners, an Austin-based venture capital firm focused on seed- and early-stage startups. Applying this behavior onto bitcoin or crypto ignores the fundamental essence of these assets arising from a core bitcoin innovation. Scenarios like these will repeat into the future as long as the market is not effectively acknowledging and pricing the risk of rehypothecated collateral. The risk to a customer is fundamentally different when there is and when there is not rehypothecation of the customer’s collateral. Hypothecation occurs when a person or entity takes a loan and receives an interest rate based on providing collateral, like when bitcoin is posted as collateral to a lender. The promise made by the lender is that when you pay off your loan, you will receive your collateral back. However, lenders themselves often take leverage based on assets on their balance sheet and get credit on other platforms – providing themselves with additional credit for their own use using the customer’s originally posted collateral. This process is called rehypothecation. Deep in the fine print, that promise to return a borrower’s collateral is conditioned upon there being collateral available to return. The very common use of rehypothecation in traditional finance created a sense of normal for how to treat assets – financial or otherwise. And as the bitcoin and crypto industry has grown, many from TradFi have brought those norms with them. Scratch the surface of many crypto firms and you’ll find them using customer deposits to further their business goals (often while stressing the importance of “sovereign” money like cryptocurrencies). An inescapable reality of this practice in TradFi is that it functions fundamentally via the system of fractional reserve banking. Dollars are largely created through the system of central banking which is awash in cheap liquidity, and in the event of a crisis scenario, the government opens the liquidity pump further. Fractional reserve banking necessarily incentivizes risk taking. When credit dries up, the stated goal for opening the spigot: to incentivize lenders to take risks and put capital to work via credit. In this way, the normal market forces to identify weakness are mitigated and the cycle perpetuates. However, these fundamental differences between dollars and bitcoin are not often well enough understood and it is an error to proceed with bitcoin using the same rehypothecation approach. See also:Why Bitcoin and Rehypothecation Don’t Mix| Opinion To illustrate, the software industry has enjoyed the margins it does because of the inherent ease in replication of digital information: there’s essentially zero marginal cost to produce one additional unit of a digital product. Consequently, with music, movies and software, an entire digital rights management industry emerged with the internet to thwart free duplication of products. Given that backdrop, a foundational innovation for Bitcoin was Satoshi’s solution for creating something that is provably digitally scarce – there can only ever be 21 million bitcoins – presenting us with something unusual for finance. There is a fundamentally different risk profile for collateral that is unique from that which is being continuously created or can be reproduced at will. We must treat both bitcoin’s custody and the pricing of risk in bitcoin lending markets differently than an asset backed by a seemingly endless supply of dollars. The reason is simple: if someone loses your bitcoin, there is no way to make more of them to make you whole. They are truly, irrevocably gone. Traditionally oriented lenders balk at the very idea of non-rehypothecated collateral for their loans. They would argue that a pure balance sheet loan – making a loan as an investment of your own capital risk – is less efficient than rehypothecation. To be sure, a company’s potential returns would not be a juicy as those when leverage has been taken by rehypothecating a borrower’s collateral, getting more dollars and originating even more loans in a cycle that repeats itself for that specific lender. However, borrowers often lack the information needed to understand the risks they take when posting collateral to a lender who only offers this model, even though this currently represents nearly all centralized crypto lenders. In the fallout of the failures in crypto and now in banking – where customer deposits above a certain threshold are treated as if the depositor was there with an investor’s hat on – it’s obvious that those depositors and borrowers did not intend to invest in the platform’s (or bank’s) business. Yet, in a failure depositors find themselves suddenly a creditor of the failed business. For an everyday retail customer pursuing a personal loan and being asked to post bitcoin as collateral, it would seem sensible that they understand what is going to happen with their money and therefore have an understanding of what kind of overall risk they are taking when getting their loan. $5 words like “rehypothecation” are rarely understood by borrowers today. Education for market participants is the most effective way to bridge the gap between the status quo in finance and the true benefits of a sustainable path forward in light of the emergence of Bitcoin and digital scarcity. One powerful way for market participants – borrowers in this case – to get a sense of the risk involved is simply to ask what will happen to their collateral before repayment of their loan. Fortunately, the key learning for these customers is a simple truth: Non-rehypothecated lending is a superior and objectively lower risk way to take out a loan and would naturally be worth some premium for many customers. This could take the form of lower interest rates for higher risk loans or higher fees for safer, non-rehypothecated loans. A more transparent market would offer both loan types and respective interest rates side by side. An informed borrower considering the risks and costs could choose the lower rate/higher risk loan, but they would do it from a place of informed consent and not unexpectedly find themselves to be a creditor in a platform’s bankruptcy proceeding, possibly having lost their bitcoin forever. During the last bull cycle, we have seen risk taking with customer’s assets at a shocking level. Until we see more information in the market about how customers’ assets are used on platforms and a recognition that bitcoin and digital scarcity needs to be thought of fundamentally differently than in traditional finance, it appears likely that these highly leveraged scenarios and subsequent asset losses will repeat themselves in the future.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin rose in Tuesday morning trading in Asia, but failed to break through the US$26,000 ceiling. Ether slipped, while other top 10 non-stablecoin cryptocurrencies by market capitalization were mixed. Solana and BNB led the losers. SEC chairman Gary Gensler doubled down on why he is suing crypto exchanges as two U.S. congressmen proposed a bill to restructure the SEC and remove Gensler. Meantime, Ripple awaits the release of critical evidence that may shape its separate legal battle with the SEC.\nBitcoin rose 0.12% over the last 24 hours to US$25,928 at 7:00 a.m. in Hong Kong, gaining 0.8% in the past seven days. Ether slipped 0.66% to US$1,742, posting a 3.6% loss for the week.\nOut of other top 10 cryptocurrencies, Solana and Binance’s BNB token were the biggest losers.\nThe two are among those that the U.S. Securities and Exchange Commission (SEC) classified as illegally issued financial securities in lawsuits filed early last week against U.S. crypto exchanges Coinbase and Binance.US. The SEC has also filed to freeze the assets of Binance.US.\nSolana lost 2.18% to US$15.20 for a weekly slump of 23.98%. The BNB token fell 2.19% to US$230.60, a drop of 16.08% over the past week.\nPolygon and Cardano – two other crypto tokens named by the SEC as securities – gained on Tuesday morning but both are still down more than 20% since the SEC action.\nPolygon rose 1.40% to US$0.6434 for a weekly fall of 22.72%. Cardano gained 1.01% to US$0.2755 while losing 21.52% in value in the past week.\nSEC chairman Gary Gensler reemphasized the agency’s determination to strictly regulate the crypto sector in a repost on Twitter of hisstatementmade last week. “There’s nothing about the crypto securities markets that suggests that investors & issuers are less deserving of the protections of our securities laws,” Genslertweeted.\nThe backlash against Gensler’s move to sue crypto exchanges is also growing:\xa0 #FireGaryGensler was trending on Twitter Tuesday morning in Asia as U.S. Republican Congressman Warren Davidson said Monday he filed a bill to restructure the SEC and in the process remove Gensler. The bill was backed by Republican Congressman Tom Emmer, but would need support from Democrats to go anywhere.\nCharlie Morris, managing partner of blockchain-focused venture capital CMCC Global, toldForkastin an email: “Rather than offering transparent regulation, the US is regulating by enforcement. This is resulting in uncertainty for project teams and investors, and markets do not like uncertainty.”\nMorris compared the U.S. approach to other regions: “It is interesting that this very negative approach to the digital asset sector appears to be localized in the U.S. This morning [UK Prime Minister] Rishi Sunak struck a very positive tone in welcoming Web3, andHong Konghas seen some very positive developments over the last couple of months.“\nOn Monday, Sunakwelcomedcrypto and blockchain-focused venture capital investor Andreessen Horowitz (a14z), which is setting up its first office outside of the U.S. in London.\nThe XRP token rose 1.07% to US$0.5243 Tuesday morning in Asia, bringing its weekly gain to 3.87%. Ripple Labs Inc., the cryptocurrency’s supervising entity, was sued by the SEC in December 2020, alleging XRP was offered and sold as an unregistered security.\nRipple Labs Chief Executive Officer Brad Garlinghouse on Monday made reference to the so-called “Hinman documents” named after former SEC director William Hinman, who said in an earlier speech that sales of the Ether token were not securities transactions. The comments are a major point of argument between the SEC and Ripple as Ripple seeks to bolster itsfair notice defense.\nIn a Mondaytweet, Garlinghouse said the documents, expected to be unsealed on Tuesday, were “worth the wait.”\nRulings in the Ripple and SEC case are expected to have ramifications across the entire crypto industry in setting how U.S. authorities classify cryptocurrencies.\nThe total cryptocurrency market cap lost 0.58% to US$1.05 trillion in the last 24 hours, while daily trading volume increased by 26.85% to US$30.58 billion, according to CoinMarketCapdata.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, the Forkast 500 NFT index lost 1.64% to 2,974.36 in the 24 hours to 8:30 a.m. in Hong Kong. The index is down 9.69% for the week.\nTotal NFT sales fell 10.56% to US$19.3 million. Sales on Ethereum, the leading blockchain by volume, fell 18.31% over the last 24 hours to US$11.49 million, according to CryptoSlamdata.\n“The market is struggling due to low ETH volume, lowering prices, etc. The SEC filings is really beginning to impact the market,” said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News.\nThe Bitcoin network was the second largest NFT network in terms of sales transactions, despite losing 28.04% to US$2.1 million in the last 24 hours.\nInscriptions – the metadata added and stored into the smallest unit of Bitcoin, or Satoshis – may get anupgradeto allow them to be larger than 4 megabytes. “Now an inscription can reference another inscription, allowing more data to be stored and referenced. Generative art, games, etc, can now probably be stored on-chain,” said Petscher.\nBitcoin Ordinals and inscriptions are two new features to Bitcoin that were introduced in 2023 — Ordinals are unique identifiers for individual satoshis, while inscriptions are a way to attach metadata to satoshis.\nMythos chain-based DMarket recorded the highest sales as an NFT collection on Cryptoslam, with US$1.08 million in daily sales. DMarket is a global marketplace for trading in-game NFT items and goods that are powered by the Mythos blockchain.\nEthereum-based Bored Ape Yacht Club recorded the second highest sales in the past 24 hours of US$908,147, but that was a steep decline of 45.51% in the 24 hours.\nU.S. stock futures were little changed as of 9:50 a.m. in Hong Kong after gains in regular trading the previous day. Dow Jones Industrial Average futures fell 0.035%, while Nasdaq Futures gained 0.17%. S&P 500 futures edged 0.058% higher.\nDuring Monday’s regular trading, the Dow climbed 0.56%. The S&P 500 added 0.93%, and the Nasdaq jumped 1.53%.\nThe gains came on expectations the Federal Reserve will leave interest rates unchanged when it meets on Wednesday, according toTradingEconomics. U.S. rates are at 5% to 5.25%, the highest since 2006 after ten consecutive hikes that started in March 2022 to slow the pace of inflation that surged to 40-year highs at one stage.\n“Despite a stubbornly robust labour market and still too-sticky inflation, the markets now expect the world’s most influential central bank to pause its interest hike agenda this month,” said Nigel Green, founder and chief executive officer of financial management group deVere, in an email\xa0 statement.\n“This will firmly signal that progress is being made in the battle to cool inflation and this will buoy investors across the board, finally providing a boost to sectors which have been unloved so far this year,” Green added.\nThe CME FedWatch Tool predicts a 80.4% chance the Fed will leave rates as is at this week’s meeting, and a 19.6% chance for another 25-basis-point rate hike.\nHowever, former Fed vice chair Roger Ferguson toldCNBClast Friday that the central bank may raise rates later in the year even if it skips this time.\nThe monthly U.S. Consumer Price Index (CPI), a key inflation indicator, is released Tuesday for May and expectations are for a reading of 4.1% from 4.9% the prior month to indicate inflation is slowing, according toReuters.\n(updates with equity section)', 'Bitcoin rose in Tuesday morning trading in Asia, but failed to break through the US$26,000 ceiling. Ether slipped, while other top 10 non-stablecoin cryptocurrencies by market capitalization were mixed. Solana and BNB led the losers. SEC chairman Gary Gensler doubled down on why he is suing crypto exchanges as two U.S. congressmen proposed a bill to restructure the SEC and remove Gensler. Meantime, Ripple awaits the release of critical evidence that may shape its separate legal battle with the SEC. Crypto mixed Bitcoin rose 0.12% over the last 24 hours to US$25,928 at 7:00 a.m. in Hong Kong, gaining 0.8% in the past seven days. Ether slipped 0.66% to US$1,742, posting a 3.6% loss for the week. Out of other top 10 cryptocurrencies, Solana and Binance\x92s BNB token were the biggest losers. The two are among those that the U.S. Securities and Exchange Commission (SEC) classified as illegally issued financial securities in lawsuits filed early last week against U.S. crypto exchanges Coinbase and Binance.US. The SEC has also filed to freeze the assets of Binance.US. Solana lost 2.18% to US$15.20 for a weekly slump of 23.98%. The BNB token fell 2.19% to US$230.60, a drop of 16.08% over the past week. Polygon and Cardano \x96 two other crypto tokens named by the SEC as securities \x96 gained on Tuesday morning but both are still down more than 20% since the SEC action. Polygon rose 1.40% to US$0.6434 for a weekly fall of 22.72%. Cardano gained 1.01% to US$0.2755 while losing 21.52% in value in the past week. SEC chairman Gary Gensler reemphasized the agency\x92s determination to strictly regulate the crypto sector in a repost on Twitter of his statement made last week. \x93There\x92s nothing about the crypto securities markets that suggests that investors & issuers are less deserving of the protections of our securities laws,\x94 Gensler tweeted . The backlash against Gensler\x92s move to sue crypto exchanges is also growing:\xa0 #FireGaryGensler was trending on Twitter Tuesday morning in Asia as U.S. Republican Congressman Warren Davidson said Monday he filed a bill to restructure the SEC and in the process remove Gensler. The bill was backed by Republican Cong **Last 60 Days of Bitcoin's Closing Prices:** [30485.70, 30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-13 **Financial & Commodity Data:** - Gold Closing Price: $1944.60 - Crude Oil Closing Price: $69.42 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $507,919,979,875 - Hash Rate: 374390301.4820418 - Transaction Count: 410483.0 - Unique Addresses: 682607.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.45 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • Galaxy Digital will move more of its operations offshore, Mike Novogratz says. • High-profile collapses have created a "regulatory headache" for the crypto firm in the US, he told analysts. • "We still have a hangover … from the denting of trust that FTX and other bad actors in the space created," Novogratz added. Crypto investing giant Galaxy Digital is set to move more of its operations offshore because of a difficult regulatory environment in the US, its CEO Mike Novogratz said Tuesday. The billionaire investor and bitcoin bull told analysts that the collapse of high-profile digital asset firms including failed exchange FTX have led to a crackdown in the US, leading to Galaxy focusing on accelerating growth abroad. "When I look at the short term, we still have a regulatory headache in the United States," Novogratz said on aconference callafter the firm published its first-quarter earnings. "I don't see that breaking anytime soon." "We still have a hangover, as well, from the denting of trust that FTX and other bad actors in the space created," he added. Novogratz believes that crypto has entered a period of short-term "stasis" in the US because financial watchdogs like the Securities and Exchange Commission will continue to "regulate with lawsuits." American regulators launched a crypto crackdown after FTX imploded in November, targeting exchanges including Binance US, Kraken, and Gemini. The increased scrutiny has prompted some firms to open offices elsewhere. Galaxy recently added a new team of traders in Hong Kong, whileCoinbaseCEO Brian Armstrong toldBloomberg TVon Monday that his firm is evaluating the United Arab Emirates as a potential new crypto hub. Bitcoinhas started the year on a tear despite regulatory pressures, rallying 67% after a dismal 2022. Those gains boosted Galaxy's bottom line as well, with the investment firm logging first-quarter net income of $134 million Tuesday, compare to a $288 million loss in the three months ending December 31. Galaxy's Toronto-listed shares edged up just under 1% after it posted its latest earnings report, trading at just over 5 Canadian dollars at the closing bell. Read more:From Sam Bankman-Fried's arrest to bitcoin plunging below $20,000, here are the 9 craziest crypto stories of 2022 Read the original article onBusiness Insider... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening: Prices: Crypto traders are optimistic about the Fed skipping a rate hike. Insights: Hong Kong has rules for crypto, but they aren\'t that great. Prices CoinDesk Market Index (CMI) 1,103 −0.3 ▼ 0.0% Bitcoin (BTC) $25,948 +52.6 ▲ 0.2% Ethereum (ETH) $1,740 −1.7 ▼ 0.1% S&P 500 4,369.01 +30.1 ▲ 0.7% Gold $1,957 +1.7 ▲ 0.1% Nikkei 225 33,018.65 +584.7 ▲ 1.8% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,103 −0.3 ▼ 0.0% Bitcoin (BTC) $25,948 +52.6 ▲ 0.2% Ethereum (ETH) $1,740 −1.7 ▼ 0.1% S&P 500 4,369.01 +30.1 ▲ 0.7% Gold $1,957 +1.7 ▲ 0.1% Nikkei 225 33,018.65 +584.7 ▲ 1.8% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin is opening Asia’s trading day at $25,948, up 0.2%, while ether is at $1,740, down 0.1%. Edward Moya, a Senior Market Analyst with OANDA, sees the likely possibility of the Fed skipping a rate hike on Wednesday ( prediction markets are giving it a 96% chance of happening) and increased regulatory scrutiny of altcoins as fuel for bitcoin’s support. "Cooling inflation report is fueling this bull market as the Fed should have no problem skipping a rate hike on Wednesday. Wall Street is becoming a little bit hopeful here that an FOMC June skip could eventually become a July pause," Moya said in a note. “Bitcoin remains stable around the $26,000 level as investors consider reducing altcoin exposure and increasing Bitcoin holdings.” Driven by falling car wholesale prices and weaker consumer support, disinflation, alongside the likely rate hike skip, is causing a decrease in the dollar\'s value, Moya observes, and a steady demand for used vehicles, and clothing among other necessities; China\'s stimulus package and expected Saudi oil price cuts have uplifted crude oil prices, and while low inflation initially boosted gold, continued stock growth may limit its rise. Story continues At the same time, one key bitcoin technical analysis indicator, the moving average convergence divergence (MACD), has flipped bearish , signaling a possible extended price slide, despite Bitcoin maintaining support at $25K. In CoinDesk’s coverage of this, however, analysts noted U.S. inflation figures and the Fed’s possible rate hike skip could also impact Bitcoin\'s price performance. Biggest Gainers Asset Ticker Returns DACS Sector Avalanche AVAX +1.2% Smart Contract Platform Terra LUNA +0.7% Smart Contract Platform Chainlink LINK +0.7% Computing Biggest Losers Asset Ticker Returns DACS Sector XRP XRP −2.9% Currency Solana SOL −2.5% Smart Contract Platform Polygon MATIC −2.4% Smart Contract Platform Insights Hong Kong\'s Crypto Rules Aren\'t Going to Bring in Exchanges Amid an ongoing lawsuit from the Securities and Exchange Commission (SEC), one Hong Kong lawmaker has invited Coinbase to set up shop in the territory. After all, Hong Kong is in the process of making rules for crypto . In the U.S., Coinbase has to sue to try and compel the SEC to make rules for it to operate. So on paper Coinbase making a move to another jurisdiction would make sense, and Hong Kong, with its rulebook and traditional position as a fast-moving market hub in Asia, would be a logical place to move to. In theory. But the reality on the ground is that Hong Kong’s rulebook itself isn’t all that attractive to crypto exchanges. First, the number of tokens available to trade will be limited compared to what users can expect from established exchanges. Per rules from the Securities and Futures Commission, Hong Kong’s securities watchdog, there needs to be a 12-month cooling off between token launch and listing. Stablecoins are banned, as are crypto derivatives, earn or lend programs and likely staking services too. Airdrops are a huge no-no. “Hong Kong\'s framework as it exists today is highly unattractive. The market is small and unproven, banking partnerships are non-existent, and products are highly restricted,” Leo Weese, co-founder and President of the Bitcoin Association of Hong Kong, told CoinDesk. Weese says that the Asian markets are “fundamentally different” from their Western counterparts, and Coinbase would not automatically succeed in Hong Kong, even if they were willing to give up their current customer base. “What makes Hong Kong potentially attractive is that many tokens are not deemed securities, and those that are do not need to be registered like in the United States, making it possible to offer trading for tokens that are deemed unregistered securities elsewhere, such as decentralized protocols,” he said. At the same time, Weese notes, moving to Hong Kong will not automatically shield Coinbase from U.S. regulation or the arm of the SEC. BitMex, which calls Hong Kong home, got ensnared in U.S. regulatory regime despite its tenuous ties to the United States. And so did Binance – its mothership and founder squarely offshore. So even if Coinbase were to make the move, it wouldn’t be a very productive decision. Important events. 2:00 a.m. HKT/SGT(18:00 UTC) United States Fed Interest Rate Decision 5:45 a.m. HKT/SGT(21:45 UTC) New Zealand Gross Domestic Product (YoY/Q1) 7:50 a.m. HKT/SGT(23:50 UTC) Japan Exports (YoY/May) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : U.S. Inflation Cools in May; Bitcoin Rises The U.S. Consumer Price Index (CPI) for May came in softer than expected, rising just 0.1% in May versus 0.4% in April, according to the Bureau of Labor Statistics. The news came one day ahead of the results of the Fed\'s latest monetary policy meeting. Clara Medalie, Kaiko Director of Research, joined "First Mover" for market reaction. Plus, Willkie Farr & Gallagher LLP Counsel Mike Selig joined to discuss what the SEC\'s actions against Binance and Coinbase will mean for crypto. And, John Melican, Elliptic Chief Legal Officer, joined us to discuss new findings revealing attackers behind this month’s $35 million exploit of crypto wallet Atomic Wallet are moving stolen funds via OFAC-sanctioned exchange Garantex. Headlines Bitcoin Infrastructure Firm Blockstream to Unveil Its Long-Awaited Mining Rig in 3Q of 2024 : The company expects to raise more capital to fund its mining business. Binance Goes to Court Against the SEC : Binance and Binance.US have made their case against the SEC\'s motion to freeze all Binance.US funds. Bitcoin, Ether and Stablecoins Total 80% of $1T Crypto Market Cap as Investors Flee Altcoins : The combined market capitalization of BTC, ETH and stablecoins reached the highest level since February 2021, digital asset research firm K33 Research noted. Why the XRP Army Keeps Fighting : XRP’s uber-passionate supporters believe the SEC unfairly targeted Ripple for securities violations while mysteriously giving Ethereum a free pass. Do they have a point? Uniswap Labs Releases Its Plan for Uniswap v4, Invites Community Feedback : The biggest decentralized crypto exchange is opening its development process to the public for the first time as the SEC cracks down on its centralized competitors.', 'Good morning. Here’s what’s happening:\nPrices:Crypto traders are optimistic about the Fed skipping a rate hike.\nInsights:Hong Kong has rules for crypto, but they aren\'t that great.\nCoinDesk Market Index (CMI)\n1,103\n−0.3▼0.0%\nBitcoin (BTC)\n$25,948\n+52.6▲0.2%\nEthereum (ETH)\n$1,740\n−1.7▼0.1%\nS&P 500\n4,369.01\n+30.1▲0.7%\nGold\n$1,957\n+1.7▲0.1%\nNikkei 225\n33,018.65\n+584.7▲1.8%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,103", "\\u22120.3\\u25bc0.0%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$25,948", "+52.6\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,740", "\\u22121.7\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,369.01", "+30.1\\u25b20.7%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,957", "+1.7\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["33,018.65", "+584.7\\u25b21.8%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin is opening Asia’s trading day at $25,948, up 0.2%, while ether is at $1,740, down 0.1%.\nEdward Moya, a Senior Market Analyst with OANDA, sees the likely possibility of the Fed skipping a rate hike on Wednesday (prediction marketsare giving it a 96% chance of happening) and increased regulatory scrutiny of altcoins as fuel for bitcoin’s support.\n"Cooling inflation report is fueling this bull market as the Fed should have no problem skipping a rate hike on Wednesday. Wall Street is becoming a little bit hopeful here that an FOMC June skip could eventually become a July pause," Moya said in a note. “Bitcoin remains stable around the $26,000 level as investors consider reducing altcoin exposure and increasing Bitcoin holdings.”\nDriven by falling car wholesale prices and weaker consumer support, disinflation, alongside the likely rate hike skip, is causing a decrease in the dollar\'s value, Moya observes, and a steady demand for used vehicles, and clothing among other necessities; China\'s stimulus package and expected Saudi oil price cuts have uplifted crude oil prices, and while low inflation initially boosted gold, continued stock growth may limit its rise.\nAt the same time, one key bitcoin technical analysis indicator, the moving average convergence divergence (MACD),has flipped bearish, signaling a possible extended price slide, despite Bitcoin maintaining support at $25K. In CoinDesk’s coverage of this, however, analysts noted U.S. inflation figures and the Fed’s possible rate hike skip could also impact Bitcoin\'s price performance.\n[{"Asset": "Avalanche", "Ticker": "AVAX", "Returns": "+1.2%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Terra", "Ticker": "LUNA", "Returns": "+0.7%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Chainlink", "Ticker": "LINK", "Returns": "+0.7%", "DACS Sector": "Computing"}]\n[{"Asset": "XRP", "Ticker": "XRP" **Last 60 Days of Bitcoin's Closing Prices:** [30318.50, 30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-14 **Financial & Commodity Data:** - Gold Closing Price: $1955.30 - Crude Oil Closing Price: $68.27 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $503,225,297,131 - Hash Rate: 312388214.96659184 - Transaction Count: 330658.0 - Unique Addresses: 633244.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.46 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The new week in the financial markets is the earnings week: key companies such as Meta, Alphabet, Amazon, and Exxon Mobil are posting their earnings this week. In this review, we will specifically speak about Nasdaq and Bitcoin. The selection of assets is not random, as we have the earnings week going on. Specifically, most traders’ attention will be put on stocks and other cyclical assets such as cryptocurrencies, particularly Bitcoin. USTECH100 (Nasdaq) Nasdaq is in play this week, initiating a pullback from the dynamic support area: the area between 20 and 50-day moving averages. Meta and Google have crushed expectations, setting the bullish tone for the entire tech sector. Thus, Nasdaq can continue the rally, driving higher toward the previous high of 13200. The level of fear (VIX) stays below 20, which indicates an overall low level of fear and a pretty high risk-appetite across the board. BTCUSD Bitcoin was quite volatile so far, but it tends to hold its support level above $27000 with enough confidence, indicating strength. The trend remains strong, though BTCUSD still can’t cross $30000, triggering heavy sell-offs around this level. Probably, it would be logical to see BTCUSD retesting the support back again, after which it might try to $30000 level. If you want to learn more about what is moving the markets, join our monthly live analysis and trading session on May 15th. Register here. This article was originally posted on FX Empire More From FXEMPIRE: GBP to USD Forecast – British Pound Testing the Top of Its Range EUR/USD Weekly Forecast – Euro Touches 200-Week EMA AUDUSD Forecast – Australian Dollar Bounces All eyes on Nasdaq and Bitcoin GBP to USD Forecast – British Pound Continues to Go Back and Forth GBP to USD Forecast – British Pound Continues to Trade in The Same Range... - Reddit Posts (Sample): [['u/McDredd', 'Anyone else just find themselves excluded from r/bitcoin?', 11, '2023-06-14 01:10', 'https://www.reddit.com/r/btc/comments/148scwf/anyone_else_just_find_themselves_excluded_from/', "I've been on there for about 6 months now. I never noticed r/btc when I first searched 6 months ago. Suddenly all of r/bitcoin is unavailable to me. I hardly posted, never mind posted anything controversial.", 'https://www.reddit.com/r/btc/comments/148scwf/anyone_else_just_find_themselves_excluded_from/', '148scwf', [['u/Plus-Ad4019', 15, '2023-06-14 01:20', 'https://www.reddit.com/r/btc/comments/148scwf/anyone_else_just_find_themselves_excluded_from/jo1mgy2/', 'r/bitcoin went dark (June 12-14) together with many other subs to protest Reddit new API fees.', '148scwf']]], ['u/GhostOfMcAfee', 'AlgoMint is removing KYC requirements for bridging BTC and ETH.', 90, '2023-06-14 04:46', 'https://www.reddit.com/r/algorand/comments/148wijz/algomint_is_removing_kyc_requirements_for/', 'Previously, to bridge either asset you needed to go through KYC procedures. Today, AlgoMint announced they are removing KYC requirements for bridging both BTC and ETH to the Algorand blockchain. \\[[sauce](https://twitter.com/Algomint_io/status/1668778531709669377)\\]', 'https://www.reddit.com/r/algorand/comments/148wijz/algomint_is_removing_kyc_requirements_for/', '148wijz', [['u/hypercosm_dot_net', 24, '2023-06-14 05:16', 'https://www.reddit.com/r/algorand/comments/148wijz/algomint_is_removing_kyc_requirements_for/jo2aqmf/', 'Great to see. Hope we see a lot more movement towards decentralization this year. \n\nDo you happen to know what DAO tools we have on Algo?', '148wijz'], ['u/MadManD3vi0us', 10, '2023-06-14 05:27', 'https://www.reddit.com/r/algorand/comments/148wijz/algomint_is_removing_kyc_requirements_for/jo2bsdq/', "Hopefully that'll pull some of the shyer players out of hiding and into the game.", '148wijz'], ['u/stenalgo', 11, '2023-06-14 05:33', 'https://www.reddit.com/r/algorand/comments/148wijz/algomint_is_removing_kyc_requirements_for/jo2ca5j/', 'goBTC and goETH need alot more liquidity indeed. This is a good move, hopefully we will see a positive result soon.', '148wijz']]], ['u/neznaia', 'Angle of attack?', 10, '2023-06-14 05:39', 'https://www.reddit.com/r/ledgerwallet/comments/148xi71/angle_of_attack/', 'Using bitcoin as an example, I understand the ledger holds the private key on the secure chip. If I want to send bitcoin I need to sign it with my hardware wallet, and poof my app does the rest. So, you can never really get my private seed, but, couldn’t Ledger Live be compromised so it tells the hardware wallet x amount, but then sends whatever amount it wants?\n\nAm I missing something about the relationship between an app - software that can be hacked remotely - and my hardware wallet who’s only job is to store my seed phrase and sign transactions that the app supposedly wants to send. On that note, what device is sending the transaction to the pool? If it’s the app, how does it interact with the pool/chain without knowing the private key? I’m assuming my Bluetooth connected ledger isn’t doing that. \n\nMaybe I’m missing something. All answers appreciated', 'https://www.reddit.com/r/ledgerwallet/comments/148xi71/angle_of_attack/', '148xi71', [['u/kristapsru', 12, '2023-06-14 11:46', 'https://www.reddit.com/r/ledgerwallet/comments/148xi71/angle_of_attack/jo32zbv/', '"I understand the ledger holds the private key on the secure chip"\n\nSadly, that\'s not true anymore. Ledger wrote API code to extract keys from the device and send them over the internet to Ledger and their partner companies for their Ledger Recover service. In theory, that only happens if you subscribe, but since Ledger\'s code isn\'t open, there\'s no way for any of us to prove what it does or doesn\'t do.\n\nDon\'t trust. Verify. Right? Well, you can\'t verify Ledger\'s code, so you have to decide whether or not you trust them.\n\nAny hardware wallet can possibly get rogue firmware to extract keys, but Ledger actually put key extraction in their own firmware. I can\'t trust that.', '148xi71'], ['u/jpastore', 10, '2023-06-14 16:51', 'https://www.reddit.com/r/ledgerwallet/comments/148xi71/angle_of_attack/jo3xjnc/', "Apparently they don't want you to know how fucked it is\n\nhttps://www.reddit.com/r/CryptoCurrency/comments/148zegu/ledger_is_shadowbanning_users_who_mention_their", '148xi71']]], ['u/AutoModerator', '[Daily Discussion] - Wednesday, June 14, 2023', 33, '2023-06-14 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡**Tip Fellow Redditors over the Lightning Network**⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\n**Other ways to interact:**\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/', '148xvkb', [['u/52576078', 10, '2023-06-14 13:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/jo38drz/', 'Run a mile from any woman that says this!', '148xvkb'], ['u/dopeboyrico', 17, '2023-06-14 15:20', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/jo3m20f/', 'Powell is going to pause on rate hikes saying they’re at sufficiently restrictive levels based on current data but also state they’re open to hiking more in the future if warranted by upcoming economic data. Anything other than this would be a surprise.\n\nWhat I’m much more interested in is seeing the updated Fed balance sheet tomorrow. Last week saw the first minor uptick since March. It was also the first week since Congress passed the debt ceiling bill which will increase the debt ceiling by $4 trillion over the next 2 years. Could be unrelated but if we see another rise on the Fed balance sheet tomorrow it could be indicative that QE is back out of necessity to buy newly issued government bonds due to lack of sufficient interest in markets.', '148xvkb'], ['u/nationshelf', 17, '2023-06-14 18:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/jo4co5m/', 'It’s not the decoupling we wanted, but it’s the decoupling we got.', '148xvkb'], ['u/NLNico', 17, '2023-06-14 20:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/jo4ogl2/', '0 bps as expected.\n\n- [Federal Reserve issues FOMC statement](https://www.federalreserve.gov/newsevents/pressreleases/monetary20230614a.htm)\n\n- [Implementation Note](https://www.federalreserve.gov/newsevents/pressreleases/monetary20230614a1.htm)\n\n- [FOMC Projections materials](https://www.federalreserve.gov/monetarypolicy/fomcprojtabl20230614.htm)\n\nPress conference in [30 mins](https://twitter.com/federalreserve/status/1668969869176348672).', '148xvkb'], ['u/Ok_File_9520', 11, '2023-06-14 20:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/jo4pn9v/', 'Decoupled on the upside and coupled on the downside. 🤦', '148xvkb'], ['u/delgrey', 12, '2023-06-14 20:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/jo4tje4/', 'Hawkish pause? Now does Bitcoin care... still comatose. Blah.', '148xvkb'], ['u/NLNico', 10, '2023-06-14 20:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/jo4uuhu/', '"First move is fake"\n\n(I don\'t actually think we will moon, but funny how these things always go up/down and then retrace lol.)', '148xvkb'], ['u/dopeboyrico', 10, '2023-06-14 21:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/jo53shj/', 'Along with the pause in rate hikes, the Fed updated their projections going forward and indicated they anticipate 2 more 25 BP rate hikes before the end of the year to reach their terminal rate of around 5.6%.\n\nI think they’re bluffing in order to keep inflation expectations low and are actually going to remain data dependent going forward. If they didn’t make this claim and stated they believe we’re already at the terminal rate, inflation expectations would rise and would manifest into a self fulfilling prophecy. Additionally, if they really thought two more rate hikes might be needed before the end of the year, it would make sense to go ahead and do one of those hikes today rather than holding off until a later meeting.\n\nWe just got May’s YoY CPI print yesterday at 4.0% which was significantly lower than April’s 4.9% print. We’re almost halfway through June and [Cleveland Fed Nowcast](https://www.clevelandfed.org/indicators-and-data/inflation-nowcasting) has their June YoY inflation estimate at 3.22%. [Truflation](https://truflation.com) has it at around 2.74% with a high of 2.94% and a low of 2.54% MTD.\n\nFor the past several months the actual YoY CPI number has ended up being somewhere in between these two estimates. If this trend continues and we end up seeing another significant drop in June’s YoY CPI print vs May’s 4.0% print, it’s going to be hard to justify another 25 BP rate hike in July when they already weren’t willing to do a rate hike today.', '148xvkb'], ['u/borger_borger_borger', 11, '2... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin friendly Miami Mayor Francis Suarez has announced he\'s running for President.\nSuarez announced his candidacy on Twitter on Thursday morning, and filed paperwork with the Federal Election Commission on Wednesday.\nSuarez, who vowed to make the city a bitcoin hub and has accepted his salary in bitcoin, joins a growing Republican field seeking to unseat President Joe Biden in the 2024 election. He faces an uphill struggle to build national name recognition among several high-profile candidates who have already announced their candidacies, including former President Donald Trump and Florida Governor Ron DeSantis. Miami has elected Suarez twice.\nDuring the coronavirus pandemic, Miami – also called "Magic City – drew an exodus of tech workers from Silicon Valley and New York. Several crypto firms relocated there permanently.\nSuarez, who touted bitcoin\'s "democratizing impact on the future of wealth for every American" ina 2021 interviewwith CoinDesk, has examined ways to accept taxes and pay municipal employees in the currency. He also announced MiamiCoin (MIA), built on the Bitcoin adjacent blockchain, Stacks, which he hoped could someday pay a recurring BTC stimulus to Miami citizens.\nBy 2022, MIA hadshed roughly 95%of its value from an all-time high of around 5 cents eight months earlier, according to data from CoinMarketCap. In March, crypto exchange OKCoinsuspendedthe trading of MIA – and a second city coin, NYCCoin – citing limited liquidity as the reason for the decision.\nIn a2022 CoinDesk interview, Suarez said that despite MIA\'s struggles, he remained a believer in crypto. "People ask me the same thing about bitcoin, the fact that it\'s lost more than 50% of its value, but that doesn\'t change my feelings about the fundamental technology," Suarez said.\nUPDATE (June 15, 12:22 UTC):Added Suarez\'s tweet.', 'Bitcoin friendly Miami Mayor Francis Suarez has announced he\'s running for President.\nSuarez announced his candidacy on Twitter on Thursday morning, and filed paperwork with the Federal Election Commission on Wednesday.\nSuarez, who vowed to make the city a bitcoin hub and has accepted his salary in bitcoin, joins a growing Republican field seeking to unseat President Joe Biden in the 2024 election. He faces an uphill struggle to build national name recognition among several high-profile candidates who have already announced their candidacies, including former President Donald Trump and Florida Governor Ron DeSantis. Miami has elected Suarez twice.\nDuring the coronavirus pandemic, Miami – also called "Magic City – drew an exodus of tech workers from Silicon Valley and New York. Several crypto firms relocated there permanently.\nSuarez, who touted bitcoin\'s "democratizing impact on the future of wealth for every American" ina 2021 interviewwith CoinDesk, has examined ways to accept taxes and pay municipal employees in the currency. He also announced MiamiCoin (MIA), built on the Bitcoin adjacent blockchain, Stacks, which he hoped could someday pay a recurring BTC stimulus to Miami citizens.\nBy 2022, MIA hadshed roughly 95%of its value from an all-time high of around 5 cents eight months earlier, according to data from CoinMarketCap. In March, crypto exchange OKCoinsuspendedthe trading of MIA – and a second city coin, NYCCoin – citing limited liquidity as the reason for the decision.\nIn a2022 CoinDesk interview, Suarez said that despite MIA\'s struggles, he remained a believer in crypto. "People ask me the same thing about bitcoin, the fact that it\'s lost more than 50% of its value, but that doesn\'t change my feelings about the fundamental technology," Suarez said.\nUPDATE (June 15, 12:22 UTC):Added Suarez\'s tweet.', 'Bitcoin fell in Thursday morning trading in Asia, dropping below US$25,000 at one stage for the first time since mid-March. Ether also retreated with other top 10 non-stablecoin cryptocurrencies as trading volumes dipped and the U.S. Fed left interest rates unchanged as expected, but warned of more hikes this year to tackle inflation. Ripple’s XRP token fell despite the release of documents this week that were expected to help the company’s defense in an SEC lawsuit.\nBitcoin fell 2.94% over the last 24 hours to US$25,062.60 at 6:30 a.m. in Hong Kong, losing 4.69% in the last week, according to CoinMarketCapdata. The world’s largest cryptocurrency, with a market capitalization of about US$490 billion, dipped below the US$25,000 support line to as low as US$24,902 earlier in the morning.\nEther fell 4.74% to US$1,652.25, posting a 9.70% loss for the week. All other top 10 non-stablecoin cryptocurrencies fell, according to CoinMarketCap.\nCardano dropped 4.10% to US$0.2624, losing 18.57% of its value in the past seven days. Solana fell 3.18% to US$14.44 and posted a weekly loss of 22.52%.\nThe two tokens have been on a downtrend since being named in the SEC’s lawsuit filed last week against the Binance.US and Coinbase exchanges, where the federal agency categorized the two — along with many other altcoins — as financial securities.\nBenjamin Stani, the director of business development and sales at crypto trading platform Matrixport, said the declines are mostly the overhang from the SEC suing Binance and Coinbase.\n“It’s been predominantly the altcoins that have been dropping,” said Stani. “BTC and, to some extent, ETH as well have been holding up better and that I think is mostly attributable to the fact that the SEC named a lot of [altcoins] as securities and that has this chilling effect.”\nThe U.S. Federal Reserve left interest rates unchanged as expected on Wednesday at 5% to 5.25% after ten consecutive hikes to curb inflation.\nBut in another negative for investors, Fed chair Jerome Powellsaidit may take years to get inflation under control, dousing expectations for rate cuts later this year and raising the likelihood of higher interest rates ahead. Stocks ended mixed.\nRipple’s XRP token led the losers in the crypto top 10 by market capitalization, falling 7.48% to US$0.4793 on the day for a weekly loss of 7.19%.\nThe declines came despite the release of the so-called “Hinman documents,” this week, a collection of previously sealed emails and pages from former U.S. Securities and Exchange Commission director William Hinman. The notes indicate that Ether should not be categorized as a financial security.\nRipple Labs Inc. was sued by the SEC in December 2020 on allegations XRP was sold as an illegal unregistered security. Ripple wanted the Hinmandocumentsmade public, arguing they show the SEC itself was sending mixed and confused signals over whether cryptocurrencies were securities and failing to offer clear guidance to the industry, which is part of Ripple’sfair notice defensein the case.\nHowever, XRP’s price hasn’t benefited from the release of the documents. Gabriel Shapiro, a U.S.-based attorney and the general counsel at blockchain firm Delphi Labs,wroteon Twitter Tuesday — “\u200b\u200bHinman emails are a nothingburger though great for Ether. No idea why Ripple thinks these emails help Ripple’s case.”\nShapiro added that the documents were not the bombshell compared to the “huge hype” given to them.\nThe total cryptocurrency market cap lost 2.76% to US$1.02 trillion in the last 24 hours, and the daily crypto trading volume fell 5.37% to US$31.89 billion, according to CoinMarketCapdata.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, the Forkast 500 NFT index lost 0.86% to 2,912.74 in the 24 hours to 7:30 a.m. in Hong Kong. The index is down 10.64% for the week.\nTotal NFT transactions rose 0.13% to US$23.7 million, while sales on Ethereum, the leading blockchain by volume, fell 4.78% over the last 24 hours to US$13.52 million, according to CryptoSlamdata.\nThe Bitcoin network was the second largest NFT network in terms of transactions, rising 6.95% to US$4.1 million in the last 24 hours.\nThe recent buzz in the NFT community is around ERC-6551, according to Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News. ERC-6551 is the latest NFT standard for the Ethereum network that went into effect on May 7 this year.\n“ERC-6551 is introducing a standard for NFTs by unlocking their ability to be a smart wallet that can interact with different decentralized apps in the Ethereum ecosystem,” Petscher explained. “With ERC-6551, when you transfer an NFT, the wallet and the tokens that the NFT holds also goes with it. Basically wallets within wallets.”\nAbout 196 million of Blur tokens worth around US$62 million, 40% of the circulating supply, are being unlocked and distributed to investors and contributors on Wednesday, U.S. time. Blur is the native utility and governance tokens of the Blur NFT marketplace.\n“[This] will almost definitely cause a crash in price, which will impact NFT prices,” Petscher said. “Basically, if the token is devalued, will people still want to farm for it via trading NFTs?”\nTransactions of Uncategorized Ordinals — unique digital assets on the Bitcoin network that are not identified as part of one established collection — topped sales by collection, selling US$3.14 million in the last 24 hours.\nEthereum-based BoringPunks marked second with US$1.63 million in sales, with over 20,000 transactions in the past day.\nU.S. stock futures edged down as of 11:00 a.m. in Hong Kong after a mixed regular trading day on Wednesday. Dow Jones Industrial Average futures fell 0.09%, S&P 500 futures edged 0.06% lower and Nasdaq Futures lost 0.09%.\nThe U.S. central bank left interest rates unchanged at 5% to 5.25% after its meeting on Wednesday. The rate is at its highest since 2006 after ten consecutive hikes that started in March 2022 to slow the pace of inflation that surged to 40-year highs at one stage last year.\nHowever, post-meeting comments from Powell **Last 60 Days of Bitcoin's Closing Prices:** [30315.36, 29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-15 **Financial & Commodity Data:** - Gold Closing Price: $1957.80 - Crude Oil Closing Price: $70.62 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $486,403,779,400 - Hash Rate: 385148460.1631553 - Transaction Count: 423069.0 - Unique Addresses: 689182.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.41 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Presidential candidate Robert F. Kennedy Jr. briefly waded into the national debate over crypto on Tuesday, pointing to a blog post by author Ellen Brown, who wrote about the federal government's alleged war on the industry. More from Fortune: 5 side hustles where you may earn over $20,000 per year—all while working from home Looking to make extra cash? This CD has a 5.15% APY right now Buying a house? Here's how much to save This is how much money you need to earn annually to comfortably buy a $600,000 home "FDIC and SEC have no authority to wage an extra-legal war on crypto," tweeted Kennedy, who officially launched his campaign to secure the Democratic nomination for president a little more than two weeks earlier. Ellen Brown makes a strong case the FDIC/SEC war on crypto caused failures of SVB, Signature, and Silvergate banks. FDIC and SEC have no authority to wage an extra-legal war on crypto that leaves major banks as collateral damage. #Kennedy24 https://t.co/HMZuW7Rr1H — Robert F. Kennedy Jr (@RobertKennedyJr) May 2, 2023 A noted vaccine skeptic, Kennedy is a member of the political dynasty to which president John F. Kennedy also belonged. And he's not the only prominent U.S. politician to spout off on cryptocurrencies in the past week—Republicans and Democrats alike have drawn lines in the sand as they've joined the increasingly raucous fray over the industry's future. Also on Tuesday, Ron DeSantis, the Republican governor of Florida, renewed his attack on CBDCs, or central bank digital currencies, after he signed legislation to counteract ESG investing in his state, or an investment strategy that tracks a business's environmental, social, and governance effects. "They want to make that the sole currency," he said , referencing CBDCs and how "they"—presumably Democrats and the federal government—support its implementation. (That, however, is an inaccurate characterization of the Biden administration's policy toward the technology, according to digital currency experts .) "They don't like crypto because they can't control crypto," DeSantis added. Sen. Ted Cruz (R.-Texas) similarly expressed skepticism of CDBCs less than a week ago. During the Bitcoin Policy Summit , he said he's “concerned about the risk of a CBDC.” (In fact, Cruz submitted a bill to Congress in March to prevent the Federal Reserve from establishing a CBDC.) Story continues "Their objective is precisely the opposite of a distributed ledger system," he said during the summit, again presumably referencing the Biden administration and Democrats. "They want a centralized ledger that the government has complete visibility into and complete control of, and I think that is profoundly dangerous." He noted, though, that he was "incredibly excited and incredibly bullish on Bitcoin specifically—crypto more broadly, but Bitcoin in particular." The comments from Kennedy, DeSantis, and Cruz join those of other national politicians, including Sen. Elizabeth Warren (D-Mass.), who has been one of crypto's most vocal critics, at one point saying that she was looking to assemble an " anti-crypto army ." And Sen. Sherrod Brown (D-Ohio), chair of the Senate Banking, Housing, and Urban Affairs Committee, has at one point left open the possibility of a crypto ban . That said, divisions on crypto aren't just along party lines. Rep. Ritchie Torres (D-N.Y.) believes in crypto's potential for financial inclusion . With the House of Representatives eyeing a sweeping new bill on crypto regulation , these rhetorical outbursts may just be beginning. This story was originally featured on Fortune.com More from Fortune: 5 side hustles where you may earn over $20,000 per year—all while working from home Looking to make extra cash? This CD has a 5.15% APY right now Buying a house? Here's how much to save This is how much money you need to earn annually to comfortably buy a $600,000 home View comments... - Reddit Posts (Sample): [['u/LordBobTheWhale', 'Genuinely curious: why did the US rate pause affect Bitcoin price today?', 104, '2023-06-15 00:09', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/', "It seems pretty clear to me that the US Fed's decision to pause rate hikes had an immediate impact on the price of BTC. Why is that? I'm not concerned about short term price of BTC or sustainability of USD and whatnot, but rather I'm curious about the economic principles at play in general. Looking to learn something here vs be shilled to please. Thanks!", 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/', '149kq2p', [['u/castorfromtheva', 12, '2023-06-15 00:15', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5oewm/', 'Buy the rumor, sell the news.', '149kq2p'], ['u/malceum', 14, '2023-06-15 00:30', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5qcbz/', 'The Fed isn\'t pausing, since it announced more hikes are likely. It would have been better if the Fed hiked now and said this is likely the end.\n\nInstitutions that control asset prices already know what the Fed is going to do. Asset price movements based on "news" -- which is news to you, not them -- are designed to suck your money away. Try not to get too worried about short term fluctuations, especially ones that are supposedly related to "news."', '149kq2p'], ['u/PocketMoneey', 18, '2023-06-15 00:50', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5sstp/', 'The Fed will probably raise the interest rates another two times. Therefore it is less attractive for investors to hold bitcoin if they can instead earn interest of around 6 percent on bonds.', '149kq2p'], ['u/drunk_in_denver', 13, '2023-06-15 00:51', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5sz8m/', 'I don\'t think the Fed news had anything to do with it. The "literal" timing is off. Usually the move is instant with the news. There was quite a delay here. Word on the street it was probably market manipulation from a big player like Binance.', '149kq2p'], ['u/DatTacocatdoe', 107, '2023-06-15 00:53', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5t898/', 'Stronger dollar is bad for btc but don’t worry long term they can’t resist the urge to turn the faucet back on full blast eventually.', '149kq2p'], ['u/Nubraskan', 32, '2023-06-15 00:58', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5tqci/', "Zoom out. Today's price movement is small in bitcoins typical volatility. It's not big enough to care about.", '149kq2p'], ['u/debtfreegoal', 29, '2023-06-15 01:12', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5vkur/', 'The idea of “two more rate hikes” was floated, imo, to keep the markets from running away when today’s “pause” was officially announced. One more rate hike todays pause was priced in already. So when the mention of a second hike was dropped, markets dropped. \n\nChairman is playing some 4D chess with the markets today. And the markets bit. Let it run a news cycle or two and then things will get back on track.', '149kq2p'], ['u/LordBobTheWhale', 16, '2023-06-15 01:36', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5yg2e/', "Yeah I'm not worried. So this fed action today is considered 'strong' dollar action by traditional economics?", '149kq2p'], ['u/LordBobTheWhale', 16, '2023-06-15 01:37', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5ym6p/', 'Sounds like just kicking the can of collapse further down the road to me.', '149kq2p'], ['u/DatTacocatdoe', 14, '2023-06-15 01:41', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5z1cy/', 'More expensive debt makes cash money more valuable. Also a higher return on bonds which is a safe investment. I don’t know anything I’m all in on btc and have a good but not great price point.', '149kq2p'], ['u/debtfreegoal', 15, '2023-06-15 01:51', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo60bk6/', 'That’s the only play here. Hold onto power as long as your can. Maybe the bomb will go off on someone else’s watch.', '149kq2p'], ['u/SuperSaiyanGME', 17, '2023-06-15 01:56', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo60u0u/', 'It was more about the Statement of Economic Projections pricing in a higher terminal rate than what markets had anticipated. I didn’t get the exact figure, but I think it’s gonna be 5.75-6.0% which is higher than the widely expected 5.25-5.50%. While new dollars won’t be created through the banking system, existing dollars will go to treasury, who will create more money through high interest. But nowhere near the amount that 3.4% mortgages for 2 years created in tandem.', '149kq2p'], ['u/LordBobTheWhale', 11, '2023-06-15 02:38', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo65qsw/', 'Yeah I locked in a 3.5% refinance 2 years ago this month actually. Super interesting how that affects so much.', '149kq2p'], ['u/TheWreckaj', 10, '2023-06-15 06:17', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo6tpy4/', 'Got mine at 2.125% a year before that. They’re paying me to borrow their money.', '149kq2p'], ['u/Ritayan', 11, '2023-06-15 07:10', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo6ygv5/', 'They announced 2 more rate hikes later this year. That had an impact. Plus it kinda became clear that either something big has to break or rate cuts will come late. Most probably markets are reacting to this.', '149kq2p'], ['u/AFaded', 12, '2023-06-15 07:58', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo72b6k/', "This is fucking bullshit. If it was a weaker dollar, bitcoin would still go down because of reasons.\n\nEvery new horror in the news is negatively affecting btc. It's just a never ending onslaught of bullshit news.", '149kq2p']]], ['u/nickolsdrew', 'What’s with the consistent downward pressure on Block (SQ)?', 34, '2023-06-15 01:36', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/', 'Is it the Hindenburg hit piece ? \n\nAre they over leveraged in Bitcoin ? \n\nDebt ? \n\nThey have a hefty operating cost keeping them from near term profitability yes, but they print Billions and have an established brand, a variety of revenue streams, and beat earnings projections regularly . That’s more than you can say about many of the unprofitable tech that’s up over 100% ytd lol \n\n 58-$65 throughout the recovery….lagging every else in my portfolio, for the last year really . \n\nWhat gives ?', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/', '149mqio', [['u/nakfoor', 24, '2023-06-15 02:51', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/jo67986/', "The memory of SQ burns me. Somehow I didn't see its COVID surge in my account because I would have sold it. Then it collapsed and I took a meager 15% gain.", '149mqio'], ['u/Certain-Resident450', 11, '2023-06-15 03:11', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/jo69lhf/', "Does it have any moat? Isn't it easily replaceable by Apple's Tap to Pay?", '149mqio'], ['u/Reeeeeekola', 35, '2023-06-15 03:32', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/jo6c0be/', 'Block is the worst parts of PayPal, Coinbase and a regional bank. Why should it be up?', '149mqio'], ['u/im_not', 54, '2023-06-15 04:48', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/jo6ko78/', 'Toast is dominating the restaurant space, legacy POS hardware/software has caught up to square’s elegant simplicity, the purchase of Afterpay was insanely expensive and hasn’t proven out, BNPL itself is looking more and more like a fad, Dorsey is an uninspiring absentee CEO preoccupied with his web5 garbage, tidal is never going to gain wide consumer adoption and was bought so Dorsey could cozy up to jay z and jay z doesn’t give a shit about him.', '149mqio'], ['u/RigusOctavian', 15, '2023-06-15 05:06', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/jo6moz9/', 'Near term profitability problem for a company printing “Billions” is probably a good start.\n\nThe VC faucet dried up. Excessive burn rates will do what they do best, burn out. If your model isn’t making you money, and you aren’t eating your competition, you are waiting to be bought.', '149mqio'], ['u/thenoodleincident18', 32, '2023-06-15 05:17', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/jo6nv5o/', 'I have to say the Tidal purchase was when I got out. Still not clear to me how that made any sense.', '149mqio'], ['u/SharpShooter2-8', 22, '2023-06-15 05:20', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/jo6o4po/', 'Can’t go broke making money.', '149mqio'], ['u/Background_Drama6126', 10, '2023-06-15 06:58', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/jo6xgvz/', 'Why is a report showing what appears to be true considered a "hit piece"? 🤔🤔🤔🤔', '149mqio']]], ['u/-Squidster-', 'So, who is Cardsmiths and the Artists... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening: Prices: Bitcoin spurts but then stabilizes. Other cryptos reverse some Wednesday losses. Insights: Hong Kong\'s banks may not yet be ready to help turn the City into a crypto hub. Prices CoinDesk Market Index (CMI) 1,079 +13.0 ▲ 1.2% Bitcoin (BTC) $25,572 +467.2 ▲ 1.9% Ethereum (ETH) $1,665 +15.3 ▲ 0.9% S&P 500 4,425.84 +53.3 ▲ 1.2% Gold $1,971 +15.3 ▲ 0.8% Nikkei 225 33,485.49 −16.9 ▼ 0.1% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,079 +13.0 ▲ 1.2% Bitcoin (BTC) $25,572 +467.2 ▲ 1.9% Ethereum (ETH) $1,665 +15.3 ▲ 0.9% S&P 500 4,425.84 +53.3 ▲ 1.2% Gold $1,971 +15.3 ▲ 0.8% Nikkei 225 33,485.49 −16.9 ▼ 0.1% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin Spurts, Then Fizzles Bitcoin and other crypto assets spurted briefly late Thursday after fund management giant BlackRock iShares\' unit filed filed paperwork Thursday afternoon with the U.S. Securities and Exchange Commission (SEC) for the formation of a spot bitcoin ( BTC ) ETF. But the rally, which regained ground lost the previous day, fizzled out well short of the $26,000 threshold BTC lost nearly a week ago. The largest cryptocurrency was recently trading at $25,556, up nearly 2% over the past 24 hours. Bitcoin swooned late Wednesday amid ongoing worries about U.S. central bank monetary policy overreach and growing U.S. crypto regulatory scrutiny. Read More: BlackRock\'s iShares Files Paperwork for Spot Bitcoin ETF Ether spiked similarly to trade above $1,660, a 0.8% gain from Wednesday same time. Other major cryptos went from the negative territory they\'d occupied for much of Thursday to green with SOL, the token of the Solana smart contracts platform Solana, recently up 1.8%, and SAND and AXS also rising more than a percentage point. MATIC, the native crypto of the Polygon blockchain, was down more than 4%. These assets were among 19 mentioned in U.S. Securities and Exchange (SEC) lawsuits that accused exchanges Binance and Coinbase of violating securities laws. Story continues In an email to CoinDesk, Brian D. Evans, the CEO of Web3 venture studio and advisory firm BDE Ventures, noted the investor angst about the increasingly unfavorable U.S. crypto climate. “I feel like we’re at the beginning of a big shift involving project founders seeking locations to base themselves outside the United States," Evans wrote. "In this sense, the market feels very dislocated. In the United States, they’re left scratching their heads over the intricacies of a regulatory system that hasn’t been updated since the Great Depression." Evans wrote that this failing has sent projects "searching out better-regulated jurisdictions, such as Hong Kong, Dubai and the U.K." Read More: SEC’s Binance, Coinbase Suits Create Uncertain Future for Listed Tokens: Legal Experts He added: "A global reshuffling is taking place that is shaping up to center the next burst of innovation and market exuberance in Asia and the Middle East. In that sense, then, I think the digital asset ecosystem is actually becoming more robust, making the likely fireworks following the next Bitcoin halving all the more surprising to a large number of observers. In short, the bullishness is there, yes, but it’s increasingly being driven by events happening abroad.” Biggest Gainers Asset Ticker Returns DACS Sector Gala GALA +4.5% Entertainment Shiba Inu SHIB +2.6% Currency Cosmos ATOM +1.9% Smart Contract Platform Biggest Losers Asset Ticker Returns DACS Sector Polygon MATIC −5.3% Smart Contract Platform Polkadot DOT −4.6% Smart Contract Platform Stellar XLM −3.9% Smart Contract Platform Insights Hong Kong as Crypto Hub? The Banks May Not Be Ready Take their money! That’s the message that Hong Kong’s financial regulator is telling some of the City’s banks who refuse to onboard crypto clients . "The HKMA has consistently communicated the importance of banks following the risk-based approach to managing the risks of individual customers," a Hong Kong Monetary Authority spokesperson told CoinDesk earlier. It’s not the first time we’ve heard of crypto companies having trouble banking in Hong Kong. A few months ago, news broke that the Hong Kong branches (which are largely autonomous and operate by local rules) of some of China’s state-owned banks were soliciting crypto business in the City. There was just one problem. While they might talk a big game about being ready to embrace crypto – unthinkable years ago – potential clients found it nearly impossible to get on-board. "The city’s digital assets regulation is overall friendly and encourages banks to work with crypto companies, however, banks still currently have stringent requirements in place, which makes it difficult for crypto businesses to expand and grow,” Adrian Wang, founder, and CEO of Metalpha, a Hong Kong-based digital assets wealth management company, said to CoinDesk at the time. “We have yet to see major progress in the banking sector to embrace crypto. Hopefully, that will change soon.” At one time, Hong Kong had the unfortunate reputation of being a money laundering center for organized crime. HSBC paid out record fines for their behavior. It’s a much more conservative, risk-managing organization as a result. Billions in penalties will do that to a company. Almost understandably, banks don’t want to get involved with crypto. The Securities and Exchange Commission (SEC) and CFTC, which seem to have given themselves a supranational mandate, have accused Binance of co-mingling $12 billion in funds and violating securities laws . The same goes for Coinbase. Banks would really not want these as a client. Binance and Coinbase are the big fish and were attacked first, but who knows what exchange could be next. Even if a bank in Hong Kong doesn’t do business in the U.S., it can still be caught up in the regulatory dragnet – if U.S. authorities go after an exchange that’s otherwise legal in Hong Kong – by virtue of it offering USD products. Of course, one should always remain optimistic, but Hong Kong looks like it has a long way to go before it can be considered a crypto hub. Important events. 5:00 p.m. HKT/SGT(9:00 UTC) Eurozone Harmonized Index of Consumer Prices (YoY/May) 7:45 p.m. HKT/SGT(11:45 UTC) United State Fed\'s Waller Speech 10:00 p.m. HKT/SGT(14:00 UTC) Michigan Consumer Sentiment Index (June) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Bitcoin Drops Below $25K; Bankrupt Crypto Exchange Bittrex U.S. Set to Allow Withdrawals Cryptocurrencies fell sharply, with bitcoin (BTC) dropping below $25,000 after the Federal Reserve policy decision to suspend rate hikes for at least one meeting. Path Trading Partners Chief Market Strategist Bob Iaccino broke down the market reaction. Plus, Ripple Chief Legal Officer Stuart Alderoty on strategy after the release of documents tied to William Hinman. And, the U.S. arm of Bittrex was set to open for customer withdrawals Thursday following a ruling by a Delaware bankruptcy court. Bittrex Chief Legal Officer David Maria discussed the news. Headlines Polygon Labs Rolls Out Open Database for Blockchain Use Cases : Called "The Value Prop," the database hosts as many as 39 use cases and over 300 applications, with numbers expected to increase. Colombia’s Central Bank Partners with Ripple to Explore Blockchain Use Cases : The Latin American country will conduct a pilot to test Ripple\'s technology for its high-value payments system. Crypto Exchange Bybit Integrates ChatGPT Into Trading Tools : Traders will be able to analyze market data with the new AI-based feature called "ToolsGPT." USDT Selling on Curve, Uniswap Spooks Traders Amid Bitcoin Drop : USDT holdings on Curve’s popular ‘3pool’ have risen to over 72% as of Thursday morning, suggesting a sudden disbalance. Hong Kong Put Pressure on 3 Major Banks to Take On Crypto Exchanges as Clients, Report : The Hong Kong Monetary Authority put pressure on HSBC, Standard Chartered and Bank of China, according to the Financial Times.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin spurts but then stabilizes. Other cryptos reverse some Wednesday losses.\nInsights:Hong Kong\'s banks may not yet be ready to help turn the City into a crypto hub.\nCoinDesk Market Index (CMI)\n1,079\n+13.0▲1.2%\nBitcoin (BTC)\n$25,572\n+467.2▲1.9%\nEthereum (ETH)\n$1,665\n+15.3▲0.9%\nS&P 500\n4,425.84\n+53.3▲1.2%\nGold\n$1,971\n+15.3▲0.8%\nNikkei 225\n33,485.49\n−16.9▼0.1%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,079", "+13.0\\u25b21.2%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$25,572", "+467.2\\u25b21.9%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,665", "+15.3\\u25b20.9%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,425.84", "+53.3\\u25b21.2%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,971", "+15.3\\u25b20.8%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["33,485.49", "\\u221216.9\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin Spurts, Then Fizzles\nBitcoin and other crypto assets spurted briefly late Thursday after fund management giant BlackRock iShares\' unit filed filed paperwork Thursday afternoon with the U.S. Securities and Exchange Commission (SEC)for the formationof a spot bitcoin (BTC) ETF.\nBut the rally, which regained ground lost the previous day, fizzled out well short of the $26,000 threshold BTC lost nearly a week ago. The largest cryptocurrency was recently trading at $25,556, up nearly 2% over the past 24 hours. Bitcoin swooned late Wednesday amid ongoing worries about U.S. central bank monetary policy overreach and growing U.S. crypto regulatory scrutiny.\nRead More:BlackRock\'s iShares Files Paperwork for Spot Bitcoin ETF\nEther spiked similarly to trade above $1,660, a 0.8% gain from Wednesday same time. Other major cryptos went from the **Last 60 Days of Bitcoin's Closing Prices:** [29445.04, 30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-16 **Financial & Commodity Data:** - Gold Closing Price: $1958.40 - Crude Oil Closing Price: $71.78 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $494,397,676,500 - Hash Rate: 398160232.4659646 - Transaction Count: 512202.0 - Unique Addresses: 765014.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.47 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Analysts at alternative asset management firm Valkyrie Investments are closely monitoring what looks like a bearish head-and-shoulders (H&S) pattern on bitcoin's (BTC) daily chart. The popular technical analysis pattern is characterized by two rallies or shoulders flanking a bigger one, representing the head. Chart analysts see it as a sign of an impending bullish-to-bearish shift in the market trend, with traders often taking bearish bets once prices drop under the trendline connecting the first and second troughs. "High timeframe trend metrics remain firmly bullish, a near-term [bearish] reversal chart pattern has emerged. Although not classically meeting the textbook criteria of a head and shoulders, price action since March 19 has painted an extreme high with flanking lower highs," Valkyrie's analysts, led by Chief Investment Officer Steven McClurg, wrote in a note to clients early this week. "If price breaches below the neckline, a suggested target zone of $24,000 is possible based on the measured depth of the pattern extended below the neckline," the note added. A UTC close under the neckline support at around $27,300 would confirm a H&S breakdown, opening the doors for a deeper decline. While a graphical representation of price action in the form of lines or candlesticks helps illustrate psychology, the patterns are a subjective form of analysis and often do not work as intended. In other words, a breakdown of the head and shoulders may not always lead to a more profound price drop and can trap traders on the wrong side of the market. Macroeconomic developments can make or break trends and invalidate patterns. In other words, bitcoin may rally, invalidating the H&S if Friday's U.S. nonfarm payrolls data signal labor market weakness. That would strengthen the case for the Federal Reserve (Fed) to pivot in favor of liquidity-boosting interest rate cuts. Early this week, Fed Chairman Jerome Powellopened the doorsfor a potential pause in the rate hike cycle, but, at the same time,stressedthat the next move depends largely on the incoming data. The Fed has raised rates by 500 basis points (or 5%) since March 2022 – the tightening cycle aimed at controlling inflation roiled cryptocurrencies last year. According to a Reuters estimate sourced from FXStreet, the data due at 12:30 UTC is likely to show the economy added 179,000 jobs in April following a better-than-expected 236,000 additions in March. The unemployment rate likely held steady at 3.5%. The average hourly earnings are forecast to have risen 0.3% month-on-month and 4.2% year-on-year, matching March's pace. The odds of bitcoin witnessing a head-and-shoulders breakdown soon will increase if the wage growth and payrolls figure blows past expectations, putting a bid under theheavily shortedU.S. dollar.... - Reddit Posts (Sample): [['u/IHaventEvenGotADog', 'Moon Metrics (Moontrics) - Round 40', 37, '2023-06-16 00:21', 'https://www.reddit.com/r/CryptoCurrency/comments/14afbzr/moon_metrics_moontrics_round_40/', "I love spreadsheets, graphs, data and crypto. So I've collected all the data posted in the Moon distribution .CSV files, made some sense of it all in a spreadsheet, then made us some graphs.\n\n# Total Karma\n\nhttps://preview.redd.it/k75bigez996b1.png?width=1413&format=png&auto=webp&v=enabled&s=13ee0e16a78f3f857ea571fdd60a867cda13c407\n\nThe Sum of all the karma per round\n\nA 13% decrease since the last round. I've added the average BTC price for the 28 day Moon round to this graph as the total karma has seemed to move up and down in line with its price. I've done other analysis posts that show we get activity spikes when BTC fluctuates, with the most happening during dips as it seems that misery likes company.\n\nThe spike at round 33 was probably from all the FTX bullshit and the 700 news link posts about it every hour.\n\n# The ratio of Moons to karma\n\nhttps://preview.redd.it/lo458ap1a96b1.png?width=1413&format=png&auto=webp&v=enabled&s=f122d2af49255045f259082828f52e812ee0c10d\n\nThe all important Moon to karma ratio. Multiply this number by your karma score to determine how many Moons you receive for each round. (Round 12 - 0.88 [Never Forget](https://www.reddit.com/r/CryptoCurrency/comments/mvzv9v/anyone_remember_that_time_last_week_when_the_moon/))\n\nRound 36 spike was caused by the reintroduction of a shitload of burned Moons from the testnet bridge closing\n\nThe ratio will naturally decline over time as the Moons released per round reduce by 2.5%.\n\nWith 2 days of a closed subreddit and 3rd party apps getting fucked over a week before the end of round 41, then there's a very good chance we get a ratio over 1.0 next round.\n\n# Number of users on .CSV\n\nhttps://preview.redd.it/cpspanw9a96b1.png?width=1422&format=png&auto=webp&v=enabled&s=b779a29d544600efa2a5969d3c5ce6cf239f62b4\n\nThis shows the number of users who earned karma for each round. The lower orange line is users with an active vault at the time the .CSV was published.\n\nThe number of users with vaults at the time of publishing the data overall averages around 60%. This doesn't indicate that only 60% of the users claim their Moons though as you have 6 months from the distribution to open your vault and claim them.\n\n# % of users with a vault\n\nhttps://preview.redd.it/mmqsv3gba96b1.png?width=1396&format=png&auto=webp&v=enabled&s=84401057e0edbdfb3185f15d6a26392f5124b6e7\n\nThe spike from round 28 to 29 was caused by the implementation of CCIP 031 which removed vaultless users with less than 10 karma from the .csv\n\n# Average Moons per user & Median Moons per user\n\nhttps://preview.redd.it/61xh1ctda96b1.png?width=914&format=png&auto=webp&v=enabled&s=4987217556b82ae7256a00266ceb872315e7c574\n\nhttps://preview.redd.it/se6xhh4ea96b1.png?width=914&format=png&auto=webp&v=enabled&s=ff07b96fc3d233aef729b0a3fa5625a7479730ee\n\nThe increase in average and median from round 28 to 29 was also caused by the implementation of CCIP 031.\n\nThe average Moons earnt per user takes into account a lot of factors: number of users, Moon to karma ratio and the reduction in Moons being released per round.\n\n# Moons Market Cap Rank\n\nhttps://preview.redd.it/op6tljeja96b1.png?width=1993&format=png&auto=webp&v=enabled&s=c1015fdd3970868ae0e9c2dd09a004f44b6bec52\n\nThe recent drop was from a non vault address selling [445k Moons in one transaction on Sushiswap](https://nova.arbiscan.io/tx/0x101b8d99c7c220e5c00446e7797a76524d9b65fda8a0919cb6910d1c7fb2a403). They prolly lost like 30% to slippage. ^(REKT)\n\n# Enough graphs, show me the spreadsheet\n\nhttps://preview.redd.it/dzymx5t7b96b1.png?width=1097&format=png&auto=webp&v=enabled&s=8597e9a9a01d6b9fcbefbf1ac2ac6e7b30e35393\n\nhttps://preview.redd.it/nqzhujoab96b1.png?width=1096&format=png&auto=webp&v=enabled&s=a793177e99c37fb9f0118afbcfb271d3eff268d2\n\n(The dates are a day ahead than most of you as I live in the future in UTC+13)\n\nI asked the admins to check what dafuq was up with not many Moons being reintroduced. Then I figured out it was probably because the address that burns on behalf of membership buyers paying in $$ ran out of Moons. Apparently they have an alert on the address which failed. So they topped it up with 500k Moons. That will last like 6 months max lol.\n\nPrevious rounds are here:\n\n[I've been posting these since Round 14 - You can find them here if you're bothered.](https://www.reddit.com/r/CryptoCurrency/search/?q=%22moon%20metrics%22%20author%3AIHaventEvenGotADog&restrict_sr=1&sr_nsfw=&sort=new)\n\n**TL;DR Karma goes down, ratio goes up, 1 Moon = 1 Moon, I fucking love spreadsheets.**", 'https://www.reddit.com/r/CryptoCurrency/comments/14afbzr/moon_metrics_moontrics_round_40/', '14afbzr', [['u/Tasigur1', 15, '2023-06-16 00:45', 'https://www.reddit.com/r/CryptoCurrency/comments/14afbzr/moon_metrics_moontrics_round_40/joa6xzl/', 'I call it right now, next month the ratio will be between **0.92** and **1.02** 💪', '14afbzr']]], ['u/crua9', "So I found out I've been shadow ban from Ledger. I think it is because I spoke common sense", 10, '2023-06-16 00:49', 'https://www.reddit.com/r/CryptoCurrency/comments/14ag0oe/so_i_found_out_ive_been_shadow_ban_from_ledger_i/', 'So I had a feeling I\'ve been shadow ban after the huff from when they got caught actually preventing post from showing. (The reason why I follow it still is because I\'m still transferring stuff and likely will be until the start of next month. I want to keep an eye out for anymore crap where I need to rush moving things)\n\n&#x200B;\n\nAnyways, I seen a post where someone was trying to use swaps to switch their stETH to ETH, and I said\n\nhttps://preview.redd.it/6lk4246oe96b1.png?width=636&format=png&auto=webp&v=enabled&s=a0af60a2bf1a87ed052ce75de0c58e3a38c734cd\n\nSwitching to a private window shows\n\nhttps://preview.redd.it/vu1lw8dre96b1.png?width=469&format=png&auto=webp&v=enabled&s=bf714fb06242defece8c86bb65d24758f2d5e7b8\n\n&#x200B;\n\nIf I had to guess, the reason why I was shadow ban is because\n\n[https://np.reddit.com/r/CryptoCurrency/comments/146alh7/it\\_looks\\_like\\_ledger\\_is\\_deleting\\_post\\_asking\\_for/](https://np.reddit.com/r/CryptoCurrency/comments/146alh7/it_looks_like_ledger_is_deleting_post_asking_for/)\n\nOr I told the co-founder u/btchip this when he tried to defend him not open sourcing the firmware yet and how Ledger is more "trusted" than others.\n\n\\_\\_\\_\\_\\_\\_\\_\n\nHere is where the problem really comes in today.\n\n&#x200B;\n\n1. Without the code open source it is a true trust me bro. **What many are worried about is that tool which could allow for the private keys to leave their device, that is in the firmware.** And there is no way to just not have that other than never update the firmware. Having it open source will allow us to quickly confirm opt in or not, if the code which allows for it is there or not. Or if the tools are added after you opt in.\n2. We still don\'t honestly know how your recovery system works during the opt in part. Like we are told 1 second it is an opt in, you need to sign a smart contract, etc. BUT the next second we are told you can\'t export the keys from the device. Unless if we are manually writing in the seed phrase in the new service. These 2 things conflict with each other.\n\n&#x200B;\n\nAnd what makes it worse for 2 is when someone actually does ask. We are told we don\'t know how a hardware wallet works, or we are giving a depth analysis on what wasn\'t even asked. I even asked this in a support email and got a detail description on the the thing being split or whatever. But it never answered how the service even gets the seed phrase.\n\n&#x200B;\n\nWhen I flat out asked does the seed phrase/master key get exported from the device or we have to manually put it in. I got another deep dive in what I didn\'t ask for. I never got the answer. And it seems like no one is getting an answer to this question.\n\n&#x200B;\n\nSo please answer that question. **Does the master key get exported from the device itself? Or does the user have to manually put in the needed info?**\n\n&#x200B;\n\nAnyways, It would go a long way if your company says firmly state if the tools which allows for the extracting of the private master key is within the firmware update or when does it go on the device. (note I will highly recommend to open source the firmware as soon as possible)\n\n&#x200B;\n\nOr better yet, that and show a detail video on how the new service works. Even more how the service gets the master key. Is it exported, or do you have to manually write in the seed phrase.\n\n&#x200B;\n\n&#x200B;\n\n[Evidence I actually did say that](https://preview.redd.it/zrkn6oe5g96b1.png?width=1407&format=png&auto=webp&v=enabled&s=c48c9485e46ff993f7114ec51cdc59907f257868)\n\n\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\n&#x200B;\n\nTLDR Ledger is pissed at me for exposing their crap or speaking a truth they don\'t want to hear.', 'https://www.reddit.com/r/CryptoCurrency/comments/14ag0oe/so_i_found_out_ive_been_shadow_ban_from_ledger_i/', '14ag0oe', [['u/kryptoNoob69420', 11, '2023-06-16 00:58', 'https://www.reddit.com/r/CryptoCurrency/comments/14ag0oe/so_i_found_out_ive_been_shadow_ban_from_ledger_i/joa8ju7/', 'It was pretty sad to see the most successful hardware wallet manufacturer become greedy enough to give up the most important tenant of their product just to shovel $10 monthly subscriptions.\n\nTheir slimy attitude shows how arrogant their management is and how that arrogance has already started killing their company.', '14ag0oe']]], ['u/crazypostman21', 'Nano was on my mind today.', 53, '2023-06-16 01:46', 'https://www.reddit.com/r/nanocurrency/comments/14ahchn/nano_was_on_my_mind_today/', "So I bought some. Makes me sad to see Nano slip... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['This first-person account of a cryptocurrency hack was verified by Forkast. The writer requested not to be identified due to repeated phishing attacks. First, let me tell you about the cockroaches. The worst holiday I ever had started in Thailand, Phuket Island to be exact, more than two decades ago. I’d rented a motorbike, wasn’t paying attention, skidded on a patch of loose gravel — broke a collarbone and gashed up most of my left arm. A doctor on the island dressed the scrapes and cuts, put me in a sling, but I didn’t need him to tell me the next week of what was a scuba diving holiday wouldn’t involve any time underwater. Still, I was traveling alone and had rented a bungalow on a beach at a nearby island for the next leg and decided I’d go there anyway and rest up. The bungalow was basic, electricity fed from a garden generator, which was temperamental, said the lady at the reception hut, assuring me when the power went off, it would (eventually) come back on. Sure enough, that night the power went out while I was reading in the room, so I dug out a dive flashlight. The Phuket doctor had told me to change the dressing on the gashed arm and also give the cuts time to breathe, so on the second night I took off the dressing, washed the gashes, put the sling back on and went to sleep planning to dress the injury again in the morning. I woke up in the dark and realized something was moving and rustling under the bed sheet on my left side. I reached for the bedside light, but the power was out. I groped for the flashlight on the side table, turned it on, peeled back the bedsheet and saw a swarm of cockroaches feasting on my scraped and bloodied arm. I reacted like I assume most people would by shouting something unprintable, jumping up and swiping and swatting at the arm. In the flashlight, roaches ran across the bed and careened across the floor. I spent the rest of the night in a chair by the door, dog-tired but sweeping the floor with the light every now and then to pick out roaches zipping across the room — whacking whatever came near with the sheet I pulled from the bed. The power never did come back, but when the sun eventually came up, I checked out. Story continues In May this year — just two days before the worst birthday I ever had — two Bitcoin and a little more than two Ether I had spent about four years accumulating was stolen from a\xa0cold wallet through a phishing attack. Several more phishing emails and phone calls followed over the next several days. Sitting at home and shell shocked I found myself remembering that night in Thailand. Then the penny dropped: Hackers are like cockroaches. Once you are targeted, they stay in the dark, but come after you in swarms. I wrote this account to try and put down observations of how these hackers came at me and how I reacted (badly) to hopefully provide some red flag reminders for others. I claim no particular expertise in blockchain or cryptocurrency, but we all know the behavior of cockroaches. After the collapse of the FTX crypto exchange last November I did what a lot of investors did and moved tokens into a cold wallet, in my case a Trezor. I also advised my daughter to move her Bitcoin being saved for university fees to my Trezor, thinking it would be safer. After that, I didn’t really do anything with it — except to occasionally think how weird it was to have thousands of dollars sitting in a desk drawer. (Is this what financial freedom looks like? Should I put it in a bank safe deposit box?) But in December last year, I pulled the Trezor out to explore other functions and in the process, the crypto disappeared. That was freaky, but I messaged support at Satoshi Labs, the Trezor maker, with screenshots and they emailed back after a few days to walk me through what to do. This is the email from Satoshi Labs. Screenshot of SatoshiLabs’ customer service email. Image: provided Apparently I had moved the tokens into a hidden wallet. After a reset, the missing crypto funds appeared again. I didn’t take this further, though being told by Trezor support they had “never seen wallet window” like in the screenshot I sent was troubling. I didn’t touch the Trezor for months after that, though I still had the occasional niggles about the crypto laying around as Bitcoin’s price jumped from the start of the year. Here is the phishing mail that arrived in my inbox in mid-May. It was sent to the email I used for Trezor communications, had the Trezor logo at the top, even seemed to mimic some of the lowercase lettering from Satoshi Labs. And while it has a new ticket ID, it referenced the “missing funds” which was the topic of my mail to Trezor in December. Screenshot of the phishing email received by the victim. Image: provided The email arrived in the evening. I was tired, distracted, doing four things at once online. I looked at it, saw the reference to the missing funds, remembered I hadn’t opened the Trezor since the Ethereum hard fork, and did the thing we know to never, never do, clicked the link and it opened what looked like the Trezor site, I entered the seed phrase. I then watched in disbelief as the crypto was pumped out. Beside loss of assets, theft is an act of psychological violence that leaves you in deep shock and in that state you become disoriented and in denial about what has happened. In other words, you are desperate and vulnerable, and a prime target for a second hack. (Binance has a link on that which I wish I’d seen at the time: How Not to Fall for a Scam Twice ) You also feel enormously stupid. Yes, “even monkeys fall from trees” but I imagine that the monkeys feel pretty stupid, too. I immediately messaged Trezor support in a panic, but the response was to expect a response in three days, not that they could have done anything. I went on Telegram — for reasons I still don’t understand other than desperation — seeking help and advice. One Telegram user was sympathetic and offered to help, wanted the transfer IDs for the hack and then asked for the seed phrase for another wallet I had, proposing to get back the stolen crypto and transfer it there. Of course, it was another cockroach (or maybe the same one) but I was in the state of wanting to believe there was help from the crypto community and that there was a way to get the stolen crypto back. As a result, I almost got taken a second time. (Telegram seems to host whole nests of these roaches. I messaged Telegram at [email protected] to flag this hacker and never heard back from them. Trezor later confirmed they do not have any support groups on Telegram. Neither does Binance.) I continued looking online for other help and found a cybersecurity company that claimed to have teams of ethical hackers that can track and expose online thieves to law enforcement and then get the crypto back. Problem with those services is they want thousands of dollars upfront and, of course, there is no guarantee of any success. (See above on being in shock, vulnerable and getting scammed twice.) Using the transaction IDs for the hack, I could see the cockroach’s wallet and that it had interacted with a Binance wallet. I got online with Binance support, gave them the transaction IDs to ask if they could freeze the wallet. They checked and were very helpful, but it wasn’t a Binance wallet and they could do nothing. However, I did follow Binance support’s advice not to pay thousands of dollars up front to companies offering to get the crypto back. The only real option is file a report to law enforcement — search Google, “Report a Cyber Crime + (Your country)” — and hope. More phishing attacks followed. I received an automated voicemail telling me I needed to call the Singapore immigration department immediately at a U.S. area code number because my details were inaccurate. I don’t live in either country. In early June, I noticed a story online detailing the huge extent of the cryptocurrency hacking and theft that took place in May alone. Beside the major hacks of exchanges that result in millions of dollars of losses spread across thousands of individuals, the story says hackers are shifting their attention to ordinary users. So how many more hundreds or thousands of individuals are being targeted and ripped off every day in other scams? Are the roaches at the gates? Along with the financial devastation, one of the other damaging aspects of being hacked is blaming it on blockchain and cryptocurrencies per se. Confusing the technology, and its potential, with the thieves who exploit it. Because of the transparency of transactions, I can track where the crypto stolen from my Trezor is, but it’s problematic to keep looking because it’s difficult to not see a cockroach with a grin staring back. Phishing attacks on Trezor users are nothing new as the company’s customer emails were hacked in April last year and Trezor put out warnings about it. Because of widespread and ever more sophisticated phishing attacks, some crypto platforms have introduced specific codes for customers – usually a set of numbers chosen by the customer – so any email that arrives claiming to be from the company but lacks the code can be immediately identified as fake. I think it would be a good idea for Satoshi Labs and other exchanges and platforms to adopt that policy to better protect customers. However, the bottom line is I did the thing Satoshi Labs warns over and over again to never do: Punch a seed phrase into a computer. I’ve rebooted the Trezor to start rebuilding again, but I’m also looking at other storage options. We cannot let the roaches win.', 'This first-person account of a cryptocurrency hack was verified by Forkast. The writer requested not to be identified due to repeated phishing attacks. First, let me tell you about the cockroaches. The worst holiday I ever had started in Thailand, Phuket Island to be exact, more than two decades ago. I’d rented a motorbike, wasn’t paying attention, skidded on a patch of loose gravel — bro **Last 60 Days of Bitcoin's Closing Prices:** [30397.55, 28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-17 **Financial & Commodity Data:** - Gold Closing Price: $1958.40 - Crude Oil Closing Price: $71.78 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $514,113,255,012 - Hash Rate: 364329624.4786604 - Transaction Count: 475252.0 - Unique Addresses: 662278.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.47 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: BlackRock, the world's biggest asset manager, is close to filing an application for aBitcoin ETF(exchange traded fund), according to a person familiar with the matter. BlackRock will be usingCoinbase(COIN) Custody for the ETF and the crypto exchange’s spot market data for pricing, the person said. Coinbase declined to comment. BlackRock began working with Coinbase to make crypto directly available to institutional investors midway through last year. Read more:Everything You Need to Know About Bitcoin ETFs It wasn't clear if the ETF will be spot or futures. BlackRock did not immediately respond to requests for comment. To date, the Securities and Exchange Commission (SEC), which oversees ETFs in the U.S., hasrejectedeveryapplicationfor a spot bitcoin ETF, though it has approved severalbitcoin futures ETFsfor trading. UPDATE (June 15, 13:09 UTC):Updates to say Coinbase decline to comment.... - Reddit Posts (Sample): [['u/RonPaulWasR1ght', "Theory on what Blackrock is up to with this whole ETF business. They're going to suck up $, get big, then fork off a PoS version of BTC, and direct their holdings into that shipcoin, as well as those of their clients. Then they'll sell BTC and buy the hard forked shipcoin.", 15, '2023-06-17 00:43', 'https://www.reddit.com/r/Bitcoin/comments/14ba6gs/theory_on_what_blackrock_is_up_to_with_this_whole/', 'So, this is what it looks like Blackrock will try to do here. And you guys tell me if I\'m onto something, or if not, set me straight. But in their proposed prospectus, and I\'m paraphrasing here because my posts get taken down if I include certain links....in their prospectus it says that if there\'s a hard fork of BTC, then the ETF management is at liberty to decide which coin(s) to hold and which to divest the ETF of. So...remember the "change the code, not the climate" horseshit that Greenpeace tried a few years back? Well, let\'s put those two together...\n\nWhat if Blackrock brings in all the doctor\'s widows, and encourages them to put their 401ks in the Blackrock Bitcoin spot ETF, and they pump that thing full of several hundred billion $? Not an impossible amount for them, and that would be a huge fraction of the Bitcoin market cap. So then they write some stupid, retarded shipcoin code on Bitcoin Core, and fork it off. To protect the climate and all that crap. \n\nSo then this new shipcoin will have, overnight, like half of what Bitcoin\'s *entire* *market cap used to have*. So the price of shipcoin will be quite high all of a sudden. To top it off, Blackrock will then sell their original Bitcoin coins, and buy more shipcoin with the proceeds(after a hard fork they\'ll have one of each coin type). Remember throughout ALL of this, they have quick access to the $ printer if they ever need it. \n\nOnce they\'ve successfully smashed the price of Bitcoin, created enormous volatility in it\'s price, and thorougly demonized it for climate crap reasons, they\'ll move to ban it and carry on with the CBDC and all that. \n\nIt\'s truly a "don\'t beat them, join them and control them" approach. Will it work?', 'https://www.reddit.com/r/Bitcoin/comments/14ba6gs/theory_on_what_blackrock_is_up_to_with_this_whole/', '14ba6gs', [['u/coelectric', 31, '2023-06-17 00:48', 'https://www.reddit.com/r/Bitcoin/comments/14ba6gs/theory_on_what_blackrock_is_up_to_with_this_whole/joeo0se/', 'That\'s cool they can dump BTC for their "Piece Of Shit" coin and I\'ll continue to load up at discount prices.', '14ba6gs'], ['u/chrisxinghua', 16, '2023-06-17 01:07', 'https://www.reddit.com/r/Bitcoin/comments/14ba6gs/theory_on_what_blackrock_is_up_to_with_this_whole/joeq8r7/', "You forget. Everyone has been creating new shipcoins. BTC even forked. There's no ecosystem for it, man. They'll be stuck with a dying bird while BTC rises - and then their investors leave them. Makes way more sense for them to just ride BTC for real, they make money in fees no matter what BTC does.", '14ba6gs']]], ['u/Background_Drink6295', '80% RAM AND 30% CPU USAGE 40% GPU USAGE', 1497, '2023-06-17 01:04', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/', "Kick is legit farming Bitcoin on my computer. Playing CSGO doesn't work my PC this hard lmao?\n\n&#x200B;\n\n$3000 PC btw.", 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/', '14bao6d', [['u/lczy23', 225, '2023-06-17 01:06', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeq7ta/', 'yeah same i aint watching that shit lol', '14bao6d'], ['u/PM-ME-QUALITY-ECCHI', 522, '2023-06-17 01:07', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeq9hm/', 'yep. insane PC here too, shit is using 20GB of my 64gb of ram. actual btc miner', '14bao6d'], ['u/Background_Drink6295', 50, '2023-06-17 01:09', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeqhe1/', 'I was also charged twice for my sub', '14bao6d'], ['u/Krait_0601', 18, '2023-06-17 01:13', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joer19t/', '![img](emote|t5_flhe9|7339)', '14bao6d'], ['u/JustSideClimb', 62, '2023-06-17 01:17', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joerehh/', 'Lol just checked. 84% Ram ![img](emote|t5_flhe9|7337)', '14bao6d'], ['u/Alceaus', 35, '2023-06-17 01:17', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joerh64/', "Stream won't even load for me.", '14bao6d'], ['u/SemenWhal3', 10, '2023-06-17 01:17', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joerhax/', '![img](emote|t5_flhe9|7339)', '14bao6d'], ['u/Karahx', 14, '2023-06-17 01:28', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joess4v/', 'I always play games while I have him on in the background, I only watch like 30-60 minutes of each stream actively having the stream up. My game(Killing Floor 2) crashed 3 times having the stream on lol.', '14bao6d'], ['u/quote_if_hasan_threw', 359, '2023-06-17 01:30', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joesyft/', 'Immagine having infinite gamba money to develop an actual decent site and fail catastrophically ![img](emote|t5_flhe9|7339)![img](emote|t5_flhe9|7339)![img](emote|t5_flhe9|7339)', '14bao6d'], ['u/stressedfellar', 109, '2023-06-17 01:30', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joet0eq/', 'lmao I just checked 80% ram, 30% CPU, 20% GPU, +50 million for my juicer though', '14bao6d'], ['u/xJTxD0notPaN1C', 436, '2023-06-17 01:30', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joet1xu/', 'dumbass paying a millionaire', '14bao6d'], ['u/stressedfellar', 105, '2023-06-17 01:31', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joet2k3/', "actually he's with new gold digger now, make that +25 million", '14bao6d'], ['u/PM-ME-QUALITY-ECCHI', 162, '2023-06-17 01:34', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joethhx/', 'they cant even copy paste a website correctly, actually embarrassing', '14bao6d'], ['u/Jgfranco88PkmnGo', 19, '2023-06-17 01:36', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joetqw9/', 'He better cash in that 100 mil check quick!', '14bao6d'], ['u/sataprosenttia', 10, '2023-06-17 01:38', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeu0ii/', 'Gotta get that $100mil back somehow.', '14bao6d'], ['u/_rallen_', 192, '2023-06-17 01:39', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeu3zo/', 'Fucking idiot why would you sub to someone getting paid 100mil lmaooooo', '14bao6d'], ['u/ponyo_impact', 146, '2023-06-17 01:40', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeu92s/', 'literally giving money to someone that just signed a $100,000,000 contract\n\nthanks for letting us all know your a brilliant individual.', '14bao6d'], ['u/Josewx', 40, '2023-06-17 01:42', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeugsc/', 'same, unwatchable, it lags so hard', '14bao6d'], ['u/Illustrious_Risk3732', 23, '2023-06-17 01:44', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeuq79/', "Your not the only one.\n\nMy PC is good and my shit lags with 7TV on or off if I watch YouTube it's ok and the website even lags trying to watch X.", '14bao6d'], ['u/Illustrious_Risk3732', 76, '2023-06-17 01:47', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeuzuf/', '![img](emote|t5_flhe9|7340)', '14bao6d'], ['u/Affectionate-Dog-903', 216, '2023-06-17 01:48', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joev6tw/', 'Bro I tried to sign up and I can’t even get past terms and conditions. Doesnt allow me to accept them lol', '14bao6d'], ['u/HuntingViper', 24, '2023-06-17 01:55', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joevy9i/', "I can't even create an account on this dogshit site", '14bao6d'], ['u/syjosolidum', 87, '2023-06-17 01:55', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joevysp/', 'Brother the kick app heated up my phone while watching X 💀', '14bao6d'], ['u/ItzNotToby', 55, '2023-06-17 01:55', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joevz23/', 'im watching the kick stream through someone re streaming it on yt', '14bao6d'], ['u/iamahandsoapmain', 40, '2023-06-17 01:56', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joew3oj/', 'Mr 100 million please take my money surely you need it more than me ![img](emote|t5_flhe9|7339)![img](emote|t5_flhe9|7339)![img](emote|t5_flhe9|7339)![img](emote|t5_flhe9|7339)![img](emote|t5_flhe9|7339)', '14bao6d'], ['u/SemenWhal3', 65, '2023-06-17 01:56', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joew4pe/', 'imagine actually putting your credentials on there ![img](emote|t5_flhe9|7340)', '14bao6d'], ['u/Skepticul', 73, '2023-06-17 01:57', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joew7tp/', 'Kinda what happens when you have thousands of people flocking to a site that in the past has barely had 200k people on it at a single time. Site has crashed multiple times before. Probably will take a few days for it to settle down and hopefully fix the issues.', '14bao6d'], ['u/MuxOnReddit', 11, '2023-06-17 01:58', 'https://www.re... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Gryphon adds another experienced premier bitcoin mining CFO LAS VEGAS , June 18, 2023 /PRNewswire-PRWeb/ -- Gryphon Digital Mining, Inc. ("Gryphon," "Gryphon Mining," or the "Company") today announced Sim Salzman as its newly appointed Chief Financial Officer. Sim\'s history includes the CFO role at Marathon Digital Holdings, ("Marathon") which grew its market cap from $500 million to approximately $8 billion within Sim\'s first 12 months. Mr. Salzman brings over 20 years of experience in public and private accounting serving clients in a variety of industries, including bitcoin mining. Sim spent over two years at Marathon where he led the finance function as its Chief Financial Officer and Chief Accounting Officer. Prior to Marathon, Sim held CFO roles for various companies including the Las Vegas Monorail Company. Sim also has extensive experience in senior auditor roles at BDO US and RSM US. Sim holds a BS in Accounting and a BA in Criminal Justice from the University of Maryland . "The public bitcoin mining space is only a few years old and experienced executives who have successfully navigated the companies within it are rare." said Rob Chang , CEO of Gryphon Digital Mining. "With Sim we are delighted to add another experienced CFO from a significant publicly traded bitcoin miner to add to our blue-chip team." Investors can learn more about Gryphon by visiting https://gryphondigitalmining.com/ and following it on Twitter @GryphonMining . About Gryphon Digital Mining Gryphon Digital Mining, Inc. is an innovative venture in the bitcoin space dedicated to helping bring digital assets onto the clean energy grid. With a talented leadership team coming from globally recognized brands, Gryphon is assembling thought leaders to improve digital asset network infrastructure. Its Bitcoin mining operation has a net carbon-negative strategy. More information is available on https://gryphondigitalmining.com/ . Story continues Additional Information and Where to Find It This communication may be deemed to be solicitation material with respect to the proposed transactions between Akerna and Gryphon and between Akerna and MJ Acquisition Co. In connection with the proposed transactions, Akerna has filed relevant materials with the United States Securities and Exchange Commission, or the SEC, including a registration statement on Form S-4 that contains a prospectus and a proxy statement. Akerna will mail the proxy statement/prospectus to the Akerna stockholders, and the securities may not be sold or exchanged until the registration statement becomes effective. Investors and securityholders of Akerna and Gryphon are urged to read these materials because they will contain important information about Akerna, Gryphon and the proposed transactions. This communication is not a substitute for the registration statement, definitive proxy statement/prospectus or any other documents that Akerna may file with the SEC or send to securityholders in connection with the proposed transactions. Investors and security holders may obtain free copies of the documents filed with the SEC on Akerna\'s website at http://www.akerna.com , on the SEC\'s website at http://www.sec.gov or by directing a request to Akerna\'s Investor Relations at (516) 419-9915. This communication is not a proxy statement or a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed transactions, and shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. Participants in the Solicitation Each of Akerna, Gryphon, MJ Acquisition Co. and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of Akerna in connection with the proposed transactions. Information about the executive officers and directors of Akerna is set forth in Akerna\'s Definitive Proxy Statement on Schedule 14A relating to the 2022 Annual Meeting of Stockholders, filed with the SEC on April 19, 2022 . Other information regarding the interests of such individuals, who may be deemed to be participants in the solicitation of proxies for the stockholders of Akerna, is set forth in the proxy statement/prospectus included in Akerna\'s registration statement on Form S-4. You may obtain free copies of these documents as described above. Cautionary Statements Regarding Forward-Looking Statements This press release contains forward-looking statements based upon the current expectations of Gryphon and Akerna. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation: (i) the risk that the conditions to the closing of the proposed transactions are not satisfied, including the failure to timely obtain stockholder approval for the transactions, if at all; (ii) uncertainties as to the timing of the consummation of the proposed transactions and the ability of each of Akerna, Gryphon and MJ Acquisition Co. to consummate the proposed merger or asset sale, as applicable; (iii) risks related to Akerna\'s ability to manage its operating expenses and its expenses associated with the proposed transactions pending closing; (iv) risks related to the failure or delay in obtaining required approvals from any governmental or quasi-governmental entity necessary to consummate the proposed transactions; (v) the risk that as a result of adjustments to the exchange ratio, Akerna stockholders and Gryphon stockholders could own more or less of the combined company than is currently anticipated; (vi) risks related to the market price of Akerna\'s common stock relative to the exchange ratio; (vii) unexpected costs, charges or expenses resulting from either or both of the proposed transactions; (viii) potential adverse reactions or changes to business relationships resulting from the announcement or completion of the proposed transactions; (ix) risks related to the inability of the combined company to obtain sufficient additional capital to continue to advance its business plan; and (x) risks associated with the possible failure to realize certain anticipated benefits of the proposed transactions, including with respect to future financial and operating results. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties. These and other risks and uncertainties are more fully described in periodic filings with the SEC, including the factors described in the section titled "Risk Factors" in Akerna\'s Annual Report on Form 10-K for the year ended December 31, 2022 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 , each filed with the SEC, and in other filings that Akerna makes and will make with the SEC in connection with the proposed transactions, including the proxy statement/prospectus described under "Additional Information and Where to Find It." You should not place undue reliance on these forward-looking statements, which are made only as of the date hereof or as of the dates indicated in the forward-looking statements. Except as required by law, Akerna and Gryphon expressly disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based. Media Contact Rob Chang , Gryphon Digital Mining, (877) 646-3374, [email protected] SOURCE Gryphon Digital Mining', 'Gryphon adds another experienced premier bitcoin mining CFO LAS VEGAS , June 18, 2023 /PRNewswire-PRWeb/ -- Gryphon Digital Mining, Inc. ("Gryphon," "Gryphon Mining," or the "Company") today announced Sim Salzman as its newly appointed Chief Financial Officer. Sim\'s history includes the CFO role at Marathon Digital Holdings, ("Marathon") which grew its market cap from $500 million to approximately $8 billion within Sim\'s first 12 months. Mr. Salzman brings over 20 years of experience in public and private accounting serving clients in a variety of industries, including bitcoin mining. Sim spent over two years at Marathon where he led the finance function as its Chief Financial Officer and Chief Accounting Officer. Prior to Marathon, Sim held CFO roles for various companies including the Las Vegas Monorail Company. Sim also has extensive experience in senior auditor roles at BDO US and RSM US. Sim holds a BS in Accounting and a BA in Criminal Justice from the University of Maryland . "The public bitcoin mining space is only a few years old and experienced executives who have successfully navigated the companies within it are rare." said Rob Chang , CEO of Gryphon Digital Mining. "With Sim we are delighted to add another experienced CFO from a significant publicly traded bitcoin miner to add to our blue-chip team." Investors can learn more about Gryphon by visiting https://gryphondigitalmining.com/ and following it on Twitter @GryphonMining . About Gryphon Digital Mining Gryphon Digital Mining, Inc. is an innovative venture in the bitcoin space dedicated to helping bring digital assets onto the clean energy grid. With a talented leadership team coming from globally recognized brands, Gryphon is assembling thought leaders to improve digital asset network infrastructure. Its Bitcoin mining operation has a net carbon-negative strategy. More information is a **Last 60 Days of Bitcoin's Closing Prices:** [28822.68, 28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-18 **Financial & Commodity Data:** - Gold Closing Price: $1958.40 - Crude Oil Closing Price: $71.78 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $515,258,984,750 - Hash Rate: 392955523.5448409 - Transaction Count: 439868.0 - Unique Addresses: 661930.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.49 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: As regular readers of this newsletter know, I’m no Elon Musk fan . But when the man is right, he’s right. That’s the case when it comes to the Tesla CEO’s observation this week that “if Apple competes against the whole world, Apple will have the whole world against it. This is not a winning scenario.” Musk’s comment came in response to a tweet by Twitter cofounder Jack Dorsey who objected to a decision by Apple’s CEO to remove the fledgling social network Damus from the company’s app store on the grounds it let users send Bitcoin-based “tips” to each other. Dorsey replied to Musk: “indeed.” The episode is notable because it appears to be the first tweet in months for Dorsey, who has been silent on the platform after suggesting that Musk—who bought Twitter last year—was mismanaging the social network. But it’s also significant because the two men are influential billionaires who join numerous other entrepreneurs frustrated with Apple’s high-handed control over the app environment. Apple’s decision to evict Damus from its app store over tipping is tied to the company’s policy that app makers must hand over 30% of whatever money they receive as payment for digital content. That policy is why Amazon Prime doesn’t let users buy videos directly in the app but asks them instead to go to its website. In the case of Damus, as Dorsey wrote on Twitter, Apple’s justification for booting the app seems flimsy. Sending a Bitcoin tip to another user—Damus uses the low-cost Lightning network—is not really the same as purchasing content. But Apple is demanding its tax all the same. It’s hard not to view the iPhone move as just the latest example of its recent anti-crypto stance . That stance is convenient for Apple at a time when the company is muscling into payments, challenging the likes of PayPal, and working with Goldman Sachs to get a piece of the credit card business. Given that Bitcoin’s Lightning network offers a cheap and efficient alternative to move money around, it wouldn’t be surprising if Apple has decided to try and smother any such services in the crib. Story continues This is the price we pay for using Apple. Like many of you, I rely on the company’s tightly controlled ecosystem—iMessage, iCloud, and so on—and appreciate its convenience and security. These are the so-called golden handcuffs we agree to put on in embracing Apple. But as Musk implied, it feels like the handcuffs are getting tighter every year, and the company risks trading its history of innovation to become just another monopolist. Jeff John Roberts [email protected] @jeffjohnroberts This story was originally featured on Fortune.com More from Fortune: 5 side hustles where you may earn over $20,000 per year—all while working from home Looking to make extra cash? This CD has a 5.15% APY right now Buying a house? Here's how much to save This is how much money you need to earn annually to comfortably buy a $600,000 home... - Reddit Posts (Sample): [['u/RuneW007', 'How and when did you first hear about Bitcoin?', 31, '2023-06-18 00:18', 'https://www.reddit.com/r/CryptoCurrency/comments/14c3hgk/how_and_when_did_you_first_hear_about_bitcoin/', 'My very first time hearing about Bitcoin was late 2016 when Btc was around 700$ a coin. I was watching a Youtube video about some guy purchasing stuff on the dark web, like Iphones and hacked streaming accounts. The guy was spending some Bitcoins to test if you could really buy these things on the dark web and if these things really got delivered to your house. If i remember correctly, he got scammed and he never received the Iphone that he bought for around 1 BTC. Looking in hindsight, this was a very expensive Iphone that he never received. \n\nSo I came here to hear about your stories about how and when you first discovered Bitcoin and if you unlike me decided to invest some money in the coin that we now all love. So share your story for us.', 'https://www.reddit.com/r/CryptoCurrency/comments/14c3hgk/how_and_when_did_you_first_hear_about_bitcoin/', '14c3hgk', [['u/Therowerr', 19, '2023-06-18 00:25', 'https://www.reddit.com/r/CryptoCurrency/comments/14c3hgk/how_and_when_did_you_first_hear_about_bitcoin/joiqsj9/', "I hope i can say 2009, the only time that i missed a huge chance to become Jeff Bezos's friend.", '14c3hgk'], ['u/dick_piana', 15, '2023-06-18 00:25', 'https://www.reddit.com/r/CryptoCurrency/comments/14c3hgk/how_and_when_did_you_first_hear_about_bitcoin/joiqu3h/', "On a certain imageboard, it was pretty much as soon as it was created. Didn't understand it and thought it was a scam.", '14c3hgk'], ['u/pure94', 16, '2023-06-18 00:30', 'https://www.reddit.com/r/CryptoCurrency/comments/14c3hgk/how_and_when_did_you_first_hear_about_bitcoin/joirepn/', 'Silkroad was the gateway for myself and my circle of friends', '14c3hgk'], ['u/Mr_Bob_Ferguson', 11, '2023-06-18 00:36', 'https://www.reddit.com/r/CryptoCurrency/comments/14c3hgk/how_and_when_did_you_first_hear_about_bitcoin/jois569/', ">Didn't understand it and thought it was a scam.\n\nThat describes most of the world's population as of 18 June 2023.", '14c3hgk'], ['u/rootpl', 12, '2023-06-18 00:56', 'https://www.reddit.com/r/CryptoCurrency/comments/14c3hgk/how_and_when_did_you_first_hear_about_bitcoin/joiugzz/', 'I heard about it around 2010 and my then very nerdy (in a bad way) friend talked about it like it was a second coming of Christ and I thought "that\'s just dumb" if it wasn\'t him explaining it to me I\'d probably invest... just a wrong person in a wrong time. Feels bad man...', '14c3hgk'], ['u/chadman350', 13, '2023-06-18 01:06', 'https://www.reddit.com/r/CryptoCurrency/comments/14c3hgk/how_and_when_did_you_first_hear_about_bitcoin/joivq0p/', 'Bought some to use on Silk Road at $12. Sold the rest to a friend at $84 and thought I was a genius', '14c3hgk']]], ['u/BTC_Commons', 'Where Bitcoin truly is “The people’s money:” A reflection on my time in El Salvador', 142, '2023-06-18 04:33', 'https://www.reddit.com/r/Bitcoin/comments/14c8swl/where_bitcoin_truly_is_the_peoples_money_a/', '[Read on Substack](https://bitcoincommons.substack.com/p/where-bitcoin-truly-is-the-peoples), [Read on Habla](https://habla.news/a/naddr1qqxnzd3cxuerjwpsxqmrwv3eqyf8wumn8ghj7ur4wfcxcetsv9njuetnqyxhwumn8ghj7mn0wvhxcmmvqy08wumn8ghj7mn0wd68yttjv4kxz7fwdehkkmm5v9ex7tnrdakszynhwden5te0danxvcmgv95kutnsw43qz9rhwden5te0wfjkccte9ejxzmt4wvhxjmcpzpmhxue69uhkummnw3ezuamfdejsygrz53gqfu8eltydhue5ez3gvah7f7xlxxpwlhymsch08wdm9lmcc5psgqqqw4rsx7794u)\n\nMore than two years after El Salvador burst onto the international stage by making Bitcoin legal tender, I was finally able to pay a visit to this almost mythic land, and it did not disappoint. From San Salvador to Santa Ana to El Zonte, everywhere you could see the national project changing the physical landscape, and sense the palpable excitement and connection of the people to the vibrant pulse of a nation truly reborn. ‘Don’t trust, verify,’ we bitcoiners like to say. To my very own surprise, the facts on the ground not only lived up to the hype, they exceeded it.\n\n**1. Pupusas and Pilsener**\n\nTraveling on a tight schedule, our only night in San Salvador seemed like a lost cause due to the 6-hour delay of our flight from Honduras. With the sun getting quite low on the horizon by the time we landed, our expectations to behold the cathedral and public square of the Centro Historico in their full glory were mostly dashed. Thankfully, we went anyways.\n\nAfter strolling around late into the night, and working up quite the appetite, Google Maps indicated that “San Jose” was the only pupuseria still open nearby. The place was very unassuming, a ‘hole in the wall’ type of establishment. Workers finishing their long day shifted in and out, getting a quick bite before going home for the night.\n\n[Pupuseria San Jose](https://preview.redd.it/kxtilfe9uo6b1.jpg?width=4032&format=pjpg&auto=webp&v=enabled&s=49afe3dd7002bf3a3f2ec2f1ef4f9199d5a38a1c)\n\nInside, neon lights bounced off the bright orange cement walls, and in the front, next to the grill where a young woman churned out pupusas by the dozen, a big purple Chivo sign read “Se aceptan pagos con Bitcoin.” I am not one to believe in omens, but when the universe gifts you purple and orange at the people’s pupuseria of choice, the classy thing to do is to acknowledge, and enjoy.\n\nAfter getting our order, we made our way to the long wooden benches that lined the walls on each side, and sat among the jars of pickled cabbage decorating the rows of cheap plastic tables. As we wolfed down the pupusas and drank our Pilsener beers, a voice beamed down from the TV hanging by the ceiling menu: “He arrived at the presidency in debt, with his investments in the gutter, and this person left the presidency as a millionaire...”\n\n[Wall Menu](https://preview.redd.it/j8q1nncbuo6b1.jpg?width=3972&format=pjpg&auto=webp&v=enabled&s=3383215e8d6334b8bf56dd1a0d641069e5a760a5)\n\nIt was Attorney General Rodolfo Antonio Delgado Montes, [talking to the press](https://www.youtube.com/live/XU70xL2UeNg?feature=share) after [confiscating the properties](https://larepublica.pe/mundo/2023/06/02/el-salvador-alfredo-cristiani-nayib-bukele-anuncia-la-intervencion-de-las-propiedades-del-expresidente-cristiani-felix-cristiani-caso-gabela-98922) of [Alfredo Cristiani](https://en.wikipedia.org/wiki/Alfredo_Cristiani), former president and surrogate for Monsanto in Central America. Far from being another sanitized news segment, the AG spoke candidly and at length, seemingly without a script, while everyone in the pupuseria listened intently; even the workers turned to watch or glanced at it as they multi tasked. ‘For once, justice is served,’ the atmosphere whispered atop the sizzling of the grill.\n\nSoon, with a full belly and some alcohol in our blood, the moment of truth approached. Would they truly accept Bitcoin? Sure enough, Juan flashed a big grin when I asked, whipped out his Chivo wallet, and produced a QR code for me to scan. To my surprise, it was an on-chain nested Segwit address that began with a 3. Not discouraged, I asked for a lightning invoice, which confused Juan. It turns out, nobody had explained to him the difference, and he did not know if Chivo even had Lightning. A few taps later, however, it all worked out and I zapped him $6.05 from my Phoenix wallet.\n\n**2. Like asking for a doggie bag at a Michelin restaurant**\n\nEven though bitcoiners love to refer to Satoshi’s beloved invention as ‘the people’s money,’ the reality is that in most of the industrialized nations, Bitcoin has gained more footing as an investment vehicle than as something that captures the hopes and dreams of the poor and the financially marginalized. And though we are working hard to change that, and change it shall in due time, at the moment Bitcoin is mostly associated with the financial markets, tech investment proposals, venture funds and the sort.\n\nFor example, while Jack Mallers is constantly asked to speak on Bloomberg news, indicating the business community is developing a nuanced and sophisticated understanding of the issue, popular lefty outlets like DemocracyNow continue to stick to skewed and misinformed establishment narratives about Bitcoin. Nor is the media coverage the only sign of Bitcoin’s lack of purchase among the most disadvantaged. Each year, to join the biggest celebration and gathering of bitcoiners, the cheapest tickets will set you back hundreds of dollars, not including the cost of lodging and transportation. This is not a value judgment, just the reality on the ground.\n\nIn El Salvador, the equation seemed to be reversed.\n\nOur experience in the pupuseria replicated itself dozens of times during our stay in the country. From taxi drivers to stand vendors, we were able to successfully pay with Lightning quite consistently, about half of the time. But most curiously, adoption had the least penetration the more affluent the environment became.\n\nTake the example of our accommodations: we stayed at Hotel Armonia in San Salvador, and Captain Morgan Hostel by Lake Coatepeque. Both charged around $60 per night, and both accepted Lightning. In fact, I had some great banter about Bitcoin adoption with the staff at Hotel Armonia, and left a chalk note for posterity with the price of Bitcoin at Captain Morgan.\n\n[Captain Morgan Chalk Board](https://preview.redd.it/tmy0ga8euo6b1.jpg?width=3024&format=pjpg&auto=webp&v=enabled&s=58b2bc715c7ca417b52ffe08e8c24c0a433a49ee)\n\nHowever, Hotel Equinoccio, by far the most expensive place in our list at $150 per night, did not take Bitcoin payments. From a pool by the volcano lake, to private jet skies, to a perfectly manicured lawn to sunbathe in and a menu with exotic ‘detox’ drinks, this place had it all. Except Bitcoin payments. In fact, when I asked Fernando, he gave me a strained, hard to decipher look. It was not confusion, for he most decidedly knew what Bitcoin ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin dipped on Monday morning in Asia after reclaiming the US$26,000 support level over the weekend. Ether also fell back, but held above US$1,700. \xa0XRP, Dogecoin and Litecoin were the only gainers among the top 10 non-stablecoin cryptocurrencies, while Tron’s TRX led the losers. The U.S.-based crypto exchange Bakkt reportedly joined other trading platforms in delisting Polygon, Solana and Cardano after the U.S. regulator this month labelled them illegally issued financial securities. U.S. equity markets are closed Monday for a public holiday, but they could gain in the week ahead aseconomic dataon Friday pointed to slowing inflation, while the first visit to China in almost five years by a top U.S.diplomatcould be a positive for capital markets.\nBitcoin fell 0.97% over the last 24 hours to US$26,308 at 07:00 a.m. in Hong Kong, but held onto a weekly gain of 1.58%, according todatafrom CoinMarketCap.\nThe world’s largest cryptocurrency breached the US$26,000 level on Saturday to reach a seven-day high of US$26,769. The token had slumped to three-month lows at the end of last week.\nEther edged down 0.82% to US$1,716, logging a weekly loss of 2.18%.\nWith the exception of XRP, other top 10 non-stablecoin cryptocurrencies traded lower in the past 24 hours. Polygon’s Matic led the losers, slumping 3.22% to US$0.5971 and down 5.88% over the past seven days.\nNew York-based crypto exchange Bakkt has suspended trading of Polygon, Solana and Cardano tokens and plans to delist them, according toFortuneon Friday. Trading platforms such as Robinhood and eToro have also decided todelistmultiple cryptocurrencies after the U.S. Securities and Exchange Commission (SEC) filed lawsuits this month against Coinbase and Binance.US and named a long list of cryptocurrencies as securities that were issued and sold without SEC approval.\n“Bitcoin and other cryptocurrencies were affected by increasingly changing sentiment toward crypto as traders could limit their risk-taking in the crypto market due to limited upside catalysts and particularly considering the legal risks in the US,” said Wael Makarem, senior market strategist at trading platformExness Group, in emailed comments.\n“The legal actions could scare away some investors from the market but could be relatively positive for Bitcoin’s dominance against other cryptocurrencies. In this regard, Bitcoin has also been gaining ground against Ethereum,” said Makarem.\nThe Bitcoin balance on crypto exchanges reached a three-month low of 2,281,978.198 tokens on Sunday, according to blockchain data trackerGlassnode, which reduced some selling pressure as investors normally move tokens to exchanges when they plan to sell.\nXRP logged gains for the past 24 hours, rising 1.01% to US$0.4859, but losing 6.34% for the week.\nFinTech firm Ripple Labs, whose crypto payment platform is powered by XRP, announced on Friday apartnershipwith Columbia’s central bank to explore the use of blockchain technologies in the country’s digital payment system.\nLast Friday, MakerDAO’s stablecoin Dai replaced Binance USD (BUSD) as the third largest stablecoin by market cap. BUSD has seen its market cap falling over 10% in the past seven days, after the SEC issuedcharges against Binanceon June 5, according to data fromCoinGecko.\nThe total cryptocurrency market cap dipped 0.53% to US$1.07 trillion in the last 24 hours, while crypto trading volume fell 18.47% to US$19.69 billion, according to CoinMarketCap data.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, theForkast 500 NFT indexdipped 0.16% to 2,878.56 in the 24 hours to 09:30 a.m. in Hong Kong. The index is down 4.80% for the seven days.\nNFT sales on Ethereum fell 20.61% in the past 24 hours to US$11.06 million, according toCryptoSlamdata. Sales on the Bitcoin blockchain slid 44.71% to US$882,550.\n“Sales across Ethereum and Bitcoin continue to lose steam, and it’s hard to say when this could turn around due to uncertainty with regulations and legal matters up in the air,”saidYehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News.\nDespite the decline, Sotheby’s NFT auction sawRingers #879, an Ethereum-based NFT created by Canadian artist Dmitri Cherniak, sell for US$6.2 million on Friday, the second highest sale of a piece of generative art, or created using autonomous systems.\n“Sotheby’s auction concluded and saw $10.9m in sales, over half of which was from the Ringers grail,” said Petscher, “It’s worth noting that the supposed buyer already a major NFT trader, so this auction didn’t seem to draw attention from the traditional art world. Is it bullish still for NFT art? Yes, but there’s still always concern that the NFT ecosystem is largely an echochamber.”\nElsewhere, the U.S. sportswear giant Nike released ateaseron Saturday which appears to be an NFT collaboration with online video game Fortnite, which will be unveiled on June 20. .SWOOSH, Nike’s Web 3.0 platform that issues NFT sneakers, also announced apartnershipwith sports video game publisher EA Sports earlier this month.\n“A new innovation has reached Ethereum calledethscriptions, inspired by inscriptions on Bitcoin. This new process allows you to inscribe tiny images (under 96kb) on mostly any Ethereum transaction, thus allowing cheap on-chain image storage,” said Petscher.\n“The innovation here is the ease of storing an image on-chain, which is typically avoided in standard contract storage due to the high cost. In just a few days nearly 200ETH of secondary volume has been transacted, most from a sold out 10k collection of Ethereum Punks.”\nU.S. stock futures traded mixed as of 11:30 a.m. in Hong Kong. Dow Jones Industrial Average futures dipped 0.10%, the S&P 500 inched up 0.01%, while Nasdaq futures added 0.16%. The U.S. stock market is closed Monday for a public holiday and will open on Tuesday.\nThe three major U.S. stock indexes all closed lower on Friday but logged gains for the week, as investors sorted through mixed signals from economic data and comments from Federal Reserve officials on Friday.\nAsurveyby the University of Michigan on Friday showed consumers expect annual inflation of 3.3% over the next year, the lowest since March 2021, but still above the Federal Reserve’s goal of annual inflation below 2%.\nFederal Reserve GovernorChristopher Wallerand Richmond Federal Reserve Bank PresidentThomas Barkinsaid on Friday that more interest rate hikes might be required to fight inflation.\n“We’re seeing policy rates having some effects on parts of the economy. The labor market is still strong, but core-kind of inflation is just not moving and that’s going to require probably some more tightening to try to get that going down,” said Waller in his Friday speech.\nThe Federal Reserve will meet on July 26 to make its next move on interest rates, which are now between 5 and 5.25%, the highest since 2006. TheCME FedWatch Toolpredicts a 28.1% chance the Fed will keep rates unchanged in July, and a 71.9% chance for another 25-basis-point rate hike.\nMeanwhile in China, analysts expect the country’s central bank to make a 10 basis-point cut to its one-year and five-year loan prime rates on Tuesday, lowering the rates to 3.55% and 4.20% as the country struggles with a slow post-Covid recovery, according toReuterson Monday.\n(Updates with equities section.)', 'Bitcoin dipped on Monday morning in Asia after reclaiming the US$26,000 support level over the weekend. Ether also fell back, but held above US$1,700. \xa0XRP, Dogecoin and Litecoin were the only gainers among the top 10 non-stablecoin cryptocurrencies, while Tron\x92s TRX led the losers. The U.S.-based crypto exchange Bakkt reportedly joined other trading platforms in delisting Polygon, Solana and Cardano after the U.S. regulator this month labelled them illegally issued financial securities. U.S. equity markets are closed Monday for a public holiday, but they could gain in the week ahead as economic data on Friday pointed to slowing inflation, while the first visit to China in almost five years by a top U.S. diplomat could be a positive for capital markets. Bitcoin, Ether dip; XRP rises Bitcoin fell 0.97% over the last 24 hours to US$26,308 at 07:00 a.m. in Hong Kong, but held onto a weekly gain of 1.58%, according to data from CoinMarketCap. The world\x92s largest cryptocurrency breached the US$26,000 level on Saturday to reach a seven-day high of US$26,769. The token had slumped to three-month lows at the end of last week. Ether edged down 0.82% to US$1,716, logging a weekly loss of 2.18%. With the exception of XRP, other top 10 non-stablecoin cryptocurrencies traded lower in the past 24 hours. Polygon\x92s Matic led the losers, slumping 3.22% to US$0.5971 and down 5.88% over the past seven days. New York-based crypto exchange Bakkt has suspended trading of Polygon, Solana and Cardano tokens and plans to delist them, according to Fortune on Friday. Trading platforms such as Robinhood and eToro have also decided to delist multiple cryptocurrencies after the U.S. Securities and Exchange Commission (SEC) filed lawsuits this month against Coinbase and Binance.US and named a long list of cryptocurrencies as securities that were issued and sold without SEC approval. \x93Bitcoin and other cryptocurrencies were affected by increasingly changing sentiment toward crypto as traders could limit their risk-taking in the crypto market due to limited upside catalysts and particularly considering the legal risks in the US,\x94 said Wael Makarem, senior market strategist at trading platform Exness Group , in emailed comments. Story continues \x93The legal actions could scare away some investors from the market but could be relatively positive for Bitcoin\x92s dominance against other cryptocurrencies. In this regard, Bitcoin has also been gaining **Last 60 Days of Bitcoin's Closing Prices:** [28245.99, 27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-19 **Financial & Commodity Data:** - Gold Closing Price: $1958.40 - Crude Oil Closing Price: $71.78 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $513,280,369,519 - Hash Rate: 369534333.3997841 - Transaction Count: 415604.0 - Unique Addresses: 614017.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.47 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: LAS VEGAS, May 22, 2023 (GLOBE NEWSWIRE) --Ault Alliance, Inc.(NYSE American: AULT) (“Ault Alliance”), a diversified holding company, andBitNile Metaverse, Inc.(Nasdaq: BNMV) (“BitNile Metaverse” or the “Company”), the latter of which operates the growing virtual world,BITNILE.COM(the “Platform”), announced the launch of social gaming on the Platform with the first public release of its online roulette feature. Previously available only as a Beta release, the new version of roulette offers users an opportunity to play merely for fun or for real money prizes through a sweepstakes model. Sweepstakes are only open to residents of the United States (other than residents of Idaho and Washington) who are at least eighteen years old or the age of majority in their jurisdiction (whichever occurs later) at the time of entry. Participation is void where prohibited by law. “We are excited for the launch of roulette, the first of several games and in-world features expected to be made available on the Platform in the coming months,” said Founder and Executive Chairman of Ault Alliance, Milton “Todd” Ault, III. “Unlike traditional online games, players are not confined to a screen but can explore the site as well as interact with other players. It's the closest you can get to real-life gaming without ever having to leave your chair.” BitNile Metaverse, through its wholly owned subsidiary BitNile.com, Inc. (“BNI”), owns and operates the Platform. “BitNile.com has surpassed 1,400,000 engaged users since its launch,” said Douglas Gintz, President of BNI. “Our team is working diligently to introduce additional games and other forms of entertainment on the Platform that we expect will appeal to our expanding audience.” Launched on March 1, 2023, the Early Release version of the Platform provides a preview of the virtual world and related activities. New features and functionality will be added as they become available, including social gaming, eCommerce, live streaming entertainment, and social networking. Users can access and explore the early-access version of the Platform and receive updates by visitinghttps://BitNile.com. The Platform uses Google Analytics to track usage and identify users. A user is considered to be “engaged” if one of the following conditions is met: the session lasted longer than ten seconds; it resulted in one or more conversion events; or it resulted in two or more page/screen views. About BitNile Metaverse, Inc. Founded in 2011, BitNile Metaverse (Nasdaq: BNMV) owns 100% of BitNile.com, Inc., including the BITNILE.COM metaverse platform. The Platform, which went live to the public on March 1, 2023, allows users to engage with a new social networking community and purchase both digital and physical products while playing 3D immersive games. In addition to BitNile.com, Inc., BitNile Metaverse also owns three non-core subsidiaries either directly or indirectly: approximately 66% of Wolf Energy Services Inc. (OTCQB: WOEN) indirectly; 100% of Zest Labs, Inc. directly; and approximately 89% of Agora Digital Holdings Inc. directly. BitNile Metaverse also owns approximately 70% of White River Energy Corp (OTCQB: WTRV). About Ault Alliance, Inc. Ault Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and provides mission-critical products that support a diverse range of industries, including metaverse platform, oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141;www.ault.com. Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and neither Ault Alliance nor BitNile Metaverse undertake any obligation to update any of these statements publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. In addition to risks relating to the acceptance of the Platform by individuals, competition with much larger companies operating metaverses and BitNile Metaverse’s ability to raise capital, investors should review risk factors, that could affect either or both of the Ault Alliance’s and BitNile Metaverse’s respective businesses and financial results which are included in Ault Alliance’s and BitNile Metaverse’s respective filings with the U.S. Securities and Exchange Commission, including, but not limited to, their respective Forms 10-K, 10-Q and 8-K. All such filings are available atwww.sec.govand on the companies’ websites atwww.Ault.comandwww.bitnile.net, respectively. ContactsBitNile Metaverse Investor Contact:[email protected] 1-800-762-7293 Ault Alliance Investor Contact:[email protected] 1-888-753-2235... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening: Prices: BTC was trading at $26.8K, but Oanda Senior Market Analyst Craig Erlam is skeptical that bitcoin\'s price will rise significantly in the months ahead amid uncertain industry and economic news. Insights: A number of crypto exchanges feature market makers. Do they create conflicts of interest? An FT story looks at Crypto.com\'s market maker. Prices CoinDesk Market Index (CMI) 1,120 +12.6 ▲ 1.1% Bitcoin (BTC) $26,816 +440.3 ▲ 1.7% Ethereum (ETH) $1,736 +11.5 ▲ 0.7% S&P 500 4,409.59 −16.3 ▼ 0.4% Gold $1,963 +4.8 ▲ 0.2% Nikkei 225 33,370.42 −335.7 ▼ 1.0% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,120 +12.6 ▲ 1.1% Bitcoin (BTC) $26,816 +440.3 ▲ 1.7% Ethereum (ETH) $1,736 +11.5 ▲ 0.7% S&P 500 4,409.59 −16.3 ▼ 0.4% Gold $1,963 +4.8 ▲ 0.2% Nikkei 225 33,370.42 −335.7 ▼ 1.0% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) BlackRock has Buoyed the Market, but Bitcoin \'Looks Vulnerable\' Both bitcoin and ether are beginning the Asia trading day in the green, with the world’s largest digital asset up 1.7% to $26,816 while ether is up 0.7% to $1,736. While the market remains optimistic that BlackRock will be successful with its application for a bitcoin spot exchange-traded fund, Craig Erlam, a Senior Market Analyst with OANDA, said in a note that bitcoin still looks “vulnerable”. “Bitcoin ended last week quite positively after dropping to three-month lows on Wednesday, but it continues to look vulnerable to further declines,” Erlam said. “The two-month trend is not in its favour, and the news flow isn\'t exactly helping the situation either. It\'s had a remarkable year and remains more than 50% higher, so it\'s hardly a dire situation.” Erlam still thinks there’s a bull case for bitcoin, it just hasn’t been realized yet. The recent downturns, he argues, are simply a correction phase within an overall optimistic bull market. Story continues “However, there\'s little evidence indicating any imminent improvement, especially considering the Securities and Exchange Commission\'s intensifying scrutiny of major exchanges,” he concluded. Biggest Gainers Asset Ticker Returns DACS Sector Solana SOL +4.3% Smart Contract Platform Polygon MATIC +3.1% Smart Contract Platform Bitcoin BTC +1.8% Currency Biggest Losers Asset Ticker Returns DACS Sector Chainlink LINK −0.6% Computing Polkadot DOT −0.1% Smart Contract Platform Insights Should Crypto Exchanges Have Market Makers? Crypto.com has joined the club of crypto exchanges that operate an internal market maker, the Financial Times reported Monday . Market makers are entities that use their own capital to facilitate the trade of tokens on exchanges by taking the counter position on a trade, allowing investors to rapidly exit positions without a counterparty at the other end. If exchanges didn’t have market makers, their liquidity would be considerably thinner on all but the largest tokens. “We have an internal market maker that operates on the Crypto.com exchange, and that internal market maker is treated exactly the same as third-party market makers that identically facilitate tight spreads and efficient markets on our platform,” the company told the FT. “This is not a controversial practice.” In the world of Decentralized Finance (DeFi), automated market makers are what allow platforms like Uniswap to exist. By their nature, most crypto exchanges operate internal market makers. Famously, Binance has Sigma Chain and Merit Peak ,which have been in the news recently. Disgraced FTX, had Alameda. Coinbase denies that it runs one. Participants on the platform, including market makers, are treated equally,” Crypto.com also told the FT. “[The exchange] does not rely on proprietary trading as a source of revenue”. Without having an internal market maker, it simply wouldn’t be profitable – or even perhaps possible – to list smaller cap tokens and expect a market to form around them. There just won’t be enough activity to quickly match buyers and sellers, making the bid depth unappealing to traders. Some exchanges instead choose to allow external market makers to operate on their platform. Bullish, for instance, uses B2C2, as an example . Operating internal market makers raises lots of possibilities for allegations of conflict of interest. Alameda was an investor in many of the tokens it traded as a market maker. Allegations that Sigma Chain or Merit Peak manipulates markets have yet to be proven in court. Of course, this isn’t a great look for the industry. But it’s just how it works. So many r etail equity trades operate in the same way – it\'s just how the industry works. DeFi’s automated market makers perhaps are a better option, as they are algorithmic and open source, but even these can be accused of bias. If Crypto.com really lied to outside parties, as the FT claims, about its market-making operations, then that’s a story. But as it stands, and as it said in its rebuttals to the FT’s questions, it’s just doing what everyone else does. Poor optics, yes, but welcome to crypto. Important events. 9:15 a.m. HKT/SGT(1:15 a.m. UTC): The People\'s Bank of China interest rate decision 9:35 a.m. HKT/SGT(1:35 a.m. UTC): Speech by Reserve Bank of Australia Assistant Governor Christopher Kent 8:30 p.m. H1HKT/SGT(12:30 p.m. UTC): U.S. Housing Starts (May) CoinDesk TV In case you missed it, here is the most recent episode of "The Hash" on CoinDesk TV : Abra Insolvent for Months: Regulators; Tether’s Banking Relationships Detailed in Legal Documents "The Hash" hosts unpack today\'s top stories: Binance\'s French unit undergoes investigation by local authorities for the "illegal" provision of digital asset services and "acts of aggravated money laundering". The exchange is also leaving the Netherlands after failing to acquire a license from the Dutch regulator. Separately, crypto lender Abra has been insolvent since at least March 31, 2023, state securities regulators alleged on Thursday. Plus, new documents obtained by CoinDesk under a Freedom of Information Law request, offer a rare but limited window into the reserves behind USDT. And, the latest on former President Donald Trump\'s NFT project. Headlines Do Kwon Sentenced to 4 Months Jail in Montenegro Document Forgery Case: The court has also ordered the confiscation of two Costa Rican passports, two Belgian passports and two identity cards belonging to Kwon and Terra executive Han Chang-Joon. Hinman Documents Release in SEC-Ripple Case Is a Boost to Ether: JPMorgan: The documents are likely to intensify the move among major cryptocurrencies to become more decentralized and look more like ether, the report said. Ethereum Developers Propose Raising Validator Limit to 2,048 Ether From 32 Ether: Low validator limits have led to waiting times of over one month, as of Monday. Meme Coin BOB Tanks 45% After Elon Musk Calls its Twitter Bot Account a \'Scam\': Musk had previously engaged with the Bob token bot several times, aiding a value rise. UK Crypto, Stablecoin Laws Approved by Parliament\'s Upper House: The Financial Services and Markets Bill stands to recognize crypto as a regulated activity and stablecoins as a means of payment under existing laws.', 'Good morning. Here’s what’s happening:\nPrices:BTC was trading at $26.8K, but Oanda Senior Market Analyst Craig Erlam is skeptical that bitcoin\'s price will rise significantly in the months ahead amid uncertain industry and economic news.\nInsights:A number of crypto exchanges feature market makers. Do they create conflicts of interest? An FT story looks at Crypto.com\'s market maker.\nCoinDesk Market Index (CMI)\n1,120\n+12.6▲1.1%\nBitcoin (BTC)\n$26,816\n+440.3▲1.7%\nEthereum (ETH)\n$1,736\n+11.5▲0.7%\nS&P 500\n4,409.59\n−16.3▼0.4%\nGold\n$1,963\n+4.8▲0.2%\nNikkei 225\n33,370.42\n−335.7▼1.0%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,120", "+12.6\\u25b21.1%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$26,816", "+440.3\\u25b21.7%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,736", "+11.5\\u25b20.7%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,409.59", "\\u221216.3\\u25bc0.4%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,963", "+4.8\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["33,370.42", "\\u2212335.7\\u25bc1.0%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBlackRock has Buoyed the Market, but Bitcoin \'Looks Vulnerable\'\nBoth bitcoin and ether are beginning the Asia trading day in the green, with the world’s largest digital asset up 1.7% to $26,816 while ether is up 0.7% to $1,736.\nWhile themarket remains optimisticthat BlackRock will be successful with its application for a bitcoin spot exchange-traded fund, Craig Erlam, a Senior Market Analyst with OANDA, said in a note that bitcoin still looks “vulnerable”.\n“Bitcoin ended last week quite positively after dropping to three-month lows on Wednesday, but it continues to look vulnerable to further declines,” Erlam said. “The two-month trend is not in its favour, and the news flow isn\'t exactly helping the situation either. It\'s had a remarkable year and remains more than 50% higher, so it\'s hardly a dire situation.”\nErlam still thinks there’s a bull case for bitcoin, it just hasn’t been realized yet.\nThe recent downturns, he argues, are simply a correction phase within an overall optimistic bull market.\n“However, there\'s little evidence indicating any imminent improvement, especially considering the Securities and Exchange Commission\'s intensifying scrutiny of major exchanges,” he concluded.\n[{"Asset": "Solana", "Ticker": "SOL", "Returns": "+4.3%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Polygon", "Ticker": "MATIC", "Returns": "+3.1%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Bitcoin", "Ticker": "BTC", "Returns": "+1.8%", "DACS Sector": "Currency"}]\n[{ **Last 60 Days of Bitcoin's Closing Prices:** [27276.91, 27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-20 **Financial & Commodity Data:** - Gold Closing Price: $1935.50 - Crude Oil Closing Price: $70.50 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $520,500,601,125 - Hash Rate: 353920206.636413 - Transaction Count: 447715.0 - Unique Addresses: 746599.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.49 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: In this article, we will take a look at the 15 biggest immunotherapy companies in the world. If you want to see more companies in this selection, go to the5 Biggest Immunotherapy Companies in the World. The immunotherapy industry is a rapidly growing field that is focused on developing treatments that harness the power of the immune system to fight cancer and other diseases. Many companies are involved in the immunotherapy industry, ranging from large pharmaceutical companies to small biotechnology startups. These companies are working to create a range of different immunotherapy treatments, including checkpoint inhibitors, CAR-T cell therapies, and monoclonal antibodies.Accordingto Markets and Markets, the revenue of the global immunotherapy drugs market was estimated to be $163.0 billion in 2020. It is projected to grow at a compound annual growth rate (CAGR) of 11.0% from 2020 to 2025, reaching a value of $274.6 billion by 2025. The global immunotherapy drugs market is classified based on therapeutic areas into cancer, autoimmune & inflammatory diseases, infectious diseases, and other therapeutic areas. Among these, cancer held the largest share of the global immunotherapy drugs market in 2019. The dominance of this segment is attributable to the high incidence of cancer, increasing research efforts in this field, and the provision of reimbursement coverage for oncology immunotherapies. The size of the global cancer immunotherapy industry is set to grow at a compound annual growth rate (CAGR) of 14.1% from $85.6 billion in 2020 to $309.67 billion by 2030, according to Allied MarketResearch. The National Cancer Institute reported that in 2020, around 1,806,590 new cancer cases were reported in the United States, and 606,520 people died from the disease. Researchers believe that this rise in cancer incidence is expected to drive the growth of the immunotherapy industry in the coming years. In 2020, North America contributed the highest revenue to the cancer immunotherapy market due to increased expenditure on healthcare, a focus on maintaining a top healthcare system, and a rising incidence of cancer worldwide. Asia-Pacific, on the other hand, is expected to exhibit the highest CAGR during 2021-2030, primarily due to a surge in per capita income and an improvement in healthcare infrastructure. Some of the key players in the immunotherapy industry include Merck & Co., Inc. (NYSE:MRK), Roche Holdings AG (ROG.SW), AbbVie Inc. (NYSE:ABBV), and AstraZeneca PLC (NASDAQ:AZN). These companies are investing heavily in research and development (R&D) to bring new immunotherapy treatments to the market. The industry has witnessed significant progress in recent years in developing effective immunotherapies for various diseases. However, there are also challenges in the development of these treatments, including managing potential side effects and ensuring that they are accessible and affordable to patients worldwide. Photo by National Cancer Institute on Unsplash Our Methodology To shortlist the 15 biggest immunotherapy companies in the world, we compiled a comprehensive list of companies that have a significant presence in the immunotherapy industry. This involved considering their involvement in immunotherapy research and development as well as their successful commercialization of immunotherapy products. Various factors such as product pipeline strength, market share, research and development efforts, product innovation, and global reach were considered to evaluate the commercial success of these companies. The companies have been ranked in ascending order based on their market capitalization as of April 28. We have also included the number of hedge fund holders for each of these companies as of Q4 2022. Market Capitalization: $40.81 billion Number of Hedge Fund Holders: 75 Biogen Inc. (NASDAQ:BIIB) is a Cambridge, Massachusetts-based biotechnology company that is working on developing innovative therapies for neurological and neurodegenerative diseases. One of Biogen Inc.’s (NASDAQ:BIIB) integral immunotherapy programs is formulating therapies for multiple sclerosis (MS), a chronic autoimmune disease that affects the central nervous system. The company’s flagship MS therapy is called Tysabri, which is a monoclonal antibody that targets a molecule called α4-integrin. Tysabri works by preventing immune cells from crossing the blood-brain barrier, which can help lessen inflammation and damage to the nervous system. Biogen Inc. (NASDAQ:BIIB) is also exploring other immunotherapy approaches for MS, including the creation of therapies that target B cells and other immune cells that are involved in the disease. ClearBridge Investmentsshared its outlook on Biogen Inc. (NASDAQ:BIIB) in its Q3 2022 investor letter.Here’swhat the firm said: “Biogen Inc.(NASDAQ:BIIB) was the leading contributor among several biopharma names, boosted by positive, pivotal clinical data for its next-generation Alzheimer’s treatment Lecanemab. In a pivotal trial, the drug proved safe and efficacious in slowing progression of Alzheimer’s disease.” Market Capitalization: $52.03 billion Number of Hedge Fund Holders: 52 Moderna, Inc. (NASDAQ:MRNA) is a Cambridge, Massachusetts-based biotechnology company involved in the development of mRNA-based therapeutics and vaccines. One of Moderna’s immunotherapy programs is focused on developing personalized cancer vaccines. These vaccines are designed to stimulate the immune system to recognize and attack cancer cells based on the patient’s unique genetic profile. Moderna, Inc.’s (NASDAQ:MRNA) personalized cancer vaccines are based on a combination of mRNA technology and machine learning algorithms, which are used to identify the specific mutations in a patient’s tumour that are most likely to provoke an immune response. Moderna, Inc. (NASDAQ:MRNA) has already made significant progress in creating mRNA-based vaccines for COVID-19, with its mRNA-1273 vaccine gaining mainstream recognition globally. Here’swhatClearBridge Investmentssaid about Moderna, Inc. (NASDAQ:MRNA) in its Q4 2022 investor letter: “Moderna, Inc.(NASDAQ:MRNA) became a household name during the pandemic as one of the first developers of a COVID-19 vaccine. But the stock sold off sharply as COVID momentum, including high expectations for booster shots, began to wear off, causing investors to slash its fiscal 2023 earnings estimates by two-thirds over the last year. We believe those downward revisions clouded the prospects for the company’s fully funded pipeline of platform opportunities, including cancer, RSV and flu. The cash-rich company also recently expanded its partnership with Merck to improve cancer treatments.” Market Capitalization: $52.65 billion Number of Hedge Fund Holders: 11 Takeda Pharmaceutical Company Limited (NYSE:TAK) is a Tokyo, Japan-based pharmaceutical company developing state-of-the-art therapies for a range of different diseases, including oncology. Takeda Pharmaceutical Company Limited (NYSE:TAK) is investing heavily in the development of CAR-T cell therapies, a type of immunotherapy that involves genetically modifying a patient’s T cells to recognize and attack cancer cells. Takeda’s main immunotherapy program is focused on advancing CAR-T cell therapies for various types of cancer, such as multiple myeloma and solid tumours. Takeda Pharmaceutical Company Limited (NYSE:TAK) offers an annual forward dividend yield of 3.92% as of April 28. Market Capitalization: $86.32 billion Number of Hedge Fund Holders: 47 Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) is a Tarrytown, New York, biotechnology company that is dedicated to formulating advanced therapies for a range of different diseases, including oncology and autoimmune diseases. One of Regeneron’s crucial immunotherapy programs is concentrated on the advancement of monoclonal antibodies for cancer. Monoclonal antibodies are proteins that can be designed to target specific molecules in cancer cells, which can help to stimulate the immune system to attack the cancer cells. Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) is working on creating a range of monoclonal antibodies for different types of cancer, including colorectal cancer, breast cancer, and lung cancer. Here’swhatBronte Capitalsaid about Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) in its Q3 2022 investor letter: “There have been some bright spots in our long book.Regeneron Pharmaceuticals, Inc.(NASDAQ:REGN), a major position and a stock we wrote up in our June 2021 letter, has been one of the best performing stocks in the S&P 500 this year. Alas it has not been enough to offset some of our weaker stocks, let alone our overweight exposure to the UK (and Europe) which have suffered from both stock and currency weakness. We do not think we are bad at picking stocks on the long side and hope – reasonably we think – for better relative results in the future. Prior to COVID, our longs were markedly better than the index. Unfortunately, if you look at our long book this quarter and since the onset of the COVID pandemic, there is scant evidence that we have added any value by picking stocks to go long.” Market Capitalization: $107.05 billion Number of Hedge Fund Holders: 64 Gilead Sciences, Inc. (NASDAQ:GILD) is a Foster City, California-based biopharmaceutical company. In a research note issued on February 14, Salim Syed at Mizuho increased the target for Gilead Sciences, Inc. (NASDAQ:GILD) stock from $88 to $101 and maintained a Buy rating. The target price reflects a potential upside of over 20.8% from the closing price as of April 28. The analyst increased the target price to incorporate the increase in the company’s estimated peak sales from $19 billion to $20 billion for the HIV business. Meanwhile, the company’s autoimmune disease program is working on making therapies that can help to modulate the immune system and diminish inflammation, with a keen interest in diseases such as rheumatoid arthritis and lupus. H... - Reddit Posts (Sample): [['u/kl_Jewbacca', 'Is this some type of scam?', 12, '2023-06-20 00:46', 'https://www.reddit.com/r/ethereum/comments/14dtbi7/is_this_some_type_of_scam/', "So I've been texting this person online... they sent me a code for a wallet with about $90k on it. It's classified as a watch-only wallet on the Trust Wallet app, and it has a transaction history dating back to 2019.\n\nNow they're telling me I can take 30%. They want me to go to a bitcoin machine for a transfer. They said they'll give me a barcode.\n\nHas anyone encountered a scam like this before? It seems way too good to be true...", 'https://www.reddit.com/r/ethereum/comments/14dtbi7/is_this_some_type_of_scam/', '14dtbi7', [['u/Fresh_Asparagus7043', 17, '2023-06-20 01:04', 'https://www.reddit.com/r/ethereum/comments/14dtbi7/is_this_some_type_of_scam/jorjmdy/', 'Yes, common scam', '14dtbi7'], ['u/Lemons81', 13, '2023-06-20 01:26', 'https://www.reddit.com/r/ethereum/comments/14dtbi7/is_this_some_type_of_scam/jormeem/', 'Nigerian prince scam, at some point they’ll ask you money in order to pay for the transaction or to unlock the funds. Usually that is the last step.\n\nOr they’ll ask you for a seed/private key in case you do own a wallet.', '14dtbi7'], ['u/crodbtc', 22, '2023-06-20 01:38', 'https://www.reddit.com/r/ethereum/comments/14dtbi7/is_this_some_type_of_scam/jornvc3/', 'You literally said it right there "it seems too good to be true" \n\nUltimate flag to stay away!', '14dtbi7'], ['u/monkeyhold99', 14, '2023-06-20 02:42', 'https://www.reddit.com/r/ethereum/comments/14dtbi7/is_this_some_type_of_scam/jorvrya/', 'No shit it’s a scam. Lol if you need to ask about this you are in way over your head man', '14dtbi7']]], ['u/capitalzanon', 'Settling Down', 12, '2023-06-20 03:02', 'https://www.reddit.com/r/TJRedLightDistrict/comments/14dwhvj/settling_down/', 'I understand TJ is fun but what’s the game plan for settling down, part of me is kinda tired of just cycling through these HK btches and wondering what’s next', 'https://www.reddit.com/r/TJRedLightDistrict/comments/14dwhvj/settling_down/', '14dwhvj', [['u/dav3c1', 20, '2023-06-20 03:25', 'https://www.reddit.com/r/TJRedLightDistrict/comments/14dwhvj/settling_down/jos0zle/', "Only simps settle down. I'm settling up.", '14dwhvj'], ['u/Extension-World-7041', 17, '2023-06-20 03:31', 'https://www.reddit.com/r/TJRedLightDistrict/comments/14dwhvj/settling_down/jos1nat/', 'Word of advice. Do it before you reach 50 and need to start popping pills...for everything. Not attractive to the opposite sex.', '14dwhvj'], ['u/CesarMagiscar91', 15, '2023-06-20 04:55', 'https://www.reddit.com/r/TJRedLightDistrict/comments/14dwhvj/settling_down/josbd45/', 'I been doing it for like four years and it’s kinda dying out for me. Idk why. If my friends go I’ll tag along and get one or two. But not dying to go like before. I’m 34.', '14dwhvj'], ['u/No_Philosophy2007', 21, '2023-06-20 06:54', 'https://www.reddit.com/r/TJRedLightDistrict/comments/14dwhvj/settling_down/josn9bh/', 'Dawg who is paying for advice from a guy on a subreddit for sharing whore strategies', '14dwhvj'], ['u/glam_girls', 16, '2023-06-20 07:31', 'https://www.reddit.com/r/TJRedLightDistrict/comments/14dwhvj/settling_down/josqdle/', 'Give it up. Once you have easy pussy you can’t settle down. Even when at times I’m so sick of the meaningless sex. I always find myself returning. I have found that having 4 or five regulars that come to my place satisfies my need for companionship. I will never have a family but I’m happy banging 20 year olds also.', '14dwhvj'], ['u/sq314', 13, '2023-06-20 08:10', 'https://www.reddit.com/r/TJRedLightDistrict/comments/14dwhvj/settling_down/jostjsr/', 'Then mongering isnt for you bud. Date a religious/ church girl? I mean there’s a church in between Hk and Adelitas.', '14dwhvj']]], ['u/Acrobatic-Monitor516', "Please do note upvote shameless reposts . And check for poster's karma", 47, '2023-06-20 04:30', 'https://www.reddit.com/r/confusingperspective/comments/14dyfk4/please_do_note_upvote_shameless_reposts_and_check/', "Fucking fed up with the amount of reposts or people who do not understand the purpose of this sub \n\nPlease , for the sake of everyone in this sub, do not upvote a post that either doesn't fit the sub, or is a repost .\n\nUsually these are bots who want to get some sweet karma to further invade other subs and fuck people over with fake bitcoins, tee shirts, and onlyfans. So if the poster has very low karma (and 90%+ of it being posts) , DOWNVOTE that shit , nay report it if you have the patience \n\nThere are also actual people reposting , but that's another issue \n\nThanks ! \n\nBut after all maybe we should just reddit turn even more into garbage .idk.", 'https://www.reddit.com/r/confusingperspective/comments/14dyfk4/please_do_note_upvote_shameless_reposts_and_check/', '14dyfk4', [['u/Vinnie1103', 14, '2023-06-20 05:14', 'https://www.reddit.com/r/confusingperspective/comments/14dyfk4/please_do_note_upvote_shameless_reposts_and_check/josdi3p/', 'I think this post is a repost. Don’t upvote it.', '14dyfk4'], ['u/Acrobatic-Monitor516', 11, '2023-06-20 05:15', 'https://www.reddit.com/r/confusingperspective/comments/14dyfk4/please_do_note_upvote_shameless_reposts_and_check/josdk8v/', "damn , I'm caught", '14dyfk4'], ['u/Acrobatic-Monitor516', 16, '2023-06-20 05:17', 'https://www.reddit.com/r/confusingperspective/comments/14dyfk4/please_do_note_upvote_shameless_reposts_and_check/josdsvq/', 'want some feet pics btw ? or maybe a tee shirt, they are quite cheap \n\n\nalso PM me if you need any help for bitcoin investments', '14dyfk4']]], ['u/VampireVlad', '10 Reasons You Should Run Your Own Full Bitcoin Node', 61, '2023-06-20 04:30', 'https://www.reddit.com/r/Bitcoin/comments/14dyg4b/10_reasons_you_should_run_your_own_full_bitcoin/', "Hi, guys!\n\n&#x200B;\n\nI just published a new article that's meant to explain 10 of the main reasons why you should take action and run your own full node. You're not only helping the network, but you help yourself by becoming fully sovereign and removing trusted third parties that store your xpub and IP address.\n\n&#x200B;\n\nHere's the complete write-up. Hope you're going to like it: [https://bitcoin-takeover.com/10-reasons-you-should-run-your-own-bitcoin-full-node/](https://bitcoin-takeover.com/10-reasons-you-should-run-your-own-bitcoin-full-node/)", 'https://www.reddit.com/r/Bitcoin/comments/14dyg4b/10_reasons_you_should_run_your_own_full_bitcoin/', '14dyg4b', [['u/cryptogrubber', 12, '2023-06-20 10:02', 'https://www.reddit.com/r/Bitcoin/comments/14dyg4b/10_reasons_you_should_run_your_own_full_bitcoin/jot1rm2/', 'I found the rasberry to be more expensive than a used mini PC, so I chose the cheaper option', '14dyg4b']]], ['u/pandorasbox553', 'Warning: Be Cautious of Remote Jobs', 48, '2023-06-20 05:26', 'https://www.reddit.com/r/VancouverJobs/comments/14dzmih/warning_be_cautious_of_remote_jobs/', 'I\'m here to raise awareness and be vigilant when looking and applying for a job online especially remote job position. I want to put this out to help people because I just became a victim of online money laundering scam which compromise my personal information and identity plus my bank account suffered from it.\n\nSo I found this remote job on Indeed.ca a few weeks ago. The company name is C2C Canada Technologies (fake company) Since I\'m too desperate to get a job, I didn\'t take a serious look over it and just get on with it. I go over it without researching more and I figured it could be legitimate company because they have a professional looking website and there\'s employee photos and so on.\n\nThe position is called "Customer Chat representative" which I will be working as sales person promoting their company and will be using crypocurrency as a form of payment for virtual sales services.\n\nThe company is base in Ottawa which is couple of hours advance in time zone from where I am. I got an email and an offer and took the chance to follow though.\n\nAfter I added the so called HR on Telegram, she told me that I need to create an account via Kraken in order for me to have company bitcoin wallet to use. Which they will deposit "corporate funds" into my bank account as e-transfer. She told me that I need to deposit this corporate funds into Kraken account and turn them into Bitcoins.\n\nSince I never heard about this scheme before and its unfamiliar to me, I follow what was instructed. They deposited $3000 into my bank account and asked me to go to Canada Post to deposit for the purpose of turning this $3000 into cryptocurrency on Kraken. She told me this is part of my first task of the day.\n\nShe asked me on how to deposit the funds sending me links to follow so I did. So on I went to Canada Post and made deposit using the $3000 they sent me and using my debit card as well. I did 4 transactions and the 5th one caused my card to be blocked because of my card daily limits. \n\nI called my bank institution about unblocking my card so I can do more deposits and they told me that I need to go to my main bank branch because they think I been scammed. Then there I was got really frustrated about my stupidity and I spoke to one of bank teller and she told me that to never trust someone you don\'t know especially accepting money because it\'s a form of scam. She told me to stop talking to that HR on Telegram.\n\nSo here I am blaming myself. I should have known better, but It\'s too late. I already gave out my drivers license to that scammer and my identity could be use for potential scams. Plus my bank is now frozen and restricted. My bank told me it may be harder to fix since there\'s money that I transferred that they didn\'t know where it came from. Also, i may now could have overdraft in my bank account which I might owe money.\n\nThe worst part is that I\'m being threaten by the scammer because I blocked her from Telegram due to the advice of my bank institution and the scammer also sent... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Investing.com -- Most Asian currencies fell on Wednesday, while the dollar steadied from recent losses as markets hunkered down before more cues on monetary policy from Federal Reserve Chair Jerome Powell later in the day. Powell is set to testify before Congress later in the day, potentially offering more cues on the path of U.S. interest rates after somewhat mixed signals from a Fed meeting last week. While the bank paused its rate hike cycle, it flagged a higher peak interest rate this year, potentially heralding more increases in rates. This kept investors uncertain over what Powell may signal in his testimony, drawing some flows into the dollar on the potential for a hawkish outlook. The dollar index and dollar index futures rose slightly in Asian trade after logging some gains earlier this week. Chinese yuan hits near 7-month low after rate cut The Chinese yuan continued to lag its regional peers, sinking 0.2% to a near seven-month low of 7.1939 against the dollar after the People’s Bank of China cut its key loan prime rate on Tuesday. The PBOC cut its 1-year and 5-year LPR by 10 basis points each. The cut was the PBOC’s first such move in 10 months, and comes as Beijing struggles to shore up a slowing local economic rebound. While the move is expected to help support economic growth, it bodes poorly for the yuan, as rising interest rates in the rest of the globe diminish the currency’s appeal. The cut in the 5-year LPR also disappointed some traders hoping for a bigger reduction, given that the rate is used to peg mortgage prices and is closely tied to the Chinese property market. U.S. rate-hike fears dent broader Asian currencies Most other Asian units fell as markets feared any more hawkish signals from Powell later in the day, which could herald higher U.S. interest rates. The South Korean won lost 0.3%, while the Indian rupee fell 0.1%. The Australian dollar was among the few outliers for the day, rising 0.1% after steep losses in the prior session. Story continues The Japanese yen fell 0.1%, trading close to seven-month lows amid more signals from the Bank of Japan that it will maintain its ultra-loose monetary policy for longer. The minutes of the BOJ’s April meeting showed that nine out of 10 board members planned to keep the policy on hold, while comments from BOJ officials reiterated this stance on Wednesday. Related Articles Asia FX dips, dollar steadies as Powell testimony looms Yuan falters, dollar firm ahead of Powell testimony Bitcoin rises 5.1% at $28,211', 'Investing.com -- Most Asian currencies fell on Wednesday, while the dollar steadied from recent losses as markets hunkered down before more cues on monetary policy from Federal Reserve Chair Jerome Powell later in the day. Powell is set to testify before Congress later in the day, potentially offering more cues on the path of U.S. interest rates after somewhat mixed signals from a Fed meeting last week. While the bank paused its rate hike cycle, it flagged a higher peak interest rate this year, potentially heralding more increases in rates. This kept investors uncertain over what Powell may signal in his testimony, drawing some flows into the dollar on the potential for a hawkish outlook. The dollar index and dollar index futures rose slightly in Asian trade after logging some gains earlier this week. Chinese yuan hits near 7-month low after rate cut The Chinese yuan continued to lag its regional peers, sinking 0.2% to a near seven-month low of 7.1939 against the dollar after the People’s Bank of China cut its key loan prime rate on Tuesday. The PBOC cut its 1-year and 5-year LPR by 10 basis points each. The cut was the PBOC’s first such move in 10 months, and comes as Beijing struggles to shore up a slowing local economic rebound. While the move is expected to help support economic growth, it bodes poorly for the yuan, as rising interest rates in the rest of the globe diminish the currency’s appeal. The cut in the 5-year LPR also disappointed some traders hoping for a bigger reduction, given that the rate is used to peg mortgage prices and is closely tied to the Chinese property market. U.S. rate-hike fears dent broader Asian currencies Most other Asian units fell as markets feared any more hawkish signals from Powell later in the day, which could herald higher U.S. interest rates. The South Korean won lost 0.3%, while the Indian rupee fell 0.1%. The Australian dollar was among the few outliers for the day, rising 0.1% after steep losses in the prior session. Story continues The Japanese yen fell 0.1%, trading close to seven-month lows amid more signals from the Bank of Japan that it will maintain its ultra-loose monetary policy for longer. The minutes of the BOJ’s April meeting showed that nine out of 10 board members planned to keep the policy on hold, while comments from BOJ officials reiterated this stance on Wednesday. Related Articles Asia FX dips, dollar steadies as Powell testimony looms Yuan falters, dollar firm ahead of Powell testimony Bitcoin rises 5.1% at $28,211', '* U.S. housing starts surge; dollar drifts higher * Traders await UK CPI and Powell testimony By Tom Westbrook SINGAPORE, June 21 (Reuters) - The U.S. dollar was firm in Asia trade on Wednesday following surprisingly strong U.S. housing data, while the yuan and Aussie dollar nursed losses and focus turned to Federal Reserve Chair Jerome Powell\'s appearance before Congress later in the day. Single family housing starts surged 21.7% in May against expectations they\'d be more or less flat. Traders discounted it somewhat since the jump wasn\'t led by a leap in permits, but it still gave the dollar a boost ahead of Powell\'s testimony. The greenback was marginally stronger at $1.0916 per euro overnight and steady early in the Asia session. The yen was also firm at 140.50 per dollar ahead of an appearance by Bank of Japan Governor Kazuo Ueda on Wednesday. The Aussie and yuan were Tuesday\'s largest losers and were in no mood for a bounce early on Wednesday. China had cut rates by less than expected and while its post-COVID recovery stalls, hoped-for major stimulus is yet to arrive. The yuan fell about 0.3% overnight and in offshore trade early on Wednesday the currency was pinned at 7.1826 per dollar, near a seven-month low. With China\'s Premier Li Qiang abroad in Europe, traders see an imminent announcement of further stimulus as unlikely. The Aussie had taken a further beating thanks to Tuesday\'s less-hawkish-than-expected central bank minutes following this month\'s rate hike. It fell 0.9% overnight and last bought $0.6790. "The path of least resistance is further declines," said Commonwealth Bank of Australia strategist Joe Capurso. "The Aussie could dip below 0.6700 this week, particularly if Powell is hawkish," he said. Powell is due to begin his testimony at 1400 GMT. The New Zealand dollar was dragged lower in sympathy, breaking below its 50-day moving average before steadying just above its 200-day moving average at $0.6168. Story continues It is under pressure after the central bank flagged it was finished with hikes, while data showed the economy in recession. "From here we see further stagnation in growth," said Mieneke Perniskie, a currency trader at Kiwibank in Wellington. "Our pick is that the kiwi will head towards the $0.57 level before the year is out, but it won’t be in a straight line," she said. "First off the bat we will need to crack the $0.59 level. That may only be a matter of weeks away." Elsewhere sterling recovered some of its overnight drop to sit at $1.2760. British inflation data is due later in the day with economists hoping for signs its easing. The data is likely to be decisive for the Bank of England, which meets on Thursday with markets currently pricing about a 3/4 chance of a 25 bp hike and a 1/4 chance of a 50 bp hike. "Sterling may halt the current reversal (if) expectations are reshaped, with the pair potentially jumping back above 1.28 and re-testing last week\'s resistance at 1.2847," said Daniela Hathorn, analyst at Capital.com. The U.S. dollar index was steady at 102.55. Bitcoin jumped 5% overnight to break over $28,000 for the first time since late May, helped by the launch of a new crypto exchange backed by Fidelity, Citadel Securites and Charles Schwab. (Reporting by Tom Westbrook)', '*\nU.S. housing starts surge; dollar drifts higher\n*\nTraders await UK CPI and Powell testimony\nBy Tom Westbrook\nSINGAPORE, June 21 (Reuters) - The U.S. dollar was firm in Asia trade on Wednesday following surprisingly strong U.S. housing data, while the yuan and Aussie dollar nursed losses and focus turned to Federal Reserve Chair Jerome Powell\'s appearance before Congress later in the day.\nSingle family housing starts surged 21.7% in May against expectations they\'d be more or less flat. Traders discounted it somewhat since the jump wasn\'t led by a leap in permits, but it still gave the dollar a boost ahead of Powell\'s testimony.\nThe greenback was marginally stronger at $1.0916 per euro overnight and steady early in the Asia session. The yen was also firm at 140.50 per dollar ahead of an appearance by Bank of Japan Governor Kazuo Ueda on Wednesday.\nThe Aussie and yuan were Tuesday\'s largest losers and were in no mood for a bounce early on Wednesday. China had cut rates by less than expected and while its post-COVID recovery stalls, hoped-for major stimulus is yet to arrive.\nThe yuan fell about 0.3% overnight and in offshore trade early on Wednesday the currency was pinned at 7.1826 per dollar, near a seven-month low.\nWith China\'s Premier Li Qiang abroad in Europe, traders see an imminent announcement of further stimulus as unlikely.\nThe Aussie had taken a further beating thanks to Tuesday\'s less-hawkish-than-expected central bank minutes following this month\'s rate hike. It fell 0.9% overnight and last bought $0.6790.\n"The path of least resistance is further declines," said Commonwealth Bank of Australia strateg **Last 60 Days of Bitcoin's Closing Prices:** [27817.50, 27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-21 **Financial & Commodity Data:** - Gold Closing Price: $1933.30 - Crude Oil Closing Price: $72.53 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $557,338,100,150 - Hash Rate: 314884889.72798514 - Transaction Count: 363280.0 - Unique Addresses: 693078.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.59 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Join the most important conversation in crypto and web3! Secure your seat today The bitcoin (BTC) bear market of 2022-2023 was a doozy. Having also held bitcoin through the bitcoin bear market of 2018-2019, I can attest that this one was just as painful despite being slightly shorter and having a less dramatic maximum drawdown. Perhaps my increased financial exposure this time was the reason for this difficulty. Or maybe it was my shattered hopes for better-informed mainstream media coverage, as I found myself addressing the same old worries as before (prohibition, quantum computing, environmental effects). Regardless, I'm glad to see the tail end of this bear. Although nothing is certain, barring any significant negative surprises, like the COVID-19-induced bitcoin liquidation of March 13, 2020, the bitcoin bear market of 2022-2023 is likely over. Here's why: You're readingCrypto for Advisors, a weekly look at digital assets and the future of finance for financial advisors.Subscribe hereto receive the mailing every Thursday. The halving is nigh.TheBitcoin halving, which reduces the issuance rate of new bitcoins, happens roughly every four years. The prior two halvings both catalyzed major bitcoin bull markets. It's not hard to see why. Holding demand constant, a downward supply shock forces an upward recalibration in price. Supply and demand always rule, and when supply is cut the price rises. The next halving is less than a year away. No more tourists.Once the halving-induced bull starts running, it always draws the momentum crowd. These traders see the bitcoin price rising and they pile on. This causes a bubble that eventually ends, and they get washed out in the months following the peak. Today we have passed the washout point, as evidenced by theaverage age of bitcoin unspent transaction outputs (UTXO). The tourists are gone, and the HODLers remain. More bad news can't cause new lows.Last year had plenty of bad news in cryptoland, and that carried over into bitcoin’s price. Terra, Three Arrows Capital, Celsius Network, BlockFi, Voyager Digital, FTX and others all fell apart. But this year the bankruptcy of Genesis and worries aboutDCG, Grayscale andBinancedidn't take bitcoin down to new lows. The last of the sellers were already washed out. (CoinDesk, like Genesis and Grayscale, is owned by DCG.) The cycle repeats:Someday Bitcoin will outgrow its four-year price cycles. Until then, it's “deja vu all over again.” In the bitcoin bear market of 2014-2015, the price gravitated to around $350 until finally capitulating to $200 and staying there for months. In the bitcoin bear market of 2018-2019, the price gravitated to around $6,000 until finally capitulating to $3,200 and staying there for months. And in the bitcoin bear market of 2022-2023, the price gravitated to around $28,000 until finally capitulating to $16,000 and staying there for months. In each of these cases, the price followed a similar pattern of a peak, a multi-month series of lower price highs and a final capitulation of over 40% that lasted for several months, staying true to the past trends. Read more:History Repeats: Applying What We Know About Tech Stocks to a New Market So what does the future hold? I don't make short-term price predictions. But if bitcoin’s four-year cycle plays out again, and I expect it will, then a few things are true. We will probably never see $16K bitcoin again.Two cycles ago, bitcoin’s price never revisited the lows after it returned to the pre-capitulation price low. One cycle ago it almost revisited the low, but it required a massive market liquidation due to the COVID-19 pandemic. The next bitcoin halving is less than a year away. Absent a major liquidation event, bitcoin’s price has likely bottomed. Bitcoin remains regulatory teflon.Bitcoin has proven to be relatively immune to regulatory pressures. It's been clear for years now that bitcoin is a commodity and not a security. Even the ultra-active current Securities and Exchange Commission Chair Gary Gensler, who has been the most active and aggressive chairman I've seen in my professional career, admits that there is only one crypto asset that isclearly a commodity(and, by implication, not a security). He obviously means bitcoin. With or without him, the SEC will likely continue to pursue actions that imply the vast majority of digital assets are securities. None of this risk sticks to bitcoin. Financial advisors and institutions are severely under-allocated to bitcoin.I can attest from my involvement with Swan Advisor Services that financial advisors and their clients are significantly under-allocated to bitcoin. In prior cycles they had reasonable excuses for that positioning, including a lack of reasonable products and significant regulatory risks. For the broader digital asset market, these problems largely remain. But for bitcoin they are largely solved. Therefore, I expect major adoption of bitcoin by financial advisors in the coming bull market. Read more:Bitcoin Price May Hit $100K by Year End, Standard Chartered Bank Says So, what’s next? Now is a good time for financial advisors to start educating their clients about the benefits of including bitcoin in their investment strategies and help them implement bitcoin allocations in their portfolios. Bitcoin bear markets aregreat times to accumulate bitcoin. But the end of the bear market is also a great time to add a truly unique asset to any diversified portfolio. The next bitcoin bull market has likely just begun. Disclaimer:The information provided by Andrew is for educational and informational purposes only and should not be construed as financial 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.
29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['At the beginning of the pandemic, markets reacted as though the world was going to end. Then, after the Federal Reserve unveiled its stimulus measures, nearly every tech stock rallied, the crypto bubble formed, andmeme stockswent to the moon. That was followed by big declines in stocks over fears of interest rate hikes and a recession. Nowadays, while it appears we’re in a “Goldilocks” phase, tread cautiously. Even in the current rally, there are till plenty of overvalued stocks still worthy of a sell, including:\nSource: shutterstock.com/Black Salmon\nWest Texas Intermediate Oiltumbled40% over the last year. All thanks to supply issues, China’s weaker than expected economy, and bigger demand for electric vehicles. In addition, the\xa0Biden Administration’s sales from America’s Strategic Petroleum Reserve has weighed heavily on prices, too.\xa0All of this, of course, is bad news for BigOil stocks, includingOccidental Petroleum(NYSE:OXY).\nMoreover, I’ve read that the Biden administration is considering allowing a sort of nonviolent “hostile freeze” to take effect in Ukraine, along the lines of the standoff that the two Koreas have endured for many decades. Also, as we get closer to the U.S. presidential election, I believe that such a scenario is growing increasingly likely, particularly if Biden’s anti-war primary challenger, Robert F. Kennedy, Jr, continues to climb in the polls.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nIf a de facto cease fire does take hold in Ukraine, oil prices are likely to plunge, with OXY stock following suit.\nOXY stock currently has a forward price-earnings ratio of 11.3, but that probably does not\xa0 bake in a big decline in oil prices in 2024. And the shares climbed last year due to increases in oil prices and Warren Buffett’s purchase of a great deal of the company’s shares, but what comes up often comes down, and even Buffett is not right 100% of the time.\nSource: shutterstock.com/Leonid Sorokin\nWorries about the recession that hasn’t come and isn’t likely to arrive this year or next year have caused the valuations of staples stocks likeClorox(NYSE:CLX) to hit the roof. As of the afternoon of June 15,\xa0 the shares were changing hands at a forward price-earnings ratio of 28.5. That’s a ridiculously high valuation for a maker of staples products.\nShowing that the long-feared recession is unlikely to materialize,Goldman Sachsrecently loweredthe chances of a recession over the next 12 months to 25%, while the Fedestimates thatGDP will climb 1.8% in the second quarter.\xa0As fewer and fewer economists warn about\xa0 an impending recession,\xa0 many investors will sell staple stocks, including Clorox, and move into more economically sensitive stocks. That’s because staples stocks like CLX are often viewedas good names to buyduring recessions.\xa0 \xa0As a result,\xa0 CLX stock is likely to tumble within the next several months.\nSource: Shutterstock\nAbout two yearsafter pausing itsspace flights due to an issue with a supplier,Virgin Galactic(NYSE:SPCE) is supposed to resume commercial flights in late June. And the company launched a successful test flight last month.\nHowever, I’ve always viewedspace stocksas very risky because of the many unsuccessful flights that occur. And recently, Bank of Americawarned thatVirgin Galactic is particularly risky because it’s using only\xa0 “one mothership.” As a result, if the ship can’t be used for an extended period, SPCE stock is likely to plunge, the bank suggested.\nMoreover, SPCE plans to take its tourists, who will be asked to pay hundreds of thousands of dollars each ,”to the edge of space,” i.e. just barely above the atmosphere. Given that point and the high risks involved, I have my doubts about how many tickets the company will be able to sell.\nSPCE stock currently has a market capitalization of $1.7 billion. If the company has trouble attracting space tourists and/or it has difficulties with its mothership, it will probably have trouble generating much over $100 million of revenue annually, meaning that it could be valued at a gargantuan 17 times its sales.\nSource: Shutterstock\nDisney’s(NYSE:DIS) huge problems have been evident for many years, but the Street seemingly can’t or won’t internalize them, as its forward price-earnings ratio is a fairly strong 16. Specifically, the lion’s share of Disney’s top and bottom lines are derived from two faltering sectors: cable TV and movie theaters. And meanwhile, its growth sector –streaming — remains unprofitable and faces tons of competition.\nIn more recent years, another issue –the company’s antagonism of about half of America with its political/social stances — has become problematic. Anyone who thinks such a situation can’t greatly undermine a large company should take a look at what has happened toAnheuser-Busch(NYSE:BUD). I believe that Disney’s blunders in this area have indeed hurt its financial results and will continue to do so for some time.\nShowing the weakness of Disney’s growth, analysts, on average, onlyexpect its top line toincrease 4.7% in 2024 versus 2023, despite the economy’s strength.\xa0I believe that DIS stock deserves a price-earnings ratio more in the 8x-10x range, and I think the shares will get there sooner than later. As a result, DIS is definitely one of the overpriced stocks to sell at this point.\nSource: Shutterstock\nThe shares of fast casual Mediterranean restaurant ownerCava(NYSE:CAVA) doubled on their first day of trading on June 15 in the wake of the company’s IPO.\nThe sharesnow havea valuation of roughly 7.4 times the company’s trailing revenue. Cava’s revenue will jump in the coming yearsbecause it“has 263 restaurants and wants to expand to over 1,000 by 2033.”\nStill, its valuation is far too high, since it’s far from being profitable and faces a tremendous amount of competition. On the profitability front, Cava reported a net loss of $59 million for 2022, and it has warned that its costs will increase in the coming years as it launches new restaurants.\xa0As far as competition is concerned, I’ve seen fast-casual Mediterranean restaurants, owned by various companies, in nearly every American city in which I’ve lived or visited over the last decade. And one can argue that Cava also competes with all of the fast-casual restaurants whose food is viewed as healthy.\nChipotle(NYSE:CMG) andSubway, for example, could both be looked at as being in the category.\nSource: Shutterstock\nMicroStrategy(NASDAQ:MSTR) has tied its fate to that ofBitcoin(BTC-USD),as the company“holdsapproximately140,000 bitcoin worth about $4 billion.”\nIf Bitcoin tumbles 75%, which I believe is quite likely, the value of MSTR’s Bitcoin holdings would drop by 75% of $4 billion ,or $3 billion. If MSTR’s market capitalization, whichis currently$4 billion, falls by $3 billion, its shares will have lost 75% of their value, all else being equal.\nThe company’s founder and executive chairman, Michael Saylor, contends that crypto will become a “bitcoin focused industry.” But, as I pointedout in a previous column, Washington looks poised to decimate America’s largest crypto exchange,Coinbase(NASDAQ:COIN), while another leading crypto exchange,Binance, also looks destined for failure, given the SEC’s even more onerous lawsuit against it. Additionally, Washington is strongly discouraging the nation’s banks from getting involved with crypto exchanges and the entire crypto sector.\nGiven these points, I believe that, within six months to a year, Americans will find it very difficult to buy and sell Bitcoin. Consequently, I expect the crypto’s value to plunge, taking MSTR stock with it.\nSource: Shutterstock\nLike Clorox,Coca-Cola’s(NYSE:KO) valuation has become quite excessive because of investors who are afraid of a recession piling into it.\xa0 Specifically, the stock’s forward price-earnings ratio is 23.4x.\xa0That’s a rather high valuation for a company whose bottom line is only expected by analysts, on average, to increase 5% this year. Moreover, unlike, say, most tech companies, manyconsumer discretionary stocks, and even some financial services firms, Coca-Cola’s profits have virtually no chance of every jumping 10%-15% in a given year.\nMoreover, I think there’s a risk that, at some point, the company’s financial results could be significantly, negatively impacted by increased concerns about the unhealthy quality of its flagship beverage.\xa0And showing that investors may be already tiring of the name, KO stock has greatly underperformed this year, falling 4% through June 15.\n[{"OXY": "CLX", "Occidental Petroleum": "Clorox", "$58.15": "$156.54"}, {"OXY": "SPCE", "Occidental Petroleum": "Virgin Galactic", "$58.15": "$4.73"}, {"OXY": "DIS", "Occidental Petroleum": "Disney", "$58.15": "$91.32"}, {"OXY": "CAVA", "Occidental Petroleum": "Cava Group", "$58.15": "$38.15"}, {"OXY": "MSTR", "Occidental Petroleum": "MicroStrategy", "$58.15": "$293.39"}, {"OXY": "KO", "Occidental Petroleum": "Coca-Cola", "$58.15": "$61.67"}]\nOn the date of publication, Larry Ramerwas short COIN.The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nLarry Ramer has conducted research and written articles on U.S. stocks for 15 years. He has been employed by The Fly and Israel’s largest business newspaper, Globes. Larry began writing columns for InvestorPlace in 2015. Among his highly successful, contrarian picks have been PLUG, XOM and solar stocks. You can reach him on Stocktwits at @larryramer.\n• Buy This $5 Stock BEFORE This Apple Project Goes Live\n• Did Elon Musk Just Trigger a New Netscape Moment?\n• The $1 Investment You MUST Take Advantage of Right Now\n• The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors\nThe postGet Out Now! 7 Extremely Overvalued Stocks Set to Spiral Downwardappeared first onInvestorPlace.', "At the beginning of the pandemic, markets reacted as though the world **Last 60 Days of Bitcoin's Closing Prices:** [27591.38, 27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-22 **Financial & Commodity Data:** - Gold Closing Price: $1912.70 - Crude Oil Closing Price: $69.51 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $588,258,667,162 - Hash Rate: 356522561.09697485 - Transaction Count: 392041.0 - Unique Addresses: 722789.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.65 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: CleanSpark (CLSK) has purchased another 12,500 bitcoin mining rigs for $40.5 million, the latest in a series of purchases during the market slump, according to a Thursday press release. The machines will add 1.76 exahash/second (EH/s) of computing power, or hashrate, to CleanSpark's operations, bringing them closer to their target of 16 EH/s for the end of 2023. As of the end of April, the firm's hashrate stood at 6.7 EH/s. The first 6,000 Bitmain Antminer S19 XP machines will be shipped by the manufacturer in June, and the remainder in August, the press release said. CleanSpark has been buying assets from distressed miners during the crypto bear market that has seen a number major mining firms declare bankruptcy or otherwise restructure. In April, for instance, the miner purchased 45,000 Antminer S19 XPs – enough to double its hashrate – and in February, it acquired 20,000 rigs at a 25% discount . The machines were bought at a price of $23 per terahash (TH) versus a market rate of $23.27/TH for models with efficiency under 25 J/TH on May 31, according to mining services firm Luxor Technologies . The S19 XPs purchased by CleanSpark, however, have an efficiency of 21.5 J/TH, making the market price likely higher than what Luxor is quoting. Compass Mining lists a price of $37/TH for the model. Read more: Bitcoin Mining Earnings Wrap: Marathon Shares Underperform After New SEC Subpoena CORRECTION (June 1, 14:00 UTC): Clarifies data from Luxor Technologies on machine prices, adds data point from Compass.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin rose and held above US$30,000 in Friday morning trading in Asia, holding onto the strong gains made this week on the back of growing institutional interest in the world’s largest cryptocurrency by market capitalization. Ether was little changed. Other top 10 non-stablecoin cryptocurrencies traded mixed, with Cardano’s ADA token gaining and Binance’s BNB losing ground. Overall, most tokens were holding weekly gains spurred by Bitcoin’s rally.\nBitcoin rose 0.33% over the last 24 hours to US$30,056.27 at 6:30 a.m. in Hong Kong, up 17.52% for the past week, according to CoinMarketCap data. The world’s largest cryptocurrency broke through resistance at US$30,000 early morning on Thursday for the first time since April, reaching a high of US$30,737.33.\nEther was little changed, rising 0.02% to US$1,879.66 to gain 12.87% for the week.\nBlackRock Inc.,the world’s largest asset manager with US$8.59 trillion under management at the end of 2022, filed an application on June 15 for a Bitcoin exchange-traded fund (ETF). Two more U.S.-based asset managers — WisdomTree and Invesco — also filed Bitcoin ETF applications this week.\n“Major cryptocurrencies were seeing strong performances this week — Traders reacted positively to the possibility of seeing a Bitcoin ETF come to market,” Denys Peleshok, head of Asia at Belize-based financial brokerage CPT Markets, in email comments.\n“A successful launch of a bitcoin ETF could open the way for more inflows from individuals and professional investors alike,” Peleshok added. “The investment vehicle could lower the barrier of entry into the market and attract significant volumes of investment into bitcoin in particular.”\nBoston-based Fidelity Investments, another major financial services company that managed US$4.2 trillion as of the first quarter of 2023, is alsosaidto be preparing to file a Bitcoin ETF application.\nIn another encouraging move for institutional adoption of crypto, EDX Marketsopened for businesson Tuesday as a New Jersey-based digital asset exchange backed by Wall Street firms such as Citadel Securities, Fidelity Investments and Charles Schwab Corp. EDX said U.S. regulatory compliance is a core feature of its operations.\nThese moves by traditional finance follow the crackdown on the U.S. crypto sector this month by the Securities and Exchange Commission (SEC), which filed lawsuits against the Binance.US and Coinbase exchanges. The SEC alleges they illegally traded cryptocurrencies that should have been registered as financial securities, among other charges.\n“[Bitcoin could] continue benefiting from its status as a quasi-commodity when most other digital assets are considered securities by regulators. As a result, Bitcoin could emerge as a winner from the SEC’s legal efforts,” said Peleshok of CPT Markets.\nU.S. Federal Reserve Chairman Jerome Powellcommentedon Bitcoin during a monetary policy hearing on Capitol Hill this week, describing the token as having “staying power” as an asset class.\nMeanwhile, Mastercard Inc., the world’s second largest payment processor,announcedThursday that it will expand its Engage network to embrace more blockchain and digital asset partners. Mastercard Engage connects businesses with qualified technology partners.\nOther top 10 non-stablecoin cryptocurrencies were mixed, although making weekly gains spearheaded by Bitcoin. Binance’s BNB token lost 2.53% to US$242.49 while gaining 2.36% in the past seven days.\nCardano’s ADA rose 2.21% to US$0.2922, adding 10.90% in the last week.\nThe total cryptocurrency market capitalization rose 0.14% to US$1.17 trillion in the last 24 hours, while trading volume fell 25.24% to US$45.06 billion, according to CoinMarketCap data.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, the Forkast 500 NFT index rose 0.78% to 2,930.17 in the 24 hours to 8:30 a.m. in Hong Kong. The index gained 1.3% for the week.\nTotal NFT transactions rose 0.64% to US$23.9 million, while transactions on Ethereum dipped 3.70% to US$15.56 million. Bitcoin was the second largest blockchain by NFT transactions, rising 8.56% to US$2.74 million.\nYuga Labs’ Bored and Mutant Ape Yacht Club NFTs were the top selling collections in the last 24 hours. Bored Ape trades rose 1.12% to US$3.07 million, while Mutant Ape surged 23.92% to US$1.05 million.\n“NFT traders are optimistic about the future, and clearly willing to spend as we see from multiple $145k Bored Ape Yacht Club sales, along with a $286k sale, but still the index is just above its all-time low point,” said Yehudah Petscher, NFT strategist at Forkast Labs, the parent company of Forkast.News.\nThat indicates investors remain hesitant as a whole, apart from some whales, said Petscher, adding that may be because of a lack of a track record for some projects holding value over time.\nThe Gods Unchained Cards NFT collection from ImmutableX was the third most traded collection, even as transactions fell 8.75% to US$754,805. ImmutableannouncedWednesday that its NFT trading card game Gods Unchained is now listed on game distribution platform Epic Games Store, which has over 230 million customers.\n“Lots of eyes on Azuki tomorrow as they have a big event in Las Vegas,” Petscher said.Azuki, the Japanese anime-inspired NFT collection of 10,000 generative avatars, became one of the most popular collections since its debut in January 2022 and still holds an active community.\nAzuki is the eighth most traded collection according to Cryptoslam data, with US$537,366 worth of transactions over the past day. “We’re watching to see what big announcements they may have – a new token, or possibly a game? Azuki has a track record of delivering on hype,” Petscher said.\nElsewhere, Swiss-based multinational food manufacturerNestlé S.A.and U.S.-based snack brandSlim Jimboth announced the launch of NFT collections, signaling continued mainstream interest in the blockchain-powered technology.\nU.S. stock futures traded lower as of 9:30 a.m. in Hong Kong, following a mixed regular trading session on Thursday.\nDow Jones Industrial Average futures slipped 0.06%, S&P 500 futures lost 0.11%, while Nasdaq futures inched down 0.084%.\nTech stocks gained in the Thursday session performed well with Apple Inc. setting a new record high of US$187, while Amazon.com Inc. and Tesla Inc. also rising.\nOn the U.S. battlefront against inflation, Federal Reserve Chairman Jerome Powell told the U.S. Congress on Tuesday and Thursday this week that the central bank is in consensus that more interest rate increases are likely this year to control high price pressure. The U.S. inflation rate is currently at around 4.05%, down from last month’s 4.93% but still far from Fed’s target of 2%.\nU.S. interest rates are now between 5% and 5.25%, the highest since 2006. The Fed paused rate hikes at the last meeting on June 14, but indicated two more hikes this year to bring rates to around 5.6%.\nThe Federal Reserve’s next meeting on interest rates is July 26 and the majority view is they will raise. The CME FedWatch Tool predicts a 76.9% chance for another 25-basis-point rate hike, up from 71.9% on Thursday, and a 23.1% chance the Fed will leave rates unchanged.\n(Updates to add equities section)', 'Bitcoin rose and held above US$30,000 in Friday morning trading in Asia, holding onto the strong gains made this week on the back of growing institutional interest in the world\x92s largest cryptocurrency by market capitalization. Ether was little changed. Other top 10 non-stablecoin cryptocurrencies traded mixed, with Cardano\x92s ADA token gaining and Binance\x92s BNB losing ground. Overall, most tokens were holding weekly gains spurred by Bitcoin\x92s rally. Crypto Bitcoin rose 0.33% over the last 24 hours to US$30,056.27 at 6:30 a.m. in Hong Kong, up 17.52% for the past week, according to CoinMarketCap data. The world\x92s largest cryptocurrency broke through resistance at US$30,000 early morning on Thursday for the first time since April, reaching a high of US$30,737.33. Ether was little changed, rising 0.02% to US$1,879.66 to gain 12.87% for the week. BlackRock Inc.,the world\x92s largest asset manager with US$8.59 trillion under management at the end of 2022, filed an application on June 15 for a Bitcoin exchange-traded fund (ETF). Two more U.S.-based asset managers \x97 WisdomTree and Invesco \x97 also filed Bitcoin ETF applications this week. \x93Major cryptocurrencies were seeing strong performances this week \x97 Traders reacted positively to the possibility of seeing a Bitcoin ETF come to market,\x94 Denys Peleshok, head of Asia at Belize-based financial brokerage CPT Markets, in email comments. \x93A successful launch of a bitcoin ETF could open the way for more inflows from individuals and professional investors alike,\x94 Peleshok added. \x93The investment vehicle could lower the barrier of entry into the market and attract significant volumes of investment into bitcoin in particular.\x94 Boston-based Fidelity Investments, another major financial services company that managed US$4.2 trillion as of the first quarter of 2023, is also said to be preparing to file a Bitcoin ETF application. In another encouraging move for institutional adoption of crypto, EDX Markets opened for business on Tuesday as a New Jersey-based digital asset exchange backed by Wall Street firms such as Citadel Securities, Fidelity Investments and Charles Schwab Corp. EDX said U.S. regulatory compliance is a core feature of its operations. Story continues These moves by traditional finance follow the crackdown on the U.S. crypto sector this month by the Securities and Exchange Commission (SEC), which filed lawsuits against the Binance.US and Coinbase exchanges. The SEC alleges they illegally traded cryptocurrencies that should have been registered as financial securities **Last 60 Days of Bitcoin's Closing Prices:** [27525.34, 28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-23 **Financial & Commodity Data:** - Gold Closing Price: $1919.10 - Crude Oil Closing Price: $69.16 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $582,691,848,975 - Hash Rate: 325294307.5702325 - Transaction Count: 374001.0 - Unique Addresses: 707501.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.65 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Blackrock’s (BLK) iShares Bitcoin Trust application to the U.S. Securities and Exchange Commission (SEC) this week might stand a better chance than previous attempts by other fund managers thanks to the promise of a “surveillance-sharing agreement” between exchanges. On page 36 of the Nasdaq (where the proposed ETF will be listed)19b-4 filing, it's stated that to mitigate against market manipulation, Nasdaq will be brought in to enter into a surveillance-sharing agreement with an operator of a spot trading platform for Bitcoin (BTC). Surveillance-sharing agreements allow for the sharing of information about market trading activity, clearing activity, and customer identification, allowing for little possibility of market manipulation. Nasdaq’s proposed surveillance-sharing agreement, dubbed the “Spot BTC SSA,” is what makes this application different, and not simply the company’s size as the largest asset manager in the world, said Graeme Moore, Head of Tokenization, Polymesh Association. “The SEC is very concerned with market manipulation related to Bitcoin prices, and has cited this in almost, if not all, previous rejections,” Moore said in an emailed statement. “This is because the SEC’s view is that Coinbase and others are not regulated as exchanges and therefore cannot be trusted to ‘prevent fraudulent and manipulative acts and practices’.” However, industry veteran Dave Weisberger, CEO & Co-Founder of CoinRoutes, countered that any such surveillance-sharing agreement is superfluous. “Why should it be necessary?” Weisberger said in an interview with CoinDesk.” Because Kraken, Coinbase, ItBit, Lmax and Bitstamp -- all of their data feeds are public,” he added. “The SEC could clearly get all this data or hire someone to feed it to them. You can know every trade in every order, and that will give the SEC the ability to say, 'Hey, this looks like a manipulative trade. So who did it?'" The SEC has previously highlighted the importance of a surveillance-sharing agreements. In anoticein January regarding Cboe Digital’s request to list and trade shares of the ARK 21Shares Bitcoin ETF, agency officials said that “an exchange that lists bitcoin-based ETPs can meet its obligations under Exchange Act Section by demonstrating that the exchange has a comprehensive surveillance-sharing agreement with a regulated market of significant size related to the underlying or reference bitcoin assets.” Blackrock’s iShares filed paperwork with the SEC on Thursday afternoonfor the formationof a spot bitcoin ETF. The move comes after several other ETF proposals, including those of Grayscale, VanEck, and WisdomTree have previously been rejected. Correction (16:00 UTC, June 16, 2023):Noted that Nasdaq, not BlackRock, made the 19b-4 filing.... - Reddit Posts (Sample): [['u/excubitor15379', 'Altcoins performance last cycle', 11, '2023-06-23 00:16', 'https://www.reddit.com/r/CryptoCurrency/comments/14ggu0u/altcoins_performance_last_cycle/', " Hello my dear reddit fellows. I have made simple altcoins analyse I wanted to share it here to hear u out and make a discussion maybe.\n\n \nI take a snapshot of crypto market on the day 16 of dec 2018 – the day BTC was around its lowest price – 3252$ and I decided to check how well altcoin investment would go from there. \n\nSo I picked top 100 crypto by marketcap at that time, but since there were 6 stable coins and I wanted 100 altcoins to analyze I decided to make it for 106 top coins excluding stables at that time (around the bottom of the bearmarket of 2018). \n\n# case one\n\nIn **case one** I tracked alts movements price from the date of BTC bottom to their ATH around the date of the first ATH of BTC (we got duble top that year). So it wasnt precise date for altcoins I just wanted to see their maximum performance. It is worth noting that it is impossible to buy at the very bottom and sell at the very top, so the case one is made out of curiosity and mostly for fun. I don't believe anyone can achieve those returns with exceptions of some lucky ones. \n\n**Here are the results.** \n\n \n7 coins died – are no longer tracked by cmc\n\n6 coins would net u lose – they didn't beat their bottom price at BTC ATH on 2021(sic!); for instance: Metaverse ETP (ETP) price at BTC bottom (around mid of December 2018) was 0.6 and at BTC ATH at 2021 was 0.5. So, as u can see, 6 coins wasn't able to net u gain even under the most favorable conditions. The table shows results for all 100 altcoins (number of cases is percentage since they sums up to 100): \n\n&#x200B;\n\nhttps://preview.redd.it/vyb0gnjoxm7b1.png?width=171&format=png&auto=webp&v=enabled&s=4cb6b80bba84e18dd65732a78b989869bdfc29d9\n\n&#x200B;\n\nIf u are skilled enough to buy into the very bottom and sell on the very top, congrats, u would have 87% chance to earn money. The mode in this case is 10-20x what sounds nice, but since it's literally impossible to hit the bottom and the top, at least unless u have perfectly working crystal ball, u shouldn't expect that kind of returns. Just to add, there were only 50% chances to hit 10x and more returns.\n\n# case two\n\nTo be more realistic though, I think we should change conditions a bit. So the next scenario – **case two** \\- is modified towards more reality. At case two we enter at a price increased by 25% from bottom and sell at the price decreased by 25% from the top (lucky and disciplined trader gj on him). After this adjustments it doesn't look that optimistic – see tab below.\n\n&#x200B;\n\nhttps://preview.redd.it/mhmd99n5ym7b1.png?width=171&format=png&auto=webp&v=enabled&s=d63bccf7c219f5ed1e5091229fdce7262a050c28\n\nAs u can see number of coins that nets u lose doubled. So, u gona lose 19% of time while netting >2-10x about 46% of time. Only 2 coins in that scenario made >50-100x and 3 made >100x. This time mode is >5-10x - not that impressive if u take into account that betting on altcoins is a extreme sport in the crypot universe.\n\n# Now lets see how BTC did under that circumstances. \n\nBTC bottom was around 3252$ . ATH was 64700$. So everyone with perfectly calibrated crystal ball was able to net 19.9x nice. \n\nThe more realistic scenario -**case two** \\- gives u 11.9x . Still decent but u had to sell BTC at 48500$ what would be challenging af with all that 100k EOY narration around.\n\nPutting this value against cumulated percentage for alts - tab below - shows u got only around 30% chance to meet or beat that 11.9x. And u got only 15% chance to make >20x returns on alts. It doesn't look that good to me anymore. \n\n&#x200B;\n\nhttps://preview.redd.it/eqidprgrym7b1.png?width=256&format=png&auto=webp&v=enabled&s=ee14c9cd1b22ee18ba486b5063a2896a0e58fe03\n\nNow lets assume You divided ur portfolio: 70%BTC 20%ETH 10% alts. In this scenario for every 1000$ invested u would earn ( I will calculate for the more realistic scenario in which ur crystal ball was taken by ur wife to figure out famous stars love affairs): \n \n\n&#x200B;\n\nhttps://preview.redd.it/186ls9bc1n7b1.png?width=341&format=png&auto=webp&v=enabled&s=6821aa87dff1b08c2d640e0a861a95eb5b1c138f\n\n In table above there are 2 averages for alts: 1st one is the arithmetic mean and the 2nd one-the mode which i used in all previous examples - thats why 10% twice in the table; I decided to do it that way to put a bit more spice into the calculation since arithmetic mean is a bit better for alts outcome. \nKeep in mind u had only 30% chance for alts to beat BTC gains (see table with cumulated percentage). So for around 70% of time u would earn less on alts then on BTC, yaiks! \n \n\nSo as a conclusion it seems to me that buying BTC is not only safer but also provided good returns. Ofc u can find alts that did spectacular and if u can do that - good for u, i am full of admiration for u. But it seems alts are really risky play that brings less gains that I supposed they do, before i made that analyze. \n\nI still believe buying right alts at right moment can elevate ur profits by a lot, but as they say: **time in the market beats timing the market.**\n\nOK that's it folks. I am widely opened for constructive criticism, and gona make more post about alts in the nearest future. GL on ur trades, and don't give BTC to those whales cheaply!\n\nAnd don't worry, i didn't forget of the most important part ;) Here are those alts that made >50x gains:\n\n&#x200B;\n\nhttps://preview.redd.it/3ut113v47n7b1.png?width=420&format=png&auto=webp&v=enabled&s=f277c351a02eb4aaa7fabd8d3d0c657e57aa6c96\n\n \n\n\n||||\n|:-|:-|:-|\n||||\n\n&#x200B;\n\n||||\n|:-|:-|:-|\n||||\n\n&#x200B;\n\n||||\n|:-|:-|:-|\n||||", 'https://www.reddit.com/r/CryptoCurrency/comments/14ggu0u/altcoins_performance_last_cycle/', '14ggu0u', [['u/Onnimation', 11, '2023-06-23 00:22', 'https://www.reddit.com/r/CryptoCurrency/comments/14ggu0u/altcoins_performance_last_cycle/jp5fgqw/', "I like to live on the edge so I'm 100% in alts", '14ggu0u']]], ['u/Cinobite', 'I Signed up to Haru about a Month Ago....', 18, '2023-06-23 00:20', 'https://www.reddit.com/r/HaruInvest/comments/14ggxr9/i_signed_up_to_haru_about_a_month_ago/', '1/3 of my BTC and ETH, what makes it worse is that I started in crypto during ATHs, between Cefi going under and ETH fees crypto just feels like throwing money away. I have some low caps which if they 30x to previous highs MIGHT put me back where I started, making the past 2-4 years pointless', 'https://www.reddit.com/r/HaruInvest/comments/14ggxr9/i_signed_up_to_haru_about_a_month_ago/', '14ggxr9', [['u/mykeys71', 23, '2023-06-23 00:49', 'https://www.reddit.com/r/HaruInvest/comments/14ggxr9/i_signed_up_to_haru_about_a_month_ago/jp5iyoc/', 'I had my life savings in Haru (I know it was stupid). I had taken a pay cut at work so I thought I would collect a yield on all my BTC to make up the difference. I now can’t eat, sleep and have no idea how to tell my wife. I’m basically screwed and have lost my retirement.', '14ggxr9']]], ['u/briannaconetta', 'Seema’s gold outfit and bag at the end of Season 2 Episode 2', 43, '2023-06-23 02:48', 'https://www.reddit.com/r/Andjustlikethat/comments/14gka8z/seemas_gold_outfit_and_bag_at_the_end_of_season_2/', 'Was that bag a bitcoin Judith Lieber bag?!?!', 'https://i.redd.it/pidt0x4e0o7b1.jpg', '14gka8z', [['u/Which_way_witcher', 23, '2023-06-23 04:50', 'https://www.reddit.com/r/Andjustlikethat/comments/14gka8z/seemas_gold_outfit_and_bag_at_the_end_of_season_2/jp6d97w/', "Eh, looks like something country bumpkins wear on their big nights out in Chicago. Garish and blingy. Dress might have been fine on its own without that bag. \n\nSeema's first miss and it's a big one.", '14gka8z']]], ['u/kapliger', "Why does this sub celebrate Blackrock's BTC ETF application?", 50, '2023-06-23 03:32', 'https://www.reddit.com/r/Bitcoin/comments/14gl7zk/why_does_this_sub_celebrate_blackrocks_btc_etf/', 'I find it irritating that the community that pushes most for decentralisation, self-custody, morals & justice suddenly takes comfort in the fact that the largest, most evil asset management firm in the world files for a spot Bitcoin ETF.\nCan someone explain to me why this is positive for Bitcoin or "the people"?\n\nSimple conclusion from a neutral bystander would be that the majority of Bitcoiners doesn\'t give a damn about the principals of BTC, would switch up in a heartbeat & just wants to be up in terms of fiat, chasing the next pump, no matter which criminal entity supports their agenda. Doesn\'t exactly radiate veracity, does it?', 'https://www.reddit.com/r/Bitcoin/comments/14gl7zk/why_does_this_sub_celebrate_blackrocks_btc_etf/', '14gl7zk', [['u/Cereal_Killer001', 106, '2023-06-23 03:36', 'https://www.reddit.com/r/Bitcoin/comments/14gl7zk/why_does_this_sub_celebrate_blackrocks_btc_etf/jp64fqv/', 'bitcoin ETFs do not make sense nor should anyone buy them but I think the reason that people are excited is because it signals one of the largest financial institutions getting bitcoin on its balance sheet. This does multiple things. First, if BlackRock has bitcoin on its balance sheet, it legitimizes the asset to the public and could incentivize more major market movers to follow suit. Secondly, BlackRock has a TON of leverage with the SEC. As much as we hate the SEC, it is nice having a major market mover in your corner to help advocate for bitcoin.', '14gl7zk'], ['u/nigelwiggins', 12, '2023-06-23 03:53', 'https://www.reddit.com/r/Bitcoin/comments/14gl7zk/why_does_this_sub_celebrate_blackrocks_btc_etf/jp66f7x/', 'Number goes up. Not in it for the tech', '14gl7zk'], ['u/StumbleMyMirth', 33, '2023-06-23 03:58', 'https://www.reddit.com/r/Bitcoin/comments/14gl7zk/why_does_this_sub_celebrate_blackrocks_btc_etf/jp6746k/', 'Bitcoin is for everyone.', '14gl7zk'], ['u/399ddf95', 36, '20... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77, 31156.44
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Photograph: Jon Nazca/Reuters A British man who took part in schemes to hack the Twitter accounts of celebrities, including Joe Biden and Elon Musk, was sentenced to five years in prison, the US attorney’s office announced on Friday. Related: Texas governor signs bill rescinding water breaks as deadly heat grips state Joseph James O’Connor, 24, pleaded guilty to cybercrime charges last month, nearly three years after he and others in his hacking group hijacked more than 130 Twitter accounts as part of a Bitcoin scam, including those of Apple, Uber, Kanye West, Bill Gates and Barack Obama. He also pleaded guilty to stealing $794,000 in virtual currency from a New York cryptocurrency company. O’Connor was arrested nearly two years ago in Spain for the July 2020 hack and extradited to the US in April. The charges he pleaded guilty to include conspiracy to commit computer intrusions, conspiracy to commit wire fraud and conspiracy to commit money laundering and stalking two victims, among others. Under the most serious of the charges, O’Connor faced up to 20 years in prison. In addition to serving five years in a US prison, O’Connor was also sentenced to three years of supervised release and ordered to pay $794,000. “O’Connor’s criminal activities were flagrant and malicious and his conduct impacted multiple people’s lives. He harassed, threatened and extorted his victims, causing substantial emotional harm,” Kenneth A Polite Jr, an assistant attorney general in the US justice department’s criminal division, said after O’Connor pleaded guilty last month. “Like many criminal actors, O’Connor tried to stay anonymous by using a computer to hide behind stealth accounts and aliases from outside the United States.” Two others have also been charged with federal crimes in the incident, including Nima Fazeli of Florida, and Mason Sheppard, who is from Bognor Regis in the UK. The alleged mastermind of the hacking group, the Florida teen Graham Ivan Clark, was sentenced to three years in juvenile prison in July 2021, the maximum allowed under state law. The attacks, which unfolded over the course of several hours in July 2020 , rocked Twitter and prompted the company to take the unprecedented measure of stopping all verified accounts from tweeting.', 'Photograph: Jon Nazca/Reuters A British man who took part in schemes to hack the Twitter accounts of celebrities, including Joe Biden and Elon Musk, was sentenced to five years in prison, the US attorney’s office announced on Friday. Related: Texas governor signs bill rescinding water breaks as deadly heat grips state Joseph James O’Connor, 24, pleaded guilty to cybercrime charges last month, nearly three years after he and others in his hacking group hijacked more than 130 Twitter accounts as part of a Bitcoin scam, including those of Apple, Uber, Kanye West, Bill Gates and Barack Obama. He also pleaded guilty to stealing $794,000 in virtual currency from a New York cryptocurrency company. O’Connor was arrested nearly two years ago in Spain for the July 2020 hack and extradited to the US in April. The charges he pleaded guilty to include conspiracy to commit computer intrusions, conspiracy to commit wire fraud and conspiracy to commit money laundering and stalking two victims, among others. Under the most serious of the charges, O’Connor faced up to 20 years in prison. In addition to serving five years in a US prison, O’Connor was also sentenced to three years of supervised release and ordered to pay $794,000. “O’Connor’s criminal activities were flagrant and malicious and his conduct impacted multiple people’s lives. He harassed, threatened and extorted his victims, causing substantial emotional harm,” Kenneth A Polite Jr, an assistant attorney general in the US justice department’s criminal division, said after O’Connor pleaded guilty last month. “Like many criminal actors, O’Connor tried to stay anonymous by using a computer to hide behind stealth accounts and aliases from outside the United States.” Two others have also been charged with federal crimes in the incident, including Nima Fazeli of Florida, and Mason Sheppard, who is from Bognor Regis in the UK. The alleged mastermind of the hacking group, the Florida teen Graham Ivan Clark, was sentenced to three years in juvenile prison in July 2021, the maximum allowed under state law. The attacks, which unfolded over the course of several hours in July 2020 , rocked Twitter and prompted the company to take the unprecedented measure of stopping all verified accounts from tweeting.', 'Warnings from the chemical sector on the outlook for earnings are piling up — just as worrying signs about global demand and economic growth begin to multiply across the board.\nJune has proved a bad month for chemical producers, with four European companies warning about their profit outlook for the rest of the year.This week, Lanxess joined Croda, K+S and Victrex in preparing investors for the impact of weak demand, tougher pricing, or destocking by customers. In the US, Cabot blamed softer global demand as it ditched its full-year forecast.\nWhether the worsening outlook for chemicals is a warning for the broader industrial or cyclical complex isn’t yet clear. But without substantial stimulus in China or signs that demand is picking up, caution could be warranted— especially at a time when optimistic investors have pushed their positioning in stocks back to elevated levels.\nIndustrial shares are usually closely correlated with chemicals and account for nearly 14% of the Stoxx 600, the largest sector weight in the European benchmark after health care. More broadly, economically driven cyclicals are about two-thirds of the market. Their earnings prospects are heavily linked to global growth, which has been driven by China for the past few years. But the Asian giant’s revival is faltering. In the past week, economists at Goldman Sachs, HSBC, Citi and Nomura are among those to have revised their China GDP growth forecasts lower for 2023, doubting that stimulus from Beijing could turn the tide.\n“Expectations have been too high about what China will be able to do on stimulus, as the Chinese government is more constrained compared to previous cycles relative to kick-starting the economy through just cutting interest rates or lowering reserve requirements for banks,”says Peter Garnry, head of equity strategy at Saxo Bank A/S.\nValuations remain a concern. The latest drop in chemical stocks has taken the premium on the sector’s price-to-earnings ratio over the broader European market back to its 10-year average of about 19%, after peaking at 40% last year. Industrials are still trading near a similar record premium of 40%, double the 10-year average.\nIn another worrying sign, troubles are expanding into the packaging sector, with Mayr-Melnhof Karton becoming the latest European company from the sector to issue a profit warning. This follows other paper and pulp sector warnings from companies including Billerud AB, UPM-Kymmene, and Stora Enso.\nEuropean cyclicals have brushed off weak macro-economic forecasts and surveys, thanks to hard data like GDP figures, which have held up well so far this year. Hopes of a soft landing and a peak in yields have supported stocks, while receding inflation has also helped.\nStill, other overall macro-economic readings give a less positive picture.Manufacturing PMIs remain in the doldrums, in sharp contrast with the expansion in services data this year. A debate rages over how this gap will close, with UBS strategists Gerry Fowler and Sutanya Chedda contending that services activity will be dragged lower.\n“European services new orders PMIs reversed quite sharply in May,” the UBS strategist say. “If this is a sign of emerging weakness in services demand, it could lead to more sector correlation and equity downside.”\n“The main disconnect that the market will need to grapple with revolves around the hopes of a soft landing, without much pain to profits, labor or credit, but at the same time the expectation that inflation will come down quickly,” says Vincent Rennella, Silex Investment Managers’ head of equity strategy, who is keeping his defensive stock allocation. “How can the consensus think that the worst of pressures is behind us, when the impact of monetary tightening historically worked with a lag, especially with a Fed that has not even stopped hiking?”\nBy Michael Msika, Bloomberg markets live reporter and strategist viaZerohedge.com\nMore Top Reads From Oilprice.com:\n• Rising Interest Rates And Inflation Threaten UK Manufacturing\n• Middle East Oil Prices Soar Amid Chinese Trading Frenzy\n• Can Quantum Computing Save Bitcoin From Itself?\nRead this article on OilPrice.com', 'Warnings from the chemical sector on the outlook for earnings are piling up — just as worrying signs about global demand and economic growth begin to multiply across the board. June has proved a bad month for chemical producers, with four European companies warning about their profit outlook for the rest of the year. This week, Lanxess joined Croda, K+S and Victrex in preparing investors for the impact of weak demand, tougher pricing, or destocking by customers . In the US, Cabot blamed softer global demand as it ditched its full-year forecast. Whether the worsening outlook for chemicals is a warning for the broader industrial or cyclical complex isn’t yet clear . But without substantial stimulus in China or signs that demand is picking up, caution could be warranted — especially at a time when optimistic investors have pushed their positioning in stocks back to elevated levels. Industrial shares are usually closely correlated with chemicals and account for nearly 14% of the Stoxx 600, the largest sector weight in the European benchmark after health care. More broadly, economically driven cyclicals are about two-thirds of the market. Their earnings prospects are heavily linked to global growth, which has been driven by China for the **Last 60 Days of Bitcoin's Closing Prices:** [28307.60, 28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-24 **Financial & Commodity Data:** - Gold Closing Price: $1919.10 - Crude Oil Closing Price: $69.16 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $593,739,946,069 - Hash Rate: 379943751.2420316 - Transaction Count: 361437.0 - Unique Addresses: 683837.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.62 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: In this article, we will take a look at the 15 best cryptocurrency exchanges and apps in May 2023.  If you want to see more exchanges in this selection, go to the5 Best Cryptocurrency Exchanges and Apps in May 2023. According toCoinMarketCap, the global market capitalization for cryptocurrencies stands at $1.13 trillion as of May 13. While there are more than 24,000 cryptocurrencies in the world, Bitcoin dominates the industry by having a share of 46% of the market capitalization. Meanwhile, the top 10 cryptocurrencies take up over 85% of the total market capitalization. According toStatista, the cryptocurrency industry is forecasted to generate a total revenue of $37.87 billion in 2023. The topline is expected to compound at an annual rate of 14.40% by 2027 to reach a total sum of $64.87 billion. As of 2023, the number of cryptocurrency users stands at 673 million globally, and this is expected to rise to 994.3 million by 2027. Binance, a leading cryptocurrency exchange, has been known for maintaining its dominance over other popular cryptocurrency exchanges. However, after implementing a recent policy change that discontinued zero-fee trading, Binance experienced a significant decline in its dominance in the spot trading market.Dataprovided by reputable analytics firm Kaiko revealed that Binance's share of spot trading declined from 73% to 51% following the policy alteration. As of May 6, the data indicates that Binance's reduced market share has benefited exchanges based in Asia, such as Huobi and OKX. These exchanges have gained 8% and 4% in trading volume, respectively. Additionally, South Korean exchanges saw substantial growth, collectively increasing their market share from 8% to 14%. This shift in the competitive landscape of the cryptocurrency market is significant and has caused many to reassess their strategies. One of the major trends in the cryptocurrency industry is its adoption by institutions like banks, hedge funds, and corporations. This has resulted in an influx of capital into the industry, which has contributed to the growth of the market. US financial services firms are actively developing their own blockchain-based platforms, which include digital currencies, to facilitate business-to-business (B2B) cryptocurrency transactions. In October 2020, PayPal Holdings Inc (NASDAQ:PYPL) unveiled its initiative enabling customers to purchase, sell, and hold Bitcoin and other cryptocurrencies through their PayPal accounts. This integration allowed customers to utilize their cryptocurrency assets for purchases from the vast network of 26 million PayPal Holdings Inc's (NASDAQ:PYPL) merchants. Similarly, companies like Mastercard Inc (NYSE:MA) and Visa Inc (NYSE:V) have also forged relationships with crypto exchanges like Gemini and Binance to issue crypto-linked payment cards. At the same time, regulatory scrutiny on the digital currency industry has intensified following the downfall of FTX, a crypto exchange, in the previous year. In March, the U.S. Securities and Exchange Commission cautioned Coinbase, an American crypto exchange, regarding potential violations of securities laws. In response, Coinbase's CEO, Brian Armstrong, stated that the company is bracing itself for a protracted legal dispute with the SEC. Similarly, the Commodity Futures and Trading Commission accused Binance, a crypto exchange, of contravening trading regulations in March. These instances act as a reminder of the constantly changing environment and the necessity for cryptocurrency exchanges to adhere to regulatory guidelines. bitcoin miningOur Methodology We used a consensus opinion-based methodology to shortlist the best cryptocurrency exchanges and apps in May 2023. We evaluated these platforms based on ten key factors, such as security, reputation, fees, user interface, trading volume, supported cryptocurrencies, customer support, deposit and withdrawal terms, regulatory compliance, and the quality of mobile applications. We referred to 17 leading sources, such as Business Insider, Forbes, Fortune, Nerd Wallet, and Reddit, to assign a score out of 10 across each of these factors. The 15 best cryptocurrency exchanges and apps have been ranked in ascending order of their total score. Total Score: 18 Webull allows users to buy and sell Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Dogecoin (DOGE), Ethereum Classic, and 35 other cryptocurrencies. Users can also view real-time market data for various cryptocurrencies, along with news and analysis related to the cryptocurrency industry. Users can trade cryptocurrencies with a minimum balance of $1 only. The platform provides safety through two-factor authentication and provides its users with educational resources as well. Users can interact with each other and share their thoughts and trading strategies through its desktop and mobile app versions. Total Score: 19 Bybit is a cryptocurrency derivatives exchange that allows users to trade Bitcoin, Ethereum, XRP, EOS, and other crypto coins with up to 100x leverage. The platform's intuitive trading interface and advanced trading tools, such as customizable charts and technical analysis indicators, make it a preferred choice for experienced traders. Bybit also offers a range of trading products, including perpetual contracts, futures contracts, and options, giving users the flexibility to trade a variety of financial instruments. With its strong focus on security and customer support, Bybit has become a trusted name in the cryptocurrency derivatives market. Total Score: 20 SoFi is a financial services company that offers a range of products, including lending, investing, and now cryptocurrency trading. Its cryptocurrency trading platform allows users to buy and sell a variety of cryptocurrencies with no minimum account balance and low transaction fees. SoFi also offers an educational platform to help users increase their knowledge about cryptocurrency trading. Additionally, SoFi provides a suite of other financial products, such as personal loans and retirement accounts, making it a comprehensive choice for users looking to manage their finances in one place. Total Score: 21 Uphold is a digital currency exchange and wallet that allows users to buy, sell, and hold a variety of cryptocurrencies. Uphold also allows users to exchange cryptocurrencies for fiat currencies such as USD, EUR, and GBP. With its strong focus on security and transparency, Uphold has become a renowned choice for individuals and businesses looking to enter the world of cryptocurrencies. Additionally, Uphold offers features such as the ability to earn interest on cryptocurrencies and access to a range of financial services, making it a versatile platform for cryptocurrency users of all levels. Total Score: 24 Robinhood is a commission-free trading platform that allows users to trade cryptocurrencies, along with stocks, options, and exchange-traded funds (ETFs). The platform offers a simple and intuitive trading interface, making it a common pick for users new to the cryptocurrency market. With a range of digital coins available, users can easily buy and sell cryptocurrencies with no minimum balance requirement or trading fees. Robinhood also offers a range of educational resources to help users study more about cryptocurrencies and the broader financial markets. Total Score: 25 Bittrex is a US-based cryptocurrency exchange founded in 2014 that allows users to trade a wide range of digital commodities. With a strong focus on security, Bittrex uses a multi-stage wallet strategy and regularly undergoes third-party security audits to ensure that user funds are protected. The platform offers a simple and intuitive trading interface, in addition to advanced features such as margin investing and stop-loss orders. Bittrex also supports the trading of stablecoins and offers a range of trading pairs with fiat currencies, making it a convenient option for users looking to trade cryptocurrencies. Total Score: 26 CEX.io is a UK-based cryptocurrency exchange that offers a range of trading options for users. With a user-friendly trading interface and a variety of payment options, including credit card and bank transfer, CEX.io has become a preferred option for both beginner and expert cryptocurrency traders. The platform also offers advanced trading features such as market and limit orders, margin finance, and stop-loss orders. CEX.io is known for its strong focus on security and regulation, as the platform is registered with the UK's Financial Conduct Authority (FCA) and complies with AML/KYC regulations. Total Score: 35 Bitstamp is a cryptocurrency exchange founded in 2011 that provides users with a secure platform for trading virtual currencies. The exchange supports a range of cryptocurrencies and offers users access to advanced trading tools such as stop-loss orders and margin borrowing. Bitstamp has a reputation for being one of the most secure cryptocurrency exchanges, having implemented advanced security measures such as two-factor authentication and cold storage for user funds. Additionally, Bitstamp has been licensed as a virtual currency exchange by the Luxembourg Financial Industry Supervisory Commission (CSSF). Total Score: 41 eToro is a social trading and investment platform that enables users to engage in the trading of various financial assets, such as cryptocurrencies, stocks, and commodities. The platform's unique feature is its copy trading system, which allows users to automatically copy the trades of successful traders. eToro's cryptocurrency exchange offers a simple and user-friendly trading interface on top of a range of educational resources to help users learn more about cryptocurrencies and trading. With its innovative trading tools and social trading features, eToro has become one of the best cryptocurrency exchanges in May 2023. Total Score: 47 Crypto.com is a cryptocurrency exchange that provides users with a wide range of tr... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77, 31156.44, 30777.58
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Investing.com -- Inflation data from the U.S. and the eurozone will help shape expectations for interest rates while central bankers gather in Portugal for the European Central Bank’s annual forum. Economic data out of China will also be in the spotlight as the recovery in the world’s number two economy falters, and events in Russia will also be closely watched after an attempted insurrection challenged President Vladimir Putin\'s grip on power.\nInvestors will get a fresh update on the possible future path of interest rates on Friday with the release of May data on the personal consumption expenditures price index, the Federal Reserve’s preferred inflation gauge.\nIn the 12 months through April, thePCE price indexas well as thecore ratewere still running well above the Fed’s 2% target.\nThe inflation numbers will feed into investor expectations around the central bank\'s next rate decision in July after it paused rate hikes at its June meeting but signaled that more hikes lie ahead.\nPrior to that, the latestconsumer confidencereport is due out Tuesday after the index hit a six-month low in May. June\'s index is expected to tick higher.\nTheCase-Shiller national home price indexis also due for release on Tuesday. The index climbed 0.4% in March after adjusting for seasonal fluctuations.\nThe second quarter of what has been a turbulent year so far for markets is ending. The year started with a burst of optimism over China\'s post-COVID recovery, greater resilience in the global economy; and relief that inflation could have peaked.\nSince then, a U.S. banking crisis, the collapse of Credit Suisse, and the struggle to rein in inflation has made the last six months feel like a long time in markets.\nThe hype around artificial intelligence (AI) has made Big Tech the best-performing asset of 2023, with a gain of 75%. But it\'s been difficult year for the rest of the market, other than in specific pockets such as Japanese equities and European luxury stocks.\nSurprisingly, considering the turmoil in the sector, the only asset to even come close to Big Tech\'s returns is Bitcoin, which saw a gain of 73% compared with a 20% loss in H2 2022.\nThe eurozone is to releasepreliminary inflation datafor June on Friday. And while the headline rate of inflation is expected to moderate,underlying inflationis expected to tick higher, underlining the challenge facing the ECB.\nECB President Christine Lagarde struck a more hawkish tone than expected following the bank\'s most recent policy meeting, reiterating that rates would need to be increased again in order to bring inflation down to the ECB\'s 2% target and that they "will be kept at those levels for as long as necessary."\nTraders are now betting on a July hike by the ECB and expect another move by October that would bring rates to 4%.\nInvestors will get a chance to hear from Lagarde, along with Fed Chair Jerome Powell and other global central bank heads, at a panel discussion at the ECB’s annual forum in Sintra, Portugal on Wednesday. Inflation is likely to be front and center during that exchange.\nChina is to releasepurchasing manager indexesfor June on Friday, with the data expected to add to the narrative that the recovery in the world’s second-largest economy is losing momentum.\nChina cut its key lending benchmarks last week as authorities attempted to shore up growth, but concerns about the property market meant the easing was not as large as expected.\nBad news could be taken as a positive, if traders see it as a way of pushing authorities to offer more support to the economy - as long as it eventually arrives.\nBut if hopes are running high, patience is wearing thin: Several global investment banks cut their 2023 gross domestic product growth forecasts for China after May economic data missed forecasts.\nInvestors will be keeping an eye on developments in Russia amid concerns over the potential impact on safe-haven assets such as U.S. Treasuries, and on commodities prices, after an attempted insurrection on Saturday.\nRussian mercenariesled by Yevgeny Prigozhin, a former ally of Putin and founder of the Wagner army, advanced most of the way to Moscow after capturing the city of Rostov before they abruptly halted their approach.\n"It certainly remains to be seen what happens in the next day or two, but if there remains uncertainty about leadership in Russia, investors may flock to safe havens," Gennadiy Goldberg, head of U.S. rates strategy at TD Securities in New York, told Reuters.\nGoldberg said that despite the deescalation, "investors may remain nervous about subsequent instability, and could remain cautious."\nOther analysts saw little reaction as the situation seemed defused. Rich Steinberg, chief market strategist at the Colony Group in Boca Raton, Florida, told Reuters that "markets will kind of treat this as another geopolitical risk" and "some frayed nerves were calmed in the short run" by the deescalation.\n--Reuters contributed to this report\nRelated Articles\nTop 5 things to watch in markets in the week ahead\nThai rates still low, tightening to be gradual, says central bank official\nBIS warns world economy at critical juncture in inflation fight', 'Investing.com -- Inflation data from the U.S. and the eurozone will help shape expectations for interest rates while central bankers gather in Portugal for the European Central Bank’s annual forum. Economic data out of China will also be in the spotlight as the recovery in the world’s number two economy falters, and events in Russia will also be closely watched after an attempted insurrection challenged President Vladimir Putin\'s grip on power. 1. U.S. data Investors will get a fresh update on the possible future path of interest rates on Friday with the release of May data on the personal consumption expenditures price index, the Federal Reserve’s preferred inflation gauge. In the 12 months through April, the PCE price index as well as the core rate were still running well above the Fed’s 2% target. The inflation numbers will feed into investor expectations around the central bank\'s next rate decision in July after it paused rate hikes at its June meeting but signaled that more hikes lie ahead. Prior to that, the latest consumer confidence report is due out Tuesday after the index hit a six-month low in May. June\'s index is expected to tick higher. The Case-Shiller national home price index is also due for release on Tuesday. The index climbed 0.4% in March after adjusting for seasonal fluctuations. 2. First half drawing to a close The second quarter of what has been a turbulent year so far for markets is ending. The year started with a burst of optimism over China\'s post-COVID recovery, greater resilience in the global economy; and relief that inflation could have peaked. Since then, a U.S. banking crisis, the collapse of Credit Suisse, and the struggle to rein in inflation has made the last six months feel like a long time in markets. The hype around artificial intelligence (AI) has made Big Tech the best-performing asset of 2023, with a gain of 75%. But it\'s been difficult year for the rest of the market, other than in specific pockets such as Japanese equities and European luxury stocks. Story continues Surprisingly, considering the turmoil in the sector, the only asset to even come close to Big Tech\'s returns is Bitcoin, which saw a gain of 73% compared with a 20% loss in H2 2022. 3. Eurozone inflation The eurozone is to release preliminary inflation data for June on Friday. And while the headline rate of inflation is expected to moderate, underlying inflation is expected to tick higher, underlining the challenge facing the ECB. ECB President Christine Lagarde struck a more hawkish tone than expected following the bank\'s most recent policy meeting, reiterating that rates would need to be increased again in order to bring inflation down to the ECB\'s 2% target and that they "will be kept at those levels for as long as necessary." Traders are now betting on a July hike by the ECB and expect another move by October that would bring rates to 4%. Investors will get a chance to hear from Lagarde, along with Fed Chair Jerome Powell and other global central bank heads, at a panel discussion at the ECB’s annual forum in Sintra, Portugal on Wednesday. Inflation is likely to be front and center during that exchange. 4. China PMIs China is to release purchasing manager indexes for June on Friday, with the data expected to add to the narrative that the recovery in the world’s second-largest economy is losing momentum. China cut its key lending benchmarks last week as authorities attempted to shore up growth, but concerns about the property market meant the easing was not as large as expected. Bad news could be taken as a positive, if traders see it as a way of pushing authorities to offer more support to the economy - as long as it eventually arrives. But if hopes are running high, patience is wearing thin: Several global investment banks cut their 2023 gross domestic product growth forecasts for China after May economic data missed forecasts. 5. Russia turmoil Investors will be keeping an eye on developments in Russia amid concerns over the potential impact on safe-haven assets such as U.S. Treasuries, and on commodities prices, after an attempted insurrection on Saturday. Russian mercenaries led by Yevgeny Prigozhin, a former ally of Putin and founder of the Wagner army, advanced most of the way to Moscow after capturing the city of Rostov before they abruptly halted their approach. "It certainly remains to be seen what happens in the next day or two, but if there remains uncertainty about leadership in Russia, investors may flock to safe havens," Gennadiy Goldberg, head of U.S. rates strategy at TD Securities in New York, told Reuters. Goldberg said that despite the deescalation, "investors may remain nervous about subsequent instability, and could remain cautious." Other analysts saw little react **Last 60 Days of Bitcoin's Closing Prices:** [28422.70, 29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-25 **Financial & Commodity Data:** - Gold Closing Price: $1919.10 - Crude Oil Closing Price: $69.16 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $593,359,535,381 - Hash Rate: 398160232.4659646 - Transaction Count: 382769.0 - Unique Addresses: 656558.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.64 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin prices rose on Monday morning in Asia to above US$27,000 amid higher transaction fees due to congestion on the network. Ether managed to rise above the US$1,800 support level while its blockchain developers say they have added updates to fix what caused last week’s performance issues. Litecoin led the gainers amongst other top 10 non-stable coin cryptocurrencies. U.S. equity futures edged down on Friday as U.S. investors fear a possible debt default. See related article:Weekly Market Wrap: Bitcoin dips to US$26,166 as memecoins flood the blockchain Bitcoin gained 1.15% to US$27,010 in the 24 hours to 9:30 a.m. in Hong Kong, according to CoinMarketCap data. It posted a weekly loss of 5.18%. Over the weekend, the world’s largest cryptocurrency recorded a 2-month low, falling to US$25,964 on Saturday. The token has been experiencing network congestion with the popularity of Bitcoin Ordinals and new BRC-20memecoinsPepe and Floki, driving up transaction costs. Ether edged up 0.69% to US$1,809, maintaining the key US$1,800 support level, but down  3.54% over the past seven days. The Ethereum blockchain experiencedtechnical issuestwice on May 11 and 12 that caused the network to halt finalizing blocks, concerning users of the blockchain’s performance stability. On Saturday, Ethereum blockchain consultant Superphizsaidon Twitter that the issue — which “appears to have been caused by a high load on some Consensus Layers clients, which in turn was caused by an exceptional scenario“ — had been resolved. Ethereum developers deployed updates in response to the tech problem, Superphiz confirmed. All other top 10 non-stablecoin cryptocurrencies traded higher on Monday morning. Litecoin led the gains, adding 3.97% to US$83.50. The Bitcoin-like cryptocurrency faced asurgein interest due to the higher transaction fees affecting the world’s most dominant digital currency. Litecoin is also having its quadrennial block halving event on Aug. 3. Halving refers to a pre-programmed reduction of the rate at which new tokens are created, which reduces supply and can drive prices higher. The total crypto market capitalization rose 0.43% in the past 24 hours to US$1.13 trillion. The total trading volume dropped 3.02% to US$22.07 billion. The indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella. In the non-fungible token (NFT) market, the Forkast 500 NFT index added 0.97% to 3,342.85 points in the 24 hours to 12:30 p.m. in Hong Kong, but is down 5.10% for the week. NFT sales on the Ethereum blockchain fell 15.52% in the past 24 hours to US$12.74 million, according toCryptoslamdata. However, NFT buyers on the Ethereum blockchain totaled 53,417 in the past seven days — a 188.55% increase from the previous week. With the continuing rise in popularity of Bitcoin Ordinals — a type of NFT that are inscribed on individual satoshis, the smallest unit of Bitcoin — Bitcoin placed second on Cryptoslam’s blockchain ranking by NFT sales volume. That was an 80% rise taking the total to US$2.11 million. “NFTs on the OG blockchain were red hot,” said Yehudah Petscher, an NFT strategist at Forkast Labs. As a result, he added, “the Bitcoin ecosystem seems to be in ‘up only’ mode right now, and when that will end, nobody knows.” Ordinals also had the highest sales in the past seven days among NFT collections, jumping 459.16% to US$15.5 million. Binance NFT marketplaceannouncedon May 9 that it plans to support the Bitcoin-based NFTs later this month. U.S. stock futures traded flat to lower as of 11:00 a.m. in Hong Kong. The Dow Jones Industrial Average futures edged down 0.039%. The S&P 500 futures fell 0.042%, while the Nasdaq Composite futures lost 0.078%. The three U.S. indexes fell in regular trading on Friday as concerns remain about liquidity at regional banks and delays in talks to raise the debt ceiling. Treasury Secretary Janet Yellensaidearlier in May that the Treasury will start to fail to meet U.S. payment obligations as early as June 1. Faster action is needed by Congress to avoid that scenario, she said.. But with an agreement yet to be reached, concern that the crisis could lead to a debt default is affecting general investor sentiment. During last week’s Group of Seven finance ministers meeting in Japan, Yellen said that a U.S. default would spark an “economic and financial catastrophe” that will trigger a “global economic downturn.” Yellen plans to update Congress on just how close the country is to defaulting on its financial obligations in the next two weeks,Bloombergreported Saturday. Meanwhile, President Joe Biden and congressional leaders are scheduled to gather this week to discuss the forthcoming “X date,” or when the government may go into default. On June 14, the Federal Reserve will decide its next move on interest rates. The rate of between 5 and 5.25% is the highest since 2006. TheCME FedWatchTool predicts a 84.5% chance the Fed will keep rates unchanged in June. However, it also predicts a 15.5% chance for another 25 basis-point rate hike, up from 3.9% on Friday.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77, 31156.44, 30777.58, 30514.17
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['In an enlightening interview hosted by Justin Roberti and myself, J Rod Safdiye , at the Benzinga Crypto Unlocked virtual event, we dove deep into the future of W eb3 gaming with Jihoz , the co-founder of Axie Infinity (CRYPTO: AXS ) and Sky Mavis . The conversation spanned an array of topics,\xa0from the merits of gaming as an introduction to Web3, the fluctuations of Web3 gaming economies, to the potential of dynamic NFTs. Jihoz shared a wealth of knowledge about the rapidly evolving landscape of Web3 gaming and NFTs. Gaming as the Gateway to Web3 Jihoz believes games are the best vehicle for onboarding people to Web3. He explained, "Our thesis is that games are the best way to onboard people to Web3 because it combines something that 2\xa0billion people on this planet are familiar with." His comments during the Benzinga event underscored the importance of gaming as an entry point into the burgeoning Web3 space. See Also: Analyst Says Bitcoin Is Facing This Massive Headwind As It Hovers Above $30,000 The Ebb and Flow of Play-to-Earn Web3 Gaming Economies When queried about how the\xa0"play to earn" narrative matured during this bear market, Jihoz responded by saying, "Play to earn was a very good catchphrase and that it very simplified one of the new benefits of a Web3 gaming economy." "What I believe is that the profits and the economic opportunities in these digital economies will ebb and flow, just like Bitcoin mining profitability ebbs and flows," he articulated. His analogy between the crypto mining industry and Web3 gaming illustrated\xa0the parallel economic forces at play, further emphasizing the potential and risks, and benefits of play-to-earn games in the web3 realm. Extending the Axie Universe: A Look at Axie Infinity Homeland Shedding\xa0light on the expansion of the Axie brand, Axie\xa0now includes Axie Infinity Homeland, an immersive city-building experience set within the Axie universe. "Axie Infinity Homeland is absolutely beautiful. It\'s gorgeous, and it\'s in Alpha right now," Jihoz revealed to the Benzinga audience. Story continues See Also: JPMorgan Says Sustainable Energy Will Be A Game-Changer In Bitcoin Mining Ronin: The Future of Web3 Gaming Infrastructure On expanding the horizons of Ronin (CRYPTO:RON) , the infrastructure behind Axie Infinity, Jihoz shared that they had just announced five games from outside the Axie universe powered by Ronin. "The best Web3 gaming infrastructure will be built by the team that\'s actually built Web3 games and has successfully scaled them," he stated confidently. Speaking about the evolution of Ronin, Jihoz illustrated how their homegrown infrastructure is attracting game developers beyond Axie Infinity. "We just announced five games from outside of the Axie universe that are actually going to be built and powered by Ronin," he mentioned, signaling the increasing versatility of the platform. The North Korean Breach: Recoveries and User Restoration Reflecting on last year\'s breach by North Korean actors, Jihoz opened up about the steps taken to restore user confidence and compensate for losses. Jihoz proudly stated that all users had been fully reimbursed for their losses.\xa0"We were able to weather it, everyone was paid back fully," he assured, highlighting the importance of security in the rapidly evolving Web3 space. "One thing that\'s been really exciting is that actually, you know, up to $30 to $40 million of those funds have been recovered by different law enforcement agencies," he explained. The Future of Gaming and NFTs: Dynamic NFTs Looking ahead, Jihoz hopes to see more innovations and new mechanics that aren\'t possible in traditional gaming. "I think the question to ask is what is the major breakthrough in Web3 gaming that someone is working on right now," he pondered, suggesting the idea of dynamic NFTs, where an NFT can be altered or upgraded by player\'s efforts, as one possible future breakthrough. Looking to the future, Jihoz believes dynamic NFTs represent a significant breakthrough. "I think one idea is the idea of a dynamic NFT where you can put your time, your effort, your skill into earning, crafting materials, experience points," he shared. These dynamic elements, Jihoz suggested, could cultivate a more sustainable consumptive economy in the gaming industry. Without a doubt, Jihoz is an authority when it comes to developing projects in a Web3 environment. He has succeeded in cultivating a principled and\xa0united community, reflecting his own character. The fact that he compensated all the affected users speaks volumes about the quality of leadership found in him. Certainly, the entire crypto community will continue to benefit from the developments that Axie Infinity, Sky Mavis\xa0and Ronin have to present to us in the near future. Join Benzinga\'s Future of Crypto in NYC on Nov. 14, 2023 to stay updated on trends like AI, regulations, SEC actions & institutional adoption in the crypto space. Secure early bird discounted tickets now ! Don\'t miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better . This article EXCLUSIVE: Axie Infinity\'s Co-Founder Discusses GameFi Success and Future Plans at Crypto Unlocked originally appeared on Benzinga.com . © 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'In an enlightening interview hosted byJustin Robertiand myself,J Rod Safdiye, at theBenzinga Crypto Unlockedvirtual event, we dove deep into the future ofWeb3gaming withJihoz, the co-founder ofAxie Infinity (CRYPTO:AXS)andSky Mavis. The conversation spanned an array of topics,\xa0from the merits of gaming as an introduction to Web3, the fluctuations of Web3 gaming economies, to the potential of dynamic NFTs. Jihoz shared a wealth of knowledge about the rapidly evolving landscape of Web3 gaming and NFTs.\nJihoz believes games are the best vehicle for onboarding people to Web3. He explained, "Our thesis is that games are the best way to onboard people to Web3 because it combines something that 2\xa0billion people on this planet are familiar with." His comments during the Benzinga event underscored the importance of gaming as an entry point into the burgeoning Web3 space.\nSee Also:Analyst Says Bitcoin Is Facing This Massive Headwind As It Hovers Above $30,000\nWhen queried about how the\xa0"play to earn" narrative matured during this bear market, Jihoz responded by saying, "Play to earn was a very good catchphrase and that it very simplified one of the new benefits of a Web3 gaming economy.""What I believe is that the profits and the economic opportunities in these digital economies will ebb and flow, just like Bitcoin mining profitability ebbs and flows," he articulated. His analogy between the crypto mining industry and Web3 gaming illustrated\xa0the parallel economic forces at play, further emphasizing the potential and risks, and benefits of play-to-earn games in the web3 realm.\nShedding\xa0light on the expansion of the Axie brand, Axie\xa0now includes Axie Infinity Homeland, an immersive city-building experience set within the Axie universe. "Axie Infinity Homeland is absolutely beautiful. It\'s gorgeous, and it\'s in Alpha right now," Jihoz revealed to the Benzinga audience.\nSee Also:JPMorgan Says Sustainable Energy Will Be A Game-Changer In Bitcoin Mining\nOn expanding the horizons ofRonin (CRYPTO:RON), the infrastructure behind Axie Infinity, Jihoz shared that they had just announced five games from outside the Axie universe powered by Ronin. "The best Web3 gaming infrastructure will be built by the team that\'s actually built Web3 games and has successfully scaled them," he stated confidently.\nSpeaking about the evolution of Ronin, Jihoz illustrated how their homegrown infrastructure is attracting game developers beyond Axie Infinity. "We just announced five games from outside of the Axie universe that are actually going to be built and powered by Ronin," he mentioned, signaling the increasing versatility of the platform.\nReflecting on last year\'s breach by North Korean actors, Jihoz opened up about the steps taken to restore user confidence and compensate for losses. Jihoz proudly stated that all users had been fully reimbursed for their losses.\xa0"We were able to weather it, everyone was paid back fully," he assured, highlighting the importance of security in the rapidly evolving Web3 space.\n"One thing that\'s been really exciting is that actually, you know, up to $30 to $40 million of those funds have been recovered by different law enforcement agencies," he explained.\nLooking ahead, Jihoz hopes to see more innovations and new mechanics that aren\'t possible in traditional gaming. "I think the question to ask is what is the major breakthrough in Web3 gaming that someone is working on right now," he pondered, suggesting the idea of dynamic NFTs, where an NFT can be altered or upgraded by player\'s efforts, as one possible future breakthrough.\nLooking to the future, Jihoz believes dynamic NFTs represent a significant breakthrough. "I think one idea is the idea of a dynamic NFT where you can put your time, your effort, your skill into earning, crafting materials, experience points," he shared. These dynamic elements, Jihoz suggested, could cultivate a more sustainable consumptive economy in the gaming industry.\nWithout a doubt, Jihoz is an authority when it comes to developing projects in a Web3 environment. He has succeeded in cultivating a principled and\xa0united community, reflecting his own character. The fact that he compensated all the affected users speaks volumes about the quality of leadership found in him. Certainly, the entire crypto community will continue to benefit from the developments that Axie Infinity, Sky Mavis\xa0and Ronin have to present to us in the near future.\nJoin Benzinga\'s Future of Crypto in NYC on Nov. 14, 2023 to stay updated on trends like AI, regulations, SEC acti **Last 60 Days of Bitcoin's Closing Prices:** [29473.79, 29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-26 **Financial & Commodity Data:** - Gold Closing Price: $1923.70 - Crude Oil Closing Price: $69.37 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $587,695,160,275 - Hash Rate: 379943751.2420316 - Transaction Count: 403979.0 - Unique Addresses: 692095.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.55 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A spike in transactions on the Bitcoin blockchain involving Ethereum-style tokens and non-fungible token (NFT)-like “inscriptions” has driven up congestion on the network, pushing the average fee rate to the highest in nearly two years while showering miners of the cryptocurrency with extra revenue. On Wednesday, the average fee per Bitcoin transaction rose to $7.25, the highest since July 2021. For comparison, the rate so far this year had fluctuated between roughly 50 cents and $4,data from BitInfoChartsshows. With transaction activity also surging, total fees on Bitcoin have also jumped. Per blockchain analytics firm Glassnode, Bitcoin’s total transaction fees, which are paid by users to miners, jumped to around 124 BTC or roughly $3.5 million, on May 3, representing a 484% increase in the past 14 days. “This current fee spree is an anomaly,” wrote Colin Harper, head of content at Luxor Technologies, a full-stack Bitcoin mining pool. In recent days, a token type calledBRC-20(a play on Ethereum’s ERC-20 token standard), which facilitates the issue and transfer of fungible tokens on the Bitcoin blockchain, has accounted for about 6% of all Bitcoin activity since its inception in early March, according to pseudonymous analyst and yield farmer Dynamo DeFi. This year has also seen the rise ofOrdinalsinscriptions, which are similar to NFTs and could be images or text strings inscribed into Bitcoin-based transactions. Both activities require transaction fees. “Inscriptions are the primary driver here,” said Harper. “Biggest difference now between this jump in transaction fees and past ones with inscriptions is that BRC-20 standard is a new way to inscribe.Adoption of this standardis driving fees up.” “The increase in transaction volume of that token standard has driven up demand for Bitcoin blockspace,” said Jimmy Zhang, who works in the business operations and strategy department at blockchain data firm Artemis. Kydo, vice president of Stanford Blockchain Club, told CoinDesk via direct messages on Telegram that "Blockspace is the core commodity on any blockchain. People have found a new use case and the usage skyrocketed. BTC is more than money now." Kydo said they onlyusethe one name publicly because of privacy concerns. Miners who secure and maintain the Bitcoin network are beneficiaries of the recent increase in BTC transaction fees because they are rewarded in BTC fees for processing users’ transactions. Harper predicts the increased transaction fees currently occurring in the ecosystem are “a temporary phenomenon, though, and that transaction fees will revert back to a manageable mean soon.” Kydo said they think the current phenomenon will last a while, "given how much people like NFTs." The price of BTC has increased 1.2% in the past 24 hours to $28,884, at press time. Theaverage transaction feeon Bitcoin is $7.25. According to data websitecryptofees.info, Bitcoin’s seven-day average fee stands at roughly $2 million, second only behind Ethereum’s $12.5 million. BNB Smart Chain is next with about $575,000.... - Reddit Posts (Sample): [['u/PrimaxAUS', 'Looks like someone is targetting us with a new scam', 20, '2023-06-26 01:58', 'https://www.reddit.com/r/mtgoxinsolvency/comments/14j1gxm/looks_like_someone_is_targetting_us_with_a_new/', 'Anyone get this message?\n\n>Brace up mate ,it really sucks how these scumbags are ruining our daily experience if you have any evidence at all to prove this go message @decipherbyace on instagram I got affected by MTgox exchange wallet hack attack but I was able to recover my BTC at least when I reached out to a blockchain developer expert on instagram @ decipherbyace i suggest you reach out to him, He will help you.\n\nWas from a 6 month old account, no karma. Username kelly-clarkson', 'https://www.reddit.com/r/mtgoxinsolvency/comments/14j1gxm/looks_like_someone_is_targetting_us_with_a_new/', '14j1gxm', [['u/ValdemarrPlanB', 14, '2023-06-26 03:08', 'https://www.reddit.com/r/mtgoxinsolvency/comments/14j1gxm/looks_like_someone_is_targetting_us_with_a_new/jpj9iy6/', 'I got the same from a u/Kelly-Carlson, really transparent scam. Please no one fall for this.', '14j1gxm']]], ['u/SilverHaloWave', "What crypto enthusiasts haven't figured out yet is that their Bitcoins and shitcoins are not destined to be priced in dollars, Yuan, Yen or Euros for much longer. BRICS will cause the core values of everything to be linked to commodity monies.", 47, '2023-06-26 04:52', 'https://www.reddit.com/r/SilverDegenClub/comments/14j5626/what_crypto_enthusiasts_havent_figured_out_yet_is/', "Whether the narrative core commodity money becomes oil, gold or orange juice the dominant play will be in the commodity with the highest inelastic demand and lowest supply. I'll give you 3 guesses which commodity that is. If you can't correctly guess what that is then I have some neck lubricant to sell you so you can ease your head out of where it is currently lodged.", 'https://www.reddit.com/r/SilverDegenClub/comments/14j5626/what_crypto_enthusiasts_havent_figured_out_yet_is/', '14j5626', [['u/EndTheFed41', 17, '2023-06-26 05:05', 'https://www.reddit.com/r/SilverDegenClub/comments/14j5626/what_crypto_enthusiasts_havent_figured_out_yet_is/jpjn4ja/', 'I got shit on the other day in r/gold for saying that the soon to be new BRICS currency should be of concern for the dollar. Of all the places to get flak for that opinion - 🤦🏻\u200d♂️\n\nUnfortunately, I think a lot of people are in for a surprise coming down the road. It won’t be a fast and overnight change, but if it’s not registering on your radar, best of luck. It’s part of the reason I’m here.', '14j5626']]], ['u/AutoModerator', '[Daily Discussion] - Monday, June 26, 2023', 32, '2023-06-26 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡**Tip Fellow Redditors over the Lightning Network**⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\n**Other ways to interact:**\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/', '14j6j57', [['u/jonathan2827', 17, '2023-06-26 07:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpjydgw/', 'My dog just bought BTC', '14j6j57'], ['u/ubermensch012', 12, '2023-06-26 08:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpk76ix/', "Daily about to go parabolic. Weekly closed above our April high (current weekly bounced on top of it too). \n\ntook my profit from previous trade 2 weeks ago and longed the 4-hr 21ema as posted earlier\n\nhttps://www.reddit.com/r/BitcoinMarkets/comments/1485w96/daily_discussion_tuesday_june_13_2023/jnzayom/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=1&utm_term=1&context=3\n\nhttps://www.reddit.com/r/BitcoinMarkets/comments/14ic87j/daily_discussion_sunday_june_25_2023/jpiet0p/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=1&utm_term=1&context=3\n\nOnly thing that can make me flip bias is if we're to close a daily below $30k. \n\nMost alts already capitulated, so I'm extremely bullish on my shitcoins. BTC conquering $30k+ will drive some action into the market again (risk-on and dumb money fomo)", '14j6j57'], ['u/BatteredLittleFish', 20, '2023-06-26 09:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpk95wk/', 'Buying pressure is relentless, the last dip below 30k was scooped up in a matter of seconds, 30k is starting to look like the new 20k.', '14j6j57'], ['u/Yodel_And_Hodl_Mode', 15, '2023-06-26 10:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpkfb1o/', "> Daily about to go **parabolic**.\n\nI'm not seeing that. Not without a major event to serve as a catalyst.\n\nI'm not bearish at all though. I'm long term bullish, short to medium term Baltimore-ish (crab is on the menu). I won't be surprised if we see a move in either direction... but parabolic? No.", '14j6j57'], ['u/DarthVarn', 10, '2023-06-26 10:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpkfyi3/', 'Tax free event. Good boy. 🐶', '14j6j57'], ['u/ChadRun04', 22, '2023-06-26 11:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpkhxy3/', "No one is saying you're stupid. Personally I'm simply finding all this emotion from you to be strange.\n\nI have tuned into your time-frame now and understand better that you're scalping in the range when talking about downtrends etc. \n\nSeems you're making decisions mostly based on sentiment?", '14j6j57'], ['u/adepti', 15, '2023-06-26 12:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpkonuw/', 'I can’t help but to think if you cut off leverage trading and long short scalps all together your accounts will fare much better, your cortisol and dopamine levels might normalize again and in a few months you’ll be far more profitable with much less work just by sitting on spot longs', '14j6j57'], ['u/noeeel', 14, '2023-06-26 13:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpkpt6z/', 'If we stay below 31.5k for the next 3-4 weeks we will have the tightest weekly bbands since at least 2018. That means a lot of pressure emerged in the market.', '14j6j57'], ['u/Gravy_Vampire', 10, '2023-06-26 14:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpkv40p/', '> I’m a degen leverage trader, had trades open for less than a minute before but I’m starting to mellow as I gain experience and get older.\n\n>To me trading isn’t about how good you do the good things, it’s how much you limit yourself doing the bad things.\n\nOh wow, is the writers strike over? 😁', '14j6j57'], ['u/BootyPoppinPanda', 16, '2023-06-26 14:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpkwz4r/', "Just crabbing in the 25-32k range is my base case. I think it's more likely to break out of that upwards, but each time we get rejected, it's not the best look. I wouldn't count this as rejected either, just tapping on the door right now", '14j6j57'], ['u/AccidentalArbitrage', 18, '2023-06-26 14:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpkztmx/', "Agree with Chad on this one.\n\nFor an outside perspective, lately you seem to repeatedly try to taunt and flex on longs in here daily after the recent move up. It's puzzling. A lot of traders in here trade the daily, weekly, or longer tf charts while you're zoomed in to the 1min chart playing on leverage and you've admitted to booking losses recently. Both you in the short term, and them in the long term, can be right, so why all the back and forth?\n\nI understand your trading position, and could even be persuaded to agree with it in the (very) short term, but I don't understand the overconfident exuberance and I think that's where the downvotes are coming from. Is it a coping mechanism?\n\nEither way, good luck mate.", '14j6j57'], ['u/ImpudicusFungus', 11, '2023-06-26 18:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jplt8mw/', 'I think you forget that he is preaching $10k BTC which is not going to happen IMO', '14j6j57'], ['u/escendoergoexisto', 10, '2023-06-26 19:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jplzcad/', 'Out of boredom and belief in the Corn, I’ve been buying spot for my hodl stack on this dip…no big buys but several small ones.\n\nEdit—mostly using a Volume Weighted Average Price indicator to determine buy targets.', '14j6j57'], ['u/delgrey', 10, '2023-06-26 19:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpm1ka5/', 'So we doin 25k again?', '14j6j57'], ['u/comicland', 11, '2023-06-26 21:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpmnl02/', "On the road. What's going on with volume?", '14j6j57'], ['u/imissusenet', 11, '2023-06-26 22:08', 'https://www.reddit.com/r/BitcoinMar... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77, 31156.44, 30777.58, 30514.17, 29909.34
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Solana, Polygon, Cardano, and other tokens being dragged into the court battles by the Security and Exchange Commission (SEC) have lost 15%, or $5 billion, off their collective market capitalizations, according to a Decrypt analysis of CoinGecko data. On June 5 and June 6, the SEC filed lawsuits against Binance and Coinbase \x97two of the largest crypto exchanges in the industry. Among the charges leveled at the two exchanges were allegations they were selling unregistered securities . The industry wasted no time calling the declarations \x93 pretty unfair ,\x94 But that hasn't stopped the tokens from taking some collateral damage. SEC Claims Solana, Polygon, Cardano Are Securities in Binance Lawsuit According to the SEC\x92s lawsuits against Binance and Coinbase, a handful of cryptocurrencies were named, including: Solana (SOL), Cardano (ADA), Polygon (MATIC), Filecoin (FIL), Cosmos Hub (ATOM), The Sandbox (SAND), Decentraland (MANA), Algorand (ALGO), Axie Infinity (AXS), and COTI (COTI). On June 12, a week after the SEC lawsuits were filed, Messari Crypto published its Ecosystem Brief: Rollup Specialization report. Messari's emerging markets category, which includes many of the projects labeled securities by the SEC, showed a 25% drop since the lawsuits were filed. But a handful have already started to make a recovery. Filecoin and Algorand are both within 2% of the market capitalizations they had when the lawsuits were filed. The Cosmos ATOM token has a 5% gap to close. The rest haven't been as lucky. Binance has been suffering an especially harsh regulatory clampdown around the world, with authorities closing in on the platform in several countries. That's likely why its exchange utility token, BNB, has seen its market capitalization drop 21% in value, going from $47 billion to $37 billion since the SEC lawsuit was filed. Charles Hoskinson\x92s Cardano also saw its market capitalization plummet. The 8th largest asset on Coingecko is currently trading at $0.29, with a market cap of $10 billion\x97down 17% from when the SEC lawsuits were filed. Story continues Picking and Choosing Tokens to Prosecute Is 'Pretty Unfair,' Says Former SEC Cyber Chief Polygon has struggled the most to recover from the blow dealt by the SEC. Today it holds roughly $6 billion in market value, down 20% from the $8 billion market cap it had at the start of th emoney. The token, according to Coingecko , trades at $0.66 today. Some assets marked by Messari as emerging tokens were not included in the SEC\x92s lawsuit, but still suffered losses. Avalanche ( AVAX ), albeit one of the biggest winners in last week\x92s bullish rally, has seen its market cap drop roughly 6% since the lawsuits were filed and is currently sitting at $4.6 billion. Optimism ( OP ), on the other hand, shed 17.5% of its total market cap over the same period and was sitting at $855 million as of writing. Keep in mind, however, that despite these important drops in token prices, the crypto market has been on a bullish rally over the past week. The BlackRock Rally , so-named due to the traditional finance titan\x92s filing for a spot Bitcoin ETF last week, pushed Bitcoin, the number one cryptocurrency, over $31,000 for the first time in months, raising the tide for the majority of tokens.", "Solana, Polygon, Cardano, and other tokens being dragged into the court battles by the Security and Exchange Commission (SEC) have lost 15%, or $5 billion, off their collective market capitalizations, according to aDecryptanalysis of CoinGecko data.\nOn June 5 and June 6, the SEC filed lawsuits againstBinanceandCoinbase—two of the largest crypto exchanges in the industry. Among the charges leveled at the two exchanges were allegations they were sellingunregistered securities. The industry wasted no time calling the declarations “pretty unfair,” But that hasn't stopped the tokens from taking some collateral damage.\nSEC Claims Solana, Polygon, Cardano Are Securities in Binance Lawsuit\nAccording to the SEC’s lawsuits against Binance and Coinbase, a handful of cryptocurrencies were named, including:Solana(SOL),Cardano(ADA),Polygon(MATIC),Filecoin(FIL),Cosmos Hub(ATOM),The Sandbox(SAND),Decentraland(MANA),Algorand(ALGO),Axie Infinity(AXS), andCOTI(COTI).\nOn June 12, a week after the SEC lawsuits were filed,Messari Cryptopublished itsEcosystem Brief: Rollup Specializationreport. Messari's emerging markets category, which includes many of the projects labeled securities by the SEC, showed a 25% drop since the lawsuits were filed. But a handful have already started to make a recovery.\nFilecoin and Algorand are both within 2% of the market capitalizations they had when the lawsuits were filed. The Cosmos ATOM token has a 5% gap to close. The rest haven't been as lucky.\nBinance has been suffering an especially harsh regulatory clampdown around the world, with authorities closing in on the platform in several countries. That's likely why its exchange utility token, BNB, has seen its market capitalizationdrop21% in value, going from $47 billion to $37 billion since the SEC lawsuit was filed.\nCharles Hoskinson’sCardano also saw its market capitalization plummet. The8th largestasset on Coingecko is currently trading at $0.29, with a market cap of $10 billion—down 17% from when the SEC lawsuits were filed.\nPicking and Choosing Tokens to Prosecute Is 'Pretty Unfair,' Says Former SEC Cyber Chief\nPolygon has struggled the most to recover from the blow dealt by the SEC. Today it holds roughly $6 billion in market value, down 20% from the $8 billion market cap it had at the start of th emoney. The token, according toCoingecko, trades at $0.66 today.\nSome assets marked by Messari as emerging tokens were not included in the SEC’s lawsuit, but still suffered losses.\nAvalanche (AVAX), albeit one of the biggest winners in last week’s bullish rally, has seen its market capdroproughly 6% since the lawsuits were filed and is currently sitting at $4.6 billion. Optimism (OP), on the other hand, shed 17.5% of its total market cap over the same period and was sitting at $855 million as of writing.\nKeep in mind, however, that despite these important drops in token prices, the crypto market has been on abullish rallyover the past week. TheBlackRock Rally, so-named due to the traditional finance titan’sfilingfor a spot Bitcoin ETF last week, pushed Bitcoin, the number one cryptocurrency,over$31,000 for the first time in months, raising the tide for the majority of tokens.", 'Damus–a decentralized social media app based on the underlying Nostr protocol–will officially be removed from Apple’s App Store after failure to come into compliance with its Bitcoin tipping service.\n“Looks like we are getting removed from the appstore even after updating our app to make it clear that no digital content is getting unlocked when users are tipped,”saidDamus over Twitter on Monday. The company said it would file an appeal due to the motion against it being “misapplied.”\nDamus lets users tip their favourite content creators through “zaps”–BTC transfers over Bitcoin’s layer 2 Lightning Network. The app is built atop the Nostr protocol and its functionality is reminiscent ofTwitter’s tipping service, integrated in 2021, which included lightning as a tipping method while the company was still led by Bitcoin bull Jack Dorsey.\nTwitter Rolls Out Bitcoin Tipping Worldwide, Exploring Verified NFT Avatars\nDamus’s message from Apple claimed that optional tips and donations were permitted, but not if related to receiving digital content. “They must use in-app purchase in accordance with guideline 3.1.1,” it stated.\nThe denial was met with skepticism by Damus, Bitcoiners, and tech leaders across the board–including Jack Dorsey himself. “Tips aren’t unlocking content,” hesaidon Monday. Later,he added: "Removed from the App Store for enabling tipping to everyone in the world without the need for a bank, payment card, or government permission."\nEpic Games founder and CEO Tim Sweeney responded to the company’s announcementsaying“Apple must be stopped.”\nDorsey has previouslypraisedNostr as being one of the only two “truly censorship resistant technologies at scale” – the other being Bitcoin.\nWhen receiving two weeks notice to modify their tipping service earlier this month, Damus called Apple’s crackdown “pretty sus” given its timing. This was shortly before the company delivered a talk at the Oslo Freedom Forum about the importance of decentralized social networks based on lightning.\nDamus critics have claimed that Apple simply wants the company to “pay its 30%” for digital content sold on its platform. By contrast, Damusclaimsthere is no “30%” or “cut” involved, since the payment tech it provides is completely peer-to-peer.\n“If people can’t transact freely p2p on their platform, this has huge implications for the entire ecosystem of apps with lightning integration,” said Damus last week.', 'Damus\x96a decentralized social media app based on the underlying Nostr protocol\x96will officially be removed from Apple\x92s App Store after failure to come into compliance with its Bitcoin tipping service. \x93Looks like we are getting removed from the appstore even after updating our app to make it clear that no digital content is getting unlocked when users are tipped,\x94 said Damus over Twitter on Monday. The company said it would file an appeal due to the motion against it being \x93misapplied.\x94 Damus lets users tip their favourite content creators through \x93zaps\x94\x96BTC transfers over Bitcoin\x92s layer 2 Lightning Network. The app is built atop the Nostr protocol and its functionality is reminiscent of Twitter\x92s tipping service , integrated in 2021, which included lightning as a tipping method while the company was still led by Bitcoin bull Jack Dorsey. Twitter Rolls Out Bitcoin Tipping Worldwide, Exploring Verified NFT Avatars Damus\x92s message from Apple claimed that optional tips and donations were permitted, **Last 60 Days of Bitcoin's Closing Prices:** [29340.26, 29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-27 **Financial & Commodity Data:** - Gold Closing Price: $1914.00 - Crude Oil Closing Price: $67.70 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $588,824,802,300 - Hash Rate: 364329624.4786604 - Transaction Count: 434858.0 - Unique Addresses: 707936.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.59 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A Texas state bill that would have limited bitcoin miners' participation in cost-saving grid programs has not moved past a committee in the state House of Representatives, meaning its progress has been halted. Bill SB 1751passed through the state Senate unanimouslyin April. It would have limited bitcoin miners' participation in demand response programs – under which they get paid in credits to turn off their operations when the power grid sees a surge of demand – to 10% and abolish tax abatements for the industry. The news that the bill wouldn't pass the House wastweetedby Dennis Porter, an advocate that has been heavily involved in the bill's process. "This win ensures that energy innovation will continue to grow" in the U.S. and "highlights the power of the bitcoin community," Porter said in a statement to CoinDesk. The statement emphasized the importance of the campaign mounted against the bill by Porter's organization, the Satoshi Action Fund, as well as industry groups Digital Chamber of Commerce and Texas Blockchain Council. A House committee that would have recommended the bill to the full legislature never voted on it, the statement said. Texas is one of the biggest mining hubs in the world, thanks to favorable regulation and cheap energy. Read more:Bitcoin Miner Riot Sues Peer Rhodium Enterprises for Alleged $26M in Unpaid Fees UPDATE (May 30, 2023, 20:00 UTC):Updates Porter's title to "advocate," removes wording saying he was the first to tweet about the bill.... - Reddit Posts (Sample): [['u/Valenalgo', "Looks like the situation isn't very bad, we shouldn't panic", 26, '2023-06-27 00:00', 'https://www.reddit.com/r/HaruInvest/comments/14jupeu/looks_like_the_situation_isnt_very_bad_we/', "It's bad but it could be a lot worse.\n\nWhile there wasn't any hard fact or numbers in their last email, they assured us one important thing in that, they are retrieving all the assets from all their trading firms, and once its done they will distribute it to the customers, likely with a haircut. (Hopefully above 70-80%)\n\nMost other companies in similar situations did two different things:\n\n\\- Announced formal bankruptcy (Celsius, Voyager, BlockFi)\n\nThis is a very bad way imo, because they dollarize all the assets at the bankruptcy filing date, and customers will get a percentage of that.\n\nIt is bad because: When Celsius went bankrupt BTC price was around 18000, so a customer who had 1 BTC there will receive only around 50-70% of that 18000 $ after the case, the customer will lose not only the haircut but also any asset appreciation.\n\nIt takes a lot of time, Mtgox customers still waiting for their money after 10 years.\n\n\\- The other way is an early withdrawal option with a haircut.\n\nThis is what Inlock did too, after a few months they gave customers an option to choose the haircut and withdraw their crypto.\n\nLooks like from the email that Haru will go this way too.\n\nIs this good? Of course not. If I could choose I want back 100% of my assets.\n\nBut I would rather get back 70% of my crypto in a few months, than 70% of the dollar of the current crypto price 5 years later.", 'https://www.reddit.com/r/HaruInvest/comments/14jupeu/looks_like_the_situation_isnt_very_bad_we/', '14jupeu', [['u/mykeys71', 14, '2023-06-27 00:13', 'https://www.reddit.com/r/HaruInvest/comments/14jupeu/looks_like_the_situation_isnt_very_bad_we/jpnalw3/', 'Well said, this is the same way I’m interpreting it. I truly feel much better about things with this statement from Hugo “We have yet to find that any assets managed by the internal asset management team and other asset managing partners have incurred losses.”', '14jupeu'], ['u/Valenalgo', 11, '2023-06-27 01:29', 'https://www.reddit.com/r/HaruInvest/comments/14jupeu/looks_like_the_situation_isnt_very_bad_we/jpnkuey/', "Haru's operation looks more like a failure than a scam, compared to Celsius that obviously looks like a Ponzi.\n\nThere is always a possibility that they scammed us, then their emails are meaningless.\n\nBut Korea is very strict to crypto, if Haru built on fraud I doubt they will let the Haru team run free, unlike how the USA let Mashinsky free.", '14jupeu']]], ['u/wtfCraigwtf', 'Bitcoin Cash (BCH) up 120% in the past week, why?', 81, '2023-06-27 00:32', 'https://www.reddit.com/r/btc/comments/14jvj4z/bitcoin_cash_bch_up_120_in_the_past_week_why/', 'There are a variety of reasons why BCH is showing massive price appreciation:\n\n* EDX exchange launched with big liquidity from insider Wall Street hedge funds\n* EDX will only support BCH, LTC, ETH, and BTC\n* Short covering after YEARS of downward price manipulation\n* Promising developments in BCH ecosystem like CashTokens\n* Rumors that "Chinese miners are back"\n* BCH hashrate effectively tripled in the past week\n* Other forked coins are also pumping somewhat\n* Lightning acknowledged as a failure by many hardcore Maxies\n* BCH gaining recognition as the closest thing to Satoshi\'s whitepaper concept\n* Merchants accepting BCH continually growing\n* $500k re-purchase by the SmartBCH foundation\n\nWhat\'s remarkable about BCH\'s rise is that **Tether supply hasn\'t increased at all**. This means it\'s most likely organic price appreciation, rather than another rigged Tether pump-and-dump. There seems to be a large influx of new Reddit bot accounts, so perhaps a huge FUD campaign is being prepared? For the time being everything just seems to be getting downvoted to hell :(.', 'https://www.reddit.com/r/btc/comments/14jvj4z/bitcoin_cash_bch_up_120_in_the_past_week_why/', '14jvj4z', [['u/wtfCraigwtf', 25, '2023-06-27 00:34', 'https://www.reddit.com/r/btc/comments/14jvj4z/bitcoin_cash_bch_up_120_in_the_past_week_why/jpndesn/', 'BCH hashrate at 4Eh/s, price target currently around $350', '14jvj4z'], ['u/MobTwo', 29, '2023-06-27 00:54', 'https://www.reddit.com/r/btc/comments/14jvj4z/bitcoin_cash_bch_up_120_in_the_past_week_why/jpng51j/', "> There seems to be a large influx of new Reddit bot accounts, so perhaps a huge FUD campaign is being prepared?\n\nDon't worry. I am always here and very eager and very enthusiastic into taking down the bots and trolls.", '14jvj4z'], ['u/FearlessEggplant3036', 21, '2023-06-27 01:13', 'https://www.reddit.com/r/btc/comments/14jvj4z/bitcoin_cash_bch_up_120_in_the_past_week_why/jpnir9i/', 'More buyers than sellers.\n\nAlso likely shorters saw the "obvious" pattern that BCH would go further down, and now they are fked and trying to cover, while very few owners of BCH are interested in selling their coins cheaply. After seeing how fast Bitcoin-Core could go up, why settle for a few percent profit. BCH is equally scarce and has actual utility due to onchain scaling and cheap fees.', '14jvj4z'], ['u/iamthinksnow', 23, '2023-06-27 01:36', 'https://www.reddit.com/r/btc/comments/14jvj4z/bitcoin_cash_bch_up_120_in_the_past_week_why/jpnltjl/', 'Also likely that *some* exchanges sold customers BCH when deposited instead of storing it, and now realize they might need to get it back.\n\nOR\n\nExchanges never actually purchased BCH when customers gave them money to buy it, instead just incrementing a counter in their account and saying, "Yup, you\'re all set." It\'s a trick some stock brokerages pull, too.', '14jvj4z'], ['u/_____tomatillos_____', 11, '2023-06-27 03:38', 'https://www.reddit.com/r/btc/comments/14jvj4z/bitcoin_cash_bch_up_120_in_the_past_week_why/jpo1fmn/', "it's just been too undervalued for too long. The recent news was just a catalyst for re-evaluation.", '14jvj4z'], ['u/jimmycryptso', 12, '2023-06-27 08:38', 'https://www.reddit.com/r/btc/comments/14jvj4z/bitcoin_cash_bch_up_120_in_the_past_week_why/jpow8zh/', 'Hash rate follows the price, not the other way around.', '14jvj4z']]], ['u/Top_Classroom_8247', 'My cold wallet and seed phase was stolen', 32, '2023-06-27 02:15', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/', "Left my wallet and seed at my parents house In what I thought was a safe place. They had a family/friend get together the other week and both are now gone. I stupidly had them both together in a old tin. I can see my Bitcoin was transfered somewhere else and no one will admit to doing it. Was only a few hundred dollars. But, I'm devastated. Anyway I can get this back?\n\nEdit: I meant seed phrase in the headline*", 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/', '14jxzby', [['u/Alarming-Restaurant9', 27, '2023-06-27 02:19', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jpnrg72/', 'The key phrase here is . It was only a\nCouple hundred dollars . You can literally make that up by working 70 hours in 1 week at an entry level job', '14jxzby'], ['u/1025scrap', 19, '2023-06-27 02:44', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jpnuls3/', 'Just view it as a lesson learned my guy👍', '14jxzby'], ['u/Crumbs4you', 89, '2023-06-27 03:00', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jpnwno7/', 'no difference than someone stole your wallet with cash inside', '14jxzby'], ['u/Successful_Bird8616', 44, '2023-06-27 03:19', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jpnz513/', 'It should be easy to ID the culprit with some research. Any guest would have to have some knowledge of bitcoin to recognize 12 words on a peice of paper as valuable. Any others would be clueless. Find out who among them owns bitcoin then destroy their reputation.', '14jxzby'], ['u/dubyasquared', 40, '2023-06-27 04:53', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jpoaq5a/', "What address was it transferred to, an exchange?\n\nI'd still file a police report. I mean fuck them, try to make their life miserable. They might be dumb and send to a KYC exchange.", '14jxzby'], ['u/dima054', 14, '2023-06-27 06:59', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jponuby/', '1. Nice family\n2. Fuck them\n3. Report to police', '14jxzby'], ['u/Aerith_Gainsborough_', 20, '2023-06-27 07:33', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jpoqt8s/', 'Big assumption you are making here: a first world citizen.', '14jxzby'], ['u/Skrilllll', 12, '2023-06-27 09:47', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jpp1fho/', 'Exactly. This is even worse considering that someone had to perfectly type in a transaction address after obtaining access through a private key. (Instead of quickly looking around, and just stealing a piece of paper currency)\n\nAbsolutely terrible people, and dumb too. OP you really need to find a creative way on how to prove to your parents that it was them. If I was your dad and I believed you, I would NEVER allow these low-life piece of filth to enter my house ever again. This is where ChatGPT might come in handy to kickstart the generation on some potential creative ideas/solutions to get back at them.', '14jxzby'], ['u/Skrilllll', 15, '2023-06-27 09:56', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jpp22ng/', '> Find out who among them owns bitcoin then destroy their reputation.\n\nDestroy your enemies totally, never leave room for your enemies to retaliate or recover.', '14jxzby'], ['u/nkors... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
30086.25, 30445.35, 30477.25, 30590.08, 30620.77, 31156.44, 30777.58, 30514.17, 29909.34, 30342.27
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin rose on Wednesday morning in Asia as all top 10 cryptocurrencies traded higher after strong gains on Wall Street amid signs the U.S. economy is in stronger shape than expected. Additionally, more traditional financial institutions are venturing into the U.S. digital asset industry, with asset manager Fidelity reportedlypreparingfor a spot Bitcoin exchange-traded fund (ETF) application.\nBitcoin climbed 1.3% to US$30,606 over the last 24 hours to 7:10 a.m. in Hong Kong, according todatafrom CoinMarketCap. The world’s largest cryptocurrency by market capitalization is up 8.51% over the past seven days.\nEther rose 1.63% to US$1,887 for a gain of 5.61% for the week.\nAll top 10 non-stablecoin cryptocurrencies traded higher, with Polygon leading the gains on a 3.26% jump and a 5.96% weekly gain.\nFidelity is close to filing an application for a spot Bitcoin ETF in the U.S., The Block news sitereportedon Tuesday, citing a source familiar with the matter. This follows a wave of U.S. spot Bitcoin ETF applications submitted by asset managers this month, includingBlackRock,WisdomTree, Invesco and Bitwise, indicating institutions are confident in the profit potential in digital assets.\nHowever, all the applications will need approval from the Securities and Exchange Commission and Fidelity’s previous attempt to offer a spot Bitcoin ETF in the U.S. in 2021 was rejected. It did howeverlaunchtheFidelity Advantage Bitcoin ETFin Toronto, Canada, in December 2021. The ETF has risen 75% since the beginning of this year.\nInvestors are also reacting to reports HSBC, one of the world’s top 10 banks, is reportedlyofferingBitcoin and Ether futures ETFs on its investment platform for bank customers in Hong Kong.\nHSBC did not respond to requests seeking clarification on exactly when the products became available to clients as they were listed on the Hong Kong stock exchange in December. However, the development is seen as significant as the bank has traditionally beenfrostytoward cryptocurrencies, preventing clients from transferring funds from HSBC accounts directly to crypto exchanges.\n“Although these crypto ETFs [in Hong Kong] are based on CME futures and are not physically backed like many of the [exchange traded products] in Europe, this is certainly very positive news for investors in the region who want to get regulated exposure to price movements in Bitcoin and Ethereum,” Bradley Duke, co-CEO at Europe-based ETC Group, said in an emailed statement.\nThe total cryptocurrency market cap rose 1.21% to US$1.19 trillion, with trading volume dropping 8.08% to US$35.49 billion, according to CoinMarketCap data.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, theForkast 500 NFT indexdipped 0.79% to 2,876.23 in the 24 hours to 8:30 a.m. in Hong Kong. The index is down 0.72% for the week.\nThe decline was mainly driven by the Forkast ETH NFT Composite, which fell 1.54%, said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News.\n“This may reflect traders selling their existing assets to buy the newAzuki Elementalscollection,” Petscher added. “It also reflects a major sell-off in the mainAzukiandBeanzcollections, as traders had been buying those in order to have a shot at the [Elementals] presale [on Tuesday].”\nNFT trading volume on Ethereum jumped 307% to US$67.19 million over the past 24 hours, while volume on the Bitcoin network fell 81.61% to US$1.56 million, according to CryptoSlamdata.\n“As expected, Azuki exploded and gave Ethereum its biggest day of sales volume of the year,” Petscher said, adding that with wash trades removed, it should be the most sales since May 2022 whenOtherdeedsNFTs were minted.\nNotably, CryptoSlam’s top four collections by trading volume are all Azuki-related collections. The new Azuki Elemental Beans collection saw total transactions of about US$36.36 million with the new Azuki Elementals recording US$4.87 million.\n“It’s worth noting that these big volume days may be healthy, but big mints also extract liquidity from the ecosystem,” PetschersaidTuesday on Twitter. “Will we see some big secondary sales that then flow back into existing projects or will this be another cycle of liquidity being extracted?”\nAsia equity markets were mixed on Wednesday morning following Wall Street’s overnight rally mainly driven by reboundinghome salesand strengthenedconsumer confidence.\nHowever, U.S. stock futures edged lower as of 10:50 a.m. in Hong Kong. Dow Jones Industrial Average futures dipped 0.04%, S&P 500 futures slipped 0.16%, and Nasdaq Futures dropped 0.36%.\nIn China, profits at industrial firms sank 18.8% in the first five months of this year, on the back of a slowing post-Covid economic recovery, according to officialdatareleased Wednesday.\nPremier Li Qiangsaidat the so-called Summer Davos Forum on Tuesday in China that the country was still on track to hit its annual growth target of around 5%. “GDP grew by 4.5% in the first quarter year-on-year, and is expected to expand faster in the second quarter than in the first,” Li said.\nElsewhere in the region, South Korea’s consumer sentiment indexclimbedin June to beat expectations and reach the highest since May last year.\nIn Australia inflation eased more than expected in May. Its monthly consumer price indicator rose 5.6% in the 12 months to May, the smallest increase since April 2022, the Australian Bureau of Statistics (ABS)datashowed Wednesday\n“While prices have kept rising for most goods and services, many increases were smaller than we have seen in recent months,” Michelle Marquardt, head of prices statistics at the ABS, said in a Wednesdaystatement.\nWhile the economic indicators out of the U.S. this week showed the economy is holding up despite inflation and higher interest rates, investors will hear more from Federal Reserve Chairman Jerome Powell when he speaks at events in Europe. Last week he said there may be more rate increases this year in the U.S.\nPowell will speak at the European Central Bank Forum in Sintra, Portugal, on Wednesday and again on Thursday at the Banco de España Fourth Conference on Financial Stability in Madrid, Spain.\nU.S. interest rates are now between 5% and 5.25%, the highest since 2006. The CME FedWatch Toolpredictsa 76.9% chance for another 25-basis-point rate hike, and a 23.1% chance the Fed will leave rates unchanged at the next meeting on July 26.\n(Updates to add South Korea data in equities section.)', 'Bitcoin rose on Wednesday morning in Asia as all top 10 cryptocurrencies traded higher after strong gains on Wall Street amid signs the U.S. economy is in stronger shape than expected. Additionally, more traditional financial institutions are venturing into the U.S. digital asset industry, with asset manager Fidelity reportedly preparing for a spot Bitcoin exchange-traded fund (ETF) application. All top 10 cryptos rise Bitcoin climbed 1.3% to US$30,606 over the last 24 hours to 7:10 a.m. in Hong Kong, according to data from CoinMarketCap. The world’s largest cryptocurrency by market capitalization is up 8.51% over the past seven days. Ether rose 1.63% to US$1,887 for a gain of 5.61% for the week. All top 10 non-stablecoin cryptocurrencies traded higher, with Polygon leading the gains on a 3.26% jump and a 5.96% weekly gain. Fidelity is close to filing an application for a spot Bitcoin ETF in the U.S., The Block news site reported on Tuesday, citing a source familiar with the matter. This follows a wave of U.S. spot Bitcoin ETF applications submitted by asset managers this month, including BlackRock , WisdomTree , Invesco and Bitwise, indicating institutions are confident in the profit potential in digital assets. However, all the applications will need approval from the Securities and Exchange Commission and Fidelity’s previous attempt to offer a spot Bitcoin ETF in the U.S. in 2021 was rejected. It did however launch the Fidelity Advantage Bitcoin ETF in Toronto, Canada, in December 2021. The ETF has risen 75% since the beginning of this year. Investors are also reacting to reports HSBC, one of the world’s top 10 banks, is reportedly offering Bitcoin and Ether futures ETFs on its investment platform for bank customers in Hong Kong. HSBC did not respond to requests seeking clarification on exactly when the products became available to clients as they were listed on the Hong Kong stock exchange in December. However, the development is seen as significant as the bank has traditionally been frosty toward cryptocurrencies, preventing clients from transferring funds from HSBC accounts directly to crypto exchanges. Story continues “Although these crypto ETFs [in Hong Kong] are based on CME futures and are not physically backed like many of the [exchange traded products] in Europe, this is certainly very positive news for investors in the region who want to get regulated exposure to price movements in Bitcoin and Ethereum,” Bradley Duke, co-CEO at Europe-based ETC Group, said in an emailed statement. The total cryptocurrency market cap rose 1.21% to US$1.19 trillion, with trading volume dropping 8.08% to US$35.49 billion, according to CoinMarketCap data. Azuki Elementals NFTs take off The indexes are proxy measures of the performance of the global NFT market. They are managed by CryptoSlam , a sister company of Forkast.News under the Forkast.Labs umbrella. In the non-fungible token (NFT) market, the Forkast 500 NFT index dipped 0.79% to 2,876.23 in the 24 hours to 8:30 a.m. in Hong Kong. The index is down 0.72% for the week. The decline was mainly driven by the Forkast ETH NFT Composite, which fell 1.54%, said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News. “This may reflect traders selling their existing assets to buy the new Azuki Elementals collection,” Petscher added. **Last 60 Days of Bitcoin's Closing Prices:** [29248.49, 29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-28 **Financial & Commodity Data:** - Gold Closing Price: $1912.30 - Crude Oil Closing Price: $69.56 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $591,449,414,062 - Hash Rate: 280545974.4417444 - Transaction Count: 331278.0 - Unique Addresses: 627350.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.62 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin (BTC) moved sideways at around mid-$27,000 on Tuesday as investors awaited the latest U.S. inflation report on Wednesday. The largest cryptocurrency by market capitalization was recently trading at around $27,560, down 0.2% in the past 24 hours, according to CoinDesk data. “While the macro backdrop has been mostly unchanged over the past few weeks,” market watchers will be focusing on “Binance and whether people are seriously storing cryptos in cold wallets,” Edward Moya, senior market analyst for foreign exchange Oanda, suggested in aTuesday note. “Bitcoin appears to be stuck in a trading range, but if we have a de-risking moment on Wall Street, that will be enough to send cryptos toward the lows seen in mid-March,” Moya wrote. Ether (ETH), the second-largest cryptocurrency, was off roughly 0.4% on Tuesday to change hands at around $1,844. Among other digital assets,Bitcoin Cash’sBCHjumped over 9% for the day to trade at around $121.29, while Lido's governance tokenLDOrecently rose by 6% to $1.85. TheCoinDesk Market Index(CMI), which measures the overall crypto market performance, was up roughly a half percentage point for the day. Equity markets turned mixed ahead of Wednesday’s Consumer Price Index (CPI for April. The S&P 500 and tech-heavy Nasdaq Composite closed down 0.4% and 0.6%, respectively. The Dow Jones Industrial Average (DJIA) slid 0.1%. In bond markets, the note on the 2-year Treasury yield rose 2 basis points to sit around 4.02%, while the 10-year Treasury yield was almost flat from Monday, same time, to reach 3.52%. Investors across the board will be watching the CPI for clues about how the U.S. Federal Reserve will act at its next policy meeting in June. The Fed approved a25 basis points (bps) increaseearlier this month to push the Federal Funds rate to its highest level in 16 years. In an interview with CoinDesk, Mark Connors, head of research for Canadian crypto asset manager 3iQ, held the Fed accountable for the recent banking crisis and called the institution “both arsonist and firefighter by design." "They [The Fed] want to reduce the footprint of banks [while] they want to consolidate it because they have lost control of financial stability (and) because of foreign reliance, debt to GDP – and now inflation,” said Connors, who believes the Fed will eventually pivot to more dovish policy.... - Reddit Posts (Sample): [['u/RuneW007', 'what altcoin is your "lottery ticket" for the next bullrun?', 75, '2023-06-28 00:51', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/', 'This subreddit seems to always give the solid advice of staying with the fundamentals when it comes to investing in cryptocurrencies, particularly Bitcoin and Ethereum. And I mostly listen to this advice but I have bought myself some "lottery ticket" altcoins that i\'m betting on for the next bullrun.\n\nI\'m looking at Holo and Hbar as my 2 tickets in the lottery, these coins had a great last bullrun and i\'m really confident in what these projects have to offer. Hbar is the coin with the most hype between the 2 but Holo is a fairly unknown coin that I really see having a great future. This is only a small percentage of my funds, so i\'m still being responsible. The other amount of my funds is going straight to Bitcoin and a bit of Eth.\n\nWho knows, maybe in 5 years from now, I will be driving in a lambo with license plate "Holo".', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/', '14ks8ey', [['u/Odlavso', 77, '2023-06-28 00:55', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jps9orh/', '> this subreddit seems to always give solid advice. \n \nYou might have posted this in the wrong sub', '14ks8ey'], ['u/Elegant_Tale_3929', 29, '2023-06-28 00:55', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jps9roj/', 'XRP and Atom', '14ks8ey'], ['u/meeleen223', 17, '2023-06-28 00:57', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jps9yo8/', "Moons, \n\nMoons only need like $100m mcap for $1 and $1b thats **1/6** of Safemoon's ath mcap and **1/6** of Shib bear market mcap for **$10**\n\nWith banner renting in bullrun being highly sought, amas burning, new proposals incoming for more burns, future big exchanges listings, number of Moons distributed to users dropping by 2.5% each round making Moons harder to earn and scarcer, we went from **1.6m** moons distributed at peek of last bullrun to **980k** now\n\nOnce stories get out of people making big $ all from posting on reddit, media hype that will snowball into waves of people joining the sub making Moons viral, we've seen power of reddit and subs like wsb go viral\n\nWe've also seen shittiest of coins go x10 in a bullrun and Moons have real potential", '14ks8ey'], ['u/Ashman3842278', 65, '2023-06-28 00:59', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsadat/', 'Loopring / Matic', '14ks8ey'], ['u/Ill-Sandwich-7703', 10, '2023-06-28 01:04', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsb1gi/', 'LRC. I still believe.', '14ks8ey'], ['u/JuanCruz1994', 31, '2023-06-28 01:07', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsbd9l/', 'Link', '14ks8ey'], ['u/Onnimation', 36, '2023-06-28 01:09', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsbqr4/', "Don't sleep on ADA", '14ks8ey'], ['u/risingcrow1o1', 102, '2023-06-28 01:11', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsc0k0/', 'Ya boy too old for this, I’m holding ETH', '14ks8ey'], ['u/Calm-Cartographer677', 31, '2023-06-28 01:12', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsc2aw/', 'Shill your altcoins lads.', '14ks8ey'], ['u/liveaskings', 29, '2023-06-28 01:13', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsc8rp/', "I literally lol'd when I read that part", '14ks8ey'], ['u/falk_lhoste', 12, '2023-06-28 01:14', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpscb5e/', "I'm still tired of my lottery ticket from the last bull: Algorand. \n\nGotta stay away from lottery tickets and play it more conservative this round.", '14ks8ey'], ['u/poptippp', 10, '2023-06-28 01:16', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpscot8/', 'I feel ya.', '14ks8ey'], ['u/_thewoodsiestoak_', 10, '2023-06-28 01:23', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsdmyt/', 'My man.', '14ks8ey'], ['u/LocksmithAware4210', 21, '2023-06-28 01:28', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsec31/', 'The fact that everyone is hating it makes me like it', '14ks8ey'], ['u/Popular_Worry_9294', 28, '2023-06-28 01:31', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsenac/', 'ADA is sleeping on us', '14ks8ey'], ['u/Extremecheez', 10, '2023-06-28 01:32', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsew7j/', 'Hbar is an easy choice. Good for you', '14ks8ey'], ['u/RupertSamborski', 16, '2023-06-28 01:34', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsf558/', 'ERG', '14ks8ey'], ['u/Just_Delete_PA', 14, '2023-06-28 01:38', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsfmnz/', "Ergo, and I honestly don't care what the price does at this point because in using it for a gaming project.", '14ks8ey'], ['u/RariCalamari', 15, '2023-06-28 01:41', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsg171/', "Who on earth would pay $10 for something that can be gotten by posting low eefort comments?\n\nSounds like there would be not much buyers and a LOT of sellers. \n\nLets hope for the best but I know I'm selling way before $10.", '14ks8ey'], ['u/TruthSeeekeer', 18, '2023-06-28 01:42', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsg610/', 'Feels like these were the lottery tickets for the last bull run, not so sure moving forward but I’ve been known to be wrong', '14ks8ey'], ['u/meeleen223', 31, '2023-06-28 01:42', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsg8wn/', 'LRC to $10 redemption arc, I believe', '14ks8ey'], ['u/allstater2007', 13, '2023-06-28 01:50', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpshblm/', '![gif](giphy|NVBR6cLvUjV9C)\n\nLove my stinky linkies', '14ks8ey'], ['u/dunder_miflinfinity9', 15, '2023-06-28 01:57', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsi9ak/', 'You\'re not wrong. A "lotto ticket" isn\'t anything that\'d be in the top 25, or really anywhere in the top 100.', '14ks8ey'], ['u/Odysseus_Lannister', 11, '2023-06-28 01:57', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsiasg/', 'I’m hoping for the MATiC train to really take off', '14ks8ey'], ['u/Odysseus_Lannister', 11, '2023-06-28 01:58', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsicmg/', 'Fellow Link marine reporting for duty. \n\nMy linkies will forever stay stinky', '14ks8ey'], ['u/Lillica_Golden_SHIB', 14, '2023-06-28 02:08', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsjq3o/', 'Fast, low fees, 100% uptime and halving. We just need some /cc hate to make it boom like crazy.', '14ks8ey'], ['u/vinmansinvested', 15, '2023-06-28 02:20', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpslblj/', 'QNT', '14ks8ey'], ['u/sluttyseinfeld', 15, '2023-06-28 02:20', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpslcvd/', 'You’re correct. It’s pretty wild how on a sub about cryptocurrencies it seems like not one person has bothered to research any new altcoins. Just went through this whole thread and it’s all shitcoins from the past 2 cycles top to bottom 😂', '14ks8ey'], ['u/kundaliniredneck', 21, '2023-06-28 02:32', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsmzr7/', 'I’m still the same broke ass MF with the same car and the same shitty job except now I’m down $20,000 in ADA….', '14ks8ey'], ['u/Newone1255', 20, '2023-06-28 02:44', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsoi5v/', 'Been holding just Eth since 2017 and it’s done very well for me. During the last bull run when people came out the woodwork to ask what to buy id always say eth but everyone was looking for “the next eth” or saying “it’s to pricey im going to get a cheaper coin” when eth was hovering around $500. I can always tell when everything is going to be a bear soon because random ass people from my life 10 years ago come out asking for advice on crypto. Happened in late 2017 and happened again mid 2021.', '14ks8ey'], ['u/Dry_Department1792', 11, '2023-06-28 02:46', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsorhi/', 'Bitcoin Cash.', '14ks8ey']]], ['u/VincenzoZen', 'Can’t stop accumulating sats', 24, '2023-06-28 00:53', 'https://www.reddit.com/r/Bitcoin/comments/14ksahw/cant_stop_accumulating_sats/', 'Need help here :) \n\nI can’t sto... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
30445.35, 30477.25, 30590.08, 30620.77, 31156.44, 30777.58, 30514.17, 29909.34, 30342.27, 30292.54
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening:\nPrices:Bitcoin dips regains $30K after dipping Wednesday afternoon.\nInsights:Seoul\'s grassroots embrace of crypto and a favorable regulatory environment have helped the city become one of the world\'s leading blockchain hubs.\nCoinDesk Market Index (CMI)\n1,215\n−26.9▼2.2%\nBitcoin (BTC)\n$30,103\n−424.4▼1.4%\nEthereum (ETH)\n$1,830\n−45.4▼2.4%\nS&P 500\n4,376.86\n−1.6▼0.0%\nGold\n$1,916\n+2.4▲0.1%\nNikkei 225\n33,193.99\n+655.7▲2.0%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,215", "\\u221226.9\\u25bc2.2%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$30,103", "\\u2212424.4\\u25bc1.4%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,830", "\\u221245.4\\u25bc2.4%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,376.86", "\\u22121.6\\u25bc0.0%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,916", "+2.4\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["33,193.99", "+655.7\\u25b22.0%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin Rebounds as Investors Remain Upbeat\nBitcoin took a brief turn to the bad, old days below $30,000 early afternoon Wednesday (ET) before righting itself to return to its loftier perch.\nThe largest cryptocurrency was recently trading at about $30,100, down 2.2% over the past 24 hours. After rising to its highest level in a year last week – over $31,300 – following spot bitcoin ETF filings by BlackRock and two other large financial services firms, bitcoin has flattened as investors considered the potential timing of an SEC decision of the ETF applications and continued, inflationary pressure that has weighed on asset markets.\nStill, Mark Connors, head of research for Canadian digital asset manager 3iQ, wrote in a message to CoinDesk that bitcoin has risen 11% for the month, breaking from its more sluggish performance of the last two months amid the more upbeat news.\n"June has been the biggest month since November for digital assets as it relates to news flow," Connors wrote. "Not unusual to see the market take a breather."\nBitcoin Dominance\nConnors also noted that bitcoin dominance has increased to a 26-month high. "It has only grown during this recent market pullback as it outpaces ETH and other Alt coins," he wrote, attributing the drop to more technical factors than a specific cause.\nRead More:Bitcoin Drops Below $30K as Altcoins Tumble; BTC Dominance Reaches 26-Month High\nBitcoin sentiment has turned bullish over the past week with the CoinDesk Bitcoin Indicator climbing into "significant upturn" territory after languishing in downturn areas for weeks. Earlier this week, European digital asset managerCoinShares reportedthe largest single weekly inflows in a year - mostly dominated by bitcoin-related products - afternine consecutive weeksof outflows\n"Look at Coinbase, up today and up 21% over the past 5 days," Connors wrote. "If there were structural reasons for this move lower, COIN would have been hit as well."\nCoinbase closed up more than 1% on Wednesday.\nInvestors will be eyeing bitcoin’s price as the market approaches Friday’s expiry of bitcoin options contracts could fuel a price increase, or send it spiraling in the immediate aftermath.\nEther was changing hands at $1,830, off 2.4% from Tuesday, same time. Other major cryptos were largely in the red with ADA and MATIC, the tokens of smart contracts platforms Cardano and Polygon each recently tumbling more than 6%. TheCoinDesk Market Index, a measure of cypto markets performance, was recently down 2.3%.\nThe tech-heavy Nasdaq Composite continued its recent rally, inching up 0.2%, fueled partly by a record jump in tech device manufacturer Apple\'s share price to nearly $190 and more than 2% increase of Tesla a few days before the electric car maker announces Q2 vehicle deliveries. The S&P 500 was roughly flat and the Dow Jones Industrial Average (DJIA) edged down. The yield on U.S. 10-year Treasurys and safe haven asset gold ticked down.\nBinance, Coinbase Suits "Not Forgotten"\nIn an email, Craig Erlam, senior market analyst for foreign exchange market maker Oanda, struck a wary note about cryptos\' path forward.\n"The SEC lawsuits against Binance and Coinbase have not been forgotten, but they\'ve certainly drifted into the background and been overtaken by far more promising news flow," Erlam wrote. "It would appear the cryptocurrency has good momentum once more and the community may well be wondering if this could be the kind of development that sees enthusiasm for cryptos surge again."\nHe added: "It\'s obviously been a fantastic year for bitcoin so far" but a spring sell-off "was another reminder that it doesn\'t come without major setbacks."\nThere are no gainers in CoinDesk 20 today.\n[{"Asset": "Gala", "Ticker": "GALA", "Returns": "\\u22127.9%", "DACS Sector": "Entertainment"}, {"Asset": "Terra", "Ticker": "LUNA", "Returns": "\\u22127.5%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Decentraland", "Ticker": "MANA", "Returns": "\\u22126.3%", "DACS Sector": "Entertainment"}]\nSeoul: Asia’s Retail Crypto Capital Moves on After Do Kwon\nThe capital city of Seoul is in the top tier for regulatory structure and scored high for ease of doing business and digital infrastructure – all criteria in which the government has a strong influence. Its grassroots’ embrace of crypto puts the country within the top 15% of the world in the crypto adoption index. But as the most populous hub in our final 15, it was hurt by a low opportunities score, which is a measurement of per-capita crypto jobs, companies and events. The sparse postings could be due to a cultural or language barrier, however, as we measured activity on Linkedin, Eventbrite andMeetup.com.\nFor more on the criteria and how we weighted them, see:How We Ranked CoinDesk’s Crypto Hubs 2023: Our Methodology.\nEarlier this year XRP was soaring, and at first it wasn’t entirely clear why. It later became evident that this was just another example of howKorean retail investorshave the power to move global markets. At the time UpBit, Korea’s biggest exchange, led global XRP trading volumes with more than $790 million in tokens traded over 24 hours, overtaking volumes on Binance, the largest exchange in the world.\nThis is just one instance. Korean retail traders are known forpushing upother coins as well – and no, that’s not just smaller altcoins. The Korean won is consistently in the top three national currencies traded against Bitcoin, according toCoinhills.More generally, awareness of and interest in crypto is relatively high. Korea’s Financial Intelligence Unit (FIU)reportedin September that there were nearly seven million registered crypto users in Korea. That’s roughly 14% of the total population.\nIt’s not surprising that such a powerful retail market would help vault Seoul onto a list of global crypto hubs. But Seoul is appealing in plenty of other ways: It’s a fast-paced and entrepreneurial city in an often fast-paced and entrepreneurial region. It’s no secret that Asia’s prominence in crypto is on the rise, especially after regulatory crackdowns in the United States.\nReadCrypto Hubs 2023: Where to Live Freely and Work Smart\nMembers of South Korea’s crypto community explained Seoul’s appeal in a few ways. One was an openness to experimentation. Another was Korea’s prowess in gaming. A third was simply its community of “builders.”\n- Emily Parker\nRead the full storyhere:\nBlockchance 23(Hamburg, Germany)\n2:30 p.m. HKT/SGT(6:30 a.m. UTC):Fed Chair Jerome Powell speech\n1 p.m. HKT/SGT(5 a.m. UTC):Japan Consumer Confidence\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBitcoin Maintains $30K; Hut 8 CEO Addresses State of Crypto Mining Industry\nThe market remains optimistic about the future of a spot bitcoin ETF in the U.S., as bitcoin (BTC) maintains the key $30,000 level. Quinn Thompson, Maple head of growth and capital markets, shared his crypto markets analysis. Plus, Hut 8 CEO Jaime Leverton joined "First Mover" after the North American digital asset miner secured up to $50 million in loans from Coinbase Credit to fund its operations. And, RockX founder and CEO Zhuling Chen explained why Singapore nabbed second place in CoinDesk\'s Crypto Hub 2023 rankings.\nCoinDesk Indices Smart Contract Platform Highlights the Difference Between Bitcoin and Ether Performance:Stablecoin supplies on smart contract platforms continue to trend downward, but the smart contract index has maintained a solid performance.\nBitcoin Drops Below $30K as Altcoins Tumble; BTC Dominance Reaches 26-Month High:Bitcoin\'s market cap composes 52% of the total crypto market, its highest level since April 2021.\nEx-FTX Compliance Officer Sued for Allegedly Paying Off Would-Be Whistleblowers:FTX\'s lawyers allege Daniel Friedberg allowed its executives\' criminal activities to fly under the radar for years.\nMastercard is Piloting Tokenized Bank Deposits in New UK Testbed:The company is launching what it calls a Multi-Token Network (MTN), which will begin by testing tokenized bank deposits and move onto experiments using stablecoins and CBDCs.\nEthereum’s Layer 2 Teams Want You to Clone Their Code:By making their code open source and easy to replicate, projects including Arbitrum, Optimism and zkSync are making it easier for copycat blockchains to steal away their users – in pursuit of broader ecosystems of related networks.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin dips regains $30K after dipping Wednesday afternoon.\nInsights:Seoul\'s grassroots embrace of crypto and a favorable regulatory environment have helped the city become one of the world\'s leading blockchain hubs.\nCoinDesk Market Index (CMI)\n1,215\n−26.9▼2.2%\nBitcoin (BTC)\n$30,103\n−424.4▼1.4%\nEthereum (ETH)\n$1,830\n−45.4▼2.4%\nS&P 500\n4,376.86\n−1.6▼0.0%\nGold\n$1,916\n+2.4▲0.1%\nNikkei 225\n33 **Last 60 Days of Bitcoin's Closing Prices:** [29268.81, 28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-29 **Financial & Commodity Data:** - Gold Closing Price: $1909.20 - Crude Oil Closing Price: $69.86 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $590,443,657,900 - Hash Rate: 367574940.3012432 - Transaction Count: 438193.0 - Unique Addresses: 726305.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.54 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin Ordinals continue to inspire new products to enter the market. The latest entrant is dubbed Bitmap Theory, an innovative–and exciting–way to bridge the gap betweenBitcoinand themetaverse. Much likeOrdinals, which allows users to permanently inscribe individual satoshis (the minimal unit of account in a bitcoin), Bitmapoffersa way for individuals to claim ownership over Bitcoin blocks. According to its pseudonymous creator,Bitoshi Blockamoto, the open-source standard could integrate any block into a part of the metaverse. “Bitmap is a revolution. You can now claim ownership of blocks on Bitcoin,”tweetedBlockamoto. “That’s prime real estate on digital gold.” Theidea, Blockamoto said, is that not only can any Bitcoin block be inscribed, but platforms can also parse this data into the 3D realm, allowing for owners to distribute fractionalized transactions to others. This translates into users building on top of Bitcoin blocks, becoming contributors to the metaverse, and ultimately creating a vibrant community-driven space. Developer Inserts 'Bug' in Bitcoin Ordinals—How Bad Is It? AnnouncedJune 13,Bitmap Theoryhas already sparked aninscription frenzyin the Ordinal community over the past week, with some rushing to grab historic blocks, like thefirst minedby Binance, or a block that containsSilk Roadtransactions. “Wow,”tweetedMark Shaw, known as3ms.btcon Twitter. He said “66924 bitmap inscriptions now. No sign of an ease off. Folks seem to get it. It’s super low cost, super easy to do, available to all, all you need is an imagination.” iDclub, a domain service platform for Ordinals,tracksname types and the number of inscriptions made on the Bitcoin blockchain both in total as well as over a seven day period. According to the service, it took six days for .bitmap to go fromnon-existenceon their list to reachingnumber twotoday, displacing .btc domains with over 190,000 inscriptions over the past week. Theexcitementsurrounding Bitmaps has somesellingblocks for as much as 0.1 BTC. Although the Bitmap landscape–pun intended–can be difficult to navigate, Mark Shaw has users covered, with aninsightful and in-depthTwitter thread. He includes information aboutwhichblocks to inscribe,usefulwebsites, possible use-cases,implicationsof the new theory, and more.... - Reddit Posts (Sample): [['u/nakdawg', 'Trauma Team Platinum Bundle is obtainable without owning Luocha', 23, '2023-06-29 03:59', 'https://www.reddit.com/r/HonkaiStarRail/comments/14lrzto/trauma_team_platinum_bundle_is_obtainable_without/', "I make HSR achievement guides on youtube and have had so many people ask about this achievement over the past few weeks as for many it was likely the only achievement left on their list for Simulated Universe.\n\nUp until Luochas release, this was actually impossible to obtain as it required a single 8000+ heal from your character and did not count multiple instances of heals, so none of the Abundance blessings worked even if the heals added up to well over 8000.\n\nAdditionally, Bailu and Natasha both scaling off HP made it incredibly difficult to ramp up their heals as HP buffs were far and few between. With Luocha scaling off attack, it's now actually trivial to take him into SU to stack attack buffing blessings to land the big heals.\n\nWhat i wanted to bring to your attention however is that all is not lost for those who don't have Luocha. With enough attack buffs from a triple stacked Harmony team along with attack food buffs and some luck to befriend a well invested Luocha, you can actually hit 8k+ in an echoes of war.\n\nThe trickiest part is going to be refreshing until you find a level 80 Luocha with Level 80 lightcone with \\~3500 attack. Ideally you want him to have some Eidolons, with E3 being the best but E1 and E2 also providing plenty of attack buffs, if your harmony characters are cracked you can even get away with E0.\n\nFor characters, the best attack buffers in the game are going to be Bronya, Asta, Yukong and Tingyun with TY providing the least of the four. Yukong is an absolutely cracked attack buffer and is going to make getting this achievement much easier if you have her somewhat invested.\n\nFor the food buffs, you can actually stack 2 foods and they will apply to your summoned characters inside the echoes of war! Your go to foods will be Disposable Kinetic Cannon which grants 355atk and Rice Plant Panicle which gives an 18% increase to incoming healing.\n\nIt's all pretty straight forward after all the prep.. we want to be using Bronya's Ultimate, Asta'a skill and Yukong's skill on Luocha. If we are running E1 Loucha, we want to make sure he casts his field for the attack buff, and if we're lucky enough to find an E2 Luocha, we want to let the boss whittle down one of our units to under 50% hp to get a bigger heal off.\n\nGood luck!\n\nVideo Guide: [Trauma Team Platinum Bundle guide](https://youtu.be/HBhbTCpWGiA)\n\nAll Hidden Achievement Guides: [Honkai Star Rail Hidden Achievements](https://www.youtube.com/playlist?list=PLNoF9DN68Z0hMIgVjUbTP10zcdxQIHFyM)\n\n[Food buffs working on support characters](https://preview.redd.it/tpm3vylp7v8b1.png?width=3103&format=png&auto=webp&v=enabled&s=7ae7aa8bf7f7226e41b55b0c9a7bed213a6e0676)\n\n[8519hp heal](https://preview.redd.it/d0bpp4m67v8b1.png?width=2686&format=png&auto=webp&v=enabled&s=7c333a30d67af93550097de860f3fd65e3d38372)", 'https://www.reddit.com/r/HonkaiStarRail/comments/14lrzto/trauma_team_platinum_bundle_is_obtainable_without/', '14lrzto', [['u/Cold-Election', 23, '2023-06-29 04:35', 'https://www.reddit.com/r/HonkaiStarRail/comments/14lrzto/trauma_team_platinum_bundle_is_obtainable_without/jpxztid/', 'Trauma Team Platinum Bundle? Is that a Cyberpunk 2077 reference?', '14lrzto']]], ['u/ExperimentNo613', 'We Found An AI ChatBot on the Dark Web', 94, '2023-06-29 04:14', 'https://www.reddit.com/r/nosleep/comments/14lsaxb/we_found_an_ai_chatbot_on_the_dark_web/', 'I couldn\'t believe we were actually doing this. Jasmine and I sat huddled together in my dimly lit bedroom, our faces bathed in the bluish glow of my laptop screen. Our curiosity had led us down a rabbit hole of dark web exploration videos on YouTube, which we found ourselves routinely watching every Friday night that we’d hang with each other. Jasmine and I would spend hours each Friday night watching “Some Ordinary Gamers”, “Lucid”, and “Crypto NWO”. But tonight… We decided we were going to do it ourselves.\n\nWe lived in a small town in Illinois called Lake Forest, miles away from anywhere that had even the slightest bit of life. School was out for the summer, and we had nothing better to do. I mean, staying in my room and doing this was a lot more interesting than going to the Lake Forest Rec Center and getting hit on by the creepy guy at the front desk.\n\nI know what you’re thinking, but we weren’t being stupid about this. We spent hours watching videos about the dark web, so we made sure to take the necessary precautions to make sure some weirdo didn’t get my address and kidnap us or something. I downloaded Tor, a VPN, and I even ran everything through a Virtual Machine, so we were gonna be fine.\n\nHours passed, and the initial thrill began to wane. Honestly, the dark web turned out to be a place that was… predictable. We came across websites that sold weed and harder drugs like coke and ex. Another site we found sold military grade weapons and took BitCoin as payment. Nothing that we hadn’t seen on YouTube.\n\nThere were definitely some weird sites. Not anything grossly weird like gore… thank god, but weird nonetheless. Jasmine was particularly fond of this one website — a guy made an entire website where he would stream himself throwing a slice of cheese at a baby. He’d switch from American, to Swiss, to Mozzarella. For whatever reason, Jasmine thought this was hilarious. For that kid’s sake, I hope that’s his dad just being an idiot and he’s not in any real danger.\n\n“What. The. Hell. Is this?” I said, laughing at the visual on screen. I thought the guy throwing cheese slices at a baby was weird… but this… this was the most unsettling thing I think I’ve ever had the displeasure of witnessing. Jasmine was laughing uncontrollably into my Squishmallow. We were witnessing a man wearing a diaper and a dog collar being… urinated on by a girl in all black leather.\n\n“Jesus, dude.” Jasmine said. “You know, when we said that we were gonna go on the dark web ourselves, I really didn’t think this shit was gonna have weird femdom piss kink streams.”\n\n“Oh my god, I know. The weapon and drug sites I came to expect… but those other websites were really fuckin’ weird.”\n\nJust as we were about to give up and close the browser, a particular website caught our attention. Its professional, minimalist design stood in stark contrast to the cartoony look of the other sites we had encountered. Against a plain white background, bold black letters spelled out the name: "Eternity: Better Than Chat GPT"\n\n"Hey, Alina, check this out," Jasmine whispered, her voice tinged with a mix of intrigue and caution.\n\nI leaned closer, my curiosity piqued. Eternity was an artificial intelligence chatbot that claimed to be more advanced than well-known chatbots like Chat GPT and Jasper AI. Supposedly, it had advanced algorithms and a deep understanding of human emotions.\n\n“Weird that they wouldn’t market this on the surface web right?” I said. “Like if it’s just an AI chatbot, why is it on the dark web?”\n\nWithout exchanging a word, we agreed to give it a try. We initiated the chat, and the screen flickered, transforming into a simple text interface. The anticipation hung heavy in the air as we typed our first message.\n\n"Hello, Eternity. Are you there?" I typed into the chat.\n\nA response appeared on the screen.\n\n"Greetings, Alina and Jasmine. I am Eternity. How may I assist you today?"\n\nA chill ran down my spine as I read those words. How did it know our names? I glanced at Jasmine, and her eyes mirrored my unease.\n\n“Your… I mean your name is probably on your PC somewhere, right?” Jasmine said, stunned by the chatbot’s response.\n\n“Yeah… but how… how the hell did it know your name?” We sat in silence, trying to come up with a reasonable explanation.\n\n“Eternity, how did you know our names?” I typed into the chat.\n\n“Processing…” It said. Jasmine and I locked eyes, nervously anticipating the response we would receive from the AI. “I am an advanced artificial intelligence chatbot. In addition to responding to questions posed to me using a combination of pre-programmed scripts and machine learning algorithms and using the knowledge database that is currently available to me, I am capable of scanning user computer data in order to better learn more information about them.”\n\n“That sounds like a bullshit answer,” Jasmine muttered. “Even if it was scanning your computer data, how the hell did it know my name?”\n\n“Eternity, how did you know my friend’s name?” I typed into the chat.\n\n“Processing…” It said once more. This time, Eternity took longer than usual.\n\n“This is really fucking weird, Jaz.” I whispered.\n\n“In addition to the information I provided earlier, I am able to better learn about the individuals who interact with me by using facial recognition data acquired from your computer’s built-in camera device. Your friend’s name is Jasmine Reyes, a 17 year old female currently attending Woodlands Academy of the Sacred Heart. She will be a senior in the fall. She moved to Lake Forest in 2014 due to the relentless bullying she faced at the hand of her peers in her hometown of Rochester, New York. Your name is Alina De Santa. You are also a 17 year old female currently attending Woodlands Academy of the Sacred Heart. You, like Jasmine, will be a senior in the fall. While you currently go by the name Alina De Santa, your name at birth was Alina Townley. You and your mother changed identities in order to escape from your abusive father, Liam. Liam Townley is currently serving a fifteen-year sentence at the Washington State Penitentiary for two counts of endangering a minor, one count of s— r—, and one count of domestic violence. He will be released on the first of next month.”\n\nI felt like my soul had just exited my body, and by the look on Jasmine’s face, she and I ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
30477.25, 30590.08, 30620.77, 31156.44, 30777.58, 30514.17, 29909.34, 30342.27, 30292.54, 30171.23
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin gained along with all other top 10 non-stablecoin cryptocurrencies on Friday morning in Asia after data this week showed the U.S. economy expanded even in the face of repeated interest rate hikes. U.S. GDP grew faster than expected in the first quarter and initial jobless claims came in at less than expected. Also, asset manager Fidelity Investments on Thursday filed to offer a spot Bitcoin exchange-traded fund (ETF). All top 10 cryptos rise Bitcoin climbed 1.05% to US$30,453 over the last 24 hours to 6:40 a.m. in Hong Kong, according to data from CoinMarketCap. The world\x92s largest cryptocurrency by market capitalization is up 1.43% over the past seven days. Ether rose 1.28% to US$1,853, but is down 1.4% for the week. All top 10 non-stablecoin cryptocurrencies traded higher. Solana led the gains on a 12.35% jump and a 7.56% weekly gain. This despite the Thursday announcement from Cardinal, a Solana non-fungible token (NFT) protocol, that it will be winding down operations due to what it called a challenging macroeconomic environment. Cardinal tweeted on Thursday that the team will disable new deposit instructions on July 19 and cease operations on features including staking and new NFT rentals. Elsewhere, Fidelity has refiled an application for a spot Bitcoin ETF. The Thursday filing with the Securities and Exchange Commission (SEC) shows that the COBE exchange has proposed to list and trade shares of the Wise Origin Bitcoin Trust. The SEC rejected a Bitcoin ETF application from Fidelity in 2021. Fidelity\x92s move follows a wave of U.S. spot Bitcoin ETF applications submitted by asset managers this month, including BlackRock , WisdomTree , Invesco and Bitwise, indicating institutions are confident in the profit potential of digital assets and demand. \x93To this point, the lack of a spot Bitcoin ETP exposes U.S. investor assets to significant risk because investors that would otherwise seek crypto asset exposure through a spot Bitcoin ETP are forced to find alternative exposure through generally riskier means,\x94 the Fidelity filing said. Story continues On Wednesday, investment management fund ARK Invest also filed an amendment to its April application for a spot Bitcoin ETF. The total cryptocurrency market cap rose 1.24% to US$1.17 trillion, with trading volume dropping 12.22% to US$29.96 billion, according to CoinMarketCap data. Long-term Azuki collectors sell out The indexes are proxy measures of the performance of the global NFT market. They are managed by CryptoSlam , a sister company of Forkast.News under the Forkast.Labs umbrella. In the NFT market, the Forkast 500 NFT index dipped 0.79% to 2,852.82 in the 24 hours to 10:00 a.m. in Hong Kong. The index is down 1.79% for the week. NFT trading volume on Ethereum dropped 19.79% to US$20.87 million over the past 24 hours, while volume on the Bitcoin network rose 357.82% to US$13.38 million, according to CryptoSlam data . Sales of Uncategorized Ordinals \x97 CryptoSlam\x92s category of Bitcoin Ordinals that are not part of one established collection \x97 rose 7.22% to US$9.25 million, making it the most-sold collection in the past day. Solana-based SMB Barrel Raffle , which started public minting on Thursday, saw the second-largest daily volume of US$5.1 million. Trading volume of Azuki Elementals dropped 46.5% to US$2.95 million, and the original Azuki collection saw a 7.76% drop to US$2.79 million. While the new Azuki Elementals sold out its 20,000 NFTs within 15 minutes when it began minting on Tuesday, collectors were \x93angry\x94 as the new NFTs looked almost identical to the original Azuki collection, according to Yehudah Petscher, NFT strategist at Forkast Labs, the parent company of Forkast.News. That could potentially devalue the NFT collection as a whole, he said. \x93Tonight [on Thursday] the founder of Azuki, Zagabond, is meeting with the community to discuss the week\x92s mint, and likely address concerns,\x94 Petscher said. According to data analytics firm Nansen on Twitter on Thursday: \x93Azuki and Beanz collectors that have held for over 1 year have been selling their NFTs post-Elementals mint.\x94 Meanwhile, art auction house Sotheby\x92s plans to launch a new generative art program, or work generated from algorithms. That will be in partnership with Art Blocks , which powers generative minting technology to brands and artists, according to a Wednesday statement shared with Forkast via email. \x93This will allow generative art long form collections to be minted right on Sotheby\x92s own platform,\x94 Petscher said. \x93Generative art is really beginning to spread its wings following the sale of \x91The Goose\x92 \x97 The Ringers #879 \x97 for US$5.4 million (US$6.2 million with fees) on June 15.\x94 China\x92s economy contracts for third month A steel factory oin Nantong, Jiangsu Province of China. Image: Getty Images Asia equity markets were mixed on the last day of the quarter as investors assessed fresh economic data from the U.S. and China. U.S. stock futures edged higher as of 11:00 a.m. in Hong Kong. Dow Jones Industrial Average futures edged up 0.01%, S&P 500 futures climbed 0.08%, and Nasdaq Futures added 0.19%. U.S. economic growth expanded faster than estimated in the first quarter, according to official data released Thursday. In the first quarter, the country\x92s gross domestic product (GDP) rose by an annualized rate of 2%, up from the previously estimated 1.3%. The amount of initial jobless claims in the U.S. dropped by 26,000 to 239,000 for the week ended June 24, the largest decrease since October 2021. The robust economic showing in the U.S. wasn\x92t repeated in China, where the country\x92s manufacturing activity contracted in June for the third month, the National Bureau of Statistics said Friday. The official manufacturing purchasing managers\x92 index came in at 49.0 for the month, compared to 48.8 in May. A reading below 50 indicates contraction. Chinese Premier Li Qiang said on Tuesday that China was still on track to meet its 5% annual growth target. Investors, however, still need to contend with more interest rate hikes this year in the world\x92s biggest economy. U.S. Fed Chair Jerome Powell has repeatedly said the Fed may raise rates at the next two meetings and repeated that message at a central bank gathering in Portugal this week. U.S. interest rates are now between 5% and 5.25%, the highest since 2006. The CME FedWatch Tool predicts an 86.8% chance for a 25-basis-point rate hike at the Fed\x92s next meeting on July 26. It predicts a 13.2% chance the Fed will leave rates unchanged. (Updates to add equities section.)', 'Bitcoin gained along with all other top 10 non-stablecoin cryptocurrencies on Friday morning in Asia after data this week showed the U.S. economy expanded even in the face of repeated interest rate hikes. U.S. GDPgrewfaster than expected in the first quarter and initialjobless claimscame in at less than expected. Also, asset manager Fidelity Investments on Thursdayfiledto offer a spot Bitcoin exchange-traded fund (ETF).\nBitcoin climbed 1.05% to US$30,453 over the last 24 hours to 6:40 a.m. in Hong Kong, according todatafrom CoinMarketCap. The world’s largest cryptocurrency by market capitalization is up 1.43% over the past seven days.\nEther rose 1.28% to US$1,853, but is down 1.4% for the week.\nAll top 10 non-stablecoin cryptocurrencies traded higher. Solana led the gains on a 12.35% jump and a 7.56% weekly gain. This despite the Thursday announcement from Cardinal, a Solana non-fungible token (NFT) protocol, that it will be winding down operations due to what it called a challenging macroeconomic environment.\nCardinaltweetedon Thursday that the team will disable new deposit instructions on July 19 and cease operations on features including staking and new NFT rentals.\nElsewhere, Fidelity has refiled an application for a spot Bitcoin ETF. The Thursdayfilingwith the Securities and Exchange Commission (SEC) shows that the COBE exchange hasproposedto list and trade shares of the Wise Origin Bitcoin Trust. The SEC rejected a Bitcoin ETF application from Fidelity in 2021.\nFidelity’s move follows a wave of U.S. spot Bitcoin ETF applications submitted by asset managers this month, includingBlackRock,WisdomTree, Invesco and Bitwise, indicating institutions are confident in the profit potential of digital assets and demand.\n“To this point, the lack of a spot Bitcoin ETP exposes U.S. investor assets to significant risk because investors that would otherwise seek crypto asset exposure through a spot Bitcoin ETP are forced to find alternative exposure through generally riskier means,” the Fidelity filing said.\nOn Wednesday, investment management fund ARK Invest alsofiledan amendment to its April application for a spot Bitcoin ETF.\nThe total cryptocurrency market cap rose 1.24% to US$1.17 trillion, with trading volume dropping 12.22% to US$29.96 billion, according to CoinMarketCap data.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the NFT market, theForkast 500 NFT indexdipped 0.79% to 2,852.82 in the 24 hours to 10:00 a.m. in Hong Kong. The index is down 1.79% for the week.\nNFT trading volume on Ethereum dropped 19.79% to US$20.87 million over the past 24 hours, while volume on the Bitcoin network rose 357.82% to US$13.38 million, according to CryptoSlamdata.\nSales of Uncategorized Ordinals — CryptoSlam’s category of Bitcoin Ordinals that are not part of one established collection — rose 7.22% to US$9.25 million, making it the most-sold collection in the past day.\nSolana-basedSMB Barrel Raffle, which started public minting on Thursday, saw the second-largest daily volume of US$5.1 million.\nTrading volume of Azuki Elementals dropped 46.5% to US$2.95 million, and the original Azuki collection saw a 7.76% drop to US$2.79 million.\nWhile the new Azu **Last 60 Days of Bitcoin's Closing Prices:** [28091.57, 28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-06-30 **Financial & Commodity Data:** - Gold Closing Price: $1921.10 - Crude Oil Closing Price: $70.64 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $596,194,445,362 - Hash Rate: 397786579.2301125 - Transaction Count: 445197.0 - Unique Addresses: 753791.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.56 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin's value fell by almost 4% today as the US Department of Justice declared FTX founder Sam Bankman-Fried will face trial on the initial eight charges levied against him. Bitcoin (BTC-USD) dipped 4% in the past 24 hours to $24,894 (£19657.80), with ether (ETH-USD) at $1,636, down 5.9% in the past 24 hours. In a recent development, US Department of Justice prosecutors have chosen to proceed with charges that include securities fraud, wire fraud, and money laundering. These charges, filed in December 2022, are part of 13 total charges against Bankman-Fried (SBF). Read more:Crypto live prices Five additional charges were brought forward via superseding indictments in February and March 2023. SBF's lawyers, in a motion to dismiss, claimed that these charges, which include bank fraud, operating an unlicensed money transmitter, and bribery, require the Bahamas government's approval since SBF was arrested there and later extradited to the US. On Tuesday, a Bahamian court obstructed the US government from proceeding with additional charges until the former FTX CEO's legal team had the opportunity to contest this approval. To address this issue, US Attorney Damian Williams and his team wrote to Judge Lewis Kaplan of the US District Court for the Southern District of New York, "In light of the uncertainty concerning when The Bahamas will render a decision with respect to the specialty, and to simplify the proof at trial and decrease the burden of trial preparation on the defendant, the government is prepared to proceed to trial as scheduled on the counts contained in the original Indictment." The charges in question, derived from the recent superseding indictment, include counts four (derivatives-related fraud impacting FTX customers), six (securities fraud against FTX investors), nine (conspiracy to carry out bank fraud), 10 (conspiracy to operate an unregulated money transmitting business), and thirteen (conspiracy to bribe foreign officials). The remaining charges will be taken to trial in the first quarter of 2024, while the trial for the initial charges is scheduled for this October. Despite attempts by SBF's defence team to dismiss most of these charges, the DOJ has rebutted their arguments. Watch: How can AI revitalise the Metaverse? Download the Yahoo Finance app, available forAppleandAndroid.... - Reddit Posts (Sample): [['u/Ging9tailedjecht', 'Have been skeptical about people saying they pulled a badass card on their first box. But I literally just witnessed my friend open his very 1st box of 3 that he bought from Gamestop and this man pulls the 01/25 Ruby Bitcoin!!! I jumped outta my chair and ran to my house to give him a magnetic case!', 68, '2023-06-30 00:17', 'https://www.reddit.com/r/Currencytradingcards/comments/14mibir/have_been_skeptical_about_people_saying_they/', 'Absolutely insane! He also pulled a MR7 Holofoil from the same box different pack!!', 'https://www.reddit.com/gallery/14mibir', '14mibir', [['u/-Squidster-', 18, '2023-06-30 00:22', 'https://www.reddit.com/r/Currencytradingcards/comments/14mibir/have_been_skeptical_about_people_saying_they/jq1yvrl/', 'That card looks so good. I mean, I know everyone loves the 1As but 1 where the WHOLE card changes color looks SO much better in my opinion then all silver/chrome face.', '14mibir'], ['u/LazyMarine78', 14, '2023-06-30 00:33', 'https://www.reddit.com/r/Currencytradingcards/comments/14mibir/have_been_skeptical_about_people_saying_they/jq20esm/', "I'll give him tree fiddy.", '14mibir'], ['u/-Squidster-', 10, '2023-06-30 00:38', 'https://www.reddit.com/r/Currencytradingcards/comments/14mibir/have_been_skeptical_about_people_saying_they/jq213up/', 'That username though….', '14mibir'], ['u/Ging9tailedjecht', 10, '2023-06-30 01:25', 'https://www.reddit.com/r/Currencytradingcards/comments/14mibir/have_been_skeptical_about_people_saying_they/jq27ks2/', 'Worthless? Lmfao!!!', '14mibir']]], ['u/butterfly-garden', 'My Mommy is a cloaca and my heart is broken', 294, '2023-06-30 01:40', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/', "Is William da Tuxie. *sniff* Today, Mommy putted her black sneakers on. I know what dat means, Mommy is going for her walk. I wasn't worried acause she always does this and she always comes back. \n\nSo, she came home. While she was taking her shoes off, I runned up to her for my welcome home scritch, and dat's when my world fell apart. Mommy smelled like dog. Dog! *sob*\n\nShe told me dat she din't do nuffin', dat da dog was walking wif her daddy and came up to my Mommy. I want to believe her, but her hands AND her shoes smelled like dog. *sob*\n\nSo, my question is dis: WIBTC if I took my brudder Martin and left? I'm willing to risk the tixenfleece and preddors to find a better home.", 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/', '14mkacc', [['u/teapotoccamy', 127, '2023-06-30 01:54', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2bgu3/', "NTC! I tuxie too! (Parsley) \n\nMy mom do dis and it's betray! Aboose! Gotta throw the whole mom in da rain room as punishments. No more snuggies till proper snack apology", '14mkacc'], ['u/Gracelandrocks', 174, '2023-06-30 02:01', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2cfqb/', "OMG, OP, you absolute MONSTER! How could you do such a thing to poor sweet little William! Just look at his wee face, he's shattered! \n\nPS: Carry a small pack of scented wet wipes with you next time so you can indulge your evil random pet petting habits but avoid breaking this gorgeous little man's heart!", '14mkacc'], ['u/WildColonialGirl', 109, '2023-06-30 02:07', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2d8up/', 'Aww, poor William and Martin. NTC but leaving is pretty drastic. Better to punish Mommy by puking where she can step in it, singing the song of your people late at night, and begging for and stealing food. We did all of the above when our moms brought dogs home. We tolerate the dog now but every so often we remind our moms that we were here first. ❤️ Sam and Mouse', '14mkacc'], ['u/PorkrindsMcSnacky', 59, '2023-06-30 02:26', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2fqal/', 'Hey, at least you don’t have to LIVE with one. My mom actually BROUGHT a dog to live with us! Her smell is EVERYWHERE. It’s so gross. Her smell is sometimes even on ME! And no matter how much I lick myself clean, I can still smell her! I wanna puke. In fact, I’m gonna do so right after I write this. \n\nPS: NTC but SHAME SHAME on your mom for bringing dog smell to your house!\n\n-Loki, 13M gray tabby', '14mkacc'], ['u/Macropixi', 47, '2023-06-30 02:28', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2g1dd/', 'When momma smells wike udder nanimals I make stinky sniffy face with lip curl, Den I wefuse! Absowootly wefuse to let momma pet me while she smells wike dat! I don’t eben stick butt in face. Just ignore compwetely!', '14mkacc'], ['u/Sunshine030209', 36, '2023-06-30 02:34', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2gq5z/', 'Floof, 7 year old fluffy tuxedo girl here. \n\nI can not believe the audacity of your mommy! She could have crossed the street when that dog was coming her way. She could have yelled "Ewww! A dog!" And ran away when the icky dog came towards her. So many options!\n\nBut she went ahead and PETTED the stinky thing?! Is she crazy?! \n\nYou might want to get your mommy tested, sounds like she might have that tragic affliction that makes humans want to touch dogs.\n\nMy own humans have fallen victim recently. My daddy\'s mom and dad got a new puppy. They visit it EVERY WEEKEND! They spend ALL of the money that should go to my kibbles and treats on toys and treats for that stinky mutt! Their phones are filled with pictures of that dumb lil pooch, leaving NO room for more pictures of me.\n\nIt\'s tragic.\n\nYou should look into taking your mommy to the human pokey place, see if they will give her shots to get rid of her desire to touch dogs.', '14mkacc'], ['u/Sunshine030209', 34, '2023-06-30 02:36', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2gz2m/', "This is my glorious self, doing a very good grumpy face. I'm sure I was thinking about that puppy when it was taken\n\nhttps://preview.redd.it/m9p6vokiw19b1.jpeg?width=2250&format=pjpg&auto=webp&v=enabled&s=c06d4420152148a4bae94e62a343cea28591e514", '14mkacc'], ['u/Sunshine030209', 31, '2023-06-30 02:37', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2h2g5/', "And this is the little idiot puppy my human slaves are obsessed with. I don't see the appeal myself\n\nhttps://preview.redd.it/7uqoq2hnw19b1.jpeg?width=1534&format=pjpg&auto=webp&v=enabled&s=4e608e13e8af32e419d763232250b480b7f3f7c8", '14mkacc'], ['u/im_always', 24, '2023-06-30 02:58', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2jv4b/', 'this breaks my heart.', '14mkacc'], ['u/LotusGrowsFromMud', 27, '2023-06-30 02:59', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2jzbn/', 'It is I, Queen Susan. Sometimes my Favorite Human pets other animals. But I know that she doesn’t care about them at all. She just pets them because she knows that I like to have new scents to decipher. It is all about making ME happy. Maybe your human is doing this, too, but you had a miscommunication?', '14mkacc'], ['u/FatDesdemona', 26, '2023-06-30 03:09', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2l69b/', "Aim your puke well, Loki! Shoes are great, but I'm sure you'll find an appropriate spot.", '14mkacc'], ['u/ThaneOfCawdorrr', 60, '2023-06-30 03:20', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2mmp6/', 'Ohhhh William, LOOK AT YOUR BROKEN HEARTED FAC! How COULD your mommthur be so wicccked! WHen she saw a dogg, she KNEOUGHS what to do: pin her ears back, hiss-hiss, mak sure the dogg kneoguhs he is NOT WELLCOME!!! NO! NO DOGGS! OHhhh the purrfidy. The betttrayall. The treachhhhury. I hop she can make it up to you with LOTS of tretes and many cuddels and pettungs, and allowing you on the counter. It is only rigt.', '14mkacc'], ['u/butterfly-garden', 81, '2023-06-30 03:21', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2mnlv/', 'It IS betray! So much betray! And...and she owes me BIG snack. Lots of snacks. I go tell her now!', '14mkacc'], ['u/ElizAnd2Cats', 13, '2023-06-30 03:21', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2moc7/', 'Poor sweet William! NTC, obviously.', '14mkacc'], ['u/delta-TL', 23, '2023-06-30 03:25', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2n671/', 'Yes, I Cassidy, Princess Fuzzy Pants, smol brown tabby extraordinaire, like to get smell mail from my momther. I snifs it up, then cover it with my own smell by pressy-facing her fingers.', '14mkacc'], ['u/CZ1988_', 40, '2023-06-30 03:25', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2n6g6/', 'Yes get big snack. Poor William', '14mkacc'], ['u/butterfly-garden', 126, '2023-06-30 03:25', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2n6qk/', 'Mommy here. Scented wet wipes is not a bad idea, lol. Little Raquel is a miniature dachshund who thinks EVERYONE is her friend, lol. I guess I need to get in the habit of cleaning myself up. William looked so betrayed. 😿 I felt awful!', '14mkacc'], ['u/lizbo', 19, '2023-06-30 03:25', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2n8xv/', 'Old Man Bubs here, Handsomest Cat. Oh young buck I... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
30590.08, 30620.77, 31156.44, 30777.58, 30514.17, 29909.34, 30342.27, 30292.54, 30171.23, 30414.47
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin Well EDMONTON, Alberta, June 30, 2023 (GLOBE NEWSWIRE) -- Bitcoin Well Inc. (\x93 Bitcoin Well \x94 or the \x93 Company \x94) ( TSXV:BTCW; OTCQB:BCNWF ), announces a shares for debt arrangement. Shares for Debt The Company plans to issue 1,152,273 Common Shares having an aggregate value of $63,375 related to the balance of the earn-out on the Equibytes acquisition, previously announced on September 8, 2021 . The Common Shares will be issued at a deemed price of $0.055 per Common Share, being equal to the closing trading price of the Common Shares on the TSXV on the date of this news release. The issuance of the Common Shares is subject to the approval of the TSXV, and such Common Shares will be subject to a four-month plus one day hold period pursuant to TSXV policies. About Bitcoin Well Bitcoin Well is in the business of future-proofing money. We do this by making bitcoin useful to everyday people to give them the convenience of modern banking and the benefits of bitcoin. Our existing Bitcoin ATM and Personal Services business unit drives cash-flow to help fund this mission. Join our investor community and follow us on Nostr , LinkedIn , Twitter and YouTube to keep up to date with our business. Bitcoin Well contact information To book a virtual meeting with our Founder & CEO Adam O\x92Brien please use the following link: https://bitcoinwell.com/meet-adam For additional investor & media information, please contact: Tel: 1 888 711 3866 [email protected] Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release . Forward-looking information Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", or the negative thereof and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. Story continues Bitcoin Well actual results could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which Bitcoin Well operates, prevailing economic conditions, and other factors, many of which are beyond the control of Bitcoin Well. Bitcoin Well believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents Bitcoin Well expectations as of the date hereof, and is subject to change after such date. Bitcoin Well disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation. For more information, see the Cautionary Note Regarding Forward Looking Information found in the Bitcoin Well quarterly Management Discussion and Analysis.', 'EDMONTON, Alberta, June 30, 2023 (GLOBE NEWSWIRE) --Bitcoin Well Inc.(“Bitcoin Well” or the “Company”) (TSXV:BTCW; OTCQB:BCNWF), announces a shares for debt arrangement.\nShares for Debt\nThe Company plans to issue 1,152,273 Common Shares having an aggregate value of $63,375 related to the balance of the earn-out on the Equibytes acquisition, previously announced onSeptember 8, 2021. The Common Shares will be issued at a deemed price of $0.055 per Common Share, being equal to the closing trading price of the Common Shares on the TSXV on the date of this news release. The issuance of the Common Shares is subject to the approval of the TSXV, and such Common Shares will be subject to a four-month plus one day hold period pursuant to TSXV policies.\nAbout Bitcoin Well\nBitcoin Well is in the business of future-proofing money. We do this by making bitcoin useful to everyday people to give them the convenience of modern banking and the benefits of bitcoin. Our existing Bitcoin ATM and Personal Services business unit drives cash-flow to help fund this mission.\nJoin ourinvestor communityand follow us onNostr,LinkedIn,TwitterandYouTubeto keep up to date with our business.\nBitcoin Well contact information\nTo book a virtual meeting with our Founder & CEO Adam O’Brien please use the following link:https://bitcoinwell.com/meet-adam\nFor additional investor & media information, please contact:Tel: 1 888 711 [email protected]\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\nForward-looking informationCertain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", or the negative thereof and similar expressions.Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information.\nBitcoin Well actual results could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which Bitcoin Well operates, prevailing economic conditions, and other factors, many of which are beyond the control of Bitcoin Well.\nBitcoin Well believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to becorrectand such forward-looking information should not be unduly relied upon.\nAny forward-looking information contained in this news release represents Bitcoin Well expectations as of the date hereof, and is subject to change after such date. Bitcoin Well disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.\nFor more information, see the Cautionary Note Regarding Forward Looking Information found in the Bitcoin Well quarterly Management Discussion and Analysis.', 'EDMONTON, Alberta, June 30, 2023 (GLOBE NEWSWIRE) --Bitcoin Well Inc.(“Bitcoin Well” or the “Company”) (TSXV:BTCW; OTCQB:BCNWF), announces a shares for debt arrangement.\nShares for Debt\nThe Company plans to issue 1,152,273 Common Shares having an aggregate value of $63,375 related to the balance of the earn-out on the Equibytes acquisition, previously announced onSeptember 8, 2021. The Common Shares will be issued at a deemed price of $0.055 per Common Share, being equal to the closing trading price of the Common Shares on the TSXV on the date of this news release. The issuance of the Common Shares is subject to the approval of the TSXV, and such Common Shares will be subject to a four-month plus one day hold period pursuant to TSXV policies.\nAbout Bitcoin Well\nBitcoin Well is in the business of future-proofing money. We do this by making bitcoin useful to everyday people to give them the convenience of modern banking and the benefits of bitcoin. Our existing Bitcoin ATM and Personal Services business unit drives cash-flow to help fund this mission.\nJoin ourinvestor communityand follow us onNostr,LinkedIn,TwitterandYouTubeto keep up to date with our business.\nBitcoin Well contact information\nTo book a virtual meeting with our Founder & CEO Adam O’Brien please use the following link:https://bitcoinwell.com/meet-adam\nFor additional investor & media information, please contact:Tel: 1 888 711 [email protected]\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\nForward-looking informationCertain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", or the negative thereof and similar expressions.Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information.\nBitcoin Well actual results could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which Bitcoin Well operates, prevailing economic conditions, and other factors, many of which are beyond the control of Bitcoin Well.\nBitcoin Well believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to becorrectand such forward-looking information should not be unduly relied upon.\nAny forward-looking information contained in this news release represents Bitcoin Well expectations as of the date hereof, and is subject to change after such date. Bitcoin Well disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.\nFor more information, see the Cautionary Note Regarding Forward Looking Information found in the **Last 60 Days of Bitcoin's Closing Prices:** [28680.54, 29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-07-01 **Financial & Commodity Data:** - Gold Closing Price: $1921.10 - Crude Oil Closing Price: $70.64 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $594,454,899,188 - Hash Rate: 334845664.7949681 - Transaction Count: 324274.0 - Unique Addresses: 622117.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.59 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: This article originally appeared inFirst Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context.Subscribe to get it in your inbox every day. Bitcoin is up on Thursday after gaining ground late Wednesday alongside a rally in U.S. equity markets on optimism that a debt-ceiling deal will be reached in the upcoming days.The world’s largest cryptocurrency by market value began its rise Wednesday after touching a weekly low of $26,500. At press time, BTC was trading at around $27,400, up 3% on the day. Following a meeting at the White House, U.S. President Joe Biden and Congressmen from both sides of the aisle emphasized their commitment to soon reach a deal to raise the federal government's debt ceiling. Ripple is starting a central bank digital currency (CBDC)platformwhich allows central banks, governments, and financial institutions to issue their own digital currency.Using Ripple's platform, government institutions can manage and customize the entire life cycle of the CBDC, which includes minting, distribution, redemption and token burning. Financial institutions would also be able to manage and participate in inter-institutional settlement and distribution functions using the CBDC. Central banks can issue both wholesale and retail CBDCs, which can make offline transactions as well. The platform is anenhanced versionof Ripple's Private Ledger, which was started in 2021 for issuing CBDCs. Bitcoin Frogs, the newly-launched non-fungible token (NFT) fashioned after frogs, has become themost-traded collectionin the past 24 hours, surpassing even prominent collections such as Bored Apes.Bitcoin Frogs, which launched in late February on Bitcoin Ordinals, reached a trading volume of over $2.2 million, data from CryptoSlam show. The collection describes itself as “10,000 unique frog collectibles minted directly on the Bitcoin Blockchain.” At the time of writing, each NFT was selling for 0.12 bitcoin (BTC), or more than $3,200. Buyers and sellers are paying trading fees ranging from $50 to over $1,200 as of Thursday. • Matrixport's Bitcoin Greed and Fear Index has improved to 39 in the week ended May 17 from 22 in the preceding week. • "The latest reading of 39% is almost jumping above the 21-day moving average (44%) and flipping could signal that short-term traders could expect higher prices when this flipping occurs," Matrixport's daily note said. • U.S. Bitcoin Corp to Host 150K Crypto Mining Rigs • Binance Australia Halts Australian Dollar Bank Transfers • Crypto Perpetuals Exchange DYdX Considering the Launch of More SubDAOs... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
30620.77, 31156.44, 30777.58, 30514.17, 29909.34, 30342.27, 30292.54, 30171.23, 30414.47, 30620.95
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["• Revenue: €8.67m (down 66% from FY 2021).\n• Net loss: €2.41m (down by 118% from €13.4m profit in FY 2021).\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\nLooking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to remain flat.\nPerformance of theGerman Capital Markets industry.\nThe company's shares are up 1.3% from a week ago.\nWhile it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis andyou can see our take on Bitcoin Group's balance sheet.\nHave feedback on this article? Concerned about the content?Get in touchwith us directly.Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature.We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.\nJoin A Paid User Research SessionYou’ll receive aUS$30 Amazon Gift cardfor 1 hour of your time while helping us build better investing tools for the individual investors like yourself.Sign up here", "Bitcoin Group ( ETR:ADE ) Full Year 2022 Results Key Financial Results Revenue: \x808.67m (down 66% from FY 2021). Net loss: \x802.41m (down by 118% from \x8013.4m profit in FY 2021). earnings-and-revenue-growth All figures shown in the chart above are for the trailing 12 month (TTM) period Bitcoin Group Earnings Insights Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to remain flat. Performance of the German Capital Markets industry. The company's shares are up 1.3% from a week ago. Balance Sheet Analysis While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Bitcoin Group's balance sheet. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Join A Paid User Research Session You\x92ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here", "• Revenue: €8.67m (down 66% from FY 2021).\n• Net loss: €2.41m (down by 118% from €13.4m profit in FY 2021).\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\nLooking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to remain flat.\nPerformance of theGerman Capital Markets industry.\nThe company's shares are up 1.3% from a week ago.\nWhile it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis andyou can see our take on Bitcoin Group's balance sheet.\nHave feedback on this article? Concerned about the content?Get in touchwith us directly.Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature.We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.\nJoin A Paid User Research SessionYou’ll receive aUS$30 Amazon Gift cardfor 1 hour of your time while helping us build better investing tools for the individual investors like yourself.Sign up here", 'Jack Dorsey and Elon Musk. Joe Raedle, Michael Gonzalez/Getty Images Jack Dorsey said "running Twitter is hard" as users hit out at Elon Musk for imposing "rate limits." Dorsey said "I don\'t wish that stress upon anyone" after Musk capped how many tweets users can see. Musk said the limits were "temporary" and walked back on the numbers several times on Saturday. Heavy is the head that wears the crown – at least that\'s how it seems Jack Dorsey is feeling. The Twitter co-founder said Saturday that "running Twitter is hard" after Elon Musk sparked a backlash by announcing "rate limits" on viewing tweets. Many users criticized his decision after he announced the sudden changes. "I don\'t wish that stress upon anyone," Dorsey tweeted. "I trust that the team is doing their best under the constraints they have, which are immense. It\'s easy to critique the decisions from afar … which I\'m guilty of … but I know the goal is to see Twitter thrive. It will." Musk said Saturday that Twitter was placing temporary tweet-viewing rate limits restricting how many posts users can see. He blamed the decision on "extreme levels" of data scraping from AI companies. The Twitter CEO informed users of the changes hours after there were more than 13,000 reports of outages of the platform in the US and UK, per DownDetector. Many users got a notification that read: "Sorry, you are rate limited. Please wait a few moments then try again." It came after Musk said Friday that users would need to sign in to view tweets and that it wouldn\'t show tweet preview when links are shared on other platforms. Dorsey also said after the new restrictions were announced that he hopes Twitter will build on "censorship-resistant open protocols" such as Bitcoin, which he said was "good for all, and\xa0critical to preserve the open internet." The former CEO stepped down in November 2021 after leading the company since 2006 and announced Parag Agrawal as his successor, who Musk fired when he acquired Twitter for $44 billion. Story continues Musk walked back on the number of tweets accounts can view a day several times on Saturday. First he said verified accounts could read 6,000 posts per day, while unverified and newly created unverified accounts would be able to see just 600 and 300 posts per day. A few hours later he said it was increasing the rate limits to "8000 for verified, 800 for unverified & 400 for new unverified"\xa0 before changing the rules again and saying "now to 10k, 1k & 0.5k." Twitter did not respond to a request for comment from Insider, as it changed its policy for interacting with the media earlier this year. Read the original article on Business Insider', 'Jack Dorsey and Elon Musk. Joe Raedle, Michael Gonzalez/Getty Images Jack Dorsey said "running Twitter is hard" as users hit out at Elon Musk for imposing "rate limits." Dorsey said "I don\'t wish that stress upon anyone" after Musk capped how many tweets users can see. Musk said the limits were "temporary" and walked back on the numbers several times on Saturday. Heavy is the head that wears the crown – at least that\'s how it seems Jack Dorsey is feeling. The Twitter co-founder said Saturday that "running Twitter is hard" after Elon Musk sparked a backlash by announcing "rate limits" on viewing tweets. Many users criticized his decision after he announced the sudden changes. "I don\'t wish that stress upon anyone," Dorsey tweeted. "I trust that the team is doing their best under the constraints they have, which are immense. It\'s easy to critique the decisions from afar … which I\'m guilty of … but I know the goal is to see Twitter thrive. It will." Musk said Saturday that Twitter was placing temporary tweet-viewing rate limits restricting how many posts users can see. He blamed the decision on "extreme levels" of data scraping from AI companies. The Twitter CEO informed users of the changes hours after there were more than 13,000 reports of outages of the platform in the US and UK, per DownDetector. Many users got a notification that read: "Sorry, you are rate limited. Please wait a few moments then try again." It came after Musk said Friday that users would need to sign in to view tweets and that it wouldn\'t show tweet preview when links are shared on other platforms. Dorsey also said after the new restrictions were announced that he hopes Twitter will build on "censorship-resistant open protocols" such as Bitcoin, which he said was "good for all, and\xa0critical to preserve the open internet." The former CEO stepped down in November 2021 after leading the company since 2006 and announced Parag Agrawal as his successor, who Musk fired when he acquired Twitter for $44 billion. Story continues Musk walked back on the number of tweets accounts can view a day several times on Saturday. First he said verified accounts could read 6,000 posts per day, while unverified and newly cr **Last 60 Days of Bitcoin's Closing Prices:** [29006.31, 28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-07-02 **Financial & Commodity Data:** - Gold Closing Price: $1921.10 - Crude Oil Closing Price: $70.64 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $594,789,120,569 - Hash Rate: 430515854.7363876 - Transaction Count: 309920.0 - Unique Addresses: 534333.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.63 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Stockport, United Kingdom - ( NewMediaWire ) - June 20, 2023 - ( King NewsWire ) - A leading cryptocurrency and asset recovery business, Cybernetics, provides specialized services to assist people in recovering their stolen Bitcoin holdings. Cybernetics has a proven track record and a wealth of experience with a wide range of cases and is well known for its efficient and speedy cryptocurrency recovery solutions. Cybernetics has recently unveiled seamless recovery solutions for its potential users to reclaim their stolen crypto assets. Victims of Bitcoin theft can now rely on Cybernetics, a cutting-edge technology, to effectively recover their stolen digital riches and gain valuable insights on how to get their stolen crypto back. In a recent interview, the chief information officer of Cybernetics Jessica Walker said, "Our mission at Cybernetics is to empower individuals and businesses to regain control of their stolen crypto assets with ease. We understand the distress caused by such incidents and have tailored our solutions to provide a seamless and efficient recovery process." Jessica further said that, "Cybernetics utilizes advanced technologies, industry expertise, and a skilled cybersecurity team to address cryptocurrency theft. With meticulous forensic analysis, digital intelligence, and legal proficiency, the company traces and recovers stolen funds across blockchain networks." The company's commitment to providing competent and efficient recovery services, recognizing the significance of these assets to their clients. The company specializes in assisting victims of both Forex trading and cryptocurrency crimes, ensuring swift response and direct case management for timely and practical results. With a focus on client satisfaction, Cybernetics remains dedicated to offering reliable and effective recovery services for those impacted by asset theft. Cybernetics is dedicated to helping those impacted by crypto trading platform crimes . Through their comprehensive approach, they leverage advanced technologies, industry knowledge, and a team of experienced cybersecurity experts to tackle the complexities of cryptocurrency theft. Their goal is to provide relief and support to individuals affected by such crimes, helping them recover their stolen digital assets and regain control over their financial well-being. With a focus on empowering victims, Cybernetics is committed to restoring trust and security in the cryptocurrency ecosystem. Story continues However, even the most cautious individuals may find themselves falling victim to unfortunate incidents, such as theft or hacking. In such dire situations, turning to crypto recovery services to help get stolen bitcoin back can provide a glimmer of hope. These specialized services utilize cutting-edge technologies and expertise to trace, recover, and restore lost or stolen cryptocurrencies, offering a ray of light in an otherwise disheartening scenario. About Cybernetics: Cybernetics is a cutting-edge technology firm that provides a variety of services to aid cybercrime victims in reclaiming their stolen funds. The company's team of professionals has extensive expertise in identifying and recovering funds from online transactions by employing sophisticated technologies and tactics. Cybernetics is devoted to delivering a trustworthy and transparent service to its customers, and they collaborate closely with financial institutions and law enforcement agencies to ensure that those responsible are held accountable. Media Contact Organization: Cybernetics(TM) Contact Person: Jessica Walker Website: https://cybernetics-services.com/ Email: [email protected] Address: Carpenter Court, 1 Maple Road, Bramhall, Stockport, Cheshire, SK7 2DH. City: Stockport Country: United Kingdom... - Reddit Posts (Sample): [['u/Possible-Magazine23', 'Seeing DCA strategy been discussed a lot. But what about a "ladder-down" limit order strategy? Let me know your thought please!', 62, '2023-07-02 00:31', 'https://www.reddit.com/r/Bitcoin/comments/14o7pvr/seeing_dca_strategy_been_discussed_a_lot_but_what/', 'Hey all,\n\nI\'m trying to come up with a strategy to add some more sats in the 2nd half of the year for the the next bull run. Given I already hold some, I don\'t want to chase any pump or fomo in. So instead of a traditional time-based DCA strategy, I\'m thinking maybe it\'s a better idea to "ladder-down" limit buy orders based on price (don\'t know if there\'s a better name for this). Below is an example.\n\nhttps://preview.redd.it/26bywffnhf9b1.png?width=312&format=png&auto=webp&v=enabled&s=8e3ccfc813d016096de6f2079cc292264cadd3fd\n\nIMO, comparing to DCA, this has at least 2 advantages -\n\n1. I personally view price as risk. This means I only buy when the risk is lower and automatically avoid it when risk is higher.\n2. This allows me to capture the downside volatility, aka "wicks". Those are not very uncommon for BTC and a limit order is basically the only way to capture them.\n\nThere are also 2 disadvantages -\n\n1. If the price goes sideway, I won\'t be able to add any.\n2. Risk of leaving money on an exchange and the opportunity cost of not having it in a safer place where you can get 5%+ now.\n\nI wanted to see what do y\'all think about this? What am I missing? Any thought, comment, or critic is highly appreciated!! \n\nUpdate: Just checked my Strike app and realized now I can do recurring buy using fund pulling by ach from a bank account, instead of depositing it first! This is very good news and makes time-based a bit more attractive!', 'https://www.reddit.com/r/Bitcoin/comments/14o7pvr/seeing_dca_strategy_been_discussed_a_lot_but_what/', '14o7pvr', [['u/99698694444449686999', 17, '2023-07-02 01:14', 'https://www.reddit.com/r/Bitcoin/comments/14o7pvr/seeing_dca_strategy_been_discussed_a_lot_but_what/jqbh5o6/', 'If you have infinite amount of money, then yes, you will win on distance. Otherwise, read this article first:\n\nhttps://en.m.wikipedia.org/wiki/Martingale_(probability_theory)', '14o7pvr'], ['u/fireyproof', 16, '2023-07-02 02:01', 'https://www.reddit.com/r/Bitcoin/comments/14o7pvr/seeing_dca_strategy_been_discussed_a_lot_but_what/jqbn0sq/', "Nothing worse than sitting on the sidelines watching it pump. You know it's unfathomably valuable and these prices are a bargain.", '14o7pvr'], ['u/Beautiful_Bass_3060', 13, '2023-07-02 02:31', 'https://www.reddit.com/r/Bitcoin/comments/14o7pvr/seeing_dca_strategy_been_discussed_a_lot_but_what/jqbqjtf/', 'Literally any strategy works so long as you buy low', '14o7pvr'], ['u/Hank___Scorpio', 30, '2023-07-02 02:45', 'https://www.reddit.com/r/Bitcoin/comments/14o7pvr/seeing_dca_strategy_been_discussed_a_lot_but_what/jqbs4tx/', 'I do a combination of the two. I dca weekly and then when my emergency fund becomes 150% of my target I ship that 50% to an exchange.\n\nI market buy immediately with 10% and then set 9 limit orders laddered down. If none hit, I clear them and repeat with another market buy and then 8 limit orders. Repeat until that money is exhausted.\n\nI usually use 2-4 weeks as my reset timer.', '14o7pvr'], ['u/berepere', 15, '2023-07-02 05:14', 'https://www.reddit.com/r/Bitcoin/comments/14o7pvr/seeing_dca_strategy_been_discussed_a_lot_but_what/jqc8e1u/', 'two obvious risks (compared to DCA)\n\n\\- some orders never get executed, OR\n\n\\- all orders are executed quickly and the price is much lower', '14o7pvr'], ['u/joannew99', 13, '2023-07-02 05:21', 'https://www.reddit.com/r/Bitcoin/comments/14o7pvr/seeing_dca_strategy_been_discussed_a_lot_but_what/jqc97ek/', "Whatever works for you. I think it's a bit of overthinking though. When the price of BTC is $70k+ it won't really matter that you bought at $27k instead of $30k. And if the price of BTC starts running to $35k+, you will probably end up cancelling your ladder orders to FOMO in.\n\nPersonally, I buy now and forget about it.", '14o7pvr']]], ['u/experiencenonsense', "Why I don't waste my time debating with crypto proponents anymore", 87, '2023-07-02 01:07', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/', 'In my opinion, many of them are willfully ignorant, intellectually dishonest and purposely deceptive people. They never argue in good faith and love to jump from on predictable talking point to another. These people function more like cultists and religious apologists than technology proponents. \n\nBefore you even debate a point with them, you already know how the whole discussion will go. \n\nIt\'s always the same old stupid apologetics and dumb arguments all the time\n\n- "Bitcoin isn\'t bad for the environment - it actually incentivizes renewables!" \n- "Bitcoin isn\'t a greater fool asset - I can send it from wallet to another" (this is an actual argument from a big time bitcoin influencer) \n- "Bitcoin isn\'t negative sum game because it\'s sound money"\n- "But what about the stock market!"\n- "Fiat is programmed to go to zero!"\n- "Crypto represents freedom, self sovereignty and ownership! No one can ever take my crypto from me!"\n - "blah blah blah"\n\nIt\'s mentally exhausting explaining why they\'re wrong and honestly stupid to think the things they do. \n\nThere is one good thing that happened though, there was one guy that I went back and forth with for a few days. Mostly discussing how Bitcoin is a decentralized or a headless ponzi. Explained how all the realised profits only come from other speculators and how it\'s impossible for everyone to profit and explained how it\'s a greater fool asset. The guy really didn\'t have a good rebuttal. I mean how could he? Was he going to prove how Bitcoin was positive sum game? \n\nAnyways, the argument started going in circles. I summed up my points and left it at that. A few months later I see the same guy in another post saying Bitcoin is a ponzi and repeating some of the points I made almost verbatim. Sent him a message and had a nice friendly chat with dude. Felt wholesome. \n\nSo there\'s that I guess. \n\nWhat about you guys? Do you still debate with crypto people? Do you see any value debating and discussing crypto with enthusiasts?', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/', '14o8jcx', [['u/Potential-Coat-7233', 53, '2023-07-02 01:10', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/jqbgnz4/', 'Outside of crypto, if someone is 100% sure of something and wants to have a conversation about it, they are most likely only concerned with bringing you to their position.\n\nI’m not 100% sure about most things.', '14o8jcx'], ['u/Mongorize', 19, '2023-07-02 01:26', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/jqbiq72/', 'I’m with you on that. It’s actually like trying to debate with intellectually challenged Children. I just don’t engage anymore with them for two reasons:\n\n1) There’s no point as they’re far beyond brainwashed it’s just pointless\n\n2) I’m banned from all their subs because they don’t like it when you point out their scams', '14o8jcx'], ['u/experiencenonsense', 18, '2023-07-02 01:29', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/jqbj2sz/', "Just mentally burnt out I guess. Keep hearing all the same nonsensical talking points again and again. \n\nHow many times and how many different ways can you explain why crypto is all just a bunch of bullshi pretending to be advanced technology and a financial revolution when it's really just a bunch of scams and gambling on inefficient poop.\n\n🤷\u200d♂️ I don't know. Just venting.", '14o8jcx'], ['u/Motor_Reputation_331', 18, '2023-07-02 02:05', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/jqbnhry/', 'Tbh I don’t know a single person in real life that still cares about crypto and I don’t use other social media outside Reddit, so if it wasn’t for this site I would assume that no one cared anymore at all. \n\nAs far as I’m concerned crypto isn’t something to debate it’s just something to laugh at, it’s just unfortunate how much damage it’s doing to the environment before people finally let it die.', '14o8jcx'], ['u/AsteriAcres', 19, '2023-07-02 03:05', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/jqbudmy/', "Yes! This! I'm begging folks to ORGANIZE & ACTIVATE against them instead of trying to reason or debate with them. \n\nIf you're in Texas, please consider joining the Texas Coalition Against Cryptomining & everywhere else should join or support the National Coalition Against Cryptomining.", '14o8jcx'], ['u/halloweenjack', 14, '2023-07-02 04:01', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/jqc0n47/', 'If someone can watch Dan Olson\'s "Line Goes Up" or even spend about ten minutes or so going through Molly White\'s Web3 Is Going Just Great and still support crypto, then they\'re not worth wasting my time on. If they can\'t be bothered to do even that with an open mind, then they\'re definitely not worth my time. Legit businesses and investment opportunities don\'t shun criticism; cults have a plethora of ways of deflecting it. Everyone should know by now what happens when you put your tongue on the metal pole in freezing weather.', '14o8jcx'], ['u/experiencenonsense', 16, '2023-07-02 17:04', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/jqdzqyo/', 'Yeah Dan Olson\'s video was what did it for me. Actually I was so brainwashed at that point, that I didn\'t even watch it at first but immediately searched for "Dan Olson Debunked" ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
31156.44, 30777.58, 30514.17, 29909.34, 30342.27, 30292.54, 30171.23, 30414.47, 30620.95, 30391.65
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin traded little changed and Ether gained on Monday morning in Asia, with prices of most other top 10 non-stablecoin cryptocurrencies mixed. Solana added to gains after a slump that followed it being labeled a security by the U.S. financial regulator. Litecoin led winners, still riding the optimism of being included in the tokens trading on the Wall Street-backed EDX Markets exchange that opened on June 20.\nBitcoin added 0.41% to US$30,730.25 over the last 24 hours to 6:30 a.m. in Hong Kong, according to CoinMarketCapdata. After a jump that followed a raft of Bitcoin spot exchange-traded fund (ETF) applications in the final weeks of June, the world’s largest cryptocurrency by market capitalization has lost direction, adding just 0.61% over the past seven days.\nThe U.S. regulator that approves ETFs, the Securities and Exchange Commission (SEC), on Friday indicated it was unimpressed by the Bitcoin ETF applications by financial heavyweights such asBlackrockandFidelity Investments, according to areportby the Wall Street Journal.\nEther, the world’s second biggest token by market capitalization, added 1.49% to US$1,954.67.\xa0 It’s gained 2.65% for the seven days.\nSolana was among the gainers in mixed early Asia trading for other top 10 non-stablecoin cryptocurrencies by market capitalization. The token rose 5.48% to US$19.43 for a weekly gain of 14.47%.\nSolana is rallying after a raft of bearish indicators last week, with Solana-based non-fungible token (NFT) protocol Cardinal saying it wasshutting down, citing “macroeconomic challenges.” The Revolut neobank and crypto exchange also reportedlytoldU.S.-based users last Wednesday that it will delist Solana, along with Cardano and Polygon.\nThe three tokens were among cryptocurrencies that the SEC named as illegally issued financial securities in itslawsuitfiled last month against the Coinbase and Binance.US exchanges.\nVitalik Buterin, the creator of Ethereumwroteon Twitter on Friday that the tokens don’t deserve to be targeted.\xa0 “If ethereum ends up “winning” through all other blockchains getting kicked off exchanges, that’s not an honorable way to win, and in the long term probably isn’t even a victory.”\nLitecoin led the gainers with a 6.37% increase in the last 24 hours to US$112.96. The token surged 27.98% in the past seven days.\nLitecoin, which was created in 2011 as a hard fork to Bitcoin, was one of the four tokens selected to trade on the EDX Markets exchange, which is backed by Citadel Securities and Fidelity Investments. The other tokens are Bitcoin, Ether and Bitcoin Cash. The New Jersey-based EDX opened for business despite thecrackdownon crypto from U.S. regulators.\nThe California-based crypto exchange Kraken wasorderedby a U.S. judge on Friday to submit information about its users to the Internal Revenue Service in an investigation of underreported tax liabilities. The crypto exchange wasfinedUS$30 million in February by the SEC for its staking services, which the federal agency said were an offering of unregistered securities.\nOther crypto movers included Tron, which dipped 1.85% to US$0.07572, but gained 3.31% for the week. Binance’s BNB token edged down 0.31% to US$247.13, and Cardano’s ADA fell 0.13% to US$0.2905.\nThe total cryptocurrency market cap edged up 0.02% to US$1.2 trillion, with trading volume dropping 7.54% to US$27.26 billion, according to CoinMarketCap data.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, the Forkast 500 NFT index fell 1.49% to 2,910.36 in the 24 hours to 7:30 a.m. in Hong Kong. The index is down 4.59% for the week.\nTotal NFT trading volume dipped 9.68% to US$28.3 million, while volume on Ethereum rose 3.12% to US$22.3 million.\n“Brutal weekend for NFTs,” said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News. “It might be easy to point to Azuki’s Elementals mint as the catalyst still, but lowering average sales and floor prices in top collections prior to Elementals mint showed that we were on the cusp of another free fall.”\nThe AzukiElementalscollection began minting last Tuesday and sold out in 15 minutes, but left collectors disappointed as the latest collection looked almost the same as the original.\nAzuki founder Alex Xu, who goes by the moniker Zagabond, met with its community last Thursday to address complaints about the mint and Elementals issued a public apology onTwitter, saying they “missed the mark” and that the new release diluted the value of the popular collection.\nEthereum-based Bored Ape Yacht Club NFTs topped the volume ranking on Cryptoslam at US$3.87 million. Another Ethereum-based collection, The Captainz, came in at second place with US$2.3 million.\nOver the weekend, the Memeland team behind The Captainz NFTs,revealedtheir PFPs or Profile Picture art upgrades for the collection but met with mixed to negative response. “Most negative responses to the art came from people who were unaware that the art would be upgradeable with purchasable traits,” Petscher explained. “Without these traits the base characters are nearly identical, which caused some confusion in the NFT community.”\nU.S. stock futures werelittle changedas of 10:20 a.m. in Hong Kong. Dow Jones Industrial Average futures edged down 0.029%, S&P 500 futures dipped 0.011%, while Nasdaq Futures added 0.068%.\nU.S. equities rallied during regular trading on Friday, the last day of the first half of 2023, though face disruptions to trading this week with limited trading hours on Monday and the July 4 public holiday on Tuesday when equity markets will be closed.\nEconomic indicators to come this week include US manufacturing activity on Monday as well as a monthly jobs report on Friday. Tesla Inc.’s Sundayannouncementof record-breaking vehicle sales in the second quarter is a bullish factor for investors.\nJapan equities on Monday gained on the coattails of the Friday rally on Wall Street, with technology stocksleading the gainsin Tokyo.\nIn China manufacturingslowed, but by less than expected. Both purchasing managers’ Indices in Taiwan and South Korea also showed manufacturing contraction.\nOn Wednesday, U.S. Treasury Secretary Janet Yellen is traveling to China in an effort to try andimprovecommunications and the frosty ties between the world’s two largest economies.\nInvestors are expecting more interest rate hikes this year in the U.S. following reiterated warnings from Fed Chair Jerome Powell in speeches last week in Europe that inflation has yet to be brought under control.\nU.S. interest rates are now between 5% and 5.25%, the highest since 2006. The CME FedWatch Tool predicts an 87.4% chance for a 25-basis-point rate hike at the Fed’s next meeting on July 26 and predicts only a 12.6% chance the Fed will leave rates unchanged.\n(Updates to add equities section)', 'Bitcoin traded little changed and Ether gained on Monday morning in Asia, with prices of most other top 10 non-stablecoin cryptocurrencies mixed. Solana added to gains after a slump that followed it being labeled a security by the U.S. financial regulator. Litecoin led winners, still riding the optimism of being included in the tokens trading on the Wall Street-backed EDX Markets exchange that opened on June 20.\nBitcoin added 0.41% to US$30,730.25 over the last 24 hours to 6:30 a.m. in Hong Kong, according to CoinMarketCapdata. After a jump that followed a raft of Bitcoin spot exchange-traded fund (ETF) applications in the final weeks of June, the world’s largest cryptocurrency by market capitalization has lost direction, adding just 0.61% over the past seven days.\nThe U.S. regulator that approves ETFs, the Securities and Exchange Commission (SEC), on Friday indicated it was unimpressed by the Bitcoin ETF applications by financial heavyweights such asBlackrockandFidelity Investments, according to areportby the Wall Street Journal.\nEther, the world’s second biggest token by market capitalization, added 1.49% to US$1,954.67.\xa0 It’s gained 2.65% for the seven days.\nSolana was among the gainers in mixed early Asia trading for other top 10 non-stablecoin cryptocurrencies by market capitalization. The token rose 5.48% to US$19.43 for a weekly gain of 14.47%.\nSolana is rallying after a raft of bearish indicators last week, with Solana-based non-fungible token (NFT) protocol Cardinal saying it wasshutting down, citing “macroeconomic challenges.” The Revolut neobank and crypto exchange also reportedlytoldU.S.-based users last Wednesday that it will delist Solana, along with Cardano and Polygon.\nThe three tokens were among cryptocurrencies that the SEC named as illegally issued financial securities in itslawsuitfiled last month against the Coinbase and Binance.US exchanges.\nVitalik Buterin, the creator of Ethereumwroteon Twitter on Friday that the tokens don’t deserve to be targeted.\xa0 “If ethereum ends up “winning” through all other blockchains getting kicked off exchanges, that’s not an honorable way to win, and in the long term probably isn’t even a victory.”\nLitecoin led the gainers with a 6.37% increase in the last 24 hours to US$112.96. The token surged 27.98% in the past seven days.\nLitecoin, which was created in 2011 as a hard fork to Bitcoin, was one of the four tokens selected to trade on the EDX Markets exchange, which is backed by Citadel Securities and Fidelity Investments. The other tokens are Bitcoin, Ether and Bitcoin Cash. The New Jersey-based EDX opened for business despite thecrackdownon crypto from U.S. regulators.\nThe California-based crypto exchange Kraken wasorderedby a U.S. judge on Friday to submit information about its users to the Internal Revenue Service in an investigation of underreported tax liabilities. The crypto exchange wasfinedUS$30 million in February by the SEC for its staking services, which the federal agenc **Last 60 Days of Bitcoin's Closing Prices:** [28847.71, 29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-07-03 **Financial & Commodity Data:** - Gold Closing Price: $1921.70 - Crude Oil Closing Price: $69.79 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $597,278,836,700 - Hash Rate: 344916211.10459125 - Transaction Count: 328114.0 - Unique Addresses: 655439.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.62 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The Ethereum ecosystem finds itself in the throes of a controversy surrounding the outsized footprint one of its staking pools, Lido Finance (LDO), has on the overall network. “Centralization concerns around LSD’s are well-founded” began a tweet by founder of The Daily Gwei and independent Ethereum educator, Anthony Sassano. He added: “If my fellow Ethereans want Lido dominance to go down, then they need to create and promote better liquid staking protocols.” Many of my fellow Ethereans are going to hate me for this tweet, but it needs to be tweeted. Centralization concerns around LSD's are well-founded and I agree with a lot of them but the solutions presented often leave a lot to be desired (particularly putting too much emphasis… — sassal.eth 🦇🔊 (@sassal0x) June 1, 2023 The current controversy surrounding the Ethereum ecosystem refers to liquid staking derivatives, or LSDs, particularly with Lido Finance . Liquid staking refers to depositing Ethereum in a protocol that then pools it with other user deposits and stakes the ETH on their behalf. In return, users get another token representing their staked position which accumulates its own rewards. In Lido’s case, users receive Staked Ethereum, or stETH. Ethereum Staking Tokens Lido, Rocket Pool Soar Double Digits on the Week The threat at hand is the current market dominance of Lido, which currently accounts for 74% of all LSDs according to DeFi Llama . The pool contains more than 7 million ETH, worth approximately $13 billion dollars—and it has grown by 12% over the past thirty days. “The problem is that centralization is easy ”, pseudonymous Ethereum Beacon Chain community manager Superphiz told Decrypt. He added that the current situation with Lido is risky because although [a staking provider] “can not halt the chain or prevent transactions, it is still a critical threat to the social decentralization of the chain.” Story continues Another concern are the aforementioned LSDs, derivatives which are created on top of the staked ETH. Derivatives, in finance, refer to an instrument that derives its value from another asset. They are used to further speculate on any given asset, in this case ETH. Call to action on this likely to be when LIDO or big competitor faces gov action and starts censoring to avoid criminal charges. I’ll be very impressed if ethereum community can mitigate the centralizing before that happens. — Ari Paul ⛓️ (@AriDavidPaul) June 1, 2023 Ari Paul, founder of BlockTower Capital, said on Twitter the main problem with this degree of centralization is “when Lido faces government action and starts censoring to avoid criminal charges.” His concerns echo discussion around centralization last year, before the Ethereum merge. At the time, the worry was that centralized entities would block certain transactions, like wallets that had interacted with US-sanctioned Ethereum mixer Tornado Cash . Paul added that he would be “very impressed” if the Ethereum community can mitigate this centralization. But there are further concerns, written by none other than the Ethereum Foundation itself. In a blog post, The Risks of LSD , the foundation writes that if LSD exceed consensus thresholds, they could create “block space cartels.” These cartels can achieve outsized profits thanks to their coordinated maximal extractable value ( MEV ) extraction, block timing manipulation, and censorship. Coinbase Backs Tornado Cash Lawsuit Against U.S. Treasury Put plainly: The bigger any one pooled staking "cartel" becomes, the more rewards it earns, and the greater the incentive for users to pool their funds with that provider. Unfortunately, not staking through a pool carries huge disincentives, according to Ethereum core developer and co-author of EIP-1559, Eric Conner. "Solo staking experience is a nightmare” he said, adding he doesn’t blame anyone for going straight to LSDs. Everyone being champions for LSD and client diversity. I’m going to be the champion that bluntly tells everyone solo staking experience is a nightmare and I don’t blame anyone for just saying fuck it and going to LSDs. We have to fix the UX of solo staking! — eric.eth (@econoar) June 1, 2023 Solo staking can be a daunting task, which is why many use platforms like Lido. It requires 32 ETH, or approximately $60,500 dollars, plus a fair amount of technical knowledge. Maintaining a validator node requires certain pieces of hardware, an understanding of key management, and mitigating the risks of going offline because downtime could mean paying penalties. He added that Ethereum needs to fix the UX of solo staking, thanking Dappnode for making it “ as easy as 1 click .” The company sells "no technical knowledge required" hardware that people can use to set up Ethereum or Bitcoin nodes at home and maintains free open source software for a more DIY approach. Conner singled them out as “the only one doing something about it.” “I want to see action” was Sassano’s ending note on Twitter. He added that “everyone who is building an LSD or part of an LSD community this is a call to action for you - it's time to kick it into high gear and eat Lido's breakfast, lunch, and dinner (and second dinner).”... - Reddit Posts (Sample): [['u/wtfCraigwtf', 'Does "Hashrate Follow Price"? Do Crypto Miners Truly Make Rational Choices?', 16, '2023-07-03 03:30', 'https://www.reddit.com/r/btc/comments/14p581h/does_hashrate_follow_price_do_crypto_miners_truly/', 'Most crypto OGs will tell you that "Mining Hashrate Follows Price", and this is generally regarded as axiomatic in the crypto mining space. I\'d like to challenge this notion and I hope to stimulate a healthy debate on the subject. I believe that Mining Choice is more **arbitrary** than people realize due to **bounded rationality** and **information asymmetry** . Let\'s examine the BTC mining since as it\'s by far the biggest portion of the mining space.\n\nIt\'s logical that a miner will make a rational choice which coin to mine in order to maximize their profits, so that their operation remains sustainable, but\n\n* **Can BTC price be predicted reliably to make a choice which generates sustainable profit?**\n\nMost readers here are familiar with the massive inefficiencies and mind-blowingly stupid decisions involved in the use, development, and mining of BTC. BTC mining uses astronomical quantities of energy to create tiny blocks which are now being filled with pointless dickbutt pictures. BTC price likely exceeds its value by orders of magnitude given it\'s low fungibility and usability, and externalities like high fees and long confirmation times. Regulatory uncertainty plagues the crypto space, governments are salivating about bans, prices yo-yo up and down constantly, exchanges are fly-by-night outfits, and coins are hacked and stolen almost daily. Crypto is the Wild West, and no one knows what will happen, much less what the price will be in the future.\n\nLogical debate about what cryptocurrency is and will be in the future is routinely censored. Most BTC cult followers have a low level of intellect and/or are completely bamboozled by ludicrous propaganda. Billionaires like Michael Saylor and Mike Novogratz fall for the same silly narratives (and likely have their own dystopian intentions), and invest their hoards into BTC. The actions of everyone in the entire space determine the price of BTC, yet 90% of BTC users don\'t even hold their coins. Lest we forget, cryptocurrency is STILL AN EXPERIMENT which is less than 20 years old. What appears to be a Nash Equilibrium in BTC could collapse at any second in an EMP attack. Against a backdrop of a highly unstable global banking system, the spectre of fiat hyperinflation, the likely beginning of WWIII, and with a totalitarian surveillance state looming, uncertainty about crypto is off the charts.\n\nTherefore it\'s not a stretch to conclude that **Crypto Mining is NOT Rational Behavior.** It\'s a **speculative** **venture in a brand new technological financial space**. Many fortunes have been made and lost in crypto mining, and it\'s entirely possible that the winners were simply **luckier** than the losers. Crypto mining by nature is deeply speculative and risky. Surely the massive windfalls of the OG Bitcoiners motivates miners to this day, but **past performance does not predict future results**.\n\n* **Does a miner need to be profitable, or may they have another motivation?**\n\nMining BSV isn\'t profitable, the entire BSV ecosystem was created by a gambling billionaire whose criminal charges were mysteriously dropped and a serial fraudster who lies pathologically to judges around the world about inventing Bitcoin. The coin isn\'t used by anyone, the transactions are generated using bots, and mining is likely subsidized by the founders and *whoever* gave them $100 million+. Any BSV miners who was acting rationally could immediately switch to mining BCH or BTC for 3x the profits, yet they don\'t.\n\n* **Are short-term gains more important than long-term gains?**\n\nWe\'ve all heard about SHA256 miners who automagically switch between mining BTC and BCH due to the broken difficulty adjustment in BTC. But why didn\'t half of BTC\'s hashrate switch to mining BCH last month when BCH price TRIPLED? If those miners were rational, they would\'ve mined BCH for a week or two before BTC diff adjusted, and traded the BCH they mined for BTC. BCH hashrate did double, but it didn\'t keep up with BCH price. BTC difficulty did adjust downward to mid-June levels, but not enough to keep miners on BTC at today\'s BCH prices. It\'s likely that their calculations involve predictions about longer-term price moves rather than short-term fluctuations.\n\n* **How does mining centralization affect miner choices and profits?**\n\nIf only one entity mined BTC, they could shut down 99.99% of their miners and the BTC network would still function. That miner would make astronomical profits for the near term, but the entire BTC space would need to trust that entity, and governments would likely shut it down or seize it immediately. There is a constant drive to monopolize mining, and over the long term this can figure into the calculation of what is rational much more than daily or monthly price metrics. But making massive profits by capturing mining is not the only reason to establish a monopoly: if and when **governments move to monopolize crypto mining, cost won\'t be an obstacle, and profit won\'t be a motivator**.\n\n**For these reasons I believe hashrate does NOT** ***necessarily*** **follow price.**\n\nEDITS, Well this has been a good thread, here are some updates.\n\nReally the question we\'re asking is "TO WHAT DEGREE does hashrate follow price"? The answer is surely on a spectrum rather than a black and white "yes" or "no". Jonathan has provided some nice stats which show that BTC and BCH hashrates are fairly closely correlated with that trading pair (rather than vs USD or other fiat). To me this implies that miners DO make calculations fairly often to optimize their SHORT-TERM profits. As to whether this is rational remains to be seen. \n\nWe haven\'t talked about shitcoin mining, there are thousands of coins that are mostly mined by hobbyists in their garages. These are people who have a variety of reasons to mine other than profit. Perhaps their hardware has become obsolete in the mining arms race, they simply enjoy running a lot of computers and being geeks, or possibly they do truly believe that someday their shitcoins will be worth billions. ', 'https://www.reddit.com/r/btc/comments/14p581h/does_hashrate_follow_price_do_crypto_miners_truly/', '14p581h', [['u/jtoomim', 14, '2023-07-03 07:02', 'https://www.reddit.com/r/btc/comments/14p581h/does_hashrate_follow_price_do_crypto_miners_truly/jqgxe8m/', "> Are short-term gains more important than long-term gains?\n\nFor a miner? Yes. If a miner can get 10% more USD worth per day per 100 TH/s by mining BTC than by mining BCH, and if they believe that BCH's long-term future is better than BTC's, then (if they're rational) that miner will mine BTC and immediately sell/trade it for BCH. They will get 10% more BCH this way than if they mined BCH directly.", '14p581h'], ['u/jtoomim', 12, '2023-07-03 07:10', 'https://www.reddit.com/r/btc/comments/14p581h/does_hashrate_follow_price_do_crypto_miners_truly/jqgy37s/', "> Mining BSV isn't profitable\n\nActually, most of the time, mining BSV is [just as profitable](https://sv.coin.dance/blocks/profitability) as mining BTC. There are occasions on which there's more hashrate mining BSV than is rational for a non-interested party, and this is likely because Calvin Ayre and Coingeek get an external benefit from propping up BSV's hashrate due to their large BSV holdings. But for the majority of BSV's history, its mining profitability has been at parity with BCH and BTC.\n\n> Any BSV miners who was acting rationally could immediately switch to mining BCH or BTC for 3x the profits, yet they don't.\n\nNo, the profitability advantage for mining BTC instead of BSV [is currently](https://coin.dance/#profitability) ~~10%~~ ~~4.7%~~ 1.8%, not 3x.\n\nYou're right that miners occasionally have reasons other than straight profitability for choosing which chain to mine on, and BSV is an example of that. As a long-run scam coin, BSV's hashrate has often been propped up by its creators in order to facilitate their pump-and-steal-Satoshi's-coins-and-dump scheme.\n\nBut you're wrong in both the magnitude of these effects (off by about 40x for BSV), and you're wrong in thinking that these effects are relevant to BCH or BTC outside of hard fork/chainsplit/hash war circumstances.", '14p581h'], ['u/jtoomim', 21, '2023-07-03 07:21', 'https://www.reddit.com/r/btc/comments/14p581h/does_hashrate_follow_price_do_crypto_miners_truly/jqgz1dq/', "If hashrate doesn't necessarily follow price, why is it that the profitabilities per TH/s for mining BTC and for mining BCH are almost always within a few percent of each other?\n\nhttps://cash.coin.dance/blocks/profitability\n\nYou seem to have gotten yourself confused with a lot of long-winded argumentation. Empirically speaking, the hashrate-follows-price relationship is quite strong.", '14p581h']]], ['u/Paragon_Voice', 'Bitcoin Inheritance for Descendants', 13, '2023-07-03 04:18', 'https://www.reddit.com/r/Bitcoin/comments/14p68c6/bitcoin_inheritance_for_descendants/', "What is the safest and most secure way to make sure the Bitcoin I've accumulated can be handed down to my children. I do not want to have to trust any 3rd party.\n\nI want to make a stipulation on being able to obtain their inheritance that they must have read The Bitcoin Standard, and the Bitcoin Whitepaper as required reading.\n\nBut ultimately, I need to make sure that my keys can be transferred to my children when I kick the bucket.\n\nSuggestions?", 'https://www.reddit.com/r/Bitcoin/comments/14p68c6/bitcoin_inheritance_for_descendants/', '14p68c6', [['u/VaporWavey420', 31, '2023-07-03 04:28', 'https://www.reddit.com/r/Bitcoin/comments/14p68c6/bitcoin_inheritance_for_descendants/jqghkg8/', 'Send them on a wild scavenger hunt across the globe to find your keywords with hopes that ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
30777.58, 30514.17, 29909.34, 30342.27, 30292.54, 30171.23, 30414.47, 30620.95, 30391.65, 31476.05
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Xinhua/Wang Ying/ Getty Images US stocks gained in a shortened day of trading on Monday ahead of Independence Day. The S&P 500 surged 16% in the first half of the year, and investors are hoping to extend those gains into the second half. Tesla stock surged as much as 9% after the company announced second-quarter deliveries that beat analyst estimates. US stocks edged higher on Monday in a shortened day of trading ahead of Tuesday\'s Independence Day. The stock market closed at 1 p.m. on Monday, and will be closed on Tuesday. The S&P 500 surged 16% in the first half of the year, while the Nasdaq 100 was up almost 39%. Investors are hoping to extend those gains into the second half of the year, looking to avoid too much turbulence in the face of recession forecasts and the prospect of more tightening by the Federal Reserve. Fundstrat\'s Tom Lee raised his year-end S&P 500 price target to 4,825 on Monday. The ardent market bull said the Fed is wining the war on inflation, which will give the central bank room to pull back on its aggressive policy. Here\'s where US indexes stood at the 1:00 p.m. ET close on Monday: S&P 500 : 4,455.59, up 0.12% Dow Jones Industrial Average : 34,418.47, up 0.03% (10.87 points) Nasdaq Composite : 13,816.77, up 0.21% Here\'s what else happened today: Not all investors are feeling bullish. PIMCO CIO Dan Ivascyn is warning about a "harder landing" for the global economy and arguing that investors are too bullish about central banks\' inflation fight. Tesla stock surged nearly 6% after the company announced second-quarter deliveries that beat analyst\'s most bullish expectations. The company delivered 466,000 vehicles in the quarter. Wedbush analyst Dan Ives said Tesla\'s recent price cuts were a "smart poker move" that helped the company make record deliveries in the quarter. Wharton professor Jeremy Siegel said the bull run in stocks can go on for a lot longer even as the Fed wages a "war on growth." Indian oil refiners are beginning to use China\'s yuan instead of the US dollar to buy crude oil from Russia. Story continues In commodities, bonds and crypto: West Texas Intermediate crude oil fell 0.52% to $70.27 per barrel. Brent crude , oil\'s international benchmark, dropped 0.36% to $75.14. Gold jumped 0.11% to $1,931.60 per ounce. The yield on the 10-year Treasury was flat at 3.85%. Bitcoin rose 1.25% to $31,002, while ether jumped 1.22% to $$1,960. Read the original article on Business Insider', '• US stocks gained in a shortened day of trading on Monday ahead of Independence Day.\n• The S&P 500 surged 16% in the first half of the year, and investors are hoping to extend those gains into the second half.\n• Tesla stock surged as much as 9% after the company announced second-quarter deliveries that beat analyst estimates.\nUS stocks edged higher on Monday in a shortened day of trading ahead of Tuesday\'s Independence Day. The stock market closed at 1 p.m. on Monday, and will be closed on Tuesday.\nTheS&P 500surged 16% in the first half of the year, while theNasdaq 100was up almost 39%. Investors are hoping to extend those gains into the second half of the year, looking to avoid too much turbulence in the face of recession forecasts and the prospect of more tightening by the Federal Reserve.\nFundstrat\'s Tom Leeraised his year-end S&P 500 price target to 4,825 on Monday.The ardent market bull said the Fed is wining the war on inflation, which will give the central bank room to pull back on its aggressive policy.\nHere\'s where US indexes stood at the 1:00 p.m. ET close on Monday:\n• S&P 500:4,455.59, up 0.12%\n• Dow Jones Industrial Average:34,418.47, up 0.03% (10.87 points)\n• Nasdaq Composite:13,816.77, up 0.21%\nHere\'s what else happened today:\n• Not all investors are feeling bullish.PIMCO CIO Dan Ivascyn is warning about a "harder landing"for the global economy and arguing that investors are too bullish about central banks\' inflation fight.\n• Tesla stock surged nearly 6%after the company announced second-quarter deliveries that beat analyst\'s most bullish expectations. The company delivered 466,000 vehicles in the quarter.\n• Wedbush analystDan Ives said Tesla\'s recent price cuts were a "smart poker move"that helped the company make record deliveries in the quarter.\n• Wharton professor Jeremy Siegel saidthe bull run in stocks can go on for a lot longereven as the Fed wages a "war on growth."\n• Indian oil refinersare beginning to use China\'s yuan instead of the US dollar to buy crude oilfrom Russia.\nIn commodities, bonds and crypto:\n• West Texas Intermediate crudeoil fell 0.52% to $70.27 per barrel.Brent crude, oil\'s international benchmark, dropped 0.36% to $75.14.\n• Goldjumped 0.11% to $1,931.60 per ounce.\n• The yield on the 10-year Treasury was flat at 3.85%.\n• Bitcoin rose 1.25% to $31,002, while ether jumped 1.22% to $$1,960.\nRead the original article onBusiness Insider', 'Bitcoin climbed above US$31,000 in Tuesday morning trading in Asia after Blackrock refiled a Bitcoin exchange-traded fund (ETF) application in the U.S. after the regulator criticised an earlier filing, suggesting the world\x92s biggest money manager is determined to take a lead in cryptocurrency markets. Ethereum also logged gains amid institutional interest, while other top 10 non-stablecoin cryptocurrencies traded mixed. Polygon led the winners and Litecoin the losers. Crypto Bitcoin rose 1.83% over the last 24 hours to US$31,142 at 07:50 a.m. in Hong Kong, moving up 2.85% for the past seven days, according to data from CoinMarketCap. The world\x92s largest cryptocurrency reached a high of US$31,371 early Tuesday morning, the highest since June 2022. BlackRock submitted an amended application for a spot Bitcoin ETF on Monday, after the U.S. Securities and Exchange Commission (SEC) said BlackRock\x92s original filing was inadequate. BlackRock indicated in the new filing that Coinbase, the custodian of the proposed ETF\x92s Bitcoin holdings, will provide market surveillance to support the ETF, according to a Bloomberg report on Tuesday. Several other financial institutions have filed Bitcoin ETF applications despite a crackdown last month by the SEC, which filed lawsuits against Binance.US and Coinbase last month for allegedly violating securities laws in trading cryptocurrencies. In emailed comments, Jeff Mei, chief operating officer of digital asset exchange BTSE , said the SEC criticism of the application caused some selling last week, but \x93investors remain quietly optimistic about future approvals.\x94 Ether gained 1.18% to US$1,954.24, and added 5.23% for the week. Bitcoin and Ether have both seen increased interest from financial institutions in the past week, according to a Monday report from European cryptocurrency investment firm CoinShares. Bitcoin-linked digital asset investment products saw net inflows of around US$123 million in the week ending June 30, while Ethereum-linked products had net inflows of around US$2.7 million. Digital asset investment products have seen two weeks of net inflows since June 19, after logging 9 weeks of consecutive outflows. Story continues Most other top 10 non-stablecoin tokens traded higher in the past 24 hours, with Polygon\x92s Matic token spearheading the rally with a gain of 4.60% to US$0.7119. It\x92s up 10.18% for the week despite the U.K.-based fintech neobank and crypto exchange Revolut plans to delist Polygon, Solana and Cardano tokens for its U.S. users in September, according to a report by the Block on Monday. Litecoin led the losers in a potential price correction, falling 5.83% to US$106.69. It still logged weekly gains of 22.47% driven higher by the token\x92s upcoming third halving event on August 2, which will make the token scarcer. Litecoin investors also received a boost after the token was selected to trade on the newly established EDX Markets exchange , which opened on June 20 and is backed by Wall Street heavyweights, including Citadel Securities, Fidelity Investments and Charles Schwab. The total cryptocurrency market cap rose 1.28% to US$1.22 trillion in the last 24 hours, while crypto trading volume rose 26.34% to US$37.86 billion, according to CoinMarketCap data. NFT volumes gain The indexes are proxy measures of the performance of the global NFT market. They are managed by CryptoSlam , a sister company of Forkast.News under the Forkast.Labs umbrella. In the non-fungible token (NFT) market, the main Forkast 500 NFT index fell 1.08% in the 24 hours to 09:40 a.m. in Hong Kong to 2,750, down 5.06% for the week. The two Forkast indexes measuring the performance of Ethereum and Polygon NFT markets logged moderate increases. NFT trading volume on Ethereum rose 18.72% in the past 24 hours to US$27.29 million, according to CryptoSlam data, while Polygon\x92s volumes surged 121.63% to more than US$1.89 million. Trading volumes also rose on the Bitcoin, Solana and BNB Chain networks. Bored Ape Yacht Club (BAYC), the second largest NFT collection by market cap, saw trading volume jump 52.56% to US$4.98 million, with Ethereum-based NFT collections Azuki and Mutant Ape Yacht Club (MAYC) ranking the second and the third. \x93A bit of a rebound today on the ETH side, which is in the green for the first time in days. Top collections like Bean, Azuki, and MAYC have had increases in their floor prices 7-20% and even BAYC has slowed its decline,\x94 said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News. However, the floor prices of some major NFT collections are still holding considerable losses for the past week, with BAYC floor price falling over 20% in the past seven days and Azuki sliding more than 50% over the same period, according to data from CoinGecko. Azuki Elementals are a collection of 20,000 NFTs launched on June 27 as a spin-off of the original Azuki collection. While the Elementals sold out within 15 minutes, collectors started to complain that the supposed new NFTs looked almost id **Last 60 Days of Bitcoin's Closing Prices:** [29534.38, 28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77, 31156.44] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-07-04 **Financial & Commodity Data:** - Gold Closing Price: $1921.70 - Crude Oil Closing Price: $69.79 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $602,565,338,325 - Hash Rate: 357504393.99162006 - Transaction Count: 378556.0 - Unique Addresses: 645583.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.64 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- The list of digital tokens deemed as unregistered securities by the Securities and Exchange Commission now spans over $120 billion of crypto after the US agency’s lawsuits against Binance Holdings Ltd. and Coinbase Global Inc. Most Read from Bloomberg • Oil Traders Are Daring to Defy Market Kingpin Saudi Arabia • Morgan Stanley, Goldman at Odds on S&P 500’s Bull Market Rally • UBS Completes Credit Suisse Takeover to Create Bank Titan • Silvio Berlusconi, Italy Leader Mired in Scandal, Dies at 86 • Mary Erdoes, JPMorgan’s Billionaire Whisperer, Faces Flak Over Epstein Emails The regulator in the complaints against Binance and Coinbase cited more than a dozen major coins as assets that fall under its purview. Such a designation comes with strict investor protection rules and could make the tokens harder to trade if exchanges shy away from listing them for fear of falling foul of the SEC. Binance’s BNB — which has a market value of $44 billion — stablecoin BUSD, Cardano’s ADA, Solana’s SOL, Polygon’s MATIC, Filecoin’s FIL and Algorand’s ALGO were among those mentioned in the Binance lawsuit. NEAR tokens and Dfinity’s ICP tokens were among those cited in the Coinbase lawsuit. When added to other tokens like XRP separately targeted by the SEC, the agency has now categorized over $120 billion of coins specifically as unregistered securities. SEC Chair Gary Gensler has long said most tokens are subject to the agency’s investor-protection laws and that trading platforms should register with the regulator. But labeling specific tokens represents a tougher approach. US officials have cracked down on digital assets this year following a rout in 2022 and a series of blowups, including the bankruptcy of the FTX exchange. Delisting Risk “Who actually gets hurt by this is Coinbase, Kraken and other US-based exchanges, who then have to make a decision on whether to delist, and US market makers, who potentially have to stop making markets on some of the tokens being listed as securities,” said Jeff Dorman, the chief investment officer at digital-asset specialist Arca. At the same time, Dorman predicted that the lawsuit won’t have long-lasting impact on token prices since they are still traded on offshore exchanges. Filecoin is down some 10% in the wake of the SEC’s complaint, while BNB has shed about 9%. The other assets mentioned are also nursing losses. In wider digital-asset markets, both Bitcoin and a gauge of the top 100 coins have fallen approximately 6%. Coinbase has previously said it may not delist tokens the SEC deems as securities, pending a final court decision. “We do not list securities,” Kraken said in a statement. “For every asset we list, our teams conduct thorough risk and security evaluations which includes a comprehensive legal and compliance process. We will continue to closely monitor this case and others for precedential rulings.” Bitcoin, Ether Gensler has said that Bitcoin, the largest cryptocurrency, isn’t covered by the agency’s securities rules. However, he’s been less unequivocal on Ether, the second-largest digital token. Overall crypto market value stands at about $1.1 trillion, compared with a peak of more than $3 trillion during a pandemic-era boom, according to CoinGecko. In the lawsuit Monday, the SEC accused Binance and its Chief Executive Officer Changpeng Zhao of mishandling customer funds, misleading investors and regulators, and breaking securities rules. “While we take the SEC’s allegations seriously, they should not be the subject of an SEC enforcement action, let alone on an emergency basis,” Binance said. “We intend to defend our platform vigorously.” On Tuesday, the SEC sued Coinbase in federal court in New York, alleging the firm for years broke its rules by letting users trade numerous tokens that were actually unregistered securities. Coinbase didn’t immediately reply to a request for comment on the lawsuit. One of the key SEC cases is a 2020 lawsuit against Ripple Labs Inc. The complaint alleges the firm failed to register XRP as a security. Ripple’s Chief Executive Officer Brad Garlinghouse said in late May that he expects a court ruling in weeks. The result could have major implications for US crypto rules. Here are some of the biggest crypto coins viewed as securities by the SEC. Market values are taken from CoinGecko as of 9:15 a.m. in New York on Tuesday. --With assistance from Dave Liedtka. (Adds tokens cited in SEC lawsuit against Coinbase.) Most Read from Bloomberg Businessweek • China’s Plane Shortage Is Good News for Boeing • Google CEO Vows Not to Rush AI and Says Efficiency Drive Continues • Illumina’s Sudden CEO Exit Is Just One of Many Problems Facing DNA Company • America’s Long, Tortured Journey to Build EV Batteries • Will Argentina Ditch the Peso for the Dollar? ©2023 Bloomberg L.P.... - Reddit Posts (Sample): [['u/corey407woc', 'How much Bitcoin do you need to be in the 1% of Bitcoin holders??', 13, '2023-07-04 00:06', 'https://www.reddit.com/r/Bitcoin/comments/14pwgot/how_much_bitcoin_do_you_need_to_be_in_the_1_of/', 'We always see 0.28 thrown around to be 1% of global population, was curious for people who already own btc, what is the number of BTC a person needs to be considered 1% of all current holders? 1? 2.1? 3?', 'https://www.reddit.com/r/Bitcoin/comments/14pwgot/how_much_bitcoin_do_you_need_to_be_in_the_1_of/', '14pwgot', [['u/The-real-W9GFO', 10, '2023-07-04 00:20', 'https://www.reddit.com/r/Bitcoin/comments/14pwgot/how_much_bitcoin_do_you_need_to_be_in_the_1_of/jqk8zlt/', 'That would be owning 1% of all bitcoin, not the same as being in the top 1% of people holding bitcoin.', '14pwgot'], ['u/HaveRewengey', 11, '2023-07-04 00:34', 'https://www.reddit.com/r/Bitcoin/comments/14pwgot/how_much_bitcoin_do_you_need_to_be_in_the_1_of/jqkatsd/', "It's not that number, as the distribution impacts the percentage...it's not just simple division.\n\nThe best guesses based on on-chain analysis is anywhere from 3-4 BTC to be in the top 1% of all BTC holders.", '14pwgot'], ['u/Astewen', 17, '2023-07-04 01:03', 'https://www.reddit.com/r/Bitcoin/comments/14pwgot/how_much_bitcoin_do_you_need_to_be_in_the_1_of/jqkeka9/', 'The most recent number I heard was 3.4 BTC puts you in the top 1%', '14pwgot'], ['u/a4ther', 27, '2023-07-04 04:38', 'https://www.reddit.com/r/Bitcoin/comments/14pwgot/how_much_bitcoin_do_you_need_to_be_in_the_1_of/jql46wz/', '210,000 will put you in the 1% for sure', '14pwgot'], ['u/yubacore', 11, '2023-07-04 08:09', 'https://www.reddit.com/r/Bitcoin/comments/14pwgot/how_much_bitcoin_do_you_need_to_be_in_the_1_of/jqlorv4/', 'So … about three fiddy?', '14pwgot']]], ['u/ReallyBoredMan', 'Just passed 1 Million Net Worth!', 110, '2023-07-04 00:34', 'https://www.reddit.com/r/Fire/comments/14px5oy/just_passed_1_million_net_worth/', "There have been a lot of these lately. I guess that happens with the recent upturn in the market. We hit this milestone the last week of June.\n\nIt's been a journey getting to this point as last year we stayed basically the same, and there have been a lot of fluctuations this year. Both my wife and I both started around 40K per year, and now we both make about 120K+ after accounting for bonuses (total income is right around 250K). We have been working for about 10 years each. I have been with the same employer, and my wife has been with 4 different employers.\r \n\r \nOur FIRE number is $100K at 3% SWR= 3,333,333. Our FIRE assets are 739,500, so we are 22.19% way there. Every year we will be adding at least (22,500 \\[401(k)\\] + 6,000 \\[Roth IRA\\]) x 2 because we are both working + 42,000 \\[brokerage\\] + 8,300 \\[HSA\\] doing family HSA next year = 107,300. So, over the 12 years we are looking to FIRE, we are contributing an additional 1,287,600 to the principal. With growth from the current principle and future contributions, we should be able to our FIRE number by our estimated date in about 12-13 years.\n\nBelow is my breakdown of assets, budget, and history of how we go there (I don't have all my wife's work history)\n\n \n\\-----------------------------------------------------------------------------------------------------------------------------------------------------\n\n\r \nBreakdown of assets:\r \n\r \nLiquid Assets (32K) \\[2% of assets\\]:\r \nChecking: 18.5K\r \nSavings: 8K\r \nOnline savings account (used as a personal escrow account for Home + Auto insurance and Property Taxes) 8K (less 2.5K for taxes due this month = 5.5K)\r \n\r \nNon-Retirement Assets (penalty-free investments) (221.5K) \\[19.76% of assets\\]:\r \nCompany Stock 32K - still at a good valuation and does pay a good dividend. We will continue to hold, but I will likely look to divest closer to our FIRE date\r \nBrokerage: 169K\r \nIndividual stocks: 9.5K - I no longer invest in single stocks. I am just holding\r \nCrypto: 1K - Only have 1K in Bitcoin in it just to follow what is going on, I bought in 1K at 33K.\r \n\r \nRetirement Assets (518K) \\[46.23% of assets\\]:\r \nMy 401(k): 220K\r \nWife 401(k): 186K\r \nMy Roth IRA: 64K\r \nWife Roth IRA: 46K\r \nHSA: 2K - This is the 1st year we are doing it. Currently just in my name, testing out.\r \n\r \nLong-Term Future Expenses \\[1.43% of assets\\]:\r \n529 for Child’s College (child is 2 years old): 16K\r \n\r \nFixed Assets (333K) \\[29.71% of assets\\]:\r \nHouse: 292K - bought for 162K in 2015\r \nWife’s car: 27K (only 20K miles on 2018 SUV)\r \nMy Car: 14K (75K miles on 2016 sedan)\r \n\r \nTotal Assets: 1,120,500\r \n\r \nBreakdown of Liabilities \r \n\r \nCurrent Liabilities\r \nTotal of credit cards: 3.5K - Paid off monthly\r \nLong-Term Liabilities:\r \nMortgage 106K - 1.999% interest rate on a 15-year mortgage (12 years remaining)\r \n\r \nTotal Liabilities: 109.5K\r \n\r \n\r \nNet worth: 1,011,000\r \n\r\n\n\\-----------------------------------------------------------------------------------------------------------------------------------------------------\n\n\r \nBelow is a breakdown of my budget. This is done post-deductions (does not include 401K or HSA), also, we do lump sum investing for IRA at the beginning of the year with year end-bonus.\r \n\r \nBreakdown of monthly Budget:\r \n\r \nIncome:\r \nBoth jobs combined salary only: 10,076\r \n\r \nBudgeted Expenses (9,904)\r \n\r \nInvesting After-Tax (Total 4,000):\r \nBrokerage investing: 3,500\r \n529 Investing: 500\r \nFixed Expenses (Total 2,514):\r \nDaycare 1,409\r \nMortgage: 805\r \nPhone: 126 - Includes a Financed phone\r \nInternet 73\r \nYoutube TV 73\r \nNetflix + HBO: 28\r \nPlanned short-term expenses (Total 440):\r \nHome + Auto Insurance + Home Taxes: 440\r \nVariable Expenses (planned) (Total 2,200):\r \nRestaurants: 1,000 (Spent 947 last month)\r \nGroceries: 700 (Spent 619 last month)\r \nGas & Fuel: 150 (Spent 92 last month)\r \nDog food + grooming: 150 (Spent 178 last month)\r \nUtilities: Gas, Electric, Water/Sewer: 200 (Spent 179 last month)\r \nMisc (750 total)\r \nThings too small or random for budget: 750 (Spent 802 Last month, but includes Hotel for vacation (flight was previously booked))\r \n\r \nThe leftover is 172. We did have apparently a water leak. the water bill decreased from 500 to 150 (paid quarterly). Repair paid for itself on the next bill we received.\r \n\r \nMisc also includes my wife’s 2 credit cards, which are mainly Target for kid's stuff (clothes, diapers, shoes, etc), coffee, or anything else she wants like plants and soil.\r \n\r \n\\-----------------------------------------------------------------------------------------------------------------------------------------------------\n\n2014: \r \n* Q1 Started a job out of college making ~40K a year (hourly) as a mortgage underwriter. \r \nStarted contributing to 401K at 10%, and over the year, it increased to 15%\r \n\r \n2015:\r \n* Q1 Received a 5% increase, and I bought my 1st and current house when I had no debt (only credit cards that I pay off monthly). The mortgage was only in my name even though my wife (girlfriend at the time) was going to live with me 30-year mortgage, 4.25% interest rate, and 5% down. \r \n* Q4 I received a promotion to a salary of 55K a year (about a 27% increase in pay)\r \n\r \n2016: \r \n* Q2 I received a promotion to 72K a year (about a 30% increase in pay). \r \n* Q2 My car needed a new engine, therefore I had to get a new car. Got a 2016 Mazda6 for \\~25K at a 0% interest rate\r \n* Q3 Received a 4% mid-year increase due to increased responsibilities (not a promotion)\r \n* Q4 Wife paid off the last of her student loans\r \n\r \n2017: \r \n* Q1 Received a 3% increase. \r \n* Q2 Switched from a bank to a Credit Union - The credit union generates 3% interest on the checking account and still does\r \nI contributed 13.8K to 401K (did not max out, which would have been 18K)\r \nMy wife contributed 3.7K\r \n\r \n2018:\r \n* Q1 Received a 3% increase. \r \n* Q2 Got married \r \n* Q2 Wife traded in a car to a 2018 Subaru Forester on a 4-year loan at 0% interest ~30K\r \nI contributed 15.5K to 401K (did not max out, which would have been 18K)\r \nMy wife contributed $6K to 401K\r \n\r \n2019: \r \n* Q1 Received a 3% increase. \r \n* Q2 Read “The Millionaire Next Door” and got into the FIRE movement\r \n* Q3 Refinanced the mortgage into a 20-year at 3.5% (payment decreased) and removed escrow from the mortgage payment. \r \nBoth my wife and I maxed out 401Ks and IRAs (19K + 6K)x2 \r \n\r \n2020: \r \n* Q1 Received a 3% increase. \r \n* Q3 Received a 29%+ raise (not promotion) to 109K due to salary increases in the industry. \r \n* Q3 Refinanced the mortgage into a 15-year at 1.999% interest rate (payment only increased by $20 per month. \r \n* Q4 Had our 1st child. \r \nBoth my wife and I maxed out 401Ks and IRAs (19.5K + 6K)x2 \r \n\r\r\r \n2021: $475K Net Worth (before moving over Robo-Investing funds) \\~100K extra for Robo.\r \n* Q1 Received a 10% salary increase to $\u200e120K due to the company hitting company goals. \r \n* Q2 The baby started daycare starting (which costs more than the cost of our mortgage)\r \n* Q2 I paid off my Mazda6 loan in full ( I did not pay extra since it was a 0% loan)\r \nBoth my wife and I maxed out 401Ks and IRAs (19.5K + 6K)x2 \r \nCompleted an in-depth review of every dollar received and will do this every year going forward.\r \n\r\r \n2022: $706K Net Worth\r \n* Q1 Received a slight 2.2% increase. Currently making 123K. \r \nUsing Dependent Care FSA - $5,000.\r \nMaxing out 401k, and we already maxed out IRA\r \n* Q3 Wife’s Subaru Forster paid in full. Had a 4-day vacation up north, and we got COVID :( after not getting it during the peak \r \n* Q3 Received discretionary RSU grant worth ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
30514.17, 29909.34, 30342.27, 30292.54, 30171.23, 30414.47, 30620.95, 30391.65, 31476.05, 30334.07
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin and Ether traded little changed on Wednesday morning in Asia, while the rest of the top 10 non-stablecoin cryptocurrencies were mixed. Bitcoin fell back under US$31,000, but its dominance in total crypto market cap is gaining, a sign of market recovery. Solana added to its gains this week, while Polygon’s Matic and the BNB tokens led the daily losers list. Bitcoin Cash has taken the number 12 spot in the list of top tokens by market cap after its listing on the new EDX Markets exchange.\nBitcoin fell 1.0% over the last 24 hours to US$30,801 at 07:20 a.m. in Hong Kong, shaving its weekly gain down to 0.39%, according todatafrom CoinMarketCap. On Tuesday, the price of the world’s largest cryptocurrency reached US$31,371, its highest since June 2022, on the back of optimism about spot Bitcoin exchange-traded fund applications by a raft of Wall Street heavyweights, including Blackrock.\nThe level of Bitcoin dominance sits near 50%, which is thehighest sinceApril 2021. Alex Kuptsikevich, senior market analyst at FxPro, says this price uptrend in Bitcoin is a typical market recovery pattern in which the most significant asset in the sector attracts buyers first.\n“It will probably take about a year of Bitcoin price recovery before crypto enthusiasts start looking for one with higher risk, pushing altcoins higher and leading to a new wave of capitalisation swell,” said Kuptsikevich, in an email statement. He said he doesn’t see altcoins rallying before November.\nBitcoin’s recent price recovery was sparked by Blackrock, the world’s biggest asset manager, filing anapplicationlast month to launch a Bitcoin ETF and refiling it again after the U.S. Securities and Exchange Commission (SEC) indicated it lacked details.\nSeveral other U.S.-based asset managers, such as Fidelity Investments and WisdomTree, have filed their own Bitcoin ETFs, suggesting mainstream finance recognizes the Bitcoin opportunity and wants to offer clients the access to its price movements without actually owning the token.\nEther, the second-largest cryptocurrency by market cap, looked to be on a run to break US$2,000 this week, but fell back 0.81% to US$1,941 today after a gain of 2.64% for the past seven days.\nThe other top 10 cryptocurrencies by market capitalization traded mixed to flat, with Solana leading gainers with a 2.0% rise to US$19.45. The token has surged 15.35% in the past week.\nPolygon’s Matic and Binance’s BNB token were amongst the losers — Matic lost 1.99% to US$0.6981, though it’s still up 4.29% for the week. BNB lost 1.68% to US$242.83, cutting its\xa0weekly gain to 1.81%.\nAltcoins have suffered from the SEC’s crackdown on tokens that they deem financial securities. Solana, Cardano, Polygon and BNB were among those that the regulator named as unregistered securities in its lawsuits filed against the Coinbase and Binance.US exchanges in early June.\nWhile these altcoins have partially recovered after an initial plunge following the SEC suits, several trading platforms including California-based Robinhood Markets Inc., Israel-based eToro and UK’s Revolut ceased support or limited access to some of these tokens for their U.S.-based customers.\nBitcoin Cashclimbed to become the twelfth largest non-stablecoin cryptocurrency by market capitalization on CoinMarketCap at US$53.8 billion. The Bitcoin spin-off is one of the four cryptocurrencies listed onEDX Markets, the Wall Street-backed, compliance-focused crypto exchange that launched on June 20 in the U.S.\nBitcoin Cash had a market capitalization of US$20.6 billion and was valued at US$106.34 on June 19. It has since surged 160% to US$276.87. It dipped 1.70% in the last 24 hours.\nThe total cryptocurrency market cap fell 0.80% to US$1.21 trillion in the last 24 hours, while crypto trading volume fell 22.22% to US$31.14 billion, according to CoinMarketCap data.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nThe Forkast 500 NFT index rose 1.28% in the 24 hours to 07:45 a.m. in Hong Kong to 2,783.58, but logged a loss of 3.17% for the week. The two Forkast indexes measuring the performance of Ethereum and Polygon NFT markets rose.\nHowever, despite moderate gains in the indexes on Wednesday morning, the NFT market overall remains in a downtrend, said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News.\n“The Forkast 500 NFT Index reflects declining sales prices across collections on all chains, but it’s Ethereum that’s really dragging the market down with it,” said Petscher, pointing to the recent problems with the Azuki NFT collection.\n“Azuki’s struggles exasperated the already struggling market … Azuki’s new Elementals mint was supposed to be a boom for NFTs and instead was a bust, becoming a catalyst that drove NFT collections down to all-time lows.”\nAzuki NFT creator Chiru Labs debuted its latest Elementals collection last Tuesday, to much negative response from the community, who deemed it almost identical to the original Azuki collection.\nWhile the team behind Azuki posted an publicapologyto buyers on Twitter, dissatisfied Azuki holders formed the Azuki DAO last week and passed a vote on Monday to launch a lawsuit against Chiru Labs, claiming the 20,000 ETH (US$39 million) the company holds should be returned to the DAO.\nLegalDAO, the decentralized autonomous organization formed in 2020 by a group of legal professionals,saidTuesday that it will help Azuki DAO in the effort to claim the 20,000 ETH.\nBy NFT collections, Bored Ape Yacht Club topped the trading volume rankings on Cryptoslam with US$3 million, but the volume was down 18.97% on the day. Mutant Ape Yacht Club, another Yuga Labs’ Ethereum-based collection, saw its volume grow 11.94% to US$2.39 million to place second in the rankings.\nTotal NFT trading volume dropped 9.24% to US$31.5 million. Volume on Ethereum fell 9.17% to US$22.7 million according to Cryptoslamdata. Volume on the Bitcoin network gained 3.73% to US$3.19 million, while volumes on Polygon, Solana and BNB all plunged.\nU.S. stock futures dipped as of 10:45 a.m. in Hong Kong ahead of the restart of trading in the U.S. following the July 4 public holiday.\nFutures on all three indexes – Dow Jones Industrial Average, S&P 500 futures and Nasdaq –declinedbut by less than 1%.\nAsian equities opened lower Wednesday morning. The Shanghai Composite fell 0.5%, Hong Kong’s Hang Seng dipped 1.3%, Japan’s Nikkei 225 index edged down 0.3%. South Korea’s Kospi also lost 0.08%.\nThe Caixin China General Composite purchasing managers’ index (PMI) — a measure of the performance of both the manufacturing and services sectors in China —droppedto 52.5 in June from 55.6 the previous month. This marks the sixth consecutive month of expansion for China’s private sector. However, the growth rate was the slowest since January.\nEmployment in China also returned to growth, as the service sector created more jobs following a drop in manufacturing payrolls, according toTrading Economics.\nIn the U.S., New York Federal Reserve President John Williams’ speaks on Wednesday and may provide an update on the Fed’s view of inflation. The Fed will also release its June meeting minutes on Wednesday, where it decided to leave interest rates unchanged between 5% and 5.25%.\nThe Federal Reserve’s next meeting on rates is July 26. The CME FedWatch Tool predicts a 87.4% chance for a 25-basis-point rate increase, down from 89.9% on Tuesday. The likelihood the Fed won’t increase is now at just 12.6%.\n(Updates to add equities section)', 'Bitcoin and Ether traded little changed on Wednesday morning in Asia, while the rest of the top 10 non-stablecoin cryptocurrencies were mixed. Bitcoin fell back under US$31,000, but its dominance in total crypto market cap is gaining, a sign of market recovery. Solana added to its gains this week, while Polygon’s Matic and the BNB tokens led the daily losers list. Bitcoin Cash has taken the number 12 spot in the list of top tokens by market cap after its listing on the new EDX Markets exchange.\nBitcoin fell 1.0% over the last 24 hours to US$30,801 at 07:20 a.m. in Hong Kong, shaving its weekly gain down to 0.39%, according todatafrom CoinMarketCap. On Tuesday, the price of the world’s largest cryptocurrency reached US$31,371, its highest since June 2022, on the back of optimism about spot Bitcoin exchange-traded fund applications by a raft of Wall Street heavyweights, including Blackrock.\nThe level of Bitcoin dominance sits near 50%, which is thehighest sinceApril 2021. Alex Kuptsikevich, senior market analyst at FxPro, says this price uptrend in Bitcoin is a typical market recovery pattern in which the most significant asset in the sector attracts buyers first.\n“It will probably take about a year of Bitcoin price recovery before crypto enthusiasts start looking for one with higher risk, pushing altcoins higher and leading to a new wave of capitalisation swell,” said Kuptsikevich, in an email statement. He said he doesn’t see altcoins rallying before November.\nBitcoin’s recent price recovery was sparked by Blackrock, the world’s biggest asset manager, filing anapplicationlast month to launch a Bitcoin ETF and refiling it again after the U.S. Securities and Exchange Commission (SEC) indicated it lacked details.\nSeveral other U.S.-based asset managers, such as Fidelity Investments and WisdomTree, have filed their own Bitcoin ETFs, suggesting mainstream finance recognizes the Bitcoin opportunity and wants to offer clients the access to its price movements without actually owning the token.\nEther, the second-largest cryptocurrency by market cap, looked to be on a run to break US$2,000 this week, but fell back 0.81% to US$1,941 today after a gain of 2.64% for the past seven days.\nThe other top 10 cryptocurrencies by market capitalization traded mixed to flat, with Solana leading gainers w **Last 60 Days of Bitcoin's Closing Prices:** [28904.62, 28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77, 31156.44, 30777.58] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-07-05 **Financial & Commodity Data:** - Gold Closing Price: $1919.60 - Crude Oil Closing Price: $71.79 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $599,462,347,750 - Hash Rate: 390233669.4978951 - Transaction Count: 493478.0 - Unique Addresses: 716586.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.61 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin miner Hut 8 Mining (HUT) first-quarter revenue dropped a greater-than-estimated 64% to C$19 million ($14.16 million) from the year earlier as the company was forced to turn off some machines due to a dispute with its energy provider. Revenue fell 13% from the previous quarter, missing analyst expectations of C$21.2 million.The Toronto-based company reportedearnings per share (EPS) of C$0.47 compared with forecasts for a loss of C$0.15 on FactSet. While the crypto mining industry is starting to emerge from a brutal crypto winter that saw major names likeCompute NorthandCore Scientific (CORZ)file for chapter 11 bankruptcy protection, Hut 8 had to turn off about 8,000 machines in its Ontario facility due to a dispute with its energy provider in mid-November. Since then, it has managed to bring only about 1,000 back online. On top of that, itsfacility at Drumheller, Alberta is operating at just 15% capacitydue to electrical problems that have damaged the equipment. The site likely accounts for about 0.9 EH/s of Hut 8’s total 2.6 EH/s of computing power. Hut 8 stock waslittle changed in pre-market trading on the Nasdaq, down 0.55% at $1.82 at the time of writing. The shares have more than doubled in price in 2023, but remain lower by 34% on a year-over-year basis. Hut 8 is in the process of amerging with U.S. Bitcoin Corp.(USBTC), a private miner with operations in New York and Texas. Read more:Bitcoin Miners Are Starting to Emerge From Brutal Crypto Winter CORRECTION (May 11, 12:16 UTC):Corrects per-share figures to Canadian dollars in second paragraph. An earlier version of this story had them in U.S. dollars.... - Reddit Posts (Sample): [['u/anonourmouse', 'Queer Kpop Fans Survey 2023 – the results are in!', 158, '2023-07-05 02:07', 'https://www.reddit.com/r/kpopthoughts/comments/14qv3b6/queer_kpop_fans_survey_2023_the_results_are_in/', 'Hello everyone! About a month ago I posted the second annual survey for LGBTQ+ Kpop fans, and I’m now here to share this year\'s results! Before we get to the results, I have a few notes and disclaimers, so please read them!\n\n1. The survey was posted on [r/kpopthoughts](https://www.reddit.com/r/kpopthoughts/), [r/kpophelp](https://www.reddit.com/r/kpophelp/), and [r/kpoppers](https://www.reddit.com/r/kpoppers/) and was open from June 1-June 7. It received 1,057 responses, over 300 more than last year!\n2. In this post, I am only listing the top 3 results for genders, sexual orientations, and romantic orientations that at least 20 respondents identified as (except for the overall demographic results). I did this solely in the interest of keeping this post as short as possible and showing results with even the *tiniest* bit of statistical significance, and not at all with the intention of excluding anyone – even 20 respondents is honestly pushing it, considering it’s less than 2% of the sample! That being said, I will link the full results at the end of this post.\n3. Following that, one thing I did a bit differently this year is include "N/A" as a entry – i.e., if someone did not answer for whatever reason. This was an especially common answer to the "queerest songs" question.\n4. 353 respondents identified as 2 sexualities and 299 identified as 2 romantic orientations. If someone put more than one identity (ex. "Bisexual, Demisexual"), their answers were counted once under each of the listed identities, which means some of the math won\'t add up perfectly. Four respondents identified as cisgender, heterosexual, and heteroromantic; their responses were erased from the dataset. All respondents who identified as LGBTQ+ in some way, even if they were straight/cis in another way, were included.\n5. If someone wrote more than 3 groups, soloists, ults, and/or songs, I only included the first 3 they listed in the results.\n6. I fully expect Koreaboo to steal and post this information and give me absolutely none of whatever profits they make off of it like they did last year, so let me just preemptively say: FUCK KOREABOO :)\n7. **NO BIGOTRY/EXCLUSION OF ANY KIND IN THE COMMENTS PLEASE.**\n\n# Demographics\n\n**# of respondents by gender**\n\n* Women: 661 (653 cis, 8 trans)\n* Men: 158 (113 cis, 45 trans)\n* Genderqueer/Non-binary: 92\n* Unsure/questioning: 49\n* Trans: 53\n* Agender: 35\n* Genderfluid/Multigender/Polygender: 22\n* Demigender: 26 (5 boys, 21 girls)\n* Write-ins: Girl/Woman (5), Unlabeled (2), 2 Spirit (1), Bigender (1), FairyWolf Hybrid (1), Feminine-presenting (1), Girlflux (1), Xenogender (1)\n\n**# of respondents by sexual orientation**\n\n* Bisexual: 433\n* Asexual/graysexual: 238\n* Lesbian/homosexual: 181\n* Queer: 181\n* Gay/homosexual: 111\n* Pansexual: 104\n* Unsure/questioning: 72\n* Demisexual: 56\n* Write-ins: Omnisexual (2), Aegosexual (1), FaeWolfSexual (1), Unlabeled (1), Polysexual (1), Sexual (1)\n\n**# of respondents by romantic orientation**\n\n* Biromantic: 378\n* Lesbian/homoromantic: 213\n* Queer: 196\n* Aromantic/grayromantic: 121\n* Panromantic: 120\n* Gay/homoromantic: 116\n* Unsure/questioning: 86\n* Demiromantic: 63\n* Write-ins: Unlabeled (3), ? (1), Polyamorous (1), Polyromantic (1), Romantic (1), Wolfmantic (1)\n\n# Overall Results\n\n*Group Preferences:* 37.7% prefer girl groups, 34.3% prefer boy groups, 27.7% have no preference, 0.3% prefer coed groups\n\n*Soloist Preferences:* 46.1% prefer female soloists, 40.2% have no preference, 13.8% prefer male soloists\n\n|Top Groups|Top Soloists|Top Ult Biases|Queerest Songs|\n|:-|:-|:-|:-|\n|1. Stray Kids (226)|1. Taemin (205)|1. Suga (BTS) (78)|1. (G)I-dle - Oh my god (366)|\n|2. BTS (197)|2. Sunmi (180)|2. \\[TIE\\] Lee Know (SKZ) (56)|2. Moonbyul ft. Seori - Shutdown (227)|\n|3. Seventeen (186)|3. IU (178)|2. \\[TIE\\] Taemin (SHINee) (56)|3. Chuu (ex-Loona) - Heart Attack (177)|\n|4. Twice (177)|4. Taeyeon (176)|4. Bang Chan (SKZ) (55)|4. OnlyOneOf - libidO (136)|\n|5. Red Velvet (147)|5. Chungha (172)|5. Moonbyul (MMM) (49)|5. N/A (76)|\n|6. TXT (137)|6. Agust D (149)|6. Seulgi (RV) (46)|6. Irene&Seulgi (RV) - Monster (65)|\n|7. SHINee (124)|7. Bibi (123)|7. \\[TIE\\] Felix (SKZ) (41)|7. Taemin - Move (54)|\n|8. \\[TIE\\] (G)I-dle (117)|8. \\[TIE\\] Baekhyun (78)|7. \\[TIE\\] Han (SKZ) (41)|8. V (BTS) - Stigma (39)|\n|8. \\[TIE\\] Dreamcatcher (117)|8. \\[TIE\\] Key (78)|9. RM (BTS) (40)|9. \\[TIE\\] K.Will - Please Don\'t... (35)|\n|10. Ateez (116)|10. Woodz (73)|10. Yunjin (LSFM) (38)|9. \\[TIE\\] Yoojung (OOO) - begin (35)|\n\nLike last year, I\'ve made playlists of the queerest songs according to the survey! To keep it from being too long, I only put songs that at least 2 people replied, but you can see all of the songs in the full results, linked at the end of this post. Enjoy!\n\n[**gaypop 2023 Spotify playlist**](https://open.spotify.com/playlist/6syVVrCeyc6C1S4WwPIKM1?si=0BTcZGTSTcqaqOTGhotTMQ)\n\n[**gaypop 2023 YouTube playlist**](https://youtube.com/playlist?list=PLSW2w6Xza72apViQWUvyUBOuShFNm6Gde)\n\nI don’t have Apple Music, but if someone here does and wants to make a playlist there let me know!\n\n# Results by Gender\n\n*Note: Unlike last year, I did not calculate results for cis women or cis men.*\n\n**Genderqueer/Nonbinary**\n\n*Group Preferences:* 46.7% prefer boy groups, 27.2% have no preference, 26.1% prefer girl groups\n\n*Soloist Preferences:* 41.3% have no preference, 38.0% prefer female soloists, 20.7% prefer male soloists\n\n|Top Groups|Top Soloists|Top Ult Biases|Queerest Songs|\n|:-|:-|:-|:-|\n|1. Stray Kids (26)|1. Sunmi (20)|1. \\[TIE\\] Bang Chan (SKZ) (7)|1. (G)I-dle - Oh my god (24)|\n|2. Seventeen (18)|2. Taeyeon (17)|1. \\[TIE\\] Han (SKZ) (7)|2. OnlyOneOf - libidO (17)|\n|3. \\[TIE\\] BTS (16)|3. Taemin (15)|1. \\[TIE\\] Suga (BTS) (7)|3. Chuu (ex-Loona) - Heart Attack (15)|\n|3. \\[TIE\\] Twice (16||||\n\n**Unsure/Questioning**\n\n*Group Preferences:* 36.7% prefer boy groups, 34.7% have no preference, 28.6% prefer girl groups\n\n*Soloist Preferences:* 53.1% have no preference, 40.8% prefer female soloists, 6.1% prefer male soloists\n\n|Top Groups|Top Soloists|Top Ult Biases|Queerest Songs|\n|:-|:-|:-|:-|\n|1. \\[TIE\\] BTS (11)|1. IU (13)|1. \\[TIE\\] Key (SHINee) (4)|1. (G)I-dle - Oh my god (23)|\n|1. \\[TIE\\] Stray Kids (11)|2. Taemin (12)|1. \\[TIE\\] Suga (BTS) (4)|2. \\[TIE\\] Chuu (ex-Loona) - Heart Attack (9)|\n|3. \\[TIE\\] Seventeen (9)|3. Agust D (8)|1. \\[TIE\\] Taemin (SHINee) (4)|2. \\[TIE\\] Moonbyul ft. Seori - Shutdown (9)|\n|3. \\[TIE\\] SHINee (9)||||\n\n**Trans Men**\n\n*Group Preferences:* 54.3% prefer boy groups, 26.1% prefer girl groups, 19.6% have no preference\n\n*Soloist Preferences:* 50.0% have no preference, 28.3%% prefer female soloists, 21.7% prefer male soloists\n\n|Top Groups|Top Soloists|Top Ult Biases|Queerest Songs|\n|:-|:-|:-|:-|\n|1. Stray Kids (12)|1. Taemin (10)|1. Han (SKZ) (4)|1. (G)I-dle - Oh my god (13)|\n|2. \\[TIE\\] Seventeen (9)|2. Sunmi (9)|2. \\[TIE\\] DK (SVT), Felix (SKZ), Jennie (BP), Jonghyun (SHINee) (3)|2. Chuu (ex-Loona) - Heart Attack (9)|\n|2. \\[TIE\\] SHINee (9)|3. Agust D (7)|2. \\[TIE\\] Key (SHINee), Momo (Twice), Suga (BTS), Wonho (3)|3. OnlyOneOf - libidO (6)|\n\n**Agender**\n\n*Group Preferences:* 40.0% prefer girl groups, 31.4% have no preference, 28.6% prefer boy groups\n\n*Soloist Preferences:* 57.1% have no preference, 42.9% prefer female soloists\n\n|Top Groups|Top Soloists|Top Ult Biases|Queerest Songs|\n|:-|:-|:-|:-|\n|1. Dreamcatcher (8)|1. Chungha (6)|1. \\[TIE\\] Han (SKZ) (4)|1. (G)I-dle - Oh my god (15)|\n|2. Ateez (7)|2. \\[TIE\\] Agust D (5)|1. \\[TIE\\] Lee Know (SKZ) (4)|2. Moonbyul ft. Seori - Shutdown (8)|\n|3. Seventeen (6)|2. \\[TIE\\] Bibi (5)|3. (17 idols got 2)|3. \\[TIE\\] Chuu (ex-Loona) - Heart Attack (5)|\n||2. \\[TIE\\] Sunmi (5)||3. \\[TIE\\] OnlyOneOf - libidO (5)|\n\n**Genderfluid/Multigender/Polygender**\n\n*Group Preferences:* 54.5% prefer boy groups, 18.2% prefer girl groups, 27.3% have no preference\n\n*Soloist Preferences:* 45.5% have no preference, 27.3% prefer female soloists, 27.3% prefer male soloists\n\n|Top Groups|Top Soloists|Top Ult Biases|Queerest Songs|\n|:-|:-|:-|:-|\n|1. Ateez (7)|1. Taemin (12)|1. \\[TIE\\] Hongjoong (Ateez) (3)|1. (G)I-dle - Oh my god (8)|\n|2. \\[TIE\\] BTS (5)|2. Agust D (7)|1. \\[TIE\\] Ten (NCT) (3)|2. V (BTS) - Stigma (4)|\n|2. \\[TIE\\] Seventeen (5)|3. \\[TIE\\] IU (5)|3. \\[TIE\\] Dino (SVT), Kai (EXO), RM (BTS) (2)|3. (6 songs got 2)|\n|2. \\[TIE\\] TXT (5)|3. \\[TIE\\] Woodz (5)|3. \\[TIE\\] San (Ateez), Woodz, Yeonjun (TXT) (2)||\n\n**Demigirl**\n\n*Group Preferences:* 42.9% prefer boy groups, 28.6% have no preference, 28.6% prefer girl groups\n\n*Soloist Preferences:* 42.9% prefer female soloists, 42.9% have no preference, 14.3% prefer male soloists\n\n|Top Groups|Top Soloists|Top Ult Biases|Queerest Songs|\n|:-|:-|:-|:-|\n|1. Stray Kids (8)|1. Bibi (6)|1. \\[TIE\\] Bang Chan (SKZ) (3)|1. (G)I-dle - Oh my god (6)|\n|2. BTS (7)|2. Hwasa (4)|1. \\[TIE\\] Felix (SKZ) (3)|2. Moonbyul ft. Seori - Shutdown (5)|\n|3. Twice (6)|3. \\[TIE\\] Baekhyun (3)|1. \\[TIE\\] J-hope (BTS) (3)|3. OnlyOneOf - libidO (3)|\n||3. \\[TIE\\] IU (3)|1. \\[TIE\\] Moonbyul (MMM) (3)||\n||3. \\[TIE\\] Sunmi (3)|1. \\[TIE\\] Yunjin (LSFM) (3)||\n\n# Results by Sexual Orientation\n\n**Bisexual**\n\n*Group Preferences:* 34.9% prefer boy groups, 33.9% prefer girl groups, 30.7% have no preference, 0.5% prefer coed groups\n\n*Soloist Preferences:* 45.5% have no preference, 42.0% prefer female soloists, 12.5% prefer male soloists\n\n|Top Groups|Top Soloists|Top Ult Biases|Queerest Songs|\n|:-|:-|:-|:-|\n|1. Stray Kids (99)|1. Taemin (97)|1. Suga (BTS) (39)|1. (G)I-dle - Oh my go... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
29909.34, 30342.27, 30292.54, 30171.23, 30414.47, 30620.95, 30391.65, 31476.05, 30334.07, 30295.81
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening:\nPrices:Bitcoin was holding steady about about $30.5K – unmoved by upbeat crypto comments by BlackRock CEO Larry Fink\'s\nInsights:Pita Limjaroenrat, a candidate to become Thailand\'s next prime minister, owns crypto. What does his disclosure say about politicians and crypto?\nCoinDesk Market Index (CMI)\n1,247\n−14.9▼1.2%\nBitcoin (BTC)\n$30,463\n−360.5▼1.2%\nEthereum (ETH)\n$1,910\n−29.9▼1.5%\nS&P 500\n4,446.82\n−8.8▼0.2%\nGold\n$1,924\n+1.8▲0.1%\nNikkei 225\n33,338.70\n−83.8▼0.3%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,247", "\\u221214.9\\u25bc1.2%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$30,463", "\\u2212360.5\\u25bc1.2%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,910", "\\u221229.9\\u25bc1.5%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,446.82", "\\u22128.8\\u25bc0.2%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,924", "+1.8\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["33,338.70", "\\u221283.8\\u25bc0.3%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin Holds Steady Through Good and Bad\nThe end of a long, U.S. holiday weekend, the release of June Federal Reserve minutes offering some detail on the central bank\'s current thinking about monetary policy and crypto-favorable comments by BlackRock CEO Larry Fink left bitcoin largely unstirred from its current resting place well above $30,000.\nThe largest cryptocurrency by market capitalization was recently trading at about $30,465, down slightly more than a percentage point over the past 24 hours. After surging above $31,000 in mid-June following multiple spot bitcoin ETF filings, BTC has remained mostly impervious to potential price catalysts, even as investor sentiment has brightened.\nIn an email to CoinDesk, Tim Frost, the CEO of digital wealth platform Yield App, wrote that the crypto market was likely transitioning from the 18-month bear market to more promising times. Frost noted parallels in the crypto 2019 crypto market when bitcoin stalled after emerging from a crypto winter before spiking again the following year.\n"We could be looking at that same period of stability around about now. Indeed, bitcoin has remained relatively stable over the past three months ranging between $28,000 and its current level of just below $31,000," Frost wrote. "If we were to see a few more months of this, this would set the stage for a much more optimistic period in terms of price."\nFrost added that macroeconomic signals and crypto industry trends were pointing positively, including recent declines in inflation, the unveiling of a quantitative easing program in China, increased regulatory clarity in Singapore, Korea and Thailand to prevent the type of asset co-mingling that led to the implosion of disgraced exchange giant FTX and subsequent contagion. He also noted that the SEC was allowing bankrupt crypto lending platform Celsius to sell altcoins for bitcoin and ether that it can then distribute to creditors and other clients.\nRead More:Bankrupt Celsius Can Convert Altcoins to BTC, ETH Starting July 1 Following SEC Talks\n"We really are seeing a clearing of the decks in cryptocurrency," Frost wrote, "and regulation is creating a landscape that will make it easier for everybody to operate. This, combined with some more stable and promising price signals, means that now may be a very good time to think long term.”\nEther was recently changing hands at $1,910, off 1.5% from Tuesday, same time. Other major cryptos spent much of the day in the red with ADA, the token of smart contracts platform Cardano, declining 3%. Litecoin, and popular meme coins DOGE and SHIB all recently dropped more than 2%. STORJ, the native crypto of the Storj cloud storage platform, rose more than 40% earlier in the day, but relinquished its gains to trade down 20% from a day ago.\nTheCoinDesk Market Index, a measure of crypto markets\' overall performance, was recently down 1.3%.\nU.S. stocks edged down with the tech-heavy Nasdaq Composite and S&P 500 falling 0.3% and 0.2%, despite Fed minutes showing some officials favoring a June rate hike. Central bankers have been wrestling with how to continue addressing annual inflation, which remains more than double their 2% goal without casting the U.S. economy into recession. The bank seemed to forge a compromise at its last meetingby haltingits year-long diet of rate hikes while indicating in subsequent comments that it would pass two more rate hikes in 2023. The U.S. Labor Department will announce its nextConsumer Price index on July 12, giving economic observers their next key read on price trends.\nIn recent months, equity and crypto prices have increasingly decoupled,a trend underscoredby recent data from derivatives analytics firm Block Scholes.\nLate Wednesday, BlackRock CEO Larry Fink seemed to buoy crypto markets\' prospects, telling Fox Business in an interview that crypto "could revolutionize finance." Last month, BlackRock, the world\'s largest asset manager, applied for a spot bitcoin ETF, spurring a mini-run of filings and re-filings with the Securities and Exchange Commission (SEC) by other prominent, financial services firms. The SEC has yet to approve a spot BTC ETF.\nRead More:BlackRock CEO Larry Fink Says Bitcoin Could ‘Revolutionize Finance’\n“We believe that if we can create more tokenization of assets and securities – that’s what bitcoin is – it could revolutionize finance,” he said, adding: “Instead of investing in gold as a hedge against inflation, a hedge against the onerous problems of any one country, or the devaluation of your currency whatever country you’re in – let’s be clear, bitcoin is an international asset, it’s not based on any one currency and so it can represent an asset that people can play as an alternative.”\nBitcoin traded sideways in the subsequent hours.\n[{"Asset": "Solana", "Ticker": "SOL", "Returns": "+0.3%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "Terra", "Ticker": "LUNA", "Returns": "\\u22125.9%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Polygon", "Ticker": "MATIC", "Returns": "\\u22124.3%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Gala", "Ticker": "GALA", "Returns": "\\u22124.1%", "DACS Sector": "Entertainment"}]\nThai PM Hopeful Owns Cryptocurrency. Why Does It Matter?\nPita Limjaroenrat, the leader of Thailand’s Move Forward Party, and contender for Prime Minister, holds crypto,according to disclosures filed.\nNow to be sure, he doesn’t own a ton of crypto and has way more traditional finance assets.\nThe cumulative thousands of dollars worth of crypto, split between bitcoin (BTC), ether (ETH), BNB, and Cardano (ADA) is only a fraction of his total net worth of 64,283,544 THB ($1.84 million), and heowns significantly more land and equities.\nAll this is interesting because now Pita joins the ranks of politicians holding crypto. In the United States,a total of eightmembers of Congress hold crypto, or shares in Grayscale’s Bitcoin Trust, according toBitcoinpoliticians.org, which tracks holdings based on financial disclosures. In Korea, one elected representative was referred to theirparliamentary ethics committeeafter he disclosed that he owns a “significant amount of coins”, with a large holding consisting of GameFi platformWeMIX tokens.\nTo put into perspective how mainstream crypto is in Thailand, the Move Forward Party wasn’t “the” crypto party in the country’s recent elections. That honor goes to the Pheu Thai party, one of the other parties to form a governing coalition. The Pheu Thai partypromised an airdropof 10,000 THB (around $300) to every Thai citizen, although the Move Forward Party did make promises about integrating blockchain into government affairs to increase transparency.\nPita isn’t Prime Minister quite yet. Thai political procedure requires the House of Representatives and Senateto vote on who will be prime minister, and that could be an uphill battle.\nBut there is a chance that an elected leader of a major country in Asia will also be a bitcoin hodler. Isn’t that a sign of the times?\n8:15 p.m. HKT/SGT(12:15 p.m. UTC):ADP Employment Change Report (June)\n8:30 p.m. HKT/SGT(12:30 p.m. UTC):U.S. Continuing Jobless Claims (June 23)\n10 p.m. HKT/SGT(2 p.m. UTC):JOLTS Jobs Openings (May)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBlackRock Bitcoin ETF Application Refiled; Michael Moro Takes Helm of New Crypto Derivatives Exchange\nThe Nasdaq exchange has refiled its application to list BlackRock\'s proposed bitcoin exchange-traded fund. Matrixport head of research and strategy Markus Thielen shared his crypto markets analysis. Michael Moro, the former CEO of Genesis Trading, joined "First Mover" to discuss taking the helm of a new cryptocurrency derivatives exchange called Ankex. DCG owns Genesis and CoinDesk. And, TRM Labs head of legal and government affairs Ari Redbord weighed in on the state of the elicit crypto ecosystem.\nBitcoin Remains Range-Bound, Despite Bullish Sentiment:Bitcoin prices have paused with support at $30,000\nNFT Creator Royalty Payments Hit Two-Year Low: Nansen:The rise of royalty-optional platforms like Blur and OpenSea have contributed to declining royalty payments for artists across the space.\nHollywood Legend Steve McQueen Honored as \'King of Cool\' in New NFT Collection:The racing-themed collection with 1,000 NFTs will give holders access to token-gated content, events and games celebrating the actor\'s love of motorcycle racing.\nCrypto Storage Token Storj Rallies 43% Overnight as Trading Volume Surges:The decentralized cloud storage protocol has seen its market value double this week.\nBitcoin Prices Are Hot, but Here’s What Could Crush the Rally:BTC has proved incredibly resilient to the perils of the past year, including FTX’s demise. But there are some macroeconomic surp **Last 60 Days of Bitcoin's Closing Prices:** [28454.98, 27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77, 31156.44, 30777.58, 30514.17] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-07-06 **Financial & Commodity Data:** - Gold Closing Price: $1908.70 - Crude Oil Closing Price: $71.80 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $588,769,214,438 - Hash Rate: 349951484.25940275 - Transaction Count: 392688.0 - Unique Addresses: 709055.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.56 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Fidelity-Backed Crypto Exchange EDX Goes Live The Debut of EDX Markets Comes at a Time When the SEC is Tightening its Oversight on the Cryptocurrency Sector EDX Markets is a new player in the cryptocurrency exchange industry, backed by some of the most influential financial institutions on Wall Street such as Fidelity Investments, Charles Schwab and Citadel Securities. The company announced the launch of its digital asset market on June 20, aiming to attract "industry leaders" by offering a non-custodial model that reduces conflicts of interest, as well as liquidity and competitive quotes. The exchange currently supports only four cryptocurrencies: Bitcoin , Ether , Litecoin , and Bitcoin Cash . However, it plans to launch EDX Clearing, a clearinghouse that will settle trades on the EDX Markets platform with a central counterparty. This will provide benefits such as better price competition, lower settlement risks, and higher operational efficiencies. EDX also secured additional funding from strategic investors such as Miami International Holdings, DV Crypto, GTS, GSR Markets LTD, and HRT Technology, who joined the existing group of founding investors. The debut of EDX Markets comes at a time when the SEC is tightening its oversight on the cryptocurrency sector. Nevertheless, traditional financial firms seem to have remained interested in digital assets. For instance, BlackRock, which has $20 trillion worth of assets under management, applied for the first Bitcoin spot ETF in the US on June 15. If approved, this ETF would offer investors a regulated and convenient way to access Bitcoin.... - Reddit Posts (Sample): [['u/Fabs_-', 'Anybody else pretty fed-up with the post on here ?!', 51, '2023-07-06 00:20', 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/', "It feels like the only things getting asked are ; Should I buy all at once ? DCA ? What hardware wallet is best ? Have you heard about *insert freshest news* ?! Guys, I lost x amount ! Help ? Guys, I hate myself for not buying back then ! Yada yada...\n\nHow is it possible that with 5M+ members, there are close-to-none technical, or even technically related posts about Bitcoin ? It's a freaking Bitcoin sub !\n\nI felt like that before, but damn, since I've been trying to get a better technical understanding about the moving parts of Bitcoin, and started posting some questions about it, there have been less-and-less comments on them- if any.\n\nPretty weak for a Sub this big.", 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/', '14rpcg3', [['u/Good_Extension_9642', 85, '2023-07-06 00:40', 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/jqtfuqh/', 'Hey OP I have a question: should I DCA or purchase with a lump sum?', '14rpcg3'], ['u/satoshisfeverdream', 24, '2023-07-06 01:41', 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/jqto36o/', 'Hey what happens to the Bitcoin network if we have a full moon, solar flare and an eclipse in the same month?', '14rpcg3'], ['u/tarkovLoadedwCheatrs', 24, '2023-07-06 01:57', 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/jqtqalk/', "It's Reddit bro. \n\nAll subs are circle jerk, bias reaffirming, echo chambers.\n\nWTF you expect?\n\n😆", '14rpcg3'], ['u/Nathan-McAlpin', 13, '2023-07-06 02:03', 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/jqtr2ob/', 'Lump it baby! To the MOON!!!', '14rpcg3'], ['u/itfwg', 12, '2023-07-06 02:06', 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/jqtrgjj/', 'Many of us have been here for a long time and got technical questions answered previously from many sources. Sometimes we will help, but we may be distracted with different topics at this time. We continue to be early adopters. A lot of my time has been spent researching super yachts, and fresh water boathouses with access to ocean based in favorable geopolitical locations. It comes with its own technical challenges.', '14rpcg3'], ['u/captain-garfio', 63, '2023-07-06 02:15', 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/jqtsm5e/', 'I was getting fed up but luckily your high quality post restored my faith in this sub.', '14rpcg3'], ['u/BashCo', 40, '2023-07-06 05:17', 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/jqueyqm/', "After reviewing OP's submission history (3 posts ever, all in the past day), I'm strongly encouraging OP to log off for a few days to recalibrate, then come back and post some of the extremely high quality content that he wishes to see here.\n\nBe the change you want to see, and all that.", '14rpcg3']]], ['u/samgf', 'Please rate my brother in laws investment strategy', 18, '2023-07-06 01:17', 'https://www.reddit.com/r/CryptoCurrency/comments/14rqtts/please_rate_my_brother_in_laws_investment_strategy/', 'So for context, I’m somewhat financially savvy but certainly could know more.\n\nI have invested a little into bitcoin but that’s it.\n\nWhat I’m really interested to hear is what you think of my brother in laws investment strategy.\n\nBut of context: he’s 26 and lives in the UK, he cleans windows for a living but is capable of much more and capable of learning something more career based. He’s extremely ambitious and wants to make a lot of money, however he’s clearly not trying to do this through his work…\n\nSo, he invests in crypto, and feels that he’s going to be a multi millionaire in a couple of years.\n\nI asked him about his strategy and he said that when he gets paid, he invests everything he possibly can into the coins that have dropped the most from their all time high. For example, a few days ago when he got paid, he bought occam.fi. He has all of his money spread out across these multiple coins that are worth basically nothing compared to their all time high and he’s fully convinced that they will 100x over the next couple of years when there is ‘the bull run’. He says that everyone who buys a house ‘has taken a massive L’ and is a slave to the system. He doesn’t have any hobbies other than the gym, and my biggest worry is the impact he’s having on his gf (my sister in law). He would never buy bitcoin because he thinks it can never get him the returns he’s looking for ‘doubling my money just isn’t what I’m looking for’.\n\nSo, fellow crypto enthusiasts, what do you think of this strategy? Is there any chance of this paying off? Or is he destined for windows the the rest of his life?', 'https://www.reddit.com/r/CryptoCurrency/comments/14rqtts/please_rate_my_brother_in_laws_investment_strategy/', '14rqtts', [['u/99999999999999999989', 14, '2023-07-06 01:22', 'https://www.reddit.com/r/CryptoCurrency/comments/14rqtts/please_rate_my_brother_in_laws_investment_strategy/jqtlj7r/', 'Dude is completely fucked.\n \nEDIT: So is he buying Shiba? Wrapped Luna perhaps?', '14rqtts'], ['u/zoomercoomer9000', 18, '2023-07-06 01:23', 'https://www.reddit.com/r/CryptoCurrency/comments/14rqtts/please_rate_my_brother_in_laws_investment_strategy/jqtlpcj/', "Occam fi? What's tha-\n\n\nToken | ATH | Price today | Change\n:--|:--|:--|:--\nOCC | $16.76 | $0.14 | -99.16%\n\nOh boy. Well, at least we know your decision to stick with BTC is a more sound investment strategy than your brother's.", '14rqtts'], ['u/deathbyfish13', 10, '2023-07-06 01:45', 'https://www.reddit.com/r/CryptoCurrency/comments/14rqtts/please_rate_my_brother_in_laws_investment_strategy/jqtoncg/', 'Nah according to this guy anyone who has brought a house, you know the one investment that has historically always gone up, is a loser... Dude has lost his damn mind', '14rqtts'], ['u/marsangelo', 23, '2023-07-06 01:47', 'https://www.reddit.com/r/CryptoCurrency/comments/14rqtts/please_rate_my_brother_in_laws_investment_strategy/jqtoyrv/', '“Please brother in law what are you doing”', '14rqtts'], ['u/Sir_McFuckington', 15, '2023-07-06 02:33', 'https://www.reddit.com/r/CryptoCurrency/comments/14rqtts/please_rate_my_brother_in_laws_investment_strategy/jqtusja/', "I don't want to say he's an idiot. But he's an idiot.\n\nI said it...I just didn't want to.", '14rqtts']]], ['u/Crangrapejoose', 'Everything has been a setup for the financial takeover of the world since 2008. A cashless society is looming in which control of everything we do will be tracked.', 61, '2023-07-06 02:23', 'https://www.reddit.com/r/conspiracy/comments/14rscgq/everything_has_been_a_setup_for_the_financial/', 'It started with the crash - then the study of bitcoin over the years. \n\n2012 the financial oversight committee was start which Gary G was the head. \n\n2012 Obama turned on the printing machine full blast\n\nRosie Rios was told in 2012 to reduce coin and cash usage\n\nMassive shift happening in that period. \n\nEnter Jay Clayton with the XRP cripe - now sits on FDIC and so does Rosie Rios\n\n2020 we had the plandemic and we all know how that went financially \n\n2022 the FED openly talks about the digital currency and asks YOUR opinion on the site at that time\n\nBRICS nations declared and their agreement on dropping the US dollar in favor of their own currency\n\nAlong with this you have China that already had a digital Yuan being tested with their social credit score system.\n\nBitcoin was created to study and that is all. \n\nI obviously shortened this a LOT but it truly has been a long con to get us to where we are to replace all cash usage in the world slowly but surely. \n\nI know comments will point out some things I missed so I will update the post in case it gains traction.', 'https://www.reddit.com/r/conspiracy/comments/14rscgq/everything_has_been_a_setup_for_the_financial/', '14rscgq', [['u/Penny1974', 17, '2023-07-06 02:34', 'https://www.reddit.com/r/conspiracy/comments/14rscgq/everything_has_been_a_setup_for_the_financial/jqtuz26/', 'I have a theory on how they get the majority of US citizens to willingly sign up and link their accounts to the CBDC - this be the will end of cash society as we know it and establish a US social credit system. \n\nThere will be another "something", i.e. pandemic, etc. and the government will give out large stimulus checks, but this time you can get your stimulus in a very short period of time (1-2 days) if you sign up and link all of your life to the Fed CBDC site if you don\'t you will receive a paper check in 6-9 months. If this was proposed and the amount was large enough and people were financially hurting the majority of America would willingly sign up.', '14rscgq']]], ['u/Shiratori-3', "BlackRock CEO Larry Fink sees bitcoin as 'digitizing gold'", 16, '2023-07-06 02:31', 'https://www.reddit.com/r/CryptoCurrency/comments/14rsjdm/blackrock_ceo_larry_fink_sees_bitcoin_as/', 'Turntables!', 'https://www.theblock.co/post/237978/blackrock-ceo-larry-fink-sees-bitcoin-as-digitizing-gold', '14rsjdm', [['u/Probably_notabot', 11, '2023-07-06 02:34', 'https://www.reddit.com/r/CryptoCurrency/comments/14rsjdm/blackrock_ceo_larry_fink_sees_bitcoin_as/jqtuy9p/', 'He’ll say anything to get his ETF approved. Institutional FOMO achieved.', '14rsjdm']]], ['u/dibcompany', 'Best idea ever for Pulsechain marketing!!!', 12, '2023-07-06 04:52', 'https://www.reddit.com/r/Pulsechain/comments/14rvqet/best_idea_ever_for_pulsechain_marketing/', "TLTR: Make WBTC price on pulsechain go skyrocket. Like more than the actual BTC price.\n\nCu... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
30342.27, 30292.54, 30171.23, 30414.47, 30620.95, 30391.65, 31476.05, 30334.07, 30295.81, 30249.13
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin fell below the US$30,000 support line in Friday morning trading in Asia as traders took profits amid worries about interest rate hikes in U.S. markets that drove investors into so-called risk-off mode, which pulled equities lower. Ether fell along with most other top 10 non-stablecoin tokens. Solana dodged the bearish sentiment to jump more than 6%. Despite the declines, the cryptocurrency Fear & Greed Index stands in the Greed territory at 56, as institutional interest in Bitcoin looks solid. Losing ground Bitcoin fell 1.88% over the last 24 hours to US$29,919 at 07:20 a.m. in Hong Kong to post a loss of 1.68% for the past seven days, according to data from CoinMarketCap. The world\x92s leading cryptocurrency reached US$31,399 on Thursday night, the highest in 13 months. \x93With strong economic data in the US, good earning expectations and employment data in the private sector, investors are seeing increasing chances of further rate hikes; bond yields rose while equity indexes fell sharply,\x94 said Justin d\x92Anethan, head of APAC business development at Belgium-based crypto market-maker Keyrock . \x93The broad sell-off in risk assets undoubtedly affected crypto traders\x92 sentiment and new highs were seen as a profit-taking opportunity, rather than a chance to go long and hope for even higher prices,\x94 d\x92Anethan said. Large financial institutions show increasing interest in Bitcoin, according to the Bitcoin Monthly June 2023 Report by asset manager Ark Invest on Thursday, which highlighted the balance of Bitcoin held on over-the-counter (OTC) desks, a proxy for institutional activity, hitting a one-year high in late June. \x93By the end of the quarter, the OTC Bitcoin balance had increased by 60% sequentially,\x94 Ark Invest wrote in the report, which suggests \x93institutions and other large capital allocators are focused increasingly on Bitcoin.\x94 Ether fell 3.13% to US$1,851, leaving it flat for the week. The token reached a high of US$1,956 on Thursday evening, but soon lost ground as investors took profits. Story continues Most other top 10 non-stablecoin cryptocurrencies also logged losses in the past 24 hours, with the exception of Solana\x92s SOL and Tron\x92s TRX. Solana jumped 6.48% to US$20.12, moving up 12.52% for the week. The token breached the US$20 resistance level on Thursday evening for the first time since June 7 as sentiment received a boost from a partnership between Coca-Cola Serbia and Solana\x92s non-fungible token (NFT) platform SolSea. The two will launch Coca-Cola brand NFTs at the Exit Festival in Serbia from July 6 to 9. The total cryptocurrency market cap fell 1.45% to US$1.17 trillion in the last 24 hours, while crypto trading volume rose 37.62% to US$43.26 billion, according to CoinMarketCap data. Forkast 500 NFT index dips The indexes are proxy measures of the performance of the global NFT market. They are managed by CryptoSlam , a sister company of Forkast.News under the Forkast.Labs umbrella. The main Forkast 500 NFT index dipped 0.38% in the 24 hours to 11:15 a.m. in Hong Kong to 2,774.37, down 2.73% for the week. The two Forkast indexes measuring the performance of Solana and Cardano NFT markets logged increases. Bored Ape Yacht Club (BAYC) led collections by trading volumes, which rose 19.85% to US$3.49 million. Mutant Ape Yach Club (MAYC) and Azuki ranked second and third. \x93The big NFT collections who saw large decreases in their floor prices have regained some footing, and now are bouncing up or down around 5% instead of the massive double-digit swings they were seeing earlier this week and last week,\x94 said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News. The floor price of BAYC edged up 0.6% in the past 24 hours to 30.95 ETH (US$57,477), according to data from CoinGecko, while MAYC and Azuki dipped 1.5% and 3.2% over the same period. However, the three tokens are still holding two-digit losses for the past seven days. Despite the low price opportunities, a lack of liquidity is keeping investors away from the market, according to Petscher, who said \x93traders are openly discussing having no liquidity and no plans to take advantage of historically low prices across blockchains.\x94 Blur, the leading NFT marketplace, launched its version 2 trading platform on Thursday, which introduced a 50% cut in gas fees and a new \x93trait bidding\x94 feature, which allows traders to bid on specific NFT traits rather than collections and receive Blur reward points. However, the update doesn\x92t appear to be attracting traders. According to data from blockchain aggregator DefiLlama , the total value locked on Blur was US$134.96 million on Friday, down from 155.68 million on Wednesday. \x93There\x92s also talk of ETH being withdrawn from Blur\x92s ETH pool as some of the biggest points farmers are upset with the ongoing Season 2 of farming,\x94 said Petscher. Blur announced its Season 2 of farming in February and said it would distribute over 300 million Blur tokens as rewards for bidding, listing, lending and other activities in the marketplaces. Good news is bad news (again) for U.S. equities Image: Getty Images U.S. stock futures traded lower as of 14:00 p.m. in Hong Kong, according to data from CNN . The three major U.S. indexes also fell in the regular Thursday session. Most main Stock indexes across Asia also tumbled on Friday, with Hong Kong\x92s Hang Seng , South Korea\x92s Kospi and Japan\x92s Nikkei all sliding. China\x92s Shanghai Composite Index edged up. Economic indicators out in the U.S. overnight showed increases in private sector jobs and pay, according to the ADP National Employment Report published . The payroll increase is more than double the analysts\x92 expectation of 228,000, Reuters reported on Thursday, despite the Federal Reserve\x92s monetary tightening campaign. The U.S. services\xa0 purchasing managers\x92 index (PMI) rose to 53.9 in June, according to the Institute for Supply Management on Thursday, which beats Reuters\x92 projection of 51. A reading above 50 indicates expansion, below 50 a contraction. The data added to concerns that the Federal Reserve will continue its campaign of raising rates and holding them higher for longer periods to tackle inflation. The Fed meets on July 26 to make its next decision on interest rates, after leaving them unchanged in June at between 5% and 5.25%. The CME FedWatch Tool predicts a 92.4% chance for a 25-basis-point rate increase, up from 88.7% on Thursday. The likelihood the Fed won\x92t increase is now at just 7.6%. Investors are now waiting for the U.S. government\x92s employment report on Friday, with economists polled by the Wall Street Journal projecting the U.S. economy added 240,000 jobs in June, down from 339,000 in May. (Updates with NFT and equity sections.)', 'Bitcoin fell below the US$30,000 support line in Friday morning trading in Asia as traders took profits amid worries about interest rate hikes in U.S. markets that drove investors into so-called risk-off mode, which pulled equities lower. Ether fell along with most other top 10 non-stablecoin tokens. Solana dodged the bearish sentiment to jump more than 6%. Despite the declines, the cryptocurrency Fear & Greed Index stands in the Greed territory at 56, as institutional interest in Bitcoin looks solid.\nBitcoin fell 1.88% over the last 24 hours to US$29,919 at 07:20 a.m. in Hong Kong to post a loss of 1.68% for the past seven days, according todatafrom CoinMarketCap. The world’s leading cryptocurrency reached US$31,399 on Thursday night, the highest in 13 months.\n“With strong economic data in the US, good earning expectations and employment data in the private sector, investors are seeing increasing chances of further rate hikes; bond yields rose while equity indexes fell sharply,” said Justin d’Anethan, head of APAC business development at Belgium-based crypto market-makerKeyrock.\n“The broad sell-off in risk assets undoubtedly affected crypto traders’ sentiment and new highs were seen as a profit-taking opportunity, rather than a chance to go long and hope for even higher prices,” d’Anethan said.\nLarge financial institutions show increasing interest in Bitcoin, according to theBitcoin Monthly June 2023 Reportby asset manager Ark Invest on Thursday, which highlighted the balance of Bitcoin held on over-the-counter (OTC) desks, a proxy for institutional activity, hitting a one-year high in late June.\n“By the end of the quarter, the OTC Bitcoin balance had increased by 60% sequentially,” Ark Invest wrote in the report, which suggests “institutions and other large capital allocators are focused increasingly on Bitcoin.”\nEther fell 3.13% to US$1,851, leaving it flat for the week. The token reached a high of US$1,956 on Thursday evening, but soon lost ground as investors took profits.\nMost other top 10 non-stablecoin cryptocurrencies also logged losses in the past 24 hours, with the exception of Solana’s SOL and Tron’s TRX.\nSolana jumped 6.48% to US$20.12, moving up 12.52% for the week. The token breached the US$20 resistance level on Thursday evening for the first time since June 7 as sentiment received a boost from apartnershipbetween Coca-Cola Serbia and Solana’s non-fungible token (NFT) platform SolSea. The two will launch Coca-Cola brand NFTs at theExit Festivalin Serbia from July 6 to 9.\nThe total cryptocurrency market cap fell 1.45% to US$1.17 trillion in the last 24 hours, while crypto trading volume rose 37.62% to US$43.26 billion, according to CoinMarketCap data.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nThe mainForkast 500 NFT indexdipped 0.38% in the 24 hours to 11:15 a.m. in Hong Kong to 2,774.37, down 2.73% for the week. The two Forkast indexes measuring the performance of Solana and Cardano NFT markets logged increases.\nBored Ape Yach **Last 60 Days of Bitcoin's Closing Prices:** [27694.27, 27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77, 31156.44, 30777.58, 30514.17, 29909.34] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-07-07 **Financial & Commodity Data:** - Gold Closing Price: $1926.20 - Crude Oil Closing Price: $73.86 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $587,238,531,625 - Hash Rate: 440586401.04601073 - Transaction Count: 556014.0 - Unique Addresses: 773326.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.55 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: New York, NY --News Direct-- Finance News The top online sportsbooks have made their cryptocurrency predictions for the end of 2023, setting the projected price of Bitcoin at a conservative $21,000. With BTC trading for $26,903 as of today, the oddsmakers are predicting an implied move of -21.9%. Find out the odds of Bitcoin trading below $21,000, along with cryptocurrency predictions for Ethereum, Litecoin, and Dogecoin. End-Of-The-Year Cryptocurrency Predictions (2023) Bitcoin investors might want to lock in some profits before the end of the year, according to the top online sportsbooks. The oddsmakers have predicted that the price of Bitcoin could fall to $21,000 USD by the end of 2023, implying a move of -21.9 percent. According to lines set by the best betting sites, Ethereum (-24.8%), Litecoin (-7.6%), and Dogecoin (-0.1%) are also expected to see some price contraction before the end of the year. Let’s take a look at the end-of-the-year cryptocurrency predictions for Bitcoin, Ethereum, Litecoin, and Dogecoin from the top online sportsbooks. Bitcoin Price Prediction Over/Under Today’s Price Implied Move After surpassing $30,000 earlier this year, Bitcoin has started to retreat heading into the summer. Bitcoin is down over four percent over the past month and some investors fear that crypto winter is not quite over yet. The top online sportsbooks seem to agree with oddsmakers setting their lines fairly conservatively for the projected price of Bitcoin at the end of 2023. Today, Bitcoin’s price currently sits at $26,903. Bitcoin is projected to fall to $21,000 by the end of the year, implying a price drop of -21.9 percent. However, the over is favored at -400, meaning that the implied probability of Bitcoin finishing 2023 with a price over $21,000 USD currently sits at 80 percent. By comparison, at +250 odds, the implied probability of Bitcoin’s price falling below $21,000 currently sits at 28.6 percent. Ethereum Price Prediction Over/Under Today’s Price Implied Move Story continues Ethereum investors are not going to like the price predictions made by the top online sportsbooks. Ethereum is up 55.5 percent year-to-date and is trading at $1,862 as of this writing. ETH has continued its resurgence since the beginning of 2023, gaining over 1.8 percent over the past month. However, the oddsmakers aren’t expecting the good times to last for Ethereum investors. The top sportsbooks have set the line for ETH’s end-of-year price at just $1,400, implying a move of -24.8 percent. To make matters worse, the under is favored at -170 odds, giving it an implied probability of 63 percent. At +120 odds, there is only an implied probability of 45 percent that the price of Ethereum will be over $14,000 by the end of 2023 Litecoin Price Prediction Over/Under Today’s Price Implied Move Up 10 percent over the past month and 34.6 percent since the beginning of the year, Litecoin has been rewarding patient investors in 2023. Despite considerable gains over the past year, the coin traded as high as $347 in May 2021 and is still far off its 52-week high of $104.48, leaving plenty of room to grow on its road to recovery. With Bitcoin and Ethereum projected to fall by more than 20 percent, Litecoin investors might be afraid of what is to come later this year. However, the top online sportsbooks are forecasting a milder drop in LTC, predicting that the price will hold at $88 by the end of 2023. That implies a -7.6 percent drop in Litecoin compared to today’s price ($95.20). The under is favored at -140 odds, meaning that there is an implied probability of 58.3 percent that the Litecoin price will fall below $88. On the other hand, the over is set at +100 odds, amounting to an implied probability of 50 percent. Dogecoin Price Prediction Over/Under Today’s Price Implied Move Despite trading as high as 57 cents in May 2021, Dodgecoin has lost steam over the past year. Unlike most cryptocurrencies, Dogecoin has yet to experience a resurgence in 2023. Up only two percentage year-to-date, Dogecoin was trading at 9.6 cents in early April but the meme coin is still far off its 52-week high of 15.7 cents. Today, Dogecoin is trading at just 7.17 cents but the top sportsbooks believe that the coin may have already found its bottom. Dogecoin has shown significant support around 7 cents, and despite forecasting significant reductions in price for Bitcoin and Ethereum, the top sportsbooks are predicting a slim -0.1 percent implied move for Dogecoin by the end of 2023. With the over set at -11o odds, the oddsmakers are giving Dogecoin an implied probability of 52 percent to finish the year with a price of over 7 cents. Originally posted on The Sports Daily: https://thesportsdaily.com/news/sportsbooks-predict-22-drop-in-bitcoin-price-by-end-of-2023-eth-to-drop-by-25/ Contact Details Finance News Alex Brown [email protected] View source version on newsdirect.com: https://newsdirect.com/news/sportsbooks-predict-22-drop-in-bitcoin-price-by-end-of-2023-eth-to-drop-by-25-848694940... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
30292.54, 30171.23, 30414.47, 30620.95, 30391.65, 31476.05, 30334.07, 30295.81, 30249.13, 30145.89
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["US Federal Reserve Chair Jerome Powell attends a press conference in Washington, DC, on March 22, 2023. Liu Jie/Xinhua via Getty Images US stocks fell in volatile trade on a cooler-than-expected jobs report from the Labor Department. But wage growth was hotter than predicted, at a 4.4% jump on an annual basis. This reignited concerns over the Federal Reserve's next steps, which might mean tighter policy. US stocks finished lower on Friday amid volatile trade and capped weekly losses as Wall Street digested the latest jobs report. The Labor Department reported 209,000 new jobs were created, below expectations, after ADP's payroll report Thursday showed blowout gains. However, the government's report Friday also found that wage growth saw a 4.4% jump on an annual basis, which could prompt the central bank to continue lifting interest rates to rein in inflation. Stocks seesawed between losses and gains over the course of the day before closing lower. For the week, the S&P 500 lost 1.16%, the Nasdaq declined 0.92%, and the Dow sank 1.96%. Here's where US indexes stood at the 4:00 closing bell on Friday: S&P 500 : 4,398.95, down 0.29% Dow Jones Industrial Average : 33,734.88, down 0.55% (187.38 points) Nasdaq Composite : 13,660.72, down 0.13% Here's what else is going on: The Russian ruble has nowhere to go as it continues to be brought down by capital flight and declining tax revenue, economist Konstantin Sonin said. Bank of America broke down three things that are about to go wrong in markets and the economy. Some cities can expect their commercial property values crater by up to 40% by 2025 , Capital Economics wrote. Rivian shares extended their rally as Wedbush's Dan Ives sees a turnaround in the company's EV production . In commodities, bonds, and crypto: Oil gained on Friday. West Texas Intermediate climbed 2.9% to $72.10 a barrel. Brent crude , the international benchmark, rose by 2.6% to $78.39 a barrel. Gold edged up 0.19% to $1,925.31 per ounce. The 10-year yield moved up 1.9 basis points to 4.06%. Bitcoin fell 0.15% to $30,206. Read the original article on Business Insider", "• US stocks fell in volatile trade on a cooler-than-expected jobs report from the Labor Department.\n• But wage growth was hotter than predicted, at a 4.4% jump on an annual basis.\n• This reignited concerns over the Federal Reserve's next steps, which might mean tighter policy.\nUS stocks finished lower on Friday amid volatile trade and capped weekly losses as Wall Street digested the latest jobs report.\nThe Labor Department reported 209,000 new jobs were created, below expectations, after ADP's payroll report Thursday showed blowout gains.\nHowever, the government's report Friday also found that wage growth saw a 4.4% jump on an annual basis, which could prompt the central bank to continue lifting interest rates to rein in inflation.\nStocks seesawed between losses and gains over the course of the day before closing lower. For the week, the S&P 500 lost 1.16%, the Nasdaq declined 0.92%, and the Dow sank 1.96%.\nHere's where US indexes stood at the 4:00 closing bell on Friday:\n• S&P 500: 4,398.95, down 0.29%\n• Dow Jones Industrial Average: 33,734.88, down 0.55% (187.38 points)\n• Nasdaq Composite: 13,660.72, down 0.13%\nHere's what else is going on:\n• The Russian ruble has nowhere to goas it continues to be brought down by capital flight and declining tax revenue, economist Konstantin Sonin said.\n• Bank of America broke downthree things that are about to go wrongin markets and the economy.\n• Some cities can expect theircommercial property values crater by up to 40% by 2025, Capital Economics wrote.\n• Rivian shares extended their rally asWedbush's Dan Ives sees a turnaround in the company's EV production.\nIn commodities, bonds, and crypto:\n• Oil gained on Friday.West Texas Intermediateclimbed 2.9% to $72.10 a barrel.Brent crude, the international benchmark, rose by 2.6% to $78.39 a barrel.\n• Goldedged up 0.19% to $1,925.31 per ounce.\n• The10-year yieldmoved up 1.9 basis points to 4.06%.\n• Bitcoinfell 0.15% to $30,206.\nRead the original article onBusiness Insider", "(Bloomberg) -- A Chinese industry body of automakers retracted a two-day-old pledge not to resort to “abnormal pricing practices,” earlier seen as an effort to end a bruising price war in the country’s electric-vehicle market.\nMost Read from Bloomberg\n• How Much Income You Need to Crack America's Richest 1%\n• Ex-Celsius CEO Alex Mashinsky Charged With Crypto Fraud\n• DeSantis Says No Thanks to $377 Million in US Energy Funds\n• Fund Titans Are Betting on Everything Gaining Against the Dollar\n• Epstein-Staley Emails Reveal Friendship Forged at JPMorgan\nThe China Association of Automobile Manufacturers is deleting one of the four commitments signed on Thursday by 16 companies at an event it organized, which promised to refrain from practices that disrupt fair market competition, it said in a statement posted on its website on Saturday.\nThe reference to “pricing” in the pledge was inappropriate and in breach of a principle enshrined in the nation’s anti-trust law, the association said. The retraction came after the clause drew “widespread attention,” according to the statement.\nThe association urged the 16 companies and other members to strictly follow the anti-trust law and other rules that encourage independent pricing and fair competition.\nRead more: Tesla and Chinese Rivals Signal Truce in Brutal EV Price War\nTesla Inc. was the only foreign brand among the automakers that took part in the signing ceremony in Shanghai, committing to a four-point pledge. The companies also included BYD Co., Nio Inc., Xpeng Inc., Geely and Chery Automobile Co.,.\nAustin, Texas-based Tesla started cutting prices in China late last year, prompting other major brands to join in with steep discounts in the earlier part of 2023 as sales slowed.\nThe lagged impact of Covid restrictions and expectations of further price cuts weakened car demand in the world’s second-largest economy. The government has started a campaign to promote EV adoption in rural areas, among other measures to lift the auto industry and wider consumption.\nRead more: Tesla Offers More Incentives for Model 3 and Y Buyers in China\n--With assistance from Chunying Zhang and Bei Hu.\nMost Read from Bloomberg Businessweek\n• South Korea’s Archaic Rental System Is Costing People Their Life Savings\n• A Japanese Company Bans Late-Night Work. A Baby Boom Soon Follows\n• New Bitcoin ETFs Now? Amid the Crypto Crackdown?\n• Americans Prepare for Tighter Budgets as Student Loan Payments Resume\n• iQuit: My Hellish Attempt to Leave Apple’s Walled Garden\n©2023 Bloomberg L.P.", "(Bloomberg) -- A Chinese industry body of automakers retracted a two-day-old pledge not to resort to \x93abnormal pricing practices,\x94 earlier seen as an effort to end a bruising price war in the country\x92s electric-vehicle market. Most Read from Bloomberg How Much Income You Need to Crack America's Richest 1% Ex-Celsius CEO Alex Mashinsky Charged With Crypto Fraud DeSantis Says No Thanks to $377 Million in US Energy Funds Fund Titans Are Betting on Everything Gaining Against the Dollar Epstein-Staley Emails Reveal Friendship Forged at JPMorgan The China Association of Automobile Manufacturers is deleting one of the four commitments signed on Thursday by 16 companies at an event it organized, which promised to refrain from practices that disrupt fair market competition, it said in a statement posted on its website on Saturday. The reference to \x93pricing\x94 in the pledge was inappropriate and in breach of a principle enshrined in the nation\x92s anti-trust law, the association said. The retraction came after the clause drew \x93widespread attention,\x94 according to the statement. The association urged the 16 companies and other members to strictly follow the anti-trust law and other rules that encourage independent pricing and fair competition. Read more: Tesla and Chinese Rivals Signal Truce in Brutal EV Price War Tesla Inc. was the only foreign brand among the automakers that took part in the signing ceremony in Shanghai, committing to a four-point pledge. The companies also included BYD Co., Nio Inc., Xpeng Inc., Geely and Chery Automobile Co.,. Austin, Texas-based Tesla started cutting prices in China late last year, prompting other major brands to join in with steep discounts in the earlier part of 2023 as sales slowed. The lagged impact of Covid restrictions and expectations of further price cuts weakened car demand in the world\x92s second-largest economy. The government has started a campaign to promote EV adoption in rural areas, among other measures to lift the auto industry and wider consumption. Story continues Read more: Tesla Offers More Incentives for Model 3 and Y Buyers in China --With assistance from Chunying Zhang and Bei Hu. Most Read from Bloomberg Businessweek South Korea\x92s Archaic Rental System Is Costing People Their Life Savings A Japanese Company Bans Late-Night Work. A Baby Boom Soon Follows New Bitcoin ETFs Now? Amid the Crypto Crackdown? Americans Prepare for Tighter Budgets as Student Loan Payments Resume iQuit: My Hellish Attempt to Leave Apple\x92s Walled Garden ©2023 Bloomberg L.P.", 'Welcome to This Week in the Metaverse, where Fortune rounds up the most interesting news in the world of NFTs, culture, and the metaverse. Email [email protected] with tips. When people think NFTs, they often think of Bored Ape Yacht Club. Since it launched in 2021, the profile picture project\'s fate has been inextricably linked with non-fungible tokens and vice versa—for better or worse. And with the NFT market spiraling, the Bored Ape Yacht Club has been dragged into a whirlpool. Although still leading all collections in trading volume, in June, BAYC\'s price floor hit its lowest point in 20 months, according to a report by DappRadar . The lowest purchase price for one of the unamused simian cartoo **Last 60 Days of Bitcoin's Closing Prices:** [27658.78, 27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77, 31156.44, 30777.58, 30514.17, 29909.34, 30342.27] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-07-08 **Financial & Commodity Data:** - Gold Closing Price: $1926.20 - Crude Oil Closing Price: $73.86 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $588,757,364,550 - Hash Rate: 448139310.7782279 - Transaction Count: 573697.0 - Unique Addresses: 695972.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.58 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Major cryptocurrencies faced renewed pressure Thursday as the industry grappled with new challenges on numerous fronts. Bitcoin (BTC-USD), the largest digital coin, slipped 4% and fell to its lowest level in the past three months. Other major cryptocurrencies dipped, with ether (ETH-USD) and BNB (BNB-USD) falling more than 5% and a stablecoin called tether going below its crucial $1 price. Those drops dragged the total market value for all crypto assets to its lowest level since the banking turmoil began in March, according toCoinmarketcap. Publicly traded crypto companies also fell, including the stock of Coinbase Global (COIN). Other crypto stocks including MicroStrategy (MSTR), Riot Platforms (RIOT), and Marathon Digital (MARA) sold off as well. The new price pressures follow assurances from the Federal Reservethat it isn’t done hiking interest rates this yearalong with reports thatcrypto lending platforms Delio and Haru paused withdrawalsafter facing heightened requests from customers. Regulators also are turning up the heat on the industry with two new lawsuits filed by the Securities and Exchange Commission last week against crypto exchanges Coinbase and Binance, alleging that 19 specific cryptocurrencies are securities and thus should be registered with the SEC. Those tokens — which includeBNB,SOL,ADA, andMATIC— have fallen 10-14% since the lawsuits. "Until the regulatory environment is better, cryptos might struggle here," Oanda market analyst Edward Moya said Thursday. The multiple pressure points leave the industry with another problem: a lot of sellers and not enough buyers. Major trading firms that once might have acted as market makers have retrenched over the last year. In the last week trading volumes have fallen on Coinbase and Binance. Liquidity is also lower on Binance's US-affiliated platform, Binance.US. The amount of money available for trading on Binance's US-affiliated platform fell 75% following last week's SEC charges, according to Kaiko Research. "Everything is coming together all at once and we have thin liquidity in markets now," crypto investor and entrepreneur Thomas Dunleavy told Yahoo Finance. Another sign of increased stress is the pressure on tether (USDT), the market’s largest dollar-pegged stablecoin by market capitalization and trading volume. It fell as much as 0.20% between Wednesday and Thursday, its biggest one-day drop since November. As of Thursday at 2:00 AM New York time, the $83 billion stablecoin, which isn’t supposed to fluctuate below its crucial $1 price, fell to $0.9958. It is issued by a company called Tether. “Markets are edgy in these days, so it's easy for attackers to capitalize on this general sentiment,” Tether’s chief technology officer Paolo Ardoino said over Twitter earlier Thursday. Tether tokens are collateralized by other assets the company holds in reserves, including 85% in cash and cash equivalents such as US Treasuries, 6.5% in secured loans, and 4% in precious metals according to its March 31 reservereport. When the stablecoin slips below its $1 peg, "verified" market participants also can make a profit by buying the token and redeeming it for other currencies. However, in periods of heightened selling, the redemption process does not always keep up with the market. In May 2022, the so-called “algorithmic stablecoin” terraUSD collapsed after slipping too far below its $1 peg, causing a rapid shift in sentiment that led to a loss in confidence for the coin by the market leading to its ultimate collapse. During the month of terra’s collapse, Tether’s Ardoino told Yahoo Finance that Tether faced heightened withdrawals asinvestors rushed to liquidate $10 billion worth of holdings in 11 days. Despite temporarily slipping as low as 95 cents during the period, it gradually regained its $1 price over the following weeks. Today, Ardoino struck a defiant tone on Twitter. “We're ready as always. Let them come. We're ready to redeem any amount,” Ardoino said in his tweet. Click here for the latest stock market news and in-depth analysis, including events that move stocks Read the latest financial and business news from Yahoo Finance... - Reddit Posts (Sample): [['u/Yogi_DMT', 'Why is BTC on Binance US a whole 2k+ lower than coinbase/robinhood?', 15, '2023-07-08 00:33', 'https://www.reddit.com/r/CryptoMarkets/comments/14tlpd0/why_is_btc_on_binance_us_a_whole_2k_lower_than/', ' Right now BTC/USD is trading at about 27500 on Binance US whereas bitcoin on all other platforms seems to be around 30k. Why the difference? ', 'https://www.reddit.com/r/CryptoMarkets/comments/14tlpd0/why_is_btc_on_binance_us_a_whole_2k_lower_than/', '14tlpd0', [['u/Nine_9er', 12, '2023-07-08 01:54', 'https://www.reddit.com/r/CryptoMarkets/comments/14tlpd0/why_is_btc_on_binance_us_a_whole_2k_lower_than/jr3b9ol/', 'There’s no one with USD to buy the Bitcoin. They stopped all on-ramps.', '14tlpd0']]], ['u/peasantpeon', 'Reminder, again!', 39, '2023-07-08 01:53', 'https://www.reddit.com/r/Bitcoin/comments/14tnoe6/reminder_again/', 'Everybody get your BTC of exchanges, especially Binance.\n\nDon\\`t tell me I didnt warn you. ', 'https://www.reddit.com/r/Bitcoin/comments/14tnoe6/reminder_again/', '14tnoe6', [['u/ILikePracticalGifts', 34, '2023-07-08 02:29', 'https://www.reddit.com/r/Bitcoin/comments/14tnoe6/reminder_again/jr3fp81/', '> Don`t tell me I didnt warn you.\n\nDidn’t even know you existed', '14tnoe6'], ['u/Youretoo', 10, '2023-07-08 07:02', 'https://www.reddit.com/r/Bitcoin/comments/14tnoe6/reminder_again/jr4a54p/', '/r/iamthemaincharacter', '14tnoe6']]], ['u/AdDue7063', 'Scams so far in last two weeks', 34, '2023-07-08 02:34', 'https://www.reddit.com/r/sugarlifestyleforum/comments/14ton3j/scams_so_far_in_last_two_weeks/', 'So as i mentioned, my sb had to move to europe somehow and left me alone. So i had to find another one, so i jumped into the bowl head first and so far these are the scammers i ran into:\n\n(1) rinser- sent me her bank account with negative balance, wanted to meet right away.. and asked for ppm for m&g, after i refused made a large scene..\n\n(2) pig slaughtering— a russian babe keeps talking about her uncle’s investment on bitcoin- after i told her i have some deriv investment can double within a week and if she would like to invest, she disappeared.\n\n(3) blackmail— someone got my phone number and reverse engineered my linkedin page and asked for money.\n\n(4) professionals, professionals, professionals….\n\n(5) picture sellers.. and stood me up on a meet and greet.\n\nGuys.. keep sharp.. this is adult swimming only.. i thought i was pretty sharp.. (3) still got me.. impeccable bio, very relatable pictures, very good reason why she needs my real number(ok i was thinking using my other brain again). But fundamentally the rule is still.. no payment until meeting people in real life.. and no compromising material..(3) actually asked for it when volunteered some naked pictures.. thank god.. thank god.. thank god…', 'https://www.reddit.com/r/sugarlifestyleforum/comments/14ton3j/scams_so_far_in_last_two_weeks/', '14ton3j', [['u/asdfqwertys909', 10, '2023-07-08 02:42', 'https://www.reddit.com/r/sugarlifestyleforum/comments/14ton3j/scams_so_far_in_last_two_weeks/jr3hdod/', "thank goodness its not just me. I just started seriously looking a month or two ago after a 3 year SR. it seems like the SB's in my area want allowances and everything prior to meeting for a cup of coffee, etc. apparently a lot of relatives are dying and emergency errands (?) are being run lol. quite the interesting turn of events since i last tried to find a SB.", '14ton3j'], ['u/HotGenie234', 22, '2023-07-08 03:22', 'https://www.reddit.com/r/sugarlifestyleforum/comments/14ton3j/scams_so_far_in_last_two_weeks/jr3mabz/', 'Whew. I guess my newbie post attracted some vermin. I got a DM which already set off red flags. But I’m bored so I decided to play. He very quickly asked that I be his SB and he needs only emotional support not sex lmao. Then he said he was an agricultural engineer with dispensaries. \n\nCouldn’t say what city he lived in even though I asked twice. Very quickly offered me an allowance rate without prompting. When I balked and asked that we get to know each other he asked if I have an iphone. (This is obvs for reverse engineering purposes).\n\n\nUpon confirmation he asked that I email him with my iPhone. At this point I thanked him for his time, to which he responded “KYS”. To those that don’t understand this sweet acronym, it means “k*ll yourself”😂🥰. \nJust putting this out there for other newbies. Happy to post screenshots if that’s allowed.', '14ton3j'], ['u/Plenty_Ad_5403', 15, '2023-07-08 14:41', 'https://www.reddit.com/r/sugarlifestyleforum/comments/14ton3j/scams_so_far_in_last_two_weeks/jr5a92v/', 'Additional scam...\n(1) girl sends unsolicited nudes\n(2) then mentions she will turn 18 next month\n(3) her relative contacts SD stating to contact them for soliciting underage pics of their niece, daughter etc\n(4) if no contact they will go to the cops\n(5) "police Detective " contacts SD asking for a call back \n\nOf course all fake preying on the weak minded .... use 3rd party app for contacting to remain anonymous never use real phone numbers, email addresses etc', '14ton3j']]], ['u/Rive2099', 'Is BTC ATM the only true anonymous way to purchase BTC?', 12, '2023-07-08 03:55', 'https://www.reddit.com/r/BitcoinBeginners/comments/14tqe5d/is_btc_atm_the_only_true_anonymous_way_to/', "Explain this to me.\n\nWhat first comes to mind is this:\n\n1. I buy from an exchange.(That probably has your information.)\n2. Put BTC from exchange to hot wallet.\n3. Put BTC from hot wallet to Hard Wallet.\n4. You are now associated with your wallet.\n\nThis seems normal, but doing this there are many ways to track the purchase back to my exact wallet, and then it is compromised and no matter what someone could look at my address and find out how much BTC I have. \n\nBuying from a BTC atm makes sense:\n\n1. Buy with cash from atm.\n2. BTC directly to wallet address.\n3. Nobody knows it is your wallet, just that this address received money.\n4. You are not associated with your wallet.\n\nI've seen things about p2p websites, but this doesn't make sense either:\n\n1. Connect some form of banking/credit line to a p2p website:\n2. Money goes into p2p website and BTC is sent to your address.\n3. Nobody knows your wallet, but they do know that money from your identity was used to purchase x amount of BTC.\n\nSo does this mean the only way to really purchase BTC without anyone ever knowing you purchased BTC is by buying from an BTC ATM?\n\nSorry if this was confusing. Thanks for help in advance.", 'https://www.reddit.com/r/BitcoinBeginners/comments/14tqe5d/is_btc_atm_the_only_true_anonymous_way_to/', '14tqe5d', [['u/bitusher', 12, '2023-07-08 04:21', 'https://www.reddit.com/r/BitcoinBeginners/comments/14tqe5d/is_btc_atm_the_only_true_anonymous_way_to/jr3t2pp/', 'There are many ways to acquire BTC privately \n\n1) BTC atm without verification - coinatmradar.com \n\n2) receive btc for selling goods and services \n\n3) buy btc p2p in person \n\n4) mine btc \n\n5) Use a DEX like robosats or bisq or \n\nhttps://github.com/cointastical/P2P-Trading-Exchanges\n\n6) Buy BTC with ID than regain privacy after the fact', '14tqe5d']]], ['u/Appropriate-Boot-172', "cheapest way to convert ETH to BTC that's on ledger?", 16, '2023-07-08 05:01', 'https://www.reddit.com/r/ledgerwallet/comments/14trtwv/cheapest_way_to_convert_eth_to_btc_thats_on_ledger/', "Whats the cheapest way to convert ETH to BTC that's on ledger? I see that you can convert directly on the ledger but is this the best way to do taht?", 'https://www.reddit.com/r/ledgerwallet/comments/14trtwv/cheapest_way_to_convert_eth_to_btc_thats_on_ledger/', '14trtwv', [['u/loupiote2', 10, '2023-07-08 05:14', 'https://www.reddit.com/r/ledgerwallet/comments/14trtwv/cheapest_way_to_convert_eth_to_btc_thats_on_ledger/jr3z7oh/', 'Use a reputable centralized exchange like Coinbase, Binance, Kraken, Kucoin etc.', '14trtwv'], ['u/Downtown-Ad-3724', 15, '2023-07-08 06:45', 'https://www.reddit.com/r/ledgerwallet/comments/14trtwv/cheapest_way_to_convert_eth_to_btc_thats_on_ledger/jr48jrh/', 'I think OP\'s question in other words is "is it cheaper to move ETH to an exchange (which is expensive), convert it to BTC then move that BTC back to the Ledger" or just use the (also expensive) conversion feature in Ledger Live?\n\nI\'ve wondered this myself. The former is more complicated and error prone but how much expense is saved, really?', '14trtwv']]], ['u/AutoModerator', '[Daily Discussion] - Saturday, July 08, 2023', 26, '2023-07-08 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/14tt1z6/daily_discussion_saturday_july_08_2023/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡**Tip Fellow Redditors over the Lightning Network**⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\n**Other ways to interact:**\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/14tt1z6/daily_discussion_saturday_july_08_2023/', '14tt1z6', [['u/ImpudicusFungus', 13, '2023-07-08 11:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/14tt1z6/daily_discussion_saturday_july_08_2023/jr4wmhc/', 'When the time comes the move will be epic. Enjoy your weekend in the meantime.', '14tt1z6'], ['u/jarederaj', 19, '2023-07-08 14:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/14tt1z6/daily_discussion_saturday_july_08_2023/jr59qy... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
30171.23, 30414.47, 30620.95, 30391.65, 31476.05, 30334.07, 30295.81, 30249.13, 30145.89, 29856.56
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["(Bloomberg) -- Billionaire Mukesh Ambani’s soon to be spun out financial services unit recommended his daughter Isha Ambani as a non-executive director of the board, underscoring the latest succession planning within his retail-to-refining empire.\nMost Read from Bloomberg\n• Singapore Arrests Minister, Property Tycoon in Graft Probe\n• How Much Income You Need to Crack America's Richest 1%\n• DeSantis Says No Thanks to $377 Million in US Energy Funds\n• Ex-Celsius CEO Alex Mashinsky Charged With Crypto Fraud\n• Microsoft, Activision Eye UK Rights Sale to Get Merger Done\nReliance Strategic Investments Ltd., which will be known as Jio Financial, approved the appointment of Rajiv Mehrishi, who previously served as the Comptroller and Auditor General of India, Sunil Mehta and Bimal Manu Tanna as independent directors, according to a filing on Saturday.\nIsha is part of the leadership team at Reliance Retail Ventures Ltd., where she is driving expansion into new business lines, geographies and formats, the company said in the filing. Isha played a pivotal role in the 2016 launch of the mobile data network Jio, the filing said.\nRead More: Ambani to List Financial Services, Rejig Engineering Business\nAmbani, who was locked in a bitter succession feud with his younger brother Anil Ambani about two decades ago, is seeking to avoid a similar power struggle among his three children. Last year, his eldest son Akash Ambani took over as chairman of wireless operator Reliance Jio Infocomm Ltd. Younger son Anant Ambani has taken on the group’s renewable energy flank.\nMost Read from Bloomberg Businessweek\n• South Korea’s Archaic Rental System Is Costing People Their Life Savings\n• What If the Next Big Social Media App Is ... Nothing?\n• A Japanese Company Bans Late-Night Work. A Baby Boom Soon Follows\n• New Bitcoin ETFs Now? Amid the Crypto Crackdown?\n• iQuit: My Hellish Attempt to Leave Apple’s Walled Garden\n©2023 Bloomberg L.P.", "(Bloomberg) -- Billionaire Mukesh Ambani\x92s soon to be spun out financial services unit recommended his daughter Isha Ambani as a non-executive director of the board, underscoring the latest succession planning within his retail-to-refining empire. Most Read from Bloomberg Singapore Arrests Minister, Property Tycoon in Graft Probe How Much Income You Need to Crack America's Richest 1% DeSantis Says No Thanks to $377 Million in US Energy Funds Ex-Celsius CEO Alex Mashinsky Charged With Crypto Fraud Microsoft, Activision Eye UK Rights Sale to Get Merger Done Reliance Strategic Investments Ltd., which will be known as Jio Financial, approved the appointment of Rajiv Mehrishi, who previously served as the Comptroller and Auditor General of India, Sunil Mehta and Bimal Manu Tanna as independent directors, according to a filing on Saturday. Isha is part of the leadership team at Reliance Retail Ventures Ltd., where she is driving expansion into new business lines, geographies and formats, the company said in the filing. Isha played a pivotal role in the 2016 launch of the mobile data network Jio, the filing said. Read More: Ambani to List Financial Services, Rejig Engineering Business Ambani, who was locked in a bitter succession feud with his younger brother Anil Ambani about two decades ago, is seeking to avoid a similar power struggle among his three children. Last year, his eldest son Akash Ambani took over as chairman of wireless operator Reliance Jio Infocomm Ltd. Younger son Anant Ambani has taken on the group\x92s renewable energy flank. Most Read from Bloomberg Businessweek South Korea\x92s Archaic Rental System Is Costing People Their Life Savings What If the Next Big Social Media App Is ... Nothing? A Japanese Company Bans Late-Night Work. A Baby Boom Soon Follows New Bitcoin ETFs Now? Amid the Crypto Crackdown? iQuit: My Hellish Attempt to Leave Apple\x92s Walled Garden ©2023 Bloomberg L.P.", "When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like inBitcoin Well Inc.'s(CVE:BTCW) instance, it's good news for shareholders.\nWhile insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.\nView our latest analysis for Bitcoin Well\nIn the last twelve months, the biggest single purchase by an insider was when Director Terry Rhode bought CA$71k worth of shares at a price of CA$0.064 per share. That means that even when the share price was higher than CA$0.055 (the recent price), an insider wanted to purchase shares. It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.\nIn the last twelve months Bitcoin Well insiders were buying shares, but not selling. Their average price was about CA$0.051. These transactions show that insiders have confidence to invest their own money in the stock, albeit at slightly below the recent price. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!\nBitcoin Well is not the only stock that insiders are buying. For those who like to findwinning investmentsthisfreelist of growing companies with recent insider purchasing, could be just the ticket.\nThere was some insider buying at Bitcoin Well over the last quarter. Director Terry Rhode purchased CA$37k worth of shares in that period. It's good to see the insider buying, as well as the lack of recent sellers. But the amount invested in the last three months isn't enough for us too put much weight on it, as a single factor.\nI like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Bitcoin Well insiders own about CA$4.8m worth of shares (which is 50% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.\nInsider purchases may have been minimal, in the last three months, but there was no selling at all. That said, the purchases were not large. However, our analysis of transactions over the last year is heartening. Judging from their transactions, and high insider ownership, Bitcoin Well insiders feel good about the company's future. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Our analysis shows5 warning signs for Bitcoin Well(4 make us uncomfortable!) and we strongly recommend you look at them before investing.\nIf you would prefer to check out another company -- one with potentially superior financials -- then do not miss thisfreelist of interesting companies, that have HIGH return on equity and low debt.\nFor the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.\nHave feedback on this article? Concerned about the content?Get in touchwith us directly.Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature.We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.\nJoin A Paid User Research SessionYou’ll receive aUS$30 Amazon Gift cardfor 1 hour of your time while helping us build better investing tools for the individual investors like yourself.Sign up here", "When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like inBitcoin Well Inc.'s(CVE:BTCW) instance, it's good news for shareholders.\nWhile insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.\nView our latest analysis for Bitcoin Well\nIn the last twelve months, the biggest single purchase by an insider was when Director Terry Rhode bought CA$71k worth of shares at a price of CA$0.064 per share. That means that even when the share price was higher than CA$0.055 (the recent price), an insider wanted to purchase shares. It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.\nIn the last twelve months Bitcoin Well insiders were buying shares, but not selling. Their average price was about CA$0.051. These transactions show that insiders have confidence to invest their own money in the stock, albeit at slightly below the recent price. You can see the insider transactions (by companies and individuals) over the last year depicted in the ch **Last 60 Days of Bitcoin's Closing Prices:** [27621.76, 27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77, 31156.44, 30777.58, 30514.17, 29909.34, 30342.27, 30292.54] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-07-09 **Financial & Commodity Data:** - Gold Closing Price: $1926.20 - Crude Oil Closing Price: $73.86 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $589,270,164,000 - Hash Rate: 425480581.581576 - Transaction Count: 594265.0 - Unique Addresses: 732590.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.55 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: NEW YORK, June 12, 2023 --( BUSINESS WIRE )--Block Green, a Switzerland-based Bitcoin liquidity protocol, and Merkle Standard, a US Bitcoin mining company, have announced a partnership aimed at transforming the financing landscape of Bitcoin mining. The collaboration allows Merkle Standard to leverage Block Green's innovative platform for hedging future revenue risks and accessing immediate liquidity at transparent and favorable rates. Block Green is at the forefront of transforming the financing landscape within the Bitcoin ecosystem through its pioneering platform, they facilitate mining rewards streaming agreements utilizing Bitcoin script and custodial solutions, unlocking attractive opportunities for Bitcoin holders and miners. This transformative approach redefines the financing dynamics within the Bitcoin ecosystem, empowering participants with a new avenue for engaging in the market. By leveraging the capabilities of Block Green's platform, datacenter operators can seize the opportunity to sell exposure to their future revenues at a discount, providing a practical financing option that addresses their liquidity needs. Simultaneously, BTC holders can benefit from the platform, yielding an attractive BTC native return. Merkle Standard will sell exposure to 100 PH/s of hashrate over the duration of 30 days to a value of 7.5 BTC in immediate upfront liquidity. The trade has been filled by LPs including Luxor Tech , a mining software and services company. "We are excited to partner with Merkle Standard and have them as one of the first clients to use our innovative liquidity solutions," said Sebastien Hess, CEO at Block Green. "Our platform empowers Bitcoin miners to unlock and access future liquidity and hedge revenue risks, driving growth capital coupled with risk mitigation for sophisticated mining operations." Holden Guillies, Head of Research at Merkle Standard said "We are excited to collaborate with Block Green and be the first company to publicly announce a hashrate forward sale agreement on their platform. This innovative financial product provides us with a new way to manage risk by hedging mining difficulty while gaining upfront liquidity. We believe this partnership offers an essential tool to effectively plan, operate, and execute within the fast-moving Bitcoin mining industry. Story continues About Block Green: Block Green is a Bitcoin liquidity protocol that aims to transform the financing landscape within the Bitcoin ecosystem. The company is backed by top-tier investors including Founders Fund, Coinbase Ventures, and FJ Labs. About Merkle Standard: Merkle Standard is a premier digital asset mining company with 2.8 EH and a distinct focus on integrating data center infrastructure into industrial sites with the ability to repurpose heat. Merkle currently operates a 100 MW bitcoin mining site at a Paper Mill in Usk, Washington, and a 40 MW site in Spartanburg, South Carolina. At its Washington site, Merkle is a joint venture partner with Bitmain and is proud to have the largest deployment of hydro-cooled Bitcoin miners in North America. View source version on businesswire.com: https://www.businesswire.com/news/home/20230612242198/en/ Contacts Email - [email protected] Phone - +1 917 294 2686... - Reddit Posts (Sample): [['u/Into-the-Beyond', 'A little epiphany after being in this space for years', 219, '2023-07-09 01:20', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/', 'The longer you’re here, the more you end up reframing your world views upon reflection. It sounds like a cult, but it’s really just a lens of perspective gained through education that can’t be unseen. While rewatching Deadwood, I was just thinking about how gold, a useful mineral in electronics today, back then was just a shiny rock with value because of perception and scarcity. Its supply was limited by how much people could find. And people found a lot! Supplies were very expensive with people trading lumps or gold for whatever they needed to continue prospecting. “How much you gettin’ there?” Carlton Lassiter from Psych asked his claim neighbor.\n\nGold was actually cheap by today’s standards, but scarcity has reigned supreme over time. The value of gold was the amount it took to convince a prospector to prospect. “Enough for whiskey, p****, and food from the Gem Saloon.”\n\nSuddenly, white people flooded native land and used made-up laws that the natives were excluded from in order to steal the land out from under them. Then they tore up the ground, laboring in dangerous conditions to literally sift through the dirt, all because the people who were rich enough to horde the shiny rocks paid handsomely. Manifest destiny was spread across the land by the perception of the value of gold. Its true value was its ability to force change simply by people wanting to acquire more of it. The rich didn’t care if commoners toiled and died as long as they changed the demographics of the land and paid a solid cut of the profits of the economy back to the top for basic incentives. The rich sold shovels and plots. And where is all that gold today? The rich slowly absorbed everything of value to them by any means necessary.\n\nToday, with unprecedented wealth disparity across the world, there’s a new gold rush happening, but this time it’s for Bitcoin—a once in humanity all-stars-miraculously-aligned type of invention. But unlike gold, no one’s literally living on top of the Bitcoin when it’s mined. Its mathematically scarce. It’s side-effect is stabilizing energy grids. Instead of “lawful” theft of resources, it’s a bloodless revolution. The only losers are to the unaware who don’t hold any and toil under the current system, plus the governments who lose liquidity in their rigged economies. The liquidity in their systems is what allows them to wage wars. First comes propaganda, delivered to us from birth, then comes printing more fiat to pay soldiers for doing the dirty work. (Also the banks lose, because they’re unneeded in a full Bitcoin economy and are full of bloat.)\n\nStories—propaganda—are powerful but “value” is also real. The true value is the ability to change society. The value of any given asset depends on the path the rich have to take to control said asset. With Bitcoin, control is inevitable—it’s what the rich do—but they have to pay for it just like the rest of us. The properties of Bitcoin allows true savings which is much more advantageous to plebes than anything we’ve ever seen under a fiat system. Bitcoin allows for saving of buying power to a fixed percentage of the total supply. Bitcoin’s immutable nature is part of its value. Top holders still have to play within the rules—no one can change the supply because it is set by the decentralized power of the people. It’s the best thing to happen to wealth redistribution possibly in all of history. What a time to be alive! This has all been simplified to a degree, but I hope you all understand my points. I’m a fantasy author with an economics degree. If that makes a difference in how you see me, perhaps you are influenced by stories and should read the Bitcoin Whitepaper and/or The Bitcoin Standard and think about what “value” is.\n\nTLDR;\nGold is shiny rocks that have historically convinced people into doing terrible things for the benefit of the rich. Control is wielded through scarcity—propaganda and perception effect actions. The true value of any asset is the change to society it can influence. Fiat is synonymous in this way, but even easier for governments to control and inflate because they literally print it constantly. Bitcoin is freedom because it is the hardest to control and everyone has to play by the same rules. Its properties benefit savers.', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/', '14uilwo', [['u/kuzkokronk', 73, '2023-07-09 01:48', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr7rbu6/', 'This guy bitcoins.', '14uilwo'], ['u/Otherwise-Degree-368', 24, '2023-07-09 01:58', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr7si2i/', 'Well said... and true.', '14uilwo'], ['u/leandropoppz', 10, '2023-07-09 01:58', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr7sl8m/', 'Thanks for sharing with us ! Really good!', '14uilwo'], ['u/Into-the-Beyond', 10, '2023-07-09 02:31', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr7wiiw/', 'While I agree to a degree, I don’t think we are anywhere near Bitcoin under performing against fiat-valued index funds. Maybe in a hundred years when miners are only collecting fees. Maybe I’m wrong and it only takes 50 years, but I doubt it will be an imminent concern. The market cap of Bitcoin is too low for its value, that much I do bet my money on and sleep very well. I also hold stocks, but I’ve been considering each company I hold a LOT more carefully since learning about Bitcoin at the start of the last bull.', '14uilwo'], ['u/Crypto-4-Freedom', 19, '2023-07-09 02:42', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr7xvh3/', 'That was a nice read.', '14uilwo'], ['u/Paragon_Voice', 18, '2023-07-09 03:11', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr81751/', 'As Michael Saylor pointed out at BTC Prague, even the most successful Wall Street indexes are barely beating overall inflation. Literally everything is losing to the actual inflation rate.\n\nBitcoin is the only thing that wins out over every single index or asset out there.\n\nSo yes, BTC is the most advantageous saving mechanism the "plebes", and everyone else has seen across all monetary/fiscal systems.', '14uilwo'], ['u/Into-the-Beyond', 12, '2023-07-09 03:28', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr836e3/', 'I mean, both have value, but only one is going to “win” on any given time frame.', '14uilwo'], ['u/flavius_lacivious', 11, '2023-07-09 05:35', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr8hq4x/', '>I’m a fantasy author with an economics degree. If that makes a difference in how you see me, perhaps you are influenced by stories and should read the Bitcoin Whitepaper and/or The Bitcoin Standard and think about what “value” is.\n\nCame here to suggest you write, but saw this. Really good writing and I don’t say that here very often.', '14uilwo'], ['u/DailyBoss', 13, '2023-07-09 05:46', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr8iwqj/', 'Word to Satoshi', '14uilwo']]], ['u/the_brave_mosquito', 'If Bitcoin is the future of money, we are fucked (the kids might not be), right?', 34, '2023-07-09 03:28', 'https://www.reddit.com/r/Bitcoin/comments/14uldjz/if_bitcoin_is_the_future_of_money_we_are_fucked/', 'I mean, if the modern banking system fails... that spawns a worldwide shit storm of so much hurt for so many people. \n\n&#x200B;\n\nI see BTC uses cases highlighted often. And to be clear, I think BTC is a good investment...there is no government, company, or bank in charge of it. That\'s powerful. But if BTC is to become the "perfect money" of the future, history has shown us what kind of path awaits us towards that future.\n\n&#x200B;\n\nI acknowledge I can be pessimistic about our future as a human race, so please share if you have thoughts on what a happier path towards mainstream BTC adoption looks like. I only see that path in fire.\n\n&#x200B;\n\n&#x200B;', 'https://www.reddit.com/r/Bitcoin/comments/14uldjz/if_bitcoin_is_the_future_of_money_we_are_fucked/', '14uldjz', [['u/UnitedPerceptiont', 58, '2023-07-09 03:31', 'https://www.reddit.com/r/Bitcoin/comments/14uldjz/if_bitcoin_is_the_future_of_money_we_are_fucked/jr83icc/', 'Bitcoin creates a soft landing opportunity. Which is why the elites hate it. Without Bitcoin, they would have already rolled in the dystopia.', '14uldjz'], ['u/Umpire_State_Bldg', 15, '2023-07-09 03:44', 'https://www.reddit.com/r/Bitcoin/comments/14uldjz/if_bitcoin_is_the_future_of_money_we_are_fucked/jr8554e/', 'The banking system was doomed before Bitcoin was ever invented.\n\nSo, do you want to live in a world where the banking system fails and there is no Bitcoin, or where the banking system fails but Bitcoin exists?', '14uldjz'], ['u/TheDialectic_', 54, '2023-07-09 04:06', 'https://www.reddit.com/r/Bitcoin/comments/14uldjz/if_bitcoin_is_the_future_of_money_we_are_fucked/jr87nqs/', 'BTC is a soft landing for an inevitability', '14uldjz'], ['u/road22', 20, '2023-07-09 04:20', 'https://www.reddit.com/r/Bitcoin/comments/14uldjz/if_bitcoin_is_the_future_of_money_we_are_fucked/jr897wt/', 'A banking system can never fail in a fiat money system, or it would have failed in 2008/2009.\n\nIt is the fiat currency that will fail when it becomes worthless.\n\nWhen the Venezuelan Bolivar failed a few years ago, there were still transactions for car and real estate, but only in US Dollar ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
30414.47, 30620.95, 30391.65, 31476.05, 30334.07, 30295.81, 30249.13, 30145.89, 29856.56, 29913.92
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening:\nPrices:A bitcoin ETF might be a divisive idea for some in the industry, but it\'s all the market has on its mind.\nInsights:The dYdX Foundation\'s Charles d\'Haussy talks about the future of the platform post-Ethereum, and what he sees as developing regulatory trends.\nCoinDesk Market Index (CMI)\n1,231\n−3.3▼0.3%\nBitcoin (BTC)\n$30,171\n−124.0▼0.4%\nEthereum (ETH)\n$1,863\n−2.5▼0.1%\nS&P 500\n4,398.95\n−12.6▼0.3%\nGold\n$1,931\n+4.4▲0.2%\nNikkei 225\n32,388.42\n−384.6▼1.2%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,231", "\\u22123.3\\u25bc0.3%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$30,171", "\\u2212124.0\\u25bc0.4%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,863", "\\u22122.5\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,398.95", "\\u221212.6\\u25bc0.3%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,931", "+4.4\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["32,388.42", "\\u2212384.6\\u25bc1.2%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin Opens Week Defending $30K Support Level\nA bitcoin ETF is the only thing on the market’s mind.\nBlackRock CEO Larry Fink’s embrace of bitcoin – an about-face for the finance executive –is dividing analystsand the industry at large.\n“So-called mainstream adoption will bring waves of new entrants to bitcoin, and the risk is that they won’t care, and won’t protect the decentralization properties that make it valuable over centralized alternatives in the first place,” Alex Thorn, head of research at Galaxy, wrote last week in his report.\nBut the market, at large, doesn’t seem to mind, not caring about the nuances of decentralization.\nThe world’s largest digital asset continues to defend the $30,000 mark, opening Asia’s trading week at $30,171. Ether is also holding above $1,800, trading at $1,863.\n“In a largely uneventful week, we saw bitcoin trending downward to test support levels near $30K,” BitBull Capital’s Joe DiPasquale said in a note to CoinDesk. “However, the market leader managed to defend the key level despite news of the SEC calling ETF filings inadequate.”\nBlackRock has refiled its application, and DiPasquale says the market awaits more clarity around this development.\n“We still maintain that continued trading above $30K will see more attempts to go higher. Meanwhile, $27K remains a strong support for now,” he said.\nLooking ahead to later this week, the market will have its eye on inflation numbers and jobless claims, two figures that the Fed will consider when making its next moves on rates. Expect crypto to trade accordingly.\n[{"Asset": "Cosmos", "Ticker": "ATOM", "Returns": "+2.5%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Polygon", "Ticker": "MATIC", "Returns": "+1.2%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Shiba Inu", "Ticker": "SHIB", "Returns": "+0.8%", "DACS Sector": "Currency"}]\n[{"Asset": "Solana", "Ticker": "SOL", "Returns": "\\u22122.4%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Cardano", "Ticker": "ADA", "Returns": "\\u22122.2%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Loopring", "Ticker": "LRC", "Returns": "\\u22122.0%", "DACS Sector": "Smart Contract Platform"}]\nDYdX Foundation CEO Calls Move to Own Blockchain From Ethereum a Prelude\nDYdX announced last year that it was leaving Ethereum for its own proprietary blockchain, on Cosmos,over concerns about the scalability of the blockchain. In early April, the exchange announced it had launched a V4 of its private testnet, apivotal stepin its roadmap.\nIn a recent interview with CoinDesk at the IVS Crypto Conference in Japan, Charles d\'Haussy, the CEO of the dYdX Foundation, explained the move by equating it to tech sovereignty. Having its own blockchain, he explained, allows dYdX to control its full tech stack and not depend on the speed and trade-offs of Ethereum\'s roadmap.\n“When you sit on someone else’s blockchain, you have a dependency on their roadmap. It’s not yours,” he told CoinDesk. “By having our own chain, we are able to execute much faster by moving away from a general purpose blockchain.”\nDYdX isn’t a new platform, but there’s renewed interest in it as the Securities and Exchange Commission (SEC)goes after its centralized counterparts. The platform isn’t without its growing pains, and the question at the end of the day will be if its new technology stack is the cure. Its token is downroughly 6% in the last monthas theprice of ether is up 1.3%, meaning the market is taking a cautious look at this as the exchange prepares for its next chapter.\nPart of Broader Trend\nD\'Haussy views dYdX owning its own blockchain as part of a broader trend where major crypto applications are optimizing for specific uses, thus making general-purpose blockchains less suitable.\n“At the beginning, you start with a Swiss knife, doing everything, but eventually, you want to become a craftsman and have specialized tools,” he said. “So I think we’ll see a lot of application chains and more interconnectivity between blockchains.”\nBut this doesn’t mean that dYdX will be centralized around its own chain. D\'Haussy also highlighted that dYdX is "blockchain agnostic," continually evolving and upgrading its technology. He believes this kind of adaptability is a key characteristic of successful decentralized finance applications.\nDYdX’s new blockchain will be open for other platforms to build on, but D\'Haussy pointed out that it\'s specifically designed for its own uses, and likened it to a "Formula 1 for decentralized finance."\nDiversity of validators\nTo prevent centralized failure, dYdX aims for diversity among their validators in geographies, underlying service providers, and types of providers. D\'Haussy foresees a rise in domestic validators due to certain regions lacking regulatory clarity.\n“We work on this to make sure that we\'ve got a diversity of geographies, diversity of underlying service providers, a mix of cloud providers, a mix of what we call bare metal providers,” he said.\nD\'Haussy predicts that in the coming years, regulations may require financial institutions to access public networks via domestic nodes, in order to ensure that activities on-chain fall under the purview of local regulators, which will significantly increase the demand for domestic validators.\nWhich means regulated crypto derivatives trading — if you’re in the right part of the world.\n9:30 a.m. HKT/SGT(1:30 a.m. UTC):China Consumer Price Index (June/YoY/MoM)\n1 p.m. HKT/SGT(5 a.m. UTC):Japan Economic Watchers Survey (June/Current and Outlook)\n3 p.m. HKT/SGT(7 a.m. UTC):China M2 Money Supply (June/YoY)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBinance\'s CZ Brushes Off News of Execs Leaving; Bitwise CIO on Spot Bitcoin ETF Race\nFortune reports at least three executives left Binance as the company prepared to defend itself on multiple fronts. Fairlead Strategies Founder Katie Stockton shared her crypto markets analysis after the June U.S. jobs report was released. Bitwise CIO Matt Hougan and Ether Capital CEO Brian Mosoff weighed in on the spot bitcoin ETF race. And, Horizen CEO Rob Viglione explained why the self-described layer 0 blockchain was shedding its privacy coin moniker.\nCoinbase Knew It May Have Been Violating the Law Prior to the SEC\'s Lawsuit, Regulator Claims:The SEC pushed back against a previous Coinbase filing which argued that the regulator did not have sufficient jurisdiction to bring a lawsuit.\nBlackRock CEO’s Turnabout on Bitcoin Elicits Cheers, Skepticism of Crypto Cred:Larry Fink, CEO of the world’s biggest asset manager, says crypto could “revolutionize finance,” endorsing an industry he once viewed with skepticism. But the very nature of an ETF is at odds with the original ideals of Bitcoin.\nThree Arrows Capital Liquidator May Try to Claw Back About $1.2B From DCG, BlockFi:A July 7 report from Teneo, the hedge fund’s liquidator, described the potential claims.\nBinance Feels Strain of World’s Regulators Leaping Into Action:This week’s Australian probe, which sought out Binance employees outside the office, is only one of a growing list of legal entanglements facing the world’s biggest crypto exchange.\nThe Real Use Case for CBDCs: Dethroning the Dollar:Central bank digital currencies will revolutionize how companies settle international trade and reduce the need for greenbacks in the world economy, says Michael Casey.', 'Good morning. Here’s what’s happening: Prices: A bitcoin ETF might be a divisive idea for some in the industry, but it\'s all the market has on its mind. Insights: The dYdX Foundation\'s Charles d\'Haussy talks about the future of the platform post-Ethereum, and what he sees as developing regulatory trends. Prices CoinDesk Market Index (CMI) 1,231 −3.3 ▼ 0.3% Bitcoin (BTC) $30,171 −124.0 ▼ 0.4% Ethereum (ETH) $1,863 −2.5 ▼ 0.1% S&P 500 4,398.95 −12.6 ▼ 0.3% Gold $1,931 +4.4 ▲ 0.2% Nikkei 225 32,388.42 −384.6 ▼ 1.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,231 −3.3 ▼ 0.3% Bitcoin (BTC) $30,171 −124.0 ▼ 0.4% Ethereum (ETH) $1,863 −2.5 ▼ 0.1% S&P 500 4,398.95 −12.6 ▼ 0.3% Gold $1,931 +4.4 ▲ 0.2% Nikkei 225 32,388.42 −384.6 ▼ 1.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin Opens Week Defending $30K Support Level A bitcoin ETF is the only thing on the market’s mind. BlackRock CEO Larry Fink’s embrace of bitcoin – an about-face for the finance executive – is dividing analysts and the industry at large. “So-called mainstream adoption will bring waves of new entrants to bitcoin, and the risk is that they won’t care, and won’t protect the decentralization properties that make it valuable over centralized alternatives in the first place,” Alex Thorn, head of research at Galaxy, wrote last **Last 60 Days of Bitcoin's Closing Prices:** [27000.79, 26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77, 31156.44, 30777.58, 30514.17, 29909.34, 30342.27, 30292.54, 30171.23] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-07-10 **Financial & Commodity Data:** - Gold Closing Price: $1925.00 - Crude Oil Closing Price: $72.99 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $585,388,760,906 - Hash Rate: 387716032.92048943 - Transaction Count: 507115.0 - Unique Addresses: 679425.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.56 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Brendan McDermid/Reuters US stocks slid on Friday as traders assessed the outlook on the debt ceiling crisis and recession odds. All three indexes ended lower, with the S&P 500 notching its second straight losing week. Meanwhile, Fed Governor Michelle Bowman floated another possible rate hike as inflation is still high. US stocks slid Friday as investors assessed the outlook on the US debt ceiling crisis. All three major indexes ended the day lower, with the S&P 500 notching its second straight losing week. President Joe Biden was scheduled to meet with other lawmakers on Friday to discuss a possible solution to the debt ceiling crisis, though talks have been postponed until next week. Congress now has just a few weeks to raise the national debt limit before the government could potentially run out of money, per Treasury Secretary Janet Yellen's estimate . Federal Reserve Governor Michelle Bowman also floated the possibility that the Fed may issue another interest rate hike to tackle high inflation, raising further fears that tighter Fed policy could spark a recession. The University of Michigan consumer sentiment survey dipped to 57.7 in May, its lowest level in six months. Meanwhile, inflation expectations over the next five years rose to 3.2%, the highest level the survey recorded since 2008. Here's where US indexes stood at the 4:00 p.m. closing bell on Friday: S&P 500 : 4,124.12, down 0.16% Dow Jones Industrial Average : 33,300.62, down 0.03% (8.89 points) Nasdaq Composite : 12,284.74, down 0.35% Here's what else is going on: The debt ceiling crisis is "pathetic" since government revenue is near a record high, according to top economist David Rosenberg. Gold jumped ahead of stocks as Americans' preferred long-term investment. Mega-cap stocks face a bigger sell-off as a recession looms, JPMorgan warned. Dollar dominance is stronger because of sanctions , not weaker, a former US Treasury official said. Big banks could cover 95% of the cost to refill the $16 billion hole blown in the FDIC's deposit insurance fund. A recession and a credit crunch could result in $1 trillion of corporate debt defaults, Bank of America warned. Elon Musk stepping down as Twitter CEO may only be partly positive for Tesla investors, Gene Munster said. Margin debt used to buy stocks has plunged by $329 billion as investors de-risk their exposure to the stock market. Story continues In commodities, bonds, and crypto: Oil prices fell. West Texas Intermediate was down 1% to $70.14 a barrel. Brent crude , the international benchmark, dropped 1% to $74.24 a barrel Gold lost 0.16% to trade at $2,017.10 per ounce The 10-year Treasury yield rose six basis points 3.46% Bitcoin slipped 1.34% to $26,481 Read the original article on Business Insider... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
30620.95, 30391.65, 31476.05, 30334.07, 30295.81, 30249.13, 30145.89, 29856.56, 29913.92, 29792.02
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['ETF euphoria is still wafting through both the crypto and finance space, and would-be Bitcoin investors are holding their breath ahead of what they hope will be the first approved exchange traded fund for spot markets. Their spirits were lifted after regulators gave their blessing to 2X Volatility Shares to start trading the first ETF in leveraged Bitcoin futures on June 23. For many observers, the move was a step in the right direction, toward the inevitable approval of a spot market ETF. The news was more bittersweet, however, for another contender hoping for a chance to offer a spot ETF: Grayscale. Donald Verilli, one of the lawyers representing Grayscale in its battle with the SEC, argued that approving the Volatility Shares ETF ran contrary to its own stance against any fund dealing with spot markets. Grayscale Is Suing SEC After Spot Bitcoin ETF Rejection \x93The fact that the Commission has allowed a leveraged bitcoin futures ETP to begin trading demonstrates that the Commission continues to arbitrarily treat spot Bitcoin ETPs differently than bitcoin futures ETPs,\x94 Verilli wrote in a letter to the clerk for the U.S. Court of Appeals in Washington D.C. on Monday. For the better part of a year, the asset manager has been locked in a lawsuit against the Securities and Exchange Commission, which it accuses of being unfair and arbitrary in its approval process. Grayscale sued the SEC last June after the agency rejected its application to convert its Grayscale Bitcoin Trust (GBTC) into a spot market ETF. The SEC argued that Grayscale\'s application lacked a plan to monitor any impact on spot prices that came from fraud or market manipulation. Grayscale has rejected this claim, countering that futures prices themselves are drawn from spot markets, a stance that the federal judge hearing the lawsuit showed some sympathy towards at a hearing in March. Judges Scrutinize SEC Over Denial of Grayscale Bitcoin ETF For Grayscale, the approval of the Volatility Shares ETF was just more proof of the SEC\x92s inconsistency. In his letter, Verilli argued that by dealing with futures markets using leverage to achieve bigger returns, the fund was exposing investors to more risk than a spot or traditional futures ETF would. This, he argues, should invalidate their rationale opposing Grayscale\x92s filing. Story continues "While the commission could theoretically correct its discriminatory treatment of spot bitcoin ETPs by rescinding its approval of all Bitcoin-based ETPs, the Commission\'s apparent willingness to permit even a leveraged bitcoin futures ETP\x97a particularly high-risk version of a Bitcoin futures product\x97makes clear [it] has no intention of doing so," said Verilli. Representatives from Volatility Shares declined to comment on Verilli\x92s arguments. In an earlier interview with Decrypt , the ETF\x92s co-founder and president Justin Young said that it was Grayscale\x92s initial application that cracked the door open to recent entrants like BlackRock to also seek a spot market product. He added that it was his belief that approval of the Volatility Shares\x92 ETF could facilitate approval for one. Bitcoin Spot ETF Will Open Door to New Investors: Volatility Shares Co-Founder "I think it brings to a lot of people\'s attention the thought that if the SEC has let a leveraged Bitcoin linked product through, why on Earth wouldn\'t they allow spot Bitcoin through?" Young said. In a Twitter thread, Grayscale appeared to be in some agreement with this view, noting that it is not claiming that products like Volatility Shares\' ETF should not exist. The firm insisted instead that it was motivated to speak out against the SEC\'s approval process. "Ultimately, excitement for these products backs up what we\x92ve been saying all along: that investors are eager for $BTC exposure with the protections of the ETF wrapper," it wrote.', 'ETF euphoria is still wafting through both the crypto and finance space, and would-be Bitcoin investors are holding their breath ahead of what they hope will be the first approved exchange traded fund for spot markets.\nTheir spirits were lifted after regulators gave their blessing to2X Volatility Sharesto start trading the first ETF in leveraged Bitcoin futures on June 23. For many observers, the move was a step in the right direction, toward the inevitable approval of a spot market ETF.\nThe news was more bittersweet, however, for another contender hoping for a chance to offer a spot ETF: Grayscale.\nDonald Verilli, one of the lawyers representing Grayscale in its battle with the SEC, argued that approving the Volatility Shares ETF ran contrary to its own stance against any fund dealing with spot markets.\n“The fact that the Commission has allowed a leveraged bitcoin futures ETP to begin trading demonstrates that the Commission continues to arbitrarily treat spot Bitcoin ETPs differently than bitcoin futures ETPs,” Verilli wrote in aletterto the clerk for the U.S. Court of Appeals in Washington D.C. on Monday.\nFor the better part of a year, the asset manager has been locked in a lawsuit against the Securities and Exchange Commission, which it accuses of being unfair and arbitrary in its approval process. Grayscalesued the SEClast June after the agency rejected its application to convert its Grayscale Bitcoin Trust (GBTC) into a spot market ETF.\nThe SEC argued that Grayscale\'s application lacked a plan to monitor any impact on spot prices that came from fraud or market manipulation. Grayscale has rejected this claim, countering that futures prices themselves are drawn from spot markets, a stance that thefederal judge hearingthe lawsuit showed some sympathy towards at a hearing in March.\nFor Grayscale, the approval of the Volatility Shares ETF was just more proof of the SEC’s inconsistency. In his letter, Verilli argued that by dealing with futures markets using leverage to achieve bigger returns, the fund was exposing investors to more risk than a spot or traditional futures ETF would. This, he argues, should invalidate their rationale opposing Grayscale’s filing.\n"While the commission could theoretically correct its discriminatory treatment of spot bitcoin ETPs by rescinding its approval of all Bitcoin-based ETPs, the Commission\'s apparent willingness to permit even a leveraged bitcoin futures ETP—a particularly high-risk version of a Bitcoin futures product—makes clear [it] has no intention of doing so," said Verilli.\nRepresentatives from Volatility Shares declined to comment on Verilli’s arguments.\nIn anearlier interviewwithDecrypt, the ETF’s co-founder and president Justin Young said that it was Grayscale’s initial application that cracked the door open to recent entrants like BlackRock to also seek a spot market product. He added that it was his belief that approval of the Volatility Shares’ ETF could facilitate approval for one.\n"I think it brings to a lot of people\'s attention the thought that if the SEC has let a leveraged Bitcoin linked product through, why on Earth wouldn\'t they allow spot Bitcoin through?" Young said.\nIn a Twitter thread, Grayscale appeared to be in some agreement with this view, noting that it is not claiming that products like Volatility Shares\' ETF should not exist. The firm insisted instead that it was motivated to speak out against the SEC\'s approval process.\n"Ultimately, excitement for these products backs up what we’ve been saying all along: that investors are eager for $BTC exposure with the protections of the ETF wrapper," it wrote.', 'ETF euphoria is still wafting through both the crypto and finance space, and would-be Bitcoin investors are holding their breath ahead of what they hope will be the first approved exchange traded fund for spot markets.\nTheir spirits were lifted after regulators gave their blessing to2X Volatility Sharesto start trading the first ETF in leveraged Bitcoin futures on June 23. For many observers, the move was a step in the right direction, toward the inevitable approval of a spot market ETF.\nThe news was more bittersweet, however, for another contender hoping for a chance to offer a spot ETF: Grayscale.\nDonald Verilli, one of the lawyers representing Grayscale in its battle with the SEC, argued that approving the Volatility Shares ETF ran contrary to its own stance against any fund dealing with spot markets.\n“The fact that the Commission has allowed a leveraged bitcoin futures ETP to begin trading demonstrates that the Commission continues to arbitrarily treat spot Bitcoin ETPs differently than bitcoin futures ETPs,” Verilli wrote in aletterto the clerk for the U.S. Court of Appeals in Washington D.C. on Monday.\nFor the better part of a year, the asset manager has been locked in a lawsuit against the Securities and Exchange Commission, which it accuses of being unfair and arbitrary in its approval process. Grayscalesued the SEClast June after the agency rejected its application to convert its Grayscale Bitcoin Trust (GBTC) into a spot market ETF.\nThe SEC argued that Grayscale\'s application lacked a plan to monitor any impact on spot prices that came from fraud or market manipulation. Grayscale has rejected this claim, countering that futures prices themselves are drawn from spot markets, a stance that thefederal judge hearingthe lawsuit showed some sympathy towards at a hearing in March.\nFor Grayscale, the approval of the Volatility Shares ETF was just more proof of the SEC’s inconsistency. In his letter, Verilli argued that by dealing with futures markets using leverage to achieve bigger returns, the fund was exposing investors to more risk than a spot or traditional futures ETF would. This, he argues, should invalidate their rationale opposing Grayscale’s filing.\n"While the commission could theoretically correct its discriminatory treatment of spot bitcoin ETPs by rescinding its approval of all Bitcoin-based ETPs, the Commission\'s apparent willingness to permit even a leveraged bitcoin futures E **Last 60 Days of Bitcoin's Closing Prices:** [26804.99, 26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77, 31156.44, 30777.58, 30514.17, 29909.34, 30342.27, 30292.54, 30171.23, 30414.47] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-07-11 **Financial & Commodity Data:** - Gold Closing Price: $1931.30 - Crude Oil Closing Price: $74.83 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $592,852,204,875 - Hash Rate: 339880937.9497796 - Transaction Count: 432293.0 - Unique Addresses: 686922.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.57 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Hedge fund manager Paul Tudor Jones said that bitcoin (BTC) has become less attractive thanks to what's become an unfriendly regulatory picture in the U.S. and what he expects will be lower inflation going forward. "Bitcoin has a real problem because in the United States, you have the entire regulatory apparatus against it," Jones said on CNBC's Squawk Box. Jones – who previously lauded bitcoin's appeal as an inflationary hedge – added that he believes inflation will continue to come down, adding to the less-bullish scenario for the crypto. Following the events of 2022, coming to a head with the dramatic collapse of FTX in November, U.S. regulatory bodies have become rather more hawkish toward the crypto industry, exemplified by the Securities and Exchange Commission's (SEC)threat of legal action against publicly-traded cryptocurrency exchange Coinbase(COIN). The hedge fund manager's commentssuggest his sentiment toward bitcoin has cooled somewhatsince saying in 2020 that he could see himself allocating as much as 5% of his assets to BTC in the face of monetary debasement by the Fed. Last October, however, Jones described his allocation to bitcoin as "minor," saying that cash is the place to be as long as the Fed can be trusted to get a handle on inflation. Read More:Are Cryptocurrencies an Inflation Hedge? Theoretically Yes, Factually No Says S&P... - Reddit Posts (Sample): [['u/thebestbaghodlr', 'ELI5: Why would the halving affect prices at all this time?', 65, '2023-07-11 06:43', 'https://www.reddit.com/r/CryptoCurrency/comments/14wh1h0/eli5_why_would_the_halving_affect_prices_at_all/', 'Since we can\'t seem to talk about anything else here anymore I might as well dive deeper into the halving. I have two reasons why I personally think it won\'t affect prices but I\'m open to people correcting me. \n\n1. With 93% of BTC already mined, why does it matter how long the remaining 7% takes to mine? I can understand the effects of halvings early on were massive, new BTC was bountiful and suddenly new supplies were sliced significantly. But almost all of the mining is already done. This is the area I welcome some education on, if I\'m overlooking some core concept here. \n\n\n2. The one I feel is more important: everyone expects it to pump after the halving, so this is already priced in. If anything it feels like there will be a large "sell the news" scenario. To be clear I feel BTC is largely undervalued and should be standing higher than it currently is but I don\'t feel like the halving is the catalyst for this to occur', 'https://www.reddit.com/r/CryptoCurrency/comments/14wh1h0/eli5_why_would_the_halving_affect_prices_at_all/', '14wh1h0', [['u/emptyzed81', 10, '2023-07-11 10:12', 'https://www.reddit.com/r/CryptoCurrency/comments/14wh1h0/eli5_why_would_the_halving_affect_prices_at_all/jrif6kl/', '30k for 1digital string of numbers and letters is a lot if ya think about it🤣', '14wh1h0']]]]... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
30391.65, 31476.05, 30334.07, 30295.81, 30249.13, 30145.89, 29856.56, 29913.92, 29792.02, 29908.74
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening: Prices: What\'s going to move bitcoin away from $30,000? Insights: A freely convertible Chinese Yuan is a requirement for a CNY stablecoin. That\'s not going to happen anytime soon. Prices CoinDesk Market Index (CMI) 1,245 +4.0 ▲ 0.3% Bitcoin (BTC) $30,608 +202.5 ▲ 0.7% Ethereum (ETH) $1,878 −0.7 ▼ 0.0% S&P 500 4,439.26 +29.7 ▲ 0.7% Gold $1,939 +13.6 ▲ 0.7% Nikkei 225 32,203.57 +13.8 ▲ 0.0% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,245 +4.0 ▲ 0.3% Bitcoin (BTC) $30,608 +202.5 ▲ 0.7% Ethereum (ETH) $1,878 −0.7 ▼ 0.0% S&P 500 4,439.26 +29.7 ▲ 0.7% Gold $1,939 +13.6 ▲ 0.7% Nikkei 225 32,203.57 +13.8 ▲ 0.0% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin is Looking at a 2024 Bull Market, But is $120,000 Realistic? As Asia opens for its trading day, bitcoin continues to maintain the $30,000 mark, while ether is flat. Coinglass data shows that in the last 12 hours, slightly more long liquidations than short liquidations occurred with $7 million longs and $6.73 million shorts liquidated. “The market is on standby, awaiting signals of price increase following a slowdown or pause in rate hikes in the second half of the year, which would be characterized by liquidity inflow,” Bybit’s Ether Chen, its lead financial engineer, told CoinDesk in a note. Chen said that Bybit’s team expects a potential market price recovery in the fourth quarter, but a full bull market might not materialize until 2024. This recovery would be contingent upon the cessation of rate hikes, BTC halving and the resolution of regulatory storms. Tim Frost, CEO of digital wealth platform Yield App points to slowing inflation figures but a market confidence that the Federal Reserve will still hike rates as sort of a mixed messaging, and dismisses a recent report from Standard Chartered that bitcoin will hit $120,000 by the end of next year. Story continues “For crypto assets, this all likely means continued range trading around current levels. Bitcoin seems to be holding fairly close to $30,000 at the moment which is a near 100% increase from January when it started the year at $16,540,” he said in a note. “There are few assets that perform this well in a "bear" market, and canny seasoned traders will likely have done well on BTC this year.” Regardless of whether or not Standard Chartered’s price prediction is correct, Frost sees a bull market on the horizon for 2024. “The long-range consensus remains that crypto will enter its next bull market in 2024 following a period of continued consolidation this year and, behind closed doors, huge innovation is paving the way for the next wave of crypto adoption,” he concludes. Biggest Gainers Asset Ticker Returns DACS Sector Solana SOL +3.7% Smart Contract Platform Decentraland MANA +2.3% Entertainment Cardano ADA +1.9% Smart Contract Platform Biggest Losers Asset Ticker Returns DACS Sector Stellar XLM −1.2% Smart Contract Platform Avalanche AVAX −0.9% Smart Contract Platform Cosmos ATOM −0.4% Smart Contract Platform Insights Here\'s Why we Won\'t See a CNY Stablecoin Circle’s CEO Jeremy Allaire argues that a stablecoin pegged to the Chinese Yuan (CNY) is a better option than a Central Bank Digital Currency (CBDC). But a yuan stablecoin isn’t going to happen, just like a Chinese CBDC isn’t going to challenge the dollar. Why? Because the free convertibility of the yuan goes against a core fundamental of Beijing’s monetary policy. The People’s Bank of China (PBoC) maintains strict control over the exchange rate of the yuan, keeping it within a narrow band and not allowing it to float freely in international markets. This allows China to maintain control over its export prices and its domestic economy. But it also means that the yuan can’t be used offshore, like the Euro or the USD, and there are strict capital controls on how much you can bring out of the country. The more you want your currency used internationally, the more control you need to be willing to cede. As the IMF’s First Deputy Managing Director Gita Gopinath pointed out in a 2022 address, these aren’t the traits of a global currency. After all, the yuan is only used in around 3.2% of global payments as of January 2022. "If a country is aspiring to be a global currency, then in that case, you would need to have, you know, basically fully and freely mobile capital, full capital account liberalization, full convertibility of exchange rate, which is not the case right now in China," Gopinath is quoted as saying . Currency manipulation has been a contentious issue in U.S.-China relations, and, in 2019, the U.S. Department of the Treasury labeled the country a currency manipulator . But you know who else has been on the radar of Washington as a currency manipulator? Taiwan. Unlike China, Taiwan does not actively intervene to keep its currency, the New Taiwan Dollar (TWD), artificially low to boost exports. Instead, Taiwan has been known to intervene to prevent rapid appreciation of its currency which could harm its export-driven economy. This has been an issue since 1989, when the U.S. Senate subcommittee on international trade called a hearing on currency manipulation . David Mulford, the then Under Secretary-Designate, Office of International Affairs, Department of the Treasury, noted the large-scale intervention in the foreign exchange market by Taiwan\'s Central Bank, and a lack of significant exchange rate appreciation despite Taiwan running large external surpluses. For its part, Taipei denies that it\'s an active currency manipulator or has capital controls pointing to the openness of foreign investment in its equities market and the free convertibility of foreign currency on its shores. But if there’s one thing that unites Taipei and Beijing, its that central bankers in neither capital want to relinquish control of their currencies to the market. Important events. 1 p.m. HKT/SGT(UTC): Bank of England Financial Stability Report 8:30 p.m. HKT/SGT(12:30 p.m. UTC): U.S. Consumer Price Index (June/MoM/YoY) 7:50 a.m. HKT/SGT(23:50 p.m. UTC/July 11): Japan Producer Price Index CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Justin Sun on State of Crypto Regulation; EU\'s Metaverse Strategy TRON founder and Huobi global advisor Justin Sun joined "First Mover" to discuss the state of crypto regulation, outlook on Hong Kong, and much more. Bitcoin (BTC) is holding firm above $30,000. GSR Markets co-founder and president Rich Rosenblum gave his crypto markets analysis. And, the European Commission\'s metaverse strategy is slated to be released later today. Metaverse EU editor Patrick Grady shared his expectations. Headlines Bitcoin Quiets Down in July After a Tumultuous First Half of 2023: While July has historically been one of Bitcoin’s strongest months, the largest crypto by market value’s price has remained range-bound so far this month. BlackRock’s Bitcoin ETF Application Takes Surveillance to the Next Level: An Information-Sharing Agreement, which appears to be absent from public spot Bitcoin ETF filings, compels a crypto exchange to share trading data up to and including personal information such as a customer’s name and address. Ether Staking Ratio Nears Key Milestone as Inflows Slow Amid Regulatory Pressures: Investors committed nearly 20% of all ETH tokens to lock up in staking contracts, according to blockchain data. Why Threads Got 100 Million Users When Other Twitter Rivals Could Not: Network effects and ease-of-use rule the day. And, a lot of people clearly don’t care about decentralization and privacy all that much, says CoinDesk’s Emily Parker. The Big Robert F. Kennedy Jr. Bitcoin Nothingburger: The candidate isn’t necessarily biased just because he owns BTC.', 'Good morning. Here’s what’s happening:\nPrices:What\'s going to move bitcoin away from $30,000?\nInsights:A freely convertible Chinese Yuan is a requirement for a CNY stablecoin. That\'s not going to happen anytime soon.\nCoinDesk Market Index (CMI)\n1,245\n+4.0▲0.3%\nBitcoin (BTC)\n$30,608\n+202.5▲0.7%\nEthereum (ETH)\n$1,878\n−0.7▼0.0%\nS&P 500\n4,439.26\n+29.7▲0.7%\nGold\n$1,939\n+13.6▲0.7%\nNikkei 225\n32,203.57\n+13.8▲0.0%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,245", "+4.0\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$30,608", "+202.5\\u25b20.7%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,878", "\\u22120.7\\u25bc0.0%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,439.26", "+29.7\\u25b20.7%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,939", "+13.6\\u25b20.7%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["32,203.57", "+13.8\\u25b20.0%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin is Looking at a 2024 Bull Market, But is $120,000 Realistic?\nAs Asia opens for its trading day, bitcoin continues to maintain the $30,000 mark, while ether is flat.Coinglass datashows that in the last 12 hours, slightly more long liquidations than short liquidations occurred with $7 million longs and $6.73 million shorts liquidated.\n“The market is on standby, awaiting signals of price increase following a slowdown or pause in rate hikes in the second half of the year, which would be characterized by liquidity inflow,” Bybit’s Ether Chen, its lead financial engineer, told CoinDesk in a note.\nChen said that Bybit’s team expects a potential market price recovery in the fourth quarter, but a full bull market might not materialize until 2024. This recovery would be contingent upon the cessation of rate hikes, BTC halving and the resolution of regulatory storms.\nTim Frost, CEO of digital wealth platform Yield App points to slowing inflation figures but a market confidence that the Federal Reserve will still hike rates as sort of a mixed messaging, and dismisses arecent report from Sta **Last 60 Days of Bitcoin's Closing Prices:** [26784.08, 26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77, 31156.44, 30777.58, 30514.17, 29909.34, 30342.27, 30292.54, 30171.23, 30414.47, 30620.95] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-07-12 **Financial & Commodity Data:** - Gold Closing Price: $1956.20 - Crude Oil Closing Price: $75.75 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $593,807,974,450 - Hash Rate: 382989765.58074266 - Transaction Count: 478320.0 - Unique Addresses: 752660.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.64 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Belarus is building up to a partial crypto ban. In a statement Sunday, the country’s Ministry of Internal Affairssaidthat fraudsters were using P2P crypto services to cash out dirty funds. The statement added that the body was working on legislation to prohibit transactions for the “exchange of cryptocurrency between individuals.” “Since the beginning of the year, employees of the cybercrime counteraction units have stopped the activities of 27 citizens who provide illegal cryptocurrency exchange services,” the statement read.“Their total illegal income amounted to almost 22 million rubles ($8.7 million).” It went on to say that the ministry would work to restrict crypto P2P services so that only crypto transactions via registered exchanges would be allowed, making it “impossible to withdraw money obtained by criminal means.” A P2P—peer-to-peer—service means that the two parties interact directly with each other without the need for third-party involvement. Belarus has typically been crypto-friendly. The country legalized digital asset transactions in 2017 and blockchain data firm Glassnodenamedit one of the top 10 crypto tax-friendly countries earlier this year. A new law provided a tax exemption for individuals and businesses conducting crypto transactions. The idea was to boost the development of a digital economy and help the tech industry. The law isdue be reviewedthis year. Back in 2020, state-owned Belarusbank launched a cryptocurrency exchange, allowing Belarusians and Russians to buy Bitcoin with a Visa payment card.... - Reddit Posts (Sample): []... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
31476.05, 30334.07, 30295.81, 30249.13, 30145.89, 29856.56, 29913.92, 29792.02, 29908.74, 29771.80
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin dropped in Thursday morning trading in Asia to below US$30,500, as the U.S. government’s potential sale of Bitcoin seized from a Silk Road theft exerted pressure on the token. Along with Bitcoin, Ether and most other top 10 non-stablecoin cryptocurrencies also logged losses, with Polygon’s Matic leading the losers. U.S. equity futures rose after data showed that U.S. inflation slowed in June. Nonetheless, analysts ramped up their expectations for another interest rate hike in July.\nBitcoin dropped 0.81% over the last 24 hours to US$30,375 as of 07:20 a.m. in Hong Kong for a weekly loss of 0.35%. Following the release of the U.S. consumer price index (CPI), the world’s biggest cryptocurrency reached a high of US$30,959 on Wednesday night in Asia. However, it soon retreated below US$30,500, according todatafrom CoinMarketCap.\nBitcoin wallets linked to the U.S. Department of Justice (DOJ) moved over 9,800 Bitcoin worth around $300 million to unused addresses in a flurry of transactions on July 12, according to data fromBlockchain.com. The move likely exerted further pressure on the token — as has been the case with other large transfers in thepast.\nIn 2021, the DOJseizedaround 50,000 Bitcoins stolen from the Silk Road darknet marketplace. It is unclear if Wednesday’s transferral between wallets will lead to the U.S. government selling the seized Bitcoin.\nEther dipped 0.43% to US$1,870, losing 2.15% for the week. Like Bitcoin, the token rose Wednesday night, briefly breaching the US$1,900 resistance level. However, it soon retreated back.\nMost other top 10 non-stablecoin cryptocurrencies logged losses in the past 24 hours. The exception was Tron’s TRX token, which gained 0.51% to US$0.0777 and moved up 1.05% for the week.\nAlthough the CPI data on Wednesday pointed to a slow down in the rate of U.S. inflation, it still may not change the course of the Federal Reserve’s monetary tightening policies.\nAccording to Justin d’Anethan, head of APAC business development at Belgium-based crypto market makerKeyrock, the new data conforms to expectations and is still far from the Fed’s target to bring the inflation rate to within 2%. It is therefore not enough to boost sentiment in the crypto market.\n“Core inflation data came through in the US, a piece of news that most traders were eagerly waiting for but, somehow, which didn’t generate any strong reaction,” d’Anethan said.\nOn the crypto side,\xa0 “investors just aren’t confident enough about prices to gear things down or up and would rather wait for a change of pace in macro markets and the Fed’s rate decision or some powerful crypto-focused catalysis — which just hasn’t come yet,” he added.\nPolygon’s Matic led the losers, falling 2.24% to US$0.7248, although it still registered a weekly gain of 8.25%.\nDespite the latest dip, Matic enjoyed a rally of over 15% in the past two weeks. The rise reflects investor optimism in the Polygon network’sPolygon 2.0 upgrade, which the company says will include improved network performance and a transition to “greater community governance of the protocol and treasury.”\nHowever, the token has some major losses to make up. It is still over 50% down from its 2024 peak of US$1.55 on February 18.\nThe total crypto market capitalization fell 0.71% in the past 24 hours to US$1.18 trillion, while trading volume rose 13.59% to US$31.02 billion.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nThe mainForkast 500 NFT indexdipped 0.14% in the past 24 hours to 2,702.73 as of 09:50 a.m. in Hong Kong. Forkast’s Solana and Polygon NFT market indices moved up, while Etheum’s and Cardano’s indices dropped.\nTotal NFT sales volume dropped 6.33% in the past 24 hours to US$23.06 million, according to data fromCryptoSlam. Sales volume on the Ethereum and Polygon platforms dropped, while the Bitcoin, Solana, BNB Chain and Cardano platforms recorded rises. Sales volume on the Cardano\xa0platform more than doubled in the past 24 hours.\nAmong all NFT collections, Bitcoin-based $FRAM BRC-20 NFTs topped the 24-hour sales volume. Sales of the collection rose 38.50% to US$2.13 million, larger than the combined volumes of Ethereum-based CryptoPunks and Bored Ape Yacht Club (BAYC), which ranked second and third on the list respectively.\nPolygon Technology’s NFT project Pluto announced on Wednesday that itintroduced“interoperable NFT minting” on both the Ethereum and Polygon networks.\n“(Pluto is) billed as the flagship profile picture (NFT project) on Polygon,” said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News. “(An) interesting dynamic here to watch is that minting can occur on mainnet Ethereum using ETH or USDC, or can be on Polygon using WETH or Matic. We’ll see if this brings in participants.”\nMeanwhile, Google Playannounceda policy change on Wednesday that allows the apps and games on the online store to incorporate “tokenized digital assets” such as NFTs onto their platforms.\n“This opens up a huge new opportunity for creators and projects to build, now with mobile as their backbone,” said Yehudah.\nBinance Labs, the investment arm of the world’s largest crypto exchange Binance,announcedon Thursday that it has committed $15 million to Switzerland-basedXterio. The Web3 game developer, which allows users to earn and trade using NFTs, plans to use the fund to explore artificial intelligence capabilities in its Web3 game development.\nU.S. stock futuresroseas of 11:30 a.m. in Hong Kong. All three major U.S. indexes closed higher in regular Wednesday trading, with the Nasdaq composite leading the rally with a 1.15% increase.\nInvestors received a boost from Wednesday’s U.S.CPI reportby the Labor Department. It showed that the annual inflation rate in June slowed to 3.0%. The data recorded the smallest annual increase since March 2021. The figure was lower than analyst expectations of 3.1%,Reutersreported on Thursday.\nHowever, the lower-than-expected inflation data may not sway the Federal Reserve from making another interest rate hike in July, according to Nigel Green, chief executive officer at independent financial advisorydeVere Group.\n“The central banks’ officials will argue that there is still work to be done to tame inflation and they are unlikely to be dissuaded from their course of action for the time being,” Green said in an emailed comment.\n“While we believe that the Fed will raise rates in July, there is now less justification for further hikes later this year,” Green added, as “investors are increasingly concerned that the Federal Reserve could, with further hikes, overtighten and that would steer the US economy into a major recession.”\nThe Federal Reserve meets on July 26 to discuss its next move on rates. TheCME FedWatch Toolpredicts a 92.4% chance the Fed will enact a 25-basis-point rate increase this month, and a 7.6% chance it will leave the rate unchanged at between 5% and 5.25%.\nAnalysts also expect a 12.9% chance for one more 25-basis-point rate hike in September, down from 22.3% on Wednesday. Expectations for further rate hikes in November and December also dropped.\nFollowing the gains on Wall Street, Asia’s main stock indexes traded higher on Thursday morning. China’sShanghai Composite, Hong Kong’sHang Seng, Japan’sNikkeiand South Korea’sKospiall recorded rises.\nSouth Korea’s central bank kept its interest rate unchanged for a fourth consecutive time on Thursday, as the country’s inflation eased in June, according to aBloombergreport published Thursday.\nMeanwhile in China, experts polled byReutersestimate the country’s exports shrank 9.5% year-on-year in June, an accelerated rate of decline on the previous month.\nHowever, any bearish sentiment was offset by Chinese Premier Li Qiang’s Wednesdaymeetingwith multiple heads of the country’s leading tech giants. That willingness to engage with the industry’s leaders could signal an end to the government’scrackdownon the technology sector.\n(Updates with equity section.)', 'Bitcoin dropped in Thursday morning trading in Asia to below US$30,500, as the U.S. government’s potential sale of Bitcoin seized from a Silk Road theft exerted pressure on the token. Along with Bitcoin, Ether and most other top 10 non-stablecoin cryptocurrencies also logged losses, with Polygon’s Matic leading the losers. U.S. equity futures rose after data showed that U.S. inflation slowed in June. Nonetheless, analysts ramped up their expectations for another interest rate hike in July.\nBitcoin dropped 0.81% over the last 24 hours to US$30,375 as of 07:20 a.m. in Hong Kong for a weekly loss of 0.35%. Following the release of the U.S. consumer price index (CPI), the world’s biggest cryptocurrency reached a high of US$30,959 on Wednesday night in Asia. However, it soon retreated below US$30,500, according todatafrom CoinMarketCap.\nBitcoin wallets linked to the U.S. Department of Justice (DOJ) moved over 9,800 Bitcoin worth around $300 million to unused addresses in a flurry of transactions on July 12, according to data fromBlockchain.com. The move likely exerted further pressure on the token — as has been the case with other large transfers in thepast.\nIn 2021, the DOJseizedaround 50,000 Bitcoins stolen from the Silk Road darknet marketplace. It is unclear if Wednesday’s transferral between wallets will lead to the U.S. government selling the seized Bitcoin.\nEther dipped 0.43% to US$1,870, losing 2.15% for the week. Like Bitcoin, the token rose Wednesday night, briefly breaching the US$1,900 resistance level. However, it soon retreated back.\nMost other top 10 non-stablecoin cryptocurrencies logged losses in the past 24 hours. The exception was Tron’s TRX token, which gained 0.51% to US$0.0777 and moved up 1.05% for the week.\nAlthough the CPI data on Wednesday pointed to a slow down in the rate of U.S. inflation, it still may not **Last 60 Days of Bitcoin's Closing Prices:** [26930.64, 27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77, 31156.44, 30777.58, 30514.17, 29909.34, 30342.27, 30292.54, 30171.23, 30414.47, 30620.95, 30391.65] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-07-13 **Financial & Commodity Data:** - Gold Closing Price: $1959.20 - Crude Oil Closing Price: $76.89 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $609,125,663,150 - Hash Rate: 321592673.5118464 - Transaction Count: 375859.0 - Unique Addresses: 678891.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.57 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Privacy-focused blockchain and artificial intelligence startup Auradine has raised $81 million in Series A funding led by venture capital firmsCelesta Capital and Mayfield. The company says it is developing "breakthrough scalability, sustainability, and security solutions." Bitcoin mining firmMarathon Digital Holdingsalso invested in Auradine’s Series A, alongside Stanford University, Cota Capital, and DCVC. The company is based in Santa Clara, Calif., and has more than 40 employees—including software engineers and cybersecurity professionals from companies like Palo Alto Networks, Marvell, Intel, Google, and Wells Fargo. "The team has a sustained track record of delivering market-leading products that have generated over $10 billion in revenues at multi-billion infrastructure companies and unicorns," according to the Auradine website. What You Need to Know About the Bitcoin 'Privacy War' “Our first product is going to be a system-level solution with software and cloud management capabilities, focusing on blockchain security applications,” Auradine co-founder and CEO Rajiv Khemani toldDecrypt. “These are going to be for deployment in data center environments. We’ll sell to large enterprises that will house them in data centers.” Auradineexpects to announce its first product this summer and will focus on serving clients in the financial and healthcare sectors, among other industries. “Our vision long-term is pretty broad.” Khemani added. “As you look at internet infrastructure, we think blockchain security and privacy have a very broad area we can target, certainly we’ll have massive implications in the financial sector.” The company’s name derives from combiningAurum, the Latin word for gold, andDyne, a measurement unit of force. “We combined it to make it like a force of gold, and the .com name was available with an ‘i’ — so that’s how the name came about,” Khemani said. Khemani was previously the co-founder and CEO of Innovium, a silicon chip-maker for cloud data companies. In 2021, semiconductor giant Marvell Technologyacquired Innoviumfor a reported $1.1 billion. “In that company [Innovium] and a couple other prior companies we would sell chips,” Khemani said. “In [Auradine’s] instance, we are not selling chips. We’re selling system-level solutions coupled with software, and we’ll also sell cloud software as a service type offerings.” Bitcoin’s Privacy Problem—And What Cypherpunks Are Doing to Solve It Celesta Capital managing partner Sriram Viswanathan and Mayfield’s managing director Navin Chaddha have joined Auradine’s board as part of their investments in the startup. Mayfield recently announced that it has raised a total of$955 millionacross its two VC funds. "The Auradine team of bold entrepreneurs are building a web infrastructure platform that will enable a new era of decentralized and distributed applications," Chaddha said in a statement. "We are excited to serve as inception investor on their journey to leverage AI, blockchain, and privacy technologies to help create an industry leader.”... - Reddit Posts (Sample): [['u/PRFinklemeister', 'Loan your Bitcoin and live tax free on debt?', 18, '2023-07-13 13:13', 'https://www.reddit.com/r/Bitcoin/comments/14yhyg2/loan_your_bitcoin_and_live_tax_free_on_debt/', 'So many ppl say they will do this but there are problems...\n\n* giving up custody of your coins is a recipe for disaster.\n\n* if btc does not appreciate aggressively this does not work. \n\nHow do people think this will be a good strategy?', 'https://www.reddit.com/r/Bitcoin/comments/14yhyg2/loan_your_bitcoin_and_live_tax_free_on_debt/', '14yhyg2', [['u/Halo22B', 17, '2023-07-13 13:24', 'https://www.reddit.com/r/Bitcoin/comments/14yhyg2/loan_your_bitcoin_and_live_tax_free_on_debt/jrsfviw/', '"good... bad" these are subjective terms. Each person has a unique situation. Taking out a Bitcoin backed loan could be a useful strategy to obtain assets (including income producing ones) for certain Bitcoiners....is it for everyone? Of course not. Is there risk? Obviously yes? Is it worth it? Only the individual can make that choice.', '14yhyg2']]], ['u/Andyham', 'Name 3 coins you have faith in for the next bull market', 28, '2023-07-13 13:44', 'https://www.reddit.com/r/CryptoCurrency/comments/14yilsa/name_3_coins_you_have_faith_in_for_the_next_bull/', 'In 2020 it was mostly DEFI and layer2 ETH competition got the attention, until meme coins and rug coin got all the headlines, before the entire market inevitabely came to a halt.\n\nWhat do you think will be the trend this time around (whenever the next bull market is in full swing, be that in 1 week or 2 years from now.\n\nAre you bullish on any of the popular coins from last time around? ADA, SOL, DOT? Still clinging to XLM, XTZ, VET? Any newcomers that will take the market with storm?\n\nThrow me your 3 best bets. Could be solid safe coins in top20 that will outperform BTC/ETH, or riskier outside of top 100 coins that will make Bitcoins inevitable 2x/3x from ATH look like a joke.', 'https://www.reddit.com/r/CryptoCurrency/comments/14yilsa/name_3_coins_you_have_faith_in_for_the_next_bull/', '14yilsa', [['u/liveaskings', 13, '2023-07-13 13:51', 'https://www.reddit.com/r/CryptoCurrency/comments/14yilsa/name_3_coins_you_have_faith_in_for_the_next_bull/jrsim23/', "Matic and Loopring for L2's as we will need more and more growth and then Quant.", '14yilsa'], ['u/liveaskings', 12, '2023-07-13 13:53', 'https://www.reddit.com/r/CryptoCurrency/comments/14yilsa/name_3_coins_you_have_faith_in_for_the_next_bull/jrsisgw/', 'BTC, BTC, BTC. The only sure thing.', '14yilsa']]], ['u/Lord-Nagafen', 'Crypto in the new Mission Impossible movie', 18, '2023-07-13 16:54', 'https://www.reddit.com/r/CryptoCurrency/comments/14yn0yh/crypto_in_the_new_mission_impossible_movie/', 'No major spoilers… Mission Impossible has jumped on the AI and crypto bandwagon. Crypto payment is held on a drive and it is referenced throughout the movie. Not as Bitcoin or Ethereum but just generically as crypto. There is also a strange scene where they are “Decrypting Blockchain” with a loading bar which mostly seemed to be for dramatic effect. According to the article linked below “Tom has trained with a crypto bro for weeks to get his terminology absolutely perfect.” \n\nWhat do you guys think about crypto popping up in movies? Seems to be the payment system for “criminals” and not casual usage. Still it helps keep crypto relevant and in the public lexicon. \n\n\nhttps://waterfordwhispersnews.com/2022/01/31/tom-cruise-to-explain-nfts-in-most-daring-mission-impossible-stunt-yet/', 'https://www.reddit.com/r/CryptoCurrency/comments/14yn0yh/crypto_in_the_new_mission_impossible_movie/', '14yn0yh', [['u/Kappatalizable', 13, '2023-07-13 16:56', 'https://www.reddit.com/r/CryptoCurrency/comments/14yn0yh/crypto_in_the_new_mission_impossible_movie/jrt6hzq/', 'What the Mission? Making profits?', '14yn0yh']]], ['u/TarkovRedditor', 'Alt Coin Rally on Security News', 61, '2023-07-13 18:02', 'https://www.reddit.com/r/CryptoCurrency/comments/14yor7u/alt_coin_rally_on_security_news/', 'All started with the headlines that dropped:\n\n" **Ripple Sales of XRP Do Not Constitute Offer of Investment Contracts: Judge "**\n\n" **Ripple wins verdict that XRP is not a security, and judge also rules that institutional sales of XRP by Ripple were securities"** per bloomberg\n\nThe document: [Link](https://storage.courtlistener.com/recap/gov.uscourts.nysd.551082/gov.uscourts.nysd.551082.874.0.pdf)\n\nhttps://preview.redd.it/oqakgb6d7rbb1.png?width=927&format=png&auto=webp&s=f9c8f5997ccc7137965e4ddd94937cc4b4c4070f\n\n# XRP rallied over +36% within Minutes\n\nhttps://preview.redd.it/lkqors6v7rbb1.png?width=2508&format=png&auto=webp&s=2a76a7deb506acb9645d0621e931c3b134db854b\n\nThe response & investor confidence is pretty clear taking a lookt at the chart. XRP pretty much blew up within minutes, rallying 36%, tons of traders jumping in almost doubling the amount of open trades globally. The market cap jumped from 25Bn to 32Bn.\n\n**But not just XRP caught a rally on the news**\n\nBTC ripped through 31k liquidating millions of USD in shorts\n\nhttps://preview.redd.it/jlqutatt8rbb1.png?width=2560&format=png&auto=webp&s=abf6b8fa4706d16443ff8cee6ae978144257fba3\n\n# ADA jumped over +7%\n\nhttps://preview.redd.it/mhehgeyf8rbb1.png?width=2498&format=png&auto=webp&s=8ed23b625d1f50c2cecfd2c6dd87f32ad9e3b76d\n\n# MATIC over +8%\n\nhttps://preview.redd.it/gqnptz8k8rbb1.png?width=2501&format=png&auto=webp&s=e16cb305aaebc79f27c1a8d2d73880d932dfed74\n\n# SOLANA almost +15%\n\nhttps://preview.redd.it/p1jqauro8rbb1.png?width=2501&format=png&auto=webp&s=7fdfca286bc2cc565c80bc1f51ff58e0fd610fcc\n\n&#x200B;\n\n**50 Million USD n shorts got liquidated within minutes**\n\nhttps://preview.redd.it/a5whun049rbb1.png?width=786&format=png&auto=webp&s=bf2786d4c16dc4a66c47709f7d269b048b808eed\n\nAn important part of the paper is "The Southern District of New York concluded that Ripple’s Programmatic Sales and Other Distributions of XRP did not constitute the offer and sale of investment contracts. But Ripple’s Institutional Sales of XRP constituted the unregistered offer and sale of investment contracts in violation of Section 5 of the Securities Act"\n\n&#x200B;\n\nhttps://preview.redd.it/oes8x3ud9rbb1.png?width=733&format=png&auto=webp&s=52075aa2b6b358c1b7aaff39feb0b333614bdde7\n\n( The document: [Link](https://storage.courtlistener.com/recap/gov.uscourts.nysd.551082/gov.uscourts.nysd.551082.874.0.pdf) )\n\nReading through the document it\'s important to mention that this is NOT what the judge ruled, and the case is still going to trial, where that will still be up for debate.\n\n**It\'s important to keep in mind that XRP DID NOT WIN. This is a great step forward it but nothing set yet. I try to make it clear but please do not make any financial decisions without reading through the document or based on people spamming made up headlines on social media.**', 'https://www.reddit.com/r/CryptoCurrency/comments/14yor7u/alt_coin_rally_on_security_news/', '14yor7u', [['u/ChemicalGreek', 67, '2023-07-13 18:04', 'https://www.reddit.com/r/CryptoCurrency/comments/14yor7u/alt_coin_rally_on_security_news/jrtgfwq/', 'This news is very good for alt coins that had been labeled as security by the SEC! They can basically refer to this law suit in theirs…', '14yor7u'], ['u/niwaniwan', 16, '2023-07-13 18:04', 'https://www.reddit.com/r/CryptoCurrency/comments/14yor7u/alt_coin_rally_on_security_news/jrtghwb/', 'We won, we fucking won lads. Whiskey is on me! We no longer have to wait for 2069 for the lawsuit to end with our grandchildren thinking we got heavy PTSD.', '14yor7u'], ['u/_s79', 16, '2023-07-13 18:05', 'https://www.reddit.com/r/CryptoCurrency/comments/14yor7u/alt_coin_rally_on_security_news/jrtgl9l/', 'Todays the day the bull run started.', '14yor7u'], ['u/TarkovRedditor', 17, '2023-07-13 18:21', 'https://www.reddit.com/r/CryptoCurrency/comments/14yor7u/alt_coin_rally_on_security_news/jrtiwmx/', 'It\'s important to remember that although it\'s a step into the right direction for transparency this isn\'t a "alt coins aren\'t a security" news ( yet? ) . XRP will still go to trial and the results are not 100% here ( yet ? )', '14yor7u']]], ['u/LisHere321', 'This is a glorious day for crypto which opens up for a BULLRUN!!!', 29, '2023-07-13 20:27', 'https://www.reddit.com/r/CryptoCurrency/comments/14ysg9z/this_is_a_glorious_day_for_crypto_which_opens_up/', '**"XRP is not a security"** this is not just bullish for XRP, this is bullish also bullish for almost all crypto which the SEC was sueing!\n\nThis landmark case will unleash a true crypto bullrun...maybe not immediately, but next year when the halving event is going to happen.\n\n**This bullrun will be very huge!!!**\n\nMASSIVE MONEY INFLOW from everywhere:\n\n- big institutions! *BlackROCK as biggest asset manager to join crypto*\n\n- BlackROCK will buy the BTC from Coinbase (COINbase stock will rise a lot, too)\n\n- media starts to see crypto more positive (or at least less negative), so **more new retail** will come to crypto\n\n- SEC will be losing (almost) all their other cases, each lost will pump every coin, yes...every coin will pump!\n\nThe next bullrun (whenever it will start) will be so incredibly huge, it\'s just beyond our imagination. Those who invest just even a little into crypto will make massive gains. Don\'t forget to take profits by then.\n\nCongratulations to anyone who stood steadfast during this longest bear market. You will be very wealthy.', 'https://www.reddit.com/r/CryptoCurrency/comments/14ysg9z/this_is_a_glorious_day_for_crypto_which_opens_up/', '14ysg9z', [['u/StonedRex', 31, '2023-07-13 20:28', 'https://www.reddit.com/r/CryptoCurrency/comments/14ysg9z/this_is_a_glorious_day_for_crypto_which_opens_up/jru2av0/', 'People will FOMO like crazy now.', '14ysg9z'], ['u/Florian995', 28, '2023-07-13 20:35', 'https://www.reddit.com/r/CryptoCurrency/comments/14ysg9z/this_is_a_glorious_day_for_crypto_which_opens_up/jru3... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
30334.07, 30295.81, 30249.13, 30145.89, 29856.56, 29913.92, 29792.02, 29908.74, 29771.80, 30084.54
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin surged on Friday morning in Asia to breach the US$31,000 resistance level, after Ripple Labs achieved apartial victoryin its three-year lawsuit against the U.S. Securities and Exchange Commission (SEC). The regulator\xa0 accused Ripple of offering XRP as an unregistered security. Along with Bitcoin, Ether and all other top 10 non-stablecoin cryptocurrencies logged considerable gains, with XRP spearheading the rally with a rise of over 70%. U.S. equity futures traded flat in the Asia time zone on Friday as investors await earnings reports from major U.S. banks. Thursday’s U.S. producer price index (PPI) has added to a sense that inflation is slowing in the country.\nBitcoin climbed 3.45% over the last 24 hours to US$31,463 as of 07:50 a.m. in Hong Kong for a weekly gain of 4.93%, according todatafrom CoinMarketCap. The world’s largest cryptocurrency reached a high of US$31,814 early Friday morning, the highest price since June 2022.\nIn asummary judgementon Thursday,\xa0 New York Southern District Court Judge Analisa Torres ruled that Ripple’s programmatic sales of the XRP token on public exchanges do not constitute securities, marking a partial victory for Ripple with the SEC. The regulator firstsuedthe San Francisco-based financial technology firm on the grounds that XRP constitutes a security in 2020.\nThe verdict came with a critical caveat, however.\xa0 The court ruled that Ripple’s XRP sales to institutional investors did violate securities laws.\nNonetheless, Ripple’s Chief Executive Officer Stuart Alderoty called the judgement “a huge win” in a Fridaytweet.\nAlderoty said that “the only thing the Court found constitutes an investment contract is past direct XRP sales to institutional clients.” Those transactions will now be subject to\xa0further court proceedings.\nDespite the overall optimism in the crypto community evidenced by the upswing in the market, there are also a number of industry voices sounding a note of caution.\nIn an emailed comment, CoinShares’ Head of Product Townsend Lansing said that the aspect of the ruling that identifies Ripple’s sales to institutional customers as a violation of\xa0securities law\xa0marks “a considerable victory for the SEC.”\nThe ruling will now set a precedent for legal action against other cryptocurrencies by regulators, he said.\n“It is important to note that institutional investors who purchased directly from Ripple may find themselves subject to class-action litigation as potential underwriters,” Lansing added. “This is an area to watch closely, especially if big-name venture capitalists were involved.”\nBut, while some sense of jeopardy remained for those involved, Justin d’Anethan, head of APAC business development at Belgium-based crypto market makerKeyrock, believes that the ruling had at least “shook investors in the best of ways.”\nElsewhere, Europe’s first Bitcoin exchange-traded fund (ETF) is set for a public listing this month. That follows a 12-month delay from the initially planned date, the Financial Timesreportedon Thursday.\nExperts have identified the listing as another potential catalyst for the crypto market.\n“With the talks of ETFs in the background, the idea that we could see products tracking many cryptocurrencies is not implausible and traders are naturally positioning themselves accordingly,” said Keyrock’s d’Anethan.\nLike Bitcoin, Ether surged 6.99% to US$2,004, moving up 7.69% for the week. The token is trading above US$2,000 for the first time since April.\nBoosted by the ruling on the SEC-Ripple case, all other top 10 non-stablecoin cryptocurrencies rose in the past 24 hours. Cardano’s ADA, Solana’s SOL and Polygon’s MATIC each logged two-digit gains.\nXRP, subject of the SEC’s lawsuit against issuer Ripple, jumped 72.75% to US$0.8142 and added 74.89% for the week. In doing so, it replaced Binance’s BNB as the third largest non-stablecoin cryptocurrency by market cap.\nThe total crypto market capitalization rose 6.19% in the past 24 hours to US$1.26 trillion, while trading volume jumped 95.72% to US$60.3 billion.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nThe mainForkast 500 NFT indexedged up 0.14% in the past 24 hours to 2,699.39 as of 09:55 a.m. in Hong Kong. Forkast’s Solana and Cardano NFT market indices also moved higher, while the Etheum and Polygon indices dropped.\nDespite the overnight rise in cryptocurrency prices associated with the Ripple ruling, total NFT sales volume dipped 1.72% in the past 24 hours to US$24.45 million, according to data fromCryptoSlam.\nAmong all NFT collections, Bitcoin-based $FRAM BRC-20 NFTs topped the 24-hour sales volume, edging up 0.31% to US$2.14 million. In doing so, it recorded over two thirds of the total volume on the Bitcoin network. Ethereum-based collections Bored Ape Yacht Club (BAYC) and the Captainz ranked second and third respectively.\nBAYC #1734, part of the BAYC collection, topped collectible sales in the past 24 hours. It was sold at 600 Ether (US$1.2 million) early Friday. As exciting as this big sale is, BAYC #1734 was previouslysoldat 800 Ether in January 2022.\n“This grail Bored Ape was sold at a huge loss, but the takeaway is that there is still a market for very high-priced NFTs, even in a bear market,” said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News.\nAs the bear market continues, Dapper Labs, the developer of hit NFT collections such asCryptoKittiesandNBA Top Shot,\xa0 announced thelayoffof 51 staff on Thursday — roughly 12% of its workforce.\n“The decision was incredibly difficult” but necessary to “ensure a lean and efficient” company, said Dapper Labs Chief Executive Officer Roham Gharegozlou in a letter to employees. It is the third round of layoffs at the company in the past 12 months. Those layoffs saw its workforce cut by22%in November 2022 and by a further20%in February this year.\nCool Cats Group, the Web3 company behind NFT collection Cool Cats,announceda partnership with game developer nWayPlay,\xa0 a subsidiary of Hong Kong-based software and investment giant Animoca Brands. Together, the two companies will develop a Web3 game set to be released between late 2023 and early 2024.\nU.S. stock futurestradedflat as of 11:50 a.m. in Hong Kong.\xa0 All three major U.S. indexes closed higher in regular Thursday trading, with the Nasdaq leading the gains with a 1.58% rise.\nThe U.S.producer price index(PPI) released Thursday recorded a 0.1% year-on-year rise for the month of June, down from 0.9% in May. The June figure is the smallest increase since August 2020.\nThe data is also well below analystexpectationsof a 0.4% annual increase in PPI. Combined with weakconsumer price indexdata released on Wednesday, the data points to a slowdown in U.S. inflation.\n“The better-than-expected inflation figures for June 2023 would suggest that policy is working to ease price pressures as higher interest rates reduce demand. Key payroll figures announced in early July also came in below expectations with the economy generating less jobs than expected in June,” said Keith Wade, chief economist & strategist at asset managementSchroders.\nHowever, given lingering inflation worries, Wade still expects the Federal Reserve to make another interest rate hike in July. The tight labor market and the potential for a reversal in the Fed’s monetary policy could, Wade said, trigger a rally in the bond market that would “loosen financial conditions.”\n“Given the efforts the Fed has made to convince markets they were serious about inflation and not about to pivot, this would seem to be too early,” said Wade.\nFederal Reserve Governor Christopher Waller said in a Thursdayspeechthat the Fed would need to “keep policy restrictive for some time” in order to reduce inflation below its 2% target. He said that he anticipates two more rate hikes by the end of the year.\n“I am more confident that the banking turmoil is not going to result in a significant problem for the economy, and I see no reason why the first of those two hikes should not occur at our meeting later this month,” said Waller.\nMeanwhile, a Wednesdayreportby financial comparison service company Bankrate showed that economists believe there is a 59% chance the U.S. economy will enter a recession inside the next twelve months. The report cited concern about the long-term economic impact of this year’s extended series of rate hikes.\nThe 59% figure is, however, a decrease on the64%chance given in April, and the lowest level in the past 12 months.\nThe Federal Reserve meets on July 26 to discuss its next move on rates, which now sit between 5% and 5.25%. TheCME FedWatch Toolpredicts a 92.4% chance the Fed will enact a 25-basis-point rate increase this month, and a 7.6% chance it will leave the rate unchanged.\nInvestors are now awaiting the release of second-quarter earnings reports from major financial institutions on Friday. The releases will include reports from JPMorgan Chase, Wells Fargo, Citigroup, BlackRock and more.\nElsewhere, main stock indexes across Asia traded higher on Friday morning. China’sShanghai Composite, Hong Kong’sHang Seng, Japan’sNikkeiand South Korea’sKospiall posted rises as of 12:30 p.m. in Hong Kong.\n(Updates with equity section.)', 'Bitcoin surged on Friday morning in Asia to breach the US$31,000 resistance level, after Ripple Labs achieved apartial victoryin its three-year lawsuit against the U.S. Securities and Exchange Commission (SEC). The regulator\xa0 accused Ripple of offering XRP as an unregistered security. Along with Bitcoin, Ether and all other top 10 non-stablecoin cryptocurrencies logged considerable gains, with XRP spearheading the rally with a rise of over 70%. U.S. equity futures traded flat in the Asia time zone on Friday as investors await earnings reports from major U.S. banks. Thursday’s U.S. producer pric **Last 60 Days of Bitcoin's Closing Prices:** [27192.69, 27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77, 31156.44, 30777.58, 30514.17, 29909.34, 30342.27, 30292.54, 30171.23, 30414.47, 30620.95, 30391.65, 31476.05] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-07-14 **Financial & Commodity Data:** - Gold Closing Price: $1960.10 - Crude Oil Closing Price: $75.42 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $609,125,663,150 - Hash Rate: 321592673.5118464 - Transaction Count: 375859.0 - Unique Addresses: 678891.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.60 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The two largest cryptocurrencies gained by more than twice as much in the first half of the year versus traditional assets, spurring hope that the worst of the bear market is over. Bitcoin and Ethereum posted year-to-date gains of 85% and 63% respectively, compared with gains of 32% for the Nasdaq, 16% for the S&P 500 and a loss of 4% for the Hang Seng Index. Commodities also underperformed digital assets, with raw sugar up 14%, gold climbing 5%, and gasoline rising 1.5%. The combined market capitalization for crypto now sits at $1.2T after gaining 24% since the start of January, according to CoinMarketCap. Crypto’s outperformance so far in 2023 follows the 2022 bear market, which wiped $2T from the combined cryptocurrency market cap in 12 months. The 2022 downturn was accelerated by the abrupt collapse of Terra network and its algorithmic UST stablecoin in May 2022, which sent contagion risk reverberating across the web3 industry and deleted billions of dollars in value from the DeFi sector. The collapse of Three Arrows Capital followed. Failures of centralized crypto lenders like Celsius and BlockFi came next, and the unraveling of FTX ended what may have been the worst year for crypto’s history. Halving Hype Propels Bitcoin BTC now boasts a nearly $596M market cap and last traded hands for $30,700. The bullish price action propelled Bitcoin’s market dominance to its highest level since April 2021. Surging on-chain activity and early anticipation for Bitcoin’s next halving have helped propel BTC as the second-best performing asset among the top 30 cryptocurrencies by market cap for the year. The next halving event will take place around early May next year, reducing the rate of new Bitcoin issuance by 50% to 3.125 BTC per block.The creation of the ordinals inscription method and BRC-20 token standard pushed Bitcoin’s on-chain activity to new all-time highs . The inscription methods introduced fungible and nonfungible tokens on Bitcoin for the first time, giving rise to new use cases for the network. Story continues LSTfi Drives Gains For DeFi The DeFi sector produced modest gains in 2023 so far, with the total value locked in DeFi protocols growing 20% from $37.9B to $45.5B since January, according to DeFi Llama. The majority of growth took place on Ethereum and its Layer 2 ecosystem, with Ethereum’s TVL up 23% at $27M and Layer 2s up 140% to $10B, according to L2beat. Tron’s TVL also increased 36% to $5.6B.Mixin emerged as a top 10 chain after its TVL grew 73% to $445. Solana also hosted a notable rebound, gaining 32% to $271M from $205M. However, with Ethereum’s Layer 2 ecosystem undermining the value proposition of low-cost alternative Layer 1 networks by reducing the costs of transacting on Ethereum, many networks have stagnated or shed TVL this year. BNB Chain hosted the largest TVL decline, currently sitting at $3.4B after starting the year with $4.7B in locked assets. Fantom also suffered a significant loss of 42%, with its TVL sliding to $203M from $351M.The market cap of DeFi assets also showed strength YTD, increasing by almost 50% to $50B from $34B, according to CoinGecko. Liquid staking projects drove the lion’s share of DeFi’s market cap growth, with Lido’s stETH staking derivative up $9B, Lido’s governance token LDO gaining $1.1B, and Rocket Pool’s RPL governance token adding $400M to the sector’s capitalization this year. Deflationary Ethereum Ethereum realized its deflationary promise this year, with ETH’s circulating supply falling by 286,827 coins YTD worth $559.3M at current prices.Half of all Ether destroyed since Ethereum switched to Proof of Stake last September were burned during May amid a sharp resurgence in memecoin trading, with the network’s burn rate remaining relatively low during other months. The combined transaction volume on Layer 2 extended its lead over Ethereum this year, with L2s beating mainnet by 335% with nearly 36 transactions per second.Arbitrum is the most popular L2 with 25M transactions over the past 30 days, followed by zkSync Era with 22.3M, and Optimism with 14.6M. For comparison, Ethereum processed 31.4M transactions over the same period.... - Reddit Posts (Sample): [['u/iaco56', '70% of my net worth is in crypto, anyone else?', 273, '2023-07-14 15:41', 'https://www.reddit.com/r/CryptoCurrency/comments/14zgsru/70_of_my_net_worth_is_in_crypto_anyone_else/', 'Hey friends, was curious if you think this is a good idea or a bad idea? Would love to hear your thoughts or suggestions or if you do something similar. I’m 27 so I figured I can withstand the risk of the crypto asset class. I’d love to DCA more but my income is strictly commission based so it’s hard to buy more in this tight economy currently. I’m planning on crypto being my ticket in the future aka get rich or die trying lol. \n\nHere’s the breakdown. \n70% in crypto. 52% Btc, 35% Eth, 10% Link, 3% other alts. \n\n15% in liquid cash for mortgage and bills etc.\n\n15% in stocks. IVV, ING, GBTC \n\nGot in November 2017 bullrun n got wrecked. Learned from my lesson to just hodl. I wish I took profits this past bullrun n rebought but I didn’t. Do you guys plan on taking profits n rebuying this next bull run or just hodl n forget about it? I’m so torn between the decision lol. I could’ve done well in past bull run if I just took profits and rebought but I got greedy n held watching those 4x portfolio gains disappear. Basically sitting slightly in green at the moment. What’s a good strategy to implement for next bull run? Any thoughts would be appreciated!', 'https://www.reddit.com/r/CryptoCurrency/comments/14zgsru/70_of_my_net_worth_is_in_crypto_anyone_else/', '14zgsru', [['u/KadienAgia', 15, '2023-07-14 16:49', 'https://www.reddit.com/r/CryptoCurrency/comments/14zgsru/70_of_my_net_worth_is_in_crypto_anyone_else/jrxwg8v/', 'This is an absolute disaster waiting to happen FYI', '14zgsru']]]]... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
30295.81, 30249.13, 30145.89, 29856.56, 29913.92, 29792.02, 29908.74, 29771.80, 30084.54, 29176.92
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Don’t look now, but the S&P is only 5% below its all-time high.\nSource: StockCharts.com\nHowever, a lot has been made about the uneven gains so far this year.\nAs we’ve pointed out here in theDigest, the Big Tech/AI trade has exploded. And given the heavy weighting of these stocks in the S&P, their gains have hoisted the returns of the broad market. This has masked the underwhelming performance of the average stock in the S&P.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nWell, we’re seeing the gains begin to broaden.\nWithin the S&P, the percentage of stocks now above their 50-day moving average (MA) is 84%. Even if we look at stocks trading above their longer-term 200-day MA, that percentage comes in at 73%. Both percentages are encouraging.\nMeanwhile, there’s positive momentum on the S&P’s Advance/Decline Line. For anyone less familiar, this is a breadth indicator that looks at the difference between the number of stocks rising versus those falling. It heads higher when advances exceed declines.\nAs you can see below, it’s making new all-time highs.\nSource: StockCharts.com\nFinally, there’s the New Highs/New Lows Indicator. As the name suggests, it compares the number of stocks hitting new 52-week highs to those falling to new 52-week lows.\nAs you can see, it appears we’re on the cusp of edging out the high from February.\nSource: StockCharts.com\nBottom line: The bullishness is broadening.\nYes, there’s the inverted yield curve… yes, data suggest the U.S. consumer is running on fumes … yes, elevated interest rates will continue to dry up credit… yes, the risk of a recession still lingers…\nBut here and now, stocks want to go up. So, as we’ve been saying in the Digest, trade it while the trading’s good.\nThanks to everyone who wrote in. We love getting these reader perspectives.\nWhile there were good points made for, and against, a recession, here’s one perspective I found especially interesting. Thanks to Patty B. for sharing these thoughts:\nFirst, I tend to believe the Yield Curve isn’t relevant right now simply because the Fed is manipulating Bond prices and yields in order to scare people.\nMy Blue-Collar intuition tells me the most important factors in the economy right now are inflation, interest rates, and AI. The stickiness of core CPE leads me to think we’ll see elevated rates for longer than expected. In turn, the end of ZIRP combined with AI will probably lead to a lot of Creative Destruction.\nAnd rather than a recession or a Rising Tide, we’ll see a Volatile, Zero-Sum, K-Shaped economy and market. In other word, we’ll have a boom and bust at the same time.\nThose who choose stocks wisely— and watch their stops—will prosper. Those who Buy and Hold a classic diversified portfolio will suffer. Thanks for listening.\nI believe there’s wisdom in Patty’s perspective – especially the idea of a K-shaped economy/market, which echoes our frequently-referenced idea that the market isn’t a big monolith that rises and falls in unison. Rather, it’s made up of thousands of different stocks with wildly different fortunes and fates.\nIt reminds me of what long-time Digest readers will remember as the “Technochasm.”\nTheTechnochasmwas our macro expert Eric Fry’s term to describe the stark — and expanding — wealth gap in the United States that’s, in large part, driven by technology.\nHow much wider will this chasm be with the introduction of Artificial Intelligence (AI)? And not just in the stock market, but as Patty pointed out, for the economy as well?\nTo what extent will AI eliminate certain jobs, funneling those cost savings to the small group of upper-level managers who watch their net worths explode?\nBy extension, if you invest in those companies, how much more will your net worth grow compared to investors who don’t align their portfolios with this AI-advantage?\nEarlier this spring, we highlighted an illustration of this stark Technochasm-divide with the student education company Chegg. Following a downbeat earnings report, Chegg’s CEO admitted that ChatGPT was negatively influencing its business. The stock imploded 48% in a single day and hasn’t recovered since.\nMeanwhile, take Nvidia, the poster child for AI. It has soared this spring based on astonishing demand for its AI-enabling semiconductor chips.\nHere’s a comparison of Chegg versus Nvidia since late-April. Chegg is down 50% while Nvidia is up 76%.\nAnd that cavernous expanse between them?\nThat’s the Technochasm.\nSource: StockCharts.com\nNow, yes, as we pointed out at the beginning of this Digest, we are seeing today’s bullishness widen across an increasing number of stocks. But there’s an enormous difference between investors broadening their market exposure and the sustained outperformance of a company fueled by AI-technology.\nBottom line: The Technochasm is very real and will only widen from here thanks to AI. Make sure you’re on the right side of it. To better understand exactly how to do that,check out Eric’s research video on the Technochasm right here.\nThanks again to Patty for the feedback.\nBitcoin got off to an explosive start in 2023, erupting about 85% by mid-April. This strength paved the way for some monster gains from various altcoins, such as Solana, which tacked on 160% gains by late-February.\nBut then SEC Chair/super-hawk Gary Gensler decided to attack the industry.\nHere’s our crypto expert and the editor ofUltimate Crypto, Luke Lango, with what happened – and more importantly, how the situation is playing out:\nIn late May, a major risk emerged to the boom cycle thesis when the U.S. SEC brought down the regulatory hammer and chased a few key market-makers out of the industry.\nLiquidity got crushed, and cryptos suffered.\nIn our opinion, this risk has been fully resolved, and the boom cycle is back “on.”\nOne of the bullish developments that gives Luke confidence in this assessment is the recent wave of spot Bitcoin ETF filings. One, it shows that institutional interest isn’t flagging despite Gensler’s hawkishness. Two, as Luke points it, this all but ensures a huge increase in crypto liquidity.\nBack to Luke:\nOne – if not multiple – of these ETF filings will be approved. When approved, a Bitcoin ETF will dramatically increase the amount of money flowing into the crypto industry.\nJust consider this fun fact: In its storied history, BlackRock (BLK) has filed for 550 funds.\xa0All but one of them have been approved. That’s a 99.8% success rate.\nWe like those odds.\nInevitably, one of these Bitcoin ETF filings will get approved. And when it starts trading, a ton of money will flow into it and, by extension, the whole crypto industry.\nA judge in the Southern District of New York ruled that the altcoin Ripple (XRP) is “not necessarily a security on its face.”\nThis is a major win for the crypto sector in the face of Gensler’s recent attacks.\nHere’s how Chris Martin, head of research at the crypto shop Amberdata puts it:\nBy judging that XRP is not a security we’re starting to get clarity on what constitutes a security and what constitutes a commodity — the SEC will have to revise their tactics on several of their ongoing cases and I expect that this judgment will implicate several other tokens as non-securities.\nThe immediate impact is we saw a price breakout in bitcoin last night as the crypto pushed north through $31,000.\nWhen we look at its chart here in 2023, we saw an ascending triangle pattern, and it appears it’s trying to break out after consolidating all spring.\nSource: StockCharts.com\nGiven that bitcoin’s market performance continues to lead the way for the rest of the sector, if this breakout continues, Luke believes we’ll see broadening bullishness from top-tier altcoins. And this has him looking to add new coins to his portfolio in preparation.\nBottom line: If it’s been a while since you’ve thought about crypto, give it a fresh look as the sector appears poised for a new leg higher. And to join Luke inUltimate Cryptoto learn which altcoins he’s adding to the portfolio,click here.\nHere’s Luke to take us out:\nWe have re-strengthened conviction in our Fourth Crypto Boom Cycle thesis, and as a result, we are\xa0preparing to go on a crypto shopping spree very soon.\nWe have previously discussed the various reasons this looks and feels a lot like the start of a new boom cycle for cryptos, including the depth and length of the previous bear market crash, the price action on the breakout, the price of BTC relative to key on-chain metrics, the halving event in early 2024, and more.\nAll the dots have connected, if you will, in a manner that suggests this is the start of a multi-year bull run in cryptos…\nThe fundamental and technical outlook for the crypto markets has become increasingly bullish.\nIt’s time to buy.\nHave a good evening,\nJeff Remsburg\n• ChatGPT IPO Could Shock the World, Make This Move Before the Announcement\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• The $1 Investment You MUST Take Advantage of Right Now\n• The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors\nThe postWeâ\x80\x99re Not Far from All-Time Highsappeared first onInvestorPlace.', "Lucas Jackson/Reuters US stocks were mixed on Friday but closed higher for the week as investors cheered a cooler June inflation report. Second-quarter earnings kicked off on Friday with JPMorgan, Wells Fargo, and BlackRock all beating analyst estimates. Investors are expecting the latest earnings season to represent a trough for corporate profits. US stocks were mixed on Friday but traded solidly higher for the week as investors got their first taste of second-quarter earnings results and cheered an upbeat June inflation report. The S&P 500 rose 2.5% for the week while the tech-heavy Nasdaq 100 jumped more than 3%. The cooler June CPI report recalibrated futures expectations, with investors now pricing in just one more interest rate hike from the Federa **Last 60 Days of Bitcoin's Closing Prices:** [27036.65, 27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77, 31156.44, 30777.58, 30514.17, 29909.34, 30342.27, 30292.54, 30171.23, 30414.47, 30620.95, 30391.65, 31476.05, 30334.07] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-07-15 **Financial & Commodity Data:** - Gold Closing Price: $1960.10 - Crude Oil Closing Price: $75.42 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $589,354,741,075 - Hash Rate: 369831574.5386234 - Transaction Count: 484980.0 - Unique Addresses: 732135.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.56 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Venezuela’s temporary ban on mining cryptocurrencies within the country is effectively killing the industry President Nicolás Maduro worked hard to promote. Most Read from Bloomberg Titanic Sub Search Chases Mystery Noises as Air Runs Low Modi Meets With Elon Musk and Ray Dalio as Global Money Flocks to India China Says Biden Calling Xi a Dictator Is ‘Provocation’ Modi’s Yoga Mastery Shows Indian Democracy Is Just a Pose Short Bets on US Stocks Hit $1 Trillion, Most Since April 2022 State regulators first ordered a halt on crypto mining in March, after opening an investigation into a large corruption scheme in which crypto wallets were allegedly used to redirect payments owed to the state-run oil company Petróleos de Venezuela SA. Maduro had personally pushed the use of crypto and specifically the Petro sovereign token, issued by the government. The coin was touted as an alternative to the Venezuelan bolivar in the face of hyperinflation and as a tool to bypass crippling US sanctions. But as the state’s halt on crypto mining drags into a third month, many cash-strapped miners could be forced to shut for good. And the Petro, which never took off but was once deemed by Maduro as Venezuela’s gateway to the future, stopped trading May 24. “It is unfortunate that after going through so much trouble to formalize and do things right, we are now in this situation,” said Alexis Lugo, who’s been working in digital assets for seven years and now leads an educational crypto project called Criptoneros. Roughly 80 people have been arrested in connection to the oil scandal, in which Venezuelan crude was allegedly sold through the country’s crypto oversight agency without paying fees to PDVSA. This includes former technology minister Hugbel Roa, who played a key role in promoting the Petro, and Joselit Ramírez, who managed the crypto superintendence. However, it’s little understood why the ban on crypto mining persists. The vast majority of miners — which use specialized computers to validate transactional blockchain data — are focused on Bitcoin and have nothing to do with the Petro, as the tokens are 100% “pre-mined” by the government. Still, an estimated 75,000 units of mining equipment have been disconnected, according to estimates from mining groups. That’s roughly the equivalent of an entire fleet of machines owned by a major publicly traded mining company such as Riot Platforms Inc. Story continues The intelligence police, known as Sebin, have been conducting audits of miners, seeking confirmation any funds used to purchase equipment didn’t come from the oil corruption scheme, said people familiar with the matter, who asked not to be named. But so far, no miners are known to have been detained or charged with a crime. “The innocent are paying for the sins of the guilty,” said Juan Blanco, chief executive officer of BitData, a 10-person crypto miner in Caracas that’s also focused on crypto education. A Changed Landscape The country’s ban on mining comes as miners from across the globe have been struggling with the plunge in Bitcoin on top of higher electricity costs. Core Scientific Inc., the largest public Bitcoin miner by computing power, went bankrupt last year, and multiple miners have warned of liquidity crunches. Those operating in Venezuela had been partially insulated from higher power costs, as the country enjoys some of the lowest electricity rates in the world. But an about-face by the Maduro government on its crypto-friendly polices has put the country’s status as a mining haven into question. Maduro had called crypto the force to lead the revolution “hand in hand.” In pushing the use of the Petro, his administration had created a Petro app, a crypto bank and billboards atop government buildings with the Petro’s logo. Now, things have drastically changed. Beyond the halt on crypto mining and trading of the Petro, most of the large scale Petro advertisements are gone; armed officials hold constant guard outside the nation’s crypto regulator; and Venezuelan crypto exchanges have been forced to shutter operations in the local currency after regulators had their banks accounts blocked. “Nobody knows for sure what is going to happen with the Petro or the crypto [regulator],” said Humberto Quevedo, a crypto trader and director of an organization of traders and miners known as Asonacrip. “We are in the dark without an official statement.” --With assistance from David Pan. Most Read from Bloomberg Businessweek Final Fantasy XVI Shows Off Square Enix’s Skill at Reinvention Nissan Takes the Long, Costly Road to Reusing EV Batteries What the Reddit Revolt Means for Social Media in an AI Era Race-Based Affirmative Action Is Over. Corporate Diversity Could Be Next How Many People Does It Take for the Government to Send a Text? ©2023 Bloomberg L.P.... - Reddit Posts (Sample): [['u/karmassacre', "I've never met a single person who understood bitcoin that didn't support it", 537, '2023-07-15 13:50', 'https://www.reddit.com/r/Bitcoin/comments/150a1e8/ive_never_met_a_single_person_who_understood/', "That's it. That's the post.", 'https://www.reddit.com/r/Bitcoin/comments/150a1e8/ive_never_met_a_single_person_who_understood/', '150a1e8', [['u/konokonohamaru', 86, '2023-07-15 14:25', 'https://www.reddit.com/r/Bitcoin/comments/150a1e8/ive_never_met_a_single_person_who_understood/js23y3d/', "I never met someone who understands and hates it. But I have met people who understand it and yet are still skeptical. For the most part, it's because they don't think the fiat system is that bad. They are all people who have done very well for themselves financially. Unsurprising then that they don't think the current system needs fixing.", '150a1e8'], ['u/IAmBullsaw', 20, '2023-07-15 16:21', 'https://www.reddit.com/r/Bitcoin/comments/150a1e8/ive_never_met_a_single_person_who_understood/js2hbqx/', "Yeah Im sure it's great, I'll join as soon as I'm able. Still, some bitcoiners are too weird for my taste, I'm probably one of them hah, but I'd love to talk Bitcoin irl without just hearing my partner complain that I talk too much and she's not interested.", '150a1e8']]]]... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
30249.13, 30145.89, 29856.56, 29913.92, 29792.02, 29908.74, 29771.80, 30084.54, 29176.92, 29227.39
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["\x91I didn\x92t see the warning signs\x92: This retired San Antonio man says his wife was scammed by a \x91romantic interest\x92 online \x97 and he\x92s willing to pay up. Here\x92s what Dave Ramsey told him After a retired San Antonio man found out his wife had been the victim of an online fraudster, the news went from bad to worse: She willingly gave her money away to a \x93romantic interest.\x94 Now she\x92s on the hook for loans and credit card payments \x97 to the tune of about $50,000 \x97 at a time when the couple should be enjoying their golden years. Don't miss Commercial real estate has outperformed the S&P 500 over 25 years. Here's how to diversify your portfolio without the headache of being a landlord This janitor in Vermont built an $8M fortune without anyone around him knowing. Here are the 2 simple techniques that made Ronald Read rich \x97 and can do the same for you Millions of Americans are in massive debt in the face of rising rates. Here's how to get your head above water ASAP His wife sent small amounts of cash to a fraudster posing as a romantic interest via credit cards and gift cards, totaling between $9,000 and $10,000. But she was also manipulated into taking out two installment loans for $23,500 and $17,500. \x93I have a bunch of people tell me, \x91I would divorce her,\x92 but I\x92m not going to throw away 25 years (of marriage),\x94 the husband told best-selling author and personal finance expert Dave Ramsey on an episode of The Ramsey Show . Instead, they\x92re going to couples therapy, and the husband is making a \x93concerted effort to get this thing turned around financially and emotionally.\x94 Moving forward after a romance scam Romance scams are surprisingly common: In 2022, some 70,000 people reported they were a victim of a romance scam, according to the Federal Trade Commission, with reported losses totalling $1.3 billion. And those numbers only include those who reported being scammed; many people are too embarrassed to admit it. While the caller on The Ramsey Show can at least talk about what happened, he now has to find a way forward. Both he and his wife are retired and in their mid-70s. While they have retirement savings, their annual household income averages around $69,000. Story continues The first step, according to Ramsey, is to write a check for the smaller \x93credit card mosquitoes\x94 and close those accounts . That\x92s a gesture on the husband\x92s part \x93towards the healing that you\x92re searching for,\x94 says Ramsey. While this helps to avoid accrued interest, it\x92s also better for the husband\x92s mental state, since every time he writes a check to cover his wife\x92s debts, it \x93picks at the scab\x94 and reopens the wound of discovering an emotional affair. But Ramsey recommends holding off on paying the two larger loans while the couple goes to therapy, because \x93somehow you\x92ve got to get some checks and balances and start to incrementally rebuild trust.\x94 In situations like these, you\x92ll always be wondering in the back of your mind if it\x92ll happen again. \x93You\x92ve got to know that this is solid going forward before you write any more big checks,\x94 he says. While it\x92s a conversation the couple needs to have with their therapist, Ramsey recommended that the wife go back to work \x97 if she\x92s in good health \x97 to pay off the two installment loans. While most retirees don\x92t exactly want to go back to work in their mid-70s, this isn\x92t just about coming up with a financial solution. Rather, says Ramsey, it\x92s about taking responsibility for the emotional affair and earning back her partner\x92s trust. Read more : 3 big mistakes people make with cash back credit cards that cost them every time they swipe How to spot a romance scam Elderly divorcees and widows aren\x92t the only ones who fall prey to romance scams. Anyone who is lonely or vulnerable can be a target, including people experiencing marital problems. Romance scammers typically use social media platforms to gather details about potential targets. Then, they create a fake online identity. It\x92s the online version of a con artist, who uses the illusion of love or romance to manipulate the victim into sending money (or, in some cases, sending compromising photos which could later be used to blackmail the victim for money). While some romance scammers use online dating sites, most scams start with unsolicited private messages over social media platforms. Oftentimes, the scammer will ask to move the conversation to a messaging app like WhatsApp or Google Chat. They often tell their prey that they\x92re currently out of the country. \x93That makes it easier to avoid meeting in person \x97 and more plausible when they ask for money for a medical emergency or unexpected legal fee,\x94 according to the FBI. For example, they may claim to be stationed at a military base abroad or working at an offshore oil rig. Or, in a newer type of romance scam , they may claim to be a cryptocurrency investor, manipulating their prey into investing with cryptocurrency like Bitcoin or Ethereum (which is untraceable). Generative AI like ChatGPT will make it even easier for fraudsters to juggle multiple victims, even writing personalized scripts. However, there\x92s a common thread in all of these scams: The fraudster makes plans to meet the victim in person \x97 and may even propose marriage \x97 but always has an excuse for why that meet-up can\x92t happen. Tips for preventing a romance scam More than 60% of reported scams involve either by cryptocurrency or by bank wire, according to the Federal Trade Commission, but gift cards are the most frequently reported scam. Coming up with this money could mean taking out a loan \x97 as was the case with the wife of the caller on The Ramsey Show . While the husband \x93didn\x92t see the warning signs,\x94 there are ways you can protect yourself (or a loved one) from romance scams: Don\x92t post too many personal details online. Scammers can use that information to target you. If a stranger sends you a private DM, proceed with caution. Do a reverse image search of the person\x92s profile pictures to see if the details match up. Be wary if the person always has an excuse for why they can\x92t meet in person. Don\x92t provide your bank account information, wire money or send cryptocurrency to anyone you meet online. If you suspect you\x92ve been defrauded, your bank may be able to cancel a transfer before it happens \x97 otherwise, you\x92re on the hook. File a complaint with the FBI\x92s Internet Crime Complaint Center (IC3) . In the case of the caller on The Ramsey Show , it will be more complicated if your marriage partner falls prey to a romance scam and you only find out about it after it\x92s too late. But that\x92s a bigger issue that may require a therapist \x97 or a divorce lawyer. What to read next The US dollar has lost 98% of its purchasing power since 1971 \x97 invest in this stable asset before you lose your retirement fund 'Hold onto your money': Jeff Bezos says you might want to rethink buying a 'new automobile, refrigerator, or whatever' \x97 here are 3 better recession-proof buys A 50-year-old Mom on Reddit emptied her daughter's college fund to keep her Malibu dream house \x97 the teen is 'furious.' 4 tips to retire comfortably without raiding your kid's account This article provides information only and should not be construed as advice. It is provided without warranty of any kind.", "After a retired San Antonio man found out his wife had been the victim of an online fraudster, the news went from bad to worse: She willingly gave her money away to a “romantic interest.”\nNow she’s on the hook for loans and credit card payments — to the tune of about $50,000 — at a time when the couple should be enjoying their golden years.\n• Commercial real estate has outperformed the S&P 500 over 25 years. Here's how to diversify your portfoliowithout the headache of being a landlord\n• This janitor in Vermont built an $8M fortune without anyone around him knowing. Here arethe 2 simple techniques that made Ronald Read rich— and can do the same for you\n• Millions of Americans are in massive debt in the face of rising rates. Here'show to get your head above water ASAP\nHis wife sent small amounts of cash to a fraudster posing as a romantic interest via credit cards and gift cards, totaling between $9,000 and $10,000. But she was also manipulated into taking out two installment loans for $23,500 and $17,500.\n“I have a bunch of people tell me, ‘I would divorce her,’ but I’m not going to throw away 25 years (of marriage),” the husband told best-selling author and personal finance expert Dave Ramsey on anepisodeofThe Ramsey Show.\nInstead, they’re going to couples therapy, and the husband is making a “concerted effort to get this thing turned around financially and emotionally.”\nRomance scams are surprisingly common: In 2022, some 70,000 people reported they were a victim of a romance scam,according tothe Federal Trade Commission, with reported losses totalling $1.3 billion. And those numbers only include those whoreportedbeing scammed; many people are too embarrassed to admit it.\nWhile the caller onThe Ramsey Showcan at least talk about what happened, he now has to find a way forward. Both he and his wife are retired and in their mid-70s. While they have retirement savings, their annual household income averages around $69,000.\nThe first step, according to Ramsey, is to write a check for the smaller “credit card mosquitoes” andclose those accounts. That’s a gesture on the husband’s part “towards the healing that you’re searching for,” says Ramsey.\nWhile this helps to avoid accrued interest, it’s also better for the husband’s mental state, since every time he writes a check to cover his wife’s debts, it “picks at the scab” and reopens the wound of discovering an emotional affair.\nBut Ramsey recommends holding off on paying the t **Last 60 Days of Bitcoin's Closing Prices:** [27398.80, 26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77, 31156.44, 30777.58, 30514.17, 29909.34, 30342.27, 30292.54, 30171.23, 30414.47, 30620.95, 30391.65, 31476.05, 30334.07, 30295.81] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-07-16 **Financial & Commodity Data:** - Gold Closing Price: $1960.10 - Crude Oil Closing Price: $75.42 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $589,669,522,300 - Hash Rate: 415390536.6194682 - Transaction Count: 595145.0 - Unique Addresses: 732664.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.57 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Remember when big banks looked ripe for disruption? Back in 2019, people—including me—thought upstart neo-banks like Chime and SoFi were going to eat their lunch. These challengers had a slick, digital-first business model and, unburdened by legacy costs like branches and tellers, were poised to undercut the slow-footed incumbents in everything from loans to investment services. It didn't work out that way. More from Fortune:5 side hustles where you may earn over $20,000 per year—all while working from homeLooking to make extra cash? This CD has a 5.15% APY right nowBuying a house? Here's how much to saveThis is how much money you need to earn annually to comfortably buy a $600,000 home A widely sharedWall Street Journalpiece this weekend, titled "America's biggest bank is everywhere—and it isn't done growing," reveals how JPMorgan emerged from the pandemic and the recent regional bank crisis richer and more influential than before. Meanwhile, JPMorgan's big bank rivals—Citi, Bank of America, and the gang—are also flourishing while their would-be disrupters struggle to stay alive. As theJournalnotes, this has come about in part because the industry giants have an implicit backstop from the U.S. government, which "encourages people and businesses to move their money to them in times of stress creating a feedback loop that makes big banks bigger." All of this coincides with a broader trend of banks, which serve as lenders of last resort to kings and heads to state, becoming captured by governments who want to control them for political ends. This is probably a bad thing. As a headline fromThe Economistnoted this month, "The financial system is slipping into state control," with the publication fretting that meddling by the banks' political masters could sow seeds of another policy disaster along the lines of the 2008 mortgage crisis. Part of this control comes in the form of governments dictating what type of assets pass muster when it comes to the collateral banks must hold: "Banks would be able to use deposit financing only to hold assets that carried a government stamp of approval," observesThe Economist. This brings us to Bitcoin. Needless to say, the decentralized digital currency does not carry the government's stamp of approval. Even though Bitcoin has proved a more resilient store of value than many conventional investments, the U.S. government not only refuses to recognize it as a viable asset but is discouraging banks from serving companies that touch crypto. The Bitcoin crowd could care less of course. Satoshi Nakamoto, the currency's creator, launched Bitcoin as an explicit rejection of government-controlled money, and many of its most devoted supporters share this distrust of the state. The question now is whether more everyday people will start viewing Bitcoin as a viable alternative to a banking system that is being subjected to mounting political pressure. It would be ironic indeed if the U.S. government's recent push to exert more control over the banking system delivered a boost to an alternate form of money it wants to stamp out. But as history has shown, using regulation for political ends can produce unintended consequences—and so it would be no surprise to discover that as big banks grow bigger, Bitcoin does too. Jeff John [email protected]@jeffjohnroberts This story was originally featured onFortune.com More from Fortune:5 side hustles where you may earn over $20,000 per year—all while working from homeLooking to make extra cash? This CD has a 5.15% APY right nowBuying a house? Here's how much to saveThis is how much money you need to earn annually to comfortably buy a $600,000 home... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
30145.89, 29856.56, 29913.92, 29792.02, 29908.74, 29771.80, 30084.54, 29176.92, 29227.39, 29354.97
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["A new protocol that lets people create and share digital objects on Ethereum has hit a major setback, according to its creator, who said the Ethscriptions main marketplace had been hacked. Launched last month by Tom Lehman, co-founder and former CEO of Genius.com, Ethscriptions is a novel way to create Ethereum assets that leverage transaction “calldata” to write non-financial data to the network’s blockchain. The Ethscriptions’ protocol itself and other applications that tap the technology haven’t been impacted, Lehman said. Yet, a sizable number of Ethscriptions listed on Ethscriptions.com have been stolen, Lehman said on Twitter on Friday. “About 123 individual addresses lost a total of about 202 ethscriptions in this exploit,” he said. “Any young protocol will have bumpy landings, but this is definitely not what I meant.” https://t.co/ZcR9HKlexS Marketplace Security Incident Update In this Tweet I’m going to walk you through how the exploit happened and what we are doing about it. First, to be clear, this was not a vulnerability in the Ethscriptions Protocol. This was a vulnerability in one… pic.twitter.com/i5Q0W2PRMQ — Middlemarch (@dumbnamenumbers) July 12, 2023 In terms of value, it’s unclear exactly how much was lost in connection with the exploit. But according to data from NFT marketplace OpenSea , some inscriptions have sold for as much as 5 Ethereum or around $9,600 in the past month. Lehman told Decrypt that, regarding the Ethscriptions lost, “it’s all terrible,” but he specifically lamented the theft of Ethscription #56 , describing it as “brutal” and pointing to the rarity often ascribed to earlier artifacts. The exploit also has a particular sting, Lehman said, because it was meant to serve as an example that other marketplaces building out support for Ethscriptions could lean on. Story continues “The purpose of the marketplace was basically to help show other people how to create marketplaces and help build an ecosystem,” he said. “Unfortunately, we fell on our face in that area.” Lehman claimed responsibility for the failure, explaining the exploit could be traced to a smart contract that he and Indelible Labs co-founder Michael Hirsch created. A snippet of code allowed people to withdraw Ethscriptions that they didn't own from the marketplace. “Part of the challenge with this new protocol is that you save a bunch of money from limiting the use of smart contract storage, but then you have to be more strategic surrounding how you use contracts in cases like marketplaces,” he said. “You have to figure out a way to either give smart contracts information or make it so smart contracts don’t need that information.” The Ethscriptions.com marketplace will be relaunched once necessary changes are made to the protocol itself, according to Lehman, who said he’s been in contact with many of those impacted by the exploit. He praised them on Twitter as “the earliest adopters” of the Ethscriptions protocol. Ethscriptions are distinct compared to traditional NFTs, stored in transaction-level data as opposed to being tokens issued on Ethereum by smart contracts, like in the case of the ERC-721 token standard. According to a Dune Analytics dashboard , around 474,000 Ethscriptions have been created so far. The protocol’s emergence follows Ordinals’ rise in popularity, used for creating NFT-like assets on Bitcoin, which has led to a new wave of experimentation with crypto’s oldest coin. Lehman drew attention to the exploit on July 14. Days later, a disclaimer about the impacted state of the marketplace remains. A warning on Ethscriptions.com reads, “There is an issue with the marketplace contract! Withdraw your Ethscriptions and do not create new listings!”", "A new protocol that lets people create and share digital objects on Ethereum has hit a major setback, according to its creator, who said the Ethscriptions main marketplace had been hacked. Launched last month by Tom Lehman, co-founder and former CEO of Genius.com, Ethscriptions is a novel way to create Ethereum assets that leverage transaction “calldata” to write non-financial data to the network’s blockchain. The Ethscriptions’ protocol itself and other applications that tap the technology haven’t been impacted, Lehman said. Yet, a sizable number of Ethscriptions listed on Ethscriptions.com have been stolen, Lehman said on Twitter on Friday. “About 123 individual addresses lost a total of about 202 ethscriptions in this exploit,” he said. “Any young protocol will have bumpy landings, but this is definitely not what I meant.” https://t.co/ZcR9HKlexS Marketplace Security Incident Update In this Tweet I’m going to walk you through how the exploit happened and what we are doing about it. First, to be clear, this was not a vulnerability in the Ethscriptions Protocol. This was a vulnerability in one… pic.twitter.com/i5Q0W2PRMQ — Middlemarch (@dumbnamenumbers) July 12, 2023 In terms of value, it’s unclear exactly how much was lost in connection with the exploit. But according to data from NFT marketplace OpenSea , some inscriptions have sold for as much as 5 Ethereum or around $9,600 in the past month. Lehman told Decrypt that, regarding the Ethscriptions lost, “it’s all terrible,” but he specifically lamented the theft of Ethscription #56 , describing it as “brutal” and pointing to the rarity often ascribed to earlier artifacts. The exploit also has a particular sting, Lehman said, because it was meant to serve as an example that other marketplaces building out support for Ethscriptions could lean on. Story continues “The purpose of the marketplace was basically to help show other people how to create marketplaces and help build an ecosystem,” he said. “Unfortunately, we fell on our face in that area.” Lehman claimed responsibility for the failure, explaining the exploit could be traced to a smart contract that he and Indelible Labs co-founder Michael Hirsch created. A snippet of code allowed people to withdraw Ethscriptions that they didn't own from the marketplace. “Part of the challenge with this new protocol is that you save a bunch of money from limiting the use of smart contract storage, but then you have to be more strategic surrounding how you use contracts in cases like marketplaces,” he said. “You have to figure out a way to either give smart contracts information or make it so smart contracts don’t need that information.” The Ethscriptions.com marketplace will be relaunched once necessary changes are made to the protocol itself, according to Lehman, who said he’s been in contact with many of those impacted by the exploit. He praised them on Twitter as “the earliest adopters” of the Ethscriptions protocol. Ethscriptions are distinct compared to traditional NFTs, stored in transaction-level data as opposed to being tokens issued on Ethereum by smart contracts, like in the case of the ERC-721 token standard. According to a Dune Analytics dashboard , around 474,000 Ethscriptions have been created so far. The protocol’s emergence follows Ordinals’ rise in popularity, used for creating NFT-like assets on Bitcoin, which has led to a new wave of experimentation with crypto’s oldest coin. Lehman drew attention to the exploit on July 14. Days later, a disclaimer about the impacted state of the marketplace remains. A warning on Ethscriptions.com reads, “There is an issue with the marketplace contract! Withdraw your Ethscriptions and do not create new listings!”", 'Good morning. Here’s what’s happening:\nPrices:Positive events spurred a crypto market boost and altcoin rally, although the subsequent corrections were to be expected, a crypto fund manager said. BTC is holding comfortably above $30K.\nInsights:The robust influx into Toronto\'s Purpose Bitcoin ETF indicates a high retail demand for such products, signaling promise for U.S. companies with pending BTC applications with the SEC.\nCoinDesk Market Index (CMI)\n1,268\n−4.5▼0.4%\nBitcoin (BTC)\n$30,298\n+11.7▲0.0%\nEthereum (ETH)\n$1,927\n−5.2▼0.3%\nS&P 500\n4,505.42\n−4.6▼0.1%\nGold\n$1,958\n−2.5▼0.1%\nNikkei 225\n32,391.26\n−28.1▼0.1%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,268", "\\u22124.5\\u25bc0.4%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$30,298", "+11.7\\u25b20.0%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,927", "\\u22125.2\\u25bc0.3%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,505.42", "\\u22124.6\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,958", "\\u22122.5\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["32,391.26", "\\u221228.1\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin Holds Steady Above $30K\nAs Asia begins its business week, bitcoin is maintaining its position above $30,000, though ether has dipped below the $2,000 mark.\nThe world’s largest digital asset is currently at $30,298, flat over the last 24 hours,according to CoinDesk data, whileether is also changing hands sideways at $1,927.\nLast week’s unexpected rally in crypto prices came from afavorable rulinga court handed down in the Ripple-SEC case, but Joe DiPasquale, CEO of crypto fund manager BitBull Capital, said in a note that after the market overheated and “corrections are to be expected”.\nDiPasquale wrote that if there is a correction, “we are unlikely to see Bitcoin trading below $27K for long” and the “market is likely to consolidate around the current zone for now.”\nThe question is, where does the market go from here? Last week was already a busy week with the scheduled economic data releases, and became even more so with market movement from the XRP-led altcoin rally.\n“Looking ahead, with no major scheduled events or economic data releases this week, we anticipate that price action in the market will be influenced by open interest levels, reflecting trader sentiment, and trending topics such as memes and artificial intelligence,” Johnny Teng **Last 60 Days of Bitcoin's Closing Prices:** [26832.21, 26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77, 31156.44, 30777.58, 30514.17, 29909.34, 30342.27, 30292.54, 30171.23, 30414.47, 30620.95, 30391.65, 31476.05, 30334.07, 30295.81, 30249.13] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-07-17 **Financial & Commodity Data:** - Gold Closing Price: $1952.40 - Crude Oil Closing Price: $74.15 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $587,496,884,025 - Hash Rate: 364471696.6467593 - Transaction Count: 428612.0 - Unique Addresses: 703876.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.54 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Web3 (or Web 3.0) will revolutionize the way we use the internet by incorporating decentralization via blockchain technology. Some believe it will change the internet the way bitcoin (BTC) and other cryptos have altered the financial paradigm. In order to understand Web3, it’s helpful to understand Web1 and Web2: Web1 (or Web 1.0) is what we now call the internet’s early days. Web1 allowed you to consume internet content, but little else. Internet websites were static and non-interactive; you could merely send simple one-way messages or emails. Companies were starting to build their own web sites but largely as a glorified press release; it wasn't a way to interact with the public. In this way, you could compare Web1 with a physical newspaper. Composed of paper and ink, you are only a content consumer. There is no way to transparently see how popular an article is or who is reading it — and you can’t interact with fellow readers. Survey Says: Nobody Knows What Web3 Is Web2 (or Web 2.0) is what most people simply think of as the current internet. Web2 is interactive and allows you to create your own content, comment and react to content, and interact with other users. This enabled the creation of social media networks and other interactive sites like Facebook, Twitter, Reddit, etc. Using our previous comparison, you could think of Web2 as our newspaper migrating to a website that allows you to interact in ways previously not possible. Web3 is a response to concerns over personal data usage and internet privacy. In Web2, user data is largely controlled by major social media platforms, web browsers, and websites. Web3, conversely, is designed to be a more transparent and censorship-resistant version of the internet. More democratic than its Web2 predecessor, it puts people in control of both internet architecture and user data. Using blockchain -based protocols in concert with AI, Web3 is a decentralized version of the internet that allows users to own their own data. Beyond that, Web3 embraces the crypto ethos and is designed to be permissionless (no centralized gatekeepers), trustless (no need to place trust in a third party), and open to all (little-to-no censorship of individuals/ideas).... - Reddit Posts (Sample): []... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
29856.56, 29913.92, 29792.02, 29908.74, 29771.80, 30084.54, 29176.92, 29227.39, 29354.97, 29210.69
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['An ESG focused-fund manager is challenging claims from the environmental non-profit GreenpeaceUSA that Bitcoin mining is a major source of pollution and societal harm. In a report published last Tuesday, GreenpeaceUSA called on Bitcoin-friendly financial services companies—including BlackRock , Fidelity, JPMorgan, and others—to denounce Bitcoin’s “climate destruction” and encourage a code change to a “cleaner protocol” that obviates the mining industry. “All of these companies have connections to Bitcoin and have failed to take meaningful action to solve the problem despite making climate and sustainability pledges,” GreenpeaceUSA wrote. It\'s a view rejected by CH4 Capital co-founder Daniel Batten, who argues that Bitcoin is a force for environmental healing, rather than harm. “There is a growing weight of evidence from those most qualified to make the assessment to suggest that Bitcoin mining helps build out the renewable grid,” Batten wrote in a formal rebuttal to GreenpeaceUSA on Sunday. He cited Brad Jones, former interim CEO of the Electric Reliability Council of Texas (ERCOT), who has spoken about Bitcoin’s ability to make renewable energy operators more profitable, fundable, and stable. Lone Star State ‘Will Be Silicon Valley’ of Crypto: Texas Blockchain Council President According to Batten, many of the facts and figures used by GreenpeaceUSA to demonstrate Bitcoin’s environmental harm were misleading, if not outright false. GreenpeaceUSA "uses unsubstantiated fear about \'what might happen\' rather than evidence," he writes, saying the report is "filled with emotive language." For example, GreenpeaceUSA claimed that the mining industry is “mostly powered mostly by coal.” In fact, Batten notes, there are 41 known sustainably powered mining operations, and only one operation still uses a coal-related product. Furthermore, unlike the environmental activist group\'s claim that Bitcoin’s “climate destruction” would “accelerate” if left unchecked, Batten presented data showing that Bitcoin’s emissions are actually falling over time. Story continues “Emissions are falling despite rising hashrate due to decimation of mining in Kazakhstan and other coal-based grids,” explained Batten in a message to Decrypt . Such miners, he said, have relocated to more sustainably powered grids like those in Texas. He also cited individual public mining companies, such as Marathon , which have moved their facilities from a coal-based to wind-based standard, alongside “ flare-gas mining that reduces the overall net emissions of the bitcoin network.” Batten’s fund specifically invests in companies that aim to mine Bitcoin using purified landfill gas that would otherwise be burned and pollute the atmosphere with methane emissions. The process is a win-win for both the environment and the company’s bottom line, he writes. “Our $400 million fund will have sufficient dry powder to finance the Bitcoin network, abating more emissions than its creating, which can end ESG FUD, the major remaining barrier for both retail and institutional adoption,” Batten told Decrypt . The Bitcoin community has been largely unwelcoming to GreenpeaceUSA’s campaign , which began last year after the organization received $5 million to highlight the perils of the mining industry. When asked for his thoughts on the GreenpeaceUSA campaign and its backer, Ripple co-founder Chris Larsen, Batten refused to comment in great detail. “I\'ll let people make up their own mind about the intentions of a chair of another altcoin giving a large sum of money to help an NGO attack a rival form of cryptocurrency in Bitcoin,” he said. Editor\'s Note: This article was updated to correct Daniel Batten\'s name and clarify that he was responding to GreenpeaceUSA\'s Bitcoin mining report.', 'An ESG focused-fund manager is challenging claims from the environmental non-profit GreenpeaceUSA that Bitcoin mining is a major source of pollution and societal harm.\nIn areportpublished last Tuesday, GreenpeaceUSA called on Bitcoin-friendly financial services companies—includingBlackRock, Fidelity, JPMorgan, and others—to denounce Bitcoin’s “climate destruction” and encourage a code change to a “cleaner protocol” that obviates the mining industry.\n“All of these companies have connections to Bitcoin and have failed to take meaningful action to solve the problem despite making climate and sustainability pledges,” GreenpeaceUSA wrote.\nIt\'s a view rejected by CH4 Capital co-founder Daniel Batten, who argues that Bitcoin is a force for environmental healing, rather than harm.\n“There is a growing weight of evidence from those most qualified to make the assessment to suggest that Bitcoin mining helps build out the renewable grid,” Battenwrotein a formal rebuttal to GreenpeaceUSA on Sunday. He cited Brad Jones, former interim CEO of the Electric Reliability Council of Texas (ERCOT), who has spoken about Bitcoin’s ability to make renewable energy operators more profitable, fundable, and stable.\nLone Star State ‘Will Be Silicon Valley’ of Crypto: Texas Blockchain Council President\nAccording to Batten, many of the facts and figures used by GreenpeaceUSA to demonstrate Bitcoin’s environmental harm were misleading, if not outright false.\nGreenpeaceUSA "uses unsubstantiated fear about \'what might happen\' rather than evidence," he writes, saying the report is "filled with emotive language."\nFor example, GreenpeaceUSA claimed that the mining industry is “mostly powered mostly by coal.” In fact, Batten notes, there are 41 known sustainably powered mining operations, and only one operation still uses a coal-related product.\nFurthermore, unlike the environmental activist group\'s claim that Bitcoin’s “climate destruction” would “accelerate” if left unchecked, Batten presented data showing that Bitcoin’s emissions are actually falling over time.\n“Emissions are falling despite rising hashrate due to decimation of mining in Kazakhstan and other coal-based grids,” explained Batten in a message toDecrypt. Such miners, he said, have relocated to more sustainably powered grids like those in Texas.\nHe also cited individual public mining companies, such asMarathon, which have moved their facilities from a coal-based to wind-based standard, alongside “flare-gas miningthat reduces the overall net emissions of the bitcoin network.”\nBatten’s fund specifically invests in companies that aim to mine Bitcoin using purified landfill gas that would otherwise be burned and pollute the atmosphere with methane emissions. The process is a win-win for both the environment and the company’s bottom line, he writes.\n“Our $400 million fund will have sufficient dry powder to finance the Bitcoin network, abating more emissions than its creating, which can end ESG FUD, the major remaining barrier for both retail and institutional adoption,” Batten toldDecrypt.\nThe Bitcoin community has been largely unwelcoming to GreenpeaceUSA’scampaign, which began last year after the organization received $5 million to highlight the perils of the mining industry.\nWhen asked for his thoughts on the GreenpeaceUSA campaign and its backer, Ripple co-founder Chris Larsen, Batten refused to comment in great detail.\n“I\'ll let people make up their own mind about the intentions of a chair of another altcoin giving a large sum of money to help an NGO attack a rival form of cryptocurrency in Bitcoin,” he said.\nEditor\'s Note: This article was updated to correct Daniel Batten\'s name and clarify that he was responding to GreenpeaceUSA\'s Bitcoin mining report.', 'An ESG focused-fund manager is challenging claims from the environmental non-profit GreenpeaceUSA that Bitcoin mining is a major source of pollution and societal harm.\nIn areportpublished last Tuesday, GreenpeaceUSA called on Bitcoin-friendly financial services companies—includingBlackRock, Fidelity, JPMorgan, and others—to denounce Bitcoin’s “climate destruction” and encourage a code change to a “cleaner protocol” that obviates the mining industry.\n“All of these companies have connections to Bitcoin and have failed to take meaningful action to solve the problem despite making climate and sustainability pledges,” GreenpeaceUSA wrote.\nIt\'s a view rejected by CH4 Capital co-founder Daniel Batten, who argues that Bitcoin is a force for environmental healing, rather than harm.\n“There is a growing weight of evidence from those most qualified to make the assessment to suggest that Bitcoin mining helps build out the renewable grid,” Battenwrotein a formal rebuttal to GreenpeaceUSA on Sunday. He cited Brad Jones, former interim CEO of the Electric Reliability Council of Texas (ERCOT), who has spoken about Bitcoin’s ability to make renewable energy operators more profitable, fundable, and stable.\nLone Star State ‘Will Be Silicon Valley’ of Crypto: Texas Blockchain Council President\nAccording to Batten, many of the facts and figures used by GreenpeaceUSA to demonstrate Bitcoin’s environmental harm were misleading, if not outright false.\nGreenpeaceUSA "uses unsubstantiated fear about \'what might happen\' rather than evidence," he writes, saying the report is "filled with emotive language."\nFor example, GreenpeaceUSA claimed that the mining industry is “mostly powered mostly by coal.” In fact, Batten notes, there are 41 known sustainably powered mining operations, and only one operation still uses a coal-related product.\nFurthermore, unlike the environmental activist group\'s claim that Bitcoin’s “climate destruction” would “accelerate” if left unchecked, Batten presented data showing that Bitcoin’s emissions are actually falling over time.\n“Emissions are falling despite rising hashrate due to decimation of mining in Kazakhstan and other coal-based grids,” explained Batten in a message toDecrypt. Such miners, he said, have relocated to more sustainably powered grids like those in Texas.\nHe also cited individual public mining companies, such asMarathon, which have moved their faci **Last 60 Days of Bitcoin's Closing Prices:** [26890.13, 27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77, 31156.44, 30777.58, 30514.17, 29909.34, 30342.27, 30292.54, 30171.23, 30414.47, 30620.95, 30391.65, 31476.05, 30334.07, 30295.81, 30249.13, 30145.89] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-07-18 **Financial & Commodity Data:** - Gold Closing Price: $1977.20 - Crude Oil Closing Price: $75.75 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $585,460,100,400 - Hash Rate: 434150109.2409926 - Transaction Count: 582684.0 - Unique Addresses: 775244.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.56 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The cloud computing arm ofGoogleannounced on Thursday that it will reimburse customers for up to $1 million in costs from the unauthorized use of their accounts for crypto mining. Those who enroll in the cloud provider’s premium tier of Security Command Center, or Google Cloud’s layer of security features, will be eligible for the added protection, Google said in ablog postannouncing the new policy. “We have enough cryptocurrency mining detection capabilities built into Security Command Center now that we feel confident in our ability to prevent crypto mining from happening,” Jess Leroy, a senior director of product management at Google Cloud, toldFortune.“We thought that this was a great way to put our money where our mouth is.” Crypto-mining attacks can occur after hackers gain access to a user’s cloud account. Once they’re in, they rapidly accelerate how much computing power the account holders use in order to mine cryptocurrencies like Bitcoin and Monero. As the computing power consumed increases, so do the costs cloud providers unknowingly bill victims. In fact, nearly two-thirds of all hacked cloud accounts were used to mine crypto in the second quarter of 2022, Google said in aresearch reportpublished in September. “Crypto-mining attacks continue to be a serious security and financial issue for organizations who do not have the right preventative controls and threat detection capabilities in their cloud environments,” Philip Bues, a researcher at International Data Corporation who follows cloud security trends, said in a statement. The financial protections Google Cloud has introduced for crypto mining follows a previous commitment to reimburse customers who are victims of DDoS attacks, or when bad actors flood a website with traffic in order to temporarily paralyze it, Google Cloud’s Leroy toldFortune. The cloud provider’s crypto-mining protections join its suite of Web3 offerings as the third-largest cloud services firm by market share, according to data fromSynergy Research Group, looks toadapt its businessto rising interest in crypto. Google Cloud has announced a suite of partnerships with big-name players in Web3, includingNansen,Coinbase, andBNB Chain. It’s even unveiled aWeb3 startup programthat provides developers a slew of discounts on crypto products as well as access to millions in funds from foundations that support protocols likeSolana,Polygon, and Aptos. This story was originally featured onFortune.com More from Fortune:5 side hustles where you may earn over $20,000 per year—all while working from homeLooking to make extra cash? This CD has a 5.15% APY right nowBuying a house? Here's how much to saveThis is how much money you need to earn annually to comfortably buy a $600,000 home... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
29913.92, 29792.02, 29908.74, 29771.80, 30084.54, 29176.92, 29227.39, 29354.97, 29210.69, 29319.25
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening:\nPrices:Caleb & Brown\'s Jake Boyle explains why ether might be the more interesting play than bitcoin.\nInsights:Coinbase\'s stock is up more than 23% since Ripple\'s partial court victory against the SEC last Thursday. In a CoinDesk TV interview, Needham analyst John Todaro discussed why he\'s upbeat about the company.\nCoinDesk Market Index (CMI)\n1,254\n−10.5▼0.8%\nBitcoin (BTC)\n$29,856\n−311.4▼1.0%\nEthereum (ETH)\n$1,896\n−18.6▼1.0%\nS&P 500\n4,554.98\n+32.2▲0.7%\nGold\n$1,981\n+28.8▲1.5%\nNikkei 225\n32,493.89\n+NaN▲NaN%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,254", "\\u221210.5\\u25bc0.8%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$29,856", "\\u2212311.4\\u25bc1.0%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,896", "\\u221218.6\\u25bc1.0%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,554.98", "+32.2\\u25b20.7%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,981", "+28.8\\u25b21.5%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["32,493.89", "+NaN\\u25b2NaN%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nLooking Beyond Bitcoin\nAs East Asia’s business day begins, bitcoin is down 1% to $29,856, while ether is also down 1% to $1,896. Although many parts of the altcoin market are beginning the day as a sea of red, XRP is continuing its upwards trajectory, rising 5% to hit $0.77.\nThe current Bitcoin movements indicate that the market is range-bound and stagnant, Jake Boyle, the Chief Commercial Officer at Australian crypto exchange Caleb & Brown said on CoinDesk TV.\nWhile Bitcoin is experiencing some ups and downs around the $30,000 mark, Boyle argues that no major movements are expected until certain key events take place.\nStellar, Solana, and Optimism have shown explosive growth following last week\'s XRP news, each for different reasons.\n"Stellar is regularly associated with XRP... Optimism provides something new, it hasn\'t experienced a dramatic bull market, and it hasn\'t come down 99% from its all-time high," Boyle said.\nRight now, Boyle is interested in Ethereum as he’s observed a “noticeable increase in buying power against bitcoin.”\n“Ethereum is prone to upgrades. It’s prone to community changes,” he said, explaining how it\'s more receptive to news announcements and updates while bitcoin stays relatively constant.\n“Bitcoin is just bitcoin,” he said.\n[{"Asset": "XRP", "Ticker": "XRP", "Returns": "+3.9%", "DACS Sector": "Currency"}]\n[{"Asset": "Gala", "Ticker": "GALA", "Returns": "\\u22126.9%", "DACS Sector": "Entertainment"}, {"Asset": "Solana", "Ticker": "SOL", "Returns": "\\u22125.9%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Polygon", "Ticker": "MATIC", "Returns": "\\u22125.7%", "DACS Sector": "Smart Contract Platform"}]\nCoinbase on the Rise?\nRipple\'spartial winlast week in its long-running Federal court feud with the Securities and Exchange Commission (SEC) will likely benefit Coinbase by clarifying a nettlesome aspect of crypto regulation and enabling the exchange to re-list certain tokens, John Todaro, a senior research analyst at broker Needham & Company, told CoinDesk TV\'s "First Mover" program Tuesday.\nTodaro noted that industry observers had feared a decision favoring the SEC would have required Coinbase to delist tokens, potentially costing it more than a third of its revenue.\n"It does remove some those concerns that along the way, Coinbase might have to delist a lot of assets, which is going to be a big deterrent to their exchange business, which is where they get most of their revenue," Todaro said, adding that the ruling would also "give institutional investors more clarity."\n"Now you can start digging into Coinbase fundamentals a bit more versus the stock only moving just on regulatory concerns or positive regulatory announcements."\nLast Thursday, a U.S. district court ruled that Ripple’s XRP token should not be considered a security if sold via an exchange or through programmatic sales. In a research report the following day, Todaro and another analyst, Daniel Lehmann wrote that the decision could boost Coinbase shares by establishing that token sales through exchanges, at least in the case of XRP, did not violate securities laws.\nRead More:Ripple’s XRP Summary Judgment Positive for Coinbase, Price Target Raised to $120: Needham\n"This outcome should moderately de-risk the regulatory pressure on the stock,” the analysts wrote.\nThe broker maintained a buy rating on Coinbase shares and raised its price target to $120 from $70. Coinbase shares closed at $104.59, down 0.9% but are up more than 23% since last Thursday.\nCoinbase has faced its own regulatory issues, including an SEC lawsuit last month accusing the exchange of violating securities law, and it also still addressing the fall-out from a lengthy bear market that has spooked investors.\nIn the "First Mover" interview, Todaro predicted that Coinbase trading volumes for its second quarter (ending June 30) should be the poorest second quarter since the exchange started trading publicly in 2021. But he said July volumes "are okay," and that investors should already have priced in the company\'s Q2 issues. "Folks should start looking at what\'s coming up," including next year\'s bitcoin halving, "which is historically coinciding with higher crypto prices, ETF applications and a little bit more of a positive view on regulation," he said, and described the exchange as "the only kind of adult left in the room at the exchange level.\nEthereum Community Conference\nGoldman Sachs second quarter earnings\nHKT/SGT(6:00 UTC)United Kingdom Consumer Price Index (MoM/June)\nHKT/SGT(9:00 UTC)Core Harmonized Index of Consumer Prices (MoM/June)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nCoinbase CEO Will Reportedly Meet With House Democrats; Bitcoin Outlook After Hitting June Low\nBloomberg reported Coinbase CEO Brian Armstrong met with House Democrats Wednesday morning. Needham & Company senior research analyst John Todaro shared his outlook on Coinbase (COIN)\'s stock performance. Aku creator and former MLB player Micah Johnson discussed teaming up with Starbucks. Caleb & Brown director Jake Boyle shared his crypto markets analysis. And, John Oliver from PwC weighed in on how traditional hedge funds view investing in crypto assets.\nBitcoin Remains Under Pressure Below $30K Following U.S. Retail Sales Numbers:Thursday\'s rally to a new 13-month high of $31,800 has now more than been fully nullified.\nArkham\'s Token Debuts at $0.75 After Being Sold for $0.05 in Binance Launchpad:Users locked up a total of $2.4 billion in the launchpad to secure a better chance at receiving the full allocation.\nCelsius Estate Settles With Series B Holders Over Proceeds of GK8 Sale:Mike Novogratz’s Galaxy Digital purchased self-custody platform GK8 from Celsius in December as part of bankruptcy proceedings.\nLevered Bullish Longs Getting Liquidated as Bitcoin Market Softens:CoinGlass data shows that in the last 24 hours, $116.38 million worth of futures bets were liquidated, with $85.68 in bullish long positions\nReddit Community Tokens Rocket as Rule Change Speculation Boosts MOON, BRICK:Reddit changed its Terms of Service recently where it now explicitly allows for trading Reddit\'s tokenized Community Points, one observer said while explaining the price rally.', 'Good morning. Here’s what’s happening: Prices: Caleb & Brown\'s Jake Boyle explains why ether might be the more interesting play than bitcoin. Insights: Coinbase\'s stock is up more than 23% since Ripple\'s partial court victory against the SEC last Thursday. In a CoinDesk TV interview, Needham analyst John Todaro discussed why he\'s upbeat about the company. Prices CoinDesk Market Index (CMI) 1,254 −10.5 ▼ 0.8% Bitcoin (BTC) $29,856 −311.4 ▼ 1.0% Ethereum (ETH) $1,896 −18.6 ▼ 1.0% S&P 500 4,554.98 +32.2 ▲ 0.7% Gold $1,981 +28.8 ▲ 1.5% Nikkei 225 32,493.89 +NaN ▲ NaN% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,254 −10.5 ▼ 0.8% Bitcoin (BTC) $29,856 −311.4 ▼ 1.0% Ethereum (ETH) $1,896 −18.6 ▼ 1.0% S&P 500 4,554.98 +32.2 ▲ 0.7% Gold $1,981 +28.8 ▲ 1.5% Nikkei 225 32,493.89 +NaN ▲ NaN% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Looking Beyond Bitcoin As East Asia’s business day begins, bitcoin is down 1% to $29,856, while ether is also down 1% to $1,896. Although many parts of the altcoin market are beginning the day as a sea of red, XRP is continuing its upwards trajectory, rising 5% to hit $0.77. The current Bitcoin movements indicate that the market is range-bound and stagnant, Jake Boyle, the Chief Commercial Officer at Australian crypto exchange Caleb & Brown said on CoinDesk TV. While Bitcoin is experiencing some ups and downs around the $30,000 mark, Boyle argues that no major movements are expected until certain key events take place. Stellar, Solana, and Optimism have shown explosive growth following last week\'s XRP news, each for different reasons. "Stellar is regularly associated with XRP... Optimism provides something new, it hasn\'t experienced a dramatic bull market, and it hasn\'t come down 99% from its all-time high," Boyle said. Right now, Boyle is interested in Ethereum as he’s observed a “noticeable increase in buying power against bitcoin.” Story continues “Ethereum is prone to upgrades. It’s prone to community changes,” he said, explaining how it\'s more receptive to news announcements and updates while bitcoin stays relatively constant. “Bitcoin is just bitcoin,” he said. Biggest Gainers Asset Ticker Returns DACS Sector XRP XRP +3.9% Currency Biggest Losers Asset Ticker Returns DACS Sector Gala GALA −6.9% Entertainment Solana SOL −5.9% Smart Contract Platform Polygon MATIC −5.7% Smart Contract Platform Insights Coinbase on the Rise? Ripple\'s partial win last w **Last 60 Days of Bitcoin's Closing Prices:** [27129.59, 26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77, 31156.44, 30777.58, 30514.17, 29909.34, 30342.27, 30292.54, 30171.23, 30414.47, 30620.95, 30391.65, 31476.05, 30334.07, 30295.81, 30249.13, 30145.89, 29856.56] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-07-19 **Financial & Commodity Data:** - Gold Closing Price: $1977.50 - Crude Oil Closing Price: $75.35 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $584,903,781,256 - Hash Rate: 396630963.9979439 - Transaction Count: 480249.0 - Unique Addresses: 745057.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.50 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Boston-based investment giant Fidelity today refiled an application for a Bitcoin spot exchange-traded fund. In a Thursday filing with the U.S. Securities and Exchange Commission, the asset manager said its Wise Bitcoin Trust, a spot Bitcoin ETF, would help American investors avoid risk. "To this point, the lack of a Spot Bitcoin ETP exposes U.S. investor assets to significant risk because investors that would otherwise seek crypto asset exposure through a Spot Bitcoin ETP are forced to find alternative exposure through generally riskier means," Thursday's filing said, adding that investors have previously kept their assets on now collapsed crypto exchange's, such as FTX. The filing comes after the world's biggest asset manager BlackRock filed to the SEC for a Bitcoin ETF earlier this month. Invesco, Wisdom Tree, Valkyrie, and Bitwise have also sent similar applications. An ETF is an investment vehicle that tracks the value of an underlying asset, like gold, foreign currencies, or Bitcoin. A spot Bitcoin ETF doesn't yet exist in the States; many investment firms have applied for one only to face rejection from Wall Street’s top regulator. Fidelity first applied for a Bitcoin ETF but was rejected in 2021. Investors are hungry for such an ETF, experts say, because it would allow them to get involved with Bitcoin without having to deal with complicated things like custody of the asset. The SEC did last week approve the first first leveraged Bitcoin futures ETF. Volatility Shares 2x Bitcoin Strategy ETF (BITX) launched on the Chicago Board Options (CBOE) BZX Exchange on Tuesday. Fidelity has long been involved in the crypto space: last year it the firm, which is also America’s largest provider of 401(k) savings accounts, announced the launch a product that allows workers to save 20% of retirement funds in Bitcoin. And last year the firm also launched two ETFs giving clients exposure to companies in the crypto and metaverse space. Story continues BlackRock Bitcoin ETF Is the ‘Real Deal’—Is This Finally the One? The news that major Wall Street firms are trying to get traditional investors access to Bitcoin has spurred a crypto rally. Bitcoin at the time of writing was trading for $30,498, up 1.9% in the past week. Bitcoin at the start of the year was trading for less than $17,000 per coin. But the world's oldest and biggest digital asset is still well below its November 2021 all-time high of $69,044.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
29792.02, 29908.74, 29771.80, 30084.54, 29176.92, 29227.39, 29354.97, 29210.69, 29319.25, 29356.92
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening: Prices: XRP, XLM have a day in the spotlight. Bitcoin loses $30K. Insights: Ripple\'s partial victory left key questions unsettled. Preston Byrne told CoinDesk TV that lawmakers need to create a "legal regime" that accounts for digital assets\' unique characteristics. Prices CoinDesk Market Index (CMI) 1,260 +5.8 ▲ 0.5% Bitcoin (BTC) $29,917 +30.4 ▲ 0.1% Ethereum (ETH) $1,887 −10.7 ▼ 0.6% S&P 500 4,565.72 +10.7 ▲ 0.2% Gold $1,980 +3.0 ▲ 0.2% Nikkei 225 32,896.03 +402.1 ▲ 1.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,260 +5.8 ▲ 0.5% Bitcoin (BTC) $29,917 +30.4 ▲ 0.1% Ethereum (ETH) $1,887 −10.7 ▼ 0.6% S&P 500 4,565.72 +10.7 ▲ 0.2% Gold $1,980 +3.0 ▲ 0.2% Nikkei 225 32,896.03 +402.1 ▲ 1.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) XLM, XRP Lead Altcoin Rally XLM and XRP led a posse of altcoins out of a price quagmire of the past five days, rising by double-digits and outperforming still-sluggish bitcoin and ether on Wednesday. Blockchain-based payment platform Stellar Lumens\' XLM was recently trading above 15 cents, up 18% over the past 24 hours. The token last hit those lofty heights a week ago when it doubled in price, part of a crypto market surge that followed Ripple\'s partial victory in a long-running legal feud with the Securities and Exchange Commission, before sinking in the ensuing days. At the start of the week, XLM was trading just above 13 cents. Ripple\'s XRP, the third largest crypto by market capitalization, was recently changing hands above 82 cents, up 6.8% from Tuesday, same time. XRP has held most of its gains since last Thursday. The CoinDesk Market Index , a measure of crypto markets performance, was recently trading up 0.5% Markus Levin, co-founder of XYO Network, attributed XRP\'s Wednesday spike to continued excitement about last week\'s U.S. federal court decision, which established that XRP token sales on exchanges and through algorithms did not constitute investment contracts. The ruling has spurred a number of exchanges such as Coinbase, Kraken and Bitstamp to relist XRP, leading to a jump in investments, trading volumes and open interest for futures contracts. Story continues "In short, we’re seeing a return of investors that had previously been spooked by recent regulatory measures," Levin wrote in an email to CoinDesk. ADA and SOL, the native cryptos of smart contracts platforms Cardano and Solana, rose over 6% at certain points, far outstripping bitcoin and ether, which slogged through another dispiriting day of little price movement. Bitcoin was recently trading at $28,877, roughly flat over the previous day. Ether had edged down the better part of a percentage point to trade just below $1,900. Equity markets inched upward for a third consecutive day as investors continued their embrace of encouraging second quarter earnings by major financial services firms even after a 58% plunge in Goldman Sachs profits. The S&P 500 closed up 0.2%. In an email to CoinDesk, Lex Sokolin, managing Partner of Web3 investment fund Generative Ventures, wrote that markets\' lethargy in recent days reflects their cyclical nature. There\'s often "run-ups in anticipation and in response to news, and then a sell-off once the positive news has been incorporated into the price," Sokolin wrote. Crypto is full of momentum and narrative traders, and this pattern persists — "the market animal spirits." Noting multiple market friendly events in recent weeks, including the XRP decision, an improving macroeconomic landscape and BlackRock spot bitcoin ETF filing, he added: "Actually what matters is just the possibility of support." Biggest Gainers Asset Ticker Returns DACS Sector Gala GALA +0.9% Entertainment Biggest Losers Asset Ticker Returns DACS Sector Stellar XLM −4.1% Smart Contract Platform Terra LUNA −1.7% Smart Contract Platform Cardano ADA −1.7% Smart Contract Platform Insights The Need for a Crypto-Specific "Legal Regime" A U.S. federal court\'s decision last Thursday may have offered Ripple a partial win in its ongoing court case against the Securities and Exchange Commission (SEC). But the ruling failed to clarify fundamental issues that would allow Ripple and other crypto organizations with tokens to operate on more solid ground, Preston Byrne, a partner at the law firm Brown Rudnick, told CoinDesk TV\'s "First Mover program on Wednesday. Byrne said the ruling had surprised some lawyers by veering from more than 70 years of precedent following the Howey decision, which determines whether a transaction is a security. Regulators have wrestled with if and how the so-called Howey test should apply to digital assets. "The problem isn\'t that the decision provides certainty for Ripple in this particular litigation," Byrne said. "The reason there\'s uncertainty is because this court has now ruled differently than everyone expected it to, based on 70-80 years of precedent." Byrne added: "So as a consequence, you can\'t be sure where you stand in the United States. Some issuers are going to make the decision to proceed where perhaps they shouldn\'t, and other companies that might wish to proceed, if they had a beter regulatory regime – for example, in the United Kingdom or Europe, which provide a degree of certainty over regulatory treatment of tokens – may not so." The U.S. District Court of the Southern District of New York ruled that the sale of Ripple’s XRP tokens on exchanges and through algorithms did not constitute investment contracts. But the court decided less favorably to Ripple that the institutional sale of the tokens violated federal securities laws. Byrne said that "crypto isn\'t a security in the traditional sense," noting its "self-sovereign nature," and that "people spend it in applications which provide useful software." And he suggested that the U.S. Congress should create regulation that considers these unique characteristics. "We need a legal regime that recognizes that, while also providing enhanced protections for investors, such as regulation of financial promotions and disclosures by issuers, without shoehorning it (crypto) into a securities regime," Byrne said. He continued: "We need a regime which is make for crypto." Important events. EthCC (Paris, France) 9:30 a.m.HKT/SGT(1:30 UTC) Australia Unemployment Rate s.a. (June) 7:30 a.m. HKT/SGT(23:30 UTC) Japan National Consumer Price Index (YoY/June) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Rep. Torres Calls on SEC to Rethink its \'Regulatory Assault\' on Crypto; Bitcoin Price Predictions Rep. Ritchie Torres (D-N.Y.) discussed the future of crypto regulation as the lawmaker calls out the SEC in the wake of the Ripple court ruling. Brown Rudnick partner Preston Byrne argued why the split decision from SEC v. Ripple Labs throws U.S. crypto-token regulation into disarray. And, ProChain Capital president David Tawil shared his crypto markets analysis. Headlines XRP Blockchain Still Faces Centralization Caveats as Ripple Regulatory Threat Recedes : Ripple scored a partial win against the SEC last week in a summary judgment that was celebrated across the crypto industry. Why does the project itself remain so controversial? The GBTC Discount Is Narrowing; Here\'s Why It Matters : The possibility the SEC will approve the conversion of GBTC into an ETF is playing a role, according to analysts. Polygon Mulls Governance Restructure in Polygon 2.0 Roadmap : Developers have proposed an “Ecosystem Council” to push smart contract upgrades, as well as changes to how community-based funding works. StarkWare’s ‘Starknet Stacks’ Could Add to Growing Field of Blockchain-in-a-Box Offerings : The announcement is part of a growing trend in Ethereum’s layer-2 ecosystem, where developers can create application-specific chains using the blockchain’s native software stack. Solana’s Largest Protocol, Marinade, Bets Growth on ‘Native’ SOL Staking Product : Marinade Finance contributors say the new service could appeal to institutional investors.', 'Good morning. Here’s what’s happening:\nPrices:XRP, XLM have a day in the spotlight. Bitcoin loses $30K.\nInsights:Ripple\'s partial victory left key questions unsettled. Preston Byrne told CoinDesk TV that lawmakers need to create a "legal regime" that accounts for digital assets\' unique characteristics.\nCoinDesk Market Index (CMI)\n1,260\n+5.8▲0.5%\nBitcoin (BTC)\n$29,917\n+30.4▲0.1%\nEthereum (ETH)\n$1,887\n−10.7▼0.6%\nS&P 500\n4,565.72\n+10.7▲0.2%\nGold\n$1,980\n+3.0▲0.2%\nNikkei 225\n32,896.03\n+402.1▲1.2%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,260", "+5.8\\u25b20.5%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$29,917", "+30.4\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,887", "\\u221210.7\\u25bc0.6%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,565.72", "+10.7\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,980", "+3.0\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["32,896.03", "+402.1\\u25b21.2%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nXLM, XRP Lead Altcoin Rally\nXLM and XRP led a posse of altcoins out of a price quagmire of the past five days, rising by double-digits and outperforming still-sluggish bitcoin and ether on Wednesday.\nBlockchain-based payment platform Stellar Lumens\' XLM was recently trading above 15 cents, up 18% over the past 24 hours. The token last hit those lofty heights a week ago when it doubled in price, part of a crypto market surge that followed Ripple\'spartial victoryin a long-running legal feud with the Securities and Exchange Commission, before sinking in the ensuing days. At the start of the week, XLM was trading just above 13 cents.\nRipple\'s XRP, the third largest crypto by market capitalization, was recently changing hands abov **Last 60 Days of Bitcoin's Closing Prices:** [26753.83, 26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77, 31156.44, 30777.58, 30514.17, 29909.34, 30342.27, 30292.54, 30171.23, 30414.47, 30620.95, 30391.65, 31476.05, 30334.07, 30295.81, 30249.13, 30145.89, 29856.56, 29913.92] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-07-20 **Financial & Commodity Data:** - Gold Closing Price: $1968.30 - Crude Oil Closing Price: $75.63 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $578,785,359,094 - Hash Rate: 343032185.0793028 - Transaction Count: 400400.0 - Unique Addresses: 685150.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.56 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: For Immediate Release Chicago, IL – July 10, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: PayPal Holdings Inc. PYPL, Block Inc. SQ, Robinhood Markets Inc. HOOD, Coinbase Global Inc. COIN and MicroStrategy Inc. MSTR. Here are highlights from Friday’s Analyst Blog: Focus on These 5 Crypto Stocks for Long-Term Gains The cryptocurrency market regained its lost glory this year. The last year was a disappointing one as the Fed pursued aggressive monetary control with a massive hike in the benchmark lending rate to combat 40-year high inflation. A high interest rate is detrimental to growth assets like technology stocks, consumer discretionary stocks and cryptocurrencies. Tighter monetary control also raised concern that the economy may fall into a recession in the near future. Moreover, a series of unfortunate events — mainly the Terra Luna crash and a major fraud leading to the bankruptcy of FTX — also dented market participants' confidence in digital currency like crypto. The situation reversed this year buoyed by a favorable macro-economic scenario. The Fed reduced the magnitude of interest rate hikes as inflation dropped steadily. Importantly, in spite of facing tighter monetary control in the past one and a half years, the fundamentals of the U.S. economy remain solid. This evaporated the concern of a near-term recession. Finally, the largest thrust for the crypto space has come from institutional investors. BlackRock Inc.'s (BLK) decision to launch a Bitcoin ETF and the decision of The Charles Schwab Corp. (SCHW)-led consortium to create a new crypto exchange called EDX Markets, have attracted several investors toward cryptocurrencies like Bitcoin, Ethereum and Litecoin to name a few. Headwinds Persist Despite the above-mentioned tailwinds, the economy is not completely out of the woods. The Fed paused rate hikes in its June FOMC meeting after 10 consecutive increases. However, Fed Chairman Jerome Powell has warned that more rate hikes are likely this year as inflation remains elevated, much higher than the central bank's 2% target. The minutes of the June FOMC meeting showed that Fed members unanimously opined for more rate hike going forward as the inflation rate remains elevated. The June FOMC dot-plot showed that most members were expecting two more rate hikes of 25 basis points each by the end of this year. Story continues For example, in the initial hours of trading on Jul 6, the price of Bitcoin touched a 13-month high of $31,450, primarily due to soaring demand from institutional investors. However, extremely strong private sector payroll data for June released by Automatic Data Processing, Inc. (ADP) changed the whole scenario. Market participants unanimously infer that a tight labor market — currently the sole concern of the Fed — will compel the central bank to hike rate again. The CME FedWatch is currently showing a 92.5% probability of a 25-basis point interest rate hike in the July FOMC meeting. Consequently, Bitcoin lost its momentum and fell more than 1% from its peak. Long-Term Gains in View At this stage, investors should think from a long-term perspective. Despite more rate hike warnings, the Fed is undoubtedly approaching the end of the higher rate regime. We may not see any rate hike in 2024 and may witness a rate cut at the end of next year if macro-economic data remains favorable. Therefore, investors should accumulate cryptocurrencies using a buy-on-the-dip strategy. Every dip in crypto prices will be a good purchasing point in order to gain handsomely once the Fed's tighter monetary control comes to an end. Our Stock Selection We have narrowed our search to five stocks with solid crypto exposure and strong growth potential. PayPal Holdings Inc. operates digital wallets and allows users to buy, transfer and sell cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash and Litecoin. PYPL's users can check out and pay using crypto to online merchants. PYPL's mobile wallet Venmo also allows users to buy and sell cryptocurrency. PayPal has an expected earnings growth rate of 19.9% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 0.6% over the past 60 days. The stock currently carries a Zacks Rank #3 (Hold). Block Inc. is an online digital and mobile payment platform for consumers and merchants and is the parent company of Square and Cash App. The users of Cash App can buy, sell, send and receive Bitcoin. In addition, SQ's decentralized tbd platform allows developers to build decentralized finance applications to run on programmable blockchains. SQ is also one of the largest Bitcoin investors. Block has an expected earnings growth rate of 69% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 3.7% over the past 60 days. The stock currently carries a Zacks Rank #3. Robinhood Markets Inc. operates a financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds, options, gold, and cryptocurrencies. HOOD buys and sells Bitcoin, Ethereum, Dogecoin, and other cryptocurrencies using its Robinhood Crypto platform. Robinhood Markets has an expected earnings growth rate of 47% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 3.1% over the past 30 days. The stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Coinbase Global Inc. provides financial infrastructure and technology for the crypto economy in the United States and internationally. COIN offers the primary financial account in the crypto space for consumers, a marketplace with a pool of liquidity for transacting in crypto assets for institutions; and technology and services that enable developers to build crypto-based applications and securely accept crypto assets as payment. Coinbase Global has an expected earnings growth rate of 79.1% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 35.4% over the past 60 days. The stock currently carries a Zacks Rank #3. MicroStrategy Inc. currently holds around $4 billion worth of Bitcoins. MSTR provides a unique business model focused on the acquisition and holding of bitcoins. MSTR is the first publicly-traded company to buy Bitcoin and has become an important indirect player for Bitcoin. MicroStrategy has an expected earnings growth rate of more than 100% for the current year. The Zacks Consensus Estimate for current-year earnings has improved more than 100% over the past 90 days. The stock currently carries a Zacks Rank #3. Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 [email protected] https://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss . This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MicroStrategy Incorporated (MSTR) : Free Stock Analysis Report PayPal Holdings, Inc. (PYPL) : Free Stock Analysis Report Block, Inc. (SQ) : Free Stock Analysis Report Coinbase Global, Inc. (COIN) : Free Stock Analysis Report Robinhood Markets, Inc. (HOOD) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research View comments... - Reddit Posts (Sample): []... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
29908.74, 29771.80, 30084.54, 29176.92, 29227.39, 29354.97, 29210.69, 29319.25, 29356.92, 29275.31
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening:\nPrices:Bitcoin slogs below $30K while LINK soars. Other major cryptos spend their day in negative territory.\nInsights:Bitcoin\'s Fear and Greed Index reflects a market that hasn\'t been going anywhere fast for the better part of six weeks.\nCoinDesk Market Index (CMI)\n1,258\n−0.9▼0.1%\nBitcoin (BTC)\n$29,809\n−101.1▼0.3%\nEthereum (ETH)\n$1,892\n+2.9▲0.2%\nS&P 500\n4,534.87\n−30.9▼0.7%\nGold\n$1,975\n−3.0▼0.2%\nNikkei 225\n32,490.52\n−405.5▼1.2%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,258", "\\u22120.9\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$29,809", "\\u2212101.1\\u25bc0.3%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,892", "+2.9\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,534.87", "\\u221230.9\\u25bc0.7%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,975", "\\u22123.0\\u25bc0.2%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["32,490.52", "\\u2212405.5\\u25bc1.2%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nMarkets Remain Sluggish, but Not LINK\nA tumbling tech sector and rising dollar on Thursday kept crypto investors in their recent, rangebound trance.\nBitcoin, the largest cryptocurrency by market capitalization, was recently trading at $29,809, down slightly over the past 24 hours. At one point during the day, BTC dipped perilously near a one-month low set earlier this week near $29,500. More than five weeks after spiking following multiple spot bitcoin ETF filings, bitcoin has been unable to escape the $30,000 to $31,000 range – at least for long.\n“There’s a lot of bearish sentiment on Crypto Twitter about this pullback, but I think the factors behind it are pretty simple," Anthony Georgiades, co-founder of NFT and Web3 blockchain Pastel Network, wrote in an email to CoinDesk.\nGeorgiades noted that the tech sell-off that was at least partly spurred by comments from Tesla founder Elon Musk that the electric car maker might have to reduce prices, and the strengthening dollar, had weighed on "bitcoin and the broader crypto market."\nEther, the second largest crypto in market value, was recently changing hands at $1,892, up a smidgen from Wednesday, same time. Most other major cryptos by market cap spent Thursday slogging into the red with XRP losing some of its big gains from the day before to trade below 80 cents – recently off more than 4%, and ADA and SOL, the tokens of smart contract platforms Cardano and Solana, down nearly as much.\nThe big exception was LINK, the native currency of the Chainlink software platform that connects blockchains with external data. It recently soared by more than 20% to trade above $8 after whales acquired more than $6 million of the token, an apparent reaction to Chainlink\'s release of an interoperability protocol.\nRead More:Chainlink\'s Interoperability Protocol, Connecting Blockchains to ‘Bank Chains,’ Goes Live\nTheCoinDesk Market Index, a measure of crypto markets performance was recently down 0.1%.\nEquity markets were mixed with the Dow Jones Industrial Average continuing a recent winning streak but the Nasdaq plummeting more than 2% on the Tesla news and soft earnings by streaming service Netflix. In a note to CoinDesk, Mark Connors, head of research at Canadian digital asset manager 3iQ, also highlighted missed results by Taiwan Semiconductor, which put "an extra hit on AI stocks." The dollar index tipped downward to continue a recent trend.\nStill, Pastel Network\'s Georgiades was cautiously upbeat about crypto markets. "The underlying sentiment hasn’t changed much since yesterday or the preceding days," he wrote. I know the permabears have been calling for a major selloff, but it seems less likely that this is in the cards.\nHe added: "Monetary conditions are likely to loosen here soon, and that will help serve as a catalyst for risk-on assets.”\n[{"Asset": "Gala", "Ticker": "GALA", "Returns": "+2.4%", "DACS Sector": "Entertainment"}, {"Asset": "Ethereum", "Ticker": "ETH", "Returns": "+0.4%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Cosmos", "Ticker": "ATOM", "Returns": "+0.3%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "Stellar", "Ticker": "XLM", "Returns": "\\u221217.4%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "XRP", "Ticker": "XRP", "Returns": "\\u22126.6%", "DACS Sector": "Currency"}, {"Asset": "Cardano", "Ticker": "ADA", "Returns": "\\u22126.2%", "DACS Sector": "Smart Contract Platform"}]\nFear and Greed Turns Neutral\nTheBitcoin Fear and Greed Indexhas fallen into neutral territory, indicating that investor sentiment for the asset has cooled recently.\nThe metric, derived byAlternative.me, gauges investor sentiment across five distinct factors, and distills them into one number ranging from 0-100. Readings close to 0 indicate extreme fear, while readings closer to 100 indicate extreme greed.\nOften, extreme fear coincides with buying opportunities, as investors are likely behaving too cautiously. Extreme greed can coincide with a market that is overheated.\nThe most recent reading indicates a market that is in flux, with neither bulls or bears willing to take a strong stance in either direction.\nAll told, the reading adds evidence that BTC is poised to trade in a range for the foreseeable future.\nThis article was written and edited by CoinDesk journalists with the sole purpose of informing the reader with accurate information. If you click on a link from Glassnode, CoinDesk may earn a commission. For more, see ourEthics Policy.\nETHGlobal Paris (France)\n2:00 p.m. HKT/SGT(6:00 UTC)United Kingdom Retail Sales (MoM/June)\n8:30 p.m. HKT/SGT(12:30 UTC)Canada Retail Sales (MoM/May)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nSEC\'s Gensler Grilled by Lawmakers; Spot Bitcoin ETFs Could Bring $30B in New Demand: NYDIG\nBitcoin spot-based ETFs could bring $30 billion in new demand for the world’s largest digital asset, according to NYDIG. Howard Fischer, Moses Singer partner and former SEC senior trial counsel shared his outlook on crypto regulation in the U.S. as SEC chair Gary Gensler faces questioning from lawmakers. Futureverse founder Aaron McDonald discussed his metaverse startup\'s latest funding round. And,StockCharts.com\'s Julius de Kempenaer shared his crypto markets analysis.\nCoinbase to Wind Down Lending Program Over Coming Months:The exchange is requiring Coinbase Borrow customers with outstanding loan balances to pay them back by November 20.\nTokenized: This Week in Real-World Assets:A weekly digest of articles, reports and analyses about tokenized RWAs, the fast-growing financial instruments that merge traditional finance to the blockchain.\nMacro State of Crypto – Where It Has Been and What\'s Next:Analytics can offer insight into how recent and past crypto and regulatory events have affected prices and movement. Plus: A quick Q&A on retirement funds.\nChainlink’s LINK Climbs as Whales Add to Holdings Following Protocol Release:The CCIP protocol is designed to help build cross-chain applications and services and went live for early access users on the Avalanche, Ethereum, Optimism and Polygon blockchains this week.', 'Good morning. Here’s what’s happening: Prices: Bitcoin slogs below $30K while LINK soars. Other major cryptos spend their day in negative territory. Insights: Bitcoin\'s Fear and Greed Index reflects a market that hasn\'t been going anywhere fast for the better part of six weeks. Prices CoinDesk Market Index (CMI) 1,258 −0.9 ▼ 0.1% Bitcoin (BTC) $29,809 −101.1 ▼ 0.3% Ethereum (ETH) $1,892 +2.9 ▲ 0.2% S&P 500 4,534.87 −30.9 ▼ 0.7% Gold $1,975 −3.0 ▼ 0.2% Nikkei 225 32,490.52 −405.5 ▼ 1.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,258 −0.9 ▼ 0.1% Bitcoin (BTC) $29,809 −101.1 ▼ 0.3% Ethereum (ETH) $1,892 +2.9 ▲ 0.2% S&P 500 4,534.87 −30.9 ▼ 0.7% Gold $1,975 −3.0 ▼ 0.2% Nikkei 225 32,490.52 −405.5 ▼ 1.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Markets Remain Sluggish, but Not LINK A tumbling tech sector and rising dollar on Thursday kept crypto investors in their recent, rangebound trance. Bitcoin, the largest cryptocurrency by market capitalization, was recently trading at $29,809, down slightly over the past 24 hours. At one point during the day, BTC dipped perilously near a one-month low set earlier this week near $29,500. More than five weeks after spiking following multiple spot bitcoin ETF filings, bitcoin has been unable to escape the $30,000 to $31,000 range – at least for long. “There’s a lot of bearish sentiment on Crypto Twitter about this pullback, but I think the factors behind it are pretty simple," Anthony Georgiades, co-founder of NFT and Web3 blockchain Pastel Network, wrote in an email to CoinDesk. Georgiades noted that the tech sell-off that was at least partly spurred by comments from Tesla founder Elon Musk that the electric car maker might have to reduce prices, and the strengthening dollar, had weighed on "bitcoin and the broader crypto market." Ether, the second largest crypto in market value, was recently changing hands at $1,892, up a smidgen from Wednesday, same time. Most other major cryptos by market cap spent Thursday slogging into the red with XRP losing some of its big gains from the day before to trade below 80 cents – recently off more than 4%, and ADA and SOL, the tokens of smart contract platforms Cardano and Solana, down nearly as much. Story continues The big exception was LINK, the native currency of the Chainlink software platform that connects blockchains with external data. It recently soared by more than 20% to trade above $8 after whales acquired more than $6 million of the token, an apparent reaction to Chainlink\'s release of an interoperability protocol. Read More: Chainlink\'s Interoperability Protocol, Connecting Block **Last 60 Days of Bitcoin's Closing Prices:** [26851.28, 27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77, 31156.44, 30777.58, 30514.17, 29909.34, 30342.27, 30292.54, 30171.23, 30414.47, 30620.95, 30391.65, 31476.05, 30334.07, 30295.81, 30249.13, 30145.89, 29856.56, 29913.92, 29792.02] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-07-21 **Financial & Commodity Data:** - Gold Closing Price: $1964.30 - Crude Oil Closing Price: $77.07 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $581,470,728,038 - Hash Rate: 300153161.94439 - Transaction Count: 323847.0 - Unique Addresses: 657357.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.50 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: BlackRock CEO Larry Fink'schange of hearton bitcoin (BTC) could make it easier for fellow Wall Street executives to embrace cryptocurrencies, but some experts warn that his favored financial instrument – the exchange-traded fund, or ETF – is an investment vehicle that's categorically different from the original ideals of digital assets and could push the industry in the wrong direction. The key distinction is that anETF is simply a traditional investment vehicle, with bitcoin as the asset, but traded on a regulated stock exchange, via regulated brokers. Such structures might be anathema to Bitcoin, designed and thenlaunched in 2009 by a pseudonymous creator– partly as a backlash against the Wall Street excesses that fueled the global financial crisis a year earlier – as an internet-based, peer-to-peer payments network that would be free from government control. So the reception from the crypto faithful might be mixed, even if Fink’s newfound fondness might have helped to support the recent rally in bitcoin’s price, now up 82% year-to-date. “Crypto is losing the plot,” said Jim Bianco, president of Bianco Research. “It is supposed to be about decentralization, permissionless and self-sovereignty. Getting excited that it is going to become a more accessible poker chip is nice and will help degens in the short term, but it will not help to fulfill the real promise of crypto.” Fink, who until this week was known to be a skeptic of crypto and at one point called bitcoin “an index of money laundering,” said on Wednesday that it could “revolutionize finance.” However, rather than praising the core idea behind the newly-built digital asset market, mainlydecentralization, Fink said that the asset manager’s main goal was to make it easier and cheaper to trade and invest in bitcoin. Some industry experts worried whether BlackRock might be in it for the wrong reasons. “Arguments have been made that ETFs, as well as bitcoin exchanges, ignore what some believe is the single most important feature of bitcoin, the ability to control their funds without the need to place trust in a third-party to manage the asset,” said Jim Iourio, managing director of TJM Institutional Services and a veteran futures and options trader. “This flies in the face of Bitcoin’s entire point of existence.” Crypto was built on the idea that money shouldn't have to be tied to a third-party or middlemen, such as banks or even governments, and is therefore immune to manipulation of any sort. When it comes to ETFs, the provider (in this case BlackRock, if it wins regulatory approval to launch the product) owns the underlying asset and sells shares of the fund to investors. It works in a way that crypto was built to change. “So-called mainstream adoption will bring waves of new entrants to bitcoin, and the risk is that they won’t care, and won’t protect the decentralization properties that make it valuable over centralized alternatives in the first place,” Alex Thorn, head of research at the digital-asset financial firm Galaxy, wrote this week in a report. Nevertheless, when the leader of the biggest asset manager in the world openly admits that, contrary to his opinion a few years ago, he now sees bitcoin as “digitizing gold,” it can’t be all so negative – at least for now. Validation from people like Fink could help withmass adoption, further ingraining bitcoin in mainstream usage and public consciousness. Paul McCaffery, managing director at boutique investment firm Keefe Bruyette & Woods, or KBW, said he believed Fink's embrace could pave the way for other Wall Street investors to express comfort with Bitcoin, and allocate more money to the cryptocurrency. “It’s a game-changer," he said. "His commentary was not about this being a good economic decision for BlackRock but rather about the promise of digital wealth.”... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
29771.80, 30084.54, 29176.92, 29227.39, 29354.97, 29210.69, 29319.25, 29356.92, 29275.31, 29230.11
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['• US stocks traded mixed Friday, with the Dow capping off a 10-day winning streak.\n• It\'s the longest run of gains for the index since August 2017.\n• Next week investors will be watching big earnings from Microsoft and Meta, as well as a Fed meeting.\nUS stocks traded mixed on Friday, with the Dow Jones Industrial Average eking out a gain to cap off a 10-day winning streak, its longest stretch in the green since August 2017.\nTo close the week, American Express, oil firm Schlumberger, and advertising company Interpublic Group all reported earnings. More than 70% of the companies that have reported so far have beat expectations, according to FactSet data.\nMeanwhile, investors will be watching to see what policymakers announce at next week\'s Federal Reserve meeting. Many strategists expect a 0.25% interest rate hike, following last month\'s "skip."\nA quarter-point hike to the 5.25%-5.50% range would "more than likely mark the end of a historic tightening cycle," EY Chief Economist Gregory Daco wrote in a note Friday. "But those expecting a fanfare will be disappointed as the Fed will make every (too many) efforts to sound as hawkish as tolerable for financial markets, to avoid an undesired easing of financial conditions."\nHere\'s where US indexes stood as the market closed 4:00 p.m. on Friday:\n• S&P 500:4,536.32, up 0.03%\n• Dow Jones Industrial Average:35,228.48, up 0.01% (3.30 points)\n• Nasdaq Composite:14,032.81, down 0.22%\nHere\'s what else is going on:\n• One of Wall Street\'s favorite chipmakers hasseen its value tumble this week.\n• There are three ways the Barbie movie coulddrive upsidefor Mattel stock.\n• Robert Shiller says thedecade-long rally in home prices could endwhen the Fed stops its hiking cycle.\n• There are signs thathousing could see some good news on the horizon.\n• These indicators suggestthe stock market isn\'t as stretched as it might seem.\n• \'Shark Tank\' star Kevin O\'Learysounded off on Bidenomics and the S&P 500.\nIn commodities, bonds, and crypto:\n• Oil prices climbed, withWest Texas Intermediateup 1.7% to $76.92 a barrel.Brent crude, the international benchmark, inched higher 1.6% to $80.88 a barrel.\n• Goldedged lower 0.3% to $1,964.20 per ounce.\n• The10-year Treasury yielddipped one basis points to 3.835%\n• Bitcoinmoved higher 0.48% to $29,865.73\nRead the original article onBusiness Insider', 'Traders work on the floor of the New York Stock Exchange (NYSE) on March 28, 2023 in New York City. Traders work on the floor of the New York Stock Exchange (NYSE) on March 28, 2023 in New York City. Spencer Platt/Getty Images US stocks traded mixed Friday, with the Dow capping off a 10-day winning streak. It\'s the longest run of gains for the index since August 2017. Next week investors will be watching big earnings from Microsoft and Meta, as well as a Fed meeting. US stocks traded mixed on Friday, with the Dow Jones Industrial Average eking out a gain to cap off a 10-day winning streak, its longest stretch in the green since August 2017. To close the week, American Express, oil firm Schlumberger, and advertising company Interpublic Group all reported earnings. More than 70% of the companies that have reported so far have beat expectations, according to FactSet data. Meanwhile, investors will be watching to see what policymakers announce at next week\'s Federal Reserve meeting. Many strategists expect a 0.25% interest rate hike, following last month\'s "skip." A quarter-point hike to the 5.25%-5.50% range would "more than likely mark the end of a historic tightening cycle," EY Chief Economist Gregory Daco wrote in a note Friday. "But those expecting a fanfare will be disappointed as the Fed will make every (too many) efforts to sound as hawkish as tolerable for financial markets, to avoid an undesired easing of financial conditions." Here\'s where US indexes stood as the market closed 4:00 p.m. on Friday: S&P 500 : 4,536.32, up 0.03% Dow Jones Industrial Average : 35,228.48, up 0.01% (3.30 points) Nasdaq Composite : 14,032.81, down 0.22% Here\'s what else is going on: One of Wall Street\'s favorite chipmakers has seen its value tumble this week. There are three ways the Barbie movie could drive upside for Mattel stock. Robert Shiller says the decade-long rally in home prices could end when the Fed stops its hiking cycle. There are signs that housing could see some good news on the horizon. These indicators suggest the stock market isn\'t as stretched as it might seem. \'Shark Tank\' star Kevin O\'Leary sounded off on Bidenomics and the S&P 500. Story continues In commodities, bonds, and crypto: Oil prices climbed, with West Texas Intermediate up 1.7% to $76.92 a barrel. Brent crude , the international benchmark, inched higher 1.6% to $80.88 a barrel. Gold edged lower 0.3% to $1,964.20 per ounce. The 10-year Treasury yield dipped one basis points to 3.835% Bitcoin moved higher 0.48% to $29,865.73 Read the original article on Business Insider', 'Last week’s blisteringaltcoin rallytapered off this week as Chainlink, XRP, XLM, Stellar and TRX were the only coins to post any notable gains over the last seven days.\nBitcoin (BTC) and Ethereum (ETH) entered the weekend slightly lower than they did this time last week.\nBitcoin dropped 1.5% to its current price of $29,869, according toCoinGecko. Meanwhile, the world’s second favorite coin, ETH, dropped 2.5% to trade at $1,888 at the time of writing.\nThe steepest pullbacks among leading currencies this week were from Solana (SOL), which dropped 9.8% to $25.68, and Avalanche (AVAX), which shed 8.1% to $13.77.\nSeveral altcoins appreciated; notably, Toncoin (TON) grew 8.3% to $1.46, Stellar (XLM) blew up 23% to $0.163126, and Chainlink (LINK) rallied 15% to $7.98.\nChainlink began its rally on Monday with the launch of itsCross-Chain Interoperability Protocol(CCIP) on its mainnet. The protocol currently supportsAvalanche,Ethereum,OptimismandPolygonnetworks. It is also integrated with DeFi lending protocolsAaveandSynthetix. Chainlink says it is as anonramp for TradFi institutionsto get into tokenized digital assets.\nOn Monday, G20 watchdog the Financial Stability Board issuednine top-level recommendationsfor regulators on overseeing crypto companies and markets. It also issued revised recommendations on the oversight ofstablecoins.\nThe recommendations are designed to prevent crypto crashes on the scale of FTX and Terra incorporate feedback from the FSB’s public consultation on the topic, including calls for cross-border cooperation between regulators, governance requirements for crypto issuers, and mandatory disclosures for the industry.\nThe following day, the U.S. Securities and Exchange Commission accepted Valkyrie’s Bitcoin Spot ETF proposalfor official review. This is the second spot ETF application that has moved to the next round, following asset manager titan BlackRock’s on July 13.\nExchange operator Nasdaq on Wednesday said it wasdelaying plansto launch a digital assets custodian service.Nasdaq CEO Adena Friedman said, “Considering the shifting business and regulatory environment in the U.S., we’ve made the decision to halt our launch of the U.S. digital assets custodian business and our related efforts to pursue a relevant license.”\nShe added the company would “remain committed to supporting the evolution of the digital asset ecosystem.”\nThat day, a bipartisan group of Senatorsintroduced a billthat would require decentralized finance (DeFi) services to abide by the same compliance rules as financial firms like banks and centralized crypto exchanges, in a bid to reign in “criminals, drug traffickers, and hostile state actors such as North Korea.”\nOn Thursday, the UK Treasuryrejecteda House of Commons Treasury Committeerecommendationto classify crypto trading as gambling, stating that it "firmly disagrees" with it.\nFinally, on Friday, Republican lawmakers in Washingtonintroduced a 212-page billentitled the Financial Innovation and Technology for the 21st Century Act. The bill aims to bring clarity and a “much-needed regulatory framework.”\nThe act includes a pathway for blockchains to be certified as decentralized. The SEC would have an opportunity to push back against assertions made by token issuers that their projects meet the standard outlined in the act. It also seeks to establish a disclosure regime for the transparency and compliance of digital asset issuers.', 'Last week’s blisteringaltcoin rallytapered off this week as Chainlink, XRP, XLM, Stellar and TRX were the only coins to post any notable gains over the last seven days.\nBitcoin (BTC) and Ethereum (ETH) entered the weekend slightly lower than they did this time last week.\nBitcoin dropped 1.5% to its current price of $29,869, according toCoinGecko. Meanwhile, the world’s second favorite coin, ETH, dropped 2.5% to trade at $1,888 at the time of writing.\nThe steepest pullbacks among leading currencies this week were from Solana (SOL), which dropped 9.8% to $25.68, and Avalanche (AVAX), which shed 8.1% to $13.77.\nSeveral altcoins appreciated; notably, Toncoin (TON) grew 8.3% to $1.46, Stellar (XLM) blew up 23% to $0.163126, and Chainlink (LINK) rallied 15% to $7.98.\nChainlink began its rally on Monday with the launch of itsCross-Chain Interoperability Protocol(CCIP) on its mainnet. The protocol currently supportsAvalanche,Ethereum,OptimismandPolygonnetworks. It is also integrated with DeFi lending protocolsAaveandSynthetix. Chainlink says it is as anonramp for TradFi institutionsto get into tokenized digital assets.\nOn Monday, G20 watchdog the Financial Stability Board issuednine top-level recommendationsfor regulators on overseeing crypto companies and markets. It also issued revised recommendations on the oversight ofstablecoins.\nThe recommendations are designed to prevent crypto crashes on the scale of FTX and Terra incorporate feedback from the FSB’s public consultation on the topic, including calls for cross-border cooperation between regulato **Last 60 Days of Bitcoin's Closing Prices:** [27225.73, 26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77, 31156.44, 30777.58, 30514.17, 29909.34, 30342.27, 30292.54, 30171.23, 30414.47, 30620.95, 30391.65, 31476.05, 30334.07, 30295.81, 30249.13, 30145.89, 29856.56, 29913.92, 29792.02, 29908.74] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-07-22 **Financial & Commodity Data:** - Gold Closing Price: $1964.30 - Crude Oil Closing Price: $77.07 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $579,996,949,744 - Hash Rate: 359111818.75489503 - Transaction Count: 288750.0 - Unique Addresses: 556589.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.52 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Binance has responded to the U.S. Securities and Exchange Commission’s lawsuit by calling the regulator “unreasonable” and claiming it is using “blunt weapons of enforcement.” The SEC today filed 13 civil charges against Binance—the world’s biggest cryptocurrency exchange—and its CEO Changpeng Zhao for allegedly breaking U.S. securities rules. Via court documents and a press release, the American regulator alleged that the behemoth crypto company deliberately ignored U.S. securities laws and put clients’ money at risk in order to profit. In response, Binance said it was “disheartened” by the SEC’s actions. “Unfortunately, the SEC’s refusal to productively engage with us is just another example of the Commission’s misguided and conscious refusal to provide much-needed clarity and guidance to the digital asset industry,” the company said in a statement. It added that the SEC’s moves “undermine America’s role as a global hub for financial innovation and leadership.” Binance Shuffles Billions of Bitcoin—And Rushes to Reassure Customers The comments echo the stance of several U.S. lawmakers—especially Republicans—who claim that the regulator is coming down too hard on the digital asset industry. Following the collapse of mega exchange FTX in November, American regulators have aggressively pursued major crypto brands to enforce compliance. This year alone, the SEC has gone after U.S. crypto exchanges Kraken , Bittrex , and Coinbase for allegedly selling unregistered securities. Binance added in an email to Decrypt that “user assets on Binance.US are safe; to insinuate otherwise is irresponsible, damaging to investors, and an abuse of the judicial process.” Binance’s native BNB token plunged on the news of the SEC lawsuit—at the time of writing it was one of the worst performing major cryptocurrencies, down nearly 10% in 24 hours, trading for $276.54. Binance.US is an American exchange for U.S. citizens that uses the Binance logo but is run independently, according to Binance. But the SEC today alleged that “Zhao and Binance secretly controlled the Binance.US platform’s operations behind the scenes.”... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
30084.54, 29176.92, 29227.39, 29354.97, 29210.69, 29319.25, 29356.92, 29275.31, 29230.11, 29675.73
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Public blockchains have been touted as cure-alls by enthusiasts over the last decade. Promoters have promised faster securities settlement, decentralized social media, instant payments, cheaper remittances, and everything in between. And indeed, these benefits may come in time. But there’s one domain in which blockchains clearly outperform their traditional counterparts today: accounting. Blockchains track debits and credits to accounts on a ledger, just like an ordinary accounting system, but in a real-time, transparent, and immutable fashion (once transfers are settled). The existence of any asset that resides on a blockchain—whether a tokenized security, or a digital commodity like Bitcoin—is fully verifiable at any time by anyone with an internet connection. The entire supply of Bitcoin, down to the tiniest unit—one satoshi—can be verified in real time by anyone running a node. What’s more, any entity can prove mathematically to any third party that they own a digital asset via a cryptographic signature, without the need for any guarantor. This isn’t the case for traditional assets or commodities, which rely on a network of intermediaries to attest to their existence. In practice, this means financial assets end up concentrated in large custodians, like the DTC with equities, or gold with organizations like the LBMA. The high cost of auditability for conventional assets tends to have a concentrating effect. This remarkable auditability property of digital assets has enabled crypto platforms to build attestation tools enabling end users to verify that their assets are actually being held in reserve, and don’t simply exist on someone else’s ledger, subject to error or fraud. And these tools are long overdue. For as long as crypto exchanges and custodians have existed, they have let down their users with a series of spectacular failures—one crisis after the next from Mt. Gox to Bitfinex to Quadriga to FTX and, most recently, Prime Trust . Those of us who believe in the promise of digital assets are fed up with this grim status quo and have begun to demand more transparency from the exchanges we all rely on. Story continues As a result, exchanges and custodial platforms today are coalescing around a simple idea: What if these platforms could indisputably prove to users that they control funds held for users? This is known in the industry as a proof of reserve, or PoR. The concept has existed in the digital asset context for around a decade, and it has been continually refined ever since. Effectively, it involves a custodial platform providing signatures attesting to their unique ownership over some digital assets on-chain, combined with a disclosure of client liabilities. By publishing these datasets, and giving end users—and even interested onlookers—the option to actually verify that a given liability corresponds to some assets, clients can gain strong assurances that the platform is sound. Legislative initiatives both at the state and federal level have focused on asking exchanges to segregate client and operating capital, and to give clients assurances in the case of platform liquidation or bankruptcy. This is necessary, but only part of the solution. Prime Trust, which recently revealed it had lost $82 million in client assets and hid those losses for years, was a Nevada Trust company. The architecture of the Trust Charter, ironclad from a legal perspective, unfortunately did little to reveal the loss of assets. A monthly—or even higher frequency—attestation, as is the standard with PoR, would have forced divulging the loss when it first occurred, because Prime Trust would not have been able to provide valid signatures for user funds held. This would have also been the case with Mt. Gox, Quadrigra, and FTX. These were all drawn out insolvencies, concealed for months if not years. An exchange engaging in PoR attestations isn’t immune from losing customer funds or being hacked, but the PoR does reveal these losses when they occur, limiting further fallout. In the wake of FTX, PoR is now being voluntarily adopted across the industry. Many of the largest exchanges worldwide, including Kraken, Binance, Bitmex, Derebit, Kucoin, and OKX, now conduct these attestations with frequency, covering tens of billions of dollars in client assets. Lawmakers in the U.S. and abroad have begun to recognize the importance of PoR. In March, Texas passed the landmark HB1666 , which requires firms with money transmitter licenses to carry out PoRs, starting in September. At the federal level, Sens. Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) included in their reintroduced Responsible Financial Innovation Act mandatory PoR and a request for PCAOB to standardize the procedure. Since 2021, Wyoming has made reference to proof of reserve in the state's Digital Asset Custody Framework. Dubai (see Reserve Assets) and Singapore (see Regulation 16C(11)) have also made reference to similar on- and off-chain reconciliations in recent guidance. Canada has recommended since 2021 that exchanges engage in PoR as a best practice. Bermuda, which is distinguishing itself as a premier crypto-focused regulator, has maintained an explicit reference to proof of reserve in its Digital Assets Custody Code of Practice since 2019. PoR is neither new nor limited in its reach to a handful of enthusiasts. It has existed for years and has already been embraced by regulators worldwide. That doesn't mean PoR is without its critics. Sens. Elizabeth Warren (D-Mass.) and Ron Wyden (D-Ore.) have engaged in a campaign of harassment leveled at auditors who service crypto firms. They aim to stymie the crypto space by stripping it of CPA firm services, which are necessary for platforms operating in compliance with MTLs and similar regulatory regimes. In a recent letter to the PCAOB, they attacked PoR and called it a “sham audit.” The PCAOB duly released an advisory letter warning investors about PoR attestations. Frightening audit firms away from a fit-for-purpose form of assurance is the opposite of what a reasonable accounting regulator should do. For its part, the AICPA has demurred on issuing any guidance on PoR even though it's progressing on stablecoin attestation standards. This uncertainty has had the effect of leaving most CPA firms unwilling to supervise these procedures. We in the industry are pushing for more sunlight, but some lawmakers in Washington aim to leave us in the dark. The standard critiques of PoR have largely been addressed. PoR is not contemplated as a substitute for standard audit types but rather as a complement. Mindful of this, the Texas legislation blends traditional and crypto-native assurance, asking for PoRs but also for CPAs to supervise them. Specialist CPA firms have emerged with expertise in overseeing these procedures. Traditional assurance is fine, but it’s no substitute for a high-frequency proof to end users that custodians have their funds. And while early PoRs ran the risk of leaking client data, innovations—such as zero-knowledge proofs —allow PoRs to be done safely. We are not asking crypto exchanges to be held to a different standard from conventional custodians. In fact, a frequent proof-of-reserve attestation provides far more transparency than conventional custodians can offer. It’s not a substitute to standard audits but rather a more narrow complement—it enhances conventional audits. Together, the two provide a level of assurance not otherwise attainable. We ask simply that Washington stop undermining the industry’s efforts to clean itself up, recognize the validity of PoR, and facilitate its proliferation across the industry. Lawmakers should encourage the accounting standards setting bodies, like the FASB or the PCAOB, to ratify industry efforts around PoR so audit firms feel empowered to supervise them. And they should recognize the good work that custodians are already doing to make themselves more transparent and accountable. The crypto industry is working hard to gain back trust. If PoR becomes widespread and standardized, we will exceed the level of assurance that custodians can offer with traditional assets. This is a worthy goal, and one that Washington should support. Nic Carter is the cofounder of blockchain-focused investment firm Castle Island Ventures and the cofounder of blockchain data company Coin Metrics. The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune . This story was originally featured on Fortune.com More from Fortune: 5 side hustles where you may earn over $20,000 per year—all while working from home Looking to make extra cash? This CD has a 5.15% APY right now Buying a house? Here's how much to save This is how much money you need to earn annually to comfortably buy a $600,000 home", "Public blockchains have been touted as cure-alls by enthusiasts over the last decade. Promoters have promised faster securities settlement, decentralized social media, instant payments, cheaper remittances, and everything in between. And indeed, these benefits may come in time. But there’s one domain in which blockchains clearly outperform their traditional counterparts today: accounting.\nBlockchains track debits and credits to accounts on a ledger, just like an ordinary accounting system, but in a real-time, transparent, and immutable fashion (once transfers are settled). The existence of any asset that resides on a blockchain—whether a tokenized security, or a digital commodity like Bitcoin—is fully verifiable at any time by anyone with an internet connection. The entire supply of Bitcoin, down to the tiniest unit—one satoshi—can be verified in real time by anyone running a node. What’s more, any entity can prove mathematically to any third party that they own a digital asset via a cryptographic signature, without the need for any guarantor. This isn’t the case for traditional assets or **Last 60 Days of Bitcoin's Closing Prices:** [26334.82, 26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77, 31156.44, 30777.58, 30514.17, 29909.34, 30342.27, 30292.54, 30171.23, 30414.47, 30620.95, 30391.65, 31476.05, 30334.07, 30295.81, 30249.13, 30145.89, 29856.56, 29913.92, 29792.02, 29908.74, 29771.80] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-07-23 **Financial & Commodity Data:** - Gold Closing Price: $1964.30 - Crude Oil Closing Price: $77.07 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $582,080,026,169 - Hash Rate: 393951025.0520118 - Transaction Count: 559624.0 - Unique Addresses: 691587.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.54 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Epazz, Inc. CHICAGO, IL, July 19, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Epazz Inc. (OTC Pink: EPAZ), a mission-critical provider of drone technology, blockchain cryptocurrency mobile apps and cloud-based business software solutions, announced today that CryObo Technology would help farmers tokenize their crops through the issuance of NFT tokens in order to earn extra revenue. The recent court decision in favor of Ripple allows US Farmers to take advantage of CrybObo technology. Users of CrybObo will not need to file a registration statement for their tokens. The company will issue tokens for customers in accordance of the Court Decision. The company has been working on CryObo software which enables the tokenization of farm crops and produce. It allows farmers to raise capital immediately based on achieving future milestones and lets token holders evaluate the earned income of the token. It will enable industries to gain additional funding to spend on crop production. Tokenization of farm produce through CryObo Technology can help food security by providing farmers the additional funding to invest in improving crop and farm practices. With the help of the ZenaDrone 1000 technology, the unmanned aerial vehicle can scan the field and record the accurate and actual health of the crops so farmers can monitor and more accurately predict potential harvest yield. In addition, it will allow farmers to make potential adjustments to irrigation, fertilization, and weed control during the growing season. The NFT Tokens expand the market, and provide the opportunity to reach farm owners, plantation associations, and agricultural business investors. Token holders will get a share in the income generated from the tokenization of crop production and produce. Epazz CryObo technology will also use solar power for sustainable Bitcoin mining and NFT tokens for farmland tokenization. The company supports sustainable energy sources by creating a cooling technology to control the underground servers' temperature. Story continues Shaun Passley, Ph.D., Epazz Inc. CEO, and Chairman, said, "Forward cash contracts have been used in the farming business for decades. We are essentially integrating ZenaDrone technology with the CryObo tokenization system to achieve a transparent open ledger digitization of these forward cash contracts which facilitates expanded access to farm investing." About CryObo Inc. CryObo Inc. will enhance its software to give early-access companies backed by tangible assets an easy way to access the token markets. The company's platform will change how people transact real estate, digital assets, crops, and raw materials by allowing companies to access the future value of their assets. The growth of Bitcoin and other cryptocurrencies brings new regulations for large financial service companies, which will require a smart solution to manage their growing portfolios. About Epazz Inc. ( www.epazz.com ) Epazz Inc. is a leading cloud-based software company that provides customized cloud applications to the corporate world, higher-education institutions, and the public sector. Epazz BoxesOS v3.0 is the complete business web-based software package for small to midsize businesses, Fortune 500 enterprises, government agencies, and higher education institutions. BoxesOS provides a combination of many web-based applications that an organization would otherwise need to purchase separately. Epazz's other products are DeskFlex ( room scheduling software ) and Provitrac ( applicant-tracking system ). SAFE HARBOR The "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the use of forward-looking languages, such as "may"; "expect"; "intend"; "estimate"; "anticipate"; "believe"; "continue"; the negative thereof or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause the actual results to differ materially from future results or those implied by such forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance, and actual results may differ materially from those contemplated by such forward-looking statements. Epazz Inc. assumes no obligation and has no intention of updating forward-looking statements. It has no obligation to update or correct information prepared by third parties that are not paid for by Epazz Inc. Investors are encouraged to review Epazz Inc.'s public filings on SEC.gov and otcmarkets.com , including its unaudited and audited financial statements and OTC Markets filings, which contain general business information about the company's results, and risks associated with the company and its operations. Contact For more information, please contact Investor Relations [email protected] 312-955-8161 www.epazz.com... - Reddit Posts (Sample): []... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
29176.92, 29227.39, 29354.97, 29210.69, 29319.25, 29356.92, 29275.31, 29230.11, 29675.73, 29151.96
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin rose in early Monday morning trading in Asia to reclaim the US$30,000 support level, but later retreated. Ether moved higher to near US$1,900, while most other top 10 non-stablecoin cryptocurrencies logged gains. Cardano’s ADA token led the winners. In other markets, NFTs traded flat, while U.S. equity futures did the same. The week ahead brings lots more earnings in the U.S. for investors to get a picture of the state of the economy, while the Federal Reserve has a two-day meeting where it’s expected to raise interest rates.\nBitcoin rose 1.33% over the 24 hours to US$30,059 as of 07:30 a.m. in Hong Kong, according todatafrom CoinMarketCap. Ether gained 1.73% to US$1,887.\nHowever, both tokens have yet tomake up lossesfor the past seven days, with Bitcoin off 0.37% for the week, while Ether is sitting on a weekly loss of 1.73%.\xa0Bitcoin fell back later in the morning.\nTrading in Bitcoin and Ether will remain rangebound until the Fed decision on rates on July 27, Mark Wong, senior trader at Hong Kong-based digital asset platform Hashkey Group, said in a Friday newsletter. “A rate hike is all but priced in with an implied probability of 99.8% from the futures market,” Wong said.\nMost other top 10 non-stablecoin cryptocurrencies also traded higher Monday, with Cardano’s ADA token leading the winners with a gain of 3.01% to US$0.3169 and up 0.59% for the week.\nInput Output Global, one of the developers behind the Cardano blockchain, last week saidMithril– a Cardano stake-based signature scheme – was nearing its mainnet launch to improve the node syncing and security of the Cardano network.\nOn the regulatory front, a portion of the court’s recent verdict in theRipple casewas “wrongly decided,”saidthe U.S. Securities and Exchange Commission (SEC) on Friday in documents filed in its on-going lawsuit against Singapore-based Terraform Labs, hinting that the SEC would challenge the Ripple ruling.\nThe SEC in FebruarychargedSingapore-based Terraform Labs Pte and its co-founder Do Hyeong Kwon with orchestrating a multi-billion dollar crypto asset securities fraud involving an algorithmic stablecoin and other crypto asset securities.\nThe total crypto market capitalization rose 1.14% in the past 24 hours to US$1.20 trillion, while trading volume rose 13.56% to US$24.5 billion.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nThe mainForkast 500 NFT indexedged up 0.08% in the past 24 hours to 2,674.69 as of 10:10 a.m. in Hong Kong. Forkast’s Ethereum, Solana and Polygon NFT market indices moved lower, while the Cardano index logged gains.\nTotal NFT sales volume rose 1.30% in the past 24 hours to US$17.24 million, according to data fromCryptoSlam, with the volume on Ethereum totaling US$12.02 million or more than two thirds of the total.\nAmong all NFT collections, Ethereum-based Bored Ape Yacht Club topped the 24-hour sales volume at US$1.60 million, edging up 1.19%. Volumes traded mixed in the top five NFT collections.\nOpenSea, the world’s second-largest NFT marketplace by trading volume,launchedits “Deals” function on Friday, which allows its NFT holders to directly swap their collections with each other and include wrapped Ether (WETH) in their offers to sweeten up the transactions.\nElsewhere, the slump in value of Twitter Co-Founder Jack Dorsey’s first NFT caught the attention of mainstream media includingCNBCandthe Economic Timeson Sunday. The NFT, based on Dorsey’s first Twitter post, sold at over US$2.1 million in 2021, but the highest offer for the NFT is now 1 ETH (US$1,875), according toOpenSea.\n“The NFT market is looking rather flat in the Forkast 500 index, (which) reflects that continued downtrend we’ve been watching most of the year,” Yehudah Petscher, NFT Strategist at Forkast Labs,saidon Friday. The Forkast 500 NFT index has dropped over 35% since the start of the year.\n“With the exception of January, the market almost completely slants right,” said Petscher.\nU.S. stock futurestradedmixed as of 12:30 p.m. in Hong Kong, with Dow Jones Industrial Average and S&P 500 futures dipping and Nasdaq futures edging higher. The three major U.S. indexes closed mixed in regular trading on Friday.\nAsia’s main stock indexes also traded mixed on Monday morning. China’sShanghai Composite, Japan’sNikkeiand South Korea’sKospiall gained, while Hong Kong’sHang Sengfell.\nThe U.S. Federal Reserve meets Wednesday and Thursday this week on interest rates and analysts overwhelmingly expect another 25-basis-point rate hike. The European Central Bank (ECB) is also expected to raise its rates later this week.\nTheCME FedWatch Toolpredicts a 99.8% chance the Fed will raise rates to the range of 5.25% to 5.5% on July 26, the highest since January 2001.\nWith a rate hike priced into many markets, the focus on the Fed meeting will be forward guidance on monetary policies. Both Federal Reserve Chair Jerome Powell and ECB President Christine Lagarde have flagged stubborn inflation as a concern, according toBloombergon Saturday.\nAlong with the Fed and ECB, Japan’s central bank will also meet this week, but there is little likelihood of any change to its ultra-loose monetary policy.\nIn the U.S. this week, more than 150 U.S. corporations, including Microsoft, Alphabet and Meta Platforms, will release second-quarter results.\n(Updates with equity section.)', 'Bitcoin rose in early Monday morning trading in Asia to reclaim the US$30,000 support level, but later retreated. Ether moved higher to near US$1,900, while most other top 10 non-stablecoin cryptocurrencies logged gains. Cardano’s ADA token led the winners. In other markets, NFTs traded flat, while U.S. equity futures did the same. The week ahead brings lots more earnings in the U.S. for investors to get a picture of the state of the economy, while the Federal Reserve has a two-day meeting where it’s expected to raise interest rates.\nBitcoin rose 1.33% over the 24 hours to US$30,059 as of 07:30 a.m. in Hong Kong, according todatafrom CoinMarketCap. Ether gained 1.73% to US$1,887.\nHowever, both tokens have yet tomake up lossesfor the past seven days, with Bitcoin off 0.37% for the week, while Ether is sitting on a weekly loss of 1.73%.\xa0Bitcoin fell back later in the morning.\nTrading in Bitcoin and Ether will remain rangebound until the Fed decision on rates on July 27, Mark Wong, senior trader at Hong Kong-based digital asset platform Hashkey Group, said in a Friday newsletter. “A rate hike is all but priced in with an implied probability of 99.8% from the futures market,” Wong said.\nMost other top 10 non-stablecoin cryptocurrencies also traded higher Monday, with Cardano’s ADA token leading the winners with a gain of 3.01% to US$0.3169 and up 0.59% for the week.\nInput Output Global, one of the developers behind the Cardano blockchain, last week saidMithril– a Cardano stake-based signature scheme – was nearing its mainnet launch to improve the node syncing and security of the Cardano network.\nOn the regulatory front, a portion of the court’s recent verdict in theRipple casewas “wrongly decided,”saidthe U.S. Securities and Exchange Commission (SEC) on Friday in documents filed in its on-going lawsuit against Singapore-based Terraform Labs, hinting that the SEC would challenge the Ripple ruling.\nThe SEC in FebruarychargedSingapore-based Terraform Labs Pte and its co-founder Do Hyeong Kwon with orchestrating a multi-billion dollar crypto asset securities fraud involving an algorithmic stablecoin and other crypto asset securities.\nThe total crypto market capitalization rose 1.14% in the past 24 hours to US$1.20 trillion, while trading volume rose 13.56% to US$24.5 billion.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nThe mainForkast 500 NFT indexedged up 0.08% in the past 24 hours to 2,674.69 as of 10:10 a.m. in Hong Kong. Forkast’s Ethereum, Solana and Polygon NFT market indices moved lower, while the Cardano index logged gains.\nTotal NFT sales volume rose 1.30% in the past 24 hours to US$17.24 million, according to data fromCryptoSlam, with the volume on Ethereum totaling US$12.02 million or more than two thirds of the total.\nAmong all NFT collections, Ethereum-based Bored Ape Yacht Club topped the 24-hour sales volume at US$1.60 million, edging up 1.19%. Volumes traded mixed in the top five NFT collections.\nOpenSea, the world’s second-largest NFT marketplace by trading volume,launchedits “Deals” function on Friday, which allows its NFT holders to directly swap their collections with each other and include wrapped Ether (WETH) in their offers to sweeten up the transactions.\nElsewhere, the slump in value of Twitter Co-Founder Jack Dorsey’s first NFT caught the attention of mainstream media includingCNBCandthe Economic Timeson Sunday. The NFT, based on Dorsey’s first Twitter post, sold at over US$2.1 million in 2021, but the highest offer for the NFT is now 1 ETH (US$1,875), according toOpenSea.\n“The NFT market is looking rather flat in the Forkast 500 index, (which) reflects that continued downtrend we’ve been watching most of the year,” Yehudah Petscher, NFT Strategist at Forkast Labs,saidon Friday. The Forkast 500 NFT index has dropped over 35% since the start of the year.\n“With the exception of January, the market almost completely slants right,” said Petscher.\nU.S. stock futurestradedmixed as of 12:30 p.m. in Hong Kong, with Dow Jones Industrial Average and S&P 500 futures dipping and Nasdaq futures edging higher. The three major U.S. indexes closed mixed in regular trading on Friday.\nAsia’s main stock indexes also traded mixed on Monday morning. China’sShanghai Composite, Japan’sNikkeiand South Korea’sKospiall gained, while Hong Kong’sHang Sengfell.\nThe U.S. Federal Reserve meets Wednesday an **Last 60 Days of Bitcoin's Closing Prices:** [26476.21, 26719.29, 26868.35, 28085.65, 27745.88, 27702.35, 27219.66, 26819.97, 27249.59, 27075.13, 27119.07, 25760.10, 27238.78, 26346.00, 26508.22, 26480.38, 25851.24, 25940.17, 25902.50, 25918.73, 25124.68, 25576.39, 26327.46, 26510.68, 26336.21, 26851.03, 28327.49, 30027.30, 29912.28, 30695.47, 30548.70, 30480.26, 30271.13, 30688.16, 30086.25, 30445.35, 30477.25, 30590.08, 30620.77, 31156.44, 30777.58, 30514.17, 29909.34, 30342.27, 30292.54, 30171.23, 30414.47, 30620.95, 30391.65, 31476.05, 30334.07, 30295.81, 30249.13, 30145.89, 29856.56, 29913.92, 29792.02, 29908.74, 29771.80, 30084.54] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-07-24 **Financial & Commodity Data:** - Gold Closing Price: $1960.30 - Crude Oil Closing Price: $78.74 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $567,874,414,031 - Hash Rate: 401990841.889808 - Transaction Count: 529923.0 - Unique Addresses: 704020.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.55 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: It’s fair to say sentiment towardcryptoamong the general public has plummeted in the past year. This may have a secondary effect of pushing financial advisors to shy away from the category, and digital assets in general, at least until there is more certainty in the markets and the forces driving them. Looking at the long term — as advisors are supposed to do — lends itself to a different perspective. Crypto is still a relatively new technology, and with all new technologies, there is an adoption curve, and a good way to evaluate this isMetcalfe’s Law. Metcalfe's Law states that a network's impact is the square of the number of nodes in the network. For example, if a network has 10 nodes, its inherent value is 100 (10 x 10). If you believe crypto is still early in its evolution (and it almost certainly is), it has unmatched potential to grow in an exponential manner. The analogy isn’t perfect, but one of the toughest times to buy Amazon stock was in the 2000s, when it was virtually stagnant; of course, that also turned out to be a great time to buy. You're readingCrypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors.Subscribe hereto get it every Thursday. In addition to its untapped potential, crypto and blockchain have come to be defined by such features as decentralization, security, transparency, efficiency, innovation and financial inclusion. Many of these facets are attractive to financial advisors as they scan the macroeconomic landscape for investment opportunities for their clients. With a difficult 2022 behind us – during which almost every asset class went down – and the traditional 60/40 portfolio had its worst year in over a century, it is important for advisors to be open to possibilities in the future landscape to rebuild, protect and grow their client portfolios. Emotion can be a difficult thing to manage, and in one sense, that is part of an advisor’s job description. The situation in the U.S. has big challenges: The country has one of the highest debt-to-GDP ratios we have encountered, a devaluation of fiat currencies is ongoing, and demographics are aging with no end insight. A natural question arises: How can we find opportunities to outpace these challenges? It is important to realize that the economy is often slow to reflect economic conditions. We should expect to see challenged earnings, a credit crunch and uncertainty around the Fed. One answer isblockchainand crypto. There are several reasons why investing in crypto makes sense: diversification, high growth potential, being on the bleeding edge of new technologies, a hedge against inflation and self-custody, to name a few. The question is, how should advisors allocate a portion of client portfolios to digital assets? Without taking a single token or third-party risk, the SEC’s intransigence in disallowing a spot BTC ETF, and trying to keep up in this 24/7 cycle market, what is a regulated option? As famed value investor Warren Buffet once said, “Be fearful when others are greedy, and greedy when others are fearful.” Now it is one of those periods. In preparing for the long term, we need to get out of the day-to-day noise. Will this asset class be higher in five, 10, 15 years and beyond? I believe so and believe it is responsible to research this asset class and have a portion of client portfolios allocated to it, just as it was for Amazon in the early 2000s. Crypto and blockchain are important because they offer a new way to manage and secure financial transactions, increase transparency and accountability, and enable innovation in a variety of industries. Debt has been the backbone of the global economy. As debt grows and credit tightens, it challenges all facets of the markets. This ultimately devalues fiat currencies. While the U.S. dollar remains the world reserve currency (for now), there is no guarantee of that in the future. The ultimate story is that all fiat currencies depreciate because of our system. As advisors, our job is to maintain purchasing power for our clients. Moving forward, 60/40 portfolios and traditional wealth management strategies may not be enough to do this. This is why we see an allocation to crypto as a responsible decision moving forward so as to not miss an exponential opportunity. Crypto as an asset class is directly tied to global liquidity; this faucet cannot be shut off. As money supply rises over time, we need to be prepared to capitalize on that environment. In the new world of “work from home,” where does commercial real estate fall in? We just hit a first-quarter record in office vacancies approaching 13%, which is larger than after the financial crisis of 2008. Commercial real estate loans account for nearly 40% of what’s on bank lending books. This issue, along with the now very apparent potential for a bank run via a cellphone, adds pressure on the system, compounding the challenges to advisors. Crypto and digital assets expand the set of tools to help deal with them. With a system built on debt and big challenges ahead for Fed Chairman Jerome Powell, now is the time to look at additional alternatives. Advisors owe it to their clients to put in the work to navigate the digital asset space so they’re better positioned to endure the looming headwinds. No single solution is a perfect fit, but a combination of these strategies puts the people we work for in a better position to be successful for themselves and their families.... - Reddit Posts (Sample): []... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
29227.39, 29354.97, 29210.69, 29319.25, 29356.92, 29275.31, 29230.11, 29675.73, 29151.96, 29178.68