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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:** ['• US stocks ended higher Friday, with the S&P 500 jumping past the key milestone of 5,000.\n• Revised CPI data released Friday showed inflation cooled in December more than initially reported.\n• "We think this is a pretty strong sign that we\'re still in a bull market," a strategist said.\nUS stocks were up on Friday with the S&P 500 ending the day past the key psychological mark of 5,000.\nThe benchmark index punched through 5,000 first on Thursday, closing the day just shy at 4,997. Afterrevised consumer price index datareleased Friday that showed inflation cooled more than initially reported in December, theindexpushed to new highs, climbing as high as 5,029 during the trading day.\nStocks capped off the week with the fifth straight weekly gain.\n"What does 5000 mean? On the surface, not a whole lot, we know that. But psychologically is really what matters," Ryan Detrick, chief market strategist from the Carson Group, said on Bloomberg TV on Friday.\nUsually, in the six months after psychological levels are breached, the S&P 500 has never dipped lower, Detrick said. If anything, it provides a fresh catalyst for stocks to continue rallying\n"We think this is a pretty strong sign that we\'re still in a bull market, we\'ve said that for a while, and get on the ride," he said. "It\'s a fun ride."\nHere\'s where US indexes stood at the closing bell at 4:00 p.m. on Friday:\n• S&P 500:5,026.61, up 0.57%\n• Dow Jones Industrial Average:38,671.69, down 0.14%\n• Nasdaq Composite:15,990.66, up 1.25%\nHere\'s what else is going on:\n• Nvidia is now worthas much as the whole Chinese stock market.\n• The commercial real estate crisis willprompt the Fed\'s first rate cutin May, top economist says.\n• VladimirPutin takes aim at the US dollar\'s dominant positionas the world\'s reserve currency.\n• China turmoil poses a risk to the Magnificent 7, Jeremy Grantham\'s GMO says.\n• Wharton professor Jeremy Siegel says thestock market still has 8% upside— and highlights where investors should put their money to capitalize.\n• Bitcoin\'s sudden rebound keeps the$100,000 threshold in reach by year-end, Standard Chartered says\nIn commodities, bonds, and crypto:\n• Oil prices rose, withWest Texas Intermediatecrude up 0.38% to $76.51 a barrel.Brent crude, the international benchmark, was also up by 0.34% to $81.91 a barrel.\n• Goldslipped 0.38% to $2,040.10 per ounce.\n• The10-year Treasury yieldticked slightly higher to 4.177%.\n• Bitcoinclimbed 4.75% to $47,680.75.\nRead the original article onBusiness Insider', 'During the meme coin mania of 2020-21,Shiba Inu(CRYPTO: SHIB)captured the imagination of crypto investors by offering a potential path to millionaire status. And indeed, there are some crypto investors who did become incredibly wealthy by investing in the meme coin. But Shiba Inu is now down 90% since 2021, and a number of efforts to boost the token\'s price over the past two years have not worked out as planned.\nWhile things admittedly don\'t look promising right now, there are still several possible scenarios forShiba Inuto become a millionaire-maker crypto. I\'m not saying these scenarios are likely, only that they represent possible paths to success. Let\'s take a closer look, and then you can be the judge of just how probable they are.\nThe first scenario involves Shiba Inu\'s coin supply, which remains ridiculously large at 589 trillion coins. To put that number into perspective, the total lifetime supply ofBitcoin(CRYPTO: BTC)is capped at just 21 million coins. From my perspective, the only way to boost Shiba Inu\'s price is by bringing the coin supply down to under 1 trillion coins.\nThe way to do that is viacoin burning, which is simply the act of transferring a coin to a "dead" (i.e., non-functioning) crypto wallet. When you burn a coin, you remove it from the overall circulating coin supply, and that (theoretically) should help to boost the price of the cryptocurrency. With that in mind, Shiba Inu has launched a number of high-profile coin-burning campaigns.\nBut here\'s the thing -- even if Shiba Inu burns 1 trillion coins per year, it would still take 589 years to get the coin supply under 1 trillion! While there are some scenarios out there for how Shiba Inu could burn close to 10 trillion coins per month, there are enormous questions about just how sustainable that pace really is. Even if you did burn 10 trillion coins per month, it would still take five years to bring the coin supply down under 1 trillion.\nThe second scenario involves boosting demand for Shiba Inu tokens. And the way you do that is by boosting the overall utility of the Shiba Inu blockchain. Theoretically, the more ways you can use the Shiba Inu blockchain, the more demand there should be for Shiba Inu tokens.\nThe centerpiece of this strategy was the August 2023 launch of Shibarium, a Layer 2 scaling solution designed to improve the overall speed, efficiency, and throughput of the Shiba Inu blockchain. In many ways, Shibarium is similar to the popular Layer 2 blockchains now running on top of theEthereum(CRYPTO: ETH)blockchain.\nThe question, though, is just how much new demand Shibarium will create for the Shiba Inu token. The launch of Shibarium was supposed to usher in a brave new world of blockchain gaming, decentralized finance (DeFi), and Web3 applications. Some even speculated that Shibarium might be used by large enterprises for their blockchain projects. While the number of transactions taking place on Shibarium seems to be surging in 2024, I\'m taking a wait-and-see approach on this for now.\nFinally, there\'s the most unlikely scenario of them all: Shiba Inu becoming the currency for AI. Ever since the launch of ChatGPT, there has been growing debate over the possible intersection of AI and crypto. In one potential use case, autonomous AI agents would pay for data and computing resources with cryptocurrency. You can think of these autonomous agents as AI-powered bots that you trust with real money to carry out tasks throughout the day.\nRight now, most people think Bitcoin will become the currency of AI. In fact, late last year, Ark Invest dedicated an entire 90-minute podcast to Bitcoin becoming the currency of AI. And, in January of this year,Palantir Technologies(NYSE: PLTR)co-founder Joe Lonsdale told CNBC that the three best candidates to become the currency of AI were Bitcoin, Ethereum, andSolana(CRYPTO: SOL).\nBut what if Shiba Inu becomes the currency of AI? As Elon Musk famously remarked, sometimes the most entertaining outcome is the most likely outcome. And what would be more entertaining than the iconic Shiba Inu dog becoming the mascot of AI? If dog-loving AI bots ever started to use Shiba Inu to pay for data and computing power, the price of the token might skyrocket.\nCertainly, the math behind becoming a Shiba Inu millionaire is alluring. Right now, for example, Shiba Inu trades for the super-low price of $0.000009. Thus, for just $10, you can buy over 1 million Shiba Inu tokens. If the token price goes to $1, you\'re a millionaire.\nBut as we\'ve seen with the scenarios above, the likelihood of Shiba Inu skyrocketing in value from $0.000009 to $1 is highly improbable, if not impossible. Remember -- the all-time-high for Shiba Inu is just $0.00009, which is a little too close to zero for my liking. As a result, Shiba Inu is probably nothing more than a lottery ticket these days and should not be part of a long-term, buy-and-hold portfolio.\nShould you invest $1,000 in Shiba Inu right now?\nBefore you buy stock in Shiba Inu, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Shiba Inu wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002*.\nSee the 10 stocks\n*Stock Advisor returns as of February 5, 2024\nDominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Ethereum, Palantir Technologies, and Solana. The Motley Fool has adisclosure policy.\nIs Shiba Inu Still a Millionaire-Maker Crypto?was originally published by The Motley Fool', "When it comes to innovative and disruptive enterprises,Coinbase Global(NASDAQ: COIN)likely comes to mind. The top digital-asset brokerage and exchange operator is at the forefront of trying to bring cryptocurrencies to the masses.\nBut shares haven't been too kind to investors in recent years. If you invested $1,000 in Coinbase in April 2021, the time when it had itsinitial public offering(IPO), your position would be worth just $470 today (as of Feb. 5). That translates to a 53% decline, a disappointment when compared to the 15% rise of theNasdaq Composite Indexduring the same time (including dividends).\nLet's look back at thistop crypto stock's short history as a publicly traded company. Then we can figure out if investors should consider buying shares right now.\nIt was either extreme luck or a stroke of genius, but Coinbase couldn't have entered the public markets at a better time. Stocks and cryptocurrencies were in a bull market run during the post-pandemic boom, lifting shares 43% from $250 at the IPO to their all-time high in November 2021. Even though the stock is up an incredible 231% since the start of 2023, it remains 67% below that previous peak.\nThe stock's volatility mirrors the unpredictable nature of the underlying business. In 2021, Coinbase generated 93% of its revenue from transaction fees, which are derived from providing crypto trading services to both individuals and institutions. When asset prices are rising, as was the case about three years ago, the company's financials reflect this.\nCo **Last 60 Days of Bitcoin's Closing Prices:** [41450.22, 42890.74, 43023.97, 41929.76, 42240.12, 41364.66, 42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-10 **Financial & Commodity Data:** - Gold Closing Price: $2023.30 - Crude Oil Closing Price: $76.84 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $929,572,300,500 - Hash Rate: 570491417.639278 - Transaction Count: 399252.0 - Unique Addresses: 637411.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- The outlook for Australia’s cotton crop has improved following a deluge of rain across growing regions last year that prompted some farmers to boost their planting, according to the nation’s industry group. Most Read from Bloomberg SEC Authorizes Bitcoin-Spot ETFs in Crypto’s Breakthrough Google Lays Off Hundreds in Hardware, Voice Assistant Teams Amazon’s Twitch to Cut 500 Employees, About 35% of Staff These Are the World’s Most Powerful Passports in 2024 SEC Says FBI Is Investigating Compromise of Agency’s X Account Cotton Australia expects production to be at 4.5 million barrels for 2023-24, the top of its previously estimated range, according to Chief Executive Officer Adam Kay. The group warned in October — prior to rains — that the outlook was mixed due to the onset of El Niño, which typically brings drier conditions. Vast parts of eastern Australia has been inundated by heavy rains and flooding since at least October, including a tropical cyclone that damaged sugar crops in Queensland. The wet weather has benefited so-called dryland cotton producers, which rely on rain and stored soil moisture to support plant growth. Cotton is primarily grown in Queensland and New South Wales, and the harvest typically begins around March or April. In early October, Cotton Australia forecast output of 4 million to 4.5 million bales for 2023-24, compared with 5.5 million bales the previous season. Most Read from Bloomberg Businessweek Trumponomics 2.0: What to Expect If Trump Wins the 2024 Election US Is Weaponizing New Economic Tools to Slow China’s War Machine Five ETFs to Watch in 2024 Elon Musk’s Alleged Drug Use Comes Under a Microscope Tropical Underworld: The Murder Case That Could Topple an Alleged Crime Empire ©2024 Bloomberg L.P. 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.
48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88
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:** ['• US stocks ended higher Friday, with the S&P 500 jumping past the key milestone of 5,000.\n• Revised CPI data released Friday showed inflation cooled in December more than initially reported.\n• "We think this is a pretty strong sign that we\'re still in a bull market," a strategist said.\nUS stocks were up on Friday with the S&P 500 ending the day past the key psychological mark of 5,000.\nThe benchmark index punched through 5,000 first on Thursday, closing the day just shy at 4,997. Afterrevised consumer price index datareleased Friday that showed inflation cooled more than initially reported in December, theindexpushed to new highs, climbing as high as 5,029 during the trading day.\nStocks capped off the week with the fifth straight weekly gain.\n"What does 5000 mean? On the surface, not a whole lot, we know that. But psychologically is really what matters," Ryan Detrick, chief market strategist from the Carson Group, said on Bloomberg TV on Friday.\nUsually, in the six months after psychological levels are breached, the S&P 500 has never dipped lower, Detrick said. If anything, it provides a fresh catalyst for stocks to continue rallying\n"We think this is a pretty strong sign that we\'re still in a bull market, we\'ve said that for a while, and get on the ride," he said. "It\'s a fun ride."\nHere\'s where US indexes stood at the closing bell at 4:00 p.m. on Friday:\n• S&P 500:5,026.61, up 0.57%\n• Dow Jones Industrial Average:38,671.69, down 0.14%\n• Nasdaq Composite:15,990.66, up 1.25%\nHere\'s what else is going on:\n• Nvidia is now worthas much as the whole Chinese stock market.\n• The commercial real estate crisis willprompt the Fed\'s first rate cutin May, top economist says.\n• VladimirPutin takes aim at the US dollar\'s dominant positionas the world\'s reserve currency.\n• China turmoil poses a risk to the Magnificent 7, Jeremy Grantham\'s GMO says.\n• Wharton professor Jeremy Siegel says thestock market still has 8% upside— and highlights where investors should put their money to capitalize.\n• Bitcoin\'s sudden rebound keeps the$100,000 threshold in reach by year-end, Standard Chartered says\nIn commodities, bonds, and crypto:\n• Oil prices rose, withWest Texas Intermediatecrude up 0.38% to $76.51 a barrel.Brent crude, the international benchmark, was also up by 0.34% to $81.91 a barrel.\n• Goldslipped 0.38% to $2,040.10 per ounce.\n• The10-year Treasury yieldticked slightly higher to 4.177%.\n• Bitcoinclimbed 4.75% to $47,680.75.\nRead the original article onBusiness Insider', 'During the meme coin mania of 2020-21,Shiba Inu(CRYPTO: SHIB)captured the imagination of crypto investors by offering a potential path to millionaire status. And indeed, there are some crypto investors who did become incredibly wealthy by investing in the meme coin. But Shiba Inu is now down 90% since 2021, and a number of efforts to boost the token\'s price over the past two years have not worked out as planned.\nWhile things admittedly don\'t look promising right now, there are still several possible scenarios forShiba Inuto become a millionaire-maker crypto. I\'m not saying these scenarios are likely, only that they represent possible paths to success. Let\'s take a closer look, and then you can be the judge of just how probable they are.\nThe first scenario involves Shiba Inu\'s coin supply, which remains ridiculously large at 589 trillion coins. To put that number into perspective, the total lifetime supply ofBitcoin(CRYPTO: BTC)is capped at just 21 million coins. From my perspective, the only way to boost Shiba Inu\'s price is by bringing the coin supply down to under 1 trillion coins.\nThe way to do that is viacoin burning, which is simply the act of transferring a coin to a "dead" (i.e., non-functioning) crypto wallet. When you burn a coin, you remove it from the overall circulating coin supply, and that (theoretically) should help to boost the price of the cryptocurrency. With that in mind, Shiba Inu has launched a number of high-profile coin-burning campaigns.\nBut here\'s the thing -- even if Shiba Inu burns 1 trillion coins per year, it would still take 589 years to get the coin supply under 1 trillion! While there are some scenarios out there for how Shiba Inu could burn close to 10 trillion coins per month, there are enormous questions about just how sustainable that pace really is. Even if you did burn 10 trillion coins per month, it would still take five years to bring the coin supply down under 1 trillion.\nThe second scenario involves boosting demand for Shiba Inu tokens. And the way you do that is by boosting the overall utility of the Shiba Inu blockchain. Theoretically, the more ways you can use the Shiba Inu blockchain, the more demand there should be for Shiba Inu tokens.\nThe centerpiece of this strategy was the August 2023 launch of Shibarium, a Layer 2 scaling solution designed to improve the overall speed, efficiency, and throughput of the Shiba Inu blockchain. In many ways, Shibarium is similar to the popular Layer 2 blockchains now running on top of theEthereum(CRYPTO: ETH)blockchain.\nThe question, though, is just how much new demand Shibarium will create for the Shiba Inu token. The launch of Shibarium was supposed to usher in a brave new world of blockchain gaming, decentralized finance (DeFi), and Web3 applications. Some even speculated that Shibarium might be used by large enterprises for their blockchain projects. While the number of transactions taking place on Shibarium seems to be surging in 2024, I\'m taking a wait-and-see approach on this for now.\nFinally, there\'s the most unlikely scenario of them all: Shiba Inu becoming the currency for AI. Ever since the launch of ChatGPT, there has been growing debate over the possible intersection of AI and crypto. In one potential use case, autonomous AI agents would pay for data and computing resources with cryptocurrency. You can think of these autonomous agents as AI-powered bots that you trust with real money to carry out tasks throughout the day.\nRight now, most people think Bitcoin will become the currency of AI. In fact, late last year, Ark Invest dedicated an entire 90-minute podcast to Bitcoin becoming the currency of AI. And, in January of this year,Palantir Technologies(NYSE: PLTR)co-founder Joe Lonsdale told CNBC that the three best candidates to become the currency of AI were Bitcoin, Ethereum, andSolana(CRYPTO: SOL).\nBut what if Shiba Inu becomes the currency of AI? As Elon Musk famously remarked, sometimes the most entertaining outcome is the most likely outcome. And what would be more entertaining than the iconic Shiba Inu dog becoming the mascot of AI? If dog-loving AI bots ever started to use Shiba Inu to pay for data and computing power, the price of the token might skyrocket.\nCertainly, the math behind becoming a Shiba Inu millionaire is alluring. Right now, for example, Shiba Inu trades for the super-low price of $0.000009. Thus, for just $10, you can buy over 1 million Shiba Inu tokens. If the token price goes to $1, you\'re a millionaire.\nBut as we\'ve seen with the scenarios above, the likelihood of Shiba Inu skyrocketing in value from $0.000009 to $1 is highly improbable, if not impossible. Remember -- the all-time-high for Shiba Inu is just $0.00009, which is a little too close to zero for my liking. As a result, Shiba Inu is probably nothing more than a lottery ticket these days and should not be part of a long-term, buy-and-hold portfolio.\nShould you invest $1,000 in Shiba Inu right now?\nBefore you buy stock in Shiba Inu, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Shiba Inu wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002*.\nSee the 10 stocks\n*Stock Advisor returns as of February 5, 2024\nDominic Basultohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Ethereum, Palantir Technologies, and Solana. The Motley Fool has adisclosure policy.\nIs Shiba Inu Still a Millionaire-Maker Crypto?was originally published by The Motley Fool', "When it comes to innovative and disruptive enterprises,Coinbase Global(NASDAQ: COIN)likely comes to mind. The top digital-asset brokerage and exchange operator is at the forefront of trying to bring cryptocurrencies to the masses.\nBut shares haven't been too kind to investors in recent years. If you invested $1,000 in Coinbase in April 2021, the time when it had itsinitial public offering(IPO), your position would be worth just $470 today (as of Feb. 5). That translates to a 53% decline, a disappointment when compared to the 15% rise of theNasdaq Composite Indexduring the same time (including dividends).\nLet's look back at thistop crypto stock's short history as a publicly traded company. Then we can figure out if investors should consider buying shares right now.\nIt was either extreme luck or a stroke of genius, but Coinbase couldn't have entered the public markets at a better time. Stocks and cryptocurrencies were in a bull market run during the post-pandemic boom, lifting shares 43% from $250 at the IPO to their all-time high in November 2021. Even though the stock is up an incredible 231% since the start of 2023, it remains 67% below that previous peak.\nThe stock's volatility mirrors the unpredictable nature of the underlying business. In 2021, Coinbase generated 93% of its revenue from transaction fees, which are derived from providing crypto trading services to both individuals and institutions. When asset prices are rising, as was the case about three years ago, the company's financials reflect this.\nCo **Last 60 Days of Bitcoin's Closing Prices:** [41450.22, 42890.74, 43023.97, 41929.76, 42240.12, 41364.66, 42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-02-10 **Financial & Commodity Data:** - Gold Closing Price: $2023.30 - Crude Oil Closing Price: $76.84 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $929,572,300,500 - Hash Rate: 570491417.639278 - Transaction Count: 399252.0 - Unique Addresses: 637411.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- The outlook for Australia’s cotton crop has improved following a deluge of rain across growing regions last year that prompted some farmers to boost their planting, according to the nation’s industry group. Most Read from Bloomberg SEC Authorizes Bitcoin-Spot ETFs in Crypto’s Breakthrough Google Lays Off Hundreds in Hardware, Voice Assistant Teams Amazon’s Twitch to Cut 500 Employees, About 35% of Staff These Are the World’s Most Powerful Passports in 2024 SEC Says FBI Is Investigating Compromise of Agency’s X Account Cotton Australia expects production to be at 4.5 million barrels for 2023-24, the top of its previously estimated range, according to Chief Executive Officer Adam Kay. The group warned in October — prior to rains — that the outlook was mixed due to the onset of El Niño, which typically brings drier conditions. Vast parts of eastern Australia has been inundated by heavy rains and flooding since at least October, including a tropical cyclone that damaged sugar crops in Queensland. The wet weather has benefited so-called dryland cotton producers, which rely on rain and stored soil moisture to support plant growth. Cotton is primarily grown in Queensland and New South Wales, and the harvest typically begins around March or April. In early October, Cotton Australia forecast output of 4 million to 4.5 million bales for 2023-24, compared with 5.5 million bales the previous season. Most Read from Bloomberg Businessweek Trumponomics 2.0: What to Expect If Trump Wins the 2024 Election US Is Weaponizing New Economic Tools to Slow China’s War Machine Five ETFs to Watch in 2024 Elon Musk’s Alleged Drug Use Comes Under a Microscope Tropical Underworld: The Murder Case That Could Topple an Alleged Crime Empire ©2024 Bloomberg L.P. 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. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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 past couple of years have been extremely difficult for the crypto ecosystem. Scandals, collapses, losses and lawsuits marred the industry, resulting in a loss of confidence in the space — and a loss of funds for many. While 2023, fared better, the trial of former FTX chief executive Sam Bankman-Fried — found guilty of all seven criminal counts against him in November — coupled with many assets still struggling to regain ground, made for a somewhat lukewarm environment.\nWhile the industry is still reeling from these developments, 2024 seems off to a good start, notably with the recent and long-awaited Securities and Exchange Commission (SEC) approval of SpotBitcoinexchange traded funds (ETFs), which many see as a legitimization of the space and the Holy Grail ofcrypto.\nSee:8 Best Cryptocurrencies To Invest In for 2024Here Are:6 Genius Things All Wealthy People Do With Their Money\nYet, for people working in crypto — and its broader ecosystem — however, the ride has proven rocky, although there are some glimpses of hope, with some experts arguing that “it can only go up from here.”\nTo put this in context, in December, crypto job postings on LinkedIn declined a whopping 57% year-over-year, yet, it’s less than the 71% year-over-year drop in November, according to Bloomberg.\nSponsored:Owe the IRS $10K or more? Schedule a FREE consultation to see if you qualify for tax relief.\nPhillip Shoemaker, executive director ofIdentity.com, a non-profit organization providing decentralized identity verification, said that while he knew this was going to be a long downturn and took a conservative approach, “getting cash in the bank and such,” he still didn’t expect this bear market to be as long as it has been.\n“Obviously, SBF did a big disservice to us by inviting in the regulators and then really angering them, because he stabbed them in the back by being a fraudster,” said Shoemaker. “There’s been a lot of unhappiness in the space post-FTX, and regulators have been bringing heat. But regulation does need to happen. I’m more concerned about good crypto companies just being down in this environment, but is the time to stay in your lane, to work and, well, to keep building. The bull market will return — it’s a matter of when, not if.”\nFor some participants, working in crypto post-FTX, is working in a landscape that has “dramatically shifted.”\nFor instance, Tayler McCracken, editor-in-chief,Coin Bureau, said that the aftermath of the FTX collapse, the SBF trial, and other high-profile setbacks have significantly altered the industry’s atmosphere.\n“The once buoyant interest has waned, as reflected in the reduced engagement with our content and a noticeable decline in job inquiries. Conversations have shifted from eager curiosity about joining the crypto world to cautious inquiries about its viability,” said McCracken.\nYet, he also noted that despite these challenges, their commitment to the crypto industry remains unwavering.\n“Those of us who continue to navigate these turbulent waters do so out of a firm belief in the potential of crypto to foster a more inclusive, transparent and equitable financial system. We are confident that the industry will emerge stronger, learning from these experiences,” he added.\nNot all is doom and gloom however, and several experts see crypto’s turmoil as an industry undergoing necessary growing pains, which in turn, are triggering some much-needed regulations.\nMike Martin, head of content atTastycrypto, called these changes necessary.\n“We can draw parallels with the early days of the internet — remember the dot-com bubble? Just like then, we’re experiencing periods of intense volatility and vulnerability, which are essential for our growth and resilience, just as it was for the internet back in 2000,” said Martin.\nIn turn, this could set the stage for a more resilient space — and the newly approved Bitcoin ETFs are also helping boost confidence in the space, as it has sparked renewed interest.\n“However, there is at least two-three years of a learning curve for both investment advisors and retail investors before crypto truly becomes a recommended allocation into a portfolio model,” said Andy LaPointe, author, advisor and founder ofCryptoWisdom.com. “This means those working in the industry still have an uphill battle.”\nYet, as Martin further argued, long-term participants in the crypto world, like himself, view these fluctuations through a lens that’s focused on the future, adding that the ebbs and flows of this business, though unsettling, don’t sway them because they know this technology is simply too efficient to not only have a future but be the future.\n“So, what are we as an industry doing in response to these challenges?” he queried. “We’re doing what Chicago did after the great fire of 1871 and what the United States did after the Crash of 1929: we’re rebuilding. We’re strengthening our foundations and our ecosystem to make them more robust than ever. 2023 was a Darwinian ‘survival of the fittest’ moment in crypto, and those of us still around are more resilient than ever.”\nMore From GOBankingRates\n• I'm a Frugal Shopper: 7 Things I Never Waste Money On\n• I'm a Costco Superfan: These Are the 5 Highest-Quality Kirkland Food Items\n• The Reason Your Credit Card Interest Rate is Holding You Back Financially\n• 6 Ways to Tell If You're Financially Smarter Than the Average American\nThis article originally appeared onGOBankingRates.com:How Miserable Is It To Work In Crypto Right Now and Is the Money Still Worth It?", 'At the start of 2024, a price target of $100,000 forBitcoin(CRYPTO: BTC)looked like a no-brainer.Bitcoinhad just rallied more than 150% to a price of $45,000. Wall Street had finally embraced Bitcoin as an asset class, and the imminent arrival of newspot Bitcoin ETFspromised to unlock a torrent of new investor money into Bitcoin.\nThe problem, however, is that the whole Bitcoin ETF investment thesis hasn\'t panned out as expected. In fact, Bitcoin is actually down nearly 10% since the spot Bitcoin ETFs started trading on Jan. 11. But don\'t worry -- the Bitcoin ETF investment thesis continues to evolve, and Bitcoin has one more major catalyst coming this year. Combined, could they be the rocket fuel needed to send Bitcoin skyrocketing?\nThe frustrating part about the original Bitcoin ETF investment thesis is that the price of Bitcoin didn\'t immediately surge in January. While the new Bitcoin ETFs appear to be an early success, all the new buying by Wall Street investors hasn\'t pushed up the price of Bitcoin. If anything, it looks like investors just moved money around from one Bitcoin investment product to another Bitcoin investment product, with little or no real change to their overall Bitcoin exposure.\nSo, as you might expect, we\'re already seeing an evolution of this original thesis. At the end of January, Ark Invest released its new "Big Ideas 2024" report. In it, the investment firm included a super-bullish update to how much Bitcoin it thought investors should optimally allocate to their portfolios. Instead of its previous guideline of 6.2%, it now suggested a much higher optimal Bitcoin allocation of 19.4%.\nThat\'s a radical change, and it also leads to some radical price targets for Bitcoin. According to Ark Invest, if you use the 19.4% assumption, and apply it to the world\'s total investable asset base of $250 trillion, then you can arrive at a $2.3 million price target for Bitcoin. In essence, this would be a world in which every investor has gone wild for Bitcoin. Imagine not just huge Wall Street institutional investors, but also huge sovereign wealth funds, moving one-fifth of their assets into Bitcoin.\nObviously, just how high Bitcoin can go this year depends a lot on how much of their portfolios investors are willing to allocate to crypto. If you assume that 1% remains the general rule of thumb for most investors, then getting to $100,000 might be harder to reach than originally anticipated. But if you\'re willing to turn the dials and move that allocation percentage up to 5%, 10%, or even 20%, then Bitcoin could go absolutely stratospheric.\nBut the Bitcoin ETF story might not be the biggest story of the year for Bitcoin. The much-anticipated Bitcoin halving is coming in April, and it could unlock a tremendous amount of value for the cryptocurrency. There have been three previous Bitcoin halvings (in 2012, 2016, and 2020), and each one has led to spectacular rallies. The 2020 halving, for example, led to Bitcoin eventually reaching its all-time high of almost $69,000.\nSo will we see another all-time high for Bitcoin? Obviously, past performance is no guarantee of future performance, so it\'s risky to assume that Bitcoin is going to skyrocket again this time around. Moreover, keep in mind that it can take anywhere from 12 to 18 months for all the halving gains to take place. That means that we may not see the true extent of the Bitcoin halving rally until sometime in 2025.\nBut, as in the case of the Bitcoin ETF investment thesis, the Bitcoin halving thesis seems to make a lot of sense. In a halving, the mining reward paid out to Bitcoin miners for adding a new block to the Bitcoin blockchain falls by one-half. This has two important consequences. First, it boosts the relative scarcity of Bitcoin. Second, it makes Bitcoin more deflationary over time. Both of these results should make Bitcoin more attractive to investors over the long haul.\nMy primary concern is that, as Bitcoin goes increasingly mainstream, it will start to behave differently than it has in the past. For example, take Bitcoin\'s famous (some might say infamous) volatility. With so many institutional investors deciding to buy Bitcoin for their portfolios, and many of them adopting a buy-and-hold strategy, it\'s not out of the question that Bitcoin will become less volatile over time.\nThis reduction in volatility is fantastic if you want a nice, safe investment tha **Last 60 Days of Bitcoin's Closing Prices:** [42890.74, 43023.97, 41929.76, 42240.12, 41364.66, 42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-11 **Financial & Commodity Data:** - Gold Closing Price: $2023.30 - Crude Oil Closing Price: $76.84 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $937,046,072,462 - Hash Rate: 514192922.4775072 - Transaction Count: 329938.0 - Unique Addresses: 558692.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.71 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The much-anticipated sale of a debut collection of "Quantum Cats" Bitcoin inscriptions by the Ordinals project Taproot Wizards was marred by technical issues on Monday, leaving users frustrated and forcing an embarrassing delay. The planned sale of around 3,000 digital cats, designed to honor a Bitcoin improvement proposal known as OP_CAT, commenced with a two-hour "whitelist" window at 17:00 UTC (noon ET) on Monday, butthis had to be postponed until Tuesday due to the issues encountered. "There’s been an incredible demand for the cats today, and our servers simply couldn’t handle the amount of people who were trying to mint,"Taproot Wizards posted on X. The collection was on sale for 0.1 BTC ($4,300), meaning as much as 300 BTC ($12.9 million) could have been raised if every cat was to be sold. According to the tweet, around 30% of the cats were minted on Monday. That would equate to nearly 1,000 cats, for around around 100 BTC ($4.3 million). It was an inauspicious start for Taproot Wizards, whichraised $7.5 million in a seed funding round in November, reflecting the high hopes for projects focused on the fast-growing arena of inscriptions from the Ordinals protocol, colloquially referred to as "NFTs on Bitcoin." The first item in the Quantum Cats series, a special image known as "Genesis Cat," sold earlier this month on the auction house Sotheby's for an eye-popping $254,000. Udi Wertheimer, one of the company's co-founders, apologized to would-be buyers during a live Spaces session on the social-media platform X. "There's been some glitches," Wertheimer said. "I know this isn't the experience people were expecting." Following the two-hour whitelist window, the plan was for minting to pause for an hour before the remaining cats became available for general sale. Complaints filled the project's Discord channel on Monday: "This has got to be one of the worst mint experiences I've ever seen," one user wrote. TheOrdinals protocol allows the inscriptions of datainto satoshis – the smallest units of bitcoin – effectively creatingnon-fungible tokens(NFTs) on the Bitcoin network. The protocoldebuted at the start of 2023, becoming a contentious issue for the Bitcoin community, with some users saying they are pointlessly congesting the network. Read More:Bitcoin-Based Digital Art Image 'Genesis Cat' Sells for $254K in Sotheby's Auction... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18
You are an expert financial analyst. Your primary task is to 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 past couple of years have been extremely difficult for the crypto ecosystem. Scandals, collapses, losses and lawsuits marred the industry, resulting in a loss of confidence in the space — and a loss of funds for many. While 2023, fared better, the trial of former FTX chief executive Sam Bankman-Fried — found guilty of all seven criminal counts against him in November — coupled with many assets still struggling to regain ground, made for a somewhat lukewarm environment.\nWhile the industry is still reeling from these developments, 2024 seems off to a good start, notably with the recent and long-awaited Securities and Exchange Commission (SEC) approval of SpotBitcoinexchange traded funds (ETFs), which many see as a legitimization of the space and the Holy Grail ofcrypto.\nSee:8 Best Cryptocurrencies To Invest In for 2024Here Are:6 Genius Things All Wealthy People Do With Their Money\nYet, for people working in crypto — and its broader ecosystem — however, the ride has proven rocky, although there are some glimpses of hope, with some experts arguing that “it can only go up from here.”\nTo put this in context, in December, crypto job postings on LinkedIn declined a whopping 57% year-over-year, yet, it’s less than the 71% year-over-year drop in November, according to Bloomberg.\nSponsored:Owe the IRS $10K or more? Schedule a FREE consultation to see if you qualify for tax relief.\nPhillip Shoemaker, executive director ofIdentity.com, a non-profit organization providing decentralized identity verification, said that while he knew this was going to be a long downturn and took a conservative approach, “getting cash in the bank and such,” he still didn’t expect this bear market to be as long as it has been.\n“Obviously, SBF did a big disservice to us by inviting in the regulators and then really angering them, because he stabbed them in the back by being a fraudster,” said Shoemaker. “There’s been a lot of unhappiness in the space post-FTX, and regulators have been bringing heat. But regulation does need to happen. I’m more concerned about good crypto companies just being down in this environment, but is the time to stay in your lane, to work and, well, to keep building. The bull market will return — it’s a matter of when, not if.”\nFor some participants, working in crypto post-FTX, is working in a landscape that has “dramatically shifted.”\nFor instance, Tayler McCracken, editor-in-chief,Coin Bureau, said that the aftermath of the FTX collapse, the SBF trial, and other high-profile setbacks have significantly altered the industry’s atmosphere.\n“The once buoyant interest has waned, as reflected in the reduced engagement with our content and a noticeable decline in job inquiries. Conversations have shifted from eager curiosity about joining the crypto world to cautious inquiries about its viability,” said McCracken.\nYet, he also noted that despite these challenges, their commitment to the crypto industry remains unwavering.\n“Those of us who continue to navigate these turbulent waters do so out of a firm belief in the potential of crypto to foster a more inclusive, transparent and equitable financial system. We are confident that the industry will emerge stronger, learning from these experiences,” he added.\nNot all is doom and gloom however, and several experts see crypto’s turmoil as an industry undergoing necessary growing pains, which in turn, are triggering some much-needed regulations.\nMike Martin, head of content atTastycrypto, called these changes necessary.\n“We can draw parallels with the early days of the internet — remember the dot-com bubble? Just like then, we’re experiencing periods of intense volatility and vulnerability, which are essential for our growth and resilience, just as it was for the internet back in 2000,” said Martin.\nIn turn, this could set the stage for a more resilient space — and the newly approved Bitcoin ETFs are also helping boost confidence in the space, as it has sparked renewed interest.\n“However, there is at least two-three years of a learning curve for both investment advisors and retail investors before crypto truly becomes a recommended allocation into a portfolio model,” said Andy LaPointe, author, advisor and founder ofCryptoWisdom.com. “This means those working in the industry still have an uphill battle.”\nYet, as Martin further argued, long-term participants in the crypto world, like himself, view these fluctuations through a lens that’s focused on the future, adding that the ebbs and flows of this business, though unsettling, don’t sway them because they know this technology is simply too efficient to not only have a future but be the future.\n“So, what are we as an industry doing in response to these challenges?” he queried. “We’re doing what Chicago did after the great fire of 1871 and what the United States did after the Crash of 1929: we’re rebuilding. We’re strengthening our foundations and our ecosystem to make them more robust than ever. 2023 was a Darwinian ‘survival of the fittest’ moment in crypto, and those of us still around are more resilient than ever.”\nMore From GOBankingRates\n• I'm a Frugal Shopper: 7 Things I Never Waste Money On\n• I'm a Costco Superfan: These Are the 5 Highest-Quality Kirkland Food Items\n• The Reason Your Credit Card Interest Rate is Holding You Back Financially\n• 6 Ways to Tell If You're Financially Smarter Than the Average American\nThis article originally appeared onGOBankingRates.com:How Miserable Is It To Work In Crypto Right Now and Is the Money Still Worth It?", 'At the start of 2024, a price target of $100,000 forBitcoin(CRYPTO: BTC)looked like a no-brainer.Bitcoinhad just rallied more than 150% to a price of $45,000. Wall Street had finally embraced Bitcoin as an asset class, and the imminent arrival of newspot Bitcoin ETFspromised to unlock a torrent of new investor money into Bitcoin.\nThe problem, however, is that the whole Bitcoin ETF investment thesis hasn\'t panned out as expected. In fact, Bitcoin is actually down nearly 10% since the spot Bitcoin ETFs started trading on Jan. 11. But don\'t worry -- the Bitcoin ETF investment thesis continues to evolve, and Bitcoin has one more major catalyst coming this year. Combined, could they be the rocket fuel needed to send Bitcoin skyrocketing?\nThe frustrating part about the original Bitcoin ETF investment thesis is that the price of Bitcoin didn\'t immediately surge in January. While the new Bitcoin ETFs appear to be an early success, all the new buying by Wall Street investors hasn\'t pushed up the price of Bitcoin. If anything, it looks like investors just moved money around from one Bitcoin investment product to another Bitcoin investment product, with little or no real change to their overall Bitcoin exposure.\nSo, as you might expect, we\'re already seeing an evolution of this original thesis. At the end of January, Ark Invest released its new "Big Ideas 2024" report. In it, the investment firm included a super-bullish update to how much Bitcoin it thought investors should optimally allocate to their portfolios. Instead of its previous guideline of 6.2%, it now suggested a much higher optimal Bitcoin allocation of 19.4%.\nThat\'s a radical change, and it also leads to some radical price targets for Bitcoin. According to Ark Invest, if you use the 19.4% assumption, and apply it to the world\'s total investable asset base of $250 trillion, then you can arrive at a $2.3 million price target for Bitcoin. In essence, this would be a world in which every investor has gone wild for Bitcoin. Imagine not just huge Wall Street institutional investors, but also huge sovereign wealth funds, moving one-fifth of their assets into Bitcoin.\nObviously, just how high Bitcoin can go this year depends a lot on how much of their portfolios investors are willing to allocate to crypto. If you assume that 1% remains the general rule of thumb for most investors, then getting to $100,000 might be harder to reach than originally anticipated. But if you\'re willing to turn the dials and move that allocation percentage up to 5%, 10%, or even 20%, then Bitcoin could go absolutely stratospheric.\nBut the Bitcoin ETF story might not be the biggest story of the year for Bitcoin. The much-anticipated Bitcoin halving is coming in April, and it could unlock a tremendous amount of value for the cryptocurrency. There have been three previous Bitcoin halvings (in 2012, 2016, and 2020), and each one has led to spectacular rallies. The 2020 halving, for example, led to Bitcoin eventually reaching its all-time high of almost $69,000.\nSo will we see another all-time high for Bitcoin? Obviously, past performance is no guarantee of future performance, so it\'s risky to assume that Bitcoin is going to skyrocket again this time around. Moreover, keep in mind that it can take anywhere from 12 to 18 months for all the halving gains to take place. That means that we may not see the true extent of the Bitcoin halving rally until sometime in 2025.\nBut, as in the case of the Bitcoin ETF investment thesis, the Bitcoin halving thesis seems to make a lot of sense. In a halving, the mining reward paid out to Bitcoin miners for adding a new block to the Bitcoin blockchain falls by one-half. This has two important consequences. First, it boosts the relative scarcity of Bitcoin. Second, it makes Bitcoin more deflationary over time. Both of these results should make Bitcoin more attractive to investors over the long haul.\nMy primary concern is that, as Bitcoin goes increasingly mainstream, it will start to behave differently than it has in the past. For example, take Bitcoin\'s famous (some might say infamous) volatility. With so many institutional investors deciding to buy Bitcoin for their portfolios, and many of them adopting a buy-and-hold strategy, it\'s not out of the question that Bitcoin will become less volatile over time.\nThis reduction in volatility is fantastic if you want a nice, safe investment tha **Last 60 Days of Bitcoin's Closing Prices:** [42890.74, 43023.97, 41929.76, 42240.12, 41364.66, 42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-02-11 **Financial & Commodity Data:** - Gold Closing Price: $2023.30 - Crude Oil Closing Price: $76.84 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $937,046,072,462 - Hash Rate: 514192922.4775072 - Transaction Count: 329938.0 - Unique Addresses: 558692.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.71 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The much-anticipated sale of a debut collection of "Quantum Cats" Bitcoin inscriptions by the Ordinals project Taproot Wizards was marred by technical issues on Monday, leaving users frustrated and forcing an embarrassing delay. The planned sale of around 3,000 digital cats, designed to honor a Bitcoin improvement proposal known as OP_CAT, commenced with a two-hour "whitelist" window at 17:00 UTC (noon ET) on Monday, butthis had to be postponed until Tuesday due to the issues encountered. "There’s been an incredible demand for the cats today, and our servers simply couldn’t handle the amount of people who were trying to mint,"Taproot Wizards posted on X. The collection was on sale for 0.1 BTC ($4,300), meaning as much as 300 BTC ($12.9 million) could have been raised if every cat was to be sold. According to the tweet, around 30% of the cats were minted on Monday. That would equate to nearly 1,000 cats, for around around 100 BTC ($4.3 million). It was an inauspicious start for Taproot Wizards, whichraised $7.5 million in a seed funding round in November, reflecting the high hopes for projects focused on the fast-growing arena of inscriptions from the Ordinals protocol, colloquially referred to as "NFTs on Bitcoin." The first item in the Quantum Cats series, a special image known as "Genesis Cat," sold earlier this month on the auction house Sotheby's for an eye-popping $254,000. Udi Wertheimer, one of the company's co-founders, apologized to would-be buyers during a live Spaces session on the social-media platform X. "There's been some glitches," Wertheimer said. "I know this isn't the experience people were expecting." Following the two-hour whitelist window, the plan was for minting to pause for an hour before the remaining cats became available for general sale. Complaints filled the project's Discord channel on Monday: "This has got to be one of the worst mint experiences I've ever seen," one user wrote. TheOrdinals protocol allows the inscriptions of datainto satoshis – the smallest units of bitcoin – effectively creatingnon-fungible tokens(NFTs) on the Bitcoin network. The protocoldebuted at the start of 2023, becoming a contentious issue for the Bitcoin community, with some users saying they are pointlessly congesting the network. Read More:Bitcoin-Based Digital Art Image 'Genesis Cat' Sells for $254K in Sotheby's Auction... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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 could top out at the $112,000 level if current buying pressure from ETFs continues.\n• The “worse case” scenario is at least $55,000, which is still a nearly 15% rise from current levels.\nBitcoin prices could touch $112,000 this year if the current trend of inflows related to spot exchange-traded funds (ETFs) continues, on-chain data provider CryptoQuant said Sunday.\nCEO Ki Young Ju said on X the “worse case” for bitcoin was at least $55,000, or a nearly 15% bump from Monday’s prices. The targets were made based on the effect of inflows on bitcoin’s market capitalization and a metric ratio that has historically indicated if prices were “overvalued” or “undervalued.”\n“Bitcoin market has seen $9.5B in spot ETF inflows per month, potentially boosting the realized cap by $114B yearly,” Ki said. “Even with $GBTC outflows, a $76B rise could elevate the realized cap from $451B to $527-565B.”\nKi cited a ratio tracking bitcoin’s market capitalization to realized capitalization –a measure of active tokensat thier last traded price – as potentially marking a top for bitcoin at the $104,000 to $112,00 mark. The ratio would reach 3.9 at those prices, a level that hashistorically marked a price top.\nSpot bitcoin ETFs have amassedmore than 192,000 bitcoin in holdings, as of Friday, since their launch nearly a month ago.\nThe funds have only been on the market for less than one month but have already attracted billions of dollars from investors looking to gain exposure to bitcoin without having to buy and store it directly.', '• Bitcoin prices could top out at the $112,000 level if current buying pressure from ETFs continues.\n• The “worse case” scenario is at least $55,000, which is still a nearly 15% rise from current levels.\nBitcoin prices could touch $112,000 this year if the current trend of inflows related to spot exchange-traded funds (ETFs) continues, on-chain data provider CryptoQuant said Sunday.\nCEO Ki Young Ju said on X the “worse case” for bitcoin was at least $55,000, or a nearly 15% bump from Monday’s prices. The targets were made based on the effect of inflows on bitcoin’s market capitalization and a metric ratio that has historically indicated if prices were “overvalued” or “undervalued.”\n“Bitcoin market has seen $9.5B in spot ETF inflows per month, potentially boosting the realized cap by $114B yearly,” Ki said. “Even with $GBTC outflows, a $76B rise could elevate the realized cap from $451B to $527-565B.”\nKi cited a ratio tracking bitcoin’s market capitalization to realized capitalization –a measure of active tokensat thier last traded price – as potentially marking a top for bitcoin at the $104,000 to $112,00 mark. The ratio would reach 3.9 at those prices, a level that hashistorically marked a price top.\nSpot bitcoin ETFs have amassedmore than 192,000 bitcoin in holdings, as of Friday, since their launch nearly a month ago.\nThe funds have only been on the market for less than one month but have already attracted billions of dollars from investors looking to gain exposure to bitcoin without having to buy and store it directly.', "Spot Bitcoin exchange-traded funds (ETFs) have alreadyamasseda staggering $10 billion in assets under management (AUM) within their first 20 days of trading, showcasing the fervent investor interest in this novel investment vehicle.\nLeading the charge are BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund, boasting holdings of $4 billion and $3.4 billion respectively. ARK 21Shares Bitcoin ETF also recently surpassed the $1 billion mark on February 10. While Grayscale Bitcoin Trust (GBTC) continues to experience outflows, the pace has slowed, with its smallest daily withdrawal on February 9. Analysts anticipate further growth as trading firms complete their evaluations of these investment vehicles.\nARK Invest, known for its bullish stance, sees Bitcoin replacing gold as a safe haven asset, predicting continued price appreciation due to its growing role in financial markets. They believe Bitcoin's antifragile nature will allow it to weather rising interest rates and inflation, offering a unique advantage in the current macroeconomic climate.\nThe recent approval of Bitcoin ETF applications by the SEC, after over a decade since the first proposal, marks a significant milestone. This development signifies not only the growing institutional embrace of Bitcoin but also a potential shift in how investors perceive it as a store of value.", "Spot Bitcoin exchange-traded funds (ETFs) have alreadyamasseda staggering $10 billion in assets under management (AUM) within their first 20 days of trading, showcasing the fervent investor interest in this novel investment vehicle.\nLeading the charge are BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund, boasting holdings of $4 billion and $3.4 billion respectively. ARK 21Shares Bitcoin ETF also recently surpassed the $1 billion mark on February 10. While Grayscale Bitcoin Trust (GBTC) continues to experience outflows, the pace has slowed, with its smallest daily withdrawal on February 9. Analysts anticipate further growth as trading firms complete their evaluations of these investment vehicles.\nARK Invest, known for its bullish stance, sees Bitcoin replacing gold as a safe haven asset, predicting continued price appreciation due to its growing role in financial markets. They believe Bitcoin's antifragile nature will allow it to weather rising interest rates and inflation, offering a unique advantage in the current macroeconomic climate.\nThe recent approval of Bitcoin ETF applications by the SEC, after over a decade since the first proposal, marks a significant milestone. This development signifies not only the growing institutional embrace of Bitcoin but also a potential shift in how investors perceive it as a store of value.", '• Bitcoin surged over 13% last week to register its best performance since October.\n• The AI-led surge in the S&P 500 is supportive of the bullish momentum in the crypto market.\nBulls seem to be dominating the supposedly risky corners of the financial market.\nBitcoin {{BTC}}, the leading cryptocurrency by market value, rose nearly 13.5% to $48,300 in the seven days to Feb. 12, the biggest single-week gain since October, according to CoinDesk data. At the same time,CoinDesk 20 Index, a measure of the biggest cryptocurrencies, has risen 11%.\nThe rally happened as continued inflows into the U.S.-based spot bitcoin exchange-traded funds (ETFs) likely overshadowed reports of bankrupt crypto lender Genesis seekingapproval to liquidateits $1.6 billion bitcoin holdings. On Thursday, spot ETFs accumulated over $400 million in inflows,registeringthe best day in nearly a month.\nThe S&P 500, Wall Street’s benchmark equity index, rose for the fifth week, closing above the $5,000 mark for the first time on record.\nAccording to Amberdata’s Director of Derivatives Greg Magadini, the boom in artificial intelligence-related stocks has driven the index higher, and the bullish momentum bodes well for the crypto market.\n"It’s hard to say that AI is overvalued. We’re really at the beginning of the AI story and an explosion of adoption. How do you value the future of AI? It’s definitely unknown, in my opinion. Crypto is in a similar position. [It is] likely a compliment to AI technology given decentralized on-chain data assets and the unknowable future use cases,” Magadini said in an email.\n“This investor risk appetite for tech is good for crypto and vice versa,” Magadini added.\nShares in NVIDIA, which are already up over 40% for the year, are leading the AI-led rally in stocks.Some observersare of the opinion that stocks look expensive, as the S&P 500 equity risk premium has dropped to its lowest since at least 2003.\nThe equity risk premium compares the projected annual corporate earnings growth with the yield on the 10-year U.S. Treasury note or the so-called risk-free rate to gauge the relative attractiveness of stocks.\nThe sharp decline in the risk premium means stocks are expensive and Treasury notes are cheap. This does not necessarily imply risk aversion, which leads to outflow from stocks and cryptocurrencies into bonds.\n“We can see that stocks are expensive (or treasuries are cheap) given this measure. Another way to read this is that risk-on sentiment is very strong in the market,” Magadini noted.', '• Bitcoin surged over 13% last week to register its best performance since October.\n• The AI-led surge in the S&P 500 is supportive of the bullish momentum in the crypto market.\nBulls seem to be dominating the supposedly risky corners of the financial market.\nBitcoin {{BTC}}, the leading cryptocurrency by market value, rose nearly 13.5% to $48,300 in the seven days to Feb. 12, the biggest single-week gain since October, according to CoinDesk data. At the same time,CoinDesk 20 Index, a measure of the biggest cryptocurrencies, has risen 11%.\nThe rally happened as continued inflows into the U.S.-based spot bitcoin exchange-traded funds (ETFs) likely overshadowed reports of bankrupt crypto lender Genesis seekingapproval to liquidateits $1.6 billion bitcoin holdings. On Thursday, spot ETFs accumulated over $400 million in inflows,registeringthe best day in nearly a month.\nThe S&P 500, Wall Street’s benchmark equity index, rose for the fifth week, closing above the $5,000 mark for the first time on record.\nAccording to Amberdata’s Director of Derivatives Greg Magadini, the boom in artificial intelligence-related stocks has driven the index higher, and the bullish momentum bodes well for the crypto market.\n"It’s hard to say that AI is overvalued. We’re really at the beginning of the AI story and an explosion of adoption. How do you value the future of AI? It’s definitely unknown, in my opinion. Crypto is in a similar position. [It is] likely a compliment to AI technology given decentralized on-chain data assets and the unknowable future use cases,” **Last 60 Days of Bitcoin's Closing Prices:** [43023.97, 41929.76, 42240.12, 41364.66, 42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-12 **Financial & Commodity Data:** - Gold Closing Price: $2018.20 - Crude Oil Closing Price: $76.92 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $944,911,590,525 - Hash Rate: 671828708.9304657 - Transaction Count: 409911.0 - Unique Addresses: 649038.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Jan 12 (Reuters) - South Korea's financial regulator on Friday said brokering U.S. spot bitcoin exchange-traded funds (ETFs) may be illegal in local markets, in an official response to the U.S. Securities and Exchange Commission's approval of such ETFs. "For domestic securities firms, any brokering of overseas-listed Bitcoin spot Exchange Traded Funds may violate the existing government stance on virtual assets and the Capital Markets Act," the Financial Services Commission (FSC) said in a statement. Several exchange-traded funds tied to the spot price of bitcoin began trading in the U.S. on Thursday in a landmark moment for the cryptocurrency industry that has been seeking regulatory approval for the financial product for over a decade. South Korea's FSC added that it will continue to review the regulatory landscape around investment of spot bitcoin ETFs. (Reporting by Cynthia Kim; Editing by Christopher Cushing)... - Reddit Posts (Sample): [['u/SAMTAYLORBURDON', 'The exchange I buy through just asked me this...', 106, '2024-02-12 00:17', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/', 'Hi all, I just received an email (2nd Feb actually) from the exchange I use to buy btc with. Essentially it\'s a demand for info on where I have been sending btc with the threat of account freeze if I do not squeal. So far I have reacted by sending everything I had remaining with them elsewhere...\nI can\'t help wondering the \'what next \' strategy, particularly if I would like to keep buying through this company. Should I tell them the addresses belong to me? Should I not reply and accept being frozen out of the exchange? Is this actually a phishing scam?\n\nHere is what they have said.....\n\n"Regulations in the UK require that we maintain up-to-date information about our clients and their account activity regarding self-custody wallets. A self-custody wallet is one where you manage your private keys yourself, for example a hardware wallet.\n\nPlease reply to this email and answer the following questions:\n\nPlease confirm that you own or are in control of the self-custodial wallets that you are sending and receiving from.\n\nIf you do not own or control the self-custodial wallets that you are sending and receiving from, please detail which addresses these are, who the owner or controller is, and provide their residential address.\nAfter your reply, our support team will make sure to clarify any questions you have and ensure the process runs smoothly\n\nIf we do not receive a response by February 23, 2024, we will have to place a lock on your account until we obtain the information we requested."', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/', '1aolkp7', [['u/Amber_Sam', 126, '2024-02-12 00:21', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq06ex6/', "Name and shame. \n\n\nI believe it's Kraken, at least I've seen something similar on Nostr from Kraken recently.", '1aolkp7'], ['u/SAMTAYLORBURDON', 65, '2024-02-12 00:23', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq06q9n/', 'Yeahhh it is.\nThey seem to run a great service, but this has thrown me.', '1aolkp7'], ['u/MorninggDew', 21, '2024-02-12 00:47', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0a42d/', 'I would tell them to fuck off and find another exchange personally.', '1aolkp7'], ['u/btceacc', 73, '2024-02-12 00:55', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0bagq/', "Isn't this due to all the new draconian rules the UK have introduced where they need to know everyone's crypto addresses?", '1aolkp7'], ['u/r_a_d_', 18, '2024-02-12 00:55', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0bcju/', 'I don’t get it though, it says it’s to comply with UK regulation. So you’re mad with Kraken for complying with the law?', '1aolkp7'], ['u/CaptainPugwash75', 18, '2024-02-12 01:02', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0cb07/', 'Are you certain this email is genuine?', '1aolkp7'], ['u/420osrs', 30, '2024-02-12 01:05', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0cpfi/', 'Hi,\n\n​\n\nThis is my personal wallet and you have my contact information as I completed KYC on xx date. \n\n\nThe address you are requesting is yy which I provided to you already during the above process. \n\n\nIf you have any additional questions please reach out.\n\n​\n\nThanks for your time,\n\nName', '1aolkp7'], ['u/Amber_Sam', 24, '2024-02-12 01:07', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0d0o1/', 'Explore the p2p options before giving them your privacy. Bisq, robosats, peachbitcoin and vexl are a good start.', '1aolkp7'], ['u/OverallFloor3081', 131, '2024-02-12 01:08', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0d99f/', 'Transfer to another wallet', '1aolkp7'], ['u/XBThodler', 12, '2024-02-12 01:27', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0g2bl/', 'Move funds first, close account after 😆', '1aolkp7'], ['u/Deez1putz', 13, '2024-02-12 01:28', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0g7q5/', 'Pretty sure it’s the law in the UK and any non-dodgy exchange is going to do the same.', '1aolkp7'], ['u/IHeartWordplay', 45, '2024-02-12 01:41', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0i8uv/', 'They are not asking for the addresses that you send TO and receive FROM. They are confirming that you control the addresses that you send from and receive to. That is, they want to Know Their Customer, and they’re confirming you are their customer.. and that you didn’t open these accounts on behalf of some third party. It’s government anti-money laundering stuff, I believe.', '1aolkp7'], ['u/DeathMoJo', 13, '2024-02-12 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0jrwe/', 'Kraken is the best exchange I have used hands down. All about security, staying in compliance and has competitive fees. They were up front when they had the scrap their earn program in the US.', '1aolkp7'], ['u/DrBreakenspein', 15, '2024-02-12 02:08', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0mgjp/', 'Companies involved in financial transactions need to comply with anti money laundering laws, which means they have to ensure the source of or recipient of funds isn\'t a prohibited entity. This is fairly routine if they can\'t determine this on their own and opens them up to liability if they dont determine it. You can\'t avoid this just because it\'s "bitcoin"', '1aolkp7'], ['u/ROBINHOODEATADIK2', 19, '2024-02-12 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0okpl/', 'Don’t think it’s so much being mad at the exchange, they have to comply if they want to continue doing business there , but it’s more like if that’s how it has to be then it’s time to find alternative places to trade', '1aolkp7'], ['u/und3adb33f', 11, '2024-02-12 02:49', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0sw98/', 'Explain to them that you are sending funds to your little old auntie in Pakistan who just wants to nuke the fuck out of New Delhi.', '1aolkp7'], ['u/the-quibbler', 17, '2024-02-12 02:56', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0twjx/', 'Very possibly your options other than complying will eventually boil down to expatriation or illegal activity', '1aolkp7'], ['u/Wsemenske', 12, '2024-02-12 05:06', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq1dctx/', 'Yeah the animosity is directed at the wrong direction. Blame the UK for their shit regulations\xa0', '1aolkp7'], ['u/Latter_Box9967', 14, '2024-02-12 06:51', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq1qaxi/', 'Yeah, just say it’s your online drug dealer’s address, and you don’t have any more info. \n\n…and then tell us what happened.', '1aolkp7'], ['u/BtcKing1111', 10, '2024-02-12 07:57', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq1wkvh/', "Kraken doesn't allow transfer-in-from and transfer-out-to wallets that do not belong to you.\n\nThey require you first transfer to a wallet controlled by you, before sending to Kraken.\n\nOr that crypto flowing to you first goes through your wallet, before going to Kraken.\n\nThey want to maintain one layer of probable deniability in-case there is money laundering, they can blame it on a user wallet, instead of funds sent directly to them.", '1aolkp7'], ['u/bastroptexas', 29, '2024-02-12 08:10', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq1xoqr/', 'They have to comply to lock the boot, you don’t. Move and don’t look back', '1aolkp7']]], ['u/Earlyretirement55', 'BOWL WTF happened with IV crush after earnings ??!!', 17, '2024-02-12 00:44', 'https://www.reddit.com/r/options/comments/1aom5lb/bowl_wtf_happened_with_iv_crush_after_earnings/', '355p before ER wrote 17.5 calls exp next week, day after earnings IV did not budge, and theta can’t cope, my OTM contracts are bleeding everyday despite being a good 20% OTM, my broker did not like my exposure so 50% of my 700 contracts were sold BTC by risk mitigation at Schwab. Wrote for a paltry $0.10 risk mitigation is buying to close at 0.25 to 0.30 so far my $6k premium has turned into a $6k loss, still have exposure with 300 contracts expiration Feb 16. \n\nWhy there was no IV crush after earnings for BOWL?', 'https://www.reddit.com/r/options/comments/1aom5lb/bowl_wtf_happened_with_iv_crush_after_earnings/', '1aom5lb', [['u/Elegant-Hunt-1532', 22, '2024-02-12 00:49', 'https://www.reddit.com/r/options/comments/1aom5lb/bowl_wtf_happened_with_iv_crush_after_earnings/kq0ai7m/', 'Low volume prolly', '1aom5lb'], ['u/justamemeguy', 20, '2024-02-12 02:43', 'https://www.reddit.com/r/options/comments/1aom5lb/bowl_wtf_happened_with_iv_crush_after_earnings/kq0rt1n/', 'It had a 18% move which is presumably way above the implied move. The bid ask spread is priced correctly. Your broker closed your trade because you had concentration risk. You do not understand how to price your risk because those calls ar... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97
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:** ['• Bitcoin prices could top out at the $112,000 level if current buying pressure from ETFs continues.\n• The “worse case” scenario is at least $55,000, which is still a nearly 15% rise from current levels.\nBitcoin prices could touch $112,000 this year if the current trend of inflows related to spot exchange-traded funds (ETFs) continues, on-chain data provider CryptoQuant said Sunday.\nCEO Ki Young Ju said on X the “worse case” for bitcoin was at least $55,000, or a nearly 15% bump from Monday’s prices. The targets were made based on the effect of inflows on bitcoin’s market capitalization and a metric ratio that has historically indicated if prices were “overvalued” or “undervalued.”\n“Bitcoin market has seen $9.5B in spot ETF inflows per month, potentially boosting the realized cap by $114B yearly,” Ki said. “Even with $GBTC outflows, a $76B rise could elevate the realized cap from $451B to $527-565B.”\nKi cited a ratio tracking bitcoin’s market capitalization to realized capitalization –a measure of active tokensat thier last traded price – as potentially marking a top for bitcoin at the $104,000 to $112,00 mark. The ratio would reach 3.9 at those prices, a level that hashistorically marked a price top.\nSpot bitcoin ETFs have amassedmore than 192,000 bitcoin in holdings, as of Friday, since their launch nearly a month ago.\nThe funds have only been on the market for less than one month but have already attracted billions of dollars from investors looking to gain exposure to bitcoin without having to buy and store it directly.', '• Bitcoin prices could top out at the $112,000 level if current buying pressure from ETFs continues.\n• The “worse case” scenario is at least $55,000, which is still a nearly 15% rise from current levels.\nBitcoin prices could touch $112,000 this year if the current trend of inflows related to spot exchange-traded funds (ETFs) continues, on-chain data provider CryptoQuant said Sunday.\nCEO Ki Young Ju said on X the “worse case” for bitcoin was at least $55,000, or a nearly 15% bump from Monday’s prices. The targets were made based on the effect of inflows on bitcoin’s market capitalization and a metric ratio that has historically indicated if prices were “overvalued” or “undervalued.”\n“Bitcoin market has seen $9.5B in spot ETF inflows per month, potentially boosting the realized cap by $114B yearly,” Ki said. “Even with $GBTC outflows, a $76B rise could elevate the realized cap from $451B to $527-565B.”\nKi cited a ratio tracking bitcoin’s market capitalization to realized capitalization –a measure of active tokensat thier last traded price – as potentially marking a top for bitcoin at the $104,000 to $112,00 mark. The ratio would reach 3.9 at those prices, a level that hashistorically marked a price top.\nSpot bitcoin ETFs have amassedmore than 192,000 bitcoin in holdings, as of Friday, since their launch nearly a month ago.\nThe funds have only been on the market for less than one month but have already attracted billions of dollars from investors looking to gain exposure to bitcoin without having to buy and store it directly.', "Spot Bitcoin exchange-traded funds (ETFs) have alreadyamasseda staggering $10 billion in assets under management (AUM) within their first 20 days of trading, showcasing the fervent investor interest in this novel investment vehicle.\nLeading the charge are BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund, boasting holdings of $4 billion and $3.4 billion respectively. ARK 21Shares Bitcoin ETF also recently surpassed the $1 billion mark on February 10. While Grayscale Bitcoin Trust (GBTC) continues to experience outflows, the pace has slowed, with its smallest daily withdrawal on February 9. Analysts anticipate further growth as trading firms complete their evaluations of these investment vehicles.\nARK Invest, known for its bullish stance, sees Bitcoin replacing gold as a safe haven asset, predicting continued price appreciation due to its growing role in financial markets. They believe Bitcoin's antifragile nature will allow it to weather rising interest rates and inflation, offering a unique advantage in the current macroeconomic climate.\nThe recent approval of Bitcoin ETF applications by the SEC, after over a decade since the first proposal, marks a significant milestone. This development signifies not only the growing institutional embrace of Bitcoin but also a potential shift in how investors perceive it as a store of value.", "Spot Bitcoin exchange-traded funds (ETFs) have alreadyamasseda staggering $10 billion in assets under management (AUM) within their first 20 days of trading, showcasing the fervent investor interest in this novel investment vehicle.\nLeading the charge are BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund, boasting holdings of $4 billion and $3.4 billion respectively. ARK 21Shares Bitcoin ETF also recently surpassed the $1 billion mark on February 10. While Grayscale Bitcoin Trust (GBTC) continues to experience outflows, the pace has slowed, with its smallest daily withdrawal on February 9. Analysts anticipate further growth as trading firms complete their evaluations of these investment vehicles.\nARK Invest, known for its bullish stance, sees Bitcoin replacing gold as a safe haven asset, predicting continued price appreciation due to its growing role in financial markets. They believe Bitcoin's antifragile nature will allow it to weather rising interest rates and inflation, offering a unique advantage in the current macroeconomic climate.\nThe recent approval of Bitcoin ETF applications by the SEC, after over a decade since the first proposal, marks a significant milestone. This development signifies not only the growing institutional embrace of Bitcoin but also a potential shift in how investors perceive it as a store of value.", '• Bitcoin surged over 13% last week to register its best performance since October.\n• The AI-led surge in the S&P 500 is supportive of the bullish momentum in the crypto market.\nBulls seem to be dominating the supposedly risky corners of the financial market.\nBitcoin {{BTC}}, the leading cryptocurrency by market value, rose nearly 13.5% to $48,300 in the seven days to Feb. 12, the biggest single-week gain since October, according to CoinDesk data. At the same time,CoinDesk 20 Index, a measure of the biggest cryptocurrencies, has risen 11%.\nThe rally happened as continued inflows into the U.S.-based spot bitcoin exchange-traded funds (ETFs) likely overshadowed reports of bankrupt crypto lender Genesis seekingapproval to liquidateits $1.6 billion bitcoin holdings. On Thursday, spot ETFs accumulated over $400 million in inflows,registeringthe best day in nearly a month.\nThe S&P 500, Wall Street’s benchmark equity index, rose for the fifth week, closing above the $5,000 mark for the first time on record.\nAccording to Amberdata’s Director of Derivatives Greg Magadini, the boom in artificial intelligence-related stocks has driven the index higher, and the bullish momentum bodes well for the crypto market.\n"It’s hard to say that AI is overvalued. We’re really at the beginning of the AI story and an explosion of adoption. How do you value the future of AI? It’s definitely unknown, in my opinion. Crypto is in a similar position. [It is] likely a compliment to AI technology given decentralized on-chain data assets and the unknowable future use cases,” Magadini said in an email.\n“This investor risk appetite for tech is good for crypto and vice versa,” Magadini added.\nShares in NVIDIA, which are already up over 40% for the year, are leading the AI-led rally in stocks.Some observersare of the opinion that stocks look expensive, as the S&P 500 equity risk premium has dropped to its lowest since at least 2003.\nThe equity risk premium compares the projected annual corporate earnings growth with the yield on the 10-year U.S. Treasury note or the so-called risk-free rate to gauge the relative attractiveness of stocks.\nThe sharp decline in the risk premium means stocks are expensive and Treasury notes are cheap. This does not necessarily imply risk aversion, which leads to outflow from stocks and cryptocurrencies into bonds.\n“We can see that stocks are expensive (or treasuries are cheap) given this measure. Another way to read this is that risk-on sentiment is very strong in the market,” Magadini noted.', '• Bitcoin surged over 13% last week to register its best performance since October.\n• The AI-led surge in the S&P 500 is supportive of the bullish momentum in the crypto market.\nBulls seem to be dominating the supposedly risky corners of the financial market.\nBitcoin {{BTC}}, the leading cryptocurrency by market value, rose nearly 13.5% to $48,300 in the seven days to Feb. 12, the biggest single-week gain since October, according to CoinDesk data. At the same time,CoinDesk 20 Index, a measure of the biggest cryptocurrencies, has risen 11%.\nThe rally happened as continued inflows into the U.S.-based spot bitcoin exchange-traded funds (ETFs) likely overshadowed reports of bankrupt crypto lender Genesis seekingapproval to liquidateits $1.6 billion bitcoin holdings. On Thursday, spot ETFs accumulated over $400 million in inflows,registeringthe best day in nearly a month.\nThe S&P 500, Wall Street’s benchmark equity index, rose for the fifth week, closing above the $5,000 mark for the first time on record.\nAccording to Amberdata’s Director of Derivatives Greg Magadini, the boom in artificial intelligence-related stocks has driven the index higher, and the bullish momentum bodes well for the crypto market.\n"It’s hard to say that AI is overvalued. We’re really at the beginning of the AI story and an explosion of adoption. How do you value the future of AI? It’s definitely unknown, in my opinion. Crypto is in a similar position. [It is] likely a compliment to AI technology given decentralized on-chain data assets and the unknowable future use cases,” **Last 60 Days of Bitcoin's Closing Prices:** [43023.97, 41929.76, 42240.12, 41364.66, 42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-02-12 **Financial & Commodity Data:** - Gold Closing Price: $2018.20 - Crude Oil Closing Price: $76.92 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $944,911,590,525 - Hash Rate: 671828708.9304657 - Transaction Count: 409911.0 - Unique Addresses: 649038.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Jan 12 (Reuters) - South Korea's financial regulator on Friday said brokering U.S. spot bitcoin exchange-traded funds (ETFs) may be illegal in local markets, in an official response to the U.S. Securities and Exchange Commission's approval of such ETFs. "For domestic securities firms, any brokering of overseas-listed Bitcoin spot Exchange Traded Funds may violate the existing government stance on virtual assets and the Capital Markets Act," the Financial Services Commission (FSC) said in a statement. Several exchange-traded funds tied to the spot price of bitcoin began trading in the U.S. on Thursday in a landmark moment for the cryptocurrency industry that has been seeking regulatory approval for the financial product for over a decade. South Korea's FSC added that it will continue to review the regulatory landscape around investment of spot bitcoin ETFs. (Reporting by Cynthia Kim; Editing by Christopher Cushing)... - Reddit Posts (Sample): [['u/SAMTAYLORBURDON', 'The exchange I buy through just asked me this...', 106, '2024-02-12 00:17', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/', 'Hi all, I just received an email (2nd Feb actually) from the exchange I use to buy btc with. Essentially it\'s a demand for info on where I have been sending btc with the threat of account freeze if I do not squeal. So far I have reacted by sending everything I had remaining with them elsewhere...\nI can\'t help wondering the \'what next \' strategy, particularly if I would like to keep buying through this company. Should I tell them the addresses belong to me? Should I not reply and accept being frozen out of the exchange? Is this actually a phishing scam?\n\nHere is what they have said.....\n\n"Regulations in the UK require that we maintain up-to-date information about our clients and their account activity regarding self-custody wallets. A self-custody wallet is one where you manage your private keys yourself, for example a hardware wallet.\n\nPlease reply to this email and answer the following questions:\n\nPlease confirm that you own or are in control of the self-custodial wallets that you are sending and receiving from.\n\nIf you do not own or control the self-custodial wallets that you are sending and receiving from, please detail which addresses these are, who the owner or controller is, and provide their residential address.\nAfter your reply, our support team will make sure to clarify any questions you have and ensure the process runs smoothly\n\nIf we do not receive a response by February 23, 2024, we will have to place a lock on your account until we obtain the information we requested."', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/', '1aolkp7', [['u/Amber_Sam', 126, '2024-02-12 00:21', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq06ex6/', "Name and shame. \n\n\nI believe it's Kraken, at least I've seen something similar on Nostr from Kraken recently.", '1aolkp7'], ['u/SAMTAYLORBURDON', 65, '2024-02-12 00:23', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq06q9n/', 'Yeahhh it is.\nThey seem to run a great service, but this has thrown me.', '1aolkp7'], ['u/MorninggDew', 21, '2024-02-12 00:47', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0a42d/', 'I would tell them to fuck off and find another exchange personally.', '1aolkp7'], ['u/btceacc', 73, '2024-02-12 00:55', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0bagq/', "Isn't this due to all the new draconian rules the UK have introduced where they need to know everyone's crypto addresses?", '1aolkp7'], ['u/r_a_d_', 18, '2024-02-12 00:55', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0bcju/', 'I don’t get it though, it says it’s to comply with UK regulation. So you’re mad with Kraken for complying with the law?', '1aolkp7'], ['u/CaptainPugwash75', 18, '2024-02-12 01:02', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0cb07/', 'Are you certain this email is genuine?', '1aolkp7'], ['u/420osrs', 30, '2024-02-12 01:05', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0cpfi/', 'Hi,\n\n​\n\nThis is my personal wallet and you have my contact information as I completed KYC on xx date. \n\n\nThe address you are requesting is yy which I provided to you already during the above process. \n\n\nIf you have any additional questions please reach out.\n\n​\n\nThanks for your time,\n\nName', '1aolkp7'], ['u/Amber_Sam', 24, '2024-02-12 01:07', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0d0o1/', 'Explore the p2p options before giving them your privacy. Bisq, robosats, peachbitcoin and vexl are a good start.', '1aolkp7'], ['u/OverallFloor3081', 131, '2024-02-12 01:08', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0d99f/', 'Transfer to another wallet', '1aolkp7'], ['u/XBThodler', 12, '2024-02-12 01:27', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0g2bl/', 'Move funds first, close account after 😆', '1aolkp7'], ['u/Deez1putz', 13, '2024-02-12 01:28', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0g7q5/', 'Pretty sure it’s the law in the UK and any non-dodgy exchange is going to do the same.', '1aolkp7'], ['u/IHeartWordplay', 45, '2024-02-12 01:41', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0i8uv/', 'They are not asking for the addresses that you send TO and receive FROM. They are confirming that you control the addresses that you send from and receive to. That is, they want to Know Their Customer, and they’re confirming you are their customer.. and that you didn’t open these accounts on behalf of some third party. It’s government anti-money laundering stuff, I believe.', '1aolkp7'], ['u/DeathMoJo', 13, '2024-02-12 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0jrwe/', 'Kraken is the best exchange I have used hands down. All about security, staying in compliance and has competitive fees. They were up front when they had the scrap their earn program in the US.', '1aolkp7'], ['u/DrBreakenspein', 15, '2024-02-12 02:08', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0mgjp/', 'Companies involved in financial transactions need to comply with anti money laundering laws, which means they have to ensure the source of or recipient of funds isn\'t a prohibited entity. This is fairly routine if they can\'t determine this on their own and opens them up to liability if they dont determine it. You can\'t avoid this just because it\'s "bitcoin"', '1aolkp7'], ['u/ROBINHOODEATADIK2', 19, '2024-02-12 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0okpl/', 'Don’t think it’s so much being mad at the exchange, they have to comply if they want to continue doing business there , but it’s more like if that’s how it has to be then it’s time to find alternative places to trade', '1aolkp7'], ['u/und3adb33f', 11, '2024-02-12 02:49', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0sw98/', 'Explain to them that you are sending funds to your little old auntie in Pakistan who just wants to nuke the fuck out of New Delhi.', '1aolkp7'], ['u/the-quibbler', 17, '2024-02-12 02:56', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq0twjx/', 'Very possibly your options other than complying will eventually boil down to expatriation or illegal activity', '1aolkp7'], ['u/Wsemenske', 12, '2024-02-12 05:06', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq1dctx/', 'Yeah the animosity is directed at the wrong direction. Blame the UK for their shit regulations\xa0', '1aolkp7'], ['u/Latter_Box9967', 14, '2024-02-12 06:51', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq1qaxi/', 'Yeah, just say it’s your online drug dealer’s address, and you don’t have any more info. \n\n…and then tell us what happened.', '1aolkp7'], ['u/BtcKing1111', 10, '2024-02-12 07:57', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq1wkvh/', "Kraken doesn't allow transfer-in-from and transfer-out-to wallets that do not belong to you.\n\nThey require you first transfer to a wallet controlled by you, before sending to Kraken.\n\nOr that crypto flowing to you first goes through your wallet, before going to Kraken.\n\nThey want to maintain one layer of probable deniability in-case there is money laundering, they can blame it on a user wallet, instead of funds sent directly to them.", '1aolkp7'], ['u/bastroptexas', 29, '2024-02-12 08:10', 'https://www.reddit.com/r/Bitcoin/comments/1aolkp7/the_exchange_i_buy_through_just_asked_me_this/kq1xoqr/', 'They have to comply to lock the boot, you don’t. Move and don’t look back', '1aolkp7']]], ['u/Earlyretirement55', 'BOWL WTF happened with IV crush after earnings ??!!', 17, '2024-02-12 00:44', 'https://www.reddit.com/r/options/comments/1aom5lb/bowl_wtf_happened_with_iv_crush_after_earnings/', '355p before ER wrote 17.5 calls exp next week, day after earnings IV did not budge, and theta can’t cope, my OTM contracts are bleeding everyday despite being a good 20% OTM, my broker did not like my exposure so 50% of my 700 contracts were sold BTC by risk mitigation at Schwab. Wrote for a paltry $0.10 risk mitigation is buying to close at 0.25 to 0.30 so far my $6k premium has turned into a $6k loss, still have exposure with 300 contracts expiration Feb 16. \n\nWhy there was no IV crush after earnings for BOWL?', 'https://www.reddit.com/r/options/comments/1aom5lb/bowl_wtf_happened_with_iv_crush_after_earnings/', '1aom5lb', [['u/Elegant-Hunt-1532', 22, '2024-02-12 00:49', 'https://www.reddit.com/r/options/comments/1aom5lb/bowl_wtf_happened_with_iv_crush_after_earnings/kq0ai7m/', 'Low volume prolly', '1aom5lb'], ['u/justamemeguy', 20, '2024-02-12 02:43', 'https://www.reddit.com/r/options/comments/1aom5lb/bowl_wtf_happened_with_iv_crush_after_earnings/kq0rt1n/', 'It had a 18% move which is presumably way above the implied move. The bid ask spread is priced correctly. Your broker closed your trade because you had concentration risk. You do not understand how to price your risk because those calls ar... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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 Anna Tong and Krystal Hu\n(Reuters) - Founders Fund, the venture capital firm founded by billionaire Peter Thiel, is investing once again in bitcoin and ether, sources said, signaling Silicon Valley's renewed interest in cryptocurrency markets.\nFrom late summer to early fall last year, the fund invested $200 million to acquire crypto tokens, half in bitcoin and the other half in ether, the two largest cryptocurrencies, two sources with direct knowledge of the matter told Reuters.\nThe previously unreported move by the prominent Silicon Valley venture capital firm underscores some institutional investors' return to token investments, once the hottest investment strategy before the crypto market crashed in 2022.\nThe outsized bet marks a comeback for crypto markets, which suffered in 2022 after the collapse of crypto exchange FTX and other big players crushed prices, tarnished the industry and prompted a regulatory crackdown.\nIn 2022, the price of bitcoin crashed to nearly $15,000, its lowest price since 2020.\nBitcoin and ether prices have gradually climbed over the past year, with bitcoin hitting $50,000 for first time in more than two years this week, but still below its peak of $69,000 in November 2021.\nAs one of the earliest institutional investors in crypto, Founders Fund began aggressively buying bitcoin in 2014, but then liquidated it before the crypto market crashed in 2022, making about $1.8 billion in returns.\nLast summer, Founder's Fund started to acquire bitcoin when it was below $30,000, and purchased more bitcoin and ether over a few months, sources added. Reuters wasn't able to learn the average price of those purchases.\nA spokesperson for the fund declined to comment.\nThiel, a co-founder of PayPal and Palantir, has publicly praised bitcoin, a currency based on blockchain technology that exists outside the purview of central banks, saying it is a store of value like gold and a hedge against central banks' monetary policy.\nThe cryptocurrency affinity aligns with the billionaire's interests in libertarianism, small government and technology innovation.\nFounders Fund, known for its early bets in companies such as SpaceX and Meta, now has over $12 billion in assets under management. It hired Joey Krug as partner in April 2023 to focus on crypto investing.\n(Reporting by Anna Tong in San Francisco and Krystal Hu in Toronto; editing by Kenneth Li and Sonali Paul)", 'By Ankur Banerjee\nSINGAPORE, Feb 13 (Reuters) - Asian stocks inched higher and the dollar held steady on Tuesday ahead of a key U.S. inflation report that could help shape the Federal Reserve\'s rates outlook and determine the timing of interest rate cuts.\nBitcoin remained strong after crossing $50,000 for the first time in over two years, thanks to inflows into exchange traded funds backed by the digital asset. It was last at $50,0097 in Asian hours.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan was 0.15% higher in early trading. The index is down 3% so far in the year.\nJapan\'s Nikkei on the other hand has carried on from last year and is up 12% for the year. On Tuesday, the index rose 1.7% to hit a fresh 34-year high on the back of a weak yen which is nearing the closely-watched 150 per dollar level.\nChina\'s financial markets are closed for the Lunar New Year holiday and will resume trade on Monday, Feb. 19, with Hong Kong markets due to resume on Feb. 14, leaving trading in Asia subdued and taking cues from the Wall Street.\nOn Monday, the Nasdaq slipped in the afternoon session after briefly surpassing its record closing high from November 2021. The benchmark S&P 500 closed lower but remained just above the 5,000-point level it crossed on Friday. E-mini futures for the S&P 500 fell 0.16%.\nInvestor attention this week will be on crucial reports on January\'s U.S. Consumer Price Index (CPI), due later in the day, and Producer Price Index, scheduled to be released on Friday.\nA slew of recent data, led by strength in the labour market, has underlined the resilience of the U.S. economy and pushed traders to scale back expectations of early and deep interest rate cuts from the Fed.\nMarkets have all but chalked off chances of a rate cut in March, with traders pricing in a 13% chance of an easing compared with 77% a month earlier, the CME FedWatch tool showed.\nEconomists polled by Reuters expect CPI to rise 2.9% on a year-on-year basis, down from 3.4% in the previous month, with annual core CPI inflation also expected to slow to 3.7% in January from 3.9% a month earlier.\nHowever, there is risk of an upside surprise, which could nudge yields higher and further strengthen the dollar, according to Charu Chanana, head of currency strategy at Saxo.\n"May rate cut probability is around 70%, and there appears room to push that further to June with markets remaining sensitive to hawkish surprises for now."\nTraders are still pricing in 111 basis points of cuts this year versus 75 bps of easing projected by the Fed.\nThe yield on 10-year Treasury notes was at 4.172%. The dollar index, which measures the U.S. currency against six rivals, was little changed at 104.16.\nThe Japanese yen, which is sensitive to U.S. rates, was last at 149.38 per dollar, not far from the closely-watched 150 level that analysts said would likely trigger further jawboning from Japanese officials in an attempt to support the currency.\nIn commodities, U.S. crude rose 0.03% to $76.94 per barrel and Brent was at $81.99, down 0.01% on the day.\n(Reporting by Ankur Banerjee in Singapore; Editing by Shri Navaratnam)', 'Bitcoin (BTC) surged past the $50,000 mark on February 12, reaching its highest level since December 2021. This rally was fueled by a combination of rising investor enthusiasm surrounding inflows from spot Bitcoin exchange-traded funds (ETFs) and the anticipated Bitcoin halving event in April.\nThe price leap saw Bitcoin reach a session high of $50,188, marking a remarkable 4% gain in a single day. This two-month high arrives just ahead of the halving, where the number of new BTC rewards generated every block gets cut in half, potentially impacting supply and demand dynamics.\nThe surge in investor optimism is further fueled by the growing popularity of spot Bitcoin ETFs. These investment vehicles offer exposure to the leading cryptocurrency without the complexities of directly holding it. Over the past week, spot Bitcoin ETFs attracted a staggering $1.1 billion in inflows, pushing their total assets under management to $59 billion.\nWhile the Grayscale Bitcoin Trust, a traditional investment vehicle for institutional investors, continues to experience outflows, the rise of spot ETFs signifies a potential shift in investment preferences. Looking ahead, many investors anticipate further price appreciation in the lead-up to the halving event, driven by the potential for supply constraints.', 'Bitcoin (BTC) surged past the $50,000 mark on February 12, reaching its highest level since December 2021. This rally was fueled by a combination of rising investor enthusiasm surrounding inflows from spot Bitcoin exchange-traded funds (ETFs) and the anticipated Bitcoin halving event in April.\nThe price leap saw Bitcoin reach a session high of $50,188, marking a remarkable 4% gain in a single day. This two-month high arrives just ahead of the halving, where the number of new BTC rewards generated every block gets cut in half, potentially impacting supply and demand dynamics.\nThe surge in investor optimism is further fueled by the growing popularity of spot Bitcoin ETFs. These investment vehicles offer exposure to the leading cryptocurrency without the complexities of directly holding it. Over the past week, spot Bitcoin ETFs attracted a staggering $1.1 billion in inflows, pushing their total assets under management to $59 billion.\nWhile the Grayscale Bitcoin Trust, a traditional investment vehicle for institutional investors, continues to experience outflows, the rise of spot ETFs signifies a potential shift in investment preferences. Looking ahead, many investors anticipate further price appreciation in the lead-up to the halving event, driven by the potential for supply constraints.', 'The competition for the first spot Ethereum (ETH) exchange-traded fund (ETF) intensifies with seasoned Wall Street player Franklin Templeton entering the fray. The firmfiledan application with the Securities and Exchange Commission (SEC) today, seeking approval for a fund directly tracking ETH.\nThis move by Franklin Templeton, managing a whopping $1.4 trillion in assets, signifies growing institutional interest in Ethereum, the second-largest cryptocurrency by market capitalization. Their proposed "Franklin Ethereum Trust" would hold ETH and explore the possibility of "staking" a portion of the fund\'s assets.\nStaking involves locking ETH to help secure the Ethereum network and earn rewards in the process. However, staking remains a contentious issue, with regulators like the SEC fining major crypto companies for offering unregistered securities through staking services.\nThis development follows the January approval of 10 spot Bitcoin ETFs, marking a historic moment for cryptocurrency integration into traditional financial markets. These Bitcoin ETFs allow investors to gain exposure without directly owning or managing the digital asset. Franklin Templeton isn\'t alone in seeking an ETH ETF. Industry giants like BlackRock, Grayscale, and VanEck have also submitted proposals.', "Chinese crypto mining companies are finding a new haven in Ethiopia, drawn by the country's low-cost hydropower and favorable climate,accordingto a recent Bloomberg report. This migration comes as China cracked down on crypto mining in 2021, forcing companies to seek alternative locations.\nWhile Ethiopia officially bans cryptocurrency trading, it legalized Bitcoin mining in 2022, opening the door for Chinese investment. Bloomberg's investigation revealed that 19 out of 21 companie **Last 60 Days of Bitcoin's Closing Prices:** [41929.76, 42240.12, 41364.66, 42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-13 **Financial & Commodity Data:** - Gold Closing Price: $1992.90 - Crude Oil Closing Price: $77.87 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $984,770,926,875 - Hash Rate: 506686456.4559378 - Transaction Count: 313178.0 - Unique Addresses: 589286.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: - Record BTC Production of 1,853 BTC in December and12,852 BTCin 2023 - Increased Average Operational Hash Rate 18% M/M to 22.4 EH/s - BTC Holdings Now Over 15,000, Total Cash & BTC of $1.0B as of December 31, 2023 Fort Lauderdale, FL, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc.(NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, today published unaudited bitcoin (“BTC”) production and miner installation updates for December 2023. Management Commentary“In December, we increased our energized hash rate 4% to 24.7 exahashes and extended our lead as the largest publicly traded bitcoin miner in North America,” said Fred Thiel, Marathon’s chairman and CEO. “We continue to target 30% growth in energized hash rate in 2024 and with the recently announced acquisition of the two sites from Generate Capital, which is expected to close in January 2024, we expect to reach 50 exahashes in the next 18 to 24 months. “Outside the US, progress continued in Abu Dhabi where we now have 2.7 exahashes online. This total includes over 13,000 rigs energized at our second, larger facility in Masdar City, and the remaining 4.4 exahashes are still expected to be online in January 2024. Our new joint venture in Paraguay also continued to energize, reaching 0.3 exahash with 2,110 miners now online. We continue to expect the full 1.1 exahashes to be online by early Q2 2024. “Hash rate growth and continued efficiency gains helped grow average operational hash rate* by 18% to 21.9 exahashes or 22.4 exahashes including our share of the joint ventures. This helped drive record bitcoin production as Marathon mined 1,853 BTC in December, up 56% from November, and 290% year-over-year. We believe this to be the highest monthly total ever recorded by a public bitcoin mining company. “Significantly higher transaction fees helped December’s Bitcoin production grow much faster than average operational hash rate. For the month, MaraPool collected more than 380 BTC in transaction fees or 22% of BTC production, up from 12% of production last month. Our success in capturing the sizable transaction fees currently available to miners is directly related to owning and operating our own pool and represents a key competitive advantage of our vertically integrated tech stack. “The recently announced acquisition of the sites in Granbury, TX and Kearney, NE, which is expected to close in January 2024, is expected to improve our cost structure and increase our near-term growth potential. This transaction is on track to close in mid-January and with new miners already on order, we expect to be able to quickly fill available capacity. We look forward to sharing more details on the integration strategy and financial impact after the deal has closed.” Operational Highlights and Updates Figure 1: Operational Highlights* [["Bitcoin Produced", "", "", "1,853", "", "", "", "475", "", "", "", "290", "%", "", "", "1,853", "", "", "", "1,187", "", "", "", "56", "%"], ["Average Bitcoin Produced per Day", "", "", "59.8", "", "", "", "15.3", "", "", "", "290", "%", "", "", "59.8", "", "", "", "39.6", "", "", "", "51", "%"], ["Share of Available Miner Rewards1", "", "", "5.1", "%", "", "", "1.7", "%", "", "", "197", "%", "", "", "5.1", "%", "", "", "3.6", "%", "", "", "40", "%"], ["Number of Blocks Won5", "", "", "222", "", "", "", "70", "", "", "", "217", "%", "", "", "222", "", "", "", "159", "", "", "", "40", "%"], ["Transaction Fees as % of Total5", "", "", "21.8", "%", "", "", "2.0", "%", "", "", "991", "%", "", "", "21.8", "%", "", "", "12.1", "%", "", "", "80", "%"], ["Energized Hash Rate (EH/s)2", "", "", "24.7", "", "", "", "7.0", "", "", "", "253", "%", "", "", "24.7", "", "", "", "23.7", "", "", "", "4", "%"], ["Avg Operational Hash Rate (EH/s)3", "", "", "22.4", "", "", "", "NA", "", "", "", "", "", "", "", "22.4", "", "", "", "19.0", "", "", "", "18", "%"], ["Installed Hash Rate (EH/s)4", "", "", "25.2", "", "", "", "7.0", "", "", "", "260", "%", "", "", "25.2", "", "", "", "23.2", "", "", "", "9", "%"], ["1. Defined as the total amount of block rewards including transaction fees that Marathon earned during the period divided by the total amount of block rewards and transaction fees awarded by the Bitcoin network during the period."], ["2. Defined as the amount of hash rate that could theoretically be generated if all miners that have been energized are currently in operation including miners that may be temporarily offline. Hash rates are estimates based on the manufacturers' specifications. All figures are rounded."], ["3. Defined as the average hash rate that was actually generated during the month from all operational miners. All figures are estimates and are rounded."], ["4. Defined as the sum of energized hash rate (see above) and hash rate that has been installed but not yet energized. Hash rates are estimates based on the manufacturers' specifications. All figures are rounded."], ["5. These metrics are MaraPool only, do not include the joint ventures"]] In December, approximately 8,900 of Marathon’s Bitcoin miners (c. 0.7 EH/s) were energized at Applied Digital’s facility in Garden City, Texas. This energization helped increase the Company’s operating fleet* by 7% to approximately 199,200 Bitcoin miners, theoretically capable of producing approximately 24.7 EH/s, according to the manufacturer’s specifications as of December 1, 2023. The Company’s average fleet efficiency*, based on manufacturers’ specifications, was 24.5 J/TH (joules per terahash) as of January 1, 2024. Figure 2: Operational Details by Site [["Site", "", "State", "", "", "Host", "", "Dec 2023", "", "", "Nov 2023", "", "", "Dec 2023", "", "", "Nov 2023", "", "", "Dec 2023", "", "", "Nov 2023", "", "", "Dec 2023", "", "", "Nov 2023", ""], ["McCamey", "", "", "TX", "", "", "US Bitcoin", "", "", "7.7", "", "", "", "7.7", "", "", "", "7.7", "", "", "", "7.7", "", "", "", "7.1", "", "", "", "6.9", "", "", "", "92", "%", "", "", "90", "%"], ["Ellendale", "", "", "ND", "", "", "Applied", "", "", "7.8", "", "", "", "7.8", "", "", "", "7.8", "", "", "", "7.8", "", "", "", "7.4", "", "", "", "7.0", "", "", "", "95", "%", "", "", "90", "%"], ["Garden City", "", "", "TX", "", "", "Applied", "", "", "4.5", "", "", "", "4.1", "", "", "", "4.5", "", "", "", "4.0", "", "", "", "3.6", "", "", "", "1.3", "", "", "", "80", "%", "", "", "33", "%"], ["Granbury", "", "", "TX", "", "", "US Bitcoin", "", "", "1.9", "", "", "", "1.9", "", "", "", "1.9", "", "", "", "1.9", "", "", "", "1.9", "", "", "", "1.7", "", "", "", "99", "%", "", "", "89", "%"], ["Jamestown", "", "", "ND", "", "", "Applied", "", "", "1.4", "", "", "", "1.4", "", "", "", "1.4", "", "", "", "1.4", "", "", "", "1.2", "", "", "", "1.4", "", "", "", "86", "%", "", "", "96", "%"], ["All Other", "", "", "", "", "", "Various", "", "", "1.4", "", "", "", "0.9", "", "", "", "1.4", "", "", "", "0.9", "", "", "", "1.3", "", "", "", "0.8", "", "", "", "88", "%", "", "", "88", "%"], ["Total", "", "", "", "", "", "", "", "", "24.7", "", "", "", "23.8", "", "", "", "24.7", "", "", "", "23.7", "", "", "", "22.4", "", "", "", "19.1", "", "", "", "91", "%", "", "", "80", "%"]] Marathon and its hosting provider further increased uptime in McCamey, TX from 90% in November to 92% in December. These improvements helped grow average operational hash rate at this facility by 2% to 7.1 EH/s. The Company is continuing to optimize its operations to maximize efficiency and lower operating costs. Financial Highlights and Updates Figure 3: Financial Highlights [["Metric", "", "12/31/2023", "", "", "12/31/2022", "", "", "% \u0394", "", "", "12/31/2023", "", "", "11/30/2023", "", "", "% \u0394", ""], ["Total Cash, Cash Equivalents, & Restricted Cash ($, in millions)", "", "", "356.8", "", "", "", "112.5", "", "", "", "217", "%", "", "", "356.8", "", "", "", "273.1", "", "", "", "31", "%"], ["Unrestricted Cash", "", "", "356.8", "", "", "", "103.7", "", "", "", "244", "%", "", "", "356.8", "", "", "", "273.1", "", "", "", "31", "%"], ["Restricted Cash", "", "", "0.0", "", "", "", "8.8", "", "", "", "-100", "%", "", "", "0.0", "", "", "", "0.0", "", "", "", "NA", ""], ["Total BTC Holdings (in whole numbers)", "", "", "15,174", "", "", "", "12,232", "", "", "", "24", "%", "", "", "15,174", "", "", "", "14,025", "", "", "", "8", "%"], ["Unrestricted BTC Holdings", "", "", "15,174", "", "", "", "7,816", "", "", "", "94", "%", "", "", "15,174", "", "", "", "14,025", "", "", "", "8", "%"], ["Restricted BTC Holdings", "", "", "0", "", "", "", "4,416", "", "", "", "-100", "%", "", "", "0", "", "", "", "0", "", "", "", "NA", ""], ["Pledged BTC Holdings", "", "", "0", "", "", "", "0", "", "", "", "NA", "", "", "", "0", "", "", "", "0", "", "", "", "NA", ""]] As of December 31, the Company holds a total of 15,174 unrestricted BTC. Marathon opted to sell 704 BTC or 38% of monthly production to cover operating expenses. The Company intends to sell a portion of its bitcoin holdings in future periods to support monthly operations, manage its treasury, and for general corporate purposes. Marathon held $356.8 million in cash and cash equivalents on its balance sheet at month end, all of which was unrestricted. During December, the combined balance of unrestricted cash and cash equivalents and bitcoin increased from $802.3 million to $998.5 million at December 31, 2023. In anticipation of the next Bitcoin network halving, the Company continues to build liquidity on the balance sheet to capitalize on strategic opportunities, including industry consolidation. The transaction to acquire two operating sites from Generate Capital is expected to close in January 2024 for approximately $178.6 million in cash to be paid from the Company’s balance sheet. * Beginning December 2023, the Company’s production reports now include the proportional share of international joint ventures (JVs) except where noted. Prior to December 2023, certain... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95
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:** ["By Anna Tong and Krystal Hu\n(Reuters) - Founders Fund, the venture capital firm founded by billionaire Peter Thiel, is investing once again in bitcoin and ether, sources said, signaling Silicon Valley's renewed interest in cryptocurrency markets.\nFrom late summer to early fall last year, the fund invested $200 million to acquire crypto tokens, half in bitcoin and the other half in ether, the two largest cryptocurrencies, two sources with direct knowledge of the matter told Reuters.\nThe previously unreported move by the prominent Silicon Valley venture capital firm underscores some institutional investors' return to token investments, once the hottest investment strategy before the crypto market crashed in 2022.\nThe outsized bet marks a comeback for crypto markets, which suffered in 2022 after the collapse of crypto exchange FTX and other big players crushed prices, tarnished the industry and prompted a regulatory crackdown.\nIn 2022, the price of bitcoin crashed to nearly $15,000, its lowest price since 2020.\nBitcoin and ether prices have gradually climbed over the past year, with bitcoin hitting $50,000 for first time in more than two years this week, but still below its peak of $69,000 in November 2021.\nAs one of the earliest institutional investors in crypto, Founders Fund began aggressively buying bitcoin in 2014, but then liquidated it before the crypto market crashed in 2022, making about $1.8 billion in returns.\nLast summer, Founder's Fund started to acquire bitcoin when it was below $30,000, and purchased more bitcoin and ether over a few months, sources added. Reuters wasn't able to learn the average price of those purchases.\nA spokesperson for the fund declined to comment.\nThiel, a co-founder of PayPal and Palantir, has publicly praised bitcoin, a currency based on blockchain technology that exists outside the purview of central banks, saying it is a store of value like gold and a hedge against central banks' monetary policy.\nThe cryptocurrency affinity aligns with the billionaire's interests in libertarianism, small government and technology innovation.\nFounders Fund, known for its early bets in companies such as SpaceX and Meta, now has over $12 billion in assets under management. It hired Joey Krug as partner in April 2023 to focus on crypto investing.\n(Reporting by Anna Tong in San Francisco and Krystal Hu in Toronto; editing by Kenneth Li and Sonali Paul)", 'By Ankur Banerjee\nSINGAPORE, Feb 13 (Reuters) - Asian stocks inched higher and the dollar held steady on Tuesday ahead of a key U.S. inflation report that could help shape the Federal Reserve\'s rates outlook and determine the timing of interest rate cuts.\nBitcoin remained strong after crossing $50,000 for the first time in over two years, thanks to inflows into exchange traded funds backed by the digital asset. It was last at $50,0097 in Asian hours.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan was 0.15% higher in early trading. The index is down 3% so far in the year.\nJapan\'s Nikkei on the other hand has carried on from last year and is up 12% for the year. On Tuesday, the index rose 1.7% to hit a fresh 34-year high on the back of a weak yen which is nearing the closely-watched 150 per dollar level.\nChina\'s financial markets are closed for the Lunar New Year holiday and will resume trade on Monday, Feb. 19, with Hong Kong markets due to resume on Feb. 14, leaving trading in Asia subdued and taking cues from the Wall Street.\nOn Monday, the Nasdaq slipped in the afternoon session after briefly surpassing its record closing high from November 2021. The benchmark S&P 500 closed lower but remained just above the 5,000-point level it crossed on Friday. E-mini futures for the S&P 500 fell 0.16%.\nInvestor attention this week will be on crucial reports on January\'s U.S. Consumer Price Index (CPI), due later in the day, and Producer Price Index, scheduled to be released on Friday.\nA slew of recent data, led by strength in the labour market, has underlined the resilience of the U.S. economy and pushed traders to scale back expectations of early and deep interest rate cuts from the Fed.\nMarkets have all but chalked off chances of a rate cut in March, with traders pricing in a 13% chance of an easing compared with 77% a month earlier, the CME FedWatch tool showed.\nEconomists polled by Reuters expect CPI to rise 2.9% on a year-on-year basis, down from 3.4% in the previous month, with annual core CPI inflation also expected to slow to 3.7% in January from 3.9% a month earlier.\nHowever, there is risk of an upside surprise, which could nudge yields higher and further strengthen the dollar, according to Charu Chanana, head of currency strategy at Saxo.\n"May rate cut probability is around 70%, and there appears room to push that further to June with markets remaining sensitive to hawkish surprises for now."\nTraders are still pricing in 111 basis points of cuts this year versus 75 bps of easing projected by the Fed.\nThe yield on 10-year Treasury notes was at 4.172%. The dollar index, which measures the U.S. currency against six rivals, was little changed at 104.16.\nThe Japanese yen, which is sensitive to U.S. rates, was last at 149.38 per dollar, not far from the closely-watched 150 level that analysts said would likely trigger further jawboning from Japanese officials in an attempt to support the currency.\nIn commodities, U.S. crude rose 0.03% to $76.94 per barrel and Brent was at $81.99, down 0.01% on the day.\n(Reporting by Ankur Banerjee in Singapore; Editing by Shri Navaratnam)', 'Bitcoin (BTC) surged past the $50,000 mark on February 12, reaching its highest level since December 2021. This rally was fueled by a combination of rising investor enthusiasm surrounding inflows from spot Bitcoin exchange-traded funds (ETFs) and the anticipated Bitcoin halving event in April.\nThe price leap saw Bitcoin reach a session high of $50,188, marking a remarkable 4% gain in a single day. This two-month high arrives just ahead of the halving, where the number of new BTC rewards generated every block gets cut in half, potentially impacting supply and demand dynamics.\nThe surge in investor optimism is further fueled by the growing popularity of spot Bitcoin ETFs. These investment vehicles offer exposure to the leading cryptocurrency without the complexities of directly holding it. Over the past week, spot Bitcoin ETFs attracted a staggering $1.1 billion in inflows, pushing their total assets under management to $59 billion.\nWhile the Grayscale Bitcoin Trust, a traditional investment vehicle for institutional investors, continues to experience outflows, the rise of spot ETFs signifies a potential shift in investment preferences. Looking ahead, many investors anticipate further price appreciation in the lead-up to the halving event, driven by the potential for supply constraints.', 'Bitcoin (BTC) surged past the $50,000 mark on February 12, reaching its highest level since December 2021. This rally was fueled by a combination of rising investor enthusiasm surrounding inflows from spot Bitcoin exchange-traded funds (ETFs) and the anticipated Bitcoin halving event in April.\nThe price leap saw Bitcoin reach a session high of $50,188, marking a remarkable 4% gain in a single day. This two-month high arrives just ahead of the halving, where the number of new BTC rewards generated every block gets cut in half, potentially impacting supply and demand dynamics.\nThe surge in investor optimism is further fueled by the growing popularity of spot Bitcoin ETFs. These investment vehicles offer exposure to the leading cryptocurrency without the complexities of directly holding it. Over the past week, spot Bitcoin ETFs attracted a staggering $1.1 billion in inflows, pushing their total assets under management to $59 billion.\nWhile the Grayscale Bitcoin Trust, a traditional investment vehicle for institutional investors, continues to experience outflows, the rise of spot ETFs signifies a potential shift in investment preferences. Looking ahead, many investors anticipate further price appreciation in the lead-up to the halving event, driven by the potential for supply constraints.', 'The competition for the first spot Ethereum (ETH) exchange-traded fund (ETF) intensifies with seasoned Wall Street player Franklin Templeton entering the fray. The firmfiledan application with the Securities and Exchange Commission (SEC) today, seeking approval for a fund directly tracking ETH.\nThis move by Franklin Templeton, managing a whopping $1.4 trillion in assets, signifies growing institutional interest in Ethereum, the second-largest cryptocurrency by market capitalization. Their proposed "Franklin Ethereum Trust" would hold ETH and explore the possibility of "staking" a portion of the fund\'s assets.\nStaking involves locking ETH to help secure the Ethereum network and earn rewards in the process. However, staking remains a contentious issue, with regulators like the SEC fining major crypto companies for offering unregistered securities through staking services.\nThis development follows the January approval of 10 spot Bitcoin ETFs, marking a historic moment for cryptocurrency integration into traditional financial markets. These Bitcoin ETFs allow investors to gain exposure without directly owning or managing the digital asset. Franklin Templeton isn\'t alone in seeking an ETH ETF. Industry giants like BlackRock, Grayscale, and VanEck have also submitted proposals.', "Chinese crypto mining companies are finding a new haven in Ethiopia, drawn by the country's low-cost hydropower and favorable climate,accordingto a recent Bloomberg report. This migration comes as China cracked down on crypto mining in 2021, forcing companies to seek alternative locations.\nWhile Ethiopia officially bans cryptocurrency trading, it legalized Bitcoin mining in 2022, opening the door for Chinese investment. Bloomberg's investigation revealed that 19 out of 21 companie **Last 60 Days of Bitcoin's Closing Prices:** [41929.76, 42240.12, 41364.66, 42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-02-13 **Financial & Commodity Data:** - Gold Closing Price: $1992.90 - Crude Oil Closing Price: $77.87 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $984,770,926,875 - Hash Rate: 506686456.4559378 - Transaction Count: 313178.0 - Unique Addresses: 589286.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: - Record BTC Production of 1,853 BTC in December and12,852 BTCin 2023 - Increased Average Operational Hash Rate 18% M/M to 22.4 EH/s - BTC Holdings Now Over 15,000, Total Cash & BTC of $1.0B as of December 31, 2023 Fort Lauderdale, FL, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc.(NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, today published unaudited bitcoin (“BTC”) production and miner installation updates for December 2023. Management Commentary“In December, we increased our energized hash rate 4% to 24.7 exahashes and extended our lead as the largest publicly traded bitcoin miner in North America,” said Fred Thiel, Marathon’s chairman and CEO. “We continue to target 30% growth in energized hash rate in 2024 and with the recently announced acquisition of the two sites from Generate Capital, which is expected to close in January 2024, we expect to reach 50 exahashes in the next 18 to 24 months. “Outside the US, progress continued in Abu Dhabi where we now have 2.7 exahashes online. This total includes over 13,000 rigs energized at our second, larger facility in Masdar City, and the remaining 4.4 exahashes are still expected to be online in January 2024. Our new joint venture in Paraguay also continued to energize, reaching 0.3 exahash with 2,110 miners now online. We continue to expect the full 1.1 exahashes to be online by early Q2 2024. “Hash rate growth and continued efficiency gains helped grow average operational hash rate* by 18% to 21.9 exahashes or 22.4 exahashes including our share of the joint ventures. This helped drive record bitcoin production as Marathon mined 1,853 BTC in December, up 56% from November, and 290% year-over-year. We believe this to be the highest monthly total ever recorded by a public bitcoin mining company. “Significantly higher transaction fees helped December’s Bitcoin production grow much faster than average operational hash rate. For the month, MaraPool collected more than 380 BTC in transaction fees or 22% of BTC production, up from 12% of production last month. Our success in capturing the sizable transaction fees currently available to miners is directly related to owning and operating our own pool and represents a key competitive advantage of our vertically integrated tech stack. “The recently announced acquisition of the sites in Granbury, TX and Kearney, NE, which is expected to close in January 2024, is expected to improve our cost structure and increase our near-term growth potential. This transaction is on track to close in mid-January and with new miners already on order, we expect to be able to quickly fill available capacity. We look forward to sharing more details on the integration strategy and financial impact after the deal has closed.” Operational Highlights and Updates Figure 1: Operational Highlights* [["Bitcoin Produced", "", "", "1,853", "", "", "", "475", "", "", "", "290", "%", "", "", "1,853", "", "", "", "1,187", "", "", "", "56", "%"], ["Average Bitcoin Produced per Day", "", "", "59.8", "", "", "", "15.3", "", "", "", "290", "%", "", "", "59.8", "", "", "", "39.6", "", "", "", "51", "%"], ["Share of Available Miner Rewards1", "", "", "5.1", "%", "", "", "1.7", "%", "", "", "197", "%", "", "", "5.1", "%", "", "", "3.6", "%", "", "", "40", "%"], ["Number of Blocks Won5", "", "", "222", "", "", "", "70", "", "", "", "217", "%", "", "", "222", "", "", "", "159", "", "", "", "40", "%"], ["Transaction Fees as % of Total5", "", "", "21.8", "%", "", "", "2.0", "%", "", "", "991", "%", "", "", "21.8", "%", "", "", "12.1", "%", "", "", "80", "%"], ["Energized Hash Rate (EH/s)2", "", "", "24.7", "", "", "", "7.0", "", "", "", "253", "%", "", "", "24.7", "", "", "", "23.7", "", "", "", "4", "%"], ["Avg Operational Hash Rate (EH/s)3", "", "", "22.4", "", "", "", "NA", "", "", "", "", "", "", "", "22.4", "", "", "", "19.0", "", "", "", "18", "%"], ["Installed Hash Rate (EH/s)4", "", "", "25.2", "", "", "", "7.0", "", "", "", "260", "%", "", "", "25.2", "", "", "", "23.2", "", "", "", "9", "%"], ["1. Defined as the total amount of block rewards including transaction fees that Marathon earned during the period divided by the total amount of block rewards and transaction fees awarded by the Bitcoin network during the period."], ["2. Defined as the amount of hash rate that could theoretically be generated if all miners that have been energized are currently in operation including miners that may be temporarily offline. Hash rates are estimates based on the manufacturers' specifications. All figures are rounded."], ["3. Defined as the average hash rate that was actually generated during the month from all operational miners. All figures are estimates and are rounded."], ["4. Defined as the sum of energized hash rate (see above) and hash rate that has been installed but not yet energized. Hash rates are estimates based on the manufacturers' specifications. All figures are rounded."], ["5. These metrics are MaraPool only, do not include the joint ventures"]] In December, approximately 8,900 of Marathon’s Bitcoin miners (c. 0.7 EH/s) were energized at Applied Digital’s facility in Garden City, Texas. This energization helped increase the Company’s operating fleet* by 7% to approximately 199,200 Bitcoin miners, theoretically capable of producing approximately 24.7 EH/s, according to the manufacturer’s specifications as of December 1, 2023. The Company’s average fleet efficiency*, based on manufacturers’ specifications, was 24.5 J/TH (joules per terahash) as of January 1, 2024. Figure 2: Operational Details by Site [["Site", "", "State", "", "", "Host", "", "Dec 2023", "", "", "Nov 2023", "", "", "Dec 2023", "", "", "Nov 2023", "", "", "Dec 2023", "", "", "Nov 2023", "", "", "Dec 2023", "", "", "Nov 2023", ""], ["McCamey", "", "", "TX", "", "", "US Bitcoin", "", "", "7.7", "", "", "", "7.7", "", "", "", "7.7", "", "", "", "7.7", "", "", "", "7.1", "", "", "", "6.9", "", "", "", "92", "%", "", "", "90", "%"], ["Ellendale", "", "", "ND", "", "", "Applied", "", "", "7.8", "", "", "", "7.8", "", "", "", "7.8", "", "", "", "7.8", "", "", "", "7.4", "", "", "", "7.0", "", "", "", "95", "%", "", "", "90", "%"], ["Garden City", "", "", "TX", "", "", "Applied", "", "", "4.5", "", "", "", "4.1", "", "", "", "4.5", "", "", "", "4.0", "", "", "", "3.6", "", "", "", "1.3", "", "", "", "80", "%", "", "", "33", "%"], ["Granbury", "", "", "TX", "", "", "US Bitcoin", "", "", "1.9", "", "", "", "1.9", "", "", "", "1.9", "", "", "", "1.9", "", "", "", "1.9", "", "", "", "1.7", "", "", "", "99", "%", "", "", "89", "%"], ["Jamestown", "", "", "ND", "", "", "Applied", "", "", "1.4", "", "", "", "1.4", "", "", "", "1.4", "", "", "", "1.4", "", "", "", "1.2", "", "", "", "1.4", "", "", "", "86", "%", "", "", "96", "%"], ["All Other", "", "", "", "", "", "Various", "", "", "1.4", "", "", "", "0.9", "", "", "", "1.4", "", "", "", "0.9", "", "", "", "1.3", "", "", "", "0.8", "", "", "", "88", "%", "", "", "88", "%"], ["Total", "", "", "", "", "", "", "", "", "24.7", "", "", "", "23.8", "", "", "", "24.7", "", "", "", "23.7", "", "", "", "22.4", "", "", "", "19.1", "", "", "", "91", "%", "", "", "80", "%"]] Marathon and its hosting provider further increased uptime in McCamey, TX from 90% in November to 92% in December. These improvements helped grow average operational hash rate at this facility by 2% to 7.1 EH/s. The Company is continuing to optimize its operations to maximize efficiency and lower operating costs. Financial Highlights and Updates Figure 3: Financial Highlights [["Metric", "", "12/31/2023", "", "", "12/31/2022", "", "", "% \u0394", "", "", "12/31/2023", "", "", "11/30/2023", "", "", "% \u0394", ""], ["Total Cash, Cash Equivalents, & Restricted Cash ($, in millions)", "", "", "356.8", "", "", "", "112.5", "", "", "", "217", "%", "", "", "356.8", "", "", "", "273.1", "", "", "", "31", "%"], ["Unrestricted Cash", "", "", "356.8", "", "", "", "103.7", "", "", "", "244", "%", "", "", "356.8", "", "", "", "273.1", "", "", "", "31", "%"], ["Restricted Cash", "", "", "0.0", "", "", "", "8.8", "", "", "", "-100", "%", "", "", "0.0", "", "", "", "0.0", "", "", "", "NA", ""], ["Total BTC Holdings (in whole numbers)", "", "", "15,174", "", "", "", "12,232", "", "", "", "24", "%", "", "", "15,174", "", "", "", "14,025", "", "", "", "8", "%"], ["Unrestricted BTC Holdings", "", "", "15,174", "", "", "", "7,816", "", "", "", "94", "%", "", "", "15,174", "", "", "", "14,025", "", "", "", "8", "%"], ["Restricted BTC Holdings", "", "", "0", "", "", "", "4,416", "", "", "", "-100", "%", "", "", "0", "", "", "", "0", "", "", "", "NA", ""], ["Pledged BTC Holdings", "", "", "0", "", "", "", "0", "", "", "", "NA", "", "", "", "0", "", "", "", "0", "", "", "", "NA", ""]] As of December 31, the Company holds a total of 15,174 unrestricted BTC. Marathon opted to sell 704 BTC or 38% of monthly production to cover operating expenses. The Company intends to sell a portion of its bitcoin holdings in future periods to support monthly operations, manage its treasury, and for general corporate purposes. Marathon held $356.8 million in cash and cash equivalents on its balance sheet at month end, all of which was unrestricted. During December, the combined balance of unrestricted cash and cash equivalents and bitcoin increased from $802.3 million to $998.5 million at December 31, 2023. In anticipation of the next Bitcoin network halving, the Company continues to build liquidity on the balance sheet to capitalize on strategic opportunities, including industry consolidation. The transaction to acquire two operating sites from Generate Capital is expected to close in January 2024 for approximately $178.6 million in cash to be paid from the Company’s balance sheet. * Beginning December 2023, the Company’s production reports now include the proportional share of international joint ventures (JVs) except where noted. Prior to December 2023, certain... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Top 10 Creations (All ETFs)\n[{"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "483.54", "AUM ($, mm)": "406,186.30", "AUM % Change": "0.12%"}, {"Ticker": "XLF", "Name": "Financial Select Sector SPDR Fund", "Net Flows ($, mm)": "466.95", "AUM ($, mm)": "36,568.72", "AUM % Change": "1.28%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "412.69", "AUM ($, mm)": "49,925.53", "AUM % Change": "0.83%"}, {"Ticker": "VCSH", "Name": "Vanguard Short-Term Corporate Bond ETF", "Net Flows ($, mm)": "293.03", "AUM ($, mm)": "36,409.83", "AUM % Change": "0.80%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "250.72", "AUM ($, mm)": "4,180.86", "AUM % Change": "6.00%"}, {"Ticker": "JAAA", "Name": "Janus Henderson AAA CLO ETF", "Net Flows ($, mm)": "221.94", "AUM ($, mm)": "6,491.63", "AUM % Change": "3.42%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "174.07", "AUM ($, mm)": "33,301.88", "AUM % Change": "0.52%"}, {"Ticker": "XLC", "Name": "Communication Services Select Sector SPDR Fund", "Net Flows ($, mm)": "162.35", "AUM ($, mm)": "17,549.30", "AUM % Change": "0.93%"}, {"Ticker": "SMH", "Name": "VanEck Semiconductor ETF", "Net Flows ($, mm)": "142.72", "AUM ($, mm)": "14,688.56", "AUM % Change": "0.97%"}, {"Ticker": "ARKB", "Name": "ARK 21Shares Bitcoin ETF", "Net Flows ($, mm)": "136.46", "AUM ($, mm)": "1,021.88", "AUM % Change": "13.35%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-3,659.31", "AUM ($, mm)": "486,854.43", "AUM % Change": "-0.75%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "-1,226.42", "AUM ($, mm)": "368,729.92", "AUM % Change": "-0.33%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "-306.02", "AUM ($, mm)": "252,399.52", "AUM % Change": "-0.12%"}, {"Ticker": "TFLO", "Name": "iShares Treasury Floating Rate Bond ETF", "Net Flows ($, mm)": "-293.11", "AUM ($, mm)": "9,040.91", "AUM % Change": "-3.24%"}, {"Ticker": "VB", "Name": "Vanguard Small-Cap ETF", "Net Flows ($, mm)": "-186.28", "AUM ($, mm)": "51,448.51", "AUM % Change": "-0.36%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "-176.29", "AUM ($, mm)": "435,416.56", "AUM % Change": "-0.04%"}, {"Ticker": "XLP", "Name": "Consumer Staples Select Sector SPDR Fund", "Net Flows ($, mm)": "-171.86", "AUM ($, mm)": "15,615.36", "AUM % Change": "-1.10%"}, {"Ticker": "TQQQ", "Name": "ProShares UltraPro QQQ", "Net Flows ($, mm)": "-168.96", "AUM ($, mm)": "22,378.35", "AUM % Change": "-0.76%"}, {"Ticker": "IVW", "Name": "iShares S&P 500 Growth ETF", "Net Flows ($, mm)": "-168.40", "AUM ($, mm)": "38,120.94", "AUM % Change": "-0.44%"}, {"Ticker": "XBI", "Name": "SPDR S&P Biotech ETF", "Net Flows ($, mm)": "-147.95", "AUM ($, mm)": "6,956.12", "AUM % Change": "-2.13%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "2.32", "AUM ($, mm)": "6,887.25", "% of AUM": "0.03%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "5.85", "AUM ($, mm)": "17,095.53", "% of AUM": "0.03%"}, {"": "Commodities", "Net Flows ($, mm)": "23.74", "AUM ($, mm)": "124,432.81", "% of AUM": "0.02%"}, {"": "Currency", "Net Flows ($, mm)": "428.78", "AUM ($, mm)": "35,769.62", "% of AUM": "1.20%"}, {"": "International Equity", "Net Flows ($, mm)": "151.15", "AUM ($, mm)": "1,376,749.47", "% of AUM": "0.01%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "504.11", "AUM ($, mm)": "173,452.86", "% of AUM": "0.29%"}, {"": "Inverse", "Net Flows ($, mm)": "-220.00", "AUM ($, mm)": "13,868.72", "% of AUM": "-1.59%"}, {"": "Leveraged", "Net Flows ($, mm)": "-425.53", "AUM ($, mm)": "89,058.47", "% of AUM": "-0.48%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-4,888.61", "AUM ($, mm)": "5,173,463.78", "% of AUM": "-0.09%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "876.82", "AUM ($, mm)": "1,361,308.40", "% of AUM": "0.06%"}, {"": "Total:", "Net Flows ($, mm)": "-3,541.37", "AUM ($, mm)": "8,372,086.90", "% of AUM": "-0.04%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'With the price of bitcoin now well over $49,000 and other crypto assets rising, traders have entered a period of “extreme greed,” according to awell-known indexmeasuring market sentiment.\nThe Fear & Greed Index, published by data sourcealternative.me, measures market enthusiasm for bitcoin and other prominent digital assets. The last time the index reached a score of 79 out of 100 was when bitcoin hit its all-time high around $69,000 in November 2021.\n“When investors are getting too greedy, that means the market is due for a correction,” saidalternative.meon its website.\nIt’s an axiom of the market that savvy traders prefer buying when the index shows extreme fear, and that they become more cautious when greed is higher. But, of course, that might not be the case.\nThe index has been routinely above 70 (the threshold for “greed”) since October last year. It fell as low as 50 following the approval of bitcoin ETFs in January, which initially turned out to be a “sell-the-news” event.\nBitcoin has more than doubled in price in the last 12 months. A year ago today, one coin was worth as little as $21,000 and yesterday the price briefly rose above $50,000. The price has retreated a hair to $49,400 at press time.', 'With the price of bitcoin now well over $49,000 and other crypto assets rising, traders have entered a period of “extreme greed,” according to awell-known indexmeasuring market sentiment.\nThe Fear & Greed Index, published by data sourcealternative.me, measures market enthusiasm for bitcoin and other prominent digital assets. The last time the index reached a score of 79 out of 100 was when bitcoin hit its all-time high around $69,000 in November 2021.\n“When investors are getting too greedy, that means the market is due for a correction,” saidalternative.meon its website.\nIt’s an axiom of the market that savvy traders prefer buying when the index shows extreme fear, and that they become more cautious when greed is higher. But, of course, that might not be the case.\nThe index has been routinely above 70 (the threshold for “greed”) since October last year. It fell as low as 50 following the approval of bitcoin ETFs in January, which initially turned out to be a “sell-the-news” event.\nBitcoin has more than doubled in price in the last 12 months. A year ago today, one coin was worth as little as $21,000 and yesterday the price briefly rose above $50,000. The price has retreated a hair to $49,400 at press time.', "Robinhood Markets(NASDAQ: HOOD)Q4 2023 Earnings CallFeb 13, 2024,5:00 p.m. ET\n• Prepared Remarks\n• Questions and Answers\n• Call Participants\nOperator\nThank you for standing by, and welcome to the Robinhood Markets Fourth Quarter and Full Year 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator instructions] As a reminder, today's program is being recorded.\nAnd now I'd like to introduce your host for today's program, Chris Koegel, vice president of corporate FP&A and investor relations. Please go ahead.\nChris Koegel--Vice President, Corporate FP&A and Investor Relations\nAll right. Thank you, Jonathan, and thank you to everyone for joining Robinhood's Q4 earnings call. With us today are our CEO and co-founder, Vlad Tenev; and CFO, Jason Warnick. Before getting started, I want to remind you that today's call will contain forward-looking statements.\nActual results could differ materially from our expectations, and we have no duty to provide updates unless legally required. Potential risk factors that could cause differences, including regulatory developments that we continue to monitor, are described in the press release we issued today, the earnings presentation, and our SEC filings all of which can be found at investors.robinhood.com. Today's discussion will also include non-GAAP financial measures. Reconciliation to the GAAP results we consider most comparable can be found in the earnings presentation.\nShould you invest $1,000 in Robinhood Markets right now?\nBefore you buy stock in Robinhood Markets, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Robinhood Markets wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002*.\nSee the 10 stocks\n*Stock Advisor returns as of February 12, 2024\nWith that, let me turn it over to Vlad.\nVlad Tenev--Co-Founder and Chief Executive Officer\nThanks, Chris. Hi, everyone. We're going to try something a little bit different today. I'm going to keep my remarks brief so that we can spend more time on Q&A.\nRobinhood is focused on three things: number one, winning the active trader market; two, increasing wallet share as we deepen relationships with our customers and three, expanding internationally. I, first off, want to congratulate our team for a strong 2023. Trading market share was up 14% for equities and 19% for options year over year. Gold subscribers were up 25% to $1.4 million, and assets under custody exceeded $100 billion, fueled by the strength of our 27% organic growth in net deposits.\nAnd we've launched brokerage in the U.K. and crypto in the EU. A coup **Last 60 Days of Bitcoin's Closing Prices:** [42240.12, 41364.66, 42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-14 **Financial & Commodity Data:** - Gold Closing Price: $1990.30 - Crude Oil Closing Price: $76.64 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $997,253,012,388 - Hash Rate: 521699388.4990767 - Transaction Count: 296717.0 - Unique Addresses: 586548.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: After approval from the Securities Exchange Commission, and their subsequent launch on Jan. 11, spot bitcoin ETFs fell 15% over their first nine trading days, as measured by theiShares Bitcoin Trust ETF (IBIT). Through Jan. 29, IBIT’s price was more than 10% higher than its post-launch low. Will IBIT and the other new spot bitcoin exchange-traded funds continue their march higher? Bitcoin’s price isn’t known for moving in a straight line, but there are multiple factors that support higher prices for BTC in 2024, lifting the ETFs that track it. A contributing factor to the post-launch decline in the value of spot bitcoin ETFs was the heavy outflows from theGrayscale Bitcoin Trust (GBTC). While outflows are still occurring for GBTC, they’ve slowed significantly, and in response, the price of spot bitcoin ETFs like IBIT have risen more than 10%. Through Jan. 26, total outflows from GBTC reached $5 billion, most of which was profit-taking after its conversion to a spot bitcoin ETF following years of trading as a closed-end fund at a discount to net asset value. Investors aiming for an arbitrage trade bought GBTC at steep discounts last year expecting to profit by selling at par after the fund converted to a spot bitcoin ETF. The largest known example of GBTC outflows came from the FTX estate, which sold approximately $1 billion of GBTC shares to pay its creditors. The crypto exchange giant filed for Chapter 11 bankruptcy protection in November 2022 amid balance sheet irregularities that eventually led to the conviction of its CEO,Sam Bankman-Fried, for defrauding customers. Bitcoin, the best known and largest cryptocurrency by market capitalization, has historically performed well after each halving (also called a halvening). If you’re new to crypto,bitcoin halvingsin the Bitcoin network occur every four years. The halving process is designed to control the supply of new bitcoins and gradually reduce the rate at which new coins are introduced into circulation. Bitcoin’s history has included three halvings, which have all spurred a similar pattern of substantial rallies leading up to the event followed by brief price corrections and then more significant surges. For example, bitcoin rose above $1,000 for the first time about seven months after the 2016 halving from 25 to 12.5 bitcoin, and hit an all-time high above $69,000 after the 2020 halving to 6.25 bitcoin, according to CoinGecko, a crypto data platform. What’s important for investors to remember is that price volatility is to be expected leading up to and following the halving event. Technical indicators point to higher prices for bitcoin in the months ahead. Bitcoin's price is primarily driven by supply and demand in the cryptocurrency market, and not traditional valuation metrics like P/E ratio, making technical analysis useful to visualize historical price movements and identify potential support and resistance levels. For example, 10x Research’s Founder Markus Thielen, whocorrectly predictedbitcoin’s decline to $38,000,correctly forecastin a note Monday that BTC would reach $43,000, which was crossed this week. Thielen’s bullish view is based on the Elliot Wave theory, in which the market moves in a repeating five-wave patterns, like surfing an ocean swell, with corrections in between. According to Thielen, bitcoin has been in a five-wave bullish pattern since early last year, and wave five has begun, potentially taking BTC’s price above $50,000. Google recentlyannouncedthat advertisers offering “Cryptocurrency Coin Trust targeting the United States may advertise those products and services” beginning last Monday. In the announcement, Google further defined the products and services as those “that allow investors to trade shares in trusts holding large pools of digital currency,” which would include spot bitcoin ETFs. While the ability to advertise a spot bitcoin ETF on Google does not automatically ensure that the new spot funds will rise in value, it does underscore the legitimacy of the investment product and will certainly raise its awareness to the mainstream public. Bitcoin whales are individuals or entities holding massive amounts of bitcoin, giving them the potential to significantly influence the market through their buying and selling activities. These large investors haveaccumulated $3 billionin bitcoin this month, according to data tracked by on-chain analytics firmIntoTheBlock. With the SEC approving11 spot bitcoin ETFsin January 2024, it opened a significant new avenue for investor access to bitcoin with a familiar, regulated ETF structure. This could lead to a rise in institutional and retail investment, increasing demand and prices. Other factors, including the highly anticipated halving, could also support higher prices for the cryptocurrency. Investors should remember that bitcoin is a speculative investment security with high potential for wide price swings. Therefore, diversification is crucial, and investors are encouraged to conduct thorough research and assess their risk tolerance before investing in any ETF. If an investor decides to buy shares, they should consider allocating only a portion of their portfolio to a spot bitcoin ETF. Permalink| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Top 10 Creations (All ETFs)\n[{"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "483.54", "AUM ($, mm)": "406,186.30", "AUM % Change": "0.12%"}, {"Ticker": "XLF", "Name": "Financial Select Sector SPDR Fund", "Net Flows ($, mm)": "466.95", "AUM ($, mm)": "36,568.72", "AUM % Change": "1.28%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "412.69", "AUM ($, mm)": "49,925.53", "AUM % Change": "0.83%"}, {"Ticker": "VCSH", "Name": "Vanguard Short-Term Corporate Bond ETF", "Net Flows ($, mm)": "293.03", "AUM ($, mm)": "36,409.83", "AUM % Change": "0.80%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "250.72", "AUM ($, mm)": "4,180.86", "AUM % Change": "6.00%"}, {"Ticker": "JAAA", "Name": "Janus Henderson AAA CLO ETF", "Net Flows ($, mm)": "221.94", "AUM ($, mm)": "6,491.63", "AUM % Change": "3.42%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "174.07", "AUM ($, mm)": "33,301.88", "AUM % Change": "0.52%"}, {"Ticker": "XLC", "Name": "Communication Services Select Sector SPDR Fund", "Net Flows ($, mm)": "162.35", "AUM ($, mm)": "17,549.30", "AUM % Change": "0.93%"}, {"Ticker": "SMH", "Name": "VanEck Semiconductor ETF", "Net Flows ($, mm)": "142.72", "AUM ($, mm)": "14,688.56", "AUM % Change": "0.97%"}, {"Ticker": "ARKB", "Name": "ARK 21Shares Bitcoin ETF", "Net Flows ($, mm)": "136.46", "AUM ($, mm)": "1,021.88", "AUM % Change": "13.35%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-3,659.31", "AUM ($, mm)": "486,854.43", "AUM % Change": "-0.75%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "-1,226.42", "AUM ($, mm)": "368,729.92", "AUM % Change": "-0.33%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "-306.02", "AUM ($, mm)": "252,399.52", "AUM % Change": "-0.12%"}, {"Ticker": "TFLO", "Name": "iShares Treasury Floating Rate Bond ETF", "Net Flows ($, mm)": "-293.11", "AUM ($, mm)": "9,040.91", "AUM % Change": "-3.24%"}, {"Ticker": "VB", "Name": "Vanguard Small-Cap ETF", "Net Flows ($, mm)": "-186.28", "AUM ($, mm)": "51,448.51", "AUM % Change": "-0.36%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "-176.29", "AUM ($, mm)": "435,416.56", "AUM % Change": "-0.04%"}, {"Ticker": "XLP", "Name": "Consumer Staples Select Sector SPDR Fund", "Net Flows ($, mm)": "-171.86", "AUM ($, mm)": "15,615.36", "AUM % Change": "-1.10%"}, {"Ticker": "TQQQ", "Name": "ProShares UltraPro QQQ", "Net Flows ($, mm)": "-168.96", "AUM ($, mm)": "22,378.35", "AUM % Change": "-0.76%"}, {"Ticker": "IVW", "Name": "iShares S&P 500 Growth ETF", "Net Flows ($, mm)": "-168.40", "AUM ($, mm)": "38,120.94", "AUM % Change": "-0.44%"}, {"Ticker": "XBI", "Name": "SPDR S&P Biotech ETF", "Net Flows ($, mm)": "-147.95", "AUM ($, mm)": "6,956.12", "AUM % Change": "-2.13%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "2.32", "AUM ($, mm)": "6,887.25", "% of AUM": "0.03%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "5.85", "AUM ($, mm)": "17,095.53", "% of AUM": "0.03%"}, {"": "Commodities", "Net Flows ($, mm)": "23.74", "AUM ($, mm)": "124,432.81", "% of AUM": "0.02%"}, {"": "Currency", "Net Flows ($, mm)": "428.78", "AUM ($, mm)": "35,769.62", "% of AUM": "1.20%"}, {"": "International Equity", "Net Flows ($, mm)": "151.15", "AUM ($, mm)": "1,376,749.47", "% of AUM": "0.01%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "504.11", "AUM ($, mm)": "173,452.86", "% of AUM": "0.29%"}, {"": "Inverse", "Net Flows ($, mm)": "-220.00", "AUM ($, mm)": "13,868.72", "% of AUM": "-1.59%"}, {"": "Leveraged", "Net Flows ($, mm)": "-425.53", "AUM ($, mm)": "89,058.47", "% of AUM": "-0.48%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-4,888.61", "AUM ($, mm)": "5,173,463.78", "% of AUM": "-0.09%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "876.82", "AUM ($, mm)": "1,361,308.40", "% of AUM": "0.06%"}, {"": "Total:", "Net Flows ($, mm)": "-3,541.37", "AUM ($, mm)": "8,372,086.90", "% of AUM": "-0.04%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'With the price of bitcoin now well over $49,000 and other crypto assets rising, traders have entered a period of “extreme greed,” according to awell-known indexmeasuring market sentiment.\nThe Fear & Greed Index, published by data sourcealternative.me, measures market enthusiasm for bitcoin and other prominent digital assets. The last time the index reached a score of 79 out of 100 was when bitcoin hit its all-time high around $69,000 in November 2021.\n“When investors are getting too greedy, that means the market is due for a correction,” saidalternative.meon its website.\nIt’s an axiom of the market that savvy traders prefer buying when the index shows extreme fear, and that they become more cautious when greed is higher. But, of course, that might not be the case.\nThe index has been routinely above 70 (the threshold for “greed”) since October last year. It fell as low as 50 following the approval of bitcoin ETFs in January, which initially turned out to be a “sell-the-news” event.\nBitcoin has more than doubled in price in the last 12 months. A year ago today, one coin was worth as little as $21,000 and yesterday the price briefly rose above $50,000. The price has retreated a hair to $49,400 at press time.', 'With the price of bitcoin now well over $49,000 and other crypto assets rising, traders have entered a period of “extreme greed,” according to awell-known indexmeasuring market sentiment.\nThe Fear & Greed Index, published by data sourcealternative.me, measures market enthusiasm for bitcoin and other prominent digital assets. The last time the index reached a score of 79 out of 100 was when bitcoin hit its all-time high around $69,000 in November 2021.\n“When investors are getting too greedy, that means the market is due for a correction,” saidalternative.meon its website.\nIt’s an axiom of the market that savvy traders prefer buying when the index shows extreme fear, and that they become more cautious when greed is higher. But, of course, that might not be the case.\nThe index has been routinely above 70 (the threshold for “greed”) since October last year. It fell as low as 50 following the approval of bitcoin ETFs in January, which initially turned out to be a “sell-the-news” event.\nBitcoin has more than doubled in price in the last 12 months. A year ago today, one coin was worth as little as $21,000 and yesterday the price briefly rose above $50,000. The price has retreated a hair to $49,400 at press time.', "Robinhood Markets(NASDAQ: HOOD)Q4 2023 Earnings CallFeb 13, 2024,5:00 p.m. ET\n• Prepared Remarks\n• Questions and Answers\n• Call Participants\nOperator\nThank you for standing by, and welcome to the Robinhood Markets Fourth Quarter and Full Year 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator instructions] As a reminder, today's program is being recorded.\nAnd now I'd like to introduce your host for today's program, Chris Koegel, vice president of corporate FP&A and investor relations. Please go ahead.\nChris Koegel--Vice President, Corporate FP&A and Investor Relations\nAll right. Thank you, Jonathan, and thank you to everyone for joining Robinhood's Q4 earnings call. With us today are our CEO and co-founder, Vlad Tenev; and CFO, Jason Warnick. Before getting started, I want to remind you that today's call will contain forward-looking statements.\nActual results could differ materially from our expectations, and we have no duty to provide updates unless legally required. Potential risk factors that could cause differences, including regulatory developments that we continue to monitor, are described in the press release we issued today, the earnings presentation, and our SEC filings all of which can be found at investors.robinhood.com. Today's discussion will also include non-GAAP financial measures. Reconciliation to the GAAP results we consider most comparable can be found in the earnings presentation.\nShould you invest $1,000 in Robinhood Markets right now?\nBefore you buy stock in Robinhood Markets, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Robinhood Markets wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002*.\nSee the 10 stocks\n*Stock Advisor returns as of February 12, 2024\nWith that, let me turn it over to Vlad.\nVlad Tenev--Co-Founder and Chief Executive Officer\nThanks, Chris. Hi, everyone. We're going to try something a little bit different today. I'm going to keep my remarks brief so that we can spend more time on Q&A.\nRobinhood is focused on three things: number one, winning the active trader market; two, increasing wallet share as we deepen relationships with our customers and three, expanding internationally. I, first off, want to congratulate our team for a strong 2023. Trading market share was up 14% for equities and 19% for options year over year. Gold subscribers were up 25% to $1.4 million, and assets under custody exceeded $100 billion, fueled by the strength of our 27% organic growth in net deposits.\nAnd we've launched brokerage in the U.K. and crypto in the EU. A coup **Last 60 Days of Bitcoin's Closing Prices:** [42240.12, 41364.66, 42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-02-14 **Financial & Commodity Data:** - Gold Closing Price: $1990.30 - Crude Oil Closing Price: $76.64 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $997,253,012,388 - Hash Rate: 521699388.4990767 - Transaction Count: 296717.0 - Unique Addresses: 586548.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: After approval from the Securities Exchange Commission, and their subsequent launch on Jan. 11, spot bitcoin ETFs fell 15% over their first nine trading days, as measured by theiShares Bitcoin Trust ETF (IBIT). Through Jan. 29, IBIT’s price was more than 10% higher than its post-launch low. Will IBIT and the other new spot bitcoin exchange-traded funds continue their march higher? Bitcoin’s price isn’t known for moving in a straight line, but there are multiple factors that support higher prices for BTC in 2024, lifting the ETFs that track it. A contributing factor to the post-launch decline in the value of spot bitcoin ETFs was the heavy outflows from theGrayscale Bitcoin Trust (GBTC). While outflows are still occurring for GBTC, they’ve slowed significantly, and in response, the price of spot bitcoin ETFs like IBIT have risen more than 10%. Through Jan. 26, total outflows from GBTC reached $5 billion, most of which was profit-taking after its conversion to a spot bitcoin ETF following years of trading as a closed-end fund at a discount to net asset value. Investors aiming for an arbitrage trade bought GBTC at steep discounts last year expecting to profit by selling at par after the fund converted to a spot bitcoin ETF. The largest known example of GBTC outflows came from the FTX estate, which sold approximately $1 billion of GBTC shares to pay its creditors. The crypto exchange giant filed for Chapter 11 bankruptcy protection in November 2022 amid balance sheet irregularities that eventually led to the conviction of its CEO,Sam Bankman-Fried, for defrauding customers. Bitcoin, the best known and largest cryptocurrency by market capitalization, has historically performed well after each halving (also called a halvening). If you’re new to crypto,bitcoin halvingsin the Bitcoin network occur every four years. The halving process is designed to control the supply of new bitcoins and gradually reduce the rate at which new coins are introduced into circulation. Bitcoin’s history has included three halvings, which have all spurred a similar pattern of substantial rallies leading up to the event followed by brief price corrections and then more significant surges. For example, bitcoin rose above $1,000 for the first time about seven months after the 2016 halving from 25 to 12.5 bitcoin, and hit an all-time high above $69,000 after the 2020 halving to 6.25 bitcoin, according to CoinGecko, a crypto data platform. What’s important for investors to remember is that price volatility is to be expected leading up to and following the halving event. Technical indicators point to higher prices for bitcoin in the months ahead. Bitcoin's price is primarily driven by supply and demand in the cryptocurrency market, and not traditional valuation metrics like P/E ratio, making technical analysis useful to visualize historical price movements and identify potential support and resistance levels. For example, 10x Research’s Founder Markus Thielen, whocorrectly predictedbitcoin’s decline to $38,000,correctly forecastin a note Monday that BTC would reach $43,000, which was crossed this week. Thielen’s bullish view is based on the Elliot Wave theory, in which the market moves in a repeating five-wave patterns, like surfing an ocean swell, with corrections in between. According to Thielen, bitcoin has been in a five-wave bullish pattern since early last year, and wave five has begun, potentially taking BTC’s price above $50,000. Google recentlyannouncedthat advertisers offering “Cryptocurrency Coin Trust targeting the United States may advertise those products and services” beginning last Monday. In the announcement, Google further defined the products and services as those “that allow investors to trade shares in trusts holding large pools of digital currency,” which would include spot bitcoin ETFs. While the ability to advertise a spot bitcoin ETF on Google does not automatically ensure that the new spot funds will rise in value, it does underscore the legitimacy of the investment product and will certainly raise its awareness to the mainstream public. Bitcoin whales are individuals or entities holding massive amounts of bitcoin, giving them the potential to significantly influence the market through their buying and selling activities. These large investors haveaccumulated $3 billionin bitcoin this month, according to data tracked by on-chain analytics firmIntoTheBlock. With the SEC approving11 spot bitcoin ETFsin January 2024, it opened a significant new avenue for investor access to bitcoin with a familiar, regulated ETF structure. This could lead to a rise in institutional and retail investment, increasing demand and prices. Other factors, including the highly anticipated halving, could also support higher prices for the cryptocurrency. Investors should remember that bitcoin is a speculative investment security with high potential for wide price swings. Therefore, diversification is crucial, and investors are encouraged to conduct thorough research and assess their risk tolerance before investing in any ETF. If an investor decides to buy shares, they should consider allocating only a portion of their portfolio to a spot bitcoin ETF. Permalink| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['On Valentine\'s Day, investors expressed their love for all things crypto by trading up -- substantially, in numerous cases -- the prices of digital coins and tokens, plus the securities of companies associated with digital money.\nLeading altcoinEthereum(CRYPTO: ETH)was a beneficiary, as it was sailing 5.4% higher in late afternoon trading. While that gain was impressive, it didn\'t hold a candle to crypto mining equipment specialistCanaan(NASDAQ: CAN), whose American Depositary Receipts (ADRs) closed the day almost 32% higher. Behind Canaan, minerTeraWulf(NASDAQ: WULF)rose by more than 12%.\nBitcoin(CRYPTO: BTC)is the world\'s first cryptocurrency, and a decade-and-a-half after its introduction it\'s still by far the most influential one. When it does well, more often than not other coins and tokens, plus cryptocurrency mining companies, tend to fall in lockstep.\nHappily for holders of those assets,Bitcoinwas quite the standout on Wednesday. After a bit of a slump Tuesday it again leapt the $50,000 mark, settling comfortably at just shy of $52,000 late in the day. The stream of investment intospot Bitcoin exchange-traded funds (ETFs)has shown no sign of ebbing, and what\'s good for those securities is grand for their foundational asset.\nOther factors are keeping the buy fire burning. Wednesday morning, online crypto news outlet Coindesk.com reported that European Union (E.U.) officials had drafted and circulated a document on an upcoming meeting of the E.U.\'s financial services committee. This event, scheduled to take place in April, will concern cryptocurrency regulation in the 27-country economic bloc.\nAccording to Coindesk, the paper outlines discussion points for the meeting. These include topics such as licensing and the implementation of the recently enacted Markets in Crypto Assets set of laws. Most intriguingly, there is mention of a digital euro; presumably this would be the "official" E.U.-wide cryptocurrency.\nThe E.U. document is only the latest in a string of indications that top regulators around the world are not only taking cryptos seriously, they are also accepting that these assets are part of the fabric of their economies. As these assets become more accepted and entrenched, we can also see markets like Europe adopting the latest crypto innovations.\nWhich leads to a question: Are spot crypto ETFs about to start being developed overseas too?\nI think it\'s more than likely. There\'s a curiosity and hunger for crypto around the world, yet a major stumbling block remains the software and tech know-how required to simply transact in coins and tokens. At a stroke, spot ETFs remove this requirement, as they are securities easily traded on exchanges. We are only at the beginning of the spot crypto ETF revolution.\nShould you invest $1,000 in Ethereum right now?\nBefore you buy stock in Ethereum, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002*.\nSee the 10 stocks\n*Stock Advisor returns as of February 12, 2024\nEric Volkmanhas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nWhy Altcoins and Crypto Mining Stocks Were on Fire Todaywas originally published by The Motley Fool', 'Top 10 Creations (All ETFs)\n[{"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "483.54", "AUM ($, mm)": "406,186.30", "AUM % Change": "0.12%"}, {"Ticker": "XLF", "Name": "Financial Select Sector SPDR Fund", "Net Flows ($, mm)": "466.95", "AUM ($, mm)": "36,568.72", "AUM % Change": "1.28%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "412.69", "AUM ($, mm)": "49,925.53", "AUM % Change": "0.83%"}, {"Ticker": "VCSH", "Name": "Vanguard Short-Term Corporate Bond ETF", "Net Flows ($, mm)": "293.03", "AUM ($, mm)": "36,409.83", "AUM % Change": "0.80%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "250.72", "AUM ($, mm)": "4,180.86", "AUM % Change": "6.00%"}, {"Ticker": "JAAA", "Name": "Janus Henderson AAA CLO ETF", "Net Flows ($, mm)": "221.94", "AUM ($, mm)": "6,491.63", "AUM % Change": "3.42%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "174.07", "AUM ($, mm)": "33,301.88", "AUM % Change": "0.52%"}, {"Ticker": "XLC", "Name": "Communication Services Select Sector SPDR Fund", "Net Flows ($, mm)": "162.35", "AUM ($, mm)": "17,549.30", "AUM % Change": "0.93%"}, {"Ticker": "SMH", "Name": "VanEck Semiconductor ETF", "Net Flows ($, mm)": "142.72", "AUM ($, mm)": "14,688.56", "AUM % Change": "0.97%"}, {"Ticker": "ARKB", "Name": "ARK 21Shares Bitcoin ETF", "Net Flows ($, mm)": "136.46", "AUM ($, mm)": "1,021.88", "AUM % Change": "13.35%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-3,659.31", "AUM ($, mm)": "486,854.43", "AUM % Change": "-0.75%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "-1,226.42", "AUM ($, mm)": "368,729.92", "AUM % Change": "-0.33%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "-306.02", "AUM ($, mm)": "252,399.52", "AUM % Change": "-0.12%"}, {"Ticker": "TFLO", "Name": "iShares Treasury Floating Rate Bond ETF", "Net Flows ($, mm)": "-293.11", "AUM ($, mm)": "9,040.91", "AUM % Change": "-3.24%"}, {"Ticker": "VB", "Name": "Vanguard Small-Cap ETF", "Net Flows ($, mm)": "-186.28", "AUM ($, mm)": "51,448.51", "AUM % Change": "-0.36%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "-176.29", "AUM ($, mm)": "435,416.56", "AUM % Change": "-0.04%"}, {"Ticker": "XLP", "Name": "Consumer Staples Select Sector SPDR Fund", "Net Flows ($, mm)": "-171.86", "AUM ($, mm)": "15,615.36", "AUM % Change": "-1.10%"}, {"Ticker": "TQQQ", "Name": "ProShares UltraPro QQQ", "Net Flows ($, mm)": "-168.96", "AUM ($, mm)": "22,378.35", "AUM % Change": "-0.76%"}, {"Ticker": "IVW", "Name": "iShares S&P 500 Growth ETF", "Net Flows ($, mm)": "-168.40", "AUM ($, mm)": "38,120.94", "AUM % Change": "-0.44%"}, {"Ticker": "XBI", "Name": "SPDR S&P Biotech ETF", "Net Flows ($, mm)": "-147.95", "AUM ($, mm)": "6,956.12", "AUM % Change": "-2.13%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "2.32", "AUM ($, mm)": "6,887.25", "% of AUM": "0.03%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "5.85", "AUM ($, mm)": "17,095.53", "% of AUM": "0.03%"}, {"": "Commodities", "Net Flows ($, mm)": "23.74", "AUM ($, mm)": "124,432.81", "% of AUM": "0.02%"}, {"": "Currency", "Net Flows ($, mm)": "428.78", "AUM ($, mm)": "35,769.62", "% of AUM": "1.20%"}, {"": "International Equity", "Net Flows ($, mm)": "151.15", "AUM ($, mm)": "1,376,749.47", "% of AUM": "0.01%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "504.11", "AUM ($, mm)": "173,452.86", "% of AUM": "0.29%"}, {"": "Inverse", "Net Flows ($, mm)": "-220.00", "AUM ($, mm)": "13,868.72", "% of AUM": "-1.59%"}, {"": "Leveraged", "Net Flows ($, mm)": "-425.53", "AUM ($, mm)": "89,058.47", "% of AUM": "-0.48%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-4,888.61", "AUM ($, mm)": "5,173,463.78", "% of AUM": "-0.09%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "876.82", "AUM ($, mm)": "1,361,308.40", "% of AUM": "0.06%"}, {"": "Total:", "Net Flows ($, mm)": "-3,541.37", "AUM ($, mm)": "8,372,086.90", "% of AUM": "-0.04%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'By Ankur Banerjee\nSINGAPORE, Feb 15 (Reuters) - Asian stocks rose on Thursday, with the Nikkei breaching a new 34-year peak, while the dollar took a breather near a three-month high as markets assess when the Federal Reserve is likely to start its easing cycle after a run of strong economic data.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan rose 0.7%, with the IT index surging more than 2%. Taiwan stocks spiked 2.6% higher, with chipmaker TSMC up nearly 8%.\nHong Kong\'s Hang Seng Index eased 0.67% in early trading. China\'s markets are closed for the week due to the Lunar New Year holidays.\nOn Wednesday, Wall Street ended sharply higher as ride-hailing platforms Lyft and Uber rallied, while Nvidia displaced Alphabet as the U.S. stock market\'s third-most valuable company.\nJapan\'s Nikkei remains on the charge and rose in early trading to 38,127, its highest since January 1990 and was inching closer to surpass its record high.\nThe yen edged higher but traded near the psychologically important 150 per dollar level. The yen was last at 150.26 per dollar.\nThe 150 level on the pair has been seen in the past as a potential catalyst for intervention by Japanese monetary authorities. It was just past this level that led them to intervene to shore up the yen in late 2022.\nData on Thursday showed Japan\'s economy slipped into recession as it unexpectedly shrank for a second straight quarter on weak domestic demand, raising uncertainty about the central bank\'s plans to exit its ultra-easy policy this year.\nThe market\'s expectations for a March/April rate hike will likely die down, according to ING economists, who maintained their Bank of Japan call for a June rate hike but with the growing possibility of delay to the third quarter of 2024.\n"Inflation is also slowly easing, which, combin **Last 60 Days of Bitcoin's Closing Prices:** [41364.66, 42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-15 **Financial & Commodity Data:** - Gold Closing Price: $2002.10 - Crude Oil Closing Price: $78.03 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,025,811,928,138 - Hash Rate: 605343973.9976323 - Transaction Count: 303306.0 - Unique Addresses: 612859.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: After several twists and turns, Wall Street is on a blistering rally to end 2023. The three major indices have hit new highs on several occasions, buoyed by the tech surge, cooling inflation and the optimism that the Fed is done with interest rate hikes. The Nasdaq Composite Index is the outperformer, gaining 41.2%. Meanwhile, the S&P 500 and Dow Jones Industrial have risen 22.4% and 11.9%, respectively.Below, we discuss some of the hot events of 2023 that influenced the market in a big way: Technology is the best-performing sector of 2023, driven by the artificial intelligence (AI) boom and a crypto rally.ROBO Global Artificial Intelligence ETFTHNQ andValkyrie Bitcoin Miners ETFWGMI emerged as the biggest winners in their respective space, rising 57.5% and 257.3%, respectively (read: 5 Best-Performing Technology ETFs of 2023).The craze for AI has also magnified the returns of the “Magnificent Seven” stocks, driving the appeal forThe Magnificent Seven ETFMAGS. This fund offers investors precise exposure to the “Magnificent Seven.”The world's largest cryptocurrency started 2023 just above $16,000 and climbed to a 12-month high of $45,000 in early December. The rally came on the back of broad enthusiasm about U.S. interest rate cuts and the imminent regulatory approval for Bitcoin ETFs. Bitcoin's performance in 2023 has outpaced other assets like global stocks and gold.Additionally, bets that the Fed’s aggressive interest rate hiking campaign might be nearing an end have powered the rally in recent months. The trend is likely to continue in 2024. In the latest meeting, Federal Reserve Chair Jerome Powell hinted at a major policy shift as inflation is easing and the economy is holding up better. He signaled three rate cuts for the next year, compared with the previous forecast of two rate cuts in 2024. The federal funds rate is expected to be in the range of 4.4-4.9%, down from the current 5.25% to 5.50%. This indicates that the Fed will cut rates by a total of 0.75% next year, indicating that the historic rate-hiking campaign might be ending (read: Sector ETFs to Benefit From Fed Rate Cut Talks).Lower interest rates generally lead to reduced borrowing costs, which can stimulate economic growth. This can positively impact sectors like real estate, consumer discretionary and financial services, which are typically sensitive to interest rate changes. In real estate, for instance, lower rates can boost housing market activity by making mortgages more affordable. For consumer discretionary sectors, reduced borrowing costs can lead to increased consumer spending. In the financial sector, while lower rates can compress net interest margins for banks, they can also encourage lending and potentially lead to increased consumer and business loan activity.As a result,Vanguard Real Estate ETFVNQ,Utilities Select Sector SPDRXLU,iShares U.S. Home Construction ETFITB andConsumer Discretionary Select Sector SPDR FundXLY are set to gain in 2024. Single-stock ETFs have gained immense popularity this year amid the surging stock market and the big tech wave. Unlike traditional ETFs, which typically track a broad index or sector, single-stock ETFs provide exposure to the performance of one specific company by using derivatives. This allows investors to gain exposure to a particular stock without having to buy the stock directly.There are currently 45 leveraged and inverse US single-stock ETFs on the market with a combined $3.3 billion in assets, according to Morningstar data. Five firms, AXS, Direxion, YieldMax, GraniteShares and Innovator, provide all the single-stock ETFs currently available on the market.Direxion Daily TSLA Bull 1.5X SharesTSLL is by far the largest U.S.-listed single-stock ETF on the market. It offers 1.5 times (150%) the daily percentage change of the common stock of Tesla TSLA. In terms of 2024 performance,GraniteShares 1.5x Long COIN Daily ETFCONL,GraniteShares 1.5x Long NVDA Daily ETFNVDL andGraniteShares 1.5x Long Meta Daily ETFFBL are the biggest beneficiaries, gaining about 570%, 411% and 334%, respectively (read: 5 Leveraged ETFs That Gained More Than 200% in 2023).CONL seeks 1.5 times (150%) the daily percentage change of the common stock of Coinbase Global Inc COIN, NVDL offers 1.5 times exposure the stock of NVIDIA NVDA and FBL tracks 1.5 times the performance of the stock of Meta Platforms META. The trend of converting mutual funds to ETFs gained momentum in 2023, reflecting a significant shift in the investment landscape. About three dozen ETF conversions took place this year driven by several factors, including lower costs, better liquidity and increased transparency associated with ETFs compared to mutual funds. ETFs also offer significant improvements in tax efficiency, as they use in-kind redemptions to avoid triggering capital gains taxes, which is not the case with mutual funds.One of the most notable conversions in 2023 was by Fidelity Investments, which converted six actively managed mutual funds into ETFs in November. These funds collectively manage assets worth roughly $13 billion. These includeFidelity Enhanced Large Cap Core ETFFELC,Fidelity Enhanced Larg Cap Growth ETFFELG,Fidelity Enhanced Large Cap Value ETFFELV,Fidelity Enhanced Mid Cap ETFFMDE,Fidelity Enhanced Small Cap ETFFESM andFidelity Enhanced International ETFFENI.Overall, the shift from mutual funds to ETFs has affected nearly $100 billion in assets. This trend aligns with broader investment patterns. While mutual funds have experienced net outflows, ETFs absorbed about $194 billion in 2023. More conversions are expected to come in 2024, especially by actively managed and higher-fee mutual funds. In the quest for higher yields amid increased volatility in the stock market, investors flocked to ETFs utilizing covered-call strategies, resulting in a notable uptick in fund inflows. Covered-call ETFs saw a surge of interest in 2023, attracting investors with the promise of hefty yields alongside shelter from market turbulence. These ETFs, by employing options strategies known as writing covered calls, provide exposure to the stock market with lower volatility compared to the overall market (read: Why Investors Are Pouring Billions Into Covered-Call ETFs).In this category,JPMorgan Equity Premium Income ETFJEPI andJPMorgan Nasdaq Equity Premium Income ETFJEPQ were the most popular, having pulled in $12.9 billion and $6.5 billion, respectively, in new money this year. 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 NVIDIA Corporation (NVDA) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Vanguard Real Estate ETF (VNQ): ETF Research Reports iShares U.S. Home Construction ETF (ITB): ETF Research Reports Utilities Select Sector SPDR ETF (XLU): ETF Research Reports Consumer Discretionary Select Sector SPDR ETF (XLY): ETF Research Reports Roundhill Magnificent Seven ETF (MAGS): ETF Research Reports ROBO Global Artificial Intelligence ETF (THNQ): ETF Research Reports JPMorgan Equity Premium Income ETF (JEPI): ETF Research Reports Coinbase Global, Inc. (COIN) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report Valkyrie Bitcoin Miners ETF (WGMI): ETF Research Reports JPMorgan Nasdaq Equity Premium Income ETF (JEPQ): ETF Research Reports GraniteShares 1.5x Long COIN Daily ETF (CONL): ETF Research Reports Direxion Daily TSLA Bull 1.5X Shares (TSLL): ETF Research Reports GraniteShares 1.5x Long META Daily ETF (FBL): ETF Research Reports GraniteShares 1.5x Long NVDA Daily ETF (NVDL): ETF Research Reports Fidelity Enhanced Large Cap Core ETF (FELC): ETF Research Reports Fidelity Enhanced Large Cap Growth ETF (FELG): ETF Research Reports Fidelity Enhanced Large Cap Value ETF (FELV): ETF Research Reports Fidelity Enhanced International ETF (FENI): ETF Research Reports Fidelity Enhanced Small Cap ETF (FESM): ETF Research Reports Fidelity Enhanced Mid Cap ETF (FMDE): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): [['u/veganbitcoiner420', 'If you are new to Bitcoin and in your early 20s or mid 20s... do this:', 68, '2024-02-15 00:34', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/', '1,000,000 Satoshis is your "bank account is zero" amount.\n\nHold that for 3 halvings MINIMUM.\n\nDon\'t touch your first 1,000,000 satoshis\n\nHaving 1,000,000 satoshis in 10 years (3 more halvings) will be lifechanging to someone who is 18-23 right now.\n\nSimilarly if you are in your mid 20s and can get to 10,000,000 satoshis make that your "bank account is zero" amount. Hold that for 3 halvings minimum. \n\n​\n\n​', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/', '1ar192z', [['u/veganbitcoiner420', 28, '2024-02-15 00:47', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqgktju/', 'No it just the smallest unit of 1 Bitcoin.\n\n1 dollar = 100 pennies\n\n1 bitcoin has 100,000,000 satoshis\n\nWhen you buy bitcoin unless you have literally 51,800 buckaroos right now you cant get 100,000,000 satoshis.\n\nBut if you have 51 bucks you can get 100,000 satoshis\n\nThats a good deal. When you are in your 30s you can tell the 20 year olds you were stacking 100,000 satoshis for 51 bucks\n\nIt will be hilarious', '1ar192z'], ['u/DJTicklePitt', 74, '2024-02-15 01:40', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqgsuc5/', 'I’m new to BTC and 20 yrs old. After thorough research I now own .6 BTC at and average price of 43,800. I am now DCAing 100$ a week and will be holding forever.', '1ar192z'], ['u/analogOnly', 24, '2024-02-15 01:56', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqgv4u4/', 'I am in my late 30s have over 100,000,000 satoshis it\'s my "bank account is zero" amount. By my calculations I will need at least $3,500,000 USD by today\'s value. (I am married have children and own zero investment property (RE) - that\'s why my number is high)', '1ar192z'], ['u/rock-island321', 12, '2024-02-15 02:04', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqgwc3j/', 'In 20 years, your 1 btc will do you very nicely for retirement.', '1ar192z'], ['u/fbacaleb', 29, '2024-02-15 02:27', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqgzq6p/', 'Damn you have more than me and I’m 24 good job man', '1ar192z'], ['u/Sunnyjim333', 37, '2024-02-15 03:02', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqh4x42/', 'What a great time to be alive. I am at the other end of old age, I wish I could see what BTC willbe like 20 years from now.\n\nBuy SATS and HODL yunguns.', '1ar192z'], ['u/Sunnyjim333', 16, '2024-02-15 03:12', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqh6axu/', 'When I was your age in 1978, if you had $100,000.00 you could retire on the interest and live a comfortable life. Asuming you had a pension and Social Security.\n\nSadly, you probably will not have those, so BTC and your 401k is all you are going to get.\n\nYou will probably need more to retire by then, but I hope BTC will be your ticket to freedom.\n\nIn 2024 1/2 to one million is a comfortable retirement if you own your own home, are in good health, and live modestly and have no debt.', '1ar192z'], ['u/Sunnyjim333', 10, '2024-02-15 03:14', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqh6neu/', "Oh, the good old days when you could buy 1,000,000 SATS for $510.00\n\nWhy didn't we sell the kids and take out a 3rd mortgage?", '1ar192z'], ['u/bobbyv137', 11, '2024-02-15 15:02', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqj8ika/', 'Lol. Such nonsense. Typical moon boy math lost in delusion. \n\nOne Bitcoin is $50k. 1,000,00 sats today is $500. \n\nYou say holding that 1m sats for 10 years will be “life changing” for someone in the mid 20s or younger. \n\nLet’s assume in the absolutely insane outcome, Bitcoin is $5m per coin in just 10 years thus $100 trillion market cap (hint: it won’t be). \n\nThose 1m are now worth $50k. So yes, that person has undoubtedly invested their money well by turning $500 into $50k. \n\nBut, if Bitcoin is $5m a coin, what is that $50k actually going to buy you? How is it going to be “life changing”?', '1ar192z']]], ['u/Far_Breakfast_5808', "What is up with the Bitcoin proponents' obsession with gold? Is it a libertarian thing? The part about asking if it's a libertarian thing is serious by the way.", 46, '2024-02-15 00:54', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/', "I'm asking/wondering because I know libertarians are known for liking gold and the gold standard in particular, and many Bitcoin/crypto proponents are libertarians, so I was wondering if there was a connection between Bitcoin, libertarianism, and the obsession with gold, or if it's just a coincidence. By contrast, most people I see who aren't into bitcoin aren't so obsessed with gold and instead are into other kinds of assets and securities like stocks.", 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/', '1ar1q5t', [['u/Evinceo', 60, '2024-02-15 01:15', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgp13h/', "It's a libertarian thing and it predates Bitcoin. Bitcoin borrows a lot of Gold Fan ideas, just replacing gold with Bitcoin.\n\n\n_50 Foot Blockchain_ ought to be required reading, I believe it goes into the Austrian Economics thing in great detail.", '1ar1q5t'], ['u/Val_Fortecazzo', 10, '2024-02-15 01:26', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgqpai/', 'Yeah its part of bitcoins lolbertarian DNA. They believe in austrian economics quackery.', '1ar1q5t'], ['u/Unfriendly_eagle', 45, '2024-02-15 01:28', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgqx5k/', 'Bitcoin weirdos love to compare Bitcoin to things that have actual value, and aren\'t just made up. They do this by pointing out how everything else is just made up. I know a Bitcoin kook who constantly tweets "gold is just a shiny metal", but if you reply that "Bitcoin is just strings of digital data" he loses his mind.', '1ar1q5t'], ['u/Evinceo', 37, '2024-02-15 01:30', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgr7m4/', "Goldbug lore is written by and for libertarians, that's why. Bitcoin lore started out as a copypasta of goldbug lore with a cyberpunk aesthetic.", '1ar1q5t'], ['u/Evinceo', 19, '2024-02-15 01:37', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgsc3o/', "I mean, it is a shiny metal that _stays shiny_. That's why it's so obsessed over. If brass didn't tarnish we'd just use that.", '1ar1q5t'], ['u/Xirema', 24, '2024-02-15 01:44', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgte4q/', "[To quote the great Dan Olson:](https://youtu.be/ihvG3RgbYzE?t=508)\n\n>Despite the popularity of gold amongst people who own doomsday bunkers, the rationale that they’re working from isn’t un-sound. If you were an investor back in the Netherlands in 1635, which asset would deliver a better return over almost 400 years, tulips or gold? In the long run you can be pretty confident that any gold you have will still be abstractly valuable in the indeterminate future. \n\nBasically, gold has a lot of useful intrinsic properties that mean that any mass of gold you have is probably always going to have some degree of intrinsic economic value, in a way that's not always true of most other measures of value. Government-issued money can depreciate (or be rendered worthless by a revolution), most other commodities tend to decay to entropy a lot faster... etc. and so on. Gold has intrinsic value and is pretty likely to continue to have intrinsic value 5/10/20/50/100 years from now. \n\nOf course, it's bad if your plan is to *actually have a highly liquid economic structure*, i.e. our modern highly capitalistic society. Bitcoin reproduces one of the fundamental flaws of a gold-based economic model, which is that for any and all purchases *some amount of* gold has to exchange hands; so for example, internet shopping, Credit Cards, all of that stuff: basically impossible in a gold-based economy because of how slow it is to exchange money.\n\nYou know, just to name one of the countless flaws in their proselytizing of The Gold Standard.", '1ar1q5t'], ['u/Far_Breakfast_5808', 17, '2024-02-15 01:48', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgtzzs/', "Even if gold wasn't used for jewelry, it also has multiple practical applications in things like dentistry and electronics. It's actually useful and has utility at least.", '1ar1q5t'], ['u/happyscrappy', 16, '2024-02-15 01:56', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgv5xk/', "Yes. Butters are just another version of [goldbugs](https://en.wikipedia.org/wiki/Gold_bug). And hence they don't share a lot of behavior with those who do not have this mentality.", '1ar1q5t'], ['u/sciolycaptain', 22, '2024-02-15 01:58', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgvil4/', "Yeah, but if it were just for it's industrial uses, the price would be a lot lower.\n\n\nIt has has huge cultural signifying because 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.
52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24
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:** ['On Valentine\'s Day, investors expressed their love for all things crypto by trading up -- substantially, in numerous cases -- the prices of digital coins and tokens, plus the securities of companies associated with digital money.\nLeading altcoinEthereum(CRYPTO: ETH)was a beneficiary, as it was sailing 5.4% higher in late afternoon trading. While that gain was impressive, it didn\'t hold a candle to crypto mining equipment specialistCanaan(NASDAQ: CAN), whose American Depositary Receipts (ADRs) closed the day almost 32% higher. Behind Canaan, minerTeraWulf(NASDAQ: WULF)rose by more than 12%.\nBitcoin(CRYPTO: BTC)is the world\'s first cryptocurrency, and a decade-and-a-half after its introduction it\'s still by far the most influential one. When it does well, more often than not other coins and tokens, plus cryptocurrency mining companies, tend to fall in lockstep.\nHappily for holders of those assets,Bitcoinwas quite the standout on Wednesday. After a bit of a slump Tuesday it again leapt the $50,000 mark, settling comfortably at just shy of $52,000 late in the day. The stream of investment intospot Bitcoin exchange-traded funds (ETFs)has shown no sign of ebbing, and what\'s good for those securities is grand for their foundational asset.\nOther factors are keeping the buy fire burning. Wednesday morning, online crypto news outlet Coindesk.com reported that European Union (E.U.) officials had drafted and circulated a document on an upcoming meeting of the E.U.\'s financial services committee. This event, scheduled to take place in April, will concern cryptocurrency regulation in the 27-country economic bloc.\nAccording to Coindesk, the paper outlines discussion points for the meeting. These include topics such as licensing and the implementation of the recently enacted Markets in Crypto Assets set of laws. Most intriguingly, there is mention of a digital euro; presumably this would be the "official" E.U.-wide cryptocurrency.\nThe E.U. document is only the latest in a string of indications that top regulators around the world are not only taking cryptos seriously, they are also accepting that these assets are part of the fabric of their economies. As these assets become more accepted and entrenched, we can also see markets like Europe adopting the latest crypto innovations.\nWhich leads to a question: Are spot crypto ETFs about to start being developed overseas too?\nI think it\'s more than likely. There\'s a curiosity and hunger for crypto around the world, yet a major stumbling block remains the software and tech know-how required to simply transact in coins and tokens. At a stroke, spot ETFs remove this requirement, as they are securities easily traded on exchanges. We are only at the beginning of the spot crypto ETF revolution.\nShould you invest $1,000 in Ethereum right now?\nBefore you buy stock in Ethereum, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002*.\nSee the 10 stocks\n*Stock Advisor returns as of February 12, 2024\nEric Volkmanhas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nWhy Altcoins and Crypto Mining Stocks Were on Fire Todaywas originally published by The Motley Fool', 'Top 10 Creations (All ETFs)\n[{"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "483.54", "AUM ($, mm)": "406,186.30", "AUM % Change": "0.12%"}, {"Ticker": "XLF", "Name": "Financial Select Sector SPDR Fund", "Net Flows ($, mm)": "466.95", "AUM ($, mm)": "36,568.72", "AUM % Change": "1.28%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "412.69", "AUM ($, mm)": "49,925.53", "AUM % Change": "0.83%"}, {"Ticker": "VCSH", "Name": "Vanguard Short-Term Corporate Bond ETF", "Net Flows ($, mm)": "293.03", "AUM ($, mm)": "36,409.83", "AUM % Change": "0.80%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "250.72", "AUM ($, mm)": "4,180.86", "AUM % Change": "6.00%"}, {"Ticker": "JAAA", "Name": "Janus Henderson AAA CLO ETF", "Net Flows ($, mm)": "221.94", "AUM ($, mm)": "6,491.63", "AUM % Change": "3.42%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "174.07", "AUM ($, mm)": "33,301.88", "AUM % Change": "0.52%"}, {"Ticker": "XLC", "Name": "Communication Services Select Sector SPDR Fund", "Net Flows ($, mm)": "162.35", "AUM ($, mm)": "17,549.30", "AUM % Change": "0.93%"}, {"Ticker": "SMH", "Name": "VanEck Semiconductor ETF", "Net Flows ($, mm)": "142.72", "AUM ($, mm)": "14,688.56", "AUM % Change": "0.97%"}, {"Ticker": "ARKB", "Name": "ARK 21Shares Bitcoin ETF", "Net Flows ($, mm)": "136.46", "AUM ($, mm)": "1,021.88", "AUM % Change": "13.35%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-3,659.31", "AUM ($, mm)": "486,854.43", "AUM % Change": "-0.75%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "-1,226.42", "AUM ($, mm)": "368,729.92", "AUM % Change": "-0.33%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "-306.02", "AUM ($, mm)": "252,399.52", "AUM % Change": "-0.12%"}, {"Ticker": "TFLO", "Name": "iShares Treasury Floating Rate Bond ETF", "Net Flows ($, mm)": "-293.11", "AUM ($, mm)": "9,040.91", "AUM % Change": "-3.24%"}, {"Ticker": "VB", "Name": "Vanguard Small-Cap ETF", "Net Flows ($, mm)": "-186.28", "AUM ($, mm)": "51,448.51", "AUM % Change": "-0.36%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "-176.29", "AUM ($, mm)": "435,416.56", "AUM % Change": "-0.04%"}, {"Ticker": "XLP", "Name": "Consumer Staples Select Sector SPDR Fund", "Net Flows ($, mm)": "-171.86", "AUM ($, mm)": "15,615.36", "AUM % Change": "-1.10%"}, {"Ticker": "TQQQ", "Name": "ProShares UltraPro QQQ", "Net Flows ($, mm)": "-168.96", "AUM ($, mm)": "22,378.35", "AUM % Change": "-0.76%"}, {"Ticker": "IVW", "Name": "iShares S&P 500 Growth ETF", "Net Flows ($, mm)": "-168.40", "AUM ($, mm)": "38,120.94", "AUM % Change": "-0.44%"}, {"Ticker": "XBI", "Name": "SPDR S&P Biotech ETF", "Net Flows ($, mm)": "-147.95", "AUM ($, mm)": "6,956.12", "AUM % Change": "-2.13%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "2.32", "AUM ($, mm)": "6,887.25", "% of AUM": "0.03%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "5.85", "AUM ($, mm)": "17,095.53", "% of AUM": "0.03%"}, {"": "Commodities", "Net Flows ($, mm)": "23.74", "AUM ($, mm)": "124,432.81", "% of AUM": "0.02%"}, {"": "Currency", "Net Flows ($, mm)": "428.78", "AUM ($, mm)": "35,769.62", "% of AUM": "1.20%"}, {"": "International Equity", "Net Flows ($, mm)": "151.15", "AUM ($, mm)": "1,376,749.47", "% of AUM": "0.01%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "504.11", "AUM ($, mm)": "173,452.86", "% of AUM": "0.29%"}, {"": "Inverse", "Net Flows ($, mm)": "-220.00", "AUM ($, mm)": "13,868.72", "% of AUM": "-1.59%"}, {"": "Leveraged", "Net Flows ($, mm)": "-425.53", "AUM ($, mm)": "89,058.47", "% of AUM": "-0.48%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-4,888.61", "AUM ($, mm)": "5,173,463.78", "% of AUM": "-0.09%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "876.82", "AUM ($, mm)": "1,361,308.40", "% of AUM": "0.06%"}, {"": "Total:", "Net Flows ($, mm)": "-3,541.37", "AUM ($, mm)": "8,372,086.90", "% of AUM": "-0.04%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'By Ankur Banerjee\nSINGAPORE, Feb 15 (Reuters) - Asian stocks rose on Thursday, with the Nikkei breaching a new 34-year peak, while the dollar took a breather near a three-month high as markets assess when the Federal Reserve is likely to start its easing cycle after a run of strong economic data.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan rose 0.7%, with the IT index surging more than 2%. Taiwan stocks spiked 2.6% higher, with chipmaker TSMC up nearly 8%.\nHong Kong\'s Hang Seng Index eased 0.67% in early trading. China\'s markets are closed for the week due to the Lunar New Year holidays.\nOn Wednesday, Wall Street ended sharply higher as ride-hailing platforms Lyft and Uber rallied, while Nvidia displaced Alphabet as the U.S. stock market\'s third-most valuable company.\nJapan\'s Nikkei remains on the charge and rose in early trading to 38,127, its highest since January 1990 and was inching closer to surpass its record high.\nThe yen edged higher but traded near the psychologically important 150 per dollar level. The yen was last at 150.26 per dollar.\nThe 150 level on the pair has been seen in the past as a potential catalyst for intervention by Japanese monetary authorities. It was just past this level that led them to intervene to shore up the yen in late 2022.\nData on Thursday showed Japan\'s economy slipped into recession as it unexpectedly shrank for a second straight quarter on weak domestic demand, raising uncertainty about the central bank\'s plans to exit its ultra-easy policy this year.\nThe market\'s expectations for a March/April rate hike will likely die down, according to ING economists, who maintained their Bank of Japan call for a June rate hike but with the growing possibility of delay to the third quarter of 2024.\n"Inflation is also slowly easing, which, combin **Last 60 Days of Bitcoin's Closing Prices:** [41364.66, 42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-02-15 **Financial & Commodity Data:** - Gold Closing Price: $2002.10 - Crude Oil Closing Price: $78.03 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,025,811,928,138 - Hash Rate: 605343973.9976323 - Transaction Count: 303306.0 - Unique Addresses: 612859.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: After several twists and turns, Wall Street is on a blistering rally to end 2023. The three major indices have hit new highs on several occasions, buoyed by the tech surge, cooling inflation and the optimism that the Fed is done with interest rate hikes. The Nasdaq Composite Index is the outperformer, gaining 41.2%. Meanwhile, the S&P 500 and Dow Jones Industrial have risen 22.4% and 11.9%, respectively.Below, we discuss some of the hot events of 2023 that influenced the market in a big way: Technology is the best-performing sector of 2023, driven by the artificial intelligence (AI) boom and a crypto rally.ROBO Global Artificial Intelligence ETFTHNQ andValkyrie Bitcoin Miners ETFWGMI emerged as the biggest winners in their respective space, rising 57.5% and 257.3%, respectively (read: 5 Best-Performing Technology ETFs of 2023).The craze for AI has also magnified the returns of the “Magnificent Seven” stocks, driving the appeal forThe Magnificent Seven ETFMAGS. This fund offers investors precise exposure to the “Magnificent Seven.”The world's largest cryptocurrency started 2023 just above $16,000 and climbed to a 12-month high of $45,000 in early December. The rally came on the back of broad enthusiasm about U.S. interest rate cuts and the imminent regulatory approval for Bitcoin ETFs. Bitcoin's performance in 2023 has outpaced other assets like global stocks and gold.Additionally, bets that the Fed’s aggressive interest rate hiking campaign might be nearing an end have powered the rally in recent months. The trend is likely to continue in 2024. In the latest meeting, Federal Reserve Chair Jerome Powell hinted at a major policy shift as inflation is easing and the economy is holding up better. He signaled three rate cuts for the next year, compared with the previous forecast of two rate cuts in 2024. The federal funds rate is expected to be in the range of 4.4-4.9%, down from the current 5.25% to 5.50%. This indicates that the Fed will cut rates by a total of 0.75% next year, indicating that the historic rate-hiking campaign might be ending (read: Sector ETFs to Benefit From Fed Rate Cut Talks).Lower interest rates generally lead to reduced borrowing costs, which can stimulate economic growth. This can positively impact sectors like real estate, consumer discretionary and financial services, which are typically sensitive to interest rate changes. In real estate, for instance, lower rates can boost housing market activity by making mortgages more affordable. For consumer discretionary sectors, reduced borrowing costs can lead to increased consumer spending. In the financial sector, while lower rates can compress net interest margins for banks, they can also encourage lending and potentially lead to increased consumer and business loan activity.As a result,Vanguard Real Estate ETFVNQ,Utilities Select Sector SPDRXLU,iShares U.S. Home Construction ETFITB andConsumer Discretionary Select Sector SPDR FundXLY are set to gain in 2024. Single-stock ETFs have gained immense popularity this year amid the surging stock market and the big tech wave. Unlike traditional ETFs, which typically track a broad index or sector, single-stock ETFs provide exposure to the performance of one specific company by using derivatives. This allows investors to gain exposure to a particular stock without having to buy the stock directly.There are currently 45 leveraged and inverse US single-stock ETFs on the market with a combined $3.3 billion in assets, according to Morningstar data. Five firms, AXS, Direxion, YieldMax, GraniteShares and Innovator, provide all the single-stock ETFs currently available on the market.Direxion Daily TSLA Bull 1.5X SharesTSLL is by far the largest U.S.-listed single-stock ETF on the market. It offers 1.5 times (150%) the daily percentage change of the common stock of Tesla TSLA. In terms of 2024 performance,GraniteShares 1.5x Long COIN Daily ETFCONL,GraniteShares 1.5x Long NVDA Daily ETFNVDL andGraniteShares 1.5x Long Meta Daily ETFFBL are the biggest beneficiaries, gaining about 570%, 411% and 334%, respectively (read: 5 Leveraged ETFs That Gained More Than 200% in 2023).CONL seeks 1.5 times (150%) the daily percentage change of the common stock of Coinbase Global Inc COIN, NVDL offers 1.5 times exposure the stock of NVIDIA NVDA and FBL tracks 1.5 times the performance of the stock of Meta Platforms META. The trend of converting mutual funds to ETFs gained momentum in 2023, reflecting a significant shift in the investment landscape. About three dozen ETF conversions took place this year driven by several factors, including lower costs, better liquidity and increased transparency associated with ETFs compared to mutual funds. ETFs also offer significant improvements in tax efficiency, as they use in-kind redemptions to avoid triggering capital gains taxes, which is not the case with mutual funds.One of the most notable conversions in 2023 was by Fidelity Investments, which converted six actively managed mutual funds into ETFs in November. These funds collectively manage assets worth roughly $13 billion. These includeFidelity Enhanced Large Cap Core ETFFELC,Fidelity Enhanced Larg Cap Growth ETFFELG,Fidelity Enhanced Large Cap Value ETFFELV,Fidelity Enhanced Mid Cap ETFFMDE,Fidelity Enhanced Small Cap ETFFESM andFidelity Enhanced International ETFFENI.Overall, the shift from mutual funds to ETFs has affected nearly $100 billion in assets. This trend aligns with broader investment patterns. While mutual funds have experienced net outflows, ETFs absorbed about $194 billion in 2023. More conversions are expected to come in 2024, especially by actively managed and higher-fee mutual funds. In the quest for higher yields amid increased volatility in the stock market, investors flocked to ETFs utilizing covered-call strategies, resulting in a notable uptick in fund inflows. Covered-call ETFs saw a surge of interest in 2023, attracting investors with the promise of hefty yields alongside shelter from market turbulence. These ETFs, by employing options strategies known as writing covered calls, provide exposure to the stock market with lower volatility compared to the overall market (read: Why Investors Are Pouring Billions Into Covered-Call ETFs).In this category,JPMorgan Equity Premium Income ETFJEPI andJPMorgan Nasdaq Equity Premium Income ETFJEPQ were the most popular, having pulled in $12.9 billion and $6.5 billion, respectively, in new money this year. 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 NVIDIA Corporation (NVDA) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Vanguard Real Estate ETF (VNQ): ETF Research Reports iShares U.S. Home Construction ETF (ITB): ETF Research Reports Utilities Select Sector SPDR ETF (XLU): ETF Research Reports Consumer Discretionary Select Sector SPDR ETF (XLY): ETF Research Reports Roundhill Magnificent Seven ETF (MAGS): ETF Research Reports ROBO Global Artificial Intelligence ETF (THNQ): ETF Research Reports JPMorgan Equity Premium Income ETF (JEPI): ETF Research Reports Coinbase Global, Inc. (COIN) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report Valkyrie Bitcoin Miners ETF (WGMI): ETF Research Reports JPMorgan Nasdaq Equity Premium Income ETF (JEPQ): ETF Research Reports GraniteShares 1.5x Long COIN Daily ETF (CONL): ETF Research Reports Direxion Daily TSLA Bull 1.5X Shares (TSLL): ETF Research Reports GraniteShares 1.5x Long META Daily ETF (FBL): ETF Research Reports GraniteShares 1.5x Long NVDA Daily ETF (NVDL): ETF Research Reports Fidelity Enhanced Large Cap Core ETF (FELC): ETF Research Reports Fidelity Enhanced Large Cap Growth ETF (FELG): ETF Research Reports Fidelity Enhanced Large Cap Value ETF (FELV): ETF Research Reports Fidelity Enhanced International ETF (FENI): ETF Research Reports Fidelity Enhanced Small Cap ETF (FESM): ETF Research Reports Fidelity Enhanced Mid Cap ETF (FMDE): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): [['u/veganbitcoiner420', 'If you are new to Bitcoin and in your early 20s or mid 20s... do this:', 68, '2024-02-15 00:34', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/', '1,000,000 Satoshis is your "bank account is zero" amount.\n\nHold that for 3 halvings MINIMUM.\n\nDon\'t touch your first 1,000,000 satoshis\n\nHaving 1,000,000 satoshis in 10 years (3 more halvings) will be lifechanging to someone who is 18-23 right now.\n\nSimilarly if you are in your mid 20s and can get to 10,000,000 satoshis make that your "bank account is zero" amount. Hold that for 3 halvings minimum. \n\n​\n\n​', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/', '1ar192z', [['u/veganbitcoiner420', 28, '2024-02-15 00:47', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqgktju/', 'No it just the smallest unit of 1 Bitcoin.\n\n1 dollar = 100 pennies\n\n1 bitcoin has 100,000,000 satoshis\n\nWhen you buy bitcoin unless you have literally 51,800 buckaroos right now you cant get 100,000,000 satoshis.\n\nBut if you have 51 bucks you can get 100,000 satoshis\n\nThats a good deal. When you are in your 30s you can tell the 20 year olds you were stacking 100,000 satoshis for 51 bucks\n\nIt will be hilarious', '1ar192z'], ['u/DJTicklePitt', 74, '2024-02-15 01:40', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqgsuc5/', 'I’m new to BTC and 20 yrs old. After thorough research I now own .6 BTC at and average price of 43,800. I am now DCAing 100$ a week and will be holding forever.', '1ar192z'], ['u/analogOnly', 24, '2024-02-15 01:56', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqgv4u4/', 'I am in my late 30s have over 100,000,000 satoshis it\'s my "bank account is zero" amount. By my calculations I will need at least $3,500,000 USD by today\'s value. (I am married have children and own zero investment property (RE) - that\'s why my number is high)', '1ar192z'], ['u/rock-island321', 12, '2024-02-15 02:04', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqgwc3j/', 'In 20 years, your 1 btc will do you very nicely for retirement.', '1ar192z'], ['u/fbacaleb', 29, '2024-02-15 02:27', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqgzq6p/', 'Damn you have more than me and I’m 24 good job man', '1ar192z'], ['u/Sunnyjim333', 37, '2024-02-15 03:02', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqh4x42/', 'What a great time to be alive. I am at the other end of old age, I wish I could see what BTC willbe like 20 years from now.\n\nBuy SATS and HODL yunguns.', '1ar192z'], ['u/Sunnyjim333', 16, '2024-02-15 03:12', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqh6axu/', 'When I was your age in 1978, if you had $100,000.00 you could retire on the interest and live a comfortable life. Asuming you had a pension and Social Security.\n\nSadly, you probably will not have those, so BTC and your 401k is all you are going to get.\n\nYou will probably need more to retire by then, but I hope BTC will be your ticket to freedom.\n\nIn 2024 1/2 to one million is a comfortable retirement if you own your own home, are in good health, and live modestly and have no debt.', '1ar192z'], ['u/Sunnyjim333', 10, '2024-02-15 03:14', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqh6neu/', "Oh, the good old days when you could buy 1,000,000 SATS for $510.00\n\nWhy didn't we sell the kids and take out a 3rd mortgage?", '1ar192z'], ['u/bobbyv137', 11, '2024-02-15 15:02', 'https://www.reddit.com/r/Bitcoin/comments/1ar192z/if_you_are_new_to_bitcoin_and_in_your_early_20s/kqj8ika/', 'Lol. Such nonsense. Typical moon boy math lost in delusion. \n\nOne Bitcoin is $50k. 1,000,00 sats today is $500. \n\nYou say holding that 1m sats for 10 years will be “life changing” for someone in the mid 20s or younger. \n\nLet’s assume in the absolutely insane outcome, Bitcoin is $5m per coin in just 10 years thus $100 trillion market cap (hint: it won’t be). \n\nThose 1m are now worth $50k. So yes, that person has undoubtedly invested their money well by turning $500 into $50k. \n\nBut, if Bitcoin is $5m a coin, what is that $50k actually going to buy you? How is it going to be “life changing”?', '1ar192z']]], ['u/Far_Breakfast_5808', "What is up with the Bitcoin proponents' obsession with gold? Is it a libertarian thing? The part about asking if it's a libertarian thing is serious by the way.", 46, '2024-02-15 00:54', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/', "I'm asking/wondering because I know libertarians are known for liking gold and the gold standard in particular, and many Bitcoin/crypto proponents are libertarians, so I was wondering if there was a connection between Bitcoin, libertarianism, and the obsession with gold, or if it's just a coincidence. By contrast, most people I see who aren't into bitcoin aren't so obsessed with gold and instead are into other kinds of assets and securities like stocks.", 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/', '1ar1q5t', [['u/Evinceo', 60, '2024-02-15 01:15', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgp13h/', "It's a libertarian thing and it predates Bitcoin. Bitcoin borrows a lot of Gold Fan ideas, just replacing gold with Bitcoin.\n\n\n_50 Foot Blockchain_ ought to be required reading, I believe it goes into the Austrian Economics thing in great detail.", '1ar1q5t'], ['u/Val_Fortecazzo', 10, '2024-02-15 01:26', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgqpai/', 'Yeah its part of bitcoins lolbertarian DNA. They believe in austrian economics quackery.', '1ar1q5t'], ['u/Unfriendly_eagle', 45, '2024-02-15 01:28', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgqx5k/', 'Bitcoin weirdos love to compare Bitcoin to things that have actual value, and aren\'t just made up. They do this by pointing out how everything else is just made up. I know a Bitcoin kook who constantly tweets "gold is just a shiny metal", but if you reply that "Bitcoin is just strings of digital data" he loses his mind.', '1ar1q5t'], ['u/Evinceo', 37, '2024-02-15 01:30', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgr7m4/', "Goldbug lore is written by and for libertarians, that's why. Bitcoin lore started out as a copypasta of goldbug lore with a cyberpunk aesthetic.", '1ar1q5t'], ['u/Evinceo', 19, '2024-02-15 01:37', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgsc3o/', "I mean, it is a shiny metal that _stays shiny_. That's why it's so obsessed over. If brass didn't tarnish we'd just use that.", '1ar1q5t'], ['u/Xirema', 24, '2024-02-15 01:44', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgte4q/', "[To quote the great Dan Olson:](https://youtu.be/ihvG3RgbYzE?t=508)\n\n>Despite the popularity of gold amongst people who own doomsday bunkers, the rationale that they’re working from isn’t un-sound. If you were an investor back in the Netherlands in 1635, which asset would deliver a better return over almost 400 years, tulips or gold? In the long run you can be pretty confident that any gold you have will still be abstractly valuable in the indeterminate future. \n\nBasically, gold has a lot of useful intrinsic properties that mean that any mass of gold you have is probably always going to have some degree of intrinsic economic value, in a way that's not always true of most other measures of value. Government-issued money can depreciate (or be rendered worthless by a revolution), most other commodities tend to decay to entropy a lot faster... etc. and so on. Gold has intrinsic value and is pretty likely to continue to have intrinsic value 5/10/20/50/100 years from now. \n\nOf course, it's bad if your plan is to *actually have a highly liquid economic structure*, i.e. our modern highly capitalistic society. Bitcoin reproduces one of the fundamental flaws of a gold-based economic model, which is that for any and all purchases *some amount of* gold has to exchange hands; so for example, internet shopping, Credit Cards, all of that stuff: basically impossible in a gold-based economy because of how slow it is to exchange money.\n\nYou know, just to name one of the countless flaws in their proselytizing of The Gold Standard.", '1ar1q5t'], ['u/Far_Breakfast_5808', 17, '2024-02-15 01:48', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgtzzs/', "Even if gold wasn't used for jewelry, it also has multiple practical applications in things like dentistry and electronics. It's actually useful and has utility at least.", '1ar1q5t'], ['u/happyscrappy', 16, '2024-02-15 01:56', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgv5xk/', "Yes. Butters are just another version of [goldbugs](https://en.wikipedia.org/wiki/Gold_bug). And hence they don't share a lot of behavior with those who do not have this mentality.", '1ar1q5t'], ['u/sciolycaptain', 22, '2024-02-15 01:58', 'https://www.reddit.com/r/Buttcoin/comments/1ar1q5t/what_is_up_with_the_bitcoin_proponents_obsession/kqgvil4/', "Yeah, but if it were just for it's industrial uses, the price would be a lot lower.\n\n\nIt has has huge cultural signifying because 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. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Coinbase Global(NASDAQ: COIN)Q4 2023 Earnings CallFeb 15, 2024,5:30 p.m. ET\n• Prepared Remarks\n• Questions and Answers\n• Call Participants\nOperator\nGood afternoon. My name is Sarah, and I will be your conference operator today. At this time, I would like to welcome everyone to the Coinbase fourth quarter and full year 2023 earnings call. All lines have been placed on mute to prevent any background noise.\nAfter the speakers' remarks, there will be a question-and-answer session. [Operator instructions] Anil Gupta, vice president, investor relations, you may begin your conference.\nAnil Gupta--Vice President, Investor Relations\nGood afternoon, and welcome to the Coinbase fourth quarter and full year 2023 earnings call. Joining me on today's call are Brian Armstrong, co-founder and CEO; Emilie Choi, president and COO; Alesia Haas, CFO; and Paul Grewal, chief legal officer. I hope you've all had the opportunity to read our shareholder letter, which was published on our investor relations website earlier today. Before we get started, I'd like to remind you that during today's call, we may make forward-looking statements.\nActual results may vary materially from today's statements. Information concerning risks, uncertainties, and other factors that could cause these results to differ is included in our SEC filings. Our discussion today will also include references to certain non-GAAP financial metrics. Reconciliations to the most directly comparable GAAP financial measures are provided in the shareholder letter on our investor relations website.\nShould you invest $1,000 in Coinbase Global right now?\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002*.\nSee the 10 stocks\n*Stock Advisor returns as of February 12, 2024\nNon-GAAP financial measures should be considered in addition to, not as a substitute for GAAP measures. We are once again using safe technologies to enable our shareholders to ask questions. In addition, we will take some live questions from our research analysts. And with that, I'll turn it over to Brian for opening comments.\nBrian Armstrong--Co-Founder and Chief Executive Officer\nThanks, Anil. I'm proud to say that in 2023, we cut costs by 45% year over year and managed to ship products faster with a lean team. This led to $95 million of positive net income for 2023, $964 million in positive adjusted EBITDA, and total revenue of $3.1 billion. Coinbase has always taken a long-term approach focusing on building in a compliant manner even when it wasn't the popular choice.\nMany of our competitors cut corners and broke laws to get big fast, and we've seen how that strategy played out. By contrast, Coinbase has now established itself as the trusted leader in crypto. I've always said that crypto adoption will happen in three phases, and I want to touch on what we did in 2023 to help drive each of those. In Phase 1, crypto is a new asset class that people want to trade.\nCrypto trading has been a major revenue driver for the industry, and Coinbase is the leader in spot trading in the US But in 2018, derivatives trading became the majority of crypto trading volume. It took us longer to do it in a compliant way, but I'm happy to report that in 2023, we have now launched derivatives trading globally. In Q2, we launched Coinbase International Exchange, which offers derivatives trading to non-US customers. And in Q4, we launched Coinbase Financial Markets, which offers regulated futures trading in the US.\nWe also expanded our trading products around the world by getting new licenses. In 2023, we launched operations or received licenses or registrations in Bermuda, Brazil, Canada, France, Singapore, and Spain. Most of the world's capital is held in institutions. And in 2023, we also meaningfully improved our institutional trading products.\nWith Coinbase Prime, we grew our institutional financing products. We launched Coinbase Asset Management. We even played a key role in the approval of the Bitcoin ETF as Coinbase was selected as the custodian in 8 of 11. This will unlock new pools of capital to flow into the crypto space with Coinbase playing a key role here.\nWe're earning revenue, not just on custody, but also on trading and financing. We've already seen great demand as Bitcoin is now the second largest ETF commodity in the US, surpassing silver. All of these improvements will continue to grow Phase 1, crypto as a new asset class. The second, Coinbase is not just a new asset class, it's also powering new financial services.\nAnd in 2023, stablecoins began to be used in global payments. We launched the ability to send free instant global payments on USD coin using base. We're now in the process of integrating this into our products to make payments of a first-class experience. And in August, we entered into an arrangement with Circle to help expand the utility of USD coin, which is now launched on over a dozen blockchains and is the second largest stablecoin with a market cap of $28 billion.\nIn the third phase and final phase, we believe crypto will also be a new application platform for the Internet. Over time, the Internet has become more and more centralized with big companies. The Internet also didn't start with a native form of money or payments or value built in. So we got credit cards bolted on as an afterthought.\nAnd the number of associated issues like fees, fraud, chargebacks, limited ability to send microtransactions or do cross-border commerce and that led to the rise of ad-based business models. Crypto is decentralizing the Internet with a new set of protocols for money, identity, messaging, social media, content, governance and even voting. And Coinbase is trying to help accelerate this trend in a number of ways. In 2023, we launched our own Layer 2 solution called Base.\nThis will help blockchain scale to $1 billion or more users, bringing down transaction costs and confirmation times similar to the Internet going from dial-up to broadband. We also launched improvements in Coinbase wallet. For instance, we made it easier to find and use decentralized applications or dApps. For instance, with one tap, you can now open and adapt and you're already signed in and you have your wallet connected.\nThere's no sign-up process for each app or having to type your credit card details into each app. It's still early days for crypto as an application platform and many of the early applications look like toys, but it has captured the imagination and hearts of developers, and Coinbase is one of the few companies who can bring together all the decentralized protocols into a compelling customer experience, which is what we're attempting to do with Coinbase Wallet. So that's how we see crypto evolving. First, as a new asset class, second is a new set of financial services; and third is a new application platform.\nIn 2023, I also said regulatory clarity was a top priority, and I want to give you a quick update on this. The majority of G20 countries now have crypto legislation either already passed or being drafted. And this is really great progress. In the US, there are even two bills going through Congress now with strong bipartisan support.\nCoinbase, along with other players in the crypto space, contributed to an $85 million super pack designed to elect pro-crypto candidates in this upcoming US election. And we helped create standwithcrypto.org, a grassroots movement for crypto advocates in the US. Their goal is to get to 1 million voters who want to stand for crypto in the 2024 elections. They're at 30% of that goal today with about 300,000 members and it's growing every week.\nIn the US, we're still working our way through the court system to get clarity there. But in the meantime, we're continuing to grow our business. Anecdotally, it's something our customers come up with and thank me for the most, leading the charge to get regulatory clarity in the US. We remain confident the US will get this right.\nwhether it comes from the courts, creating new case law, Congress passing new legislation, or ultimately the 52 million Americans who've used crypto voting in this upcoming election. Looking ahead to 2024 for a moment, I'd like to share a few of our top priorities for the year in closing. Our first priority will be to drive revenue, especially growing our two largest revenue streams, trading fees, and stablecoins. We'll do this with international expansion, growing derivatives and spot trading and more deeply integrating USD coin into the crypto economy.\nBy continuing to drive revenue growth, it allows us to fund some of our other priorities and the utility aspects of crypto. Our second priority is going to be to keep driving utility in crypto. This year, we'll be experimenting with payments as a use case. We're starting to see adoption of USD stablecoins in emerging markets, especially those with high inflation -- and customers can now send USD coin for free instantly anywhere in the world on base.\nThis has the potential to make global payments much lower friction, reducing fees. We'll also keep supporting developers building on Base. For instance, just recently, we've seen a surge of activity on the decentralized social media protocol Farcaster, and the majority of developers are now building what are called frames on Farcaster using base. We'll also be investing in Coinbase Wallet, our self-custodial app, where many of the early utility applications like decentralized so **Last 60 Days of Bitcoin's Closing Prices:** [42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-16 **Financial & Commodity Data:** - Gold Closing Price: $2011.50 - Crude Oil Closing Price: $79.19 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,019,061,437,200 - Hash Rate: 544386616.4219546 - Transaction Count: 312782.0 - Unique Addresses: 613011.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin (BTC-USD), the world’s largestcryptocurrency, soared to a scorching 155.9% gain in 2023. Much of the gain was driven by excitement over the potential for the approval ofspot Bitcoin ETFsin the United States, which have now launched. But with this catalyst in the rearview mirror, there are still plenty of reasons to believe that Bitcoin could continue to climb higher in the months ahead. I’m bullish on the top digital asset based on the strong demand these ETFs have generated, the potential for spot Bitcoin ETFs in Hong Kong, and Bitcoin’s upcoming halving in April. A lot of excitement about spot Bitcoin ETFs was already baked into the asset’s price, leading some to call their approval a “buy the rumor, sell the news” event. And to some extent, this was true, as Bitcoin’s price has declined since the ETFs launched. But the ETFs look like a major hit based on demand so far, indicating strong interest in Bitcoin from both the general public and institutional investors alike. While money has flowed out of the Grayscale Bitcoin Trust (NYSEARCA:GBTC) (for a variety of reasons, including its higher fees and the end of its lockup period upon ETF conversion), lower-fee funds from big-name asset managers like BlackRock (NYSE:BLK), Fidelity, and ARK Invest are gaining serious traction. BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) has accrued over $2 billion in assets under management (AUM) within just a few short weeks of launching, while the Fidelity Wise Origin Bitcoin Trust (BATS:FBTC) is fast approaching the $2 billion mark as well after picking up $208 million in inflows on January 29 alone, single-handedly offsetting outflows from GBTC. These are huge numbers for ETFs that have existed for less than three full weeks. The demand for these ETFs shows that Bitcoin is evolving into a mainstream financial asset. The continued success of these funds should lead to more buying support for Bitcoin as the funds add to their Bitcoin holdings. Meanwhile, excitement about the potential for a similar rush for spot Bitcoin ETFs is brewing in Hong Kong, one of the world’s top financial centers. Tencent News reports that The Harvest Fund, a major asset manager, has filed to launch a spot Bitcoin ETF with the Securities and Futures Commission (SFC), Hong Kong’s financial regulator. In December, the SFC announced it would start taking applications for these products, and it rolled out a list of requirements. Harvest is hoping to get the green light for this ETF after China’s Lunar New Year. The filing could inspire a wave of additional filings, just like it did in the U.S. Another firm, Venture Smart Financial Group (VSFG), has already unveiled its own plans to launch a spot Bitcoin ETF this quarter, with ambitions of growing to $500 million in AUM by the end of 2024. Hong Kong news outlet Caixin has previously reported that up to 10 funds could try to launch spot Bitcoin ETFs in Hong Kong. The launch of these spot Bitcoin ETFs in a major global financial hub (the Hong Kong Stock Exchange is the world’s sixth-largest stock market) could be another significant catalyst for Bitcoin, going forward. While spot Bitcoin ETFs have dominated the conversation, don’t forget that the Bitcoin halving is coming up in just a few short months. The next Bitcoin halving is anticipated to take place in April. Bitcoin halving events take place every four years. During this time, the reward that Bitcoin miners receive for producing, or “mining”, a new block of Bitcoin is cut in half, hence the name.Bitcoin minerslike Marathon Digital (NYSE:MARA), Riot Platforms (NASDAQ:RIOT),and Bitdeer(NASDAQ:BTDR) currently receive 6.25 new Bitcoins for each block they produce, but after the halving, this incentive will be reduced to 3.125 BTC. The halving slows down Bitcoin’s inflation rate and makes Bitcoin more scarce over time, which should, in turn, increase its value. Past performance is, of course, no guarantee of future results, but the previous halvings have often preceded significant moves to the upside. During years in which halvings have previously occured, Bitcoin’s price has increased by an average of 128%. Based on these results, it’s easy to get excited about the upcoming halving. The rampant speculation about the approval of spot Bitcoin ETFs that drove prices higher is now in the rearview mirror, but there are plenty of catalysts moving forward and plenty of reasons to remain bullish. I’m bullish on Bitcoin and believe it can continue to move higher over the next few months based on the early success and demand for the new spot Bitcoin ETFs, the potential for the approval of a new slate of spot Bitcoin ETFs in Hong Kong, one of the world’s most active financial markets, and the upcoming halving in April, which has historically been a positive catalyst for Bitcoin prices. Disclosure... - Reddit Posts (Sample): [['u/Lqtence', 'Is investing into SOL right now a good decision?', 17, '2024-02-16 00:54', 'https://www.reddit.com/r/solana/comments/1aru9g7/is_investing_into_sol_right_now_a_good_decision/', "Hi, i'm pretty new to cryptocurrency. \n\nI have about $100USD to invest, nothing too much and since 100USD is basically indifferent to BTC, i tried going for the other smaller coins that might bring in more percentage profit, which are still reliable and not a shitcoin.\n\nI know i'm quite late to the party, but do you guys believe it is just a bull run from here on up? Or is there any chance for the market to dip around March or so, again, i'm pretty clueless on this stuff. \n\nHow about ETH? Would that be a smart move to invest in or not and how does Sol compare with other coins such as Avalanche, XRP, Coinlink, etc.\n\nAny help would be greatly appreciated", 'https://www.reddit.com/r/solana/comments/1aru9g7/is_investing_into_sol_right_now_a_good_decision/', '1aru9g7', [['u/PhenomeNarc', 42, '2024-02-16 01:05', 'https://www.reddit.com/r/solana/comments/1aru9g7/is_investing_into_sol_right_now_a_good_decision/kqm3a6a/', "Brother, you're coming to a sub dedicated to Solana, asking if putting cash in now would be good.\n\nThe answer is yes.", '1aru9g7'], ['u/stepTOF', 10, '2024-02-16 01:13', 'https://www.reddit.com/r/solana/comments/1aru9g7/is_investing_into_sol_right_now_a_good_decision/kqm4hv5/', 'who ever told you this… (like the rest of us) doesnt have a crystal ball. \n\nCould dip to 40 or it rockets. \nAll I can say is, dont get left behind 🥳🥰', '1aru9g7']]], ['u/Lqtence', 'New to cryptocurrency, need help', 10, '2024-02-16 01:05', 'https://www.reddit.com/r/CryptoCurrency/comments/1aruinp/new_to_cryptocurrency_need_help/', "Hi, i'm pretty new to cryptocurrency.\n\nI have about $100USD to invest, nothing too much and since 100USD is basically indifferent to BTC, i tried going for the other smaller coins that might bring in more percentage profit, which are still reliable and not a shitcoin.\n\nWith this out of the way, what do you guys think, what type of portfolio would best suit my needs? Granted the low investment, I believe smaller cryptocurrencies would be the right call\n\nI've shortlisted a few, \n\nSol, AVAX, XRP, Chainlink, Cardano and ETH\n\nWhich one do you think is the best call and how should I diversify? + Is it the right time to invest at the moment, given we're anticipating a huge bull run in the near future. Are there any dips expected in the coming weeks, or should I just press the button and invest. \n\nSorry for the cluelessness, any help is appreciated\n\nThank you", 'https://www.reddit.com/r/CryptoCurrency/comments/1aruinp/new_to_cryptocurrency_need_help/', '1aruinp', [['u/Hank___Scorpio', 15, '2024-02-16 01:23', 'https://www.reddit.com/r/CryptoCurrency/comments/1aruinp/new_to_cryptocurrency_need_help/kqm61jw/', "Sounds like your money is the problem you're having.\n\nMake more money. Gamble less.", '1aruinp'], ['u/Racenmotorsports', 21, '2024-02-16 01:33', 'https://www.reddit.com/r/CryptoCurrency/comments/1aruinp/new_to_cryptocurrency_need_help/kqm7nnh/', 'I threw 100 in btc last week. Made $24. 24% return not bad. Got to start somewhere.', '1aruinp'], ['u/Deez1putz', 17, '2024-02-16 02:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1aruinp/new_to_cryptocurrency_need_help/kqme6u6/', 'Buy Bitcoin, get a job, buy more Bitcoin.', '1aruinp'], ['u/416_Ghost', 10, '2024-02-16 05:48', 'https://www.reddit.com/r/CryptoCurrency/comments/1aruinp/new_to_cryptocurrency_need_help/kqn7xaj/', "New to crypto? And I'm assuming new to the sub? Here's some advice, ignore your dm's", '1aruinp']]], ['u/klawzewitz', 'Lego Block Chain', 17, '2024-02-16 02:31', 'https://www.reddit.com/r/bsv/comments/1arwcbz/lego_block_chain/', 'Just a quick question. Maybe I missed, but I haven\'t seen anyone mention this point.\n\nOne of the witnesses today said he heard Craig say "Lego blockchain" therefore using this as an evidence that craig was somehow working on Bitcoin (which is a blockchain).\n\nEven when we ignore the fact that the term came much later, how is this even considered evidence?\n\nLet\'s agree that the guy actually heard Craig say that. Do you think he said "Lego blockchain", or "Lego block chain"?\n\nIn fact, it would be weird to say "Lego chain". When people refer to each individual lego piece they say "Lego blocks". If it\'s a chain made up of Lego blocks, it\'s "Lego block chain".\n\nNot "Lego Blockchain".', 'https://www.reddit.com/r/bsv/comments/1arwcbz/lego_block_chain/', '1arwcbz', [['u/anonymouscitizen2', 12, '2024-02-16 03:22', 'https://www.reddit.com/r/bsv/comments/1arwcbz/lego_block_chain/kqmo0fy/', 'Lego batman joker set. With Receipts.\n\nGoodbye COPA. You are finished.', '1arwcbz']]], ['u/QuantenMechaniker', 'Bank payment received & missed it', 25, '2024-02-16 02:33', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1arwe6e/bank_payment_received_missed_it/', "X 1XXXX creditor here, i received my bank payment on the 26th of January and failed to realize that I got paid. Still can't really believe it but the money is in my account.\n\na couple of days ago, i also received word from Kraken that my account is in good standing. can't wait to see what little BTC I had left before the exchange went down finally returning to me.\n\nwhat a ride this last decade was. i remember sending a very angry email to the mt gox support in February 2014 for not receiving my funds.", 'https://www.reddit.com/r/mtgoxinsolvency/comments/1arwe6e/bank_payment_received_missed_it/', '1arwe6e', [['u/joncolours', 10, '2024-02-16 02:55', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1arwe6e/bank_payment_received_missed_it/kqmk02z/', 'Either you’re really rich or the payment was inconsequentially small.', '1arwe6e'], ['u/8XtmTP3e', 16, '2024-02-16 07:43', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1arwe6e/bank_payment_received_missed_it/kqnk1p9/', 'Or, like me, the process has just taken so damn long that it’s in a bank account you don’t use. I’ve moved banks three times or more but I have to keep this one account open because it’s probably easier than trying to contact the trustee to change it. But this will be the last payment in/out of it', '1arwe6e']]], ['u/Out_Of_The_Bl00', 'Finally out of crypto, all in on VTI/VXUS', 190, '2024-02-16 02:34', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/', "In highschool I went wild on crypto purely as a gamble/meme. I had put in over the last decade just holding onto it and slowly letting some go. It bubbled to 60k and I let it pass. I said no more and 50k I would exit. I started to sweat when it hit 25k down from 65k and was stressed but I had no reason to be in reality. I had already made my initial investments and mining efforts back and then some. There wasn't anything materially lost on my end, but I was in knots. That's when I knew it had to stop.\n\nI started to think as I got older, now in my 30s, I can't tolerate that kind of risk anymore. What if I die tomorrow, how would anyone benefit from my magic coins. Or know where they are to recover and handle them. Considered doing a will, which I may still do, but after putting a lot of legwork learning about bogleheads and profiting here too, I decided to pull the trigger.\n\nI put half a million into VTI and VXUS today, 60/40 roughly but I didn't even do an exact math. I already have bonds in my 401k which in general I've also converted to a similar bogleheads split btw. Immediately, I felt better and less stressed, I saw it popped up further and I would've normally done the math to figure out how much I missed out on. But I'm not going to look anymore.\n\nNot everyone will agree with this and I've reconciled that BTC could explode to 100 or more and I'll miss out, but I'm very happy with what I have. When the multiple transfers cleared and it was in my bank, I was relieved and feel like I got out from under something that had been haunting me for many years. What went from funny money to reality became a constant checking of my phone for the price and watching charts. Id miss big waves and kick myself over it. Or id try to react to a swing and miss big time on the next run. Those missteps cost me more than pulling out and investing sooner in something more stable.\n\nThank you to the sub and the people active here all the time. Along with the FAQ and chart. I feel financially more secure the more I visit and read here. I've successfully gone all in on backdoor roths and even doing my own taxes each year. I've put aside the money I roughly expect in taxes this year and even for next year which will be big for this year. Before the sub, I was like an infant with this stuff and I couldn't be more grateful!", 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/', '1arwesr', [['u/Key_Enthusiasm4481', 171, '2024-02-16 02:49', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqmj50u/', 'You chose to invest your life savings by betting on the World instead of shitcoin shills that have zero value.\n\nThink you made the right choice.', '1arwesr'], ['u/Out_Of_The_Bl00', 35, '2024-02-16 03:07', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqmltgj/', "Thanks. I felt that BTC is a superior coin to the rest of the bullshit, I may still maintain a bit of that but in the end, it's *always* been funny money to me. I held on merely as a gamble this whole time. I've had actual conversations with myself about going out to a casino, and said no, I'm going to put that money into BTC instead.*It just happened to work in my favor.* At the end of the day, I needed to start being way more responsible with risk management and my future. Especially if I croak, I don't want the value to vanish.\xa0", '1arwesr'], ['u/Important_Message_57', 19, '2024-02-16 04:3... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Coinbase Global(NASDAQ: COIN)Q4 2023 Earnings CallFeb 15, 2024,5:30 p.m. ET\n• Prepared Remarks\n• Questions and Answers\n• Call Participants\nOperator\nGood afternoon. My name is Sarah, and I will be your conference operator today. At this time, I would like to welcome everyone to the Coinbase fourth quarter and full year 2023 earnings call. All lines have been placed on mute to prevent any background noise.\nAfter the speakers' remarks, there will be a question-and-answer session. [Operator instructions] Anil Gupta, vice president, investor relations, you may begin your conference.\nAnil Gupta--Vice President, Investor Relations\nGood afternoon, and welcome to the Coinbase fourth quarter and full year 2023 earnings call. Joining me on today's call are Brian Armstrong, co-founder and CEO; Emilie Choi, president and COO; Alesia Haas, CFO; and Paul Grewal, chief legal officer. I hope you've all had the opportunity to read our shareholder letter, which was published on our investor relations website earlier today. Before we get started, I'd like to remind you that during today's call, we may make forward-looking statements.\nActual results may vary materially from today's statements. Information concerning risks, uncertainties, and other factors that could cause these results to differ is included in our SEC filings. Our discussion today will also include references to certain non-GAAP financial metrics. Reconciliations to the most directly comparable GAAP financial measures are provided in the shareholder letter on our investor relations website.\nShould you invest $1,000 in Coinbase Global right now?\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002*.\nSee the 10 stocks\n*Stock Advisor returns as of February 12, 2024\nNon-GAAP financial measures should be considered in addition to, not as a substitute for GAAP measures. We are once again using safe technologies to enable our shareholders to ask questions. In addition, we will take some live questions from our research analysts. And with that, I'll turn it over to Brian for opening comments.\nBrian Armstrong--Co-Founder and Chief Executive Officer\nThanks, Anil. I'm proud to say that in 2023, we cut costs by 45% year over year and managed to ship products faster with a lean team. This led to $95 million of positive net income for 2023, $964 million in positive adjusted EBITDA, and total revenue of $3.1 billion. Coinbase has always taken a long-term approach focusing on building in a compliant manner even when it wasn't the popular choice.\nMany of our competitors cut corners and broke laws to get big fast, and we've seen how that strategy played out. By contrast, Coinbase has now established itself as the trusted leader in crypto. I've always said that crypto adoption will happen in three phases, and I want to touch on what we did in 2023 to help drive each of those. In Phase 1, crypto is a new asset class that people want to trade.\nCrypto trading has been a major revenue driver for the industry, and Coinbase is the leader in spot trading in the US But in 2018, derivatives trading became the majority of crypto trading volume. It took us longer to do it in a compliant way, but I'm happy to report that in 2023, we have now launched derivatives trading globally. In Q2, we launched Coinbase International Exchange, which offers derivatives trading to non-US customers. And in Q4, we launched Coinbase Financial Markets, which offers regulated futures trading in the US.\nWe also expanded our trading products around the world by getting new licenses. In 2023, we launched operations or received licenses or registrations in Bermuda, Brazil, Canada, France, Singapore, and Spain. Most of the world's capital is held in institutions. And in 2023, we also meaningfully improved our institutional trading products.\nWith Coinbase Prime, we grew our institutional financing products. We launched Coinbase Asset Management. We even played a key role in the approval of the Bitcoin ETF as Coinbase was selected as the custodian in 8 of 11. This will unlock new pools of capital to flow into the crypto space with Coinbase playing a key role here.\nWe're earning revenue, not just on custody, but also on trading and financing. We've already seen great demand as Bitcoin is now the second largest ETF commodity in the US, surpassing silver. All of these improvements will continue to grow Phase 1, crypto as a new asset class. The second, Coinbase is not just a new asset class, it's also powering new financial services.\nAnd in 2023, stablecoins began to be used in global payments. We launched the ability to send free instant global payments on USD coin using base. We're now in the process of integrating this into our products to make payments of a first-class experience. And in August, we entered into an arrangement with Circle to help expand the utility of USD coin, which is now launched on over a dozen blockchains and is the second largest stablecoin with a market cap of $28 billion.\nIn the third phase and final phase, we believe crypto will also be a new application platform for the Internet. Over time, the Internet has become more and more centralized with big companies. The Internet also didn't start with a native form of money or payments or value built in. So we got credit cards bolted on as an afterthought.\nAnd the number of associated issues like fees, fraud, chargebacks, limited ability to send microtransactions or do cross-border commerce and that led to the rise of ad-based business models. Crypto is decentralizing the Internet with a new set of protocols for money, identity, messaging, social media, content, governance and even voting. And Coinbase is trying to help accelerate this trend in a number of ways. In 2023, we launched our own Layer 2 solution called Base.\nThis will help blockchain scale to $1 billion or more users, bringing down transaction costs and confirmation times similar to the Internet going from dial-up to broadband. We also launched improvements in Coinbase wallet. For instance, we made it easier to find and use decentralized applications or dApps. For instance, with one tap, you can now open and adapt and you're already signed in and you have your wallet connected.\nThere's no sign-up process for each app or having to type your credit card details into each app. It's still early days for crypto as an application platform and many of the early applications look like toys, but it has captured the imagination and hearts of developers, and Coinbase is one of the few companies who can bring together all the decentralized protocols into a compelling customer experience, which is what we're attempting to do with Coinbase Wallet. So that's how we see crypto evolving. First, as a new asset class, second is a new set of financial services; and third is a new application platform.\nIn 2023, I also said regulatory clarity was a top priority, and I want to give you a quick update on this. The majority of G20 countries now have crypto legislation either already passed or being drafted. And this is really great progress. In the US, there are even two bills going through Congress now with strong bipartisan support.\nCoinbase, along with other players in the crypto space, contributed to an $85 million super pack designed to elect pro-crypto candidates in this upcoming US election. And we helped create standwithcrypto.org, a grassroots movement for crypto advocates in the US. Their goal is to get to 1 million voters who want to stand for crypto in the 2024 elections. They're at 30% of that goal today with about 300,000 members and it's growing every week.\nIn the US, we're still working our way through the court system to get clarity there. But in the meantime, we're continuing to grow our business. Anecdotally, it's something our customers come up with and thank me for the most, leading the charge to get regulatory clarity in the US. We remain confident the US will get this right.\nwhether it comes from the courts, creating new case law, Congress passing new legislation, or ultimately the 52 million Americans who've used crypto voting in this upcoming election. Looking ahead to 2024 for a moment, I'd like to share a few of our top priorities for the year in closing. Our first priority will be to drive revenue, especially growing our two largest revenue streams, trading fees, and stablecoins. We'll do this with international expansion, growing derivatives and spot trading and more deeply integrating USD coin into the crypto economy.\nBy continuing to drive revenue growth, it allows us to fund some of our other priorities and the utility aspects of crypto. Our second priority is going to be to keep driving utility in crypto. This year, we'll be experimenting with payments as a use case. We're starting to see adoption of USD stablecoins in emerging markets, especially those with high inflation -- and customers can now send USD coin for free instantly anywhere in the world on base.\nThis has the potential to make global payments much lower friction, reducing fees. We'll also keep supporting developers building on Base. For instance, just recently, we've seen a surge of activity on the decentralized social media protocol Farcaster, and the majority of developers are now building what are called frames on Farcaster using base. We'll also be investing in Coinbase Wallet, our self-custodial app, where many of the early utility applications like decentralized so **Last 60 Days of Bitcoin's Closing Prices:** [42623.54, 42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-02-16 **Financial & Commodity Data:** - Gold Closing Price: $2011.50 - Crude Oil Closing Price: $79.19 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,019,061,437,200 - Hash Rate: 544386616.4219546 - Transaction Count: 312782.0 - Unique Addresses: 613011.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin (BTC-USD), the world’s largestcryptocurrency, soared to a scorching 155.9% gain in 2023. Much of the gain was driven by excitement over the potential for the approval ofspot Bitcoin ETFsin the United States, which have now launched. But with this catalyst in the rearview mirror, there are still plenty of reasons to believe that Bitcoin could continue to climb higher in the months ahead. I’m bullish on the top digital asset based on the strong demand these ETFs have generated, the potential for spot Bitcoin ETFs in Hong Kong, and Bitcoin’s upcoming halving in April. A lot of excitement about spot Bitcoin ETFs was already baked into the asset’s price, leading some to call their approval a “buy the rumor, sell the news” event. And to some extent, this was true, as Bitcoin’s price has declined since the ETFs launched. But the ETFs look like a major hit based on demand so far, indicating strong interest in Bitcoin from both the general public and institutional investors alike. While money has flowed out of the Grayscale Bitcoin Trust (NYSEARCA:GBTC) (for a variety of reasons, including its higher fees and the end of its lockup period upon ETF conversion), lower-fee funds from big-name asset managers like BlackRock (NYSE:BLK), Fidelity, and ARK Invest are gaining serious traction. BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) has accrued over $2 billion in assets under management (AUM) within just a few short weeks of launching, while the Fidelity Wise Origin Bitcoin Trust (BATS:FBTC) is fast approaching the $2 billion mark as well after picking up $208 million in inflows on January 29 alone, single-handedly offsetting outflows from GBTC. These are huge numbers for ETFs that have existed for less than three full weeks. The demand for these ETFs shows that Bitcoin is evolving into a mainstream financial asset. The continued success of these funds should lead to more buying support for Bitcoin as the funds add to their Bitcoin holdings. Meanwhile, excitement about the potential for a similar rush for spot Bitcoin ETFs is brewing in Hong Kong, one of the world’s top financial centers. Tencent News reports that The Harvest Fund, a major asset manager, has filed to launch a spot Bitcoin ETF with the Securities and Futures Commission (SFC), Hong Kong’s financial regulator. In December, the SFC announced it would start taking applications for these products, and it rolled out a list of requirements. Harvest is hoping to get the green light for this ETF after China’s Lunar New Year. The filing could inspire a wave of additional filings, just like it did in the U.S. Another firm, Venture Smart Financial Group (VSFG), has already unveiled its own plans to launch a spot Bitcoin ETF this quarter, with ambitions of growing to $500 million in AUM by the end of 2024. Hong Kong news outlet Caixin has previously reported that up to 10 funds could try to launch spot Bitcoin ETFs in Hong Kong. The launch of these spot Bitcoin ETFs in a major global financial hub (the Hong Kong Stock Exchange is the world’s sixth-largest stock market) could be another significant catalyst for Bitcoin, going forward. While spot Bitcoin ETFs have dominated the conversation, don’t forget that the Bitcoin halving is coming up in just a few short months. The next Bitcoin halving is anticipated to take place in April. Bitcoin halving events take place every four years. During this time, the reward that Bitcoin miners receive for producing, or “mining”, a new block of Bitcoin is cut in half, hence the name.Bitcoin minerslike Marathon Digital (NYSE:MARA), Riot Platforms (NASDAQ:RIOT),and Bitdeer(NASDAQ:BTDR) currently receive 6.25 new Bitcoins for each block they produce, but after the halving, this incentive will be reduced to 3.125 BTC. The halving slows down Bitcoin’s inflation rate and makes Bitcoin more scarce over time, which should, in turn, increase its value. Past performance is, of course, no guarantee of future results, but the previous halvings have often preceded significant moves to the upside. During years in which halvings have previously occured, Bitcoin’s price has increased by an average of 128%. Based on these results, it’s easy to get excited about the upcoming halving. The rampant speculation about the approval of spot Bitcoin ETFs that drove prices higher is now in the rearview mirror, but there are plenty of catalysts moving forward and plenty of reasons to remain bullish. I’m bullish on Bitcoin and believe it can continue to move higher over the next few months based on the early success and demand for the new spot Bitcoin ETFs, the potential for the approval of a new slate of spot Bitcoin ETFs in Hong Kong, one of the world’s most active financial markets, and the upcoming halving in April, which has historically been a positive catalyst for Bitcoin prices. Disclosure... - Reddit Posts (Sample): [['u/Lqtence', 'Is investing into SOL right now a good decision?', 17, '2024-02-16 00:54', 'https://www.reddit.com/r/solana/comments/1aru9g7/is_investing_into_sol_right_now_a_good_decision/', "Hi, i'm pretty new to cryptocurrency. \n\nI have about $100USD to invest, nothing too much and since 100USD is basically indifferent to BTC, i tried going for the other smaller coins that might bring in more percentage profit, which are still reliable and not a shitcoin.\n\nI know i'm quite late to the party, but do you guys believe it is just a bull run from here on up? Or is there any chance for the market to dip around March or so, again, i'm pretty clueless on this stuff. \n\nHow about ETH? Would that be a smart move to invest in or not and how does Sol compare with other coins such as Avalanche, XRP, Coinlink, etc.\n\nAny help would be greatly appreciated", 'https://www.reddit.com/r/solana/comments/1aru9g7/is_investing_into_sol_right_now_a_good_decision/', '1aru9g7', [['u/PhenomeNarc', 42, '2024-02-16 01:05', 'https://www.reddit.com/r/solana/comments/1aru9g7/is_investing_into_sol_right_now_a_good_decision/kqm3a6a/', "Brother, you're coming to a sub dedicated to Solana, asking if putting cash in now would be good.\n\nThe answer is yes.", '1aru9g7'], ['u/stepTOF', 10, '2024-02-16 01:13', 'https://www.reddit.com/r/solana/comments/1aru9g7/is_investing_into_sol_right_now_a_good_decision/kqm4hv5/', 'who ever told you this… (like the rest of us) doesnt have a crystal ball. \n\nCould dip to 40 or it rockets. \nAll I can say is, dont get left behind 🥳🥰', '1aru9g7']]], ['u/Lqtence', 'New to cryptocurrency, need help', 10, '2024-02-16 01:05', 'https://www.reddit.com/r/CryptoCurrency/comments/1aruinp/new_to_cryptocurrency_need_help/', "Hi, i'm pretty new to cryptocurrency.\n\nI have about $100USD to invest, nothing too much and since 100USD is basically indifferent to BTC, i tried going for the other smaller coins that might bring in more percentage profit, which are still reliable and not a shitcoin.\n\nWith this out of the way, what do you guys think, what type of portfolio would best suit my needs? Granted the low investment, I believe smaller cryptocurrencies would be the right call\n\nI've shortlisted a few, \n\nSol, AVAX, XRP, Chainlink, Cardano and ETH\n\nWhich one do you think is the best call and how should I diversify? + Is it the right time to invest at the moment, given we're anticipating a huge bull run in the near future. Are there any dips expected in the coming weeks, or should I just press the button and invest. \n\nSorry for the cluelessness, any help is appreciated\n\nThank you", 'https://www.reddit.com/r/CryptoCurrency/comments/1aruinp/new_to_cryptocurrency_need_help/', '1aruinp', [['u/Hank___Scorpio', 15, '2024-02-16 01:23', 'https://www.reddit.com/r/CryptoCurrency/comments/1aruinp/new_to_cryptocurrency_need_help/kqm61jw/', "Sounds like your money is the problem you're having.\n\nMake more money. Gamble less.", '1aruinp'], ['u/Racenmotorsports', 21, '2024-02-16 01:33', 'https://www.reddit.com/r/CryptoCurrency/comments/1aruinp/new_to_cryptocurrency_need_help/kqm7nnh/', 'I threw 100 in btc last week. Made $24. 24% return not bad. Got to start somewhere.', '1aruinp'], ['u/Deez1putz', 17, '2024-02-16 02:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1aruinp/new_to_cryptocurrency_need_help/kqme6u6/', 'Buy Bitcoin, get a job, buy more Bitcoin.', '1aruinp'], ['u/416_Ghost', 10, '2024-02-16 05:48', 'https://www.reddit.com/r/CryptoCurrency/comments/1aruinp/new_to_cryptocurrency_need_help/kqn7xaj/', "New to crypto? And I'm assuming new to the sub? Here's some advice, ignore your dm's", '1aruinp']]], ['u/klawzewitz', 'Lego Block Chain', 17, '2024-02-16 02:31', 'https://www.reddit.com/r/bsv/comments/1arwcbz/lego_block_chain/', 'Just a quick question. Maybe I missed, but I haven\'t seen anyone mention this point.\n\nOne of the witnesses today said he heard Craig say "Lego blockchain" therefore using this as an evidence that craig was somehow working on Bitcoin (which is a blockchain).\n\nEven when we ignore the fact that the term came much later, how is this even considered evidence?\n\nLet\'s agree that the guy actually heard Craig say that. Do you think he said "Lego blockchain", or "Lego block chain"?\n\nIn fact, it would be weird to say "Lego chain". When people refer to each individual lego piece they say "Lego blocks". If it\'s a chain made up of Lego blocks, it\'s "Lego block chain".\n\nNot "Lego Blockchain".', 'https://www.reddit.com/r/bsv/comments/1arwcbz/lego_block_chain/', '1arwcbz', [['u/anonymouscitizen2', 12, '2024-02-16 03:22', 'https://www.reddit.com/r/bsv/comments/1arwcbz/lego_block_chain/kqmo0fy/', 'Lego batman joker set. With Receipts.\n\nGoodbye COPA. You are finished.', '1arwcbz']]], ['u/QuantenMechaniker', 'Bank payment received & missed it', 25, '2024-02-16 02:33', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1arwe6e/bank_payment_received_missed_it/', "X 1XXXX creditor here, i received my bank payment on the 26th of January and failed to realize that I got paid. Still can't really believe it but the money is in my account.\n\na couple of days ago, i also received word from Kraken that my account is in good standing. can't wait to see what little BTC I had left before the exchange went down finally returning to me.\n\nwhat a ride this last decade was. i remember sending a very angry email to the mt gox support in February 2014 for not receiving my funds.", 'https://www.reddit.com/r/mtgoxinsolvency/comments/1arwe6e/bank_payment_received_missed_it/', '1arwe6e', [['u/joncolours', 10, '2024-02-16 02:55', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1arwe6e/bank_payment_received_missed_it/kqmk02z/', 'Either you’re really rich or the payment was inconsequentially small.', '1arwe6e'], ['u/8XtmTP3e', 16, '2024-02-16 07:43', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1arwe6e/bank_payment_received_missed_it/kqnk1p9/', 'Or, like me, the process has just taken so damn long that it’s in a bank account you don’t use. I’ve moved banks three times or more but I have to keep this one account open because it’s probably easier than trying to contact the trustee to change it. But this will be the last payment in/out of it', '1arwe6e']]], ['u/Out_Of_The_Bl00', 'Finally out of crypto, all in on VTI/VXUS', 190, '2024-02-16 02:34', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/', "In highschool I went wild on crypto purely as a gamble/meme. I had put in over the last decade just holding onto it and slowly letting some go. It bubbled to 60k and I let it pass. I said no more and 50k I would exit. I started to sweat when it hit 25k down from 65k and was stressed but I had no reason to be in reality. I had already made my initial investments and mining efforts back and then some. There wasn't anything materially lost on my end, but I was in knots. That's when I knew it had to stop.\n\nI started to think as I got older, now in my 30s, I can't tolerate that kind of risk anymore. What if I die tomorrow, how would anyone benefit from my magic coins. Or know where they are to recover and handle them. Considered doing a will, which I may still do, but after putting a lot of legwork learning about bogleheads and profiting here too, I decided to pull the trigger.\n\nI put half a million into VTI and VXUS today, 60/40 roughly but I didn't even do an exact math. I already have bonds in my 401k which in general I've also converted to a similar bogleheads split btw. Immediately, I felt better and less stressed, I saw it popped up further and I would've normally done the math to figure out how much I missed out on. But I'm not going to look anymore.\n\nNot everyone will agree with this and I've reconciled that BTC could explode to 100 or more and I'll miss out, but I'm very happy with what I have. When the multiple transfers cleared and it was in my bank, I was relieved and feel like I got out from under something that had been haunting me for many years. What went from funny money to reality became a constant checking of my phone for the price and watching charts. Id miss big waves and kick myself over it. Or id try to react to a swing and miss big time on the next run. Those missteps cost me more than pulling out and investing sooner in something more stable.\n\nThank you to the sub and the people active here all the time. Along with the FAQ and chart. I feel financially more secure the more I visit and read here. I've successfully gone all in on backdoor roths and even doing my own taxes each year. I've put aside the money I roughly expect in taxes this year and even for next year which will be big for this year. Before the sub, I was like an infant with this stuff and I couldn't be more grateful!", 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/', '1arwesr', [['u/Key_Enthusiasm4481', 171, '2024-02-16 02:49', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqmj50u/', 'You chose to invest your life savings by betting on the World instead of shitcoin shills that have zero value.\n\nThink you made the right choice.', '1arwesr'], ['u/Out_Of_The_Bl00', 35, '2024-02-16 03:07', 'https://www.reddit.com/r/Bogleheads/comments/1arwesr/finally_out_of_crypto_all_in_on_vtivxus/kqmltgj/', "Thanks. I felt that BTC is a superior coin to the rest of the bullshit, I may still maintain a bit of that but in the end, it's *always* been funny money to me. I held on merely as a gamble this whole time. I've had actual conversations with myself about going out to a casino, and said no, I'm going to put that money into BTC instead.*It just happened to work in my favor.* At the end of the day, I needed to start being way more responsible with risk management and my future. Especially if I croak, I don't want the value to vanish.\xa0", '1arwesr'], ['u/Important_Message_57', 19, '2024-02-16 04:3... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Top 10 Creations (All ETFs)\n[{"Ticker": "VB", "Name": "Vanguard Small-Cap ETF", "Net Flows ($, mm)": "889.80", "AUM ($, mm)": "52,433.70", "AUM % Change": "1.70%"}, {"Ticker": "VUG", "Name": "Vanguard Growth ETF", "Net Flows ($, mm)": "497.32", "AUM ($, mm)": "113,915.49", "AUM % Change": "0.44%"}, {"Ticker": "FDVV", "Name": "Fidelity High Dividend ETF", "Net Flows ($, mm)": "485.03", "AUM ($, mm)": "2,716.15", "AUM % Change": "17.86%"}, {"Ticker": "VTV", "Name": "Vanguard Value ETF", "Net Flows ($, mm)": "438.84", "AUM ($, mm)": "107,738.17", "AUM % Change": "0.41%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "350.87", "AUM ($, mm)": "433,427.02", "AUM % Change": "0.08%"}, {"Ticker": "SOXL", "Name": "Direxion Daily Semiconductor Bull 3X Shares", "Net Flows ($, mm)": "333.42", "AUM ($, mm)": "9,706.48", "AUM % Change": "3.44%"}, {"Ticker": "IWD", "Name": "iShares Russell 1000 Value ETF", "Net Flows ($, mm)": "325.43", "AUM ($, mm)": "52,627.50", "AUM % Change": "0.62%"}, {"Ticker": "TMF", "Name": "Direxion Daily 20+ Year Treasury Bull 3X Shares", "Net Flows ($, mm)": "298.59", "AUM ($, mm)": "4,848.05", "AUM % Change": "6.16%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "224.30", "AUM ($, mm)": "5,678.21", "AUM % Change": "3.95%"}, {"Ticker": "SPLG", "Name": "SPDR Portfolio S&P 500 ETF", "Net Flows ($, mm)": "202.43", "AUM ($, mm)": "31,129.74", "AUM % Change": "0.65%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-3,591.66", "AUM ($, mm)": "488,756.02", "AUM % Change": "-0.73%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "-1,925.78", "AUM ($, mm)": "367,615.97", "AUM % Change": "-0.52%"}, {"Ticker": "USMV", "Name": "iShares MSCI USA Min Vol Factor ETF", "Net Flows ($, mm)": "-993.16", "AUM ($, mm)": "25,125.31", "AUM % Change": "-3.95%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "-601.17", "AUM ($, mm)": "33,396.96", "AUM % Change": "-1.80%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "-590.22", "AUM ($, mm)": "404,974.47", "AUM % Change": "-0.15%"}, {"Ticker": "RSP", "Name": "Invesco S&P 500 Equal Weight ETF", "Net Flows ($, mm)": "-570.26", "AUM ($, mm)": "48,655.26", "AUM % Change": "-1.17%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "-520.19", "AUM ($, mm)": "248,562.02", "AUM % Change": "-0.21%"}, {"Ticker": "XLE", "Name": "Energy Select Sector SPDR Fund", "Net Flows ($, mm)": "-462.40", "AUM ($, mm)": "34,569.36", "AUM % Change": "-1.34%"}, {"Ticker": "IXN", "Name": "iShares Global Tech ETF", "Net Flows ($, mm)": "-297.74", "AUM ($, mm)": "4,422.53", "AUM % Change": "-6.73%"}, {"Ticker": "VCIT", "Name": "Vanguard Intermediate-Term Corporate Bond ETF", "Net Flows ($, mm)": "-254.52", "AUM ($, mm)": "45,233.68", "AUM % Change": "-0.56%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "12.34", "AUM ($, mm)": "6,942.30", "% of AUM": "0.18%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "13.24", "AUM ($, mm)": "17,056.27", "% of AUM": "0.08%"}, {"": "Commodities", "Net Flows ($, mm)": "-23.15", "AUM ($, mm)": "121,653.35", "% of AUM": "-0.02%"}, {"": "Currency", "Net Flows ($, mm)": "221.73", "AUM ($, mm)": "40,085.29", "% of AUM": "0.55%"}, {"": "International Equity", "Net Flows ($, mm)": "80.60", "AUM ($, mm)": "1,375,415.90", "% of AUM": "0.01%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "-89.06", "AUM ($, mm)": "173,186.67", "% of AUM": "-0.05%"}, {"": "Inverse", "Net Flows ($, mm)": "-232.82", "AUM ($, mm)": "14,095.21", "% of AUM": "-1.65%"}, {"": "Leveraged", "Net Flows ($, mm)": "954.81", "AUM ($, mm)": "87,889.05", "% of AUM": "1.09%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-5,545.45", "AUM ($, mm)": "5,161,958.54", "% of AUM": "-0.11%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "-1,811.12", "AUM ($, mm)": "1,355,572.08", "% of AUM": "-0.13%"}, {"": "Total:", "Net Flows ($, mm)": "-6,418.88", "AUM ($, mm)": "8,353,854.66", "% of AUM": "-0.08%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', '• US stocks slipped lower on Friday after a hot inflation print capped off a week of key data points.\n• The S&P 500 dipped 0.27% over the past five days, ending a 5-week win streak.\n• "Indeed, [the PPI data] has aligned the Fed\'s projected rate path with the market\'s, as investors are now pricing in just three cuts this year."\nThe stock market slipped on Friday after hot inflation capped off a busy week of economic data prints.\nThe Producer Price Index came in higher than expected, showing a 0.3% increase in prices from December, with a year-over-year increase of 0.9%. That\'s afterhot CPI data rolled in earlier this week.\nEven though the market recovered from Tuesday\'s hiccup, investor gloom has knocked stocks off a 5-week win streak. The S&P 500 is down 0.27% in the past 5 days, while the Nasdaq is down 1.02%.\nThis week also saw retail sales data slide lower, down 0.8% from a month earlier in January.\nThese data points highlight a robust economy, but mean a Fed rate cut is farther out than markets were hoping. On Thursday, Atlanta Fed president Raphael Bostic said he\'s not convinced that inflation is definitely headed toward the central bank\'s 2% target.\nAfter the PPI data came out, odds that the Fed would hold rates where they are during their May meeting jumped another 10%, according to the CME FedWatch Tool.\n"Indeed, this [inflation] report has aligned the Fed\'s projected rate path with the market\'s, as investors are now pricing in just three cuts this year; earlier this year, they had expected seven," said José Torres, Senior Economist at Interactive Brokers. "The sharp adjustment in expectations has yet to affect equities in a meaningful way, however, with bullish sentiment and better-than-expected earnings reports providing robust support."\nHere\'s where US indexes stood at the closing bell at 4:00 p.m. on Friday:\n• S&P 500:5,00.55, down 0.38%\n• Dow Jones Industrial Average:38,627.99, down 0.37% (-145.13 points)\n• Nasdaq Composite:15,775.65, down 0.82%\nHere\'s what else is going on:\n• Themarket could fall 5%in an \'air-pocket drawdown\' as greedy traders short volatility, a research firm said.\n• Thedeath of oil demand has been exaggeratedand supply won\'t be able to keep up without more investment, according to Morningstar.\n• A recession, investor FOMO, and inflation arethreatening the stock market\'s red-hot rally.\n• The data that powered the stock market rally is reversing and it\'sstill possible the Fed raises rates before it cuts, one market vet said.\n• Wall Street\'s excitement about Nvidiahas reached a fever pitch as its valuation soars.\nIn commodities, bonds, and crypto:\n• Oil prices rose, withWest Texas Intermediateup 1.51% to $79.21 a barrel.Brent crude, the international benchmark, was also up 0.63% to $83.38 a barrel.\n• Goldedged up 0.41% to $2,023.20 per ounce.\n• The10-year Treasury yieldclimbed 5.9 basis points to 4.299%.\n• Bitcoinwent up 0.2% to $51,809.75.\nRead the original article onBusiness Insider', "If there is anyone familiar with volatility, it's those who hold cryptocurrencies. Specifically,Bitcoin(CRYPTO: BTC)has been an absolute rollercoaster ride over the years. Bitcoin prices have fallen over 30% from their high twice, and over 60% once, over the past five years alone!\nBut you'd be pretty happy if you'd bought five years ago andheld on for dear life. A $1,000 investment in Bitcoin five years ago will have grown to over $13,000 today.\nSo, what's the lesson here, and how can investors apply it to Bitcoin moving forward?\nHere is what you need to know.\nBitcoin and other cryptocurrencies have some similarities with stocks. For starters, their short-term prices result from supply and demand. Prices go up when more people want to buy than sell, and vice versa. But stocks represent underlying companies -- tangible businesses. They generate profits, and stocks represent ownership of a piece of that.\nCryptocurrency is a bit more complex because there is technically notangiblevalue to cryptocurrency. That doesn't mean it's worthless. After all, the same could be said aboutfiat currency. Its value comes from what it represents. In the case of the U.S. dollar, the currency represents a legal tender backed by the government. The dollar's value might fluctuate against other currencies, but the U.S. dollar is generally stable because of that backing. It's the world's reserve currency for that reason.\nBitcoin is decentralized -- no bank or government backs it. Some may argue that this makes Bitcoin and other cryptocurrencies some pyramid scheme, but that's not necessarily true. Decentralization is both a bug and a feature. Bitcoin's still a young asset. It's volatile because it doesn't yet have the widespread adoption fiat money has. But as more people own and transact with it, the more stable the price will likely be.\nOver time, Bitcoin's value goes back to supply and demand, but on a much larger scale. Theoretically, demand for Bitcoin will increase as adoption grows. The more people own and use it, the more people will want it.\nIt's the supply side of the equation that's interesting. With fiat money like the U.S. dollar, the Federal Reserve controls the money supply. It can increase or decrease, but as you see below, the supply almost always grows. This is measured as the M2 Money Supply, essentially the total number of dollars circulating in the economy.\nThe more dollars in the economy, the higher the demand for goods and services, causing prices to rise. Notably, inflation means **Last 60 Days of Bitcoin's Closing Prices:** [42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-17 **Financial & Commodity Data:** - Gold Closing Price: $2011.50 - Crude Oil Closing Price: $79.19 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,002,376,101,512 - Hash Rate: 609388003.457412 - Transaction Count: 327713.0 - Unique Addresses: 590229.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.76 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Crypto trading firm GSR, one of the oldest digital asset market makers, appointed former JPMorgan executive Andreas Koukorinis as its new head of trading, the company said Wednesday in apress release. The hiring is part of GSR's push to cater to more conservative-minded clients interested in trading the largest cryptocurrencies, bitcoin {{BTC}} and ether {{ETH}}, Rich Rosenblum, co-founder and president of GSR, said in an email interview with CoinDesk. "Our business has been highly focused on servicing crypto natives on their exposure to altcoins," Rosenblum said. "We want to expand our capabilities and offering to groups in TradFi, and they are more likely to trade BTC, and soon ether ETH." Koukorinis will lead the U.K.-based firm's trading platform and strategy that provides services to clients including token issuers, institutional investors, family offices and trading venues, the company said. Before the appointment, Koukorinis served as global head of credit and FICC eTrading at JPMorgan, and was responsible for global algorithmic credit trading including systematic market making, algorithmic trading in exchange-traded funds across fixed income, and portfolio trading across corporates and emerging markets. The announcement came as digital asset markets are maturing and have become increasingly intertwined with traditional finance. Wall Street asset management giantshave enteredthe crypto space by issuing bitcoin ETFs and global banks started offeringcustody servicesand exploringtokenization of assetslike bonds and credit on blockchain venues. Read more:The Handover Begins: TradFi Takes Center Stage in Crypto’s Next Phase "The next few years are going to be foundational in defining the market infrastructure for digital assets and I see GSR uniquely placed to take advantage of the trading opportunities this presents," Koukorinis said in a statement.... - Reddit Posts (Sample): [['u/Cobra418', 'I finally finished the new season, and honestly? Not as bas as this subreddit made it out to be', 131, '2024-02-17 00:21', 'https://www.reddit.com/r/futurama/comments/1asmua9/i_finally_finished_the_new_season_and_honestly/', 'I initially dipped out half way through the Bitcoin episode and stopped watching the new season, only keeping up with the premiere threads in here while bored at work. It just wasn\'t doing it for me and I felt like rewatching the original 4 season run instead. Recently, I gave Hulurama another go for a project I\'m working on, and idk if it\'s just the passage of time or not having to wait a week for each new episode or what... but it honestly grew on me. I\'ve been watching a new episode and an OG Fox episode back to back each day, and the whiplash I was expecting surprisingly never really hit me. \n\nMost of my issues with the new revival were problems that already existed in the CC revival, but they at least all felt toned down comparatively. The characters were still flanderized but not as bad as before, the plots were still ensemble focused but there was at least a little more Fry/Leela/Bender action than before, and the topical writing... well, that\'s still as bad as the CC seasons, but that\'s just the nature of a show designed for the late 90s television landscape continuing on in the post-social media age. The only new issue for me is the voice acting... I love Billy West but all of his characters sound strained which ruins the comedic timing. Hermes\' actor too, unfortunately. \n\nThere were definitely some stinker episodes, a few I felt badly suffered from "first draft-itus" (especially the premiere... I still don\'t think I logically understand that episode), but on the whole it felt like slightly better CC Futurama. Episodes like the Nibbler and Momazon ones I actually found pretty enjoyable, like a mid-tier Fox era filler episode. The finale was actually really good. I don\'t think the show needed to come back, and I do worry for the quality of future seasons as the show limps on further past it\'s prime, but most of the episodes this season were acceptable/fun enough for what they were. Considering the show is a quarter century old, has been dormant for the last decade and is owned by Disney now, things could have turned out a lot more incoherent/worse (cough cough, Clone High revival).\n\nWhat do ya\'ll think of it now that some time has passed?', 'https://www.reddit.com/r/futurama/comments/1asmua9/i_finally_finished_the_new_season_and_honestly/', '1asmua9', [['u/mithridateseupator', 16, '2024-02-17 00:31', 'https://www.reddit.com/r/futurama/comments/1asmua9/i_finally_finished_the_new_season_and_honestly/kqrfetm/', "Most of the season was underwhelming, but not bad.\n\n'All the way down' was a fantastic episode, but you can expect that when Cohen writes one.", '1asmua9'], ['u/brandognabalogna', 15, '2024-02-17 01:09', 'https://www.reddit.com/r/futurama/comments/1asmua9/i_finally_finished_the_new_season_and_honestly/kqrl4t2/', 'I actually feel this way too. I was meh at first, but they felt muuuch better after watching them straight from season 10. I noticed it the other day: I started the show over from the pilot and watched all the way from season 1 through 11 and it felt much more cohesive than I think it did initially. It flows very nicely between the old and new imo', '1asmua9'], ['u/LostMyMilk', 42, '2024-02-17 01:30', 'https://www.reddit.com/r/futurama/comments/1asmua9/i_finally_finished_the_new_season_and_honestly/kqro88n/', "I've re-watched the new season enough times now that it blends in and is on par with other seasons. No better and no worse.", '1asmua9']]], ['u/12thYearSenior', 'Z2 creditor, Paid - $6,828 through US Bank.', 37, '2024-02-17 01:06', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1asnvuq/z2_creditor_paid_6828_through_us_bank/', 'I had around 18.9btc in it when it went down. Can’t believe I’m actually seeing any of this money lol', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1asnvuq/z2_creditor_paid_6828_through_us_bank/', '1asnvuq', [['u/12thYearSenior', 10, '2024-02-17 01:29', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1asnvuq/z2_creditor_paid_6828_through_us_bank/kqro3fv/', 'From my understanding this is the initial cash payment in Yen, and I’ll get somewhere between 2.9-3.9 btc and bch whenever they do the actual bitcoin payout since I chose to receive bitcoin, not cash equivalent.', '1asnvuq'], ['u/12thYearSenior', 15, '2024-02-17 01:30', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1asnvuq/z2_creditor_paid_6828_through_us_bank/kqrod6s/', 'I actually had lost access to my account entirely and it took 7 years for me to finally remember my password and use that to change my email and contact info and somehow it worked since I had a fully verified account. It took about a year and I almost took a flight to Japan to get the access back but they finally emailed after 8 months and seems to be working out.', '1asnvuq']]], ['u/Agronopolopogis', 'How do you convince "the nation of freedom" to go cashless?', 146, '2024-02-17 01:10', 'https://www.reddit.com/r/conspiracy/comments/1asnyom/how_do_you_convince_the_nation_of_freedom_to_go/', '# TLDR; money controls the world\n\n> In short, how do we alleviate the global debt that has been incurred?\n\n> Reset\n\n> WEF/BIS put the wheels in motion for CDBCs well over a decade ago, and everyone has til 2025 to get on board w/ Basel 3 & ISO20022 or kick rocks (sure, they\'ll kick the can a few times..)\n\n> Preface, this isn\'t in any attempt to sway anyone towards cryptocurrency, it is still in it\'s infancy, and if I am remotely right, only those that hold utility will survive. \n\n> Bitcoin is garbage.\n\n> Naysayers to CDBCs - it\'s already happening, and well under way. For those uninformed, CDBCs are not cryptocurrency, but effectively wrap blockchain architecture.\n\n> When economic giants are saying the future is in tokenization, whether you agree or not, they\'re going to see to it that it is.\n\n> We are at the end of our 80 year [cycle](https://en.wikipedia.org/wiki/Strauss%E2%80%93Howe_generational_theory), which means it is time to capitulate.\n\n* The biggest players know they\'re missing their cut (from corporations), just like governments are missing their cut from their biggest players (tax evasion).\n\n* A top down initiative to (in their eyes) balance the books, by being able to keep tabs on everything.\n\n* We got off the gold standard in the 70s, and the wealth divide has grown exponentially because of it.\n\n* The central banks have been funding wars on both sides for centuries, all as a cash grab.\n\n* For the longest time, institutions say crypto-bad mkay, now they\'re seething at the teeth for their piece of the pie.\n* 99.999~% of crypto (predominately meme shit) will cease to exist - if you lack utility, you hold no purpose from a valuation perspective.\n* Bitcoin only holds the value it does today, due to being the pioneer, but it has zero utility - it\'s a facade backed by being a finite resource.\n* ISO20022 was introduced in 2004, Basel 3 in 2010 - both with regulatory deadlines against institutions by 2025.\n* Globally, countries are well on their way to CDBC adoption (130 countries actively in development)\n* Countries have begun to asset back their currencies - BRICS+ nations example now holding over 40% of global GDP in this structure\n* Those same countries have been ramping up the selling off of US Treasuries and selling resources (oil) in native currency/CDBCs\n* CDBCs are the financial revolution for this period of time (web3), just as digital payments were (web2) and credit cards (web1)\n* Rate of local and regional bank failures continues to escalate, with bigger players picking up the remains and it has been on a constant decline since inception.\n* The amount of debt based fiat that has been injected into society in the past four years far exceeds any reasonable pace of inflation.\n* The cost and time to move money today, is obsolete when doing it with crypto. Upwards of 3% in fees and 1-5 business days to settle, compared to pennies and seconds, when cross-border transactions are performed.\n* Rate of institutional purchases of residential property, especially in the US, has seen a massive uptick.\n* Historic amounts of debt are being taken on by the average citizen, along with the lowest savings holdings, as well.\n\n# So how do you get the one country who has been bathed in the facade of freedom for so long to go cashless?\n\nI would love everyone\'s opinion on this, regardless of the aforementioned points.. how could they?\n\nMy opinion? **Put the citizens in a place where the choice is obvious, because there is no choice.**\n\nWe\'ve all seen it from the WEF.. "**You will own nothing, and like it.**"\n\n* Global Pandemic to take the temperature of such an event (not remotely referencing a stance on vaccines..)\n* Rock the boat on the supply chain to justify years of over-inflated pricing (50+% of inflation tied to Corporations unjustly inflating prices)\n* Print as much money as you can, and allow massive grifts to go unchecked (PPP loans)\n* Over 100 armed conflicts are in flight right now, with the US doing what it does and fueling the ones where we to benefit from either from a military strategic standpoint or natural resources - we\'re in active conflicts in south america, middle east, ukraine and africa.\n\n**So, whats the domino?** I think it\'ll be tied to Taiwan due to their semiconductor / microchip major exportation.\n\n**Someone** (country) is going to cause escalation to focus in on Taiwan, the US is going to say no sir.. and then BRICS think that the US is spread too thin militarily to counter them rapidly offloading US Treasuries in an attempt to crash the USD.\n\nSo let\'s say they do.. and for a moment, we\'re in an unheard of state of hyperinflation due to the dollar holding nearly no value, and everyt... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Top 10 Creations (All ETFs)\n[{"Ticker": "VB", "Name": "Vanguard Small-Cap ETF", "Net Flows ($, mm)": "889.80", "AUM ($, mm)": "52,433.70", "AUM % Change": "1.70%"}, {"Ticker": "VUG", "Name": "Vanguard Growth ETF", "Net Flows ($, mm)": "497.32", "AUM ($, mm)": "113,915.49", "AUM % Change": "0.44%"}, {"Ticker": "FDVV", "Name": "Fidelity High Dividend ETF", "Net Flows ($, mm)": "485.03", "AUM ($, mm)": "2,716.15", "AUM % Change": "17.86%"}, {"Ticker": "VTV", "Name": "Vanguard Value ETF", "Net Flows ($, mm)": "438.84", "AUM ($, mm)": "107,738.17", "AUM % Change": "0.41%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "350.87", "AUM ($, mm)": "433,427.02", "AUM % Change": "0.08%"}, {"Ticker": "SOXL", "Name": "Direxion Daily Semiconductor Bull 3X Shares", "Net Flows ($, mm)": "333.42", "AUM ($, mm)": "9,706.48", "AUM % Change": "3.44%"}, {"Ticker": "IWD", "Name": "iShares Russell 1000 Value ETF", "Net Flows ($, mm)": "325.43", "AUM ($, mm)": "52,627.50", "AUM % Change": "0.62%"}, {"Ticker": "TMF", "Name": "Direxion Daily 20+ Year Treasury Bull 3X Shares", "Net Flows ($, mm)": "298.59", "AUM ($, mm)": "4,848.05", "AUM % Change": "6.16%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "224.30", "AUM ($, mm)": "5,678.21", "AUM % Change": "3.95%"}, {"Ticker": "SPLG", "Name": "SPDR Portfolio S&P 500 ETF", "Net Flows ($, mm)": "202.43", "AUM ($, mm)": "31,129.74", "AUM % Change": "0.65%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-3,591.66", "AUM ($, mm)": "488,756.02", "AUM % Change": "-0.73%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "-1,925.78", "AUM ($, mm)": "367,615.97", "AUM % Change": "-0.52%"}, {"Ticker": "USMV", "Name": "iShares MSCI USA Min Vol Factor ETF", "Net Flows ($, mm)": "-993.16", "AUM ($, mm)": "25,125.31", "AUM % Change": "-3.95%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "-601.17", "AUM ($, mm)": "33,396.96", "AUM % Change": "-1.80%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "-590.22", "AUM ($, mm)": "404,974.47", "AUM % Change": "-0.15%"}, {"Ticker": "RSP", "Name": "Invesco S&P 500 Equal Weight ETF", "Net Flows ($, mm)": "-570.26", "AUM ($, mm)": "48,655.26", "AUM % Change": "-1.17%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "-520.19", "AUM ($, mm)": "248,562.02", "AUM % Change": "-0.21%"}, {"Ticker": "XLE", "Name": "Energy Select Sector SPDR Fund", "Net Flows ($, mm)": "-462.40", "AUM ($, mm)": "34,569.36", "AUM % Change": "-1.34%"}, {"Ticker": "IXN", "Name": "iShares Global Tech ETF", "Net Flows ($, mm)": "-297.74", "AUM ($, mm)": "4,422.53", "AUM % Change": "-6.73%"}, {"Ticker": "VCIT", "Name": "Vanguard Intermediate-Term Corporate Bond ETF", "Net Flows ($, mm)": "-254.52", "AUM ($, mm)": "45,233.68", "AUM % Change": "-0.56%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "12.34", "AUM ($, mm)": "6,942.30", "% of AUM": "0.18%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "13.24", "AUM ($, mm)": "17,056.27", "% of AUM": "0.08%"}, {"": "Commodities", "Net Flows ($, mm)": "-23.15", "AUM ($, mm)": "121,653.35", "% of AUM": "-0.02%"}, {"": "Currency", "Net Flows ($, mm)": "221.73", "AUM ($, mm)": "40,085.29", "% of AUM": "0.55%"}, {"": "International Equity", "Net Flows ($, mm)": "80.60", "AUM ($, mm)": "1,375,415.90", "% of AUM": "0.01%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "-89.06", "AUM ($, mm)": "173,186.67", "% of AUM": "-0.05%"}, {"": "Inverse", "Net Flows ($, mm)": "-232.82", "AUM ($, mm)": "14,095.21", "% of AUM": "-1.65%"}, {"": "Leveraged", "Net Flows ($, mm)": "954.81", "AUM ($, mm)": "87,889.05", "% of AUM": "1.09%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-5,545.45", "AUM ($, mm)": "5,161,958.54", "% of AUM": "-0.11%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "-1,811.12", "AUM ($, mm)": "1,355,572.08", "% of AUM": "-0.13%"}, {"": "Total:", "Net Flows ($, mm)": "-6,418.88", "AUM ($, mm)": "8,353,854.66", "% of AUM": "-0.08%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', '• US stocks slipped lower on Friday after a hot inflation print capped off a week of key data points.\n• The S&P 500 dipped 0.27% over the past five days, ending a 5-week win streak.\n• "Indeed, [the PPI data] has aligned the Fed\'s projected rate path with the market\'s, as investors are now pricing in just three cuts this year."\nThe stock market slipped on Friday after hot inflation capped off a busy week of economic data prints.\nThe Producer Price Index came in higher than expected, showing a 0.3% increase in prices from December, with a year-over-year increase of 0.9%. That\'s afterhot CPI data rolled in earlier this week.\nEven though the market recovered from Tuesday\'s hiccup, investor gloom has knocked stocks off a 5-week win streak. The S&P 500 is down 0.27% in the past 5 days, while the Nasdaq is down 1.02%.\nThis week also saw retail sales data slide lower, down 0.8% from a month earlier in January.\nThese data points highlight a robust economy, but mean a Fed rate cut is farther out than markets were hoping. On Thursday, Atlanta Fed president Raphael Bostic said he\'s not convinced that inflation is definitely headed toward the central bank\'s 2% target.\nAfter the PPI data came out, odds that the Fed would hold rates where they are during their May meeting jumped another 10%, according to the CME FedWatch Tool.\n"Indeed, this [inflation] report has aligned the Fed\'s projected rate path with the market\'s, as investors are now pricing in just three cuts this year; earlier this year, they had expected seven," said José Torres, Senior Economist at Interactive Brokers. "The sharp adjustment in expectations has yet to affect equities in a meaningful way, however, with bullish sentiment and better-than-expected earnings reports providing robust support."\nHere\'s where US indexes stood at the closing bell at 4:00 p.m. on Friday:\n• S&P 500:5,00.55, down 0.38%\n• Dow Jones Industrial Average:38,627.99, down 0.37% (-145.13 points)\n• Nasdaq Composite:15,775.65, down 0.82%\nHere\'s what else is going on:\n• Themarket could fall 5%in an \'air-pocket drawdown\' as greedy traders short volatility, a research firm said.\n• Thedeath of oil demand has been exaggeratedand supply won\'t be able to keep up without more investment, according to Morningstar.\n• A recession, investor FOMO, and inflation arethreatening the stock market\'s red-hot rally.\n• The data that powered the stock market rally is reversing and it\'sstill possible the Fed raises rates before it cuts, one market vet said.\n• Wall Street\'s excitement about Nvidiahas reached a fever pitch as its valuation soars.\nIn commodities, bonds, and crypto:\n• Oil prices rose, withWest Texas Intermediateup 1.51% to $79.21 a barrel.Brent crude, the international benchmark, was also up 0.63% to $83.38 a barrel.\n• Goldedged up 0.41% to $2,023.20 per ounce.\n• The10-year Treasury yieldclimbed 5.9 basis points to 4.299%.\n• Bitcoinwent up 0.2% to $51,809.75.\nRead the original article onBusiness Insider', "If there is anyone familiar with volatility, it's those who hold cryptocurrencies. Specifically,Bitcoin(CRYPTO: BTC)has been an absolute rollercoaster ride over the years. Bitcoin prices have fallen over 30% from their high twice, and over 60% once, over the past five years alone!\nBut you'd be pretty happy if you'd bought five years ago andheld on for dear life. A $1,000 investment in Bitcoin five years ago will have grown to over $13,000 today.\nSo, what's the lesson here, and how can investors apply it to Bitcoin moving forward?\nHere is what you need to know.\nBitcoin and other cryptocurrencies have some similarities with stocks. For starters, their short-term prices result from supply and demand. Prices go up when more people want to buy than sell, and vice versa. But stocks represent underlying companies -- tangible businesses. They generate profits, and stocks represent ownership of a piece of that.\nCryptocurrency is a bit more complex because there is technically notangiblevalue to cryptocurrency. That doesn't mean it's worthless. After all, the same could be said aboutfiat currency. Its value comes from what it represents. In the case of the U.S. dollar, the currency represents a legal tender backed by the government. The dollar's value might fluctuate against other currencies, but the U.S. dollar is generally stable because of that backing. It's the world's reserve currency for that reason.\nBitcoin is decentralized -- no bank or government backs it. Some may argue that this makes Bitcoin and other cryptocurrencies some pyramid scheme, but that's not necessarily true. Decentralization is both a bug and a feature. Bitcoin's still a young asset. It's volatile because it doesn't yet have the widespread adoption fiat money has. But as more people own and transact with it, the more stable the price will likely be.\nOver time, Bitcoin's value goes back to supply and demand, but on a much larger scale. Theoretically, demand for Bitcoin will increase as adoption grows. The more people own and use it, the more people will want it.\nIt's the supply side of the equation that's interesting. With fiat money like the U.S. dollar, the Federal Reserve controls the money supply. It can increase or decrease, but as you see below, the supply almost always grows. This is measured as the M2 Money Supply, essentially the total number of dollars circulating in the economy.\nThe more dollars in the economy, the higher the demand for goods and services, causing prices to rise. Notably, inflation means **Last 60 Days of Bitcoin's Closing Prices:** [42270.53, 43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-02-17 **Financial & Commodity Data:** - Gold Closing Price: $2011.50 - Crude Oil Closing Price: $79.19 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,002,376,101,512 - Hash Rate: 609388003.457412 - Transaction Count: 327713.0 - Unique Addresses: 590229.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.76 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Crypto trading firm GSR, one of the oldest digital asset market makers, appointed former JPMorgan executive Andreas Koukorinis as its new head of trading, the company said Wednesday in apress release. The hiring is part of GSR's push to cater to more conservative-minded clients interested in trading the largest cryptocurrencies, bitcoin {{BTC}} and ether {{ETH}}, Rich Rosenblum, co-founder and president of GSR, said in an email interview with CoinDesk. "Our business has been highly focused on servicing crypto natives on their exposure to altcoins," Rosenblum said. "We want to expand our capabilities and offering to groups in TradFi, and they are more likely to trade BTC, and soon ether ETH." Koukorinis will lead the U.K.-based firm's trading platform and strategy that provides services to clients including token issuers, institutional investors, family offices and trading venues, the company said. Before the appointment, Koukorinis served as global head of credit and FICC eTrading at JPMorgan, and was responsible for global algorithmic credit trading including systematic market making, algorithmic trading in exchange-traded funds across fixed income, and portfolio trading across corporates and emerging markets. The announcement came as digital asset markets are maturing and have become increasingly intertwined with traditional finance. Wall Street asset management giantshave enteredthe crypto space by issuing bitcoin ETFs and global banks started offeringcustody servicesand exploringtokenization of assetslike bonds and credit on blockchain venues. Read more:The Handover Begins: TradFi Takes Center Stage in Crypto’s Next Phase "The next few years are going to be foundational in defining the market infrastructure for digital assets and I see GSR uniquely placed to take advantage of the trading opportunities this presents," Koukorinis said in a statement.... - Reddit Posts (Sample): [['u/Cobra418', 'I finally finished the new season, and honestly? Not as bas as this subreddit made it out to be', 131, '2024-02-17 00:21', 'https://www.reddit.com/r/futurama/comments/1asmua9/i_finally_finished_the_new_season_and_honestly/', 'I initially dipped out half way through the Bitcoin episode and stopped watching the new season, only keeping up with the premiere threads in here while bored at work. It just wasn\'t doing it for me and I felt like rewatching the original 4 season run instead. Recently, I gave Hulurama another go for a project I\'m working on, and idk if it\'s just the passage of time or not having to wait a week for each new episode or what... but it honestly grew on me. I\'ve been watching a new episode and an OG Fox episode back to back each day, and the whiplash I was expecting surprisingly never really hit me. \n\nMost of my issues with the new revival were problems that already existed in the CC revival, but they at least all felt toned down comparatively. The characters were still flanderized but not as bad as before, the plots were still ensemble focused but there was at least a little more Fry/Leela/Bender action than before, and the topical writing... well, that\'s still as bad as the CC seasons, but that\'s just the nature of a show designed for the late 90s television landscape continuing on in the post-social media age. The only new issue for me is the voice acting... I love Billy West but all of his characters sound strained which ruins the comedic timing. Hermes\' actor too, unfortunately. \n\nThere were definitely some stinker episodes, a few I felt badly suffered from "first draft-itus" (especially the premiere... I still don\'t think I logically understand that episode), but on the whole it felt like slightly better CC Futurama. Episodes like the Nibbler and Momazon ones I actually found pretty enjoyable, like a mid-tier Fox era filler episode. The finale was actually really good. I don\'t think the show needed to come back, and I do worry for the quality of future seasons as the show limps on further past it\'s prime, but most of the episodes this season were acceptable/fun enough for what they were. Considering the show is a quarter century old, has been dormant for the last decade and is owned by Disney now, things could have turned out a lot more incoherent/worse (cough cough, Clone High revival).\n\nWhat do ya\'ll think of it now that some time has passed?', 'https://www.reddit.com/r/futurama/comments/1asmua9/i_finally_finished_the_new_season_and_honestly/', '1asmua9', [['u/mithridateseupator', 16, '2024-02-17 00:31', 'https://www.reddit.com/r/futurama/comments/1asmua9/i_finally_finished_the_new_season_and_honestly/kqrfetm/', "Most of the season was underwhelming, but not bad.\n\n'All the way down' was a fantastic episode, but you can expect that when Cohen writes one.", '1asmua9'], ['u/brandognabalogna', 15, '2024-02-17 01:09', 'https://www.reddit.com/r/futurama/comments/1asmua9/i_finally_finished_the_new_season_and_honestly/kqrl4t2/', 'I actually feel this way too. I was meh at first, but they felt muuuch better after watching them straight from season 10. I noticed it the other day: I started the show over from the pilot and watched all the way from season 1 through 11 and it felt much more cohesive than I think it did initially. It flows very nicely between the old and new imo', '1asmua9'], ['u/LostMyMilk', 42, '2024-02-17 01:30', 'https://www.reddit.com/r/futurama/comments/1asmua9/i_finally_finished_the_new_season_and_honestly/kqro88n/', "I've re-watched the new season enough times now that it blends in and is on par with other seasons. No better and no worse.", '1asmua9']]], ['u/12thYearSenior', 'Z2 creditor, Paid - $6,828 through US Bank.', 37, '2024-02-17 01:06', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1asnvuq/z2_creditor_paid_6828_through_us_bank/', 'I had around 18.9btc in it when it went down. Can’t believe I’m actually seeing any of this money lol', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1asnvuq/z2_creditor_paid_6828_through_us_bank/', '1asnvuq', [['u/12thYearSenior', 10, '2024-02-17 01:29', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1asnvuq/z2_creditor_paid_6828_through_us_bank/kqro3fv/', 'From my understanding this is the initial cash payment in Yen, and I’ll get somewhere between 2.9-3.9 btc and bch whenever they do the actual bitcoin payout since I chose to receive bitcoin, not cash equivalent.', '1asnvuq'], ['u/12thYearSenior', 15, '2024-02-17 01:30', 'https://www.reddit.com/r/mtgoxinsolvency/comments/1asnvuq/z2_creditor_paid_6828_through_us_bank/kqrod6s/', 'I actually had lost access to my account entirely and it took 7 years for me to finally remember my password and use that to change my email and contact info and somehow it worked since I had a fully verified account. It took about a year and I almost took a flight to Japan to get the access back but they finally emailed after 8 months and seems to be working out.', '1asnvuq']]], ['u/Agronopolopogis', 'How do you convince "the nation of freedom" to go cashless?', 146, '2024-02-17 01:10', 'https://www.reddit.com/r/conspiracy/comments/1asnyom/how_do_you_convince_the_nation_of_freedom_to_go/', '# TLDR; money controls the world\n\n> In short, how do we alleviate the global debt that has been incurred?\n\n> Reset\n\n> WEF/BIS put the wheels in motion for CDBCs well over a decade ago, and everyone has til 2025 to get on board w/ Basel 3 & ISO20022 or kick rocks (sure, they\'ll kick the can a few times..)\n\n> Preface, this isn\'t in any attempt to sway anyone towards cryptocurrency, it is still in it\'s infancy, and if I am remotely right, only those that hold utility will survive. \n\n> Bitcoin is garbage.\n\n> Naysayers to CDBCs - it\'s already happening, and well under way. For those uninformed, CDBCs are not cryptocurrency, but effectively wrap blockchain architecture.\n\n> When economic giants are saying the future is in tokenization, whether you agree or not, they\'re going to see to it that it is.\n\n> We are at the end of our 80 year [cycle](https://en.wikipedia.org/wiki/Strauss%E2%80%93Howe_generational_theory), which means it is time to capitulate.\n\n* The biggest players know they\'re missing their cut (from corporations), just like governments are missing their cut from their biggest players (tax evasion).\n\n* A top down initiative to (in their eyes) balance the books, by being able to keep tabs on everything.\n\n* We got off the gold standard in the 70s, and the wealth divide has grown exponentially because of it.\n\n* The central banks have been funding wars on both sides for centuries, all as a cash grab.\n\n* For the longest time, institutions say crypto-bad mkay, now they\'re seething at the teeth for their piece of the pie.\n* 99.999~% of crypto (predominately meme shit) will cease to exist - if you lack utility, you hold no purpose from a valuation perspective.\n* Bitcoin only holds the value it does today, due to being the pioneer, but it has zero utility - it\'s a facade backed by being a finite resource.\n* ISO20022 was introduced in 2004, Basel 3 in 2010 - both with regulatory deadlines against institutions by 2025.\n* Globally, countries are well on their way to CDBC adoption (130 countries actively in development)\n* Countries have begun to asset back their currencies - BRICS+ nations example now holding over 40% of global GDP in this structure\n* Those same countries have been ramping up the selling off of US Treasuries and selling resources (oil) in native currency/CDBCs\n* CDBCs are the financial revolution for this period of time (web3), just as digital payments were (web2) and credit cards (web1)\n* Rate of local and regional bank failures continues to escalate, with bigger players picking up the remains and it has been on a constant decline since inception.\n* The amount of debt based fiat that has been injected into society in the past four years far exceeds any reasonable pace of inflation.\n* The cost and time to move money today, is obsolete when doing it with crypto. Upwards of 3% in fees and 1-5 business days to settle, compared to pennies and seconds, when cross-border transactions are performed.\n* Rate of institutional purchases of residential property, especially in the US, has seen a massive uptick.\n* Historic amounts of debt are being taken on by the average citizen, along with the lowest savings holdings, as well.\n\n# So how do you get the one country who has been bathed in the facade of freedom for so long to go cashless?\n\nI would love everyone\'s opinion on this, regardless of the aforementioned points.. how could they?\n\nMy opinion? **Put the citizens in a place where the choice is obvious, because there is no choice.**\n\nWe\'ve all seen it from the WEF.. "**You will own nothing, and like it.**"\n\n* Global Pandemic to take the temperature of such an event (not remotely referencing a stance on vaccines..)\n* Rock the boat on the supply chain to justify years of over-inflated pricing (50+% of inflation tied to Corporations unjustly inflating prices)\n* Print as much money as you can, and allow massive grifts to go unchecked (PPP loans)\n* Over 100 armed conflicts are in flight right now, with the US doing what it does and fueling the ones where we to benefit from either from a military strategic standpoint or natural resources - we\'re in active conflicts in south america, middle east, ukraine and africa.\n\n**So, whats the domino?** I think it\'ll be tied to Taiwan due to their semiconductor / microchip major exportation.\n\n**Someone** (country) is going to cause escalation to focus in on Taiwan, the US is going to say no sir.. and then BRICS think that the US is spread too thin militarily to counter them rapidly offloading US Treasuries in an attempt to crash the USD.\n\nSo let\'s say they do.. and for a moment, we\'re in an unheard of state of hyperinflation due to the dollar holding nearly no value, and everyt... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["SINGAPORE, Feb. 18, 2024 (GLOBE NEWSWIRE) --OKX, a leading Web3 technology company, has issued updates for February 18, 2024.\nOKX Walletis now integrated withBitcoin Name Service System (BNSx)protocol. This integration allows OKX Wallet users to register and use simple, human-readable .bnsx domain names instead of long, complex Bitcoin addresses.\nBNSx is a decentralized naming protocol built on top of the Bitcoin and Lightning networks. It enables users to map easy-to-remember domain names like alice.bnsx to Bitcoin addresses, making sending and receiving BTC simpler and less prone to errors. BNSx leverages RGB smart contracts and the Lightning Network to provide fast, cheap, private transactions with registered names.\nBy integrating BNSx into OKX Wallet, users can now register .bnsx domains within the app and automatically link them to their wallet's BTC receive addresses. Any BTC sent to a registered .bnsx name will be automatically received by the owner's linked OKX Wallet. Users can also send BTC to other .bnsx names with the recipient's domain mapped to their BTC address.\nFor further information, please contact:[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet's account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer", "SINGAPORE, Feb. 18, 2024 (GLOBE NEWSWIRE) --OKX, a leading Web3 technology company, has issued updates for February 18, 2024.\nOKX Walletis now integrated withBitcoin Name Service System (BNSx)protocol. This integration allows OKX Wallet users to register and use simple, human-readable .bnsx domain names instead of long, complex Bitcoin addresses.\nBNSx is a decentralized naming protocol built on top of the Bitcoin and Lightning networks. It enables users to map easy-to-remember domain names like alice.bnsx to Bitcoin addresses, making sending and receiving BTC simpler and less prone to errors. BNSx leverages RGB smart contracts and the Lightning Network to provide fast, cheap, private transactions with registered names.\nBy integrating BNSx into OKX Wallet, users can now register .bnsx domains within the app and automatically link them to their wallet's BTC receive addresses. Any BTC sent to a registered .bnsx name will be automatically received by the owner's linked OKX Wallet. Users can also send BTC to other .bnsx names with the recipient's domain mapped to their BTC address.\nFor further information, please contact:[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet's account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer", 'Feb. 18:Wormhole Foundation, which supports teams building products for the cross-chain messaging protocolWormhole, said in ablog postthat it\'s "collaborating with the team at Succinct to build an Ethereum ZK light client as part of an ongoing effort to further decentralize message verification within the Wormhole platform. Wormhole ZK is being leveraged by developers to minimize trust in the Wormhole platform, improve cross-chain composability and increase network security. Read more about the vision of Wormhole ZK in the recently announcedZK roadmap."\nProtocol Village is a regular feature ofThe Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time.Sign up hereto get it in your inbox every Wednesday. Project teams can submit updateshere. For previous versions of Protocol Village, please gohere. Also please check out our weeklyThe Protocolpodcast.\nFeb. 16:TRON DAO, the decentralized autonomous organization (DAO) behind the TRON network, with over 210 million user accounts, has unveiled its roadmap for building an innovative Bitcoin layer-2 solution, according to atweet from Tron founder Justin Sun. "This solution will revolutionize how we think about blockchain interoperability and using stablecoins within the Bitcoin ecosystem," according to a message from the team. "Let\'s make #Bitcoin fun again!" Sun wrote. {{TRX}}\nFeb. 16:Silencio, a decentralized network of smartphones working as noise-pollution sensors, has closed a $1M funding round led by Borderless Capital, a leading investor in the DePIN space, according to the team: "Along with Borderless Capital, funding from Moonrock Capital, Master Ventures, and others will be used to expand and enhance its community-driven noise pollution sensor network, improve data integrity for well-being, and support strategic initiatives. This investment marks a significant milestone for Silencio as it sets out to redefine data coverage through the integration of peaq, the layer-1 blockchain for real-world apps." Silencioselected peaq\'s networklast year as its layer-1 blockchain.\nFeb. 16:Subsquid, a peer-to-peer network to batch query and aggregate data, hasjoined Google’s BigQuery for multi-chain projectsto leverage Subsquid with BigQuery to quickly analyze their usage on different chains and gain insights into fees, operating costs and trends, according to the team: "Subsquid indexing has supported over $11 billion in decentralized applications and L1/L2 value, with 30,000 participants, including tens of thousands of developers, deploying over 40,000 indexers."\nFeb. 15:RW3 Venturesraised $60 million for RW3 Ventures Fund I LP,according to the team: "The fund will target investments in early-stage blockchain and Web3 companies, with an emphasis on teams that seek to utilize blockchain technology to disrupt real-world industries and business models with sizable addressable markets. The round was led by The Raptor Group and Mubadala Capital, the wholly-owned asset management subsidiary of Mubadala Investment Company, a global sovereign investor headquartered in Abu Dhabi. RW3 is led by Pete Najarian and Joe Bruzzesi, two well-known figures in the digital asset space."\nFeb. 15:Blueprint Financeannounced that it\'s emerging from stealth with $7.5 million in funding from crypto-native investors including Tribe Capital, Hashed, Portal Ventures, SALT and others – to solve crypto\'s liquidation problem.According to the team: Blueprint’s flagship product is the Concrete Protocol, an appchain purpose-built for on-chain debt and credit. Concrete powers higher yields, liquidation protection, and advanced predictions across all of DeFi, starting with money markets."\nFeb. 15:QuickNode, a Web3 development platform, now supportszkSync hyperchains," enhancing its custom chains offering for clients seeking fast and scalable ZK technology," according to the team: "Hyperchains, powered by ZK Stack, ensure robust data privacy, ideal for enterprise use cases while maintaining compliance. They run parallel to zkSync mainnet, enabling seamless asset bridging and liq **Last 60 Days of Bitcoin's Closing Prices:** [43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-18 **Financial & Commodity Data:** - Gold Closing Price: $2011.50 - Crude Oil Closing Price: $79.19 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,018,944,941,600 - Hash Rate: 491572989.4556458 - Transaction Count: 343417.0 - Unique Addresses: 563861.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Swan Bitcoin, a cryptocurrency services firm, has announced the launch of its mining operations. The company, which is preparing for a public listing, aims to achieve a hash rate of 8 exahashes per second (EH/s) by 2024. The newly unveiled mining unit is already operational, as reported by CoinDesk, and is part of Swan Bitcoin’s strategic growth ahead of its initial public offering (IPO). The mining operation is expected to bolster the company’s revenue streams and provide a foundation for its public market debut. Bitcoin mining is the network’s consensus mechanism by which new Bitcoins are entered into circulation. In this process also known as proof-of-work, node operators, or miners, validate transactions on the blockchain in exchange for rewards. Bitcoin adds a new block of transactions to its blockchain every 10 minutes which comes with 6.25 Bitcoins as the miner’s reward. This amount is cut in half roughly every four years, in an event known as “the halving.” As halving slows down the amount of Bitcoin generation, some market watchers argue that Bitcoin’s scarcity increases every halving cycle which can have a positive effect on the cryptocurrency’s price. The next halving is expected to occur this coming April and will reduce mining rewards to 3.125 Bitcoins per block.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79
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:** ["SINGAPORE, Feb. 18, 2024 (GLOBE NEWSWIRE) --OKX, a leading Web3 technology company, has issued updates for February 18, 2024.\nOKX Walletis now integrated withBitcoin Name Service System (BNSx)protocol. This integration allows OKX Wallet users to register and use simple, human-readable .bnsx domain names instead of long, complex Bitcoin addresses.\nBNSx is a decentralized naming protocol built on top of the Bitcoin and Lightning networks. It enables users to map easy-to-remember domain names like alice.bnsx to Bitcoin addresses, making sending and receiving BTC simpler and less prone to errors. BNSx leverages RGB smart contracts and the Lightning Network to provide fast, cheap, private transactions with registered names.\nBy integrating BNSx into OKX Wallet, users can now register .bnsx domains within the app and automatically link them to their wallet's BTC receive addresses. Any BTC sent to a registered .bnsx name will be automatically received by the owner's linked OKX Wallet. Users can also send BTC to other .bnsx names with the recipient's domain mapped to their BTC address.\nFor further information, please contact:[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet's account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer", "SINGAPORE, Feb. 18, 2024 (GLOBE NEWSWIRE) --OKX, a leading Web3 technology company, has issued updates for February 18, 2024.\nOKX Walletis now integrated withBitcoin Name Service System (BNSx)protocol. This integration allows OKX Wallet users to register and use simple, human-readable .bnsx domain names instead of long, complex Bitcoin addresses.\nBNSx is a decentralized naming protocol built on top of the Bitcoin and Lightning networks. It enables users to map easy-to-remember domain names like alice.bnsx to Bitcoin addresses, making sending and receiving BTC simpler and less prone to errors. BNSx leverages RGB smart contracts and the Lightning Network to provide fast, cheap, private transactions with registered names.\nBy integrating BNSx into OKX Wallet, users can now register .bnsx domains within the app and automatically link them to their wallet's BTC receive addresses. Any BTC sent to a registered .bnsx name will be automatically received by the owner's linked OKX Wallet. Users can also send BTC to other .bnsx names with the recipient's domain mapped to their BTC address.\nFor further information, please contact:[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet's account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer", 'Feb. 18:Wormhole Foundation, which supports teams building products for the cross-chain messaging protocolWormhole, said in ablog postthat it\'s "collaborating with the team at Succinct to build an Ethereum ZK light client as part of an ongoing effort to further decentralize message verification within the Wormhole platform. Wormhole ZK is being leveraged by developers to minimize trust in the Wormhole platform, improve cross-chain composability and increase network security. Read more about the vision of Wormhole ZK in the recently announcedZK roadmap."\nProtocol Village is a regular feature ofThe Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time.Sign up hereto get it in your inbox every Wednesday. Project teams can submit updateshere. For previous versions of Protocol Village, please gohere. Also please check out our weeklyThe Protocolpodcast.\nFeb. 16:TRON DAO, the decentralized autonomous organization (DAO) behind the TRON network, with over 210 million user accounts, has unveiled its roadmap for building an innovative Bitcoin layer-2 solution, according to atweet from Tron founder Justin Sun. "This solution will revolutionize how we think about blockchain interoperability and using stablecoins within the Bitcoin ecosystem," according to a message from the team. "Let\'s make #Bitcoin fun again!" Sun wrote. {{TRX}}\nFeb. 16:Silencio, a decentralized network of smartphones working as noise-pollution sensors, has closed a $1M funding round led by Borderless Capital, a leading investor in the DePIN space, according to the team: "Along with Borderless Capital, funding from Moonrock Capital, Master Ventures, and others will be used to expand and enhance its community-driven noise pollution sensor network, improve data integrity for well-being, and support strategic initiatives. This investment marks a significant milestone for Silencio as it sets out to redefine data coverage through the integration of peaq, the layer-1 blockchain for real-world apps." Silencioselected peaq\'s networklast year as its layer-1 blockchain.\nFeb. 16:Subsquid, a peer-to-peer network to batch query and aggregate data, hasjoined Google’s BigQuery for multi-chain projectsto leverage Subsquid with BigQuery to quickly analyze their usage on different chains and gain insights into fees, operating costs and trends, according to the team: "Subsquid indexing has supported over $11 billion in decentralized applications and L1/L2 value, with 30,000 participants, including tens of thousands of developers, deploying over 40,000 indexers."\nFeb. 15:RW3 Venturesraised $60 million for RW3 Ventures Fund I LP,according to the team: "The fund will target investments in early-stage blockchain and Web3 companies, with an emphasis on teams that seek to utilize blockchain technology to disrupt real-world industries and business models with sizable addressable markets. The round was led by The Raptor Group and Mubadala Capital, the wholly-owned asset management subsidiary of Mubadala Investment Company, a global sovereign investor headquartered in Abu Dhabi. RW3 is led by Pete Najarian and Joe Bruzzesi, two well-known figures in the digital asset space."\nFeb. 15:Blueprint Financeannounced that it\'s emerging from stealth with $7.5 million in funding from crypto-native investors including Tribe Capital, Hashed, Portal Ventures, SALT and others – to solve crypto\'s liquidation problem.According to the team: Blueprint’s flagship product is the Concrete Protocol, an appchain purpose-built for on-chain debt and credit. Concrete powers higher yields, liquidation protection, and advanced predictions across all of DeFi, starting with money markets."\nFeb. 15:QuickNode, a Web3 development platform, now supportszkSync hyperchains," enhancing its custom chains offering for clients seeking fast and scalable ZK technology," according to the team: "Hyperchains, powered by ZK Stack, ensure robust data privacy, ideal for enterprise use cases while maintaining compliance. They run parallel to zkSync mainnet, enabling seamless asset bridging and liq **Last 60 Days of Bitcoin's Closing Prices:** [43652.25, 43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-02-18 **Financial & Commodity Data:** - Gold Closing Price: $2011.50 - Crude Oil Closing Price: $79.19 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,018,944,941,600 - Hash Rate: 491572989.4556458 - Transaction Count: 343417.0 - Unique Addresses: 563861.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Swan Bitcoin, a cryptocurrency services firm, has announced the launch of its mining operations. The company, which is preparing for a public listing, aims to achieve a hash rate of 8 exahashes per second (EH/s) by 2024. The newly unveiled mining unit is already operational, as reported by CoinDesk, and is part of Swan Bitcoin’s strategic growth ahead of its initial public offering (IPO). The mining operation is expected to bolster the company’s revenue streams and provide a foundation for its public market debut. Bitcoin mining is the network’s consensus mechanism by which new Bitcoins are entered into circulation. In this process also known as proof-of-work, node operators, or miners, validate transactions on the blockchain in exchange for rewards. Bitcoin adds a new block of transactions to its blockchain every 10 minutes which comes with 6.25 Bitcoins as the miner’s reward. This amount is cut in half roughly every four years, in an event known as “the halving.” As halving slows down the amount of Bitcoin generation, some market watchers argue that Bitcoin’s scarcity increases every halving cycle which can have a positive effect on the cryptocurrency’s price. The next halving is expected to occur this coming April and will reduce mining rewards to 3.125 Bitcoins per block.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin’s(BTC-USD) price has been on an absolute tear lately as we approach the much-anticipated halving in April. The flagship cryptocurrency is up more than 114% over the past year, recently hitting 24-month highs. With the Securities and Exchange Commission approving several spot Bitcoin ETFs and more institutional money flowing into this asset class, it seems Bitcoin’s rally may just be starting.\nBitcoin’s built-in scarcity makes it an intriguing potential store of value, almost like “digital gold” for the digital age. The upcoming halving cuts the Bitcoin miners’ block rewards in half (and thus the token’s incoming supply). This could create a supply shock that sends Bitcoin stratospheric.\nWhile Bitcoin garners much of the attention in this space, and rightfully so, savvy crypto investors know smaller altcoins can deliver truly outsized returns during bull runs. The last major run-up in late 2020 saw many altcoins deliver returns well over 1,000%!\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nOf course, with bigger potential rewards comes bigger risks. Altcoins remain extremely volatile and highly-speculative assets. I only recommend investing money you can afford to lose. Still, for those with some risk tolerance, I’ve compiled three altcoins I believe are undervalued heading into the upcoming halving.\nSource: Maurice NORBERT / Shutterstock.com\nAt first glance,SwissCheese(SWCH-USD) may look like another meme coin thanks to its quirky name. But don’t let that fool you. Thisprojecthas real substance and utility that could make it one of the most sought-after cryptos once word spreads.\nSwissCheese aims to democratize trading and investing by enabling fractional ownership of stocks through tokenized representations on its decentralized platform. Users can access these fractional stocks through any digital token, cryptocurrency, or the native SWCH token. Each tokenized asset essentially represents a slice of an underlying stock.\nThis concept blows open stock market investing for those currently blocked by borders, regulations, or lacking payment options. Crypto knows no borders, so accessing U.S. stocks becomes far easier from abroad using SwissCheese’s platform. Decentralization also brings privacy benefits, which will appeal to many crypto enthusiasts.\nAs I write this, SwissCheese’s market capitalizationsits at just $6.4 million. That said, the project’s total addressable market here could be enormous, given the platform’s global appeal and ability to tap into crypto hype. If SwissCheese gains even modest traction, its tiny valuation today could translate into 10x or 20x returns (or higher) ahead. That asymmetric risk-reward looks compelling to me.\nSource: Marko Aliaksandr/ShutterStock.com\nAlephium(ALPH-USD) has been skyrocketing lately, joining the ranks of red-hot layer 1 blockchain projects. It competes directly against names likeKaspa(KAS-USD),Sei(SEI-USD), and others, but still sports a reasonable$190 million market capat the time of writing.\nThis sharded blockchain platform focuses on delivering scalability, security, and energy efficiency to power the next generation of Web3 and decentralized applications.\nFrom a tech perspective, Alephium uses a UTXO model and a unique Proof-of-Less-Work consensus that improves on Bitcoin’s pioneering protocol. It also boasts a custom virtual machine and tooling to support developers building on Alephium.\nOver the past year, we’ve witnessed immense speculation and interest around ambitious layer 1 chains. Just look at Kaspa’s parabolic rally.\nAlephium offers a similar value proposition – yet trades at a fraction of its competitors’ valuations. Given the massive room for additional upside, I wouldn’t be surprised if ALPH enters the ranks of 10-figure market cap cryptos.\nLayer 1 protocols like Alephium offer ideal asymmetric upside for investors with a higher risk tolerance. Current prices seem inexpensive if Alephium can indeed evolve into a premium smart contract blockchain.\nSource: Shutterstock\nAt the intersection of two red-hot trends – AI and crypto – sitsPAAL AI(PAAL-USD). This chatbot project uses artificial intelligence and machine learning and integrates these technologies within its network.\nPAAL AI also incentivizes its community by rewarding users with native tokens. PAAL tokens play governance and staking roles – or can unlock premium features.\nWe’ve witnessed the explosion of interest and adoption around AI chat tools like ChatGPT in recent months. I believe it’s only a matter of time before blockchain-based AI projects like PAAL also grab investor attention. That’s especially true given the synergy with crypto’s emphasis on computing power, decentralized networks, and community reward systems.\nConsiderRender Network(RNDR-USD), which allows users to monetize or access GPU power to run intensive computing tasks. Or proof-of-work chains that rely on miners contributing hardware for security and rewards. As blockchain platforms grow more advanced, I suspect we’ll see far more collaboration and interplay with AI as well.\nPAAL’s current market price suggests this token may be relatively inexpensive, if we continue to see surging interest in both AI and crypto. With the recent breakout to new highs and a current market capitalization of$176 million, PAAL AI offers sizable upside potential if adoption scales up in 2024 and beyond.\nOn Low-Capitalization and Low-Volume Cryptocurrencies:InvestorPlace does not regularly publish commentary about cryptocurrencies that have a market capitalization less than $100 million or trade with volume less than $100,000 each day. That’s because these “penny cryptos” are frequently the playground for scam artists and market manipulators. When we do publish commentary on a low-volume crypto that may be affected by our commentary, we ask thatInvestorPlace.com’s writers disclose this fact and warn readers of the risks.Read More:How to Avoid Popular Cryptocurrency Scams\nOn the date of publication, Omor Ibne Ehsan 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.\nOmor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him onLinkedIn.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• “America’s Top Trader” Issues A.I. Code Red: Act Now or Miss Out\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postBitcoin Halving Moves: 3 Altcoins to Buy Before They Become Moonshotsappeared first onInvestorPlace.', 'Bitcoin’s(BTC-USD) price has been on an absolute tear lately as we approach the much-anticipated halving in April. The flagship cryptocurrency is up more than 114% over the past year, recently hitting 24-month highs. With the Securities and Exchange Commission approving several spot Bitcoin ETFs and more institutional money flowing into this asset class, it seems Bitcoin’s rally may just be starting.\nBitcoin’s built-in scarcity makes it an intriguing potential store of value, almost like “digital gold” for the digital age. The upcoming halving cuts the Bitcoin miners’ block rewards in half (and thus the token’s incoming supply). This could create a supply shock that sends Bitcoin stratospheric.\nWhile Bitcoin garners much of the attention in this space, and rightfully so, savvy crypto investors know smaller altcoins can deliver truly outsized returns during bull runs. The last major run-up in late 2020 saw many altcoins deliver returns well over 1,000%!\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nOf course, with bigger potential rewards comes bigger risks. Altcoins remain extremely volatile and highly-speculative assets. I only recommend investing money you can afford to lose. Still, for those with some risk tolerance, I’ve compiled three altcoins I believe are undervalued heading into the upcoming halving.\nSource: Maurice NORBERT / Shutterstock.com\nAt first glance,SwissCheese(SWCH-USD) may look like another meme coin thanks to its quirky name. But don’t let that fool you. Thisprojecthas real substance and utility that could make it one of the most sought-after cryptos once word spreads.\nSwissCheese aims to democratize trading and investing by enabling fractional ownership of stocks through tokenized representations on its decentralized platform. Users can access these fractional stocks through any digital token, cryptocurrency, or the native SWCH token. Each tokenized asset essentially represents a slice of an underlying stock.\nThis concept blows open stock market investing for those currently blocked by borders, regulations, or lacking payment options. Crypto knows no borders, so accessing U.S. stocks becomes far easier from abroad using SwissCheese’s platform. Decentralization also brings privacy benefits, which will appeal to many crypto enthusiasts.\nAs I write this, SwissCheese’s market capitalizationsits at just $6.4 million. That said, the project’s total addressable market here could be enormous, given the platform’s global appeal and ability to tap into crypto hype. If SwissCheese gains even modest traction, its tiny valuation today could translate into 10x or 20x returns (or higher) ahead. That asymmetric risk-reward looks compelling to me.\nSource: Marko Aliaksandr/ShutterStock.com\nAlephium(ALPH-USD) has been skyrocketing lately, joining the ranks of red-hot layer 1 blockchain projects. It competes directly against names likeKaspa(KAS-USD),Sei(SEI-USD), and others, but still sports a reasonable$190 million market capat the time of writing.\nThis sharded blockchain platform focuses on delivering scalabili **Last 60 Days of Bitcoin's Closing Prices:** [43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-19 **Financial & Commodity Data:** - Gold Closing Price: $2011.50 - Crude Oil Closing Price: $79.19 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,023,480,269,300 - Hash Rate: 552511789.8013868 - Transaction Count: 366108.0 - Unique Addresses: 617452.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Updates prices at 0530 GMT) By Stella Qiu SYDNEY, Jan 3 (Reuters) - Asian shares extended a global sell-off on Wednesday, while the dollar held gains, as market optimism about early and aggressive U.S. interest rate cuts ebbed ahead of the release of Fed minutes and jobs data. Europe is set to open lower, with EUROSTOXX 50 futures down 0.4% and FTSE futures off 0.3%. S&P 500 futures and Nasdaq futures were both down 0.1%. In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.3% after a 1.0% drop on Tuesday in a sluggish start to 2024. The index rose 4.6% in 2023. Japan markets are shut for a public holiday. South Korean shares slid 2.1%, and Hong Kong's Hang Seng index fell 1.1%, as technology shares dropped 2.2% following a tech-led slide on Wall Street. However, Chinese gaming stocks rose after Reuters reported that Beijing had removed a gaming regulatory official. The sector had suffered a sell-off in the wake of proposed rules to curb spending on video games. Kyle Rodda, an analyst at Capital.com, said the combination of event risk and thin liquidity at the tail end of the holiday raises the prospect of exaggerated moves in markets and heightened volatility. "All that's required is a catalyst, which could come from the data flow in the coming days," Rodda said. Later on Wednesday, U.S. Fed minutes for its December meeting and the ISM survey on U.S. manufacturing are due to be released. The closely watched U.S. nonfarm payrolls report is due on Friday. Overnight, Wall Street's euphoria about the prospects for rate cuts cooled as stocks retreated from record highs. The CME FedWatch Tool suggests a 21.4% chance that U.S. rates will remain steady in March, up from 11.4% on Dec. 29. The Nasdaq slid 1.6%, dragged lower by a nearly 3% drop in Apple to a seven-week low after Barclays downgraded its shares. Tesla shares ended flat after a record number of electric vehicle deliveries in the fourth quarter wasn't enough to prevent China's BYD from taking its spot as the top EV maker. A climb in U.S. Treasury yields in the New Year also pressured stocks. The 10-year yield briefly popped above 4% overnight for the first time in two weeks before closing at 3.9406%, up 8 basis points on the day. Cash Treasuries were not traded in Asia due to the holiday in Japan. "There are reasons to be a tad concerned on the risk front at this early phase of 2024. Geo-political concerns have not abated, and in fact if anything are elevating," said Padhraic Garvey, regional head of research, Americas, at ING. Story continues Indeed, tensions in the Middle East are ratcheting up. Israel on Tuesday killed Hamas deputy leader Saleh al-Arouri in Lebanon's capital Beirut, Lebanese and Palestinian security sources said, raising the potential risk of war in Gaza spreading well beyond the Palestinian enclave. Denmark's Maersk and German rival Hapag-Lloyd said on Tuesday their container ships would continue to avoid the Red Sea after a series of attacks on vessels blamed on Houthi militants. The U.S. dollar, which climbed 0.8% against its peers overnight to a two-week high, held steady at 102.1. Bitcoin rose 0.7% to $45,287, not far from a 21-month peak of $45,922 on Tuesday. Oil prices extended declines. U.S. crude futures slipped 0.3% to $70.18 a barrel, after dropping more than 1% on Tuesday, while Brent was also 0.3% lower at $75.68 a barrel. Spot gold rose 0.3% to $2,065.39 an ounce. (Reporting by Stella Qiu; Editing by Sam Holmes and Neil Fullick.) View comments... - Reddit Posts (Sample): [['u/Lapollo', 'What would you do with the spare €10k? ', 11, '2024-02-19 00:14', 'https://www.reddit.com/r/irishpersonalfinance/comments/1au80jz/what_would_you_do_with_the_spare_10k/', 'If you had a spare €10k to put willingly towards investments, what would you invest it in? I’m not asking for a pension tactics or emergency fund advice or investing in myself. Strictly stock market investing or cryptocurrency? I own no BTC (but am watching its current movement daily) and only 2 ETH, or leaving to maybe even purchase a first home? I’m 24, live at home, have seperate savings and backup fund and just have 10k to put somehere and leave it be for years. I have few grand in stocks and crypto but gotten lazy the last year. Trying to get back into solidifying my future investments. What would you do? I promise I won’t sue any of you for the financial advice you are about to provide. I want to hear all your stories, opinions and advice.', 'https://www.reddit.com/r/irishpersonalfinance/comments/1au80jz/what_would_you_do_with_the_spare_10k/', '1au80jz', [['u/Deep-Palpitation-421', 11, '2024-02-19 00:53', 'https://www.reddit.com/r/irishpersonalfinance/comments/1au80jz/what_would_you_do_with_the_spare_10k/kr2bkb5/', "Depends on how involved you want to be with it. \n\nIf you're happy to execute trades and do your own tax returns then stuck it into degiro and trade away. Buy some of those iShares S&P500 ETFs or Ryanair stock or whatever you want. Learn how to use limit orders, stop loss, trailing stop loss etc and choose your buy/sell prices. OHLC charts are useful. You can trade commodities using limit orders on revolut too. \n\nOr if you'd prefer a.more hands off approach put it into AIB life / Irish Life / Zurich etc. they all have similar funds with slightly different names. Prisma Max, equity consensus fund 1, fusion 6, MAPs5 etc.", '1au80jz'], ['u/KerryDevVal', 26, '2024-02-19 01:10', 'https://www.reddit.com/r/irishpersonalfinance/comments/1au80jz/what_would_you_do_with_the_spare_10k/kr2e4oy/', 'Buy 10k of turf, I got about €30k worth stockpiled to sell on the black market once cutting isn’t allowed anymore', '1au80jz']]], ['u/the_modern_caveman88', 'The Bitcoin Hardware Store', 172, '2024-02-19 00:27', 'https://www.reddit.com/r/Bitcoin/comments/1au8c58/the_bitcoin_hardware_store/', 'New venture here in Bitcoin Beach, El Salvador! They sell all sorts of products from hardware wallets, nodes, seedphrase stamping sets, and they even have a Bitcoin ATM.', 'https://i.redd.it/yy7ujjtkhfjc1.jpeg', '1au8c58', [['u/Alpha__OmeGuh', 11, '2024-02-19 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1au8c58/the_bitcoin_hardware_store/kr2q2r7/', "Yea just give me ur seed phrase and we'll take a look see if i could repair..", '1au8c58'], ['u/the_modern_caveman88', 12, '2024-02-19 04:04', 'https://www.reddit.com/r/Bitcoin/comments/1au8c58/the_bitcoin_hardware_store/kr339rp/', 'This was funny. Theres actually a rule, no personal seed phrase creation. Theres a seedsigner at the store available for demo which is used only as an educational tool.', '1au8c58']]], ['u/GeekyCodeJS', 'The only way to get more Bitcoin.', 15, '2024-02-19 00:27', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/', "People shouldn't overlook the #1 wealth-building tool, which is their income. The less you have, the harder and slower it is for you to stack more Bitcoin.\n\nImagine if you can manage to increase your income from $30,000/year to $60,000/year; that's a 100% return on your money flowing in every month. This is way better than waiting for Bitcoin to reach $100,000 just to achieve the same 100% return.\n\nLearn in-demand skills, solve people's problems, and charge more money for it. Become so valuable that any market condition won't affect you.", 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/', '1au8c7i', [['u/richardto4321', 61, '2024-02-19 00:54', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2bpb3/', 'So basically, the best way to get more Bitcoin is to just have more money to get more Bitcoin. Wow Genius!', '1au8c7i'], ['u/richardto4321', 30, '2024-02-19 01:03', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2d0qo/', "I didn't miss your point. No one did. It's just that your advice applies to life and having healthy finances in general. It's not anything groundbreaking or new for acquiring Bitcoin in particular. I think everyone here gets it.", '1au8c7i'], ['u/Working_Asparagus_59', 13, '2024-02-19 01:03', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2d20r/', 'Just pull yourself up by the bootstraps and rob a bank 🤗', '1au8c7i'], ['u/BlockChad', 12, '2024-02-19 01:16', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2evhq/', 'lol why are you even entertaining this dumbass post?', '1au8c7i'], ['u/MimickingTheImage', 19, '2024-02-19 01:19', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2fbke/', "Dumbest post I've ever seen on here and that's saying a lot.", '1au8c7i'], ['u/observer942', 15, '2024-02-19 01:26', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2gfs5/', "Employers just double people's salary? You should do it, then.", '1au8c7i'], ['u/PeyroniesCat', 28, '2024-02-19 01:56', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2kwiw/', 'Just did it during my lunch break. Easy peasy.', '1au8c7i']]], ['u/AussieCryptoCurrency', 'BTC is instant and free! (Current tx fee USD$6.72, instant = 1 hour)', 100, '2024-02-19 00:56', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/', '\nSo many butters have been messaging me- I feel quite honoured to have my post history scoured (considering Reddit settings for Google searching is off and that requires manually searching posts).\n\nIn 10 years:\n* same block size\n* same transaction rate\n* miners more centralised\n* everybody still keeps their funds on centralised exchanges\n* no one runs nodes\n* the network is more centralised than ever before\n* whales own more BTC than ever before \n* tx fee is regularly USD$5-10 or more\n* BTC price up 100x\n\nWe’re early ', 'https://i.redd.it/snej7v9nmfjc1.jpeg', '1au8zme', [['u/justsightseeing', 21, '2024-02-19 01:08', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr2du8n/', 'but it have censorship resistance & decentralized\n\n\n\n\nfuck why would i want those things instead of\xa0\n\xa00 fee & astronomically faster tx speed?', '1au8zme'], ['u/borald_trumperson', 16, '2024-02-19 01:13', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr2eikz/', "You don't understand what a boon this is to third world mango sellers", '1au8zme'], ['u/anyprophet', 51, '2024-02-19 01:29', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr2gw6a/', "layer 2 solves this\n\n\n(please ignore that this throws away most of the supposed benefits of bitcoin and still doesn't work very well)", '1au8zme'], ['u/UniqueID89', 13, '2024-02-19 02:40', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr2rdci/', 'Few transact.', '1au8zme'], ['u/ApprehensiveSorbet76', 12, '2024-02-19 03:02', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr2ujcs/', 'The miners who validate and process transactions are specifically exempt from the Treasury Department’s KYC AML reporting requirements. What’s the dollar value of this exemption?\n\nCrypto bros got their hooks in with Janet Yellen and the Treasury Department. This compliance exemption is what enables all the crime. A 6 dollar transaction fee is nothing. How much do you think criminals would pay per transaction if they could pay regular banks to turn a blind eye like that? They’d happily pay a few bucks.', '1au8zme'], ['u/Chuckolator', 13, '2024-02-19 03:13', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr2w4xq/', 'At least my $6.72 is going to some electricity thieves in Texas instead 1.5 cents going to those evil engineers at Visa.', '1au8zme'], ['u/dyzo-blue', 15, '2024-02-19 04:49', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr39gex/', "But you shouldn't use it.\n\nhttps://github.com/davidshares/Lightning-Network", '1au8zme'], ['u/ross_st', 27, '2024-02-19 08:23', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr3wjs5/', "Check your Western privilege bro, what about North Koreans who need to build nukes and terrorists who can't use traditional bank accounts?", '1au8zme'], ['u/NorrisMcWhirter', 12, '2024-02-19 13:47', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr4ordt/', 'yeah not bad\n\nthey only need to improve that by two more orders of magnitude and it will be comparable to a free account with a standard consumer bank', '1au8zme']]], ['u/okhzmuskhsm', "He's so desperate", 16, '2024-02-19 00:58', 'https://www.reddit.com/r/bsv/comments/1au915f/hes_so_desperate/', '[https://www.reddit.com/r/law/comments/1atsoe5/is\\_a\\_witness\\_considered\\_a\\_strong\\_evidences\\_for/](https://www.reddit.com/r/law/comments/1atsoe5/is_a_witness_considered_a_strong_evidences_for/)\n\n[https://www.reddit.com/r/LawFirm/comments/1atsqc5/is\\_a\\_witness\\_considered\\_a\\_strong\\_evidences\\_for/](https://www.reddit.com/r/LawFirm/comments/1atsqc5/is_a_witness_considered_a_strong_evidences_for/)\n\n[https://www.reddit.com/r/LawCanada/comments/1atsrlh/is\\_a\\_testimonial\\_of\\_a\\_witness\\_considered\\_a\\_strong/](... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38
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:** ['Bitcoin’s(BTC-USD) price has been on an absolute tear lately as we approach the much-anticipated halving in April. The flagship cryptocurrency is up more than 114% over the past year, recently hitting 24-month highs. With the Securities and Exchange Commission approving several spot Bitcoin ETFs and more institutional money flowing into this asset class, it seems Bitcoin’s rally may just be starting.\nBitcoin’s built-in scarcity makes it an intriguing potential store of value, almost like “digital gold” for the digital age. The upcoming halving cuts the Bitcoin miners’ block rewards in half (and thus the token’s incoming supply). This could create a supply shock that sends Bitcoin stratospheric.\nWhile Bitcoin garners much of the attention in this space, and rightfully so, savvy crypto investors know smaller altcoins can deliver truly outsized returns during bull runs. The last major run-up in late 2020 saw many altcoins deliver returns well over 1,000%!\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nOf course, with bigger potential rewards comes bigger risks. Altcoins remain extremely volatile and highly-speculative assets. I only recommend investing money you can afford to lose. Still, for those with some risk tolerance, I’ve compiled three altcoins I believe are undervalued heading into the upcoming halving.\nSource: Maurice NORBERT / Shutterstock.com\nAt first glance,SwissCheese(SWCH-USD) may look like another meme coin thanks to its quirky name. But don’t let that fool you. Thisprojecthas real substance and utility that could make it one of the most sought-after cryptos once word spreads.\nSwissCheese aims to democratize trading and investing by enabling fractional ownership of stocks through tokenized representations on its decentralized platform. Users can access these fractional stocks through any digital token, cryptocurrency, or the native SWCH token. Each tokenized asset essentially represents a slice of an underlying stock.\nThis concept blows open stock market investing for those currently blocked by borders, regulations, or lacking payment options. Crypto knows no borders, so accessing U.S. stocks becomes far easier from abroad using SwissCheese’s platform. Decentralization also brings privacy benefits, which will appeal to many crypto enthusiasts.\nAs I write this, SwissCheese’s market capitalizationsits at just $6.4 million. That said, the project’s total addressable market here could be enormous, given the platform’s global appeal and ability to tap into crypto hype. If SwissCheese gains even modest traction, its tiny valuation today could translate into 10x or 20x returns (or higher) ahead. That asymmetric risk-reward looks compelling to me.\nSource: Marko Aliaksandr/ShutterStock.com\nAlephium(ALPH-USD) has been skyrocketing lately, joining the ranks of red-hot layer 1 blockchain projects. It competes directly against names likeKaspa(KAS-USD),Sei(SEI-USD), and others, but still sports a reasonable$190 million market capat the time of writing.\nThis sharded blockchain platform focuses on delivering scalability, security, and energy efficiency to power the next generation of Web3 and decentralized applications.\nFrom a tech perspective, Alephium uses a UTXO model and a unique Proof-of-Less-Work consensus that improves on Bitcoin’s pioneering protocol. It also boasts a custom virtual machine and tooling to support developers building on Alephium.\nOver the past year, we’ve witnessed immense speculation and interest around ambitious layer 1 chains. Just look at Kaspa’s parabolic rally.\nAlephium offers a similar value proposition – yet trades at a fraction of its competitors’ valuations. Given the massive room for additional upside, I wouldn’t be surprised if ALPH enters the ranks of 10-figure market cap cryptos.\nLayer 1 protocols like Alephium offer ideal asymmetric upside for investors with a higher risk tolerance. Current prices seem inexpensive if Alephium can indeed evolve into a premium smart contract blockchain.\nSource: Shutterstock\nAt the intersection of two red-hot trends – AI and crypto – sitsPAAL AI(PAAL-USD). This chatbot project uses artificial intelligence and machine learning and integrates these technologies within its network.\nPAAL AI also incentivizes its community by rewarding users with native tokens. PAAL tokens play governance and staking roles – or can unlock premium features.\nWe’ve witnessed the explosion of interest and adoption around AI chat tools like ChatGPT in recent months. I believe it’s only a matter of time before blockchain-based AI projects like PAAL also grab investor attention. That’s especially true given the synergy with crypto’s emphasis on computing power, decentralized networks, and community reward systems.\nConsiderRender Network(RNDR-USD), which allows users to monetize or access GPU power to run intensive computing tasks. Or proof-of-work chains that rely on miners contributing hardware for security and rewards. As blockchain platforms grow more advanced, I suspect we’ll see far more collaboration and interplay with AI as well.\nPAAL’s current market price suggests this token may be relatively inexpensive, if we continue to see surging interest in both AI and crypto. With the recent breakout to new highs and a current market capitalization of$176 million, PAAL AI offers sizable upside potential if adoption scales up in 2024 and beyond.\nOn Low-Capitalization and Low-Volume Cryptocurrencies:InvestorPlace does not regularly publish commentary about cryptocurrencies that have a market capitalization less than $100 million or trade with volume less than $100,000 each day. That’s because these “penny cryptos” are frequently the playground for scam artists and market manipulators. When we do publish commentary on a low-volume crypto that may be affected by our commentary, we ask thatInvestorPlace.com’s writers disclose this fact and warn readers of the risks.Read More:How to Avoid Popular Cryptocurrency Scams\nOn the date of publication, Omor Ibne Ehsan 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.\nOmor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him onLinkedIn.\n• The #1 AI Investment Might Be This Company You’ve Never Heard Of\n• “America’s Top Trader” Issues A.I. Code Red: Act Now or Miss Out\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postBitcoin Halving Moves: 3 Altcoins to Buy Before They Become Moonshotsappeared first onInvestorPlace.', 'Bitcoin’s(BTC-USD) price has been on an absolute tear lately as we approach the much-anticipated halving in April. The flagship cryptocurrency is up more than 114% over the past year, recently hitting 24-month highs. With the Securities and Exchange Commission approving several spot Bitcoin ETFs and more institutional money flowing into this asset class, it seems Bitcoin’s rally may just be starting.\nBitcoin’s built-in scarcity makes it an intriguing potential store of value, almost like “digital gold” for the digital age. The upcoming halving cuts the Bitcoin miners’ block rewards in half (and thus the token’s incoming supply). This could create a supply shock that sends Bitcoin stratospheric.\nWhile Bitcoin garners much of the attention in this space, and rightfully so, savvy crypto investors know smaller altcoins can deliver truly outsized returns during bull runs. The last major run-up in late 2020 saw many altcoins deliver returns well over 1,000%!\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nOf course, with bigger potential rewards comes bigger risks. Altcoins remain extremely volatile and highly-speculative assets. I only recommend investing money you can afford to lose. Still, for those with some risk tolerance, I’ve compiled three altcoins I believe are undervalued heading into the upcoming halving.\nSource: Maurice NORBERT / Shutterstock.com\nAt first glance,SwissCheese(SWCH-USD) may look like another meme coin thanks to its quirky name. But don’t let that fool you. Thisprojecthas real substance and utility that could make it one of the most sought-after cryptos once word spreads.\nSwissCheese aims to democratize trading and investing by enabling fractional ownership of stocks through tokenized representations on its decentralized platform. Users can access these fractional stocks through any digital token, cryptocurrency, or the native SWCH token. Each tokenized asset essentially represents a slice of an underlying stock.\nThis concept blows open stock market investing for those currently blocked by borders, regulations, or lacking payment options. Crypto knows no borders, so accessing U.S. stocks becomes far easier from abroad using SwissCheese’s platform. Decentralization also brings privacy benefits, which will appeal to many crypto enthusiasts.\nAs I write this, SwissCheese’s market capitalizationsits at just $6.4 million. That said, the project’s total addressable market here could be enormous, given the platform’s global appeal and ability to tap into crypto hype. If SwissCheese gains even modest traction, its tiny valuation today could translate into 10x or 20x returns (or higher) ahead. That asymmetric risk-reward looks compelling to me.\nSource: Marko Aliaksandr/ShutterStock.com\nAlephium(ALPH-USD) has been skyrocketing lately, joining the ranks of red-hot layer 1 blockchain projects. It competes directly against names likeKaspa(KAS-USD),Sei(SEI-USD), and others, but still sports a reasonable$190 million market capat the time of writing.\nThis sharded blockchain platform focuses on delivering scalabili **Last 60 Days of Bitcoin's Closing Prices:** [43869.15, 43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-02-19 **Financial & Commodity Data:** - Gold Closing Price: $2011.50 - Crude Oil Closing Price: $79.19 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,023,480,269,300 - Hash Rate: 552511789.8013868 - Transaction Count: 366108.0 - Unique Addresses: 617452.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Updates prices at 0530 GMT) By Stella Qiu SYDNEY, Jan 3 (Reuters) - Asian shares extended a global sell-off on Wednesday, while the dollar held gains, as market optimism about early and aggressive U.S. interest rate cuts ebbed ahead of the release of Fed minutes and jobs data. Europe is set to open lower, with EUROSTOXX 50 futures down 0.4% and FTSE futures off 0.3%. S&P 500 futures and Nasdaq futures were both down 0.1%. In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.3% after a 1.0% drop on Tuesday in a sluggish start to 2024. The index rose 4.6% in 2023. Japan markets are shut for a public holiday. South Korean shares slid 2.1%, and Hong Kong's Hang Seng index fell 1.1%, as technology shares dropped 2.2% following a tech-led slide on Wall Street. However, Chinese gaming stocks rose after Reuters reported that Beijing had removed a gaming regulatory official. The sector had suffered a sell-off in the wake of proposed rules to curb spending on video games. Kyle Rodda, an analyst at Capital.com, said the combination of event risk and thin liquidity at the tail end of the holiday raises the prospect of exaggerated moves in markets and heightened volatility. "All that's required is a catalyst, which could come from the data flow in the coming days," Rodda said. Later on Wednesday, U.S. Fed minutes for its December meeting and the ISM survey on U.S. manufacturing are due to be released. The closely watched U.S. nonfarm payrolls report is due on Friday. Overnight, Wall Street's euphoria about the prospects for rate cuts cooled as stocks retreated from record highs. The CME FedWatch Tool suggests a 21.4% chance that U.S. rates will remain steady in March, up from 11.4% on Dec. 29. The Nasdaq slid 1.6%, dragged lower by a nearly 3% drop in Apple to a seven-week low after Barclays downgraded its shares. Tesla shares ended flat after a record number of electric vehicle deliveries in the fourth quarter wasn't enough to prevent China's BYD from taking its spot as the top EV maker. A climb in U.S. Treasury yields in the New Year also pressured stocks. The 10-year yield briefly popped above 4% overnight for the first time in two weeks before closing at 3.9406%, up 8 basis points on the day. Cash Treasuries were not traded in Asia due to the holiday in Japan. "There are reasons to be a tad concerned on the risk front at this early phase of 2024. Geo-political concerns have not abated, and in fact if anything are elevating," said Padhraic Garvey, regional head of research, Americas, at ING. Story continues Indeed, tensions in the Middle East are ratcheting up. Israel on Tuesday killed Hamas deputy leader Saleh al-Arouri in Lebanon's capital Beirut, Lebanese and Palestinian security sources said, raising the potential risk of war in Gaza spreading well beyond the Palestinian enclave. Denmark's Maersk and German rival Hapag-Lloyd said on Tuesday their container ships would continue to avoid the Red Sea after a series of attacks on vessels blamed on Houthi militants. The U.S. dollar, which climbed 0.8% against its peers overnight to a two-week high, held steady at 102.1. Bitcoin rose 0.7% to $45,287, not far from a 21-month peak of $45,922 on Tuesday. Oil prices extended declines. U.S. crude futures slipped 0.3% to $70.18 a barrel, after dropping more than 1% on Tuesday, while Brent was also 0.3% lower at $75.68 a barrel. Spot gold rose 0.3% to $2,065.39 an ounce. (Reporting by Stella Qiu; Editing by Sam Holmes and Neil Fullick.) View comments... - Reddit Posts (Sample): [['u/Lapollo', 'What would you do with the spare €10k? ', 11, '2024-02-19 00:14', 'https://www.reddit.com/r/irishpersonalfinance/comments/1au80jz/what_would_you_do_with_the_spare_10k/', 'If you had a spare €10k to put willingly towards investments, what would you invest it in? I’m not asking for a pension tactics or emergency fund advice or investing in myself. Strictly stock market investing or cryptocurrency? I own no BTC (but am watching its current movement daily) and only 2 ETH, or leaving to maybe even purchase a first home? I’m 24, live at home, have seperate savings and backup fund and just have 10k to put somehere and leave it be for years. I have few grand in stocks and crypto but gotten lazy the last year. Trying to get back into solidifying my future investments. What would you do? I promise I won’t sue any of you for the financial advice you are about to provide. I want to hear all your stories, opinions and advice.', 'https://www.reddit.com/r/irishpersonalfinance/comments/1au80jz/what_would_you_do_with_the_spare_10k/', '1au80jz', [['u/Deep-Palpitation-421', 11, '2024-02-19 00:53', 'https://www.reddit.com/r/irishpersonalfinance/comments/1au80jz/what_would_you_do_with_the_spare_10k/kr2bkb5/', "Depends on how involved you want to be with it. \n\nIf you're happy to execute trades and do your own tax returns then stuck it into degiro and trade away. Buy some of those iShares S&P500 ETFs or Ryanair stock or whatever you want. Learn how to use limit orders, stop loss, trailing stop loss etc and choose your buy/sell prices. OHLC charts are useful. You can trade commodities using limit orders on revolut too. \n\nOr if you'd prefer a.more hands off approach put it into AIB life / Irish Life / Zurich etc. they all have similar funds with slightly different names. Prisma Max, equity consensus fund 1, fusion 6, MAPs5 etc.", '1au80jz'], ['u/KerryDevVal', 26, '2024-02-19 01:10', 'https://www.reddit.com/r/irishpersonalfinance/comments/1au80jz/what_would_you_do_with_the_spare_10k/kr2e4oy/', 'Buy 10k of turf, I got about €30k worth stockpiled to sell on the black market once cutting isn’t allowed anymore', '1au80jz']]], ['u/the_modern_caveman88', 'The Bitcoin Hardware Store', 172, '2024-02-19 00:27', 'https://www.reddit.com/r/Bitcoin/comments/1au8c58/the_bitcoin_hardware_store/', 'New venture here in Bitcoin Beach, El Salvador! They sell all sorts of products from hardware wallets, nodes, seedphrase stamping sets, and they even have a Bitcoin ATM.', 'https://i.redd.it/yy7ujjtkhfjc1.jpeg', '1au8c58', [['u/Alpha__OmeGuh', 11, '2024-02-19 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1au8c58/the_bitcoin_hardware_store/kr2q2r7/', "Yea just give me ur seed phrase and we'll take a look see if i could repair..", '1au8c58'], ['u/the_modern_caveman88', 12, '2024-02-19 04:04', 'https://www.reddit.com/r/Bitcoin/comments/1au8c58/the_bitcoin_hardware_store/kr339rp/', 'This was funny. Theres actually a rule, no personal seed phrase creation. Theres a seedsigner at the store available for demo which is used only as an educational tool.', '1au8c58']]], ['u/GeekyCodeJS', 'The only way to get more Bitcoin.', 15, '2024-02-19 00:27', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/', "People shouldn't overlook the #1 wealth-building tool, which is their income. The less you have, the harder and slower it is for you to stack more Bitcoin.\n\nImagine if you can manage to increase your income from $30,000/year to $60,000/year; that's a 100% return on your money flowing in every month. This is way better than waiting for Bitcoin to reach $100,000 just to achieve the same 100% return.\n\nLearn in-demand skills, solve people's problems, and charge more money for it. Become so valuable that any market condition won't affect you.", 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/', '1au8c7i', [['u/richardto4321', 61, '2024-02-19 00:54', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2bpb3/', 'So basically, the best way to get more Bitcoin is to just have more money to get more Bitcoin. Wow Genius!', '1au8c7i'], ['u/richardto4321', 30, '2024-02-19 01:03', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2d0qo/', "I didn't miss your point. No one did. It's just that your advice applies to life and having healthy finances in general. It's not anything groundbreaking or new for acquiring Bitcoin in particular. I think everyone here gets it.", '1au8c7i'], ['u/Working_Asparagus_59', 13, '2024-02-19 01:03', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2d20r/', 'Just pull yourself up by the bootstraps and rob a bank 🤗', '1au8c7i'], ['u/BlockChad', 12, '2024-02-19 01:16', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2evhq/', 'lol why are you even entertaining this dumbass post?', '1au8c7i'], ['u/MimickingTheImage', 19, '2024-02-19 01:19', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2fbke/', "Dumbest post I've ever seen on here and that's saying a lot.", '1au8c7i'], ['u/observer942', 15, '2024-02-19 01:26', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2gfs5/', "Employers just double people's salary? You should do it, then.", '1au8c7i'], ['u/PeyroniesCat', 28, '2024-02-19 01:56', 'https://www.reddit.com/r/Bitcoin/comments/1au8c7i/the_only_way_to_get_more_bitcoin/kr2kwiw/', 'Just did it during my lunch break. Easy peasy.', '1au8c7i']]], ['u/AussieCryptoCurrency', 'BTC is instant and free! (Current tx fee USD$6.72, instant = 1 hour)', 100, '2024-02-19 00:56', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/', '\nSo many butters have been messaging me- I feel quite honoured to have my post history scoured (considering Reddit settings for Google searching is off and that requires manually searching posts).\n\nIn 10 years:\n* same block size\n* same transaction rate\n* miners more centralised\n* everybody still keeps their funds on centralised exchanges\n* no one runs nodes\n* the network is more centralised than ever before\n* whales own more BTC than ever before \n* tx fee is regularly USD$5-10 or more\n* BTC price up 100x\n\nWe’re early ', 'https://i.redd.it/snej7v9nmfjc1.jpeg', '1au8zme', [['u/justsightseeing', 21, '2024-02-19 01:08', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr2du8n/', 'but it have censorship resistance & decentralized\n\n\n\n\nfuck why would i want those things instead of\xa0\n\xa00 fee & astronomically faster tx speed?', '1au8zme'], ['u/borald_trumperson', 16, '2024-02-19 01:13', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr2eikz/', "You don't understand what a boon this is to third world mango sellers", '1au8zme'], ['u/anyprophet', 51, '2024-02-19 01:29', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr2gw6a/', "layer 2 solves this\n\n\n(please ignore that this throws away most of the supposed benefits of bitcoin and still doesn't work very well)", '1au8zme'], ['u/UniqueID89', 13, '2024-02-19 02:40', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr2rdci/', 'Few transact.', '1au8zme'], ['u/ApprehensiveSorbet76', 12, '2024-02-19 03:02', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr2ujcs/', 'The miners who validate and process transactions are specifically exempt from the Treasury Department’s KYC AML reporting requirements. What’s the dollar value of this exemption?\n\nCrypto bros got their hooks in with Janet Yellen and the Treasury Department. This compliance exemption is what enables all the crime. A 6 dollar transaction fee is nothing. How much do you think criminals would pay per transaction if they could pay regular banks to turn a blind eye like that? They’d happily pay a few bucks.', '1au8zme'], ['u/Chuckolator', 13, '2024-02-19 03:13', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr2w4xq/', 'At least my $6.72 is going to some electricity thieves in Texas instead 1.5 cents going to those evil engineers at Visa.', '1au8zme'], ['u/dyzo-blue', 15, '2024-02-19 04:49', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr39gex/', "But you shouldn't use it.\n\nhttps://github.com/davidshares/Lightning-Network", '1au8zme'], ['u/ross_st', 27, '2024-02-19 08:23', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr3wjs5/', "Check your Western privilege bro, what about North Koreans who need to build nukes and terrorists who can't use traditional bank accounts?", '1au8zme'], ['u/NorrisMcWhirter', 12, '2024-02-19 13:47', 'https://www.reddit.com/r/Buttcoin/comments/1au8zme/btc_is_instant_and_free_current_tx_fee_usd672/kr4ordt/', 'yeah not bad\n\nthey only need to improve that by two more orders of magnitude and it will be comparable to a free account with a standard consumer bank', '1au8zme']]], ['u/okhzmuskhsm', "He's so desperate", 16, '2024-02-19 00:58', 'https://www.reddit.com/r/bsv/comments/1au915f/hes_so_desperate/', '[https://www.reddit.com/r/law/comments/1atsoe5/is\\_a\\_witness\\_considered\\_a\\_strong\\_evidences\\_for/](https://www.reddit.com/r/law/comments/1atsoe5/is_a_witness_considered_a_strong_evidences_for/)\n\n[https://www.reddit.com/r/LawFirm/comments/1atsqc5/is\\_a\\_witness\\_considered\\_a\\_strong\\_evidences\\_for/](https://www.reddit.com/r/LawFirm/comments/1atsqc5/is_a_witness_considered_a_strong_evidences_for/)\n\n[https://www.reddit.com/r/LawCanada/comments/1atsrlh/is\\_a\\_testimonial\\_of\\_a\\_witness\\_considered\\_a\\_strong/](... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Ethereumis experiencing a bullish run, climbing nearly 4% in a single day and boasting a 28% increase since the start of February. Analysts predict this upward trend could continue, driven by a confluence of positive factors, such as the highly anticipated Dencun upgrade. Scheduled for release within a month, this upgrade will introduce "proto-danksharding," a technology that reduces data availability costs and paves the way for faster and cheaper transactions.\nAdding to the excitement is the growing speculation that the US Securities and Exchange Commission (SEC) might finally approve a spot Ethereum ETF this year. The recent green light for several Bitcoin ETFs has fueled hope that Ethereum will follow suit, potentially attracting significant investments and boosting the token\'s price.\nFurther bolstering the bullish sentiment is the increasing confidence among traders, evident in the rising open interest in Ethereum futures and options contracts. CryptoQuant, a leading on-chain analytics platform, highlights this trend but cautions against complacency, emphasizing the potential for sudden sell-offs.\nTrading volume, a crucial indicator of market participation, is also picking up, although it hasn\'t quite reached the levels seen during the November 2021 bull run. Notably, major Bitcoin news, like the recent ETF approval, has triggered surges in Ethereum trading volume, suggesting its sensitivity to broader market developments.', 'ARK Invest, a prominent investment firm led by Cathie Wood, sold nearly half a million shares of Coinbase Global (COIN) for roughly $90 million last Friday. This move comes despite positive analyst sentiment following Coinbase\'s stronger-than-expected fourth-quarter results.\nARK, one of Coinbase\'s largest institutional backers, shed shares across its various exchange-traded funds (ETFs): 397,924 from ARKK, 45,433 from ARKW, and 55,792 from ARKF. This brings the total number of shares sold to 499,149.\nThis decision appears to contradict the bullish outlook from several analysts following Coinbase\'s earnings report. The stock surged nearly 27% last week, fueled by upbeat financial results. KBW upgraded the stock to "market perform" and raised its price target, while analysts at Wedbush, Canaccord Genuity, and JMP Securities also adjusted their targets upwards.\nHowever, not all analysts shared the optimism. JPMorgan criticized Coinbase for its lack of transparency regarding the impact of spot Bitcoin ETFs on its business. Whether ARK\'s move signals a broader concern about Coinbase or simply portfolio rebalancing remains to be seen.', "Hong Kong's crypto market is experiencing a surge of interest from established financial institutions, eager to capitalize on the booming demand for digital assets. Less than a year after regulatory approval for crypto exchanges, traditional brokerages like Tiger Brokers and Victory Securities are aggressively pursuing licenses to offer crypto trading services.\nTiger Brokers has already upgraded its Hong Kong license to include crypto trading for professional investors and institutions. Retail investors will soon be able to join the platform once the Securities and Futures Commission (SFC) grants approval. The firm plans to offer Bitcoin and Ethereum alongside traditional assets like stocks and options, with plans to explore altcoin listings subject to regulatory greenlight. Tiger Brokers views crypto as a natural business extension, citing synergy with its existing fintech expertise.\nVictory Securities isn't far behind, having secured a retail crypto trading license in November 2023. They've already witnessed significant growth in virtual asset transactions and new customers, prompting them to launch trading discounts to attract even more.\nPartnerships are also accelerating the crypto integration. Licensed crypto exchange OSL joined forces with Interactive Brokers to offer Bitcoin and Ethereum trading to retail investors through Interactive Brokers' platform. Additionally, Bybit, another crypto exchange, has submitted a retail trading license application, aiming to join the market.\nHowever, obtaining a license comes at a cost. Web3 firms seeking licenses need to invest up to $25 million in infrastructure and compliance, highlighting the commitment required to navigate the regulatory landscape.", "Thanks to booming optimism among investors, even what many consider to be speculative assets are experiencing strong gains. For example,Bitcoin(CRYPTO: BTC)has skyrocketed 211% since the start of 2023, and it's already up 22% this year (as of Feb. 15).\nBefore you rush to buy theworld's most valuable cryptocurrencyto take advantage of the momentum, take the time to understand the top five risks that it faces.\nWhen people think about what can go wrong with Bitcoin, I think the biggest risk factor that comes to mind isgovernments simply banning it. This means they would make it illegal to own it or transact with it, andmining the cryptocurrencywould also be a criminal act.\nBecause governments, with their central banks, control interest rates and money supply within their borders, it makes sense that they're threatened by Bitcoin. The decentralized monetary network is a direct competitor to the current monetary system.\nHowever, the recent approval of spot Bitcoinexchange-traded fundsprovided somewhat of a stamp of approval that this is indeed a legitimate financial asset in the eyes of regulators, at least in the U.S.\nBitcoin's entire security is dependent on cryptography. Whoever controls the private keys controls the Bitcoin. Up until this point, Bitcoin has never been hacked, which demonstrates how secure the network has been.\nBut quantum computing poses a risk. These are machines that can solve complex problems faster than regular computers. The worry is that quantum computing can crack Bitcoin's cryptography, exposing everyone'sprivate keys, thus rendering the network useless and worthless.\nOf course, in this scenario, every other piece of data that is protected by high levels of digital security -- like data from tech firms, financial institutions, or even governments -- could be hacked as well. In Bitcoin's case, developers could use quantum computing to come up with an upgraded version of the security system.\nBitcoin differs from other popular cryptocurrencies, likeEthereum,Cardano, orSolana, because its architecture is incredibly simple. This is purely by design. Simplicity limits the chances that something can go wrong.\nEthereum has numerous planned upgrades ahead. But this adds tremendous technical risk to the equation, because any time the software is changed, there's a high chance that an error will happen. This could undermine the entire network.\nBitcoin has had some upgrades in the past, which ended up being minor tweaks. However, should developers introduce major changes, issues could present themselves.\nBitcoin processes only 3.5 transactions per second, which is significantly below other cryptocurrencies, and far lower thanVisa's throughput of 65,000. Moreover, a typical Bitcoin transaction currently costs $9.40.\nSlow speeds and high fees are what critics point to as the key reasons why Bitcoin won't ever achieve mass adoption. Because the network is so decentralized, with no authority in charge, there's a big question about how Bitcoin can scale up to handle more activity.\nThelightning network is a prominent innovationthat could drive greater usage over time. This Layer 2 solution creates different payment channels between users, who then settle their final transactions to the main Bitcoin blockchain. But its success is far from guaranteed.\nBitcoin's current market cap sits at $1 trillion, comparable to some of the most dominant tech businesses on the face of the planet. And because of how much media coverage it gets, coupled with the growing list of financial products and services that support it, one could argue that Bitcoin has now become a mainstream asset.\nHowever, Bitcoin's price currently sits 23% below its all-time high, and there have been numerous instances historically where the asset experienced greater than 50% drawdowns. As more individual and institutional investors start to buy and hold Bitcoin, its volatility should naturally come down.\nFor some, though, the ongoing stretches of highs and lows might be too much to stomach. This could limit Bitcoin's ultimate adoption.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002*.\nSee the 10 stocks\n*Stock Advisor returns as of February 12, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Cardano, Ethereum, Solana, and Visa. The Motley Fool has adisclosure policy.\n5 Top Risks Every Bitcoin Investor Should Knowwas originally published by The Motley Fool", "Thanks to booming optimism among investors, even what many consider to be speculative assets are experiencing strong gains. For example,Bitcoin(CRYPTO: BTC)has skyrocketed 211% since the start of 2023, and it's already up 22% this year (as of Feb. 15).\nBefore you rush to buy theworld's most valuable cryptocurrencyto take advantage of the momentum, take the time to understand the top five risks that it faces.\nWhen people think about what can go wrong with Bitcoin, I think the biggest risk factor that comes to mind isgovernments simply banning it. This means they would m **Last 60 Days of Bitcoin's Closing Prices:** [43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-20 **Financial & Commodity Data:** - Gold Closing Price: $2027.50 - Crude Oil Closing Price: $78.18 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,027,073,568,825 - Hash Rate: 572824723.2499672 - Transaction Count: 397096.0 - Unique Addresses: 638563.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: While the debut of spot bitcoin exchange-traded funds this month appears to have been wildly successful for the funds and their issuers, the same can’t be said for their older cousins, the futures funds that have been trading for the past several years. The largest among them, the $1.85 billionProShares Bitcoin Strategy ETF (BITO)has struggled since the spot funds hit the market Jan. 11, the day after their approval was granted by the Securities and Exchange Commission. Investors have pulled $203 million from the fund since that day, according to etf.com data. At the same time, the fund’s trading volume has simmered down, dropping back to its average 19 million or so a day, after surging to 88.6 million on Jan. 11, according to Bloomberg data. The approval of the spot bitcoin ETF has been seen as a threat to take market share from the approximately $2 billion in bitcoin futures funds. Since BITO’s 2021 approval, only futures-based bitcoin ETFs were available to investors, and the spot funds now give investors exposure to real-time bitcoin prices and enable them to bypass crypto exchanges like Coinbase. “Though they’ve delivered strong returns over the past year, bitcoin futures ETFs suffer from higher costs than their spot bitcoin ETF counterparts,” said etf.com analyst Sumit Roy. “In particular, roll costs—or the cost of rolling from one futures contract to another—have dampened the ETFs’ returns.” At the same time, spot bitcoin ETFs have pulled in billions from investors: more than $3 billion as of Thursday, Jan. 18. Last week, VanEck closed its flagship bitcoin futures fund after the firm launched a spot bitcoin ETF product. “We believe investor appetite would switch from products offering bitcoin futures exposure to direct bitcoin exposure,” said Kyle DaCruz, director of digital assets product at VanEck in a statement to etf.com. ProShares didn’t immediately return a call seeking comment. While there still could be some uses for the futures fund, many experts expect the investment vehicles to eventually peter out, similarly to how gold futures ETFs eventually became extinct after a spot gold ETF launched. “What people want is spot, which removes the issues of contango and backwardation. I'm saying this as someone who holds crypto future assets, but there are lots of benefits of a spot bitcoin ETF,” said Matt Hougan, chief investment officer of Bitwise. The ProShares fund has also seen outflows as the price of bitcoin has retreated from recent highs at the start of the new year. The cryptocurrency’s current price is $40,601, down about 13% since January 9 when it saw its high of the year at nearly $47,000. Contact Lucy Brewster at [email protected]. Permalink| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): [['u/RIP_Paul_Walkerr', 'Buying CKB in New York', 30, '2024-02-20 00:02', 'https://www.reddit.com/r/NervosNetwork/comments/1av1nbc/buying_ckb_in_new_york/', 'Has anyone done this recently? A couple years ago I bought a bunch, but I remember it was a somewhat a hassle. How are new yorkers currently buying? Can you still transfer BTC/ETC from Coinbase to Kucoin and exchange?\n\n​\n\n​', 'https://www.reddit.com/r/NervosNetwork/comments/1av1nbc/buying_ckb_in_new_york/', '1av1nbc', [['u/tonik24', 10, '2024-02-20 03:27', 'https://www.reddit.com/r/NervosNetwork/comments/1av1nbc/buying_ckb_in_new_york/kr8h229/', 'Rumor has it that CKB will list on Kraken this Thursday…', '1av1nbc']]], ['u/Far_Breakfast_5808', '[SERIOUS] Have BTC proponents or supporters, especially the ones who believe that BTC will be the currency of the world or their country if society collapses, seriously considered how that will work if society collapses?', 36, '2024-02-20 01:19', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/', "BTC and crypto in general require internet and electricity. If society were to collapse, both would be in very short supply. They'll exist, but probably not in the amount needed to process transactions, and this is assuming the scenario where *more* people use BTC then than are using them now. Batteries don't last forever and that juice still requires supply.\n\nIn addition, if society collapses, I have my doubts that people will even have things like wallets, crypto, or computers on their mind. In instances like this, it's always the most basic needs like food, shelter, clothing, water, and so on. Just imagine how impractical it is to do a BTC transaction during a period of collapse, rather than something far more practical like cash. And even if governments weren't around to give their hated fiat value, humans work in such a way that they'd agree to give values to cash anyway. That's how fiat first evolved in the first place. And if it's not cash, anything from IOU slips to even barter would work.\n\nHave these people who claim that BTC will be the currency of the dystopian future even thought for a sec the practicality of their scenario?", 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/', '1av3jdv', [['u/Chad_Broski_2', 39, '2024-02-20 01:23', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr7xr6h/', 'It\'s a very "fuck you, got mine" ideology that leads to shit like this. Butters think they\'ll survive the initial social upheaval and join up with a society that will rise out of the ashes, and that this society will HAVE to use their magic beans because...reasons. They also think it\'s a lot easier to protect their keys rather than trying to hold onto other assets, which may be partially correct, but in this wild fictional scenario I still feel like gold would be a far better choice', '1av3jdv'], ['u/jfrglrck', 51, '2024-02-20 01:29', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr7yoff/', 'None of it makes any sense whatsoever. \n\nIn the meantime I’d rather collect tulip bulbs. At least when society collapses I’d get flowers every spring.', '1av3jdv'], ['u/sciolycaptain', 17, '2024-02-20 01:31', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr7z2g1/', 'In that post collapse society, what will be valued will be useful knowledge, skills, and tangible assists like food and tools. Not cryptowallets.', '1av3jdv'], ['u/Val_Fortecazzo', 16, '2024-02-20 01:34', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr7zfwk/', 'Nope, too busy fantasizing about what they would do as the gods of the new world order.', '1av3jdv'], ['u/VintageLunchMeat', 13, '2024-02-20 01:54', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr82ntw/', "> In instances like this, it's always the most basic needs like food, shelter, clothing, water, and so on. \n\nCrypto enthusiasts, like traditional conservatives, reject the idea that the government should provide government services to the wrong people, excluding those involving firearms. That the state is illegitimate if it should tax them so that a poor black kid has school lunches.\n\nBut do not have a historical example of such a society to point at. Or a sketched out modern model.\n\nSetting aside feudalism. \n\n---\n\nIt goes back to the post Civil War southern white backlash, which was broadly successful, maybe.\n\nhttps://www.thenation.com/article/archive/exclusive-lee-atwaters-infamous-1981-interview-southern-strategy/\n\n---\n\nCryptocurrency, is partly a religious movement with end-times mythos.\n\n---\n\nWilhoit: Conservatism consists of exactly one proposition, to wit: There must be in-groups whom the law protects but does not bind, alongside out-groups whom the law binds but does not protect.\n\nIn light of this, cryptoids think they'll be among the saved and not those who get it in the neck when the apocalypse hits.", '1av3jdv'], ['u/toshex', 12, '2024-02-20 02:08', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr84rxt/', 'No zombie apocalypse movie has BTC in it. Simple as that.', '1av3jdv'], ['u/ugh_this_sucks__', 38, '2024-02-20 02:08', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr84wcv/', 'They have not. In their minds the USD collapses but for some reason everyone jumps on BTC because reasons. But whenever you ask why a government wouldn’t just make its own crypto, they just squeal at you.\n\nAlso, in their minds collapse just means “currency collapses.” They imagine that infrastructure and restaurants and Lambo dealerships will all still be perfectly operational but they’ll be suddenly hyper wealthy.', '1av3jdv'], ['u/Far_Breakfast_5808', 13, '2024-02-20 02:29', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr885w1/', "I would but I know I'll get banned if I do.", '1av3jdv'], ['u/DoxxThis1', 30, '2024-02-20 03:27', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8h2ku/', '> Govt. creating their own crypto is nothing but fiat currency on some blockchain.\n\nAn anonymous rando (“Satoshi”) creating their own crypto is nothing but fantasy currency on some blockchain. What’s the point of this crypto?', '1av3jdv'], ['u/Far_Breakfast_5808', 10, '2024-02-20 03:42', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8je80/', '>energy is sparse; communication lines are sporadic\n\nExactly. BTC as we know it today would pretty much not work in an apocalyptic world.', '1av3jdv'], ['u/SeboSlav100', 20, '2024-02-20 04:12', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8nt4x/', "What markets? We sure don't know a single one.", '1av3jdv'], ['u/SeboSlav100', 12, '2024-02-20 04:15', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8o9yd/', 'Ah so the fantasy one, got it. \n\n>There are more than 10 ETF product in USA focused on BTC and you say what markets?\n\nCalling them.product implies they serve purpose and have usage that is not crime.', '1av3jdv'], ['u/ugh_this_sucks__', 12, '2024-02-20 04:18', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8ooay/', 'Ummm I think you’re a little confused about some of the words you’re using :)', '1av3jdv'], ['u/SeboSlav100', 11, '2024-02-20 04:19', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8ow1i/', "I'm still waiting for the 1 trillion dollars market cap or any useful thing it's used for.\n\nBut I'll make a safe bet and say my grandchildren will be dead before that happens.", '1av3jdv'], ['u/foxbones', 10, '2024-02-20 04:27', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8q0o4/', 'Yeah it\'s really sad. I have some Bitcoin, and have had some forever buying and selling occasionally, using occasionally, and genuinely interested in it.\n\nToo many people think that putting $500 from a Stimulus check is going to equal a Lamborghini, a mansion, and being surrounded by hot women in the near future. So many suffer from Powerball fantasies, but they think it is actually going to happen.\n\nDon\'t even get me started about the folks putting their entire Wendy\'s paycheck for 2 months in something called SantaCoin in December. Or posting "white papers" on something called "SafeMoon".\n\nScammers are probably having their roaring 20s between Crypto and MAGA folks.', '1av3jdv'], ['u/ugh_this_sucks__', 17, '2024-02-20 05:09', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8vruv/', "But that's not a reason for a government to choose something.\n\nAlso, what exactly do you imagine would lead to that? Like, what are series of events you think might take place?", '1av3jdv'], ['u/Tallergeese', 14, '2024-02-20 05:16', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8wpr4/', 'Tulip bulbs are actually edible too.', '1av3jdv'], ['u/FlixFlix', 10, '2024-02-20 05:38', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8zgun/', '> _Have BTC supporters […] seriously considered […]\n\nIn the wise words of dogecoin creator Billy Markus when asked if he considered the environmental impact: “I didn’t consider anything”', '1av3jdv'], ['u/JasperJ', 12, '2024-02-20 09:51', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr9o0ej/', 'In what way are other coins less decentralized than ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Ethereumis experiencing a bullish run, climbing nearly 4% in a single day and boasting a 28% increase since the start of February. Analysts predict this upward trend could continue, driven by a confluence of positive factors, such as the highly anticipated Dencun upgrade. Scheduled for release within a month, this upgrade will introduce "proto-danksharding," a technology that reduces data availability costs and paves the way for faster and cheaper transactions.\nAdding to the excitement is the growing speculation that the US Securities and Exchange Commission (SEC) might finally approve a spot Ethereum ETF this year. The recent green light for several Bitcoin ETFs has fueled hope that Ethereum will follow suit, potentially attracting significant investments and boosting the token\'s price.\nFurther bolstering the bullish sentiment is the increasing confidence among traders, evident in the rising open interest in Ethereum futures and options contracts. CryptoQuant, a leading on-chain analytics platform, highlights this trend but cautions against complacency, emphasizing the potential for sudden sell-offs.\nTrading volume, a crucial indicator of market participation, is also picking up, although it hasn\'t quite reached the levels seen during the November 2021 bull run. Notably, major Bitcoin news, like the recent ETF approval, has triggered surges in Ethereum trading volume, suggesting its sensitivity to broader market developments.', 'ARK Invest, a prominent investment firm led by Cathie Wood, sold nearly half a million shares of Coinbase Global (COIN) for roughly $90 million last Friday. This move comes despite positive analyst sentiment following Coinbase\'s stronger-than-expected fourth-quarter results.\nARK, one of Coinbase\'s largest institutional backers, shed shares across its various exchange-traded funds (ETFs): 397,924 from ARKK, 45,433 from ARKW, and 55,792 from ARKF. This brings the total number of shares sold to 499,149.\nThis decision appears to contradict the bullish outlook from several analysts following Coinbase\'s earnings report. The stock surged nearly 27% last week, fueled by upbeat financial results. KBW upgraded the stock to "market perform" and raised its price target, while analysts at Wedbush, Canaccord Genuity, and JMP Securities also adjusted their targets upwards.\nHowever, not all analysts shared the optimism. JPMorgan criticized Coinbase for its lack of transparency regarding the impact of spot Bitcoin ETFs on its business. Whether ARK\'s move signals a broader concern about Coinbase or simply portfolio rebalancing remains to be seen.', "Hong Kong's crypto market is experiencing a surge of interest from established financial institutions, eager to capitalize on the booming demand for digital assets. Less than a year after regulatory approval for crypto exchanges, traditional brokerages like Tiger Brokers and Victory Securities are aggressively pursuing licenses to offer crypto trading services.\nTiger Brokers has already upgraded its Hong Kong license to include crypto trading for professional investors and institutions. Retail investors will soon be able to join the platform once the Securities and Futures Commission (SFC) grants approval. The firm plans to offer Bitcoin and Ethereum alongside traditional assets like stocks and options, with plans to explore altcoin listings subject to regulatory greenlight. Tiger Brokers views crypto as a natural business extension, citing synergy with its existing fintech expertise.\nVictory Securities isn't far behind, having secured a retail crypto trading license in November 2023. They've already witnessed significant growth in virtual asset transactions and new customers, prompting them to launch trading discounts to attract even more.\nPartnerships are also accelerating the crypto integration. Licensed crypto exchange OSL joined forces with Interactive Brokers to offer Bitcoin and Ethereum trading to retail investors through Interactive Brokers' platform. Additionally, Bybit, another crypto exchange, has submitted a retail trading license application, aiming to join the market.\nHowever, obtaining a license comes at a cost. Web3 firms seeking licenses need to invest up to $25 million in infrastructure and compliance, highlighting the commitment required to navigate the regulatory landscape.", "Thanks to booming optimism among investors, even what many consider to be speculative assets are experiencing strong gains. For example,Bitcoin(CRYPTO: BTC)has skyrocketed 211% since the start of 2023, and it's already up 22% this year (as of Feb. 15).\nBefore you rush to buy theworld's most valuable cryptocurrencyto take advantage of the momentum, take the time to understand the top five risks that it faces.\nWhen people think about what can go wrong with Bitcoin, I think the biggest risk factor that comes to mind isgovernments simply banning it. This means they would make it illegal to own it or transact with it, andmining the cryptocurrencywould also be a criminal act.\nBecause governments, with their central banks, control interest rates and money supply within their borders, it makes sense that they're threatened by Bitcoin. The decentralized monetary network is a direct competitor to the current monetary system.\nHowever, the recent approval of spot Bitcoinexchange-traded fundsprovided somewhat of a stamp of approval that this is indeed a legitimate financial asset in the eyes of regulators, at least in the U.S.\nBitcoin's entire security is dependent on cryptography. Whoever controls the private keys controls the Bitcoin. Up until this point, Bitcoin has never been hacked, which demonstrates how secure the network has been.\nBut quantum computing poses a risk. These are machines that can solve complex problems faster than regular computers. The worry is that quantum computing can crack Bitcoin's cryptography, exposing everyone'sprivate keys, thus rendering the network useless and worthless.\nOf course, in this scenario, every other piece of data that is protected by high levels of digital security -- like data from tech firms, financial institutions, or even governments -- could be hacked as well. In Bitcoin's case, developers could use quantum computing to come up with an upgraded version of the security system.\nBitcoin differs from other popular cryptocurrencies, likeEthereum,Cardano, orSolana, because its architecture is incredibly simple. This is purely by design. Simplicity limits the chances that something can go wrong.\nEthereum has numerous planned upgrades ahead. But this adds tremendous technical risk to the equation, because any time the software is changed, there's a high chance that an error will happen. This could undermine the entire network.\nBitcoin has had some upgrades in the past, which ended up being minor tweaks. However, should developers introduce major changes, issues could present themselves.\nBitcoin processes only 3.5 transactions per second, which is significantly below other cryptocurrencies, and far lower thanVisa's throughput of 65,000. Moreover, a typical Bitcoin transaction currently costs $9.40.\nSlow speeds and high fees are what critics point to as the key reasons why Bitcoin won't ever achieve mass adoption. Because the network is so decentralized, with no authority in charge, there's a big question about how Bitcoin can scale up to handle more activity.\nThelightning network is a prominent innovationthat could drive greater usage over time. This Layer 2 solution creates different payment channels between users, who then settle their final transactions to the main Bitcoin blockchain. But its success is far from guaranteed.\nBitcoin's current market cap sits at $1 trillion, comparable to some of the most dominant tech businesses on the face of the planet. And because of how much media coverage it gets, coupled with the growing list of financial products and services that support it, one could argue that Bitcoin has now become a mainstream asset.\nHowever, Bitcoin's price currently sits 23% below its all-time high, and there have been numerous instances historically where the asset experienced greater than 50% drawdowns. As more individual and institutional investors start to buy and hold Bitcoin, its volatility should naturally come down.\nFor some, though, the ongoing stretches of highs and lows might be too much to stomach. This could limit Bitcoin's ultimate adoption.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002*.\nSee the 10 stocks\n*Stock Advisor returns as of February 12, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Cardano, Ethereum, Solana, and Visa. The Motley Fool has adisclosure policy.\n5 Top Risks Every Bitcoin Investor Should Knowwas originally published by The Motley Fool", "Thanks to booming optimism among investors, even what many consider to be speculative assets are experiencing strong gains. For example,Bitcoin(CRYPTO: BTC)has skyrocketed 211% since the start of 2023, and it's already up 22% this year (as of Feb. 15).\nBefore you rush to buy theworld's most valuable cryptocurrencyto take advantage of the momentum, take the time to understand the top five risks that it faces.\nWhen people think about what can go wrong with Bitcoin, I think the biggest risk factor that comes to mind isgovernments simply banning it. This means they would m **Last 60 Days of Bitcoin's Closing Prices:** [43997.90, 43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-02-20 **Financial & Commodity Data:** - Gold Closing Price: $2027.50 - Crude Oil Closing Price: $78.18 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,027,073,568,825 - Hash Rate: 572824723.2499672 - Transaction Count: 397096.0 - Unique Addresses: 638563.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: While the debut of spot bitcoin exchange-traded funds this month appears to have been wildly successful for the funds and their issuers, the same can’t be said for their older cousins, the futures funds that have been trading for the past several years. The largest among them, the $1.85 billionProShares Bitcoin Strategy ETF (BITO)has struggled since the spot funds hit the market Jan. 11, the day after their approval was granted by the Securities and Exchange Commission. Investors have pulled $203 million from the fund since that day, according to etf.com data. At the same time, the fund’s trading volume has simmered down, dropping back to its average 19 million or so a day, after surging to 88.6 million on Jan. 11, according to Bloomberg data. The approval of the spot bitcoin ETF has been seen as a threat to take market share from the approximately $2 billion in bitcoin futures funds. Since BITO’s 2021 approval, only futures-based bitcoin ETFs were available to investors, and the spot funds now give investors exposure to real-time bitcoin prices and enable them to bypass crypto exchanges like Coinbase. “Though they’ve delivered strong returns over the past year, bitcoin futures ETFs suffer from higher costs than their spot bitcoin ETF counterparts,” said etf.com analyst Sumit Roy. “In particular, roll costs—or the cost of rolling from one futures contract to another—have dampened the ETFs’ returns.” At the same time, spot bitcoin ETFs have pulled in billions from investors: more than $3 billion as of Thursday, Jan. 18. Last week, VanEck closed its flagship bitcoin futures fund after the firm launched a spot bitcoin ETF product. “We believe investor appetite would switch from products offering bitcoin futures exposure to direct bitcoin exposure,” said Kyle DaCruz, director of digital assets product at VanEck in a statement to etf.com. ProShares didn’t immediately return a call seeking comment. While there still could be some uses for the futures fund, many experts expect the investment vehicles to eventually peter out, similarly to how gold futures ETFs eventually became extinct after a spot gold ETF launched. “What people want is spot, which removes the issues of contango and backwardation. I'm saying this as someone who holds crypto future assets, but there are lots of benefits of a spot bitcoin ETF,” said Matt Hougan, chief investment officer of Bitwise. The ProShares fund has also seen outflows as the price of bitcoin has retreated from recent highs at the start of the new year. The cryptocurrency’s current price is $40,601, down about 13% since January 9 when it saw its high of the year at nearly $47,000. Contact Lucy Brewster at [email protected]. Permalink| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): [['u/RIP_Paul_Walkerr', 'Buying CKB in New York', 30, '2024-02-20 00:02', 'https://www.reddit.com/r/NervosNetwork/comments/1av1nbc/buying_ckb_in_new_york/', 'Has anyone done this recently? A couple years ago I bought a bunch, but I remember it was a somewhat a hassle. How are new yorkers currently buying? Can you still transfer BTC/ETC from Coinbase to Kucoin and exchange?\n\n​\n\n​', 'https://www.reddit.com/r/NervosNetwork/comments/1av1nbc/buying_ckb_in_new_york/', '1av1nbc', [['u/tonik24', 10, '2024-02-20 03:27', 'https://www.reddit.com/r/NervosNetwork/comments/1av1nbc/buying_ckb_in_new_york/kr8h229/', 'Rumor has it that CKB will list on Kraken this Thursday…', '1av1nbc']]], ['u/Far_Breakfast_5808', '[SERIOUS] Have BTC proponents or supporters, especially the ones who believe that BTC will be the currency of the world or their country if society collapses, seriously considered how that will work if society collapses?', 36, '2024-02-20 01:19', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/', "BTC and crypto in general require internet and electricity. If society were to collapse, both would be in very short supply. They'll exist, but probably not in the amount needed to process transactions, and this is assuming the scenario where *more* people use BTC then than are using them now. Batteries don't last forever and that juice still requires supply.\n\nIn addition, if society collapses, I have my doubts that people will even have things like wallets, crypto, or computers on their mind. In instances like this, it's always the most basic needs like food, shelter, clothing, water, and so on. Just imagine how impractical it is to do a BTC transaction during a period of collapse, rather than something far more practical like cash. And even if governments weren't around to give their hated fiat value, humans work in such a way that they'd agree to give values to cash anyway. That's how fiat first evolved in the first place. And if it's not cash, anything from IOU slips to even barter would work.\n\nHave these people who claim that BTC will be the currency of the dystopian future even thought for a sec the practicality of their scenario?", 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/', '1av3jdv', [['u/Chad_Broski_2', 39, '2024-02-20 01:23', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr7xr6h/', 'It\'s a very "fuck you, got mine" ideology that leads to shit like this. Butters think they\'ll survive the initial social upheaval and join up with a society that will rise out of the ashes, and that this society will HAVE to use their magic beans because...reasons. They also think it\'s a lot easier to protect their keys rather than trying to hold onto other assets, which may be partially correct, but in this wild fictional scenario I still feel like gold would be a far better choice', '1av3jdv'], ['u/jfrglrck', 51, '2024-02-20 01:29', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr7yoff/', 'None of it makes any sense whatsoever. \n\nIn the meantime I’d rather collect tulip bulbs. At least when society collapses I’d get flowers every spring.', '1av3jdv'], ['u/sciolycaptain', 17, '2024-02-20 01:31', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr7z2g1/', 'In that post collapse society, what will be valued will be useful knowledge, skills, and tangible assists like food and tools. Not cryptowallets.', '1av3jdv'], ['u/Val_Fortecazzo', 16, '2024-02-20 01:34', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr7zfwk/', 'Nope, too busy fantasizing about what they would do as the gods of the new world order.', '1av3jdv'], ['u/VintageLunchMeat', 13, '2024-02-20 01:54', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr82ntw/', "> In instances like this, it's always the most basic needs like food, shelter, clothing, water, and so on. \n\nCrypto enthusiasts, like traditional conservatives, reject the idea that the government should provide government services to the wrong people, excluding those involving firearms. That the state is illegitimate if it should tax them so that a poor black kid has school lunches.\n\nBut do not have a historical example of such a society to point at. Or a sketched out modern model.\n\nSetting aside feudalism. \n\n---\n\nIt goes back to the post Civil War southern white backlash, which was broadly successful, maybe.\n\nhttps://www.thenation.com/article/archive/exclusive-lee-atwaters-infamous-1981-interview-southern-strategy/\n\n---\n\nCryptocurrency, is partly a religious movement with end-times mythos.\n\n---\n\nWilhoit: Conservatism consists of exactly one proposition, to wit: There must be in-groups whom the law protects but does not bind, alongside out-groups whom the law binds but does not protect.\n\nIn light of this, cryptoids think they'll be among the saved and not those who get it in the neck when the apocalypse hits.", '1av3jdv'], ['u/toshex', 12, '2024-02-20 02:08', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr84rxt/', 'No zombie apocalypse movie has BTC in it. Simple as that.', '1av3jdv'], ['u/ugh_this_sucks__', 38, '2024-02-20 02:08', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr84wcv/', 'They have not. In their minds the USD collapses but for some reason everyone jumps on BTC because reasons. But whenever you ask why a government wouldn’t just make its own crypto, they just squeal at you.\n\nAlso, in their minds collapse just means “currency collapses.” They imagine that infrastructure and restaurants and Lambo dealerships will all still be perfectly operational but they’ll be suddenly hyper wealthy.', '1av3jdv'], ['u/Far_Breakfast_5808', 13, '2024-02-20 02:29', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr885w1/', "I would but I know I'll get banned if I do.", '1av3jdv'], ['u/DoxxThis1', 30, '2024-02-20 03:27', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8h2ku/', '> Govt. creating their own crypto is nothing but fiat currency on some blockchain.\n\nAn anonymous rando (“Satoshi”) creating their own crypto is nothing but fantasy currency on some blockchain. What’s the point of this crypto?', '1av3jdv'], ['u/Far_Breakfast_5808', 10, '2024-02-20 03:42', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8je80/', '>energy is sparse; communication lines are sporadic\n\nExactly. BTC as we know it today would pretty much not work in an apocalyptic world.', '1av3jdv'], ['u/SeboSlav100', 20, '2024-02-20 04:12', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8nt4x/', "What markets? We sure don't know a single one.", '1av3jdv'], ['u/SeboSlav100', 12, '2024-02-20 04:15', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8o9yd/', 'Ah so the fantasy one, got it. \n\n>There are more than 10 ETF product in USA focused on BTC and you say what markets?\n\nCalling them.product implies they serve purpose and have usage that is not crime.', '1av3jdv'], ['u/ugh_this_sucks__', 12, '2024-02-20 04:18', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8ooay/', 'Ummm I think you’re a little confused about some of the words you’re using :)', '1av3jdv'], ['u/SeboSlav100', 11, '2024-02-20 04:19', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8ow1i/', "I'm still waiting for the 1 trillion dollars market cap or any useful thing it's used for.\n\nBut I'll make a safe bet and say my grandchildren will be dead before that happens.", '1av3jdv'], ['u/foxbones', 10, '2024-02-20 04:27', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8q0o4/', 'Yeah it\'s really sad. I have some Bitcoin, and have had some forever buying and selling occasionally, using occasionally, and genuinely interested in it.\n\nToo many people think that putting $500 from a Stimulus check is going to equal a Lamborghini, a mansion, and being surrounded by hot women in the near future. So many suffer from Powerball fantasies, but they think it is actually going to happen.\n\nDon\'t even get me started about the folks putting their entire Wendy\'s paycheck for 2 months in something called SantaCoin in December. Or posting "white papers" on something called "SafeMoon".\n\nScammers are probably having their roaring 20s between Crypto and MAGA folks.', '1av3jdv'], ['u/ugh_this_sucks__', 17, '2024-02-20 05:09', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8vruv/', "But that's not a reason for a government to choose something.\n\nAlso, what exactly do you imagine would lead to that? Like, what are series of events you think might take place?", '1av3jdv'], ['u/Tallergeese', 14, '2024-02-20 05:16', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8wpr4/', 'Tulip bulbs are actually edible too.', '1av3jdv'], ['u/FlixFlix', 10, '2024-02-20 05:38', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr8zgun/', '> _Have BTC supporters […] seriously considered […]\n\nIn the wise words of dogecoin creator Billy Markus when asked if he considered the environmental impact: “I didn’t consider anything”', '1av3jdv'], ['u/JasperJ', 12, '2024-02-20 09:51', 'https://www.reddit.com/r/Buttcoin/comments/1av3jdv/serious_have_btc_proponents_or_supporters/kr9o0ej/', 'In what way are other coins less decentralized than ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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 the eleven spot bitcoin ETFs that launched in mid-January have garnered historic inflows from a variety of retail and institutional investors, a massive, barely tapped market awaits in the form of wealth managers who have traditionally shunned cryptocurrency.\nThe spot bitcoin ETFs, which launched Jan. 11, have collectively brought in over $3 billion in inflows, including the billions of dollars that have exited theGrayscale Bitcoin Trust (GBTC). Still, they are yet to conquer all markets.\nWider institutional investment, financial advisor adoptions and trading by major brokerages that are not permitting spot bitcoin trading will spur anotherroundof inflows.\n“The real winners in this are going to be the ones that win the wealth space in the U.S.,” Steve Kurz, Galaxy Digital Holdings Ltd.\'s global head of asset management said in an interview with etf.com. “And that hasn’t even begun yet, it’s just starting.”\nWhile financial advisors tend to favor ETFs due to the vehicle\'s low cost, accessibility and liquidity, many are adamant about staying away from cryptocurrency because of its volatility. Major asset managers, most prominently the Vanguard Group,forbidthe funds on their platforms, another potential barrier for opening the ETFs to a broader customer base.\nSpot Bitcoin ETF Race\nInvesco Ltd.’s commodity strategist Kathy Kriskey and Galaxy’s Kurz, in an interview at the ETF Exchange Conference in Miami Beach, Florida last week, said that education is a large part of winning over financial advisors, along with their clients pushing for the ETFs. They discussed with etf.com the barrier to further adoption of theInvesco Galaxy Bitcoin ETF (BTCO),which has been roughly in the middle of the spot bitcoin ETF pack with $315.4 million in assets.\n“There were certain wire houses that said ‘absolutely not, we have no interest’ and then once the products launched, all of a sudden they are considering it, they’re actually amusing calls,” said Kriskey.\nKurz also added that they expect “international pockets” of interest in the funds, along with hedge funds playing a significant role as institutional investors.\n“We’re already seeing the walls start to come down,” explained Kurz. “When you talk to senior management operational teams, operations and ETF teams, there’s increasingly coordination between those groups and a strategy developing… I think it literally is just a matter of time."\nKurz also said he expects hedge funds to ramp up investments in the funds. "They’re waiting for is options to list,” he said. “They’re waiting for liquidity to continue to develop around some of the better functioning products.”\nMatt Hougan, Chief Investment Officer of Bitwise Asset Management, said in a panel at the conference that he expects Vanguard,which has saidoutright it will not trade spot bitcoin ETFs on its platform, to eventually change their mind.\nContact Lucy Brewster [email protected].\nPermalink| © Copyright 2024etf.com.All rights reserved', 'While the eleven spot bitcoin ETFs that launched in mid-January have garnered historic inflows from a variety of retail and institutional investors, a massive, barely tapped market awaits in the form of wealth managers who have traditionally shunned cryptocurrency.\nThe spot bitcoin ETFs, which launched Jan. 11, have collectively brought in over $3 billion in inflows, including the billions of dollars that have exited theGrayscale Bitcoin Trust (GBTC). Still, they are yet to conquer all markets.\nWider institutional investment, financial advisor adoptions and trading by major brokerages that are not permitting spot bitcoin trading will spur anotherroundof inflows.\n“The real winners in this are going to be the ones that win the wealth space in the U.S.,” Steve Kurz, Galaxy Digital Holdings Ltd.\'s global head of asset management said in an interview with etf.com. “And that hasn’t even begun yet, it’s just starting.”\nWhile financial advisors tend to favor ETFs due to the vehicle\'s low cost, accessibility and liquidity, many are adamant about staying away from cryptocurrency because of its volatility. Major asset managers, most prominently the Vanguard Group,forbidthe funds on their platforms, another potential barrier for opening the ETFs to a broader customer base.\nSpot Bitcoin ETF Race\nInvesco Ltd.’s commodity strategist Kathy Kriskey and Galaxy’s Kurz, in an interview at the ETF Exchange Conference in Miami Beach, Florida last week, said that education is a large part of winning over financial advisors, along with their clients pushing for the ETFs. They discussed with etf.com the barrier to further adoption of theInvesco Galaxy Bitcoin ETF (BTCO),which has been roughly in the middle of the spot bitcoin ETF pack with $315.4 million in assets.\n“There were certain wire houses that said ‘absolutely not, we have no interest’ and then once the products launched, all of a sudden they are considering it, they’re actually amusing calls,” said Kriskey.\nKurz also added that they expect “international pockets” of interest in the funds, along with hedge funds playing a significant role as institutional investors.\n“We’re already seeing the walls start to come down,” explained Kurz. “When you talk to senior management operational teams, operations and ETF teams, there’s increasingly coordination between those groups and a strategy developing… I think it literally is just a matter of time."\nKurz also said he expects hedge funds to ramp up investments in the funds. "They’re waiting for is options to list,” he said. “They’re waiting for liquidity to continue to develop around some of the better functioning products.”\nMatt Hougan, Chief Investment Officer of Bitwise Asset Management, said in a panel at the conference that he expects Vanguard,which has saidoutright it will not trade spot bitcoin ETFs on its platform, to eventually change their mind.\nContact Lucy Brewster [email protected].\nPermalink| © Copyright 2024etf.com.All rights reserved', 'Bitcoin {{BTC}} exchange-traded funds posted the most trading since their debut in the U.S. last month.\nVolume amounted to nearly $2 billion, the highest total since the first day of trading on Jan. 11, Bloomberg Intelligence senior ETF analyst Eric Balchunas noted on X.\nVanEck\'s HODL ETF posted just under $400 million in volume, WisdomTree Bitcoin Fund (BTCW) saw $221.9 million in trades and BitWise\'s had $178.29 million.\nBalchunas posted that VanEck\'s HODL "is going wild today with $258 million in volume already, a 14x jump over its daily average."\n"And it\'s not one big investor (which would make sense) but rather 32,000 individual trades, which is 60x its average," he continued.\nIt has been suggested that the reason for the spike could be that U.S. markets were closed on Monday for Presidents\' Day, and trades over the weekend were settled on the first day of the workweek.\nAs for the price of bitcoin itself, it\'s changing hands just above $52,200,according to CoinDesk Indicies data, as the U.S. ends its trading day.\n“The strong Bitcoin ETF inflow by institutional investors indicates risk-on sentiment. Meanwhile, Gold ETFs have seen a net outflow. The outflow of gold ETFs might be due to global investors’ rising demand for US equity," Greta Yuan, head of research at VDX, a regulated Hong Kong exchange, wrote in an email interview.\nGold ETFs have experienced significant outflows since the launch of 10 spot bitcoin ETFs on Jan. 11, with nearly $10 billion in inflows into the two largest bitcoin ETFs, although this does not necessarily imply a direct migration of funds from gold to bitcoin,CoinDesk previously reported.\n"While U.S. equity keeps going higher, led by AI stocks, we will likely see BTC, ETH keep reaching higher ahead of bitcoin halving,” she continued.', 'Bitcoin {{BTC}} exchange-traded funds posted the most trading since their debut in the U.S. last month.\nVolume amounted to nearly $2 billion, the highest total since the first day of trading on Jan. 11, Bloomberg Intelligence senior ETF analyst Eric Balchunas noted on X.\nVanEck\'s HODL ETF posted just under $400 million in volume, WisdomTree Bitcoin Fund (BTCW) saw $221.9 million in trades and BitWise\'s had $178.29 million.\nBalchunas posted that VanEck\'s HODL "is going wild today with $258 million in volume already, a 14x jump over its daily average."\n"And it\'s not one big investor (which would make sense) but rather 32,000 individual trades, which is 60x its average," he continued.\nIt has been suggested that the reason for the spike could be that U.S. markets were closed on Monday for Presidents\' Day, and trades over the weekend were settled on the first day of the workweek.\nAs for the price of bitcoin itself, it\'s changing hands just above $52,200,according to CoinDesk Indicies data, as the U.S. ends its trading day.\n“The strong Bitcoin ETF inflow by institutional investors indicates risk-on sentiment. Meanwhile, Gold ETFs have seen a net outflow. The outflow of gold ETFs might be due to global investors’ rising demand for US equity," Greta Yuan, head of research at VDX, a regulated Hong Kong exchange, wrote in an email interview.\nGold ETFs have experienced significant outflows since the launch of 10 spot bitcoin ETFs on Jan. 11, with nearly $10 billion in inflows into the two largest bitcoin ETFs, although this does not necessarily imply a direct migration of funds from gold to bitcoin,CoinDesk previously reported.\n"While U.S. equity keeps going higher, led by AI stocks, we will likely see BTC, ETH keep reaching higher ahead of bitcoin halving,” she continued.', 'By Tom Wilson\nLONDON, Feb 21 (Reuters) - Major U.S. crypto firm Circle will end support for its USDC token on the Tron blockchain network, a decision the company said on Wednesday "aligned with its efforts to ensure that USDC remained trusted, transparent and safe".\nBoston-based Circle said in a blog that, effective immediately, it would no longer mint USDC tokens on Tr **Last 60 Days of Bitcoin's Closing Prices:** [43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-21 **Financial & Commodity Data:** - Gold Closing Price: $2022.30 - Crude Oil Closing Price: $77.91 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,013,370,243,338 - Hash Rate: 560636963.180819 - Transaction Count: 369949.0 - Unique Addresses: 630339.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.78 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Over the years of investing, I have seen stocks delivering 10x, 20x and even 50x returns. Of course, it does not come overnight. It’s about buying a good idea at the right time and sitting tight. Even if investors make 2x or 3x in a story, there is a big temptation to book profits. However, well-researched ideas with high conviction can be massive wealth creators. The focus of this column is on potential multibaggergrowth stocksto buy. While I have talked about sitting tight for the long term, the risk with growth stocks is high. I would look closely at the business developments to reaffirm my conviction. I am not talking about industry headwinds. Millionaire-maker stocks are those that navigate economic and industry downturns and emerge stronger. Let’s talk about the factors that make these growth stocks interesting to hold until 2030. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: rafapress / Shutterstock.com WhenBitcoin(BTC-USD) surged in Q1 2021,Riot Platforms(NASDAQ:RIOT) stock touched highs of $75. While RIOT stock has skyrocketed by over 250% in the last 12 months, the stock trades at roughly $15 per share. I am bullish on Bitcoin making new highs this year and RIOT stock is likely to remain in an uptrend. Crypto experts are betting on Bitcointouching $100,000 by the end of 2024. If this scenario holds true, I expect at least 3x returns from RIOT stock. Riot Platforms has undertaken an aggressive hash rate capacity expansion plan that complements industry tailwinds. To put things into perspective, Riot ended 2023 with a Bitcoin mining capacity of 12.4EH/s. The company expects to boost capacity to 28.8EH/s by the end of the year andfurther to 38.1EH/s by 2025. This would translate into robust revenue and cash flow upside with the Bitcoin rally. With a zero-debt balance sheet and a cash buffer (including digital assets) of $599 million, there are no growth financing concerns. Source: Chesky / Shutterstock.com EHang Holdings(NASDAQ:EH) is among the hottestflying car stocksto buy for multibagger returns. After a strong rally in the first half of 2023, EH stock has remained sideways. This seems like a good accumulation opportunity as EHang prepares for solid growth in the next few years. In a major development, the company’s pilotless passenger-carrying aerial vehiclesuccessfully completed its debut commercial flight demonstrationsin Guangzhou and Hefei. With approval from the Civil Aviation Administration of China, the company is positioned for expansion within China. Further, the company has already conducted39,000 demo and trial flights in 14 countries. This includes countries in Asia and Europe. In the next few years, EHang will likely get approval from different countries which can translate into stellar growth. I also don’t see financing concerns. In Q3 2023, the companyraised $23 million from PIPE investmentfrom strategic investors. The consolidation in EH stock is a good opportunity to accumulate. Source: Nesterenko Maxym / Shutterstock.com Leonardo DRS(NASDAQ:DRS) is another stock that represents a company with exciting growth prospects. DRS stock has trended higher by 51% in the last 12 months. However, at a forward price-earnings ratio of 17, this emerging defense player looks attractive. As an overview, Leonardo is focused on providing defense electronic products and systems. This includes advanced sensing, network computing, force protection, electric power, and propulsion. The first point to note is that Leonardo reported anorder backlog of $4.7 billionfor Q3 2023. On a year-on-year basis, the backlog has increased by 50%. With higher defense spending, I expect backlog growth to be sustained. This will translate into revenue growth acceleration and cash flow upside. It’s worth noting that Leonardo has an available credit facility of $500 million. Further, the leverage is low at 1.4x. This is important to mention as the company has included potential acquisitions as one of the growth strategies. At the same time, Leonardo is investing in innovation. In November 2023, the company received an order for continued production of itsnext-generation thermal weapon sightsfor the U.S. Army. Innovation-driven organic growth will create value in the long term. On the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. Faisal Humayun is a senior research analyst with 12 years of industry experience in the field of credit research, equity research and financial modeling. Faisal has authored over 1,500 stock specific articles with focus on the technology, energy and commodities sector. • The #1 AI Investment Might Be This Company You’ve Never Heard Of • Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In. • The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post3 Quality Growth Stocks to Buy Under $20 for Multibagger Returnsappeared 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.
51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85
You are an expert financial analyst. Your primary task is to 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 the eleven spot bitcoin ETFs that launched in mid-January have garnered historic inflows from a variety of retail and institutional investors, a massive, barely tapped market awaits in the form of wealth managers who have traditionally shunned cryptocurrency.\nThe spot bitcoin ETFs, which launched Jan. 11, have collectively brought in over $3 billion in inflows, including the billions of dollars that have exited theGrayscale Bitcoin Trust (GBTC). Still, they are yet to conquer all markets.\nWider institutional investment, financial advisor adoptions and trading by major brokerages that are not permitting spot bitcoin trading will spur anotherroundof inflows.\n“The real winners in this are going to be the ones that win the wealth space in the U.S.,” Steve Kurz, Galaxy Digital Holdings Ltd.\'s global head of asset management said in an interview with etf.com. “And that hasn’t even begun yet, it’s just starting.”\nWhile financial advisors tend to favor ETFs due to the vehicle\'s low cost, accessibility and liquidity, many are adamant about staying away from cryptocurrency because of its volatility. Major asset managers, most prominently the Vanguard Group,forbidthe funds on their platforms, another potential barrier for opening the ETFs to a broader customer base.\nSpot Bitcoin ETF Race\nInvesco Ltd.’s commodity strategist Kathy Kriskey and Galaxy’s Kurz, in an interview at the ETF Exchange Conference in Miami Beach, Florida last week, said that education is a large part of winning over financial advisors, along with their clients pushing for the ETFs. They discussed with etf.com the barrier to further adoption of theInvesco Galaxy Bitcoin ETF (BTCO),which has been roughly in the middle of the spot bitcoin ETF pack with $315.4 million in assets.\n“There were certain wire houses that said ‘absolutely not, we have no interest’ and then once the products launched, all of a sudden they are considering it, they’re actually amusing calls,” said Kriskey.\nKurz also added that they expect “international pockets” of interest in the funds, along with hedge funds playing a significant role as institutional investors.\n“We’re already seeing the walls start to come down,” explained Kurz. “When you talk to senior management operational teams, operations and ETF teams, there’s increasingly coordination between those groups and a strategy developing… I think it literally is just a matter of time."\nKurz also said he expects hedge funds to ramp up investments in the funds. "They’re waiting for is options to list,” he said. “They’re waiting for liquidity to continue to develop around some of the better functioning products.”\nMatt Hougan, Chief Investment Officer of Bitwise Asset Management, said in a panel at the conference that he expects Vanguard,which has saidoutright it will not trade spot bitcoin ETFs on its platform, to eventually change their mind.\nContact Lucy Brewster [email protected].\nPermalink| © Copyright 2024etf.com.All rights reserved', 'While the eleven spot bitcoin ETFs that launched in mid-January have garnered historic inflows from a variety of retail and institutional investors, a massive, barely tapped market awaits in the form of wealth managers who have traditionally shunned cryptocurrency.\nThe spot bitcoin ETFs, which launched Jan. 11, have collectively brought in over $3 billion in inflows, including the billions of dollars that have exited theGrayscale Bitcoin Trust (GBTC). Still, they are yet to conquer all markets.\nWider institutional investment, financial advisor adoptions and trading by major brokerages that are not permitting spot bitcoin trading will spur anotherroundof inflows.\n“The real winners in this are going to be the ones that win the wealth space in the U.S.,” Steve Kurz, Galaxy Digital Holdings Ltd.\'s global head of asset management said in an interview with etf.com. “And that hasn’t even begun yet, it’s just starting.”\nWhile financial advisors tend to favor ETFs due to the vehicle\'s low cost, accessibility and liquidity, many are adamant about staying away from cryptocurrency because of its volatility. Major asset managers, most prominently the Vanguard Group,forbidthe funds on their platforms, another potential barrier for opening the ETFs to a broader customer base.\nSpot Bitcoin ETF Race\nInvesco Ltd.’s commodity strategist Kathy Kriskey and Galaxy’s Kurz, in an interview at the ETF Exchange Conference in Miami Beach, Florida last week, said that education is a large part of winning over financial advisors, along with their clients pushing for the ETFs. They discussed with etf.com the barrier to further adoption of theInvesco Galaxy Bitcoin ETF (BTCO),which has been roughly in the middle of the spot bitcoin ETF pack with $315.4 million in assets.\n“There were certain wire houses that said ‘absolutely not, we have no interest’ and then once the products launched, all of a sudden they are considering it, they’re actually amusing calls,” said Kriskey.\nKurz also added that they expect “international pockets” of interest in the funds, along with hedge funds playing a significant role as institutional investors.\n“We’re already seeing the walls start to come down,” explained Kurz. “When you talk to senior management operational teams, operations and ETF teams, there’s increasingly coordination between those groups and a strategy developing… I think it literally is just a matter of time."\nKurz also said he expects hedge funds to ramp up investments in the funds. "They’re waiting for is options to list,” he said. “They’re waiting for liquidity to continue to develop around some of the better functioning products.”\nMatt Hougan, Chief Investment Officer of Bitwise Asset Management, said in a panel at the conference that he expects Vanguard,which has saidoutright it will not trade spot bitcoin ETFs on its platform, to eventually change their mind.\nContact Lucy Brewster [email protected].\nPermalink| © Copyright 2024etf.com.All rights reserved', 'Bitcoin {{BTC}} exchange-traded funds posted the most trading since their debut in the U.S. last month.\nVolume amounted to nearly $2 billion, the highest total since the first day of trading on Jan. 11, Bloomberg Intelligence senior ETF analyst Eric Balchunas noted on X.\nVanEck\'s HODL ETF posted just under $400 million in volume, WisdomTree Bitcoin Fund (BTCW) saw $221.9 million in trades and BitWise\'s had $178.29 million.\nBalchunas posted that VanEck\'s HODL "is going wild today with $258 million in volume already, a 14x jump over its daily average."\n"And it\'s not one big investor (which would make sense) but rather 32,000 individual trades, which is 60x its average," he continued.\nIt has been suggested that the reason for the spike could be that U.S. markets were closed on Monday for Presidents\' Day, and trades over the weekend were settled on the first day of the workweek.\nAs for the price of bitcoin itself, it\'s changing hands just above $52,200,according to CoinDesk Indicies data, as the U.S. ends its trading day.\n“The strong Bitcoin ETF inflow by institutional investors indicates risk-on sentiment. Meanwhile, Gold ETFs have seen a net outflow. The outflow of gold ETFs might be due to global investors’ rising demand for US equity," Greta Yuan, head of research at VDX, a regulated Hong Kong exchange, wrote in an email interview.\nGold ETFs have experienced significant outflows since the launch of 10 spot bitcoin ETFs on Jan. 11, with nearly $10 billion in inflows into the two largest bitcoin ETFs, although this does not necessarily imply a direct migration of funds from gold to bitcoin,CoinDesk previously reported.\n"While U.S. equity keeps going higher, led by AI stocks, we will likely see BTC, ETH keep reaching higher ahead of bitcoin halving,” she continued.', 'Bitcoin {{BTC}} exchange-traded funds posted the most trading since their debut in the U.S. last month.\nVolume amounted to nearly $2 billion, the highest total since the first day of trading on Jan. 11, Bloomberg Intelligence senior ETF analyst Eric Balchunas noted on X.\nVanEck\'s HODL ETF posted just under $400 million in volume, WisdomTree Bitcoin Fund (BTCW) saw $221.9 million in trades and BitWise\'s had $178.29 million.\nBalchunas posted that VanEck\'s HODL "is going wild today with $258 million in volume already, a 14x jump over its daily average."\n"And it\'s not one big investor (which would make sense) but rather 32,000 individual trades, which is 60x its average," he continued.\nIt has been suggested that the reason for the spike could be that U.S. markets were closed on Monday for Presidents\' Day, and trades over the weekend were settled on the first day of the workweek.\nAs for the price of bitcoin itself, it\'s changing hands just above $52,200,according to CoinDesk Indicies data, as the U.S. ends its trading day.\n“The strong Bitcoin ETF inflow by institutional investors indicates risk-on sentiment. Meanwhile, Gold ETFs have seen a net outflow. The outflow of gold ETFs might be due to global investors’ rising demand for US equity," Greta Yuan, head of research at VDX, a regulated Hong Kong exchange, wrote in an email interview.\nGold ETFs have experienced significant outflows since the launch of 10 spot bitcoin ETFs on Jan. 11, with nearly $10 billion in inflows into the two largest bitcoin ETFs, although this does not necessarily imply a direct migration of funds from gold to bitcoin,CoinDesk previously reported.\n"While U.S. equity keeps going higher, led by AI stocks, we will likely see BTC, ETH keep reaching higher ahead of bitcoin halving,” she continued.', 'By Tom Wilson\nLONDON, Feb 21 (Reuters) - Major U.S. crypto firm Circle will end support for its USDC token on the Tron blockchain network, a decision the company said on Wednesday "aligned with its efforts to ensure that USDC remained trusted, transparent and safe".\nBoston-based Circle said in a blog that, effective immediately, it would no longer mint USDC tokens on Tr **Last 60 Days of Bitcoin's Closing Prices:** [43739.54, 43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-02-21 **Financial & Commodity Data:** - Gold Closing Price: $2022.30 - Crude Oil Closing Price: $77.91 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,013,370,243,338 - Hash Rate: 560636963.180819 - Transaction Count: 369949.0 - Unique Addresses: 630339.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.78 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Over the years of investing, I have seen stocks delivering 10x, 20x and even 50x returns. Of course, it does not come overnight. It’s about buying a good idea at the right time and sitting tight. Even if investors make 2x or 3x in a story, there is a big temptation to book profits. However, well-researched ideas with high conviction can be massive wealth creators. The focus of this column is on potential multibaggergrowth stocksto buy. While I have talked about sitting tight for the long term, the risk with growth stocks is high. I would look closely at the business developments to reaffirm my conviction. I am not talking about industry headwinds. Millionaire-maker stocks are those that navigate economic and industry downturns and emerge stronger. Let’s talk about the factors that make these growth stocks interesting to hold until 2030. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: rafapress / Shutterstock.com WhenBitcoin(BTC-USD) surged in Q1 2021,Riot Platforms(NASDAQ:RIOT) stock touched highs of $75. While RIOT stock has skyrocketed by over 250% in the last 12 months, the stock trades at roughly $15 per share. I am bullish on Bitcoin making new highs this year and RIOT stock is likely to remain in an uptrend. Crypto experts are betting on Bitcointouching $100,000 by the end of 2024. If this scenario holds true, I expect at least 3x returns from RIOT stock. Riot Platforms has undertaken an aggressive hash rate capacity expansion plan that complements industry tailwinds. To put things into perspective, Riot ended 2023 with a Bitcoin mining capacity of 12.4EH/s. The company expects to boost capacity to 28.8EH/s by the end of the year andfurther to 38.1EH/s by 2025. This would translate into robust revenue and cash flow upside with the Bitcoin rally. With a zero-debt balance sheet and a cash buffer (including digital assets) of $599 million, there are no growth financing concerns. Source: Chesky / Shutterstock.com EHang Holdings(NASDAQ:EH) is among the hottestflying car stocksto buy for multibagger returns. After a strong rally in the first half of 2023, EH stock has remained sideways. This seems like a good accumulation opportunity as EHang prepares for solid growth in the next few years. In a major development, the company’s pilotless passenger-carrying aerial vehiclesuccessfully completed its debut commercial flight demonstrationsin Guangzhou and Hefei. With approval from the Civil Aviation Administration of China, the company is positioned for expansion within China. Further, the company has already conducted39,000 demo and trial flights in 14 countries. This includes countries in Asia and Europe. In the next few years, EHang will likely get approval from different countries which can translate into stellar growth. I also don’t see financing concerns. In Q3 2023, the companyraised $23 million from PIPE investmentfrom strategic investors. The consolidation in EH stock is a good opportunity to accumulate. Source: Nesterenko Maxym / Shutterstock.com Leonardo DRS(NASDAQ:DRS) is another stock that represents a company with exciting growth prospects. DRS stock has trended higher by 51% in the last 12 months. However, at a forward price-earnings ratio of 17, this emerging defense player looks attractive. As an overview, Leonardo is focused on providing defense electronic products and systems. This includes advanced sensing, network computing, force protection, electric power, and propulsion. The first point to note is that Leonardo reported anorder backlog of $4.7 billionfor Q3 2023. On a year-on-year basis, the backlog has increased by 50%. With higher defense spending, I expect backlog growth to be sustained. This will translate into revenue growth acceleration and cash flow upside. It’s worth noting that Leonardo has an available credit facility of $500 million. Further, the leverage is low at 1.4x. This is important to mention as the company has included potential acquisitions as one of the growth strategies. At the same time, Leonardo is investing in innovation. In November 2023, the company received an order for continued production of itsnext-generation thermal weapon sightsfor the U.S. Army. Innovation-driven organic growth will create value in the long term. On the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. Faisal Humayun is a senior research analyst with 12 years of industry experience in the field of credit research, equity research and financial modeling. Faisal has authored over 1,500 stock specific articles with focus on the technology, energy and commodities sector. • The #1 AI Investment Might Be This Company You’ve Never Heard Of • Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In. • The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post3 Quality Growth Stocks to Buy Under $20 for Multibagger Returnsappeared first onInvestorPlace.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Top 10 Creations (All ETFs)\n[{"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "627.42", "AUM ($, mm)": "434,899.55", "AUM % Change": "0.14%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "335.04", "AUM ($, mm)": "406,556.44", "AUM % Change": "0.08%"}, {"Ticker": "SHY", "Name": "iShares 1-3 Year Treasury Bond ETF", "Net Flows ($, mm)": "220.32", "AUM ($, mm)": "25,483.24", "AUM % Change": "0.86%"}, {"Ticker": "VEA", "Name": "Vanguard FTSE Developed Markets ETF", "Net Flows ($, mm)": "216.67", "AUM ($, mm)": "124,496.53", "AUM % Change": "0.17%"}, {"Ticker": "FBTC", "Name": "Fidelity Wise Origin Bitcoin Fund", "Net Flows ($, mm)": "216.44", "AUM ($, mm)": "4,350.42", "AUM % Change": "4.98%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "191.37", "AUM ($, mm)": "6,204.24", "AUM % Change": "3.08%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "168.95", "AUM ($, mm)": "17,233.34", "AUM % Change": "0.98%"}, {"Ticker": "VCIT", "Name": "Vanguard Intermediate-Term Corporate Bond ETF", "Net Flows ($, mm)": "159.16", "AUM ($, mm)": "45,696.39", "AUM % Change": "0.35%"}, {"Ticker": "VT", "Name": "Vanguard Total World Stock ETF", "Net Flows ($, mm)": "148.24", "AUM ($, mm)": "34,037.48", "AUM % Change": "0.44%"}, {"Ticker": "VXUS", "Name": "Vanguard Total International Stock ETF", "Net Flows ($, mm)": "140.60", "AUM ($, mm)": "65,065.47", "AUM % Change": "0.22%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "-2,260.55", "AUM ($, mm)": "247,024.32", "AUM % Change": "-0.92%"}, {"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-1,848.22", "AUM ($, mm)": "488,571.77", "AUM % Change": "-0.38%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "-1,182.03", "AUM ($, mm)": "31,893.24", "AUM % Change": "-3.71%"}, {"Ticker": "FDVV", "Name": "Fidelity High Dividend ETF", "Net Flows ($, mm)": "-485.46", "AUM ($, mm)": "2,249.57", "AUM % Change": "-21.58%"}, {"Ticker": "IWB", "Name": "iShares Russell 1000 ETF", "Net Flows ($, mm)": "-302.66", "AUM ($, mm)": "33,787.51", "AUM % Change": "-0.90%"}, {"Ticker": "XLU", "Name": "Utilities Select Sector SPDR Fund", "Net Flows ($, mm)": "-159.24", "AUM ($, mm)": "12,091.68", "AUM % Change": "-1.32%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-150.44", "AUM ($, mm)": "23,490.33", "AUM % Change": "-0.64%"}, {"Ticker": "SOXL", "Name": "Direxion Daily Semiconductor Bull 3X Shares", "Net Flows ($, mm)": "-128.32", "AUM ($, mm)": "8,587.98", "AUM % Change": "-1.49%"}, {"Ticker": "SPSB", "Name": "SPDR Portfolio Short Term Corporate Bond ETF", "Net Flows ($, mm)": "-118.80", "AUM ($, mm)": "7,246.99", "AUM % Change": "-1.64%"}, {"Ticker": "SHYG", "Name": "iShares 0-5 Year High Yield Corporate Bond ETF", "Net Flows ($, mm)": "-117.94", "AUM ($, mm)": "5,362.27", "AUM % Change": "-2.20%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "4.90", "AUM ($, mm)": "6,917.61", "% of AUM": "0.07%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "10.84", "AUM ($, mm)": "17,141.66", "% of AUM": "0.06%"}, {"": "Commodities", "Net Flows ($, mm)": "-56.22", "AUM ($, mm)": "122,821.17", "% of AUM": "-0.05%"}, {"": "Currency", "Net Flows ($, mm)": "439.06", "AUM ($, mm)": "41,456.42", "% of AUM": "1.06%"}, {"": "International Equity", "Net Flows ($, mm)": "427.19", "AUM ($, mm)": "1,392,221.35", "% of AUM": "0.03%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "482.52", "AUM ($, mm)": "173,998.13", "% of AUM": "0.28%"}, {"": "Inverse", "Net Flows ($, mm)": "-264.97", "AUM ($, mm)": "14,425.27", "% of AUM": "-1.84%"}, {"": "Leveraged", "Net Flows ($, mm)": "24.41", "AUM ($, mm)": "87,369.59", "% of AUM": "0.03%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-3,075.70", "AUM ($, mm)": "5,181,056.63", "% of AUM": "-0.06%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "-530.44", "AUM ($, mm)": "1,355,777.62", "% of AUM": "-0.04%"}, {"": "Total:", "Net Flows ($, mm)": "-2,538.42", "AUM ($, mm)": "8,393,185.45", "% of AUM": "-0.03%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', "It certainly feels like we're in the midst of a crypto correction these days. Among the best asset classes for investment in the early days of the year, many digital coins and tokens have reversed course in recent days by trading lower.\nThat trend continued on Wednesday, with top coinEthereum(CRYPTO: ETH)down by more than 2% in late afternoon trading and high-profile meme coinDogecoin(CRYPTO: DOGE)sliding at a similar rate. Other altcoins were taking harder hits, includingAxie Infinity(CRYPTO: AXS)andOptimism(CRYPTO: OP), which were heading south at a nearly 6% and almost 11% clip, respectively.\nInterestingly, it seems a major factor driving crypto prices skyward recently might be a reason for them sliding now. SpotBitcoinexchange-traded funds (ETFs)continue to surge in popularity, soaring to multiweek highs in trading action on Tuesday. According to crypto news and analytics site TheBlock.com, the volume of such securities that day reached nearly $2.6 billion.\nInvestors likespot Bitcoin ETFsbecause they provide near-direct exposure to Bitcoin without the hassle of having to manage it. This typically involves opening, funding, and maintaining a specialized crypto trading account and handling the often wonky particulars of digital wallet management. With a spot Bitcoin ETF, all an interested investor needs to do is buy shares through a traditional brokerage.\nAs a group, cryptos also tend to wane when there's hot action in other types of securities. Wednesday was all about tech stocks -- remember those? Much of the investment world was focused particularly on the latest quarterly report published after market hours Wednesday by graphics processing unit (GPU) titanNvidia(spoiler alert; the company did gangbusters in its fourth quarter, beating on both the top and bottom lines).\nWith much action in all manner of tech stocks in advance of that earnings release, it's likely that some crypto-holders did a little reallocating by shifting part of their funds from coins/tokens to tech equities.\nNvidia is likely to stay the investment story for the rest of the week, and those spot Bitcoin ETFs sure aren't going anywhere. Considering that, there's more than a small chance this crypto correction could last for a few more days.\nAs usual in market downturns, though, that would open up opportunities for buying on the slump. Personally, I'll be holding on to my (admittedly tiny) Ethereum position, as that coin is almost certain to be the next digital asset getting the spot ETF treatment. Dogecoin is always somewhat of a dodgy investment given its continued lack of utility and its volatility, but utility plays like Optimism could rise along with the coming of spot Ethereum ETFs.\nShould you invest $1,000 in Ethereum right now?\nBefore you buy stock in Ethereum, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002*.\nSee the 10 stocks\n*Stock Advisor returns as of February 20, 2024\nEric Volkmanhas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Nvidia. The Motley Fool has adisclosure policy.\nWhy Cryptocurrencies Like Ethereum and Dogecoin Were Sinking Todaywas originally published by The Motley Fool", 'Bitcoin\'s recent bullish momentum took a hit on February 21, as the leading cryptocurrency struggled to break through resistance and even dipped towards its lows from the previous week. This pullback has analysts divided on the near-term outlook, with some urging caution and others highlighting potential catalysts for volatility in the coming days.\nOne key factor contributing to the uncertainty is the ongoing retesting of support levels. After reaching new 26-month highs of $53,000, Bitcoin encountered significant selling pressure. Even the anticipated boost from potential buyer interest in the newly launched spot exchange-traded funds (ETFs) failed to lift the market sentiment.\nHowever, not everyone is ready to call a bearish turn. Trader Daan Crypto Trades advised against overreacting to the current sentiment, suggesting that it might be premature to assume a definitive downward trend. He emphasized the need for confirmation before making directional bets.\nAnother potential source of volatility identified by QCP Capital is the upcoming earnings report from tech giant Nvidia. High funding rates in the Bitcoin market are currently contributing to the price weakness, and the firm believes that any disappointment in Nvidia\'s earnings could trigger a sell-off across risk assets, including Bitcoin. Daan Crypto Trades echoed this sentiment, predicting a potentially "frothy" week if Nvidia beats expectations and sends its stock price soaring.', 'Bitcoin\'s recent bullish momentum took a hit on February 21, as the leading cryptocurrency struggled to break through resistance and even dipped towards its lows from the previous week. This pullback has analysts divided on the near-term outlook, with some urging caution and others highlighting potential catalyst **Last 60 Days of Bitcoin's Closing Prices:** [43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-22 **Financial & Commodity Data:** - Gold Closing Price: $2019.70 - Crude Oil Closing Price: $78.61 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,015,157,383,200 - Hash Rate: 548449203.1116709 - Transaction Count: 365090.0 - Unique Addresses: 642155.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Nov. 3 marked a special 20th anniversary in the history of ETFs—and arguably, one worth a pause in the financial world. On that day in 2003, Barclay’s Global Investors (now part ofBlackRock Inc.) launched theiShares Select Dividend ETF (DVY). It’s acknowledged as one of the firstdividendETFs, if not the first, and today boasts more than $19 billion in assets. But you’d never know that dividend ETF milestone given the breathless chatter about the shiny new object on the block: the spot bitcoin ETF. Investors have poured billions into the 10 new exchange-traded funds since they began trading Jan. 11, taking the focus for a while off the approximately $8 trillion invested in the thousands of U.S.-traded ETFs. If spot bitcoin ETFs turn heads like a supermodel, then dividend ETFs in 2024 might as well be the frump. For example, the spot bitcoin ETFs racked 10% of DVY’s total tallyin three days. Yet to dismiss these ETFs outright would be a shame, especially in the case of theProShares S&P 500 Dividend Aristocrats ETF (NOBL). "Aristocrats" in this case means companies that have increased dividend payments annually for at least 25 years. Behold: NOBL is up 16% over the last three years. How much more reliable does it get than that? As opposed to, say, bitcoin, which is a currency whose creator remains unknown, has no central bank to back it, or any tangible asset supporting its worth unless you count a lots and lots of faith. “In the ever-shifting world of investments, dividend ETFs have been a beacon of stability and income for many,” saidShawn Carpenter, Chairman and CEO of stock tracking app StockAlarm. “They're navigating through the calm and the storms of the market seas.” Yet all that glitters, even though it’s not gold, still has the power to entrance even the most savvy investor. And it remains to be seen whether spot bitcoin ETFs continue a story line as old as the first Bedouin swapping his prized camel for a sparkly-but-fake gem necklace. Fact: Too many investors get sucked in by the thing everyone’s talking about, even if the talk is cheap. Dividend ETFs hardly fit the mold of Uber’s horrible 2019 IPO, or the rash of special purpose acquisition companies, referred to as SPACs, whose offspring have imploded, including Lordstown Motors and Clover Health. Meanwhile, let’s not forget how tech stocks overshadowed the category, especially in post-pandemic times. “Tech stocks' substantial gains made traditional dividend investment yields appear low in comparison,” saidJune Jia, a quantitative researcher at GF Securities and owner of Canny Trading. “However, this situation is not everlasting,” Jia noted. “It's a consequence of the Federal Reserve's highly accommodative monetary policy. With an expected shift towards tighter policy, tech stock yields will likely diminish, bringing dividend investments back into the spotlight.” Arguably, they’ve deserved to be in the spotlight all along, or at least in a strong supporting role. For one investment—be it a spot crypto ETF or a stalwart fund with decades of history—does not a diversified portfolio make. “Many experts see value-oriented equities as extremely attractive as we head into 2024,” saidNick Elward Sr., SVP, Head of Institutional Product and ETFs at Natixis Investment Managers. “Some say these stocks are very cheap relative to growth equities after growth strongly outperformed in 2023. With this valuation gap, some investors are focused on both the capital appreciation and yield opportunity in dividend and options-income ETFs." None of this is to say that spot crypto ETFs won’t realize the promise many investors see, or want to see. That said, you won’t find everyone jumping on this bitcoin bandwagon, including the investment giant Vanguard. It has no plans to enter the fray—though it’s worth noting that the company’s place and success in the dividend ETF world are well established. The Vanguard Dividend Appreciation ETF (VIG)has close to $74 billion in assets and with an expense ratio of just 0.06%, it’s considered both the largest and one of the strongest players in the field. It’s up 10% year over year and dates to 2006—meaning its 20th anniversary is just two years away. Permalink| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Top 10 Creations (All ETFs)\n[{"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "627.42", "AUM ($, mm)": "434,899.55", "AUM % Change": "0.14%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "335.04", "AUM ($, mm)": "406,556.44", "AUM % Change": "0.08%"}, {"Ticker": "SHY", "Name": "iShares 1-3 Year Treasury Bond ETF", "Net Flows ($, mm)": "220.32", "AUM ($, mm)": "25,483.24", "AUM % Change": "0.86%"}, {"Ticker": "VEA", "Name": "Vanguard FTSE Developed Markets ETF", "Net Flows ($, mm)": "216.67", "AUM ($, mm)": "124,496.53", "AUM % Change": "0.17%"}, {"Ticker": "FBTC", "Name": "Fidelity Wise Origin Bitcoin Fund", "Net Flows ($, mm)": "216.44", "AUM ($, mm)": "4,350.42", "AUM % Change": "4.98%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "191.37", "AUM ($, mm)": "6,204.24", "AUM % Change": "3.08%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "168.95", "AUM ($, mm)": "17,233.34", "AUM % Change": "0.98%"}, {"Ticker": "VCIT", "Name": "Vanguard Intermediate-Term Corporate Bond ETF", "Net Flows ($, mm)": "159.16", "AUM ($, mm)": "45,696.39", "AUM % Change": "0.35%"}, {"Ticker": "VT", "Name": "Vanguard Total World Stock ETF", "Net Flows ($, mm)": "148.24", "AUM ($, mm)": "34,037.48", "AUM % Change": "0.44%"}, {"Ticker": "VXUS", "Name": "Vanguard Total International Stock ETF", "Net Flows ($, mm)": "140.60", "AUM ($, mm)": "65,065.47", "AUM % Change": "0.22%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "-2,260.55", "AUM ($, mm)": "247,024.32", "AUM % Change": "-0.92%"}, {"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-1,848.22", "AUM ($, mm)": "488,571.77", "AUM % Change": "-0.38%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "-1,182.03", "AUM ($, mm)": "31,893.24", "AUM % Change": "-3.71%"}, {"Ticker": "FDVV", "Name": "Fidelity High Dividend ETF", "Net Flows ($, mm)": "-485.46", "AUM ($, mm)": "2,249.57", "AUM % Change": "-21.58%"}, {"Ticker": "IWB", "Name": "iShares Russell 1000 ETF", "Net Flows ($, mm)": "-302.66", "AUM ($, mm)": "33,787.51", "AUM % Change": "-0.90%"}, {"Ticker": "XLU", "Name": "Utilities Select Sector SPDR Fund", "Net Flows ($, mm)": "-159.24", "AUM ($, mm)": "12,091.68", "AUM % Change": "-1.32%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-150.44", "AUM ($, mm)": "23,490.33", "AUM % Change": "-0.64%"}, {"Ticker": "SOXL", "Name": "Direxion Daily Semiconductor Bull 3X Shares", "Net Flows ($, mm)": "-128.32", "AUM ($, mm)": "8,587.98", "AUM % Change": "-1.49%"}, {"Ticker": "SPSB", "Name": "SPDR Portfolio Short Term Corporate Bond ETF", "Net Flows ($, mm)": "-118.80", "AUM ($, mm)": "7,246.99", "AUM % Change": "-1.64%"}, {"Ticker": "SHYG", "Name": "iShares 0-5 Year High Yield Corporate Bond ETF", "Net Flows ($, mm)": "-117.94", "AUM ($, mm)": "5,362.27", "AUM % Change": "-2.20%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "4.90", "AUM ($, mm)": "6,917.61", "% of AUM": "0.07%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "10.84", "AUM ($, mm)": "17,141.66", "% of AUM": "0.06%"}, {"": "Commodities", "Net Flows ($, mm)": "-56.22", "AUM ($, mm)": "122,821.17", "% of AUM": "-0.05%"}, {"": "Currency", "Net Flows ($, mm)": "439.06", "AUM ($, mm)": "41,456.42", "% of AUM": "1.06%"}, {"": "International Equity", "Net Flows ($, mm)": "427.19", "AUM ($, mm)": "1,392,221.35", "% of AUM": "0.03%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "482.52", "AUM ($, mm)": "173,998.13", "% of AUM": "0.28%"}, {"": "Inverse", "Net Flows ($, mm)": "-264.97", "AUM ($, mm)": "14,425.27", "% of AUM": "-1.84%"}, {"": "Leveraged", "Net Flows ($, mm)": "24.41", "AUM ($, mm)": "87,369.59", "% of AUM": "0.03%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-3,075.70", "AUM ($, mm)": "5,181,056.63", "% of AUM": "-0.06%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "-530.44", "AUM ($, mm)": "1,355,777.62", "% of AUM": "-0.04%"}, {"": "Total:", "Net Flows ($, mm)": "-2,538.42", "AUM ($, mm)": "8,393,185.45", "% of AUM": "-0.03%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', "It certainly feels like we're in the midst of a crypto correction these days. Among the best asset classes for investment in the early days of the year, many digital coins and tokens have reversed course in recent days by trading lower.\nThat trend continued on Wednesday, with top coinEthereum(CRYPTO: ETH)down by more than 2% in late afternoon trading and high-profile meme coinDogecoin(CRYPTO: DOGE)sliding at a similar rate. Other altcoins were taking harder hits, includingAxie Infinity(CRYPTO: AXS)andOptimism(CRYPTO: OP), which were heading south at a nearly 6% and almost 11% clip, respectively.\nInterestingly, it seems a major factor driving crypto prices skyward recently might be a reason for them sliding now. SpotBitcoinexchange-traded funds (ETFs)continue to surge in popularity, soaring to multiweek highs in trading action on Tuesday. According to crypto news and analytics site TheBlock.com, the volume of such securities that day reached nearly $2.6 billion.\nInvestors likespot Bitcoin ETFsbecause they provide near-direct exposure to Bitcoin without the hassle of having to manage it. This typically involves opening, funding, and maintaining a specialized crypto trading account and handling the often wonky particulars of digital wallet management. With a spot Bitcoin ETF, all an interested investor needs to do is buy shares through a traditional brokerage.\nAs a group, cryptos also tend to wane when there's hot action in other types of securities. Wednesday was all about tech stocks -- remember those? Much of the investment world was focused particularly on the latest quarterly report published after market hours Wednesday by graphics processing unit (GPU) titanNvidia(spoiler alert; the company did gangbusters in its fourth quarter, beating on both the top and bottom lines).\nWith much action in all manner of tech stocks in advance of that earnings release, it's likely that some crypto-holders did a little reallocating by shifting part of their funds from coins/tokens to tech equities.\nNvidia is likely to stay the investment story for the rest of the week, and those spot Bitcoin ETFs sure aren't going anywhere. Considering that, there's more than a small chance this crypto correction could last for a few more days.\nAs usual in market downturns, though, that would open up opportunities for buying on the slump. Personally, I'll be holding on to my (admittedly tiny) Ethereum position, as that coin is almost certain to be the next digital asset getting the spot ETF treatment. Dogecoin is always somewhat of a dodgy investment given its continued lack of utility and its volatility, but utility plays like Optimism could rise along with the coming of spot Ethereum ETFs.\nShould you invest $1,000 in Ethereum right now?\nBefore you buy stock in Ethereum, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002*.\nSee the 10 stocks\n*Stock Advisor returns as of February 20, 2024\nEric Volkmanhas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Nvidia. The Motley Fool has adisclosure policy.\nWhy Cryptocurrencies Like Ethereum and Dogecoin Were Sinking Todaywas originally published by The Motley Fool", 'Bitcoin\'s recent bullish momentum took a hit on February 21, as the leading cryptocurrency struggled to break through resistance and even dipped towards its lows from the previous week. This pullback has analysts divided on the near-term outlook, with some urging caution and others highlighting potential catalysts for volatility in the coming days.\nOne key factor contributing to the uncertainty is the ongoing retesting of support levels. After reaching new 26-month highs of $53,000, Bitcoin encountered significant selling pressure. Even the anticipated boost from potential buyer interest in the newly launched spot exchange-traded funds (ETFs) failed to lift the market sentiment.\nHowever, not everyone is ready to call a bearish turn. Trader Daan Crypto Trades advised against overreacting to the current sentiment, suggesting that it might be premature to assume a definitive downward trend. He emphasized the need for confirmation before making directional bets.\nAnother potential source of volatility identified by QCP Capital is the upcoming earnings report from tech giant Nvidia. High funding rates in the Bitcoin market are currently contributing to the price weakness, and the firm believes that any disappointment in Nvidia\'s earnings could trigger a sell-off across risk assets, including Bitcoin. Daan Crypto Trades echoed this sentiment, predicting a potentially "frothy" week if Nvidia beats expectations and sends its stock price soaring.', 'Bitcoin\'s recent bullish momentum took a hit on February 21, as the leading cryptocurrency struggled to break through resistance and even dipped towards its lows from the previous week. This pullback has analysts divided on the near-term outlook, with some urging caution and others highlighting potential catalyst **Last 60 Days of Bitcoin's Closing Prices:** [43016.12, 43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-02-22 **Financial & Commodity Data:** - Gold Closing Price: $2019.70 - Crude Oil Closing Price: $78.61 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,015,157,383,200 - Hash Rate: 548449203.1116709 - Transaction Count: 365090.0 - Unique Addresses: 642155.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Nov. 3 marked a special 20th anniversary in the history of ETFs—and arguably, one worth a pause in the financial world. On that day in 2003, Barclay’s Global Investors (now part ofBlackRock Inc.) launched theiShares Select Dividend ETF (DVY). It’s acknowledged as one of the firstdividendETFs, if not the first, and today boasts more than $19 billion in assets. But you’d never know that dividend ETF milestone given the breathless chatter about the shiny new object on the block: the spot bitcoin ETF. Investors have poured billions into the 10 new exchange-traded funds since they began trading Jan. 11, taking the focus for a while off the approximately $8 trillion invested in the thousands of U.S.-traded ETFs. If spot bitcoin ETFs turn heads like a supermodel, then dividend ETFs in 2024 might as well be the frump. For example, the spot bitcoin ETFs racked 10% of DVY’s total tallyin three days. Yet to dismiss these ETFs outright would be a shame, especially in the case of theProShares S&P 500 Dividend Aristocrats ETF (NOBL). "Aristocrats" in this case means companies that have increased dividend payments annually for at least 25 years. Behold: NOBL is up 16% over the last three years. How much more reliable does it get than that? As opposed to, say, bitcoin, which is a currency whose creator remains unknown, has no central bank to back it, or any tangible asset supporting its worth unless you count a lots and lots of faith. “In the ever-shifting world of investments, dividend ETFs have been a beacon of stability and income for many,” saidShawn Carpenter, Chairman and CEO of stock tracking app StockAlarm. “They're navigating through the calm and the storms of the market seas.” Yet all that glitters, even though it’s not gold, still has the power to entrance even the most savvy investor. And it remains to be seen whether spot bitcoin ETFs continue a story line as old as the first Bedouin swapping his prized camel for a sparkly-but-fake gem necklace. Fact: Too many investors get sucked in by the thing everyone’s talking about, even if the talk is cheap. Dividend ETFs hardly fit the mold of Uber’s horrible 2019 IPO, or the rash of special purpose acquisition companies, referred to as SPACs, whose offspring have imploded, including Lordstown Motors and Clover Health. Meanwhile, let’s not forget how tech stocks overshadowed the category, especially in post-pandemic times. “Tech stocks' substantial gains made traditional dividend investment yields appear low in comparison,” saidJune Jia, a quantitative researcher at GF Securities and owner of Canny Trading. “However, this situation is not everlasting,” Jia noted. “It's a consequence of the Federal Reserve's highly accommodative monetary policy. With an expected shift towards tighter policy, tech stock yields will likely diminish, bringing dividend investments back into the spotlight.” Arguably, they’ve deserved to be in the spotlight all along, or at least in a strong supporting role. For one investment—be it a spot crypto ETF or a stalwart fund with decades of history—does not a diversified portfolio make. “Many experts see value-oriented equities as extremely attractive as we head into 2024,” saidNick Elward Sr., SVP, Head of Institutional Product and ETFs at Natixis Investment Managers. “Some say these stocks are very cheap relative to growth equities after growth strongly outperformed in 2023. With this valuation gap, some investors are focused on both the capital appreciation and yield opportunity in dividend and options-income ETFs." None of this is to say that spot crypto ETFs won’t realize the promise many investors see, or want to see. That said, you won’t find everyone jumping on this bitcoin bandwagon, including the investment giant Vanguard. It has no plans to enter the fray—though it’s worth noting that the company’s place and success in the dividend ETF world are well established. The Vanguard Dividend Appreciation ETF (VIG)has close to $74 billion in assets and with an expense ratio of just 0.06%, it’s considered both the largest and one of the strongest players in the field. It’s up 10% year over year and dates to 2006—meaning its 20th anniversary is just two years away. Permalink| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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 Ashitha Shivaprasad and Manya Saini\n(Reuters) -A surge of interest in bitcoin exchange-traded funds is prompting some investors to swap out holdings in gold-backed ETFs, although analysts and fund managers said they are unlikely to challenge bullion longer term.\nSpot bitcoin ETFs could offer investors looking to hedge against inflation an alternative to gold. ETFs track an index, commodities, bonds or a basket of assets like an index fund.\nAnd January\'s U.S. regulatory green light for ETFs that track the price of the world\'s largest digital asset has set the ETF market - worth trillions of dollars - up for further gains.\nThe advent of ETFs in gold in the early 2000s added a major pillar of support to the market by creating new demand, causing prices to soar in subsequent years.\n"We anticipate that bitcoin could substitute for gold in some investor portfolios. It may serve a similar role as a hedge against global disorder and financial system dysfunction," said Jason Benowitz, senior portfolio manager at CI Roosevelt.\nSince the Jan. 10 U.S. approval, two of the biggest new spot bitcoin ETFs, iShares Bitcoin Trust and Fidelity Wise Origin Bitcoin Fund, had accumulated $5.45 billion and $4.13 billion in assets respectively as of Feb. 14, LSEG Lipper data shows.\nMeanwhile, the largest gold-backed ETF, New York\'s SPDR Gold Trust, saw outflows of $768.9 million over the same period, while the iShares Gold Trust had outflows of $284.6 million.\nNEW HAVEN?\nThe launch of the new products comes against a rally in the prices of crypto tokens. Bitcoin surged more than 150% in 2023, while gold climbed a far more modest 13%.\n"Overall, the crypto industry is maturing and ... with more regulatory approval and a new legitimized product, it\'s a growing threat to older havens like gold in some regions," Nicky Shiels, head of metals strategy at MKS PAMP SA said in a note.\nEven so, some fund managers and analysts urged caution against migrating from gold ETFs, citing bitcoin\'s volatility.\n"Gold has been valued for thousands of years, while bitcoin is in its infancy," said Bryan Armour, an ETF analyst at Morningstar.\nGold is typically seen as a safe place to park money in times political or economic uncertainty, such as a rapid rise in inflation.\n"Given that gold doesn\'t pay dividends like many stocks, its more useful for wealth preservation than wealth generation," said Susannah Streeter, head of money and markets at Hargreaves Lansdown.\n"Bitcoin speculators have vastly different aims and appear willing to gamble on rapid price rises in a search for hot returns, which are by no means guaranteed," Streeter added.\n(Reporting by Ashitha Shivaprasad and Manya Saini in Bengaluru; Editing by Arpan Varghese, Veronica Brown and Alexander Smith)', 'By Ashitha Shivaprasad and Manya Saini\n(Reuters) -A surge of interest in bitcoin exchange-traded funds is prompting some investors to swap out holdings in gold-backed ETFs, although analysts and fund managers said they are unlikely to challenge bullion longer term.\nSpot bitcoin ETFs could offer investors looking to hedge against inflation an alternative to gold. ETFs track an index, commodities, bonds or a basket of assets like an index fund.\nAnd January\'s U.S. regulatory green light for ETFs that track the price of the world\'s largest digital asset has set the ETF market - worth trillions of dollars - up for further gains.\nThe advent of ETFs in gold in the early 2000s added a major pillar of support to the market by creating new demand, causing prices to soar in subsequent years.\n"We anticipate that bitcoin could substitute for gold in some investor portfolios. It may serve a similar role as a hedge against global disorder and financial system dysfunction," said Jason Benowitz, senior portfolio manager at CI Roosevelt.\nSince the Jan. 10 U.S. approval, two of the biggest new spot bitcoin ETFs, iShares Bitcoin Trust and Fidelity Wise Origin Bitcoin Fund, had accumulated $5.45 billion and $4.13 billion in assets respectively as of Feb. 14, LSEG Lipper data shows.\nMeanwhile, the largest gold-backed ETF, New York\'s SPDR Gold Trust, saw outflows of $768.9 million over the same period, while the iShares Gold Trust had outflows of $284.6 million.\nNEW HAVEN?\nThe launch of the new products comes against a rally in the prices of crypto tokens. Bitcoin surged more than 150% in 2023, while gold climbed a far more modest 13%.\n"Overall, the crypto industry is maturing and ... with more regulatory approval and a new legitimized product, it\'s a growing threat to older havens like gold in some regions," Nicky Shiels, head of metals strategy at MKS PAMP SA said in a note.\nEven so, some fund managers and analysts urged caution against migrating from gold ETFs, citing bitcoin\'s volatility.\n"Gold has been valued for thousands of years, while bitcoin is in its infancy," said Bryan Armour, an ETF analyst at Morningstar.\nGold is typically seen as a safe place to park money in times political or economic uncertainty, such as a rapid rise in inflation.\n"Given that gold doesn\'t pay dividends like many stocks, its more useful for wealth preservation than wealth generation," said Susannah Streeter, head of money and markets at Hargreaves Lansdown.\n"Bitcoin speculators have vastly different aims and appear willing to gamble on rapid price rises in a search for hot returns, which are by no means guaranteed," Streeter added.\n(Reporting by Ashitha Shivaprasad and Manya Saini in Bengaluru; Editing by Arpan Varghese, Veronica Brown and Alexander Smith)', "For the quarter ended December 2023, Block (SQ) reported revenue of $5.77 billion, up 24.1% over the same period last year. EPS came in at $0.45, compared to $0.22 in the year-ago quarter.\nThe reported revenue compares to the Zacks Consensus Estimate of $5.69 billion, representing a surprise of +1.47%. The company delivered an EPS surprise of -22.41%, with the consensus EPS estimate being $0.58.\nWhile investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.\nAs these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.\nHere is how Block performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:\n• Gross Payment Volume (GPV): $57.49 billion versus $58.85 billion estimated by seven analysts on average.\n• Revenue- Subscription and services-based revenue: $1.62 billion versus the nine-analyst average estimate of $1.55 billion. The reported number represents a year-over-year change of +24.3%.\n• Revenue- Transaction-based revenue: $1.60 billion compared to the $1.61 billion average estimate based on nine analysts. The reported number represents a change of +8.2% year over year.\n• Revenue- Bitcoin revenue: $2.52 billion compared to the $2.48 billion average estimate based on nine analysts. The reported number represents a change of +37.5% year over year.\n• Revenue- Hardware revenue: $32.46 million versus $39.47 million estimated by nine analysts on average. Compared to the year-ago quarter, this number represents a -8.9% change.\n• Revenue- Corporate and Other- Total: $49.70 million versus $57.52 million estimated by six analysts on average.\n• Revenue- Square- Total: $1.81 billion versus $1.92 billion estimated by six analysts on average.\n• Revenue- Square- Hardware revenue: $32.46 million compared to the $40.18 million average estimate based on five analysts.\n• Revenue- Square- Subscription and services-based revenue: $293.16 million compared to the $387.33 million average estimate based on five analysts.\n• Revenue- Square- Transaction-based revenue: $1.49 billion versus $1.48 billion estimated by five analysts on average.\n• Revenue- Cash App- Bitcoin revenue: $2.52 billion compared to the $2.45 billion average estimate based on five analysts.\n• Revenue- Cash App- Transaction-based revenue: $108.99 million versus the five-analyst average estimate of $123.72 million.\nView all Key Company Metrics for Block here>>>Shares of Block have returned +3% over the past month versus the Zacks S&P 500 composite's +3.1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.\nWant 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\nBlock, Inc. (SQ) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research", '(Bloomberg) -- Reddit Inc. filed for an initial public offering, revealing the social media platform’s shrinking losses and helping to propel a still-tenuous resurgence in US listings.\nMost Read from Bloomberg\n• A Spike in Heart Disease Deaths Since Covid Is Puzzling Scientists\n• BYD’s New $233,450 EV Supercar to Rival Ferrari, Lamborghini\n• Freddie Mercury’s London Residence Lists at £30 Million\n• Jacob Rothschild, Financier and Philanthropist, Dies at 87\nThe San Francisco-based company, in what is set to be one of the biggest listings of the year, filed Thursday with the US Securities and Exchange Commission to move ahead with an IPO, more than two years after first submitting its plan confidentially.\nReddit won’t disclose proposed terms for the IPO, including its valuation in a listing, until a later filing. The company has been advised to consider a valuation of at least $5 billion in an IPO and could begin marketing the shares as soon as March, Bloomberg News has reported.\nReddit, founded in 2005, averaged 73.1 million daily active unique visitors in the fourth quarter, according to the filing. It became an icon of the so-called meme-stock e **Last 60 Days of Bitcoin's Closing Prices:** [43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-23 **Financial & Commodity Data:** - Gold Closing Price: $2038.60 - Crude Oil Closing Price: $76.49 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,002,571,397,250 - Hash Rate: 645951283.6648567 - Transaction Count: 409204.0 - Unique Addresses: 679759.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.76 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler conceded that the regulator's loss in court over rejecting Grayscale's application for a spot bitcoin exchange-traded fund (ETF) left it little recourse but to approve about a dozen such proposals Wednesday. Gensler called the approvals "the most sustainable path forward" in a statement issued just after the agency issued the decisions eagerly awaited by the crypto industry and investors. For full coverage of bitcoin ETFs, clickhere. "We did not approve or endorse bitcoin," Gensler said. "Investors should remain cautious about the myriad risks associated with bitcoin and products whose value is tied to crypto." In fact, he said that bitcoin "is primarily a speculative, volatile asset that’s also used for illicit activity including ransomware, money laundering, sanction evasion and terrorist financing." And Gensler sought to make it clear that these ETF sign-offs don't pave the way for any further action from the U.S. securities regulator. "It should in no way signal the commission’s willingness to approve listing standards for crypto asset securities," he said. "Nor does the approval signal anything about the commission’s views as to the status of other crypto assets under the federal securities laws or about the current state of non-compliance of certain crypto asset market participants with the federal securities laws." Bitcoin is the only digital asset that Gensler routinely acknowledges is not a security, maintaining that the vast majority of other tokens fit the legal definition of securities that are rightfully under the SEC's jurisdiction. Another of the five SEC commissioners, Caroline Crenshaw, dissented from the approvals. "They put us on a wayward path that could further sacrifice investor protection," she saidin a statement. "I cannot agree that these actions serve either our statutory or foundational investor protection mandates." Commissioner Hester Peirce, a steady supporter of the crypto industry over the years,praised the decisionsas "the end of an unnecessary, but consequential, saga." She said that "the only material change since we last denied a similar application was a judicial rebuke," referring to the SEC's loss against Grayscale in the U.S. Court of Appeals for the District of Columbia.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41
You are an expert financial analyst. Your primary task is to 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 Ashitha Shivaprasad and Manya Saini\n(Reuters) -A surge of interest in bitcoin exchange-traded funds is prompting some investors to swap out holdings in gold-backed ETFs, although analysts and fund managers said they are unlikely to challenge bullion longer term.\nSpot bitcoin ETFs could offer investors looking to hedge against inflation an alternative to gold. ETFs track an index, commodities, bonds or a basket of assets like an index fund.\nAnd January\'s U.S. regulatory green light for ETFs that track the price of the world\'s largest digital asset has set the ETF market - worth trillions of dollars - up for further gains.\nThe advent of ETFs in gold in the early 2000s added a major pillar of support to the market by creating new demand, causing prices to soar in subsequent years.\n"We anticipate that bitcoin could substitute for gold in some investor portfolios. It may serve a similar role as a hedge against global disorder and financial system dysfunction," said Jason Benowitz, senior portfolio manager at CI Roosevelt.\nSince the Jan. 10 U.S. approval, two of the biggest new spot bitcoin ETFs, iShares Bitcoin Trust and Fidelity Wise Origin Bitcoin Fund, had accumulated $5.45 billion and $4.13 billion in assets respectively as of Feb. 14, LSEG Lipper data shows.\nMeanwhile, the largest gold-backed ETF, New York\'s SPDR Gold Trust, saw outflows of $768.9 million over the same period, while the iShares Gold Trust had outflows of $284.6 million.\nNEW HAVEN?\nThe launch of the new products comes against a rally in the prices of crypto tokens. Bitcoin surged more than 150% in 2023, while gold climbed a far more modest 13%.\n"Overall, the crypto industry is maturing and ... with more regulatory approval and a new legitimized product, it\'s a growing threat to older havens like gold in some regions," Nicky Shiels, head of metals strategy at MKS PAMP SA said in a note.\nEven so, some fund managers and analysts urged caution against migrating from gold ETFs, citing bitcoin\'s volatility.\n"Gold has been valued for thousands of years, while bitcoin is in its infancy," said Bryan Armour, an ETF analyst at Morningstar.\nGold is typically seen as a safe place to park money in times political or economic uncertainty, such as a rapid rise in inflation.\n"Given that gold doesn\'t pay dividends like many stocks, its more useful for wealth preservation than wealth generation," said Susannah Streeter, head of money and markets at Hargreaves Lansdown.\n"Bitcoin speculators have vastly different aims and appear willing to gamble on rapid price rises in a search for hot returns, which are by no means guaranteed," Streeter added.\n(Reporting by Ashitha Shivaprasad and Manya Saini in Bengaluru; Editing by Arpan Varghese, Veronica Brown and Alexander Smith)', 'By Ashitha Shivaprasad and Manya Saini\n(Reuters) -A surge of interest in bitcoin exchange-traded funds is prompting some investors to swap out holdings in gold-backed ETFs, although analysts and fund managers said they are unlikely to challenge bullion longer term.\nSpot bitcoin ETFs could offer investors looking to hedge against inflation an alternative to gold. ETFs track an index, commodities, bonds or a basket of assets like an index fund.\nAnd January\'s U.S. regulatory green light for ETFs that track the price of the world\'s largest digital asset has set the ETF market - worth trillions of dollars - up for further gains.\nThe advent of ETFs in gold in the early 2000s added a major pillar of support to the market by creating new demand, causing prices to soar in subsequent years.\n"We anticipate that bitcoin could substitute for gold in some investor portfolios. It may serve a similar role as a hedge against global disorder and financial system dysfunction," said Jason Benowitz, senior portfolio manager at CI Roosevelt.\nSince the Jan. 10 U.S. approval, two of the biggest new spot bitcoin ETFs, iShares Bitcoin Trust and Fidelity Wise Origin Bitcoin Fund, had accumulated $5.45 billion and $4.13 billion in assets respectively as of Feb. 14, LSEG Lipper data shows.\nMeanwhile, the largest gold-backed ETF, New York\'s SPDR Gold Trust, saw outflows of $768.9 million over the same period, while the iShares Gold Trust had outflows of $284.6 million.\nNEW HAVEN?\nThe launch of the new products comes against a rally in the prices of crypto tokens. Bitcoin surged more than 150% in 2023, while gold climbed a far more modest 13%.\n"Overall, the crypto industry is maturing and ... with more regulatory approval and a new legitimized product, it\'s a growing threat to older havens like gold in some regions," Nicky Shiels, head of metals strategy at MKS PAMP SA said in a note.\nEven so, some fund managers and analysts urged caution against migrating from gold ETFs, citing bitcoin\'s volatility.\n"Gold has been valued for thousands of years, while bitcoin is in its infancy," said Bryan Armour, an ETF analyst at Morningstar.\nGold is typically seen as a safe place to park money in times political or economic uncertainty, such as a rapid rise in inflation.\n"Given that gold doesn\'t pay dividends like many stocks, its more useful for wealth preservation than wealth generation," said Susannah Streeter, head of money and markets at Hargreaves Lansdown.\n"Bitcoin speculators have vastly different aims and appear willing to gamble on rapid price rises in a search for hot returns, which are by no means guaranteed," Streeter added.\n(Reporting by Ashitha Shivaprasad and Manya Saini in Bengaluru; Editing by Arpan Varghese, Veronica Brown and Alexander Smith)', "For the quarter ended December 2023, Block (SQ) reported revenue of $5.77 billion, up 24.1% over the same period last year. EPS came in at $0.45, compared to $0.22 in the year-ago quarter.\nThe reported revenue compares to the Zacks Consensus Estimate of $5.69 billion, representing a surprise of +1.47%. The company delivered an EPS surprise of -22.41%, with the consensus EPS estimate being $0.58.\nWhile investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.\nAs these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.\nHere is how Block performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:\n• Gross Payment Volume (GPV): $57.49 billion versus $58.85 billion estimated by seven analysts on average.\n• Revenue- Subscription and services-based revenue: $1.62 billion versus the nine-analyst average estimate of $1.55 billion. The reported number represents a year-over-year change of +24.3%.\n• Revenue- Transaction-based revenue: $1.60 billion compared to the $1.61 billion average estimate based on nine analysts. The reported number represents a change of +8.2% year over year.\n• Revenue- Bitcoin revenue: $2.52 billion compared to the $2.48 billion average estimate based on nine analysts. The reported number represents a change of +37.5% year over year.\n• Revenue- Hardware revenue: $32.46 million versus $39.47 million estimated by nine analysts on average. Compared to the year-ago quarter, this number represents a -8.9% change.\n• Revenue- Corporate and Other- Total: $49.70 million versus $57.52 million estimated by six analysts on average.\n• Revenue- Square- Total: $1.81 billion versus $1.92 billion estimated by six analysts on average.\n• Revenue- Square- Hardware revenue: $32.46 million compared to the $40.18 million average estimate based on five analysts.\n• Revenue- Square- Subscription and services-based revenue: $293.16 million compared to the $387.33 million average estimate based on five analysts.\n• Revenue- Square- Transaction-based revenue: $1.49 billion versus $1.48 billion estimated by five analysts on average.\n• Revenue- Cash App- Bitcoin revenue: $2.52 billion compared to the $2.45 billion average estimate based on five analysts.\n• Revenue- Cash App- Transaction-based revenue: $108.99 million versus the five-analyst average estimate of $123.72 million.\nView all Key Company Metrics for Block here>>>Shares of Block have returned +3% over the past month versus the Zacks S&P 500 composite's +3.1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.\nWant 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\nBlock, Inc. (SQ) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research", '(Bloomberg) -- Reddit Inc. filed for an initial public offering, revealing the social media platform’s shrinking losses and helping to propel a still-tenuous resurgence in US listings.\nMost Read from Bloomberg\n• A Spike in Heart Disease Deaths Since Covid Is Puzzling Scientists\n• BYD’s New $233,450 EV Supercar to Rival Ferrari, Lamborghini\n• Freddie Mercury’s London Residence Lists at £30 Million\n• Jacob Rothschild, Financier and Philanthropist, Dies at 87\nThe San Francisco-based company, in what is set to be one of the biggest listings of the year, filed Thursday with the US Securities and Exchange Commission to move ahead with an IPO, more than two years after first submitting its plan confidentially.\nReddit won’t disclose proposed terms for the IPO, including its valuation in a listing, until a later filing. The company has been advised to consider a valuation of at least $5 billion in an IPO and could begin marketing the shares as soon as March, Bloomberg News has reported.\nReddit, founded in 2005, averaged 73.1 million daily active unique visitors in the fourth quarter, according to the filing. It became an icon of the so-called meme-stock e **Last 60 Days of Bitcoin's Closing Prices:** [43613.14, 42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-02-23 **Financial & Commodity Data:** - Gold Closing Price: $2038.60 - Crude Oil Closing Price: $76.49 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,002,571,397,250 - Hash Rate: 645951283.6648567 - Transaction Count: 409204.0 - Unique Addresses: 679759.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.76 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler conceded that the regulator's loss in court over rejecting Grayscale's application for a spot bitcoin exchange-traded fund (ETF) left it little recourse but to approve about a dozen such proposals Wednesday. Gensler called the approvals "the most sustainable path forward" in a statement issued just after the agency issued the decisions eagerly awaited by the crypto industry and investors. For full coverage of bitcoin ETFs, clickhere. "We did not approve or endorse bitcoin," Gensler said. "Investors should remain cautious about the myriad risks associated with bitcoin and products whose value is tied to crypto." In fact, he said that bitcoin "is primarily a speculative, volatile asset that’s also used for illicit activity including ransomware, money laundering, sanction evasion and terrorist financing." And Gensler sought to make it clear that these ETF sign-offs don't pave the way for any further action from the U.S. securities regulator. "It should in no way signal the commission’s willingness to approve listing standards for crypto asset securities," he said. "Nor does the approval signal anything about the commission’s views as to the status of other crypto assets under the federal securities laws or about the current state of non-compliance of certain crypto asset market participants with the federal securities laws." Bitcoin is the only digital asset that Gensler routinely acknowledges is not a security, maintaining that the vast majority of other tokens fit the legal definition of securities that are rightfully under the SEC's jurisdiction. Another of the five SEC commissioners, Caroline Crenshaw, dissented from the approvals. "They put us on a wayward path that could further sacrifice investor protection," she saidin a statement. "I cannot agree that these actions serve either our statutory or foundational investor protection mandates." Commissioner Hester Peirce, a steady supporter of the crypto industry over the years,praised the decisionsas "the end of an unnecessary, but consequential, saga." She said that "the only material change since we last denied a similar application was a judicial rebuke," referring to the SEC's loss against Grayscale in the U.S. Court of Appeals for the District of Columbia.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Top 10 Creations (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "2,809.13", "AUM ($, mm)": "491,911.32", "AUM % Change": "0.57%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "1,829.94", "AUM ($, mm)": "244,722.88", "AUM % Change": "0.75%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Net Flows ($, mm)": "1,760.30", "AUM ($, mm)": "61,907.02", "AUM % Change": "2.84%"}, {"Ticker": "VGIT", "Name": "Vanguard Intermediate-Term Treasury Index ETF", "Net Flows ($, mm)": "501.54", "AUM ($, mm)": "23,450.78", "AUM % Change": "2.14%"}, {"Ticker": "SOXL", "Name": "Direxion Daily Semiconductor Bull 3X Shares", "Net Flows ($, mm)": "404.77", "AUM ($, mm)": "8,594.09", "AUM % Change": "4.71%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "353.46", "AUM ($, mm)": "17,327.19", "AUM % Change": "2.04%"}, {"Ticker": "BBEU", "Name": "JPMorgan BetaBuilders Europe ETF", "Net Flows ($, mm)": "342.24", "AUM ($, mm)": "6,993.08", "AUM % Change": "4.89%"}, {"Ticker": "SMH", "Name": "VanEck Semiconductor ETF", "Net Flows ($, mm)": "324.21", "AUM ($, mm)": "14,961.05", "AUM % Change": "2.17%"}, {"Ticker": "XLK", "Name": "Technology Select Sector SPDR Fund", "Net Flows ($, mm)": "298.71", "AUM ($, mm)": "61,715.24", "AUM % Change": "0.48%"}, {"Ticker": "VCLT", "Name": "Vanguard Long-Term Corporate Bond ETF", "Net Flows ($, mm)": "260.41", "AUM ($, mm)": "6,407.08", "AUM % Change": "4.06%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "-429.82", "AUM ($, mm)": "31,839.18", "AUM % Change": "-1.35%"}, {"Ticker": "JNK", "Name": "SPDR Bloomberg High Yield Bond ETF", "Net Flows ($, mm)": "-226.02", "AUM ($, mm)": "9,462.36", "AUM % Change": "-2.39%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-199.33", "AUM ($, mm)": "22,760.92", "AUM % Change": "-0.88%"}, {"Ticker": "XLY", "Name": "Consumer Discretionary Select Sector SPDR Fund", "Net Flows ($, mm)": "-196.51", "AUM ($, mm)": "19,856.91", "AUM % Change": "-0.99%"}, {"Ticker": "IEF", "Name": "iShares 7-10 Year Treasury Bond ETF", "Net Flows ($, mm)": "-177.76", "AUM ($, mm)": "27,570.84", "AUM % Change": "-0.64%"}, {"Ticker": "NZAC", "Name": "SPDR MSCI ACWI Climate Paris Aligned ETF", "Net Flows ($, mm)": "-158.89", "AUM ($, mm)": "107.01", "AUM % Change": "-148.48%"}, {"Ticker": "SCHO", "Name": "Schwab Short-Term U.S. Treasury ETF", "Net Flows ($, mm)": "-137.31", "AUM ($, mm)": "11,601.74", "AUM % Change": "-1.18%"}, {"Ticker": "VSS", "Name": "Vanguard FTSE All-World ex-US Small-Cap ETF", "Net Flows ($, mm)": "-135.16", "AUM ($, mm)": "8,335.33", "AUM % Change": "-1.62%"}, {"Ticker": "GLD", "Name": "SPDR Gold Trust", "Net Flows ($, mm)": "-131.40", "AUM ($, mm)": "53,929.08", "AUM % Change": "-0.24%"}, {"Ticker": "SOXS", "Name": "Direxion Daily Semiconductor Bear 3X Shares", "Net Flows ($, mm)": "-126.37", "AUM ($, mm)": "815.71", "AUM % Change": "-15.49%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "-4.39", "AUM ($, mm)": "6,934.30", "% of AUM": "-0.06%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "-1.57", "AUM ($, mm)": "17,096.90", "% of AUM": "-0.01%"}, {"": "Commodities", "Net Flows ($, mm)": "-227.00", "AUM ($, mm)": "123,466.46", "% of AUM": "-0.18%"}, {"": "Currency", "Net Flows ($, mm)": "-33.06", "AUM ($, mm)": "41,055.61", "% of AUM": "-0.08%"}, {"": "International Equity", "Net Flows ($, mm)": "719.29", "AUM ($, mm)": "1,395,519.12", "% of AUM": "0.05%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "28.43", "AUM ($, mm)": "173,960.18", "% of AUM": "0.02%"}, {"": "Inverse", "Net Flows ($, mm)": "-507.11", "AUM ($, mm)": "14,011.39", "% of AUM": "-3.62%"}, {"": "Leveraged", "Net Flows ($, mm)": "985.98", "AUM ($, mm)": "86,997.01", "% of AUM": "1.13%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "7,629.36", "AUM ($, mm)": "5,164,598.51", "% of AUM": "0.15%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "650.60", "AUM ($, mm)": "1,356,827.28", "% of AUM": "0.05%"}, {"": "Total:", "Net Flows ($, mm)": "9,240.53", "AUM ($, mm)": "8,380,466.75", "% of AUM": "0.11%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', "*\nLawsuit called data demand 'contrived'\n*\nU.S. seeking data to assess grid reliability risks\n(Adds plaintiff comment in paragraph 9)\nBy Clark Mindock and Laila Kearney\nFeb 23 (Reuters) - The U.S. Department of Energy (DOE) on Friday agreed to temporarily suspend its emergency survey of energy use by cryptocurrency miners following a lawsuit by bitcoin miner Riot Platforms and an industry group.\nThe DOE's statistical arm, the U.S. Energy Information Administration (EIA), will halt its mandatory survey for a month and sequester the data it had already received after it began collecting information from bitcoin miners on Feb. 5, the agency said in a Friday notice to a Texas federal court.\nRiot Platforms and the Texas Blockchain Council had sued the Biden administration in that court on Thursday seeking to block the survey, which they said could harm businesses by forcing them to divulge confidential and sensitive information.\nThe EIA had said the information is needed to assess concerns that cryptocurrency miners' increased use of electricity, spurred by high bitcoin prices, could pose an imminent threat to energy grid reliability.\nThe plaintiffs claimed in their lawsuit that bitcoin mines, which use large amounts of electricity for computing and cooling data processing centers, can actually improve reliability since they can be quickly shut down to offset spikes in energy demand during severe weather that can cause blackouts.\nThey said the emergency demand from EIA was based on “speculation and conjecture” that bitcoin mining is likely to present a threat to the power grid, and failed to follow proper public notice and comment requirements under federal paperwork reduction and administrative laws. They asked the court for a permanent injunction prohibiting EIA from requesting the data without first complying with the law.\n“This is a case about sloppy government process, contrived and self-inflicted urgency and invasive government data collection,” the plaintiffs said.\nTexas is a hub for bitcoin mining activity, according to the lawsuit. Texas Bitcoin Council has 25 members with mines in the state including Riot Platforms.\nA spokesperson for the plaintiffs said they are encouraged by the government's Friday announcement, but that it falls short of the relief they are seeking.\nDigital cryptocurrency miners have come under scrutiny in recent years due to their potential impact on power grids, greenhouse gas emissions and energy-intensive operations, which have been estimated to use more electricity than the entire country of Norway.\nThe EIA compiles data on U.S. energy output and use across the economy, and said in January that its survey would focus on where mining growth is concentrated, the electricity sources they use and how power demand for cryptocurrency mining is changing in order to develop rigorous estimates of the industry's power usage for policymakers and others. (Reporting by Clark Mindock and Laila Kearny in New York; Editing by Alexia Garamfalvi, Daniel Wallis and Sonali Paul)", '• US stocks traded mixed as tech stocks took a breather after a brief S&P 500 surge past 5,100.\n• Major indexes ended the week high, propelled by AI-driven euphoria.\n• Investors next week will get fresh data on the health of the US economy.\nUS stocks closed mixed on Friday after the S&P 500 benchmark index briefly crossed 5,100 for the first time.\nThe stock rally was more muted Friday after the sugar-rush that propelled stocks into record territory after Nvidia\'s boom-time earnings release on Thursday. Still, the Dow Jones Industrial Average notched a new all-time closing highs, while the S&P 500 briefly crossed 5,100 for the first time ever.\n"Yesterday\'s market rally, just in terms of price action, did much to assuage fears that the AI theme was a passing phase," Quincy Krosby from LPL Financial said in a note on Friday.\nThat AI-driven euphoria has been able to lift markets without imminent rate cuts in sight, which was a key theme for stocks in the past few months.\n"Next week\'s roster of data, including the durable goods and personal income/personal spending report will be important for assessing the strength of the broader economy," Krosby noted.\nHere\'s where US indexes stood at the closing bell at 4:00 p.m. on Friday:\n• S&P 500:5,088.80, up 0.03%\n• Dow Jones Industrial Average:39,131.53, up 0.16% (+62.42 points)\n• Nasdaq Composite:15,996.82, down 0.28%\nHere\'s what else is going on:\n• Russia\'s economy is so driven by the warin Ukraine that it cannot afford to either win or lose, one economist says.\n• The more Americans that take Ozempic, thefaster the US economy will grow, Goldman Sachs says.\n• These are thetop 10 holdingsof Bill Gates\' $42 billion stock portfolio.\n• Short-seller Jim Chanoswarns Nvidia\'s epic growth is cannibalizing Big Tech— as the chip titan\'s value surges by $1 trillion in 4 months.\n• Americans\'"love affair" with the stock marketis stronger than ever\n• "Magnificent 7" tech stocks aredangerously dominant— and recession\'s still a real risk, top economist warns.\nIn commodities, bonds, and crypto:\n• Oil prices fell, withWest Texas Intermediatedown 2.6% to $76.54 a barrel.Brent crude, the international benchmark, dipped 2.4% to $81.66 a barrel.\n• Goldrose 0.8% to $2,046.90 per ounce.\n• The10-year Treasury yieldslipped 7 basis points to 4.252%.\n• Bitcoinedged lower by 1.69% to $51,056.\nRe **Last 60 Days of Bitcoin's Closing Prices:** [42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-24 **Financial & Commodity Data:** - Gold Closing Price: $2038.60 - Crude Oil Closing Price: $76.49 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,013,649,357,625 - Hash Rate: 556574376.491103 - Transaction Count: 340419.0 - Unique Addresses: 591315.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Citigroup Inc.’s Marcus Satha, who turned the firm’s short-term interest rate trading desk into an industry leader, is planning to depart for a role in the children’s book charity he founded. Most Read from Bloomberg YouTube and Spotify Won’t Launch Apple Vision Pro Apps, Joining Netflix Ford Cuts Workforce Making Electric F-150s on Weak Demand Putin Orders Hunt for Property of Russian Empire, Soviet Union Blinken’s Return From Davos Was Delayed After Plane Broke Down China’s Biggest Broker Curbs Short Sales After Stock Rout Satha, a 20-year veteran of Citigroup, first joined the Wall Street giant in Australia before moving to London in 2012, according to a memo to staff seen by Bloomberg. He was named head of the short-term interest rate trading division for Europe, the Middle East and Africa in 2016 before being elevated to global head of the division one year later, the memo said. He “led the STIRT team to achieve record revenues, ranking No. 1 across the market,” Flavio Figueiredo, who leads Citigroup’s currency trading division, said in the memo. Satha is planning to take a more active role at Inclusive Books for Children, a charity he founded in 2022 that says it helps “source expertly reviewed, high-quality books for children that reflect the diverse world in which they live.” The nonprofit is a “vast, virtual ‘bookcase,’ showcasing inclusive books for different ages,” according to its website. The charity is hoping to combat the fact that the proportion of children’s books published featuring animal or non-human characters is far greater than books starring ethnic-minority main characters, according to its website. The philanthropy provides curated lists of books, though it said it currently chooses not to focus on books that are focused on the marginalized aspects of characters’ identities. “Stories are powerful tools that allow us to relate,” Satha said in an emailed statement. “We all want the children in our lives to be able to access the power of stories, and how they open the imagination and inspire creativity.” Story continues During his time at Citigroup, Satha created initiatives focused on diversity, equity and inclusion within the trading division, the memo said. (Updates with comment from Satha in penultimate paragraph. An earlier version of this story corrected the spelling of surname in last paragraph.) Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P.... - Reddit Posts (Sample): [['u/Aggressive_Algae726', 'Is Freewallet a complete scam? Does it work for anyone?', 10, '2024-02-24 00:19', 'https://www.reddit.com/r/Monero/comments/1ayf013/is_freewallet_a_complete_scam_does_it_work_for/', "I needed to trade some coins a few years ago. Freewallet was fine. I was trying to trade for an uncommon coin and sent some btc to Freewallet. Suddenly, my account is frozen. \nNow, I'm trying to take out about $300 and they are requesting information, and each response asks for more information. It's kind of creepy. \n\n\nIs it worth my time trying to recover the funds? Has anyone had success", 'https://www.reddit.com/r/Monero/comments/1ayf013/is_freewallet_a_complete_scam_does_it_work_for/', '1ayf013', [['u/SpearTactics', 13, '2024-02-24 10:18', 'https://www.reddit.com/r/Monero/comments/1ayf013/is_freewallet_a_complete_scam_does_it_work_for/krwc917/', "It's a known scam, even the subreddit info contains a warning against. Unfortunately too many see that after it's too late.", '1ayf013'], ['u/MoneroWTF', 10, '2024-02-24 11:09', 'https://www.reddit.com/r/Monero/comments/1ayf013/is_freewallet_a_complete_scam_does_it_work_for/krwgg5h/', "I haven't seen that wallet mentioned in a while, I thought the years and years of so many people bitching about them worked. Selective scammers", '1ayf013'], ['u/TheFuzzStone', 31, '2024-02-24 11:16', 'https://www.reddit.com/r/Monero/comments/1ayf013/is_freewallet_a_complete_scam_does_it_work_for/krwh1ud/', '>Is Freewallet a complete scam?\n\nYes.', '1ayf013']]], ['u/lispercat2', 'Is there any correlation between the stock price and BTC', 13, '2024-02-24 00:31', 'https://www.reddit.com/r/hut8/comments/1ayfal7/is_there_any_correlation_between_the_stock_price/', "I bought 5K worth of stock in January 12, 2022 when BTC was \\~44K, the stock price was 42.85CAD.\n\nNow with BTC trading at \\~68K price is 10.56CAD.\n\nCould you give some insight on what's going on with the stock?", 'https://www.reddit.com/r/hut8/comments/1ayfal7/is_there_any_correlation_between_the_stock_price/', '1ayfal7', [['u/Comprehensive-Belt40', 14, '2024-02-24 02:50', 'https://www.reddit.com/r/hut8/comments/1ayfal7/is_there_any_correlation_between_the_stock_price/kruyd3b/', "In 2022, hut8 was mainly a BTC mining company...\nIn 2024.. it's a diversified in different sectors in IT.. but excel in none of them.", '1ayfal7']]], ['u/RespectibleCabbage', 'Beating everyone else off the sinking ship', 16, '2024-02-24 00:44', 'https://www.reddit.com/r/bsv/comments/1ayfm5n/beating_everyone_else_off_the_sinking_ship/', 'I’m curious at which point the bag holders will start to cut their losses and get out before the plummet of BSV. Presumably once the verdict comes in the price will tank, but it’s already clear at this point that Wright is going to lose, so it’s just a matter of time before the rug is pulled. \n\nI just find it weird that a lot of them over there are seemingly starting to realise they’ve been conned this whole time, so I’m genuinely curious how many of them will swallow their pride and just move over to Bitcoin. If they actually care about “Satoshis Vision”, well here it is. I assume the only people left over there now are just people with money sunk in who are hoping against hope for the best (because there are certainly no fundamentals of BSV to keep them around). It’s going to tank, I just hope it’s not the regular folk who lose everything, because you bet your ass CSW and CAH will be cutting and running soon.', 'https://www.reddit.com/r/bsv/comments/1ayfm5n/beating_everyone_else_off_the_sinking_ship/', '1ayfm5n', [['u/anonymouscitizen2', 10, '2024-02-24 03:02', 'https://www.reddit.com/r/bsv/comments/1ayfm5n/beating_everyone_else_off_the_sinking_ship/kruzzw7/', 'Are you the same sgbett from BSV twitter who lies to people all day? If so you are a rat', '1ayfm5n']]], ['u/Magners17', 'I sold BTC to use my Shakepay card today ', 18, '2024-02-24 00:51', 'https://www.reddit.com/r/shakepay/comments/1ayfrko/i_sold_btc_to_use_my_shakepay_card_today/', 'I was in a pinch today and forgot my wallet in the car. I had to purchase something and I could’ve ran out to my car to grab my wallet but it was faster to just sell some BTC and use my Shakepay card (my new CC hasn’t been added to my Apple wallet but my Shakepay card is still there) and it was so convenient!\n\nDo I feel good about selling BTC for a quick purchase? Not really. Did my transaction happen almost instantaneously? Yes. I was able to sell and use my SP card right away. \n\nSeamless transactions like this is why I appreciate this space, this company, this asset class and the future of our financial system. Could I have sold stocks and used that money for an immediately purchase? Nope. Could I sell BTC and do that via Shakepay? Absolutely. ', 'https://www.reddit.com/r/shakepay/comments/1ayfrko/i_sold_btc_to_use_my_shakepay_card_today/', '1ayfrko', [['u/Bar98704', 11, '2024-02-24 01:23', 'https://www.reddit.com/r/shakepay/comments/1ayfrko/i_sold_btc_to_use_my_shakepay_card_today/krul5pt/', "Yeah but you've also triggered a taxable event by selling it. As long as BTC is classified as property then the whole thing is ridiculous", '1ayfrko']]], ['u/Lochskye', 'Think this', 619, '2024-02-24 04:33', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/', '💭Imagine that tomorrow you wake up and BTC is at $250,000, with what you have in your wallet right now, how much would you earn?\n', 'https://i.redd.it/paoc52gydgkc1.jpeg', '1aykifo', [['u/EliteEmi', 57, '2024-02-24 04:37', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvddyk/', 'Not gonna sell any, so earned 0', '1aykifo'], ['u/bbt104', 25, '2024-02-24 04:39', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvdpp4/', 'Well, I won\'t say how much I made, but I\'ll let you know what I\'m singing "Nooo more debt do do do-doo do, no more debt do doo do do" 🤣🤣', '1aykifo'], ['u/GiverTakerMaker', 62, '2024-02-24 04:46', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvepm7/', 'I only see that when I go to sleep', '1aykifo'], ['u/Ok_Computer1417', 399, '2024-02-24 04:48', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvexeo/', 'Coin market cap glitched one time in the middle of the night years ago and my phone blew up with alerts from Yahoo Finance essentially stating I was billionaire. It was nice for about 60 seconds.', '1aykifo'], ['u/Number_United', 58, '2024-02-24 04:51', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvfbwz/', '$225,000,000', '1aykifo'], ['u/karma_hit_my_dogma', 93, '2024-02-24 05:08', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvhjij/', 'I would’ve sold in a blind daze', '1aykifo'], ['u/pr84704p', 13, '2024-02-24 05:08', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvhlh7/', 'I remember that! lmao', '1aykifo'], ['u/herkdwrlmal', 39, '2024-02-24 05:16', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvin8q/', 'Finally someone talking realistic numbers', '1aykifo'], ['u/M1st3r51r', 66, '2024-02-24 05:19', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krviz7g/', 'Sell, cash out, and immediately move to a different country under a different name', '1aykifo'], ['u/seviay', 17, '2024-02-24 05:25', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvjqh1/', 'It could be good if I hadn’t had that terrible boating accident', '1aykifo'], ['u/screechingeagle82', 25, '2024-02-24 05:36', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvl453/', 'That’s why the chart above wont happen like that. The price will get there eventually but there are too many sellers waiting to cash in for a parabolic move of that magnitude over a short time period.', '1aykifo'], ['u/cryptoguerrilla', 35, '2024-02-24 05:55', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvnexc/', 'Hopium is good and all but we got to get off the drugs and realize that “number go up” isn’t the end goal. 1sat=1 of bread is the goal.', '1aykifo'], ['u/dlm83', 22, '2024-02-24 06:00', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvnx6i/', 'So enlightened... not numbers go up, wealth and buying power go up!', '1aykifo'], ['u/anthonyevans777', 13, '2024-02-24 06:03', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvocit/', 'I’d contemplate paying off my mortagge', '1aykifo'], ['u/SoupaSoka', 29, '2024-02-24 06:24', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvqqc3/', 'Best uses are buying land, buying a primary residence, or paying off debt. Not gonna blame a single person if they sell some or all of their Bitcoin to secure a reasonable place to live.', '1aykifo'], ['u/maistahhh', 26, '2024-02-24 06:48', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvtfj9/', 'They are so dramatic', '1aykifo'], ['u/369isreal', 12, '2024-02-24 06:49', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvtipd/', 'True i was also one of those billionaires 🤣🤣', '1aykifo'], ['u/weallwinoneday', 69, '2024-02-24 07:16', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvw9iq/', 'Nice try IRS', '1aykifo'], ['u/Pongi', 12, '2024-02-24 08:21', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krw2beg/', 'You guys are so brainwashed it’s kind of astonishing', '1aykifo'], ['u/aaronmichaelVA', 12, '2024-02-24 09:00', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krw5sr2/', "Let's come back about June 2025 and reassess this comment, yeah?", '1aykifo'], ['u/gui_gi', 33, '2024-02-24 09:15', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krw71gu/', "He's not saying it won't reach 250k, he's saying it won't be a straight line up with no dips. He's correct in his assessment.", '1aykifo'], ['u/nopy4', 19, '2024-02-24 09:59', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krwap6l/', 'Wow! You must be having like 100 BTC', '... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Top 10 Creations (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "2,809.13", "AUM ($, mm)": "491,911.32", "AUM % Change": "0.57%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "1,829.94", "AUM ($, mm)": "244,722.88", "AUM % Change": "0.75%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Net Flows ($, mm)": "1,760.30", "AUM ($, mm)": "61,907.02", "AUM % Change": "2.84%"}, {"Ticker": "VGIT", "Name": "Vanguard Intermediate-Term Treasury Index ETF", "Net Flows ($, mm)": "501.54", "AUM ($, mm)": "23,450.78", "AUM % Change": "2.14%"}, {"Ticker": "SOXL", "Name": "Direxion Daily Semiconductor Bull 3X Shares", "Net Flows ($, mm)": "404.77", "AUM ($, mm)": "8,594.09", "AUM % Change": "4.71%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "353.46", "AUM ($, mm)": "17,327.19", "AUM % Change": "2.04%"}, {"Ticker": "BBEU", "Name": "JPMorgan BetaBuilders Europe ETF", "Net Flows ($, mm)": "342.24", "AUM ($, mm)": "6,993.08", "AUM % Change": "4.89%"}, {"Ticker": "SMH", "Name": "VanEck Semiconductor ETF", "Net Flows ($, mm)": "324.21", "AUM ($, mm)": "14,961.05", "AUM % Change": "2.17%"}, {"Ticker": "XLK", "Name": "Technology Select Sector SPDR Fund", "Net Flows ($, mm)": "298.71", "AUM ($, mm)": "61,715.24", "AUM % Change": "0.48%"}, {"Ticker": "VCLT", "Name": "Vanguard Long-Term Corporate Bond ETF", "Net Flows ($, mm)": "260.41", "AUM ($, mm)": "6,407.08", "AUM % Change": "4.06%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "-429.82", "AUM ($, mm)": "31,839.18", "AUM % Change": "-1.35%"}, {"Ticker": "JNK", "Name": "SPDR Bloomberg High Yield Bond ETF", "Net Flows ($, mm)": "-226.02", "AUM ($, mm)": "9,462.36", "AUM % Change": "-2.39%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-199.33", "AUM ($, mm)": "22,760.92", "AUM % Change": "-0.88%"}, {"Ticker": "XLY", "Name": "Consumer Discretionary Select Sector SPDR Fund", "Net Flows ($, mm)": "-196.51", "AUM ($, mm)": "19,856.91", "AUM % Change": "-0.99%"}, {"Ticker": "IEF", "Name": "iShares 7-10 Year Treasury Bond ETF", "Net Flows ($, mm)": "-177.76", "AUM ($, mm)": "27,570.84", "AUM % Change": "-0.64%"}, {"Ticker": "NZAC", "Name": "SPDR MSCI ACWI Climate Paris Aligned ETF", "Net Flows ($, mm)": "-158.89", "AUM ($, mm)": "107.01", "AUM % Change": "-148.48%"}, {"Ticker": "SCHO", "Name": "Schwab Short-Term U.S. Treasury ETF", "Net Flows ($, mm)": "-137.31", "AUM ($, mm)": "11,601.74", "AUM % Change": "-1.18%"}, {"Ticker": "VSS", "Name": "Vanguard FTSE All-World ex-US Small-Cap ETF", "Net Flows ($, mm)": "-135.16", "AUM ($, mm)": "8,335.33", "AUM % Change": "-1.62%"}, {"Ticker": "GLD", "Name": "SPDR Gold Trust", "Net Flows ($, mm)": "-131.40", "AUM ($, mm)": "53,929.08", "AUM % Change": "-0.24%"}, {"Ticker": "SOXS", "Name": "Direxion Daily Semiconductor Bear 3X Shares", "Net Flows ($, mm)": "-126.37", "AUM ($, mm)": "815.71", "AUM % Change": "-15.49%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "-4.39", "AUM ($, mm)": "6,934.30", "% of AUM": "-0.06%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "-1.57", "AUM ($, mm)": "17,096.90", "% of AUM": "-0.01%"}, {"": "Commodities", "Net Flows ($, mm)": "-227.00", "AUM ($, mm)": "123,466.46", "% of AUM": "-0.18%"}, {"": "Currency", "Net Flows ($, mm)": "-33.06", "AUM ($, mm)": "41,055.61", "% of AUM": "-0.08%"}, {"": "International Equity", "Net Flows ($, mm)": "719.29", "AUM ($, mm)": "1,395,519.12", "% of AUM": "0.05%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "28.43", "AUM ($, mm)": "173,960.18", "% of AUM": "0.02%"}, {"": "Inverse", "Net Flows ($, mm)": "-507.11", "AUM ($, mm)": "14,011.39", "% of AUM": "-3.62%"}, {"": "Leveraged", "Net Flows ($, mm)": "985.98", "AUM ($, mm)": "86,997.01", "% of AUM": "1.13%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "7,629.36", "AUM ($, mm)": "5,164,598.51", "% of AUM": "0.15%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "650.60", "AUM ($, mm)": "1,356,827.28", "% of AUM": "0.05%"}, {"": "Total:", "Net Flows ($, mm)": "9,240.53", "AUM ($, mm)": "8,380,466.75", "% of AUM": "0.11%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', "*\nLawsuit called data demand 'contrived'\n*\nU.S. seeking data to assess grid reliability risks\n(Adds plaintiff comment in paragraph 9)\nBy Clark Mindock and Laila Kearney\nFeb 23 (Reuters) - The U.S. Department of Energy (DOE) on Friday agreed to temporarily suspend its emergency survey of energy use by cryptocurrency miners following a lawsuit by bitcoin miner Riot Platforms and an industry group.\nThe DOE's statistical arm, the U.S. Energy Information Administration (EIA), will halt its mandatory survey for a month and sequester the data it had already received after it began collecting information from bitcoin miners on Feb. 5, the agency said in a Friday notice to a Texas federal court.\nRiot Platforms and the Texas Blockchain Council had sued the Biden administration in that court on Thursday seeking to block the survey, which they said could harm businesses by forcing them to divulge confidential and sensitive information.\nThe EIA had said the information is needed to assess concerns that cryptocurrency miners' increased use of electricity, spurred by high bitcoin prices, could pose an imminent threat to energy grid reliability.\nThe plaintiffs claimed in their lawsuit that bitcoin mines, which use large amounts of electricity for computing and cooling data processing centers, can actually improve reliability since they can be quickly shut down to offset spikes in energy demand during severe weather that can cause blackouts.\nThey said the emergency demand from EIA was based on “speculation and conjecture” that bitcoin mining is likely to present a threat to the power grid, and failed to follow proper public notice and comment requirements under federal paperwork reduction and administrative laws. They asked the court for a permanent injunction prohibiting EIA from requesting the data without first complying with the law.\n“This is a case about sloppy government process, contrived and self-inflicted urgency and invasive government data collection,” the plaintiffs said.\nTexas is a hub for bitcoin mining activity, according to the lawsuit. Texas Bitcoin Council has 25 members with mines in the state including Riot Platforms.\nA spokesperson for the plaintiffs said they are encouraged by the government's Friday announcement, but that it falls short of the relief they are seeking.\nDigital cryptocurrency miners have come under scrutiny in recent years due to their potential impact on power grids, greenhouse gas emissions and energy-intensive operations, which have been estimated to use more electricity than the entire country of Norway.\nThe EIA compiles data on U.S. energy output and use across the economy, and said in January that its survey would focus on where mining growth is concentrated, the electricity sources they use and how power demand for cryptocurrency mining is changing in order to develop rigorous estimates of the industry's power usage for policymakers and others. (Reporting by Clark Mindock and Laila Kearny in New York; Editing by Alexia Garamfalvi, Daniel Wallis and Sonali Paul)", '• US stocks traded mixed as tech stocks took a breather after a brief S&P 500 surge past 5,100.\n• Major indexes ended the week high, propelled by AI-driven euphoria.\n• Investors next week will get fresh data on the health of the US economy.\nUS stocks closed mixed on Friday after the S&P 500 benchmark index briefly crossed 5,100 for the first time.\nThe stock rally was more muted Friday after the sugar-rush that propelled stocks into record territory after Nvidia\'s boom-time earnings release on Thursday. Still, the Dow Jones Industrial Average notched a new all-time closing highs, while the S&P 500 briefly crossed 5,100 for the first time ever.\n"Yesterday\'s market rally, just in terms of price action, did much to assuage fears that the AI theme was a passing phase," Quincy Krosby from LPL Financial said in a note on Friday.\nThat AI-driven euphoria has been able to lift markets without imminent rate cuts in sight, which was a key theme for stocks in the past few months.\n"Next week\'s roster of data, including the durable goods and personal income/personal spending report will be important for assessing the strength of the broader economy," Krosby noted.\nHere\'s where US indexes stood at the closing bell at 4:00 p.m. on Friday:\n• S&P 500:5,088.80, up 0.03%\n• Dow Jones Industrial Average:39,131.53, up 0.16% (+62.42 points)\n• Nasdaq Composite:15,996.82, down 0.28%\nHere\'s what else is going on:\n• Russia\'s economy is so driven by the warin Ukraine that it cannot afford to either win or lose, one economist says.\n• The more Americans that take Ozempic, thefaster the US economy will grow, Goldman Sachs says.\n• These are thetop 10 holdingsof Bill Gates\' $42 billion stock portfolio.\n• Short-seller Jim Chanoswarns Nvidia\'s epic growth is cannibalizing Big Tech— as the chip titan\'s value surges by $1 trillion in 4 months.\n• Americans\'"love affair" with the stock marketis stronger than ever\n• "Magnificent 7" tech stocks aredangerously dominant— and recession\'s still a real risk, top economist warns.\nIn commodities, bonds, and crypto:\n• Oil prices fell, withWest Texas Intermediatedown 2.6% to $76.54 a barrel.Brent crude, the international benchmark, dipped 2.4% to $81.66 a barrel.\n• Goldrose 0.8% to $2,046.90 per ounce.\n• The10-year Treasury yieldslipped 7 basis points to 4.252%.\n• Bitcoinedged lower by 1.69% to $51,056.\nRe **Last 60 Days of Bitcoin's Closing Prices:** [42520.40, 43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-02-24 **Financial & Commodity Data:** - Gold Closing Price: $2038.60 - Crude Oil Closing Price: $76.49 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,013,649,357,625 - Hash Rate: 556574376.491103 - Transaction Count: 340419.0 - Unique Addresses: 591315.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Citigroup Inc.’s Marcus Satha, who turned the firm’s short-term interest rate trading desk into an industry leader, is planning to depart for a role in the children’s book charity he founded. Most Read from Bloomberg YouTube and Spotify Won’t Launch Apple Vision Pro Apps, Joining Netflix Ford Cuts Workforce Making Electric F-150s on Weak Demand Putin Orders Hunt for Property of Russian Empire, Soviet Union Blinken’s Return From Davos Was Delayed After Plane Broke Down China’s Biggest Broker Curbs Short Sales After Stock Rout Satha, a 20-year veteran of Citigroup, first joined the Wall Street giant in Australia before moving to London in 2012, according to a memo to staff seen by Bloomberg. He was named head of the short-term interest rate trading division for Europe, the Middle East and Africa in 2016 before being elevated to global head of the division one year later, the memo said. He “led the STIRT team to achieve record revenues, ranking No. 1 across the market,” Flavio Figueiredo, who leads Citigroup’s currency trading division, said in the memo. Satha is planning to take a more active role at Inclusive Books for Children, a charity he founded in 2022 that says it helps “source expertly reviewed, high-quality books for children that reflect the diverse world in which they live.” The nonprofit is a “vast, virtual ‘bookcase,’ showcasing inclusive books for different ages,” according to its website. The charity is hoping to combat the fact that the proportion of children’s books published featuring animal or non-human characters is far greater than books starring ethnic-minority main characters, according to its website. The philanthropy provides curated lists of books, though it said it currently chooses not to focus on books that are focused on the marginalized aspects of characters’ identities. “Stories are powerful tools that allow us to relate,” Satha said in an emailed statement. “We all want the children in our lives to be able to access the power of stories, and how they open the imagination and inspire creativity.” Story continues During his time at Citigroup, Satha created initiatives focused on diversity, equity and inclusion within the trading division, the memo said. (Updates with comment from Satha in penultimate paragraph. An earlier version of this story corrected the spelling of surname in last paragraph.) Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P.... - Reddit Posts (Sample): [['u/Aggressive_Algae726', 'Is Freewallet a complete scam? Does it work for anyone?', 10, '2024-02-24 00:19', 'https://www.reddit.com/r/Monero/comments/1ayf013/is_freewallet_a_complete_scam_does_it_work_for/', "I needed to trade some coins a few years ago. Freewallet was fine. I was trying to trade for an uncommon coin and sent some btc to Freewallet. Suddenly, my account is frozen. \nNow, I'm trying to take out about $300 and they are requesting information, and each response asks for more information. It's kind of creepy. \n\n\nIs it worth my time trying to recover the funds? Has anyone had success", 'https://www.reddit.com/r/Monero/comments/1ayf013/is_freewallet_a_complete_scam_does_it_work_for/', '1ayf013', [['u/SpearTactics', 13, '2024-02-24 10:18', 'https://www.reddit.com/r/Monero/comments/1ayf013/is_freewallet_a_complete_scam_does_it_work_for/krwc917/', "It's a known scam, even the subreddit info contains a warning against. Unfortunately too many see that after it's too late.", '1ayf013'], ['u/MoneroWTF', 10, '2024-02-24 11:09', 'https://www.reddit.com/r/Monero/comments/1ayf013/is_freewallet_a_complete_scam_does_it_work_for/krwgg5h/', "I haven't seen that wallet mentioned in a while, I thought the years and years of so many people bitching about them worked. Selective scammers", '1ayf013'], ['u/TheFuzzStone', 31, '2024-02-24 11:16', 'https://www.reddit.com/r/Monero/comments/1ayf013/is_freewallet_a_complete_scam_does_it_work_for/krwh1ud/', '>Is Freewallet a complete scam?\n\nYes.', '1ayf013']]], ['u/lispercat2', 'Is there any correlation between the stock price and BTC', 13, '2024-02-24 00:31', 'https://www.reddit.com/r/hut8/comments/1ayfal7/is_there_any_correlation_between_the_stock_price/', "I bought 5K worth of stock in January 12, 2022 when BTC was \\~44K, the stock price was 42.85CAD.\n\nNow with BTC trading at \\~68K price is 10.56CAD.\n\nCould you give some insight on what's going on with the stock?", 'https://www.reddit.com/r/hut8/comments/1ayfal7/is_there_any_correlation_between_the_stock_price/', '1ayfal7', [['u/Comprehensive-Belt40', 14, '2024-02-24 02:50', 'https://www.reddit.com/r/hut8/comments/1ayfal7/is_there_any_correlation_between_the_stock_price/kruyd3b/', "In 2022, hut8 was mainly a BTC mining company...\nIn 2024.. it's a diversified in different sectors in IT.. but excel in none of them.", '1ayfal7']]], ['u/RespectibleCabbage', 'Beating everyone else off the sinking ship', 16, '2024-02-24 00:44', 'https://www.reddit.com/r/bsv/comments/1ayfm5n/beating_everyone_else_off_the_sinking_ship/', 'I’m curious at which point the bag holders will start to cut their losses and get out before the plummet of BSV. Presumably once the verdict comes in the price will tank, but it’s already clear at this point that Wright is going to lose, so it’s just a matter of time before the rug is pulled. \n\nI just find it weird that a lot of them over there are seemingly starting to realise they’ve been conned this whole time, so I’m genuinely curious how many of them will swallow their pride and just move over to Bitcoin. If they actually care about “Satoshis Vision”, well here it is. I assume the only people left over there now are just people with money sunk in who are hoping against hope for the best (because there are certainly no fundamentals of BSV to keep them around). It’s going to tank, I just hope it’s not the regular folk who lose everything, because you bet your ass CSW and CAH will be cutting and running soon.', 'https://www.reddit.com/r/bsv/comments/1ayfm5n/beating_everyone_else_off_the_sinking_ship/', '1ayfm5n', [['u/anonymouscitizen2', 10, '2024-02-24 03:02', 'https://www.reddit.com/r/bsv/comments/1ayfm5n/beating_everyone_else_off_the_sinking_ship/kruzzw7/', 'Are you the same sgbett from BSV twitter who lies to people all day? If so you are a rat', '1ayfm5n']]], ['u/Magners17', 'I sold BTC to use my Shakepay card today ', 18, '2024-02-24 00:51', 'https://www.reddit.com/r/shakepay/comments/1ayfrko/i_sold_btc_to_use_my_shakepay_card_today/', 'I was in a pinch today and forgot my wallet in the car. I had to purchase something and I could’ve ran out to my car to grab my wallet but it was faster to just sell some BTC and use my Shakepay card (my new CC hasn’t been added to my Apple wallet but my Shakepay card is still there) and it was so convenient!\n\nDo I feel good about selling BTC for a quick purchase? Not really. Did my transaction happen almost instantaneously? Yes. I was able to sell and use my SP card right away. \n\nSeamless transactions like this is why I appreciate this space, this company, this asset class and the future of our financial system. Could I have sold stocks and used that money for an immediately purchase? Nope. Could I sell BTC and do that via Shakepay? Absolutely. ', 'https://www.reddit.com/r/shakepay/comments/1ayfrko/i_sold_btc_to_use_my_shakepay_card_today/', '1ayfrko', [['u/Bar98704', 11, '2024-02-24 01:23', 'https://www.reddit.com/r/shakepay/comments/1ayfrko/i_sold_btc_to_use_my_shakepay_card_today/krul5pt/', "Yeah but you've also triggered a taxable event by selling it. As long as BTC is classified as property then the whole thing is ridiculous", '1ayfrko']]], ['u/Lochskye', 'Think this', 619, '2024-02-24 04:33', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/', '💭Imagine that tomorrow you wake up and BTC is at $250,000, with what you have in your wallet right now, how much would you earn?\n', 'https://i.redd.it/paoc52gydgkc1.jpeg', '1aykifo', [['u/EliteEmi', 57, '2024-02-24 04:37', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvddyk/', 'Not gonna sell any, so earned 0', '1aykifo'], ['u/bbt104', 25, '2024-02-24 04:39', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvdpp4/', 'Well, I won\'t say how much I made, but I\'ll let you know what I\'m singing "Nooo more debt do do do-doo do, no more debt do doo do do" 🤣🤣', '1aykifo'], ['u/GiverTakerMaker', 62, '2024-02-24 04:46', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvepm7/', 'I only see that when I go to sleep', '1aykifo'], ['u/Ok_Computer1417', 399, '2024-02-24 04:48', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvexeo/', 'Coin market cap glitched one time in the middle of the night years ago and my phone blew up with alerts from Yahoo Finance essentially stating I was billionaire. It was nice for about 60 seconds.', '1aykifo'], ['u/Number_United', 58, '2024-02-24 04:51', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvfbwz/', '$225,000,000', '1aykifo'], ['u/karma_hit_my_dogma', 93, '2024-02-24 05:08', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvhjij/', 'I would’ve sold in a blind daze', '1aykifo'], ['u/pr84704p', 13, '2024-02-24 05:08', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvhlh7/', 'I remember that! lmao', '1aykifo'], ['u/herkdwrlmal', 39, '2024-02-24 05:16', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvin8q/', 'Finally someone talking realistic numbers', '1aykifo'], ['u/M1st3r51r', 66, '2024-02-24 05:19', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krviz7g/', 'Sell, cash out, and immediately move to a different country under a different name', '1aykifo'], ['u/seviay', 17, '2024-02-24 05:25', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvjqh1/', 'It could be good if I hadn’t had that terrible boating accident', '1aykifo'], ['u/screechingeagle82', 25, '2024-02-24 05:36', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvl453/', 'That’s why the chart above wont happen like that. The price will get there eventually but there are too many sellers waiting to cash in for a parabolic move of that magnitude over a short time period.', '1aykifo'], ['u/cryptoguerrilla', 35, '2024-02-24 05:55', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvnexc/', 'Hopium is good and all but we got to get off the drugs and realize that “number go up” isn’t the end goal. 1sat=1 of bread is the goal.', '1aykifo'], ['u/dlm83', 22, '2024-02-24 06:00', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvnx6i/', 'So enlightened... not numbers go up, wealth and buying power go up!', '1aykifo'], ['u/anthonyevans777', 13, '2024-02-24 06:03', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvocit/', 'I’d contemplate paying off my mortagge', '1aykifo'], ['u/SoupaSoka', 29, '2024-02-24 06:24', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvqqc3/', 'Best uses are buying land, buying a primary residence, or paying off debt. Not gonna blame a single person if they sell some or all of their Bitcoin to secure a reasonable place to live.', '1aykifo'], ['u/maistahhh', 26, '2024-02-24 06:48', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvtfj9/', 'They are so dramatic', '1aykifo'], ['u/369isreal', 12, '2024-02-24 06:49', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvtipd/', 'True i was also one of those billionaires 🤣🤣', '1aykifo'], ['u/weallwinoneday', 69, '2024-02-24 07:16', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krvw9iq/', 'Nice try IRS', '1aykifo'], ['u/Pongi', 12, '2024-02-24 08:21', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krw2beg/', 'You guys are so brainwashed it’s kind of astonishing', '1aykifo'], ['u/aaronmichaelVA', 12, '2024-02-24 09:00', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krw5sr2/', "Let's come back about June 2025 and reassess this comment, yeah?", '1aykifo'], ['u/gui_gi', 33, '2024-02-24 09:15', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krw71gu/', "He's not saying it won't reach 250k, he's saying it won't be a straight line up with no dips. He's correct in his assessment.", '1aykifo'], ['u/nopy4', 19, '2024-02-24 09:59', 'https://www.reddit.com/r/Bitcoin/comments/1aykifo/think_this/krwap6l/', 'Wow! You must be having like 100 BTC', '... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Navigating the crypto landscape can be a challenge, especially in a bull market when just about every cryptocurrency seems to be rising. With myriad options promising life-changing gains, cutting through the noise is no easy task.\nFor investors looking to find some clarity in a crowded field of options, the best strategy is often the simplest. As with the stock market, it is possible to spread your crypto portfolio too thin, inevitably introducing unnecessary risk.\nOne cryptocurrency stands out as deserving a $1,000 investment today:Bitcoin(CRYPTO: BTC). While this pick may lack originality, its historical performance, market dominance, and unique characteristics make it a standout choice that no other cryptocurrency can match.\nThere is a laundry list of arguments that portray Bitcoin as a risky and volatile asset undeserving of an investment. Although short-term fluctuations are real, a long-term perspective reveals Bitcoin's attractiveness as a robust investment.\nBitcoin has proven itself as the top-performing asset during the past 15 years. Driving much of this performance is Bitcoin's robust monetary policy. Centered around an event known as a halving, Bitcoin's supply growth rate iscut in halfevery four years. This process will continue until the last Bitcoin is mined in about 2140, at which point the cryptocurrency will enter unprecedented territory.\nWith the upcoming halving in April, Bitcoin will see its supply growth fall from 1.75% a year to just 0.85%. Historically, in the year of a halving, Bitcoin's price jumps by 120% on average as demand is forced to compete for a tightening supply. Only time will tell if 2024 follows patterns of years past, but even if this year turns out to be an anomaly, Bitcoin's long-term value should stay on a positive trajectory considering trends of increasing adoption and continued reductions to its supply growth as more halvings pass.\nFor those seeking simplicity in their crypto portfolio, few options are more appealing than Bitcoin. As of Feb. 22, the entire crypto asset class was valued at about $2 trillion. Of this, Bitcoin makes up more than $1 trillion. Its closest rival isEthereum, worth just $360 billion.\nDue to this disproportionate valuation, the vast majority of other cryptocurrencies are highly correlated to Bitcoin's price. In other words, if Bitcoin's value rises or falls, the values of most cryptocurrencies will follow suit.\nAlthough other cryptocurrencies may occasionally outperform Bitcoin, they usually possess much greater volatility and risk. During bull markets, some of these cryptocurrencies may rise at a faster clip, but when bear markets set in, the drops become much more severe. While Bitcoin might not produce the 10,000% return that new cryptocurrencies sometimes see, it provides simple and comprehensive exposure to the entire asset class with considerably less risk.\nWe can't talk about Bitcoin without discussing how it has risen to become the most valuable cryptocurrency. Surely its position as the first cryptocurrency to be invented gave it a head start, but the main reason it has maintained this position for roughly 15 years has to do with the distinct characteristics that set it apart from any other cryptocurrency.\nBitcoin is the quintessential cryptocurrency. It is the mostdecentralized, secure, and durable blockchain ever invented. With more than 17,000 nodes globally and estimated to be 500 times more powerful than the best supercomputers in the world, Bitcoin is virtually un-hackable. Best of all though, it has been able to achieve this without any centralized figure or entity overseeing it, a feat no other cryptocurrency can claim.\nWhile Bitcoin may lack the glamor of newer cryptocurrencies, its unparalleled track record positions it as a formidable long-term player. Just like the stock market, survival of the fittest reigns in the crypto realm, and Bitcoin has proven why it is the ultimate survivor.\nFor those with an extra $1,000 at their disposal and looking to gain some exposure to crypto, there's no better option than Bitcoin. Save yourself the hassle, appreciate the beauty in simplicity, and discover how an investment in Bitcoin could be your closest route to long-term portfolio growth.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002*.\nSee the 10 stocks\n*Stock Advisor returns as of February 20, 2024\nRJ Fultonhas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nThe Ultimate Cryptocurrency to Buy With $1,000 Todaywas originally published by The Motley Fool", "TheShiba Inu(CRYPTO: SHIB)cryptocurrency isn't writing headlines anymore, but many investors still pin their hopes on this meme coin for the next sectorwide bull run. It's still among the 20 largest crypto namesmeasured by market cap, with robust daily trading volume.\nUnfortunately, I don't see much real-world developer interest inthe surprisingly capable Shiba Inu ecosystemthese days.\nCrypto-based app activity is on the rise, with the number of veteran developers contributing code to the GitHub code gallery nearly doubling over the last three years, according to Electric Capital's latest developer report. But smart contracts innovatorEthereum(CRYPTO: ETH)utterly dominates the developer interest in every category, withBitcoin(CRYPTO: BTC)in a distant runner-up spot and everyone else trailing far behind.\nThis report never even mentioned Shiba Inu. There's simply nothing going on behind that door.\nOn the other hand, many cryptocurrencies and blockchain networks are hard at work building the Web3 future. From personal banking to content publishing, a plethora of industries are ripe for disruption -- and one token should skyrocket as the online world moves through this sea change.\nElectric Capital ran across a lot ofPolkadot(CRYPTO: DOT)projects. The official blockchain ecosystem of the Web3 Foundation is one of the most active developer communities not named Ethereum, and also one of the fastest-growing networks. Polkadot's army of full-time developers more than tripled in three years, making it the largest app-writing platform after Ethereum and Bitcoin.\nIn other words, consumers and investors will soon see a tsunami of Polkadot-based Web3 apps on their phones, computers, and other online devices. The Polkadot connection may not always be clear or heavily promoted, but the network helps programmers make the most out of many different crypto systems. It'll be the silent force that holds the Web3 revolution together at the seams.\nYet, crypto investors have largely shrugged off Polkadot's promising app-building activity and the DOT token has traded sideways over the last year. Ethereum gained 80% over the same period while Bitcoin landed a 110% jump:\nThe lack of investor excitement doesn't take anything away from Polkadot's real-world usage, though. And that's how the token's value is created. You know what they say about stocks being voting machines in the short term and weighing machines in the long run, right? The same idea holds true for cryptocurrencies, and Polkadot is stacking up a ton of weight on those weighing-machine scales as we speak.\nI can't wait to see what the price chart will do when the first few killer apps open the floodgates for the Web3 era.\nShiba Inu separates itself from other meme coins with a robust technical platform and a community-driven system for developing the blockchain network itself. But the dog-themed marketing that helped it attract the spotlight early on appears to have become a liability more recently. It's just hard to take Shiba Inu seriously, since the value of each digital coin is so vanishingly small. 1 million Shiba Inu coins add up to $10 at today's prices, and it's just hard to keep track of the zeros you should expect after the decimal point.\nPolkadot is just on a different level when it comes to creating real long-term value. It runs an even more sophisticated blockchain network, supported by several helper networks and passing information between different blockchain systems. Its market cap is about twice the size of Shiba Inu's these days, and I expect it to rise through the ranks as the Web3 conversion gains momentum.\nSo the allure of meme coins like Shiba Inu may capture the public's imagination, but savvy investors should look beyond the headlines. Polkadot's technical prowess and its central role in the burgeoning Web3 ecosystem should make it a transformative investment. As the digital world edges closer to a Web3 reality, step by encrypted step, Polkadot's innovative infrastructure and powerful interoperability powers should lead to substantial growth.\nShould you invest $1,000 in Polkadot right now?\nBefore you buy stock in Polkadot, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Polkadot wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002*.\nSee the 10 stocks\n*Stock Advisor returns as of February 20, 2024\nAnders Bylundhas positions in **Last 60 Days of Bitcoin's Closing Prices:** [43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-25 **Financial & Commodity Data:** - Gold Closing Price: $2038.60 - Crude Oil Closing Price: $76.49 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,009,348,826,231 - Hash Rate: 666264217.113437 - Transaction Count: 418801.0 - Unique Addresses: 607478.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: In a remarkable debut, the first U.S. ETFs offering direct exposure to the world’s largest cryptocurrency witnessed extraordinary trading volume, marking a significant milestone in the financial industry. About $4.6 billion was traded in new US spot Bitcoin ETFs on their first day of trading, per LSEG data. This underscores strong investor interest and the potential growth of cryptocurrency in mainstream investment platforms.Grayscale Bitcoin TrustGBTC, transitioning from a trust to an ETF, became the most heavily traded ETF on its debut, with $2.3 billion in trading volume. This was followed by about $1 billion iniShares Bitcoin Trust(IBIT) and $685 million in Fidelity Wise Origin Bitcoin Trust (FBTC).ARK 21Shares Bitcoin ETF(ARKB) andBitwise Bitcoin ETF(BITB) saw more than $278 million and about $122 million, respectively, in trading volume on the day.The astonishing volume surpasses the initial Bitcoin futures fund launched in 2021, which had almost $1 billion in turnover on its first day. The solid trading activity is likely to continue in the days ahead, leading to increased institutional and retail investor participation in the cryptocurrency market (read: A Glimpse Into 11 Spot Bitcoin ETFs Set for Launch Today).This is because the launch of spot Bitcoin ETFs has made it easier for investors to gain exposure to Bitcoin without directly owning the asset. This development would not only legitimize Bitcoin in the eyes of mainstream investors but also provide a more accessible avenue for investment, thereby potentially attracting a fresh influx of capital into the crypto market. As such, spot ETFs are considered to be a game changer for cryptocurrency investors.The approval for the 11 ETFs came after a long history of rejections by the SEC due to concerns about market manipulation, custody issues and the lack of investor protection. In fact, over the years, the SEC has denied more than 30 similar applications.Let’s delve into the abovementioned ETFs in detail:Grayscale Bitcoin Trust (GBTC)Grayscale Bitcoin Trust is the world’s largest Bitcoin ETF, charging 1.50% in annual fees. It owns and passively holds actual Bitcoins through the Custodian, Coinbase Custody.iShares Bitcoin Trust (IBIT)iShares Bitcoin Trust enables investors to access Bitcoin within a traditional brokerage account. It charges 25 bps in annual fees from investors. However, the fee is set to be 0.12% for the first 12 months or on the first $5 billion in assets (read: Bitcoin ETFs Are Almost Here: What Investors Should Know).Fidelity Wise Origin Bitcoin Trust (FBTC)Fidelity Wise Origin Bitcoin Trust offers exposure to the price of bitcoin — without buying bitcoin directly — in brokerage, trust, and tax-advantaged accounts. The entire fee of 0.25% has been waived until Jul 31, 2024.ARK 21Shares Bitcoin ETF (ARKB)ARK 21Shares Bitcoin ETF seeks to track the performance of bitcoin, as measured by the performance of the CME CF Bitcoin Reference Rate – New York Variant. It has an expense ratio of 0.21%, with the fee set to be 0% for the first six months or the first $1 billion in assets.Bitwise Bitcoin ETF (BITB)The Bitwise Bitcoin ETF has the lowest fees among the approved spot Bitcoin ETFs at 0.20%. The fee is set to be 0% for the first six months or the first $1 billion in assets. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report Grayscale Bitcoin Trust (GBTC): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80
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:** ["Navigating the crypto landscape can be a challenge, especially in a bull market when just about every cryptocurrency seems to be rising. With myriad options promising life-changing gains, cutting through the noise is no easy task.\nFor investors looking to find some clarity in a crowded field of options, the best strategy is often the simplest. As with the stock market, it is possible to spread your crypto portfolio too thin, inevitably introducing unnecessary risk.\nOne cryptocurrency stands out as deserving a $1,000 investment today:Bitcoin(CRYPTO: BTC). While this pick may lack originality, its historical performance, market dominance, and unique characteristics make it a standout choice that no other cryptocurrency can match.\nThere is a laundry list of arguments that portray Bitcoin as a risky and volatile asset undeserving of an investment. Although short-term fluctuations are real, a long-term perspective reveals Bitcoin's attractiveness as a robust investment.\nBitcoin has proven itself as the top-performing asset during the past 15 years. Driving much of this performance is Bitcoin's robust monetary policy. Centered around an event known as a halving, Bitcoin's supply growth rate iscut in halfevery four years. This process will continue until the last Bitcoin is mined in about 2140, at which point the cryptocurrency will enter unprecedented territory.\nWith the upcoming halving in April, Bitcoin will see its supply growth fall from 1.75% a year to just 0.85%. Historically, in the year of a halving, Bitcoin's price jumps by 120% on average as demand is forced to compete for a tightening supply. Only time will tell if 2024 follows patterns of years past, but even if this year turns out to be an anomaly, Bitcoin's long-term value should stay on a positive trajectory considering trends of increasing adoption and continued reductions to its supply growth as more halvings pass.\nFor those seeking simplicity in their crypto portfolio, few options are more appealing than Bitcoin. As of Feb. 22, the entire crypto asset class was valued at about $2 trillion. Of this, Bitcoin makes up more than $1 trillion. Its closest rival isEthereum, worth just $360 billion.\nDue to this disproportionate valuation, the vast majority of other cryptocurrencies are highly correlated to Bitcoin's price. In other words, if Bitcoin's value rises or falls, the values of most cryptocurrencies will follow suit.\nAlthough other cryptocurrencies may occasionally outperform Bitcoin, they usually possess much greater volatility and risk. During bull markets, some of these cryptocurrencies may rise at a faster clip, but when bear markets set in, the drops become much more severe. While Bitcoin might not produce the 10,000% return that new cryptocurrencies sometimes see, it provides simple and comprehensive exposure to the entire asset class with considerably less risk.\nWe can't talk about Bitcoin without discussing how it has risen to become the most valuable cryptocurrency. Surely its position as the first cryptocurrency to be invented gave it a head start, but the main reason it has maintained this position for roughly 15 years has to do with the distinct characteristics that set it apart from any other cryptocurrency.\nBitcoin is the quintessential cryptocurrency. It is the mostdecentralized, secure, and durable blockchain ever invented. With more than 17,000 nodes globally and estimated to be 500 times more powerful than the best supercomputers in the world, Bitcoin is virtually un-hackable. Best of all though, it has been able to achieve this without any centralized figure or entity overseeing it, a feat no other cryptocurrency can claim.\nWhile Bitcoin may lack the glamor of newer cryptocurrencies, its unparalleled track record positions it as a formidable long-term player. Just like the stock market, survival of the fittest reigns in the crypto realm, and Bitcoin has proven why it is the ultimate survivor.\nFor those with an extra $1,000 at their disposal and looking to gain some exposure to crypto, there's no better option than Bitcoin. Save yourself the hassle, appreciate the beauty in simplicity, and discover how an investment in Bitcoin could be your closest route to long-term portfolio growth.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002*.\nSee the 10 stocks\n*Stock Advisor returns as of February 20, 2024\nRJ Fultonhas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nThe Ultimate Cryptocurrency to Buy With $1,000 Todaywas originally published by The Motley Fool", "TheShiba Inu(CRYPTO: SHIB)cryptocurrency isn't writing headlines anymore, but many investors still pin their hopes on this meme coin for the next sectorwide bull run. It's still among the 20 largest crypto namesmeasured by market cap, with robust daily trading volume.\nUnfortunately, I don't see much real-world developer interest inthe surprisingly capable Shiba Inu ecosystemthese days.\nCrypto-based app activity is on the rise, with the number of veteran developers contributing code to the GitHub code gallery nearly doubling over the last three years, according to Electric Capital's latest developer report. But smart contracts innovatorEthereum(CRYPTO: ETH)utterly dominates the developer interest in every category, withBitcoin(CRYPTO: BTC)in a distant runner-up spot and everyone else trailing far behind.\nThis report never even mentioned Shiba Inu. There's simply nothing going on behind that door.\nOn the other hand, many cryptocurrencies and blockchain networks are hard at work building the Web3 future. From personal banking to content publishing, a plethora of industries are ripe for disruption -- and one token should skyrocket as the online world moves through this sea change.\nElectric Capital ran across a lot ofPolkadot(CRYPTO: DOT)projects. The official blockchain ecosystem of the Web3 Foundation is one of the most active developer communities not named Ethereum, and also one of the fastest-growing networks. Polkadot's army of full-time developers more than tripled in three years, making it the largest app-writing platform after Ethereum and Bitcoin.\nIn other words, consumers and investors will soon see a tsunami of Polkadot-based Web3 apps on their phones, computers, and other online devices. The Polkadot connection may not always be clear or heavily promoted, but the network helps programmers make the most out of many different crypto systems. It'll be the silent force that holds the Web3 revolution together at the seams.\nYet, crypto investors have largely shrugged off Polkadot's promising app-building activity and the DOT token has traded sideways over the last year. Ethereum gained 80% over the same period while Bitcoin landed a 110% jump:\nThe lack of investor excitement doesn't take anything away from Polkadot's real-world usage, though. And that's how the token's value is created. You know what they say about stocks being voting machines in the short term and weighing machines in the long run, right? The same idea holds true for cryptocurrencies, and Polkadot is stacking up a ton of weight on those weighing-machine scales as we speak.\nI can't wait to see what the price chart will do when the first few killer apps open the floodgates for the Web3 era.\nShiba Inu separates itself from other meme coins with a robust technical platform and a community-driven system for developing the blockchain network itself. But the dog-themed marketing that helped it attract the spotlight early on appears to have become a liability more recently. It's just hard to take Shiba Inu seriously, since the value of each digital coin is so vanishingly small. 1 million Shiba Inu coins add up to $10 at today's prices, and it's just hard to keep track of the zeros you should expect after the decimal point.\nPolkadot is just on a different level when it comes to creating real long-term value. It runs an even more sophisticated blockchain network, supported by several helper networks and passing information between different blockchain systems. Its market cap is about twice the size of Shiba Inu's these days, and I expect it to rise through the ranks as the Web3 conversion gains momentum.\nSo the allure of meme coins like Shiba Inu may capture the public's imagination, but savvy investors should look beyond the headlines. Polkadot's technical prowess and its central role in the burgeoning Web3 ecosystem should make it a transformative investment. As the digital world edges closer to a Web3 reality, step by encrypted step, Polkadot's innovative infrastructure and powerful interoperability powers should lead to substantial growth.\nShould you invest $1,000 in Polkadot right now?\nBefore you buy stock in Polkadot, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Polkadot wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002*.\nSee the 10 stocks\n*Stock Advisor returns as of February 20, 2024\nAnders Bylundhas positions in **Last 60 Days of Bitcoin's Closing Prices:** [43442.86, 42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-02-25 **Financial & Commodity Data:** - Gold Closing Price: $2038.60 - Crude Oil Closing Price: $76.49 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,009,348,826,231 - Hash Rate: 666264217.113437 - Transaction Count: 418801.0 - Unique Addresses: 607478.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: In a remarkable debut, the first U.S. ETFs offering direct exposure to the world’s largest cryptocurrency witnessed extraordinary trading volume, marking a significant milestone in the financial industry. About $4.6 billion was traded in new US spot Bitcoin ETFs on their first day of trading, per LSEG data. This underscores strong investor interest and the potential growth of cryptocurrency in mainstream investment platforms.Grayscale Bitcoin TrustGBTC, transitioning from a trust to an ETF, became the most heavily traded ETF on its debut, with $2.3 billion in trading volume. This was followed by about $1 billion iniShares Bitcoin Trust(IBIT) and $685 million in Fidelity Wise Origin Bitcoin Trust (FBTC).ARK 21Shares Bitcoin ETF(ARKB) andBitwise Bitcoin ETF(BITB) saw more than $278 million and about $122 million, respectively, in trading volume on the day.The astonishing volume surpasses the initial Bitcoin futures fund launched in 2021, which had almost $1 billion in turnover on its first day. The solid trading activity is likely to continue in the days ahead, leading to increased institutional and retail investor participation in the cryptocurrency market (read: A Glimpse Into 11 Spot Bitcoin ETFs Set for Launch Today).This is because the launch of spot Bitcoin ETFs has made it easier for investors to gain exposure to Bitcoin without directly owning the asset. This development would not only legitimize Bitcoin in the eyes of mainstream investors but also provide a more accessible avenue for investment, thereby potentially attracting a fresh influx of capital into the crypto market. As such, spot ETFs are considered to be a game changer for cryptocurrency investors.The approval for the 11 ETFs came after a long history of rejections by the SEC due to concerns about market manipulation, custody issues and the lack of investor protection. In fact, over the years, the SEC has denied more than 30 similar applications.Let’s delve into the abovementioned ETFs in detail:Grayscale Bitcoin Trust (GBTC)Grayscale Bitcoin Trust is the world’s largest Bitcoin ETF, charging 1.50% in annual fees. It owns and passively holds actual Bitcoins through the Custodian, Coinbase Custody.iShares Bitcoin Trust (IBIT)iShares Bitcoin Trust enables investors to access Bitcoin within a traditional brokerage account. It charges 25 bps in annual fees from investors. However, the fee is set to be 0.12% for the first 12 months or on the first $5 billion in assets (read: Bitcoin ETFs Are Almost Here: What Investors Should Know).Fidelity Wise Origin Bitcoin Trust (FBTC)Fidelity Wise Origin Bitcoin Trust offers exposure to the price of bitcoin — without buying bitcoin directly — in brokerage, trust, and tax-advantaged accounts. The entire fee of 0.25% has been waived until Jul 31, 2024.ARK 21Shares Bitcoin ETF (ARKB)ARK 21Shares Bitcoin ETF seeks to track the performance of bitcoin, as measured by the performance of the CME CF Bitcoin Reference Rate – New York Variant. It has an expense ratio of 0.21%, with the fee set to be 0% for the first six months or the first $1 billion in assets.Bitwise Bitcoin ETF (BITB)The Bitwise Bitcoin ETF has the lowest fees among the approved spot Bitcoin ETFs at 0.20%. The fee is set to be 0% for the first six months or the first $1 billion in assets. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report Grayscale Bitcoin Trust (GBTC): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['• Global brokerage firm OANDA is officially opening for crypto trading in the UK.\n• OANDA Crypto will be based in London and comes with FCA registration thanks to last year’s acquisition of Coinpass.\nU.S.-based forex pioneer OANDA is opening a cryptocurrency trading platform in the UK, registered with the country’s regulator, the Financial Conduct Authority (FCA), based in London and dubbed OANDA Crypto.\nIt’s the summation of last year’s acquisition of a majority stake in FCA-registered crypto firm Coinpass, and will offer trading in over 63 cryptocurrency pairs, including Bitcoin, Ether, and Ripple, with plans to add more tokens and features over the course of the year, the company said.\nWhile some crypto-focused companies tend to stay away from places like the U.S. and other heavily regulated jurisdictions, this was an attractive feature for OANDA, said the firm’s head of digital assets Lucian Lauerman.\n“The UK has a high level of participation and is a very well educated and active market,” Lauerman said in an interview. “What we liked about the opportunity in the UK, when it comes to crypto, is that it’s becoming more aligned with the markets where we’ve traditionally operated. The regulatory bar has been set slightly higher.”\nOANDA already offers crypto in the U.S. via a partnership with New York State Department of Financial Services-regulated Paxos. The brokerage also refocused its mainland Europe operations away from Malta to Warsaw in Poland, with the acquisition of Polish broker Dom Maklerski TMS Brokers SA, which was rebranded to OANDA TMS.', "Despite ongoing outflows, Grayscale'sBitcoinTrust (GBTC) appears to be bleeding slower. Withdrawals havereachedtheir lowest point since its conversion to an ETF in January, with daily amounts dropping to $44.2 million on February 23.\nThis slowdown comes after significant outflows earlier in the year. By the end of January, GBTC had witnessed over $5.64 billion in withdrawals, including a single-day exit of $640 million. So far in February, outflows have totaled around $1.8 billion, bringing the overall figure since inception to $7.4 billion.\nHowever, these outflows seem to be favoring competing Bitcoin ETFs. BlackRock's IBIT, for instance, has attracted over $6.6 billion in investments since its launch, followed by Fidelity's FBTC with $4.7 billion.\nThe arrival of spot Bitcoin ETFs offered existing GBTC holders the option to convert and redeem their shares, which is seen as a key reason for the initial outflow surge. Additionally, the lower fees of competing ETFs, some charging as little as 0.19% compared to GBTC's 1.5%, have enticed investors to rebalance their portfolios.\nThe recent court approval for bankrupt crypto firm Genesis to sell $1.3 billion in GBTC shares to repay creditors adds another layer of complexity. While the future trajectory of GBTC remains uncertain, the slowed outflow pace suggests a potential stabilization.", 'While the potential approval of a spot Ethereum ETF has been cited as a reason for Ethereum\'s recent price increase, Grayscale Investments offers a different perspective. In a recentreport, the asset manager suggests the upcoming Dencun upgrade, scheduled for March 13, 2024, is the true driver behind the surge.\nGrayscale analyst William Ogden Moore argues that the market anticipates the upgrade\'s ability to improve transaction throughput and cost reduction, making Ethereum more competitive with faster blockchains like Solana. While bullish on Ethereum, the report acknowledges the cryptocurrency\'s underperformance compared to its sector in 2023, particularly against Solana\'s impressive 900% growth.\nThis bullish stance from Grayscale might be influenced by their ongoing efforts to convert their Ethereum trust into a spot Ethereum ETF. With spotBitcoinETFs already approved, some predict similar approval for the Ethereum equivalent by May 2024.\nBeyond Dencun and potential ETF approval, Grayscale also highlights "net deflationary supply" and "network revenue generation" as factors contributing to Ethereum\'s future. Additionally, the report emphasizes Ethereum\'s potential to recapture lost ground in the smart contract application market. They believe that by becoming more competitive in throughput and cost, Ethereum can attract applications requiring high levels of security and censorship resistance, such as stablecoins and tokenized financial assets.', 'Business intelligence firm MicroStrategy\'s X account has beenhacked, with malicious links posted to a fake airdrop of a so-called "official" Ethereum-based MSTR token. Users who clicked on the links were directed to a copycat MicroStrategy webpage that prompted them to connect their wallets and claim the fake airdrop. Once users granted the necessary permissions, the attackers were able to automatically drain their wallets.\nAccording to blockchain sleuth ZachXBT and anti-scam platform Scam Sniffer, losses from the scam have already exceeded $440,000. One user alone lost over $420,000 worth of altcoins, including wBAI, CHEX, and wPOKT. The MicroStrategy attacker\'s wallet currently holds over $329,000 worth of Ethereum-based tokens.\nCrypto industry experts have criticized the scam for its obvious nature. MicroStrategy is a firm that is exclusively focused onBitcoin, and it is highly unlikely that it would launch a token on Ethereum. Founder and Chairman Michael Saylor is a vocal Bitcoin proponent, and hascalled the ETF approvals a catalystfor a major bull run.\nMicroStrategy has not yet publicly commented on the hack. However, the company has a history of being targeted by scammers. In 2022, the company\'s CEO, Michael Saylor, was impersonated on social media in an attempt to promote a fake cryptocurrency giveaway. MicroStrategy recentlyannounced a purchase of $37 million worth of BTCin its earnings call, bringing their total holdings to over $8.1 billion.', 'Uniswapgovernanceproposal looks to implement the long-awaited revenue share for UNIstakers, sending shockwaves through theDeFispace. Delta-neutralstablecoinproject Ethena, goes live onmainnet, launching their Shard campaign as well, whileSushilaunches Sushi Bonds, a new way for protocols to bootstrap sticky liquidity.\nTotal Value Locked(TVL) across all chains continue climbing higher, despite weakness across variousaltcoinsand ecosystem tokens. Notable outperformers includezero-knowledge rollup,StarkNet, which saw inflows in anticipation for their incentives program, and Scroll, which saw a similar increase, likely due to an influx ofairdropfarmers after several cryptic tweets by the Scroll team.\nSource: https://coinmarketcap.com/chain-ranking/\nAs the mainnet launch for the controversialBlastL2approaches, The L2 is shaping up to become the second largest L2 by TVL on launch. Ash covers all the main projects building on the Blast testnet so far includingdecentralized exchanges(DEXs),money markets,perpetualDEXs,NFTmarketplaces, GambleFi, games and more.\nUniswap Foundation proposes a governance proposal to implement the fee switch for stakers of the UNI token, in a revolutionary move for the project. While not passed yet, the move has triggered renewed interest in DeFi tokens, which have long seen underperformance against the wider market.\nEthena Labs goes live onEthereumtogether with its Shard Campaign. Users can now earn Shards through holding Ethena’s stablecoin,USDe, providing liquidity for USDepools, staking or locking USDe. These shards are expected to convert to Ethena’s own token once the token is launched.\nOther Product Launches and Updates\n• Frax Financefounder,Sam Kazemian, teases the upcoming snapshot for FXS lockers, leading up to the launch of Frax Finance’s own chain, Fractal. The snapshot will airdrop FXTL points to eligible veFXS stakers.\n• Leverageprotocol,Gearbox, unveils leveraged EigenLayer restaking. ThroughGearbox’s strategies, users can now earn up to 9.5xEigenLayerpoints or 19.5x EtherFi points, depending on the leverage they choose to take on.\n• Liquid restaking protocol,KelpDAO, announces the launch of their point system, Kelp Earned Points (KEP), which users can earn by minting and holdingrsETH, KelpDAO’s restaking token.\n• Bridgingprotocol,Across Protocol, releases Across V3, which brings to the bridge an intents-focused approach to bridging using across-chainsettlement layer and bridge hooks, as well as upgrades to the bridge for a better user experience.\n• Zircuit is now open for staking. Users can deposit selectedliquid staking tokensor liquid restaking tokens to earn Zircuit points. All deposited tokens will continue to earn their respective points and yields, such as EigenLayer Points, staking yields and more.\nMulti-chainDEX, Sushi, announces Sushi Bonds, an alternative toliquidity miningto incentivize more sticky liquidity on protocols while allowing token buyers to purchase tokens on discount. Sushi Bonds are currently live, supporting four projects onArbitrumand one onPolygon.\nBlast announces the winners for the Big Bang competition, which selects some of the most innovative and interesting applications building on Blast. Blast has allocated 50% of the Blast airdrop to these applications, with a large portion allocated to Big Bang winners.\nOther Product Launches and Updates\n• Popular perpetuals DEX,GMX, announces a proposal to introduce a GMX chain, which would useGMXas itsgastoken, to explore various possible expansions for the protocol.\n• MYX Finance launches on Arbitrum, bringing to the chain a new perpetuals DEX, powered by its novel Matching Pool Mechanism to provide zeroslippageand zero borrowing cost trading to its users.\n• Optionsprotocol,Lyra, launches their own wallet, Lyra Wallet, enabling users to onboard more easily, using only their email, Google or Apple accounts to sign up. LyraWalletis powered by Coinbase’s Wallet-as-a-Service product.\n• ModularDeFi L2,Mode Network, releases its L3 chain, Mode Flare, on mainnet. Mode Flare is powered by th **Last 60 Days of Bitcoin's Closing Prices:** [42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-26 **Financial & Commodity Data:** - Gold Closing Price: $2028.50 - Crude Oil Closing Price: $77.58 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,009,702,551,812 - Hash Rate: 540324029.7322387 - Transaction Count: 356184.0 - Unique Addresses: 620435.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Spot bitcoin ETFs from the largest issuers are separating themselves from the pack of 10 that launched earlier this month, as the race for billions of investor dollars flowing into the crypto investments begins to declare winners and losers. TheiShares Bitcoin ETF (IBIT)and theFidelity Wise Origin Bitcoin Fund (FBTC)have gathered $2.8 billion and $2.2 billion in assets under management, respectively, since their Jan. 11 debut, according to Bloomberg data. Each of those totals is larger than the next seven spot bitcoin exchange-traded funds combined. TheARK 21 Shares Bitcoin ETF (ARKB)and theBitwise Bitcoin ETF (BITB)have $662 million and $634 million in AUM, respectively, while the rest of the pack has $307 million or less. [{"Fund Name": "Grayscale Bitcoin Trust BTC", "Ticker": "GBTC", "AUM ($million)": "21,215"}, {"Fund Name": "iShares Bitcoin Trust", "Ticker": "IBIT", "AUM ($million)": "2,769"}, {"Fund Name": "Fidelity Wise Origin Bitcoin Fund", "Ticker": "FBTC", "AUM ($million)": "2,201"}, {"Fund Name": "ARK 21Shares Bitcoin ETF", "Ticker": "ARKB", "AUM ($million)": "662"}, {"Fund Name": "Bitwise Bitcoin ETF", "Ticker": "BITB", "AUM ($million)": "634"}, {"Fund Name": "Invesco Galaxy Bitcoin Etf", "Ticker": "BTCO", "AUM ($million)": "307"}, {"Fund Name": "VanEck Bitcoin Trust", "Ticker": "HODL", "AUM ($million)": "128"}, {"Fund Name": "Valkyrie Bitcoin Fund", "Ticker": "BRRR", "AUM ($million)": "115"}, {"Fund Name": "Franklin Bitcoin ETF", "Ticker": "EZBC", "AUM ($million)": "62"}, {"Fund Name": "WisdomTree Bitcoin Fund", "Ticker": "BTCW", "AUM ($million)": "11"}] The outcome may not necessarily surprise anyone.BlackRockwas expected to eventually take the spot bitcoin ETF crown thanks to its position as the largest asset manager in the world, as well as the largest ETF issuer in the U.S. And as the third largest brokerage firm with a massive asset management business of its own,Fidelitywas also anticipated to be a big player in the space. As expectations are now being met, the gap between IBIT, FBTC and the rest of the pack will likely widen. Still, when or if either of those ETFs grabs the spot bitcoin ETF crown from theGrayscale Bitcoin Trust (GBTC)is open to debate. Since its conversion into an ETF, investors have pulled $5.5 billion out of GBTC, pushing its AUM down to $21.2 billion, according to Bloomberg data. But that still leaves it 10 times bigger than Fidelity’s ETF and almost eight times bigger than BlackRock’s fund. The outflows from GBTC are already slowing. Most investors who were going to swap out of the relatively-expensive GBTC and into cheaper alternatives have already done so, while arbitrageurs who bought the trust at a discount before its conversion have already locked in their gains. On the other hand anyone interested in investing in bitcoin through ETFs probably won’t choose GBTC over its competitors due to its high fees, so it’s unlikely that the trust sees substantial inflows anytime soon. Still, IBIT or FBTC taking over GBTC as the largest spot bitcoin ETF will take time. Assuming prices for bitcoin stay flat, it would take almost $20 billion of inflows for either ETF to eclipse GBTC in terms of total assets. If bitcoin prices rise, it will take even larger inflows since GBTC’s AUM will disproportionately benefit from that increase (a 10% increase in GBTC’s AUM is $2.1 billion, while the same increase in IBIT’s AUM is only $200 million). The task becomes easier if bitcoin prices fall. In that scenario, GBTC’s AUM will decline faster than that of either IBIT or FBTC (on a dollar basis), closing the gap between the funds. Permalink| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): [['u/Subushie', 'The United States health care system was attacked this week Pt.2: ConnectWise', 73, '2024-02-26 00:34', 'https://www.reddit.com/r/conspiracy/comments/1b02n74/the_united_states_health_care_system_was_attacked/', '*^(This sub is described to be for discussions about issues which have captured your imagination; this story has been a fun ride and certainly did for me. There is this whole underground criminal ecosystem that just runs in the background, raking in hundreds of millions of dollars a year, and almost no one really knows it\'s happening. I wrote this on 02/24; and was on the fence about publishing it- but at the least, you will enjoy this story too. In this post, I offer articles available to everyone in the timeline they occurred over the last week. Additionally, I am only moderately educated in tech- so some of the jargon I use may not be the usual standard. At the end of the day, the conspiracy here is that I believe these stories are brushed under the rug because of how serious of a threat this really is; conclusions about the situation I outline here and its potential outcome I leave to you.)*\n\n​\n\n>‘It\'s odd because now our work has shifted to not getting ahead of the vulnerability and understanding it and sharing the intel, **it\'s watching the internet burn and trying to respond and remediate the best we ca**n. We\'re watching the world burn.’ \n> \n>*John Hammond* \n*Principal Security Researcher at threat hunting firm Huntress* \n*02/23.*\n\n# 02/19 Not a Bug, a Feature\n\nOn February 13th, a crowdsourced research team reached out to major IT company ConnectWise explaining a Proof of Concept (PoC) vulnerability within the company\'s flagship product ScreenConnect; the PoC outlines that these servers could be breached using a very simple flaw that allows hackers to create an Administrative account inside the server; by creating an administrative account, the hacker is then able to essentially do whatever they want with the machines connected to them. ScreenConnect servers host hundreds of thousands of endpoints (other PCs) across the world, **the majority of these servers are used by local governments, emergency systems, and healthcare organizations.**\n\nThis flaw is being tracked as **CVE-2024-1709** (also called "the ScreenConnect Authentication Bypass") and described in a security bulletin by ArcticWolf as "embarrassingly easy" to execute. A video here posted on 02/20 shows how simple it is to accomplish- the ethical hacker finishes the exploit\'s steps in under 30 seconds and ends with "PLEASE PATCH". A detailed analysis of the bug by Huntress says\n\n>*Once you have administrative access to a compromised instance, it is trivial to create and upload a malicious ScreenConnect extension to gain Remote Code Execution (RCE).* ***This is not a vulnerability, but a feature of ScreenConnec****t, which allows an administrator to create extensions that execute .Net code as SYSTEM on the ScreenConnect server*\n\nCVE-2024-1709 has been listed to have a Common Vulnerability Scoring System (CVSS) score of 10. IT experts use the CVSS to identify the scope and impact.\n\n>*It is very common to see vulnerabilities with a base score of 9.8, but much less common to see any with CVSS 10.0. The difference in CVSS score is primarily due to the scope metric.....A vulnerability with CVSS 9.8 has the most severe exploit-ability and impact metrics, but its impact does not extend beyond the vulnerable component. However, while a vulnerability with CVSS 10.0 also has the most severe exploit-ability and most often the highest impact metrics, its impact extends also beyond the vulnerable component.*\n\nConnectWise posted a public notice on February 19th, recommending that clients update to a new patch (23.9.8) that corrected this issue. Prior to this update (which is now being offered for free as of 02/23) clients needed to pay a monthly maintenance fee to continue to receive updates. By the end of the day Monday, several thousands online-connected servers were identified to still be operating on patch 23.9.7 or earlier. Making these servers and all their endpoints vulnerable to intrusion.\n\n# 02/20 Operation Cronos\n\nThe United States\' Cybersecurity and Infrastructure Security Agency (CSIA), Federal Bureau of Investigations (FBI), The National Crime Agency (NCA), in a joint effort with 9 other countries; released information about the completion of a few year investigation code-named \'**Cronos**\' into a online cyber-gang named "**LockBit**" that specializes in Ransom as a Service (RaaS) attacks. Operation Cronos reportedly resulted in international arrests, shuttered 35 servers in the UK and US, 2 official arrests, and seizure of millions in crypto currency assets.\n\nAuthorities digging through the Bitcoin addresses are beginning to think the organization may have generated more than $1 billion in ransom since it\'s inception 4 years ago because of the \\~20% cut they usually take with their investors; meaning the seized cryptocurrency likely amounted to significantly more in actual income.\n\n**Ransomware as a Service**\n\nOver the years cyber-gangs like LockBit have acted as threat actors for nation-state governments such as Russia, Korea, China, and Iran. The service they provide works like this:\n\n1. A entity hires a Cyber gang like LockBit to attack vulnerabilities in systems when they become available. The hiring entity pay a small commission to the cyber-gang, and then they get to work.\n2. The hackers install malware with these vulnerabilities that encrypts the victim\'s entire drive aside from the base configuration files. Allowing the user to still have access to their computer; but losing their data. The user is then prompted with an ominous message explaining the situation, and that they have a certain amount of days to pay LockBit or their information will be lost permanently.\n3. If the victim pays the attackers in time; the money is split with the entity that hired them and the decryption key is provided to the victim. If the allotted time passes with no payment or action, the victim loses their chance to recover the data on their drive. Their organization still profits as they keep the initial contract fee and will now attempt to sell the victim\'s data online.\n\n[The LockBit 3.0 Ransom screen](https://preview.redd.it/wqh6faqdftkc1.jpg?width=763&format=pjpg&auto=webp&s=bc3d6fa68a295011c2e891ac6f9afa84ce1776e1)\n\nDepending on the victim, these costs can be rather "reasonable" compared to something you\'d expect in a movie; that\'s because they want you to actually be able to pay. They usually target companies that would provide valuable data to sell if payment isn\'t sent; but individual users have been attacked as well. They also do not usually attack the same place twice- all in the pursuit of handling this business professionally so they do not damage their "reputation"; and again, it\'s just so they will get paid. They usually do; this is because these organizations operate out of countries such as Russia, where these crimes are not against-the-law when they are targeted at western countries.\n\nAdjacent cyber-gangs that also offer similar services include names like Cl0p, Akira, Play, ALPHV/Blackcat, and Rhyside.\n\n[DoT Sanction Press Release](https://preview.redd.it/ekcz6ba1htkc1.jpg?width=1543&format=pjpg&auto=webp&s=22077c8b70be492f33789a217031ccf84cee14ee)\n\nThe US Department of the Treasury and the Office of Foreign Assets Control posted trade sanctions that afternoon against hackers Ivan Kondratiev and Artur Ravilevich; announcing that any US based assets in their name would be seized and must be reported to the OFAC, anyone caught conducting trade with these individuals would be subject to arrest and potentially have the same sanctions posted on them. Additionally they posted a listing containing what they said to be the names of every individual associated with the cyber-gang.\n\n[List of LockBit affiliates released by Operation Cronos 02\\/21](https://preview.redd.it/0kpwkrugftkc1.png?width=1689&format=png&auto=webp&s=0e83dfc62dd58f51dfa2b15f19082a13975c1c0d)\n\nThe Cronos strike team claimed they only released one name per individual, with the reason they\'ve shared it is to prove to the LockBit gang that they know who they are, and they are coming for them.\n\nIn addition to the seizures and arrests; Japan\'s National Police Agency claimed they were able to create a free decryptor for the LockBit 3.0 malware or LockBit Black from the software found in the confiscated hardware, and is asking that any victims of this malware reach-out for assistance in unlocking their data.\n\nTokyo-based cybersecurity firm Trend Micro which assisted with the Project Cronos LockBit investigation also had this to add\n\n>*The ransomware operation was working on the "next-generation" crypto-locking malware, dubbed* ***LockBit-NG-Dev****, "which could be an upcoming version the group might consider as a true 4.0 version once complete,"*\n\nThe language suggests that although 3.0 was used to create a decryptor, this is not the case with the new LockBit-NG-Dev variant.\n\n**LockBit Ethics**\n\nLockBit in the past has explained they have strict rules as to what targets are allowed by their members; one of those being that Hospitals are strictly off the table-\n\nIn December 2022, a LockBit member attacked a the Toronto Children\'s hospital SickKids. LockBit shortly after provided the decryption key to the hospital and released an apology statement on Twitter.\n\n>*We formally apologize for the attack on sikkids(.)ca and give back the decryptor for free, the partner who attacked this hospital violates our rules, is blocked and is no longer in our affiliate program.*\n\nHowever now, the crime organization has appeared to have backtracked on those rules. In late January 2024, two Chicago hospitals were attacked using the LockBit software. On January 31st, the hospital\'s ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['• Global brokerage firm OANDA is officially opening for crypto trading in the UK.\n• OANDA Crypto will be based in London and comes with FCA registration thanks to last year’s acquisition of Coinpass.\nU.S.-based forex pioneer OANDA is opening a cryptocurrency trading platform in the UK, registered with the country’s regulator, the Financial Conduct Authority (FCA), based in London and dubbed OANDA Crypto.\nIt’s the summation of last year’s acquisition of a majority stake in FCA-registered crypto firm Coinpass, and will offer trading in over 63 cryptocurrency pairs, including Bitcoin, Ether, and Ripple, with plans to add more tokens and features over the course of the year, the company said.\nWhile some crypto-focused companies tend to stay away from places like the U.S. and other heavily regulated jurisdictions, this was an attractive feature for OANDA, said the firm’s head of digital assets Lucian Lauerman.\n“The UK has a high level of participation and is a very well educated and active market,” Lauerman said in an interview. “What we liked about the opportunity in the UK, when it comes to crypto, is that it’s becoming more aligned with the markets where we’ve traditionally operated. The regulatory bar has been set slightly higher.”\nOANDA already offers crypto in the U.S. via a partnership with New York State Department of Financial Services-regulated Paxos. The brokerage also refocused its mainland Europe operations away from Malta to Warsaw in Poland, with the acquisition of Polish broker Dom Maklerski TMS Brokers SA, which was rebranded to OANDA TMS.', "Despite ongoing outflows, Grayscale'sBitcoinTrust (GBTC) appears to be bleeding slower. Withdrawals havereachedtheir lowest point since its conversion to an ETF in January, with daily amounts dropping to $44.2 million on February 23.\nThis slowdown comes after significant outflows earlier in the year. By the end of January, GBTC had witnessed over $5.64 billion in withdrawals, including a single-day exit of $640 million. So far in February, outflows have totaled around $1.8 billion, bringing the overall figure since inception to $7.4 billion.\nHowever, these outflows seem to be favoring competing Bitcoin ETFs. BlackRock's IBIT, for instance, has attracted over $6.6 billion in investments since its launch, followed by Fidelity's FBTC with $4.7 billion.\nThe arrival of spot Bitcoin ETFs offered existing GBTC holders the option to convert and redeem their shares, which is seen as a key reason for the initial outflow surge. Additionally, the lower fees of competing ETFs, some charging as little as 0.19% compared to GBTC's 1.5%, have enticed investors to rebalance their portfolios.\nThe recent court approval for bankrupt crypto firm Genesis to sell $1.3 billion in GBTC shares to repay creditors adds another layer of complexity. While the future trajectory of GBTC remains uncertain, the slowed outflow pace suggests a potential stabilization.", 'While the potential approval of a spot Ethereum ETF has been cited as a reason for Ethereum\'s recent price increase, Grayscale Investments offers a different perspective. In a recentreport, the asset manager suggests the upcoming Dencun upgrade, scheduled for March 13, 2024, is the true driver behind the surge.\nGrayscale analyst William Ogden Moore argues that the market anticipates the upgrade\'s ability to improve transaction throughput and cost reduction, making Ethereum more competitive with faster blockchains like Solana. While bullish on Ethereum, the report acknowledges the cryptocurrency\'s underperformance compared to its sector in 2023, particularly against Solana\'s impressive 900% growth.\nThis bullish stance from Grayscale might be influenced by their ongoing efforts to convert their Ethereum trust into a spot Ethereum ETF. With spotBitcoinETFs already approved, some predict similar approval for the Ethereum equivalent by May 2024.\nBeyond Dencun and potential ETF approval, Grayscale also highlights "net deflationary supply" and "network revenue generation" as factors contributing to Ethereum\'s future. Additionally, the report emphasizes Ethereum\'s potential to recapture lost ground in the smart contract application market. They believe that by becoming more competitive in throughput and cost, Ethereum can attract applications requiring high levels of security and censorship resistance, such as stablecoins and tokenized financial assets.', 'Business intelligence firm MicroStrategy\'s X account has beenhacked, with malicious links posted to a fake airdrop of a so-called "official" Ethereum-based MSTR token. Users who clicked on the links were directed to a copycat MicroStrategy webpage that prompted them to connect their wallets and claim the fake airdrop. Once users granted the necessary permissions, the attackers were able to automatically drain their wallets.\nAccording to blockchain sleuth ZachXBT and anti-scam platform Scam Sniffer, losses from the scam have already exceeded $440,000. One user alone lost over $420,000 worth of altcoins, including wBAI, CHEX, and wPOKT. The MicroStrategy attacker\'s wallet currently holds over $329,000 worth of Ethereum-based tokens.\nCrypto industry experts have criticized the scam for its obvious nature. MicroStrategy is a firm that is exclusively focused onBitcoin, and it is highly unlikely that it would launch a token on Ethereum. Founder and Chairman Michael Saylor is a vocal Bitcoin proponent, and hascalled the ETF approvals a catalystfor a major bull run.\nMicroStrategy has not yet publicly commented on the hack. However, the company has a history of being targeted by scammers. In 2022, the company\'s CEO, Michael Saylor, was impersonated on social media in an attempt to promote a fake cryptocurrency giveaway. MicroStrategy recentlyannounced a purchase of $37 million worth of BTCin its earnings call, bringing their total holdings to over $8.1 billion.', 'Uniswapgovernanceproposal looks to implement the long-awaited revenue share for UNIstakers, sending shockwaves through theDeFispace. Delta-neutralstablecoinproject Ethena, goes live onmainnet, launching their Shard campaign as well, whileSushilaunches Sushi Bonds, a new way for protocols to bootstrap sticky liquidity.\nTotal Value Locked(TVL) across all chains continue climbing higher, despite weakness across variousaltcoinsand ecosystem tokens. Notable outperformers includezero-knowledge rollup,StarkNet, which saw inflows in anticipation for their incentives program, and Scroll, which saw a similar increase, likely due to an influx ofairdropfarmers after several cryptic tweets by the Scroll team.\nSource: https://coinmarketcap.com/chain-ranking/\nAs the mainnet launch for the controversialBlastL2approaches, The L2 is shaping up to become the second largest L2 by TVL on launch. Ash covers all the main projects building on the Blast testnet so far includingdecentralized exchanges(DEXs),money markets,perpetualDEXs,NFTmarketplaces, GambleFi, games and more.\nUniswap Foundation proposes a governance proposal to implement the fee switch for stakers of the UNI token, in a revolutionary move for the project. While not passed yet, the move has triggered renewed interest in DeFi tokens, which have long seen underperformance against the wider market.\nEthena Labs goes live onEthereumtogether with its Shard Campaign. Users can now earn Shards through holding Ethena’s stablecoin,USDe, providing liquidity for USDepools, staking or locking USDe. These shards are expected to convert to Ethena’s own token once the token is launched.\nOther Product Launches and Updates\n• Frax Financefounder,Sam Kazemian, teases the upcoming snapshot for FXS lockers, leading up to the launch of Frax Finance’s own chain, Fractal. The snapshot will airdrop FXTL points to eligible veFXS stakers.\n• Leverageprotocol,Gearbox, unveils leveraged EigenLayer restaking. ThroughGearbox’s strategies, users can now earn up to 9.5xEigenLayerpoints or 19.5x EtherFi points, depending on the leverage they choose to take on.\n• Liquid restaking protocol,KelpDAO, announces the launch of their point system, Kelp Earned Points (KEP), which users can earn by minting and holdingrsETH, KelpDAO’s restaking token.\n• Bridgingprotocol,Across Protocol, releases Across V3, which brings to the bridge an intents-focused approach to bridging using across-chainsettlement layer and bridge hooks, as well as upgrades to the bridge for a better user experience.\n• Zircuit is now open for staking. Users can deposit selectedliquid staking tokensor liquid restaking tokens to earn Zircuit points. All deposited tokens will continue to earn their respective points and yields, such as EigenLayer Points, staking yields and more.\nMulti-chainDEX, Sushi, announces Sushi Bonds, an alternative toliquidity miningto incentivize more sticky liquidity on protocols while allowing token buyers to purchase tokens on discount. Sushi Bonds are currently live, supporting four projects onArbitrumand one onPolygon.\nBlast announces the winners for the Big Bang competition, which selects some of the most innovative and interesting applications building on Blast. Blast has allocated 50% of the Blast airdrop to these applications, with a large portion allocated to Big Bang winners.\nOther Product Launches and Updates\n• Popular perpetuals DEX,GMX, announces a proposal to introduce a GMX chain, which would useGMXas itsgastoken, to explore various possible expansions for the protocol.\n• MYX Finance launches on Arbitrum, bringing to the chain a new perpetuals DEX, powered by its novel Matching Pool Mechanism to provide zeroslippageand zero borrowing cost trading to its users.\n• Optionsprotocol,Lyra, launches their own wallet, Lyra Wallet, enabling users to onboard more easily, using only their email, Google or Apple accounts to sign up. LyraWalletis powered by Coinbase’s Wallet-as-a-Service product.\n• ModularDeFi L2,Mode Network, releases its L3 chain, Mode Flare, on mainnet. Mode Flare is powered by th **Last 60 Days of Bitcoin's Closing Prices:** [42627.86, 42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-02-26 **Financial & Commodity Data:** - Gold Closing Price: $2028.50 - Crude Oil Closing Price: $77.58 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,009,702,551,812 - Hash Rate: 540324029.7322387 - Transaction Count: 356184.0 - Unique Addresses: 620435.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Spot bitcoin ETFs from the largest issuers are separating themselves from the pack of 10 that launched earlier this month, as the race for billions of investor dollars flowing into the crypto investments begins to declare winners and losers. TheiShares Bitcoin ETF (IBIT)and theFidelity Wise Origin Bitcoin Fund (FBTC)have gathered $2.8 billion and $2.2 billion in assets under management, respectively, since their Jan. 11 debut, according to Bloomberg data. Each of those totals is larger than the next seven spot bitcoin exchange-traded funds combined. TheARK 21 Shares Bitcoin ETF (ARKB)and theBitwise Bitcoin ETF (BITB)have $662 million and $634 million in AUM, respectively, while the rest of the pack has $307 million or less. [{"Fund Name": "Grayscale Bitcoin Trust BTC", "Ticker": "GBTC", "AUM ($million)": "21,215"}, {"Fund Name": "iShares Bitcoin Trust", "Ticker": "IBIT", "AUM ($million)": "2,769"}, {"Fund Name": "Fidelity Wise Origin Bitcoin Fund", "Ticker": "FBTC", "AUM ($million)": "2,201"}, {"Fund Name": "ARK 21Shares Bitcoin ETF", "Ticker": "ARKB", "AUM ($million)": "662"}, {"Fund Name": "Bitwise Bitcoin ETF", "Ticker": "BITB", "AUM ($million)": "634"}, {"Fund Name": "Invesco Galaxy Bitcoin Etf", "Ticker": "BTCO", "AUM ($million)": "307"}, {"Fund Name": "VanEck Bitcoin Trust", "Ticker": "HODL", "AUM ($million)": "128"}, {"Fund Name": "Valkyrie Bitcoin Fund", "Ticker": "BRRR", "AUM ($million)": "115"}, {"Fund Name": "Franklin Bitcoin ETF", "Ticker": "EZBC", "AUM ($million)": "62"}, {"Fund Name": "WisdomTree Bitcoin Fund", "Ticker": "BTCW", "AUM ($million)": "11"}] The outcome may not necessarily surprise anyone.BlackRockwas expected to eventually take the spot bitcoin ETF crown thanks to its position as the largest asset manager in the world, as well as the largest ETF issuer in the U.S. And as the third largest brokerage firm with a massive asset management business of its own,Fidelitywas also anticipated to be a big player in the space. As expectations are now being met, the gap between IBIT, FBTC and the rest of the pack will likely widen. Still, when or if either of those ETFs grabs the spot bitcoin ETF crown from theGrayscale Bitcoin Trust (GBTC)is open to debate. Since its conversion into an ETF, investors have pulled $5.5 billion out of GBTC, pushing its AUM down to $21.2 billion, according to Bloomberg data. But that still leaves it 10 times bigger than Fidelity’s ETF and almost eight times bigger than BlackRock’s fund. The outflows from GBTC are already slowing. Most investors who were going to swap out of the relatively-expensive GBTC and into cheaper alternatives have already done so, while arbitrageurs who bought the trust at a discount before its conversion have already locked in their gains. On the other hand anyone interested in investing in bitcoin through ETFs probably won’t choose GBTC over its competitors due to its high fees, so it’s unlikely that the trust sees substantial inflows anytime soon. Still, IBIT or FBTC taking over GBTC as the largest spot bitcoin ETF will take time. Assuming prices for bitcoin stay flat, it would take almost $20 billion of inflows for either ETF to eclipse GBTC in terms of total assets. If bitcoin prices rise, it will take even larger inflows since GBTC’s AUM will disproportionately benefit from that increase (a 10% increase in GBTC’s AUM is $2.1 billion, while the same increase in IBIT’s AUM is only $200 million). The task becomes easier if bitcoin prices fall. In that scenario, GBTC’s AUM will decline faster than that of either IBIT or FBTC (on a dollar basis), closing the gap between the funds. Permalink| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): [['u/Subushie', 'The United States health care system was attacked this week Pt.2: ConnectWise', 73, '2024-02-26 00:34', 'https://www.reddit.com/r/conspiracy/comments/1b02n74/the_united_states_health_care_system_was_attacked/', '*^(This sub is described to be for discussions about issues which have captured your imagination; this story has been a fun ride and certainly did for me. There is this whole underground criminal ecosystem that just runs in the background, raking in hundreds of millions of dollars a year, and almost no one really knows it\'s happening. I wrote this on 02/24; and was on the fence about publishing it- but at the least, you will enjoy this story too. In this post, I offer articles available to everyone in the timeline they occurred over the last week. Additionally, I am only moderately educated in tech- so some of the jargon I use may not be the usual standard. At the end of the day, the conspiracy here is that I believe these stories are brushed under the rug because of how serious of a threat this really is; conclusions about the situation I outline here and its potential outcome I leave to you.)*\n\n​\n\n>‘It\'s odd because now our work has shifted to not getting ahead of the vulnerability and understanding it and sharing the intel, **it\'s watching the internet burn and trying to respond and remediate the best we ca**n. We\'re watching the world burn.’ \n> \n>*John Hammond* \n*Principal Security Researcher at threat hunting firm Huntress* \n*02/23.*\n\n# 02/19 Not a Bug, a Feature\n\nOn February 13th, a crowdsourced research team reached out to major IT company ConnectWise explaining a Proof of Concept (PoC) vulnerability within the company\'s flagship product ScreenConnect; the PoC outlines that these servers could be breached using a very simple flaw that allows hackers to create an Administrative account inside the server; by creating an administrative account, the hacker is then able to essentially do whatever they want with the machines connected to them. ScreenConnect servers host hundreds of thousands of endpoints (other PCs) across the world, **the majority of these servers are used by local governments, emergency systems, and healthcare organizations.**\n\nThis flaw is being tracked as **CVE-2024-1709** (also called "the ScreenConnect Authentication Bypass") and described in a security bulletin by ArcticWolf as "embarrassingly easy" to execute. A video here posted on 02/20 shows how simple it is to accomplish- the ethical hacker finishes the exploit\'s steps in under 30 seconds and ends with "PLEASE PATCH". A detailed analysis of the bug by Huntress says\n\n>*Once you have administrative access to a compromised instance, it is trivial to create and upload a malicious ScreenConnect extension to gain Remote Code Execution (RCE).* ***This is not a vulnerability, but a feature of ScreenConnec****t, which allows an administrator to create extensions that execute .Net code as SYSTEM on the ScreenConnect server*\n\nCVE-2024-1709 has been listed to have a Common Vulnerability Scoring System (CVSS) score of 10. IT experts use the CVSS to identify the scope and impact.\n\n>*It is very common to see vulnerabilities with a base score of 9.8, but much less common to see any with CVSS 10.0. The difference in CVSS score is primarily due to the scope metric.....A vulnerability with CVSS 9.8 has the most severe exploit-ability and impact metrics, but its impact does not extend beyond the vulnerable component. However, while a vulnerability with CVSS 10.0 also has the most severe exploit-ability and most often the highest impact metrics, its impact extends also beyond the vulnerable component.*\n\nConnectWise posted a public notice on February 19th, recommending that clients update to a new patch (23.9.8) that corrected this issue. Prior to this update (which is now being offered for free as of 02/23) clients needed to pay a monthly maintenance fee to continue to receive updates. By the end of the day Monday, several thousands online-connected servers were identified to still be operating on patch 23.9.7 or earlier. Making these servers and all their endpoints vulnerable to intrusion.\n\n# 02/20 Operation Cronos\n\nThe United States\' Cybersecurity and Infrastructure Security Agency (CSIA), Federal Bureau of Investigations (FBI), The National Crime Agency (NCA), in a joint effort with 9 other countries; released information about the completion of a few year investigation code-named \'**Cronos**\' into a online cyber-gang named "**LockBit**" that specializes in Ransom as a Service (RaaS) attacks. Operation Cronos reportedly resulted in international arrests, shuttered 35 servers in the UK and US, 2 official arrests, and seizure of millions in crypto currency assets.\n\nAuthorities digging through the Bitcoin addresses are beginning to think the organization may have generated more than $1 billion in ransom since it\'s inception 4 years ago because of the \\~20% cut they usually take with their investors; meaning the seized cryptocurrency likely amounted to significantly more in actual income.\n\n**Ransomware as a Service**\n\nOver the years cyber-gangs like LockBit have acted as threat actors for nation-state governments such as Russia, Korea, China, and Iran. The service they provide works like this:\n\n1. A entity hires a Cyber gang like LockBit to attack vulnerabilities in systems when they become available. The hiring entity pay a small commission to the cyber-gang, and then they get to work.\n2. The hackers install malware with these vulnerabilities that encrypts the victim\'s entire drive aside from the base configuration files. Allowing the user to still have access to their computer; but losing their data. The user is then prompted with an ominous message explaining the situation, and that they have a certain amount of days to pay LockBit or their information will be lost permanently.\n3. If the victim pays the attackers in time; the money is split with the entity that hired them and the decryption key is provided to the victim. If the allotted time passes with no payment or action, the victim loses their chance to recover the data on their drive. Their organization still profits as they keep the initial contract fee and will now attempt to sell the victim\'s data online.\n\n[The LockBit 3.0 Ransom screen](https://preview.redd.it/wqh6faqdftkc1.jpg?width=763&format=pjpg&auto=webp&s=bc3d6fa68a295011c2e891ac6f9afa84ce1776e1)\n\nDepending on the victim, these costs can be rather "reasonable" compared to something you\'d expect in a movie; that\'s because they want you to actually be able to pay. They usually target companies that would provide valuable data to sell if payment isn\'t sent; but individual users have been attacked as well. They also do not usually attack the same place twice- all in the pursuit of handling this business professionally so they do not damage their "reputation"; and again, it\'s just so they will get paid. They usually do; this is because these organizations operate out of countries such as Russia, where these crimes are not against-the-law when they are targeted at western countries.\n\nAdjacent cyber-gangs that also offer similar services include names like Cl0p, Akira, Play, ALPHV/Blackcat, and Rhyside.\n\n[DoT Sanction Press Release](https://preview.redd.it/ekcz6ba1htkc1.jpg?width=1543&format=pjpg&auto=webp&s=22077c8b70be492f33789a217031ccf84cee14ee)\n\nThe US Department of the Treasury and the Office of Foreign Assets Control posted trade sanctions that afternoon against hackers Ivan Kondratiev and Artur Ravilevich; announcing that any US based assets in their name would be seized and must be reported to the OFAC, anyone caught conducting trade with these individuals would be subject to arrest and potentially have the same sanctions posted on them. Additionally they posted a listing containing what they said to be the names of every individual associated with the cyber-gang.\n\n[List of LockBit affiliates released by Operation Cronos 02\\/21](https://preview.redd.it/0kpwkrugftkc1.png?width=1689&format=png&auto=webp&s=0e83dfc62dd58f51dfa2b15f19082a13975c1c0d)\n\nThe Cronos strike team claimed they only released one name per individual, with the reason they\'ve shared it is to prove to the LockBit gang that they know who they are, and they are coming for them.\n\nIn addition to the seizures and arrests; Japan\'s National Police Agency claimed they were able to create a free decryptor for the LockBit 3.0 malware or LockBit Black from the software found in the confiscated hardware, and is asking that any victims of this malware reach-out for assistance in unlocking their data.\n\nTokyo-based cybersecurity firm Trend Micro which assisted with the Project Cronos LockBit investigation also had this to add\n\n>*The ransomware operation was working on the "next-generation" crypto-locking malware, dubbed* ***LockBit-NG-Dev****, "which could be an upcoming version the group might consider as a true 4.0 version once complete,"*\n\nThe language suggests that although 3.0 was used to create a decryptor, this is not the case with the new LockBit-NG-Dev variant.\n\n**LockBit Ethics**\n\nLockBit in the past has explained they have strict rules as to what targets are allowed by their members; one of those being that Hospitals are strictly off the table-\n\nIn December 2022, a LockBit member attacked a the Toronto Children\'s hospital SickKids. LockBit shortly after provided the decryption key to the hospital and released an apology statement on Twitter.\n\n>*We formally apologize for the attack on sikkids(.)ca and give back the decryptor for free, the partner who attacked this hospital violates our rules, is blocked and is no longer in our affiliate program.*\n\nHowever now, the crime organization has appeared to have backtracked on those rules. In late January 2024, two Chicago hospitals were attacked using the LockBit software. On January 31st, the hospital\'s ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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 topped $54,000 Monday, breaking through a key resistance level that capped prices since mid-February.\n• SOL, MATIC, ATOM led altcoin gains, while crypto-focused stocks Coinbase, MicroStrategy, Marathon Holdings and Riot Platforms booked double-digit advances.\n• Bitcoin\'s next short-term target is $57,000-58,000, Swissblock said.\nBitcoin {{BTC}} topped $54,000 on Monday surging to its highest price since November 2021, leaving past its recent sideways range as the crypto rally suddenly resumed.\nThe largest crypto by market cap broke through its major resistance level at $53,000 during mid-morning U.S. trading hours, which halted price rallies over the past two weeks, and quickly ran just shy of $55,000 by afternoon hours before slightly retraced,CoinDesk datashows. At press time, BTC was changing hands at $54,400, up nearly 5% over the past 24 hours. It outperformed the broad-market CoinDesk20 Index (CD20), which advanced 4%, topping the 2,000 level for the first time.\nEther {{ETH}}, the second-largest crypto asset, also rose nearly 4%, hitting a fresh 22-month high of $3,200.\nRead more:Ether\'s Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein\nSolana\'s native token {{SOL}}, Polygon\'sMATICand Cosmos\'ATOMled gains among major cryptocurrencies in the CD20 index, with 5%-7% advances.\nThe crypto rally also lifted digital asset-focused stocks. Shares of crypto exchange Coinbase (COIN) and the Michael Saylor-helmed MicroStrategy (MSTR) both gained 17% during the day. Large-cap bitcoin miners Marathon Digital (MARA) and Riot Platforms (RIOT) booked 22% and 15% gains, respectively.\nWhile somemarketobserversanticipated that bitcoin could correct to $48,000 as it stalled, Monday\'s bounce was a decisive breakthrough of one of the last historically important resistance levels before record highs.\n"BTC now seems to finally break out from the range it has been in since Feb. 15," crypto analytics firm Swissblock said in a Telegram market update Monday. "The momentum is moving up strongly. All sails are set."\nSwissblock analysts added that the next level for bitcoin\'s price target is the $57,000-$58,000 range, with new all-time highs in sight after that.\nThe move was also coupled with an uptick in bitcoin\'s price premium on Coinbase compared to other exchanges, suggesting demand coming from U.S. investors.\nU.S.-listed spot bitcoin exchange-traded funds (ETF) also experienced heavy trading interest, with BlackRock\'s IBIT booking its largest daily trading volume since its debut,TradingView datashows. However, ETF trading volumes do not always translate to inflows for the funds, anNYDIG report pointed out.\nUPDATE (Feb. 26, 20:41 UTC):Updates prices. Adds performance of altcoins, crypto stocks, bitcoin ETF trading volume data.', '• Bitcoin topped $54,000 Monday, breaking through a key resistance level that capped prices since mid-February.\n• SOL, MATIC, ATOM led altcoin gains, while crypto-focused stocks Coinbase, MicroStrategy, Marathon Holdings and Riot Platforms booked double-digit advances.\n• Bitcoin\'s next short-term target is $57,000-58,000, Swissblock said.\nBitcoin {{BTC}} topped $54,000 on Monday surging to its highest price since November 2021, leaving past its recent sideways range as the crypto rally suddenly resumed.\nThe largest crypto by market cap broke through its major resistance level at $53,000 during mid-morning U.S. trading hours, which halted price rallies over the past two weeks, and quickly ran just shy of $55,000 by afternoon hours before slightly retraced,CoinDesk datashows. At press time, BTC was changing hands at $54,400, up nearly 5% over the past 24 hours. It outperformed the broad-market CoinDesk20 Index (CD20), which advanced 4%, topping the 2,000 level for the first time.\nEther {{ETH}}, the second-largest crypto asset, also rose nearly 4%, hitting a fresh 22-month high of $3,200.\nRead more:Ether\'s Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein\nSolana\'s native token {{SOL}}, Polygon\'sMATICand Cosmos\'ATOMled gains among major cryptocurrencies in the CD20 index, with 5%-7% advances.\nThe crypto rally also lifted digital asset-focused stocks. Shares of crypto exchange Coinbase (COIN) and the Michael Saylor-helmed MicroStrategy (MSTR) both gained 17% during the day. Large-cap bitcoin miners Marathon Digital (MARA) and Riot Platforms (RIOT) booked 22% and 15% gains, respectively.\nWhile somemarketobserversanticipated that bitcoin could correct to $48,000 as it stalled, Monday\'s bounce was a decisive breakthrough of one of the last historically important resistance levels before record highs.\n"BTC now seems to finally break out from the range it has been in since Feb. 15," crypto analytics firm Swissblock said in a Telegram market update Monday. "The momentum is moving up strongly. All sails are set."\nSwissblock analysts added that the next level for bitcoin\'s price target is the $57,000-$58,000 range, with new all-time highs in sight after that.\nThe move was also coupled with an uptick in bitcoin\'s price premium on Coinbase compared to other exchanges, suggesting demand coming from U.S. investors.\nU.S.-listed spot bitcoin exchange-traded funds (ETF) also experienced heavy trading interest, with BlackRock\'s IBIT booking its largest daily trading volume since its debut,TradingView datashows. However, ETF trading volumes do not always translate to inflows for the funds, anNYDIG report pointed out.\nUPDATE (Feb. 26, 20:41 UTC):Updates prices. Adds performance of altcoins, crypto stocks, bitcoin ETF trading volume data.', 'By Tom Westbrook\nSINGAPORE, Feb 27 (Reuters) - Asian shares struggled to advance on Tuesday, with slightly warmer-than-expected Japanese inflation putting investors on guard ahead of price data due in Europe and the U.S. this week.\nThe yen steadied at 150.57 to the dollar and inched off a three-month low on the euro as Japanese inflation stayed at the central bank\'s 2% year-on-year target, keeping alive expectations it would exit negative rates by April.\nTokyo\'s Nikkei crept 0.4% higher to eke a fresh record high. MSCI\'s broadest index of Asia-Pacific shares outside Japan was flat, keeping beneath last week\'s seven-month peak.\nWall Street indexes fell overnight and S&P 500 and Nasdaq futures nudged 0.1% lower in morning trade.\nThe Federal Reserve\'s favoured measure of inflation - the core personal consumption expenditures (PCE) price index - is due on Thursday and forecasts are for a rise of 0.4%.\n"If as expected, the core m/m reading would be the highest since last February and fit with the patience message from the Fed," said analysts at ANZ Bank.\nRate jitters and enormous auctions - $127 billion on Tuesday and another $42 billion on Wednesday - left Treasuries under pressure, though yields steadied in the Asia morning.\nTen-year U.S. Treasury yields were last 2 basis points lower at 4.27%. Two-year yields fell four basis points to 4.70%.\nMarkets have already pushed out the likely timing of a first Federal Reserve easing from May to June, which is currently priced at around a 70% probability. Futures imply a little more than three quarter-point cuts this year, compared to five at the start of the month.\nOn the geopolitical front, U.S. President Joe Biden said he hopes to have a ceasefire in the Israel-Hamas conflict in Gaza start by next Monday as the warring parties appeared to close in on a deal.\nBrent crude futures kept to recent ranges, rising 0.2% or 16 cents to $82.69 a barrel.\nFigures on inflation in the European Union are also due this week, on Friday, with the core gauge again seen slowing to the lowest since early 2022 at 2.9% and bringing nearer the day when the European Central Bank (ECB) might ease policy.\nMarkets are almost fully priced for a first cut in June, with April seen as a 36% chance. In speeches on Monday, ECB President Christine Lagarde and Bank of Greece Governor Yannis Stournaras again pointed to a reticence to rush in to cuts .\nBank of England deputy Dave Ramsden and Riksbank Governor Erik Thedeen appear later on Tuesday while a smattering of mostly second-tier U.S. and European data are due including consumer confidence for Germany, France and the U.S.\nCurrency trade was fairly subdued in early Asian hours, with recent pressure on the Australian and New Zealand dollars extending. The Aussie fell 0.1% to a one-week low of $0.6530, squeezed by a tumble in iron ore prices.\nThe kiwi was down 0.3% and also at a week low as traders trimmed wagers that New Zealand\'s central bank might even hike interest rates when it meets on Wednesday.\n"With 9 bp priced, we see modest NZD weakness on the announcement," said NatWest Markets currency strategist Antony George.\nThe euro held steady at $1.0848 and sterling inched down to $1.2676. Bitcoin rose sharply overnight on news that software firm MicroStrategy added to its holdings. It was steady at $54,777. Gold held at $2,032 an ounce.\n(Reporting by Tom Westbrook Editing by Shri Navaratnam)', 'SINGAPORE, Feb 27 (Reuters) - Cryptocurrency bitcoin hit a two-year high above $57,000 in Asia trade on Tuesday on signs of heavy institutional buying, while smaller rival ether topped $3,200 for the first time in two years.\nBitcoin has rallied more than 10% in two sessions, helped by a Monday disclosure from crypto investor and software firm MicroStrategy that it had recently purchased about 3,000 bitcoins for an outlay of $155 million.\nThe original and largest cryptocurrency by market value has also been buoyed recently by the approval of bitcoin-owning exchange-traded funds (ETFs) in the United States. On Monday, trading volumes in several of the funds spiked and crypto-linked firms rallied too, in contrast to nervous broader markets. (Reporting by Tom Westbrook; Editing by Tom Hogue)', 'SINGAPORE, Feb 27 (Reuters) - Cryptocurrency bitcoin hit a two-year high above $57,000 in Asia trade on Tuesday on sig **Last 60 Days of Bitcoin's Closing Prices:** [42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-27 **Financial & Commodity Data:** - Gold Closing Price: $2034.00 - Crude Oil Closing Price: $78.87 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,111,236,719,794 - Hash Rate: 524073682.9733743 - Transaction Count: 387598.0 - Unique Addresses: 674490.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin {{BTC}} remained steady at around $43,000 Thursday as tumbling U.S. regional bank stocks reignited fears about the health of U.S. lenders and a rerun of last March's banking crisis. Shares of New York Community Bancorp (NYCB) extended decline to over 40% since Tuesday, reaching similar troughs as last March after itreported lossesstemming from its commercial real estate loans and dividend cut. The KBW Nasdaq Regional Bank Index (KBR), a benchmark for the sector, edged another 2% lower following yesterday's largest daily decline since March. Market observers also mulled the importance of the Federal Reserveremovinga key language addressing the resiliency of the U.S. banking system in its Wednesday statement about its interest rate decision that appeared in previous instances, a development mostly trumped at the time by Fed Chair Powell quashing hopes of imminent rate cuts. "Who would've thought the removal of 'the U.S. banking system is sound and resilient' would be the most important line yesterday," Quinn Thompson, head of capital markets and growth at lending platform Maple Finance,saidin an X post, noting traditional safe haven asset gold's uptick relative to U.S. bank stocks. During last March's "banking crisis," notably, bitcoin rallied sharply – after a short-lived decline – nearly to $30,000 from $20,000 emerging as a perceived "safe haven" asset independent from the banking system's woes. Read more:Bitcoin Is a Clear Winner of the U.S. Banking Crisis This time, bitcoin's price action has been muted so far. The largest crypto by market cap slightly bounced higher from below $42,000 earlier during the day, consolidating in the familiar channel capped at $44,000. At press time, BTC changed hands at just below $43,000, up 1% over the past 24 hours. The CoinDesk 20 {{CD20}}, a broad crypto market benchmark tracking the largest crypto assets, gained 1.5% during the same period. "Whatever the reason for BTC’s 'risk off' behavior yesterday, it highlights the fascinating yet confusing duality of the BTC market – sometimes it’s a macro risk asset, sometimes it’s a hedge against macro risk," Noelle Acheson, analyst and author of Crypto Is Macro Now newsletter, wrote Thursday. Maple's Thompsonsaidhe was surprised by bitcoin's delayed reaction but is "cautiously long." "Traditional 'stores of value' are eroding slowly. Commercial real estate and local U.S. banks were always considered safe assets to store wealth," prominent digital asset and venture capital investor Dan Tapieropostedon X. "There were few alternatives...gold, art, equity, bonds etc. Bitcoin will be our new tech-enabled world store of value."... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09
You are an expert financial analyst. Your primary task is to 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 topped $54,000 Monday, breaking through a key resistance level that capped prices since mid-February.\n• SOL, MATIC, ATOM led altcoin gains, while crypto-focused stocks Coinbase, MicroStrategy, Marathon Holdings and Riot Platforms booked double-digit advances.\n• Bitcoin\'s next short-term target is $57,000-58,000, Swissblock said.\nBitcoin {{BTC}} topped $54,000 on Monday surging to its highest price since November 2021, leaving past its recent sideways range as the crypto rally suddenly resumed.\nThe largest crypto by market cap broke through its major resistance level at $53,000 during mid-morning U.S. trading hours, which halted price rallies over the past two weeks, and quickly ran just shy of $55,000 by afternoon hours before slightly retraced,CoinDesk datashows. At press time, BTC was changing hands at $54,400, up nearly 5% over the past 24 hours. It outperformed the broad-market CoinDesk20 Index (CD20), which advanced 4%, topping the 2,000 level for the first time.\nEther {{ETH}}, the second-largest crypto asset, also rose nearly 4%, hitting a fresh 22-month high of $3,200.\nRead more:Ether\'s Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein\nSolana\'s native token {{SOL}}, Polygon\'sMATICand Cosmos\'ATOMled gains among major cryptocurrencies in the CD20 index, with 5%-7% advances.\nThe crypto rally also lifted digital asset-focused stocks. Shares of crypto exchange Coinbase (COIN) and the Michael Saylor-helmed MicroStrategy (MSTR) both gained 17% during the day. Large-cap bitcoin miners Marathon Digital (MARA) and Riot Platforms (RIOT) booked 22% and 15% gains, respectively.\nWhile somemarketobserversanticipated that bitcoin could correct to $48,000 as it stalled, Monday\'s bounce was a decisive breakthrough of one of the last historically important resistance levels before record highs.\n"BTC now seems to finally break out from the range it has been in since Feb. 15," crypto analytics firm Swissblock said in a Telegram market update Monday. "The momentum is moving up strongly. All sails are set."\nSwissblock analysts added that the next level for bitcoin\'s price target is the $57,000-$58,000 range, with new all-time highs in sight after that.\nThe move was also coupled with an uptick in bitcoin\'s price premium on Coinbase compared to other exchanges, suggesting demand coming from U.S. investors.\nU.S.-listed spot bitcoin exchange-traded funds (ETF) also experienced heavy trading interest, with BlackRock\'s IBIT booking its largest daily trading volume since its debut,TradingView datashows. However, ETF trading volumes do not always translate to inflows for the funds, anNYDIG report pointed out.\nUPDATE (Feb. 26, 20:41 UTC):Updates prices. Adds performance of altcoins, crypto stocks, bitcoin ETF trading volume data.', '• Bitcoin topped $54,000 Monday, breaking through a key resistance level that capped prices since mid-February.\n• SOL, MATIC, ATOM led altcoin gains, while crypto-focused stocks Coinbase, MicroStrategy, Marathon Holdings and Riot Platforms booked double-digit advances.\n• Bitcoin\'s next short-term target is $57,000-58,000, Swissblock said.\nBitcoin {{BTC}} topped $54,000 on Monday surging to its highest price since November 2021, leaving past its recent sideways range as the crypto rally suddenly resumed.\nThe largest crypto by market cap broke through its major resistance level at $53,000 during mid-morning U.S. trading hours, which halted price rallies over the past two weeks, and quickly ran just shy of $55,000 by afternoon hours before slightly retraced,CoinDesk datashows. At press time, BTC was changing hands at $54,400, up nearly 5% over the past 24 hours. It outperformed the broad-market CoinDesk20 Index (CD20), which advanced 4%, topping the 2,000 level for the first time.\nEther {{ETH}}, the second-largest crypto asset, also rose nearly 4%, hitting a fresh 22-month high of $3,200.\nRead more:Ether\'s Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein\nSolana\'s native token {{SOL}}, Polygon\'sMATICand Cosmos\'ATOMled gains among major cryptocurrencies in the CD20 index, with 5%-7% advances.\nThe crypto rally also lifted digital asset-focused stocks. Shares of crypto exchange Coinbase (COIN) and the Michael Saylor-helmed MicroStrategy (MSTR) both gained 17% during the day. Large-cap bitcoin miners Marathon Digital (MARA) and Riot Platforms (RIOT) booked 22% and 15% gains, respectively.\nWhile somemarketobserversanticipated that bitcoin could correct to $48,000 as it stalled, Monday\'s bounce was a decisive breakthrough of one of the last historically important resistance levels before record highs.\n"BTC now seems to finally break out from the range it has been in since Feb. 15," crypto analytics firm Swissblock said in a Telegram market update Monday. "The momentum is moving up strongly. All sails are set."\nSwissblock analysts added that the next level for bitcoin\'s price target is the $57,000-$58,000 range, with new all-time highs in sight after that.\nThe move was also coupled with an uptick in bitcoin\'s price premium on Coinbase compared to other exchanges, suggesting demand coming from U.S. investors.\nU.S.-listed spot bitcoin exchange-traded funds (ETF) also experienced heavy trading interest, with BlackRock\'s IBIT booking its largest daily trading volume since its debut,TradingView datashows. However, ETF trading volumes do not always translate to inflows for the funds, anNYDIG report pointed out.\nUPDATE (Feb. 26, 20:41 UTC):Updates prices. Adds performance of altcoins, crypto stocks, bitcoin ETF trading volume data.', 'By Tom Westbrook\nSINGAPORE, Feb 27 (Reuters) - Asian shares struggled to advance on Tuesday, with slightly warmer-than-expected Japanese inflation putting investors on guard ahead of price data due in Europe and the U.S. this week.\nThe yen steadied at 150.57 to the dollar and inched off a three-month low on the euro as Japanese inflation stayed at the central bank\'s 2% year-on-year target, keeping alive expectations it would exit negative rates by April.\nTokyo\'s Nikkei crept 0.4% higher to eke a fresh record high. MSCI\'s broadest index of Asia-Pacific shares outside Japan was flat, keeping beneath last week\'s seven-month peak.\nWall Street indexes fell overnight and S&P 500 and Nasdaq futures nudged 0.1% lower in morning trade.\nThe Federal Reserve\'s favoured measure of inflation - the core personal consumption expenditures (PCE) price index - is due on Thursday and forecasts are for a rise of 0.4%.\n"If as expected, the core m/m reading would be the highest since last February and fit with the patience message from the Fed," said analysts at ANZ Bank.\nRate jitters and enormous auctions - $127 billion on Tuesday and another $42 billion on Wednesday - left Treasuries under pressure, though yields steadied in the Asia morning.\nTen-year U.S. Treasury yields were last 2 basis points lower at 4.27%. Two-year yields fell four basis points to 4.70%.\nMarkets have already pushed out the likely timing of a first Federal Reserve easing from May to June, which is currently priced at around a 70% probability. Futures imply a little more than three quarter-point cuts this year, compared to five at the start of the month.\nOn the geopolitical front, U.S. President Joe Biden said he hopes to have a ceasefire in the Israel-Hamas conflict in Gaza start by next Monday as the warring parties appeared to close in on a deal.\nBrent crude futures kept to recent ranges, rising 0.2% or 16 cents to $82.69 a barrel.\nFigures on inflation in the European Union are also due this week, on Friday, with the core gauge again seen slowing to the lowest since early 2022 at 2.9% and bringing nearer the day when the European Central Bank (ECB) might ease policy.\nMarkets are almost fully priced for a first cut in June, with April seen as a 36% chance. In speeches on Monday, ECB President Christine Lagarde and Bank of Greece Governor Yannis Stournaras again pointed to a reticence to rush in to cuts .\nBank of England deputy Dave Ramsden and Riksbank Governor Erik Thedeen appear later on Tuesday while a smattering of mostly second-tier U.S. and European data are due including consumer confidence for Germany, France and the U.S.\nCurrency trade was fairly subdued in early Asian hours, with recent pressure on the Australian and New Zealand dollars extending. The Aussie fell 0.1% to a one-week low of $0.6530, squeezed by a tumble in iron ore prices.\nThe kiwi was down 0.3% and also at a week low as traders trimmed wagers that New Zealand\'s central bank might even hike interest rates when it meets on Wednesday.\n"With 9 bp priced, we see modest NZD weakness on the announcement," said NatWest Markets currency strategist Antony George.\nThe euro held steady at $1.0848 and sterling inched down to $1.2676. Bitcoin rose sharply overnight on news that software firm MicroStrategy added to its holdings. It was steady at $54,777. Gold held at $2,032 an ounce.\n(Reporting by Tom Westbrook Editing by Shri Navaratnam)', 'SINGAPORE, Feb 27 (Reuters) - Cryptocurrency bitcoin hit a two-year high above $57,000 in Asia trade on Tuesday on signs of heavy institutional buying, while smaller rival ether topped $3,200 for the first time in two years.\nBitcoin has rallied more than 10% in two sessions, helped by a Monday disclosure from crypto investor and software firm MicroStrategy that it had recently purchased about 3,000 bitcoins for an outlay of $155 million.\nThe original and largest cryptocurrency by market value has also been buoyed recently by the approval of bitcoin-owning exchange-traded funds (ETFs) in the United States. On Monday, trading volumes in several of the funds spiked and crypto-linked firms rallied too, in contrast to nervous broader markets. (Reporting by Tom Westbrook; Editing by Tom Hogue)', 'SINGAPORE, Feb 27 (Reuters) - Cryptocurrency bitcoin hit a two-year high above $57,000 in Asia trade on Tuesday on sig **Last 60 Days of Bitcoin's Closing Prices:** [42099.40, 42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-02-27 **Financial & Commodity Data:** - Gold Closing Price: $2034.00 - Crude Oil Closing Price: $78.87 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,111,236,719,794 - Hash Rate: 524073682.9733743 - Transaction Count: 387598.0 - Unique Addresses: 674490.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin {{BTC}} remained steady at around $43,000 Thursday as tumbling U.S. regional bank stocks reignited fears about the health of U.S. lenders and a rerun of last March's banking crisis. Shares of New York Community Bancorp (NYCB) extended decline to over 40% since Tuesday, reaching similar troughs as last March after itreported lossesstemming from its commercial real estate loans and dividend cut. The KBW Nasdaq Regional Bank Index (KBR), a benchmark for the sector, edged another 2% lower following yesterday's largest daily decline since March. Market observers also mulled the importance of the Federal Reserveremovinga key language addressing the resiliency of the U.S. banking system in its Wednesday statement about its interest rate decision that appeared in previous instances, a development mostly trumped at the time by Fed Chair Powell quashing hopes of imminent rate cuts. "Who would've thought the removal of 'the U.S. banking system is sound and resilient' would be the most important line yesterday," Quinn Thompson, head of capital markets and growth at lending platform Maple Finance,saidin an X post, noting traditional safe haven asset gold's uptick relative to U.S. bank stocks. During last March's "banking crisis," notably, bitcoin rallied sharply – after a short-lived decline – nearly to $30,000 from $20,000 emerging as a perceived "safe haven" asset independent from the banking system's woes. Read more:Bitcoin Is a Clear Winner of the U.S. Banking Crisis This time, bitcoin's price action has been muted so far. The largest crypto by market cap slightly bounced higher from below $42,000 earlier during the day, consolidating in the familiar channel capped at $44,000. At press time, BTC changed hands at just below $43,000, up 1% over the past 24 hours. The CoinDesk 20 {{CD20}}, a broad crypto market benchmark tracking the largest crypto assets, gained 1.5% during the same period. "Whatever the reason for BTC’s 'risk off' behavior yesterday, it highlights the fascinating yet confusing duality of the BTC market – sometimes it’s a macro risk asset, sometimes it’s a hedge against macro risk," Noelle Acheson, analyst and author of Crypto Is Macro Now newsletter, wrote Thursday. Maple's Thompsonsaidhe was surprised by bitcoin's delayed reaction but is "cautiously long." "Traditional 'stores of value' are eroding slowly. Commercial real estate and local U.S. banks were always considered safe assets to store wealth," prominent digital asset and venture capital investor Dan Tapieropostedon X. "There were few alternatives...gold, art, equity, bonds etc. Bitcoin will be our new tech-enabled world store of value."... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['• BlackRock\'s IBIT traded $1.35 billion on Tuesday, surpassing Monday\'s record daily volume.\n• U.S.-listed spot bitcoin ETFs attracted $520 million in net inflows Monday as bitcoin rallied to $57,000.\nBlackRock\'s spot bitcoin {{BTC}} exchange-traded fund (ETF) had another massive trading day Tuesday, recording over $1.3 billion in daily trading volume for the second consecutive day, fueled bybitcoin\'s rallyto $57,000.\nBlackRock\'s IBIT booked $1.357 billion in trading volume during the day, breaking Monday\'s record of $1.3 billion, Bloomberg Intelligence ETF analyst Eric Balchunas noted in an X post Tuesday afternoon at market close. Nearly 42 million shares changed hands,Nasdaq datashowed, more than double of the average since it started trading in January.\nIBIT was the fifth most-traded among all U.S.-listed ETFs during the morning hours, pseudonymous HODL15Capital noted in anX post, adding that Fidelity\'s bitcoin ETF (FBTC) also experienced "strong" trading volume.\nU.S.-listed spot bitcoin ETFs traded over $2 billion, according to data cited by Balchunas, but slightly fell short of Monday\'s record-breaking daily volume of $2.4 billion.\nWhile trading volume can sometimes indicate positive interest in an investment product,it might not always be the caseas the metric looks at both buy and sell orders.\nHowever, Monday’s high volume was certainly characterized by heavy inflows as the funds saw some $520 million in net inflows with only minor outflows from Grayscale\'s incumbent GBTC, according toBitMex Research.\nFidelity saw the strongest inflows at roughly $243 million, followed by Ark and 21Shares’ ARKB, which attracted $130 million. IBIT came in third place at $111 million, a relatively low number for BlackRock’s fund compared to its average inflows since its debut.\nThe large trading volumes happened as bitcoin broke out from its sideways consolidation Monday, rallying over 10% and hitting $57,000 after the U.S. market close, its highest price since Nov. 2021. BTC is up 6% over the past 24 hours, outperforming the CoinDesk20 Index\'s (CD20) 3.5% advance.\nUPDATE (Feb. 14, 22:14 UTC):Updates headline, story to include end-of-the-day volume numbers.', '• BlackRock\'s IBIT traded $1.35 billion on Tuesday, surpassing Monday\'s record daily volume.\n• U.S.-listed spot bitcoin ETFs attracted $520 million in net inflows Monday as bitcoin rallied to $57,000.\nBlackRock\'s spot bitcoin {{BTC}} exchange-traded fund (ETF) had another massive trading day Tuesday, recording over $1.3 billion in daily trading volume for the second consecutive day, fueled bybitcoin\'s rallyto $57,000.\nBlackRock\'s IBIT booked $1.357 billion in trading volume during the day, breaking Monday\'s record of $1.3 billion, Bloomberg Intelligence ETF analyst Eric Balchunas noted in an X post Tuesday afternoon at market close. Nearly 42 million shares changed hands,Nasdaq datashowed, more than double of the average since it started trading in January.\nIBIT was the fifth most-traded among all U.S.-listed ETFs during the morning hours, pseudonymous HODL15Capital noted in anX post, adding that Fidelity\'s bitcoin ETF (FBTC) also experienced "strong" trading volume.\nU.S.-listed spot bitcoin ETFs traded over $2 billion, according to data cited by Balchunas, but slightly fell short of Monday\'s record-breaking daily volume of $2.4 billion.\nWhile trading volume can sometimes indicate positive interest in an investment product,it might not always be the caseas the metric looks at both buy and sell orders.\nHowever, Monday’s high volume was certainly characterized by heavy inflows as the funds saw some $520 million in net inflows with only minor outflows from Grayscale\'s incumbent GBTC, according toBitMex Research.\nFidelity saw the strongest inflows at roughly $243 million, followed by Ark and 21Shares’ ARKB, which attracted $130 million. IBIT came in third place at $111 million, a relatively low number for BlackRock’s fund compared to its average inflows since its debut.\nThe large trading volumes happened as bitcoin broke out from its sideways consolidation Monday, rallying over 10% and hitting $57,000 after the U.S. market close, its highest price since Nov. 2021. BTC is up 6% over the past 24 hours, outperforming the CoinDesk20 Index\'s (CD20) 3.5% advance.\nUPDATE (Feb. 14, 22:14 UTC):Updates headline, story to include end-of-the-day volume numbers.', 'Top 10 Creations (All ETFs)\n[{"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "698.80", "AUM ($, mm)": "250,061.78", "AUM % Change": "0.28%"}, {"Ticker": "VGIT", "Name": "Vanguard Intermediate-Term Treasury Index ETF", "Net Flows ($, mm)": "662.71", "AUM ($, mm)": "24,513.24", "AUM % Change": "2.70%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "486.26", "AUM ($, mm)": "17,165.92", "AUM % Change": "2.83%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "362.63", "AUM ($, mm)": "413,916.69", "AUM % Change": "0.09%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "293.45", "AUM ($, mm)": "33,411.92", "AUM % Change": "0.88%"}, {"Ticker": "RSP", "Name": "Invesco S&P 500 Equal Weight ETF", "Net Flows ($, mm)": "221.94", "AUM ($, mm)": "49,722.39", "AUM % Change": "0.45%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "215.70", "AUM ($, mm)": "49,471.06", "AUM % Change": "0.44%"}, {"Ticker": "BBEU", "Name": "JPMorgan BetaBuilders Europe ETF", "Net Flows ($, mm)": "196.04", "AUM ($, mm)": "7,351.63", "AUM % Change": "2.67%"}, {"Ticker": "PWB", "Name": "Invesco Large Cap Growth ETF", "Net Flows ($, mm)": "178.12", "AUM ($, mm)": "1,002.39", "AUM % Change": "17.77%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "167.54", "AUM ($, mm)": "6,649.18", "AUM % Change": "2.52%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-3,402.80", "AUM ($, mm)": "495,758.41", "AUM % Change": "-0.69%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "-1,122.78", "AUM ($, mm)": "442,655.70", "AUM % Change": "-0.25%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "-334.91", "AUM ($, mm)": "32,054.28", "AUM % Change": "-1.04%"}, {"Ticker": "SOXX", "Name": "iShares Semiconductor ETF", "Net Flows ($, mm)": "-318.16", "AUM ($, mm)": "12,058.11", "AUM % Change": "-2.64%"}, {"Ticker": "SMH", "Name": "VanEck Semiconductor ETF", "Net Flows ($, mm)": "-250.25", "AUM ($, mm)": "15,638.84", "AUM % Change": "-1.60%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Net Flows ($, mm)": "-229.99", "AUM ($, mm)": "61,686.41", "AUM % Change": "-0.37%"}, {"Ticker": "VGSH", "Name": "Vanguard Short-Term Treasury Index Fund", "Net Flows ($, mm)": "-207.31", "AUM ($, mm)": "20,440.92", "AUM % Change": "-1.01%"}, {"Ticker": "SCHO", "Name": "Schwab Short-Term U.S. Treasury ETF", "Net Flows ($, mm)": "-168.63", "AUM ($, mm)": "11,254.85", "AUM % Change": "-1.50%"}, {"Ticker": "SSO", "Name": "ProShares Ultra S&P 500", "Net Flows ($, mm)": "-164.99", "AUM ($, mm)": "4,333.84", "AUM % Change": "-3.81%"}, {"Ticker": "TOTL", "Name": "SPDR DoubleLine Total Return Tactical ETF", "Net Flows ($, mm)": "-156.84", "AUM ($, mm)": "3,007.69", "AUM % Change": "-5.21%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "-14.79", "AUM ($, mm)": "6,947.29", "% of AUM": "-0.21%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "8.62", "AUM ($, mm)": "17,332.74", "% of AUM": "0.05%"}, {"": "Commodities", "Net Flows ($, mm)": "69.31", "AUM ($, mm)": "123,090.64", "% of AUM": "0.06%"}, {"": "Currency", "Net Flows ($, mm)": "243.54", "AUM ($, mm)": "41,587.04", "% of AUM": "0.59%"}, {"": "International Equity", "Net Flows ($, mm)": "150.99", "AUM ($, mm)": "1,411,868.66", "% of AUM": "0.01%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "252.28", "AUM ($, mm)": "175,270.38", "% of AUM": "0.14%"}, {"": "Inverse", "Net Flows ($, mm)": "-162.51", "AUM ($, mm)": "14,005.57", "% of AUM": "-1.16%"}, {"": "Leveraged", "Net Flows ($, mm)": "-340.35", "AUM ($, mm)": "88,044.29", "% of AUM": "-0.39%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-2,526.61", "AUM ($, mm)": "5,254,180.11", "% of AUM": "-0.05%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "1,691.40", "AUM ($, mm)": "1,364,122.83", "% of AUM": "0.12%"}, {"": "Total:", "Net Flows ($, mm)": "-628.13", "AUM ($, mm)": "8,496,449.56", "% of AUM": "-0.01%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'Several major cryptocurrencies rallied on Tuesday amid news of growing crypto adoption and speculation surrounding the timing of the first spot Ethereum-centricexchange-traded fund (ETF)approvals.\nWhen all was said and done during today\'s regular trading session, the price ofBitcoin(CRYPTO: BTC)was up 4.5%,Ethereum(CRYPTO: ETH)had gained 1.8%, andDogecoin(CRYPTO: DOGE)climbed 12.2%.\nCompany card for Bitcoin CRYPTO:BTC\nThe price of Bitcoin climbed above $57,000 today for the first time since December 2021, apparently bolstered by record inflows into Bitcoin ETFs. Around $2.5 billion flowed into digital asset investment products last week, according to data from crypto research firm CoinShares, with Bitcoin funds responsible for 99% of those inflows. That influx of capital followed a historic decision last month by the United States Securities and Exchange Commission (SEC) to simultaneously approve the first 13 applications for spot Bitcoin ETFs.\nThose approvals, of course, were the culmination of months of speculation after the SECdeclined to appeal a federal court\'s **Last 60 Days of Bitcoin's Closing Prices:** [42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-28 **Financial & Commodity Data:** - Gold Closing Price: $2033.00 - Crude Oil Closing Price: $78.54 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,123,495,831,594 - Hash Rate: 605325416.7676959 - Transaction Count: 413800.0 - Unique Addresses: 763915.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.82 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: After much delay, spot bitcoin exchange-traded funds (ETFs) have burst on the scene. BlackRock’s IBIT is now the fifth largest ETF (of all) by inflows this year, with rival funds not far behind. It’s not yet clear whether this rate of growth can keep pace and match the bullish predictions set by firms likeStandard Chartered Bank and Fidelityfor meteoric end-of-year ETF valuations, but it is obvious that bitcoin ETFs are here to stay. The question is how will Wall Street approach this newfound way to gain bitcoin exposure, and will regular investors want a piece of the action? “We think bitcoin could be one of the most talked about brands on Wall Street in the next decade,” Mike Willis, CEO and founder of ONEFUND, said. “You're at the beginning of the ‘bitcoin era’ on Wall Street.” Although remiss to offer a price prediction, Willis said he thinks bitcoin could easily catch up togold's market cap. It’s an interesting prediction given ONEFUND’s strategy in launching its own bundle of bitcoin ETFs. The independent index fund operation, most known for its $106 million INDEX ETF that tracks the S&P 500, plans to launch a number of “Cyber Hornet” funds that hold both bitcoin and traditional equities in a bid to appeal to risk averse retail investors. Most wealth managers will not advise their clients to take more than a1%-3% allocation in crypto, Willis said. But even that small recommendation could open up financial advisers to legal risks. “Hardcore bitcoiners might be used to it, but 90% of Wall Street and just traditional investors are not used to being down 40% in a given month.” “If I'm down 40% for clients they’re burnin up my phone, if I'm down 50% they're out, if I'm down 60% or 70% it's a potential fiduciary liability — a potential lawsuit. Advisers are aware of that,” Willis, who co-founded ONEFUND in 2015 after stints at UBS, Paine Webber and Smith Barney, said. The ETF closest to launch, which has received approval by the SEC under the tickerZZZ, will allocate 75% of its capital to the S&P and 25% to bitcoin futures (with an option also to hold spot bitcoin, Willis said). The idea is to help mitigate bitcoin’s potential downside risk and notable volatility by investing in “the most widely held index strategy on Wall Street.” Willis said he predicts a number of hybrid funds to launch with strategies that protect the downside “vol,” or volatility, of bitcoin, perhaps using U.S. Treasuries and/or other less risky asset classes. This will also be a way for funds to differentiate themselves, given the crowded competition after11 spot bitcoin ETFswere approved on the same day. Like many, Willis sees a race to the bottom in terms of management fees — given that it's one of the few ways firms can undercut their competition. Others are offering promotions, like Bitwise slashing fees to zero for thefirst six monthsor until the fund reaches a certain asset threshold. But these marketing efforts can work only for a limited time. The other way for firms to compete is how they treat the underlying bitcoin they buy with investors’ money — either leveraging it to earn yield for the company or holding it in cold storage. Some funds, Willis said, may rehypothecate (or loan out) the bitcoins in order to earn a return, which can earn “hundreds of basis points.” See also:A Bitcoin ETF Will Never Be Your Bitcoin| Opinion For its part, ONEFUND has no intention of competing on fees, and thinks it will be able to charge higher rates because it’ll guarantee in its prospectus that the bitcoins won’t move from cold storage (the firm is talking withCaitlin Long’s Custodia Bankfor custody services). But there are other, somewhat intangible ways that firms can diversify away from the pack. For instance, the one firm holding firm to high fees is Grayscale, which is charging 1.5% on its popular GBTC product. GBTC has a lot of brand equity built up as the first traditional on-ramp into bitcoin, launching initially as a close-ended trust in 2013. The fund has seennotable withdrawalssince it transitioned to an ETF this year, though Willis said he’s surprised the fund hasn’t lost more. “It's loyalty. It's laziness. And the other side is bitcoiners don't want to go to BlackRock or Fidelity — they want to keep it in the community,” he said. ONEFUND is hoping to tap into that same sense of bitcoiner camaraderie, a sort of non-institutional institution. That’s part of the reason why it chose the Cyber Hornet branding, a phrase most closely associated with uber-bitcoiner Michael Saylor, who is not affiliated with the product. The firm, which made news when it allowed its INDEX fundshareholders to vote by proxy, has also secured a number of “kickass” tickers for its ETFs, which will all have different allocations between bitcoin and the S&P500. Triple-letter tickers, like “the Qs,” standing for Nasdaq’s QQQ, are valuable real-estate, Willis said, mentioning the “triple Z” ticker on his firm’s flagship bitcoin ETF. Indeed, a number of recently launched ETFs carry meme-worthy names, including Valkyrie's BRRR (referring to the pandemic era“money printer go BRR”meme) and VanEck’s HODL (referencing how bitcoiners buy, hold and rarely sell). See also:The Rise and Fall of Bitcoin Culture| Opinion "We think the branding is going to stand for doing things the ‘right way,’ the non-institutional choice that represents the community,” Willis said. “We're not owned by BlackRock, we're not owned by the big institutions." Still, in some sense, Willis' game plan revolves around Wall Street entering the picture. Although it may not be the most "orthodox" way to get people using bitcoin, it is the easiest and safest route to mass onboarding into bitcoin economy via ETFs, perhaps fulfilling Cory Klippsten's dream of creating"10 million bitcoiners," Willis said. The first turn of the supposed flywheel came last year, when BlackRock announced its plan to launch a bitcoin ETF, which in a way gave other Wall Street firms cover to also get involved. Now that ETFs are actually live, over the next decade more and more capital will flow into bitcoin — beginning with model portfolios, retirement accounts, pension plans and ultimately culminating in it becoming a "mainstream asset class," Willis said. "Bitcoin has been alive and well for 15 years, but on Wall Street it's been non-existent," he said. "This changes everything."... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88
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:** ['• BlackRock\'s IBIT traded $1.35 billion on Tuesday, surpassing Monday\'s record daily volume.\n• U.S.-listed spot bitcoin ETFs attracted $520 million in net inflows Monday as bitcoin rallied to $57,000.\nBlackRock\'s spot bitcoin {{BTC}} exchange-traded fund (ETF) had another massive trading day Tuesday, recording over $1.3 billion in daily trading volume for the second consecutive day, fueled bybitcoin\'s rallyto $57,000.\nBlackRock\'s IBIT booked $1.357 billion in trading volume during the day, breaking Monday\'s record of $1.3 billion, Bloomberg Intelligence ETF analyst Eric Balchunas noted in an X post Tuesday afternoon at market close. Nearly 42 million shares changed hands,Nasdaq datashowed, more than double of the average since it started trading in January.\nIBIT was the fifth most-traded among all U.S.-listed ETFs during the morning hours, pseudonymous HODL15Capital noted in anX post, adding that Fidelity\'s bitcoin ETF (FBTC) also experienced "strong" trading volume.\nU.S.-listed spot bitcoin ETFs traded over $2 billion, according to data cited by Balchunas, but slightly fell short of Monday\'s record-breaking daily volume of $2.4 billion.\nWhile trading volume can sometimes indicate positive interest in an investment product,it might not always be the caseas the metric looks at both buy and sell orders.\nHowever, Monday’s high volume was certainly characterized by heavy inflows as the funds saw some $520 million in net inflows with only minor outflows from Grayscale\'s incumbent GBTC, according toBitMex Research.\nFidelity saw the strongest inflows at roughly $243 million, followed by Ark and 21Shares’ ARKB, which attracted $130 million. IBIT came in third place at $111 million, a relatively low number for BlackRock’s fund compared to its average inflows since its debut.\nThe large trading volumes happened as bitcoin broke out from its sideways consolidation Monday, rallying over 10% and hitting $57,000 after the U.S. market close, its highest price since Nov. 2021. BTC is up 6% over the past 24 hours, outperforming the CoinDesk20 Index\'s (CD20) 3.5% advance.\nUPDATE (Feb. 14, 22:14 UTC):Updates headline, story to include end-of-the-day volume numbers.', '• BlackRock\'s IBIT traded $1.35 billion on Tuesday, surpassing Monday\'s record daily volume.\n• U.S.-listed spot bitcoin ETFs attracted $520 million in net inflows Monday as bitcoin rallied to $57,000.\nBlackRock\'s spot bitcoin {{BTC}} exchange-traded fund (ETF) had another massive trading day Tuesday, recording over $1.3 billion in daily trading volume for the second consecutive day, fueled bybitcoin\'s rallyto $57,000.\nBlackRock\'s IBIT booked $1.357 billion in trading volume during the day, breaking Monday\'s record of $1.3 billion, Bloomberg Intelligence ETF analyst Eric Balchunas noted in an X post Tuesday afternoon at market close. Nearly 42 million shares changed hands,Nasdaq datashowed, more than double of the average since it started trading in January.\nIBIT was the fifth most-traded among all U.S.-listed ETFs during the morning hours, pseudonymous HODL15Capital noted in anX post, adding that Fidelity\'s bitcoin ETF (FBTC) also experienced "strong" trading volume.\nU.S.-listed spot bitcoin ETFs traded over $2 billion, according to data cited by Balchunas, but slightly fell short of Monday\'s record-breaking daily volume of $2.4 billion.\nWhile trading volume can sometimes indicate positive interest in an investment product,it might not always be the caseas the metric looks at both buy and sell orders.\nHowever, Monday’s high volume was certainly characterized by heavy inflows as the funds saw some $520 million in net inflows with only minor outflows from Grayscale\'s incumbent GBTC, according toBitMex Research.\nFidelity saw the strongest inflows at roughly $243 million, followed by Ark and 21Shares’ ARKB, which attracted $130 million. IBIT came in third place at $111 million, a relatively low number for BlackRock’s fund compared to its average inflows since its debut.\nThe large trading volumes happened as bitcoin broke out from its sideways consolidation Monday, rallying over 10% and hitting $57,000 after the U.S. market close, its highest price since Nov. 2021. BTC is up 6% over the past 24 hours, outperforming the CoinDesk20 Index\'s (CD20) 3.5% advance.\nUPDATE (Feb. 14, 22:14 UTC):Updates headline, story to include end-of-the-day volume numbers.', 'Top 10 Creations (All ETFs)\n[{"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "698.80", "AUM ($, mm)": "250,061.78", "AUM % Change": "0.28%"}, {"Ticker": "VGIT", "Name": "Vanguard Intermediate-Term Treasury Index ETF", "Net Flows ($, mm)": "662.71", "AUM ($, mm)": "24,513.24", "AUM % Change": "2.70%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "486.26", "AUM ($, mm)": "17,165.92", "AUM % Change": "2.83%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "362.63", "AUM ($, mm)": "413,916.69", "AUM % Change": "0.09%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "293.45", "AUM ($, mm)": "33,411.92", "AUM % Change": "0.88%"}, {"Ticker": "RSP", "Name": "Invesco S&P 500 Equal Weight ETF", "Net Flows ($, mm)": "221.94", "AUM ($, mm)": "49,722.39", "AUM % Change": "0.45%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "215.70", "AUM ($, mm)": "49,471.06", "AUM % Change": "0.44%"}, {"Ticker": "BBEU", "Name": "JPMorgan BetaBuilders Europe ETF", "Net Flows ($, mm)": "196.04", "AUM ($, mm)": "7,351.63", "AUM % Change": "2.67%"}, {"Ticker": "PWB", "Name": "Invesco Large Cap Growth ETF", "Net Flows ($, mm)": "178.12", "AUM ($, mm)": "1,002.39", "AUM % Change": "17.77%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "167.54", "AUM ($, mm)": "6,649.18", "AUM % Change": "2.52%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-3,402.80", "AUM ($, mm)": "495,758.41", "AUM % Change": "-0.69%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "-1,122.78", "AUM ($, mm)": "442,655.70", "AUM % Change": "-0.25%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "-334.91", "AUM ($, mm)": "32,054.28", "AUM % Change": "-1.04%"}, {"Ticker": "SOXX", "Name": "iShares Semiconductor ETF", "Net Flows ($, mm)": "-318.16", "AUM ($, mm)": "12,058.11", "AUM % Change": "-2.64%"}, {"Ticker": "SMH", "Name": "VanEck Semiconductor ETF", "Net Flows ($, mm)": "-250.25", "AUM ($, mm)": "15,638.84", "AUM % Change": "-1.60%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Net Flows ($, mm)": "-229.99", "AUM ($, mm)": "61,686.41", "AUM % Change": "-0.37%"}, {"Ticker": "VGSH", "Name": "Vanguard Short-Term Treasury Index Fund", "Net Flows ($, mm)": "-207.31", "AUM ($, mm)": "20,440.92", "AUM % Change": "-1.01%"}, {"Ticker": "SCHO", "Name": "Schwab Short-Term U.S. Treasury ETF", "Net Flows ($, mm)": "-168.63", "AUM ($, mm)": "11,254.85", "AUM % Change": "-1.50%"}, {"Ticker": "SSO", "Name": "ProShares Ultra S&P 500", "Net Flows ($, mm)": "-164.99", "AUM ($, mm)": "4,333.84", "AUM % Change": "-3.81%"}, {"Ticker": "TOTL", "Name": "SPDR DoubleLine Total Return Tactical ETF", "Net Flows ($, mm)": "-156.84", "AUM ($, mm)": "3,007.69", "AUM % Change": "-5.21%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "-14.79", "AUM ($, mm)": "6,947.29", "% of AUM": "-0.21%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "8.62", "AUM ($, mm)": "17,332.74", "% of AUM": "0.05%"}, {"": "Commodities", "Net Flows ($, mm)": "69.31", "AUM ($, mm)": "123,090.64", "% of AUM": "0.06%"}, {"": "Currency", "Net Flows ($, mm)": "243.54", "AUM ($, mm)": "41,587.04", "% of AUM": "0.59%"}, {"": "International Equity", "Net Flows ($, mm)": "150.99", "AUM ($, mm)": "1,411,868.66", "% of AUM": "0.01%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "252.28", "AUM ($, mm)": "175,270.38", "% of AUM": "0.14%"}, {"": "Inverse", "Net Flows ($, mm)": "-162.51", "AUM ($, mm)": "14,005.57", "% of AUM": "-1.16%"}, {"": "Leveraged", "Net Flows ($, mm)": "-340.35", "AUM ($, mm)": "88,044.29", "% of AUM": "-0.39%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-2,526.61", "AUM ($, mm)": "5,254,180.11", "% of AUM": "-0.05%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "1,691.40", "AUM ($, mm)": "1,364,122.83", "% of AUM": "0.12%"}, {"": "Total:", "Net Flows ($, mm)": "-628.13", "AUM ($, mm)": "8,496,449.56", "% of AUM": "-0.01%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'Several major cryptocurrencies rallied on Tuesday amid news of growing crypto adoption and speculation surrounding the timing of the first spot Ethereum-centricexchange-traded fund (ETF)approvals.\nWhen all was said and done during today\'s regular trading session, the price ofBitcoin(CRYPTO: BTC)was up 4.5%,Ethereum(CRYPTO: ETH)had gained 1.8%, andDogecoin(CRYPTO: DOGE)climbed 12.2%.\nCompany card for Bitcoin CRYPTO:BTC\nThe price of Bitcoin climbed above $57,000 today for the first time since December 2021, apparently bolstered by record inflows into Bitcoin ETFs. Around $2.5 billion flowed into digital asset investment products last week, according to data from crypto research firm CoinShares, with Bitcoin funds responsible for 99% of those inflows. That influx of capital followed a historic decision last month by the United States Securities and Exchange Commission (SEC) to simultaneously approve the first 13 applications for spot Bitcoin ETFs.\nThose approvals, of course, were the culmination of months of speculation after the SECdeclined to appeal a federal court\'s **Last 60 Days of Bitcoin's Closing Prices:** [42156.90, 42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-02-28 **Financial & Commodity Data:** - Gold Closing Price: $2033.00 - Crude Oil Closing Price: $78.54 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,123,495,831,594 - Hash Rate: 605325416.7676959 - Transaction Count: 413800.0 - Unique Addresses: 763915.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.82 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: After much delay, spot bitcoin exchange-traded funds (ETFs) have burst on the scene. BlackRock’s IBIT is now the fifth largest ETF (of all) by inflows this year, with rival funds not far behind. It’s not yet clear whether this rate of growth can keep pace and match the bullish predictions set by firms likeStandard Chartered Bank and Fidelityfor meteoric end-of-year ETF valuations, but it is obvious that bitcoin ETFs are here to stay. The question is how will Wall Street approach this newfound way to gain bitcoin exposure, and will regular investors want a piece of the action? “We think bitcoin could be one of the most talked about brands on Wall Street in the next decade,” Mike Willis, CEO and founder of ONEFUND, said. “You're at the beginning of the ‘bitcoin era’ on Wall Street.” Although remiss to offer a price prediction, Willis said he thinks bitcoin could easily catch up togold's market cap. It’s an interesting prediction given ONEFUND’s strategy in launching its own bundle of bitcoin ETFs. The independent index fund operation, most known for its $106 million INDEX ETF that tracks the S&P 500, plans to launch a number of “Cyber Hornet” funds that hold both bitcoin and traditional equities in a bid to appeal to risk averse retail investors. Most wealth managers will not advise their clients to take more than a1%-3% allocation in crypto, Willis said. But even that small recommendation could open up financial advisers to legal risks. “Hardcore bitcoiners might be used to it, but 90% of Wall Street and just traditional investors are not used to being down 40% in a given month.” “If I'm down 40% for clients they’re burnin up my phone, if I'm down 50% they're out, if I'm down 60% or 70% it's a potential fiduciary liability — a potential lawsuit. Advisers are aware of that,” Willis, who co-founded ONEFUND in 2015 after stints at UBS, Paine Webber and Smith Barney, said. The ETF closest to launch, which has received approval by the SEC under the tickerZZZ, will allocate 75% of its capital to the S&P and 25% to bitcoin futures (with an option also to hold spot bitcoin, Willis said). The idea is to help mitigate bitcoin’s potential downside risk and notable volatility by investing in “the most widely held index strategy on Wall Street.” Willis said he predicts a number of hybrid funds to launch with strategies that protect the downside “vol,” or volatility, of bitcoin, perhaps using U.S. Treasuries and/or other less risky asset classes. This will also be a way for funds to differentiate themselves, given the crowded competition after11 spot bitcoin ETFswere approved on the same day. Like many, Willis sees a race to the bottom in terms of management fees — given that it's one of the few ways firms can undercut their competition. Others are offering promotions, like Bitwise slashing fees to zero for thefirst six monthsor until the fund reaches a certain asset threshold. But these marketing efforts can work only for a limited time. The other way for firms to compete is how they treat the underlying bitcoin they buy with investors’ money — either leveraging it to earn yield for the company or holding it in cold storage. Some funds, Willis said, may rehypothecate (or loan out) the bitcoins in order to earn a return, which can earn “hundreds of basis points.” See also:A Bitcoin ETF Will Never Be Your Bitcoin| Opinion For its part, ONEFUND has no intention of competing on fees, and thinks it will be able to charge higher rates because it’ll guarantee in its prospectus that the bitcoins won’t move from cold storage (the firm is talking withCaitlin Long’s Custodia Bankfor custody services). But there are other, somewhat intangible ways that firms can diversify away from the pack. For instance, the one firm holding firm to high fees is Grayscale, which is charging 1.5% on its popular GBTC product. GBTC has a lot of brand equity built up as the first traditional on-ramp into bitcoin, launching initially as a close-ended trust in 2013. The fund has seennotable withdrawalssince it transitioned to an ETF this year, though Willis said he’s surprised the fund hasn’t lost more. “It's loyalty. It's laziness. And the other side is bitcoiners don't want to go to BlackRock or Fidelity — they want to keep it in the community,” he said. ONEFUND is hoping to tap into that same sense of bitcoiner camaraderie, a sort of non-institutional institution. That’s part of the reason why it chose the Cyber Hornet branding, a phrase most closely associated with uber-bitcoiner Michael Saylor, who is not affiliated with the product. The firm, which made news when it allowed its INDEX fundshareholders to vote by proxy, has also secured a number of “kickass” tickers for its ETFs, which will all have different allocations between bitcoin and the S&P500. Triple-letter tickers, like “the Qs,” standing for Nasdaq’s QQQ, are valuable real-estate, Willis said, mentioning the “triple Z” ticker on his firm’s flagship bitcoin ETF. Indeed, a number of recently launched ETFs carry meme-worthy names, including Valkyrie's BRRR (referring to the pandemic era“money printer go BRR”meme) and VanEck’s HODL (referencing how bitcoiners buy, hold and rarely sell). See also:The Rise and Fall of Bitcoin Culture| Opinion "We think the branding is going to stand for doing things the ‘right way,’ the non-institutional choice that represents the community,” Willis said. “We're not owned by BlackRock, we're not owned by the big institutions." Still, in some sense, Willis' game plan revolves around Wall Street entering the picture. Although it may not be the most "orthodox" way to get people using bitcoin, it is the easiest and safest route to mass onboarding into bitcoin economy via ETFs, perhaps fulfilling Cory Klippsten's dream of creating"10 million bitcoiners," Willis said. The first turn of the supposed flywheel came last year, when BlackRock announced its plan to launch a bitcoin ETF, which in a way gave other Wall Street firms cover to also get involved. Now that ETFs are actually live, over the next decade more and more capital will flow into bitcoin — beginning with model portfolios, retirement accounts, pension plans and ultimately culminating in it becoming a "mainstream asset class," Willis said. "Bitcoin has been alive and well for 15 years, but on Wall Street it's been non-existent," he said. "This changes everything."... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Following a brief lull last week, bitcoin ETF inflows renewed their rapid march upward, pushing the price of the asset to its highest levels since late 2021.\nOn Tuesday, funds reached $576.8 million in net inflows, their third highest total since they started trading Jan. 11, and have already surpassed $1 billion for the week, according to the research arm of crypto exchange BitMex. BlackRock’s iShares Bitcoin Trust (IBIT) generated its own single-day record with about $520 million in flows and has totaled more than $6.5 billion in flows overall.\nSpot bitcoin ETFs based on the most current market value of the largest cryptocurrency by market capitalization have generated over $6.7 billion in inflows in less than two months, despite more than $7.5 billion in outflows from theGrayscale Bitcoin Trust (GBTC).\nThat product differs from other offerings. GBTC is a conversion from a longer-standing bitcoin trust and charges a 1.5% fee, by far the highest among the 10 new offerings.\n“Investors seem to have fully embraced spot bitcoin ETFs as an easy use channel for making bets on the cryptocurrency,” etf.com analyst Sumit Roy said. “Further price gains may encourage more investors to take the leap into these ETFs, fueling even higher prices and more inflows. Of course, this cycle can eventually play out in reverse as well.”\nThe products’ success underscores the pent-up demand for spot BTC ETFs after a decade of issuers seeking SEC approval for their applications. The new ETFs availability has now helped spur some of the most dramatic price gains in bitcoin’s 15-year history.\nSome analysts are now predicting that bitcoin will top its previous record high near $70,000, set in November 2021, in the weeks ahead or even sooner. On Wednesday, bitcoin topped $63,500 before retreating, according to CoinGecko data.\nIn a note to etf.com, Mark Connor, head researcher for Canadian crypto asset manager 3iQ wrote that he expected volumes and price to continue increasing.\n“It won’t be in a straight line, but the record flows into ETFs are accelerating without most RIAs or any of the wire house’s green lighted yet,” he noted, adding: “The price action may alarm some, but this is following the pattern BTC has followed since inception…and we are at the sweet spot for price appreciation as our 2024.”\nPermalink| © Copyright 2024etf.com.All rights reserved', 'Following a brief lull last week, bitcoin ETF inflows renewed their rapid march upward, pushing the price of the asset to its highest levels since late 2021.\nOn Tuesday, funds reached $576.8 million in net inflows, their third highest total since they started trading Jan. 11, and have already surpassed $1 billion for the week, according to the research arm of crypto exchange BitMex. BlackRock’s iShares Bitcoin Trust (IBIT) generated its own single-day record with about $520 million in flows and has totaled more than $6.5 billion in flows overall.\nSpot bitcoin ETFs based on the most current market value of the largest cryptocurrency by market capitalization have generated over $6.7 billion in inflows in less than two months, despite more than $7.5 billion in outflows from theGrayscale Bitcoin Trust (GBTC).\nThat product differs from other offerings. GBTC is a conversion from a longer-standing bitcoin trust and charges a 1.5% fee, by far the highest among the 10 new offerings.\n“Investors seem to have fully embraced spot bitcoin ETFs as an easy use channel for making bets on the cryptocurrency,” etf.com analyst Sumit Roy said. “Further price gains may encourage more investors to take the leap into these ETFs, fueling even higher prices and more inflows. Of course, this cycle can eventually play out in reverse as well.”\nThe products’ success underscores the pent-up demand for spot BTC ETFs after a decade of issuers seeking SEC approval for their applications. The new ETFs availability has now helped spur some of the most dramatic price gains in bitcoin’s 15-year history.\nSome analysts are now predicting that bitcoin will top its previous record high near $70,000, set in November 2021, in the weeks ahead or even sooner. On Wednesday, bitcoin topped $63,500 before retreating, according to CoinGecko data.\nIn a note to etf.com, Mark Connor, head researcher for Canadian crypto asset manager 3iQ wrote that he expected volumes and price to continue increasing.\n“It won’t be in a straight line, but the record flows into ETFs are accelerating without most RIAs or any of the wire house’s green lighted yet,” he noted, adding: “The price action may alarm some, but this is following the pattern BTC has followed since inception…and we are at the sweet spot for price appreciation as our 2024.”\nPermalink| © Copyright 2024etf.com.All rights reserved', 'Last month, as bitcoin approached $45,000, JPMorgan Chase CEO Jamie Dimon compared thecryptocurrencyto a Pet Rock andsaidpeople need to “stop talking about this s—.”\nNow, bitcoin investors are laughing all the way to the bank.\nThe cryptocurrency is up a whopping 20% in just five days. And with Wednesday’s gains, it’s nearing its all-time high of around $69,000 set in November 2021, the last time bitcoin traded above $60,000.\nThe rally is partly driven by billions of dollars flowing into the cryptocurrency after the US Securities and Exchange Commissiongreen litbitcoin exchange-traded funds last month.\nThe other major factor at play is the upcoming“halving” of bitcoin. Halving refers to the built-in feature of bitcoin that automatically reduces the rate of new coins entering circulation. It takes place roughly every four years and, in theory, pushes the price of bitcoin higher because it creates more scarcity of an already finite currency.\nThis happens because the bitcoin miners (who are behind programs used to solve complex math problems that are intrinsic to using the token) see their bitcoin-denominated reward cut in half when a threshold is reached.\nIn the past, bitcoin halvings have catalyzed significant bullish periods. But there’s no hard rule this is the outcome each time. Any number of events — such as the prospect of new regulations — could take a bite from any potential gains that come from a halving.\nHowever, investors so far seem to be quite optimistic that won’t play out, and are rushing to get in on the action or cash out their gains. Coinbase, a crypto exchange platform, experienced major outages as a result of the surge in trading, the company’s CEO Brian Armstrongsaidin a post on X Wednesday.\n“Some users may see a zero balance across their Coinbase accounts & may experience errors in buying or selling,” Coinbase Supportpostedon X around 1 pm ET on Wednesday. “Our team is investigating this & will provide an update shortly. Your assets are safe.”\nAn hour and a half later, Coinbase said in anotherposton X it was “beginning to see improvement in customer trading.” It added customers may still be experiencing some issues “due to increased traffic.”\nCoinbase declined to comment to CNN about the outages, beyond the X posts.\nFor more CNN news and newsletters create an account atCNN.com', 'Last month, as bitcoin approached $45,000, JPMorgan Chase CEO Jamie Dimon compared thecryptocurrencyto a Pet Rock andsaidpeople need to “stop talking about this s—.”\nNow, bitcoin investors are laughing all the way to the bank.\nThe cryptocurrency is up a whopping 20% in just five days. And with Wednesday’s gains, it’s nearing its all-time high of around $69,000 set in November 2021, the last time bitcoin traded above $60,000.\nThe rally is partly driven by billions of dollars flowing into the cryptocurrency after the US Securities and Exchange Commissiongreen litbitcoin exchange-traded funds last month.\nThe other major factor at play is the upcoming“halving” of bitcoin. Halving refers to the built-in feature of bitcoin that automatically reduces the rate of new coins entering circulation. It takes place roughly every four years and, in theory, pushes the price of bitcoin higher because it creates more scarcity of an already finite currency.\nThis happens because the bitcoin miners (who are behind programs used to solve complex math problems that are intrinsic to using the token) see their bitcoin-denominated reward cut in half when a threshold is reached.\nIn the past, bitcoin halvings have catalyzed significant bullish periods. But there’s no hard rule this is the outcome each time. Any number of events — such as the prospect of new regulations — could take a bite from any potential gains that come from a halving.\nHowever, investors so far seem to be quite optimistic that won’t play out, and are rushing to get in on the action or cash out their gains. Coinbase, a crypto exchange platform, experienced major outages as a result of the surge in trading, the company’s CEO Brian Armstrongsaidin a post on X Wednesday.\n“Some users may see a zero balance across their Coinbase accounts & may experience errors in buying or selling,” Coinbase Supportpostedon X around 1 pm ET on Wednesday. “Our team is investigating this & will provide an update shortly. Your assets are safe.”\nAn hour and a half later, Coinbase said in anotherposton X it was “beginning to see improvement in customer trading.” It added customers may still be experiencing some issues “due to increased traffic.”\nCoinbase declined to comment to CNN about the outages, beyond the X posts.\nFor more CNN news and newsletters create an account atCNN.com', "Katherine Schneider; Director, IR; Bain Capital Specialty Finance, Inc.\nMichael Ewald; CEO & Director; Bain Capital Specialty Finance, Inc.\nMike Boyle; President; Bain Capital Specialty Finance, Inc.\nAmit Joshi; CFO & Treasurer; Bain Capital Specialty Finance, Inc.\nPaul Johnson; Analyst; Keefe, Bruyette & Woods, Inc.\nOperator\nGood morning, ladies and gentlemen, and welcome to the Bain Capital. It sorry, Bain Capital Specialty Finance Fourth Quarter and Fiscal Year Ended December 31, 2023, earnings conference call. (Operato **Last 60 Days of Bitcoin's Closing Prices:** [42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-02-29 **Financial & Commodity Data:** - Gold Closing Price: $2045.70 - Crude Oil Closing Price: $78.26 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,219,209,109,650 - Hash Rate: 540324029.7322387 - Transaction Count: 407090.0 - Unique Addresses: 772702.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.80 **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 rallied to a four-week high approaching $45,000 on Thursday amid record highs in U.S. equity indexes. Bitcoin, which fell as low as $42,700 on Wednesday, climbed almost 5% to $44,800, the highest since Jan. 11, according to CoinDesk data.“Technically speaking, bitcoin has broken out of a range and could be looking for a push to a fresh yearly high through $50,000,” said LMAX Digital in a morning note. According to Laurent Kssis, a crypto ETP specialist at CEC Capital: “This pump is driven by leverage, i.e the open interest on BTC contracts has increased by $982 million in less than 24 hours.” Kssis said he remains cautious, and the $40,000 level could be tested over the weekend. “But overall liquidation indicates a further small appreciation for BTC which will break the key 45k support barrier.” Ether also gained, adding 3% to a two-week high after asset managers Ark Invest and 21Sharesamendedtheir joint spot ETH exchange-traded fund (ETF) filing.The CoinDesk 20rose 4%. Spot trading volume across centralized crypto exchangesrosefor the fourth consecutive month in January, climbing to a level last seen in June 2022 as the approval of bitcoin ETFs sparked renewed interest in digital assets.Volume increased 4.45% from December to $1.40 trillion, according to CCData. The price of bitcoin (BTC) surged going into the Jan. 10 ETF approval but mostly fell after that. “The price action following the highly anticipated approval suggests that the sell-off marked the end of an uptrend that had persisted for months,” said CCData. Binance remains the largest cryptocurrency exchange by trading volume, with volume rising 2.73% in January to $473 billion. It holds a market share of 31.3% but did see its spot share gradually decline over 2023 as the company faced an array of charges from regulators that eventually forced founder and CEO Changpeng "CZ" Zhao to step down. There is evidence the Blackrock (BLK) and Fidelity spot bitcoin (BTC) exchange-traded funds (ETFs) already have anadvantageover Grayscale when it comes to certain liquidity metrics linked to market breadth, JPMorgan (JPM) said in a research report Wednesday. Even though outflows from Grayscale’s GBTC slowed in the fourth week following approval by the U.S. Securities and Exchange Commission (SEC), the fund is expected to lose out to the newly created ETFs, and in particular to the Blackrock and Fidelity products, if it doesn't make a meaningful cut to its fees, the report said. Grayscale charges the most among spot bitcoin ETF issuers. It dropped its 2% management fee to 1.5% as part of its conversion to a spot bitcoin ETF, but is still much more expensive than rival offerings. • MicroStrategy Makes Its Case as Alternative to Spot Bitcoin ETFs • Ether Tops $2.4K as Cathie Wood's Ark, 21Shares Amend Spot ETH ETF Filing • Crypto Firm Bakkt Warns It Might Not Be Able to Remain in Business... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79
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:** ['Following a brief lull last week, bitcoin ETF inflows renewed their rapid march upward, pushing the price of the asset to its highest levels since late 2021.\nOn Tuesday, funds reached $576.8 million in net inflows, their third highest total since they started trading Jan. 11, and have already surpassed $1 billion for the week, according to the research arm of crypto exchange BitMex. BlackRock’s iShares Bitcoin Trust (IBIT) generated its own single-day record with about $520 million in flows and has totaled more than $6.5 billion in flows overall.\nSpot bitcoin ETFs based on the most current market value of the largest cryptocurrency by market capitalization have generated over $6.7 billion in inflows in less than two months, despite more than $7.5 billion in outflows from theGrayscale Bitcoin Trust (GBTC).\nThat product differs from other offerings. GBTC is a conversion from a longer-standing bitcoin trust and charges a 1.5% fee, by far the highest among the 10 new offerings.\n“Investors seem to have fully embraced spot bitcoin ETFs as an easy use channel for making bets on the cryptocurrency,” etf.com analyst Sumit Roy said. “Further price gains may encourage more investors to take the leap into these ETFs, fueling even higher prices and more inflows. Of course, this cycle can eventually play out in reverse as well.”\nThe products’ success underscores the pent-up demand for spot BTC ETFs after a decade of issuers seeking SEC approval for their applications. The new ETFs availability has now helped spur some of the most dramatic price gains in bitcoin’s 15-year history.\nSome analysts are now predicting that bitcoin will top its previous record high near $70,000, set in November 2021, in the weeks ahead or even sooner. On Wednesday, bitcoin topped $63,500 before retreating, according to CoinGecko data.\nIn a note to etf.com, Mark Connor, head researcher for Canadian crypto asset manager 3iQ wrote that he expected volumes and price to continue increasing.\n“It won’t be in a straight line, but the record flows into ETFs are accelerating without most RIAs or any of the wire house’s green lighted yet,” he noted, adding: “The price action may alarm some, but this is following the pattern BTC has followed since inception…and we are at the sweet spot for price appreciation as our 2024.”\nPermalink| © Copyright 2024etf.com.All rights reserved', 'Following a brief lull last week, bitcoin ETF inflows renewed their rapid march upward, pushing the price of the asset to its highest levels since late 2021.\nOn Tuesday, funds reached $576.8 million in net inflows, their third highest total since they started trading Jan. 11, and have already surpassed $1 billion for the week, according to the research arm of crypto exchange BitMex. BlackRock’s iShares Bitcoin Trust (IBIT) generated its own single-day record with about $520 million in flows and has totaled more than $6.5 billion in flows overall.\nSpot bitcoin ETFs based on the most current market value of the largest cryptocurrency by market capitalization have generated over $6.7 billion in inflows in less than two months, despite more than $7.5 billion in outflows from theGrayscale Bitcoin Trust (GBTC).\nThat product differs from other offerings. GBTC is a conversion from a longer-standing bitcoin trust and charges a 1.5% fee, by far the highest among the 10 new offerings.\n“Investors seem to have fully embraced spot bitcoin ETFs as an easy use channel for making bets on the cryptocurrency,” etf.com analyst Sumit Roy said. “Further price gains may encourage more investors to take the leap into these ETFs, fueling even higher prices and more inflows. Of course, this cycle can eventually play out in reverse as well.”\nThe products’ success underscores the pent-up demand for spot BTC ETFs after a decade of issuers seeking SEC approval for their applications. The new ETFs availability has now helped spur some of the most dramatic price gains in bitcoin’s 15-year history.\nSome analysts are now predicting that bitcoin will top its previous record high near $70,000, set in November 2021, in the weeks ahead or even sooner. On Wednesday, bitcoin topped $63,500 before retreating, according to CoinGecko data.\nIn a note to etf.com, Mark Connor, head researcher for Canadian crypto asset manager 3iQ wrote that he expected volumes and price to continue increasing.\n“It won’t be in a straight line, but the record flows into ETFs are accelerating without most RIAs or any of the wire house’s green lighted yet,” he noted, adding: “The price action may alarm some, but this is following the pattern BTC has followed since inception…and we are at the sweet spot for price appreciation as our 2024.”\nPermalink| © Copyright 2024etf.com.All rights reserved', 'Last month, as bitcoin approached $45,000, JPMorgan Chase CEO Jamie Dimon compared thecryptocurrencyto a Pet Rock andsaidpeople need to “stop talking about this s—.”\nNow, bitcoin investors are laughing all the way to the bank.\nThe cryptocurrency is up a whopping 20% in just five days. And with Wednesday’s gains, it’s nearing its all-time high of around $69,000 set in November 2021, the last time bitcoin traded above $60,000.\nThe rally is partly driven by billions of dollars flowing into the cryptocurrency after the US Securities and Exchange Commissiongreen litbitcoin exchange-traded funds last month.\nThe other major factor at play is the upcoming“halving” of bitcoin. Halving refers to the built-in feature of bitcoin that automatically reduces the rate of new coins entering circulation. It takes place roughly every four years and, in theory, pushes the price of bitcoin higher because it creates more scarcity of an already finite currency.\nThis happens because the bitcoin miners (who are behind programs used to solve complex math problems that are intrinsic to using the token) see their bitcoin-denominated reward cut in half when a threshold is reached.\nIn the past, bitcoin halvings have catalyzed significant bullish periods. But there’s no hard rule this is the outcome each time. Any number of events — such as the prospect of new regulations — could take a bite from any potential gains that come from a halving.\nHowever, investors so far seem to be quite optimistic that won’t play out, and are rushing to get in on the action or cash out their gains. Coinbase, a crypto exchange platform, experienced major outages as a result of the surge in trading, the company’s CEO Brian Armstrongsaidin a post on X Wednesday.\n“Some users may see a zero balance across their Coinbase accounts & may experience errors in buying or selling,” Coinbase Supportpostedon X around 1 pm ET on Wednesday. “Our team is investigating this & will provide an update shortly. Your assets are safe.”\nAn hour and a half later, Coinbase said in anotherposton X it was “beginning to see improvement in customer trading.” It added customers may still be experiencing some issues “due to increased traffic.”\nCoinbase declined to comment to CNN about the outages, beyond the X posts.\nFor more CNN news and newsletters create an account atCNN.com', 'Last month, as bitcoin approached $45,000, JPMorgan Chase CEO Jamie Dimon compared thecryptocurrencyto a Pet Rock andsaidpeople need to “stop talking about this s—.”\nNow, bitcoin investors are laughing all the way to the bank.\nThe cryptocurrency is up a whopping 20% in just five days. And with Wednesday’s gains, it’s nearing its all-time high of around $69,000 set in November 2021, the last time bitcoin traded above $60,000.\nThe rally is partly driven by billions of dollars flowing into the cryptocurrency after the US Securities and Exchange Commissiongreen litbitcoin exchange-traded funds last month.\nThe other major factor at play is the upcoming“halving” of bitcoin. Halving refers to the built-in feature of bitcoin that automatically reduces the rate of new coins entering circulation. It takes place roughly every four years and, in theory, pushes the price of bitcoin higher because it creates more scarcity of an already finite currency.\nThis happens because the bitcoin miners (who are behind programs used to solve complex math problems that are intrinsic to using the token) see their bitcoin-denominated reward cut in half when a threshold is reached.\nIn the past, bitcoin halvings have catalyzed significant bullish periods. But there’s no hard rule this is the outcome each time. Any number of events — such as the prospect of new regulations — could take a bite from any potential gains that come from a halving.\nHowever, investors so far seem to be quite optimistic that won’t play out, and are rushing to get in on the action or cash out their gains. Coinbase, a crypto exchange platform, experienced major outages as a result of the surge in trading, the company’s CEO Brian Armstrongsaidin a post on X Wednesday.\n“Some users may see a zero balance across their Coinbase accounts & may experience errors in buying or selling,” Coinbase Supportpostedon X around 1 pm ET on Wednesday. “Our team is investigating this & will provide an update shortly. Your assets are safe.”\nAn hour and a half later, Coinbase said in anotherposton X it was “beginning to see improvement in customer trading.” It added customers may still be experiencing some issues “due to increased traffic.”\nCoinbase declined to comment to CNN about the outages, beyond the X posts.\nFor more CNN news and newsletters create an account atCNN.com', "Katherine Schneider; Director, IR; Bain Capital Specialty Finance, Inc.\nMichael Ewald; CEO & Director; Bain Capital Specialty Finance, Inc.\nMike Boyle; President; Bain Capital Specialty Finance, Inc.\nAmit Joshi; CFO & Treasurer; Bain Capital Specialty Finance, Inc.\nPaul Johnson; Analyst; Keefe, Bruyette & Woods, Inc.\nOperator\nGood morning, ladies and gentlemen, and welcome to the Bain Capital. It sorry, Bain Capital Specialty Finance Fourth Quarter and Fiscal Year Ended December 31, 2023, earnings conference call. (Operato **Last 60 Days of Bitcoin's Closing Prices:** [42265.19, 44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-02-29 **Financial & Commodity Data:** - Gold Closing Price: $2045.70 - Crude Oil Closing Price: $78.26 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,219,209,109,650 - Hash Rate: 540324029.7322387 - Transaction Count: 407090.0 - Unique Addresses: 772702.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.80 **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 rallied to a four-week high approaching $45,000 on Thursday amid record highs in U.S. equity indexes. Bitcoin, which fell as low as $42,700 on Wednesday, climbed almost 5% to $44,800, the highest since Jan. 11, according to CoinDesk data.“Technically speaking, bitcoin has broken out of a range and could be looking for a push to a fresh yearly high through $50,000,” said LMAX Digital in a morning note. According to Laurent Kssis, a crypto ETP specialist at CEC Capital: “This pump is driven by leverage, i.e the open interest on BTC contracts has increased by $982 million in less than 24 hours.” Kssis said he remains cautious, and the $40,000 level could be tested over the weekend. “But overall liquidation indicates a further small appreciation for BTC which will break the key 45k support barrier.” Ether also gained, adding 3% to a two-week high after asset managers Ark Invest and 21Sharesamendedtheir joint spot ETH exchange-traded fund (ETF) filing.The CoinDesk 20rose 4%. Spot trading volume across centralized crypto exchangesrosefor the fourth consecutive month in January, climbing to a level last seen in June 2022 as the approval of bitcoin ETFs sparked renewed interest in digital assets.Volume increased 4.45% from December to $1.40 trillion, according to CCData. The price of bitcoin (BTC) surged going into the Jan. 10 ETF approval but mostly fell after that. “The price action following the highly anticipated approval suggests that the sell-off marked the end of an uptrend that had persisted for months,” said CCData. Binance remains the largest cryptocurrency exchange by trading volume, with volume rising 2.73% in January to $473 billion. It holds a market share of 31.3% but did see its spot share gradually decline over 2023 as the company faced an array of charges from regulators that eventually forced founder and CEO Changpeng "CZ" Zhao to step down. There is evidence the Blackrock (BLK) and Fidelity spot bitcoin (BTC) exchange-traded funds (ETFs) already have anadvantageover Grayscale when it comes to certain liquidity metrics linked to market breadth, JPMorgan (JPM) said in a research report Wednesday. Even though outflows from Grayscale’s GBTC slowed in the fourth week following approval by the U.S. Securities and Exchange Commission (SEC), the fund is expected to lose out to the newly created ETFs, and in particular to the Blackrock and Fidelity products, if it doesn't make a meaningful cut to its fees, the report said. Grayscale charges the most among spot bitcoin ETF issuers. It dropped its 2% management fee to 1.5% as part of its conversion to a spot bitcoin ETF, but is still much more expensive than rival offerings. • MicroStrategy Makes Its Case as Alternative to Spot Bitcoin ETFs • Ether Tops $2.4K as Cathie Wood's Ark, 21Shares Amend Spot ETH ETF Filing • Crypto Firm Bakkt Warns It Might Not Be Able to Remain in Business... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Top 10 Creations (All ETFs)\n[{"Ticker": "VGT", "Name": "Vanguard Information Technology ETF", "Net Flows ($, mm)": "4,945.56", "AUM ($, mm)": "69,412.67", "AUM % Change": "7.12%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "713.04", "AUM ($, mm)": "442,696.24", "AUM % Change": "0.16%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "520.20", "AUM ($, mm)": "8,069.56", "AUM % Change": "6.45%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "452.46", "AUM ($, mm)": "374,802.78", "AUM % Change": "0.12%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "444.70", "AUM ($, mm)": "413,710.03", "AUM % Change": "0.11%"}, {"Ticker": "EMXC", "Name": "iShares MSCI Emerging Markets ex China ETF", "Net Flows ($, mm)": "387.10", "AUM ($, mm)": "10,872.57", "AUM % Change": "3.56%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "333.04", "AUM ($, mm)": "31,918.28", "AUM % Change": "1.04%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "241.51", "AUM ($, mm)": "48,989.71", "AUM % Change": "0.49%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "240.66", "AUM ($, mm)": "252,623.54", "AUM % Change": "0.10%"}, {"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "228.08", "AUM ($, mm)": "497,891.21", "AUM % Change": "0.05%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "-308.54", "AUM ($, mm)": "16,321.70", "AUM % Change": "-1.89%"}, {"Ticker": "SOXX", "Name": "iShares Semiconductor ETF", "Net Flows ($, mm)": "-224.63", "AUM ($, mm)": "12,001.62", "AUM % Change": "-1.87%"}, {"Ticker": "XLK", "Name": "Technology Select Sector SPDR Fund", "Net Flows ($, mm)": "-205.69", "AUM ($, mm)": "63,372.91", "AUM % Change": "-0.32%"}, {"Ticker": "XLF", "Name": "Financial Select Sector SPDR Fund", "Net Flows ($, mm)": "-186.94", "AUM ($, mm)": "37,032.43", "AUM % Change": "-0.50%"}, {"Ticker": "SCHO", "Name": "Schwab Short-Term U.S. Treasury ETF", "Net Flows ($, mm)": "-180.60", "AUM ($, mm)": "10,828.78", "AUM % Change": "-1.67%"}, {"Ticker": "PWB", "Name": "Invesco Large Cap Growth ETF", "Net Flows ($, mm)": "-176.81", "AUM ($, mm)": "828.05", "AUM % Change": "-21.35%"}, {"Ticker": "PMAR", "Name": "Innovator U.S. Equity Power Buffer ETF - March", "Net Flows ($, mm)": "-168.34", "AUM ($, mm)": "337.59", "AUM % Change": "-49.87%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "-155.87", "AUM ($, mm)": "33,353.71", "AUM % Change": "-0.47%"}, {"Ticker": "SHY", "Name": "iShares 1-3 Year Treasury Bond ETF", "Net Flows ($, mm)": "-155.03", "AUM ($, mm)": "25,792.78", "AUM % Change": "-0.60%"}, {"Ticker": "VGSH", "Name": "Vanguard Short-Term Treasury Index Fund", "Net Flows ($, mm)": "-142.03", "AUM ($, mm)": "20,242.57", "AUM % Change": "-0.70%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "-2.89", "AUM ($, mm)": "6,959.56", "% of AUM": "-0.04%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "5.64", "AUM ($, mm)": "17,293.10", "% of AUM": "0.03%"}, {"": "Commodities", "Net Flows ($, mm)": "-240.01", "AUM ($, mm)": "123,518.90", "% of AUM": "-0.19%"}, {"": "Currency", "Net Flows ($, mm)": "578.06", "AUM ($, mm)": "47,092.11", "% of AUM": "1.23%"}, {"": "International Equity", "Net Flows ($, mm)": "915.95", "AUM ($, mm)": "1,415,926.18", "% of AUM": "0.06%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "-19.46", "AUM ($, mm)": "173,262.05", "% of AUM": "-0.01%"}, {"": "Inverse", "Net Flows ($, mm)": "87.26", "AUM ($, mm)": "14,047.84", "% of AUM": "0.62%"}, {"": "Leveraged", "Net Flows ($, mm)": "84.60", "AUM ($, mm)": "88,922.05", "% of AUM": "0.10%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "8,801.25", "AUM ($, mm)": "5,270,400.38", "% of AUM": "0.17%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "706.79", "AUM ($, mm)": "1,361,438.76", "% of AUM": "0.05%"}, {"": "Total:", "Net Flows ($, mm)": "10,917.19", "AUM ($, mm)": "8,518,860.92", "% of AUM": "0.13%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'By Ankur Banerjee\nSINGAPORE, March 1 (Reuters) - The dollar was steady on Friday after data showed U.S. inflation remained sticky but easing gradually, keeping alive the chance of the Federal Reserve cutting rates in June, while the yen slid back to the key 150 per dollar level.\nBitcoin\'s blistering rally took a breather and was last at $61,622, near a more than two year high and within range of the record high.\nThe cryptocurrency surged 45% in February, its biggest monthly gain in more than three years, boosted by cash rushing into exchange-traded funds which were approved and launched this year in the United States.\nThe dollar index, which measures the U.S. currency against six rivals, was at 104.11 after a volatile overnight session following the inflation report. The data showed U.S. prices picked up in January in line with expectations, while annual inflation slipped to the lowest in three years.\n"The inflation readings can be noisy month to month," strategists at Commonwealth Bank of Australia said in a note.\n"The data does emphasise the need for the FOMC to be cautious before beginning to normalise interest rates, especially in the current context of a still-tight labour market."\nA string of strong economic data and recent reports showing sticky inflation had led traders to rethink when the Fed will start its easing cycle, with expectations that June is likely to be the starting point.\nMarkets are pricing in a 65% chance of the Fed cutting rates in June, CME FedWatch tool showed, compared with March as the starting point at the beginning of the year.\nTraders are pricing in 82 basis points of cuts this year, closer to the Fed\'s own projection of 75 bps of easing and drastically lower than 150 bps of rate cuts anticipated when the year began.\nU.S. central bankers are looking through recent data showing price pressures rebounded last month, and are focusing instead on overall progress on inflation that they say will likely set the agenda for interest-rate cuts later this year.\n"I expect things are going to be bumpy," Atlanta Federal Reserve Bank President Raphael Bostic said.\nAfter a brief bout of strength on Thursday, the yen was back at 150 per dollar territory it has been rooted to in the past few weeks, leading to worries over possible intervention from the Japanese authorities.\nOn Friday, the yen weakened 0.19% to 150.27 per dollar, having strengthened to as much as 149.21 on Thursday after comments from Bank of Japan official Hajime Takata hinted at the need to exit ultra-easy policies.\nTakata\'s comments stoked expectations that the central bank could end negative rates in March rather than the widely held view of a move in April.\nBut on Friday, BOJ Governor Kazuo Ueda said it was too early to conclude that inflation was close to sustainably meeting the central bank\'s 2% inflation target and stressed the need to scrutinise more data on the wage outlook.\nThe contrasting comments are likely to keep investors guessing about the next move from the central bank.\nIn other currencies, the euro was up 0.08% at $1.0812, while sterling was last at $1.2625, up 0.02% on the day.\nThe Australian dollar rose 0.08% to $0.65025, while the New Zealand dollar was little changed at $0.6088.\n(Reporting by Ankur Banerjee in Singapore Editing by Shri Navaratnam)', "John Kraft; Head of Strategy & Finance; ACI Worldwide Inc\nThomas Warsop; Chief Executive Officer; ACI Worldwide Inc\nScott Behrens; Chief Financial Officer; ACI Worldwide Inc\nPeter Heckmann; Analyst; D.A. Davidson & Co.\nJeff Cantwell; Analyst; Seaport Global Securities LLC\nOperator\nLadies and gentlemen, thank you for standing by. My name is Cath, and I will be your conference operator today. At this time, I would like to welcome everyone to the ACI Worldwide, Inc. first quarter and full-year ended 2023 financial results. (Operator Instructions)I would now like to turn the conference over to John Kraft. Please go ahead.\nJohn Kraft\nThank you, and good morning, everyone. On today's call, we will discuss the company's fourth-quarter and full-year 2023 results. We will also discuss the financial outlook for the rest of 2024, and we'll take your questions at the end. The slides accompanying this call and webcast can be found at aciworldwide.com under the Investor Relations tab and will remain available after the call.Today's call is subject to Safe Harbor and forward-looking statements like all of our events. You can find the full text of both statements in our presentation deck and earnings release, both of which are available on our website and with the SEC.On this morning's call is Tom Warsop, our President and CEO; and Scott Behrens, our CFO. Before we begin, we wanted to make sure that everyone was aware of our upcoming Analyst Day which will be held in New York City on March 12. Please reach out if you haven't received an invitation.With that, I'll turn the call over to Tom.\nThomas Warsop\nGood morning, and thank you for joining our call. I'm going to start with some high-level thoughts on my first year as CEO, and I'll provide comments about our 2023 performance. I'll finish by reiterating my confidence in our ability to take advantage of strong market opportunities in 2024 and beyond. And then as usual, I'll hand it over to Scott and he'll discuss financial results in more detail and our outlook for 2024 and we'll open the line for questions after that.As you probably know, I've been the CEO fir **Last 60 Days of Bitcoin's Closing Prices:** [44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-01 **Financial & Commodity Data:** - Gold Closing Price: $2086.90 - Crude Oil Closing Price: $79.97 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,207,530,556,650 - Hash Rate: 608054004.3789 - Transaction Count: 419284.0 - Unique Addresses: 771270.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.80 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Tilray Brands Inc.’s diversification into the beer business paid off in the fiscal second quarter, even as the company is poised to start planting vegetables and fruit to monetize some of its unneeded cannabis cultivation space in Quebec. Most Read from Bloomberg SEC X Account Compromised to Falsely Say Bitcoin ETFs Approved US and Allies Met Secretly With Ukraine on Peace Plan BlackRock Cuts 3% of Global Workforce, Citing Dramatic Industry Shifts IPhone Survives 16,000-Foot Fall, Helps Steer Jet-Panel Hunt Chinese Billionaire Is Second-Biggest Foreign Owner of US Land Some alcohol companies have gotten into cannabis to offset the drug’s increasing cannibalization of alcohol among young drinkers. Tilray has done the opposite, acquiring craft beer brands to offset cannabis woes such as ongoing competition from the illicit market, low wholesale prices and an oversaturated Canadian market. Net revenue from the company’s alcohol business increased 117% to $47 million in the second quarter. The growth came after Tilray acquired eight beer brands from Anheuser-Busch InBev NV last August, building on purchases of other craft beers and making it the fifth-largest craft brewer in the US. “We feel there wasn’t a focus on these brands previously, and with us focusing on them, we’ll see great growth opportunities,” Tilray Chief Executive Officer Irwin Simon said in a phone interview. The company plans to make Shock Top, a Belgian-style beer, a national brand in the US, he added. Other acquired brands include Blue Point Brewing Co. and Breckenridge Brewery. Simon said the drinks portfolio also positions Tilray to get into THC beverages if US cannabis laws change. However, if cannabis is rescheduled rather than descheduled — something seen as a more likely scenario — it would mean cannabis is treated like a medicine, and still federally illegal for recreational use. Simon said Tilray could benefit even in that scenario, possibly attracting more institutional investors. The company also has a medical cannabis business. The stock jumped as much as 7.7% in Tuesday premarket trading in New York. Tilray stock fell 15% in 2023, while the Nasdaq Composite index rose 43%. Read More: Constellation Has a Plan to Combat Gen Z’s Slowing Wine Thirst Tilray’s overall quarterly net revenue grew around 34%, more than expected, and it reiterated 2024 guidance. It had earlier announced plans to start growing vegetables in Quebec, where there’s big demand for those agricultural food commodities. Simon said its Quebec facility is ready to start growing strawberries, cucumbers, eggplants — and maybe tomatoes — starting around the middle of this month. Story continues This story was produced with the assistance of Bloomberg Automation. Most Read from Bloomberg Businessweek Tropical Underworld: The Murder Case That Could Topple an Alleged Crime Empire Private Equity’s Horrible, No-Good ’23 Set to Continue Into ’24 Can Biden Convince Americans His Brand of Populism Is Better Than Trump’s? Is There Any Hope for Hollywood? Why ‘Dad’ Should Not Be Part of Your Professional Vocabulary ©2024 Bloomberg L.P. 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.
62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Top 10 Creations (All ETFs)\n[{"Ticker": "VGT", "Name": "Vanguard Information Technology ETF", "Net Flows ($, mm)": "4,945.56", "AUM ($, mm)": "69,412.67", "AUM % Change": "7.12%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "713.04", "AUM ($, mm)": "442,696.24", "AUM % Change": "0.16%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "520.20", "AUM ($, mm)": "8,069.56", "AUM % Change": "6.45%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "452.46", "AUM ($, mm)": "374,802.78", "AUM % Change": "0.12%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "444.70", "AUM ($, mm)": "413,710.03", "AUM % Change": "0.11%"}, {"Ticker": "EMXC", "Name": "iShares MSCI Emerging Markets ex China ETF", "Net Flows ($, mm)": "387.10", "AUM ($, mm)": "10,872.57", "AUM % Change": "3.56%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "333.04", "AUM ($, mm)": "31,918.28", "AUM % Change": "1.04%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "241.51", "AUM ($, mm)": "48,989.71", "AUM % Change": "0.49%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "240.66", "AUM ($, mm)": "252,623.54", "AUM % Change": "0.10%"}, {"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "228.08", "AUM ($, mm)": "497,891.21", "AUM % Change": "0.05%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "-308.54", "AUM ($, mm)": "16,321.70", "AUM % Change": "-1.89%"}, {"Ticker": "SOXX", "Name": "iShares Semiconductor ETF", "Net Flows ($, mm)": "-224.63", "AUM ($, mm)": "12,001.62", "AUM % Change": "-1.87%"}, {"Ticker": "XLK", "Name": "Technology Select Sector SPDR Fund", "Net Flows ($, mm)": "-205.69", "AUM ($, mm)": "63,372.91", "AUM % Change": "-0.32%"}, {"Ticker": "XLF", "Name": "Financial Select Sector SPDR Fund", "Net Flows ($, mm)": "-186.94", "AUM ($, mm)": "37,032.43", "AUM % Change": "-0.50%"}, {"Ticker": "SCHO", "Name": "Schwab Short-Term U.S. Treasury ETF", "Net Flows ($, mm)": "-180.60", "AUM ($, mm)": "10,828.78", "AUM % Change": "-1.67%"}, {"Ticker": "PWB", "Name": "Invesco Large Cap Growth ETF", "Net Flows ($, mm)": "-176.81", "AUM ($, mm)": "828.05", "AUM % Change": "-21.35%"}, {"Ticker": "PMAR", "Name": "Innovator U.S. Equity Power Buffer ETF - March", "Net Flows ($, mm)": "-168.34", "AUM ($, mm)": "337.59", "AUM % Change": "-49.87%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "-155.87", "AUM ($, mm)": "33,353.71", "AUM % Change": "-0.47%"}, {"Ticker": "SHY", "Name": "iShares 1-3 Year Treasury Bond ETF", "Net Flows ($, mm)": "-155.03", "AUM ($, mm)": "25,792.78", "AUM % Change": "-0.60%"}, {"Ticker": "VGSH", "Name": "Vanguard Short-Term Treasury Index Fund", "Net Flows ($, mm)": "-142.03", "AUM ($, mm)": "20,242.57", "AUM % Change": "-0.70%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "-2.89", "AUM ($, mm)": "6,959.56", "% of AUM": "-0.04%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "5.64", "AUM ($, mm)": "17,293.10", "% of AUM": "0.03%"}, {"": "Commodities", "Net Flows ($, mm)": "-240.01", "AUM ($, mm)": "123,518.90", "% of AUM": "-0.19%"}, {"": "Currency", "Net Flows ($, mm)": "578.06", "AUM ($, mm)": "47,092.11", "% of AUM": "1.23%"}, {"": "International Equity", "Net Flows ($, mm)": "915.95", "AUM ($, mm)": "1,415,926.18", "% of AUM": "0.06%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "-19.46", "AUM ($, mm)": "173,262.05", "% of AUM": "-0.01%"}, {"": "Inverse", "Net Flows ($, mm)": "87.26", "AUM ($, mm)": "14,047.84", "% of AUM": "0.62%"}, {"": "Leveraged", "Net Flows ($, mm)": "84.60", "AUM ($, mm)": "88,922.05", "% of AUM": "0.10%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "8,801.25", "AUM ($, mm)": "5,270,400.38", "% of AUM": "0.17%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "706.79", "AUM ($, mm)": "1,361,438.76", "% of AUM": "0.05%"}, {"": "Total:", "Net Flows ($, mm)": "10,917.19", "AUM ($, mm)": "8,518,860.92", "% of AUM": "0.13%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'By Ankur Banerjee\nSINGAPORE, March 1 (Reuters) - The dollar was steady on Friday after data showed U.S. inflation remained sticky but easing gradually, keeping alive the chance of the Federal Reserve cutting rates in June, while the yen slid back to the key 150 per dollar level.\nBitcoin\'s blistering rally took a breather and was last at $61,622, near a more than two year high and within range of the record high.\nThe cryptocurrency surged 45% in February, its biggest monthly gain in more than three years, boosted by cash rushing into exchange-traded funds which were approved and launched this year in the United States.\nThe dollar index, which measures the U.S. currency against six rivals, was at 104.11 after a volatile overnight session following the inflation report. The data showed U.S. prices picked up in January in line with expectations, while annual inflation slipped to the lowest in three years.\n"The inflation readings can be noisy month to month," strategists at Commonwealth Bank of Australia said in a note.\n"The data does emphasise the need for the FOMC to be cautious before beginning to normalise interest rates, especially in the current context of a still-tight labour market."\nA string of strong economic data and recent reports showing sticky inflation had led traders to rethink when the Fed will start its easing cycle, with expectations that June is likely to be the starting point.\nMarkets are pricing in a 65% chance of the Fed cutting rates in June, CME FedWatch tool showed, compared with March as the starting point at the beginning of the year.\nTraders are pricing in 82 basis points of cuts this year, closer to the Fed\'s own projection of 75 bps of easing and drastically lower than 150 bps of rate cuts anticipated when the year began.\nU.S. central bankers are looking through recent data showing price pressures rebounded last month, and are focusing instead on overall progress on inflation that they say will likely set the agenda for interest-rate cuts later this year.\n"I expect things are going to be bumpy," Atlanta Federal Reserve Bank President Raphael Bostic said.\nAfter a brief bout of strength on Thursday, the yen was back at 150 per dollar territory it has been rooted to in the past few weeks, leading to worries over possible intervention from the Japanese authorities.\nOn Friday, the yen weakened 0.19% to 150.27 per dollar, having strengthened to as much as 149.21 on Thursday after comments from Bank of Japan official Hajime Takata hinted at the need to exit ultra-easy policies.\nTakata\'s comments stoked expectations that the central bank could end negative rates in March rather than the widely held view of a move in April.\nBut on Friday, BOJ Governor Kazuo Ueda said it was too early to conclude that inflation was close to sustainably meeting the central bank\'s 2% inflation target and stressed the need to scrutinise more data on the wage outlook.\nThe contrasting comments are likely to keep investors guessing about the next move from the central bank.\nIn other currencies, the euro was up 0.08% at $1.0812, while sterling was last at $1.2625, up 0.02% on the day.\nThe Australian dollar rose 0.08% to $0.65025, while the New Zealand dollar was little changed at $0.6088.\n(Reporting by Ankur Banerjee in Singapore Editing by Shri Navaratnam)', "John Kraft; Head of Strategy & Finance; ACI Worldwide Inc\nThomas Warsop; Chief Executive Officer; ACI Worldwide Inc\nScott Behrens; Chief Financial Officer; ACI Worldwide Inc\nPeter Heckmann; Analyst; D.A. Davidson & Co.\nJeff Cantwell; Analyst; Seaport Global Securities LLC\nOperator\nLadies and gentlemen, thank you for standing by. My name is Cath, and I will be your conference operator today. At this time, I would like to welcome everyone to the ACI Worldwide, Inc. first quarter and full-year ended 2023 financial results. (Operator Instructions)I would now like to turn the conference over to John Kraft. Please go ahead.\nJohn Kraft\nThank you, and good morning, everyone. On today's call, we will discuss the company's fourth-quarter and full-year 2023 results. We will also discuss the financial outlook for the rest of 2024, and we'll take your questions at the end. The slides accompanying this call and webcast can be found at aciworldwide.com under the Investor Relations tab and will remain available after the call.Today's call is subject to Safe Harbor and forward-looking statements like all of our events. You can find the full text of both statements in our presentation deck and earnings release, both of which are available on our website and with the SEC.On this morning's call is Tom Warsop, our President and CEO; and Scott Behrens, our CFO. Before we begin, we wanted to make sure that everyone was aware of our upcoming Analyst Day which will be held in New York City on March 12. Please reach out if you haven't received an invitation.With that, I'll turn the call over to Tom.\nThomas Warsop\nGood morning, and thank you for joining our call. I'm going to start with some high-level thoughts on my first year as CEO, and I'll provide comments about our 2023 performance. I'll finish by reiterating my confidence in our ability to take advantage of strong market opportunities in 2024 and beyond. And then as usual, I'll hand it over to Scott and he'll discuss financial results in more detail and our outlook for 2024 and we'll open the line for questions after that.As you probably know, I've been the CEO fir **Last 60 Days of Bitcoin's Closing Prices:** [44167.33, 44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-01 **Financial & Commodity Data:** - Gold Closing Price: $2086.90 - Crude Oil Closing Price: $79.97 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,207,530,556,650 - Hash Rate: 608054004.3789 - Transaction Count: 419284.0 - Unique Addresses: 771270.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.80 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Tilray Brands Inc.’s diversification into the beer business paid off in the fiscal second quarter, even as the company is poised to start planting vegetables and fruit to monetize some of its unneeded cannabis cultivation space in Quebec. Most Read from Bloomberg SEC X Account Compromised to Falsely Say Bitcoin ETFs Approved US and Allies Met Secretly With Ukraine on Peace Plan BlackRock Cuts 3% of Global Workforce, Citing Dramatic Industry Shifts IPhone Survives 16,000-Foot Fall, Helps Steer Jet-Panel Hunt Chinese Billionaire Is Second-Biggest Foreign Owner of US Land Some alcohol companies have gotten into cannabis to offset the drug’s increasing cannibalization of alcohol among young drinkers. Tilray has done the opposite, acquiring craft beer brands to offset cannabis woes such as ongoing competition from the illicit market, low wholesale prices and an oversaturated Canadian market. Net revenue from the company’s alcohol business increased 117% to $47 million in the second quarter. The growth came after Tilray acquired eight beer brands from Anheuser-Busch InBev NV last August, building on purchases of other craft beers and making it the fifth-largest craft brewer in the US. “We feel there wasn’t a focus on these brands previously, and with us focusing on them, we’ll see great growth opportunities,” Tilray Chief Executive Officer Irwin Simon said in a phone interview. The company plans to make Shock Top, a Belgian-style beer, a national brand in the US, he added. Other acquired brands include Blue Point Brewing Co. and Breckenridge Brewery. Simon said the drinks portfolio also positions Tilray to get into THC beverages if US cannabis laws change. However, if cannabis is rescheduled rather than descheduled — something seen as a more likely scenario — it would mean cannabis is treated like a medicine, and still federally illegal for recreational use. Simon said Tilray could benefit even in that scenario, possibly attracting more institutional investors. The company also has a medical cannabis business. The stock jumped as much as 7.7% in Tuesday premarket trading in New York. Tilray stock fell 15% in 2023, while the Nasdaq Composite index rose 43%. Read More: Constellation Has a Plan to Combat Gen Z’s Slowing Wine Thirst Tilray’s overall quarterly net revenue grew around 34%, more than expected, and it reiterated 2024 guidance. It had earlier announced plans to start growing vegetables in Quebec, where there’s big demand for those agricultural food commodities. Simon said its Quebec facility is ready to start growing strawberries, cucumbers, eggplants — and maybe tomatoes — starting around the middle of this month. Story continues This story was produced with the assistance of Bloomberg Automation. Most Read from Bloomberg Businessweek Tropical Underworld: The Murder Case That Could Topple an Alleged Crime Empire Private Equity’s Horrible, No-Good ’23 Set to Continue Into ’24 Can Biden Convince Americans His Brand of Populism Is Better Than Trump’s? Is There Any Hope for Hollywood? Why ‘Dad’ Should Not Be Part of Your Professional Vocabulary ©2024 Bloomberg L.P. 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. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Top 10 Creations (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "3,491.77", "AUM ($, mm)": "500,604.70", "AUM % Change": "0.70%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "696.39", "AUM ($, mm)": "251,983.35", "AUM % Change": "0.28%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "612.10", "AUM ($, mm)": "9,147.06", "AUM % Change": "6.69%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "508.52", "AUM ($, mm)": "442,511.98", "AUM % Change": "0.11%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "322.63", "AUM ($, mm)": "413,384.34", "AUM % Change": "0.08%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "301.02", "AUM ($, mm)": "32,240.87", "AUM % Change": "0.93%"}, {"Ticker": "RSP", "Name": "Invesco S&P 500 Equal Weight ETF", "Net Flows ($, mm)": "294.96", "AUM ($, mm)": "50,271.99", "AUM % Change": "0.59%"}, {"Ticker": "AGG", "Name": "iShares Core U.S. Aggregate Bond ETF", "Net Flows ($, mm)": "252.74", "AUM ($, mm)": "102,098.30", "AUM % Change": "0.25%"}, {"Ticker": "FBTC", "Name": "Fidelity Wise Origin Bitcoin Fund", "Net Flows ($, mm)": "245.17", "AUM ($, mm)": "6,234.73", "AUM % Change": "3.93%"}, {"Ticker": "TNA", "Name": "Direxion Daily Small Cap Bull 3x Shares", "Net Flows ($, mm)": "245.07", "AUM ($, mm)": "2,415.92", "AUM % Change": "10.14%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "-562.72", "AUM ($, mm)": "15,748.51", "AUM % Change": "-3.57%"}, {"Ticker": "SOXX", "Name": "iShares Semiconductor ETF", "Net Flows ($, mm)": "-222.22", "AUM ($, mm)": "11,650.44", "AUM % Change": "-1.91%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-216.40", "AUM ($, mm)": "26,431.07", "AUM % Change": "-0.82%"}, {"Ticker": "XLB", "Name": "Materials Select Sector SPDR Fund", "Net Flows ($, mm)": "-208.55", "AUM ($, mm)": "4,859.42", "AUM % Change": "-4.29%"}, {"Ticker": "GLD", "Name": "SPDR Gold Trust", "Net Flows ($, mm)": "-169.40", "AUM ($, mm)": "53,756.49", "AUM % Change": "-0.32%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "-155.87", "AUM ($, mm)": "33,197.02", "AUM % Change": "-0.47%"}, {"Ticker": "VCIT", "Name": "Vanguard Intermediate-Term Corporate Bond ETF", "Net Flows ($, mm)": "-151.34", "AUM ($, mm)": "45,768.45", "AUM % Change": "-0.33%"}, {"Ticker": "XLI", "Name": "Industrial Select Sector SPDR Fund", "Net Flows ($, mm)": "-114.56", "AUM ($, mm)": "16,662.60", "AUM % Change": "-0.69%"}, {"Ticker": "SHY", "Name": "iShares 1-3 Year Treasury Bond ETF", "Net Flows ($, mm)": "-114.34", "AUM ($, mm)": "25,702.81", "AUM % Change": "-0.44%"}, {"Ticker": "USMV", "Name": "iShares MSCI USA Min Vol Factor ETF", "Net Flows ($, mm)": "-114.05", "AUM ($, mm)": "25,083.65", "AUM % Change": "-0.45%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "22.24", "AUM ($, mm)": "6,971.88", "% of AUM": "0.32%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "46.50", "AUM ($, mm)": "17,326.30", "% of AUM": "0.27%"}, {"": "Commodities", "Net Flows ($, mm)": "-298.00", "AUM ($, mm)": "122,898.36", "% of AUM": "-0.24%"}, {"": "Currency", "Net Flows ($, mm)": "680.31", "AUM ($, mm)": "50,272.98", "% of AUM": "1.35%"}, {"": "International Equity", "Net Flows ($, mm)": "340.62", "AUM ($, mm)": "1,406,756.56", "% of AUM": "0.02%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "79.40", "AUM ($, mm)": "173,512.01", "% of AUM": "0.05%"}, {"": "Inverse", "Net Flows ($, mm)": "-136.19", "AUM ($, mm)": "13,979.11", "% of AUM": "-0.97%"}, {"": "Leveraged", "Net Flows ($, mm)": "584.46", "AUM ($, mm)": "88,805.06", "% of AUM": "0.66%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "7,014.99", "AUM ($, mm)": "5,267,330.84", "% of AUM": "0.13%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "870.61", "AUM ($, mm)": "1,364,702.68", "% of AUM": "0.06%"}, {"": "Total:", "Net Flows ($, mm)": "9,204.93", "AUM ($, mm)": "8,512,555.78", "% of AUM": "0.11%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'Worldcoin is an ambitious project led by Sam Altman and OpenAI. The futuristic project is using eye-scanning technology to verify identities, and uses blockchain technology to store and process data. With backing from Microsoft, many are hoping to see a large-scale roll out of the project. However, recent news about a lawsuit between OpenAI and Elon Musk may dampen those hopes.\nMusk is a serial entrepreneur, currently serving as the CEO of Tesla among other duties. However, he was a co-founder of OpenAI back in 2015 with current OpenAI CEO Sam Altman. Musk has since gone to start his own AI company, called xAI, and has shown some opposition to OpenAI since.\nDon\'t Miss:\n• Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\nThe lawsuit is in regards to alleged contractual agreements between Musk and Altman made in 2015 surrounding the future of the company. In particular, Musk believes that OpenAI has abandoned its goal to "benefit humanity", and is instead heavily focused on profits.\nMusk claims that OpenAI went to great lengths to keep GPT-4, OpenAI\'s strongest generative AI yet, a "complete secret". Additionally, OpenAI charges for use of GPT-4, having users purchase a $20/month subscription in order to access it.\nThe exact monetary amount in the lawsuit is still unknown, but it is likely a sizable amount, given OpenAI\'s extreme growth as well as the size of its main backer, Microsoft.\nAll of this news has negatively impacted Worldcoin, which has essentially served as a crypto-proxy for investing in OpenAI and Sam Altman.\nOvernight, the price of Worldcoin (WLD) fell nearly 15%, going from $8.38 to a low of $7.20. While the price did recover a bit and is currently trading around the $8 level, the news certainly caused some to sell.\nWhile the lawsuit is certainly a roadblock for OpenAI, the company, along with Worldcoin, have performed extremely well over the past month. In February, OpenAI showcased itsgenerative video AI, called Sora. The technology was highly anticipated and was shown much sooner than most experts expected. In fact, the news caused WLD to spike more than 200% in a matter of days.\nSo, the current downturn from the lawsuit is very small compared to the massive run up that WLD has had in the past weeks, potentially showing how bullish investors are on the promising technology. However, the lawsuit was just filed, so details are sparse. As more information comes out, WLD will likely adjust accordingly.\nRead Next:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin has jumped another 25% already this year –how much would you need to get started today?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleWorldcoin Falls as Elon Musk Sues Sam Altman, OpenAIoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', '• US stocks rose on Friday, powered by a rally in tech stocks that took the Nasdaq to an intraday record.\n• Investors also parsed new Fedspeak from several central bank speakers throughout the day\n• "I don\'t want to have to raise rates again," Atlant Fed President Raphael Bostic said.\nUS stocks rose on Friday, powered by a rally in tech stocks that took the Nasdaq up to a record high and helped the S&P 500 close above 5,100 for the first time ever.\nThe tech-focused Nasdaq Composite rose 1.14% on Friday, continuing its ascent after closing last month at its first record high since 2021. The rally has been powered by the ongoing AI euphoria that has pushed stocks like Nvidia up 70% so far this year. On Friday, shares of Dell Technologiesrocketed 31% higherto an all-time high as investors cheered its latest earnings, which included a positive AI-related business update.\nInvestors also sifted through a slew of comments from Fed officials on Friday to gauge where interest rates could be headed this year.\nAtlanta Fed president Raphael Bostic said he would like to wait for inflation to sink low enough that the Fed can avoid reversing course and switching back to rate hikes after rate cuts.\n"I don\'t want to have to raise rates again," he said. "It will probably be longer before inflation gets back to our 2% target. I am willing to wait."\nAlso on the inflation front, Fed Governor Adriana Kugler said that she was "cautiously optimistic" about continued disinflation taking place alongside a resilient labor market.\nMeanwhile, yields on the two-year note slipped 10.8 basis points to 4.53% after Fed governor Christopher Waller said he would like the Fed to boost its share of short-term bonds.\nHere\'s where US indexes stood at the closing bell at 4:00 p.m. on Friday:\n• S&P 500:5,137.09, up 0.8%\n• Dow Jones Industrial Average:39,087.38, up 0.23% (+90.99 points)\n• Nasdaq Composite:16,274.94, up 1.14%\nHere\'s what else is going on:\n• The"debt debasement" trade is ramping upas the US adds $1 trillion to the national debt every 100 days, Bank of America says.\n• China is the o **Last 60 Days of Bitcoin's Closing Prices:** [44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-02 **Financial & Commodity Data:** - Gold Closing Price: $2086.90 - Crude Oil Closing Price: $79.97 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,216,935,034,875 - Hash Rate: 500960510.1218159 - Transaction Count: 339311.0 - Unique Addresses: 623680.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.80 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Ankur Banerjee SINGAPORE, Jan 10 (Reuters) - The dollar was steady on Wednesday in cautious trading ahead of U.S. inflation data due later this week that is likely to influence the Federal Reserve's policy, while bitcoin was volatile after a fake social media post rattled markets. The U.S. securities regulator said someone briefly accessed its X social media account and posted a fake message saying it had approved exchange traded funds (ETFs) for bitcoin. The Securities and Exchange Commission (SEC) said it had not yet approved spot bitcoin ETFs. Bitcoin surged to a fresh 21-month peak of $47,897 after the fake post, before sliding down to below $45,000 within minutes as the SEC deleted and disavowed the information. The world's biggest cryptocurrency was last down 0.5% at $45,897. Anticipation of a positive SEC decision on ETFs, which is likely to draw billions in new investments, has boosted bitcoin prices in the past two months. "The reality is most who have followed the saga have moved on and the green light from the SEC is fully priced," said Chris Weston, head of research at Pepperstone. Weston said the market was focused on when the various ETFs would start to trade, how many bitcoins would be held by the end of the year and the dollar value of inflows over that time. In the currency market, the dollar remained on the front foot, with the dollar index, which measures the U.S. currency against six rivals, last at 102.53, after gaining 0.215% on Tuesday. The index is up 1% this month, after dropping 2% in December as traders reassess how steep and early the rate cuts from the Fed are likely to be. The Fed's surprising dovish tilt in December, when it projected 75 basis points (bps) of rate cuts in 2024, turbo-charged market expectations of easing with traders last month anticipating as much as 160 bps of cuts. Markets have since reassessed the chances and currently are pricing in 140 bps of cuts this year. Traders are focused on the release of the U.S. consumer price index report on Thursday to help predict the likelihood of a March rate cut. The report is expected to show headline inflation rose 0.2% in the month and by 3.2% on an annual basis. Fed funds futures indicate a 64% probability of the Fed easing in March versus 80% a week earlier, the CME FedWatch tool showed. Joseph Capurso, head of international and sustainable economics at Commonwealth Bank of Australia, said May was more likely to be the start of a U.S. rate cut cycle because the labour market is tight and inflation remains above the Fed's 2% target. A reassessment of the predicted start of the rate cut cycle could support the U.S. dollar in the coming months, he said. In other currencies, the euro was down 0.05% to $1.0926, while sterling was last at $1.2709, up 0.03% on the day. The Japanese yen weakened 0.19% to 144.74 per dollar. The Australian dollar rose 0.16% to $0.669. Australia's inflation slowed to a near two-year low in November and core inflation also eased sharply, a softer-than-expected result that reinforced market expectations interest rates would not need to rise any further. The New Zealand dollar eased 0.02% to $0.624. (Reporting by Ankur Banerjee in Singapore; Editing by Jamie Freed)... - Reddit Posts (Sample): [['u/pressonacott', 'Correlation with bitcoin', 34, '2024-03-02 00:01', 'https://www.reddit.com/r/amcstock/comments/1b48frk/correlation_with_bitcoin/', "I'm curious if/when bitcoin drops, meme stocks rally again like January and AMC runup like may 20th-june 2nd 2021. \n\nIf this happens, then you will see that there is a need for liquidity to sell off and run meme stocks up like what happened in the past. This is possibly due to ftd, shorts balancing the books, and let buying pressure sizzle out since they have been holding back in dark pools. ", 'https://www.reddit.com/r/amcstock/comments/1b48frk/correlation_with_bitcoin/', '1b48frk', [['u/Wanksters_Paradise', 10, '2024-03-02 00:27', 'https://www.reddit.com/r/amcstock/comments/1b48frk/correlation_with_bitcoin/ksxdoe5/', 'I feel you. What I’m about to say is pure speculation only. I also hold some BTC and have for a while. \n\nThat said, I’ve suspected that crypto will be hit hard when liquidations begin / there’s a major financial event that forces the closure of short positions . \n\nMy fear is that the crypto sell-off proceeds will be used to cover a lot of the short positions out there, even more so if some institutions own it on leverage. Same can be said about some of the magnificent 7.\n\nThis could be further exasperated if the same institutions short them from the top (BTC through ETF?) and use that money towards settling open transactions too.\n\nIf they effectively own a combined 10,000,000 BTC with leverage, that’s $600B right there. \n\nWouldn’t be surprised if the media covers it by talking about a crackdown on “unregulated crypto”, FTX, painting it in a bad light etc. \n\nNote that I’m not talking bad about crypto. I see the utility and believe in it long term, owning several myself. I have no idea what will happen, the above is pure speculation.', '1b48frk'], ['u/YogurtclosetAny8510', 13, '2024-03-02 05:47', 'https://www.reddit.com/r/amcstock/comments/1b48frk/correlation_with_bitcoin/ksymbpv/', 'Agreed. \n\nThis btc run up after reading the DD is the fomo institutions are creating to get a hold of liquidity for their shenanigans against AMC and GME among other naked shorted stocks. \n\nMOASS is inbound!\n\nWe are currently living in The Big Short 2.0!!\n\nBank insolvency in near.', '1b48frk']]], ['u/possys2', "Why isn't bitcoin price having more media coverage?", 14, '2024-03-02 00:24', 'https://www.reddit.com/r/Bitcoin/comments/1b4901q/why_isnt_bitcoin_price_having_more_media_coverage/', "So I'm down the pub having a few beers with a mate, who I haven't seen for 6 months. \nI show him the price of bitcoin, he says fucking hell, I didn't know it was that high, I've not seen/heard anything about it.\n\nIs main stream media hiding this to the public? Or does it need to break the ATH before its news again? \n", 'https://www.reddit.com/r/Bitcoin/comments/1b4901q/why_isnt_bitcoin_price_having_more_media_coverage/', '1b4901q', [['u/Time-Indication-1337', 25, '2024-03-02 00:31', 'https://www.reddit.com/r/Bitcoin/comments/1b4901q/why_isnt_bitcoin_price_having_more_media_coverage/ksxechr/', 'I’d say another ATH will give them something to harp on about. But the price being as it is without much media coverage just makes me more bullish.', '1b4901q'], ['u/theprincessofwhales', 11, '2024-03-02 00:47', 'https://www.reddit.com/r/Bitcoin/comments/1b4901q/why_isnt_bitcoin_price_having_more_media_coverage/ksxguh4/', 'I think mainstream media doesn\'t necessarily hide bitcoin news, but they certainly enjoy debating and mocking it. Pretty much anytime mainstream media talks btc or crypto it\'s presented in this light of "I don\'t get it hehehe! So confusing! But look at it go!". This week on CNBC they asked during the btc news bit, if the halving was something out of the Bible. \n\nIt\'s pathetic but on purpose how MSM chooses to frame their conversations surrounding bitcoin.', '1b4901q'], ['u/Sunnyjim333', 17, '2024-03-02 00:57', 'https://www.reddit.com/r/Bitcoin/comments/1b4901q/why_isnt_bitcoin_price_having_more_media_coverage/ksxia5h/', 'If the average populace learned what a fiat based economy really is, there would be riots.', '1b4901q'], ['u/DanNotTheMann', 19, '2024-03-02 02:02', 'https://www.reddit.com/r/Bitcoin/comments/1b4901q/why_isnt_bitcoin_price_having_more_media_coverage/ksxs235/', "I'd prefer no media coverage so we have more time to accumulate before mass FOMO breaks out and causes the price to go parabolic", '1b4901q']]], ['u/gen66', "In case you still haven't realized, the ALT season officially started today, and now everyone can feel like a genius investor.", 798, '2024-03-02 00:36', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/', "As BTC all time high is imminent at this point, even before the halving, the alt season calmly started 12 hours ago. 15-20 stagnant alts that I have been watching for an eternity gained 15-20% like it's nothing. Even the worst most scummy projects I know jumped like crazy(except XRP ofc, this thing is dead). The season of the green dildos is open, everyone is a genius, it's very difficult to make a mistake. You can realize your mistake only once the market settles and the alts starts going back down along with a few rug pulls. \nIf you catch yourself thinking, oh man, if I put a few hundred bucks here last week, I would have doubled now! Oh!! If I put my salary in these 3 AI shitcoins 15 days ago, I would have tripled!!! Yep, that's it, alts are jumping on the back of papa BTC. Enjoy. \n\n\n​", 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/', '1b49ade', [['u/Gunnxo', 356, '2024-03-02 00:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxfokn/', 'This is nothing yet sir', '1b49ade'], ['u/gen66', 88, '2024-03-02 00:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxgdc5/', 'Indeed, it just started.', '1b49ade'], ['u/Tonijran', 94, '2024-03-02 01:00', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxis6p/', 'ETH ETFs will kick off the true Alt rally. \n(In my personal opinion, but I don’t know shit about duck)', '1b49ade'], ['u/flo-089', 18, '2024-03-02 01:03', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxj8ay/', 'which one to buy?', '1b49ade'], ['u/Parush9', 132, '2024-03-02 01:06', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxjm5x/', 'Just random meme’s and shit coins are popping up here and there . We are still way far from Alt season picking up .', '1b49ade'], ['u/Legitimate_Suit_3431', 67, '2024-03-02 01:13', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxkqet/', 'The winning ones', '1b49ade'], ['u/swordluk', 39, '2024-03-02 01:14', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxktfa/', "it's like boiling the water.. first you see some small bubbles rising.. then out of sudden.. 😁", '1b49ade'], ['u/CoffeeVikings', 77, '2024-03-02 01:18', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxlhbh/', 'Just saw ADA is up 15% to .75 cents now. Exciting times ahead', '1b49ade'], ['u/Logvin', 171, '2024-03-02 01:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxmzz0/', '“Officially”\n\nShit did I miss the CEO of Altcoin’s announcement!?', '1b49ade'], ['u/duckyTheFirst', 97, '2024-03-02 01:36', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxo7m2/', 'I still think were gonna crash really hard before we see a raise in 4-5 months after the halving... omg is this what being a bear is like? Am i a bear!?', '1b49ade'], ['u/Comfortable-Bread249', 420, '2024-03-02 01:43', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxpbax/', 'Tell that to my stagnant MATIC bag', '1b49ade'], ['u/BenniBoom707', 212, '2024-03-02 01:53', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxqs5l/', 'When I’m seeing Doge and Shib start pumping I know the hysteria is starting to kick in….\n\nBONK up 124% in a week!! The Solana Shitcoin is going bonkers', '1b49ade'], ['u/yamaha4fun', 248, '2024-03-02 01:54', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxqxee/', 'cries in LRC', '1b49ade'], ['u/MrAccountant213', 22, '2024-03-02 01:56', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxr93d/', 'His press conference was great', '1b49ade'], ['u/Cirewess', 64, '2024-03-02 02:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxs2iq/', 'I don\'t even hold XRP and it gets me every time the absolute XRP hate and critiques. literally the only blockchain to spend 100\'s of millions of dollars to defend crypto from an over stepping agency (and defend themselves of course) and no one bats an eye... no ATH in 5 years because a lawsuit was dropped literally December of 2020, whats that like 3 months before everything sky rocketed and it still when to almost $2 with a lawsuit and hasn\'t left the top 10 in how long? oh right it\'s certainly "dead" as one of the biggest market caps in all of crypto...', '1b49ade'], ['u/alander4', 17, '2024-03-02 02:03', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxs9nd/', 'Well if it’s a true alt season it won’t matter w... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Top 10 Creations (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "3,491.77", "AUM ($, mm)": "500,604.70", "AUM % Change": "0.70%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "696.39", "AUM ($, mm)": "251,983.35", "AUM % Change": "0.28%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "612.10", "AUM ($, mm)": "9,147.06", "AUM % Change": "6.69%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "508.52", "AUM ($, mm)": "442,511.98", "AUM % Change": "0.11%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "322.63", "AUM ($, mm)": "413,384.34", "AUM % Change": "0.08%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "301.02", "AUM ($, mm)": "32,240.87", "AUM % Change": "0.93%"}, {"Ticker": "RSP", "Name": "Invesco S&P 500 Equal Weight ETF", "Net Flows ($, mm)": "294.96", "AUM ($, mm)": "50,271.99", "AUM % Change": "0.59%"}, {"Ticker": "AGG", "Name": "iShares Core U.S. Aggregate Bond ETF", "Net Flows ($, mm)": "252.74", "AUM ($, mm)": "102,098.30", "AUM % Change": "0.25%"}, {"Ticker": "FBTC", "Name": "Fidelity Wise Origin Bitcoin Fund", "Net Flows ($, mm)": "245.17", "AUM ($, mm)": "6,234.73", "AUM % Change": "3.93%"}, {"Ticker": "TNA", "Name": "Direxion Daily Small Cap Bull 3x Shares", "Net Flows ($, mm)": "245.07", "AUM ($, mm)": "2,415.92", "AUM % Change": "10.14%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "-562.72", "AUM ($, mm)": "15,748.51", "AUM % Change": "-3.57%"}, {"Ticker": "SOXX", "Name": "iShares Semiconductor ETF", "Net Flows ($, mm)": "-222.22", "AUM ($, mm)": "11,650.44", "AUM % Change": "-1.91%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-216.40", "AUM ($, mm)": "26,431.07", "AUM % Change": "-0.82%"}, {"Ticker": "XLB", "Name": "Materials Select Sector SPDR Fund", "Net Flows ($, mm)": "-208.55", "AUM ($, mm)": "4,859.42", "AUM % Change": "-4.29%"}, {"Ticker": "GLD", "Name": "SPDR Gold Trust", "Net Flows ($, mm)": "-169.40", "AUM ($, mm)": "53,756.49", "AUM % Change": "-0.32%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "-155.87", "AUM ($, mm)": "33,197.02", "AUM % Change": "-0.47%"}, {"Ticker": "VCIT", "Name": "Vanguard Intermediate-Term Corporate Bond ETF", "Net Flows ($, mm)": "-151.34", "AUM ($, mm)": "45,768.45", "AUM % Change": "-0.33%"}, {"Ticker": "XLI", "Name": "Industrial Select Sector SPDR Fund", "Net Flows ($, mm)": "-114.56", "AUM ($, mm)": "16,662.60", "AUM % Change": "-0.69%"}, {"Ticker": "SHY", "Name": "iShares 1-3 Year Treasury Bond ETF", "Net Flows ($, mm)": "-114.34", "AUM ($, mm)": "25,702.81", "AUM % Change": "-0.44%"}, {"Ticker": "USMV", "Name": "iShares MSCI USA Min Vol Factor ETF", "Net Flows ($, mm)": "-114.05", "AUM ($, mm)": "25,083.65", "AUM % Change": "-0.45%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "22.24", "AUM ($, mm)": "6,971.88", "% of AUM": "0.32%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "46.50", "AUM ($, mm)": "17,326.30", "% of AUM": "0.27%"}, {"": "Commodities", "Net Flows ($, mm)": "-298.00", "AUM ($, mm)": "122,898.36", "% of AUM": "-0.24%"}, {"": "Currency", "Net Flows ($, mm)": "680.31", "AUM ($, mm)": "50,272.98", "% of AUM": "1.35%"}, {"": "International Equity", "Net Flows ($, mm)": "340.62", "AUM ($, mm)": "1,406,756.56", "% of AUM": "0.02%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "79.40", "AUM ($, mm)": "173,512.01", "% of AUM": "0.05%"}, {"": "Inverse", "Net Flows ($, mm)": "-136.19", "AUM ($, mm)": "13,979.11", "% of AUM": "-0.97%"}, {"": "Leveraged", "Net Flows ($, mm)": "584.46", "AUM ($, mm)": "88,805.06", "% of AUM": "0.66%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "7,014.99", "AUM ($, mm)": "5,267,330.84", "% of AUM": "0.13%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "870.61", "AUM ($, mm)": "1,364,702.68", "% of AUM": "0.06%"}, {"": "Total:", "Net Flows ($, mm)": "9,204.93", "AUM ($, mm)": "8,512,555.78", "% of AUM": "0.11%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'Worldcoin is an ambitious project led by Sam Altman and OpenAI. The futuristic project is using eye-scanning technology to verify identities, and uses blockchain technology to store and process data. With backing from Microsoft, many are hoping to see a large-scale roll out of the project. However, recent news about a lawsuit between OpenAI and Elon Musk may dampen those hopes.\nMusk is a serial entrepreneur, currently serving as the CEO of Tesla among other duties. However, he was a co-founder of OpenAI back in 2015 with current OpenAI CEO Sam Altman. Musk has since gone to start his own AI company, called xAI, and has shown some opposition to OpenAI since.\nDon\'t Miss:\n• Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\nThe lawsuit is in regards to alleged contractual agreements between Musk and Altman made in 2015 surrounding the future of the company. In particular, Musk believes that OpenAI has abandoned its goal to "benefit humanity", and is instead heavily focused on profits.\nMusk claims that OpenAI went to great lengths to keep GPT-4, OpenAI\'s strongest generative AI yet, a "complete secret". Additionally, OpenAI charges for use of GPT-4, having users purchase a $20/month subscription in order to access it.\nThe exact monetary amount in the lawsuit is still unknown, but it is likely a sizable amount, given OpenAI\'s extreme growth as well as the size of its main backer, Microsoft.\nAll of this news has negatively impacted Worldcoin, which has essentially served as a crypto-proxy for investing in OpenAI and Sam Altman.\nOvernight, the price of Worldcoin (WLD) fell nearly 15%, going from $8.38 to a low of $7.20. While the price did recover a bit and is currently trading around the $8 level, the news certainly caused some to sell.\nWhile the lawsuit is certainly a roadblock for OpenAI, the company, along with Worldcoin, have performed extremely well over the past month. In February, OpenAI showcased itsgenerative video AI, called Sora. The technology was highly anticipated and was shown much sooner than most experts expected. In fact, the news caused WLD to spike more than 200% in a matter of days.\nSo, the current downturn from the lawsuit is very small compared to the massive run up that WLD has had in the past weeks, potentially showing how bullish investors are on the promising technology. However, the lawsuit was just filed, so details are sparse. As more information comes out, WLD will likely adjust accordingly.\nRead Next:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin has jumped another 25% already this year –how much would you need to get started today?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleWorldcoin Falls as Elon Musk Sues Sam Altman, OpenAIoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', '• US stocks rose on Friday, powered by a rally in tech stocks that took the Nasdaq to an intraday record.\n• Investors also parsed new Fedspeak from several central bank speakers throughout the day\n• "I don\'t want to have to raise rates again," Atlant Fed President Raphael Bostic said.\nUS stocks rose on Friday, powered by a rally in tech stocks that took the Nasdaq up to a record high and helped the S&P 500 close above 5,100 for the first time ever.\nThe tech-focused Nasdaq Composite rose 1.14% on Friday, continuing its ascent after closing last month at its first record high since 2021. The rally has been powered by the ongoing AI euphoria that has pushed stocks like Nvidia up 70% so far this year. On Friday, shares of Dell Technologiesrocketed 31% higherto an all-time high as investors cheered its latest earnings, which included a positive AI-related business update.\nInvestors also sifted through a slew of comments from Fed officials on Friday to gauge where interest rates could be headed this year.\nAtlanta Fed president Raphael Bostic said he would like to wait for inflation to sink low enough that the Fed can avoid reversing course and switching back to rate hikes after rate cuts.\n"I don\'t want to have to raise rates again," he said. "It will probably be longer before inflation gets back to our 2% target. I am willing to wait."\nAlso on the inflation front, Fed Governor Adriana Kugler said that she was "cautiously optimistic" about continued disinflation taking place alongside a resilient labor market.\nMeanwhile, yields on the two-year note slipped 10.8 basis points to 4.53% after Fed governor Christopher Waller said he would like the Fed to boost its share of short-term bonds.\nHere\'s where US indexes stood at the closing bell at 4:00 p.m. on Friday:\n• S&P 500:5,137.09, up 0.8%\n• Dow Jones Industrial Average:39,087.38, up 0.23% (+90.99 points)\n• Nasdaq Composite:16,274.94, up 1.14%\nHere\'s what else is going on:\n• The"debt debasement" trade is ramping upas the US adds $1 trillion to the national debt every 100 days, Bank of America says.\n• China is the o **Last 60 Days of Bitcoin's Closing Prices:** [44957.97, 42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-02 **Financial & Commodity Data:** - Gold Closing Price: $2086.90 - Crude Oil Closing Price: $79.97 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,216,935,034,875 - Hash Rate: 500960510.1218159 - Transaction Count: 339311.0 - Unique Addresses: 623680.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.80 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Ankur Banerjee SINGAPORE, Jan 10 (Reuters) - The dollar was steady on Wednesday in cautious trading ahead of U.S. inflation data due later this week that is likely to influence the Federal Reserve's policy, while bitcoin was volatile after a fake social media post rattled markets. The U.S. securities regulator said someone briefly accessed its X social media account and posted a fake message saying it had approved exchange traded funds (ETFs) for bitcoin. The Securities and Exchange Commission (SEC) said it had not yet approved spot bitcoin ETFs. Bitcoin surged to a fresh 21-month peak of $47,897 after the fake post, before sliding down to below $45,000 within minutes as the SEC deleted and disavowed the information. The world's biggest cryptocurrency was last down 0.5% at $45,897. Anticipation of a positive SEC decision on ETFs, which is likely to draw billions in new investments, has boosted bitcoin prices in the past two months. "The reality is most who have followed the saga have moved on and the green light from the SEC is fully priced," said Chris Weston, head of research at Pepperstone. Weston said the market was focused on when the various ETFs would start to trade, how many bitcoins would be held by the end of the year and the dollar value of inflows over that time. In the currency market, the dollar remained on the front foot, with the dollar index, which measures the U.S. currency against six rivals, last at 102.53, after gaining 0.215% on Tuesday. The index is up 1% this month, after dropping 2% in December as traders reassess how steep and early the rate cuts from the Fed are likely to be. The Fed's surprising dovish tilt in December, when it projected 75 basis points (bps) of rate cuts in 2024, turbo-charged market expectations of easing with traders last month anticipating as much as 160 bps of cuts. Markets have since reassessed the chances and currently are pricing in 140 bps of cuts this year. Traders are focused on the release of the U.S. consumer price index report on Thursday to help predict the likelihood of a March rate cut. The report is expected to show headline inflation rose 0.2% in the month and by 3.2% on an annual basis. Fed funds futures indicate a 64% probability of the Fed easing in March versus 80% a week earlier, the CME FedWatch tool showed. Joseph Capurso, head of international and sustainable economics at Commonwealth Bank of Australia, said May was more likely to be the start of a U.S. rate cut cycle because the labour market is tight and inflation remains above the Fed's 2% target. A reassessment of the predicted start of the rate cut cycle could support the U.S. dollar in the coming months, he said. In other currencies, the euro was down 0.05% to $1.0926, while sterling was last at $1.2709, up 0.03% on the day. The Japanese yen weakened 0.19% to 144.74 per dollar. The Australian dollar rose 0.16% to $0.669. Australia's inflation slowed to a near two-year low in November and core inflation also eased sharply, a softer-than-expected result that reinforced market expectations interest rates would not need to rise any further. The New Zealand dollar eased 0.02% to $0.624. (Reporting by Ankur Banerjee in Singapore; Editing by Jamie Freed)... - Reddit Posts (Sample): [['u/pressonacott', 'Correlation with bitcoin', 34, '2024-03-02 00:01', 'https://www.reddit.com/r/amcstock/comments/1b48frk/correlation_with_bitcoin/', "I'm curious if/when bitcoin drops, meme stocks rally again like January and AMC runup like may 20th-june 2nd 2021. \n\nIf this happens, then you will see that there is a need for liquidity to sell off and run meme stocks up like what happened in the past. This is possibly due to ftd, shorts balancing the books, and let buying pressure sizzle out since they have been holding back in dark pools. ", 'https://www.reddit.com/r/amcstock/comments/1b48frk/correlation_with_bitcoin/', '1b48frk', [['u/Wanksters_Paradise', 10, '2024-03-02 00:27', 'https://www.reddit.com/r/amcstock/comments/1b48frk/correlation_with_bitcoin/ksxdoe5/', 'I feel you. What I’m about to say is pure speculation only. I also hold some BTC and have for a while. \n\nThat said, I’ve suspected that crypto will be hit hard when liquidations begin / there’s a major financial event that forces the closure of short positions . \n\nMy fear is that the crypto sell-off proceeds will be used to cover a lot of the short positions out there, even more so if some institutions own it on leverage. Same can be said about some of the magnificent 7.\n\nThis could be further exasperated if the same institutions short them from the top (BTC through ETF?) and use that money towards settling open transactions too.\n\nIf they effectively own a combined 10,000,000 BTC with leverage, that’s $600B right there. \n\nWouldn’t be surprised if the media covers it by talking about a crackdown on “unregulated crypto”, FTX, painting it in a bad light etc. \n\nNote that I’m not talking bad about crypto. I see the utility and believe in it long term, owning several myself. I have no idea what will happen, the above is pure speculation.', '1b48frk'], ['u/YogurtclosetAny8510', 13, '2024-03-02 05:47', 'https://www.reddit.com/r/amcstock/comments/1b48frk/correlation_with_bitcoin/ksymbpv/', 'Agreed. \n\nThis btc run up after reading the DD is the fomo institutions are creating to get a hold of liquidity for their shenanigans against AMC and GME among other naked shorted stocks. \n\nMOASS is inbound!\n\nWe are currently living in The Big Short 2.0!!\n\nBank insolvency in near.', '1b48frk']]], ['u/possys2', "Why isn't bitcoin price having more media coverage?", 14, '2024-03-02 00:24', 'https://www.reddit.com/r/Bitcoin/comments/1b4901q/why_isnt_bitcoin_price_having_more_media_coverage/', "So I'm down the pub having a few beers with a mate, who I haven't seen for 6 months. \nI show him the price of bitcoin, he says fucking hell, I didn't know it was that high, I've not seen/heard anything about it.\n\nIs main stream media hiding this to the public? Or does it need to break the ATH before its news again? \n", 'https://www.reddit.com/r/Bitcoin/comments/1b4901q/why_isnt_bitcoin_price_having_more_media_coverage/', '1b4901q', [['u/Time-Indication-1337', 25, '2024-03-02 00:31', 'https://www.reddit.com/r/Bitcoin/comments/1b4901q/why_isnt_bitcoin_price_having_more_media_coverage/ksxechr/', 'I’d say another ATH will give them something to harp on about. But the price being as it is without much media coverage just makes me more bullish.', '1b4901q'], ['u/theprincessofwhales', 11, '2024-03-02 00:47', 'https://www.reddit.com/r/Bitcoin/comments/1b4901q/why_isnt_bitcoin_price_having_more_media_coverage/ksxguh4/', 'I think mainstream media doesn\'t necessarily hide bitcoin news, but they certainly enjoy debating and mocking it. Pretty much anytime mainstream media talks btc or crypto it\'s presented in this light of "I don\'t get it hehehe! So confusing! But look at it go!". This week on CNBC they asked during the btc news bit, if the halving was something out of the Bible. \n\nIt\'s pathetic but on purpose how MSM chooses to frame their conversations surrounding bitcoin.', '1b4901q'], ['u/Sunnyjim333', 17, '2024-03-02 00:57', 'https://www.reddit.com/r/Bitcoin/comments/1b4901q/why_isnt_bitcoin_price_having_more_media_coverage/ksxia5h/', 'If the average populace learned what a fiat based economy really is, there would be riots.', '1b4901q'], ['u/DanNotTheMann', 19, '2024-03-02 02:02', 'https://www.reddit.com/r/Bitcoin/comments/1b4901q/why_isnt_bitcoin_price_having_more_media_coverage/ksxs235/', "I'd prefer no media coverage so we have more time to accumulate before mass FOMO breaks out and causes the price to go parabolic", '1b4901q']]], ['u/gen66', "In case you still haven't realized, the ALT season officially started today, and now everyone can feel like a genius investor.", 798, '2024-03-02 00:36', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/', "As BTC all time high is imminent at this point, even before the halving, the alt season calmly started 12 hours ago. 15-20 stagnant alts that I have been watching for an eternity gained 15-20% like it's nothing. Even the worst most scummy projects I know jumped like crazy(except XRP ofc, this thing is dead). The season of the green dildos is open, everyone is a genius, it's very difficult to make a mistake. You can realize your mistake only once the market settles and the alts starts going back down along with a few rug pulls. \nIf you catch yourself thinking, oh man, if I put a few hundred bucks here last week, I would have doubled now! Oh!! If I put my salary in these 3 AI shitcoins 15 days ago, I would have tripled!!! Yep, that's it, alts are jumping on the back of papa BTC. Enjoy. \n\n\n​", 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/', '1b49ade', [['u/Gunnxo', 356, '2024-03-02 00:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxfokn/', 'This is nothing yet sir', '1b49ade'], ['u/gen66', 88, '2024-03-02 00:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxgdc5/', 'Indeed, it just started.', '1b49ade'], ['u/Tonijran', 94, '2024-03-02 01:00', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxis6p/', 'ETH ETFs will kick off the true Alt rally. \n(In my personal opinion, but I don’t know shit about duck)', '1b49ade'], ['u/flo-089', 18, '2024-03-02 01:03', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxj8ay/', 'which one to buy?', '1b49ade'], ['u/Parush9', 132, '2024-03-02 01:06', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxjm5x/', 'Just random meme’s and shit coins are popping up here and there . We are still way far from Alt season picking up .', '1b49ade'], ['u/Legitimate_Suit_3431', 67, '2024-03-02 01:13', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxkqet/', 'The winning ones', '1b49ade'], ['u/swordluk', 39, '2024-03-02 01:14', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxktfa/', "it's like boiling the water.. first you see some small bubbles rising.. then out of sudden.. 😁", '1b49ade'], ['u/CoffeeVikings', 77, '2024-03-02 01:18', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxlhbh/', 'Just saw ADA is up 15% to .75 cents now. Exciting times ahead', '1b49ade'], ['u/Logvin', 171, '2024-03-02 01:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxmzz0/', '“Officially”\n\nShit did I miss the CEO of Altcoin’s announcement!?', '1b49ade'], ['u/duckyTheFirst', 97, '2024-03-02 01:36', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxo7m2/', 'I still think were gonna crash really hard before we see a raise in 4-5 months after the halving... omg is this what being a bear is like? Am i a bear!?', '1b49ade'], ['u/Comfortable-Bread249', 420, '2024-03-02 01:43', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxpbax/', 'Tell that to my stagnant MATIC bag', '1b49ade'], ['u/BenniBoom707', 212, '2024-03-02 01:53', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxqs5l/', 'When I’m seeing Doge and Shib start pumping I know the hysteria is starting to kick in….\n\nBONK up 124% in a week!! The Solana Shitcoin is going bonkers', '1b49ade'], ['u/yamaha4fun', 248, '2024-03-02 01:54', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxqxee/', 'cries in LRC', '1b49ade'], ['u/MrAccountant213', 22, '2024-03-02 01:56', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxr93d/', 'His press conference was great', '1b49ade'], ['u/Cirewess', 64, '2024-03-02 02:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxs2iq/', 'I don\'t even hold XRP and it gets me every time the absolute XRP hate and critiques. literally the only blockchain to spend 100\'s of millions of dollars to defend crypto from an over stepping agency (and defend themselves of course) and no one bats an eye... no ATH in 5 years because a lawsuit was dropped literally December of 2020, whats that like 3 months before everything sky rocketed and it still when to almost $2 with a lawsuit and hasn\'t left the top 10 in how long? oh right it\'s certainly "dead" as one of the biggest market caps in all of crypto...', '1b49ade'], ['u/alander4', 17, '2024-03-02 02:03', 'https://www.reddit.com/r/CryptoCurrency/comments/1b49ade/in_case_you_still_havent_realized_the_alt_season/ksxs9nd/', 'Well if it’s a true alt season it won’t matter 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. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Investors rejoiced when Federal Reserve Chairman Jerome Powell told the world in November that lower interest rates were coming.\nThe Fed's campaign to beat inflation had pushed interest rates higher weighed on the costs of U.S. debt (and debts of nations worldwide) and severely dampened housing markets.\nThere was euphoric talk the central bank could cut rates three or four times in 2024. Some thought six times.\nBut those giddy days are no more. A March cut won't happen. A rate cut in May isn't in the offing, either.\nWhy not cut now? Because Fed officials insist they want REAL DATA showing that inflation is at or near 2% and will stay there. (Sustainable is the word they use.)\nAnd now an event looms this week that could give the Fed more time to wait.\nThe U.S. Labor Department will report on the jobs market and unemployment on Friday.\nRelated: Fed Inflation gauge ticks higher in January, but headline pressures ease; Stocks jump\nA hot report (defined as, say, 350,000 jobs added — the number estimated for January) and little change in the unemployment rate from January's 3.7% will confirm the Fed won't do any rate cutting at its March 19-20 meeting.\nAnd\xa0probably not at its April 30-May 1 meeting, either.\nAfter that, who knows? June? Maybe. July possibly.\nOne economist, Apollo's Torsten Slok, thinks the Fed may not need to cut rates AT ALL in 2024.\nPowell himself will testify before House Financial Services Committee on Wednesday and the Senate Committee on\xa0\xa0Banking, Housing, and Urban Affairs\xa0Thursday.\nThe formal text of his remarks may not change from one committee to the next.\nHe may offer more perspective on the Fed's thinking on interest rates in the question period. He will probably emphasize the Fed's interest in inflation falling toward its 2% goal on a sustained basis.\nBut he often slips in something during the Q&A that surprises traders and roils markets.\nSo far, investors haven't cared. The merry stock market rally that erupted at the end of October is still strong. Stocks ended February higher for a fourth straight month.\nThe\xa0Standard & Poor's 500 index, the Nasdaq Composite Index, and the Nasdaq-100 index all hit record closes on Friday. The Dow Jones industrials ended just 1% below its Feb. 23 record close.\nThe S&P 500, which finished at 5,137.08 on Friday (its first close above 5,100), has risen 16 weeks in the last 18 weeks. The performance is the best in 50 years, FactSet says.\nMore Economy:\n• Fed members just hat-tipped what's next for interest rates\n• Retail sales tumble clouds impact of inflation data\n• Jobs report shocker: 353,000 hires crush forecasts, stokes inflation fears\nEight of the S&P 500's 11 sectors are higher this year, with communications services and technology the best\xa0performers.\nAnalysts keep raising their year-end targets for the index: Bank of America analysts seem to have the highest projection at 5,600. That implies a 17% gain this year, following a 24% gain in 2023.\nThe Nasdaq-100 Index, up 7.8% this year, has climbed nearly 30% from its October closing low.\nNvidia(NVDA)was up 29% for February. Super Micro Computer(SMCI)jumped nearly 64% for the month and another 4.5% on Friday.\nRelated: S&P adds two hot stocks to its flagship S&P 500 index\nBitcoin jumped nearly 46% in February after a lackluster January and ended Friday at $63,053, just 8.6% below its intraday peak of $68,991 in November 2021.\nOne reason for the sharp gain isyou can now invest in bitcoin via exchange-traded funds(ETFs) offered by a host of money managers.\nSome bitcoin players see the cryptocurrency hitting $100,000 soon.\nThe 2-year Treasury yield is off 1.6% on the year at 4.19%.\nStill, the 10-year Treasury yield is up 8% this year. A 30-year mortgage will cost you about 7.1%, up from a low of 6.6% in December.\nNo wonder the National Association of Realtors reported that pending home sales slumped 5% in January.\nShutterstock\nAnd there are still reports of layoffs in technology companies and persistent chatter from prominent people like Jamie Dimon of JP Morgan Chase(JPM), that a recession is coming.\nOil and gasoline prices are rising (maybe because of normal season trends).\nGiven how this market is performing, a recession and a market pullback need a strong and specific trigger.\nThe political environment may offer one. So,\xa0 too, could a widening of the Russia-Ukraine War, the Hamas-Israeli war, or a Chinese attack on Taiwan.\nA true wildcard: something bizarre out of North Korea.\nAll the optimism about stocks notwithstanding, the jobs report is, in fact, the dominant report of the week. Until then, market reaction to others due before Friday\xa0will probably be muted. The reports include:\n• Factory orders and the ISM Non-manufacturing on Monday.\n• Factory orders on Tuesday.\n• The weekly Freddie Mac mortgage survey is on Wednesday.\n• Jobless claims on Thursday.\nThere are some important earnings reports due in the week ahead, including\n• Tuesday: Crowdstrike(CRWD), Target TGT, Ross Stores(ROST,)and Nordstrom(JWN).\n• Wednesday: Beverage maker Brown Forman(BF.A)and(BF.B), Campbell Soup(CPB), and Abercrombie & Fitch(ANF), whose shares have been hitting new highs regularly for the last year.\n• Thursday: Chipmaker Broadcom(AVGO), Costco Wholesale(COST), grocery giant Kroger(KR,)and electronic signature company DocuSign(DOCU).\nCostco, Target, and Kroger (if only because it's trying to merge with Albertson's) offer the most potential for drama.\nRelated: Veteran fund manager picks favorite stocks for 2024", 'According to a growing number of analysts, the next crypto bull market rally has officially started. Enthusiasm over the arrival of new crypto investment products is building, top cryptos are surging, and the long, cold "crypto winter" now seems to be a distant memory.\nIt\'s time to start looking for coins and tokens likely to skyrocket higher as part of a broad-based crypto market rally. Three that are on my short list areBitcoin(CRYPTO: BTC),Ethereum(CRYPTO: ETH), andChainlink(CRYPTO: LINK).\nIf there is a no-brainer crypto investment in 2024, it\'s Bitcoin. After an awkward start to the year, when it briefly fell below $40,000, Bitcoin is now on a tear. It\'s up 35% for the year, and is holding strong above the $50,000 mark.\nMost of those gains, of course, have come on the basis of the Securities and Exchange Commission\'s (SEC) approval of the newspot Bitcoin exchange-traded funds (ETFs)in early January. In a single move, the SEC gave the green light to Bitcoin as an asset that anyone could hold as part of a well-diversified portfolio. Investor fund inflows into the new Bitcoin ETFs have been off the charts. All of this new buying of Bitcoin, of course, should continue to send the price of Bitcoin higher.\nAnd that\'s really just the start, because Bitcoin has another catalyst in place that might be much more powerful: the upcoming halving, scheduled for April. There have been three previous Bitcoin halving events, and each one has sent the price of Bitcoin to a new all-time-high.\nPast performance is no guarantee of future performance, of course, but investors are understandably excited about just how much higher Bitcoin could go after April. Suddenly, Bitcoin\'s all-time high of $69,000 looks well within reach, andmany investors believe Bitcoin could end the year at $100,000 or higher.\nAmid all the buzz surrounding the new spot Bitcoin ETFs, Ethereum is also soaring higher. This is primarily due to the growing narrative that Ethereum will be the next crypto in line to get its own spot ETF. A handful of Wall Street firms have already submitted applications, and SEC approval could come as early as May.\nThe only question, of course, is whether Ethereum will be another case of "buy the rumor, sell the news," as Bitcoin was in January. Simply stated, the huge rally Ethereum has seen thus far in 2024 might fizzle out in May, as soon as the new ETFs become available to investors.\nThat being said, there\'s still enormous upside potential with Ethereum, which is currently undergoing yet another upgrade to remain a best-in-class blockchain.\nGiven that Bitcoin and Ethereum together account for nearly 70% of the total value of the $2 trillion crypto market, it\'s worth looking for ways to diversify your portfolio beyond just the two biggest names. Of all the cryptos that rank in the top 20 by market cap, my personal pick is Chainlink.\nThat\'s because Chainlink, as a data oracle network, is completely different from both Bitcoin and Ethereum. Chainlink provides real-world data to smart contracts, which are one of the key building blocks of decentralized finance. Since Chainlink is the biggest and best-known data oracle network, it is also the most valuable. The crypto currently has a massive $11 billion market cap, which ranks No. 12 among all cryptocurrencies.\nWhat makes Chainlink particularly interesting is that it is also a long-term play on an emerging trend known as real-world asset tokenization. This refers to the process of transforming traditional financial assets (such as stocks and bonds) into digital assets that live on the blockchain.\nThese financial assets require data for proper pricing, and that\'s where Chainlink comes into the picture. Right now, Chainlink is one of the leaders when it comes to real-world asset tokenization, which has the potential to become a multitrillion-dollar trend by the year 2030.\nWhile the long-term prospects for Bitcoin, Ethereum, and Chainlink look good, just remember to do your due diligence before investing. Crypto is notoriously volatile, and regulatory risk is always a very real risk factor. As a rule of thumb, it\'s best to invest in large-cap cryptos that have a diversified base of both retail and institutional investors.\nIf forced to rank these three cryptos, Bitcoin would easily be my No. 1 choice. But, as they say, it\'s best not to put all your eggs in the same basket. Portfolio div **Last 60 Days of Bitcoin's Closing Prices:** [42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-03 **Financial & Commodity Data:** - Gold Closing Price: $2086.90 - Crude Oil Closing Price: $79.97 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,225,370,107,250 - Hash Rate: 611408496.6053661 - Transaction Count: 385447.0 - Unique Addresses: 633897.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.83 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The investment manager running the largest bitcoin futures ETF says that the fund is here to stay—despite speculation that the new spot bitcoin rivals pulling in billions of investor money will put them out of business. The $1.9 billionProShares Bitcoin Strategy ETF (BITO)was the first bitcoin ETF, approved in 2021 and pulling in $570 million in itsfirst dayof trading. That fund, which trades bitcoin futures, now faces an existential challenge from the 11 spot bitcoin ETFs, approved last month, which give investors exposure to day-to-day price fluctuations in the cryptocurrency. Still, Simeon Hyman, ProShares’ head of investment strategy, says he welcomes the new funds. “[Based on] what we’ve seen over the past month, we feel really good,” Hyman told etf.com in an interview. “It’s reinforced our view that there are enduring benefits to a futures based approach,” including “a regulated environment with efficient price discovery.” Trading in BITO surged after the launch of the spot bitcoin products, with daily trading volume reaching a high of 88.6 million shares on Jan. 11, according to Bloomberg data. On Feb. 1, the fund saw 14 million shares trading worth about $298 million, beating the trading volume of theGrayscale Bitcoin Trust (GBTC),the largest spot bitcoin ETF, which traded about $291 million that day, Bloomberg data show. Yet much of the trading volume appears to be investors selling the fund, as BITO has seen huge outflows—bleeding $143 million in one day on Jan. 31. Since the launch of the spot bitcoin funds, the fund has lost $364 million in outflows, according to etf.com data. At the same time, the largest spot bitcoin fund of the 11 that are now trading, BlackRock Inc.’siShares Bitcoin Trust (IBIT), has pulled in nearly $3 billion of investor cash. Yet with the advent of the spot bitcoin ETF funds, many experts have predicted that the futures funds will progressively see less and less interest from investors, similar to how gold futures ETFs eventually faded out after a gold ETF debuted on the market. “Though they’ve delivered strong returns over the past year, bitcoin futures ETFs suffer from higher costs than their spot bitcoin ETF counterparts,” said etf.com analyst Sumit Roy. “In particular, roll costs—or the cost of rolling from one futures contract to another—have dampened the ETFs’ returns.” VanEck, which also offers a spot bitcoin ETF, closed its bitcoin futures fund in late January. Kyle DaCruz, director of digital assets product at VanEck said at the time that company believes investors would "switch from products offering bitcoin futures exposure to direct bitcoin exposure.” Yet ProShares remains confident that their futures ETF, which is the largest by far, has much to offer investors. “From a market share perspective, there are absolutely enduring advantages to a futures-based ETF that will allow BITO to coexist and have a nice piece of the market for quite a long time,” Hyman said. “You could count us as certainly modestly bullish with the broader adoption of bitcoin in traditional asset allocations and growing the pie for everybody,” he added. Contact Lucy Brewster [email protected]. Permalink| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): [['u/montymoon1', 'So what happens if Bitcoin ETF gets hacked/loses seed?', 213, '2024-03-03 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/', "Looking to invest in Bitcoin ETF but have something on my mind:\n\nSay for example Fidelity, who owns their own Bitcoin, loses their seed, gets hacked, whatever. What would happen? Would everyone who owns the ETF be screwed? I understand their security and ability to keep a seed phrase safe is much greater than my own, but I'm wary of putting in my hard-earned retirement money into something that could be lost so easily. I'm pretty sure it wouldn't be insured because of how much money that would be gone.\n\nDoes anyone know what would happen in an event like this?", 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/', '1b51oo5', [['u/rundown03', 20, '2024-03-03 00:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2kddq/', 'If it was lost, price would rise. If it was hacked, expect a hige dip.', '1b51oo5'], ['u/Enschede2', 16, '2024-03-03 00:18', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2kttc/', "Well, I'm assuming (hoping) that the seed is in some sort of fort knox structure somewhere", '1b51oo5'], ['u/Smiling_Jack_', 87, '2024-03-03 00:19', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2l0uc/', 'Since these are registered ETFs, they have additional protection similar to how FDIC is a safety net for Bank deposits.\n\nI think SIPC has similar protection limits.', '1b51oo5'], ['u/Kno010', 17, '2024-03-03 00:19', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2l1sl/', 'It would not necessarily be bullish if it was lost. It would be a major hit to the reputation of bitcoin and a lot of people would be a lot more hesitant to hold it. If one of the ETFs went down like this then people would dump all the other ETFs.', '1b51oo5'], ['u/BlubberWall', 356, '2024-03-03 00:24', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2lr87/', 'ETF’s have a custodian to hold it, for example Coinbase holds blackrocks Ishare BTC ETF in multiple separate wallets. All ETFs will tell you where it stored if you look through their prospectus.\n\nThey are insured, and the wallets themselves are almost certainly multi sig with no one person having all the needed pieces', '1b51oo5'], ['u/-TrustyDwarf-', 39, '2024-03-03 00:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2mbxx/', "Once it gets large enough, they'll probably get bail out using tax payer money.", '1b51oo5'], ['u/BlubberWall', 21, '2024-03-03 00:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2mdvb/', 'That’s exactly what insurance is for, what else would they be protecting against?', '1b51oo5'], ['u/uncapchad', 26, '2024-03-03 00:37', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2ntfd/', "There are authorised custodians of the BTC and the ETF's holdings are never connected to the internet. Custodians are required to have additional safeguards and greater oversight from regulators. \r \n\r \nSome of the added standards for qualified custodians *include insurance minimum reserves that exceed assets*. They must segregate their various bitcoin holding accounts. And regulators must review the company's crypto wallet structure. This article goes into the detail of it all [https://www.investors.com/news/bitcoin-etfs-keep-almost-all-their-eggs-in-one-basket-is-that-a-bad-thing/](https://www.investors.com/news/bitcoin-etfs-keep-almost-all-their-eggs-in-one-basket-is-that-a-bad-thing/)", '1b51oo5'], ['u/JohnnyBaboon123', 27, '2024-03-03 00:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2oh2w/', '>Insurance won’t help if these wallets get hacked…\n\nthey only got that nothing goes wrong insurance?', '1b51oo5'], ['u/rundown03', 11, '2024-03-03 00:47', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2p6i4/', 'It would rather be a major hit in the reputation of the etf trust.', '1b51oo5'], ['u/Scarf_Darmanitan', 16, '2024-03-03 01:04', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2rrq6/', 'For the layman that’s gonna be the reputation of Bitcoin lol', '1b51oo5'], ['u/schadey187', 38, '2024-03-03 01:20', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2u56l/', 'There’s no such thing as a stupid question. Stranger things have happened, then a bank being hacked.', '1b51oo5'], ['u/schadey187', 40, '2024-03-03 01:20', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2ua8u/', 'The fucking SEC didn’t even have 2FA on their Twitter account. Lol.', '1b51oo5'], ['u/grumbledonaldduck', 19, '2024-03-03 01:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2ug49/', 'Its a valid concern to someone not familiar with crypto. You should be encouraging and educating, not shaming. Mainstream adoption benefits everyone, even pretentious gatekeepers.', '1b51oo5'], ['u/thethorbs', 10, '2024-03-03 01:30', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2vsht/', "They have them written on a piece of paper, stashed under the ceo's bed. It's extremely safe there", '1b51oo5'], ['u/SuleyGul', 84, '2024-03-03 02:09', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt31h10/', 'Also I would imagine to spread the risk they hold the funds in many many wallets in case one seed ever gets hacked somehow. \nIt would be very stupid to hold like 10 bil of BTC in one wallet lol.', '1b51oo5'], ['u/9AvKSWy', 14, '2024-03-03 02:27', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt342qh/', '>They are insured\n\nAbsolute meme levels of absurdity.', '1b51oo5'], ['u/entropreneur', 12, '2024-03-03 03:07', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt39u9c/', "People that are able to find similar aspects in other industries with sufficient data. I'm sure they made a good chunk of $$$ running those numbers", '1b51oo5'], ['u/Jpotter145', 15, '2024-03-03 04:00', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt3hbjd/', ">What would actually happen? No one knows until it does unfortunately. The good thing about fidelity and blackrock is there essentially too big to fail, a bailout is always a possibility\n\nIt's detailed in each ETFs disclosure information-- here is blackrocks:\n\nhttps://www.ishares.com/us/literature/prospectus/p-ishares-bitcoin-trust-12-31.pdf\n\nIn the event the custodian (Coinbase) is hacked they would *only be covered up to 320Million* -- far far far less than required to covered the billions in the BTC wallets + this is the same insurance for *any* loss. So it's not separate insurance for the ETFs:\n\n>Coinbase Global maintains a commercial crime insurance policy of up to $320 million, which is intended to cover the loss of client assets held by Coinbase \nInsureds, including from employee collusion or fraud, physical loss including theft, damage of key material, security breach or hack, and fraudulent transfer. \nThe insurance maintained by Coinbase Global is shared among all of Coinbase’s customers, is not specific to the Trust or to customers holding bitcoin with \nthe Bitcoin Custodian or Prime Execution Agent and may not be available or sufficient to protect the Trust from all possible losses or sources of losses.\n\nSo in reality we know what would happen in the case the ETF wallets are hacked -- there would be a total loss. The ETF sponsors would be off the hook and only Coinbase could be held negligent (if at all). So only CB may fall - not the big banks and they are protected from having to pay back the customers they sell their very ETFs to.", '1b51oo5'], ['u/weaponsmiths', 11, '2024-03-03 04:27', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt3l3xr/', "The prospectus says they are not responsible if the keys are lost, even if it's intentional by the trustee. I didn't see anything about insurance on the holdings, it was all warnings about how you can lose everything. Got a link?", '1b51oo5'], ['u/National_Asparagus_2', 53, '2024-03-03 04:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt3lazx/', 'You never know. May be they re using just spreadsheet', '1b51oo5'], ['u/WorldsMostDad', 52, '2024-03-03 04:51', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt3odxs/', 'Ah yes, the "FTX method"\n\nClassic', '1b51oo5'], ['u/bittabet', 11, '2024-03-03 05:34', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt3trye/', 'Yeah I think the reason WHY people buy BlackRock and Fidelity’s ETFs over those from smaller players is that they have a LOT of money and brand reputation on the line. So if something really bad happens it’s unlikely that they’d just do nothing. A similar example with a much smaller player would be how Gemini worked pretty hard to fix their Gem... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50
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:** ["Investors rejoiced when Federal Reserve Chairman Jerome Powell told the world in November that lower interest rates were coming.\nThe Fed's campaign to beat inflation had pushed interest rates higher weighed on the costs of U.S. debt (and debts of nations worldwide) and severely dampened housing markets.\nThere was euphoric talk the central bank could cut rates three or four times in 2024. Some thought six times.\nBut those giddy days are no more. A March cut won't happen. A rate cut in May isn't in the offing, either.\nWhy not cut now? Because Fed officials insist they want REAL DATA showing that inflation is at or near 2% and will stay there. (Sustainable is the word they use.)\nAnd now an event looms this week that could give the Fed more time to wait.\nThe U.S. Labor Department will report on the jobs market and unemployment on Friday.\nRelated: Fed Inflation gauge ticks higher in January, but headline pressures ease; Stocks jump\nA hot report (defined as, say, 350,000 jobs added — the number estimated for January) and little change in the unemployment rate from January's 3.7% will confirm the Fed won't do any rate cutting at its March 19-20 meeting.\nAnd\xa0probably not at its April 30-May 1 meeting, either.\nAfter that, who knows? June? Maybe. July possibly.\nOne economist, Apollo's Torsten Slok, thinks the Fed may not need to cut rates AT ALL in 2024.\nPowell himself will testify before House Financial Services Committee on Wednesday and the Senate Committee on\xa0\xa0Banking, Housing, and Urban Affairs\xa0Thursday.\nThe formal text of his remarks may not change from one committee to the next.\nHe may offer more perspective on the Fed's thinking on interest rates in the question period. He will probably emphasize the Fed's interest in inflation falling toward its 2% goal on a sustained basis.\nBut he often slips in something during the Q&A that surprises traders and roils markets.\nSo far, investors haven't cared. The merry stock market rally that erupted at the end of October is still strong. Stocks ended February higher for a fourth straight month.\nThe\xa0Standard & Poor's 500 index, the Nasdaq Composite Index, and the Nasdaq-100 index all hit record closes on Friday. The Dow Jones industrials ended just 1% below its Feb. 23 record close.\nThe S&P 500, which finished at 5,137.08 on Friday (its first close above 5,100), has risen 16 weeks in the last 18 weeks. The performance is the best in 50 years, FactSet says.\nMore Economy:\n• Fed members just hat-tipped what's next for interest rates\n• Retail sales tumble clouds impact of inflation data\n• Jobs report shocker: 353,000 hires crush forecasts, stokes inflation fears\nEight of the S&P 500's 11 sectors are higher this year, with communications services and technology the best\xa0performers.\nAnalysts keep raising their year-end targets for the index: Bank of America analysts seem to have the highest projection at 5,600. That implies a 17% gain this year, following a 24% gain in 2023.\nThe Nasdaq-100 Index, up 7.8% this year, has climbed nearly 30% from its October closing low.\nNvidia(NVDA)was up 29% for February. Super Micro Computer(SMCI)jumped nearly 64% for the month and another 4.5% on Friday.\nRelated: S&P adds two hot stocks to its flagship S&P 500 index\nBitcoin jumped nearly 46% in February after a lackluster January and ended Friday at $63,053, just 8.6% below its intraday peak of $68,991 in November 2021.\nOne reason for the sharp gain isyou can now invest in bitcoin via exchange-traded funds(ETFs) offered by a host of money managers.\nSome bitcoin players see the cryptocurrency hitting $100,000 soon.\nThe 2-year Treasury yield is off 1.6% on the year at 4.19%.\nStill, the 10-year Treasury yield is up 8% this year. A 30-year mortgage will cost you about 7.1%, up from a low of 6.6% in December.\nNo wonder the National Association of Realtors reported that pending home sales slumped 5% in January.\nShutterstock\nAnd there are still reports of layoffs in technology companies and persistent chatter from prominent people like Jamie Dimon of JP Morgan Chase(JPM), that a recession is coming.\nOil and gasoline prices are rising (maybe because of normal season trends).\nGiven how this market is performing, a recession and a market pullback need a strong and specific trigger.\nThe political environment may offer one. So,\xa0 too, could a widening of the Russia-Ukraine War, the Hamas-Israeli war, or a Chinese attack on Taiwan.\nA true wildcard: something bizarre out of North Korea.\nAll the optimism about stocks notwithstanding, the jobs report is, in fact, the dominant report of the week. Until then, market reaction to others due before Friday\xa0will probably be muted. The reports include:\n• Factory orders and the ISM Non-manufacturing on Monday.\n• Factory orders on Tuesday.\n• The weekly Freddie Mac mortgage survey is on Wednesday.\n• Jobless claims on Thursday.\nThere are some important earnings reports due in the week ahead, including\n• Tuesday: Crowdstrike(CRWD), Target TGT, Ross Stores(ROST,)and Nordstrom(JWN).\n• Wednesday: Beverage maker Brown Forman(BF.A)and(BF.B), Campbell Soup(CPB), and Abercrombie & Fitch(ANF), whose shares have been hitting new highs regularly for the last year.\n• Thursday: Chipmaker Broadcom(AVGO), Costco Wholesale(COST), grocery giant Kroger(KR,)and electronic signature company DocuSign(DOCU).\nCostco, Target, and Kroger (if only because it's trying to merge with Albertson's) offer the most potential for drama.\nRelated: Veteran fund manager picks favorite stocks for 2024", 'According to a growing number of analysts, the next crypto bull market rally has officially started. Enthusiasm over the arrival of new crypto investment products is building, top cryptos are surging, and the long, cold "crypto winter" now seems to be a distant memory.\nIt\'s time to start looking for coins and tokens likely to skyrocket higher as part of a broad-based crypto market rally. Three that are on my short list areBitcoin(CRYPTO: BTC),Ethereum(CRYPTO: ETH), andChainlink(CRYPTO: LINK).\nIf there is a no-brainer crypto investment in 2024, it\'s Bitcoin. After an awkward start to the year, when it briefly fell below $40,000, Bitcoin is now on a tear. It\'s up 35% for the year, and is holding strong above the $50,000 mark.\nMost of those gains, of course, have come on the basis of the Securities and Exchange Commission\'s (SEC) approval of the newspot Bitcoin exchange-traded funds (ETFs)in early January. In a single move, the SEC gave the green light to Bitcoin as an asset that anyone could hold as part of a well-diversified portfolio. Investor fund inflows into the new Bitcoin ETFs have been off the charts. All of this new buying of Bitcoin, of course, should continue to send the price of Bitcoin higher.\nAnd that\'s really just the start, because Bitcoin has another catalyst in place that might be much more powerful: the upcoming halving, scheduled for April. There have been three previous Bitcoin halving events, and each one has sent the price of Bitcoin to a new all-time-high.\nPast performance is no guarantee of future performance, of course, but investors are understandably excited about just how much higher Bitcoin could go after April. Suddenly, Bitcoin\'s all-time high of $69,000 looks well within reach, andmany investors believe Bitcoin could end the year at $100,000 or higher.\nAmid all the buzz surrounding the new spot Bitcoin ETFs, Ethereum is also soaring higher. This is primarily due to the growing narrative that Ethereum will be the next crypto in line to get its own spot ETF. A handful of Wall Street firms have already submitted applications, and SEC approval could come as early as May.\nThe only question, of course, is whether Ethereum will be another case of "buy the rumor, sell the news," as Bitcoin was in January. Simply stated, the huge rally Ethereum has seen thus far in 2024 might fizzle out in May, as soon as the new ETFs become available to investors.\nThat being said, there\'s still enormous upside potential with Ethereum, which is currently undergoing yet another upgrade to remain a best-in-class blockchain.\nGiven that Bitcoin and Ethereum together account for nearly 70% of the total value of the $2 trillion crypto market, it\'s worth looking for ways to diversify your portfolio beyond just the two biggest names. Of all the cryptos that rank in the top 20 by market cap, my personal pick is Chainlink.\nThat\'s because Chainlink, as a data oracle network, is completely different from both Bitcoin and Ethereum. Chainlink provides real-world data to smart contracts, which are one of the key building blocks of decentralized finance. Since Chainlink is the biggest and best-known data oracle network, it is also the most valuable. The crypto currently has a massive $11 billion market cap, which ranks No. 12 among all cryptocurrencies.\nWhat makes Chainlink particularly interesting is that it is also a long-term play on an emerging trend known as real-world asset tokenization. This refers to the process of transforming traditional financial assets (such as stocks and bonds) into digital assets that live on the blockchain.\nThese financial assets require data for proper pricing, and that\'s where Chainlink comes into the picture. Right now, Chainlink is one of the leaders when it comes to real-world asset tokenization, which has the potential to become a multitrillion-dollar trend by the year 2030.\nWhile the long-term prospects for Bitcoin, Ethereum, and Chainlink look good, just remember to do your due diligence before investing. Crypto is notoriously volatile, and regulatory risk is always a very real risk factor. As a rule of thumb, it\'s best to invest in large-cap cryptos that have a diversified base of both retail and institutional investors.\nIf forced to rank these three cryptos, Bitcoin would easily be my No. 1 choice. But, as they say, it\'s best not to put all your eggs in the same basket. Portfolio div **Last 60 Days of Bitcoin's Closing Prices:** [42848.18, 44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-03 **Financial & Commodity Data:** - Gold Closing Price: $2086.90 - Crude Oil Closing Price: $79.97 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,225,370,107,250 - Hash Rate: 611408496.6053661 - Transaction Count: 385447.0 - Unique Addresses: 633897.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.83 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The investment manager running the largest bitcoin futures ETF says that the fund is here to stay—despite speculation that the new spot bitcoin rivals pulling in billions of investor money will put them out of business. The $1.9 billionProShares Bitcoin Strategy ETF (BITO)was the first bitcoin ETF, approved in 2021 and pulling in $570 million in itsfirst dayof trading. That fund, which trades bitcoin futures, now faces an existential challenge from the 11 spot bitcoin ETFs, approved last month, which give investors exposure to day-to-day price fluctuations in the cryptocurrency. Still, Simeon Hyman, ProShares’ head of investment strategy, says he welcomes the new funds. “[Based on] what we’ve seen over the past month, we feel really good,” Hyman told etf.com in an interview. “It’s reinforced our view that there are enduring benefits to a futures based approach,” including “a regulated environment with efficient price discovery.” Trading in BITO surged after the launch of the spot bitcoin products, with daily trading volume reaching a high of 88.6 million shares on Jan. 11, according to Bloomberg data. On Feb. 1, the fund saw 14 million shares trading worth about $298 million, beating the trading volume of theGrayscale Bitcoin Trust (GBTC),the largest spot bitcoin ETF, which traded about $291 million that day, Bloomberg data show. Yet much of the trading volume appears to be investors selling the fund, as BITO has seen huge outflows—bleeding $143 million in one day on Jan. 31. Since the launch of the spot bitcoin funds, the fund has lost $364 million in outflows, according to etf.com data. At the same time, the largest spot bitcoin fund of the 11 that are now trading, BlackRock Inc.’siShares Bitcoin Trust (IBIT), has pulled in nearly $3 billion of investor cash. Yet with the advent of the spot bitcoin ETF funds, many experts have predicted that the futures funds will progressively see less and less interest from investors, similar to how gold futures ETFs eventually faded out after a gold ETF debuted on the market. “Though they’ve delivered strong returns over the past year, bitcoin futures ETFs suffer from higher costs than their spot bitcoin ETF counterparts,” said etf.com analyst Sumit Roy. “In particular, roll costs—or the cost of rolling from one futures contract to another—have dampened the ETFs’ returns.” VanEck, which also offers a spot bitcoin ETF, closed its bitcoin futures fund in late January. Kyle DaCruz, director of digital assets product at VanEck said at the time that company believes investors would "switch from products offering bitcoin futures exposure to direct bitcoin exposure.” Yet ProShares remains confident that their futures ETF, which is the largest by far, has much to offer investors. “From a market share perspective, there are absolutely enduring advantages to a futures-based ETF that will allow BITO to coexist and have a nice piece of the market for quite a long time,” Hyman said. “You could count us as certainly modestly bullish with the broader adoption of bitcoin in traditional asset allocations and growing the pie for everybody,” he added. Contact Lucy Brewster [email protected]. Permalink| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): [['u/montymoon1', 'So what happens if Bitcoin ETF gets hacked/loses seed?', 213, '2024-03-03 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/', "Looking to invest in Bitcoin ETF but have something on my mind:\n\nSay for example Fidelity, who owns their own Bitcoin, loses their seed, gets hacked, whatever. What would happen? Would everyone who owns the ETF be screwed? I understand their security and ability to keep a seed phrase safe is much greater than my own, but I'm wary of putting in my hard-earned retirement money into something that could be lost so easily. I'm pretty sure it wouldn't be insured because of how much money that would be gone.\n\nDoes anyone know what would happen in an event like this?", 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/', '1b51oo5', [['u/rundown03', 20, '2024-03-03 00:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2kddq/', 'If it was lost, price would rise. If it was hacked, expect a hige dip.', '1b51oo5'], ['u/Enschede2', 16, '2024-03-03 00:18', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2kttc/', "Well, I'm assuming (hoping) that the seed is in some sort of fort knox structure somewhere", '1b51oo5'], ['u/Smiling_Jack_', 87, '2024-03-03 00:19', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2l0uc/', 'Since these are registered ETFs, they have additional protection similar to how FDIC is a safety net for Bank deposits.\n\nI think SIPC has similar protection limits.', '1b51oo5'], ['u/Kno010', 17, '2024-03-03 00:19', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2l1sl/', 'It would not necessarily be bullish if it was lost. It would be a major hit to the reputation of bitcoin and a lot of people would be a lot more hesitant to hold it. If one of the ETFs went down like this then people would dump all the other ETFs.', '1b51oo5'], ['u/BlubberWall', 356, '2024-03-03 00:24', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2lr87/', 'ETF’s have a custodian to hold it, for example Coinbase holds blackrocks Ishare BTC ETF in multiple separate wallets. All ETFs will tell you where it stored if you look through their prospectus.\n\nThey are insured, and the wallets themselves are almost certainly multi sig with no one person having all the needed pieces', '1b51oo5'], ['u/-TrustyDwarf-', 39, '2024-03-03 00:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2mbxx/', "Once it gets large enough, they'll probably get bail out using tax payer money.", '1b51oo5'], ['u/BlubberWall', 21, '2024-03-03 00:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2mdvb/', 'That’s exactly what insurance is for, what else would they be protecting against?', '1b51oo5'], ['u/uncapchad', 26, '2024-03-03 00:37', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2ntfd/', "There are authorised custodians of the BTC and the ETF's holdings are never connected to the internet. Custodians are required to have additional safeguards and greater oversight from regulators. \r \n\r \nSome of the added standards for qualified custodians *include insurance minimum reserves that exceed assets*. They must segregate their various bitcoin holding accounts. And regulators must review the company's crypto wallet structure. This article goes into the detail of it all [https://www.investors.com/news/bitcoin-etfs-keep-almost-all-their-eggs-in-one-basket-is-that-a-bad-thing/](https://www.investors.com/news/bitcoin-etfs-keep-almost-all-their-eggs-in-one-basket-is-that-a-bad-thing/)", '1b51oo5'], ['u/JohnnyBaboon123', 27, '2024-03-03 00:42', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2oh2w/', '>Insurance won’t help if these wallets get hacked…\n\nthey only got that nothing goes wrong insurance?', '1b51oo5'], ['u/rundown03', 11, '2024-03-03 00:47', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2p6i4/', 'It would rather be a major hit in the reputation of the etf trust.', '1b51oo5'], ['u/Scarf_Darmanitan', 16, '2024-03-03 01:04', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2rrq6/', 'For the layman that’s gonna be the reputation of Bitcoin lol', '1b51oo5'], ['u/schadey187', 38, '2024-03-03 01:20', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2u56l/', 'There’s no such thing as a stupid question. Stranger things have happened, then a bank being hacked.', '1b51oo5'], ['u/schadey187', 40, '2024-03-03 01:20', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2ua8u/', 'The fucking SEC didn’t even have 2FA on their Twitter account. Lol.', '1b51oo5'], ['u/grumbledonaldduck', 19, '2024-03-03 01:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2ug49/', 'Its a valid concern to someone not familiar with crypto. You should be encouraging and educating, not shaming. Mainstream adoption benefits everyone, even pretentious gatekeepers.', '1b51oo5'], ['u/thethorbs', 10, '2024-03-03 01:30', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt2vsht/', "They have them written on a piece of paper, stashed under the ceo's bed. It's extremely safe there", '1b51oo5'], ['u/SuleyGul', 84, '2024-03-03 02:09', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt31h10/', 'Also I would imagine to spread the risk they hold the funds in many many wallets in case one seed ever gets hacked somehow. \nIt would be very stupid to hold like 10 bil of BTC in one wallet lol.', '1b51oo5'], ['u/9AvKSWy', 14, '2024-03-03 02:27', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt342qh/', '>They are insured\n\nAbsolute meme levels of absurdity.', '1b51oo5'], ['u/entropreneur', 12, '2024-03-03 03:07', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt39u9c/', "People that are able to find similar aspects in other industries with sufficient data. I'm sure they made a good chunk of $$$ running those numbers", '1b51oo5'], ['u/Jpotter145', 15, '2024-03-03 04:00', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt3hbjd/', ">What would actually happen? No one knows until it does unfortunately. The good thing about fidelity and blackrock is there essentially too big to fail, a bailout is always a possibility\n\nIt's detailed in each ETFs disclosure information-- here is blackrocks:\n\nhttps://www.ishares.com/us/literature/prospectus/p-ishares-bitcoin-trust-12-31.pdf\n\nIn the event the custodian (Coinbase) is hacked they would *only be covered up to 320Million* -- far far far less than required to covered the billions in the BTC wallets + this is the same insurance for *any* loss. So it's not separate insurance for the ETFs:\n\n>Coinbase Global maintains a commercial crime insurance policy of up to $320 million, which is intended to cover the loss of client assets held by Coinbase \nInsureds, including from employee collusion or fraud, physical loss including theft, damage of key material, security breach or hack, and fraudulent transfer. \nThe insurance maintained by Coinbase Global is shared among all of Coinbase’s customers, is not specific to the Trust or to customers holding bitcoin with \nthe Bitcoin Custodian or Prime Execution Agent and may not be available or sufficient to protect the Trust from all possible losses or sources of losses.\n\nSo in reality we know what would happen in the case the ETF wallets are hacked -- there would be a total loss. The ETF sponsors would be off the hook and only Coinbase could be held negligent (if at all). So only CB may fall - not the big banks and they are protected from having to pay back the customers they sell their very ETFs to.", '1b51oo5'], ['u/weaponsmiths', 11, '2024-03-03 04:27', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt3l3xr/', "The prospectus says they are not responsible if the keys are lost, even if it's intentional by the trustee. I didn't see anything about insurance on the holdings, it was all warnings about how you can lose everything. Got a link?", '1b51oo5'], ['u/National_Asparagus_2', 53, '2024-03-03 04:28', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt3lazx/', 'You never know. May be they re using just spreadsheet', '1b51oo5'], ['u/WorldsMostDad', 52, '2024-03-03 04:51', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt3odxs/', 'Ah yes, the "FTX method"\n\nClassic', '1b51oo5'], ['u/bittabet', 11, '2024-03-03 05:34', 'https://www.reddit.com/r/CryptoCurrency/comments/1b51oo5/so_what_happens_if_bitcoin_etf_gets_hackedloses/kt3trye/', 'Yeah I think the reason WHY people buy BlackRock and Fidelity’s ETFs over those from smaller players is that they have a LOT of money and brand reputation on the line. So if something really bad happens it’s unlikely that they’d just do nothing. A similar example with a much smaller player would be how Gemini worked pretty hard to fix their Gem... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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 Kevin Buckland\nTOKYO, March 4 (Reuters) - The U.S. dollar drifted weaker on Monday, pressured by lower Treasury yields, as traders waited for more crucial economic data for fresh clues on the timing of Federal Reserve interest rate cuts.\nBitcoin rose to a more than two-year peak amid big flows into cryptocurrency exchange-traded funds.\nThe euro was firm following Friday\'s 0.33% advance, with a European Central Bank policy decision looming on Thursday.\nThe yen stuck near the closely watched 150 per dollar level, as investors tried to assess whether the Bank of Japan\'s exit from its negative interest rate policy could happen as soon as this month.\nThe dollar index - which measures the currency against six major peers, including the euro and yen - eased 0.07% to 103.79 in early Asian trading, bringing it closer to the bottom of the 103.43-104.97 range of the past month.\nThe index lost 0.26% on Friday following some weak manufacturing and construction spending data.\nThat also weighed on Treasury yields, removing additional support for the dollar, with the benchmark 10-year yield sliding as low as 4.178% for the first time in two weeks. The yield stood around 4.19% on Monday.\n"Bias appears to be swinging towards a test of range support," in the lead up to key macro releases this week, as well as Fed Chair Jerome Powell\'s annual testimony to Congress, Westpac strategists wrote in a client note.\n"However, markets will need a major shift in data to suggest that range support will be anything other than another buying opportunity," that will keep the dollar index within its current range, the note said.\nThis week brings manufacturing and services ISM readings on Tuesday, with the main event on Friday in the form of monthly payrolls figures.\nMeanwhile, the dollar declined 0.09% to 149.99 yen, as traders assessed cautious comments from BOJ Governor Kazuo Ueda from late last week that it was too early to conclude that the central bank\'s inflation target is close to being met.\nThat contrasted with hawkish remarks from BOJ board member Hajime Takata earlier the same day, that had sent the yen to a more than two-week high of 149.21 per dollar.\nMarkets are weighing whether the BOJ will end its negative interest policy at its March 18-19 meeting, or wait until April or later.\nElsewhere, the euro was little changed at $1.08425, sitting near the top of its recent range.\nMost economists expect the ECB will first cut rates at its June meeting, but will be hoping for additional clues on the timing from central bank head Christine Lagarde\'s press conference.\nBitcoin was last trading about 1.5% higher from Sunday at $63,500, after earlier reaching $64,284.75, the firmest since November of 2021, the same month it marked its record high of $68,999.99.\n(Reporting by Kevin Buckland; Editing by Jacqueline Wong)', '(Bloomberg) -- Apple Inc. was removed from Goldman Sachs Group Inc.’s list of top buys after underperformance in its stock amid concerns over weak demand for its key products.\nMost Read from Bloomberg\n• These Are the Best Countries for Wealthy Expats\n• Slow US Inflation Retreat Is Set to Bolster Fed Patience on Rate Cuts\n• Is Now the Right Time to Invest in Bitcoin?\n• Billions Pour Into Nigeria as Tinubu’s Reforms Start to Pay Off\nThe iPhone maker had ranked in the 20-25 member “Directors’ Cut” version of Goldman’s conviction list since it was unveiled last June. Its share price is little changed in that span while the S&P 500 Index has jumped almost 22%. Apple dropped 0.6% Friday after its removal from the list.\nApple has lagged its Magnificent 7 peers even more dramatically, trailing all but Tesla Inc. Concerns of a prolonged iPhone sales slump have been the main culprit, particularly as China’s economic troubles continue.\nGoldman said its Directors’ Cut list is reviewed monthly, with stocks being removed if they are “no longer a top investment idea”. Analyst Michael Ng maintains a buy rating on Apple on the belief that “the market’s focus on slower product revenue growth masks the strength of the Apple ecosystem and associated revenue durability & visibility,” the broker’s report said.\nMost Read from Bloomberg Businessweek\n• How Apple Sank About $1 Billion a Year Into a Car It Never Built\n• The Battle to Unseat the Aeron, the World’s Most Coveted Office Chair\n• How Microsoft’s Bing Helps Maintain Beijing’s Great Firewall\n• Airbus Is Soaring at Boeing’s Expense\n• Barbenheimer Gives the Oscars Some Much Needed Juice\n©2024 Bloomberg L.P.', '(Bloomberg) -- Prada SpA should confirm the resilience of demand for luxury brands in Asia when it reports earnings, shrugging off lukewarm consumer sentiment in China.\nMost Read from Bloomberg\n• These Are the Best Countries for Wealthy Expats\n• Slow US Inflation Retreat Is Set to Bolster Fed Patience on Rate Cuts\n• Is Now the Right Time to Invest in Bitcoin?\n• Billions Pour Into Nigeria as Tinubu’s Reforms Start to Pay Off\nJapan has been among the world’s strongest luxury markets as a weaker yen attracted tourists looking for bargains and domestic demand remained solid. Strong earnings at LVMH Moët Hennessy Louis Vuitton SE, Richemont and Hermes International SCA were all underpinned by growth in Japan. Luxury sales across Asia also held up, defying the sector-wide cyclical downturn as Chinese shoppers hold back and growth slows in other key markets.\nWhile affluent Asians ramped up spending, the broader population tightened purse strings, particularly in China. Online retailer JD.com Inc. may post its slowest annual revenue growth since at least 2015, Bloomberg’s estimates showed. Advertising revenue growth at Chinese online video platform Bilibili Inc. should also decelerate this year due to macroeconomic headwinds, said Alex Poon, an analyst at Morgan Stanley.\nJD.com responded to Alibaba Group Holding Ltd.’s price cuts in cloud computing services with its own sharp reductions, an aggressive round of competition that will erode profits at China’s leading technology companies.\nHighlights to look out for:\nWednesday: JD.com’s (JD US) slowing growth comes as economic headwinds in China, its biggest market, dent consumer sentiment. The company has said it’s considering making a bid for UK electronics retailer Currys Plc. A deal could bring some synergies as JD.com is also a major player in consumer electronics retail, analysts including HSBC’s Charlene Liu said.\n• SJM Holdings’ (880 HK) fourth-quarter revenue is estimated to surge more than fourfold. The casino operator will likely see annual Ebitda turn positive for the first time in four years as its Grand Lisboa Palace property in Macau attracts more traffic. Its gross gaming revenue for the quarter should outpace Macau’s casino industry on a sequential basis with Grand Lisboa Palace continuing to ramp up operations, said Bloomberg Intelligence analyst Angela Hanlee.\nThursday: Prada’s (1913 HK) annual earnings jumped, consensus shows, driven by growth in the Asia-Pacific region, particularly Japan, while Americas revenue probably slid. The main Prada brand remained steady, while Miu Miu likely grew the fastest. Analysts at Morningstar expect the company’s growth over the next decade to be driven by its brand strength, while rising global incomes buoy the luxury industry. Prada was ranked top of the Lyst Index of luxury’s hottest brands for the fourth quarter and was in the top four for the year, according to BI.\n• MTR’s (66 HK) transport operations revenue probably rose last year as railway services stabilize, though analysts at Jefferies said higher costs for hiring and utilities slowed segment recovery. The gloomy economic outlook in Hong Kong and China may weaken demand for its home projects and see more price cuts. Persistent rise in operating costs may also weigh on margin recovery, BI noted.\n• PLDT’s (TEL PM) full-year earnings were probably supported by the resilient fiber business and a stabilizing mobile market, BI said. The company’s efforts to lower operating costs which include manpower cuts may keep Ebitda margin at about 50%, it added.\n• Bilibili’s (BILI US) fourth-quarter loss is expected to have halved as the company expands its user base and boosts revenue. BI analysts Robert Lea and Jasmine Lyu expect Bilibili to maintain its position as the go-to platform for advertisers looking to reach China’s Gen Z, while Morgan Stanley expects slower growth in the year ahead due to macroeconomic headwinds. The company is expected to turn profitable in the last quarter of 2024.\n(Updates throughout.)\nMost Read from Bloomberg Businessweek\n• How Apple Sank About $1 Billion a Year Into a Car It Never Built\n• The Battle to Unseat the Aeron, the World’s Most Coveted Office Chair\n• How Microsoft’s Bing Helps Maintain Beijing’s Great Firewall\n• Airbus Is Soaring at Boeing’s Expense\n• Barbenheimer Gives the Oscars Some Much Needed Juice\n©2024 Bloomberg L.P.', 'SINGAPORE, March 4 (Reuters) - Bitcoin scaled a two-year high on Monday, breaking $64,000 as a wave of money carried it within striking distance of record levels.\nIt touched $64,285 early in the Asian day, its highest since late 2021, and was last 2% firmer for the session at $63,850. Bitcoin\'s record high is $68,999.99 set in November 2021.\nThe largest cryptocurrency by market value has gained 50% this year and most of the rise come in the last few weeks where trading volume has surged for U.S.-listed bitcoin funds.\nSpot bitcoin exchange-traded funds were approved in the United States earlier this year. Their launch opened the way for new large investors and has re-ignited enthusiasm and momentum reminiscent of the run up to record levels in 2021.\n"The flows are not drying up as investors feel more confident the higher price appears to go," said Markus Thielen, head of research at crypto analytics house 10x Research in Singapore.\nSmaller rival ether has hitched a ride on speculation that it too may soon have exchange-t **Last 60 Days of Bitcoin's Closing Prices:** [44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-04 **Financial & Commodity Data:** - Gold Closing Price: $2117.70 - Crude Oil Closing Price: $78.74 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,277,514,620,800 - Hash Rate: 508849652.0134983 - Transaction Count: 361258.0 - Unique Addresses: 664743.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.82 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: U.S. spot Bitcoin exchange-traded funds (ETFs)appear to be on the verge of receiving a final decision, with exchanges filing amended documents suggesting they could expect approval from the U.S. Securities and Exchange Commission (SEC) in the coming days. The amended 19b-4 filings, filed on behalf of BlackRock, Grayscale, Fidelity, and other issuers, join last month's amended S-1 filings, addressing feedback from the SEC. More than a dozen applicants hope to launch the first spot Bitcoin ETFs in the U.S., and it is likely that multiple issuers will be approved simultaneously. Speculation ran high on a potential January 5 decisionby the SEC turned out to be just rumors. However, the SEC is likely to announce the decision before the final deadline for Ark Invest & 21 Shares’ application on January 10, suggesting the regulator may approve all of the final applications it is comfortable with by that date. Grayscale spokeswoman Jenn Rosenthal said in a statement that the filing "is another important step towards uplisting GBTC as a spot Bitcoin ETF." GBTC is Grayscale's Bitcoin trust that it wants to turn into an ETF. Earlier Friday, Bloombergreportedthat the SEC's commissioners were "expected to vote on the exchange-rule filings next week." The SEC needs to approve both the 19b-4 filings and the S-1 filings before the ETFs can launch. The SEC has been considering applications for spot Bitcoin ETFs for several years, but has yet to approve any. The agency has expressed concerns about the volatility of Bitcoin and the potential for manipulation in the spot Bitcoin market. Let us know what you loved about this article, what could be improved, or share any other feedback byfilling out this short form.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59
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:** ['By Kevin Buckland\nTOKYO, March 4 (Reuters) - The U.S. dollar drifted weaker on Monday, pressured by lower Treasury yields, as traders waited for more crucial economic data for fresh clues on the timing of Federal Reserve interest rate cuts.\nBitcoin rose to a more than two-year peak amid big flows into cryptocurrency exchange-traded funds.\nThe euro was firm following Friday\'s 0.33% advance, with a European Central Bank policy decision looming on Thursday.\nThe yen stuck near the closely watched 150 per dollar level, as investors tried to assess whether the Bank of Japan\'s exit from its negative interest rate policy could happen as soon as this month.\nThe dollar index - which measures the currency against six major peers, including the euro and yen - eased 0.07% to 103.79 in early Asian trading, bringing it closer to the bottom of the 103.43-104.97 range of the past month.\nThe index lost 0.26% on Friday following some weak manufacturing and construction spending data.\nThat also weighed on Treasury yields, removing additional support for the dollar, with the benchmark 10-year yield sliding as low as 4.178% for the first time in two weeks. The yield stood around 4.19% on Monday.\n"Bias appears to be swinging towards a test of range support," in the lead up to key macro releases this week, as well as Fed Chair Jerome Powell\'s annual testimony to Congress, Westpac strategists wrote in a client note.\n"However, markets will need a major shift in data to suggest that range support will be anything other than another buying opportunity," that will keep the dollar index within its current range, the note said.\nThis week brings manufacturing and services ISM readings on Tuesday, with the main event on Friday in the form of monthly payrolls figures.\nMeanwhile, the dollar declined 0.09% to 149.99 yen, as traders assessed cautious comments from BOJ Governor Kazuo Ueda from late last week that it was too early to conclude that the central bank\'s inflation target is close to being met.\nThat contrasted with hawkish remarks from BOJ board member Hajime Takata earlier the same day, that had sent the yen to a more than two-week high of 149.21 per dollar.\nMarkets are weighing whether the BOJ will end its negative interest policy at its March 18-19 meeting, or wait until April or later.\nElsewhere, the euro was little changed at $1.08425, sitting near the top of its recent range.\nMost economists expect the ECB will first cut rates at its June meeting, but will be hoping for additional clues on the timing from central bank head Christine Lagarde\'s press conference.\nBitcoin was last trading about 1.5% higher from Sunday at $63,500, after earlier reaching $64,284.75, the firmest since November of 2021, the same month it marked its record high of $68,999.99.\n(Reporting by Kevin Buckland; Editing by Jacqueline Wong)', '(Bloomberg) -- Apple Inc. was removed from Goldman Sachs Group Inc.’s list of top buys after underperformance in its stock amid concerns over weak demand for its key products.\nMost Read from Bloomberg\n• These Are the Best Countries for Wealthy Expats\n• Slow US Inflation Retreat Is Set to Bolster Fed Patience on Rate Cuts\n• Is Now the Right Time to Invest in Bitcoin?\n• Billions Pour Into Nigeria as Tinubu’s Reforms Start to Pay Off\nThe iPhone maker had ranked in the 20-25 member “Directors’ Cut” version of Goldman’s conviction list since it was unveiled last June. Its share price is little changed in that span while the S&P 500 Index has jumped almost 22%. Apple dropped 0.6% Friday after its removal from the list.\nApple has lagged its Magnificent 7 peers even more dramatically, trailing all but Tesla Inc. Concerns of a prolonged iPhone sales slump have been the main culprit, particularly as China’s economic troubles continue.\nGoldman said its Directors’ Cut list is reviewed monthly, with stocks being removed if they are “no longer a top investment idea”. Analyst Michael Ng maintains a buy rating on Apple on the belief that “the market’s focus on slower product revenue growth masks the strength of the Apple ecosystem and associated revenue durability & visibility,” the broker’s report said.\nMost Read from Bloomberg Businessweek\n• How Apple Sank About $1 Billion a Year Into a Car It Never Built\n• The Battle to Unseat the Aeron, the World’s Most Coveted Office Chair\n• How Microsoft’s Bing Helps Maintain Beijing’s Great Firewall\n• Airbus Is Soaring at Boeing’s Expense\n• Barbenheimer Gives the Oscars Some Much Needed Juice\n©2024 Bloomberg L.P.', '(Bloomberg) -- Prada SpA should confirm the resilience of demand for luxury brands in Asia when it reports earnings, shrugging off lukewarm consumer sentiment in China.\nMost Read from Bloomberg\n• These Are the Best Countries for Wealthy Expats\n• Slow US Inflation Retreat Is Set to Bolster Fed Patience on Rate Cuts\n• Is Now the Right Time to Invest in Bitcoin?\n• Billions Pour Into Nigeria as Tinubu’s Reforms Start to Pay Off\nJapan has been among the world’s strongest luxury markets as a weaker yen attracted tourists looking for bargains and domestic demand remained solid. Strong earnings at LVMH Moët Hennessy Louis Vuitton SE, Richemont and Hermes International SCA were all underpinned by growth in Japan. Luxury sales across Asia also held up, defying the sector-wide cyclical downturn as Chinese shoppers hold back and growth slows in other key markets.\nWhile affluent Asians ramped up spending, the broader population tightened purse strings, particularly in China. Online retailer JD.com Inc. may post its slowest annual revenue growth since at least 2015, Bloomberg’s estimates showed. Advertising revenue growth at Chinese online video platform Bilibili Inc. should also decelerate this year due to macroeconomic headwinds, said Alex Poon, an analyst at Morgan Stanley.\nJD.com responded to Alibaba Group Holding Ltd.’s price cuts in cloud computing services with its own sharp reductions, an aggressive round of competition that will erode profits at China’s leading technology companies.\nHighlights to look out for:\nWednesday: JD.com’s (JD US) slowing growth comes as economic headwinds in China, its biggest market, dent consumer sentiment. The company has said it’s considering making a bid for UK electronics retailer Currys Plc. A deal could bring some synergies as JD.com is also a major player in consumer electronics retail, analysts including HSBC’s Charlene Liu said.\n• SJM Holdings’ (880 HK) fourth-quarter revenue is estimated to surge more than fourfold. The casino operator will likely see annual Ebitda turn positive for the first time in four years as its Grand Lisboa Palace property in Macau attracts more traffic. Its gross gaming revenue for the quarter should outpace Macau’s casino industry on a sequential basis with Grand Lisboa Palace continuing to ramp up operations, said Bloomberg Intelligence analyst Angela Hanlee.\nThursday: Prada’s (1913 HK) annual earnings jumped, consensus shows, driven by growth in the Asia-Pacific region, particularly Japan, while Americas revenue probably slid. The main Prada brand remained steady, while Miu Miu likely grew the fastest. Analysts at Morningstar expect the company’s growth over the next decade to be driven by its brand strength, while rising global incomes buoy the luxury industry. Prada was ranked top of the Lyst Index of luxury’s hottest brands for the fourth quarter and was in the top four for the year, according to BI.\n• MTR’s (66 HK) transport operations revenue probably rose last year as railway services stabilize, though analysts at Jefferies said higher costs for hiring and utilities slowed segment recovery. The gloomy economic outlook in Hong Kong and China may weaken demand for its home projects and see more price cuts. Persistent rise in operating costs may also weigh on margin recovery, BI noted.\n• PLDT’s (TEL PM) full-year earnings were probably supported by the resilient fiber business and a stabilizing mobile market, BI said. The company’s efforts to lower operating costs which include manpower cuts may keep Ebitda margin at about 50%, it added.\n• Bilibili’s (BILI US) fourth-quarter loss is expected to have halved as the company expands its user base and boosts revenue. BI analysts Robert Lea and Jasmine Lyu expect Bilibili to maintain its position as the go-to platform for advertisers looking to reach China’s Gen Z, while Morgan Stanley expects slower growth in the year ahead due to macroeconomic headwinds. The company is expected to turn profitable in the last quarter of 2024.\n(Updates throughout.)\nMost Read from Bloomberg Businessweek\n• How Apple Sank About $1 Billion a Year Into a Car It Never Built\n• The Battle to Unseat the Aeron, the World’s Most Coveted Office Chair\n• How Microsoft’s Bing Helps Maintain Beijing’s Great Firewall\n• Airbus Is Soaring at Boeing’s Expense\n• Barbenheimer Gives the Oscars Some Much Needed Juice\n©2024 Bloomberg L.P.', 'SINGAPORE, March 4 (Reuters) - Bitcoin scaled a two-year high on Monday, breaking $64,000 as a wave of money carried it within striking distance of record levels.\nIt touched $64,285 early in the Asian day, its highest since late 2021, and was last 2% firmer for the session at $63,850. Bitcoin\'s record high is $68,999.99 set in November 2021.\nThe largest cryptocurrency by market value has gained 50% this year and most of the rise come in the last few weeks where trading volume has surged for U.S.-listed bitcoin funds.\nSpot bitcoin exchange-traded funds were approved in the United States earlier this year. Their launch opened the way for new large investors and has re-ignited enthusiasm and momentum reminiscent of the run up to record levels in 2021.\n"The flows are not drying up as investors feel more confident the higher price appears to go," said Markus Thielen, head of research at crypto analytics house 10x Research in Singapore.\nSmaller rival ether has hitched a ride on speculation that it too may soon have exchange-t **Last 60 Days of Bitcoin's Closing Prices:** [44179.92, 44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-04 **Financial & Commodity Data:** - Gold Closing Price: $2117.70 - Crude Oil Closing Price: $78.74 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,277,514,620,800 - Hash Rate: 508849652.0134983 - Transaction Count: 361258.0 - Unique Addresses: 664743.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.82 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: U.S. spot Bitcoin exchange-traded funds (ETFs)appear to be on the verge of receiving a final decision, with exchanges filing amended documents suggesting they could expect approval from the U.S. Securities and Exchange Commission (SEC) in the coming days. The amended 19b-4 filings, filed on behalf of BlackRock, Grayscale, Fidelity, and other issuers, join last month's amended S-1 filings, addressing feedback from the SEC. More than a dozen applicants hope to launch the first spot Bitcoin ETFs in the U.S., and it is likely that multiple issuers will be approved simultaneously. Speculation ran high on a potential January 5 decisionby the SEC turned out to be just rumors. However, the SEC is likely to announce the decision before the final deadline for Ark Invest & 21 Shares’ application on January 10, suggesting the regulator may approve all of the final applications it is comfortable with by that date. Grayscale spokeswoman Jenn Rosenthal said in a statement that the filing "is another important step towards uplisting GBTC as a spot Bitcoin ETF." GBTC is Grayscale's Bitcoin trust that it wants to turn into an ETF. Earlier Friday, Bloombergreportedthat the SEC's commissioners were "expected to vote on the exchange-rule filings next week." The SEC needs to approve both the 19b-4 filings and the S-1 filings before the ETFs can launch. The SEC has been considering applications for spot Bitcoin ETFs for several years, but has yet to approve any. The agency has expressed concerns about the volatility of Bitcoin and the potential for manipulation in the spot Bitcoin market. Let us know what you loved about this article, what could be improved, or share any other feedback byfilling out this short form.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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 Kevin Buckland\nTOKYO, March 5 (Reuters) - Chinese stocks stumbled on Tuesday, dragging Asian peers with them, as investors showed their disappointment at Beijing\'s plans to support the economy as its week-long annual session of parliament, the National People\'s Congress, got underway.\nEquities around the rest of the region were also on the back foot following a retreat from record highs on Wall Street overnight on signs the U.S. Federal Reserve is in no hurry to cut interest rates. U.S. stock futures also pointed lower.\nBitcoin continued its ascent to a fresh two-year peak of $68,650.87 that put it within spitting distance of an all-time high. Gold marked a record closing high of $2,114.99 on Monday and continued to hover at that level in the latest session.\nJapan\'s Nikkei slid 0.59% after reaching a fresh peak on Monday, while MSCI\'s broadest index of Asia-Pacific shares outside Japan dropped 0.4%.\nChinese blue chips lost 0.2%, and Hong Kong\'s Hang Seng slumped 1.3%.\n"China is aiming to lower their fiscal budget to 3% GDP, from a gap of around 3.8% in 2023, suggesting large fiscal stimulus is off the table for now," said James Kniveton, senior corporate FX dealer at Convera.\n"Stability is still the overriding factor in Chinese policy making and the announcements so far seem to conform to that philosophy."\nMeanwhile, alternative assets like cryptocurrencies and bullion have been supported and equities sold following hawkish comments from Atlanta Fed President Raphael Bostic that there is no urgency to cut interest rates amid risks inflation stays above the central bank\'s 2% target.\nThose remarks frayed nerves ahead of Fed Chair Jerome Powell\'s semi-annual testimony to Congress later in the week, as well as a deluge of key data on prices and jobs, culminating with Friday\'s non-farm payrolls report.\n"There are signs of slight irrational exuberance and maybe a squeeze of long-suffering shorts in some markets," particularly bitcoin and gold, said Kyle Rodda, senior markets analyst at Capital.com.\n"The moves have come despite only a minor shift in rates market pricing."\nOdds for a U.S. rate reduction by the Fed\'s May meeting declined below 22% from 26% a day earlier, according to CME Group\'s FedWatch Tool.\nThe dollar index, which measures the currency against six major peers, was last flat at 103.83. It eased 0.07% on Monday, as declines against rivals like the euro and sterling overshadowed gains against the yen.\nThe euro was little changed at $1.08525, after advancing 0.14% on Monday, with the European Central Bank due to set policy on Thursday.\nSterling was steady at $1.26895, following a 0.3% rise at the start of the week, in the run-up to Wednesday\'s UK budget.\nAgainst the yen, the dollar eased 0.07% to 150.41, giving up a little of Monday\'s 0.27% climb. The currency pair tends to be extremely sensitive to moves in long-term U.S. bonds, and benchmark 10-year Treasury yields bounced from 2 1/2-week lows overnight to sit at 4.217% in Asian time on Tuesday.\nElsewhere, crude oil continued to tick lower on Tuesday, as demand headwinds counterbalanced a widely expected extension of voluntary output cuts through the middle of the year by the OPEC+ producer group.\nBrent futures were off 11 cents to $82.69 a barrel, while U.S. West Texas Intermediate (WTI) eased 19 cents to $78.55 a barrel.\n(Reporting by Kevin Buckland. Editing by Sam Holmes.)', 'Bitcoin has been surging for the past weeks and months. The top token by market cap has increased more than 50% in the past month and more than 150% in the last 6 months. Its market cap has surpassed $1.3 trillion, larger than nearly all publicly traded companies. However, despite the recent pump, many believe that Bitcoin has more in the tank.\nOne of the analysts who sees Bitcoin further appreciating is Guy Turner of Coin Bureau. HisYouTube channelhas over 2 million subscribers and consistently garners hundreds of thousands of views. In avideo from early 2024, he discusses his top 10 picks for the coming year, including Bitcoin.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin has jumped nearly 50% already this year –how much would you need to get started today?\n"BTC will hit a new all-time time high in 2024...that\'s simply because BTC has a history of surpassing its previous all-time high roughly one year before its cycle high...In late 2016, BTC surpassed its 2013 cycle high of around $1,000. In late 2017, BTC hit a new cycle high of almost $20,000. In late 2020, BTC surpassed its 2017 high and in late 2021, BTC hit a cycle high of almost $70,000. It appears that 2024 will be analogous to 2016 and 2020," Turner said.\nTurner looks at past times Bitcoin has hit all-time highs (ATHs) to make a price prediction for Bitcoin, saying that Bitcoin will break ATHs in 2024, and "$80,000 would be a conservative expectation."\nAdditionally, his prediction shows that a new ATH is usually reached around a year before a cycle high. This means that Bitcoin could reach new ATHs, retrace slightly and then continue to rise in 2025: "We believe that BTC will hit a high of between $130,000 and $180,000 – this is likewise based on BTC\'s previous cycles, which have seen diminishing returns."\nTurner\'s prediction was made "regardless of whether a spot Bitcoin ETF is approved or not," but the spot ETFs were approved in early 2024. The ETFs brought in huge amounts of institutional buyers and may have been another price catalyst.\nTrending:Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\nOn top of the ETFs, an upcoming Bitcoin halving could send prices even higher. The halving will further limit the amount of new tokens that are put into circulation each block, effectively decreasing the rate at which the supply increases. While some believe that this isalready priced in, it could lead to further gains when it occurs, most likely in April 2024.\nAnother important factor to consider is exchange liquidity. On Coinbase and Binance,there is only around 5,000 BTC, equating to just over $300 million, between the current price and the $80,000 level. According to the post, that is less than what the ETF sponsors buy in a single day. If more liquidity is not added, there is comparatively less room between current prices at $80,000 than in the past.\nSo, as Bitcoin appears to be following patterns of old and other signs are pointing towards price increases, it will be interesting to see how the price of Bitcoin moves in the coming months, and if Turner’s prediction plays out.\nRead Next:\n• Whether you have $10 or $10,000,you can start trading crypto today.\n• Thelast-standing top crypto exchange without a major security breachoffers what now?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleBitcoin Surges Above $68,000: Analysts Target $80,000 Soonoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Bitcoin has been surging for the past weeks and months. The top token by market cap has increased more than 50% in the past month and more than 150% in the last 6 months. Its market cap has surpassed $1.3 trillion, larger than nearly all publicly traded companies. However, despite the recent pump, many believe that Bitcoin has more in the tank.\nOne of the analysts who sees Bitcoin further appreciating is Guy Turner of Coin Bureau. HisYouTube channelhas over 2 million subscribers and consistently garners hundreds of thousands of views. In avideo from early 2024, he discusses his top 10 picks for the coming year, including Bitcoin.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin has jumped nearly 50% already this year –how much would you need to get started today?\n"BTC will hit a new all-time time high in 2024...that\'s simply because BTC has a history of surpassing its previous all-time high roughly one year before its cycle high...In late 2016, BTC surpassed its 2013 cycle high of around $1,000. In late 2017, BTC hit a new cycle high of almost $20,000. In late 2020, BTC surpassed its 2017 high and in late 2021, BTC hit a cycle high of almost $70,000. It appears that 2024 will be analogous to 2016 and 2020," Turner said.\nTurner looks at past times Bitcoin has hit all-time highs (ATHs) to make a price prediction for Bitcoin, saying that Bitcoin will break ATHs in 2024, and "$80,000 would be a conservative expectation."\nAdditionally, his prediction shows that a new ATH is usually reached around a year before a cycle high. This means that Bitcoin could reach new ATHs, retrace slightly and then continue to rise in 2025: "We believe that BTC will hit a high of between $130,000 and $180,000 – this is likewise based on BTC\'s previous cycles, which have seen diminishing returns."\nTurner\'s prediction was made "regardless of whether a spot Bitcoin ETF is approved or not," but the spot ETFs were approved in early 2024. The ETFs brought in huge amounts of institutional buyers and may have been another price catalyst.\nTrending:Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\nOn top of the ETFs, an upcoming Bitcoin halving could send prices even higher. The halving will further limit the amount of new tokens that are put into circulation each block, effectively decreasing the rate at which the supply increases. While some believe that this isalready priced in, it could lead to further **Last 60 Days of Bitcoin's Closing Prices:** [44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-05 **Financial & Commodity Data:** - Gold Closing Price: $2133.50 - Crude Oil Closing Price: $78.15 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,318,976,210,250 - Hash Rate: 658743347.9554589 - Transaction Count: 424347.0 - Unique Addresses: 772888.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.90 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Aurubis AG is preparing to terminate the contract of its chief executive and two other executive board members, as the copper producer seeks to move on from a giant raw-material scam. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Hong Kong Stocks at 36% Discount Show True Depth of China Gloom Morgan Stanley, JPMorgan Say Buy the Dip After Treasury Rout Never Trumpers Brace for New Hampshire Shutout Stocks Rise as Wall Street Builds on Record Highs: Markets Wrap The company’s supervisory board is in advanced talks with Chief Executive Officer Roland Harings, Chief Financial Officer Rainer Verhoeven and Chief Operating Officer Heiko Arnold about ending their contracts, the company said on Monday. It may also appoint Markus Kramer from the supervisory board to the executive board, it said. The move follows Aurubis’s decision to carry out an independent legal probe into a criminal scam that cost the copper producer about €169 million ($184 million) last year. The company warned in December that it may make executive changes once the review was concluded. The supervisory board will meet to discuss and resolve its plans on Tuesday, Aurubis said. Aurubis’s shares fell 4.2% in Frankfurt trading. Aurubis sent shockwaves through the European copper industry in August when it said it had been hit by a sophisticated scam perpetrated by suppliers and complicit employees. The fraud — which involved valuable scrap raw materials — followed on from a smaller theft discovered a few months earlier, and raised uncomfortable questions about the company’s security controls. Harings and other executives have also faced scrutiny following the death of three workers after a nitrogen leak at its Hamburg plant. The CEO said in October that it had overhauled its processes to ensure that it would be “difficult if not impossible” for such a fraud to occur again. Read More: Aurubis Says Criminals Have New Abilities to Target Metals World Story continues Harings joined Aurubis in 2019 after the company terminated the contract of its former CEO Juergen Schachler due to cost over-runs at a major new smelting project. Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P.... - Reddit Posts (Sample): [['u/Tight-Direction1605', "PSA: A message to all those of you who're planning to sell in anticipation of a pre-halving dip", 390, '2024-03-05 00:05', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/', "Don't do it. Don't let your hardwork go to waste. We didn't have the ETFs before, it's a whole new world now. MicroStrategy, that holds $10B+ of Bitcoins, just buys and holds so why would you assume yourself to be smarter than them. Just don't do anything that you'll regret later. PSA Over.", 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/', '1b6p7ap', [['u/DesignerAstronaut975', 67, '2024-03-05 00:06', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdbev8/', 'Bears will get fucked in this market. Don’t get fucked.', '1b6p7ap'], ['u/Illustrious_Plate610', 127, '2024-03-05 00:07', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdbkor/', 'Some people buy a house from their profits. Let’s just say: don’t sell even one part of a bitcoin more than you really need to. Say no to Consumer sell outs.', '1b6p7ap'], ['u/BluexxMan', 19, '2024-03-05 00:09', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdbw24/', 'Guys, seriously, make your money and walk away. Most of us are broke and have been for a while. Let this money change your life.', '1b6p7ap'], ['u/Illustrious_Plate610', 73, '2024-03-05 00:11', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdc60q/', 'Maybe because they hold it since 2015 and made already a lot profit to improve their life', '1b6p7ap'], ['u/Tight-Direction1605', 27, '2024-03-05 00:11', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdc63f/', 'I feel so annoyed when I read people giving out wisdom about how the price is going to dip below $40,000 as it always dips before the halving and they intend to sell and buy some at the dip. I mean, god, just HODL.', '1b6p7ap'], ['u/DesignerAstronaut975', 13, '2024-03-05 00:21', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktddukd/', 'The worst is they suck noobs in and the poor folks get totally screwed.', '1b6p7ap'], ['u/omg_its_dan', 15, '2024-03-05 00:37', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdgi3p/', 'Bitcoin is the money. I have no interest in evaporating USD that’s completely controlled by our corrupt government.', '1b6p7ap'], ['u/FFMooch', 196, '2024-03-05 00:42', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdh7sa/', 'I can NOT understand how ANYONE is selling at this point. ETFs are clearly not priced in. Halvening is COMING and we have data to prove its importance. And finally, MORE institutional money will land at the end of the year with the tax changes hitting. Its literally a perfect storm and the charts are completely blown up. Just embrace this ONCE IN A LIFE TIME RIDE.', '1b6p7ap'], ['u/Tyson8765', 102, '2024-03-05 00:55', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdjcdz/', 'I have enough to pay off my entire mortgage. Wife asked when will I cash out told her I went from 69-16 to this I ain’t selling shit. This is generational wealth and hedge against fiat/inflation.', '1b6p7ap'], ['u/UrethreaFranklin1', 49, '2024-03-05 00:55', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdjg5q/', 'Oh I am 100% selling a portion of these gains to pay off mortgages and get the wife a new car.. \n\nI won’t sell all of it but will sell 10-12%..\n\nAnd when it dips again in the next cycle I’ll buy more :) \n\nCongrats everyone that held the last 3 years. We made it. In the green', '1b6p7ap'], ['u/Tight-Direction1605', 20, '2024-03-05 00:55', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdjgh2/', "That's the way to go.", '1b6p7ap'], ['u/SpaceToadD', 12, '2024-03-05 00:56', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdjjix/', 'The smartest people in the room are all accumulating right now. Don’t be the idiot. I’m not the smartest person in the room but I sure as shit won’t do whatever the idiots are doing. Buy and HODL!!!', '1b6p7ap'], ['u/Ynvictus', 54, '2024-03-05 01:02', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdkia9/', 'How so? Buying at $19000 and seeing it go up at $69000 and then back down to $19000 did nothing for me.\n\nThis time my profits actually exist.', '1b6p7ap'], ['u/isu_asenjo', 16, '2024-03-05 01:14', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdmhfh/', 'Jesuss how much do you have that 10% is a mortgage + new car lol', '1b6p7ap'], ['u/UrethreaFranklin1', 28, '2024-03-05 01:18', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdn017/', 'Enough to pay off mortgages and get a new car. 😉', '1b6p7ap'], ['u/SouthTippBass', 20, '2024-03-05 01:29', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdosv6/', 'Once in a life time, until 2028!', '1b6p7ap'], ['u/WhaleFactory', 23, '2024-03-05 01:30', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdp002/', 'I am dry aging my orange coin. I need to keep buying to have a variety of vintages. Can’t sell them because the oldest vintage is not even close to ripe yet. \n\nOne day, long from now, I will crack open one my finely aged orange coins. From it, abundance.\n\nGood things come to those who wait.', '1b6p7ap'], ['u/DashRift', 21, '2024-03-05 01:33', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdpdwi/', 'I’ve 4x what I put in, It feels ridiculous to not sell (using DCA) to safely recoup my initial investment.', '1b6p7ap'], ['u/LiveDirtyEatClean', 14, '2024-03-05 01:34', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdpjre/', "I'm only selling in the 200,000s for a house", '1b6p7ap'], ['u/us3rnamecheck5out', 14, '2024-03-05 01:39', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdqcuy/', 'The Fed is also cutting interest rates. Low interest environment has been a huge contributing factor to BTC growth. I find mind blowing that we have reached these prices in the most restrictive monetary environment of the last quarter century. Once the fed starts easing, risk assets will get a huge boost.\xa0', '1b6p7ap'], ['u/ElderBlade', 59, '2024-03-05 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktds4t5/', "A lot of these sellers don't even know what the halving is.", '1b6p7ap'], ['u/LiveDirtyEatClean', 59, '2024-03-05 01:52', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdsi64/', 'Because life is short and time is the most valuable resource', '1b6p7ap'], ['u/korean_kracka', 14, '2024-03-05 02:18', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdwjuu/', 'Trying to time a pullback at this point is so fckn risky.', '1b6p7ap'], ['u/analogOnly', 14, '2024-03-05 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdx0or/', "No, they are referring to the ETFs and now the halving in close proximity. That's not happening again.", '1b6p7ap'], ['u/International-Map-66', 12, '2024-03-05 03:02', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/kte3g8h/', 'I sold this week enough to cover my initial investment capital. I was buying a good amount under 20k. I got burned in 21 not taking huge gains to cover investment at least. Wasn’t doing that again', '1b6p7ap'], ['u/Citizen_Kano', 14, '2024-03-05 03:06', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/kte412c/', 'ETFs are priced in. ETF inflows are not', '1b6p7ap'], ['u/Unusual_Platypus5050', 14, '2024-03-05 03:23', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/kte6kda/', 'Because it can just as easily be half as much a year from now…', '1b6p7ap'], ['u/Tyson8765', 15, '2024-03-05 03:35', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/kte8dp8/', 'If I was at retirement age it would cross my mind. But currently with a 3% mortgage and in a forever home already. Simply no reason to do it our income is plenty for our lifestyle. All these gains is for the future', '1b6p7ap'], ['u/ElderBlade', 39, '2024-03-05 04:02', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktecgaw/', "The halving is part of Bitcoin's mathematical supply issuance. Every 210k blocks (approximately 4 years), the block reward is cut in HALF. \n\nCurrent reward is 6.25 btc per block = 900 coins per day, which will drop to 450 per day this April, less than 50 days from now. \n\nAfter the halving event, the price goes parabolic from supply shock and peaks 12-18 months afterward, historically. \n\nPlan accordingly.", '1b6p7ap'], ['u/davebobn', 10, '2024-03-05 04:04', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktecute/', "Bingo! Was going to ask what your rate was. 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.
66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77
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:** ['By Kevin Buckland\nTOKYO, March 5 (Reuters) - Chinese stocks stumbled on Tuesday, dragging Asian peers with them, as investors showed their disappointment at Beijing\'s plans to support the economy as its week-long annual session of parliament, the National People\'s Congress, got underway.\nEquities around the rest of the region were also on the back foot following a retreat from record highs on Wall Street overnight on signs the U.S. Federal Reserve is in no hurry to cut interest rates. U.S. stock futures also pointed lower.\nBitcoin continued its ascent to a fresh two-year peak of $68,650.87 that put it within spitting distance of an all-time high. Gold marked a record closing high of $2,114.99 on Monday and continued to hover at that level in the latest session.\nJapan\'s Nikkei slid 0.59% after reaching a fresh peak on Monday, while MSCI\'s broadest index of Asia-Pacific shares outside Japan dropped 0.4%.\nChinese blue chips lost 0.2%, and Hong Kong\'s Hang Seng slumped 1.3%.\n"China is aiming to lower their fiscal budget to 3% GDP, from a gap of around 3.8% in 2023, suggesting large fiscal stimulus is off the table for now," said James Kniveton, senior corporate FX dealer at Convera.\n"Stability is still the overriding factor in Chinese policy making and the announcements so far seem to conform to that philosophy."\nMeanwhile, alternative assets like cryptocurrencies and bullion have been supported and equities sold following hawkish comments from Atlanta Fed President Raphael Bostic that there is no urgency to cut interest rates amid risks inflation stays above the central bank\'s 2% target.\nThose remarks frayed nerves ahead of Fed Chair Jerome Powell\'s semi-annual testimony to Congress later in the week, as well as a deluge of key data on prices and jobs, culminating with Friday\'s non-farm payrolls report.\n"There are signs of slight irrational exuberance and maybe a squeeze of long-suffering shorts in some markets," particularly bitcoin and gold, said Kyle Rodda, senior markets analyst at Capital.com.\n"The moves have come despite only a minor shift in rates market pricing."\nOdds for a U.S. rate reduction by the Fed\'s May meeting declined below 22% from 26% a day earlier, according to CME Group\'s FedWatch Tool.\nThe dollar index, which measures the currency against six major peers, was last flat at 103.83. It eased 0.07% on Monday, as declines against rivals like the euro and sterling overshadowed gains against the yen.\nThe euro was little changed at $1.08525, after advancing 0.14% on Monday, with the European Central Bank due to set policy on Thursday.\nSterling was steady at $1.26895, following a 0.3% rise at the start of the week, in the run-up to Wednesday\'s UK budget.\nAgainst the yen, the dollar eased 0.07% to 150.41, giving up a little of Monday\'s 0.27% climb. The currency pair tends to be extremely sensitive to moves in long-term U.S. bonds, and benchmark 10-year Treasury yields bounced from 2 1/2-week lows overnight to sit at 4.217% in Asian time on Tuesday.\nElsewhere, crude oil continued to tick lower on Tuesday, as demand headwinds counterbalanced a widely expected extension of voluntary output cuts through the middle of the year by the OPEC+ producer group.\nBrent futures were off 11 cents to $82.69 a barrel, while U.S. West Texas Intermediate (WTI) eased 19 cents to $78.55 a barrel.\n(Reporting by Kevin Buckland. Editing by Sam Holmes.)', 'Bitcoin has been surging for the past weeks and months. The top token by market cap has increased more than 50% in the past month and more than 150% in the last 6 months. Its market cap has surpassed $1.3 trillion, larger than nearly all publicly traded companies. However, despite the recent pump, many believe that Bitcoin has more in the tank.\nOne of the analysts who sees Bitcoin further appreciating is Guy Turner of Coin Bureau. HisYouTube channelhas over 2 million subscribers and consistently garners hundreds of thousands of views. In avideo from early 2024, he discusses his top 10 picks for the coming year, including Bitcoin.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin has jumped nearly 50% already this year –how much would you need to get started today?\n"BTC will hit a new all-time time high in 2024...that\'s simply because BTC has a history of surpassing its previous all-time high roughly one year before its cycle high...In late 2016, BTC surpassed its 2013 cycle high of around $1,000. In late 2017, BTC hit a new cycle high of almost $20,000. In late 2020, BTC surpassed its 2017 high and in late 2021, BTC hit a cycle high of almost $70,000. It appears that 2024 will be analogous to 2016 and 2020," Turner said.\nTurner looks at past times Bitcoin has hit all-time highs (ATHs) to make a price prediction for Bitcoin, saying that Bitcoin will break ATHs in 2024, and "$80,000 would be a conservative expectation."\nAdditionally, his prediction shows that a new ATH is usually reached around a year before a cycle high. This means that Bitcoin could reach new ATHs, retrace slightly and then continue to rise in 2025: "We believe that BTC will hit a high of between $130,000 and $180,000 – this is likewise based on BTC\'s previous cycles, which have seen diminishing returns."\nTurner\'s prediction was made "regardless of whether a spot Bitcoin ETF is approved or not," but the spot ETFs were approved in early 2024. The ETFs brought in huge amounts of institutional buyers and may have been another price catalyst.\nTrending:Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\nOn top of the ETFs, an upcoming Bitcoin halving could send prices even higher. The halving will further limit the amount of new tokens that are put into circulation each block, effectively decreasing the rate at which the supply increases. While some believe that this isalready priced in, it could lead to further gains when it occurs, most likely in April 2024.\nAnother important factor to consider is exchange liquidity. On Coinbase and Binance,there is only around 5,000 BTC, equating to just over $300 million, between the current price and the $80,000 level. According to the post, that is less than what the ETF sponsors buy in a single day. If more liquidity is not added, there is comparatively less room between current prices at $80,000 than in the past.\nSo, as Bitcoin appears to be following patterns of old and other signs are pointing towards price increases, it will be interesting to see how the price of Bitcoin moves in the coming months, and if Turner’s prediction plays out.\nRead Next:\n• Whether you have $10 or $10,000,you can start trading crypto today.\n• Thelast-standing top crypto exchange without a major security breachoffers what now?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleBitcoin Surges Above $68,000: Analysts Target $80,000 Soonoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Bitcoin has been surging for the past weeks and months. The top token by market cap has increased more than 50% in the past month and more than 150% in the last 6 months. Its market cap has surpassed $1.3 trillion, larger than nearly all publicly traded companies. However, despite the recent pump, many believe that Bitcoin has more in the tank.\nOne of the analysts who sees Bitcoin further appreciating is Guy Turner of Coin Bureau. HisYouTube channelhas over 2 million subscribers and consistently garners hundreds of thousands of views. In avideo from early 2024, he discusses his top 10 picks for the coming year, including Bitcoin.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin has jumped nearly 50% already this year –how much would you need to get started today?\n"BTC will hit a new all-time time high in 2024...that\'s simply because BTC has a history of surpassing its previous all-time high roughly one year before its cycle high...In late 2016, BTC surpassed its 2013 cycle high of around $1,000. In late 2017, BTC hit a new cycle high of almost $20,000. In late 2020, BTC surpassed its 2017 high and in late 2021, BTC hit a cycle high of almost $70,000. It appears that 2024 will be analogous to 2016 and 2020," Turner said.\nTurner looks at past times Bitcoin has hit all-time highs (ATHs) to make a price prediction for Bitcoin, saying that Bitcoin will break ATHs in 2024, and "$80,000 would be a conservative expectation."\nAdditionally, his prediction shows that a new ATH is usually reached around a year before a cycle high. This means that Bitcoin could reach new ATHs, retrace slightly and then continue to rise in 2025: "We believe that BTC will hit a high of between $130,000 and $180,000 – this is likewise based on BTC\'s previous cycles, which have seen diminishing returns."\nTurner\'s prediction was made "regardless of whether a spot Bitcoin ETF is approved or not," but the spot ETFs were approved in early 2024. The ETFs brought in huge amounts of institutional buyers and may have been another price catalyst.\nTrending:Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\nOn top of the ETFs, an upcoming Bitcoin halving could send prices even higher. The halving will further limit the amount of new tokens that are put into circulation each block, effectively decreasing the rate at which the supply increases. While some believe that this isalready priced in, it could lead to further **Last 60 Days of Bitcoin's Closing Prices:** [44162.69, 43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-05 **Financial & Commodity Data:** - Gold Closing Price: $2133.50 - Crude Oil Closing Price: $78.15 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,318,976,210,250 - Hash Rate: 658743347.9554589 - Transaction Count: 424347.0 - Unique Addresses: 772888.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.90 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Aurubis AG is preparing to terminate the contract of its chief executive and two other executive board members, as the copper producer seeks to move on from a giant raw-material scam. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Hong Kong Stocks at 36% Discount Show True Depth of China Gloom Morgan Stanley, JPMorgan Say Buy the Dip After Treasury Rout Never Trumpers Brace for New Hampshire Shutout Stocks Rise as Wall Street Builds on Record Highs: Markets Wrap The company’s supervisory board is in advanced talks with Chief Executive Officer Roland Harings, Chief Financial Officer Rainer Verhoeven and Chief Operating Officer Heiko Arnold about ending their contracts, the company said on Monday. It may also appoint Markus Kramer from the supervisory board to the executive board, it said. The move follows Aurubis’s decision to carry out an independent legal probe into a criminal scam that cost the copper producer about €169 million ($184 million) last year. The company warned in December that it may make executive changes once the review was concluded. The supervisory board will meet to discuss and resolve its plans on Tuesday, Aurubis said. Aurubis’s shares fell 4.2% in Frankfurt trading. Aurubis sent shockwaves through the European copper industry in August when it said it had been hit by a sophisticated scam perpetrated by suppliers and complicit employees. The fraud — which involved valuable scrap raw materials — followed on from a smaller theft discovered a few months earlier, and raised uncomfortable questions about the company’s security controls. Harings and other executives have also faced scrutiny following the death of three workers after a nitrogen leak at its Hamburg plant. The CEO said in October that it had overhauled its processes to ensure that it would be “difficult if not impossible” for such a fraud to occur again. Read More: Aurubis Says Criminals Have New Abilities to Target Metals World Story continues Harings joined Aurubis in 2019 after the company terminated the contract of its former CEO Juergen Schachler due to cost over-runs at a major new smelting project. Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P.... - Reddit Posts (Sample): [['u/Tight-Direction1605', "PSA: A message to all those of you who're planning to sell in anticipation of a pre-halving dip", 390, '2024-03-05 00:05', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/', "Don't do it. Don't let your hardwork go to waste. We didn't have the ETFs before, it's a whole new world now. MicroStrategy, that holds $10B+ of Bitcoins, just buys and holds so why would you assume yourself to be smarter than them. Just don't do anything that you'll regret later. PSA Over.", 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/', '1b6p7ap', [['u/DesignerAstronaut975', 67, '2024-03-05 00:06', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdbev8/', 'Bears will get fucked in this market. Don’t get fucked.', '1b6p7ap'], ['u/Illustrious_Plate610', 127, '2024-03-05 00:07', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdbkor/', 'Some people buy a house from their profits. Let’s just say: don’t sell even one part of a bitcoin more than you really need to. Say no to Consumer sell outs.', '1b6p7ap'], ['u/BluexxMan', 19, '2024-03-05 00:09', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdbw24/', 'Guys, seriously, make your money and walk away. Most of us are broke and have been for a while. Let this money change your life.', '1b6p7ap'], ['u/Illustrious_Plate610', 73, '2024-03-05 00:11', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdc60q/', 'Maybe because they hold it since 2015 and made already a lot profit to improve their life', '1b6p7ap'], ['u/Tight-Direction1605', 27, '2024-03-05 00:11', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdc63f/', 'I feel so annoyed when I read people giving out wisdom about how the price is going to dip below $40,000 as it always dips before the halving and they intend to sell and buy some at the dip. I mean, god, just HODL.', '1b6p7ap'], ['u/DesignerAstronaut975', 13, '2024-03-05 00:21', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktddukd/', 'The worst is they suck noobs in and the poor folks get totally screwed.', '1b6p7ap'], ['u/omg_its_dan', 15, '2024-03-05 00:37', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdgi3p/', 'Bitcoin is the money. I have no interest in evaporating USD that’s completely controlled by our corrupt government.', '1b6p7ap'], ['u/FFMooch', 196, '2024-03-05 00:42', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdh7sa/', 'I can NOT understand how ANYONE is selling at this point. ETFs are clearly not priced in. Halvening is COMING and we have data to prove its importance. And finally, MORE institutional money will land at the end of the year with the tax changes hitting. Its literally a perfect storm and the charts are completely blown up. Just embrace this ONCE IN A LIFE TIME RIDE.', '1b6p7ap'], ['u/Tyson8765', 102, '2024-03-05 00:55', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdjcdz/', 'I have enough to pay off my entire mortgage. Wife asked when will I cash out told her I went from 69-16 to this I ain’t selling shit. This is generational wealth and hedge against fiat/inflation.', '1b6p7ap'], ['u/UrethreaFranklin1', 49, '2024-03-05 00:55', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdjg5q/', 'Oh I am 100% selling a portion of these gains to pay off mortgages and get the wife a new car.. \n\nI won’t sell all of it but will sell 10-12%..\n\nAnd when it dips again in the next cycle I’ll buy more :) \n\nCongrats everyone that held the last 3 years. We made it. In the green', '1b6p7ap'], ['u/Tight-Direction1605', 20, '2024-03-05 00:55', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdjgh2/', "That's the way to go.", '1b6p7ap'], ['u/SpaceToadD', 12, '2024-03-05 00:56', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdjjix/', 'The smartest people in the room are all accumulating right now. Don’t be the idiot. I’m not the smartest person in the room but I sure as shit won’t do whatever the idiots are doing. Buy and HODL!!!', '1b6p7ap'], ['u/Ynvictus', 54, '2024-03-05 01:02', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdkia9/', 'How so? Buying at $19000 and seeing it go up at $69000 and then back down to $19000 did nothing for me.\n\nThis time my profits actually exist.', '1b6p7ap'], ['u/isu_asenjo', 16, '2024-03-05 01:14', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdmhfh/', 'Jesuss how much do you have that 10% is a mortgage + new car lol', '1b6p7ap'], ['u/UrethreaFranklin1', 28, '2024-03-05 01:18', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdn017/', 'Enough to pay off mortgages and get a new car. 😉', '1b6p7ap'], ['u/SouthTippBass', 20, '2024-03-05 01:29', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdosv6/', 'Once in a life time, until 2028!', '1b6p7ap'], ['u/WhaleFactory', 23, '2024-03-05 01:30', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdp002/', 'I am dry aging my orange coin. I need to keep buying to have a variety of vintages. Can’t sell them because the oldest vintage is not even close to ripe yet. \n\nOne day, long from now, I will crack open one my finely aged orange coins. From it, abundance.\n\nGood things come to those who wait.', '1b6p7ap'], ['u/DashRift', 21, '2024-03-05 01:33', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdpdwi/', 'I’ve 4x what I put in, It feels ridiculous to not sell (using DCA) to safely recoup my initial investment.', '1b6p7ap'], ['u/LiveDirtyEatClean', 14, '2024-03-05 01:34', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdpjre/', "I'm only selling in the 200,000s for a house", '1b6p7ap'], ['u/us3rnamecheck5out', 14, '2024-03-05 01:39', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdqcuy/', 'The Fed is also cutting interest rates. Low interest environment has been a huge contributing factor to BTC growth. I find mind blowing that we have reached these prices in the most restrictive monetary environment of the last quarter century. Once the fed starts easing, risk assets will get a huge boost.\xa0', '1b6p7ap'], ['u/ElderBlade', 59, '2024-03-05 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktds4t5/', "A lot of these sellers don't even know what the halving is.", '1b6p7ap'], ['u/LiveDirtyEatClean', 59, '2024-03-05 01:52', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdsi64/', 'Because life is short and time is the most valuable resource', '1b6p7ap'], ['u/korean_kracka', 14, '2024-03-05 02:18', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdwjuu/', 'Trying to time a pullback at this point is so fckn risky.', '1b6p7ap'], ['u/analogOnly', 14, '2024-03-05 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktdx0or/', "No, they are referring to the ETFs and now the halving in close proximity. That's not happening again.", '1b6p7ap'], ['u/International-Map-66', 12, '2024-03-05 03:02', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/kte3g8h/', 'I sold this week enough to cover my initial investment capital. I was buying a good amount under 20k. I got burned in 21 not taking huge gains to cover investment at least. Wasn’t doing that again', '1b6p7ap'], ['u/Citizen_Kano', 14, '2024-03-05 03:06', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/kte412c/', 'ETFs are priced in. ETF inflows are not', '1b6p7ap'], ['u/Unusual_Platypus5050', 14, '2024-03-05 03:23', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/kte6kda/', 'Because it can just as easily be half as much a year from now…', '1b6p7ap'], ['u/Tyson8765', 15, '2024-03-05 03:35', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/kte8dp8/', 'If I was at retirement age it would cross my mind. But currently with a 3% mortgage and in a forever home already. Simply no reason to do it our income is plenty for our lifestyle. All these gains is for the future', '1b6p7ap'], ['u/ElderBlade', 39, '2024-03-05 04:02', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktecgaw/', "The halving is part of Bitcoin's mathematical supply issuance. Every 210k blocks (approximately 4 years), the block reward is cut in HALF. \n\nCurrent reward is 6.25 btc per block = 900 coins per day, which will drop to 450 per day this April, less than 50 days from now. \n\nAfter the halving event, the price goes parabolic from supply shock and peaks 12-18 months afterward, historically. \n\nPlan accordingly.", '1b6p7ap'], ['u/davebobn', 10, '2024-03-05 04:04', 'https://www.reddit.com/r/Bitcoin/comments/1b6p7ap/psa_a_message_to_all_those_of_you_whore_planning/ktecute/', "Bingo! Was going to ask what your rate was. 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. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['• Miners appear to have just sold long-dormant bitcoin, sourced from old block rewards, right when BTC plunged from its record high on Tuesday.\n• Given the market\'s thin liquidity, it could have had an outsized impact on bitcoin\'s price.\nBitcoin\'s rapid price ascent during the last month, whichculminated in a new all-time highandquick reversalon Tuesday, has meant that some early miners have started selling their old block rewards – puttingpressure on bitcoin\'s price.\nOn-chain dataspotted by CryptoQuantshows that, just before bitcoin peaked at new highs around $69,000 and then plunged to $62,000 on Tuesday, 1,000 bitcoin worth roughly $69 million were moved to Coinbase by addresses more than a decade old and that the research firm says are linked to miners. (Shifting long-dormant tokens to Coinbase, a large crypto exchange, can be a prelude to selling.)\n"Considering that the exchange order book shows 5-10 bitcoins of liquidity for every $100 price change, a sell-off of 1,000 bitcoins is highly likely to trigger a significant price drop," Bradley Park, an analyst at CryptoQuant, told CoinDesk in an interview. "Especially when traders are waiting to enter a short against bitcoin\'s all-time high like on Tuesday."\nPark said that the recent influx of bitcoin into exchanges reminds him of the sharp increase in BTC inflows that occurred before the 40% price drop on March 12, 2020, as Covid-19 began to rapidly escalate in severity, causing governments around the world to begin lockdowns,forcing a flight to safety for traders.\nWhen that sell-off finally ended,bitcoin had bottomed outat $3,850.\n"That time, it was also miners," Park continued.', '• Miners appear to have just sold long-dormant bitcoin, sourced from old block rewards, right when BTC plunged from its record high on Tuesday.\n• Given the market\'s thin liquidity, it could have had an outsized impact on bitcoin\'s price.\nBitcoin\'s rapid price ascent during the last month, whichculminated in a new all-time highandquick reversalon Tuesday, has meant that some early miners have started selling their old block rewards – puttingpressure on bitcoin\'s price.\nOn-chain dataspotted by CryptoQuantshows that, just before bitcoin peaked at new highs around $69,000 and then plunged to $62,000 on Tuesday, 1,000 bitcoin worth roughly $69 million were moved to Coinbase by addresses more than a decade old and that the research firm says are linked to miners. (Shifting long-dormant tokens to Coinbase, a large crypto exchange, can be a prelude to selling.)\n"Considering that the exchange order book shows 5-10 bitcoins of liquidity for every $100 price change, a sell-off of 1,000 bitcoins is highly likely to trigger a significant price drop," Bradley Park, an analyst at CryptoQuant, told CoinDesk in an interview. "Especially when traders are waiting to enter a short against bitcoin\'s all-time high like on Tuesday."\nPark said that the recent influx of bitcoin into exchanges reminds him of the sharp increase in BTC inflows that occurred before the 40% price drop on March 12, 2020, as Covid-19 began to rapidly escalate in severity, causing governments around the world to begin lockdowns,forcing a flight to safety for traders.\nWhen that sell-off finally ended,bitcoin had bottomed outat $3,850.\n"That time, it was also miners," Park continued.', 'Top 10 Creations (All ETFs)\n[{"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "1,228.33", "AUM ($, mm)": "380,695.15", "AUM % Change": "0.32%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "797.53", "AUM ($, mm)": "33,754.97", "AUM % Change": "2.36%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "770.93", "AUM ($, mm)": "420,706.71", "AUM % Change": "0.18%"}, {"Ticker": "IEFA", "Name": "iShares Core MSCI EAFE ETF", "Net Flows ($, mm)": "724.58", "AUM ($, mm)": "111,440.40", "AUM % Change": "0.65%"}, {"Ticker": "JNK", "Name": "SPDR Bloomberg High Yield Bond ETF", "Net Flows ($, mm)": "320.24", "AUM ($, mm)": "9,972.23", "AUM % Change": "3.21%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "289.75", "AUM ($, mm)": "258,639.23", "AUM % Change": "0.11%"}, {"Ticker": "AGG", "Name": "iShares Core U.S. Aggregate Bond ETF", "Net Flows ($, mm)": "282.56", "AUM ($, mm)": "102,014.03", "AUM % Change": "0.28%"}, {"Ticker": "SPLG", "Name": "SPDR Portfolio S&P 500 ETF", "Net Flows ($, mm)": "232.27", "AUM ($, mm)": "32,653.99", "AUM % Change": "0.71%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "215.34", "AUM ($, mm)": "16,158.14", "AUM % Change": "1.33%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "202.51", "AUM ($, mm)": "10,295.45", "AUM % Change": "1.97%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-5,513.58", "AUM ($, mm)": "501,496.05", "AUM % Change": "-1.10%"}, {"Ticker": "XLU", "Name": "Utilities Select Sector SPDR Fund", "Net Flows ($, mm)": "-573.86", "AUM ($, mm)": "11,679.22", "AUM % Change": "-4.91%"}, {"Ticker": "EMB", "Name": "iShares JP Morgan USD Emerging Markets Bond ETF", "Net Flows ($, mm)": "-502.61", "AUM ($, mm)": "13,905.61", "AUM % Change": "-3.61%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-492.36", "AUM ($, mm)": "26,528.50", "AUM % Change": "-1.86%"}, {"Ticker": "TQQQ", "Name": "ProShares UltraPro QQQ", "Net Flows ($, mm)": "-328.58", "AUM ($, mm)": "22,349.70", "AUM % Change": "-1.47%"}, {"Ticker": "SHY", "Name": "iShares 1-3 Year Treasury Bond ETF", "Net Flows ($, mm)": "-285.66", "AUM ($, mm)": "25,243.86", "AUM % Change": "-1.13%"}, {"Ticker": "BIL", "Name": "SPDR Bloomberg 1-3 Month T-Bill ETF", "Net Flows ($, mm)": "-260.55", "AUM ($, mm)": "31,064.81", "AUM % Change": "-0.84%"}, {"Ticker": "STIP", "Name": "iShares 0-5 Year TIPS Bond ETF", "Net Flows ($, mm)": "-252.47", "AUM ($, mm)": "7,955.29", "AUM % Change": "-3.17%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Net Flows ($, mm)": "-226.58", "AUM ($, mm)": "62,792.59", "AUM % Change": "-0.36%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "-188.76", "AUM ($, mm)": "49,739.42", "AUM % Change": "-0.38%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "7.40", "AUM ($, mm)": "7,033.90", "% of AUM": "0.11%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "28.37", "AUM ($, mm)": "17,512.11", "% of AUM": "0.16%"}, {"": "Commodities", "Net Flows ($, mm)": "-123.19", "AUM ($, mm)": "123,911.24", "% of AUM": "-0.10%"}, {"": "Currency", "Net Flows ($, mm)": "-132.47", "AUM ($, mm)": "52,712.76", "% of AUM": "-0.25%"}, {"": "International Equity", "Net Flows ($, mm)": "865.73", "AUM ($, mm)": "1,428,113.73", "% of AUM": "0.06%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "-97.77", "AUM ($, mm)": "173,762.36", "% of AUM": "-0.06%"}, {"": "Inverse", "Net Flows ($, mm)": "-149.45", "AUM ($, mm)": "13,727.22", "% of AUM": "-1.09%"}, {"": "Leveraged", "Net Flows ($, mm)": "-328.93", "AUM ($, mm)": "93,060.26", "% of AUM": "-0.35%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-1,085.84", "AUM ($, mm)": "5,334,929.15", "% of AUM": "-0.02%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "1,748.17", "AUM ($, mm)": "1,368,870.68", "% of AUM": "0.13%"}, {"": "Total:", "Net Flows ($, mm)": "732.02", "AUM ($, mm)": "8,613,633.42", "% of AUM": "0.01%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'By Elizabeth Howcroft and Hannah Lang\nLONDON/NEW YORK (Reuters) -As Tether toasts $100 billion in circulation this week, the rapid rise of the world\'s biggest stablecoin has highlighted concerns about potential risks to wider financial markets.\nThe digital dollar-pegged token is designed to keep a constant value, something Tether says that it does by holding dollar-denominated reserves for every token it creates.\nCrypto traders say the tokens are essential for moving funds in crypto quickly, without using the regulated banking system.\n"Tether plays a pivotal role in our day-to-day operations, primarily serving as a mechanism for moving funds swiftly between trading venues," said Michael Hall, founding partner of London-based crypto asset manager Nickel Digital.\nRegulators, however, have long-standing concerns that growing stablecoin reserves expose the broader financial system to bigger risks, because they act as a bridge between the crypto universe and mainstream financial markets.\nJames Butterfill, head of research at asset manager CoinShares, said that Tether\'s dominance increases systemic risk within crypto.\n"If Tether fails for some unlikely reason, it would lead to a dramatic decline in trading volumes," he said.\nU.S. regulators have warned banks that stablecoin reserves could be subject to rapid outflows, for example if holders rushed to exchange such tokens back into traditional currency.\nA spokesperson for Tether said its "products provide real-world value by enabling the billions of unbanked people across the globe to access the global financial system when they couldn’t before."\nThe spokesperson also said Tether "proactively works with law enforcement and regulatory agencies across the globe to halt the illicit use of stablecoin technology, having frozen several hundreds of millions in USDT connected to illicit activities."\nCEO Paolo Ardoino said in a statement in January that Tether is committed to "transparency, stability, and responsible financial management".\nCrypto markets have mostly recovered from the collapses that saw prices plunge in 2022. Bitcoin jumped more than 20% last week and on **Last 60 Days of Bitcoin's Closing Prices:** [43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-06 **Financial & Commodity Data:** - Gold Closing Price: $2150.30 - Crude Oil Closing Price: $79.13 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,243,036,966,600 - Hash Rate: 552239932.41775 - Transaction Count: 381934.0 - Unique Addresses: 681667.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Credit Agricole SA acquired a 7% stake in Worldline SA for an undisclosed price to help stabilize its struggling payments partner and strengthen a joint venture announced last year. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Hong Kong Stocks at 36% Discount Show True Depth of China Gloom Morgan Stanley, JPMorgan Say Buy the Dip After Treasury Rout Gloom Over China Assets Is Spreading Beyond Battered Stocks Sony Sends Termination Letter to Zee Over India Merger The investment “is intended to strengthen this partnership to create a major player in the French merchant payment services market,” Credit Agricole said in a statement Monday, adding that it plans to remain a “long-term minority shareholder.” Worldline shares rose as much as 6.1% on the news. Bloomberg reported last month that the French lender had been discussing a potential move to buy stock in Worldline after its shares plunged, citing people familiar with the matter. Worldline in October cut its sales outlook, saying consumers are growing more cautious and spending less, hurting the company’s growth and profitability. The shares plunged by 59% that day. The warning added to a string of bad news for the payments industry in Europe, which is grappling with a slowdown after years of growth. The two companies announced in April that they were forming a joint venture in merchant payments, planning to invest about €80 million over the next two years. Worldline would be the majority owner of the unit, holding 50% plus one share. The agreement replaced the French lender’s previous partnership with Wirecard AG, the German company that collapsed in an accounting scandal. What Bloomberg Intelligence Says: Credit Agricole’s acquisition of a 7% stake in Worldline will strengthen the relationship further after the merchant payments joint venture announced in April that will extend its dominant position in France. The minority stake also aims to restore confidence after October’s cut to Worldline’s near-term guidance sent the shares 50% lower. The guidance reset at year-end results in February will be crucial as headwinds continue. Story continues Mar’Yana Vartsaba, banking analyst Credit Agricole’s 7% Stake May Stabilize Worldine’s Ship: React (Updates with share reaction in third paragraph, analyst’s comment in last.) Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['• Miners appear to have just sold long-dormant bitcoin, sourced from old block rewards, right when BTC plunged from its record high on Tuesday.\n• Given the market\'s thin liquidity, it could have had an outsized impact on bitcoin\'s price.\nBitcoin\'s rapid price ascent during the last month, whichculminated in a new all-time highandquick reversalon Tuesday, has meant that some early miners have started selling their old block rewards – puttingpressure on bitcoin\'s price.\nOn-chain dataspotted by CryptoQuantshows that, just before bitcoin peaked at new highs around $69,000 and then plunged to $62,000 on Tuesday, 1,000 bitcoin worth roughly $69 million were moved to Coinbase by addresses more than a decade old and that the research firm says are linked to miners. (Shifting long-dormant tokens to Coinbase, a large crypto exchange, can be a prelude to selling.)\n"Considering that the exchange order book shows 5-10 bitcoins of liquidity for every $100 price change, a sell-off of 1,000 bitcoins is highly likely to trigger a significant price drop," Bradley Park, an analyst at CryptoQuant, told CoinDesk in an interview. "Especially when traders are waiting to enter a short against bitcoin\'s all-time high like on Tuesday."\nPark said that the recent influx of bitcoin into exchanges reminds him of the sharp increase in BTC inflows that occurred before the 40% price drop on March 12, 2020, as Covid-19 began to rapidly escalate in severity, causing governments around the world to begin lockdowns,forcing a flight to safety for traders.\nWhen that sell-off finally ended,bitcoin had bottomed outat $3,850.\n"That time, it was also miners," Park continued.', '• Miners appear to have just sold long-dormant bitcoin, sourced from old block rewards, right when BTC plunged from its record high on Tuesday.\n• Given the market\'s thin liquidity, it could have had an outsized impact on bitcoin\'s price.\nBitcoin\'s rapid price ascent during the last month, whichculminated in a new all-time highandquick reversalon Tuesday, has meant that some early miners have started selling their old block rewards – puttingpressure on bitcoin\'s price.\nOn-chain dataspotted by CryptoQuantshows that, just before bitcoin peaked at new highs around $69,000 and then plunged to $62,000 on Tuesday, 1,000 bitcoin worth roughly $69 million were moved to Coinbase by addresses more than a decade old and that the research firm says are linked to miners. (Shifting long-dormant tokens to Coinbase, a large crypto exchange, can be a prelude to selling.)\n"Considering that the exchange order book shows 5-10 bitcoins of liquidity for every $100 price change, a sell-off of 1,000 bitcoins is highly likely to trigger a significant price drop," Bradley Park, an analyst at CryptoQuant, told CoinDesk in an interview. "Especially when traders are waiting to enter a short against bitcoin\'s all-time high like on Tuesday."\nPark said that the recent influx of bitcoin into exchanges reminds him of the sharp increase in BTC inflows that occurred before the 40% price drop on March 12, 2020, as Covid-19 began to rapidly escalate in severity, causing governments around the world to begin lockdowns,forcing a flight to safety for traders.\nWhen that sell-off finally ended,bitcoin had bottomed outat $3,850.\n"That time, it was also miners," Park continued.', 'Top 10 Creations (All ETFs)\n[{"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "1,228.33", "AUM ($, mm)": "380,695.15", "AUM % Change": "0.32%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "797.53", "AUM ($, mm)": "33,754.97", "AUM % Change": "2.36%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "770.93", "AUM ($, mm)": "420,706.71", "AUM % Change": "0.18%"}, {"Ticker": "IEFA", "Name": "iShares Core MSCI EAFE ETF", "Net Flows ($, mm)": "724.58", "AUM ($, mm)": "111,440.40", "AUM % Change": "0.65%"}, {"Ticker": "JNK", "Name": "SPDR Bloomberg High Yield Bond ETF", "Net Flows ($, mm)": "320.24", "AUM ($, mm)": "9,972.23", "AUM % Change": "3.21%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "289.75", "AUM ($, mm)": "258,639.23", "AUM % Change": "0.11%"}, {"Ticker": "AGG", "Name": "iShares Core U.S. Aggregate Bond ETF", "Net Flows ($, mm)": "282.56", "AUM ($, mm)": "102,014.03", "AUM % Change": "0.28%"}, {"Ticker": "SPLG", "Name": "SPDR Portfolio S&P 500 ETF", "Net Flows ($, mm)": "232.27", "AUM ($, mm)": "32,653.99", "AUM % Change": "0.71%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "215.34", "AUM ($, mm)": "16,158.14", "AUM % Change": "1.33%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "202.51", "AUM ($, mm)": "10,295.45", "AUM % Change": "1.97%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "-5,513.58", "AUM ($, mm)": "501,496.05", "AUM % Change": "-1.10%"}, {"Ticker": "XLU", "Name": "Utilities Select Sector SPDR Fund", "Net Flows ($, mm)": "-573.86", "AUM ($, mm)": "11,679.22", "AUM % Change": "-4.91%"}, {"Ticker": "EMB", "Name": "iShares JP Morgan USD Emerging Markets Bond ETF", "Net Flows ($, mm)": "-502.61", "AUM ($, mm)": "13,905.61", "AUM % Change": "-3.61%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-492.36", "AUM ($, mm)": "26,528.50", "AUM % Change": "-1.86%"}, {"Ticker": "TQQQ", "Name": "ProShares UltraPro QQQ", "Net Flows ($, mm)": "-328.58", "AUM ($, mm)": "22,349.70", "AUM % Change": "-1.47%"}, {"Ticker": "SHY", "Name": "iShares 1-3 Year Treasury Bond ETF", "Net Flows ($, mm)": "-285.66", "AUM ($, mm)": "25,243.86", "AUM % Change": "-1.13%"}, {"Ticker": "BIL", "Name": "SPDR Bloomberg 1-3 Month T-Bill ETF", "Net Flows ($, mm)": "-260.55", "AUM ($, mm)": "31,064.81", "AUM % Change": "-0.84%"}, {"Ticker": "STIP", "Name": "iShares 0-5 Year TIPS Bond ETF", "Net Flows ($, mm)": "-252.47", "AUM ($, mm)": "7,955.29", "AUM % Change": "-3.17%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Net Flows ($, mm)": "-226.58", "AUM ($, mm)": "62,792.59", "AUM % Change": "-0.36%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "-188.76", "AUM ($, mm)": "49,739.42", "AUM % Change": "-0.38%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "7.40", "AUM ($, mm)": "7,033.90", "% of AUM": "0.11%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "28.37", "AUM ($, mm)": "17,512.11", "% of AUM": "0.16%"}, {"": "Commodities", "Net Flows ($, mm)": "-123.19", "AUM ($, mm)": "123,911.24", "% of AUM": "-0.10%"}, {"": "Currency", "Net Flows ($, mm)": "-132.47", "AUM ($, mm)": "52,712.76", "% of AUM": "-0.25%"}, {"": "International Equity", "Net Flows ($, mm)": "865.73", "AUM ($, mm)": "1,428,113.73", "% of AUM": "0.06%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "-97.77", "AUM ($, mm)": "173,762.36", "% of AUM": "-0.06%"}, {"": "Inverse", "Net Flows ($, mm)": "-149.45", "AUM ($, mm)": "13,727.22", "% of AUM": "-1.09%"}, {"": "Leveraged", "Net Flows ($, mm)": "-328.93", "AUM ($, mm)": "93,060.26", "% of AUM": "-0.35%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "-1,085.84", "AUM ($, mm)": "5,334,929.15", "% of AUM": "-0.02%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "1,748.17", "AUM ($, mm)": "1,368,870.68", "% of AUM": "0.13%"}, {"": "Total:", "Net Flows ($, mm)": "732.02", "AUM ($, mm)": "8,613,633.42", "% of AUM": "0.01%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'By Elizabeth Howcroft and Hannah Lang\nLONDON/NEW YORK (Reuters) -As Tether toasts $100 billion in circulation this week, the rapid rise of the world\'s biggest stablecoin has highlighted concerns about potential risks to wider financial markets.\nThe digital dollar-pegged token is designed to keep a constant value, something Tether says that it does by holding dollar-denominated reserves for every token it creates.\nCrypto traders say the tokens are essential for moving funds in crypto quickly, without using the regulated banking system.\n"Tether plays a pivotal role in our day-to-day operations, primarily serving as a mechanism for moving funds swiftly between trading venues," said Michael Hall, founding partner of London-based crypto asset manager Nickel Digital.\nRegulators, however, have long-standing concerns that growing stablecoin reserves expose the broader financial system to bigger risks, because they act as a bridge between the crypto universe and mainstream financial markets.\nJames Butterfill, head of research at asset manager CoinShares, said that Tether\'s dominance increases systemic risk within crypto.\n"If Tether fails for some unlikely reason, it would lead to a dramatic decline in trading volumes," he said.\nU.S. regulators have warned banks that stablecoin reserves could be subject to rapid outflows, for example if holders rushed to exchange such tokens back into traditional currency.\nA spokesperson for Tether said its "products provide real-world value by enabling the billions of unbanked people across the globe to access the global financial system when they couldn’t before."\nThe spokesperson also said Tether "proactively works with law enforcement and regulatory agencies across the globe to halt the illicit use of stablecoin technology, having frozen several hundreds of millions in USDT connected to illicit activities."\nCEO Paolo Ardoino said in a statement in January that Tether is committed to "transparency, stability, and responsible financial management".\nCrypto markets have mostly recovered from the collapses that saw prices plunge in 2022. Bitcoin jumped more than 20% last week and on **Last 60 Days of Bitcoin's Closing Prices:** [43989.20, 43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-06 **Financial & Commodity Data:** - Gold Closing Price: $2150.30 - Crude Oil Closing Price: $79.13 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,243,036,966,600 - Hash Rate: 552239932.41775 - Transaction Count: 381934.0 - Unique Addresses: 681667.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Credit Agricole SA acquired a 7% stake in Worldline SA for an undisclosed price to help stabilize its struggling payments partner and strengthen a joint venture announced last year. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Hong Kong Stocks at 36% Discount Show True Depth of China Gloom Morgan Stanley, JPMorgan Say Buy the Dip After Treasury Rout Gloom Over China Assets Is Spreading Beyond Battered Stocks Sony Sends Termination Letter to Zee Over India Merger The investment “is intended to strengthen this partnership to create a major player in the French merchant payment services market,” Credit Agricole said in a statement Monday, adding that it plans to remain a “long-term minority shareholder.” Worldline shares rose as much as 6.1% on the news. Bloomberg reported last month that the French lender had been discussing a potential move to buy stock in Worldline after its shares plunged, citing people familiar with the matter. Worldline in October cut its sales outlook, saying consumers are growing more cautious and spending less, hurting the company’s growth and profitability. The shares plunged by 59% that day. The warning added to a string of bad news for the payments industry in Europe, which is grappling with a slowdown after years of growth. The two companies announced in April that they were forming a joint venture in merchant payments, planning to invest about €80 million over the next two years. Worldline would be the majority owner of the unit, holding 50% plus one share. The agreement replaced the French lender’s previous partnership with Wirecard AG, the German company that collapsed in an accounting scandal. What Bloomberg Intelligence Says: Credit Agricole’s acquisition of a 7% stake in Worldline will strengthen the relationship further after the merchant payments joint venture announced in April that will extend its dominant position in France. The minority stake also aims to restore confidence after October’s cut to Worldline’s near-term guidance sent the shares 50% lower. The guidance reset at year-end results in February will be crucial as headwinds continue. Story continues Mar’Yana Vartsaba, banking analyst Credit Agricole’s 7% Stake May Stabilize Worldine’s Ship: React (Updates with share reaction in third paragraph, analyst’s comment in last.) Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Top 10 Creations (All ETFs)\n[{"Ticker": "GOVT", "Name": "iShares U.S. Treasury Bond ETF", "Net Flows ($, mm)": "2,036.70", "AUM ($, mm)": "24,718.75", "AUM % Change": "8.24%"}, {"Ticker": "IEFA", "Name": "iShares Core MSCI EAFE ETF", "Net Flows ($, mm)": "578.00", "AUM ($, mm)": "111,698.04", "AUM % Change": "0.52%"}, {"Ticker": "XLI", "Name": "Industrial Select Sector SPDR Fund", "Net Flows ($, mm)": "518.30", "AUM ($, mm)": "17,564.35", "AUM % Change": "2.95%"}, {"Ticker": "IYR", "Name": "iShares U.S. Real Estate ETF", "Net Flows ($, mm)": "474.24", "AUM ($, mm)": "3,924.86", "AUM % Change": "12.08%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "431.07", "AUM ($, mm)": "16,603.70", "AUM % Change": "2.60%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "429.32", "AUM ($, mm)": "420,654.12", "AUM % Change": "0.10%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "420.11", "AUM ($, mm)": "11,529.14", "AUM % Change": "3.64%"}, {"Ticker": "XLK", "Name": "Technology Select Sector SPDR Fund", "Net Flows ($, mm)": "410.98", "AUM ($, mm)": "65,399.30", "AUM % Change": "0.63%"}, {"Ticker": "JANW", "Name": "AllianzIM U.S. Large Cap Buffer20 Jan ETF", "Net Flows ($, mm)": "406.58", "AUM ($, mm)": "813.16", "AUM % Change": "50.00%"}, {"Ticker": "FBTC", "Name": "Fidelity Wise Origin Bitcoin Fund", "Net Flows ($, mm)": "404.58", "AUM ($, mm)": "7,490.58", "AUM % Change": "5.40%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "BND", "Name": "Vanguard Total Bond Market ETF", "Net Flows ($, mm)": "-1,457.43", "AUM ($, mm)": "104,171.83", "AUM % Change": "-1.40%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "-1,087.66", "AUM ($, mm)": "256,487.49", "AUM % Change": "-0.42%"}, {"Ticker": "JNK", "Name": "SPDR Bloomberg High Yield Bond ETF", "Net Flows ($, mm)": "-753.95", "AUM ($, mm)": "9,224.02", "AUM % Change": "-8.17%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "-696.00", "AUM ($, mm)": "48,870.72", "AUM % Change": "-1.42%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "-389.65", "AUM ($, mm)": "379,902.23", "AUM % Change": "-0.10%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-367.96", "AUM ($, mm)": "28,117.06", "AUM % Change": "-1.31%"}, {"Ticker": "XLE", "Name": "Energy Select Sector SPDR Fund", "Net Flows ($, mm)": "-228.47", "AUM ($, mm)": "35,531.10", "AUM % Change": "-0.64%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "-195.14", "AUM ($, mm)": "33,131.37", "AUM % Change": "-0.59%"}, {"Ticker": "KBE", "Name": "SPDR S&P Bank ETF", "Net Flows ($, mm)": "-174.41", "AUM ($, mm)": "1,395.37", "AUM % Change": "-12.50%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "-172.35", "AUM ($, mm)": "33,564.87", "AUM % Change": "-0.51%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "-19.54", "AUM ($, mm)": "7,013.18", "% of AUM": "-0.28%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "-12.89", "AUM ($, mm)": "17,482.99", "% of AUM": "-0.07%"}, {"": "Commodities", "Net Flows ($, mm)": "-212.40", "AUM ($, mm)": "126,133.61", "% of AUM": "-0.17%"}, {"": "Currency", "Net Flows ($, mm)": "610.32", "AUM ($, mm)": "57,189.72", "% of AUM": "1.07%"}, {"": "International Equity", "Net Flows ($, mm)": "971.55", "AUM ($, mm)": "1,427,708.73", "% of AUM": "0.07%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "24.77", "AUM ($, mm)": "173,791.92", "% of AUM": "0.01%"}, {"": "Inverse", "Net Flows ($, mm)": "26.12", "AUM ($, mm)": "13,793.40", "% of AUM": "0.19%"}, {"": "Leveraged", "Net Flows ($, mm)": "83.60", "AUM ($, mm)": "92,900.00", "% of AUM": "0.09%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "2,278.82", "AUM ($, mm)": "5,334,389.93", "% of AUM": "0.04%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "1,571.43", "AUM ($, mm)": "1,369,113.14", "% of AUM": "0.11%"}, {"": "Total:", "Net Flows ($, mm)": "5,321.77", "AUM ($, mm)": "8,619,516.63", "% of AUM": "0.06%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'By Stella Qiu\nSYDNEY, March 7 (Reuters) - Asian shares rallied in relief on Thursday while the dollar nursed losses after the world\'s most powerful central banker reassured investors that U.S. rates would fall this year, setting the scene for policymakers in Europe.\nJapan\'s Nikkei reversed earlier gains and the yen jumped past the 149 per dollar level to the highest in a month as momentum builds that a move from the Bank of Japan to end negative interest rates could come as soon as this month.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan rose 0.6%, while Japan\'s Nikkei fell 0.8%, after hitting a fresh all-time high earlier in the session.\nJapanese workers\' nominal pay in January grew 2% from a year earlier, data showed, accelerating from a gain of 0.8% the previous month. In other news, Japan\'s major union won big pay hikes in 2024 wage talks. BOJ board member Junko Nakagawa said on Thursday the economy was moving steadily towards sustainably achieving the central bank\'s 2% inflation target.\nOn speculation that the BOJ could move this month, the dollar lost 0.5% to a one-month low of 148.61 yen.\nChinese blue chips rose 0.3% and the Shanghai Composite index gained 0.4%. Hong Kong\'s Hang Seng index was an outlier, down 0.3%. Traders are waiting for China\'s January-February trade data to gauge the strength of the world\'s second-largest economy.\nElsewhere, markets were higher, with Taiwan\'s share market hitting a record high, after Federal Reserve Chair Jerome Powell stuck to the script by saying the Fed still expects to cut rates later this year, even though continued progress on inflation "is not assured".\nThat kept bets of a rate cut in June alive at an 84% probability. Longer-term bond yields slipped, gold prices hit a record high and oil jumped.\n"There was nothing particularly surprising within Fed Chair Powell\'s prepared monetary policy testimony to Congress - which is pretty short in fairness – or the Q&A session," said James Knightley, chief international economist at ING.\n"More data is required, but with more evidence of a cooling jobs market we still think they can cut rates from June."\nIndeed, data showed U.S. private payrolls increased slightly less than expected in February, although the report does not have a strong correlation with the official non-farm payrolls report due on Friday.\nFor now, investors are looking ahead to the policy action in Europe. The European Central Bank is set to keep interest rates steady at a record 4.0%, but any messaging from policymakers that support a rate cut in June would be a relief to markets.\nFutures are almost fully priced in for a first rate cut from the ECB in June, with a total easing of 88 basis points expected for all of this year.\nIn the currency markets, the broad weakness in the U.S. dollar has helped the euro break key resistance to a six week top of $1.0901, but a major chart level of $1.0916 weighed.\nTreasuries were steady in Asia. The benchmark 10-year U.S. yield was flat at 4.1156%, having slipped 3 basis points overnight to 4.0790%, the lowest in a month.\nCommodity prices rallied on a softer dollar. Gold prices were steady on Thursday at $2,148.76 per ounce after hitting a record high of $2,152.09 overnight.\nOil prices were mostly flat, having jumped 1% on Thursday. Brent rose 0.1% to $83.04 a barrel, while U.S. crude gained 0.1% to $79.24 per barrel.\nBitcoin hovered near record highs at $66,153.\n(Reporting by Stella Qiu; Editing by Jacqueline Wong)', "MicroStrategy, a company known for its aggressiveBitcoininvestment strategy, hasincreasedits convertible note offering to $700 million, up from the previously announced $600 million. This move comes amidst a surging cryptocurrency market, with Bitcoin recently reaching briefly touching new all-time highs.\nThe notes will have a maturity date of 2030 and carry an interest rate of 0.625% per year. They will be convertible into MicroStrategy shares at a price of $1,497.68 per share, representing a 21% premium over the current market price.\nHolders of the notes will have the option to require MicroStrategy to repurchase them under specific circumstances, while MicroStrategy itself can redeem the notes for cash after March 2027 if its stock price meets certain conditions.\nMicroStrategy expects to raise $684.3 million net through this offering, potentially reaching $782.0 million if additional options are exercised. These funds will be used to acquire more Bitcoin or for corporate expenses.\nThe company currently holds 193,000 BTC, acquired at an average price of $31,544, representing a total investment of $12.9 billion and a return of 112%. This strategy has also driven a 429.2% increase in MicroStrategy's stock price.", "MicroStrategy, a company known for its aggressiveBitcoininvestment strategy, hasincreasedits convertible note offering to $700 million, up from the previously announced $600 million. This move comes amidst a surging cryptocurrency market, with Bitcoin recently reaching briefly touching new all-time highs.\nThe notes will have a maturity date of 2030 and carry an interest rate of 0.625% per year. They will be convertible into MicroStrategy shares at a price of $1,497.68 per share, representing a 21% premium over the current market price.\nHolders of the notes will have the option to require MicroStrategy to repurchase them under specific circumstances, while MicroStrategy itself can redeem the notes for cash after March 2027 if its st **Last 60 Days of Bitcoin's Closing Prices:** [43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-07 **Financial & Commodity Data:** - Gold Closing Price: $2158.00 - Crude Oil Closing Price: $78.93 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,313,962,513,650 - Hash Rate: 710022770.2513928 - Transaction Count: 436344.0 - Unique Addresses: 714978.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.82 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Grifols SA is pushing back against a report by Gotham City Research LLC that alleged the company has overstated profit and misstated its accounting, which sparked a record one-day selloff in the shares. Most Read from Bloomberg SEC X Account Compromised to Falsely Say Bitcoin ETFs Approved Amazon’s Twitch to Cut 500 Employees, About 35% of Staff Bottled Water Contains More Plastic Particles Than Previously Thought US and Allies Met Secretly With Ukraine on Peace Plan BlackRock Cuts 3% of Global Workforce, Citing Dramatic Industry Shifts The Barcelona-based blood plasma company said all the transactions mentioned in the short seller’s report were recorded and presented to regulatory authorities in Spain and the US. “There’s no new information that can be considered hidden,” Grifols said in a filing on Tuesday. The accounting treatment given to deals such as the sale of Haema and Biotest Pharmaceuticals Corp. to Scranton Enterprises BV, a vehicle related to the founding family, was fully endorsed by auditor KPMG, the company said. Gotham City had said that because of this transfer none of the revenues of the two companies were available to Grifols or its creditors to pay back debt. Even so, investors were clearly spooked by the short-seller allegations. The stock plunged 26%, wiping out about €2.2 billion ($2.4 billion) of market value. At one point, it was down as much as 43% during the trading session. More than 26 million shares changed hands, compared with a daily average of about 1.5 million. Grifols is planning a management call with investors on Wednesday in an effort to reassure investors, according to analyst reports. The company declined to comment on whether its holding a call, but said in the filing that it would issue another statement relating to other aspects of the business that were criticized in the report. In their report, Gotham City said the stock market “appears to fundamentally misunderstand the company” and said Grifols artificially reduced leverage by consolidating earnings of units it doesn’t control. Story continues Analysts who cover Grifols viewed the report with skepticism, with some saying that the fund’s allegations weren’t new. “No one who knows the story should be surprised by this,” wrote Patricia Cifuentes, an analyst at Bestinver Securities, adding that she’s been adjusting the company’s leverage ratios for years and the off-balance sheet debt is well known. The Spanish company has long faced concerns about its business and strategy for growing through debt-funded deals. In recent months, the stock has rebounded as the company took steps to sell assets and cut debt, reaching a deal to sell most of its stake in Shanghai RAAS Blood Products Co. to a Chinese company for about $1.8 billion. About 2.6% of Grifols shares have been borrowed and sold short, according to S&P Global Market Intelligence data. That’s down from a peak of about 10% in March. Grifols is also planning to repay its €1.84 billion of bonds due in 2025 using existing cash and money from the stake sale, according to a person familiar with the matter, adding it doesn’t need to access markets to refinance the debt. A representative for the company declined to comment on the repayment plans. Gotham City Research, run by Daniel Yu and Cyrus de Weck, is the publishing arm of General Industrial Partners, a hedge fund that launched when Gotham City and short selling fund Portsea Asset Management combined. Last year, the firm targeted French electronic price-tag maker SES-Imagotag SA. The stock has fallen about 24% since Gotham’s report. --With assistance from Bruce Douglas and Irene García Pérez. Most Read from Bloomberg Businessweek Tropical Underworld: The Murder Case That Could Topple an Alleged Crime Empire Private Equity’s Horrible, No-Good ’23 Set to Continue Into ’24 Is There Any Hope for Hollywood? Elon Musk’s Alleged Drug Use Comes Under a Microscope Why ‘Dad’ Should Not Be Part of Your Professional Vocabulary ©2024 Bloomberg L.P.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Top 10 Creations (All ETFs)\n[{"Ticker": "GOVT", "Name": "iShares U.S. Treasury Bond ETF", "Net Flows ($, mm)": "2,036.70", "AUM ($, mm)": "24,718.75", "AUM % Change": "8.24%"}, {"Ticker": "IEFA", "Name": "iShares Core MSCI EAFE ETF", "Net Flows ($, mm)": "578.00", "AUM ($, mm)": "111,698.04", "AUM % Change": "0.52%"}, {"Ticker": "XLI", "Name": "Industrial Select Sector SPDR Fund", "Net Flows ($, mm)": "518.30", "AUM ($, mm)": "17,564.35", "AUM % Change": "2.95%"}, {"Ticker": "IYR", "Name": "iShares U.S. Real Estate ETF", "Net Flows ($, mm)": "474.24", "AUM ($, mm)": "3,924.86", "AUM % Change": "12.08%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Net Flows ($, mm)": "431.07", "AUM ($, mm)": "16,603.70", "AUM % Change": "2.60%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "429.32", "AUM ($, mm)": "420,654.12", "AUM % Change": "0.10%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "420.11", "AUM ($, mm)": "11,529.14", "AUM % Change": "3.64%"}, {"Ticker": "XLK", "Name": "Technology Select Sector SPDR Fund", "Net Flows ($, mm)": "410.98", "AUM ($, mm)": "65,399.30", "AUM % Change": "0.63%"}, {"Ticker": "JANW", "Name": "AllianzIM U.S. Large Cap Buffer20 Jan ETF", "Net Flows ($, mm)": "406.58", "AUM ($, mm)": "813.16", "AUM % Change": "50.00%"}, {"Ticker": "FBTC", "Name": "Fidelity Wise Origin Bitcoin Fund", "Net Flows ($, mm)": "404.58", "AUM ($, mm)": "7,490.58", "AUM % Change": "5.40%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "BND", "Name": "Vanguard Total Bond Market ETF", "Net Flows ($, mm)": "-1,457.43", "AUM ($, mm)": "104,171.83", "AUM % Change": "-1.40%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "-1,087.66", "AUM ($, mm)": "256,487.49", "AUM % Change": "-0.42%"}, {"Ticker": "JNK", "Name": "SPDR Bloomberg High Yield Bond ETF", "Net Flows ($, mm)": "-753.95", "AUM ($, mm)": "9,224.02", "AUM % Change": "-8.17%"}, {"Ticker": "TLT", "Name": "iShares 20+ Year Treasury Bond ETF", "Net Flows ($, mm)": "-696.00", "AUM ($, mm)": "48,870.72", "AUM % Change": "-1.42%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "-389.65", "AUM ($, mm)": "379,902.23", "AUM % Change": "-0.10%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-367.96", "AUM ($, mm)": "28,117.06", "AUM % Change": "-1.31%"}, {"Ticker": "XLE", "Name": "Energy Select Sector SPDR Fund", "Net Flows ($, mm)": "-228.47", "AUM ($, mm)": "35,531.10", "AUM % Change": "-0.64%"}, {"Ticker": "DIA", "Name": "SPDR Dow Jones Industrial Average ETF Trust", "Net Flows ($, mm)": "-195.14", "AUM ($, mm)": "33,131.37", "AUM % Change": "-0.59%"}, {"Ticker": "KBE", "Name": "SPDR S&P Bank ETF", "Net Flows ($, mm)": "-174.41", "AUM ($, mm)": "1,395.37", "AUM % Change": "-12.50%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "-172.35", "AUM ($, mm)": "33,564.87", "AUM % Change": "-0.51%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "-19.54", "AUM ($, mm)": "7,013.18", "% of AUM": "-0.28%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "-12.89", "AUM ($, mm)": "17,482.99", "% of AUM": "-0.07%"}, {"": "Commodities", "Net Flows ($, mm)": "-212.40", "AUM ($, mm)": "126,133.61", "% of AUM": "-0.17%"}, {"": "Currency", "Net Flows ($, mm)": "610.32", "AUM ($, mm)": "57,189.72", "% of AUM": "1.07%"}, {"": "International Equity", "Net Flows ($, mm)": "971.55", "AUM ($, mm)": "1,427,708.73", "% of AUM": "0.07%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "24.77", "AUM ($, mm)": "173,791.92", "% of AUM": "0.01%"}, {"": "Inverse", "Net Flows ($, mm)": "26.12", "AUM ($, mm)": "13,793.40", "% of AUM": "0.19%"}, {"": "Leveraged", "Net Flows ($, mm)": "83.60", "AUM ($, mm)": "92,900.00", "% of AUM": "0.09%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "2,278.82", "AUM ($, mm)": "5,334,389.93", "% of AUM": "0.04%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "1,571.43", "AUM ($, mm)": "1,369,113.14", "% of AUM": "0.11%"}, {"": "Total:", "Net Flows ($, mm)": "5,321.77", "AUM ($, mm)": "8,619,516.63", "% of AUM": "0.06%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'By Stella Qiu\nSYDNEY, March 7 (Reuters) - Asian shares rallied in relief on Thursday while the dollar nursed losses after the world\'s most powerful central banker reassured investors that U.S. rates would fall this year, setting the scene for policymakers in Europe.\nJapan\'s Nikkei reversed earlier gains and the yen jumped past the 149 per dollar level to the highest in a month as momentum builds that a move from the Bank of Japan to end negative interest rates could come as soon as this month.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan rose 0.6%, while Japan\'s Nikkei fell 0.8%, after hitting a fresh all-time high earlier in the session.\nJapanese workers\' nominal pay in January grew 2% from a year earlier, data showed, accelerating from a gain of 0.8% the previous month. In other news, Japan\'s major union won big pay hikes in 2024 wage talks. BOJ board member Junko Nakagawa said on Thursday the economy was moving steadily towards sustainably achieving the central bank\'s 2% inflation target.\nOn speculation that the BOJ could move this month, the dollar lost 0.5% to a one-month low of 148.61 yen.\nChinese blue chips rose 0.3% and the Shanghai Composite index gained 0.4%. Hong Kong\'s Hang Seng index was an outlier, down 0.3%. Traders are waiting for China\'s January-February trade data to gauge the strength of the world\'s second-largest economy.\nElsewhere, markets were higher, with Taiwan\'s share market hitting a record high, after Federal Reserve Chair Jerome Powell stuck to the script by saying the Fed still expects to cut rates later this year, even though continued progress on inflation "is not assured".\nThat kept bets of a rate cut in June alive at an 84% probability. Longer-term bond yields slipped, gold prices hit a record high and oil jumped.\n"There was nothing particularly surprising within Fed Chair Powell\'s prepared monetary policy testimony to Congress - which is pretty short in fairness – or the Q&A session," said James Knightley, chief international economist at ING.\n"More data is required, but with more evidence of a cooling jobs market we still think they can cut rates from June."\nIndeed, data showed U.S. private payrolls increased slightly less than expected in February, although the report does not have a strong correlation with the official non-farm payrolls report due on Friday.\nFor now, investors are looking ahead to the policy action in Europe. The European Central Bank is set to keep interest rates steady at a record 4.0%, but any messaging from policymakers that support a rate cut in June would be a relief to markets.\nFutures are almost fully priced in for a first rate cut from the ECB in June, with a total easing of 88 basis points expected for all of this year.\nIn the currency markets, the broad weakness in the U.S. dollar has helped the euro break key resistance to a six week top of $1.0901, but a major chart level of $1.0916 weighed.\nTreasuries were steady in Asia. The benchmark 10-year U.S. yield was flat at 4.1156%, having slipped 3 basis points overnight to 4.0790%, the lowest in a month.\nCommodity prices rallied on a softer dollar. Gold prices were steady on Thursday at $2,148.76 per ounce after hitting a record high of $2,152.09 overnight.\nOil prices were mostly flat, having jumped 1% on Thursday. Brent rose 0.1% to $83.04 a barrel, while U.S. crude gained 0.1% to $79.24 per barrel.\nBitcoin hovered near record highs at $66,153.\n(Reporting by Stella Qiu; Editing by Jacqueline Wong)', "MicroStrategy, a company known for its aggressiveBitcoininvestment strategy, hasincreasedits convertible note offering to $700 million, up from the previously announced $600 million. This move comes amidst a surging cryptocurrency market, with Bitcoin recently reaching briefly touching new all-time highs.\nThe notes will have a maturity date of 2030 and carry an interest rate of 0.625% per year. They will be convertible into MicroStrategy shares at a price of $1,497.68 per share, representing a 21% premium over the current market price.\nHolders of the notes will have the option to require MicroStrategy to repurchase them under specific circumstances, while MicroStrategy itself can redeem the notes for cash after March 2027 if its stock price meets certain conditions.\nMicroStrategy expects to raise $684.3 million net through this offering, potentially reaching $782.0 million if additional options are exercised. These funds will be used to acquire more Bitcoin or for corporate expenses.\nThe company currently holds 193,000 BTC, acquired at an average price of $31,544, representing a total investment of $12.9 billion and a return of 112%. This strategy has also driven a 429.2% increase in MicroStrategy's stock price.", "MicroStrategy, a company known for its aggressiveBitcoininvestment strategy, hasincreasedits convertible note offering to $700 million, up from the previously announced $600 million. This move comes amidst a surging cryptocurrency market, with Bitcoin recently reaching briefly touching new all-time highs.\nThe notes will have a maturity date of 2030 and carry an interest rate of 0.625% per year. They will be convertible into MicroStrategy shares at a price of $1,497.68 per share, representing a 21% premium over the current market price.\nHolders of the notes will have the option to require MicroStrategy to repurchase them under specific circumstances, while MicroStrategy itself can redeem the notes for cash after March 2027 if its st **Last 60 Days of Bitcoin's Closing Prices:** [43943.10, 46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-07 **Financial & Commodity Data:** - Gold Closing Price: $2158.00 - Crude Oil Closing Price: $78.93 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,313,962,513,650 - Hash Rate: 710022770.2513928 - Transaction Count: 436344.0 - Unique Addresses: 714978.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.82 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Grifols SA is pushing back against a report by Gotham City Research LLC that alleged the company has overstated profit and misstated its accounting, which sparked a record one-day selloff in the shares. Most Read from Bloomberg SEC X Account Compromised to Falsely Say Bitcoin ETFs Approved Amazon’s Twitch to Cut 500 Employees, About 35% of Staff Bottled Water Contains More Plastic Particles Than Previously Thought US and Allies Met Secretly With Ukraine on Peace Plan BlackRock Cuts 3% of Global Workforce, Citing Dramatic Industry Shifts The Barcelona-based blood plasma company said all the transactions mentioned in the short seller’s report were recorded and presented to regulatory authorities in Spain and the US. “There’s no new information that can be considered hidden,” Grifols said in a filing on Tuesday. The accounting treatment given to deals such as the sale of Haema and Biotest Pharmaceuticals Corp. to Scranton Enterprises BV, a vehicle related to the founding family, was fully endorsed by auditor KPMG, the company said. Gotham City had said that because of this transfer none of the revenues of the two companies were available to Grifols or its creditors to pay back debt. Even so, investors were clearly spooked by the short-seller allegations. The stock plunged 26%, wiping out about €2.2 billion ($2.4 billion) of market value. At one point, it was down as much as 43% during the trading session. More than 26 million shares changed hands, compared with a daily average of about 1.5 million. Grifols is planning a management call with investors on Wednesday in an effort to reassure investors, according to analyst reports. The company declined to comment on whether its holding a call, but said in the filing that it would issue another statement relating to other aspects of the business that were criticized in the report. In their report, Gotham City said the stock market “appears to fundamentally misunderstand the company” and said Grifols artificially reduced leverage by consolidating earnings of units it doesn’t control. Story continues Analysts who cover Grifols viewed the report with skepticism, with some saying that the fund’s allegations weren’t new. “No one who knows the story should be surprised by this,” wrote Patricia Cifuentes, an analyst at Bestinver Securities, adding that she’s been adjusting the company’s leverage ratios for years and the off-balance sheet debt is well known. The Spanish company has long faced concerns about its business and strategy for growing through debt-funded deals. In recent months, the stock has rebounded as the company took steps to sell assets and cut debt, reaching a deal to sell most of its stake in Shanghai RAAS Blood Products Co. to a Chinese company for about $1.8 billion. About 2.6% of Grifols shares have been borrowed and sold short, according to S&P Global Market Intelligence data. That’s down from a peak of about 10% in March. Grifols is also planning to repay its €1.84 billion of bonds due in 2025 using existing cash and money from the stake sale, according to a person familiar with the matter, adding it doesn’t need to access markets to refinance the debt. A representative for the company declined to comment on the repayment plans. Gotham City Research, run by Daniel Yu and Cyrus de Weck, is the publishing arm of General Industrial Partners, a hedge fund that launched when Gotham City and short selling fund Portsea Asset Management combined. Last year, the firm targeted French electronic price-tag maker SES-Imagotag SA. The stock has fallen about 24% since Gotham’s report. --With assistance from Bruce Douglas and Irene García Pérez. Most Read from Bloomberg Businessweek Tropical Underworld: The Murder Case That Could Topple an Alleged Crime Empire Private Equity’s Horrible, No-Good ’23 Set to Continue Into ’24 Is There Any Hope for Hollywood? Elon Musk’s Alleged Drug Use Comes Under a Microscope Why ‘Dad’ Should Not Be Part of Your Professional Vocabulary ©2024 Bloomberg L.P.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['As the presidential race is heating up and crypto continues its bull run, it only makes sense to see the two combine. There have been a variety of crypto projects over the past several months that combine meme coins, crypto, politics and an overall sense of eccentricity. These projects are paving a new asset class that some are calling "PoliFi."\nWhile there have been some popular crypto-political projects in the past, such asTrump Digital Trading Cards, the newest fad has been to create meme coins revolving around presidential candidates. Two of the most recent tokens created are doland tremp (tremp) and jeo boden (Boden). And yes, that is how the tokens are spelled.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\nThe tokens, created on the Solana chain, have seen huge price increases over the past week. Since tremp\'s launch on Feb. 27, the token has gone from $0.0001 to a high of $0.1393 on March 7, marking an increase of 139,200%. Boden was launched on March 3 and has seen a similar price increase. It began trading for $0.00004 but reached a high of $0.076 on March 7. This means that boden appreciated more than 189,900% in just three days.\nThe political meme coins seem to be a way for investors to place wagers on elections. Steven Steele, marketing director ofMAGA Coin (TRUMP), said that PoliFi has "evolved to become this kind of de facto betting market on the election for many investors." TRUMP in particular saw its price appreciate when Trump performed well in primary elections.\nTremp and boden are only two of the many meme coins that have popped up on the Solana chain in the past months. Popular tokens Bonk (BONK) and dogwifhat (WIF) have been hits in the crypto community, garnering huge amounts of attention and investment.\nTrending:Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\nThe tokens do not even try to be serious. The websites for bothbodenandtrempare fraught with memes, intentionally misspelled words and crudely drawn pictures of the candidates. However, this may be more of an attractor to the tokens than you may think. While some may view the tokens as a way to wager on the outcome of the election, others see it as a fun game to throw a few extra dollars into.\nA $10 investment into boden when the project first started would be worth $19,000 now. Not too bad for those who were able to get in early.\nWith tons of stories coming out of both crypto and politics, perhaps none are as off center as the recent PoliFi meme coins of tremp and boden.\nRead Next:\n• Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\nThelast-standing top crypto exchange without a major security breachoffers what now?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleJoe Biden and Donald Trump Both Have Their Own Memecoins, and They\'re up 100,000%+ This Weekoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'TheVolatility Shares 2X Bitcoin Strategy ETF (BITX)is surging, sending assets under management in the fund close to the vaunted $1 billion level.\nSince the start of the year, BITX, the first ETF to offer leveraged exposure to bitcoin, is up an incredible 124%, just over double the 61% gain for bitcoin. The cryptocurrency briefly surpassed $69,000 this week, topping the previous record high from November 2021.\nBITX uses CME bitcoin futures contracts to get its exposure and was launched in June 2023, seven months before the monumental SEC approval of spot bitcoin ETFs in the U.S.\nLike most leveraged ETFs, BITX is designed with aggressive traders in mind. Well-timed trades in the ETF can lead to massive returns—just as the fund has delivered over the past eight months.\nBut ill-timed trades can lead to enormous losses that are compounded by the performance decay that comes from daily rebalancing.\nSo far, investors haven’t had to worry about the downside. It’s been straight up for BITX since its launch, a windfall for the traders who have thrown money into the ETF.\nSince its debut, $541 million has flowed into BITX, with $402 million of that coming since the start of 2024.\nThose inflows combined with the fund’s stellar performance pushed assets under management in BITX to $914 million on Wednesday.\nThat makes BITX the seventh-largest ETF targeting bitcoin and the second-largest bitcoin ETF that uses futures, after the $2.9 billionProShares Bitcoin Strategy ETF (BITO).\nBITX’s success has caught the eye of competitors. On February 22, Valkyrie launched a rival product called theValkyrie Bitcoin Futures Leveraged Strategy ETF (BTFX), which currently has $27 million in AUM.\nProShares, Direxion and T-Rex have also filed with the SEC to launch leveraged bitcoin ETFs, though BITX’s first mover advantage probably means that it will remain the largest fund in the category for a long time.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'TheVolatility Shares 2X Bitcoin Strategy ETF (BITX)is surging, sending assets under management in the fund close to the vaunted $1 billion level.\nSince the start of the year, BITX, the first ETF to offer leveraged exposure to bitcoin, is up an incredible 124%, just over double the 61% gain for bitcoin. The cryptocurrency briefly surpassed $69,000 this week, topping the previous record high from November 2021.\nBITX uses CME bitcoin futures contracts to get its exposure and was launched in June 2023, seven months before the monumental SEC approval of spot bitcoin ETFs in the U.S.\nLike most leveraged ETFs, BITX is designed with aggressive traders in mind. Well-timed trades in the ETF can lead to massive returns—just as the fund has delivered over the past eight months.\nBut ill-timed trades can lead to enormous losses that are compounded by the performance decay that comes from daily rebalancing.\nSo far, investors haven’t had to worry about the downside. It’s been straight up for BITX since its launch, a windfall for the traders who have thrown money into the ETF.\nSince its debut, $541 million has flowed into BITX, with $402 million of that coming since the start of 2024.\nThose inflows combined with the fund’s stellar performance pushed assets under management in BITX to $914 million on Wednesday.\nThat makes BITX the seventh-largest ETF targeting bitcoin and the second-largest bitcoin ETF that uses futures, after the $2.9 billionProShares Bitcoin Strategy ETF (BITO).\nBITX’s success has caught the eye of competitors. On February 22, Valkyrie launched a rival product called theValkyrie Bitcoin Futures Leveraged Strategy ETF (BTFX), which currently has $27 million in AUM.\nProShares, Direxion and T-Rex have also filed with the SEC to launch leveraged bitcoin ETFs, though BITX’s first mover advantage probably means that it will remain the largest fund in the category for a long time.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'Top 10 Creations (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "1,952.33", "AUM ($, mm)": "497,734.03", "AUM % Change": "0.39%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "788.29", "AUM ($, mm)": "11,448.70", "AUM % Change": "6.89%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "685.13", "AUM ($, mm)": "417,060.09", "AUM % Change": "0.16%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "627.73", "AUM ($, mm)": "34,352.20", "AUM % Change": "1.83%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "414.15", "AUM ($, mm)": "252,283.68", "AUM % Change": "0.16%"}, {"Ticker": "XLY", "Name": "Consumer Discretionary Select Sector SPDR Fund", "Net Flows ($, mm)": "396.62", "AUM ($, mm)": "20,822.89", "AUM % Change": "1.90%"}, {"Ticker": "IYR", "Name": "iShares U.S. Real Estate ETF", "Net Flows ($, mm)": "370.51", "AUM ($, mm)": "4,249.66", "AUM % Change": "8.72%"}, {"Ticker": "MDYG", "Name": "SPDR S&P 400 Mid Cap Growth ETF", "Net Flows ($, mm)": "314.15", "AUM ($, mm)": "2,839.91", "AUM % Change": "11.06%"}, {"Ticker": "KBE", "Name": "SPDR S&P Bank ETF", "Net Flows ($, mm)": "306.95", "AUM ($, mm)": "1,744.01", "AUM % Change": "17.60%"}, {"Ticker": "IBB", "Name": "iShares Biotechnology ETF", "Net Flows ($, mm)": "247.16", "AUM ($, mm)": "7,964.11", "AUM % Change": "3.10%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "-773.46", "AUM ($, mm)": "375,159.98", "AUM % Change": "-0.21%"}, {"Ticker": "JANW", "Name": "AllianzIM U.S. Large Cap Buffer20 Jan ETF", "Net Flows ($, mm)": "-405.43", "AUM ($, mm)": "405.43", "AUM % Change": "-100.00%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Net Flows ($, mm)": "-366.75", "AUM ($, mm)": "61,746.27", "AUM % Change": "-0.59%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-332.54", "AUM ($, mm)": "25,373.95", "AUM % Change": "-1.31%"}, {"Ticker": "GLD", "Name": "SPDR Gold Trust", "Net Flows ($, mm)": "-276.72", "AUM ($, mm)": "56,074.72", "AUM % Change": "-0.49%"}, {"Ticker": "XLK", "Name": "Technology Select Sector SPDR Fund", "Net Flows ($, mm)": "-256.89", "AUM ($, mm)": "63,514.36", "AUM % Change": "-0.40%"}, {"Ticker": "XLI", "Name": "Industrial Select Sector SPDR Fund", "Net Flows ($, mm)": "-217.71", "AUM ($, mm)": "17,202.07", "AUM % Change **Last 60 Days of Bitcoin's Closing Prices:** [46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-08 **Financial & Commodity Data:** - Gold Closing Price: $2178.60 - Crude Oil Closing Price: $78.01 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,317,687,723,100 - Hash Rate: 607463925.659525 - Transaction Count: 426928.0 - Unique Addresses: 716770.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.81 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Carson Group’s decision to limit financial advisor and investor access to four of the 10 new spot bitcoin ETFs is described by one of the biggest cryptocurrency proponents as a responsible strategy in light of the funds' brief track record and inherent risks. “This is a common approach among RIAs, and a smart one,” said Ric Edelman, founder of the Digital Assets Council of Financial Professionals. Carson Group, a $30 billion mega registered investment advisory firm based in Omaha, Nebraska, narrowed the list of spot bitcoin ETFs for use by the firm’s advisors by weighing asset growth, trading volume and fees. Those four funds are the $6.5 billioniShares Bitcoin Trust ETF (IBIT);the $4.76 billionFidelity Wise Origin Bitcoin ETF (FBTC); the $1.18 billionBitwise Bitcoin ETF (BITB),and the $100.6 millionFranklin Bitcoin ETF (EZBC). Grant Engelbart, vice president and investment strategist at Carson Group, said in an interview the narrowed list was approved by an “internal due diligence committee,” and that the decision was based on “a variety of metrics such as institutional adoption, ETF specific characteristics such as assets, expenses, trading characteristics, and firm history in the digital asset space.” Merit Financial Advisors, an Alpharetta, Georgia-based RIA managing $10 billion, is also taking a cautious approach to the new spot bitcoin ETFs. Merit chief investment officer Brian Andrew said they are following the lead of LPL, the nation’s largest independent broker-dealer. "We are limiting purchases to the same products available on LPL,” Andrew said. “They currently are only allowing Grayscale funds. We are in the process of building a policy that will open up the number of funds available based on their volume, ability to track the spot rate and cost.” In the immediate wake of the Jan. 11 launch of the spot bitcoin ETFs a number of major brokerage platformsrefused or restricted access, including Vanguard Group, Citigroup Inc., Bank of America Corp’s Merrill Lynch, State Street Corp., UBS Group AG and Edward Jones. Edelman said there are multiple reasons to limit access to the list of spot bitcoin ETFs that all launched on the same day last month. “It’s more manageable for the practice and shows clients that you’re being both thoughtful and helpful,” he said. “Your due diligence process has done the work for them; improving your value-add to clients. No RIA makes every S&P 500 index fund available for use and there’s no reason to let advisors use all of the spot bitcoin ETFs, either.” Permalink| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): [['u/Tayvu', 'Wtb Szabo Onyx!', 14, '2024-03-08 00:49', 'https://www.reddit.com/r/Currencytradingcards/comments/1b996qq/wtb_szabo_onyx/', 'Starting my offer at $1,500 for it Venmo or btc if someone gets it\n\nAlso interested in golds and sapphires, pm me if you’re selling and maybe we can make a deal 🙏', 'https://www.reddit.com/r/Currencytradingcards/comments/1b996qq/wtb_szabo_onyx/', '1b996qq', [['u/TheModernSkater', 10, '2024-03-08 01:30', 'https://www.reddit.com/r/Currencytradingcards/comments/1b996qq/wtb_szabo_onyx/ktufxcn/', 'I got 2,000 Zimbabwe dollars... I hear those are hot right now 🤣', '1b996qq']]], ['u/tubbybuzz', 'Very excited about this run', 58, '2024-03-08 01:33', 'https://www.reddit.com/r/Currencytradingcards/comments/1b9a2l6/very_excited_about_this_run/', 'I purchased Bitcoin cards with Bitcoin. Thank you Inness ❤️. I expected getting here to be way harder.\n\nLook pretty good together eh!', 'https://www.reddit.com/gallery/1b9a2l6', '1b9a2l6', [['u/tubbybuzz', 14, '2024-03-08 01:34', 'https://www.reddit.com/r/Currencytradingcards/comments/1b9a2l6/very_excited_about_this_run/ktugiyl/', 'Looking for Gold 👀👀👀', '1b9a2l6'], ['u/1redrumemag87', 10, '2024-03-08 01:36', 'https://www.reddit.com/r/Currencytradingcards/comments/1b9a2l6/very_excited_about_this_run/ktugsar/', 'Nice my man! Where that gold at?', '1b9a2l6']]], ['u/NightFran1', 'DRAGOON GOT HACKED, ALL HIS VIDEOS ARE GONE', 49, '2024-03-08 01:51', 'https://www.reddit.com/r/CookieClicker/comments/1b9ahdd/dragoon_got_hacked_all_his_videos_are_gone/', 'Report dragoons yt account it now ran by Bitcoin scammers and dont click on any links. We will get this man back.', 'https://www.reddit.com/r/CookieClicker/comments/1b9ahdd/dragoon_got_hacked_all_his_videos_are_gone/', '1b9ahdd', [['u/Glitchy69420', 18, '2024-03-08 02:09', 'https://www.reddit.com/r/CookieClicker/comments/1b9ahdd/dragoon_got_hacked_all_his_videos_are_gone/ktulu86/', 'How the hell did this happen?! I just my feed and see that I’m subscribed to this channel thinking when I subscribed then I checked the community tab and instantly saw it was Dragoon', '1b9ahdd'], ['u/BetaAdd2000', 10, '2024-03-08 02:48', 'https://www.reddit.com/r/CookieClicker/comments/1b9ahdd/dragoon_got_hacked_all_his_videos_are_gone/kturvo6/', 'I just saw his account seemingly vanish and see MicroStrategy US instead. I thought it was a recommendation bug, but yes his Community Posts prove that it was Dragoon. WE NEED DRAGOON BACK', '1b9ahdd']]], ['u/Due-Albatross-2253', 'Taking profit', 19, '2024-03-08 01:56', 'https://www.reddit.com/r/algorand/comments/1b9al7o/taking_profit/', 'This is just a reminder that if your on chain when you take profit consider reinvesting it.\n\nI recently took my algos that were piling up from incentives and cashed them in on this recent pump.\n\nI converted them into the USDC/ALGO and BTC/ALGO LP.\n\nThis is a great way to take some profit and help liquidity on the chain. Folks also has some strong apy on some stable assets.\n\nLocking in the profits and getting a yield for it is a win win for you and the chain.', 'https://www.reddit.com/r/algorand/comments/1b9al7o/taking_profit/', '1b9al7o', [['u/Certain_Cranberry_77', 28, '2024-03-08 02:16', 'https://www.reddit.com/r/algorand/comments/1b9al7o/taking_profit/ktumw6s/', 'Its like breaking up with your GF but you can still have sex with her once a week. I like it.', '1b9al7o'], ['u/Background-Ad-2102', 18, '2024-03-08 02:25', 'https://www.reddit.com/r/algorand/comments/1b9al7o/taking_profit/ktuo94c/', 'Who’s taking profits before we’ve even stepped into the rocket ship? The moon is still thousands of miles away. We haven’t even started ignition.', '1b9al7o']]], ['u/TopRT2', "Seeing some unrealistic hopum as usual. Here's my take, someone who's balls deep in HBAR and actually believe.", 40, '2024-03-08 01:58', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/', 'That dude that has 1M+ hbar predicted $2-$5 minimum this cycle. That\'s cute and all, but here\'s my realistic take. \n\nI\'ve personally invested $550k usd total at 15c average, so I\'m not just a talker, I put my money where my mouth is.\n\nHbar ain\'t gonna "moon" at all this cycle, other than the usual pumps following btc. Maybe ~20-25c max this cycle. Bearish prediction? Not even, it\'s realistic. Hbar\'s "moon" will only happen when the masses know about it. The masses will know about it ONLY when piles of real world use cases pop up that\'s too big to ignore, and that will NOT happen this cycle. Moon is sometime within a decade away, hopefully the next bull cycle after this coming bull cycle.\n\nWhich is fine by me because, so long as you have conviction in your investment, you don\'t give a shit how long it takes, you know the moon will come eventually, and you\'ll be there to capitalize on it. Patience is what leads to success in crypto, speaking from experience.', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/', '1b9amgc', [['u/GoSabo', 16, '2024-03-08 02:07', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktulkvt/', 'Fully agree. But, it’s prudent to keep bag totals confidential.', '1b9amgc'], ['u/freshprinceofbelmont', 37, '2024-03-08 02:08', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktulnnp/', '![gif](giphy|3oz8xLd9DJq2l2VFtu)', '1b9amgc'], ['u/Usual_Extension_7139', 10, '2024-03-08 02:14', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktumjjs/', "If hbar can hit 37 cents it has a real shot of hitting 48 ish cents before any real resistance. I'm guessing 46 cents is the top this cycle. I also don't expect it to crash back down to anything lower than 36 if we hit another bear.", '1b9amgc'], ['u/SupeRFasTTurtlE2', 20, '2024-03-08 02:33', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktupg98/', 'Thing is though, there’s genz involved in HBar and if there’s something they know how to do is use social media to promote their passion(coin). One thing Hedera has stayed away from is advertising, another bull market could generate more advertising. The utility promotes itself, just need eyes to look..', '1b9amgc'], ['u/Expensive-Egg-1561', 10, '2024-03-08 02:44', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktur9uj/', 'Agree with this sentiment.\n\nBeen on this sub for a few years now. Every time the price jumps 10% in a few days, people get on here and start predicting 3000% increases. \n\n30c optimistic target this bull run.', '1b9amgc'], ['u/MD11X6', 40, '2024-03-08 02:50', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktus4uk/', 'So you missed ADA going from 2c to $3.50+ last cycle? Sorry, but if ADA can do that, anything can.', '1b9amgc'], ['u/RangeSea7591', 15, '2024-03-08 04:04', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktv3az3/', "Why do people keeping bringing up outlier cases? It's the exception not the norm.\n\nMy high school friend won the lottery which set her up for life, should I have gone out and purchased a ticket too?", '1b9amgc'], ['u/Shadrock50', 12, '2024-03-08 05:23', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktveotm/', 'You predict a 2x from here to the market cycle top? If thats the case, why are you in hbar? Just buy btc.', '1b9amgc']]], ['u/thetimsterr', "Worried about buying the top? Don't Be.", 220, '2024-03-08 02:33', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/', 'To those "worried" about buying the top...I want to give you some context to show just how low $67k is in the grand scheme of things. \n\nTotal U.S. 401(k) balances stand at around [$6.9T as of 09/30/23](https://www.ici.org/statistical-report/ret_23_q3#:%7E:text=Retirement%20Assets%20Total%20%2435.7%20Trillion,percent%20from%20June%2030%2C%202023.).\n\nIf just 1% of those balances get allocated to Bitcoin, that would be $69B in inflows.\n\nBitcoin ETFs launched in early January of this year as we all know. Since their launch, there have been [net inflows of $7.5B](https://cointelegraph.com/news/bitcoin-etf-inflows-hit-562-million).\n\nSince ETF inception, Bitcoin\'s price has increased from $46k to $67k. Using 19.5M coins as our basis (with 1.5M more to be mined and ignoring lost coins), that translates into a market cap increase of $409B ($897M to $1.3B). $409B / $7.5B inflows = multiplier of 54.6 for each $1B of inflows. \n\n$69B of 401(k) inflows would result in $69B x 54.6 = $3.7T (yes Trillion) increase in market cap.\n\nThat would put Bitcoin\'s total market cap at $1.3T present + $3.7T = $5T, making a new price of $5T / 19.5M coins = **~$256,000 per coin.**\n\nThis is JUST allocating 1% of 401(k) balances. *There are also pension funds, IRAs, and other retirement accounts.* Total U.S. retirement balances were [$35.7T as of 09/30/23](https://www.ici.org/statistical-report/ret_23_q3#:~:text=Retirement%20Assets%20Total%20%2435.7%20Trillion,percent%20from%20June%2030%2C%202023.).\n\nIf you were to allocate just 1% of all retirement balances, the price of one Bitcoin hits **$1M** using the same math described above.\n\nInsane. You are not late. **You are early.**', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/', '1b9bf7y', [['u/speedingmedicine', 68, '2024-03-08 02:38', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktuqaz4/', "Don't forget MSTR possibly being listed on the S&P500", '1b9bf7y'], ['u/SubstantialActive431', 11, '2024-03-08 03:13', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktuvl... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59
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:** ['As the presidential race is heating up and crypto continues its bull run, it only makes sense to see the two combine. There have been a variety of crypto projects over the past several months that combine meme coins, crypto, politics and an overall sense of eccentricity. These projects are paving a new asset class that some are calling "PoliFi."\nWhile there have been some popular crypto-political projects in the past, such asTrump Digital Trading Cards, the newest fad has been to create meme coins revolving around presidential candidates. Two of the most recent tokens created are doland tremp (tremp) and jeo boden (Boden). And yes, that is how the tokens are spelled.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\nThe tokens, created on the Solana chain, have seen huge price increases over the past week. Since tremp\'s launch on Feb. 27, the token has gone from $0.0001 to a high of $0.1393 on March 7, marking an increase of 139,200%. Boden was launched on March 3 and has seen a similar price increase. It began trading for $0.00004 but reached a high of $0.076 on March 7. This means that boden appreciated more than 189,900% in just three days.\nThe political meme coins seem to be a way for investors to place wagers on elections. Steven Steele, marketing director ofMAGA Coin (TRUMP), said that PoliFi has "evolved to become this kind of de facto betting market on the election for many investors." TRUMP in particular saw its price appreciate when Trump performed well in primary elections.\nTremp and boden are only two of the many meme coins that have popped up on the Solana chain in the past months. Popular tokens Bonk (BONK) and dogwifhat (WIF) have been hits in the crypto community, garnering huge amounts of attention and investment.\nTrending:Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\nThe tokens do not even try to be serious. The websites for bothbodenandtrempare fraught with memes, intentionally misspelled words and crudely drawn pictures of the candidates. However, this may be more of an attractor to the tokens than you may think. While some may view the tokens as a way to wager on the outcome of the election, others see it as a fun game to throw a few extra dollars into.\nA $10 investment into boden when the project first started would be worth $19,000 now. Not too bad for those who were able to get in early.\nWith tons of stories coming out of both crypto and politics, perhaps none are as off center as the recent PoliFi meme coins of tremp and boden.\nRead Next:\n• Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\nThelast-standing top crypto exchange without a major security breachoffers what now?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleJoe Biden and Donald Trump Both Have Their Own Memecoins, and They\'re up 100,000%+ This Weekoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'TheVolatility Shares 2X Bitcoin Strategy ETF (BITX)is surging, sending assets under management in the fund close to the vaunted $1 billion level.\nSince the start of the year, BITX, the first ETF to offer leveraged exposure to bitcoin, is up an incredible 124%, just over double the 61% gain for bitcoin. The cryptocurrency briefly surpassed $69,000 this week, topping the previous record high from November 2021.\nBITX uses CME bitcoin futures contracts to get its exposure and was launched in June 2023, seven months before the monumental SEC approval of spot bitcoin ETFs in the U.S.\nLike most leveraged ETFs, BITX is designed with aggressive traders in mind. Well-timed trades in the ETF can lead to massive returns—just as the fund has delivered over the past eight months.\nBut ill-timed trades can lead to enormous losses that are compounded by the performance decay that comes from daily rebalancing.\nSo far, investors haven’t had to worry about the downside. It’s been straight up for BITX since its launch, a windfall for the traders who have thrown money into the ETF.\nSince its debut, $541 million has flowed into BITX, with $402 million of that coming since the start of 2024.\nThose inflows combined with the fund’s stellar performance pushed assets under management in BITX to $914 million on Wednesday.\nThat makes BITX the seventh-largest ETF targeting bitcoin and the second-largest bitcoin ETF that uses futures, after the $2.9 billionProShares Bitcoin Strategy ETF (BITO).\nBITX’s success has caught the eye of competitors. On February 22, Valkyrie launched a rival product called theValkyrie Bitcoin Futures Leveraged Strategy ETF (BTFX), which currently has $27 million in AUM.\nProShares, Direxion and T-Rex have also filed with the SEC to launch leveraged bitcoin ETFs, though BITX’s first mover advantage probably means that it will remain the largest fund in the category for a long time.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'TheVolatility Shares 2X Bitcoin Strategy ETF (BITX)is surging, sending assets under management in the fund close to the vaunted $1 billion level.\nSince the start of the year, BITX, the first ETF to offer leveraged exposure to bitcoin, is up an incredible 124%, just over double the 61% gain for bitcoin. The cryptocurrency briefly surpassed $69,000 this week, topping the previous record high from November 2021.\nBITX uses CME bitcoin futures contracts to get its exposure and was launched in June 2023, seven months before the monumental SEC approval of spot bitcoin ETFs in the U.S.\nLike most leveraged ETFs, BITX is designed with aggressive traders in mind. Well-timed trades in the ETF can lead to massive returns—just as the fund has delivered over the past eight months.\nBut ill-timed trades can lead to enormous losses that are compounded by the performance decay that comes from daily rebalancing.\nSo far, investors haven’t had to worry about the downside. It’s been straight up for BITX since its launch, a windfall for the traders who have thrown money into the ETF.\nSince its debut, $541 million has flowed into BITX, with $402 million of that coming since the start of 2024.\nThose inflows combined with the fund’s stellar performance pushed assets under management in BITX to $914 million on Wednesday.\nThat makes BITX the seventh-largest ETF targeting bitcoin and the second-largest bitcoin ETF that uses futures, after the $2.9 billionProShares Bitcoin Strategy ETF (BITO).\nBITX’s success has caught the eye of competitors. On February 22, Valkyrie launched a rival product called theValkyrie Bitcoin Futures Leveraged Strategy ETF (BTFX), which currently has $27 million in AUM.\nProShares, Direxion and T-Rex have also filed with the SEC to launch leveraged bitcoin ETFs, though BITX’s first mover advantage probably means that it will remain the largest fund in the category for a long time.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'Top 10 Creations (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "1,952.33", "AUM ($, mm)": "497,734.03", "AUM % Change": "0.39%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "788.29", "AUM ($, mm)": "11,448.70", "AUM % Change": "6.89%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "685.13", "AUM ($, mm)": "417,060.09", "AUM % Change": "0.16%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "627.73", "AUM ($, mm)": "34,352.20", "AUM % Change": "1.83%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "414.15", "AUM ($, mm)": "252,283.68", "AUM % Change": "0.16%"}, {"Ticker": "XLY", "Name": "Consumer Discretionary Select Sector SPDR Fund", "Net Flows ($, mm)": "396.62", "AUM ($, mm)": "20,822.89", "AUM % Change": "1.90%"}, {"Ticker": "IYR", "Name": "iShares U.S. Real Estate ETF", "Net Flows ($, mm)": "370.51", "AUM ($, mm)": "4,249.66", "AUM % Change": "8.72%"}, {"Ticker": "MDYG", "Name": "SPDR S&P 400 Mid Cap Growth ETF", "Net Flows ($, mm)": "314.15", "AUM ($, mm)": "2,839.91", "AUM % Change": "11.06%"}, {"Ticker": "KBE", "Name": "SPDR S&P Bank ETF", "Net Flows ($, mm)": "306.95", "AUM ($, mm)": "1,744.01", "AUM % Change": "17.60%"}, {"Ticker": "IBB", "Name": "iShares Biotechnology ETF", "Net Flows ($, mm)": "247.16", "AUM ($, mm)": "7,964.11", "AUM % Change": "3.10%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Net Flows ($, mm)": "-773.46", "AUM ($, mm)": "375,159.98", "AUM % Change": "-0.21%"}, {"Ticker": "JANW", "Name": "AllianzIM U.S. Large Cap Buffer20 Jan ETF", "Net Flows ($, mm)": "-405.43", "AUM ($, mm)": "405.43", "AUM % Change": "-100.00%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Net Flows ($, mm)": "-366.75", "AUM ($, mm)": "61,746.27", "AUM % Change": "-0.59%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-332.54", "AUM ($, mm)": "25,373.95", "AUM % Change": "-1.31%"}, {"Ticker": "GLD", "Name": "SPDR Gold Trust", "Net Flows ($, mm)": "-276.72", "AUM ($, mm)": "56,074.72", "AUM % Change": "-0.49%"}, {"Ticker": "XLK", "Name": "Technology Select Sector SPDR Fund", "Net Flows ($, mm)": "-256.89", "AUM ($, mm)": "63,514.36", "AUM % Change": "-0.40%"}, {"Ticker": "XLI", "Name": "Industrial Select Sector SPDR Fund", "Net Flows ($, mm)": "-217.71", "AUM ($, mm)": "17,202.07", "AUM % Change **Last 60 Days of Bitcoin's Closing Prices:** [46970.50, 46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-08 **Financial & Commodity Data:** - Gold Closing Price: $2178.60 - Crude Oil Closing Price: $78.01 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,317,687,723,100 - Hash Rate: 607463925.659525 - Transaction Count: 426928.0 - Unique Addresses: 716770.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.81 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Carson Group’s decision to limit financial advisor and investor access to four of the 10 new spot bitcoin ETFs is described by one of the biggest cryptocurrency proponents as a responsible strategy in light of the funds' brief track record and inherent risks. “This is a common approach among RIAs, and a smart one,” said Ric Edelman, founder of the Digital Assets Council of Financial Professionals. Carson Group, a $30 billion mega registered investment advisory firm based in Omaha, Nebraska, narrowed the list of spot bitcoin ETFs for use by the firm’s advisors by weighing asset growth, trading volume and fees. Those four funds are the $6.5 billioniShares Bitcoin Trust ETF (IBIT);the $4.76 billionFidelity Wise Origin Bitcoin ETF (FBTC); the $1.18 billionBitwise Bitcoin ETF (BITB),and the $100.6 millionFranklin Bitcoin ETF (EZBC). Grant Engelbart, vice president and investment strategist at Carson Group, said in an interview the narrowed list was approved by an “internal due diligence committee,” and that the decision was based on “a variety of metrics such as institutional adoption, ETF specific characteristics such as assets, expenses, trading characteristics, and firm history in the digital asset space.” Merit Financial Advisors, an Alpharetta, Georgia-based RIA managing $10 billion, is also taking a cautious approach to the new spot bitcoin ETFs. Merit chief investment officer Brian Andrew said they are following the lead of LPL, the nation’s largest independent broker-dealer. "We are limiting purchases to the same products available on LPL,” Andrew said. “They currently are only allowing Grayscale funds. We are in the process of building a policy that will open up the number of funds available based on their volume, ability to track the spot rate and cost.” In the immediate wake of the Jan. 11 launch of the spot bitcoin ETFs a number of major brokerage platformsrefused or restricted access, including Vanguard Group, Citigroup Inc., Bank of America Corp’s Merrill Lynch, State Street Corp., UBS Group AG and Edward Jones. Edelman said there are multiple reasons to limit access to the list of spot bitcoin ETFs that all launched on the same day last month. “It’s more manageable for the practice and shows clients that you’re being both thoughtful and helpful,” he said. “Your due diligence process has done the work for them; improving your value-add to clients. No RIA makes every S&P 500 index fund available for use and there’s no reason to let advisors use all of the spot bitcoin ETFs, either.” Permalink| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): [['u/Tayvu', 'Wtb Szabo Onyx!', 14, '2024-03-08 00:49', 'https://www.reddit.com/r/Currencytradingcards/comments/1b996qq/wtb_szabo_onyx/', 'Starting my offer at $1,500 for it Venmo or btc if someone gets it\n\nAlso interested in golds and sapphires, pm me if you’re selling and maybe we can make a deal 🙏', 'https://www.reddit.com/r/Currencytradingcards/comments/1b996qq/wtb_szabo_onyx/', '1b996qq', [['u/TheModernSkater', 10, '2024-03-08 01:30', 'https://www.reddit.com/r/Currencytradingcards/comments/1b996qq/wtb_szabo_onyx/ktufxcn/', 'I got 2,000 Zimbabwe dollars... I hear those are hot right now 🤣', '1b996qq']]], ['u/tubbybuzz', 'Very excited about this run', 58, '2024-03-08 01:33', 'https://www.reddit.com/r/Currencytradingcards/comments/1b9a2l6/very_excited_about_this_run/', 'I purchased Bitcoin cards with Bitcoin. Thank you Inness ❤️. I expected getting here to be way harder.\n\nLook pretty good together eh!', 'https://www.reddit.com/gallery/1b9a2l6', '1b9a2l6', [['u/tubbybuzz', 14, '2024-03-08 01:34', 'https://www.reddit.com/r/Currencytradingcards/comments/1b9a2l6/very_excited_about_this_run/ktugiyl/', 'Looking for Gold 👀👀👀', '1b9a2l6'], ['u/1redrumemag87', 10, '2024-03-08 01:36', 'https://www.reddit.com/r/Currencytradingcards/comments/1b9a2l6/very_excited_about_this_run/ktugsar/', 'Nice my man! Where that gold at?', '1b9a2l6']]], ['u/NightFran1', 'DRAGOON GOT HACKED, ALL HIS VIDEOS ARE GONE', 49, '2024-03-08 01:51', 'https://www.reddit.com/r/CookieClicker/comments/1b9ahdd/dragoon_got_hacked_all_his_videos_are_gone/', 'Report dragoons yt account it now ran by Bitcoin scammers and dont click on any links. We will get this man back.', 'https://www.reddit.com/r/CookieClicker/comments/1b9ahdd/dragoon_got_hacked_all_his_videos_are_gone/', '1b9ahdd', [['u/Glitchy69420', 18, '2024-03-08 02:09', 'https://www.reddit.com/r/CookieClicker/comments/1b9ahdd/dragoon_got_hacked_all_his_videos_are_gone/ktulu86/', 'How the hell did this happen?! I just my feed and see that I’m subscribed to this channel thinking when I subscribed then I checked the community tab and instantly saw it was Dragoon', '1b9ahdd'], ['u/BetaAdd2000', 10, '2024-03-08 02:48', 'https://www.reddit.com/r/CookieClicker/comments/1b9ahdd/dragoon_got_hacked_all_his_videos_are_gone/kturvo6/', 'I just saw his account seemingly vanish and see MicroStrategy US instead. I thought it was a recommendation bug, but yes his Community Posts prove that it was Dragoon. WE NEED DRAGOON BACK', '1b9ahdd']]], ['u/Due-Albatross-2253', 'Taking profit', 19, '2024-03-08 01:56', 'https://www.reddit.com/r/algorand/comments/1b9al7o/taking_profit/', 'This is just a reminder that if your on chain when you take profit consider reinvesting it.\n\nI recently took my algos that were piling up from incentives and cashed them in on this recent pump.\n\nI converted them into the USDC/ALGO and BTC/ALGO LP.\n\nThis is a great way to take some profit and help liquidity on the chain. Folks also has some strong apy on some stable assets.\n\nLocking in the profits and getting a yield for it is a win win for you and the chain.', 'https://www.reddit.com/r/algorand/comments/1b9al7o/taking_profit/', '1b9al7o', [['u/Certain_Cranberry_77', 28, '2024-03-08 02:16', 'https://www.reddit.com/r/algorand/comments/1b9al7o/taking_profit/ktumw6s/', 'Its like breaking up with your GF but you can still have sex with her once a week. I like it.', '1b9al7o'], ['u/Background-Ad-2102', 18, '2024-03-08 02:25', 'https://www.reddit.com/r/algorand/comments/1b9al7o/taking_profit/ktuo94c/', 'Who’s taking profits before we’ve even stepped into the rocket ship? The moon is still thousands of miles away. We haven’t even started ignition.', '1b9al7o']]], ['u/TopRT2', "Seeing some unrealistic hopum as usual. Here's my take, someone who's balls deep in HBAR and actually believe.", 40, '2024-03-08 01:58', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/', 'That dude that has 1M+ hbar predicted $2-$5 minimum this cycle. That\'s cute and all, but here\'s my realistic take. \n\nI\'ve personally invested $550k usd total at 15c average, so I\'m not just a talker, I put my money where my mouth is.\n\nHbar ain\'t gonna "moon" at all this cycle, other than the usual pumps following btc. Maybe ~20-25c max this cycle. Bearish prediction? Not even, it\'s realistic. Hbar\'s "moon" will only happen when the masses know about it. The masses will know about it ONLY when piles of real world use cases pop up that\'s too big to ignore, and that will NOT happen this cycle. Moon is sometime within a decade away, hopefully the next bull cycle after this coming bull cycle.\n\nWhich is fine by me because, so long as you have conviction in your investment, you don\'t give a shit how long it takes, you know the moon will come eventually, and you\'ll be there to capitalize on it. Patience is what leads to success in crypto, speaking from experience.', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/', '1b9amgc', [['u/GoSabo', 16, '2024-03-08 02:07', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktulkvt/', 'Fully agree. But, it’s prudent to keep bag totals confidential.', '1b9amgc'], ['u/freshprinceofbelmont', 37, '2024-03-08 02:08', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktulnnp/', '![gif](giphy|3oz8xLd9DJq2l2VFtu)', '1b9amgc'], ['u/Usual_Extension_7139', 10, '2024-03-08 02:14', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktumjjs/', "If hbar can hit 37 cents it has a real shot of hitting 48 ish cents before any real resistance. I'm guessing 46 cents is the top this cycle. I also don't expect it to crash back down to anything lower than 36 if we hit another bear.", '1b9amgc'], ['u/SupeRFasTTurtlE2', 20, '2024-03-08 02:33', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktupg98/', 'Thing is though, there’s genz involved in HBar and if there’s something they know how to do is use social media to promote their passion(coin). One thing Hedera has stayed away from is advertising, another bull market could generate more advertising. The utility promotes itself, just need eyes to look..', '1b9amgc'], ['u/Expensive-Egg-1561', 10, '2024-03-08 02:44', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktur9uj/', 'Agree with this sentiment.\n\nBeen on this sub for a few years now. Every time the price jumps 10% in a few days, people get on here and start predicting 3000% increases. \n\n30c optimistic target this bull run.', '1b9amgc'], ['u/MD11X6', 40, '2024-03-08 02:50', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktus4uk/', 'So you missed ADA going from 2c to $3.50+ last cycle? Sorry, but if ADA can do that, anything can.', '1b9amgc'], ['u/RangeSea7591', 15, '2024-03-08 04:04', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktv3az3/', "Why do people keeping bringing up outlier cases? It's the exception not the norm.\n\nMy high school friend won the lottery which set her up for life, should I have gone out and purchased a ticket too?", '1b9amgc'], ['u/Shadrock50', 12, '2024-03-08 05:23', 'https://www.reddit.com/r/Hedera/comments/1b9amgc/seeing_some_unrealistic_hopum_as_usual_heres_my/ktveotm/', 'You predict a 2x from here to the market cycle top? If thats the case, why are you in hbar? Just buy btc.', '1b9amgc']]], ['u/thetimsterr', "Worried about buying the top? Don't Be.", 220, '2024-03-08 02:33', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/', 'To those "worried" about buying the top...I want to give you some context to show just how low $67k is in the grand scheme of things. \n\nTotal U.S. 401(k) balances stand at around [$6.9T as of 09/30/23](https://www.ici.org/statistical-report/ret_23_q3#:%7E:text=Retirement%20Assets%20Total%20%2435.7%20Trillion,percent%20from%20June%2030%2C%202023.).\n\nIf just 1% of those balances get allocated to Bitcoin, that would be $69B in inflows.\n\nBitcoin ETFs launched in early January of this year as we all know. Since their launch, there have been [net inflows of $7.5B](https://cointelegraph.com/news/bitcoin-etf-inflows-hit-562-million).\n\nSince ETF inception, Bitcoin\'s price has increased from $46k to $67k. Using 19.5M coins as our basis (with 1.5M more to be mined and ignoring lost coins), that translates into a market cap increase of $409B ($897M to $1.3B). $409B / $7.5B inflows = multiplier of 54.6 for each $1B of inflows. \n\n$69B of 401(k) inflows would result in $69B x 54.6 = $3.7T (yes Trillion) increase in market cap.\n\nThat would put Bitcoin\'s total market cap at $1.3T present + $3.7T = $5T, making a new price of $5T / 19.5M coins = **~$256,000 per coin.**\n\nThis is JUST allocating 1% of 401(k) balances. *There are also pension funds, IRAs, and other retirement accounts.* Total U.S. retirement balances were [$35.7T as of 09/30/23](https://www.ici.org/statistical-report/ret_23_q3#:~:text=Retirement%20Assets%20Total%20%2435.7%20Trillion,percent%20from%20June%2030%2C%202023.).\n\nIf you were to allocate just 1% of all retirement balances, the price of one Bitcoin hits **$1M** using the same math described above.\n\nInsane. You are not late. **You are early.**', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/', '1b9bf7y', [['u/speedingmedicine', 68, '2024-03-08 02:38', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktuqaz4/', "Don't forget MSTR possibly being listed on the S&P500", '1b9bf7y'], ['u/SubstantialActive431', 11, '2024-03-08 03:13', 'https://www.reddit.com/r/Bitcoin/comments/1b9bf7y/worried_about_buying_the_top_dont_be/ktuvl... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Amsterdam,Netherlands, March 08, 2024 (GLOBE NEWSWIRE) -- This press release, represented by based Brett, marks a significant announcement in the world of cryptocurrency. Crypto has surged back into the spotlight, captivating families worldwide and dominating dinner table conversations. With Bitcoin smashing through all-time highs, ETF approvals flooding in, and notable gains leaving even seasoned Blackrock managers astonished, the excitement is palpable.\nThe big exchanges are no exception when it comes to finding a position. Coinbase, the leading regulatory exchange in crypto, rolled out Basechain in 2023 and earlier this week announced their new smart wallet and ambitions to onboard over one billion users on chain.\nNaturally retail has flocked back to the game, especially to well-known memecoin leaders like DOGE, SHIBA, WIF, PEPE, and FLOKI. All listed on Binance, all performing well this run.\nAs one of the giants of crypto, speculation on what name will lead the Coinbase’s Basechain has been strong so far this March with BRETT, a meme created by Matt Furie - the same designer as PEPE - due to its resonance with the ‘crypto degen culture’. Any doubters of that culture need to look no further than PEPE to see its power.\nPEPE has recently gone from 300M to 3.5BN, WIF 200M to 3BN with a Binance listing.\nThe untapped potential for a meme leader on Basechain is beaming with BRETT hitting 200M this first week of March. First leader + new chain is a potential recipe for another name to be added to the list of meme legends of the crypto space. Traders and retail have begun speculating that BRETT could make a similar move to PEPE and WIF and legacy markets and institutional money doesn’t seem to disagree—plenty of volume for all.\nCheck out BRETT at:\nTg:https://t.me/basedbrettX:https://twitter.com/basedbrettWebsite:https://www.basedbrett.com/\nDisclaimer:The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency & securities.\nCONTACT: Eray Alkan brettonbase at protonmail.com', 'Top 10 Creations (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "1,401.77", "AUM ($, mm)": "501,724.02", "AUM % Change": "0.28%"}, {"Ticker": "BOTZ", "Name": "Global X Robotics & Artificial Intelligence ETF", "Net Flows ($, mm)": "554.19", "AUM ($, mm)": "3,334.85", "AUM % Change": "16.62%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "435.21", "AUM ($, mm)": "419,669.71", "AUM % Change": "0.10%"}, {"Ticker": "SOXL", "Name": "Direxion Daily Semiconductor Bull 3X Shares", "Net Flows ($, mm)": "394.20", "AUM ($, mm)": "10,947.09", "AUM % Change": "3.60%"}, {"Ticker": "BND", "Name": "Vanguard Total Bond Market ETF", "Net Flows ($, mm)": "384.99", "AUM ($, mm)": "105,489.48", "AUM % Change": "0.36%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "380.25", "AUM ($, mm)": "34,863.22", "AUM % Change": "1.09%"}, {"Ticker": "IJH", "Name": "iShares Core S&P Mid-Cap ETF", "Net Flows ($, mm)": "370.05", "AUM ($, mm)": "82,265.33", "AUM % Change": "0.45%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "281.65", "AUM ($, mm)": "12,597.85", "AUM % Change": "2.24%"}, {"Ticker": "IWF", "Name": "iShares Russell 1000 Growth ETF", "Net Flows ($, mm)": "264.03", "AUM ($, mm)": "87,806.77", "AUM % Change": "0.30%"}, {"Ticker": "KRE", "Name": "SPDR S&P Regional Banking ETF", "Net Flows ($, mm)": "227.40", "AUM ($, mm)": "3,000.87", "AUM % Change": "7.58%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "XLY", "Name": "Consumer Discretionary Select Sector SPDR Fund", "Net Flows ($, mm)": "-682.64", "AUM ($, mm)": "20,066.67", "AUM % Change": "-3.40%"}, {"Ticker": "SOXX", "Name": "iShares Semiconductor ETF", "Net Flows ($, mm)": "-404.20", "AUM ($, mm)": "12,724.62", "AUM % Change": "-3.18%"}, {"Ticker": "IVW", "Name": "iShares S&P 500 Growth ETF", "Net Flows ($, mm)": "-396.09", "AUM ($, mm)": "38,024.74", "AUM % Change": "-1.04%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "-285.26", "AUM ($, mm)": "253,682.45", "AUM % Change": "-0.11%"}, {"Ticker": "IWD", "Name": "iShares Russell 1000 Value ETF", "Net Flows ($, mm)": "-277.06", "AUM ($, mm)": "53,948.20", "AUM % Change": "-0.51%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-276.14", "AUM ($, mm)": "27,238.33", "AUM % Change": "-1.01%"}, {"Ticker": "VUSB", "Name": "Vanguard Ultra-Short Bond ETF", "Net Flows ($, mm)": "-182.71", "AUM ($, mm)": "4,219.52", "AUM % Change": "-4.33%"}, {"Ticker": "VBR", "Name": "Vanguard Small-Cap Value ETF", "Net Flows ($, mm)": "-170.39", "AUM ($, mm)": "27,686.53", "AUM % Change": "-0.62%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "-153.67", "AUM ($, mm)": "447,332.45", "AUM % Change": "-0.03%"}, {"Ticker": "JANT", "Name": "AllianzIM U.S. Large Cap Buffer10 Jan ETF", "Net Flows ($, mm)": "-127.25", "AUM ($, mm)": "120.76", "AUM % Change": "-105.37%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "-14.35", "AUM ($, mm)": "7,022.68", "% of AUM": "-0.20%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "7.49", "AUM ($, mm)": "17,526.88", "% of AUM": "0.04%"}, {"": "Commodities", "Net Flows ($, mm)": "-204.23", "AUM ($, mm)": "127,961.94", "% of AUM": "-0.16%"}, {"": "Currency", "Net Flows ($, mm)": "396.05", "AUM ($, mm)": "57,936.52", "% of AUM": "0.68%"}, {"": "International Equity", "Net Flows ($, mm)": "291.48", "AUM ($, mm)": "1,435,425.54", "% of AUM": "0.02%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "132.35", "AUM ($, mm)": "174,674.34", "% of AUM": "0.08%"}, {"": "Inverse", "Net Flows ($, mm)": "-289.40", "AUM ($, mm)": "13,578.84", "% of AUM": "-2.13%"}, {"": "Leveraged", "Net Flows ($, mm)": "566.24", "AUM ($, mm)": "92,863.06", "% of AUM": "0.61%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "2,440.24", "AUM ($, mm)": "5,320,583.10", "% of AUM": "0.05%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "1,838.92", "AUM ($, mm)": "1,379,726.37", "% of AUM": "0.13%"}, {"": "Total:", "Net Flows ($, mm)": "5,164.78", "AUM ($, mm)": "8,627,299.28", "% of AUM": "0.06%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'Toronto, Ontario--(Newsfile Corp. - March 8, 2024) - Bluesky Digital Assets Corp., (CSE: BTC) (OTCQB: BTCWF) ("Bluesky" or the "Corporation") announced today that it has changed its auditors from Raymond Chabot Grant Thorton LLP ("Former Auditor") to Kenway Mack Slusarchuck Stewart LLP ("Successor Auditor") effective March 8, 2024. At the request of the Corporation, the Former Auditor resigned as the auditor of the Company effective March 8, 2024 and the Board of Directors of the Corporation appointed the Successor Auditor as the Corporation\'s auditor effective March 8, 2024, until the next Annual General Meeting of the Corporation.\nThere were no reservations in the Former Auditor\'s audit reports for any financial period during which the Former Auditor was the Corporation\'s auditor. There are no "reportable events" (as the term is defined in National Instrument 51-102 - Continuous Disclosure Obligations ("NI 51-102") between the Corporation and the Former Auditor. In accordance with NI 51-102, the notice of change of auditor, together with the required letters from the Former Auditor and the Successor Auditor, have been reviewed by the Board of Directors of the Corporation and filed on SEDAR+ atwww.sedarplus.ca.\nThe Board of Directors would like to thank the Former Auditor for their past work and efforts.\nThe Corporation further announced today that it has settled a combined total of $400,000 CAD in debt via the issuance of 8,000,000 Common Shares at a price of $0.05 CAD per Common Share. and an additional $21,129 CAD in debt was settled via the issuance of 813,600 Common Shares at a price of $0.03 CAD per Common Share. All Common Shares issued in the debt settlement are subject to a four month plus 1 day hold period. The issuance of the Common Shares will not result in a change of control of the Corporation.\nAbout Bluesky Digital Assets Corp.\nBluesky Digital Assets Corp, has created a high value digital enterprise at the intersection of Artificial Intelligence, Blockchain and Web3 business solutions. Leveraging its success as an early adopter providing proprietary technology solutions, Bluesky has invested in its Roadmap. Bluesky\'s platform, BlueskyINTEL, is well positioned to leverage the current exponential growth of Artificial Intelligence ("AI") and Blockchain based technologies through a tightly focus built collaborative platform. This innovative web platform offering supports and better enables businesses to adopt and utilize these emerging and developing technologies.\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 CorpT: (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 caut **Last 60 Days of Bitcoin's Closing Prices:** [46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-09 **Financial & Commodity Data:** - Gold Closing Price: $2178.60 - Crude Oil Closing Price: $78.01 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,337,506,579,125 - Hash Rate: 642965064.1720946 - Transaction Count: 359029.0 - Unique Addresses: 632927.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.84 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: MicroStrategy Incorporated (NASDAQ:MSTR) Q4 2023 Earnings Call Transcript February 6, 2024 MicroStrategy Incorporated isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Shirish Jajodia:Hello, everyone, and good evening. I'm Shirish Jajodia, Vice President of Investor Relations and Treasury at MicroStrategy. I'll be your moderator for MicroStrategy's 2023 Fourth Quarter Earnings Webinar. Before we proceed, I will read the Safe Harbor statement. Some of the information we provide during today's call regarding our future expectations, plans and prospects may constitute forward-looking statements. Actual results may differ materially from these forward-looking statements due to various important factors, including the risk factors discussed in our most recent 10-Q filed with the SEC. We assume no obligation to update these forward-looking statements, which speak only as of today. Also, during today's call, we will refer to certain non-GAAP financial measures. Reconciliations showing GAAP versus non-GAAP results are available in our earnings release and presentation, which were issued today and are available on our website at microstrategy.com. I would like to welcome you all to today's webinar and let you know that we will be taking questions using the Q&A feature at the bottom of your screen. You can submit questions throughout the webinar, and Michael, Phong or Andrew will answer questions at the end of the session. Please be sure to provide your name and your company's name when submitting your questions. Now, I will walk you through the agenda for today's call. First, Phong Le will cover the business results and the key pillars of our business strategy. Second, Andrew Kang will cover the financial results for the fourth quarter and full year of 2023. Then Michael Saylor will provide a strategic review and discuss recent bitcoin market updates. And lastly, we will open up to Q&A. With that, I will turn the call over to Phong Le, President and CEO of MicroStrategy. Phong Le:Thank you, Shirish. Hello, everyone. I'd like to welcome all of you to today's webinar. I want to start by providing an update on the state of the company and achievements over the past year. Today, MicroStrategy is the largest corporate holder of bitcoin in the world, holding 190,000 bitcoins with a total bitcoin market value of $8.1 billion as of yesterday. In 2023, we acquired 56,650 bitcoins for a total purchase cost of $1.9 billion, an average price of $33,580. In 2024 so far, we've acquired an additional 850 bitcoins for a total purchase cost of $37 million. Over the past year, we've seen bitcoin mature further as an institutional-grade asset class with broader regulatory recognition and institutional adoption. We remain highly committed to our Bitcoin strategy with a long-term focus. Andrew will provide further details on our Bitcoin purchase activity for this quarter later. MicroStrategy is also positioned as the world's largest independent publicly traded business intelligence company. Our objective is to grow in AI and cloud-powered BI software. We have over 1,900 employees focused on our software business, devoted to achieving our vision of intelligence everywhere. The past year has marked the most transformative in our 25-year history of being a public company as we released MicroStrategy ONE, MicroStrategy AI, MicroStrategy Cloud for Azure, AWS, and now the Google Cloud platform and continue to focus on growth in both cloud and AI plus BI. In 2023, we made important progress in our shift towards our cloud offering resulting in annual subscription services revenue of $81.2 million, an increase of 34% year-over-year. See also20 Best Small Towns in Florida to Retireand15 Reasons Why Millionaires Think They’re Middle Class. To continue reading the Q&A session, pleaseclick here.... - Reddit Posts (Sample): [['u/DivideDistinct9539', 'My father who was skeptical of bitcoin is angry he didn’t put his yearly bonus in bitcoin back in 2019 ', 903, '2024-03-09 00:43', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/', 'Years ago, I tried to talk my dad into putting money into Bitcoin and explaining it to him. He said it was a scam, so I respected his response and left it at that. Well, now that Bitcoin hit 69k, he came home today and asked if any of us had money in Bitcoin. We asked why, and he said, “It’s at 69k,” and now he’s angry he didn’t put his 2019 bonus into it because if he had, he would have made 500k in profit. He said, “I could have retired.” Now he’s pretty upset. I couldn’t help but say, “I told you so,” which I’m sure was annoying. I really wish he had put money into Bitcoin; he deserves to retire. He’s worked so hard his entire adult life to support his family and provide for us. Don’t make the mistake my dad made. Buy and hold. ', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/', '1ba345d', [['u/watchingbigbrother63', 69, '2024-03-09 00:47', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ktztjxx/', "Bitcoin still has a very long way to go. Tell your dad it's not too late.", '1ba345d'], ['u/Itchy-File-8205', 203, '2024-03-09 01:19', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ktzybzt/', "Angry is a bad thing. It means he's an emotional investor and would have sold low or for a loss.\n\nNo sympathy", '1ba345d'], ['u/2LostFlamingos', 26, '2024-03-09 01:20', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ktzyl3d/', 'Second best time to buy is today. \n\nHe can retire next year.', '1ba345d'], ['u/F_uckthe925life', 10, '2024-03-09 01:36', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku00y5p/', "I tried the same with mine back when Bitcoin was 16k he said he was ok he didn't want to buy any. Now at 69k he said he may buy some. \n\nSee it alot, everyone laughs at us when it's low when we're telling them to buy after so much research. But when they see us make money they want to jump on the moving train 😂", '1ba345d'], ['u/Sandcracka-', 16, '2024-03-09 01:38', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku01au3/', "If the price never goes back down and he doesn't buy then you are giving bad advice", '1ba345d'], ['u/organicgrower420', 374, '2024-03-09 02:08', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku05na0/', 'Woulda coulda shoulda', '1ba345d'], ['u/millionmilegoals', 109, '2024-03-09 02:16', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku06tjz/', 'So what did he do with his bonus?\n\nIf he had put it into tech stocks or at the very least the S&P 500 he would’ve done okay too.\n\nI suspect this is one of those things that he wished he should have invested but spent his bonus on a new boat or something and have hindsight regret.', '1ba345d'], ['u/Equal_Classroom_4707', 16, '2024-03-09 02:19', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku07cgu/', 'This is so delusional.', '1ba345d'], ['u/NoElection2224', 42, '2024-03-09 02:22', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku07oar/', 'Anyone who has been in the investment world for some time, not just with Bitcoin, knows that beginners will always have regrets. There are basically four types of regret:\n\n1- Not buying an asset and then after some time it appreciates: I will regret not having bought it.\n2- Buying an asset and then after some time it appreciates: I will regret not having bought more.\n3- Buying an asset and then after some time it depreciates: I will regret having bought it.\n4- Selling an asset and then after some time it appreciates: I will regret having sold it.\n\nThis is a natural passage in the life of every investor, and over time they learn to master this more emotional side.', '1ba345d'], ['u/IArgueWithIdiots', 35, '2024-03-09 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku08yl5/', "If he hasn't bought any yet, it hasn't clicked for him.\xa0 He'd probably just panic sell next time it drops.", '1ba345d'], ['u/Hank___Scorpio', 24, '2024-03-09 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku090ic/', "No one cares about the things we didn't do.", '1ba345d'], ['u/Kurupt-FM-1089', 1750, '2024-03-09 02:42', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0alyw/', 'Let’s be real, he wouldn’t sold at the first dip and then blamed you forever.', '1ba345d'], ['u/H_Bowman', 22, '2024-03-09 02:44', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0awma/', "People like this piss me off. I'm guessing he'll refrain from buying now too and will say the same thing in another 4 years 🤮", '1ba345d'], ['u/SpicyHashira', 11, '2024-03-09 02:57', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0crdm/', 'Agreed. I guarantee he would have sold for a loss if he’s getting emotional. Sounds like paper hands to me', '1ba345d'], ['u/shit_master', 18, '2024-03-09 03:07', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0eagt/', "but didn't, so whatever", '1ba345d'], ['u/RealCheyemos', 11, '2024-03-09 03:20', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0g87o/', 'I think those of us in the west have a privileged way of thinking about finances; we don’t see the endless inflation like some of these Third World countries do, plus we’re really used to having private property, rights and freedom of speech, and all of these western freedoms that we take for granted… A lot of that doesn’t existin other countries, actually, a lot of countries…', '1ba345d'], ['u/parkranger2000', 168, '2024-03-09 03:24', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0gozk/', 'Dad doesn’t know shit about BTC and no chance he would e held thru bear market. Son woulda been blamed for losses. This kind of thinking is dumb', '1ba345d'], ['u/Im_so_little', 48, '2024-03-09 03:40', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0j000/', 'He won\'t do it again either when BTC drops again. He\'ll say some shit like "I knew it was worthless" but the floor in the next bear will be 45k or some shit.', '1ba345d'], ['u/Hospitaliter', 32, '2024-03-09 03:48', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0k4zm/', 'My wife does', '1ba345d'], ['u/slugur', 17, '2024-03-09 03:51', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0kks9/', "He would've panic sold at 4k like a paper boy. I hate when people just look at today's price and think they would've held through multiple bear cycles.", '1ba345d'], ['u/NevaGonnaCatchMe', 19, '2024-03-09 03:53', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0kvol/', 'Exactly. This isn’t exclusive to Bitcoin. I considered putting a signing bonus into Tesla in 2013. I sold AMC for a small gain in 2021…blah blah blah\n\nWelcome to investing “dad”', '1ba345d'], ['u/KaydeeKaine', 10, '2024-03-09 04:01', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0m0cx/', 'Probably pre halving dump', '1ba345d'], ['u/GreenStretch', 47, '2024-03-09 04:34', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0qk0t/', "He didn't tell OP, but hookers & blow.", '1ba345d'], ['u/Awkward_Potential_', 11, '2024-03-09 04:43', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0rq2x/', 'Guaranteed he\'s saying he\'s "too late" to it now. So basically, he wants to get rich with no knowledge or insight and wants to do it in a short amount of time with a small amount of money. Lol', '1ba345d'], ['u/watchingbigbrother63', 10, '2024-03-09 04:52', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0t165/', 'Until the price passes $220k.', '1ba345d'], ['u/peekdasneaks', 10, '2024-03-09 04:53', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0t3rp/', 'After this cycle I’ll buy more if it drops to 69. I’ve played the previous ath every time and it has been like clockwork', '1ba345d'], ['u/FirstTimeRedditor100', 35, '2024-03-09 04:58', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0tuoe/', "If his bonus was enough to have made $500K profit since 2019, he must have had an enormous bonus. Which also means he must make a fuckton of money so I don't feel bad at all.", '1ba345d'], ['u/Ahchingchongpeng', 12, '2024-03-09 05:11', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0viql/', 'The only difference is institutions are in now so we don’t know if it will go that low during the next bear .', '1ba345d'], ['u/papa_autist', 373, '2024-03-09 05:28', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0xokh/', 'This is the correct answer.', '1ba345d'], ['u/Dub_City204', 102, '2024-03-09 06:10... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77
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:** ['Amsterdam,Netherlands, March 08, 2024 (GLOBE NEWSWIRE) -- This press release, represented by based Brett, marks a significant announcement in the world of cryptocurrency. Crypto has surged back into the spotlight, captivating families worldwide and dominating dinner table conversations. With Bitcoin smashing through all-time highs, ETF approvals flooding in, and notable gains leaving even seasoned Blackrock managers astonished, the excitement is palpable.\nThe big exchanges are no exception when it comes to finding a position. Coinbase, the leading regulatory exchange in crypto, rolled out Basechain in 2023 and earlier this week announced their new smart wallet and ambitions to onboard over one billion users on chain.\nNaturally retail has flocked back to the game, especially to well-known memecoin leaders like DOGE, SHIBA, WIF, PEPE, and FLOKI. All listed on Binance, all performing well this run.\nAs one of the giants of crypto, speculation on what name will lead the Coinbase’s Basechain has been strong so far this March with BRETT, a meme created by Matt Furie - the same designer as PEPE - due to its resonance with the ‘crypto degen culture’. Any doubters of that culture need to look no further than PEPE to see its power.\nPEPE has recently gone from 300M to 3.5BN, WIF 200M to 3BN with a Binance listing.\nThe untapped potential for a meme leader on Basechain is beaming with BRETT hitting 200M this first week of March. First leader + new chain is a potential recipe for another name to be added to the list of meme legends of the crypto space. Traders and retail have begun speculating that BRETT could make a similar move to PEPE and WIF and legacy markets and institutional money doesn’t seem to disagree—plenty of volume for all.\nCheck out BRETT at:\nTg:https://t.me/basedbrettX:https://twitter.com/basedbrettWebsite:https://www.basedbrett.com/\nDisclaimer:The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency & securities.\nCONTACT: Eray Alkan brettonbase at protonmail.com', 'Top 10 Creations (All ETFs)\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Net Flows ($, mm)": "1,401.77", "AUM ($, mm)": "501,724.02", "AUM % Change": "0.28%"}, {"Ticker": "BOTZ", "Name": "Global X Robotics & Artificial Intelligence ETF", "Net Flows ($, mm)": "554.19", "AUM ($, mm)": "3,334.85", "AUM % Change": "16.62%"}, {"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Net Flows ($, mm)": "435.21", "AUM ($, mm)": "419,669.71", "AUM % Change": "0.10%"}, {"Ticker": "SOXL", "Name": "Direxion Daily Semiconductor Bull 3X Shares", "Net Flows ($, mm)": "394.20", "AUM ($, mm)": "10,947.09", "AUM % Change": "3.60%"}, {"Ticker": "BND", "Name": "Vanguard Total Bond Market ETF", "Net Flows ($, mm)": "384.99", "AUM ($, mm)": "105,489.48", "AUM % Change": "0.36%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Net Flows ($, mm)": "380.25", "AUM ($, mm)": "34,863.22", "AUM % Change": "1.09%"}, {"Ticker": "IJH", "Name": "iShares Core S&P Mid-Cap ETF", "Net Flows ($, mm)": "370.05", "AUM ($, mm)": "82,265.33", "AUM % Change": "0.45%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Net Flows ($, mm)": "281.65", "AUM ($, mm)": "12,597.85", "AUM % Change": "2.24%"}, {"Ticker": "IWF", "Name": "iShares Russell 1000 Growth ETF", "Net Flows ($, mm)": "264.03", "AUM ($, mm)": "87,806.77", "AUM % Change": "0.30%"}, {"Ticker": "KRE", "Name": "SPDR S&P Regional Banking ETF", "Net Flows ($, mm)": "227.40", "AUM ($, mm)": "3,000.87", "AUM % Change": "7.58%"}]\nTop 10 Redemptions (All ETFs)\n[{"Ticker": "XLY", "Name": "Consumer Discretionary Select Sector SPDR Fund", "Net Flows ($, mm)": "-682.64", "AUM ($, mm)": "20,066.67", "AUM % Change": "-3.40%"}, {"Ticker": "SOXX", "Name": "iShares Semiconductor ETF", "Net Flows ($, mm)": "-404.20", "AUM ($, mm)": "12,724.62", "AUM % Change": "-3.18%"}, {"Ticker": "IVW", "Name": "iShares S&P 500 Growth ETF", "Net Flows ($, mm)": "-396.09", "AUM ($, mm)": "38,024.74", "AUM % Change": "-1.04%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Net Flows ($, mm)": "-285.26", "AUM ($, mm)": "253,682.45", "AUM % Change": "-0.11%"}, {"Ticker": "IWD", "Name": "iShares Russell 1000 Value ETF", "Net Flows ($, mm)": "-277.06", "AUM ($, mm)": "53,948.20", "AUM % Change": "-0.51%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Net Flows ($, mm)": "-276.14", "AUM ($, mm)": "27,238.33", "AUM % Change": "-1.01%"}, {"Ticker": "VUSB", "Name": "Vanguard Ultra-Short Bond ETF", "Net Flows ($, mm)": "-182.71", "AUM ($, mm)": "4,219.52", "AUM % Change": "-4.33%"}, {"Ticker": "VBR", "Name": "Vanguard Small-Cap Value ETF", "Net Flows ($, mm)": "-170.39", "AUM ($, mm)": "27,686.53", "AUM % Change": "-0.62%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Net Flows ($, mm)": "-153.67", "AUM ($, mm)": "447,332.45", "AUM % Change": "-0.03%"}, {"Ticker": "JANT", "Name": "AllianzIM U.S. Large Cap Buffer10 Jan ETF", "Net Flows ($, mm)": "-127.25", "AUM ($, mm)": "120.76", "AUM % Change": "-105.37%"}]\nETF Daily Flows By Asset Class\n[{"": "Alternatives", "Net Flows ($, mm)": "-14.35", "AUM ($, mm)": "7,022.68", "% of AUM": "-0.20%"}, {"": "Asset Allocation", "Net Flows ($, mm)": "7.49", "AUM ($, mm)": "17,526.88", "% of AUM": "0.04%"}, {"": "Commodities", "Net Flows ($, mm)": "-204.23", "AUM ($, mm)": "127,961.94", "% of AUM": "-0.16%"}, {"": "Currency", "Net Flows ($, mm)": "396.05", "AUM ($, mm)": "57,936.52", "% of AUM": "0.68%"}, {"": "International Equity", "Net Flows ($, mm)": "291.48", "AUM ($, mm)": "1,435,425.54", "% of AUM": "0.02%"}, {"": "International Fixed Income", "Net Flows ($, mm)": "132.35", "AUM ($, mm)": "174,674.34", "% of AUM": "0.08%"}, {"": "Inverse", "Net Flows ($, mm)": "-289.40", "AUM ($, mm)": "13,578.84", "% of AUM": "-2.13%"}, {"": "Leveraged", "Net Flows ($, mm)": "566.24", "AUM ($, mm)": "92,863.06", "% of AUM": "0.61%"}, {"": "U.S. Equity", "Net Flows ($, mm)": "2,440.24", "AUM ($, mm)": "5,320,583.10", "% of AUM": "0.05%"}, {"": "U.S. Fixed Income", "Net Flows ($, mm)": "1,838.92", "AUM ($, mm)": "1,379,726.37", "% of AUM": "0.13%"}, {"": "Total:", "Net Flows ($, mm)": "5,164.78", "AUM ($, mm)": "8,627,299.28", "% of AUM": "0.06%"}]\nDisclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.\nPermalink| © Copyright 2024etf.com.All rights reserved', 'Toronto, Ontario--(Newsfile Corp. - March 8, 2024) - Bluesky Digital Assets Corp., (CSE: BTC) (OTCQB: BTCWF) ("Bluesky" or the "Corporation") announced today that it has changed its auditors from Raymond Chabot Grant Thorton LLP ("Former Auditor") to Kenway Mack Slusarchuck Stewart LLP ("Successor Auditor") effective March 8, 2024. At the request of the Corporation, the Former Auditor resigned as the auditor of the Company effective March 8, 2024 and the Board of Directors of the Corporation appointed the Successor Auditor as the Corporation\'s auditor effective March 8, 2024, until the next Annual General Meeting of the Corporation.\nThere were no reservations in the Former Auditor\'s audit reports for any financial period during which the Former Auditor was the Corporation\'s auditor. There are no "reportable events" (as the term is defined in National Instrument 51-102 - Continuous Disclosure Obligations ("NI 51-102") between the Corporation and the Former Auditor. In accordance with NI 51-102, the notice of change of auditor, together with the required letters from the Former Auditor and the Successor Auditor, have been reviewed by the Board of Directors of the Corporation and filed on SEDAR+ atwww.sedarplus.ca.\nThe Board of Directors would like to thank the Former Auditor for their past work and efforts.\nThe Corporation further announced today that it has settled a combined total of $400,000 CAD in debt via the issuance of 8,000,000 Common Shares at a price of $0.05 CAD per Common Share. and an additional $21,129 CAD in debt was settled via the issuance of 813,600 Common Shares at a price of $0.03 CAD per Common Share. All Common Shares issued in the debt settlement are subject to a four month plus 1 day hold period. The issuance of the Common Shares will not result in a change of control of the Corporation.\nAbout Bluesky Digital Assets Corp.\nBluesky Digital Assets Corp, has created a high value digital enterprise at the intersection of Artificial Intelligence, Blockchain and Web3 business solutions. Leveraging its success as an early adopter providing proprietary technology solutions, Bluesky has invested in its Roadmap. Bluesky\'s platform, BlueskyINTEL, is well positioned to leverage the current exponential growth of Artificial Intelligence ("AI") and Blockchain based technologies through a tightly focus built collaborative platform. This innovative web platform offering supports and better enables businesses to adopt and utilize these emerging and developing technologies.\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 CorpT: (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 caut **Last 60 Days of Bitcoin's Closing Prices:** [46139.73, 46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-09 **Financial & Commodity Data:** - Gold Closing Price: $2178.60 - Crude Oil Closing Price: $78.01 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,337,506,579,125 - Hash Rate: 642965064.1720946 - Transaction Count: 359029.0 - Unique Addresses: 632927.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.84 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: MicroStrategy Incorporated (NASDAQ:MSTR) Q4 2023 Earnings Call Transcript February 6, 2024 MicroStrategy Incorporated isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Shirish Jajodia:Hello, everyone, and good evening. I'm Shirish Jajodia, Vice President of Investor Relations and Treasury at MicroStrategy. I'll be your moderator for MicroStrategy's 2023 Fourth Quarter Earnings Webinar. Before we proceed, I will read the Safe Harbor statement. Some of the information we provide during today's call regarding our future expectations, plans and prospects may constitute forward-looking statements. Actual results may differ materially from these forward-looking statements due to various important factors, including the risk factors discussed in our most recent 10-Q filed with the SEC. We assume no obligation to update these forward-looking statements, which speak only as of today. Also, during today's call, we will refer to certain non-GAAP financial measures. Reconciliations showing GAAP versus non-GAAP results are available in our earnings release and presentation, which were issued today and are available on our website at microstrategy.com. I would like to welcome you all to today's webinar and let you know that we will be taking questions using the Q&A feature at the bottom of your screen. You can submit questions throughout the webinar, and Michael, Phong or Andrew will answer questions at the end of the session. Please be sure to provide your name and your company's name when submitting your questions. Now, I will walk you through the agenda for today's call. First, Phong Le will cover the business results and the key pillars of our business strategy. Second, Andrew Kang will cover the financial results for the fourth quarter and full year of 2023. Then Michael Saylor will provide a strategic review and discuss recent bitcoin market updates. And lastly, we will open up to Q&A. With that, I will turn the call over to Phong Le, President and CEO of MicroStrategy. Phong Le:Thank you, Shirish. Hello, everyone. I'd like to welcome all of you to today's webinar. I want to start by providing an update on the state of the company and achievements over the past year. Today, MicroStrategy is the largest corporate holder of bitcoin in the world, holding 190,000 bitcoins with a total bitcoin market value of $8.1 billion as of yesterday. In 2023, we acquired 56,650 bitcoins for a total purchase cost of $1.9 billion, an average price of $33,580. In 2024 so far, we've acquired an additional 850 bitcoins for a total purchase cost of $37 million. Over the past year, we've seen bitcoin mature further as an institutional-grade asset class with broader regulatory recognition and institutional adoption. We remain highly committed to our Bitcoin strategy with a long-term focus. Andrew will provide further details on our Bitcoin purchase activity for this quarter later. MicroStrategy is also positioned as the world's largest independent publicly traded business intelligence company. Our objective is to grow in AI and cloud-powered BI software. We have over 1,900 employees focused on our software business, devoted to achieving our vision of intelligence everywhere. The past year has marked the most transformative in our 25-year history of being a public company as we released MicroStrategy ONE, MicroStrategy AI, MicroStrategy Cloud for Azure, AWS, and now the Google Cloud platform and continue to focus on growth in both cloud and AI plus BI. In 2023, we made important progress in our shift towards our cloud offering resulting in annual subscription services revenue of $81.2 million, an increase of 34% year-over-year. See also20 Best Small Towns in Florida to Retireand15 Reasons Why Millionaires Think They’re Middle Class. To continue reading the Q&A session, pleaseclick here.... - Reddit Posts (Sample): [['u/DivideDistinct9539', 'My father who was skeptical of bitcoin is angry he didn’t put his yearly bonus in bitcoin back in 2019 ', 903, '2024-03-09 00:43', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/', 'Years ago, I tried to talk my dad into putting money into Bitcoin and explaining it to him. He said it was a scam, so I respected his response and left it at that. Well, now that Bitcoin hit 69k, he came home today and asked if any of us had money in Bitcoin. We asked why, and he said, “It’s at 69k,” and now he’s angry he didn’t put his 2019 bonus into it because if he had, he would have made 500k in profit. He said, “I could have retired.” Now he’s pretty upset. I couldn’t help but say, “I told you so,” which I’m sure was annoying. I really wish he had put money into Bitcoin; he deserves to retire. He’s worked so hard his entire adult life to support his family and provide for us. Don’t make the mistake my dad made. Buy and hold. ', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/', '1ba345d', [['u/watchingbigbrother63', 69, '2024-03-09 00:47', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ktztjxx/', "Bitcoin still has a very long way to go. Tell your dad it's not too late.", '1ba345d'], ['u/Itchy-File-8205', 203, '2024-03-09 01:19', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ktzybzt/', "Angry is a bad thing. It means he's an emotional investor and would have sold low or for a loss.\n\nNo sympathy", '1ba345d'], ['u/2LostFlamingos', 26, '2024-03-09 01:20', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ktzyl3d/', 'Second best time to buy is today. \n\nHe can retire next year.', '1ba345d'], ['u/F_uckthe925life', 10, '2024-03-09 01:36', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku00y5p/', "I tried the same with mine back when Bitcoin was 16k he said he was ok he didn't want to buy any. Now at 69k he said he may buy some. \n\nSee it alot, everyone laughs at us when it's low when we're telling them to buy after so much research. But when they see us make money they want to jump on the moving train 😂", '1ba345d'], ['u/Sandcracka-', 16, '2024-03-09 01:38', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku01au3/', "If the price never goes back down and he doesn't buy then you are giving bad advice", '1ba345d'], ['u/organicgrower420', 374, '2024-03-09 02:08', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku05na0/', 'Woulda coulda shoulda', '1ba345d'], ['u/millionmilegoals', 109, '2024-03-09 02:16', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku06tjz/', 'So what did he do with his bonus?\n\nIf he had put it into tech stocks or at the very least the S&P 500 he would’ve done okay too.\n\nI suspect this is one of those things that he wished he should have invested but spent his bonus on a new boat or something and have hindsight regret.', '1ba345d'], ['u/Equal_Classroom_4707', 16, '2024-03-09 02:19', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku07cgu/', 'This is so delusional.', '1ba345d'], ['u/NoElection2224', 42, '2024-03-09 02:22', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku07oar/', 'Anyone who has been in the investment world for some time, not just with Bitcoin, knows that beginners will always have regrets. There are basically four types of regret:\n\n1- Not buying an asset and then after some time it appreciates: I will regret not having bought it.\n2- Buying an asset and then after some time it appreciates: I will regret not having bought more.\n3- Buying an asset and then after some time it depreciates: I will regret having bought it.\n4- Selling an asset and then after some time it appreciates: I will regret having sold it.\n\nThis is a natural passage in the life of every investor, and over time they learn to master this more emotional side.', '1ba345d'], ['u/IArgueWithIdiots', 35, '2024-03-09 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku08yl5/', "If he hasn't bought any yet, it hasn't clicked for him.\xa0 He'd probably just panic sell next time it drops.", '1ba345d'], ['u/Hank___Scorpio', 24, '2024-03-09 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku090ic/', "No one cares about the things we didn't do.", '1ba345d'], ['u/Kurupt-FM-1089', 1750, '2024-03-09 02:42', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0alyw/', 'Let’s be real, he wouldn’t sold at the first dip and then blamed you forever.', '1ba345d'], ['u/H_Bowman', 22, '2024-03-09 02:44', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0awma/', "People like this piss me off. I'm guessing he'll refrain from buying now too and will say the same thing in another 4 years 🤮", '1ba345d'], ['u/SpicyHashira', 11, '2024-03-09 02:57', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0crdm/', 'Agreed. I guarantee he would have sold for a loss if he’s getting emotional. Sounds like paper hands to me', '1ba345d'], ['u/shit_master', 18, '2024-03-09 03:07', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0eagt/', "but didn't, so whatever", '1ba345d'], ['u/RealCheyemos', 11, '2024-03-09 03:20', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0g87o/', 'I think those of us in the west have a privileged way of thinking about finances; we don’t see the endless inflation like some of these Third World countries do, plus we’re really used to having private property, rights and freedom of speech, and all of these western freedoms that we take for granted… A lot of that doesn’t existin other countries, actually, a lot of countries…', '1ba345d'], ['u/parkranger2000', 168, '2024-03-09 03:24', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0gozk/', 'Dad doesn’t know shit about BTC and no chance he would e held thru bear market. Son woulda been blamed for losses. This kind of thinking is dumb', '1ba345d'], ['u/Im_so_little', 48, '2024-03-09 03:40', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0j000/', 'He won\'t do it again either when BTC drops again. He\'ll say some shit like "I knew it was worthless" but the floor in the next bear will be 45k or some shit.', '1ba345d'], ['u/Hospitaliter', 32, '2024-03-09 03:48', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0k4zm/', 'My wife does', '1ba345d'], ['u/slugur', 17, '2024-03-09 03:51', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0kks9/', "He would've panic sold at 4k like a paper boy. I hate when people just look at today's price and think they would've held through multiple bear cycles.", '1ba345d'], ['u/NevaGonnaCatchMe', 19, '2024-03-09 03:53', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0kvol/', 'Exactly. This isn’t exclusive to Bitcoin. I considered putting a signing bonus into Tesla in 2013. I sold AMC for a small gain in 2021…blah blah blah\n\nWelcome to investing “dad”', '1ba345d'], ['u/KaydeeKaine', 10, '2024-03-09 04:01', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0m0cx/', 'Probably pre halving dump', '1ba345d'], ['u/GreenStretch', 47, '2024-03-09 04:34', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0qk0t/', "He didn't tell OP, but hookers & blow.", '1ba345d'], ['u/Awkward_Potential_', 11, '2024-03-09 04:43', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0rq2x/', 'Guaranteed he\'s saying he\'s "too late" to it now. So basically, he wants to get rich with no knowledge or insight and wants to do it in a short amount of time with a small amount of money. Lol', '1ba345d'], ['u/watchingbigbrother63', 10, '2024-03-09 04:52', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0t165/', 'Until the price passes $220k.', '1ba345d'], ['u/peekdasneaks', 10, '2024-03-09 04:53', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0t3rp/', 'After this cycle I’ll buy more if it drops to 69. I’ve played the previous ath every time and it has been like clockwork', '1ba345d'], ['u/FirstTimeRedditor100', 35, '2024-03-09 04:58', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0tuoe/', "If his bonus was enough to have made $500K profit since 2019, he must have had an enormous bonus. Which also means he must make a fuckton of money so I don't feel bad at all.", '1ba345d'], ['u/Ahchingchongpeng', 12, '2024-03-09 05:11', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0viql/', 'The only difference is institutions are in now so we don’t know if it will go that low during the next bear .', '1ba345d'], ['u/papa_autist', 373, '2024-03-09 05:28', 'https://www.reddit.com/r/Bitcoin/comments/1ba345d/my_father_who_was_skeptical_of_bitcoin_is_angry/ku0xokh/', 'This is the correct answer.', '1ba345d'], ['u/Dub_City204', 102, '2024-03-09 06:10... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['When it comes to Bitcoin\xa0—\xa0and all cryptocurrencies, especially now\xa0— a deep breath is in order before one invests.\nBitcoin hit an all-time closing high on Thursday at $69,294, an astonishing rebound from a crash in 2022 that saw the cryptocurrency fall 77% to $15,800.\nMany assumed the mania would kill bitcoin and other cryptocurrencies generally. Some muttered or yelled words like "Good riddance."\nRelated: \'A lot of people are going to get hurt\' as Bitcoin tests all-time high, top economist warns\nBy the end of 2023, however, bitcoin was back in a big way, closing up 172% on the year to around $43,000. It has risen 61% just this year. And most of that gain started in February.\nNo doubt a terrific gain, although Nvidia(NVDA)is up 77% on the year at $875.28. And that\'s despite a 5.6% slump on Friday.\nBitcoin enthusiasts and promoters are ecstatic with its performance, convinced it\'s heading to $100,000 and ultimately will vie with gold as a way to hedge one\'s wealth against inflation and economic turmoil.\nSkeptics abound, worried bitcoin is getting way too expensive and potentially ruinous to naive investors.\nThe late Charles Munger of Berkshire Hathaway(BRK.B)had no use for Bitcoin.\xa0Cryptocurrency traders were participants in a get-rich-quick scheme, contributing little to civilization, he told one interviewer.\nJPMorgan Chase CEO Jamie Dimon has called Bitcoin a fraud, worthless andno better than a pet rock.\nThere\'s no disputing its volatility. An example: Bitcoin jumped nearly 8% on Monday, dropped 8.6% the next day and rose 8.5% on Wednesday.\nBy many traditional momentum measures, bitcoin at current levels is overbought and increasingly vulnerable to an abrupt selloff.\nIts relative strength index has been largely above 75 since early February, a key measure on whether an investment is overbought.\nAnd yet, bitcoin has enjoyed a huge runup this year. Blame two very specific factors.\nRelated: No, Elon Musk, AI self-awareness is not \'inevitable\'\nFirst, after years of intense lobbying and litigation by Wall Street, nine exchange-traded funds were launched in January aimed at making it easier to invest in bitcoin. (More are expected later.)\nExchange-traded funds are organized to invest in pools of something, usually stocks. In this case, the ETFs were organized to buy into bitcoin and take the risk and costs of taking positions in the crypto off investors\' hands.\nThe ETFs have pulled in more than $52 billion in new money in about two months, far faster than Eric Balchunas of Bloomberg Intelligence was expecting. Balchunas, who covers crypto news,told CoinDesk TVhe\xa0thought it might take three to six months to generate that much cash.\nETFs built around gold took three years to pull in that much cash.\nThe ETFs have all had terrific runs since their opening day of trading on Jan. 11, rising roughly 48% to 52% each.\nThe iShares Bitcoin Trust(IBIT), managed by money-management giant Blackstone, is up 48.5% since Jan. 11.\nPATRICK T. FALLON/Getty Images\nThe biggest ETF, the Grayscale Bitcoin Trust(GBTC),\xa0is up 52% since January.\nThe S&P 500 is up 8.1% this year. The Nasdaq-100 Index, which includes Nvidia, is up 7.4%.\nIn April comes the second big influence on the price of bitcoin. It\'s called halving and works because of the way bitcoin is structured.\nEvery transaction is registered in a block and verified by solving complex math problems using computers. Once the problems are solved, the block goes at the end of what\'s called the blockchain.\nWhen a block goes into the chain,as Quartz explains, it creates a number of bitcoins. Whoever gets a block into the chain gets rewarded with 6.25 bitcoin. Each coin is worth about $388,000. In April, the reward rate is expected to be cut in half to 3.125 bitcoin.\nThe halving, which occurs every four years or so, is expected to occur around April 21 and will fuel a bitcoin price jump.\nAaron Arnold, the co-founder of influential crypto markets channel "Altcoin Daily," believes prices could hit $80,000.\nThat\'s because halving is designed to create scarcity. it\'s like gold, which has a limited global supply and has evolved into an asset investors can use as a hedge against inflation and over-speculation.\nBitcoin was designed to have a limited supply. The original code that created it allows a maximum of 21 million coins, which might take several decades to distribute.\nMore finance news:\n• Veteran analyst unveils bold interest rate prediction\n• 10 personal finance dos and don\'ts from Morningstar\n• Analysts revamp interest rate targets following Fed meeting\nThis explains why Cathie Wood, CEO of ARK Investment Management, seesone bitcoin worth $2.3 millionsometime in the future. She has also more specifically predicted it would rise to $1.5 million by 2030.\nARK Invest manages the\xa0ARK 21Shares Bitcoin ETF(ARKB),\xa0up 48.4% since trading started on Jan. 11.\nWood assumes that Bitcoin will become so valuable that it will represent something on the order of 19% of global investable assets.\nWood\'s projection tells us something about what Bitcoin is not and what Bitcoin is.\n• Bitcoin is not a currency. No matter what anyone tells you, especially crypto supporters. It\'s hard to buy a house, a car, dinner at a good restaurant using bitcoin.\n• Bitcoin is, in fact, a vehicle for speculation.\nBitcoin also tends to track some stock indexes, especially the Nasdaq-100 Index.\nAnd it crashes, like the 77% crash in 2022. Another crash that started in late 2017 saw bitcoin fall 84% over the next year.\nIt displayed its volatility briefly in January, rising 10% in the first eight days on the month and falling 16% over the next 15 days.\nThe chance to make huge gains in short periods of time attracts many naive investors, many Bitcoin critics argue, including Burton Malkiel, author of the influential bookA Random Walk Down Main Street.\n"I can assure you if it goes up to a new high, you’re going to draw people in the FOMO crowd," hetold Sara Silverstein, editor-in-chief of theStreet. "I can’t miss this, and I’m afraid a lot of people are going to be hurt."\n"I\'d pass on Bitcoin for now, despite setting a new high for a fleeting moment. There are more prudent investment opportunities," Adam Spataccowrote on the Motley Fool.\nRelated: Veteran fund manager picks favorite stocks for 2024', 'When it comes to Bitcoin\xa0—\xa0and all cryptocurrencies, especially now\xa0— a deep breath is in order before one invests.\nBitcoin hit an all-time closing high on Thursday at $69,294, an astonishing rebound from a crash in 2022 that saw the cryptocurrency fall 77% to $15,800.\nMany assumed the mania would kill bitcoin and other cryptocurrencies generally. Some muttered or yelled words like "Good riddance."\nRelated: \'A lot of people are going to get hurt\' as Bitcoin tests all-time high, top economist warns\nBy the end of 2023, however, bitcoin was back in a big way, closing up 172% on the year to around $43,000. It has risen 61% just this year. And most of that gain started in February.\nNo doubt a terrific gain, although Nvidia(NVDA)is up 77% on the year at $875.28. And that\'s despite a 5.6% slump on Friday.\nBitcoin enthusiasts and promoters are ecstatic with its performance, convinced it\'s heading to $100,000 and ultimately will vie with gold as a way to hedge one\'s wealth against inflation and economic turmoil.\nSkeptics abound, worried bitcoin is getting way too expensive and potentially ruinous to naive investors.\nThe late Charles Munger of Berkshire Hathaway(BRK.B)had no use for Bitcoin.\xa0Cryptocurrency traders were participants in a get-rich-quick scheme, contributing little to civilization, he told one interviewer.\nJPMorgan Chase CEO Jamie Dimon has called Bitcoin a fraud, worthless andno better than a pet rock.\nThere\'s no disputing its volatility. An example: Bitcoin jumped nearly 8% on Monday, dropped 8.6% the next day and rose 8.5% on Wednesday.\nBy many traditional momentum measures, bitcoin at current levels is overbought and increasingly vulnerable to an abrupt selloff.\nIts relative strength index has been largely above 75 since early February, a key measure on whether an investment is overbought.\nAnd yet, bitcoin has enjoyed a huge runup this year. Blame two very specific factors.\nRelated: No, Elon Musk, AI self-awareness is not \'inevitable\'\nFirst, after years of intense lobbying and litigation by Wall Street, nine exchange-traded funds were launched in January aimed at making it easier to invest in bitcoin. (More are expected later.)\nExchange-traded funds are organized to invest in pools of something, usually stocks. In this case, the ETFs were organized to buy into bitcoin and take the risk and costs of taking positions in the crypto off investors\' hands.\nThe ETFs have pulled in more than $52 billion in new money in about two months, far faster than Eric Balchunas of Bloomberg Intelligence was expecting. Balchunas, who covers crypto news,told CoinDesk TVhe\xa0thought it might take three to six months to generate that much cash.\nETFs built around gold took three years to pull in that much cash.\nThe ETFs have all had terrific runs since their opening day of trading on Jan. 11, rising roughly 48% to 52% each.\nThe iShares Bitcoin Trust(IBIT), managed by money-management giant Blackstone, is up 48.5% since Jan. 11.\nPATRICK T. FALLON/Getty Images\nThe biggest ETF, the Grayscale Bitcoin Trust(GBTC),\xa0is up 52% since January.\nThe S&P 500 is up 8.1% this year. The Nasdaq-100 Index, which includes Nvidia, is up 7.4%.\nIn April comes the second big influence on the price of bitcoin. It\'s called halving and works because of the way bitcoin is structured.\nEvery transaction is registered in a block and verified by solving complex math problems using computers. Once the problems are solved, the block goes at the end of what\'s called the blockchain.\nWhen a block goes into the chain,as Quartz explains, it create **Last 60 Days of Bitcoin's Closing Prices:** [46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-10 **Financial & Commodity Data:** - Gold Closing Price: $2178.60 - Crude Oil Closing Price: $78.01 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,363,372,641,394 - Hash Rate: 564073645.2552733 - Transaction Count: 368196.0 - Unique Addresses: 627815.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Cathie Wood, the CEO of ARK Invest, believes that investors are starting to move from gold to Bitcoin (BTC) following the launch of spot Bitcoin exchange-traded funds (ETFs). In a recent chat with chief futurist Brett Winton on ARK Invest's YouTube channel, Wood stated, "Relative to gold, Bitcoin has been rising. There's now a substitution into Bitcoin and we think that is going to continue now that there is a less friction-filled way to access Bitcoin." Wood drew parallels between Bitcoin and gold, suggesting that both assets could serve as "risk-off assets" during periods of banking sector weakness. She pointed to the March 2023 "regional bank crisis" in the United States, during which Bitcoin's price surged 40% while the Regional Bank index imploded. A recent analysis by Fidelity showed that Bitcoin's correlation with gold increased in 2023, decoupling from its previously inverse relationship with interest rates despite global rate hikes. The one-year rolling correlation between Bitcoin and gold currently sits at 0.80, the highest it has ever been. ARK Invest was one of 10 ETF issuers that launched a spot Bitcoin ETF on January 11, named the ARK 21Shares Bitcoin ETF. The ETF currently holds over $700 million in Bitcoin, making it one of the largest Bitcoin ETFs in the market.... - Reddit Posts (Sample): [['u/GRODT_SHAH', 'Are people sleeping on miners?', 65, '2024-03-10 00:22', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/', "BTC halving is only a month away and all WSB seems to talk about are semiconductor stocks and AI.\n\nAm I crazy here? Surely there is a real opportunity to capitalize.\n\nIt's almost a certainty to me that miners like CLSK, MARA and RIOT will outperform in the coming months. \n\nWhat do you think?", 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/', '1bavdrg', [['u/fenriswulfwsb', 127, '2024-03-10 01:03', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5dk6x/', 'Why is halving good for miners? It effectively doubles their costs', '1bavdrg'], ['u/dacalo', 18, '2024-03-10 01:04', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5do9l/', 'Have you thought about the miners being less profitable with the halving? They will only mine half of what they are getting now but still spend same expense.', '1bavdrg'], ['u/Disastrous_Week3046', 185, '2024-03-10 01:05', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5dqe6/', 'MARA is up 133% over the last 6 months….', '1bavdrg'], ['u/Sea_Bear7754', 89, '2024-03-10 01:07', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5e134/', 'Better on than with.', '1bavdrg'], ['u/speedingmedicine', 14, '2024-03-10 01:10', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5efzb/', 'Miners are about to see profits cut in half and likely need expensive hardware upgrades to continue mining. Not a solid investment. Better off buying the coin.', '1bavdrg'], ['u/blu_id', 24, '2024-03-10 01:14', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5f25v/', 'I don’t have a definitive answer but I’ll tell you my personal experience the last few months. I stopped even looking at them. They used to run on BTC performance but now they will randomly break away for a day or two. Then go back to following corn. And when they are following BTC, it’s a wild ride. Miner stock is like a 0dte BTC option. And a miner option is….wild and unpredictable.', '1bavdrg'], ['u/LaykeTaco', 49, '2024-03-10 01:17', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5fj1l/', 'I think they diluted their shares too… by millions…', '1bavdrg'], ['u/Emotional-Price-4401', 38, '2024-03-10 01:20', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5g0o8/', '... phrasing?', '1bavdrg'], ['u/olivefob', 13, '2024-03-10 01:21', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5g48r/', 'Sleeping on minors is extremely questionable and you need psychiatric help', '1bavdrg'], ['u/iguessineedaname22', 10, '2024-03-10 01:53', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5kszn/', 'Clsk is the play anyways. Just the options aren’t as spicy yet.', '1bavdrg'], ['u/FUWS', 13, '2024-03-10 01:53', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5ktfq/', 'You must be a bag holder pretending to find some gems about MARA and RIOT. People absolutely know about this and you are crazy trying to pretend posting like people ate unaware. \n\nAlso, obvious choice generally means the opposite in the stock market, so it could be sell the news event.', '1bavdrg'], ['u/vwin90', 101, '2024-03-10 01:54', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5kwkt/', 'Here’s the simplified math:\n\nHalving gives you less coins for the same amount of electricity you use. That makes it so that for sure, the value gained from mining will effectively get cut in half.\n\nHowever, halving theoretically makes coins more scarce, so basic supply and demand suggests that the price should then increase.\n\nThe big miners hold a lot of coins, so they’ll be affected by both variables. If the value of bitcoin doubles after the halving, then it won’t matter that they are mining less coins per day since the two effects will cancel each other out. However, while it’s basically guaranteed that the coins will be harder to mine, it’s NOT guaranteed that the value of each coin will double to cancel that out.\n\nIt’s quite possible that bitcoin continues to increase in value but NOT enough to offset the increased cost to mine. It’s also possible that it increases in value so much that increased mining costs are barely a factor. And it’s also possible that it perfectly evens out. Place your bets now!\n\nThe point is: the downside of the halving is guaranteed. The upside is unknown because supply and demand rules don’t always play out in real life like they do on paper.\n\nNow before people get mad at me: the disclaimer is that I heavily simplified the math. It’s more complicated because each miner has an average cost per coin for their stash based on how much energy they used to mine them, so it’s not like btc has to double to 140k for them to break even. Also, stock price is not that strongly correlated to actual value anyways. Neither is the coin value. You’re basically betting on horses here.', '1bavdrg'], ['u/Zaros262', 13, '2024-03-10 02:01', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5lv8j/', "Why would the price of BTC double? 93% of the theoretical max number of bitcoins have already been mined. Even if the last 7% were cancelled and the priced-in inflation disappeared overnight, that's only a 7% boost\n\nThe only thing this does is make new bitcoins take twice as long (twice the expense) to mine", '1bavdrg'], ['u/CoolRunner', 10, '2024-03-10 02:08', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5muvn/', 'When the miners stop diluting people will pay more attention\xa0', '1bavdrg'], ['u/CompooterMadeMeDoIt', 22, '2024-03-10 02:08', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5mx41/', 'why is that?\n\nsee this works with a stock reverse split. theres 100 shares i reverse split it in half, now theres 50 shares and those 50 shares represent the same ownership value as the previous 100 thus their value doubles. \n\nbut the halving is not cutting your existing bitcoin in half. its just making future bitcoins harder to mine.\n\nthis makes your bitcoin more rare, but rarity on its own does not make something valuable. \n\nto assume that the value will automatically double seems presumptuous. this isnt a reverse stock split. nothing changes with the existing pool of BTC already owned.\n\nits also publicly available information which should mean that its already being priced in.', '1bavdrg'], ['u/_mattske', 35, '2024-03-10 02:19', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5oenx/', 'Did you read this question out loud before posting it?', '1bavdrg'], ['u/pshawny', 37, '2024-03-10 02:20', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5ok1e/', 'Most miners have been and will be diluting. Not millions, but hundreds of millions. MARA has a $1.5B at the market offer, meaning they can sell 1.5B of new stock to raise capital. RIOT has a $750M ATM offer.', '1bavdrg'], ['u/Matthiey', 13, '2024-03-10 02:30', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5py9j/', "Ya, that's nice. Very reasonable. Now go explain that to crypto-brodudes who can't understand basic physics or economics. When idiots hold, it creates artificial scarcity.", '1bavdrg'], ['u/brainfreeze3', 13, '2024-03-10 02:31', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5q6hv/', "That's not how the math works the scarcity and value would benefit holders way more than the miners. If they're mining half as much the value of Bitcoin would have to double overnight just for them to break even.", '1bavdrg'], ['u/Zaros262', 10, '2024-03-10 02:42', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5rp74/', 'The last remaining coins aren\'t any different from the rest of the coins though; the miners don\'t have any leverage like that\n\nSeems like this is just "but if everyone refused to sell!" cope, not even relevant to mining costs doubling. But also isn\'t the point of bitcoin that it\'s supposed to be an alternative currency? That doesn\'t work if no one sells it', '1bavdrg'], ['u/Primatene', 12, '2024-03-10 02:53', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5t93g/', 'this man gets it', '1bavdrg'], ['u/Ok-ChildHooOd', 16, '2024-03-10 05:08', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku6b69x/', "It's not really good for miners but it's good for everyone else as the halving will in theory push the price of BTC up.", '1bavdrg'], ['u/teencrime', 27, '2024-03-10 07:40', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku6s70u/', "In their respective filings with the SEC. The SEC has a platform (named EDGAR) where you can search for all of this information, free of charge\n\n[EDGAR](https://www.sec.gov/edgar/search/)\n\n[MARA's Filings](https://www.sec.gov/edgar/search/#/ciks=0001507605&entityName=MARATHON%2520DIGITAL%2520HOLDINGS%252C%2520INC.%2520\\(MARA\\)%2520\\(CIK%25200001507605\\))\n\n[RIOT's Filings](https://www.sec.gov/edgar/search/#/ciks=0001167419&entityName=Riot%2520Platforms%252C%2520Inc.%2520\\(RIOT\\)%2520\\(CIK%25200001167419\\))", '1bavdrg'], ['u/juventinn1897', 11, '2024-03-10 09:30', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_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.
72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['When it comes to Bitcoin\xa0—\xa0and all cryptocurrencies, especially now\xa0— a deep breath is in order before one invests.\nBitcoin hit an all-time closing high on Thursday at $69,294, an astonishing rebound from a crash in 2022 that saw the cryptocurrency fall 77% to $15,800.\nMany assumed the mania would kill bitcoin and other cryptocurrencies generally. Some muttered or yelled words like "Good riddance."\nRelated: \'A lot of people are going to get hurt\' as Bitcoin tests all-time high, top economist warns\nBy the end of 2023, however, bitcoin was back in a big way, closing up 172% on the year to around $43,000. It has risen 61% just this year. And most of that gain started in February.\nNo doubt a terrific gain, although Nvidia(NVDA)is up 77% on the year at $875.28. And that\'s despite a 5.6% slump on Friday.\nBitcoin enthusiasts and promoters are ecstatic with its performance, convinced it\'s heading to $100,000 and ultimately will vie with gold as a way to hedge one\'s wealth against inflation and economic turmoil.\nSkeptics abound, worried bitcoin is getting way too expensive and potentially ruinous to naive investors.\nThe late Charles Munger of Berkshire Hathaway(BRK.B)had no use for Bitcoin.\xa0Cryptocurrency traders were participants in a get-rich-quick scheme, contributing little to civilization, he told one interviewer.\nJPMorgan Chase CEO Jamie Dimon has called Bitcoin a fraud, worthless andno better than a pet rock.\nThere\'s no disputing its volatility. An example: Bitcoin jumped nearly 8% on Monday, dropped 8.6% the next day and rose 8.5% on Wednesday.\nBy many traditional momentum measures, bitcoin at current levels is overbought and increasingly vulnerable to an abrupt selloff.\nIts relative strength index has been largely above 75 since early February, a key measure on whether an investment is overbought.\nAnd yet, bitcoin has enjoyed a huge runup this year. Blame two very specific factors.\nRelated: No, Elon Musk, AI self-awareness is not \'inevitable\'\nFirst, after years of intense lobbying and litigation by Wall Street, nine exchange-traded funds were launched in January aimed at making it easier to invest in bitcoin. (More are expected later.)\nExchange-traded funds are organized to invest in pools of something, usually stocks. In this case, the ETFs were organized to buy into bitcoin and take the risk and costs of taking positions in the crypto off investors\' hands.\nThe ETFs have pulled in more than $52 billion in new money in about two months, far faster than Eric Balchunas of Bloomberg Intelligence was expecting. Balchunas, who covers crypto news,told CoinDesk TVhe\xa0thought it might take three to six months to generate that much cash.\nETFs built around gold took three years to pull in that much cash.\nThe ETFs have all had terrific runs since their opening day of trading on Jan. 11, rising roughly 48% to 52% each.\nThe iShares Bitcoin Trust(IBIT), managed by money-management giant Blackstone, is up 48.5% since Jan. 11.\nPATRICK T. FALLON/Getty Images\nThe biggest ETF, the Grayscale Bitcoin Trust(GBTC),\xa0is up 52% since January.\nThe S&P 500 is up 8.1% this year. The Nasdaq-100 Index, which includes Nvidia, is up 7.4%.\nIn April comes the second big influence on the price of bitcoin. It\'s called halving and works because of the way bitcoin is structured.\nEvery transaction is registered in a block and verified by solving complex math problems using computers. Once the problems are solved, the block goes at the end of what\'s called the blockchain.\nWhen a block goes into the chain,as Quartz explains, it creates a number of bitcoins. Whoever gets a block into the chain gets rewarded with 6.25 bitcoin. Each coin is worth about $388,000. In April, the reward rate is expected to be cut in half to 3.125 bitcoin.\nThe halving, which occurs every four years or so, is expected to occur around April 21 and will fuel a bitcoin price jump.\nAaron Arnold, the co-founder of influential crypto markets channel "Altcoin Daily," believes prices could hit $80,000.\nThat\'s because halving is designed to create scarcity. it\'s like gold, which has a limited global supply and has evolved into an asset investors can use as a hedge against inflation and over-speculation.\nBitcoin was designed to have a limited supply. The original code that created it allows a maximum of 21 million coins, which might take several decades to distribute.\nMore finance news:\n• Veteran analyst unveils bold interest rate prediction\n• 10 personal finance dos and don\'ts from Morningstar\n• Analysts revamp interest rate targets following Fed meeting\nThis explains why Cathie Wood, CEO of ARK Investment Management, seesone bitcoin worth $2.3 millionsometime in the future. She has also more specifically predicted it would rise to $1.5 million by 2030.\nARK Invest manages the\xa0ARK 21Shares Bitcoin ETF(ARKB),\xa0up 48.4% since trading started on Jan. 11.\nWood assumes that Bitcoin will become so valuable that it will represent something on the order of 19% of global investable assets.\nWood\'s projection tells us something about what Bitcoin is not and what Bitcoin is.\n• Bitcoin is not a currency. No matter what anyone tells you, especially crypto supporters. It\'s hard to buy a house, a car, dinner at a good restaurant using bitcoin.\n• Bitcoin is, in fact, a vehicle for speculation.\nBitcoin also tends to track some stock indexes, especially the Nasdaq-100 Index.\nAnd it crashes, like the 77% crash in 2022. Another crash that started in late 2017 saw bitcoin fall 84% over the next year.\nIt displayed its volatility briefly in January, rising 10% in the first eight days on the month and falling 16% over the next 15 days.\nThe chance to make huge gains in short periods of time attracts many naive investors, many Bitcoin critics argue, including Burton Malkiel, author of the influential bookA Random Walk Down Main Street.\n"I can assure you if it goes up to a new high, you’re going to draw people in the FOMO crowd," hetold Sara Silverstein, editor-in-chief of theStreet. "I can’t miss this, and I’m afraid a lot of people are going to be hurt."\n"I\'d pass on Bitcoin for now, despite setting a new high for a fleeting moment. There are more prudent investment opportunities," Adam Spataccowrote on the Motley Fool.\nRelated: Veteran fund manager picks favorite stocks for 2024', 'When it comes to Bitcoin\xa0—\xa0and all cryptocurrencies, especially now\xa0— a deep breath is in order before one invests.\nBitcoin hit an all-time closing high on Thursday at $69,294, an astonishing rebound from a crash in 2022 that saw the cryptocurrency fall 77% to $15,800.\nMany assumed the mania would kill bitcoin and other cryptocurrencies generally. Some muttered or yelled words like "Good riddance."\nRelated: \'A lot of people are going to get hurt\' as Bitcoin tests all-time high, top economist warns\nBy the end of 2023, however, bitcoin was back in a big way, closing up 172% on the year to around $43,000. It has risen 61% just this year. And most of that gain started in February.\nNo doubt a terrific gain, although Nvidia(NVDA)is up 77% on the year at $875.28. And that\'s despite a 5.6% slump on Friday.\nBitcoin enthusiasts and promoters are ecstatic with its performance, convinced it\'s heading to $100,000 and ultimately will vie with gold as a way to hedge one\'s wealth against inflation and economic turmoil.\nSkeptics abound, worried bitcoin is getting way too expensive and potentially ruinous to naive investors.\nThe late Charles Munger of Berkshire Hathaway(BRK.B)had no use for Bitcoin.\xa0Cryptocurrency traders were participants in a get-rich-quick scheme, contributing little to civilization, he told one interviewer.\nJPMorgan Chase CEO Jamie Dimon has called Bitcoin a fraud, worthless andno better than a pet rock.\nThere\'s no disputing its volatility. An example: Bitcoin jumped nearly 8% on Monday, dropped 8.6% the next day and rose 8.5% on Wednesday.\nBy many traditional momentum measures, bitcoin at current levels is overbought and increasingly vulnerable to an abrupt selloff.\nIts relative strength index has been largely above 75 since early February, a key measure on whether an investment is overbought.\nAnd yet, bitcoin has enjoyed a huge runup this year. Blame two very specific factors.\nRelated: No, Elon Musk, AI self-awareness is not \'inevitable\'\nFirst, after years of intense lobbying and litigation by Wall Street, nine exchange-traded funds were launched in January aimed at making it easier to invest in bitcoin. (More are expected later.)\nExchange-traded funds are organized to invest in pools of something, usually stocks. In this case, the ETFs were organized to buy into bitcoin and take the risk and costs of taking positions in the crypto off investors\' hands.\nThe ETFs have pulled in more than $52 billion in new money in about two months, far faster than Eric Balchunas of Bloomberg Intelligence was expecting. Balchunas, who covers crypto news,told CoinDesk TVhe\xa0thought it might take three to six months to generate that much cash.\nETFs built around gold took three years to pull in that much cash.\nThe ETFs have all had terrific runs since their opening day of trading on Jan. 11, rising roughly 48% to 52% each.\nThe iShares Bitcoin Trust(IBIT), managed by money-management giant Blackstone, is up 48.5% since Jan. 11.\nPATRICK T. FALLON/Getty Images\nThe biggest ETF, the Grayscale Bitcoin Trust(GBTC),\xa0is up 52% since January.\nThe S&P 500 is up 8.1% this year. The Nasdaq-100 Index, which includes Nvidia, is up 7.4%.\nIn April comes the second big influence on the price of bitcoin. It\'s called halving and works because of the way bitcoin is structured.\nEvery transaction is registered in a block and verified by solving complex math problems using computers. Once the problems are solved, the block goes at the end of what\'s called the blockchain.\nWhen a block goes into the chain,as Quartz explains, it create **Last 60 Days of Bitcoin's Closing Prices:** [46627.78, 46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-10 **Financial & Commodity Data:** - Gold Closing Price: $2178.60 - Crude Oil Closing Price: $78.01 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,363,372,641,394 - Hash Rate: 564073645.2552733 - Transaction Count: 368196.0 - Unique Addresses: 627815.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Cathie Wood, the CEO of ARK Invest, believes that investors are starting to move from gold to Bitcoin (BTC) following the launch of spot Bitcoin exchange-traded funds (ETFs). In a recent chat with chief futurist Brett Winton on ARK Invest's YouTube channel, Wood stated, "Relative to gold, Bitcoin has been rising. There's now a substitution into Bitcoin and we think that is going to continue now that there is a less friction-filled way to access Bitcoin." Wood drew parallels between Bitcoin and gold, suggesting that both assets could serve as "risk-off assets" during periods of banking sector weakness. She pointed to the March 2023 "regional bank crisis" in the United States, during which Bitcoin's price surged 40% while the Regional Bank index imploded. A recent analysis by Fidelity showed that Bitcoin's correlation with gold increased in 2023, decoupling from its previously inverse relationship with interest rates despite global rate hikes. The one-year rolling correlation between Bitcoin and gold currently sits at 0.80, the highest it has ever been. ARK Invest was one of 10 ETF issuers that launched a spot Bitcoin ETF on January 11, named the ARK 21Shares Bitcoin ETF. The ETF currently holds over $700 million in Bitcoin, making it one of the largest Bitcoin ETFs in the market.... - Reddit Posts (Sample): [['u/GRODT_SHAH', 'Are people sleeping on miners?', 65, '2024-03-10 00:22', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/', "BTC halving is only a month away and all WSB seems to talk about are semiconductor stocks and AI.\n\nAm I crazy here? Surely there is a real opportunity to capitalize.\n\nIt's almost a certainty to me that miners like CLSK, MARA and RIOT will outperform in the coming months. \n\nWhat do you think?", 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/', '1bavdrg', [['u/fenriswulfwsb', 127, '2024-03-10 01:03', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5dk6x/', 'Why is halving good for miners? It effectively doubles their costs', '1bavdrg'], ['u/dacalo', 18, '2024-03-10 01:04', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5do9l/', 'Have you thought about the miners being less profitable with the halving? They will only mine half of what they are getting now but still spend same expense.', '1bavdrg'], ['u/Disastrous_Week3046', 185, '2024-03-10 01:05', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5dqe6/', 'MARA is up 133% over the last 6 months….', '1bavdrg'], ['u/Sea_Bear7754', 89, '2024-03-10 01:07', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5e134/', 'Better on than with.', '1bavdrg'], ['u/speedingmedicine', 14, '2024-03-10 01:10', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5efzb/', 'Miners are about to see profits cut in half and likely need expensive hardware upgrades to continue mining. Not a solid investment. Better off buying the coin.', '1bavdrg'], ['u/blu_id', 24, '2024-03-10 01:14', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5f25v/', 'I don’t have a definitive answer but I’ll tell you my personal experience the last few months. I stopped even looking at them. They used to run on BTC performance but now they will randomly break away for a day or two. Then go back to following corn. And when they are following BTC, it’s a wild ride. Miner stock is like a 0dte BTC option. And a miner option is….wild and unpredictable.', '1bavdrg'], ['u/LaykeTaco', 49, '2024-03-10 01:17', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5fj1l/', 'I think they diluted their shares too… by millions…', '1bavdrg'], ['u/Emotional-Price-4401', 38, '2024-03-10 01:20', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5g0o8/', '... phrasing?', '1bavdrg'], ['u/olivefob', 13, '2024-03-10 01:21', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5g48r/', 'Sleeping on minors is extremely questionable and you need psychiatric help', '1bavdrg'], ['u/iguessineedaname22', 10, '2024-03-10 01:53', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5kszn/', 'Clsk is the play anyways. Just the options aren’t as spicy yet.', '1bavdrg'], ['u/FUWS', 13, '2024-03-10 01:53', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5ktfq/', 'You must be a bag holder pretending to find some gems about MARA and RIOT. People absolutely know about this and you are crazy trying to pretend posting like people ate unaware. \n\nAlso, obvious choice generally means the opposite in the stock market, so it could be sell the news event.', '1bavdrg'], ['u/vwin90', 101, '2024-03-10 01:54', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5kwkt/', 'Here’s the simplified math:\n\nHalving gives you less coins for the same amount of electricity you use. That makes it so that for sure, the value gained from mining will effectively get cut in half.\n\nHowever, halving theoretically makes coins more scarce, so basic supply and demand suggests that the price should then increase.\n\nThe big miners hold a lot of coins, so they’ll be affected by both variables. If the value of bitcoin doubles after the halving, then it won’t matter that they are mining less coins per day since the two effects will cancel each other out. However, while it’s basically guaranteed that the coins will be harder to mine, it’s NOT guaranteed that the value of each coin will double to cancel that out.\n\nIt’s quite possible that bitcoin continues to increase in value but NOT enough to offset the increased cost to mine. It’s also possible that it increases in value so much that increased mining costs are barely a factor. And it’s also possible that it perfectly evens out. Place your bets now!\n\nThe point is: the downside of the halving is guaranteed. The upside is unknown because supply and demand rules don’t always play out in real life like they do on paper.\n\nNow before people get mad at me: the disclaimer is that I heavily simplified the math. It’s more complicated because each miner has an average cost per coin for their stash based on how much energy they used to mine them, so it’s not like btc has to double to 140k for them to break even. Also, stock price is not that strongly correlated to actual value anyways. Neither is the coin value. You’re basically betting on horses here.', '1bavdrg'], ['u/Zaros262', 13, '2024-03-10 02:01', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5lv8j/', "Why would the price of BTC double? 93% of the theoretical max number of bitcoins have already been mined. Even if the last 7% were cancelled and the priced-in inflation disappeared overnight, that's only a 7% boost\n\nThe only thing this does is make new bitcoins take twice as long (twice the expense) to mine", '1bavdrg'], ['u/CoolRunner', 10, '2024-03-10 02:08', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5muvn/', 'When the miners stop diluting people will pay more attention\xa0', '1bavdrg'], ['u/CompooterMadeMeDoIt', 22, '2024-03-10 02:08', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5mx41/', 'why is that?\n\nsee this works with a stock reverse split. theres 100 shares i reverse split it in half, now theres 50 shares and those 50 shares represent the same ownership value as the previous 100 thus their value doubles. \n\nbut the halving is not cutting your existing bitcoin in half. its just making future bitcoins harder to mine.\n\nthis makes your bitcoin more rare, but rarity on its own does not make something valuable. \n\nto assume that the value will automatically double seems presumptuous. this isnt a reverse stock split. nothing changes with the existing pool of BTC already owned.\n\nits also publicly available information which should mean that its already being priced in.', '1bavdrg'], ['u/_mattske', 35, '2024-03-10 02:19', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5oenx/', 'Did you read this question out loud before posting it?', '1bavdrg'], ['u/pshawny', 37, '2024-03-10 02:20', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5ok1e/', 'Most miners have been and will be diluting. Not millions, but hundreds of millions. MARA has a $1.5B at the market offer, meaning they can sell 1.5B of new stock to raise capital. RIOT has a $750M ATM offer.', '1bavdrg'], ['u/Matthiey', 13, '2024-03-10 02:30', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5py9j/', "Ya, that's nice. Very reasonable. Now go explain that to crypto-brodudes who can't understand basic physics or economics. When idiots hold, it creates artificial scarcity.", '1bavdrg'], ['u/brainfreeze3', 13, '2024-03-10 02:31', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5q6hv/', "That's not how the math works the scarcity and value would benefit holders way more than the miners. If they're mining half as much the value of Bitcoin would have to double overnight just for them to break even.", '1bavdrg'], ['u/Zaros262', 10, '2024-03-10 02:42', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5rp74/', 'The last remaining coins aren\'t any different from the rest of the coins though; the miners don\'t have any leverage like that\n\nSeems like this is just "but if everyone refused to sell!" cope, not even relevant to mining costs doubling. But also isn\'t the point of bitcoin that it\'s supposed to be an alternative currency? That doesn\'t work if no one sells it', '1bavdrg'], ['u/Primatene', 12, '2024-03-10 02:53', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku5t93g/', 'this man gets it', '1bavdrg'], ['u/Ok-ChildHooOd', 16, '2024-03-10 05:08', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku6b69x/', "It's not really good for miners but it's good for everyone else as the halving will in theory push the price of BTC up.", '1bavdrg'], ['u/teencrime', 27, '2024-03-10 07:40', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_on_miners/ku6s70u/', "In their respective filings with the SEC. The SEC has a platform (named EDGAR) where you can search for all of this information, free of charge\n\n[EDGAR](https://www.sec.gov/edgar/search/)\n\n[MARA's Filings](https://www.sec.gov/edgar/search/#/ciks=0001507605&entityName=MARATHON%2520DIGITAL%2520HOLDINGS%252C%2520INC.%2520\\(MARA\\)%2520\\(CIK%25200001507605\\))\n\n[RIOT's Filings](https://www.sec.gov/edgar/search/#/ciks=0001167419&entityName=Riot%2520Platforms%252C%2520Inc.%2520\\(RIOT\\)%2520\\(CIK%25200001167419\\))", '1bavdrg'], ['u/juventinn1897', 11, '2024-03-10 09:30', 'https://www.reddit.com/r/wallstreetbets/comments/1bavdrg/are_people_sleeping_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. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Cathie Wood, CEO of the investment firm ARK Invest, has significantly increased her bullish outlook onBitcoin\'s price trajectory. In a recent interview, sherevealedthat ARK has "brought forward" its previous $1 million price target for Bitcoin by 2030. Wood attributes this shift to the recent approval of spot Bitcoin ETFs in the United States. The surge in interest and investment potential unlocked by these ETFs has prompted ARK to re-evaluate Bitcoin\'s future.\n"That target...it was before the SEC gave us the green light," Wood explained, referring to the Securities and Exchange Commission\'s approval of spot Bitcoin ETFs. "And I think that was a major milestone, and it has pulled forward the timeline."\nWhile Bitcoin has already seen significant price appreciation, Wood believes the party is just getting started. Major financial institutions, like Morgan Stanley or Bank of America, have yet to fully embrace Bitcoin, according to Wood. "No platform has approved Bitcoin yet," she said. "So all of this price action has happened before they approve it, and so we haven\'t even begun."\nThis lack of mainstream institutional involvement suggests even more significant price increases are on the horizon. Wood hinted at a revised price target "well above" $1 million by 2030, but declined to provide a specific figure.', 'Cathie Wood, CEO of the investment firm ARK Invest, has significantly increased her bullish outlook onBitcoin\'s price trajectory. In a recent interview, sherevealedthat ARK has "brought forward" its previous $1 million price target for Bitcoin by 2030. Wood attributes this shift to the recent approval of spot Bitcoin ETFs in the United States. The surge in interest and investment potential unlocked by these ETFs has prompted ARK to re-evaluate Bitcoin\'s future.\n"That target...it was before the SEC gave us the green light," Wood explained, referring to the Securities and Exchange Commission\'s approval of spot Bitcoin ETFs. "And I think that was a major milestone, and it has pulled forward the timeline."\nWhile Bitcoin has already seen significant price appreciation, Wood believes the party is just getting started. Major financial institutions, like Morgan Stanley or Bank of America, have yet to fully embrace Bitcoin, according to Wood. "No platform has approved Bitcoin yet," she said. "So all of this price action has happened before they approve it, and so we haven\'t even begun."\nThis lack of mainstream institutional involvement suggests even more significant price increases are on the horizon. Wood hinted at a revised price target "well above" $1 million by 2030, but declined to provide a specific figure.', 'Jupiter Exchangeintroducesstakingandgovernancefor their token, JUP, whileJito Labsdrops themempooloffering from their product lineup, citing negative externalities toSolanausers. In theCosmos, Nim Network announces the first RollApp to deploy on theDymensionRollApp network.\nTotal Value Locked(TVL) across all chains show no signs of slowing their climb, after closing the fourth positive consecutive week asBitcoinbreaks itsall-time high. Notable outperformers to the trend includeBlur’sL2chain,Blast, and alt-L1chain,Near, which saw TVL increases of 258% and 114% respectively.\nSource:https://coinmarketcap.com/chain-ranking/\nMetaQuant covers the parallels and comparisons between the Gold ETF and the BitcoinETF, how well the Bitcoin ETFs have done and where we can expect the BTC price to move from here based on gold’s historical performance.\nLeverageprotocol,Gearbox, announces their latest product, leveragedUSDeandsUSDe, allowing depositors to take on leverage to earn up to 90x Ethena Labs’ Shards. Deposits will open on 11th March.\nOther Product Launches and Updates\n• Redacted Cartel partners up with interoperability layer, LayerZero, enabling thecross-chaintransfer of theirETHliquid staking token, pxETH, betweenArbitrum,Optimismand theBNB Smart Chain.\nStarkNet-based DeFi suite, Nostra, unveils stSTRK, aliquid stakingtoken for the STRK token. Users can now stake their STRK to receive stSTRK, which allows them to earn points on Nostra as well as claim future staking rewards when StarkNet launches their native staking mechanism.\nAstar Networkofficially launches the Astarzero-knowledgeEthereum Virtual Machine(zkEVM) chain. The chain is an Ethereum L2 built on Polygon’s chain development kit and is also the first chain to integratePolygon’s AggLayer, a layer to seamlessly connect chains together for unified liquidity.\nOther Product Launches and Updates\n• ETH-basedstablecoinprotocol,Ethena Labs integrates with modular L2, Manta Network, to bring USDe to the chain. In the same week, Ethena Labs also integrated with Cosmos-based chain,Injective.\n• The Fraxtal Bridge for Frax Finance’s L2, Fraxtal, is now live. Users can now bridge ETH,FRAX,frxETHand other assets from Ethereum to the Fraxtal mainnet.\n• Perpetualstrading platform,Kwenta, launches Perps V3, which brings to the platformUSDCsupport,cross-margin, better pricing viaPyth’soraclesand support for Coinbase’s L2,Base.\n• Cross-chaindecentralized exchange(DEX),WooFi, has been exploited on Arbitrum, via the WooFi Swap feature, resulting in $8.75 million in losses. The team has halted the product temporarily and all other products are marked as safe to use.\n• Perpetuals DEX,IntentX, releases their latest feature,stop lossand take profit orders, granting trades better control over their orders.\n• Cross-chainmoney marketplatform,Pike Finance, announces the Pike PIU Program (PPP), allowing users to earn the PIU token by lending, borrowing or holding these positions on Pike. Holding the PIU token grants benefits such as whitelist slots for the upcoming PIKE token sale among others.\n• Real-world asset(RWA)tokenizationplatform,Tangible DAO, announces the development of their very own L2, Real, a chain dedicated to RWA tokenization built on Arbitrum Orbit.\nSolanaDEX aggregator, Jupiter, launches their voting platform, enabling JUP token holders to stake their JUP tokens for voting power. Unstaking tokens will require 30 days, with decreasing voting power assigned to tokens that are unstaking. All votes will receive incentives which are derived from launchpad fees.\nSolana liquid staking protocol, Jito, suspends their mempool product offered through the Jito Block engine, in a bid to reduce the negative impact on the average Solana user due tosandwich attacksexecuted through this service.\nSolana money market platform, Kamino Finance, announces the date for their upcomingsnapshoton 31st March, with the genesis token launch coming in April. The token is expected to be utilized for governance, to determine incentive programs, revenue allocation and decisions surrounding risk management and operations.\nInjective launches inEVM, a rollup built on Injective but fully compatible with the EVM. This enables Ethereum-based developers to build applications on inEVM while leveraging the high speeds of Injective. InEVM was designed in collaboration with rollup provider Caldera, supported by Hyperlane andLayerZero.\nNIM Network, the first RollApp to launch on Dymension, introduces itself. NIM Network is a RollApp focused on the intersection of crypto and gaming, powered by Dymension and leveragingCelestiafordata availability.\nInteroperabilityinfrastructure layer, Wormhole, releases the eligibility checker for the W tokenairdrop. Users who have utilized cross-chainbridgessupported by Wormhole will be eligible for the airdrop.\nOptionand perpetuals DEX, Aevo, will be launching their token on March 13th, with an airdrop to users who qualified as part of their Farming Program which has been ongoing for the past month.\nAutomated chain deployment protocol, Saga, opens up claims for the SAGA token airdrop. Eligible users includeAvalanche, Celestia, Cosmos and Polygon stakers, as well as community participants and winners of their past game tournaments.\nGambleFi protocol, Shuffle, releases the airdrop allocation for eligible users of the SHFL airdrop. Users who have wagered on the platform since its launch will qualify for the airdrop. The token will be open for claiming after the token sale.\nAs every coin rebrands into an AI coin, Qiao Wang of AllianceDAO reminds us that while we can capitalize on and trade these worthless AI coins, we must remain aware of what game we are playing: the AI trade or thememecointrade.\nStay updated on your favorite projects and stay tuned for next week’s edition, and keep supporting your favorite projects,degens!', '• The leading cryptocurrency topped $71,000, while ether crossed $4,000.\n• The U.K.\'s FCA removed objections to crypto-based ETNs, opening the gates for more institutional involvement in crypto.\n• The Bank of Japan could lift the benchmark interest rate above zero this month.\nBitcoin {{BTC}} crossed $71,000 for the first time ever during the Asian trading hours on Monday.\nThe leading cryptocurrency has been steadily rising since the approval of the spot bitcoin exchange-traded funds in the U.S. The token crossed $70,000 for the first time ever last week. Ether {{ETH}} also crossed $4,000 on Monday. Meanwhile, the broader CoinDesk 20 index (CD20) jumped nearly 1%.\nThe rally has lifted the annualized three-month futures premium on major exchanges, including Binance, to above 25%. The elevated premium could attractcash and carry traders, boosting overall market liquidity.\nFounders of newsletter service LondonCryptoClub attributed the price rise to the London Stock Exchange’s decision to accept applications for bitcoin and ether exchange-traded notes (ETNs) and the illiquid Asian market conditions.\n"It’s a confluence of factors. Asia is buying in an illiquid market coupled with continued positive news, with the London Stock Exchange just announcing it will take applications for BTC and ETH ETNs. The powerful demand-supply dynamic from the BTC ETFs continues unabated," founders said.\n"Meanwhile, the macro, wh **Last 60 Days of Bitcoin's Closing Prices:** [46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-11 **Financial & Commodity Data:** - Gold Closing Price: $2182.50 - Crude Oil Closing Price: $77.93 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,410,981,645,031 - Hash Rate: 670577060.7929822 - Transaction Count: 394098.0 - Unique Addresses: 684136.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.82 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Niket Nishant and Pritam Biswas Feb 29 (Reuters) - Bank of America's Merrill Lynch has been offering spot bitcoin exchange-traded funds to eligible wealth management clients, a source familiar with the matter said on Thursday, highlighting the growing popularity of the asset class. The ETFs have been available to clients for weeks, the source told Reuters, coming on the heels of the Securities and Exchange Commission's (SEC) landmark approval of such investment vehicles in January. Spot bitcoin ETFs offer investors exposure to the world's largest cryptocurrency without directly holding it. After a decade-long tussle with the SEC, eleven such ETFs started trading in the United States last month. The ETFs have opened up the asset class to new investors and reignited the excitement that had evaporated when prices collapsed in the "crypto winter" of 2022. The growing popularity of such investments has even prompted some investors to swap out holdings in gold-backed ETFs. Bitcoin is often touted as the "digital gold". "We remain convinced that bitcoin is on an 18-month path to $150,000 led by unprecedented institutional adoption," Bernstein analyst Gautam Chhugani said earlier this week. Bitcoin on Wednesday hit $60,000 for the first time in more than two years. Bloomberg Law reported the news earlier in the day. Its report said Wells Fargo's brokerage division is also offering access to the ETFs. Wells Fargo did not immediately respond to a Reuters request for comment. In contrast, Vanguard — the largest provider of mutual funds — said it has no plans to make spot bitcoin ETFs available on its platform to its brokerage clients. (Reporting by Pritam Biswas and Niket Nishant in Bengaluru; Editing by Shilpi Majumdar)... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39
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:** ['Cathie Wood, CEO of the investment firm ARK Invest, has significantly increased her bullish outlook onBitcoin\'s price trajectory. In a recent interview, sherevealedthat ARK has "brought forward" its previous $1 million price target for Bitcoin by 2030. Wood attributes this shift to the recent approval of spot Bitcoin ETFs in the United States. The surge in interest and investment potential unlocked by these ETFs has prompted ARK to re-evaluate Bitcoin\'s future.\n"That target...it was before the SEC gave us the green light," Wood explained, referring to the Securities and Exchange Commission\'s approval of spot Bitcoin ETFs. "And I think that was a major milestone, and it has pulled forward the timeline."\nWhile Bitcoin has already seen significant price appreciation, Wood believes the party is just getting started. Major financial institutions, like Morgan Stanley or Bank of America, have yet to fully embrace Bitcoin, according to Wood. "No platform has approved Bitcoin yet," she said. "So all of this price action has happened before they approve it, and so we haven\'t even begun."\nThis lack of mainstream institutional involvement suggests even more significant price increases are on the horizon. Wood hinted at a revised price target "well above" $1 million by 2030, but declined to provide a specific figure.', 'Cathie Wood, CEO of the investment firm ARK Invest, has significantly increased her bullish outlook onBitcoin\'s price trajectory. In a recent interview, sherevealedthat ARK has "brought forward" its previous $1 million price target for Bitcoin by 2030. Wood attributes this shift to the recent approval of spot Bitcoin ETFs in the United States. The surge in interest and investment potential unlocked by these ETFs has prompted ARK to re-evaluate Bitcoin\'s future.\n"That target...it was before the SEC gave us the green light," Wood explained, referring to the Securities and Exchange Commission\'s approval of spot Bitcoin ETFs. "And I think that was a major milestone, and it has pulled forward the timeline."\nWhile Bitcoin has already seen significant price appreciation, Wood believes the party is just getting started. Major financial institutions, like Morgan Stanley or Bank of America, have yet to fully embrace Bitcoin, according to Wood. "No platform has approved Bitcoin yet," she said. "So all of this price action has happened before they approve it, and so we haven\'t even begun."\nThis lack of mainstream institutional involvement suggests even more significant price increases are on the horizon. Wood hinted at a revised price target "well above" $1 million by 2030, but declined to provide a specific figure.', 'Jupiter Exchangeintroducesstakingandgovernancefor their token, JUP, whileJito Labsdrops themempooloffering from their product lineup, citing negative externalities toSolanausers. In theCosmos, Nim Network announces the first RollApp to deploy on theDymensionRollApp network.\nTotal Value Locked(TVL) across all chains show no signs of slowing their climb, after closing the fourth positive consecutive week asBitcoinbreaks itsall-time high. Notable outperformers to the trend includeBlur’sL2chain,Blast, and alt-L1chain,Near, which saw TVL increases of 258% and 114% respectively.\nSource:https://coinmarketcap.com/chain-ranking/\nMetaQuant covers the parallels and comparisons between the Gold ETF and the BitcoinETF, how well the Bitcoin ETFs have done and where we can expect the BTC price to move from here based on gold’s historical performance.\nLeverageprotocol,Gearbox, announces their latest product, leveragedUSDeandsUSDe, allowing depositors to take on leverage to earn up to 90x Ethena Labs’ Shards. Deposits will open on 11th March.\nOther Product Launches and Updates\n• Redacted Cartel partners up with interoperability layer, LayerZero, enabling thecross-chaintransfer of theirETHliquid staking token, pxETH, betweenArbitrum,Optimismand theBNB Smart Chain.\nStarkNet-based DeFi suite, Nostra, unveils stSTRK, aliquid stakingtoken for the STRK token. Users can now stake their STRK to receive stSTRK, which allows them to earn points on Nostra as well as claim future staking rewards when StarkNet launches their native staking mechanism.\nAstar Networkofficially launches the Astarzero-knowledgeEthereum Virtual Machine(zkEVM) chain. The chain is an Ethereum L2 built on Polygon’s chain development kit and is also the first chain to integratePolygon’s AggLayer, a layer to seamlessly connect chains together for unified liquidity.\nOther Product Launches and Updates\n• ETH-basedstablecoinprotocol,Ethena Labs integrates with modular L2, Manta Network, to bring USDe to the chain. In the same week, Ethena Labs also integrated with Cosmos-based chain,Injective.\n• The Fraxtal Bridge for Frax Finance’s L2, Fraxtal, is now live. Users can now bridge ETH,FRAX,frxETHand other assets from Ethereum to the Fraxtal mainnet.\n• Perpetualstrading platform,Kwenta, launches Perps V3, which brings to the platformUSDCsupport,cross-margin, better pricing viaPyth’soraclesand support for Coinbase’s L2,Base.\n• Cross-chaindecentralized exchange(DEX),WooFi, has been exploited on Arbitrum, via the WooFi Swap feature, resulting in $8.75 million in losses. The team has halted the product temporarily and all other products are marked as safe to use.\n• Perpetuals DEX,IntentX, releases their latest feature,stop lossand take profit orders, granting trades better control over their orders.\n• Cross-chainmoney marketplatform,Pike Finance, announces the Pike PIU Program (PPP), allowing users to earn the PIU token by lending, borrowing or holding these positions on Pike. Holding the PIU token grants benefits such as whitelist slots for the upcoming PIKE token sale among others.\n• Real-world asset(RWA)tokenizationplatform,Tangible DAO, announces the development of their very own L2, Real, a chain dedicated to RWA tokenization built on Arbitrum Orbit.\nSolanaDEX aggregator, Jupiter, launches their voting platform, enabling JUP token holders to stake their JUP tokens for voting power. Unstaking tokens will require 30 days, with decreasing voting power assigned to tokens that are unstaking. All votes will receive incentives which are derived from launchpad fees.\nSolana liquid staking protocol, Jito, suspends their mempool product offered through the Jito Block engine, in a bid to reduce the negative impact on the average Solana user due tosandwich attacksexecuted through this service.\nSolana money market platform, Kamino Finance, announces the date for their upcomingsnapshoton 31st March, with the genesis token launch coming in April. The token is expected to be utilized for governance, to determine incentive programs, revenue allocation and decisions surrounding risk management and operations.\nInjective launches inEVM, a rollup built on Injective but fully compatible with the EVM. This enables Ethereum-based developers to build applications on inEVM while leveraging the high speeds of Injective. InEVM was designed in collaboration with rollup provider Caldera, supported by Hyperlane andLayerZero.\nNIM Network, the first RollApp to launch on Dymension, introduces itself. NIM Network is a RollApp focused on the intersection of crypto and gaming, powered by Dymension and leveragingCelestiafordata availability.\nInteroperabilityinfrastructure layer, Wormhole, releases the eligibility checker for the W tokenairdrop. Users who have utilized cross-chainbridgessupported by Wormhole will be eligible for the airdrop.\nOptionand perpetuals DEX, Aevo, will be launching their token on March 13th, with an airdrop to users who qualified as part of their Farming Program which has been ongoing for the past month.\nAutomated chain deployment protocol, Saga, opens up claims for the SAGA token airdrop. Eligible users includeAvalanche, Celestia, Cosmos and Polygon stakers, as well as community participants and winners of their past game tournaments.\nGambleFi protocol, Shuffle, releases the airdrop allocation for eligible users of the SHFL airdrop. Users who have wagered on the platform since its launch will qualify for the airdrop. The token will be open for claiming after the token sale.\nAs every coin rebrands into an AI coin, Qiao Wang of AllianceDAO reminds us that while we can capitalize on and trade these worthless AI coins, we must remain aware of what game we are playing: the AI trade or thememecointrade.\nStay updated on your favorite projects and stay tuned for next week’s edition, and keep supporting your favorite projects,degens!', '• The leading cryptocurrency topped $71,000, while ether crossed $4,000.\n• The U.K.\'s FCA removed objections to crypto-based ETNs, opening the gates for more institutional involvement in crypto.\n• The Bank of Japan could lift the benchmark interest rate above zero this month.\nBitcoin {{BTC}} crossed $71,000 for the first time ever during the Asian trading hours on Monday.\nThe leading cryptocurrency has been steadily rising since the approval of the spot bitcoin exchange-traded funds in the U.S. The token crossed $70,000 for the first time ever last week. Ether {{ETH}} also crossed $4,000 on Monday. Meanwhile, the broader CoinDesk 20 index (CD20) jumped nearly 1%.\nThe rally has lifted the annualized three-month futures premium on major exchanges, including Binance, to above 25%. The elevated premium could attractcash and carry traders, boosting overall market liquidity.\nFounders of newsletter service LondonCryptoClub attributed the price rise to the London Stock Exchange’s decision to accept applications for bitcoin and ether exchange-traded notes (ETNs) and the illiquid Asian market conditions.\n"It’s a confluence of factors. Asia is buying in an illiquid market coupled with continued positive news, with the London Stock Exchange just announcing it will take applications for BTC and ETH ETNs. The powerful demand-supply dynamic from the BTC ETFs continues unabated," founders said.\n"Meanwhile, the macro, wh **Last 60 Days of Bitcoin's Closing Prices:** [46368.59, 42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-11 **Financial & Commodity Data:** - Gold Closing Price: $2182.50 - Crude Oil Closing Price: $77.93 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,410,981,645,031 - Hash Rate: 670577060.7929822 - Transaction Count: 394098.0 - Unique Addresses: 684136.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.82 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Niket Nishant and Pritam Biswas Feb 29 (Reuters) - Bank of America's Merrill Lynch has been offering spot bitcoin exchange-traded funds to eligible wealth management clients, a source familiar with the matter said on Thursday, highlighting the growing popularity of the asset class. The ETFs have been available to clients for weeks, the source told Reuters, coming on the heels of the Securities and Exchange Commission's (SEC) landmark approval of such investment vehicles in January. Spot bitcoin ETFs offer investors exposure to the world's largest cryptocurrency without directly holding it. After a decade-long tussle with the SEC, eleven such ETFs started trading in the United States last month. The ETFs have opened up the asset class to new investors and reignited the excitement that had evaporated when prices collapsed in the "crypto winter" of 2022. The growing popularity of such investments has even prompted some investors to swap out holdings in gold-backed ETFs. Bitcoin is often touted as the "digital gold". "We remain convinced that bitcoin is on an 18-month path to $150,000 led by unprecedented institutional adoption," Bernstein analyst Gautam Chhugani said earlier this week. Bitcoin on Wednesday hit $60,000 for the first time in more than two years. Bloomberg Law reported the news earlier in the day. Its report said Wells Fargo's brokerage division is also offering access to the ETFs. Wells Fargo did not immediately respond to a Reuters request for comment. In contrast, Vanguard — the largest provider of mutual funds — said it has no plans to make spot bitcoin ETFs available on its platform to its brokerage clients. (Reporting by Pritam Biswas and Niket Nishant in Bengaluru; Editing by Shilpi Majumdar)... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Thanks to the meteoric rise ofcryptocurrencies– particularly Bitcoin’s (BTC-USD) freshly inked all-time high – it was inevitable that exchange and digital wallet service Coinbase (NASDAQ:COIN) would enjoy downwind benefits. However, as its own business entity, Coinbase features its own distinct risk-reward profile. As such, a short-term trading approach may be preferable as investors ride this wave. I lean bullish on COIN stock based on the data.\nUndeniably, COIN stock has been a strong asset for bullish speculators. Since the beginning of the year, shares have gained almost 64%. Over the past 52 weeks,they gained nearly 330%, a remarkable ascent. Obviously, the optimism aligns with the underlying cryptocurrency market.\nAs an accessible platform, Coinbase is effectively the gateway for everyday investors to participate in the crypto narrative. Because of its custodial nature, the company helps to mitigate some of the harsh pain points of the crypto ecosystem, including lost passwords that have locked out people from millions of dollars worth of crypto riches.\nStill, virtual currencies suffer from an ongoing legislative question about how to regulate them. Further, crypto exchanges can just implode overnight. Without regulation, there is no protection—and that, of course, frightens prospective crypto investors. So, COIN stock offers an alternative, thanks to its general correlation with the blockchain ecosystem.\nGenerally, I believe in this narrative. However, I would also be remiss not to point out some concerns about COIN stock.\nFirst and foremost, Coinbase is its own business. And that means that even if cryptos soar to even more blistering heights, if Coinbase incurs problems unique to the organization, then COIN stock is liable to “break” the positive correlation.\nSecond,legal questionshang over the company, even if the blockchain space enjoyed a major win with the approval ofspot Bitcoin ETFs. Therefore, during some cycles, COIN stock might not reliably correlate with the crypto market.\nThird, TipRanks currently notes that itsInsider Confidence Signalsits at “negative.” Most conspicuously, Coinbase Chairman and CEO Brian Armstrong placed an Informative Sell on COIN stock last month. To be fair, executives sell their shares for a variety of reasons, many of them mundane. Nevertheless, the move may raise some ambiguity over COIN’s future trajectory.\nFor those investors who want to participate in COIN stock but are unsure about making a long-term commitment, a short-term approach may be preferable. Two main advantages exist for this line of thinking.\nFirst, traders focus on the immediate sentiment of the market without getting bogged down with wider fundamental issues. Second, the exposure is limited in case of severe volatility: this is a quick-in, quick-out approach rather than a buy-hold-hope approach.\nTo get the most out of COIN stock for short-term trading, investors may want to consider conditional probability analyses — that is, probabilities calculated on the basis of another event occurring.\nThere are many ways to approach conditional probabilities, but one that I find helpful with COIN stock is trading based on whether the opening price of a session is above or below the prior session’s closing price. Between October 2 and March 8, there have been 110 sessions, with 52 sessions seeing the opening price in the red.\nAmong the 52 sessions, 30 saw the closing price end up higher than the opening price. That means roughly 58% of the time, based on recent trading dynamics, traders can look for the buy signal (COIN stock opening lower than the prior day’s price) and potentially have better-than-coin-toss odds of winning.\nEven better, during the last five times the “opener-down, closer-up” pattern materialized, COIN stock enjoyed an average same-day return of 2.24%.\nLeveraging this information, traders can plug in key assumptions in an options calculator to determine the prospective trade’s viability. As well, they can input hypothetical downside price targets to understand the possible risks and rewards.\nAround April 19, Bitcoin will undergo what’s known as ahalving event. To make a long story short, the rewards for mining the cryptocurrency will be halved. Theoretically, this event should negatively impact supply against a hot commodity. That should be bullish on paper.\nNevertheless, there’s also the fear of “buy the rumor, sell the news.” It’s quite possible that after the halving, cryptos could sharply correct. Interestingly, the put/call volume ratio forCOIN stock optionsspiked to 3.19 for derivatives expiring on April 26.\nSo, word to the wise: the crypto market may continue to undergird an upward bias in COIN stock up until the halving. After the event, there may be some near-term choppiness or outright volatility.\nTurning to Wall Street, COIN stock has a Hold consensus rating based on nine Buys, nine Holds, and five Sell ratings. Theaverage COIN stock price targetis $182.95, implying 28% downside risk.\nWith cryptocurrencies soaring, COIN stock has ridden the sector’s coattails. The data is clear about that. However, outside fundamentals present some questions about buying and holding Coinbase shares. To mitigate these concerns, traders may consider a short-term approach by exploiting the upward bias in the security.\nDisclosure', "BEIJING (AP) — Shares were mostly higher in Asia on Tuesday ahead of a report on inflation in the U.S. that could sway the Federal Reserve’s timing on cutting interest rates.\nU.S. futures and oil prices were higher.\nJapan's Nikkei 225 lost 0.6% to 38,586.92, retreating further from its recent record highs as expectations build that the central bank will raise its negative benchmark interest rate next month.\nThat speculation has pushed the Japanese yen higher against the U.S. dollar. Early Tuesday, the dollar was trading at 147.40 yen, up from 146.95 yen. Recently the dollar was trading at about 150 yen.\nChinese markets were mixed, with Hong Kong's Hang Seng up 1.2% at 16,781.91, while the Shanghai Composite index slipped 0.4% to 3,056.35.\nElsewhere in Asia, the S&P/ASX 200 edged 0.1% higher to 7,712.20. South Korea's Kospi advanced 04% to 2,671.26.\nOn Monday, the S&P 500 slipped 0.1% to 5,117.94, remaining near its all-time high set Thursday.\nPrices have been buoyed by expectations that cuts to interest rates are coming this year and by signals that the economy remainsremarkably resilient.\nThe Dow Jones Industrial Average rose 0.1% to 38,769.66 and the Nasdaq composite fell 0.4% to 16,019.27.\nTuesday’s report on prices Americans pay could show inflation remained at 3.1% in February, if economists’ forecasts are correct.\nA month ago,a hotter-than-expected reporton inflation at the consumer level sent financial markets spinning.\nBut the trend for inflation has been mostly downward, cooling toward the Fed’s 2% target from its peak above 9%. Fed Chair Jerome Powell Jerome Powell said last weekthe Fed is “not far”from getting enough confidence about inflation to begin cutting rates. Cuts to the Fed's main interest rate, which is at its highest level since 2001, would relax pressure on the economy and financial system, while goosing investment prices.\nThe general expectation among traders is that the Fed will begin cutting rates in June.\nExpectations for easier interest rates have helped the price of gold rally to a record. When bonds pay less in interest, investors lose out on less income by owning gold instead. Gold for delivery in April ticked up by $3.10 to settle at $2,188.60 per ounce. Gold prices are up about 17% over the last 12 months.\nBitcoin, which proponents sometimes pitch as “digital gold,” also rallied to another record. It rose to nearly $73,000 after sitting below $17,000 at the start of last year. It's more than bounced back from its prior prior peak of nearly $69,000.\nOn Wall Street, Oracle rose 1.5% before it released its latest earnings report after trading finished for the day. Its profit topped analysts' expectations, and its stock rose more in afterhours trading.\nOn the losing end was natural-gas producer EQT, which sank 7.8% for the biggest drop in the S&P 500. It said it will buy Equitrans Midstream and its gas transmission and storage systems in an all-stock deal that values the combined company at $35 billion. Equitrans Midstream rose 1.5%.\nNvidia swung through a shaky day after coming off a 5.5% drop on Friday, which was its worst day since May. Nvidia is still up more than 70% this year after more than tripling last year amid a frenzy on Wall Street around artificial-intelligence technology.\nThe rally has caused Nvidia to swell in size, and it’s become the third-largest stock on Wall Street. That gives its stock movements outsized sway on the S&P 500, and it’s been getting criticism that its stock ran too high, too fast. After flipping earlier between losses and gains, Nvidia's stock dropped 2% to act as one of the heaviest weights on the S&P 500.\nRedditsaid it may raise up to $748 million through the sale of stock to investors on an exchange for the first time. The social media company expects its stock to trade under the “RDDT” ticker symbol.\nIn other trading early Tuesday, U.S. benchmark crude oil was up 15 cents at $78.08 per barrel in electronic trading on the New York Mercantile Exchange. It fell 8 cents to $77.93 per barrel on Monday.\nBrent crude, the international standard, added 18 cents to $82.39 per barrel.\nThe euro rose to $1.0938 from $1.0927.\n___\nAP Business Writers Stan Choe and Matt Ott contributed.", '• US stocks were mostly lower on Monday as investors await a key February inflation report.\n• The February CPI report will be released Tuesday morning, and it will help inform when the Fed might cut interest rates.\n• CPI year-over-year is expected to hit 3.1%, which is just above the Fed\'s long-term 2% target.\nUS stocks traded mostly lower on Monday as investors awaited the release of a **Last 60 Days of Bitcoin's Closing Prices:** [42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-12 **Financial & Commodity Data:** - Gold Closing Price: $2160.40 - Crude Oil Closing Price: $77.56 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,414,829,687,700 - Hash Rate: 556184503.3635911 - Transaction Count: 341867.0 - Unique Addresses: 677201.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.81 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Bitcoin fell below $40,000 for the first time since early December as enthusiasm over the launch of exchange traded funds that directly invest in the largest cryptocurrency ebbs. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Hong Kong Stocks at 36% Discount Show True Depth of China Gloom China Weighs Stock Market Rescue Package Backed by $278 Billion Morgan Stanley, JPMorgan Say Buy the Dip After Treasury Rout Never Trumpers Brace for New Hampshire Shutout The digital currency token fell as much as 5.3% to $39556 as of 2:42 pm in New York on Monday. That’s the lowest since Dec. 4. Smaller tokens like Ether and Solana were down 6.7% and 9.3% respectively. Digital tokens have mostly been on a downward trajectory so far this year after an intense bull-run which saw Bitcoin rising by nearly 160% in 2023, outpacing gold and stocks. Much of that rally was attributed to anticipation of the Securities and Exchange Commission approving launch of spot Bitcoin ETFs in the US. It did so on Jan. 10, allowing almost a dozen issuers to offer spot BTC ETFs. Markets started giving up some of the gains after the SEC’s decision as a sell-the-news trade. Read more: What Are These New Bitcoin ETFs and How Do They Work?: QuickTake The declines were in stark contrast to positive performance elsewhere, with global equities advancing on Monday. Europe’s STOXX index rose 0.7% while Nasdaq 100 up 0.2%, as investors remained optimistic about the US economy’s resilience ahead of fourth-quarter GDP data on Thursday. “We are seeing weakness across all digital assets, as new ETF inflows have so far failed to offset profit-taking by speculative traders on positions put on prior to the announcement,” said Caroline Mauron, chef executive of digital-asset derivatives liquidity provider Orbit Markets. “While $40,000 might be an important psychological level, we don’t expect a break through to trigger a cascade of liquidation here, and see the next support level around $38,000.” Story continues The first week of trading for spot Bitcoin ETFs in the US saw about $6.5 billion in shares change hands, according to a Bloomberg Intelligence note on Friday, much higher than recorded in ETFs pegged to traditional assets. “Market sentiment has slowed down after the ETF listings for certain, and the use of leverage continues to trend lower indicating cautious positions being opened by traders,” Fadi Aboualfa, head of research at Copper Technologies Ltd., said in an email. “Things are shaping up to be very interesting.” --With assistance from Suvashree Ghosh. Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P.... - Reddit Posts (Sample): [['u/InevitableNetwork230', 'Gemini to clarify return of assets and meaning of appreciation', 20, '2024-03-12 00:14', 'https://www.reddit.com/r/Gemini/comments/1bchnh2/gemini_to_clarify_return_of_assets_and_meaning_of/', 'We need explanation from Gemini. Our pending balance is according to the date we moved to withdraw our funds. They do not reflect the interest that should have been paid. Genesis filled for bankruptcy on Jan 20 2023. So our pending balance should at minimum include that portion.\n\nInterest until bankruptcy \\~ 1.4% if you filled early November.\n\nAccounting to the date of this post, we should have gotten 10% interest. Gemini said the put 100M of their money, and my understanding is that Genesis is returning 100% back. We should get the interest appreciation of our funds.\n\nIt is unclear if their post mean we will get our total fund with their appreciation (1BTC -> 1BTC, 1USD -> 1USD), or we will get the total funds plus the interest appreciation (1BTC -> 1.10BTC, 1USD -> 1.10USD)', 'https://www.reddit.com/r/Gemini/comments/1bchnh2/gemini_to_clarify_return_of_assets_and_meaning_of/', '1bchnh2', [['u/Business-Nail6885', 17, '2024-03-12 00:48', 'https://www.reddit.com/r/Gemini/comments/1bchnh2/gemini_to_clarify_return_of_assets_and_meaning_of/kug32su/', "Whatever your pending redemption says includes any interest that you have earned. That is how much you're going to get back. They haven't mentioned anything about retro interest so I'm not expecting it. Appreciations is on your coins. If they are more valuable now than they were when they were taken hostage by Barry Shitbert and the gang, then when you get them back you can sell them for the current market price and that upside is your appreciation. No one can take that from you since we should getting reimbursed in kind. So if you have one Bitcoin coin you get .97 back in a few months and .03 back in another year.", '1bchnh2'], ['u/Anti-Hypertensive', 54, '2024-03-12 01:54', 'https://www.reddit.com/r/Gemini/comments/1bchnh2/gemini_to_clarify_return_of_assets_and_meaning_of/kugdk7w/', "I'm of the mindset that we are lucky to even be getting a portion of our assets back, let alone what amounts to 100% over the next year. This is one of those situations where I just want my money back and to move on from this.", '1bchnh2']]], ['u/meowmeowdj', 'Our BTC HODL alone is now worth more than our entire market cap', 37, '2024-03-12 00:16', 'https://www.reddit.com/r/hut8/comments/1bchpko/our_btc_hodl_alone_is_now_worth_more_than_our/', "9,110 BTC Value = **$662.75 M**\n\nHUT 8 Market Cap = **$629.86\u202fM\u202c**\n\nHODL Value = **105% of the company's value**\n\nDo with this information as you please. I for one, am backing the truck up.", 'https://www.reddit.com/r/hut8/comments/1bchpko/our_btc_hodl_alone_is_now_worth_more_than_our/', '1bchpko', [['u/Theflyingdutchman85', 20, '2024-03-12 00:24', 'https://www.reddit.com/r/hut8/comments/1bchpko/our_btc_hodl_alone_is_now_worth_more_than_our/kufzb2k/', 'I like the stock', '1bchpko'], ['u/Double_Flamingo_4304', 10, '2024-03-12 01:22', 'https://www.reddit.com/r/hut8/comments/1bchpko/our_btc_hodl_alone_is_now_worth_more_than_our/kug8aty/', 'Great time to buy at current prices imo, but what the fuck do I know.', '1bchpko'], ['u/Selfadvisor2023', 13, '2024-03-12 02:30', 'https://www.reddit.com/r/hut8/comments/1bchpko/our_btc_hodl_alone_is_now_worth_more_than_our/kugjdp3/', 'The reason why hodl value > marketcap is the debt, you have to add it to the marketcap or reduce the hodl value with the debt amount. As per what I found it is arround 150millions USD, may be more and with the existing mining machines, not sure if we can have profitability. The 2 previous annoncement of 3,5 EXH in texas and closing of drumhealler site are good to stop losses. Even if they are moving existing machines that’s better than nothing and they have no choice to invest in new sites and buy ne machines in the comming months. Just my opinion, at the current price, it is the best minner to buy.', '1bchpko'], ['u/r66yprometheus', 10, '2024-03-12 02:34', 'https://www.reddit.com/r/hut8/comments/1bchpko/our_btc_hodl_alone_is_now_worth_more_than_our/kugk1u4/', "Once we see the market value of btc on our quarterly, we'll start to see some movement.", '1bchpko']]], ['u/nalydnalydnalyd', 'Are we thinking ETH will bounce off of its ATH in the same way Bitcoin did?', 26, '2024-03-12 00:17', 'https://www.reddit.com/r/ethtrader/comments/1bchq7f/are_we_thinking_eth_will_bounce_off_of_its_ath_in/', 'Bitcoin hit a massive sell wall at its previous ATH and dipped around 7% shortly after last week. Is it a good possibility ETH will do the same around the $4700 mark?', 'https://www.reddit.com/r/ethtrader/comments/1bchq7f/are_we_thinking_eth_will_bounce_off_of_its_ath_in/', '1bchq7f', [['u/rundown03', 11, '2024-03-12 00:38', 'https://www.reddit.com/r/ethtrader/comments/1bchq7f/are_we_thinking_eth_will_bounce_off_of_its_ath_in/kug1hov/', "Wait untill Dencun update hits. It's gonna go through the roof.", '1bchq7f'], ['u/Kappatalizable', 13, '2024-03-12 00:58', 'https://www.reddit.com/r/ethtrader/comments/1bchq7f/are_we_thinking_eth_will_bounce_off_of_its_ath_in/kug4il2/', 'People will take profits and thats expected. We might take a few tries to break it like BTC did...', '1bchq7f'], ['u/Friendly-Airline2426', 25, '2024-03-12 01:06', 'https://www.reddit.com/r/ethtrader/comments/1bchq7f/are_we_thinking_eth_will_bounce_off_of_its_ath_in/kug5wpu/', 'Tech upgrades rarely have a direct impact on the price, though.\n\nBut I guess there’s always a first time.', '1bchq7f']]], ['u/Infamous_Bee_7445', 'I’ve made 400k in the last week on BTC, AMA', 55, '2024-03-12 00:46', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/', 'As title states, through a series of extremely fortunate trades and timing the market, I’ve turned a mere $45k into $400k+ and counting. AMA!', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/', '1bcifrt', [['u/Skillet918', 18, '2024-03-12 00:53', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug3r1g/', 'Neat', '1bcifrt'], ['u/Jacobinister', 14, '2024-03-12 00:57', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug4el6/', 'If after several hundreds of years of maintenance each individual piece of a ship was replaced, one after the other, is it still the same ship?', '1bcifrt'], ['u/Skillet918', 19, '2024-03-12 00:58', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug4k8v/', 'lol are you for real a mod for a sub dedicated to Apple vision porn?\xa0', '1bcifrt'], ['u/i-can-sleep-for-days', 37, '2024-03-12 00:59', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug4s7c/', 'So you gambled? The price didn’t go up 10x last week so you must have leveraged.\n\nThen you come here and gloat because of survivor bias? There are also lots out there that lost just as much on bitcoin then.\n\nAlso, proof or ban. \n\nAlso, unless you sold, paper gains don’t count.', '1bcifrt'], ['u/Infamous_Bee_7445', 60, '2024-03-12 01:01', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug5309/', 'I leveraged yes! I was able to get 4x on coinbase by showing them equity in my family’s home. I have not been able to sell yet, due to a “account verification action required” on my account before the sale, but I will just contact BBB if it doesn’t work out in time and they will help :)', '1bcifrt'], ['u/Skillet918', 57, '2024-03-12 01:04', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug5lx2/', 'Damn you had me till this post, now I’m on to you.\xa0', '1bcifrt'], ['u/blaktronium', 10, '2024-03-12 01:04', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug5ly9/', 'You put your home equity up as collateral for a leveraged market bet?\n\nIf your risk tolerance is that high you can make a lot more than 10x gains gambling on options.', '1bcifrt'], ['u/Fictional-adult', 13, '2024-03-12 01:05', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug5qoc/', '>\xa0due to a “account verification action required” on my account before the sale, but I will just contact BBB if it doesn’t work out in time and they will help :)\n\nWait, now I really can’t tell if you’re actually just making fun of crypto. Is this actually just a meta troll?', '1bcifrt'], ['u/Infamous_Bee_7445', 31, '2024-03-12 01:17', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug7in5/', 'Yes my wife is upset since if it goes wrong my two young kids and her will be on the street or in a generally shittier situation if nothing else, but I’ve told her I can’t possibly stand for them to live in the world where existing fiat currencies exist I’d rather have no house lol', '1bcifrt'], ['u/Golfman74', 27, '2024-03-12 01:17', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug7n11/', 'This is perhaps the funniest thing I’ve read in a while LMAO. The gloat of winning with the nervous awkwardness of the reality of not being able to access said winnings.', '1bcifrt'], ['u/muff-muncher-420', 10, '2024-03-12 01:18', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug7pj2/', 'Nice. Love how you’ve rolled recent crypto events into the troll. Top shelf', '1bcifrt'], ['u/Infamous_Bee_7445', 10, '2024-03-12 01:25', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug8tfg/', 'Hi there! I think it’s important to provide evidence. Far to easy for people to make outlandish claims, so here you [go](http... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76
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:** ['Thanks to the meteoric rise ofcryptocurrencies– particularly Bitcoin’s (BTC-USD) freshly inked all-time high – it was inevitable that exchange and digital wallet service Coinbase (NASDAQ:COIN) would enjoy downwind benefits. However, as its own business entity, Coinbase features its own distinct risk-reward profile. As such, a short-term trading approach may be preferable as investors ride this wave. I lean bullish on COIN stock based on the data.\nUndeniably, COIN stock has been a strong asset for bullish speculators. Since the beginning of the year, shares have gained almost 64%. Over the past 52 weeks,they gained nearly 330%, a remarkable ascent. Obviously, the optimism aligns with the underlying cryptocurrency market.\nAs an accessible platform, Coinbase is effectively the gateway for everyday investors to participate in the crypto narrative. Because of its custodial nature, the company helps to mitigate some of the harsh pain points of the crypto ecosystem, including lost passwords that have locked out people from millions of dollars worth of crypto riches.\nStill, virtual currencies suffer from an ongoing legislative question about how to regulate them. Further, crypto exchanges can just implode overnight. Without regulation, there is no protection—and that, of course, frightens prospective crypto investors. So, COIN stock offers an alternative, thanks to its general correlation with the blockchain ecosystem.\nGenerally, I believe in this narrative. However, I would also be remiss not to point out some concerns about COIN stock.\nFirst and foremost, Coinbase is its own business. And that means that even if cryptos soar to even more blistering heights, if Coinbase incurs problems unique to the organization, then COIN stock is liable to “break” the positive correlation.\nSecond,legal questionshang over the company, even if the blockchain space enjoyed a major win with the approval ofspot Bitcoin ETFs. Therefore, during some cycles, COIN stock might not reliably correlate with the crypto market.\nThird, TipRanks currently notes that itsInsider Confidence Signalsits at “negative.” Most conspicuously, Coinbase Chairman and CEO Brian Armstrong placed an Informative Sell on COIN stock last month. To be fair, executives sell their shares for a variety of reasons, many of them mundane. Nevertheless, the move may raise some ambiguity over COIN’s future trajectory.\nFor those investors who want to participate in COIN stock but are unsure about making a long-term commitment, a short-term approach may be preferable. Two main advantages exist for this line of thinking.\nFirst, traders focus on the immediate sentiment of the market without getting bogged down with wider fundamental issues. Second, the exposure is limited in case of severe volatility: this is a quick-in, quick-out approach rather than a buy-hold-hope approach.\nTo get the most out of COIN stock for short-term trading, investors may want to consider conditional probability analyses — that is, probabilities calculated on the basis of another event occurring.\nThere are many ways to approach conditional probabilities, but one that I find helpful with COIN stock is trading based on whether the opening price of a session is above or below the prior session’s closing price. Between October 2 and March 8, there have been 110 sessions, with 52 sessions seeing the opening price in the red.\nAmong the 52 sessions, 30 saw the closing price end up higher than the opening price. That means roughly 58% of the time, based on recent trading dynamics, traders can look for the buy signal (COIN stock opening lower than the prior day’s price) and potentially have better-than-coin-toss odds of winning.\nEven better, during the last five times the “opener-down, closer-up” pattern materialized, COIN stock enjoyed an average same-day return of 2.24%.\nLeveraging this information, traders can plug in key assumptions in an options calculator to determine the prospective trade’s viability. As well, they can input hypothetical downside price targets to understand the possible risks and rewards.\nAround April 19, Bitcoin will undergo what’s known as ahalving event. To make a long story short, the rewards for mining the cryptocurrency will be halved. Theoretically, this event should negatively impact supply against a hot commodity. That should be bullish on paper.\nNevertheless, there’s also the fear of “buy the rumor, sell the news.” It’s quite possible that after the halving, cryptos could sharply correct. Interestingly, the put/call volume ratio forCOIN stock optionsspiked to 3.19 for derivatives expiring on April 26.\nSo, word to the wise: the crypto market may continue to undergird an upward bias in COIN stock up until the halving. After the event, there may be some near-term choppiness or outright volatility.\nTurning to Wall Street, COIN stock has a Hold consensus rating based on nine Buys, nine Holds, and five Sell ratings. Theaverage COIN stock price targetis $182.95, implying 28% downside risk.\nWith cryptocurrencies soaring, COIN stock has ridden the sector’s coattails. The data is clear about that. However, outside fundamentals present some questions about buying and holding Coinbase shares. To mitigate these concerns, traders may consider a short-term approach by exploiting the upward bias in the security.\nDisclosure', "BEIJING (AP) — Shares were mostly higher in Asia on Tuesday ahead of a report on inflation in the U.S. that could sway the Federal Reserve’s timing on cutting interest rates.\nU.S. futures and oil prices were higher.\nJapan's Nikkei 225 lost 0.6% to 38,586.92, retreating further from its recent record highs as expectations build that the central bank will raise its negative benchmark interest rate next month.\nThat speculation has pushed the Japanese yen higher against the U.S. dollar. Early Tuesday, the dollar was trading at 147.40 yen, up from 146.95 yen. Recently the dollar was trading at about 150 yen.\nChinese markets were mixed, with Hong Kong's Hang Seng up 1.2% at 16,781.91, while the Shanghai Composite index slipped 0.4% to 3,056.35.\nElsewhere in Asia, the S&P/ASX 200 edged 0.1% higher to 7,712.20. South Korea's Kospi advanced 04% to 2,671.26.\nOn Monday, the S&P 500 slipped 0.1% to 5,117.94, remaining near its all-time high set Thursday.\nPrices have been buoyed by expectations that cuts to interest rates are coming this year and by signals that the economy remainsremarkably resilient.\nThe Dow Jones Industrial Average rose 0.1% to 38,769.66 and the Nasdaq composite fell 0.4% to 16,019.27.\nTuesday’s report on prices Americans pay could show inflation remained at 3.1% in February, if economists’ forecasts are correct.\nA month ago,a hotter-than-expected reporton inflation at the consumer level sent financial markets spinning.\nBut the trend for inflation has been mostly downward, cooling toward the Fed’s 2% target from its peak above 9%. Fed Chair Jerome Powell Jerome Powell said last weekthe Fed is “not far”from getting enough confidence about inflation to begin cutting rates. Cuts to the Fed's main interest rate, which is at its highest level since 2001, would relax pressure on the economy and financial system, while goosing investment prices.\nThe general expectation among traders is that the Fed will begin cutting rates in June.\nExpectations for easier interest rates have helped the price of gold rally to a record. When bonds pay less in interest, investors lose out on less income by owning gold instead. Gold for delivery in April ticked up by $3.10 to settle at $2,188.60 per ounce. Gold prices are up about 17% over the last 12 months.\nBitcoin, which proponents sometimes pitch as “digital gold,” also rallied to another record. It rose to nearly $73,000 after sitting below $17,000 at the start of last year. It's more than bounced back from its prior prior peak of nearly $69,000.\nOn Wall Street, Oracle rose 1.5% before it released its latest earnings report after trading finished for the day. Its profit topped analysts' expectations, and its stock rose more in afterhours trading.\nOn the losing end was natural-gas producer EQT, which sank 7.8% for the biggest drop in the S&P 500. It said it will buy Equitrans Midstream and its gas transmission and storage systems in an all-stock deal that values the combined company at $35 billion. Equitrans Midstream rose 1.5%.\nNvidia swung through a shaky day after coming off a 5.5% drop on Friday, which was its worst day since May. Nvidia is still up more than 70% this year after more than tripling last year amid a frenzy on Wall Street around artificial-intelligence technology.\nThe rally has caused Nvidia to swell in size, and it’s become the third-largest stock on Wall Street. That gives its stock movements outsized sway on the S&P 500, and it’s been getting criticism that its stock ran too high, too fast. After flipping earlier between losses and gains, Nvidia's stock dropped 2% to act as one of the heaviest weights on the S&P 500.\nRedditsaid it may raise up to $748 million through the sale of stock to investors on an exchange for the first time. The social media company expects its stock to trade under the “RDDT” ticker symbol.\nIn other trading early Tuesday, U.S. benchmark crude oil was up 15 cents at $78.08 per barrel in electronic trading on the New York Mercantile Exchange. It fell 8 cents to $77.93 per barrel on Monday.\nBrent crude, the international standard, added 18 cents to $82.39 per barrel.\nThe euro rose to $1.0938 from $1.0927.\n___\nAP Business Writers Stan Choe and Matt Ott contributed.", '• US stocks were mostly lower on Monday as investors await a key February inflation report.\n• The February CPI report will be released Tuesday morning, and it will help inform when the Fed might cut interest rates.\n• CPI year-over-year is expected to hit 3.1%, which is just above the Fed\'s long-term 2% target.\nUS stocks traded mostly lower on Monday as investors awaited the release of a **Last 60 Days of Bitcoin's Closing Prices:** [42853.17, 42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-12 **Financial & Commodity Data:** - Gold Closing Price: $2160.40 - Crude Oil Closing Price: $77.56 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,414,829,687,700 - Hash Rate: 556184503.3635911 - Transaction Count: 341867.0 - Unique Addresses: 677201.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.81 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Bitcoin fell below $40,000 for the first time since early December as enthusiasm over the launch of exchange traded funds that directly invest in the largest cryptocurrency ebbs. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Hong Kong Stocks at 36% Discount Show True Depth of China Gloom China Weighs Stock Market Rescue Package Backed by $278 Billion Morgan Stanley, JPMorgan Say Buy the Dip After Treasury Rout Never Trumpers Brace for New Hampshire Shutout The digital currency token fell as much as 5.3% to $39556 as of 2:42 pm in New York on Monday. That’s the lowest since Dec. 4. Smaller tokens like Ether and Solana were down 6.7% and 9.3% respectively. Digital tokens have mostly been on a downward trajectory so far this year after an intense bull-run which saw Bitcoin rising by nearly 160% in 2023, outpacing gold and stocks. Much of that rally was attributed to anticipation of the Securities and Exchange Commission approving launch of spot Bitcoin ETFs in the US. It did so on Jan. 10, allowing almost a dozen issuers to offer spot BTC ETFs. Markets started giving up some of the gains after the SEC’s decision as a sell-the-news trade. Read more: What Are These New Bitcoin ETFs and How Do They Work?: QuickTake The declines were in stark contrast to positive performance elsewhere, with global equities advancing on Monday. Europe’s STOXX index rose 0.7% while Nasdaq 100 up 0.2%, as investors remained optimistic about the US economy’s resilience ahead of fourth-quarter GDP data on Thursday. “We are seeing weakness across all digital assets, as new ETF inflows have so far failed to offset profit-taking by speculative traders on positions put on prior to the announcement,” said Caroline Mauron, chef executive of digital-asset derivatives liquidity provider Orbit Markets. “While $40,000 might be an important psychological level, we don’t expect a break through to trigger a cascade of liquidation here, and see the next support level around $38,000.” Story continues The first week of trading for spot Bitcoin ETFs in the US saw about $6.5 billion in shares change hands, according to a Bloomberg Intelligence note on Friday, much higher than recorded in ETFs pegged to traditional assets. “Market sentiment has slowed down after the ETF listings for certain, and the use of leverage continues to trend lower indicating cautious positions being opened by traders,” Fadi Aboualfa, head of research at Copper Technologies Ltd., said in an email. “Things are shaping up to be very interesting.” --With assistance from Suvashree Ghosh. Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P.... - Reddit Posts (Sample): [['u/InevitableNetwork230', 'Gemini to clarify return of assets and meaning of appreciation', 20, '2024-03-12 00:14', 'https://www.reddit.com/r/Gemini/comments/1bchnh2/gemini_to_clarify_return_of_assets_and_meaning_of/', 'We need explanation from Gemini. Our pending balance is according to the date we moved to withdraw our funds. They do not reflect the interest that should have been paid. Genesis filled for bankruptcy on Jan 20 2023. So our pending balance should at minimum include that portion.\n\nInterest until bankruptcy \\~ 1.4% if you filled early November.\n\nAccounting to the date of this post, we should have gotten 10% interest. Gemini said the put 100M of their money, and my understanding is that Genesis is returning 100% back. We should get the interest appreciation of our funds.\n\nIt is unclear if their post mean we will get our total fund with their appreciation (1BTC -> 1BTC, 1USD -> 1USD), or we will get the total funds plus the interest appreciation (1BTC -> 1.10BTC, 1USD -> 1.10USD)', 'https://www.reddit.com/r/Gemini/comments/1bchnh2/gemini_to_clarify_return_of_assets_and_meaning_of/', '1bchnh2', [['u/Business-Nail6885', 17, '2024-03-12 00:48', 'https://www.reddit.com/r/Gemini/comments/1bchnh2/gemini_to_clarify_return_of_assets_and_meaning_of/kug32su/', "Whatever your pending redemption says includes any interest that you have earned. That is how much you're going to get back. They haven't mentioned anything about retro interest so I'm not expecting it. Appreciations is on your coins. If they are more valuable now than they were when they were taken hostage by Barry Shitbert and the gang, then when you get them back you can sell them for the current market price and that upside is your appreciation. No one can take that from you since we should getting reimbursed in kind. So if you have one Bitcoin coin you get .97 back in a few months and .03 back in another year.", '1bchnh2'], ['u/Anti-Hypertensive', 54, '2024-03-12 01:54', 'https://www.reddit.com/r/Gemini/comments/1bchnh2/gemini_to_clarify_return_of_assets_and_meaning_of/kugdk7w/', "I'm of the mindset that we are lucky to even be getting a portion of our assets back, let alone what amounts to 100% over the next year. This is one of those situations where I just want my money back and to move on from this.", '1bchnh2']]], ['u/meowmeowdj', 'Our BTC HODL alone is now worth more than our entire market cap', 37, '2024-03-12 00:16', 'https://www.reddit.com/r/hut8/comments/1bchpko/our_btc_hodl_alone_is_now_worth_more_than_our/', "9,110 BTC Value = **$662.75 M**\n\nHUT 8 Market Cap = **$629.86\u202fM\u202c**\n\nHODL Value = **105% of the company's value**\n\nDo with this information as you please. I for one, am backing the truck up.", 'https://www.reddit.com/r/hut8/comments/1bchpko/our_btc_hodl_alone_is_now_worth_more_than_our/', '1bchpko', [['u/Theflyingdutchman85', 20, '2024-03-12 00:24', 'https://www.reddit.com/r/hut8/comments/1bchpko/our_btc_hodl_alone_is_now_worth_more_than_our/kufzb2k/', 'I like the stock', '1bchpko'], ['u/Double_Flamingo_4304', 10, '2024-03-12 01:22', 'https://www.reddit.com/r/hut8/comments/1bchpko/our_btc_hodl_alone_is_now_worth_more_than_our/kug8aty/', 'Great time to buy at current prices imo, but what the fuck do I know.', '1bchpko'], ['u/Selfadvisor2023', 13, '2024-03-12 02:30', 'https://www.reddit.com/r/hut8/comments/1bchpko/our_btc_hodl_alone_is_now_worth_more_than_our/kugjdp3/', 'The reason why hodl value > marketcap is the debt, you have to add it to the marketcap or reduce the hodl value with the debt amount. As per what I found it is arround 150millions USD, may be more and with the existing mining machines, not sure if we can have profitability. The 2 previous annoncement of 3,5 EXH in texas and closing of drumhealler site are good to stop losses. Even if they are moving existing machines that’s better than nothing and they have no choice to invest in new sites and buy ne machines in the comming months. Just my opinion, at the current price, it is the best minner to buy.', '1bchpko'], ['u/r66yprometheus', 10, '2024-03-12 02:34', 'https://www.reddit.com/r/hut8/comments/1bchpko/our_btc_hodl_alone_is_now_worth_more_than_our/kugk1u4/', "Once we see the market value of btc on our quarterly, we'll start to see some movement.", '1bchpko']]], ['u/nalydnalydnalyd', 'Are we thinking ETH will bounce off of its ATH in the same way Bitcoin did?', 26, '2024-03-12 00:17', 'https://www.reddit.com/r/ethtrader/comments/1bchq7f/are_we_thinking_eth_will_bounce_off_of_its_ath_in/', 'Bitcoin hit a massive sell wall at its previous ATH and dipped around 7% shortly after last week. Is it a good possibility ETH will do the same around the $4700 mark?', 'https://www.reddit.com/r/ethtrader/comments/1bchq7f/are_we_thinking_eth_will_bounce_off_of_its_ath_in/', '1bchq7f', [['u/rundown03', 11, '2024-03-12 00:38', 'https://www.reddit.com/r/ethtrader/comments/1bchq7f/are_we_thinking_eth_will_bounce_off_of_its_ath_in/kug1hov/', "Wait untill Dencun update hits. It's gonna go through the roof.", '1bchq7f'], ['u/Kappatalizable', 13, '2024-03-12 00:58', 'https://www.reddit.com/r/ethtrader/comments/1bchq7f/are_we_thinking_eth_will_bounce_off_of_its_ath_in/kug4il2/', 'People will take profits and thats expected. We might take a few tries to break it like BTC did...', '1bchq7f'], ['u/Friendly-Airline2426', 25, '2024-03-12 01:06', 'https://www.reddit.com/r/ethtrader/comments/1bchq7f/are_we_thinking_eth_will_bounce_off_of_its_ath_in/kug5wpu/', 'Tech upgrades rarely have a direct impact on the price, though.\n\nBut I guess there’s always a first time.', '1bchq7f']]], ['u/Infamous_Bee_7445', 'I’ve made 400k in the last week on BTC, AMA', 55, '2024-03-12 00:46', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/', 'As title states, through a series of extremely fortunate trades and timing the market, I’ve turned a mere $45k into $400k+ and counting. AMA!', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/', '1bcifrt', [['u/Skillet918', 18, '2024-03-12 00:53', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug3r1g/', 'Neat', '1bcifrt'], ['u/Jacobinister', 14, '2024-03-12 00:57', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug4el6/', 'If after several hundreds of years of maintenance each individual piece of a ship was replaced, one after the other, is it still the same ship?', '1bcifrt'], ['u/Skillet918', 19, '2024-03-12 00:58', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug4k8v/', 'lol are you for real a mod for a sub dedicated to Apple vision porn?\xa0', '1bcifrt'], ['u/i-can-sleep-for-days', 37, '2024-03-12 00:59', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug4s7c/', 'So you gambled? The price didn’t go up 10x last week so you must have leveraged.\n\nThen you come here and gloat because of survivor bias? There are also lots out there that lost just as much on bitcoin then.\n\nAlso, proof or ban. \n\nAlso, unless you sold, paper gains don’t count.', '1bcifrt'], ['u/Infamous_Bee_7445', 60, '2024-03-12 01:01', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug5309/', 'I leveraged yes! I was able to get 4x on coinbase by showing them equity in my family’s home. I have not been able to sell yet, due to a “account verification action required” on my account before the sale, but I will just contact BBB if it doesn’t work out in time and they will help :)', '1bcifrt'], ['u/Skillet918', 57, '2024-03-12 01:04', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug5lx2/', 'Damn you had me till this post, now I’m on to you.\xa0', '1bcifrt'], ['u/blaktronium', 10, '2024-03-12 01:04', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug5ly9/', 'You put your home equity up as collateral for a leveraged market bet?\n\nIf your risk tolerance is that high you can make a lot more than 10x gains gambling on options.', '1bcifrt'], ['u/Fictional-adult', 13, '2024-03-12 01:05', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug5qoc/', '>\xa0due to a “account verification action required” on my account before the sale, but I will just contact BBB if it doesn’t work out in time and they will help :)\n\nWait, now I really can’t tell if you’re actually just making fun of crypto. Is this actually just a meta troll?', '1bcifrt'], ['u/Infamous_Bee_7445', 31, '2024-03-12 01:17', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug7in5/', 'Yes my wife is upset since if it goes wrong my two young kids and her will be on the street or in a generally shittier situation if nothing else, but I’ve told her I can’t possibly stand for them to live in the world where existing fiat currencies exist I’d rather have no house lol', '1bcifrt'], ['u/Golfman74', 27, '2024-03-12 01:17', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug7n11/', 'This is perhaps the funniest thing I’ve read in a while LMAO. The gloat of winning with the nervous awkwardness of the reality of not being able to access said winnings.', '1bcifrt'], ['u/muff-muncher-420', 10, '2024-03-12 01:18', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug7pj2/', 'Nice. Love how you’ve rolled recent crypto events into the troll. Top shelf', '1bcifrt'], ['u/Infamous_Bee_7445', 10, '2024-03-12 01:25', 'https://www.reddit.com/r/Buttcoin/comments/1bcifrt/ive_made_400k_in_the_last_week_on_btc_ama/kug8tfg/', 'Hi there! I think it’s important to provide evidence. Far to easy for people to make outlandish claims, so here you [go](http... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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 been on a tear in 2024. Over the past several weeks, the token has reached multiple new highs. While many factors have contributed to this buying pattern, one of the more interesting elements of the recent run is the approval of spot Bitcoin exchange-traded funds (ETFs).\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin has jumped another 45% already this year –how much would you need to get started today?\nThe ETFs began trading on Jan. 10 after months of negotiations and meetings. The release of the funds brought in a whole new host of investors, which forced the ETF sponsors to continue buying Bitcoin to meet the demand. For example, Bank of America Corp.\'sMerrill division and Wells Fargo& Co.recently allowed their wealth management clients to buy the ETFs.\nThese new investors have caused the ETFs to engage in consistent and growing buying activity since January. BlackRock\'s ETF (IBIT) has seen over $10 billion in net inflows since launching. This means that BlackRock has bought over $10 billion worth of Bitcoin in the last two months, partially contributing to the meteoric rise in price.\nAll of the funds have seen positive net inflows since launch except the Grayscale Bitcoin Trust (GBTC), which was converted from a futures-linked ETF into a spot ETF. This ETF has seen over $10 billion of net outflows since launch, mostly because of the arbitrage opportunities that were available and its high fees. However, across all spot ETFs, there have been net inflows of nearly $10 billion. Many are considering the launch to be the most successful first two months for any ETF in history.\nWhile this may not seem like a lot in terms of the total volume for Bitcoin, it could be large enough to tip the balance between buyers and sellers. Additionally, the rate of buying is speeding up for IBIT and other ETFs, while the outflows for GBTC are slowing.According to CryptoQuant Founder Ki Young Ju, if this trend continues, "We\'ll see a sell-side liquidity crisis within six months."\nTrending: Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\nA sell-side liquidity crisis would mean that there are not enough sellers to suppress the price of Bitcoin. This could send the price soaring. According to Ju, this could mean that the "cyclical top may exceed our expectations due to limited sell-side liquidity and thin orderbook." The driving force behind this is mining wallets accumulating and holding their tokens, effectively decreasing the amount of tradeable supply.\nAnother important topic to consider is the upcoming Bitcoin halving. This event, expected to occur in April, will lower the amount of Bitcoin that is mined by half. So, the total amount of Bitcoins mined each day will go from around 900 to 450. This could create less selling pressure, as the miners are theoretically selling less BTC each day. However, some believe that the recent run in Bitcoin is the market pricing this in, and the event could have little to no effect on the price of Bitcoin.\nWith Bitcoin booming, this could be an inflection point. Sellers could either see this as an opportunity to dump some of their tokens before the halving, or a sell-side liquidity crisis could send Bitcoin to new heights.\nRead Next:\n• Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleBitcoin Liquidity Crisis Incoming? Bitcoin ETF Demand Surges And New All-Time Highsoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Bitcoin has been on a tear in 2024. Over the past several weeks, the token has reached multiple new highs. While many factors have contributed to this buying pattern, one of the more interesting elements of the recent run is the approval of spot Bitcoin exchange-traded funds (ETFs).\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin has jumped another 45% already this year –how much would you need to get started today?\nThe ETFs began trading on Jan. 10 after months of negotiations and meetings. The release of the funds brought in a whole new host of investors, which forced the ETF sponsors to continue buying Bitcoin to meet the demand. For example, Bank of America Corp.\'sMerrill division and Wells Fargo& Co.recently allowed their wealth management clients to buy the ETFs.\nThese new investors have caused the ETFs to engage in consistent and growing buying activity since January. BlackRock\'s ETF (IBIT) has seen over $10 billion in net inflows since launching. This means that BlackRock has bought over $10 billion worth of Bitcoin in the last two months, partially contributing to the meteoric rise in price.\nAll of the funds have seen positive net inflows since launch except the Grayscale Bitcoin Trust (GBTC), which was converted from a futures-linked ETF into a spot ETF. This ETF has seen over $10 billion of net outflows since launch, mostly because of the arbitrage opportunities that were available and its high fees. However, across all spot ETFs, there have been net inflows of nearly $10 billion. Many are considering the launch to be the most successful first two months for any ETF in history.\nWhile this may not seem like a lot in terms of the total volume for Bitcoin, it could be large enough to tip the balance between buyers and sellers. Additionally, the rate of buying is speeding up for IBIT and other ETFs, while the outflows for GBTC are slowing.According to CryptoQuant Founder Ki Young Ju, if this trend continues, "We\'ll see a sell-side liquidity crisis within six months."\nTrending: Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\nA sell-side liquidity crisis would mean that there are not enough sellers to suppress the price of Bitcoin. This could send the price soaring. According to Ju, this could mean that the "cyclical top may exceed our expectations due to limited sell-side liquidity and thin orderbook." The driving force behind this is mining wallets accumulating and holding their tokens, effectively decreasing the amount of tradeable supply.\nAnother important topic to consider is the upcoming Bitcoin halving. This event, expected to occur in April, will lower the amount of Bitcoin that is mined by half. So, the total amount of Bitcoins mined each day will go from around 900 to 450. This could create less selling pressure, as the miners are theoretically selling less BTC each day. However, some believe that the recent run in Bitcoin is the market pricing this in, and the event could have little to no effect on the price of Bitcoin.\nWith Bitcoin booming, this could be an inflection point. Sellers could either see this as an opportunity to dump some of their tokens before the halving, or a sell-side liquidity crisis could send Bitcoin to new heights.\nRead Next:\n• Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleBitcoin Liquidity Crisis Incoming? Bitcoin ETF Demand Surges And New All-Time Highsoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'It offers a completely automated Bitcoin trading system powered by AI.\nBitcoin Billionaire Launches AI Trading System for Spain\nCardeña, Spain, March 12, 2024 (GLOBE NEWSWIRE) -- Bitcoin Billionaire has taken innovation to the next level with its AI trading system tailored for Spain, offering many cutting-edge advantages to customers in the country. While the focus of the pioneer in the field remains Spain, it can also be used by customers in other Spanish-speaking countries, including Mexico, Colombia, Argentina, Costa Rica, and more.\nCryptocurrencies including Bitcoin, offer dynamic opportunities for people around the world to build their fortune by trading in it. But getting the right kind of access to them has remained a challenge. Bitcoin Billionaire was established with the aim of changing that, and it has consistently lived up to that mission not only by facilitating access but also by sharing critical knowledge and tools for customers to trade successfully in the market.\nBitcoin Billionaire S.L.\nSince its inception, the platform has been driving the cryptocurrency revolution by focusing on new-age innovation.\n“We have endeavored to create a secure, transparent, and efficient platform for trading crypto assets,” said a representative forBitcoin Billionaire. This focus on transparency is evident in the fact that the platform always brings clear and up-to-date information to customers.\nIt lays a strong emphasis on security by using cutting-edge technologies to protect customers’ assets and information. Moreover, it has consistently strived to raise the bar for innovation with tools that optimize the platform and its services for custo **Last 60 Days of Bitcoin's Closing Prices:** [42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-13 **Financial & Commodity Data:** - Gold Closing Price: $2175.40 - Crude Oil Closing Price: $79.72 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,413,626,803,125 - Hash Rate: 631131351.3345715 - Transaction Count: 390118.0 - Unique Addresses: 710767.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.81 **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. Trading volumes of VanEck’s HODL, one of the 10 spot bitcoin(BTC)exchange-traded funds (ETFs) in the U.S.,surgedover 2,200% on Tuesday in a move driven by individual traders.More than $400 millionof HODL changed hands on Tuesday, compared with its daily average of $17 million. The figures came a day ahead of VanEck's planned fee cut to 0.20% from 0.25%. HODL’s volumes were the third-largest after Grayscale’s GBTC and BlockRock’s IBIT, the usual leaders. The ETF held nearly $200 million worth of bitcoin as of Feb. 20,data shows. Billionaire Mike Novogratz'sGalaxy Digital(GLXY) has new coverage at Canaccord Genuity, which initiated the stock with a buy rating and a C$17 ($12.6) price target.Galaxy “represents one of the most diversified ways to play digital assets," wrote analyst Joseph Vafi, whose price target suggests 30% upside from the current C$13. Galaxy's institutional trading business is a "share gainer,” said Vafi, citing the upcoming launch of its crypto prime brokerage platform, Galaxy One. Combine that with the price gains surrounding the spot ETFs and the upcoming halving and trading should do well, according to Vafi. Fairshake, a super political action committee (PAC) backing crypto-friendly candidates, has nowreceivedfunding of a total of $4.9 million from billionaire twins Cameron and Tyler Winklevoss,Bloombergreported,citing the latest federal filings. The twins, who are co-founders of crypto exchange Gemini and heavyweight bitcoin(BTC)investors, were initial investors in Fairshake, revealed in the firstannouncementon Dec. 18, 2023. They join a list of high-profile crypto investors backing the super PAC, including Andreessen Horowitz (a16z) andARK Investas well as crypto companies such as Circle, Ripple, Coinbase (COIN) and others. • The chart shows the average trade size in the bitcoin market in U.S. dollar terms since February 2023. • The average trade size has consistently topped the $1,000 mark since the start of this month, indicating increased institutional participation. • Source: Kaiko - Omkar Godbole • Starknet’s STRK Drops 53% Amid Token Issuance Criticism • USDC Stablecoin Issuer Circle Dumps Tron Network; TRX Steady • Bitcoin ETF Trading Spikes to Busiest Session Since January Debut... - Reddit Posts (Sample): [['u/Far_Breakfast_5808', 'You know what would be an interesting project? When the "price" of BTC inevitably crashes (when it happens, I have no idea and I won\'t bother speculating), we take a look at the posting histories of all the brigaders who came here telling us to have fun staying poor or asking why we\'re missing out.', 14, '2024-03-13 00:38', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/', "Hopefully someone is already collecting their posts and usernames because when the price crashes eventually (it could be this year, it could be eventually, about the only thing I'm sure of is that one day this house of cards will collapse), it would be interesting to see what happened to all these currently confident Redditors. Like, we will see if they are still bullish and confident when it happens, or will still insist we are having fun staying poor. Hopefully they all won't be a bunch of u/\\[deleted\\]s, though I fear that's what's gonna happen.", 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/', '1bdcd8l', [['u/DevilFucker', 48, '2024-03-13 00:48', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/kuln6m6/', '“So what if the price went down? That was totally predictable, everyone knows Bitcoin has cycles. I sold at the peak, just waiting for it to bottom before it starts the next cycle. Have fun staying poor loser.”', '1bdcd8l'], ['u/TSM-', 10, '2024-03-13 01:21', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/kulscjq/', '\\[deleted\\]', '1bdcd8l'], ['u/Far_Breakfast_5808', 18, '2024-03-13 01:39', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/kulv9ll/', 'I really want to see if the exact same posters who are currently bragging about the price breaking ATHs and heading to the moon will suddenly go 1 BTC = 1 BTC.', '1bdcd8l'], ['u/piershampton', 11, '2024-03-13 01:52', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/kulxd1w/', 'Some people have nothing good going on in their lives these days 👆🏼', '1bdcd8l'], ['u/Mongorize', 12, '2024-03-13 02:06', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/kulzitb/', ">we take a look at the posting histories of all the brigaders who came here telling us to have fun staying poor or asking why we're missing out.\n\nThere's no point as they don't realise there is no gain without cashing out. So they are already poor as they're happy to give their cash to mega corps", '1bdcd8l'], ['u/Ichabodblack', 10, '2024-03-13 02:07', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/kulzk5k/', "I didn't mind people genuinely debating. It's the 14 year old trolls (chronically chronologically or mentally) that are irritating", '1bdcd8l']]], ['u/Haxagonus', 'Thank you', 25, '2024-03-13 00:53', 'https://www.reddit.com/r/btc/comments/1bdcpvu/thank_you/', 'Just found this subreddit. Thank you guys for making it. I posted my first post about buying a whole coin recently and bitcoin subreddit took it down ', 'https://www.reddit.com/r/btc/comments/1bdcpvu/thank_you/', '1bdcpvu', [['u/OlderAndWiserThanYou', 16, '2024-03-13 01:48', 'https://www.reddit.com/r/btc/comments/1bdcpvu/thank_you/kulwm3r/', '> I posted my first post about buying a whole coin recently and bitcoin subreddit took it down\n\nHow incredibly welcoming of them! They have a history of doing that kind of thing which is one small reason why here exists.\n\nSo welcome!', '1bdcpvu'], ['u/ShadowOfHarbringer', 12, '2024-03-13 02:26', 'https://www.reddit.com/r/btc/comments/1bdcpvu/thank_you/kum2l3u/', '> I know right? What feels good is that I own one whole coin now. See you at the top. salutes\n\nWell personally I prefer BCH because it works and I use it daily, but I am happy for you.\n\nAt least you can talk about it in an uncensored place.', '1bdcpvu']]], ['u/EtherAcombact', 'Uncharted Territory: How This Halving Cycle Differs', 369, '2024-03-13 01:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/', " I've noticed a lot of folks here comparing this cycle to previous ones, assuming it's just another 4-year price action. However, I see several key differences this time around:\n\n1. **BTC hitting all-time highs before the halving:** This marks the first instance in Bitcoin history where the price hit an all-time high before the halving. Two main factors contribute to this: a) The solidification of narratives such as the BTC 4-year cycle and halving, making it a self-fulfilling prophecy, and b) ETF inflows into crypto, a new source of fiat infusion attracting more conservative investors.\n2. **ETF inflows:** This new source of fiat infusion attracts a different breed of investor, usually conservative and investing through tax-advantaged accounts like IRAs. This leads to increased BTC dominance, reduced gains for altcoins (except for ETH), and potentially less BTC price volatility over time due to a different investing strategy.\n3. **Retail investors:** Despite being retail investors ourselves, the participation during Bitcoin's all-time high lacks the same strength as before. More retail investors might join post-halving, but the rising prices beforehand could diminish returns, making everything seem expensive and risky.\n4. **Stablecoins:** Often overlooked, many stablecoin providers are investing their fiat reserves in US bonds, causing concern for the Fed. It attracted Federal Reserve intervention to align the crypto market with its interest to limit capital outflow and market volatility.\n\nIn summary, the cryptocurrency market is evolving and the cycle differs significantly from the past three. While Bitcoin price is likely to keep rising, the pace and overall market behavior will likely differ than expectations. .Key implications for BTC and crypto include less volatility, a smaller increase in Bitcoin's post-halving price compared to last cycles, diminished gains from altcoins (excluding ETH with ETF approval), reduced retail investor participation, and an increased influence from governments and traditional finance on crypto and BTC price actions.", 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/', '1bdd5dn', [['u/ZekeTarsim', 56, '2024-03-13 01:43', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kulvusq/', 'Retail buyers and “expensive” coins. I feel like casual participants mostly don’t think about market cap. Therefore, their understanding of value is more based on price per coin.\n\nAs in, a $1 coin will get more retail interest than a $100 coin, because the $1 dollar coin is comparably cheaper (even if it is actually more expensive).\n\nI believe this is one of the reasons some dog and frog coins that are a fraction of a penny do so well in alt season, even if the dog coin has 880 gazillion coins in circulation.\n\nThoughts?', '1bdd5dn'], ['u/Slimalicious', 73, '2024-03-13 01:45', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kulw8i3/', 'thanks, chatGPT', '1bdd5dn'], ['u/Beneficial-Step7506', 16, '2024-03-13 01:49', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kulwqnj/', 'Yup, that’s why I’m in low cap coins <$30m MC trading for fractions of a penny.', '1bdd5dn'], ['u/d_justin', 153, '2024-03-13 01:56', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kulxyh9/', 'Am I correct in thinking that retail does not have money to spend in crypto this cycle? \n\ncost of living increased drastically in the previous 2 years, credit cards are being maxed out, auto loan delinquency increasing, mortgages/rents being delayed.', '1bdd5dn'], ['u/EtherAcombact', 69, '2024-03-13 02:32', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kum3kru/', 'Yes, inflation is high globally. Surprisingly, casinos recorded strong profits last year, even amid the heightened inflation. People tend to take riskier bets with their money when they are desperate. Consider 2020 when COVID was at its peak, and everything was shut down – yet crypto started pumping hard right after the halving', '1bdd5dn'], ['u/Drwgeb', 17, '2024-03-13 04:45', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kummsvp/', "To be fair during covid people had money handed to them which they didn't work for as well as a lot of people had a lot of free time on their hands, so might as well start gambling into crypto and shout at charts.", '1bdd5dn'], ['u/Substantial_Run8010', 20, '2024-03-13 04:48', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kumn54r/', 'Yep. Once you reconize the writing style, you start seeing it everywhere', '1bdd5dn'], ['u/mgd09292007', 31, '2024-03-13 05:04', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kump8uy/', 'People will FOMO into something if they think they can "win the lottery". I mean look at how many poor people throw money away in casino and the actual lottery. More buyers than you probably think.', '1bdd5dn'], ['u/digitalmacgyver', 23, '2024-03-13 05:21', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kumrant/', "Considering now investment firms like Blackrock are holding 25% of bitcoins total volume, they will likely never allow it to go down again. I expect they days of volitlty ar... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20
You are an expert financial analyst. Your primary task is to 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 been on a tear in 2024. Over the past several weeks, the token has reached multiple new highs. While many factors have contributed to this buying pattern, one of the more interesting elements of the recent run is the approval of spot Bitcoin exchange-traded funds (ETFs).\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin has jumped another 45% already this year –how much would you need to get started today?\nThe ETFs began trading on Jan. 10 after months of negotiations and meetings. The release of the funds brought in a whole new host of investors, which forced the ETF sponsors to continue buying Bitcoin to meet the demand. For example, Bank of America Corp.\'sMerrill division and Wells Fargo& Co.recently allowed their wealth management clients to buy the ETFs.\nThese new investors have caused the ETFs to engage in consistent and growing buying activity since January. BlackRock\'s ETF (IBIT) has seen over $10 billion in net inflows since launching. This means that BlackRock has bought over $10 billion worth of Bitcoin in the last two months, partially contributing to the meteoric rise in price.\nAll of the funds have seen positive net inflows since launch except the Grayscale Bitcoin Trust (GBTC), which was converted from a futures-linked ETF into a spot ETF. This ETF has seen over $10 billion of net outflows since launch, mostly because of the arbitrage opportunities that were available and its high fees. However, across all spot ETFs, there have been net inflows of nearly $10 billion. Many are considering the launch to be the most successful first two months for any ETF in history.\nWhile this may not seem like a lot in terms of the total volume for Bitcoin, it could be large enough to tip the balance between buyers and sellers. Additionally, the rate of buying is speeding up for IBIT and other ETFs, while the outflows for GBTC are slowing.According to CryptoQuant Founder Ki Young Ju, if this trend continues, "We\'ll see a sell-side liquidity crisis within six months."\nTrending: Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\nA sell-side liquidity crisis would mean that there are not enough sellers to suppress the price of Bitcoin. This could send the price soaring. According to Ju, this could mean that the "cyclical top may exceed our expectations due to limited sell-side liquidity and thin orderbook." The driving force behind this is mining wallets accumulating and holding their tokens, effectively decreasing the amount of tradeable supply.\nAnother important topic to consider is the upcoming Bitcoin halving. This event, expected to occur in April, will lower the amount of Bitcoin that is mined by half. So, the total amount of Bitcoins mined each day will go from around 900 to 450. This could create less selling pressure, as the miners are theoretically selling less BTC each day. However, some believe that the recent run in Bitcoin is the market pricing this in, and the event could have little to no effect on the price of Bitcoin.\nWith Bitcoin booming, this could be an inflection point. Sellers could either see this as an opportunity to dump some of their tokens before the halving, or a sell-side liquidity crisis could send Bitcoin to new heights.\nRead Next:\n• Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleBitcoin Liquidity Crisis Incoming? Bitcoin ETF Demand Surges And New All-Time Highsoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Bitcoin has been on a tear in 2024. Over the past several weeks, the token has reached multiple new highs. While many factors have contributed to this buying pattern, one of the more interesting elements of the recent run is the approval of spot Bitcoin exchange-traded funds (ETFs).\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin has jumped another 45% already this year –how much would you need to get started today?\nThe ETFs began trading on Jan. 10 after months of negotiations and meetings. The release of the funds brought in a whole new host of investors, which forced the ETF sponsors to continue buying Bitcoin to meet the demand. For example, Bank of America Corp.\'sMerrill division and Wells Fargo& Co.recently allowed their wealth management clients to buy the ETFs.\nThese new investors have caused the ETFs to engage in consistent and growing buying activity since January. BlackRock\'s ETF (IBIT) has seen over $10 billion in net inflows since launching. This means that BlackRock has bought over $10 billion worth of Bitcoin in the last two months, partially contributing to the meteoric rise in price.\nAll of the funds have seen positive net inflows since launch except the Grayscale Bitcoin Trust (GBTC), which was converted from a futures-linked ETF into a spot ETF. This ETF has seen over $10 billion of net outflows since launch, mostly because of the arbitrage opportunities that were available and its high fees. However, across all spot ETFs, there have been net inflows of nearly $10 billion. Many are considering the launch to be the most successful first two months for any ETF in history.\nWhile this may not seem like a lot in terms of the total volume for Bitcoin, it could be large enough to tip the balance between buyers and sellers. Additionally, the rate of buying is speeding up for IBIT and other ETFs, while the outflows for GBTC are slowing.According to CryptoQuant Founder Ki Young Ju, if this trend continues, "We\'ll see a sell-side liquidity crisis within six months."\nTrending: Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\nA sell-side liquidity crisis would mean that there are not enough sellers to suppress the price of Bitcoin. This could send the price soaring. According to Ju, this could mean that the "cyclical top may exceed our expectations due to limited sell-side liquidity and thin orderbook." The driving force behind this is mining wallets accumulating and holding their tokens, effectively decreasing the amount of tradeable supply.\nAnother important topic to consider is the upcoming Bitcoin halving. This event, expected to occur in April, will lower the amount of Bitcoin that is mined by half. So, the total amount of Bitcoins mined each day will go from around 900 to 450. This could create less selling pressure, as the miners are theoretically selling less BTC each day. However, some believe that the recent run in Bitcoin is the market pricing this in, and the event could have little to no effect on the price of Bitcoin.\nWith Bitcoin booming, this could be an inflection point. Sellers could either see this as an opportunity to dump some of their tokens before the halving, or a sell-side liquidity crisis could send Bitcoin to new heights.\nRead Next:\n• Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleBitcoin Liquidity Crisis Incoming? Bitcoin ETF Demand Surges And New All-Time Highsoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'It offers a completely automated Bitcoin trading system powered by AI.\nBitcoin Billionaire Launches AI Trading System for Spain\nCardeña, Spain, March 12, 2024 (GLOBE NEWSWIRE) -- Bitcoin Billionaire has taken innovation to the next level with its AI trading system tailored for Spain, offering many cutting-edge advantages to customers in the country. While the focus of the pioneer in the field remains Spain, it can also be used by customers in other Spanish-speaking countries, including Mexico, Colombia, Argentina, Costa Rica, and more.\nCryptocurrencies including Bitcoin, offer dynamic opportunities for people around the world to build their fortune by trading in it. But getting the right kind of access to them has remained a challenge. Bitcoin Billionaire was established with the aim of changing that, and it has consistently lived up to that mission not only by facilitating access but also by sharing critical knowledge and tools for customers to trade successfully in the market.\nBitcoin Billionaire S.L.\nSince its inception, the platform has been driving the cryptocurrency revolution by focusing on new-age innovation.\n“We have endeavored to create a secure, transparent, and efficient platform for trading crypto assets,” said a representative forBitcoin Billionaire. This focus on transparency is evident in the fact that the platform always brings clear and up-to-date information to customers.\nIt lays a strong emphasis on security by using cutting-edge technologies to protect customers’ assets and information. Moreover, it has consistently strived to raise the bar for innovation with tools that optimize the platform and its services for custo **Last 60 Days of Bitcoin's Closing Prices:** [42842.38, 41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-13 **Financial & Commodity Data:** - Gold Closing Price: $2175.40 - Crude Oil Closing Price: $79.72 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,413,626,803,125 - Hash Rate: 631131351.3345715 - Transaction Count: 390118.0 - Unique Addresses: 710767.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.81 **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. Trading volumes of VanEck’s HODL, one of the 10 spot bitcoin(BTC)exchange-traded funds (ETFs) in the U.S.,surgedover 2,200% on Tuesday in a move driven by individual traders.More than $400 millionof HODL changed hands on Tuesday, compared with its daily average of $17 million. The figures came a day ahead of VanEck's planned fee cut to 0.20% from 0.25%. HODL’s volumes were the third-largest after Grayscale’s GBTC and BlockRock’s IBIT, the usual leaders. The ETF held nearly $200 million worth of bitcoin as of Feb. 20,data shows. Billionaire Mike Novogratz'sGalaxy Digital(GLXY) has new coverage at Canaccord Genuity, which initiated the stock with a buy rating and a C$17 ($12.6) price target.Galaxy “represents one of the most diversified ways to play digital assets," wrote analyst Joseph Vafi, whose price target suggests 30% upside from the current C$13. Galaxy's institutional trading business is a "share gainer,” said Vafi, citing the upcoming launch of its crypto prime brokerage platform, Galaxy One. Combine that with the price gains surrounding the spot ETFs and the upcoming halving and trading should do well, according to Vafi. Fairshake, a super political action committee (PAC) backing crypto-friendly candidates, has nowreceivedfunding of a total of $4.9 million from billionaire twins Cameron and Tyler Winklevoss,Bloombergreported,citing the latest federal filings. The twins, who are co-founders of crypto exchange Gemini and heavyweight bitcoin(BTC)investors, were initial investors in Fairshake, revealed in the firstannouncementon Dec. 18, 2023. They join a list of high-profile crypto investors backing the super PAC, including Andreessen Horowitz (a16z) andARK Investas well as crypto companies such as Circle, Ripple, Coinbase (COIN) and others. • The chart shows the average trade size in the bitcoin market in U.S. dollar terms since February 2023. • The average trade size has consistently topped the $1,000 mark since the start of this month, indicating increased institutional participation. • Source: Kaiko - Omkar Godbole • Starknet’s STRK Drops 53% Amid Token Issuance Criticism • USDC Stablecoin Issuer Circle Dumps Tron Network; TRX Steady • Bitcoin ETF Trading Spikes to Busiest Session Since January Debut... - Reddit Posts (Sample): [['u/Far_Breakfast_5808', 'You know what would be an interesting project? When the "price" of BTC inevitably crashes (when it happens, I have no idea and I won\'t bother speculating), we take a look at the posting histories of all the brigaders who came here telling us to have fun staying poor or asking why we\'re missing out.', 14, '2024-03-13 00:38', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/', "Hopefully someone is already collecting their posts and usernames because when the price crashes eventually (it could be this year, it could be eventually, about the only thing I'm sure of is that one day this house of cards will collapse), it would be interesting to see what happened to all these currently confident Redditors. Like, we will see if they are still bullish and confident when it happens, or will still insist we are having fun staying poor. Hopefully they all won't be a bunch of u/\\[deleted\\]s, though I fear that's what's gonna happen.", 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/', '1bdcd8l', [['u/DevilFucker', 48, '2024-03-13 00:48', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/kuln6m6/', '“So what if the price went down? That was totally predictable, everyone knows Bitcoin has cycles. I sold at the peak, just waiting for it to bottom before it starts the next cycle. Have fun staying poor loser.”', '1bdcd8l'], ['u/TSM-', 10, '2024-03-13 01:21', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/kulscjq/', '\\[deleted\\]', '1bdcd8l'], ['u/Far_Breakfast_5808', 18, '2024-03-13 01:39', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/kulv9ll/', 'I really want to see if the exact same posters who are currently bragging about the price breaking ATHs and heading to the moon will suddenly go 1 BTC = 1 BTC.', '1bdcd8l'], ['u/piershampton', 11, '2024-03-13 01:52', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/kulxd1w/', 'Some people have nothing good going on in their lives these days 👆🏼', '1bdcd8l'], ['u/Mongorize', 12, '2024-03-13 02:06', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/kulzitb/', ">we take a look at the posting histories of all the brigaders who came here telling us to have fun staying poor or asking why we're missing out.\n\nThere's no point as they don't realise there is no gain without cashing out. So they are already poor as they're happy to give their cash to mega corps", '1bdcd8l'], ['u/Ichabodblack', 10, '2024-03-13 02:07', 'https://www.reddit.com/r/Buttcoin/comments/1bdcd8l/you_know_what_would_be_an_interesting_project/kulzk5k/', "I didn't mind people genuinely debating. It's the 14 year old trolls (chronically chronologically or mentally) that are irritating", '1bdcd8l']]], ['u/Haxagonus', 'Thank you', 25, '2024-03-13 00:53', 'https://www.reddit.com/r/btc/comments/1bdcpvu/thank_you/', 'Just found this subreddit. Thank you guys for making it. I posted my first post about buying a whole coin recently and bitcoin subreddit took it down ', 'https://www.reddit.com/r/btc/comments/1bdcpvu/thank_you/', '1bdcpvu', [['u/OlderAndWiserThanYou', 16, '2024-03-13 01:48', 'https://www.reddit.com/r/btc/comments/1bdcpvu/thank_you/kulwm3r/', '> I posted my first post about buying a whole coin recently and bitcoin subreddit took it down\n\nHow incredibly welcoming of them! They have a history of doing that kind of thing which is one small reason why here exists.\n\nSo welcome!', '1bdcpvu'], ['u/ShadowOfHarbringer', 12, '2024-03-13 02:26', 'https://www.reddit.com/r/btc/comments/1bdcpvu/thank_you/kum2l3u/', '> I know right? What feels good is that I own one whole coin now. See you at the top. salutes\n\nWell personally I prefer BCH because it works and I use it daily, but I am happy for you.\n\nAt least you can talk about it in an uncensored place.', '1bdcpvu']]], ['u/EtherAcombact', 'Uncharted Territory: How This Halving Cycle Differs', 369, '2024-03-13 01:11', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/', " I've noticed a lot of folks here comparing this cycle to previous ones, assuming it's just another 4-year price action. However, I see several key differences this time around:\n\n1. **BTC hitting all-time highs before the halving:** This marks the first instance in Bitcoin history where the price hit an all-time high before the halving. Two main factors contribute to this: a) The solidification of narratives such as the BTC 4-year cycle and halving, making it a self-fulfilling prophecy, and b) ETF inflows into crypto, a new source of fiat infusion attracting more conservative investors.\n2. **ETF inflows:** This new source of fiat infusion attracts a different breed of investor, usually conservative and investing through tax-advantaged accounts like IRAs. This leads to increased BTC dominance, reduced gains for altcoins (except for ETH), and potentially less BTC price volatility over time due to a different investing strategy.\n3. **Retail investors:** Despite being retail investors ourselves, the participation during Bitcoin's all-time high lacks the same strength as before. More retail investors might join post-halving, but the rising prices beforehand could diminish returns, making everything seem expensive and risky.\n4. **Stablecoins:** Often overlooked, many stablecoin providers are investing their fiat reserves in US bonds, causing concern for the Fed. It attracted Federal Reserve intervention to align the crypto market with its interest to limit capital outflow and market volatility.\n\nIn summary, the cryptocurrency market is evolving and the cycle differs significantly from the past three. While Bitcoin price is likely to keep rising, the pace and overall market behavior will likely differ than expectations. .Key implications for BTC and crypto include less volatility, a smaller increase in Bitcoin's post-halving price compared to last cycles, diminished gains from altcoins (excluding ETH with ETF approval), reduced retail investor participation, and an increased influence from governments and traditional finance on crypto and BTC price actions.", 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/', '1bdd5dn', [['u/ZekeTarsim', 56, '2024-03-13 01:43', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kulvusq/', 'Retail buyers and “expensive” coins. I feel like casual participants mostly don’t think about market cap. Therefore, their understanding of value is more based on price per coin.\n\nAs in, a $1 coin will get more retail interest than a $100 coin, because the $1 dollar coin is comparably cheaper (even if it is actually more expensive).\n\nI believe this is one of the reasons some dog and frog coins that are a fraction of a penny do so well in alt season, even if the dog coin has 880 gazillion coins in circulation.\n\nThoughts?', '1bdd5dn'], ['u/Slimalicious', 73, '2024-03-13 01:45', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kulw8i3/', 'thanks, chatGPT', '1bdd5dn'], ['u/Beneficial-Step7506', 16, '2024-03-13 01:49', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kulwqnj/', 'Yup, that’s why I’m in low cap coins <$30m MC trading for fractions of a penny.', '1bdd5dn'], ['u/d_justin', 153, '2024-03-13 01:56', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kulxyh9/', 'Am I correct in thinking that retail does not have money to spend in crypto this cycle? \n\ncost of living increased drastically in the previous 2 years, credit cards are being maxed out, auto loan delinquency increasing, mortgages/rents being delayed.', '1bdd5dn'], ['u/EtherAcombact', 69, '2024-03-13 02:32', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kum3kru/', 'Yes, inflation is high globally. Surprisingly, casinos recorded strong profits last year, even amid the heightened inflation. People tend to take riskier bets with their money when they are desperate. Consider 2020 when COVID was at its peak, and everything was shut down – yet crypto started pumping hard right after the halving', '1bdd5dn'], ['u/Drwgeb', 17, '2024-03-13 04:45', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kummsvp/', "To be fair during covid people had money handed to them which they didn't work for as well as a lot of people had a lot of free time on their hands, so might as well start gambling into crypto and shout at charts.", '1bdd5dn'], ['u/Substantial_Run8010', 20, '2024-03-13 04:48', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kumn54r/', 'Yep. Once you reconize the writing style, you start seeing it everywhere', '1bdd5dn'], ['u/mgd09292007', 31, '2024-03-13 05:04', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kump8uy/', 'People will FOMO into something if they think they can "win the lottery". I mean look at how many poor people throw money away in casino and the actual lottery. More buyers than you probably think.', '1bdd5dn'], ['u/digitalmacgyver', 23, '2024-03-13 05:21', 'https://www.reddit.com/r/CryptoCurrency/comments/1bdd5dn/uncharted_territory_how_this_halving_cycle_differs/kumrant/', "Considering now investment firms like Blackrock are holding 25% of bitcoins total volume, they will likely never allow it to go down again. I expect they days of volitlty ar... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Mahe, Seychelles--(Newsfile Corp. - March 13, 2024) - Tectum, the decentralized network developed by Crispmind, has made history by becoming the fastest blockchain in the world.\nThis is a significant stride, as the company breaks its own record of 1.2 million transactions per second and extends its streak. The update comes after the final phase of a series of live tests to show how well the blockchain can process transactions.\nIt is unsurprising that several blockchains have been vying for the title of being the fastest blockchain in the world. While there have been countless claims, none of these decentralized networks have been able to back their postulations with adequate evidence.\nTectum decided to prove its claims legitimate by showing actual results of its blockchain\'s capacity. The blockchain firm did a livestream via its YouTube page to ensure that the process was genuine and transparent. In addition, it made access open to everyone who was interested in participating.\nFollowing the completion of the exercise, the company is sharing a detailed report on the result of the second phase of testing.\nResult of the Tectum TPS Test Final Phase\nThe Tectum TPS test final phase lasted well over one hour, with the team conducting over 50 million transactions. Unlike the first stage of the trial, where only Tectum Emission Tokens were transferred, Tectum decided to transfer thousands of SoftNote transactions.\nThe team also explained why SoftNote is used for transactions instead of simply transferring TET. According to Tectum, SoftNote is a more general medium of transfer and can even be used to send and receive fiat currencies and crypto.\nTherefore, it made more sense to use a more general form of transfer, especially since it has the fundamentals necessary to underpin all currency transactions. 8 Nodes were set up to run these transactions to demonstrate the network\'s optimal ability. This will also outline the master nodes, elect nodes, and other technical information.\nAt the end of the trial, here are the results of the Tectum TPS test:\n• Total number of transactions completed: 51,367,124\n• Time taken to complete these transactions: 14.66 seconds\n• Transaction per second speed: 3,502,702\n• Live Streamhttps://youtube.com/live/RZNxpaESVKY\nBy completing the final phase of this trial, Tectum broke its own record of 1.3 million transactions per second and set a new record of 3.5 million transactions per second.\nThis is a monumental achievement, as no blockchain has been able to reach this speed. Notably, the data architecture of this blockchain also handled the high volume of transactions without any glitches. There have been several instances of blockchain networks crashing due to high traffic in the past, as well as recently.\nHowever, Tectum, the fastest layer 1 blockchain, was able to set a new record while running this test. More significantly, almost all the nodes processed no less than 500,000 transactions, with the third node averaging well over 300,000 transactions at once.\nAbout Tectum\nTectum is the fastest layer-1 blockchain, with a speed of 1.3 million transactions per second. It uses proof of utility consensus to process transactions through trusted nodes. Unlike most web3 networks, this blockchain processes transactions in layers, ensuring that there are no traffic congestions or delayed transactions. In addition, Tectum also utilizes zero-knowledge proofs to maintain the privacy of transactions on its network.\nThis blockchain is developed by Crispmind- an intellectual property and software development firm with decades of experience developing cost-effective and customer-centric solutions. For several years, the company has leveraged the experience and expertise of the best developers to create ground-breaking products and services.\nThis ranges from secure messaging and user authentication to blockchain, distributed ledgers, and cryptocurrency. Crispmind\'s innovative approach has led to clients, including private companies and governmental institutions. Regardless of the project, the company\'s principle has always been to "create simple solutions for complex problems."\nSome of Crispmind\'s projects include:\n• Tectum is the fastest layer 1 blockchain in the world, with a proof-of-utility consensus protocol and zero-knowledge proof system.\n• Tectum Wallet - a comprehensive blockchain wallet that is simple to use and enables people to manage their digital assets in one place.\n• SoftNote Bills - crypto cash that makes Bitcoin more spendable.\n• X-Factor Authenticator - a quantum-proof three-factor authentication protocol that utilizes a human-machine security algorithm to ensure maximum security.\nSocial Links\nFacebook:https://www.facebook.com/Tectum.io/\nTwitter:https://twitter.com/tectumsocial\nTelegram:https://t.me/tectumglobal\nWebsite:https://tectum.io/\nYouTube:https://youtube.com/live/RZNxpaESVKY\nSOURCE: Crispmind\nMedia details:\nCompany Name: Crispmind\nPerson Contact Name: Andrew Erikashvili, CMO\nWebsite URL:https://www.softnote.com\nWebmail:[email protected]\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/201642', 'By Facundo Zamora, CEO Finanflix and Juan Ignacio Murua, CFO Finanflix\nEver sinceBlackrock(NYSE:BLK) announced itsBitcoin(CRYPTO:BTC)\xa0ETF, the market cap of BTC has surged, now exceeding one trillion dollars—a monumental figure. To put this into perspective, even if you combined the market caps of major corporations likeCoca-Cola(NYSE:KO),Disney(NYSE:DIS),AMD(NASDAQ:AMD), andIntel(NASDAQ:INTC), their total would still fall short of BTC’s colossal valuation. This staggering growth not only underscores the significant market confidence following Blackrock’s endorsement but also highlights Bitcoin’s expanding influence in the financial world. The waterfall effect is inevitable, with smaller yet substantial funds like Fidelity and Templeton following the same path.\nThe market is rarely wrong when it comes to pricing in announced future events, and today we are witnessing Bitcoin price reaching an all-time high right before its next halving, something we have never seen before. The euphoria over BTC surpassing 73,000 USD is clearly not the same as the euphoria at 69,000 USD during 2021, with a refreshed market and a declining path projection for the Fed funds rate. Furthermore, it\'s worth noting that Blackrock is now buying over 45 million USD of BTC daily.\nLooking at the past, we have seen the cryptocurrency market grow between 10x and 50x after each halving. And we are yet to see an approval for an Ethereum ETF, which Blackrock also presented.\nEthereum(CRYPTO:ETH)\xa0provides crucial blockchain infrastructure necessary for building applications for enterprises. Among the thousands of applications, we find Infura and Consensys, both owned byJ.P. Morgan(NYSE:JPM). So, it would not be too far-fetched to envision a scenario where Ethereum rises above the trillion-dollar market cap in the short to medium term, potentially leading its price to exceed 10,000 USD per ETH. In this case, we could witness a departure from the traditional crypto theory of capital migration, where money flows first into BTC, then into ETH, and subsequently into the high caps, low caps, and altcoins, respectively. This time, Ethereum might be charting its own, somewhat independent trajectory.\nOur analysis at Finanflix concludes that the Ethereum token is becoming increasingly deflationary as activity on its blockchain rises, consequently influencing DeFi behavior.\nAfter Ethereum’s brand and token experience a significant surge, we should expect much of the capital to migrate to DeFi protocols built on its blockchain. Initially, Ethereum\'s infrastructure will struggle to handle the massive increase in transactions, and that is when its Layer 2 protocols such asArbitrum(CRYPTO:ARB),Optimism(CRYPTO:OP), andPolygon(CRYPTO:MATIC), among others, will see a spike in activity. This will put upward pressure on their prices since these protocols\' tokens are necessary to pay fees, and all the money flowing from ETH will naturally gravitate first toward the nearest protocols in terms of use. Having previously seen price returns of over 1000%, we would not be surprised to witness a similar situation under these circumstances.\nA closer look at the decentralized applications (DApps) running on Ethereum could reveal price discovery events with UNI fromUniswap(CRYPTO:UNI), Ethereum’s leading decentralized exchange, surpassing 100 USD per token, orAAVE(CRYPTO:AAVE), Ethereum’s primary lending protocol, reaching 1000 USD.\nFinally, regarding the myriad of low-cap protocols like Verasity or Arkham, not to mention meme coins/altcoins, the potential returns are uncertain. We must remember that when the real bull market hits crypto, the market can become completely irrational.\nToday, the DeFi total value locked is back over 100 billion USD. But this time, the ecosystem is much more developed, the protocols are generating revenue, and the overall market conditions are unlike anything we\'ve seen before. This precedent is likely to elevate DeFi to new levels of validation and trust, and once this happens, we will be witnessing a truly different paradigm. The opportunity cost of skepticism in these times may just be too high.\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\nThis articleDeFi\'s New Dawn: Ethereum\'s Surge Sets Stage for Unprecedented Growthoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', '• Crypto-mining revenues have jumped to a new all-time high of $78 million a day, according to Deutsche Bank.\n• The increase has closely followed bitcoin\'s rally, with the crypto repeatedly s **Last 60 Days of Bitcoin's Closing Prices:** [41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-14 **Financial & Commodity Data:** - Gold Closing Price: $2163.00 - Crude Oil Closing Price: $81.26 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,395,143,493,100 - Hash Rate: 579720256.0482558 - Transaction Count: 329706.0 - Unique Addresses: 663447.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.88 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Asset manager VanEck's spot bitcoin {{BTC}} exchange-traded fund (ETF) saw record daily inflows on Monday after cutting management fees to 0% for a year to make it more attractive. The VanEck Bitcoin Trust (HODL) attracted $119 million in fresh funds during the day, adding over 1,600 bitcoin, the most by a wide margin since its launch in January,datacompiled by BitMEX Research shows. VanEck lowered the management fee from 0.2% until March 31, 2025, unless it reaches $1.5 billion in assets under management, making it more attractive in a fierce competition between the newly listed bitcoin ETFs. With Monday's inflows, VanEck's offering became the sixth-largest U.S.-listed spot bitcoin ETF, handling more than 6,000 BTC ($440 million) in assets under management and overtaking rivals Invesco (BTCO) and Valkyrie (BRRR), according to BitMEX data. Spot bitcoin ETFs have enjoyed a streak of strong inflows as the bitcoin price rallied past $72,000 to record highs. Monday brought almost $1 billion of inflows for the nine new offerings combined, more than compensating for $500 million of outflows from the incumbent Grayscale Bitcoin Trust (GBTC), BitMEX data show. Last week, digital asset fund inflowshit record high of $2.7 billion, with bitcoin products attracting $2.6 billion of all flows, CoinShares reported.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17
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:** ['Mahe, Seychelles--(Newsfile Corp. - March 13, 2024) - Tectum, the decentralized network developed by Crispmind, has made history by becoming the fastest blockchain in the world.\nThis is a significant stride, as the company breaks its own record of 1.2 million transactions per second and extends its streak. The update comes after the final phase of a series of live tests to show how well the blockchain can process transactions.\nIt is unsurprising that several blockchains have been vying for the title of being the fastest blockchain in the world. While there have been countless claims, none of these decentralized networks have been able to back their postulations with adequate evidence.\nTectum decided to prove its claims legitimate by showing actual results of its blockchain\'s capacity. The blockchain firm did a livestream via its YouTube page to ensure that the process was genuine and transparent. In addition, it made access open to everyone who was interested in participating.\nFollowing the completion of the exercise, the company is sharing a detailed report on the result of the second phase of testing.\nResult of the Tectum TPS Test Final Phase\nThe Tectum TPS test final phase lasted well over one hour, with the team conducting over 50 million transactions. Unlike the first stage of the trial, where only Tectum Emission Tokens were transferred, Tectum decided to transfer thousands of SoftNote transactions.\nThe team also explained why SoftNote is used for transactions instead of simply transferring TET. According to Tectum, SoftNote is a more general medium of transfer and can even be used to send and receive fiat currencies and crypto.\nTherefore, it made more sense to use a more general form of transfer, especially since it has the fundamentals necessary to underpin all currency transactions. 8 Nodes were set up to run these transactions to demonstrate the network\'s optimal ability. This will also outline the master nodes, elect nodes, and other technical information.\nAt the end of the trial, here are the results of the Tectum TPS test:\n• Total number of transactions completed: 51,367,124\n• Time taken to complete these transactions: 14.66 seconds\n• Transaction per second speed: 3,502,702\n• Live Streamhttps://youtube.com/live/RZNxpaESVKY\nBy completing the final phase of this trial, Tectum broke its own record of 1.3 million transactions per second and set a new record of 3.5 million transactions per second.\nThis is a monumental achievement, as no blockchain has been able to reach this speed. Notably, the data architecture of this blockchain also handled the high volume of transactions without any glitches. There have been several instances of blockchain networks crashing due to high traffic in the past, as well as recently.\nHowever, Tectum, the fastest layer 1 blockchain, was able to set a new record while running this test. More significantly, almost all the nodes processed no less than 500,000 transactions, with the third node averaging well over 300,000 transactions at once.\nAbout Tectum\nTectum is the fastest layer-1 blockchain, with a speed of 1.3 million transactions per second. It uses proof of utility consensus to process transactions through trusted nodes. Unlike most web3 networks, this blockchain processes transactions in layers, ensuring that there are no traffic congestions or delayed transactions. In addition, Tectum also utilizes zero-knowledge proofs to maintain the privacy of transactions on its network.\nThis blockchain is developed by Crispmind- an intellectual property and software development firm with decades of experience developing cost-effective and customer-centric solutions. For several years, the company has leveraged the experience and expertise of the best developers to create ground-breaking products and services.\nThis ranges from secure messaging and user authentication to blockchain, distributed ledgers, and cryptocurrency. Crispmind\'s innovative approach has led to clients, including private companies and governmental institutions. Regardless of the project, the company\'s principle has always been to "create simple solutions for complex problems."\nSome of Crispmind\'s projects include:\n• Tectum is the fastest layer 1 blockchain in the world, with a proof-of-utility consensus protocol and zero-knowledge proof system.\n• Tectum Wallet - a comprehensive blockchain wallet that is simple to use and enables people to manage their digital assets in one place.\n• SoftNote Bills - crypto cash that makes Bitcoin more spendable.\n• X-Factor Authenticator - a quantum-proof three-factor authentication protocol that utilizes a human-machine security algorithm to ensure maximum security.\nSocial Links\nFacebook:https://www.facebook.com/Tectum.io/\nTwitter:https://twitter.com/tectumsocial\nTelegram:https://t.me/tectumglobal\nWebsite:https://tectum.io/\nYouTube:https://youtube.com/live/RZNxpaESVKY\nSOURCE: Crispmind\nMedia details:\nCompany Name: Crispmind\nPerson Contact Name: Andrew Erikashvili, CMO\nWebsite URL:https://www.softnote.com\nWebmail:[email protected]\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/201642', 'By Facundo Zamora, CEO Finanflix and Juan Ignacio Murua, CFO Finanflix\nEver sinceBlackrock(NYSE:BLK) announced itsBitcoin(CRYPTO:BTC)\xa0ETF, the market cap of BTC has surged, now exceeding one trillion dollars—a monumental figure. To put this into perspective, even if you combined the market caps of major corporations likeCoca-Cola(NYSE:KO),Disney(NYSE:DIS),AMD(NASDAQ:AMD), andIntel(NASDAQ:INTC), their total would still fall short of BTC’s colossal valuation. This staggering growth not only underscores the significant market confidence following Blackrock’s endorsement but also highlights Bitcoin’s expanding influence in the financial world. The waterfall effect is inevitable, with smaller yet substantial funds like Fidelity and Templeton following the same path.\nThe market is rarely wrong when it comes to pricing in announced future events, and today we are witnessing Bitcoin price reaching an all-time high right before its next halving, something we have never seen before. The euphoria over BTC surpassing 73,000 USD is clearly not the same as the euphoria at 69,000 USD during 2021, with a refreshed market and a declining path projection for the Fed funds rate. Furthermore, it\'s worth noting that Blackrock is now buying over 45 million USD of BTC daily.\nLooking at the past, we have seen the cryptocurrency market grow between 10x and 50x after each halving. And we are yet to see an approval for an Ethereum ETF, which Blackrock also presented.\nEthereum(CRYPTO:ETH)\xa0provides crucial blockchain infrastructure necessary for building applications for enterprises. Among the thousands of applications, we find Infura and Consensys, both owned byJ.P. Morgan(NYSE:JPM). So, it would not be too far-fetched to envision a scenario where Ethereum rises above the trillion-dollar market cap in the short to medium term, potentially leading its price to exceed 10,000 USD per ETH. In this case, we could witness a departure from the traditional crypto theory of capital migration, where money flows first into BTC, then into ETH, and subsequently into the high caps, low caps, and altcoins, respectively. This time, Ethereum might be charting its own, somewhat independent trajectory.\nOur analysis at Finanflix concludes that the Ethereum token is becoming increasingly deflationary as activity on its blockchain rises, consequently influencing DeFi behavior.\nAfter Ethereum’s brand and token experience a significant surge, we should expect much of the capital to migrate to DeFi protocols built on its blockchain. Initially, Ethereum\'s infrastructure will struggle to handle the massive increase in transactions, and that is when its Layer 2 protocols such asArbitrum(CRYPTO:ARB),Optimism(CRYPTO:OP), andPolygon(CRYPTO:MATIC), among others, will see a spike in activity. This will put upward pressure on their prices since these protocols\' tokens are necessary to pay fees, and all the money flowing from ETH will naturally gravitate first toward the nearest protocols in terms of use. Having previously seen price returns of over 1000%, we would not be surprised to witness a similar situation under these circumstances.\nA closer look at the decentralized applications (DApps) running on Ethereum could reveal price discovery events with UNI fromUniswap(CRYPTO:UNI), Ethereum’s leading decentralized exchange, surpassing 100 USD per token, orAAVE(CRYPTO:AAVE), Ethereum’s primary lending protocol, reaching 1000 USD.\nFinally, regarding the myriad of low-cap protocols like Verasity or Arkham, not to mention meme coins/altcoins, the potential returns are uncertain. We must remember that when the real bull market hits crypto, the market can become completely irrational.\nToday, the DeFi total value locked is back over 100 billion USD. But this time, the ecosystem is much more developed, the protocols are generating revenue, and the overall market conditions are unlike anything we\'ve seen before. This precedent is likely to elevate DeFi to new levels of validation and trust, and once this happens, we will be witnessing a truly different paradigm. The opportunity cost of skepticism in these times may just be too high.\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\nThis articleDeFi\'s New Dawn: Ethereum\'s Surge Sets Stage for Unprecedented Growthoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', '• Crypto-mining revenues have jumped to a new all-time high of $78 million a day, according to Deutsche Bank.\n• The increase has closely followed bitcoin\'s rally, with the crypto repeatedly s **Last 60 Days of Bitcoin's Closing Prices:** [41796.27, 42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-14 **Financial & Commodity Data:** - Gold Closing Price: $2163.00 - Crude Oil Closing Price: $81.26 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,395,143,493,100 - Hash Rate: 579720256.0482558 - Transaction Count: 329706.0 - Unique Addresses: 663447.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.88 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Asset manager VanEck's spot bitcoin {{BTC}} exchange-traded fund (ETF) saw record daily inflows on Monday after cutting management fees to 0% for a year to make it more attractive. The VanEck Bitcoin Trust (HODL) attracted $119 million in fresh funds during the day, adding over 1,600 bitcoin, the most by a wide margin since its launch in January,datacompiled by BitMEX Research shows. VanEck lowered the management fee from 0.2% until March 31, 2025, unless it reaches $1.5 billion in assets under management, making it more attractive in a fierce competition between the newly listed bitcoin ETFs. With Monday's inflows, VanEck's offering became the sixth-largest U.S.-listed spot bitcoin ETF, handling more than 6,000 BTC ($440 million) in assets under management and overtaking rivals Invesco (BTCO) and Valkyrie (BRRR), according to BitMEX data. Spot bitcoin ETFs have enjoyed a streak of strong inflows as the bitcoin price rallied past $72,000 to record highs. Monday brought almost $1 billion of inflows for the nine new offerings combined, more than compensating for $500 million of outflows from the incumbent Grayscale Bitcoin Trust (GBTC), BitMEX data show. Last week, digital asset fund inflowshit record high of $2.7 billion, with bitcoin products attracting $2.6 billion of all flows, CoinShares reported.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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 SALVADOR (Reuters) -El Salvador will transfer "a big chunk" of its bitcoin assets to an offline device that will be stored in a physical vault within the Central American country\'s territory, President Nayib Bukele said on Thursday.\n"We\'ve decided to transfer a big chunk of our Bitcoin to a cold wallet, and store that cold wallet in a physical vault within our national territory," Bukele, who last month was re-elected to a second term as president, said in a post on X. "It\'s not much, but it\'s honest work."\nAccording to Bukele\'s social media account on Thursday, El Salvador\'s bitcoin portfolio is at close to $407 million.\nThe true size of the holdings remains unclear, but a recent rally in bitcoin values has reignited interest in the world\'s largest, if volatile, cryptocurrency.\nBitcoin on Thursday hit a record high of $73,800.\nIn September 2021, El Salvador became the first country in the world to establish bitcoin as legal tender, earning it harsh criticism. One of the strongest critics was the International Monetary Fund, which has been negotiating a large loan with the cash-poor country.\nBukele has also sketched plans for a tax-free crypto haven powered by geothermal energy from a volcano. As he prepares to enter his second term as president, ground has yet to be broken on this so-called Bitcoin City.\n(Reporting by Nelson Renteria; Writing by Sarah Morland; Editing by Anthony Esposito, Leslie Adler and Michael Perry)', 'Tesla Inc. CEO Elon Musk has been a fan ofDOGEfor some time. He first began discussing the project in 2019, whenhe posted on social media"Dogecoin might be my fav cryptocurrency. It\'s pretty cool."\nWhile this post did not have much impact on DOGE at the time, Musk continued posting about the token. He posted a meme about DOGE adoption in July 2020 that was captioned "It\'s inevitable."\xa0 After multiple years of posting, the token took off in 2021, reaching an all-time high of nearly $0.74.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin has jumped nearly 50% already this year –how much would you need to get started today?\nIt\'s clear that Musk\'s opinion on the memecoin is valued in the crypto community, and the price of DOGE reacts to his comments.\nSo, it\'s no surprise that Musk\'s latest comments on DOGE made waves in terms of the token\'s price. Musk was in Germany this week, speaking at Tesla\'s gigafactory in Berlin, which recently reopened following anarson attack.\nDuring a Q&A, Musk was asked, "When will I be able to buy a Tesla with Dogecoin?" He replied, "At some point, I think we should enable that."\nMusk also detailed some of the reasons behind his endorsement of DOGE. "The reason I ended up sort of endorsing Dogecoin is that when I was walking around the factory at Tesla, some people asked me to support Doge. Then, at SpaceX, some regular guys said, ‘Can you support Doge?’ and I was like, ‘Doge is the people’s crypto, so I will support it.\'"\nMusk also noted that you can buy Tesla merchandise with DOGE, so it has some systems in place to facilitate DOGE transactions.\nAnother important note is that Tesla accepted Bitcoin for purchases of Tesla cars for a short time in 2021. However, the program ended quickly, with Musk citing environmental concerns as the reason to stop accepting Bitcoin. This is important because DOGE is a fork of Bitcoin, meaning it uses the same method of consensus (proof of work) that Bitcoin uses, thereby posing the same environmental risks that Musk mentioned in 2021.\nThis means that electricity use could be a roadblock for DOGE in terms of the ability to use it to buy a Tesla car.\nDespite this, Musk\'s word should be taken at face value. DOGE reacted strongly, going from a low of $0.165 on the morning of March 14 to a high of $0.191, resulting in a gain of over 15%. The token sold off into the afternoon, but the sentiment is still largely bullish.Will dogecoin go upif Tesla were to begin accepting DOGE? Let’s say a $1 price target would not be out of the question.\nFor reference, a $1 DOGE would have a market cap of around $140 billion, approximately one-third that of Ethereum and one-tenth that of Bitcoin.\nRead Next:\n• Whether you have $10 or $10,000,you can start trading crypto today.\n• Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleElon Musk Breaks Silence On Dogecoin (DOGE): Is $1 Dogecoin Price Target Now Bearish?originally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'By Kevin Buckland\nTOKYO, March 15 (Reuters) - Asian stocks slumped on Friday, tracking tech-led declines on Wall Street overnight after hotter-than-forecast U.S. inflation knocked back bets for how soon and often the Federal Reserve will cut interest rates.\nU.S. benchmark bond yields held near the 4.3% level they reached on Thursday for the first time this month, following their biggest jump in three months. The dollar advanced to its highest since March 5 against a basket of major peers.\nCrude oil slipped back after its overnight surge above $85 for the first time since November, and remained on track for a rally of nearly 4% this week.\nBitcoin edged back toward the all-time high reached on Thursday.\nA bigger-than-expected rise in producer prices in U.S. data overnight added to a heated reading on consumer inflation earlier in the week to see futures markets cutting the odds of a June policy easing to 60%, from about 67% late on Wednesday, according to LSEG\'s rate probability app. For 2024, the market is now pricing in less than three rate cuts, down from three to four roughly two weeks ago.\nThe biggest reaction was in the U.S. Treasury bond market, with a pop in yields pulling the dollar along as well.\nThe 10-year Treasury yield last stood around 4.28% on Friday, holding on to most of its more than 10 basis point jump from the previous session.\nThe dollar index, which measures the currency against the euro, yen and four other peers, added 0.07% to 103.45, following a 0.58% rally on Thursday, its best day in more than a month.\n"At the margins, price pressures are looking more stubborn, with the process of disinflation taking longer than hoped," said Kyle Rodda, senior markets analyst at Capital.com.\nThe direct impact on equities was muted, but the jump in long-term yields is "raising the spectre of a potential air pocket ahead for the tech-driven rally," he said.\nU.S. stock futures pointed marginally lower following a 0.29% decline in the S&P 500 on Thursday. However, the impact of a big sell off in chip-sector shares reverberated in Asian markets, weighing on stock indexes around the region.\nHong Kong\'s Hang Seng slid more than 1%, as did South Korea\'s Kospi.\nMainland Chinese blue chips, however, were little changed, despite the central bank\'s decision to forgo any easing in keeping the medium-term lending facility rate unchanged on Friday.\nJapan\'s Nikkei eased 0.3%.\nSigns continue to build for an exit from ultra-easy stimulus at the Bank of Japan\'s two-day policy meeting ending on Tuesday of next week.\nThe government appeared to back a policy shift, with Finance Minister Shunichi Suzuki stating on Friday that the economy is no longer in deflation, despite saying earlier in the week that it was too soon to declare an end to the nation\'s protracted spiral of falling prices.\nJiji news agency reported on Thursday that the BOJ has started to make arrangements to end its negative interest rate policy at the gathering. Sources have told Reuters that the central bank will debate the end of negative rates if the preliminary survey on big firms\' wage talks, due on Friday, yields strong results.\nJapan\'s 10-year bond yield rose to 0.795% for the first time in more than three months.\nAny yen strength was overpowered by the resurgent dollar, which gained 0.11% to 148.48 yen, continuing its rebound from a drop as low as 146.48 a week ago.\nThe euro extended Thursday\'s decline and reached a low of $1.08765, its lowest level in a week. Last Friday, it climbed as high as $1.0980, a two-month high.\nIn cryptocurrencies, bitcoin added 1.4% to $71,650, climbing back toward the record high of $73,192.79 from the previous session.\nSoftware firm MicroStrategy announced plans this week to raise capital through convertible bonds, offering to buy bitcoin for the second time in less than 10 days.\nElsewhere, oil prices succumbed to some profit taking on Friday, following strong gains this week amid sharp declines in U.S. crude and fuel inventories, drone strikes on Russian refineries and a rise in energy demand forecasts.\nBrent crude oil futures for May fell 41 cents, or 0.5%, to $85.01 a barrel. U.S. West Texas Intermediate (WTI) crude for April fell 32 cents, or 0.4%, to $80.94.\n(Reporting by Kevin Buckland. Editing by Gerry Doyle)', 'Tesla Inc. CEO Elon Musk has long been a proponent of Dogecoin (DOGE),first postingabout the project in 2019, saying, "Dogecoin might be my fav cryptocurrency. It\'s pretty cool."\nAt the time, the project was still relatively unknown, so it took a handful of other posts and a larger crypto bull market for DOGE to truly take off. The token went viral,creating millionairesand making waves in the press. In 2021, the token reached an all-time high of $0.7376. While it sold off after that, it is starting to see a resurgence in 2024.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin To $100,000?Here’ **Last 60 Days of Bitcoin's Closing Prices:** [42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-15 **Financial & Commodity Data:** - Gold Closing Price: $2157.30 - Crude Oil Closing Price: $81.04 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,343,268,844,200 - Hash Rate: 529980321.6844611 - Transaction Count: 307904.0 - Unique Addresses: 749328.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.83 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Spirit Airlines Inc.’s bonds got a boost on Friday after the company told investors it was looking to refinance upcoming debt maturities. But their deeply distressed prices suggest it faces an uphill battle to avoid becoming the latest in a long line of US air carriers to go bust. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Hedge Funds Rake in Huge Profits Betting on Catastrophe Risk Putin Orders Hunt for Property of Russian Empire, Soviet Union Gloom Over China Assets Is Spreading Beyond Battered Stocks Trump Retires ‘DeSanctimonious’ Insult After DeSantis Backs Him The company’s 8% notes due 2025 jumped nearly 12 cents on the dollar to 63.25 cents, but still yield almost 40%, signaling bondholders’ skepticism about Spirit’s future. They have good reason to be cautious: with about $2.5 billion in debt and flagging revenue, the budget airline already enjoys no advantages in a market tightening the reins on risky borrowers. A bright spot — and potential lifeline — for Spirit is its fleet, which is one of the youngest among US carriers when there’s a premium on good planes. Airlines have had luck raising money using their fleet and even spare parts, which Spirit began doing in December in a series of sale-leaseback deals on its planes. After a federal antitrust ruling Tuesday scuttled JetBlue Airways Corp.’s proposed $3.8 billion acquisition of Spirit Airlines, stakeholders are rushing to determine the latter’s path forward. Its remaining financing options may require a heavy dose of creativity. Both airlines appealed the ruling Friday in a last-ditch effort to save the deal. Representatives for Spirit didn’t provide a comment Friday on the company’s financial prospects. In statements Thursday, the company said it was “not pursuing nor involved in a statutory restructuring,” and that it “has been taking, and will continue to take, prudent steps to ensure the strength” of its finances and ongoing operations. High-Yield Deal Debt markets have been relatively accommodating in recent weeks, with borrowers looking to tweak some of the terms of their loans and even issuers rated at the lower end of the junk spectrum addressing their maturities. Spirit, however, is contending with challenges stemming from its slim margins combined with payments on leases and debt. The company has bled cash in three of the past five quarters, according to data compiled by Bloomberg. That doesn’t bode well for its refinancing prospects on notes due in September 2025. It’s set to receive $70 million via a “breakup fee” if the merger fails to go through and could also see as much as $500 million from engine maker RTX Corp. to compensate it for problems that have grounded some of its fleet, according to George Ferguson, a Bloomberg Intelligence analyst. These are short-term payments and don’t solve the issue of cash burn. Story continues Valuable Assets Companies like Spirit, which rely on expensive machinery in order to operate, have a history of using their fleet as collateral to borrow fresh cash. The airline could ask current bondholders to swap their notes for longer-dated maturities backed by new or better equipment, in what’s often deemed a distressed exchange. Spirit had a fleet of 202 Airbus SE A320-family aircraft, as of Sept. 30. Delivery delays from aircraft manufacturers, the temporary grounding of Boeing Co.’s Max 9, parts shortages and lengthy or delayed engine repairs have resulted in a shortage of planes across the industry. Spirit’s operating fleet has an average age of 6.4 years, making it second youngest in a group of 13 US carriers, just behind rival deep discounter Frontier Group Holdings Inc., according to data from Cirium. Yet with a business that is fundamentally challenged, even valuable equipment has limits to its appeal. “Whoever provides financing, number one, has to be convinced that Spirit is viable as an independent-going enterprise, and I’m not sure it is,” said Blake Haxton, a credit analyst at Brandywine Global Investment Management. Even though Spirit has its fleet, most of the equipment is already pledged as collateral on existing debt. What remains isn’t enough to support the amount of cash it needs to raise, according to Bloomberg Intelligence’s Ferguson. “That is going to make it extremely challenging.” he said. “They have to manage 2024 very carefully,” and “minimize cash burn.” Private Credit Spirit could alternatively lean on the $1.6 trillion private credit market, which often provides financing in distressed situations. Doing so could also prod existing creditors to cooperate before potential funds from new investors subordinate their holdings and further crush recovery hopes in the event of a bankruptcy or liquidation. “The bondholders have a huge incentive to get in there and help Spirit through the situation,” Ferguson said. Sale for Parts While ending up in the halls of bankruptcy court doesn’t always mean the demise of an enterprise, Spirit’s options are limited when it comes to using Chapter 11 protection to shed burdensome liabilities and reemerge as a more functional business. The industry’s aircraft shortage may mean lessors or banks could decline to negotiate lower rates if the planes would be worth more in the open market, Conor Cunningham, a Melius Research analyst, said in a note. There’s likely not much room to seek employee concessions either, he said, with pilot rates 14% below those at Delta Air Lines Inc. Spirit also may face “a mass exodus altogether” among employees, he added. --With assistance from Mary Schlangenstein, Jill R. Shah, Reshmi Basu, Jeremy Hill and Richard Clough. (Updates to add information about Spirit and JetBlue appealing a federal judge’s ruling blocking their planned merger in paragraph four.) Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P. View comments... - Reddit Posts (Sample): [['u/Electrical-Flower331', 'Stop slashing off FIAT currency', 185, '2024-03-15 00:33', 'https://www.reddit.com/r/Bitcoin/comments/1bezjxv/stop_slashing_off_fiat_currency/', "And them attributing the success of BTC, by proving ingredients a measurement of FIAT value!\n\nIt's weird to do that!", 'https://i.redd.it/za67j3wdxdoc1.jpeg', '1bezjxv', [['u/Confidence_Kindly', 22, '2024-03-15 00:48', 'https://www.reddit.com/r/Bitcoin/comments/1bezjxv/stop_slashing_off_fiat_currency/kuwzhic/', '1 Bitcoin will always be worth 1 Bitcoin. But 1 Bitcoin might be worth 5 Lamborghinis one day.', '1bezjxv'], ['u/Dettol-tasting-menu', 55, '2024-03-15 00:56', 'https://www.reddit.com/r/Bitcoin/comments/1bezjxv/stop_slashing_off_fiat_currency/kux0um1/', 'Then don’t use fiat as the measuring stick. \n\nUse real estate, barrels of oil, ounces of gold, years of uni tuition, number of lambo. \n\nUltimately fiat is the unit of account today and it’s the easiest measurement, it’s just easier to convey the message, that’s all. There is no dependency on fiat as the meme seems to suggest.', '1bezjxv'], ['u/DoU92', 16, '2024-03-15 02:15', 'https://www.reddit.com/r/Bitcoin/comments/1bezjxv/stop_slashing_off_fiat_currency/kuxd7nk/', 'Most people here want to buy it for a small amount of fiat and sell it for a lot of fiat.', '1bezjxv'], ['u/Dettol-tasting-menu', 11, '2024-03-15 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1bezjxv/stop_slashing_off_fiat_currency/kuxfkrg/', 'Nothing wrong with that at all. \n\nBut the meme OP posted seems to be implying that measuring Bitcoin’s worth in fiat is somehow a gotcha, which is wrong, especially when the figure itself is hitting all time high day after day.', '1bezjxv'], ['u/5932634', 13, '2024-03-15 03:39', 'https://www.reddit.com/r/Bitcoin/comments/1bezjxv/stop_slashing_off_fiat_currency/kuxpoog/', 'You buy bitcoin to have more fiat. \n\nI buy bitcoin to have less fiat. \n\nWe are not the same.', '1bezjxv']]], ['u/digitalundergrad', 'Are you guys buying BTC at the current price?', 203, '2024-03-15 00:43', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/', "This is a question for the people that have been buying for 3+ years who have bought for much lower prices. I'd really like to buy more but don't want to mess up my DCA which is currently $31k. Personally been waiting/hoping for it to correct to $40k range to buy up a bunch more. Don't know if that will happen though as it is anybody's guess.", 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/', '1bezsc5', [['u/AdventurousNorth9414', 14, '2024-03-15 00:47', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuwzakc/', 'Yes, btc is a long haul coin, not short term.', '1bezsc5'], ['u/Sandcracka-', 335, '2024-03-15 00:48', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuwzhl4/', 'Yes', '1bezsc5'], ['u/Clnlne', 48, '2024-03-15 00:49', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuwzkb9/', 'Yes. $100-200 a day sometimes every other depending on the week/price', '1bezsc5'], ['u/Financial_Clue_2534', 89, '2024-03-15 00:56', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux0tgq/', 'Yea I DCA I don’t care about the price. The goal is to get more Bitcoin', '1bezsc5'], ['u/tacky_pear', 154, '2024-03-15 00:58', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux14ww/', 'Always be DCAing', '1bezsc5'], ['u/explosiveplacard', 100, '2024-03-15 00:59', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux1912/', "I couldn't help myself. Put a limit order in at $69,420.00 and it filled within 25 minutes.", '1bezsc5'], ['u/digitalundergrad', 13, '2024-03-15 01:03', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux1uk1/', 'Wow!', '1bezsc5'], ['u/Clnlne', 29, '2024-03-15 01:08', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux2q0k/', "Sorry! That's a recent step up, not something I've been able to maintain for more than a few months. I'm low end blue collar but had been saving for a couple years.", '1bezsc5'], ['u/notagain24', 46, '2024-03-15 01:10', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux30mr/', 'Funny I actually bought another $700 today when it dropped below $70,000.\xa0', '1bezsc5'], ['u/Willing_Plane5188', 13, '2024-03-15 01:21', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux4sb8/', 'Btc isn’t really a “get rich quick” scene anymore, I just do it out of principle as to not get my savings devalued. It’s been the best performing asset out of everything else and it seems it will remain like that for at least 10 years like Saylor said. It makes a lot of sense to me so I buy 4000 - 5000 every month, I don’t even look at my wallet anymore \n\nI’m also considering retiring in 10 years (hopefully), if that ain’t quick enough I dunno what is', '1bezsc5'], ['u/Mozad1', 24, '2024-03-15 01:23', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux52o8/', "Yes. \n\nI got into it at the beginning of 2018. \n\nThat hurt, but even during the white knuckle ride down to 3.5K believed in it, so I kept buying. I did the same during the next bull run and will be doing it during this one. \n\nThink of it this way: if I bought when it was plummeting to 4K and everyone was calling it a bubble, why wouldn't I buy it when it finally enters the traditional world of finance?\n\nPlus I don't need the money. I'm not leveraging anything. Just a daily or weekly buy.", '1bezsc5'], ['u/Own_Sky9933', 15, '2024-03-15 01:24', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux55ox/', 'Best thing I did was add the recurring buys through the week. Every once in a while I get FOMO and buy on top that. Always be stacking.', '1bezsc5'], ['u/bonni187', 14, '2024-03-15 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux98sr/', "If you don't think it can get to one million, you haven't done your research. It's not competing with Berkshire, it's competing with gold, real estate, all asset classes. Start buying and start learning!", '1bezsc5'], ['u/HodlVitality', 62, '2024-03-15 01:52', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux9jqz/', 'If 70k makes you feel this way about 40k… what is 100k going to make you feel about 70k… it’s just emotions and perspective. But I’ve only been buying for about half a year to be fair', '1bezsc5'], ['u/speedingmedicine', 186, '2024-03-15 02:00', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxaw8z/', "Daily price is irrelevant for its long term value. I was a buyer at 16k and I'm a buyer at 70k.", '1bezsc5'], ['u/guessWho3marz', 12, '2024-03-15 02:15', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxd4he/', "What's dca?", '1bezsc5'], ['u/internationalskibidi', 83, '2024-03-15 02:19', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxdsdj/', 'Diet coke addiction. Poor chummer.', '1bezsc5'], ['u/AlbatrossSuper2456', 17, '2024-03-15 02:20', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxdv04/', 'Dollar cost averaging', '1bezsc5'], ['u/Status-Seaweed-5705', 24, '2024-03-15 02:38', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxgpjc/', 'You wont see 40k$ ever again in my opinion.\n\n70k$ might be high today, but there will come a time when these prices will be the lows', '1bezsc5'], ['u/holliander919', 89, '2024-03-15 02:39', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxgvh7/', 'Amateur.\nI had one at 69,420.69\n\nFor this Premium price I had to wait about 4 hours though.', '1bezsc5'], ['u/mrluxrius', 13, '2024-03-15 02:48', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxi71f/', '100$ every monday, I will be buying the top forever.', '1bezsc5'], ['u/Lurchco3953', 10, '2024-03-15 02:49', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxicgl/', 'I had 69469', '1bezsc5'], ['u/B1GCloud', 10, '2024-03-15 03:12', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxlp98/', 'The answer is always yes', '1bezsc5'], ['u/jskol3', 12, '2024-03-15 03:23', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxnd1l/', 'Some day I think people will be talking about how sub $100k was a steal', '1bezsc5'], ['u/iamnik77', 14, '2024-03-15 03:39', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxpsll/', "Bought some today. Also bought at $2500, $10000, $16000, $20000, $25000, $28000, $36000, and $40000. Always disappointing that today's buys will not be as impactful as buys from a few years ago but what else can I do? We know where USD is headed.", '1bezsc5'], ['u/Minute_Disk9857', 12, '2024-03-15 03:41', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxq3qg/', 'save half your money for a large correction. and dca the other half?', '1bezsc5'], ['u/Chris82Price', 11, '2024-03-15 03:45', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxql11/', 'Me too I bought more ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81
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:** ['SAN SALVADOR (Reuters) -El Salvador will transfer "a big chunk" of its bitcoin assets to an offline device that will be stored in a physical vault within the Central American country\'s territory, President Nayib Bukele said on Thursday.\n"We\'ve decided to transfer a big chunk of our Bitcoin to a cold wallet, and store that cold wallet in a physical vault within our national territory," Bukele, who last month was re-elected to a second term as president, said in a post on X. "It\'s not much, but it\'s honest work."\nAccording to Bukele\'s social media account on Thursday, El Salvador\'s bitcoin portfolio is at close to $407 million.\nThe true size of the holdings remains unclear, but a recent rally in bitcoin values has reignited interest in the world\'s largest, if volatile, cryptocurrency.\nBitcoin on Thursday hit a record high of $73,800.\nIn September 2021, El Salvador became the first country in the world to establish bitcoin as legal tender, earning it harsh criticism. One of the strongest critics was the International Monetary Fund, which has been negotiating a large loan with the cash-poor country.\nBukele has also sketched plans for a tax-free crypto haven powered by geothermal energy from a volcano. As he prepares to enter his second term as president, ground has yet to be broken on this so-called Bitcoin City.\n(Reporting by Nelson Renteria; Writing by Sarah Morland; Editing by Anthony Esposito, Leslie Adler and Michael Perry)', 'Tesla Inc. CEO Elon Musk has been a fan ofDOGEfor some time. He first began discussing the project in 2019, whenhe posted on social media"Dogecoin might be my fav cryptocurrency. It\'s pretty cool."\nWhile this post did not have much impact on DOGE at the time, Musk continued posting about the token. He posted a meme about DOGE adoption in July 2020 that was captioned "It\'s inevitable."\xa0 After multiple years of posting, the token took off in 2021, reaching an all-time high of nearly $0.74.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin has jumped nearly 50% already this year –how much would you need to get started today?\nIt\'s clear that Musk\'s opinion on the memecoin is valued in the crypto community, and the price of DOGE reacts to his comments.\nSo, it\'s no surprise that Musk\'s latest comments on DOGE made waves in terms of the token\'s price. Musk was in Germany this week, speaking at Tesla\'s gigafactory in Berlin, which recently reopened following anarson attack.\nDuring a Q&A, Musk was asked, "When will I be able to buy a Tesla with Dogecoin?" He replied, "At some point, I think we should enable that."\nMusk also detailed some of the reasons behind his endorsement of DOGE. "The reason I ended up sort of endorsing Dogecoin is that when I was walking around the factory at Tesla, some people asked me to support Doge. Then, at SpaceX, some regular guys said, ‘Can you support Doge?’ and I was like, ‘Doge is the people’s crypto, so I will support it.\'"\nMusk also noted that you can buy Tesla merchandise with DOGE, so it has some systems in place to facilitate DOGE transactions.\nAnother important note is that Tesla accepted Bitcoin for purchases of Tesla cars for a short time in 2021. However, the program ended quickly, with Musk citing environmental concerns as the reason to stop accepting Bitcoin. This is important because DOGE is a fork of Bitcoin, meaning it uses the same method of consensus (proof of work) that Bitcoin uses, thereby posing the same environmental risks that Musk mentioned in 2021.\nThis means that electricity use could be a roadblock for DOGE in terms of the ability to use it to buy a Tesla car.\nDespite this, Musk\'s word should be taken at face value. DOGE reacted strongly, going from a low of $0.165 on the morning of March 14 to a high of $0.191, resulting in a gain of over 15%. The token sold off into the afternoon, but the sentiment is still largely bullish.Will dogecoin go upif Tesla were to begin accepting DOGE? Let’s say a $1 price target would not be out of the question.\nFor reference, a $1 DOGE would have a market cap of around $140 billion, approximately one-third that of Ethereum and one-tenth that of Bitcoin.\nRead Next:\n• Whether you have $10 or $10,000,you can start trading crypto today.\n• Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleElon Musk Breaks Silence On Dogecoin (DOGE): Is $1 Dogecoin Price Target Now Bearish?originally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'By Kevin Buckland\nTOKYO, March 15 (Reuters) - Asian stocks slumped on Friday, tracking tech-led declines on Wall Street overnight after hotter-than-forecast U.S. inflation knocked back bets for how soon and often the Federal Reserve will cut interest rates.\nU.S. benchmark bond yields held near the 4.3% level they reached on Thursday for the first time this month, following their biggest jump in three months. The dollar advanced to its highest since March 5 against a basket of major peers.\nCrude oil slipped back after its overnight surge above $85 for the first time since November, and remained on track for a rally of nearly 4% this week.\nBitcoin edged back toward the all-time high reached on Thursday.\nA bigger-than-expected rise in producer prices in U.S. data overnight added to a heated reading on consumer inflation earlier in the week to see futures markets cutting the odds of a June policy easing to 60%, from about 67% late on Wednesday, according to LSEG\'s rate probability app. For 2024, the market is now pricing in less than three rate cuts, down from three to four roughly two weeks ago.\nThe biggest reaction was in the U.S. Treasury bond market, with a pop in yields pulling the dollar along as well.\nThe 10-year Treasury yield last stood around 4.28% on Friday, holding on to most of its more than 10 basis point jump from the previous session.\nThe dollar index, which measures the currency against the euro, yen and four other peers, added 0.07% to 103.45, following a 0.58% rally on Thursday, its best day in more than a month.\n"At the margins, price pressures are looking more stubborn, with the process of disinflation taking longer than hoped," said Kyle Rodda, senior markets analyst at Capital.com.\nThe direct impact on equities was muted, but the jump in long-term yields is "raising the spectre of a potential air pocket ahead for the tech-driven rally," he said.\nU.S. stock futures pointed marginally lower following a 0.29% decline in the S&P 500 on Thursday. However, the impact of a big sell off in chip-sector shares reverberated in Asian markets, weighing on stock indexes around the region.\nHong Kong\'s Hang Seng slid more than 1%, as did South Korea\'s Kospi.\nMainland Chinese blue chips, however, were little changed, despite the central bank\'s decision to forgo any easing in keeping the medium-term lending facility rate unchanged on Friday.\nJapan\'s Nikkei eased 0.3%.\nSigns continue to build for an exit from ultra-easy stimulus at the Bank of Japan\'s two-day policy meeting ending on Tuesday of next week.\nThe government appeared to back a policy shift, with Finance Minister Shunichi Suzuki stating on Friday that the economy is no longer in deflation, despite saying earlier in the week that it was too soon to declare an end to the nation\'s protracted spiral of falling prices.\nJiji news agency reported on Thursday that the BOJ has started to make arrangements to end its negative interest rate policy at the gathering. Sources have told Reuters that the central bank will debate the end of negative rates if the preliminary survey on big firms\' wage talks, due on Friday, yields strong results.\nJapan\'s 10-year bond yield rose to 0.795% for the first time in more than three months.\nAny yen strength was overpowered by the resurgent dollar, which gained 0.11% to 148.48 yen, continuing its rebound from a drop as low as 146.48 a week ago.\nThe euro extended Thursday\'s decline and reached a low of $1.08765, its lowest level in a week. Last Friday, it climbed as high as $1.0980, a two-month high.\nIn cryptocurrencies, bitcoin added 1.4% to $71,650, climbing back toward the record high of $73,192.79 from the previous session.\nSoftware firm MicroStrategy announced plans this week to raise capital through convertible bonds, offering to buy bitcoin for the second time in less than 10 days.\nElsewhere, oil prices succumbed to some profit taking on Friday, following strong gains this week amid sharp declines in U.S. crude and fuel inventories, drone strikes on Russian refineries and a rise in energy demand forecasts.\nBrent crude oil futures for May fell 41 cents, or 0.5%, to $85.01 a barrel. U.S. West Texas Intermediate (WTI) crude for April fell 32 cents, or 0.4%, to $80.94.\n(Reporting by Kevin Buckland. Editing by Gerry Doyle)', 'Tesla Inc. CEO Elon Musk has long been a proponent of Dogecoin (DOGE),first postingabout the project in 2019, saying, "Dogecoin might be my fav cryptocurrency. It\'s pretty cool."\nAt the time, the project was still relatively unknown, so it took a handful of other posts and a larger crypto bull market for DOGE to truly take off. The token went viral,creating millionairesand making waves in the press. In 2021, the token reached an all-time high of $0.7376. While it sold off after that, it is starting to see a resurgence in 2024.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• Bitcoin To $100,000?Here’ **Last 60 Days of Bitcoin's Closing Prices:** [42511.97, 43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-15 **Financial & Commodity Data:** - Gold Closing Price: $2157.30 - Crude Oil Closing Price: $81.04 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,343,268,844,200 - Hash Rate: 529980321.6844611 - Transaction Count: 307904.0 - Unique Addresses: 749328.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.83 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Spirit Airlines Inc.’s bonds got a boost on Friday after the company told investors it was looking to refinance upcoming debt maturities. But their deeply distressed prices suggest it faces an uphill battle to avoid becoming the latest in a long line of US air carriers to go bust. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Race, Endorses Trump Hedge Funds Rake in Huge Profits Betting on Catastrophe Risk Putin Orders Hunt for Property of Russian Empire, Soviet Union Gloom Over China Assets Is Spreading Beyond Battered Stocks Trump Retires ‘DeSanctimonious’ Insult After DeSantis Backs Him The company’s 8% notes due 2025 jumped nearly 12 cents on the dollar to 63.25 cents, but still yield almost 40%, signaling bondholders’ skepticism about Spirit’s future. They have good reason to be cautious: with about $2.5 billion in debt and flagging revenue, the budget airline already enjoys no advantages in a market tightening the reins on risky borrowers. A bright spot — and potential lifeline — for Spirit is its fleet, which is one of the youngest among US carriers when there’s a premium on good planes. Airlines have had luck raising money using their fleet and even spare parts, which Spirit began doing in December in a series of sale-leaseback deals on its planes. After a federal antitrust ruling Tuesday scuttled JetBlue Airways Corp.’s proposed $3.8 billion acquisition of Spirit Airlines, stakeholders are rushing to determine the latter’s path forward. Its remaining financing options may require a heavy dose of creativity. Both airlines appealed the ruling Friday in a last-ditch effort to save the deal. Representatives for Spirit didn’t provide a comment Friday on the company’s financial prospects. In statements Thursday, the company said it was “not pursuing nor involved in a statutory restructuring,” and that it “has been taking, and will continue to take, prudent steps to ensure the strength” of its finances and ongoing operations. High-Yield Deal Debt markets have been relatively accommodating in recent weeks, with borrowers looking to tweak some of the terms of their loans and even issuers rated at the lower end of the junk spectrum addressing their maturities. Spirit, however, is contending with challenges stemming from its slim margins combined with payments on leases and debt. The company has bled cash in three of the past five quarters, according to data compiled by Bloomberg. That doesn’t bode well for its refinancing prospects on notes due in September 2025. It’s set to receive $70 million via a “breakup fee” if the merger fails to go through and could also see as much as $500 million from engine maker RTX Corp. to compensate it for problems that have grounded some of its fleet, according to George Ferguson, a Bloomberg Intelligence analyst. These are short-term payments and don’t solve the issue of cash burn. Story continues Valuable Assets Companies like Spirit, which rely on expensive machinery in order to operate, have a history of using their fleet as collateral to borrow fresh cash. The airline could ask current bondholders to swap their notes for longer-dated maturities backed by new or better equipment, in what’s often deemed a distressed exchange. Spirit had a fleet of 202 Airbus SE A320-family aircraft, as of Sept. 30. Delivery delays from aircraft manufacturers, the temporary grounding of Boeing Co.’s Max 9, parts shortages and lengthy or delayed engine repairs have resulted in a shortage of planes across the industry. Spirit’s operating fleet has an average age of 6.4 years, making it second youngest in a group of 13 US carriers, just behind rival deep discounter Frontier Group Holdings Inc., according to data from Cirium. Yet with a business that is fundamentally challenged, even valuable equipment has limits to its appeal. “Whoever provides financing, number one, has to be convinced that Spirit is viable as an independent-going enterprise, and I’m not sure it is,” said Blake Haxton, a credit analyst at Brandywine Global Investment Management. Even though Spirit has its fleet, most of the equipment is already pledged as collateral on existing debt. What remains isn’t enough to support the amount of cash it needs to raise, according to Bloomberg Intelligence’s Ferguson. “That is going to make it extremely challenging.” he said. “They have to manage 2024 very carefully,” and “minimize cash burn.” Private Credit Spirit could alternatively lean on the $1.6 trillion private credit market, which often provides financing in distressed situations. Doing so could also prod existing creditors to cooperate before potential funds from new investors subordinate their holdings and further crush recovery hopes in the event of a bankruptcy or liquidation. “The bondholders have a huge incentive to get in there and help Spirit through the situation,” Ferguson said. Sale for Parts While ending up in the halls of bankruptcy court doesn’t always mean the demise of an enterprise, Spirit’s options are limited when it comes to using Chapter 11 protection to shed burdensome liabilities and reemerge as a more functional business. The industry’s aircraft shortage may mean lessors or banks could decline to negotiate lower rates if the planes would be worth more in the open market, Conor Cunningham, a Melius Research analyst, said in a note. There’s likely not much room to seek employee concessions either, he said, with pilot rates 14% below those at Delta Air Lines Inc. Spirit also may face “a mass exodus altogether” among employees, he added. --With assistance from Mary Schlangenstein, Jill R. Shah, Reshmi Basu, Jeremy Hill and Richard Clough. (Updates to add information about Spirit and JetBlue appealing a federal judge’s ruling blocking their planned merger in paragraph four.) Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P. View comments... - Reddit Posts (Sample): [['u/Electrical-Flower331', 'Stop slashing off FIAT currency', 185, '2024-03-15 00:33', 'https://www.reddit.com/r/Bitcoin/comments/1bezjxv/stop_slashing_off_fiat_currency/', "And them attributing the success of BTC, by proving ingredients a measurement of FIAT value!\n\nIt's weird to do that!", 'https://i.redd.it/za67j3wdxdoc1.jpeg', '1bezjxv', [['u/Confidence_Kindly', 22, '2024-03-15 00:48', 'https://www.reddit.com/r/Bitcoin/comments/1bezjxv/stop_slashing_off_fiat_currency/kuwzhic/', '1 Bitcoin will always be worth 1 Bitcoin. But 1 Bitcoin might be worth 5 Lamborghinis one day.', '1bezjxv'], ['u/Dettol-tasting-menu', 55, '2024-03-15 00:56', 'https://www.reddit.com/r/Bitcoin/comments/1bezjxv/stop_slashing_off_fiat_currency/kux0um1/', 'Then don’t use fiat as the measuring stick. \n\nUse real estate, barrels of oil, ounces of gold, years of uni tuition, number of lambo. \n\nUltimately fiat is the unit of account today and it’s the easiest measurement, it’s just easier to convey the message, that’s all. There is no dependency on fiat as the meme seems to suggest.', '1bezjxv'], ['u/DoU92', 16, '2024-03-15 02:15', 'https://www.reddit.com/r/Bitcoin/comments/1bezjxv/stop_slashing_off_fiat_currency/kuxd7nk/', 'Most people here want to buy it for a small amount of fiat and sell it for a lot of fiat.', '1bezjxv'], ['u/Dettol-tasting-menu', 11, '2024-03-15 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1bezjxv/stop_slashing_off_fiat_currency/kuxfkrg/', 'Nothing wrong with that at all. \n\nBut the meme OP posted seems to be implying that measuring Bitcoin’s worth in fiat is somehow a gotcha, which is wrong, especially when the figure itself is hitting all time high day after day.', '1bezjxv'], ['u/5932634', 13, '2024-03-15 03:39', 'https://www.reddit.com/r/Bitcoin/comments/1bezjxv/stop_slashing_off_fiat_currency/kuxpoog/', 'You buy bitcoin to have more fiat. \n\nI buy bitcoin to have less fiat. \n\nWe are not the same.', '1bezjxv']]], ['u/digitalundergrad', 'Are you guys buying BTC at the current price?', 203, '2024-03-15 00:43', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/', "This is a question for the people that have been buying for 3+ years who have bought for much lower prices. I'd really like to buy more but don't want to mess up my DCA which is currently $31k. Personally been waiting/hoping for it to correct to $40k range to buy up a bunch more. Don't know if that will happen though as it is anybody's guess.", 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/', '1bezsc5', [['u/AdventurousNorth9414', 14, '2024-03-15 00:47', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuwzakc/', 'Yes, btc is a long haul coin, not short term.', '1bezsc5'], ['u/Sandcracka-', 335, '2024-03-15 00:48', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuwzhl4/', 'Yes', '1bezsc5'], ['u/Clnlne', 48, '2024-03-15 00:49', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuwzkb9/', 'Yes. $100-200 a day sometimes every other depending on the week/price', '1bezsc5'], ['u/Financial_Clue_2534', 89, '2024-03-15 00:56', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux0tgq/', 'Yea I DCA I don’t care about the price. The goal is to get more Bitcoin', '1bezsc5'], ['u/tacky_pear', 154, '2024-03-15 00:58', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux14ww/', 'Always be DCAing', '1bezsc5'], ['u/explosiveplacard', 100, '2024-03-15 00:59', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux1912/', "I couldn't help myself. Put a limit order in at $69,420.00 and it filled within 25 minutes.", '1bezsc5'], ['u/digitalundergrad', 13, '2024-03-15 01:03', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux1uk1/', 'Wow!', '1bezsc5'], ['u/Clnlne', 29, '2024-03-15 01:08', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux2q0k/', "Sorry! That's a recent step up, not something I've been able to maintain for more than a few months. I'm low end blue collar but had been saving for a couple years.", '1bezsc5'], ['u/notagain24', 46, '2024-03-15 01:10', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux30mr/', 'Funny I actually bought another $700 today when it dropped below $70,000.\xa0', '1bezsc5'], ['u/Willing_Plane5188', 13, '2024-03-15 01:21', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux4sb8/', 'Btc isn’t really a “get rich quick” scene anymore, I just do it out of principle as to not get my savings devalued. It’s been the best performing asset out of everything else and it seems it will remain like that for at least 10 years like Saylor said. It makes a lot of sense to me so I buy 4000 - 5000 every month, I don’t even look at my wallet anymore \n\nI’m also considering retiring in 10 years (hopefully), if that ain’t quick enough I dunno what is', '1bezsc5'], ['u/Mozad1', 24, '2024-03-15 01:23', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux52o8/', "Yes. \n\nI got into it at the beginning of 2018. \n\nThat hurt, but even during the white knuckle ride down to 3.5K believed in it, so I kept buying. I did the same during the next bull run and will be doing it during this one. \n\nThink of it this way: if I bought when it was plummeting to 4K and everyone was calling it a bubble, why wouldn't I buy it when it finally enters the traditional world of finance?\n\nPlus I don't need the money. I'm not leveraging anything. Just a daily or weekly buy.", '1bezsc5'], ['u/Own_Sky9933', 15, '2024-03-15 01:24', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux55ox/', 'Best thing I did was add the recurring buys through the week. Every once in a while I get FOMO and buy on top that. Always be stacking.', '1bezsc5'], ['u/bonni187', 14, '2024-03-15 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux98sr/', "If you don't think it can get to one million, you haven't done your research. It's not competing with Berkshire, it's competing with gold, real estate, all asset classes. Start buying and start learning!", '1bezsc5'], ['u/HodlVitality', 62, '2024-03-15 01:52', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kux9jqz/', 'If 70k makes you feel this way about 40k… what is 100k going to make you feel about 70k… it’s just emotions and perspective. But I’ve only been buying for about half a year to be fair', '1bezsc5'], ['u/speedingmedicine', 186, '2024-03-15 02:00', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxaw8z/', "Daily price is irrelevant for its long term value. I was a buyer at 16k and I'm a buyer at 70k.", '1bezsc5'], ['u/guessWho3marz', 12, '2024-03-15 02:15', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxd4he/', "What's dca?", '1bezsc5'], ['u/internationalskibidi', 83, '2024-03-15 02:19', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxdsdj/', 'Diet coke addiction. Poor chummer.', '1bezsc5'], ['u/AlbatrossSuper2456', 17, '2024-03-15 02:20', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxdv04/', 'Dollar cost averaging', '1bezsc5'], ['u/Status-Seaweed-5705', 24, '2024-03-15 02:38', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxgpjc/', 'You wont see 40k$ ever again in my opinion.\n\n70k$ might be high today, but there will come a time when these prices will be the lows', '1bezsc5'], ['u/holliander919', 89, '2024-03-15 02:39', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxgvh7/', 'Amateur.\nI had one at 69,420.69\n\nFor this Premium price I had to wait about 4 hours though.', '1bezsc5'], ['u/mrluxrius', 13, '2024-03-15 02:48', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxi71f/', '100$ every monday, I will be buying the top forever.', '1bezsc5'], ['u/Lurchco3953', 10, '2024-03-15 02:49', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxicgl/', 'I had 69469', '1bezsc5'], ['u/B1GCloud', 10, '2024-03-15 03:12', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxlp98/', 'The answer is always yes', '1bezsc5'], ['u/jskol3', 12, '2024-03-15 03:23', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxnd1l/', 'Some day I think people will be talking about how sub $100k was a steal', '1bezsc5'], ['u/iamnik77', 14, '2024-03-15 03:39', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxpsll/', "Bought some today. Also bought at $2500, $10000, $16000, $20000, $25000, $28000, $36000, and $40000. Always disappointing that today's buys will not be as impactful as buys from a few years ago but what else can I do? We know where USD is headed.", '1bezsc5'], ['u/Minute_Disk9857', 12, '2024-03-15 03:41', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxq3qg/', 'save half your money for a large correction. and dca the other half?', '1bezsc5'], ['u/Chris82Price', 11, '2024-03-15 03:45', 'https://www.reddit.com/r/Bitcoin/comments/1bezsc5/are_you_guys_buying_btc_at_the_current_price/kuxql11/', 'Me too I bought more ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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 fell on Friday as investors digested the week\'s hotter-than-expected inflation data.\n• Consumer and producer prices rose more than expected in February, government data showed.\n• Investors continued to dial back their expectations for Fed rate cuts in 2024.\nUS stocks fell on Friday as traders fretted over hot inflation data and continued to dial back their expectations for rate cuts in 2024. All three benchmark indexes ended the lower, while bond yields ticked slightly higher.\nThe S&P 500 ended with its second straight weekly loss.\nBoth consumer and producer prices came in hotter than expected this week, with the consumer price index rising 3.2% and the producer price index rising 1.6% year-per-year, the Bureau of Labor Statistics reported.\nHot inflation is the Fed\'s main focus, and investors are growing concerned that central bankers could end up holding interest rates higher for a lot longer to keep prices from surging again, especially as the economy looks to be going strong.\n"Inflation reports this week served as a reminder that normalization is not a straight line, and pressures remain in many pockets," Mark Hackett, Nationwide\'s chief of investment said in a note on Friday.\nThe Fed\'s next policy meeting is just around the corner, with central bankers set to begin the two-day policy meeting next Tuesday to decide the next policy move. Markets are pricing in a near-100% chance the Fed will keep rates unchanged this month, according to theCME FedWatch tool.\nInvestors also continued to dial back their expectations for rate cuts for the rest of the year. Markets are now pricing just a 30% chance the Fed could slash rates by 100 basis points or more by December, down from a 64% probability priced in a month ago, and odds of a June rate cut have come down to about a coin-toss.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500: 5,116.95, down 0.65%\n• Dow Jones Industrial Average: 38,714.77, down 0.49% (-190.89 points)\n• Nasdaq Composite: 15,973.17, down 0.96%\nHere\'s what else is going on today:\n• TheNvidia-led AI boom could spread to three different areasof the stock market, according to Goldman Sachs.\n• Soaring US debt could "break" markets at some pointif spending isn\'t reined in, according to one Wharton finance professor.\n• The S&P 500 is "bizarrely overvalued"and could crash 49%, according to an elite strategist.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude slipped 0.36% to $80.98 a barrel.Brent crude, the international benchmark, fell 0.1% to trade at $85.28 a barrel.\n• Goldticked 0.19% lower to $2,157.55 per ounce.\n• The 10-year Treasury yield was about flat at 4.30%.\n• Bitcoinrose 0.26% to $70,230.\nRead the original article onBusiness Insider', '• Sam Bankman-Fried came up with a list of bad ideas after FTX\'s bankruptcy\n• One of them was going on Tucker Carlson\'s show and taking an anti-woke heel turn.\n• The list was included in prosecutors\' sentencing submission, asking for 50 years in prison.\nAfter FTX declared bankruptcy, in November 2022, its founder and former CEO came up with a list of terrible ideas.\nIna Google Document, which was prefaced "random probably bad ideas" and labeled confidential, Sam Bankman-Fried listed ways in which he might be able to rebuild his reputation.\nThe list included attacking the bankruptcy lawyers (which he ultimately did), attacking the rival cryptocurrency exchange Binance (ditto), and doing an ABC News interview with author Michael Lewis (Lewis does not work for ABC).\nThe most striking item on the list was going on then-Fox News host Tucker Carlson\'s show to "come out as a republican."\nOn Carlson\'s show, Bankman-Fried could "Come out against the woke agenda" and also criticize the bankruptcy lawyers who took over FTX and were trying to get money back to defrauded customers, he wrote on the list.\n"Talk about how the cartel of lawyers is destroying value and throwing entrepreneurs under the bus in order to cover up the incompetence of lawyers," Bankman-Fried memorialized.\nA copy of the document was included as an exhibit in a sentencing memorandum filed Friday by federal prosecutors in Manhattan.\nIn November, ajury found Bankman-Fried guiltyof seven counts of fraud and conspiracy. Numerous former executives and associates testified that Bankman-Fried commingled funds of FTX customers with Alameda Research, a cryptocurrency trading firm he also controlled. The losses, prosecutors say, exceeded $10 billion.\nProsecutors are asking a judge to sentence Bankman-Fried to between 40 and 50 years in prison and issue an $11 billion judgment. They said Bernie Madoff\'s crimes should be used as a benchmark for Bankman-Fried, whose fraud they call "one of the largest financial frauds in history, and what is likely the largest fraud in the last decade."\nThe list of ideas, prosecutors said, was evidence Bankman-Fried was "motivated to launch his redemption narrative and has already been thinking about how to spin it" — and should therefore get a long prison sentence.\nUS District Judge Lewis Kaplan will weigh prosecutors\' memo against one by Bankman-Fried\'s lawyers, whoasked for a sentence of no more than about six years.\nBankman-Fried acknowledged his list of ideas was not very good.\n"Note: these are all random probably bad ideas that aren\'t vetted," the document says at the top.\nPage 2 ofSam Bankman Fried bad idea list prosecutor sentencing submission\nContributed toDocumentCloudby Insider Staff (Insider Inc.) •View documentorread text\nBankman-Fried never ended up on Carlson\'s show, which was canceled by Fox News in 2023. (Carlson has since switched to vlogging on X, formerly known as Twitter, and launching his own subscription product.)\nSome of the ideas came to fruition, though.\nBankman-Fried and his family have long argued that FTX customers would have speedily recovered their money if only bankruptcy lawyers had cooperated with him.\n"Focus almost exclusively on the fact that we could give value back to customers and the Chapter 11 team is destroying it," Bankman-Fried wrote on one list entry.\n"Focus on the fact that the Chapter 11 team has no idea how to run FTX, it\'s colonial, run by a cartel of lawyers," he wrote in another.\n"Come out as extremely pro crypto, pro freedom," he added.\nInanother list, he tried to think of people who he could court for support.\nHe listed "Alt right?" and "Some other displaced group?" under the category of "Random subgroup support."\nIn a bankruptcy court hearing earlier this year, FTX lawyers said customers could be made whole — something that Bankman-Fried\'s lawyers have cited to argue for a light sentence.\nBut prosecutors say that claim doesn\'t tell the full story. It doesn\'t account for the work that FTX lawyers put into liquidating and clawing back various investments Bankman-Fried made with customer money, they wrote.\nOwners of Bitcoin on FTX\'s platform wouldn\'t be able to take advantage of the rise in the cryptocurrency\'s prices because Bankman-Fried had already spent it, they wrote. Instead, they\'d get the November 2022 dollar amount for those currencies — far less than what they would be worth today.\nBankman-Fried, in his list, seemed cognizant of his political reputation. He donated primarily to Democrats in Congressional races. But, according totrial testimonyandmessages obtained by prosecutors, he participated in a straw donor scheme where he\'d funnel FTX customer funds through other executives to Republicans and right-leaning dark money groups.\nBankman-Fried wrote that he could highlight that aspect of his political spending on Carlson\'s show.\n"While public contributions show one thing, you see another thing including super pacs," he wrote.\nIn another list, Bankman-Fried came up with a list of "Allies."\nThe only person on that list is "Skreli,"an apparent reference to Martin Shkreli.\nBankman-Fried mused on politicians and reporters who "might be helpful" to him, including US Senator Cory Booker of New Jersey, Lewis, and Bloomberg columnist Matt Levine.\nIt was onBloomberg\'s "Odd Lots" podcastwhere Levine famously described Bankman-Fried\'s thoughts on cryptocurrency as "the Ponzi business."\nBankman-Fried thought he could give it another shot.\n"Go head to head with Matt Levine on Odd Lots, really lean in to arguments," he wrote.\nRead the original article onBusiness Insider', "After a tumultuous 2022 that saw crypto asset prices tank, the cryptocurrency market has come roaring back in the last 14 months. With this favorable backdrop in mind, it's not surprising that some of the most speculative tokens are on the way up.\nLook at dog-themed meme tokenShiba Inu(CRYPTO: SHIB). Yes, it remains 64% off its peak price from October 2021. But as of March 13, the digital asset has skyrocketed 238% in just the last month.\nGiven this powerful momentum, perhaps supporters are hoping there are better days ahead. Is Shiba Inu a top cryptocurrency to buy right now?\nShiba Inu's rise coincides with the ascent of its inspiration,Dogecoin, which has more than doubled in the past month. Another more under-the-radar token, calledPEPE, which isn't even one year old, has soared by a whopping 700% in the period.\nWhile it's impossible to know exactly what is causing these price spikes, we can point to a factor that is perhaps adding to buyers' excitement: the monster success of the new spotBitcoinexchange-traded funds(ETFs). Regulatory approval of these highly anticipated financial instruments lends a certain level of legitimacy to the entire asset class. Maybe investors are hoping for more crypto ETF approvals to happen.\nBecause Shiba Inu is viewed as one of the most speculative cryptocurrencies out there, it makes sense that its price can surge rapidly. Once early buyers get in, the price increase attracts more attention, creating a positive feedback loop. This momentum can be a powerful force, until it unpr **Last 60 Days of Bitcoin's Closing Prices:** [43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-16 **Financial & Commodity Data:** - Gold Closing Price: $2157.30 - Crude Oil Closing Price: $81.04 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,340,785,348,712 - Hash Rate: 600922569.4689952 - Transaction Count: 355760.0 - Unique Addresses: 621787.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.81 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • Ether has outperformed its larger rival, bitcoin year-to-date. • Bernstein sees five catalysts contributing to the cryptocurrency’s recent gains. • Increased decentralized finance activity is a tailwind for the network. Ether {{ETH}}, the world's second-largest cryptocurrency, has outperformed its larger rival bitcoin {{BTC}}, with a 33% gain year-to-date. This rally is being driven by catalysts other than thepotential approvalof a spot exchange-traded fund (ETF), broker Bernstein said in a research report on Monday. Firstly, the ether supply is deflationary and has not increased since the Ethereum blockchain’sshiftto a proof-of-stake consensus model in September 2022, the report said, adding that this fact is being underappreciated. The amount of ether locked up is also an important factor. Bernstein notes that ETH held on exchanges is at an all-time low of 11%, a sign that more of the cryptocurrency is being locked up. There is ETH locked in staking pools,decentralized finance(DeFi)smart contractsand onlayer-2s. “With the growth of ETH transaction fees based on higher blockchain activity (more DeFi, NFTs, tokens), more ETH holders are incentivized to stake their ETH,” analysts Gautam Chhugani and Mahika Sapra wrote. “And as financial smart contracts on Ethereum Layer 2 networks scale (Arbitrum, Optimism and Polygon), more ETH finds itself locked in smart contracts, leading to a reflexive feedback loop of increased demand,” the authors wrote. TheEigen layer, a protocol used for restaking ether, has also attracted more staking demand, as “ETH (re)stakers gain from new tokens/services launched on Eigen,” the note said. Since the start of 2023, new layer 2 networks have brought scalability and lower fees to the Ethereum network in a revival of decentralized finance, Bernstein said. With further clarity on token regulations, “application tokens such as DeFi tokens could potentially allow revenue sharing with token stakers,” the report said, adding that a “healthy DeFi ecosystem would continue to drive higher activity and Ethereum fees,” and therefore more value accrual to ETH. TheUniswapfee switch proposal, which resulted in a 60% gain in the UNI governance token, is cited as one such example of how “token economic designs” could get better. The last main catalyst is theDencun upgradeof the Ethereum blockchain, planned for March this year. Following the upgrade, “ETH contributors expect a further 90% reduction in Ethereum layer 2 transaction costs and improved profitability of layer 2 networks,” which will reduce congestion on the mainnet and drive higher volumes to the ecosystem, the report added.Read more:Ether Could Be The Next 'Institutional Darling,’ Bernstein Says... - Reddit Posts (Sample): [['u/Global_Jacket4962', 'PSA to whoever ', 37, '2024-03-16 00:04', 'https://www.reddit.com/r/SHIBArmy/comments/1bfr8ht/psa_to_whoever/', 'I’m pretty sure - but correct me if I’m wrong.\nWe are NOT- yet in the bull run.\nThe bull run takes place after bitcoin halving.\n\nAt least that’s how I remember it.\n\nIs this not the “accumulation stage”\n\nI feel like we’re in different dimensions right now because that’s definitely how I remember it ', 'https://www.reddit.com/r/SHIBArmy/comments/1bfr8ht/psa_to_whoever/', '1bfr8ht', [['u/rpaulson69', 10, '2024-03-16 01:19', 'https://www.reddit.com/r/SHIBArmy/comments/1bfr8ht/psa_to_whoever/kv2mw85/', 'Stacking frantically before 420 I am!', '1bfr8ht']]], ['u/Training-Daikon-7657', "CNBC's Fast Money (@CNBCFastMoney) on X", 46, '2024-03-16 00:24', 'https://www.reddit.com/r/TLRY/comments/1bfrowr/cnbcs_fast_money_cnbcfastmoney_on_x/', 'Institutional money about to flooooowwww in. Think what just happened with BTC after the approval of Bitcoin ETFs. \n\nTLRY from $1.8 to $25 then to $75', 'https://twitter.com/CNBCFastMoney/status/1768758916983185722', '1bfrowr', [['u/Tight_Gold_3457', 14, '2024-03-16 00:53', 'https://www.reddit.com/r/TLRY/comments/1bfrowr/cnbcs_fast_money_cnbcfastmoney_on_x/kv2j3eb/', 'So glad he said what he did!! He’s right too, this is just retail. What til big boys get in 🚀💰💎🙌🏻', '1bfrowr']]], ['u/Kronos5111', 'Theory about RIOT valuation ', 10, '2024-03-16 01:34', 'https://www.reddit.com/r/RiotBlockchain/comments/1bft8nq/theory_about_riot_valuation/', 'Was talking to someone about mining companies like RIOT and MARA. He thinks the stock is being shorted hard at the moment because of uncertainty if they will survive after the halving. He said he’s confident though BTC will keep going up to sustainable prices and that their infrastructure is sufficient and this will likely induce a short squeeze after a quarter or two of earnings and BTC price discovery.\n\nWhat do you think about this? In your opinion does it make sense or do you disagree?', 'https://www.reddit.com/r/RiotBlockchain/comments/1bft8nq/theory_about_riot_valuation/', '1bft8nq', [['u/ZekeTarsim', 10, '2024-03-16 01:59', 'https://www.reddit.com/r/RiotBlockchain/comments/1bft8nq/theory_about_riot_valuation/kv2sxzh/', 'Riot and Mara are being shorted, they are being shorted most of the time.\n\nThere are miners that may not survive the halving, Riot and Mara are not among them—both are well positioned to survive.', '1bft8nq']]], ['u/MemoryDealers', 'Now what?', 10, '2024-03-16 04:32', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/', 'For those of us who are still interested in P2P electronic cash for the world, what is the next step? \n\n\n1. Continue forward with BSV?\n2. Switch back to BCH?\n3. Switch back to the hope of BTC?\n4. Switch to privacy chains like XMR?\n5. Switch to EVM stuff?\n6. Switch to privacy token platforms like [Zano.org](https://Zano.org) \n7. Do something else? \n', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/', '1bfwtf1', [['u/StealthyExcellent', 22, '2024-03-16 05:04', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/kv3hi3a/', "Can we at least all agree it's high time to stop accusing bitcoin devs of crazy conspiracies, extreme bad faith machiavellian schemes, hackings, etc. Especially if you don't have very strong evidence against particular individuals, and instead it's just based on a hunch that bitcoin is being subverted by some generic evil powers that be. I apply that to all the flavours of bitcoin if need be.", '1bfwtf1'], ['u/klawzewitz', 10, '2024-03-16 06:08', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/kv3ocx9/', 'How is your lawsuit with Craig going? The one where he sued you for saying "Craig Wright is a liar and a fraud. Sue me.", both of which have been proven to be true at this point.', '1bfwtf1'], ['u/MemoryDealers', 16, '2024-03-16 06:48', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/kv3s1pa/', 'I suspect he will drop the suit now, but currently he still has two pending against me.', '1bfwtf1'], ['u/HootieMcBEUB', 13, '2024-03-16 06:57', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/kv3sw91/', 'Roger.\n\nThink back when Bitcoin was released and recall what the world was like with regards to electronic payments. They were difficult at best. People were rightfully leery. Paypal was barely off the ground if at all. eBay transactions were handled with USPS money orders.\n\nNow we have Google, Apple, PayPal, and many other payment processing options that ease the friction of online electronic cash for many 3rd party sellers.\n\nIt seems like it would be really difficult and highly unlikely for a cryptocurrency to become so wildly popular that it would be accepted at any location that also accepted Visa or Mastercard.\n\nIf anyone could do it, it might be Square given they have the infrastructure for payment processing already in place. Adding a Bitcoin option would be trivial, if they haven\'t done it already.\n\nBSV was never a contender for electronic cash. Once they forked from BCH, they moved to "big data" and started faking big blocks with pictures of hotdogs and toast on a plate (not joking).\n\nSo while I appreciate your message, I think the forks of Bitcoin have been bad for Bitcoin. They haven\'t shown themselves to be anything I would put faith into as the value and parity of BCH to BTC has been a real loser for those who held bags of BCH.', '1bfwtf1'], ['u/shadders333', 13, '2024-03-16 07:15', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/kv3ue58/', "You can post in r/bitcoinsv \n\nIt's not as active but I am the only mod as I removed the other. alAnd I've unbanned most of the people that other mods banned over the years.", '1bfwtf1']]], ['u/yourfavoritepenguin7', 'Every time you’re considering selling, read this post! ', 142, '2024-03-16 04:34', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/', 'The date is March 12, 2028. The next Bitcoin halving is a month away. \n\n6 months ago, Solana has stolen the 2nd place spot from Ethereum. Making ETH third down the list on Coinmarketcap!\n\nPeople on Reddit are celebrating and making post about how they just became a Solana whole coiner.\n\nSolana has hit an ATH of $7,426.97 \n\nYou own zero SOL.. Unfortunately, you decided to listen to the naysayers. Now you’re kicking yourself. Because back in 2024, you could’ve bought in at $180. But you either didn’t buy or you sold.. \n\nLet’s not forget about the bear market of 2025 when SOL reaches $58. This whole time you could’ve been stacking. But you sold instead.. \n\nNow the people who held and kept stacking since 2024 are buying fully loaded SUVs in cash, and paying off their mortgages. \n\nAm I saying you should put your life savings is SOL? NO! \n\nBecause I don’t know what’s going to happen and SOL can go to $0.0000364 like Terra Luna did. But all I’m saying is, it doesn’t hurt to buy a little here and there. Maybe 1 SOL a month? Whatever you can afford to lose! \n\nJust remember, at one point Ethereum was in the $100 to $200 price range. And Ethereum sucks compared to Solana. This is our second chance! SOL is gonna be massive! \n\nAnd like my Grammy always said, you gotta be in it, to win it! \n\n\n', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/', '1bfwuv8', [['u/Fine-Friendship-1292', 83, '2024-03-16 04:58', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3gsq2/', 'So this is one of those times where circulating supply matters…. Solana having over 2 trillion market cap is HIGHLY unlikely', '1bfwuv8'], ['u/LetsPost', 66, '2024-03-16 05:10', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3i8pn/', "I'm guessing OP doesn't understand most of those words.", '1bfwuv8'], ['u/Whocanmakemostmoney', 35, '2024-03-16 05:12', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3ihkv/', 'Solana has more circulation supply than ethereum', '1bfwuv8'], ['u/tio_aved', 76, '2024-03-16 05:14', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3ip5b/', "I like your enthusiasm, but I'd say more realistically we got an ATH of $800-$1000 in late 2025.", '1bfwuv8'], ['u/ZekeTarsim', 11, '2024-03-16 05:17', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3iyn3/', 'If your Grammy is so smart, how many SOL does she have?', '1bfwuv8'], ['u/Awkward_Potential_', 27, '2024-03-16 05:21', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3jfo1/', "You're right. It's unlikely. But, ETH has onboarded a small town's worth of people. That's it. It's not a ton of people. \n\nIf Solana gets a killer app on it (Hivemapper, Parallel Colony, DripHaus, Helium Mobile, Teleport, I could probably name 10 more contenders) I think you're sleeping on our chances. If 10% of Uber drivers decide that a Hivemapper dashcam is a sweet way to make an extra $200 a week (conservative estimate honestly) then that's already going to lead to more SOL holders. \n\nHonestly it's not even crazy to think it could happen this cycle. If Solana reaches an escape velocity, it'll get some ETH money flowing into it.", '1bfwuv8'], ['u/Golf_Euphoric', 40, '2024-03-16 05:43', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3ltgg/', 'I agree with your price range but I disagree with the timeframe. \n\nI think it will be mid end 2024 into early 2025.\n\nSolana this cycle is an early mover so this is how I came out this thesis.', '1bfwuv8'], ['u/Odd_Delay220', 12, '2024-03-16 05:59', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3neiu/', 'Sold 65% of my ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84
You are an expert financial analyst. Your primary task is to 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 fell on Friday as investors digested the week\'s hotter-than-expected inflation data.\n• Consumer and producer prices rose more than expected in February, government data showed.\n• Investors continued to dial back their expectations for Fed rate cuts in 2024.\nUS stocks fell on Friday as traders fretted over hot inflation data and continued to dial back their expectations for rate cuts in 2024. All three benchmark indexes ended the lower, while bond yields ticked slightly higher.\nThe S&P 500 ended with its second straight weekly loss.\nBoth consumer and producer prices came in hotter than expected this week, with the consumer price index rising 3.2% and the producer price index rising 1.6% year-per-year, the Bureau of Labor Statistics reported.\nHot inflation is the Fed\'s main focus, and investors are growing concerned that central bankers could end up holding interest rates higher for a lot longer to keep prices from surging again, especially as the economy looks to be going strong.\n"Inflation reports this week served as a reminder that normalization is not a straight line, and pressures remain in many pockets," Mark Hackett, Nationwide\'s chief of investment said in a note on Friday.\nThe Fed\'s next policy meeting is just around the corner, with central bankers set to begin the two-day policy meeting next Tuesday to decide the next policy move. Markets are pricing in a near-100% chance the Fed will keep rates unchanged this month, according to theCME FedWatch tool.\nInvestors also continued to dial back their expectations for rate cuts for the rest of the year. Markets are now pricing just a 30% chance the Fed could slash rates by 100 basis points or more by December, down from a 64% probability priced in a month ago, and odds of a June rate cut have come down to about a coin-toss.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500: 5,116.95, down 0.65%\n• Dow Jones Industrial Average: 38,714.77, down 0.49% (-190.89 points)\n• Nasdaq Composite: 15,973.17, down 0.96%\nHere\'s what else is going on today:\n• TheNvidia-led AI boom could spread to three different areasof the stock market, according to Goldman Sachs.\n• Soaring US debt could "break" markets at some pointif spending isn\'t reined in, according to one Wharton finance professor.\n• The S&P 500 is "bizarrely overvalued"and could crash 49%, according to an elite strategist.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude slipped 0.36% to $80.98 a barrel.Brent crude, the international benchmark, fell 0.1% to trade at $85.28 a barrel.\n• Goldticked 0.19% lower to $2,157.55 per ounce.\n• The 10-year Treasury yield was about flat at 4.30%.\n• Bitcoinrose 0.26% to $70,230.\nRead the original article onBusiness Insider', '• Sam Bankman-Fried came up with a list of bad ideas after FTX\'s bankruptcy\n• One of them was going on Tucker Carlson\'s show and taking an anti-woke heel turn.\n• The list was included in prosecutors\' sentencing submission, asking for 50 years in prison.\nAfter FTX declared bankruptcy, in November 2022, its founder and former CEO came up with a list of terrible ideas.\nIna Google Document, which was prefaced "random probably bad ideas" and labeled confidential, Sam Bankman-Fried listed ways in which he might be able to rebuild his reputation.\nThe list included attacking the bankruptcy lawyers (which he ultimately did), attacking the rival cryptocurrency exchange Binance (ditto), and doing an ABC News interview with author Michael Lewis (Lewis does not work for ABC).\nThe most striking item on the list was going on then-Fox News host Tucker Carlson\'s show to "come out as a republican."\nOn Carlson\'s show, Bankman-Fried could "Come out against the woke agenda" and also criticize the bankruptcy lawyers who took over FTX and were trying to get money back to defrauded customers, he wrote on the list.\n"Talk about how the cartel of lawyers is destroying value and throwing entrepreneurs under the bus in order to cover up the incompetence of lawyers," Bankman-Fried memorialized.\nA copy of the document was included as an exhibit in a sentencing memorandum filed Friday by federal prosecutors in Manhattan.\nIn November, ajury found Bankman-Fried guiltyof seven counts of fraud and conspiracy. Numerous former executives and associates testified that Bankman-Fried commingled funds of FTX customers with Alameda Research, a cryptocurrency trading firm he also controlled. The losses, prosecutors say, exceeded $10 billion.\nProsecutors are asking a judge to sentence Bankman-Fried to between 40 and 50 years in prison and issue an $11 billion judgment. They said Bernie Madoff\'s crimes should be used as a benchmark for Bankman-Fried, whose fraud they call "one of the largest financial frauds in history, and what is likely the largest fraud in the last decade."\nThe list of ideas, prosecutors said, was evidence Bankman-Fried was "motivated to launch his redemption narrative and has already been thinking about how to spin it" — and should therefore get a long prison sentence.\nUS District Judge Lewis Kaplan will weigh prosecutors\' memo against one by Bankman-Fried\'s lawyers, whoasked for a sentence of no more than about six years.\nBankman-Fried acknowledged his list of ideas was not very good.\n"Note: these are all random probably bad ideas that aren\'t vetted," the document says at the top.\nPage 2 ofSam Bankman Fried bad idea list prosecutor sentencing submission\nContributed toDocumentCloudby Insider Staff (Insider Inc.) •View documentorread text\nBankman-Fried never ended up on Carlson\'s show, which was canceled by Fox News in 2023. (Carlson has since switched to vlogging on X, formerly known as Twitter, and launching his own subscription product.)\nSome of the ideas came to fruition, though.\nBankman-Fried and his family have long argued that FTX customers would have speedily recovered their money if only bankruptcy lawyers had cooperated with him.\n"Focus almost exclusively on the fact that we could give value back to customers and the Chapter 11 team is destroying it," Bankman-Fried wrote on one list entry.\n"Focus on the fact that the Chapter 11 team has no idea how to run FTX, it\'s colonial, run by a cartel of lawyers," he wrote in another.\n"Come out as extremely pro crypto, pro freedom," he added.\nInanother list, he tried to think of people who he could court for support.\nHe listed "Alt right?" and "Some other displaced group?" under the category of "Random subgroup support."\nIn a bankruptcy court hearing earlier this year, FTX lawyers said customers could be made whole — something that Bankman-Fried\'s lawyers have cited to argue for a light sentence.\nBut prosecutors say that claim doesn\'t tell the full story. It doesn\'t account for the work that FTX lawyers put into liquidating and clawing back various investments Bankman-Fried made with customer money, they wrote.\nOwners of Bitcoin on FTX\'s platform wouldn\'t be able to take advantage of the rise in the cryptocurrency\'s prices because Bankman-Fried had already spent it, they wrote. Instead, they\'d get the November 2022 dollar amount for those currencies — far less than what they would be worth today.\nBankman-Fried, in his list, seemed cognizant of his political reputation. He donated primarily to Democrats in Congressional races. But, according totrial testimonyandmessages obtained by prosecutors, he participated in a straw donor scheme where he\'d funnel FTX customer funds through other executives to Republicans and right-leaning dark money groups.\nBankman-Fried wrote that he could highlight that aspect of his political spending on Carlson\'s show.\n"While public contributions show one thing, you see another thing including super pacs," he wrote.\nIn another list, Bankman-Fried came up with a list of "Allies."\nThe only person on that list is "Skreli,"an apparent reference to Martin Shkreli.\nBankman-Fried mused on politicians and reporters who "might be helpful" to him, including US Senator Cory Booker of New Jersey, Lewis, and Bloomberg columnist Matt Levine.\nIt was onBloomberg\'s "Odd Lots" podcastwhere Levine famously described Bankman-Fried\'s thoughts on cryptocurrency as "the Ponzi business."\nBankman-Fried thought he could give it another shot.\n"Go head to head with Matt Levine on Odd Lots, really lean in to arguments," he wrote.\nRead the original article onBusiness Insider', "After a tumultuous 2022 that saw crypto asset prices tank, the cryptocurrency market has come roaring back in the last 14 months. With this favorable backdrop in mind, it's not surprising that some of the most speculative tokens are on the way up.\nLook at dog-themed meme tokenShiba Inu(CRYPTO: SHIB). Yes, it remains 64% off its peak price from October 2021. But as of March 13, the digital asset has skyrocketed 238% in just the last month.\nGiven this powerful momentum, perhaps supporters are hoping there are better days ahead. Is Shiba Inu a top cryptocurrency to buy right now?\nShiba Inu's rise coincides with the ascent of its inspiration,Dogecoin, which has more than doubled in the past month. Another more under-the-radar token, calledPEPE, which isn't even one year old, has soared by a whopping 700% in the period.\nWhile it's impossible to know exactly what is causing these price spikes, we can point to a factor that is perhaps adding to buyers' excitement: the monster success of the new spotBitcoinexchange-traded funds(ETFs). Regulatory approval of these highly anticipated financial instruments lends a certain level of legitimacy to the entire asset class. Maybe investors are hoping for more crypto ETF approvals to happen.\nBecause Shiba Inu is viewed as one of the most speculative cryptocurrencies out there, it makes sense that its price can surge rapidly. Once early buyers get in, the price increase attracts more attention, creating a positive feedback loop. This momentum can be a powerful force, until it unpr **Last 60 Days of Bitcoin's Closing Prices:** [43154.95, 42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-16 **Financial & Commodity Data:** - Gold Closing Price: $2157.30 - Crude Oil Closing Price: $81.04 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,340,785,348,712 - Hash Rate: 600922569.4689952 - Transaction Count: 355760.0 - Unique Addresses: 621787.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.81 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • Ether has outperformed its larger rival, bitcoin year-to-date. • Bernstein sees five catalysts contributing to the cryptocurrency’s recent gains. • Increased decentralized finance activity is a tailwind for the network. Ether {{ETH}}, the world's second-largest cryptocurrency, has outperformed its larger rival bitcoin {{BTC}}, with a 33% gain year-to-date. This rally is being driven by catalysts other than thepotential approvalof a spot exchange-traded fund (ETF), broker Bernstein said in a research report on Monday. Firstly, the ether supply is deflationary and has not increased since the Ethereum blockchain’sshiftto a proof-of-stake consensus model in September 2022, the report said, adding that this fact is being underappreciated. The amount of ether locked up is also an important factor. Bernstein notes that ETH held on exchanges is at an all-time low of 11%, a sign that more of the cryptocurrency is being locked up. There is ETH locked in staking pools,decentralized finance(DeFi)smart contractsand onlayer-2s. “With the growth of ETH transaction fees based on higher blockchain activity (more DeFi, NFTs, tokens), more ETH holders are incentivized to stake their ETH,” analysts Gautam Chhugani and Mahika Sapra wrote. “And as financial smart contracts on Ethereum Layer 2 networks scale (Arbitrum, Optimism and Polygon), more ETH finds itself locked in smart contracts, leading to a reflexive feedback loop of increased demand,” the authors wrote. TheEigen layer, a protocol used for restaking ether, has also attracted more staking demand, as “ETH (re)stakers gain from new tokens/services launched on Eigen,” the note said. Since the start of 2023, new layer 2 networks have brought scalability and lower fees to the Ethereum network in a revival of decentralized finance, Bernstein said. With further clarity on token regulations, “application tokens such as DeFi tokens could potentially allow revenue sharing with token stakers,” the report said, adding that a “healthy DeFi ecosystem would continue to drive higher activity and Ethereum fees,” and therefore more value accrual to ETH. TheUniswapfee switch proposal, which resulted in a 60% gain in the UNI governance token, is cited as one such example of how “token economic designs” could get better. The last main catalyst is theDencun upgradeof the Ethereum blockchain, planned for March this year. Following the upgrade, “ETH contributors expect a further 90% reduction in Ethereum layer 2 transaction costs and improved profitability of layer 2 networks,” which will reduce congestion on the mainnet and drive higher volumes to the ecosystem, the report added.Read more:Ether Could Be The Next 'Institutional Darling,’ Bernstein Says... - Reddit Posts (Sample): [['u/Global_Jacket4962', 'PSA to whoever ', 37, '2024-03-16 00:04', 'https://www.reddit.com/r/SHIBArmy/comments/1bfr8ht/psa_to_whoever/', 'I’m pretty sure - but correct me if I’m wrong.\nWe are NOT- yet in the bull run.\nThe bull run takes place after bitcoin halving.\n\nAt least that’s how I remember it.\n\nIs this not the “accumulation stage”\n\nI feel like we’re in different dimensions right now because that’s definitely how I remember it ', 'https://www.reddit.com/r/SHIBArmy/comments/1bfr8ht/psa_to_whoever/', '1bfr8ht', [['u/rpaulson69', 10, '2024-03-16 01:19', 'https://www.reddit.com/r/SHIBArmy/comments/1bfr8ht/psa_to_whoever/kv2mw85/', 'Stacking frantically before 420 I am!', '1bfr8ht']]], ['u/Training-Daikon-7657', "CNBC's Fast Money (@CNBCFastMoney) on X", 46, '2024-03-16 00:24', 'https://www.reddit.com/r/TLRY/comments/1bfrowr/cnbcs_fast_money_cnbcfastmoney_on_x/', 'Institutional money about to flooooowwww in. Think what just happened with BTC after the approval of Bitcoin ETFs. \n\nTLRY from $1.8 to $25 then to $75', 'https://twitter.com/CNBCFastMoney/status/1768758916983185722', '1bfrowr', [['u/Tight_Gold_3457', 14, '2024-03-16 00:53', 'https://www.reddit.com/r/TLRY/comments/1bfrowr/cnbcs_fast_money_cnbcfastmoney_on_x/kv2j3eb/', 'So glad he said what he did!! He’s right too, this is just retail. What til big boys get in 🚀💰💎🙌🏻', '1bfrowr']]], ['u/Kronos5111', 'Theory about RIOT valuation ', 10, '2024-03-16 01:34', 'https://www.reddit.com/r/RiotBlockchain/comments/1bft8nq/theory_about_riot_valuation/', 'Was talking to someone about mining companies like RIOT and MARA. He thinks the stock is being shorted hard at the moment because of uncertainty if they will survive after the halving. He said he’s confident though BTC will keep going up to sustainable prices and that their infrastructure is sufficient and this will likely induce a short squeeze after a quarter or two of earnings and BTC price discovery.\n\nWhat do you think about this? In your opinion does it make sense or do you disagree?', 'https://www.reddit.com/r/RiotBlockchain/comments/1bft8nq/theory_about_riot_valuation/', '1bft8nq', [['u/ZekeTarsim', 10, '2024-03-16 01:59', 'https://www.reddit.com/r/RiotBlockchain/comments/1bft8nq/theory_about_riot_valuation/kv2sxzh/', 'Riot and Mara are being shorted, they are being shorted most of the time.\n\nThere are miners that may not survive the halving, Riot and Mara are not among them—both are well positioned to survive.', '1bft8nq']]], ['u/MemoryDealers', 'Now what?', 10, '2024-03-16 04:32', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/', 'For those of us who are still interested in P2P electronic cash for the world, what is the next step? \n\n\n1. Continue forward with BSV?\n2. Switch back to BCH?\n3. Switch back to the hope of BTC?\n4. Switch to privacy chains like XMR?\n5. Switch to EVM stuff?\n6. Switch to privacy token platforms like [Zano.org](https://Zano.org) \n7. Do something else? \n', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/', '1bfwtf1', [['u/StealthyExcellent', 22, '2024-03-16 05:04', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/kv3hi3a/', "Can we at least all agree it's high time to stop accusing bitcoin devs of crazy conspiracies, extreme bad faith machiavellian schemes, hackings, etc. Especially if you don't have very strong evidence against particular individuals, and instead it's just based on a hunch that bitcoin is being subverted by some generic evil powers that be. I apply that to all the flavours of bitcoin if need be.", '1bfwtf1'], ['u/klawzewitz', 10, '2024-03-16 06:08', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/kv3ocx9/', 'How is your lawsuit with Craig going? The one where he sued you for saying "Craig Wright is a liar and a fraud. Sue me.", both of which have been proven to be true at this point.', '1bfwtf1'], ['u/MemoryDealers', 16, '2024-03-16 06:48', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/kv3s1pa/', 'I suspect he will drop the suit now, but currently he still has two pending against me.', '1bfwtf1'], ['u/HootieMcBEUB', 13, '2024-03-16 06:57', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/kv3sw91/', 'Roger.\n\nThink back when Bitcoin was released and recall what the world was like with regards to electronic payments. They were difficult at best. People were rightfully leery. Paypal was barely off the ground if at all. eBay transactions were handled with USPS money orders.\n\nNow we have Google, Apple, PayPal, and many other payment processing options that ease the friction of online electronic cash for many 3rd party sellers.\n\nIt seems like it would be really difficult and highly unlikely for a cryptocurrency to become so wildly popular that it would be accepted at any location that also accepted Visa or Mastercard.\n\nIf anyone could do it, it might be Square given they have the infrastructure for payment processing already in place. Adding a Bitcoin option would be trivial, if they haven\'t done it already.\n\nBSV was never a contender for electronic cash. Once they forked from BCH, they moved to "big data" and started faking big blocks with pictures of hotdogs and toast on a plate (not joking).\n\nSo while I appreciate your message, I think the forks of Bitcoin have been bad for Bitcoin. They haven\'t shown themselves to be anything I would put faith into as the value and parity of BCH to BTC has been a real loser for those who held bags of BCH.', '1bfwtf1'], ['u/shadders333', 13, '2024-03-16 07:15', 'https://www.reddit.com/r/bsv/comments/1bfwtf1/now_what/kv3ue58/', "You can post in r/bitcoinsv \n\nIt's not as active but I am the only mod as I removed the other. alAnd I've unbanned most of the people that other mods banned over the years.", '1bfwtf1']]], ['u/yourfavoritepenguin7', 'Every time you’re considering selling, read this post! ', 142, '2024-03-16 04:34', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/', 'The date is March 12, 2028. The next Bitcoin halving is a month away. \n\n6 months ago, Solana has stolen the 2nd place spot from Ethereum. Making ETH third down the list on Coinmarketcap!\n\nPeople on Reddit are celebrating and making post about how they just became a Solana whole coiner.\n\nSolana has hit an ATH of $7,426.97 \n\nYou own zero SOL.. Unfortunately, you decided to listen to the naysayers. Now you’re kicking yourself. Because back in 2024, you could’ve bought in at $180. But you either didn’t buy or you sold.. \n\nLet’s not forget about the bear market of 2025 when SOL reaches $58. This whole time you could’ve been stacking. But you sold instead.. \n\nNow the people who held and kept stacking since 2024 are buying fully loaded SUVs in cash, and paying off their mortgages. \n\nAm I saying you should put your life savings is SOL? NO! \n\nBecause I don’t know what’s going to happen and SOL can go to $0.0000364 like Terra Luna did. But all I’m saying is, it doesn’t hurt to buy a little here and there. Maybe 1 SOL a month? Whatever you can afford to lose! \n\nJust remember, at one point Ethereum was in the $100 to $200 price range. And Ethereum sucks compared to Solana. This is our second chance! SOL is gonna be massive! \n\nAnd like my Grammy always said, you gotta be in it, to win it! \n\n\n', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/', '1bfwuv8', [['u/Fine-Friendship-1292', 83, '2024-03-16 04:58', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3gsq2/', 'So this is one of those times where circulating supply matters…. Solana having over 2 trillion market cap is HIGHLY unlikely', '1bfwuv8'], ['u/LetsPost', 66, '2024-03-16 05:10', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3i8pn/', "I'm guessing OP doesn't understand most of those words.", '1bfwuv8'], ['u/Whocanmakemostmoney', 35, '2024-03-16 05:12', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3ihkv/', 'Solana has more circulation supply than ethereum', '1bfwuv8'], ['u/tio_aved', 76, '2024-03-16 05:14', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3ip5b/', "I like your enthusiasm, but I'd say more realistically we got an ATH of $800-$1000 in late 2025.", '1bfwuv8'], ['u/ZekeTarsim', 11, '2024-03-16 05:17', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3iyn3/', 'If your Grammy is so smart, how many SOL does she have?', '1bfwuv8'], ['u/Awkward_Potential_', 27, '2024-03-16 05:21', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3jfo1/', "You're right. It's unlikely. But, ETH has onboarded a small town's worth of people. That's it. It's not a ton of people. \n\nIf Solana gets a killer app on it (Hivemapper, Parallel Colony, DripHaus, Helium Mobile, Teleport, I could probably name 10 more contenders) I think you're sleeping on our chances. If 10% of Uber drivers decide that a Hivemapper dashcam is a sweet way to make an extra $200 a week (conservative estimate honestly) then that's already going to lead to more SOL holders. \n\nHonestly it's not even crazy to think it could happen this cycle. If Solana reaches an escape velocity, it'll get some ETH money flowing into it.", '1bfwuv8'], ['u/Golf_Euphoric', 40, '2024-03-16 05:43', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3ltgg/', 'I agree with your price range but I disagree with the timeframe. \n\nI think it will be mid end 2024 into early 2025.\n\nSolana this cycle is an early mover so this is how I came out this thesis.', '1bfwuv8'], ['u/Odd_Delay220', 12, '2024-03-16 05:59', 'https://www.reddit.com/r/solana/comments/1bfwuv8/every_time_youre_considering_selling_read_this/kv3neiu/', 'Sold 65% of my ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['WithBitcoin(CRYPTO: BTC)surging past the $70,000 price level to set a new all-time high, crypto investors are naturally starting to wonder just how much higher it can go. Cathie Wood of Ark Invest is now predicting that Bitcoin could hit a price of $1 million before 2030, so there is a very real possibility that some of these investors could one day become crypto millionaires.\nBut doesBitcoinhave the potential to be a billionaire-maker? In other words, by making a very modest investment in Bitcoin right now, is it ever possible that you could become a billionaire? Let\'s take a closer look at what would need to happen.\nThe starting point for considering Bitcoin\'s "billionaire-maker" potential is analyzing its historical returns. By just about any standard possible, these returns have been eye-popping. Considering that Bitcoin first broke through the $1 mark in February 2011, it is remarkable that Bitcoin is now trading around $70,000 just 13 years later.\nThe numbers are even more impressive when you stack them up against the performance of other asset classes. During the period from 2011 to 2021, Bitcoin was the single best-performing asset class in the world. During that time period, Bitcoin had annualized returns of 230% per year, compared to just 20% per year for high-growth tech stocks.\nObviously, there\'s danger in extrapolating too much from these numbers. After all, past performance is no guarantee of future performance. That being said, Bitcoin returned 150% last year, and is up another 70% this year. So while Bitcoin may no longer deliver the types of 230% annualized returns that it did during its heyday, it still has the potential to deliver tremendous potential upside.\nWith these historical returns as a starting point, it\'s then possible to consider just how much higher Bitcoin might go in the future. The one price prediction that everyone is talking about is the one made by Cathie Wood of Ark Invest. In early 2022, she predicted that Bitcoin would hit a future price of $1 million by the year 2030. Sheincreased that prediction to $1.48 millionin 2023, and then to $2.3 million in 2024.\nAnd there are plenty of investment managers and fund strategists who offer even more aggressive price predictions for just how much higher Bitcoin might go. According to Tom Lee, managing partner and head of research for Fundstrat Global Advisors, Bitcoin could hit a price of $10 million within the next 25 years.\nDuring the peak of the last Bitcoin bull market rally, Jurrien Timmer, Director of Global Macro for Fidelity Investments, predicted that Bitcoin would hit a price of $1 billion by the year 2038. This is obviously a highly controversial prediction, but it does introduce a very tantalizing possibility: Invest just $72,000 today (the cost of a single bitcoin) and you could be a billionaire by the year 2038.\nThe only problem, of course, is that there are some very real-world constraints on just how much higher Bitcoin can go. For example, consider a number known as the Global Investable Asset Base. This describes the total amount of wealth that can be invested in the world. According to Ark Invest, this number is currently $250 trillion.\nThis number is significant because Ark Invest thinks that close to 20% of the world\'s Global Investable Asset Base could one day be invested in Bitcoin. According to Cathie Wood, that massive new influx of money could be the key factor that sends Bitcoin soaring to $2.3 million.\nFor the sake of our "billionaire-maker" thought experiment, let\'s consider this to be the upper boundary for the price of Bitcoin. It\'s hard to imagine more than 20% of the world\'s wealth being invested in Bitcoin, and even this allocation might strike some as outlandish.\nBut at least it gives us a roadmap of how to get to $1 billion. If Bitcoin eventually hits a price of $2 million, then you would need to hold 500 bitcoins to become a billionaire. At today\'s prices, that would imply an investment of roughly $35 million.\nWhile the chances of becoming a Bitcoin billionaire are unlikely (unless you happen to have $35 million hiding under your mattress at home), they are not impossible. According to the latestCrypto Wealth Report, there were six Bitcoin billionaires in the world at the end of 2023. Most likely, these are investors who recognized the future potential of Bitcoin when it was trading for just $1, and then held on for dear life as it hit new all-time high after new all-time high over the next decade.\nIf Bitcoin soars from $70,000 to $1 million, it might still be possible to see a more than 10x return on your crypto investment. However, the days of 100x and 1,000x returns may be over, and that would limit your chances of becoming a crypto billionaire. That being said, I\'m sure not many people would quibble with the prospect of becoming a crypto millionaire instead.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002*.\nSee the 10 stocks\n*Stock Advisor returns as of March 11, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nCould Bitcoin Be a Billionaire Maker?was originally published by The Motley Fool', 'WithBitcoin(CRYPTO: BTC)surging past the $70,000 price level to set a new all-time high, crypto investors are naturally starting to wonder just how much higher it can go. Cathie Wood of Ark Invest is now predicting that Bitcoin could hit a price of $1 million before 2030, so there is a very real possibility that some of these investors could one day become crypto millionaires.\nBut doesBitcoinhave the potential to be a billionaire-maker? In other words, by making a very modest investment in Bitcoin right now, is it ever possible that you could become a billionaire? Let\'s take a closer look at what would need to happen.\nThe starting point for considering Bitcoin\'s "billionaire-maker" potential is analyzing its historical returns. By just about any standard possible, these returns have been eye-popping. Considering that Bitcoin first broke through the $1 mark in February 2011, it is remarkable that Bitcoin is now trading around $70,000 just 13 years later.\nThe numbers are even more impressive when you stack them up against the performance of other asset classes. During the period from 2011 to 2021, Bitcoin was the single best-performing asset class in the world. During that time period, Bitcoin had annualized returns of 230% per year, compared to just 20% per year for high-growth tech stocks.\nObviously, there\'s danger in extrapolating too much from these numbers. After all, past performance is no guarantee of future performance. That being said, Bitcoin returned 150% last year, and is up another 70% this year. So while Bitcoin may no longer deliver the types of 230% annualized returns that it did during its heyday, it still has the potential to deliver tremendous potential upside.\nWith these historical returns as a starting point, it\'s then possible to consider just how much higher Bitcoin might go in the future. The one price prediction that everyone is talking about is the one made by Cathie Wood of Ark Invest. In early 2022, she predicted that Bitcoin would hit a future price of $1 million by the year 2030. Sheincreased that prediction to $1.48 millionin 2023, and then to $2.3 million in 2024.\nAnd there are plenty of investment managers and fund strategists who offer even more aggressive price predictions for just how much higher Bitcoin might go. According to Tom Lee, managing partner and head of research for Fundstrat Global Advisors, Bitcoin could hit a price of $10 million within the next 25 years.\nDuring the peak of the last Bitcoin bull market rally, Jurrien Timmer, Director of Global Macro for Fidelity Investments, predicted that Bitcoin would hit a price of $1 billion by the year 2038. This is obviously a highly controversial prediction, but it does introduce a very tantalizing possibility: Invest just $72,000 today (the cost of a single bitcoin) and you could be a billionaire by the year 2038.\nThe only problem, of course, is that there are some very real-world constraints on just how much higher Bitcoin can go. For example, consider a number known as the Global Investable Asset Base. This describes the total amount of wealth that can be invested in the world. According to Ark Invest, this number is currently $250 trillion.\nThis number is significant because Ark Invest thinks that close to 20% of the world\'s Global Investable Asset Base could one day be invested in Bitcoin. According to Cathie Wood, that massive new influx of money could be the key factor that sends Bitcoin soaring to $2.3 million.\nFor the sake of our "billionaire-maker" thought experiment, let\'s consider this to be the upper boundary for the price of Bitcoin. It\'s hard to imagine more than 20% of the world\'s wealth being invested in Bitcoin, and even this allocation might strike some as outlandish.\nBut at least it gives us a roadmap of how to get to $1 billion. If Bitcoin eventually hits a price of $2 million, then you would need to hold 500 bitcoins to become a billionaire. At today\'s prices, that would imply an investment of roughly $35 million.\nWhile the chances of becoming a Bitcoin billionaire are unlikely (unless you happen to have $35 million hiding under your mattress at home), they are not impossible. According to the latestCr **Last 60 Days of Bitcoin's Closing Prices:** [42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-17 **Financial & Commodity Data:** - Gold Closing Price: $2157.30 - Crude Oil Closing Price: $81.04 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,315,323,061,875 - Hash Rate: 609268716.2671757 - Transaction Count: 366109.0 - Unique Addresses: 601779.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Semiconductor stocks from Tokyo Electron Ltd. to Nvidia Corp. gained more than $160 billion of market value after Taiwan Semiconductor Manufacturing Co.’s outlook for capital spending and revenue lifted hopes of a broad tech recovery in 2024. Most Read from Bloomberg Blinken’s Return From Davos Was Delayed After Plane Broke Down YouTube and Spotify Won’t Launch Apple Vision Pro Apps, Joining Netflix Pakistan’s Army Strikes Back at Iran as Both Sides Urge Calm Trump Moves to Quash Hopes of Congress Ukraine, Border Deal Trump Asks Supreme Court to Keep Him on Colorado Ballot TSMC’s better-than-projected numbers underscored expectations for a bounce-back in smartphone, chip and computing demand, following more than a year of post-Covid malaise. On Friday, the world’s most valuable chipmaker gained more than 6% in Taipei — its biggest gain in almost a year — after a near-10% climb in the US. Key suppliers Tokyo Electron and Advantest Corp. gained more than 5% in Tokyo. Together, they fueled a gain in semiconductor stocks from the US to Asia of roughly $165 billion, based on Bloomberg’s calculations. TSMC’s outlook offered much-needed reassurance to investors accustomed to a depressed market. The main chipmaker to Apple Inc. and Nvidia is budgeting capital expenditure of $28 billion to $32 billion and expecting revenue growth to return to at least 20% for the year. Executives also spent a lot of time talking about how the advent of AI should turbocharge the industry because of its immense computing needs. In Europe, chip gear linchpin ASML Holding NV gained 4%, leading a broad regional rally that spilled over into US stocks including Nvidia and Intel Corp., driving the biggest gain in the Philadelphia Semiconductor Index since Dec. 11. “TSMC’s confidence around near-term fundamentals appears to have improved significantly over the past 4 to 5 months,” Wedbush analysts wrote. “We see this more bullish outlook as predicated upon some combination of optimism around a growing contribution from AI, better expectations for traditional end market trends in 2024.” Story continues TSMC Gains as Outlook Points to AI-Fueled Growth: Street Wrap Signs of a recovery for the chipmaking sector have emerged in recent weeks. The Semiconductor Industry Association estimated chip sales increased in November after more than a year of declines. TSMC is projecting revenue growth of at least 8% to $18 billion to $18.8 billion in the March quarter, versus expectations for around $18.2 billion. It’s now moving ahead with plans for chipmaking plants in Japan, Arizona and Germany — the first of which will begin mass production at the end of 2024 in a big boost to TSMC’s global footprint. Read More: TSMC’s Outlook Backs Hopes for Global Tech Recovery in 2024 Uncertainty persists. This month, fellow chipmaker Samsung Electronics Co. posted its sixth successive quarter of declining operating profit, as it weathered the impact of muted consumer demand in its own smartphone and memory businesses. Questions also overshadow China, the world’s largest computing, smartphone, internet and chip market. Apple — long one of TSMC’s most important customers — faced headwinds with its latest iPhone generation. Several analysts downgraded Apple on expectations of soft demand, and Jefferies has said the iPhone sales slump in China is likely to deepen. The US company has also been hit by a widening ban on foreign-device use among Chinese agencies and state-owned companies. TSMC Gain in Sales Not Enough to Boost Margins: Earnings Outlook Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. Japan’s Market Roars Back to Life—With Old-Timers Leading the Way The Bitcoin Hype Is Back and About Just as Hollow as Before Elon Moves Further Right; Hertz Ditches Tesla ©2024 Bloomberg L.P.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34
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:** ['WithBitcoin(CRYPTO: BTC)surging past the $70,000 price level to set a new all-time high, crypto investors are naturally starting to wonder just how much higher it can go. Cathie Wood of Ark Invest is now predicting that Bitcoin could hit a price of $1 million before 2030, so there is a very real possibility that some of these investors could one day become crypto millionaires.\nBut doesBitcoinhave the potential to be a billionaire-maker? In other words, by making a very modest investment in Bitcoin right now, is it ever possible that you could become a billionaire? Let\'s take a closer look at what would need to happen.\nThe starting point for considering Bitcoin\'s "billionaire-maker" potential is analyzing its historical returns. By just about any standard possible, these returns have been eye-popping. Considering that Bitcoin first broke through the $1 mark in February 2011, it is remarkable that Bitcoin is now trading around $70,000 just 13 years later.\nThe numbers are even more impressive when you stack them up against the performance of other asset classes. During the period from 2011 to 2021, Bitcoin was the single best-performing asset class in the world. During that time period, Bitcoin had annualized returns of 230% per year, compared to just 20% per year for high-growth tech stocks.\nObviously, there\'s danger in extrapolating too much from these numbers. After all, past performance is no guarantee of future performance. That being said, Bitcoin returned 150% last year, and is up another 70% this year. So while Bitcoin may no longer deliver the types of 230% annualized returns that it did during its heyday, it still has the potential to deliver tremendous potential upside.\nWith these historical returns as a starting point, it\'s then possible to consider just how much higher Bitcoin might go in the future. The one price prediction that everyone is talking about is the one made by Cathie Wood of Ark Invest. In early 2022, she predicted that Bitcoin would hit a future price of $1 million by the year 2030. Sheincreased that prediction to $1.48 millionin 2023, and then to $2.3 million in 2024.\nAnd there are plenty of investment managers and fund strategists who offer even more aggressive price predictions for just how much higher Bitcoin might go. According to Tom Lee, managing partner and head of research for Fundstrat Global Advisors, Bitcoin could hit a price of $10 million within the next 25 years.\nDuring the peak of the last Bitcoin bull market rally, Jurrien Timmer, Director of Global Macro for Fidelity Investments, predicted that Bitcoin would hit a price of $1 billion by the year 2038. This is obviously a highly controversial prediction, but it does introduce a very tantalizing possibility: Invest just $72,000 today (the cost of a single bitcoin) and you could be a billionaire by the year 2038.\nThe only problem, of course, is that there are some very real-world constraints on just how much higher Bitcoin can go. For example, consider a number known as the Global Investable Asset Base. This describes the total amount of wealth that can be invested in the world. According to Ark Invest, this number is currently $250 trillion.\nThis number is significant because Ark Invest thinks that close to 20% of the world\'s Global Investable Asset Base could one day be invested in Bitcoin. According to Cathie Wood, that massive new influx of money could be the key factor that sends Bitcoin soaring to $2.3 million.\nFor the sake of our "billionaire-maker" thought experiment, let\'s consider this to be the upper boundary for the price of Bitcoin. It\'s hard to imagine more than 20% of the world\'s wealth being invested in Bitcoin, and even this allocation might strike some as outlandish.\nBut at least it gives us a roadmap of how to get to $1 billion. If Bitcoin eventually hits a price of $2 million, then you would need to hold 500 bitcoins to become a billionaire. At today\'s prices, that would imply an investment of roughly $35 million.\nWhile the chances of becoming a Bitcoin billionaire are unlikely (unless you happen to have $35 million hiding under your mattress at home), they are not impossible. According to the latestCrypto Wealth Report, there were six Bitcoin billionaires in the world at the end of 2023. Most likely, these are investors who recognized the future potential of Bitcoin when it was trading for just $1, and then held on for dear life as it hit new all-time high after new all-time high over the next decade.\nIf Bitcoin soars from $70,000 to $1 million, it might still be possible to see a more than 10x return on your crypto investment. However, the days of 100x and 1,000x returns may be over, and that would limit your chances of becoming a crypto billionaire. That being said, I\'m sure not many people would quibble with the prospect of becoming a crypto millionaire instead.\nShould you invest $1,000 in Bitcoin right now?\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002*.\nSee the 10 stocks\n*Stock Advisor returns as of March 11, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\nCould Bitcoin Be a Billionaire Maker?was originally published by The Motley Fool', 'WithBitcoin(CRYPTO: BTC)surging past the $70,000 price level to set a new all-time high, crypto investors are naturally starting to wonder just how much higher it can go. Cathie Wood of Ark Invest is now predicting that Bitcoin could hit a price of $1 million before 2030, so there is a very real possibility that some of these investors could one day become crypto millionaires.\nBut doesBitcoinhave the potential to be a billionaire-maker? In other words, by making a very modest investment in Bitcoin right now, is it ever possible that you could become a billionaire? Let\'s take a closer look at what would need to happen.\nThe starting point for considering Bitcoin\'s "billionaire-maker" potential is analyzing its historical returns. By just about any standard possible, these returns have been eye-popping. Considering that Bitcoin first broke through the $1 mark in February 2011, it is remarkable that Bitcoin is now trading around $70,000 just 13 years later.\nThe numbers are even more impressive when you stack them up against the performance of other asset classes. During the period from 2011 to 2021, Bitcoin was the single best-performing asset class in the world. During that time period, Bitcoin had annualized returns of 230% per year, compared to just 20% per year for high-growth tech stocks.\nObviously, there\'s danger in extrapolating too much from these numbers. After all, past performance is no guarantee of future performance. That being said, Bitcoin returned 150% last year, and is up another 70% this year. So while Bitcoin may no longer deliver the types of 230% annualized returns that it did during its heyday, it still has the potential to deliver tremendous potential upside.\nWith these historical returns as a starting point, it\'s then possible to consider just how much higher Bitcoin might go in the future. The one price prediction that everyone is talking about is the one made by Cathie Wood of Ark Invest. In early 2022, she predicted that Bitcoin would hit a future price of $1 million by the year 2030. Sheincreased that prediction to $1.48 millionin 2023, and then to $2.3 million in 2024.\nAnd there are plenty of investment managers and fund strategists who offer even more aggressive price predictions for just how much higher Bitcoin might go. According to Tom Lee, managing partner and head of research for Fundstrat Global Advisors, Bitcoin could hit a price of $10 million within the next 25 years.\nDuring the peak of the last Bitcoin bull market rally, Jurrien Timmer, Director of Global Macro for Fidelity Investments, predicted that Bitcoin would hit a price of $1 billion by the year 2038. This is obviously a highly controversial prediction, but it does introduce a very tantalizing possibility: Invest just $72,000 today (the cost of a single bitcoin) and you could be a billionaire by the year 2038.\nThe only problem, of course, is that there are some very real-world constraints on just how much higher Bitcoin can go. For example, consider a number known as the Global Investable Asset Base. This describes the total amount of wealth that can be invested in the world. According to Ark Invest, this number is currently $250 trillion.\nThis number is significant because Ark Invest thinks that close to 20% of the world\'s Global Investable Asset Base could one day be invested in Bitcoin. According to Cathie Wood, that massive new influx of money could be the key factor that sends Bitcoin soaring to $2.3 million.\nFor the sake of our "billionaire-maker" thought experiment, let\'s consider this to be the upper boundary for the price of Bitcoin. It\'s hard to imagine more than 20% of the world\'s wealth being invested in Bitcoin, and even this allocation might strike some as outlandish.\nBut at least it gives us a roadmap of how to get to $1 billion. If Bitcoin eventually hits a price of $2 million, then you would need to hold 500 bitcoins to become a billionaire. At today\'s prices, that would imply an investment of roughly $35 million.\nWhile the chances of becoming a Bitcoin billionaire are unlikely (unless you happen to have $35 million hiding under your mattress at home), they are not impossible. According to the latestCr **Last 60 Days of Bitcoin's Closing Prices:** [42742.65, 41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-17 **Financial & Commodity Data:** - Gold Closing Price: $2157.30 - Crude Oil Closing Price: $81.04 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,315,323,061,875 - Hash Rate: 609268716.2671757 - Transaction Count: 366109.0 - Unique Addresses: 601779.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Semiconductor stocks from Tokyo Electron Ltd. to Nvidia Corp. gained more than $160 billion of market value after Taiwan Semiconductor Manufacturing Co.’s outlook for capital spending and revenue lifted hopes of a broad tech recovery in 2024. Most Read from Bloomberg Blinken’s Return From Davos Was Delayed After Plane Broke Down YouTube and Spotify Won’t Launch Apple Vision Pro Apps, Joining Netflix Pakistan’s Army Strikes Back at Iran as Both Sides Urge Calm Trump Moves to Quash Hopes of Congress Ukraine, Border Deal Trump Asks Supreme Court to Keep Him on Colorado Ballot TSMC’s better-than-projected numbers underscored expectations for a bounce-back in smartphone, chip and computing demand, following more than a year of post-Covid malaise. On Friday, the world’s most valuable chipmaker gained more than 6% in Taipei — its biggest gain in almost a year — after a near-10% climb in the US. Key suppliers Tokyo Electron and Advantest Corp. gained more than 5% in Tokyo. Together, they fueled a gain in semiconductor stocks from the US to Asia of roughly $165 billion, based on Bloomberg’s calculations. TSMC’s outlook offered much-needed reassurance to investors accustomed to a depressed market. The main chipmaker to Apple Inc. and Nvidia is budgeting capital expenditure of $28 billion to $32 billion and expecting revenue growth to return to at least 20% for the year. Executives also spent a lot of time talking about how the advent of AI should turbocharge the industry because of its immense computing needs. In Europe, chip gear linchpin ASML Holding NV gained 4%, leading a broad regional rally that spilled over into US stocks including Nvidia and Intel Corp., driving the biggest gain in the Philadelphia Semiconductor Index since Dec. 11. “TSMC’s confidence around near-term fundamentals appears to have improved significantly over the past 4 to 5 months,” Wedbush analysts wrote. “We see this more bullish outlook as predicated upon some combination of optimism around a growing contribution from AI, better expectations for traditional end market trends in 2024.” Story continues TSMC Gains as Outlook Points to AI-Fueled Growth: Street Wrap Signs of a recovery for the chipmaking sector have emerged in recent weeks. The Semiconductor Industry Association estimated chip sales increased in November after more than a year of declines. TSMC is projecting revenue growth of at least 8% to $18 billion to $18.8 billion in the March quarter, versus expectations for around $18.2 billion. It’s now moving ahead with plans for chipmaking plants in Japan, Arizona and Germany — the first of which will begin mass production at the end of 2024 in a big boost to TSMC’s global footprint. Read More: TSMC’s Outlook Backs Hopes for Global Tech Recovery in 2024 Uncertainty persists. This month, fellow chipmaker Samsung Electronics Co. posted its sixth successive quarter of declining operating profit, as it weathered the impact of muted consumer demand in its own smartphone and memory businesses. Questions also overshadow China, the world’s largest computing, smartphone, internet and chip market. Apple — long one of TSMC’s most important customers — faced headwinds with its latest iPhone generation. Several analysts downgraded Apple on expectations of soft demand, and Jefferies has said the iPhone sales slump in China is likely to deepen. The US company has also been hit by a widening ban on foreign-device use among Chinese agencies and state-owned companies. TSMC Gain in Sales Not Enough to Boost Margins: Earnings Outlook Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. Japan’s Market Roars Back to Life—With Old-Timers Leading the Way The Bitcoin Hype Is Back and About Just as Hollow as Before Elon Moves Further Right; Hertz Ditches Tesla ©2024 Bloomberg L.P.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['• Kalshi will list prediction markets on crypto price outcomes (e.g. "How high will ETH get in 2024?").\n• The bets will be settled in U.S. dollars, like all others on Kalshi.\n• Unlike rival Polymarket, Kalshi can do business in the U.S.\nKalshi, the lone regulated prediction market platform in the U.S., is moving to grab a piece of the crypto action as digital currencies bounce back from a two-year slump.\nStarting Monday, the New York-based company will let clients bet on five differentcryptocurrency price outcomes, a company spokesperson told CoinDesk. Examples include when bitcoin {{BTC}} willreach $100,000and the highest price Ethereum\'s ether {{ETH}} willreach in 2024. Additional markets are set to launch on Tuesday.\nTo be clear: While these bets areaboutcrypto, they will be placedinU.S. dollars, like all other markets on Kalshi. Traders on the platform have bet on questions such ashow many rate cutsthe Federal Reserve will make this year,how many inches of snowwill fall in New York in March, andwho would win the Oscarfor best screenplay.\nKalshi\'s move into crypto comes at the apparent dawn of a bull market for digital assets, as the launch of bitcoin exchange-traded funds and other factors have sent prices soaring. TheCoinDesk 20 Indexof major digital assets is up nearly 50% this year.\nThe move also coincides with renewed investor interest in prediction markets, which for decades were relegated to a niche activity and academic hobbyhorse. In December, Bitwise Investments researchersforecastedthat "[m]ore than $100 million will be staked in prediction markets as they emerge as a new \'killer app\' for crypto" in 2024. Former U.S. President Donald Trump has regularly beenposting screenshots of his favorable odds for retaking the White House on Polymarket, a crypto-based prediction market.\nRead more:What Prediction Markets Are Forecasting for Crypto in 2024\nAdvocates say prediction markets have a loftier purpose than gambling: By requiring participants to put their money where their mouths are, the argument goes, they revealwhat people truly believe, offering a corrective tofallible pollsand pusillanimous pundits.\nTypically, prediction markets are framed as yes-or-no questions about verifiable outcomes within a set time period. For example, on Kalshi\'s "US bans TikTok this year?" market, "yes" shares were trading Sunday at 25 cents, signaling the market saw a 25% chance of a ban before Dec. 31, and "no" shares were changing hands at 78 cents. Each share pays out $1 if the prediction turns out to be correct, and bupkis if it\'s wrong.\nBy letting clients bet on crypto, Kalshi is following in the footsteps of a rival prediction market site, Polymarket, which as of Sunday listed nearly40 marketson crypto-related outcomes.\nPolymarket is barred from doing business in the U.S. under a settlement with the Commodity Futures Trading Commission. That leaves an opening for Kalshi, which is licensed by the CFTC, to pick up business from U.S. traders who want to speculate on crypto price movements (or hedge positions) without buying or selling crypto.\nRead more:Prediction Markets Can Hedge Crypto Startups\' Regulatory Risk, Paradigm Says\nThe agency\'s imprimatur is a double-edged sword. Kalshi isfighting the CFTC in courtfor the right to list markets asking which party will control each house of the U.S. Congress.\nPredictIt, a popular site for (dollar-denominated) election betting, operates in the U.S. under a no-action letter, or special exemption, from the CFTC that restricts the platform\'s growth and activities. It, too, sued the CFTC after the regulator ordered it toshut down.\nLast week CFTC chairman Rostin Benham said that his agency would propose a rule in the coming monthsto establish new regulations for prediction markets.', 'Zurich, March 18th, 2024 - The Switzerland-based protocolLiqwid Finance,in partnership with the issuerIssuance.Swiss AG, is launching CASL, an innovative ETP in the world of staking digital assets. CASL not only captures the performance of the underlying ADA, managed by the Cardano Foundation, but also the interest earned by staking the token. Distributed as an ETP (Exchange Traded Product), the product is accessible to all kind of investors from Thursday last on the Zurich stock exchange, the SIX Swiss Exchange (ISIN code CH1327686056 - Ticker CASL).\nForFlorian Volery, co-founder of Liqwid Finance, "CASL offers all the advantages of traditional and decentralized finance. It\'s a low-cost, liquid, institutional-quality product". He has designed this ETP which, not only follows the developments of the ADA token, a crypto asset launched in 2017 by Cardano, but reaps the returns of staking this token on Cardano\'s blockchain, the most decentralized to date. "With CASL, we want to take a new step," emphasizes Florian Volery, "one that will bridge the gap between traditional and digital asset management. Until now, most of the financial instruments available to investors in the crypto universe gave them access to developments in the underlying assets (Bitcoin, Ethereum, ADA, etc.). We\'re going one step further, by putting ADA\'s outstanding assets to work and redistributing the interest to investors." Investors benefit from a double return on their investment, as well as lower management fees (1.5%) than the average of competing products.\nSwiss engineering, 100% secure\nIn addition to its above-industry-average return prospects, the CASL ETP has a particularly controlled risk profile. It is 100% backed by physical crypto asset: ADA tokens, that are real assets, held in a "cold" (offline) wallet. The staking of the ETP\'s ADA tokens is carried out by Liqwid on the Cardano network, the only one not to have suffered an outage over the last five years, compared with its biggest competitors who also have a proof-of-stake consensus (Solana, Ethereum, Avalanche)."CASL makes it simple for investors, without the need for a crypto-currency portfolio or specific knowledge, to earn money while contributing to the decentralization of finance," summarizesBruce Jackson, Head of Digital Assets at Apex Group. This decentralisation is the key to the future of an inclusive world, in which millions of people who don\'t have access to banking infrastructures can participate."\nThe CASL ETP offers instant liquidity without any constraints, as Cardano\'s blockchain does not foresee any lock-in period for the assets at stake. The entire value chain involves Swiss players, a further guarantee of security.\nThe launch price was set at USD$25 and is available in 2 additional currencies (CHF and €) which represents an real exposure of 39 ADA (price of 1 ADA for ~USD$0.64 | 12.03.2024).\nTo find out more:\xa0please use the issuer\'s websitehttps://issuance.swiss/products/\nPress Contact:[email protected] +41 79 269 53 31\nAbout Liqwid Finance\nLiqwid is a liquidity protocol for lending and borrowing Cardano native assets. The Liqwid protocol is composed of decentralized, audited smart contracts built on the Cardano blockchain.\nSmart contracts enable users to deposit liquidity into a money market, earn interest and open over-collateralized loans directly, without intermediaries and in a secure manner.\nThe platform was launched in February 2023 and currently holds over $70 million in assets on its protocol. Liqwid\'s mission is to build bridges between decentralized and traditional finance, with the aim of financing the real economy through blockchain technology.\nAbout Cardano Foundation\nThe Cardano Foundation is an independent non-profit organization based in Switzerland, responsible for promoting the Cardano blockchain as public infrastructure across a wide range of industries. Based in Zug, Switzerland, the foundation oversees the developments of Cardano, which is an open source blockchain built through peer-reviewed research and a platform for executing smart contracts. The cryptocurrency used on Cardano is called Ada. Launched by Charles Hoskinson, the co-founder of the Ethereum token, Cardano is the first blockchain platform to be secure enough to protect billions of data, scalable enough to adapt to global systems and robust enough to support fundamental changes.\nAbout Issuance.Swiss AG\nIssuance.Swiss AG is a dedicated SPV, fully customised plug and play ready to admit financial products on regulated European stock markets and brings vanilla and complex digital assets strategies to the regulated markets wrapped and in the form of a publicly listed ETP. Incorporated in Zug Switzerland and through its standalone set up, the SPV is able to list client strategies from European and US clients who currently have compliance constraints in managing digital assets. In return the client can enjoy a whitelabel revenue solution (net of administrative costs) as the product is fully scalable and open ended through a creation redemption proposition and its time to market is estimated for admissions to the stock exchanges to be within 8 weeks from engagement. The SPV is fully equipped and onboarded with key service providers while the SPV takes control of all the operational burden.', '• SOL and BOME received the most crowd attention over the weekend, according to data tracked by Santiment.\n• Both cryptocurrencies have outperformed ETH, BTC and the broader market in the past seven days.\n• Increased crowd chatter may be a sign of an impending retail investor frenzy.\nSolana’s SOL and The Book of Meme (BOME), the meme coin built on Solana, were the top two trending tokens on crypto social media over the weekend, data tracked by Santiment shows.\n“$BOME and $SOL are the top two trending assets across X [formerly Twitter], Reddit, Telegram, and 4Chan due to their outperforming the markets as of late. The crowd continues to regard Solana and associated meme coins as viable alternatives to Ethereum-based projects,”Santiment saidin a market insights post.\nSOL’s price has surged 45% in seven days, tapping highs **Last 60 Days of Bitcoin's Closing Prices:** [41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-18 **Financial & Commodity Data:** - Gold Closing Price: $2160.70 - Crude Oil Closing Price: $82.72 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,350,129,204,200 - Hash Rate: 600922569.4689952 - Transaction Count: 416270.0 - Unique Addresses: 673489.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.77 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Reuters) — BlackRock's spot bitcoin exchange-traded fund (ETF) hit $1 billion in assets in the first four days of trading, the first to clinch the milestone among a batch of newly launched ETFs tracking spot bitcoin prices, J.P.Morgan data showed. The U.S. Securities and Exchange Commission (SEC) approved nearly a dozen ETFs tracking the world's largest cryptocurrency last week, after years of regulatory pushback. Since the launch, BlackRock and Fidelity have pulled the lion's share of inflows as lower fees and name recognition appear to be key factors in drawing investors so far. BlackRock's iShares Bitcoin ETF accumulated $1.07 billion in assets under management as of Jan. 17, followed by $874.6 million by Fidelity Wise Origin Bitcoin ETF, J.P.Morgan data showed. Samara Cohen, CIO of ETF and Index Investments at BlackRock, rings the Nasdaq opening bell as spot bitcoin ETF's are launched on January 11.(Stephanie Keith/Getty Images) (Stephanie Keith via Getty Images) The nine newly launched ETFs have drawn $2.90 billion in investment flows in the first four days of trading. However, the Grayscale Bitcoin Trust, which was converted from a closed-end fund to an ETF, charges the steepest fee compared to the newly launched ETFs and has witnessed $1.62 billion in outflows in the first four days. (Reporting by Medha Singh in Bengaluru; Editing by Shilpi Majumdar) 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.
61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95
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:** ['• Kalshi will list prediction markets on crypto price outcomes (e.g. "How high will ETH get in 2024?").\n• The bets will be settled in U.S. dollars, like all others on Kalshi.\n• Unlike rival Polymarket, Kalshi can do business in the U.S.\nKalshi, the lone regulated prediction market platform in the U.S., is moving to grab a piece of the crypto action as digital currencies bounce back from a two-year slump.\nStarting Monday, the New York-based company will let clients bet on five differentcryptocurrency price outcomes, a company spokesperson told CoinDesk. Examples include when bitcoin {{BTC}} willreach $100,000and the highest price Ethereum\'s ether {{ETH}} willreach in 2024. Additional markets are set to launch on Tuesday.\nTo be clear: While these bets areaboutcrypto, they will be placedinU.S. dollars, like all other markets on Kalshi. Traders on the platform have bet on questions such ashow many rate cutsthe Federal Reserve will make this year,how many inches of snowwill fall in New York in March, andwho would win the Oscarfor best screenplay.\nKalshi\'s move into crypto comes at the apparent dawn of a bull market for digital assets, as the launch of bitcoin exchange-traded funds and other factors have sent prices soaring. TheCoinDesk 20 Indexof major digital assets is up nearly 50% this year.\nThe move also coincides with renewed investor interest in prediction markets, which for decades were relegated to a niche activity and academic hobbyhorse. In December, Bitwise Investments researchersforecastedthat "[m]ore than $100 million will be staked in prediction markets as they emerge as a new \'killer app\' for crypto" in 2024. Former U.S. President Donald Trump has regularly beenposting screenshots of his favorable odds for retaking the White House on Polymarket, a crypto-based prediction market.\nRead more:What Prediction Markets Are Forecasting for Crypto in 2024\nAdvocates say prediction markets have a loftier purpose than gambling: By requiring participants to put their money where their mouths are, the argument goes, they revealwhat people truly believe, offering a corrective tofallible pollsand pusillanimous pundits.\nTypically, prediction markets are framed as yes-or-no questions about verifiable outcomes within a set time period. For example, on Kalshi\'s "US bans TikTok this year?" market, "yes" shares were trading Sunday at 25 cents, signaling the market saw a 25% chance of a ban before Dec. 31, and "no" shares were changing hands at 78 cents. Each share pays out $1 if the prediction turns out to be correct, and bupkis if it\'s wrong.\nBy letting clients bet on crypto, Kalshi is following in the footsteps of a rival prediction market site, Polymarket, which as of Sunday listed nearly40 marketson crypto-related outcomes.\nPolymarket is barred from doing business in the U.S. under a settlement with the Commodity Futures Trading Commission. That leaves an opening for Kalshi, which is licensed by the CFTC, to pick up business from U.S. traders who want to speculate on crypto price movements (or hedge positions) without buying or selling crypto.\nRead more:Prediction Markets Can Hedge Crypto Startups\' Regulatory Risk, Paradigm Says\nThe agency\'s imprimatur is a double-edged sword. Kalshi isfighting the CFTC in courtfor the right to list markets asking which party will control each house of the U.S. Congress.\nPredictIt, a popular site for (dollar-denominated) election betting, operates in the U.S. under a no-action letter, or special exemption, from the CFTC that restricts the platform\'s growth and activities. It, too, sued the CFTC after the regulator ordered it toshut down.\nLast week CFTC chairman Rostin Benham said that his agency would propose a rule in the coming monthsto establish new regulations for prediction markets.', 'Zurich, March 18th, 2024 - The Switzerland-based protocolLiqwid Finance,in partnership with the issuerIssuance.Swiss AG, is launching CASL, an innovative ETP in the world of staking digital assets. CASL not only captures the performance of the underlying ADA, managed by the Cardano Foundation, but also the interest earned by staking the token. Distributed as an ETP (Exchange Traded Product), the product is accessible to all kind of investors from Thursday last on the Zurich stock exchange, the SIX Swiss Exchange (ISIN code CH1327686056 - Ticker CASL).\nForFlorian Volery, co-founder of Liqwid Finance, "CASL offers all the advantages of traditional and decentralized finance. It\'s a low-cost, liquid, institutional-quality product". He has designed this ETP which, not only follows the developments of the ADA token, a crypto asset launched in 2017 by Cardano, but reaps the returns of staking this token on Cardano\'s blockchain, the most decentralized to date. "With CASL, we want to take a new step," emphasizes Florian Volery, "one that will bridge the gap between traditional and digital asset management. Until now, most of the financial instruments available to investors in the crypto universe gave them access to developments in the underlying assets (Bitcoin, Ethereum, ADA, etc.). We\'re going one step further, by putting ADA\'s outstanding assets to work and redistributing the interest to investors." Investors benefit from a double return on their investment, as well as lower management fees (1.5%) than the average of competing products.\nSwiss engineering, 100% secure\nIn addition to its above-industry-average return prospects, the CASL ETP has a particularly controlled risk profile. It is 100% backed by physical crypto asset: ADA tokens, that are real assets, held in a "cold" (offline) wallet. The staking of the ETP\'s ADA tokens is carried out by Liqwid on the Cardano network, the only one not to have suffered an outage over the last five years, compared with its biggest competitors who also have a proof-of-stake consensus (Solana, Ethereum, Avalanche)."CASL makes it simple for investors, without the need for a crypto-currency portfolio or specific knowledge, to earn money while contributing to the decentralization of finance," summarizesBruce Jackson, Head of Digital Assets at Apex Group. This decentralisation is the key to the future of an inclusive world, in which millions of people who don\'t have access to banking infrastructures can participate."\nThe CASL ETP offers instant liquidity without any constraints, as Cardano\'s blockchain does not foresee any lock-in period for the assets at stake. The entire value chain involves Swiss players, a further guarantee of security.\nThe launch price was set at USD$25 and is available in 2 additional currencies (CHF and €) which represents an real exposure of 39 ADA (price of 1 ADA for ~USD$0.64 | 12.03.2024).\nTo find out more:\xa0please use the issuer\'s websitehttps://issuance.swiss/products/\nPress Contact:[email protected] +41 79 269 53 31\nAbout Liqwid Finance\nLiqwid is a liquidity protocol for lending and borrowing Cardano native assets. The Liqwid protocol is composed of decentralized, audited smart contracts built on the Cardano blockchain.\nSmart contracts enable users to deposit liquidity into a money market, earn interest and open over-collateralized loans directly, without intermediaries and in a secure manner.\nThe platform was launched in February 2023 and currently holds over $70 million in assets on its protocol. Liqwid\'s mission is to build bridges between decentralized and traditional finance, with the aim of financing the real economy through blockchain technology.\nAbout Cardano Foundation\nThe Cardano Foundation is an independent non-profit organization based in Switzerland, responsible for promoting the Cardano blockchain as public infrastructure across a wide range of industries. Based in Zug, Switzerland, the foundation oversees the developments of Cardano, which is an open source blockchain built through peer-reviewed research and a platform for executing smart contracts. The cryptocurrency used on Cardano is called Ada. Launched by Charles Hoskinson, the co-founder of the Ethereum token, Cardano is the first blockchain platform to be secure enough to protect billions of data, scalable enough to adapt to global systems and robust enough to support fundamental changes.\nAbout Issuance.Swiss AG\nIssuance.Swiss AG is a dedicated SPV, fully customised plug and play ready to admit financial products on regulated European stock markets and brings vanilla and complex digital assets strategies to the regulated markets wrapped and in the form of a publicly listed ETP. Incorporated in Zug Switzerland and through its standalone set up, the SPV is able to list client strategies from European and US clients who currently have compliance constraints in managing digital assets. In return the client can enjoy a whitelabel revenue solution (net of administrative costs) as the product is fully scalable and open ended through a creation redemption proposition and its time to market is estimated for admissions to the stock exchanges to be within 8 weeks from engagement. The SPV is fully equipped and onboarded with key service providers while the SPV takes control of all the operational burden.', '• SOL and BOME received the most crowd attention over the weekend, according to data tracked by Santiment.\n• Both cryptocurrencies have outperformed ETH, BTC and the broader market in the past seven days.\n• Increased crowd chatter may be a sign of an impending retail investor frenzy.\nSolana’s SOL and The Book of Meme (BOME), the meme coin built on Solana, were the top two trending tokens on crypto social media over the weekend, data tracked by Santiment shows.\n“$BOME and $SOL are the top two trending assets across X [formerly Twitter], Reddit, Telegram, and 4Chan due to their outperforming the markets as of late. The crowd continues to regard Solana and associated meme coins as viable alternatives to Ethereum-based projects,”Santiment saidin a market insights post.\nSOL’s price has surged 45% in seven days, tapping highs **Last 60 Days of Bitcoin's Closing Prices:** [41262.06, 41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-18 **Financial & Commodity Data:** - Gold Closing Price: $2160.70 - Crude Oil Closing Price: $82.72 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,350,129,204,200 - Hash Rate: 600922569.4689952 - Transaction Count: 416270.0 - Unique Addresses: 673489.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.77 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Reuters) — BlackRock's spot bitcoin exchange-traded fund (ETF) hit $1 billion in assets in the first four days of trading, the first to clinch the milestone among a batch of newly launched ETFs tracking spot bitcoin prices, J.P.Morgan data showed. The U.S. Securities and Exchange Commission (SEC) approved nearly a dozen ETFs tracking the world's largest cryptocurrency last week, after years of regulatory pushback. Since the launch, BlackRock and Fidelity have pulled the lion's share of inflows as lower fees and name recognition appear to be key factors in drawing investors so far. BlackRock's iShares Bitcoin ETF accumulated $1.07 billion in assets under management as of Jan. 17, followed by $874.6 million by Fidelity Wise Origin Bitcoin ETF, J.P.Morgan data showed. Samara Cohen, CIO of ETF and Index Investments at BlackRock, rings the Nasdaq opening bell as spot bitcoin ETF's are launched on January 11.(Stephanie Keith/Getty Images) (Stephanie Keith via Getty Images) The nine newly launched ETFs have drawn $2.90 billion in investment flows in the first four days of trading. However, the Grayscale Bitcoin Trust, which was converted from a closed-end fund to an ETF, charges the steepest fee compared to the newly launched ETFs and has witnessed $1.62 billion in outflows in the first four days. (Reporting by Medha Singh in Bengaluru; Editing by Shilpi Majumdar) 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. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['After the collapse of FTX Trading Ltd. in 2022, many wrote off Solana and thought that the project was dead. However, the project overcame the odds and has made, according to some, a complete comeback. The price recently surpassed the $200 level, and it is nearing its all-time high of $260 set in November 2021.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\nSolana\'s resurgence has been primarily driven by the projects that are using its chain. While these protocols can range from a distributed computing network to artificial intelligence (AI) protocols, some of the most popular projects are meme coins.\nSolana has become a playground for new meme coins, many of which have become extremely popular. Relatively new tokens, such as Bonk (BONK) and dogwifhat (WIF) have broken into the top 50 tokens by market cap and made many investors rich.\nNew tokens are also popping up seemingly every day. In the past week, a handful of new tokens were released through a new method called a presale.\nThe system works by having investors send SOL tokens to a wallet in exchange for an allocation of new tokens when the project is launched. The amount of tokens you receive depends on the initial amount you send and the overall demand for the project. Ideally, you would invest in a project with small amounts of initial demand to secure lots of tokens, but then see it pick up steam, resulting in huge gains. This is what happened last week with tokens BOOK OF MEME (BOME), Slerf (SLERF) and Snap (SNAP).\nTrending: Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\nBOME and SNAP are based on the Pepe meme, popularized in the early 2000s, while SLERF is based on a meme of a sloth. All of these tokens used a presale, bringing in investments of several million dollars, which soon turned into billions.\nIn terms of price increases, the tokens saw massive price swings and huge returns within hours of launch.\n• BOME saw a price increase of over 37,000% within the first three days.\n• SLERF went from $0.02 to nearly $1.40 within three hours, marking a gain of over 6,100%.\n• SNAP increased by over 600% in three hours.\nTo become a millionaire with BOME, an initial investment of around $2,700 was required. For SLERF, you would have had to invest $16,400 to become a millionaire. Lastly, an investment of $159,000 into SNAP would have turned into $1 million.\nWhile it may not seem like the brightest idea to invest huge amounts into such volatile assets, many people did. One example is Solana user sundayfunday.sol, who invested $72,000 in BOME, which turned into over $30 million. The investor took several million in profits and inverted the rest into other meme coins.\nWhile most of the recent presale meme coins have fallen considerably in value, they are still well above their initial listing price.\nSome are saying that this new presale phenomenon is the peak of meme coin degeneracy; users are throwing money at what could very well be a rug-pull scam. Others point out that people are flocking to SOL to buy these meme coins. So, which will it be? Will these meme coins continue to drive the price of SOL higher, or will they all come crashing down? Only time will tell.\nRead Next:\n• Bitcoin has jumped nearly 50% already this year –how much would you need to get started today\n• Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleSolana Meme Coin Mania: BOME, SLERF And SNAP Print Millionaires Overnightoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', '• A renewed wave of AI enthusiasm helped push the stock market higher on Monday.\n• Nvidia is set to unveil new products at its GTC conference, while a report says Apple and Google could strike a deal on AI.\n• Investors are also paying attention to the Federal Reserve\'s upcoming FOMC meeting on Wednesday.\nA renewed wave of investor enthusiasm toward artificial intelligence helped push the stock market higher on Monday.\nShares of Nvidia jumped just over 1% as the company hosted its annual GPU Technology Conference. Nvidia CEO Jensen Huang was kicking off a highly anticipated two-hour keynote address as the market headed into the closing bell, with investors expecting details on the company\'s upcoming launch of next-generation GPU chips, including the B100, which will be the successor to its wildly popular H100.\nMeanwhile, earlier in the day areport from Bloomberg helped spark a sharp rally in shares of Alphabetduring the session. The search giant saw its stock price surge about 5% after Bloomberg said Apple may utilize Alphabet\'s Gemini AI chatbot in its upcoming iPhone release.\n"We do think that GOOGL is best positioned to win any external deal for AI on AAPL\'s devices given the strong search partnership the two already have," CFRA analyst Angelo Zino said.\nAside from AI developments, investors will turn their attention to the Federal Reserve\'s two-day policy meeting set to begin on Tuesday. While central bankers are expected to leave the benchmark rate unchanged, Fed Chairman Jerome Powell\'s speech will be closely listened to by investors to gauge when the Fed may begin to cut interest rates.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500:5,149.42, up 0.63%\n• Dow Jones Industrial Average:38,790.43, up 0.2% (+75.66 points)\n• Nasdaq Composite:16,103.45, up 0.82%\nHere\'s what else happened today:\n• Millennial women are taking over the economyas female participation in the prime-age workforce surges, according to Ned Davis Research.\n• Wall Street is ramping up its bets that the US economy will experience a soft landing,meaning no recession ahead.\n• A trade war between the US and China is likely regardless of who wins the Presidency in 2024, according to Capital Economics.\n• The housing market is expected to stay exceptionally strong in the Southdue to strong employment trends and relative affordability.\n• Bitcoin could soar 266% to $250,000 next year if inflows into bitcoin ETFs remain strong,according to Standard Chartered.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped 2.13% to $82.30 a barrel.Brent crude, the international benchmark, climbed by 1.97% to $87.02 a barrel.\n• Goldrose by 0.12% to $2,164.00 per ounce.\n• The 10-year Treasury yield rose one basis point to 4.33%.\n• Bitcoindropped by 2.06% to $66,953.\nRead the original article onBusiness Insider', 'THE HAGUE, Netherlands and SAN FRANCISCO, CA - (NewMediaWire) - March 19, 2024 - Developers sponsored by the Peercoin Foundation this week announced the release ofPeercoin v0.13(Codename Anisoptera) and offered insight into proposals for future upgrades.\nAs per tradition, the Peercoin releases follow the tick-tock release schedule. v0.13 is the "tick" release, which brings about a fresh codebase and sets the stage for the upcoming "tock" v0.14 release.\nPlans for the release of v0.14, which will be a hard fork, are currently being drafted through the RFC process which is notably open and transparent. Any interested party is welcome to submit their proposals for improvements to the Peercoin protocol, thereby fostering a collaborative and inclusive development environment.\nProposed Protocol Upgrades\nRFC-0028- Optimal Stake Split and Combine:This proposal would make the Peercoin wallet smarter so it automatically helps stakers achieve the highest potential reward when continuously staking.\nRFC-0030- PoW ASERT:To address dramatic fluctuations in hashpower and to mitigate unexpected PoW inflation, Peercoin developers have proposed that Peercoin\'s Proof-of-Work protocol adopt ASERT, a protocol engineered by Bitcoin Cash developers. This shift to a more responsive difficulty adjustment algorithm (DAA) ensures Peercoin\'s PoW protocol can swiftly adapt to hash power changes throughout the day, enhancing the network\'s stability and efficiency.\nImproved Network Parameters:Another improvement to Peercoin being considered for the RFC process is a set of adjustments to Peercoin\'s staking logic. From the perspective of users, it would cut the block time target in half from 10 minutes to 5 minutes. It would reduce the stake maturation period from 30 days to 21 days so that users can begin staking earlier. It would greatly favor smaller UTXOs for staking about 50 PPC in size making it easier for smaller stakers to participate in the consensus process. Consequently, it would substantially increase staking rewards when the security level is relatively low to further incentivize staking when it is most required. Overall, these changes will make Peercoin faster, fairer, more rewarding and more secure.\n"The release of Peercoin v0.13 and the proposed upgrades for Peercoin v0.14 towards greater network security validate our decision to execute our blockchain initiatives on Peercoin," said Wing Yu, CEO of PRConnect, a leading content syndication solutions provider that cryptographically hashes press releases and now posts up to 1,000 transactions a day on Peercoin.\nAbout Peercoin\nPeercoinis the original Proof-of-Stake blockchain. It is an 11 year old, fairly distributed, open-source, and community-driven project. Peercoin is designed around the concepts of energy and economical sustainability, both made possible by its innovation of Proof-of-Stake consen **Last 60 Days of Bitcoin's Closing Prices:** [41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-19 **Financial & Commodity Data:** - Gold Closing Price: $2156.30 - Crude Oil Closing Price: $83.47 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,295,610,515,888 - Hash Rate: 655172523.6571684 - Transaction Count: 463952.0 - Unique Addresses: 755218.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- The leaders of the World Bank and International Monetary Fund are seeking to mend fences between their sister institutions after tensions arose in recent years over issues including climate change and sovereign debt issues. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Presidential Race Hedge Funds Rake in Huge Profits Betting on Catastrophe Risk Trump’s 2016 Win Shook Markets. Traders Won’t Get Fooled Again. Putin Orders Hunt for Property of Russian Empire, Soviet Union Burger King Is Serving Whoppers With a Side of Cringe Ajay Banga, who took over as World Bank president in June, met last week with the IMF executive board, made up of 24 executive directors who represent its 190 member countries, according to an IMF spokesman. It’s the first time that a chief of the anti-poverty institution has met with those top officials of the world’s lender of last resort in more than five years. It’s part of an effort to move past some bad blood dating to the tenure of Banga’s predecessor, David Malpass. The Trump appointee was criticized for not sufficiently focusing on environmental issues, while IMF Managing Director Kristalina Georgieva moved the fund toward addressing climate issues. An IMF spokesman said in a statement that Banga’s “informal courtesy visit to the IMF Executive Board was for him to outline his vision for the World Bank Group and the importance of continued close collaboration between the fund and the bank, and not in a response to anything else.” The World Bank declined to comment. Banga and Georgieva said in a joint statement in early September that they plan to enhance collaboration — “in particular with regards to climate change, renewed high debt vulnerabilities, and digital transition.” Banga and Georgieva also meet for breakfast or lunch about once a month to discuss shared priorities, according to a person familiar with their discussions, who asked not to be identified discussing private interactions. Story continues Georgieva, an environmental economist, took the top at the IMF job in 2019 after serving as the World Bank’s number two official and running it for several months before Malpass was appointed. Under her, the IMF has begun granting longer-term loans to help nations adapt to climate change, traditionally the purview of the World Bank. That sparked resentment among some at the World Bank, which environmental groups criticized as being disinterested in the issue under Malpass. Meanwhile, Malpass, who in the Trump administration had a reputation as a China hawk, was more vocal than Georgieva in calling for Beijing to provide debt relief to struggling nations during the Covid-19 pandemic. That stirred some unease at the IMF, whose traditional focus is on balance of payments lending and debt. Tensions were further stoked in late 2021 after the World Bank under Malpass’s leadership released a report that characterized Georgieva as trying to improperly boost China’s ranking in a survey of business climates during her time at the bank. That led the IMF board to consider removing her, although it determined the report didn’t “conclusively demonstrate” wrongdoing. Last week’s IMF board meeting with Banga, at the IMF headquarters across the street from the World Bank in Washington, lasted about 90 minutes and was focused on how the institutions can create incentives for greater collaboration between their staffs, which varies between countries and offices around the world, according to people familiar with the meeting, who asked not to be identified because it was private. The visit ended with a pledge to maintain stepped-up interactions, they said. The World Bank’s roughly 16,000 staff are largely focused on project finance, while the IMF’s approximately 3,000 employees, mostly economists, are more focused on balance of payments lending. Malpass stepped down last year, almost a year before the end of his term to “pursue new challenges.” The Biden administration appointed Banga to replace Malpass and has signaled that it now wants to see the IMF refocus on its core mission of macroeconomic and exchange-rate surveillance and guidance, and leave climate expertise to the World Bank and others. Read More: US Calls on IMF to Reload and Refocus Amid China Pushback Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P.... - Reddit Posts (Sample): [['u/Stoppedapollo67', 'Dorms Marked Key', 36, '2024-03-19 00:42', 'https://www.reddit.com/r/Tarkov/comments/1bi5u4l/dorms_marked_key/', "This is my first wipe playing tarkov got the game about a month or so ago. I've made it to lvl 21 or so but die nearly every PMC raid. The other day I got lucky in factory looting a jacket and got a marked key for customs. I just opened it for the first time and holy shit is it worth. I got 2 bitcoin and RSASS and a mk47. I hauled ass to zb11 and heard another pmc rushing me as I exfilled. I don't know how much the guns are really worth because they dont sell on the flea but I made half the cost of the key in just one open of the room. Really loving the game right now.\n", 'https://www.reddit.com/r/Tarkov/comments/1bi5u4l/dorms_marked_key/', '1bi5u4l', [['u/robinjinxed', 20, '2024-03-19 00:51', 'https://www.reddit.com/r/Tarkov/comments/1bi5u4l/dorms_marked_key/kvi7jq3/', 'You will need one RSASS for a gunsmith quest, keep one.', '1bi5u4l'], ['u/haldolinyobutt', 21, '2024-03-19 00:54', 'https://www.reddit.com/r/Tarkov/comments/1bi5u4l/dorms_marked_key/kvi8441/', 'That room can be really hit or miss, the next time you go you might find a pistol, some ammo and a teapot. You need the key for a quest though', '1bi5u4l']]], ['u/aledanniel', 'Had enough of this BS', 118, '2024-03-19 00:55', 'https://www.reddit.com/r/CoinBase/comments/1bi654l/had_enough_of_this_bs/', 'Today I had enough and took all my money out of this ridiculous platform.\n\nFor Coinbase folks Case# 18231622\n\nAccount holder for maybe 12 years? Deposited much larger amounts recently. All verified kyc, never used vpn. Wired funds so it’s easier for them since they told me this is the safest for them. So I paid wire fees no problem. Never tried to do anything shady always following rules. Provided Id, selfies, all required documentation. Address all matches. Bought btc and BCH, and the moment I transfer some of it, like 5% to my cold wallet, Trezor (days later), my account is put on hold. At first I’m happy about it good for security. I allow all the time they need to review. They say 2 days I wait. 3rd day I ask if they need anything else they say no but now it’s 5 days. Same thing happens but now it’s 2 weeks. Same thing happens but now it’s 60 days. I wait 60 days and today I was told that review got dropped because of risk factos and I can submit a request to review again in 2 months.\n\nAll this time of course I had to wait an hour or two to speak/chat to an associate. They never give specifics. I would love to provide anything they need but I don’t know what they need because they won’t tell me what the issue is. \n\nPeople on the chat won’t let me ask questions and this last time, today, the customer service client asked if I had my issue resolved, I said no, and just disconnected me. They treat people like sht. \n\nI sold all and transfered to my bank. Will be using other platforms going forward. \n', 'https://www.reddit.com/r/CoinBase/comments/1bi654l/had_enough_of_this_bs/', '1bi654l', [['u/PutridPresent9957', 23, '2024-03-19 01:45', 'https://www.reddit.com/r/CoinBase/comments/1bi654l/had_enough_of_this_bs/kvig1r8/', 'Coinbase is terrible, I only buy small amounts on there and transfer directly to cold storage', '1bi654l'], ['u/stocktadercryptobro', 11, '2024-03-19 02:22', 'https://www.reddit.com/r/CoinBase/comments/1bi654l/had_enough_of_this_bs/kviluea/', "I'm waiting until the 25th to be able to move my crypto off (that's assuming I get permission then). The money is already cleared from my bank. No reason other than bullshit. I've bought and sold tens of thousands on the platform, and have a coinbase one membership. Shady af exchange. I'm going to start shopping for another. Maybe Kraken?", '1bi654l'], ['u/nutacreep', 10, '2024-03-19 03:41', 'https://www.reddit.com/r/CoinBase/comments/1bi654l/had_enough_of_this_bs/kvixlo6/', 'Ok… really not sure what the hostility is about, you can check the Gemini subreddit and reviews online for others that have had a similar experience. Whether you believe me or not makes no difference to me 👍🏼', '1bi654l']]], ['u/AnswerJazzlike', 'Best & Worst changes in the show', 17, '2024-03-19 00:58', 'https://www.reddit.com/r/HellsKitchen/comments/1bi66yv/best_worst_changes_in_the_show/', "Tell us the changes you like and dislike from the show. It could be from early seasons to the newer ones and can range from adding new features (punishment pass), removing old ones (Best of the Worst, team captains, etc.), to adding a new spin on recurring challenges (signature dish changing their scoring system, BTC adding punishments to wrong answers). Just tell us the season that this change occurred.\n\nTo name a few...\n\nBest: \n\n* Changing the Signature Dish scoring system to the 1-5 scale instead of chasing between two chefs. Introduced in season 13, it seems. like a better way to gauge every chef's dishes while still making it a team challenge.\n* Removing the design your own restaurant challenge. I think they removed it around season 6 but yeah it kind of felt like padding to me.\n\nWorst:\n\n* Discontinuing the design your own menu challenge/service. It seems like a fun way to test the creativity of the teams and their ability to work together. Additional bonus is Ramsay being at his most pissed off during these kinds of services. Last menu challenge was Season 12. I know from Flynnmasters that the red team broke it but I don't think every team onwards would have pulled off that level of teamwork. Just imagine teams like the s17 red team or the s19 blue team trying to design and implement their menu.\n* Elimination challenges in general. I was fine with the one cook for your like challenge that happens around the midpoint but using that to decide the first boot, the black jackets, AND the finalists just made me despise it.\n * The first elimination challenge was introduced in Season 19 where one person doesn't even get a chance to prove themselves during service. That just seems unfair. Just to rub further salt in the wound, they don't even get the Henkel knife set.\n * Final elimination challenge takes the cake though. You know what season this was introduced. That season can speak for themselves, they know who they are. By this point in the game, the chef's creativity and service skills are already proven. It feels like bullshit that it's yet another challenge to dictate who. makes it to the finale instead of who was the better leader, the actual skill needed most for the head chef position. \n* Very minor but still disappointing is the removal of the quirky intros. Starting from season 17, it's just Ramsay strolling through a fiery restaurant I know the rights for the old theme song expired but that doesn't mean they can't do those old fun opening anymore. \n\nWhat are your's guy's pick? If you're confused, I'll do my best to clarify", 'https://www.reddit.com/r/HellsKitchen/comments/1bi66yv/best_worst_changes_in_the_show/', '1bi66yv', [['u/EldredKnight', 20, '2024-03-19 01:03', 'https://www.reddit.com/r/HellsKitchen/comments/1bi66yv/best_worst_changes_in_the_show/kvi9g7s/', "A good early one was moving to all professionals for S3 onwards (Except for Dominic in S4 for some reason). I like seeing people who know what they're doing, or at least aren't on the catastrophically unprepared level they were in 1 and 2. According to Virginia, they didn't even get a proper demonstration of the menu like we see them get in newer seasons.", '1bi66yv'], ['u/CatacombsRave', 11, '2024-03-19 01:35', 'https://www.reddit.com/r/HellsKitchen/comments/1bi66yv/best_worst_changes_in_the_show/kviei98/', 'I agree, I miss the create-your-own menu challenge. I also miss when the finale was down to 2 chefs.', '1bi66yv'], ['u/camundell', 12, '2024-03-19 02:20', 'https://www.reddit.com/r/HellsKitchen/comments/1bi66yv/best_worst_changes_in_the_show/kvilegv/', 'I hate the pouring of liquid food during the blind taste test! My favorite challenge and this just about ruins it', '1bi66yv'], ['u/Alex72598', 18, '2024-03-19 02:58', 'https://www.reddit.com/r/HellsKitchen/comments/1bi66yv/best_worst_changes_in_the_show/kvir92d/', '\nI wish they hadn’t removed the black jacket rookies vs veterans service that was in 9-11. It was fun to see how the current chefs stacked up to the best from past seasons.', '1bi66yv']]], ['u/Kooky-Turnip-1715', 'Wasn’t crypto originally created to escape the system?', 82, '2024-03-19 01:06', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/', 'Now the government has their hands all in it and taxes you for it. That was literally the reason bitcoin was created, for anonymity. Using physical cash is more anonymous then bitcoin at this point\n\nAt the end of the day if you wanna speculate and try to make some money, go for it. But the people who think they are clever and “escaping the matrix” through crypto are delusional. \n\n', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/', '1bi6elc', [['u/TheAnalogKoala', 25, '2024-03-19 01:12', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kviawu1/', 'It was created for more than anonymity. Satoshi anticipated that Bitcoin wasn’t perfectly anonymous and knew that some acitivities could unmask wallet owners, but I doubt he anticipated that the blockchain would someday be read almost like a book. \n\nWhat he was really interested was censorship-resistance and inability to debase the currency. \n\nSo yeah, I think he’s turning in his grave based on what Bitcoin has become. Pretty much no one gives a fuck (beyond lip service) about anything but number go up.', '1bi6elc'], ['u/futurevisioning', 16, '2024-03-19 01:26', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kvid2s9/', 'I’m in it for the tech, bro! 🙄', '1bi6elc'], ['u/anyprophet', 52, '2024-... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83
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:** ['After the collapse of FTX Trading Ltd. in 2022, many wrote off Solana and thought that the project was dead. However, the project overcame the odds and has made, according to some, a complete comeback. The price recently surpassed the $200 level, and it is nearing its all-time high of $260 set in November 2021.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\nSolana\'s resurgence has been primarily driven by the projects that are using its chain. While these protocols can range from a distributed computing network to artificial intelligence (AI) protocols, some of the most popular projects are meme coins.\nSolana has become a playground for new meme coins, many of which have become extremely popular. Relatively new tokens, such as Bonk (BONK) and dogwifhat (WIF) have broken into the top 50 tokens by market cap and made many investors rich.\nNew tokens are also popping up seemingly every day. In the past week, a handful of new tokens were released through a new method called a presale.\nThe system works by having investors send SOL tokens to a wallet in exchange for an allocation of new tokens when the project is launched. The amount of tokens you receive depends on the initial amount you send and the overall demand for the project. Ideally, you would invest in a project with small amounts of initial demand to secure lots of tokens, but then see it pick up steam, resulting in huge gains. This is what happened last week with tokens BOOK OF MEME (BOME), Slerf (SLERF) and Snap (SNAP).\nTrending: Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\nBOME and SNAP are based on the Pepe meme, popularized in the early 2000s, while SLERF is based on a meme of a sloth. All of these tokens used a presale, bringing in investments of several million dollars, which soon turned into billions.\nIn terms of price increases, the tokens saw massive price swings and huge returns within hours of launch.\n• BOME saw a price increase of over 37,000% within the first three days.\n• SLERF went from $0.02 to nearly $1.40 within three hours, marking a gain of over 6,100%.\n• SNAP increased by over 600% in three hours.\nTo become a millionaire with BOME, an initial investment of around $2,700 was required. For SLERF, you would have had to invest $16,400 to become a millionaire. Lastly, an investment of $159,000 into SNAP would have turned into $1 million.\nWhile it may not seem like the brightest idea to invest huge amounts into such volatile assets, many people did. One example is Solana user sundayfunday.sol, who invested $72,000 in BOME, which turned into over $30 million. The investor took several million in profits and inverted the rest into other meme coins.\nWhile most of the recent presale meme coins have fallen considerably in value, they are still well above their initial listing price.\nSome are saying that this new presale phenomenon is the peak of meme coin degeneracy; users are throwing money at what could very well be a rug-pull scam. Others point out that people are flocking to SOL to buy these meme coins. So, which will it be? Will these meme coins continue to drive the price of SOL higher, or will they all come crashing down? Only time will tell.\nRead Next:\n• Bitcoin has jumped nearly 50% already this year –how much would you need to get started today\n• Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleSolana Meme Coin Mania: BOME, SLERF And SNAP Print Millionaires Overnightoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', '• A renewed wave of AI enthusiasm helped push the stock market higher on Monday.\n• Nvidia is set to unveil new products at its GTC conference, while a report says Apple and Google could strike a deal on AI.\n• Investors are also paying attention to the Federal Reserve\'s upcoming FOMC meeting on Wednesday.\nA renewed wave of investor enthusiasm toward artificial intelligence helped push the stock market higher on Monday.\nShares of Nvidia jumped just over 1% as the company hosted its annual GPU Technology Conference. Nvidia CEO Jensen Huang was kicking off a highly anticipated two-hour keynote address as the market headed into the closing bell, with investors expecting details on the company\'s upcoming launch of next-generation GPU chips, including the B100, which will be the successor to its wildly popular H100.\nMeanwhile, earlier in the day areport from Bloomberg helped spark a sharp rally in shares of Alphabetduring the session. The search giant saw its stock price surge about 5% after Bloomberg said Apple may utilize Alphabet\'s Gemini AI chatbot in its upcoming iPhone release.\n"We do think that GOOGL is best positioned to win any external deal for AI on AAPL\'s devices given the strong search partnership the two already have," CFRA analyst Angelo Zino said.\nAside from AI developments, investors will turn their attention to the Federal Reserve\'s two-day policy meeting set to begin on Tuesday. While central bankers are expected to leave the benchmark rate unchanged, Fed Chairman Jerome Powell\'s speech will be closely listened to by investors to gauge when the Fed may begin to cut interest rates.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500:5,149.42, up 0.63%\n• Dow Jones Industrial Average:38,790.43, up 0.2% (+75.66 points)\n• Nasdaq Composite:16,103.45, up 0.82%\nHere\'s what else happened today:\n• Millennial women are taking over the economyas female participation in the prime-age workforce surges, according to Ned Davis Research.\n• Wall Street is ramping up its bets that the US economy will experience a soft landing,meaning no recession ahead.\n• A trade war between the US and China is likely regardless of who wins the Presidency in 2024, according to Capital Economics.\n• The housing market is expected to stay exceptionally strong in the Southdue to strong employment trends and relative affordability.\n• Bitcoin could soar 266% to $250,000 next year if inflows into bitcoin ETFs remain strong,according to Standard Chartered.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped 2.13% to $82.30 a barrel.Brent crude, the international benchmark, climbed by 1.97% to $87.02 a barrel.\n• Goldrose by 0.12% to $2,164.00 per ounce.\n• The 10-year Treasury yield rose one basis point to 4.33%.\n• Bitcoindropped by 2.06% to $66,953.\nRead the original article onBusiness Insider', 'THE HAGUE, Netherlands and SAN FRANCISCO, CA - (NewMediaWire) - March 19, 2024 - Developers sponsored by the Peercoin Foundation this week announced the release ofPeercoin v0.13(Codename Anisoptera) and offered insight into proposals for future upgrades.\nAs per tradition, the Peercoin releases follow the tick-tock release schedule. v0.13 is the "tick" release, which brings about a fresh codebase and sets the stage for the upcoming "tock" v0.14 release.\nPlans for the release of v0.14, which will be a hard fork, are currently being drafted through the RFC process which is notably open and transparent. Any interested party is welcome to submit their proposals for improvements to the Peercoin protocol, thereby fostering a collaborative and inclusive development environment.\nProposed Protocol Upgrades\nRFC-0028- Optimal Stake Split and Combine:This proposal would make the Peercoin wallet smarter so it automatically helps stakers achieve the highest potential reward when continuously staking.\nRFC-0030- PoW ASERT:To address dramatic fluctuations in hashpower and to mitigate unexpected PoW inflation, Peercoin developers have proposed that Peercoin\'s Proof-of-Work protocol adopt ASERT, a protocol engineered by Bitcoin Cash developers. This shift to a more responsive difficulty adjustment algorithm (DAA) ensures Peercoin\'s PoW protocol can swiftly adapt to hash power changes throughout the day, enhancing the network\'s stability and efficiency.\nImproved Network Parameters:Another improvement to Peercoin being considered for the RFC process is a set of adjustments to Peercoin\'s staking logic. From the perspective of users, it would cut the block time target in half from 10 minutes to 5 minutes. It would reduce the stake maturation period from 30 days to 21 days so that users can begin staking earlier. It would greatly favor smaller UTXOs for staking about 50 PPC in size making it easier for smaller stakers to participate in the consensus process. Consequently, it would substantially increase staking rewards when the security level is relatively low to further incentivize staking when it is most required. Overall, these changes will make Peercoin faster, fairer, more rewarding and more secure.\n"The release of Peercoin v0.13 and the proposed upgrades for Peercoin v0.14 towards greater network security validate our decision to execute our blockchain initiatives on Peercoin," said Wing Yu, CEO of PRConnect, a leading content syndication solutions provider that cryptographically hashes press releases and now posts up to 1,000 transactions a day on Peercoin.\nAbout Peercoin\nPeercoinis the original Proof-of-Stake blockchain. It is an 11 year old, fairly distributed, open-source, and community-driven project. Peercoin is designed around the concepts of energy and economical sustainability, both made possible by its innovation of Proof-of-Stake consen **Last 60 Days of Bitcoin's Closing Prices:** [41618.41, 41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-19 **Financial & Commodity Data:** - Gold Closing Price: $2156.30 - Crude Oil Closing Price: $83.47 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,295,610,515,888 - Hash Rate: 655172523.6571684 - Transaction Count: 463952.0 - Unique Addresses: 755218.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- The leaders of the World Bank and International Monetary Fund are seeking to mend fences between their sister institutions after tensions arose in recent years over issues including climate change and sovereign debt issues. Most Read from Bloomberg Florida Governor DeSantis Drops Out of 2024 Presidential Race Hedge Funds Rake in Huge Profits Betting on Catastrophe Risk Trump’s 2016 Win Shook Markets. Traders Won’t Get Fooled Again. Putin Orders Hunt for Property of Russian Empire, Soviet Union Burger King Is Serving Whoppers With a Side of Cringe Ajay Banga, who took over as World Bank president in June, met last week with the IMF executive board, made up of 24 executive directors who represent its 190 member countries, according to an IMF spokesman. It’s the first time that a chief of the anti-poverty institution has met with those top officials of the world’s lender of last resort in more than five years. It’s part of an effort to move past some bad blood dating to the tenure of Banga’s predecessor, David Malpass. The Trump appointee was criticized for not sufficiently focusing on environmental issues, while IMF Managing Director Kristalina Georgieva moved the fund toward addressing climate issues. An IMF spokesman said in a statement that Banga’s “informal courtesy visit to the IMF Executive Board was for him to outline his vision for the World Bank Group and the importance of continued close collaboration between the fund and the bank, and not in a response to anything else.” The World Bank declined to comment. Banga and Georgieva said in a joint statement in early September that they plan to enhance collaboration — “in particular with regards to climate change, renewed high debt vulnerabilities, and digital transition.” Banga and Georgieva also meet for breakfast or lunch about once a month to discuss shared priorities, according to a person familiar with their discussions, who asked not to be identified discussing private interactions. Story continues Georgieva, an environmental economist, took the top at the IMF job in 2019 after serving as the World Bank’s number two official and running it for several months before Malpass was appointed. Under her, the IMF has begun granting longer-term loans to help nations adapt to climate change, traditionally the purview of the World Bank. That sparked resentment among some at the World Bank, which environmental groups criticized as being disinterested in the issue under Malpass. Meanwhile, Malpass, who in the Trump administration had a reputation as a China hawk, was more vocal than Georgieva in calling for Beijing to provide debt relief to struggling nations during the Covid-19 pandemic. That stirred some unease at the IMF, whose traditional focus is on balance of payments lending and debt. Tensions were further stoked in late 2021 after the World Bank under Malpass’s leadership released a report that characterized Georgieva as trying to improperly boost China’s ranking in a survey of business climates during her time at the bank. That led the IMF board to consider removing her, although it determined the report didn’t “conclusively demonstrate” wrongdoing. Last week’s IMF board meeting with Banga, at the IMF headquarters across the street from the World Bank in Washington, lasted about 90 minutes and was focused on how the institutions can create incentives for greater collaboration between their staffs, which varies between countries and offices around the world, according to people familiar with the meeting, who asked not to be identified because it was private. The visit ended with a pledge to maintain stepped-up interactions, they said. The World Bank’s roughly 16,000 staff are largely focused on project finance, while the IMF’s approximately 3,000 employees, mostly economists, are more focused on balance of payments lending. Malpass stepped down last year, almost a year before the end of his term to “pursue new challenges.” The Biden administration appointed Banga to replace Malpass and has signaled that it now wants to see the IMF refocus on its core mission of macroeconomic and exchange-rate surveillance and guidance, and leave climate expertise to the World Bank and others. Read More: US Calls on IMF to Reload and Refocus Amid China Pushback Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Japan’s Market Roars Back to Life—With Old-Timers Leading the Way ©2024 Bloomberg L.P.... - Reddit Posts (Sample): [['u/Stoppedapollo67', 'Dorms Marked Key', 36, '2024-03-19 00:42', 'https://www.reddit.com/r/Tarkov/comments/1bi5u4l/dorms_marked_key/', "This is my first wipe playing tarkov got the game about a month or so ago. I've made it to lvl 21 or so but die nearly every PMC raid. The other day I got lucky in factory looting a jacket and got a marked key for customs. I just opened it for the first time and holy shit is it worth. I got 2 bitcoin and RSASS and a mk47. I hauled ass to zb11 and heard another pmc rushing me as I exfilled. I don't know how much the guns are really worth because they dont sell on the flea but I made half the cost of the key in just one open of the room. Really loving the game right now.\n", 'https://www.reddit.com/r/Tarkov/comments/1bi5u4l/dorms_marked_key/', '1bi5u4l', [['u/robinjinxed', 20, '2024-03-19 00:51', 'https://www.reddit.com/r/Tarkov/comments/1bi5u4l/dorms_marked_key/kvi7jq3/', 'You will need one RSASS for a gunsmith quest, keep one.', '1bi5u4l'], ['u/haldolinyobutt', 21, '2024-03-19 00:54', 'https://www.reddit.com/r/Tarkov/comments/1bi5u4l/dorms_marked_key/kvi8441/', 'That room can be really hit or miss, the next time you go you might find a pistol, some ammo and a teapot. You need the key for a quest though', '1bi5u4l']]], ['u/aledanniel', 'Had enough of this BS', 118, '2024-03-19 00:55', 'https://www.reddit.com/r/CoinBase/comments/1bi654l/had_enough_of_this_bs/', 'Today I had enough and took all my money out of this ridiculous platform.\n\nFor Coinbase folks Case# 18231622\n\nAccount holder for maybe 12 years? Deposited much larger amounts recently. All verified kyc, never used vpn. Wired funds so it’s easier for them since they told me this is the safest for them. So I paid wire fees no problem. Never tried to do anything shady always following rules. Provided Id, selfies, all required documentation. Address all matches. Bought btc and BCH, and the moment I transfer some of it, like 5% to my cold wallet, Trezor (days later), my account is put on hold. At first I’m happy about it good for security. I allow all the time they need to review. They say 2 days I wait. 3rd day I ask if they need anything else they say no but now it’s 5 days. Same thing happens but now it’s 2 weeks. Same thing happens but now it’s 60 days. I wait 60 days and today I was told that review got dropped because of risk factos and I can submit a request to review again in 2 months.\n\nAll this time of course I had to wait an hour or two to speak/chat to an associate. They never give specifics. I would love to provide anything they need but I don’t know what they need because they won’t tell me what the issue is. \n\nPeople on the chat won’t let me ask questions and this last time, today, the customer service client asked if I had my issue resolved, I said no, and just disconnected me. They treat people like sht. \n\nI sold all and transfered to my bank. Will be using other platforms going forward. \n', 'https://www.reddit.com/r/CoinBase/comments/1bi654l/had_enough_of_this_bs/', '1bi654l', [['u/PutridPresent9957', 23, '2024-03-19 01:45', 'https://www.reddit.com/r/CoinBase/comments/1bi654l/had_enough_of_this_bs/kvig1r8/', 'Coinbase is terrible, I only buy small amounts on there and transfer directly to cold storage', '1bi654l'], ['u/stocktadercryptobro', 11, '2024-03-19 02:22', 'https://www.reddit.com/r/CoinBase/comments/1bi654l/had_enough_of_this_bs/kviluea/', "I'm waiting until the 25th to be able to move my crypto off (that's assuming I get permission then). The money is already cleared from my bank. No reason other than bullshit. I've bought and sold tens of thousands on the platform, and have a coinbase one membership. Shady af exchange. I'm going to start shopping for another. Maybe Kraken?", '1bi654l'], ['u/nutacreep', 10, '2024-03-19 03:41', 'https://www.reddit.com/r/CoinBase/comments/1bi654l/had_enough_of_this_bs/kvixlo6/', 'Ok… really not sure what the hostility is about, you can check the Gemini subreddit and reviews online for others that have had a similar experience. Whether you believe me or not makes no difference to me 👍🏼', '1bi654l']]], ['u/AnswerJazzlike', 'Best & Worst changes in the show', 17, '2024-03-19 00:58', 'https://www.reddit.com/r/HellsKitchen/comments/1bi66yv/best_worst_changes_in_the_show/', "Tell us the changes you like and dislike from the show. It could be from early seasons to the newer ones and can range from adding new features (punishment pass), removing old ones (Best of the Worst, team captains, etc.), to adding a new spin on recurring challenges (signature dish changing their scoring system, BTC adding punishments to wrong answers). Just tell us the season that this change occurred.\n\nTo name a few...\n\nBest: \n\n* Changing the Signature Dish scoring system to the 1-5 scale instead of chasing between two chefs. Introduced in season 13, it seems. like a better way to gauge every chef's dishes while still making it a team challenge.\n* Removing the design your own restaurant challenge. I think they removed it around season 6 but yeah it kind of felt like padding to me.\n\nWorst:\n\n* Discontinuing the design your own menu challenge/service. It seems like a fun way to test the creativity of the teams and their ability to work together. Additional bonus is Ramsay being at his most pissed off during these kinds of services. Last menu challenge was Season 12. I know from Flynnmasters that the red team broke it but I don't think every team onwards would have pulled off that level of teamwork. Just imagine teams like the s17 red team or the s19 blue team trying to design and implement their menu.\n* Elimination challenges in general. I was fine with the one cook for your like challenge that happens around the midpoint but using that to decide the first boot, the black jackets, AND the finalists just made me despise it.\n * The first elimination challenge was introduced in Season 19 where one person doesn't even get a chance to prove themselves during service. That just seems unfair. Just to rub further salt in the wound, they don't even get the Henkel knife set.\n * Final elimination challenge takes the cake though. You know what season this was introduced. That season can speak for themselves, they know who they are. By this point in the game, the chef's creativity and service skills are already proven. It feels like bullshit that it's yet another challenge to dictate who. makes it to the finale instead of who was the better leader, the actual skill needed most for the head chef position. \n* Very minor but still disappointing is the removal of the quirky intros. Starting from season 17, it's just Ramsay strolling through a fiery restaurant I know the rights for the old theme song expired but that doesn't mean they can't do those old fun opening anymore. \n\nWhat are your's guy's pick? If you're confused, I'll do my best to clarify", 'https://www.reddit.com/r/HellsKitchen/comments/1bi66yv/best_worst_changes_in_the_show/', '1bi66yv', [['u/EldredKnight', 20, '2024-03-19 01:03', 'https://www.reddit.com/r/HellsKitchen/comments/1bi66yv/best_worst_changes_in_the_show/kvi9g7s/', "A good early one was moving to all professionals for S3 onwards (Except for Dominic in S4 for some reason). I like seeing people who know what they're doing, or at least aren't on the catastrophically unprepared level they were in 1 and 2. According to Virginia, they didn't even get a proper demonstration of the menu like we see them get in newer seasons.", '1bi66yv'], ['u/CatacombsRave', 11, '2024-03-19 01:35', 'https://www.reddit.com/r/HellsKitchen/comments/1bi66yv/best_worst_changes_in_the_show/kviei98/', 'I agree, I miss the create-your-own menu challenge. I also miss when the finale was down to 2 chefs.', '1bi66yv'], ['u/camundell', 12, '2024-03-19 02:20', 'https://www.reddit.com/r/HellsKitchen/comments/1bi66yv/best_worst_changes_in_the_show/kvilegv/', 'I hate the pouring of liquid food during the blind taste test! My favorite challenge and this just about ruins it', '1bi66yv'], ['u/Alex72598', 18, '2024-03-19 02:58', 'https://www.reddit.com/r/HellsKitchen/comments/1bi66yv/best_worst_changes_in_the_show/kvir92d/', '\nI wish they hadn’t removed the black jacket rookies vs veterans service that was in 9-11. It was fun to see how the current chefs stacked up to the best from past seasons.', '1bi66yv']]], ['u/Kooky-Turnip-1715', 'Wasn’t crypto originally created to escape the system?', 82, '2024-03-19 01:06', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/', 'Now the government has their hands all in it and taxes you for it. That was literally the reason bitcoin was created, for anonymity. Using physical cash is more anonymous then bitcoin at this point\n\nAt the end of the day if you wanna speculate and try to make some money, go for it. But the people who think they are clever and “escaping the matrix” through crypto are delusional. \n\n', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/', '1bi6elc', [['u/TheAnalogKoala', 25, '2024-03-19 01:12', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kviawu1/', 'It was created for more than anonymity. Satoshi anticipated that Bitcoin wasn’t perfectly anonymous and knew that some acitivities could unmask wallet owners, but I doubt he anticipated that the blockchain would someday be read almost like a book. \n\nWhat he was really interested was censorship-resistance and inability to debase the currency. \n\nSo yeah, I think he’s turning in his grave based on what Bitcoin has become. Pretty much no one gives a fuck (beyond lip service) about anything but number go up.', '1bi6elc'], ['u/futurevisioning', 16, '2024-03-19 01:26', 'https://www.reddit.com/r/Buttcoin/comments/1bi6elc/wasnt_crypto_originally_created_to_escape_the/kvid2s9/', 'I’m in it for the tech, bro! 🙄', '1bi6elc'], ['u/anyprophet', 52, '2024-... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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 had a phenomenal start to 2024, recording new all-time highs and exceeding the expectations of investors around the world.\nBut the price run has slowed significantly, and Bitcoin is down over 10% in the past week, dipping below the $63,000 level. What does this mean for Bitcoin going forward? Take a look.\nFor starters, many analysts believe that Bitcoin was due for a slight reversal. For example, Anthony Scaramucci, founder of SkyBridge Capital, said the last time Bitcoin hit all-time highs in 2021, "You had Bitcoin correct 10% or more 13 times ... from $3,800 to $69,000." This could be a case of a slight pullback before Bitcoin reaches new highs again.\nDon\'t Miss:\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\nAdditionally, Robert Kiyosaki, author of "Rich Dad Poor Dad,"said, "All market crashes are, are assets going on and ‘sale\' is my favorite four-letter word." While this drop in the price of Bitcoin may not necessarily be a crash, it could be viewed as Bitcoin simply "going on sale."\nBitcoin has seen huge growth in 2024, primarily because of the approval of spot exchange-traded funds (ETFs) and the upcoming Bitcoin halving. The ETFs have attracted tens of billions in inflows, and the Bitcoin halving is projected to reduce the amount of selling activity in the market.\nAnother wrinkle is that the Government Pension Investment Fund (GPIF) of Japanrequested information on Bitcointo potentially include it in future investment portfolios.\nWith nearly $1.5 trillion in assets as of fall 2023, GPIF is the largest pension fund in the world. On March 19, it asked to take a closer look at a handful of "illiquidity assets," such as Bitcoin, farmland and gold. It likely will take some time to review the information before deciding whether to invest in these assets. The submission for information is due on April 19.GPIF focuses on investments in both domestic and foreign debt and equities as well as real estate and private equity.\nGPIF is not the first pension fund to take a look at the viability of Bitcoin. The Houston Firefighters Relief and Retirement Fund (HFRRF) has invested in Bitcoin directly, and theSouth Korean National Pension Servicehas a stake in Coinbase stock.\nIf GPIF invests in Bitcoin, it could mark a significant change in the institutional view of Bitcoin from an investment perspective. It will be interesting to see what GPIF finds in its preliminary research later this spring and whether it turns into an investment in digital currency.\nRead Next:\n• Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\n• Bitcoin has jumped another 45% already this year –how much would you need to get started today?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleBitcoin Dropped Below $63K — Is BTC Going On Sale As Japan\'s Government Pension Fund Asks For Information On It For New Investments?originally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Bitcoin has had a phenomenal start to 2024, recording new all-time highs and exceeding the expectations of investors around the world.\nBut the price run has slowed significantly, and Bitcoin is down over 10% in the past week, dipping below the $63,000 level. What does this mean for Bitcoin going forward? Take a look.\nFor starters, many analysts believe that Bitcoin was due for a slight reversal. For example, Anthony Scaramucci, founder of SkyBridge Capital, said the last time Bitcoin hit all-time highs in 2021, "You had Bitcoin correct 10% or more 13 times ... from $3,800 to $69,000." This could be a case of a slight pullback before Bitcoin reaches new highs again.\nDon\'t Miss:\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\nAdditionally, Robert Kiyosaki, author of "Rich Dad Poor Dad,"said, "All market crashes are, are assets going on and ‘sale\' is my favorite four-letter word." While this drop in the price of Bitcoin may not necessarily be a crash, it could be viewed as Bitcoin simply "going on sale."\nBitcoin has seen huge growth in 2024, primarily because of the approval of spot exchange-traded funds (ETFs) and the upcoming Bitcoin halving. The ETFs have attracted tens of billions in inflows, and the Bitcoin halving is projected to reduce the amount of selling activity in the market.\nAnother wrinkle is that the Government Pension Investment Fund (GPIF) of Japanrequested information on Bitcointo potentially include it in future investment portfolios.\nWith nearly $1.5 trillion in assets as of fall 2023, GPIF is the largest pension fund in the world. On March 19, it asked to take a closer look at a handful of "illiquidity assets," such as Bitcoin, farmland and gold. It likely will take some time to review the information before deciding whether to invest in these assets. The submission for information is due on April 19.GPIF focuses on investments in both domestic and foreign debt and equities as well as real estate and private equity.\nGPIF is not the first pension fund to take a look at the viability of Bitcoin. The Houston Firefighters Relief and Retirement Fund (HFRRF) has invested in Bitcoin directly, and theSouth Korean National Pension Servicehas a stake in Coinbase stock.\nIf GPIF invests in Bitcoin, it could mark a significant change in the institutional view of Bitcoin from an investment perspective. It will be interesting to see what GPIF finds in its preliminary research later this spring and whether it turns into an investment in digital currency.\nRead Next:\n• Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\n• Bitcoin has jumped another 45% already this year –how much would you need to get started today?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleBitcoin Dropped Below $63K — Is BTC Going On Sale As Japan\'s Government Pension Fund Asks For Information On It For New Investments?originally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', "The United States Securities and Exchange Commission (SEC) has decided to delay its ruling on the proposed spot Ether exchange-traded funds (ETFs) by Hashdex and ARK 21Shares. The SEC'sannouncement, which came on March 19, revealed that the final decision for both Ether ETF applications will be made in late May.\nMarket analysts are expressing doubt about the approval prospects for the eight Ether ETFs currently under consideration. Notably, analysts such as James Seyffart, an ETF analyst at Bloomberg, have become increasingly skeptical due to the lack of communication between the SEC and the issuers. Seyffartadmitteda shift in his outlook and now believes that the ETFs will likely be denied on May 23.\nEric Balchunas, another ETF analyst at Bloomberg, has also revised his Ether ETF approval odds from 50% to 35%. Balchunas noted that the SEC's handling of the Ether ETFs contrasts sharply with its approach to Bitcoin ETFs, as the agency has remained largely silent throughout the process.\nWhile the ETF approval hangs in the balance, Grayscale, the asset management firm, has joined the ranks of issuers considering the inclusion of staking in its spot Ether ETF application. In astatementsent to Grayscale Ethereum Trust investors, the company outlined several proposals, including the option to stake Ether held by the trust. This move aims to counter inflationary pressures resulting from Ethereum's proof-of-stake protocol and align with other investment products offering similar staking opportunities. The proposals will be subject to a vote, requiring consent from over 50% of shares.", '• BTC fell over 8% on Tuesday, its biggest single-day (UTC) percentage slide since November 2022.\n• ETF outflows likely catalyzed the drop.\nBitcoin’s {{BTC}} price correction gathered pace Tuesday as the U.S.-listed spot exchange-traded funds (ETFs) fell out of favor.\nThe leading cryptocurrency by market value fell over 8% to under $62,000, data from charting platformTradingView show. That’s the biggest single-day percentage (UTC) decline since Nov. 9, 2022. That day, prices tanked over 14% as Sam Bankman Fried’s FTX exchange, formerly the third largest,went bankrupt. The daily performance mentioned here represents the percentage gain or loss in a day, beginning at midnight UTC and concluding at 23:59:59, UTC.\nPrices have pulled back 15% from record highs of over $73,500 reached last week. The CoinDesk 20 Index has pulled back 16% over the same time frame.\nBitcoin’s latest price slide has been catalyzed by several factors, including outflows from the spot ETFs, according to trader and economist Alex Kruger.\nProvisional data published by investment firm Farside show that on Tuesday, there was a net outflow of $326 million from the spot ETFs, the largest on record. On Monday, Grayscale’s ETF witnessed a record outflow of $643 million.\n“Reasons for the crash, in order of importance: #1 Too much leverage (funding matters). #2 ETH driving market south (market decided ETF was not passing). #3 Ne **Last 60 Days of Bitcoin's Closing Prices:** [41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-20 **Financial & Commodity Data:** - Gold Closing Price: $2157.90 - Crude Oil Closing Price: $81.68 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,251,673,324,062 - Hash Rate: 621787936.4644464 - Transaction Count: 361515.0 - Unique Addresses: 639266.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: WhileBitcoin(CRYPTO: BTC)started the crypto movement, the arrival ofEthereum(CRYPTO: ETH)altered the trajectory of the asset class forever. As the first programmable blockchain, Ethereum'ssmart contractsmeant developers could build applications like decentralized exchanges, non-fungible tokens (NFTs), stablecoins, and much more. Collectively grouped as decentralized finance (DeFi), Ethereum's novel functionality helped it grow by more than 80,000% from 2016 to 2017 and set the stage for the next chapter in crypto's evolution. But now things are coming full circle. While Bitcoin doesn't inherently possess the infrastructure to support true smart contract capabilities, advances in technology are giving the original cryptocurrency a chance at DeFi. If you missed out on Ethereum's rise, you won't want to miss out on this Bitcoin-centric blockchain leading the new era of finance --Stacks(CRYPTO: STX). Known as a Layer 2 blockchain, Stacks has a symbiotic relationship with Bitcoin. It uses a proof of transfer consensus mechanism which is powered by Bitcoin miners. These miners form the foundation of Stacks's intricate and deep-rooted relationship with Bitcoin. Stacks's Bitcoin-interdependence is deserving of its own analysis. It can be a little complex and might be best saved for another day. Of more importance, though, is the true power Stacks brings to the table -- smart contracts. With Stacks, developers can build decentralized applications just like on Ethereum, but because of the layered configuration, transactions reach finality on Bitcoin. Due to this relationship, the security of Stacks essentially becomes backed by Bitcoin's unparalleled security. Not to mention, Stacks also provides faster speeds and lower fees, two known pinch points of Bitcoin. As it currently stands, Stacks provides a new way to leverage Bitcoin, but it doesn't do so in true Bitcoin fashion. Today, users still pay for transactions with the STX token and don't have the ability to natively use Bitcoin in DeFi. However, this is on the verge of changing. In summer 2024, Stacks plans to launch sBTC, a two-way pegged token that unlocks Bitcoin's true DeFi capabilities. With sBTC, Bitcoin holders will be able to exchange their BTC for sBTC, and then use that sBTC to participate in the DeFi economy. Furthermore, since sBTC tracks Bitcoin's price, users can redeem the token for their original BTC holdings without any price slippage. Unlike existing Bitcoin-equivalent tokens, the sBTC conversion process is conducted in a decentralized fashion through the use of smart contracts and multisig wallets, which have a higher level of security. By effectively minimizing counterparty risk, not only does Stacks give Bitcoin a much needed DeFi makeover, but it does so without making any compromises to itsdecentralization and security. To quantify just how momentous all this is, take a look atWrapped BTC(CRYPTO: WBTC), a token that tracks Bitcoin's price but that is hosted on Ethereum. By exchanging Bitcoin holdings for Wrapped Bitcoin, users can engage in the various DeFi protocols that Ethereum is so popular for and then later redeem their original Bitcoin. This process is very similar to what sBTC will accomplish, but with two major differences. First, Wrapped Bitcoin introduces counterparty risk, as it relies on a centralized intermediary to facilitate conversions. Second, the token operates on Ethereum and therefore has no synchronicity with Bitcoin's blockchain. Even with these lapses in functionality, there is considerable demand among investors to use the Bitcoin equivalent in the DeFi economy. Look no further than Wrapped BTC's market cap as evidence. Worth more than $6 billion, Wrapped BTC is the 17th most valuable cryptocurrency on the market today. If Stacks were to replace Wrapped BTC's role, it could see its $2 billion market cap rise more than three-fold. Comparing Stacks to Wrapped Bitcoin is likely underselling Stacks's potential. Bitcoin is the most prominent cryptocurrency, and interest in using it for more than just sending or storing value is growing. Take the surge of Ordinals, for example. This innovative solution was launched in early 2023 and essentially allowed for the creation of Bitcoin-based NFTs. In 2023 alone, 1.6 million Ordinals were bought, generating more than $1.8 billion in total sales. Quantifying Stacks's true potential can be difficult. But famed venture capitalist, billionaire, and crypto enthusiast Tim Draper might have summed it up best in a December 2023 interview. In his appearance on CoinBureau, Draper compared Bitcoin toMicrosoft, the foundational operating system of a computer, and Stacks as the development layer, where popular applications like Word, PowerPoint, and Excel can be built and used. Projecting just how high Stacks could go is inherently speculative, but if just a fraction of Bitcoin's roughly $850 billion market cap made its way to Stacks, a scenario reminiscent of Ethereum's early and explosive days could form. Bitcoin's DeFi era is only in its beginning stages, and Stacks is perfectly positioned to benefit. Should you invest $1,000 in Stacks right now? Before you buy stock in Stacks, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now... and Stacks wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of the S&P 500 since 2002*. See the 10 stocks *Stock Advisor returns as of January 29, 2024 RJ Fultonhas positions in Bitcoin, Ethereum, and Stacks. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Microsoft. The Motley Fool has adisclosure policy. Missed Out On Ethereum? Buy This Crypto Nowwas originally published by The Motley Fool... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30
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:** ['Bitcoin has had a phenomenal start to 2024, recording new all-time highs and exceeding the expectations of investors around the world.\nBut the price run has slowed significantly, and Bitcoin is down over 10% in the past week, dipping below the $63,000 level. What does this mean for Bitcoin going forward? Take a look.\nFor starters, many analysts believe that Bitcoin was due for a slight reversal. For example, Anthony Scaramucci, founder of SkyBridge Capital, said the last time Bitcoin hit all-time highs in 2021, "You had Bitcoin correct 10% or more 13 times ... from $3,800 to $69,000." This could be a case of a slight pullback before Bitcoin reaches new highs again.\nDon\'t Miss:\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\nAdditionally, Robert Kiyosaki, author of "Rich Dad Poor Dad,"said, "All market crashes are, are assets going on and ‘sale\' is my favorite four-letter word." While this drop in the price of Bitcoin may not necessarily be a crash, it could be viewed as Bitcoin simply "going on sale."\nBitcoin has seen huge growth in 2024, primarily because of the approval of spot exchange-traded funds (ETFs) and the upcoming Bitcoin halving. The ETFs have attracted tens of billions in inflows, and the Bitcoin halving is projected to reduce the amount of selling activity in the market.\nAnother wrinkle is that the Government Pension Investment Fund (GPIF) of Japanrequested information on Bitcointo potentially include it in future investment portfolios.\nWith nearly $1.5 trillion in assets as of fall 2023, GPIF is the largest pension fund in the world. On March 19, it asked to take a closer look at a handful of "illiquidity assets," such as Bitcoin, farmland and gold. It likely will take some time to review the information before deciding whether to invest in these assets. The submission for information is due on April 19.GPIF focuses on investments in both domestic and foreign debt and equities as well as real estate and private equity.\nGPIF is not the first pension fund to take a look at the viability of Bitcoin. The Houston Firefighters Relief and Retirement Fund (HFRRF) has invested in Bitcoin directly, and theSouth Korean National Pension Servicehas a stake in Coinbase stock.\nIf GPIF invests in Bitcoin, it could mark a significant change in the institutional view of Bitcoin from an investment perspective. It will be interesting to see what GPIF finds in its preliminary research later this spring and whether it turns into an investment in digital currency.\nRead Next:\n• Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\n• Bitcoin has jumped another 45% already this year –how much would you need to get started today?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleBitcoin Dropped Below $63K — Is BTC Going On Sale As Japan\'s Government Pension Fund Asks For Information On It For New Investments?originally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Bitcoin has had a phenomenal start to 2024, recording new all-time highs and exceeding the expectations of investors around the world.\nBut the price run has slowed significantly, and Bitcoin is down over 10% in the past week, dipping below the $63,000 level. What does this mean for Bitcoin going forward? Take a look.\nFor starters, many analysts believe that Bitcoin was due for a slight reversal. For example, Anthony Scaramucci, founder of SkyBridge Capital, said the last time Bitcoin hit all-time highs in 2021, "You had Bitcoin correct 10% or more 13 times ... from $3,800 to $69,000." This could be a case of a slight pullback before Bitcoin reaches new highs again.\nDon\'t Miss:\n• About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today?\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\nAdditionally, Robert Kiyosaki, author of "Rich Dad Poor Dad,"said, "All market crashes are, are assets going on and ‘sale\' is my favorite four-letter word." While this drop in the price of Bitcoin may not necessarily be a crash, it could be viewed as Bitcoin simply "going on sale."\nBitcoin has seen huge growth in 2024, primarily because of the approval of spot exchange-traded funds (ETFs) and the upcoming Bitcoin halving. The ETFs have attracted tens of billions in inflows, and the Bitcoin halving is projected to reduce the amount of selling activity in the market.\nAnother wrinkle is that the Government Pension Investment Fund (GPIF) of Japanrequested information on Bitcointo potentially include it in future investment portfolios.\nWith nearly $1.5 trillion in assets as of fall 2023, GPIF is the largest pension fund in the world. On March 19, it asked to take a closer look at a handful of "illiquidity assets," such as Bitcoin, farmland and gold. It likely will take some time to review the information before deciding whether to invest in these assets. The submission for information is due on April 19.GPIF focuses on investments in both domestic and foreign debt and equities as well as real estate and private equity.\nGPIF is not the first pension fund to take a look at the viability of Bitcoin. The Houston Firefighters Relief and Retirement Fund (HFRRF) has invested in Bitcoin directly, and theSouth Korean National Pension Servicehas a stake in Coinbase stock.\nIf GPIF invests in Bitcoin, it could mark a significant change in the institutional view of Bitcoin from an investment perspective. It will be interesting to see what GPIF finds in its preliminary research later this spring and whether it turns into an investment in digital currency.\nRead Next:\n• Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\n• Bitcoin has jumped another 45% already this year –how much would you need to get started today?\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleBitcoin Dropped Below $63K — Is BTC Going On Sale As Japan\'s Government Pension Fund Asks For Information On It For New Investments?originally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', "The United States Securities and Exchange Commission (SEC) has decided to delay its ruling on the proposed spot Ether exchange-traded funds (ETFs) by Hashdex and ARK 21Shares. The SEC'sannouncement, which came on March 19, revealed that the final decision for both Ether ETF applications will be made in late May.\nMarket analysts are expressing doubt about the approval prospects for the eight Ether ETFs currently under consideration. Notably, analysts such as James Seyffart, an ETF analyst at Bloomberg, have become increasingly skeptical due to the lack of communication between the SEC and the issuers. Seyffartadmitteda shift in his outlook and now believes that the ETFs will likely be denied on May 23.\nEric Balchunas, another ETF analyst at Bloomberg, has also revised his Ether ETF approval odds from 50% to 35%. Balchunas noted that the SEC's handling of the Ether ETFs contrasts sharply with its approach to Bitcoin ETFs, as the agency has remained largely silent throughout the process.\nWhile the ETF approval hangs in the balance, Grayscale, the asset management firm, has joined the ranks of issuers considering the inclusion of staking in its spot Ether ETF application. In astatementsent to Grayscale Ethereum Trust investors, the company outlined several proposals, including the option to stake Ether held by the trust. This move aims to counter inflationary pressures resulting from Ethereum's proof-of-stake protocol and align with other investment products offering similar staking opportunities. The proposals will be subject to a vote, requiring consent from over 50% of shares.", '• BTC fell over 8% on Tuesday, its biggest single-day (UTC) percentage slide since November 2022.\n• ETF outflows likely catalyzed the drop.\nBitcoin’s {{BTC}} price correction gathered pace Tuesday as the U.S.-listed spot exchange-traded funds (ETFs) fell out of favor.\nThe leading cryptocurrency by market value fell over 8% to under $62,000, data from charting platformTradingView show. That’s the biggest single-day percentage (UTC) decline since Nov. 9, 2022. That day, prices tanked over 14% as Sam Bankman Fried’s FTX exchange, formerly the third largest,went bankrupt. The daily performance mentioned here represents the percentage gain or loss in a day, beginning at midnight UTC and concluding at 23:59:59, UTC.\nPrices have pulled back 15% from record highs of over $73,500 reached last week. The CoinDesk 20 Index has pulled back 16% over the same time frame.\nBitcoin’s latest price slide has been catalyzed by several factors, including outflows from the spot ETFs, according to trader and economist Alex Kruger.\nProvisional data published by investment firm Farside show that on Tuesday, there was a net outflow of $326 million from the spot ETFs, the largest on record. On Monday, Grayscale’s ETF witnessed a record outflow of $643 million.\n“Reasons for the crash, in order of importance: #1 Too much leverage (funding matters). #2 ETH driving market south (market decided ETF was not passing). #3 Ne **Last 60 Days of Bitcoin's Closing Prices:** [41665.59, 41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-20 **Financial & Commodity Data:** - Gold Closing Price: $2157.90 - Crude Oil Closing Price: $81.68 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,251,673,324,062 - Hash Rate: 621787936.4644464 - Transaction Count: 361515.0 - Unique Addresses: 639266.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: WhileBitcoin(CRYPTO: BTC)started the crypto movement, the arrival ofEthereum(CRYPTO: ETH)altered the trajectory of the asset class forever. As the first programmable blockchain, Ethereum'ssmart contractsmeant developers could build applications like decentralized exchanges, non-fungible tokens (NFTs), stablecoins, and much more. Collectively grouped as decentralized finance (DeFi), Ethereum's novel functionality helped it grow by more than 80,000% from 2016 to 2017 and set the stage for the next chapter in crypto's evolution. But now things are coming full circle. While Bitcoin doesn't inherently possess the infrastructure to support true smart contract capabilities, advances in technology are giving the original cryptocurrency a chance at DeFi. If you missed out on Ethereum's rise, you won't want to miss out on this Bitcoin-centric blockchain leading the new era of finance --Stacks(CRYPTO: STX). Known as a Layer 2 blockchain, Stacks has a symbiotic relationship with Bitcoin. It uses a proof of transfer consensus mechanism which is powered by Bitcoin miners. These miners form the foundation of Stacks's intricate and deep-rooted relationship with Bitcoin. Stacks's Bitcoin-interdependence is deserving of its own analysis. It can be a little complex and might be best saved for another day. Of more importance, though, is the true power Stacks brings to the table -- smart contracts. With Stacks, developers can build decentralized applications just like on Ethereum, but because of the layered configuration, transactions reach finality on Bitcoin. Due to this relationship, the security of Stacks essentially becomes backed by Bitcoin's unparalleled security. Not to mention, Stacks also provides faster speeds and lower fees, two known pinch points of Bitcoin. As it currently stands, Stacks provides a new way to leverage Bitcoin, but it doesn't do so in true Bitcoin fashion. Today, users still pay for transactions with the STX token and don't have the ability to natively use Bitcoin in DeFi. However, this is on the verge of changing. In summer 2024, Stacks plans to launch sBTC, a two-way pegged token that unlocks Bitcoin's true DeFi capabilities. With sBTC, Bitcoin holders will be able to exchange their BTC for sBTC, and then use that sBTC to participate in the DeFi economy. Furthermore, since sBTC tracks Bitcoin's price, users can redeem the token for their original BTC holdings without any price slippage. Unlike existing Bitcoin-equivalent tokens, the sBTC conversion process is conducted in a decentralized fashion through the use of smart contracts and multisig wallets, which have a higher level of security. By effectively minimizing counterparty risk, not only does Stacks give Bitcoin a much needed DeFi makeover, but it does so without making any compromises to itsdecentralization and security. To quantify just how momentous all this is, take a look atWrapped BTC(CRYPTO: WBTC), a token that tracks Bitcoin's price but that is hosted on Ethereum. By exchanging Bitcoin holdings for Wrapped Bitcoin, users can engage in the various DeFi protocols that Ethereum is so popular for and then later redeem their original Bitcoin. This process is very similar to what sBTC will accomplish, but with two major differences. First, Wrapped Bitcoin introduces counterparty risk, as it relies on a centralized intermediary to facilitate conversions. Second, the token operates on Ethereum and therefore has no synchronicity with Bitcoin's blockchain. Even with these lapses in functionality, there is considerable demand among investors to use the Bitcoin equivalent in the DeFi economy. Look no further than Wrapped BTC's market cap as evidence. Worth more than $6 billion, Wrapped BTC is the 17th most valuable cryptocurrency on the market today. If Stacks were to replace Wrapped BTC's role, it could see its $2 billion market cap rise more than three-fold. Comparing Stacks to Wrapped Bitcoin is likely underselling Stacks's potential. Bitcoin is the most prominent cryptocurrency, and interest in using it for more than just sending or storing value is growing. Take the surge of Ordinals, for example. This innovative solution was launched in early 2023 and essentially allowed for the creation of Bitcoin-based NFTs. In 2023 alone, 1.6 million Ordinals were bought, generating more than $1.8 billion in total sales. Quantifying Stacks's true potential can be difficult. But famed venture capitalist, billionaire, and crypto enthusiast Tim Draper might have summed it up best in a December 2023 interview. In his appearance on CoinBureau, Draper compared Bitcoin toMicrosoft, the foundational operating system of a computer, and Stacks as the development layer, where popular applications like Word, PowerPoint, and Excel can be built and used. Projecting just how high Stacks could go is inherently speculative, but if just a fraction of Bitcoin's roughly $850 billion market cap made its way to Stacks, a scenario reminiscent of Ethereum's early and explosive days could form. Bitcoin's DeFi era is only in its beginning stages, and Stacks is perfectly positioned to benefit. Should you invest $1,000 in Stacks right now? Before you buy stock in Stacks, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now... and Stacks wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of the S&P 500 since 2002*. See the 10 stocks *Stock Advisor returns as of January 29, 2024 RJ Fultonhas positions in Bitcoin, Ethereum, and Stacks. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Microsoft. The Motley Fool has adisclosure policy. Missed Out On Ethereum? Buy This Crypto Nowwas originally published by The Motley Fool... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['• Stocks surged on Wednesday as the Fed affirmed its outlook for three rate cuts later this year.\n• Major indexes rose, with the S&P 500 surpassing 5,200 for the first time ever.\n• Investors are ramping up bets that the Fed could issue its first rate cut by June.\nUS stocks surged on Wednesday, with the S&P 500 notching a fresh record as investors took in the Federal Reserve\'s latest policy guidance on rate cuts to come this year.\nThe S&P 500 closed above 5,200 for the first time and the Dow Jones Industrial Average soared almost 400 points to notch a new all-time high. The Nasdaq Composite ended more than 1% higher.\nFed officials kept interest rates steady at 5.25%-5.5%, as markets had been broadly anticipating.\nOfficials also reiterated guidance via the dot plot that three 25 basis-point rate cuts could come later in 2024, assuming inflation continues its downward path.\n"We are strongly committed to returning inflation to our 2% objective," Fed Chair Jerome Powell said in prepared remarks Wednesday afternoon. "As labor market tightness has eased and progress on inflation has continued, the risk to achieving our employment and inflation goals are coming into better balance," he later added.\nInvestorsramped up their betsfollowing the meeting that the Fed could issue the first rate cut by mid-year. Markets are now pricing in a 73% chance the Fed could cut rates at least once by the end of June, according to theCME FedWatch tool.\n"The FOMC has stuck to its view that the underlying inflation picture is improving, notwithstanding the disappointing numbers in the past two months," Ian Shepherdson, the chief economist of Pantheon Macroeconomics, said in a note on Wednesday. "We are encouraged by policymakers\' decision to stick with three rate cuts this year and to forecast a markedly slower run rate in core inflation across the remainder of the year."\n"The immediate market reaction is the relief we were expecting," Bryce Doty, the vice president of Sit Investments Associates, added in a note. "It\'s good to see the Fed understands it can cut rates while still being tough on inflation given that the real fed fund rate will still be considered very restrictive."\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Wednesday:\n• S&P 500: 5,224.62, up 0.89%\n• Dow Jones Industrial Average: 39,512.13, up 1.03% (+401.37 points)\n• Nasdaq Composite: 16,369.41, up 1.25%\nHere\'s what else happened today:\n• The US has an 85% chance of avoiding a recessionin the next year, according to Goldman Sachs\' chief economist.\n• A sharp rise in immigrationexplains why the labor market is so loose and the housing market is so tight, JPMorgan said.\n• The mortgage rate "lock-in effect" could worsen wealth inequalityand last for years, government researchers say.\n• Redditors say they\'re not interested in Reddit\'s up-to-$748 million IPO.\n• Here arefour possible November election outcomes-- and how they will impact stocks, according to UBS.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dipped 1.95% to $81.84 a barrel.Brent crude, the international benchmark, dropped 1.4% to $86.15 a barrel.\n• Goldtraded about flat at $2,158.66 per ounce.\n• The 10-year Treasury yield fell one basis point to 4.281%.\n• Bitcoinrose 0.59% to $64,331.\nRead the original article onBusiness Insider', "Bitcoin's price experienced a bounce after days of downtrend, following the U.S. Federal Reserve's decision to maintain interest rates at their current level. As anticipated by analysts, the Federal Open Market Committee (FOMC) chose to keep the benchmark federal funds rate within the range of 5.25% to 5.50%, marking the first pause in rate adjustments in 2024.\nThe central bankaffirmedits commitment to maintaining the target range for the federal funds rate, citing its goals and the need for greater confidence in sustainable inflation movement before considering a rate reduction.\nDuring the FOMC, the Federal Reserve recognized the strength of job gains and the low unemployment rate, although it acknowledged that inflation, while eased over the past year, remained elevated. The committee aims to achieve maximum employment and a 2% inflation rate in the long run. Market expectations, as indicated by the CME FedWatch Tool, now anticipate at least one rate cut by the FOMC meeting on July 31, with rates potentially 50 to 100 basis points lower by the end of 2024.\nFollowing the FOMC meeting,Bitcoin (BTC)gained 7.7% over the past 24 hours, reaching $67,700. Despite surpassing previous all-time highs, BTC fell by 7.2% over the past week, after outflows from spot Bitcoin ETFs and higher-than-expected inflation data pushed the price down to $61,000.", "Bitcoin's price experienced a bounce after days of downtrend, following the U.S. Federal Reserve's decision to maintain interest rates at their current level. As anticipated by analysts, the Federal Open Market Committee (FOMC) chose to keep the benchmark federal funds rate within the range of 5.25% to 5.50%, marking the first pause in rate adjustments in 2024.\nThe central bankaffirmedits commitment to maintaining the target range for the federal funds rate, citing its goals and the need for greater confidence in sustainable inflation movement before considering a rate reduction.\nDuring the FOMC, the Federal Reserve recognized the strength of job gains and the low unemployment rate, although it acknowledged that inflation, while eased over the past year, remained elevated. The committee aims to achieve maximum employment and a 2% inflation rate in the long run. Market expectations, as indicated by the CME FedWatch Tool, now anticipate at least one rate cut by the FOMC meeting on July 31, with rates potentially 50 to 100 basis points lower by the end of 2024.\nFollowing the FOMC meeting,Bitcoin (BTC)gained 7.7% over the past 24 hours, reaching $67,700. Despite surpassing previous all-time highs, BTC fell by 7.2% over the past week, after outflows from spot Bitcoin ETFs and higher-than-expected inflation data pushed the price down to $61,000.", 'Blockchain analysts discovered one of BlackRock’swalletsafter a deposit of $100 million inUSD Coin (USDC)on the Ethereum blockchain, coinciding with thefirm\'s filing to offer the BlackRock USD Institutional Digital Liquidity Fundin partnership with asset tokenization firm Securitize.\nThis led to crypto users sending approximately 40 different coins and 25 NFTs to the wallet associated with BlackRock. Notably, the wallet also received 500,000unshETHing_Token (USH)and 10,000Realio Network (RIO)tokens, which hold respective values of $13,400 and $12,300. The asset manager\'s wallet also received significant amounts ofMog Coin (Mog)and notable NFTs like Chungos and KaijuKingz. The wallet now holds at least $40,000 worth of memecoins and non-fungible tokens (NFTs).\nThe BlackRock wallet initially made a $200 USDC deposit on March 5, followed by a $10 test deposit on March 15. Shortly after, a deposit of $99,999,960 was recorded. BlackRock\'s CEO, Larry Fink, has undergone a notable shift in his stance on Bitcoin and the blockchain industry. Previously, he referred to Bitcoin as an "index of money laundering" in 2017. However,Fink recently expressed his belief that the future involves the tokenization of all financial assetson a single general ledger.\nThe BlackRock USD Institutional Digital Liquidity Fund, tickered as "BUIDL," will enable eligible investors to earn U.S. dollar yields by subscribing to the fund through Securitize Markets, LLC.', "Bitcoin (BTC)has witnessed a significant rally in 2024, starting the year at $42,208 and surging to a new all-time high of $73,737 on March 14. However, as the Bitcoin halving approaches in just one month, the price of BTC has experienced a retracement of over 16%, despite reaching a new all-time high earlier this month.\nIn aninterviewwith CoinTelegraph, Samson Mow, the CEO of Jan3, a technology company focused on expanding Bitcoin access globally, has long predicted a strong upward price momentum for Bitcoin. Mow remains confident that Bitcoin will surpass its previous all-time high, stating that it is likely to reach $100,000 before the Bitcoin halving. He attributes this prediction to the voracious demand from exchange-traded funds (ETFs) that consume approximately 7,000 coins per day, highlighting the scarcity of available coins.\nWhen asked about the relationship between Bitcoin and the broader crypto market, Mow believes that Bitcoin will eventually decouple from other cryptocurrencies due to the massive inflows from ETFs. With daily inflows ranging between $500 million to $1 billion, Bitcoin benefits from a vast pool of capital that other cryptocurrencies lack. While smaller cryptocurrencies may track Bitcoin's performance for a certain period due to their lower liquidity, Mow believes they will eventually lose momentum and be left behind.\nMow also points out the common occurrence of founders and insiders propping up the prices of other cryptocurrencies before ultimately buying Bitcoin, leaving retail buyers holding the bag. The Bitcoin halving is expected to occur on April 20, in about a month from now. Historically, the price of Bitcoin has rallied significantly following the halving.", "Bitcoin (BTC)has witnessed a significant rally in 2024, starting the year at $42,208 and surging to a new all-time high of $73,737 on March 14. However, as the Bitcoin halving approaches in just one month, the price of BTC has experienced a retracement of over 16%, despite reaching a new all-time high earlier this month.\nIn aninterviewwith CoinTelegraph, Samson Mow, the CEO of Jan3, a technology company focused on expanding Bitcoin access globally, has long predicted a strong upward price momentum for Bitcoin. Mow remains confident that Bitcoin will surpass its previous all-time high, stating that it is likely to reach $100,000 before the Bitcoin halving. He attributes this prediction to the **Last 60 Days of Bitcoin's Closing Prices:** [41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-21 **Financial & Commodity Data:** - Gold Closing Price: $2182.40 - Crude Oil Closing Price: $81.07 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,308,068,719,850 - Hash Rate: 500768807.8908293 - Transaction Count: 327642.0 - Unique Addresses: 611408.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.78 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Solana has been hot as of late. The project has seen a rebound since late 2022 when FTX collapsed. It is nearing previous highs set in 2021, driven by a variety of interesting projects on the chain. The chain supports protocols ranging from AI projects to novel staking programs. However, perhaps the most popular among all of these projects has been meme coins. Solana was not known for meme coins until recently. Tokens such as Bonk (BONK), dogwifhat (WIF) and MAGA Coin (TRUMP) rose to stardom and have attracted billions in investment. Don't Miss: • If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today. • About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today? However, a new batch of tokens may be taking over, using a new and unique method of token allocation called a presale. BOOK OF MEME (BOME) has overtaken the crypto scene with huge price increases. A presale works when investors send tokens to a wallet address that allocates a certain amount of tokens based on the amount of initial investment. The process is risky from multiple standpoints. Traders have no guarantee that sending money to the wallet will result in eventually receiving tokens. The process could be a scam in which investors send money to a wallet and never get any tokens in exchange. Additionally, the amount of tokens you receive back from the presale could vary from the initial amount. While this could work in your favor, it is a risk. However, these risks did not seem to sway investors at all. According to on-chain dataposted on X, individual investors threw tens of thousands of dollars into the BOME presale. The token was created by the anonymousDarkfarms1, who amassed a huge following on X by posting photos of the Pepe meme and advertising the BOME token. The hype allowed the project to attract around $4 million in presale investment, and the project began trading on March 14, 2024. Within 3 days, the project's initial market cap of $4 million rose to $1.5 billion. The increase of over 37,000% made millionaires along the way. Sundayfunday.sol, a close friend of the creator of BOME, invested 420.49 SOL tokens, worth $72,000 at the time. The investment paid off, reaching a peak of over $30 million in 72 hours, according to blockchain analytics companyLookonchain. According to the post, sundayfunday.sol sold around $3.66 million BOME, leaving over $26 million. The wallet then used some of those holdings to buy a handful of other Solana meme coins.As it stands right now, the wallet holds around 20,000 SOL tokens, worth $4 million, and 32 different meme coins worth $16 million. An investment of $250 in BOME at launch would have been worth over $93,000 at its peak. A $2,700 initial investment would have been worth over $1 million. Read Next: • Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast. • Bitcoin has jumped another 45% already this year –how much would you need to get started today? "ACTIVE INVESTORS' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now! Get the latest stock analysis from Benzinga? This articlePresale Investors In Solana Memecoin Turned $250 Into $90,000+ Last Weekoriginally appeared onBenzinga.com © 2024 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.
63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65
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:** ['• Stocks surged on Wednesday as the Fed affirmed its outlook for three rate cuts later this year.\n• Major indexes rose, with the S&P 500 surpassing 5,200 for the first time ever.\n• Investors are ramping up bets that the Fed could issue its first rate cut by June.\nUS stocks surged on Wednesday, with the S&P 500 notching a fresh record as investors took in the Federal Reserve\'s latest policy guidance on rate cuts to come this year.\nThe S&P 500 closed above 5,200 for the first time and the Dow Jones Industrial Average soared almost 400 points to notch a new all-time high. The Nasdaq Composite ended more than 1% higher.\nFed officials kept interest rates steady at 5.25%-5.5%, as markets had been broadly anticipating.\nOfficials also reiterated guidance via the dot plot that three 25 basis-point rate cuts could come later in 2024, assuming inflation continues its downward path.\n"We are strongly committed to returning inflation to our 2% objective," Fed Chair Jerome Powell said in prepared remarks Wednesday afternoon. "As labor market tightness has eased and progress on inflation has continued, the risk to achieving our employment and inflation goals are coming into better balance," he later added.\nInvestorsramped up their betsfollowing the meeting that the Fed could issue the first rate cut by mid-year. Markets are now pricing in a 73% chance the Fed could cut rates at least once by the end of June, according to theCME FedWatch tool.\n"The FOMC has stuck to its view that the underlying inflation picture is improving, notwithstanding the disappointing numbers in the past two months," Ian Shepherdson, the chief economist of Pantheon Macroeconomics, said in a note on Wednesday. "We are encouraged by policymakers\' decision to stick with three rate cuts this year and to forecast a markedly slower run rate in core inflation across the remainder of the year."\n"The immediate market reaction is the relief we were expecting," Bryce Doty, the vice president of Sit Investments Associates, added in a note. "It\'s good to see the Fed understands it can cut rates while still being tough on inflation given that the real fed fund rate will still be considered very restrictive."\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Wednesday:\n• S&P 500: 5,224.62, up 0.89%\n• Dow Jones Industrial Average: 39,512.13, up 1.03% (+401.37 points)\n• Nasdaq Composite: 16,369.41, up 1.25%\nHere\'s what else happened today:\n• The US has an 85% chance of avoiding a recessionin the next year, according to Goldman Sachs\' chief economist.\n• A sharp rise in immigrationexplains why the labor market is so loose and the housing market is so tight, JPMorgan said.\n• The mortgage rate "lock-in effect" could worsen wealth inequalityand last for years, government researchers say.\n• Redditors say they\'re not interested in Reddit\'s up-to-$748 million IPO.\n• Here arefour possible November election outcomes-- and how they will impact stocks, according to UBS.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dipped 1.95% to $81.84 a barrel.Brent crude, the international benchmark, dropped 1.4% to $86.15 a barrel.\n• Goldtraded about flat at $2,158.66 per ounce.\n• The 10-year Treasury yield fell one basis point to 4.281%.\n• Bitcoinrose 0.59% to $64,331.\nRead the original article onBusiness Insider', "Bitcoin's price experienced a bounce after days of downtrend, following the U.S. Federal Reserve's decision to maintain interest rates at their current level. As anticipated by analysts, the Federal Open Market Committee (FOMC) chose to keep the benchmark federal funds rate within the range of 5.25% to 5.50%, marking the first pause in rate adjustments in 2024.\nThe central bankaffirmedits commitment to maintaining the target range for the federal funds rate, citing its goals and the need for greater confidence in sustainable inflation movement before considering a rate reduction.\nDuring the FOMC, the Federal Reserve recognized the strength of job gains and the low unemployment rate, although it acknowledged that inflation, while eased over the past year, remained elevated. The committee aims to achieve maximum employment and a 2% inflation rate in the long run. Market expectations, as indicated by the CME FedWatch Tool, now anticipate at least one rate cut by the FOMC meeting on July 31, with rates potentially 50 to 100 basis points lower by the end of 2024.\nFollowing the FOMC meeting,Bitcoin (BTC)gained 7.7% over the past 24 hours, reaching $67,700. Despite surpassing previous all-time highs, BTC fell by 7.2% over the past week, after outflows from spot Bitcoin ETFs and higher-than-expected inflation data pushed the price down to $61,000.", "Bitcoin's price experienced a bounce after days of downtrend, following the U.S. Federal Reserve's decision to maintain interest rates at their current level. As anticipated by analysts, the Federal Open Market Committee (FOMC) chose to keep the benchmark federal funds rate within the range of 5.25% to 5.50%, marking the first pause in rate adjustments in 2024.\nThe central bankaffirmedits commitment to maintaining the target range for the federal funds rate, citing its goals and the need for greater confidence in sustainable inflation movement before considering a rate reduction.\nDuring the FOMC, the Federal Reserve recognized the strength of job gains and the low unemployment rate, although it acknowledged that inflation, while eased over the past year, remained elevated. The committee aims to achieve maximum employment and a 2% inflation rate in the long run. Market expectations, as indicated by the CME FedWatch Tool, now anticipate at least one rate cut by the FOMC meeting on July 31, with rates potentially 50 to 100 basis points lower by the end of 2024.\nFollowing the FOMC meeting,Bitcoin (BTC)gained 7.7% over the past 24 hours, reaching $67,700. Despite surpassing previous all-time highs, BTC fell by 7.2% over the past week, after outflows from spot Bitcoin ETFs and higher-than-expected inflation data pushed the price down to $61,000.", 'Blockchain analysts discovered one of BlackRock’swalletsafter a deposit of $100 million inUSD Coin (USDC)on the Ethereum blockchain, coinciding with thefirm\'s filing to offer the BlackRock USD Institutional Digital Liquidity Fundin partnership with asset tokenization firm Securitize.\nThis led to crypto users sending approximately 40 different coins and 25 NFTs to the wallet associated with BlackRock. Notably, the wallet also received 500,000unshETHing_Token (USH)and 10,000Realio Network (RIO)tokens, which hold respective values of $13,400 and $12,300. The asset manager\'s wallet also received significant amounts ofMog Coin (Mog)and notable NFTs like Chungos and KaijuKingz. The wallet now holds at least $40,000 worth of memecoins and non-fungible tokens (NFTs).\nThe BlackRock wallet initially made a $200 USDC deposit on March 5, followed by a $10 test deposit on March 15. Shortly after, a deposit of $99,999,960 was recorded. BlackRock\'s CEO, Larry Fink, has undergone a notable shift in his stance on Bitcoin and the blockchain industry. Previously, he referred to Bitcoin as an "index of money laundering" in 2017. However,Fink recently expressed his belief that the future involves the tokenization of all financial assetson a single general ledger.\nThe BlackRock USD Institutional Digital Liquidity Fund, tickered as "BUIDL," will enable eligible investors to earn U.S. dollar yields by subscribing to the fund through Securitize Markets, LLC.', "Bitcoin (BTC)has witnessed a significant rally in 2024, starting the year at $42,208 and surging to a new all-time high of $73,737 on March 14. However, as the Bitcoin halving approaches in just one month, the price of BTC has experienced a retracement of over 16%, despite reaching a new all-time high earlier this month.\nIn aninterviewwith CoinTelegraph, Samson Mow, the CEO of Jan3, a technology company focused on expanding Bitcoin access globally, has long predicted a strong upward price momentum for Bitcoin. Mow remains confident that Bitcoin will surpass its previous all-time high, stating that it is likely to reach $100,000 before the Bitcoin halving. He attributes this prediction to the voracious demand from exchange-traded funds (ETFs) that consume approximately 7,000 coins per day, highlighting the scarcity of available coins.\nWhen asked about the relationship between Bitcoin and the broader crypto market, Mow believes that Bitcoin will eventually decouple from other cryptocurrencies due to the massive inflows from ETFs. With daily inflows ranging between $500 million to $1 billion, Bitcoin benefits from a vast pool of capital that other cryptocurrencies lack. While smaller cryptocurrencies may track Bitcoin's performance for a certain period due to their lower liquidity, Mow believes they will eventually lose momentum and be left behind.\nMow also points out the common occurrence of founders and insiders propping up the prices of other cryptocurrencies before ultimately buying Bitcoin, leaving retail buyers holding the bag. The Bitcoin halving is expected to occur on April 20, in about a month from now. Historically, the price of Bitcoin has rallied significantly following the halving.", "Bitcoin (BTC)has witnessed a significant rally in 2024, starting the year at $42,208 and surging to a new all-time high of $73,737 on March 14. However, as the Bitcoin halving approaches in just one month, the price of BTC has experienced a retracement of over 16%, despite reaching a new all-time high earlier this month.\nIn aninterviewwith CoinTelegraph, Samson Mow, the CEO of Jan3, a technology company focused on expanding Bitcoin access globally, has long predicted a strong upward price momentum for Bitcoin. Mow remains confident that Bitcoin will surpass its previous all-time high, stating that it is likely to reach $100,000 before the Bitcoin halving. He attributes this prediction to the **Last 60 Days of Bitcoin's Closing Prices:** [41545.79, 39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-21 **Financial & Commodity Data:** - Gold Closing Price: $2182.40 - Crude Oil Closing Price: $81.07 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,308,068,719,850 - Hash Rate: 500768807.8908293 - Transaction Count: 327642.0 - Unique Addresses: 611408.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.78 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Solana has been hot as of late. The project has seen a rebound since late 2022 when FTX collapsed. It is nearing previous highs set in 2021, driven by a variety of interesting projects on the chain. The chain supports protocols ranging from AI projects to novel staking programs. However, perhaps the most popular among all of these projects has been meme coins. Solana was not known for meme coins until recently. Tokens such as Bonk (BONK), dogwifhat (WIF) and MAGA Coin (TRUMP) rose to stardom and have attracted billions in investment. Don't Miss: • If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today. • About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today? However, a new batch of tokens may be taking over, using a new and unique method of token allocation called a presale. BOOK OF MEME (BOME) has overtaken the crypto scene with huge price increases. A presale works when investors send tokens to a wallet address that allocates a certain amount of tokens based on the amount of initial investment. The process is risky from multiple standpoints. Traders have no guarantee that sending money to the wallet will result in eventually receiving tokens. The process could be a scam in which investors send money to a wallet and never get any tokens in exchange. Additionally, the amount of tokens you receive back from the presale could vary from the initial amount. While this could work in your favor, it is a risk. However, these risks did not seem to sway investors at all. According to on-chain dataposted on X, individual investors threw tens of thousands of dollars into the BOME presale. The token was created by the anonymousDarkfarms1, who amassed a huge following on X by posting photos of the Pepe meme and advertising the BOME token. The hype allowed the project to attract around $4 million in presale investment, and the project began trading on March 14, 2024. Within 3 days, the project's initial market cap of $4 million rose to $1.5 billion. The increase of over 37,000% made millionaires along the way. Sundayfunday.sol, a close friend of the creator of BOME, invested 420.49 SOL tokens, worth $72,000 at the time. The investment paid off, reaching a peak of over $30 million in 72 hours, according to blockchain analytics companyLookonchain. According to the post, sundayfunday.sol sold around $3.66 million BOME, leaving over $26 million. The wallet then used some of those holdings to buy a handful of other Solana meme coins.As it stands right now, the wallet holds around 20,000 SOL tokens, worth $4 million, and 32 different meme coins worth $16 million. An investment of $250 in BOME at launch would have been worth over $93,000 at its peak. A $2,700 initial investment would have been worth over $1 million. Read Next: • Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast. • Bitcoin has jumped another 45% already this year –how much would you need to get started today? "ACTIVE INVESTORS' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now! Get the latest stock analysis from Benzinga? This articlePresale Investors In Solana Memecoin Turned $250 Into $90,000+ Last Weekoriginally appeared onBenzinga.com © 2024 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. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['By Tom Westbrook SINGAPORE, March 22 (Reuters) - The U.S. dollar was set for a second week of broad gains on Friday, with even a rate hike in Japan unable to dislodge it, as investors figure U.S. rates are high and not falling yet. The Swiss National Bank delivered the biggest surprise of a week crammed with central bank meetings, cutting its main interest rate and citing the strength of the franc as a reason. The franc, which in real terms has been rising for years, dropped more than 1% overnight to 0.8894 per dollar, its weakest in four months, and slid to a nine-month low on the euro nudging it closer to parity. The Bank of Japan announced an historic shift out of negative short-term rates and longer-run yield caps, but it was so well telegraphed that the yen fell on the news and was last a whisker from multi-year lows at 151.63 per dollar. The U.S. Federal Reserve left its funds rate on hold between 5.25% and 5.5% this week and stuck with projections for three cuts by year\'s end. But it said it will not start moving until it has more confidence that inflation is sustainably falling toward 2%. Market expectations for U.S. rate cuts increased after that but only very slightly. About 80 basis points of cuts are now priced in for this year - much lower than the 160 or so that had been priced in at the start of the year. "With this tweaking and pricing out of the number of Fed cuts, we see the dollar support slowly beginning to come back into the picture," said Patrick Hu, G10 currency trader at Citi. "This is one of the key factors in why dollar/yen did not fall but it actually started to trickle higher." Dollar/yen is up 1.6% this week and near levels that prompted Japanese intervention in 2022, which has investors nervous but also looking for other currencies to buy and pocket the "carry", or difference between interest rates. Euro/yen hit its highest since 2008 this week at 165.37 and the Aussie broke above 100 yen for the first time since 2014. Against the dollar the euro has slipped about 0.2% this week into middle of a range it has held for a year at $1.0862. Sterling fell overnight after the Bank of England left interest rates unchanged, this time backed by the two hawkish committee members who\'d previously voted for a hike. For the week sterling is down 0.6% at $1.2661. The Australian and New Zealand dollars moved in opposite directions this week. Thursday data showed New Zealand slipped into a technical recession, while Australian jobs surged ahead. The Aussie/kiwi cross is up 0.8% this week. The Australian dollar has eked a 0.2% gain on the U.S. dollar to $0.6572 for the week, while the kiwi has plumbed four-month lows and lost about 0.6% to $0.6046. The U.S. dollar index is up for a second week in a row, climbing 0.5% to 103.94. Bitcoin is eyeing its sharpest weekly drop since January as crypto markets have taken a step back from a powerful rally this week - though it will trade through until Sunday. It was last at $65,800. Other morning moves in Asia were slight. The yen had no major reaction to mixed Japanese inflation data. Retail sales figures in Britain and Canada are due later in the day. ======================================================== Currency bid prices at 0100 GMT Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Euro/Dollar $1.0865 $1.0860 +0.05% +0.00% +1.0868 +1.0861 Dollar/Yen 151.5250 151.6350 -0.07% +0.00% +151.6900 +151.4500 Euro/Yen 164.63 164.63 +0.00% +0.00% +164.7700 +164.5700 Dollar/Swiss 0.8975 0.8977 -0.02% +0.00% +0.8979 +0.8971 Sterling/Dollar 1.2672 1.2660 +0.10% +0.00% +1.2674 +1.2656 Dollar/Canadian 1.3524 1.3530 -0.04% +0.00% +1.3531 +1.3520 Aussie/Dollar 0.6574 0.6569 +0.08% +0.00% +0.6577 +0.6570 NZ Dollar/Dollar 0.6049 0.6045 +0.07% +0.00% +0.6052 +0.6046 All spots Tokyo spots Europe spots Volatilities Tokyo Forex market info from BOJ (Reporting by Tom Westbrook; Editing by Muralikumar Anantharaman)', 'The First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSEARCA:CRPT) has been red hot, riding the crypto bull market to a scorching 196.1% gain over the past year.\xa0However, while the ETF deserves credit for this standout performance, I’m bearish on it for now and steering clear because of two red flags that lurk beneath the surface — its extreme exposure to a pair of volatile stocks and its high expense ratio.\nBefore taking a look at the concerns, let’s briefly review CRPT’s strategy.According to fund sponsor First Trust, CRPT “is designed to provide exposure to companies that SkyBridge views as firms that are driving cryptocurrency, crypto assets and digital economies related innovation.”\nThe fund launched in September 2021 and has $51.7 million in assets under management (AUM).\nCRPT invests in companies from all facets of the crypto landscape. This includes crypto exchanges like Coinbase (NASDAQ:COIN), Bitcoin (BTC-USD) miners like Marathon Digital (NASDAQ:MARA) and Riot Platforms (NASDAQ:RIOT), andsemiconductor stockslike Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD) (whose Graphic process unit chips are used by miners to mine Bitcoin).\nIt even includes the big tech giants like Meta Platforms (NASDAQ:META) and Alphabet (NASDAQ:GOOGL), who have various irons in the fire when it comes to crypto, even though it certainly isn’t a major part of their respective businesses.\nI’d actually say that CRPT does a pretty good job of covering all bases and casting a wide net when it comes to investing in companies that are involved in crypto. The issue isn’t really what it is investing in, it’s more about how much it is investing in some of its holdings, as we’ll discuss below.\nCRPT owns 31 stocks, and its top 10 holdings make up an incredibly high 91.5% of assets, so this is an extremely concentrated ETF.\nBelow, you’ll find an overview ofCRPT’s top 10 holdingsusing TipRanks’ Holdings Tool.\nNot only do the fund’s top 10 holdings make up over 90% of its assets, but just the top two holdings, Coinbase and Microstrategy (NASDAQ:MSTR), account for a whopping 44.7% of the fund.\nTo be fair, Coinbase and Microstrategy have been great stocks over the past year, as rising crypto prices have driven their shares significantly higher. Coinbase is up 205.8% over the past year, and MicroStrategy is up 465.7%.\nWhile they have performed well, investors should note that these are still extremely volatile stocks that typically fall significantly when the price of Bitcoin is down.\nTipRanks’ Smart Score System isn’t enthused about either of these stocks, giving Coinbase an Underperform-equivalent Smart Score of 2 and MicroStrategy a Neutral-equivalent Smart Score of 4. TheSmart Scoreis a proprietary quantitative stock scoring system created by TipRanks. It gives stocks a score from 1 to 10 based on eight market factors.\nWe are in the midst of a crypto bull market, so it’s easy to forget it now, but it wasn’t long ago that these stocks performed poorly as crypto prices tanked in 2022, causing CRPT to fall 80.8% that year.\nWhen the crypto market is humming along, CRPT is going to do well, but the next time it slumps, investors may need to run for cover.\nZooming out a bit further, not only is over 44% of the fund in just these top two holdings, but 78.4% is devoted to just its top five holdings, which include volatile Bitcoin mining stocks. There’s simply no way around the fact that this is an extreme amount of concentration in just a few stocks, and volatile ones at that.\nMy other concern about CRPT is that it is an expensive ETF with an expense ratio of 0.85%. This is significantly higher than the average expense ratio for all ETFs, which currently sits at 0.57%. This 0.85% expense ratio means that an investor will pay $85 in fees on a $10,000 investment annually.\nThese fees can really add up over time. For example, if the fund returns 5% annually going forward and maintains its current expense ratio, an investor putting $10,000 into the fund will pay a whopping $1,049 in fees over 10 years. Paying high fees like this can take a bite out of the principal of one’s portfolio over time, so it’s always important for investors to be mindful of fees.\nIf the ETF keeps performing well, as it has over the past year, most investors will not mind paying the high fee. But if the ETF performs poorly again, as it did in 2022, these high fees add insult to injury.\nTurning to Wall Street, CRPT earns a Moderate Buy consensus rating based on\xa027 Buys, five Holds, and zero Sell ratings assigned in the past three months. Theaverage CRPT stock price targetof $15.56 implies 11.6% upside potential.\nCRPT deserves a lot of credit for its strong performance over the past year. While I’m bullish on the crypto market in general (and the ETF could continue to do well for a while if crypto prices keep rising), I’m bearish on CRPT overall, given its massive position in just two volatile stocks with underwhelming Smart Scores: Coinbase and MicroStrategy. This leaves investors with a lot of potential downside exposure.\nFurthermore, the fund is very costly, with a well-above-average expense ratio of 0.85%.\nThe fund has performed well over the past year, but it was also down more than 80% in 2022 when crypto prices were in a prolonged downtrend, so investors should be mindful of this.\nInvestors have plenty of other options for gaining exposure to the crypto space. They can invest directly in cryptocurrencies like Bitcoin and Ethereum (ETH-USD) or invest in Bitcoin through one of the many newlow-cost Bitcoin ETFslike BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) or ARK Invest’s ARK 21Shares Bitcoin ETF (BATS:ARKB), which feature fees that are a fraction of CRPT’s. In fact, many of these ETFs are waiving their fees for the time being as they compete to draw in funds, which behooves investors.\nFor those who want to specifically invest in the types of crypto-involved stocks that CRPT invests in, there are lower-cost options tha **Last 60 Days of Bitcoin's Closing Prices:** [39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-22 **Financial & Commodity Data:** - Gold Closing Price: $2158.10 - Crude Oil Closing Price: $80.63 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,232,876,382,938 - Hash Rate: 563364908.877183 - Transaction Count: 339533.0 - Unique Addresses: 679058.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- French farmers said they will gradually extend protests across the country until the government responds to their concerns over rising costs and bureaucracy. Most Read from Bloomberg China Weighs Stock Market Rescue Package Backed by $278 Billion India Tops Hong Kong as World’s Fourth-Largest Stock Market Netflix Pays $5 Billion for ‘Raw’ in Bet on Live Events An Isolated Israel Doubles Down on War in Gaza — At All Costs Hong Kong Stocks at 36% Discount Show True Depth of China Gloom “Every minute, we’re hearing that new blockades are being set up,” Arnaud Rousseau, the head of the FNSEA farming union, said on RMC radio on Tuesday. “It can last a day, it can last a week, it can last as long as necessary for answers to be provided.” The farmers are demanding financial support to offset the cost of European Union environmental rules and competition from cheaper imports. They are also struggling with the impact of inflation on energy and fuel prices. Farmers have blocked a highway in southwestern France since late last week. Disruption has now extended to a second highway in the southeast. The protests in France echo similar tensions across the region, including in Germany and the Netherlands, over the paring back of subsidies and the approval of European laws to protect the environment. Far-right parties have latched onto such issues and are using them in their messaging ahead of European Parliament elections set for June. In Paris, union leaders held talks with newly appointed Prime Minister Gabriel Attal and Agriculture Minister Marc Fesneau for about two hours late Monday, after which both sides said they agreed on the diagnosis of the issues facing the industry. “We have to listen, collectively, to the anger that’s being expressed,” Fesneau told reporters after the meeting. “And then we have to try to provide answers very quickly, and that’s what’s at stake in the coming days.” He said some measures would be announced this week. Story continues Speaking shortly before the minister, Rousseau called for measures on issues including prices, commercial negotiations with retailers and the food industry, and fuel taxes. He added that changes are also needed at the European level and urged French President Emmanuel Macron to step in. “I want to reiterate how urgent it is for France to take decisions quickly to give prospects again” to the country’s 400,000 farmers, Rousseau told RMC. European Commission President Ursula von der Leyen is set to kick off meetings with the agricultural sector this week in an attempt to placate farmers’ anger over green policies and subsidy cuts that are putting pressure on the industry, according to people familiar with the matter. The EU has spent €2.5 billion ($2.7 billion) on crisis-related measures to support farmers since 2014 and has allocated more than €260 billion to its massive agricultural fund for the 2023-2027 period, around one-third of the common EU budget French agricultural production, excluding subsidies, totaled €95.5 billion last year, according to statistics agency Insee. Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Should I Tell My Colleagues (or My Boss) About My Bipolar Diagnosis? ©2024 Bloomberg L.P.... - Reddit Posts (Sample): [['u/shafiul2', 'Still bullish on BONE? ', 10, '2024-03-22 00:09', 'https://www.reddit.com/r/BONETOKENS/comments/1bkkgzk/still_bullish_on_bone/', 'Part of me still is and will probably wait afew more months after BTC halving and then re-evaluate. ', 'https://www.reddit.com/r/BONETOKENS/comments/1bkkgzk/still_bullish_on_bone/', '1bkkgzk', [['u/Sir_Spudsingt0n', 12, '2024-03-22 00:17', 'https://www.reddit.com/r/BONETOKENS/comments/1bkkgzk/still_bullish_on_bone/kvys1q9/', 'Holding without a doubt.', '1bkkgzk']]], ['u/gonnadeleteso', "I've seen the light, moving some btc into bch", 37, '2024-03-22 00:22', 'https://www.reddit.com/r/btc/comments/1bkkrpq/ive_seen_the_light_moving_some_btc_into_bch/', "&#x200B;\n\nhttps://preview.redd.it/cfovrxgttrpc1.png?width=1227&format=png&auto=webp&s=80e4e610b4e78ee229681197d3e4862c4544ae16\n\nLN doesn't work, wasted all of our time.", 'https://www.reddit.com/r/btc/comments/1bkkrpq/ive_seen_the_light_moving_some_btc_into_bch/', '1bkkrpq', [['u/fiendishcrypto', 14, '2024-03-22 00:35', 'https://www.reddit.com/r/btc/comments/1bkkrpq/ive_seen_the_light_moving_some_btc_into_bch/kvyv12h/', 'Smart move! And with each day CBDCs get closer, the move will only seem smarter. 💪', '1bkkrpq'], ['u/rareinvoices', 10, '2024-03-22 01:12', 'https://www.reddit.com/r/btc/comments/1bkkrpq/ive_seen_the_light_moving_some_btc_into_bch/kvz117n/', 'So you would be angry if some people decide to store some BCH on an ETF. Because you get to decide how all BCH should be controlled. TY CEO of BCH.', '1bkkrpq']]], ['u/GallopingGazelle1', 'Price suppressed from ongoing supply releases? ', 39, '2024-03-22 00:33', 'https://www.reddit.com/r/XRP/comments/1bkl0hw/price_suppressed_from_ongoing_supply_releases/', 'As an XRP hodler (and believer of its utility), can someone please help me better understand Ripple’s ongoing XRP supply release from escrow? How are we supposed to see meaningful price appreciation based on the amount of supply that continues to be released? \n\nFrom my understanding, only 55% of XRP’s supply cap has been released. Periodically, supply continues to be released from escrow and we should have all supply circulating around 2027 (please correct me if I’m wrong). So, the only way it seems like we’ll have price appreciation is if adoption and demand far exceeds how much we are releasing. In other words, XRP is challenged both on supply and demand….whereas, Bitcoin (for instance) is only challenged on the demand side at this point (with nearly 95% if all possible Bitcoin is already in circulation and the last 5% of supply being released much much more slowly than Ripple’s XRP supply release velocity). ', 'https://www.reddit.com/r/XRP/comments/1bkl0hw/price_suppressed_from_ongoing_supply_releases/', '1bkl0hw', [['u/EmotionalGraveyard', 13, '2024-03-22 00:50', 'https://www.reddit.com/r/XRP/comments/1bkl0hw/price_suppressed_from_ongoing_supply_releases/kvyxhfx/', 'Couple of things:\n\nFirst of all, it’s a little more complicated than what you’re describing, but you’re right in principle. Thing is, when the 1 billion is released each month, it doesn’t instantly flood the market. A majority - if not all - of it is held. Theoretically though it *could* be sold, if it’s holders a wanted to. But that and that alone is not really responsible for the price level.\n\nSecond - market cap is wildly misunderstood but there are charts that measure market caps of assets instead of asset price. They do this (among other reasons) to more accurately consider how an asset is doing in the face of increasing supply. Here is a link to the market cap chart for XRP. \n\nhttps://www.tradingview.com/chart/m5khe8w2/?symbol=CRYPTOCAP%3AXRP', '1bkl0hw'], ['u/darthnugget', 16, '2024-03-22 00:57', 'https://www.reddit.com/r/XRP/comments/1bkl0hw/price_suppressed_from_ongoing_supply_releases/kvyyl74/', "XRP price will increase with it's utility. If I had to guess it would ramp up by 2030. Been holding since 2017.", '1bkl0hw']]], ['u/assouanasanaw', 'Gambling and taxes', 87, '2024-03-22 01:18', 'https://www.reddit.com/r/newzealand/comments/1bkm0cq/gambling_and_taxes/', "Hi guys\n\nI saw another post about this last week but I've lost it so I wanted to start a new discussion (I swear I used the search bar!!)\n\nI bought $100 of crypto last year from EasyCrypto and used it to play on Stake for the last 6 months. I won various amounts and lost various amounts (with the same $100) and today I won enough money that I am looking to withdraw and I want to know how I do this from a taxation point of view.\n\nRight now the won Bitcoin is sitting in my Stake account and I plan to send it to Easy Crypto and then sell it for NZD.\n\nI think this is the right way to go about it (I've been reading) but I don't know if I owe taxes on the original bitcoin purchase (it went up in value since I bought it) or the taxes on the gambling win.\n\nIt was a lot of money to me ($1200) so I am kind of worried\n\nThanks", 'https://www.reddit.com/r/newzealand/comments/1bkm0cq/gambling_and_taxes/', '1bkm0cq', [['u/Thr3e6N9ne', 18, '2024-03-22 01:26', 'https://www.reddit.com/r/newzealand/comments/1bkm0cq/gambling_and_taxes/kvz39el/', "That's not considered taxable income, don't worry.", '1bkm0cq']]], ['u/BitcoinIsTehFuture', 'NOTICE: The r/bitcoincash sub has been taken without my consent', 29, '2024-03-22 02:03', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/', 'I see some mis-information circulating about this. Here is what happened:\n\nUsers /u/ThomasZander and /u/ShadowOfHarbringer just removed me as the top moderator of r/bitcoincash, **effectively changing ownership of the sub**. I was not aware they could do this, nor do I wish they did so. I have been the top moderator of that sub since day 1 of its existence, and I guarded it against takeover and threats-- until now. I am no longer able to do this.\n\nThese two users were able to do this because of a rule change Reddit made a few months ago that I was unaware of.\n\nI had been active as a user, regularly logging in. This normally would have been enough to maintain my active status. Prior to this rule change, Reddit would only gave up a sub-reddit if the moderators were inactive *as users* for more than 90 days. I was not inactive in this way.\n\nReddit changed the rules recently to require moderators to be active with *moderator-specific actions*, which I had not taken, even though I was active as a user and logging in regularly.\n\nThis is quite disappointing. I haven\'t been able to keep up with all of the moderator rule changes that Reddit has made recently, and it has cost me my sub.\n\nRegarding another /r/bitcoincash mod, /u/althornton2462, what he is saying is true: He removed the censorship of /u/georgedonnelly that /u/ThomasZander and /u/ShadowOfHarbringer put in place. I agree with /u/althornton2462\'s action of unbanning George Donnelly. In my opinion, George should not have been banned from the sub. But regardless, this topic is being used as one of the "reasons" the takeover was "legitimate". It is a sub-topic and does not warrant the taking over of an entire sub. Don\'t let them convince you that this warrants their actions.\n\n/u/althornton2462 described what happened [here](https://www.reddit.com/r/btc/comments/1bkjrrc/comment/kvypb1p/). <-- read this\n\nAlso, for those wondering, /u/althornton2462 is *not* George Donnelly. I know this from first-hand experience as I am the one who appointed /u/althornton2462 as moderator. All accusations that he is somehow George Donnelly are ridiculous.\n\nI have served to guard the sub for 5 years and keep it in good hands, until that was taken from me today. I can no longer guarantee the security of that sub-reddit.\n\n/u/ThomasZander and /u/ShadowOfHarbringer, I would appreciate being returned to the top moderator position of [r/bitcoincash](https://www.reddit.com/r/bitcoincash/). ', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/', '1bkmy0p', [['u/MemoryDealers', 25, '2024-03-22 03:00', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kvzhvsu/', 'I respectfully request that [u/ThomasZander](https://www.reddit.com/user/ThomasZander/)\xa0and\xa0[u/ShadowOfHarbringer](https://www.reddit.com/user/ShadowOfHarbringer/) return r/bitcoincash to u/BitcoinIsTehFuture', '1bkmy0p'], ['u/rareinvoices', 14, '2024-03-22 03:00', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kvzhx7l/', '/u/althornton2462 went too rogue so he needed to go. Cant just come out of hibernation and do whatever he likes.\n\nI think you should have been left as top mod, and you guys should have voted on removing /u/althornton2462 instead. So you guys definitely need mediation now.', '1bkmy0p'], ['u/jonald_fyookball', 13, '2024-03-22 03:52', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kvzpj8t/', "Completely agree. While I don't think Zander and Shadow are or were bad actors, an attempt to take the subreddit in this way without strong reasons would strike me as misguided at best and I would be inclined to do what I could to dissuade that.", '1bkmy0p'], ['u/pyalot', 35, '2024-03-22 04:20', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kvztcou/', "u/althornton2462 accuses you of censorship in their post you claim is 100% the truth. So is it true, did you censor in r/bitcoincash?\n\nu/althornton2462 [tried to remove all mods below them](https://www.reddit.com/r/btc/comments/1bkjrrc/thomas_zander_and_shadowofharbringer_just_did_a/kvzplb0/?context=3) in r/bitcoincash, not just u/ThomasZander and u/ShadowOfHarbringer, but did not mention this in their post. They also didn't mention they took unilateral mod action right after waking up without discussion with other mods. Is telling half the truth really the truth?\n\nYou and u/althornton... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['By Tom Westbrook SINGAPORE, March 22 (Reuters) - The U.S. dollar was set for a second week of broad gains on Friday, with even a rate hike in Japan unable to dislodge it, as investors figure U.S. rates are high and not falling yet. The Swiss National Bank delivered the biggest surprise of a week crammed with central bank meetings, cutting its main interest rate and citing the strength of the franc as a reason. The franc, which in real terms has been rising for years, dropped more than 1% overnight to 0.8894 per dollar, its weakest in four months, and slid to a nine-month low on the euro nudging it closer to parity. The Bank of Japan announced an historic shift out of negative short-term rates and longer-run yield caps, but it was so well telegraphed that the yen fell on the news and was last a whisker from multi-year lows at 151.63 per dollar. The U.S. Federal Reserve left its funds rate on hold between 5.25% and 5.5% this week and stuck with projections for three cuts by year\'s end. But it said it will not start moving until it has more confidence that inflation is sustainably falling toward 2%. Market expectations for U.S. rate cuts increased after that but only very slightly. About 80 basis points of cuts are now priced in for this year - much lower than the 160 or so that had been priced in at the start of the year. "With this tweaking and pricing out of the number of Fed cuts, we see the dollar support slowly beginning to come back into the picture," said Patrick Hu, G10 currency trader at Citi. "This is one of the key factors in why dollar/yen did not fall but it actually started to trickle higher." Dollar/yen is up 1.6% this week and near levels that prompted Japanese intervention in 2022, which has investors nervous but also looking for other currencies to buy and pocket the "carry", or difference between interest rates. Euro/yen hit its highest since 2008 this week at 165.37 and the Aussie broke above 100 yen for the first time since 2014. Against the dollar the euro has slipped about 0.2% this week into middle of a range it has held for a year at $1.0862. Sterling fell overnight after the Bank of England left interest rates unchanged, this time backed by the two hawkish committee members who\'d previously voted for a hike. For the week sterling is down 0.6% at $1.2661. The Australian and New Zealand dollars moved in opposite directions this week. Thursday data showed New Zealand slipped into a technical recession, while Australian jobs surged ahead. The Aussie/kiwi cross is up 0.8% this week. The Australian dollar has eked a 0.2% gain on the U.S. dollar to $0.6572 for the week, while the kiwi has plumbed four-month lows and lost about 0.6% to $0.6046. The U.S. dollar index is up for a second week in a row, climbing 0.5% to 103.94. Bitcoin is eyeing its sharpest weekly drop since January as crypto markets have taken a step back from a powerful rally this week - though it will trade through until Sunday. It was last at $65,800. Other morning moves in Asia were slight. The yen had no major reaction to mixed Japanese inflation data. Retail sales figures in Britain and Canada are due later in the day. ======================================================== Currency bid prices at 0100 GMT Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Euro/Dollar $1.0865 $1.0860 +0.05% +0.00% +1.0868 +1.0861 Dollar/Yen 151.5250 151.6350 -0.07% +0.00% +151.6900 +151.4500 Euro/Yen 164.63 164.63 +0.00% +0.00% +164.7700 +164.5700 Dollar/Swiss 0.8975 0.8977 -0.02% +0.00% +0.8979 +0.8971 Sterling/Dollar 1.2672 1.2660 +0.10% +0.00% +1.2674 +1.2656 Dollar/Canadian 1.3524 1.3530 -0.04% +0.00% +1.3531 +1.3520 Aussie/Dollar 0.6574 0.6569 +0.08% +0.00% +0.6577 +0.6570 NZ Dollar/Dollar 0.6049 0.6045 +0.07% +0.00% +0.6052 +0.6046 All spots Tokyo spots Europe spots Volatilities Tokyo Forex market info from BOJ (Reporting by Tom Westbrook; Editing by Muralikumar Anantharaman)', 'The First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSEARCA:CRPT) has been red hot, riding the crypto bull market to a scorching 196.1% gain over the past year.\xa0However, while the ETF deserves credit for this standout performance, I’m bearish on it for now and steering clear because of two red flags that lurk beneath the surface — its extreme exposure to a pair of volatile stocks and its high expense ratio.\nBefore taking a look at the concerns, let’s briefly review CRPT’s strategy.According to fund sponsor First Trust, CRPT “is designed to provide exposure to companies that SkyBridge views as firms that are driving cryptocurrency, crypto assets and digital economies related innovation.”\nThe fund launched in September 2021 and has $51.7 million in assets under management (AUM).\nCRPT invests in companies from all facets of the crypto landscape. This includes crypto exchanges like Coinbase (NASDAQ:COIN), Bitcoin (BTC-USD) miners like Marathon Digital (NASDAQ:MARA) and Riot Platforms (NASDAQ:RIOT), andsemiconductor stockslike Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD) (whose Graphic process unit chips are used by miners to mine Bitcoin).\nIt even includes the big tech giants like Meta Platforms (NASDAQ:META) and Alphabet (NASDAQ:GOOGL), who have various irons in the fire when it comes to crypto, even though it certainly isn’t a major part of their respective businesses.\nI’d actually say that CRPT does a pretty good job of covering all bases and casting a wide net when it comes to investing in companies that are involved in crypto. The issue isn’t really what it is investing in, it’s more about how much it is investing in some of its holdings, as we’ll discuss below.\nCRPT owns 31 stocks, and its top 10 holdings make up an incredibly high 91.5% of assets, so this is an extremely concentrated ETF.\nBelow, you’ll find an overview ofCRPT’s top 10 holdingsusing TipRanks’ Holdings Tool.\nNot only do the fund’s top 10 holdings make up over 90% of its assets, but just the top two holdings, Coinbase and Microstrategy (NASDAQ:MSTR), account for a whopping 44.7% of the fund.\nTo be fair, Coinbase and Microstrategy have been great stocks over the past year, as rising crypto prices have driven their shares significantly higher. Coinbase is up 205.8% over the past year, and MicroStrategy is up 465.7%.\nWhile they have performed well, investors should note that these are still extremely volatile stocks that typically fall significantly when the price of Bitcoin is down.\nTipRanks’ Smart Score System isn’t enthused about either of these stocks, giving Coinbase an Underperform-equivalent Smart Score of 2 and MicroStrategy a Neutral-equivalent Smart Score of 4. TheSmart Scoreis a proprietary quantitative stock scoring system created by TipRanks. It gives stocks a score from 1 to 10 based on eight market factors.\nWe are in the midst of a crypto bull market, so it’s easy to forget it now, but it wasn’t long ago that these stocks performed poorly as crypto prices tanked in 2022, causing CRPT to fall 80.8% that year.\nWhen the crypto market is humming along, CRPT is going to do well, but the next time it slumps, investors may need to run for cover.\nZooming out a bit further, not only is over 44% of the fund in just these top two holdings, but 78.4% is devoted to just its top five holdings, which include volatile Bitcoin mining stocks. There’s simply no way around the fact that this is an extreme amount of concentration in just a few stocks, and volatile ones at that.\nMy other concern about CRPT is that it is an expensive ETF with an expense ratio of 0.85%. This is significantly higher than the average expense ratio for all ETFs, which currently sits at 0.57%. This 0.85% expense ratio means that an investor will pay $85 in fees on a $10,000 investment annually.\nThese fees can really add up over time. For example, if the fund returns 5% annually going forward and maintains its current expense ratio, an investor putting $10,000 into the fund will pay a whopping $1,049 in fees over 10 years. Paying high fees like this can take a bite out of the principal of one’s portfolio over time, so it’s always important for investors to be mindful of fees.\nIf the ETF keeps performing well, as it has over the past year, most investors will not mind paying the high fee. But if the ETF performs poorly again, as it did in 2022, these high fees add insult to injury.\nTurning to Wall Street, CRPT earns a Moderate Buy consensus rating based on\xa027 Buys, five Holds, and zero Sell ratings assigned in the past three months. Theaverage CRPT stock price targetof $15.56 implies 11.6% upside potential.\nCRPT deserves a lot of credit for its strong performance over the past year. While I’m bullish on the crypto market in general (and the ETF could continue to do well for a while if crypto prices keep rising), I’m bearish on CRPT overall, given its massive position in just two volatile stocks with underwhelming Smart Scores: Coinbase and MicroStrategy. This leaves investors with a lot of potential downside exposure.\nFurthermore, the fund is very costly, with a well-above-average expense ratio of 0.85%.\nThe fund has performed well over the past year, but it was also down more than 80% in 2022 when crypto prices were in a prolonged downtrend, so investors should be mindful of this.\nInvestors have plenty of other options for gaining exposure to the crypto space. They can invest directly in cryptocurrencies like Bitcoin and Ethereum (ETH-USD) or invest in Bitcoin through one of the many newlow-cost Bitcoin ETFslike BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) or ARK Invest’s ARK 21Shares Bitcoin ETF (BATS:ARKB), which feature fees that are a fraction of CRPT’s. In fact, many of these ETFs are waiving their fees for the time being as they compete to draw in funds, which behooves investors.\nFor those who want to specifically invest in the types of crypto-involved stocks that CRPT invests in, there are lower-cost options tha **Last 60 Days of Bitcoin's Closing Prices:** [39507.37, 39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-22 **Financial & Commodity Data:** - Gold Closing Price: $2158.10 - Crude Oil Closing Price: $80.63 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,232,876,382,938 - Hash Rate: 563364908.877183 - Transaction Count: 339533.0 - Unique Addresses: 679058.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- French farmers said they will gradually extend protests across the country until the government responds to their concerns over rising costs and bureaucracy. Most Read from Bloomberg China Weighs Stock Market Rescue Package Backed by $278 Billion India Tops Hong Kong as World’s Fourth-Largest Stock Market Netflix Pays $5 Billion for ‘Raw’ in Bet on Live Events An Isolated Israel Doubles Down on War in Gaza — At All Costs Hong Kong Stocks at 36% Discount Show True Depth of China Gloom “Every minute, we’re hearing that new blockades are being set up,” Arnaud Rousseau, the head of the FNSEA farming union, said on RMC radio on Tuesday. “It can last a day, it can last a week, it can last as long as necessary for answers to be provided.” The farmers are demanding financial support to offset the cost of European Union environmental rules and competition from cheaper imports. They are also struggling with the impact of inflation on energy and fuel prices. Farmers have blocked a highway in southwestern France since late last week. Disruption has now extended to a second highway in the southeast. The protests in France echo similar tensions across the region, including in Germany and the Netherlands, over the paring back of subsidies and the approval of European laws to protect the environment. Far-right parties have latched onto such issues and are using them in their messaging ahead of European Parliament elections set for June. In Paris, union leaders held talks with newly appointed Prime Minister Gabriel Attal and Agriculture Minister Marc Fesneau for about two hours late Monday, after which both sides said they agreed on the diagnosis of the issues facing the industry. “We have to listen, collectively, to the anger that’s being expressed,” Fesneau told reporters after the meeting. “And then we have to try to provide answers very quickly, and that’s what’s at stake in the coming days.” He said some measures would be announced this week. Story continues Speaking shortly before the minister, Rousseau called for measures on issues including prices, commercial negotiations with retailers and the food industry, and fuel taxes. He added that changes are also needed at the European level and urged French President Emmanuel Macron to step in. “I want to reiterate how urgent it is for France to take decisions quickly to give prospects again” to the country’s 400,000 farmers, Rousseau told RMC. European Commission President Ursula von der Leyen is set to kick off meetings with the agricultural sector this week in an attempt to placate farmers’ anger over green policies and subsidy cuts that are putting pressure on the industry, according to people familiar with the matter. The EU has spent €2.5 billion ($2.7 billion) on crisis-related measures to support farmers since 2014 and has allocated more than €260 billion to its massive agricultural fund for the 2023-2027 period, around one-third of the common EU budget French agricultural production, excluding subsidies, totaled €95.5 billion last year, according to statistics agency Insee. Most Read from Bloomberg Businessweek The Downfall of Diddy Inc. How Sweden Quit Smoking Without Quitting Nicotine The Bitcoin Hype Is Back and About Just as Hollow as Before Should I Tell My Colleagues (or My Boss) About My Bipolar Diagnosis? ©2024 Bloomberg L.P.... - Reddit Posts (Sample): [['u/shafiul2', 'Still bullish on BONE? ', 10, '2024-03-22 00:09', 'https://www.reddit.com/r/BONETOKENS/comments/1bkkgzk/still_bullish_on_bone/', 'Part of me still is and will probably wait afew more months after BTC halving and then re-evaluate. ', 'https://www.reddit.com/r/BONETOKENS/comments/1bkkgzk/still_bullish_on_bone/', '1bkkgzk', [['u/Sir_Spudsingt0n', 12, '2024-03-22 00:17', 'https://www.reddit.com/r/BONETOKENS/comments/1bkkgzk/still_bullish_on_bone/kvys1q9/', 'Holding without a doubt.', '1bkkgzk']]], ['u/gonnadeleteso', "I've seen the light, moving some btc into bch", 37, '2024-03-22 00:22', 'https://www.reddit.com/r/btc/comments/1bkkrpq/ive_seen_the_light_moving_some_btc_into_bch/', "&#x200B;\n\nhttps://preview.redd.it/cfovrxgttrpc1.png?width=1227&format=png&auto=webp&s=80e4e610b4e78ee229681197d3e4862c4544ae16\n\nLN doesn't work, wasted all of our time.", 'https://www.reddit.com/r/btc/comments/1bkkrpq/ive_seen_the_light_moving_some_btc_into_bch/', '1bkkrpq', [['u/fiendishcrypto', 14, '2024-03-22 00:35', 'https://www.reddit.com/r/btc/comments/1bkkrpq/ive_seen_the_light_moving_some_btc_into_bch/kvyv12h/', 'Smart move! And with each day CBDCs get closer, the move will only seem smarter. 💪', '1bkkrpq'], ['u/rareinvoices', 10, '2024-03-22 01:12', 'https://www.reddit.com/r/btc/comments/1bkkrpq/ive_seen_the_light_moving_some_btc_into_bch/kvz117n/', 'So you would be angry if some people decide to store some BCH on an ETF. Because you get to decide how all BCH should be controlled. TY CEO of BCH.', '1bkkrpq']]], ['u/GallopingGazelle1', 'Price suppressed from ongoing supply releases? ', 39, '2024-03-22 00:33', 'https://www.reddit.com/r/XRP/comments/1bkl0hw/price_suppressed_from_ongoing_supply_releases/', 'As an XRP hodler (and believer of its utility), can someone please help me better understand Ripple’s ongoing XRP supply release from escrow? How are we supposed to see meaningful price appreciation based on the amount of supply that continues to be released? \n\nFrom my understanding, only 55% of XRP’s supply cap has been released. Periodically, supply continues to be released from escrow and we should have all supply circulating around 2027 (please correct me if I’m wrong). So, the only way it seems like we’ll have price appreciation is if adoption and demand far exceeds how much we are releasing. In other words, XRP is challenged both on supply and demand….whereas, Bitcoin (for instance) is only challenged on the demand side at this point (with nearly 95% if all possible Bitcoin is already in circulation and the last 5% of supply being released much much more slowly than Ripple’s XRP supply release velocity). ', 'https://www.reddit.com/r/XRP/comments/1bkl0hw/price_suppressed_from_ongoing_supply_releases/', '1bkl0hw', [['u/EmotionalGraveyard', 13, '2024-03-22 00:50', 'https://www.reddit.com/r/XRP/comments/1bkl0hw/price_suppressed_from_ongoing_supply_releases/kvyxhfx/', 'Couple of things:\n\nFirst of all, it’s a little more complicated than what you’re describing, but you’re right in principle. Thing is, when the 1 billion is released each month, it doesn’t instantly flood the market. A majority - if not all - of it is held. Theoretically though it *could* be sold, if it’s holders a wanted to. But that and that alone is not really responsible for the price level.\n\nSecond - market cap is wildly misunderstood but there are charts that measure market caps of assets instead of asset price. They do this (among other reasons) to more accurately consider how an asset is doing in the face of increasing supply. Here is a link to the market cap chart for XRP. \n\nhttps://www.tradingview.com/chart/m5khe8w2/?symbol=CRYPTOCAP%3AXRP', '1bkl0hw'], ['u/darthnugget', 16, '2024-03-22 00:57', 'https://www.reddit.com/r/XRP/comments/1bkl0hw/price_suppressed_from_ongoing_supply_releases/kvyyl74/', "XRP price will increase with it's utility. If I had to guess it would ramp up by 2030. Been holding since 2017.", '1bkl0hw']]], ['u/assouanasanaw', 'Gambling and taxes', 87, '2024-03-22 01:18', 'https://www.reddit.com/r/newzealand/comments/1bkm0cq/gambling_and_taxes/', "Hi guys\n\nI saw another post about this last week but I've lost it so I wanted to start a new discussion (I swear I used the search bar!!)\n\nI bought $100 of crypto last year from EasyCrypto and used it to play on Stake for the last 6 months. I won various amounts and lost various amounts (with the same $100) and today I won enough money that I am looking to withdraw and I want to know how I do this from a taxation point of view.\n\nRight now the won Bitcoin is sitting in my Stake account and I plan to send it to Easy Crypto and then sell it for NZD.\n\nI think this is the right way to go about it (I've been reading) but I don't know if I owe taxes on the original bitcoin purchase (it went up in value since I bought it) or the taxes on the gambling win.\n\nIt was a lot of money to me ($1200) so I am kind of worried\n\nThanks", 'https://www.reddit.com/r/newzealand/comments/1bkm0cq/gambling_and_taxes/', '1bkm0cq', [['u/Thr3e6N9ne', 18, '2024-03-22 01:26', 'https://www.reddit.com/r/newzealand/comments/1bkm0cq/gambling_and_taxes/kvz39el/', "That's not considered taxable income, don't worry.", '1bkm0cq']]], ['u/BitcoinIsTehFuture', 'NOTICE: The r/bitcoincash sub has been taken without my consent', 29, '2024-03-22 02:03', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/', 'I see some mis-information circulating about this. Here is what happened:\n\nUsers /u/ThomasZander and /u/ShadowOfHarbringer just removed me as the top moderator of r/bitcoincash, **effectively changing ownership of the sub**. I was not aware they could do this, nor do I wish they did so. I have been the top moderator of that sub since day 1 of its existence, and I guarded it against takeover and threats-- until now. I am no longer able to do this.\n\nThese two users were able to do this because of a rule change Reddit made a few months ago that I was unaware of.\n\nI had been active as a user, regularly logging in. This normally would have been enough to maintain my active status. Prior to this rule change, Reddit would only gave up a sub-reddit if the moderators were inactive *as users* for more than 90 days. I was not inactive in this way.\n\nReddit changed the rules recently to require moderators to be active with *moderator-specific actions*, which I had not taken, even though I was active as a user and logging in regularly.\n\nThis is quite disappointing. I haven\'t been able to keep up with all of the moderator rule changes that Reddit has made recently, and it has cost me my sub.\n\nRegarding another /r/bitcoincash mod, /u/althornton2462, what he is saying is true: He removed the censorship of /u/georgedonnelly that /u/ThomasZander and /u/ShadowOfHarbringer put in place. I agree with /u/althornton2462\'s action of unbanning George Donnelly. In my opinion, George should not have been banned from the sub. But regardless, this topic is being used as one of the "reasons" the takeover was "legitimate". It is a sub-topic and does not warrant the taking over of an entire sub. Don\'t let them convince you that this warrants their actions.\n\n/u/althornton2462 described what happened [here](https://www.reddit.com/r/btc/comments/1bkjrrc/comment/kvypb1p/). <-- read this\n\nAlso, for those wondering, /u/althornton2462 is *not* George Donnelly. I know this from first-hand experience as I am the one who appointed /u/althornton2462 as moderator. All accusations that he is somehow George Donnelly are ridiculous.\n\nI have served to guard the sub for 5 years and keep it in good hands, until that was taken from me today. I can no longer guarantee the security of that sub-reddit.\n\n/u/ThomasZander and /u/ShadowOfHarbringer, I would appreciate being returned to the top moderator position of [r/bitcoincash](https://www.reddit.com/r/bitcoincash/). ', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/', '1bkmy0p', [['u/MemoryDealers', 25, '2024-03-22 03:00', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kvzhvsu/', 'I respectfully request that [u/ThomasZander](https://www.reddit.com/user/ThomasZander/)\xa0and\xa0[u/ShadowOfHarbringer](https://www.reddit.com/user/ShadowOfHarbringer/) return r/bitcoincash to u/BitcoinIsTehFuture', '1bkmy0p'], ['u/rareinvoices', 14, '2024-03-22 03:00', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kvzhx7l/', '/u/althornton2462 went too rogue so he needed to go. Cant just come out of hibernation and do whatever he likes.\n\nI think you should have been left as top mod, and you guys should have voted on removing /u/althornton2462 instead. So you guys definitely need mediation now.', '1bkmy0p'], ['u/jonald_fyookball', 13, '2024-03-22 03:52', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kvzpj8t/', "Completely agree. While I don't think Zander and Shadow are or were bad actors, an attempt to take the subreddit in this way without strong reasons would strike me as misguided at best and I would be inclined to do what I could to dissuade that.", '1bkmy0p'], ['u/pyalot', 35, '2024-03-22 04:20', 'https://www.reddit.com/r/btc/comments/1bkmy0p/notice_the_rbitcoincash_sub_has_been_taken/kvztcou/', "u/althornton2462 accuses you of censorship in their post you claim is 100% the truth. So is it true, did you censor in r/bitcoincash?\n\nu/althornton2462 [tried to remove all mods below them](https://www.reddit.com/r/btc/comments/1bkjrrc/thomas_zander_and_shadowofharbringer_just_did_a/kvzplb0/?context=3) in r/bitcoincash, not just u/ThomasZander and u/ShadowOfHarbringer, but did not mention this in their post. They also didn't mention they took unilateral mod action right after waking up without discussion with other mods. Is telling half the truth really the truth?\n\nYou and u/althornton... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['One of the largest ways in which institutions interact with financial markets is through foreign exchange. LMAX Group provides electronic trading opportunities for institutions as well as cryptocurrency trading. CEO David Mercer discussed his views on the future of crypto onCNBC.\nMercer said that Bitcoin reaching new highs is "inevitable" because of institutional investment, which outweighs selling pressures. He noted that about 900 Bitcoin are mined per day, which is worth between $60 million and $70 million, as opposed to inflows into the exchange-traded funds (ETFs), which reached nearly$700 million in a single dayin early March. According to Mercer, this huge imbalance of supply and demand is driving the price of Bitcoin up.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• About 22% of the adult population in the U.S. owns a share of Bitcoin —how much would $10 get you today?\nAdditionally, Mercer also discussed the upcoming Bitcoin halving, expected in mid-April. This would lower the amount of Bitcoin mined per day by half to around 450, which could further decrease selling pressures and cause Bitcoin to continue going up. However, some, including Mercer, believe that this is already priced into the market.\nHe also made a statement regarding the total size of the crypto market, saying that if "3% of the world\'s assets go to crypto, that would be a $6 trillion asset class." For reference, the entire crypto market is estimated to be worth around $2.5 trillion.\n"You should expect most crypto prices to go north from here, and I think that Ethereum and Solana will follow," Mercer said.\nLooking beyond crypto, Mercer sees tokenization as "the fourth or fifth industrial revolution" and he predicts that "the token economy will be $20 trillion by 2030." He thinks that tokenization is the true underlying benefit of crypto, and he sees Bitcoin as just a "signpost" and a "proof of concept" for tokenization to take off, "which we will be lucky to live through and enjoy."\n"Based purely on supply and demand ... you should see the price of Bitcoin being multiples of what it is today," Mercer said.\nThough Mercer noted that he is not in the business of predicting, he is basing his idea of Bitcoin going up on the assumption that it will continue to be allocated into standard investment portfolios. This could happen sooner than some expected; the largest pension fund, Japan\'s Government Pension Investment Fund (GPIF), recently submitted a request to explore the viability of incorporating Bitcoin into its investment strategy.\nIn terms of the potential for spot Ethereum ETFs, Mercer said that "Bitcoin is the store of value ... the gold of the crypto market. Ethereum is the utility. The oil of the crypto market." He predicted that the Ethereum ETF would happen and be great for Ethereum and the decentralized economy.\nMercer discussed nearly all of the pressing issues relating to crypto, bringing every point back to his bullish stance on the asset class. It will be interesting to see how his predictions play out, particularly his idea that crypto could reach a total market size of $6 trillion.\nRead Next:\n• Bitcoin has jumped another 45% already this year —how much would you need to get started today?\n• Bitcoin to $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleLMAX Group CEO Forecasts Bullish Trend: Anticipates Crypto Prices To Surge, Citing Potential $6 Trillion Asset Classoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', '• Bitcoin fell below $63,000 early during the U.S. session Friday amid a broader crypto sell-off.\n• "It will take some time" until bitcoin recovers to $73,000, Galaxy CEO Mike Novogratz said at the Bitcoin Investor Day conference.\n• ETF inflows will return once GBTC selling is completed due to favorable macro conditions, Coinbase analysts said.\nVolatility in crypto markets continued Friday, with bitcoin {{BTC}} tumbling below $63,000 at one point from the $67,000 area just hours earlier. A modest rebound since has taken the price back to the current $64,000, down 3.7% over the past 24 hours.\nThe sell-off rippled through the market, with the broadCoinDesk 20 Indexwas lower by 4.4% over the same time frame, led by layer-1 network Solana\'s token {{SOL}} declining more than 10% at one point.\nIt\'s been more than a week when BTC turned sharply lower from its fresh all-time high price over $73,000 and crypto assets entered a corrective period. While Wednesday\'s steep, 10% rally on the back of a dovish Federal Reserve promised a quick recovery, the price action since suggests otherwise.\n"[It] will take some time before we take out that $73,000 again," said Mike Novogratz, CEO of digital asset investment company Galaxy Digital, during a panel discussion at Bitcoin Investor Day in New York Friday morning.\nThe weak price action comes as U.S.-listed spot bitcoin ETFs have suffered what\'s now four consecutive days of net negative flows. To be sure, nearly all the funds continue to see inflows, but each day this week, they\'ve not been nearly enough to offset massive outflows from the Grayscale Bitcoin Trust (GBTC). On Thursday, GBTC saw $359 million in outflows, leading to $94 million in outflows for the entire fund group. Fidelity\'s Wise Origin Bitcoin Fund (FBTC) garnered the lowest daily inflow in its history,data compiledby BitMEX Research shows.\nSo far through the week, the spot ETFs have recorded over $830 million outflows, and are on track to endure their second negative week since late January when BTC corrected to $39,000.\nAnalysts at Coinbase Institutional noted that the increased GBTC selling is potentially in part due to Genesis selling shares as part of its bankruptcy process. Once the sales are completed, the report said, inflows to ETFs could pick up again amid favorable macro conditions and favorable central bank policy.\n"We think the macro environment remains amenable for more spot bitcoin ETF inflows following the Federal Reserve meeting that concluded on March 20," the Coinbase authors wrote. "We expect the current US disinflationary trend to remain intact, financial conditions in the US to continue easing, and markets to be supported by the tapering of the Fed’s quantitative tightening program."\nHelene Braun contributed reporting', '• Bitcoin fell below $63,000 early during the U.S. session Friday amid a broader crypto sell-off.\n• "It will take some time" until bitcoin recovers to $73,000, Galaxy CEO Mike Novogratz said at the Bitcoin Investor Day conference.\n• ETF inflows will return once GBTC selling is completed due to favorable macro conditions, Coinbase analysts said.\nVolatility in crypto markets continued Friday, with bitcoin {{BTC}} tumbling below $63,000 at one point from the $67,000 area just hours earlier. A modest rebound since has taken the price back to the current $64,000, down 3.7% over the past 24 hours.\nThe sell-off rippled through the market, with the broadCoinDesk 20 Indexwas lower by 4.4% over the same time frame, led by layer-1 network Solana\'s token {{SOL}} declining more than 10% at one point.\nIt\'s been more than a week when BTC turned sharply lower from its fresh all-time high price over $73,000 and crypto assets entered a corrective period. While Wednesday\'s steep, 10% rally on the back of a dovish Federal Reserve promised a quick recovery, the price action since suggests otherwise.\n"[It] will take some time before we take out that $73,000 again," said Mike Novogratz, CEO of digital asset investment company Galaxy Digital, during a panel discussion at Bitcoin Investor Day in New York Friday morning.\nThe weak price action comes as U.S.-listed spot bitcoin ETFs have suffered what\'s now four consecutive days of net negative flows. To be sure, nearly all the funds continue to see inflows, but each day this week, they\'ve not been nearly enough to offset massive outflows from the Grayscale Bitcoin Trust (GBTC). On Thursday, GBTC saw $359 million in outflows, leading to $94 million in outflows for the entire fund group. Fidelity\'s Wise Origin Bitcoin Fund (FBTC) garnered the lowest daily inflow in its history,data compiledby BitMEX Research shows.\nSo far through the week, the spot ETFs have recorded over $830 million outflows, and are on track to endure their second negative week since late January when BTC corrected to $39,000.\nAnalysts at Coinbase Institutional noted that the increased GBTC selling is potentially in part due to Genesis selling shares as part of its bankruptcy process. Once the sales are completed, the report said, inflows to ETFs could pick up again amid favorable macro conditions and favorable central bank policy.\n"We think the macro environment remains amenable for more spot bitcoin ETF inflows following the Federal Reserve meeting that concluded on March 20," the Coinbase authors wrote. "We expect the current US disinflationary trend to remain intact, financial conditions in the US to continue easing, and markets to be supported by the tapering of the Fed’s quantitative tightening program."\nHelene Braun contributed reporting', '• US stocks dipped Friday but ended with a gain for the week after the Fed meeting kicked off a rally.\n• Major averages gained for the week as the central bank indicated three rate hikes on tap this year.\n• Bitcoin ETFs saw their worst week of outflows since they debuted in January.\nUS stocks dipped on Friday, but ended the week with a gain, bolstered by a two-day rally that **Last 60 Days of Bitcoin's Closing Prices:** [39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-23 **Financial & Commodity Data:** - Gold Closing Price: $2158.10 - Crude Oil Closing Price: $80.63 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,272,956,394,725 - Hash Rate: 650999450.2580782 - Transaction Count: 326610.0 - Unique Addresses: 622559.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.73 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Despite all the hoopla surroundingBitcoin(CRYPTO: BTC)and the new spot Bitcoin ETFs, the overall crypto market has been trading flat to down for much of the year. In fact, if you take a look at the top 20 cryptocurrencies by market cap, there is only one that's up more than 20% for the year. Most likely, the name of that crypto will surprise you. It'sChainlink(CRYPTO: LINK), now up 21% in 2024. On the strength of that recent performance,Chainlinkhas now edged outDogecoin(CRYPTO: DOGE)to become the #10 cryptocurrency by market cap. At a price of just under $20 per token, Chainlink is close to hitting a two-year high. So is this overlooked cryptocurrency now worthy of a place in your portfolio? First, let's look at why Chainlink has been soaring of late. While it's possible to point to several short-term technical factors pushing Chainlink higher, the token may finally have a new long-term catalyst in place. That catalyst is real-world asset tokenization, or RWA tokenization. That's a mouthful, to be sure, but it has the potential to become one of the most important trends powering the blockchain space for years to come. Simply stated, RWA tokenization refers to the process of transforming traditional assets (such as stocks and bonds) into digital assets that live on the blockchain. This is now one of the "big ideas" on Wall Street, and it has been promoted by the likes of Larry Fink, the CEO of investment juggernautBlackRock(NYSE: BLK). At the same time,Coinbase Global(NASDAQ: COIN)has been taking early steps to see how these tokenized assets might be added to its crypto trading platform. According to the Boston Consulting Group (BCG), asset tokenization could be a $16 trillion market opportunity by 2030. So the big question becomes: Which cryptocurrencies are going to be at the center of that trend? According to a recent report from K33 Research, the "safest bet" right now is Chainlink. That's because Chainlink is ablockchain oracle network, with the primary purpose of supplying real-world data to blockchain smart contracts. And what do financial assets need to be priced correctly? Lots of real-world data. That's why Chainlink fits so nicely into the overall asset tokenization narrative. While this sounds like the makings of a fantastic investment thesis, my only concern is that we've seen this story before with Chainlink. During the last crypto bull market rally, in 2020 through 2021, Chainlink was at the very center of the decentralized finance (DeFi) trend. Since smart contracts are one of the cornerstones of DeFi, and since Chainlink supplies data to smart contracts, it only made sense that Chainlink would ultimately soar in value as the DeFi narrative gained steam. And indeed, Chainlink skyrocketed in value, from a price of $5 in March 2020 to a price of over $50 in May 2021. That's a tenfold return on investment in just over a year! But the price eventually collapsed to below $10, and traded there until last October (when the K33 Research report came out). For that reason, I'm not recommending Chainlink as the first crypto in your portfolio. It's simply too risky. But there is a potential role for Chainlink in terms of overall portfolio diversification. As we're seeing now, Chainlink is a rare crypto that can zig while the rest of the crypto market zags. Moreover, if the asset tokenization trend takes off, then Chainlink could provide enormous value to patient long-term investors. There's something very exciting about getting in early on a trend that could be worth $16 trillion. That being said, keep your expectations for Chainlink in check and maintain a long-term outlook. For now, Chainlink may be too risky and speculative for most investors. But it has certainly earned a place on my investment radar. If the asset tokenization trend really does take off, then Chainlink could soar well beyond its all-time high of $53. Should you invest $1,000 in Chainlink right now? Before you buy stock in Chainlink, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Chainlink wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of S&P 500 since 2002*. See the 10 stocks *Stock Advisor returns as of February 5, 2024 Dominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin, Chainlink, and Coinbase Global. The Motley Fool has adisclosure policy. Looking for a Bitcoin Alternative? This Overlooked Cryptocurrency Is Already Up 20% in 2024was originally published by The Motley Fool... - Reddit Posts (Sample): [['u/y2kdisaster', 'Are there any good common legal psychedelics?', 15, '2024-03-23 00:08', 'https://www.reddit.com/r/Psychedelic/comments/1bld27y/are_there_any_good_common_legal_psychedelics/', 'I went to a smoke shop and asked if they had anything to get me high other than weed based products. The guy suggested some vape called shroomz, said if apparently felt like shrooms without visuals. I tried it and it was dead ass delta8, nothing more. \n\nJust wondering if there is a common legal psychedelic that may be weaker but similar. Like how delta8 is weaker legal weed. \n\nI used to do some synthetic shrooms a few years ago but I had to buy it from some Canadian website and pay with bitcoin… I’d rather get something more easily accessible. ', 'https://www.reddit.com/r/Psychedelic/comments/1bld27y/are_there_any_good_common_legal_psychedelics/', '1bld27y', [['u/Avatar_sokka', 16, '2024-03-23 01:51', 'https://www.reddit.com/r/Psychedelic/comments/1bld27y/are_there_any_good_common_legal_psychedelics/kw4szcm/', "Don't even bring up Datura, you don't wanna put ideas into people's heads, its extremely dangerous and even if it doesnt straight up kill you, it can cause permanent brain damage, psychosis, ptsd... There is never a reason for anyone to ever do Datura, period.\n\nThis isnt really towards you or anything, I just wanted to emphasize how insanely dangerous datura is.", '1bld27y'], ['u/swedgemite666', 18, '2024-03-23 02:23', 'https://www.reddit.com/r/Psychedelic/comments/1bld27y/are_there_any_good_common_legal_psychedelics/kw4xssx/', 'don\'t listen to any of these idiots telling you to take Salvia, datura, fly agaric, dxm, or "gas station weed". holy fuck any of those are a recipe for a bad time. shiity drugs.\n\nfind some real legal psychedelics here. I like their 4 ho met as its like a mix of mushrooms and lsd. very visual but not a huge mental load either', '1bld27y']]], ['u/pyalot', 'u/althornton2462 banned u/Veterinarian599', 31, '2024-03-23 00:09', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/', 'u/althornton2462 banned u/Veterinarian599\n\nhttps://www.reddit.com/r/Bitcoincash/comments/1blci9w/ive_been_banned_from_rbtc_by_althornton2462/\n\nThe ban message was „ breaking Reddit ToS“ but no explanation. The user was not warned about what type of conduct they should abstain from. Reading their recent comments, I can guess what the offense was.\n\nThough it has me wondering, would they be treated this way if they where not extremely critical of the new mod team and u/althornton2462 in particular? Probably not. So there you go, the politicaly motivated purges by way of strict application of mod rules to undesirables have already begun, just like they did in r/bitcoin under u/theymos rule.\n\nWhat was that about erring on the side of free speech and no censorship in r/btc, ah you the sweet smell of hypocrisy.\n\n[vote here if u/althornton2462 should be removed as mod](https://www.reddit.com/r/btc/comments/1bl0f9b/poll_should_ualthornton2462_step_downbe_removed/)', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/', '1bld2v3', [['u/LordIgorBogdanoff', 10, '2024-03-23 00:11', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4dpil/', "It's Joever.", '1bld2v3'], ['u/Alex-Crypto', 25, '2024-03-23 00:20', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4f1il/', 'CENSORSHIP!!!! /u/althornton2462!!!!! /u/memorydealers!!!!!\n\nCENSORSHIP HAS BEGUN IN FULL!!!! Takeover complete.', '1bld2v3'], ['u/Alex-Crypto', 19, '2024-03-23 00:20', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4f5bx/', 'CENSORSHIP!!!!!', '1bld2v3'], ['u/fiendishcrypto', 18, '2024-03-23 00:21', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4f711/', 'Ok so what does attacking the sub mean?\nIsn’t that what the mods all agreed George Donnelly was doing? And then you removed that ban and tried to kick all the mods?\n\nThe hypocrisy. Free speech. \nSure. Free speech, if it suits you', '1bld2v3'], ['u/mojo_jojo_mark', 14, '2024-03-23 00:22', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4ffd6/', 'Ye, this is odd....what is going on.', '1bld2v3'], ['u/pyalot', 28, '2024-03-23 00:24', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4fpo2/', '1. Resign your mod position now\n2. You could have warned them about what you consider unacceptable (which is recommended modiquette) but I am not surprised your modiquette leaves much to be desired\n3. You where instructed by u/memorydealers to err on the side of free speech, tell me about how you applied that in this case?\n4. You cried the loudest about censorship, and yet, no mere hours later here you are, censoring. How does that work?', '1bld2v3'], ['u/pyalot', 23, '2024-03-23 00:28', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4gcgc/', 'You attacked this subreddit, so… show yourself out?\n\nOoohhhwait, I understand. You just learned today that moderation isnt censorship, and that sometimes banning users is required? Awww, they grow up so fast, arent you a cutsy.', '1bld2v3'], ['u/fiendishcrypto', 15, '2024-03-23 00:29', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4gktv/', 'No. You die on this sword.\nYou don’t get to have it both ways.\nGeorge was doing exactly the same thing as what you are accusing the other person of doing.\n\nHe has been agitating and attacking it until he got his way. Why is that ok, and this isn’t?', '1bld2v3'], ['u/pyalot', 19, '2024-03-23 00:32', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4h0rc/', 'Which TOS did they break?', '1bld2v3'], ['u/fiendishcrypto', 15, '2024-03-23 00:36', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4hjb1/', 'r/btc and r/bitcoincash had a hostile takeover from a rogue mod who was 3 years absent. r/bitcoincash survived the attack due to u/thomaszander and u/shadowofharbringer. r/btc was not so lucky, as Roger removed all mods, placed the rogue mod as highest mod, and then George Donnelley was made mod with the most rights.', '1bld2v3'], ['u/Bagmasterflash', 14, '2024-03-23 00:36', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4hmjz/', 'This in no way answers the questions put directly to you.', '1bld2v3'], ['u/pyalot', 13, '2024-03-23 00:38', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4hyeo/', "> He was banned for openly attacking the sub which is against Reddit TOS. If you try to break reddit, you're gonna get banned.\n\nThat is your liberal interpretation. I say this user was protesting the moderators, specifically you. Not „attacking the sub“. You choose to interprete criticism on you as an attack on the sub…\n\nBtw. George attacked the sub, but for real. So…", '1bld2v3'], ['u/pyalot', 13, '2024-03-23 00:42', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4igxh/', 'Btw. how was your workday today? You liked it? Welcome to being an unpaid mod.', '1bld2v3'], ['u/SoulMechanic', 21, '2024-03-23 00:43', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4inqy/', "This does not bode well for the history and confidence that was built in this sub. Already banning people you don't agree with what the hell. I hope Roger wakes up soon. u/althornton2462 you need to stop making messes, you've already done enough of that, if you have any integrity at all you would be wise to remove yourself from moderating. If you think your actions are gonna go over well, you got rude awakening coming.", '1bld2v3'], ['u/pyalot', 14, '2024-03-23 00:53', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4k9qd/', 'Dont worry about it, the virtue signalers never answer questions or justify their behavior, because they know their behavior is indefensible.', '1bld2v3'], ['u/fiendishcrypto', 10, '2024-03-23 00:55', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4khu0/', 'Please, the three of you in r/bitcoincash. Do not relinquish any control. We are lucky to have dodged that bullet. Right now, don’t trust anyone!', '1bld2v3'], ['u/SoulMechanic', 13, '2024-03-23 01:03', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4lok3/', "u/MobTwo was also added today which is a someone in good standing and a long history, I think we're in good hands so far.", '1bld2v3'], ['u/fiendishcrypto', 10, '2024-03-23 01:04', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4lwyr/', 'Yeah modtwo is a great choice and lots of history.\nJust be ultra cautious. Unless you meet in person, you might be being tricked. Just keep your guards up, this is really funky.', '1bld2v3'], ['u/MobTwo', 11, '2024-03-23 05:03', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw5iumf/', 'I am not surprised /u/MemoryDealers because this is the Theymos situation all over again. I am not sure why you appointed a rogue mod team but a person has to be accountable for his own actions.', '1bld2v3']]], ['u/Ill-Veterinarian599', 'Roger Ver has gone full bunkers - he nuked the entire mod team of rbtc under the guise of "less censorship" and the new mods are already banning people they don\'t like', 48, '2024-03-23 00:14', 'https://www.reddit.com/r/Buttcoin/comments/1bld7eb/roger_ver_has_gone_full_bunkers_he_nuked_the/', "Seriously it's comedy gold. Either Ver got played by a scammer (it's happened before) or he's gone bonkers.", 'https://www.reddit.com/r/Buttcoin/comments/1bld7eb/rog... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97
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:** ['One of the largest ways in which institutions interact with financial markets is through foreign exchange. LMAX Group provides electronic trading opportunities for institutions as well as cryptocurrency trading. CEO David Mercer discussed his views on the future of crypto onCNBC.\nMercer said that Bitcoin reaching new highs is "inevitable" because of institutional investment, which outweighs selling pressures. He noted that about 900 Bitcoin are mined per day, which is worth between $60 million and $70 million, as opposed to inflows into the exchange-traded funds (ETFs), which reached nearly$700 million in a single dayin early March. According to Mercer, this huge imbalance of supply and demand is driving the price of Bitcoin up.\nDon\'t Miss:\n• If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today.\n• About 22% of the adult population in the U.S. owns a share of Bitcoin —how much would $10 get you today?\nAdditionally, Mercer also discussed the upcoming Bitcoin halving, expected in mid-April. This would lower the amount of Bitcoin mined per day by half to around 450, which could further decrease selling pressures and cause Bitcoin to continue going up. However, some, including Mercer, believe that this is already priced into the market.\nHe also made a statement regarding the total size of the crypto market, saying that if "3% of the world\'s assets go to crypto, that would be a $6 trillion asset class." For reference, the entire crypto market is estimated to be worth around $2.5 trillion.\n"You should expect most crypto prices to go north from here, and I think that Ethereum and Solana will follow," Mercer said.\nLooking beyond crypto, Mercer sees tokenization as "the fourth or fifth industrial revolution" and he predicts that "the token economy will be $20 trillion by 2030." He thinks that tokenization is the true underlying benefit of crypto, and he sees Bitcoin as just a "signpost" and a "proof of concept" for tokenization to take off, "which we will be lucky to live through and enjoy."\n"Based purely on supply and demand ... you should see the price of Bitcoin being multiples of what it is today," Mercer said.\nThough Mercer noted that he is not in the business of predicting, he is basing his idea of Bitcoin going up on the assumption that it will continue to be allocated into standard investment portfolios. This could happen sooner than some expected; the largest pension fund, Japan\'s Government Pension Investment Fund (GPIF), recently submitted a request to explore the viability of incorporating Bitcoin into its investment strategy.\nIn terms of the potential for spot Ethereum ETFs, Mercer said that "Bitcoin is the store of value ... the gold of the crypto market. Ethereum is the utility. The oil of the crypto market." He predicted that the Ethereum ETF would happen and be great for Ethereum and the decentralized economy.\nMercer discussed nearly all of the pressing issues relating to crypto, bringing every point back to his bullish stance on the asset class. It will be interesting to see how his predictions play out, particularly his idea that crypto could reach a total market size of $6 trillion.\nRead Next:\n• Bitcoin has jumped another 45% already this year —how much would you need to get started today?\n• Bitcoin to $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast.\n"ACTIVE INVESTORS\' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n• APPLE (AAPL): Free Stock Analysis Report\n• TESLA (TSLA): Free Stock Analysis Report\nThis articleLMAX Group CEO Forecasts Bullish Trend: Anticipates Crypto Prices To Surge, Citing Potential $6 Trillion Asset Classoriginally appeared onBenzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', '• Bitcoin fell below $63,000 early during the U.S. session Friday amid a broader crypto sell-off.\n• "It will take some time" until bitcoin recovers to $73,000, Galaxy CEO Mike Novogratz said at the Bitcoin Investor Day conference.\n• ETF inflows will return once GBTC selling is completed due to favorable macro conditions, Coinbase analysts said.\nVolatility in crypto markets continued Friday, with bitcoin {{BTC}} tumbling below $63,000 at one point from the $67,000 area just hours earlier. A modest rebound since has taken the price back to the current $64,000, down 3.7% over the past 24 hours.\nThe sell-off rippled through the market, with the broadCoinDesk 20 Indexwas lower by 4.4% over the same time frame, led by layer-1 network Solana\'s token {{SOL}} declining more than 10% at one point.\nIt\'s been more than a week when BTC turned sharply lower from its fresh all-time high price over $73,000 and crypto assets entered a corrective period. While Wednesday\'s steep, 10% rally on the back of a dovish Federal Reserve promised a quick recovery, the price action since suggests otherwise.\n"[It] will take some time before we take out that $73,000 again," said Mike Novogratz, CEO of digital asset investment company Galaxy Digital, during a panel discussion at Bitcoin Investor Day in New York Friday morning.\nThe weak price action comes as U.S.-listed spot bitcoin ETFs have suffered what\'s now four consecutive days of net negative flows. To be sure, nearly all the funds continue to see inflows, but each day this week, they\'ve not been nearly enough to offset massive outflows from the Grayscale Bitcoin Trust (GBTC). On Thursday, GBTC saw $359 million in outflows, leading to $94 million in outflows for the entire fund group. Fidelity\'s Wise Origin Bitcoin Fund (FBTC) garnered the lowest daily inflow in its history,data compiledby BitMEX Research shows.\nSo far through the week, the spot ETFs have recorded over $830 million outflows, and are on track to endure their second negative week since late January when BTC corrected to $39,000.\nAnalysts at Coinbase Institutional noted that the increased GBTC selling is potentially in part due to Genesis selling shares as part of its bankruptcy process. Once the sales are completed, the report said, inflows to ETFs could pick up again amid favorable macro conditions and favorable central bank policy.\n"We think the macro environment remains amenable for more spot bitcoin ETF inflows following the Federal Reserve meeting that concluded on March 20," the Coinbase authors wrote. "We expect the current US disinflationary trend to remain intact, financial conditions in the US to continue easing, and markets to be supported by the tapering of the Fed’s quantitative tightening program."\nHelene Braun contributed reporting', '• Bitcoin fell below $63,000 early during the U.S. session Friday amid a broader crypto sell-off.\n• "It will take some time" until bitcoin recovers to $73,000, Galaxy CEO Mike Novogratz said at the Bitcoin Investor Day conference.\n• ETF inflows will return once GBTC selling is completed due to favorable macro conditions, Coinbase analysts said.\nVolatility in crypto markets continued Friday, with bitcoin {{BTC}} tumbling below $63,000 at one point from the $67,000 area just hours earlier. A modest rebound since has taken the price back to the current $64,000, down 3.7% over the past 24 hours.\nThe sell-off rippled through the market, with the broadCoinDesk 20 Indexwas lower by 4.4% over the same time frame, led by layer-1 network Solana\'s token {{SOL}} declining more than 10% at one point.\nIt\'s been more than a week when BTC turned sharply lower from its fresh all-time high price over $73,000 and crypto assets entered a corrective period. While Wednesday\'s steep, 10% rally on the back of a dovish Federal Reserve promised a quick recovery, the price action since suggests otherwise.\n"[It] will take some time before we take out that $73,000 again," said Mike Novogratz, CEO of digital asset investment company Galaxy Digital, during a panel discussion at Bitcoin Investor Day in New York Friday morning.\nThe weak price action comes as U.S.-listed spot bitcoin ETFs have suffered what\'s now four consecutive days of net negative flows. To be sure, nearly all the funds continue to see inflows, but each day this week, they\'ve not been nearly enough to offset massive outflows from the Grayscale Bitcoin Trust (GBTC). On Thursday, GBTC saw $359 million in outflows, leading to $94 million in outflows for the entire fund group. Fidelity\'s Wise Origin Bitcoin Fund (FBTC) garnered the lowest daily inflow in its history,data compiledby BitMEX Research shows.\nSo far through the week, the spot ETFs have recorded over $830 million outflows, and are on track to endure their second negative week since late January when BTC corrected to $39,000.\nAnalysts at Coinbase Institutional noted that the increased GBTC selling is potentially in part due to Genesis selling shares as part of its bankruptcy process. Once the sales are completed, the report said, inflows to ETFs could pick up again amid favorable macro conditions and favorable central bank policy.\n"We think the macro environment remains amenable for more spot bitcoin ETF inflows following the Federal Reserve meeting that concluded on March 20," the Coinbase authors wrote. "We expect the current US disinflationary trend to remain intact, financial conditions in the US to continue easing, and markets to be supported by the tapering of the Fed’s quantitative tightening program."\nHelene Braun contributed reporting', '• US stocks dipped Friday but ended with a gain for the week after the Fed meeting kicked off a rally.\n• Major averages gained for the week as the central bank indicated three rate hikes on tap this year.\n• Bitcoin ETFs saw their worst week of outflows since they debuted in January.\nUS stocks dipped on Friday, but ended the week with a gain, bolstered by a two-day rally that **Last 60 Days of Bitcoin's Closing Prices:** [39845.55, 40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-23 **Financial & Commodity Data:** - Gold Closing Price: $2158.10 - Crude Oil Closing Price: $80.63 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,272,956,394,725 - Hash Rate: 650999450.2580782 - Transaction Count: 326610.0 - Unique Addresses: 622559.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.73 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Despite all the hoopla surroundingBitcoin(CRYPTO: BTC)and the new spot Bitcoin ETFs, the overall crypto market has been trading flat to down for much of the year. In fact, if you take a look at the top 20 cryptocurrencies by market cap, there is only one that's up more than 20% for the year. Most likely, the name of that crypto will surprise you. It'sChainlink(CRYPTO: LINK), now up 21% in 2024. On the strength of that recent performance,Chainlinkhas now edged outDogecoin(CRYPTO: DOGE)to become the #10 cryptocurrency by market cap. At a price of just under $20 per token, Chainlink is close to hitting a two-year high. So is this overlooked cryptocurrency now worthy of a place in your portfolio? First, let's look at why Chainlink has been soaring of late. While it's possible to point to several short-term technical factors pushing Chainlink higher, the token may finally have a new long-term catalyst in place. That catalyst is real-world asset tokenization, or RWA tokenization. That's a mouthful, to be sure, but it has the potential to become one of the most important trends powering the blockchain space for years to come. Simply stated, RWA tokenization refers to the process of transforming traditional assets (such as stocks and bonds) into digital assets that live on the blockchain. This is now one of the "big ideas" on Wall Street, and it has been promoted by the likes of Larry Fink, the CEO of investment juggernautBlackRock(NYSE: BLK). At the same time,Coinbase Global(NASDAQ: COIN)has been taking early steps to see how these tokenized assets might be added to its crypto trading platform. According to the Boston Consulting Group (BCG), asset tokenization could be a $16 trillion market opportunity by 2030. So the big question becomes: Which cryptocurrencies are going to be at the center of that trend? According to a recent report from K33 Research, the "safest bet" right now is Chainlink. That's because Chainlink is ablockchain oracle network, with the primary purpose of supplying real-world data to blockchain smart contracts. And what do financial assets need to be priced correctly? Lots of real-world data. That's why Chainlink fits so nicely into the overall asset tokenization narrative. While this sounds like the makings of a fantastic investment thesis, my only concern is that we've seen this story before with Chainlink. During the last crypto bull market rally, in 2020 through 2021, Chainlink was at the very center of the decentralized finance (DeFi) trend. Since smart contracts are one of the cornerstones of DeFi, and since Chainlink supplies data to smart contracts, it only made sense that Chainlink would ultimately soar in value as the DeFi narrative gained steam. And indeed, Chainlink skyrocketed in value, from a price of $5 in March 2020 to a price of over $50 in May 2021. That's a tenfold return on investment in just over a year! But the price eventually collapsed to below $10, and traded there until last October (when the K33 Research report came out). For that reason, I'm not recommending Chainlink as the first crypto in your portfolio. It's simply too risky. But there is a potential role for Chainlink in terms of overall portfolio diversification. As we're seeing now, Chainlink is a rare crypto that can zig while the rest of the crypto market zags. Moreover, if the asset tokenization trend takes off, then Chainlink could provide enormous value to patient long-term investors. There's something very exciting about getting in early on a trend that could be worth $16 trillion. That being said, keep your expectations for Chainlink in check and maintain a long-term outlook. For now, Chainlink may be too risky and speculative for most investors. But it has certainly earned a place on my investment radar. If the asset tokenization trend really does take off, then Chainlink could soar well beyond its all-time high of $53. Should you invest $1,000 in Chainlink right now? Before you buy stock in Chainlink, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Chainlink wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of S&P 500 since 2002*. See the 10 stocks *Stock Advisor returns as of February 5, 2024 Dominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin, Chainlink, and Coinbase Global. The Motley Fool has adisclosure policy. Looking for a Bitcoin Alternative? This Overlooked Cryptocurrency Is Already Up 20% in 2024was originally published by The Motley Fool... - Reddit Posts (Sample): [['u/y2kdisaster', 'Are there any good common legal psychedelics?', 15, '2024-03-23 00:08', 'https://www.reddit.com/r/Psychedelic/comments/1bld27y/are_there_any_good_common_legal_psychedelics/', 'I went to a smoke shop and asked if they had anything to get me high other than weed based products. The guy suggested some vape called shroomz, said if apparently felt like shrooms without visuals. I tried it and it was dead ass delta8, nothing more. \n\nJust wondering if there is a common legal psychedelic that may be weaker but similar. Like how delta8 is weaker legal weed. \n\nI used to do some synthetic shrooms a few years ago but I had to buy it from some Canadian website and pay with bitcoin… I’d rather get something more easily accessible. ', 'https://www.reddit.com/r/Psychedelic/comments/1bld27y/are_there_any_good_common_legal_psychedelics/', '1bld27y', [['u/Avatar_sokka', 16, '2024-03-23 01:51', 'https://www.reddit.com/r/Psychedelic/comments/1bld27y/are_there_any_good_common_legal_psychedelics/kw4szcm/', "Don't even bring up Datura, you don't wanna put ideas into people's heads, its extremely dangerous and even if it doesnt straight up kill you, it can cause permanent brain damage, psychosis, ptsd... There is never a reason for anyone to ever do Datura, period.\n\nThis isnt really towards you or anything, I just wanted to emphasize how insanely dangerous datura is.", '1bld27y'], ['u/swedgemite666', 18, '2024-03-23 02:23', 'https://www.reddit.com/r/Psychedelic/comments/1bld27y/are_there_any_good_common_legal_psychedelics/kw4xssx/', 'don\'t listen to any of these idiots telling you to take Salvia, datura, fly agaric, dxm, or "gas station weed". holy fuck any of those are a recipe for a bad time. shiity drugs.\n\nfind some real legal psychedelics here. I like their 4 ho met as its like a mix of mushrooms and lsd. very visual but not a huge mental load either', '1bld27y']]], ['u/pyalot', 'u/althornton2462 banned u/Veterinarian599', 31, '2024-03-23 00:09', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/', 'u/althornton2462 banned u/Veterinarian599\n\nhttps://www.reddit.com/r/Bitcoincash/comments/1blci9w/ive_been_banned_from_rbtc_by_althornton2462/\n\nThe ban message was „ breaking Reddit ToS“ but no explanation. The user was not warned about what type of conduct they should abstain from. Reading their recent comments, I can guess what the offense was.\n\nThough it has me wondering, would they be treated this way if they where not extremely critical of the new mod team and u/althornton2462 in particular? Probably not. So there you go, the politicaly motivated purges by way of strict application of mod rules to undesirables have already begun, just like they did in r/bitcoin under u/theymos rule.\n\nWhat was that about erring on the side of free speech and no censorship in r/btc, ah you the sweet smell of hypocrisy.\n\n[vote here if u/althornton2462 should be removed as mod](https://www.reddit.com/r/btc/comments/1bl0f9b/poll_should_ualthornton2462_step_downbe_removed/)', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/', '1bld2v3', [['u/LordIgorBogdanoff', 10, '2024-03-23 00:11', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4dpil/', "It's Joever.", '1bld2v3'], ['u/Alex-Crypto', 25, '2024-03-23 00:20', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4f1il/', 'CENSORSHIP!!!! /u/althornton2462!!!!! /u/memorydealers!!!!!\n\nCENSORSHIP HAS BEGUN IN FULL!!!! Takeover complete.', '1bld2v3'], ['u/Alex-Crypto', 19, '2024-03-23 00:20', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4f5bx/', 'CENSORSHIP!!!!!', '1bld2v3'], ['u/fiendishcrypto', 18, '2024-03-23 00:21', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4f711/', 'Ok so what does attacking the sub mean?\nIsn’t that what the mods all agreed George Donnelly was doing? And then you removed that ban and tried to kick all the mods?\n\nThe hypocrisy. Free speech. \nSure. Free speech, if it suits you', '1bld2v3'], ['u/mojo_jojo_mark', 14, '2024-03-23 00:22', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4ffd6/', 'Ye, this is odd....what is going on.', '1bld2v3'], ['u/pyalot', 28, '2024-03-23 00:24', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4fpo2/', '1. Resign your mod position now\n2. You could have warned them about what you consider unacceptable (which is recommended modiquette) but I am not surprised your modiquette leaves much to be desired\n3. You where instructed by u/memorydealers to err on the side of free speech, tell me about how you applied that in this case?\n4. You cried the loudest about censorship, and yet, no mere hours later here you are, censoring. How does that work?', '1bld2v3'], ['u/pyalot', 23, '2024-03-23 00:28', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4gcgc/', 'You attacked this subreddit, so… show yourself out?\n\nOoohhhwait, I understand. You just learned today that moderation isnt censorship, and that sometimes banning users is required? Awww, they grow up so fast, arent you a cutsy.', '1bld2v3'], ['u/fiendishcrypto', 15, '2024-03-23 00:29', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4gktv/', 'No. You die on this sword.\nYou don’t get to have it both ways.\nGeorge was doing exactly the same thing as what you are accusing the other person of doing.\n\nHe has been agitating and attacking it until he got his way. Why is that ok, and this isn’t?', '1bld2v3'], ['u/pyalot', 19, '2024-03-23 00:32', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4h0rc/', 'Which TOS did they break?', '1bld2v3'], ['u/fiendishcrypto', 15, '2024-03-23 00:36', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4hjb1/', 'r/btc and r/bitcoincash had a hostile takeover from a rogue mod who was 3 years absent. r/bitcoincash survived the attack due to u/thomaszander and u/shadowofharbringer. r/btc was not so lucky, as Roger removed all mods, placed the rogue mod as highest mod, and then George Donnelley was made mod with the most rights.', '1bld2v3'], ['u/Bagmasterflash', 14, '2024-03-23 00:36', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4hmjz/', 'This in no way answers the questions put directly to you.', '1bld2v3'], ['u/pyalot', 13, '2024-03-23 00:38', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4hyeo/', "> He was banned for openly attacking the sub which is against Reddit TOS. If you try to break reddit, you're gonna get banned.\n\nThat is your liberal interpretation. I say this user was protesting the moderators, specifically you. Not „attacking the sub“. You choose to interprete criticism on you as an attack on the sub…\n\nBtw. George attacked the sub, but for real. So…", '1bld2v3'], ['u/pyalot', 13, '2024-03-23 00:42', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4igxh/', 'Btw. how was your workday today? You liked it? Welcome to being an unpaid mod.', '1bld2v3'], ['u/SoulMechanic', 21, '2024-03-23 00:43', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4inqy/', "This does not bode well for the history and confidence that was built in this sub. Already banning people you don't agree with what the hell. I hope Roger wakes up soon. u/althornton2462 you need to stop making messes, you've already done enough of that, if you have any integrity at all you would be wise to remove yourself from moderating. If you think your actions are gonna go over well, you got rude awakening coming.", '1bld2v3'], ['u/pyalot', 14, '2024-03-23 00:53', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4k9qd/', 'Dont worry about it, the virtue signalers never answer questions or justify their behavior, because they know their behavior is indefensible.', '1bld2v3'], ['u/fiendishcrypto', 10, '2024-03-23 00:55', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4khu0/', 'Please, the three of you in r/bitcoincash. Do not relinquish any control. We are lucky to have dodged that bullet. Right now, don’t trust anyone!', '1bld2v3'], ['u/SoulMechanic', 13, '2024-03-23 01:03', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4lok3/', "u/MobTwo was also added today which is a someone in good standing and a long history, I think we're in good hands so far.", '1bld2v3'], ['u/fiendishcrypto', 10, '2024-03-23 01:04', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw4lwyr/', 'Yeah modtwo is a great choice and lots of history.\nJust be ultra cautious. Unless you meet in person, you might be being tricked. Just keep your guards up, this is really funky.', '1bld2v3'], ['u/MobTwo', 11, '2024-03-23 05:03', 'https://www.reddit.com/r/btc/comments/1bld2v3/ualthornton2462_banned_uveterinarian599/kw5iumf/', 'I am not surprised /u/MemoryDealers because this is the Theymos situation all over again. I am not sure why you appointed a rogue mod team but a person has to be accountable for his own actions.', '1bld2v3']]], ['u/Ill-Veterinarian599', 'Roger Ver has gone full bunkers - he nuked the entire mod team of rbtc under the guise of "less censorship" and the new mods are already banning people they don\'t like', 48, '2024-03-23 00:14', 'https://www.reddit.com/r/Buttcoin/comments/1bld7eb/roger_ver_has_gone_full_bunkers_he_nuked_the/', "Seriously it's comedy gold. Either Ver got played by a scammer (it's happened before) or he's gone bonkers.", 'https://www.reddit.com/r/Buttcoin/comments/1bld7eb/rog... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["There is no question that stocks have enjoyed a terrific rally since the end of October. That was when investors became convinced the Federal Reserve was done raising interest rates.\nThe Standard & Poor's 500 is up 27 percent since its Oct. 27, 2023, closing low. It's had 20 record closes this year alone.\nThe Nasdaq Composite Index is up 30.4% over the same time frame.\xa0The Nasdaq-100 Index is up 30%.\nAnd the Russell 2000 Index is up 26.6%.\nFed Chairman Jerome Powell said on Wednesday the central bank still expects to cut rates this year, maybe as many as three times on the expectation inflation is sustainably on its way to 2% a year.\nThere seems to be a consensus that the first cut is coming in June.\nAnd, of course, stocks shot up afterward.\nIf traders are right, is there a chance stocks will go, well, parabolic?\nRelated: Tesla stock slumps after startling China decision\nIf you search the Internet, you'll find a loud cadre of prognosticators saying tech stocks are in a bubble, and a crash or at least a serious pullback is imminent.\nGiven the big rally since October, the concern is understandable.\nSo far, however, markets overall aren't buying into the fears.\nWhat one often hears is the enthusiasm for all things artificial intelligence. Bulls argue that the development of AI is the biggest change coming to technology since the Internet became real in the mid-1990s.\nAnd AI may be setting off a bull run not unlike what we saw in the late 1990s.\n2024 is also a Presidential election year, when stocks typically rise about 6%.\nThat helps explain why the Dow Jones Industrial Average and Standard & Poor's 500 indices hit record highs on Thursday. The Nasdaq and Nasdaq-100 Index hit record closes on Friday.\nIt feeds into the interest in Reddit(RDDT). The\xa0social media company\xa0went public at $34 late Wednesday, and its shares jumped 48% to $50.44 on Thursday, its first day of trading. But Friday, however, Reddit fell 8.8% to $46.\nSpencer Platt/Getty Images\nPerhaps the worst scenario one can find from people who have watched markets is voiced by Jeffrey Hirsch, editor-in-chief ofThe Stock Traders Almanac.\nHirsch believes stocks may be flat for the next few months because it's time. Stocks typically see their best gains between November through April and pause until the fall, he notes.\nJon Markman, aSeattle financial plannerwho's bullish for for the foreseeable future, likes small cap stocks generally and the iShares Russell 2000 exchange-trade fund(IWM)and energy shares for the rest of the year.\nThis week may offer a hint of what's to come because investors and traders will have to make decisions largely absent of big, market-moving events. It's a four-day week because U.S. markets will be closed on Friday for Good Friday.\nSo, if momentum is driving markets you should see it before Thursday, if only because\xa0institutional investors will buy what's hot before trading ends for the first quarter, which is Thursday.\nMore AI stock news:\n• Analysts revamp C3.ai stock price targets after earnings\n• Analyst updates stock price target for Super Micro Computer\n• Analysts unveil new Nvidia price targets ahead of 'AI Woodstock' conference\nMeanwhile, there are a few earnings reports of note:\n• GameStop(GME), the world's largest video-game retailer, due Tuesday.\n• McCormick & Co.(MKC), the big merchant of spices, also on Tuesday.\n• Cruise line operator Carnival(CCL)on Wednesday.\n• Walgreens Boots Alliance(WBA), the big pharmacy chain. It was recently removed from the Dow and replaced by Amazon(AMZN).\nThe Commerce Department releases its monthly Personal Consumption Expenditures Price Index report on Friday morning.\nThe PCE is the Fed's favorite inflation indicator because it measures price changes on things people actually buy.\nThe consensus estimate is for the index to show a month-to-month increase of 0.4% in February down from 0.6% in January. The\xa0year-over-year rate likely rose slightly to 4.8%, projects FXStreet. That\xa0suggests, as Powell himself conceded last week, that the path to normalization in price gains will be bumpy.\nEconomists have been low side on inflation estimates lately. The surprisingly strong inflation numbers of late caused Jerome Powell to repeat his mantra that rate cuts will come when inflation is sustainably lower.\nWall Street took that to mean rates will come down. But as one analyst said last week, another high number creates a different conversation.\nThere are many bitcoin enthusiasts who see bitcoin and crypto currencies soaring through the end of the year.\nBitcoin has scuffled a bit of late. Yes, bitcoin has had a big year. It's up 52.6% for the year as of Saturday.\nBut it has fallen nearly 12% since its record close of $73,463 on March 13.\nRelated: Veteran fund manager picks favorite stocks for 2024", 'In this piece, we will take a look at Cathie Wood\'s stock portfolio for 2024. If you want to skip our overview of Wood, her firm, and the latest news revolving around her hedge fund, then you can skip ahead toCathie Wood\'s Stock Portfolio: Top 5 2024 Stock Picks.\nIn contrast to some of the biggest hedge fund managers that aim to diversify their portfolios to capitalize on both growth and value stocks, Cathie Wood and her hedge fund,ARK Investment Management, are purely focused on growth and investments in "technologically enabled innovation that cuts across economic sectors and changes the way our world works." The firm\'s investment strategy encompasses themes such as Autonomous Technology, Robotics, Artificial Intelligence (AI), Blockchain Technology, Multi-Omics, Space Exploration, and Energy Storage. While her funds have garnered attention for their innovative approach, they have also experienced mixed results over the years, with some describing them as rollercoaster rides. ARK Invest experiencing one of its most successful years since its inception in 2017, achieving an impressive 87.4% gain propelled by a 1,300% surge in Grayscale Bitcoin Trust. This performance coincided with Bitcoin reaching record highs of $20,000 per coin.\nHowever, it was in 2020 that Wood established her reputation on Wall Street, delivering a massive 152.5% gain with her flagship fund amidst the pandemic. The fund achieved this by investing in stocks associated with "disruptive innovation," such as Teladoc Health, Inc. (NYSE:TDOC) Roku, Inc. (NASDAQ:ROKU), and Zoom Video Communications, Inc. (NASDAQ:ZM). In addition, Wood\'s ARK Innovation (ARKK) exchange-traded fund (ETF) emerged as the top-performing global equity fund that same year with at least $1 billion of assets. However, as the high-flying pandemic stocks experienced a subsequent downturn, Wood\'s flagship fund underperformed the S&P 500 index by more than 30 basis points in both 2021 and 2022. In addition, the ARKK ETF sharply underperformed the Nasdaq in 2021, closing down 24% compared to the Nasdaq\'s 21.4% advance. This underperformance persisted in 2022, with the ARKK ETF plummeting 67% versus the Nasdaq\'s 33.1% annual loss. However, there was a notable turnaround in 2023, with the ARKK ETF rebounding strongly, posting a 67.6% gain. The tech sector, in particular, faced challenges following the Federal Reserve\'s decision to pursue an aggressive interest rate-hiking campaign last year.\nIn January 2024, Cathie Wood made headlines again when she raised her bullishestimatefor Bitcoin\'s price to $1,500,000 by 2030, marking a 50% increase from her previous prediction of $1 million. Wood attributed the increased likelihood of this optimistic scenario to the recent SEC approval of spot Bitcoin ETFs in the United States, which she views as a green light for the cryptocurrency. On the other hand, the hedge fund manager also anticipates a price of $258,500, while the base case is set at $682,800. ARK Invest supported its projections by pointing to factors such as a higher hash rate, long-term holder supply, and addresses with a non-zero balance.\nHereis what the hedge fund manager had to say to after the SEC\'s Bitcoin ETF approval:\nTypically in a situation like this where there are a lot of competitors, the market consolidates. So we would expect that to happen. We hope and trust that we will be one of the winners. And I think from our pint of view we have some competitive advantages. A lot of people are talking about fees, and I\'ll get to that. But there are three competitive advantages that i think are very important. One, our infrastructure and operations. Our partner 21shares has built this infrastructure, and then operating 40 different funds through booms and busts, through halvings and forks, and airdrops and you know through periods that the ETF industry just has never seen. So our infrastructure is battle tested. The second is research. As you know we give all of our research away. Our first blog on Bitcoin was the year of our founding, 2014. Our first whitepaper, Bitcoin Couldn\'t Serve The Three Roles of Money, we did in collaboration with Art Laffer. In 2015. We gained our first exposure in Bitcoin at $250 and have never left it.\nWith these details in mind, let\'s take a look at some of the best stocks in Cathie Wood\'s stock portfolio. Some notable names in this list include Tesla, Inc. (NASDAQ:TSLA), UiPath Inc. (NYSE:PATH), and Coinbase Global, Inc. (NASDAQ:COIN), among others.\nCathie Wood of ARK Investment Management\nOurMethodology\nWe selected the following 10 stocks from Cathie Wood’s ARK Invest portfolio as of Q4 2023. We have also mentioned the hedge fund sentiment towards each stock, which was assessed from Insider Monkey’s database of 933 elite hedge funds tracked as of the end of the last quarter of 2023. The list is arranged in ascending order of the number of ARK Invest’s stake value in each holding.\nHedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here).\nNumber of Hedge Fund In **Last 60 Days of Bitcoin's Closing Prices:** [40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-24 **Financial & Commodity Data:** - Gold Closing Price: $2158.10 - Crude Oil Closing Price: $80.63 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,261,385,877,138 - Hash Rate: 709422477.8453414 - Transaction Count: 331527.0 - Unique Addresses: 566459.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Coinbase, the leading US-based cryptocurrency exchange, is raising $1 billion through senior convertible notes. These notes act like loans that can be converted into company stock later. The funds will be used to repay existing debt and for general business purposes, according to a company blog post.Accordingto the March 12 announcement, the offering targets institutional investors and comes as Coinbase stock enjoys a two-year high. Convertible notes offer companies a way to raise capital while delaying the dilution of ownership that comes with issuing new stock. Investors benefit from the potential for higher returns if the company's stock price increases. The notes carry an interest rate and mature on April 1, 2030, although Coinbase can repurchase them earlier. The company intends to use the proceeds to repay existing convertible notes with lower interest rates, freeing up resources for future growth. This move follows a similar strategy by MicroStrategy, a major Bitcoin investor, who recently raised $800 million via convertible notes to acquire more BTC. This came after MicroStrategyannounced an additional purchase of 12,000 BTC, making it the company with the most BTC in its corporate treasury. Coinbase's stock price remained flat during the day on March 12 but dipped slightly in after-hours trading following the announcement. Despite the dip, the stock is still up over 63% year-to-date, reflecting the broader cryptocurrency market rally.... - Reddit Posts (Sample): [['u/Complex_Recover4595', 'My self esteem is so low. How can I fix it?', 63, '2024-03-24 01:07', 'https://www.reddit.com/r/selfimprovement/comments/1bm7556/my_self_esteem_is_so_low_how_can_i_fix_it/', 'My self esteem is so so so low. I don’t know why. It makes me angry to know that I don’t know my own worth. I feel like I’m worth so much more than what I put up with and what I go through and I feel like my family and family friends see that, but I feel like outsiders don’t see that and they treat me like sh*t? I don’t know why its so hard for me to make connections outside my inner circle. \n\nBut then I also engage in behaviors that I’m not proud of and which isn’t a reflection of my worth. Some stuff I involved myself in, sending and selling explicit pictures/content of myself on snapchat for money (w privacy 🧿🧿🧿). I got in legal trouble at 17 for st**ling 🧿🧿🧿. I got assaulted by a guy who worked at Goldman Sachs, and wasn’t in a relationship with me and he was so disrespectful to me I felt violated. I was bullied from elementary through high school. I was also a special needs student so I was prone to get “picked on” by the smart kids🧿🧿🧿.Girls are literally so mean to me. This girl hated my guts and literally tried to steal all my family’s assets 🧿🧿🧿.\n\nThis girl was basically dating that guy who abused me. She would constantly make comments like "| be shting on btches" "btches have to be careful with me" or "btches be dumb" or "i be violating btvhes" " I be ending btches" "btches wish they were me" and that she gets guys and how girls wish they were her. She calls her male partners “assets" where she sets girls up with her boyfriends (assets like she mentioned earlier) and then those guys steal financial resources from the girls family.\n\n Her comments made me feel super uncomfortable. And she did in fact did all the things she mentioned to me. And she did all this to me because I gave her an unintentional back massage when I was 15 and she was 18. She yelled at me and told me to back off, I got very teary eyed and apologized, but she didn\'t accept it. And she set me up with one of her "assets" She\'s very egocentric like todays rappers are. I feel violated, humiliated and just insecure. I\'ve never been called such words i\'m the sweetest person in the world and the fact people make me seem like l\'m that, is disgusting.\n\nLike why am I always put in situations where my worth is diminished. It makes me angry when people don’t see my worth. Its like My family has assets they’re educated they’re smart all my family friends are becoming doctors, engineers and lawyers. And then my family suffers because of some dumb rich crackhead. Like why can’t I find my own people? That respect me and see my worth? I want to be successful and happy too. I’m a business major and I feel terrible that I’m not smart as my family friends. ', 'https://www.reddit.com/r/selfimprovement/comments/1bm7556/my_self_esteem_is_so_low_how_can_i_fix_it/', '1bm7556', [['u/Any_Scallion3354', 27, '2024-03-24 01:18', 'https://www.reddit.com/r/selfimprovement/comments/1bm7556/my_self_esteem_is_so_low_how_can_i_fix_it/kw9td0n/', 'Your self esteem is low because you have a long history of being bullied and violated. Please go to therapy and learn how to stand up for yourself and be more assertive with the assholes of the world.', '1bm7556'], ['u/Additional-Emu6623', 12, '2024-03-24 01:23', 'https://www.reddit.com/r/selfimprovement/comments/1bm7556/my_self_esteem_is_so_low_how_can_i_fix_it/kw9u43d/', 'i understand what you’re going through sweetheart ❤️ as a 19yo female i know how horrible girls can be. i think the first step is to cut out toxic stuff. the first step in building self esteem is to build a life that you’re proud of. if you’re struggling with the thought of selling explicit pics, don’t do it! there are other ways to make money. i’m so sorry you’ve gone through so much and that you’re feeling this way. but like i said, self confidence starts with self respect ❤️ if you’re comfortable, i also recommend seeking therapy. they are there to help you! feel free to reply to me here if you ever want advice!', '1bm7556'], ['u/motivemurat', 10, '2024-03-24 01:53', 'https://www.reddit.com/r/selfimprovement/comments/1bm7556/my_self_esteem_is_so_low_how_can_i_fix_it/kw9ylou/', 'Your sense of self-worth and self-esteem should not be tied to external factors. I really like that you acknowledged in your first paragraph that people close to you such as your friends and family see your worth (and the issue being your tying of self-worth to external people outside your circle). However, I would argue that your sense of self-worth shouldn\'t be tied to anything outside of you... to improve confidence and your general self-esteem, you have to look within. The answer is not external (which is of course much easier said than done).\n\nI guess the better question to ask in this situation is: "How can i stop caring about the thoughts of others about me", and most importantly, "How can I stop caring about how people that I dont even like, that I dont even want to be friends with, and people who do bad things thoughts about me". Fundamentally, it\'ll boil down to being proud of whom you are, acknowledging the fact that they are the flawed ones (because being abusive towards anyone is not a normal or right thing to do), and when receiving these type of comments, or being put in uncomfortable situations by these people, know that you are not the one that is flawed. In some sense, dont let their negativity and darkness within them spread to you. See them for whom they are - bad, abusive, negative, jealous people - they don\'t deserve your attention. Focus on you, the ones you love, the ones you care about, and focus on growing stronger within (this is a big topic on its own but is mainly done by working towards whom you want to become, you grow strength from your own achievements - have a list of things you are proud of that you have achieved, reflect on these, and support those whom you love and care about the most).', '1bm7556'], ['u/Brilliant-Purple-591', 11, '2024-03-24 08:20', 'https://www.reddit.com/r/selfimprovement/comments/1bm7556/my_self_esteem_is_so_low_how_can_i_fix_it/kwb6s7q/', 'this is a great start for temporary relief. however, this covers only the surface. if OP really wants to work on his self-esteem, she or he has to go beyond and unveil the patterns of unworthiness.\xa0', '1bm7556']]], ['u/heavenswordx', 'Whenever you wonder if you’re early, just check out comments in trad media mentioning bitcoin ', 78, '2024-03-24 01:20', 'https://www.reddit.com/r/Bitcoin/comments/1bm7f34/whenever_you_wonder_if_youre_early_just_check_out/', '“Bitcoin is nonsensical”\n“Bitcoin is a societal waste that brings no benefit”\n“Bitcoin doesn’t have a purpose”\n“Bitcoin is only good for scammers”. \n\nWhen the average trad media readers and when the average politicians believes bitcoin is good, that’s when you know that we’re no longer early and have reached mainstream adoption. ', 'https://www.reddit.com/r/Bitcoin/comments/1bm7f34/whenever_you_wonder_if_youre_early_just_check_out/', '1bm7f34', [['u/SmokeAndSkate', 69, '2024-03-24 02:33', 'https://www.reddit.com/r/Bitcoin/comments/1bm7f34/whenever_you_wonder_if_youre_early_just_check_out/kwa4e5d/', 'Occasionally I throw a Bitcoin comment into tradfi investing subs just to make sure I still get downvoted.', '1bm7f34'], ['u/JeffWest01', 23, '2024-03-24 02:36', 'https://www.reddit.com/r/Bitcoin/comments/1bm7f34/whenever_you_wonder_if_youre_early_just_check_out/kwa4r08/', 'Or straight-up banned.', '1bm7f34'], ['u/Skittles_the_Clown', 16, '2024-03-24 02:57', 'https://www.reddit.com/r/Bitcoin/comments/1bm7f34/whenever_you_wonder_if_youre_early_just_check_out/kwa7sah/', 'It’s insane how easy it is to get banned for simply trying to have a civilized discussion about the merits of Bitcoin on other subs.', '1bm7f34']]], ['u/Gapaloo', 'Ankr project changed?', 12, '2024-03-24 01:29', 'https://www.reddit.com/r/Ankrofficial/comments/1bm7lub/ankr_project_changed/', 'I only got into ankr last month because it seemed very interesting and had seemingly good partnerships. \nBut it seems they are heading in a drastically different direction than what they even proposed for ankr 2.0. \nNo more independent nodes and ultra sound is mentioned about but devs don’t want to talk about it. \n\nI think it would be nice to have an actual layout into what Ankr is shooting for, but all we get is “the wave is starting”, then proceed to talk about bitcoin staking and that’s it. \nWhat a tiny wave that isn’t even coming out this year. And the Nvidia announcement was just them visiting the conference, trying to pull the wool over peoples eyes I fear. \n\nSeems like the PR team, the marketing team and the devs are on wildly different levels, would be nice if they were more unified. ', 'https://www.reddit.com/r/Ankrofficial/comments/1bm7lub/ankr_project_changed/', '1bm7lub', [['u/nkdowney', 10, '2024-03-24 03:09', 'https://www.reddit.com/r/Ankrofficial/comments/1bm7lub/ankr_project_changed/kwa9cs0/', 'Reeeeelllaaaxxxxxxx. Patience people my goodness. We have a longggg way to go if we wanna see real gains', '1bm7lub']]], ['u/GetBent1990', 'BTC Halving Update 😀', 114, '2024-03-24 02:38', 'https://www.reddit.com/r/SHIBArmy/comments/1bm91p6/btc_halving_update/', '4/19 @ 2348 ', 'https://i.redd.it/8zcn1cnwr6qc1.jpeg', '1bm91p6', [['u/SadEntrepreneur4354', 13, '2024-03-24 03:12', 'https://www.reddit.com/r/SHIBArmy/comments/1bm91p6/btc_halving_update/kwa9s1h/', "Miners now get half the Bitcoin than they used to. Example after mining a whole block, you get 6 Bitcoin, after the halving you'll get 3 Bitcoin. Happens every 4 years.", '1bm91p6'], ['u/Caboun6828', 14, '2024-03-24 03:22', 'https://www.reddit.com/r/SHIBArmy/comments/1bm91p6/btc_halving_update/kwab386/', ' Nothing happens to the price that will make yall rich unless you are mining and get the la... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81
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:** ["There is no question that stocks have enjoyed a terrific rally since the end of October. That was when investors became convinced the Federal Reserve was done raising interest rates.\nThe Standard & Poor's 500 is up 27 percent since its Oct. 27, 2023, closing low. It's had 20 record closes this year alone.\nThe Nasdaq Composite Index is up 30.4% over the same time frame.\xa0The Nasdaq-100 Index is up 30%.\nAnd the Russell 2000 Index is up 26.6%.\nFed Chairman Jerome Powell said on Wednesday the central bank still expects to cut rates this year, maybe as many as three times on the expectation inflation is sustainably on its way to 2% a year.\nThere seems to be a consensus that the first cut is coming in June.\nAnd, of course, stocks shot up afterward.\nIf traders are right, is there a chance stocks will go, well, parabolic?\nRelated: Tesla stock slumps after startling China decision\nIf you search the Internet, you'll find a loud cadre of prognosticators saying tech stocks are in a bubble, and a crash or at least a serious pullback is imminent.\nGiven the big rally since October, the concern is understandable.\nSo far, however, markets overall aren't buying into the fears.\nWhat one often hears is the enthusiasm for all things artificial intelligence. Bulls argue that the development of AI is the biggest change coming to technology since the Internet became real in the mid-1990s.\nAnd AI may be setting off a bull run not unlike what we saw in the late 1990s.\n2024 is also a Presidential election year, when stocks typically rise about 6%.\nThat helps explain why the Dow Jones Industrial Average and Standard & Poor's 500 indices hit record highs on Thursday. The Nasdaq and Nasdaq-100 Index hit record closes on Friday.\nIt feeds into the interest in Reddit(RDDT). The\xa0social media company\xa0went public at $34 late Wednesday, and its shares jumped 48% to $50.44 on Thursday, its first day of trading. But Friday, however, Reddit fell 8.8% to $46.\nSpencer Platt/Getty Images\nPerhaps the worst scenario one can find from people who have watched markets is voiced by Jeffrey Hirsch, editor-in-chief ofThe Stock Traders Almanac.\nHirsch believes stocks may be flat for the next few months because it's time. Stocks typically see their best gains between November through April and pause until the fall, he notes.\nJon Markman, aSeattle financial plannerwho's bullish for for the foreseeable future, likes small cap stocks generally and the iShares Russell 2000 exchange-trade fund(IWM)and energy shares for the rest of the year.\nThis week may offer a hint of what's to come because investors and traders will have to make decisions largely absent of big, market-moving events. It's a four-day week because U.S. markets will be closed on Friday for Good Friday.\nSo, if momentum is driving markets you should see it before Thursday, if only because\xa0institutional investors will buy what's hot before trading ends for the first quarter, which is Thursday.\nMore AI stock news:\n• Analysts revamp C3.ai stock price targets after earnings\n• Analyst updates stock price target for Super Micro Computer\n• Analysts unveil new Nvidia price targets ahead of 'AI Woodstock' conference\nMeanwhile, there are a few earnings reports of note:\n• GameStop(GME), the world's largest video-game retailer, due Tuesday.\n• McCormick & Co.(MKC), the big merchant of spices, also on Tuesday.\n• Cruise line operator Carnival(CCL)on Wednesday.\n• Walgreens Boots Alliance(WBA), the big pharmacy chain. It was recently removed from the Dow and replaced by Amazon(AMZN).\nThe Commerce Department releases its monthly Personal Consumption Expenditures Price Index report on Friday morning.\nThe PCE is the Fed's favorite inflation indicator because it measures price changes on things people actually buy.\nThe consensus estimate is for the index to show a month-to-month increase of 0.4% in February down from 0.6% in January. The\xa0year-over-year rate likely rose slightly to 4.8%, projects FXStreet. That\xa0suggests, as Powell himself conceded last week, that the path to normalization in price gains will be bumpy.\nEconomists have been low side on inflation estimates lately. The surprisingly strong inflation numbers of late caused Jerome Powell to repeat his mantra that rate cuts will come when inflation is sustainably lower.\nWall Street took that to mean rates will come down. But as one analyst said last week, another high number creates a different conversation.\nThere are many bitcoin enthusiasts who see bitcoin and crypto currencies soaring through the end of the year.\nBitcoin has scuffled a bit of late. Yes, bitcoin has had a big year. It's up 52.6% for the year as of Saturday.\nBut it has fallen nearly 12% since its record close of $73,463 on March 13.\nRelated: Veteran fund manager picks favorite stocks for 2024", 'In this piece, we will take a look at Cathie Wood\'s stock portfolio for 2024. If you want to skip our overview of Wood, her firm, and the latest news revolving around her hedge fund, then you can skip ahead toCathie Wood\'s Stock Portfolio: Top 5 2024 Stock Picks.\nIn contrast to some of the biggest hedge fund managers that aim to diversify their portfolios to capitalize on both growth and value stocks, Cathie Wood and her hedge fund,ARK Investment Management, are purely focused on growth and investments in "technologically enabled innovation that cuts across economic sectors and changes the way our world works." The firm\'s investment strategy encompasses themes such as Autonomous Technology, Robotics, Artificial Intelligence (AI), Blockchain Technology, Multi-Omics, Space Exploration, and Energy Storage. While her funds have garnered attention for their innovative approach, they have also experienced mixed results over the years, with some describing them as rollercoaster rides. ARK Invest experiencing one of its most successful years since its inception in 2017, achieving an impressive 87.4% gain propelled by a 1,300% surge in Grayscale Bitcoin Trust. This performance coincided with Bitcoin reaching record highs of $20,000 per coin.\nHowever, it was in 2020 that Wood established her reputation on Wall Street, delivering a massive 152.5% gain with her flagship fund amidst the pandemic. The fund achieved this by investing in stocks associated with "disruptive innovation," such as Teladoc Health, Inc. (NYSE:TDOC) Roku, Inc. (NASDAQ:ROKU), and Zoom Video Communications, Inc. (NASDAQ:ZM). In addition, Wood\'s ARK Innovation (ARKK) exchange-traded fund (ETF) emerged as the top-performing global equity fund that same year with at least $1 billion of assets. However, as the high-flying pandemic stocks experienced a subsequent downturn, Wood\'s flagship fund underperformed the S&P 500 index by more than 30 basis points in both 2021 and 2022. In addition, the ARKK ETF sharply underperformed the Nasdaq in 2021, closing down 24% compared to the Nasdaq\'s 21.4% advance. This underperformance persisted in 2022, with the ARKK ETF plummeting 67% versus the Nasdaq\'s 33.1% annual loss. However, there was a notable turnaround in 2023, with the ARKK ETF rebounding strongly, posting a 67.6% gain. The tech sector, in particular, faced challenges following the Federal Reserve\'s decision to pursue an aggressive interest rate-hiking campaign last year.\nIn January 2024, Cathie Wood made headlines again when she raised her bullishestimatefor Bitcoin\'s price to $1,500,000 by 2030, marking a 50% increase from her previous prediction of $1 million. Wood attributed the increased likelihood of this optimistic scenario to the recent SEC approval of spot Bitcoin ETFs in the United States, which she views as a green light for the cryptocurrency. On the other hand, the hedge fund manager also anticipates a price of $258,500, while the base case is set at $682,800. ARK Invest supported its projections by pointing to factors such as a higher hash rate, long-term holder supply, and addresses with a non-zero balance.\nHereis what the hedge fund manager had to say to after the SEC\'s Bitcoin ETF approval:\nTypically in a situation like this where there are a lot of competitors, the market consolidates. So we would expect that to happen. We hope and trust that we will be one of the winners. And I think from our pint of view we have some competitive advantages. A lot of people are talking about fees, and I\'ll get to that. But there are three competitive advantages that i think are very important. One, our infrastructure and operations. Our partner 21shares has built this infrastructure, and then operating 40 different funds through booms and busts, through halvings and forks, and airdrops and you know through periods that the ETF industry just has never seen. So our infrastructure is battle tested. The second is research. As you know we give all of our research away. Our first blog on Bitcoin was the year of our founding, 2014. Our first whitepaper, Bitcoin Couldn\'t Serve The Three Roles of Money, we did in collaboration with Art Laffer. In 2015. We gained our first exposure in Bitcoin at $250 and have never left it.\nWith these details in mind, let\'s take a look at some of the best stocks in Cathie Wood\'s stock portfolio. Some notable names in this list include Tesla, Inc. (NASDAQ:TSLA), UiPath Inc. (NYSE:PATH), and Coinbase Global, Inc. (NASDAQ:COIN), among others.\nCathie Wood of ARK Investment Management\nOurMethodology\nWe selected the following 10 stocks from Cathie Wood’s ARK Invest portfolio as of Q4 2023. We have also mentioned the hedge fund sentiment towards each stock, which was assessed from Insider Monkey’s database of 933 elite hedge funds tracked as of the end of the last quarter of 2023. The list is arranged in ascending order of the number of ARK Invest’s stake value in each holding.\nHedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here).\nNumber of Hedge Fund In **Last 60 Days of Bitcoin's Closing Prices:** [40077.07, 39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-24 **Financial & Commodity Data:** - Gold Closing Price: $2158.10 - Crude Oil Closing Price: $80.63 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,261,385,877,138 - Hash Rate: 709422477.8453414 - Transaction Count: 331527.0 - Unique Addresses: 566459.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Coinbase, the leading US-based cryptocurrency exchange, is raising $1 billion through senior convertible notes. These notes act like loans that can be converted into company stock later. The funds will be used to repay existing debt and for general business purposes, according to a company blog post.Accordingto the March 12 announcement, the offering targets institutional investors and comes as Coinbase stock enjoys a two-year high. Convertible notes offer companies a way to raise capital while delaying the dilution of ownership that comes with issuing new stock. Investors benefit from the potential for higher returns if the company's stock price increases. The notes carry an interest rate and mature on April 1, 2030, although Coinbase can repurchase them earlier. The company intends to use the proceeds to repay existing convertible notes with lower interest rates, freeing up resources for future growth. This move follows a similar strategy by MicroStrategy, a major Bitcoin investor, who recently raised $800 million via convertible notes to acquire more BTC. This came after MicroStrategyannounced an additional purchase of 12,000 BTC, making it the company with the most BTC in its corporate treasury. Coinbase's stock price remained flat during the day on March 12 but dipped slightly in after-hours trading following the announcement. Despite the dip, the stock is still up over 63% year-to-date, reflecting the broader cryptocurrency market rally.... - Reddit Posts (Sample): [['u/Complex_Recover4595', 'My self esteem is so low. How can I fix it?', 63, '2024-03-24 01:07', 'https://www.reddit.com/r/selfimprovement/comments/1bm7556/my_self_esteem_is_so_low_how_can_i_fix_it/', 'My self esteem is so so so low. I don’t know why. It makes me angry to know that I don’t know my own worth. I feel like I’m worth so much more than what I put up with and what I go through and I feel like my family and family friends see that, but I feel like outsiders don’t see that and they treat me like sh*t? I don’t know why its so hard for me to make connections outside my inner circle. \n\nBut then I also engage in behaviors that I’m not proud of and which isn’t a reflection of my worth. Some stuff I involved myself in, sending and selling explicit pictures/content of myself on snapchat for money (w privacy 🧿🧿🧿). I got in legal trouble at 17 for st**ling 🧿🧿🧿. I got assaulted by a guy who worked at Goldman Sachs, and wasn’t in a relationship with me and he was so disrespectful to me I felt violated. I was bullied from elementary through high school. I was also a special needs student so I was prone to get “picked on” by the smart kids🧿🧿🧿.Girls are literally so mean to me. This girl hated my guts and literally tried to steal all my family’s assets 🧿🧿🧿.\n\nThis girl was basically dating that guy who abused me. She would constantly make comments like "| be shting on btches" "btches have to be careful with me" or "btches be dumb" or "i be violating btvhes" " I be ending btches" "btches wish they were me" and that she gets guys and how girls wish they were her. She calls her male partners “assets" where she sets girls up with her boyfriends (assets like she mentioned earlier) and then those guys steal financial resources from the girls family.\n\n Her comments made me feel super uncomfortable. And she did in fact did all the things she mentioned to me. And she did all this to me because I gave her an unintentional back massage when I was 15 and she was 18. She yelled at me and told me to back off, I got very teary eyed and apologized, but she didn\'t accept it. And she set me up with one of her "assets" She\'s very egocentric like todays rappers are. I feel violated, humiliated and just insecure. I\'ve never been called such words i\'m the sweetest person in the world and the fact people make me seem like l\'m that, is disgusting.\n\nLike why am I always put in situations where my worth is diminished. It makes me angry when people don’t see my worth. Its like My family has assets they’re educated they’re smart all my family friends are becoming doctors, engineers and lawyers. And then my family suffers because of some dumb rich crackhead. Like why can’t I find my own people? That respect me and see my worth? I want to be successful and happy too. I’m a business major and I feel terrible that I’m not smart as my family friends. ', 'https://www.reddit.com/r/selfimprovement/comments/1bm7556/my_self_esteem_is_so_low_how_can_i_fix_it/', '1bm7556', [['u/Any_Scallion3354', 27, '2024-03-24 01:18', 'https://www.reddit.com/r/selfimprovement/comments/1bm7556/my_self_esteem_is_so_low_how_can_i_fix_it/kw9td0n/', 'Your self esteem is low because you have a long history of being bullied and violated. Please go to therapy and learn how to stand up for yourself and be more assertive with the assholes of the world.', '1bm7556'], ['u/Additional-Emu6623', 12, '2024-03-24 01:23', 'https://www.reddit.com/r/selfimprovement/comments/1bm7556/my_self_esteem_is_so_low_how_can_i_fix_it/kw9u43d/', 'i understand what you’re going through sweetheart ❤️ as a 19yo female i know how horrible girls can be. i think the first step is to cut out toxic stuff. the first step in building self esteem is to build a life that you’re proud of. if you’re struggling with the thought of selling explicit pics, don’t do it! there are other ways to make money. i’m so sorry you’ve gone through so much and that you’re feeling this way. but like i said, self confidence starts with self respect ❤️ if you’re comfortable, i also recommend seeking therapy. they are there to help you! feel free to reply to me here if you ever want advice!', '1bm7556'], ['u/motivemurat', 10, '2024-03-24 01:53', 'https://www.reddit.com/r/selfimprovement/comments/1bm7556/my_self_esteem_is_so_low_how_can_i_fix_it/kw9ylou/', 'Your sense of self-worth and self-esteem should not be tied to external factors. I really like that you acknowledged in your first paragraph that people close to you such as your friends and family see your worth (and the issue being your tying of self-worth to external people outside your circle). However, I would argue that your sense of self-worth shouldn\'t be tied to anything outside of you... to improve confidence and your general self-esteem, you have to look within. The answer is not external (which is of course much easier said than done).\n\nI guess the better question to ask in this situation is: "How can i stop caring about the thoughts of others about me", and most importantly, "How can I stop caring about how people that I dont even like, that I dont even want to be friends with, and people who do bad things thoughts about me". Fundamentally, it\'ll boil down to being proud of whom you are, acknowledging the fact that they are the flawed ones (because being abusive towards anyone is not a normal or right thing to do), and when receiving these type of comments, or being put in uncomfortable situations by these people, know that you are not the one that is flawed. In some sense, dont let their negativity and darkness within them spread to you. See them for whom they are - bad, abusive, negative, jealous people - they don\'t deserve your attention. Focus on you, the ones you love, the ones you care about, and focus on growing stronger within (this is a big topic on its own but is mainly done by working towards whom you want to become, you grow strength from your own achievements - have a list of things you are proud of that you have achieved, reflect on these, and support those whom you love and care about the most).', '1bm7556'], ['u/Brilliant-Purple-591', 11, '2024-03-24 08:20', 'https://www.reddit.com/r/selfimprovement/comments/1bm7556/my_self_esteem_is_so_low_how_can_i_fix_it/kwb6s7q/', 'this is a great start for temporary relief. however, this covers only the surface. if OP really wants to work on his self-esteem, she or he has to go beyond and unveil the patterns of unworthiness.\xa0', '1bm7556']]], ['u/heavenswordx', 'Whenever you wonder if you’re early, just check out comments in trad media mentioning bitcoin ', 78, '2024-03-24 01:20', 'https://www.reddit.com/r/Bitcoin/comments/1bm7f34/whenever_you_wonder_if_youre_early_just_check_out/', '“Bitcoin is nonsensical”\n“Bitcoin is a societal waste that brings no benefit”\n“Bitcoin doesn’t have a purpose”\n“Bitcoin is only good for scammers”. \n\nWhen the average trad media readers and when the average politicians believes bitcoin is good, that’s when you know that we’re no longer early and have reached mainstream adoption. ', 'https://www.reddit.com/r/Bitcoin/comments/1bm7f34/whenever_you_wonder_if_youre_early_just_check_out/', '1bm7f34', [['u/SmokeAndSkate', 69, '2024-03-24 02:33', 'https://www.reddit.com/r/Bitcoin/comments/1bm7f34/whenever_you_wonder_if_youre_early_just_check_out/kwa4e5d/', 'Occasionally I throw a Bitcoin comment into tradfi investing subs just to make sure I still get downvoted.', '1bm7f34'], ['u/JeffWest01', 23, '2024-03-24 02:36', 'https://www.reddit.com/r/Bitcoin/comments/1bm7f34/whenever_you_wonder_if_youre_early_just_check_out/kwa4r08/', 'Or straight-up banned.', '1bm7f34'], ['u/Skittles_the_Clown', 16, '2024-03-24 02:57', 'https://www.reddit.com/r/Bitcoin/comments/1bm7f34/whenever_you_wonder_if_youre_early_just_check_out/kwa7sah/', 'It’s insane how easy it is to get banned for simply trying to have a civilized discussion about the merits of Bitcoin on other subs.', '1bm7f34']]], ['u/Gapaloo', 'Ankr project changed?', 12, '2024-03-24 01:29', 'https://www.reddit.com/r/Ankrofficial/comments/1bm7lub/ankr_project_changed/', 'I only got into ankr last month because it seemed very interesting and had seemingly good partnerships. \nBut it seems they are heading in a drastically different direction than what they even proposed for ankr 2.0. \nNo more independent nodes and ultra sound is mentioned about but devs don’t want to talk about it. \n\nI think it would be nice to have an actual layout into what Ankr is shooting for, but all we get is “the wave is starting”, then proceed to talk about bitcoin staking and that’s it. \nWhat a tiny wave that isn’t even coming out this year. And the Nvidia announcement was just them visiting the conference, trying to pull the wool over peoples eyes I fear. \n\nSeems like the PR team, the marketing team and the devs are on wildly different levels, would be nice if they were more unified. ', 'https://www.reddit.com/r/Ankrofficial/comments/1bm7lub/ankr_project_changed/', '1bm7lub', [['u/nkdowney', 10, '2024-03-24 03:09', 'https://www.reddit.com/r/Ankrofficial/comments/1bm7lub/ankr_project_changed/kwa9cs0/', 'Reeeeelllaaaxxxxxxx. Patience people my goodness. We have a longggg way to go if we wanna see real gains', '1bm7lub']]], ['u/GetBent1990', 'BTC Halving Update 😀', 114, '2024-03-24 02:38', 'https://www.reddit.com/r/SHIBArmy/comments/1bm91p6/btc_halving_update/', '4/19 @ 2348 ', 'https://i.redd.it/8zcn1cnwr6qc1.jpeg', '1bm91p6', [['u/SadEntrepreneur4354', 13, '2024-03-24 03:12', 'https://www.reddit.com/r/SHIBArmy/comments/1bm91p6/btc_halving_update/kwa9s1h/', "Miners now get half the Bitcoin than they used to. Example after mining a whole block, you get 6 Bitcoin, after the halving you'll get 3 Bitcoin. Happens every 4 years.", '1bm91p6'], ['u/Caboun6828', 14, '2024-03-24 03:22', 'https://www.reddit.com/r/SHIBArmy/comments/1bm91p6/btc_halving_update/kwab386/', ' Nothing happens to the price that will make yall rich unless you are mining and get the la... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["CryptoQuant CEO Ki Young Ju has made a prediction regarding the spotBitcoinexchange-traded fund (ETF) market, stating that it could experience a rebound in demand if the price of BTC continues to decline.\nAnalyzing historical net flow trends, Young Ju observed that demand for Bitcoin ETFs tends to rise when the cryptocurrency reaches specific price levels. However, BitMEX Researchrevealsthat spot BTC ETFs have recently seen negative net flows, with outflows from the Grayscale Bitcoin Trust ETF and reduced inflows to other BTC ETFs over the past four trading sessions.\nThe CEO highlighted that new BTC whales, particularly ETF buyers, have an on-chain cost basis of approximately $56,000. If Bitcoin's price were to dip to this level, Young Ju anticipates significant inflows into the ETFs.\nYoung Ju suggests the possibility of a further dip in BTC, as corrections typically result in a drop of around 30%. This could bring Bitcoin's price to approximately $51,000 from its recent all-time high of $73,750. The recent correction in Bitcoin's price was attributed to overheated market conditions, described by analysts as retracement ahead of the upcoming Bitcoin halving event scheduled for April.", "CryptoQuant CEO Ki Young Ju has made a prediction regarding the spotBitcoinexchange-traded fund (ETF) market, stating that it could experience a rebound in demand if the price of BTC continues to decline.\nAnalyzing historical net flow trends, Young Ju observed that demand for Bitcoin ETFs tends to rise when the cryptocurrency reaches specific price levels. However, BitMEX Researchrevealsthat spot BTC ETFs have recently seen negative net flows, with outflows from the Grayscale Bitcoin Trust ETF and reduced inflows to other BTC ETFs over the past four trading sessions.\nThe CEO highlighted that new BTC whales, particularly ETF buyers, have an on-chain cost basis of approximately $56,000. If Bitcoin's price were to dip to this level, Young Ju anticipates significant inflows into the ETFs.\nYoung Ju suggests the possibility of a further dip in BTC, as corrections typically result in a drop of around 30%. This could bring Bitcoin's price to approximately $51,000 from its recent all-time high of $73,750. The recent correction in Bitcoin's price was attributed to overheated market conditions, described by analysts as retracement ahead of the upcoming Bitcoin halving event scheduled for April.", '• Asia\'s business week opened with major cryptos well in the green, and the CD20 up 5%\n• This can partially be attributed to a global easing cycle opening up with Swiss National Bank being the first major central bank to cut rates\nThe crypto market began the Asia trading day in the green, as traders cheered BlackRock\'s foray into asset tokenisation and the beginning of the global central bank easing cycle.\nBitcoin {{BTC}}, the world\'s largest digital asset, traded at $67,300, up 4.9% on a 24-hour basis and ether traded 4.7% higher above $3,400. TheCoinDesk 20 (CD20), a measure of the most liquid cryptocurrencies, was up around 5% at press time.\nBradley Park, an analyst at CryptoQuant, attributes the gains to the market digestingBlackRock\'s fund targeting tokenized productson Ethereum called BUIDL.\nShorts that bet against bitcoin and ether are seeing significant losses. Data source CoinGlass shows that over $100 million in leveraged futures positions have been liquidated in the last 24 hours, with around $60 million in short BTC positions and $42.8 million in short ether positions.\nMeanwhile, BTC may be up as selling pressure from the Grayscale Bitcoin Trust (GBTC)has slowed.Analysts pointto Genesis\' sale of shares as a reason for the uptick in GBTC outflow.\nMacro factors continue to align bullishly. Last week, the Swiss National Bank (SNB) unexpectedly cut the benchmark interest rate, kicking off aglobal easing cycle. The Central Bank of Mexico also cut rates, and the Federal Reserve, the European Central Bank, and the Bank of England laid the groundwork for the so-called liquidity easing in the coming months.\n"Even though a market correction seems long due, the medium term looks pretty upbeat for equities, residential real estate, gold, bitcoin, etc., if this is the case. From this angle, it is unsurprising that #equities and #gold already made fresh all-time highs," founder and manager of the Blokland Smart Multi-Asset Fund,said on X, explaining the onset of the global easing cycle.', '• Asia\'s business week opened with major cryptos well in the green, and the CD20 up 5%\n• This can partially be attributed to a global easing cycle opening up with Swiss National Bank being the first major central bank to cut rates\nThe crypto market began the Asia trading day in the green, as traders cheered BlackRock\'s foray into asset tokenisation and the beginning of the global central bank easing cycle.\nBitcoin {{BTC}}, the world\'s largest digital asset, traded at $67,300, up 4.9% on a 24-hour basis and ether traded 4.7% higher above $3,400. TheCoinDesk 20 (CD20), a measure of the most liquid cryptocurrencies, was up around 5% at press time.\nBradley Park, an analyst at CryptoQuant, attributes the gains to the market digestingBlackRock\'s fund targeting tokenized productson Ethereum called BUIDL.\nShorts that bet against bitcoin and ether are seeing significant losses. Data source CoinGlass shows that over $100 million in leveraged futures positions have been liquidated in the last 24 hours, with around $60 million in short BTC positions and $42.8 million in short ether positions.\nMeanwhile, BTC may be up as selling pressure from the Grayscale Bitcoin Trust (GBTC)has slowed.Analysts pointto Genesis\' sale of shares as a reason for the uptick in GBTC outflow.\nMacro factors continue to align bullishly. Last week, the Swiss National Bank (SNB) unexpectedly cut the benchmark interest rate, kicking off aglobal easing cycle. The Central Bank of Mexico also cut rates, and the Federal Reserve, the European Central Bank, and the Bank of England laid the groundwork for the so-called liquidity easing in the coming months.\n"Even though a market correction seems long due, the medium term looks pretty upbeat for equities, residential real estate, gold, bitcoin, etc., if this is the case. From this angle, it is unsurprising that #equities and #gold already made fresh all-time highs," founder and manager of the Blokland Smart Multi-Asset Fund,said on X, explaining the onset of the global easing cycle.', 'Wall Street giant, BlackRock continues their march forward into the crypto space with a newtokenizedasset fundSECfiling, with $100 million inUSDCseededon-chaintowards the fund. In the same week,Optimismrolled out theirpermissionlessfault proof system on the Sepoliatestnetin a move towards furtherdecentralizationof the Superchain.\nTotal Value Locked(TVL) across all chains dip further as cryptocurrency majors continue on their downtrend, taking down thealtcoinmarket with it. Notable outperformers to the trend includeBitcoinL2,Stacks,Coinbase-backed L2,Base, and Move-based L1s,SuiandAptos.\nSource:https://coinmarketcap.com/chain-ranking/\nWith the AI space heating up as the next big narrative for the crypto space, Crypto Distilled breaks down the AI Agent sector and where it stands today.\nTL;DR:\n• Autonomous agents are the gold standard, being able to detect inputs and act based on their environment. They can self-learn and improve based on inputs and their actions\n• Verification of accuracy and privacy of work done by the AI agent still remains difficult.\n• AI agents could play a significant role in theInternet of Things(IoT) landscape, with agents being able to instruct other bots and machines to streamline current workflows and processes.\nBlackrock files for a tokenized asset fund with the SEC in collaboration with Securitize, seeding $100 million in USDC in the same week on theEthereumblockchain. In true crypto fashion, users have been depositingmemecoinsto the same address and evendustingthe address with ETH tokens fromTornado Cash.\nOther Product Launches and Updates\n• ETH native liquid restaking protocol,EtherFi, releases the second of their trilogy of products, Liquid, an automated vault strategy to optimize yield strategies for assets in theEtherFiecosystem.\n• Vault protocol,Yearn Finance, releases Yearn V3, unveiling new vaults and strategies foryield farmerson Ethereum.YearnV3 vaults bring better automation,composabilityand flexibility to DeFi users.\n• Multi-chaindecentralized exchange(DEX),Paraswap, unveils Augustus v6, the latest update to the protocol for better routing and cheaperswaps. Unfortunately, a bug was uncovered shortly after and the funds were secured in awhite hat hack, with refunds underway to affected users.\n• Cross chainautomated market maker(AMM),Catalyst AMM, opens their final testnet: Tiger. Tiger brings to the protocol multi-chainliquidity pools, instant finality and trust-minimized relaying.\n• On-chain structured products provider,Index Coop, releases ETH2x and BTC2x, intending to provideleveragedexposure to ETH and BTC, powered byAave. These new tokens are designed to replace the existing Flexible Leverage Index (FLI) tokens. Current holders do not need to take any action.\n• F(x) Protocol releases rUSD, astablecoinbacked by liquid restaking tokens. Users can now mint and redeem rUSD while earningliquid stakingyields, FXN token incentives, EtherFi points andEigenLayerpoints.\nOptimism releases itsopen-sourced, permissionless fault proof system on the Sepolia testnet, taking the next step forward to enable fully permissionless withdrawals and deposits onto the chain and chains within Optimism’s Superchain network.\nPortfolio tracker andwalletprovider, Zerion, announces their upcoming L2 chain, Zero, which is expected to launch in late Q2 or early Q3. The chain seeks to offer zerogasfees for users on the chain to help in onboarding new users into crypto.\nBitDAO-backed L2,Mantle, teases the upcoming feat **Last 60 Days of Bitcoin's Closing Prices:** [39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-25 **Financial & Commodity Data:** - Gold Closing Price: $2174.80 - Crude Oil Closing Price: $81.95 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,371,210,867,481 - Hash Rate: 550845688.6799122 - Transaction Count: 317064.0 - Unique Addresses: 623335.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin has led the crypto craze in 2024, performing extremely well and turning heads across the financial sector. The price has continued to rise, and many do not see the bullish momentum ending anytime soon. As exchange-traded funds (ETFs) continue to bring inflows and the upcoming halving potentially serves as a further catalyst, the future outlook for Bitcoin looks promising. A huge number of people have invested in Bitcoin. There are over 50 million Bitcoin wallets with a nonzero balance, and Bitcoin ETFs mean that this number could be even higher. Don't Miss: • If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today. • About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today? With Bitcoin's dominance in 2024, many are looking at the token more as a prospective investment and less as a store of value. After a huge run and setting new highs in 2024, some investors are simply looking for a quick profit on a trade of Bitcoin. This contrasts slightly from the previous bull market in 2020 and 2021. At that time, many saw Bitcoin as a way to hedge against high inflation and as a store of value because of its unique token supply system. Bitcoin's supply is constantly increasing as new tokens are given to miners who verify transactions. However, the amount of tokens given each day will continue to be cut in half every four years in a process known as a halving. This means that the token supply is increasing at a slowing rate, contrasting traditional money supplies,which generally increase exponentially. Bitcoin has strong deflationary properties in terms of token supply that can help the price appreciate faster than inflation. This allows Bitcoin owners to potentially hold an asset that gains buying power over time. This is the essence of Bitcoin as a store of value, as opposed to a speculative investment. Bitcoin fans hold it precisely for this reason. They believe that the buying power of Bitcoin will continue to increase over time. They also see a path for large-scale Bitcoin adoption, meaning that they could eventually make all of their purchases with Bitcoin. Trending: Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast. To back up these ideas, there are a few metrics that deal with the buying power of Bitcoin over time. In particular,a post on X from user @IIICapitalrecently went viral for showing the median U.S. house price in terms of BTC: 2012 – 50,616 BTC 2013 – 19,127 BTC 2014 – 351 BTC 2015 – 901 BTC 2016 – 697 BTC 2017 – 323 BTC 2018 – 24 BTC 2019 – 84 BTC 2020 – 46 BTC 2021 – 10 BTC 2022 – 20 BTC 2023 – 14 BTC 2024 – 7 BTC For reference, the median house in 2012cost around $240,000, while Bitcoin's low in 2012 was around $4.70, leading to about 50,000 BTC per house. In 2024, the median house price is just under $420,000, while Bitcoin recently surpassed $70,000. At that price, the median house is worth six Bitcoin. The data is a bit skewed, using yearly lows in Bitcoin during the early years to inflate the number of Bitcoin per house slightly, but the data is accurate. If you had put a few dollars in Bitcoin in 2012, you could now afford a house priced at more than $450,000. This deflationary aspect of Bitcoin is a key reason that HODLers continue to buy the token. Read Next: • Bitcoin has jumped another 45% already this year –how much would you need to get started today? • Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate? "ACTIVE INVESTORS' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now! Get the latest stock analysis from Benzinga? This articleHow Many Bitcoins Does It Take To Buy A House? The Number Might Surprise Youoriginally appeared onBenzinga.com © 2024 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.
69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["CryptoQuant CEO Ki Young Ju has made a prediction regarding the spotBitcoinexchange-traded fund (ETF) market, stating that it could experience a rebound in demand if the price of BTC continues to decline.\nAnalyzing historical net flow trends, Young Ju observed that demand for Bitcoin ETFs tends to rise when the cryptocurrency reaches specific price levels. However, BitMEX Researchrevealsthat spot BTC ETFs have recently seen negative net flows, with outflows from the Grayscale Bitcoin Trust ETF and reduced inflows to other BTC ETFs over the past four trading sessions.\nThe CEO highlighted that new BTC whales, particularly ETF buyers, have an on-chain cost basis of approximately $56,000. If Bitcoin's price were to dip to this level, Young Ju anticipates significant inflows into the ETFs.\nYoung Ju suggests the possibility of a further dip in BTC, as corrections typically result in a drop of around 30%. This could bring Bitcoin's price to approximately $51,000 from its recent all-time high of $73,750. The recent correction in Bitcoin's price was attributed to overheated market conditions, described by analysts as retracement ahead of the upcoming Bitcoin halving event scheduled for April.", "CryptoQuant CEO Ki Young Ju has made a prediction regarding the spotBitcoinexchange-traded fund (ETF) market, stating that it could experience a rebound in demand if the price of BTC continues to decline.\nAnalyzing historical net flow trends, Young Ju observed that demand for Bitcoin ETFs tends to rise when the cryptocurrency reaches specific price levels. However, BitMEX Researchrevealsthat spot BTC ETFs have recently seen negative net flows, with outflows from the Grayscale Bitcoin Trust ETF and reduced inflows to other BTC ETFs over the past four trading sessions.\nThe CEO highlighted that new BTC whales, particularly ETF buyers, have an on-chain cost basis of approximately $56,000. If Bitcoin's price were to dip to this level, Young Ju anticipates significant inflows into the ETFs.\nYoung Ju suggests the possibility of a further dip in BTC, as corrections typically result in a drop of around 30%. This could bring Bitcoin's price to approximately $51,000 from its recent all-time high of $73,750. The recent correction in Bitcoin's price was attributed to overheated market conditions, described by analysts as retracement ahead of the upcoming Bitcoin halving event scheduled for April.", '• Asia\'s business week opened with major cryptos well in the green, and the CD20 up 5%\n• This can partially be attributed to a global easing cycle opening up with Swiss National Bank being the first major central bank to cut rates\nThe crypto market began the Asia trading day in the green, as traders cheered BlackRock\'s foray into asset tokenisation and the beginning of the global central bank easing cycle.\nBitcoin {{BTC}}, the world\'s largest digital asset, traded at $67,300, up 4.9% on a 24-hour basis and ether traded 4.7% higher above $3,400. TheCoinDesk 20 (CD20), a measure of the most liquid cryptocurrencies, was up around 5% at press time.\nBradley Park, an analyst at CryptoQuant, attributes the gains to the market digestingBlackRock\'s fund targeting tokenized productson Ethereum called BUIDL.\nShorts that bet against bitcoin and ether are seeing significant losses. Data source CoinGlass shows that over $100 million in leveraged futures positions have been liquidated in the last 24 hours, with around $60 million in short BTC positions and $42.8 million in short ether positions.\nMeanwhile, BTC may be up as selling pressure from the Grayscale Bitcoin Trust (GBTC)has slowed.Analysts pointto Genesis\' sale of shares as a reason for the uptick in GBTC outflow.\nMacro factors continue to align bullishly. Last week, the Swiss National Bank (SNB) unexpectedly cut the benchmark interest rate, kicking off aglobal easing cycle. The Central Bank of Mexico also cut rates, and the Federal Reserve, the European Central Bank, and the Bank of England laid the groundwork for the so-called liquidity easing in the coming months.\n"Even though a market correction seems long due, the medium term looks pretty upbeat for equities, residential real estate, gold, bitcoin, etc., if this is the case. From this angle, it is unsurprising that #equities and #gold already made fresh all-time highs," founder and manager of the Blokland Smart Multi-Asset Fund,said on X, explaining the onset of the global easing cycle.', '• Asia\'s business week opened with major cryptos well in the green, and the CD20 up 5%\n• This can partially be attributed to a global easing cycle opening up with Swiss National Bank being the first major central bank to cut rates\nThe crypto market began the Asia trading day in the green, as traders cheered BlackRock\'s foray into asset tokenisation and the beginning of the global central bank easing cycle.\nBitcoin {{BTC}}, the world\'s largest digital asset, traded at $67,300, up 4.9% on a 24-hour basis and ether traded 4.7% higher above $3,400. TheCoinDesk 20 (CD20), a measure of the most liquid cryptocurrencies, was up around 5% at press time.\nBradley Park, an analyst at CryptoQuant, attributes the gains to the market digestingBlackRock\'s fund targeting tokenized productson Ethereum called BUIDL.\nShorts that bet against bitcoin and ether are seeing significant losses. Data source CoinGlass shows that over $100 million in leveraged futures positions have been liquidated in the last 24 hours, with around $60 million in short BTC positions and $42.8 million in short ether positions.\nMeanwhile, BTC may be up as selling pressure from the Grayscale Bitcoin Trust (GBTC)has slowed.Analysts pointto Genesis\' sale of shares as a reason for the uptick in GBTC outflow.\nMacro factors continue to align bullishly. Last week, the Swiss National Bank (SNB) unexpectedly cut the benchmark interest rate, kicking off aglobal easing cycle. The Central Bank of Mexico also cut rates, and the Federal Reserve, the European Central Bank, and the Bank of England laid the groundwork for the so-called liquidity easing in the coming months.\n"Even though a market correction seems long due, the medium term looks pretty upbeat for equities, residential real estate, gold, bitcoin, etc., if this is the case. From this angle, it is unsurprising that #equities and #gold already made fresh all-time highs," founder and manager of the Blokland Smart Multi-Asset Fund,said on X, explaining the onset of the global easing cycle.', 'Wall Street giant, BlackRock continues their march forward into the crypto space with a newtokenizedasset fundSECfiling, with $100 million inUSDCseededon-chaintowards the fund. In the same week,Optimismrolled out theirpermissionlessfault proof system on the Sepoliatestnetin a move towards furtherdecentralizationof the Superchain.\nTotal Value Locked(TVL) across all chains dip further as cryptocurrency majors continue on their downtrend, taking down thealtcoinmarket with it. Notable outperformers to the trend includeBitcoinL2,Stacks,Coinbase-backed L2,Base, and Move-based L1s,SuiandAptos.\nSource:https://coinmarketcap.com/chain-ranking/\nWith the AI space heating up as the next big narrative for the crypto space, Crypto Distilled breaks down the AI Agent sector and where it stands today.\nTL;DR:\n• Autonomous agents are the gold standard, being able to detect inputs and act based on their environment. They can self-learn and improve based on inputs and their actions\n• Verification of accuracy and privacy of work done by the AI agent still remains difficult.\n• AI agents could play a significant role in theInternet of Things(IoT) landscape, with agents being able to instruct other bots and machines to streamline current workflows and processes.\nBlackrock files for a tokenized asset fund with the SEC in collaboration with Securitize, seeding $100 million in USDC in the same week on theEthereumblockchain. In true crypto fashion, users have been depositingmemecoinsto the same address and evendustingthe address with ETH tokens fromTornado Cash.\nOther Product Launches and Updates\n• ETH native liquid restaking protocol,EtherFi, releases the second of their trilogy of products, Liquid, an automated vault strategy to optimize yield strategies for assets in theEtherFiecosystem.\n• Vault protocol,Yearn Finance, releases Yearn V3, unveiling new vaults and strategies foryield farmerson Ethereum.YearnV3 vaults bring better automation,composabilityand flexibility to DeFi users.\n• Multi-chaindecentralized exchange(DEX),Paraswap, unveils Augustus v6, the latest update to the protocol for better routing and cheaperswaps. Unfortunately, a bug was uncovered shortly after and the funds were secured in awhite hat hack, with refunds underway to affected users.\n• Cross chainautomated market maker(AMM),Catalyst AMM, opens their final testnet: Tiger. Tiger brings to the protocol multi-chainliquidity pools, instant finality and trust-minimized relaying.\n• On-chain structured products provider,Index Coop, releases ETH2x and BTC2x, intending to provideleveragedexposure to ETH and BTC, powered byAave. These new tokens are designed to replace the existing Flexible Leverage Index (FLI) tokens. Current holders do not need to take any action.\n• F(x) Protocol releases rUSD, astablecoinbacked by liquid restaking tokens. Users can now mint and redeem rUSD while earningliquid stakingyields, FXN token incentives, EtherFi points andEigenLayerpoints.\nOptimism releases itsopen-sourced, permissionless fault proof system on the Sepolia testnet, taking the next step forward to enable fully permissionless withdrawals and deposits onto the chain and chains within Optimism’s Superchain network.\nPortfolio tracker andwalletprovider, Zerion, announces their upcoming L2 chain, Zero, which is expected to launch in late Q2 or early Q3. The chain seeks to offer zerogasfees for users on the chain to help in onboarding new users into crypto.\nBitDAO-backed L2,Mantle, teases the upcoming feat **Last 60 Days of Bitcoin's Closing Prices:** [39933.81, 41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-25 **Financial & Commodity Data:** - Gold Closing Price: $2174.80 - Crude Oil Closing Price: $81.95 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,371,210,867,481 - Hash Rate: 550845688.6799122 - Transaction Count: 317064.0 - Unique Addresses: 623335.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin has led the crypto craze in 2024, performing extremely well and turning heads across the financial sector. The price has continued to rise, and many do not see the bullish momentum ending anytime soon. As exchange-traded funds (ETFs) continue to bring inflows and the upcoming halving potentially serves as a further catalyst, the future outlook for Bitcoin looks promising. A huge number of people have invested in Bitcoin. There are over 50 million Bitcoin wallets with a nonzero balance, and Bitcoin ETFs mean that this number could be even higher. Don't Miss: • If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,here’s how much you’d have today. • About 22% of the adult population in the U.S. own a share of Bitcoin,how much would $10 get you today? With Bitcoin's dominance in 2024, many are looking at the token more as a prospective investment and less as a store of value. After a huge run and setting new highs in 2024, some investors are simply looking for a quick profit on a trade of Bitcoin. This contrasts slightly from the previous bull market in 2020 and 2021. At that time, many saw Bitcoin as a way to hedge against high inflation and as a store of value because of its unique token supply system. Bitcoin's supply is constantly increasing as new tokens are given to miners who verify transactions. However, the amount of tokens given each day will continue to be cut in half every four years in a process known as a halving. This means that the token supply is increasing at a slowing rate, contrasting traditional money supplies,which generally increase exponentially. Bitcoin has strong deflationary properties in terms of token supply that can help the price appreciate faster than inflation. This allows Bitcoin owners to potentially hold an asset that gains buying power over time. This is the essence of Bitcoin as a store of value, as opposed to a speculative investment. Bitcoin fans hold it precisely for this reason. They believe that the buying power of Bitcoin will continue to increase over time. They also see a path for large-scale Bitcoin adoption, meaning that they could eventually make all of their purchases with Bitcoin. Trending: Bitcoin To $100,000?Here’s what gold bug Peter Schiff said could happen on Anthony Pompliano’s podcast. To back up these ideas, there are a few metrics that deal with the buying power of Bitcoin over time. In particular,a post on X from user @IIICapitalrecently went viral for showing the median U.S. house price in terms of BTC: 2012 – 50,616 BTC 2013 – 19,127 BTC 2014 – 351 BTC 2015 – 901 BTC 2016 – 697 BTC 2017 – 323 BTC 2018 – 24 BTC 2019 – 84 BTC 2020 – 46 BTC 2021 – 10 BTC 2022 – 20 BTC 2023 – 14 BTC 2024 – 7 BTC For reference, the median house in 2012cost around $240,000, while Bitcoin's low in 2012 was around $4.70, leading to about 50,000 BTC per house. In 2024, the median house price is just under $420,000, while Bitcoin recently surpassed $70,000. At that price, the median house is worth six Bitcoin. The data is a bit skewed, using yearly lows in Bitcoin during the early years to inflate the number of Bitcoin per house slightly, but the data is accurate. If you had put a few dollars in Bitcoin in 2012, you could now afford a house priced at more than $450,000. This deflationary aspect of Bitcoin is a key reason that HODLers continue to buy the token. Read Next: • Bitcoin has jumped another 45% already this year –how much would you need to get started today? • Large boom in cryptocurrency and metaverse interest as BTC skyrockets —has Apple Vision Pro increased the demand for virtual real estate? "ACTIVE INVESTORS' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now! Get the latest stock analysis from Benzinga? This articleHow Many Bitcoins Does It Take To Buy A House? The Number Might Surprise Youoriginally appeared onBenzinga.com © 2024 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. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['SINGAPORE,March 25, 2024/PRNewswire/ --OKX Ventures, the investment arm of leading Web3 technology companyOKX, the world\'s leadingcryptocurrencyexchange and Web3 technology company, has issued updates forMarch 25, 2024.\nOKX Ventures Invests in Pre-seed Round forFirstBitcoin-native Data Availability Layer Nubit\nOKX Venturestoday announced its participation in the pre-seed round investment for Nubit, the first scalable data availability layer for theBitcoinecosystem.\nNubitis a scalable and the firstBitcoin-native data availability layer, secured byBitcoin, for theBitcoincommunity. Nubit enables the scaling ofBitcoin\'s data capacities without compromises, empowering applications like Ordinals, Layer 2s, price oracles, and indexers, thereby broadening the scope and efficiency of theBitcoinecosystem. It leverages the innovative consensus algorithm and lightning network to inherit the full censorship-resistant nature ofBitcoin.\nOKX Ventures FounderDora Yuesaid:"We are delighted to invest in Nubit, the first scalable data availability layer for thebitcoinecosystem. Nubit solvesBitcoin\'s biggest pain points such as high transaction costs, while also meeting theBitcoinecosystem\'s needs in terms of minimizing trust, increasing data throughput, and improving data accessibility, paving the way for mass adoption of theBitcoinecosystem. In addition, Nubit\'s test network will be launched soon, which will accelerate its ability to empower moreBitcoinecosystem projects."\nFor further information, please contact:[email protected]\nAbout OKX Ventures\nOKX Ventures is the investment arm of the second-largestcryptoexchange by trading volume and Web3 technology company OKX, with an initial capital commitment ofUSD 100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.\nThrough its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.\nFind out more about OKX Ventureshere.\nDisclaimer\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-ventures-invests-in-pre-seed-round-for-first-bitcoin-native-data-availability-layer-nubit-302098764.html\nSOURCE OKX Ventures', 'SINGAPORE,March 25, 2024/PRNewswire/ --OKX Ventures, the investment arm of leading Web3 technology companyOKX, the world\'s leadingcryptocurrencyexchange and Web3 technology company, has issued updates forMarch 25, 2024.\nOKX Ventures Invests in Pre-seed Round forFirstBitcoin-native Data Availability Layer Nubit\nOKX Venturestoday announced its participation in the pre-seed round investment for Nubit, the first scalable data availability layer for theBitcoinecosystem.\nNubitis a scalable and the firstBitcoin-native data availability layer, secured byBitcoin, for theBitcoincommunity. Nubit enables the scaling ofBitcoin\'s data capacities without compromises, empowering applications like Ordinals, Layer 2s, price oracles, and indexers, thereby broadening the scope and efficiency of theBitcoinecosystem. It leverages the innovative consensus algorithm and lightning network to inherit the full censorship-resistant nature ofBitcoin.\nOKX Ventures FounderDora Yuesaid:"We are delighted to invest in Nubit, the first scalable data availability layer for thebitcoinecosystem. Nubit solvesBitcoin\'s biggest pain points such as high transaction costs, while also meeting theBitcoinecosystem\'s needs in terms of minimizing trust, increasing data throughput, and improving data accessibility, paving the way for mass adoption of theBitcoinecosystem. In addition, Nubit\'s test network will be launched soon, which will accelerate its ability to empower moreBitcoinecosystem projects."\nFor further information, please contact:[email protected]\nAbout OKX Ventures\nOKX Ventures is the investment arm of the second-largestcryptoexchange by trading volume and Web3 technology company OKX, with an initial capital commitment ofUSD 100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.\nThrough its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.\nFind out more about OKX Ventureshere.\nDisclaimer\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-ventures-invests-in-pre-seed-round-for-first-bitcoin-native-data-availability-layer-nubit-302098764.html\nSOURCE OKX Ventures', "Have you been ignoring bitcoin for the past decade or more?\nAre you tired of seeing 'Bitcoin Halving' trend on social ad nauseam?\nAre you a new bitcoin holder facing your first halving?\nIf you answered yes to any...or all...of the above, it's probably time to take a step back and take a moment to fully understand what's probably the biggest event on the crypto calendar. While past performance is no guarantee of future results, the price of bitcoinspiked after each of the last three halvings.\nPique your interest yet? Catch our full breakdown on how the process works and what to expect this April in the video above.\nRelated: Watch for these signs to see if the big market boom has momentum\nJ.D. DURKIN: Imagine putting in the same amount of work time and time again, knowing that no matter what you do, you're going to produce less and less over time. That's the conundrum faced by bitcoin miners everywhere, almost like clockwork, every four years.\nI'm talking of course about bitcoin halving, which many people consider to be the most important event in the calendar for crypto.\nBut first, a few quick basics:\nThere are 21 million bitcoin — and there will only ever be 21 million bitcoin. And while the supply is fixed, more than 90% of all bitcoin have already been mined.\nSimply put, bitcoin mining can be summed up to using specially designed computers to solve complex math equations and create blocks of date, which basically record stores of transactions that can not be changed and can not be deleted.\nAll of crypto — bitcoin included —is decentralized, so transactions are verified using a technique called proof-of-work. It's kind of like doing a really hard math problem and having all your classmates double check your work — and if you're right, your work, or those transactions are added to bitcoin's blockchain. It means that miners compete against one another, and after successful verification, miners are rewarded with brand new bitcoin.\nWhile mining may sound like a mathematical gold mine of unlimited potential, mysterious bitcoin founder Satoshi Nakamoto developed a strict system of limiting the number of bitcoin that can be mined.\nAnd that brings us to 'bitcoin halving.' Baked into bitcoin's original source code is a provision that says the reward for mining gets cut in half over time, in order to ensure that the currency is deflationary. In other words — the idea is that bitcoin will gain, not lose, value over time.\nIt's kind of like a 2-for-1 stock split, except the value – or reward of mining — is actually reduced to keep the price of bitcoin high.\nSo, how do you know when a halving is going to happen? It's built right into bitcoin's source code. After the overall bitcoin network has mined 210,000 blocks, the block reward is cut in half like clockwork.\nTo date we've had three bitcoin halvings: 2012, 2016 and 2020.\nAnd since it takes about four years to mine 210,000 blocks, that brings us to 2024.\nWhat was once a reward of 50 bitcoin was eventually halved to 25...then from 25 to 12.5...and four years ago, from 12.5 to 6.25 BTC.\nThis time around, the reward for mining one block will go — you guessed it — from 6.25 to 3.125 BTC.\nThe process will continue every four years until sometime around 2140, incrementally reducing the reward for bitcoin miners in half each time.\nThere's also notable price action for BTC correlated with each halving: The price of bitcoin increases with increased demand and while past performance is no guarantee of future results, BTC has spiked in the years following each of the three prior halvings.\nAfter the halving event in 2020, bitcoin's price skyrocketed from $9,700 to more than $67,000 within the following year.\nWhat's great for bitcoin's price may prove to be the greatest challenge for bitcoin's miners going forward, and make it more likely that miners will simply look to other tokens for their mining.\nThen again...lots of cryptocurrencies have fixed supply, meaning lots of other halving dates as well. Cutting the reward for mining bitcoin — or any other cryptocurrency — means the same amount of work for increasingly diminishing returns. So come 2140, will we still even be talking about bitcoin mining?", "Have you been ignoring bitcoin for the past decade or more?\nAre you tired of seeing 'Bitcoin Halving' trend on social ad nauseam?\nAre you a new bitcoin holder facing your first halving?\nIf you answered yes to any...or all...of the above, it's probably time to take a step back and take a moment to fully understand what's probably the biggest event on the crypto calendar. While past performance is no guarantee of future results, the price of bitcoinspiked after each of the last three halvings.\nPique your interest yet? Catch our full breakdown on how the process works and what to expect this April in the video above.\nRelated: Watch for these signs to see if the big market boom has momentum\nJ.D. DURKIN: Imagine putting in the same amount of work **Last 60 Days of Bitcoin's Closing Prices:** [41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-26 **Financial & Commodity Data:** - Gold Closing Price: $2175.60 - Crude Oil Closing Price: $81.62 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,375,728,005,138 - Hash Rate: 559191835.4780927 - Transaction Count: 317742.0 - Unique Addresses: 648004.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.81 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • Bitcoin hit a record high of $69,244 on Tuesday, eclipsing its previous record, hit in November 2021. • The cryptocurrency has surged 61% year to date and is up more than 200% over the past year. • Bitcoin has a total market value of $1.32 trillion, according to data from CoinMarketCap. The price of bitcoin hit a record high of $69,244 on Tuesday, according to data from StockCharts. The cryptocurrency eclipsed its prior record of just under $69,000, which was reached in November 2021 before an ensuing bear market led to a 77% price decline by the end of 2022. Since bitcoin bottomed in November 2022, it has soared 345%. The cryptocurrency is up 61% year to date and up more than 200% over the past year. Much of the gains in recent weekshave been driven by demand from spot bitcoin exchange-traded funds, which were approved by the Securities and Exchange Commission in January. Bitcoin ETFs from BlackRock and Fidelity have attracted a combined $17.8 billion in assets. The anticipation of a halving event in April has also contributed to excitement around the cryptocurrency. The halving event refers to the halving of bitcoin mining rewards, which should further limit new supply of the cryptocurrency. Bitcoin now has a total market value of $1.32 trillion, according to data from CoinMarketCap. And some analystsexpect bitcoin to continue hitting record highs, including Katie Stockton of Fairlead Strategies. Stockton said in a Monday note that if bitcoin closed above its "final resistance" level of $64,900 this Sunday, it would signal further upside of about 18% to $80,600. Read the original article onBusiness Insider... - Reddit Posts (Sample): [['u/KamalNehme', 'Dollar rate suddenly stabilized at 89,000lbp lol... What happened?', 63, '2024-03-26 00:03', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/', "The dollar rate used to go up and down more than bitcoin's price, the rate would drastically change from morning till after noon, and now suddenly the rate is stable at 89,000 for the past 5 6 months and nobody is questioning anything, just going along with it... \n\n\nJust curious from economical point of view, what suddenly happened lol, did the people in charge of the apps just got bored? \n\n\nNeed the finance peoples input here, i just find it super weird and super funny and super sad....all at the same time 😂", 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/', '1bns1hn', [['u/throwaway90019_hs', 25, '2024-03-26 00:14', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwk9j4s/', 'Didnt the goverment accept 89k as the "new peg"', '1bns1hn'], ['u/NoidZ', 15, '2024-03-26 00:27', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwkbszg/', 'Official new PEG', '1bns1hn'], ['u/EducationalTicket103', 52, '2024-03-26 00:28', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwkbyoe/', "You're absolutely right. And everyone seems to think this is normal...", '1bns1hn'], ['u/ProgsRS', 39, '2024-03-26 00:42', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwke2aa/', 'Who remembers PEZ, great candy', '1bns1hn'], ['u/ProgsRS', 21, '2024-03-26 00:49', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwkf9sf/', "Since this is Lebanon and not a single criminal has been held accountable and they're still in charge, probably some corruption scheme where the elite are enriching themselves further. Lebanese Pounds are worth no more than Monopoly paper and they're toying with and milking what's left of the collapsed economy.\n\nProbably using worthless LBP to buy and stash more USD. While the peg was much lower than that, they were buying USD at the official rates from their cronies and selling in the black market for around 10x more.", '1bns1hn'], ['u/kaskoosek', 14, '2024-03-26 01:16', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwkjih9/', 'Usually, maintaining a peg costs usd and not the other way around.\n\nIn order to maintain a peg, the government would need to either balance the budget or or do outright purchases of lbp using foreign reserves.\n\nThe budget has been more or less balanced because a lot of the government revenue has been recalibrated to 89000 while expenses of salaries has not been readjusted.', '1bns1hn'], ['u/Strong-Age9985', 20, '2024-03-26 01:43', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwknvu5/', 'Did you know that Wassim Mansouri came in place of Riad Saleme temporarily?\nI don’t know who the guy is, or what sect he is, but i can tell you this:\nWhen he was asked to govern the central bank, he had one main request, not negotiable, that he would not lend money to the government.\nThey didn’t accept at first but didn’t find a better replacement so they caved in. Prepare for a disaster when a new governor is elected.\n\nI have a friend who works in the Central Bank he told me all about it.', '1bns1hn'], ['u/Azrayeel', 11, '2024-03-26 05:54', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwlmtsj/', "It started off with Riad 💩 reducing the total amount of LBP notes in the market greatly by opening the limit on the worst ever transaction known to men. Bring as man LBP you want to the bank. We return them to you as USD and take commission. Forgot the circular number of the transaction. Was it 161?\n\nAnyways, after it served its purpose, and mostly all exchangers + bankers made a shit tons of profit out of it, they finally stopped it.\n\nSo now, you have a market that doesn't have a huge number of LBP notes in it, and many of the public sector are/were having their wages given in USD.", '1bns1hn']]], ['u/_Eddro', 'Bitcoin Profit Taking', 14, '2024-03-26 01:07', 'https://www.reddit.com/r/BitcoinBeginners/comments/1bntl77/bitcoin_profit_taking/', 'Do you have a system for long-term Bitcoin profit-taking?', 'https://www.reddit.com/r/BitcoinBeginners/comments/1bntl77/bitcoin_profit_taking/', '1bntl77', [['u/bitusher', 18, '2024-03-26 01:15', 'https://www.reddit.com/r/BitcoinBeginners/comments/1bntl77/bitcoin_profit_taking/kwkjg1c/', 'No plans to take profits(just accumulating before this date) before the year 2029 for this reason \n\nhttps://old.reddit.com/r/BitcoinBeginners/comments/1b2lzd8/the_ultimate_question_about_bitcoin_and_its_value/ksmctd3/\n\nIf you are in the USA, its wise to wait at least 1 year for long term cap gains. Additionally, If you "take profits" its much wiser to spend the BTC directly or sell to someone wanting to invest in Bitcoin instead of sell for fiat on an exchange. Another "rule" is never "go full fiat"', '1bntl77'], ['u/AlternativeGazelle', 14, '2024-03-26 02:28', 'https://www.reddit.com/r/BitcoinBeginners/comments/1bntl77/bitcoin_profit_taking/kwkv4bc/', "I'll start to diversify some when I have enough to retire. \n\nListen to Saylor talk. Rich people don't look for opportunities to convert strong assets to cash. It's a bad idea to try to time the market. Just keep putting money into BTC and ride the roller coaster. The volatility works in your favor as long as the long term trend is up.\n\nOne area where I differ from Saylor and Bitcoin maxis is on the subject of diversification. Rich people do diversify. I'll plan to do that when I have enough to retire, but always hold a healthy amount of BTC.", '1bntl77']]], ['u/Every_Hunt_160', 'Will the SEC delay Ethereum’s push to $4k ?', 13, '2024-03-26 01:48', 'https://www.reddit.com/r/ethtrader/comments/1bnujrd/will_the_sec_delay_ethereums_push_to_4k/', 'Ethereum stands at a crucial juncture, with its eyes set on the $4,000 price mark. \n\nAmid this ambitious pursuit, the digital asset faces a significant challenge that could influence its trajectory: scrutiny from the US Securities and Exchange Commission (SEC).\n\nNews source: https://www.newsbtc.com/news/ethereum/ethereum-rocky-road-to-4000-will-sec-hurdles-derail-its-bullish-journey/amp/', 'https://www.reddit.com/r/ethtrader/comments/1bnujrd/will_the_sec_delay_ethereums_push_to_4k/', '1bnujrd', [['u/Friendly-Airline2426', 18, '2024-03-26 01:54', 'https://www.reddit.com/r/ethtrader/comments/1bnujrd/will_the_sec_delay_ethereums_push_to_4k/kwkpo8x/', "I think the days when the SEC had a huge impact on Eth's price are long gone.\n\nWe simply do not care anymore, we're way too bullish.", '1bnujrd'], ['u/Prestigious_Lemon482', 15, '2024-03-26 01:57', 'https://www.reddit.com/r/ethtrader/comments/1bnujrd/will_the_sec_delay_ethereums_push_to_4k/kwkq8l1/', "No is the simple answer.\n\nThe crypto market isn't in a bull run because people want ETH ETFs. Yes that helps but it's the reason. \n\nBitcoin halving is and this cyclic pattern. Bitcoin ETF. ETH upgrade. All of this will push ETH well past $5k", '1bnujrd']]], ['u/AreaFifty1', 'What were you doing in 2010 when Bitcoin was virtually unknown?', 17, '2024-03-26 02:06', 'https://www.reddit.com/r/Bitcoin/comments/1bnuxlt/what_were_you_doing_in_2010_when_bitcoin_was/', 'I was playing games all day and never heard of it until 2018 🤦\u200d♂️🤦\u200d♂️', 'https://www.reddit.com/r/Bitcoin/comments/1bnuxlt/what_were_you_doing_in_2010_when_bitcoin_was/', '1bnuxlt', [['u/hateschoolfml', 12, '2024-03-26 02:58', 'https://www.reddit.com/r/Bitcoin/comments/1bnuxlt/what_were_you_doing_in_2010_when_bitcoin_was/kwkzvyz/', 'Probably freeze tag in grade 4', '1bnuxlt'], ['u/Illustrous_potentate', 13, '2024-03-26 04:17', 'https://www.reddit.com/r/Bitcoin/comments/1bnuxlt/what_were_you_doing_in_2010_when_bitcoin_was/kwlbgpn/', 'Buying silver. Barf.', '1bnuxlt']]], ['u/9nij', 'bitcoin consultant', 27, '2024-03-26 02:40', 'https://www.reddit.com/r/Lawyertalk/comments/1bnvp2y/bitcoin_consultant/', 'I\'ve had it. I dont understand this stuff. I can only read so many blogs about the "decentralized network" and "miners solve complex math problems". I pride myself on being able to help clients but I just cannot with this bitcoin shit. i dont get it. Does anyone know someone who can explain this stuff to me? Does that exist? I will pay my own hourly rate for some god damned white glove help', 'https://www.reddit.com/r/Lawyertalk/comments/1bnvp2y/bitcoin_consultant/', '1bnvp2y', [['u/annual_confiscation', 20, '2024-03-26 03:14', 'https://www.reddit.com/r/Lawyertalk/comments/1bnvp2y/bitcoin_consultant/kwl29io/', "Ha! I know a guy. He is expensive but worth it. don't want to get removed for linking but its strategicblockchainservices dot com. He takes appts but can be hard to get", '1bnvp2y'], ['u/LucidLeviathan', 19, '2024-03-26 03:50', 'https://www.reddit.com/r/Lawyertalk/comments/1bnvp2y/bitcoin_consultant/kwl7mdb/', 'Ultimately, for our purposes, all you need to know are the following:\n\n* Computers solve math problems and upload their solutions to the cloud.\n* The servers translate those solutions into bitcoins.\n* People believe that bitcoins have value and are willing to pay real currency for them.\n* Bitcoin is handled in a manner not unlike numbered Swiss bank accounts. If you have the private and public information for a "wallet" that contains bitcoin, you have access to the contents of that wallet.\n\nUnless you have something specific or technical that you want to know, that should cover the basics.', '1bnvp2y'], ['u/MTB_SF', 44, '2024-03-26 04:06', 'https://www.reddit.com/r... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64
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:** ['SINGAPORE,March 25, 2024/PRNewswire/ --OKX Ventures, the investment arm of leading Web3 technology companyOKX, the world\'s leadingcryptocurrencyexchange and Web3 technology company, has issued updates forMarch 25, 2024.\nOKX Ventures Invests in Pre-seed Round forFirstBitcoin-native Data Availability Layer Nubit\nOKX Venturestoday announced its participation in the pre-seed round investment for Nubit, the first scalable data availability layer for theBitcoinecosystem.\nNubitis a scalable and the firstBitcoin-native data availability layer, secured byBitcoin, for theBitcoincommunity. Nubit enables the scaling ofBitcoin\'s data capacities without compromises, empowering applications like Ordinals, Layer 2s, price oracles, and indexers, thereby broadening the scope and efficiency of theBitcoinecosystem. It leverages the innovative consensus algorithm and lightning network to inherit the full censorship-resistant nature ofBitcoin.\nOKX Ventures FounderDora Yuesaid:"We are delighted to invest in Nubit, the first scalable data availability layer for thebitcoinecosystem. Nubit solvesBitcoin\'s biggest pain points such as high transaction costs, while also meeting theBitcoinecosystem\'s needs in terms of minimizing trust, increasing data throughput, and improving data accessibility, paving the way for mass adoption of theBitcoinecosystem. In addition, Nubit\'s test network will be launched soon, which will accelerate its ability to empower moreBitcoinecosystem projects."\nFor further information, please contact:[email protected]\nAbout OKX Ventures\nOKX Ventures is the investment arm of the second-largestcryptoexchange by trading volume and Web3 technology company OKX, with an initial capital commitment ofUSD 100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.\nThrough its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.\nFind out more about OKX Ventureshere.\nDisclaimer\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-ventures-invests-in-pre-seed-round-for-first-bitcoin-native-data-availability-layer-nubit-302098764.html\nSOURCE OKX Ventures', 'SINGAPORE,March 25, 2024/PRNewswire/ --OKX Ventures, the investment arm of leading Web3 technology companyOKX, the world\'s leadingcryptocurrencyexchange and Web3 technology company, has issued updates forMarch 25, 2024.\nOKX Ventures Invests in Pre-seed Round forFirstBitcoin-native Data Availability Layer Nubit\nOKX Venturestoday announced its participation in the pre-seed round investment for Nubit, the first scalable data availability layer for theBitcoinecosystem.\nNubitis a scalable and the firstBitcoin-native data availability layer, secured byBitcoin, for theBitcoincommunity. Nubit enables the scaling ofBitcoin\'s data capacities without compromises, empowering applications like Ordinals, Layer 2s, price oracles, and indexers, thereby broadening the scope and efficiency of theBitcoinecosystem. It leverages the innovative consensus algorithm and lightning network to inherit the full censorship-resistant nature ofBitcoin.\nOKX Ventures FounderDora Yuesaid:"We are delighted to invest in Nubit, the first scalable data availability layer for thebitcoinecosystem. Nubit solvesBitcoin\'s biggest pain points such as high transaction costs, while also meeting theBitcoinecosystem\'s needs in terms of minimizing trust, increasing data throughput, and improving data accessibility, paving the way for mass adoption of theBitcoinecosystem. In addition, Nubit\'s test network will be launched soon, which will accelerate its ability to empower moreBitcoinecosystem projects."\nFor further information, please contact:[email protected]\nAbout OKX Ventures\nOKX Ventures is the investment arm of the second-largestcryptoexchange by trading volume and Web3 technology company OKX, with an initial capital commitment ofUSD 100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.\nThrough its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.\nFind out more about OKX Ventureshere.\nDisclaimer\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-ventures-invests-in-pre-seed-round-for-first-bitcoin-native-data-availability-layer-nubit-302098764.html\nSOURCE OKX Ventures', "Have you been ignoring bitcoin for the past decade or more?\nAre you tired of seeing 'Bitcoin Halving' trend on social ad nauseam?\nAre you a new bitcoin holder facing your first halving?\nIf you answered yes to any...or all...of the above, it's probably time to take a step back and take a moment to fully understand what's probably the biggest event on the crypto calendar. While past performance is no guarantee of future results, the price of bitcoinspiked after each of the last three halvings.\nPique your interest yet? Catch our full breakdown on how the process works and what to expect this April in the video above.\nRelated: Watch for these signs to see if the big market boom has momentum\nJ.D. DURKIN: Imagine putting in the same amount of work time and time again, knowing that no matter what you do, you're going to produce less and less over time. That's the conundrum faced by bitcoin miners everywhere, almost like clockwork, every four years.\nI'm talking of course about bitcoin halving, which many people consider to be the most important event in the calendar for crypto.\nBut first, a few quick basics:\nThere are 21 million bitcoin — and there will only ever be 21 million bitcoin. And while the supply is fixed, more than 90% of all bitcoin have already been mined.\nSimply put, bitcoin mining can be summed up to using specially designed computers to solve complex math equations and create blocks of date, which basically record stores of transactions that can not be changed and can not be deleted.\nAll of crypto — bitcoin included —is decentralized, so transactions are verified using a technique called proof-of-work. It's kind of like doing a really hard math problem and having all your classmates double check your work — and if you're right, your work, or those transactions are added to bitcoin's blockchain. It means that miners compete against one another, and after successful verification, miners are rewarded with brand new bitcoin.\nWhile mining may sound like a mathematical gold mine of unlimited potential, mysterious bitcoin founder Satoshi Nakamoto developed a strict system of limiting the number of bitcoin that can be mined.\nAnd that brings us to 'bitcoin halving.' Baked into bitcoin's original source code is a provision that says the reward for mining gets cut in half over time, in order to ensure that the currency is deflationary. In other words — the idea is that bitcoin will gain, not lose, value over time.\nIt's kind of like a 2-for-1 stock split, except the value – or reward of mining — is actually reduced to keep the price of bitcoin high.\nSo, how do you know when a halving is going to happen? It's built right into bitcoin's source code. After the overall bitcoin network has mined 210,000 blocks, the block reward is cut in half like clockwork.\nTo date we've had three bitcoin halvings: 2012, 2016 and 2020.\nAnd since it takes about four years to mine 210,000 blocks, that brings us to 2024.\nWhat was once a reward of 50 bitcoin was eventually halved to 25...then from 25 to 12.5...and four years ago, from 12.5 to 6.25 BTC.\nThis time around, the reward for mining one block will go — you guessed it — from 6.25 to 3.125 BTC.\nThe process will continue every four years until sometime around 2140, incrementally reducing the reward for bitcoin miners in half each time.\nThere's also notable price action for BTC correlated with each halving: The price of bitcoin increases with increased demand and while past performance is no guarantee of future results, BTC has spiked in the years following each of the three prior halvings.\nAfter the halving event in 2020, bitcoin's price skyrocketed from $9,700 to more than $67,000 within the following year.\nWhat's great for bitcoin's price may prove to be the greatest challenge for bitcoin's miners going forward, and make it more likely that miners will simply look to other tokens for their mining.\nThen again...lots of cryptocurrencies have fixed supply, meaning lots of other halving dates as well. Cutting the reward for mining bitcoin — or any other cryptocurrency — means the same amount of work for increasingly diminishing returns. So come 2140, will we still even be talking about bitcoin mining?", "Have you been ignoring bitcoin for the past decade or more?\nAre you tired of seeing 'Bitcoin Halving' trend on social ad nauseam?\nAre you a new bitcoin holder facing your first halving?\nIf you answered yes to any...or all...of the above, it's probably time to take a step back and take a moment to fully understand what's probably the biggest event on the crypto calendar. While past performance is no guarantee of future results, the price of bitcoinspiked after each of the last three halvings.\nPique your interest yet? Catch our full breakdown on how the process works and what to expect this April in the video above.\nRelated: Watch for these signs to see if the big market boom has momentum\nJ.D. DURKIN: Imagine putting in the same amount of work **Last 60 Days of Bitcoin's Closing Prices:** [41816.87, 42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-26 **Financial & Commodity Data:** - Gold Closing Price: $2175.60 - Crude Oil Closing Price: $81.62 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,375,728,005,138 - Hash Rate: 559191835.4780927 - Transaction Count: 317742.0 - Unique Addresses: 648004.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.81 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • Bitcoin hit a record high of $69,244 on Tuesday, eclipsing its previous record, hit in November 2021. • The cryptocurrency has surged 61% year to date and is up more than 200% over the past year. • Bitcoin has a total market value of $1.32 trillion, according to data from CoinMarketCap. The price of bitcoin hit a record high of $69,244 on Tuesday, according to data from StockCharts. The cryptocurrency eclipsed its prior record of just under $69,000, which was reached in November 2021 before an ensuing bear market led to a 77% price decline by the end of 2022. Since bitcoin bottomed in November 2022, it has soared 345%. The cryptocurrency is up 61% year to date and up more than 200% over the past year. Much of the gains in recent weekshave been driven by demand from spot bitcoin exchange-traded funds, which were approved by the Securities and Exchange Commission in January. Bitcoin ETFs from BlackRock and Fidelity have attracted a combined $17.8 billion in assets. The anticipation of a halving event in April has also contributed to excitement around the cryptocurrency. The halving event refers to the halving of bitcoin mining rewards, which should further limit new supply of the cryptocurrency. Bitcoin now has a total market value of $1.32 trillion, according to data from CoinMarketCap. And some analystsexpect bitcoin to continue hitting record highs, including Katie Stockton of Fairlead Strategies. Stockton said in a Monday note that if bitcoin closed above its "final resistance" level of $64,900 this Sunday, it would signal further upside of about 18% to $80,600. Read the original article onBusiness Insider... - Reddit Posts (Sample): [['u/KamalNehme', 'Dollar rate suddenly stabilized at 89,000lbp lol... What happened?', 63, '2024-03-26 00:03', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/', "The dollar rate used to go up and down more than bitcoin's price, the rate would drastically change from morning till after noon, and now suddenly the rate is stable at 89,000 for the past 5 6 months and nobody is questioning anything, just going along with it... \n\n\nJust curious from economical point of view, what suddenly happened lol, did the people in charge of the apps just got bored? \n\n\nNeed the finance peoples input here, i just find it super weird and super funny and super sad....all at the same time 😂", 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/', '1bns1hn', [['u/throwaway90019_hs', 25, '2024-03-26 00:14', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwk9j4s/', 'Didnt the goverment accept 89k as the "new peg"', '1bns1hn'], ['u/NoidZ', 15, '2024-03-26 00:27', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwkbszg/', 'Official new PEG', '1bns1hn'], ['u/EducationalTicket103', 52, '2024-03-26 00:28', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwkbyoe/', "You're absolutely right. And everyone seems to think this is normal...", '1bns1hn'], ['u/ProgsRS', 39, '2024-03-26 00:42', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwke2aa/', 'Who remembers PEZ, great candy', '1bns1hn'], ['u/ProgsRS', 21, '2024-03-26 00:49', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwkf9sf/', "Since this is Lebanon and not a single criminal has been held accountable and they're still in charge, probably some corruption scheme where the elite are enriching themselves further. Lebanese Pounds are worth no more than Monopoly paper and they're toying with and milking what's left of the collapsed economy.\n\nProbably using worthless LBP to buy and stash more USD. While the peg was much lower than that, they were buying USD at the official rates from their cronies and selling in the black market for around 10x more.", '1bns1hn'], ['u/kaskoosek', 14, '2024-03-26 01:16', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwkjih9/', 'Usually, maintaining a peg costs usd and not the other way around.\n\nIn order to maintain a peg, the government would need to either balance the budget or or do outright purchases of lbp using foreign reserves.\n\nThe budget has been more or less balanced because a lot of the government revenue has been recalibrated to 89000 while expenses of salaries has not been readjusted.', '1bns1hn'], ['u/Strong-Age9985', 20, '2024-03-26 01:43', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwknvu5/', 'Did you know that Wassim Mansouri came in place of Riad Saleme temporarily?\nI don’t know who the guy is, or what sect he is, but i can tell you this:\nWhen he was asked to govern the central bank, he had one main request, not negotiable, that he would not lend money to the government.\nThey didn’t accept at first but didn’t find a better replacement so they caved in. Prepare for a disaster when a new governor is elected.\n\nI have a friend who works in the Central Bank he told me all about it.', '1bns1hn'], ['u/Azrayeel', 11, '2024-03-26 05:54', 'https://www.reddit.com/r/lebanon/comments/1bns1hn/dollar_rate_suddenly_stabilized_at_89000lbp_lol/kwlmtsj/', "It started off with Riad 💩 reducing the total amount of LBP notes in the market greatly by opening the limit on the worst ever transaction known to men. Bring as man LBP you want to the bank. We return them to you as USD and take commission. Forgot the circular number of the transaction. Was it 161?\n\nAnyways, after it served its purpose, and mostly all exchangers + bankers made a shit tons of profit out of it, they finally stopped it.\n\nSo now, you have a market that doesn't have a huge number of LBP notes in it, and many of the public sector are/were having their wages given in USD.", '1bns1hn']]], ['u/_Eddro', 'Bitcoin Profit Taking', 14, '2024-03-26 01:07', 'https://www.reddit.com/r/BitcoinBeginners/comments/1bntl77/bitcoin_profit_taking/', 'Do you have a system for long-term Bitcoin profit-taking?', 'https://www.reddit.com/r/BitcoinBeginners/comments/1bntl77/bitcoin_profit_taking/', '1bntl77', [['u/bitusher', 18, '2024-03-26 01:15', 'https://www.reddit.com/r/BitcoinBeginners/comments/1bntl77/bitcoin_profit_taking/kwkjg1c/', 'No plans to take profits(just accumulating before this date) before the year 2029 for this reason \n\nhttps://old.reddit.com/r/BitcoinBeginners/comments/1b2lzd8/the_ultimate_question_about_bitcoin_and_its_value/ksmctd3/\n\nIf you are in the USA, its wise to wait at least 1 year for long term cap gains. Additionally, If you "take profits" its much wiser to spend the BTC directly or sell to someone wanting to invest in Bitcoin instead of sell for fiat on an exchange. Another "rule" is never "go full fiat"', '1bntl77'], ['u/AlternativeGazelle', 14, '2024-03-26 02:28', 'https://www.reddit.com/r/BitcoinBeginners/comments/1bntl77/bitcoin_profit_taking/kwkv4bc/', "I'll start to diversify some when I have enough to retire. \n\nListen to Saylor talk. Rich people don't look for opportunities to convert strong assets to cash. It's a bad idea to try to time the market. Just keep putting money into BTC and ride the roller coaster. The volatility works in your favor as long as the long term trend is up.\n\nOne area where I differ from Saylor and Bitcoin maxis is on the subject of diversification. Rich people do diversify. I'll plan to do that when I have enough to retire, but always hold a healthy amount of BTC.", '1bntl77']]], ['u/Every_Hunt_160', 'Will the SEC delay Ethereum’s push to $4k ?', 13, '2024-03-26 01:48', 'https://www.reddit.com/r/ethtrader/comments/1bnujrd/will_the_sec_delay_ethereums_push_to_4k/', 'Ethereum stands at a crucial juncture, with its eyes set on the $4,000 price mark. \n\nAmid this ambitious pursuit, the digital asset faces a significant challenge that could influence its trajectory: scrutiny from the US Securities and Exchange Commission (SEC).\n\nNews source: https://www.newsbtc.com/news/ethereum/ethereum-rocky-road-to-4000-will-sec-hurdles-derail-its-bullish-journey/amp/', 'https://www.reddit.com/r/ethtrader/comments/1bnujrd/will_the_sec_delay_ethereums_push_to_4k/', '1bnujrd', [['u/Friendly-Airline2426', 18, '2024-03-26 01:54', 'https://www.reddit.com/r/ethtrader/comments/1bnujrd/will_the_sec_delay_ethereums_push_to_4k/kwkpo8x/', "I think the days when the SEC had a huge impact on Eth's price are long gone.\n\nWe simply do not care anymore, we're way too bullish.", '1bnujrd'], ['u/Prestigious_Lemon482', 15, '2024-03-26 01:57', 'https://www.reddit.com/r/ethtrader/comments/1bnujrd/will_the_sec_delay_ethereums_push_to_4k/kwkq8l1/', "No is the simple answer.\n\nThe crypto market isn't in a bull run because people want ETH ETFs. Yes that helps but it's the reason. \n\nBitcoin halving is and this cyclic pattern. Bitcoin ETF. ETH upgrade. All of this will push ETH well past $5k", '1bnujrd']]], ['u/AreaFifty1', 'What were you doing in 2010 when Bitcoin was virtually unknown?', 17, '2024-03-26 02:06', 'https://www.reddit.com/r/Bitcoin/comments/1bnuxlt/what_were_you_doing_in_2010_when_bitcoin_was/', 'I was playing games all day and never heard of it until 2018 🤦\u200d♂️🤦\u200d♂️', 'https://www.reddit.com/r/Bitcoin/comments/1bnuxlt/what_were_you_doing_in_2010_when_bitcoin_was/', '1bnuxlt', [['u/hateschoolfml', 12, '2024-03-26 02:58', 'https://www.reddit.com/r/Bitcoin/comments/1bnuxlt/what_were_you_doing_in_2010_when_bitcoin_was/kwkzvyz/', 'Probably freeze tag in grade 4', '1bnuxlt'], ['u/Illustrous_potentate', 13, '2024-03-26 04:17', 'https://www.reddit.com/r/Bitcoin/comments/1bnuxlt/what_were_you_doing_in_2010_when_bitcoin_was/kwlbgpn/', 'Buying silver. Barf.', '1bnuxlt']]], ['u/9nij', 'bitcoin consultant', 27, '2024-03-26 02:40', 'https://www.reddit.com/r/Lawyertalk/comments/1bnvp2y/bitcoin_consultant/', 'I\'ve had it. I dont understand this stuff. I can only read so many blogs about the "decentralized network" and "miners solve complex math problems". I pride myself on being able to help clients but I just cannot with this bitcoin shit. i dont get it. Does anyone know someone who can explain this stuff to me? Does that exist? I will pay my own hourly rate for some god damned white glove help', 'https://www.reddit.com/r/Lawyertalk/comments/1bnvp2y/bitcoin_consultant/', '1bnvp2y', [['u/annual_confiscation', 20, '2024-03-26 03:14', 'https://www.reddit.com/r/Lawyertalk/comments/1bnvp2y/bitcoin_consultant/kwl29io/', "Ha! I know a guy. He is expensive but worth it. don't want to get removed for linking but its strategicblockchainservices dot com. He takes appts but can be hard to get", '1bnvp2y'], ['u/LucidLeviathan', 19, '2024-03-26 03:50', 'https://www.reddit.com/r/Lawyertalk/comments/1bnvp2y/bitcoin_consultant/kwl7mdb/', 'Ultimately, for our purposes, all you need to know are the following:\n\n* Computers solve math problems and upload their solutions to the cloud.\n* The servers translate those solutions into bitcoins.\n* People believe that bitcoins have value and are willing to pay real currency for them.\n* Bitcoin is handled in a manner not unlike numbered Swiss bank accounts. If you have the private and public information for a "wallet" that contains bitcoin, you have access to the contents of that wallet.\n\nUnless you have something specific or technical that you want to know, that should cover the basics.', '1bnvp2y'], ['u/MTB_SF', 44, '2024-03-26 04:06', 'https://www.reddit.com/r... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["• Stocks slipped again on Monday, extedning losses to a third straight session.\n• On Tuesday, February's US durable goods orders rose for the first time in three months.\n• Investors are waiting for new PCE data to come out Friday, alongside comments from Jerome Powell.\nUS stocks dropped again on Tuesday, losing steam late in the day after traders looked to restart a rally that stalled out last Friday.\nMomentum has carried equities higher for the better part of five months now, though investors appear to be taking a breather the last three days following the market's record-setting run last week after the Federal Reserve's dovish March meeting.\nTuesday offered investors promising data, with February's US durable goods orders rising for the first time in three months. While that signals optimism among firms, consumer confidence also held steady, according to the Conference Board.\nThis week, investors are gearing for the latest personal consumption expenditures report on Friday. Median forecasts of core PCE, the Federal Reserve's preferred inflation gauge, expect a 2.8% rise.\nWhile markets will be closed that day for Easter holidays, Friday will also feature comments from Fed Chairman Jerome Powell, potentially offering clues as to future monetary policy.\nThat's after previous Fedspeak on Monday, with President Raphael Bostic noting expectations of one rate cut this year.\nAside from Powell, Fed Gov. Christopher Waller and San Francisco Fed President Mary Daly will speak Wednesday and Friday.\nAmong notable stock movers on Tuesday, Donald Trump's Truth Social made its market debut,soaring 59%under the DJT ticker.\nHere's where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 5,203.58, down 0.28%\n• Dow Jones Industrial Average: 39,282.33, 0.08% (-31.31 points)\n• Nasdaq Composite: 16,315.70, 0.42%\nHere's what else is going on today:\n• The Baltimore bridge collapse rippled throughtransportation and coal-mining shares worldwide.\n• Microsoft could jump 18% this yearwith a new $500 price target from Wedbush Securities.\n• Greed and complacency,not fundamentals, are driving stocks up, David Rosenberg says.\n• Analysts have stopped talking about bitcoin's potential use. Instead, it'sall about the price upside.\nIn commodities, bonds, and crypto:\n• Oil prices dropped.West Texas Intermediatecrude slid 0.6% to $81.47 a barrel.Brent crude, the international benchmark, fell 0.8% to $86.02 a barrel.\n• Goldclimbed by 0.2% to $2,176.61 per ounce.\n• The 10-year Treasury fell two basis points to 4.23%.\n• Bitcoinslumped 0.29% to $69,848.\nRead the original article onBusiness Insider", 'Panasonic, the renowned tech giant, has joined forces withJasmy (JASMY)blockchain to introduce a groundbreaking Web3 platform that will facilitate the seamless connection of personal data on the Internet-of-Things (IoT). The collaboration between the Japanese-based blockchain and Panasonic Advanced Technology was initiated in February, but the officialannouncementwas made on March 26.\nThe newly developed platform, based on Jasmy\'s innovative Personal Data Locker product, aims to provide a secure data storage solution while granting users full control over access to their data. Additionally, it aims to enhance data processing and reaction times. The platform will adopt agile development methods coupled with Web3 technology, with a strong emphasis on speed. The intention is to create an open platform that can be widely utilized in various fields. Through this approach, the project envisions recruiting a large user base and fostering broad adoption.\nJasmy\'s Chief Financial Officer, Hiroshi Harada (known as Hara on social media),revealedon X that the decentralized personal data platform is expected to be constructed within the next 3 to 6 months. According to the information available on the Jasmy website, the Personal Data Locker manages only hash values on the blockchain, while the actual data files are stored in a decentralized network. This architecture ensures that the performance of the system is not hindered by limitations such as storage capacity of individual blocks or large file sizes.\nFounded in 2016 by former Sony executives, Jasmy made headlines in 2021 when it listed its native cryptocurrency, JasmyCoin (JASMY), on exchanges. The company has been dubbed "Japan\'s Bitcoin" and operates a unique system where merchants pay Jasmy to access data stored within the platform, while data owners are rewarded with JASMY tokens.\nThe news of the partnership between Panasonic and Jasmy has led to a 3% gain in JASMY over the past 24 hours. Trading volume surged by over 100% to $256 million. The token is up 42.8% in the past month.', '• Crypto exchange KuCoin and two of its founders were charged with violating anti-money laundering laws by U.S. federal prosecutors.\n• Homeland Security Investigations Special Agent Darren McCormack called KuCoin "an alleged multibillion-dollar criminal conspiracy."\n• KuCoin’s native token {{KCS}} dropped by 5% after the announcement.\nU.S. federal prosecutors charged crypto exchange KuCoin and two of its founders with violating anti-money laundering laws on Tuesday, saying the exchange operated in the U.S., lied to at least one of its investors about operating in the U.S. and failed to both register with U.S. government entities and maintain an anti-money laundering program.\nThe U.S. Department of Justicesaidin an indictment that KuCoin and founders Chun Gan and Ke Tang operated KuCoin as a money-transmitting business with over 30 million customers but did not implement a know-your-customer (KYC) or AML program until 2023 – and even then, its KYC program did not apply to existing customers. Neither Gan nor Tang were arrested, the DOJ said in a press release.\nThe DOJ indictment said that KuCoin did not register with the U.S. Financial Crimes Enforcement Network as a money services business.\nBecause it did not implement any KYC or AML programs, KuCoin "made itself available to be used, and in fact was used, as a vehicle for laundering the proceeds of suspicious and criminal activities, including proceeds from sanctions violations, darknet markets, and malware, ransomware, and fraud schemes," the indictment said.\nThe indictment pointed to allegations that KuCoin "indirectly received a total of more than $3.2 million worth of cryptocurrency from Tornado Cash," a sanctioned crypto mixer. KuCoin was mentioned in criminal filings against two of Tornado Cash\'s developers, Alexey Pertsev (whose trial in The Netherlands began earlier Tuesday) and Roman Storm (who\'s set to go on trial in the U.S. later this year).\nThe Commodity Futures Trading Commission alsofileda suit against KuCoin Tuesday, alleging the company, which offers both spot and futures trading services, did not register as a futures commission merchant, swap execution facility or designated contract market. Its suit also charged that KuCoin didn\'t implement the CFTC\'s equivalent of a KYC program.\nThe CFTC is seeking monetary penalties, trading and registration bans and an injunction, while the DOJ is seeking forfeiture alongside criminal penalties.\nIn a statement, Homeland Security Investigations Special Agent in Charge Darren McCormack called KuCoin "an alleged multibillion-dollar criminal conspiracy," noting it was one of the largest crypto exchanges.\nU.S. Attorney Damien Williams said in a statement that KuCoin actively tried to hide that "substantial numbers of U.S. users were trading" on its platform.\n"Indeed, KuCoin allegedly took advantage of its sizeable U.S. customer base to become one of the world’s largest cryptocurrency derivatives and spot exchanges, with billions of dollars of daily trades and trillions of dollars of annual trade volume," he said." As alleged, in failing to implement even basic anti-money laundering policies, the defendants allowed KuCoin to operate in the shadows of the financial markets and be used as a haven for illicit money laundering, with KuCoin receiving over $5 billion and sending over $4 billion of suspicious and criminal funds."\nKuCoin’s native token (KCS) dropped by 5% following the announcement. Bitcoin\'s {{BTC}} price dropped 1% but has been volatile throughout the day and is trading around $70,000.\nTuesday\'s actions come just months after the DOJ, CFTC and Treasury Departmentsettled similar charges against Binance, the world\'s largest crypto exchange by trading volume.\nUPDATE (March 26, 2024, 15:25 UTC):Adds additional detail.\nUPDATE (March 26, 15:40 UTC):Adds more details from the CFTC and DOJ filings.', "• Asset manager VSFG and Value Partners have together applied for a spot bitcoin ETF in Hong Kong.\n• SFC is likely to allow in-kind creations and redemptions for spot bitcoin ETFs, Bloomberg reported earlier this week.\nAsset manager VSFG, together with its partner, Value Partners, have applied for a spot-bitcoin exchange-traded fund (ETF) with Hong Kong’s Securities and Futures Commission (SFC), VSFG's Head of Investment and Products Brian Chan told CoinDesk on Wednesday.\nEarlier this week, areport from Bloomberg Intelligencesaid the SFC is likely to allow in-kind creations and redemptions for spot bitcoin ETFs in the second quarter of this year.\nIn December 2023, less than two weeks after nearly a dozen applicants won approval for spot bitcoin ETFs in the U.S., Hong Kong regulators saidthey were ready to consider applications for spot crypto ETFs.\nIn January,Harvest Global Investments, a major asset-management company in China, purportedly became the first to apply for a spot bitcoin exchange-traded fund (ETF) with the SFC. As many as 10 financial institutions have planned to apply to launch bitcoin ETFs in Hong Kong, local reports havepreviously said.\nHong Kong firm Venture Smart Financial Holdings has also said it will file a spot bitcoin ETF application, according toBloomberg.\nHong Kong’s regulators have been attempting to loosen their grip on c **Last 60 Days of Bitcoin's Closing Prices:** [42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-27 **Financial & Commodity Data:** - Gold Closing Price: $2190.60 - Crude Oil Closing Price: $81.35 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,361,484,297,881 - Hash Rate: 567537982.2762733 - Transaction Count: 355902.0 - Unique Addresses: 637151.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.83 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin(CRYPTO: BTC)hit an important milestone in February, surpassing $50,000 for the first time since December 2021. The cryptocurrency has gained 120% over the past year as economic optimism led to a rotation into risk assets. More recently, the approval of spot Bitcoin exchange-traded funds has also contributed to its price appreciation. However, Cathie Wood's Ark Invest sees Bitcoin moving much higher. Ark analysts have proposed a bull-case price target of $1.48 million by 2030, implying 2,860% upside from its current price. Should that estimate prove accurate, $10,000 invested in Bitcoin today would be worth about $296,000 by the end of the decade. Here's what investors should know about this cryptocurrency. Bitcoin has been a phenomenal investment over the last five years. In fact, investors would have been hard-pressed to find a better place to put their money. Thecryptocurrencyreturned 1,140% between January 2019 and January 2024, compounding at 65% annually. That monster growth easily tops other major asset classes. During the same five-year period, commodities returned 5.4% annually, emerging market equities returned 1.4% annually, theS&P 500returned 14.3% annually, U.S. fixed income returned 0.8% annually, and high-yield corporate bonds returned 4.4% annually, according toMorgan Stanley. Better yet, Bitcoin also outperformed those asset classes in four of the last five years, meaning its robust returns were not driven by one exceptionally good year. [{"Asset Class": "Bitcoin", "2019": "85%", "2020": "309%", "2021": "61%", "2022": "(65%)", "2023": "154%"}, {"Asset Class": "Commodities", "2019": "10%", "2020": "(3%)", "2021": "31%", "2022": "21%", "2023": "(4%)"}, {"Asset Class": "Emerging markets", "2019": "20%", "2020": "15%", "2021": "1%", "2022": "(18%)", "2023": "10%"}, {"Asset Class": "S&P 500", "2019": "29%", "2020": "16%", "2021": "27%", "2022": "(19%)", "2023": "24%"}, {"Asset Class": "U.S. fixed income", "2019": "8%", "2020": "7%", "2021": "(1%)", "2022": "(12%)", "2023": "6%"}, {"Asset Class": "U.S. high-yield corporate bonds", "2019": "15%", "2020": "7%", "2021": "5%", "2022": "(11%)", "2023": "13%"}] Data source: YCharts, Dow Jones Commodity Index, Dow Jones Emerging Markets Index, S&P U.S. Aggregate Bond Index, and S&P U.S. High-Yield Corporate Bond Index. All percentages have been rounded to the nearest whole number. As shown in the table, Bitcoin was consistently a rewarding investment over the last five years. It was also a volatile investment. The cryptocurrency fell more than 50% on three occasions. But patient investors have been well rewarded for enduring that volatility. According to Ark Invest, "Historically, investors who bought and held Bitcoin for at least five years have profited, no matter when they made their purchases." Bitcoin launched in 2009, so it doesn't have a terribly long history. Bitcoin's price depends on supply and demand, like any other asset. But Bitcoin is somewhat atypical because its supply is finite. Specifically, its source code reduces mining rewards by 50% each time 210,000 blocks are added to the blockchain, roughly once every four years. That mechanism is known as Bitcoin halving, and Bitcoin supply is limited to 21 million coins. To that end, demand is the only variable of consequence where Bitcoin is concerned, and two major catalysts could boost demand in the coming years: 1. Spot Bitcoin ETFs:The Securities and Exchange Commission (SEC) recently approved11 spot Bitcoin ETFs, funds that track the price of Bitcoin. Retail and institutional investors can now get direct exposure to the cryptocurrency without the hassle of specialized exchanges and storage solutions. In short, spot Bitcoin ETFs reduce friction, and they could boost demand in a big way because some of the largest asset managers in the world -- like No. 1BlackRockand No. 3 Fidelity -- are participating as issuers. 2. Bitcoin halving:The next Bitcoin halving event will occur in April. The mining reward will fall from 6.5 Bitcoin per block to 3.25 Bitcoin per block, which will effectively boost demand by reducing selling. Miners currently sell about $12 billion in Bitcoin per year, according toMicroStrategyCEO Michael Saylor. But the next halving event will cut that selling pressure in half, simply because miners will bring in half as much Bitcoin over the next four years. Ark Invest believes catalysts will drive Bitcoin much higher in the coming years. The firm has outlined three distinct price targets. Its bear case values Bitcoin at $258,500 by 2030, implying 417% upside. The base case values Bitcoin at $682,800 by 2030, implying 1,265% upside. And the bull case values Bitcoin at $1.48 million by 2030, implying 2,860% upside. Cathie Wood recently told CNBC that the bull case has become more probable following the approval of spot Bitcoin ETFs. Sensational price targets are fun to consider, but investors should focus on facts rather than speculation. In this situation, the facts are straightforward: Bitcoin has been an excellent investment over the last five years, and its price could continue rising as spot Bitcoin ETFs and the next halving event boost demand. However, Bitcoin was also a volatile investment over the last five years, and the cryptocurrency market is rife with regulatory uncertainty. Patient investors comfortable with those drawbacks could consider keeping a small percentage of their portfolios in Bitcoin, provided they are willing to hold the cryptocurrency for at least five years. I would personally limit my initial exposure to 5% at most. Should you invest $1,000 in Bitcoin right now? Before you buy stock in Bitcoin, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of S&P 500 since 2002*. See the 10 stocks *Stock Advisor returns as of February 12, 2024 Trevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy. 1 Superior Cryptocurrency to Buy Before It Soars 2,860%, According to Cathie Wood's Ark Investwas originally published by The Motley Fool... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11
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:** ["• Stocks slipped again on Monday, extedning losses to a third straight session.\n• On Tuesday, February's US durable goods orders rose for the first time in three months.\n• Investors are waiting for new PCE data to come out Friday, alongside comments from Jerome Powell.\nUS stocks dropped again on Tuesday, losing steam late in the day after traders looked to restart a rally that stalled out last Friday.\nMomentum has carried equities higher for the better part of five months now, though investors appear to be taking a breather the last three days following the market's record-setting run last week after the Federal Reserve's dovish March meeting.\nTuesday offered investors promising data, with February's US durable goods orders rising for the first time in three months. While that signals optimism among firms, consumer confidence also held steady, according to the Conference Board.\nThis week, investors are gearing for the latest personal consumption expenditures report on Friday. Median forecasts of core PCE, the Federal Reserve's preferred inflation gauge, expect a 2.8% rise.\nWhile markets will be closed that day for Easter holidays, Friday will also feature comments from Fed Chairman Jerome Powell, potentially offering clues as to future monetary policy.\nThat's after previous Fedspeak on Monday, with President Raphael Bostic noting expectations of one rate cut this year.\nAside from Powell, Fed Gov. Christopher Waller and San Francisco Fed President Mary Daly will speak Wednesday and Friday.\nAmong notable stock movers on Tuesday, Donald Trump's Truth Social made its market debut,soaring 59%under the DJT ticker.\nHere's where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 5,203.58, down 0.28%\n• Dow Jones Industrial Average: 39,282.33, 0.08% (-31.31 points)\n• Nasdaq Composite: 16,315.70, 0.42%\nHere's what else is going on today:\n• The Baltimore bridge collapse rippled throughtransportation and coal-mining shares worldwide.\n• Microsoft could jump 18% this yearwith a new $500 price target from Wedbush Securities.\n• Greed and complacency,not fundamentals, are driving stocks up, David Rosenberg says.\n• Analysts have stopped talking about bitcoin's potential use. Instead, it'sall about the price upside.\nIn commodities, bonds, and crypto:\n• Oil prices dropped.West Texas Intermediatecrude slid 0.6% to $81.47 a barrel.Brent crude, the international benchmark, fell 0.8% to $86.02 a barrel.\n• Goldclimbed by 0.2% to $2,176.61 per ounce.\n• The 10-year Treasury fell two basis points to 4.23%.\n• Bitcoinslumped 0.29% to $69,848.\nRead the original article onBusiness Insider", 'Panasonic, the renowned tech giant, has joined forces withJasmy (JASMY)blockchain to introduce a groundbreaking Web3 platform that will facilitate the seamless connection of personal data on the Internet-of-Things (IoT). The collaboration between the Japanese-based blockchain and Panasonic Advanced Technology was initiated in February, but the officialannouncementwas made on March 26.\nThe newly developed platform, based on Jasmy\'s innovative Personal Data Locker product, aims to provide a secure data storage solution while granting users full control over access to their data. Additionally, it aims to enhance data processing and reaction times. The platform will adopt agile development methods coupled with Web3 technology, with a strong emphasis on speed. The intention is to create an open platform that can be widely utilized in various fields. Through this approach, the project envisions recruiting a large user base and fostering broad adoption.\nJasmy\'s Chief Financial Officer, Hiroshi Harada (known as Hara on social media),revealedon X that the decentralized personal data platform is expected to be constructed within the next 3 to 6 months. According to the information available on the Jasmy website, the Personal Data Locker manages only hash values on the blockchain, while the actual data files are stored in a decentralized network. This architecture ensures that the performance of the system is not hindered by limitations such as storage capacity of individual blocks or large file sizes.\nFounded in 2016 by former Sony executives, Jasmy made headlines in 2021 when it listed its native cryptocurrency, JasmyCoin (JASMY), on exchanges. The company has been dubbed "Japan\'s Bitcoin" and operates a unique system where merchants pay Jasmy to access data stored within the platform, while data owners are rewarded with JASMY tokens.\nThe news of the partnership between Panasonic and Jasmy has led to a 3% gain in JASMY over the past 24 hours. Trading volume surged by over 100% to $256 million. The token is up 42.8% in the past month.', '• Crypto exchange KuCoin and two of its founders were charged with violating anti-money laundering laws by U.S. federal prosecutors.\n• Homeland Security Investigations Special Agent Darren McCormack called KuCoin "an alleged multibillion-dollar criminal conspiracy."\n• KuCoin’s native token {{KCS}} dropped by 5% after the announcement.\nU.S. federal prosecutors charged crypto exchange KuCoin and two of its founders with violating anti-money laundering laws on Tuesday, saying the exchange operated in the U.S., lied to at least one of its investors about operating in the U.S. and failed to both register with U.S. government entities and maintain an anti-money laundering program.\nThe U.S. Department of Justicesaidin an indictment that KuCoin and founders Chun Gan and Ke Tang operated KuCoin as a money-transmitting business with over 30 million customers but did not implement a know-your-customer (KYC) or AML program until 2023 – and even then, its KYC program did not apply to existing customers. Neither Gan nor Tang were arrested, the DOJ said in a press release.\nThe DOJ indictment said that KuCoin did not register with the U.S. Financial Crimes Enforcement Network as a money services business.\nBecause it did not implement any KYC or AML programs, KuCoin "made itself available to be used, and in fact was used, as a vehicle for laundering the proceeds of suspicious and criminal activities, including proceeds from sanctions violations, darknet markets, and malware, ransomware, and fraud schemes," the indictment said.\nThe indictment pointed to allegations that KuCoin "indirectly received a total of more than $3.2 million worth of cryptocurrency from Tornado Cash," a sanctioned crypto mixer. KuCoin was mentioned in criminal filings against two of Tornado Cash\'s developers, Alexey Pertsev (whose trial in The Netherlands began earlier Tuesday) and Roman Storm (who\'s set to go on trial in the U.S. later this year).\nThe Commodity Futures Trading Commission alsofileda suit against KuCoin Tuesday, alleging the company, which offers both spot and futures trading services, did not register as a futures commission merchant, swap execution facility or designated contract market. Its suit also charged that KuCoin didn\'t implement the CFTC\'s equivalent of a KYC program.\nThe CFTC is seeking monetary penalties, trading and registration bans and an injunction, while the DOJ is seeking forfeiture alongside criminal penalties.\nIn a statement, Homeland Security Investigations Special Agent in Charge Darren McCormack called KuCoin "an alleged multibillion-dollar criminal conspiracy," noting it was one of the largest crypto exchanges.\nU.S. Attorney Damien Williams said in a statement that KuCoin actively tried to hide that "substantial numbers of U.S. users were trading" on its platform.\n"Indeed, KuCoin allegedly took advantage of its sizeable U.S. customer base to become one of the world’s largest cryptocurrency derivatives and spot exchanges, with billions of dollars of daily trades and trillions of dollars of annual trade volume," he said." As alleged, in failing to implement even basic anti-money laundering policies, the defendants allowed KuCoin to operate in the shadows of the financial markets and be used as a haven for illicit money laundering, with KuCoin receiving over $5 billion and sending over $4 billion of suspicious and criminal funds."\nKuCoin’s native token (KCS) dropped by 5% following the announcement. Bitcoin\'s {{BTC}} price dropped 1% but has been volatile throughout the day and is trading around $70,000.\nTuesday\'s actions come just months after the DOJ, CFTC and Treasury Departmentsettled similar charges against Binance, the world\'s largest crypto exchange by trading volume.\nUPDATE (March 26, 2024, 15:25 UTC):Adds additional detail.\nUPDATE (March 26, 15:40 UTC):Adds more details from the CFTC and DOJ filings.', "• Asset manager VSFG and Value Partners have together applied for a spot bitcoin ETF in Hong Kong.\n• SFC is likely to allow in-kind creations and redemptions for spot bitcoin ETFs, Bloomberg reported earlier this week.\nAsset manager VSFG, together with its partner, Value Partners, have applied for a spot-bitcoin exchange-traded fund (ETF) with Hong Kong’s Securities and Futures Commission (SFC), VSFG's Head of Investment and Products Brian Chan told CoinDesk on Wednesday.\nEarlier this week, areport from Bloomberg Intelligencesaid the SFC is likely to allow in-kind creations and redemptions for spot bitcoin ETFs in the second quarter of this year.\nIn December 2023, less than two weeks after nearly a dozen applicants won approval for spot bitcoin ETFs in the U.S., Hong Kong regulators saidthey were ready to consider applications for spot crypto ETFs.\nIn January,Harvest Global Investments, a major asset-management company in China, purportedly became the first to apply for a spot bitcoin exchange-traded fund (ETF) with the SFC. As many as 10 financial institutions have planned to apply to launch bitcoin ETFs in Hong Kong, local reports havepreviously said.\nHong Kong firm Venture Smart Financial Holdings has also said it will file a spot bitcoin ETF application, according toBloomberg.\nHong Kong’s regulators have been attempting to loosen their grip on c **Last 60 Days of Bitcoin's Closing Prices:** [42120.05, 42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-27 **Financial & Commodity Data:** - Gold Closing Price: $2190.60 - Crude Oil Closing Price: $81.35 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,361,484,297,881 - Hash Rate: 567537982.2762733 - Transaction Count: 355902.0 - Unique Addresses: 637151.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.83 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin(CRYPTO: BTC)hit an important milestone in February, surpassing $50,000 for the first time since December 2021. The cryptocurrency has gained 120% over the past year as economic optimism led to a rotation into risk assets. More recently, the approval of spot Bitcoin exchange-traded funds has also contributed to its price appreciation. However, Cathie Wood's Ark Invest sees Bitcoin moving much higher. Ark analysts have proposed a bull-case price target of $1.48 million by 2030, implying 2,860% upside from its current price. Should that estimate prove accurate, $10,000 invested in Bitcoin today would be worth about $296,000 by the end of the decade. Here's what investors should know about this cryptocurrency. Bitcoin has been a phenomenal investment over the last five years. In fact, investors would have been hard-pressed to find a better place to put their money. Thecryptocurrencyreturned 1,140% between January 2019 and January 2024, compounding at 65% annually. That monster growth easily tops other major asset classes. During the same five-year period, commodities returned 5.4% annually, emerging market equities returned 1.4% annually, theS&P 500returned 14.3% annually, U.S. fixed income returned 0.8% annually, and high-yield corporate bonds returned 4.4% annually, according toMorgan Stanley. Better yet, Bitcoin also outperformed those asset classes in four of the last five years, meaning its robust returns were not driven by one exceptionally good year. [{"Asset Class": "Bitcoin", "2019": "85%", "2020": "309%", "2021": "61%", "2022": "(65%)", "2023": "154%"}, {"Asset Class": "Commodities", "2019": "10%", "2020": "(3%)", "2021": "31%", "2022": "21%", "2023": "(4%)"}, {"Asset Class": "Emerging markets", "2019": "20%", "2020": "15%", "2021": "1%", "2022": "(18%)", "2023": "10%"}, {"Asset Class": "S&P 500", "2019": "29%", "2020": "16%", "2021": "27%", "2022": "(19%)", "2023": "24%"}, {"Asset Class": "U.S. fixed income", "2019": "8%", "2020": "7%", "2021": "(1%)", "2022": "(12%)", "2023": "6%"}, {"Asset Class": "U.S. high-yield corporate bonds", "2019": "15%", "2020": "7%", "2021": "5%", "2022": "(11%)", "2023": "13%"}] Data source: YCharts, Dow Jones Commodity Index, Dow Jones Emerging Markets Index, S&P U.S. Aggregate Bond Index, and S&P U.S. High-Yield Corporate Bond Index. All percentages have been rounded to the nearest whole number. As shown in the table, Bitcoin was consistently a rewarding investment over the last five years. It was also a volatile investment. The cryptocurrency fell more than 50% on three occasions. But patient investors have been well rewarded for enduring that volatility. According to Ark Invest, "Historically, investors who bought and held Bitcoin for at least five years have profited, no matter when they made their purchases." Bitcoin launched in 2009, so it doesn't have a terribly long history. Bitcoin's price depends on supply and demand, like any other asset. But Bitcoin is somewhat atypical because its supply is finite. Specifically, its source code reduces mining rewards by 50% each time 210,000 blocks are added to the blockchain, roughly once every four years. That mechanism is known as Bitcoin halving, and Bitcoin supply is limited to 21 million coins. To that end, demand is the only variable of consequence where Bitcoin is concerned, and two major catalysts could boost demand in the coming years: 1. Spot Bitcoin ETFs:The Securities and Exchange Commission (SEC) recently approved11 spot Bitcoin ETFs, funds that track the price of Bitcoin. Retail and institutional investors can now get direct exposure to the cryptocurrency without the hassle of specialized exchanges and storage solutions. In short, spot Bitcoin ETFs reduce friction, and they could boost demand in a big way because some of the largest asset managers in the world -- like No. 1BlackRockand No. 3 Fidelity -- are participating as issuers. 2. Bitcoin halving:The next Bitcoin halving event will occur in April. The mining reward will fall from 6.5 Bitcoin per block to 3.25 Bitcoin per block, which will effectively boost demand by reducing selling. Miners currently sell about $12 billion in Bitcoin per year, according toMicroStrategyCEO Michael Saylor. But the next halving event will cut that selling pressure in half, simply because miners will bring in half as much Bitcoin over the next four years. Ark Invest believes catalysts will drive Bitcoin much higher in the coming years. The firm has outlined three distinct price targets. Its bear case values Bitcoin at $258,500 by 2030, implying 417% upside. The base case values Bitcoin at $682,800 by 2030, implying 1,265% upside. And the bull case values Bitcoin at $1.48 million by 2030, implying 2,860% upside. Cathie Wood recently told CNBC that the bull case has become more probable following the approval of spot Bitcoin ETFs. Sensational price targets are fun to consider, but investors should focus on facts rather than speculation. In this situation, the facts are straightforward: Bitcoin has been an excellent investment over the last five years, and its price could continue rising as spot Bitcoin ETFs and the next halving event boost demand. However, Bitcoin was also a volatile investment over the last five years, and the cryptocurrency market is rife with regulatory uncertainty. Patient investors comfortable with those drawbacks could consider keeping a small percentage of their portfolios in Bitcoin, provided they are willing to hold the cryptocurrency for at least five years. I would personally limit my initial exposure to 5% at most. Should you invest $1,000 in Bitcoin right now? Before you buy stock in Bitcoin, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of S&P 500 since 2002*. See the 10 stocks *Stock Advisor returns as of February 12, 2024 Trevor Jennewinehas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy. 1 Superior Cryptocurrency to Buy Before It Soars 2,860%, According to Cathie Wood's Ark Investwas originally published by The Motley Fool... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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 snapped a three-day losing streak, with major indexes rising Wednesday.\n• The S&P 500 is poised to close out its best first quarter since 2019.\n• Investors are waiting on more Fedspeak and economic data later this week.\nUS stocks jumped on Wednesday, bouncing back from a three-day losing streak with traders hoping to close the market\'s best first quarter in five years.\nMajor averages ticked higher, with the Dow Jones Industrial Average soaring more than 475 points.\nThe benchmark S&P 500, with a gain of more than 9.5% so far this year, is on track for the best first three months of the year since 2019.\nInvestors are waiting on remarks from Fed Governor Christopher Waller after the closing bell, as well as a slew of economic data points coming out later this week. February\'s personal consumption expenditures reading, the Fed\'s favorite gauge of inflation, will be released Friday morning and will serve as a key input for central bankers when deciding the pace of rate cuts this year.\n"The Fed\'s Chris Waller may offer a rebuke of Jay Powell\'s dovishness today. While not dismissing the prospect of a June cut, Waller may point to sturdy US aggregate demand and \'sticky\' inflation in the January and February data to justify fewer rate cuts," Thierry Wizman, a strategist at Macquarie said in a note on Wednesday.\nMarkets are largely expecting the Fed to cut rates three times by December, in line with what central bankers have forecast for the year. Investors are pricing in a 73% chance the Fed could cut rates 75 basis points or more, according to theCME FedWatch tool.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Wednesday:\n• S&P 500: 5,248.50, up 0.86%\n• Dow Jones Industrial Average: 39,760.08, up 1.22% (+477.75 points)\n• Nasdaq Composite: 16,399.52, up 0.51%\nHere\'s what else is going on today:\n• Tesla stock will fall another 33%as it\'s too expensive and lacks upside catalysts, Bernstein analysts said.\n• Robinhood stock surgedafter the company launched a solid gold credit card with 3% cash back.\n• China\'s industrial push could destabilize the global economy, Treasury Secretary Janet Yellen warned.\n• Bitcoin\'s halving could force miners to risk operating in cheaper locationswith less reliable power grids.\nIn commodities, bonds, and crypto:\n• Oil prices were little changed.West Texas Intermediatecrude inched up to $81.66 a barrel.Brent crude, the international benchmark, traded slightly higher at $86.32 a barrel.\n• Goldclimbed 0.6% to $2,212.50 per ounce.\n• The 10-year Treasury ticked lower four basis points to 4.19%.\n• Bitcoinslipped 1.38% to $68,737.\nRead the original article onBusiness Insider', "In aninterviewwith Fox Business on March 27, Larry Fink, the CEO of BlackRock, stated that the iShares Bitcoin Trust (IBIT) has become the fastest-growing ETF in history, surpassing all others in terms of asset growth. Fink acknowledged that the performance of IBIT has even exceeded his expectations, particularly during the first 11 weeks of trading.Accordingto data from Farside Investors, IBIT attracted a remarkable $13.5 billion in flows during this period.\nThe BlackRock CEO emphasized that the introduction of IBIT has contributed to the creation of a market with increased liquidity and transparency. He expressed his pleasant surprise at the significant retail demand that IBIT has generated, stating that he could not have predicted such a strong response when the ETF was filed.\nWhen asked if IBIT's performance exceeded expectations, Fink responded positively, indicating that he did not anticipate such remarkable results. He further reinforced his bullish stance on the long-term viability of Bitcoin, expressing confidence in its future prospects.\nIBIT currently holds $17.1 billion worth of Bitcoin. It achieved the $10 billion milestone in just two months, a feat that took the first gold ETF two years to accomplish. Among the approved ETFs, IBIT ranks second in terms of Bitcoin holdings, trailing only the Grayscale Bitcoin Trust, which holds $23.6 billion in BTC. However, Grayscale's Bitcoin holdings have been decreasing since its conversion to a spot Bitcoin ETF.", "In aninterviewwith Fox Business on March 27, Larry Fink, the CEO of BlackRock, stated that the iShares Bitcoin Trust (IBIT) has become the fastest-growing ETF in history, surpassing all others in terms of asset growth. Fink acknowledged that the performance of IBIT has even exceeded his expectations, particularly during the first 11 weeks of trading.Accordingto data from Farside Investors, IBIT attracted a remarkable $13.5 billion in flows during this period.\nThe BlackRock CEO emphasized that the introduction of IBIT has contributed to the creation of a market with increased liquidity and transparency. He expressed his pleasant surprise at the significant retail demand that IBIT has generated, stating that he could not have predicted such a strong response when the ETF was filed.\nWhen asked if IBIT's performance exceeded expectations, Fink responded positively, indicating that he did not anticipate such remarkable results. He further reinforced his bullish stance on the long-term viability of Bitcoin, expressing confidence in its future prospects.\nIBIT currently holds $17.1 billion worth of Bitcoin. It achieved the $10 billion milestone in just two months, a feat that took the first gold ETF two years to accomplish. Among the approved ETFs, IBIT ranks second in terms of Bitcoin holdings, trailing only the Grayscale Bitcoin Trust, which holds $23.6 billion in BTC. However, Grayscale's Bitcoin holdings have been decreasing since its conversion to a spot Bitcoin ETF.", "Cryptocurrency exchange KuCoin’s CEO Johnny Lyu hasrevealedplans for a major airdrop involving Bitcoin (BTC) and its native token KuCoin (KCS), amounting to a total value of $10 million. This news follows the recent charges brought by the United States Justice Department against the exchange and two of its founders.\nAlthough Lyu did not directly reference the federal charges in his letter, he hinted at the situation by expressing gratitude to KuCoin users for their support and trust during the past few days. He compared the airdrop to the exchange's previous reimbursement of investors who suffered losses in the Confido rug pull incident.\nThe delays in withdrawal experienced by some users on March 26 and 27 could be attributed to the high volume of transactions as almost $800 million of funds were withdrawn from the exchange. The airdrop serves as a gesture of appreciation to users who remained loyal to KuCoin during this challenging period. Specific rules for the airdrop event will be released in three days, according to the blog post.\nThe Justice Department unveiled charges related to violations of the Bank Secrecy Act, accusing the exchange's founders of operating an unlicensed money-transmitting business and lacking an Anti-Money Laundering program. Simultaneously, the Commodity Futures Trading Commission (CFTC) initiated a civil case against KuCoin for violations of the Commodity Exchange Act and CFTC regulations.", "Cryptocurrency exchange KuCoin’s CEO Johnny Lyu hasrevealedplans for a major airdrop involving Bitcoin (BTC) and its native token KuCoin (KCS), amounting to a total value of $10 million. This news follows the recent charges brought by the United States Justice Department against the exchange and two of its founders.\nAlthough Lyu did not directly reference the federal charges in his letter, he hinted at the situation by expressing gratitude to KuCoin users for their support and trust during the past few days. He compared the airdrop to the exchange's previous reimbursement of investors who suffered losses in the Confido rug pull incident.\nThe delays in withdrawal experienced by some users on March 26 and 27 could be attributed to the high volume of transactions as almost $800 million of funds were withdrawn from the exchange. The airdrop serves as a gesture of appreciation to users who remained loyal to KuCoin during this challenging period. Specific rules for the airdrop event will be released in three days, according to the blog post.\nThe Justice Department unveiled charges related to violations of the Bank Secrecy Act, accusing the exchange's founders of operating an unlicensed money-transmitting business and lacking an Anti-Money Laundering program. Simultaneously, the Commodity Futures Trading Commission (CFTC) initiated a civil case against KuCoin for violations of the Commodity Exchange Act and CFTC regulations.", 'VSFG, an asset management company, and its partner, Value Partners, havesubmittedan application for a spot bitcoin exchange-traded fund (ETF) to the Securities and Futures Commission (SFC) in Hong Kong. In December 2023, Hong Kong regulators expressed their readiness to consider applications for spot crypto ETFs, shortly after almost a dozen applicants received approval for spot bitcoin ETFs in the United States.\nIn addition to VSFG and Value Partners, Venture Smart Financial Holdings, a Hong Kong-based firm, has also stated its intention to file an application for a spot bitcoin ETF,accordingto Bloomberg.\nHarvest Global Investments, a prominent asset management company in China, was reportedly the first to apply for a spot bitcoin ETF with the SFC in January. Local reports indicate that up to 10 financial institutions have plans to launch Bitcoin ETFs in Hong Kong, highlighting the growing interest in this investment vehicle.\nHong Kong regulators have been actively working to create a favorable environment for the cryptocurrency sector in their efforts to establish the city as a global hub for digital assets.', 'VSFG, an asset management company, and its partner, Value Partners, havesubmittedan application for a spot bitcoin exchange-traded fund (ETF) to the Securities and Futures Commission (SFC) in Hong Kong. In December 2023, Hong Kong regulators expressed their readiness to consider **Last 60 Days of Bitcoin's Closing Prices:** [42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-28 **Financial & Commodity Data:** - Gold Closing Price: $2217.40 - Crude Oil Closing Price: $83.17 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,388,086,971,206 - Hash Rate: 630675249.3060845 - Transaction Count: 428670.0 - Unique Addresses: 696012.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.80 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin (BTC-USD), the world’s largestcryptocurrency, soared to a scorching 155.9% gain in 2023. Much of the gain was driven by excitement over the potential for the approval ofspot Bitcoin ETFsin the United States, which have now launched. But with this catalyst in the rearview mirror, there are still plenty of reasons to believe that Bitcoin could continue to climb higher in the months ahead. I’m bullish on the top digital asset based on the strong demand these ETFs have generated, the potential for spot Bitcoin ETFs in Hong Kong, and Bitcoin’s upcoming halving in April. A lot of excitement about spot Bitcoin ETFs was already baked into the asset’s price, leading some to call their approval a “buy the rumor, sell the news” event. And to some extent, this was true, as Bitcoin’s price has declined since the ETFs launched. But the ETFs look like a major hit based on demand so far, indicating strong interest in Bitcoin from both the general public and institutional investors alike. While money has flowed out of the Grayscale Bitcoin Trust (NYSEARCA:GBTC) (for a variety of reasons, including its higher fees and the end of its lockup period upon ETF conversion), lower-fee funds from big-name asset managers like BlackRock (NYSE:BLK), Fidelity, and ARK Invest are gaining serious traction. BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) has accrued over $2 billion in assets under management (AUM) within just a few short weeks of launching, while the Fidelity Wise Origin Bitcoin Trust (BATS:FBTC) is fast approaching the $2 billion mark as well after picking up $208 million in inflows on January 29 alone, single-handedly offsetting outflows from GBTC. These are huge numbers for ETFs that have existed for less than three full weeks. The demand for these ETFs shows that Bitcoin is evolving into a mainstream financial asset. The continued success of these funds should lead to more buying support for Bitcoin as the funds add to their Bitcoin holdings. Meanwhile, excitement about the potential for a similar rush for spot Bitcoin ETFs is brewing in Hong Kong, one of the world’s top financial centers. Tencent News reports that The Harvest Fund, a major asset manager, has filed to launch a spot Bitcoin ETF with the Securities and Futures Commission (SFC), Hong Kong’s financial regulator. In December, the SFC announced it would start taking applications for these products, and it rolled out a list of requirements. Harvest is hoping to get the green light for this ETF after China’s Lunar New Year. The filing could inspire a wave of additional filings, just like it did in the U.S. Another firm, Venture Smart Financial Group (VSFG), has already unveiled its own plans to launch a spot Bitcoin ETF this quarter, with ambitions of growing to $500 million in AUM by the end of 2024. Hong Kong news outlet Caixin has previously reported that up to 10 funds could try to launch spot Bitcoin ETFs in Hong Kong. The launch of these spot Bitcoin ETFs in a major global financial hub (the Hong Kong Stock Exchange is the world’s sixth-largest stock market) could be another significant catalyst for Bitcoin, going forward. While spot Bitcoin ETFs have dominated the conversation, don’t forget that the Bitcoin halving is coming up in just a few short months. The next Bitcoin halving is anticipated to take place in April. Bitcoin halving events take place every four years. During this time, the reward that Bitcoin miners receive for producing, or “mining”, a new block of Bitcoin is cut in half, hence the name.Bitcoin minerslike Marathon Digital (NYSE:MARA), Riot Platforms (NASDAQ:RIOT),and Bitdeer(NASDAQ:BTDR) currently receive 6.25 new Bitcoins for each block they produce, but after the halving, this incentive will be reduced to 3.125 BTC. The halving slows down Bitcoin’s inflation rate and makes Bitcoin more scarce over time, which should, in turn, increase its value. Past performance is, of course, no guarantee of future results, but the previous halvings have often preceded significant moves to the upside. During years in which halvings have previously occured, Bitcoin’s price has increased by an average of 128%. Based on these results, it’s easy to get excited about the upcoming halving. The rampant speculation about the approval of spot Bitcoin ETFs that drove prices higher is now in the rearview mirror, but there are plenty of catalysts moving forward and plenty of reasons to remain bullish. I’m bullish on Bitcoin and believe it can continue to move higher over the next few months based on the early success and demand for the new spot Bitcoin ETFs, the potential for the approval of a new slate of spot Bitcoin ETFs in Hong Kong, one of the world’s most active financial markets, and the upcoming halving in April, which has historically been a positive catalyst for Bitcoin prices. Disclosure... - Reddit Posts (Sample): [['u/Lenny36', 'Kiyosaki has brought more people to silver than any of the bitcoin haters among the precious metals community', 49, '2024-03-28 00:28', 'https://www.reddit.com/r/SilverDegenClub/comments/1bpgidw/kiyosaki_has_brought_more_people_to_silver_than/', 'On X Kiyosaki said the following\n\n" I am buying 10 more Bitcoin before April. Why? The “Having.” If you can’t afford a whole Bitcoin you may want to consider buying 1/10 of a coin, via the new ETFs or Satoshi’s.\n\nIf the Bitcoin process works as designed you may own a whole Bitcoin by the end of this year. \n\nI expect Bitcoin to be $100 k by September 2024. \n\nIf you are not into Bitcoin I suggest buying silver coins, preferably US silver eagles. My friend Andy Schectman states the once abundant supply of silver is nearly gone. He has a standing order for $1 million in “junk” silver (pre-64 US silver coins) and can it find pre 1964 silver coins to fill the order. "\n\nI reposted the links to a few people and O got replies like "kiyosaki is reaponsible for the bitcon" and "kiyosaki spews verbal diareah". \n\nFar out guys, in my view Kiyosaki is the most genuine person in the movement, he is an old guy and believes in helping people. Plus he is the number one seller of a financial book of all time.. if your reason for not liking him is because he promotes bitcoin then you are not just jealous you have extreme envy. Still some of you dont get it. Deep down im sure you feel it that bitcoin is 100% here to stay.\n\nMy favourite investment has always been silver. I even sold my cryptos including my theta for a silver miner before the recently bitcoin price doubling. Im the one who should be jealous but im happy for the bitcoiners. Ive been on reddit wallstreet silver and now silverdegen club for a few years and Ive said the same message over again, be smart like kiyosaki and bix weir and hold both silver and bitcoin. Dont be the dumb ignorant peter schiff type person who so retardedy opens his own mouth every day to embarass himself.\n\nFollow me on X (end_share) and also follow @wverily we are both working hard to promote our favourite australian silver developer Maronan Metals. I\'ve switched from the last three years where ive only promoted physical silver and I even labelled people who promoted silver miners as grifters but now Ive realised that its not retail buying the most silver, its industrial silver use which is crushing it. So now im 100% focused on what I think is one of the worlds best value silver developer. Hope its the fourth turning and not the great taking! \n\n', 'https://www.reddit.com/r/SilverDegenClub/comments/1bpgidw/kiyosaki_has_brought_more_people_to_silver_than/', '1bpgidw', [['u/SnooApples2350', 13, '2024-03-28 00:33', 'https://www.reddit.com/r/SilverDegenClub/comments/1bpgidw/kiyosaki_has_brought_more_people_to_silver_than/kwvlr8l/', 'I read his book and D.T. book "why we want you to be rich." Good books. Still broke. ™️', '1bpgidw']]], ['u/Kindly-Survey4107', "People who don't take Shib seriously are like the guy who sold 10,000 BTC for pizzas!", 123, '2024-03-28 00:46', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/', 'That was **3.8 Billions** for Pizzas.\n\n[https://www.marketwatch.com/story/bitcoin-pizza-day-laszlo-hanyecz-spent-3-8-billion-on-pizzas-in-the-summer-of-2010-using-the-novel-crypto-11621714395](https://www.marketwatch.com/story/bitcoin-pizza-day-laszlo-hanyecz-spent-3-8-billion-on-pizzas-in-the-summer-of-2010-using-the-novel-crypto-11621714395)', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/', '1bpgyo2', [['u/nedryerson77', 19, '2024-03-28 00:58', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/kwvptjb/', 'Literally why I hold. I admit, I know nothing about crypto and investment, but I refuse to sell and lose out on a great possibility.', '1bpgyo2'], ['u/LongjumpingLow6695', 25, '2024-03-28 01:25', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/kwvu87v/', 'We all know the pizza guy story but what happened to the delivery driver ? Whwre did he spend the btc', '1bpgyo2'], ['u/DEADHOTTUB', 10, '2024-03-28 01:42', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/kwvwvnj/', 'I think the pizza guy still had some Bitcoin', '1bpgyo2'], ['u/Royal-Atmosphere-365', 16, '2024-03-28 02:37', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/kww5iic/', "Right I'd rather hear that story. Cause I'd think that pizza guy spent that \\`10,000 BTC . on Chinese takeout.", '1bpgyo2'], ['u/olezipcoon', 34, '2024-03-28 02:50', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/kww7khh/', 'The pizza guy did everyone a service. He used Bitcoin to pay for a product and was the first to do so. \n\nSomeone had to do it. He is the Chosen One.\n\nHe should never be shit on.', '1bpgyo2'], ['u/corporatehooligan', 10, '2024-03-28 06:56', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/kwx19vr/', 'He didn’t get BTC as a tip. The dude sent someone BTC in exchange for the pizzas. The dude who received the BTC ordered him the pizza with a credit card.', '1bpgyo2']]], ['u/Acceptable-Ad-837', 'Any answers to what happened?', 63, '2024-03-28 01:03', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/', 'Do I need to change all my passwords? Do I need to cancel my credit cards? Lightning strike corporate? Was it a cyber attack or did Paul in IT try to be slick and turn the Panera servers into his own bitcoin mining operation?\n\nI hope that this is in some real capacity, acknowledged (if it hasn’t already) if not for us customers sake, my god at least tell the employees what the heck happened so they can be assured that it’s not going to happen again. It seems so… weird. I won’t say shady but something in that direction at least.', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/', '1bphcng', [['u/charizard_72', 42, '2024-03-28 01:07', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvrbui/', 'They’ll never admit if they’re hacked bc it makes them look bad and could lose customers who don’t feel it’s secure\n\nBut I suspect it’s something along those lines', '1bphcng'], ['u/Acceptable-Ad-837', 29, '2024-03-28 01:10', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvrqy5/', 'I think there’s a certain element of them *having* to tell people if they were hacked, should information actually been compromised? Obviously any big corporation *having* to do something vs actually doing it is, well… you know…', '1bphcng'], ['u/Apathicary', 10, '2024-03-28 01:11', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvry10/', 'Jared got fired and he’s not taking it well.', '1bphcng'], ['u/Loan-Pickle', 67, '2024-03-28 01:15', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvslw5/', 'Yes I wish they would say.\n\nI’ve been in IT for 20 years and it takes something pretty catastrophic to lead to a 4 day outage. I can only speculate, but seeing as how they are saying nothing my money is on cyberattack and they don’t want people to know. I would recommend keeping an eye on your card you have on file just in case.', '1bphcng'], ['u/Apathicary', 11, '2024-03-28 01:18', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvt09a/', 'No but if subway needs a tech guy, our old one looking for a job.', '1bphcng'], ['u/Acceptable-Ad-837', 32, '2024-03-28 01:22', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvtmww/', 'The fact that it wasn’t the app, or the user profiles, or the point of sale systems individually… it was the fact that all of those, more, and the employees freaking schedules and logins being down all at the same time that truly makes it a catastrophic event and almost assuredly a cyber attack. Those systems should not all be affected by any singular IT mishap.', '1bphcng'], ['u/Alternative-Cost8481', 12, '2024-03-28 01:38', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvwc1e/', 'I just got a random $2.16 charge on my card on file on Panera and it popped up on my Apple Pay which is weird because you only get notifications if your card is used from that. I’m trying to contact Panera care now because this is not happening before the four day outage.', '1bphcng'], ['u/catonsteroids', 18, '2024-03-28 02:12', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kww1pot/', 'Could be the sips club monthly charge if you have it. I looked at my account and I’m supposed to be charged $2.17 next month.', '1bphcng']]], ['u/SimplyShred', 'It surely feels most retail here are overly optimistic and late buyers this cycle ', 23, '2024-03-28 01:28', 'https://www.reddit.com/r/MSTR/comments/1bphxfb/it_surely_feels_most_retail_here_are_overly/', 'This sub seems overly optimistic at the wrong time. “Be fearful when everyone is greedy.”\n\nFor context I was buying MSTR as low as $160-250 and have began to DCA out. I am a bitcoin bull but I am objective and now cautious. I have seen many cycles since 2013 and I know that when late stage retail enters with price predictions, memes, screen shots it’s time to DCA out. Before anyone comes to flame me, how many honestly were buying bitcoin at 16-22k and MSTR at $160-250 and throughout. \n\nI began positioning myself for the summer correction that is likely to come post halving. For starters we haven’t even tested the 200W moving average in the low 40ks and the longer we go the faster we fall. On the contrary the m... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55
You are an expert financial analyst. Your primary task is to 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 snapped a three-day losing streak, with major indexes rising Wednesday.\n• The S&P 500 is poised to close out its best first quarter since 2019.\n• Investors are waiting on more Fedspeak and economic data later this week.\nUS stocks jumped on Wednesday, bouncing back from a three-day losing streak with traders hoping to close the market\'s best first quarter in five years.\nMajor averages ticked higher, with the Dow Jones Industrial Average soaring more than 475 points.\nThe benchmark S&P 500, with a gain of more than 9.5% so far this year, is on track for the best first three months of the year since 2019.\nInvestors are waiting on remarks from Fed Governor Christopher Waller after the closing bell, as well as a slew of economic data points coming out later this week. February\'s personal consumption expenditures reading, the Fed\'s favorite gauge of inflation, will be released Friday morning and will serve as a key input for central bankers when deciding the pace of rate cuts this year.\n"The Fed\'s Chris Waller may offer a rebuke of Jay Powell\'s dovishness today. While not dismissing the prospect of a June cut, Waller may point to sturdy US aggregate demand and \'sticky\' inflation in the January and February data to justify fewer rate cuts," Thierry Wizman, a strategist at Macquarie said in a note on Wednesday.\nMarkets are largely expecting the Fed to cut rates three times by December, in line with what central bankers have forecast for the year. Investors are pricing in a 73% chance the Fed could cut rates 75 basis points or more, according to theCME FedWatch tool.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Wednesday:\n• S&P 500: 5,248.50, up 0.86%\n• Dow Jones Industrial Average: 39,760.08, up 1.22% (+477.75 points)\n• Nasdaq Composite: 16,399.52, up 0.51%\nHere\'s what else is going on today:\n• Tesla stock will fall another 33%as it\'s too expensive and lacks upside catalysts, Bernstein analysts said.\n• Robinhood stock surgedafter the company launched a solid gold credit card with 3% cash back.\n• China\'s industrial push could destabilize the global economy, Treasury Secretary Janet Yellen warned.\n• Bitcoin\'s halving could force miners to risk operating in cheaper locationswith less reliable power grids.\nIn commodities, bonds, and crypto:\n• Oil prices were little changed.West Texas Intermediatecrude inched up to $81.66 a barrel.Brent crude, the international benchmark, traded slightly higher at $86.32 a barrel.\n• Goldclimbed 0.6% to $2,212.50 per ounce.\n• The 10-year Treasury ticked lower four basis points to 4.19%.\n• Bitcoinslipped 1.38% to $68,737.\nRead the original article onBusiness Insider', "In aninterviewwith Fox Business on March 27, Larry Fink, the CEO of BlackRock, stated that the iShares Bitcoin Trust (IBIT) has become the fastest-growing ETF in history, surpassing all others in terms of asset growth. Fink acknowledged that the performance of IBIT has even exceeded his expectations, particularly during the first 11 weeks of trading.Accordingto data from Farside Investors, IBIT attracted a remarkable $13.5 billion in flows during this period.\nThe BlackRock CEO emphasized that the introduction of IBIT has contributed to the creation of a market with increased liquidity and transparency. He expressed his pleasant surprise at the significant retail demand that IBIT has generated, stating that he could not have predicted such a strong response when the ETF was filed.\nWhen asked if IBIT's performance exceeded expectations, Fink responded positively, indicating that he did not anticipate such remarkable results. He further reinforced his bullish stance on the long-term viability of Bitcoin, expressing confidence in its future prospects.\nIBIT currently holds $17.1 billion worth of Bitcoin. It achieved the $10 billion milestone in just two months, a feat that took the first gold ETF two years to accomplish. Among the approved ETFs, IBIT ranks second in terms of Bitcoin holdings, trailing only the Grayscale Bitcoin Trust, which holds $23.6 billion in BTC. However, Grayscale's Bitcoin holdings have been decreasing since its conversion to a spot Bitcoin ETF.", "In aninterviewwith Fox Business on March 27, Larry Fink, the CEO of BlackRock, stated that the iShares Bitcoin Trust (IBIT) has become the fastest-growing ETF in history, surpassing all others in terms of asset growth. Fink acknowledged that the performance of IBIT has even exceeded his expectations, particularly during the first 11 weeks of trading.Accordingto data from Farside Investors, IBIT attracted a remarkable $13.5 billion in flows during this period.\nThe BlackRock CEO emphasized that the introduction of IBIT has contributed to the creation of a market with increased liquidity and transparency. He expressed his pleasant surprise at the significant retail demand that IBIT has generated, stating that he could not have predicted such a strong response when the ETF was filed.\nWhen asked if IBIT's performance exceeded expectations, Fink responded positively, indicating that he did not anticipate such remarkable results. He further reinforced his bullish stance on the long-term viability of Bitcoin, expressing confidence in its future prospects.\nIBIT currently holds $17.1 billion worth of Bitcoin. It achieved the $10 billion milestone in just two months, a feat that took the first gold ETF two years to accomplish. Among the approved ETFs, IBIT ranks second in terms of Bitcoin holdings, trailing only the Grayscale Bitcoin Trust, which holds $23.6 billion in BTC. However, Grayscale's Bitcoin holdings have been decreasing since its conversion to a spot Bitcoin ETF.", "Cryptocurrency exchange KuCoin’s CEO Johnny Lyu hasrevealedplans for a major airdrop involving Bitcoin (BTC) and its native token KuCoin (KCS), amounting to a total value of $10 million. This news follows the recent charges brought by the United States Justice Department against the exchange and two of its founders.\nAlthough Lyu did not directly reference the federal charges in his letter, he hinted at the situation by expressing gratitude to KuCoin users for their support and trust during the past few days. He compared the airdrop to the exchange's previous reimbursement of investors who suffered losses in the Confido rug pull incident.\nThe delays in withdrawal experienced by some users on March 26 and 27 could be attributed to the high volume of transactions as almost $800 million of funds were withdrawn from the exchange. The airdrop serves as a gesture of appreciation to users who remained loyal to KuCoin during this challenging period. Specific rules for the airdrop event will be released in three days, according to the blog post.\nThe Justice Department unveiled charges related to violations of the Bank Secrecy Act, accusing the exchange's founders of operating an unlicensed money-transmitting business and lacking an Anti-Money Laundering program. Simultaneously, the Commodity Futures Trading Commission (CFTC) initiated a civil case against KuCoin for violations of the Commodity Exchange Act and CFTC regulations.", "Cryptocurrency exchange KuCoin’s CEO Johnny Lyu hasrevealedplans for a major airdrop involving Bitcoin (BTC) and its native token KuCoin (KCS), amounting to a total value of $10 million. This news follows the recent charges brought by the United States Justice Department against the exchange and two of its founders.\nAlthough Lyu did not directly reference the federal charges in his letter, he hinted at the situation by expressing gratitude to KuCoin users for their support and trust during the past few days. He compared the airdrop to the exchange's previous reimbursement of investors who suffered losses in the Confido rug pull incident.\nThe delays in withdrawal experienced by some users on March 26 and 27 could be attributed to the high volume of transactions as almost $800 million of funds were withdrawn from the exchange. The airdrop serves as a gesture of appreciation to users who remained loyal to KuCoin during this challenging period. Specific rules for the airdrop event will be released in three days, according to the blog post.\nThe Justice Department unveiled charges related to violations of the Bank Secrecy Act, accusing the exchange's founders of operating an unlicensed money-transmitting business and lacking an Anti-Money Laundering program. Simultaneously, the Commodity Futures Trading Commission (CFTC) initiated a civil case against KuCoin for violations of the Commodity Exchange Act and CFTC regulations.", 'VSFG, an asset management company, and its partner, Value Partners, havesubmittedan application for a spot bitcoin exchange-traded fund (ETF) to the Securities and Futures Commission (SFC) in Hong Kong. In December 2023, Hong Kong regulators expressed their readiness to consider applications for spot crypto ETFs, shortly after almost a dozen applicants received approval for spot bitcoin ETFs in the United States.\nIn addition to VSFG and Value Partners, Venture Smart Financial Holdings, a Hong Kong-based firm, has also stated its intention to file an application for a spot bitcoin ETF,accordingto Bloomberg.\nHarvest Global Investments, a prominent asset management company in China, was reportedly the first to apply for a spot bitcoin ETF with the SFC in January. Local reports indicate that up to 10 financial institutions have plans to launch Bitcoin ETFs in Hong Kong, highlighting the growing interest in this investment vehicle.\nHong Kong regulators have been actively working to create a favorable environment for the cryptocurrency sector in their efforts to establish the city as a global hub for digital assets.', 'VSFG, an asset management company, and its partner, Value Partners, havesubmittedan application for a spot bitcoin exchange-traded fund (ETF) to the Securities and Futures Commission (SFC) in Hong Kong. In December 2023, Hong Kong regulators expressed their readiness to consider **Last 60 Days of Bitcoin's Closing Prices:** [42035.59, 43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-28 **Financial & Commodity Data:** - Gold Closing Price: $2217.40 - Crude Oil Closing Price: $83.17 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,388,086,971,206 - Hash Rate: 630675249.3060845 - Transaction Count: 428670.0 - Unique Addresses: 696012.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.80 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin (BTC-USD), the world’s largestcryptocurrency, soared to a scorching 155.9% gain in 2023. Much of the gain was driven by excitement over the potential for the approval ofspot Bitcoin ETFsin the United States, which have now launched. But with this catalyst in the rearview mirror, there are still plenty of reasons to believe that Bitcoin could continue to climb higher in the months ahead. I’m bullish on the top digital asset based on the strong demand these ETFs have generated, the potential for spot Bitcoin ETFs in Hong Kong, and Bitcoin’s upcoming halving in April. A lot of excitement about spot Bitcoin ETFs was already baked into the asset’s price, leading some to call their approval a “buy the rumor, sell the news” event. And to some extent, this was true, as Bitcoin’s price has declined since the ETFs launched. But the ETFs look like a major hit based on demand so far, indicating strong interest in Bitcoin from both the general public and institutional investors alike. While money has flowed out of the Grayscale Bitcoin Trust (NYSEARCA:GBTC) (for a variety of reasons, including its higher fees and the end of its lockup period upon ETF conversion), lower-fee funds from big-name asset managers like BlackRock (NYSE:BLK), Fidelity, and ARK Invest are gaining serious traction. BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) has accrued over $2 billion in assets under management (AUM) within just a few short weeks of launching, while the Fidelity Wise Origin Bitcoin Trust (BATS:FBTC) is fast approaching the $2 billion mark as well after picking up $208 million in inflows on January 29 alone, single-handedly offsetting outflows from GBTC. These are huge numbers for ETFs that have existed for less than three full weeks. The demand for these ETFs shows that Bitcoin is evolving into a mainstream financial asset. The continued success of these funds should lead to more buying support for Bitcoin as the funds add to their Bitcoin holdings. Meanwhile, excitement about the potential for a similar rush for spot Bitcoin ETFs is brewing in Hong Kong, one of the world’s top financial centers. Tencent News reports that The Harvest Fund, a major asset manager, has filed to launch a spot Bitcoin ETF with the Securities and Futures Commission (SFC), Hong Kong’s financial regulator. In December, the SFC announced it would start taking applications for these products, and it rolled out a list of requirements. Harvest is hoping to get the green light for this ETF after China’s Lunar New Year. The filing could inspire a wave of additional filings, just like it did in the U.S. Another firm, Venture Smart Financial Group (VSFG), has already unveiled its own plans to launch a spot Bitcoin ETF this quarter, with ambitions of growing to $500 million in AUM by the end of 2024. Hong Kong news outlet Caixin has previously reported that up to 10 funds could try to launch spot Bitcoin ETFs in Hong Kong. The launch of these spot Bitcoin ETFs in a major global financial hub (the Hong Kong Stock Exchange is the world’s sixth-largest stock market) could be another significant catalyst for Bitcoin, going forward. While spot Bitcoin ETFs have dominated the conversation, don’t forget that the Bitcoin halving is coming up in just a few short months. The next Bitcoin halving is anticipated to take place in April. Bitcoin halving events take place every four years. During this time, the reward that Bitcoin miners receive for producing, or “mining”, a new block of Bitcoin is cut in half, hence the name.Bitcoin minerslike Marathon Digital (NYSE:MARA), Riot Platforms (NASDAQ:RIOT),and Bitdeer(NASDAQ:BTDR) currently receive 6.25 new Bitcoins for each block they produce, but after the halving, this incentive will be reduced to 3.125 BTC. The halving slows down Bitcoin’s inflation rate and makes Bitcoin more scarce over time, which should, in turn, increase its value. Past performance is, of course, no guarantee of future results, but the previous halvings have often preceded significant moves to the upside. During years in which halvings have previously occured, Bitcoin’s price has increased by an average of 128%. Based on these results, it’s easy to get excited about the upcoming halving. The rampant speculation about the approval of spot Bitcoin ETFs that drove prices higher is now in the rearview mirror, but there are plenty of catalysts moving forward and plenty of reasons to remain bullish. I’m bullish on Bitcoin and believe it can continue to move higher over the next few months based on the early success and demand for the new spot Bitcoin ETFs, the potential for the approval of a new slate of spot Bitcoin ETFs in Hong Kong, one of the world’s most active financial markets, and the upcoming halving in April, which has historically been a positive catalyst for Bitcoin prices. Disclosure... - Reddit Posts (Sample): [['u/Lenny36', 'Kiyosaki has brought more people to silver than any of the bitcoin haters among the precious metals community', 49, '2024-03-28 00:28', 'https://www.reddit.com/r/SilverDegenClub/comments/1bpgidw/kiyosaki_has_brought_more_people_to_silver_than/', 'On X Kiyosaki said the following\n\n" I am buying 10 more Bitcoin before April. Why? The “Having.” If you can’t afford a whole Bitcoin you may want to consider buying 1/10 of a coin, via the new ETFs or Satoshi’s.\n\nIf the Bitcoin process works as designed you may own a whole Bitcoin by the end of this year. \n\nI expect Bitcoin to be $100 k by September 2024. \n\nIf you are not into Bitcoin I suggest buying silver coins, preferably US silver eagles. My friend Andy Schectman states the once abundant supply of silver is nearly gone. He has a standing order for $1 million in “junk” silver (pre-64 US silver coins) and can it find pre 1964 silver coins to fill the order. "\n\nI reposted the links to a few people and O got replies like "kiyosaki is reaponsible for the bitcon" and "kiyosaki spews verbal diareah". \n\nFar out guys, in my view Kiyosaki is the most genuine person in the movement, he is an old guy and believes in helping people. Plus he is the number one seller of a financial book of all time.. if your reason for not liking him is because he promotes bitcoin then you are not just jealous you have extreme envy. Still some of you dont get it. Deep down im sure you feel it that bitcoin is 100% here to stay.\n\nMy favourite investment has always been silver. I even sold my cryptos including my theta for a silver miner before the recently bitcoin price doubling. Im the one who should be jealous but im happy for the bitcoiners. Ive been on reddit wallstreet silver and now silverdegen club for a few years and Ive said the same message over again, be smart like kiyosaki and bix weir and hold both silver and bitcoin. Dont be the dumb ignorant peter schiff type person who so retardedy opens his own mouth every day to embarass himself.\n\nFollow me on X (end_share) and also follow @wverily we are both working hard to promote our favourite australian silver developer Maronan Metals. I\'ve switched from the last three years where ive only promoted physical silver and I even labelled people who promoted silver miners as grifters but now Ive realised that its not retail buying the most silver, its industrial silver use which is crushing it. So now im 100% focused on what I think is one of the worlds best value silver developer. Hope its the fourth turning and not the great taking! \n\n', 'https://www.reddit.com/r/SilverDegenClub/comments/1bpgidw/kiyosaki_has_brought_more_people_to_silver_than/', '1bpgidw', [['u/SnooApples2350', 13, '2024-03-28 00:33', 'https://www.reddit.com/r/SilverDegenClub/comments/1bpgidw/kiyosaki_has_brought_more_people_to_silver_than/kwvlr8l/', 'I read his book and D.T. book "why we want you to be rich." Good books. Still broke. ™️', '1bpgidw']]], ['u/Kindly-Survey4107', "People who don't take Shib seriously are like the guy who sold 10,000 BTC for pizzas!", 123, '2024-03-28 00:46', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/', 'That was **3.8 Billions** for Pizzas.\n\n[https://www.marketwatch.com/story/bitcoin-pizza-day-laszlo-hanyecz-spent-3-8-billion-on-pizzas-in-the-summer-of-2010-using-the-novel-crypto-11621714395](https://www.marketwatch.com/story/bitcoin-pizza-day-laszlo-hanyecz-spent-3-8-billion-on-pizzas-in-the-summer-of-2010-using-the-novel-crypto-11621714395)', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/', '1bpgyo2', [['u/nedryerson77', 19, '2024-03-28 00:58', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/kwvptjb/', 'Literally why I hold. I admit, I know nothing about crypto and investment, but I refuse to sell and lose out on a great possibility.', '1bpgyo2'], ['u/LongjumpingLow6695', 25, '2024-03-28 01:25', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/kwvu87v/', 'We all know the pizza guy story but what happened to the delivery driver ? Whwre did he spend the btc', '1bpgyo2'], ['u/DEADHOTTUB', 10, '2024-03-28 01:42', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/kwvwvnj/', 'I think the pizza guy still had some Bitcoin', '1bpgyo2'], ['u/Royal-Atmosphere-365', 16, '2024-03-28 02:37', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/kww5iic/', "Right I'd rather hear that story. Cause I'd think that pizza guy spent that \\`10,000 BTC . on Chinese takeout.", '1bpgyo2'], ['u/olezipcoon', 34, '2024-03-28 02:50', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/kww7khh/', 'The pizza guy did everyone a service. He used Bitcoin to pay for a product and was the first to do so. \n\nSomeone had to do it. He is the Chosen One.\n\nHe should never be shit on.', '1bpgyo2'], ['u/corporatehooligan', 10, '2024-03-28 06:56', 'https://www.reddit.com/r/SHIBArmy/comments/1bpgyo2/people_who_dont_take_shib_seriously_are_like_the/kwx19vr/', 'He didn’t get BTC as a tip. The dude sent someone BTC in exchange for the pizzas. The dude who received the BTC ordered him the pizza with a credit card.', '1bpgyo2']]], ['u/Acceptable-Ad-837', 'Any answers to what happened?', 63, '2024-03-28 01:03', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/', 'Do I need to change all my passwords? Do I need to cancel my credit cards? Lightning strike corporate? Was it a cyber attack or did Paul in IT try to be slick and turn the Panera servers into his own bitcoin mining operation?\n\nI hope that this is in some real capacity, acknowledged (if it hasn’t already) if not for us customers sake, my god at least tell the employees what the heck happened so they can be assured that it’s not going to happen again. It seems so… weird. I won’t say shady but something in that direction at least.', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/', '1bphcng', [['u/charizard_72', 42, '2024-03-28 01:07', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvrbui/', 'They’ll never admit if they’re hacked bc it makes them look bad and could lose customers who don’t feel it’s secure\n\nBut I suspect it’s something along those lines', '1bphcng'], ['u/Acceptable-Ad-837', 29, '2024-03-28 01:10', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvrqy5/', 'I think there’s a certain element of them *having* to tell people if they were hacked, should information actually been compromised? Obviously any big corporation *having* to do something vs actually doing it is, well… you know…', '1bphcng'], ['u/Apathicary', 10, '2024-03-28 01:11', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvry10/', 'Jared got fired and he’s not taking it well.', '1bphcng'], ['u/Loan-Pickle', 67, '2024-03-28 01:15', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvslw5/', 'Yes I wish they would say.\n\nI’ve been in IT for 20 years and it takes something pretty catastrophic to lead to a 4 day outage. I can only speculate, but seeing as how they are saying nothing my money is on cyberattack and they don’t want people to know. I would recommend keeping an eye on your card you have on file just in case.', '1bphcng'], ['u/Apathicary', 11, '2024-03-28 01:18', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvt09a/', 'No but if subway needs a tech guy, our old one looking for a job.', '1bphcng'], ['u/Acceptable-Ad-837', 32, '2024-03-28 01:22', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvtmww/', 'The fact that it wasn’t the app, or the user profiles, or the point of sale systems individually… it was the fact that all of those, more, and the employees freaking schedules and logins being down all at the same time that truly makes it a catastrophic event and almost assuredly a cyber attack. Those systems should not all be affected by any singular IT mishap.', '1bphcng'], ['u/Alternative-Cost8481', 12, '2024-03-28 01:38', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kwvwc1e/', 'I just got a random $2.16 charge on my card on file on Panera and it popped up on my Apple Pay which is weird because you only get notifications if your card is used from that. I’m trying to contact Panera care now because this is not happening before the four day outage.', '1bphcng'], ['u/catonsteroids', 18, '2024-03-28 02:12', 'https://www.reddit.com/r/Panera/comments/1bphcng/any_answers_to_what_happened/kww1pot/', 'Could be the sips club monthly charge if you have it. I looked at my account and I’m supposed to be charged $2.17 next month.', '1bphcng']]], ['u/SimplyShred', 'It surely feels most retail here are overly optimistic and late buyers this cycle ', 23, '2024-03-28 01:28', 'https://www.reddit.com/r/MSTR/comments/1bphxfb/it_surely_feels_most_retail_here_are_overly/', 'This sub seems overly optimistic at the wrong time. “Be fearful when everyone is greedy.”\n\nFor context I was buying MSTR as low as $160-250 and have began to DCA out. I am a bitcoin bull but I am objective and now cautious. I have seen many cycles since 2013 and I know that when late stage retail enters with price predictions, memes, screen shots it’s time to DCA out. Before anyone comes to flame me, how many honestly were buying bitcoin at 16-22k and MSTR at $160-250 and throughout. \n\nI began positioning myself for the summer correction that is likely to come post halving. For starters we haven’t even tested the 200W moving average in the low 40ks and the longer we go the faster we fall. On the contrary the m... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['On Thursday, a federal judge sentenced formerFTX CEO Sam Bankman-Fried to 25 years in prisonafter he was found guilty on seven charges of wire fraud and money-laundering.\nThe scam he pulled was fairly simple: He and his partners created an exchange, FTX, that took customer deposits to invest in and trade cryptocurrencies. Some of those deposits were secretly funneled to his other company, hedge fund Alameda Research, which he\'d originally created to arbitrage differences among crypto prices in various countries. According to the government\'s case, which it won, Alameda used that money forvarious things it shouldn\'t have,like investing in other crypto startups, buying some very nice real estate, supporting political campaigns and — most important for purposes of the scam — propping up FTX\'s proprietary crypto token, FTT.\nA few document leaks andsome clever work by journalists at Coindesk, combined with a well-timed tweet by Changpeng "CZ" Zhao, who ran rival crypto exchange Binance, caused a run on FTX. The scheme unraveled in a matter of days, wiping out billions in customer money (although, apparently,they may get a fair portion of that money back). CZ himself is no longer running Binance, havingpleaded guiltyto money-laundering violations related to insufficient controls.\nThe sentencing brings to an end the most recent era of crypto, which was characterized by greater-fool get-rich-quick schemes on the way up — investors were lured in with promises of impossibly high returns on everything from digitally watermarked images to simple interest payments on the token of the week — andfraud investigations and indictmentson the way down.\nSam Bankman-Fried gets 25 years in prison for fraud and money laundering at FTX, ordered to pay $11B in forfeiture\nCrypto optimists like Andreessen-Horowitz\'s Chris Dixon suggest thatwe\'re now entering a more sober phase of crypto, where software developers will finally build useful applications on one of the many blockchains that have emerged since the original blockchain — the one underlying bitcoin —was first proposedby the pseudonymous Satoshi Nakamoto and distributed on Halloween 2008.\nThe problem with this point of view is that developers have been building a wide variety of applications on top of Ethereum and Solana and other Layer-1 blockchains for years now, and the only economically viable purpose any of them have served is speculation. Yes, it\'s possible to create a digitally authenticated piece of art, but the value of that art isn\'t in the aesthetic pleasure it brings, but rather in the possibility that somebody else will buy it for more money later.\nNearly everything else that\'s being built on or enabled by blockchains replaces something that\'s already being done fairly well. Self-executing smart contracts replace — you know, regular contracts. Which aren\'t perfect, but aren\'t so ridiculously inefficient that they grind the economy to a halt. Decentralized autonomous organizations, or DAOs, where decision-making is shared equally among all participants, replaces other decentralized organizational schemes characterized by hours of debate and few concrete decisions, likeholacracyorSan Francisco Board of Supervisors\' meetings. Jokes aside, where is the clear killer app for blockchains? Where\'s the runaway success story?\nForget runaway success: There hasn\'t even been a single blockchain-based startup with enough cashflow or profitability to go public. Yes, there are bitcoin mining companies likeRiot. Yes, there are companies that facilitate crypto trades likeCoinbaseandBlock(formerly Square). But there\'s no actual company that\'s developed economic value by doing something brand new or better on a blockchain.\nI\'m open to persuasion — pitch me, blockchain geniuses, with incredible value-creating startups! — but my view right now is that crypto will revert to the original function of Bitcoin as an alternative to nation-based currencies for storing and exchanging value. Its volatility may not make sense to people living in relatively stable economies, but in countries with runaway inflation, corrupt governance, civil unrest or war, the method of converting collapsing local currency to bitcoin to stablecoin to a stable national currency like the U.S. dollar will remain a reasonable and in-demand way for people with some means to preserve those means. It\'s also useful for sending remittances without having to pay outrageous fees for international money changers, and — sometimes — as a digital replacement for suitcases of cash for all kinds of underground economic activity.\nWhy bitcoin instead of one of the newer coins? Because those other coins are almost universally based on faith, trust and pixie dust; the main value they have is the value they\'re assigned by the people who hold and trade them. You can make a college sophomore bong hit argument that all money is that way, man, but in fact the U.S. dollar is backed by the massive economic and military power of the United States: actual control over actual resources that people actually want and need.\nBitcoin is similarly backed by something real and tangible: energy. Because of its proof-of-work model, the only way to make and validate new bitcoins is by consuming energy, whether it\'s burning natural gas or hooking up to a nearby nuclear plant. Energy drives the real-world economy, and unlessSam Altmanor somebody successfully unlocks fusion and delivers energy that\'s truly "too cheap to meter," it\'s going to remain a real asset with real value for some time. If demand for bitcoin were to stabilize, the price should theoretically track to the price of electricity. In fact, it wouldn\'t surprise me in the least if Satoshi had some kind of connection to the energy industry.', "• A mysterious group of cybercriminals has released an infostealer targeting gamers who cheat in video games, stealing their bitcoin holdings and impacting hundreds of thousands of players.\n• Game developer Activision Blizzard is working with cheat providers to help the affected players.\nVideo game cheaters may have finally met their match as a mysterious group of cybercriminals has reportedly released an information stealer malware targeting gamers who cheat in Call of Duty, stealing the bitcoin {{BTC}} holdings of some players.\nThe malware has already impacted hundreds of thousands of players and the numbers are still growing, as per malware market informer @vxunderground.\n“It should be noted that some of these accounts are also not cheaters,” @vxunderground added. “Some users impacted utilized gaming software for latency improvement, VPNs, and certain controller boosting software.”\nCall of Duty cheat code provider “PhantomOverlay” was first to notice the suspicious activity after users reported unauthorized purchases. Rival cheat providers like Elite PVPers confirmed similar attacks to @vxunderground in the past week.\nThe stolen data includes freshly stolen credentials, with some victims also reporting their Electrum wallets were also drained. The total amount of crypto stolen is still unknown.\nCall of Duty developer Activision Blizzard (ATVI) is reportedly working with the cheat code providers to help the affected players. The current estimated number of compromised accounts includes over 3.6 million Battlenet accounts, 561,000 Activision accounts, and 117,000 Elite PVPers accounts.\nMeanwhile, PhantomOverlay claimed the number of hacked accounts “are inflated” in a Telegram broadcast message on Wednesday.\nExploiters have targeted game cheaters for years. In 2018, a supposed cheat for the massively popular video game Fortniteturned out to be malwaredesigned to steal bitcoin wallet login details. Fortnite players wereagain targeted in 2019, with hackers blocking access to a user's entire computer data.", "• A mysterious group of cybercriminals has released an infostealer targeting gamers who cheat in video games, stealing their bitcoin holdings and impacting hundreds of thousands of players.\n• Game developer Activision Blizzard is working with cheat providers to help the affected players.\nVideo game cheaters may have finally met their match as a mysterious group of cybercriminals has reportedly released an information stealer malware targeting gamers who cheat in Call of Duty, stealing the bitcoin {{BTC}} holdings of some players.\nThe malware has already impacted hundreds of thousands of players and the numbers are still growing, as per malware market informer @vxunderground.\n“It should be noted that some of these accounts are also not cheaters,” @vxunderground added. “Some users impacted utilized gaming software for latency improvement, VPNs, and certain controller boosting software.”\nCall of Duty cheat code provider “PhantomOverlay” was first to notice the suspicious activity after users reported unauthorized purchases. Rival cheat providers like Elite PVPers confirmed similar attacks to @vxunderground in the past week.\nThe stolen data includes freshly stolen credentials, with some victims also reporting their Electrum wallets were also drained. The total amount of crypto stolen is still unknown.\nCall of Duty developer Activision Blizzard (ATVI) is reportedly working with the cheat code providers to help the affected players. The current estimated number of compromised accounts includes over 3.6 million Battlenet accounts, 561,000 Activision accounts, and 117,000 Elite PVPers accounts.\nMeanwhile, PhantomOverlay claimed the number of hacked accounts “are inflated” in a Telegram broadcast message on Wednesday.\nExploiters have targeted game cheaters for years. In 2018, a supposed cheat for the massively popular video game Fortniteturned out to be malwaredesigned to steal bitcoin wallet login details. Fortnite players wereagain targeted in 2019, with hackers blocking access to a user's entire computer data.", "Fewer assets recently have performed better thanBitcoin(CRYPTO: BTC). In the last five years, **Last 60 Days of Bitcoin's Closing Prices:** [43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-29 **Financial & Commodity Data:** - Gold Closing Price: $2217.40 - Crude Oil Closing Price: $83.17 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,377,599,092,969 - Hash Rate: 595046224.9834774 - Transaction Count: 449421.0 - Unique Addresses: 659374.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: In 2017, amid crypto's first full-blown bull cycle,Fidelityallowed employees to start paying for their lunch in the staff cafeteria using Bitcoin. From the outside, adopting crypto would seem to be an odd choice for an old-line firm like Fidelity, which launched in 1946 and manages trillions of dollars in assets. But underCEO Abigail Johnson, the granddaughter of Fidelity founder Edward Johnson II, the firm began dabbling in blockchain, includingminingBitcoin at its offices since 2014. "We at Fidelity can see that the evolution of technology is setting our industry up for disruption," Johnson said in 2017 at a blockchain event. The experiment allowing employees to pay for hamburgers withBitcoindidn't work out, Michael O'Reilly, the president of Fidelity's digital assets division, toldFortunein an interview. He joked that the only people who tried it out were the staffers who worked on the project. Fidelity's broader gamble on crypto, however, has been a resounding success. Today, the firm offers the second-most popular Bitcoin ETF with nearly $7 billion of inflows in thered-hotinvestment classapprovedin January, has set up a custody service for Bitcoin and Ether as competitors scramble to catch up, and has a multiyear head start on peers likeBlackRockand Franklin Templeton that are rushing into the blockchain market. As crypto prices boom once again, O'Reilly and three other employees working on Fidelity's digital asset products toldFortunethat the company is just getting started. "For us, it isn't whether digital assets are going to happen," O'Reilly said. "It's how we're going to play in the space." The Boston-based Fidelity may have started mining Bitcoin in 2014, but its first serious foray into crypto came in October 2018 when it began to custody Bitcoin for institutional investors, the first traditional financial firm to offer the service, with the nextcomingfour years later withBNY Mellon. The same month in 2018, Fidelity also launched its trading platform for Bitcoin. The company officiallyreceiveda license from the New York Department of Financial Services to offer trading and custody services the following year. Unlike exchanges such asCoinbase, Fidelity's product operates as an execution service, meaning that Fidelity would serve as the counterparty on every trade and find liquidity providers for the buyer or seller, rather than matching buyers and sellers. Fidelity expanded its custody and trading services to include Ether in 2022. Terrence Dempsey, the head of product strategy at Fidelity's digital assets subsidiary, said that approach not only provides more consistent pricing, but helps ease clients into the volatile world of crypto with a more traditional financial wrapper. "We're trying to abstract away a lot of the market structure and nuances of crypto for our customers and provide them with a very familiar experience," he toldFortune. While Fidelity's flashiest crypto product is its Bitcoin ETF, the custody and trading platform helped set the foundation. As the Securities and Exchange Commissiondebates rulemakingover which type of companies should be allowed to custody crypto assets—and how firms should account for them—Fidelity sits in a unique position. With its trust charter from DFS, Fidelity will likely fall under the key category of "qualified custodian" that's being considered by the SEC, and the firm has sentlettersto the agency advocating that state-chartered trust companies should meet the definition. And as lawmakersfight the agencyon a controversial accounting bulletin called SAB 121 that would require custodians to count digital assets as liabilities on their balance sheets, Fidelity could fall outside of the guidance as a non-public reporting company, although the financial industry's understanding of the suggested practice is still developing. Unlike publicly traded peers, Fidelity is a privately held company, with the Johnson family still owning 49% of shares and voting power, according toSEC filings. Beyond avoiding the potential pitfalls of SAB 121, O'Reilly said that the firm's private status allows it to take a more long-term view on sectors where competitors have steered clear, such as crypto. "Being privately held gives us quite an advantage there," he toldFortune. When the SEC approved the first slate of spot Bitcoin ETFs in January, eight of the 10 issuers to launch chose Coinbase to custody their Bitcoin, including BlackRock. The only exceptions were VanEck, which went with the Winklevoss twin-run Gemini, and Fidelity, which chose its own custody service. That every other issuer went with Coinbase, which is currentlyembroiledin litigation with the SEC, may seem surprising, especially with Fidelity serving as a clear alternative. But even though Fidelity's custody service is technically part of a separate subsidiary fromFidelity Investments, which issues the Bitcoin ETF, it's still a challenger to the other issuers. "We are, as a firm, offering an ETP," or exchange-traded product, O'Reilly said. "Often, you don't want to give assets of your ETP to a competitor." Cynthia Lo Bessette, head of the team within Fidelity responsible for the ETF, said that she expects that to change as issuers begin to tap secondary custodians for their products. "Diversification seems to be on people's minds," she toldFortune. But even without serving as a custodian for other issuers, Fidelity's own ETF is thriving. According to data from Bloomberg, its Wise Origin Bitcoin Fund has the second-largestinflowsof the new ETFs at nearly $7 billion, trailing only BlackRock's. Lo Bessette pointed to Fidelity's structure as a competitive advantage, serving as the only issuer to rely on its own custody and trading services, as well as providing its own index for pricing. "The way that we've designed the product is as a Fidelity full-stack offering," she said. Amid speculation about whether the field of issuers would consolidate over the next year, Lo Bessette demurred but did say it would be up to the individual sponsors whether the scale of their products makes it worthwhile to continue operating. Even with anarms raceover fees, the lowest-performing funds have seen less than $400 million of inflows, with WisdomTree collecting only about $60 million as of March 25. While the Bitcoin ETF remains Fidelity's top crypto product, the company still plans to expand its offerings. Fidelity is one of seven companies hoping tolauncha spot Ether ETF through an approval process pending with the SEC, although analystspredictthey will be rejected by the May deadline. Still, Ether represents a potent new field for Fidelity. Unlike Bitcoin, which operates under the energy-intensive proof-of-work consensus model, Ethereumswitchedto proof of stake in 2022, meaning Ether holders can receive a yield in return for staking their assets. While Fidelity currently does not offer staking services, Lo Bessette said that it's looking at product iterations that include staking. On March 18, Fidelityaddedan amendment to its ETF application to include a provision that would allow the fund to stake a portion of its assets. Regulatory uncertainty could still prevent Fidelity's entrance into the space, with the SEC likely to deny the ETH ETF applications, and staking itself fraught due to recentlawsuitsbrought by the agency against companies like Coinbase and Kraken that offered staking-as-a-service products. Dempsey said Fidelity's digital assets subsidiary also hopes to launch trading and custody services for other cryptocurrencies. "We did not set out to be a Bitcoin and Ethereum-only shop," he toldFortune, although the regulatory challenges around the security status of different assets—includingEther—continue to pose a challenge. As competitors like Franklin Templeton and BlackRock begin totokenizedifferent assets such as money marketfunds, Lo Bessette said Fidelity is exploring the potential of tokenization, although she declined to provide specific examples. While Fidelity may move faster than many of its TradFi peers, it still sits somewhere in between the crypto native firms like Coinbase and the mainstays likeVanguard. The result is a methodical approach that's still cautious of regulators while pushing further into blockchain experimentation. "In crypto, years are almost like decades," O'Reilly toldFortune. "That really is what has given us the advantage." This story was originally featured onFortune.com... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['On Thursday, a federal judge sentenced formerFTX CEO Sam Bankman-Fried to 25 years in prisonafter he was found guilty on seven charges of wire fraud and money-laundering.\nThe scam he pulled was fairly simple: He and his partners created an exchange, FTX, that took customer deposits to invest in and trade cryptocurrencies. Some of those deposits were secretly funneled to his other company, hedge fund Alameda Research, which he\'d originally created to arbitrage differences among crypto prices in various countries. According to the government\'s case, which it won, Alameda used that money forvarious things it shouldn\'t have,like investing in other crypto startups, buying some very nice real estate, supporting political campaigns and — most important for purposes of the scam — propping up FTX\'s proprietary crypto token, FTT.\nA few document leaks andsome clever work by journalists at Coindesk, combined with a well-timed tweet by Changpeng "CZ" Zhao, who ran rival crypto exchange Binance, caused a run on FTX. The scheme unraveled in a matter of days, wiping out billions in customer money (although, apparently,they may get a fair portion of that money back). CZ himself is no longer running Binance, havingpleaded guiltyto money-laundering violations related to insufficient controls.\nThe sentencing brings to an end the most recent era of crypto, which was characterized by greater-fool get-rich-quick schemes on the way up — investors were lured in with promises of impossibly high returns on everything from digitally watermarked images to simple interest payments on the token of the week — andfraud investigations and indictmentson the way down.\nSam Bankman-Fried gets 25 years in prison for fraud and money laundering at FTX, ordered to pay $11B in forfeiture\nCrypto optimists like Andreessen-Horowitz\'s Chris Dixon suggest thatwe\'re now entering a more sober phase of crypto, where software developers will finally build useful applications on one of the many blockchains that have emerged since the original blockchain — the one underlying bitcoin —was first proposedby the pseudonymous Satoshi Nakamoto and distributed on Halloween 2008.\nThe problem with this point of view is that developers have been building a wide variety of applications on top of Ethereum and Solana and other Layer-1 blockchains for years now, and the only economically viable purpose any of them have served is speculation. Yes, it\'s possible to create a digitally authenticated piece of art, but the value of that art isn\'t in the aesthetic pleasure it brings, but rather in the possibility that somebody else will buy it for more money later.\nNearly everything else that\'s being built on or enabled by blockchains replaces something that\'s already being done fairly well. Self-executing smart contracts replace — you know, regular contracts. Which aren\'t perfect, but aren\'t so ridiculously inefficient that they grind the economy to a halt. Decentralized autonomous organizations, or DAOs, where decision-making is shared equally among all participants, replaces other decentralized organizational schemes characterized by hours of debate and few concrete decisions, likeholacracyorSan Francisco Board of Supervisors\' meetings. Jokes aside, where is the clear killer app for blockchains? Where\'s the runaway success story?\nForget runaway success: There hasn\'t even been a single blockchain-based startup with enough cashflow or profitability to go public. Yes, there are bitcoin mining companies likeRiot. Yes, there are companies that facilitate crypto trades likeCoinbaseandBlock(formerly Square). But there\'s no actual company that\'s developed economic value by doing something brand new or better on a blockchain.\nI\'m open to persuasion — pitch me, blockchain geniuses, with incredible value-creating startups! — but my view right now is that crypto will revert to the original function of Bitcoin as an alternative to nation-based currencies for storing and exchanging value. Its volatility may not make sense to people living in relatively stable economies, but in countries with runaway inflation, corrupt governance, civil unrest or war, the method of converting collapsing local currency to bitcoin to stablecoin to a stable national currency like the U.S. dollar will remain a reasonable and in-demand way for people with some means to preserve those means. It\'s also useful for sending remittances without having to pay outrageous fees for international money changers, and — sometimes — as a digital replacement for suitcases of cash for all kinds of underground economic activity.\nWhy bitcoin instead of one of the newer coins? Because those other coins are almost universally based on faith, trust and pixie dust; the main value they have is the value they\'re assigned by the people who hold and trade them. You can make a college sophomore bong hit argument that all money is that way, man, but in fact the U.S. dollar is backed by the massive economic and military power of the United States: actual control over actual resources that people actually want and need.\nBitcoin is similarly backed by something real and tangible: energy. Because of its proof-of-work model, the only way to make and validate new bitcoins is by consuming energy, whether it\'s burning natural gas or hooking up to a nearby nuclear plant. Energy drives the real-world economy, and unlessSam Altmanor somebody successfully unlocks fusion and delivers energy that\'s truly "too cheap to meter," it\'s going to remain a real asset with real value for some time. If demand for bitcoin were to stabilize, the price should theoretically track to the price of electricity. In fact, it wouldn\'t surprise me in the least if Satoshi had some kind of connection to the energy industry.', "• A mysterious group of cybercriminals has released an infostealer targeting gamers who cheat in video games, stealing their bitcoin holdings and impacting hundreds of thousands of players.\n• Game developer Activision Blizzard is working with cheat providers to help the affected players.\nVideo game cheaters may have finally met their match as a mysterious group of cybercriminals has reportedly released an information stealer malware targeting gamers who cheat in Call of Duty, stealing the bitcoin {{BTC}} holdings of some players.\nThe malware has already impacted hundreds of thousands of players and the numbers are still growing, as per malware market informer @vxunderground.\n“It should be noted that some of these accounts are also not cheaters,” @vxunderground added. “Some users impacted utilized gaming software for latency improvement, VPNs, and certain controller boosting software.”\nCall of Duty cheat code provider “PhantomOverlay” was first to notice the suspicious activity after users reported unauthorized purchases. Rival cheat providers like Elite PVPers confirmed similar attacks to @vxunderground in the past week.\nThe stolen data includes freshly stolen credentials, with some victims also reporting their Electrum wallets were also drained. The total amount of crypto stolen is still unknown.\nCall of Duty developer Activision Blizzard (ATVI) is reportedly working with the cheat code providers to help the affected players. The current estimated number of compromised accounts includes over 3.6 million Battlenet accounts, 561,000 Activision accounts, and 117,000 Elite PVPers accounts.\nMeanwhile, PhantomOverlay claimed the number of hacked accounts “are inflated” in a Telegram broadcast message on Wednesday.\nExploiters have targeted game cheaters for years. In 2018, a supposed cheat for the massively popular video game Fortniteturned out to be malwaredesigned to steal bitcoin wallet login details. Fortnite players wereagain targeted in 2019, with hackers blocking access to a user's entire computer data.", "• A mysterious group of cybercriminals has released an infostealer targeting gamers who cheat in video games, stealing their bitcoin holdings and impacting hundreds of thousands of players.\n• Game developer Activision Blizzard is working with cheat providers to help the affected players.\nVideo game cheaters may have finally met their match as a mysterious group of cybercriminals has reportedly released an information stealer malware targeting gamers who cheat in Call of Duty, stealing the bitcoin {{BTC}} holdings of some players.\nThe malware has already impacted hundreds of thousands of players and the numbers are still growing, as per malware market informer @vxunderground.\n“It should be noted that some of these accounts are also not cheaters,” @vxunderground added. “Some users impacted utilized gaming software for latency improvement, VPNs, and certain controller boosting software.”\nCall of Duty cheat code provider “PhantomOverlay” was first to notice the suspicious activity after users reported unauthorized purchases. Rival cheat providers like Elite PVPers confirmed similar attacks to @vxunderground in the past week.\nThe stolen data includes freshly stolen credentials, with some victims also reporting their Electrum wallets were also drained. The total amount of crypto stolen is still unknown.\nCall of Duty developer Activision Blizzard (ATVI) is reportedly working with the cheat code providers to help the affected players. The current estimated number of compromised accounts includes over 3.6 million Battlenet accounts, 561,000 Activision accounts, and 117,000 Elite PVPers accounts.\nMeanwhile, PhantomOverlay claimed the number of hacked accounts “are inflated” in a Telegram broadcast message on Wednesday.\nExploiters have targeted game cheaters for years. In 2018, a supposed cheat for the massively popular video game Fortniteturned out to be malwaredesigned to steal bitcoin wallet login details. Fortnite players wereagain targeted in 2019, with hackers blocking access to a user's entire computer data.", "Fewer assets recently have performed better thanBitcoin(CRYPTO: BTC). In the last five years, **Last 60 Days of Bitcoin's Closing Prices:** [43288.25, 42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-29 **Financial & Commodity Data:** - Gold Closing Price: $2217.40 - Crude Oil Closing Price: $83.17 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,377,599,092,969 - Hash Rate: 595046224.9834774 - Transaction Count: 449421.0 - Unique Addresses: 659374.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: In 2017, amid crypto's first full-blown bull cycle,Fidelityallowed employees to start paying for their lunch in the staff cafeteria using Bitcoin. From the outside, adopting crypto would seem to be an odd choice for an old-line firm like Fidelity, which launched in 1946 and manages trillions of dollars in assets. But underCEO Abigail Johnson, the granddaughter of Fidelity founder Edward Johnson II, the firm began dabbling in blockchain, includingminingBitcoin at its offices since 2014. "We at Fidelity can see that the evolution of technology is setting our industry up for disruption," Johnson said in 2017 at a blockchain event. The experiment allowing employees to pay for hamburgers withBitcoindidn't work out, Michael O'Reilly, the president of Fidelity's digital assets division, toldFortunein an interview. He joked that the only people who tried it out were the staffers who worked on the project. Fidelity's broader gamble on crypto, however, has been a resounding success. Today, the firm offers the second-most popular Bitcoin ETF with nearly $7 billion of inflows in thered-hotinvestment classapprovedin January, has set up a custody service for Bitcoin and Ether as competitors scramble to catch up, and has a multiyear head start on peers likeBlackRockand Franklin Templeton that are rushing into the blockchain market. As crypto prices boom once again, O'Reilly and three other employees working on Fidelity's digital asset products toldFortunethat the company is just getting started. "For us, it isn't whether digital assets are going to happen," O'Reilly said. "It's how we're going to play in the space." The Boston-based Fidelity may have started mining Bitcoin in 2014, but its first serious foray into crypto came in October 2018 when it began to custody Bitcoin for institutional investors, the first traditional financial firm to offer the service, with the nextcomingfour years later withBNY Mellon. The same month in 2018, Fidelity also launched its trading platform for Bitcoin. The company officiallyreceiveda license from the New York Department of Financial Services to offer trading and custody services the following year. Unlike exchanges such asCoinbase, Fidelity's product operates as an execution service, meaning that Fidelity would serve as the counterparty on every trade and find liquidity providers for the buyer or seller, rather than matching buyers and sellers. Fidelity expanded its custody and trading services to include Ether in 2022. Terrence Dempsey, the head of product strategy at Fidelity's digital assets subsidiary, said that approach not only provides more consistent pricing, but helps ease clients into the volatile world of crypto with a more traditional financial wrapper. "We're trying to abstract away a lot of the market structure and nuances of crypto for our customers and provide them with a very familiar experience," he toldFortune. While Fidelity's flashiest crypto product is its Bitcoin ETF, the custody and trading platform helped set the foundation. As the Securities and Exchange Commissiondebates rulemakingover which type of companies should be allowed to custody crypto assets—and how firms should account for them—Fidelity sits in a unique position. With its trust charter from DFS, Fidelity will likely fall under the key category of "qualified custodian" that's being considered by the SEC, and the firm has sentlettersto the agency advocating that state-chartered trust companies should meet the definition. And as lawmakersfight the agencyon a controversial accounting bulletin called SAB 121 that would require custodians to count digital assets as liabilities on their balance sheets, Fidelity could fall outside of the guidance as a non-public reporting company, although the financial industry's understanding of the suggested practice is still developing. Unlike publicly traded peers, Fidelity is a privately held company, with the Johnson family still owning 49% of shares and voting power, according toSEC filings. Beyond avoiding the potential pitfalls of SAB 121, O'Reilly said that the firm's private status allows it to take a more long-term view on sectors where competitors have steered clear, such as crypto. "Being privately held gives us quite an advantage there," he toldFortune. When the SEC approved the first slate of spot Bitcoin ETFs in January, eight of the 10 issuers to launch chose Coinbase to custody their Bitcoin, including BlackRock. The only exceptions were VanEck, which went with the Winklevoss twin-run Gemini, and Fidelity, which chose its own custody service. That every other issuer went with Coinbase, which is currentlyembroiledin litigation with the SEC, may seem surprising, especially with Fidelity serving as a clear alternative. But even though Fidelity's custody service is technically part of a separate subsidiary fromFidelity Investments, which issues the Bitcoin ETF, it's still a challenger to the other issuers. "We are, as a firm, offering an ETP," or exchange-traded product, O'Reilly said. "Often, you don't want to give assets of your ETP to a competitor." Cynthia Lo Bessette, head of the team within Fidelity responsible for the ETF, said that she expects that to change as issuers begin to tap secondary custodians for their products. "Diversification seems to be on people's minds," she toldFortune. But even without serving as a custodian for other issuers, Fidelity's own ETF is thriving. According to data from Bloomberg, its Wise Origin Bitcoin Fund has the second-largestinflowsof the new ETFs at nearly $7 billion, trailing only BlackRock's. Lo Bessette pointed to Fidelity's structure as a competitive advantage, serving as the only issuer to rely on its own custody and trading services, as well as providing its own index for pricing. "The way that we've designed the product is as a Fidelity full-stack offering," she said. Amid speculation about whether the field of issuers would consolidate over the next year, Lo Bessette demurred but did say it would be up to the individual sponsors whether the scale of their products makes it worthwhile to continue operating. Even with anarms raceover fees, the lowest-performing funds have seen less than $400 million of inflows, with WisdomTree collecting only about $60 million as of March 25. While the Bitcoin ETF remains Fidelity's top crypto product, the company still plans to expand its offerings. Fidelity is one of seven companies hoping tolauncha spot Ether ETF through an approval process pending with the SEC, although analystspredictthey will be rejected by the May deadline. Still, Ether represents a potent new field for Fidelity. Unlike Bitcoin, which operates under the energy-intensive proof-of-work consensus model, Ethereumswitchedto proof of stake in 2022, meaning Ether holders can receive a yield in return for staking their assets. While Fidelity currently does not offer staking services, Lo Bessette said that it's looking at product iterations that include staking. On March 18, Fidelityaddedan amendment to its ETF application to include a provision that would allow the fund to stake a portion of its assets. Regulatory uncertainty could still prevent Fidelity's entrance into the space, with the SEC likely to deny the ETH ETF applications, and staking itself fraught due to recentlawsuitsbrought by the agency against companies like Coinbase and Kraken that offered staking-as-a-service products. Dempsey said Fidelity's digital assets subsidiary also hopes to launch trading and custody services for other cryptocurrencies. "We did not set out to be a Bitcoin and Ethereum-only shop," he toldFortune, although the regulatory challenges around the security status of different assets—includingEther—continue to pose a challenge. As competitors like Franklin Templeton and BlackRock begin totokenizedifferent assets such as money marketfunds, Lo Bessette said Fidelity is exploring the potential of tokenization, although she declined to provide specific examples. While Fidelity may move faster than many of its TradFi peers, it still sits somewhere in between the crypto native firms like Coinbase and the mainstays likeVanguard. The result is a methodical approach that's still cautious of regulators while pushing further into blockchain experimentation. "In crypto, years are almost like decades," O'Reilly toldFortune. "That really is what has given us the advantage." This story was originally featured onFortune.com... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["SINGAPORE,March 29, 2024/PRNewswire/ --OKX, a leading Web3 technology company, has issued updates forMarch 30, 2024.\nOKX Wallet Integrates with Corridor Finance, a Prominent BRC-20DeFiPlatform\nOKX Wallet is now integrated withCorridor Finance, a leading platform building a BRC20DeFiecosystem, including swap, bridge, and farming. This integration enables OKX Wallet users to leverage the benefits of diverse yield farming products, further expandingDeFito more BTC assets like BRC-20, NFTs and other BTC protocols, directly from the OKX Wallet web extension.OKX Wallet users can now access Corridor Finance by downloading the OKX Wallet web extension available on Chrome and Firefox, creating or adding an existing OKX Wallet, and connecting it to Corridor Finance via the web extension.\nCorridor Finance is dedicated to boosting the BRC20 ecosystem with its innovative solutions. It aims to bring a new level of diversity to yield farming products and broadenDeFi's reach.\nFor more information, please visit theOKX Support Center.\nFor further information, please contact:[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3,\xa0OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatilecryptowallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet's account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chaindecentralizedexchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3DeFi: A powerfulDeFiplatform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driverDaniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-wallet-integrates-with-corridor-finance-a-prominent-brc-20-defi-platform-302101992.html\nSOURCE OKX", 'Many growth investors gravitated back toward the cryptocurrency market this year as hopes for lower interest rates, the approvals of the firstBitcoinspot price exchange-traded funds (ETFs), and big institutional purchases suggested the "crypto winter" was over. However, it\'s still tough to gauge the true value of most cryptocurrencies, since their price is driven more by supply and demand than by an actual underlying business.\nEarlier this month, I suggested that investors buy threepromising tech stocks--Nvidia,Super Micro Computer, andASML-- instead of going all-in on cryptocurrencies. Today, I\'ll add three other speculative plays to that list of potential cryptocurrency alternatives:Symbotic(NASDAQ: SYM),QuantumScape(NYSE: QS), andIonQ(NYSE: IONQ).\nSymbotic is a provider of warehouse automation robots and software. It claims a $50 million investment in just one of its modules (which includes its robots and software) can generate $250 million in lifetime savings over 25 years.\nSymbotic went public by merging with a special purpose acquisition company (SPAC) in June 2022. Its revenue surged 136% in fiscal 2022 (which ended in September 2022) and 98% in fiscal 2023. However, most of that growth came from a deal withWalmart, which tapped Symbotic to automate all of its regional distribution centers across the U.S. through fiscal 2034. Walmart still owns 11% of Symbotic and accounted for 88% of its revenue in fiscal 2023.\nThat customer concentration is worrisome, but it\'s secured deals with other big retail customers likeTarget,Albertsons, and C&S Wholesale. It also launched a new warehouse-as-a-service platform called GreenBox with its other big backer,SoftBank, last July.\nAnalysts expect Symbotic\'s revenue to rise 48% in fiscal 2024 and 42% in fiscal 2025. It\'s still bleeding red ink, but it\'s expected to turn profitable on a generally accepted accounting principles (GAAP) basis by fiscal 2025. Its stock isn\'t cheap at 16 times this year\'s sales, but it might be a great pure play on the warehouse automation market.\nQuantumScape develops solid-state batteries, which are more stable, charge faster, and last longer than traditional lithium-ion batteries. Those batteries are a great fit for the electric vehicle (EV) market, and the company\'s biggest backer isVolkswagen. Like Symbotic, QuantumScape went public by merging with a SPAC in November 2020. But unlike Symbotic, QuantumScape doesn\'t generate any meaningful revenue yet.\nQuantumScape hasn\'t commercialized any of its batteries since its public debut, but its latest batteries could give EVs a range of 400-500 miles with a charge time of less than 15 minutes. It\'s also developing batteries that can reach 600 miles with a charge time of under 30 minutes. For reference, most top-tier lithium-ion batteries for EVs have a range of roughly 300 miles and a charge time of 30 minutes. Volkswagen also recently conducted an endurance test that found that QuantumScape\'s batteries could power an EV for over 310,000 miles "without any noticeable loss of range." Most lithium-ion batteries lose approximately 10% of their range after the first 200,000 miles.\nQuantumScape\'s technology sounds disruptive, but it\'s tough to value its stock without any revenue. However, if it successfully commercializes its first batteries before its like-minded competitors, its stock could skyrocket over the next few years.\nInvestors looking for another speculative play should take a look at IonQ, a quantum computing company that merged with a SPAC in October 2021. IonQ provides quantum computing power as a cloud-based service, and it\'s trying to shrink qubit processing unit (QPU) systems from several feet to a few inches wide with its "trapped ion" technology.\nIt expects that miniaturization to make it easier to build large quantum computing systems that process binary "bits" of zeros and ones simultaneously. That big leap could support the growth of the cloud, machine learning, and artificial intelligence (AI) markets.\nIonQ gauges its quantum computing power in algorithmic qubits (AQ). It achieved AQ 29 in 2023, AQ 35 earlier this year, and it aims to reach AQ 64 by 2025 with a longer-term target of 1,024 by 2028. It only generated $22 million in revenue in 2023, but it continues to lock in new government and commercial customers. Analysts expect its revenue to rise 77% in 2024 and 110% in 2025 -- so it could still have plenty of upside potential.\nIonQ isn\'t profitable yet, and its stock looks pricey at nearly 50 times this year\'s sales. But if it can achieve its ambitious miniaturization goals and scale up its business, its sales could soar as the nascent quantum computing market expands.\nShould you invest $1,000 in Symbotic right now?\nBefore you buy stock in Symbotic, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Symbotic wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002*.\nSee the 10 stocks\n*Stock Advisor returns as of March 25, 2024\nLeo Sunhas positions in ASML. The Motley Fool has positions in and recommends ASML, Bitcoin, Nvidia, Target, Volkswagen Ag, and Walmart. The Motley Fool has adisclosure policy.\n3 Growth Stocks With More Potential Than Any Cryptocurrencywas originally published by The Motley Fool', 'Shares of cryptocurrency exchangeCoinbase(NASDAQ: COIN)have made an incredible comeback over the past six months, more than tripling in that time. The stock is still trading below its all-time high, but much of the damage inflicted by the post-pandemic cryptocurrency crash has been undone.\nCoinbase slashed costs last year, which was enough to push its net income into positive territory, despite a slight decline in revenue. The company ended the year with about 24% fewer employees, compared to the start of the year.\nHigher interest rates also helped the cause. Coinbase\'s interest income more than doubled in 2023.\nWhile there\'s no doubt that Coinbase is a much leaner company today, its fortunes are still deeply intertwined with the boom-and-bustcryptocurrency market. Transaction revenue is still nearly half of total revenue, and some of Coinbase\'s non-transaction revenue ultimately depends on sustained interest in cryptocurrency.\nCoinbase does well when cryptocurrency prices are high and rising, with its results driven by heavy transaction volume. In contrast, it does poorly after prices have plunged and investor interest has dried up.\nIf you look at how Coinbase stock has performed since the company **Last 60 Days of Bitcoin's Closing Prices:** [42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-30 **Financial & Commodity Data:** - Gold Closing Price: $2217.40 - Crude Oil Closing Price: $83.17 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,373,010,829,206 - Hash Rate: 640501144.9474928 - Transaction Count: 490072.0 - Unique Addresses: 614851.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • Miners appear to have just sold long-dormant bitcoin, sourced from old block rewards, right when BTC plunged from its record high on Tuesday. • Given the market's thin liquidity, it could have had an outsized impact on bitcoin's price. Bitcoin's rapid price ascent during the last month, whichculminated in a new all-time highandquick reversalon Tuesday, has meant that some early miners have started selling their old block rewards – puttingpressure on bitcoin's price. On-chain dataspotted by CryptoQuantshows that, just before bitcoin peaked at new highs around $69,000 and then plunged to $62,000 on Tuesday, 1,000 bitcoin worth roughly $69 million were moved to Coinbase by addresses more than a decade old and that the research firm says are linked to miners. (Shifting long-dormant tokens to Coinbase, a large crypto exchange, can be a prelude to selling.) "Considering that the exchange order book shows 5-10 bitcoins of liquidity for every $100 price change, a sell-off of 1,000 bitcoins is highly likely to trigger a significant price drop," Bradley Park, an analyst at CryptoQuant, told CoinDesk in an interview. "Especially when traders are waiting to enter a short against bitcoin's all-time high like on Tuesday." Park said that the recent influx of bitcoin into exchanges reminds him of the sharp increase in BTC inflows that occurred before the 40% price drop on March 12, 2020, as Covid-19 began to rapidly escalate in severity, causing governments around the world to begin lockdowns,forcing a flight to safety for traders. When that sell-off finally ended,bitcoin had bottomed outat $3,850. "That time, it was also miners," Park continued.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02
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:** ["SINGAPORE,March 29, 2024/PRNewswire/ --OKX, a leading Web3 technology company, has issued updates forMarch 30, 2024.\nOKX Wallet Integrates with Corridor Finance, a Prominent BRC-20DeFiPlatform\nOKX Wallet is now integrated withCorridor Finance, a leading platform building a BRC20DeFiecosystem, including swap, bridge, and farming. This integration enables OKX Wallet users to leverage the benefits of diverse yield farming products, further expandingDeFito more BTC assets like BRC-20, NFTs and other BTC protocols, directly from the OKX Wallet web extension.OKX Wallet users can now access Corridor Finance by downloading the OKX Wallet web extension available on Chrome and Firefox, creating or adding an existing OKX Wallet, and connecting it to Corridor Finance via the web extension.\nCorridor Finance is dedicated to boosting the BRC20 ecosystem with its innovative solutions. It aims to bring a new level of diversity to yield farming products and broadenDeFi's reach.\nFor more information, please visit theOKX Support Center.\nFor further information, please contact:[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3,\xa0OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatilecryptowallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet's account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chaindecentralizedexchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3DeFi: A powerfulDeFiplatform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driverDaniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-wallet-integrates-with-corridor-finance-a-prominent-brc-20-defi-platform-302101992.html\nSOURCE OKX", 'Many growth investors gravitated back toward the cryptocurrency market this year as hopes for lower interest rates, the approvals of the firstBitcoinspot price exchange-traded funds (ETFs), and big institutional purchases suggested the "crypto winter" was over. However, it\'s still tough to gauge the true value of most cryptocurrencies, since their price is driven more by supply and demand than by an actual underlying business.\nEarlier this month, I suggested that investors buy threepromising tech stocks--Nvidia,Super Micro Computer, andASML-- instead of going all-in on cryptocurrencies. Today, I\'ll add three other speculative plays to that list of potential cryptocurrency alternatives:Symbotic(NASDAQ: SYM),QuantumScape(NYSE: QS), andIonQ(NYSE: IONQ).\nSymbotic is a provider of warehouse automation robots and software. It claims a $50 million investment in just one of its modules (which includes its robots and software) can generate $250 million in lifetime savings over 25 years.\nSymbotic went public by merging with a special purpose acquisition company (SPAC) in June 2022. Its revenue surged 136% in fiscal 2022 (which ended in September 2022) and 98% in fiscal 2023. However, most of that growth came from a deal withWalmart, which tapped Symbotic to automate all of its regional distribution centers across the U.S. through fiscal 2034. Walmart still owns 11% of Symbotic and accounted for 88% of its revenue in fiscal 2023.\nThat customer concentration is worrisome, but it\'s secured deals with other big retail customers likeTarget,Albertsons, and C&S Wholesale. It also launched a new warehouse-as-a-service platform called GreenBox with its other big backer,SoftBank, last July.\nAnalysts expect Symbotic\'s revenue to rise 48% in fiscal 2024 and 42% in fiscal 2025. It\'s still bleeding red ink, but it\'s expected to turn profitable on a generally accepted accounting principles (GAAP) basis by fiscal 2025. Its stock isn\'t cheap at 16 times this year\'s sales, but it might be a great pure play on the warehouse automation market.\nQuantumScape develops solid-state batteries, which are more stable, charge faster, and last longer than traditional lithium-ion batteries. Those batteries are a great fit for the electric vehicle (EV) market, and the company\'s biggest backer isVolkswagen. Like Symbotic, QuantumScape went public by merging with a SPAC in November 2020. But unlike Symbotic, QuantumScape doesn\'t generate any meaningful revenue yet.\nQuantumScape hasn\'t commercialized any of its batteries since its public debut, but its latest batteries could give EVs a range of 400-500 miles with a charge time of less than 15 minutes. It\'s also developing batteries that can reach 600 miles with a charge time of under 30 minutes. For reference, most top-tier lithium-ion batteries for EVs have a range of roughly 300 miles and a charge time of 30 minutes. Volkswagen also recently conducted an endurance test that found that QuantumScape\'s batteries could power an EV for over 310,000 miles "without any noticeable loss of range." Most lithium-ion batteries lose approximately 10% of their range after the first 200,000 miles.\nQuantumScape\'s technology sounds disruptive, but it\'s tough to value its stock without any revenue. However, if it successfully commercializes its first batteries before its like-minded competitors, its stock could skyrocket over the next few years.\nInvestors looking for another speculative play should take a look at IonQ, a quantum computing company that merged with a SPAC in October 2021. IonQ provides quantum computing power as a cloud-based service, and it\'s trying to shrink qubit processing unit (QPU) systems from several feet to a few inches wide with its "trapped ion" technology.\nIt expects that miniaturization to make it easier to build large quantum computing systems that process binary "bits" of zeros and ones simultaneously. That big leap could support the growth of the cloud, machine learning, and artificial intelligence (AI) markets.\nIonQ gauges its quantum computing power in algorithmic qubits (AQ). It achieved AQ 29 in 2023, AQ 35 earlier this year, and it aims to reach AQ 64 by 2025 with a longer-term target of 1,024 by 2028. It only generated $22 million in revenue in 2023, but it continues to lock in new government and commercial customers. Analysts expect its revenue to rise 77% in 2024 and 110% in 2025 -- so it could still have plenty of upside potential.\nIonQ isn\'t profitable yet, and its stock looks pricey at nearly 50 times this year\'s sales. But if it can achieve its ambitious miniaturization goals and scale up its business, its sales could soar as the nascent quantum computing market expands.\nShould you invest $1,000 in Symbotic right now?\nBefore you buy stock in Symbotic, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Symbotic wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002*.\nSee the 10 stocks\n*Stock Advisor returns as of March 25, 2024\nLeo Sunhas positions in ASML. The Motley Fool has positions in and recommends ASML, Bitcoin, Nvidia, Target, Volkswagen Ag, and Walmart. The Motley Fool has adisclosure policy.\n3 Growth Stocks With More Potential Than Any Cryptocurrencywas originally published by The Motley Fool', 'Shares of cryptocurrency exchangeCoinbase(NASDAQ: COIN)have made an incredible comeback over the past six months, more than tripling in that time. The stock is still trading below its all-time high, but much of the damage inflicted by the post-pandemic cryptocurrency crash has been undone.\nCoinbase slashed costs last year, which was enough to push its net income into positive territory, despite a slight decline in revenue. The company ended the year with about 24% fewer employees, compared to the start of the year.\nHigher interest rates also helped the cause. Coinbase\'s interest income more than doubled in 2023.\nWhile there\'s no doubt that Coinbase is a much leaner company today, its fortunes are still deeply intertwined with the boom-and-bustcryptocurrency market. Transaction revenue is still nearly half of total revenue, and some of Coinbase\'s non-transaction revenue ultimately depends on sustained interest in cryptocurrency.\nCoinbase does well when cryptocurrency prices are high and rising, with its results driven by heavy transaction volume. In contrast, it does poorly after prices have plunged and investor interest has dried up.\nIf you look at how Coinbase stock has performed since the company **Last 60 Days of Bitcoin's Closing Prices:** [42952.61, 42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-30 **Financial & Commodity Data:** - Gold Closing Price: $2217.40 - Crude Oil Closing Price: $83.17 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,373,010,829,206 - Hash Rate: 640501144.9474928 - Transaction Count: 490072.0 - Unique Addresses: 614851.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • Miners appear to have just sold long-dormant bitcoin, sourced from old block rewards, right when BTC plunged from its record high on Tuesday. • Given the market's thin liquidity, it could have had an outsized impact on bitcoin's price. Bitcoin's rapid price ascent during the last month, whichculminated in a new all-time highandquick reversalon Tuesday, has meant that some early miners have started selling their old block rewards – puttingpressure on bitcoin's price. On-chain dataspotted by CryptoQuantshows that, just before bitcoin peaked at new highs around $69,000 and then plunged to $62,000 on Tuesday, 1,000 bitcoin worth roughly $69 million were moved to Coinbase by addresses more than a decade old and that the research firm says are linked to miners. (Shifting long-dormant tokens to Coinbase, a large crypto exchange, can be a prelude to selling.) "Considering that the exchange order book shows 5-10 bitcoins of liquidity for every $100 price change, a sell-off of 1,000 bitcoins is highly likely to trigger a significant price drop," Bradley Park, an analyst at CryptoQuant, told CoinDesk in an interview. "Especially when traders are waiting to enter a short against bitcoin's all-time high like on Tuesday." Park said that the recent influx of bitcoin into exchanges reminds him of the sharp increase in BTC inflows that occurred before the 40% price drop on March 12, 2020, as Covid-19 began to rapidly escalate in severity, causing governments around the world to begin lockdowns,forcing a flight to safety for traders. When that sell-off finally ended,bitcoin had bottomed outat $3,850. "That time, it was also miners," Park continued.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Investors and traders may be congratulating themselves for a great first quarter.\nBut the smart money already is looking at what\'s coming next for stocks and the economy.\nBulls are in firm control of U.S. and most global markets. One could see them at work in futures trading late Sunday.\xa0Stock-index futures were uniformly higher, a sign that markets will open higher on Monday.\nThe bullishness is the result of the strength of the five-month old stock rally.\nThere were record closes on March 28 for the Standard & Poor\'s 500 Index and the Dow Jones Industrial Average and continued strength in stocks in the Nasdaq Composite.\nAt the same time, interest rates appear to have stabilized, and many analysts say markets can handle the Federal Reserve\'s patient policy toward cutting interest rates. (The Fed\'s mantra seems to be: "Yes, we\'ll cut\xa0—\xa0when we\'re ready.")\nA key inflation reading on Friday was above the Fed\'s goal of 2% inflation, but no one seemed terribly concerned about it. Early trading in oil futures suggests price increases are slowing for now.\nRelated: The Fed\'s stock market influence, like inflation pressure, continues to fade\nWhile investors will be watching overall markets closely, two other events this week will demand attention:\n• The bitter, emotional proxy fight for control of Walt Disney(DIS).\n• The monthly jobs report due Friday before U.S. markets open. The report can quickly move markets up or down.\nThe expectation on the jobs report is the U.S. unemployment rate held steady in March at 3.9%, with nonfarm payrolls growing by 205,000. A big gain could spook bond markets and send interest rates higher — and stocks lower.\nMonday\'s markets will also function as a report card on the March 28 report on consumer inflation.\nThe Bureau of Economic Analysis reported that itsPersonal Consumption Expenditures Price Indexrose 2.5% year over year. Its core measure showed a 2.8% increase.\nHow good was the market in March?\nThe S&P 500 Index rose 10.2%, its best first-quarter performance since 2019. The Dow added 5.6%, and the Nasdaq Composite was up 9.1%.\nThe S&P 500 set eight\xa0closing highs during the month and 22 in the first quarter. The Dow hit three (with a total of 17 year-to-date). Both indexes, in fact, finished the month with record closes.\nThe Nasdaq Composite had two record closes in the month, the last on March 22, and ended up 1.8% for the month and 9.1% in the quarter.\nAll 11 sectors of the index showed gains during the month, led by the energy sector, up 10.4%, and materials, up 6.2%.\nThe weakest sector was Consumer Discretionary, up just 0.01%.\xa0The group includes Tesla(TSLA), down 12.9% for the month; retailer Lululemon Athletica(LULU), down 16.4%. was the weakest. Dow component Nike(NKE)was off 9.6%.\nChipmaker Micron Technology(MU)was the top S&P 500 stock in the month, up 30.11%. But it was the only semiconductor stock in the the top 10.\nNvidia(NVDA)was uponly14.2%. It\'s still up 82.5% on the year.\nBitcoin finished March (on Sunday) at $71,024, up 14.4% for the month and 67% for the year.\nThe close, however, was 3.3% below bitcoin\'s closing high of $73,463 on March 13 and nearly 3.8% from its intraday peak of $73,798 on March 14.\nWhat gives bulls optimism are four factors:\n• There are few signs the stock market is overbought. Relative-strength indexes are below levels that get traders\' attention.\n• There won\'t be a government shutdown.\n• The economy and markets have been able to carry on despite the current interest-rate environment.\n• The Federal Reserve may not be in a rush to cut interest rates, but the central bank doesn\'t appear interested in raising them either. The 10-year Treasury yield moved up to as high as 4.33% from 3.9% at the end of 2023 but drifted back to 4.2% at month\'s end.\nThe big risks: An angry, disputed U.S. election in the fall and the risk of widening war in Europe or the Middle East.\nMeanwhile, the proxy fight for control of Walt Disney(DIS)will grab eyes and ears this week all the way into Disney\'s annual meeting, which starts at 1 p.m. EDT (10 a.m. PDT) on Wednesday.\nThat\'s when the votes will be counted on whether candidates from two groups of activist investors will be elected to the Disney board.\nA note: This is a virtual meeting.\n• You can listen in by going to the Disney Investors Relations site.\n• Oraccess the meeting directly here.\n• If you are a shareholder and want to ask questions, you must pre-register.\nThe Disney battle is an election where you can\'t poll the voters\xa0— in this case, the actual shareholders\xa0—\xa0to any reliable degree. They just mark their proxies and send them in.\nNormally, big investors dominate the voting in a proxy fight, but small investors control around 40% of Disney\'s shares, and they may well decide the battle.\nSome small investors are in the game just to make money from the stock. Others were given shares as children or bought some with earnings from high-school jobs and haven\'t sold.\nThe Disney fight is primarily with Trian Fund Management, led by the activist investor Nelson Peltz. Trian controls 1.8% of Disney\'s shares and wants to vote Peltz and a former Disney executive, Jay Rasulo, onto the board.\nMore on Disney\n• Billionaire investor has a problem with ‘woke’ Disney movies\n• Analysts adjust Disney stock price targets ahead of proxy fight\n• Analysts unveil new Disney stock price targets after earnings\nA second group, known as Blackwells Group, led by Blackwells Capital Management, is also in the fight, hoping to elect three candidates to the board.\nThe fight gets more expensive by the day.\nPeltz has estimated he\'s spent $25 million on his campaign,The New York Times reported. Disney guesses their costs at $40 million.\nTensions are rising as investors big and small take sides. Peltz has even weighed in about what he thinks of the kinds of entertainment the company produces.\nHe was criticized recently for suggesting Disney should stop making films with all-African-American casts or all-female casts. Disney\'s Marvel unit did produce "Black Panther" in 2018, which grossed $1.3 billion worldwide.\nPresumably, either of the groups trying to get on Disney\'s board would advocate strongly for trimmed production spending for Disney\'s entertainment assets and lower operating costs for its theme parks. And they\'d seek greater direct returns to shareholders.\nShutterstock\nDisney\'s shares struggled between an early 2021 peak of about $200, falling to as low as $79.33 on Oct. 27, 2023.\nThat was, ironically, the day the market bottomed and started its big fall rally.\nDisney closed at $122.36 on\xa0March 28, the last day of trading for the month.\xa0Its 35.2% first-quarter gain was the best performance of any stock in the Dow Jones Industrial Average. It was also the ninth-best year-to-date performer in the Standard & Poor\'s 500 Index.\nThe shares are up 54% from the Oct. 27 market bottom, second-best among the Dow stocks after the 61% gain for American Express(AXP).\nAside from the jobs report, the week ahead does not feature huge economic reports that can send stocks and bonds higher or detail the big rally that started in October.\nBut watch the OPEC meeting this week. Oil prices are up 16% so far in 2024. And retail gasoline prices have moved up nearly 14% this year, a faster pace than a year ago.\nNo change in policy is expected. Reuters reported global oil prices are risingbecause of worries that war in Middle East and attacks on Russian energy infrastructure could disrupt supplies.\nAs of Sunday, theAmerican Automobile Association\'s daily price surveyshowed the national price of regular unleaded gasoline at $3.535 a gallon, basically flat for the past 10 days but up 13.6% this year.\nOnly 137 fourth-quarter-earnings reports are due this week. Among the biggest is payroll-services provider Paychex(PAYX)on Tuesday. The consensus estimate is $1.36 a share, up from $1.29 a year earlier.\nThe first-quarter-earnings season, however, starts at 8:30 a.m. on April 12 when JP Morgan Chase(JPM)reports first-quarter results. Investors admire the banking giant; its shares are up 17.8% this year. The average analyst estimate: $4.16 a share.\nRelated: Veteran fund manager picks favorite stocks for 2024', "In theory, looking ahead at markets this week should be focusing on the big quarter just ended and what the prospects are for stocks and the economy.\nIn theory.\nBut a lot of attention will be paid to the bitter, emotional proxy fight for control of the Walt Disney Co.(DIS).\nAt the same time, there\xa0is a huge report that will move markets this week: the monthly jobs report due Friday before U.S. markets open.\nThe expectation is for the U.S. unemployment rate to hold at 3.9%, with non-farm payrolls growing by 205,000.\xa0 A big gain could spook bond markets and sent interest rates higher\xa0— and stocks lower.\nRelated: The Fed's stock market influence, like inflation pressure, continues to fade\nIn addition, Monday's markets will have to weigh whether a Friday report was good or bad. The Bureau of Economic Analysis reported that itsPersonal Consumption Expenditures Price Indexrose 2.5% year over year. Its core measure showed a 2.8% increase.\nFed Chairman Jerome Powell said the numbers were in line with estimates. Markets won't weigh in until Sunday night.\nHow good was the market in March?\nThe Standard & Poor's 500 Index rose 10.2%, its best first-quarter performance since 2019. The Dow added 5.6%, and the Nasdaq Composite was up 9.1%.\nThe S&P set eight new closing highs during the month. The Dow hit three. Both indexes, in fact, finished the month with record closes.\nThe Nasdaq Composite had two record closes in the month, the last on March 22, and ended up 1.8% for the month.\nAll 11 sectors of the index showed gains during the month, led by the energy sector, up 10.4%, and materials up 6.2%.\nThe weakest sector was Consumer Discretion **Last 60 Days of Bitcoin's Closing Prices:** [42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-03-31 **Financial & Commodity Data:** - Gold Closing Price: $2217.40 - Crude Oil Closing Price: $83.17 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,398,046,706,775 - Hash Rate: 566120366.8245583 - Transaction Count: 319675.0 - Unique Addresses: 546293.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • Craig Wright's legal team denied the Crypto Open Patent Alliance's arguments in its closing argument Wednesday. • COPA took Wright to court last month to try and prove he is not Satoshi Nakamoto, the creator of Bitcoin. Craig Wright's team started its closing submissions on Wednesday by rebutting the Crypto Open Patent Alliance'sfraud allegationsagainst Wright in a trial that is set to find out whether or not Wright is Satoshi Nakamoto, the creator of Bitcoin. Anthony Grabiner, Wright's attorney, hit back at COPA's argument thatprivate signing sessionsWright hosted to prove he was the Bitcoin founder had been subverted, saying that no proof had been presented. He also argued that COPA's witness Patrick Madden's evidence was inadmissible due to his ties with COPA. Madden had testified that many of Wright's reliance documents had been altered "often with the apparent purpose of supporting his claims," a court document seen by CoinDesk showed. Grabiner later added that in Wright's defense, he had not said that his reliance documents hadnever been edited. COPA's counsel said in his closing statements on Tuesday that the evidence shared during the trial shows “beyond doubt” that Wright isn’t Satoshi. COPA's representatives also said they plan to ask U.K. prosecutors to consider if the computer scientist perjured himself during the trial. The results of the casecould have repercussions on other existing trials against crypto exchanges and developers. Wright's counsel will continue giving their closing statement on Thursday. Read more:COPA vs Wright: What's at Stake as the Trial to Determine Satoshi's Identity Wraps Up... - Reddit Posts (Sample): [['u/asphodyne', 'Fact check these assertions about Voyager bankruptcy tax treatment', 19, '2024-03-31 01:00', 'https://www.reddit.com/r/Invest_Voyager/comments/1brwecy/fact_check_these_assertions_about_voyager/', '1. VGX was liquidated at 8.5 cents per token on 6/4/2023. If your cost basis is higher, this results in a capital loss taken for tax year 2023.\n2. BTC and ETH and USDC were returned in-kind. There is no loss or gain until you sell. However the cost basis of these assets increased as a result of the bankruptcy recovery process.\n3. Future recoveries, withheld pending litigation, will not be distributed in-kind. They will be paid out in USD.\n4. If future recoveries are paid out in USD, this means that the tax treatment will be ordinary income in the year of future recovery, resulting in a less favorable tax treatment in most jurisdictions.\n\nAre all these statements true?', 'https://www.reddit.com/r/Invest_Voyager/comments/1brwecy/fact_check_these_assertions_about_voyager/', '1brwecy', [['u/LeftAct8968', 13, '2024-03-31 03:20', 'https://www.reddit.com/r/Invest_Voyager/comments/1brwecy/fact_check_these_assertions_about_voyager/kxc55vi/', 'I just wanted to comment f Steve. Good luck 😂', '1brwecy']]], ['u/AxmKap', 'My Story / Crypto Ray', 321, '2024-03-31 01:03', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/', "I was on a flight home from Frankfurt Nov-2021 sitting next to a guy named Ray and he was on his laptop looking at all these graphs related to various crypto currencies. We started chatting and he told me all about BTC. We probably went on for a few hours and he answered all my questions.\n\nFast forward about a week and I texted him that I bought my first piece of Bitcoin. Now obviously this was right off the former high and I spent 2022 questioning myself. But I never gave up - was only buying small increments because I needed money to get a place to live and more or less survive.\n\nNow my balance is about $8,600. I know that's peanuts compared to most of you but that's also about $4,600 profit I didn't have previously. Just wanted to share my story. Living expenses are a little tight and can't buy as much as I would like but enjoying the ride now after being negative all of 2022. 🙂 I returned to Frankfurt last year to visit so now the city holds dear to me and I haven't contacted Ray since the beginning but he will always be Crypto Ray. 😆", 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/', '1brwgc5', [['u/marcio-a23', 33, '2024-03-31 01:31', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxby4pb/', 'Hodl this is going 10x soon', '1brwgc5'], ['u/anthonyevans777', 115, '2024-03-31 01:39', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxbza79/', 'Crypto ray gone change ya life when you see $80k in your account', '1brwgc5'], ['u/AxmKap', 23, '2024-03-31 01:42', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxbzn5v/', 'He\'s my "Mark Hanna". 😆😆', '1brwgc5'], ['u/AxmKap', 20, '2024-03-31 01:43', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxbztup/', 'No plans to sell. 👍', '1brwgc5'], ['u/KiNGMF', 11, '2024-03-31 03:09', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxc3myp/', 'to think I missed the lows during 2020-2021 😞', '1brwgc5'], ['u/Melbonaut', 50, '2024-03-31 03:09', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxc3nms/', "If you've still got his details, msg him. He'll be stoked you've named him crypto Ray I'm sure.", '1brwgc5'], ['u/Deathdar1577', 16, '2024-03-31 03:42', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxc8e48/', 'There will be future lows. Prepare now for them.', '1brwgc5'], ['u/LuLzWire', 18, '2024-03-31 04:13', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxccsu3/', 'Reminds me of when I was in a Car Dealership with a friend and my now ex about 6 years ago. Him and I were talking about crypto and one of the sales guys started talking with us... we told him all about it and he said he would go home and check it out. I gave him my number and told him to call me if he ever wanted to talk. About two years ago he called me thanking me because after our talk he put some money in and was doing very well now. He then started asking about a few random meme coins, I tried steering him true to the wind.. but not sure if he listened or nae... maybe in a couple more years Ill get another call.', '1brwgc5'], ['u/Sodo2024', 10, '2024-03-31 05:28', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxcmrjg/', 'Telling people about BTC is like telling them about Jesus. People won’t believe until they experience it for themselves.', '1brwgc5'], ['u/Appropriate-Tank4789', 13, '2024-03-31 10:39', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxdfzaq/', 'I used to work in a small company in the US. Back in 2014 I started to buy some BTC after I read a story about a guy in UK who cashed out his BTC and bought a house. I shared my purchases with my coworkers in the company but none of them bought any when I left the company in 2018. They always asked me how BTC was performing but no one was interested in it. I guess now they maybe regretting not buying it in early days.', '1brwgc5']]], ['u/rundown03', 'This is only the 4th halving of many to come.', 502, '2024-03-31 01:18', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/', "But here's the kicker: we've only just hit the 4th one. That means we've got a whopping 29 more halvings ahead of us. A total of 33 halvings. That's a road stretching out into the future so far, we can't even see where it ends. Our mortal bodies won't allow us. Bitcoin will just continue to work forever.\n\nSure, Bitcoin has made headlines and drawn attention, but let's not forget that most people haven't even dipped their toes into it yet. There's still a whole world of potential waiting to be tapped. Just imagine all the companies fomoing into the ETF right when the next rip up will happen.\n\nSo, as we gear up for this next halving, let's remember: this is just the beginning. We're embarking on a journey with Bitcoin that's going to last for decades. And the best part? We're only getting started.\n\nThe people telling you we're early are indeed correct. ", 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/', '1brwsbs', [['u/haplo_and_dogs', 392, '2024-03-31 01:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxby03w/', "Each halving is half as important.\n\n\nIt's like radioactive decay.\xa0 \xa0Every halving in the future summed together is vastly less important than a single halving that has already occurred.", '1brwsbs'], ['u/AGROCRAG004', 94, '2024-03-31 01:54', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc1euc/', 'If this is truly your 4th time, there’s no way you’re not at least a millionaire by now right?', '1brwsbs'], ['u/InclineDumbbellPress', 873, '2024-03-31 01:54', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc1g6b/', 'Look dude Im just trying to make it through the weekend', '1brwsbs'], ['u/WalterClements1', 31, '2024-03-31 01:57', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc1vz8/', 'I can’t even plan ahead for tomorrow let alone the future man', '1brwsbs'], ['u/JynsRealityIsBroken', 68, '2024-03-31 03:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc2n3h/', 'Probably bought high, sold low each time', '1brwsbs'], ['u/distressedacorn', 170, '2024-03-31 03:05', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc33tp/', "“I don't know half of you half as well as I should like; and I like less than half of you half as well as you deserve.”", '1brwsbs'], ['u/distressedacorn', 21, '2024-03-31 03:08', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc3hvh/', "We'll all be dead before the 29th halving, and that's assuming that quantum computers haven't made crypto irrelevant by then.", '1brwsbs'], ['u/FoozMuz', 28, '2024-03-31 03:12', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc416r/', 'I met a guy on his 4th cycle now and has gotten nowhere. Simply built different.', '1brwsbs'], ['u/alander4', 29, '2024-03-31 03:19', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc52q0/', 'That quote is precious to me', '1brwsbs'], ['u/r66yprometheus', 28, '2024-03-31 03:19', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc53pt/', "The next 10 years are going to be mass accumulation. By the end of it, there will only be about 4.75% of the total supply remaining. This last 1M btc remaining is when true scarcity will be seen.\n\nFrom what I've read, you have 10 years to load the boat, and then it will be too late for generational wealth.", '1brwsbs'], ['u/Smart-Racer', 33, '2024-03-31 03:26', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc60mg/', 'Halving is every time I buy something', '1brwsbs'], ['u/tiletap', 44, '2024-03-31 03:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc6sfk/', "I'm not convinced there's another way", '1brwsbs'], ['u/RevolutionaryPie5223', 38, '2024-03-31 03:33', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_o... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88
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:** ['Investors and traders may be congratulating themselves for a great first quarter.\nBut the smart money already is looking at what\'s coming next for stocks and the economy.\nBulls are in firm control of U.S. and most global markets. One could see them at work in futures trading late Sunday.\xa0Stock-index futures were uniformly higher, a sign that markets will open higher on Monday.\nThe bullishness is the result of the strength of the five-month old stock rally.\nThere were record closes on March 28 for the Standard & Poor\'s 500 Index and the Dow Jones Industrial Average and continued strength in stocks in the Nasdaq Composite.\nAt the same time, interest rates appear to have stabilized, and many analysts say markets can handle the Federal Reserve\'s patient policy toward cutting interest rates. (The Fed\'s mantra seems to be: "Yes, we\'ll cut\xa0—\xa0when we\'re ready.")\nA key inflation reading on Friday was above the Fed\'s goal of 2% inflation, but no one seemed terribly concerned about it. Early trading in oil futures suggests price increases are slowing for now.\nRelated: The Fed\'s stock market influence, like inflation pressure, continues to fade\nWhile investors will be watching overall markets closely, two other events this week will demand attention:\n• The bitter, emotional proxy fight for control of Walt Disney(DIS).\n• The monthly jobs report due Friday before U.S. markets open. The report can quickly move markets up or down.\nThe expectation on the jobs report is the U.S. unemployment rate held steady in March at 3.9%, with nonfarm payrolls growing by 205,000. A big gain could spook bond markets and send interest rates higher — and stocks lower.\nMonday\'s markets will also function as a report card on the March 28 report on consumer inflation.\nThe Bureau of Economic Analysis reported that itsPersonal Consumption Expenditures Price Indexrose 2.5% year over year. Its core measure showed a 2.8% increase.\nHow good was the market in March?\nThe S&P 500 Index rose 10.2%, its best first-quarter performance since 2019. The Dow added 5.6%, and the Nasdaq Composite was up 9.1%.\nThe S&P 500 set eight\xa0closing highs during the month and 22 in the first quarter. The Dow hit three (with a total of 17 year-to-date). Both indexes, in fact, finished the month with record closes.\nThe Nasdaq Composite had two record closes in the month, the last on March 22, and ended up 1.8% for the month and 9.1% in the quarter.\nAll 11 sectors of the index showed gains during the month, led by the energy sector, up 10.4%, and materials, up 6.2%.\nThe weakest sector was Consumer Discretionary, up just 0.01%.\xa0The group includes Tesla(TSLA), down 12.9% for the month; retailer Lululemon Athletica(LULU), down 16.4%. was the weakest. Dow component Nike(NKE)was off 9.6%.\nChipmaker Micron Technology(MU)was the top S&P 500 stock in the month, up 30.11%. But it was the only semiconductor stock in the the top 10.\nNvidia(NVDA)was uponly14.2%. It\'s still up 82.5% on the year.\nBitcoin finished March (on Sunday) at $71,024, up 14.4% for the month and 67% for the year.\nThe close, however, was 3.3% below bitcoin\'s closing high of $73,463 on March 13 and nearly 3.8% from its intraday peak of $73,798 on March 14.\nWhat gives bulls optimism are four factors:\n• There are few signs the stock market is overbought. Relative-strength indexes are below levels that get traders\' attention.\n• There won\'t be a government shutdown.\n• The economy and markets have been able to carry on despite the current interest-rate environment.\n• The Federal Reserve may not be in a rush to cut interest rates, but the central bank doesn\'t appear interested in raising them either. The 10-year Treasury yield moved up to as high as 4.33% from 3.9% at the end of 2023 but drifted back to 4.2% at month\'s end.\nThe big risks: An angry, disputed U.S. election in the fall and the risk of widening war in Europe or the Middle East.\nMeanwhile, the proxy fight for control of Walt Disney(DIS)will grab eyes and ears this week all the way into Disney\'s annual meeting, which starts at 1 p.m. EDT (10 a.m. PDT) on Wednesday.\nThat\'s when the votes will be counted on whether candidates from two groups of activist investors will be elected to the Disney board.\nA note: This is a virtual meeting.\n• You can listen in by going to the Disney Investors Relations site.\n• Oraccess the meeting directly here.\n• If you are a shareholder and want to ask questions, you must pre-register.\nThe Disney battle is an election where you can\'t poll the voters\xa0— in this case, the actual shareholders\xa0—\xa0to any reliable degree. They just mark their proxies and send them in.\nNormally, big investors dominate the voting in a proxy fight, but small investors control around 40% of Disney\'s shares, and they may well decide the battle.\nSome small investors are in the game just to make money from the stock. Others were given shares as children or bought some with earnings from high-school jobs and haven\'t sold.\nThe Disney fight is primarily with Trian Fund Management, led by the activist investor Nelson Peltz. Trian controls 1.8% of Disney\'s shares and wants to vote Peltz and a former Disney executive, Jay Rasulo, onto the board.\nMore on Disney\n• Billionaire investor has a problem with ‘woke’ Disney movies\n• Analysts adjust Disney stock price targets ahead of proxy fight\n• Analysts unveil new Disney stock price targets after earnings\nA second group, known as Blackwells Group, led by Blackwells Capital Management, is also in the fight, hoping to elect three candidates to the board.\nThe fight gets more expensive by the day.\nPeltz has estimated he\'s spent $25 million on his campaign,The New York Times reported. Disney guesses their costs at $40 million.\nTensions are rising as investors big and small take sides. Peltz has even weighed in about what he thinks of the kinds of entertainment the company produces.\nHe was criticized recently for suggesting Disney should stop making films with all-African-American casts or all-female casts. Disney\'s Marvel unit did produce "Black Panther" in 2018, which grossed $1.3 billion worldwide.\nPresumably, either of the groups trying to get on Disney\'s board would advocate strongly for trimmed production spending for Disney\'s entertainment assets and lower operating costs for its theme parks. And they\'d seek greater direct returns to shareholders.\nShutterstock\nDisney\'s shares struggled between an early 2021 peak of about $200, falling to as low as $79.33 on Oct. 27, 2023.\nThat was, ironically, the day the market bottomed and started its big fall rally.\nDisney closed at $122.36 on\xa0March 28, the last day of trading for the month.\xa0Its 35.2% first-quarter gain was the best performance of any stock in the Dow Jones Industrial Average. It was also the ninth-best year-to-date performer in the Standard & Poor\'s 500 Index.\nThe shares are up 54% from the Oct. 27 market bottom, second-best among the Dow stocks after the 61% gain for American Express(AXP).\nAside from the jobs report, the week ahead does not feature huge economic reports that can send stocks and bonds higher or detail the big rally that started in October.\nBut watch the OPEC meeting this week. Oil prices are up 16% so far in 2024. And retail gasoline prices have moved up nearly 14% this year, a faster pace than a year ago.\nNo change in policy is expected. Reuters reported global oil prices are risingbecause of worries that war in Middle East and attacks on Russian energy infrastructure could disrupt supplies.\nAs of Sunday, theAmerican Automobile Association\'s daily price surveyshowed the national price of regular unleaded gasoline at $3.535 a gallon, basically flat for the past 10 days but up 13.6% this year.\nOnly 137 fourth-quarter-earnings reports are due this week. Among the biggest is payroll-services provider Paychex(PAYX)on Tuesday. The consensus estimate is $1.36 a share, up from $1.29 a year earlier.\nThe first-quarter-earnings season, however, starts at 8:30 a.m. on April 12 when JP Morgan Chase(JPM)reports first-quarter results. Investors admire the banking giant; its shares are up 17.8% this year. The average analyst estimate: $4.16 a share.\nRelated: Veteran fund manager picks favorite stocks for 2024', "In theory, looking ahead at markets this week should be focusing on the big quarter just ended and what the prospects are for stocks and the economy.\nIn theory.\nBut a lot of attention will be paid to the bitter, emotional proxy fight for control of the Walt Disney Co.(DIS).\nAt the same time, there\xa0is a huge report that will move markets this week: the monthly jobs report due Friday before U.S. markets open.\nThe expectation is for the U.S. unemployment rate to hold at 3.9%, with non-farm payrolls growing by 205,000.\xa0 A big gain could spook bond markets and sent interest rates higher\xa0— and stocks lower.\nRelated: The Fed's stock market influence, like inflation pressure, continues to fade\nIn addition, Monday's markets will have to weigh whether a Friday report was good or bad. The Bureau of Economic Analysis reported that itsPersonal Consumption Expenditures Price Indexrose 2.5% year over year. Its core measure showed a 2.8% increase.\nFed Chairman Jerome Powell said the numbers were in line with estimates. Markets won't weigh in until Sunday night.\nHow good was the market in March?\nThe Standard & Poor's 500 Index rose 10.2%, its best first-quarter performance since 2019. The Dow added 5.6%, and the Nasdaq Composite was up 9.1%.\nThe S&P set eight new closing highs during the month. The Dow hit three. Both indexes, in fact, finished the month with record closes.\nThe Nasdaq Composite had two record closes in the month, the last on March 22, and ended up 1.8% for the month.\nAll 11 sectors of the index showed gains during the month, led by the energy sector, up 10.4%, and materials up 6.2%.\nThe weakest sector was Consumer Discretion **Last 60 Days of Bitcoin's Closing Prices:** [42582.61, 43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-03-31 **Financial & Commodity Data:** - Gold Closing Price: $2217.40 - Crude Oil Closing Price: $83.17 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,398,046,706,775 - Hash Rate: 566120366.8245583 - Transaction Count: 319675.0 - Unique Addresses: 546293.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • Craig Wright's legal team denied the Crypto Open Patent Alliance's arguments in its closing argument Wednesday. • COPA took Wright to court last month to try and prove he is not Satoshi Nakamoto, the creator of Bitcoin. Craig Wright's team started its closing submissions on Wednesday by rebutting the Crypto Open Patent Alliance'sfraud allegationsagainst Wright in a trial that is set to find out whether or not Wright is Satoshi Nakamoto, the creator of Bitcoin. Anthony Grabiner, Wright's attorney, hit back at COPA's argument thatprivate signing sessionsWright hosted to prove he was the Bitcoin founder had been subverted, saying that no proof had been presented. He also argued that COPA's witness Patrick Madden's evidence was inadmissible due to his ties with COPA. Madden had testified that many of Wright's reliance documents had been altered "often with the apparent purpose of supporting his claims," a court document seen by CoinDesk showed. Grabiner later added that in Wright's defense, he had not said that his reliance documents hadnever been edited. COPA's counsel said in his closing statements on Tuesday that the evidence shared during the trial shows “beyond doubt” that Wright isn’t Satoshi. COPA's representatives also said they plan to ask U.K. prosecutors to consider if the computer scientist perjured himself during the trial. The results of the casecould have repercussions on other existing trials against crypto exchanges and developers. Wright's counsel will continue giving their closing statement on Thursday. Read more:COPA vs Wright: What's at Stake as the Trial to Determine Satoshi's Identity Wraps Up... - Reddit Posts (Sample): [['u/asphodyne', 'Fact check these assertions about Voyager bankruptcy tax treatment', 19, '2024-03-31 01:00', 'https://www.reddit.com/r/Invest_Voyager/comments/1brwecy/fact_check_these_assertions_about_voyager/', '1. VGX was liquidated at 8.5 cents per token on 6/4/2023. If your cost basis is higher, this results in a capital loss taken for tax year 2023.\n2. BTC and ETH and USDC were returned in-kind. There is no loss or gain until you sell. However the cost basis of these assets increased as a result of the bankruptcy recovery process.\n3. Future recoveries, withheld pending litigation, will not be distributed in-kind. They will be paid out in USD.\n4. If future recoveries are paid out in USD, this means that the tax treatment will be ordinary income in the year of future recovery, resulting in a less favorable tax treatment in most jurisdictions.\n\nAre all these statements true?', 'https://www.reddit.com/r/Invest_Voyager/comments/1brwecy/fact_check_these_assertions_about_voyager/', '1brwecy', [['u/LeftAct8968', 13, '2024-03-31 03:20', 'https://www.reddit.com/r/Invest_Voyager/comments/1brwecy/fact_check_these_assertions_about_voyager/kxc55vi/', 'I just wanted to comment f Steve. Good luck 😂', '1brwecy']]], ['u/AxmKap', 'My Story / Crypto Ray', 321, '2024-03-31 01:03', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/', "I was on a flight home from Frankfurt Nov-2021 sitting next to a guy named Ray and he was on his laptop looking at all these graphs related to various crypto currencies. We started chatting and he told me all about BTC. We probably went on for a few hours and he answered all my questions.\n\nFast forward about a week and I texted him that I bought my first piece of Bitcoin. Now obviously this was right off the former high and I spent 2022 questioning myself. But I never gave up - was only buying small increments because I needed money to get a place to live and more or less survive.\n\nNow my balance is about $8,600. I know that's peanuts compared to most of you but that's also about $4,600 profit I didn't have previously. Just wanted to share my story. Living expenses are a little tight and can't buy as much as I would like but enjoying the ride now after being negative all of 2022. 🙂 I returned to Frankfurt last year to visit so now the city holds dear to me and I haven't contacted Ray since the beginning but he will always be Crypto Ray. 😆", 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/', '1brwgc5', [['u/marcio-a23', 33, '2024-03-31 01:31', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxby4pb/', 'Hodl this is going 10x soon', '1brwgc5'], ['u/anthonyevans777', 115, '2024-03-31 01:39', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxbza79/', 'Crypto ray gone change ya life when you see $80k in your account', '1brwgc5'], ['u/AxmKap', 23, '2024-03-31 01:42', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxbzn5v/', 'He\'s my "Mark Hanna". 😆😆', '1brwgc5'], ['u/AxmKap', 20, '2024-03-31 01:43', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxbztup/', 'No plans to sell. 👍', '1brwgc5'], ['u/KiNGMF', 11, '2024-03-31 03:09', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxc3myp/', 'to think I missed the lows during 2020-2021 😞', '1brwgc5'], ['u/Melbonaut', 50, '2024-03-31 03:09', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxc3nms/', "If you've still got his details, msg him. He'll be stoked you've named him crypto Ray I'm sure.", '1brwgc5'], ['u/Deathdar1577', 16, '2024-03-31 03:42', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxc8e48/', 'There will be future lows. Prepare now for them.', '1brwgc5'], ['u/LuLzWire', 18, '2024-03-31 04:13', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxccsu3/', 'Reminds me of when I was in a Car Dealership with a friend and my now ex about 6 years ago. Him and I were talking about crypto and one of the sales guys started talking with us... we told him all about it and he said he would go home and check it out. I gave him my number and told him to call me if he ever wanted to talk. About two years ago he called me thanking me because after our talk he put some money in and was doing very well now. He then started asking about a few random meme coins, I tried steering him true to the wind.. but not sure if he listened or nae... maybe in a couple more years Ill get another call.', '1brwgc5'], ['u/Sodo2024', 10, '2024-03-31 05:28', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxcmrjg/', 'Telling people about BTC is like telling them about Jesus. People won’t believe until they experience it for themselves.', '1brwgc5'], ['u/Appropriate-Tank4789', 13, '2024-03-31 10:39', 'https://www.reddit.com/r/Bitcoin/comments/1brwgc5/my_story_crypto_ray/kxdfzaq/', 'I used to work in a small company in the US. Back in 2014 I started to buy some BTC after I read a story about a guy in UK who cashed out his BTC and bought a house. I shared my purchases with my coworkers in the company but none of them bought any when I left the company in 2018. They always asked me how BTC was performing but no one was interested in it. I guess now they maybe regretting not buying it in early days.', '1brwgc5']]], ['u/rundown03', 'This is only the 4th halving of many to come.', 502, '2024-03-31 01:18', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/', "But here's the kicker: we've only just hit the 4th one. That means we've got a whopping 29 more halvings ahead of us. A total of 33 halvings. That's a road stretching out into the future so far, we can't even see where it ends. Our mortal bodies won't allow us. Bitcoin will just continue to work forever.\n\nSure, Bitcoin has made headlines and drawn attention, but let's not forget that most people haven't even dipped their toes into it yet. There's still a whole world of potential waiting to be tapped. Just imagine all the companies fomoing into the ETF right when the next rip up will happen.\n\nSo, as we gear up for this next halving, let's remember: this is just the beginning. We're embarking on a journey with Bitcoin that's going to last for decades. And the best part? We're only getting started.\n\nThe people telling you we're early are indeed correct. ", 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/', '1brwsbs', [['u/haplo_and_dogs', 392, '2024-03-31 01:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxby03w/', "Each halving is half as important.\n\n\nIt's like radioactive decay.\xa0 \xa0Every halving in the future summed together is vastly less important than a single halving that has already occurred.", '1brwsbs'], ['u/AGROCRAG004', 94, '2024-03-31 01:54', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc1euc/', 'If this is truly your 4th time, there’s no way you’re not at least a millionaire by now right?', '1brwsbs'], ['u/InclineDumbbellPress', 873, '2024-03-31 01:54', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc1g6b/', 'Look dude Im just trying to make it through the weekend', '1brwsbs'], ['u/WalterClements1', 31, '2024-03-31 01:57', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc1vz8/', 'I can’t even plan ahead for tomorrow let alone the future man', '1brwsbs'], ['u/JynsRealityIsBroken', 68, '2024-03-31 03:02', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc2n3h/', 'Probably bought high, sold low each time', '1brwsbs'], ['u/distressedacorn', 170, '2024-03-31 03:05', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc33tp/', "“I don't know half of you half as well as I should like; and I like less than half of you half as well as you deserve.”", '1brwsbs'], ['u/distressedacorn', 21, '2024-03-31 03:08', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc3hvh/', "We'll all be dead before the 29th halving, and that's assuming that quantum computers haven't made crypto irrelevant by then.", '1brwsbs'], ['u/FoozMuz', 28, '2024-03-31 03:12', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc416r/', 'I met a guy on his 4th cycle now and has gotten nowhere. Simply built different.', '1brwsbs'], ['u/alander4', 29, '2024-03-31 03:19', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc52q0/', 'That quote is precious to me', '1brwsbs'], ['u/r66yprometheus', 28, '2024-03-31 03:19', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc53pt/', "The next 10 years are going to be mass accumulation. By the end of it, there will only be about 4.75% of the total supply remaining. This last 1M btc remaining is when true scarcity will be seen.\n\nFrom what I've read, you have 10 years to load the boat, and then it will be too late for generational wealth.", '1brwsbs'], ['u/Smart-Racer', 33, '2024-03-31 03:26', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc60mg/', 'Halving is every time I buy something', '1brwsbs'], ['u/tiletap', 44, '2024-03-31 03:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_of_many_to_come/kxc6sfk/', "I'm not convinced there's another way", '1brwsbs'], ['u/RevolutionaryPie5223', 38, '2024-03-31 03:33', 'https://www.reddit.com/r/CryptoCurrency/comments/1brwsbs/this_is_only_the_4th_halving_o... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['While cryptocurrency has surged in popularity in recent years, only a minority of Americans have actually traded it. Among themost popular cryptosareBitcoin, Ethereum and Cardano, each of which has seen a lot of action as prices rise and fall. The appeal for traders? The potential to make significant money on the volatility of these highly speculative assets.\nIncreasingly, traders have more and more ways to accesscryptocurrencies. New exchanges and trading platforms have started in response to the wide interest in crypto. In fact, you may already have an app on your phone that lets you trade. For example, if you have the PayPal or Venmo apps, you can buy and sell at least a few different cryptocurrency coins. But other apps and exchanges give you access to a wider selection of cryptocurrency — there are literally thousands — or they offer other benefits such as lower cost.\nBelow are some of the top apps and exchanges for crypto trading and some of the key things you need to know.\nThe platforms below include specialized crypto exchanges,online brokers, and cash and payment apps. We’ve included pricing as well as how many coins you’re able to trade, so you can get a sense of the scope of each app or exchange.\nIf you’re interested in trading the largest cryptocurrency, Bitcoin, exclusively, it may not make sense to go with an app that offers you dozens of other coins. On the other hand, if you’re looking to trade whatever is hot at the moment, consider an app or exchange with more variety.\nBinance.US, which is the American arm of the larger Binance organization, is one of thebest crypto exchangesbecause of its low trading costs. Bitcoin traders can access commission-free trades, while other coins are priced on a sliding scale for high-volume traders. Plus, if you use Binance’s in-house coin, BNB, to pay trading fees, you’ll get a discount of 5 percent.\nYou’ll also be able to trade more than 150 different cryptocurrencies at Binance, so you shouldn’t have any trouble finding what you’re looking for, especially if you just want to trade the most popular coins.\nTheSEC sued Binance in June 2023, alleging that it had illegally operated as an exchange, broker-dealer and clearing agency and offered and sold unregistered securities. The lawsuit also accused Binance and founder Changpeng Zhao of misusing customer funds. SEC Chair Gary Gensler warned of using Binance platforms, while Binance said customers’ assets are safe.\nIn November 2023, Binance and Zhao pleaded guilty to separate federal charges and agreed to pay $4.3 billion in fines. Zhao also agreed to step down as CEO of Binance. The SEC’s case is ongoing.\n• Cost:Free for Bitcoin, but fees for less-common coins start at 0.57 percent and decline for high-volume traders. A 5 percent discount is available if you pay trading fees with BNB.\n• Coins available to trade:More than 150 coins including Bitcoin, Ethereum, Solana, Cardano and more\nCoinbaseis a specialized cryptocurrency exchange that allows you to trade a bunch of digital currencies, hundreds at the latest count. That range will likely scratch your crypto itch, since it includes most of the top coins, including Bitcoin, of course. But what will you pay for using the basic service? Unfortunately, Coinbase has become cagier about what you’ll pay to trade, recently obscuring the fee structure on its website.\nWhen it was visible, the fee structure was complex, to say the least. You’d pay a spread markup of about 0.5 percent and a transaction fee that depended on the size of the transaction and the funding source. For Coinbase Advanced Trade, you’ll pay fees that start at 0.6 percent for 30-day volume under $10,000 and decline to as low as 0.15 percent for up to $100,000 in volume and then head even lower.\nTheSEC sued Coinbase in June 2023, alleging it had illegally operated as an exchange, broker-dealer and clearing agency, and offered and sold unregistered securities. The lawsuit said Coinbase knowingly violated securities laws that are designed to protect investors. Coinbase said it would continue to operate its business as usual.\n• Cost:Typically at least 1.99 percent (lower with Coinbase Advanced Trade)\n• Coins available to trade:Hundreds, including Bitcoin, Ethereum, Cardano and Solana\nThe brokereTorois all crypto, all the time (at least for American traders, though others can trade stocks). At eToro, you’ll have access to about 25 cryptocurrencies, including quite a few, such as Tezos, Uniswap and Polygon, that you won’t normally find on the traditional brokerage apps. The app doesn’t charge a direct commission but rather a flat spread markup of 1 percent, regardless of which coin you purchase or how much.\n• Cost:Commission-free, but spread markup of 1 percent\n• Coins available to trade:25 cryptos, including Bitcoin, Ethereum,Dogecoinand more\nKrakenis another specialized cryptocurrency exchange that lets you trade a ton of different coins, including the most popular as well as some (Solana, Uniswap, Cardano and more) that are not typically available on the usual financial apps. In total, the exchange supports trading in more than 230 cryptos. Kraken does not offer its service to residents of New York and Washington state.\nCommissions on Kraken Pro are competitive, ranging from 0.16 to 0.26 percent at the lowest volume levels and declining to a range of 0 to 0.1 percent with volume of $10 million or more in the last 30 days.High-net-worth traderscan also accessmargin trading, increasing their buying power (and risk). While you can deposit money via ACH for free into Kraken, debit or credit card transactions incur a 3.75 percent fee plus 25 cents, and you can get hit with a 0.5 percent online banking processing fee if you fund through a bank, at last check.\nIn November 2023, the SEC charged Kraken with illegally operating an unregistered securities exchange, broker, dealer and clearing agency. The SEC alleges that Kraken’s business practices, including commingling customers’ money with its own, presents a significant risk to customers. Kraken disputes the allegations and is fighting the charges in court.\n• Cost:Fees start at 0.26 percent, plus fees for cards and online banking\n• Coins available to trade:236 of them, including Bitcoin, Ethereum, Solana and Uniswap\nYou may knowRobinhoodfor its slick trading app for stocks, options and ETFs, but it’s also expanded into cryptocurrencies. Plus, it brings its no-commission structure to the crypto world. Although trading may look free, Robinhood charges a spread markup rather than a direct commission, meaning that the costs are built into a coin’s buy or sell price. You can get started almost immediately with Robinhood’s instant transfer feature, so it’s just download and go.\n• Cost:$0, or commission-free, but there’s a spread markup\n• Coins available to trade:15 of them (some aren’t available in all states), including Bitcoin, Dogecoin andEthereum\nWebullmay not be the poster child for trading apps, but its feature set feels a step above Robinhood’s. Like its well-known rival, Webull offers stocks, options, ETFs and cryptocurrencies with no out-of-pocket commission. And similarly, Webull works on a spread markup for its crypto trades, so your cost is built into the trade. Webull moved its crypto trading to a separate app called Webull Pay and offers trading in basic coins.\n• Cost:Commission-free, but spread markup of 1 percent (100 basis points)\n• Coins available to trade:8 different types, including Bitcoin, Ethereum and Shiba Inu\nWhen you think of cryptocurrency, you might not think ofCash Appat first. The financial app is known more for its cash management account or even its ability to trade stocks and ETFs. But it also offers the ability to trade crypto, albeit only one — Bitcoin. While you can send Bitcoin to other users for free, Cash App charges what it calls a “small fee” for trading the coin, which it will disclose before you place the trade. That’s in addition to a spread markup built into the trade itself. Unfortunately, it doesn’t disclose its exact fee structure.\n• Cost:Spread markup plus a trading fee\n• Coins available to trade:Only Bitcoin\nLike Cash App, you may already havePayPalinstalled on your phone and, if so, you could be up and running with trading cryptocurrency in literally seconds from now. PayPal charges a fee for any trade and also prices in a spread markup on trades. The fee starts at 49 cents for trades under $5, then gradually rises to $2.49 for trades up to $200. It then switches to a percentage that declines to as low as 1.5 percent for trades over $1,000. Helpfully, PayPal lists its fee structure plainly for all to see. PayPal’s sister app Venmo offers the same services on similar terms.\n• Cost:Spread markup of about 0.5 percent plus a trading fee that starts at 49 cents and declines to 1.5 percent\n• Coins available to trade:Four different cryptos — Bitcoin, Ethereum, Litecoin and Bitcoin Cash\nThe best crypto trading app or exchange for you depends on your needs. If you’re looking to trade a wide range of digital currencies, consider an app or exchange that allows you to do so. But if you prefer to stick mainly to the major ones such as Bitcoin, Ethereum and a handful of others, then many of the platforms mentioned here can get the job done. But cost is an important consideration as well, so keep that in mind before opening an account.\nEditorial Disclaimer: All investors are advised to conduct their own independent research into investment strategies before making an investment decision. In addition, investors are advised that past investment product performance is no guarantee of future price appreciation.', 'Trillions in currency are zipping around the world, 24 hours a day, five days a week, making the foreign exchange (also known as forex or fx) markets the world’s most active. Fortunes can be won and lost quickly, as brokers routinely let traders borrow heavily to finance their speculation **Last 60 Days of Bitcoin's Closing Prices:** [43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-01 **Financial & Commodity Data:** - Gold Closing Price: $2236.50 - Crude Oil Closing Price: $83.71 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,371,652,787,694 - Hash Rate: 619839817.691122 - Transaction Count: 326410.0 - Unique Addresses: 648777.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: US stocks retreated on Wednesday as caution prevailed ahead ofa crucial inflation reportthat will guide expectations for interest rate cuts. The Dow Jones Industrial Average (^DJI) fell less than 0.1% while the S&P 500 (^GSPC) about 0.2%. The Nasdaq Composite (^IXIC) sagged almost 0.6%. Stocks have struggled in February's final days as fresh economic data helped bring a market boosted by AI euphoria back to the reality of higher-for-longer interest rates. Investors have spent this week counting down to the PCE inflation reading on Thursday,seen as key in determininghow quickly the Federal Reserve will start making rate cuts. In the meantime, a report on fourth quarter GDP showed the economy grew at a slightly slower pace than initally thought in the final three months of 2023. The second estimate of fourth quarter GDP came in at 3.2% on Tuesday, down from the initial reading of 3.3%. In other asset markets, bitcoin (BTC-USD) continued its roaring rally, breaking above $63,000 on Wednesday to comewithin striking distanceof a fresh all-time high. The arrival of spot bitcoin ETFs has helped the cryptocurrency reach levels not seen since late 2021. Among big movers, shares of Beyond Meat (BYND) soared more than 30% after the plant-based meat companylaid out its turnaround plan, triggering a short squeeze. • Wed, February 28, 2024 at 9:12 PM UTCAlexandra CanalParamount says streaming losses peaked in 2022 as linear ad revenue plungesParamount Global (PARA) reported fourth quarter results on Wednesday that came in mixed as the company revealed full-year streaming losses peaked in 2022 while linear TV revenue continued to plummet.Paramount, like other media companies, has struggled amid a tough ad environment. Big Tech companies have seen their businesses rebound while smaller players have not.Linear ad revenue slumped 15% year over year in the quarter, steeper than the 12% drop expected by analysts and also worse than the 14% year-over-year slump seen in the third quarter.The company said the drop reflects continued softness in the global advertising market and a 5-percentage-point impact from lower political advertising. Advertising revenue in the quarter was also impacted by the Hollywood strikes.In one bright spot, Paramount reported a Q4 direct-to-consumer (DTC) loss of $490 million, narrower than analyst expectations of $534 million and the $575 million loss seen in the year-earlier period. The company reported a $238 million loss in the third quarter."We now expect to reach domestic Paramount+ profitability in 2025," Paramount CEO Bob Bakish said in the earnings release.•USD(PARA)FollowView Quote Details • Wed, February 28, 2024 at 9:06 PM UTCJosh SchaferStock rally takes a break ahead of inflation printStocks were lower on Wednesday ahead of a highly anticipated inflation update due out before the opening bell on Thursday.The Dow Jones Industrial Average (^DJI) fell less than 0.1% while the S&P 500 (^GSPC) about 0.2%. The Nasdaq Composite (^IXIC) sagged almost 0.6%.It was not, however, a quiet day for cryptocurrencies. Bitcoin (BTC-USD) surged above $63,000 per coin for the first time since 2021, sending crypto-related stocks rallying. MicroStrategy (MSTR) popped about 10% amid the rally and is now up almost 100% in the last month.•USD(BTC-USD)FollowView Quote Details • Wed, February 28, 2024 at 8:36 PM UTCJosh SchaferA look at Leap Day returnsTomorrow is Feb. 29, a day that only comes once every four years.While there isn't a true financial significance to Leap Day, we took a look back to see how the S&P 500 (^GSPC) has performed on the rare trading day. Our analysis shows it has been a positive day for the S&P 500 65% of the time. • Wed, February 28, 2024 at 7:30 PM UTCJosh SchaferThe Russell 2000 is benefiting from theme tradesOne of Wall Street'sfavorite callsto start this year was to buy small caps as many projected a broadening in the market rally.Thistrade largely flopped in January, as a few large tech stocks continued to drive the major indexes higher while small caps lagged.But in the last month, the themes that have dominated the broader market — artificial intelligence, weight-loss drugs and cryptocurrency— have helped small caps catch up to the other major indexes.•USD(^RUT)FollowView Quote DetailsWe've been flaggingmajor moves in stocks like Super Micro Computer (SMCI), Viking Therapeutics (VKTX), and Microstrategy (MSTR) as investors search for other ways to play these themes. All three of those stocks are up significantly in the last month, headlined by Viking Therapeutics' more than 350% move.All three of those stocks are also top 10 contributors to the total value of the BlackRock iShares Russell 2000 index (IWM), which closely mirrors the Russell 2000. This could help explain how small caps have participated in therecent momentum trade in markets.•USD(MSTR)FollowView Quote Details • Wed, February 28, 2024 at 7:05 PM UTCJosh SchaferBitcoin led theYahoo Finance trending tickers pageon Wednesday as the largest digital asset hit its highest level since 2021, at one point surpassing $63,000. Ethereum moved higher by less than 2% to just less than $3,300 per coin.•USD(BTC-USD)FollowView Quote DetailsBeyond Meat (BYND) soared more than 40% after the company reported better-than-expected revenue for the fourth quarter and announced plans to cut operating costs. The company's stockhad also been massively shortedheaded into the print.UnitedHealth Group (UNH) stock fell about 4% on Wednesday following a Wall Street Journal report that the US Department of Justice has launched an antitrust investigation into the company.•USD(BYND)FollowView Quote Details • Wed, February 28, 2024 at 6:45 PM UTCInes FerréFirst Solar stock jumps on earnings beat, strong demandThe solar industryhas struggledthis past year amid apileup of panelsand higher interest rates. Yet one outlier has been First Solar (FSLR), the largest US solar module manufacturer.Shares of the Tempe, Ariz.-based company ticked higher on Wednesday after posting better-than-expectedquarterly earningsand upbeat guidance."Despite industry macro challenges, such as global oversupply and pricing volatility, we continue to see strong mid- to long-term demand, especially in the United States," First Solar CEO Mark Widmar said during the company's earnings call.First Solar has been a major beneficiary of the Inflation Reduction Act, which allows domestic solar manufacturers to sell tax credits to other firms. Last year the companyagreedto sell $687 million in tax credits to fintech company Fiserv (FI).Wall Street analysts are bullish on the stock, with 25 Buy and seven Hold recommendations.Still, First Solar shares have been dragged down 12% year to date amid an overall slump in solar-related stocks.Readmore here.•USD(FSLR)FollowView Quote Details • Wed, February 28, 2024 at 6:32 PM UTCJosh SchaferCoinbase outage spooks bitcoin rallyAmid a rally in bitcoin (BTC-USD) that saw the world's largest digital currency reach over $63,000 per coin, a popular crypto exchange had a malfunction.On Wednesday afternoon, some users on Coinbase (COIN), which offers crypto trading, weren't able to see how much money was in their account or make transactions."We are aware that some users may see a zero balance across their Coinbase accounts and may experience errors in buying or selling. Our team is investigating this issue and will provide an update shortly. Your assets are safe," the company said in a statement.Coinbase CEO Brian Armstrongwrote on X: "We are dealing with a LARGE surge of traffic - apologies for any issues you encounter. The team is working to remediate."The news appeared to impact the bitcoin rally as the digital asset tumbled amid reports of the outages. • Wed, February 28, 2024 at 6:00 PM UTCBrian SozziA not so snoozy eBay stock?I was prepared to write something entirely different on eBay (EBAY) than what I will end up saying below.I was going to say could there be any more of a least exciting tech stock than eBay right now? Here we have GenAI sending Nvidia’s (NVDA)stock price to the moon, and eBay execs are discussing stronger sales of auto parts on its earnings call last night. What a snoozefest!Active buyers on the platform fell 2% year on year in the most recent quarter. They fell 9% year over year in the prior year's fourth quarter! Gross merchandise volume didn’t even grow in the final quarter of last year.But when all is said and done, stock prices do things for a variety of reasons. And eBay apparently did enough to get some folks on the Street chattering about the stock as a sort of value play in an overheated tech market.The company increased its stock buyback authorization by $2 billion. Non-GAAP operating margins of 26.7% also came in at the high end of the company’s guidance amid a focus on cost cutting.Sexy company? Nope. Sexy stock? Not exactly by most measures. But an intriguing earnings day that will likely get value investors kicking the tires on eBay in the near term. • Wed, February 28, 2024 at 5:43 PM UTCJosh SchaferStocks slide as crypto ralliesUS stocks were lower on Wednesday.The Dow Jones Industrial Average (^DJI) and the S&P 500 (^GSPC) were down nearly 0.2%. The Nasdaq Composite (^IXIC) sagged almost 0.4%.But that didn't halt a rally in crypto-related stocks as bitcoin (BTC-USD) briefly reached above $63,000. Ebang International Holdings (EBON) and MicroStrategy (MSTR) led the crypto stock rally during afternoon trade. • Wed, February 28, 2024 at 4:45 PM UTCBrian SozziSalesforce is on the earnings clockTwo AI/cloud plays report earnings after the close today: Salesforce (CRM) and Snowflake (SNOW).I am most interested in Salesforce's numbers and earnings call commentary, however.There is a sense of "what's next" swirling around Salesforce after it boosted profit margins a lot in 2023 amid a cost-cutting drive. The company also unveiled a host of new AI tools last year, setting the stage for a further profit unlock in 2024.But ... - Reddit Posts (Sample): [['u/zrad603', "Think we can fill a BCH block? Let's fill block 840,000 (The halving block)", 31, '2024-04-01 00:19', 'https://www.reddit.com/r/btc/comments/1bsmp92/think_we_can_fill_a_bch_block_lets_fill_block/', "The unfortunate thing about BCH, is even though the blocksize is bigger, the BTC blockchain actually gets more actual use. Let's try to fill a BCH block. The BCH halving is coming up this week, block 840,000 is currently estimated to be mined on early morning April 3rd. (Maybe even April 2nd) To celebrate, maybe we can try to fill that block. \n\nThe moment Block 839,999 gets mined, we can all send a bunch of small BCH transactions. Maybe we can even post BCH addresses on this subreddit and send a couple cents of BCH to each other. \n\n\nIs this a stupid idea? ", 'https://www.reddit.com/r/btc/comments/1bsmp92/think_we_can_fill_a_bch_block_lets_fill_block/', '1bsmp92', [['u/LovelyDayHere', 20, '2024-04-01 00:28', 'https://www.reddit.com/r/btc/comments/1bsmp92/think_we_can_fill_a_bch_block_lets_fill_block/kxgmwlg/', '> Is this a stupid idea?\n\nTakes a lot of transactions to fill a block, but the problem is: You don\'t get to choose the size of block mined, that\'s up to whichever miners solves that "magic number" block...\n\nIt could be a 4MB block, an 8MB block, 16MB, 32MB or even a block found rapidly after the previous where the miner hasn\'t seen all the BCH transactions and so doesn\'t include them.\n\nYou\'d be extremely lucky to get a full 32MB block mined, because not all miners mine with that setting as their soft cap.\n\nI think the only way is if some miner would like to participate and help ensure a full block is mined, but even they cannot guarantee they\'ll be the first.\n\nExercise: Find all miners who have mined a full 32MB block in the past.', '1bsmp92'], ['u/siddsp', 20, '2024-04-01 00:33', 'https://www.reddit.com/r/btc/comments/1bsmp92/think_we_can_fill_a_bch_block_lets_fill_block/kxgnnf5/', "You're free to make as many transactions as you want. You can choose to fill a block. The network is permissionless.", '1bsmp92']]], ['u/publicclassobject', 'In your opinion, is Web3 a resume red flag?', 196, '2024-04-01 00:26', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/', 'I have an attractive offer to join a Web3 startup. It’s backed by a tier-1 VC and the team is mostly from FAANG-tier companies. I believe they have a genuinely compelling use case for blockchain.\n\nI’m not really a big crypto bro or anything. I don’t even own any bitcoin or eth. I’ve always thought decentralization was super cool in theory, but have been turned off by the grifty/cringey culture surrounding the tech. \n\nI currently have a decade at a FAANG on my resume and am getting the itch to try a start up. \n\nOne hang up I have is that future employers might get a negative perception from crypto on my resume. \n\nWhat do you guys think? ', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/', '1bsmv9f', [['u/Ok-Entertainer-1414', 40, '2024-04-01 00:31', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgne7y/', "It'd be a yellow flag for me but not insurmountable. I probably would probe around it a bit in an interview, but if the company's not doing something scammy like NFTs, and you can explain why blockchain plausibly was a good use case for whatever problem this software solves, I wouldn't hold it against you", '1bsmv9f'], ['u/potatolicious', 237, '2024-04-01 00:37', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgo8c2/', 'Yellow flag. Candidate could still be a solid engineer, but I’d have questions about product sense and judgment. \n\nThe yellow flag shifts a bit towards red for more senior and staff roles, where I put a much greater emphasis on sound judgment. I’d have some hard questions about the product and their role in defining it, as well as how they determine product need, technology choice, and measures of success. \n\nColor me skeptical about “we are an *actually* useful and not fraudulent use of blockchain” as a claim. Hundreds of companies have made the claim and not a one has panned out.', '1bsmv9f'], ['u/lightmatter501', 220, '2024-04-01 00:39', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgolul/', 'Will you actually be paid in a currency you can do taxes in? Many crypto companies want to pay in crypto. \n\nIf all goes well, yellow flag. But if it turns into a flaming trash heap while you are there that alone might get your resume tossed. FTX sponsored a sports stadium and turned out to be a scam, so don’t assume it’s too big to be a scam. \n\nI would look for a startup in a less scam-rich area of the industry if I were you.', '1bsmv9f'], ['u/publicclassobject', 84, '2024-04-01 00:43', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgp83i/', 'There is a Token component to the compensation, but base salary is paid in USD. The base is very competitive. Between 250-300k cash fully remote in the US.', '1bsmv9f'], ['u/lightmatter501', 65, '2024-04-01 00:48', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgpzim/', 'Have you talked with someone about what that is going to do to your taxes? Since most cryptocurrencies are not securities they have funny tax implications, and 250-300k puts you in the IRS’s favorite class to audit.', '1bsmv9f'], ['u/Main-Drag-4975', 25, '2024-04-01 00:52', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgqlhw/', 'If said Google product seemed to have likely been a scam from the beginning then yeah, we would.', '1bsmv9f'], ['u/publicclassobject', 40, '2024-04-01 00:54', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgqxnw/', 'Yeah. They have it set up so you can file an 83B before the network launches when the tokens have negligible value. Then you just owe capital gains when you sell.', '1bsmv9f'], ['u/Schmittfried', 13, '2024-04-01 00:56', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgr7pc/', 'To offer a different perspective, I‘d actually find you more interesting.\xa0', '1bsmv9f'], ['u/Onsquared', 14, '2024-04-01 01:02', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgs68u/', 'It depends on the type of work you are doing.\n\nIf you are cloning an existing contract, or making an other animal or food-inspired coin stay away. \n\nProductizing Web3 requires the patterns used for scaling standard microservices as well. So if you work on productization you will have a truly impressive resume.\n\nI have Web3 work on my resume(Eth based), and when I talk about my experience with smart contracts etc folks, seem fascinated by the work I did. \n\nI feel blockchain and web3 has some solid technology behind it. All the speculation has been a distraction from the core technology and the purpose blockchains were built. The space is truly fascinating with some interesting use cases such as lending( Maker DAI etc), decentralized exchanges(DEX), and more. \n\nIf you believe in the idea and team, go for it.\n\nGood luck!', '1bsmv9f'], ['u/United_Cat_3317', 31, '2024-04-01 01:05', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgsnz5/', 'I don’t even care… Money is money. I’d assume you did it for financial reasons.', '1bsmv9f'], ['u/huhblah', 21, '2024-04-01 01:08', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgt6pj/', ">I\xa0believe they have a genuinely compelling use case for blockchain\n\n\nSo they've either broken ground for the first time in 15 years and will finally succeed where literally everyone else has failed, or this is gonna end up as a massive red flag on your resume.", '1bsmv9f'], ['u/potatolicious', 13, '2024-04-01 01:10', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgtj0n/', 'Well, if the shitty Google product turned out to have been a massive scam, then yeah, I would have questions for the candidate about when they discovered that their work was a scam, and what they chose to do about that knowledge.', '1bsmv9f'], ['u/valadil', 229, '2024-04-01 01:20', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgv1ok/', 'Blockchain always struck me as a solution looking for a problem. If the company has a good use case for it, good for them.', '1bsmv9f'], ['u/tfehring', 90, '2024-04-01 01:22', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgvcrr/', "If it's truly a compelling use case, you should be able to describe the products you're building and the value you're creating without mentioning that the underlying technology is blockchain/web3 at all, making it a non-issue. If you can't describe why the startup's work matters without mentioning that it's trustless or decentralized or whatever, I would steer clear.", '1bsmv9f'], ['u/publicclassobject', 22, '2024-04-01 01:23', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgvjj1/', 'That’s a good rule of thumb. The blockchain is really just an implementation detail for these guys. I didn’t even realize there was a blockchain involved until I read their white paper.', '1bsmv9f'], ['u/publicclassobject', 12, '2024-04-01 01:25', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgvumd/', 'Haha you should see some of the heists I have seen pull... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['While cryptocurrency has surged in popularity in recent years, only a minority of Americans have actually traded it. Among themost popular cryptosareBitcoin, Ethereum and Cardano, each of which has seen a lot of action as prices rise and fall. The appeal for traders? The potential to make significant money on the volatility of these highly speculative assets.\nIncreasingly, traders have more and more ways to accesscryptocurrencies. New exchanges and trading platforms have started in response to the wide interest in crypto. In fact, you may already have an app on your phone that lets you trade. For example, if you have the PayPal or Venmo apps, you can buy and sell at least a few different cryptocurrency coins. But other apps and exchanges give you access to a wider selection of cryptocurrency — there are literally thousands — or they offer other benefits such as lower cost.\nBelow are some of the top apps and exchanges for crypto trading and some of the key things you need to know.\nThe platforms below include specialized crypto exchanges,online brokers, and cash and payment apps. We’ve included pricing as well as how many coins you’re able to trade, so you can get a sense of the scope of each app or exchange.\nIf you’re interested in trading the largest cryptocurrency, Bitcoin, exclusively, it may not make sense to go with an app that offers you dozens of other coins. On the other hand, if you’re looking to trade whatever is hot at the moment, consider an app or exchange with more variety.\nBinance.US, which is the American arm of the larger Binance organization, is one of thebest crypto exchangesbecause of its low trading costs. Bitcoin traders can access commission-free trades, while other coins are priced on a sliding scale for high-volume traders. Plus, if you use Binance’s in-house coin, BNB, to pay trading fees, you’ll get a discount of 5 percent.\nYou’ll also be able to trade more than 150 different cryptocurrencies at Binance, so you shouldn’t have any trouble finding what you’re looking for, especially if you just want to trade the most popular coins.\nTheSEC sued Binance in June 2023, alleging that it had illegally operated as an exchange, broker-dealer and clearing agency and offered and sold unregistered securities. The lawsuit also accused Binance and founder Changpeng Zhao of misusing customer funds. SEC Chair Gary Gensler warned of using Binance platforms, while Binance said customers’ assets are safe.\nIn November 2023, Binance and Zhao pleaded guilty to separate federal charges and agreed to pay $4.3 billion in fines. Zhao also agreed to step down as CEO of Binance. The SEC’s case is ongoing.\n• Cost:Free for Bitcoin, but fees for less-common coins start at 0.57 percent and decline for high-volume traders. A 5 percent discount is available if you pay trading fees with BNB.\n• Coins available to trade:More than 150 coins including Bitcoin, Ethereum, Solana, Cardano and more\nCoinbaseis a specialized cryptocurrency exchange that allows you to trade a bunch of digital currencies, hundreds at the latest count. That range will likely scratch your crypto itch, since it includes most of the top coins, including Bitcoin, of course. But what will you pay for using the basic service? Unfortunately, Coinbase has become cagier about what you’ll pay to trade, recently obscuring the fee structure on its website.\nWhen it was visible, the fee structure was complex, to say the least. You’d pay a spread markup of about 0.5 percent and a transaction fee that depended on the size of the transaction and the funding source. For Coinbase Advanced Trade, you’ll pay fees that start at 0.6 percent for 30-day volume under $10,000 and decline to as low as 0.15 percent for up to $100,000 in volume and then head even lower.\nTheSEC sued Coinbase in June 2023, alleging it had illegally operated as an exchange, broker-dealer and clearing agency, and offered and sold unregistered securities. The lawsuit said Coinbase knowingly violated securities laws that are designed to protect investors. Coinbase said it would continue to operate its business as usual.\n• Cost:Typically at least 1.99 percent (lower with Coinbase Advanced Trade)\n• Coins available to trade:Hundreds, including Bitcoin, Ethereum, Cardano and Solana\nThe brokereTorois all crypto, all the time (at least for American traders, though others can trade stocks). At eToro, you’ll have access to about 25 cryptocurrencies, including quite a few, such as Tezos, Uniswap and Polygon, that you won’t normally find on the traditional brokerage apps. The app doesn’t charge a direct commission but rather a flat spread markup of 1 percent, regardless of which coin you purchase or how much.\n• Cost:Commission-free, but spread markup of 1 percent\n• Coins available to trade:25 cryptos, including Bitcoin, Ethereum,Dogecoinand more\nKrakenis another specialized cryptocurrency exchange that lets you trade a ton of different coins, including the most popular as well as some (Solana, Uniswap, Cardano and more) that are not typically available on the usual financial apps. In total, the exchange supports trading in more than 230 cryptos. Kraken does not offer its service to residents of New York and Washington state.\nCommissions on Kraken Pro are competitive, ranging from 0.16 to 0.26 percent at the lowest volume levels and declining to a range of 0 to 0.1 percent with volume of $10 million or more in the last 30 days.High-net-worth traderscan also accessmargin trading, increasing their buying power (and risk). While you can deposit money via ACH for free into Kraken, debit or credit card transactions incur a 3.75 percent fee plus 25 cents, and you can get hit with a 0.5 percent online banking processing fee if you fund through a bank, at last check.\nIn November 2023, the SEC charged Kraken with illegally operating an unregistered securities exchange, broker, dealer and clearing agency. The SEC alleges that Kraken’s business practices, including commingling customers’ money with its own, presents a significant risk to customers. Kraken disputes the allegations and is fighting the charges in court.\n• Cost:Fees start at 0.26 percent, plus fees for cards and online banking\n• Coins available to trade:236 of them, including Bitcoin, Ethereum, Solana and Uniswap\nYou may knowRobinhoodfor its slick trading app for stocks, options and ETFs, but it’s also expanded into cryptocurrencies. Plus, it brings its no-commission structure to the crypto world. Although trading may look free, Robinhood charges a spread markup rather than a direct commission, meaning that the costs are built into a coin’s buy or sell price. You can get started almost immediately with Robinhood’s instant transfer feature, so it’s just download and go.\n• Cost:$0, or commission-free, but there’s a spread markup\n• Coins available to trade:15 of them (some aren’t available in all states), including Bitcoin, Dogecoin andEthereum\nWebullmay not be the poster child for trading apps, but its feature set feels a step above Robinhood’s. Like its well-known rival, Webull offers stocks, options, ETFs and cryptocurrencies with no out-of-pocket commission. And similarly, Webull works on a spread markup for its crypto trades, so your cost is built into the trade. Webull moved its crypto trading to a separate app called Webull Pay and offers trading in basic coins.\n• Cost:Commission-free, but spread markup of 1 percent (100 basis points)\n• Coins available to trade:8 different types, including Bitcoin, Ethereum and Shiba Inu\nWhen you think of cryptocurrency, you might not think ofCash Appat first. The financial app is known more for its cash management account or even its ability to trade stocks and ETFs. But it also offers the ability to trade crypto, albeit only one — Bitcoin. While you can send Bitcoin to other users for free, Cash App charges what it calls a “small fee” for trading the coin, which it will disclose before you place the trade. That’s in addition to a spread markup built into the trade itself. Unfortunately, it doesn’t disclose its exact fee structure.\n• Cost:Spread markup plus a trading fee\n• Coins available to trade:Only Bitcoin\nLike Cash App, you may already havePayPalinstalled on your phone and, if so, you could be up and running with trading cryptocurrency in literally seconds from now. PayPal charges a fee for any trade and also prices in a spread markup on trades. The fee starts at 49 cents for trades under $5, then gradually rises to $2.49 for trades up to $200. It then switches to a percentage that declines to as low as 1.5 percent for trades over $1,000. Helpfully, PayPal lists its fee structure plainly for all to see. PayPal’s sister app Venmo offers the same services on similar terms.\n• Cost:Spread markup of about 0.5 percent plus a trading fee that starts at 49 cents and declines to 1.5 percent\n• Coins available to trade:Four different cryptos — Bitcoin, Ethereum, Litecoin and Bitcoin Cash\nThe best crypto trading app or exchange for you depends on your needs. If you’re looking to trade a wide range of digital currencies, consider an app or exchange that allows you to do so. But if you prefer to stick mainly to the major ones such as Bitcoin, Ethereum and a handful of others, then many of the platforms mentioned here can get the job done. But cost is an important consideration as well, so keep that in mind before opening an account.\nEditorial Disclaimer: All investors are advised to conduct their own independent research into investment strategies before making an investment decision. In addition, investors are advised that past investment product performance is no guarantee of future price appreciation.', 'Trillions in currency are zipping around the world, 24 hours a day, five days a week, making the foreign exchange (also known as forex or fx) markets the world’s most active. Fortunes can be won and lost quickly, as brokers routinely let traders borrow heavily to finance their speculation **Last 60 Days of Bitcoin's Closing Prices:** [43075.77, 43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-01 **Financial & Commodity Data:** - Gold Closing Price: $2236.50 - Crude Oil Closing Price: $83.71 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,371,652,787,694 - Hash Rate: 619839817.691122 - Transaction Count: 326410.0 - Unique Addresses: 648777.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: US stocks retreated on Wednesday as caution prevailed ahead ofa crucial inflation reportthat will guide expectations for interest rate cuts. The Dow Jones Industrial Average (^DJI) fell less than 0.1% while the S&P 500 (^GSPC) about 0.2%. The Nasdaq Composite (^IXIC) sagged almost 0.6%. Stocks have struggled in February's final days as fresh economic data helped bring a market boosted by AI euphoria back to the reality of higher-for-longer interest rates. Investors have spent this week counting down to the PCE inflation reading on Thursday,seen as key in determininghow quickly the Federal Reserve will start making rate cuts. In the meantime, a report on fourth quarter GDP showed the economy grew at a slightly slower pace than initally thought in the final three months of 2023. The second estimate of fourth quarter GDP came in at 3.2% on Tuesday, down from the initial reading of 3.3%. In other asset markets, bitcoin (BTC-USD) continued its roaring rally, breaking above $63,000 on Wednesday to comewithin striking distanceof a fresh all-time high. The arrival of spot bitcoin ETFs has helped the cryptocurrency reach levels not seen since late 2021. Among big movers, shares of Beyond Meat (BYND) soared more than 30% after the plant-based meat companylaid out its turnaround plan, triggering a short squeeze. • Wed, February 28, 2024 at 9:12 PM UTCAlexandra CanalParamount says streaming losses peaked in 2022 as linear ad revenue plungesParamount Global (PARA) reported fourth quarter results on Wednesday that came in mixed as the company revealed full-year streaming losses peaked in 2022 while linear TV revenue continued to plummet.Paramount, like other media companies, has struggled amid a tough ad environment. Big Tech companies have seen their businesses rebound while smaller players have not.Linear ad revenue slumped 15% year over year in the quarter, steeper than the 12% drop expected by analysts and also worse than the 14% year-over-year slump seen in the third quarter.The company said the drop reflects continued softness in the global advertising market and a 5-percentage-point impact from lower political advertising. Advertising revenue in the quarter was also impacted by the Hollywood strikes.In one bright spot, Paramount reported a Q4 direct-to-consumer (DTC) loss of $490 million, narrower than analyst expectations of $534 million and the $575 million loss seen in the year-earlier period. The company reported a $238 million loss in the third quarter."We now expect to reach domestic Paramount+ profitability in 2025," Paramount CEO Bob Bakish said in the earnings release.•USD(PARA)FollowView Quote Details • Wed, February 28, 2024 at 9:06 PM UTCJosh SchaferStock rally takes a break ahead of inflation printStocks were lower on Wednesday ahead of a highly anticipated inflation update due out before the opening bell on Thursday.The Dow Jones Industrial Average (^DJI) fell less than 0.1% while the S&P 500 (^GSPC) about 0.2%. The Nasdaq Composite (^IXIC) sagged almost 0.6%.It was not, however, a quiet day for cryptocurrencies. Bitcoin (BTC-USD) surged above $63,000 per coin for the first time since 2021, sending crypto-related stocks rallying. MicroStrategy (MSTR) popped about 10% amid the rally and is now up almost 100% in the last month.•USD(BTC-USD)FollowView Quote Details • Wed, February 28, 2024 at 8:36 PM UTCJosh SchaferA look at Leap Day returnsTomorrow is Feb. 29, a day that only comes once every four years.While there isn't a true financial significance to Leap Day, we took a look back to see how the S&P 500 (^GSPC) has performed on the rare trading day. Our analysis shows it has been a positive day for the S&P 500 65% of the time. • Wed, February 28, 2024 at 7:30 PM UTCJosh SchaferThe Russell 2000 is benefiting from theme tradesOne of Wall Street'sfavorite callsto start this year was to buy small caps as many projected a broadening in the market rally.Thistrade largely flopped in January, as a few large tech stocks continued to drive the major indexes higher while small caps lagged.But in the last month, the themes that have dominated the broader market — artificial intelligence, weight-loss drugs and cryptocurrency— have helped small caps catch up to the other major indexes.•USD(^RUT)FollowView Quote DetailsWe've been flaggingmajor moves in stocks like Super Micro Computer (SMCI), Viking Therapeutics (VKTX), and Microstrategy (MSTR) as investors search for other ways to play these themes. All three of those stocks are up significantly in the last month, headlined by Viking Therapeutics' more than 350% move.All three of those stocks are also top 10 contributors to the total value of the BlackRock iShares Russell 2000 index (IWM), which closely mirrors the Russell 2000. This could help explain how small caps have participated in therecent momentum trade in markets.•USD(MSTR)FollowView Quote Details • Wed, February 28, 2024 at 7:05 PM UTCJosh SchaferBitcoin led theYahoo Finance trending tickers pageon Wednesday as the largest digital asset hit its highest level since 2021, at one point surpassing $63,000. Ethereum moved higher by less than 2% to just less than $3,300 per coin.•USD(BTC-USD)FollowView Quote DetailsBeyond Meat (BYND) soared more than 40% after the company reported better-than-expected revenue for the fourth quarter and announced plans to cut operating costs. The company's stockhad also been massively shortedheaded into the print.UnitedHealth Group (UNH) stock fell about 4% on Wednesday following a Wall Street Journal report that the US Department of Justice has launched an antitrust investigation into the company.•USD(BYND)FollowView Quote Details • Wed, February 28, 2024 at 6:45 PM UTCInes FerréFirst Solar stock jumps on earnings beat, strong demandThe solar industryhas struggledthis past year amid apileup of panelsand higher interest rates. Yet one outlier has been First Solar (FSLR), the largest US solar module manufacturer.Shares of the Tempe, Ariz.-based company ticked higher on Wednesday after posting better-than-expectedquarterly earningsand upbeat guidance."Despite industry macro challenges, such as global oversupply and pricing volatility, we continue to see strong mid- to long-term demand, especially in the United States," First Solar CEO Mark Widmar said during the company's earnings call.First Solar has been a major beneficiary of the Inflation Reduction Act, which allows domestic solar manufacturers to sell tax credits to other firms. Last year the companyagreedto sell $687 million in tax credits to fintech company Fiserv (FI).Wall Street analysts are bullish on the stock, with 25 Buy and seven Hold recommendations.Still, First Solar shares have been dragged down 12% year to date amid an overall slump in solar-related stocks.Readmore here.•USD(FSLR)FollowView Quote Details • Wed, February 28, 2024 at 6:32 PM UTCJosh SchaferCoinbase outage spooks bitcoin rallyAmid a rally in bitcoin (BTC-USD) that saw the world's largest digital currency reach over $63,000 per coin, a popular crypto exchange had a malfunction.On Wednesday afternoon, some users on Coinbase (COIN), which offers crypto trading, weren't able to see how much money was in their account or make transactions."We are aware that some users may see a zero balance across their Coinbase accounts and may experience errors in buying or selling. Our team is investigating this issue and will provide an update shortly. Your assets are safe," the company said in a statement.Coinbase CEO Brian Armstrongwrote on X: "We are dealing with a LARGE surge of traffic - apologies for any issues you encounter. The team is working to remediate."The news appeared to impact the bitcoin rally as the digital asset tumbled amid reports of the outages. • Wed, February 28, 2024 at 6:00 PM UTCBrian SozziA not so snoozy eBay stock?I was prepared to write something entirely different on eBay (EBAY) than what I will end up saying below.I was going to say could there be any more of a least exciting tech stock than eBay right now? Here we have GenAI sending Nvidia’s (NVDA)stock price to the moon, and eBay execs are discussing stronger sales of auto parts on its earnings call last night. What a snoozefest!Active buyers on the platform fell 2% year on year in the most recent quarter. They fell 9% year over year in the prior year's fourth quarter! Gross merchandise volume didn’t even grow in the final quarter of last year.But when all is said and done, stock prices do things for a variety of reasons. And eBay apparently did enough to get some folks on the Street chattering about the stock as a sort of value play in an overheated tech market.The company increased its stock buyback authorization by $2 billion. Non-GAAP operating margins of 26.7% also came in at the high end of the company’s guidance amid a focus on cost cutting.Sexy company? Nope. Sexy stock? Not exactly by most measures. But an intriguing earnings day that will likely get value investors kicking the tires on eBay in the near term. • Wed, February 28, 2024 at 5:43 PM UTCJosh SchaferStocks slide as crypto ralliesUS stocks were lower on Wednesday.The Dow Jones Industrial Average (^DJI) and the S&P 500 (^GSPC) were down nearly 0.2%. The Nasdaq Composite (^IXIC) sagged almost 0.4%.But that didn't halt a rally in crypto-related stocks as bitcoin (BTC-USD) briefly reached above $63,000. Ebang International Holdings (EBON) and MicroStrategy (MSTR) led the crypto stock rally during afternoon trade. • Wed, February 28, 2024 at 4:45 PM UTCBrian SozziSalesforce is on the earnings clockTwo AI/cloud plays report earnings after the close today: Salesforce (CRM) and Snowflake (SNOW).I am most interested in Salesforce's numbers and earnings call commentary, however.There is a sense of "what's next" swirling around Salesforce after it boosted profit margins a lot in 2023 amid a cost-cutting drive. The company also unveiled a host of new AI tools last year, setting the stage for a further profit unlock in 2024.But ... - Reddit Posts (Sample): [['u/zrad603', "Think we can fill a BCH block? Let's fill block 840,000 (The halving block)", 31, '2024-04-01 00:19', 'https://www.reddit.com/r/btc/comments/1bsmp92/think_we_can_fill_a_bch_block_lets_fill_block/', "The unfortunate thing about BCH, is even though the blocksize is bigger, the BTC blockchain actually gets more actual use. Let's try to fill a BCH block. The BCH halving is coming up this week, block 840,000 is currently estimated to be mined on early morning April 3rd. (Maybe even April 2nd) To celebrate, maybe we can try to fill that block. \n\nThe moment Block 839,999 gets mined, we can all send a bunch of small BCH transactions. Maybe we can even post BCH addresses on this subreddit and send a couple cents of BCH to each other. \n\n\nIs this a stupid idea? ", 'https://www.reddit.com/r/btc/comments/1bsmp92/think_we_can_fill_a_bch_block_lets_fill_block/', '1bsmp92', [['u/LovelyDayHere', 20, '2024-04-01 00:28', 'https://www.reddit.com/r/btc/comments/1bsmp92/think_we_can_fill_a_bch_block_lets_fill_block/kxgmwlg/', '> Is this a stupid idea?\n\nTakes a lot of transactions to fill a block, but the problem is: You don\'t get to choose the size of block mined, that\'s up to whichever miners solves that "magic number" block...\n\nIt could be a 4MB block, an 8MB block, 16MB, 32MB or even a block found rapidly after the previous where the miner hasn\'t seen all the BCH transactions and so doesn\'t include them.\n\nYou\'d be extremely lucky to get a full 32MB block mined, because not all miners mine with that setting as their soft cap.\n\nI think the only way is if some miner would like to participate and help ensure a full block is mined, but even they cannot guarantee they\'ll be the first.\n\nExercise: Find all miners who have mined a full 32MB block in the past.', '1bsmp92'], ['u/siddsp', 20, '2024-04-01 00:33', 'https://www.reddit.com/r/btc/comments/1bsmp92/think_we_can_fill_a_bch_block_lets_fill_block/kxgnnf5/', "You're free to make as many transactions as you want. You can choose to fill a block. The network is permissionless.", '1bsmp92']]], ['u/publicclassobject', 'In your opinion, is Web3 a resume red flag?', 196, '2024-04-01 00:26', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/', 'I have an attractive offer to join a Web3 startup. It’s backed by a tier-1 VC and the team is mostly from FAANG-tier companies. I believe they have a genuinely compelling use case for blockchain.\n\nI’m not really a big crypto bro or anything. I don’t even own any bitcoin or eth. I’ve always thought decentralization was super cool in theory, but have been turned off by the grifty/cringey culture surrounding the tech. \n\nI currently have a decade at a FAANG on my resume and am getting the itch to try a start up. \n\nOne hang up I have is that future employers might get a negative perception from crypto on my resume. \n\nWhat do you guys think? ', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/', '1bsmv9f', [['u/Ok-Entertainer-1414', 40, '2024-04-01 00:31', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgne7y/', "It'd be a yellow flag for me but not insurmountable. I probably would probe around it a bit in an interview, but if the company's not doing something scammy like NFTs, and you can explain why blockchain plausibly was a good use case for whatever problem this software solves, I wouldn't hold it against you", '1bsmv9f'], ['u/potatolicious', 237, '2024-04-01 00:37', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgo8c2/', 'Yellow flag. Candidate could still be a solid engineer, but I’d have questions about product sense and judgment. \n\nThe yellow flag shifts a bit towards red for more senior and staff roles, where I put a much greater emphasis on sound judgment. I’d have some hard questions about the product and their role in defining it, as well as how they determine product need, technology choice, and measures of success. \n\nColor me skeptical about “we are an *actually* useful and not fraudulent use of blockchain” as a claim. Hundreds of companies have made the claim and not a one has panned out.', '1bsmv9f'], ['u/lightmatter501', 220, '2024-04-01 00:39', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgolul/', 'Will you actually be paid in a currency you can do taxes in? Many crypto companies want to pay in crypto. \n\nIf all goes well, yellow flag. But if it turns into a flaming trash heap while you are there that alone might get your resume tossed. FTX sponsored a sports stadium and turned out to be a scam, so don’t assume it’s too big to be a scam. \n\nI would look for a startup in a less scam-rich area of the industry if I were you.', '1bsmv9f'], ['u/publicclassobject', 84, '2024-04-01 00:43', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgp83i/', 'There is a Token component to the compensation, but base salary is paid in USD. The base is very competitive. Between 250-300k cash fully remote in the US.', '1bsmv9f'], ['u/lightmatter501', 65, '2024-04-01 00:48', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgpzim/', 'Have you talked with someone about what that is going to do to your taxes? Since most cryptocurrencies are not securities they have funny tax implications, and 250-300k puts you in the IRS’s favorite class to audit.', '1bsmv9f'], ['u/Main-Drag-4975', 25, '2024-04-01 00:52', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgqlhw/', 'If said Google product seemed to have likely been a scam from the beginning then yeah, we would.', '1bsmv9f'], ['u/publicclassobject', 40, '2024-04-01 00:54', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgqxnw/', 'Yeah. They have it set up so you can file an 83B before the network launches when the tokens have negligible value. Then you just owe capital gains when you sell.', '1bsmv9f'], ['u/Schmittfried', 13, '2024-04-01 00:56', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgr7pc/', 'To offer a different perspective, I‘d actually find you more interesting.\xa0', '1bsmv9f'], ['u/Onsquared', 14, '2024-04-01 01:02', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgs68u/', 'It depends on the type of work you are doing.\n\nIf you are cloning an existing contract, or making an other animal or food-inspired coin stay away. \n\nProductizing Web3 requires the patterns used for scaling standard microservices as well. So if you work on productization you will have a truly impressive resume.\n\nI have Web3 work on my resume(Eth based), and when I talk about my experience with smart contracts etc folks, seem fascinated by the work I did. \n\nI feel blockchain and web3 has some solid technology behind it. All the speculation has been a distraction from the core technology and the purpose blockchains were built. The space is truly fascinating with some interesting use cases such as lending( Maker DAI etc), decentralized exchanges(DEX), and more. \n\nIf you believe in the idea and team, go for it.\n\nGood luck!', '1bsmv9f'], ['u/United_Cat_3317', 31, '2024-04-01 01:05', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgsnz5/', 'I don’t even care… Money is money. I’d assume you did it for financial reasons.', '1bsmv9f'], ['u/huhblah', 21, '2024-04-01 01:08', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgt6pj/', ">I\xa0believe they have a genuinely compelling use case for blockchain\n\n\nSo they've either broken ground for the first time in 15 years and will finally succeed where literally everyone else has failed, or this is gonna end up as a massive red flag on your resume.", '1bsmv9f'], ['u/potatolicious', 13, '2024-04-01 01:10', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgtj0n/', 'Well, if the shitty Google product turned out to have been a massive scam, then yeah, I would have questions for the candidate about when they discovered that their work was a scam, and what they chose to do about that knowledge.', '1bsmv9f'], ['u/valadil', 229, '2024-04-01 01:20', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgv1ok/', 'Blockchain always struck me as a solution looking for a problem. If the company has a good use case for it, good for them.', '1bsmv9f'], ['u/tfehring', 90, '2024-04-01 01:22', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgvcrr/', "If it's truly a compelling use case, you should be able to describe the products you're building and the value you're creating without mentioning that the underlying technology is blockchain/web3 at all, making it a non-issue. If you can't describe why the startup's work matters without mentioning that it's trustless or decentralized or whatever, I would steer clear.", '1bsmv9f'], ['u/publicclassobject', 22, '2024-04-01 01:23', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgvjj1/', 'That’s a good rule of thumb. The blockchain is really just an implementation detail for these guys. I didn’t even realize there was a blockchain involved until I read their white paper.', '1bsmv9f'], ['u/publicclassobject', 12, '2024-04-01 01:25', 'https://www.reddit.com/r/ExperiencedDevs/comments/1bsmv9f/in_your_opinion_is_web3_a_resume_red_flag/kxgvumd/', 'Haha you should see some of the heists I have seen pull... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["SINGAPORE,April 1, 2024/PRNewswire/ --OKX, a leading Web3 technology company, has issued updates forApril 1, 2024.\nOKX Launches 'BTC Farming Points' for Simplified Tracking of Points and Airdrops Across MultipleDApps\nOKXtoday announced the launch of its 'BTC Farming Points,' a feature that consolidates points and rankings from various BTC ecosystem projects into one convenient location, enhancing user engagement and making it easier for users to track their achievements across multiple BTC protocols - including those belonging to the ecosystems ofMerlin Chain,BEVm,BounceBit,B² NetworkandTuna Chain.\n'BTC Farming Points' is particularly beneficial for users who actively participate in airdrops and point farming across multipleDApps. Now, users can easily track their progress without the need to visit eachDAppindividually, effectively saving time and improving efficiency. To access 'BTC Farming Points,' users simply need to navigate to their OKX Wallet, select 'More' and then choose 'Farming Points'.\nThis announcement follows the recent launch of OKX's 'SolanaPoints Dashboard,' enabling the consolidation of points and rankings from multipleSolanaDAppsin one place.\nFor more information, please visit theOKX Support Center.\nFor further information, please contact:[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3,\xa0OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatilecryptowallet which gives users access to over 85 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet's account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chaindecentralizedexchange aggregator of 400+ other DEXs and approximately 20 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3DeFi: A powerfulDeFiplatform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driverDaniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer\nThe information displayed is strictly for informational purposes only. It does not constitute and shall not be considered as an offer, solicitation or recommendation, to deal with any products (including any NFT or otherwise), or as financial or investment advice. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service atwww.okx.com.\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-launches-btc-farming-points-for-simplified-tracking-of-points-and-airdrops-across-multiple-dapps-302105012.html\nSOURCE OKX", "SINGAPORE,April 1, 2024/PRNewswire/ --OKX, a leading Web3 technology company, has issued updates forApril 1, 2024.\nOKX Launches 'BTC Farming Points' for Simplified Tracking of Points and Airdrops Across MultipleDApps\nOKXtoday announced the launch of its 'BTC Farming Points,' a feature that consolidates points and rankings from various BTC ecosystem projects into one convenient location, enhancing user engagement and making it easier for users to track their achievements across multiple BTC protocols - including those belonging to the ecosystems ofMerlin Chain,BEVm,BounceBit,B² NetworkandTuna Chain.\n'BTC Farming Points' is particularly beneficial for users who actively participate in airdrops and point farming across multipleDApps. Now, users can easily track their progress without the need to visit eachDAppindividually, effectively saving time and improving efficiency. To access 'BTC Farming Points,' users simply need to navigate to their OKX Wallet, select 'More' and then choose 'Farming Points'.\nThis announcement follows the recent launch of OKX's 'SolanaPoints Dashboard,' enabling the consolidation of points and rankings from multipleSolanaDAppsin one place.\nFor more information, please visit theOKX Support Center.\nFor further information, please contact:[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3,\xa0OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatilecryptowallet which gives users access to over 85 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet's account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chaindecentralizedexchange aggregator of 400+ other DEXs and approximately 20 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3DeFi: A powerfulDeFiplatform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driverDaniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer\nThe information displayed is strictly for informational purposes only. It does not constitute and shall not be considered as an offer, solicitation or recommendation, to deal with any products (including any NFT or otherwise), or as financial or investment advice. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service atwww.okx.com.\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-launches-btc-farming-points-for-simplified-tracking-of-points-and-airdrops-across-multiple-dapps-302105012.html\nSOURCE OKX", "• US stocks traded mostly lower on Monday following the release of strong economic data.\n• The ISM manufacturing index rose to 50.3 in March, representing the first monthly expansion since 2022.\n• The data poured cold water on hopes for interest rate cuts in June.\nStocks dropped and bond yields spiked on Monday after solid economic data poured cold water on hopes of a June interest rate cut from the Federal Reserve.\nManufacturing activity as measured by the ISM Index jumped to 50.3 in March, well ahead of expectations. The data represented the first monthly expansion in manufacturing since 2022. Component prices also shot up in the ISM report, raising concerns about stubborn inflation.\nIf inflation reaccelerates, the Fed would likely err on the side of caution and postpone its planned interest rate cuts. The probability of a Fed interest rate cut in Junefell below 50%immediately following the ISM report, according to data from Bloomberg.\nProspects for a June interest rate cut were initially higher on Mondayas investors reacted to Friday's release of PCE inflation data,which was in line with expectations.\nHere's where US indexes stood at the 4 p.m. closing bell on Monday:\n• S&P 500:5,243.77, down 0.2%\n• Dow Jones Industrial Average:39,566.85, down 0.6% (241 points)\n• Nasdaq Composite:16,396.83, up 0.1%\nHere's what else happened today:\n• Trump Media stock dropped 26% on Mondayafter the company released updated financial data that showed growing losses.\n• Gold prices hit a record high on Monday to above $2,260 per ounce.The surge comes as investors anticipate interest rate cuts from the Fed.\n• Retail investors are piling into riskier, high-leverage ETFsthat track the stock market amid new record highs.\n• The value of Truth Media and Technology Group does not appear sustainablegiven its paltry revenue and sizable losses, BI's Emily Steward writes.\n• Meme stocks are making a comebackas retail investors start to get more excited about the stock market.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil edged higher by 0.94% to $83.95 a barrel.Brent crude, the international benchmark, jumped by 0.70% to $87.61 a barrel.\n• Goldjumped 1.05% to $2,261.90 per ounce.\n• The 10-year Treasury yield rose 12 basis points to 4.33%.\n• Bitcoindropped by 2.70% to $69,390.\nRead the original article onBusiness Insider", 'The Chinese government has introduced a new public blockchain infrastructure platform led byConflux Network, a multichain blockchain ecosystem under the Conflux Foundation. The platform, called the "Ultra-Large Scale Blockchain Infrastructure Plat **Last 60 Days of Bitcoin's Closing Prices:** [43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-02 **Financial & Commodity Data:** - Gold Closing Price: $2261.00 - Crude Oil Closing Price: $85.15 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,287,493,130,000 - Hash Rate: 611575286.7885739 - Transaction Count: 357709.0 - Unique Addresses: 685496.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • Spot bitcoin ETFs recorded their first week of net outflows. • Outflows from the Grayscale Bitcoin Trust reached $1.83 billion over 4 days, Coinbase noted. • Selling pressure may have come from the bankruptcy estate of Genesis Global, the report said. The cryptocurrency market remains fixated on spot bitcoin {{BTC}} exchange-traded fund (ETF) flows rather than fundamentals, as therecently approvedproducts saw their first week of net outflows in two months, Coinbase (COIN) said in a research report on Friday. Coinbase noted that net outflows amounted to $836 million between March 18 and March 21. Bitcoin slippedbelow $63,000last week as the outflows sped up. It was recently trading at around $66,800. There is little insight into what drove the surge in outflows from the Grayscale Bitcoin Trust (GBTC), which reached $1.83 billion in total over four days, the report said. In previous weeks, positive inflows into other spot ETFs more than offset outflows from GBTC, suggesting “some capital rotation at that time,” analysts David Duong and David Han wrote. GBTC chargeshigher feesthan the other funds. One source of potential selling pressure that has been expected is from thebankruptcy estateof Genesis Global, amounting to the sale of 35.9 million GBTC shares, Coinbase said. This is separate from the 30.9 million shares Genesis pledged in collateral to borrow $1.2 billion from Gemini Earn users in the third quarter of 2022, the report noted.Gemini has settled with Genesisto return those assets in kind and payment is expected in a few weeks, following court approval. Coinbase said it's not clear whether the recent GBTC outflows are linked to these sales, and that “we can only infer that the size and scope of the change in GBTC shares outstanding coincide with recent developments on Genesis’ payment obligations.” “More importantly, given that the majority of creditor payments will be made in crypto and not cash, the market effect on bitcoin performance should eventually be net neutral,” the report added. Read more:Spot Bitcoin ETFs Could See $220B of Inflows in Next 3 Years: JMP Securities... - Reddit Posts (Sample): [['u/Old-Cardiologist-545', 'Inflation and dumbasses.', 122, '2024-04-02 00:29', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/', 'Either buy fuckin bitcoin or experience on average around 8% monetary inflation per year. \n\n“I WaNNa iNVesT mY $1k iN bITcOiN”. No, shut up it’s not a goddamn investment like you put your money into the stock market for some cool gains.\n\nBitcoin is how you can keep your value. YOUR VALUE. Without bitcoin you would living in a chaotic world with rich, greedy, corrupt politicians and big corporations who suck you dry. \n\nThey take your money and then take it again and again and again and leave you with higher prices and the money you do own is worthless.\n\n \n', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/', '1bthw7d', [['u/4xfun', 104, '2024-04-02 00:38', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxm3xiq/', 'I feel your frustration. Very few people actually understand how de debt driven system works. Here’s a hug', '1bthw7d'], ['u/CryptoMadNate', 12, '2024-04-02 00:45', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxm5030/', 'Agreed ahaha. I share the same frustration so that why i Bitcoin until my death bed. The thing that has most value in this world is time because of its finite aspect and those fucker steal it thought inflation and taxation. Bitcoin is the middle finger to these greedy humans.', '1bthw7d'], ['u/KorkoBit', 53, '2024-04-02 00:48', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxm5imc/', 'i have bitcoin and still live in this world :O', '1bthw7d'], ['u/DesignerAstronaut975', 18, '2024-04-02 00:50', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxm5uw9/', 'Fucking right man.', '1bthw7d'], ['u/Objective_Audience66', 35, '2024-04-02 00:50', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxm5w58/', 'This. Until I can spend btc like a dollar this is our world. Hodl', '1bthw7d'], ['u/Holster72', 11, '2024-04-02 01:19', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxmaj2j/', 'I’m in it for gains. Fight me.', '1bthw7d'], ['u/Narrow_Elk6755', 14, '2024-04-02 01:20', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxmalgz/', 'Stocks and real estate also retain purchasing power, its not exactly exclusive to BTC is it?', '1bthw7d'], ['u/Itchy-File-8205', 11, '2024-04-02 01:36', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxmd5i8/', "Normies don't get it. They won't until it's too late", '1bthw7d'], ['u/DesignerAstronaut975', 11, '2024-04-02 01:55', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxmg45s/', 'No one will let you use it as money if you don’t fight for it.', '1bthw7d']]], ['u/DenseDig2633', 'I bought 100 KAS', 17, '2024-04-02 01:08', 'https://www.reddit.com/r/kaspa/comments/1btiv6h/i_bought_100_kas/', 'I am very new to the world of cryptocurrencies and I understand that cryptos is not an investment. The real cryptos are those that intend to go against the FIAT system and are decentralized, I think about making a monthly contribution from now on of 100 dollars per month, 30 in bitcoin and 70 in kas, opinions? When you think the FIAT system will colapse? hehehe ', 'https://www.reddit.com/r/kaspa/comments/1btiv6h/i_bought_100_kas/', '1btiv6h', [['u/kingjame888', 10, '2024-04-02 03:50', 'https://www.reddit.com/r/kaspa/comments/1btiv6h/i_bought_100_kas/kxmyigl/', 'Bitcoin low ROI...put all in kas. Not financial advice.', '1btiv6h'], ['u/EzekielSR405', 14, '2024-04-02 06:19', 'https://www.reddit.com/r/kaspa/comments/1btiv6h/i_bought_100_kas/kxnitsp/', 'Congrats on joining the ranks of Kaspa owners. Its great to have new people here. It keeps the network going :)', '1btiv6h']]], ['u/econoquist', "You Want Purple Prose? I'll Give you Purple Prose.", 13, '2024-04-02 02:09', 'https://www.reddit.com/r/bookscirclejerk/comments/1btkcyo/you_want_purple_prose_ill_give_you_purple_prose/', 'In all its glorious beauty and torment and torrents of feeling and[meaning so deep it can never be plumbed.](https://www.reddit.com/r/books/comments/1btcpuy/lie_with_me_by_phillippe_benson/)', 'https://www.reddit.com/r/bookscirclejerk/comments/1btkcyo/you_want_purple_prose_ill_give_you_purple_prose/', '1btkcyo', [['u/Early_Assignment9807', 12, '2024-04-02 02:48', 'https://www.reddit.com/r/bookscirclejerk/comments/1btkcyo/you_want_purple_prose_ill_give_you_purple_prose/kxmoq28/', 'i feel kinda sticky after reading that i dunno', '1btkcyo']]], ['u/Extension-Fox6956', 'How do you get over and move on from decisions that led to financial ruin and changed your life trajectory', 68, '2024-04-02 02:16', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/', "I'm 33 and over the years I amassed about 75k in debt from CCs, student loans, and a car. The funny thing is that I'm a CPA but have been pretty financially illiterate my whole life. During this time I also stacked up 1.4 Bitcoin, which is the reason I wasn't paying off the debt aggressively. I'm an alcoholic and got sober in May 2022. Over the next few years, I made the choice to work some hourly jobs for about 6 months because I thought it would help me stay sober. I then got sold on a 100% commission sales job that told me I could make a few hundred thousand dollars. The only access to money I had at this time was my Bitcoin. I had spent years accumulating and protecting this. However, I thought I could make enough money to pay off my debt and buy my bitcoin back and more so I used it to finance this move. The job was a bust and I ended up with 0 bitcoin and 75k in debt. I sold off the last little bit of my bitcoin in August 2023 and got back into a job making an actual income in October. A few months later, the bitcoin ETFs were approved and Bitcoin has over 3x'd in value and is only going to go up. I may have had enough to retire in 10-20 years. Now I am digging out of a hole and considerably behind in life with a networth of -39K at 33 years old. How does someone ever move on from something like this? \n\nI've sought professional help and was diagnosed with ADHD a month ago which has explained my entire life since childhood. I don't know if that is why I made such a bad decision but I was unable to think of the long term consequences if my idea didn't work out.", 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/', '1btkjcl', [['u/Shudafudup', 32, '2024-04-02 02:38', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxmn4fr/', 'Work like crazy and live like a bum to pay off the debt. Or meet with a specialized lawyer to see if there’s a loophole you can take advantage of.', '1btkjcl'], ['u/Tallfuck', 14, '2024-04-02 02:43', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxmntx4/', 'You just have to let the losses go. The money is gone and you’re just making yourself feel worse by living in the past. Easier said than done, but try not to let your mind wander back there and get making some money. \n\nAlso. Don’t try to get it back, you won’t. \n\nBtc will be back below this number within the next 4 years if that’s your play. DCA back in if you are going to follow that lifestyle.', '1btkjcl'], ['u/DrLeoMarvin', 35, '2024-04-02 02:54', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxmpnq3/', 'Bro, I finally had started a decided retirement for my wife and I, $70k in the 401k at the age of 40 and like ~$120k equity in house. Solid salary and career but still $100k in student loans. But man it felt good to be in the green on paper. Wife is leaving me, gonna take a massive chunk of my income for five years, take half our equity, and all because of some fixable shit. No cheating, no abuse, some arguing and differences we could’ve worked out. But going to ruin me financially at 40 fucking years old.', '1btkjcl'], ['u/xenaga', 10, '2024-04-02 03:10', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxms3lt/', 'I did the same. I saved over 10 years of my income, was well set for retirement and live a very frugal lifestyle to get close to 3/4 million. I then blew it in 3 months on meme stocks. Couldnt help myself. Now I am starting over ffom scratch.\n\nAfter months and months of pain and suffering, I let it go. I still have some dull pain from it 3 years later but I realized i was too attached to money and put too much value on it. Now I am living a bit more balanced lifestyle.', '1btkjcl'], ['u/DrLeoMarvin', 10, '2024-04-02 04:04', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxn0jcm/', 'I’ve tried everything imaginable. I’ve changed myself completely the last three months to fit what she says she wants. I’ve begged like a pathetic idiot and pleaded in letters and texts. I’ve tried to explain how this is gonna fuck with our kids, how she’s losing any family that loved her as my other half. I’m out of ideas, I can’t fall out of love with her as much as I wish I could at this point.', '1btkjcl'], ['u/retard_vampire', 16, '2024-04-02 07:39', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxnr3z8/', 'Google "tolerable level of permanent unhappiness". That would be my guess.', '1btkjcl'], ['u/EMHURLEY', 13, '2024-04-02 09:55', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxo2fv4/', 'Mine too. Or Google “Emma’s mental load comic”, another common problem', '1btkjcl'], ['u/xhazerdusx', 10, '2024-04-02 14:58', 'https://www... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["SINGAPORE,April 1, 2024/PRNewswire/ --OKX, a leading Web3 technology company, has issued updates forApril 1, 2024.\nOKX Launches 'BTC Farming Points' for Simplified Tracking of Points and Airdrops Across MultipleDApps\nOKXtoday announced the launch of its 'BTC Farming Points,' a feature that consolidates points and rankings from various BTC ecosystem projects into one convenient location, enhancing user engagement and making it easier for users to track their achievements across multiple BTC protocols - including those belonging to the ecosystems ofMerlin Chain,BEVm,BounceBit,B² NetworkandTuna Chain.\n'BTC Farming Points' is particularly beneficial for users who actively participate in airdrops and point farming across multipleDApps. Now, users can easily track their progress without the need to visit eachDAppindividually, effectively saving time and improving efficiency. To access 'BTC Farming Points,' users simply need to navigate to their OKX Wallet, select 'More' and then choose 'Farming Points'.\nThis announcement follows the recent launch of OKX's 'SolanaPoints Dashboard,' enabling the consolidation of points and rankings from multipleSolanaDAppsin one place.\nFor more information, please visit theOKX Support Center.\nFor further information, please contact:[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3,\xa0OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatilecryptowallet which gives users access to over 85 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet's account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chaindecentralizedexchange aggregator of 400+ other DEXs and approximately 20 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3DeFi: A powerfulDeFiplatform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driverDaniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer\nThe information displayed is strictly for informational purposes only. It does not constitute and shall not be considered as an offer, solicitation or recommendation, to deal with any products (including any NFT or otherwise), or as financial or investment advice. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service atwww.okx.com.\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-launches-btc-farming-points-for-simplified-tracking-of-points-and-airdrops-across-multiple-dapps-302105012.html\nSOURCE OKX", "SINGAPORE,April 1, 2024/PRNewswire/ --OKX, a leading Web3 technology company, has issued updates forApril 1, 2024.\nOKX Launches 'BTC Farming Points' for Simplified Tracking of Points and Airdrops Across MultipleDApps\nOKXtoday announced the launch of its 'BTC Farming Points,' a feature that consolidates points and rankings from various BTC ecosystem projects into one convenient location, enhancing user engagement and making it easier for users to track their achievements across multiple BTC protocols - including those belonging to the ecosystems ofMerlin Chain,BEVm,BounceBit,B² NetworkandTuna Chain.\n'BTC Farming Points' is particularly beneficial for users who actively participate in airdrops and point farming across multipleDApps. Now, users can easily track their progress without the need to visit eachDAppindividually, effectively saving time and improving efficiency. To access 'BTC Farming Points,' users simply need to navigate to their OKX Wallet, select 'More' and then choose 'Farming Points'.\nThis announcement follows the recent launch of OKX's 'SolanaPoints Dashboard,' enabling the consolidation of points and rankings from multipleSolanaDAppsin one place.\nFor more information, please visit theOKX Support Center.\nFor further information, please contact:[email protected]\nAbout OKX\nA leading global technology company driving the future of Web3,\xa0OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:\n• OKX Wallet: The world's most powerful, secure and versatilecryptowallet which gives users access to over 85 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technologywhich allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet's account abstraction-poweredSmart Accountenables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.\n• DEX: A multi-chain, cross-chaindecentralizedexchange aggregator of 400+ other DEXs and approximately 20 bridges, with 200,000+ coins and more than 20 blockchains supported.\n• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.\n• Web3DeFi: A powerfulDeFiplatform that supports earning and staking on about 70 protocols across more than 10 chains.\nOKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driverDaniel Ricciardo.\nAs a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled,The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.\nTo learn more about OKX, download our app or visit:okx.com\nDisclaimer\nThe information displayed is strictly for informational purposes only. It does not constitute and shall not be considered as an offer, solicitation or recommendation, to deal with any products (including any NFT or otherwise), or as financial or investment advice. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service atwww.okx.com.\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-launches-btc-farming-points-for-simplified-tracking-of-points-and-airdrops-across-multiple-dapps-302105012.html\nSOURCE OKX", "• US stocks traded mostly lower on Monday following the release of strong economic data.\n• The ISM manufacturing index rose to 50.3 in March, representing the first monthly expansion since 2022.\n• The data poured cold water on hopes for interest rate cuts in June.\nStocks dropped and bond yields spiked on Monday after solid economic data poured cold water on hopes of a June interest rate cut from the Federal Reserve.\nManufacturing activity as measured by the ISM Index jumped to 50.3 in March, well ahead of expectations. The data represented the first monthly expansion in manufacturing since 2022. Component prices also shot up in the ISM report, raising concerns about stubborn inflation.\nIf inflation reaccelerates, the Fed would likely err on the side of caution and postpone its planned interest rate cuts. The probability of a Fed interest rate cut in Junefell below 50%immediately following the ISM report, according to data from Bloomberg.\nProspects for a June interest rate cut were initially higher on Mondayas investors reacted to Friday's release of PCE inflation data,which was in line with expectations.\nHere's where US indexes stood at the 4 p.m. closing bell on Monday:\n• S&P 500:5,243.77, down 0.2%\n• Dow Jones Industrial Average:39,566.85, down 0.6% (241 points)\n• Nasdaq Composite:16,396.83, up 0.1%\nHere's what else happened today:\n• Trump Media stock dropped 26% on Mondayafter the company released updated financial data that showed growing losses.\n• Gold prices hit a record high on Monday to above $2,260 per ounce.The surge comes as investors anticipate interest rate cuts from the Fed.\n• Retail investors are piling into riskier, high-leverage ETFsthat track the stock market amid new record highs.\n• The value of Truth Media and Technology Group does not appear sustainablegiven its paltry revenue and sizable losses, BI's Emily Steward writes.\n• Meme stocks are making a comebackas retail investors start to get more excited about the stock market.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil edged higher by 0.94% to $83.95 a barrel.Brent crude, the international benchmark, jumped by 0.70% to $87.61 a barrel.\n• Goldjumped 1.05% to $2,261.90 per ounce.\n• The 10-year Treasury yield rose 12 basis points to 4.33%.\n• Bitcoindropped by 2.70% to $69,390.\nRead the original article onBusiness Insider", 'The Chinese government has introduced a new public blockchain infrastructure platform led byConflux Network, a multichain blockchain ecosystem under the Conflux Foundation. The platform, called the "Ultra-Large Scale Blockchain Infrastructure Plat **Last 60 Days of Bitcoin's Closing Prices:** [43185.86, 42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-02 **Financial & Commodity Data:** - Gold Closing Price: $2261.00 - Crude Oil Closing Price: $85.15 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,287,493,130,000 - Hash Rate: 611575286.7885739 - Transaction Count: 357709.0 - Unique Addresses: 685496.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • Spot bitcoin ETFs recorded their first week of net outflows. • Outflows from the Grayscale Bitcoin Trust reached $1.83 billion over 4 days, Coinbase noted. • Selling pressure may have come from the bankruptcy estate of Genesis Global, the report said. The cryptocurrency market remains fixated on spot bitcoin {{BTC}} exchange-traded fund (ETF) flows rather than fundamentals, as therecently approvedproducts saw their first week of net outflows in two months, Coinbase (COIN) said in a research report on Friday. Coinbase noted that net outflows amounted to $836 million between March 18 and March 21. Bitcoin slippedbelow $63,000last week as the outflows sped up. It was recently trading at around $66,800. There is little insight into what drove the surge in outflows from the Grayscale Bitcoin Trust (GBTC), which reached $1.83 billion in total over four days, the report said. In previous weeks, positive inflows into other spot ETFs more than offset outflows from GBTC, suggesting “some capital rotation at that time,” analysts David Duong and David Han wrote. GBTC chargeshigher feesthan the other funds. One source of potential selling pressure that has been expected is from thebankruptcy estateof Genesis Global, amounting to the sale of 35.9 million GBTC shares, Coinbase said. This is separate from the 30.9 million shares Genesis pledged in collateral to borrow $1.2 billion from Gemini Earn users in the third quarter of 2022, the report noted.Gemini has settled with Genesisto return those assets in kind and payment is expected in a few weeks, following court approval. Coinbase said it's not clear whether the recent GBTC outflows are linked to these sales, and that “we can only infer that the size and scope of the change in GBTC shares outstanding coincide with recent developments on Genesis’ payment obligations.” “More importantly, given that the majority of creditor payments will be made in crypto and not cash, the market effect on bitcoin performance should eventually be net neutral,” the report added. Read more:Spot Bitcoin ETFs Could See $220B of Inflows in Next 3 Years: JMP Securities... - Reddit Posts (Sample): [['u/Old-Cardiologist-545', 'Inflation and dumbasses.', 122, '2024-04-02 00:29', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/', 'Either buy fuckin bitcoin or experience on average around 8% monetary inflation per year. \n\n“I WaNNa iNVesT mY $1k iN bITcOiN”. No, shut up it’s not a goddamn investment like you put your money into the stock market for some cool gains.\n\nBitcoin is how you can keep your value. YOUR VALUE. Without bitcoin you would living in a chaotic world with rich, greedy, corrupt politicians and big corporations who suck you dry. \n\nThey take your money and then take it again and again and again and leave you with higher prices and the money you do own is worthless.\n\n \n', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/', '1bthw7d', [['u/4xfun', 104, '2024-04-02 00:38', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxm3xiq/', 'I feel your frustration. Very few people actually understand how de debt driven system works. Here’s a hug', '1bthw7d'], ['u/CryptoMadNate', 12, '2024-04-02 00:45', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxm5030/', 'Agreed ahaha. I share the same frustration so that why i Bitcoin until my death bed. The thing that has most value in this world is time because of its finite aspect and those fucker steal it thought inflation and taxation. Bitcoin is the middle finger to these greedy humans.', '1bthw7d'], ['u/KorkoBit', 53, '2024-04-02 00:48', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxm5imc/', 'i have bitcoin and still live in this world :O', '1bthw7d'], ['u/DesignerAstronaut975', 18, '2024-04-02 00:50', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxm5uw9/', 'Fucking right man.', '1bthw7d'], ['u/Objective_Audience66', 35, '2024-04-02 00:50', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxm5w58/', 'This. Until I can spend btc like a dollar this is our world. Hodl', '1bthw7d'], ['u/Holster72', 11, '2024-04-02 01:19', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxmaj2j/', 'I’m in it for gains. Fight me.', '1bthw7d'], ['u/Narrow_Elk6755', 14, '2024-04-02 01:20', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxmalgz/', 'Stocks and real estate also retain purchasing power, its not exactly exclusive to BTC is it?', '1bthw7d'], ['u/Itchy-File-8205', 11, '2024-04-02 01:36', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxmd5i8/', "Normies don't get it. They won't until it's too late", '1bthw7d'], ['u/DesignerAstronaut975', 11, '2024-04-02 01:55', 'https://www.reddit.com/r/Bitcoin/comments/1bthw7d/inflation_and_dumbasses/kxmg45s/', 'No one will let you use it as money if you don’t fight for it.', '1bthw7d']]], ['u/DenseDig2633', 'I bought 100 KAS', 17, '2024-04-02 01:08', 'https://www.reddit.com/r/kaspa/comments/1btiv6h/i_bought_100_kas/', 'I am very new to the world of cryptocurrencies and I understand that cryptos is not an investment. The real cryptos are those that intend to go against the FIAT system and are decentralized, I think about making a monthly contribution from now on of 100 dollars per month, 30 in bitcoin and 70 in kas, opinions? When you think the FIAT system will colapse? hehehe ', 'https://www.reddit.com/r/kaspa/comments/1btiv6h/i_bought_100_kas/', '1btiv6h', [['u/kingjame888', 10, '2024-04-02 03:50', 'https://www.reddit.com/r/kaspa/comments/1btiv6h/i_bought_100_kas/kxmyigl/', 'Bitcoin low ROI...put all in kas. Not financial advice.', '1btiv6h'], ['u/EzekielSR405', 14, '2024-04-02 06:19', 'https://www.reddit.com/r/kaspa/comments/1btiv6h/i_bought_100_kas/kxnitsp/', 'Congrats on joining the ranks of Kaspa owners. Its great to have new people here. It keeps the network going :)', '1btiv6h']]], ['u/econoquist', "You Want Purple Prose? I'll Give you Purple Prose.", 13, '2024-04-02 02:09', 'https://www.reddit.com/r/bookscirclejerk/comments/1btkcyo/you_want_purple_prose_ill_give_you_purple_prose/', 'In all its glorious beauty and torment and torrents of feeling and[meaning so deep it can never be plumbed.](https://www.reddit.com/r/books/comments/1btcpuy/lie_with_me_by_phillippe_benson/)', 'https://www.reddit.com/r/bookscirclejerk/comments/1btkcyo/you_want_purple_prose_ill_give_you_purple_prose/', '1btkcyo', [['u/Early_Assignment9807', 12, '2024-04-02 02:48', 'https://www.reddit.com/r/bookscirclejerk/comments/1btkcyo/you_want_purple_prose_ill_give_you_purple_prose/kxmoq28/', 'i feel kinda sticky after reading that i dunno', '1btkcyo']]], ['u/Extension-Fox6956', 'How do you get over and move on from decisions that led to financial ruin and changed your life trajectory', 68, '2024-04-02 02:16', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/', "I'm 33 and over the years I amassed about 75k in debt from CCs, student loans, and a car. The funny thing is that I'm a CPA but have been pretty financially illiterate my whole life. During this time I also stacked up 1.4 Bitcoin, which is the reason I wasn't paying off the debt aggressively. I'm an alcoholic and got sober in May 2022. Over the next few years, I made the choice to work some hourly jobs for about 6 months because I thought it would help me stay sober. I then got sold on a 100% commission sales job that told me I could make a few hundred thousand dollars. The only access to money I had at this time was my Bitcoin. I had spent years accumulating and protecting this. However, I thought I could make enough money to pay off my debt and buy my bitcoin back and more so I used it to finance this move. The job was a bust and I ended up with 0 bitcoin and 75k in debt. I sold off the last little bit of my bitcoin in August 2023 and got back into a job making an actual income in October. A few months later, the bitcoin ETFs were approved and Bitcoin has over 3x'd in value and is only going to go up. I may have had enough to retire in 10-20 years. Now I am digging out of a hole and considerably behind in life with a networth of -39K at 33 years old. How does someone ever move on from something like this? \n\nI've sought professional help and was diagnosed with ADHD a month ago which has explained my entire life since childhood. I don't know if that is why I made such a bad decision but I was unable to think of the long term consequences if my idea didn't work out.", 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/', '1btkjcl', [['u/Shudafudup', 32, '2024-04-02 02:38', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxmn4fr/', 'Work like crazy and live like a bum to pay off the debt. Or meet with a specialized lawyer to see if there’s a loophole you can take advantage of.', '1btkjcl'], ['u/Tallfuck', 14, '2024-04-02 02:43', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxmntx4/', 'You just have to let the losses go. The money is gone and you’re just making yourself feel worse by living in the past. Easier said than done, but try not to let your mind wander back there and get making some money. \n\nAlso. Don’t try to get it back, you won’t. \n\nBtc will be back below this number within the next 4 years if that’s your play. DCA back in if you are going to follow that lifestyle.', '1btkjcl'], ['u/DrLeoMarvin', 35, '2024-04-02 02:54', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxmpnq3/', 'Bro, I finally had started a decided retirement for my wife and I, $70k in the 401k at the age of 40 and like ~$120k equity in house. Solid salary and career but still $100k in student loans. But man it felt good to be in the green on paper. Wife is leaving me, gonna take a massive chunk of my income for five years, take half our equity, and all because of some fixable shit. No cheating, no abuse, some arguing and differences we could’ve worked out. But going to ruin me financially at 40 fucking years old.', '1btkjcl'], ['u/xenaga', 10, '2024-04-02 03:10', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxms3lt/', 'I did the same. I saved over 10 years of my income, was well set for retirement and live a very frugal lifestyle to get close to 3/4 million. I then blew it in 3 months on meme stocks. Couldnt help myself. Now I am starting over ffom scratch.\n\nAfter months and months of pain and suffering, I let it go. I still have some dull pain from it 3 years later but I realized i was too attached to money and put too much value on it. Now I am living a bit more balanced lifestyle.', '1btkjcl'], ['u/DrLeoMarvin', 10, '2024-04-02 04:04', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxn0jcm/', 'I’ve tried everything imaginable. I’ve changed myself completely the last three months to fit what she says she wants. I’ve begged like a pathetic idiot and pleaded in letters and texts. I’ve tried to explain how this is gonna fuck with our kids, how she’s losing any family that loved her as my other half. I’m out of ideas, I can’t fall out of love with her as much as I wish I could at this point.', '1btkjcl'], ['u/retard_vampire', 16, '2024-04-02 07:39', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxnr3z8/', 'Google "tolerable level of permanent unhappiness". That would be my guess.', '1btkjcl'], ['u/EMHURLEY', 13, '2024-04-02 09:55', 'https://www.reddit.com/r/AskMenOver30/comments/1btkjcl/how_do_you_get_over_and_move_on_from_decisions/kxo2fv4/', 'Mine too. Or Google “Emma’s mental load comic”, another common problem', '1btkjcl'], ['u/xhazerdusx', 10, '2024-04-02 14:58', 'https://www... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["TOKYO (AP) — Asian shares mostly declined Wednesday after Wall Street sank, hitting the brakes on what’s been a nearly unstoppable romp.\nJapan's benchmark Nikkei 225 slid 0.8% in morning trading to 39,511.88. Sydney's S&P/ASX 200 slipped 1.3% to 7,788.20. South Korea's Kospi dropped 1.3% to 2,716.65. Hong Kong's Hang Seng lost 0.6% to 16,832.52, while the Shanghai Composite fell 0.3% to 3,066.66.\nAnalysts said worries were growing that what rattled Wall Street might spread to Asia, despite recent relatively positive economic signs from China.\n“Investors are grappling with the possibility that this turbulence could mark the beginning of a more significant correction in the markets,” said Stephen Innes, managing partner at SPI Asset Management.\nChina has an ambitious target of around 5% economic growth this year, seeking to put behind recent troubles in the property sector and the lingering effects of the disruptions that came from the pandemic.\nOn Wall Street, the S&P 500 fell 37.96 points, or 0.7% to 5,205.81 for its worst day in four weeks. It was its second straight drop after setting an all-time high to close last week.\nOther indexes did worse. The Dow Jones Industrial Average lost 396.61 points, or 1%, to 39,170.24 and likewise pulled further from its record. The Nasdaq composite fell 156.38, or 1%, to 16,240.45, and the small stocks in the Russell 2000 index tumbled 1.8%.\nHealth insurance companies led the market lower on worries about their upcoming profits after the U.S. governmentannounced lower-than-expected ratesfor Medicare Advantage. Humana tumbled 13.4%. Tesla, meanwhile, dropped 4.9% after deliveringfewer vehiclesfor the start of 2024 than analysts expected.\nOne of the big reasons the U.S. stock market has screamed higher since late October is the expectation that the Federal Reserve will cut interest rates several times this year. The central bank itself has hinted as much, and an easing of rates would relieve pressure on both the economy and financial system.\nBut Fed officials have also said they needfurther confirmationinflation is heading sustainably down to their 2% target before acting. A surprisingly strong report on U.S. manufacturing Monday, which showed a return to growth after 16 straight months of contraction, hurt those expectations.\nIt’s the latest evidence of a remarkably resilient U.S. economy. That keeps people employed and corporate profits humming, but it could also add upward pressure on inflation.Progressthere has becomebumpierrecently, with inflationreportsthis year coming inhotter than expected.\nTraders have already drastically reduced their expectations for how many times the Federal Reserve will cut interest rates this year, halving them from aforecast of six at the start of the year. That would be in line with the three cuts that Fed officials themselves have hinted at.\nBecause the U.S. economy has remained stronger than expected, investors say the chances are rising that the Fed may deliver just two rate cuts this year. Gargi Chadhuri, chief investment and portfolio strategist, Americas, at BlackRock, suggests investors keep their bets spread across a wide range of investments, rather than “trying to time the market – or the Fed.”\nLoretta Mester, president of the Cleveland Fed, said Tuesday that the bigger risk is cutting interest rates too early, rather than too late. The former could allow the economy to overheat and inflation to reaccelerate, while the latter could cause unnecessary pain for workers.\nHer comments came as economic reports showed U.S. employers were advertising roughly the same number ofjob openingsin February as they were a month earlier and a stronger-than-expected gain in factory orders.\nIn the bond market, the yield on the 10-year Treasury rose to 4.35% from 4.33% late Monday.\nThe two-year yield, which moves more closely with expectations for Fed action, slipped to 4.69% from 4.71% late Monday.\nHigh rates slow the economy by design, by making borrowing more expensive. They also hurt prices for investments by making it more attractive for investors to put money instead in safer alternatives. Bitcoin fell 5.4%.\nBeyond worries about interest rates staying high, critics say the U.S. stock market has also simply grown too expensive after soaring more than 20% in six months. Companies will likely need to deliver strong growth in profits to justify such big moves.\nIn energy trading,\nThey followed the price of crude higher. A barrel of benchmark U.S. oil rose $1.44 to settle at $85.15 and is back to where it was in October. A barrel of Brent crude, the international standard, climbed $1.50 to $88.92.\nIn currency trading, the U.S. dollar rose to 151.56 Japanese yen from 151.54 yen. The euro cost $1.0075, little changed from $1.0776.\n___\nAP Business Writer Stan Choe contributed.", '• US stocks fell sharply as investors are turning skeptical on a Fed rate cut by June.\n• The 10-year Treasury yield hit its highest since November.\n• Fed officials still see three rate cuts as possible this year. Chairman Jerome Powell is set to speak on Wednesday.\nUS stocks fell for a third straight day Tuesday as investors digested the possibility that the first Federal Reserve interest rate cut won\'t come in June as expected.\nMarkets have been repricing bets on Fed monetary policy after a batch of strong economic data suggested conditions are still running too hot for a cut.\nOdds of a June pivot briefly fell below 50% after Monday\'s manufacturing data came in hotter than expected. Meanwhile, thelatest jobs opening figuresshow that demand for labor remains elevated.\nWith bond traders now adjusting to the prospect of fewer Fed cuts this year, the 10-year Treasury yield hit its highest since November, peaking at 4.4%.\nSo far, San Francisco Fed President Mary Daly noted that three rate cuts remained reasonable, while Cleveland\'s Loretta Mester concurred. Both officials want to see more evidence of falling inflation.\nLater this week, investors can expected commentary from Chairman Jerome Powell speak on Wednesday, while the next jobs report is set to release Friday.\nHere\'s where US indexes stood at the 4 p.m. closing bell on Tuesday:\n• S&P 500:5,205.81, down 0.7%\n• Dow Jones Industrial Average:39,170.24, down 1% (397 points)\n• Nasdaq Composite:16,240.45, down 1%\nHere\'s what else happened today:\n• The next US recession might not come until 2025, JPMorgan says.\n• Ray Dalio is still investing in China, despite warnings of challenges ahead.Here\'s why.\n• Astock bubble could form if the Fed does cut rates, "Big Short" investor Steve Eisman warns.\n• A record number of cities now havehome prices averaging above $1 million, Zillow says.\nIn commodities, bonds, and crypto:\n• Oil prices increased.West Texas Intermediatecrude oil rose by 1.76 to $85.21 a barrel.Brent crude, the international benchmark, jumped by 1.93% to $88.93 a barrel.\n• Goldclimbed 1% to $2,273.34 per ounce.\n• The 10-year Treasury yield gained 3.4 basis points to 4.361%.\n• Bitcoindropped 5.5% to $65,927.\nRead the original article onBusiness Insider', 'By Lisa Pauline Mattackal and Medha Singh\n(Reuters) -Cryptocurrency ether is struggling to keep pace with soaring big brother bitcoin.\nThe no. 2 cryptocurrency, which commands less than a fifth of the $2.7 trillion crypto market, has not done poorly. But ether is up just around 53% in the first three months of this year, compared with bitcoin\'s 65%.\nBitcoin scaled new peaks last month. Trading around $3,612 on Monday, ether is at least 26% below its Nov. 2021 all-time high of $4,867.60.\nEven a recent technical upgrade of the Ethereum blockchain, which is used to build applications, barely made a splash beyond the circle of crypto enthusiasts, in contrast to the excitement ahead of bitcoin\'s "halving" next month, a technical change designed to slow the coin\'s supply.\nIn a typical case of markets selling the fact, ether dropped 12% after the underlying blockchain\'s Dencun upgrade on March 13 aimed at lowering transaction fees on its ecosystem.\n"Ethereum is persistently dogged by its lack of name recognition among non-endemic investors," said Joseph Edwards, head of research at London crypto firm Enigma Securities.\n"There\'s a lot more economic activity on it compared to 2020... but it reaching all-time highs will likely come fairly late."\nMuch depends on whether the U.S. Securities and Exchange Commission (SEC) approves spot ether ETFs. For, it was the approval and launch of several U.S. spot bitcoin ETFs that spurred institutional demand and drove it to record highs.\nEther ETFs too are waiting, with VanEck\'s filing first in line for a decision on May 23.\nStandard Chartered Bank expects U.S. ether ETFs to be approved on May 23, propelling it to $8,000 by end-2024 and $14,000 by end-2025.\nCOMMODITY OR SECURITY?\nNot everyone is as optimistic about the U.S. regulator greenlighting a spot ether ETF.\nLawyers and industry sources have said ether\'s legal status is ambiguous and they expect regulators to move cautiously.\nThe SEC has said bitcoin is a commodity, but has not ruled on ether.\nUnlike bitcoin, ether is traded on a so-called \'proof-of-stake\' blockchain that allows users to earn yield in exchange for locking up tokens for a period of time.\nAnd because ether is often \'staked\', or deposited, it could be deemed a security, which will entail stricter rules around disclosure that fly in the face of cryptocurrency\'s ethos of bypassing the traditional gatekeepers of finance, such as banks and exchanges.\nBut that complicates the calculus for ETFs, as the yield on staked ether is often higher than that of just plain passive tokens.\n"Getting the SEC on board to allow staked ether ETFs will be a very tough bargain and is, for now, extremely unlikely," said Anders Helset, head of research at digital assets analytics firm K33\nInstitutional demand for ether has been a fraction of that for rival bitcoin. Digita **Last 60 Days of Bitcoin's Closing Prices:** [42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-03 **Financial & Commodity Data:** - Gold Closing Price: $2294.40 - Crude Oil Closing Price: $85.43 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,298,657,807,438 - Hash Rate: 586781694.0809289 - Transaction Count: 372978.0 - Unique Addresses: 714141.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.71 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: - Company earns 286 BTC in March 2024 - - Upgrade and expansion plan, targeting 21 EH/s and 21w/TH in 2024, underway with T21 deliveries and installations - TORONTO, Ontario and BROSSARD, Québec, April 01, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/ TSX: BITF), a global vertically integrated Bitcoin mining company, provides its monthly production report and update on its fleet upgrade and expansion. Fleet Upgrade Review Geoff Morphy, President and Chief Executive Officer said, “In March, we exercised our previously announced purchase option for 28,000 Bitmain T21 miners and purchased an additional 19,280 Bitmain T21 miners along with 3,888 Bitmain S21 miners and 740 Bitmain S21 hydro miners. “Having confirmed the tremendous performance of our T21 miners currently running, and with Bitcoin prices reaching all-time highs, we acted quickly to secure these miners at attractive prices in advance of anticipated hardware price increases. Together, with our 35,888 Bitmain T21 purchases and farm expansions announced in November, these new 87,796 miners are sufficient to reach 21 EH/s by year-end, with greater operating efficiency. “These orders solidify our expansion plan for 2024 and provide the pathway to operating one of the newest and potentially most efficient mining fleets in the industry. Securing these miners is a key part of our strategy to drive rapid and meaningful improvements across three principal operating metrics of hashrate, energy efficiency and operating costs per terahash as we plan to capture greater upside from rising Bitcoin prices and expanding mining margins,” added Morphy. Ben Gagnon, Chief Mining Officer, said, “In March, we received 1,650 T21 miners with 6,400 additional miners in transit. The majority of the miners received are installed and online. Garlock installations are now planned for completion in the first week of April. With curtailment in Quebec and Paraguay, as well as power plant maintenance in Argentina, we had fewer miners online than normal, resulting in a month-end hashrate of 6.5 EH/s. We expect to achieve 7 EH/s by mid-April. “As we enter the Halving, we remain focused on our 2024 transformational fleet upgrade and expansion plan which triples our hashrate to 21 EH/s, increases our targeted operating capacity by 83% to 440 MW, and improves our fleet efficiency by 38% to 21 w/TH. This marks the largest growth in the Company’s history and propels us toward becoming one of the industry leaders in energy efficiency. Bitfarms is well positioned, with a strong balance sheet, to execute on our growth plans and capitalize on opportunities in the upcoming bull market and beyond.” Mining Review March mining operations generated 286 BTC compared to 300 BTC in February. This reflects participation in grid-stabilizing curtailment programs, power plant maintenance in Argentina, downtime associated with facility upgrades resulting in temporary lower average operating EH/s, and a 4.8% increase in network difficulty. [{"Key Performance Indicators": "Total BTC earned", "March 2024": "286", "February 2024": "300", "March 2023": "424"}, {"Key Performance Indicators": "Month End Operating EH/s", "March 2024": "6.5", "February 2024": "6.5", "March 2023": "4.8"}, {"Key Performance Indicators": "BTC/Avg. EH/s", "March 2024": "50", "February 2024": "49", "March 2023": "91"}, {"Key Performance Indicators": "Average Operating EH/s", "March 2024": "5.7", "February 2024": "6.1", "March 2023": "4.6"}, {"Key Performance Indicators": "Operating Capacity (MW)", "March 2024": "240", "February 2024": "240", "March 2023": "188"}, {"Key Performance Indicators": "Hydropower (MW)", "March 2024": "186", "February 2024": "186", "March 2023": "178"}, {"Key Performance Indicators": "Watts/Terahash Efficiency (w/TH)", "March 2024": "34", "February 2024": "35", "March 2023": "39"}, {"Key Performance Indicators": "BTC Sold", "March 2024": "284", "February 2024": "300", "March 2023": "394"}] March 2024 Select Operating Highlights • 6.5 EH/s online at March 31, 2024, up 35% Y/Y and unchanged from previous month. • 5.7 EH/s average online, down 6.6% from the previous month. • 50 BTC/average EH/s, up 2.0% from the previous month. • 286 BTC earned, 5% lower than previous month and 33% lower Y/Y. • 9.2 BTC earned daily on average, equal to ~$647,700 per day based on a BTC price of $70,400 at March 31, 2024. • 1,656 Bitmain T21 miners received with majority online. • In Paraguay,At Paso Pe:80 MW main transformer received and installed.3,905 Bitmain T21 miners in transit.1,920 Bitmain M53S+ Hydro Miners received and ready for installation upon receipt of Hydro Containers in mid-April.At Yguazu, purchase agreements signed for all long lead-time equipment, including large transformers, cabling, and related interconnects. Bitfarms’ BTC Monthly Production [{"Month": "January", "BTC Earned 2024": "357", "BTC Earned 2023": "486"}, {"Month": "February", "BTC Earned 2024": "300", "BTC Earned 2023": "387"}, {"Month": "March", "BTC Earned 2024": "286", "BTC Earned 2023": "424"}, {"Month": "YTD Totals", "BTC Earned 2024": "943", "BTC Earned 2023": "1,297"}] March 2024 Financial Update • Sold 284 of the 286 BTC earned as part of the Company’s regular treasury management process for total proceeds of $19.2 million. • BTC held in treasury increased to 806, representing $56.7 million based on a BTC price of $70,400 at March 31, 2024. • Held Synthetic HODL™ of 85 long-dated BTC call options at March 31, 2024, reflecting 50 contracts exercised at maturity prior to month-end. • Held $66 million in cash, for total liquidity of $123 million, at March 31, 2024. • Exercised purchase option for 28,000 Bitmain T21 miners and purchased 19,280 Bitmain T21 miners along with 3,888 Bitmain S21 miners and 740 Bitmain S21 hydro miners. • Received $1.7 million net proceeds from the sale and leaseback of the Garlock facility, as part of the Company’s focus on efficient capital utilization. Upcoming Conferences and Events • April 8-9: DigitalABC's First Annual Canadian Crypto Asset and Blockchain Policy Conference, Ottawa • April 9: Bitcoin Policy Summit, Washington DC • April 29-30: AIM Summit, London • May 14-15: 19thAnnual Needham Technology, Media & Consumer Conference, New York City • May 15: Digital Blockchain Summit, Washington DC • May 22-23: B. Riley Securities 24th Annual Institutional Investor Conference, Beverly Hills, CA About Bitfarms Ltd Founded in 2017, Bitfarms is a global Bitcoin mining company that contributes its computational power to one or more mining pools from which it receives payment in Bitcoin. Bitfarms develops, owns, and operates vertically integrated mining farms with in-house management and company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The Company’s proprietary data analytics system delivers best-in-class operational performance and uptime. Bitfarms currently has 11 operating Bitcoin mining facilities and two under development situated in four countries: Canada, the United States, Paraguay, and Argentina. Powered predominantly by environmentally friendly hydro-electric and long-term power contracts, Bitfarms is committed to using sustainable and often underutilized energy infrastructure. To learn more about Bitfarms’ events, developments, and online communities:www.bitfarms.comhttps://www.facebook.com/bitfarms/https://twitter.com/Bitfarms_iohttps://www.instagram.com/bitfarms/https://www.linkedin.com/company/bitfarms/ Glossary of Terms • BTC or BTC/day = Bitcoin or Bitcoin per day • EH or EH/s = Exahash or exahash per second • MW or MWh = Megawatts or megawatt hour • PH or PH/s = Petahash or petahash per second • TH or TH/s = Terahash or terahash per second • w/TH = Watts/Terahash efficiency (includes cost of powering supplementary equipment) • Synthetic HODL™ = the use of instruments that create bitcoin equivalent exposure Cautionary Statement Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the Toronto Stock Exchange, Nasdaq, or any other securities exchange or regulatory authority accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This news release contains certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) that are based on expectations, estimates and projections as at the date of this news release and are covered by safe harbors under Canadian and United States securities laws. The statements and information in this release regarding projected growth, target hashrate, opportunities relating to the Company’s geographical diversification and expansion, upgrading and deployment of miners as well as the timing therefor, improved financial performance and balance sheet liquidity, other growth opportunities and prospects, and other statements regarding future growth, plans and objectives of the Company are forward-looking information. Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “prospects”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This forward-looking information is based on assumptions and estimates of management of the Company at the time they were made, and involves known and unknown risks, unce... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47
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:** ["TOKYO (AP) — Asian shares mostly declined Wednesday after Wall Street sank, hitting the brakes on what’s been a nearly unstoppable romp.\nJapan's benchmark Nikkei 225 slid 0.8% in morning trading to 39,511.88. Sydney's S&P/ASX 200 slipped 1.3% to 7,788.20. South Korea's Kospi dropped 1.3% to 2,716.65. Hong Kong's Hang Seng lost 0.6% to 16,832.52, while the Shanghai Composite fell 0.3% to 3,066.66.\nAnalysts said worries were growing that what rattled Wall Street might spread to Asia, despite recent relatively positive economic signs from China.\n“Investors are grappling with the possibility that this turbulence could mark the beginning of a more significant correction in the markets,” said Stephen Innes, managing partner at SPI Asset Management.\nChina has an ambitious target of around 5% economic growth this year, seeking to put behind recent troubles in the property sector and the lingering effects of the disruptions that came from the pandemic.\nOn Wall Street, the S&P 500 fell 37.96 points, or 0.7% to 5,205.81 for its worst day in four weeks. It was its second straight drop after setting an all-time high to close last week.\nOther indexes did worse. The Dow Jones Industrial Average lost 396.61 points, or 1%, to 39,170.24 and likewise pulled further from its record. The Nasdaq composite fell 156.38, or 1%, to 16,240.45, and the small stocks in the Russell 2000 index tumbled 1.8%.\nHealth insurance companies led the market lower on worries about their upcoming profits after the U.S. governmentannounced lower-than-expected ratesfor Medicare Advantage. Humana tumbled 13.4%. Tesla, meanwhile, dropped 4.9% after deliveringfewer vehiclesfor the start of 2024 than analysts expected.\nOne of the big reasons the U.S. stock market has screamed higher since late October is the expectation that the Federal Reserve will cut interest rates several times this year. The central bank itself has hinted as much, and an easing of rates would relieve pressure on both the economy and financial system.\nBut Fed officials have also said they needfurther confirmationinflation is heading sustainably down to their 2% target before acting. A surprisingly strong report on U.S. manufacturing Monday, which showed a return to growth after 16 straight months of contraction, hurt those expectations.\nIt’s the latest evidence of a remarkably resilient U.S. economy. That keeps people employed and corporate profits humming, but it could also add upward pressure on inflation.Progressthere has becomebumpierrecently, with inflationreportsthis year coming inhotter than expected.\nTraders have already drastically reduced their expectations for how many times the Federal Reserve will cut interest rates this year, halving them from aforecast of six at the start of the year. That would be in line with the three cuts that Fed officials themselves have hinted at.\nBecause the U.S. economy has remained stronger than expected, investors say the chances are rising that the Fed may deliver just two rate cuts this year. Gargi Chadhuri, chief investment and portfolio strategist, Americas, at BlackRock, suggests investors keep their bets spread across a wide range of investments, rather than “trying to time the market – or the Fed.”\nLoretta Mester, president of the Cleveland Fed, said Tuesday that the bigger risk is cutting interest rates too early, rather than too late. The former could allow the economy to overheat and inflation to reaccelerate, while the latter could cause unnecessary pain for workers.\nHer comments came as economic reports showed U.S. employers were advertising roughly the same number ofjob openingsin February as they were a month earlier and a stronger-than-expected gain in factory orders.\nIn the bond market, the yield on the 10-year Treasury rose to 4.35% from 4.33% late Monday.\nThe two-year yield, which moves more closely with expectations for Fed action, slipped to 4.69% from 4.71% late Monday.\nHigh rates slow the economy by design, by making borrowing more expensive. They also hurt prices for investments by making it more attractive for investors to put money instead in safer alternatives. Bitcoin fell 5.4%.\nBeyond worries about interest rates staying high, critics say the U.S. stock market has also simply grown too expensive after soaring more than 20% in six months. Companies will likely need to deliver strong growth in profits to justify such big moves.\nIn energy trading,\nThey followed the price of crude higher. A barrel of benchmark U.S. oil rose $1.44 to settle at $85.15 and is back to where it was in October. A barrel of Brent crude, the international standard, climbed $1.50 to $88.92.\nIn currency trading, the U.S. dollar rose to 151.56 Japanese yen from 151.54 yen. The euro cost $1.0075, little changed from $1.0776.\n___\nAP Business Writer Stan Choe contributed.", '• US stocks fell sharply as investors are turning skeptical on a Fed rate cut by June.\n• The 10-year Treasury yield hit its highest since November.\n• Fed officials still see three rate cuts as possible this year. Chairman Jerome Powell is set to speak on Wednesday.\nUS stocks fell for a third straight day Tuesday as investors digested the possibility that the first Federal Reserve interest rate cut won\'t come in June as expected.\nMarkets have been repricing bets on Fed monetary policy after a batch of strong economic data suggested conditions are still running too hot for a cut.\nOdds of a June pivot briefly fell below 50% after Monday\'s manufacturing data came in hotter than expected. Meanwhile, thelatest jobs opening figuresshow that demand for labor remains elevated.\nWith bond traders now adjusting to the prospect of fewer Fed cuts this year, the 10-year Treasury yield hit its highest since November, peaking at 4.4%.\nSo far, San Francisco Fed President Mary Daly noted that three rate cuts remained reasonable, while Cleveland\'s Loretta Mester concurred. Both officials want to see more evidence of falling inflation.\nLater this week, investors can expected commentary from Chairman Jerome Powell speak on Wednesday, while the next jobs report is set to release Friday.\nHere\'s where US indexes stood at the 4 p.m. closing bell on Tuesday:\n• S&P 500:5,205.81, down 0.7%\n• Dow Jones Industrial Average:39,170.24, down 1% (397 points)\n• Nasdaq Composite:16,240.45, down 1%\nHere\'s what else happened today:\n• The next US recession might not come until 2025, JPMorgan says.\n• Ray Dalio is still investing in China, despite warnings of challenges ahead.Here\'s why.\n• Astock bubble could form if the Fed does cut rates, "Big Short" investor Steve Eisman warns.\n• A record number of cities now havehome prices averaging above $1 million, Zillow says.\nIn commodities, bonds, and crypto:\n• Oil prices increased.West Texas Intermediatecrude oil rose by 1.76 to $85.21 a barrel.Brent crude, the international benchmark, jumped by 1.93% to $88.93 a barrel.\n• Goldclimbed 1% to $2,273.34 per ounce.\n• The 10-year Treasury yield gained 3.4 basis points to 4.361%.\n• Bitcoindropped 5.5% to $65,927.\nRead the original article onBusiness Insider', 'By Lisa Pauline Mattackal and Medha Singh\n(Reuters) -Cryptocurrency ether is struggling to keep pace with soaring big brother bitcoin.\nThe no. 2 cryptocurrency, which commands less than a fifth of the $2.7 trillion crypto market, has not done poorly. But ether is up just around 53% in the first three months of this year, compared with bitcoin\'s 65%.\nBitcoin scaled new peaks last month. Trading around $3,612 on Monday, ether is at least 26% below its Nov. 2021 all-time high of $4,867.60.\nEven a recent technical upgrade of the Ethereum blockchain, which is used to build applications, barely made a splash beyond the circle of crypto enthusiasts, in contrast to the excitement ahead of bitcoin\'s "halving" next month, a technical change designed to slow the coin\'s supply.\nIn a typical case of markets selling the fact, ether dropped 12% after the underlying blockchain\'s Dencun upgrade on March 13 aimed at lowering transaction fees on its ecosystem.\n"Ethereum is persistently dogged by its lack of name recognition among non-endemic investors," said Joseph Edwards, head of research at London crypto firm Enigma Securities.\n"There\'s a lot more economic activity on it compared to 2020... but it reaching all-time highs will likely come fairly late."\nMuch depends on whether the U.S. Securities and Exchange Commission (SEC) approves spot ether ETFs. For, it was the approval and launch of several U.S. spot bitcoin ETFs that spurred institutional demand and drove it to record highs.\nEther ETFs too are waiting, with VanEck\'s filing first in line for a decision on May 23.\nStandard Chartered Bank expects U.S. ether ETFs to be approved on May 23, propelling it to $8,000 by end-2024 and $14,000 by end-2025.\nCOMMODITY OR SECURITY?\nNot everyone is as optimistic about the U.S. regulator greenlighting a spot ether ETF.\nLawyers and industry sources have said ether\'s legal status is ambiguous and they expect regulators to move cautiously.\nThe SEC has said bitcoin is a commodity, but has not ruled on ether.\nUnlike bitcoin, ether is traded on a so-called \'proof-of-stake\' blockchain that allows users to earn yield in exchange for locking up tokens for a period of time.\nAnd because ether is often \'staked\', or deposited, it could be deemed a security, which will entail stricter rules around disclosure that fly in the face of cryptocurrency\'s ethos of bypassing the traditional gatekeepers of finance, such as banks and exchanges.\nBut that complicates the calculus for ETFs, as the yield on staked ether is often higher than that of just plain passive tokens.\n"Getting the SEC on board to allow staked ether ETFs will be a very tough bargain and is, for now, extremely unlikely," said Anders Helset, head of research at digital assets analytics firm K33\nInstitutional demand for ether has been a fraction of that for rival bitcoin. Digita **Last 60 Days of Bitcoin's Closing Prices:** [42992.25, 42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-03 **Financial & Commodity Data:** - Gold Closing Price: $2294.40 - Crude Oil Closing Price: $85.43 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,298,657,807,438 - Hash Rate: 586781694.0809289 - Transaction Count: 372978.0 - Unique Addresses: 714141.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.71 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: - Company earns 286 BTC in March 2024 - - Upgrade and expansion plan, targeting 21 EH/s and 21w/TH in 2024, underway with T21 deliveries and installations - TORONTO, Ontario and BROSSARD, Québec, April 01, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/ TSX: BITF), a global vertically integrated Bitcoin mining company, provides its monthly production report and update on its fleet upgrade and expansion. Fleet Upgrade Review Geoff Morphy, President and Chief Executive Officer said, “In March, we exercised our previously announced purchase option for 28,000 Bitmain T21 miners and purchased an additional 19,280 Bitmain T21 miners along with 3,888 Bitmain S21 miners and 740 Bitmain S21 hydro miners. “Having confirmed the tremendous performance of our T21 miners currently running, and with Bitcoin prices reaching all-time highs, we acted quickly to secure these miners at attractive prices in advance of anticipated hardware price increases. Together, with our 35,888 Bitmain T21 purchases and farm expansions announced in November, these new 87,796 miners are sufficient to reach 21 EH/s by year-end, with greater operating efficiency. “These orders solidify our expansion plan for 2024 and provide the pathway to operating one of the newest and potentially most efficient mining fleets in the industry. Securing these miners is a key part of our strategy to drive rapid and meaningful improvements across three principal operating metrics of hashrate, energy efficiency and operating costs per terahash as we plan to capture greater upside from rising Bitcoin prices and expanding mining margins,” added Morphy. Ben Gagnon, Chief Mining Officer, said, “In March, we received 1,650 T21 miners with 6,400 additional miners in transit. The majority of the miners received are installed and online. Garlock installations are now planned for completion in the first week of April. With curtailment in Quebec and Paraguay, as well as power plant maintenance in Argentina, we had fewer miners online than normal, resulting in a month-end hashrate of 6.5 EH/s. We expect to achieve 7 EH/s by mid-April. “As we enter the Halving, we remain focused on our 2024 transformational fleet upgrade and expansion plan which triples our hashrate to 21 EH/s, increases our targeted operating capacity by 83% to 440 MW, and improves our fleet efficiency by 38% to 21 w/TH. This marks the largest growth in the Company’s history and propels us toward becoming one of the industry leaders in energy efficiency. Bitfarms is well positioned, with a strong balance sheet, to execute on our growth plans and capitalize on opportunities in the upcoming bull market and beyond.” Mining Review March mining operations generated 286 BTC compared to 300 BTC in February. This reflects participation in grid-stabilizing curtailment programs, power plant maintenance in Argentina, downtime associated with facility upgrades resulting in temporary lower average operating EH/s, and a 4.8% increase in network difficulty. [{"Key Performance Indicators": "Total BTC earned", "March 2024": "286", "February 2024": "300", "March 2023": "424"}, {"Key Performance Indicators": "Month End Operating EH/s", "March 2024": "6.5", "February 2024": "6.5", "March 2023": "4.8"}, {"Key Performance Indicators": "BTC/Avg. EH/s", "March 2024": "50", "February 2024": "49", "March 2023": "91"}, {"Key Performance Indicators": "Average Operating EH/s", "March 2024": "5.7", "February 2024": "6.1", "March 2023": "4.6"}, {"Key Performance Indicators": "Operating Capacity (MW)", "March 2024": "240", "February 2024": "240", "March 2023": "188"}, {"Key Performance Indicators": "Hydropower (MW)", "March 2024": "186", "February 2024": "186", "March 2023": "178"}, {"Key Performance Indicators": "Watts/Terahash Efficiency (w/TH)", "March 2024": "34", "February 2024": "35", "March 2023": "39"}, {"Key Performance Indicators": "BTC Sold", "March 2024": "284", "February 2024": "300", "March 2023": "394"}] March 2024 Select Operating Highlights • 6.5 EH/s online at March 31, 2024, up 35% Y/Y and unchanged from previous month. • 5.7 EH/s average online, down 6.6% from the previous month. • 50 BTC/average EH/s, up 2.0% from the previous month. • 286 BTC earned, 5% lower than previous month and 33% lower Y/Y. • 9.2 BTC earned daily on average, equal to ~$647,700 per day based on a BTC price of $70,400 at March 31, 2024. • 1,656 Bitmain T21 miners received with majority online. • In Paraguay,At Paso Pe:80 MW main transformer received and installed.3,905 Bitmain T21 miners in transit.1,920 Bitmain M53S+ Hydro Miners received and ready for installation upon receipt of Hydro Containers in mid-April.At Yguazu, purchase agreements signed for all long lead-time equipment, including large transformers, cabling, and related interconnects. Bitfarms’ BTC Monthly Production [{"Month": "January", "BTC Earned 2024": "357", "BTC Earned 2023": "486"}, {"Month": "February", "BTC Earned 2024": "300", "BTC Earned 2023": "387"}, {"Month": "March", "BTC Earned 2024": "286", "BTC Earned 2023": "424"}, {"Month": "YTD Totals", "BTC Earned 2024": "943", "BTC Earned 2023": "1,297"}] March 2024 Financial Update • Sold 284 of the 286 BTC earned as part of the Company’s regular treasury management process for total proceeds of $19.2 million. • BTC held in treasury increased to 806, representing $56.7 million based on a BTC price of $70,400 at March 31, 2024. • Held Synthetic HODL™ of 85 long-dated BTC call options at March 31, 2024, reflecting 50 contracts exercised at maturity prior to month-end. • Held $66 million in cash, for total liquidity of $123 million, at March 31, 2024. • Exercised purchase option for 28,000 Bitmain T21 miners and purchased 19,280 Bitmain T21 miners along with 3,888 Bitmain S21 miners and 740 Bitmain S21 hydro miners. • Received $1.7 million net proceeds from the sale and leaseback of the Garlock facility, as part of the Company’s focus on efficient capital utilization. Upcoming Conferences and Events • April 8-9: DigitalABC's First Annual Canadian Crypto Asset and Blockchain Policy Conference, Ottawa • April 9: Bitcoin Policy Summit, Washington DC • April 29-30: AIM Summit, London • May 14-15: 19thAnnual Needham Technology, Media & Consumer Conference, New York City • May 15: Digital Blockchain Summit, Washington DC • May 22-23: B. Riley Securities 24th Annual Institutional Investor Conference, Beverly Hills, CA About Bitfarms Ltd Founded in 2017, Bitfarms is a global Bitcoin mining company that contributes its computational power to one or more mining pools from which it receives payment in Bitcoin. Bitfarms develops, owns, and operates vertically integrated mining farms with in-house management and company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The Company’s proprietary data analytics system delivers best-in-class operational performance and uptime. Bitfarms currently has 11 operating Bitcoin mining facilities and two under development situated in four countries: Canada, the United States, Paraguay, and Argentina. Powered predominantly by environmentally friendly hydro-electric and long-term power contracts, Bitfarms is committed to using sustainable and often underutilized energy infrastructure. To learn more about Bitfarms’ events, developments, and online communities:www.bitfarms.comhttps://www.facebook.com/bitfarms/https://twitter.com/Bitfarms_iohttps://www.instagram.com/bitfarms/https://www.linkedin.com/company/bitfarms/ Glossary of Terms • BTC or BTC/day = Bitcoin or Bitcoin per day • EH or EH/s = Exahash or exahash per second • MW or MWh = Megawatts or megawatt hour • PH or PH/s = Petahash or petahash per second • TH or TH/s = Terahash or terahash per second • w/TH = Watts/Terahash efficiency (includes cost of powering supplementary equipment) • Synthetic HODL™ = the use of instruments that create bitcoin equivalent exposure Cautionary Statement Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the Toronto Stock Exchange, Nasdaq, or any other securities exchange or regulatory authority accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This news release contains certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) that are based on expectations, estimates and projections as at the date of this news release and are covered by safe harbors under Canadian and United States securities laws. The statements and information in this release regarding projected growth, target hashrate, opportunities relating to the Company’s geographical diversification and expansion, upgrading and deployment of miners as well as the timing therefor, improved financial performance and balance sheet liquidity, other growth opportunities and prospects, and other statements regarding future growth, plans and objectives of the Company are forward-looking information. Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “prospects”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This forward-looking information is based on assumptions and estimates of management of the Company at the time they were made, and involves known and unknown risks, unce... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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 Herbert Lash and Amanda Cooper\nNEW YORK/LONDON (Reuters) - Global shares and bond yields meandered on Wednesday after data showed U.S. services industry growth eased further in March, suggesting inflation is slowing, but not enough for the Federal Reserve to say when interest rate cuts can begin.\nThe U.S. central bank had been expected to start cutting rates as early as June, but robust economic data boosted Treasury yields this week to multi-month highs as many in the market questioned that timetable.\nFed chief Jerome Powell said policy makers largely agree lower rates will be appropriate "at some point this year," but only after they "have greater confidence that inflation is moving sustainably down" toward the 2% target.\nStocks initially fell after the ADP National Employment Report said private payrolls increased by 184,000 jobs in March, indicating a strong economy. The report also showed the median wage for workers switching jobs jumped 10% on an annual basis after increasing 7.6% in February, a bad sign for inflation.\nBut the Institute for Supply Management (ISM) survey for the U.S. services industry showed a measure of prices businesses paid for inputs fell to a four-year low, a good inflation sign.\nMSCI\'s gauge of global stock performance closed up 0.1%, while bond yields retreated. The benchmark 10-year Treasury note\'s yield fell 1.6 basis points to 4.349% after hitting a four-month high of 4.429%.\nSurvey data such as ISM\'s have been less useful in gauging the economy than gross domestic product, employment and even retail sales numbers, said Joe LaVorgna, chief U.S. economist at SMBC Nikko Securities in New York.\n"One of the problems is that the survey data have not been particularly accurate," he said.\n"I\'m not sure the equity market\'s reacting to any specific set of data at this point. It just seems to be a constant inflow (of investment) as the market keeps getting excited. One about AI and secondly about the prospects of an Immaculate landing."\nThe pan-European STOXX 600 index rose 0.29%, as the ISM data cheered European investors. On Wall Street, the S&P 500 gained 0.11% and the Nasdaq Composite added 0.23%, but the Dow Jones Industrial Average fell 0.11%.\nThe Fed should not cut its benchmark rate until year\'s end, Atlanta Fed President Raphael Bostic told broadcaster CNBC, maintaining his view that policymakers should reduce borrowing costs only once in 2024.\nThe dollar index held near its highest level in more than four months, pinning the yen close to its lowest in decades, though the increased threat of currency intervention by Tokyo capped further declines in the Japanese currency.\nThe dollar index, a measure of the U.S. currency against six major trading partners, fell 0.50%. The dollar rose 0.11% to 151.68 yen.\nOil prices edged higher as investors mulled supply risks stemming from Ukrainian attacks on Russian refineries and the potential for escalation in the Middle East conflict, while OPEC+ ministers held steady their output policy.\nU.S. crude settled up 28 cents at $85.43 a barrel, while Brent rose 43 cents to settle at $89.35 a barrel.\nGold prices raced to a record high yet again. U.S. gold futures settled 1.5% higher at $2,315 an ounce.\nBitcoin rose 0.21% to at $65,801.00.\n(This story has been refiled to restore the missing word \'shares\' and change \'rates\' to \'rate,\' in paragraph 1)\n(Additional reporting by Stella Qiu in Sydney. Editing by Sam Holmes, Bernadette Baum, Gareth Jones, Richard Chang and David Gregorio)', 'By Herbert Lash and Amanda Cooper\nNEW YORK/LONDON (Reuters) - Global shares and bond yields meandered on Wednesday after data showed U.S. services industry growth eased further in March, suggesting inflation is slowing, but not enough for the Federal Reserve to say when interest rate cuts can begin.\nThe U.S. central bank had been expected to start cutting rates as early as June, but robust economic data boosted Treasury yields this week to multi-month highs as many in the market questioned that timetable.\nFed chief Jerome Powell said policy makers largely agree lower rates will be appropriate "at some point this year," but only after they "have greater confidence that inflation is moving sustainably down" toward the 2% target.\nStocks initially fell after the ADP National Employment Report said private payrolls increased by 184,000 jobs in March, indicating a strong economy. The report also showed the median wage for workers switching jobs jumped 10% on an annual basis after increasing 7.6% in February, a bad sign for inflation.\nBut the Institute for Supply Management (ISM) survey for the U.S. services industry showed a measure of prices businesses paid for inputs fell to a four-year low, a good inflation sign.\nMSCI\'s gauge of global stock performance closed up 0.1%, while bond yields retreated. The benchmark 10-year Treasury note\'s yield fell 1.6 basis points to 4.349% after hitting a four-month high of 4.429%.\nSurvey data such as ISM\'s have been less useful in gauging the economy than gross domestic product, employment and even retail sales numbers, said Joe LaVorgna, chief U.S. economist at SMBC Nikko Securities in New York.\n"One of the problems is that the survey data have not been particularly accurate," he said.\n"I\'m not sure the equity market\'s reacting to any specific set of data at this point. It just seems to be a constant inflow (of investment) as the market keeps getting excited. One about AI and secondly about the prospects of an Immaculate landing."\nThe pan-European STOXX 600 index rose 0.29%, as the ISM data cheered European investors. On Wall Street, the S&P 500 gained 0.11% and the Nasdaq Composite added 0.23%, but the Dow Jones Industrial Average fell 0.11%.\nThe Fed should not cut its benchmark rate until year\'s end, Atlanta Fed President Raphael Bostic told broadcaster CNBC, maintaining his view that policymakers should reduce borrowing costs only once in 2024.\nThe dollar index held near its highest level in more than four months, pinning the yen close to its lowest in decades, though the increased threat of currency intervention by Tokyo capped further declines in the Japanese currency.\nThe dollar index, a measure of the U.S. currency against six major trading partners, fell 0.50%. The dollar rose 0.11% to 151.68 yen.\nOil prices edged higher as investors mulled supply risks stemming from Ukrainian attacks on Russian refineries and the potential for escalation in the Middle East conflict, while OPEC+ ministers held steady their output policy.\nU.S. crude settled up 28 cents at $85.43 a barrel, while Brent rose 43 cents to settle at $89.35 a barrel.\nGold prices raced to a record high yet again. U.S. gold futures settled 1.5% higher at $2,315 an ounce.\nBitcoin rose 0.21% to at $65,801.00.\n(This story has been refiled to restore the missing word \'shares\' and change \'rates\' to \'rate,\' in paragraph 1)\n(Additional reporting by Stella Qiu in Sydney. Editing by Sam Holmes, Bernadette Baum, Gareth Jones, Richard Chang and David Gregorio)', 'Toronto, Ontario--(Newsfile Corp. - April 3, 2024) - Bluesky Digital Assets Corp., (CSE: BTC), (OTCQB: BTCWF), ("Bluesky" or the "Corporation") announced today that it had entered into an agreement where the Corporation will pay back the $100,000 CAD loan that was advanced to the Corporation via the $300,000 CAD credit facility agreement the Corporation announced it had entered into, via press release, back on February 22, 2024. The Corporation will settle the outstanding loan amount via the issuance of 3,333,333 Common Shares at a price of $0.03 CAD per Common Share. The Corporation also announced today that it will also settle an aggregate of $50,000 CAD of secured debt owed to a creditor via the issuance of an aggregate 1,666,667 Common Shares at a price of $0.03 CAD per Common Share. The debt settlement will assist the Corporation in preserving its cash for working capital and to further advance its AI endeavors. The issuance of the 5,000,000 Common Shares will not result in a change of control of the Corporation.\nAbout Bluesky Digital Assets Corp.\nBluesky Digital Assets Corp, has created a high value digital enterprise at the intersection of Artificial Intelligence, Blockchain and Web3 business solutions. Leveraging its success as an early adopter providing proprietary technology solutions, Bluesky has invested in its Roadmap. Bluesky\'s platform, BlueskyINTEL, is well positioned to leverage the current exponential growth of Artificial Intelligence ("AI") and Blockchain based technologies through a tightly focus built collaborative platform. This innovative web platform offering supports and better enables businesses to adopt and utilize these emerging and developing technologies.\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 b **Last 60 Days of Bitcoin's Closing Prices:** [42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-04 **Financial & Commodity Data:** - Gold Closing Price: $2288.80 - Crude Oil Closing Price: $86.59 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,300,892,251,838 - Hash Rate: 570252632.2758324 - Transaction Count: 320607.0 - Unique Addresses: 655509.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Wall Street closed the trading session on a high note Tuesday, as investors braced for the results of a crucial Federal Reserve policy meeting. The S&P 500 (^GSPC) rose close to 0.6%, beating back earlier losses to close at a fresh record high of 5,178.51. Meanwhile, the Dow Jones Industrial Average (^DJI) rose 0.8%, or more than 300 points. The tech-heavy Nasdaq Composite (^IXIC) increased almost 0.4% as Nvidia (NVDA) shares gained ground in the wake ofAI updatesfrom its annual developer conference. The gains capped a second-straightwinning day for the major gauges. Attention is firmly on theFed's two-day meetingthat began Tuesday morning, seen as a test forstocks bruisedby recentinflation surprisesthat undermined bets on interest-rate cuts coming soon. With policymakers widely expected to keep rates at their historic highs, thefocus is on the "dot plot"for any clues to the number and timing of any cuts this year. The central bank's policy decision is due Wednesday at 2 p.m. ET. Meanwhile, the Bank of Japanended its era of negative rateswith its first hike in 17 years, making a splash in a weekpacked with central bank decisions. In cryptocurrencies, bitcoin (BTC-USD) continued to pull back from its recent record high,falling over 5%at one point. Shares of crypto-linked companies Coinbase (COIN) and Marathon Digital (MARA) lost ground alongside the token. On the corporate front, shares of Unilever (UL) popped after the Ben & Jerry's maker said it would cut jobs andspin off its ice cream unit. • Tue, March 19, 2024 at 8:05 PM UTCHamza ShabanStocks rise ahead of Fed decisionInvestors shed earlier losses and embraced optimism on Tuesday as Wall Street prepared for the Federal Reserve's next policy announcement scheduled for Wednesday afternoon.The S&P 500 (^GSPC) rose close to 0.6%, beating back earlier losses, while the Dow Jones Industrial Average (^DJI) rose 0.8% or more than 300 points. The tech-heavy Nasdaq Composite (^IXIC) increased almost 0.4% as Nvidia (NVDA) shares gained ground after the company announced its new flagship AI processor is expected to shiplater this year. • Tue, March 19, 2024 at 7:15 PM UTCHamza ShabanMicrosoft hires DeepMind founder to lead new AI shiftThe race for AI market share is also playing out in the hiring of key experts.Microsoft announced on Tuesdaythat DeepMind co-founder Mustafa Suleyman is joining the tech giant to form a new organization called Microsoft AI, focused on advancing Copilot and other consumer AI products and research. Several employees from Suleyman's AI startup Inflection are also heading over to Microsoft, as well as Karén Simonyan, co-founder and chief scientist.Suleyman will serve as CEO of the new group, said Microsoft CEO Satya Nadella. In addition, the company's existing AI units will report to Suleyman, bringing the groups that run Copilot, Bing, and Edge, as well as Microsoft's GenAI team, into the same organization."These teams are at the vanguard of innovation at Microsoft, bringing a new entrant energy and ethos, to a changing consumer product landscape driven by the AI platform shift," Nadella said in a note to employees that was published on the company's blog.The move comes as tech giants are scrambling to advance their AI efforts through new products, research efforts, and partnerships.Microsoft's hiring announcement arrivesamid reportsthat Apple (AAPL) is in talks with Alphabet's Google (GOOG,GOOGL)to potentially incorporate Google's "Gemini" generative AI engine into its iPhones.Apple had previously engaged in talks with OpenAI for a similar potential partnership.In the note to staff, Nadella said the company's AI innovation continues to build on its "most strategic and important partnership with OpenAI." • Tue, March 19, 2024 at 6:30 PM UTCHamza ShabanThe effort to ban TikTok faces potential 'graveyard' in SenateAfter aHouse voteto advance legislation that would force TikTok’s Chinese owner to sell the app or face a US ban, the Senate now stands as the next hurdle in Congress's fight against the platform.But asYahoo Finance's Ben Werschkul reports, the Senate often becomes a key stumbling block in Washington's efforts to confront Big Tech.A possible ban of the popular social media app is atop the Senate’s agenda as lawmakers return to the nation's capital this week.While bipartisan energy behind any effort to take on China could overwhelm efforts to slow the bill, there are also significant legal issues that senators may not be keen to overlook.What's more, the Senate in past years has served as a flashing red light to other technology reforms that found bipartisan enthusiasm in the House, including data privacy efforts and a move to prohibit tech giants from favoring their own products. • Tue, March 19, 2024 at 5:48 PM UTCJosh SchaferMore investors see the possibility of a 'no landing' scenarioWhile marketshave scaled backprojections for interest rate cuts this year— andcould possibly price in even fewer cutsafter the Federal Reserve provides its latest update on monetary policy Tuesday — investors still see the same ending to the Fed's rate hiking cycle.In Bank of America's March Global Fund Manager Survey, 62% of respondents said the most likely outcome for the global economy is a "soft landing." Typically, this would mean inflation retreats to the long-term target range without an outright economic downturn.Notably, the 62% projecting a soft landing is lowest level of conviction seen since October (the most recent bottom in US equity markets). But, as seen in the chart below, this isn't because more investors fear a "hard landing," which would bring recession.Instead, anincreasing amount of investorssee the possibility for a "no landing" scenario, where the economy sees both above-trend economic growth and above-trend inflation.This reflectsthe new growing consensusthat any expectations for an economic downturn have gone by the wayside. This, stock market bulls have argued, is the key takeaway on the shifting economic story to start 2024."What really counts is this resilience that we're seeing in consumer and business and in terms of the jobs numbers," Oppenheimer chief investment strategist John Stoltzfustold Yahoo Finance Live. • Tue, March 19, 2024 at 5:15 PM UTCHamza ShabanStocks trending in afternoon tradingHere are some of the stocks leading Yahoo Finance’strending tickerspage during afternoon trading on Tuesday:Nordstrom (JWM): Shares of the retailer jumped more than 11% Tuesday afterReuters reportedthe company's founding family is seeking to take the US department store private, citing people familiar with the matter.Advanced Micro Devices (AMD):The semiconductor company fell more than 5% in afternoon trading, joining other chip stocks that fell after AI leader Nvidia (NVDA) held its developers conference.Unilever (UL):The consumer goods giant rose 2% to start the trading day after itannounced plans to spin off its ice-\ cream business— which includes Ben & Jerry's, Magnum, and Klondike — and a restructuring plan that could impact 7,500 jobs as part of an effort to save more than $800 million over the next three years.Super Micro Computer (SMCI):Shares of the server manufacturer sank 9% after it said itplans to sell 2 million shares. The company plans to use the roughly $2 billion in proceeds to support operations and boost manufacturing capacity. The stock offering comes as Super Micro's shares have skyrocketed this year, more than tripling on the demand for AI technology. • Tue, March 19, 2024 at 4:31 PM UTCHamza ShabanStocks turn positive in afternoon tradingInvestors shifted directions Tuesday afternoon and sent all three major indexes into green territory as Wall Street braced for the Fed's press conference Wednesday and the next indication of where interest rate policy is headed.The S&P 500 (^GSPC) rose 0.2%, beating back earlier losses, while the Dow Jones Industrial Average (^DJI) rose 0.6% or more than 200 points, coming off awinning day for the major gauges. The tech-heavy Nasdaq Composite (^IXIC) climbed just over the flatline after trading in the red earlier in the day. • Tue, March 19, 2024 at 3:45 PM UTCHamza ShabanJapan ends era of negative ratesThe world's last remaining negative interest wait is no more after the Bank of Japan, the final major holdout,put an end to an aggressive monetary stimulus programdesigned to pull the economy out of a slump.Japan's central bank on Tuesday ended its negative policy rate of minus 0.1% and replaced it with a target range of 0.0-0.1%. The hike, the first in 17 years,marks an end of an erain which major central banks engaged in an unconventional experiment in the aftermath of the global financial crisis to fuel growth.The long-held interest rate policy, along with other measures to inject money into the economy, “have fulfilled their roles,”said Bank of Japan Gov. Kazuo Ueda.In contrast to the US Federal Reserve, which is expected to begin lowering rates this summer after years of fighting off historic levels of inflation, Japan's central bank has been wrestling with a different problem: the need for growth. Japan suppressed borrowing costs to encourage consumers and businesses to spend, giving the economy a much-needed boost. Inflation has exceeded the Bank of Japan's 2% target for more than a year.Media reports earlier this week indicated the move was coming, muting the impact on the market Tuesday. Tokyo's benchmark Nikkei 225 index gained close to 0.7% on Tuesday while the dollar held at about 150 yen. • Tue, March 19, 2024 at 3:00 PM UTCHamza ShabanHow the realtor settlement could hurt homebuyersThe major realtor lawsuit settlement that may free home sellers from heavy commissions could have a negative impact on a group already beleaguered with higher interest rates and elevated home pricers.Homebuyers, squeezed by lack of inventory, could soon be on the hook for paying agent commissions,reports Yahoo Finance's Rebecca Chen.Under the longstanding system, homeowners lookin... - Reddit Posts (Sample): [['u/SuperSynapse', 'BTC has been retesting ATH continually and will likely break above at some point. Best we can do is test 90% down from ATH on Algorand? Am I missing something?', 41, '2024-04-04 00:28', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/', "I'm continually disappointed by Algorand's performance. We have an awesome chain, world leading tech, but a struggling ecosystem, struggling adoption, struggling devs... What gives? \n\n\nI get bad decisions were made in the past, but what do we have to look forward to in the future?", 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/', '1bv6f2f', [['u/ProfessorAlchemyPay', 20, '2024-04-04 00:41', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxeo88/', 'I hear you. Nothing seems to move the needle. Not sure what it’s going to take to have our breakout moment. And still, I hold…', '1bv6f2f'], ['u/nattewindjes', 12, '2024-04-04 00:45', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxfc2t/', "Algorand is too good for it not to move up, but I'm afraid it's just going to take time. I've lost quite money on it, but I'm just going to hold. :)", '1bv6f2f'], ['u/FluffyNight9930', 42, '2024-04-04 00:46', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxffmu/', 'We 3Xd from the bottom which is nice. Seems like all alts are pretty much holding steady in a similar fashion right now. You’re being dramatic imo and if you’ve been paying attention at all, you’re aware of the road map as well as growing use cases.', '1bv6f2f'], ['u/awesomedash-', 19, '2024-04-04 01:10', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxjcwk/', "Watch ALGO/BTC. It hasn't gone below 350-360 Satoshi recently even when the whole market was weaker which typically means relatively weaker altcoins. There are not that many sellers except the market maker and AT/AF. It doesn't take that much to push the price down or up because of relatively low liquidity in order books. Based on what I'm seeing the price doesn't tell the truth. There is a big accumulation going on. A good strategy is to focus on the adoption (chaintrail.io/dapps, chaintrail.io/rwa) and DCA when price dips.", '1bv6f2f'], ['u/daleDentin23', 12, '2024-04-04 01:16', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxkdlk/', "Buy more that's what I'm doing. As far as stroking your money ego look at usage by number of wallets. At least 1 of the programs are showing algo in top 5 granted that same one has tron as #1 which made me question the data. But regardless as it stands algorand eco system are showing great signs of stability and scale", '1bv6f2f'], ['u/Accomplished_Fact364', 12, '2024-04-04 01:21', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxl8rl/', 'Well...in 6 months we are gonna hear "man I wish I could\'ve gotten in at $0.20-$0.25\n\nCreate a thesis and stick with it. Revise it as things change FUNDAMENTALLY not based on the next sol casino pump.', '1bv6f2f'], ['u/Certain_Cranberry_77', 10, '2024-04-04 01:37', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxnu26/', '60 th in MC. Its going backwards. Yes, you are missing something. You are missing gains. You are missing the moon.', '1bv6f2f'], ['u/T-Shurts', 54, '2024-04-04 01:39', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxo66h/', 'Does everyone forget that this is a new industry and the REAL money will be made when there’s true adoption and use? \n\nAlgorand is ACTUALLY used, even before the rest of the projects out there. It’s not theoretical, it’s no niche (Defi, gaming, nft, etc) type tech. \n\nInstitutional interest is just now happening. With Algorand being actively used by global corporations, it’s setting itself up to EXPLODE long term. \n\nI’m here for the roller coaster ride, and eventual take off. Be patient my fellow Algonaugt. It will have its day.', '1bv6f2f'], ['u/GhostOfMcAfee', 50, '2024-04-04 02:29', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxw4vd/', 'Maybe, just maybe, it\'s because people post shit like this FUDing their own bags on a day when the news preceding it was :\n\na) ICP and Algorand interoperability unlocked\n\nb) Huge boosts in on chain traffic from an cross chain DEX\n\nc) Wormhole token airdrop is ongoing\n\nd) CompX token drop coming soon \n\ne) Top 5 in daily active addresses\n\n&#x200B;\n\nThere is a fundamental attitude problem with a lot of people who just hold the Algorand coin and little else. There are far too many people with a sour ass attitude who do nothing, expect everything handed to them, don\'t participate in the ecosystem in any way, lament lack of liquidity but won\'t provide any, want stuff but don\'t want to pay for it, cry about the foundation but probably don\'t have an account on the Forum much less participate there, and don\'t involve themselves in anything other than collecting rewards every 3 months and yet never fail to miss a chance to go "boohoo why isn\'t anyone buying my bags."\n\n&#x200B;\n\nForgive my harsh tone, but seriously, what do you think you are accomplishing here with this pity party?', '1bv6f2f'], ['u/hypercosm_dot_net', 11, '2024-04-04 04:00', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxyaasy/', "Well said. People watching solely short term price aren't paying attention to any of that. \n\nThese type of posts are where all the 'dead chain' folks come to post, because they don't know any of the growth or usage happening.", '1bv6f2f']]], ['u/badspendinghabit', 'What is “BTC” referring to in this title for the IVV etf?', 10, '2024-04-04 00:48', 'https://www.reddit.com/r/Wealthsimple/comments/1bv6w25/what_is_btc_referring_to_in_this_title_for_the/', 'A lot of etfs on Wealthsimple have “Btc” listed with the name but when you go to underlying ETF, such as IVV, it has nothing to do with Bitcoin and instead tracks the S&P 500?', 'https://i.redd.it/wa9si9tkfcsc1.jpeg', '1bv6w25', [['u/rmcintyrm', 16, '2024-04-04 01:50', 'https://www.reddit.com/r/Wealthsimple/comments/1bv6w25/what_is_btc_referring_to_in_this_title_for_the/kxxpyz9/', "I've wondered this too OP and it's basically not Google-able with the prevalence of Bitcoin. Chat GPT seems to have figured it out though!\n\nhttps://preview.redd.it/erg580aqqcsc1.png?width=863&format=pjpg&auto=webp&s=904391c8cda31e9a3f7d5242723f7b363ee24c07", '1bv6w25']]], ['u/Kingcoreythefirst', 'Halving complete. Enter Accumulation Period', 31, '2024-04-04 01:15', 'https://www.reddit.com/r/Bitcoincash/comments/1bv7jz6/halving_complete_enter_accumulation_period/', 'The next few months you should be doing nothing other than acquiring as many BCH & BTC as possible . This period will be followed by a parabolic run 🚀 peaking in 2025.', 'https://www.reddit.com/r/Bitcoincash/comments/1bv7jz6/halving_complete_enter_accumulation_period/', '1bv7jz6', [['u/Kingcoreythefirst', 10, '2024-04-04 01:19', 'https://www.reddit.com/r/Bitcoincash/comments/1bv7jz6/halving_complete_enter_accumulation_period/kxxkudg/', 'I’ve been doing the same thing since 2013 it’s a rinse and repeat cycle every 4 years 2012-2013 , 2016-2017 2020-2021 … 2024-2025 .The charts never lie. Following the halving you have a sideways period for a few months before supply shock kicks in and media frenzy and you get the parabolic run.', '1bv7jz6'], ['u/Kingcoreythefirst', 10, '2024-04-04 01:20', 'https://www.reddit.com/r/Bitcoincash/comments/1bv7jz6/halving_complete_enter_accumulation_period/kxxkzwe/', 'It’s more of a sideways movement could be slight increase or decrease. But nothing major . And then BOOM you’re on mars', '1bv7jz6']]], ['u/Holster72', 'The government is paying for my Bitcoin', 303, '2024-04-04 02:09', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/', 'First VA checks started rolling. Appreciate it Uncle Sam!\n\nI know I shorted myself, I’ll make it up next time.\n\nAlso, check picture is edited, then screen shot and colored on again, so no scamming me.', 'https://www.reddit.com/gallery/1bv8ug8', '1bv8ug8', [['u/SmoothGoing', 19, '2024-04-04 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/kxxwfxo/', 'Gov does not have its own money, so..', '1bv8ug8'], ['u/FatterWildcatter', 29, '2024-04-04 02:34', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/kxxwwa5/', 'Thank you for your service.', '1bv8ug8'], ['u/Holster72', 14, '2024-04-04 02:35', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/kxxx4ee/', 'Well they are going to steal from us and print more anyway, so I might as well steal it back. Even though it’s not stealing, just getting back what they owe me. Contracts go both ways, I did my part, time for them to do theirs.', '1bv8ug8'], ['u/danielllegover', 10, '2024-04-04 02:38', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/kxxxmjw/', 'I think you should blur out your account and routing number as well', '1bv8ug8'], ['u/1quickmr', 91, '2024-04-04 02:43', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/kxxybiz/', 'Shitcoin for a Bitcoin', '1bv8ug8'], ['u/Holster72', 24, '2024-04-04 02:47', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/kxxz27x/', 'Bars', '1bv8ug8']]], ['u/Grouchy_Phase_3875', 'How to access my brother’s portfolio?', 48, '2024-04-04 02:... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73
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:** ['By Herbert Lash and Amanda Cooper\nNEW YORK/LONDON (Reuters) - Global shares and bond yields meandered on Wednesday after data showed U.S. services industry growth eased further in March, suggesting inflation is slowing, but not enough for the Federal Reserve to say when interest rate cuts can begin.\nThe U.S. central bank had been expected to start cutting rates as early as June, but robust economic data boosted Treasury yields this week to multi-month highs as many in the market questioned that timetable.\nFed chief Jerome Powell said policy makers largely agree lower rates will be appropriate "at some point this year," but only after they "have greater confidence that inflation is moving sustainably down" toward the 2% target.\nStocks initially fell after the ADP National Employment Report said private payrolls increased by 184,000 jobs in March, indicating a strong economy. The report also showed the median wage for workers switching jobs jumped 10% on an annual basis after increasing 7.6% in February, a bad sign for inflation.\nBut the Institute for Supply Management (ISM) survey for the U.S. services industry showed a measure of prices businesses paid for inputs fell to a four-year low, a good inflation sign.\nMSCI\'s gauge of global stock performance closed up 0.1%, while bond yields retreated. The benchmark 10-year Treasury note\'s yield fell 1.6 basis points to 4.349% after hitting a four-month high of 4.429%.\nSurvey data such as ISM\'s have been less useful in gauging the economy than gross domestic product, employment and even retail sales numbers, said Joe LaVorgna, chief U.S. economist at SMBC Nikko Securities in New York.\n"One of the problems is that the survey data have not been particularly accurate," he said.\n"I\'m not sure the equity market\'s reacting to any specific set of data at this point. It just seems to be a constant inflow (of investment) as the market keeps getting excited. One about AI and secondly about the prospects of an Immaculate landing."\nThe pan-European STOXX 600 index rose 0.29%, as the ISM data cheered European investors. On Wall Street, the S&P 500 gained 0.11% and the Nasdaq Composite added 0.23%, but the Dow Jones Industrial Average fell 0.11%.\nThe Fed should not cut its benchmark rate until year\'s end, Atlanta Fed President Raphael Bostic told broadcaster CNBC, maintaining his view that policymakers should reduce borrowing costs only once in 2024.\nThe dollar index held near its highest level in more than four months, pinning the yen close to its lowest in decades, though the increased threat of currency intervention by Tokyo capped further declines in the Japanese currency.\nThe dollar index, a measure of the U.S. currency against six major trading partners, fell 0.50%. The dollar rose 0.11% to 151.68 yen.\nOil prices edged higher as investors mulled supply risks stemming from Ukrainian attacks on Russian refineries and the potential for escalation in the Middle East conflict, while OPEC+ ministers held steady their output policy.\nU.S. crude settled up 28 cents at $85.43 a barrel, while Brent rose 43 cents to settle at $89.35 a barrel.\nGold prices raced to a record high yet again. U.S. gold futures settled 1.5% higher at $2,315 an ounce.\nBitcoin rose 0.21% to at $65,801.00.\n(This story has been refiled to restore the missing word \'shares\' and change \'rates\' to \'rate,\' in paragraph 1)\n(Additional reporting by Stella Qiu in Sydney. Editing by Sam Holmes, Bernadette Baum, Gareth Jones, Richard Chang and David Gregorio)', 'By Herbert Lash and Amanda Cooper\nNEW YORK/LONDON (Reuters) - Global shares and bond yields meandered on Wednesday after data showed U.S. services industry growth eased further in March, suggesting inflation is slowing, but not enough for the Federal Reserve to say when interest rate cuts can begin.\nThe U.S. central bank had been expected to start cutting rates as early as June, but robust economic data boosted Treasury yields this week to multi-month highs as many in the market questioned that timetable.\nFed chief Jerome Powell said policy makers largely agree lower rates will be appropriate "at some point this year," but only after they "have greater confidence that inflation is moving sustainably down" toward the 2% target.\nStocks initially fell after the ADP National Employment Report said private payrolls increased by 184,000 jobs in March, indicating a strong economy. The report also showed the median wage for workers switching jobs jumped 10% on an annual basis after increasing 7.6% in February, a bad sign for inflation.\nBut the Institute for Supply Management (ISM) survey for the U.S. services industry showed a measure of prices businesses paid for inputs fell to a four-year low, a good inflation sign.\nMSCI\'s gauge of global stock performance closed up 0.1%, while bond yields retreated. The benchmark 10-year Treasury note\'s yield fell 1.6 basis points to 4.349% after hitting a four-month high of 4.429%.\nSurvey data such as ISM\'s have been less useful in gauging the economy than gross domestic product, employment and even retail sales numbers, said Joe LaVorgna, chief U.S. economist at SMBC Nikko Securities in New York.\n"One of the problems is that the survey data have not been particularly accurate," he said.\n"I\'m not sure the equity market\'s reacting to any specific set of data at this point. It just seems to be a constant inflow (of investment) as the market keeps getting excited. One about AI and secondly about the prospects of an Immaculate landing."\nThe pan-European STOXX 600 index rose 0.29%, as the ISM data cheered European investors. On Wall Street, the S&P 500 gained 0.11% and the Nasdaq Composite added 0.23%, but the Dow Jones Industrial Average fell 0.11%.\nThe Fed should not cut its benchmark rate until year\'s end, Atlanta Fed President Raphael Bostic told broadcaster CNBC, maintaining his view that policymakers should reduce borrowing costs only once in 2024.\nThe dollar index held near its highest level in more than four months, pinning the yen close to its lowest in decades, though the increased threat of currency intervention by Tokyo capped further declines in the Japanese currency.\nThe dollar index, a measure of the U.S. currency against six major trading partners, fell 0.50%. The dollar rose 0.11% to 151.68 yen.\nOil prices edged higher as investors mulled supply risks stemming from Ukrainian attacks on Russian refineries and the potential for escalation in the Middle East conflict, while OPEC+ ministers held steady their output policy.\nU.S. crude settled up 28 cents at $85.43 a barrel, while Brent rose 43 cents to settle at $89.35 a barrel.\nGold prices raced to a record high yet again. U.S. gold futures settled 1.5% higher at $2,315 an ounce.\nBitcoin rose 0.21% to at $65,801.00.\n(This story has been refiled to restore the missing word \'shares\' and change \'rates\' to \'rate,\' in paragraph 1)\n(Additional reporting by Stella Qiu in Sydney. Editing by Sam Holmes, Bernadette Baum, Gareth Jones, Richard Chang and David Gregorio)', 'Toronto, Ontario--(Newsfile Corp. - April 3, 2024) - Bluesky Digital Assets Corp., (CSE: BTC), (OTCQB: BTCWF), ("Bluesky" or the "Corporation") announced today that it had entered into an agreement where the Corporation will pay back the $100,000 CAD loan that was advanced to the Corporation via the $300,000 CAD credit facility agreement the Corporation announced it had entered into, via press release, back on February 22, 2024. The Corporation will settle the outstanding loan amount via the issuance of 3,333,333 Common Shares at a price of $0.03 CAD per Common Share. The Corporation also announced today that it will also settle an aggregate of $50,000 CAD of secured debt owed to a creditor via the issuance of an aggregate 1,666,667 Common Shares at a price of $0.03 CAD per Common Share. The debt settlement will assist the Corporation in preserving its cash for working capital and to further advance its AI endeavors. The issuance of the 5,000,000 Common Shares will not result in a change of control of the Corporation.\nAbout Bluesky Digital Assets Corp.\nBluesky Digital Assets Corp, has created a high value digital enterprise at the intersection of Artificial Intelligence, Blockchain and Web3 business solutions. Leveraging its success as an early adopter providing proprietary technology solutions, Bluesky has invested in its Roadmap. Bluesky\'s platform, BlueskyINTEL, is well positioned to leverage the current exponential growth of Artificial Intelligence ("AI") and Blockchain based technologies through a tightly focus built collaborative platform. This innovative web platform offering supports and better enables businesses to adopt and utilize these emerging and developing technologies.\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 b **Last 60 Days of Bitcoin's Closing Prices:** [42583.58, 42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-04 **Financial & Commodity Data:** - Gold Closing Price: $2288.80 - Crude Oil Closing Price: $86.59 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,300,892,251,838 - Hash Rate: 570252632.2758324 - Transaction Count: 320607.0 - Unique Addresses: 655509.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Wall Street closed the trading session on a high note Tuesday, as investors braced for the results of a crucial Federal Reserve policy meeting. The S&P 500 (^GSPC) rose close to 0.6%, beating back earlier losses to close at a fresh record high of 5,178.51. Meanwhile, the Dow Jones Industrial Average (^DJI) rose 0.8%, or more than 300 points. The tech-heavy Nasdaq Composite (^IXIC) increased almost 0.4% as Nvidia (NVDA) shares gained ground in the wake ofAI updatesfrom its annual developer conference. The gains capped a second-straightwinning day for the major gauges. Attention is firmly on theFed's two-day meetingthat began Tuesday morning, seen as a test forstocks bruisedby recentinflation surprisesthat undermined bets on interest-rate cuts coming soon. With policymakers widely expected to keep rates at their historic highs, thefocus is on the "dot plot"for any clues to the number and timing of any cuts this year. The central bank's policy decision is due Wednesday at 2 p.m. ET. Meanwhile, the Bank of Japanended its era of negative rateswith its first hike in 17 years, making a splash in a weekpacked with central bank decisions. In cryptocurrencies, bitcoin (BTC-USD) continued to pull back from its recent record high,falling over 5%at one point. Shares of crypto-linked companies Coinbase (COIN) and Marathon Digital (MARA) lost ground alongside the token. On the corporate front, shares of Unilever (UL) popped after the Ben & Jerry's maker said it would cut jobs andspin off its ice cream unit. • Tue, March 19, 2024 at 8:05 PM UTCHamza ShabanStocks rise ahead of Fed decisionInvestors shed earlier losses and embraced optimism on Tuesday as Wall Street prepared for the Federal Reserve's next policy announcement scheduled for Wednesday afternoon.The S&P 500 (^GSPC) rose close to 0.6%, beating back earlier losses, while the Dow Jones Industrial Average (^DJI) rose 0.8% or more than 300 points. The tech-heavy Nasdaq Composite (^IXIC) increased almost 0.4% as Nvidia (NVDA) shares gained ground after the company announced its new flagship AI processor is expected to shiplater this year. • Tue, March 19, 2024 at 7:15 PM UTCHamza ShabanMicrosoft hires DeepMind founder to lead new AI shiftThe race for AI market share is also playing out in the hiring of key experts.Microsoft announced on Tuesdaythat DeepMind co-founder Mustafa Suleyman is joining the tech giant to form a new organization called Microsoft AI, focused on advancing Copilot and other consumer AI products and research. Several employees from Suleyman's AI startup Inflection are also heading over to Microsoft, as well as Karén Simonyan, co-founder and chief scientist.Suleyman will serve as CEO of the new group, said Microsoft CEO Satya Nadella. In addition, the company's existing AI units will report to Suleyman, bringing the groups that run Copilot, Bing, and Edge, as well as Microsoft's GenAI team, into the same organization."These teams are at the vanguard of innovation at Microsoft, bringing a new entrant energy and ethos, to a changing consumer product landscape driven by the AI platform shift," Nadella said in a note to employees that was published on the company's blog.The move comes as tech giants are scrambling to advance their AI efforts through new products, research efforts, and partnerships.Microsoft's hiring announcement arrivesamid reportsthat Apple (AAPL) is in talks with Alphabet's Google (GOOG,GOOGL)to potentially incorporate Google's "Gemini" generative AI engine into its iPhones.Apple had previously engaged in talks with OpenAI for a similar potential partnership.In the note to staff, Nadella said the company's AI innovation continues to build on its "most strategic and important partnership with OpenAI." • Tue, March 19, 2024 at 6:30 PM UTCHamza ShabanThe effort to ban TikTok faces potential 'graveyard' in SenateAfter aHouse voteto advance legislation that would force TikTok’s Chinese owner to sell the app or face a US ban, the Senate now stands as the next hurdle in Congress's fight against the platform.But asYahoo Finance's Ben Werschkul reports, the Senate often becomes a key stumbling block in Washington's efforts to confront Big Tech.A possible ban of the popular social media app is atop the Senate’s agenda as lawmakers return to the nation's capital this week.While bipartisan energy behind any effort to take on China could overwhelm efforts to slow the bill, there are also significant legal issues that senators may not be keen to overlook.What's more, the Senate in past years has served as a flashing red light to other technology reforms that found bipartisan enthusiasm in the House, including data privacy efforts and a move to prohibit tech giants from favoring their own products. • Tue, March 19, 2024 at 5:48 PM UTCJosh SchaferMore investors see the possibility of a 'no landing' scenarioWhile marketshave scaled backprojections for interest rate cuts this year— andcould possibly price in even fewer cutsafter the Federal Reserve provides its latest update on monetary policy Tuesday — investors still see the same ending to the Fed's rate hiking cycle.In Bank of America's March Global Fund Manager Survey, 62% of respondents said the most likely outcome for the global economy is a "soft landing." Typically, this would mean inflation retreats to the long-term target range without an outright economic downturn.Notably, the 62% projecting a soft landing is lowest level of conviction seen since October (the most recent bottom in US equity markets). But, as seen in the chart below, this isn't because more investors fear a "hard landing," which would bring recession.Instead, anincreasing amount of investorssee the possibility for a "no landing" scenario, where the economy sees both above-trend economic growth and above-trend inflation.This reflectsthe new growing consensusthat any expectations for an economic downturn have gone by the wayside. This, stock market bulls have argued, is the key takeaway on the shifting economic story to start 2024."What really counts is this resilience that we're seeing in consumer and business and in terms of the jobs numbers," Oppenheimer chief investment strategist John Stoltzfustold Yahoo Finance Live. • Tue, March 19, 2024 at 5:15 PM UTCHamza ShabanStocks trending in afternoon tradingHere are some of the stocks leading Yahoo Finance’strending tickerspage during afternoon trading on Tuesday:Nordstrom (JWM): Shares of the retailer jumped more than 11% Tuesday afterReuters reportedthe company's founding family is seeking to take the US department store private, citing people familiar with the matter.Advanced Micro Devices (AMD):The semiconductor company fell more than 5% in afternoon trading, joining other chip stocks that fell after AI leader Nvidia (NVDA) held its developers conference.Unilever (UL):The consumer goods giant rose 2% to start the trading day after itannounced plans to spin off its ice-\ cream business— which includes Ben & Jerry's, Magnum, and Klondike — and a restructuring plan that could impact 7,500 jobs as part of an effort to save more than $800 million over the next three years.Super Micro Computer (SMCI):Shares of the server manufacturer sank 9% after it said itplans to sell 2 million shares. The company plans to use the roughly $2 billion in proceeds to support operations and boost manufacturing capacity. The stock offering comes as Super Micro's shares have skyrocketed this year, more than tripling on the demand for AI technology. • Tue, March 19, 2024 at 4:31 PM UTCHamza ShabanStocks turn positive in afternoon tradingInvestors shifted directions Tuesday afternoon and sent all three major indexes into green territory as Wall Street braced for the Fed's press conference Wednesday and the next indication of where interest rate policy is headed.The S&P 500 (^GSPC) rose 0.2%, beating back earlier losses, while the Dow Jones Industrial Average (^DJI) rose 0.6% or more than 200 points, coming off awinning day for the major gauges. The tech-heavy Nasdaq Composite (^IXIC) climbed just over the flatline after trading in the red earlier in the day. • Tue, March 19, 2024 at 3:45 PM UTCHamza ShabanJapan ends era of negative ratesThe world's last remaining negative interest wait is no more after the Bank of Japan, the final major holdout,put an end to an aggressive monetary stimulus programdesigned to pull the economy out of a slump.Japan's central bank on Tuesday ended its negative policy rate of minus 0.1% and replaced it with a target range of 0.0-0.1%. The hike, the first in 17 years,marks an end of an erain which major central banks engaged in an unconventional experiment in the aftermath of the global financial crisis to fuel growth.The long-held interest rate policy, along with other measures to inject money into the economy, “have fulfilled their roles,”said Bank of Japan Gov. Kazuo Ueda.In contrast to the US Federal Reserve, which is expected to begin lowering rates this summer after years of fighting off historic levels of inflation, Japan's central bank has been wrestling with a different problem: the need for growth. Japan suppressed borrowing costs to encourage consumers and businesses to spend, giving the economy a much-needed boost. Inflation has exceeded the Bank of Japan's 2% target for more than a year.Media reports earlier this week indicated the move was coming, muting the impact on the market Tuesday. Tokyo's benchmark Nikkei 225 index gained close to 0.7% on Tuesday while the dollar held at about 150 yen. • Tue, March 19, 2024 at 3:00 PM UTCHamza ShabanHow the realtor settlement could hurt homebuyersThe major realtor lawsuit settlement that may free home sellers from heavy commissions could have a negative impact on a group already beleaguered with higher interest rates and elevated home pricers.Homebuyers, squeezed by lack of inventory, could soon be on the hook for paying agent commissions,reports Yahoo Finance's Rebecca Chen.Under the longstanding system, homeowners lookin... - Reddit Posts (Sample): [['u/SuperSynapse', 'BTC has been retesting ATH continually and will likely break above at some point. Best we can do is test 90% down from ATH on Algorand? Am I missing something?', 41, '2024-04-04 00:28', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/', "I'm continually disappointed by Algorand's performance. We have an awesome chain, world leading tech, but a struggling ecosystem, struggling adoption, struggling devs... What gives? \n\n\nI get bad decisions were made in the past, but what do we have to look forward to in the future?", 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/', '1bv6f2f', [['u/ProfessorAlchemyPay', 20, '2024-04-04 00:41', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxeo88/', 'I hear you. Nothing seems to move the needle. Not sure what it’s going to take to have our breakout moment. And still, I hold…', '1bv6f2f'], ['u/nattewindjes', 12, '2024-04-04 00:45', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxfc2t/', "Algorand is too good for it not to move up, but I'm afraid it's just going to take time. I've lost quite money on it, but I'm just going to hold. :)", '1bv6f2f'], ['u/FluffyNight9930', 42, '2024-04-04 00:46', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxffmu/', 'We 3Xd from the bottom which is nice. Seems like all alts are pretty much holding steady in a similar fashion right now. You’re being dramatic imo and if you’ve been paying attention at all, you’re aware of the road map as well as growing use cases.', '1bv6f2f'], ['u/awesomedash-', 19, '2024-04-04 01:10', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxjcwk/', "Watch ALGO/BTC. It hasn't gone below 350-360 Satoshi recently even when the whole market was weaker which typically means relatively weaker altcoins. There are not that many sellers except the market maker and AT/AF. It doesn't take that much to push the price down or up because of relatively low liquidity in order books. Based on what I'm seeing the price doesn't tell the truth. There is a big accumulation going on. A good strategy is to focus on the adoption (chaintrail.io/dapps, chaintrail.io/rwa) and DCA when price dips.", '1bv6f2f'], ['u/daleDentin23', 12, '2024-04-04 01:16', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxkdlk/', "Buy more that's what I'm doing. As far as stroking your money ego look at usage by number of wallets. At least 1 of the programs are showing algo in top 5 granted that same one has tron as #1 which made me question the data. But regardless as it stands algorand eco system are showing great signs of stability and scale", '1bv6f2f'], ['u/Accomplished_Fact364', 12, '2024-04-04 01:21', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxl8rl/', 'Well...in 6 months we are gonna hear "man I wish I could\'ve gotten in at $0.20-$0.25\n\nCreate a thesis and stick with it. Revise it as things change FUNDAMENTALLY not based on the next sol casino pump.', '1bv6f2f'], ['u/Certain_Cranberry_77', 10, '2024-04-04 01:37', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxnu26/', '60 th in MC. Its going backwards. Yes, you are missing something. You are missing gains. You are missing the moon.', '1bv6f2f'], ['u/T-Shurts', 54, '2024-04-04 01:39', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxo66h/', 'Does everyone forget that this is a new industry and the REAL money will be made when there’s true adoption and use? \n\nAlgorand is ACTUALLY used, even before the rest of the projects out there. It’s not theoretical, it’s no niche (Defi, gaming, nft, etc) type tech. \n\nInstitutional interest is just now happening. With Algorand being actively used by global corporations, it’s setting itself up to EXPLODE long term. \n\nI’m here for the roller coaster ride, and eventual take off. Be patient my fellow Algonaugt. It will have its day.', '1bv6f2f'], ['u/GhostOfMcAfee', 50, '2024-04-04 02:29', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxxw4vd/', 'Maybe, just maybe, it\'s because people post shit like this FUDing their own bags on a day when the news preceding it was :\n\na) ICP and Algorand interoperability unlocked\n\nb) Huge boosts in on chain traffic from an cross chain DEX\n\nc) Wormhole token airdrop is ongoing\n\nd) CompX token drop coming soon \n\ne) Top 5 in daily active addresses\n\n&#x200B;\n\nThere is a fundamental attitude problem with a lot of people who just hold the Algorand coin and little else. There are far too many people with a sour ass attitude who do nothing, expect everything handed to them, don\'t participate in the ecosystem in any way, lament lack of liquidity but won\'t provide any, want stuff but don\'t want to pay for it, cry about the foundation but probably don\'t have an account on the Forum much less participate there, and don\'t involve themselves in anything other than collecting rewards every 3 months and yet never fail to miss a chance to go "boohoo why isn\'t anyone buying my bags."\n\n&#x200B;\n\nForgive my harsh tone, but seriously, what do you think you are accomplishing here with this pity party?', '1bv6f2f'], ['u/hypercosm_dot_net', 11, '2024-04-04 04:00', 'https://www.reddit.com/r/algorand/comments/1bv6f2f/btc_has_been_retesting_ath_continually_and_will/kxyaasy/', "Well said. People watching solely short term price aren't paying attention to any of that. \n\nThese type of posts are where all the 'dead chain' folks come to post, because they don't know any of the growth or usage happening.", '1bv6f2f']]], ['u/badspendinghabit', 'What is “BTC” referring to in this title for the IVV etf?', 10, '2024-04-04 00:48', 'https://www.reddit.com/r/Wealthsimple/comments/1bv6w25/what_is_btc_referring_to_in_this_title_for_the/', 'A lot of etfs on Wealthsimple have “Btc” listed with the name but when you go to underlying ETF, such as IVV, it has nothing to do with Bitcoin and instead tracks the S&P 500?', 'https://i.redd.it/wa9si9tkfcsc1.jpeg', '1bv6w25', [['u/rmcintyrm', 16, '2024-04-04 01:50', 'https://www.reddit.com/r/Wealthsimple/comments/1bv6w25/what_is_btc_referring_to_in_this_title_for_the/kxxpyz9/', "I've wondered this too OP and it's basically not Google-able with the prevalence of Bitcoin. Chat GPT seems to have figured it out though!\n\nhttps://preview.redd.it/erg580aqqcsc1.png?width=863&format=pjpg&auto=webp&s=904391c8cda31e9a3f7d5242723f7b363ee24c07", '1bv6w25']]], ['u/Kingcoreythefirst', 'Halving complete. Enter Accumulation Period', 31, '2024-04-04 01:15', 'https://www.reddit.com/r/Bitcoincash/comments/1bv7jz6/halving_complete_enter_accumulation_period/', 'The next few months you should be doing nothing other than acquiring as many BCH & BTC as possible . This period will be followed by a parabolic run 🚀 peaking in 2025.', 'https://www.reddit.com/r/Bitcoincash/comments/1bv7jz6/halving_complete_enter_accumulation_period/', '1bv7jz6', [['u/Kingcoreythefirst', 10, '2024-04-04 01:19', 'https://www.reddit.com/r/Bitcoincash/comments/1bv7jz6/halving_complete_enter_accumulation_period/kxxkudg/', 'I’ve been doing the same thing since 2013 it’s a rinse and repeat cycle every 4 years 2012-2013 , 2016-2017 2020-2021 … 2024-2025 .The charts never lie. Following the halving you have a sideways period for a few months before supply shock kicks in and media frenzy and you get the parabolic run.', '1bv7jz6'], ['u/Kingcoreythefirst', 10, '2024-04-04 01:20', 'https://www.reddit.com/r/Bitcoincash/comments/1bv7jz6/halving_complete_enter_accumulation_period/kxxkzwe/', 'It’s more of a sideways movement could be slight increase or decrease. But nothing major . And then BOOM you’re on mars', '1bv7jz6']]], ['u/Holster72', 'The government is paying for my Bitcoin', 303, '2024-04-04 02:09', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/', 'First VA checks started rolling. Appreciate it Uncle Sam!\n\nI know I shorted myself, I’ll make it up next time.\n\nAlso, check picture is edited, then screen shot and colored on again, so no scamming me.', 'https://www.reddit.com/gallery/1bv8ug8', '1bv8ug8', [['u/SmoothGoing', 19, '2024-04-04 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/kxxwfxo/', 'Gov does not have its own money, so..', '1bv8ug8'], ['u/FatterWildcatter', 29, '2024-04-04 02:34', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/kxxwwa5/', 'Thank you for your service.', '1bv8ug8'], ['u/Holster72', 14, '2024-04-04 02:35', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/kxxx4ee/', 'Well they are going to steal from us and print more anyway, so I might as well steal it back. Even though it’s not stealing, just getting back what they owe me. Contracts go both ways, I did my part, time for them to do theirs.', '1bv8ug8'], ['u/danielllegover', 10, '2024-04-04 02:38', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/kxxxmjw/', 'I think you should blur out your account and routing number as well', '1bv8ug8'], ['u/1quickmr', 91, '2024-04-04 02:43', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/kxxybiz/', 'Shitcoin for a Bitcoin', '1bv8ug8'], ['u/Holster72', 24, '2024-04-04 02:47', 'https://www.reddit.com/r/Bitcoin/comments/1bv8ug8/the_government_is_paying_for_my_bitcoin/kxxz27x/', 'Bars', '1bv8ug8']]], ['u/Grouchy_Phase_3875', 'How to access my brother’s portfolio?', 48, '2024-04-04 02:... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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 rocketed over the past six months, more than doubling to $68,004 as of Thursday.\nInvestors’ interest in the primary digital currency has exploded with January’s introduction of bitcoin exchange-traded funds, or ETFs, particularly the ones offered by BlackRock and Fidelity Investments.\xa0(To be sure, bitcoin is also off 8% from its record set in mid-March.)\nIn addition, bitcoin is approaching its 21-million-coin supply cap. About 19.7 million bitcoins are currently in circulation.\nRelated: Bitcoin halving for beginners: How the process works, impacts price of BTC\nThe currency is now approaching a“halving” date. That’s when the reward for bitcoin miners gets cut in half.\xa0Mining refers to people who successfully use their computers to participate in bitcoin's blockchain network as transaction processors and validators. They’re creating new blocks on the blockchain and receive rewards for their efforts.\nThe reward for a successful mining expedition drops 50% every four years (halving). This month, it will be lowered to 3.125 bitcoin from 6.25 bitcoin. That means less incentive for miners to create supply, putting upward pressure on the currency.\nPerhaps the strongest factor behind bitcoin’s recent jump is speculative fervor. Bitcoin is used for very little legitimate commerce.\nIt’s essentially a vehicle for speculation that investors can use to bet whether bitcoin’s value will go up or down. No fundamentals dictate its price.\nNote that during bitcoin’s six-month run, dogecoin, established as a joke, has tripled. Dogecoin’s logo is a dog.\nBloomberg/Getty Images\nWhatever the reason for the strength of bitcoin and other digital currencies, it’s all good for Coinbase Global(COIN), the country’s biggest cryptocurrency exchange.\nIts revenue registered $905 million in the fourth quarter, up 50% from a year earlier. Net income registered $273 million, swinging from a loss of $557 million.\nSo it’s no surprise that Coinbase stock has more than tripled in the past six months – to $251 on Thursday. Its share price is almost exactly at its April 2021 IPO price of $250.\nRelated: Cathie Wood snags $53 million of this scorched tech stock\nThe company is spreading its wings, receiving a registration license in Canada this month, which means it can operate there.\nHowever, not everything is rosy in the U.S., where Coinbase has scuffled with the Securities and Exchange Commission.\nIn the latest tussle, a federal judge ruled last month that an SEC lawsuit against the company can proceed.\nThat complaint accusesthe company of facilitating trades of at least 13 cryptocurrencies that should have been registered as securities. The SEC also charges Coinbase with illegally operating as a national securities exchange without registering with the SEC.\nThe company is doing well enough that at least two Wall Street houses have raised their price targets on the stock.\nMore Wall Street Analysts:\n• Analyst unveils Nvidia stock price 'line in the sand'\n• Analyst revamps homebuilder stock price target before Fed rate call\n• Analysts revamp Nvidia price targets as Blackwell tightens AI market grip\nOppenheimer analysts now see Coinbase reaching $276 in the next 12 to 18 months, up sharply from $200 previously. They maintain their outperform rating. The $276 target indicates a 10% upside from current levels.\nThe analysts estimated the company’s trading volume doubled in the first quarter from a year earlier.\nAs for the stock, “at this level of trading, we are cautious about near-term volatility, but remain positive on the long-term adoption of blockchain technology,” they said. “We believe Coinbase can be one of the beneficiaries for this long-term trend.”\nThey also don’t believe the legal battle with the SEC is going away. The regulator has “well-pleaded allegations which plausibly support the claim that Coinbase operated as an unregistered intermediary of securities,” the analysts said.\n“We currently believe that this case will be a long legal battle and will likely go to the Supreme Court to get the final decision.”\nRelated: Analyst revamps MicroStrategy stock price target after Bitcoin buy\nMeanwhile, Keefe, Bruyette & Woods raised Coinbase’s price target to $230 from $160, confirming its market-perform\xa0— effectively neutral\xa0—\xa0rating. The Stifel & Co. subsidiary lifted its earnings estimates, reflecting first-quarter volume, The Fly reports.\nCathie Wood, one of America's most popular money managers, has been selling shares of Coinbase in recent weeks, perhaps taking profits. It's still the second biggest holding in her flagship Ark Innovation ETF(ARKK).\nFor years, she has been an evangelist for cryptocurrencies.\nAnother big bitcoin supporter,\xa0MicroStrategy and its executive chairman, Michael\xa0Saylor, have gone gigantic into the crypto.\xa0In mid-March, the software intelligence company bought 9,245 bitcoin for $623 million.\nRelated: Veteran fund manager picks favorite stocks for 2024", 'SINGAPORE,April 4, 2024/PRNewswire/ --OKX Ventures, the investment arm of leading Web3 technology companyOKX, has issued updates forApril 4, 2024.\nOKX Ventures Invests in UTXO Stack, AcceleratingBitcoin\'s Layer 2 Expansion\nOKX Ventures is proud to announce its participation in the seed funding round of UTXO Stack, a modular BTC Layer 2 blockchain launch platform. The seed round was co-led by ABCDE and SNZ, with OKX Ventures joining other prominent participants such asBitcoinMagazine, Waterdrip Capital, Matrixport, y2z Ventures and DRK Lab.\nUTXO Stack is at the forefront of expanding theBitcoinecosystem by enabling developers to easily initiate BTC Layer 2 solutions based on the UTXO model. The platform is integrated with the RGB++ protocol, enhancing interoperability between BTC and parallel Layer 2s developed on UTXO Stack, eliminating the need for cross-chain bridges. Additionally, it bolsters Layer 2 security through the staking of BTC, CKB and other BTC Layer 1 assets.\nUTXO Stack Founder and RGB++ Protocol Author Cipher said:"With the support from this funding round, UTXO Stack is poised to deliver a scalable UTXO Layer 2 solution for BTC, enhancing seamless interoperability across all blockchains. This investment fuels our capacity to further develop, expand and elevate our offerings."\nOKX Ventures FounderDora Yuesaid:"Our strategic investment in UTXO Stack signifies a strong endorsement of the platform\'s potential to enhance the functionality and scalability ofBitcoin\'s Layer 2 infrastructure."\nTo learn more about UTXO Stack,click here.\nFor further information, please contact:[email protected]\nAbout OKX VenturesOKX Ventures is the investment arm of leadingcryptoexchange and Web3 technology company OKX, with an initial capital commitment ofUSD 100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.\nThrough its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.\nFind out more about OKX Ventureshere.\nDisclaimer\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-ventures-invests-in-utxo-stack-accelerating-bitcoins-layer-2-expansion-302108396.html\nSOURCE OKX Ventures', 'SINGAPORE,April 4, 2024/PRNewswire/ --OKX Ventures, the investment arm of leading Web3 technology companyOKX, has issued updates forApril 4, 2024.\nOKX Ventures Invests in UTXO Stack, AcceleratingBitcoin\'s Layer 2 Expansion\nOKX Ventures is proud to announce its participation in the seed funding round of UTXO Stack, a modular BTC Layer 2 blockchain launch platform. The seed round was co-led by ABCDE and SNZ, with OKX Ventures joining other prominent participants such asBitcoinMagazine, Waterdrip Capital, Matrixport, y2z Ventures and DRK Lab.\nUTXO Stack is at the forefront of expanding theBitcoinecosystem by enabling developers to easily initiate BTC Layer 2 solutions based on the UTXO model. The platform is integrated with the RGB++ protocol, enhancing interoperability between BTC and parallel Layer 2s developed on UTXO Stack, eliminating the need for cross-chain bridges. Additionally, it bolsters Layer 2 security through the staking of BTC, CKB and other BTC Layer 1 assets.\nUTXO Stack Founder and RGB++ Protocol Author Cipher said:"With the support from this funding round, UTXO Stack is poised to deliver a scalable UTXO Layer 2 solution for BTC, enhancing seamless interoperability across all blockchains. This investment fuels our capacity to further develop, expand and elevate our offerings."\nOKX Ventures FounderDora Yuesaid:"Our strategic investment in UTXO Stack signifies a strong endorsement of the platform\'s potential to enhance the functionality and scalability ofBitcoin\'s Layer 2 infrastructure."\nTo learn more about UTXO Stack,click here.\nFor further information, please contact:[email protected]\nAbout OKX VenturesOKX Ventures is the investment arm of leadingcryptoexchange and Web3 technology company OKX, with an initial capital commitment ofUSD 100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.\nThrough its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.\nFind out more about OKX Ventureshere.\nDisclaimer\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-ventures-invests-in **Last 60 Days of Bitcoin's Closing Prices:** [42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-05 **Financial & Commodity Data:** - Gold Closing Price: $2325.70 - Crude Oil Closing Price: $86.91 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,317,449,320,500 - Hash Rate: 611575286.7885739 - Transaction Count: 348637.0 - Unique Addresses: 643705.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • MicroStrategy Inc (NASDAQ:MSTR) showcases a robust enterprise analytics software strategy with innovative AI capabilities. • Strategic partnerships and FedRAMP authorization position MicroStrategy Inc (NASDAQ:MSTR) for growth in diverse sectors. • Volatility in Bitcoin investments and international operational risks present significant challenges for MicroStrategy Inc (NASDAQ:MSTR). • MicroStrategy Inc (NASDAQ:MSTR) faces stiff competition in the rapidly evolving enterprise analytics market. • Warning! GuruFocus has detected 10 Warning Signs with MSTR. MicroStrategy Inc (NASDAQ:MSTR), a leading provider of enterprise analytics and mobility software, filed its annual report on February 15, 2024. The10-Kfiling reveals a company at the forefront of business intelligence, offering a suite of advanced analytics solutions. With a market capitalization of approximately $4.133 billion as of June 30, 2023, and a global workforce of 1,934 employees, MicroStrategy Inc (NASDAQ:MSTR) demonstrates a strong market presence and commitment to innovation. The company's financial performance, as detailed in the filing, reflects its strategic initiatives and investment in Bitcoin, which have influenced its financial results and market price. This SWOT analysis will dissect the strengths, weaknesses, opportunities, and threats as presented in the 10-K filing, providing investors with a comprehensive understanding of MicroStrategy Inc (NASDAQ:MSTR)'s position in the market. Advanced Analytics and AI Capabilities: MicroStrategy Inc (NASDAQ:MSTR) distinguishes itself through its advanced enterprise analytics software strategy, which incorporates AI-powered business intelligence. The company's flagship platform, MicroStrategy ONE, is recognized for powering significant analytics deployments globally. Its Generative AI capabilities automate the deployment of AI-enabled applications, making advanced analytics accessible to non-technical users. This strength is evident in the company's ability to deliver Intelligence Everywhere, positioning MicroStrategy Inc (NASDAQ:MSTR) as a leader in the domain. Strategic Partnerships and Government Authorization: The company's strategic partnerships with major cloud providers and its FedRAMP authorization for the MicroStrategy Cloud for Government service underscore its competitive edge. These alliances and certifications enable MicroStrategy Inc (NASDAQ:MSTR) to meet the stringent security and data protection standards required by government and financial institutions, expanding its market reach and reinforcing its reputation for reliability and compliance. Bitcoin Investment Volatility: MicroStrategy Inc (NASDAQ:MSTR)'s significant investment in Bitcoin introduces financial volatility and risk. The cryptocurrency's price fluctuations have historically impacted the company's financial results and could continue to do so. This exposure to Bitcoin's volatile market poses a potential weakness, as it may affect the company's balance sheet and investor perceptions. International Operational Risks: The company's extensive international operations expose it to risks such as currency exchange fluctuations, regulatory changes, and geopolitical tensions. With a substantial portion of its revenue generated from international sales, MicroStrategy Inc (NASDAQ:MSTR) must navigate these complexities, which could impact its business, operating results, and financial condition. Expansion in Cloud-Based Analytics: The growing demand for cloud-based analytics solutions presents an opportunity for MicroStrategy Inc (NASDAQ:MSTR) to expand its subscription-based offerings. The company's cloud-native architecture, optimized for major hyperscalers, positions it to capitalize on this trend and drive growth in the cloud analytics market. Emerging Markets and New Technologies: MicroStrategy Inc (NASDAQ:MSTR) has the opportunity to leverage its advanced analytics and AI capabilities to penetrate emerging markets and sectors. By continuing to innovate and adapt to new technologies, the company can capture additional market share and address the evolving needs of businesses seeking data-driven insights. Intense Market Competition: The enterprise analytics market is highly competitive, with MicroStrategy Inc (NASDAQ:MSTR) facing challenges from global ISVs such as IBM, Microsoft, Oracle, Salesforce, and SAP. The company must continually innovate and differentiate its offerings to maintain its market position and drive customer demand. Regulatory and Data Privacy Concerns: MicroStrategy Inc (NASDAQ:MSTR) operates in a regulatory environment that is becoming increasingly complex, particularly concerning data privacy and protection. Compliance with evolving laws and regulations, such as the CCPA and CPRA, requires significant resources and could impact the company's operations and relationships with business partners and customers. In conclusion, MicroStrategy Inc (NASDAQ:MSTR) exhibits a strong foundation in enterprise analytics and AI, with strategic partnerships and government certifications bolstering its market position. However, the company must carefully manage the risks associated with its Bitcoin investments and international operations. Opportunities for growth in cloud-based analytics and emerging markets are countered by the threats of intense competition and regulatory challenges. Investors should weigh these factors when considering MicroStrategy Inc (NASDAQ:MSTR) as part of their investment portfolio. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared onGuruFocus.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21
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:** ["Bitcoin has rocketed over the past six months, more than doubling to $68,004 as of Thursday.\nInvestors’ interest in the primary digital currency has exploded with January’s introduction of bitcoin exchange-traded funds, or ETFs, particularly the ones offered by BlackRock and Fidelity Investments.\xa0(To be sure, bitcoin is also off 8% from its record set in mid-March.)\nIn addition, bitcoin is approaching its 21-million-coin supply cap. About 19.7 million bitcoins are currently in circulation.\nRelated: Bitcoin halving for beginners: How the process works, impacts price of BTC\nThe currency is now approaching a“halving” date. That’s when the reward for bitcoin miners gets cut in half.\xa0Mining refers to people who successfully use their computers to participate in bitcoin's blockchain network as transaction processors and validators. They’re creating new blocks on the blockchain and receive rewards for their efforts.\nThe reward for a successful mining expedition drops 50% every four years (halving). This month, it will be lowered to 3.125 bitcoin from 6.25 bitcoin. That means less incentive for miners to create supply, putting upward pressure on the currency.\nPerhaps the strongest factor behind bitcoin’s recent jump is speculative fervor. Bitcoin is used for very little legitimate commerce.\nIt’s essentially a vehicle for speculation that investors can use to bet whether bitcoin’s value will go up or down. No fundamentals dictate its price.\nNote that during bitcoin’s six-month run, dogecoin, established as a joke, has tripled. Dogecoin’s logo is a dog.\nBloomberg/Getty Images\nWhatever the reason for the strength of bitcoin and other digital currencies, it’s all good for Coinbase Global(COIN), the country’s biggest cryptocurrency exchange.\nIts revenue registered $905 million in the fourth quarter, up 50% from a year earlier. Net income registered $273 million, swinging from a loss of $557 million.\nSo it’s no surprise that Coinbase stock has more than tripled in the past six months – to $251 on Thursday. Its share price is almost exactly at its April 2021 IPO price of $250.\nRelated: Cathie Wood snags $53 million of this scorched tech stock\nThe company is spreading its wings, receiving a registration license in Canada this month, which means it can operate there.\nHowever, not everything is rosy in the U.S., where Coinbase has scuffled with the Securities and Exchange Commission.\nIn the latest tussle, a federal judge ruled last month that an SEC lawsuit against the company can proceed.\nThat complaint accusesthe company of facilitating trades of at least 13 cryptocurrencies that should have been registered as securities. The SEC also charges Coinbase with illegally operating as a national securities exchange without registering with the SEC.\nThe company is doing well enough that at least two Wall Street houses have raised their price targets on the stock.\nMore Wall Street Analysts:\n• Analyst unveils Nvidia stock price 'line in the sand'\n• Analyst revamps homebuilder stock price target before Fed rate call\n• Analysts revamp Nvidia price targets as Blackwell tightens AI market grip\nOppenheimer analysts now see Coinbase reaching $276 in the next 12 to 18 months, up sharply from $200 previously. They maintain their outperform rating. The $276 target indicates a 10% upside from current levels.\nThe analysts estimated the company’s trading volume doubled in the first quarter from a year earlier.\nAs for the stock, “at this level of trading, we are cautious about near-term volatility, but remain positive on the long-term adoption of blockchain technology,” they said. “We believe Coinbase can be one of the beneficiaries for this long-term trend.”\nThey also don’t believe the legal battle with the SEC is going away. The regulator has “well-pleaded allegations which plausibly support the claim that Coinbase operated as an unregistered intermediary of securities,” the analysts said.\n“We currently believe that this case will be a long legal battle and will likely go to the Supreme Court to get the final decision.”\nRelated: Analyst revamps MicroStrategy stock price target after Bitcoin buy\nMeanwhile, Keefe, Bruyette & Woods raised Coinbase’s price target to $230 from $160, confirming its market-perform\xa0— effectively neutral\xa0—\xa0rating. The Stifel & Co. subsidiary lifted its earnings estimates, reflecting first-quarter volume, The Fly reports.\nCathie Wood, one of America's most popular money managers, has been selling shares of Coinbase in recent weeks, perhaps taking profits. It's still the second biggest holding in her flagship Ark Innovation ETF(ARKK).\nFor years, she has been an evangelist for cryptocurrencies.\nAnother big bitcoin supporter,\xa0MicroStrategy and its executive chairman, Michael\xa0Saylor, have gone gigantic into the crypto.\xa0In mid-March, the software intelligence company bought 9,245 bitcoin for $623 million.\nRelated: Veteran fund manager picks favorite stocks for 2024", 'SINGAPORE,April 4, 2024/PRNewswire/ --OKX Ventures, the investment arm of leading Web3 technology companyOKX, has issued updates forApril 4, 2024.\nOKX Ventures Invests in UTXO Stack, AcceleratingBitcoin\'s Layer 2 Expansion\nOKX Ventures is proud to announce its participation in the seed funding round of UTXO Stack, a modular BTC Layer 2 blockchain launch platform. The seed round was co-led by ABCDE and SNZ, with OKX Ventures joining other prominent participants such asBitcoinMagazine, Waterdrip Capital, Matrixport, y2z Ventures and DRK Lab.\nUTXO Stack is at the forefront of expanding theBitcoinecosystem by enabling developers to easily initiate BTC Layer 2 solutions based on the UTXO model. The platform is integrated with the RGB++ protocol, enhancing interoperability between BTC and parallel Layer 2s developed on UTXO Stack, eliminating the need for cross-chain bridges. Additionally, it bolsters Layer 2 security through the staking of BTC, CKB and other BTC Layer 1 assets.\nUTXO Stack Founder and RGB++ Protocol Author Cipher said:"With the support from this funding round, UTXO Stack is poised to deliver a scalable UTXO Layer 2 solution for BTC, enhancing seamless interoperability across all blockchains. This investment fuels our capacity to further develop, expand and elevate our offerings."\nOKX Ventures FounderDora Yuesaid:"Our strategic investment in UTXO Stack signifies a strong endorsement of the platform\'s potential to enhance the functionality and scalability ofBitcoin\'s Layer 2 infrastructure."\nTo learn more about UTXO Stack,click here.\nFor further information, please contact:[email protected]\nAbout OKX VenturesOKX Ventures is the investment arm of leadingcryptoexchange and Web3 technology company OKX, with an initial capital commitment ofUSD 100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.\nThrough its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.\nFind out more about OKX Ventureshere.\nDisclaimer\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-ventures-invests-in-utxo-stack-accelerating-bitcoins-layer-2-expansion-302108396.html\nSOURCE OKX Ventures', 'SINGAPORE,April 4, 2024/PRNewswire/ --OKX Ventures, the investment arm of leading Web3 technology companyOKX, has issued updates forApril 4, 2024.\nOKX Ventures Invests in UTXO Stack, AcceleratingBitcoin\'s Layer 2 Expansion\nOKX Ventures is proud to announce its participation in the seed funding round of UTXO Stack, a modular BTC Layer 2 blockchain launch platform. The seed round was co-led by ABCDE and SNZ, with OKX Ventures joining other prominent participants such asBitcoinMagazine, Waterdrip Capital, Matrixport, y2z Ventures and DRK Lab.\nUTXO Stack is at the forefront of expanding theBitcoinecosystem by enabling developers to easily initiate BTC Layer 2 solutions based on the UTXO model. The platform is integrated with the RGB++ protocol, enhancing interoperability between BTC and parallel Layer 2s developed on UTXO Stack, eliminating the need for cross-chain bridges. Additionally, it bolsters Layer 2 security through the staking of BTC, CKB and other BTC Layer 1 assets.\nUTXO Stack Founder and RGB++ Protocol Author Cipher said:"With the support from this funding round, UTXO Stack is poised to deliver a scalable UTXO Layer 2 solution for BTC, enhancing seamless interoperability across all blockchains. This investment fuels our capacity to further develop, expand and elevate our offerings."\nOKX Ventures FounderDora Yuesaid:"Our strategic investment in UTXO Stack signifies a strong endorsement of the platform\'s potential to enhance the functionality and scalability ofBitcoin\'s Layer 2 infrastructure."\nTo learn more about UTXO Stack,click here.\nFor further information, please contact:[email protected]\nAbout OKX VenturesOKX Ventures is the investment arm of leadingcryptoexchange and Web3 technology company OKX, with an initial capital commitment ofUSD 100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.\nThrough its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.\nFind out more about OKX Ventureshere.\nDisclaimer\nView original content to download multimedia:https://www.prnewswire.com/news-releases/flash-news-okx-ventures-invests-in **Last 60 Days of Bitcoin's Closing Prices:** [42658.67, 43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-05 **Financial & Commodity Data:** - Gold Closing Price: $2325.70 - Crude Oil Closing Price: $86.91 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,317,449,320,500 - Hash Rate: 611575286.7885739 - Transaction Count: 348637.0 - Unique Addresses: 643705.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • MicroStrategy Inc (NASDAQ:MSTR) showcases a robust enterprise analytics software strategy with innovative AI capabilities. • Strategic partnerships and FedRAMP authorization position MicroStrategy Inc (NASDAQ:MSTR) for growth in diverse sectors. • Volatility in Bitcoin investments and international operational risks present significant challenges for MicroStrategy Inc (NASDAQ:MSTR). • MicroStrategy Inc (NASDAQ:MSTR) faces stiff competition in the rapidly evolving enterprise analytics market. • Warning! GuruFocus has detected 10 Warning Signs with MSTR. MicroStrategy Inc (NASDAQ:MSTR), a leading provider of enterprise analytics and mobility software, filed its annual report on February 15, 2024. The10-Kfiling reveals a company at the forefront of business intelligence, offering a suite of advanced analytics solutions. With a market capitalization of approximately $4.133 billion as of June 30, 2023, and a global workforce of 1,934 employees, MicroStrategy Inc (NASDAQ:MSTR) demonstrates a strong market presence and commitment to innovation. The company's financial performance, as detailed in the filing, reflects its strategic initiatives and investment in Bitcoin, which have influenced its financial results and market price. This SWOT analysis will dissect the strengths, weaknesses, opportunities, and threats as presented in the 10-K filing, providing investors with a comprehensive understanding of MicroStrategy Inc (NASDAQ:MSTR)'s position in the market. Advanced Analytics and AI Capabilities: MicroStrategy Inc (NASDAQ:MSTR) distinguishes itself through its advanced enterprise analytics software strategy, which incorporates AI-powered business intelligence. The company's flagship platform, MicroStrategy ONE, is recognized for powering significant analytics deployments globally. Its Generative AI capabilities automate the deployment of AI-enabled applications, making advanced analytics accessible to non-technical users. This strength is evident in the company's ability to deliver Intelligence Everywhere, positioning MicroStrategy Inc (NASDAQ:MSTR) as a leader in the domain. Strategic Partnerships and Government Authorization: The company's strategic partnerships with major cloud providers and its FedRAMP authorization for the MicroStrategy Cloud for Government service underscore its competitive edge. These alliances and certifications enable MicroStrategy Inc (NASDAQ:MSTR) to meet the stringent security and data protection standards required by government and financial institutions, expanding its market reach and reinforcing its reputation for reliability and compliance. Bitcoin Investment Volatility: MicroStrategy Inc (NASDAQ:MSTR)'s significant investment in Bitcoin introduces financial volatility and risk. The cryptocurrency's price fluctuations have historically impacted the company's financial results and could continue to do so. This exposure to Bitcoin's volatile market poses a potential weakness, as it may affect the company's balance sheet and investor perceptions. International Operational Risks: The company's extensive international operations expose it to risks such as currency exchange fluctuations, regulatory changes, and geopolitical tensions. With a substantial portion of its revenue generated from international sales, MicroStrategy Inc (NASDAQ:MSTR) must navigate these complexities, which could impact its business, operating results, and financial condition. Expansion in Cloud-Based Analytics: The growing demand for cloud-based analytics solutions presents an opportunity for MicroStrategy Inc (NASDAQ:MSTR) to expand its subscription-based offerings. The company's cloud-native architecture, optimized for major hyperscalers, positions it to capitalize on this trend and drive growth in the cloud analytics market. Emerging Markets and New Technologies: MicroStrategy Inc (NASDAQ:MSTR) has the opportunity to leverage its advanced analytics and AI capabilities to penetrate emerging markets and sectors. By continuing to innovate and adapt to new technologies, the company can capture additional market share and address the evolving needs of businesses seeking data-driven insights. Intense Market Competition: The enterprise analytics market is highly competitive, with MicroStrategy Inc (NASDAQ:MSTR) facing challenges from global ISVs such as IBM, Microsoft, Oracle, Salesforce, and SAP. The company must continually innovate and differentiate its offerings to maintain its market position and drive customer demand. Regulatory and Data Privacy Concerns: MicroStrategy Inc (NASDAQ:MSTR) operates in a regulatory environment that is becoming increasingly complex, particularly concerning data privacy and protection. Compliance with evolving laws and regulations, such as the CCPA and CPRA, requires significant resources and could impact the company's operations and relationships with business partners and customers. In conclusion, MicroStrategy Inc (NASDAQ:MSTR) exhibits a strong foundation in enterprise analytics and AI, with strategic partnerships and government certifications bolstering its market position. However, the company must carefully manage the risks associated with its Bitcoin investments and international operations. Opportunities for growth in cloud-based analytics and emerging markets are countered by the threats of intense competition and regulatory challenges. Investors should weigh these factors when considering MicroStrategy Inc (NASDAQ:MSTR) as part of their investment portfolio. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared onGuruFocus.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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 surged on Friday following a stronger than expected March jobs report.\n• The US economy added 303,000 jobs last month, well ahead of economist estimates of 212,000 jobs.\n• The jobs report showed muted wage inflation, which could suggest a mild CPI report next week.\nUS stocks surged on Friday, recouping most of Thursday\'s losses after the March jobs report bested analyst estimates.\nThe US economyadded 303,000 jobs in March,well ahead of economist estimates of 212,000. Investors are electing to put a positive spin on the strong economic data under the idea that expansion will drive earnings growth. That optimism appeared to outweigh concerns that a Fed rate cut will be delayed.\nThe report also saw the unemployment rate fall to 3.8% from 3.9%, and it also showed easing wage inflation during the month.\xa0That\'s important because wage inflation plays a key part in overall inflation, suggesting that next week\'s CPI report might not surprise to the upside.\n"Another blowout payroll report suggests the economy is running strong and far from recession, with the economy averaging 276,000 job growth per month over the last quarter," Carson Group strategist Sonu Varghese told Business Insider. "On balance, this would push out any rate cuts by the Fed, but easing wage growth means we\'re not in the middle of a labor-market induced inflation surge."\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:5,204.34, up 1.1%\n• Dow Jones Industrial Average:38,904.04, up 0.8% (307 points)\n• Nasdaq Composite:16,248.52, up 1.2%\nHere\'s what else happened today:\n• A string of layoffs in Apple\'s R&D division suggests that CEO Tim Cook is trying to re-focus the companyafter its failed EV project.\n• A peak in bitcoin would signal turbulent times ahead for the stock marketover the next six months, according to a Wall Street strategist.\n• The US government transferred 2,000 bitcoin to Coinbasefrom its $2 billion cryptocurrency wallet earlier this week.\n• Tesla stock fell as much as 6% after a Reuters report saidthe company is scrapping its low-cost Model 2 vehicle, though Elon Musk denied the report.\n• A fund that offers investors the chance to buy stock in pre-IPO companies has soared as much as 818%since its debut two weeks ago.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil edged higher by 0.20% to $86.76 a barrel.Brent crude, the international benchmark, jumped by 0.39% to $91.00 a barrel.\n• Goldjumped 1.50% to $2,343.20 per ounce.\n• The 10-year Treasury yield rose 7 basis points to 4.39%.\n• Bitcoindropped by 0.99% to $67,844.\nRead the original article onBusiness Insider', "In this podcast, Motley Fool analyst Bill Mann and host Dylan Lewis discuss:\n• The tragic Francis Scott Key Bridge collapse in Baltimore and how it affects the port and the companies with goods going in and out of it.\n• VisaandMastercard's $30 billion settlement with merchants over interchange fees.\n• A curious crypto story withNilam Resources.\nTech insider Kara Swisher joins Motley Fool host Deidre Woollard to talk about her new bestseller,Burn Book, and how a tech CEO helped her kids use social media a little less.\nTo catch full episodes of all The Motley Fool's free podcasts, check out ourpodcast center. To get started investing, check out ourquick-start guide to investing in stocks. A full transcript follows the video.\nEver feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.\nOn rare occasions, our expert team of analysts issues a“Double Down” stockrecommendation\xa0for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:\n• Amazon:if you invested $1,000 when we doubled down in 2010,you’d have $20,273!*\n• Apple:if you invested $1,000 when we doubled down in 2008,you’d have $31,856!*\n• Netflix:if you invested $1,000 when we doubled down in 2004,you’d have $332,818!*\nRight now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.\nSee 3 “Double Down” stocks »\n*Stock Advisor returns as of April 4, 2024\nThis video was recorded on March 27, 2024.\nDylan Lewis:Soon merchants are going to be happier to see you pull out the plastic. Motley Fool Money starts now. I'm Dylan Lewis, and I'm joined over the airwaves by Motley Fool Senior Analyst Bill Mann. Bill, thanks for joining me.\nBill Mann:Hey, Dylan. How are you? Welcome back.\nDylan Lewis:It's great to be back after taking some time off. It's great to be back with you. We haven't done a show together since my vacation, so it's nice to be back in the seat. We're going to be checking in on some curious stories in crypto today. We're also going to be looking at some thoughts on the tech industry from Kara Swisher. First up though, Bill, a bit of disruption in our own backyard, an absolutely tragic scene in Baltimore this week with the Francis Scott Key Bridge collapsing after being struck by a cargo container in the early hours Tuesday. Bill, I've been on that bridge. I'm guessing you've been on that bridge as well. This is one that hits home for us.\nBill Mann:Many times. This is not just a local thoroughfare, but it is one of the major north-south arteries in the United States, so a very important road and port. The Port of Baltimore is one of the largest transshipment points for cars coming into and out of the United States. It's also a huge coal facility for shipments coming in and out. At the moment, the Port of Baltimore completely cut off. You did start by saying tragedy, and I do want to start by saying it's the loss of life that ultimately is the thing that we should be concerned about, first and foremost. It's very sad what happened.\nIt's a miracle not more people were on that bridge, not just a miracle but incredible work and foresight by the captain on the ship. That has to be called out. This is going to be a while before it gets cleaned up. Obviously, there's a lot of ways to get from, say, New York to the southern part of the US, but there are not that many ways that are better than Highway 695 for hazmat trucks, for example. The cost to commerce is going to be substantial. The hit to our infrastructure has been substantial.\nDylan Lewis:Bill, I think this is one of those stories that is going to take a very long time for all of the pieces to come out, all the details to come out, and all the consequences to be mapped out, but I think one of the clearest takeaways at this point is it is going to be incredibly disruptive to the local Baltimore area and really anything that passes through it. As you were just saying, so much activity flows through that port.\nBill Mann:There's a book that I read a couple of years ago, and it's a great book. If you're ever talking to someone at a cocktail party, and you'd like to end the conversation, mention that you've been reading the book Box by Marc Levinson, which is the history of the shipping container. It's a fascinating book but doesn't sound so on the surface.\nWhen we think of ports, we tend to think of them as being interchangeable at this point, like, it's a place where a boat can pull up to the side, and there's a crane that pulls things on and off. Ports now are specialized. The Port of Baltimore is specialized for the types of products that flow through that port, particularly cars, gypsum, lumber, coal, things of that nature. While there are other ports that can take that volume, it's not just as simple as saying, now you're going to Norfolk, now you're going to Newark. Those ports are not geared to handle that volume in the same way that Baltimore has.\nDylan Lewis:Bill, that's all we have today. I got to go.\nBill Mann:[LAUGHTER] You got to read the book?\nDylan Lewis:You joke that it was a good way to end the conversation. I'm just kidding. I love it when you go deep, and I love when we get wonky. I think it's a fascinating story, and I love the book recommendation there, Bill. One of the things I'm curious about is, as this clearly is going to disrupt supply chain and logistics, what it means for the companies that wind up flowing a lot of goods through a place like Baltimore. We have seen companies try to tap into interruption insurance in the past. Do you feel like this is something that we are suddenly going to become experts in in the way that people do on Twitter?\nBill Mann:I became a Twitter expert in shipping law. I got my masters yesterday in it. Usually when you talk about these things, you're talking about tragedies. There were a huge amounts of business interruption cases that happened after the 9/11 attacks, there were huge numbers of business interruption insurance claims after Hurricane Katrina, and there will be more here.\nRight at the top of the list is the Port of Baltimore, which is a port authority, but it is it operates under concessions. There are companies out there that offer business interruption, andBerkshireHathawayis one that has been known to do so. There will be claims, and they will be big, but I would assume that many of the claims will be opportunities for companies to perhaps cash in a little bit, and I only say that not pejoratively because that's what's happened every single time in the past.\nDylan Lewis:From the supply chain and cargo world over to the digital toll roads, we have some updates in the credit card landscape. Visa and MasterCard's toll road is about to get a little bit cheaper for merchants, Bill, the two largest credit card companies settling suit with merchants over there interchange fees, which will save about 30 billion in fees over five years for merchants. How big of a deal is this for the credit card companies?\nBill Mann:The credit card companies, there's only a certain part that's really that big of a deal because Visa and Mastercar **Last 60 Days of Bitcoin's Closing Prices:** [43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-06 **Financial & Commodity Data:** - Gold Closing Price: $2325.70 - Crude Oil Closing Price: $86.91 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,331,803,715,550 - Hash Rate: 640501144.9474928 - Transaction Count: 433591.0 - Unique Addresses: 673290.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Coinbase Global has announced a partnership with Lightspark to integrate the Bitcoin Lightning Network, a move expected to speed up and reduce the cost of Bitcoin transactions on the platform. The collaboration will see Coinbase leverage Lightspark’s technology for key management and node hosting, enhancing the exchange’s transactional capabilities. The partnership with Lightspark allows Coinbase to address some of the most pressing issues in Bitcoin transactions, such as slow processing times and high fees. In apress release, Shan Aggarwal, Coinbase’s VP of Corporate and Business Development, expressed excitement over the partnership’s potential to break down payment barriers. The Lightning Network, a Bitcoin layer-2 protocol, is at the heart of this integration, providing quick payments that bypass the Bitcoin blockchain’s typical confirmation delays and the 10-minute block processing times.... - Reddit Posts (Sample): [['u/dat9553', 'Bitcoin will be the main store of value for the ultra wealthy', 88, '2024-04-06 00:44', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/', "&#x200B;\n\n[If you're still holding the majority of your wealth in real estates or equities, you need to transfer your wealth in there to Bitcoin while you still can](https://reddit.com/link/1bwvk6c/video/kg8a74i7oqsc1/player)", 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/', '1bwvk6c', [['u/Ok_Art_2874', 11, '2024-04-06 02:13', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky94jn9/', 'Uh, bitcoin will be one of the stores of wealth, but not the main one', '1bwvk6c'], ['u/nopenope12345678910', 52, '2024-04-06 02:25', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky96bkl/', 'Laughs in actually useable scarce commodities, namely Land and natural resources.\n\nLike I get it bitcoin is finite and valuable, but when you have real wealth you likely are investing in much more surer bets.', '1bwvk6c'], ['u/dat9553', 14, '2024-04-06 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky974oh/', "sure, own as much land and natural resources as you can, might be massive headache to manage and protect them since they're far easier to take away from you than 24 words.", '1bwvk6c'], ['u/nopenope12345678910', 13, '2024-04-06 02:48', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky99qr4/', 'they said ultra wealthy.... Nothing is really a headache to manage at that level, you have people for that.', '1bwvk6c'], ['u/Prestigious-Agency79', 15, '2024-04-06 03:14', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky9dl1d/', 'If given the choice j would take $100M of land over $100M of anything else like 9/10 times.\n\nThat 10th time I’d probably waste it on some hookers and blow.', '1bwvk6c'], ['u/NonRelevantAnon', 10, '2024-04-06 03:34', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky9gega/', "I don't know 24 words are super easy to take away when you or your loved one is being tortured. Land they can't just take there are a ton of hoops they have to jump through.", '1bwvk6c'], ['u/NonRelevantAnon', 12, '2024-04-06 03:35', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky9gk0v/', 'You have no idea how wealthy people manage their wealth. If you do it yourself you are not ultra wealthy.', '1bwvk6c'], ['u/Proof_Supermarket_92', 41, '2024-04-06 04:28', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky9o6rq/', 'The ultra wealthy and... me.', '1bwvk6c'], ['u/Ystebad', 11, '2024-04-06 04:34', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky9p33z/', 'Until the govt comes confiscates it and/or taxes it to death', '1bwvk6c'], ['u/xlvi_et_ii', 12, '2024-04-06 05:07', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky9tg4g/', '> $100M of land\n\n\nUntil the property taxes are due....', '1bwvk6c'], ['u/Nano_gigantic', 24, '2024-04-06 06:04', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/kya0n13/', 'Real estate is always going to be in higher demand than Bitcoin. You will still need a house to live in, not matter how much adoption Bitcoin ever gets. And people are always going to want a beautiful mansion in a beach. Once you get incredibly wealthy, you want to do stuff with it, then preserve what’s left. Not the other way around', '1bwvk6c'], ['u/LionRivr', 22, '2024-04-06 07:19', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/kya8rma/', 'Not knocking the amazing value of tangible, physical assets such as land and natural resources, however it is arguable that Bitcoin is far more versatile than any physical asset. It can be transported more easily, requires little to no maintenance, is practically more divisible, more liquid, and can technically be converted into literally any asset you want.\n\nMaybe I have been listening to too much Michael Saylor, but for ultra-wealthy levels of wealth, BTC takes the Win for me in most situations.', '1bwvk6c'], ['u/marosszeki', 12, '2024-04-06 07:42', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/kyab1uo/', 'Those are the same picture', '1bwvk6c'], ['u/loblaw-bob', 11, '2024-04-06 10:09', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/kyanv13/', 'You have to look at the number of homes that are owned by people strictly for investment purposes. The number is high and growing. Once you get to the ultra wealthy they own homes with no one in them just to have assets that keep their value. But homes and properties are expensive between upkeep and taxes. They are also very illiquid. It takes a lot of time to sell a property to get liquid funds. Property is locked in physical space. Narrowing the market you can sell to, and leaving it predisposed to market fluctuations for that particular area. \n\nBitcoin offers a much cheaper way to store value. It can be accessed from anywhere. It can be transferred to anyone in the world, at any tim, 24/7. Christmas Eve at 2am, from Montana to Thailand? No problem. The bitcoin network is running and will see to the secure transaction with no limitation on amount for an extremely cheap fee (relatively). \n\nIt truly is difficult for us to wrap our heads around just how much of massive breakthrough bitcoin is in this regard. And this would be a very good thing for all people of the world. If investors start taking their money out of real estate and putting it into bitcoin the prices of homes will begin to fall dramatically. This will make homes affordable again and younger generations can start to purchase them for their *real* purpose: to live in. Homes becoming unaffordable is just another symptom of a broken monetary system. Bitcoin fixes this.', '1bwvk6c']]], ['u/AdventurousIceballs', 'Question about computer from 2012 that used to mine BTC', 230, '2024-04-06 01:29', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/', 'Hello everyone. I just learned that my Dad used to mine bitcoin on an old computer that we still have. He mined from Feb 2012 to 2014. I have searched the computer for a Wallet.dat file and havent found anything. However, there is a crypto folder from 2012 that I assume is linked to the mining. In it is two other folders named "RSA" and "Keys". In these folders are a bunch of .sys System files with names of random 64 length numbers and letters. 0-9, and a-f. He said that he thinks he used an online wallet. I assume that the website no longer exists, and even if it did there\'s no way he remebers any passwords. Does anyone have any tips to try and find if there\'s any recoverable BTC? I assume that the only way to get it back is to have the private keys but I\'m not sure how to find them. I\'m sure it\'s close to nothing in USD but it would be awesome to see how much he had. Thanks! ', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/', '1bwwmz3', [['u/Savik519', 155, '2024-04-06 01:34', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky8ynkd/', 'My condolences to your DMs, may they rest in peace.\xa0', '1bwwmz3'], ['u/moon-lambo-now', 389, '2024-04-06 01:46', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky90ehb/', "Do not answer to any DMs, they are all about stealing your money. And do not copy-paste the keys to any website.\n\nBitcoin private keys are 64 characters long and have 0-9 and a-f. If I were you, I'd download Bitcoin Core, synchronize it with the blockchain and then tried importing the private keys there.", '1bwwmz3'], ['u/Donkeytonkers', 19, '2024-04-06 01:48', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky90qag/', 'My thoughts exactly, dude just advertised to the world “I might be a multimillionaire/billionaire”. Just created more headaches', '1bwwmz3'], ['u/Ill_Personality_3705', 136, '2024-04-06 01:51', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky919th/', 'DONT OPEN ANY DMS, this is for your own good, i really hope you find 100 BTC brother, good luck!', '1bwwmz3'], ['u/AdventurousIceballs', 168, '2024-04-06 01:52', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky91ey1/', "Yeah I've already got some bot DM's. But thank you, I will try that.", '1bwwmz3'], ['u/na3than', 68, '2024-04-06 01:57', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky922n3/', "Bitcoin private keys are 256-bit numbers. A 256-bit number is a 64-bit hexadecimal (0-9,a-f) number. Do not share those filenames with ANYONE, and if you haven't already done so, take that computer offline NOW. There's no rush to discover what you may or may not have there, other than getting it offline where it's less of a target.\n\nTake your time and ask detailed questions in public forums such as this (not private messages; anyone who legitimately wants to help you will do it publicly) before you do anything you might regret with that computer.", '1bwwmz3'], ['u/moon-lambo-now', 83, '2024-04-06 02:00', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky92iyn/', ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86
You are an expert financial analyst. Your primary task is to 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 surged on Friday following a stronger than expected March jobs report.\n• The US economy added 303,000 jobs last month, well ahead of economist estimates of 212,000 jobs.\n• The jobs report showed muted wage inflation, which could suggest a mild CPI report next week.\nUS stocks surged on Friday, recouping most of Thursday\'s losses after the March jobs report bested analyst estimates.\nThe US economyadded 303,000 jobs in March,well ahead of economist estimates of 212,000. Investors are electing to put a positive spin on the strong economic data under the idea that expansion will drive earnings growth. That optimism appeared to outweigh concerns that a Fed rate cut will be delayed.\nThe report also saw the unemployment rate fall to 3.8% from 3.9%, and it also showed easing wage inflation during the month.\xa0That\'s important because wage inflation plays a key part in overall inflation, suggesting that next week\'s CPI report might not surprise to the upside.\n"Another blowout payroll report suggests the economy is running strong and far from recession, with the economy averaging 276,000 job growth per month over the last quarter," Carson Group strategist Sonu Varghese told Business Insider. "On balance, this would push out any rate cuts by the Fed, but easing wage growth means we\'re not in the middle of a labor-market induced inflation surge."\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:5,204.34, up 1.1%\n• Dow Jones Industrial Average:38,904.04, up 0.8% (307 points)\n• Nasdaq Composite:16,248.52, up 1.2%\nHere\'s what else happened today:\n• A string of layoffs in Apple\'s R&D division suggests that CEO Tim Cook is trying to re-focus the companyafter its failed EV project.\n• A peak in bitcoin would signal turbulent times ahead for the stock marketover the next six months, according to a Wall Street strategist.\n• The US government transferred 2,000 bitcoin to Coinbasefrom its $2 billion cryptocurrency wallet earlier this week.\n• Tesla stock fell as much as 6% after a Reuters report saidthe company is scrapping its low-cost Model 2 vehicle, though Elon Musk denied the report.\n• A fund that offers investors the chance to buy stock in pre-IPO companies has soared as much as 818%since its debut two weeks ago.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil edged higher by 0.20% to $86.76 a barrel.Brent crude, the international benchmark, jumped by 0.39% to $91.00 a barrel.\n• Goldjumped 1.50% to $2,343.20 per ounce.\n• The 10-year Treasury yield rose 7 basis points to 4.39%.\n• Bitcoindropped by 0.99% to $67,844.\nRead the original article onBusiness Insider', "In this podcast, Motley Fool analyst Bill Mann and host Dylan Lewis discuss:\n• The tragic Francis Scott Key Bridge collapse in Baltimore and how it affects the port and the companies with goods going in and out of it.\n• VisaandMastercard's $30 billion settlement with merchants over interchange fees.\n• A curious crypto story withNilam Resources.\nTech insider Kara Swisher joins Motley Fool host Deidre Woollard to talk about her new bestseller,Burn Book, and how a tech CEO helped her kids use social media a little less.\nTo catch full episodes of all The Motley Fool's free podcasts, check out ourpodcast center. To get started investing, check out ourquick-start guide to investing in stocks. A full transcript follows the video.\nEver feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.\nOn rare occasions, our expert team of analysts issues a“Double Down” stockrecommendation\xa0for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:\n• Amazon:if you invested $1,000 when we doubled down in 2010,you’d have $20,273!*\n• Apple:if you invested $1,000 when we doubled down in 2008,you’d have $31,856!*\n• Netflix:if you invested $1,000 when we doubled down in 2004,you’d have $332,818!*\nRight now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.\nSee 3 “Double Down” stocks »\n*Stock Advisor returns as of April 4, 2024\nThis video was recorded on March 27, 2024.\nDylan Lewis:Soon merchants are going to be happier to see you pull out the plastic. Motley Fool Money starts now. I'm Dylan Lewis, and I'm joined over the airwaves by Motley Fool Senior Analyst Bill Mann. Bill, thanks for joining me.\nBill Mann:Hey, Dylan. How are you? Welcome back.\nDylan Lewis:It's great to be back after taking some time off. It's great to be back with you. We haven't done a show together since my vacation, so it's nice to be back in the seat. We're going to be checking in on some curious stories in crypto today. We're also going to be looking at some thoughts on the tech industry from Kara Swisher. First up though, Bill, a bit of disruption in our own backyard, an absolutely tragic scene in Baltimore this week with the Francis Scott Key Bridge collapsing after being struck by a cargo container in the early hours Tuesday. Bill, I've been on that bridge. I'm guessing you've been on that bridge as well. This is one that hits home for us.\nBill Mann:Many times. This is not just a local thoroughfare, but it is one of the major north-south arteries in the United States, so a very important road and port. The Port of Baltimore is one of the largest transshipment points for cars coming into and out of the United States. It's also a huge coal facility for shipments coming in and out. At the moment, the Port of Baltimore completely cut off. You did start by saying tragedy, and I do want to start by saying it's the loss of life that ultimately is the thing that we should be concerned about, first and foremost. It's very sad what happened.\nIt's a miracle not more people were on that bridge, not just a miracle but incredible work and foresight by the captain on the ship. That has to be called out. This is going to be a while before it gets cleaned up. Obviously, there's a lot of ways to get from, say, New York to the southern part of the US, but there are not that many ways that are better than Highway 695 for hazmat trucks, for example. The cost to commerce is going to be substantial. The hit to our infrastructure has been substantial.\nDylan Lewis:Bill, I think this is one of those stories that is going to take a very long time for all of the pieces to come out, all the details to come out, and all the consequences to be mapped out, but I think one of the clearest takeaways at this point is it is going to be incredibly disruptive to the local Baltimore area and really anything that passes through it. As you were just saying, so much activity flows through that port.\nBill Mann:There's a book that I read a couple of years ago, and it's a great book. If you're ever talking to someone at a cocktail party, and you'd like to end the conversation, mention that you've been reading the book Box by Marc Levinson, which is the history of the shipping container. It's a fascinating book but doesn't sound so on the surface.\nWhen we think of ports, we tend to think of them as being interchangeable at this point, like, it's a place where a boat can pull up to the side, and there's a crane that pulls things on and off. Ports now are specialized. The Port of Baltimore is specialized for the types of products that flow through that port, particularly cars, gypsum, lumber, coal, things of that nature. While there are other ports that can take that volume, it's not just as simple as saying, now you're going to Norfolk, now you're going to Newark. Those ports are not geared to handle that volume in the same way that Baltimore has.\nDylan Lewis:Bill, that's all we have today. I got to go.\nBill Mann:[LAUGHTER] You got to read the book?\nDylan Lewis:You joke that it was a good way to end the conversation. I'm just kidding. I love it when you go deep, and I love when we get wonky. I think it's a fascinating story, and I love the book recommendation there, Bill. One of the things I'm curious about is, as this clearly is going to disrupt supply chain and logistics, what it means for the companies that wind up flowing a lot of goods through a place like Baltimore. We have seen companies try to tap into interruption insurance in the past. Do you feel like this is something that we are suddenly going to become experts in in the way that people do on Twitter?\nBill Mann:I became a Twitter expert in shipping law. I got my masters yesterday in it. Usually when you talk about these things, you're talking about tragedies. There were a huge amounts of business interruption cases that happened after the 9/11 attacks, there were huge numbers of business interruption insurance claims after Hurricane Katrina, and there will be more here.\nRight at the top of the list is the Port of Baltimore, which is a port authority, but it is it operates under concessions. There are companies out there that offer business interruption, andBerkshireHathawayis one that has been known to do so. There will be claims, and they will be big, but I would assume that many of the claims will be opportunities for companies to perhaps cash in a little bit, and I only say that not pejoratively because that's what's happened every single time in the past.\nDylan Lewis:From the supply chain and cargo world over to the digital toll roads, we have some updates in the credit card landscape. Visa and MasterCard's toll road is about to get a little bit cheaper for merchants, Bill, the two largest credit card companies settling suit with merchants over there interchange fees, which will save about 30 billion in fees over five years for merchants. How big of a deal is this for the credit card companies?\nBill Mann:The credit card companies, there's only a certain part that's really that big of a deal because Visa and Mastercar **Last 60 Days of Bitcoin's Closing Prices:** [43084.67, 44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-06 **Financial & Commodity Data:** - Gold Closing Price: $2325.70 - Crude Oil Closing Price: $86.91 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,331,803,715,550 - Hash Rate: 640501144.9474928 - Transaction Count: 433591.0 - Unique Addresses: 673290.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Coinbase Global has announced a partnership with Lightspark to integrate the Bitcoin Lightning Network, a move expected to speed up and reduce the cost of Bitcoin transactions on the platform. The collaboration will see Coinbase leverage Lightspark’s technology for key management and node hosting, enhancing the exchange’s transactional capabilities. The partnership with Lightspark allows Coinbase to address some of the most pressing issues in Bitcoin transactions, such as slow processing times and high fees. In apress release, Shan Aggarwal, Coinbase’s VP of Corporate and Business Development, expressed excitement over the partnership’s potential to break down payment barriers. The Lightning Network, a Bitcoin layer-2 protocol, is at the heart of this integration, providing quick payments that bypass the Bitcoin blockchain’s typical confirmation delays and the 10-minute block processing times.... - Reddit Posts (Sample): [['u/dat9553', 'Bitcoin will be the main store of value for the ultra wealthy', 88, '2024-04-06 00:44', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/', "&#x200B;\n\n[If you're still holding the majority of your wealth in real estates or equities, you need to transfer your wealth in there to Bitcoin while you still can](https://reddit.com/link/1bwvk6c/video/kg8a74i7oqsc1/player)", 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/', '1bwvk6c', [['u/Ok_Art_2874', 11, '2024-04-06 02:13', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky94jn9/', 'Uh, bitcoin will be one of the stores of wealth, but not the main one', '1bwvk6c'], ['u/nopenope12345678910', 52, '2024-04-06 02:25', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky96bkl/', 'Laughs in actually useable scarce commodities, namely Land and natural resources.\n\nLike I get it bitcoin is finite and valuable, but when you have real wealth you likely are investing in much more surer bets.', '1bwvk6c'], ['u/dat9553', 14, '2024-04-06 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky974oh/', "sure, own as much land and natural resources as you can, might be massive headache to manage and protect them since they're far easier to take away from you than 24 words.", '1bwvk6c'], ['u/nopenope12345678910', 13, '2024-04-06 02:48', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky99qr4/', 'they said ultra wealthy.... Nothing is really a headache to manage at that level, you have people for that.', '1bwvk6c'], ['u/Prestigious-Agency79', 15, '2024-04-06 03:14', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky9dl1d/', 'If given the choice j would take $100M of land over $100M of anything else like 9/10 times.\n\nThat 10th time I’d probably waste it on some hookers and blow.', '1bwvk6c'], ['u/NonRelevantAnon', 10, '2024-04-06 03:34', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky9gega/', "I don't know 24 words are super easy to take away when you or your loved one is being tortured. Land they can't just take there are a ton of hoops they have to jump through.", '1bwvk6c'], ['u/NonRelevantAnon', 12, '2024-04-06 03:35', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky9gk0v/', 'You have no idea how wealthy people manage their wealth. If you do it yourself you are not ultra wealthy.', '1bwvk6c'], ['u/Proof_Supermarket_92', 41, '2024-04-06 04:28', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky9o6rq/', 'The ultra wealthy and... me.', '1bwvk6c'], ['u/Ystebad', 11, '2024-04-06 04:34', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky9p33z/', 'Until the govt comes confiscates it and/or taxes it to death', '1bwvk6c'], ['u/xlvi_et_ii', 12, '2024-04-06 05:07', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/ky9tg4g/', '> $100M of land\n\n\nUntil the property taxes are due....', '1bwvk6c'], ['u/Nano_gigantic', 24, '2024-04-06 06:04', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/kya0n13/', 'Real estate is always going to be in higher demand than Bitcoin. You will still need a house to live in, not matter how much adoption Bitcoin ever gets. And people are always going to want a beautiful mansion in a beach. Once you get incredibly wealthy, you want to do stuff with it, then preserve what’s left. Not the other way around', '1bwvk6c'], ['u/LionRivr', 22, '2024-04-06 07:19', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/kya8rma/', 'Not knocking the amazing value of tangible, physical assets such as land and natural resources, however it is arguable that Bitcoin is far more versatile than any physical asset. It can be transported more easily, requires little to no maintenance, is practically more divisible, more liquid, and can technically be converted into literally any asset you want.\n\nMaybe I have been listening to too much Michael Saylor, but for ultra-wealthy levels of wealth, BTC takes the Win for me in most situations.', '1bwvk6c'], ['u/marosszeki', 12, '2024-04-06 07:42', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/kyab1uo/', 'Those are the same picture', '1bwvk6c'], ['u/loblaw-bob', 11, '2024-04-06 10:09', 'https://www.reddit.com/r/Bitcoin/comments/1bwvk6c/bitcoin_will_be_the_main_store_of_value_for_the/kyanv13/', 'You have to look at the number of homes that are owned by people strictly for investment purposes. The number is high and growing. Once you get to the ultra wealthy they own homes with no one in them just to have assets that keep their value. But homes and properties are expensive between upkeep and taxes. They are also very illiquid. It takes a lot of time to sell a property to get liquid funds. Property is locked in physical space. Narrowing the market you can sell to, and leaving it predisposed to market fluctuations for that particular area. \n\nBitcoin offers a much cheaper way to store value. It can be accessed from anywhere. It can be transferred to anyone in the world, at any tim, 24/7. Christmas Eve at 2am, from Montana to Thailand? No problem. The bitcoin network is running and will see to the secure transaction with no limitation on amount for an extremely cheap fee (relatively). \n\nIt truly is difficult for us to wrap our heads around just how much of massive breakthrough bitcoin is in this regard. And this would be a very good thing for all people of the world. If investors start taking their money out of real estate and putting it into bitcoin the prices of homes will begin to fall dramatically. This will make homes affordable again and younger generations can start to purchase them for their *real* purpose: to live in. Homes becoming unaffordable is just another symptom of a broken monetary system. Bitcoin fixes this.', '1bwvk6c']]], ['u/AdventurousIceballs', 'Question about computer from 2012 that used to mine BTC', 230, '2024-04-06 01:29', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/', 'Hello everyone. I just learned that my Dad used to mine bitcoin on an old computer that we still have. He mined from Feb 2012 to 2014. I have searched the computer for a Wallet.dat file and havent found anything. However, there is a crypto folder from 2012 that I assume is linked to the mining. In it is two other folders named "RSA" and "Keys". In these folders are a bunch of .sys System files with names of random 64 length numbers and letters. 0-9, and a-f. He said that he thinks he used an online wallet. I assume that the website no longer exists, and even if it did there\'s no way he remebers any passwords. Does anyone have any tips to try and find if there\'s any recoverable BTC? I assume that the only way to get it back is to have the private keys but I\'m not sure how to find them. I\'m sure it\'s close to nothing in USD but it would be awesome to see how much he had. Thanks! ', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/', '1bwwmz3', [['u/Savik519', 155, '2024-04-06 01:34', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky8ynkd/', 'My condolences to your DMs, may they rest in peace.\xa0', '1bwwmz3'], ['u/moon-lambo-now', 389, '2024-04-06 01:46', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky90ehb/', "Do not answer to any DMs, they are all about stealing your money. And do not copy-paste the keys to any website.\n\nBitcoin private keys are 64 characters long and have 0-9 and a-f. If I were you, I'd download Bitcoin Core, synchronize it with the blockchain and then tried importing the private keys there.", '1bwwmz3'], ['u/Donkeytonkers', 19, '2024-04-06 01:48', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky90qag/', 'My thoughts exactly, dude just advertised to the world “I might be a multimillionaire/billionaire”. Just created more headaches', '1bwwmz3'], ['u/Ill_Personality_3705', 136, '2024-04-06 01:51', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky919th/', 'DONT OPEN ANY DMS, this is for your own good, i really hope you find 100 BTC brother, good luck!', '1bwwmz3'], ['u/AdventurousIceballs', 168, '2024-04-06 01:52', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky91ey1/', "Yeah I've already got some bot DM's. But thank you, I will try that.", '1bwwmz3'], ['u/na3than', 68, '2024-04-06 01:57', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky922n3/', "Bitcoin private keys are 256-bit numbers. A 256-bit number is a 64-bit hexadecimal (0-9,a-f) number. Do not share those filenames with ANYONE, and if you haven't already done so, take that computer offline NOW. There's no rush to discover what you may or may not have there, other than getting it offline where it's less of a target.\n\nTake your time and ask detailed questions in public forums such as this (not private messages; anyone who legitimately wants to help you will do it publicly) before you do anything you might regret with that computer.", '1bwwmz3'], ['u/moon-lambo-now', 83, '2024-04-06 02:00', 'https://www.reddit.com/r/Bitcoin/comments/1bwwmz3/question_about_computer_from_2012_that_used_to/ky92iyn/', ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Attendance is down, but enthusiasm is up at Hong Kong\'s Web3 Festival this year amid sky-high bitcoin prices that have helped draw in an even greater proportion of overseas participants compared with last year.\nThe vast majority of participants - an estimated 80 per cent - came from outside Hong Kong, said Deputy Financial Secretary Michael Wong Wai-lun on Saturday in his opening remarks. The 2024 conference has seen more exhibitors from Europe and the US specifically, according to Lu Weiding, CEO of Wanxiang Group, which owns the event organiser HashKey Group.\nAs Hong Kong forges ahead with its push to transform into a major crypto hub, it has been attracting more Web3 events to the city and trying to bring in big-name speakers. Investor Cathie Wood, founder of US funds manager ARK Invest, was the most high-profile speaker at this year\'s Web3 Festival, although she dialled in remotely for a video chat. She praised Hong Kong\'s regulatory efforts and suggested the US is lagging behind.\nDo you have questions about the biggest topics and trends from around the world? Get the answers withSCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team.\nARK Invest founder Cathie Wood speaks during a fireside chat with HashKey Capital at the Hong Kong Web3 Festival on April 6, 2024. Photo: SCMP / Matt Haldane alt=ARK Invest founder Cathie Wood speaks during a fireside chat with HashKey Capital at the Hong Kong Web3 Festival on April 6, 2024. Photo: SCMP / Matt Haldane>\n"We are very impressed with what [Hong Kong] has done in providing a comprehensive regulatory framework for exchanges and institutions from a custody point of view," Wood said in an onstage interview with HashKey Capital. "This regulatory clarity is critical, we think, to enabling the proliferation of the technology faster perhaps in Hong Kong than in the United States."\nWood encouraged businesses in Hong Kong to take advantage of existing regulatory arbitrage as a "global opportunity". She also offered an extremely optimistic view of where the price of bitcoin is headed: US$1.5 million by 2030. Its record price was more than US$73,000 on March 13 and currently sits around US$68,000.\nThis year\'s Web3 Festival started shortly after the conclusion of the WOW Summit and the Liquidity 2024 Institutional Digital Asset Summit, which both dealt with crypto-related topics. Even more events are planned for later this year.\nMay will see both Wiki Finance Expo and Bitcoin Asia, and Chainlink will host its SmartCon event in Hong Kong in October. CoinDesk - recently acquired by crypto exchange Bullish, which has strong ties to the city - will bring its major Consensus conference to Hong Kong next year.\nStill, the flood of events risks dividing attention, especially with so many other major events taking place in other locations. Token2049 - which holds its flagship event in Singapore and once took place in Hong Kong - is hosting its Dubai conference in two weeks. Paris Blockchain Week is also this week, and ETH Seoul was the last three days of March.\nWith other events clustered so closely together, the Web3 Festival was smaller in scale than last year, which happened a few months after Hong Kong announced it\'s big crypto push.\nThe event this year covers less area in the Convention and Exhibition Centre in Wan Chai, and it has fewer exhibitors, according to HashKey Exchange CEO Livio Weng. However, the event has more sponsorship revenue than last year, and there are more side events, he said.\nHong Kong has maintained its commitment to trying to draw the crypto industry to the city after a number of high-profile scandals and collapses in 2022 and 2023. A mandatory licensing scheme that took effect last year was meant to provide regulatory clarity to make the market more attractive. It has drawn24 applicants so far.\nThe city is also moving toregulate stablecoinsandover-the-counter cryptocurrency shops. Many are anticipating the approval of spot bitcoin ETFs, as well.\n"Hong Kong remains the most exciting global opportunity anywhere for a firm wanting to build a virtual assets business or invest in virtual assets," said Sean Lawrence, head of Asia-Pacific at crypto data provider Kaiko. The city\'s advantages include supportive and clear policy directives, a talent pool with experience in traditional finance, and capital to be allocated to virtual assets, he added.\nHowever, he noted that entrepreneurs and investors should be "prepared to commit significant time, money and effort", which are necessary to build consumer-protected, sustainable businesses in Hong Kong.\nThis article originally appeared in theSouth China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore theSCMP appor visit the SCMP\'sFacebookandTwitterpages. Copyright © 2024 South China Morning Post Publishers Ltd. All rights reserved.\nCopyright (c) 2024. South China Morning Post Publishers Ltd. All rights reserved.', 'Dubai, UAE, April 07, 2024 (GLOBE NEWSWIRE) -- In the ever-turbulent sea of cryptocurrency investments, a significant shift in investor strategy has emerged, with many choosing to redistribute their Bitcoin (BTC) holdings to capitalize on the recent surge in Bitcoin Cash (BCH). This strategic reallocation underscores a broader narrative within the digital currency space, where Bitcoin Cash\'s pump has not only caught the attention of seasoned investors but has also sparked discussions about the future trajectory of both cryptocurrencies. Amidst this reorientation,Shiba Budz (BUDZ)emerges as a compelling narrative, offering a fresh investment avenue alongside the titans of Bitcoin (BTC) and Bitcoin Cash (BCH).\nBitcoin (BTC) vs. Bitcoin Cash (BCH): A Shift in Momentum\nFor years, Bitcoin (BTC) has held the crown as the undisputed leader of the cryptocurrency world, with its pioneering technology and unmatched market capitalization. However, Bitcoin Cash (BCH), a fork ofBitcoin (BTC)aimed at addressing scalability issues, has recently seen a significant uptick in investor interest. This surge in Bitcoin Cash (BCH) has led many investors to reassess their portfolios, with some choosing to split their Bitcoin (BTC) bags to join the promising pump in BCH.\nThe Bitcoin Cash (BCH) Surge: A Catalyst for Change\nThe recent pump in Bitcoin Cash (BCH) has been a wake-up call for the crypto community, highlighting the potential for high returns outside of traditionalBitcoin (BTC)investments. Investors, attracted byBitcoin Cash\'s (BCH)lower transaction fees and faster processing times, view BCH as a practical alternative to BTC for daily transactions and speculative investments. This shift has been fueled by Bitcoin Cash\'s (BCH) efforts to position itself as a more user-friendly version of Bitcoin (BTC), capable of facilitating widespread adoption of cryptocurrency.\nShiba Budz (BUDZ): A New Player Emerges\nIn the midst of the BTC versus BCH debate,Shiba Budz (BUDZ)offers a unique proposition for investors seeking diversification and novelty. As a new entrant in the cryptocurrency market, BUDZ taps into the growing interest in meme coins and NFTs, providing a platform that blends entertainment with investment potential. Shiba Budz (BUDZ) stands out for its commitment to creating a vibrant ecosystem around digital collectibles, appealing to a new generation of investors drawn to the intersection of pop culture and digital currency.\nInvestor Strategy: Balancing BTC, BCH, and BUDZ\nThe diverging paths of Bitcoin (BTC) and Bitcoin Cash (BCH), coupled with the rise ofShiba Budz (BUDZ),present a complex landscape for investors. Those reallocating their Bitcoin (BTC) holdings to capitalize onBitcoin Cash\'s (BCH)pump are also exploring opportunities like BUDZ, which offer a different risk-reward profile. By spreading their investments across BTC, BCH, and BUDZ, investors can balance potential gains from established cryptocurrencies with the speculative upside of emerging tokens.\nWhat\'s Next for BTC, BCH, and BUDZ?\nAs the crypto market continues to evolve, the dynamic between Bitcoin (BTC), Bitcoin Cash (BCH), andShiba Budz (BUDZ)will likely influence future investment strategies. Bitcoin (BTC) remains a cornerstone of the cryptocurrency world, offering stability and long-term value. Bitcoin Cash (BCH), with its recent surge, demonstrates the potential for alternative coins to challenge established norms and deliver substantial returns. Meanwhile, Shiba Budz (BUDZ) represents the next frontier of crypto investments, where meme culture and technological innovation converge.\nConclusion: Navigating the Crypto Landscape\nThe redistribution of Bitcoin (BTC) holdings in favor of Bitcoin Cash (BCH) and the emerging interest inShiba Budz (BUDZ)underscore a broader trend in cryptocurrency investments. As investors seek to maximize returns and explore new avenues, the balance between traditional and novel cryptocurrencies becomes increasingly important. With BTC, BCH, and BUDZ each offering distinct advantages, the key for investors lies in strategic diversification, ensuring exposure to both the stability of established tokens and the growth potential of emerging digital currencies.\nFor more information on the Shiba Budz (BUDZ) Presale:\nPresale Website:SHIBA BUDZ (BUDZ)\nUse Promo Codebudzmoon30to get 30% bonus\nJoin and become a BUDZ member:\nTelegram:https://t.me/ShibaBudzP2E\nTwitter:SHIBA BUDZ "$BUDZ" (@ShibaBudz) / X\nDisclaimer:\xa0The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Alan smith support at shibabudz.org', 'Duba **Last 60 Days of Bitcoin's Closing Prices:** [44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-07 **Financial & Commodity Data:** - Gold Closing Price: $2325.70 - Crude Oil Closing Price: $86.91 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,368,071,410,875 - Hash Rate: 702485126.7166051 - Transaction Count: 526130.0 - Unique Addresses: 652726.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.78 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • US stocks rose Thursday but the S&P 500 fell just shy of the 5,000 milestone. • Investors continue to take in better-than-expected earnings and fresh Fed comments. • Shares of the chip-maker Arm saw a massive 64% rally after it reported earnings results. US stocks ended higher Thursday, with the S&P 500 closing just below the key milestone of 5,000. Investors continue to take in strong earnings, with the majority of companies beating expectations so far in the latest cycle. That strength in equities should continue on the back of upbeat economic data and theincreasing odds of a "Goldilocks" scenario, according to a note from UBS strategists. "[R]ecent economic data have highlighted the potential for a period of continued stronger growth, tame inflation, and swifter monetary easing," the Swiss bank said. In this event, we believe the S&P 500 has the potential to rise to around 5,300 this year." Shares ofDisneyjumped double-digits Thursday following promising guidance from the company for the year ahead.Bob Iger's new dealswith Taylor Swift and Epic Games encouraged investors who have been monitoring his battle with activist shareholders. Chip maker Arm, meanwhile, surged 64% after the company's earnings release shed light on itsexposure to the growing AI industry. After markets close Thursday, investors will watch for results from Expedia, Take-Two Interactive, and Affirm. Treasury yields inched higher following a large auction of 30-year government bonds, which came a day after an auction of 10-year Treasurys. The sales were met with strong demand despite concerns of oversupply. Those moves come ahead of Friday's consumer price index revisions, which will provide more insight into whether the Fed has a handle on inflation. Here's where US indexes stood as the market closed at 4:00 p.m. on Thursday: • S&P 500:4,997.96, up 0.06% • Dow Jones Industrial Average:38,726.13, up 0.13% (+48.77 points) • Nasdaq Composite:15,793.71, up 0.24% Here's what else is going on: • China's deflation problemkeeps getting worse. • Passive investors have "fundamentally broken" the market, hedge fund billionaireDavid Einhornsaid. • A market veteran saidthe data that's fueled the stock marketrally is now reversing. • An energy minister saidoil prices would doubleif India didn't trade with Russia. • Here's why the S&P 500 keepscrushing record highsin 2024. • Cocoa prices have doubledas extreme weather hits supply. In commodities, bonds, and crypto: • Oil prices jumped, withWest Texas Intermediateup 3.6% to $76.50 a barrel.Brent crude, the international benchmark, moved up 3.33% to $81.85 a barrel. • Goldedged slower 0.19% to $2,047.70 per ounce. • The10-year Treasury yieldmoved higher by six basis points to 4.16%. • Bitcoinclimbed 3.25% to $45,544. Read the original article onBusiness Insider... - Reddit Posts (Sample): [['u/mehmetdayi88', 'Community Takeover $Poowel Looks Primed For New Highs', 1529, '2024-04-07 00:07', 'https://www.reddit.com/r/CryptoMoonShots/comments/1bxnoco/community_takeover_poowel_looks_primed_for_new/', "~Our New Tweet: https://twitter.com/poowel_solana/status/1776718775003332614\n\nSitting within the strongly trending PoliFi category of Solana memecoins Joram $Poowel (after FED chair Jerome Powell) is a solid pick to capitalise on the ongoing Solana memecoin mania. \n\nSurrounded by rugs & scams launched by predatory devs, $Poowel stands out as a genuine community takeover that has impressively built from $50k market cap valuation up to $4m (hitting a peak of $6m so far). \n\nAll the talk for this cycle is of a 'Barbell Portolio' where smart money focuses on Bitcoin and the ETF narrative and retail mostly flocks to Solana for cheap transactions and memecoins that 1000x within weeks. \n\nAs with previous cycles we should expect the trend to be our friend and for the 'Barbell Portfolio' to continue to outperform... with attention from the presidential election campaign leading other PoliFi tokens to $500m+ valuations I think we can safely say a solid project like $Poowel, with a transparent & highly active community team, to outperform in this sector and within Solana memes in general. \n\nMoney printing is the largest meme within this space, and the very reason for the existence of Bitcoin & crypto in the first place. \n\nJoram Poowel has built rock solid foundations and looks set to tap into this ongoing narrative of money printing and the devaluation of fiat currency by irresponsible centralised powers. \n\nThe real Powell is sure to keep the money printer running, continue adding to the gargantuan national debt and further devaluing the dollar. \n\nThe $Poowel token is currently valued at $0.004. How long until the money printer brrrrrs so hard that $Poowel ends up pegged to the dollar?\n\n1 $POOWEL = 1 $USD \n\nHow long until it catches up with the worlds biggest shitcoin? In a world where $Boden ripped 1000x in just 1 month this is entirely possible.\n\n~OUR LINKS:\n\nX: https://x.com/poowel_solana?s=21\n\nTelegram: @jerompoowel\n\nWebsite: https://pooweltothepeople.com/", 'https://www.reddit.com/r/CryptoMoonShots/comments/1bxnoco/community_takeover_poowel_looks_primed_for_new/', '1bxnoco', [['u/MyMagicJohnsonIsSick', 14, '2024-04-07 00:12', 'https://www.reddit.com/r/CryptoMoonShots/comments/1bxnoco/community_takeover_poowel_looks_primed_for_new/kydv5za/', 'Been watching this one for a while, might be time to throw in a few sol', '1bxnoco'], ['u/Doge_advocate', 12, '2024-04-07 00:15', 'https://www.reddit.com/r/CryptoMoonShots/comments/1bxnoco/community_takeover_poowel_looks_primed_for_new/kydvly3/', '$POOWEL is the only option out there. We are the new $1 step aside fed', '1bxnoco'], ['u/Nomadicboatguy', 10, '2024-04-07 00:15', 'https://www.reddit.com/r/CryptoMoonShots/comments/1bxnoco/community_takeover_poowel_looks_primed_for_new/kydvmql/', 'Moving in with size, FULL CONVICTION', '1bxnoco'], ['u/Vegeta_070', 13, '2024-04-07 00:47', 'https://www.reddit.com/r/CryptoMoonShots/comments/1bxnoco/community_takeover_poowel_looks_primed_for_new/kye0fr4/', 'Seems interesting', '1bxnoco']]], ['u/losttraveler36', 'The only thing about Litecoin that doesn’t make sense', 18, '2024-04-07 00:25', 'https://www.reddit.com/r/litecoin/comments/1bxo2xl/the_only_thing_about_litecoin_that_doesnt_make/', 'This is something I have warrior wondered about for a long time, why is the block time four times faster and not five times faster? \n\nSeems like “5X faster than bitcoin” or “2 minute block time” would roll off the tongue and adhere more to peoples favor towards nice numbers. Any info on this?\n\n Other than that I’ll just keep using and stacking LTC ', 'https://www.reddit.com/r/litecoin/comments/1bxo2xl/the_only_thing_about_litecoin_that_doesnt_make/', '1bxo2xl', [['u/Upper-Log-131', 33, '2024-04-07 02:05', 'https://www.reddit.com/r/litecoin/comments/1bxo2xl/the_only_thing_about_litecoin_that_doesnt_make/kyecc8q/', 'The only thing about litecoin that doesn’t make sense is the price', '1bxo2xl']]], ['u/CereBRO12121', 'This guy gets it!', 206, '2024-04-07 00:27', 'https://www.reddit.com/r/Bitcoin/comments/1bxo4vx/this_guy_gets_it/', 'Was thinking about selling some BTC, I took this as a sign. \n', 'https://i.redd.it/7xy80f1lqxsc1.jpeg', '1bxo4vx', [['u/ZebbHB', 20, '2024-04-07 04:44', 'https://www.reddit.com/r/Bitcoin/comments/1bxo4vx/this_guy_gets_it/kyezozn/', "No. He's just from Hof. HO stands for the City of Hof. And DL are most likely the initials of the carholder.\nSo it's just Dieter Laschbrunzler from Hof driving his car in bavaria to get some Weißwurst.", '1bxo4vx']]], ['u/Despacit0', 'Can someone help me with my portfolio?', 10, '2024-04-07 00:50', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxonl6/can_someone_help_me_with_my_portfolio/', 'Hey guys, im new to crypto space. I have my investments in stocks and last week started my research on crypto and I got convinced to start investing. Then sold some of my stocks and here we are! I started with 15k and here is my crypto account portfolio so far based on percentage.\n\nBiggest three makes up for 84% of my portfolio \n\nBTC - 61%\nSOL - 15%\nLINK - 8%\n\nOthers - 16%\n\nRNDR \nNEAR \nHBAR\nGRT\nDOT \nDOGE \nSHIB\n\nI did extensive research on BTC, SOL & LINK. I will be keeping those 3 and add money to them every week. As for the others, which should I get rid of and keep? I feel its too spread out. Thanks for your time in advance!\n\n\n', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxonl6/can_someone_help_me_with_my_portfolio/', '1bxonl6', [['u/Starkey18', 11, '2024-04-07 00:55', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxonl6/can_someone_help_me_with_my_portfolio/kye1lin/', 'Long term: 100% bitcoin\nShort term: what you’ve done is fine, just get ready for a rollercoaster', '1bxonl6']]], ['u/h82nk', 'If you don’t believe it or don’t get it, I don’t have the time to try to convince you, Sorry', 31, '2024-04-07 01:03', 'https://www.reddit.com/r/AerodromeFinance/comments/1bxoyva/if_you_dont_believe_it_or_dont_get_it_i_dont_have/', 'Hey Aeronauts! 🚀\n\nWith Bitcoin starting to pump, it\'s the perfect time to look at the bigger picture and appreciate the strides we\'ve made with Aerodrome. Remember what Satoshi said, "I*f you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry*." Our belief in the fundamentals is what sets us apart.\n\nAerodrome is making waves with its latest updates, enhancing user experience and liquidity options. We\'re not just preparing for the bull run; we\'re leading the charge!\n\nHere are some promising data points:\n\n* **Total Value Locked (TVL):** We\'ve seen significant growth in TVL, indicating increased trust and participation in the Aerodrome ecosystem.\n* **Volume:** Trading volumes are on the rise, showcasing the platform\'s growing popularity and activity.\n* **Swap Fees:** Higher swap fees reflect the vibrant trading environment, directly benefiting our loyal AERO holders.\n\nThe crypto journey is a marathon, not a sprint. Let\'s keep stacking, stay patient, and trust in the long-term potential of our investments. Ignore the short-term noise and stay focused on the ultimate goal.\n\nWe\'re all in this together, and the best is yet to come. With the Aerodrome community\'s unwavering support, we\'re not just aiming for the moon – we\'re aiming for the mars! 🌟\n\nhttps://preview.redd.it/jvshs2ktwxsc1.png?width=1024&format=png&auto=webp&s=e0b278f4fdea23c07037209acbae0289a96f521a', 'https://www.reddit.com/r/AerodromeFinance/comments/1bxoyva/if_you_dont_believe_it_or_dont_get_it_i_dont_have/', '1bxoyva', [['u/Father_Time_101', 12, '2024-04-07 01:10', 'https://www.reddit.com/r/AerodromeFinance/comments/1bxoyva/if_you_dont_believe_it_or_dont_get_it_i_dont_have/kye3zz1/', 'Remember, John, you are not alone in your struggles. There are people who care about you and want to help you, like me.', '1bxoyva']]], ['u/Carl_Menger21', 'I will buy and hold BTC for the rest of my life. No matter what others tell me.', 497, '2024-04-07 01:39', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/', 'Hey Bitcoiner,\n\nI\'m at a point where I am more than 100% convinced in what I\'m doing.\nI will work, save in Bitcoin, hold and repeat. \n"But what if the price will crash?" - that\'s human psychology, I don\'t look at the price \nBitcoin will crash again and again and again and it\'s okay\n\nI understood it. There is only 1 network in the entire world which is absolutely scarce. Bitcoin.\nBitcoin not crypto. Bitcoin nothing else.\n\nYou can find more gold, you can find more silver, they will buy more houses, they will print infinitely more fiat and altcoins can be changed (because they aren\'t decentralized at all. It\'s always a group of people who can decide the rules).\n\nNo single identity can change the supply of Bitcoin. Never. It\'s not a question of software. It\'s a social question.\nIf someone wants to change the 21M supply he would have to convince thsousands of people which are running a node to accept his rules.\n\nBitcoin is the only decentralized timestamp. Bitcoin is the monetary black hole because everything will extend but only BTC will be fixed.\nBitcoin is the hardest money ever invented/discovered and everyone can run his own node, have his own private keys and nobody can stop it.\nBitcoin is the solution to humanity\'s money problem since there are humans on this planet.\n\nIf someone tells me: "no you shall not put everything into one basket." \nThen I know with 100% certainty that this person is new to Bitcoin or to lazy to study it.\nI thought the same at the beginning. After many years of studying I know there is only 1. Bitcoin.\n\nThanks for your time reading it.\n\nYours sincerely,\nA young Bitcoiner', 'https://www.r... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69
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:** ['Attendance is down, but enthusiasm is up at Hong Kong\'s Web3 Festival this year amid sky-high bitcoin prices that have helped draw in an even greater proportion of overseas participants compared with last year.\nThe vast majority of participants - an estimated 80 per cent - came from outside Hong Kong, said Deputy Financial Secretary Michael Wong Wai-lun on Saturday in his opening remarks. The 2024 conference has seen more exhibitors from Europe and the US specifically, according to Lu Weiding, CEO of Wanxiang Group, which owns the event organiser HashKey Group.\nAs Hong Kong forges ahead with its push to transform into a major crypto hub, it has been attracting more Web3 events to the city and trying to bring in big-name speakers. Investor Cathie Wood, founder of US funds manager ARK Invest, was the most high-profile speaker at this year\'s Web3 Festival, although she dialled in remotely for a video chat. She praised Hong Kong\'s regulatory efforts and suggested the US is lagging behind.\nDo you have questions about the biggest topics and trends from around the world? Get the answers withSCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team.\nARK Invest founder Cathie Wood speaks during a fireside chat with HashKey Capital at the Hong Kong Web3 Festival on April 6, 2024. Photo: SCMP / Matt Haldane alt=ARK Invest founder Cathie Wood speaks during a fireside chat with HashKey Capital at the Hong Kong Web3 Festival on April 6, 2024. Photo: SCMP / Matt Haldane>\n"We are very impressed with what [Hong Kong] has done in providing a comprehensive regulatory framework for exchanges and institutions from a custody point of view," Wood said in an onstage interview with HashKey Capital. "This regulatory clarity is critical, we think, to enabling the proliferation of the technology faster perhaps in Hong Kong than in the United States."\nWood encouraged businesses in Hong Kong to take advantage of existing regulatory arbitrage as a "global opportunity". She also offered an extremely optimistic view of where the price of bitcoin is headed: US$1.5 million by 2030. Its record price was more than US$73,000 on March 13 and currently sits around US$68,000.\nThis year\'s Web3 Festival started shortly after the conclusion of the WOW Summit and the Liquidity 2024 Institutional Digital Asset Summit, which both dealt with crypto-related topics. Even more events are planned for later this year.\nMay will see both Wiki Finance Expo and Bitcoin Asia, and Chainlink will host its SmartCon event in Hong Kong in October. CoinDesk - recently acquired by crypto exchange Bullish, which has strong ties to the city - will bring its major Consensus conference to Hong Kong next year.\nStill, the flood of events risks dividing attention, especially with so many other major events taking place in other locations. Token2049 - which holds its flagship event in Singapore and once took place in Hong Kong - is hosting its Dubai conference in two weeks. Paris Blockchain Week is also this week, and ETH Seoul was the last three days of March.\nWith other events clustered so closely together, the Web3 Festival was smaller in scale than last year, which happened a few months after Hong Kong announced it\'s big crypto push.\nThe event this year covers less area in the Convention and Exhibition Centre in Wan Chai, and it has fewer exhibitors, according to HashKey Exchange CEO Livio Weng. However, the event has more sponsorship revenue than last year, and there are more side events, he said.\nHong Kong has maintained its commitment to trying to draw the crypto industry to the city after a number of high-profile scandals and collapses in 2022 and 2023. A mandatory licensing scheme that took effect last year was meant to provide regulatory clarity to make the market more attractive. It has drawn24 applicants so far.\nThe city is also moving toregulate stablecoinsandover-the-counter cryptocurrency shops. Many are anticipating the approval of spot bitcoin ETFs, as well.\n"Hong Kong remains the most exciting global opportunity anywhere for a firm wanting to build a virtual assets business or invest in virtual assets," said Sean Lawrence, head of Asia-Pacific at crypto data provider Kaiko. The city\'s advantages include supportive and clear policy directives, a talent pool with experience in traditional finance, and capital to be allocated to virtual assets, he added.\nHowever, he noted that entrepreneurs and investors should be "prepared to commit significant time, money and effort", which are necessary to build consumer-protected, sustainable businesses in Hong Kong.\nThis article originally appeared in theSouth China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore theSCMP appor visit the SCMP\'sFacebookandTwitterpages. Copyright © 2024 South China Morning Post Publishers Ltd. All rights reserved.\nCopyright (c) 2024. South China Morning Post Publishers Ltd. All rights reserved.', 'Dubai, UAE, April 07, 2024 (GLOBE NEWSWIRE) -- In the ever-turbulent sea of cryptocurrency investments, a significant shift in investor strategy has emerged, with many choosing to redistribute their Bitcoin (BTC) holdings to capitalize on the recent surge in Bitcoin Cash (BCH). This strategic reallocation underscores a broader narrative within the digital currency space, where Bitcoin Cash\'s pump has not only caught the attention of seasoned investors but has also sparked discussions about the future trajectory of both cryptocurrencies. Amidst this reorientation,Shiba Budz (BUDZ)emerges as a compelling narrative, offering a fresh investment avenue alongside the titans of Bitcoin (BTC) and Bitcoin Cash (BCH).\nBitcoin (BTC) vs. Bitcoin Cash (BCH): A Shift in Momentum\nFor years, Bitcoin (BTC) has held the crown as the undisputed leader of the cryptocurrency world, with its pioneering technology and unmatched market capitalization. However, Bitcoin Cash (BCH), a fork ofBitcoin (BTC)aimed at addressing scalability issues, has recently seen a significant uptick in investor interest. This surge in Bitcoin Cash (BCH) has led many investors to reassess their portfolios, with some choosing to split their Bitcoin (BTC) bags to join the promising pump in BCH.\nThe Bitcoin Cash (BCH) Surge: A Catalyst for Change\nThe recent pump in Bitcoin Cash (BCH) has been a wake-up call for the crypto community, highlighting the potential for high returns outside of traditionalBitcoin (BTC)investments. Investors, attracted byBitcoin Cash\'s (BCH)lower transaction fees and faster processing times, view BCH as a practical alternative to BTC for daily transactions and speculative investments. This shift has been fueled by Bitcoin Cash\'s (BCH) efforts to position itself as a more user-friendly version of Bitcoin (BTC), capable of facilitating widespread adoption of cryptocurrency.\nShiba Budz (BUDZ): A New Player Emerges\nIn the midst of the BTC versus BCH debate,Shiba Budz (BUDZ)offers a unique proposition for investors seeking diversification and novelty. As a new entrant in the cryptocurrency market, BUDZ taps into the growing interest in meme coins and NFTs, providing a platform that blends entertainment with investment potential. Shiba Budz (BUDZ) stands out for its commitment to creating a vibrant ecosystem around digital collectibles, appealing to a new generation of investors drawn to the intersection of pop culture and digital currency.\nInvestor Strategy: Balancing BTC, BCH, and BUDZ\nThe diverging paths of Bitcoin (BTC) and Bitcoin Cash (BCH), coupled with the rise ofShiba Budz (BUDZ),present a complex landscape for investors. Those reallocating their Bitcoin (BTC) holdings to capitalize onBitcoin Cash\'s (BCH)pump are also exploring opportunities like BUDZ, which offer a different risk-reward profile. By spreading their investments across BTC, BCH, and BUDZ, investors can balance potential gains from established cryptocurrencies with the speculative upside of emerging tokens.\nWhat\'s Next for BTC, BCH, and BUDZ?\nAs the crypto market continues to evolve, the dynamic between Bitcoin (BTC), Bitcoin Cash (BCH), andShiba Budz (BUDZ)will likely influence future investment strategies. Bitcoin (BTC) remains a cornerstone of the cryptocurrency world, offering stability and long-term value. Bitcoin Cash (BCH), with its recent surge, demonstrates the potential for alternative coins to challenge established norms and deliver substantial returns. Meanwhile, Shiba Budz (BUDZ) represents the next frontier of crypto investments, where meme culture and technological innovation converge.\nConclusion: Navigating the Crypto Landscape\nThe redistribution of Bitcoin (BTC) holdings in favor of Bitcoin Cash (BCH) and the emerging interest inShiba Budz (BUDZ)underscore a broader trend in cryptocurrency investments. As investors seek to maximize returns and explore new avenues, the balance between traditional and novel cryptocurrencies becomes increasingly important. With BTC, BCH, and BUDZ each offering distinct advantages, the key for investors lies in strategic diversification, ensuring exposure to both the stability of established tokens and the growth potential of emerging digital currencies.\nFor more information on the Shiba Budz (BUDZ) Presale:\nPresale Website:SHIBA BUDZ (BUDZ)\nUse Promo Codebudzmoon30to get 30% bonus\nJoin and become a BUDZ member:\nTelegram:https://t.me/ShibaBudzP2E\nTwitter:SHIBA BUDZ "$BUDZ" (@ShibaBudz) / X\nDisclaimer:\xa0The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.\nCONTACT: Alan smith support at shibabudz.org', 'Duba **Last 60 Days of Bitcoin's Closing Prices:** [44318.22, 45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-07 **Financial & Commodity Data:** - Gold Closing Price: $2325.70 - Crude Oil Closing Price: $86.91 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,368,071,410,875 - Hash Rate: 702485126.7166051 - Transaction Count: 526130.0 - Unique Addresses: 652726.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.78 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • US stocks rose Thursday but the S&P 500 fell just shy of the 5,000 milestone. • Investors continue to take in better-than-expected earnings and fresh Fed comments. • Shares of the chip-maker Arm saw a massive 64% rally after it reported earnings results. US stocks ended higher Thursday, with the S&P 500 closing just below the key milestone of 5,000. Investors continue to take in strong earnings, with the majority of companies beating expectations so far in the latest cycle. That strength in equities should continue on the back of upbeat economic data and theincreasing odds of a "Goldilocks" scenario, according to a note from UBS strategists. "[R]ecent economic data have highlighted the potential for a period of continued stronger growth, tame inflation, and swifter monetary easing," the Swiss bank said. In this event, we believe the S&P 500 has the potential to rise to around 5,300 this year." Shares ofDisneyjumped double-digits Thursday following promising guidance from the company for the year ahead.Bob Iger's new dealswith Taylor Swift and Epic Games encouraged investors who have been monitoring his battle with activist shareholders. Chip maker Arm, meanwhile, surged 64% after the company's earnings release shed light on itsexposure to the growing AI industry. After markets close Thursday, investors will watch for results from Expedia, Take-Two Interactive, and Affirm. Treasury yields inched higher following a large auction of 30-year government bonds, which came a day after an auction of 10-year Treasurys. The sales were met with strong demand despite concerns of oversupply. Those moves come ahead of Friday's consumer price index revisions, which will provide more insight into whether the Fed has a handle on inflation. Here's where US indexes stood as the market closed at 4:00 p.m. on Thursday: • S&P 500:4,997.96, up 0.06% • Dow Jones Industrial Average:38,726.13, up 0.13% (+48.77 points) • Nasdaq Composite:15,793.71, up 0.24% Here's what else is going on: • China's deflation problemkeeps getting worse. • Passive investors have "fundamentally broken" the market, hedge fund billionaireDavid Einhornsaid. • A market veteran saidthe data that's fueled the stock marketrally is now reversing. • An energy minister saidoil prices would doubleif India didn't trade with Russia. • Here's why the S&P 500 keepscrushing record highsin 2024. • Cocoa prices have doubledas extreme weather hits supply. In commodities, bonds, and crypto: • Oil prices jumped, withWest Texas Intermediateup 3.6% to $76.50 a barrel.Brent crude, the international benchmark, moved up 3.33% to $81.85 a barrel. • Goldedged slower 0.19% to $2,047.70 per ounce. • The10-year Treasury yieldmoved higher by six basis points to 4.16%. • Bitcoinclimbed 3.25% to $45,544. Read the original article onBusiness Insider... - Reddit Posts (Sample): [['u/mehmetdayi88', 'Community Takeover $Poowel Looks Primed For New Highs', 1529, '2024-04-07 00:07', 'https://www.reddit.com/r/CryptoMoonShots/comments/1bxnoco/community_takeover_poowel_looks_primed_for_new/', "~Our New Tweet: https://twitter.com/poowel_solana/status/1776718775003332614\n\nSitting within the strongly trending PoliFi category of Solana memecoins Joram $Poowel (after FED chair Jerome Powell) is a solid pick to capitalise on the ongoing Solana memecoin mania. \n\nSurrounded by rugs & scams launched by predatory devs, $Poowel stands out as a genuine community takeover that has impressively built from $50k market cap valuation up to $4m (hitting a peak of $6m so far). \n\nAll the talk for this cycle is of a 'Barbell Portolio' where smart money focuses on Bitcoin and the ETF narrative and retail mostly flocks to Solana for cheap transactions and memecoins that 1000x within weeks. \n\nAs with previous cycles we should expect the trend to be our friend and for the 'Barbell Portfolio' to continue to outperform... with attention from the presidential election campaign leading other PoliFi tokens to $500m+ valuations I think we can safely say a solid project like $Poowel, with a transparent & highly active community team, to outperform in this sector and within Solana memes in general. \n\nMoney printing is the largest meme within this space, and the very reason for the existence of Bitcoin & crypto in the first place. \n\nJoram Poowel has built rock solid foundations and looks set to tap into this ongoing narrative of money printing and the devaluation of fiat currency by irresponsible centralised powers. \n\nThe real Powell is sure to keep the money printer running, continue adding to the gargantuan national debt and further devaluing the dollar. \n\nThe $Poowel token is currently valued at $0.004. How long until the money printer brrrrrs so hard that $Poowel ends up pegged to the dollar?\n\n1 $POOWEL = 1 $USD \n\nHow long until it catches up with the worlds biggest shitcoin? In a world where $Boden ripped 1000x in just 1 month this is entirely possible.\n\n~OUR LINKS:\n\nX: https://x.com/poowel_solana?s=21\n\nTelegram: @jerompoowel\n\nWebsite: https://pooweltothepeople.com/", 'https://www.reddit.com/r/CryptoMoonShots/comments/1bxnoco/community_takeover_poowel_looks_primed_for_new/', '1bxnoco', [['u/MyMagicJohnsonIsSick', 14, '2024-04-07 00:12', 'https://www.reddit.com/r/CryptoMoonShots/comments/1bxnoco/community_takeover_poowel_looks_primed_for_new/kydv5za/', 'Been watching this one for a while, might be time to throw in a few sol', '1bxnoco'], ['u/Doge_advocate', 12, '2024-04-07 00:15', 'https://www.reddit.com/r/CryptoMoonShots/comments/1bxnoco/community_takeover_poowel_looks_primed_for_new/kydvly3/', '$POOWEL is the only option out there. We are the new $1 step aside fed', '1bxnoco'], ['u/Nomadicboatguy', 10, '2024-04-07 00:15', 'https://www.reddit.com/r/CryptoMoonShots/comments/1bxnoco/community_takeover_poowel_looks_primed_for_new/kydvmql/', 'Moving in with size, FULL CONVICTION', '1bxnoco'], ['u/Vegeta_070', 13, '2024-04-07 00:47', 'https://www.reddit.com/r/CryptoMoonShots/comments/1bxnoco/community_takeover_poowel_looks_primed_for_new/kye0fr4/', 'Seems interesting', '1bxnoco']]], ['u/losttraveler36', 'The only thing about Litecoin that doesn’t make sense', 18, '2024-04-07 00:25', 'https://www.reddit.com/r/litecoin/comments/1bxo2xl/the_only_thing_about_litecoin_that_doesnt_make/', 'This is something I have warrior wondered about for a long time, why is the block time four times faster and not five times faster? \n\nSeems like “5X faster than bitcoin” or “2 minute block time” would roll off the tongue and adhere more to peoples favor towards nice numbers. Any info on this?\n\n Other than that I’ll just keep using and stacking LTC ', 'https://www.reddit.com/r/litecoin/comments/1bxo2xl/the_only_thing_about_litecoin_that_doesnt_make/', '1bxo2xl', [['u/Upper-Log-131', 33, '2024-04-07 02:05', 'https://www.reddit.com/r/litecoin/comments/1bxo2xl/the_only_thing_about_litecoin_that_doesnt_make/kyecc8q/', 'The only thing about litecoin that doesn’t make sense is the price', '1bxo2xl']]], ['u/CereBRO12121', 'This guy gets it!', 206, '2024-04-07 00:27', 'https://www.reddit.com/r/Bitcoin/comments/1bxo4vx/this_guy_gets_it/', 'Was thinking about selling some BTC, I took this as a sign. \n', 'https://i.redd.it/7xy80f1lqxsc1.jpeg', '1bxo4vx', [['u/ZebbHB', 20, '2024-04-07 04:44', 'https://www.reddit.com/r/Bitcoin/comments/1bxo4vx/this_guy_gets_it/kyezozn/', "No. He's just from Hof. HO stands for the City of Hof. And DL are most likely the initials of the carholder.\nSo it's just Dieter Laschbrunzler from Hof driving his car in bavaria to get some Weißwurst.", '1bxo4vx']]], ['u/Despacit0', 'Can someone help me with my portfolio?', 10, '2024-04-07 00:50', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxonl6/can_someone_help_me_with_my_portfolio/', 'Hey guys, im new to crypto space. I have my investments in stocks and last week started my research on crypto and I got convinced to start investing. Then sold some of my stocks and here we are! I started with 15k and here is my crypto account portfolio so far based on percentage.\n\nBiggest three makes up for 84% of my portfolio \n\nBTC - 61%\nSOL - 15%\nLINK - 8%\n\nOthers - 16%\n\nRNDR \nNEAR \nHBAR\nGRT\nDOT \nDOGE \nSHIB\n\nI did extensive research on BTC, SOL & LINK. I will be keeping those 3 and add money to them every week. As for the others, which should I get rid of and keep? I feel its too spread out. Thanks for your time in advance!\n\n\n', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxonl6/can_someone_help_me_with_my_portfolio/', '1bxonl6', [['u/Starkey18', 11, '2024-04-07 00:55', 'https://www.reddit.com/r/CryptoCurrency/comments/1bxonl6/can_someone_help_me_with_my_portfolio/kye1lin/', 'Long term: 100% bitcoin\nShort term: what you’ve done is fine, just get ready for a rollercoaster', '1bxonl6']]], ['u/h82nk', 'If you don’t believe it or don’t get it, I don’t have the time to try to convince you, Sorry', 31, '2024-04-07 01:03', 'https://www.reddit.com/r/AerodromeFinance/comments/1bxoyva/if_you_dont_believe_it_or_dont_get_it_i_dont_have/', 'Hey Aeronauts! 🚀\n\nWith Bitcoin starting to pump, it\'s the perfect time to look at the bigger picture and appreciate the strides we\'ve made with Aerodrome. Remember what Satoshi said, "I*f you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry*." Our belief in the fundamentals is what sets us apart.\n\nAerodrome is making waves with its latest updates, enhancing user experience and liquidity options. We\'re not just preparing for the bull run; we\'re leading the charge!\n\nHere are some promising data points:\n\n* **Total Value Locked (TVL):** We\'ve seen significant growth in TVL, indicating increased trust and participation in the Aerodrome ecosystem.\n* **Volume:** Trading volumes are on the rise, showcasing the platform\'s growing popularity and activity.\n* **Swap Fees:** Higher swap fees reflect the vibrant trading environment, directly benefiting our loyal AERO holders.\n\nThe crypto journey is a marathon, not a sprint. Let\'s keep stacking, stay patient, and trust in the long-term potential of our investments. Ignore the short-term noise and stay focused on the ultimate goal.\n\nWe\'re all in this together, and the best is yet to come. With the Aerodrome community\'s unwavering support, we\'re not just aiming for the moon – we\'re aiming for the mars! 🌟\n\nhttps://preview.redd.it/jvshs2ktwxsc1.png?width=1024&format=png&auto=webp&s=e0b278f4fdea23c07037209acbae0289a96f521a', 'https://www.reddit.com/r/AerodromeFinance/comments/1bxoyva/if_you_dont_believe_it_or_dont_get_it_i_dont_have/', '1bxoyva', [['u/Father_Time_101', 12, '2024-04-07 01:10', 'https://www.reddit.com/r/AerodromeFinance/comments/1bxoyva/if_you_dont_believe_it_or_dont_get_it_i_dont_have/kye3zz1/', 'Remember, John, you are not alone in your struggles. There are people who care about you and want to help you, like me.', '1bxoyva']]], ['u/Carl_Menger21', 'I will buy and hold BTC for the rest of my life. No matter what others tell me.', 497, '2024-04-07 01:39', 'https://www.reddit.com/r/Bitcoin/comments/1bxprmz/i_will_buy_and_hold_btc_for_the_rest_of_my_life/', 'Hey Bitcoiner,\n\nI\'m at a point where I am more than 100% convinced in what I\'m doing.\nI will work, save in Bitcoin, hold and repeat. \n"But what if the price will crash?" - that\'s human psychology, I don\'t look at the price \nBitcoin will crash again and again and again and it\'s okay\n\nI understood it. There is only 1 network in the entire world which is absolutely scarce. Bitcoin.\nBitcoin not crypto. Bitcoin nothing else.\n\nYou can find more gold, you can find more silver, they will buy more houses, they will print infinitely more fiat and altcoins can be changed (because they aren\'t decentralized at all. It\'s always a group of people who can decide the rules).\n\nNo single identity can change the supply of Bitcoin. Never. It\'s not a question of software. It\'s a social question.\nIf someone wants to change the 21M supply he would have to convince thsousands of people which are running a node to accept his rules.\n\nBitcoin is the only decentralized timestamp. Bitcoin is the monetary black hole because everything will extend but only BTC will be fixed.\nBitcoin is the hardest money ever invented/discovered and everyone can run his own node, have his own private keys and nobody can stop it.\nBitcoin is the solution to humanity\'s money problem since there are humans on this planet.\n\nIf someone tells me: "no you shall not put everything into one basket." \nThen I know with 100% certainty that this person is new to Bitcoin or to lazy to study it.\nI thought the same at the beginning. After many years of studying I know there is only 1. Bitcoin.\n\nThanks for your time reading it.\n\nYours sincerely,\nA young Bitcoiner', 'https://www.r... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Genesis, a bankrupt cryptocurrency lending firm, hasreportedlysold 36 million shares of the Grayscale Bitcoin Trust (GBTC) in order to acquire additionalBitcoin (BTC)and settle its debts with creditors. The sale took place on April 2, with each share valued at around $58.50 at that time, resulting in a total amount of $2.1 billion.\nGenesis initially sought permission from a US bankruptcy court to sell these GBTC shares on February 2, when they were priced at $38.50. The US judge overruled a filing by Digital Currency Group (DCG) to consult on the sales. DCG is the parent company of Genesis and Grayscale.\nWith the funds raised from the sale, Genesis purchased 32,041 Bitcoin at a price of $65,685 per BTC. The Bitcoin acquired by Genesis is currently worth around $2.18 billion. This move is part of the company's efforts to repay its creditors. However, cryptocurrency exchange Coinbase recently stated that the sell-off is not expected to have a significant impact on the broader crypto market, as the “funds will likely remain within the crypto ecosystem.”\nUnder the bankruptcy plan, Genesis had the option to convert the GBTC shares into Bitcoin on behalf of the creditors or sell the shares and distribute the cash. The rules allowed for either approach. Genesis filed for Chapter 11 bankruptcy in January 2023.", "Genesis, a bankrupt cryptocurrency lending firm, hasreportedlysold 36 million shares of the Grayscale Bitcoin Trust (GBTC) in order to acquire additionalBitcoin (BTC)and settle its debts with creditors. The sale took place on April 2, with each share valued at around $58.50 at that time, resulting in a total amount of $2.1 billion.\nGenesis initially sought permission from a US bankruptcy court to sell these GBTC shares on February 2, when they were priced at $38.50. The US judge overruled a filing by Digital Currency Group (DCG) to consult on the sales. DCG is the parent company of Genesis and Grayscale.\nWith the funds raised from the sale, Genesis purchased 32,041 Bitcoin at a price of $65,685 per BTC. The Bitcoin acquired by Genesis is currently worth around $2.18 billion. This move is part of the company's efforts to repay its creditors. However, cryptocurrency exchange Coinbase recently stated that the sell-off is not expected to have a significant impact on the broader crypto market, as the “funds will likely remain within the crypto ecosystem.”\nUnder the bankruptcy plan, Genesis had the option to convert the GBTC shares into Bitcoin on behalf of the creditors or sell the shares and distribute the cash. The rules allowed for either approach. Genesis filed for Chapter 11 bankruptcy in January 2023.", 'As of April 5, theNasdaq Composite Indexhas soared 43% in 2024. This performance has been lifted by strong gains for dominant tech companies.\nBut the cryptocurrency market has said, "Not so fast." From the beginning of last year to today, the digital asset industry\'s entire value has more than tripled. Investors are flocking to the riskiest asset class in dramatic fashion.\nIt\'s no surprise that some of the most speculative tokens are experiencing strong momentum, particularly more recently. For example,Shiba Inu(CRYPTO: SHIB)has skyrocketed roughly 150% in the past few weeks. Maybe there\'s growing interest that morespot ETFswill be approved followingBitcoin.\nEven after its run-up, perhaps some daring investors are ready to buy Shiba Inu on the dip while it\'s still significantly below $0.01. Is that a smart idea?\nAt The Motley Fool, we urge investors to adopt a long-term mentality. That means thinking in terms of the next five years, and ideally more. This makes worrying about the next few months or quarters seem silly.\nWhile it\'s important to think this way when it comes to stocks, it\'s also critical to adopt this mindset with cryptocurrencies. It\'s so easy to get caught up in short-term price movements, especially when they\'re as wild as what can happen with digital tokens. But what matters at the end of the day are the fundamentals.\nWith this mental framework, investors looking to buy Shiba Inu should start to ask if there\'s really any point to this cryptocurrency. To be fair, I\'ll give the founders credit for creating a $16 billion blockchain network in less than four years. Given that the crypto industry values having a strong community of supporters, viewed in this light, Shiba Inu might be a smashing success for some.\nBut going back to that long-term mindset, investors need to wonder where Shiba Inu could be a decade from now. I\'m a firm believer that for any cryptocurrency to survive, it will eventually need to figure out how to raise utility and gain broad adoption.\nBy being built on top of theEthereumnetwork, Shiba Inu was created differently from its inspiration,Dogecoin, which is its own blockchain. This makes Shiba Inu\'s native token, SHIB, compatible with the vast ecosystem of Ethereumdecentralized applicationsout there.\nHowever, I suspect Shiba Inu isn\'t used much for its intended purpose, like to purchase non-fungible tokens, use decentralized finance protocols, or buy virtual land in the metaverse. It doesn\'t even crack the top 100 cryptocurrencies when it comes to developer activity. That doesn\'t bode well for its future.\nShiba Inu currently trades 70% below its peak price. The all-time high was during the raging bull market of 2021. I\'m not sure this type of run will happen again.\nWarren Buffett once said that investors should be comfortable buying a stock if the market closed for the next five years. Applying this time of thinking to cryptocurrencies might seem crazy given how volatile the industry is and how much change happens, but it\'s a valuable perspective to have. I don\'t believe anyone could view an investment in Shiba Inu in this light. Five years from now, there\'s a significant probability that its value will approach zero.\nThe only reason to buy it is if you think you can correctly time the market, with the hope of buying at the lows and selling after massive bull runs. But no one can do this successfully on a consistent basis.\nEven with Shiba Inu trading well below a penny, it\'s best not to park your hard-earned savings in it.\nBefore you buy stock in Shiba Inu, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Shiba Inu wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $539,230!*\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*.\nSee the 10 stocks »\n*Stock Advisor returns as of April 4, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nShould You Buy Shiba Inu While It\'s Less Than a Penny?was originally published by The Motley Fool', "• Bitcoin rose above $71,000 in Asian afternoon hours for the first time since April 1 ahead of the reward halving expected later this month, boosting Ordinal and BRC-20 ecosystem bets.\n• The halving will reduce the rate at which new coins are created, an event that has historically preceded a bull market for the cryptocurrency.\nBitcoin topped $71,000 in Asian trading hours Monday ahead of the reward halving expected on April 20, giving some Ordinal and BRC-20 ecosystem bets a boost even as the broader crypto market remained little changed.\nBTC rose 2% in the past 24 hours taking it to the highest since April 1, data from CoinGecko shows. The broad-basedCoinDesk 20, an index of the most liquid tokens excluding stablecoins, was up 0.43%.\nWhen halving occurs, the reward for mining transactions is cut by 50%, reducing the rate at which new coins are created and thus lowering the available new supply. This has historically preceded a bull market for the token.\nThe current block reward is 6.25 BTC, and will drop to 3.125 BTC after the halving. Open interest on BTC-tracked futures has maintained record-high levels at above $25 billion for a few weeks, indicative of leveraged bets on more expected price volatility.\nSome Bitcoin ecosystem tokens and projects rose as traders expect a BTC rally following thehalving event. Such bets are a way to gain proxy exposure to bitcoin's rise without using futures products or leverage.\nData shows Ordinals volumes were higher than those of usual leaders Ethereum and Solana in the past week, led by NodeMonkes and Pups. Non-fungible token (NFT) buying and selling activity declined 95% across all networks in the same period, suggestive of an isolated rise in Ordinals.\nThe BRC-20 category of tokens gained nearly 6% in the past 24 hours. Infrastructure token Multibit (MULTI) rose 22%, while meme coins pepe {{PEPE}}, alex (ALEX) and pizza (PIZA) rose as much as 60%.\nPUPS, the token of the Pups Ordinal, lost 22% as traders took profits after a 500% jump over the weekend.\nOrdinals are a way to embed data into the Bitcoin blockchain by inscribing references to digital art into small bitcoin-based transactions. The BRC-20 standard (BRC stands for Bitcoin Request for Comment) was introduced last year to allow users to issue transferable tokens directly through the network for the first time.", "• Bitcoin rose above $71,000 in Asian afternoon hours for the first time since April 1 ahead of the reward halving expected later this month, boosting Ordinal and BRC-20 ecosystem bets.\n• The halving will reduce the rate at which new coins are created, an event that has historically preceded a bull market for the cryptocurrency.\nBitcoin topped $71,000 in Asian tra **Last 60 Days of Bitcoin's Closing Prices:** [45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-08 **Financial & Commodity Data:** - Gold Closing Price: $2331.70 - Crude Oil Closing Price: $86.43 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,417,099,858,250 - Hash Rate: 652897941.3013152 - Transaction Count: 455617.0 - Unique Addresses: 685180.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.76 **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 has rallied 11.5% in 24 hours, printinghighs near $57,000for the first time since late 2021. Traders from Bitfinex led the charge, snapping up $123 million worth of bitcoin during early trading in Asia, according to data tracked by pseudonymous analyst “exitpump.” Forcedunwinding of short betsand decentspot buyingon Binance added to the bullish momentum, which, as usual, lifted the broader market higher. TheCoinDesk 20 Index, a wider market gauge, gained more than 8% over the same period. Pantera founder Dan Morehead said the spot ETFs have brought in a wave of institutional capital into the bitcoin market, explaining the rally. Inflows to the tune of 3,000 BTC per day, coupled with the impending 50% decline in daily BTC generation to 450 following April’s reward halving, means potential for price appreciation, Morehead explained, saying, “Crypto Spring has arrived early.” Turks looking to diversify into alternative assets to beat domesticinflationcan now trade cryptocurrencies on a platform owned by OKX, the world’s fourth-largest by trading volumes.OKX announcedthe launch ofOKX.TR,a localized version of the platform in Turkey, with trading pairs denominated in Turkish lira. “Turkey is a very important and special market for us. It ranks high in terms of crypto adoption and crypto transaction volume,” OKX President Hong Fang said in an interview with CoinDesk. In 2021, Turkish citizens, facing high inflation and a fiat currency crisis,poured money intostablecoin tether and memecoin SHIB. Uniswap’s native governance token UNIsurged 60%on Friday after the decentralized exchange proposed distributing protocol fees to token stakers.The price rally saw a whale address, which received 5.44 million UNI in 2020,liquidate 90,000 tokensfor $1.03 million,according to data tracked by blockchain sleuth Lookonchain. The wallet still holds 926,000 UNI tokens worth $10.6 million. At press time, UNI changed hands at $11.08, slightly down from Friday highs above $12.80. The token has gained 53% this year. • The chart shows a 24-hour change in bitcoin options, open interest, or the number of active option contracts, at various strike levels. • Open interest has increased in call options at strikes $58,000, $60,000 and higher. • Call options give the purchaser the right but not the obligation to buy the underlying asset at a predetermined price at a later date. A call buyer is implicitly bullish on the market. • Source: Amberdata - Omkar Godbole • Ether Demand Is Driven by U.S. Investors, Data Shows • Stablecoin USDC Is Making a Comeback: Coinbase • HTX Withdraws Hong Kong Crypto Exchange Application... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Genesis, a bankrupt cryptocurrency lending firm, hasreportedlysold 36 million shares of the Grayscale Bitcoin Trust (GBTC) in order to acquire additionalBitcoin (BTC)and settle its debts with creditors. The sale took place on April 2, with each share valued at around $58.50 at that time, resulting in a total amount of $2.1 billion.\nGenesis initially sought permission from a US bankruptcy court to sell these GBTC shares on February 2, when they were priced at $38.50. The US judge overruled a filing by Digital Currency Group (DCG) to consult on the sales. DCG is the parent company of Genesis and Grayscale.\nWith the funds raised from the sale, Genesis purchased 32,041 Bitcoin at a price of $65,685 per BTC. The Bitcoin acquired by Genesis is currently worth around $2.18 billion. This move is part of the company's efforts to repay its creditors. However, cryptocurrency exchange Coinbase recently stated that the sell-off is not expected to have a significant impact on the broader crypto market, as the “funds will likely remain within the crypto ecosystem.”\nUnder the bankruptcy plan, Genesis had the option to convert the GBTC shares into Bitcoin on behalf of the creditors or sell the shares and distribute the cash. The rules allowed for either approach. Genesis filed for Chapter 11 bankruptcy in January 2023.", "Genesis, a bankrupt cryptocurrency lending firm, hasreportedlysold 36 million shares of the Grayscale Bitcoin Trust (GBTC) in order to acquire additionalBitcoin (BTC)and settle its debts with creditors. The sale took place on April 2, with each share valued at around $58.50 at that time, resulting in a total amount of $2.1 billion.\nGenesis initially sought permission from a US bankruptcy court to sell these GBTC shares on February 2, when they were priced at $38.50. The US judge overruled a filing by Digital Currency Group (DCG) to consult on the sales. DCG is the parent company of Genesis and Grayscale.\nWith the funds raised from the sale, Genesis purchased 32,041 Bitcoin at a price of $65,685 per BTC. The Bitcoin acquired by Genesis is currently worth around $2.18 billion. This move is part of the company's efforts to repay its creditors. However, cryptocurrency exchange Coinbase recently stated that the sell-off is not expected to have a significant impact on the broader crypto market, as the “funds will likely remain within the crypto ecosystem.”\nUnder the bankruptcy plan, Genesis had the option to convert the GBTC shares into Bitcoin on behalf of the creditors or sell the shares and distribute the cash. The rules allowed for either approach. Genesis filed for Chapter 11 bankruptcy in January 2023.", 'As of April 5, theNasdaq Composite Indexhas soared 43% in 2024. This performance has been lifted by strong gains for dominant tech companies.\nBut the cryptocurrency market has said, "Not so fast." From the beginning of last year to today, the digital asset industry\'s entire value has more than tripled. Investors are flocking to the riskiest asset class in dramatic fashion.\nIt\'s no surprise that some of the most speculative tokens are experiencing strong momentum, particularly more recently. For example,Shiba Inu(CRYPTO: SHIB)has skyrocketed roughly 150% in the past few weeks. Maybe there\'s growing interest that morespot ETFswill be approved followingBitcoin.\nEven after its run-up, perhaps some daring investors are ready to buy Shiba Inu on the dip while it\'s still significantly below $0.01. Is that a smart idea?\nAt The Motley Fool, we urge investors to adopt a long-term mentality. That means thinking in terms of the next five years, and ideally more. This makes worrying about the next few months or quarters seem silly.\nWhile it\'s important to think this way when it comes to stocks, it\'s also critical to adopt this mindset with cryptocurrencies. It\'s so easy to get caught up in short-term price movements, especially when they\'re as wild as what can happen with digital tokens. But what matters at the end of the day are the fundamentals.\nWith this mental framework, investors looking to buy Shiba Inu should start to ask if there\'s really any point to this cryptocurrency. To be fair, I\'ll give the founders credit for creating a $16 billion blockchain network in less than four years. Given that the crypto industry values having a strong community of supporters, viewed in this light, Shiba Inu might be a smashing success for some.\nBut going back to that long-term mindset, investors need to wonder where Shiba Inu could be a decade from now. I\'m a firm believer that for any cryptocurrency to survive, it will eventually need to figure out how to raise utility and gain broad adoption.\nBy being built on top of theEthereumnetwork, Shiba Inu was created differently from its inspiration,Dogecoin, which is its own blockchain. This makes Shiba Inu\'s native token, SHIB, compatible with the vast ecosystem of Ethereumdecentralized applicationsout there.\nHowever, I suspect Shiba Inu isn\'t used much for its intended purpose, like to purchase non-fungible tokens, use decentralized finance protocols, or buy virtual land in the metaverse. It doesn\'t even crack the top 100 cryptocurrencies when it comes to developer activity. That doesn\'t bode well for its future.\nShiba Inu currently trades 70% below its peak price. The all-time high was during the raging bull market of 2021. I\'m not sure this type of run will happen again.\nWarren Buffett once said that investors should be comfortable buying a stock if the market closed for the next five years. Applying this time of thinking to cryptocurrencies might seem crazy given how volatile the industry is and how much change happens, but it\'s a valuable perspective to have. I don\'t believe anyone could view an investment in Shiba Inu in this light. Five years from now, there\'s a significant probability that its value will approach zero.\nThe only reason to buy it is if you think you can correctly time the market, with the hope of buying at the lows and selling after massive bull runs. But no one can do this successfully on a consistent basis.\nEven with Shiba Inu trading well below a penny, it\'s best not to park your hard-earned savings in it.\nBefore you buy stock in Shiba Inu, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Shiba Inu wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $539,230!*\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*.\nSee the 10 stocks »\n*Stock Advisor returns as of April 4, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nShould You Buy Shiba Inu While It\'s Less Than a Penny?was originally published by The Motley Fool', "• Bitcoin rose above $71,000 in Asian afternoon hours for the first time since April 1 ahead of the reward halving expected later this month, boosting Ordinal and BRC-20 ecosystem bets.\n• The halving will reduce the rate at which new coins are created, an event that has historically preceded a bull market for the cryptocurrency.\nBitcoin topped $71,000 in Asian trading hours Monday ahead of the reward halving expected on April 20, giving some Ordinal and BRC-20 ecosystem bets a boost even as the broader crypto market remained little changed.\nBTC rose 2% in the past 24 hours taking it to the highest since April 1, data from CoinGecko shows. The broad-basedCoinDesk 20, an index of the most liquid tokens excluding stablecoins, was up 0.43%.\nWhen halving occurs, the reward for mining transactions is cut by 50%, reducing the rate at which new coins are created and thus lowering the available new supply. This has historically preceded a bull market for the token.\nThe current block reward is 6.25 BTC, and will drop to 3.125 BTC after the halving. Open interest on BTC-tracked futures has maintained record-high levels at above $25 billion for a few weeks, indicative of leveraged bets on more expected price volatility.\nSome Bitcoin ecosystem tokens and projects rose as traders expect a BTC rally following thehalving event. Such bets are a way to gain proxy exposure to bitcoin's rise without using futures products or leverage.\nData shows Ordinals volumes were higher than those of usual leaders Ethereum and Solana in the past week, led by NodeMonkes and Pups. Non-fungible token (NFT) buying and selling activity declined 95% across all networks in the same period, suggestive of an isolated rise in Ordinals.\nThe BRC-20 category of tokens gained nearly 6% in the past 24 hours. Infrastructure token Multibit (MULTI) rose 22%, while meme coins pepe {{PEPE}}, alex (ALEX) and pizza (PIZA) rose as much as 60%.\nPUPS, the token of the Pups Ordinal, lost 22% as traders took profits after a 500% jump over the weekend.\nOrdinals are a way to embed data into the Bitcoin blockchain by inscribing references to digital art into small bitcoin-based transactions. The BRC-20 standard (BRC stands for Bitcoin Request for Comment) was introduced last year to allow users to issue transferable tokens directly through the network for the first time.", "• Bitcoin rose above $71,000 in Asian afternoon hours for the first time since April 1 ahead of the reward halving expected later this month, boosting Ordinal and BRC-20 ecosystem bets.\n• The halving will reduce the rate at which new coins are created, an event that has historically preceded a bull market for the cryptocurrency.\nBitcoin topped $71,000 in Asian tra **Last 60 Days of Bitcoin's Closing Prices:** [45301.57, 47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-08 **Financial & Commodity Data:** - Gold Closing Price: $2331.70 - Crude Oil Closing Price: $86.43 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,417,099,858,250 - Hash Rate: 652897941.3013152 - Transaction Count: 455617.0 - Unique Addresses: 685180.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.76 **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 has rallied 11.5% in 24 hours, printinghighs near $57,000for the first time since late 2021. Traders from Bitfinex led the charge, snapping up $123 million worth of bitcoin during early trading in Asia, according to data tracked by pseudonymous analyst “exitpump.” Forcedunwinding of short betsand decentspot buyingon Binance added to the bullish momentum, which, as usual, lifted the broader market higher. TheCoinDesk 20 Index, a wider market gauge, gained more than 8% over the same period. Pantera founder Dan Morehead said the spot ETFs have brought in a wave of institutional capital into the bitcoin market, explaining the rally. Inflows to the tune of 3,000 BTC per day, coupled with the impending 50% decline in daily BTC generation to 450 following April’s reward halving, means potential for price appreciation, Morehead explained, saying, “Crypto Spring has arrived early.” Turks looking to diversify into alternative assets to beat domesticinflationcan now trade cryptocurrencies on a platform owned by OKX, the world’s fourth-largest by trading volumes.OKX announcedthe launch ofOKX.TR,a localized version of the platform in Turkey, with trading pairs denominated in Turkish lira. “Turkey is a very important and special market for us. It ranks high in terms of crypto adoption and crypto transaction volume,” OKX President Hong Fang said in an interview with CoinDesk. In 2021, Turkish citizens, facing high inflation and a fiat currency crisis,poured money intostablecoin tether and memecoin SHIB. Uniswap’s native governance token UNIsurged 60%on Friday after the decentralized exchange proposed distributing protocol fees to token stakers.The price rally saw a whale address, which received 5.44 million UNI in 2020,liquidate 90,000 tokensfor $1.03 million,according to data tracked by blockchain sleuth Lookonchain. The wallet still holds 926,000 UNI tokens worth $10.6 million. At press time, UNI changed hands at $11.08, slightly down from Friday highs above $12.80. The token has gained 53% this year. • The chart shows a 24-hour change in bitcoin options, open interest, or the number of active option contracts, at various strike levels. • Open interest has increased in call options at strikes $58,000, $60,000 and higher. • Call options give the purchaser the right but not the obligation to buy the underlying asset at a predetermined price at a later date. A call buyer is implicitly bullish on the market. • Source: Amberdata - Omkar Godbole • Ether Demand Is Driven by U.S. Investors, Data Shows • Stablecoin USDC Is Making a Comeback: Coinbase • HTX Withdraws Hong Kong Crypto Exchange Application... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
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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:** ['Grab(GRAB),\xa0the Singapore-headquartered “Everyday Everything App,” is Southeast Asia’s answer to Uber, DoorDash, Instacart, and Venmo — all in a single platform.\nBest known for its ride-hailing and delivery services, the Grab app also offers a wallet feature that allows users to make payments online and in person, send money to family and friends, finance purchases over time, and even buy travel insurance.\nIn essence, Grab is (attempting to become) the go-to digital toolkit for everyday life in theeight countries in which it operates— currently, that’s Cambodia, Indonesia, Singapore, Malaysia, Myanmar, the Philippines, Thailand, and Vietnam.\nThe app has been called Southeast Asia’s answer to Uber, and, as of late 2023, Grab reportedly serves 35 million unique users each monthaccording to the Business Times.\nPhoto by Paul Lakatos/SOPA Images/LightRocket via Getty Images\nTrading publicly in the United States on theNasdaq exchangesince its 2021IPO, the company turned a profit for the first time during the fourth quarter of 2023 and shows no signs of slowing down.\nHere’s what you need to know about Grab\'s features, its stock, and its ongoing quest to become Southeast Asia’s “one app to rule them all.”\nRelated: Surge pricing: Examples & how it works on Uber, Lyft, DoorDash & more\nGrab was born in 2012 atHarvard Business School,the brainchild of Anthony Tan (CEO) and Tan Hooi Ling (COO), both Malaysian nationals who earned their MBAs there the year prior. The pair launched their mobile app — then called “My Teksi” — using a $25,000 grant from the school along with an unknown amount of personal capital.\nThe purpose of the app was to connect taxi drivers with passengers via their smartphones in order to create a simple and orderly alternative to Malaysia’s then-chaotic (and sometimes unsafe, especially for female riders) ride-hailing environment.\nIn 2013, the company — by then called GrabTaxi — expanded, making its digital ride-hailing app available in the Philippines that summer, then in Singapore and Thailand before the year’s end. The next year, the company rolled out a fleet of 100 electric taxis in Singapore, expanded operations to major cities in Vietnam and Indonesia, and launched GrabBike, a ride-hailing service for motorbike rides.\nLionel Ng/Bloomberg via Getty Images\nIn 2015, the company launched GrabExpress as a package courier service. The following year, it rebranded (shortening its name to Grab and updating its logo) and introduced in-app messaging and translation for drivers and riders. It also created the GrabRewards program, through which users can earn points redeemable toward discounts on subsequent Grab services.\nIn 2017, the company launched GrabPay, its first financial technology offering, after acquiring an Indonesian payment company called Kudo. Next, it acquired Uber’s Southeast Asian assets and operations in early 2018, cementing Grab’s status as the dominant ride-hailing service in the region.\nAs a result of this acquisition, which included Uber Eats, Grab added food-delivery services to its suite of offerings, first in Singapore and Malaysia, and then in the remainder of its market before the year’s end.\nRelated: The 5 most startling Chapter 11 retailer bankruptcies since 2020\nAs part of this deal, Uberreceived a 27.5% stakein Grab, and Uber CEODara Khosrowshahijoined the company’s board. So, the American-based ride-hailing and delivery giant now has a vested interest in seeing Grab succeed in its own market. Also as part of this 2018 acquisition, Grabagreed to go public by March 2023, a promise it kept with a little over a year to spare.\nBusiness Insiderreported the same yearthat Grab had become Southeast Asia’s first “decacorn” after securing more funding than any other tech startup in the region during the three years prior.\xa0(Unicorns are privately held companies worth more than $1 billion, while “decacorns” are privately held companies worth over $10 million.)\nThe company continued to make acquisitions in the fintech space, gradually expanding its in-app financial offerings to include money transfers, payments to merchants, microloans, insurance services for drivers and passengers, and buy-now-pay-later programs.\nBloomberg/Getty Images\nBy the time it went public on the U.S. stock market via a SPAC merger with Altimeter Growth Corp., the company had built a vast network of partnerships that allowed customers to hail car and motorbike rides, book travel, order food, pay for goods and services, send and receive money, and even obtain travel insurance policies.\nIn December 2021, Grab shares opened at $13.06 during the company’s first day trading on the Nasdaq, but they tumbled to around half that by the end of the day. Shares continued to fall, and for the next two years, they bobbed up and down in the $2.80 to $3.80 range.\nIn the fourth quarter of 2023, however, Grab moved into the black for the first time,posting a profit of $11 millionon revenue of $653 million, up 30% from the 2022 fourth quarter.\nSo, what’s next for the Uber-backed “everything app?”\nRelated: A History of Reddit: From “front page of the internet” to billion-dollar valuation\nThemarket has knownsince late February 2024 that Grab became profitable during 2023’s final quarter and that it was initiating its first-evershare repurchaseprogram (both of these are usually positives for a stock). That news, however, didn’t seem to do much to bolster the company’s stock price, which sat at around $3.16 then and hadn’t moved much by early April.\nThe company’s first-quarter 2024earnings callis set for May 16, and any guidance the company issues on the call could be the catalyst that pushes the stock out of its limbo.\nAs of this article\'s last update, company insiders held about a quarter of Grab\'s stock, whileinstitutional investors— including Morgan Stanley, Blackrock, Invesco, and Bank of America — held just shy of 55% percent.Short intereststood at 2.73%, indicating largely positive sentiment.\nTiprankslisted Grab as a "strong buy"based on 10 analyst ratings with an average 12-month upside of about 34%.\nDuring the company’s last earnings call, CEO Anthony Tan said that Grab has grown to become the “largest on-demand platform in the region at a scale that is over 3x larger than [its] next-closest competitor.”\nHe also noted that, as pandemic-related travel hesitation has waned, the company’s “mobility revenues also increased by 26% YoY in Q4 and 36% YoY for the entire year, driven by an increase in tourist ride-hailing demand.”\nDuring the call, Tan mentioned that the brand is increasing its focus on its travel segment. The travel business offers hotel booking and travel insurance services (more on these below), as non-local travelers tend to spend more than local customers in the markets where Grab operates.\nAll signs point to continued growth, but growth is expensive, so whether the company will continue to post profits in subsequent quarters will depend on how much it spends on acquisitions and partnerships vs. how much it leverages its current assets.\nRelated: Boeing\'s turbulent descent: The company’s scandals & mishaps explained\nBecause Grab operates in hundreds of cities across eight different countries, the services it offers vary by location. So, some of the features explained here may not be available in all markets.\nFor instance, Grab users in Vietnam, where motorbikes are ubiquitous, can order motorbike rides as a cheaper alternative to hiring a car, whereas in Singapore, where motorbikes are less popular, only car taxi rides are available.\nTaxi-hailing was Grab’s first offering when it launched in Malaysia in 2012. The company’s mobility arm remains one of its most important, although it now ranks second to delivery in terms of revenue.\nFunctionally, Grab rides work much like those booked through Uber or Lyft in the U.S. Grab users can enter their destination and book taxi rides through the app with the cost shown up-front. Those willing to wait longer for a ride, share a car with other riders, or ride on the back of a motorbike can access lower fares.\nAll riders can view drivers’ details and ETA, and message drivers with instructions (the app can translate these messages if the rider and driver use different languages). Larger vehicles, pet-friendly cars, cars with booster seats for children, and luxury vehicles are also available at various price points.\nLILLIAN SUWANRUMPHA/Getty Images\nGrab offers three types of delivery services: food, mart, and express. Together, these services account for more revenue than the company’s ride-hailing services.\nGrab’s food-delivery feature is quite similar to DoorDash and Uber Eats. Customers can browse the menus of a variety of restaurants, ranging from street carts to fine dining, and order food for delivery, pick-up, or dine-in. Deliveries can be immediate or scheduled, and in-app discounts, coupons, and rewards are sometimes made available.\nGrab’s mart delivery feature is similar to American apps like Instacart and GoPuff. Users can browse the wares of partner grocery, pharmacy, and convenience stores and order anything from food staples to toiletries. Deliveries can scheduled ahead of time or placed on an ASAP basis.\nGrabExpress is the company’s courier feature, which offers the types of services bike messengers provide in large American cities. A user requests a delivery and then hands off their parcel to a Grab partner, who immediately totes it to its destination, providing photographic proof of delivery upon completion.\nThis service can be used to send anything from a confidential single-page document to a 50 kg (110 lb) package, and all deliveries are automatically insured up to $500 (additional protection of up to $2,000 can be purchased for higher-value deliveries).\nBloomberg/Getty Images\nSince around 2017, Grab has been expanding the financial side of its app via strategic acquisitions and partnerships with fintech **Last 60 Days of Bitcoin's Closing Prices:** [47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-09 **Financial & Commodity Data:** - Gold Closing Price: $2343.50 - Crude Oil Closing Price: $85.23 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,400,173,079,450 - Hash Rate: 603310755.8860255 - Transaction Count: 453811.0 - Unique Addresses: 683771.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.80 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Chicago, IL – February 20, 2024 – 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: CleanSpark CLSK, Nvidia NVDA, Advanced Micro Devices AMD, Marathon Digital Holdings MARA and Iris Energy IREN. Bitcoin, the world's largest cryptocurrency, has reclaimed its market cap to more than $1 trillion for the first time in two years. The crypto has surged past $52,000, gaining nearly 25% so far this year on the back of a fresh wave of investors’ interest in tokens. With the digital asset rally, cryptocurrency stocks also surged. We have presented five top-performing stocks that have been leading the rally in the cryptocurrency space this year. These areCleanSpark,Nvidia,Advanced Micro Devices,Marathon Digital HoldingsandIris Energy. The launch of Spot Bitcoin ETFs in January has been acting as the major catalyst for the bitcoin surge as it has made it easier for investors to gain exposure to Bitcoin without directly owning the asset, thereby underscoring growth of cryptocurrency in mainstream investment platforms. In a milestone, data from CryptoQuant revealed that spot Bitcoin ETFs have accumulated $10 billion in assets under management (AUM) since their inception on Jan 10 this year, reflecting a strong investor interest. Outflows from the Grayscale Bitcoin Trust (GBTC), which previously dampened market sentiment, have significantly reduced, further fueling the upward trajectory. Notably, spot Bitcoin ETFs are a game changer for cryptocurrency investors. ARK Invest, renowned for its optimistic outlook, envisions Bitcoin as a successor to gold as a secure asset, forecasting continued value growth, driven by its increasing integration into the financial ecosystem. It argues that Bitcoin's resilience to economic uncertainties like inflation and interest rate hikes positions it favorably in the current economic environment. The anticipation of bitcoin's upcoming halving event in April is also influencing the cryptocurrency market. Halving, which reduces the reward for mining new blocks, has historically been seen as a catalyst for bitcoin's price. Moreover, the Lunar New Year holidays are contributing to a generally positive sentiment toward bitcoin, according to Fundstrat Global Advisors. CleanSparkis engaged in the mining of cryptocurrencies. It owns and operates data centers that primarily run on low-carbon power. The stock has gained about 56% this year and has an estimated earnings growth rate of 81.4% for the fiscal year ending September 2024. CLSK currently has a Zacks Rank #2 (Buy) and a Momentum Score of B. You can seethe complete list of today’s Zacks #1 (Strong Buy) Rank stocks here. Nvidiais the world leader in visual computing technologies and the inventor of graphic processing unit or GPU. The stock has jumped about 47% this year. It has an estimated growth of 64.4% for the fiscal year ending January 2025. Nvidia has a Zacks Rank #2 and a Growth Score of A at present. Advanced Micro Devicesoffers the industry’s broadest portfolio of leadership high-performance and adaptive processor technologies. Its products are used for Bitcoin mining and other cryptocurrencies. AMD has also participated in cryptocurrency development. The stock has risen 20% so far this year. AMD currently has an estimated earnings growth rate of 30.9% for this year and a Zacks Rank #3 (Hold). Marathon Digitalis a digital asset technology company, which mines cryptocurrencies, with a focus on the blockchain ecosystem and the generation of digital assets. The stock jumped 15% and has an estimated earnings growth rate of 457.4% for this year. Marathon Digital has a Zacks Rank #3 and a Momentum Score of B at present. Iris Energyis a Bitcoin mining company. It builds, owns and operates data center infrastructure with a focus on entry into regions, wherein it can access abundant and/or under-utilized renewable energy to power its operations. The stock has gained 8% so far this year. Iris Energy has an estimated earnings growth rate of 100.3% for the fiscal year ending June 2024. It currently has a Zacks Rank #2 and a Momentum Score of B. Since 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of+44.9%, +48.4%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 Advanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Marathon Digital Holdings, Inc. (MARA) : Free Stock Analysis Report Cleanspark, Inc. (CLSK) : Free Stock Analysis Report Iris Energy Limited (IREN) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57
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:** ['Grab(GRAB),\xa0the Singapore-headquartered “Everyday Everything App,” is Southeast Asia’s answer to Uber, DoorDash, Instacart, and Venmo — all in a single platform.\nBest known for its ride-hailing and delivery services, the Grab app also offers a wallet feature that allows users to make payments online and in person, send money to family and friends, finance purchases over time, and even buy travel insurance.\nIn essence, Grab is (attempting to become) the go-to digital toolkit for everyday life in theeight countries in which it operates— currently, that’s Cambodia, Indonesia, Singapore, Malaysia, Myanmar, the Philippines, Thailand, and Vietnam.\nThe app has been called Southeast Asia’s answer to Uber, and, as of late 2023, Grab reportedly serves 35 million unique users each monthaccording to the Business Times.\nPhoto by Paul Lakatos/SOPA Images/LightRocket via Getty Images\nTrading publicly in the United States on theNasdaq exchangesince its 2021IPO, the company turned a profit for the first time during the fourth quarter of 2023 and shows no signs of slowing down.\nHere’s what you need to know about Grab\'s features, its stock, and its ongoing quest to become Southeast Asia’s “one app to rule them all.”\nRelated: Surge pricing: Examples & how it works on Uber, Lyft, DoorDash & more\nGrab was born in 2012 atHarvard Business School,the brainchild of Anthony Tan (CEO) and Tan Hooi Ling (COO), both Malaysian nationals who earned their MBAs there the year prior. The pair launched their mobile app — then called “My Teksi” — using a $25,000 grant from the school along with an unknown amount of personal capital.\nThe purpose of the app was to connect taxi drivers with passengers via their smartphones in order to create a simple and orderly alternative to Malaysia’s then-chaotic (and sometimes unsafe, especially for female riders) ride-hailing environment.\nIn 2013, the company — by then called GrabTaxi — expanded, making its digital ride-hailing app available in the Philippines that summer, then in Singapore and Thailand before the year’s end. The next year, the company rolled out a fleet of 100 electric taxis in Singapore, expanded operations to major cities in Vietnam and Indonesia, and launched GrabBike, a ride-hailing service for motorbike rides.\nLionel Ng/Bloomberg via Getty Images\nIn 2015, the company launched GrabExpress as a package courier service. The following year, it rebranded (shortening its name to Grab and updating its logo) and introduced in-app messaging and translation for drivers and riders. It also created the GrabRewards program, through which users can earn points redeemable toward discounts on subsequent Grab services.\nIn 2017, the company launched GrabPay, its first financial technology offering, after acquiring an Indonesian payment company called Kudo. Next, it acquired Uber’s Southeast Asian assets and operations in early 2018, cementing Grab’s status as the dominant ride-hailing service in the region.\nAs a result of this acquisition, which included Uber Eats, Grab added food-delivery services to its suite of offerings, first in Singapore and Malaysia, and then in the remainder of its market before the year’s end.\nRelated: The 5 most startling Chapter 11 retailer bankruptcies since 2020\nAs part of this deal, Uberreceived a 27.5% stakein Grab, and Uber CEODara Khosrowshahijoined the company’s board. So, the American-based ride-hailing and delivery giant now has a vested interest in seeing Grab succeed in its own market. Also as part of this 2018 acquisition, Grabagreed to go public by March 2023, a promise it kept with a little over a year to spare.\nBusiness Insiderreported the same yearthat Grab had become Southeast Asia’s first “decacorn” after securing more funding than any other tech startup in the region during the three years prior.\xa0(Unicorns are privately held companies worth more than $1 billion, while “decacorns” are privately held companies worth over $10 million.)\nThe company continued to make acquisitions in the fintech space, gradually expanding its in-app financial offerings to include money transfers, payments to merchants, microloans, insurance services for drivers and passengers, and buy-now-pay-later programs.\nBloomberg/Getty Images\nBy the time it went public on the U.S. stock market via a SPAC merger with Altimeter Growth Corp., the company had built a vast network of partnerships that allowed customers to hail car and motorbike rides, book travel, order food, pay for goods and services, send and receive money, and even obtain travel insurance policies.\nIn December 2021, Grab shares opened at $13.06 during the company’s first day trading on the Nasdaq, but they tumbled to around half that by the end of the day. Shares continued to fall, and for the next two years, they bobbed up and down in the $2.80 to $3.80 range.\nIn the fourth quarter of 2023, however, Grab moved into the black for the first time,posting a profit of $11 millionon revenue of $653 million, up 30% from the 2022 fourth quarter.\nSo, what’s next for the Uber-backed “everything app?”\nRelated: A History of Reddit: From “front page of the internet” to billion-dollar valuation\nThemarket has knownsince late February 2024 that Grab became profitable during 2023’s final quarter and that it was initiating its first-evershare repurchaseprogram (both of these are usually positives for a stock). That news, however, didn’t seem to do much to bolster the company’s stock price, which sat at around $3.16 then and hadn’t moved much by early April.\nThe company’s first-quarter 2024earnings callis set for May 16, and any guidance the company issues on the call could be the catalyst that pushes the stock out of its limbo.\nAs of this article\'s last update, company insiders held about a quarter of Grab\'s stock, whileinstitutional investors— including Morgan Stanley, Blackrock, Invesco, and Bank of America — held just shy of 55% percent.Short intereststood at 2.73%, indicating largely positive sentiment.\nTiprankslisted Grab as a "strong buy"based on 10 analyst ratings with an average 12-month upside of about 34%.\nDuring the company’s last earnings call, CEO Anthony Tan said that Grab has grown to become the “largest on-demand platform in the region at a scale that is over 3x larger than [its] next-closest competitor.”\nHe also noted that, as pandemic-related travel hesitation has waned, the company’s “mobility revenues also increased by 26% YoY in Q4 and 36% YoY for the entire year, driven by an increase in tourist ride-hailing demand.”\nDuring the call, Tan mentioned that the brand is increasing its focus on its travel segment. The travel business offers hotel booking and travel insurance services (more on these below), as non-local travelers tend to spend more than local customers in the markets where Grab operates.\nAll signs point to continued growth, but growth is expensive, so whether the company will continue to post profits in subsequent quarters will depend on how much it spends on acquisitions and partnerships vs. how much it leverages its current assets.\nRelated: Boeing\'s turbulent descent: The company’s scandals & mishaps explained\nBecause Grab operates in hundreds of cities across eight different countries, the services it offers vary by location. So, some of the features explained here may not be available in all markets.\nFor instance, Grab users in Vietnam, where motorbikes are ubiquitous, can order motorbike rides as a cheaper alternative to hiring a car, whereas in Singapore, where motorbikes are less popular, only car taxi rides are available.\nTaxi-hailing was Grab’s first offering when it launched in Malaysia in 2012. The company’s mobility arm remains one of its most important, although it now ranks second to delivery in terms of revenue.\nFunctionally, Grab rides work much like those booked through Uber or Lyft in the U.S. Grab users can enter their destination and book taxi rides through the app with the cost shown up-front. Those willing to wait longer for a ride, share a car with other riders, or ride on the back of a motorbike can access lower fares.\nAll riders can view drivers’ details and ETA, and message drivers with instructions (the app can translate these messages if the rider and driver use different languages). Larger vehicles, pet-friendly cars, cars with booster seats for children, and luxury vehicles are also available at various price points.\nLILLIAN SUWANRUMPHA/Getty Images\nGrab offers three types of delivery services: food, mart, and express. Together, these services account for more revenue than the company’s ride-hailing services.\nGrab’s food-delivery feature is quite similar to DoorDash and Uber Eats. Customers can browse the menus of a variety of restaurants, ranging from street carts to fine dining, and order food for delivery, pick-up, or dine-in. Deliveries can be immediate or scheduled, and in-app discounts, coupons, and rewards are sometimes made available.\nGrab’s mart delivery feature is similar to American apps like Instacart and GoPuff. Users can browse the wares of partner grocery, pharmacy, and convenience stores and order anything from food staples to toiletries. Deliveries can scheduled ahead of time or placed on an ASAP basis.\nGrabExpress is the company’s courier feature, which offers the types of services bike messengers provide in large American cities. A user requests a delivery and then hands off their parcel to a Grab partner, who immediately totes it to its destination, providing photographic proof of delivery upon completion.\nThis service can be used to send anything from a confidential single-page document to a 50 kg (110 lb) package, and all deliveries are automatically insured up to $500 (additional protection of up to $2,000 can be purchased for higher-value deliveries).\nBloomberg/Getty Images\nSince around 2017, Grab has been expanding the financial side of its app via strategic acquisitions and partnerships with fintech **Last 60 Days of Bitcoin's Closing Prices:** [47147.20, 47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-09 **Financial & Commodity Data:** - Gold Closing Price: $2343.50 - Crude Oil Closing Price: $85.23 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,400,173,079,450 - Hash Rate: 603310755.8860255 - Transaction Count: 453811.0 - Unique Addresses: 683771.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.80 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Chicago, IL – February 20, 2024 – 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: CleanSpark CLSK, Nvidia NVDA, Advanced Micro Devices AMD, Marathon Digital Holdings MARA and Iris Energy IREN. Bitcoin, the world's largest cryptocurrency, has reclaimed its market cap to more than $1 trillion for the first time in two years. The crypto has surged past $52,000, gaining nearly 25% so far this year on the back of a fresh wave of investors’ interest in tokens. With the digital asset rally, cryptocurrency stocks also surged. We have presented five top-performing stocks that have been leading the rally in the cryptocurrency space this year. These areCleanSpark,Nvidia,Advanced Micro Devices,Marathon Digital HoldingsandIris Energy. The launch of Spot Bitcoin ETFs in January has been acting as the major catalyst for the bitcoin surge as it has made it easier for investors to gain exposure to Bitcoin without directly owning the asset, thereby underscoring growth of cryptocurrency in mainstream investment platforms. In a milestone, data from CryptoQuant revealed that spot Bitcoin ETFs have accumulated $10 billion in assets under management (AUM) since their inception on Jan 10 this year, reflecting a strong investor interest. Outflows from the Grayscale Bitcoin Trust (GBTC), which previously dampened market sentiment, have significantly reduced, further fueling the upward trajectory. Notably, spot Bitcoin ETFs are a game changer for cryptocurrency investors. ARK Invest, renowned for its optimistic outlook, envisions Bitcoin as a successor to gold as a secure asset, forecasting continued value growth, driven by its increasing integration into the financial ecosystem. It argues that Bitcoin's resilience to economic uncertainties like inflation and interest rate hikes positions it favorably in the current economic environment. The anticipation of bitcoin's upcoming halving event in April is also influencing the cryptocurrency market. Halving, which reduces the reward for mining new blocks, has historically been seen as a catalyst for bitcoin's price. Moreover, the Lunar New Year holidays are contributing to a generally positive sentiment toward bitcoin, according to Fundstrat Global Advisors. CleanSparkis engaged in the mining of cryptocurrencies. It owns and operates data centers that primarily run on low-carbon power. The stock has gained about 56% this year and has an estimated earnings growth rate of 81.4% for the fiscal year ending September 2024. CLSK currently has a Zacks Rank #2 (Buy) and a Momentum Score of B. You can seethe complete list of today’s Zacks #1 (Strong Buy) Rank stocks here. Nvidiais the world leader in visual computing technologies and the inventor of graphic processing unit or GPU. The stock has jumped about 47% this year. It has an estimated growth of 64.4% for the fiscal year ending January 2025. Nvidia has a Zacks Rank #2 and a Growth Score of A at present. Advanced Micro Devicesoffers the industry’s broadest portfolio of leadership high-performance and adaptive processor technologies. Its products are used for Bitcoin mining and other cryptocurrencies. AMD has also participated in cryptocurrency development. The stock has risen 20% so far this year. AMD currently has an estimated earnings growth rate of 30.9% for this year and a Zacks Rank #3 (Hold). Marathon Digitalis a digital asset technology company, which mines cryptocurrencies, with a focus on the blockchain ecosystem and the generation of digital assets. The stock jumped 15% and has an estimated earnings growth rate of 457.4% for this year. Marathon Digital has a Zacks Rank #3 and a Momentum Score of B at present. Iris Energyis a Bitcoin mining company. It builds, owns and operates data center infrastructure with a focus on entry into regions, wherein it can access abundant and/or under-utilized renewable energy to power its operations. The stock has gained 8% so far this year. Iris Energy has an estimated earnings growth rate of 100.3% for the fiscal year ending June 2024. It currently has a Zacks Rank #2 and a Momentum Score of B. Since 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of+44.9%, +48.4%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 Advanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Marathon Digital Holdings, Inc. (MARA) : Free Stock Analysis Report Cleanspark, Inc. (CLSK) : Free Stock Analysis Report Iris Energy Limited (IREN) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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 sold off on Tuesday as investors brace for the March CPI inflation report.\n• The inflation report will help set the narrative about future interest rate cuts from the Federal Reserve.\n• After the CPI report, investors will turn their attention to the start of first quarter earnings results.\nUS stocks slipped on Tuesday as investors brace for the Wednesday morning release ofthe March CPI report.\nThe March consumer price index report is set to be released Wednesday morning, and investors expect a continued decline in inflation. Current estimates suggest year-over-year core CPI will drop to 3.7% compared to the previous reading of 3.8%, while month-over-month Core CPI is expected to drop to 0.3% compared to the prior reading of 0.4%.\nAny acceleration in inflation will significantly raise the risk that interest rate cuts from the Federal Reserve are pushed back, and that could have negative implications for stock prices,according to JPMorgan.The bank previewed two other scenarios depending on what the CPI report looks like.\n"Tomorrow\'s March CPI report will be paramount," Macquarie strategist Thierry Wizman said.\nAfter the release of the CPI report, investors will turn their attention to the start of first quarter earnings results, with JPMorgan and Wells Fargo set to kick off earnings season before the market opens on Friday.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500:5,209.91, up 0.14%\n• Dow Jones Industrial Average:38,883.67, 0.02% (-9.13 points)\n• Nasdaq Composite:16,306.64, up 0.32%\nHere\'s what else happened today:\n• A famed recession indicator is flashing redeven as financial markets price in zero chance of a downturn in the coming year.\n• You can thank the baby boomers for the strong economy,according to Ed Yardeni, who said their spending in retirement will help lift economic growth going forward.\n• Any spike in inflation would send gold prices surging as much as 50% through 2025,according to market veteran Ed Yardeni.\n• These 8 stocks will post unexpectedly strong Q1 earningsduring one of the best settings for stock-pickers in almost 20 years, according to Evercore.\n• The highly volatile Destiny Tech100 fund that invests in private startups plunged 36%.Here are the fund\'s top 10 holdings.\n• Home prices are poised to jump another 5% in 2024as the market remains even tighter than it was in 2023, according to Capital Economics.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dropped by 1.32% to $85.29 a barrel.Brent crude, the international benchmark, slipped 1.01% to $89.47 a barrel.\n• Goldjumped 0.68% to $2,367.00 per ounce.\n• The 10-year Treasury yield fell six basis points to 4.367%.\n• Bitcoindropped by 3.86% to $68,865.\nRead the original article onBusiness Insider', 'Analysts at JMP Securities firmed up their view of cryptocurrency exchangeCoinbase(NASDAQ: COIN)on Tuesday, noting now there is less room for error for the company. Nevertheless, JMP Securities maintained its "outperform" rating and boosted its price target to $320. That new price target represents potential upside of 25% from the stock\'s Apr. 8 closing price.\nShares of Coinbase have surged this year asBitcoinhas rallied nearly 70% so far in 2024.\nCoinbase has also made legitimate progress in reducing its costs, a necessity as cryptocurrency trading volumes dried up during the last crash. The company has also expanded its sources of revenue beyond transaction fees.\nThe company\'s latest results put this progress on display. While revenue was down slightly in 2023, adjusted EBITDA surged into positive territory, and the company even reported a small net profit. Coinbase benefits when cryptocurrency prices are rising or volatile, both of which can induce heightened trading activity.\nThe big problem with Coinbase stock is that most of its revenue sources ultimately require sustained interest in cryptocurrencies. The company now generates meaningful revenue fromstablecoins, but the sustainability of that revenue is unclear.\nIt may be a better idea toinvest in Bitcoin directlyor through an exchange-traded fund rather than speculate on Coinbase stock. While Coinbase is a much leaner company than it was during the last cryptocurrency bubble, the company has yet to show that it can sustainably turn a profit outside of those bubbles.\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002*.\nSee the 10 stocks\n*Stock Advisor returns as of April 8, 2024\nTimothy Greenhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nCoinbase Stock Has 25% Upside, According to 1 Wall Street Analystwas originally published by The Motley Fool', "Investors' speculative interest in the cryptocurrency market has surged to similar levels of the 2021 bull run,accordingto a recent report by Glassnode. This comes as the highly anticipated Bitcoin halving event draws near, growing enthusiasm of a significant price movement in the near future.\nData analysis indicates thatBitcoin's bullish momentum has been building since October 2023, leading to a period of high liquidity and volatility. Glassnode highlights that the strong demand in spot markets has supported Bitcoin's year-to-date performance, mirroring a similar structure observed during the 2021 bull run.\nBitcoin gained 62% so far in 2024, with its price currently at $68,748. BTC reached new all-time highs of $73,750.07 on March 14. The introduction of spot Bitcoin ETFs in the United States on January 11 has contributed to a surge in BTC spot trading volume, peaking in March. Glassnode's report suggests that the market has now entered a state of euphoria, accompanied by a notable increase in profit-taking activities.\nFurthermore, the flow of Bitcoin in and out of exchanges has seen a significant increase since July 2023. Glassnode's data reveals that the average daily total inflows and outflows from exchanges presently stand at $8.19 billion, surpassing the peak of the 2021 bull market.", "Bitcoin(CRYPTO: BTC)has received a lot of attention lately, mainly due to the approval by the Securities and Exchange Commission and the subsequent launch by major asset managers of spot exchange-traded funds (ETFs). This, the upcoming halving, and a favorable market environment have helped drive the asset up more than fourfold since the start of 2023 (as of April 5).\nZooming out, it's a similar story. In the past five years, there aren't many assets that have outperformed Bitcoin's 1,210% gain (as of April 6). But where will theworld's top cryptocurrencybe five years from now?\nSince theBitcoin whitepapercame out in late 2008, this crypto has been around for over 15 years. And despite its ups and downs, it is now becoming a legitimate financial asset.\nEven before the approval of spot ETFs, there was growing interest from large investors, like Ark Invest, corporations, likeBlockandMicroStrategy, and countries, like El Salvador, in owning this asset.\nHowever, now that these ETFs have come to market, there's somewhat of a regulatory stamp of approval that was given to Bitcoin. That's definitely an encouraging development. And based on the massive amounts of capital inflows in these ETFs thus far, it's clear just how much more investor interest there is.\nLooking ahead, it's reasonable to expect this trend to continue, particularly as more people learn about Bitcoin. There will also be an ever-expanding list of various financial services infrastructure being built out to support Bitcoin's adoption, whether it's custody solutions, payments systems, digital wallets, and new solutions we can't quite think of yet.\nBitcoin's performance in the past four years has been nothing short of impressive. It has soared 844%. This is spectacular given that it was during a period of turmoil, with the coronavirus pandemic, inflationary pressures, higher interest rates, and ongoing recessionary fears. Gold andU.S. Treasuries, viewed as the safest assets to own, have put up poor returns in the last four years, which is disappointing considering that this is when they should have done well.\nI think this points to Bitcoin's killer use case. It's becoming viewed more and more as a superior store of value and investment opportunity for people looking to own an asset that has a fixed supply cap. In other words, I believe investors are warming up to the idea that Bitcoin can seriously raise their purchasing power over long periods of time, just like what it has done in the past.\nThe question remains about Bitcoin being used more as a payment mechanism. I think its ultimate adoption as a medium of exchange is way too uncertain right now. Therefore, I believe its utility comes from being a more popular store of value, which we are seeing play out.\nTo be clear, I'm not expecting Bitcoin to put up the same returns that it has historically. Those monster early gains are likely no longer feasible, as this is now an asset with a market cap of $1.3 trillion.\nBut I'm fairly confident that Bitcoin will continue to reward its owners. In fact, in eight of the last 11 years, it has put up stronger annual returns than any other asset class. Even with Bitcoin at all-time highs, it has massive upside potential over the next decade and beyond. There is still so much capital that could flow to Bitcoin over time, pushing up its price, while **Last 60 Days of Bitcoin's Closing Prices:** [47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-10 **Financial & Commodity Data:** - Gold Closing Price: $2329.60 - Crude Oil Closing Price: $86.21 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,361,047,890,375 - Hash Rate: 626404079.729565 - Transaction Count: 531054.0 - Unique Addresses: 703704.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.78 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin (BTC-USD) reached an all-time high Tuesday before falling back as some investors locked in their winnings. A new frenzy surrounding the world's largest cryptocurrency pushed the price to to $68,869, exceeding the previous high of $68,789 established on Nov. 10, 2021. Then it tumbled below the $60,000 level again in a matter of hours. The new high reinforced a remarkable comeback for bitcoin following a 2022 crash that created huge losses for investors and triggered the downfall of several big industry players, including cryptocurrency exchange FTX and its founder Sam Bankman-Fried. The dramatic retreat from Tuesday's high offered a reminder of how much volatility still surrounds this digital asset. At one point it was down 11%, the sort of drop last seen during the tumult of 2022. So far this year bitcoin has been riding a wave of excitement sparked by a series ofspot bitcoin exchange-traded fundsthat started trading in January. Those funds gave everyday investors widespread exposure to the digital asset, triggering anticipation of a record-breaking year. Read more:With bitcoin near $69,000, does it deserve a place in your portfolio? "The demand for these ETFs far exceeded anyone's expectations," Bitwise Asset Management chief investment officer Matt Hougan told Yahoo Finance. Bitwise was among the firms that got the green light from the Securities and Exchange Commission to run one of these funds. Several money managers are now predicting the digital asset could rise above $100,000 before the end of 2024. Investors are bidding other cryptocurrencies and related stocks higher too. Ether (ETH-USD), the second-largest cryptocurrency, has outperformed bitcoin by more than 7% since the beginning of the year. Several so-called meme coins — such as dogecoin (DOGE-USD), shiba inu (SHIB), and dogwifhat (WIF) — are also surging. One sign of the new mania surrounding bitcoin is the trading activity in the ETFs that launched in January. They have pulled in nearly $8 billion from investors in just two months, with the lion's share going to Wall Street heavyweights like BlackRock (BLK) and Fidelity Investments. That activity has been a boon to major crypto trading venues, including Coinbase (COIN) and Robinhood (HOOD). Coinbase is the crypto custodian for a number of these ETFs and earns fees tied directly to these products. Thedemand for tradingon Coinbase was so intense last week that it resulted in a snafu where some customers showed $0 balances in their accounts for part of one day. CEO Brian Armstrong offered assurances to customers that their funds were safe. Some individual customers reported seeing zero balances in their accounts again on Monday. There is also a basic law of economics at play in thenew market frenzysurrounding bitcoin: supply and demand. Fresh demand from the ETFs means more bitcoins are being bought on average each day than new coins are being created. The new ETFs have been purchasing a daily average of 3,320-4,300 coins since the beginning of February, three analysts who work for crypto money managers said last week. That is considerably more than the 900 coins being created daily by the bitcoin network in the same period. More supply problems are expected for bitcoin this year in light of the "halving" scheduled to take place 46 days from Monday. When it was created in 2009 by pseudonymous developer Satoshi Nakamoto, bitcoin was programmed with a fixed supply schedule that is cut in half every four years. After that next cut, the so-called halving, the daily supply of new coins will be 450 instead of 900. "We are in potentially the sweetest spot right here," Mark Connors, head of research for crypto asset manager 3iQ, told Yahoo Finance. "We can’t produce more bitcoin to meet demand." Connor’s firm has set its mid- to high-range price target for bitcoin this year at between $160,000 and $180,000. Next year, it anticipates an eye-popping target of $350,000 to $450,000 per coin. Another money manager, VanEck, set an $80,000 2024 price target for bitcoin last quarter. "Those estimates are admittedly a little stale now," Matthew Sigel, head of digital asset research for VanEck, said. There are certainly other factors at work in the current supply crunch beyond the demand from ETFs. One example: The US government has seized 215,000 BTC since 2020, according to data tracked by 21Shares. The stash includes confiscations in various seizures, such as from the 2016 hack of crypto exchange Bitfinex. The fact that they are just being held and not sold currently has constrained the supply. But that could change when the government needs to distribute some amount of that to victims, which may mean selling. As the asset price rises, many institutional buyers will also need to take profits to maintain the balance of their portfolios. That could also impact the supply-demand imbalance. There are also certainly less fundamental, and more psychological, factors driving this new rally, including the fear of missing out. Interest in bitcoin across the general US population is far from its peak compared to past rallies, Alex Thorn, head of research for Galaxy Digital, said over email Monday. Searches for "bitcoin" on Google and retail usage of crypto apps remain well below levels seen throughout the last bull market, according to Thorn. "We haven’t even begun to reach the heights this is likely to go," Thorn added. David Hollerith is a senior reporter for Yahoo Finance covering banking, crypto, and other areas in finance. Click here for the latest crypto news, updates, and more related toethereumandbitcoinprices, crypto ETFs, and market implications for cryptocurrencies Read the latest financial and business news from Yahoo Finance... - Reddit Posts (Sample): [['u/neckbeardfedora98IQ', 'Subreddit is infested with scammers. ', 112, '2024-04-10 00:00', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/', 'Just a heads up there’s a lot of posts from ‘women’ who claim to be 25-30 and are looking for older men. They are scammers who will say they are great at investing. It’s called a pig butchering scam and they want you to link your virtual wallet or bitcoin wallet and steal your money. Be weary if someone asks to move to WeChat/whatsapp or other messengers and it seems to be good to be true. ', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/', '1c04m1v', [['u/Original_Algae_8255', 16, '2024-04-10 00:08', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/kyu350k/', 'Thanks for the heads-up Bro\n\nKeep up the good work 💯💯💯', '1c04m1v'], ['u/Dismal-Ear', 21, '2024-04-10 00:33', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/kyu79b2/', "I'm female. Older than that not by much and horrible at investing. But will spam you for pet pics", '1c04m1v'], ['u/occasionally_hippie', 17, '2024-04-10 00:51', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/kyua39x/', 'Duuuuuude I think you just saved me big time', '1c04m1v'], ['u/GarethGore', 11, '2024-04-10 01:01', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/kyubjcc/', 'essentially if anyone talks to you about a great investment just delete em, its always a scam', '1c04m1v'], ['u/occasionally_hippie', 10, '2024-04-10 02:08', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/kyuly0y/', 'I mean I was already chatting on WhatsApp and she was starting to send me the links. Blocked quickly. I appreciate you brother', '1c04m1v']]], ['u/MrRobotsoldier', 'Should I sell all my stocks', 37, '2024-04-10 00:15', 'https://www.reddit.com/r/SHIBArmy/comments/1c04ysp/should_i_sell_all_my_stocks/', 'I’m thinking if I should sell all my stocks for more shib i currently have 20 million coins and if I sell it would be 100 million in total. We all know bitcoin is going to halve and shiba might drop a 0 in a new all time high. ', 'https://www.reddit.com/r/SHIBArmy/comments/1c04ysp/should_i_sell_all_my_stocks/', '1c04ysp', [['u/Standard_Ad_1550', 59, '2024-04-10 01:07', 'https://www.reddit.com/r/SHIBArmy/comments/1c04ysp/should_i_sell_all_my_stocks/kyucgvq/', 'This is not the place to ask for financial advice.', '1c04ysp'], ['u/SlashRModFail', 19, '2024-04-10 01:10', 'https://www.reddit.com/r/SHIBArmy/comments/1c04ysp/should_i_sell_all_my_stocks/kyucxre/', 'What you should be figuring out is how you can raise more capital and earnings to put more into your investments and not just moving one to the other. Ie. Get some more money.', '1c04ysp'], ['u/SpookieDookie777', 14, '2024-04-10 02:34', 'https://www.reddit.com/r/SHIBArmy/comments/1c04ysp/should_i_sell_all_my_stocks/kyuq152/', 'Don’t trust any hype bro. And diversifying is the best. Not all your eggs in one basket.', '1c04ysp']]], ['u/MrEdwL', "Explain it to me like I'm 5. Why does BTC halving matter for Shib? ", 49, '2024-04-10 00:39', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/', ' ', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/', '1c05k8h', [['u/Top-Conference8532', 60, '2024-04-10 00:45', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyu93x4/', "Algorithms that buy Bitcoin buy other top cryptos in step with the Bitcoin price. It's how the algos work. Bitcoin leads the crypto market anyways, if Bitcoin is green the usually alt coins are green. If Bitcoin is red altcoin are usually red. That's why a lot of cryptos have the same daily chart. It's algos or better yet called bots buying and selling.", '1c05k8h'], ['u/sharkweeek', 25, '2024-04-10 00:50', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyu9u3k/', 'A lot of new folks may not know the market is mostly algo trading with human trades being the exception not the rule.', '1c05k8h'], ['u/OptimusED', 25, '2024-04-10 01:16', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyudvzc/', 'BTC halvings have historically been a driver for bull runs and big crypto interest. Just because Shib is controlled/ manipulated by whales and not correlating with BTC/ETC movement as much doesnt mean it wont get a big boost like everything else. Watch it. Big things are coming.', '1c05k8h'], ['u/UrPicksRTrash', 14, '2024-04-10 01:18', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyue5up/', 'Less BTC available to buy so people will buy Shib instead #facts', '1c05k8h'], ['u/Milly315', 49, '2024-04-10 01:47', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyuiqbx/', 'Rising tide raises all shibs.', '1c05k8h'], ['u/mvandemar', 18, '2024-04-10 02:04', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyulcob/', "BTC goes up, SHIB goes up. BTC goes down, SHIB goes down.\n\nBeen this way all along, no clue how people still don't know this.", '1c05k8h'], ['u/Animal_Pharmacy', 11, '2024-04-10 02:13', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyumr93/', "Why do I drink my own urine? Because it's sterile, and I like the taste", '1c05k8h'], ['u/oldhonkytonk', 25, '2024-04-10 03:31', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyuyodj/', 'You mean all trades aren’t done while sitting on the toilet?', '1c05k8h'], ['u/COLTONGRUNDY1987', 13, '2024-04-10 10:06', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyw5yb5/', 'Lol... reading this while on the toilet..', '1c05k8h']]], ['u/n0tchance', '$COST on BSC ', 41, '2024-04-10 01:27', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/', "$COST on BSC\n\nWelcome to Costco Hot Dog ($COST) on BSC! \n\nWHY $COST ON BSC IS A BUN ABOVE THE REST \n\nFOUNDER INFO:\nJeff Kirdeikis\n- Built a $500 Million USD marketcap company (TrustSwap)\n- Built a crypto app with 5 Million downloads\n- Secured $750 Million USD onchain through the project “Team Finance”. \n- Owns one of the worlds largest crypto groups with 265,000 members\n- Published top-10 author on Amazon\n\n\nTOKEN INFO:\n- Half of our liquidity is paired with Bitcoin! \nThis means that when the price of Bitcoin goes up, it drags the price of $COST up with it! \nSounds crazy, but that’s how decentralized liquidity pools work, cool eh?\n\n- The other half of our liquidity is paired with $BOOST! What’s interesting about BOOST is they have a huge treasury that is regularly used to buyback tokens. When they buyback tokens, the price of BOOST goes up. When the price of BOOST goes up, because of our LP paring, COST goes up as well!\n\nSo COST is benefitting from the price of Bitcoin going up AND the Buybacks from BOOST. In fact, on a $20,000 buyback of BOOST, $7,500 of that goes into buy pressure for COST!\n\n\nADDITIONAL INFO:\n$COST on BSC is: Fair-launched, no presale, no insiders, no vc's\nWe aint just a regular hoagie.\n\nWe’re the future of finance baby.\n\nThe world’s greatest hedge against inflation!\n\nContract address: 0x3d36685d91b060fb0351401f27ee058311fb00c1\n", 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/', '1c06oys', [['u/Glum_Milk_2949', 18, '2024-04-10 02:11', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/kyumg57/', "This will be another shoulda, coulda, woulda, moments if you don't buy in!", '1c06oys'], ['u/Particular-Lunch4142', 17, '2024-04-10 02:37', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/kyuqhr3/', 'The potential for growth for this one is insane! Great reputable founder, strong loyal community. Would be a fool not to get at least a bit of exposure on this!', '1c06oys'], ['u/Sad_Builder_3480', 12, '2024-04-10 06:29', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/kyvml96/', 'You can tell the community is behind this 100%. It’s going to take off very soon! It stayed really stable when everything else was going down. Great signs of a future 100 mil mc token!', '1c06oys'], ['u/Sad_Builder_3480', 12, '2024-04-10 06:29', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/kyvmn84/', 'The dev is the best part! Fully doxxed. Love a safe token!', '1c06oys'], ['u/Sad_Builder_3480', 10, '2024-04-10 06:31', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/kyvmswa/', 'My hope is that a lot of people that need the money get into this one early. This token is going to make a lot of people money.', '1c06oys']]], ['u/McPumpface', 'Teach Spouse About Seeds And Retrieving Our BTC Should I Unexpectedly Die', 94, '2024-04-10 01:29', 'https://www.reddit.com/r/Bitcoin/comments/1c06rdx/teach_spouse_about_seeds_and_retrieving_our_btc/', "Has anyone done this? \n\nWere there any helpful resources that made the process clearer and give the needed knowledge to take control of the family stash?\n\nI don't want my spouse to have to spend the time I've spent to understand Bitcoin. I simply want them to be able to manage the coins should I not be able to do so. The coins are currently in cold storage on a hardware wallet. Seed is stored on steel. Passphrase has been added.\n\n&#x200B;\n\nThanks!", 'https://www.reddit.com/r/Bitcoin/comments/1c06rdx/teach_spouse_about_seeds_and_retrieving_our_btc/', '1c06rdx'... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44
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:** ['• US stocks sold off on Tuesday as investors brace for the March CPI inflation report.\n• The inflation report will help set the narrative about future interest rate cuts from the Federal Reserve.\n• After the CPI report, investors will turn their attention to the start of first quarter earnings results.\nUS stocks slipped on Tuesday as investors brace for the Wednesday morning release ofthe March CPI report.\nThe March consumer price index report is set to be released Wednesday morning, and investors expect a continued decline in inflation. Current estimates suggest year-over-year core CPI will drop to 3.7% compared to the previous reading of 3.8%, while month-over-month Core CPI is expected to drop to 0.3% compared to the prior reading of 0.4%.\nAny acceleration in inflation will significantly raise the risk that interest rate cuts from the Federal Reserve are pushed back, and that could have negative implications for stock prices,according to JPMorgan.The bank previewed two other scenarios depending on what the CPI report looks like.\n"Tomorrow\'s March CPI report will be paramount," Macquarie strategist Thierry Wizman said.\nAfter the release of the CPI report, investors will turn their attention to the start of first quarter earnings results, with JPMorgan and Wells Fargo set to kick off earnings season before the market opens on Friday.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500:5,209.91, up 0.14%\n• Dow Jones Industrial Average:38,883.67, 0.02% (-9.13 points)\n• Nasdaq Composite:16,306.64, up 0.32%\nHere\'s what else happened today:\n• A famed recession indicator is flashing redeven as financial markets price in zero chance of a downturn in the coming year.\n• You can thank the baby boomers for the strong economy,according to Ed Yardeni, who said their spending in retirement will help lift economic growth going forward.\n• Any spike in inflation would send gold prices surging as much as 50% through 2025,according to market veteran Ed Yardeni.\n• These 8 stocks will post unexpectedly strong Q1 earningsduring one of the best settings for stock-pickers in almost 20 years, according to Evercore.\n• The highly volatile Destiny Tech100 fund that invests in private startups plunged 36%.Here are the fund\'s top 10 holdings.\n• Home prices are poised to jump another 5% in 2024as the market remains even tighter than it was in 2023, according to Capital Economics.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dropped by 1.32% to $85.29 a barrel.Brent crude, the international benchmark, slipped 1.01% to $89.47 a barrel.\n• Goldjumped 0.68% to $2,367.00 per ounce.\n• The 10-year Treasury yield fell six basis points to 4.367%.\n• Bitcoindropped by 3.86% to $68,865.\nRead the original article onBusiness Insider', 'Analysts at JMP Securities firmed up their view of cryptocurrency exchangeCoinbase(NASDAQ: COIN)on Tuesday, noting now there is less room for error for the company. Nevertheless, JMP Securities maintained its "outperform" rating and boosted its price target to $320. That new price target represents potential upside of 25% from the stock\'s Apr. 8 closing price.\nShares of Coinbase have surged this year asBitcoinhas rallied nearly 70% so far in 2024.\nCoinbase has also made legitimate progress in reducing its costs, a necessity as cryptocurrency trading volumes dried up during the last crash. The company has also expanded its sources of revenue beyond transaction fees.\nThe company\'s latest results put this progress on display. While revenue was down slightly in 2023, adjusted EBITDA surged into positive territory, and the company even reported a small net profit. Coinbase benefits when cryptocurrency prices are rising or volatile, both of which can induce heightened trading activity.\nThe big problem with Coinbase stock is that most of its revenue sources ultimately require sustained interest in cryptocurrencies. The company now generates meaningful revenue fromstablecoins, but the sustainability of that revenue is unclear.\nIt may be a better idea toinvest in Bitcoin directlyor through an exchange-traded fund rather than speculate on Coinbase stock. While Coinbase is a much leaner company than it was during the last cryptocurrency bubble, the company has yet to show that it can sustainably turn a profit outside of those bubbles.\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has\xa0more than tripled\xa0the return of S&P 500 since 2002*.\nSee the 10 stocks\n*Stock Advisor returns as of April 8, 2024\nTimothy Greenhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nCoinbase Stock Has 25% Upside, According to 1 Wall Street Analystwas originally published by The Motley Fool', "Investors' speculative interest in the cryptocurrency market has surged to similar levels of the 2021 bull run,accordingto a recent report by Glassnode. This comes as the highly anticipated Bitcoin halving event draws near, growing enthusiasm of a significant price movement in the near future.\nData analysis indicates thatBitcoin's bullish momentum has been building since October 2023, leading to a period of high liquidity and volatility. Glassnode highlights that the strong demand in spot markets has supported Bitcoin's year-to-date performance, mirroring a similar structure observed during the 2021 bull run.\nBitcoin gained 62% so far in 2024, with its price currently at $68,748. BTC reached new all-time highs of $73,750.07 on March 14. The introduction of spot Bitcoin ETFs in the United States on January 11 has contributed to a surge in BTC spot trading volume, peaking in March. Glassnode's report suggests that the market has now entered a state of euphoria, accompanied by a notable increase in profit-taking activities.\nFurthermore, the flow of Bitcoin in and out of exchanges has seen a significant increase since July 2023. Glassnode's data reveals that the average daily total inflows and outflows from exchanges presently stand at $8.19 billion, surpassing the peak of the 2021 bull market.", "Bitcoin(CRYPTO: BTC)has received a lot of attention lately, mainly due to the approval by the Securities and Exchange Commission and the subsequent launch by major asset managers of spot exchange-traded funds (ETFs). This, the upcoming halving, and a favorable market environment have helped drive the asset up more than fourfold since the start of 2023 (as of April 5).\nZooming out, it's a similar story. In the past five years, there aren't many assets that have outperformed Bitcoin's 1,210% gain (as of April 6). But where will theworld's top cryptocurrencybe five years from now?\nSince theBitcoin whitepapercame out in late 2008, this crypto has been around for over 15 years. And despite its ups and downs, it is now becoming a legitimate financial asset.\nEven before the approval of spot ETFs, there was growing interest from large investors, like Ark Invest, corporations, likeBlockandMicroStrategy, and countries, like El Salvador, in owning this asset.\nHowever, now that these ETFs have come to market, there's somewhat of a regulatory stamp of approval that was given to Bitcoin. That's definitely an encouraging development. And based on the massive amounts of capital inflows in these ETFs thus far, it's clear just how much more investor interest there is.\nLooking ahead, it's reasonable to expect this trend to continue, particularly as more people learn about Bitcoin. There will also be an ever-expanding list of various financial services infrastructure being built out to support Bitcoin's adoption, whether it's custody solutions, payments systems, digital wallets, and new solutions we can't quite think of yet.\nBitcoin's performance in the past four years has been nothing short of impressive. It has soared 844%. This is spectacular given that it was during a period of turmoil, with the coronavirus pandemic, inflationary pressures, higher interest rates, and ongoing recessionary fears. Gold andU.S. Treasuries, viewed as the safest assets to own, have put up poor returns in the last four years, which is disappointing considering that this is when they should have done well.\nI think this points to Bitcoin's killer use case. It's becoming viewed more and more as a superior store of value and investment opportunity for people looking to own an asset that has a fixed supply cap. In other words, I believe investors are warming up to the idea that Bitcoin can seriously raise their purchasing power over long periods of time, just like what it has done in the past.\nThe question remains about Bitcoin being used more as a payment mechanism. I think its ultimate adoption as a medium of exchange is way too uncertain right now. Therefore, I believe its utility comes from being a more popular store of value, which we are seeing play out.\nTo be clear, I'm not expecting Bitcoin to put up the same returns that it has historically. Those monster early gains are likely no longer feasible, as this is now an asset with a market cap of $1.3 trillion.\nBut I'm fairly confident that Bitcoin will continue to reward its owners. In fact, in eight of the last 11 years, it has put up stronger annual returns than any other asset class. Even with Bitcoin at all-time highs, it has massive upside potential over the next decade and beyond. There is still so much capital that could flow to Bitcoin over time, pushing up its price, while **Last 60 Days of Bitcoin's Closing Prices:** [47771.28, 48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-10 **Financial & Commodity Data:** - Gold Closing Price: $2329.60 - Crude Oil Closing Price: $86.21 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,361,047,890,375 - Hash Rate: 626404079.729565 - Transaction Count: 531054.0 - Unique Addresses: 703704.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.78 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin (BTC-USD) reached an all-time high Tuesday before falling back as some investors locked in their winnings. A new frenzy surrounding the world's largest cryptocurrency pushed the price to to $68,869, exceeding the previous high of $68,789 established on Nov. 10, 2021. Then it tumbled below the $60,000 level again in a matter of hours. The new high reinforced a remarkable comeback for bitcoin following a 2022 crash that created huge losses for investors and triggered the downfall of several big industry players, including cryptocurrency exchange FTX and its founder Sam Bankman-Fried. The dramatic retreat from Tuesday's high offered a reminder of how much volatility still surrounds this digital asset. At one point it was down 11%, the sort of drop last seen during the tumult of 2022. So far this year bitcoin has been riding a wave of excitement sparked by a series ofspot bitcoin exchange-traded fundsthat started trading in January. Those funds gave everyday investors widespread exposure to the digital asset, triggering anticipation of a record-breaking year. Read more:With bitcoin near $69,000, does it deserve a place in your portfolio? "The demand for these ETFs far exceeded anyone's expectations," Bitwise Asset Management chief investment officer Matt Hougan told Yahoo Finance. Bitwise was among the firms that got the green light from the Securities and Exchange Commission to run one of these funds. Several money managers are now predicting the digital asset could rise above $100,000 before the end of 2024. Investors are bidding other cryptocurrencies and related stocks higher too. Ether (ETH-USD), the second-largest cryptocurrency, has outperformed bitcoin by more than 7% since the beginning of the year. Several so-called meme coins — such as dogecoin (DOGE-USD), shiba inu (SHIB), and dogwifhat (WIF) — are also surging. One sign of the new mania surrounding bitcoin is the trading activity in the ETFs that launched in January. They have pulled in nearly $8 billion from investors in just two months, with the lion's share going to Wall Street heavyweights like BlackRock (BLK) and Fidelity Investments. That activity has been a boon to major crypto trading venues, including Coinbase (COIN) and Robinhood (HOOD). Coinbase is the crypto custodian for a number of these ETFs and earns fees tied directly to these products. Thedemand for tradingon Coinbase was so intense last week that it resulted in a snafu where some customers showed $0 balances in their accounts for part of one day. CEO Brian Armstrong offered assurances to customers that their funds were safe. Some individual customers reported seeing zero balances in their accounts again on Monday. There is also a basic law of economics at play in thenew market frenzysurrounding bitcoin: supply and demand. Fresh demand from the ETFs means more bitcoins are being bought on average each day than new coins are being created. The new ETFs have been purchasing a daily average of 3,320-4,300 coins since the beginning of February, three analysts who work for crypto money managers said last week. That is considerably more than the 900 coins being created daily by the bitcoin network in the same period. More supply problems are expected for bitcoin this year in light of the "halving" scheduled to take place 46 days from Monday. When it was created in 2009 by pseudonymous developer Satoshi Nakamoto, bitcoin was programmed with a fixed supply schedule that is cut in half every four years. After that next cut, the so-called halving, the daily supply of new coins will be 450 instead of 900. "We are in potentially the sweetest spot right here," Mark Connors, head of research for crypto asset manager 3iQ, told Yahoo Finance. "We can’t produce more bitcoin to meet demand." Connor’s firm has set its mid- to high-range price target for bitcoin this year at between $160,000 and $180,000. Next year, it anticipates an eye-popping target of $350,000 to $450,000 per coin. Another money manager, VanEck, set an $80,000 2024 price target for bitcoin last quarter. "Those estimates are admittedly a little stale now," Matthew Sigel, head of digital asset research for VanEck, said. There are certainly other factors at work in the current supply crunch beyond the demand from ETFs. One example: The US government has seized 215,000 BTC since 2020, according to data tracked by 21Shares. The stash includes confiscations in various seizures, such as from the 2016 hack of crypto exchange Bitfinex. The fact that they are just being held and not sold currently has constrained the supply. But that could change when the government needs to distribute some amount of that to victims, which may mean selling. As the asset price rises, many institutional buyers will also need to take profits to maintain the balance of their portfolios. That could also impact the supply-demand imbalance. There are also certainly less fundamental, and more psychological, factors driving this new rally, including the fear of missing out. Interest in bitcoin across the general US population is far from its peak compared to past rallies, Alex Thorn, head of research for Galaxy Digital, said over email Monday. Searches for "bitcoin" on Google and retail usage of crypto apps remain well below levels seen throughout the last bull market, according to Thorn. "We haven’t even begun to reach the heights this is likely to go," Thorn added. David Hollerith is a senior reporter for Yahoo Finance covering banking, crypto, and other areas in finance. Click here for the latest crypto news, updates, and more related toethereumandbitcoinprices, crypto ETFs, and market implications for cryptocurrencies Read the latest financial and business news from Yahoo Finance... - Reddit Posts (Sample): [['u/neckbeardfedora98IQ', 'Subreddit is infested with scammers. ', 112, '2024-04-10 00:00', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/', 'Just a heads up there’s a lot of posts from ‘women’ who claim to be 25-30 and are looking for older men. They are scammers who will say they are great at investing. It’s called a pig butchering scam and they want you to link your virtual wallet or bitcoin wallet and steal your money. Be weary if someone asks to move to WeChat/whatsapp or other messengers and it seems to be good to be true. ', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/', '1c04m1v', [['u/Original_Algae_8255', 16, '2024-04-10 00:08', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/kyu350k/', 'Thanks for the heads-up Bro\n\nKeep up the good work 💯💯💯', '1c04m1v'], ['u/Dismal-Ear', 21, '2024-04-10 00:33', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/kyu79b2/', "I'm female. Older than that not by much and horrible at investing. But will spam you for pet pics", '1c04m1v'], ['u/occasionally_hippie', 17, '2024-04-10 00:51', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/kyua39x/', 'Duuuuuude I think you just saved me big time', '1c04m1v'], ['u/GarethGore', 11, '2024-04-10 01:01', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/kyubjcc/', 'essentially if anyone talks to you about a great investment just delete em, its always a scam', '1c04m1v'], ['u/occasionally_hippie', 10, '2024-04-10 02:08', 'https://www.reddit.com/r/MakeNewFriendsHere/comments/1c04m1v/subreddit_is_infested_with_scammers/kyuly0y/', 'I mean I was already chatting on WhatsApp and she was starting to send me the links. Blocked quickly. I appreciate you brother', '1c04m1v']]], ['u/MrRobotsoldier', 'Should I sell all my stocks', 37, '2024-04-10 00:15', 'https://www.reddit.com/r/SHIBArmy/comments/1c04ysp/should_i_sell_all_my_stocks/', 'I’m thinking if I should sell all my stocks for more shib i currently have 20 million coins and if I sell it would be 100 million in total. We all know bitcoin is going to halve and shiba might drop a 0 in a new all time high. ', 'https://www.reddit.com/r/SHIBArmy/comments/1c04ysp/should_i_sell_all_my_stocks/', '1c04ysp', [['u/Standard_Ad_1550', 59, '2024-04-10 01:07', 'https://www.reddit.com/r/SHIBArmy/comments/1c04ysp/should_i_sell_all_my_stocks/kyucgvq/', 'This is not the place to ask for financial advice.', '1c04ysp'], ['u/SlashRModFail', 19, '2024-04-10 01:10', 'https://www.reddit.com/r/SHIBArmy/comments/1c04ysp/should_i_sell_all_my_stocks/kyucxre/', 'What you should be figuring out is how you can raise more capital and earnings to put more into your investments and not just moving one to the other. Ie. Get some more money.', '1c04ysp'], ['u/SpookieDookie777', 14, '2024-04-10 02:34', 'https://www.reddit.com/r/SHIBArmy/comments/1c04ysp/should_i_sell_all_my_stocks/kyuq152/', 'Don’t trust any hype bro. And diversifying is the best. Not all your eggs in one basket.', '1c04ysp']]], ['u/MrEdwL', "Explain it to me like I'm 5. Why does BTC halving matter for Shib? ", 49, '2024-04-10 00:39', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/', ' ', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/', '1c05k8h', [['u/Top-Conference8532', 60, '2024-04-10 00:45', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyu93x4/', "Algorithms that buy Bitcoin buy other top cryptos in step with the Bitcoin price. It's how the algos work. Bitcoin leads the crypto market anyways, if Bitcoin is green the usually alt coins are green. If Bitcoin is red altcoin are usually red. That's why a lot of cryptos have the same daily chart. It's algos or better yet called bots buying and selling.", '1c05k8h'], ['u/sharkweeek', 25, '2024-04-10 00:50', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyu9u3k/', 'A lot of new folks may not know the market is mostly algo trading with human trades being the exception not the rule.', '1c05k8h'], ['u/OptimusED', 25, '2024-04-10 01:16', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyudvzc/', 'BTC halvings have historically been a driver for bull runs and big crypto interest. Just because Shib is controlled/ manipulated by whales and not correlating with BTC/ETC movement as much doesnt mean it wont get a big boost like everything else. Watch it. Big things are coming.', '1c05k8h'], ['u/UrPicksRTrash', 14, '2024-04-10 01:18', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyue5up/', 'Less BTC available to buy so people will buy Shib instead #facts', '1c05k8h'], ['u/Milly315', 49, '2024-04-10 01:47', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyuiqbx/', 'Rising tide raises all shibs.', '1c05k8h'], ['u/mvandemar', 18, '2024-04-10 02:04', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyulcob/', "BTC goes up, SHIB goes up. BTC goes down, SHIB goes down.\n\nBeen this way all along, no clue how people still don't know this.", '1c05k8h'], ['u/Animal_Pharmacy', 11, '2024-04-10 02:13', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyumr93/', "Why do I drink my own urine? Because it's sterile, and I like the taste", '1c05k8h'], ['u/oldhonkytonk', 25, '2024-04-10 03:31', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyuyodj/', 'You mean all trades aren’t done while sitting on the toilet?', '1c05k8h'], ['u/COLTONGRUNDY1987', 13, '2024-04-10 10:06', 'https://www.reddit.com/r/SHIBArmy/comments/1c05k8h/explain_it_to_me_like_im_5_why_does_btc_halving/kyw5yb5/', 'Lol... reading this while on the toilet..', '1c05k8h']]], ['u/n0tchance', '$COST on BSC ', 41, '2024-04-10 01:27', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/', "$COST on BSC\n\nWelcome to Costco Hot Dog ($COST) on BSC! \n\nWHY $COST ON BSC IS A BUN ABOVE THE REST \n\nFOUNDER INFO:\nJeff Kirdeikis\n- Built a $500 Million USD marketcap company (TrustSwap)\n- Built a crypto app with 5 Million downloads\n- Secured $750 Million USD onchain through the project “Team Finance”. \n- Owns one of the worlds largest crypto groups with 265,000 members\n- Published top-10 author on Amazon\n\n\nTOKEN INFO:\n- Half of our liquidity is paired with Bitcoin! \nThis means that when the price of Bitcoin goes up, it drags the price of $COST up with it! \nSounds crazy, but that’s how decentralized liquidity pools work, cool eh?\n\n- The other half of our liquidity is paired with $BOOST! What’s interesting about BOOST is they have a huge treasury that is regularly used to buyback tokens. When they buyback tokens, the price of BOOST goes up. When the price of BOOST goes up, because of our LP paring, COST goes up as well!\n\nSo COST is benefitting from the price of Bitcoin going up AND the Buybacks from BOOST. In fact, on a $20,000 buyback of BOOST, $7,500 of that goes into buy pressure for COST!\n\n\nADDITIONAL INFO:\n$COST on BSC is: Fair-launched, no presale, no insiders, no vc's\nWe aint just a regular hoagie.\n\nWe’re the future of finance baby.\n\nThe world’s greatest hedge against inflation!\n\nContract address: 0x3d36685d91b060fb0351401f27ee058311fb00c1\n", 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/', '1c06oys', [['u/Glum_Milk_2949', 18, '2024-04-10 02:11', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/kyumg57/', "This will be another shoulda, coulda, woulda, moments if you don't buy in!", '1c06oys'], ['u/Particular-Lunch4142', 17, '2024-04-10 02:37', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/kyuqhr3/', 'The potential for growth for this one is insane! Great reputable founder, strong loyal community. Would be a fool not to get at least a bit of exposure on this!', '1c06oys'], ['u/Sad_Builder_3480', 12, '2024-04-10 06:29', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/kyvml96/', 'You can tell the community is behind this 100%. It’s going to take off very soon! It stayed really stable when everything else was going down. Great signs of a future 100 mil mc token!', '1c06oys'], ['u/Sad_Builder_3480', 12, '2024-04-10 06:29', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/kyvmn84/', 'The dev is the best part! Fully doxxed. Love a safe token!', '1c06oys'], ['u/Sad_Builder_3480', 10, '2024-04-10 06:31', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c06oys/cost_on_bsc/kyvmswa/', 'My hope is that a lot of people that need the money get into this one early. This token is going to make a lot of people money.', '1c06oys']]], ['u/McPumpface', 'Teach Spouse About Seeds And Retrieving Our BTC Should I Unexpectedly Die', 94, '2024-04-10 01:29', 'https://www.reddit.com/r/Bitcoin/comments/1c06rdx/teach_spouse_about_seeds_and_retrieving_our_btc/', "Has anyone done this? \n\nWere there any helpful resources that made the process clearer and give the needed knowledge to take control of the family stash?\n\nI don't want my spouse to have to spend the time I've spent to understand Bitcoin. I simply want them to be able to manage the coins should I not be able to do so. The coins are currently in cold storage on a hardware wallet. Seed is stored on steel. Passphrase has been added.\n\n&#x200B;\n\nThanks!", 'https://www.reddit.com/r/Bitcoin/comments/1c06rdx/teach_spouse_about_seeds_and_retrieving_our_btc/', '1c06rdx'... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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 plunged on Wednesday after another higher-than-expected inflation print.\n• The three major averages dropped, with the Dow losing over 400 points.\n• Odds of a June rate cut have been slashed as the Fed looks poised to continue its inflation fight.\nUS stocks plummeted on Wednesday as markets took in ahotter-than-expected inflation reportand the latest Federal Reserve meeting minutes, causing traders to push back on their expectations for Fed rate cuts this year.\nAll three benchmark indexes ended the trading session lower, with the Dow Jones Industrial Average sliding over 400 points. Bond yields soared, with the 10-year US Treasury spiking 18 basis points to 4.546%.\nInflation rose 3.5% on an annual basis in March, slightly hotter than the 3.4% increase economists were expecting. Core inflation, which excludes volatile food and energy prices, grew 3.8% year-per-year, hotter than the expected 3.7% increase.\nInflation has come in higher than expected for the past three months, which has undercut investors\' expectations for Fed rate cuts this year.Odds of a June rate cuthave fallen to 16%, according to the CME FedWatch tool, down from 56% odds priced in on Tuesday.\nBank of America maintained its outlook for a June rate cut but said it had "low confidence," given the latest CPI data. Barclays revised its outlook to just one 25 basis-point rate cut later this year, down from its initial forecast of one rate cut every other month. Goldman Sachs said it was adjusting its view to two cuts from three, asinsurance costs keep inflation running hot.\n"The Federal Reserve will have to wait even longer for evidence confirming that gains in fighting price pressures are durable before it turns accommodative," José Torres, a senior economist at Interactive Brokers, said in a statement. "Today\'s report reflects that progress on inflation has reversed, with goods and commodities turning from a disinflationary friend to an inflationary foe."\nAs of last month\'s policy meeting, Fed officials were still projecting three rate cuts to come in 2024. But newly released minutes of the Fed\'s March policy meeting show that central bankers remain cautious on the recent uptrend in inflation.\nOfficials commented on "disappointing" inflation readings over the past several months, adding they "did not expect it would be appropriate" to lower rates until there was greater confidence inflation was back on track to reach 2%, the minutes said.\n"The Fed always puts more weight on backward-looking data, and this Fed, in particular, is still scarred by the \'transitory\' inflation fiasco," Ian Shepherdson, the chief economist of Pantheon Macroeconomics said in a note on Wednesday. "The risk that the Fed waits too long and moves too slowly is rising."\nHere\'s where US indexes stood at the 4 p.m. closing bell on Wednesday:\n• S&P 500:5,160.64, down 0.95%\n• Dow Jones Industrial Average:38,461.51, down 1.09% (-422.16 points)\n• Nasdaq Composite:16,170.36, down 0.84%\nHere\'s what else happened today:\n• The Fed may actually need to cut interest rates to lower inflation, one JPMorgan strategist says.\n• Stocks are headed for a decade-long "dead" zonewith losses on par with the dot-com bust, one fund manager warns.\n• The demise of the US dollar has been over-exaggerated.\n• Wall Street\'snew biggest stock bull thinks tech can power the S&P 500 another 7% higherthis year.\n• Nvidia still has 26% upsidedespite its recent sell-off, according to Bank of America strategists.\n• Bank of America just slashed Tesla\'s stock price targetand said weak demand will hurt the carmaker.\n• Russian oil flows are sidestepping sanctionsand trading above the G-7 price cap.\n• A third of consumerssee bitcoin plunging at least 70% this year, according to a survey from Deutsche Bank.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil climbed by 1.21% to $86.26 a barrel.Brent crude, the international benchmark, ticked higher 1.25% to $90.54 a barrel.\n• Goldslipped 1.05% to $2,328.30 per ounce.\n• The 10-year Treasury yield jumped 18 basis points to 4.546%%.\n• Bitcoinrose 0.86% to $69,397.\nRead the original article onBusiness Insider', '• Bitcoin remains above $70K as Asia begins its trading day\n• One trader told CoinDesk that its too early to tell if slowing GBTC outflows will be a positive sign for bitcoin\'s price\nBitcoin {{BTC}}looks to extend Wednesday\'s gain, trading near $70,800 whileether {{ETH}} changed hands above $3,500 as the market continues to digesta higher-than-expected U.S. CPIand slowing outflows from the Grayscale Bitcoin Trust (GBTC).\n"Bitcoin exhibited strength against a hawkish CPI report and strong inflation data seeing only a retracement back down to $67,000 following the fed minutes announcement," Semir Gabeljic, director of Capital Formation at Pythagoras Investments, said in an email note.\n"[Still] The drop of -2% from Monday\'s retest of $73,000 showcases risk assets, including BTC, pricing in two rate cuts instead of three for the remainder of 2024," he added.\nBettors on decentralized predictions platform Polymarketseem to be evenly split on the number of rate cuts by the end of 2024.\nTwenty-six percent of bettors have put money on there being one cut, while 28% believe there will be two cuts, and 21% bet on no cuts at all.\nMeanwhile, Jun-Young Heo, a derivative trader at Singapore-based Presto, pointed out that the market recovered quickly after the higher-than-expected CPI announcement compared to gold or the S&P 500 index.\nThe implied volatility of options expiring on April 26th is still trading at a premium while recent historical volatility is still trending down, Heo noted.\nSome market participants are noting that bitcoin prices are reacting favorably to slower than usualoutflows from the Grayscale Bitcoin Trust (GBTC).\nOn-chain data shows that outflow from GBTC is at $18 million, which is the lowest since the launch of the U.S. bitcoin ETFs.\n"But we need to see a few more dates to find out whether GBTC outflows are becoming negligible amount since it has a higher fee than any other ETFs," Heo added.', '• Bitcoin remains above $70K as Asia begins its trading day\n• One trader told CoinDesk that its too early to tell if slowing GBTC outflows will be a positive sign for bitcoin\'s price\nBitcoin {{BTC}}looks to extend Wednesday\'s gain, trading near $70,800 whileether {{ETH}} changed hands above $3,500 as the market continues to digesta higher-than-expected U.S. CPIand slowing outflows from the Grayscale Bitcoin Trust (GBTC).\n"Bitcoin exhibited strength against a hawkish CPI report and strong inflation data seeing only a retracement back down to $67,000 following the fed minutes announcement," Semir Gabeljic, director of Capital Formation at Pythagoras Investments, said in an email note.\n"[Still] The drop of -2% from Monday\'s retest of $73,000 showcases risk assets, including BTC, pricing in two rate cuts instead of three for the remainder of 2024," he added.\nBettors on decentralized predictions platform Polymarketseem to be evenly split on the number of rate cuts by the end of 2024.\nTwenty-six percent of bettors have put money on there being one cut, while 28% believe there will be two cuts, and 21% bet on no cuts at all.\nMeanwhile, Jun-Young Heo, a derivative trader at Singapore-based Presto, pointed out that the market recovered quickly after the higher-than-expected CPI announcement compared to gold or the S&P 500 index.\nThe implied volatility of options expiring on April 26th is still trading at a premium while recent historical volatility is still trending down, Heo noted.\nSome market participants are noting that bitcoin prices are reacting favorably to slower than usualoutflows from the Grayscale Bitcoin Trust (GBTC).\nOn-chain data shows that outflow from GBTC is at $18 million, which is the lowest since the launch of the U.S. bitcoin ETFs.\n"But we need to see a few more dates to find out whether GBTC outflows are becoming negligible amount since it has a higher fee than any other ETFs," Heo added.', 'Cryfi is a marketplace and trading platform that offersblockchain-verified tradingsignalsand a leaderboard of top signal providers, along with paid signal channels for subscribers. The first version of the app has been released and a Founder Pass NFT collection is launching May 3.\nSINGAPORE, April 11, 2024 (GLOBE NEWSWIRE) --Cryfi, a blockchain-verified trading signal platform, has released its Alpha version as a Telegram Mini Appthat goes beyond basic copy-tradingto make it easier to not only share but adjust and implement trading signals. Cryfi’s Founder Pass NFT collection that grants users numerous perks on the platform will also be made available for early Cryfi supporters on May 3rd. The full-featured web-app launches later this year with the world’s first blockchain-verified trading signals and leaderboard.\n“We’re developing Cryfi’s on-chain verification to bring trust and transparency to crypto trading and remove the scam-traders that the space has become famous for,” said Cryfi founder and CEOYura Mizin. “As we enter crypto’s next bull run, more and more people are keen to start trading. There is no better way to learn how than to follow and listen to the best traders on the market today. However, since it’s currently impossible to verify someone’s trading skills, too many people end up following fakers who claim to be pros.”\nCryfi addresses these problems and more.Providing Proof-of-Signal, Cryfi’s trading signal platform features blockchain-verified signals and a leaderboard of top signal providers. Offering the perfect combination of control and automation, Cryfi users will be able to easily copy and adjust signals and then automatically implement these signals on CEXs and DEXs via API integration.Trading channel subscriptions, member management and promotions will be automatically handled for signal providers, so they can focus on trading and building the **Last 60 Days of Bitcoin's Closing Prices:** [48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-11 **Financial & Commodity Data:** - Gold Closing Price: $2354.80 - Crude Oil Closing Price: $85.02 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,372,942,003,225 - Hash Rate: 566860609.5352726 - Transaction Count: 476241.0 - Unique Addresses: 631803.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.76 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin's price experienced a bounce after days of downtrend, following the U.S. Federal Reserve's decision to maintain interest rates at their current level. As anticipated by analysts, the Federal Open Market Committee (FOMC) chose to keep the benchmark federal funds rate within the range of 5.25% to 5.50%, marking the first pause in rate adjustments in 2024. The central bankaffirmedits commitment to maintaining the target range for the federal funds rate, citing its goals and the need for greater confidence in sustainable inflation movement before considering a rate reduction. During the FOMC, the Federal Reserve recognized the strength of job gains and the low unemployment rate, although it acknowledged that inflation, while eased over the past year, remained elevated. The committee aims to achieve maximum employment and a 2% inflation rate in the long run. Market expectations, as indicated by the CME FedWatch Tool, now anticipate at least one rate cut by the FOMC meeting on July 31, with rates potentially 50 to 100 basis points lower by the end of 2024. Following the FOMC meeting,Bitcoin (BTC)gained 7.7% over the past 24 hours, reaching $67,700. Despite surpassing previous all-time highs, BTC fell by 7.2% over the past week, after outflows from spot Bitcoin ETFs and higher-than-expected inflation data pushed the price down to $61,000.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64
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:** ['• US stocks plunged on Wednesday after another higher-than-expected inflation print.\n• The three major averages dropped, with the Dow losing over 400 points.\n• Odds of a June rate cut have been slashed as the Fed looks poised to continue its inflation fight.\nUS stocks plummeted on Wednesday as markets took in ahotter-than-expected inflation reportand the latest Federal Reserve meeting minutes, causing traders to push back on their expectations for Fed rate cuts this year.\nAll three benchmark indexes ended the trading session lower, with the Dow Jones Industrial Average sliding over 400 points. Bond yields soared, with the 10-year US Treasury spiking 18 basis points to 4.546%.\nInflation rose 3.5% on an annual basis in March, slightly hotter than the 3.4% increase economists were expecting. Core inflation, which excludes volatile food and energy prices, grew 3.8% year-per-year, hotter than the expected 3.7% increase.\nInflation has come in higher than expected for the past three months, which has undercut investors\' expectations for Fed rate cuts this year.Odds of a June rate cuthave fallen to 16%, according to the CME FedWatch tool, down from 56% odds priced in on Tuesday.\nBank of America maintained its outlook for a June rate cut but said it had "low confidence," given the latest CPI data. Barclays revised its outlook to just one 25 basis-point rate cut later this year, down from its initial forecast of one rate cut every other month. Goldman Sachs said it was adjusting its view to two cuts from three, asinsurance costs keep inflation running hot.\n"The Federal Reserve will have to wait even longer for evidence confirming that gains in fighting price pressures are durable before it turns accommodative," José Torres, a senior economist at Interactive Brokers, said in a statement. "Today\'s report reflects that progress on inflation has reversed, with goods and commodities turning from a disinflationary friend to an inflationary foe."\nAs of last month\'s policy meeting, Fed officials were still projecting three rate cuts to come in 2024. But newly released minutes of the Fed\'s March policy meeting show that central bankers remain cautious on the recent uptrend in inflation.\nOfficials commented on "disappointing" inflation readings over the past several months, adding they "did not expect it would be appropriate" to lower rates until there was greater confidence inflation was back on track to reach 2%, the minutes said.\n"The Fed always puts more weight on backward-looking data, and this Fed, in particular, is still scarred by the \'transitory\' inflation fiasco," Ian Shepherdson, the chief economist of Pantheon Macroeconomics said in a note on Wednesday. "The risk that the Fed waits too long and moves too slowly is rising."\nHere\'s where US indexes stood at the 4 p.m. closing bell on Wednesday:\n• S&P 500:5,160.64, down 0.95%\n• Dow Jones Industrial Average:38,461.51, down 1.09% (-422.16 points)\n• Nasdaq Composite:16,170.36, down 0.84%\nHere\'s what else happened today:\n• The Fed may actually need to cut interest rates to lower inflation, one JPMorgan strategist says.\n• Stocks are headed for a decade-long "dead" zonewith losses on par with the dot-com bust, one fund manager warns.\n• The demise of the US dollar has been over-exaggerated.\n• Wall Street\'snew biggest stock bull thinks tech can power the S&P 500 another 7% higherthis year.\n• Nvidia still has 26% upsidedespite its recent sell-off, according to Bank of America strategists.\n• Bank of America just slashed Tesla\'s stock price targetand said weak demand will hurt the carmaker.\n• Russian oil flows are sidestepping sanctionsand trading above the G-7 price cap.\n• A third of consumerssee bitcoin plunging at least 70% this year, according to a survey from Deutsche Bank.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil climbed by 1.21% to $86.26 a barrel.Brent crude, the international benchmark, ticked higher 1.25% to $90.54 a barrel.\n• Goldslipped 1.05% to $2,328.30 per ounce.\n• The 10-year Treasury yield jumped 18 basis points to 4.546%%.\n• Bitcoinrose 0.86% to $69,397.\nRead the original article onBusiness Insider', '• Bitcoin remains above $70K as Asia begins its trading day\n• One trader told CoinDesk that its too early to tell if slowing GBTC outflows will be a positive sign for bitcoin\'s price\nBitcoin {{BTC}}looks to extend Wednesday\'s gain, trading near $70,800 whileether {{ETH}} changed hands above $3,500 as the market continues to digesta higher-than-expected U.S. CPIand slowing outflows from the Grayscale Bitcoin Trust (GBTC).\n"Bitcoin exhibited strength against a hawkish CPI report and strong inflation data seeing only a retracement back down to $67,000 following the fed minutes announcement," Semir Gabeljic, director of Capital Formation at Pythagoras Investments, said in an email note.\n"[Still] The drop of -2% from Monday\'s retest of $73,000 showcases risk assets, including BTC, pricing in two rate cuts instead of three for the remainder of 2024," he added.\nBettors on decentralized predictions platform Polymarketseem to be evenly split on the number of rate cuts by the end of 2024.\nTwenty-six percent of bettors have put money on there being one cut, while 28% believe there will be two cuts, and 21% bet on no cuts at all.\nMeanwhile, Jun-Young Heo, a derivative trader at Singapore-based Presto, pointed out that the market recovered quickly after the higher-than-expected CPI announcement compared to gold or the S&P 500 index.\nThe implied volatility of options expiring on April 26th is still trading at a premium while recent historical volatility is still trending down, Heo noted.\nSome market participants are noting that bitcoin prices are reacting favorably to slower than usualoutflows from the Grayscale Bitcoin Trust (GBTC).\nOn-chain data shows that outflow from GBTC is at $18 million, which is the lowest since the launch of the U.S. bitcoin ETFs.\n"But we need to see a few more dates to find out whether GBTC outflows are becoming negligible amount since it has a higher fee than any other ETFs," Heo added.', '• Bitcoin remains above $70K as Asia begins its trading day\n• One trader told CoinDesk that its too early to tell if slowing GBTC outflows will be a positive sign for bitcoin\'s price\nBitcoin {{BTC}}looks to extend Wednesday\'s gain, trading near $70,800 whileether {{ETH}} changed hands above $3,500 as the market continues to digesta higher-than-expected U.S. CPIand slowing outflows from the Grayscale Bitcoin Trust (GBTC).\n"Bitcoin exhibited strength against a hawkish CPI report and strong inflation data seeing only a retracement back down to $67,000 following the fed minutes announcement," Semir Gabeljic, director of Capital Formation at Pythagoras Investments, said in an email note.\n"[Still] The drop of -2% from Monday\'s retest of $73,000 showcases risk assets, including BTC, pricing in two rate cuts instead of three for the remainder of 2024," he added.\nBettors on decentralized predictions platform Polymarketseem to be evenly split on the number of rate cuts by the end of 2024.\nTwenty-six percent of bettors have put money on there being one cut, while 28% believe there will be two cuts, and 21% bet on no cuts at all.\nMeanwhile, Jun-Young Heo, a derivative trader at Singapore-based Presto, pointed out that the market recovered quickly after the higher-than-expected CPI announcement compared to gold or the S&P 500 index.\nThe implied volatility of options expiring on April 26th is still trading at a premium while recent historical volatility is still trending down, Heo noted.\nSome market participants are noting that bitcoin prices are reacting favorably to slower than usualoutflows from the Grayscale Bitcoin Trust (GBTC).\nOn-chain data shows that outflow from GBTC is at $18 million, which is the lowest since the launch of the U.S. bitcoin ETFs.\n"But we need to see a few more dates to find out whether GBTC outflows are becoming negligible amount since it has a higher fee than any other ETFs," Heo added.', 'Cryfi is a marketplace and trading platform that offersblockchain-verified tradingsignalsand a leaderboard of top signal providers, along with paid signal channels for subscribers. The first version of the app has been released and a Founder Pass NFT collection is launching May 3.\nSINGAPORE, April 11, 2024 (GLOBE NEWSWIRE) --Cryfi, a blockchain-verified trading signal platform, has released its Alpha version as a Telegram Mini Appthat goes beyond basic copy-tradingto make it easier to not only share but adjust and implement trading signals. Cryfi’s Founder Pass NFT collection that grants users numerous perks on the platform will also be made available for early Cryfi supporters on May 3rd. The full-featured web-app launches later this year with the world’s first blockchain-verified trading signals and leaderboard.\n“We’re developing Cryfi’s on-chain verification to bring trust and transparency to crypto trading and remove the scam-traders that the space has become famous for,” said Cryfi founder and CEOYura Mizin. “As we enter crypto’s next bull run, more and more people are keen to start trading. There is no better way to learn how than to follow and listen to the best traders on the market today. However, since it’s currently impossible to verify someone’s trading skills, too many people end up following fakers who claim to be pros.”\nCryfi addresses these problems and more.Providing Proof-of-Signal, Cryfi’s trading signal platform features blockchain-verified signals and a leaderboard of top signal providers. Offering the perfect combination of control and automation, Cryfi users will be able to easily copy and adjust signals and then automatically implement these signals on CEXs and DEXs via API integration.Trading channel subscriptions, member management and promotions will be automatically handled for signal providers, so they can focus on trading and building the **Last 60 Days of Bitcoin's Closing Prices:** [48293.92, 49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-11 **Financial & Commodity Data:** - Gold Closing Price: $2354.80 - Crude Oil Closing Price: $85.02 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,372,942,003,225 - Hash Rate: 566860609.5352726 - Transaction Count: 476241.0 - Unique Addresses: 631803.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.76 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin's price experienced a bounce after days of downtrend, following the U.S. Federal Reserve's decision to maintain interest rates at their current level. As anticipated by analysts, the Federal Open Market Committee (FOMC) chose to keep the benchmark federal funds rate within the range of 5.25% to 5.50%, marking the first pause in rate adjustments in 2024. The central bankaffirmedits commitment to maintaining the target range for the federal funds rate, citing its goals and the need for greater confidence in sustainable inflation movement before considering a rate reduction. During the FOMC, the Federal Reserve recognized the strength of job gains and the low unemployment rate, although it acknowledged that inflation, while eased over the past year, remained elevated. The committee aims to achieve maximum employment and a 2% inflation rate in the long run. Market expectations, as indicated by the CME FedWatch Tool, now anticipate at least one rate cut by the FOMC meeting on July 31, with rates potentially 50 to 100 basis points lower by the end of 2024. Following the FOMC meeting,Bitcoin (BTC)gained 7.7% over the past 24 hours, reaching $67,700. Despite surpassing previous all-time highs, BTC fell by 7.2% over the past week, after outflows from spot Bitcoin ETFs and higher-than-expected inflation data pushed the price down to $61,000.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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:$43.3 million for Q3 2024, up from $14.1 million in Q3 2023.\n• Datacenter Hosting Revenue:$37.7 million.\n• Cloud Services Revenue:$5.6 million.\n• Cost of Revenues:$47.1 million for Q3 2024, up from $10.5 million in Q3 2023.\n• SG&A Expenses:$30.4 million for Q3 2024, up from $10.5 million in Q3 2023.\n• Net Loss:$62.8 million or $0.52 per share for Q3 2024, compared to $7 million or $0.07 per share in Q3 2023.\n• Adjusted Net Loss:$28.9 million or $0.24 per share for Q3 2024.\n• Adjusted EBITDA:Loss of $2.3 million for Q3 2024, compared to a gain of $0.9 million in Q3 2023.\n• Cash and Equivalents:$41 million at the end of Q3 2024.\n• Debt:$61.8 million at the end of Q3 2024.\n• Warning! GuruFocus has detected 6 Warning Signs with APLD.\nRelease Date: April 11, 2024\nFor the complete transcript of the earnings call, please refer to thefull earnings call transcript.\n• Jamestown facility operated at full capacity with uninterrupted uptime throughout the quarter, marking the sixth consecutive quarter of full capacity operation.\n• Entered into exclusivity and executed an LOI with a US-based hyperscaler for 400 megawatts of capacity at the Ellendale campus, which is a significant development for future growth.\n• Strengthened balance sheet post-quarter with $160 million of announced asset sales and financing transactions.\n• Successfully procured replacement transformers from North American industry-leading manufacturers for the Ellendale facility, which is now reenergized to approximately 14% of its full capacity.\n• Revenue for the fiscal third quarter of 2024 was $43.3 million, compared to $14.1 million for the fiscal third quarter of 2023, driven primarily by increased capacity across data center hosting facilities and revenue from cloud services contracts.\n• Encountered challenges in the data center hosting business due to facility power outages, particularly at the 180 megawatt Ellendale facility, which impacted financial performance.\n• Adjusted EBITDA loss of approximately $2.3 million for the quarter, with several one-time significant items affecting financial performance and comparability.\n• Incurred unexpected expenses from addressing power outages at the Ellendale data center hosting facility, estimated at $4.5 million impact on operating loss during the quarter.\n• Recorded a $21.7 million loss on held-for-sale classification related to the Garden City transaction and $4.2 million of accelerated depreciation and amortization related to the disposal of damaged equipment.\n• Lack of significant sequential revenue growth in the cloud services business due to delays in clusters entering revenue generation.\nQ: At West, you described Ellendale and Jamestown as strategic. So I wanted to ask if it's fair to conclude from that comment that those assets would not be sold on specifically just the BTC. piece of it. Thank you very much.A: Wes Cummins - Applied Digital Corp - Chairman & CEO: Sure. Thanks, Lucas. So those assets are strategic to us and that they have a really good fiber connectivity at those sites versus what we had in Texas. And we have no plans of selling those in the US in the immediate future.\nQ: On Ellendale, you mentioned you have more than 600 megawatts of future capacity. Is this 600 megawatt inclusive of the current PTC business or incremental? And then how is this power capacity secured?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: So it's inclusive of the one 180 on the BTC. com. And right now, we've secured 535 megawatts at that site, but we believe it goes to 605.\nQ: On the debt facility that you had mentioned for the GPUs, what potential size could we think about for that?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: I'm hesitant to say the size, but it's somewhere in the multi-hundred million, maybe $500 million to $1 billion range.\nQ: Regarding the 400 megawatt hyperscaler contract, is this in addition to or a completely new move on your part with respect to what you have out there for sale?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: The 400 megawatts is inclusive of the 100. So it will take that the previous customer didn't go forward. As I've mentioned on our call last call in January, we've we have had a significant amount of interest at that site. And I think you don't know feel like we're moving forward with the best party for us to move forward with now, which is effectively for the entire site.\nQ: Could you give us a quick update on sort of where your orders sit, where the supply of GPUs, how well that's coming in, including inclusive of InfiniBand?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: Yes, sure. So couple of things on that. We feel good on the supply. We're seeing shipments on including everything. One of the the blocks we hit a little bit in the quarter is we've been hiring more people because there is a significant amount of work to put these together to commission them and turn them over to customers. And we have a bill or a limited team. And so we've been adding to that team. I think it's tens of thousands of cables that need to be connected. The cabling takes a long time and in the commissioning, but there's a lot of work involved. So hopefully, we'll shorten that with experience and with more bodies in the future. But the right now you should be thinking about eight weeks from when we receive all components on site two, the clusters being turned over to customers.\nQ: On the large potential new contract, could you give us a sense of the steps that go into that as is it? Is it contingent on financing? Or are there some details to negotiate contracts and then you go out and get financing sense of the steps and timing and how that plays out?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: So I'm not worried about financing on this one on. There's just a process that the steps you go through from a from where we are now, you know, some some diligence, a lot of things that we have to provide. And there's a lot of work to be done from a legal contracting perspective from. And then, you know, I would expect this to be kind of a 60 to 90 day process from when we started.\nQ: On the cloud services GPU side, how many GPUs did you own at the end of February and how many were generating revenue? And then what's your kind of estimate for the same, how many you'll own and will be generating revenue at the end of May?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: Yes. So we own, I believe, 5,120 for the H-100 class GPUs. So there's 4,000 -- I'm having trouble doing the math in my head to round it to the exact number, but -- So rounded to 4,000. So there's 4,000 in revenue generation now and then there's 2000 that are needed being brought up to that stage and we should have more before the end of the quarter.\nQ: Roughly, how much does the transformers cost that you need to do put in to Ellendale the new one?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: I have David here. 300,000 apiece.\nQ: Do you guys have a rough committed CapEx number for the rest and lender '24?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: We have seven more weeks of -- calendar '24. I'm sorry, let me let me come back to you on that, Mike, I don't have that in front of me. We didn't have it here for the call.\nQ: On the GPU piece, you mentioned, I think it's 4,000 generating revenue now, 2,000 to 4,000-plus online end of May. So kind of as we think about that exiting may run rate, fair to say about 8,000 generating revenue?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: Could be close to 8,000. Somewhere between 6,000 and 8,000 is the right number to think about.\nQ: On the enterprise customers that you'd want to diversify into two of those still aren't signed. So the slowdown is just you still would need to go out and sign those or kind of I guess just where are we in that process?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: Yes. So it's advanced since the last quarter. I think I'd mentioned we're in proof of concept with some and there's more move to contract negotiation, um, so that's that's definitely made an advancement. Those take just take longer. Having talked. I don't know. I think I've talked about this\nThis article first appeared onGuruFocus.", '• Mainland Chinese investors could pour $25 billion in potential Hong Kong-listed spot bitcoin exchange-traded funds (ETFs) through the Southbound Stock Connect program, according to Matrixport.\n• One Hong Kong-based observer said mainland Chinese funds have been applying to issue spot ETFs through their Hong Kong subsidiaries.\nHong Kong, one of the world’s leading financial centers and a gateway for outbound Chinese investments, is set to approve a spot bitcoin exchange-traded fund tied to bitcoin (BTC).\nThe investment vehicle could unlock up to $25 billion in demand from Chinese investors via the Southbound Stock Connect program, according to Singapore-based crypto services provider Matrixport. TheSouthbound Stock Connectallows qualified mainland Chinese investors to access eligible shares listed in Hong Kong.\n“A likely approval of Hong Kong-listed Bitcoin Spot ETFs could attract several billion dollars of capital as mainland investors take advantage of the Southbound Connect program, which facilitates up to 500 billion RMB (HK$540 billion and $70 billion] per year in transactions," Matrixport said in a report Friday.\n“Based on the (potential) available capacity, this might result in up to 200 billion Hong Kong dollars of available capacity for those HK Bitcoin ETFs—or US$25 billion," Matrixport added.\nThe estimate is based on a blue sky assumption that the average amount of the unused annual Southbound connect quota over the past three years would be channeled into the spot ETFs.\nThe Stock Connect program allows mainland Chinese investors to snap up HK$540 billion worth of Chinese stocks annually. However, flows in the past **Last 60 Days of Bitcoin's Closing Prices:** [49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-12 **Financial & Commodity Data:** - Gold Closing Price: $2356.20 - Crude Oil Closing Price: $85.66 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,353,747,602,038 - Hash Rate: 584038203.763614 - Transaction Count: 448489.0 - Unique Addresses: 683741.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Updated at 1020 EST) By Karen Brettell NEW YORK, March 1 (Reuters) - The dollar gained against the Japanese yen on Friday after Bank of Japan (BOJ) governor Kazuo Ueda said it was too soon to declare victory on inflation, but dipped against the euro after weaker than expected U.S. economic data. In cryptocurrencies, bitcoin held just below a more than two-year high reached on Wednesday. Ueda said it was too early to conclude that inflation was close to sustainably meeting the central bank's 2% inflation target and stressed the need to scrutinize more data on the wage outlook. That sent the yen lower, reversing a move from Thursday when BOJ board member Hajime Takata said that the central bank must consider overhauling its ultra-loose monetary policy, including an exit from negative interest rates and bond yield control. Inflation expectations and the path of BOJ policy will likely depend on negotiations between large firms and unions over wage increases. “If we’re right in expecting wage negotiations are going to lead to more signals that inflation is becoming a little bit more persistent in Japan, then we expect BOJ to exit negative interest rate policy,” said Bipan Rai, North American head of FX strategy at CIBC Capital in Toronto. However, “I feel like it is priced in already”, Rai added. “Beyond there we’re really looking at what sort of tweaking they do to the yield curve control program.” Big firms will settle negotiations on next year's pay with unions on March 13, ahead of the BOJ policy meeting on March 18-19. Economists project wage hikes of about 3.9% on average, exceeding a 3.58% pay rise deal struck in 2023 that was the highest in three decades. The dollar was last up 0.15% at 150.20 yen. The dollar index fell 0.15% to 103.96. The index reversed earlier gains after the University of Michigan's sentiment survey was weaker than forecast. 'TOO SOON' TO PREDICT RATE CUT TIMING U.S. manufacturing also slumped further in February, with a measure of factory employment dropping to a seven-month low amid declining new orders. The U.S. services sector growth picked up in January as new orders increased and employment rebounded, but suppliers appeared to fall behind, resulting in a measure of input prices rising to an 11-month high. The greenback has been largely rangebound as investors evaluate data for fresh clues on when the Federal Reserve is likely to begin cutting interest rates. Price increase pressures still exist in the U.S. economy and it is too soon to predict when the Fed will be able to begin to cut its benchmark interest rate, Richmond Fed President Thomas Barkin said on Friday. U.S. inflation data for January on Thursday was in line with economists’ expectations. The next major U.S. economic release will be February’s employment report due next Friday. The euro gained 0.28% to $1.0833. Data on Friday showed that euro zone inflation dipped last month but underlying price growth remained stubbornly high, adding to the case for the European Central Bank to hold interest rates at record highs a bit longer before starting to ease policy towards mid-year. The euro zone's currency has traded within a range of $1.07 to $1.11 since November as investors struggle to work out when the ECB and the Fed will start cutting rates. Sterling rose 0.09% to $1.2636. Bank of England (BoE) chief economist Huw Pill said on Friday he thought the time for a first interest rate cut by the central bank since the coronavirus pandemic remained "some way off." Bitcoin was last up 0.7% at $61,840, after reaching $63,933 on Wednesday, which was the highest since Nov. 2021. (Reporting By Karen Brettell; Additional reporting by Harry Robertson in London; Editing by Alex Richardson)... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68
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:** ["• Revenue:$43.3 million for Q3 2024, up from $14.1 million in Q3 2023.\n• Datacenter Hosting Revenue:$37.7 million.\n• Cloud Services Revenue:$5.6 million.\n• Cost of Revenues:$47.1 million for Q3 2024, up from $10.5 million in Q3 2023.\n• SG&A Expenses:$30.4 million for Q3 2024, up from $10.5 million in Q3 2023.\n• Net Loss:$62.8 million or $0.52 per share for Q3 2024, compared to $7 million or $0.07 per share in Q3 2023.\n• Adjusted Net Loss:$28.9 million or $0.24 per share for Q3 2024.\n• Adjusted EBITDA:Loss of $2.3 million for Q3 2024, compared to a gain of $0.9 million in Q3 2023.\n• Cash and Equivalents:$41 million at the end of Q3 2024.\n• Debt:$61.8 million at the end of Q3 2024.\n• Warning! GuruFocus has detected 6 Warning Signs with APLD.\nRelease Date: April 11, 2024\nFor the complete transcript of the earnings call, please refer to thefull earnings call transcript.\n• Jamestown facility operated at full capacity with uninterrupted uptime throughout the quarter, marking the sixth consecutive quarter of full capacity operation.\n• Entered into exclusivity and executed an LOI with a US-based hyperscaler for 400 megawatts of capacity at the Ellendale campus, which is a significant development for future growth.\n• Strengthened balance sheet post-quarter with $160 million of announced asset sales and financing transactions.\n• Successfully procured replacement transformers from North American industry-leading manufacturers for the Ellendale facility, which is now reenergized to approximately 14% of its full capacity.\n• Revenue for the fiscal third quarter of 2024 was $43.3 million, compared to $14.1 million for the fiscal third quarter of 2023, driven primarily by increased capacity across data center hosting facilities and revenue from cloud services contracts.\n• Encountered challenges in the data center hosting business due to facility power outages, particularly at the 180 megawatt Ellendale facility, which impacted financial performance.\n• Adjusted EBITDA loss of approximately $2.3 million for the quarter, with several one-time significant items affecting financial performance and comparability.\n• Incurred unexpected expenses from addressing power outages at the Ellendale data center hosting facility, estimated at $4.5 million impact on operating loss during the quarter.\n• Recorded a $21.7 million loss on held-for-sale classification related to the Garden City transaction and $4.2 million of accelerated depreciation and amortization related to the disposal of damaged equipment.\n• Lack of significant sequential revenue growth in the cloud services business due to delays in clusters entering revenue generation.\nQ: At West, you described Ellendale and Jamestown as strategic. So I wanted to ask if it's fair to conclude from that comment that those assets would not be sold on specifically just the BTC. piece of it. Thank you very much.A: Wes Cummins - Applied Digital Corp - Chairman & CEO: Sure. Thanks, Lucas. So those assets are strategic to us and that they have a really good fiber connectivity at those sites versus what we had in Texas. And we have no plans of selling those in the US in the immediate future.\nQ: On Ellendale, you mentioned you have more than 600 megawatts of future capacity. Is this 600 megawatt inclusive of the current PTC business or incremental? And then how is this power capacity secured?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: So it's inclusive of the one 180 on the BTC. com. And right now, we've secured 535 megawatts at that site, but we believe it goes to 605.\nQ: On the debt facility that you had mentioned for the GPUs, what potential size could we think about for that?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: I'm hesitant to say the size, but it's somewhere in the multi-hundred million, maybe $500 million to $1 billion range.\nQ: Regarding the 400 megawatt hyperscaler contract, is this in addition to or a completely new move on your part with respect to what you have out there for sale?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: The 400 megawatts is inclusive of the 100. So it will take that the previous customer didn't go forward. As I've mentioned on our call last call in January, we've we have had a significant amount of interest at that site. And I think you don't know feel like we're moving forward with the best party for us to move forward with now, which is effectively for the entire site.\nQ: Could you give us a quick update on sort of where your orders sit, where the supply of GPUs, how well that's coming in, including inclusive of InfiniBand?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: Yes, sure. So couple of things on that. We feel good on the supply. We're seeing shipments on including everything. One of the the blocks we hit a little bit in the quarter is we've been hiring more people because there is a significant amount of work to put these together to commission them and turn them over to customers. And we have a bill or a limited team. And so we've been adding to that team. I think it's tens of thousands of cables that need to be connected. The cabling takes a long time and in the commissioning, but there's a lot of work involved. So hopefully, we'll shorten that with experience and with more bodies in the future. But the right now you should be thinking about eight weeks from when we receive all components on site two, the clusters being turned over to customers.\nQ: On the large potential new contract, could you give us a sense of the steps that go into that as is it? Is it contingent on financing? Or are there some details to negotiate contracts and then you go out and get financing sense of the steps and timing and how that plays out?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: So I'm not worried about financing on this one on. There's just a process that the steps you go through from a from where we are now, you know, some some diligence, a lot of things that we have to provide. And there's a lot of work to be done from a legal contracting perspective from. And then, you know, I would expect this to be kind of a 60 to 90 day process from when we started.\nQ: On the cloud services GPU side, how many GPUs did you own at the end of February and how many were generating revenue? And then what's your kind of estimate for the same, how many you'll own and will be generating revenue at the end of May?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: Yes. So we own, I believe, 5,120 for the H-100 class GPUs. So there's 4,000 -- I'm having trouble doing the math in my head to round it to the exact number, but -- So rounded to 4,000. So there's 4,000 in revenue generation now and then there's 2000 that are needed being brought up to that stage and we should have more before the end of the quarter.\nQ: Roughly, how much does the transformers cost that you need to do put in to Ellendale the new one?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: I have David here. 300,000 apiece.\nQ: Do you guys have a rough committed CapEx number for the rest and lender '24?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: We have seven more weeks of -- calendar '24. I'm sorry, let me let me come back to you on that, Mike, I don't have that in front of me. We didn't have it here for the call.\nQ: On the GPU piece, you mentioned, I think it's 4,000 generating revenue now, 2,000 to 4,000-plus online end of May. So kind of as we think about that exiting may run rate, fair to say about 8,000 generating revenue?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: Could be close to 8,000. Somewhere between 6,000 and 8,000 is the right number to think about.\nQ: On the enterprise customers that you'd want to diversify into two of those still aren't signed. So the slowdown is just you still would need to go out and sign those or kind of I guess just where are we in that process?A: Wes Cummins - Applied Digital Corp - Chairman & CEO: Yes. So it's advanced since the last quarter. I think I'd mentioned we're in proof of concept with some and there's more move to contract negotiation, um, so that's that's definitely made an advancement. Those take just take longer. Having talked. I don't know. I think I've talked about this\nThis article first appeared onGuruFocus.", '• Mainland Chinese investors could pour $25 billion in potential Hong Kong-listed spot bitcoin exchange-traded funds (ETFs) through the Southbound Stock Connect program, according to Matrixport.\n• One Hong Kong-based observer said mainland Chinese funds have been applying to issue spot ETFs through their Hong Kong subsidiaries.\nHong Kong, one of the world’s leading financial centers and a gateway for outbound Chinese investments, is set to approve a spot bitcoin exchange-traded fund tied to bitcoin (BTC).\nThe investment vehicle could unlock up to $25 billion in demand from Chinese investors via the Southbound Stock Connect program, according to Singapore-based crypto services provider Matrixport. TheSouthbound Stock Connectallows qualified mainland Chinese investors to access eligible shares listed in Hong Kong.\n“A likely approval of Hong Kong-listed Bitcoin Spot ETFs could attract several billion dollars of capital as mainland investors take advantage of the Southbound Connect program, which facilitates up to 500 billion RMB (HK$540 billion and $70 billion] per year in transactions," Matrixport said in a report Friday.\n“Based on the (potential) available capacity, this might result in up to 200 billion Hong Kong dollars of available capacity for those HK Bitcoin ETFs—or US$25 billion," Matrixport added.\nThe estimate is based on a blue sky assumption that the average amount of the unused annual Southbound connect quota over the past three years would be channeled into the spot ETFs.\nThe Stock Connect program allows mainland Chinese investors to snap up HK$540 billion worth of Chinese stocks annually. However, flows in the past **Last 60 Days of Bitcoin's Closing Prices:** [49958.22, 49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-12 **Financial & Commodity Data:** - Gold Closing Price: $2356.20 - Crude Oil Closing Price: $85.66 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,353,747,602,038 - Hash Rate: 584038203.763614 - Transaction Count: 448489.0 - Unique Addresses: 683741.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Updated at 1020 EST) By Karen Brettell NEW YORK, March 1 (Reuters) - The dollar gained against the Japanese yen on Friday after Bank of Japan (BOJ) governor Kazuo Ueda said it was too soon to declare victory on inflation, but dipped against the euro after weaker than expected U.S. economic data. In cryptocurrencies, bitcoin held just below a more than two-year high reached on Wednesday. Ueda said it was too early to conclude that inflation was close to sustainably meeting the central bank's 2% inflation target and stressed the need to scrutinize more data on the wage outlook. That sent the yen lower, reversing a move from Thursday when BOJ board member Hajime Takata said that the central bank must consider overhauling its ultra-loose monetary policy, including an exit from negative interest rates and bond yield control. Inflation expectations and the path of BOJ policy will likely depend on negotiations between large firms and unions over wage increases. “If we’re right in expecting wage negotiations are going to lead to more signals that inflation is becoming a little bit more persistent in Japan, then we expect BOJ to exit negative interest rate policy,” said Bipan Rai, North American head of FX strategy at CIBC Capital in Toronto. However, “I feel like it is priced in already”, Rai added. “Beyond there we’re really looking at what sort of tweaking they do to the yield curve control program.” Big firms will settle negotiations on next year's pay with unions on March 13, ahead of the BOJ policy meeting on March 18-19. Economists project wage hikes of about 3.9% on average, exceeding a 3.58% pay rise deal struck in 2023 that was the highest in three decades. The dollar was last up 0.15% at 150.20 yen. The dollar index fell 0.15% to 103.96. The index reversed earlier gains after the University of Michigan's sentiment survey was weaker than forecast. 'TOO SOON' TO PREDICT RATE CUT TIMING U.S. manufacturing also slumped further in February, with a measure of factory employment dropping to a seven-month low amid declining new orders. The U.S. services sector growth picked up in January as new orders increased and employment rebounded, but suppliers appeared to fall behind, resulting in a measure of input prices rising to an 11-month high. The greenback has been largely rangebound as investors evaluate data for fresh clues on when the Federal Reserve is likely to begin cutting interest rates. Price increase pressures still exist in the U.S. economy and it is too soon to predict when the Fed will be able to begin to cut its benchmark interest rate, Richmond Fed President Thomas Barkin said on Friday. U.S. inflation data for January on Thursday was in line with economists’ expectations. The next major U.S. economic release will be February’s employment report due next Friday. The euro gained 0.28% to $1.0833. Data on Friday showed that euro zone inflation dipped last month but underlying price growth remained stubbornly high, adding to the case for the European Central Bank to hold interest rates at record highs a bit longer before starting to ease policy towards mid-year. The euro zone's currency has traded within a range of $1.07 to $1.11 since November as investors struggle to work out when the ECB and the Fed will start cutting rates. Sterling rose 0.09% to $1.2636. Bank of England (BoE) chief economist Huw Pill said on Friday he thought the time for a first interest rate cut by the central bank since the coronavirus pandemic remained "some way off." Bitcoin was last up 0.7% at $61,840, after reaching $63,933 on Wednesday, which was the highest since Nov. 2021. (Reporting By Karen Brettell; Additional reporting by Harry Robertson in London; Editing by Alex Richardson)... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
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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:** ["Christopher Joseph Meade; Senior MD, General Counsel & Chief Legal Officer; BlackRock, Inc.\nLaurence Douglas Fink; Chairman & CEO; BlackRock, Inc.\nMartin S. Small; Senior MD, CFO & Global Head of Corporate Strategy; BlackRock, Inc.\nRobert Steven Kapito; President & Director; BlackRock, Inc.\nAlexander Blostein; Lead Capital Markets Analyst; Goldman Sachs Group, Inc., Research Division\nBrian Bertram Bedell; Director in Equity Research; Deutsche Bank AG, Research Division\nCraig William Siegenthaler; MD & Head of the North American Asset Managers, Brokers & Exchanges Team; BofA Securities, Research Division\nDaniel Thomas Fannon; Senior Equity Research Analyst; Jefferies LLC, Research Division\nKenneth Brooks Worthington; MD; JPMorgan Chase & Co, Research Division\nMichael J. Cyprys; Executive Director and Senior Research Analyst; Morgan Stanley, Research Division\nMichael Patrick Davitt; Senior Analyst of US Asset Managers; Autonomous Research US LP\nWilliam Raymond Katz; Senior Analyst; TD Cowen, Research Division\nOperator\nGood morning. My name is Katie, and I will be your conference facilitator today. At this time, I would like to welcome everyone to the BlackRock, Inc. First Quarter 2024 Earnings Teleconference.Our host for today's call will be the Chairman and Chief Executive Officer, Laurence D. Fink; Chief Financial Officer, Martin S. Small; President, Robert S. Kapito; and General Counsel, Christopher J. Meade. (Operator Instructions). Thank you.Mr. Meade, you may begin your conference.\nChristopher Joseph Meade\nThank you. Good morning, everyone. I'm Chris Meade, the General Counsel of BlackRock.Before we begin, I'd like to remind you that during the course of this call, we may make a number of forward-looking statements. We call your attention to the fact that BlackRock's actual results may, of course, differ from these statements.As you know, BlackRock has filed reports with the SEC, which was some of the factors that may result -- cause the results of BlackRock to differ materially from what we say today.BlackRock assumes no duty and does not undertake to update any forward-looking statements.So with that, I'll turn it over to Martin.\nMartin S. Small\nThanks, Chris, and good morning, everyone. It's my pleasure to present results for the first quarter of 2024.Before I turn it over to Larry, I'll review our financial performance and business results. Our earnings release discloses both GAAP and as-adjusted financial results. I'll be focusing primarily on our as-adjusted results.BlackRock's first quarter results reflect sustained momentum across our entire platform. We ended the quarter with record AUM of nearly $10.5 trillion and one of the strongest opportunity sets ahead across multiple growth engines, including technology, outsourced solutions and private markets. Momentum's accelerating, and we have line of sight into a breadth of significant mandates in investment management and technology spanning client channels and geographies.Teams across BlackRock are energized and organized to execute on these opportunities and deliver BlackRock's platform to clients through world-class client service. We built BlackRock to be a structural grower with industry leadership in secular growth areas like ETFs, private markets, model portfolios and technology. With supportive markets and more optimistic sentiment from clients, we're confident in our ability to both grow assets on behalf of clients and drive profitable growth for our shareholders.First quarter long-term net inflows of $76 billion continued to lead the industry, driving positive organic base fee growth alongside double-digit growth year-over-year in revenue and earnings as well as 180 basis points of margin expansion. Excluding low-fee institutional index equity flows, we saw $100 billion of long-term net inflows in the quarter.As equity markets powered to record highs in the first quarter, investors who were waiting in cash missed out on significant returns across broader markets. With long-term investing, time in the markets is often more important than market timing. Although cash remains an attractive safe haven with the prospect of fewer rate cuts for 2024, the nearly 30% increase in equities over the last year continues to propel clients towards rerisking into stocks and bonds.Clients choose BlackRock for performance. They continue to consolidate more of their portfolios with us, which is driving our growth premium. With more clarity on interest rates and a supportive market backdrop, the assets we manage on behalf of our clients, our units of trust ended the quarter up $1.4 trillion from a year ago, an increase of 15%. Organic asset and base fee growth again accelerated into the end of the quarter, and we see broad-based momentum growing across client channels and regions.In the first quarter, BlackRock generated long-term net inflows of $76 billion, partially offset by seasonal outflows from institutional money market funds. Total annualized organic base fee growth of 1% reflected seasonally softer flows earlier in the quarter before coming back to target in March.First quarter revenue of $4.7 billion increased 11% year-over-year, driven by the impact of market appreciation over the last 12 months on average AUM and higher performance fees and technology services revenue.Operating income of $1.8 billion was up 17% and earnings per share of $9.81 was 24% higher versus a year ago, also reflecting higher nonoperating income.Nonoperating results for the quarter included $90 million of net investment gains, driven primarily by mark-to-market noncash gains on our unhedged seed capital investments and minority investment in Envestnet.Our as-adjusted tax rate for the first quarter was approximately 23% and included discrete tax benefits related to stock-based compensation awards that vest in the first quarter of each year.We continue to estimate that 25% is a reasonable projected tax run rate for the remainder of 2024, though the actual effective tax rate may differ because of nonrecurring or discrete items or potential changes in tax legislation.First quarter base fees and securities lending revenue of $3.8 billion was up 8% year-over-year and up 5% sequentially, driven by the positive impact of market beta on average AUM and positive organic base fee growth. On an equivalent day count basis, our annualized effective fee rate was 0.3 basis point lower compared to the fourth quarter. This was mainly due to the relative outperformance of lower-fee U.S. equity markets, client preferences for lower-fee U.S. exposures and lower securities lending revenue.Performance fees of $204 million increased from a year ago, primarily reflecting higher revenue from alternatives.Quarterly technology services revenue was up 11% compared to a year ago, reflecting sustained demand for our Aladdin technology offerings.Annual contract value or ACV increased 9% year-over-year.Beginning in the first quarter of 2024, earnings recognized from minority investments accounted for under equity method will be presented as part of our nonoperating results. Advisory and other revenue increased from a year ago, primarily reflecting this change.In addition, as many of you know, we updated the presentation of expense line items by including a new sales, asset and account income statement caption. This category includes distribution and servicing costs, direct fund expense and sub-advisory and other sales, asset and account-based expense. Sub-advisory and other expense, which are variable noncompensation expenses associated with asset and revenue growth, was previously reported within general and administration expense.We believe this change provides investors a clearer view of both BlackRock's variable noncompensation expense and G&A, which represents more fixed costs. It represents how we'll execute on our financial rubric of aligning investment spend with our highest conviction growth areas, variabilizing more of our expense base and generating fixed cost scale.Total expense increased 8% year-over-year, reflecting higher compensation, G&A and sales, asset and account expense.Employee compensation and benefit expense was up 11%, primarily reflecting higher incentive compensation as a result of higher operating income and performance fees.G&A expense increased 6% due to the timing of technology investment spend in the prior year. Sequentially, G&A expense decreased 12%, reflecting timing of technology investment spend and seasonally higher marketing and promotional expense in the fourth quarter. While one quarter's results can be impacted by timing of spend, we expect technology to be one of our primary areas of investment within G&A.Sales, asset and account expense increased 5% compared to a year ago, primarily driven by higher direct fund expense.Direct fund expense was up 7% year-over-year, mainly due to higher average index AUM. Sequentially, direct fund expense increased due to higher average index AUM in the current quarter and higher rebates that seasonally occur in the fourth quarter.Our first quarter as-adjusted operating margin of 42.2% was up 180 basis points from a year ago. As markets improve, we remain committed to driving operating leverage and profitable growth. BlackRock's industry-leading organic growth is a direct result of the disciplined investments we've made consistently through market cycles.Looking forward, we'll continue to prioritize investments with differentiated organic growth potential or that will expand operating leverage through enhanced scale.In line with our guidance in January and excluding the impact of Global Infrastructure Partners and related transaction costs, at present, we would expect our head count to be broadly flat in 2024 and we would also expect a low to mid-single-digit percentage increase in 2024 core G&A expense.Our capital management strategy remains consistent: we invest first, either to scale strategic growth initiative **Last 60 Days of Bitcoin's Closing Prices:** [49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-13 **Financial & Commodity Data:** - Gold Closing Price: $2356.20 - Crude Oil Closing Price: $85.66 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,328,293,889,688 - Hash Rate: 704281363.3620051 - Transaction Count: 507173.0 - Unique Addresses: 683432.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • Crypto markets experienced volatility overnight as bitcoin and ether tumbled before recovering to trade 15% higher than their Wednesday lows. • Wednesday's decline was attributed to profit-taking from last week's rally and a flush of leveraged bets on higher prices, with some traders suggesting a technical downtrend. • Sentiment reversed after U.S. Federal Reserve Chair Jerome Powell's dovish FOMC speech, leading to a jump in BTC, ETH, and other major tokens, particularly those of layer-2 platforms and meme coins. The inherent volatility of crypto markets was on full display overnight as bitcoin {{BTC}} and ether {{ETH}} tumbled, then recovered to trade as much as 15% above their Wednesday lows . BTC and ETH rose as much as 11% in the past 24 hours, leading gains among major tokens. Solana's SOL, Cardano's ADA and BNB Chain's BNB added as much as 8%, data from CoinGecko shows. TheCoinDesk 20 Index, a measure of the broader crypto market, was recently 7.62% higher. Tokens oflayer-2 platforms, or blockchains based on Ethereum, led as a sector with an average jump of 25% in the past 24 hours,CoinGecko datashows. Meme coins followed with a 16% jump. On Wednesday, markets started to slide in early Asian hours amid profit-taking from last week's rally and a flush of levered bets on higher prices. Overall capitalization dropped over 15% in the past week,as reported, with some traders stating that bitcoin showed signs of a technical downtrend – which indicated further losses in the offing. Sentiment reversed later in the day after U.S. Federal Reserve Chair Jerome Powell's FOMC speech hit a dovish tone. The central bank maintained its outlook for three rate cuts this year despite hotter-than-expected inflation figures. Singapore-based trading firm QCP Capital said in a daily note that buying was led by spot transactions – a better reflection of demand than futures-led trading, which is usually more speculative. "Demand seems to be largely spot driven with little change in funding rates. (BTC spot ETF flow data in the next few hours will confirm the spot demand)," QCP said in a Telegram broadcast. Dogecoin {{DOGE}} jumped 18% after a March 7 filing from the prominent crypto exchange Coinbasewent viral on X, showing it plans to offer DOGE, litecoin {{LTC}} and bitcoin cash {{BCH}} futures as early as April 1. Some tradersconsidered the moveas a possible precursor to an eventual spot DOGE exchange-traded fund (ETF). Coinbase – known for its strict listing criteria and regulatory compliance – said in the filing that DOGE was beyond a "joke" token in the current investing climate. "Dogecoin's enduring popularity and the active community support suggest that it has transcended its origins as a meme to become a staple of the cryptocurrency world," it 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.
65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27
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:** ["Christopher Joseph Meade; Senior MD, General Counsel & Chief Legal Officer; BlackRock, Inc.\nLaurence Douglas Fink; Chairman & CEO; BlackRock, Inc.\nMartin S. Small; Senior MD, CFO & Global Head of Corporate Strategy; BlackRock, Inc.\nRobert Steven Kapito; President & Director; BlackRock, Inc.\nAlexander Blostein; Lead Capital Markets Analyst; Goldman Sachs Group, Inc., Research Division\nBrian Bertram Bedell; Director in Equity Research; Deutsche Bank AG, Research Division\nCraig William Siegenthaler; MD & Head of the North American Asset Managers, Brokers & Exchanges Team; BofA Securities, Research Division\nDaniel Thomas Fannon; Senior Equity Research Analyst; Jefferies LLC, Research Division\nKenneth Brooks Worthington; MD; JPMorgan Chase & Co, Research Division\nMichael J. Cyprys; Executive Director and Senior Research Analyst; Morgan Stanley, Research Division\nMichael Patrick Davitt; Senior Analyst of US Asset Managers; Autonomous Research US LP\nWilliam Raymond Katz; Senior Analyst; TD Cowen, Research Division\nOperator\nGood morning. My name is Katie, and I will be your conference facilitator today. At this time, I would like to welcome everyone to the BlackRock, Inc. First Quarter 2024 Earnings Teleconference.Our host for today's call will be the Chairman and Chief Executive Officer, Laurence D. Fink; Chief Financial Officer, Martin S. Small; President, Robert S. Kapito; and General Counsel, Christopher J. Meade. (Operator Instructions). Thank you.Mr. Meade, you may begin your conference.\nChristopher Joseph Meade\nThank you. Good morning, everyone. I'm Chris Meade, the General Counsel of BlackRock.Before we begin, I'd like to remind you that during the course of this call, we may make a number of forward-looking statements. We call your attention to the fact that BlackRock's actual results may, of course, differ from these statements.As you know, BlackRock has filed reports with the SEC, which was some of the factors that may result -- cause the results of BlackRock to differ materially from what we say today.BlackRock assumes no duty and does not undertake to update any forward-looking statements.So with that, I'll turn it over to Martin.\nMartin S. Small\nThanks, Chris, and good morning, everyone. It's my pleasure to present results for the first quarter of 2024.Before I turn it over to Larry, I'll review our financial performance and business results. Our earnings release discloses both GAAP and as-adjusted financial results. I'll be focusing primarily on our as-adjusted results.BlackRock's first quarter results reflect sustained momentum across our entire platform. We ended the quarter with record AUM of nearly $10.5 trillion and one of the strongest opportunity sets ahead across multiple growth engines, including technology, outsourced solutions and private markets. Momentum's accelerating, and we have line of sight into a breadth of significant mandates in investment management and technology spanning client channels and geographies.Teams across BlackRock are energized and organized to execute on these opportunities and deliver BlackRock's platform to clients through world-class client service. We built BlackRock to be a structural grower with industry leadership in secular growth areas like ETFs, private markets, model portfolios and technology. With supportive markets and more optimistic sentiment from clients, we're confident in our ability to both grow assets on behalf of clients and drive profitable growth for our shareholders.First quarter long-term net inflows of $76 billion continued to lead the industry, driving positive organic base fee growth alongside double-digit growth year-over-year in revenue and earnings as well as 180 basis points of margin expansion. Excluding low-fee institutional index equity flows, we saw $100 billion of long-term net inflows in the quarter.As equity markets powered to record highs in the first quarter, investors who were waiting in cash missed out on significant returns across broader markets. With long-term investing, time in the markets is often more important than market timing. Although cash remains an attractive safe haven with the prospect of fewer rate cuts for 2024, the nearly 30% increase in equities over the last year continues to propel clients towards rerisking into stocks and bonds.Clients choose BlackRock for performance. They continue to consolidate more of their portfolios with us, which is driving our growth premium. With more clarity on interest rates and a supportive market backdrop, the assets we manage on behalf of our clients, our units of trust ended the quarter up $1.4 trillion from a year ago, an increase of 15%. Organic asset and base fee growth again accelerated into the end of the quarter, and we see broad-based momentum growing across client channels and regions.In the first quarter, BlackRock generated long-term net inflows of $76 billion, partially offset by seasonal outflows from institutional money market funds. Total annualized organic base fee growth of 1% reflected seasonally softer flows earlier in the quarter before coming back to target in March.First quarter revenue of $4.7 billion increased 11% year-over-year, driven by the impact of market appreciation over the last 12 months on average AUM and higher performance fees and technology services revenue.Operating income of $1.8 billion was up 17% and earnings per share of $9.81 was 24% higher versus a year ago, also reflecting higher nonoperating income.Nonoperating results for the quarter included $90 million of net investment gains, driven primarily by mark-to-market noncash gains on our unhedged seed capital investments and minority investment in Envestnet.Our as-adjusted tax rate for the first quarter was approximately 23% and included discrete tax benefits related to stock-based compensation awards that vest in the first quarter of each year.We continue to estimate that 25% is a reasonable projected tax run rate for the remainder of 2024, though the actual effective tax rate may differ because of nonrecurring or discrete items or potential changes in tax legislation.First quarter base fees and securities lending revenue of $3.8 billion was up 8% year-over-year and up 5% sequentially, driven by the positive impact of market beta on average AUM and positive organic base fee growth. On an equivalent day count basis, our annualized effective fee rate was 0.3 basis point lower compared to the fourth quarter. This was mainly due to the relative outperformance of lower-fee U.S. equity markets, client preferences for lower-fee U.S. exposures and lower securities lending revenue.Performance fees of $204 million increased from a year ago, primarily reflecting higher revenue from alternatives.Quarterly technology services revenue was up 11% compared to a year ago, reflecting sustained demand for our Aladdin technology offerings.Annual contract value or ACV increased 9% year-over-year.Beginning in the first quarter of 2024, earnings recognized from minority investments accounted for under equity method will be presented as part of our nonoperating results. Advisory and other revenue increased from a year ago, primarily reflecting this change.In addition, as many of you know, we updated the presentation of expense line items by including a new sales, asset and account income statement caption. This category includes distribution and servicing costs, direct fund expense and sub-advisory and other sales, asset and account-based expense. Sub-advisory and other expense, which are variable noncompensation expenses associated with asset and revenue growth, was previously reported within general and administration expense.We believe this change provides investors a clearer view of both BlackRock's variable noncompensation expense and G&A, which represents more fixed costs. It represents how we'll execute on our financial rubric of aligning investment spend with our highest conviction growth areas, variabilizing more of our expense base and generating fixed cost scale.Total expense increased 8% year-over-year, reflecting higher compensation, G&A and sales, asset and account expense.Employee compensation and benefit expense was up 11%, primarily reflecting higher incentive compensation as a result of higher operating income and performance fees.G&A expense increased 6% due to the timing of technology investment spend in the prior year. Sequentially, G&A expense decreased 12%, reflecting timing of technology investment spend and seasonally higher marketing and promotional expense in the fourth quarter. While one quarter's results can be impacted by timing of spend, we expect technology to be one of our primary areas of investment within G&A.Sales, asset and account expense increased 5% compared to a year ago, primarily driven by higher direct fund expense.Direct fund expense was up 7% year-over-year, mainly due to higher average index AUM. Sequentially, direct fund expense increased due to higher average index AUM in the current quarter and higher rebates that seasonally occur in the fourth quarter.Our first quarter as-adjusted operating margin of 42.2% was up 180 basis points from a year ago. As markets improve, we remain committed to driving operating leverage and profitable growth. BlackRock's industry-leading organic growth is a direct result of the disciplined investments we've made consistently through market cycles.Looking forward, we'll continue to prioritize investments with differentiated organic growth potential or that will expand operating leverage through enhanced scale.In line with our guidance in January and excluding the impact of Global Infrastructure Partners and related transaction costs, at present, we would expect our head count to be broadly flat in 2024 and we would also expect a low to mid-single-digit percentage increase in 2024 core G&A expense.Our capital management strategy remains consistent: we invest first, either to scale strategic growth initiative **Last 60 Days of Bitcoin's Closing Prices:** [49742.44, 51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-13 **Financial & Commodity Data:** - Gold Closing Price: $2356.20 - Crude Oil Closing Price: $85.66 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,328,293,889,688 - Hash Rate: 704281363.3620051 - Transaction Count: 507173.0 - Unique Addresses: 683432.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • Crypto markets experienced volatility overnight as bitcoin and ether tumbled before recovering to trade 15% higher than their Wednesday lows. • Wednesday's decline was attributed to profit-taking from last week's rally and a flush of leveraged bets on higher prices, with some traders suggesting a technical downtrend. • Sentiment reversed after U.S. Federal Reserve Chair Jerome Powell's dovish FOMC speech, leading to a jump in BTC, ETH, and other major tokens, particularly those of layer-2 platforms and meme coins. The inherent volatility of crypto markets was on full display overnight as bitcoin {{BTC}} and ether {{ETH}} tumbled, then recovered to trade as much as 15% above their Wednesday lows . BTC and ETH rose as much as 11% in the past 24 hours, leading gains among major tokens. Solana's SOL, Cardano's ADA and BNB Chain's BNB added as much as 8%, data from CoinGecko shows. TheCoinDesk 20 Index, a measure of the broader crypto market, was recently 7.62% higher. Tokens oflayer-2 platforms, or blockchains based on Ethereum, led as a sector with an average jump of 25% in the past 24 hours,CoinGecko datashows. Meme coins followed with a 16% jump. On Wednesday, markets started to slide in early Asian hours amid profit-taking from last week's rally and a flush of levered bets on higher prices. Overall capitalization dropped over 15% in the past week,as reported, with some traders stating that bitcoin showed signs of a technical downtrend – which indicated further losses in the offing. Sentiment reversed later in the day after U.S. Federal Reserve Chair Jerome Powell's FOMC speech hit a dovish tone. The central bank maintained its outlook for three rate cuts this year despite hotter-than-expected inflation figures. Singapore-based trading firm QCP Capital said in a daily note that buying was led by spot transactions – a better reflection of demand than futures-led trading, which is usually more speculative. "Demand seems to be largely spot driven with little change in funding rates. (BTC spot ETF flow data in the next few hours will confirm the spot demand)," QCP said in a Telegram broadcast. Dogecoin {{DOGE}} jumped 18% after a March 7 filing from the prominent crypto exchange Coinbasewent viral on X, showing it plans to offer DOGE, litecoin {{LTC}} and bitcoin cash {{BCH}} futures as early as April 1. Some tradersconsidered the moveas a possible precursor to an eventual spot DOGE exchange-traded fund (ETF). Coinbase – known for its strict listing criteria and regulatory compliance – said in the filing that DOGE was beyond a "joke" token in the current investing climate. "Dogecoin's enduring popularity and the active community support suggest that it has transcended its origins as a meme to become a staple of the cryptocurrency world," it 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. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
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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:** ["February ended with stocks hitting new highs and not many signs of trouble.\nYes, oil and gasoline prices were higher. Yes, there were some hints of rising inflation.\nBut those issues seemed to be blips. The Federal Reserve was going to cut interest rates sometime this year as inflation neared 2% a year.\nRelated: Fed members' updated interest rate outlooks rock markets\nWall Street all but guaranteed multiple ate cuts. Without, dare we say it, paying enough attention to the warning signs.\nStocks slumped in an ugly way on Friday. The Standard & Poor's 500 Index, whose components represent roughly 75% of the market value of U.S. stocks, dropped nearly 1.6% for the week, its second weekly loss in a row.\nThe Dow Jones industrials fell 2.4% in its second straight weekly loss.\nThe Nasdaq 100 Index, heavily weighted to favor the biggest tech stocks, fell 0.52% and fell for a third straight week.\nAnd the Russell 2000 Index, which has large concentrations of regional banks and companies struggling to be profitable, fell 3.2%.\nIn theory, markets might continue to slide, perhaps for a month or so, until rates do move lower (or the Fed acts) and stock prices of strong companies hit levels that make them irresistible.\nThese were increasing warning signs that markets would be pressured, at the very least, before the end of the week.\nOil prices.West Texas Intermediate, the benchmark U.S., was rising more quickly than many expected. Brent crude, the global benchmark, finished at $90.45, up 33% since the end of 2023. Many economists suggest Brent will breach $100 a barrel in the not-too-distant future.\nInterest rates.The 10-year Treasury yield closed at 4.532% on Friday, up 16.8% from its 2023 close of 3.881%. Mortgage rates are at about 7.3%, about where they were in late November, according toMortgage News Daily.\nTech stocks stopped soaring.Nvidia(NVDA)may be up 78% for the year and 121% since the October market bottom. But the shares are down 9.5% since peaking on March 8. The Nasdaq 100 Index last set a 52-week high on March 21.\nTax selling.Some investors may have been selling to settle up with the Internal Revenue Service.\nIt may be fair to say that investors' enthusiasm had gotten way ahead of itself.\nThat was especially true of Wall Street banks and money managers. Many had begun 2024 believing the Fed would cut rates perhaps as much as seven times this year because the economy would slump without rate cuts.\nThat meant stocks and proxies like cryptocurrencies would surge without end. Bitcoin was at about $68,800 on Saturday afternoon, up 50% on the year. But it has fallen more than 13% from peaks reached in mid-March.\nMore on the economy and inflation\n• Watch out for 8% mortgage rates\n• Ex-Treasury official unveils startling interest rate outlook\n• Weekly Roundup: Market Sobers Up on Inflation\nSo far, the Fed has left its base rate, the federal funds rate, at 5.25% to 5.5% since July 2023. Multiple Fed officials wanted more progress in the fight against inflation.\nDomestic inflation had hit 9% in summer 2022 and came down as interest rates moved from near 0% in late 2021 to current levels.\nThe federal funds rate is the rate banks are supposed to charge each other for loans to meet regulatory requirements. All U.S. interest rates start from that point.\nSpencer Platt/Getty Images\nSo, it's possible markets will be volatile next week regardless of what the earnings reports say. JP Morgan Chase's results on April 12 were actually quite strong.\nIt was the banking giant's cloudy outlook that pushed the Dow component down 6.5%, setting off the big market slump.\nIt was also fear rate cuts might not happen, plus worries about violence in the Middle East,that pushed the major averages sharply lower on April 10.\nIt is possible more declines are ahead, but they may be short-lived because 2024 is not 2008.\nDownturns of 10% have occurred at least 10 times since 2012,according to Charles Schwab data.\nThe S&P 500 fell 15% in December 2018 because of former President Donald Trump's threats to start a trade war with China.\xa0The market had recovered by the end of February.\nWhen the turn comes this time, it will surprise everyone except the smart people who were looking for it.\nYou can see the bottom forming in October 2023 in Nvidia's price action.\nThe shares had been flirting with $500 through the summer, then started to sag.\nOn\xa0Oct. 26, the shares dropped to as low as $398.80, then bounced back to $403.21.\nConfirmation of the bottom came on Oct. 31, when Nvidia hit $392.30, then recovered back to $407.74.\nFrom there it surged to $974 on March 8 and fell back to $875.28. It's been going sideways ever since.\nSo, stocks and markets are pulling back but maybe not dangerously.\nA new stress for markets erupted, however, over the weekend when Iran launched a barrage of drones and missiles at Israel in apparent retaliation after an Israeli attack on what Iran said was a consular building within its embassy compound in Damascus.\nBut evidence on Sunday suggested the missiles caused little damage. Futures trading Sunday suggested stocks would open higher at Monday's open. Oil prices were flat-to-lower.\nRelated: This is how crazy Buffalo got during the eclipse\nEarly reports said the missiles, seen over Israel and Jordan were being intercepted. How the attacks affect markets will depend on how much damage and loss of life results.\nIn the meantime, the week ahead will feature some important economic reports, including:\n• Housing starts and building permits on Tuesday morning. Both will likely show housing activity is sliding back because of high mortgage rates.\n• Jobless claims, due Thursday morning, a weekly survey of how many people are filing for unemployment compensation.\n• Existing-home sales from the National Association of Realtors, due Thursday. The estimate is that sales in March ran at an annualized rate of 4.2 million homes and condos, down from 4.38 million units in February.\nThe first-quarter earnings season began Friday in earnest when some of the biggest banks reported results. The results were mostly good. The commentary, especially from banking giant JP Morgan Chase(JPM), was less optimistic and helped set off Friday's slump.\nThe earnings reports will continue over the next months. This week includes reports from:\nMonday:Investment banking giant Goldman Sachs(GS), Charles Schwab(SCHW), and M&T Bank(MTB). The trio are expected to report results smaller than in the 2023 first quarter.\nTuesday:Health-insurance giant UnitedHealth Group(UNH), Johnson & Johnson(JNJ), Bank of America(BAC), Mastercard(MA)and United Airlines(UAL). Investors may see better year-over-year results for UnitedHealth and flat or slightly lower results for the others.\nWednesday:Chip-equipment maker ASML Holding(ASML); Abbott Labs(ABT); warehousing developer Prologis(PLD)and railroad giant(CSX). Earnings are expected to be flat.\nThursday:Taiwan Semiconductor(TSM), Netflix(NFLX), money manager Blackstone(BX,)and homebuilder D.R. Horton(DHI). Netflix and D.R. Horton are seen showing the best results. D.R. Horton is one of the biggest homebuilders, with the financial might to make home sales happen even in the current rate environment.\nFriday:Consumer products giant Procter & Gamble(PG)and credit-card company American Express(AXP).\nRelated: Veteran fund manager picks favorite stocks for 2024", "It's safe to say that the cryptocurrency market is back in the good graces of investors. After crypto asset prices tanked in 2022, they have been on a monster upswing in the past 15 months. There might be no better beneficiary of this positive momentum thanSolana(CRYPTO: SOL).\nThiscryptocurrencyhas skyrocketed 800% just in the past 12 months. A $1,000 investment would be worth $9,000 today. Good luck finding a better-performing asset.\nBefore you rush to buy Solana, make sure you take the time to understand these three facts about it.\nLikeEthereum, Solana operates aproof-of-stakeconsensus mechanism. This means that token owners are the ones who help approve transactions and validate the blockchain. Solana also has functionality forsmart contracts.\nBut this innovative cryptocurrency has a unique feature known as proof-of-history. This system changes how time is recorded on the blockchain, reducing the need to carry extra data and resulting in faster throughput. It helps explain why Solana can theoretically process 50,000 transactions per second (TPS). That's astronomically higher than Ethereum's 14 TPS orBitcoin's 5 TPS.\nSolana's differentiated infrastructure, with its particular focus on speed and low costs, has helped introduce a valuable use case. Launched in Feb. 2022, Solana Pay could be this network's killer app. It allows consumers and merchants to connect directly via the blockchain, handling transactions in the native token, SOL, or astablecoin. There's instant settlement and virtually no fees.\nFor retailers, payment processing is a huge expense item that can eat away at their already-slim margins. Solana Pay can help these merchants keep more of their revenue as profit.\nNot only that but because a blockchain is used, new features can be introduced. Merchants can attach anon-fungible token(NFT) with each purchase that acts as a receipt. This NFT could also offer up future discounts or access to special events held by that merchant. The ability to engage with customers is what's exciting here.\nSolana is also dabbling in the mobile space. It launched a web3-enabled smartphone, called the Saga, in the summer of 2022. The hope is that this product can onboard more users to crypto by making it seamless to interact with various decentralized applications. A cheaper second version of the smartphone has also been introduced.\nI think it's encouraging to see a popular cryptocurrency like this try to bring greater utility, with the intention of transitioning Solana away from a tool that's used mainly for financial sp **Last 60 Days of Bitcoin's Closing Prices:** [51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-14 **Financial & Commodity Data:** - Gold Closing Price: $2356.20 - Crude Oil Closing Price: $85.66 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,268,610,158,344 - Hash Rate: 674220573.4624075 - Transaction Count: 473328.0 - Unique Addresses: 665693.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: In this article, we discuss 12 best financial and fintech ETFs to buy. If you want to skip our discussion on the finance industry, head over to5 Best Financial and Fintech ETFs To Buy. In the past year, the collapse of Silicon Valley Bank caused major repercussions in the banking sector, particularly affecting regional banks. Even major US financial institutions faced challenges throughout 2023. In 2024, a global economic slowdown and macroeconomic weakness fuelled by high interest rates are expected tostir up problems for the banking industry. Although governments worldwide are implementing measures to control inflation, many factors still pose a risk to economic prosperity, including supply chain disruptions, changing trade relationships, geopolitical tensions, and extreme weather events.IMF'slatestforecasts indicate global economic growth of only 3% in 2024, with developed economies showing modest growth rates and emerging economies experiencing notable growth. Accordingto a Deloitte report, banks globally will face challenges that impact their revenue generation and cost management in 2024. High interest rates have increased net interest income, especially in the United States and Canada, while also driving up funding costs and reducing margins consequently. The global banking industry is now faced with an uphill battle to control deposit costs while customer expectations and market competition skyrocket. Loan growth is forecasted to be modest, given the high borrowing costs and overall macroeconomic dynamics, with banks likely to maintain restrictive credit lending policies. While consumer spending is strong, demand for credit card and auto loans is predicted to remain robust, while demand for corporate loans may temporarily weaken before likely recovering later this year. Additionally, climate change considerations are largely impacting credit availability and loan demand. The blend of higher deposit costs, lower policy rates, and limited loan potential may affect banks' ability to maintain strong net interest margins in 2024. Looking ahead, the global banking landscape is expected to experience further transformation, with Chinese and American banks dominating global rankings and rising influence from Indian banks and Middle Eastern sovereign wealth funds anticipated over the coming decade. In 2024,Fidelitybelievesthere may be a reason for cautious optimism despite the unsettling closures in 2023, which were driven by specific circumstances not necessarily applicable to all banks and financial institutions. Macroeconomic factors such as growth, inflation, and Federal Reserve policy will likely remain pivotal for the financial sector and the broader market. Recent events at Silicon Valley Bank underscored the importance of deposit quality in the current environment. With interest rates rising, depositors now have higher-yielding options for their excess cash, making deposits more susceptible to potential flight. Hence, focusing on high-quality deposits has become imperative. Institutions like Wells Fargo, Bank of America, and M&T Bank illustrate the advantages of such stability. In 2024, many financial services dealmakers are feeling more optimistic compared to last year, as recent improvements in financial markets and positive signals about interest rates from central banks are slowly restoring investor confidence. Present market conditions, paired with ongoing initiatives like digitalization, sustainability, and addressing workforce challenges, are pushing financial services players to quicken their transformation efforts to remain competitive and profitable. M&A remains a significant part of this transformation journey, especially as organic growth faces challenges in the current macroeconomic environment. Dealmakers are likely to prefer smaller transactions over mega-deals to facilitate transformational steps. Deal processes may also become more complex and protracted.AccordingtoPwC, some sectors within the financial services industry are especially attractive for M&A activity in 2024. These include asset and wealth management, insurance, private equity, payments, and fintech. Asset and wealth managers are expected to boost M&A to achieve scale and acquire new capabilities, while insurance companies may divest complex legacy portfolios to reduce costs and enhance capital efficiency. Private equity investors are largely focusing on financial services-related sectors, such as insurance brokerage and fintech, for M&A opportunities. Regulatory pressure and stakeholder expectations on environmental, social, and governance (ESG) criteria are also increasing, influencing business decisions and investment strategies. Some of the best financial stocks to buy include Bank of America Corporation (NYSE:BAC), Visa Inc. (NYSE:V), and Berkshire Hathaway Inc. (NYSE:BRK-B). However, we discuss the best financial ETFs in this article. Our Methodology We curated our list of the best financial and fintech ETFs by choosing consensus picks from multiple credible websites. We have mentioned the 5-year share price performance of each ETF as of March 22, 2024, ranking the list in ascending order of the share performance. We have also discussed the top holdings of the ETFs to offer better insight to potential investors. A city skyline with multiple regional banks in the foreground. 5-Year Share Price Performance as of March 22: 20.02% Amplify Mobile Payments ETF (NYSE:IPAY) aims to mirror the performance of the Nasdaq CTA Global Digital Payments Index, before accounting for fees and expenses. It offers exposure to global companies engaged in different aspects of payment-related products and services such as card networks, infrastructure, software, processors, and solutions. Amplify Mobile Payments ETF (NYSE:IPAY) was launched in July 2015. As of March 22, 2024, the fund’s net assets total $361.4 million, along with a portfolio of 36 stocks and an expense ratio of 0.75%. Amplify Mobile Payments ETF (NYSE:IPAY) is one of the best financial ETFs to buy. PayPal Holdings, Inc. (NASDAQ:PYPL) is the largest holding of Amplify Mobile Payments ETF (NYSE:IPAY). On February 7, PayPal Holdings, Inc. (NASDAQ:PYPL) reported a Q4 non-GAAP EPS of $1.48 and a revenue of $8 billion, outperforming Wall Street estimates by $0.12 and $130 million, respectively. According to Insider Monkey’s fourth quarter database, 87 hedge funds were long PayPal Holdings, Inc. (NASDAQ:PYPL), up from 78 funds in the prior quarter. Like Bank of America Corporation (NYSE:BAC), Visa Inc. (NYSE:V), and Berkshire Hathaway Inc. (NYSE:BRK-B), PayPal Holdings, Inc. (NASDAQ:PYPL) is one of the best financial stocks to watch. Wedgewood Partners stated the following regarding PayPal Holdings, Inc. (NASDAQ:PYPL) in its fourth quarter 2023 investorletter: “PayPal Holdings, Inc. (NASDAQ:PYPL) also contributed less to portfolio performance than most holdings during the fourth quarter. The total payment volume handled by PayPal during its most recent quarter grew +15%, which helped drive healthy revenue growth and +20% earnings per share growth. Critically, the Company’s new management team has significant opportunity to drive more revenue and earnings growth across the massive, multi-trillion-dollar payments addressable market. PayPal’s rapidly growing payment processing brand, Braintree, represents one of those revenue growth opportunities, either by raising prices, as the Company had previously used a low-price strategy to establish a beachhead in this market, or by adding value-added services. PayPal’s branded checkout remains the largest volume and profit driver for the business, and we expect this to continue to track in-line with e-commerce growth in the near term, and eventually take share as the Company rolls out new features to its over +400 million users and +30 million merchants. We added to our position with the stock trading at just 10X forward earnings estimates during the quarter because there are many more long-term growth opportunities relative to most financial companies that trade for similar multiples and compared to technology companies that trade for much higher multiples.” 5-Year Share Price Performance as of March 22: 26.56% Capital Link Global Fintech Leaders ETF (NYSE:KOIN) aims to mirror the performance of the AF Global Fintech Leaders Index, excluding fees and expenses. This index is designed to represent a diversified selection of companies engaged in fintech innovations. It focuses on two main segments – companies utilizing technology to improve operations, customer experience, data security, and digital assets; and companies aiding financial services firms in adopting and integrating new technologies and applications. Capital Link Global Fintech Leaders ETF (NYSE:KOIN) was introduced on January 30, 2018. As of March 21, 2024, the fund holds a portfolio of 35 stocks, along with a net expense ratio of 0.75% and net assets of $13.25 million. Oracle Corporation (NYSE:ORCL) is one of the top holdings of Capital Link Global Fintech Leaders ETF (NYSE:KOIN). On March14, Argus upgraded Oracle Corporation (NYSE:ORCL)’s earnings estimates for fiscal years 2024 and 2025 following its fiscal third-quarter results. Oracle reported strong performance, particularly in cloud services and support revenue, and highlighted significant cloud contract signings driven by artificial intelligence demand. Analysts maintain a bullish outlook on the company. According to Insider Monkey’s fourth quarter database, Oracle Corporation (NYSE:ORCL) was part of 100 stock portfolios, compared to 88 in the prior quarter. Jean-Marie Eveillard’sFirst Eagle Investment Managementis the largest stakeholder of the company, with 18.5 million shares worth $1.95 billion. Madison Sustainable Equity Fund stated the following regarding Oracle Corporation (NYSE:ORCL) in its fourth quarter 2023 investorletter: “Oracle Corporation (NYSE:ORCL) reported a disappointing second quarter due to supply c... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["February ended with stocks hitting new highs and not many signs of trouble.\nYes, oil and gasoline prices were higher. Yes, there were some hints of rising inflation.\nBut those issues seemed to be blips. The Federal Reserve was going to cut interest rates sometime this year as inflation neared 2% a year.\nRelated: Fed members' updated interest rate outlooks rock markets\nWall Street all but guaranteed multiple ate cuts. Without, dare we say it, paying enough attention to the warning signs.\nStocks slumped in an ugly way on Friday. The Standard & Poor's 500 Index, whose components represent roughly 75% of the market value of U.S. stocks, dropped nearly 1.6% for the week, its second weekly loss in a row.\nThe Dow Jones industrials fell 2.4% in its second straight weekly loss.\nThe Nasdaq 100 Index, heavily weighted to favor the biggest tech stocks, fell 0.52% and fell for a third straight week.\nAnd the Russell 2000 Index, which has large concentrations of regional banks and companies struggling to be profitable, fell 3.2%.\nIn theory, markets might continue to slide, perhaps for a month or so, until rates do move lower (or the Fed acts) and stock prices of strong companies hit levels that make them irresistible.\nThese were increasing warning signs that markets would be pressured, at the very least, before the end of the week.\nOil prices.West Texas Intermediate, the benchmark U.S., was rising more quickly than many expected. Brent crude, the global benchmark, finished at $90.45, up 33% since the end of 2023. Many economists suggest Brent will breach $100 a barrel in the not-too-distant future.\nInterest rates.The 10-year Treasury yield closed at 4.532% on Friday, up 16.8% from its 2023 close of 3.881%. Mortgage rates are at about 7.3%, about where they were in late November, according toMortgage News Daily.\nTech stocks stopped soaring.Nvidia(NVDA)may be up 78% for the year and 121% since the October market bottom. But the shares are down 9.5% since peaking on March 8. The Nasdaq 100 Index last set a 52-week high on March 21.\nTax selling.Some investors may have been selling to settle up with the Internal Revenue Service.\nIt may be fair to say that investors' enthusiasm had gotten way ahead of itself.\nThat was especially true of Wall Street banks and money managers. Many had begun 2024 believing the Fed would cut rates perhaps as much as seven times this year because the economy would slump without rate cuts.\nThat meant stocks and proxies like cryptocurrencies would surge without end. Bitcoin was at about $68,800 on Saturday afternoon, up 50% on the year. But it has fallen more than 13% from peaks reached in mid-March.\nMore on the economy and inflation\n• Watch out for 8% mortgage rates\n• Ex-Treasury official unveils startling interest rate outlook\n• Weekly Roundup: Market Sobers Up on Inflation\nSo far, the Fed has left its base rate, the federal funds rate, at 5.25% to 5.5% since July 2023. Multiple Fed officials wanted more progress in the fight against inflation.\nDomestic inflation had hit 9% in summer 2022 and came down as interest rates moved from near 0% in late 2021 to current levels.\nThe federal funds rate is the rate banks are supposed to charge each other for loans to meet regulatory requirements. All U.S. interest rates start from that point.\nSpencer Platt/Getty Images\nSo, it's possible markets will be volatile next week regardless of what the earnings reports say. JP Morgan Chase's results on April 12 were actually quite strong.\nIt was the banking giant's cloudy outlook that pushed the Dow component down 6.5%, setting off the big market slump.\nIt was also fear rate cuts might not happen, plus worries about violence in the Middle East,that pushed the major averages sharply lower on April 10.\nIt is possible more declines are ahead, but they may be short-lived because 2024 is not 2008.\nDownturns of 10% have occurred at least 10 times since 2012,according to Charles Schwab data.\nThe S&P 500 fell 15% in December 2018 because of former President Donald Trump's threats to start a trade war with China.\xa0The market had recovered by the end of February.\nWhen the turn comes this time, it will surprise everyone except the smart people who were looking for it.\nYou can see the bottom forming in October 2023 in Nvidia's price action.\nThe shares had been flirting with $500 through the summer, then started to sag.\nOn\xa0Oct. 26, the shares dropped to as low as $398.80, then bounced back to $403.21.\nConfirmation of the bottom came on Oct. 31, when Nvidia hit $392.30, then recovered back to $407.74.\nFrom there it surged to $974 on March 8 and fell back to $875.28. It's been going sideways ever since.\nSo, stocks and markets are pulling back but maybe not dangerously.\nA new stress for markets erupted, however, over the weekend when Iran launched a barrage of drones and missiles at Israel in apparent retaliation after an Israeli attack on what Iran said was a consular building within its embassy compound in Damascus.\nBut evidence on Sunday suggested the missiles caused little damage. Futures trading Sunday suggested stocks would open higher at Monday's open. Oil prices were flat-to-lower.\nRelated: This is how crazy Buffalo got during the eclipse\nEarly reports said the missiles, seen over Israel and Jordan were being intercepted. How the attacks affect markets will depend on how much damage and loss of life results.\nIn the meantime, the week ahead will feature some important economic reports, including:\n• Housing starts and building permits on Tuesday morning. Both will likely show housing activity is sliding back because of high mortgage rates.\n• Jobless claims, due Thursday morning, a weekly survey of how many people are filing for unemployment compensation.\n• Existing-home sales from the National Association of Realtors, due Thursday. The estimate is that sales in March ran at an annualized rate of 4.2 million homes and condos, down from 4.38 million units in February.\nThe first-quarter earnings season began Friday in earnest when some of the biggest banks reported results. The results were mostly good. The commentary, especially from banking giant JP Morgan Chase(JPM), was less optimistic and helped set off Friday's slump.\nThe earnings reports will continue over the next months. This week includes reports from:\nMonday:Investment banking giant Goldman Sachs(GS), Charles Schwab(SCHW), and M&T Bank(MTB). The trio are expected to report results smaller than in the 2023 first quarter.\nTuesday:Health-insurance giant UnitedHealth Group(UNH), Johnson & Johnson(JNJ), Bank of America(BAC), Mastercard(MA)and United Airlines(UAL). Investors may see better year-over-year results for UnitedHealth and flat or slightly lower results for the others.\nWednesday:Chip-equipment maker ASML Holding(ASML); Abbott Labs(ABT); warehousing developer Prologis(PLD)and railroad giant(CSX). Earnings are expected to be flat.\nThursday:Taiwan Semiconductor(TSM), Netflix(NFLX), money manager Blackstone(BX,)and homebuilder D.R. Horton(DHI). Netflix and D.R. Horton are seen showing the best results. D.R. Horton is one of the biggest homebuilders, with the financial might to make home sales happen even in the current rate environment.\nFriday:Consumer products giant Procter & Gamble(PG)and credit-card company American Express(AXP).\nRelated: Veteran fund manager picks favorite stocks for 2024", "It's safe to say that the cryptocurrency market is back in the good graces of investors. After crypto asset prices tanked in 2022, they have been on a monster upswing in the past 15 months. There might be no better beneficiary of this positive momentum thanSolana(CRYPTO: SOL).\nThiscryptocurrencyhas skyrocketed 800% just in the past 12 months. A $1,000 investment would be worth $9,000 today. Good luck finding a better-performing asset.\nBefore you rush to buy Solana, make sure you take the time to understand these three facts about it.\nLikeEthereum, Solana operates aproof-of-stakeconsensus mechanism. This means that token owners are the ones who help approve transactions and validate the blockchain. Solana also has functionality forsmart contracts.\nBut this innovative cryptocurrency has a unique feature known as proof-of-history. This system changes how time is recorded on the blockchain, reducing the need to carry extra data and resulting in faster throughput. It helps explain why Solana can theoretically process 50,000 transactions per second (TPS). That's astronomically higher than Ethereum's 14 TPS orBitcoin's 5 TPS.\nSolana's differentiated infrastructure, with its particular focus on speed and low costs, has helped introduce a valuable use case. Launched in Feb. 2022, Solana Pay could be this network's killer app. It allows consumers and merchants to connect directly via the blockchain, handling transactions in the native token, SOL, or astablecoin. There's instant settlement and virtually no fees.\nFor retailers, payment processing is a huge expense item that can eat away at their already-slim margins. Solana Pay can help these merchants keep more of their revenue as profit.\nNot only that but because a blockchain is used, new features can be introduced. Merchants can attach anon-fungible token(NFT) with each purchase that acts as a receipt. This NFT could also offer up future discounts or access to special events held by that merchant. The ability to engage with customers is what's exciting here.\nSolana is also dabbling in the mobile space. It launched a web3-enabled smartphone, called the Saga, in the summer of 2022. The hope is that this product can onboard more users to crypto by making it seamless to interact with various decentralized applications. A cheaper second version of the smartphone has also been introduced.\nI think it's encouraging to see a popular cryptocurrency like this try to bring greater utility, with the intention of transitioning Solana away from a tool that's used mainly for financial sp **Last 60 Days of Bitcoin's Closing Prices:** [51826.70, 51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-14 **Financial & Commodity Data:** - Gold Closing Price: $2356.20 - Crude Oil Closing Price: $85.66 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,268,610,158,344 - Hash Rate: 674220573.4624075 - Transaction Count: 473328.0 - Unique Addresses: 665693.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: In this article, we discuss 12 best financial and fintech ETFs to buy. If you want to skip our discussion on the finance industry, head over to5 Best Financial and Fintech ETFs To Buy. In the past year, the collapse of Silicon Valley Bank caused major repercussions in the banking sector, particularly affecting regional banks. Even major US financial institutions faced challenges throughout 2023. In 2024, a global economic slowdown and macroeconomic weakness fuelled by high interest rates are expected tostir up problems for the banking industry. Although governments worldwide are implementing measures to control inflation, many factors still pose a risk to economic prosperity, including supply chain disruptions, changing trade relationships, geopolitical tensions, and extreme weather events.IMF'slatestforecasts indicate global economic growth of only 3% in 2024, with developed economies showing modest growth rates and emerging economies experiencing notable growth. Accordingto a Deloitte report, banks globally will face challenges that impact their revenue generation and cost management in 2024. High interest rates have increased net interest income, especially in the United States and Canada, while also driving up funding costs and reducing margins consequently. The global banking industry is now faced with an uphill battle to control deposit costs while customer expectations and market competition skyrocket. Loan growth is forecasted to be modest, given the high borrowing costs and overall macroeconomic dynamics, with banks likely to maintain restrictive credit lending policies. While consumer spending is strong, demand for credit card and auto loans is predicted to remain robust, while demand for corporate loans may temporarily weaken before likely recovering later this year. Additionally, climate change considerations are largely impacting credit availability and loan demand. The blend of higher deposit costs, lower policy rates, and limited loan potential may affect banks' ability to maintain strong net interest margins in 2024. Looking ahead, the global banking landscape is expected to experience further transformation, with Chinese and American banks dominating global rankings and rising influence from Indian banks and Middle Eastern sovereign wealth funds anticipated over the coming decade. In 2024,Fidelitybelievesthere may be a reason for cautious optimism despite the unsettling closures in 2023, which were driven by specific circumstances not necessarily applicable to all banks and financial institutions. Macroeconomic factors such as growth, inflation, and Federal Reserve policy will likely remain pivotal for the financial sector and the broader market. Recent events at Silicon Valley Bank underscored the importance of deposit quality in the current environment. With interest rates rising, depositors now have higher-yielding options for their excess cash, making deposits more susceptible to potential flight. Hence, focusing on high-quality deposits has become imperative. Institutions like Wells Fargo, Bank of America, and M&T Bank illustrate the advantages of such stability. In 2024, many financial services dealmakers are feeling more optimistic compared to last year, as recent improvements in financial markets and positive signals about interest rates from central banks are slowly restoring investor confidence. Present market conditions, paired with ongoing initiatives like digitalization, sustainability, and addressing workforce challenges, are pushing financial services players to quicken their transformation efforts to remain competitive and profitable. M&A remains a significant part of this transformation journey, especially as organic growth faces challenges in the current macroeconomic environment. Dealmakers are likely to prefer smaller transactions over mega-deals to facilitate transformational steps. Deal processes may also become more complex and protracted.AccordingtoPwC, some sectors within the financial services industry are especially attractive for M&A activity in 2024. These include asset and wealth management, insurance, private equity, payments, and fintech. Asset and wealth managers are expected to boost M&A to achieve scale and acquire new capabilities, while insurance companies may divest complex legacy portfolios to reduce costs and enhance capital efficiency. Private equity investors are largely focusing on financial services-related sectors, such as insurance brokerage and fintech, for M&A opportunities. Regulatory pressure and stakeholder expectations on environmental, social, and governance (ESG) criteria are also increasing, influencing business decisions and investment strategies. Some of the best financial stocks to buy include Bank of America Corporation (NYSE:BAC), Visa Inc. (NYSE:V), and Berkshire Hathaway Inc. (NYSE:BRK-B). However, we discuss the best financial ETFs in this article. Our Methodology We curated our list of the best financial and fintech ETFs by choosing consensus picks from multiple credible websites. We have mentioned the 5-year share price performance of each ETF as of March 22, 2024, ranking the list in ascending order of the share performance. We have also discussed the top holdings of the ETFs to offer better insight to potential investors. A city skyline with multiple regional banks in the foreground. 5-Year Share Price Performance as of March 22: 20.02% Amplify Mobile Payments ETF (NYSE:IPAY) aims to mirror the performance of the Nasdaq CTA Global Digital Payments Index, before accounting for fees and expenses. It offers exposure to global companies engaged in different aspects of payment-related products and services such as card networks, infrastructure, software, processors, and solutions. Amplify Mobile Payments ETF (NYSE:IPAY) was launched in July 2015. As of March 22, 2024, the fund’s net assets total $361.4 million, along with a portfolio of 36 stocks and an expense ratio of 0.75%. Amplify Mobile Payments ETF (NYSE:IPAY) is one of the best financial ETFs to buy. PayPal Holdings, Inc. (NASDAQ:PYPL) is the largest holding of Amplify Mobile Payments ETF (NYSE:IPAY). On February 7, PayPal Holdings, Inc. (NASDAQ:PYPL) reported a Q4 non-GAAP EPS of $1.48 and a revenue of $8 billion, outperforming Wall Street estimates by $0.12 and $130 million, respectively. According to Insider Monkey’s fourth quarter database, 87 hedge funds were long PayPal Holdings, Inc. (NASDAQ:PYPL), up from 78 funds in the prior quarter. Like Bank of America Corporation (NYSE:BAC), Visa Inc. (NYSE:V), and Berkshire Hathaway Inc. (NYSE:BRK-B), PayPal Holdings, Inc. (NASDAQ:PYPL) is one of the best financial stocks to watch. Wedgewood Partners stated the following regarding PayPal Holdings, Inc. (NASDAQ:PYPL) in its fourth quarter 2023 investorletter: “PayPal Holdings, Inc. (NASDAQ:PYPL) also contributed less to portfolio performance than most holdings during the fourth quarter. The total payment volume handled by PayPal during its most recent quarter grew +15%, which helped drive healthy revenue growth and +20% earnings per share growth. Critically, the Company’s new management team has significant opportunity to drive more revenue and earnings growth across the massive, multi-trillion-dollar payments addressable market. PayPal’s rapidly growing payment processing brand, Braintree, represents one of those revenue growth opportunities, either by raising prices, as the Company had previously used a low-price strategy to establish a beachhead in this market, or by adding value-added services. PayPal’s branded checkout remains the largest volume and profit driver for the business, and we expect this to continue to track in-line with e-commerce growth in the near term, and eventually take share as the Company rolls out new features to its over +400 million users and +30 million merchants. We added to our position with the stock trading at just 10X forward earnings estimates during the quarter because there are many more long-term growth opportunities relative to most financial companies that trade for similar multiples and compared to technology companies that trade for much higher multiples.” 5-Year Share Price Performance as of March 22: 26.56% Capital Link Global Fintech Leaders ETF (NYSE:KOIN) aims to mirror the performance of the AF Global Fintech Leaders Index, excluding fees and expenses. This index is designed to represent a diversified selection of companies engaged in fintech innovations. It focuses on two main segments – companies utilizing technology to improve operations, customer experience, data security, and digital assets; and companies aiding financial services firms in adopting and integrating new technologies and applications. Capital Link Global Fintech Leaders ETF (NYSE:KOIN) was introduced on January 30, 2018. As of March 21, 2024, the fund holds a portfolio of 35 stocks, along with a net expense ratio of 0.75% and net assets of $13.25 million. Oracle Corporation (NYSE:ORCL) is one of the top holdings of Capital Link Global Fintech Leaders ETF (NYSE:KOIN). On March14, Argus upgraded Oracle Corporation (NYSE:ORCL)’s earnings estimates for fiscal years 2024 and 2025 following its fiscal third-quarter results. Oracle reported strong performance, particularly in cloud services and support revenue, and highlighted significant cloud contract signings driven by artificial intelligence demand. Analysts maintain a bullish outlook on the company. According to Insider Monkey’s fourth quarter database, Oracle Corporation (NYSE:ORCL) was part of 100 stock portfolios, compared to 88 in the prior quarter. Jean-Marie Eveillard’sFirst Eagle Investment Managementis the largest stakeholder of the company, with 18.5 million shares worth $1.95 billion. Madison Sustainable Equity Fund stated the following regarding Oracle Corporation (NYSE:ORCL) in its fourth quarter 2023 investorletter: “Oracle Corporation (NYSE:ORCL) reported a disappointing second quarter due to supply c... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['SINGAPORE, April 15 (Reuters) - The dollar steadied on Monday, holding its biggest weekly gain since 2022, as escalating conflict in the Middle East and the prospect of stubbornly high U.S. interest rates gave support. The dollar went up 1.6% against a basket of six major currencies last week after a small but unnerving upside surprise in U.S. inflation cast doubt over bets on U.S. rate cuts, while European policymakers signalled a cut within a few months. The dollar made a 34-year high on the yen and five-month top on the euro on Friday and traded near those levels early in the Asia day, buying 153.24 yen and a euro for $1.0646. There was little initial reaction to a weekend attack on Israel by Iran. The Australian and New Zealand dollars rose very slightly to lift away from lows, with the Aussie up 0.2% to $0.6475 after briefly touching a two-month trough of $0.6455. The kiwi, which hit a five-month low on Friday, nudged 0.2% higher to $0.5946. Bitcoin, which like the Aussie and kiwi can be a barometer of market sentiment, fell last week and in weekend trade but steadied on Monday to $65,721. Iran had warned of a strike on Israel and over the weekend launched drones and missiles in retaliation for what it said was an Israeli attack on its Damascus consulate. It caused modest damage and Iran said it now "deemed the matter concluded." Two senior Israeli ministers signalled on Sunday that retaliation was not imminent and that Israel would not act alone, leaving the region on edge over the risk of a broader war, while financial markets were in wait-and-see mode. "It is too early to judge," said Jason Wong, senior market strategist at BNZ in Wellington. "It was really a symbolic attack over the weekend ... never really designed to inflict much damage - it\'s now over to what Israel\'s response will be." Sterling was 0.1% firmer to $1.2460, not far from Friday\'s five-month low at $1.2426. U.S. two-year yields rose 15 basis points last week and markets have dialled down U.S. interest rate cut expectations to price in just a 50 basis-point reduction this year, with the first cut not fully priced until September. That is a long way from January pricing for more than 150 bps in cuts by December. U.S. retail sales data is due later on Monday. Canadian and New Zealand inflation figures are due on Tuesday, along with Chinese growth numbers. British inflation data is out on Wednesday and Aussie jobs data on Thursday. ======================================================== Currency bid prices at 0005 GMT Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Euro/Dollar $1.0645 $1.0642 +0.04% +0.00% +1.0652 +1.0630 Dollar/Yen 153.2950 153.2450 +0.06% +0.00% +153.3150 +153.1900 Euro/Yen 163.19 163.08 +0.07% +0.00% +163.2400 +162.9400 Dollar/Swiss 0.9138 0.9144 -0.06% +0.00% +0.9141 +0.9115 Sterling/Dollar 1.2456 1.2449 +0.06% +0.00% +1.2463 +1.2451 Dollar/Canadian 1.3759 1.3774 -0.11% +0.00% +1.3779 +1.3757 Aussie/Dollar 0.6474 0.6463 +0.18% +0.00% +0.6479 +0.6455 NZ Dollar/Dollar 0.5942 0.5935 +0.16% +0.00% +0.5950 +0.5937 All spots Tokyo spots Europe spots Volatilities Tokyo Forex market info from BOJ (Reporting by Tom Westbrook; Editing by Christopher Cushing)', '(Updates prices at 0115 GMT)\nBy Rae Wee\nSINGAPORE, April 15 (Reuters) - Asian shares slumped and gold prices rose on Monday as risk sentiment took a hit after Iran\'s retaliatory attack on Israel stoked fears of a wider regional conflict and kept traders on edge.\nThe dollar scaled a fresh 34-year high against the yen on growing expectations that sticky inflationary pressures in the United States will keep rates there higher for longer.\nMarkets in Asia began the week on a cautious footing. MSCI\'s broadest index of Asia-Pacific shares outside Japan fell 0.7% after Iran had, late on Saturday, launched explosive drones and missiles at Israel in retaliation for a suspected Israeli attack on its consulate in Syria on April 1.\nThat marked Iran\'s first direct attack on Israeli territory.\nThe threat of open warfare erupting between the arch Middle East foes and dragging in the United States has left the region on tenterhooks. U.S. President Joe Biden warned Prime Minister Benjamin Netanyahu the U.S. will not take part in a counter-offensive against Iran.\nIsrael said "the campaign is not over yet".\nJapan\'s Nikkei slid more than 1%, while Australia\'s S&P/ASX 200 index lost 0.6%.\nHong Kong\'s Hang Seng Index slumped 0.8%.\nThe escalating tensions also sparked a flight to safety that sent gold rising 0.51% to $2,356.39 an ounce and the safe-haven dollar broadly higher, extending its 1.6% rise from last week.\nOil prices, however, hardly reacted to the news, as traders had largely priced in a retaliatory attack from Iran that would likely further disrupt supply chains. That saw Brent crude futures peaking at $92.18 a barrel last week, the highest level since October.\nBrent was last 0.5% lower at $90.01 per barrel, while U.S. West Texas Intermediate crude futures fell roughly 0.6% to $85.13 a barrel.\n"The key risks for the global economy are whether this now escalates into a broader regional conflict, and what the response is in energy markets," said Neil Shearing, group chief economist at Capital Economics.\n"A rise in oil prices would complicate efforts to bring inflation back to target in advanced economies, but will only have a material impact on central bank decisions if higher energy prices bleed into core inflation."\nU.S. stock futures, meanwhile, ticked higher, after a heavy selloff on Wall Street on Friday as results from major U.S. banks failed to impress.\nS&P 500 futures and Nasdaq futures each rose 0.15%.\n"Geopolitical headlines are going to be very much there," said Chris Weston, head of research at Pepperstone.\n"The market is really trying to understand what\'s going on. Their visibility to price risk in this market has become a bit more troublesome, and I think when you don\'t have that visibility, you do get higher volatility. That\'s kind of where we are."\nRATE RETHINK\nElsewhere, U.S. Treasury yields held near their recent highs as traders pared back their expectations of the pace and scale of rate cuts from the Federal Reserve this year.\nThe benchmark 10-year yield last stood at 4.5277%, while the two-year yield held near the 5% level and was last at 4.8966%.\nA continued run of resilient U.S. economic data, particularly last week\'s hotter-than-expected inflation report, has added to the view that U.S. rates could remain higher for longer, and that a Fed easing cycle is unlikely to commence in June.\nFutures now point to about 50 basis points worth of easing expected this year, a huge pullback from the 160 bps that was priced in at the start of the year.\nThat sea change in the rate outlook has in turn sent the dollar on a tear, pushing it to a 34-year peak of 153.69 yen on Monday.\nThe euro and sterling were similarly pinned near five-month lows.\n"We have updated our forecasts for the U.S. FOMC, pushing out the timing of the start of the interest rate cutting cycle to September 2024, from July previously," said Kristina Clifton, a senior economist at Commonwealth Bank of Australia.\n"The U.S. CPI has been stronger than expected over the first three months of 2024. We expect that it will take a string of inflation prints of 0.2%/month or lower to give the Fed confidence that inflation can stay sustainably lower and that interest rates do not need to remain at a restrictive level."\nA slew of Fed policymakers are due to speak this week, including Chair Jerome Powell, who could give further clarity on the future path of U.S. interest rates.\nThe shift in rate expectations has halted bitcoin\'s blistering rally, after the world\'s largest cryptocurrency repeatedly notched fresh records this year thanks to flows into new spot bitcoin exchange-traded funds and expectations of imminent Fed cuts.\nBitcoin was last more than 2% lower at $65,536, after falling below $62,000 on Sunday.\n(Reporting by Rae Wee in Singapore; Editing by Lincoln Feast and Jamie Freed)', "Oil and stock futures traded largely flat Sunday evening as financial markets offered muted reactions to Iran launching hundreds of missiles and drones at Israel on Saturday.\nThe major U.S. stock indices ticked up 0.2%-0.3%, while oil prices eased 0.2%-0.4%. West Texas Intermediate crude hovered below $86 per barrel, and Brent crude was around $90. Analysts had earlier predicted that Brentcould spike above $100 per barrelafter already surging 20% in the year to date before the attack.\nPrices for gold—traditionally seen as a safe-haven asset—were flat at $2,375 per ounce, and remain below the record highs touched on Friday.\nU.S. Treasury bonds, another safety trade, sold off slightly, lifting the 10-year yield 5.5 basis points to 4.554%. The dollar fell against the euro and British pound but rose versus the yen.\nCryptocurrencies continued rebounding from losses on Saturday. Bitcoin rose 1.6% to $65,205, and ether added 2.5% to $3,150.\nThe muted initial reaction may be due to optimism that the Middle East conflict won't escalate. While it marked Iran’s first-ever, full-scale military assault on Israel,99% of the projectiles were shot down, and no fatalities were reported.\nMeanwhile, the White House signaled it’s seeking to prevent hostilities from spreading. President Joe Biden reportedly told Prime Minister Benjamin Netanyahuthe U.S. would not participate in any offensive action against Iran,after pledging “ironclad” support for Israel’s defense.\nFor its part, Tehran has indicated no more attacks are forthcoming. But Israel's response remains to be seen, as is any further retaliation that it may spark from Iran.\nCapital Economics saidin a note early Sundaythat increased tension in the Middle East likelygives the Federal Reserve even more cause to go slow on rate cuts, as oil prices could disrupt the central bank’s battle against inflat **Last 60 Days of Bitcoin's Closing Prices:** [51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-15 **Financial & Commodity Data:** - Gold Closing Price: $2365.80 - Crude Oil Closing Price: $85.41 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,248,769,726,788 - Hash Rate: 605510196.549041 - Transaction Count: 503358.0 - Unique Addresses: 666015.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Led by the BlackRock Inc.'siShares Bitcoin Trust (IBIT),inflows to the 10 spot bitcoin ETFs hit a one-day high on Tuesday of over $1 billion, according to the research arm of cryptocurrency exchange BitMex. IBIT generated nearly $850 million in inflows alone for the day. Since it started trading on Jan. 11, IBIT has received more than $11 billion in inflows, far surpassing the other nine issuers who received SEC approval a day prior to offer ETFs based on bitcoin's spot price. "Record inflow for Ten yest, first day over $1b net, $IBIT went crazy with $848m of it," wrote Bloomberg Senior ETF Analyst Eric Balchunas in a Wednesday post on Twitter/X. The latest inflows reflect the fierce demand for the new ETFs and widening interest in digital asset investments, particularly bitcoin, the largest cryptocurrency by market capitalization. Bitcoin was recently trading near $72,400, roughly flat over the past 24 hours but near the record high it set earlier this week, according to cryptocurrency data provider CoinMarketCap. Spot bitcoin ETFs hit their previous one-day high for inflows of $673 million in late February, according to BitMex. Balchunas noted that the 10 spot bitcoin funds have generated more than $11 billion in inflows since their unveiling. That total includes more than $11 billion that's been pulled from theGrayscale Bitcoin Trust (GBTC), according to BitMex data. That product differs from the other offerings: GBTC is a conversion from a long-standing bitcoin trust and charges a 1.5% fee, by far the highest among the new offerings. GBTC had $79 million in outflows on Tuesday, a small number compared to other days. In a Tuesday post, Balchunas wrote that $GBTC had the 2nd most outflows of any ETF in the last 15 yrs cumulatively." The 10 ETFs have accumulated more than $60 billion in assets under management (AUM) with IBIT accounting for more than $15 billion of that amount. Balchunas noted that the fund is "about tocrack the Top 100 ETFs by size." In an SEC disclosure last Friday,BlackRock revealedthat IBIT held almost 196,000 bitcoins, which for a brief period surpassed the holdings of MicroStrategy, a publicly traded software provider that pivoted its corporate strategy to acquire bitcoin. A weekend purchase by MicroStrategy subsequently gave the company larger bitcoin stores. Permalink| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71
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:** ['SINGAPORE, April 15 (Reuters) - The dollar steadied on Monday, holding its biggest weekly gain since 2022, as escalating conflict in the Middle East and the prospect of stubbornly high U.S. interest rates gave support. The dollar went up 1.6% against a basket of six major currencies last week after a small but unnerving upside surprise in U.S. inflation cast doubt over bets on U.S. rate cuts, while European policymakers signalled a cut within a few months. The dollar made a 34-year high on the yen and five-month top on the euro on Friday and traded near those levels early in the Asia day, buying 153.24 yen and a euro for $1.0646. There was little initial reaction to a weekend attack on Israel by Iran. The Australian and New Zealand dollars rose very slightly to lift away from lows, with the Aussie up 0.2% to $0.6475 after briefly touching a two-month trough of $0.6455. The kiwi, which hit a five-month low on Friday, nudged 0.2% higher to $0.5946. Bitcoin, which like the Aussie and kiwi can be a barometer of market sentiment, fell last week and in weekend trade but steadied on Monday to $65,721. Iran had warned of a strike on Israel and over the weekend launched drones and missiles in retaliation for what it said was an Israeli attack on its Damascus consulate. It caused modest damage and Iran said it now "deemed the matter concluded." Two senior Israeli ministers signalled on Sunday that retaliation was not imminent and that Israel would not act alone, leaving the region on edge over the risk of a broader war, while financial markets were in wait-and-see mode. "It is too early to judge," said Jason Wong, senior market strategist at BNZ in Wellington. "It was really a symbolic attack over the weekend ... never really designed to inflict much damage - it\'s now over to what Israel\'s response will be." Sterling was 0.1% firmer to $1.2460, not far from Friday\'s five-month low at $1.2426. U.S. two-year yields rose 15 basis points last week and markets have dialled down U.S. interest rate cut expectations to price in just a 50 basis-point reduction this year, with the first cut not fully priced until September. That is a long way from January pricing for more than 150 bps in cuts by December. U.S. retail sales data is due later on Monday. Canadian and New Zealand inflation figures are due on Tuesday, along with Chinese growth numbers. British inflation data is out on Wednesday and Aussie jobs data on Thursday. ======================================================== Currency bid prices at 0005 GMT Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Euro/Dollar $1.0645 $1.0642 +0.04% +0.00% +1.0652 +1.0630 Dollar/Yen 153.2950 153.2450 +0.06% +0.00% +153.3150 +153.1900 Euro/Yen 163.19 163.08 +0.07% +0.00% +163.2400 +162.9400 Dollar/Swiss 0.9138 0.9144 -0.06% +0.00% +0.9141 +0.9115 Sterling/Dollar 1.2456 1.2449 +0.06% +0.00% +1.2463 +1.2451 Dollar/Canadian 1.3759 1.3774 -0.11% +0.00% +1.3779 +1.3757 Aussie/Dollar 0.6474 0.6463 +0.18% +0.00% +0.6479 +0.6455 NZ Dollar/Dollar 0.5942 0.5935 +0.16% +0.00% +0.5950 +0.5937 All spots Tokyo spots Europe spots Volatilities Tokyo Forex market info from BOJ (Reporting by Tom Westbrook; Editing by Christopher Cushing)', '(Updates prices at 0115 GMT)\nBy Rae Wee\nSINGAPORE, April 15 (Reuters) - Asian shares slumped and gold prices rose on Monday as risk sentiment took a hit after Iran\'s retaliatory attack on Israel stoked fears of a wider regional conflict and kept traders on edge.\nThe dollar scaled a fresh 34-year high against the yen on growing expectations that sticky inflationary pressures in the United States will keep rates there higher for longer.\nMarkets in Asia began the week on a cautious footing. MSCI\'s broadest index of Asia-Pacific shares outside Japan fell 0.7% after Iran had, late on Saturday, launched explosive drones and missiles at Israel in retaliation for a suspected Israeli attack on its consulate in Syria on April 1.\nThat marked Iran\'s first direct attack on Israeli territory.\nThe threat of open warfare erupting between the arch Middle East foes and dragging in the United States has left the region on tenterhooks. U.S. President Joe Biden warned Prime Minister Benjamin Netanyahu the U.S. will not take part in a counter-offensive against Iran.\nIsrael said "the campaign is not over yet".\nJapan\'s Nikkei slid more than 1%, while Australia\'s S&P/ASX 200 index lost 0.6%.\nHong Kong\'s Hang Seng Index slumped 0.8%.\nThe escalating tensions also sparked a flight to safety that sent gold rising 0.51% to $2,356.39 an ounce and the safe-haven dollar broadly higher, extending its 1.6% rise from last week.\nOil prices, however, hardly reacted to the news, as traders had largely priced in a retaliatory attack from Iran that would likely further disrupt supply chains. That saw Brent crude futures peaking at $92.18 a barrel last week, the highest level since October.\nBrent was last 0.5% lower at $90.01 per barrel, while U.S. West Texas Intermediate crude futures fell roughly 0.6% to $85.13 a barrel.\n"The key risks for the global economy are whether this now escalates into a broader regional conflict, and what the response is in energy markets," said Neil Shearing, group chief economist at Capital Economics.\n"A rise in oil prices would complicate efforts to bring inflation back to target in advanced economies, but will only have a material impact on central bank decisions if higher energy prices bleed into core inflation."\nU.S. stock futures, meanwhile, ticked higher, after a heavy selloff on Wall Street on Friday as results from major U.S. banks failed to impress.\nS&P 500 futures and Nasdaq futures each rose 0.15%.\n"Geopolitical headlines are going to be very much there," said Chris Weston, head of research at Pepperstone.\n"The market is really trying to understand what\'s going on. Their visibility to price risk in this market has become a bit more troublesome, and I think when you don\'t have that visibility, you do get higher volatility. That\'s kind of where we are."\nRATE RETHINK\nElsewhere, U.S. Treasury yields held near their recent highs as traders pared back their expectations of the pace and scale of rate cuts from the Federal Reserve this year.\nThe benchmark 10-year yield last stood at 4.5277%, while the two-year yield held near the 5% level and was last at 4.8966%.\nA continued run of resilient U.S. economic data, particularly last week\'s hotter-than-expected inflation report, has added to the view that U.S. rates could remain higher for longer, and that a Fed easing cycle is unlikely to commence in June.\nFutures now point to about 50 basis points worth of easing expected this year, a huge pullback from the 160 bps that was priced in at the start of the year.\nThat sea change in the rate outlook has in turn sent the dollar on a tear, pushing it to a 34-year peak of 153.69 yen on Monday.\nThe euro and sterling were similarly pinned near five-month lows.\n"We have updated our forecasts for the U.S. FOMC, pushing out the timing of the start of the interest rate cutting cycle to September 2024, from July previously," said Kristina Clifton, a senior economist at Commonwealth Bank of Australia.\n"The U.S. CPI has been stronger than expected over the first three months of 2024. We expect that it will take a string of inflation prints of 0.2%/month or lower to give the Fed confidence that inflation can stay sustainably lower and that interest rates do not need to remain at a restrictive level."\nA slew of Fed policymakers are due to speak this week, including Chair Jerome Powell, who could give further clarity on the future path of U.S. interest rates.\nThe shift in rate expectations has halted bitcoin\'s blistering rally, after the world\'s largest cryptocurrency repeatedly notched fresh records this year thanks to flows into new spot bitcoin exchange-traded funds and expectations of imminent Fed cuts.\nBitcoin was last more than 2% lower at $65,536, after falling below $62,000 on Sunday.\n(Reporting by Rae Wee in Singapore; Editing by Lincoln Feast and Jamie Freed)', "Oil and stock futures traded largely flat Sunday evening as financial markets offered muted reactions to Iran launching hundreds of missiles and drones at Israel on Saturday.\nThe major U.S. stock indices ticked up 0.2%-0.3%, while oil prices eased 0.2%-0.4%. West Texas Intermediate crude hovered below $86 per barrel, and Brent crude was around $90. Analysts had earlier predicted that Brentcould spike above $100 per barrelafter already surging 20% in the year to date before the attack.\nPrices for gold—traditionally seen as a safe-haven asset—were flat at $2,375 per ounce, and remain below the record highs touched on Friday.\nU.S. Treasury bonds, another safety trade, sold off slightly, lifting the 10-year yield 5.5 basis points to 4.554%. The dollar fell against the euro and British pound but rose versus the yen.\nCryptocurrencies continued rebounding from losses on Saturday. Bitcoin rose 1.6% to $65,205, and ether added 2.5% to $3,150.\nThe muted initial reaction may be due to optimism that the Middle East conflict won't escalate. While it marked Iran’s first-ever, full-scale military assault on Israel,99% of the projectiles were shot down, and no fatalities were reported.\nMeanwhile, the White House signaled it’s seeking to prevent hostilities from spreading. President Joe Biden reportedly told Prime Minister Benjamin Netanyahuthe U.S. would not participate in any offensive action against Iran,after pledging “ironclad” support for Israel’s defense.\nFor its part, Tehran has indicated no more attacks are forthcoming. But Israel's response remains to be seen, as is any further retaliation that it may spark from Iran.\nCapital Economics saidin a note early Sundaythat increased tension in the Middle East likelygives the Federal Reserve even more cause to go slow on rate cuts, as oil prices could disrupt the central bank’s battle against inflat **Last 60 Days of Bitcoin's Closing Prices:** [51938.55, 52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-15 **Financial & Commodity Data:** - Gold Closing Price: $2365.80 - Crude Oil Closing Price: $85.41 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,248,769,726,788 - Hash Rate: 605510196.549041 - Transaction Count: 503358.0 - Unique Addresses: 666015.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Led by the BlackRock Inc.'siShares Bitcoin Trust (IBIT),inflows to the 10 spot bitcoin ETFs hit a one-day high on Tuesday of over $1 billion, according to the research arm of cryptocurrency exchange BitMex. IBIT generated nearly $850 million in inflows alone for the day. Since it started trading on Jan. 11, IBIT has received more than $11 billion in inflows, far surpassing the other nine issuers who received SEC approval a day prior to offer ETFs based on bitcoin's spot price. "Record inflow for Ten yest, first day over $1b net, $IBIT went crazy with $848m of it," wrote Bloomberg Senior ETF Analyst Eric Balchunas in a Wednesday post on Twitter/X. The latest inflows reflect the fierce demand for the new ETFs and widening interest in digital asset investments, particularly bitcoin, the largest cryptocurrency by market capitalization. Bitcoin was recently trading near $72,400, roughly flat over the past 24 hours but near the record high it set earlier this week, according to cryptocurrency data provider CoinMarketCap. Spot bitcoin ETFs hit their previous one-day high for inflows of $673 million in late February, according to BitMex. Balchunas noted that the 10 spot bitcoin funds have generated more than $11 billion in inflows since their unveiling. That total includes more than $11 billion that's been pulled from theGrayscale Bitcoin Trust (GBTC), according to BitMex data. That product differs from the other offerings: GBTC is a conversion from a long-standing bitcoin trust and charges a 1.5% fee, by far the highest among the new offerings. GBTC had $79 million in outflows on Tuesday, a small number compared to other days. In a Tuesday post, Balchunas wrote that $GBTC had the 2nd most outflows of any ETF in the last 15 yrs cumulatively." The 10 ETFs have accumulated more than $60 billion in assets under management (AUM) with IBIT accounting for more than $15 billion of that amount. Balchunas noted that the fund is "about tocrack the Top 100 ETFs by size." In an SEC disclosure last Friday,BlackRock revealedthat IBIT held almost 196,000 bitcoins, which for a brief period surpassed the holdings of MicroStrategy, a publicly traded software provider that pivoted its corporate strategy to acquire bitcoin. A weekend purchase by MicroStrategy subsequently gave the company larger bitcoin stores. Permalink| © Copyright 2024etf.com.All rights reserved... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['(Changes word in paragraph 6 quote to \'cut\', not \'hike\')\nBy Brigid Riley\nTOKYO, April 16 (Reuters) - The dollar hit a five-month high against major peer currencies on Tuesday following hotter-than-expected U.S. retail sales figures, raising intervention worries as the yen languished at its lowest level since 1990.\nThe Chinese yuan stabilised after touching its lowest since November in early Asia trading after GDP data for China\'s first quarter beat expectations, a boost for policymakers trying to shore up confidence in the face of a protracted property crisis.\nU.S. data on Monday showed retail sales rose 0.7% last month, compared with a 0.3% rise that economists polled by Reuters had forecast. Data for February was revised higher to show sales rebounding 0.9% for the largest gain in just over a year, much stronger than the previously reported 0.6%.\nThe latest data has raised more questions about when the Federal Reserve could begin cutting interest rates, following robust employment gains in March and a pick-up in consumer inflation.\nMarkets are now pricing in a 41% chance of the Fed cutting rates in July, compared with around 50% before the data, according to CME FedWatch tool. The likelihood of the first cut coming in September has bumped up to nearly 46%.\n"I just see no chance of a July cut, assuming we’re all looking at the same data," said Matt Simpson, senior market analyst at City Index.\nUnderlining the market bets, the president of the San Francisco Federal Reserve Bank, Mary Daly, said late on Monday in the United States that there is "no urgency" to cut U.S. interest rates.\nThe U.S. dollar index touched 106.37 on Tuesday, the highest since Nov. 2.\nIn the face of dollar strength, the yen breached 154 per dollar to hit its weakest level in 34 years.\nThat kept traders on high alert for yen-buying intervention from Japanese authorities. With hedge funds building up their largest bets against the currency in 17 years, a rebound in the yen could trigger a significant rally.\nIn Tokyo, Japanese Finance Minister Shunichi Suzuki said on Tuesday he was closely watching currency moves and will take a "thorough response as needed", after the dollar hit a 34-year high.\nThe yen last hovered around 154.40 per dollar, close to the new resistance level of 155.\nDespite verbal warnings, "the test of 155 seems too tempting," and market forces are likely to drive the currency pair higher, said Simpson at City Index.\n"How it reacts around that level should provide a good indication of whether (Japanese authorities) have thrown in the towel with intervention."\nThe offshore Chinese yuan fell to 7.2831 per dollar for its lowest mark since Nov. 14, before picking up after official data showed China\'s economy grew 5.3% in the first quarter year-on-year, comfortably beating analysts\' expectations.\nBut China\'s retail sales missed expectations, a worrying sign for consumer confidence and reflection of the economy\'s uneven recovery.\nElsewhere, the euro brushed $1.06070, the weakest since Nov. 2, as it continued to slump after the European Central Bank last week left the door open to a rate cut in June.\nThe Australian dollar dropped to $0.64085, its lowest since Nov. 14.\nThe kiwi slipped to a five-month low of $0.58815.\nBitcoin fell 0.26% to $62,978.00.\n(Reporting by Brigid Riley; Editing by Stephen Coates and Neil Fullick)', '• US stocks fell on Monday as investors worried about an escalation of the Israel-Iran conflict.\n• The risk-off nature of Monday\'s market action sent the 10-Year Treasury yield to its highest level of 2024.\n• March retail sales data surged 0.7%, more than double consensus estimates of 0.3%.\nUS stocks reversed their Monday morning gains and finished the day considerably lower as investors worried about a potential escalation of the Israel-Iran conflict.\nIran fired hundreds of missiles and drones at Israel, but its defense system, in coordination with its allies,intercepted nearly all of the projectiles.\n"Iranian officials have said that this concludes the response and markets are hoping that the situation will de-escalate from here. However, this situation is by no means over and the back-and-forth headlines have continued throughout the day," NYSE market strategist Michael Reinking said.\nA sourcetold NBC Newsthat a retaliatory attack by Israel against Iran could be "imminent." Allies of Israel have cautioned the country from further escalating the conflict.\nSeparately, retail sales surged in March, growing 0.7%, more than double consensus estimates of 0.3%. The combination of solid retail sales data and the risk-off nature of the Israel-Iran conflict sent the 10-year Treasury yield to its highest level of 2024 and its highest level since November.\nHere\'s where US indexes stood at the 4 p.m. closing bell on Monday:\n• S&P 500:5,061.82, down 1.2%\n• Dow Jones Industrial Average:37,735.11, down 0.7% (-248 points)\n• Nasdaq Composite:15,885.02, down 1.8%\nHere\'s what else happened today:\n• The average US home price could spike 20% to a record $500,000if the Fed cuts interest rates too soon, expert says.\n• Shares of Trump Media and Technology Group plunged nearly 20%after the company filed with the SEC to sell millions of shares.\n• Goldman Sachs reported its highest quarterly profit since 2021.Here\'s a break down of the results.\n• A Warren Buffett-signed sheet of uncut dollar bills sold at auction for $20,740 over the weekend.\n• Tesla stock fell 5% on Monday after the company initiated a wave of layoffs,reducing its workforce by about 14,000 employees as the company deals with weak EV demand.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dropped 0.19% to $85.50 a barrel.Brent crude, the international benchmark, fell 0.27% to $90.21 a barrel.\n• Goldjumped 1.04% to $2,398.80 per ounce.\n• The 10-year Treasury yield climbed 9 basis points to 4.62%.\n• Bitcoindeclined by 3.43% to $63,506.\nRead the original article onBusiness Insider', 'By Hannah Lang\n(Reuters) - Could bitcoin\'s bumper rally just be getting started this year?\nThat\'s the question on the minds of cryptocurrency traders ahead of the upcoming bitcoin \'halving\', a change in the token\'s underlying blockchain technology that is designed to reduce the rate at which new bitcoins are created.\nPrevious bitcoin halvings in 2012, 2016 and 2020 were followed by massive rallies in its price: a year after the May 2020 bitcoin halving, bitcoin was up more than 545%.\nThe next halving is currently slated to occur on April 20, per data platform CoinGecko. But this time around, the market is split on whether bitcoin could be in for another meteoric rise.\nAt the halving, the amount of bitcoin available as rewards for miners is cut in half, making mining less profitable and slowing the production of new tokens. Some bitcoin enthusiasts say that bitcoin\'s enhanced scarcity gives it extra value.\nIn an April 8 report, Bitfinex analysts predicted bitcoin\'s price would soar about 160% in the 12-14 months after this year\'s halving, which they said could push bitcoin to an all-time high of more than $150,000.\n"This current cycle stands out from all the other previous cycles as the bitcoin price has already achieved a new all-time high - even before the halving. This anomaly could be interpreted as a bullish indicator, yet it also introduces a level of uncertainty into the market dynamics," the report said.\nDavid Mercer, CEO of LMAX Group, which operates an institutional crypto exchange, is among the skeptics: "The view from the grown-up market is this: 2012, 2016, 2020, the halving preceded a massive bull run, so the evangelist will tell you, 2024 is going to be the same. We think not."\nThe reason? Some analysts say the impact of the halving could have already been priced into bitcoin\'s recent move skyward. Bitcoin hit an all-time high in March at $73,803.25, and has risen more than 60% since Jan. 1 as investors cheered new U.S. spot bitcoin exchange-traded funds (ETFs) and bet on the entry of new institutional money into the asset class.\nThe bitcoin ETFs "brought in a tremendous amount of interest and net new flows into bitcoin preceding the halving event, whereas in the past, we\'ve seen price levels right after the halving event bring in those new flows," said Thomas Perfumo, head of strategy at crypto exchange Kraken.\nPRICED IN?\nHalvings happen approximately every four years, though, according to some analysts, it\'s difficult to rely on historical precedent. They say that a combination of factors outside of the halving could have contributed to bitcoin\'s rally in 2020, including looser monetary policy and stay-at-home retail investors spending spare cash on cryptocurrencies.\n"A sample size of three [halvings] is not necessarily large enough to be conclusive. It is also important to note that other bullish events in the industry contributed to the gains," researchers at crypto analytics firm Kaiko said in a note.\nStill, others say that the ETFs could just be one in a series of catalysts that could support bitcoin\'s price in the year following a halving. The U.S. Federal Reserve is widely expected to cut interest rates this year, which could boost risk assets such as cryptocurrencies.\n"You have a simultaneous influx of new money into the asset class, finally, by way of the ETF ... then there\'s also the Fed, indicating that they plan on easing monetary policy later this year," said Ravi Doshi, head of markets at FalconX, a crypto prime broker.\n"Assuming that inflation prints continue to stay muted, you have this recipe for significantly higher prices."\n(Reporting by Hannah Lang in New York; Editing by Vidya Ranganathan and Pravin Char)', '• Crypto prices continue to decline, with the Bitcoin Trend Indicator dropping into neutral.\n• Trading volume for BTC remains resilient, however.\nBitcoin {{BTC}}was down nearly 4%, trading below $62,500 in the early hours of the Asia busi **Last 60 Days of Bitcoin's Closing Prices:** [52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-16 **Financial & Commodity Data:** - Gold Closing Price: $2390.80 - Crude Oil Closing Price: $85.36 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,217,401,788,938 - Hash Rate: 708575761.9190906 - Transaction Count: 454669.0 - Unique Addresses: 743368.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.65 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: FrxETHRedemptionTicket, an Ethereum-based NFT collection, has emerged as the top performer in the non-fungible token market over the past 24 hours, with sales reaching US$4.64 million, marking a 480% increase. This sales boost helped propel Ethereum to the top of the day’s blockchain rankings, CryptoSlam data shows. Ethereum collections dominated the charts on Wednesday, as three collections claimed the top three spots. Ethereum’s Azuki collection experienced a 263% increase in sales, amounting to US$1.54 million, the second most in the market, with transactions up by 2.67%. Azuki is the NFT market’s eighth all-time sales leader with US$1.1 billion Bored Ape Yacht Club (BAYC), another Ethereum stalwart, saw a slight uptick of 51% in sales, reaching US$1.51 million for the day’s third rank. On the Bitcoin platform, $JIGO BRC-20 NFTs also enjoyed a rise, with sales climbing 3.65% to US$1.33 million and transactions growing by 92%. Mad Lads, a Solana-based collection that led yesterday’s sales, recorded US$1.32 million with an 18% sales decrease. Despite the dip, Mad Lads managed to stay in the top five. Froganas, another Solana-based collection that topped the rankings earlier this week continued to fall, adding on to Tuesday’s 20% sales decrease. On Wednesday, it barely hung on in the top 10 after dropping 2.8% to US$658,014. The Captainz, an Ethereum-based collection of 9,999 NFTs, trailed close behind at 11th with US$631,276.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['(Changes word in paragraph 6 quote to \'cut\', not \'hike\')\nBy Brigid Riley\nTOKYO, April 16 (Reuters) - The dollar hit a five-month high against major peer currencies on Tuesday following hotter-than-expected U.S. retail sales figures, raising intervention worries as the yen languished at its lowest level since 1990.\nThe Chinese yuan stabilised after touching its lowest since November in early Asia trading after GDP data for China\'s first quarter beat expectations, a boost for policymakers trying to shore up confidence in the face of a protracted property crisis.\nU.S. data on Monday showed retail sales rose 0.7% last month, compared with a 0.3% rise that economists polled by Reuters had forecast. Data for February was revised higher to show sales rebounding 0.9% for the largest gain in just over a year, much stronger than the previously reported 0.6%.\nThe latest data has raised more questions about when the Federal Reserve could begin cutting interest rates, following robust employment gains in March and a pick-up in consumer inflation.\nMarkets are now pricing in a 41% chance of the Fed cutting rates in July, compared with around 50% before the data, according to CME FedWatch tool. The likelihood of the first cut coming in September has bumped up to nearly 46%.\n"I just see no chance of a July cut, assuming we’re all looking at the same data," said Matt Simpson, senior market analyst at City Index.\nUnderlining the market bets, the president of the San Francisco Federal Reserve Bank, Mary Daly, said late on Monday in the United States that there is "no urgency" to cut U.S. interest rates.\nThe U.S. dollar index touched 106.37 on Tuesday, the highest since Nov. 2.\nIn the face of dollar strength, the yen breached 154 per dollar to hit its weakest level in 34 years.\nThat kept traders on high alert for yen-buying intervention from Japanese authorities. With hedge funds building up their largest bets against the currency in 17 years, a rebound in the yen could trigger a significant rally.\nIn Tokyo, Japanese Finance Minister Shunichi Suzuki said on Tuesday he was closely watching currency moves and will take a "thorough response as needed", after the dollar hit a 34-year high.\nThe yen last hovered around 154.40 per dollar, close to the new resistance level of 155.\nDespite verbal warnings, "the test of 155 seems too tempting," and market forces are likely to drive the currency pair higher, said Simpson at City Index.\n"How it reacts around that level should provide a good indication of whether (Japanese authorities) have thrown in the towel with intervention."\nThe offshore Chinese yuan fell to 7.2831 per dollar for its lowest mark since Nov. 14, before picking up after official data showed China\'s economy grew 5.3% in the first quarter year-on-year, comfortably beating analysts\' expectations.\nBut China\'s retail sales missed expectations, a worrying sign for consumer confidence and reflection of the economy\'s uneven recovery.\nElsewhere, the euro brushed $1.06070, the weakest since Nov. 2, as it continued to slump after the European Central Bank last week left the door open to a rate cut in June.\nThe Australian dollar dropped to $0.64085, its lowest since Nov. 14.\nThe kiwi slipped to a five-month low of $0.58815.\nBitcoin fell 0.26% to $62,978.00.\n(Reporting by Brigid Riley; Editing by Stephen Coates and Neil Fullick)', '• US stocks fell on Monday as investors worried about an escalation of the Israel-Iran conflict.\n• The risk-off nature of Monday\'s market action sent the 10-Year Treasury yield to its highest level of 2024.\n• March retail sales data surged 0.7%, more than double consensus estimates of 0.3%.\nUS stocks reversed their Monday morning gains and finished the day considerably lower as investors worried about a potential escalation of the Israel-Iran conflict.\nIran fired hundreds of missiles and drones at Israel, but its defense system, in coordination with its allies,intercepted nearly all of the projectiles.\n"Iranian officials have said that this concludes the response and markets are hoping that the situation will de-escalate from here. However, this situation is by no means over and the back-and-forth headlines have continued throughout the day," NYSE market strategist Michael Reinking said.\nA sourcetold NBC Newsthat a retaliatory attack by Israel against Iran could be "imminent." Allies of Israel have cautioned the country from further escalating the conflict.\nSeparately, retail sales surged in March, growing 0.7%, more than double consensus estimates of 0.3%. The combination of solid retail sales data and the risk-off nature of the Israel-Iran conflict sent the 10-year Treasury yield to its highest level of 2024 and its highest level since November.\nHere\'s where US indexes stood at the 4 p.m. closing bell on Monday:\n• S&P 500:5,061.82, down 1.2%\n• Dow Jones Industrial Average:37,735.11, down 0.7% (-248 points)\n• Nasdaq Composite:15,885.02, down 1.8%\nHere\'s what else happened today:\n• The average US home price could spike 20% to a record $500,000if the Fed cuts interest rates too soon, expert says.\n• Shares of Trump Media and Technology Group plunged nearly 20%after the company filed with the SEC to sell millions of shares.\n• Goldman Sachs reported its highest quarterly profit since 2021.Here\'s a break down of the results.\n• A Warren Buffett-signed sheet of uncut dollar bills sold at auction for $20,740 over the weekend.\n• Tesla stock fell 5% on Monday after the company initiated a wave of layoffs,reducing its workforce by about 14,000 employees as the company deals with weak EV demand.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dropped 0.19% to $85.50 a barrel.Brent crude, the international benchmark, fell 0.27% to $90.21 a barrel.\n• Goldjumped 1.04% to $2,398.80 per ounce.\n• The 10-year Treasury yield climbed 9 basis points to 4.62%.\n• Bitcoindeclined by 3.43% to $63,506.\nRead the original article onBusiness Insider', 'By Hannah Lang\n(Reuters) - Could bitcoin\'s bumper rally just be getting started this year?\nThat\'s the question on the minds of cryptocurrency traders ahead of the upcoming bitcoin \'halving\', a change in the token\'s underlying blockchain technology that is designed to reduce the rate at which new bitcoins are created.\nPrevious bitcoin halvings in 2012, 2016 and 2020 were followed by massive rallies in its price: a year after the May 2020 bitcoin halving, bitcoin was up more than 545%.\nThe next halving is currently slated to occur on April 20, per data platform CoinGecko. But this time around, the market is split on whether bitcoin could be in for another meteoric rise.\nAt the halving, the amount of bitcoin available as rewards for miners is cut in half, making mining less profitable and slowing the production of new tokens. Some bitcoin enthusiasts say that bitcoin\'s enhanced scarcity gives it extra value.\nIn an April 8 report, Bitfinex analysts predicted bitcoin\'s price would soar about 160% in the 12-14 months after this year\'s halving, which they said could push bitcoin to an all-time high of more than $150,000.\n"This current cycle stands out from all the other previous cycles as the bitcoin price has already achieved a new all-time high - even before the halving. This anomaly could be interpreted as a bullish indicator, yet it also introduces a level of uncertainty into the market dynamics," the report said.\nDavid Mercer, CEO of LMAX Group, which operates an institutional crypto exchange, is among the skeptics: "The view from the grown-up market is this: 2012, 2016, 2020, the halving preceded a massive bull run, so the evangelist will tell you, 2024 is going to be the same. We think not."\nThe reason? Some analysts say the impact of the halving could have already been priced into bitcoin\'s recent move skyward. Bitcoin hit an all-time high in March at $73,803.25, and has risen more than 60% since Jan. 1 as investors cheered new U.S. spot bitcoin exchange-traded funds (ETFs) and bet on the entry of new institutional money into the asset class.\nThe bitcoin ETFs "brought in a tremendous amount of interest and net new flows into bitcoin preceding the halving event, whereas in the past, we\'ve seen price levels right after the halving event bring in those new flows," said Thomas Perfumo, head of strategy at crypto exchange Kraken.\nPRICED IN?\nHalvings happen approximately every four years, though, according to some analysts, it\'s difficult to rely on historical precedent. They say that a combination of factors outside of the halving could have contributed to bitcoin\'s rally in 2020, including looser monetary policy and stay-at-home retail investors spending spare cash on cryptocurrencies.\n"A sample size of three [halvings] is not necessarily large enough to be conclusive. It is also important to note that other bullish events in the industry contributed to the gains," researchers at crypto analytics firm Kaiko said in a note.\nStill, others say that the ETFs could just be one in a series of catalysts that could support bitcoin\'s price in the year following a halving. The U.S. Federal Reserve is widely expected to cut interest rates this year, which could boost risk assets such as cryptocurrencies.\n"You have a simultaneous influx of new money into the asset class, finally, by way of the ETF ... then there\'s also the Fed, indicating that they plan on easing monetary policy later this year," said Ravi Doshi, head of markets at FalconX, a crypto prime broker.\n"Assuming that inflation prints continue to stay muted, you have this recipe for significantly higher prices."\n(Reporting by Hannah Lang in New York; Editing by Vidya Ranganathan and Pravin Char)', '• Crypto prices continue to decline, with the Bitcoin Trend Indicator dropping into neutral.\n• Trading volume for BTC remains resilient, however.\nBitcoin {{BTC}}was down nearly 4%, trading below $62,500 in the early hours of the Asia busi **Last 60 Days of Bitcoin's Closing Prices:** [52160.20, 51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-16 **Financial & Commodity Data:** - Gold Closing Price: $2390.80 - Crude Oil Closing Price: $85.36 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,217,401,788,938 - Hash Rate: 708575761.9190906 - Transaction Count: 454669.0 - Unique Addresses: 743368.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.65 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: FrxETHRedemptionTicket, an Ethereum-based NFT collection, has emerged as the top performer in the non-fungible token market over the past 24 hours, with sales reaching US$4.64 million, marking a 480% increase. This sales boost helped propel Ethereum to the top of the day’s blockchain rankings, CryptoSlam data shows. Ethereum collections dominated the charts on Wednesday, as three collections claimed the top three spots. Ethereum’s Azuki collection experienced a 263% increase in sales, amounting to US$1.54 million, the second most in the market, with transactions up by 2.67%. Azuki is the NFT market’s eighth all-time sales leader with US$1.1 billion Bored Ape Yacht Club (BAYC), another Ethereum stalwart, saw a slight uptick of 51% in sales, reaching US$1.51 million for the day’s third rank. On the Bitcoin platform, $JIGO BRC-20 NFTs also enjoyed a rise, with sales climbing 3.65% to US$1.33 million and transactions growing by 92%. Mad Lads, a Solana-based collection that led yesterday’s sales, recorded US$1.32 million with an 18% sales decrease. Despite the dip, Mad Lads managed to stay in the top five. Froganas, another Solana-based collection that topped the rankings earlier this week continued to fall, adding on to Tuesday’s 20% sales decrease. On Wednesday, it barely hung on in the top 10 after dropping 2.8% to US$658,014. The Captainz, an Ethereum-based collection of 9,999 NFTs, trailed close behind at 11th with US$631,276.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['• Stocks inched higher on Tuesday, despite hawkish comments from Fed Chairman Jerome Powell.\n• Powell noted little progress in combatting inflation, suggesting higher-for-longer interest policy.\n• Treasury bond yields hit another record high for 2024.\nUS stocks were mixed on Tuesday, with equities wavering after the latest comments from Federal Reserve Chairman Jerome Powell cast doubt on the potential for interest rate cuts this year.\nSpeaking during a panel, the central bank chief said that more confidence was needed in the trajectory of US inflation, which has remained stubbornly high in recent readings.\n"More recent data shows solid growth and continued strength in the labor market, but also a lack of further progress so far this year on returning to our 2% inflation goal," he said.\nHis comments sent long-dated Treasury yields spiking to another 2024 record, indicating that investors are growing convinced about a higher-for-longer monetary regime.\nFed fund futures are nowpricing inthe first rate cut for September, instead of the long-touted June timeline.\n"Fed Chair Powell moved more decidedly in a hawkish direction as he essentially underscored that the downward trajectory of inflation has essentially stalled," Quincy Krosby, \xa0Chief Global Strategist for LPL Financial, said. "Moreover, he made it clear - rather than his more ambiguous stance regarding a rate easing timetable - that the \'higher for longer\' narrative remains intact."\nStocks were propped up throughout the day by strong corporate earnings, with a majority of S&P 500 companies having so far beaten estimates. Rallying on Tuesday were Morgan Stanley and UnitedHealth, which grew nearly 3% and 6%.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 5,051.33, down 0.21%\n• Dow Jones Industrial Average: 37,798.77, up 0.17% (+63.66 points)\n• Nasdaq Composite: 15,865.25, 0.12%\nHere\'s what else is happening today:\n• Donald Trump\'s social media firm is plummeting in markets. Here\'s how hisTruth Social users feel about the steep losses.\n• Theshuttering of a massive Panama mineis a key element behind copper\'s surging price.\n• Gold could jump another 25%on rising geopolitical tensions and falling interest rates, Citi says.\n• A bullishstock market signal just hinted at 19% upsideby August 2025, Bank of America says.\n• A perfect Fed \'no landing\' wouldn\'terase a possible 10% correction stock risk, Ed Yardeni says.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil rose a modest 0.01% to $85.42 a barrel.Brent crude, the international benchmark, slipped to $89.92 a barrel.\n• Goldincreased by 0.45% to $2,393 per ounce.\n• The 10-year Treasury yield climbed three basis points to 4.663%.\n• Bitcoindropped by 0.9% to $62,998.\nRead the original article onBusiness Insider', '• BTC is up, trading above $64,000 while ETH prices continue to decline.\n• The CD20 is flat, trading at 2,174.\nEther {{ETH}} was changing hands just above $3,000 during the opening hours of the Asia trading day as the CoinDesk IndicesEthereum Trend Indicator flippednegative, signaling a bearish shift in momentum.\nAt the same time, bitcoin {{BTC}}, is trading slightly above $64,000 after challenging it for most of the Asia trading morning.\n"Unexpected higher U.S. treasury yields, a stronger dollar, and geopolitical risks in the Middle East weighed down on crypto markets," Jun-young Heo, a Derivatives Trader at Singapore-based Presto, said in an interview on Telegram with CoinDesk.\nYeo said that risk-off sentiment was also reflected in the derivatives market, with funding rates in some exchanges turning negative and three-month basis yields "plunging" to 10%.\n"Short-term put options are more expensive than call options for both BTC and ETH," Heo continued.\nLiquidations in the last 12 hours came in almost evenly split between bullish and bearish futures bets, with $31.1 million in long positions getting liquidated and $36.49 million in shorts getting rekt.\n"It seems investors have been unable to break all-time highs but remain unwilling to completely turn bearish either," Justin d\'Anethan, head of business development at Keyrock, a crypto market maker in Hong Kong, said in a note to CoinDesk.\nThe CoinDesk 20, an index measuring the performance of the world\'s largest digital assets, is effectively flat trading at 2,174.\n"It is a difficult environment to navigate with a series of positive crypto-centric catalysts," he continued. On the other hand, the macro side of things seems to be dominating all risk assets, with more hawkish rate expectations in light of surprisingly higher inflation and, of course, the increase in tension in the Middle East."\nd\'Anethan also noted that sideways price action and settling into a range could, in crypto, set the stage for more explosive moves, with leveraged traders taking a view and then suffering from violent liquidation events when the scene clears up, bringing a decisive move in markets.\n"It might need some time or other catalyst rather than known events to turn this sentiment back to bullish," added Heo.', '• BTC is up, trading above $64,000 while ETH prices continue to decline.\n• The CD20 is flat, trading at 2,174.\nEther {{ETH}} was changing hands just above $3,000 during the opening hours of the Asia trading day as the CoinDesk IndicesEthereum Trend Indicator flippednegative, signaling a bearish shift in momentum.\nAt the same time, bitcoin {{BTC}}, is trading slightly above $64,000 after challenging it for most of the Asia trading morning.\n"Unexpected higher U.S. treasury yields, a stronger dollar, and geopolitical risks in the Middle East weighed down on crypto markets," Jun-young Heo, a Derivatives Trader at Singapore-based Presto, said in an interview on Telegram with CoinDesk.\nYeo said that risk-off sentiment was also reflected in the derivatives market, with funding rates in some exchanges turning negative and three-month basis yields "plunging" to 10%.\n"Short-term put options are more expensive than call options for both BTC and ETH," Heo continued.\nLiquidations in the last 12 hours came in almost evenly split between bullish and bearish futures bets, with $31.1 million in long positions getting liquidated and $36.49 million in shorts getting rekt.\n"It seems investors have been unable to break all-time highs but remain unwilling to completely turn bearish either," Justin d\'Anethan, head of business development at Keyrock, a crypto market maker in Hong Kong, said in a note to CoinDesk.\nThe CoinDesk 20, an index measuring the performance of the world\'s largest digital assets, is effectively flat trading at 2,174.\n"It is a difficult environment to navigate with a series of positive crypto-centric catalysts," he continued. On the other hand, the macro side of things seems to be dominating all risk assets, with more hawkish rate expectations in light of surprisingly higher inflation and, of course, the increase in tension in the Middle East."\nd\'Anethan also noted that sideways price action and settling into a range could, in crypto, set the stage for more explosive moves, with leveraged traders taking a view and then suffering from violent liquidation events when the scene clears up, bringing a decisive move in markets.\n"It might need some time or other catalyst rather than known events to turn this sentiment back to bullish," added Heo.', 'According to a research report by brokerage firm Bernstein,Bitcoin (BTC)miners have experienced underperformance this year. However, the CEOs of mining companies remain optimistic as the upcoming halving event approaches. The halving, which occurs every four years, involves a reduction in miner rewards, consequently slowing the rate of Bitcoin supply growth. The next halving is anticipated to take place around April 19-20.\nThe report explained that the underperformance can be attributed to significant movements in Bitcoin and spot exchange-traded funds (ETFs). These factors have drained "retail liquidity" from mining stocks, coupled with concerns about the impact of the halving on miner revenues. However, in interviews with the CEOs of Riot Platforms (RIOT), CleanSpark (CLSK), Marathon Digital (MARA), Cipher Mining (CIFR), and Hut 8 (HUT), these companies emphasized that they are in a relatively strong financial position this cycle, making them better equipped to withstand the effects of the halving.\nThe CEOs also highlighted that miner dollar revenues have reached all-time highs, providing a solid buffer for miners ahead of the halving. Additionally, they noted the relatively low debt levels on their balance sheets. The report also mentioned that some CEOs foresee potential consolidation within the mining industry. The CEO of CleanSpark, for example, expects the industry to consolidate around four leading miners, naming RIOT, MARA, CLSK, and CIFR as the frontrunners. The CEO of MARA emphasized a similar path to industry consolidation and identified CLSK as their main competitor in the race to acquire targets.\nAnother significant change observed this time around is the development of applications and layer 2 solutions on the Bitcoin blockchain. This development has led to an increase in network fees that flow back to miners as additional revenue streams.', 'According to a research report by brokerage firm Bernstein,Bitcoin (BTC)miners have experienced underperformance this year. However, the CEOs of mining companies remain optimistic as the upcoming halving event approaches. The halving, which occurs every four years, involves a reduction in miner rewards, consequently slowing the rate of Bitcoin supply growth. The next halving is anticipated to take place around April 19-20.\nThe report explained that the underperformance can be attributed to significant movements in Bitcoin and spot exchange-traded funds (ETFs). These factors have drained "retail liquidity" from mining stocks, coupled with concerns abou **Last 60 Days of Bitcoin's Closing Prices:** [51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-17 **Financial & Commodity Data:** - Gold Closing Price: $2371.70 - Crude Oil Closing Price: $82.69 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,248,315,687,450 - Hash Rate: 588332602.3206996 - Transaction Count: 385606.0 - Unique Addresses: 661886.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.67 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Sam Bankman-Fried, the founder of collapsed cryptocurrency exchange FTX, has been sentenced to 25 years in prison for masterminding a fraud that cost investors, lenders and customers $11bn (£8.7bn). At a sentencing hearing in New York, Judge Lewis Kaplan said Bankman-Fried had shown “never a word of remorse for the commission of terrible crimes” and “exceptional flexibility with the truth” during the trial. If he serves his full sentence, the one-time “Crypto King” will be 57 years old by the time he leaves prison. Judge Kaplan told the 32-year-old, who stood in court wearing beige prison overalls, that his “punishment must fit the seriousness of the crime”. Bankman-Fried, who had pleaded not guilty, had faced apossible sentence of up to 110 years in prison, while US prosecutors had called for between 40 and 50 years. On Thursday, Judge Kaplan said Bankman-Fried’s crimes contributed to losses to $8bn in customers losses and around $3bn for investors and lenders. He also declared Bankman-Fried had attempted to tamper with a witness in the run up to the trial and had given false evidence to the court. He added of Bankman-Fried’s witness testimony: “I’ve been doing this job for close to 30 years. I’ve never seen a performance like that.” The prison term comes after Bankman-Fried wasfound guilty of syphoning off billions of dollars in customer funds from FTXto fund high risk investments and luxury purchases. The jury took just four hours to find him guilty on all counts in November Speaking ahead of the sentencing, Bankman-Fried said he “made a lot of mistakes” and “caused a lot of damage”. He added: “My useful life is probably over.” His lawyers said he plans to appeal the jury verdict. The rise of FTX, at one point valued at $32bn,made Bankman-Fried a billionaire by the age of 30. The cryptocurrency business, which enjoyed celebrity endorsements from the likes of American football star Tom Brady, was the second biggest cryptocurrency exchange prior to its collapse. FTX filed for bankruptcy in late 2022 after a multibillion-dollar black hole was uncovered in its accounts, and Bankman-Fried was quickly arrested in the Bahamas before being extradited to the US. During the trial, the jury heard how FTX executives engineered a secret software back door to divert customer cash for funding high risk deals at a sister hedge fund. Bankman-Fried was also accused of spending millions of pounds on property in the Bahamas and on political donations. A self-proclaimed “effective altruist”, Bankman-Fried supposedly intended to make as much money as possible to give to good causes. However, at last year’s trial his former friends and colleagues, including his ex-girlfriend Caroline Ellison, gave evidence against him after pleading guilty to US prosecutors. Bankman-Fried, however, insisted on his innocence and protested he had simply made mistakes. On Thursday, he admitted customers had suffered and apologised to former colleagues, adding the failure of the business “haunts me every day”. Bankman-Fried’s lawyers pleaded fora more lenient sentencebecause of their client’s alleged autism, mental health and philanthropic endeavours. Speaking to the court on Thursday, they raised his veganism during a final plea to the judge, and called the former FTX boss an “awkward math nerd” and a “beautiful puzzle”. They had suggested a penalty of less than six years behind bars. In a filing earlier this month, they accused US officials of a “medieval view of punishment… a death in prison sentencing recommendation”. On Thursday, his lawyer, Marc Mukasey, insisted Bankman-Fried was “not a ruthless financial serial killer”. His lawyers had insisted his crimes did not compare to those of financier Bernie Madoff, who was sentenced to 150 years in prison in 2009 for his operation of a decades-long, $65bn Ponzi scheme. They also protested that many FTX customers would be returned much of the money they had deposited with the exchange prior to its collapse. Despite filing for bankruptcy, many of FTX’s investments and assets have since soared in value asthe price of Bitcoin has spiked. It also holds an investment in fast-growing artificial intelligence start-up Anthropic. In sentencing remarks, Judge Kaplan dismissed this argument. He said: “The assertion that customers and creditors will be paid in full is misleading.” He added: “A thief who takes his loot to Las Vegas and successfully bets the stolen money is not entitled to a discount on the sentence by using his Las Vegas winnings to pay back what he stole.” Many customers have had their savings locked up for over a year, disrupting their lives and putting them in financial peril. While the value of Bitcoin has climbed in recent months to more than $70,000, the bankruptcy estate only expects to pay out customers at the price of their digital coins as of November 2022, with FTX creditors arguing they effectively be short changed. Among hundreds of victim statements, one testified: “My whole life has been destroyed. I have two young children, one born right before the collapse. I still remember the weeks following where I would stare blankly into their eyes, completely empty inside knowing their futures have been stolen through no fault of our own.” Thanks for joining us and do tune in again next week after the Easter bank holiday weekend. Boots has said weight-loss is the most popular and fastest growing service on its ‘Online Doctor’ website, as people race to try to get their hands on obesity drugs. The company, which runs virtual consultations via its ‘Online Doctor’ website to prescribe people treatments including contraceptive pills, said weight-loss was its most in-demand service. Drugs such as Novo Nordisk’s Wegovy and Eli Lilly’s Mounjaro are available via the website, although they are prescription only with people going through clinical assessments to see if they need treatments. Boots says it also offers 10-week weight loss programmes and WeightWatchers offers to those with excess weight. Obesity jabs have, however, been in huge demand over the past year after studies suggest people can lose a fifth of their weight. Boots said sales were up in its retail stores by 5.9pc in the three months to the end of February. London stocks ended the March quarter on a buoyant note, boosted by a positive update from sportswear retailer JD Sports. The FTSE 100 was up by around 0.3pc, while the FTSE 250 gained 0.4pc, coming as data confirmed that Britain’s economy entered shallow recession in 2023. JD Sports on Thursday hit an almost-three month high, with shares jumping by 16pc on signs the sportswear market was not worsening. The company said profits would be in line with its guidance from January, when it was forced to slash forecasts following weaker Christmas sales. Peel Hunt analysts said they expected that “things will get better as the comp eases, shoppers find their feet, and crucially, a more compelling product pipeline emerges”. Meanwhile Adnams has hired the first female chief executive in its history, promoting Jenny Hanlon from the CFO post. The Suffolk beer and spirit company, which was founded in 1872, said Ms Hanlon would be taking over from Andy Wood at its annual general meeting in June. Ms Hanlon said: “This is a hugely exciting time to be taking the reins from Andy.“The Adnams brand is cherished and championed by colleagues and customers, in its heartland of the East of England, across the wider UK and throughout dozens of countries around the world.” It comes weeks after the brewer said it had hired advisors to explore funding options for its future growth plans, pointing to challenges across the hospitality and brewing industries. Superdry is looking at options to exit the London market, after it said its founder would not make a takeover offer but could seek to delist the company. The retailer said Julian Dunkerton, who is also its chief executive, was no longer in talks over a take-private deal, citing the “ongoing work on its turnaround plan and material cost saving options” which meant they had concluded this was not the right move. However, Superdry said Mr Dunkerton remained in talks over a possible seperate transaction, by which it would look to raise fresh cash from shareholders, including potentially its founder. This possible fund-raise would be fully underwritten by Mr Dunkerton which would provide extra cash for its turnaround plans. It would be at a “very material discount” to its current share price and be conditional on the company delisting. Chinese property giant Country Garden has delayed the release of its results as the country’s housing crisis escalates. Country Garden said it would not be able to publish its results on time, meaning its shares are expected to be suspended from next Tuesday. It blamed the “continuous volatility of the industry” for the delay, saying: “The operating environment the group is confronting is becoming increasingly complex.” Country Garden said it needed more time to collect information to make the appropriate account estimates and judgments in its results. It follows turmoil in the Chinese housing market, which has been rocked by a spate of bankruptcies following a regulatory crackdown in the country on how much developers could borrow. The price of Bitcoin is up around 2pc and trading at north of $70,000, close to record highs achieved earlier this month. The recovery in the price of digital currencies was a key talking point during the trial as Bankman-Fried’s lawyers argued his victims could likely get much of their money back. Having been sentenced, the FTX founder has also been ordered to forfeit $11bn he stole as part of the crime. Bankman-Fried stood with his hands together before him as the sentence was read out. The convicted fraud’s lawyers had sought to insist his crime was not akin to that of Bernie Madoff, the financier whose Ponzi scheme cost investors billions. Madoff was sentenced to 150 years in prison. Sam Bankman... - Reddit Posts (Sample): [['u/MasterOfReallity', 'Selling all XRP for BTC', 40, '2024-04-17 00:12', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/', 'I feel really stupid, cause I could have bought BTC last year and literally doubled my money but instead I bought into youtube clickbait and thought it would go to 1k.\r \n\r \nBut now I don\'t see how anything could happen with it. It was supposed to go up after the SEC case and instead went down. It can\'t even go back to it\'s peak at 3 dollars yet alone 10 dollars like some claim. Before the case it was the same. Seems like the more "banks" utilize it the lower the price is.\r \n\r \nAt what time does the halving end, should I buy right away or wait for a dip? The money I get back I will put into BTC hopefully as soon as I sell.', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/', '1c5szhk', [['u/Chr-whenever', 60, '2024-04-17 00:20', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/kzwed9j/', 'XRP is and always has been manipulated scam garbage', '1c5szhk'], ['u/Initial-Desk-360', 26, '2024-04-17 00:33', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/kzwge7j/', 'DYOR but the XRP/BTC chart is like nearly at an all time low, so like you are getting the least amount of BTC right now for your XRP you ever would have in the history of Crypto.\n\nPersonally I would rather die than sell something when its at an all time low but do what you gotta do.', '1c5szhk'], ['u/putgambler', 21, '2024-04-17 00:39', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/kzwhc1n/', 'This just proves that xrp has 0 demand', '1c5szhk'], ['u/Jenn2895', 10, '2024-04-17 00:46', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/kzwidqw/', "You thought xrp could go to $1k? \n\nTake a little bit of time to learn about marketcaps. There's still people thinking Shiba Inu can go as high as bitcoin... b/c they don't understand the basics like market caps.", '1c5szhk'], ['u/TheNotSoRealMVP', 15, '2024-04-17 06:13', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/kzxuxf7/', "XRP is a trader's best friend, but an investor's worst nightmare.", '1c5szhk']]], ['u/CryptoDawn', "I'm one of the original founders of Reddit Island from 10+ years ago, I finally have the money to make Reddit Island a possibility. I now have $100m+ and we will turn Reddit Island into the society of the future it deserves to be.", 58, '2024-04-17 00:43', 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/', "I've been working on Reddit Island and free societies for 10+ years and I'm one of the original founders and moderators of Reddit Island from the original subreddit. I started posting here about 2 years ago when I saw this new subreddit become a thing and I was happy to see that some people still believed in the dream of Reddit Island. And now I'm back because I have what we need to make Reddit Island happen.\n\nI'm happy to say I now have the funds required to make Reddit Island a reality. I've recently been able to get $100 million+ and some of that can be used to make Reddit Island a reality in additon to extra funds that will become available. \n\nI will post proof of the funds in Bitcoin soon possibly next week and it will be 100% verifiable. Reddit Island is finally becoming a thing.\n\nI want to hear everyone's thoughts and give me some ideas on things you think we should do with Reddit Island.", 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/', '1c5tqbd', [['u/tortupouce', 41, '2024-04-17 00:54', 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/kzwjosq/', "If this even has 1% of being true, I'll use the first comment to say this: make it the law to have a mandatory poop knife in every househot", '1c5tqbd'], ['u/buildbox0606', 26, '2024-04-17 04:19', 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/kzxfp77/', 'generally my first question will be how will you determine who gets access to live on the island? i assume it will be through some kind of application process', '1c5tqbd'], ['u/CallMeRenny84', 15, '2024-04-17 09:45', 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/kzyfag3/', 'Just drop the paypal already', '1c5tqbd'], ['u/urioRD', 10, '2024-04-17 10:06', 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/kzygwso/', 'Send me 1 Bitcoin as a prove', '1c5tqbd'], ['u/RedgieTheHedgie', 10, '2024-04-17 13:14', 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/kzyxaww/', '- is there an island or group of islands picked out already? \n\n\n-what would be the expected starting population and how would that be determined? \n\n\n-have agriculture and the economy been considered? \n\n\n-what about climate? \n\n\n-what about access to the mainland?\n\n\n-what might the average individual be expected to do specific to the good of the community?\n\n\n-have power generation and distribution been considered? \n\n\n-what about shelter? I imagine space would be at a premium, so no single family dwellings could be expected. \n\n\n-potable water source? \n\n\n-healthcare? \n\n\n-ecological surveys will need done. \n\n\n-what might the political system look like? Could this be a chance for a more direct democracy? \n\n\n-is there an minimum income to be considered or is it enough to be ready and willing?\n\n\n-how would laws be decided and enforced?\n\n\n-waste management?\n\n\n-tax system? \n\n\nBasically, I want to believe in this crazy idea, but as an actual autist I lack the cognitive dissonance to believe something just because I want to.', '1c5tqbd']]], ['u/Obvireal', 'PREDICTION', 33, '2024-04-17 02:04', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/', 'It seems public sentiment is going to drastically change... Now that more countries are opening up to bitcoin and are starting to accumulate and study it, we may see mass adoption way sooner than we think... One country will fall in line after another, chasing as many bitcoins as they can obtain, fighting to stay on top. \n\nThey all already see the charts. Bitcoin has followed the same pattern every 4 years 4 times. It is a pattern, and foresight will cause many to buy it at a specific time. We are near a singularity that will propel us into a new age. \n\nSupply is already low. 100,000s of Bitcoins can be bought in weeks. There are only so many millions.\n\nWhat happens when people become more educated on bitcoin and paper handed people are fewer and farther between. \n\nNow my prediction is this is going to happen this upcoming cycle that begins in 3 days. Its very bullish I know, but a negative hindsight 2020 is something we all try to avoid.', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/', '1c5vkxg', [['u/LiveDirtyEatClean', 20, '2024-04-17 03:04', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/kzx3xrn/', 'I predict bitcoin in the 400s this cycle', '1c5vkxg'], ['u/nkbc13', 10, '2024-04-17 03:45', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/kzxab80/', "It's the opposite of that. It's only when bitcoin get's adopted as a legitimate store of value that it will then be used as a medium of exchange. And to get to that level of store of value... price must go up big", '1c5vkxg'], ['u/johnn2015', 14, '2024-04-17 05:02', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/kzxlwcy/', 'Wow amazing prediction. I have never heard this insight before. Not once.', '1c5vkxg'], ['u/Webbed_Bubble', 11, '2024-04-17 05:17', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/kzxnya5/', "That be wild . Amazing for sure . But I think that's an unreasonable expectation for this cycle . My most bullish guess is 200 k and that's most bullish imo", '1c5vkxg'], ['u/Inland_Emperor', 15, '2024-04-17 07:54', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/kzy5q22/', 'Well for the record, I like his opinion better than your opinion.', '1c5vkxg']]], ['u/R3dFiveStandingBye', 'Would you get a prenup for your stack?', 88, '2024-04-17 03:05', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/', 'If you were getting married and wanted to never lose full control of your stack would you ask your significant other to sign one? Mainly for bitcoin ', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/', '1c5wvj5', [['u/Subject-Rope-9991', 168, '2024-04-17 03:25', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzx74bb/', 'What stack?', '1c5wvj5'], ['u/secondtrades', 13, '2024-04-17 03:27', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzx7f0g/', 'Establish a Trust', '1c5wvj5'], ['u/lookoutcomrade', 40, '2024-04-17 03:34', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzx8mky/', 'You are better off just keeping it off the record at that point.', '1c5wvj5'], ['u/Mr_WildWolf', 25, '2024-04-17 03:47', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzxamql/', '🤔 so get a prenup and also get a vasectomy', '1c5wvj5'], ['u/Equivalent_Swan634', 12, '2024-04-17 03:51', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzxb9lr/', 'She may have money or come into money and the prenup will keep you out of her stack.', '1c5wvj5'], ['u/EmpiricalRutabaga', 28, '2024-04-17 04:05', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['• Stocks inched higher on Tuesday, despite hawkish comments from Fed Chairman Jerome Powell.\n• Powell noted little progress in combatting inflation, suggesting higher-for-longer interest policy.\n• Treasury bond yields hit another record high for 2024.\nUS stocks were mixed on Tuesday, with equities wavering after the latest comments from Federal Reserve Chairman Jerome Powell cast doubt on the potential for interest rate cuts this year.\nSpeaking during a panel, the central bank chief said that more confidence was needed in the trajectory of US inflation, which has remained stubbornly high in recent readings.\n"More recent data shows solid growth and continued strength in the labor market, but also a lack of further progress so far this year on returning to our 2% inflation goal," he said.\nHis comments sent long-dated Treasury yields spiking to another 2024 record, indicating that investors are growing convinced about a higher-for-longer monetary regime.\nFed fund futures are nowpricing inthe first rate cut for September, instead of the long-touted June timeline.\n"Fed Chair Powell moved more decidedly in a hawkish direction as he essentially underscored that the downward trajectory of inflation has essentially stalled," Quincy Krosby, \xa0Chief Global Strategist for LPL Financial, said. "Moreover, he made it clear - rather than his more ambiguous stance regarding a rate easing timetable - that the \'higher for longer\' narrative remains intact."\nStocks were propped up throughout the day by strong corporate earnings, with a majority of S&P 500 companies having so far beaten estimates. Rallying on Tuesday were Morgan Stanley and UnitedHealth, which grew nearly 3% and 6%.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 5,051.33, down 0.21%\n• Dow Jones Industrial Average: 37,798.77, up 0.17% (+63.66 points)\n• Nasdaq Composite: 15,865.25, 0.12%\nHere\'s what else is happening today:\n• Donald Trump\'s social media firm is plummeting in markets. Here\'s how hisTruth Social users feel about the steep losses.\n• Theshuttering of a massive Panama mineis a key element behind copper\'s surging price.\n• Gold could jump another 25%on rising geopolitical tensions and falling interest rates, Citi says.\n• A bullishstock market signal just hinted at 19% upsideby August 2025, Bank of America says.\n• A perfect Fed \'no landing\' wouldn\'terase a possible 10% correction stock risk, Ed Yardeni says.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil rose a modest 0.01% to $85.42 a barrel.Brent crude, the international benchmark, slipped to $89.92 a barrel.\n• Goldincreased by 0.45% to $2,393 per ounce.\n• The 10-year Treasury yield climbed three basis points to 4.663%.\n• Bitcoindropped by 0.9% to $62,998.\nRead the original article onBusiness Insider', '• BTC is up, trading above $64,000 while ETH prices continue to decline.\n• The CD20 is flat, trading at 2,174.\nEther {{ETH}} was changing hands just above $3,000 during the opening hours of the Asia trading day as the CoinDesk IndicesEthereum Trend Indicator flippednegative, signaling a bearish shift in momentum.\nAt the same time, bitcoin {{BTC}}, is trading slightly above $64,000 after challenging it for most of the Asia trading morning.\n"Unexpected higher U.S. treasury yields, a stronger dollar, and geopolitical risks in the Middle East weighed down on crypto markets," Jun-young Heo, a Derivatives Trader at Singapore-based Presto, said in an interview on Telegram with CoinDesk.\nYeo said that risk-off sentiment was also reflected in the derivatives market, with funding rates in some exchanges turning negative and three-month basis yields "plunging" to 10%.\n"Short-term put options are more expensive than call options for both BTC and ETH," Heo continued.\nLiquidations in the last 12 hours came in almost evenly split between bullish and bearish futures bets, with $31.1 million in long positions getting liquidated and $36.49 million in shorts getting rekt.\n"It seems investors have been unable to break all-time highs but remain unwilling to completely turn bearish either," Justin d\'Anethan, head of business development at Keyrock, a crypto market maker in Hong Kong, said in a note to CoinDesk.\nThe CoinDesk 20, an index measuring the performance of the world\'s largest digital assets, is effectively flat trading at 2,174.\n"It is a difficult environment to navigate with a series of positive crypto-centric catalysts," he continued. On the other hand, the macro side of things seems to be dominating all risk assets, with more hawkish rate expectations in light of surprisingly higher inflation and, of course, the increase in tension in the Middle East."\nd\'Anethan also noted that sideways price action and settling into a range could, in crypto, set the stage for more explosive moves, with leveraged traders taking a view and then suffering from violent liquidation events when the scene clears up, bringing a decisive move in markets.\n"It might need some time or other catalyst rather than known events to turn this sentiment back to bullish," added Heo.', '• BTC is up, trading above $64,000 while ETH prices continue to decline.\n• The CD20 is flat, trading at 2,174.\nEther {{ETH}} was changing hands just above $3,000 during the opening hours of the Asia trading day as the CoinDesk IndicesEthereum Trend Indicator flippednegative, signaling a bearish shift in momentum.\nAt the same time, bitcoin {{BTC}}, is trading slightly above $64,000 after challenging it for most of the Asia trading morning.\n"Unexpected higher U.S. treasury yields, a stronger dollar, and geopolitical risks in the Middle East weighed down on crypto markets," Jun-young Heo, a Derivatives Trader at Singapore-based Presto, said in an interview on Telegram with CoinDesk.\nYeo said that risk-off sentiment was also reflected in the derivatives market, with funding rates in some exchanges turning negative and three-month basis yields "plunging" to 10%.\n"Short-term put options are more expensive than call options for both BTC and ETH," Heo continued.\nLiquidations in the last 12 hours came in almost evenly split between bullish and bearish futures bets, with $31.1 million in long positions getting liquidated and $36.49 million in shorts getting rekt.\n"It seems investors have been unable to break all-time highs but remain unwilling to completely turn bearish either," Justin d\'Anethan, head of business development at Keyrock, a crypto market maker in Hong Kong, said in a note to CoinDesk.\nThe CoinDesk 20, an index measuring the performance of the world\'s largest digital assets, is effectively flat trading at 2,174.\n"It is a difficult environment to navigate with a series of positive crypto-centric catalysts," he continued. On the other hand, the macro side of things seems to be dominating all risk assets, with more hawkish rate expectations in light of surprisingly higher inflation and, of course, the increase in tension in the Middle East."\nd\'Anethan also noted that sideways price action and settling into a range could, in crypto, set the stage for more explosive moves, with leveraged traders taking a view and then suffering from violent liquidation events when the scene clears up, bringing a decisive move in markets.\n"It might need some time or other catalyst rather than known events to turn this sentiment back to bullish," added Heo.', 'According to a research report by brokerage firm Bernstein,Bitcoin (BTC)miners have experienced underperformance this year. However, the CEOs of mining companies remain optimistic as the upcoming halving event approaches. The halving, which occurs every four years, involves a reduction in miner rewards, consequently slowing the rate of Bitcoin supply growth. The next halving is anticipated to take place around April 19-20.\nThe report explained that the underperformance can be attributed to significant movements in Bitcoin and spot exchange-traded funds (ETFs). These factors have drained "retail liquidity" from mining stocks, coupled with concerns about the impact of the halving on miner revenues. However, in interviews with the CEOs of Riot Platforms (RIOT), CleanSpark (CLSK), Marathon Digital (MARA), Cipher Mining (CIFR), and Hut 8 (HUT), these companies emphasized that they are in a relatively strong financial position this cycle, making them better equipped to withstand the effects of the halving.\nThe CEOs also highlighted that miner dollar revenues have reached all-time highs, providing a solid buffer for miners ahead of the halving. Additionally, they noted the relatively low debt levels on their balance sheets. The report also mentioned that some CEOs foresee potential consolidation within the mining industry. The CEO of CleanSpark, for example, expects the industry to consolidate around four leading miners, naming RIOT, MARA, CLSK, and CIFR as the frontrunners. The CEO of MARA emphasized a similar path to industry consolidation and identified CLSK as their main competitor in the race to acquire targets.\nAnother significant change observed this time around is the development of applications and layer 2 solutions on the Bitcoin blockchain. This development has led to an increase in network fees that flow back to miners as additional revenue streams.', 'According to a research report by brokerage firm Bernstein,Bitcoin (BTC)miners have experienced underperformance this year. However, the CEOs of mining companies remain optimistic as the upcoming halving event approaches. The halving, which occurs every four years, involves a reduction in miner rewards, consequently slowing the rate of Bitcoin supply growth. The next halving is anticipated to take place around April 19-20.\nThe report explained that the underperformance can be attributed to significant movements in Bitcoin and spot exchange-traded funds (ETFs). These factors have drained "retail liquidity" from mining stocks, coupled with concerns abou **Last 60 Days of Bitcoin's Closing Prices:** [51663.00, 52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-17 **Financial & Commodity Data:** - Gold Closing Price: $2371.70 - Crude Oil Closing Price: $82.69 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,248,315,687,450 - Hash Rate: 588332602.3206996 - Transaction Count: 385606.0 - Unique Addresses: 661886.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.67 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Sam Bankman-Fried, the founder of collapsed cryptocurrency exchange FTX, has been sentenced to 25 years in prison for masterminding a fraud that cost investors, lenders and customers $11bn (£8.7bn). At a sentencing hearing in New York, Judge Lewis Kaplan said Bankman-Fried had shown “never a word of remorse for the commission of terrible crimes” and “exceptional flexibility with the truth” during the trial. If he serves his full sentence, the one-time “Crypto King” will be 57 years old by the time he leaves prison. Judge Kaplan told the 32-year-old, who stood in court wearing beige prison overalls, that his “punishment must fit the seriousness of the crime”. Bankman-Fried, who had pleaded not guilty, had faced apossible sentence of up to 110 years in prison, while US prosecutors had called for between 40 and 50 years. On Thursday, Judge Kaplan said Bankman-Fried’s crimes contributed to losses to $8bn in customers losses and around $3bn for investors and lenders. He also declared Bankman-Fried had attempted to tamper with a witness in the run up to the trial and had given false evidence to the court. He added of Bankman-Fried’s witness testimony: “I’ve been doing this job for close to 30 years. I’ve never seen a performance like that.” The prison term comes after Bankman-Fried wasfound guilty of syphoning off billions of dollars in customer funds from FTXto fund high risk investments and luxury purchases. The jury took just four hours to find him guilty on all counts in November Speaking ahead of the sentencing, Bankman-Fried said he “made a lot of mistakes” and “caused a lot of damage”. He added: “My useful life is probably over.” His lawyers said he plans to appeal the jury verdict. The rise of FTX, at one point valued at $32bn,made Bankman-Fried a billionaire by the age of 30. The cryptocurrency business, which enjoyed celebrity endorsements from the likes of American football star Tom Brady, was the second biggest cryptocurrency exchange prior to its collapse. FTX filed for bankruptcy in late 2022 after a multibillion-dollar black hole was uncovered in its accounts, and Bankman-Fried was quickly arrested in the Bahamas before being extradited to the US. During the trial, the jury heard how FTX executives engineered a secret software back door to divert customer cash for funding high risk deals at a sister hedge fund. Bankman-Fried was also accused of spending millions of pounds on property in the Bahamas and on political donations. A self-proclaimed “effective altruist”, Bankman-Fried supposedly intended to make as much money as possible to give to good causes. However, at last year’s trial his former friends and colleagues, including his ex-girlfriend Caroline Ellison, gave evidence against him after pleading guilty to US prosecutors. Bankman-Fried, however, insisted on his innocence and protested he had simply made mistakes. On Thursday, he admitted customers had suffered and apologised to former colleagues, adding the failure of the business “haunts me every day”. Bankman-Fried’s lawyers pleaded fora more lenient sentencebecause of their client’s alleged autism, mental health and philanthropic endeavours. Speaking to the court on Thursday, they raised his veganism during a final plea to the judge, and called the former FTX boss an “awkward math nerd” and a “beautiful puzzle”. They had suggested a penalty of less than six years behind bars. In a filing earlier this month, they accused US officials of a “medieval view of punishment… a death in prison sentencing recommendation”. On Thursday, his lawyer, Marc Mukasey, insisted Bankman-Fried was “not a ruthless financial serial killer”. His lawyers had insisted his crimes did not compare to those of financier Bernie Madoff, who was sentenced to 150 years in prison in 2009 for his operation of a decades-long, $65bn Ponzi scheme. They also protested that many FTX customers would be returned much of the money they had deposited with the exchange prior to its collapse. Despite filing for bankruptcy, many of FTX’s investments and assets have since soared in value asthe price of Bitcoin has spiked. It also holds an investment in fast-growing artificial intelligence start-up Anthropic. In sentencing remarks, Judge Kaplan dismissed this argument. He said: “The assertion that customers and creditors will be paid in full is misleading.” He added: “A thief who takes his loot to Las Vegas and successfully bets the stolen money is not entitled to a discount on the sentence by using his Las Vegas winnings to pay back what he stole.” Many customers have had their savings locked up for over a year, disrupting their lives and putting them in financial peril. While the value of Bitcoin has climbed in recent months to more than $70,000, the bankruptcy estate only expects to pay out customers at the price of their digital coins as of November 2022, with FTX creditors arguing they effectively be short changed. Among hundreds of victim statements, one testified: “My whole life has been destroyed. I have two young children, one born right before the collapse. I still remember the weeks following where I would stare blankly into their eyes, completely empty inside knowing their futures have been stolen through no fault of our own.” Thanks for joining us and do tune in again next week after the Easter bank holiday weekend. Boots has said weight-loss is the most popular and fastest growing service on its ‘Online Doctor’ website, as people race to try to get their hands on obesity drugs. The company, which runs virtual consultations via its ‘Online Doctor’ website to prescribe people treatments including contraceptive pills, said weight-loss was its most in-demand service. Drugs such as Novo Nordisk’s Wegovy and Eli Lilly’s Mounjaro are available via the website, although they are prescription only with people going through clinical assessments to see if they need treatments. Boots says it also offers 10-week weight loss programmes and WeightWatchers offers to those with excess weight. Obesity jabs have, however, been in huge demand over the past year after studies suggest people can lose a fifth of their weight. Boots said sales were up in its retail stores by 5.9pc in the three months to the end of February. London stocks ended the March quarter on a buoyant note, boosted by a positive update from sportswear retailer JD Sports. The FTSE 100 was up by around 0.3pc, while the FTSE 250 gained 0.4pc, coming as data confirmed that Britain’s economy entered shallow recession in 2023. JD Sports on Thursday hit an almost-three month high, with shares jumping by 16pc on signs the sportswear market was not worsening. The company said profits would be in line with its guidance from January, when it was forced to slash forecasts following weaker Christmas sales. Peel Hunt analysts said they expected that “things will get better as the comp eases, shoppers find their feet, and crucially, a more compelling product pipeline emerges”. Meanwhile Adnams has hired the first female chief executive in its history, promoting Jenny Hanlon from the CFO post. The Suffolk beer and spirit company, which was founded in 1872, said Ms Hanlon would be taking over from Andy Wood at its annual general meeting in June. Ms Hanlon said: “This is a hugely exciting time to be taking the reins from Andy.“The Adnams brand is cherished and championed by colleagues and customers, in its heartland of the East of England, across the wider UK and throughout dozens of countries around the world.” It comes weeks after the brewer said it had hired advisors to explore funding options for its future growth plans, pointing to challenges across the hospitality and brewing industries. Superdry is looking at options to exit the London market, after it said its founder would not make a takeover offer but could seek to delist the company. The retailer said Julian Dunkerton, who is also its chief executive, was no longer in talks over a take-private deal, citing the “ongoing work on its turnaround plan and material cost saving options” which meant they had concluded this was not the right move. However, Superdry said Mr Dunkerton remained in talks over a possible seperate transaction, by which it would look to raise fresh cash from shareholders, including potentially its founder. This possible fund-raise would be fully underwritten by Mr Dunkerton which would provide extra cash for its turnaround plans. It would be at a “very material discount” to its current share price and be conditional on the company delisting. Chinese property giant Country Garden has delayed the release of its results as the country’s housing crisis escalates. Country Garden said it would not be able to publish its results on time, meaning its shares are expected to be suspended from next Tuesday. It blamed the “continuous volatility of the industry” for the delay, saying: “The operating environment the group is confronting is becoming increasingly complex.” Country Garden said it needed more time to collect information to make the appropriate account estimates and judgments in its results. It follows turmoil in the Chinese housing market, which has been rocked by a spate of bankruptcies following a regulatory crackdown in the country on how much developers could borrow. The price of Bitcoin is up around 2pc and trading at north of $70,000, close to record highs achieved earlier this month. The recovery in the price of digital currencies was a key talking point during the trial as Bankman-Fried’s lawyers argued his victims could likely get much of their money back. Having been sentenced, the FTX founder has also been ordered to forfeit $11bn he stole as part of the crime. Bankman-Fried stood with his hands together before him as the sentence was read out. The convicted fraud’s lawyers had sought to insist his crime was not akin to that of Bernie Madoff, the financier whose Ponzi scheme cost investors billions. Madoff was sentenced to 150 years in prison. Sam Bankman... - Reddit Posts (Sample): [['u/MasterOfReallity', 'Selling all XRP for BTC', 40, '2024-04-17 00:12', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/', 'I feel really stupid, cause I could have bought BTC last year and literally doubled my money but instead I bought into youtube clickbait and thought it would go to 1k.\r \n\r \nBut now I don\'t see how anything could happen with it. It was supposed to go up after the SEC case and instead went down. It can\'t even go back to it\'s peak at 3 dollars yet alone 10 dollars like some claim. Before the case it was the same. Seems like the more "banks" utilize it the lower the price is.\r \n\r \nAt what time does the halving end, should I buy right away or wait for a dip? The money I get back I will put into BTC hopefully as soon as I sell.', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/', '1c5szhk', [['u/Chr-whenever', 60, '2024-04-17 00:20', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/kzwed9j/', 'XRP is and always has been manipulated scam garbage', '1c5szhk'], ['u/Initial-Desk-360', 26, '2024-04-17 00:33', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/kzwge7j/', 'DYOR but the XRP/BTC chart is like nearly at an all time low, so like you are getting the least amount of BTC right now for your XRP you ever would have in the history of Crypto.\n\nPersonally I would rather die than sell something when its at an all time low but do what you gotta do.', '1c5szhk'], ['u/putgambler', 21, '2024-04-17 00:39', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/kzwhc1n/', 'This just proves that xrp has 0 demand', '1c5szhk'], ['u/Jenn2895', 10, '2024-04-17 00:46', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/kzwidqw/', "You thought xrp could go to $1k? \n\nTake a little bit of time to learn about marketcaps. There's still people thinking Shiba Inu can go as high as bitcoin... b/c they don't understand the basics like market caps.", '1c5szhk'], ['u/TheNotSoRealMVP', 15, '2024-04-17 06:13', 'https://www.reddit.com/r/CryptoMarkets/comments/1c5szhk/selling_all_xrp_for_btc/kzxuxf7/', "XRP is a trader's best friend, but an investor's worst nightmare.", '1c5szhk']]], ['u/CryptoDawn', "I'm one of the original founders of Reddit Island from 10+ years ago, I finally have the money to make Reddit Island a possibility. I now have $100m+ and we will turn Reddit Island into the society of the future it deserves to be.", 58, '2024-04-17 00:43', 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/', "I've been working on Reddit Island and free societies for 10+ years and I'm one of the original founders and moderators of Reddit Island from the original subreddit. I started posting here about 2 years ago when I saw this new subreddit become a thing and I was happy to see that some people still believed in the dream of Reddit Island. And now I'm back because I have what we need to make Reddit Island happen.\n\nI'm happy to say I now have the funds required to make Reddit Island a reality. I've recently been able to get $100 million+ and some of that can be used to make Reddit Island a reality in additon to extra funds that will become available. \n\nI will post proof of the funds in Bitcoin soon possibly next week and it will be 100% verifiable. Reddit Island is finally becoming a thing.\n\nI want to hear everyone's thoughts and give me some ideas on things you think we should do with Reddit Island.", 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/', '1c5tqbd', [['u/tortupouce', 41, '2024-04-17 00:54', 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/kzwjosq/', "If this even has 1% of being true, I'll use the first comment to say this: make it the law to have a mandatory poop knife in every househot", '1c5tqbd'], ['u/buildbox0606', 26, '2024-04-17 04:19', 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/kzxfp77/', 'generally my first question will be how will you determine who gets access to live on the island? i assume it will be through some kind of application process', '1c5tqbd'], ['u/CallMeRenny84', 15, '2024-04-17 09:45', 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/kzyfag3/', 'Just drop the paypal already', '1c5tqbd'], ['u/urioRD', 10, '2024-04-17 10:06', 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/kzygwso/', 'Send me 1 Bitcoin as a prove', '1c5tqbd'], ['u/RedgieTheHedgie', 10, '2024-04-17 13:14', 'https://www.reddit.com/r/Reddit_Island/comments/1c5tqbd/im_one_of_the_original_founders_of_reddit_island/kzyxaww/', '- is there an island or group of islands picked out already? \n\n\n-what would be the expected starting population and how would that be determined? \n\n\n-have agriculture and the economy been considered? \n\n\n-what about climate? \n\n\n-what about access to the mainland?\n\n\n-what might the average individual be expected to do specific to the good of the community?\n\n\n-have power generation and distribution been considered? \n\n\n-what about shelter? I imagine space would be at a premium, so no single family dwellings could be expected. \n\n\n-potable water source? \n\n\n-healthcare? \n\n\n-ecological surveys will need done. \n\n\n-what might the political system look like? Could this be a chance for a more direct democracy? \n\n\n-is there an minimum income to be considered or is it enough to be ready and willing?\n\n\n-how would laws be decided and enforced?\n\n\n-waste management?\n\n\n-tax system? \n\n\nBasically, I want to believe in this crazy idea, but as an actual autist I lack the cognitive dissonance to believe something just because I want to.', '1c5tqbd']]], ['u/Obvireal', 'PREDICTION', 33, '2024-04-17 02:04', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/', 'It seems public sentiment is going to drastically change... Now that more countries are opening up to bitcoin and are starting to accumulate and study it, we may see mass adoption way sooner than we think... One country will fall in line after another, chasing as many bitcoins as they can obtain, fighting to stay on top. \n\nThey all already see the charts. Bitcoin has followed the same pattern every 4 years 4 times. It is a pattern, and foresight will cause many to buy it at a specific time. We are near a singularity that will propel us into a new age. \n\nSupply is already low. 100,000s of Bitcoins can be bought in weeks. There are only so many millions.\n\nWhat happens when people become more educated on bitcoin and paper handed people are fewer and farther between. \n\nNow my prediction is this is going to happen this upcoming cycle that begins in 3 days. Its very bullish I know, but a negative hindsight 2020 is something we all try to avoid.', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/', '1c5vkxg', [['u/LiveDirtyEatClean', 20, '2024-04-17 03:04', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/kzx3xrn/', 'I predict bitcoin in the 400s this cycle', '1c5vkxg'], ['u/nkbc13', 10, '2024-04-17 03:45', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/kzxab80/', "It's the opposite of that. It's only when bitcoin get's adopted as a legitimate store of value that it will then be used as a medium of exchange. And to get to that level of store of value... price must go up big", '1c5vkxg'], ['u/johnn2015', 14, '2024-04-17 05:02', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/kzxlwcy/', 'Wow amazing prediction. I have never heard this insight before. Not once.', '1c5vkxg'], ['u/Webbed_Bubble', 11, '2024-04-17 05:17', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/kzxnya5/', "That be wild . Amazing for sure . But I think that's an unreasonable expectation for this cycle . My most bullish guess is 200 k and that's most bullish imo", '1c5vkxg'], ['u/Inland_Emperor', 15, '2024-04-17 07:54', 'https://www.reddit.com/r/Bitcoin/comments/1c5vkxg/prediction/kzy5q22/', 'Well for the record, I like his opinion better than your opinion.', '1c5vkxg']]], ['u/R3dFiveStandingBye', 'Would you get a prenup for your stack?', 88, '2024-04-17 03:05', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/', 'If you were getting married and wanted to never lose full control of your stack would you ask your significant other to sign one? Mainly for bitcoin ', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/', '1c5wvj5', [['u/Subject-Rope-9991', 168, '2024-04-17 03:25', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzx74bb/', 'What stack?', '1c5wvj5'], ['u/secondtrades', 13, '2024-04-17 03:27', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzx7f0g/', 'Establish a Trust', '1c5wvj5'], ['u/lookoutcomrade', 40, '2024-04-17 03:34', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzx8mky/', 'You are better off just keeping it off the record at that point.', '1c5wvj5'], ['u/Mr_WildWolf', 25, '2024-04-17 03:47', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzxamql/', '🤔 so get a prenup and also get a vasectomy', '1c5wvj5'], ['u/Equivalent_Swan634', 12, '2024-04-17 03:51', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup_for_your_stack/kzxb9lr/', 'She may have money or come into money and the prenup will keep you out of her stack.', '1c5wvj5'], ['u/EmpiricalRutabaga', 28, '2024-04-17 04:05', 'https://www.reddit.com/r/Bitcoin/comments/1c5wvj5/would_you_get_a_prenup... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Bitcoin's recent drop to $61,000 has flushed out leveraged positions in the market, leading to a significant decline in the total value of futures contracts traded on major exchanges.Accordingto Coinglass, the value of futures contracts has plummeted from $35.17 billion earlier last week to as low as $28.7 billion on April 18.\nAnalysts\xa0 attribute this downturn to a deleveraging event caused by various factors, including escalating geopolitical tensions in the Middle East and stronger-than-expected economic data in the United States. The Bitcoin futures market had reached extreme levels last week, with funding rates, the cost of holding leveraged positions, for longs rising to 25% on an annualized basis. However, following the market turbulence, funding rates have fallen to 8%.\nDuring this period, significant Bitcoin liquidations have also occurred, with almost $1.8 billion in leveraged positions being liquidated over April 12 and 13. On April 17 alone, almost $219 million in liquidations took place. The majority of these liquidations took place on OKX, amounting to $31 million, followed by Binance with $27 million.\nWith the Bitcoin halving upcoming, the recent market volatility may have already relieved some of the high leverage in the market, which could have made the halving a volatile event. Despite the strong fundamentals of Bitcoin, the absence of marginal buyers and the heavy skew of long leverage positioning can exacerbate market downturns, especially when triggered by a macro event.", "Bitcoin's recent drop to $61,000 has flushed out leveraged positions in the market, leading to a significant decline in the total value of futures contracts traded on major exchanges.Accordingto Coinglass, the value of futures contracts has plummeted from $35.17 billion earlier last week to as low as $28.7 billion on April 18.\nAnalysts\xa0 attribute this downturn to a deleveraging event caused by various factors, including escalating geopolitical tensions in the Middle East and stronger-than-expected economic data in the United States. The Bitcoin futures market had reached extreme levels last week, with funding rates, the cost of holding leveraged positions, for longs rising to 25% on an annualized basis. However, following the market turbulence, funding rates have fallen to 8%.\nDuring this period, significant Bitcoin liquidations have also occurred, with almost $1.8 billion in leveraged positions being liquidated over April 12 and 13. On April 17 alone, almost $219 million in liquidations took place. The majority of these liquidations took place on OKX, amounting to $31 million, followed by Binance with $27 million.\nWith the Bitcoin halving upcoming, the recent market volatility may have already relieved some of the high leverage in the market, which could have made the halving a volatile event. Despite the strong fundamentals of Bitcoin, the absence of marginal buyers and the heavy skew of long leverage positioning can exacerbate market downturns, especially when triggered by a macro event.", 'Kraken, the second-largest crypto exchange in the US, hasunveiledits own crypto wallet. The self-custodial "Kraken Wallet" will be released on Wednesday, making it accessible to both Kraken users and non-users. The newly developed wallet will initially support eight prominent blockchains, including Bitcoin, Ethereum, Solana, and Dogecoin, among others.\nNotably, Kraken Wallet will be the first wallet from a major exchange to be open-sourced, allowing developers to access and contribute to the code. The exchange emphasized their commitment to support open-source contributors, stating that “it’s at the heart of what crypto is all about: transparency, decentralization and community.” As an additional incentive, Kraken will reward developers who identify vulnerabilities through their open-source grant program, ensuring continuous improvement and bug fixes.\nPrivacy-conscious crypto users will appreciate Kraken\'s commitment to data minimization. The wallet will only collect the essential information required for wallet functionality, and user activity will be routed through Kraken\'s infrastructure, safeguarding IP addresses and preventing the exposure of identity and location information. Furthermore, the exchange has engaged Trail of Bits to do a full-scale security audit on the wallet code.\nKraken has been expanding its product suite in recent months. In November, the exchange reportedly explored the development of its own layer 2 blockchain, following Coinbase\'s launch of its rollup chain called Base in August.', '• Social media metrics suggest crypto followers are beginning to adopt a bearish attitude on bitcoin\'s price trajectory.\n• Historically, bearish crowd sentiment has been observed at market bottoms.\n"The masses are always wrong. Wisdom is doing everything the crowd does not do," American poet and novelistCharles Bukowski said.\nThat holds true for crypto too, and the crypto crowd is beginning to lean bearish on bitcoin {{BTC}} – a sign the current BTC price sell-off may soon run out of steam.\n"Historically, prices move in the opposite direction of mass traders\' expectations," blockchain analytics platform Santiment said in amarket insightspost, adding the market could bottom out right before the halving – expected in the next two days – or shortly after.\nData tracked by Santiment shows that the number of "bull market" or "bull cycle" mentions on crypto social media has been declining since late March. At the same time, the number of "bear market" or "bear cycle" mentions steadily increased.\nSantiment\'s Social Trends indicator tracks chatter across Telegram, Reddit, X and 4Chan to identify keywords or topics that have sparked interest.\n"According to the crypto crowd, the #bullmarket has essentially come to an end after #Bitcoin\'s -16% market value drop since the #AllTimeHigh of $73,600 hit back on March 14th. At the same time, #bearmarket mentions are increasing," Santiment said.\nThe number of mentions for other keywords like "buy the dip" also indicates that "hopium ” – crypto slang for hopes of a quick recovery and a continued bull run – among retail investors has faded.Historically, a decline in the "buy the dip" mentions has marked the end of downtrends.\nThe dwindling probability of Federal Reserve interest-rate cuts, heightened geopolitical tensions and timing for U.S. tax payments have weighed on bitcoin this month, leading to a 14% price slide.\nThe leading cryptocurrency by market value hit lows under $60,000 yesterday before recovering to trade near $61,200 at press time. TheCoinDesk 20 Index, which measures the performance of the top 20 digital assets by market capitalization, has declined by 24% this month.\nBitcoin\'s blockchain will implement its fourthmining reward halvingon Friday or early Saturday, cutting the per-block BTC emission by 50% to 3.125 BTC. Several analysts,including JPMorgan, have warned of a deeper price slide following the quadrennial event, although the consensus is bullish over the long term.', '• Social media metrics suggest crypto followers are beginning to adopt a bearish attitude on bitcoin\'s price trajectory.\n• Historically, bearish crowd sentiment has been observed at market bottoms.\n"The masses are always wrong. Wisdom is doing everything the crowd does not do," American poet and novelistCharles Bukowski said.\nThat holds true for crypto too, and the crypto crowd is beginning to lean bearish on bitcoin {{BTC}} – a sign the current BTC price sell-off may soon run out of steam.\n"Historically, prices move in the opposite direction of mass traders\' expectations," blockchain analytics platform Santiment said in amarket insightspost, adding the market could bottom out right before the halving – expected in the next two days – or shortly after.\nData tracked by Santiment shows that the number of "bull market" or "bull cycle" mentions on crypto social media has been declining since late March. At the same time, the number of "bear market" or "bear cycle" mentions steadily increased.\nSantiment\'s Social Trends indicator tracks chatter across Telegram, Reddit, X and 4Chan to identify keywords or topics that have sparked interest.\n"According to the crypto crowd, the #bullmarket has essentially come to an end after #Bitcoin\'s -16% market value drop since the #AllTimeHigh of $73,600 hit back on March 14th. At the same time, #bearmarket mentions are increasing," Santiment said.\nThe number of mentions for other keywords like "buy the dip" also indicates that "hopium ” – crypto slang for hopes of a quick recovery and a continued bull run – among retail investors has faded.Historically, a decline in the "buy the dip" mentions has marked the end of downtrends.\nThe dwindling probability of Federal Reserve interest-rate cuts, heightened geopolitical tensions and timing for U.S. tax payments have weighed on bitcoin this month, leading to a 14% price slide.\nThe leading cryptocurrency by market value hit lows under $60,000 yesterday before recovering to trade near $61,200 at press time. TheCoinDesk 20 Index, which measures the performance of the top 20 digital assets by market capitalization, has declined by 24% this month.\nBitcoin\'s blockchain will implement its fourthmining reward halvingon Friday or early Saturday, cutting the per-block BTC emission by 50% to 3.125 BTC. Several analysts,including JPMorgan, have warned of a deeper price slide following the quadrennial event, although the consensus is bullish over the long term.', '• JPMorgan said it expects bitcoin to fall after the reward halving.\n• The bank’s analysis shows that the cryptocurrency remains overbought.\n• Miners will be most affected by the event, the report said.\nThe bitcoin {{BTC}} price is likely to weaken after thereward halving, a quadrennial event that slows the rate of growth in bitcoin supply and looks set to occur aroundApril 19-20, Wall Street giant JPMorgan (JPM) said in a research r **Last 60 Days of Bitcoin's Closing Prices:** [52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-18 **Financial & Commodity Data:** - Gold Closing Price: $2382.30 - Crude Oil Closing Price: $82.73 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,209,307,140,625 - Hash Rate: 622687790.7773827 - Transaction Count: 418095.0 - Unique Addresses: 670913.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.57 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: SINGAPORE, March 4 (Reuters) - Bitcoin scaled a two-year high on Monday, breaking $64,000 as a wave of money carried it within striking distance of record levels. It touched $64,285 early in the Asian day, its highest since late 2021, and was last 2% firmer for the session at $63,850. Bitcoin's record high is $68,999.99 set in November 2021. The largest cryptocurrency by market value has gained 50% this year and most of the rise come in the last few weeks where trading volume has surged for U.S.-listed bitcoin funds. Spot bitcoin exchange-traded funds were approved in the United States earlier this year. Their launch opened the way for new large investors and has re-ignited enthusiasm and momentum reminiscent of the run up to record levels in 2021. "The flows are not drying up as investors feel more confident the higher price appears to go," said Markus Thielen, head of research at crypto analytics house 10x Research in Singapore. Smaller rival ether has hitched a ride on speculation that it too may soon have exchange-traded funds driving inflows. It's up 50% year-to-date though at $3,490 on Monday stayed just shy of two-year highs made last week. The rally has come in tandem with records tumbling on stock indexes from Japan's Nikkei to the S&P 500 and tech-heavy Nasdaq and with volatility gauges in equities and foreign exchange turning lower. "In a world where Nasdaq is making new all-time highs, crypto is going to perform well as bitcoin remains a high-volatility tech proxy and liquidity thermometer," said Brent Donnelly, trader and president at analysis firm Spectra Markets. "We are back to a 2021-style market where everything goes up and everyone is having fun." (Reporting by Tom Westbrook. Editing by Shri Navaratnam)... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23
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's recent drop to $61,000 has flushed out leveraged positions in the market, leading to a significant decline in the total value of futures contracts traded on major exchanges.Accordingto Coinglass, the value of futures contracts has plummeted from $35.17 billion earlier last week to as low as $28.7 billion on April 18.\nAnalysts\xa0 attribute this downturn to a deleveraging event caused by various factors, including escalating geopolitical tensions in the Middle East and stronger-than-expected economic data in the United States. The Bitcoin futures market had reached extreme levels last week, with funding rates, the cost of holding leveraged positions, for longs rising to 25% on an annualized basis. However, following the market turbulence, funding rates have fallen to 8%.\nDuring this period, significant Bitcoin liquidations have also occurred, with almost $1.8 billion in leveraged positions being liquidated over April 12 and 13. On April 17 alone, almost $219 million in liquidations took place. The majority of these liquidations took place on OKX, amounting to $31 million, followed by Binance with $27 million.\nWith the Bitcoin halving upcoming, the recent market volatility may have already relieved some of the high leverage in the market, which could have made the halving a volatile event. Despite the strong fundamentals of Bitcoin, the absence of marginal buyers and the heavy skew of long leverage positioning can exacerbate market downturns, especially when triggered by a macro event.", "Bitcoin's recent drop to $61,000 has flushed out leveraged positions in the market, leading to a significant decline in the total value of futures contracts traded on major exchanges.Accordingto Coinglass, the value of futures contracts has plummeted from $35.17 billion earlier last week to as low as $28.7 billion on April 18.\nAnalysts\xa0 attribute this downturn to a deleveraging event caused by various factors, including escalating geopolitical tensions in the Middle East and stronger-than-expected economic data in the United States. The Bitcoin futures market had reached extreme levels last week, with funding rates, the cost of holding leveraged positions, for longs rising to 25% on an annualized basis. However, following the market turbulence, funding rates have fallen to 8%.\nDuring this period, significant Bitcoin liquidations have also occurred, with almost $1.8 billion in leveraged positions being liquidated over April 12 and 13. On April 17 alone, almost $219 million in liquidations took place. The majority of these liquidations took place on OKX, amounting to $31 million, followed by Binance with $27 million.\nWith the Bitcoin halving upcoming, the recent market volatility may have already relieved some of the high leverage in the market, which could have made the halving a volatile event. Despite the strong fundamentals of Bitcoin, the absence of marginal buyers and the heavy skew of long leverage positioning can exacerbate market downturns, especially when triggered by a macro event.", 'Kraken, the second-largest crypto exchange in the US, hasunveiledits own crypto wallet. The self-custodial "Kraken Wallet" will be released on Wednesday, making it accessible to both Kraken users and non-users. The newly developed wallet will initially support eight prominent blockchains, including Bitcoin, Ethereum, Solana, and Dogecoin, among others.\nNotably, Kraken Wallet will be the first wallet from a major exchange to be open-sourced, allowing developers to access and contribute to the code. The exchange emphasized their commitment to support open-source contributors, stating that “it’s at the heart of what crypto is all about: transparency, decentralization and community.” As an additional incentive, Kraken will reward developers who identify vulnerabilities through their open-source grant program, ensuring continuous improvement and bug fixes.\nPrivacy-conscious crypto users will appreciate Kraken\'s commitment to data minimization. The wallet will only collect the essential information required for wallet functionality, and user activity will be routed through Kraken\'s infrastructure, safeguarding IP addresses and preventing the exposure of identity and location information. Furthermore, the exchange has engaged Trail of Bits to do a full-scale security audit on the wallet code.\nKraken has been expanding its product suite in recent months. In November, the exchange reportedly explored the development of its own layer 2 blockchain, following Coinbase\'s launch of its rollup chain called Base in August.', '• Social media metrics suggest crypto followers are beginning to adopt a bearish attitude on bitcoin\'s price trajectory.\n• Historically, bearish crowd sentiment has been observed at market bottoms.\n"The masses are always wrong. Wisdom is doing everything the crowd does not do," American poet and novelistCharles Bukowski said.\nThat holds true for crypto too, and the crypto crowd is beginning to lean bearish on bitcoin {{BTC}} – a sign the current BTC price sell-off may soon run out of steam.\n"Historically, prices move in the opposite direction of mass traders\' expectations," blockchain analytics platform Santiment said in amarket insightspost, adding the market could bottom out right before the halving – expected in the next two days – or shortly after.\nData tracked by Santiment shows that the number of "bull market" or "bull cycle" mentions on crypto social media has been declining since late March. At the same time, the number of "bear market" or "bear cycle" mentions steadily increased.\nSantiment\'s Social Trends indicator tracks chatter across Telegram, Reddit, X and 4Chan to identify keywords or topics that have sparked interest.\n"According to the crypto crowd, the #bullmarket has essentially come to an end after #Bitcoin\'s -16% market value drop since the #AllTimeHigh of $73,600 hit back on March 14th. At the same time, #bearmarket mentions are increasing," Santiment said.\nThe number of mentions for other keywords like "buy the dip" also indicates that "hopium ” – crypto slang for hopes of a quick recovery and a continued bull run – among retail investors has faded.Historically, a decline in the "buy the dip" mentions has marked the end of downtrends.\nThe dwindling probability of Federal Reserve interest-rate cuts, heightened geopolitical tensions and timing for U.S. tax payments have weighed on bitcoin this month, leading to a 14% price slide.\nThe leading cryptocurrency by market value hit lows under $60,000 yesterday before recovering to trade near $61,200 at press time. TheCoinDesk 20 Index, which measures the performance of the top 20 digital assets by market capitalization, has declined by 24% this month.\nBitcoin\'s blockchain will implement its fourthmining reward halvingon Friday or early Saturday, cutting the per-block BTC emission by 50% to 3.125 BTC. Several analysts,including JPMorgan, have warned of a deeper price slide following the quadrennial event, although the consensus is bullish over the long term.', '• Social media metrics suggest crypto followers are beginning to adopt a bearish attitude on bitcoin\'s price trajectory.\n• Historically, bearish crowd sentiment has been observed at market bottoms.\n"The masses are always wrong. Wisdom is doing everything the crowd does not do," American poet and novelistCharles Bukowski said.\nThat holds true for crypto too, and the crypto crowd is beginning to lean bearish on bitcoin {{BTC}} – a sign the current BTC price sell-off may soon run out of steam.\n"Historically, prices move in the opposite direction of mass traders\' expectations," blockchain analytics platform Santiment said in amarket insightspost, adding the market could bottom out right before the halving – expected in the next two days – or shortly after.\nData tracked by Santiment shows that the number of "bull market" or "bull cycle" mentions on crypto social media has been declining since late March. At the same time, the number of "bear market" or "bear cycle" mentions steadily increased.\nSantiment\'s Social Trends indicator tracks chatter across Telegram, Reddit, X and 4Chan to identify keywords or topics that have sparked interest.\n"According to the crypto crowd, the #bullmarket has essentially come to an end after #Bitcoin\'s -16% market value drop since the #AllTimeHigh of $73,600 hit back on March 14th. At the same time, #bearmarket mentions are increasing," Santiment said.\nThe number of mentions for other keywords like "buy the dip" also indicates that "hopium ” – crypto slang for hopes of a quick recovery and a continued bull run – among retail investors has faded.Historically, a decline in the "buy the dip" mentions has marked the end of downtrends.\nThe dwindling probability of Federal Reserve interest-rate cuts, heightened geopolitical tensions and timing for U.S. tax payments have weighed on bitcoin this month, leading to a 14% price slide.\nThe leading cryptocurrency by market value hit lows under $60,000 yesterday before recovering to trade near $61,200 at press time. TheCoinDesk 20 Index, which measures the performance of the top 20 digital assets by market capitalization, has declined by 24% this month.\nBitcoin\'s blockchain will implement its fourthmining reward halvingon Friday or early Saturday, cutting the per-block BTC emission by 50% to 3.125 BTC. Several analysts,including JPMorgan, have warned of a deeper price slide following the quadrennial event, although the consensus is bullish over the long term.', '• JPMorgan said it expects bitcoin to fall after the reward halving.\n• The bank’s analysis shows that the cryptocurrency remains overbought.\n• Miners will be most affected by the event, the report said.\nThe bitcoin {{BTC}} price is likely to weaken after thereward halving, a quadrennial event that slows the rate of growth in bitcoin supply and looks set to occur aroundApril 19-20, Wall Street giant JPMorgan (JPM) said in a research r **Last 60 Days of Bitcoin's Closing Prices:** [52122.55, 51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-18 **Financial & Commodity Data:** - Gold Closing Price: $2382.30 - Crude Oil Closing Price: $82.73 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,209,307,140,625 - Hash Rate: 622687790.7773827 - Transaction Count: 418095.0 - Unique Addresses: 670913.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.57 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: SINGAPORE, March 4 (Reuters) - Bitcoin scaled a two-year high on Monday, breaking $64,000 as a wave of money carried it within striking distance of record levels. It touched $64,285 early in the Asian day, its highest since late 2021, and was last 2% firmer for the session at $63,850. Bitcoin's record high is $68,999.99 set in November 2021. The largest cryptocurrency by market value has gained 50% this year and most of the rise come in the last few weeks where trading volume has surged for U.S.-listed bitcoin funds. Spot bitcoin exchange-traded funds were approved in the United States earlier this year. Their launch opened the way for new large investors and has re-ignited enthusiasm and momentum reminiscent of the run up to record levels in 2021. "The flows are not drying up as investors feel more confident the higher price appears to go," said Markus Thielen, head of research at crypto analytics house 10x Research in Singapore. Smaller rival ether has hitched a ride on speculation that it too may soon have exchange-traded funds driving inflows. It's up 50% year-to-date though at $3,490 on Monday stayed just shy of two-year highs made last week. The rally has come in tandem with records tumbling on stock indexes from Japan's Nikkei to the S&P 500 and tech-heavy Nasdaq and with volatility gauges in equities and foreign exchange turning lower. "In a world where Nasdaq is making new all-time highs, crypto is going to perform well as bitcoin remains a high-volatility tech proxy and liquidity thermometer," said Brent Donnelly, trader and president at analysis firm Spectra Markets. "We are back to a 2021-style market where everything goes up and everyone is having fun." (Reporting by Tom Westbrook. Editing by Shri Navaratnam)... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['During a recentinterviewwith Bloomberg, Jamie Dimon, the CEO of JP Morgan, reiterated his long-held belief thatBitcoinis a “public decentralized Ponzi scheme." Dimon expressed his skepticism about Bitcoin\'s potential as a currency, stating that he has always maintained his view that it lacks prospects in that regard.\nIn addition, Dimon called Bitcoin a fraud, saying, “if you mean crypto like Bitcoin, I’ve always said it’s a fraud.” However, he did acknowledge the value of blockchain technology and smart contracts, recognizing their potential applications. Dimon clarified that if a cryptocurrency can offer something useful like smart contracts, which hold inherent value, then blockchain technology has a purpose. He said: “to the extent crypto is accessing certain blockchain things, that might have some value.”\nWhile Dimon sees potential in blockchain and smart contracts, he has consistently criticized Bitcoin, associating it with illicit activities such as anti-money laundering, and terrorism financing. He has previously stated that if these negative use cases cannot be resolved, regulators should intervene and shut down Bitcoin. However, this would be a challenging task considering the widespread network of over 20,000 Bitcoin nodes currently operating.\nDespite Dimon\'s critical stance on Bitcoin, JP Morgan has become an "authorized participant" in several spot Bitcoin exchange-traded funds (ETFs) offered by BlackRock, Invesco/Galaxy Digital, and Fidelity. In a report released in December, a JP Morgan analyst expressed doubts about the long-term impact of Bitcoin ETFs on the market and predicted thatEthereumwould outperform Bitcoin in 2024.', 'During a recentinterviewwith Bloomberg, Jamie Dimon, the CEO of JP Morgan, reiterated his long-held belief thatBitcoinis a “public decentralized Ponzi scheme." Dimon expressed his skepticism about Bitcoin\'s potential as a currency, stating that he has always maintained his view that it lacks prospects in that regard.\nIn addition, Dimon called Bitcoin a fraud, saying, “if you mean crypto like Bitcoin, I’ve always said it’s a fraud.” However, he did acknowledge the value of blockchain technology and smart contracts, recognizing their potential applications. Dimon clarified that if a cryptocurrency can offer something useful like smart contracts, which hold inherent value, then blockchain technology has a purpose. He said: “to the extent crypto is accessing certain blockchain things, that might have some value.”\nWhile Dimon sees potential in blockchain and smart contracts, he has consistently criticized Bitcoin, associating it with illicit activities such as anti-money laundering, and terrorism financing. He has previously stated that if these negative use cases cannot be resolved, regulators should intervene and shut down Bitcoin. However, this would be a challenging task considering the widespread network of over 20,000 Bitcoin nodes currently operating.\nDespite Dimon\'s critical stance on Bitcoin, JP Morgan has become an "authorized participant" in several spot Bitcoin exchange-traded funds (ETFs) offered by BlackRock, Invesco/Galaxy Digital, and Fidelity. In a report released in December, a JP Morgan analyst expressed doubts about the long-term impact of Bitcoin ETFs on the market and predicted thatEthereumwould outperform Bitcoin in 2024.', '• The next threshold for bitcoin is $55,000 if the market turmoil continues, according to an analyst.\n• Tokenized gold PAXG is up 3%.\nBitcoin {{BTC}} came back over $62,000 as the market recovered after reports of limited damage from an Israeli strike on Iranian military targets.\nABC News first reported that Israel hadlaunched a retaliatory strike against Iranon Friday morning.CNN quoted local mediaas saying that various military bases and airfields in the country have been hit by missiles.Al Jazeerareported that Iranian authorities are downplaying the nature of the attack, claiming it was a limited drone strike.\nEther {{ETH}} also recovered slightly,according to CoinDesk Indices data, but was still trading below $3000. PAXG, a tokenized version of gold run by Paxos, is up nearly 3%,according to market data.\nMarch Zheng, a managing partner at Bizantine Capital, said that the next threshold for bitcoin is $55,000, should market turmoil continue.\n“If there is a panic sell for bitcoin due to war-related news, it would still be a good buying opportunity,” added Jun-Young Heo, a derivatives trader at Presto, in a Telegram message.\nMajor stock indices in Asia are also down, with Hong Kong\'s Hang Seng index down 3.5%, Japan\'s Nikkei 225 down 6.5%, and Taiwan\'s TAIEX down 5%. U.S. stock futures similarly fell while crude oil prices rose,MarketWatch reported.\nThe market now appears to be overlooking the attack and is now focused on the upcoming halving.\n“BTC saw high volume and retracement going from 64k to 61k a day before the expected halving event with the \'sell the news\' most likely being priced in at this point, showcased by a negative BTC funding rate,” Semir Gabeljic, director of capital formation at Pythagoras Investments, wrote in an email interview with CoinDesk.\n"All of the recent retracements, including this one, are in line with historical halving drawdowns; the only difference and consideration is the uncertainty of the macro landscape ahead, which will create additional volatility to come," he added.\nThe CoinDesk 20 (CD20), a measure of the performance of the most liquid digital assets, is up 0.47%, trading at 2,137.\nUPDATE (April 19, 2024, 05:20 UTC):Updates headline and story with new information, adds additional details.', '• The next threshold for bitcoin is $55,000 if the market turmoil continues, according to an analyst.\n• Tokenized gold PAXG is up 3%.\nBitcoin {{BTC}} came back over $62,000 as the market recovered after reports of limited damage from an Israeli strike on Iranian military targets.\nABC News first reported that Israel hadlaunched a retaliatory strike against Iranon Friday morning.CNN quoted local mediaas saying that various military bases and airfields in the country have been hit by missiles.Al Jazeerareported that Iranian authorities are downplaying the nature of the attack, claiming it was a limited drone strike.\nEther {{ETH}} also recovered slightly,according to CoinDesk Indices data, but was still trading below $3000. PAXG, a tokenized version of gold run by Paxos, is up nearly 3%,according to market data.\nMarch Zheng, a managing partner at Bizantine Capital, said that the next threshold for bitcoin is $55,000, should market turmoil continue.\n“If there is a panic sell for bitcoin due to war-related news, it would still be a good buying opportunity,” added Jun-Young Heo, a derivatives trader at Presto, in a Telegram message.\nMajor stock indices in Asia are also down, with Hong Kong\'s Hang Seng index down 3.5%, Japan\'s Nikkei 225 down 6.5%, and Taiwan\'s TAIEX down 5%. U.S. stock futures similarly fell while crude oil prices rose,MarketWatch reported.\nThe market now appears to be overlooking the attack and is now focused on the upcoming halving.\n“BTC saw high volume and retracement going from 64k to 61k a day before the expected halving event with the \'sell the news\' most likely being priced in at this point, showcased by a negative BTC funding rate,” Semir Gabeljic, director of capital formation at Pythagoras Investments, wrote in an email interview with CoinDesk.\n"All of the recent retracements, including this one, are in line with historical halving drawdowns; the only difference and consideration is the uncertainty of the macro landscape ahead, which will create additional volatility to come," he added.\nThe CoinDesk 20 (CD20), a measure of the performance of the most liquid digital assets, is up 0.47%, trading at 2,137.\nUPDATE (April 19, 2024, 05:20 UTC):Updates headline and story with new information, adds additional details.', 'The Bitcoin halving event is set to occur within the next 24 hours, even as Bitcoin continues trading at a level 15% below its all-time high, which was set more than a month ago.\nBitcoin traded at US$61,900 at 2 a.m. ET, according to CoinGecko.\nThe halving reduces mining rewards from 6.25 to 3.125 Bitcoin per block and is expected to affect the digital currency’s scarcity and market value.\nThe halving, a feature built into Bitcoin’s protocol to occur roughly every four years, is closely watched by the cryptocurrency community for its potential to increase Bitcoin’s value by reducing supply inflow.\nHowever, JP Morgan analysts, including Nikolaos Panigirtzoglou, caution that the market may have preemptively accounted for the halving, with Bitcoin’s recent overbought status.\nThe recent downturn in Bitcoin’s price has been linked to a confluence of factors, such as liquidations in the futures market, geopolitical unrest, and remarks from Federal Reserve Chair Jerome Powell.\nDespite the current market turbulence, some analysts predict a post-halving recovery in mining stocks as investors identify and back the most resilient companies.\nThis year’s halving event will include the launch of Runes, a protocol built on Bitcoin that allows the creation of fungible tokens, using unspent and leftover Bitcoin from transactions, known as UTXO.\nRunes is considered a simplified alternative for fungible tokens on Bitcoin.\nBRC-20 the existing fungible tokens on Bitcoin is often criticized for its complexity.', 'The Bitcoin halving event is set to occur within the next 24 hours, even as Bitcoin continues trading at a level 15% below its all-time high, which was set more than a month ago.\nBitcoin traded at US$61,900 at 2 a.m. ET, according to CoinGecko.\nThe halving reduces mining rewards from 6.25 to 3.125 Bitcoin per block and is expected to affect the digital currency’s scarcity and market value.\nThe halving, a feature built into Bitcoin’s protocol to occur roughly every four years, is closely watched by the cryptocurrency community for i **Last 60 Days of Bitcoin's Closing Prices:** [51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-19 **Financial & Commodity Data:** - Gold Closing Price: $2398.40 - Crude Oil Closing Price: $83.14 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,218,627,577,344 - Hash Rate: 648454182.1198951 - Transaction Count: 393190.0 - Unique Addresses: 727141.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.66 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • Bitcoin fell to as low as $50,700 late Wednesday, while ether dropped just under $2890 before reversing losses early Thursday. • Some traders said the sell-offs were expected and not indicative of a broader market trend, citing price-action analysis. The crypto market hit multi-month highs earlier this week, declining a bit, before recovering early Thursday, as traders took profits and market observers looked to the earnings report of chipmaker Nvidia (NVDA) as a catalyst for movements. Bitcoin {{BTC}} fell to as low as $50,700 late Wednesday, while ether {{ETH}} dropped just under $2890 before reversing some losses. Polygon’s MATIC led losses among crypto majors, slipping 7%, while Cardano’s ADA and XRP were down as much as 5%. Meanwhile, the CoinDesk 20 Index (CD20), a benchmark for the biggest and most liquid cryptocurrencies, dropped 1.2%. Markets slumped in anticipation of Nvidia’s fourth-quarter earnings reports, which beat expectations andspurred a rallyin artificial intelligence (AI) tokens. AI tokens saw a surge in activity last week on the back of OpenAI introducing its Sora product. The total market cap of AI tokens crossed $15 billion, with Worldcoin’s WLD hitting an all-time high. The haphazard price action caused over $200 million in liquidations of crypto-tracked futures, of which $150 million were longs or bets on higher prices. Shorts, or bets on lower prices, were later impacted as the market recovered following the Nvidia report. As such, some traders said the sell-off was expected and not indicative of a broader market trend, citing price-action analysis. “Bitcoin has managed to avoid a sell-off without replicating the upward momentum observed in recent days,” said Alex Kuptsikevich, FxPro senior market analyst, in an email. “Technically, Ethereum’s pullback to $2700 is a correction of this month’s rally and should not cause much alarm. “A break below these levels could be a cause for concern for these assets,” he added. However, some market participants are predicting the start of the alt season, but some remain cautious. Markus Thielen, head of 10x Research, pointed to the continued dominance of bitcoin with a 51% market share in a report earlier this week. Thielen said dominance “needs to fall below 45%” for the altcoin season to begin. Bitcoin dominance represents the ratio between the market capitalization of bitcoin and the market capitalization of all other cryptocurrencies. Historically, falling dominance has indicated a migration of capital toward other tokens, which is favorable for altcoin investors.... - Reddit Posts (Sample): [['u/Purplepunch36', 'Had to sell out, new BTC balance 0.00', 767, '2024-04-19 01:01', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/', 'Feels bad man. My goal was to get to .1 BTC, almost had it at .095 BTC but life sometimes hands you lemons sometimes and you gotta do what you gotta do.\n\nStarted my own business recently and been working my ass off but bills and paying down debt comes at you fast. I at least used it to pay off a credit card so even though my BTC balance is at 0, so is my AMEX.\n\nAnyway, just venting but I hope to be back at it. Just going to bust ass and get things going even harder now. Sad to see, but also a huge motivator in a way. Love this subreddit and all the shitposting, the comments honestly make my day in most situations at least. ', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/', '1c7hfr2', [['u/midastouch900', 106, '2024-04-19 01:12', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l07ws3z/', "I just bought so I may well have it, thank you brother, I'll keep it safe! Look forward to you re-joining when the time is right.", '1c7hfr2'], ['u/Purplepunch36', 17, '2024-04-19 01:16', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l07xhjh/', 'Appreciate it haha', '1c7hfr2'], ['u/lordinov', 10, '2024-04-19 01:21', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l07y4yw/', 'Got 8k in credit card debt at the moment. Better to pay 200 monthly payment half of it interest than to sell 8k btc to clear it but that’s me', '1c7hfr2'], ['u/icanhazglass', 10, '2024-04-19 01:22', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l07yc8r/', "Gotta live you're life.", '1c7hfr2'], ['u/Own-Veterinarian-289', 32, '2024-04-19 01:25', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l07ysk7/', 'Don’t downplay the importance of your own business! Imagine yourself getting more income because of your business and being able to buy more bitcoin in the near future', '1c7hfr2'], ['u/Daisyssssmom', 887, '2024-04-19 01:31', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l07zr31/', 'When your business takes off you’ll be a wholecoiner', '1c7hfr2'], ['u/Purplepunch36', 305, '2024-04-19 01:35', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l080ay2/', 'I needed that, thank you.', '1c7hfr2'], ['u/Purplepunch36', 11, '2024-04-19 01:36', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l080ilg/', 'Oh for sure. I mean I went I to this knowing these isn’t overnight success but still sucks. Bittersweet feeling for sure', '1c7hfr2'], ['u/Purplepunch36', 18, '2024-04-19 01:38', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l080osy/', 'Debt freaks me out and unfortunately not in a position to have anything hurt the good ol credit score right now', '1c7hfr2'], ['u/Salty-Yak-9225', 12, '2024-04-19 01:38', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l080rms/', "I think you should only invest if you have money to throw around. Get your business on track and when you're raking it in, think about investing.", '1c7hfr2'], ['u/JMoops', 44, '2024-04-19 01:51', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l082p3s/', 'Has to do a similar thing a while back. I have a child with Autism and he struggles hard at school so my wife’s hours were cut back drastically. Had to sell all my BTC just so we wouldn’t be kicked out of our home.', '1c7hfr2'], ['u/Inevitable_Art8536', 247, '2024-04-19 01:54', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08329x/', 'Having 1 BTC doesn’t really matter if you have 60k in credit card debt. \n\nPaying off the debt is the right thing to do', '1c7hfr2'], ['u/XBThodler', 27, '2024-04-19 02:05', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l084muo/', "You've started a new business? Wise up and accept Btc payments right off the bat 😀 soon you'll be reaching your goal", '1c7hfr2'], ['u/Purplepunch36', 40, '2024-04-19 02:11', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l085jmh/', 'I’d say your situation is 10x more important than mine. Good for you man. Good dad.', '1c7hfr2'], ['u/Purplepunch36', 49, '2024-04-19 02:12', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l085nn7/', 'Agree, not about to deal with that interest either. I’ll be back.', '1c7hfr2'], ['u/Complex_Signature821', 12, '2024-04-19 02:12', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l085qck/', 'Thats wat bitcoin is for 🤷\u200d♂️, u sell it when u need or want the money', '1c7hfr2'], ['u/Supercc', 12, '2024-04-19 02:12', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l085ris/', "It's ok brother, success is falling 7 times and getting up 8.\n\n\nKeep at it.", '1c7hfr2'], ['u/Complex_Signature821', 24, '2024-04-19 02:14', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l0860vm/', 'Give people a 5% discount if they pay with bitcoin then theyd rlly be incentivized to use bitcoin', '1c7hfr2'], ['u/joannew99', 12, '2024-04-19 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l088gf1/', "5% isn't enough to incentivize anyone, not even someone who already knows about BTC. Gonna need 15%+ discount to pique people's interest.", '1c7hfr2'], ['u/Weak-Signature-6285', 73, '2024-04-19 02:43', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08a6sg/', 'There is nothing wrong with investing in yourself first', '1c7hfr2'], ['u/Inevitable_Art8536', 13, '2024-04-19 02:54', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08bpkb/', 'This make zero sense.', '1c7hfr2'], ['u/Yung-Split', 15, '2024-04-19 02:56', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08c06h/', 'I thought about this a few weeks ago and the truth of the matter is, investing in bitcoin *is* investing in yourself. Who was it that had the wits about them to study and learn and invest in Bitcoin? YOU! An investment in bitcoin is a bet on your ability to discern a good investment.', '1c7hfr2'], ['u/Tasty_Action5073', 11, '2024-04-19 03:05', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08ddl2/', 'My friend. Your Bitcoin saved you. That’s why it’s here.', '1c7hfr2'], ['u/CryptoSpyro', 12, '2024-04-19 03:12', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08ebw6/', "Doesn't that same logic apply to every investment provided you do your due diligence XD", '1c7hfr2'], ['u/nickoaverdnac', 11, '2024-04-19 03:19', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08fary/', "All that matters is that you *OWN SOMETHING*.\n\nThat could be bitcoin, it could be a house, it could be a business. But the whole damn point is to have something that grows with inflation. \n\nDon't sweat it, you're doing great!", '1c7hfr2'], ['u/BlackRaider007', 13, '2024-04-19 03:50', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08jlu7/', 'OP said .1 BTC (0.1)', '1c7hfr2'], ['u/cryptoguerrilla', 14, '2024-04-19 05:01', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08tddo/', 'Due what?? I bought BTC for the cheap internet weed.', '1c7hfr2'], ['u/Fame8X', 39, '2024-04-19 05:30', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08x1du/', 'Do not do what I’ve done and let that credit card get used again. You sacrificed something, now put it away and out of your wallet if you don’t desperately need it.', '1c7hfr2'], ['u/RobbAllen15', 17, '2024-04-19 08:43', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l09hywc/', "Bury it in a waterproof locked box under one of your neighbor's daughter's windows because then you know you don't want to go and get it unless you really have to! You don't want your neighborhood thinking you're a pervert. Lol", '1c7hfr2'], ['u/njchil', 14, '2024-04-19 11:18', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l09uwvj/', "Let people pay you in BTC for your business! You'll be laughing", '1c7hfr2']]], ['u/loondri', 'I studied 5,000+ Series A and Series B stage companies in the USA to identify the next unicorns', 32, '2024-04-19 01:49', 'https://www.reddit.com/r/ycombinator/comments/1c7iigk/i_studied_5000_series_a_and_series_b_stage/', "I researched over 5000 Series A and Series B stage companies in the USA to identify the next unicorns.\n\nI identified 10 companies that I feel could become unicorns very soon based on several factors including growth rates, hiring trends, and leadership. I then ranked them on a few metrics and presented the data to you below.\n\nI used Crustdata's database for this research.\n\n# Top 10 Fastest Growing Soonicorn Companies in the USA\n\n1. LangChain is a language model application development library that develops a language model framework to power applications.\n\n2. Vilya is a biotechnology company developing a novel class of drugs that precisely target the biology of disease.\n\n3. Duckbill is an execution engine for daily tasks that functions as a personal assistant copilot using AI-powered technology.\n\n4. Gutsy is a data-driven security governance platform that applies process mining to secure enterprises.\... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['During a recentinterviewwith Bloomberg, Jamie Dimon, the CEO of JP Morgan, reiterated his long-held belief thatBitcoinis a “public decentralized Ponzi scheme." Dimon expressed his skepticism about Bitcoin\'s potential as a currency, stating that he has always maintained his view that it lacks prospects in that regard.\nIn addition, Dimon called Bitcoin a fraud, saying, “if you mean crypto like Bitcoin, I’ve always said it’s a fraud.” However, he did acknowledge the value of blockchain technology and smart contracts, recognizing their potential applications. Dimon clarified that if a cryptocurrency can offer something useful like smart contracts, which hold inherent value, then blockchain technology has a purpose. He said: “to the extent crypto is accessing certain blockchain things, that might have some value.”\nWhile Dimon sees potential in blockchain and smart contracts, he has consistently criticized Bitcoin, associating it with illicit activities such as anti-money laundering, and terrorism financing. He has previously stated that if these negative use cases cannot be resolved, regulators should intervene and shut down Bitcoin. However, this would be a challenging task considering the widespread network of over 20,000 Bitcoin nodes currently operating.\nDespite Dimon\'s critical stance on Bitcoin, JP Morgan has become an "authorized participant" in several spot Bitcoin exchange-traded funds (ETFs) offered by BlackRock, Invesco/Galaxy Digital, and Fidelity. In a report released in December, a JP Morgan analyst expressed doubts about the long-term impact of Bitcoin ETFs on the market and predicted thatEthereumwould outperform Bitcoin in 2024.', 'During a recentinterviewwith Bloomberg, Jamie Dimon, the CEO of JP Morgan, reiterated his long-held belief thatBitcoinis a “public decentralized Ponzi scheme." Dimon expressed his skepticism about Bitcoin\'s potential as a currency, stating that he has always maintained his view that it lacks prospects in that regard.\nIn addition, Dimon called Bitcoin a fraud, saying, “if you mean crypto like Bitcoin, I’ve always said it’s a fraud.” However, he did acknowledge the value of blockchain technology and smart contracts, recognizing their potential applications. Dimon clarified that if a cryptocurrency can offer something useful like smart contracts, which hold inherent value, then blockchain technology has a purpose. He said: “to the extent crypto is accessing certain blockchain things, that might have some value.”\nWhile Dimon sees potential in blockchain and smart contracts, he has consistently criticized Bitcoin, associating it with illicit activities such as anti-money laundering, and terrorism financing. He has previously stated that if these negative use cases cannot be resolved, regulators should intervene and shut down Bitcoin. However, this would be a challenging task considering the widespread network of over 20,000 Bitcoin nodes currently operating.\nDespite Dimon\'s critical stance on Bitcoin, JP Morgan has become an "authorized participant" in several spot Bitcoin exchange-traded funds (ETFs) offered by BlackRock, Invesco/Galaxy Digital, and Fidelity. In a report released in December, a JP Morgan analyst expressed doubts about the long-term impact of Bitcoin ETFs on the market and predicted thatEthereumwould outperform Bitcoin in 2024.', '• The next threshold for bitcoin is $55,000 if the market turmoil continues, according to an analyst.\n• Tokenized gold PAXG is up 3%.\nBitcoin {{BTC}} came back over $62,000 as the market recovered after reports of limited damage from an Israeli strike on Iranian military targets.\nABC News first reported that Israel hadlaunched a retaliatory strike against Iranon Friday morning.CNN quoted local mediaas saying that various military bases and airfields in the country have been hit by missiles.Al Jazeerareported that Iranian authorities are downplaying the nature of the attack, claiming it was a limited drone strike.\nEther {{ETH}} also recovered slightly,according to CoinDesk Indices data, but was still trading below $3000. PAXG, a tokenized version of gold run by Paxos, is up nearly 3%,according to market data.\nMarch Zheng, a managing partner at Bizantine Capital, said that the next threshold for bitcoin is $55,000, should market turmoil continue.\n“If there is a panic sell for bitcoin due to war-related news, it would still be a good buying opportunity,” added Jun-Young Heo, a derivatives trader at Presto, in a Telegram message.\nMajor stock indices in Asia are also down, with Hong Kong\'s Hang Seng index down 3.5%, Japan\'s Nikkei 225 down 6.5%, and Taiwan\'s TAIEX down 5%. U.S. stock futures similarly fell while crude oil prices rose,MarketWatch reported.\nThe market now appears to be overlooking the attack and is now focused on the upcoming halving.\n“BTC saw high volume and retracement going from 64k to 61k a day before the expected halving event with the \'sell the news\' most likely being priced in at this point, showcased by a negative BTC funding rate,” Semir Gabeljic, director of capital formation at Pythagoras Investments, wrote in an email interview with CoinDesk.\n"All of the recent retracements, including this one, are in line with historical halving drawdowns; the only difference and consideration is the uncertainty of the macro landscape ahead, which will create additional volatility to come," he added.\nThe CoinDesk 20 (CD20), a measure of the performance of the most liquid digital assets, is up 0.47%, trading at 2,137.\nUPDATE (April 19, 2024, 05:20 UTC):Updates headline and story with new information, adds additional details.', '• The next threshold for bitcoin is $55,000 if the market turmoil continues, according to an analyst.\n• Tokenized gold PAXG is up 3%.\nBitcoin {{BTC}} came back over $62,000 as the market recovered after reports of limited damage from an Israeli strike on Iranian military targets.\nABC News first reported that Israel hadlaunched a retaliatory strike against Iranon Friday morning.CNN quoted local mediaas saying that various military bases and airfields in the country have been hit by missiles.Al Jazeerareported that Iranian authorities are downplaying the nature of the attack, claiming it was a limited drone strike.\nEther {{ETH}} also recovered slightly,according to CoinDesk Indices data, but was still trading below $3000. PAXG, a tokenized version of gold run by Paxos, is up nearly 3%,according to market data.\nMarch Zheng, a managing partner at Bizantine Capital, said that the next threshold for bitcoin is $55,000, should market turmoil continue.\n“If there is a panic sell for bitcoin due to war-related news, it would still be a good buying opportunity,” added Jun-Young Heo, a derivatives trader at Presto, in a Telegram message.\nMajor stock indices in Asia are also down, with Hong Kong\'s Hang Seng index down 3.5%, Japan\'s Nikkei 225 down 6.5%, and Taiwan\'s TAIEX down 5%. U.S. stock futures similarly fell while crude oil prices rose,MarketWatch reported.\nThe market now appears to be overlooking the attack and is now focused on the upcoming halving.\n“BTC saw high volume and retracement going from 64k to 61k a day before the expected halving event with the \'sell the news\' most likely being priced in at this point, showcased by a negative BTC funding rate,” Semir Gabeljic, director of capital formation at Pythagoras Investments, wrote in an email interview with CoinDesk.\n"All of the recent retracements, including this one, are in line with historical halving drawdowns; the only difference and consideration is the uncertainty of the macro landscape ahead, which will create additional volatility to come," he added.\nThe CoinDesk 20 (CD20), a measure of the performance of the most liquid digital assets, is up 0.47%, trading at 2,137.\nUPDATE (April 19, 2024, 05:20 UTC):Updates headline and story with new information, adds additional details.', 'The Bitcoin halving event is set to occur within the next 24 hours, even as Bitcoin continues trading at a level 15% below its all-time high, which was set more than a month ago.\nBitcoin traded at US$61,900 at 2 a.m. ET, according to CoinGecko.\nThe halving reduces mining rewards from 6.25 to 3.125 Bitcoin per block and is expected to affect the digital currency’s scarcity and market value.\nThe halving, a feature built into Bitcoin’s protocol to occur roughly every four years, is closely watched by the cryptocurrency community for its potential to increase Bitcoin’s value by reducing supply inflow.\nHowever, JP Morgan analysts, including Nikolaos Panigirtzoglou, caution that the market may have preemptively accounted for the halving, with Bitcoin’s recent overbought status.\nThe recent downturn in Bitcoin’s price has been linked to a confluence of factors, such as liquidations in the futures market, geopolitical unrest, and remarks from Federal Reserve Chair Jerome Powell.\nDespite the current market turbulence, some analysts predict a post-halving recovery in mining stocks as investors identify and back the most resilient companies.\nThis year’s halving event will include the launch of Runes, a protocol built on Bitcoin that allows the creation of fungible tokens, using unspent and leftover Bitcoin from transactions, known as UTXO.\nRunes is considered a simplified alternative for fungible tokens on Bitcoin.\nBRC-20 the existing fungible tokens on Bitcoin is often criticized for its complexity.', 'The Bitcoin halving event is set to occur within the next 24 hours, even as Bitcoin continues trading at a level 15% below its all-time high, which was set more than a month ago.\nBitcoin traded at US$61,900 at 2 a.m. ET, according to CoinGecko.\nThe halving reduces mining rewards from 6.25 to 3.125 Bitcoin per block and is expected to affect the digital currency’s scarcity and market value.\nThe halving, a feature built into Bitcoin’s protocol to occur roughly every four years, is closely watched by the cryptocurrency community for i **Last 60 Days of Bitcoin's Closing Prices:** [51779.14, 52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-19 **Financial & Commodity Data:** - Gold Closing Price: $2398.40 - Crude Oil Closing Price: $83.14 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,218,627,577,344 - Hash Rate: 648454182.1198951 - Transaction Count: 393190.0 - Unique Addresses: 727141.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.66 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • Bitcoin fell to as low as $50,700 late Wednesday, while ether dropped just under $2890 before reversing losses early Thursday. • Some traders said the sell-offs were expected and not indicative of a broader market trend, citing price-action analysis. The crypto market hit multi-month highs earlier this week, declining a bit, before recovering early Thursday, as traders took profits and market observers looked to the earnings report of chipmaker Nvidia (NVDA) as a catalyst for movements. Bitcoin {{BTC}} fell to as low as $50,700 late Wednesday, while ether {{ETH}} dropped just under $2890 before reversing some losses. Polygon’s MATIC led losses among crypto majors, slipping 7%, while Cardano’s ADA and XRP were down as much as 5%. Meanwhile, the CoinDesk 20 Index (CD20), a benchmark for the biggest and most liquid cryptocurrencies, dropped 1.2%. Markets slumped in anticipation of Nvidia’s fourth-quarter earnings reports, which beat expectations andspurred a rallyin artificial intelligence (AI) tokens. AI tokens saw a surge in activity last week on the back of OpenAI introducing its Sora product. The total market cap of AI tokens crossed $15 billion, with Worldcoin’s WLD hitting an all-time high. The haphazard price action caused over $200 million in liquidations of crypto-tracked futures, of which $150 million were longs or bets on higher prices. Shorts, or bets on lower prices, were later impacted as the market recovered following the Nvidia report. As such, some traders said the sell-off was expected and not indicative of a broader market trend, citing price-action analysis. “Bitcoin has managed to avoid a sell-off without replicating the upward momentum observed in recent days,” said Alex Kuptsikevich, FxPro senior market analyst, in an email. “Technically, Ethereum’s pullback to $2700 is a correction of this month’s rally and should not cause much alarm. “A break below these levels could be a cause for concern for these assets,” he added. However, some market participants are predicting the start of the alt season, but some remain cautious. Markus Thielen, head of 10x Research, pointed to the continued dominance of bitcoin with a 51% market share in a report earlier this week. Thielen said dominance “needs to fall below 45%” for the altcoin season to begin. Bitcoin dominance represents the ratio between the market capitalization of bitcoin and the market capitalization of all other cryptocurrencies. Historically, falling dominance has indicated a migration of capital toward other tokens, which is favorable for altcoin investors.... - Reddit Posts (Sample): [['u/Purplepunch36', 'Had to sell out, new BTC balance 0.00', 767, '2024-04-19 01:01', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/', 'Feels bad man. My goal was to get to .1 BTC, almost had it at .095 BTC but life sometimes hands you lemons sometimes and you gotta do what you gotta do.\n\nStarted my own business recently and been working my ass off but bills and paying down debt comes at you fast. I at least used it to pay off a credit card so even though my BTC balance is at 0, so is my AMEX.\n\nAnyway, just venting but I hope to be back at it. Just going to bust ass and get things going even harder now. Sad to see, but also a huge motivator in a way. Love this subreddit and all the shitposting, the comments honestly make my day in most situations at least. ', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/', '1c7hfr2', [['u/midastouch900', 106, '2024-04-19 01:12', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l07ws3z/', "I just bought so I may well have it, thank you brother, I'll keep it safe! Look forward to you re-joining when the time is right.", '1c7hfr2'], ['u/Purplepunch36', 17, '2024-04-19 01:16', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l07xhjh/', 'Appreciate it haha', '1c7hfr2'], ['u/lordinov', 10, '2024-04-19 01:21', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l07y4yw/', 'Got 8k in credit card debt at the moment. Better to pay 200 monthly payment half of it interest than to sell 8k btc to clear it but that’s me', '1c7hfr2'], ['u/icanhazglass', 10, '2024-04-19 01:22', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l07yc8r/', "Gotta live you're life.", '1c7hfr2'], ['u/Own-Veterinarian-289', 32, '2024-04-19 01:25', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l07ysk7/', 'Don’t downplay the importance of your own business! Imagine yourself getting more income because of your business and being able to buy more bitcoin in the near future', '1c7hfr2'], ['u/Daisyssssmom', 887, '2024-04-19 01:31', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l07zr31/', 'When your business takes off you’ll be a wholecoiner', '1c7hfr2'], ['u/Purplepunch36', 305, '2024-04-19 01:35', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l080ay2/', 'I needed that, thank you.', '1c7hfr2'], ['u/Purplepunch36', 11, '2024-04-19 01:36', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l080ilg/', 'Oh for sure. I mean I went I to this knowing these isn’t overnight success but still sucks. Bittersweet feeling for sure', '1c7hfr2'], ['u/Purplepunch36', 18, '2024-04-19 01:38', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l080osy/', 'Debt freaks me out and unfortunately not in a position to have anything hurt the good ol credit score right now', '1c7hfr2'], ['u/Salty-Yak-9225', 12, '2024-04-19 01:38', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l080rms/', "I think you should only invest if you have money to throw around. Get your business on track and when you're raking it in, think about investing.", '1c7hfr2'], ['u/JMoops', 44, '2024-04-19 01:51', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l082p3s/', 'Has to do a similar thing a while back. I have a child with Autism and he struggles hard at school so my wife’s hours were cut back drastically. Had to sell all my BTC just so we wouldn’t be kicked out of our home.', '1c7hfr2'], ['u/Inevitable_Art8536', 247, '2024-04-19 01:54', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08329x/', 'Having 1 BTC doesn’t really matter if you have 60k in credit card debt. \n\nPaying off the debt is the right thing to do', '1c7hfr2'], ['u/XBThodler', 27, '2024-04-19 02:05', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l084muo/', "You've started a new business? Wise up and accept Btc payments right off the bat 😀 soon you'll be reaching your goal", '1c7hfr2'], ['u/Purplepunch36', 40, '2024-04-19 02:11', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l085jmh/', 'I’d say your situation is 10x more important than mine. Good for you man. Good dad.', '1c7hfr2'], ['u/Purplepunch36', 49, '2024-04-19 02:12', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l085nn7/', 'Agree, not about to deal with that interest either. I’ll be back.', '1c7hfr2'], ['u/Complex_Signature821', 12, '2024-04-19 02:12', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l085qck/', 'Thats wat bitcoin is for 🤷\u200d♂️, u sell it when u need or want the money', '1c7hfr2'], ['u/Supercc', 12, '2024-04-19 02:12', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l085ris/', "It's ok brother, success is falling 7 times and getting up 8.\n\n\nKeep at it.", '1c7hfr2'], ['u/Complex_Signature821', 24, '2024-04-19 02:14', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l0860vm/', 'Give people a 5% discount if they pay with bitcoin then theyd rlly be incentivized to use bitcoin', '1c7hfr2'], ['u/joannew99', 12, '2024-04-19 02:31', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l088gf1/', "5% isn't enough to incentivize anyone, not even someone who already knows about BTC. Gonna need 15%+ discount to pique people's interest.", '1c7hfr2'], ['u/Weak-Signature-6285', 73, '2024-04-19 02:43', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08a6sg/', 'There is nothing wrong with investing in yourself first', '1c7hfr2'], ['u/Inevitable_Art8536', 13, '2024-04-19 02:54', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08bpkb/', 'This make zero sense.', '1c7hfr2'], ['u/Yung-Split', 15, '2024-04-19 02:56', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08c06h/', 'I thought about this a few weeks ago and the truth of the matter is, investing in bitcoin *is* investing in yourself. Who was it that had the wits about them to study and learn and invest in Bitcoin? YOU! An investment in bitcoin is a bet on your ability to discern a good investment.', '1c7hfr2'], ['u/Tasty_Action5073', 11, '2024-04-19 03:05', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08ddl2/', 'My friend. Your Bitcoin saved you. That’s why it’s here.', '1c7hfr2'], ['u/CryptoSpyro', 12, '2024-04-19 03:12', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08ebw6/', "Doesn't that same logic apply to every investment provided you do your due diligence XD", '1c7hfr2'], ['u/nickoaverdnac', 11, '2024-04-19 03:19', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08fary/', "All that matters is that you *OWN SOMETHING*.\n\nThat could be bitcoin, it could be a house, it could be a business. But the whole damn point is to have something that grows with inflation. \n\nDon't sweat it, you're doing great!", '1c7hfr2'], ['u/BlackRaider007', 13, '2024-04-19 03:50', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08jlu7/', 'OP said .1 BTC (0.1)', '1c7hfr2'], ['u/cryptoguerrilla', 14, '2024-04-19 05:01', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08tddo/', 'Due what?? I bought BTC for the cheap internet weed.', '1c7hfr2'], ['u/Fame8X', 39, '2024-04-19 05:30', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l08x1du/', 'Do not do what I’ve done and let that credit card get used again. You sacrificed something, now put it away and out of your wallet if you don’t desperately need it.', '1c7hfr2'], ['u/RobbAllen15', 17, '2024-04-19 08:43', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l09hywc/', "Bury it in a waterproof locked box under one of your neighbor's daughter's windows because then you know you don't want to go and get it unless you really have to! You don't want your neighborhood thinking you're a pervert. Lol", '1c7hfr2'], ['u/njchil', 14, '2024-04-19 11:18', 'https://www.reddit.com/r/Bitcoin/comments/1c7hfr2/had_to_sell_out_new_btc_balance_000/l09uwvj/', "Let people pay you in BTC for your business! You'll be laughing", '1c7hfr2']]], ['u/loondri', 'I studied 5,000+ Series A and Series B stage companies in the USA to identify the next unicorns', 32, '2024-04-19 01:49', 'https://www.reddit.com/r/ycombinator/comments/1c7iigk/i_studied_5000_series_a_and_series_b_stage/', "I researched over 5000 Series A and Series B stage companies in the USA to identify the next unicorns.\n\nI identified 10 companies that I feel could become unicorns very soon based on several factors including growth rates, hiring trends, and leadership. I then ranked them on a few metrics and presented the data to you below.\n\nI used Crustdata's database for this research.\n\n# Top 10 Fastest Growing Soonicorn Companies in the USA\n\n1. LangChain is a language model application development library that develops a language model framework to power applications.\n\n2. Vilya is a biotechnology company developing a novel class of drugs that precisely target the biology of disease.\n\n3. Duckbill is an execution engine for daily tasks that functions as a personal assistant copilot using AI-powered technology.\n\n4. Gutsy is a data-driven security governance platform that applies process mining to secure enterprises.\... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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 Elizabeth Howcroft\nLONDON, April 19 (Reuters) -\nBitcoin, the world\'s largest cryptocurrency, on Friday completed its "halving," a phenomenon that happens roughly every four years, according to according to CoinGecko, a cryptocurrency data and analysis company.\nBitcoin was fairly stable immediately afterward, falling 0.47% to $63,747.\nBitcoin enthusiasts had eagerly waited for the "halving" - a change to the cryptocurrency\'s underlying technology designed to cut the rate at which new bitcoins are created.\nThe halving was written into bitcoin\'s code at its inception by pseudonymous creator Satoshi Nakamoto as a way to reduce the rate at which bitcoins are created.\nChris Gannatti, global head of research at asset manager WisdomTree, which markets bitcoin exchange-traded funds, called the halving "one of the biggest events in crypto this year".\nFor some crypto fans, the halving will underscore bitcoin\'s value as an increasingly scarce commodity. Nakamoto capped bitcoin supply at 21 million tokens. But sceptics see it as little more than a technical change talked up by speculators to inflate the virtual currency\'s price.\nThe operation works by halving the rewards cryptocurrency miners receive for creating new tokens, making it more expensive for them to put new bitcoins into circulation.\nIt follows a surge in bitcoin\'s price to an all-time high of $73,803.25 in March, having spent much of 2023 slowly recovering from 2022\'s dramatic plunge. On Thursday the world\'s biggest cryptocurrency was trading at $63,800.\nBitcoin and other cryptocurrencies have been supported by excitement around the U.S. Securities and Exchange Commission\'s decision in January to approve spot bitcoin exchange-traded funds, as well as expectations that central banks will cut interest rates.\nPrevious halvings occurred in 2012, 2016 and 2020. Some crypto fans point to price rallies that followed them as a sign that bitcoin\'s next halving will boost its price, but many analysts are sceptical.\n"We do not expect bitcoin price increases post halving as it has been already priced in," JP Morgan analysts wrote this week.\nThey expect bitcoin\'s price to fall after the halving, because it is "overbought" and venture capital funding for the crypto industry has been "subdued" this year.\nFinancial regulators have long warned that bitcoin is a high-risk asset, with limited real-world uses, although more have begun to approve bitcoin-linked trading products.\nAndrew O\'Neill, a crypto analyst at S&P Global, said he was "somewhat sceptical of the lessons that can be taken in terms of price prediction from previous halvings."\n"It\'s only one factor in a multitude of factors that can drive price," he said.\nBitcoin has struggled for direction since March\'s record high and fallen in the last two weeks as geopolitical tensions and expectations that central banks will keep rates higher for longer unnerved global markets.\n(Reporting by Elizabeth Howcroft, Kanjyik Ghosh and Urvi Dugar; Editing by Tommy Reggiori Wilkes, Toby Chopra and Cynthia Osterman)', 'By Elizabeth Howcroft\nLONDON, April 19 (Reuters) -\nBitcoin, the world\'s largest cryptocurrency, on Friday completed its "halving," a phenomenon that happens roughly every four years, according to according to CoinGecko, a cryptocurrency data and analysis company.\nBitcoin was fairly stable immediately afterward, falling 0.47% to $63,747.\nBitcoin enthusiasts had eagerly waited for the "halving" - a change to the cryptocurrency\'s underlying technology designed to cut the rate at which new bitcoins are created.\nThe halving was written into bitcoin\'s code at its inception by pseudonymous creator Satoshi Nakamoto as a way to reduce the rate at which bitcoins are created.\nChris Gannatti, global head of research at asset manager WisdomTree, which markets bitcoin exchange-traded funds, called the halving "one of the biggest events in crypto this year".\nFor some crypto fans, the halving will underscore bitcoin\'s value as an increasingly scarce commodity. Nakamoto capped bitcoin supply at 21 million tokens. But sceptics see it as little more than a technical change talked up by speculators to inflate the virtual currency\'s price.\nThe operation works by halving the rewards cryptocurrency miners receive for creating new tokens, making it more expensive for them to put new bitcoins into circulation.\nIt follows a surge in bitcoin\'s price to an all-time high of $73,803.25 in March, having spent much of 2023 slowly recovering from 2022\'s dramatic plunge. On Thursday the world\'s biggest cryptocurrency was trading at $63,800.\nBitcoin and other cryptocurrencies have been supported by excitement around the U.S. Securities and Exchange Commission\'s decision in January to approve spot bitcoin exchange-traded funds, as well as expectations that central banks will cut interest rates.\nPrevious halvings occurred in 2012, 2016 and 2020. Some crypto fans point to price rallies that followed them as a sign that bitcoin\'s next halving will boost its price, but many analysts are sceptical.\n"We do not expect bitcoin price increases post halving as it has been already priced in," JP Morgan analysts wrote this week.\nThey expect bitcoin\'s price to fall after the halving, because it is "overbought" and venture capital funding for the crypto industry has been "subdued" this year.\nFinancial regulators have long warned that bitcoin is a high-risk asset, with limited real-world uses, although more have begun to approve bitcoin-linked trading products.\nAndrew O\'Neill, a crypto analyst at S&P Global, said he was "somewhat sceptical of the lessons that can be taken in terms of price prediction from previous halvings."\n"It\'s only one factor in a multitude of factors that can drive price," he said.\nBitcoin has struggled for direction since March\'s record high and fallen in the last two weeks as geopolitical tensions and expectations that central banks will keep rates higher for longer unnerved global markets.\n(Reporting by Elizabeth Howcroft, Kanjyik Ghosh and Urvi Dugar; Editing by Tommy Reggiori Wilkes, Toby Chopra and Cynthia Osterman)', 'By Elizabeth Howcroft\nLONDON (Reuters) -Bitcoin, the world\'s largest cryptocurrency, on Friday completed its "halving," a phenomenon that happens roughly every four years, according to according to CoinGecko, a cryptocurrency data and analysis company.\nBitcoin was fairly stable immediately afterward, falling 0.47% to $63,747.\nBitcoin enthusiasts had eagerly waited for the "halving"- a change to the cryptocurrency\'s underlying technology designed to cut the rate at which new bitcoins are created.\nThe halving was written into bitcoin\'s code at its inception by pseudonymous creator Satoshi Nakamoto as a way to reduce the rate at which bitcoins are created.\nChris Gannatti, global head of research at asset manager WisdomTree, which markets bitcoin exchange-traded funds, called the halving "one of the biggest events in crypto this year".\nFor some crypto fans, the halving will underscore bitcoin\'s value as an increasingly scarce commodity. Nakamoto capped bitcoin supply at 21 million tokens. But sceptics see it as little more than a technical change talked up by speculators to inflate the virtual currency\'s price.\nThe operation works by halving the rewards cryptocurrency miners receive for creating new tokens, making it more expensive for them to put new bitcoins into circulation.\nIt follows a surge in bitcoin\'s price to an all-time high of $73,803.25 in March, having spent much of 2023 slowly recovering from 2022\'s dramatic plunge. On Thursday the world\'s biggest cryptocurrency was trading at $63,800.\nBitcoin and other cryptocurrencies have been supported by excitement around the U.S. Securities and Exchange Commission\'s decision in January to approve spot bitcoin exchange-traded funds, as well as expectations that central banks will cut interest rates.\nPrevious halvings occurred in 2012, 2016 and 2020. Some crypto fans point to price rallies that followed them as a sign that bitcoin\'s next halving will boost its price, but many analysts are sceptical.\n"We do not expect bitcoin price increases post halving as it has been already priced in," JP Morgan analysts wrote this week.\nThey expect bitcoin\'s price to fall after the halving, because it is "overbought" and venture capital funding for the crypto industry has been "subdued" this year.\nFinancial regulators have long warned that bitcoin is a high-risk asset, with limited real-world uses, although more have begun to approve bitcoin-linked trading products.\nAndrew O\'Neill, a crypto analyst at S&P Global, said he was "somewhat sceptical of the lessons that can be taken in terms of price prediction from previous halvings."\n"It\'s only one factor in a multitude of factors that can drive price," he said.\nBitcoin has struggled for direction since March\'s record high and fallen in the last two weeks as geopolitical tensions and expectations that central banks will keep rates higher for longer unnerved global markets.\n(Reporting by Elizabeth Howcroft, Kanjyik Ghosh and Urvi Dugar;Editing by Tommy Reggiori Wilkes, Toby Chopra and Cynthia Osterman)', 'By Elizabeth Howcroft\nLONDON (Reuters) -Bitcoin, the world\'s largest cryptocurrency, on Friday completed its "halving," a phenomenon that happens roughly every four years, according to according to CoinGecko, a cryptocurrency data and analysis company.\nBitcoin was fairly stable immediately afterward, falling 0.47% to $63,747.\nBitcoin enthusiasts had eagerly waited for the "halving"- a change to the cryptocurrency\'s underlying technology designed to cut the rate at which new bitcoins are created.\nThe halving was written into bitcoin\'s code at its inception by pseudonymous creator Satoshi Nakamoto as a way to reduce the rate at which bitcoins are created.\nChris Gannatti, global head of research at asset manager WisdomTree, which markets bitcoin **Last 60 Days of Bitcoin's Closing Prices:** [52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-20 **Financial & Commodity Data:** - Gold Closing Price: $2398.40 - Crude Oil Closing Price: $83.14 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,274,022,483,569 - Hash Rate: 558271812.4211017 - Transaction Count: 631001.0 - Unique Addresses: 455683.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.66 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: In a series of strategic moves that underline its commitment to cryptocurrency, El Salvador continues to deepen its engagement with the digital currency market, particularly bitcoin {{BTC}}. President Nayib Bukele recently announced El Salvador's plan to buy one bitcoin every day, aiming to continue this practice until it becomes unaffordable with fiat currencies. This initiative has pushed the nation's bitcoin holdings to a substantial total of 5,690 BTC, valued at approximately $400 million. This feature is part of CoinDesk’s “Future of Bitcoin” package published to coincide with the fourth Bitcoin “halving” in April 2024. Tatiana Koffman leads investment firm Moonwalker Capital, is the author of the popular financial newsletterMythOfMoney.com. In tandem with its cryptocurrency endeavors, El Salvador has made a bold statement in the global investment landscape by eliminating income tax for international investments and money transfers. This tax cut, from 30%-0%, is designed to attract foreign investors and boost economic growth. The country's commitment to bitcoin was further highlighted this week as it transferred more than 5,000 BTC into a cold wallet. President Bukele disclosed that a significant portion of these assets, amounting to $400 million worth of bitcoin, has been moved to an offline device stored in a physical vault within the nation's territory. This move to secure the digital assets in a "Bitcoin piggy bank" marks a significant step in El Salvador's financial strategy, offering a higher level of security and signaling strong faith in the cryptocurrency's future. The decision to make the transfer to a cold wallet came after El Salvador's bitcoin treasury swelled unexpectedly, nearly doubling its previously known stash. The country had been acquiring bitcoin through various means, including daily purchases, sales of passports, currency conversions for businesses, mining and government services. This approach has dramatically increased El Salvador's bitcoin holdings, which were believed to be less than 3,000 BTC before this revelation. See also:El Salvador Holds More Bitcoin Than Expected El Salvador's pioneering stance on bitcoin began in September 2021 when it became the first country to adopt the digital currency as legal tender. Since then, bitcoin's value has seen significant fluctuations, recently hitting a record high of $73,800. The country's ongoing daily bitcoin purchases and the creation of a tax-free crypto haven powered by geothermal energy from a volcano showcase its innovative approach to harnessing cryptocurrency for economic development. President Bukele's vision extends beyond merely accumulating bitcoin; he envisions transforming El Salvador into a wealthy nation through strategic investments and initiatives related to the digital currency. Despite criticisms and warnings from international bodies like the International Monetary Fund (IMF), El Salvador's commitment to its bitcoin strategy remains steadfast, with the nation showing no signs of divesting from the cryptocurrency. El Salvador's bold foray into the world of bitcoin and its efforts to create a conducive environment for cryptocurrency investments reflect a significant shift in how nations perceive and engage with digital currencies. As the country continues its bitcoin acquisition program and enhances its cryptocurrency infrastructure, it sets a precedent for others to follow, potentially reshaping the global financial landscape in the process.... - Reddit Posts (Sample): [['u/Key-Leg5077', 'Should I purchase a condo to live in $400k? or keep renting $1200? 31M', 73, '2024-04-20 00:01', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/', 'Hi all, \n\nI work as an apprentice plumber. Made $85k last year with overtime. Got a raise this year and my base wage for 40 x 52 is $85k, might make $100k with overtime. My income is around $1k - $1.2k a week after taxes and deductions. \n\nOnce I get my license in a couple years I would make more with my additional raises. \n\nCurrently deduct 5% of my pay to get the max employer match. \n\nI get $1500 in benefits per year which I use mostly for dental. $200 for work boots, $200 for work pants. $40/month for cell phone (my plan is $37/month)\n\nHave a beat up car that has been reliable for me. Pay $130 for insurance and use a quarter tank of gas a week. Costs $100 to fill up.\n\nRight now I am living very comfortably paying $1200 for rent in a basement apartment.\n\nI invest $125 a week into XEQT in my TFSA and I put my RRSP contributions into XEQT also. \n\nCheapest condos in my area are $400k. I am not looking for a huge place, just want to be close to work, and maybe later on Ill move up to northern Ontario and buy a house.\n\n$111k in my TFSA (XEQT)\n\n$16.2k FHSA (Cash.TO)\n\n$20k Cash (5% interest)\n\n$16k RRSP (XEQT)\n\nAll together I have around $150k in liquid assets and I have alternate investments like Bitcoin and I have some Pokémon collectibles worth some money. \n\nI used a calculator and If I bought a Condo for $400k and had a 20% down payment of $80k with a mortgage rate of 5% I would pay $1706/month on the mortgage. \n\nI can see condo fees being $300/month/\n\nBasically $2k for housing monthly costs. \n\nWorth? \n\n\n\n', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/', '1c89av6', [['u/_Echoes_', 17, '2024-04-20 00:15', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0d4be3/', 'Mans looking for a lead on a condo to swoop in on XD', '1c89av6'], ['u/outforthedayhiking', 193, '2024-04-20 00:20', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0d51ye/', 'You need to add property taxes and home insurance.', '1c89av6'], ['u/KS_tox', 56, '2024-04-20 01:15', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0ddbeb/', "Condo fee is only 300? It means most likely it doesn't cover all utilities so add 200-250 more plus 100-200 taxes. So in total 1700+300+250+200 =~2450.\n\nYou are clearly better off renting at the moment. Keep making more money on every opportunity, keep jacking up the down payment..when you reach a point where buying is within +5-10% range..go ahead and buy", '1c89av6'], ['u/Lumpy_Bravura', 35, '2024-04-20 01:23', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dedkq/', 'If you have cheap rent and a high income, take advantage to save and invest as much as you can. You can pay cash for a condo later. If your rent was closer to condo carrying cost, then I would consider buying. I had extremely cheap rent for 17 years and a six figure salary. When my landlord sold and I was forced to move. I paid cash for a small house, renovated it to new standards, rented out the basement and retired.', '1c89av6'], ['u/pumpkinsoupe', 17, '2024-04-20 01:32', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dflzo/', "Weathsimple's TLDR had a guide on this a few weeks ago: [https://tldr-archive.wealthsimple.com/archive/33-🏠-lets-play-rent-or-buy](https://tldr-archive.wealthsimple.com/archive/33-🏠-lets-play-rent-or-buy)\n\nPurchasing requires you to consider a lot of things besides the price though. I am dying to know what Pokemon card assets you have that they're wroth mentioning along with Bitcoin and other liquid assets.", '1c89av6'], ['u/Lightning_Catcher258', 10, '2024-04-20 01:37', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dgafw/', "I'd keep renting. Condos are such a poor investment in my opinion. You basically own a home without the benefits of it. I've done it myself. Not worth it.", '1c89av6'], ['u/foo-bar-nlogn-100', 40, '2024-04-20 01:38', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dgjjw/', "Renting. You have a good life and are saving lots. Why would you want to buy a condo and pay more for less quality of life.\n\nIf your rent wss like 2K, then a condo would make sense but at 1200, ur life is good. Something breaks, call the landlord.\n\nAlso, collect 4.5% in a HISA, and you're making almost 4K in risk free return off rhat 80K downpayment.\n\n\nYou can move at anytime.", '1c89av6'], ['u/Key-Leg5077', 11, '2024-04-20 01:49', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dhz5h/', 'True. Thanks. My plan is to put the $40k into my FHSA and then get all the tax returns and put it into the down payment, hopefully I wont need to touch my TFSA.', '1c89av6'], ['u/Raincouver8888', 31, '2024-04-20 02:02', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0djres/', 'Not everyone that buy a condo bought it for investment.', '1c89av6'], ['u/jeffbertrand', 14, '2024-04-20 02:10', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dkwis/', 'People say owning a house is a better investment than a condo but a house is exponentially more expensive than a condo. Also condos can typically be purchased in more desirable neighborhoods depending on your budget vs a house in the same neighborhood.', '1c89av6'], ['u/Key-Leg5077', 24, '2024-04-20 02:55', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dr8t3/', 'A loser making money, so therefore a winner.', '1c89av6'], ['u/corysgraham', 14, '2024-04-20 03:15', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0du5pm/', '"The 5% Rule" by Ben Felix. Have a watch on YouTube. \n\nto:dr For a 500k purchase price, if you rent for less than $2000/mo you are better off financially renting.', '1c89av6'], ['u/JustAPairOfMittens', 11, '2024-04-20 04:14', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0e26k9/', 'Enjoy both of those going up big time.\n\nMine were $120 and $3,300 2 years ago in NB. \n\nThey are now $179 and $4860. \n\nWelcome to re-zoning. Extra benefit of being in a new "county" with twice the potholes!!', '1c89av6'], ['u/calissetabernac', 40, '2024-04-20 04:42', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0e5um5/', 'And closing costs, land transfer tax. What else? Anyone? 😁', '1c89av6'], ['u/irate_wizard', 12, '2024-04-20 06:20', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0ehp4i/', 'Risks of special assessment.', '1c89av6'], ['u/fuzzy_bud13', 20, '2024-04-20 06:49', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0ektpm/', 'Utilities!', '1c89av6']]], ['u/ddoonnaalldd', 'Happy Halving to those who celebrate 🎉 ', 24, '2024-04-20 00:11', 'https://www.reddit.com/r/BEFire/comments/1c89j03/happy_halving_to_those_who_celebrate/', 'Bitcoin will go through Its fourth Halving tonight.', 'https://www.reddit.com/r/BEFire/comments/1c89j03/happy_halving_to_those_who_celebrate/', '1c89j03', [['u/Numerous_Walk_7613', 19, '2024-04-20 02:30', 'https://www.reddit.com/r/BEFire/comments/1c89j03/happy_halving_to_those_who_celebrate/l0dnqpr/', 'And that on 4/20. What a day', '1c89j03']]], ['u/Rattlesnake_Mullet', "Happy halving, brothers and sisters. It was a pleasure to hodl with you through this reward era. Here's to the next one.", 1072, '2024-04-20 00:58', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/', "I said it [four years ago](https://old.reddit.com/r/Bitcoin/comments/ghukdf/happy_block_nr_630000_brothers_and_sisters_it_was/) and I plan to say it in four years: \n\nIt was a pleasure to hodl with you through this reward era. Here's to the next one.\n\nThis is a historic time to reminisce and to reflect.\n\nA shit load has happened in the past four years, in life, in Bitcoin, in the world. Good and bad, everything.\n\nFTX, shitcoin casinos tanking left and right, El Salvador, Saylor, Covid lockdowns, brutal bear market, then the bull with a new ath before the halving (first in Bitcoin's history), ETF approval and on and on.\n\nHoly shit, what a ride it's been.\n\nCheers to each and every hodler out there in the world.\n\nWe'll meet again in 2028!", 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/', '1c8alvt', [['u/noctisnah', 10, '2024-04-20 01:05', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0dbvme/', 'God bless', '1c8alvt'], ['u/heinrichpelser', 24, '2024-04-20 01:09', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0dce67/', 'ETF approval - Check \nBitcoin halving - Check\nWhat’s next? Pump and dump summer', '1c8alvt'], ['u/Honest_Path_5356', 186, '2024-04-20 01:51', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0di87k/', 'Pizza party everyon... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86
You are an expert financial analyst. Your primary task is to 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 Elizabeth Howcroft\nLONDON, April 19 (Reuters) -\nBitcoin, the world\'s largest cryptocurrency, on Friday completed its "halving," a phenomenon that happens roughly every four years, according to according to CoinGecko, a cryptocurrency data and analysis company.\nBitcoin was fairly stable immediately afterward, falling 0.47% to $63,747.\nBitcoin enthusiasts had eagerly waited for the "halving" - a change to the cryptocurrency\'s underlying technology designed to cut the rate at which new bitcoins are created.\nThe halving was written into bitcoin\'s code at its inception by pseudonymous creator Satoshi Nakamoto as a way to reduce the rate at which bitcoins are created.\nChris Gannatti, global head of research at asset manager WisdomTree, which markets bitcoin exchange-traded funds, called the halving "one of the biggest events in crypto this year".\nFor some crypto fans, the halving will underscore bitcoin\'s value as an increasingly scarce commodity. Nakamoto capped bitcoin supply at 21 million tokens. But sceptics see it as little more than a technical change talked up by speculators to inflate the virtual currency\'s price.\nThe operation works by halving the rewards cryptocurrency miners receive for creating new tokens, making it more expensive for them to put new bitcoins into circulation.\nIt follows a surge in bitcoin\'s price to an all-time high of $73,803.25 in March, having spent much of 2023 slowly recovering from 2022\'s dramatic plunge. On Thursday the world\'s biggest cryptocurrency was trading at $63,800.\nBitcoin and other cryptocurrencies have been supported by excitement around the U.S. Securities and Exchange Commission\'s decision in January to approve spot bitcoin exchange-traded funds, as well as expectations that central banks will cut interest rates.\nPrevious halvings occurred in 2012, 2016 and 2020. Some crypto fans point to price rallies that followed them as a sign that bitcoin\'s next halving will boost its price, but many analysts are sceptical.\n"We do not expect bitcoin price increases post halving as it has been already priced in," JP Morgan analysts wrote this week.\nThey expect bitcoin\'s price to fall after the halving, because it is "overbought" and venture capital funding for the crypto industry has been "subdued" this year.\nFinancial regulators have long warned that bitcoin is a high-risk asset, with limited real-world uses, although more have begun to approve bitcoin-linked trading products.\nAndrew O\'Neill, a crypto analyst at S&P Global, said he was "somewhat sceptical of the lessons that can be taken in terms of price prediction from previous halvings."\n"It\'s only one factor in a multitude of factors that can drive price," he said.\nBitcoin has struggled for direction since March\'s record high and fallen in the last two weeks as geopolitical tensions and expectations that central banks will keep rates higher for longer unnerved global markets.\n(Reporting by Elizabeth Howcroft, Kanjyik Ghosh and Urvi Dugar; Editing by Tommy Reggiori Wilkes, Toby Chopra and Cynthia Osterman)', 'By Elizabeth Howcroft\nLONDON, April 19 (Reuters) -\nBitcoin, the world\'s largest cryptocurrency, on Friday completed its "halving," a phenomenon that happens roughly every four years, according to according to CoinGecko, a cryptocurrency data and analysis company.\nBitcoin was fairly stable immediately afterward, falling 0.47% to $63,747.\nBitcoin enthusiasts had eagerly waited for the "halving" - a change to the cryptocurrency\'s underlying technology designed to cut the rate at which new bitcoins are created.\nThe halving was written into bitcoin\'s code at its inception by pseudonymous creator Satoshi Nakamoto as a way to reduce the rate at which bitcoins are created.\nChris Gannatti, global head of research at asset manager WisdomTree, which markets bitcoin exchange-traded funds, called the halving "one of the biggest events in crypto this year".\nFor some crypto fans, the halving will underscore bitcoin\'s value as an increasingly scarce commodity. Nakamoto capped bitcoin supply at 21 million tokens. But sceptics see it as little more than a technical change talked up by speculators to inflate the virtual currency\'s price.\nThe operation works by halving the rewards cryptocurrency miners receive for creating new tokens, making it more expensive for them to put new bitcoins into circulation.\nIt follows a surge in bitcoin\'s price to an all-time high of $73,803.25 in March, having spent much of 2023 slowly recovering from 2022\'s dramatic plunge. On Thursday the world\'s biggest cryptocurrency was trading at $63,800.\nBitcoin and other cryptocurrencies have been supported by excitement around the U.S. Securities and Exchange Commission\'s decision in January to approve spot bitcoin exchange-traded funds, as well as expectations that central banks will cut interest rates.\nPrevious halvings occurred in 2012, 2016 and 2020. Some crypto fans point to price rallies that followed them as a sign that bitcoin\'s next halving will boost its price, but many analysts are sceptical.\n"We do not expect bitcoin price increases post halving as it has been already priced in," JP Morgan analysts wrote this week.\nThey expect bitcoin\'s price to fall after the halving, because it is "overbought" and venture capital funding for the crypto industry has been "subdued" this year.\nFinancial regulators have long warned that bitcoin is a high-risk asset, with limited real-world uses, although more have begun to approve bitcoin-linked trading products.\nAndrew O\'Neill, a crypto analyst at S&P Global, said he was "somewhat sceptical of the lessons that can be taken in terms of price prediction from previous halvings."\n"It\'s only one factor in a multitude of factors that can drive price," he said.\nBitcoin has struggled for direction since March\'s record high and fallen in the last two weeks as geopolitical tensions and expectations that central banks will keep rates higher for longer unnerved global markets.\n(Reporting by Elizabeth Howcroft, Kanjyik Ghosh and Urvi Dugar; Editing by Tommy Reggiori Wilkes, Toby Chopra and Cynthia Osterman)', 'By Elizabeth Howcroft\nLONDON (Reuters) -Bitcoin, the world\'s largest cryptocurrency, on Friday completed its "halving," a phenomenon that happens roughly every four years, according to according to CoinGecko, a cryptocurrency data and analysis company.\nBitcoin was fairly stable immediately afterward, falling 0.47% to $63,747.\nBitcoin enthusiasts had eagerly waited for the "halving"- a change to the cryptocurrency\'s underlying technology designed to cut the rate at which new bitcoins are created.\nThe halving was written into bitcoin\'s code at its inception by pseudonymous creator Satoshi Nakamoto as a way to reduce the rate at which bitcoins are created.\nChris Gannatti, global head of research at asset manager WisdomTree, which markets bitcoin exchange-traded funds, called the halving "one of the biggest events in crypto this year".\nFor some crypto fans, the halving will underscore bitcoin\'s value as an increasingly scarce commodity. Nakamoto capped bitcoin supply at 21 million tokens. But sceptics see it as little more than a technical change talked up by speculators to inflate the virtual currency\'s price.\nThe operation works by halving the rewards cryptocurrency miners receive for creating new tokens, making it more expensive for them to put new bitcoins into circulation.\nIt follows a surge in bitcoin\'s price to an all-time high of $73,803.25 in March, having spent much of 2023 slowly recovering from 2022\'s dramatic plunge. On Thursday the world\'s biggest cryptocurrency was trading at $63,800.\nBitcoin and other cryptocurrencies have been supported by excitement around the U.S. Securities and Exchange Commission\'s decision in January to approve spot bitcoin exchange-traded funds, as well as expectations that central banks will cut interest rates.\nPrevious halvings occurred in 2012, 2016 and 2020. Some crypto fans point to price rallies that followed them as a sign that bitcoin\'s next halving will boost its price, but many analysts are sceptical.\n"We do not expect bitcoin price increases post halving as it has been already priced in," JP Morgan analysts wrote this week.\nThey expect bitcoin\'s price to fall after the halving, because it is "overbought" and venture capital funding for the crypto industry has been "subdued" this year.\nFinancial regulators have long warned that bitcoin is a high-risk asset, with limited real-world uses, although more have begun to approve bitcoin-linked trading products.\nAndrew O\'Neill, a crypto analyst at S&P Global, said he was "somewhat sceptical of the lessons that can be taken in terms of price prediction from previous halvings."\n"It\'s only one factor in a multitude of factors that can drive price," he said.\nBitcoin has struggled for direction since March\'s record high and fallen in the last two weeks as geopolitical tensions and expectations that central banks will keep rates higher for longer unnerved global markets.\n(Reporting by Elizabeth Howcroft, Kanjyik Ghosh and Urvi Dugar;Editing by Tommy Reggiori Wilkes, Toby Chopra and Cynthia Osterman)', 'By Elizabeth Howcroft\nLONDON (Reuters) -Bitcoin, the world\'s largest cryptocurrency, on Friday completed its "halving," a phenomenon that happens roughly every four years, according to according to CoinGecko, a cryptocurrency data and analysis company.\nBitcoin was fairly stable immediately afterward, falling 0.47% to $63,747.\nBitcoin enthusiasts had eagerly waited for the "halving"- a change to the cryptocurrency\'s underlying technology designed to cut the rate at which new bitcoins are created.\nThe halving was written into bitcoin\'s code at its inception by pseudonymous creator Satoshi Nakamoto as a way to reduce the rate at which bitcoins are created.\nChris Gannatti, global head of research at asset manager WisdomTree, which markets bitcoin **Last 60 Days of Bitcoin's Closing Prices:** [52284.88, 51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-20 **Financial & Commodity Data:** - Gold Closing Price: $2398.40 - Crude Oil Closing Price: $83.14 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,274,022,483,569 - Hash Rate: 558271812.4211017 - Transaction Count: 631001.0 - Unique Addresses: 455683.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.66 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: In a series of strategic moves that underline its commitment to cryptocurrency, El Salvador continues to deepen its engagement with the digital currency market, particularly bitcoin {{BTC}}. President Nayib Bukele recently announced El Salvador's plan to buy one bitcoin every day, aiming to continue this practice until it becomes unaffordable with fiat currencies. This initiative has pushed the nation's bitcoin holdings to a substantial total of 5,690 BTC, valued at approximately $400 million. This feature is part of CoinDesk’s “Future of Bitcoin” package published to coincide with the fourth Bitcoin “halving” in April 2024. Tatiana Koffman leads investment firm Moonwalker Capital, is the author of the popular financial newsletterMythOfMoney.com. In tandem with its cryptocurrency endeavors, El Salvador has made a bold statement in the global investment landscape by eliminating income tax for international investments and money transfers. This tax cut, from 30%-0%, is designed to attract foreign investors and boost economic growth. The country's commitment to bitcoin was further highlighted this week as it transferred more than 5,000 BTC into a cold wallet. President Bukele disclosed that a significant portion of these assets, amounting to $400 million worth of bitcoin, has been moved to an offline device stored in a physical vault within the nation's territory. This move to secure the digital assets in a "Bitcoin piggy bank" marks a significant step in El Salvador's financial strategy, offering a higher level of security and signaling strong faith in the cryptocurrency's future. The decision to make the transfer to a cold wallet came after El Salvador's bitcoin treasury swelled unexpectedly, nearly doubling its previously known stash. The country had been acquiring bitcoin through various means, including daily purchases, sales of passports, currency conversions for businesses, mining and government services. This approach has dramatically increased El Salvador's bitcoin holdings, which were believed to be less than 3,000 BTC before this revelation. See also:El Salvador Holds More Bitcoin Than Expected El Salvador's pioneering stance on bitcoin began in September 2021 when it became the first country to adopt the digital currency as legal tender. Since then, bitcoin's value has seen significant fluctuations, recently hitting a record high of $73,800. The country's ongoing daily bitcoin purchases and the creation of a tax-free crypto haven powered by geothermal energy from a volcano showcase its innovative approach to harnessing cryptocurrency for economic development. President Bukele's vision extends beyond merely accumulating bitcoin; he envisions transforming El Salvador into a wealthy nation through strategic investments and initiatives related to the digital currency. Despite criticisms and warnings from international bodies like the International Monetary Fund (IMF), El Salvador's commitment to its bitcoin strategy remains steadfast, with the nation showing no signs of divesting from the cryptocurrency. El Salvador's bold foray into the world of bitcoin and its efforts to create a conducive environment for cryptocurrency investments reflect a significant shift in how nations perceive and engage with digital currencies. As the country continues its bitcoin acquisition program and enhances its cryptocurrency infrastructure, it sets a precedent for others to follow, potentially reshaping the global financial landscape in the process.... - Reddit Posts (Sample): [['u/Key-Leg5077', 'Should I purchase a condo to live in $400k? or keep renting $1200? 31M', 73, '2024-04-20 00:01', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/', 'Hi all, \n\nI work as an apprentice plumber. Made $85k last year with overtime. Got a raise this year and my base wage for 40 x 52 is $85k, might make $100k with overtime. My income is around $1k - $1.2k a week after taxes and deductions. \n\nOnce I get my license in a couple years I would make more with my additional raises. \n\nCurrently deduct 5% of my pay to get the max employer match. \n\nI get $1500 in benefits per year which I use mostly for dental. $200 for work boots, $200 for work pants. $40/month for cell phone (my plan is $37/month)\n\nHave a beat up car that has been reliable for me. Pay $130 for insurance and use a quarter tank of gas a week. Costs $100 to fill up.\n\nRight now I am living very comfortably paying $1200 for rent in a basement apartment.\n\nI invest $125 a week into XEQT in my TFSA and I put my RRSP contributions into XEQT also. \n\nCheapest condos in my area are $400k. I am not looking for a huge place, just want to be close to work, and maybe later on Ill move up to northern Ontario and buy a house.\n\n$111k in my TFSA (XEQT)\n\n$16.2k FHSA (Cash.TO)\n\n$20k Cash (5% interest)\n\n$16k RRSP (XEQT)\n\nAll together I have around $150k in liquid assets and I have alternate investments like Bitcoin and I have some Pokémon collectibles worth some money. \n\nI used a calculator and If I bought a Condo for $400k and had a 20% down payment of $80k with a mortgage rate of 5% I would pay $1706/month on the mortgage. \n\nI can see condo fees being $300/month/\n\nBasically $2k for housing monthly costs. \n\nWorth? \n\n\n\n', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/', '1c89av6', [['u/_Echoes_', 17, '2024-04-20 00:15', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0d4be3/', 'Mans looking for a lead on a condo to swoop in on XD', '1c89av6'], ['u/outforthedayhiking', 193, '2024-04-20 00:20', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0d51ye/', 'You need to add property taxes and home insurance.', '1c89av6'], ['u/KS_tox', 56, '2024-04-20 01:15', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0ddbeb/', "Condo fee is only 300? It means most likely it doesn't cover all utilities so add 200-250 more plus 100-200 taxes. So in total 1700+300+250+200 =~2450.\n\nYou are clearly better off renting at the moment. Keep making more money on every opportunity, keep jacking up the down payment..when you reach a point where buying is within +5-10% range..go ahead and buy", '1c89av6'], ['u/Lumpy_Bravura', 35, '2024-04-20 01:23', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dedkq/', 'If you have cheap rent and a high income, take advantage to save and invest as much as you can. You can pay cash for a condo later. If your rent was closer to condo carrying cost, then I would consider buying. I had extremely cheap rent for 17 years and a six figure salary. When my landlord sold and I was forced to move. I paid cash for a small house, renovated it to new standards, rented out the basement and retired.', '1c89av6'], ['u/pumpkinsoupe', 17, '2024-04-20 01:32', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dflzo/', "Weathsimple's TLDR had a guide on this a few weeks ago: [https://tldr-archive.wealthsimple.com/archive/33-🏠-lets-play-rent-or-buy](https://tldr-archive.wealthsimple.com/archive/33-🏠-lets-play-rent-or-buy)\n\nPurchasing requires you to consider a lot of things besides the price though. I am dying to know what Pokemon card assets you have that they're wroth mentioning along with Bitcoin and other liquid assets.", '1c89av6'], ['u/Lightning_Catcher258', 10, '2024-04-20 01:37', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dgafw/', "I'd keep renting. Condos are such a poor investment in my opinion. You basically own a home without the benefits of it. I've done it myself. Not worth it.", '1c89av6'], ['u/foo-bar-nlogn-100', 40, '2024-04-20 01:38', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dgjjw/', "Renting. You have a good life and are saving lots. Why would you want to buy a condo and pay more for less quality of life.\n\nIf your rent wss like 2K, then a condo would make sense but at 1200, ur life is good. Something breaks, call the landlord.\n\nAlso, collect 4.5% in a HISA, and you're making almost 4K in risk free return off rhat 80K downpayment.\n\n\nYou can move at anytime.", '1c89av6'], ['u/Key-Leg5077', 11, '2024-04-20 01:49', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dhz5h/', 'True. Thanks. My plan is to put the $40k into my FHSA and then get all the tax returns and put it into the down payment, hopefully I wont need to touch my TFSA.', '1c89av6'], ['u/Raincouver8888', 31, '2024-04-20 02:02', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0djres/', 'Not everyone that buy a condo bought it for investment.', '1c89av6'], ['u/jeffbertrand', 14, '2024-04-20 02:10', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dkwis/', 'People say owning a house is a better investment than a condo but a house is exponentially more expensive than a condo. Also condos can typically be purchased in more desirable neighborhoods depending on your budget vs a house in the same neighborhood.', '1c89av6'], ['u/Key-Leg5077', 24, '2024-04-20 02:55', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0dr8t3/', 'A loser making money, so therefore a winner.', '1c89av6'], ['u/corysgraham', 14, '2024-04-20 03:15', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0du5pm/', '"The 5% Rule" by Ben Felix. Have a watch on YouTube. \n\nto:dr For a 500k purchase price, if you rent for less than $2000/mo you are better off financially renting.', '1c89av6'], ['u/JustAPairOfMittens', 11, '2024-04-20 04:14', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0e26k9/', 'Enjoy both of those going up big time.\n\nMine were $120 and $3,300 2 years ago in NB. \n\nThey are now $179 and $4860. \n\nWelcome to re-zoning. Extra benefit of being in a new "county" with twice the potholes!!', '1c89av6'], ['u/calissetabernac', 40, '2024-04-20 04:42', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0e5um5/', 'And closing costs, land transfer tax. What else? Anyone? 😁', '1c89av6'], ['u/irate_wizard', 12, '2024-04-20 06:20', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0ehp4i/', 'Risks of special assessment.', '1c89av6'], ['u/fuzzy_bud13', 20, '2024-04-20 06:49', 'https://www.reddit.com/r/PersonalFinanceCanada/comments/1c89av6/should_i_purchase_a_condo_to_live_in_400k_or_keep/l0ektpm/', 'Utilities!', '1c89av6']]], ['u/ddoonnaalldd', 'Happy Halving to those who celebrate 🎉 ', 24, '2024-04-20 00:11', 'https://www.reddit.com/r/BEFire/comments/1c89j03/happy_halving_to_those_who_celebrate/', 'Bitcoin will go through Its fourth Halving tonight.', 'https://www.reddit.com/r/BEFire/comments/1c89j03/happy_halving_to_those_who_celebrate/', '1c89j03', [['u/Numerous_Walk_7613', 19, '2024-04-20 02:30', 'https://www.reddit.com/r/BEFire/comments/1c89j03/happy_halving_to_those_who_celebrate/l0dnqpr/', 'And that on 4/20. What a day', '1c89j03']]], ['u/Rattlesnake_Mullet', "Happy halving, brothers and sisters. It was a pleasure to hodl with you through this reward era. Here's to the next one.", 1072, '2024-04-20 00:58', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/', "I said it [four years ago](https://old.reddit.com/r/Bitcoin/comments/ghukdf/happy_block_nr_630000_brothers_and_sisters_it_was/) and I plan to say it in four years: \n\nIt was a pleasure to hodl with you through this reward era. Here's to the next one.\n\nThis is a historic time to reminisce and to reflect.\n\nA shit load has happened in the past four years, in life, in Bitcoin, in the world. Good and bad, everything.\n\nFTX, shitcoin casinos tanking left and right, El Salvador, Saylor, Covid lockdowns, brutal bear market, then the bull with a new ath before the halving (first in Bitcoin's history), ETF approval and on and on.\n\nHoly shit, what a ride it's been.\n\nCheers to each and every hodler out there in the world.\n\nWe'll meet again in 2028!", 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/', '1c8alvt', [['u/noctisnah', 10, '2024-04-20 01:05', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0dbvme/', 'God bless', '1c8alvt'], ['u/heinrichpelser', 24, '2024-04-20 01:09', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0dce67/', 'ETF approval - Check \nBitcoin halving - Check\nWhat’s next? Pump and dump summer', '1c8alvt'], ['u/Honest_Path_5356', 186, '2024-04-20 01:51', 'https://www.reddit.com/r/Bitcoin/comments/1c8alvt/happy_halving_brothers_and_sisters_it_was_a/l0di87k/', 'Pizza party everyon... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Ever since it went public almost exactly three years ago,Coinbase Global(NASDAQ: COIN)has been one of the most talked about, most analyzed, and most polarizing crypto stocks. On the one hand, its price is up 209% over the past 12 months, and more than 300% over the past 24 months. On the other, naysayers assert that the stock is overvalued.\nFair enough. By some metrics,Coinbasedoes appear to be richly valued at this point. But there are two under-the-radar reasons why you should still be thinking about buying Coinbase stock like there\'s no tomorrow.\nThe big game-changer for Coinbase is that it finally seems to be figuring out how to make money in all market conditions. That will help to address a major complaint with Coinbase -- that it\'s too dependent on the vagaries of the crypto market. When crypto prices are rising, Coinbase will profit from trading fees. But what happens when the market goes south, as it did in 2022? Retail investors disappear, transaction revenue dries up, and Coinbase faces a lot of difficult questions from Wall Street analysts.\nSo that\'s why it\'s worth taking a closer look at Coinbase\'s non-transaction revenue, which comes from four "subscription and services" items: stablecoin revenue, custodial fees, blockchain rewards, and interest income. Its revenues from these sources continue to expand, and are starting to account for a bigger slice of the top line. For example, subscription and services revenue was up 78% in 2023. When Coinbase last reported quarterly earnings in February, this figure was up 12% from the previous quarter. These new revenue sources are helping to smooth out the impact of the crypto market\'s ebbs and flows on its results.\nIn 2024, the primary non-transaction revenue item I\'m keeping my eye on is custodial fees. As of January, Coinbase was the custodian for eight of the 11 new spotBitcoin(CRYPTO: BTC)ETFs. That\'s a big deal since these ETFs now have more than $30 billion in assets under management. Coinbase is essentially making money by looking after Wall Street\'s Bitcoin. As long as investors keep putting funds into these Bitcoin ETFs, Coinbase will continue to make money from custodial fees.\nThe second big game-changer for Coinbase is something called Base, which is a blockchain that the company launched in August. At the time, Coinbase got a lot of attention for being the first publicly traded company with its own blockchain, but nobody really knew what that would mean in terms of growth.\nWell, nearly nine months later, we\'re starting to get an idea of what Base is all about, and quite frankly, I\'m blown away. Base has already become a mini-innovation engine inside Coinbase that few people really know about or understand.\nFor institutional investors, Base has become a platform for testing out new concepts related todecentralized finance(DeFi). For retail investors, Base has become a go-to destination for trading meme coins. There have been so many new projects launched on Base that some have even compared it to an "earlySolana."\nI\'m particularly impressed by the amount of trading activity taking place on Base. Normally, we think of Coinbase as a centralized cryptocurrency exchange where investors trade in approximately 250 different cryptos. So you would expect the trading on its main platform to dwarf anything happening on Base.\nThat doesn\'t appear to be the case. As of March, decentralized crypto exchanges on Base are now seeing 24-hour trading volumes of more than $1 billion per day. That is almost exactly the same amount of 24-hour trading volume that Coinbase sees on its main platform for Bitcoin.\n"OK, OK," you\'re probably thinking. "Sounds great, but given all that, why is Cathie Wood of Ark Invest dumping Coinbase stock?" In a single week in March, for example, Ark Invest sold more than $150 million worth of Coinbase. The easy narrative here would be that she\'s simply given up on the stock.\nBut I think a big reason for those sales involves portfolio rebalancing. The valuation of Coinbase has increased so quickly that Ark Invest now needs to pare back its positions. Ark Invest says that no position in any of its ETFs will exceed 10% of the fund\'s total portfolio value, and keeping its Coinbase positions below that threshold\xa0 has required it to sell shares. So I\'m not particularly concerned that we keep hearing about Wood and Ark Invest selling Coinbase.\nAs a long-term investment, Coinbase continues to make sense. And with this month\'s Bitcoin halving, the price of all cryptos should continue to go up across the board. That\'s obviously good news for Coinbase\'s core business. Now that the company also has these two other under-the-radar factors working in its favor, these could be the secret to outperforming the market for years to come.\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $466,882!*\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*.\nSee the 10 stocks »\n*Stock Advisor returns as of April 15, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, and Solana. The Motley Fool has adisclosure policy.\n2 Completely Under-the-Radar Reasons to Buy Coinbase Stock Like There\'s No Tomorrowwas originally published by The Motley Fool', 'There\'s been a recent surge in investor interest in projects that are operating at the convergence of the artificial intelligence (AI) and cryptocurrency spaces. In 2024, as excitement about AI reached new heights, numerous cryptocurrencies that branded themselves as AI-related solutions have experienced significant gains.\nWhile the intersection of these technologies presents intriguing possibilities, the recent spike in interest may have inflated the values of many AI-branded cryptocurrencies. In typical crypto-market fashion, amid the noise, only a handful of these projects are likely to stand the test of time and hold their value.\nIn my view,Render(CRYPTO: RNDR)andBittensor(CRYPTO: TAO) hold true potential for long-term growth and offer genuine utility beyond the hype.\nRender is ablockchainnetwork that aims to democratize access to the resources needed for content rendering, particularly video cards (GPUs). Founded in 2017, Render emerged from the ambitious idea of utilizing blockchain technology to revolutionize graphics rendering.\nRendering -- the process of creating highly realistic images from 3D models -- requires significant time and hardware, especially to meet the high visual standards that viewers have for today\'s cinema, video games, and other virtual creations. Render\'s blockchain connects users requiring GPU computing power with those possessing it, enabling creators to produce high-quality 3D content without the need to purchase expensive hardware.\nRender\'s dynamic pricing system evaluates each GPU workload for rendering and efficiently distributes project tasks among available GPUs on its network. A sophisticated algorithm optimizes resource allocation, with the selected GPUs rendering the design and producing the required output. Content creators compensate GPU providers using RNDR tokens, based on the rendering task\'s complexity and resource usage.\nBeyond its technological potential, Render has a sound token model that should bolster its value. Following a burn-and-mint system, users pay for rendering tasks with dollars and then an equivalent amount of tokens are burned. The total supply that can be created is capped at 536,870,912 tokens, and roughly 70% of those are currently in circulation. It had minimal private sales in its early years, with the vast majority of the token supply in the hands of the public, a true rarity these days.\nWhile Render initially aimed to revolutionize graphic rendering, its innovative design offers vast potential for various AI applications as well as in the metaverse. For creators looking to leverage generative AI to create video, animations, and photos, Render\'s distributed network could prove to be invaluable. In addition, as the spatial web -- aka, the metaverse -- continues to evolve, there will be increasing demand for GPU resources to produce high-quality 3D renderings and photorealistic holograms.\nBittensor represents a decentralized network of artificial intelligence models. Its miners form the backbone of the network, providing users with access to a diverse range of models to tackle various AI tasks.\nTo grasp Bittensor\'s capabilities, let\'s contrast it with ChatGPT. While renowned for its human-like responses and widespread adoption, ChatGPT isn\'t without limitations: One could describe it as being akin to a single student in a classroom who has broad knowledge, but lacks depth in nuanced subjects. Bittensor, on the other hand, offers access to a multitude of AI models, each specialized in distinct tasks, effectively giving users access to an entire "university" compared to just one "student."\nMoreover, Bittensor fosters a collaborative environment in which models can learn from one another, breaking down the silos that confine traditional AI models like ChatGPT. This approach not only mitigates censorship resistance, but also promotes greater capabilities in those models. In essence, Bittensor aims to be the AI equivalent ofBitcoin(CRYPTO: BTC), with miners rewarded for providing access to AI models, and users benefiting from decentralized, trustworth **Last 60 Days of Bitcoin's Closing Prices:** [51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-21 **Financial & Commodity Data:** - Gold Closing Price: $2398.40 - Crude Oil Closing Price: $83.14 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,276,015,980,888 - Hash Rate: 601215797.9919556 - Transaction Count: 641668.0 - Unique Addresses: 484762.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin opened the week as the top blockchain for non-fungible tokens (NFT) on Monday, with sales skyrocketing by 74% in the past 24 hours. The blockchain recorded US$21.11 million in sales, a substantial increase from Sunday’s US$12.13 million, according to CryptoSlam data. The number of transactions also rose 17% from 5,773 to 6,759 transactions. Monday’s sales volume experienced a decline of approximately US$1 million from Friday. Like Friday, Ethereum and Solana ranked second and third respectively in the past 24 hours. Ethereum experienced a sales decrease of 21%, with a total sales volume of US$12.41 million. Solana, on the other hand, saw a sales increase of 32%, with a total sales volume of US$10 million. Solana has been the big story for the industry in recent days, with the network’s native cryptocurrency flipping BNB on Monday to become the fourth-largest cryptocurrency by market capitalization. SOL was trading at US$199 at 2:30 p.m. ET.... - Reddit Posts (Sample): [['u/JJonesProd', "Why couldn't Shib beat Doge?", 16, '2024-04-21 01:48', 'https://www.reddit.com/r/shib/comments/1c942ud/why_couldnt_shib_beat_doge/', "Serious question because I am new to Crypto but it took 8 years for Doge to break 0.01 and that was before Crypto was a thing or worth anything. Now there are over seas companies and governments taking bitcoin over the US dollar. Crypto coin has been halved, instead of 6 and change it is now 3 and change. It is also harder to mine so I could see bitcoin miners moving thier money to Shib and Doge as a way to make profits. Shib is something that the normal person can get into compared to bitcoin. Doge is now 0.16 per share and can still go up but there are tons of people buying Shib. It is all over the news and social media sites. There are more eyes on Shib now then there was on Doge when it was where Shib is now. With the company burning tokens and other millionaires burning tokens I just don't see how Shib wouldn't sky rocket. I wish I had more money to put into it but I still put in what I can. I just don't see with everything that Shib wouldn't beat out Doge hitting the 0.01 before they did. Thoughts??? Or am I not even close?", 'https://www.reddit.com/r/shib/comments/1c942ud/why_couldnt_shib_beat_doge/', '1c942ud', [['u/GetBent1990', 17, '2024-04-21 01:56', 'https://www.reddit.com/r/shib/comments/1c942ud/why_couldnt_shib_beat_doge/l0iy92t/', '142 billion DOGE - 582,861,833,239,519 SHIB ;;; there is your answer.', '1c942ud'], ['u/SilentOcelot4146', 14, '2024-04-21 02:20', 'https://www.reddit.com/r/shib/comments/1c942ud/why_couldnt_shib_beat_doge/l0j1rcf/', 'The price per token/coin/share is a small part of it, you need to look at the market cap. For example, Autozone is 3k a share, Apple is 160 a share. Apple as a company is worth nearly 50x as much.', '1c942ud'], ['u/Mj_6o4', 14, '2024-04-21 05:06', 'https://www.reddit.com/r/shib/comments/1c942ud/why_couldnt_shib_beat_doge/l0joha0/', 'Shib is in a different category than doge though...\n\nDoge like many other moonshot shit coins has nothing going for it.\n\nShib has a lot of stuff already made and a road map for the future..\n\nIt has a network (shibarium)\nIt has a dex (shibaswap)\nA dao (doggy dao)\nA game (shiba eternity)\nAn nft collection (the shiboshis)\nA metaverse project in development\n\nAnd I think more unique addresses hold shiba inu than any other coin on the ethereum network.', '1c942ud']]], ['u/JJonesProd', "Could Shib beat Doge's 8 years to hit 0.01?", 27, '2024-04-21 01:49', 'https://www.reddit.com/r/Shibainucoin/comments/1c943l4/could_shib_beat_doges_8_years_to_hit_001/', "Serious question because I am new to Crypto but it took 8 years for Doge to break 0.01 and that was before Crypto was a thing or worth anything. Now there are over seas companies and governments taking bitcoin over the US dollar. Crypto coin has been halved, instead of 6 and change it is now 3 and change. It is also harder to mine so I could see bitcoin miners moving thier money to Shib and Doge as a way to make profits. Shib is something that the normal person can get into compared to bitcoin. Doge is now 0.16 per share and can still go up but there are tons of people buying Shib. It is all over the news and social media sites. There are more eyes on Shib now then there was on Doge when it was where Shib is now. With the company burning tokens and other millionaires burning tokens I just don't see how Shib wouldn't sky rocket. I wish I had more money to put into it but I still put in what I can. I just don't see with everything that Shib wouldn't beat out Doge hitting the 0.01 before they did. Thoughts??? Or am I not even close?", 'https://www.reddit.com/r/Shibainucoin/comments/1c943l4/could_shib_beat_doges_8_years_to_hit_001/', '1c943l4', [['u/snoopy_light', 14, '2024-04-21 02:12', 'https://www.reddit.com/r/Shibainucoin/comments/1c943l4/could_shib_beat_doges_8_years_to_hit_001/l0j0m0y/', 'Yes it can if they burn trillions', '1c943l4']]], ['u/prncemirsky', 'Bitcoin ATM in Waterview laundromat', 86, '2024-04-21 03:02', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/', 'Posted without comment.', 'https://www.reddit.com/gallery/1c95l42', '1c95l42', [['u/prncemirsky', 14, '2024-04-21 03:07', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0j8j5u/', 'As far as I can tell, this is for purchasing Bitcoin as opposed to spending it. Wash your clothes and your cash at the same time.', '1c95l42'], ['u/logantauranga', 77, '2024-04-21 03:07', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0j8l9e/', 'Does this money-laundering machine have a delicate spin cycle?', '1c95l42'], ['u/Mort450', 56, '2024-04-21 03:12', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0j982z/', 'Looks like something that will definitely steal your data and wallet holdings', '1c95l42'], ['u/babycleffa', 18, '2024-04-21 04:11', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0jhhi4/', 'Bitcoin atms should be highly regulated if not banned\n\nThey’re typically used by people being scammed, and the business housing the atm gets a cut \n\nIt’s disgusting', '1c95l42'], ['u/Unfair_Explanation53', 10, '2024-04-21 04:33', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0jkbdc/', "I don't think there are many elderly using digital currency.\n\nMost of the elderly I know won't even use paywave", '1c95l42'], ['u/weaz-am-i', 24, '2024-04-21 05:54', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0jtzii/', "PM me your private keys, and I'll check on the database to see if they have been exposed.", '1c95l42'], ['u/hick-from-hicksville', 25, '2024-04-21 06:00', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0jup04/', 'You should break it open and steal all the bitcoin inside', '1c95l42']]], ['u/MaGiC-iNtErNeT-mOnEy', 'The "quadrupling"', 144, '2024-04-21 04:00', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/', 'Instead of the "halving" can we now all it the "quadrupling"? 🤣\n\nHere\'s a visual that shows the Bitcoin subsidy (6.25btc to 3.125btc) blue bars, and the Bitcoin fees, orange bars. Before and after the halving, block number 840,000.\n\nYou can see fees have exploded such that the reward and halving is so insignificant to the now very expensive fees, even still now that we\'re over a day out post halving.', 'https://i.redd.it/jnwtc7vepqvc1.jpeg', '1c96o4z', [['u/Horror_Rich4403', 46, '2024-04-21 04:14', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jhuts/', 'Can someone explain why fees jumped so much? Why were they pretty consistent right before?', '1c96o4z'], ['u/anyprophet', 33, '2024-04-21 04:21', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jiseo/', 'this post is a good rundown of it: https://www.reddit.com/r/Buttcoin/comments/1c8x7k2/why_bitcoin_transaction_fees_are_so_high_right/', '1c96o4z'], ['u/Horror_Rich4403', 26, '2024-04-21 04:32', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jk775/', 'The poster was right. This IS very hilarious and dumb!\xa0', '1c96o4z'], ['u/dyzo-blue', 96, '2024-04-21 04:33', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jkagf/', "People who make Ordinals paid extra fees to try to land their transaction exactly in the Halvening block, because somehow NFTs created within it should be more desirable. (Yeah, it's dumb.)\n\nThen all the wallets that suggest fees for transactions base it on averaging the fees from the last couple blocks. So the fees stay high indefinitely. (Yeah, it's that dumb.)", '1c96o4z'], ['u/Horror_Rich4403', 27, '2024-04-21 04:35', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jkjmn/', 'Seriously though are people still buying NFTs? Like truly the fad isn’t over?\xa0\n\nIf anything was to be compared to beanie babies, NFTs were truly it. If they’re mostly being used to wash trade, why would the fraudsters waste the money?', '1c96o4z'], ['u/WishboneHot8050', 27, '2024-04-21 04:43', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jlmsl/', "I was hoping for the spiral death loop scenario. That is the idea that half the miners would immediately unplug after the halving since they wouldn't be able to maintain profitability. And the reduction in overall hash rate would trigger even longer hash times between blocks for those that stayed on hashing. Thereby raising overall mining costs per block again, thereby causing other miners to unplug.\n\nNot happening today.", '1c96o4z'], ['u/lagerbaer', 25, '2024-04-21 05:00', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jnu7b/', 'Interestingly enough, no mention whatsoever of this on the bitcoin sub. As in, stupid high transaction fees.', '1c96o4z'], ['u/Ok-Row-6131', 14, '2024-04-21 05:02', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jnzk7/', 'This is amazingly dumb.', '1c96o4z'], ['u/dyzo-blue', 25, '2024-04-21 05:15', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jplws/', "I don't think there is much volume sold anymore.\n\nBut apparently there are still enough creepto-rich whales out there, who are fascinated enough, that they enjoy minting their own. By enough, I mean enough to cause the spike. It could just be a couple dozen nerds sitting on hundreds of BTC each.", '1c96o4z'], ['u/mechanicalcontrols', 10, '2024-04-21 07:45', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0k5cq6/', "Every time we think we've seen the bottom, the crypto bros dig deeper to a new level of stupid.", '1c96o4z'], ['u/mechanicalcontrols', 11, '2024-04-21 07:45', 'https://www.reddit.com/r/Buttcoin/comments/1c96o... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Ever since it went public almost exactly three years ago,Coinbase Global(NASDAQ: COIN)has been one of the most talked about, most analyzed, and most polarizing crypto stocks. On the one hand, its price is up 209% over the past 12 months, and more than 300% over the past 24 months. On the other, naysayers assert that the stock is overvalued.\nFair enough. By some metrics,Coinbasedoes appear to be richly valued at this point. But there are two under-the-radar reasons why you should still be thinking about buying Coinbase stock like there\'s no tomorrow.\nThe big game-changer for Coinbase is that it finally seems to be figuring out how to make money in all market conditions. That will help to address a major complaint with Coinbase -- that it\'s too dependent on the vagaries of the crypto market. When crypto prices are rising, Coinbase will profit from trading fees. But what happens when the market goes south, as it did in 2022? Retail investors disappear, transaction revenue dries up, and Coinbase faces a lot of difficult questions from Wall Street analysts.\nSo that\'s why it\'s worth taking a closer look at Coinbase\'s non-transaction revenue, which comes from four "subscription and services" items: stablecoin revenue, custodial fees, blockchain rewards, and interest income. Its revenues from these sources continue to expand, and are starting to account for a bigger slice of the top line. For example, subscription and services revenue was up 78% in 2023. When Coinbase last reported quarterly earnings in February, this figure was up 12% from the previous quarter. These new revenue sources are helping to smooth out the impact of the crypto market\'s ebbs and flows on its results.\nIn 2024, the primary non-transaction revenue item I\'m keeping my eye on is custodial fees. As of January, Coinbase was the custodian for eight of the 11 new spotBitcoin(CRYPTO: BTC)ETFs. That\'s a big deal since these ETFs now have more than $30 billion in assets under management. Coinbase is essentially making money by looking after Wall Street\'s Bitcoin. As long as investors keep putting funds into these Bitcoin ETFs, Coinbase will continue to make money from custodial fees.\nThe second big game-changer for Coinbase is something called Base, which is a blockchain that the company launched in August. At the time, Coinbase got a lot of attention for being the first publicly traded company with its own blockchain, but nobody really knew what that would mean in terms of growth.\nWell, nearly nine months later, we\'re starting to get an idea of what Base is all about, and quite frankly, I\'m blown away. Base has already become a mini-innovation engine inside Coinbase that few people really know about or understand.\nFor institutional investors, Base has become a platform for testing out new concepts related todecentralized finance(DeFi). For retail investors, Base has become a go-to destination for trading meme coins. There have been so many new projects launched on Base that some have even compared it to an "earlySolana."\nI\'m particularly impressed by the amount of trading activity taking place on Base. Normally, we think of Coinbase as a centralized cryptocurrency exchange where investors trade in approximately 250 different cryptos. So you would expect the trading on its main platform to dwarf anything happening on Base.\nThat doesn\'t appear to be the case. As of March, decentralized crypto exchanges on Base are now seeing 24-hour trading volumes of more than $1 billion per day. That is almost exactly the same amount of 24-hour trading volume that Coinbase sees on its main platform for Bitcoin.\n"OK, OK," you\'re probably thinking. "Sounds great, but given all that, why is Cathie Wood of Ark Invest dumping Coinbase stock?" In a single week in March, for example, Ark Invest sold more than $150 million worth of Coinbase. The easy narrative here would be that she\'s simply given up on the stock.\nBut I think a big reason for those sales involves portfolio rebalancing. The valuation of Coinbase has increased so quickly that Ark Invest now needs to pare back its positions. Ark Invest says that no position in any of its ETFs will exceed 10% of the fund\'s total portfolio value, and keeping its Coinbase positions below that threshold\xa0 has required it to sell shares. So I\'m not particularly concerned that we keep hearing about Wood and Ark Invest selling Coinbase.\nAs a long-term investment, Coinbase continues to make sense. And with this month\'s Bitcoin halving, the price of all cryptos should continue to go up across the board. That\'s obviously good news for Coinbase\'s core business. Now that the company also has these two other under-the-radar factors working in its favor, these could be the secret to outperforming the market for years to come.\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $466,882!*\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*.\nSee the 10 stocks »\n*Stock Advisor returns as of April 15, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, and Solana. The Motley Fool has adisclosure policy.\n2 Completely Under-the-Radar Reasons to Buy Coinbase Stock Like There\'s No Tomorrowwas originally published by The Motley Fool', 'There\'s been a recent surge in investor interest in projects that are operating at the convergence of the artificial intelligence (AI) and cryptocurrency spaces. In 2024, as excitement about AI reached new heights, numerous cryptocurrencies that branded themselves as AI-related solutions have experienced significant gains.\nWhile the intersection of these technologies presents intriguing possibilities, the recent spike in interest may have inflated the values of many AI-branded cryptocurrencies. In typical crypto-market fashion, amid the noise, only a handful of these projects are likely to stand the test of time and hold their value.\nIn my view,Render(CRYPTO: RNDR)andBittensor(CRYPTO: TAO) hold true potential for long-term growth and offer genuine utility beyond the hype.\nRender is ablockchainnetwork that aims to democratize access to the resources needed for content rendering, particularly video cards (GPUs). Founded in 2017, Render emerged from the ambitious idea of utilizing blockchain technology to revolutionize graphics rendering.\nRendering -- the process of creating highly realistic images from 3D models -- requires significant time and hardware, especially to meet the high visual standards that viewers have for today\'s cinema, video games, and other virtual creations. Render\'s blockchain connects users requiring GPU computing power with those possessing it, enabling creators to produce high-quality 3D content without the need to purchase expensive hardware.\nRender\'s dynamic pricing system evaluates each GPU workload for rendering and efficiently distributes project tasks among available GPUs on its network. A sophisticated algorithm optimizes resource allocation, with the selected GPUs rendering the design and producing the required output. Content creators compensate GPU providers using RNDR tokens, based on the rendering task\'s complexity and resource usage.\nBeyond its technological potential, Render has a sound token model that should bolster its value. Following a burn-and-mint system, users pay for rendering tasks with dollars and then an equivalent amount of tokens are burned. The total supply that can be created is capped at 536,870,912 tokens, and roughly 70% of those are currently in circulation. It had minimal private sales in its early years, with the vast majority of the token supply in the hands of the public, a true rarity these days.\nWhile Render initially aimed to revolutionize graphic rendering, its innovative design offers vast potential for various AI applications as well as in the metaverse. For creators looking to leverage generative AI to create video, animations, and photos, Render\'s distributed network could prove to be invaluable. In addition, as the spatial web -- aka, the metaverse -- continues to evolve, there will be increasing demand for GPU resources to produce high-quality 3D renderings and photorealistic holograms.\nBittensor represents a decentralized network of artificial intelligence models. Its miners form the backbone of the network, providing users with access to a diverse range of models to tackle various AI tasks.\nTo grasp Bittensor\'s capabilities, let\'s contrast it with ChatGPT. While renowned for its human-like responses and widespread adoption, ChatGPT isn\'t without limitations: One could describe it as being akin to a single student in a classroom who has broad knowledge, but lacks depth in nuanced subjects. Bittensor, on the other hand, offers access to a multitude of AI models, each specialized in distinct tasks, effectively giving users access to an entire "university" compared to just one "student."\nMoreover, Bittensor fosters a collaborative environment in which models can learn from one another, breaking down the silos that confine traditional AI models like ChatGPT. This approach not only mitigates censorship resistance, but also promotes greater capabilities in those models. In essence, Bittensor aims to be the AI equivalent ofBitcoin(CRYPTO: BTC), with miners rewarded for providing access to AI models, and users benefiting from decentralized, trustworth **Last 60 Days of Bitcoin's Closing Prices:** [51839.18, 51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-21 **Financial & Commodity Data:** - Gold Closing Price: $2398.40 - Crude Oil Closing Price: $83.14 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,276,015,980,888 - Hash Rate: 601215797.9919556 - Transaction Count: 641668.0 - Unique Addresses: 484762.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin opened the week as the top blockchain for non-fungible tokens (NFT) on Monday, with sales skyrocketing by 74% in the past 24 hours. The blockchain recorded US$21.11 million in sales, a substantial increase from Sunday’s US$12.13 million, according to CryptoSlam data. The number of transactions also rose 17% from 5,773 to 6,759 transactions. Monday’s sales volume experienced a decline of approximately US$1 million from Friday. Like Friday, Ethereum and Solana ranked second and third respectively in the past 24 hours. Ethereum experienced a sales decrease of 21%, with a total sales volume of US$12.41 million. Solana, on the other hand, saw a sales increase of 32%, with a total sales volume of US$10 million. Solana has been the big story for the industry in recent days, with the network’s native cryptocurrency flipping BNB on Monday to become the fourth-largest cryptocurrency by market capitalization. SOL was trading at US$199 at 2:30 p.m. ET.... - Reddit Posts (Sample): [['u/JJonesProd', "Why couldn't Shib beat Doge?", 16, '2024-04-21 01:48', 'https://www.reddit.com/r/shib/comments/1c942ud/why_couldnt_shib_beat_doge/', "Serious question because I am new to Crypto but it took 8 years for Doge to break 0.01 and that was before Crypto was a thing or worth anything. Now there are over seas companies and governments taking bitcoin over the US dollar. Crypto coin has been halved, instead of 6 and change it is now 3 and change. It is also harder to mine so I could see bitcoin miners moving thier money to Shib and Doge as a way to make profits. Shib is something that the normal person can get into compared to bitcoin. Doge is now 0.16 per share and can still go up but there are tons of people buying Shib. It is all over the news and social media sites. There are more eyes on Shib now then there was on Doge when it was where Shib is now. With the company burning tokens and other millionaires burning tokens I just don't see how Shib wouldn't sky rocket. I wish I had more money to put into it but I still put in what I can. I just don't see with everything that Shib wouldn't beat out Doge hitting the 0.01 before they did. Thoughts??? Or am I not even close?", 'https://www.reddit.com/r/shib/comments/1c942ud/why_couldnt_shib_beat_doge/', '1c942ud', [['u/GetBent1990', 17, '2024-04-21 01:56', 'https://www.reddit.com/r/shib/comments/1c942ud/why_couldnt_shib_beat_doge/l0iy92t/', '142 billion DOGE - 582,861,833,239,519 SHIB ;;; there is your answer.', '1c942ud'], ['u/SilentOcelot4146', 14, '2024-04-21 02:20', 'https://www.reddit.com/r/shib/comments/1c942ud/why_couldnt_shib_beat_doge/l0j1rcf/', 'The price per token/coin/share is a small part of it, you need to look at the market cap. For example, Autozone is 3k a share, Apple is 160 a share. Apple as a company is worth nearly 50x as much.', '1c942ud'], ['u/Mj_6o4', 14, '2024-04-21 05:06', 'https://www.reddit.com/r/shib/comments/1c942ud/why_couldnt_shib_beat_doge/l0joha0/', 'Shib is in a different category than doge though...\n\nDoge like many other moonshot shit coins has nothing going for it.\n\nShib has a lot of stuff already made and a road map for the future..\n\nIt has a network (shibarium)\nIt has a dex (shibaswap)\nA dao (doggy dao)\nA game (shiba eternity)\nAn nft collection (the shiboshis)\nA metaverse project in development\n\nAnd I think more unique addresses hold shiba inu than any other coin on the ethereum network.', '1c942ud']]], ['u/JJonesProd', "Could Shib beat Doge's 8 years to hit 0.01?", 27, '2024-04-21 01:49', 'https://www.reddit.com/r/Shibainucoin/comments/1c943l4/could_shib_beat_doges_8_years_to_hit_001/', "Serious question because I am new to Crypto but it took 8 years for Doge to break 0.01 and that was before Crypto was a thing or worth anything. Now there are over seas companies and governments taking bitcoin over the US dollar. Crypto coin has been halved, instead of 6 and change it is now 3 and change. It is also harder to mine so I could see bitcoin miners moving thier money to Shib and Doge as a way to make profits. Shib is something that the normal person can get into compared to bitcoin. Doge is now 0.16 per share and can still go up but there are tons of people buying Shib. It is all over the news and social media sites. There are more eyes on Shib now then there was on Doge when it was where Shib is now. With the company burning tokens and other millionaires burning tokens I just don't see how Shib wouldn't sky rocket. I wish I had more money to put into it but I still put in what I can. I just don't see with everything that Shib wouldn't beat out Doge hitting the 0.01 before they did. Thoughts??? Or am I not even close?", 'https://www.reddit.com/r/Shibainucoin/comments/1c943l4/could_shib_beat_doges_8_years_to_hit_001/', '1c943l4', [['u/snoopy_light', 14, '2024-04-21 02:12', 'https://www.reddit.com/r/Shibainucoin/comments/1c943l4/could_shib_beat_doges_8_years_to_hit_001/l0j0m0y/', 'Yes it can if they burn trillions', '1c943l4']]], ['u/prncemirsky', 'Bitcoin ATM in Waterview laundromat', 86, '2024-04-21 03:02', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/', 'Posted without comment.', 'https://www.reddit.com/gallery/1c95l42', '1c95l42', [['u/prncemirsky', 14, '2024-04-21 03:07', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0j8j5u/', 'As far as I can tell, this is for purchasing Bitcoin as opposed to spending it. Wash your clothes and your cash at the same time.', '1c95l42'], ['u/logantauranga', 77, '2024-04-21 03:07', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0j8l9e/', 'Does this money-laundering machine have a delicate spin cycle?', '1c95l42'], ['u/Mort450', 56, '2024-04-21 03:12', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0j982z/', 'Looks like something that will definitely steal your data and wallet holdings', '1c95l42'], ['u/babycleffa', 18, '2024-04-21 04:11', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0jhhi4/', 'Bitcoin atms should be highly regulated if not banned\n\nThey’re typically used by people being scammed, and the business housing the atm gets a cut \n\nIt’s disgusting', '1c95l42'], ['u/Unfair_Explanation53', 10, '2024-04-21 04:33', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0jkbdc/', "I don't think there are many elderly using digital currency.\n\nMost of the elderly I know won't even use paywave", '1c95l42'], ['u/weaz-am-i', 24, '2024-04-21 05:54', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0jtzii/', "PM me your private keys, and I'll check on the database to see if they have been exposed.", '1c95l42'], ['u/hick-from-hicksville', 25, '2024-04-21 06:00', 'https://www.reddit.com/r/auckland/comments/1c95l42/bitcoin_atm_in_waterview_laundromat/l0jup04/', 'You should break it open and steal all the bitcoin inside', '1c95l42']]], ['u/MaGiC-iNtErNeT-mOnEy', 'The "quadrupling"', 144, '2024-04-21 04:00', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/', 'Instead of the "halving" can we now all it the "quadrupling"? 🤣\n\nHere\'s a visual that shows the Bitcoin subsidy (6.25btc to 3.125btc) blue bars, and the Bitcoin fees, orange bars. Before and after the halving, block number 840,000.\n\nYou can see fees have exploded such that the reward and halving is so insignificant to the now very expensive fees, even still now that we\'re over a day out post halving.', 'https://i.redd.it/jnwtc7vepqvc1.jpeg', '1c96o4z', [['u/Horror_Rich4403', 46, '2024-04-21 04:14', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jhuts/', 'Can someone explain why fees jumped so much? Why were they pretty consistent right before?', '1c96o4z'], ['u/anyprophet', 33, '2024-04-21 04:21', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jiseo/', 'this post is a good rundown of it: https://www.reddit.com/r/Buttcoin/comments/1c8x7k2/why_bitcoin_transaction_fees_are_so_high_right/', '1c96o4z'], ['u/Horror_Rich4403', 26, '2024-04-21 04:32', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jk775/', 'The poster was right. This IS very hilarious and dumb!\xa0', '1c96o4z'], ['u/dyzo-blue', 96, '2024-04-21 04:33', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jkagf/', "People who make Ordinals paid extra fees to try to land their transaction exactly in the Halvening block, because somehow NFTs created within it should be more desirable. (Yeah, it's dumb.)\n\nThen all the wallets that suggest fees for transactions base it on averaging the fees from the last couple blocks. So the fees stay high indefinitely. (Yeah, it's that dumb.)", '1c96o4z'], ['u/Horror_Rich4403', 27, '2024-04-21 04:35', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jkjmn/', 'Seriously though are people still buying NFTs? Like truly the fad isn’t over?\xa0\n\nIf anything was to be compared to beanie babies, NFTs were truly it. If they’re mostly being used to wash trade, why would the fraudsters waste the money?', '1c96o4z'], ['u/WishboneHot8050', 27, '2024-04-21 04:43', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jlmsl/', "I was hoping for the spiral death loop scenario. That is the idea that half the miners would immediately unplug after the halving since they wouldn't be able to maintain profitability. And the reduction in overall hash rate would trigger even longer hash times between blocks for those that stayed on hashing. Thereby raising overall mining costs per block again, thereby causing other miners to unplug.\n\nNot happening today.", '1c96o4z'], ['u/lagerbaer', 25, '2024-04-21 05:00', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jnu7b/', 'Interestingly enough, no mention whatsoever of this on the bitcoin sub. As in, stupid high transaction fees.', '1c96o4z'], ['u/Ok-Row-6131', 14, '2024-04-21 05:02', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jnzk7/', 'This is amazingly dumb.', '1c96o4z'], ['u/dyzo-blue', 25, '2024-04-21 05:15', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0jplws/', "I don't think there is much volume sold anymore.\n\nBut apparently there are still enough creepto-rich whales out there, who are fascinated enough, that they enjoy minting their own. By enough, I mean enough to cause the spike. It could just be a couple dozen nerds sitting on hundreds of BTC each.", '1c96o4z'], ['u/mechanicalcontrols', 10, '2024-04-21 07:45', 'https://www.reddit.com/r/Buttcoin/comments/1c96o4z/the_quadrupling/l0k5cq6/', "Every time we think we've seen the bottom, the crypto bros dig deeper to a new level of stupid.", '1c96o4z'], ['u/mechanicalcontrols', 11, '2024-04-21 07:45', 'https://www.reddit.com/r/Buttcoin/comments/1c96o... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin\'s once-every-four-years "halving," which took place late last week, was supposed to bring asteep cut in revenue for crypto miners, since their rewards for new data blocks would drop by 50%.\nInstead, the simultaneous launch of Casey Rodarmor\'s new Runes protocol – for minting digital tokens on top of the oldest and largest blockchain – has proven so popular that it\'s caused massive network congestion, sending transaction fees to record levels and showering Bitcoin miners with a windfall like never before.\nBitcoin transaction fees averaged a record $127.97 on April 20, when thehalving took place and Runes launched, based on coordinated universal time. That\'s more than seven times the average fee rate on the day before, and roughly double the previous record set three years ago.\nTotal revenue for bitcoin miners, which includes the block rewards as well as transaction fees, soared to a record $107.8 million for the single day, according to YCharts.\nThe development could be bullish for big bitcoin mining firms including Marathon Digital Holdings ($MARA), Riot Blockchain ($RIOT), Hut 8 Mining (HUT) and Core Scientific (CORZ). (Marathon announced separately on Friday that it was rebranding to "MARA," which happens to be its stock ticker.)\nThe quadrennialhalvingswere part of Bitcoin creator Satoshi Nakamoto\'s original design when it was launched in 2009, an effort to harden the original cryptocurrency\'s resistance to inflation with an ever-decreasing pace of new issuance. But with the rewards shrinking for miners, the question has been whether they would see adequate incentives to continue mining on the blockchain – crucial since their efforts are essential to the blockchain network\'s security.\n"We expect the particular frenzy pushing fees to these levels to die down in the relatively near term, but this episode is the latest indication that concerns about bitcoin’s long-term \'security budget\' aremisplaced," the Bitcoin-focused investment firm Ten31 wrote in a newsletter on Saturday.\nRodarmor\'s newRunes protocolcan be used to spin up new digital tokens like those common on the Ethereum blockchain but thus far mostly absent from the Bitcoin ecosystem.\nThe launch washighly anticipatedbecause Rodarmor was the primary developer behind Ordinals, which became extremely popular after it debuted last year as a novel way to mint NFTs on Bitcoin, previously unthinkable.\nRodarmor himself worried aloud on a recent episode of his Hell Money podcastwhether Runes might be a flop; if the main use of Runes was to spin up "meme coins" for fickle traders whose speculative interests can shift quickly, why would these traders instinctively gravitate toward a blockchain optimized for security rather than for speed or low costs?\nCome, they did, however, and Runes may have outstripped even some of the most ambitious expectations.\nAccording to the websiteRuneAlpha, as of April 21 some 4,923 runes had already been etched, with 801,124 runes transactions and 68,548 holders.\n"The overall Runes ecosystem will likely be worth many billions of dollars," the blockchain researcher Saurabh Deshpandewrotein a post on Decentralised.co.\nSeveral crypto exchanges, including OKX andGate.io, have already listed some of the newly minted runes, such asSATOSHI•NAKAMOTO, for trading.\nJimmy Song, an independent Bitcoin developer and commentator, wrote in ablog poston Saturday that the Runes frenzy has made it nearly impossible to get a transaction included into certain blocks without paying an exorbitantly high transaction fee.\n"The Runes asset issuance has overridden almost every other use case at the moment," Song wrote.\nThe Bitcoin Layersubstackwrote that Runes appears to be a "game of greater fools in which essentially everybody loses," but it does take up block space and may "accentuate the need for hastening the development of and further expansion of liquidity on layer-2 scaling solutions like the Lightning Network."\nTransaction fees as a percentage of the total miner revenue per block jumped to their highest level ever of 75%, according to the authors Joe Consorti and Nik Bhatia.\nIt\'s "a preview of what’s to come in Bitcoin mining economics decades from now, as Bitcoin monetizes into a $10 trillion+ asset, demand for the network is orders of magnitude larger than today, and we’ve had a few more halvings," they wrote.\nGrayscale, the money manager behind the Grayscale Bitcoin Trust (GBTC), remarked on the potentially dramatic change in outlook for miners in an emailed newsletter on Saturday.\n"If transaction fees normalize at a level higher than in the past, the impact of the halving on miner revenue will be dampened," Grayscale wrote.', 'Bitcoin\'s once-every-four-years "halving," which took place late last week, was supposed to bring asteep cut in revenue for crypto miners, since their rewards for new data blocks would drop by 50%.\nInstead, the simultaneous launch of Casey Rodarmor\'s new Runes protocol – for minting digital tokens on top of the oldest and largest blockchain – has proven so popular that it\'s caused massive network congestion, sending transaction fees to record levels and showering Bitcoin miners with a windfall like never before.\nBitcoin transaction fees averaged a record $127.97 on April 20, when thehalving took place and Runes launched, based on coordinated universal time. That\'s more than seven times the average fee rate on the day before, and roughly double the previous record set three years ago.\nTotal revenue for bitcoin miners, which includes the block rewards as well as transaction fees, soared to a record $107.8 million for the single day, according to YCharts.\nThe development could be bullish for big bitcoin mining firms including Marathon Digital Holdings ($MARA), Riot Blockchain ($RIOT), Hut 8 Mining (HUT) and Core Scientific (CORZ). (Marathon announced separately on Friday that it was rebranding to "MARA," which happens to be its stock ticker.)\nThe quadrennialhalvingswere part of Bitcoin creator Satoshi Nakamoto\'s original design when it was launched in 2009, an effort to harden the original cryptocurrency\'s resistance to inflation with an ever-decreasing pace of new issuance. But with the rewards shrinking for miners, the question has been whether they would see adequate incentives to continue mining on the blockchain – crucial since their efforts are essential to the blockchain network\'s security.\n"We expect the particular frenzy pushing fees to these levels to die down in the relatively near term, but this episode is the latest indication that concerns about bitcoin’s long-term \'security budget\' aremisplaced," the Bitcoin-focused investment firm Ten31 wrote in a newsletter on Saturday.\nRodarmor\'s newRunes protocolcan be used to spin up new digital tokens like those common on the Ethereum blockchain but thus far mostly absent from the Bitcoin ecosystem.\nThe launch washighly anticipatedbecause Rodarmor was the primary developer behind Ordinals, which became extremely popular after it debuted last year as a novel way to mint NFTs on Bitcoin, previously unthinkable.\nRodarmor himself worried aloud on a recent episode of his Hell Money podcastwhether Runes might be a flop; if the main use of Runes was to spin up "meme coins" for fickle traders whose speculative interests can shift quickly, why would these traders instinctively gravitate toward a blockchain optimized for security rather than for speed or low costs?\nCome, they did, however, and Runes may have outstripped even some of the most ambitious expectations.\nAccording to the websiteRuneAlpha, as of April 21 some 4,923 runes had already been etched, with 801,124 runes transactions and 68,548 holders.\n"The overall Runes ecosystem will likely be worth many billions of dollars," the blockchain researcher Saurabh Deshpandewrotein a post on Decentralised.co.\nSeveral crypto exchanges, including OKX andGate.io, have already listed some of the newly minted runes, such asSATOSHI•NAKAMOTO, for trading.\nJimmy Song, an independent Bitcoin developer and commentator, wrote in ablog poston Saturday that the Runes frenzy has made it nearly impossible to get a transaction included into certain blocks without paying an exorbitantly high transaction fee.\n"The Runes asset issuance has overridden almost every other use case at the moment," Song wrote.\nThe Bitcoin Layersubstackwrote that Runes appears to be a "game of greater fools in which essentially everybody loses," but it does take up block space and may "accentuate the need for hastening the development of and further expansion of liquidity on layer-2 scaling solutions like the Lightning Network."\nTransaction fees as a percentage of the total miner revenue per block jumped to their highest level ever of 75%, according to the authors Joe Consorti and Nik Bhatia.\nIt\'s "a preview of what’s to come in Bitcoin mining economics decades from now, as Bitcoin monetizes into a $10 trillion+ asset, demand for the network is orders of magnitude larger than today, and we’ve had a few more halvings," they wrote.\nGrayscale, the money manager behind the Grayscale Bitcoin Trust (GBTC), remarked on the potentially dramatic change in outlook for miners in an emailed newsletter on Saturday.\n"If transaction fees normalize at a level higher than in the past, the impact of the halving on miner revenue will be dampened," Grayscale wrote.', 'These seven large-cap stocks were the worst performers last week. Are they in your portfolio?\n1. Arm Holdings plc(NASDAQ:ARM) was the worst large-cap stock performer last week, plummeting 31.08%. The company fell alongsideASML Holding N.V.(NASDAQ:ASML), which reported worse-than-expectedfirst-quarter FY24 results last week. Exane BNP Paribas analyst David O’Connor downgraded ARM from“Outperform” to “Neutral”with a $100 price target.\n2. MicroStrategy Inc’s(NASDAQ:MSTR) stock lost 20.07% last week. Most crypto stocks fell last week due to the volatility in B **Last 60 Days of Bitcoin's Closing Prices:** [51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-22 **Financial & Commodity Data:** - Gold Closing Price: $2332.20 - Crude Oil Closing Price: $82.85 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,304,746,732,669 - Hash Rate: 652748580.6769805 - Transaction Count: 671771.0 - Unique Addresses: 534717.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.73 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: BlackRock(NYSE: BLK)Q1 2024 Earnings CallApr 12, 2024,7:30 a.m. ET • Prepared Remarks • Questions and Answers • Call Participants Operator Good morning. My name is Katie, and I will be your conference facilitator today. At this time, I would like to welcome everyone to the BlackRock, Inc. first-quarter 2024 earnings teleconference. Our host for today's call will be the chairman and chief executive officer, Laurence D. Fink; chief financial officer, Martin S. Small; president, Robert S. Kapito; and general counsel, Christopher J. Meade. [Operator instructions] Thank you. Mr. Meade, you may begin your conference. Chris Meade--General Counsel Thank you. Good morning, everyone. I'm Chris Meade, the general counsel of BlackRock. Before we begin, I'd like to remind you that during the course of this call, we may make a number of forward-looking statements. We call your attention to the fact that BlackRock's actual results may, of course, differ from these statements. As you know, BlackRock has filed reports with the SEC, which was some of the factors that may result -- cause the results of BlackRock to differ materially from what we say today. BlackRock assumes no duty and does not undertake to update any forward-looking statements. So with that, I'll turn it over to Martin. Before you buy stock in BlackRock, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and BlackRock wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $555,209!* Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*. See the 10 stocks » *Stock Advisor returns as of April 8, 2024 Martin Small--Chief Financial Officer Thanks, Chris, and good morning, everyone. It's my pleasure to present results for the first quarter of 2024. Before I turn it over to Larry, I'll review our financial performance and business results. Our earnings release discloses both GAAP and as-adjusted financial results. I'll be focusing primarily on our as-adjusted results. BlackRock's first quarter results reflect sustained momentum across our entire platform. We ended the quarter with record AUM of nearly $10.5 trillion and one of the strongest opportunity sets ahead across multiple growth engines, including technology, outsourced solutions, and private markets. Momentum's accelerating, and we have line of sight into a breadth of significant mandates in investment management and technology, spanning client channels and geographies. Teams across BlackRock are energized and organized to execute on these opportunities and deliver BlackRock's platform to clients through world-class client service. We built BlackRock to be a structural grower with industry leadership in secular growth areas like ETFs, private markets, model portfolios, and technology. With supportive markets and more optimistic sentiment from clients, we're confident in our ability to both grow assets on behalf of clients and drive profitable growth for our shareholders. First-quarter long-term net inflows of $76 billion continued to lead the industry, driving positive organic base fee growth alongside double-digit growth year over year in revenue and earnings as well as 180 basis points of margin expansion. Excluding low-fee institutional index equity flows, we saw $100 billion of long-term net inflows in the quarter. As equity markets powered to record highs in the first quarter, investors who are waiting in cash missed out on significant returns across broader markets. With long-term investing, time in the markets is often more important than market timing. Although cash remains an attractive safe haven with the prospect of fewer rate cuts for 2024, the nearly 30% increase in equities over the last year continues to propel clients toward rerisking into stocks and bonds. Clients choose BlackRock for performance. They continue to consolidate more of their portfolios with us, which is driving our growth premium. With more clarity on interest rates and a supportive market backdrop, the assets we manage on behalf of our clients, our units of trust ended the quarter up $1.4 trillion from a year ago, an increase of 15%. Organic asset and base fee growth again accelerated into the end of the quarter, and we see broad-based momentum growing across client channels and regions. In the first quarter, BlackRock generated long-term net inflows of $76 billion, partially offset by seasonal outflows from institutional money market funds. Total annualized organic base fee growth of 1% reflected seasonally softer flows earlier in the quarter before coming back to target in March. First quarter revenue of $4.7 billion increased 11% year over year, driven by the impact of market appreciation over the last 12 months on average AUM and higher performance fees and technology services revenue. Operating income of $1.8 billion was up 17% and earnings per share of $9.81 was 24% higher versus a year ago, also reflecting higher nonoperating income. Nonoperating results for the quarter included $90 million of net investment gains, driven primarily by mark-to-market noncash gains on our unhedged seed capital investments and minority investment in Investec. Our as-adjusted tax rate for the first quarter was approximately 23% and included discrete tax benefits related to stock-based compensation awards that vest in the first quarter of each year. We continue to estimate that 25% is a reasonable projected tax run rate for the remainder of 2024, though the actual effective tax rate may differ because of nonrecurring or discrete items or potential changes in tax legislation. First-quarter base fees and securities lending revenue of $3.8 billion was up 8% year over year and up 5% sequentially, driven by the positive impact of market beta on average AUM and positive organic base fee growth. On an equivalent day count basis, our annualized effective fee rate was 3/10 of a basis points lower compared to the fourth quarter. This was mainly due to the relative outperformance of lower fee U.S. equity markets, client preferences for lower fee U.S. exposures, and lower securities lending revenue. Performance fees of $204 million increased from a year ago, primarily reflecting higher revenue from alternatives. Quarterly technology services revenue was up 11% compared to a year ago, reflecting sustained demand for our Aladdin technology offerings. Annual contract value or ACV increased 9% year over year. Beginning in the first quarter of 2024, earnings recognized from minority investments accounted for under equity method will be presented as part of our nonoperating results. Advisory and other revenue increased from a year ago, primarily reflecting this change. In addition, as many of you know, we updated the presentation of expense line items by including a new sales, asset and account income statement caption. This category includes distribution and servicing costs, direct fund expense, and sub-advisory and other sales, asset and account-based expense. Sub-advisory and other expense, which are variable noncompensation expenses associated with asset and revenue growth was previously reported within general and administration expense. We believe this change provides investors a clearer view of both BlackRock's variable noncompensation expense and G&A, which represents more fixed costs. It represents how we'll execute on our financial rubric of aligning investment spend with our highest conviction growth areas, variabilizing more of our expense base and generating fixed cost scale. Total expense increased 8% year over year, reflecting higher compensation, G&A and sales asset and account expense. Employee compensation and benefit expense was up 11%, primarily reflecting higher incentive compensation as a result of higher operating income and performance fees. G&A expense increased 6% due to the timing of technology investment spend in the prior year. Sequentially, G&A expense decreased 12%, reflecting timing of technology investment spend and seasonally higher marketing and promotional expense in the fourth quarter. While one quarter's results can be impacted by timing of spend, we expect technology to be one of our primary areas of investment within G&A. Sales asset and account expense increased 5% compared to a year ago, primarily driven by higher direct fund expense. Direct fund expense was up 7% year over year, mainly due to higher average index AUM. Sequentially, direct fund expense increased due to higher average index AUM in the current quarter and higher rebates that seasonally occur in the fourth quarter. Our first quarter as-adjusted operating margin of 42.2% was up 180 basis points from a year ago. As markets improve, we remain committed to driving operating leverage and profitable growth. BlackRock's industry-leading organic growth is a direct result of the disciplined investments we've made consistently through market cycles. Looking forward, we'll continue to prioritize investments with differentiated organic growth potential or that will expand operating leverage through enhanced scale. In line with our guidance in January, and excluding the impact of Global Infrastructure Partners and related transaction costs, at present, we would expect our headcount to be broadly flat in 2024, and we would also expect a low to mid-single-digit percentage increase in 2024 core G&A expense. Our capital management strategy remains consistent. We invest first, either the scale strategic growth initiatives or drive operational efficiency and then return excess cash to our shareholders throug... - Reddit Posts (Sample): [['u/kennyatmall', 'Cheapest way to sell 2 BTC', 12, '2024-04-22 01:48', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/', 'Hi guys what’s the cheapest way to sell Btc ? Should I put in on the card and spent it there ? ', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/', '1c9wg0z', [['u/iamthesagej', 21, '2024-04-22 01:55', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/l0o5fhc/', 'Advanced trading tab.', '1c9wg0z'], ['u/Enslaved_By_Freedom', 16, '2024-04-22 03:50', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/l0olhqm/', 'Sell your 2 BTC to me for $100 USD. It will be really cheap.', '1c9wg0z'], ['u/SteveLangfordsCock', 46, '2024-04-22 04:02', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/l0on7km/', 'You should not answer any of the DMs you got', '1c9wg0z'], ['u/iamthesagej', 10, '2024-04-22 04:22', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/l0opwab/', 'The “free trading” has their fee built in with the sell prices, so if you use advanced, you get 25% off.\n\nIt’s a $260 fee to sell 1 of my btc, so I’m assuming it would be around $520 for 2. If you have CB1, that’s $130 saved. \n\nYou could get a free trial or a month and you’d save - I’d do it!', '1c9wg0z'], ['u/ukiyo3k', 10, '2024-04-22 05:21', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/l0oxeq7/', 'How do people own BTC but not know how to own BTC?', '1c9wg0z']]], ['u/superdude32', "Why don't you have a... $SEAT?!! Hidden gem, blowing up now!", 626, '2024-04-22 02:12', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c9wxnk/why_dont_you_have_a_seat_hidden_gem_blowing_up_now/', 'Cris Hensan is inviting you to take a $SEAT and put scum of the earth behind bars, in fun fashion - just by investing in crypto! \n \n**Find out about this hidden gem with a low marketcap:** \n[https://crishensan.com](https://crishensan.com) (warning: *this website is dope-ass!*) \n\n\nA fun meme with serious ambition - we\'re putting sexual predators behind bars, and doing it in style! Let\'s gooooo!\n\n \n**Here is why I\'m personally bullish on $SEAT:** \n**--> Dev is GOLD** \\- this man is a driven, proven, trader who was cheesed off at all the rug pulls and decided to put a Blue Chip meme project together - for the people! \n**--> NARRATIVE UTILITY** is brilliant! This community is meme-ing to call attention to the issue of sexual predators and getting them behind bars - Cris Hensan keeps it fun, but he means business! "Why don\'t you take a SEAT???" \n\n*This weekend we are taking in our first donation that is going to the Coalition to Abolish Slavery & Trafficking. BIG NEWS coming this week on the donation!!! We are going to make a splash!* \n\n*Every time our marketcap doubles, the community will make another donation. Community makes money, we give to a great cause = win-win. You know, unless you like having sexual predators roaming around...* \n**--> LOW MARKETCAP** \\- this coin is only one week old and sitting at 1M Marketcap. We held and grew through all the BTC halving nonsense. Sky is the limit for SEAT. Could be a next multi-mill coin. You are early! \n**--> TOKENOMICS ARE FOR THE PEOPLE** \\- Total Supply: 998,331,345 | 100 % Locked Utility | 100% of Liquidity Tokens are Burned | Immutable - like I said above, our dev Cris HATES rug pulls and made it his goal to make the most anti-rug token you could imagine. \n**--> COMMUNITY** is driven and active! Hop on the telegram chat and join a community that is positive, driven, mature, and focussed on our goal: blowing up SEAT, building life changing wealth, and putting perps away in the process! Don\'t believe me? Check out telegram and hang with us for a couple days - you\'ll see! \n**--> EXCHANGES** \\- currently SEAT is available on decentralized exchanges like Raydium & Jupiter - if you don\'t know how that works, just hit up the website for more info. This coin is young, which is where money is made - larger exchanges will come as the project grows. \n\n\n \nSo.. Still here? What are you waiting for? \n*WHY DON\'T YOU TAKE A $SEAT???!!!*\n\n \n[https://crishensan.com](https://crishensan.com) \n\nToken CA: 29ad8JW1YcVT3mxcvxJpe3EzWqXCGD7KaSRWrc3TEMWG ', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c9wxnk/why_dont_you_have_a_seat_hidden_gem_blowing_up_now/', '1c9wxnk', [['u/Comfortable_Brush295', 10, '2024-04-22 02:16', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c9wxnk/why_dont_you_have_a_seat_hidden_gem_blowing_up_now/l0o8dzd/', 'Everyone should come and join us in taking a $SEAT', '1c9wxnk']]], ['u/Striking-Type-4162', 'BlackRock created the Bitcoin ETF', 53, '2024-04-22 03:10', 'https://www.reddit.com/r/Wallstreetsilver/comments/1c9y3xy/blackrock_created_the_bitcoin_etf/', 'BlackRock created the Bitcoin ETF as a way to launder your fiat dollars into the Bitcoin Ponzi, Because the elites know the U.S. banking system is going to collapse (credit markets) That’s the reason for the sudden passage of Ukraine and Israel funding. ($95 billion). Those laundered dollars will go through NGO’s which help fund Blackrock’s Bitcoin ETF. This is also why Janet Yellen is desperate to fund U.S. Treasuries. U.S. Treasury dollars are laundered through NGO’s Which provides free Bitcoin liquidity for the elites (off-balance sheet)', 'https://www.reddit.com/r/Wallstreetsilver/comments/1c9y3xy/blackrock_created_the_bitcoin_etf/', '1c9y3xy', [['u/New-Dealer5801', 11, '2024-04-22 03:23', 'https://www.reddit.com/r/Wallstreetsilver/comments/1c9y3xy/blackrock_created_the_bitcoin_etf/l0ohv2y/', 'Well if Main Street hasn’t picked up on this they deserve the crash! Bitcoin will be the greatest, till the power goes out!', '1c9y3xy'], ['u/ScreamingWeenie', 48, '2024-04-22 03:40', 'https://www.reddit.com/r/Wallstreetsilver/comments/1c9y3xy/blackrock_created_the_bitcoin_etf/l0ok5xn/', 'Explain it to me like I got injected with an experiment in exchange for a free donut.', '1c9y3xy'], ['u/reepotomac2', 13, '2024-04-22 03:51', 'https://www.reddit.com/r/Wallstreetsilver/comments/1c9y3xy/blackrock_created_the_bitcoin_etf/l0oloqu/', 'OK, the guy who set himself on fire at the Trump trial, he had a manifesto, I skimmed it. It said a lot about crypto and the real purpose of crypto.. Does this post kinda go along with his manifesto?', '1c9y3xy'], ['u/Striking-Type-4162', 13, '2024-04-22 04:03', 'https://www.reddit.com/r/Wallstreetsilver/comments/1c9y3xy/blackrock_created_the_bitcoin_etf/l0on9qo/', "BTC/USDT is an offshore unregulated debt/ponzi washing machine. Ukraine is used as the excuse to funnel $ in. Monetization ETF'S of debt and US CANT stop spending. They knew what was coming over a decade ago. They needed a way to continue.", '1c9y3xy']]], ['u/WatercressCurious980', 'Massive over 100% fee btc to xmr on cake', 29, '2024-04-22 04:24', 'https://www.reddit.com/r/darknet/comments/1c9zj4y/massive_over_100_fee_btc_to_xmr_on_cake/', 'Any ideas what’s happening or how to fix ', 'https://www.reddit.com/r/darknet/comments/1c9zj4y/massive_over_100_fee_btc_to_xmr_on_cake/', '1c9zj4y', [['u/Rmccarton', 35, '2024-04-22 05:40', 'https://www.reddit.com/r/darknet/comments/1c9zj4y/massive_over_100_fee_btc_to_xmr_on_cake/l0ozqn7/', 'Just use LTC, exchange for Monero in cake. It was the more economic method even before the bitcoin feees went bonkers. \xa0', '1c9zj4y'], ['u/Single_Pea', 19, '2024-04-22 06:43', 'https://www.reddit.com/r/darknet/comments/1c9zj4y/massive_over_100_fee_btc_to_xmr_on_cake/l0p6yqc/', "wait. it'll go down. shouldnt use btc ever like this tho.", '1c9zj4y'], ['u/ZestycloseWay2771', 19, '2024-04-22 12:35', 'https://www.reddit.com/r/darknet/comments/1c9zj4y/massive_over_100_fee_btc_to_xmr_on_cake/l0q1241/', 'Shouldn’t use BTC at all', '1c9zj4y']]], ['u/Freemasonsareevil', 'Is it worth buying thousands of dollars of LTC as a young person', 10, '2024-04-22 04:26', 'https://www.reddit.com/r/litecoin/comments/1c9zkmf/is_it_worth_buying_thousands_of_dollars_of_ltc_as/', 'So here’s my situation. I’m a 19 year old college student. I’m not broke but I’m also not able to pay for college myself lmao. I have over $5000 in total from my checkings and savings account + another 2000 in cash at home. Most of this is untouched really. I was thinking of maybe buying $2000 in crypto. Would that be worth it? And idk if I should do it all in LTC or maybe some in BTC or other crypto? It would suck losing $2000 but it would be very very nice tripling that or whatever. Plus this summer I will be working and making a lot more money… I would like opinions from those more experienced than me who is nice to crypto', 'https://www.reddit.com/r/litecoin/comments/1c9zkmf/is_it_worth_buying_thousands_of_dollars_of_ltc_as/', '1c9zkmf', [['u/Coldlog1k', 43, '2024-04-22 04:42', 'https://www.reddit.com/r/litecoin/comments/1c9zkmf/is_it_worth_buying_thousands_of_dollars_of_ltc_as/l0osky4/', '#1 rule of investing in ANYTHING: don’t invest money you can’t afford to lose. If your ok with possibly losing the entire thing and accept that you may not see returns for years if ever then do your research and invest in coins that you believe in. Anyone telling you buy this or buy that for a quick turnaround is lying or scamming.', '1c9zkmf'], ['u/0010011001101', 13, '2024-04-22 04:51', 'https://www.reddit.com/r/litecoin/comments/1c9zkmf/is_it_worth_buying_thousands_of_dollars_of_ltc_as/l0otp67/', 'From someone who was once young, enjoy the money you have when you have the youth to enjoy it on. \n\nYes, you may double, triple or quadruple the ‘dollar’ amount, but the happiness you will derive from the increased amount in the future will likely be less than the happiness you can afford yourself now, in the present. \n\nJust my two cents worth.', '1c9zkmf'], ['u/meshflesh40', 18, '2024-04-22 06:35', 'https... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin\'s once-every-four-years "halving," which took place late last week, was supposed to bring asteep cut in revenue for crypto miners, since their rewards for new data blocks would drop by 50%.\nInstead, the simultaneous launch of Casey Rodarmor\'s new Runes protocol – for minting digital tokens on top of the oldest and largest blockchain – has proven so popular that it\'s caused massive network congestion, sending transaction fees to record levels and showering Bitcoin miners with a windfall like never before.\nBitcoin transaction fees averaged a record $127.97 on April 20, when thehalving took place and Runes launched, based on coordinated universal time. That\'s more than seven times the average fee rate on the day before, and roughly double the previous record set three years ago.\nTotal revenue for bitcoin miners, which includes the block rewards as well as transaction fees, soared to a record $107.8 million for the single day, according to YCharts.\nThe development could be bullish for big bitcoin mining firms including Marathon Digital Holdings ($MARA), Riot Blockchain ($RIOT), Hut 8 Mining (HUT) and Core Scientific (CORZ). (Marathon announced separately on Friday that it was rebranding to "MARA," which happens to be its stock ticker.)\nThe quadrennialhalvingswere part of Bitcoin creator Satoshi Nakamoto\'s original design when it was launched in 2009, an effort to harden the original cryptocurrency\'s resistance to inflation with an ever-decreasing pace of new issuance. But with the rewards shrinking for miners, the question has been whether they would see adequate incentives to continue mining on the blockchain – crucial since their efforts are essential to the blockchain network\'s security.\n"We expect the particular frenzy pushing fees to these levels to die down in the relatively near term, but this episode is the latest indication that concerns about bitcoin’s long-term \'security budget\' aremisplaced," the Bitcoin-focused investment firm Ten31 wrote in a newsletter on Saturday.\nRodarmor\'s newRunes protocolcan be used to spin up new digital tokens like those common on the Ethereum blockchain but thus far mostly absent from the Bitcoin ecosystem.\nThe launch washighly anticipatedbecause Rodarmor was the primary developer behind Ordinals, which became extremely popular after it debuted last year as a novel way to mint NFTs on Bitcoin, previously unthinkable.\nRodarmor himself worried aloud on a recent episode of his Hell Money podcastwhether Runes might be a flop; if the main use of Runes was to spin up "meme coins" for fickle traders whose speculative interests can shift quickly, why would these traders instinctively gravitate toward a blockchain optimized for security rather than for speed or low costs?\nCome, they did, however, and Runes may have outstripped even some of the most ambitious expectations.\nAccording to the websiteRuneAlpha, as of April 21 some 4,923 runes had already been etched, with 801,124 runes transactions and 68,548 holders.\n"The overall Runes ecosystem will likely be worth many billions of dollars," the blockchain researcher Saurabh Deshpandewrotein a post on Decentralised.co.\nSeveral crypto exchanges, including OKX andGate.io, have already listed some of the newly minted runes, such asSATOSHI•NAKAMOTO, for trading.\nJimmy Song, an independent Bitcoin developer and commentator, wrote in ablog poston Saturday that the Runes frenzy has made it nearly impossible to get a transaction included into certain blocks without paying an exorbitantly high transaction fee.\n"The Runes asset issuance has overridden almost every other use case at the moment," Song wrote.\nThe Bitcoin Layersubstackwrote that Runes appears to be a "game of greater fools in which essentially everybody loses," but it does take up block space and may "accentuate the need for hastening the development of and further expansion of liquidity on layer-2 scaling solutions like the Lightning Network."\nTransaction fees as a percentage of the total miner revenue per block jumped to their highest level ever of 75%, according to the authors Joe Consorti and Nik Bhatia.\nIt\'s "a preview of what’s to come in Bitcoin mining economics decades from now, as Bitcoin monetizes into a $10 trillion+ asset, demand for the network is orders of magnitude larger than today, and we’ve had a few more halvings," they wrote.\nGrayscale, the money manager behind the Grayscale Bitcoin Trust (GBTC), remarked on the potentially dramatic change in outlook for miners in an emailed newsletter on Saturday.\n"If transaction fees normalize at a level higher than in the past, the impact of the halving on miner revenue will be dampened," Grayscale wrote.', 'Bitcoin\'s once-every-four-years "halving," which took place late last week, was supposed to bring asteep cut in revenue for crypto miners, since their rewards for new data blocks would drop by 50%.\nInstead, the simultaneous launch of Casey Rodarmor\'s new Runes protocol – for minting digital tokens on top of the oldest and largest blockchain – has proven so popular that it\'s caused massive network congestion, sending transaction fees to record levels and showering Bitcoin miners with a windfall like never before.\nBitcoin transaction fees averaged a record $127.97 on April 20, when thehalving took place and Runes launched, based on coordinated universal time. That\'s more than seven times the average fee rate on the day before, and roughly double the previous record set three years ago.\nTotal revenue for bitcoin miners, which includes the block rewards as well as transaction fees, soared to a record $107.8 million for the single day, according to YCharts.\nThe development could be bullish for big bitcoin mining firms including Marathon Digital Holdings ($MARA), Riot Blockchain ($RIOT), Hut 8 Mining (HUT) and Core Scientific (CORZ). (Marathon announced separately on Friday that it was rebranding to "MARA," which happens to be its stock ticker.)\nThe quadrennialhalvingswere part of Bitcoin creator Satoshi Nakamoto\'s original design when it was launched in 2009, an effort to harden the original cryptocurrency\'s resistance to inflation with an ever-decreasing pace of new issuance. But with the rewards shrinking for miners, the question has been whether they would see adequate incentives to continue mining on the blockchain – crucial since their efforts are essential to the blockchain network\'s security.\n"We expect the particular frenzy pushing fees to these levels to die down in the relatively near term, but this episode is the latest indication that concerns about bitcoin’s long-term \'security budget\' aremisplaced," the Bitcoin-focused investment firm Ten31 wrote in a newsletter on Saturday.\nRodarmor\'s newRunes protocolcan be used to spin up new digital tokens like those common on the Ethereum blockchain but thus far mostly absent from the Bitcoin ecosystem.\nThe launch washighly anticipatedbecause Rodarmor was the primary developer behind Ordinals, which became extremely popular after it debuted last year as a novel way to mint NFTs on Bitcoin, previously unthinkable.\nRodarmor himself worried aloud on a recent episode of his Hell Money podcastwhether Runes might be a flop; if the main use of Runes was to spin up "meme coins" for fickle traders whose speculative interests can shift quickly, why would these traders instinctively gravitate toward a blockchain optimized for security rather than for speed or low costs?\nCome, they did, however, and Runes may have outstripped even some of the most ambitious expectations.\nAccording to the websiteRuneAlpha, as of April 21 some 4,923 runes had already been etched, with 801,124 runes transactions and 68,548 holders.\n"The overall Runes ecosystem will likely be worth many billions of dollars," the blockchain researcher Saurabh Deshpandewrotein a post on Decentralised.co.\nSeveral crypto exchanges, including OKX andGate.io, have already listed some of the newly minted runes, such asSATOSHI•NAKAMOTO, for trading.\nJimmy Song, an independent Bitcoin developer and commentator, wrote in ablog poston Saturday that the Runes frenzy has made it nearly impossible to get a transaction included into certain blocks without paying an exorbitantly high transaction fee.\n"The Runes asset issuance has overridden almost every other use case at the moment," Song wrote.\nThe Bitcoin Layersubstackwrote that Runes appears to be a "game of greater fools in which essentially everybody loses," but it does take up block space and may "accentuate the need for hastening the development of and further expansion of liquidity on layer-2 scaling solutions like the Lightning Network."\nTransaction fees as a percentage of the total miner revenue per block jumped to their highest level ever of 75%, according to the authors Joe Consorti and Nik Bhatia.\nIt\'s "a preview of what’s to come in Bitcoin mining economics decades from now, as Bitcoin monetizes into a $10 trillion+ asset, demand for the network is orders of magnitude larger than today, and we’ve had a few more halvings," they wrote.\nGrayscale, the money manager behind the Grayscale Bitcoin Trust (GBTC), remarked on the potentially dramatic change in outlook for miners in an emailed newsletter on Saturday.\n"If transaction fees normalize at a level higher than in the past, the impact of the halving on miner revenue will be dampened," Grayscale wrote.', 'These seven large-cap stocks were the worst performers last week. Are they in your portfolio?\n1. Arm Holdings plc(NASDAQ:ARM) was the worst large-cap stock performer last week, plummeting 31.08%. The company fell alongsideASML Holding N.V.(NASDAQ:ASML), which reported worse-than-expectedfirst-quarter FY24 results last week. Exane BNP Paribas analyst David O’Connor downgraded ARM from“Outperform” to “Neutral”with a $100 price target.\n2. MicroStrategy Inc’s(NASDAQ:MSTR) stock lost 20.07% last week. Most crypto stocks fell last week due to the volatility in B **Last 60 Days of Bitcoin's Closing Prices:** [51304.97, 50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-22 **Financial & Commodity Data:** - Gold Closing Price: $2332.20 - Crude Oil Closing Price: $82.85 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,304,746,732,669 - Hash Rate: 652748580.6769805 - Transaction Count: 671771.0 - Unique Addresses: 534717.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.73 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: BlackRock(NYSE: BLK)Q1 2024 Earnings CallApr 12, 2024,7:30 a.m. ET • Prepared Remarks • Questions and Answers • Call Participants Operator Good morning. My name is Katie, and I will be your conference facilitator today. At this time, I would like to welcome everyone to the BlackRock, Inc. first-quarter 2024 earnings teleconference. Our host for today's call will be the chairman and chief executive officer, Laurence D. Fink; chief financial officer, Martin S. Small; president, Robert S. Kapito; and general counsel, Christopher J. Meade. [Operator instructions] Thank you. Mr. Meade, you may begin your conference. Chris Meade--General Counsel Thank you. Good morning, everyone. I'm Chris Meade, the general counsel of BlackRock. Before we begin, I'd like to remind you that during the course of this call, we may make a number of forward-looking statements. We call your attention to the fact that BlackRock's actual results may, of course, differ from these statements. As you know, BlackRock has filed reports with the SEC, which was some of the factors that may result -- cause the results of BlackRock to differ materially from what we say today. BlackRock assumes no duty and does not undertake to update any forward-looking statements. So with that, I'll turn it over to Martin. Before you buy stock in BlackRock, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and BlackRock wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $555,209!* Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*. See the 10 stocks » *Stock Advisor returns as of April 8, 2024 Martin Small--Chief Financial Officer Thanks, Chris, and good morning, everyone. It's my pleasure to present results for the first quarter of 2024. Before I turn it over to Larry, I'll review our financial performance and business results. Our earnings release discloses both GAAP and as-adjusted financial results. I'll be focusing primarily on our as-adjusted results. BlackRock's first quarter results reflect sustained momentum across our entire platform. We ended the quarter with record AUM of nearly $10.5 trillion and one of the strongest opportunity sets ahead across multiple growth engines, including technology, outsourced solutions, and private markets. Momentum's accelerating, and we have line of sight into a breadth of significant mandates in investment management and technology, spanning client channels and geographies. Teams across BlackRock are energized and organized to execute on these opportunities and deliver BlackRock's platform to clients through world-class client service. We built BlackRock to be a structural grower with industry leadership in secular growth areas like ETFs, private markets, model portfolios, and technology. With supportive markets and more optimistic sentiment from clients, we're confident in our ability to both grow assets on behalf of clients and drive profitable growth for our shareholders. First-quarter long-term net inflows of $76 billion continued to lead the industry, driving positive organic base fee growth alongside double-digit growth year over year in revenue and earnings as well as 180 basis points of margin expansion. Excluding low-fee institutional index equity flows, we saw $100 billion of long-term net inflows in the quarter. As equity markets powered to record highs in the first quarter, investors who are waiting in cash missed out on significant returns across broader markets. With long-term investing, time in the markets is often more important than market timing. Although cash remains an attractive safe haven with the prospect of fewer rate cuts for 2024, the nearly 30% increase in equities over the last year continues to propel clients toward rerisking into stocks and bonds. Clients choose BlackRock for performance. They continue to consolidate more of their portfolios with us, which is driving our growth premium. With more clarity on interest rates and a supportive market backdrop, the assets we manage on behalf of our clients, our units of trust ended the quarter up $1.4 trillion from a year ago, an increase of 15%. Organic asset and base fee growth again accelerated into the end of the quarter, and we see broad-based momentum growing across client channels and regions. In the first quarter, BlackRock generated long-term net inflows of $76 billion, partially offset by seasonal outflows from institutional money market funds. Total annualized organic base fee growth of 1% reflected seasonally softer flows earlier in the quarter before coming back to target in March. First quarter revenue of $4.7 billion increased 11% year over year, driven by the impact of market appreciation over the last 12 months on average AUM and higher performance fees and technology services revenue. Operating income of $1.8 billion was up 17% and earnings per share of $9.81 was 24% higher versus a year ago, also reflecting higher nonoperating income. Nonoperating results for the quarter included $90 million of net investment gains, driven primarily by mark-to-market noncash gains on our unhedged seed capital investments and minority investment in Investec. Our as-adjusted tax rate for the first quarter was approximately 23% and included discrete tax benefits related to stock-based compensation awards that vest in the first quarter of each year. We continue to estimate that 25% is a reasonable projected tax run rate for the remainder of 2024, though the actual effective tax rate may differ because of nonrecurring or discrete items or potential changes in tax legislation. First-quarter base fees and securities lending revenue of $3.8 billion was up 8% year over year and up 5% sequentially, driven by the positive impact of market beta on average AUM and positive organic base fee growth. On an equivalent day count basis, our annualized effective fee rate was 3/10 of a basis points lower compared to the fourth quarter. This was mainly due to the relative outperformance of lower fee U.S. equity markets, client preferences for lower fee U.S. exposures, and lower securities lending revenue. Performance fees of $204 million increased from a year ago, primarily reflecting higher revenue from alternatives. Quarterly technology services revenue was up 11% compared to a year ago, reflecting sustained demand for our Aladdin technology offerings. Annual contract value or ACV increased 9% year over year. Beginning in the first quarter of 2024, earnings recognized from minority investments accounted for under equity method will be presented as part of our nonoperating results. Advisory and other revenue increased from a year ago, primarily reflecting this change. In addition, as many of you know, we updated the presentation of expense line items by including a new sales, asset and account income statement caption. This category includes distribution and servicing costs, direct fund expense, and sub-advisory and other sales, asset and account-based expense. Sub-advisory and other expense, which are variable noncompensation expenses associated with asset and revenue growth was previously reported within general and administration expense. We believe this change provides investors a clearer view of both BlackRock's variable noncompensation expense and G&A, which represents more fixed costs. It represents how we'll execute on our financial rubric of aligning investment spend with our highest conviction growth areas, variabilizing more of our expense base and generating fixed cost scale. Total expense increased 8% year over year, reflecting higher compensation, G&A and sales asset and account expense. Employee compensation and benefit expense was up 11%, primarily reflecting higher incentive compensation as a result of higher operating income and performance fees. G&A expense increased 6% due to the timing of technology investment spend in the prior year. Sequentially, G&A expense decreased 12%, reflecting timing of technology investment spend and seasonally higher marketing and promotional expense in the fourth quarter. While one quarter's results can be impacted by timing of spend, we expect technology to be one of our primary areas of investment within G&A. Sales asset and account expense increased 5% compared to a year ago, primarily driven by higher direct fund expense. Direct fund expense was up 7% year over year, mainly due to higher average index AUM. Sequentially, direct fund expense increased due to higher average index AUM in the current quarter and higher rebates that seasonally occur in the fourth quarter. Our first quarter as-adjusted operating margin of 42.2% was up 180 basis points from a year ago. As markets improve, we remain committed to driving operating leverage and profitable growth. BlackRock's industry-leading organic growth is a direct result of the disciplined investments we've made consistently through market cycles. Looking forward, we'll continue to prioritize investments with differentiated organic growth potential or that will expand operating leverage through enhanced scale. In line with our guidance in January, and excluding the impact of Global Infrastructure Partners and related transaction costs, at present, we would expect our headcount to be broadly flat in 2024, and we would also expect a low to mid-single-digit percentage increase in 2024 core G&A expense. Our capital management strategy remains consistent. We invest first, either the scale strategic growth initiatives or drive operational efficiency and then return excess cash to our shareholders throug... - Reddit Posts (Sample): [['u/kennyatmall', 'Cheapest way to sell 2 BTC', 12, '2024-04-22 01:48', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/', 'Hi guys what’s the cheapest way to sell Btc ? Should I put in on the card and spent it there ? ', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/', '1c9wg0z', [['u/iamthesagej', 21, '2024-04-22 01:55', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/l0o5fhc/', 'Advanced trading tab.', '1c9wg0z'], ['u/Enslaved_By_Freedom', 16, '2024-04-22 03:50', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/l0olhqm/', 'Sell your 2 BTC to me for $100 USD. It will be really cheap.', '1c9wg0z'], ['u/SteveLangfordsCock', 46, '2024-04-22 04:02', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/l0on7km/', 'You should not answer any of the DMs you got', '1c9wg0z'], ['u/iamthesagej', 10, '2024-04-22 04:22', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/l0opwab/', 'The “free trading” has their fee built in with the sell prices, so if you use advanced, you get 25% off.\n\nIt’s a $260 fee to sell 1 of my btc, so I’m assuming it would be around $520 for 2. If you have CB1, that’s $130 saved. \n\nYou could get a free trial or a month and you’d save - I’d do it!', '1c9wg0z'], ['u/ukiyo3k', 10, '2024-04-22 05:21', 'https://www.reddit.com/r/CoinBase/comments/1c9wg0z/cheapest_way_to_sell_2_btc/l0oxeq7/', 'How do people own BTC but not know how to own BTC?', '1c9wg0z']]], ['u/superdude32', "Why don't you have a... $SEAT?!! Hidden gem, blowing up now!", 626, '2024-04-22 02:12', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c9wxnk/why_dont_you_have_a_seat_hidden_gem_blowing_up_now/', 'Cris Hensan is inviting you to take a $SEAT and put scum of the earth behind bars, in fun fashion - just by investing in crypto! \n \n**Find out about this hidden gem with a low marketcap:** \n[https://crishensan.com](https://crishensan.com) (warning: *this website is dope-ass!*) \n\n\nA fun meme with serious ambition - we\'re putting sexual predators behind bars, and doing it in style! Let\'s gooooo!\n\n \n**Here is why I\'m personally bullish on $SEAT:** \n**--> Dev is GOLD** \\- this man is a driven, proven, trader who was cheesed off at all the rug pulls and decided to put a Blue Chip meme project together - for the people! \n**--> NARRATIVE UTILITY** is brilliant! This community is meme-ing to call attention to the issue of sexual predators and getting them behind bars - Cris Hensan keeps it fun, but he means business! "Why don\'t you take a SEAT???" \n\n*This weekend we are taking in our first donation that is going to the Coalition to Abolish Slavery & Trafficking. BIG NEWS coming this week on the donation!!! We are going to make a splash!* \n\n*Every time our marketcap doubles, the community will make another donation. Community makes money, we give to a great cause = win-win. You know, unless you like having sexual predators roaming around...* \n**--> LOW MARKETCAP** \\- this coin is only one week old and sitting at 1M Marketcap. We held and grew through all the BTC halving nonsense. Sky is the limit for SEAT. Could be a next multi-mill coin. You are early! \n**--> TOKENOMICS ARE FOR THE PEOPLE** \\- Total Supply: 998,331,345 | 100 % Locked Utility | 100% of Liquidity Tokens are Burned | Immutable - like I said above, our dev Cris HATES rug pulls and made it his goal to make the most anti-rug token you could imagine. \n**--> COMMUNITY** is driven and active! Hop on the telegram chat and join a community that is positive, driven, mature, and focussed on our goal: blowing up SEAT, building life changing wealth, and putting perps away in the process! Don\'t believe me? Check out telegram and hang with us for a couple days - you\'ll see! \n**--> EXCHANGES** \\- currently SEAT is available on decentralized exchanges like Raydium & Jupiter - if you don\'t know how that works, just hit up the website for more info. This coin is young, which is where money is made - larger exchanges will come as the project grows. \n\n\n \nSo.. Still here? What are you waiting for? \n*WHY DON\'T YOU TAKE A $SEAT???!!!*\n\n \n[https://crishensan.com](https://crishensan.com) \n\nToken CA: 29ad8JW1YcVT3mxcvxJpe3EzWqXCGD7KaSRWrc3TEMWG ', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c9wxnk/why_dont_you_have_a_seat_hidden_gem_blowing_up_now/', '1c9wxnk', [['u/Comfortable_Brush295', 10, '2024-04-22 02:16', 'https://www.reddit.com/r/CryptoMoonShots/comments/1c9wxnk/why_dont_you_have_a_seat_hidden_gem_blowing_up_now/l0o8dzd/', 'Everyone should come and join us in taking a $SEAT', '1c9wxnk']]], ['u/Striking-Type-4162', 'BlackRock created the Bitcoin ETF', 53, '2024-04-22 03:10', 'https://www.reddit.com/r/Wallstreetsilver/comments/1c9y3xy/blackrock_created_the_bitcoin_etf/', 'BlackRock created the Bitcoin ETF as a way to launder your fiat dollars into the Bitcoin Ponzi, Because the elites know the U.S. banking system is going to collapse (credit markets) That’s the reason for the sudden passage of Ukraine and Israel funding. ($95 billion). Those laundered dollars will go through NGO’s which help fund Blackrock’s Bitcoin ETF. This is also why Janet Yellen is desperate to fund U.S. Treasuries. U.S. Treasury dollars are laundered through NGO’s Which provides free Bitcoin liquidity for the elites (off-balance sheet)', 'https://www.reddit.com/r/Wallstreetsilver/comments/1c9y3xy/blackrock_created_the_bitcoin_etf/', '1c9y3xy', [['u/New-Dealer5801', 11, '2024-04-22 03:23', 'https://www.reddit.com/r/Wallstreetsilver/comments/1c9y3xy/blackrock_created_the_bitcoin_etf/l0ohv2y/', 'Well if Main Street hasn’t picked up on this they deserve the crash! Bitcoin will be the greatest, till the power goes out!', '1c9y3xy'], ['u/ScreamingWeenie', 48, '2024-04-22 03:40', 'https://www.reddit.com/r/Wallstreetsilver/comments/1c9y3xy/blackrock_created_the_bitcoin_etf/l0ok5xn/', 'Explain it to me like I got injected with an experiment in exchange for a free donut.', '1c9y3xy'], ['u/reepotomac2', 13, '2024-04-22 03:51', 'https://www.reddit.com/r/Wallstreetsilver/comments/1c9y3xy/blackrock_created_the_bitcoin_etf/l0oloqu/', 'OK, the guy who set himself on fire at the Trump trial, he had a manifesto, I skimmed it. It said a lot about crypto and the real purpose of crypto.. Does this post kinda go along with his manifesto?', '1c9y3xy'], ['u/Striking-Type-4162', 13, '2024-04-22 04:03', 'https://www.reddit.com/r/Wallstreetsilver/comments/1c9y3xy/blackrock_created_the_bitcoin_etf/l0on9qo/', "BTC/USDT is an offshore unregulated debt/ponzi washing machine. Ukraine is used as the excuse to funnel $ in. Monetization ETF'S of debt and US CANT stop spending. They knew what was coming over a decade ago. They needed a way to continue.", '1c9y3xy']]], ['u/WatercressCurious980', 'Massive over 100% fee btc to xmr on cake', 29, '2024-04-22 04:24', 'https://www.reddit.com/r/darknet/comments/1c9zj4y/massive_over_100_fee_btc_to_xmr_on_cake/', 'Any ideas what’s happening or how to fix ', 'https://www.reddit.com/r/darknet/comments/1c9zj4y/massive_over_100_fee_btc_to_xmr_on_cake/', '1c9zj4y', [['u/Rmccarton', 35, '2024-04-22 05:40', 'https://www.reddit.com/r/darknet/comments/1c9zj4y/massive_over_100_fee_btc_to_xmr_on_cake/l0ozqn7/', 'Just use LTC, exchange for Monero in cake. It was the more economic method even before the bitcoin feees went bonkers. \xa0', '1c9zj4y'], ['u/Single_Pea', 19, '2024-04-22 06:43', 'https://www.reddit.com/r/darknet/comments/1c9zj4y/massive_over_100_fee_btc_to_xmr_on_cake/l0p6yqc/', "wait. it'll go down. shouldnt use btc ever like this tho.", '1c9zj4y'], ['u/ZestycloseWay2771', 19, '2024-04-22 12:35', 'https://www.reddit.com/r/darknet/comments/1c9zj4y/massive_over_100_fee_btc_to_xmr_on_cake/l0q1241/', 'Shouldn’t use BTC at all', '1c9zj4y']]], ['u/Freemasonsareevil', 'Is it worth buying thousands of dollars of LTC as a young person', 10, '2024-04-22 04:26', 'https://www.reddit.com/r/litecoin/comments/1c9zkmf/is_it_worth_buying_thousands_of_dollars_of_ltc_as/', 'So here’s my situation. I’m a 19 year old college student. I’m not broke but I’m also not able to pay for college myself lmao. I have over $5000 in total from my checkings and savings account + another 2000 in cash at home. Most of this is untouched really. I was thinking of maybe buying $2000 in crypto. Would that be worth it? And idk if I should do it all in LTC or maybe some in BTC or other crypto? It would suck losing $2000 but it would be very very nice tripling that or whatever. Plus this summer I will be working and making a lot more money… I would like opinions from those more experienced than me who is nice to crypto', 'https://www.reddit.com/r/litecoin/comments/1c9zkmf/is_it_worth_buying_thousands_of_dollars_of_ltc_as/', '1c9zkmf', [['u/Coldlog1k', 43, '2024-04-22 04:42', 'https://www.reddit.com/r/litecoin/comments/1c9zkmf/is_it_worth_buying_thousands_of_dollars_of_ltc_as/l0osky4/', '#1 rule of investing in ANYTHING: don’t invest money you can’t afford to lose. If your ok with possibly losing the entire thing and accept that you may not see returns for years if ever then do your research and invest in coins that you believe in. Anyone telling you buy this or buy that for a quick turnaround is lying or scamming.', '1c9zkmf'], ['u/0010011001101', 13, '2024-04-22 04:51', 'https://www.reddit.com/r/litecoin/comments/1c9zkmf/is_it_worth_buying_thousands_of_dollars_of_ltc_as/l0otp67/', 'From someone who was once young, enjoy the money you have when you have the youth to enjoy it on. \n\nYes, you may double, triple or quadruple the ‘dollar’ amount, but the happiness you will derive from the increased amount in the future will likely be less than the happiness you can afford yourself now, in the present. \n\nJust my two cents worth.', '1c9zkmf'], ['u/meshflesh40', 18, '2024-04-22 06:35', 'https... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['April 22 (UPI) --Independent presidential candidate Robert F. Kennedy Jr. said he would put the nation\'s budget on blockchain to increase government transparency and end corruption.\n"I\'m going to put the entire U.S. budget on blockchain so that every American -- every American can look at every budget item in the entire budget anytime they want 24 hours a day," Kennedytold a crowdSunday at a rally in Michigan.\nPutting the U.S. budget on blockchain would put it into a ledger of transactions associated with Bitcoin and other cryptocurrencies, allowing American taxpayers to track spending.\n"We\'re gonna have 300 million eyeballs on our budget, and if somebody is spending $16,000 for a toilet seat, everybody\'s gonna know about it," Kennedy said, referencing reports that the Pentagon paid $640 per toilet seat in the 1980s and $10,000 each to replace toilet seats in 2018.\nLast week, Kennedy, 70,qualified for Michigan\'s2024 presidential ballot. The environmental lawyer, who is vocally anti-vaccine, has also qualified for the ballot in Hawaii and Utah. His campaign has said that he has enough signatures to qualify for the ballot in North Carolina, New Hampshire, Nevada, Nebraska, Idaho and Iowa.\nKennedy, who originally launched his campaign as a Democrat before switching to an Independent, named California entrepreneur and lawyer Nicole Shanahan as hisvice presidential running matelast month, saying she "shares my indignation of big tech" as well as his disdain for "information warfare that our government is currently waging against the American people."\nKennedy, who is running against President Joe Biden with the Democratic nomination and former President Donald Trump with the Republican nomination, is the only presidential candidate to publicly endorse Bitcoin and even accepted Bitcoin campaign donations.\nIf elected, Kennedy has said he plans to back the U.S. dollar with Bitcoin. He also vowed to end Federal Reserve efforts to move toward a central bank digital currency, claiming it would infringe on privacy and would be "acalamity for human rightsand for civil rights."', "Bitcoin's Runes fungible token standard was launched as Bitcoin underwent its fourth halving event, resulting in unprecedented demand. The rush to launch Runes tokens created a frenzy, driving Bitcoin network fees to reach millions of dollars in the initial post-halving blocks. Creators believe that securing an early slot for their tokens contributes to their perceived value and appeal to traders. This phenomenon was previously observed with the NFT-like Ordinals on Bitcoin, where early inscription numbers fetched substantial sums on secondary marketplaces.\nGate.io, a centralized exchange, has alreadylistedthree of the earliest Runes tokens: SATOSHI•NAKAMOTO, MEME•ECONOMICS, and WANKO•MANKO•RUNES. SATOSHI•NAKAMOTO, MEME•ECONOMICS are among the first ten tokens created using the Runes protocol.\xa0 Speculation on social media suggests that the first ten Runes tokens, some of which are yet to be deployed, are highly sought after for exchange listings. However, WANKO•MANKO•RUNES has already deviated from this trend, possibly due to the hype generated by its association with a story written by Runes protocol creator Casey Rodarmor.\nGate.io listed the first BRC-20 token, ORDI, which has since gained significant value and is now listed on major exchanges like Binance and OKX. Some in the communityspeculatethat Binance's recent tweet expressing interest in Runes indicates potential support from the exchange, given its previous listing of several Bitcoin-based BRC-20 tokens.", "Bitcoin's Runes fungible token standard was launched as Bitcoin underwent its fourth halving event, resulting in unprecedented demand. The rush to launch Runes tokens created a frenzy, driving Bitcoin network fees to reach millions of dollars in the initial post-halving blocks. Creators believe that securing an early slot for their tokens contributes to their perceived value and appeal to traders. This phenomenon was previously observed with the NFT-like Ordinals on Bitcoin, where early inscription numbers fetched substantial sums on secondary marketplaces.\nGate.io, a centralized exchange, has alreadylistedthree of the earliest Runes tokens: SATOSHI•NAKAMOTO, MEME•ECONOMICS, and WANKO•MANKO•RUNES. SATOSHI•NAKAMOTO, MEME•ECONOMICS are among the first ten tokens created using the Runes protocol.\xa0 Speculation on social media suggests that the first ten Runes tokens, some of which are yet to be deployed, are highly sought after for exchange listings. However, WANKO•MANKO•RUNES has already deviated from this trend, possibly due to the hype generated by its association with a story written by Runes protocol creator Casey Rodarmor.\nGate.io listed the first BRC-20 token, ORDI, which has since gained significant value and is now listed on major exchanges like Binance and OKX. Some in the communityspeculatethat Binance's recent tweet expressing interest in Runes indicates potential support from the exchange, given its previous listing of several Bitcoin-based BRC-20 tokens.", "Bitcoin and Ethereum are experiencing modest gains in the past 24 hours, up 2.25% and 0.90% respectively. However,PEPE, a leading Ethereum-based memecoin is emerging as one of the best performers among the top 100 coins by market capitalization. Over the past 24 hours, PEPE's price has spiked from $0.00000572 to its current value of $0.000006793, marking a remarkable 10.25% surge. In the past seven days, it has seen an impressive 35% jump.\nThe recent surge in price follows theannouncementby Coinbase International, the global arm of the largest U.S. crypto exchange, regarding the listing of PEPE perpetual contracts. This move is particularly significant as it increases liquidity and exposure for the asset. Initially scheduled for April 18, the opening of Coinbase's 1000PEPE-PERP market was delayed due to technical reasons. However, trading is now set to commence on Tuesday, April 23.\nThe news of Coinbase's listing was met with great enthusiasm across Crypto Twitter. Coinbase also revealed plans for perpetual futures involving Dogwifhat (WIF), a prominent Solana memecoin, with trading slated to begin on April 25.\nPEPE rallied by over 700% from the end of February on the back of a memecoin trading frenzy in the crypto markets. However, it underwent a significant correction since touching an all-time highs of $0.00001074 on March 14, retracing by almost 50%. Currently, PEPE’s futures contractssawa 25% increase in open interest, totalling $224.50 million.", 'Following a period of losses, U.S. stocks showed resilience with the S&P 500 closing higher on Monday, as investors shift their focus to upcoming earnings reports from major companies. This renewed interest in corporate performance highlights the importance of understanding factors like insider ownership and earnings growth potential in selecting stocks during uncertain economic times.\n[{"Name": "PDD Holdings (NasdaqGS:PDD)", "Insider Ownership": "33.6%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Atour Lifestyle Holdings (NasdaqGS:ATAT)", "Insider Ownership": "28.6%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Li Auto (NasdaqGS:LI)", "Insider Ownership": "31.3%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Super Micro Computer (NasdaqGS:SMCI)", "Insider Ownership": "14.3%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Alkami Technology (NasdaqGS:ALKT)", "Insider Ownership": "14.4%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Cipher Mining (NasdaqGS:CIFR)", "Insider Ownership": "19.6%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Carlyle Group (NasdaqGS:CG)", "Insider Ownership": "27.3%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Establishment Labs Holdings (NasdaqCM:ESTA)", "Insider Ownership": "11.2%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "BBB Foods (NYSE:TBBB)", "Insider Ownership": "23.8%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "EHang Holdings (NasdaqGM:EH)", "Insider Ownership": "33%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}]\nClick here to see the full list of 135 stocks from our Fast Growing Companies With High Insider Ownership screener.\nUnderneath we present a selection of stocks filtered out by our screen.\nSimply Wall St Growth Rating:★★★★★☆\nOverview:TeraWulf Inc., along with its subsidiaries, functions as a digital asset technology company in the United States, with a market capitalization of approximately $779.77 million.\nOperations:The company generates revenue primarily from digital currency mining, which amounted to $69.23 million.\nInsider Ownership:20.9%\nEarnings Growth Forecast:132.9% p.a.\nTeraWulf, trading 84.9% below its estimated fair value, is poised for substantial growth with earnings expected to increase significantly. Despite recent shareholder dilution and a volatile share price, the company\'s revenue growth forecast at 49.7% annually surpasses the US market average. Recent actions include repaying US$30.1 million of debt and expanding share authorization to support growth initiatives, aligning with its strategic goals to enhance infrastructure capacity significantly by 2025.\n• Navigate through the intricacies of TeraWulf with our comprehensive analyst estimates report here.\n• Our valuation report here indicates TeraWulf may be undervalued.\nSimply Wall St Growth Rating:★★★★★★\nOverview:Cipher Mining Inc. operates large-scale bitcoin mining data centers in the United States and has a market capitalization of approximately $1.33 billion.\nOperations:The company generates its revenue primarily from software and programming, totaling approximately $126.84 million.\nInsider Ownership:19.6%\nEarnings Growth Forec **Last 60 Days of Bitcoin's Closing Prices:** [50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-23 **Financial & Commodity Data:** - Gold Closing Price: $2327.70 - Crude Oil Closing Price: $83.36 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,305,205,570,594 - Hash Rate: 721458957.5903468 - Transaction Count: 927010.0 - Unique Addresses: 441797.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.71 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • US stocks dropped on Monday as investors await a key February inflation report. • The February CPI report will be released Tuesday morning, and it will help inform when the Fed might cut interest rates. • CPI year-over-year is expected to hit 3.1%, which is just above the Fed's long-term 2% target. US stocks slipped on Monday as investors awaited the release of a key inflation report. The February CPI report will be released Tuesday morning, and it will help inform investors when the Federal Reserve might cut interest rates. The median forecast suggests year-over-year CPI will hit 3.1%, which still above the Fed's long-term target of 2%. The month-over-month Core CPI figure is expected to be 0.3%, which would be in line with the hotter-than-expected January CPI report. "We lean towards this being a 'hot' CPI print, meaning the inflation for Feb core CPI likely is above the Street's +0.30% MoM," Fundstrat's Tom Lee told clients in a note on Monday. If the stock market sells off in the face of a hot inflation report, Lee said it would likely prove to be a "buy the dip" moment, as much of the inflation in February is likely to have been driven by "residual seasonality that should fade by March," Lee said. Here's where US indexes stood shortly after the 9:30 a.m. opening bell on Monday: • S&P 500:5,110.11, down 0.26% • Dow Jones Industrial Average:38,665.47, down 0.15% (-57.22 points) • Nasdaq Composite:16,005.57, down 0.45% Here's what else is going on today: • Bitcoin hit a record high on Monday when it jumped above the $72,000 level. The upcoming halving event has generated excitement for the cryptocurrency. • Moscow is doubling down on its trade partnership with Beijing,outlining plans to invest billions in two key rail lines. • No interest rate cuts in 2024 wouldn't spell doom for the broader stock market,according to billionaire investor Ken Fisher. In commodities, bonds, and crypto: • West Texas Intermediatecrude oil fell 0.54% to $77.59 a barrel.Brent crude, the international benchmark, dropped 0.39% to $81.76 a barrel. • Golddeclined by 0.06% to $2,184.10 per ounce. • The 10-year Treasury yield was flat at 4.08%. • Bitcoinjumped 4.67% to $72,244. Read the original article onBusiness Insider... - Reddit Posts (Sample): [['u/TypicalAd3689', '🫡', 36, '2024-04-23 01:04', 'https://www.reddit.com/r/NervosNetwork/comments/1cap02q/_/', 'Strap in yall $BTC is looking good and $CKB is holding steady. ', 'https://www.reddit.com/r/NervosNetwork/comments/1cap02q/_/', '1cap02q', [['u/zan1019', 11, '2024-04-23 02:11', 'https://www.reddit.com/r/NervosNetwork/comments/1cap02q/_/l0tesj7/', "Ready for liftoff, going to be an exciting end of the year going into '25", '1cap02q'], ['u/Jolly_Schedule5772', 11, '2024-04-23 04:06', 'https://www.reddit.com/r/NervosNetwork/comments/1cap02q/_/l0twaoc/', "If meme coins can have +40B market caps, I think CKB can, too. Especially because it brings so much more value to btc, which all coins follow in price trends already. The killer is that ckb is not even built specifically to be a btc L2, but it is perfect for that job naturally. It's an L1 that brings more to the table than many 50B L1's even do.\n\nTime is the only thing in question here tbh.", '1cap02q']]], ['u/Top_Personality_6560', 'Can someone explain why quantum computing is not a threat?', 169, '2024-04-23 01:29', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/', 'For the record, I’m a big believer in bitcoin and plan to hold for the long term. However, I do think quantum computing poses a significant risk. I hear people discuss that we will simply switch to a quantum proof hashing algorithm when the time comes which is fine.\n\nHowever, everyone seems to gloss over the dead coins that will not be updated to these algorithms making them vulnerable. These coins (including satoshis) will most likely be stolen and dumped on the market crashing the price. (Governments will likely have incentive to do this as well.)\n\nI understand this won’t happen until at least 5-10 years from now, but knowing that the event WILL occur at some point does seem to be concerning. Can someone please explain why this is not a threat for a long term investor (my plan is to never stop DCAing).', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/', '1capl5y', [['u/volocom7', 477, '2024-04-23 01:37', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0t9p54/', 'A computational advancement that could break the security of Bitcoin would also be able to break every other cyber security on the planet. This includes your standard banks.\n\nBitcoin would be the last of your problems. \n\nBecause of this, I view it as negligible. To me it’s the same as saying what if a comet destroyed the earth and everyone on it? Bitcoin would be dead!', '1capl5y'], ['u/Top_Personality_6560', 27, '2024-04-23 01:39', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0t9y90/', 'I do agree with you. But banks and all other centralized systems can upgrade after the vulnerability is discovered. Bitcoins dead coins do not have that luxury. That’s the primary concern to me.', '1capl5y'], ['u/iratezero', 57, '2024-04-23 01:45', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tauyf/', 'You just answered your own question. Bitcoin can be updated (with consensus) to be quantum resistant in the same way.', '1capl5y'], ['u/pdx1086', 40, '2024-04-23 01:51', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tbvqc/', 'Andreas has covered this question ad nauseam. multiple vids on yt', '1capl5y'], ['u/Tvmouth', 16, '2024-04-23 01:53', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tc2mi/', 'Quantum Computing is being treated like a new type of spyglass that looks into the future, but the technology interface is more like using a spyglass as a shelf.', '1capl5y'], ['u/ElDubardo', 11, '2024-04-23 02:54', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tlaxv/', 'Bitcoin can be updated and backtracked to a block before a quantum attack.', '1capl5y'], ['u/zzx101', 22, '2024-04-23 03:11', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tnyfe/', 'This is a good point. Conceptually, I agree there doesn’t seem to be way to secure “dead” addresses.\n\nI also don’t believe we’re 5-10 years away from this technology. Seems something like 50-100 years.', '1capl5y'], ['u/mastermilian', 16, '2024-04-23 03:20', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tp844/', "Technically speaking any code can be fixed but it's the logistics that make things difficult. For example, if there was a viable attack against existing addresses and their private keys, how would a migration occur? What would happen to lost/dead addresses that didn't migrate? If you had a cut-off date, many people would inevitably miss it and lose their coins. This isn't the same problem as a centralized bank would have. Centralized systems are going to have a lot less challenges and worst case can shut down their systems until the problem is resolved.", '1capl5y'], ['u/heyitscory', 82, '2024-04-23 03:21', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tpf6k/', 'Yikes, it\'s like the thumbs up test with the mushroom cloud.\n\n\n"Of course it\'s nothing to worry about. Because if it happens, we\'re fucked."', '1capl5y'], ['u/taribor', 32, '2024-04-23 03:23', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tpnv9/', 'Qantum computing is a threat vector in anywhere from 2-10 years. To deny/ignore that is a serious mistake in my humble opinion. There are projects out there (disclaimer - I own QANX, a layer one quantum project but there are others as well) working to address it and if you talk to cryptographers, there are ways to mitigate near term attacks, but they involve hard forks and do nothing to secure dormant btc wallets. NSC has been on top of it as well. The old argument "when quantum hacks come we are all screwed anyway" is simply not true. Longer term, it is the old sword and shield analogy.....hackers will hack and cybersecurity will catch up, and the cycle will go on. Personally, I don\'t dwell on it but when I see intel agencies and countries taking it seriously, so do I.', '1capl5y'], ['u/F0rtysxity', 12, '2024-04-23 03:48', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0ttkd0/', "A) as other pointed out it would/could destroy any computational records.\n\nB) devs (with miners) could always agree to roll back the Bitcoin ledger to the date before the 'hack' occurred. They could develop a new level of encryption and then fork the Bitcoin ledger at the kosher date. It would be messy. Any legitimate transactions made after that date would be lost. But believe that would be the way to go about it.", '1capl5y'], ['u/analogOnly', 17, '2024-04-23 04:06', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tw998/', "> but it's the logistics that make things difficult.\n\nNot really, EVERYONE's bitcoin would be at stake. So there's A LOT of incentive to fix it before it becomes a real problem. \nThere are several quantum resistant and quantum proof algorithms that can be utilized. It would require a hardfork, but given the danger I think it wouldn't be difficult to get consensus of everyone on the new fork.", '1capl5y'], ['u/ju5tjame5', 11, '2024-04-23 04:49', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0u2spn/', "I believed this as well before I did more research. For the past decade or so, they've been in the process of upgrading everything to a different form of encryption that can't be broken by quantum computing.", '1capl5y'], ['u/LongLonMan', 17, '2024-04-23 04:58', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0u43gy/', 'It’s closer than you think', '1capl5y'], ['u/Original_Lab628', 10, '2024-04-23 05:35', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0u92r2/', 'Bingo. This is the perfect response to a lazy parroted answer likely given by someone who knows nothing about SHA-256. \n\nBanks can upgrade overnight because they are centralized and can also reverse transactions, while Bitcoin has to fight another fork war for years before this gets decided, with no way to reverse the transactions from theft that happened during this interim period. \n\nThe fact that guy compared cracking SHA-256 to a comet wiping out the earth is just absolutely comical, especially when it’s guaranteed to happen by the end of this decade. \n\nYou asked a super legitimate question and of course, you’re getting lazy answers that parrot the mainstream view from people who know absolutely nothing about encryption and parrot what they heard from their local crypto trading bro.', '1capl5y'], ['u/Original_Lab628', 10, '2024-04-23 05:37', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0u9b1s/', 'The banks could adopt this overnight, but Bitcoiners would have to fight a multi year fork war to decide whose solution to the quantum problem is the best. Decentralization is great for censorship resistant, but not so great at dealing with existential threats because of the collective action problem.', '1capl5y'], ['u/BigTimeButNotReally', 14, '2024-04-23 06:00', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0uc80z/', "Said every tech person, about every tech thing ever. I've got news for you: it's farther off than you think.", '1capl5y'], ['u/Ok-Two3581', 21, '2024-04-23 06:09', 'https:... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['April 22 (UPI) --Independent presidential candidate Robert F. Kennedy Jr. said he would put the nation\'s budget on blockchain to increase government transparency and end corruption.\n"I\'m going to put the entire U.S. budget on blockchain so that every American -- every American can look at every budget item in the entire budget anytime they want 24 hours a day," Kennedytold a crowdSunday at a rally in Michigan.\nPutting the U.S. budget on blockchain would put it into a ledger of transactions associated with Bitcoin and other cryptocurrencies, allowing American taxpayers to track spending.\n"We\'re gonna have 300 million eyeballs on our budget, and if somebody is spending $16,000 for a toilet seat, everybody\'s gonna know about it," Kennedy said, referencing reports that the Pentagon paid $640 per toilet seat in the 1980s and $10,000 each to replace toilet seats in 2018.\nLast week, Kennedy, 70,qualified for Michigan\'s2024 presidential ballot. The environmental lawyer, who is vocally anti-vaccine, has also qualified for the ballot in Hawaii and Utah. His campaign has said that he has enough signatures to qualify for the ballot in North Carolina, New Hampshire, Nevada, Nebraska, Idaho and Iowa.\nKennedy, who originally launched his campaign as a Democrat before switching to an Independent, named California entrepreneur and lawyer Nicole Shanahan as hisvice presidential running matelast month, saying she "shares my indignation of big tech" as well as his disdain for "information warfare that our government is currently waging against the American people."\nKennedy, who is running against President Joe Biden with the Democratic nomination and former President Donald Trump with the Republican nomination, is the only presidential candidate to publicly endorse Bitcoin and even accepted Bitcoin campaign donations.\nIf elected, Kennedy has said he plans to back the U.S. dollar with Bitcoin. He also vowed to end Federal Reserve efforts to move toward a central bank digital currency, claiming it would infringe on privacy and would be "acalamity for human rightsand for civil rights."', "Bitcoin's Runes fungible token standard was launched as Bitcoin underwent its fourth halving event, resulting in unprecedented demand. The rush to launch Runes tokens created a frenzy, driving Bitcoin network fees to reach millions of dollars in the initial post-halving blocks. Creators believe that securing an early slot for their tokens contributes to their perceived value and appeal to traders. This phenomenon was previously observed with the NFT-like Ordinals on Bitcoin, where early inscription numbers fetched substantial sums on secondary marketplaces.\nGate.io, a centralized exchange, has alreadylistedthree of the earliest Runes tokens: SATOSHI•NAKAMOTO, MEME•ECONOMICS, and WANKO•MANKO•RUNES. SATOSHI•NAKAMOTO, MEME•ECONOMICS are among the first ten tokens created using the Runes protocol.\xa0 Speculation on social media suggests that the first ten Runes tokens, some of which are yet to be deployed, are highly sought after for exchange listings. However, WANKO•MANKO•RUNES has already deviated from this trend, possibly due to the hype generated by its association with a story written by Runes protocol creator Casey Rodarmor.\nGate.io listed the first BRC-20 token, ORDI, which has since gained significant value and is now listed on major exchanges like Binance and OKX. Some in the communityspeculatethat Binance's recent tweet expressing interest in Runes indicates potential support from the exchange, given its previous listing of several Bitcoin-based BRC-20 tokens.", "Bitcoin's Runes fungible token standard was launched as Bitcoin underwent its fourth halving event, resulting in unprecedented demand. The rush to launch Runes tokens created a frenzy, driving Bitcoin network fees to reach millions of dollars in the initial post-halving blocks. Creators believe that securing an early slot for their tokens contributes to their perceived value and appeal to traders. This phenomenon was previously observed with the NFT-like Ordinals on Bitcoin, where early inscription numbers fetched substantial sums on secondary marketplaces.\nGate.io, a centralized exchange, has alreadylistedthree of the earliest Runes tokens: SATOSHI•NAKAMOTO, MEME•ECONOMICS, and WANKO•MANKO•RUNES. SATOSHI•NAKAMOTO, MEME•ECONOMICS are among the first ten tokens created using the Runes protocol.\xa0 Speculation on social media suggests that the first ten Runes tokens, some of which are yet to be deployed, are highly sought after for exchange listings. However, WANKO•MANKO•RUNES has already deviated from this trend, possibly due to the hype generated by its association with a story written by Runes protocol creator Casey Rodarmor.\nGate.io listed the first BRC-20 token, ORDI, which has since gained significant value and is now listed on major exchanges like Binance and OKX. Some in the communityspeculatethat Binance's recent tweet expressing interest in Runes indicates potential support from the exchange, given its previous listing of several Bitcoin-based BRC-20 tokens.", "Bitcoin and Ethereum are experiencing modest gains in the past 24 hours, up 2.25% and 0.90% respectively. However,PEPE, a leading Ethereum-based memecoin is emerging as one of the best performers among the top 100 coins by market capitalization. Over the past 24 hours, PEPE's price has spiked from $0.00000572 to its current value of $0.000006793, marking a remarkable 10.25% surge. In the past seven days, it has seen an impressive 35% jump.\nThe recent surge in price follows theannouncementby Coinbase International, the global arm of the largest U.S. crypto exchange, regarding the listing of PEPE perpetual contracts. This move is particularly significant as it increases liquidity and exposure for the asset. Initially scheduled for April 18, the opening of Coinbase's 1000PEPE-PERP market was delayed due to technical reasons. However, trading is now set to commence on Tuesday, April 23.\nThe news of Coinbase's listing was met with great enthusiasm across Crypto Twitter. Coinbase also revealed plans for perpetual futures involving Dogwifhat (WIF), a prominent Solana memecoin, with trading slated to begin on April 25.\nPEPE rallied by over 700% from the end of February on the back of a memecoin trading frenzy in the crypto markets. However, it underwent a significant correction since touching an all-time highs of $0.00001074 on March 14, retracing by almost 50%. Currently, PEPE’s futures contractssawa 25% increase in open interest, totalling $224.50 million.", 'Following a period of losses, U.S. stocks showed resilience with the S&P 500 closing higher on Monday, as investors shift their focus to upcoming earnings reports from major companies. This renewed interest in corporate performance highlights the importance of understanding factors like insider ownership and earnings growth potential in selecting stocks during uncertain economic times.\n[{"Name": "PDD Holdings (NasdaqGS:PDD)", "Insider Ownership": "33.6%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Atour Lifestyle Holdings (NasdaqGS:ATAT)", "Insider Ownership": "28.6%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Li Auto (NasdaqGS:LI)", "Insider Ownership": "31.3%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Super Micro Computer (NasdaqGS:SMCI)", "Insider Ownership": "14.3%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Alkami Technology (NasdaqGS:ALKT)", "Insider Ownership": "14.4%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Cipher Mining (NasdaqGS:CIFR)", "Insider Ownership": "19.6%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Carlyle Group (NasdaqGS:CG)", "Insider Ownership": "27.3%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "Establishment Labs Holdings (NasdaqCM:ESTA)", "Insider Ownership": "11.2%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "BBB Foods (NYSE:TBBB)", "Insider Ownership": "23.8%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}, {"Name": "EHang Holdings (NasdaqGM:EH)", "Insider Ownership": "33%", "Growth Rating": "\\u2605\\u2605\\u2605\\u2605\\u2605\\u2605"}]\nClick here to see the full list of 135 stocks from our Fast Growing Companies With High Insider Ownership screener.\nUnderneath we present a selection of stocks filtered out by our screen.\nSimply Wall St Growth Rating:★★★★★☆\nOverview:TeraWulf Inc., along with its subsidiaries, functions as a digital asset technology company in the United States, with a market capitalization of approximately $779.77 million.\nOperations:The company generates revenue primarily from digital currency mining, which amounted to $69.23 million.\nInsider Ownership:20.9%\nEarnings Growth Forecast:132.9% p.a.\nTeraWulf, trading 84.9% below its estimated fair value, is poised for substantial growth with earnings expected to increase significantly. Despite recent shareholder dilution and a volatile share price, the company\'s revenue growth forecast at 49.7% annually surpasses the US market average. Recent actions include repaying US$30.1 million of debt and expanding share authorization to support growth initiatives, aligning with its strategic goals to enhance infrastructure capacity significantly by 2025.\n• Navigate through the intricacies of TeraWulf with our comprehensive analyst estimates report here.\n• Our valuation report here indicates TeraWulf may be undervalued.\nSimply Wall St Growth Rating:★★★★★★\nOverview:Cipher Mining Inc. operates large-scale bitcoin mining data centers in the United States and has a market capitalization of approximately $1.33 billion.\nOperations:The company generates its revenue primarily from software and programming, totaling approximately $126.84 million.\nInsider Ownership:19.6%\nEarnings Growth Forec **Last 60 Days of Bitcoin's Closing Prices:** [50731.95, 51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-23 **Financial & Commodity Data:** - Gold Closing Price: $2327.70 - Crude Oil Closing Price: $83.36 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,305,205,570,594 - Hash Rate: 721458957.5903468 - Transaction Count: 927010.0 - Unique Addresses: 441797.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.71 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • US stocks dropped on Monday as investors await a key February inflation report. • The February CPI report will be released Tuesday morning, and it will help inform when the Fed might cut interest rates. • CPI year-over-year is expected to hit 3.1%, which is just above the Fed's long-term 2% target. US stocks slipped on Monday as investors awaited the release of a key inflation report. The February CPI report will be released Tuesday morning, and it will help inform investors when the Federal Reserve might cut interest rates. The median forecast suggests year-over-year CPI will hit 3.1%, which still above the Fed's long-term target of 2%. The month-over-month Core CPI figure is expected to be 0.3%, which would be in line with the hotter-than-expected January CPI report. "We lean towards this being a 'hot' CPI print, meaning the inflation for Feb core CPI likely is above the Street's +0.30% MoM," Fundstrat's Tom Lee told clients in a note on Monday. If the stock market sells off in the face of a hot inflation report, Lee said it would likely prove to be a "buy the dip" moment, as much of the inflation in February is likely to have been driven by "residual seasonality that should fade by March," Lee said. Here's where US indexes stood shortly after the 9:30 a.m. opening bell on Monday: • S&P 500:5,110.11, down 0.26% • Dow Jones Industrial Average:38,665.47, down 0.15% (-57.22 points) • Nasdaq Composite:16,005.57, down 0.45% Here's what else is going on today: • Bitcoin hit a record high on Monday when it jumped above the $72,000 level. The upcoming halving event has generated excitement for the cryptocurrency. • Moscow is doubling down on its trade partnership with Beijing,outlining plans to invest billions in two key rail lines. • No interest rate cuts in 2024 wouldn't spell doom for the broader stock market,according to billionaire investor Ken Fisher. In commodities, bonds, and crypto: • West Texas Intermediatecrude oil fell 0.54% to $77.59 a barrel.Brent crude, the international benchmark, dropped 0.39% to $81.76 a barrel. • Golddeclined by 0.06% to $2,184.10 per ounce. • The 10-year Treasury yield was flat at 4.08%. • Bitcoinjumped 4.67% to $72,244. Read the original article onBusiness Insider... - Reddit Posts (Sample): [['u/TypicalAd3689', '🫡', 36, '2024-04-23 01:04', 'https://www.reddit.com/r/NervosNetwork/comments/1cap02q/_/', 'Strap in yall $BTC is looking good and $CKB is holding steady. ', 'https://www.reddit.com/r/NervosNetwork/comments/1cap02q/_/', '1cap02q', [['u/zan1019', 11, '2024-04-23 02:11', 'https://www.reddit.com/r/NervosNetwork/comments/1cap02q/_/l0tesj7/', "Ready for liftoff, going to be an exciting end of the year going into '25", '1cap02q'], ['u/Jolly_Schedule5772', 11, '2024-04-23 04:06', 'https://www.reddit.com/r/NervosNetwork/comments/1cap02q/_/l0twaoc/', "If meme coins can have +40B market caps, I think CKB can, too. Especially because it brings so much more value to btc, which all coins follow in price trends already. The killer is that ckb is not even built specifically to be a btc L2, but it is perfect for that job naturally. It's an L1 that brings more to the table than many 50B L1's even do.\n\nTime is the only thing in question here tbh.", '1cap02q']]], ['u/Top_Personality_6560', 'Can someone explain why quantum computing is not a threat?', 169, '2024-04-23 01:29', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/', 'For the record, I’m a big believer in bitcoin and plan to hold for the long term. However, I do think quantum computing poses a significant risk. I hear people discuss that we will simply switch to a quantum proof hashing algorithm when the time comes which is fine.\n\nHowever, everyone seems to gloss over the dead coins that will not be updated to these algorithms making them vulnerable. These coins (including satoshis) will most likely be stolen and dumped on the market crashing the price. (Governments will likely have incentive to do this as well.)\n\nI understand this won’t happen until at least 5-10 years from now, but knowing that the event WILL occur at some point does seem to be concerning. Can someone please explain why this is not a threat for a long term investor (my plan is to never stop DCAing).', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/', '1capl5y', [['u/volocom7', 477, '2024-04-23 01:37', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0t9p54/', 'A computational advancement that could break the security of Bitcoin would also be able to break every other cyber security on the planet. This includes your standard banks.\n\nBitcoin would be the last of your problems. \n\nBecause of this, I view it as negligible. To me it’s the same as saying what if a comet destroyed the earth and everyone on it? Bitcoin would be dead!', '1capl5y'], ['u/Top_Personality_6560', 27, '2024-04-23 01:39', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0t9y90/', 'I do agree with you. But banks and all other centralized systems can upgrade after the vulnerability is discovered. Bitcoins dead coins do not have that luxury. That’s the primary concern to me.', '1capl5y'], ['u/iratezero', 57, '2024-04-23 01:45', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tauyf/', 'You just answered your own question. Bitcoin can be updated (with consensus) to be quantum resistant in the same way.', '1capl5y'], ['u/pdx1086', 40, '2024-04-23 01:51', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tbvqc/', 'Andreas has covered this question ad nauseam. multiple vids on yt', '1capl5y'], ['u/Tvmouth', 16, '2024-04-23 01:53', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tc2mi/', 'Quantum Computing is being treated like a new type of spyglass that looks into the future, but the technology interface is more like using a spyglass as a shelf.', '1capl5y'], ['u/ElDubardo', 11, '2024-04-23 02:54', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tlaxv/', 'Bitcoin can be updated and backtracked to a block before a quantum attack.', '1capl5y'], ['u/zzx101', 22, '2024-04-23 03:11', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tnyfe/', 'This is a good point. Conceptually, I agree there doesn’t seem to be way to secure “dead” addresses.\n\nI also don’t believe we’re 5-10 years away from this technology. Seems something like 50-100 years.', '1capl5y'], ['u/mastermilian', 16, '2024-04-23 03:20', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tp844/', "Technically speaking any code can be fixed but it's the logistics that make things difficult. For example, if there was a viable attack against existing addresses and their private keys, how would a migration occur? What would happen to lost/dead addresses that didn't migrate? If you had a cut-off date, many people would inevitably miss it and lose their coins. This isn't the same problem as a centralized bank would have. Centralized systems are going to have a lot less challenges and worst case can shut down their systems until the problem is resolved.", '1capl5y'], ['u/heyitscory', 82, '2024-04-23 03:21', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tpf6k/', 'Yikes, it\'s like the thumbs up test with the mushroom cloud.\n\n\n"Of course it\'s nothing to worry about. Because if it happens, we\'re fucked."', '1capl5y'], ['u/taribor', 32, '2024-04-23 03:23', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tpnv9/', 'Qantum computing is a threat vector in anywhere from 2-10 years. To deny/ignore that is a serious mistake in my humble opinion. There are projects out there (disclaimer - I own QANX, a layer one quantum project but there are others as well) working to address it and if you talk to cryptographers, there are ways to mitigate near term attacks, but they involve hard forks and do nothing to secure dormant btc wallets. NSC has been on top of it as well. The old argument "when quantum hacks come we are all screwed anyway" is simply not true. Longer term, it is the old sword and shield analogy.....hackers will hack and cybersecurity will catch up, and the cycle will go on. Personally, I don\'t dwell on it but when I see intel agencies and countries taking it seriously, so do I.', '1capl5y'], ['u/F0rtysxity', 12, '2024-04-23 03:48', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0ttkd0/', "A) as other pointed out it would/could destroy any computational records.\n\nB) devs (with miners) could always agree to roll back the Bitcoin ledger to the date before the 'hack' occurred. They could develop a new level of encryption and then fork the Bitcoin ledger at the kosher date. It would be messy. Any legitimate transactions made after that date would be lost. But believe that would be the way to go about it.", '1capl5y'], ['u/analogOnly', 17, '2024-04-23 04:06', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0tw998/', "> but it's the logistics that make things difficult.\n\nNot really, EVERYONE's bitcoin would be at stake. So there's A LOT of incentive to fix it before it becomes a real problem. \nThere are several quantum resistant and quantum proof algorithms that can be utilized. It would require a hardfork, but given the danger I think it wouldn't be difficult to get consensus of everyone on the new fork.", '1capl5y'], ['u/ju5tjame5', 11, '2024-04-23 04:49', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0u2spn/', "I believed this as well before I did more research. For the past decade or so, they've been in the process of upgrading everything to a different form of encryption that can't be broken by quantum computing.", '1capl5y'], ['u/LongLonMan', 17, '2024-04-23 04:58', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0u43gy/', 'It’s closer than you think', '1capl5y'], ['u/Original_Lab628', 10, '2024-04-23 05:35', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0u92r2/', 'Bingo. This is the perfect response to a lazy parroted answer likely given by someone who knows nothing about SHA-256. \n\nBanks can upgrade overnight because they are centralized and can also reverse transactions, while Bitcoin has to fight another fork war for years before this gets decided, with no way to reverse the transactions from theft that happened during this interim period. \n\nThe fact that guy compared cracking SHA-256 to a comet wiping out the earth is just absolutely comical, especially when it’s guaranteed to happen by the end of this decade. \n\nYou asked a super legitimate question and of course, you’re getting lazy answers that parrot the mainstream view from people who know absolutely nothing about encryption and parrot what they heard from their local crypto trading bro.', '1capl5y'], ['u/Original_Lab628', 10, '2024-04-23 05:37', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0u9b1s/', 'The banks could adopt this overnight, but Bitcoiners would have to fight a multi year fork war to decide whose solution to the quantum problem is the best. Decentralization is great for censorship resistant, but not so great at dealing with existential threats because of the collective action problem.', '1capl5y'], ['u/BigTimeButNotReally', 14, '2024-04-23 06:00', 'https://www.reddit.com/r/Bitcoin/comments/1capl5y/can_someone_explain_why_quantum_computing_is_not/l0uc80z/', "Said every tech person, about every tech thing ever. I've got news for you: it's farther off than you think.", '1capl5y'], ['u/Ok-Two3581', 21, '2024-04-23 06:09', 'https:... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["• Markets climbed higher as investors get ready for a line up of mega-cap earnings.\n• Tuesday continued this week's steady rebound, after stocks fell sharply last week.\n• Tesla will report on Tuesday, followed by Meta, Alphabet, and Microsoft later in the week.\nStocks ticked higher Tuesday morning, as a lineup of mega-cap earnings this week fuels hope for a market comeback.\nThat's after the equity rally tumbled sharply last week, with rate-cut outlooks crushed by hot economic data. As monetary policy isn't expected to ease any time soon, Treasury bond yields continued to rise higher Tuesday.\nInvestors are pinning their hopes on strong earnings to kickstart a new rally, with the stock market's 10% year-to-date gain through the end of March now cut by more than half.\nOn Tuesday, markets will watch for Tesla's report after the closing bell, though its recent performance has investors on edge. Tesla stock is down over 40% year-to-date, and a first-quarter delivery flop haseroded Wall Street confidence.\nMeta's earnings are set to follow on Wednesday, after which Alphabet and Microsoft will report on Thursday.\nHere's where US indexes stood at the 9:30 a.m. opening bell on Tuesday:\n• S&P 500: 5,034.26, up 0.47%\n• Dow Jones Industrial Average: 38,341.68, up 0.27% (+103 points)\n• Nasdaq Composite: 15,544.24, up 0.6%\nHere's what else is going on:\n• The yield curve has been inverted for 18 monthswith no recession - but a slowdown still looms, a strategist says.\n• Bubble tea's surging popularity has minted a number ofChinese billionaires.\n• Investor Steve Cohen wantsSEC approval for a 24-hour trading exchange.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dropped by 0.5% to $81.50 a barrel.Brent crude, the international benchmark, slid 0.5% to 86.58 a barrel.\n• Goldfell by 0.9% to $2,325.80 an ounce.\n• The 10-year Treasury yield rose two basis points to 4.646%.\n• Bitcoinwas down 1% to $65,990.\nRead the original article onBusiness Insider", "• Stocks accelerated their rebound after suffering heavy losses last week.\n• Investors are turning their attention to mega-cap earnings, hoping for a new rally catalyst.\n• Tesla is slated to report after Tuesday's closing bell, followed by Meta on Wednesday.\nThis week's equity comeback accelerated on Tuesday, as investors ready themselves for a number of major earnings reports.\nAlthough dashed rate-cut outlooks pummeled markets last week, attention has now shifted to the upcoming reports of high-profile companies.Teslais slated to publish after Tuesday's closing bell, with many onWall Street having misgivingsabout its performance, given its massive stock slide and first-quarter delivery disappointment.\nMeta, Alphabet and Microsoft will follow later in the week. If earnings exceed expectations, investors are hoping to jump-start another rally, with the stock market's 10% year-to-date gain through the end of March now cut by more than half.\nThrough Tuesday, around 20% of S&P 500 firms have reported earnings, with a majority beating expectations, FactSet data shows.\nHere's where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 5,070.54, up 1.2%\n• Dow Jones Industrial Average: 38,503.95, up 0.69% (+263.71 points)\n• Nasdaq Composite: 15,696.64, up 1.59%\nHere's what else is going on:\n• Gold couldhit $3,000 as China's central bank keeps up its buying spree, economist David Rosenberg said.\n• A 72% decline in Cathie Woods' ARK fund isaccelerating an investor exit.\n• Some retail investors got in on Nvidia early. Here's how they'respending their massive profits.\n• Markets should ready for asteep decline and a debt-led financial crisis, Leon Cooperman warns.\n• The US considers cutting off Chinese banks from financial marketsamid worrying trade with Russia.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped by 21.7% to $83.32 a barrel.Brent crude, the international benchmark, gained 1.62% to 88.41 a barrel.\n• Goldslid by 0.44% to $2,321.65 an ounce.\n• The 10-year Treasury yield fell nearly two basis points to 4.605%.\n• Bitcoinslid by 0.3% to $66,577.\nRead the original article onBusiness Insider", 'Market analysts at K33 Research are cautioning that the potential return of over $9 billion worth ofBitcoinfrom the Mt. Gox era could have a negative impact on the cryptocurrency\'s price. According to Anders Helseth and Vetle Lunde, researchers at K33, the recent updates provided to Mt. Gox creditors, revealing the amount of cryptocurrency and fiat owed to them along with repayment dates, suggest that Bitcoin repayments could commence as early as next month.\nMt. Gox\'s collapse in February 2014, following a series of undetected hacks, left 127,000 creditors waiting for the return of their funds. The exchange owes them over $9.4 billion in Bitcoin, $72 million in Bitcoin Cash, and $445.8 million in fiat currency (69 billion Japanese yen). While the release of Bitcoin may not directly result in selling pressure, the sheer quantity of 142,000 BTC and 143,000 BCH involved could unsettle the market, creating what analysts refer to as an "overhang."\nThe analysts highlight that the return of Mt. Gox coins have the potential to significantly impact Bitcoin\'s price in the coming weeks. The current price of Bitcoin hovers above $66,700, but recent volatility has been attributed to various factors such as geopolitical tensions in the Middle East and the Bitcoin halving that took place on April 20.\nThe Mt. Gox trustees began contacting creditors in January to verify their identities and the crypto exchange accounts used for repayment. Some creditors have already received Japanese yen repayments, while others reported receiving additional fiat transfers in March. The final repayment deadline for base, lump-sum, and intermediate repayments is currently set for October 31, 2024, although this date may be subject to change.', 'Market analysts at K33 Research are cautioning that the potential return of over $9 billion worth ofBitcoinfrom the Mt. Gox era could have a negative impact on the cryptocurrency\'s price. According to Anders Helseth and Vetle Lunde, researchers at K33, the recent updates provided to Mt. Gox creditors, revealing the amount of cryptocurrency and fiat owed to them along with repayment dates, suggest that Bitcoin repayments could commence as early as next month.\nMt. Gox\'s collapse in February 2014, following a series of undetected hacks, left 127,000 creditors waiting for the return of their funds. The exchange owes them over $9.4 billion in Bitcoin, $72 million in Bitcoin Cash, and $445.8 million in fiat currency (69 billion Japanese yen). While the release of Bitcoin may not directly result in selling pressure, the sheer quantity of 142,000 BTC and 143,000 BCH involved could unsettle the market, creating what analysts refer to as an "overhang."\nThe analysts highlight that the return of Mt. Gox coins have the potential to significantly impact Bitcoin\'s price in the coming weeks. The current price of Bitcoin hovers above $66,700, but recent volatility has been attributed to various factors such as geopolitical tensions in the Middle East and the Bitcoin halving that took place on April 20.\nThe Mt. Gox trustees began contacting creditors in January to verify their identities and the crypto exchange accounts used for repayment. Some creditors have already received Japanese yen repayments, while others reported receiving additional fiat transfers in March. The final repayment deadline for base, lump-sum, and intermediate repayments is currently set for October 31, 2024, although this date may be subject to change.', 'The U.S. Securities and Exchange Commission (SEC) has postponed its decision on approving spot Ethereum exchange-traded fund (ETF) from Franklin Templeton, initially anticipated for May, to a new deadline of June 11.\nThe SEC also delayed the deadline for the agency’s decision on Grayscale’s spot Ethereum ETF application to June 23.\nMeanwhile, the SEC is soliciting public feedback on a revised ETF proposal from BlackRock, which now includes a cash redemption model, a change from the original direct Ethereum exchange mechanism.\nBlackRock’s proposal, initially submitted in November 2023, has been revised to better align with the SEC’s regulatory framework, mirroring the cash redemption feature of previously approved Bitcoin ETFs.\nThe SEC has maintained a cautious approach to cryptocurrency ETFs despite approving spot Bitcoin ETFs earlier in the year.\nThe Bitcoin ETFs, approved in January, have since provided investors a regulated trading vehicle for the cryptocurrency and have experienced acumulative total net inflowof US$12.42 billion.\nThe potential approval of Ethereum ETFs would provide investors with access to the second-largest cryptocurrency by market capitalization, marking another step toward the integration of digital assets into conventional investment portfolios.', '• Bitcoin and Ether were stable in the morning hours of the Asia trading day\n• The CoinDesk 20 Index is flat as traders can\'t decide on a direction to take.\nBitcoin {{BTC}} and ether {{ETH}}, the crypto market leaders, continue to trade in tight ranges as traders reassess macro conditions after halving.\nAt press time,bitcoin {{BTC}} traded above$66,600 while ether {{ETH}} changed hands at $3,240, according toCoinDesk Indicies data.\nAfter a volatile last few weeks involvingmissile strikes between two geopolitical foesand excitement about thebitcoin halving, a sense of calm has returned to the market, with bulls and bears unwilling to lead the price action.\n"After the halving, market volatility was somewhat muted," Thomas Kim, a trader at Presto, told CoinDesk. "Recent three-day realized volatility was well below the implied volatility of BTC options, and investors may still need to gauge macroeconomic variables."\nLiquidation data from CoinGlassshows that in the last 12 hours, $52.46 mi **Last 60 Days of Bitcoin's Closing Prices:** [51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-24 **Financial & Commodity Data:** - Gold Closing Price: $2324.50 - Crude Oil Closing Price: $82.81 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,320,155,418,712 - Hash Rate: 671772263.1512126 - Transaction Count: 606713.0 - Unique Addresses: 632356.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin Gets DeFi: SatoshiDEX Pre-Sale Surpasses $1 Million Goal! London, UK, March 11, 2024 (GLOBE NEWSWIRE) --SatoshiDEX— the world's 1st  decentralized exchange, has raised now over $1,000,000 to lead the DeFi on Bitcoin. Pre-Sale is offering users the chance to invest in $SATX, SatoshiDEX's native token. According to the project'swhitepaper, 30% of the total $SATX supply will be distributed through this pre-sale, giving early adopters a unique opportunity to be part of this groundbreaking platform. This pre-sale success signifies the massive potential SatoshiDEX holds. It aims to bridge the gap between Bitcoin's established security and the exciting world of DeFi.Stage 3 of $SATX Pre-Sale is currently LIVE:https://satoshidex.ai/?ref=stdex-of6tGT4i What is SatoshiDEX? SatoshiDEXis a novel Bitcoin trading platform that introduces flexibility and innovative ideas to the blockchain system. It enables users to: • Trade tokens directly on Bitcoin eliminating the need for wrapped assets and expensive Ethereum fees, • Stake and earn $SDEX Follow the updated SatoshiDex and subscribe to theirTelegramandTwitter, for future updates.Core Features: • On-chain trading:SatoshiDEX enables peer-to-peer trading of Bitcoin-based assets directly on the blockchain, ensuring trustless and transparent transactions. • Liquidity pools:Similar to Uniswap, SatoshiDEX utilizes liquidity pools for price discovery and efficient asset exchange. Users can contribute assets to pools and earn rewards in exchange for providing liquidity. • Stacks L2 chain:Leveraging the Stacks L2 chain, SatoshiDEX aims to overcome scalability limitations on the Bitcoin main net, offering faster and cheaper transactions. SatoshiDEX.ai approach to DEX development on Bitcoin offers a paradigm shift in decentralized asset trading. With Bitcoin's security, SatoshiDEX.ai is able to create a decentralized financial ecosystem. About SatoshiDEX: SatoshiDEX is a decentralized exchange operating on the Stacks Layer 2 chain. It facilitates seamless asset swaps and liquidity provision, eliminating the need for wrapped assets and costly Ethereum fees. Users can directly trade tokens on Bitcoin through its platform onhttps://satoshidex.ai/,  enhancing accessibility and reducing transaction costs. By leveraging the Stacks Layer 2 chain, transaction processing is swift while maintaining security and decentralization. SatoshiDEX is leading a new era of decentralized finance, where innovation meets utility on the Bitcoin blockchain. CONTACT: Jeremy Nita contact at satoshidex.ai... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47
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:** ["• Markets climbed higher as investors get ready for a line up of mega-cap earnings.\n• Tuesday continued this week's steady rebound, after stocks fell sharply last week.\n• Tesla will report on Tuesday, followed by Meta, Alphabet, and Microsoft later in the week.\nStocks ticked higher Tuesday morning, as a lineup of mega-cap earnings this week fuels hope for a market comeback.\nThat's after the equity rally tumbled sharply last week, with rate-cut outlooks crushed by hot economic data. As monetary policy isn't expected to ease any time soon, Treasury bond yields continued to rise higher Tuesday.\nInvestors are pinning their hopes on strong earnings to kickstart a new rally, with the stock market's 10% year-to-date gain through the end of March now cut by more than half.\nOn Tuesday, markets will watch for Tesla's report after the closing bell, though its recent performance has investors on edge. Tesla stock is down over 40% year-to-date, and a first-quarter delivery flop haseroded Wall Street confidence.\nMeta's earnings are set to follow on Wednesday, after which Alphabet and Microsoft will report on Thursday.\nHere's where US indexes stood at the 9:30 a.m. opening bell on Tuesday:\n• S&P 500: 5,034.26, up 0.47%\n• Dow Jones Industrial Average: 38,341.68, up 0.27% (+103 points)\n• Nasdaq Composite: 15,544.24, up 0.6%\nHere's what else is going on:\n• The yield curve has been inverted for 18 monthswith no recession - but a slowdown still looms, a strategist says.\n• Bubble tea's surging popularity has minted a number ofChinese billionaires.\n• Investor Steve Cohen wantsSEC approval for a 24-hour trading exchange.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dropped by 0.5% to $81.50 a barrel.Brent crude, the international benchmark, slid 0.5% to 86.58 a barrel.\n• Goldfell by 0.9% to $2,325.80 an ounce.\n• The 10-year Treasury yield rose two basis points to 4.646%.\n• Bitcoinwas down 1% to $65,990.\nRead the original article onBusiness Insider", "• Stocks accelerated their rebound after suffering heavy losses last week.\n• Investors are turning their attention to mega-cap earnings, hoping for a new rally catalyst.\n• Tesla is slated to report after Tuesday's closing bell, followed by Meta on Wednesday.\nThis week's equity comeback accelerated on Tuesday, as investors ready themselves for a number of major earnings reports.\nAlthough dashed rate-cut outlooks pummeled markets last week, attention has now shifted to the upcoming reports of high-profile companies.Teslais slated to publish after Tuesday's closing bell, with many onWall Street having misgivingsabout its performance, given its massive stock slide and first-quarter delivery disappointment.\nMeta, Alphabet and Microsoft will follow later in the week. If earnings exceed expectations, investors are hoping to jump-start another rally, with the stock market's 10% year-to-date gain through the end of March now cut by more than half.\nThrough Tuesday, around 20% of S&P 500 firms have reported earnings, with a majority beating expectations, FactSet data shows.\nHere's where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 5,070.54, up 1.2%\n• Dow Jones Industrial Average: 38,503.95, up 0.69% (+263.71 points)\n• Nasdaq Composite: 15,696.64, up 1.59%\nHere's what else is going on:\n• Gold couldhit $3,000 as China's central bank keeps up its buying spree, economist David Rosenberg said.\n• A 72% decline in Cathie Woods' ARK fund isaccelerating an investor exit.\n• Some retail investors got in on Nvidia early. Here's how they'respending their massive profits.\n• Markets should ready for asteep decline and a debt-led financial crisis, Leon Cooperman warns.\n• The US considers cutting off Chinese banks from financial marketsamid worrying trade with Russia.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped by 21.7% to $83.32 a barrel.Brent crude, the international benchmark, gained 1.62% to 88.41 a barrel.\n• Goldslid by 0.44% to $2,321.65 an ounce.\n• The 10-year Treasury yield fell nearly two basis points to 4.605%.\n• Bitcoinslid by 0.3% to $66,577.\nRead the original article onBusiness Insider", 'Market analysts at K33 Research are cautioning that the potential return of over $9 billion worth ofBitcoinfrom the Mt. Gox era could have a negative impact on the cryptocurrency\'s price. According to Anders Helseth and Vetle Lunde, researchers at K33, the recent updates provided to Mt. Gox creditors, revealing the amount of cryptocurrency and fiat owed to them along with repayment dates, suggest that Bitcoin repayments could commence as early as next month.\nMt. Gox\'s collapse in February 2014, following a series of undetected hacks, left 127,000 creditors waiting for the return of their funds. The exchange owes them over $9.4 billion in Bitcoin, $72 million in Bitcoin Cash, and $445.8 million in fiat currency (69 billion Japanese yen). While the release of Bitcoin may not directly result in selling pressure, the sheer quantity of 142,000 BTC and 143,000 BCH involved could unsettle the market, creating what analysts refer to as an "overhang."\nThe analysts highlight that the return of Mt. Gox coins have the potential to significantly impact Bitcoin\'s price in the coming weeks. The current price of Bitcoin hovers above $66,700, but recent volatility has been attributed to various factors such as geopolitical tensions in the Middle East and the Bitcoin halving that took place on April 20.\nThe Mt. Gox trustees began contacting creditors in January to verify their identities and the crypto exchange accounts used for repayment. Some creditors have already received Japanese yen repayments, while others reported receiving additional fiat transfers in March. The final repayment deadline for base, lump-sum, and intermediate repayments is currently set for October 31, 2024, although this date may be subject to change.', 'Market analysts at K33 Research are cautioning that the potential return of over $9 billion worth ofBitcoinfrom the Mt. Gox era could have a negative impact on the cryptocurrency\'s price. According to Anders Helseth and Vetle Lunde, researchers at K33, the recent updates provided to Mt. Gox creditors, revealing the amount of cryptocurrency and fiat owed to them along with repayment dates, suggest that Bitcoin repayments could commence as early as next month.\nMt. Gox\'s collapse in February 2014, following a series of undetected hacks, left 127,000 creditors waiting for the return of their funds. The exchange owes them over $9.4 billion in Bitcoin, $72 million in Bitcoin Cash, and $445.8 million in fiat currency (69 billion Japanese yen). While the release of Bitcoin may not directly result in selling pressure, the sheer quantity of 142,000 BTC and 143,000 BCH involved could unsettle the market, creating what analysts refer to as an "overhang."\nThe analysts highlight that the return of Mt. Gox coins have the potential to significantly impact Bitcoin\'s price in the coming weeks. The current price of Bitcoin hovers above $66,700, but recent volatility has been attributed to various factors such as geopolitical tensions in the Middle East and the Bitcoin halving that took place on April 20.\nThe Mt. Gox trustees began contacting creditors in January to verify their identities and the crypto exchange accounts used for repayment. Some creditors have already received Japanese yen repayments, while others reported receiving additional fiat transfers in March. The final repayment deadline for base, lump-sum, and intermediate repayments is currently set for October 31, 2024, although this date may be subject to change.', 'The U.S. Securities and Exchange Commission (SEC) has postponed its decision on approving spot Ethereum exchange-traded fund (ETF) from Franklin Templeton, initially anticipated for May, to a new deadline of June 11.\nThe SEC also delayed the deadline for the agency’s decision on Grayscale’s spot Ethereum ETF application to June 23.\nMeanwhile, the SEC is soliciting public feedback on a revised ETF proposal from BlackRock, which now includes a cash redemption model, a change from the original direct Ethereum exchange mechanism.\nBlackRock’s proposal, initially submitted in November 2023, has been revised to better align with the SEC’s regulatory framework, mirroring the cash redemption feature of previously approved Bitcoin ETFs.\nThe SEC has maintained a cautious approach to cryptocurrency ETFs despite approving spot Bitcoin ETFs earlier in the year.\nThe Bitcoin ETFs, approved in January, have since provided investors a regulated trading vehicle for the cryptocurrency and have experienced acumulative total net inflowof US$12.42 billion.\nThe potential approval of Ethereum ETFs would provide investors with access to the second-largest cryptocurrency by market capitalization, marking another step toward the integration of digital assets into conventional investment portfolios.', '• Bitcoin and Ether were stable in the morning hours of the Asia trading day\n• The CoinDesk 20 Index is flat as traders can\'t decide on a direction to take.\nBitcoin {{BTC}} and ether {{ETH}}, the crypto market leaders, continue to trade in tight ranges as traders reassess macro conditions after halving.\nAt press time,bitcoin {{BTC}} traded above$66,600 while ether {{ETH}} changed hands at $3,240, according toCoinDesk Indicies data.\nAfter a volatile last few weeks involvingmissile strikes between two geopolitical foesand excitement about thebitcoin halving, a sense of calm has returned to the market, with bulls and bears unwilling to lead the price action.\n"After the halving, market volatility was somewhat muted," Thomas Kim, a trader at Presto, told CoinDesk. "Recent three-day realized volatility was well below the implied volatility of BTC options, and investors may still need to gauge macroeconomic variables."\nLiquidation data from CoinGlassshows that in the last 12 hours, $52.46 mi **Last 60 Days of Bitcoin's Closing Prices:** [51571.10, 51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-24 **Financial & Commodity Data:** - Gold Closing Price: $2324.50 - Crude Oil Closing Price: $82.81 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,320,155,418,712 - Hash Rate: 671772263.1512126 - Transaction Count: 606713.0 - Unique Addresses: 632356.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin Gets DeFi: SatoshiDEX Pre-Sale Surpasses $1 Million Goal! London, UK, March 11, 2024 (GLOBE NEWSWIRE) --SatoshiDEX— the world's 1st  decentralized exchange, has raised now over $1,000,000 to lead the DeFi on Bitcoin. Pre-Sale is offering users the chance to invest in $SATX, SatoshiDEX's native token. According to the project'swhitepaper, 30% of the total $SATX supply will be distributed through this pre-sale, giving early adopters a unique opportunity to be part of this groundbreaking platform. This pre-sale success signifies the massive potential SatoshiDEX holds. It aims to bridge the gap between Bitcoin's established security and the exciting world of DeFi.Stage 3 of $SATX Pre-Sale is currently LIVE:https://satoshidex.ai/?ref=stdex-of6tGT4i What is SatoshiDEX? SatoshiDEXis a novel Bitcoin trading platform that introduces flexibility and innovative ideas to the blockchain system. It enables users to: • Trade tokens directly on Bitcoin eliminating the need for wrapped assets and expensive Ethereum fees, • Stake and earn $SDEX Follow the updated SatoshiDex and subscribe to theirTelegramandTwitter, for future updates.Core Features: • On-chain trading:SatoshiDEX enables peer-to-peer trading of Bitcoin-based assets directly on the blockchain, ensuring trustless and transparent transactions. • Liquidity pools:Similar to Uniswap, SatoshiDEX utilizes liquidity pools for price discovery and efficient asset exchange. Users can contribute assets to pools and earn rewards in exchange for providing liquidity. • Stacks L2 chain:Leveraging the Stacks L2 chain, SatoshiDEX aims to overcome scalability limitations on the Bitcoin main net, offering faster and cheaper transactions. SatoshiDEX.ai approach to DEX development on Bitcoin offers a paradigm shift in decentralized asset trading. With Bitcoin's security, SatoshiDEX.ai is able to create a decentralized financial ecosystem. About SatoshiDEX: SatoshiDEX is a decentralized exchange operating on the Stacks Layer 2 chain. It facilitates seamless asset swaps and liquidity provision, eliminating the need for wrapped assets and costly Ethereum fees. Users can directly trade tokens on Bitcoin through its platform onhttps://satoshidex.ai/,  enhancing accessibility and reducing transaction costs. By leveraging the Stacks Layer 2 chain, transaction processing is swift while maintaining security and decentralization. SatoshiDEX is leading a new era of decentralized finance, where innovation meets utility on the Bitcoin blockchain. CONTACT: Jeremy Nita contact at satoshidex.ai... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['NEW YORK (AP) — The former Instagram influencer known as “Jay Mazini” whoswindled millionsof dollars from online followers and a network of Muslims during the pandemic was sentenced to seven years in prison on Wednesday, prosecutors said.\nJebara Igbara, 28, of New Jersey, had pleaded guilty to fraud charges, admitting that he created a Ponzi scheme that involved cryptocurrency frauds netting around $8 million. Prosecutors say the money funded a decadent lifestyle that included luxury cars and a lot of gambling.\nExploiting the economic chaos of the COVID-19 pandemic, Igbara leveraged connections in the Muslim community to gather investments for his firm Hallal Capital LLC, saying it would earn returns on stocks, and the reselling of electronics and personal protective equipment.\n“Shamefully, he targeted his own religious community, taking advantage of their trust in him so he could spend and gamble their hard-earned money,” said Breon Peace, U.S. Attorney for the Eastern District of New York, in a statement.\nAs he networked with high-value investors locally, Igbara amplified his online persona, reaching around 1 million Instagram followers, prosecutors said.\nHe built a following in part by filming cash giveaways, often handing stacks of money to fast food workers or everyday people checking out at Walmart. In at least one video, he handed out cash alongside rapper 50 Cent.\nViewers got the impression he was so successful he could just give money away. And his online popularity earned him even more trust from fraud victims, prosecutors said.\nBy 2020, he attracted the ire ofonline sleuthswho openly accused him of fraud, and cheered when he was arrested in 2021 on kidnapping charges. He later admitted in another case to kidnapping a potential witness to his frauds.\nBut many of his victims did turn to the FBI, according to court documents.\nAt least four people told FBI agents they sent over $100,000 in Bitcoin, on a promise of a cash wire transfer, according to court documents. One victim reported being scammed out of 50 Bitcoin, with Igbara first faking $2.56 million in a wire transfer, and later explaining away why the transfers hadn’t arrived.\nIgbara addressed the people he ripped off ahead of his sentencing on Wednesday in a Brooklyn federal court.\n“He apologized profusely to his victims,” lawyer Jeffrey Lichtman said following the sentencing Wednesday in Brooklyn.\nIgbara’s seven-year sentence for fraud will run concurrently with five-year prison sentencing for the kidnapping and includes time served since 2021, his lawyer said.\nAs part of his sentence, Igbara is ordered to pay $10 million to his victims.\nAs for “Jay Mazini,” the Instagram and other social media accounts are mostly scrubbed. But the saga lives on in compilations on YouTube, and in an episode of the 2023 documentary series “The Age of Influence.”', '• US stocks traded mostly lower on Wednesday as traders eyed the release of first-quarter GDP data.\n• Investors are sifting through earnings, with mega-cap tech results rolling in.\n• Tesla rallied Wednesday as traders cheered news of a cheaper vehicle model in the works.\nUS stocks were mostly lower on Wednesday as traders prepared for the release of first-quarter GDP data and digested the latest round of corporate earnings.\nInvestors are waiting on advanced estimates for first-quarter GDP to roll out tomorrow morning, which will give markets a sense of how strong the economy is growing and point to the Federal Reserve\'s next move.\nThe US is expected to have expanded 2.7% in the first three months of the year, according toAtlanta Fed economists, but an especially strong print would raise the risk that the Fed keeps policy tight in order to prevent inflation from gaining a foothold again.\nMarkets are pricing in just one or two rate cuts for the year, according to theCME FedWatch tool,down from as many as seven cuts seen at the start of 2024.\nInvestors are also preparing to take in more earnings results, which have been resilient so far this quarter. The S&P 500 looks on track to post7% year-per-year earnings growth, according to FactSet. Of the companies that have reported financials so far,74% have beat earnings estimates.\nFacebook parent Meta Platforms will report after the closing bell, while Microsoft and Alphabet will report results after the close on Thursday.\nTesla shares jumped 11% higheron Wednesday after the carmaker\'s latest earnings report. Revenue came in below expectations, but investors were pleased with the company\'s confirmation that a low-cost electric vehicle was set to roll out sometime next year.\nHere\'s where US indexes stood at the 4 p.m. closing bell on Wednesday:\n• S&P 500: 5,071.67, up 0.02%\n• Dow Jones Industrial Average: 38,460.92, down 0.11% (-42.77 points)\n• Nasdaq Composite: 15,712.75, up 0.1%\nHere\'s what else is going on:\n• A rare bifurcation in the US economy israising the odds of recession, one economist warns.\n• AI\'s impact doesn\'t make it immune to a crash, according to billionaire investor Howard Marks.\n• Tesla stock could see 35% upsideif it follows a four-part plan, Bank of America said.\n• Tesla is headed for a new growth phase asElon Musk is finally the "adult in the room,"Wedbush\'s Dan Ives said.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dropped by 0.5% to $82.91 a barrel.Brent crude, the international benchmark, slipped 0.3% to 88.13 a barrel.\n• Goldedged lower to $2,332 an ounce.\n• The 10-year Treasury yield rose four basis points to 4.644%.\n• Bitcoinwas down 3.29% to $64,393.\nRead the original article onBusiness Insider', 'The Securities and Futures Commission (SFC) of Hong Kong has officially granted approval for several spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the region. The approved ETFs include ChinaAMC, Harvest, and Bosera HashKey Bitcoin and Ether ETFs, aslistedon the SFC website.\nAlthough conditional approval was granted earlier this month, the official stamp of approval sets the stage for trading to begin on April 30, as confirmed by ChinaAMC in a press release. Thomas Zhu, ChinaAMC\'s head of digital assets and head of family office business, highlighted the benefits of these spot Bitcoin and Ether ETFs, stating that they provide a regulated framework for retail and institutional investors to safely and conveniently invest in virtual assets. He also expressed expectations of robust demand for their offerings, given the growing adoption of ETFs in institutional asset allocation and retail trading in Hong Kong.\nChinaAMC and Harvest Global Investments, whose ETFs were among those approved, have confirmed that they will be utilizing digital asset platform OSL as their "sub-custodian partner." OSL stated that the conditional approval signifies substantial completion of the regulatory vetting process and that they are working intensively to ensure a smooth launch.\nWhile it remains uncertain whether investors from mainland China will be able to purchase these ETFs, the potential entry of up to $25 billion into the market is noteworthy.', 'The Securities and Futures Commission (SFC) of Hong Kong has officially granted approval for several spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the region. The approved ETFs include ChinaAMC, Harvest, and Bosera HashKey Bitcoin and Ether ETFs, aslistedon the SFC website.\nAlthough conditional approval was granted earlier this month, the official stamp of approval sets the stage for trading to begin on April 30, as confirmed by ChinaAMC in a press release. Thomas Zhu, ChinaAMC\'s head of digital assets and head of family office business, highlighted the benefits of these spot Bitcoin and Ether ETFs, stating that they provide a regulated framework for retail and institutional investors to safely and conveniently invest in virtual assets. He also expressed expectations of robust demand for their offerings, given the growing adoption of ETFs in institutional asset allocation and retail trading in Hong Kong.\nChinaAMC and Harvest Global Investments, whose ETFs were among those approved, have confirmed that they will be utilizing digital asset platform OSL as their "sub-custodian partner." OSL stated that the conditional approval signifies substantial completion of the regulatory vetting process and that they are working intensively to ensure a smooth launch.\nWhile it remains uncertain whether investors from mainland China will be able to purchase these ETFs, the potential entry of up to $25 billion into the market is noteworthy.', "• The iconic 'Buy Bitcoin' sign that was held up behind Janet Yellen was sold at an auction for 16 BTC.\n• Proceeds from the auction will go to fund a Bitcoin layer-2 startup called Tirrel Corp.\nThe iconic 'Buy Bitcoin' sign held behind Janet Yellen during her televised Congressional testimony in July 2017 has been auctioned off for 16 BTC, or just over $1 million.\nScarce.City, the auction house that facilitated the deal, said it was a record amount for the auction platform.\nThe auction itself was held at PubKey, a Bitcoin-themed bar in New York City.\nThe sign’s new owner is someone who goes by the handle of Squirrekkywrath, according to a tweet from PubKey.\nNot much is known about its new owner. The head of research at Galaxy, Alex Thorn, said he’s a “bitcoin OG that no one has ever heard of.”\nIn aprior interview with CoinDesk, Christian Langalis, who held up the sign, said the proceeds would go to fund his startup, Tirrel Corp, which is developing a Bitcoin Lightning network wallet on Urbit.\nAfter holding up the sign during a 2017 House Financial Services hearing, Langalis was escorted out of the building for violating committee rules – all the while, the image was going viral on the web.", "• The iconic 'Buy Bitcoin' sign that was held up behind Janet Yellen was sold at an auction for 16 BTC.\n• Proceeds from the auction will go to fund a Bitcoin layer-2 startup called Tirrel Corp **Last 60 Days of Bitcoin's Closing Prices:** [51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-25 **Financial & Commodity Data:** - Gold Closing Price: $2329.80 - Crude Oil Closing Price: $83.57 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,275,706,950,541 - Hash Rate: 630674365.8262494 - Transaction Count: 526242.0 - Unique Addresses: 633650.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Chicago, IL – March 15, 2024 – 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. ETFs recently featured in the blog include: iShares Bitcoin Trust IBIT, Fidelity Wise Origin Bitcoin Trust FBTC, Bitwise Bitcoin ETF BITB, Valkyrie Bitcoin Fund BRRR and VanEck Bitcoin Trust HODL. Here are highlights from Thursday’s Analyst Blog: In an unprecedented surge of investor interest, spot bitcoin ETFs witnessed record inflows exceeding $1 billion in a single day on Mar 12, according to data from BitMEX Research.BlackRock's iShares Bitcoin Trustwas at the forefront, attracting nearly $850 million of capital. This underscores the rapidly growing enthusiasm for Bitcoin and its related financial products. Since its launch on Jan 11, 2024, IBIT has remarkably amassed more than $11 billion in inflows, dwarfing the combined inflows of nine other issuers who received approval from the Securities and Exchange Commission (SEC) to launch bitcoin spot price-based ETFs. The success of IBIT reflects a substantial shift in investment trends toward digital assets, especially Bitcoin, which remains the most significant cryptocurrency by market capitalization (read: Spot Bitcoin ETF). This growth is reflective of the broadening appeal of bitcoin ETFs among investors seeking exposure to the cryptocurrency market through regulated financial products. The collective AUM of the 10 spot bitcoin ETFs has exceeded $60 billion. With the unprecedented amount of capital flowing into crypto products, the world's largest cryptocurrency has been on an unstoppable rally. Bitcoin surpassed the $73,000 mark for the first time ever. This marks the fourth all-time high in six days. A looming reduction in the digital token’s supply growth (halving event) is also contributing to its huge rally (read: Bitcoin on an Unstoppable Rally: 5 Sizzling Hot ETFs). With Bitcoin's unique position in the digital currency space, many remain bullish on its future, forecasting it to breach the $100,000 mark before year-end. Further, Bitcoin seems to be a potential successor to gold as a secure asset, promising continued value growth driven by its increasing integration into the financial ecosystem. The cryptocurrency’s resilience to economic uncertainties like inflation and interest rate hikes positions it favorably in the current economic environment. Let’s delve into the above-mentioned ETFs in detail: iShares Bitcoin Trust iShares Bitcoin Trust seeks to reflect the performance of the price of Bitcoin. It enables investors to access Bitcoin within a traditional brokerage account. The fund charges 25 bps in annual fees from investors. IBIT has AUM of $14.8 billion and trades in an average daily volume of $26.6 million shares. Fidelity Wise Origin Bitcoin Trust Fidelity Wise Origin Bitcoin Trust offers exposure to the price of bitcoin — without buying bitcoin directly — in brokerage, trust, and tax-advantaged accounts. The entire fee of 0.25% has been waived until Jul 31, 2024. It trades in an average daily volume of 11 million shares and has amassed $9.2 billion in AUM. Bitwise Bitcoin ETF With AUM of $1.9 billion, Bitwise Bitcoin ETF invests directly in Bitcoin and is easily accessible from a brokerage account. It has the lowest fees among the spot Bitcoin ETFs at 0.20% (read: Bitcoin Bulls Racing for $450K? Zooming in on Crypto ETFs). Valkyrie Bitcoin Fund Valkyrie Bitcoin Fund reflects the performance of the value of a bitcoin as represented by the CME CF Bitcoin Reference Rate - New York Variant. It has an expense ratio of 0.25%, but the fee has been waived off for the first three months. Valkyrie Bitcoin Fund has accumulated $404.3 million in its asset base and trades in an average daily volume of 263,000 shares. VanEck Bitcoin Trust VanEck Bitcoin Trust seeks to reflect the performance of the price of Bitcoin less the expenses of the Trust's operations. It charges 20 bps in annual fees but the entire fee will be waived off for the first $1.5 billion of the Trust’s assets. VanEck Bitcoin Trust currently has $438.5 million in AUM and trades in a volume of 418,000 shares a day on average. Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it 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 iShares Bitcoin Trust (IBIT): ETF Research Reports Fidelity Wise Origin Bitcoin Fund (FBTC): ETF Research Reports VanEck Bitcoin Trust (HODL): ETF Research Reports Valkyrie Bitcoin Fund (BRRR): ETF Research Reports Bitwise Bitcoin ETF (BITB): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): [['u/LadyRaoulDukeGonzo', "My Roommate Is Mining Bitcoin But He Claim He's Doing It In A Way That Won't Make Our Electricity Bill Skyrocket. Is This Even Possible? ", 40, '2024-04-25 00:35', 'https://www.reddit.com/r/BitcoinMining/comments/1ccbsb8/my_roommate_is_mining_bitcoin_but_he_claim_hes/', 'This guy tends to bend the truth at times and I noticed he had a bunch of new computer hardware after talking about his interest in mining Bitcoin. Pretty much the only thing I know about mining is that it consumes a lot of electricity. When I asked if this would drive up the electricity bill he said some bullshit like, "oh, no thats why I have a CPU, so that it wont consume so much." Look, dude, all computers have a CPU, I\'m not that stupid. My question is, is there any hardware or something that could possibly make this true? I\'m like 99% sure he\'s full of shit but I don\'t want to put his balls in a vice on the off chance he\'s not. Sorry to sound so uninformed here, just thought I should ask.', 'https://www.reddit.com/r/BitcoinMining/comments/1ccbsb8/my_roommate_is_mining_bitcoin_but_he_claim_hes/', '1ccbsb8', [['u/TacoShopRs', 37, '2024-04-25 01:11', 'https://www.reddit.com/r/BitcoinMining/comments/1ccbsb8/my_roommate_is_mining_bitcoin_but_he_claim_hes/l14cb1w/', 'He could be mining crapcoins probably using something like Nicehash that mines the best coins with his computer and pays in Bitcoin. If he is using an actual bitcoin miner you would 100% make the electricity bill skyrocket and would be very hot and loud. \n\nIf he is using a gaming computer to mine then it would probably pull maximum 400w with the highest end pc and that’s like $30 a month at 10c/kwh.', '1ccbsb8']]], ['u/unpopularpuffin9', 'Sold my 1 bitcoin for cro. One week update', 72, '2024-04-25 03:13', 'https://www.reddit.com/r/cro/comments/1ccf7qu/sold_my_1_bitcoin_for_cro_one_week_update/', "I'm getting about 2,500 CRO/week, which is pretty good. In my local currency, that adds up to around 500$. I'm unstaking my defi, and in another few months I'll have enough to restake for icy. \n\nUp about 4% from my buy price (11.2¢ roughly) so I'm quite happy still. Talk to you guys on the one month update.", 'https://www.reddit.com/r/cro/comments/1ccf7qu/sold_my_1_bitcoin_for_cro_one_week_update/', '1ccf7qu', [['u/A3rdRanger1776', 18, '2024-04-25 05:24', 'https://www.reddit.com/r/cro/comments/1ccf7qu/sold_my_1_bitcoin_for_cro_one_week_update/l15eeq8/', 'Selling (1) BTC at ~$65,000 = ~565,000 CRO. About 113,000 CRO in earnings over (1) year, or 2350 a week. \n\nObvious my numbers are off a bit since you said 2500 CRO a week, so you probably sold your BTC higher than $65k. 👍 \n\nIf BTC goes to $100,000 in the next 365 days, you would have gained about $35,000.\n\nAlthough, if BTC did/does go to $100,000 in 365 days, obviously 🙄 CRO would follow to about .25+. If you locked in at 11.2 cents…that’s a gain of “at a minimum .08, or .14 on the high end”.\n\n.08 x 565,000 CRO = $45,200 in gains. Basically if BTC only pumps to $100k in 365 days, you made a REALLY good decision!!!!!\n\nAt .14 x 565,000 CRO = $79,100 in gains. After (1) year you could sell 565k CRO + your gains and own around 1.5 BTC 😆, if BTC is $100k.\n\nThats pretty awesome!!', '1ccf7qu']]], ['u/unpopularpuffin9', 'Sold my 1btc for CRO. Staked it for 20%. 1 week update.', 316, '2024-04-25 03:13', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/', "I'm getting about 2,500 CRO/week, which is pretty good. In my local currency, that adds up to around 500$. I'm unstaking my defi, and in another few months I'll have enough to restake for icy. \n\nUp about 4% from my buy price (11.2¢ roughly) so I'm quite happy still. Talk to you guys on the one month update.", 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/', '1ccf86r', [['u/Game_310', 56, '2024-04-25 04:25', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l1568qq/', 'Nice, 2,500 a week 🚀. I’m getting 943 Cro a week from my Icy stake and thought that was a lot lol.', '1ccf86r'], ['u/weswak89', 29, '2024-04-25 04:28', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l156ryu/', 'This guy just flexing on all of us', '1ccf86r'], ['u/unpopularpuffin9', 19, '2024-04-25 04:37', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l157z6b/', 'Seas are clear now, 51 weeks to go. A lot could happen.', '1ccf86r'], ['u/unpopularpuffin9', 27, '2024-04-25 04:37', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l15839l/', 'That is a lot! Who knows, could be financial independence level by the time we see the top of this cycle', '1ccf86r'], ['u/kemek', 11, '2024-04-25 06:01', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l15iybt/', 'You had one single BTC and traded it for CRO… Umm.', '1ccf86r'], ['u/ShibaInuMan', 11, '2024-04-25 06:16', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l15kmcd/', 'Nice! Wish we had something like that. In the U.S. we get a 1099-Misc form sent to the IRS reporting any staking rewards of $600 or more per year. Every single transaction is also reported in a 1099-K form sent to the IRS. \n\nStaking rewards= considered income and it is taxed at your regular tax bracket\n\nIf you hold your staked rewards (that you already paid income taxes on) them then sell them a year later at a higher price= capital gains taxes on the difference from the acquired price if selling at a profit.\n\ncashback rebates is not income or taxed. If you hold them and sell them later at a higher price = capital gains taxes on the difference from the acquired price if selling at a profit.', '1ccf86r'], ['u/7ivor', 103, '2024-04-25 06:22', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l15lbde/', 'Are you up in btc terms? Sold bitcoin for it, would make more sense to measure the returns against bitcoin.', '1ccf86r'], ['u/Tyranoc4', 15, '2024-04-25 06:40', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l15ndh0/', 'a lot will happen.', '1ccf86r'], ['u/-X5-', 68, '2024-04-25 06:44', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l15nrne/', 'This.\n\nI would estimate that OP is down 2% in BTC.', '1ccf86r'], ['u/Sea-Fondant3492', 61, '2024-04-25 10:22', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l167mxc/', 'Selling BTC for CRO is the worst idea I’ve ever heard in my life…', '1ccf86r'], ['u/CyberKingfisher', 12, '2024-04-25 13:56', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l16rpw0/', 'Hmm… depends on how you see it. In this bull run, BTC might do 2-3x from current price. CRO might do 5-7x, possibly more. \n\nIt would make sense to buy BTC with returns then convert CRO back to BTC after the 12 month lock in period because BTC is more stable long term. I have no doubt CRO will dump again when people take profits. It all depends on your short, medium, long term goals', '1ccf86r'], ['u/Shabuwa', 10, '2024-04-25 14:26', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l16vj3w/', 'tax bill? he left out the part that he bought the btc 3 weeks ago at 73,000 /s', '1ccf86r'], ['u/unpopularpuffin9', 21, '2024-04-25 17:57', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l17unp0/', "Thank goodness I don't live in the US. For such a large country, you'd think they'd have a tax system that makes sense to the average person.", '1ccf86r'], ['u/usernamezombie', 11, '2024-04-25 22:44', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l192xxx/', 'Large country. Hungry politicians for tax dollars. Enormous appetite for giving away tax payer dollars across the globe.', '1ccf86r']]], ['u/ZnV1', ' Hashing explained from scratch for noobs (like me), not for chad devs #dvsj ', 280, '2024-04-25 04:41', 'https://www.reddit.com/r/webdev/comments/1cch13e/hashing_explained_from_scratch_for_noobs_like_me/', '*assuming you have no knowledge about hashes, this is me trying to explain it.* \n***note: this is NOT related to hash brownies***.\n\n# Find 5 differences between these pages 🥸\n\nI fell for a "WFH opportunity make $$$ from home comparing docs" scheme. \nI want to compare 2 pages manually. My algorithm would be:\n\n1. Take all words from the first page, take all words from the second page\n2. See if all words are the same in both pages\n\nJoking. Who has time to read everything? \nMore realistically, this is what I would do:\n\n1. Take first 2 words on the page (`good morning`), last 2 words on the page (`okay bye`)\n2. See if those 4 words are the same in both pages (`good morning`, `okay bye`)\n\n[why see all word when few word do trick?](https://preview.redd.it/uoeg5tlsfjwc1.png?width=714&format=png&auto=webp&s=3f699931b1a1f58fa0d4cc3dc186dc86dc33b8e2)\n\n**Magic!** Instead of checking all words on the page, we looked at 4 words and decided if two pages are the same. \nWe have *reduced the whole content of the page to just 4 words*, kind of like an identifier that represents the whole page. These 4 words are called the hash. \n**Hash: A short text of a particular length that represents larger text**.\n\n-----\n\n# But my algorithm sucks, right? 👎🏽\n\nObviously, *there is a high chance of false positives and duplicates*. \nAny page that starts with `good morning` and ends with `okay bye` will give us this hash. \n**When different content results in the same hash,... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13
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:** ['NEW YORK (AP) — The former Instagram influencer known as “Jay Mazini” whoswindled millionsof dollars from online followers and a network of Muslims during the pandemic was sentenced to seven years in prison on Wednesday, prosecutors said.\nJebara Igbara, 28, of New Jersey, had pleaded guilty to fraud charges, admitting that he created a Ponzi scheme that involved cryptocurrency frauds netting around $8 million. Prosecutors say the money funded a decadent lifestyle that included luxury cars and a lot of gambling.\nExploiting the economic chaos of the COVID-19 pandemic, Igbara leveraged connections in the Muslim community to gather investments for his firm Hallal Capital LLC, saying it would earn returns on stocks, and the reselling of electronics and personal protective equipment.\n“Shamefully, he targeted his own religious community, taking advantage of their trust in him so he could spend and gamble their hard-earned money,” said Breon Peace, U.S. Attorney for the Eastern District of New York, in a statement.\nAs he networked with high-value investors locally, Igbara amplified his online persona, reaching around 1 million Instagram followers, prosecutors said.\nHe built a following in part by filming cash giveaways, often handing stacks of money to fast food workers or everyday people checking out at Walmart. In at least one video, he handed out cash alongside rapper 50 Cent.\nViewers got the impression he was so successful he could just give money away. And his online popularity earned him even more trust from fraud victims, prosecutors said.\nBy 2020, he attracted the ire ofonline sleuthswho openly accused him of fraud, and cheered when he was arrested in 2021 on kidnapping charges. He later admitted in another case to kidnapping a potential witness to his frauds.\nBut many of his victims did turn to the FBI, according to court documents.\nAt least four people told FBI agents they sent over $100,000 in Bitcoin, on a promise of a cash wire transfer, according to court documents. One victim reported being scammed out of 50 Bitcoin, with Igbara first faking $2.56 million in a wire transfer, and later explaining away why the transfers hadn’t arrived.\nIgbara addressed the people he ripped off ahead of his sentencing on Wednesday in a Brooklyn federal court.\n“He apologized profusely to his victims,” lawyer Jeffrey Lichtman said following the sentencing Wednesday in Brooklyn.\nIgbara’s seven-year sentence for fraud will run concurrently with five-year prison sentencing for the kidnapping and includes time served since 2021, his lawyer said.\nAs part of his sentence, Igbara is ordered to pay $10 million to his victims.\nAs for “Jay Mazini,” the Instagram and other social media accounts are mostly scrubbed. But the saga lives on in compilations on YouTube, and in an episode of the 2023 documentary series “The Age of Influence.”', '• US stocks traded mostly lower on Wednesday as traders eyed the release of first-quarter GDP data.\n• Investors are sifting through earnings, with mega-cap tech results rolling in.\n• Tesla rallied Wednesday as traders cheered news of a cheaper vehicle model in the works.\nUS stocks were mostly lower on Wednesday as traders prepared for the release of first-quarter GDP data and digested the latest round of corporate earnings.\nInvestors are waiting on advanced estimates for first-quarter GDP to roll out tomorrow morning, which will give markets a sense of how strong the economy is growing and point to the Federal Reserve\'s next move.\nThe US is expected to have expanded 2.7% in the first three months of the year, according toAtlanta Fed economists, but an especially strong print would raise the risk that the Fed keeps policy tight in order to prevent inflation from gaining a foothold again.\nMarkets are pricing in just one or two rate cuts for the year, according to theCME FedWatch tool,down from as many as seven cuts seen at the start of 2024.\nInvestors are also preparing to take in more earnings results, which have been resilient so far this quarter. The S&P 500 looks on track to post7% year-per-year earnings growth, according to FactSet. Of the companies that have reported financials so far,74% have beat earnings estimates.\nFacebook parent Meta Platforms will report after the closing bell, while Microsoft and Alphabet will report results after the close on Thursday.\nTesla shares jumped 11% higheron Wednesday after the carmaker\'s latest earnings report. Revenue came in below expectations, but investors were pleased with the company\'s confirmation that a low-cost electric vehicle was set to roll out sometime next year.\nHere\'s where US indexes stood at the 4 p.m. closing bell on Wednesday:\n• S&P 500: 5,071.67, up 0.02%\n• Dow Jones Industrial Average: 38,460.92, down 0.11% (-42.77 points)\n• Nasdaq Composite: 15,712.75, up 0.1%\nHere\'s what else is going on:\n• A rare bifurcation in the US economy israising the odds of recession, one economist warns.\n• AI\'s impact doesn\'t make it immune to a crash, according to billionaire investor Howard Marks.\n• Tesla stock could see 35% upsideif it follows a four-part plan, Bank of America said.\n• Tesla is headed for a new growth phase asElon Musk is finally the "adult in the room,"Wedbush\'s Dan Ives said.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dropped by 0.5% to $82.91 a barrel.Brent crude, the international benchmark, slipped 0.3% to 88.13 a barrel.\n• Goldedged lower to $2,332 an ounce.\n• The 10-year Treasury yield rose four basis points to 4.644%.\n• Bitcoinwas down 3.29% to $64,393.\nRead the original article onBusiness Insider', 'The Securities and Futures Commission (SFC) of Hong Kong has officially granted approval for several spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the region. The approved ETFs include ChinaAMC, Harvest, and Bosera HashKey Bitcoin and Ether ETFs, aslistedon the SFC website.\nAlthough conditional approval was granted earlier this month, the official stamp of approval sets the stage for trading to begin on April 30, as confirmed by ChinaAMC in a press release. Thomas Zhu, ChinaAMC\'s head of digital assets and head of family office business, highlighted the benefits of these spot Bitcoin and Ether ETFs, stating that they provide a regulated framework for retail and institutional investors to safely and conveniently invest in virtual assets. He also expressed expectations of robust demand for their offerings, given the growing adoption of ETFs in institutional asset allocation and retail trading in Hong Kong.\nChinaAMC and Harvest Global Investments, whose ETFs were among those approved, have confirmed that they will be utilizing digital asset platform OSL as their "sub-custodian partner." OSL stated that the conditional approval signifies substantial completion of the regulatory vetting process and that they are working intensively to ensure a smooth launch.\nWhile it remains uncertain whether investors from mainland China will be able to purchase these ETFs, the potential entry of up to $25 billion into the market is noteworthy.', 'The Securities and Futures Commission (SFC) of Hong Kong has officially granted approval for several spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the region. The approved ETFs include ChinaAMC, Harvest, and Bosera HashKey Bitcoin and Ether ETFs, aslistedon the SFC website.\nAlthough conditional approval was granted earlier this month, the official stamp of approval sets the stage for trading to begin on April 30, as confirmed by ChinaAMC in a press release. Thomas Zhu, ChinaAMC\'s head of digital assets and head of family office business, highlighted the benefits of these spot Bitcoin and Ether ETFs, stating that they provide a regulated framework for retail and institutional investors to safely and conveniently invest in virtual assets. He also expressed expectations of robust demand for their offerings, given the growing adoption of ETFs in institutional asset allocation and retail trading in Hong Kong.\nChinaAMC and Harvest Global Investments, whose ETFs were among those approved, have confirmed that they will be utilizing digital asset platform OSL as their "sub-custodian partner." OSL stated that the conditional approval signifies substantial completion of the regulatory vetting process and that they are working intensively to ensure a smooth launch.\nWhile it remains uncertain whether investors from mainland China will be able to purchase these ETFs, the potential entry of up to $25 billion into the market is noteworthy.', "• The iconic 'Buy Bitcoin' sign that was held up behind Janet Yellen was sold at an auction for 16 BTC.\n• Proceeds from the auction will go to fund a Bitcoin layer-2 startup called Tirrel Corp.\nThe iconic 'Buy Bitcoin' sign held behind Janet Yellen during her televised Congressional testimony in July 2017 has been auctioned off for 16 BTC, or just over $1 million.\nScarce.City, the auction house that facilitated the deal, said it was a record amount for the auction platform.\nThe auction itself was held at PubKey, a Bitcoin-themed bar in New York City.\nThe sign’s new owner is someone who goes by the handle of Squirrekkywrath, according to a tweet from PubKey.\nNot much is known about its new owner. The head of research at Galaxy, Alex Thorn, said he’s a “bitcoin OG that no one has ever heard of.”\nIn aprior interview with CoinDesk, Christian Langalis, who held up the sign, said the proceeds would go to fund his startup, Tirrel Corp, which is developing a Bitcoin Lightning network wallet on Urbit.\nAfter holding up the sign during a 2017 House Financial Services hearing, Langalis was escorted out of the building for violating committee rules – all the while, the image was going viral on the web.", "• The iconic 'Buy Bitcoin' sign that was held up behind Janet Yellen was sold at an auction for 16 BTC.\n• Proceeds from the auction will go to fund a Bitcoin layer-2 startup called Tirrel Corp **Last 60 Days of Bitcoin's Closing Prices:** [51733.24, 54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-25 **Financial & Commodity Data:** - Gold Closing Price: $2329.80 - Crude Oil Closing Price: $83.57 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,275,706,950,541 - Hash Rate: 630674365.8262494 - Transaction Count: 526242.0 - Unique Addresses: 633650.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Chicago, IL – March 15, 2024 – 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. ETFs recently featured in the blog include: iShares Bitcoin Trust IBIT, Fidelity Wise Origin Bitcoin Trust FBTC, Bitwise Bitcoin ETF BITB, Valkyrie Bitcoin Fund BRRR and VanEck Bitcoin Trust HODL. Here are highlights from Thursday’s Analyst Blog: In an unprecedented surge of investor interest, spot bitcoin ETFs witnessed record inflows exceeding $1 billion in a single day on Mar 12, according to data from BitMEX Research.BlackRock's iShares Bitcoin Trustwas at the forefront, attracting nearly $850 million of capital. This underscores the rapidly growing enthusiasm for Bitcoin and its related financial products. Since its launch on Jan 11, 2024, IBIT has remarkably amassed more than $11 billion in inflows, dwarfing the combined inflows of nine other issuers who received approval from the Securities and Exchange Commission (SEC) to launch bitcoin spot price-based ETFs. The success of IBIT reflects a substantial shift in investment trends toward digital assets, especially Bitcoin, which remains the most significant cryptocurrency by market capitalization (read: Spot Bitcoin ETF). This growth is reflective of the broadening appeal of bitcoin ETFs among investors seeking exposure to the cryptocurrency market through regulated financial products. The collective AUM of the 10 spot bitcoin ETFs has exceeded $60 billion. With the unprecedented amount of capital flowing into crypto products, the world's largest cryptocurrency has been on an unstoppable rally. Bitcoin surpassed the $73,000 mark for the first time ever. This marks the fourth all-time high in six days. A looming reduction in the digital token’s supply growth (halving event) is also contributing to its huge rally (read: Bitcoin on an Unstoppable Rally: 5 Sizzling Hot ETFs). With Bitcoin's unique position in the digital currency space, many remain bullish on its future, forecasting it to breach the $100,000 mark before year-end. Further, Bitcoin seems to be a potential successor to gold as a secure asset, promising continued value growth driven by its increasing integration into the financial ecosystem. The cryptocurrency’s resilience to economic uncertainties like inflation and interest rate hikes positions it favorably in the current economic environment. Let’s delve into the above-mentioned ETFs in detail: iShares Bitcoin Trust iShares Bitcoin Trust seeks to reflect the performance of the price of Bitcoin. It enables investors to access Bitcoin within a traditional brokerage account. The fund charges 25 bps in annual fees from investors. IBIT has AUM of $14.8 billion and trades in an average daily volume of $26.6 million shares. Fidelity Wise Origin Bitcoin Trust Fidelity Wise Origin Bitcoin Trust offers exposure to the price of bitcoin — without buying bitcoin directly — in brokerage, trust, and tax-advantaged accounts. The entire fee of 0.25% has been waived until Jul 31, 2024. It trades in an average daily volume of 11 million shares and has amassed $9.2 billion in AUM. Bitwise Bitcoin ETF With AUM of $1.9 billion, Bitwise Bitcoin ETF invests directly in Bitcoin and is easily accessible from a brokerage account. It has the lowest fees among the spot Bitcoin ETFs at 0.20% (read: Bitcoin Bulls Racing for $450K? Zooming in on Crypto ETFs). Valkyrie Bitcoin Fund Valkyrie Bitcoin Fund reflects the performance of the value of a bitcoin as represented by the CME CF Bitcoin Reference Rate - New York Variant. It has an expense ratio of 0.25%, but the fee has been waived off for the first three months. Valkyrie Bitcoin Fund has accumulated $404.3 million in its asset base and trades in an average daily volume of 263,000 shares. VanEck Bitcoin Trust VanEck Bitcoin Trust seeks to reflect the performance of the price of Bitcoin less the expenses of the Trust's operations. It charges 20 bps in annual fees but the entire fee will be waived off for the first $1.5 billion of the Trust’s assets. VanEck Bitcoin Trust currently has $438.5 million in AUM and trades in a volume of 418,000 shares a day on average. Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it 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 iShares Bitcoin Trust (IBIT): ETF Research Reports Fidelity Wise Origin Bitcoin Fund (FBTC): ETF Research Reports VanEck Bitcoin Trust (HODL): ETF Research Reports Valkyrie Bitcoin Fund (BRRR): ETF Research Reports Bitwise Bitcoin ETF (BITB): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): [['u/LadyRaoulDukeGonzo', "My Roommate Is Mining Bitcoin But He Claim He's Doing It In A Way That Won't Make Our Electricity Bill Skyrocket. Is This Even Possible? ", 40, '2024-04-25 00:35', 'https://www.reddit.com/r/BitcoinMining/comments/1ccbsb8/my_roommate_is_mining_bitcoin_but_he_claim_hes/', 'This guy tends to bend the truth at times and I noticed he had a bunch of new computer hardware after talking about his interest in mining Bitcoin. Pretty much the only thing I know about mining is that it consumes a lot of electricity. When I asked if this would drive up the electricity bill he said some bullshit like, "oh, no thats why I have a CPU, so that it wont consume so much." Look, dude, all computers have a CPU, I\'m not that stupid. My question is, is there any hardware or something that could possibly make this true? I\'m like 99% sure he\'s full of shit but I don\'t want to put his balls in a vice on the off chance he\'s not. Sorry to sound so uninformed here, just thought I should ask.', 'https://www.reddit.com/r/BitcoinMining/comments/1ccbsb8/my_roommate_is_mining_bitcoin_but_he_claim_hes/', '1ccbsb8', [['u/TacoShopRs', 37, '2024-04-25 01:11', 'https://www.reddit.com/r/BitcoinMining/comments/1ccbsb8/my_roommate_is_mining_bitcoin_but_he_claim_hes/l14cb1w/', 'He could be mining crapcoins probably using something like Nicehash that mines the best coins with his computer and pays in Bitcoin. If he is using an actual bitcoin miner you would 100% make the electricity bill skyrocket and would be very hot and loud. \n\nIf he is using a gaming computer to mine then it would probably pull maximum 400w with the highest end pc and that’s like $30 a month at 10c/kwh.', '1ccbsb8']]], ['u/unpopularpuffin9', 'Sold my 1 bitcoin for cro. One week update', 72, '2024-04-25 03:13', 'https://www.reddit.com/r/cro/comments/1ccf7qu/sold_my_1_bitcoin_for_cro_one_week_update/', "I'm getting about 2,500 CRO/week, which is pretty good. In my local currency, that adds up to around 500$. I'm unstaking my defi, and in another few months I'll have enough to restake for icy. \n\nUp about 4% from my buy price (11.2¢ roughly) so I'm quite happy still. Talk to you guys on the one month update.", 'https://www.reddit.com/r/cro/comments/1ccf7qu/sold_my_1_bitcoin_for_cro_one_week_update/', '1ccf7qu', [['u/A3rdRanger1776', 18, '2024-04-25 05:24', 'https://www.reddit.com/r/cro/comments/1ccf7qu/sold_my_1_bitcoin_for_cro_one_week_update/l15eeq8/', 'Selling (1) BTC at ~$65,000 = ~565,000 CRO. About 113,000 CRO in earnings over (1) year, or 2350 a week. \n\nObvious my numbers are off a bit since you said 2500 CRO a week, so you probably sold your BTC higher than $65k. 👍 \n\nIf BTC goes to $100,000 in the next 365 days, you would have gained about $35,000.\n\nAlthough, if BTC did/does go to $100,000 in 365 days, obviously 🙄 CRO would follow to about .25+. If you locked in at 11.2 cents…that’s a gain of “at a minimum .08, or .14 on the high end”.\n\n.08 x 565,000 CRO = $45,200 in gains. Basically if BTC only pumps to $100k in 365 days, you made a REALLY good decision!!!!!\n\nAt .14 x 565,000 CRO = $79,100 in gains. After (1) year you could sell 565k CRO + your gains and own around 1.5 BTC 😆, if BTC is $100k.\n\nThats pretty awesome!!', '1ccf7qu']]], ['u/unpopularpuffin9', 'Sold my 1btc for CRO. Staked it for 20%. 1 week update.', 316, '2024-04-25 03:13', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/', "I'm getting about 2,500 CRO/week, which is pretty good. In my local currency, that adds up to around 500$. I'm unstaking my defi, and in another few months I'll have enough to restake for icy. \n\nUp about 4% from my buy price (11.2¢ roughly) so I'm quite happy still. Talk to you guys on the one month update.", 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/', '1ccf86r', [['u/Game_310', 56, '2024-04-25 04:25', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l1568qq/', 'Nice, 2,500 a week 🚀. I’m getting 943 Cro a week from my Icy stake and thought that was a lot lol.', '1ccf86r'], ['u/weswak89', 29, '2024-04-25 04:28', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l156ryu/', 'This guy just flexing on all of us', '1ccf86r'], ['u/unpopularpuffin9', 19, '2024-04-25 04:37', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l157z6b/', 'Seas are clear now, 51 weeks to go. A lot could happen.', '1ccf86r'], ['u/unpopularpuffin9', 27, '2024-04-25 04:37', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l15839l/', 'That is a lot! Who knows, could be financial independence level by the time we see the top of this cycle', '1ccf86r'], ['u/kemek', 11, '2024-04-25 06:01', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l15iybt/', 'You had one single BTC and traded it for CRO… Umm.', '1ccf86r'], ['u/ShibaInuMan', 11, '2024-04-25 06:16', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l15kmcd/', 'Nice! Wish we had something like that. In the U.S. we get a 1099-Misc form sent to the IRS reporting any staking rewards of $600 or more per year. Every single transaction is also reported in a 1099-K form sent to the IRS. \n\nStaking rewards= considered income and it is taxed at your regular tax bracket\n\nIf you hold your staked rewards (that you already paid income taxes on) them then sell them a year later at a higher price= capital gains taxes on the difference from the acquired price if selling at a profit.\n\ncashback rebates is not income or taxed. If you hold them and sell them later at a higher price = capital gains taxes on the difference from the acquired price if selling at a profit.', '1ccf86r'], ['u/7ivor', 103, '2024-04-25 06:22', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l15lbde/', 'Are you up in btc terms? Sold bitcoin for it, would make more sense to measure the returns against bitcoin.', '1ccf86r'], ['u/Tyranoc4', 15, '2024-04-25 06:40', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l15ndh0/', 'a lot will happen.', '1ccf86r'], ['u/-X5-', 68, '2024-04-25 06:44', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l15nrne/', 'This.\n\nI would estimate that OP is down 2% in BTC.', '1ccf86r'], ['u/Sea-Fondant3492', 61, '2024-04-25 10:22', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l167mxc/', 'Selling BTC for CRO is the worst idea I’ve ever heard in my life…', '1ccf86r'], ['u/CyberKingfisher', 12, '2024-04-25 13:56', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l16rpw0/', 'Hmm… depends on how you see it. In this bull run, BTC might do 2-3x from current price. CRO might do 5-7x, possibly more. \n\nIt would make sense to buy BTC with returns then convert CRO back to BTC after the 12 month lock in period because BTC is more stable long term. I have no doubt CRO will dump again when people take profits. It all depends on your short, medium, long term goals', '1ccf86r'], ['u/Shabuwa', 10, '2024-04-25 14:26', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l16vj3w/', 'tax bill? he left out the part that he bought the btc 3 weeks ago at 73,000 /s', '1ccf86r'], ['u/unpopularpuffin9', 21, '2024-04-25 17:57', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l17unp0/', "Thank goodness I don't live in the US. For such a large country, you'd think they'd have a tax system that makes sense to the average person.", '1ccf86r'], ['u/usernamezombie', 11, '2024-04-25 22:44', 'https://www.reddit.com/r/Crypto_com/comments/1ccf86r/sold_my_1btc_for_cro_staked_it_for_20_1_week/l192xxx/', 'Large country. Hungry politicians for tax dollars. Enormous appetite for giving away tax payer dollars across the globe.', '1ccf86r']]], ['u/ZnV1', ' Hashing explained from scratch for noobs (like me), not for chad devs #dvsj ', 280, '2024-04-25 04:41', 'https://www.reddit.com/r/webdev/comments/1cch13e/hashing_explained_from_scratch_for_noobs_like_me/', '*assuming you have no knowledge about hashes, this is me trying to explain it.* \n***note: this is NOT related to hash brownies***.\n\n# Find 5 differences between these pages 🥸\n\nI fell for a "WFH opportunity make $$$ from home comparing docs" scheme. \nI want to compare 2 pages manually. My algorithm would be:\n\n1. Take all words from the first page, take all words from the second page\n2. See if all words are the same in both pages\n\nJoking. Who has time to read everything? \nMore realistically, this is what I would do:\n\n1. Take first 2 words on the page (`good morning`), last 2 words on the page (`okay bye`)\n2. See if those 4 words are the same in both pages (`good morning`, `okay bye`)\n\n[why see all word when few word do trick?](https://preview.redd.it/uoeg5tlsfjwc1.png?width=714&format=png&auto=webp&s=3f699931b1a1f58fa0d4cc3dc186dc86dc33b8e2)\n\n**Magic!** Instead of checking all words on the page, we looked at 4 words and decided if two pages are the same. \nWe have *reduced the whole content of the page to just 4 words*, kind of like an identifier that represents the whole page. These 4 words are called the hash. \n**Hash: A short text of a particular length that represents larger text**.\n\n-----\n\n# But my algorithm sucks, right? 👎🏽\n\nObviously, *there is a high chance of false positives and duplicates*. \nAny page that starts with `good morning` and ends with `okay bye` will give us this hash. \n**When different content results in the same hash,... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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 tumbled after the first-quarter GDP report on Thursday.\n• Economic growth slowed to 1.6% in the first three months of the year, badly missing expectations.\n• Commentators pointed out that the data was still mostly strong but inflation is problematic.\nStocks fell on Thursday, with the Dow Jones Industrial Average losing 375 points as the market took in weaker-than-expected economic data.\nGrowth slowed but inflation stayed high last quarter, a discouraging sign for traders as they look for signs the Federal Reserve will soon cut interest rates. Slowing growth and high inflation is a tough scenario for the economy and hasled to "stagflation"in previous eras, like the 1970s.\nYet, several banks noted that the data is still upbeat under the surface. Barclays and Bank of America both noted that demand looks to be solid still, evidenced by sales to domestic purchases, which came in at 2.8% for the quarter.\nHowever, inflation was a nasty surprise, and the situation could be complicated even more by Friday\'s personal consumption expenditures report, which is the Fed\'s preferred measure of inflation. Bank of America analysts said that they forecast upward revisions in January and February PCE, rather than a big surprise jump in the March figure.\n"The economy will likely decelerate further in the following quarters as consumers are likely near the end of their spending splurge. Savings rates are falling as sticky inflation puts greater pressure on the consumer," LPL Financial chief economist Jeffrey Roach said.\xa0"We should expect inflation will ease throughout this year as aggregate demand slows, although the path to the Fed\'s 2% target still looks a long ways off."\nThe 10-year Treasury bond jumped five basis points to 4.704%.\nMeta tumbled Thursday, helping to drag the wider tech sector down. The social media firm delivered disappointing guidance after reporting earnings that beat estimates. Markets are awaiting results after the closing bell for Microsoft and Google parent Alphabet.\nHere\'s where US indexes stood at the 4 p.m. closing bell on Thursday:\n• S&P 500:5,048.42, down 0.5%\n• Dow Jones Industrial Average:38,085.80, down 1% (375 points)\n• Nasdaq Composite:15,611.76, down 0.6%\nHere\'s what else is going on:\n• High inflation could be with us for a whileas commodity prices see a fresh surge, the World Bank says.\n• Bill Gross said on X that investors should avoid tech, but there\'s one name he says stands out if you have to dabble in the sector.\n• A "buy bitcoin" sign scrawled on yellow legal paper sold for $1 million. It was flashed by an intern during a congressional hearing of Janet Yellen in 2017.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil rose 1% to $83.75 a barrel.Brent crude, the international benchmark, ticked gained 1.3% to 89.18 a barrel.\n• Goldrose 0.4% to $2,347.70 an ounce.\n• The 10-year Treasury yield rose five basis points to 4.704%.\n• Bitcoinedged up to $64,586.\nRead the original article onBusiness Insider', "Payments giant Stripe hasannouncedits return to the cryptocurrency space after co-founder John Collison revealed their plan to allow merchants to receive funds in the form of the USD Coin (USDC) stablecoin. According to Collison, the “transactions instantly settle on-chain and automatically convert to fiat” and will begin as soon as this summer.\nBusinesses utilizing Stripe's technology will have the capability to accept payments made in USDC, the second-largest stablecoin in the crypto market and the sixth-largest cryptocurrency by market capitalization. By embracing USDC, Stripe aims to empower its users by facilitating global transactions and providing customers with easy, fast, and secure payment options, regardless of their access to traditional banking services or credit cards.\nJohn Egan, the head of crypto at Stripe, expressed enthusiasm about the integration of stablecoin payments, highlighting the potential to enhance merchants' reach and offer their customers a seamless payment experience. Stripe plans to initially support USDC transactions on the Ethereum, Solana, and Polygon networks, with additional network compatibility to be announced closer to the launch date.\nThis move marks Stripe's reentry into the crypto landscape after its initial foray in 2014 when it became one of the earliest major companies to accept Bitcoin payments. However, the company discontinued its crypto services in 2018 due to rising costs on the Bitcoin blockchain. Despite this setback, Stripe remained optimistic about cryptocurrencies as a whole.", 'An exceptionally rare satoshi, the smallest unit ofBitcoin, has been sold for 33.3 Bitcoin (BTC), equivalent to approximately $2.13 million. The saletook placeon the cryptocurrency exchange CoinEx Global on April 25, five days after it was mined by Bitcoin mining pool viaBTC in block 840,000 on April 20, marking the fourth Bitcoin halving.\nThis unique satoshi, known as an "epic sat," was auctioned off with 34 bids received before an unidentified bidder secured ownership rights to "sat number 1,968,750,000,000,000." The runner-up bidder offered 20 Bitcoin for the rare sat, but ultimately lost the auction.\nCoinEx announced the successful conclusion of the auction, highlighting that it represented more than just a bidding event. They emphasized that the sale symbolized community recognition and the widespread embrace of Bitcoin.\nThe concept of epic sats stems from the Ordinals number system, which assigns a unique sequence number to each satoshi based on mining timestamps. Since there have been four Bitcoin halvings, only four of these rare sats exist.\nWhile an ordinary satoshi is currently valued at $0.00065, certain sats hold greater collectible value due to their unique identifiers. The scarcity of these sats is enhanced by the periodic events within the Bitcoin network.', 'An exceptionally rare satoshi, the smallest unit ofBitcoin, has been sold for 33.3 Bitcoin (BTC), equivalent to approximately $2.13 million. The saletook placeon the cryptocurrency exchange CoinEx Global on April 25, five days after it was mined by Bitcoin mining pool viaBTC in block 840,000 on April 20, marking the fourth Bitcoin halving.\nThis unique satoshi, known as an "epic sat," was auctioned off with 34 bids received before an unidentified bidder secured ownership rights to "sat number 1,968,750,000,000,000." The runner-up bidder offered 20 Bitcoin for the rare sat, but ultimately lost the auction.\nCoinEx announced the successful conclusion of the auction, highlighting that it represented more than just a bidding event. They emphasized that the sale symbolized community recognition and the widespread embrace of Bitcoin.\nThe concept of epic sats stems from the Ordinals number system, which assigns a unique sequence number to each satoshi based on mining timestamps. Since there have been four Bitcoin halvings, only four of these rare sats exist.\nWhile an ordinary satoshi is currently valued at $0.00065, certain sats hold greater collectible value due to their unique identifiers. The scarcity of these sats is enhanced by the periodic events within the Bitcoin network.', 'The famous \'Buy Bitcoin\' sign, written on a yellow notepad, that became an iconic symbol during Janet Yellen\'s Congressional testimony in July 2017 has beensoldin an auction for 16BTC, amounting to just over $1 million. The auction, facilitated by Scarce.City, achieved a record-breaking amount on the platform.\nThe auction event took place at PubKey, a Bitcoin-themed bar located in New York City, adding a touch of cryptocurrency ambiance to the proceedings. The buyer of the sign is an individual known by the online alias Squirrekkywrath, as confirmed in a tweet by PubKey. Not much is known about the new owner, but Alex Thorn, the head of research at Galaxy, describes them as a "bitcoin OG that no one has ever heard of."\nChristian Langalis, the person who held up the famous sign, said that the proceeds from the auction would be directed towards funding his startup, Tirrel Corp. The company is actively developing a Bitcoin Lightning network wallet on Urbit, an open-source operating system.\nLangalis gained attention during a House Financial Services hearing in 2017 when he defiantly displayed the \'Buy Bitcoin\' sign. However, his actions resulted in him being escorted out of the building for violating committee rules. Nevertheless, the image of the sign quickly spread across the internet, going viral and capturing the imagination of the crypto community.', 'The famous \'Buy Bitcoin\' sign, written on a yellow notepad, that became an iconic symbol during Janet Yellen\'s Congressional testimony in July 2017 has beensoldin an auction for 16BTC, amounting to just over $1 million. The auction, facilitated by Scarce.City, achieved a record-breaking amount on the platform.\nThe auction event took place at PubKey, a Bitcoin-themed bar located in New York City, adding a touch of cryptocurrency ambiance to the proceedings. The buyer of the sign is an individual known by the online alias Squirrekkywrath, as confirmed in a tweet by PubKey. Not much is known about the new owner, but Alex Thorn, the head of research at Galaxy, describes them as a "bitcoin OG that no one has ever heard of."\nChristian Langalis, the person who held up the famous sign, said that the proceeds from the auction would be directed towards funding his startup, Tirrel Corp. The company is actively developing a Bitcoin Lightning network wallet on Urbit, an open-source operating system.\nLangalis gained attention during a House Financial Services hearing in 2017 when he defiantly displayed the \'Buy Bitcoin\' sign. However, his actions resulted in him being escorted out of the building for violating committee rules. Nevertheless, the image of the sign quickly spread across the internet, going viral and capturing the imagination of the crypto community.', "Road Town, British Virgin Islands **Last 60 Days of Bitcoin's Closing Prices:** [54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-26 **Financial & Commodity Data:** - Gold Closing Price: $2334.80 - Crude Oil Closing Price: $83.85 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,255,214,088,478 - Hash Rate: 578118168.6740619 - Transaction Count: 442347.0 - Unique Addresses: 664327.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: As Changpeng “CZ” Zhao, the founder andformer CEOof cryptocurrency exchange Binance, awaits his fate on April 30, U.S. prosecutors have requested he serve 36 months in prison, according to a Department of Justicesentencing memofiled Tuesday. “Given the magnitude of Zhao’s willful violation of U.S. law and its consequences, an above-guideline sentence of 36 months is warranted,” prosecutors wrote to the U.S. district court for the Western District of Washington. Federal guidelinesarea maximum prison term of 18 months for Zhao, who agreed not to appeal any sentence up to that length. Zhao pleaded guilty to criminal charges in November, admitting toviolating money laundering requirementsin the U.S., and subsequently stepped down as CEO. He has been free on a $175 million bond. Zhao also agreed to pay a $50 million fine, alongsidelarger penalties to Binance of $4.3 billion, to end the criminal case. In exchange, Binance was permitted to continue operations in the U.S. “The sentence in this case will not just send a message to Zhao but also to the world," prosecutors wrote. "Zhao reaped vast rewards for his violation of U.S. law, and the price of that violation must be significant to effectively punish Zhao for his criminal acts and to deter others who are tempted to build fortunes and business empires by breaking U.S. law." But some industry onlookers doubt the likelihood of Judge Richard Jones being persuaded by this request. "I feel they may have overreached, and I'd be surprised if CZ got 36 months or anything close to it. The DOJ has not proved in court that CZ knew any details about the massive felonious fraud that occurred under his watch," Terrence Yang, managing director at Swan Bitcoin toldFortunevia email. "And I'm usually with the DOJ on stuff like this," added Yang. In a concurrentcourt filing, also filed Tuesday, Zhao admits that the company’s approach to U.S. regulations was: “Better to ask for forgiveness than permission.” The filing cites a conversation from 2019 in which Zhao wrote, “If we blocked the U.S. users from day 1, Binance will not be as big as we are today…wait for the U.S. regulators to come to us.” The filing goes on to add: “Zhao deeply regrets his offense, and he has shown exceptional acceptance of responsibility and redemption.” Despite pleading guilty and awaiting jail time, Zhao has remained active in the crypto industry. Last month, he announced Giggle Academy, an educational project focused on teaching children age 3 and under about crypto and blockchain, but will issue “no new tokens.” Revealing the project’s logo on Wednesday, Zhao wrote on X: “We wanted the Giggle Academy logo to show youth, fun, positive energy, and growth. We also want to show respect to our ‘Binance heritage.’” This story was originally featured onFortune.com... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95
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:** ['• US stocks tumbled after the first-quarter GDP report on Thursday.\n• Economic growth slowed to 1.6% in the first three months of the year, badly missing expectations.\n• Commentators pointed out that the data was still mostly strong but inflation is problematic.\nStocks fell on Thursday, with the Dow Jones Industrial Average losing 375 points as the market took in weaker-than-expected economic data.\nGrowth slowed but inflation stayed high last quarter, a discouraging sign for traders as they look for signs the Federal Reserve will soon cut interest rates. Slowing growth and high inflation is a tough scenario for the economy and hasled to "stagflation"in previous eras, like the 1970s.\nYet, several banks noted that the data is still upbeat under the surface. Barclays and Bank of America both noted that demand looks to be solid still, evidenced by sales to domestic purchases, which came in at 2.8% for the quarter.\nHowever, inflation was a nasty surprise, and the situation could be complicated even more by Friday\'s personal consumption expenditures report, which is the Fed\'s preferred measure of inflation. Bank of America analysts said that they forecast upward revisions in January and February PCE, rather than a big surprise jump in the March figure.\n"The economy will likely decelerate further in the following quarters as consumers are likely near the end of their spending splurge. Savings rates are falling as sticky inflation puts greater pressure on the consumer," LPL Financial chief economist Jeffrey Roach said.\xa0"We should expect inflation will ease throughout this year as aggregate demand slows, although the path to the Fed\'s 2% target still looks a long ways off."\nThe 10-year Treasury bond jumped five basis points to 4.704%.\nMeta tumbled Thursday, helping to drag the wider tech sector down. The social media firm delivered disappointing guidance after reporting earnings that beat estimates. Markets are awaiting results after the closing bell for Microsoft and Google parent Alphabet.\nHere\'s where US indexes stood at the 4 p.m. closing bell on Thursday:\n• S&P 500:5,048.42, down 0.5%\n• Dow Jones Industrial Average:38,085.80, down 1% (375 points)\n• Nasdaq Composite:15,611.76, down 0.6%\nHere\'s what else is going on:\n• High inflation could be with us for a whileas commodity prices see a fresh surge, the World Bank says.\n• Bill Gross said on X that investors should avoid tech, but there\'s one name he says stands out if you have to dabble in the sector.\n• A "buy bitcoin" sign scrawled on yellow legal paper sold for $1 million. It was flashed by an intern during a congressional hearing of Janet Yellen in 2017.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil rose 1% to $83.75 a barrel.Brent crude, the international benchmark, ticked gained 1.3% to 89.18 a barrel.\n• Goldrose 0.4% to $2,347.70 an ounce.\n• The 10-year Treasury yield rose five basis points to 4.704%.\n• Bitcoinedged up to $64,586.\nRead the original article onBusiness Insider', "Payments giant Stripe hasannouncedits return to the cryptocurrency space after co-founder John Collison revealed their plan to allow merchants to receive funds in the form of the USD Coin (USDC) stablecoin. According to Collison, the “transactions instantly settle on-chain and automatically convert to fiat” and will begin as soon as this summer.\nBusinesses utilizing Stripe's technology will have the capability to accept payments made in USDC, the second-largest stablecoin in the crypto market and the sixth-largest cryptocurrency by market capitalization. By embracing USDC, Stripe aims to empower its users by facilitating global transactions and providing customers with easy, fast, and secure payment options, regardless of their access to traditional banking services or credit cards.\nJohn Egan, the head of crypto at Stripe, expressed enthusiasm about the integration of stablecoin payments, highlighting the potential to enhance merchants' reach and offer their customers a seamless payment experience. Stripe plans to initially support USDC transactions on the Ethereum, Solana, and Polygon networks, with additional network compatibility to be announced closer to the launch date.\nThis move marks Stripe's reentry into the crypto landscape after its initial foray in 2014 when it became one of the earliest major companies to accept Bitcoin payments. However, the company discontinued its crypto services in 2018 due to rising costs on the Bitcoin blockchain. Despite this setback, Stripe remained optimistic about cryptocurrencies as a whole.", 'An exceptionally rare satoshi, the smallest unit ofBitcoin, has been sold for 33.3 Bitcoin (BTC), equivalent to approximately $2.13 million. The saletook placeon the cryptocurrency exchange CoinEx Global on April 25, five days after it was mined by Bitcoin mining pool viaBTC in block 840,000 on April 20, marking the fourth Bitcoin halving.\nThis unique satoshi, known as an "epic sat," was auctioned off with 34 bids received before an unidentified bidder secured ownership rights to "sat number 1,968,750,000,000,000." The runner-up bidder offered 20 Bitcoin for the rare sat, but ultimately lost the auction.\nCoinEx announced the successful conclusion of the auction, highlighting that it represented more than just a bidding event. They emphasized that the sale symbolized community recognition and the widespread embrace of Bitcoin.\nThe concept of epic sats stems from the Ordinals number system, which assigns a unique sequence number to each satoshi based on mining timestamps. Since there have been four Bitcoin halvings, only four of these rare sats exist.\nWhile an ordinary satoshi is currently valued at $0.00065, certain sats hold greater collectible value due to their unique identifiers. The scarcity of these sats is enhanced by the periodic events within the Bitcoin network.', 'An exceptionally rare satoshi, the smallest unit ofBitcoin, has been sold for 33.3 Bitcoin (BTC), equivalent to approximately $2.13 million. The saletook placeon the cryptocurrency exchange CoinEx Global on April 25, five days after it was mined by Bitcoin mining pool viaBTC in block 840,000 on April 20, marking the fourth Bitcoin halving.\nThis unique satoshi, known as an "epic sat," was auctioned off with 34 bids received before an unidentified bidder secured ownership rights to "sat number 1,968,750,000,000,000." The runner-up bidder offered 20 Bitcoin for the rare sat, but ultimately lost the auction.\nCoinEx announced the successful conclusion of the auction, highlighting that it represented more than just a bidding event. They emphasized that the sale symbolized community recognition and the widespread embrace of Bitcoin.\nThe concept of epic sats stems from the Ordinals number system, which assigns a unique sequence number to each satoshi based on mining timestamps. Since there have been four Bitcoin halvings, only four of these rare sats exist.\nWhile an ordinary satoshi is currently valued at $0.00065, certain sats hold greater collectible value due to their unique identifiers. The scarcity of these sats is enhanced by the periodic events within the Bitcoin network.', 'The famous \'Buy Bitcoin\' sign, written on a yellow notepad, that became an iconic symbol during Janet Yellen\'s Congressional testimony in July 2017 has beensoldin an auction for 16BTC, amounting to just over $1 million. The auction, facilitated by Scarce.City, achieved a record-breaking amount on the platform.\nThe auction event took place at PubKey, a Bitcoin-themed bar located in New York City, adding a touch of cryptocurrency ambiance to the proceedings. The buyer of the sign is an individual known by the online alias Squirrekkywrath, as confirmed in a tweet by PubKey. Not much is known about the new owner, but Alex Thorn, the head of research at Galaxy, describes them as a "bitcoin OG that no one has ever heard of."\nChristian Langalis, the person who held up the famous sign, said that the proceeds from the auction would be directed towards funding his startup, Tirrel Corp. The company is actively developing a Bitcoin Lightning network wallet on Urbit, an open-source operating system.\nLangalis gained attention during a House Financial Services hearing in 2017 when he defiantly displayed the \'Buy Bitcoin\' sign. However, his actions resulted in him being escorted out of the building for violating committee rules. Nevertheless, the image of the sign quickly spread across the internet, going viral and capturing the imagination of the crypto community.', 'The famous \'Buy Bitcoin\' sign, written on a yellow notepad, that became an iconic symbol during Janet Yellen\'s Congressional testimony in July 2017 has beensoldin an auction for 16BTC, amounting to just over $1 million. The auction, facilitated by Scarce.City, achieved a record-breaking amount on the platform.\nThe auction event took place at PubKey, a Bitcoin-themed bar located in New York City, adding a touch of cryptocurrency ambiance to the proceedings. The buyer of the sign is an individual known by the online alias Squirrekkywrath, as confirmed in a tweet by PubKey. Not much is known about the new owner, but Alex Thorn, the head of research at Galaxy, describes them as a "bitcoin OG that no one has ever heard of."\nChristian Langalis, the person who held up the famous sign, said that the proceeds from the auction would be directed towards funding his startup, Tirrel Corp. The company is actively developing a Bitcoin Lightning network wallet on Urbit, an open-source operating system.\nLangalis gained attention during a House Financial Services hearing in 2017 when he defiantly displayed the \'Buy Bitcoin\' sign. However, his actions resulted in him being escorted out of the building for violating committee rules. Nevertheless, the image of the sign quickly spread across the internet, going viral and capturing the imagination of the crypto community.', "Road Town, British Virgin Islands **Last 60 Days of Bitcoin's Closing Prices:** [54522.40, 57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-26 **Financial & Commodity Data:** - Gold Closing Price: $2334.80 - Crude Oil Closing Price: $83.85 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,255,214,088,478 - Hash Rate: 578118168.6740619 - Transaction Count: 442347.0 - Unique Addresses: 664327.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: As Changpeng “CZ” Zhao, the founder andformer CEOof cryptocurrency exchange Binance, awaits his fate on April 30, U.S. prosecutors have requested he serve 36 months in prison, according to a Department of Justicesentencing memofiled Tuesday. “Given the magnitude of Zhao’s willful violation of U.S. law and its consequences, an above-guideline sentence of 36 months is warranted,” prosecutors wrote to the U.S. district court for the Western District of Washington. Federal guidelinesarea maximum prison term of 18 months for Zhao, who agreed not to appeal any sentence up to that length. Zhao pleaded guilty to criminal charges in November, admitting toviolating money laundering requirementsin the U.S., and subsequently stepped down as CEO. He has been free on a $175 million bond. Zhao also agreed to pay a $50 million fine, alongsidelarger penalties to Binance of $4.3 billion, to end the criminal case. In exchange, Binance was permitted to continue operations in the U.S. “The sentence in this case will not just send a message to Zhao but also to the world," prosecutors wrote. "Zhao reaped vast rewards for his violation of U.S. law, and the price of that violation must be significant to effectively punish Zhao for his criminal acts and to deter others who are tempted to build fortunes and business empires by breaking U.S. law." But some industry onlookers doubt the likelihood of Judge Richard Jones being persuaded by this request. "I feel they may have overreached, and I'd be surprised if CZ got 36 months or anything close to it. The DOJ has not proved in court that CZ knew any details about the massive felonious fraud that occurred under his watch," Terrence Yang, managing director at Swan Bitcoin toldFortunevia email. "And I'm usually with the DOJ on stuff like this," added Yang. In a concurrentcourt filing, also filed Tuesday, Zhao admits that the company’s approach to U.S. regulations was: “Better to ask for forgiveness than permission.” The filing cites a conversation from 2019 in which Zhao wrote, “If we blocked the U.S. users from day 1, Binance will not be as big as we are today…wait for the U.S. regulators to come to us.” The filing goes on to add: “Zhao deeply regrets his offense, and he has shown exceptional acceptance of responsibility and redemption.” Despite pleading guilty and awaiting jail time, Zhao has remained active in the crypto industry. Last month, he announced Giggle Academy, an educational project focused on teaching children age 3 and under about crypto and blockchain, but will issue “no new tokens.” Revealing the project’s logo on Wednesday, Zhao wrote on X: “We wanted the Giggle Academy logo to show youth, fun, positive energy, and growth. We also want to show respect to our ‘Binance heritage.’” This story was originally featured onFortune.com... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['On the evening of April 19, the much-anticipatedBitcoin(CRYPTO: BTC)halving finally took place. Crypto investors around the world celebrated, and for good reason. There have been three previous halving events, and each one has resulted in a new bull market cycle for Bitcoin.\nSo is thehalvinggoing to send the price of Bitcoin soaring again this year? I think so, and here\'s why.\nMany investors may not realize this, but Bitcoin was actually created as a backlash to the financial crisis of 2008.Satoshi Nakamoto, the pseudonymous creator of Bitcoin, blamed irresponsible fiscal and monetary policy for the crisis, and sought to create a new type of digital asset that would be "sound money."\nWith that in mind, Nakamoto built the unique halving mechanism into the original Bitcoin algorithm. A halving occurs after 210,000 blocks have been added to the Bitcoin blockchain, and that\'s approximately once every four years. As soon as the 210,000th block has been added, the mining reward for adding any new blocks is cut in half.\nAnother way to think about this is that Bitcoin is the only asset in the world with its own monetary policy. The halving mechanism carefully controls how much new Bitcoin can be created at any time. It also places a hard cap on how much Bitcoin can ever be created, which is 21 million coins.\nAll this is done to make Bitcoin as inflation-resistant as possible, a feat that even the most talented central bankers have never fully mastered. According toCoinbase Global(NASDAQ: COIN), Bitcoin is now a "programmatically disinflationary asset." In other words, Bitcoin is literally programmed to resist inflation. So, if you are looking for a long-term store of value, it\'s Bitcoin.\nThe second reason I\'m buying Bitcoin is because there is a very high probability that Bitcoin will soar in value after April 19. There have been three previous Bitcoin halving cycles, and in each one, Bitcoin has soared to a new all-time high. Some of the gains have been truly astounding. For example, in the previous halving cycle, Bitcoin soared from $10,000 in May 2020 to $69,000 in November 2021.\nOf course, past performance is no guarantee of future performance, so there is a chance that Bitcoin may not soar as high in value this time around. Coinbase recently modeled the results of the three previous halving cycles, and found that the effect of each halving appears to be diminishing over time. This makes sense, given that we\'re getting closer and closer to the 21 million hard cap, with 19.7 million bitcoins currently in circulation.\nBut there is something very different this time around with the fourth Bitcoin halving, and that\'s the recent introduction of the new spot Bitcoin ETFs. This introduces an entirely new source of Bitcoin demand, and will likely help to prop up the price of Bitcoin if there is any selling pressure after the halving. In fact, some crypto traders think that we\'re already facing a potential "supply squeeze" in terms of available Bitcoin, and the halving could force the price of Bitcoin higher, simply on the basis of supply and demand.\nAll this leads me to think that we\'re going to get a similar type of price dynamic to what we\'ve seen in past Bitcoin halving cycles. According to Coinbase, Bitcoin rallied 923% in the six months after the first halving, 37% in the six months after the second halving, and 82% in the six months after the third halving. So it\'s certainly within the realm of possibility that Bitcoin might pass the $100,000 level sometime this year. Given Bitcoin\'s current price of $65,000, that would imply a rally of approximately 50%.\nAs Bitcoin goes increasingly mainstream, it should start to behave more and more like a traditional financial asset. That means less volatility, more correlation with stocks and bonds, and greater price dependence on the overall macroeconomic environment. As a result, there could be less explosive upside than we\'re used to seeing with Bitcoin in previous halving cycles.\nWhile Bitcoin may no longer be able to 100x or 1,000x in value as easily as it once did, it should still be able to increase 10x in price over the next decade. And that could be a conservative estimate. Cathie Wood of Ark Invest now thinks Bitcoin is going to blow past the $1 million price level sometime before 2030.So, if you\'re thinking about investing in Bitcoin, buckle up and enjoy the ride.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $506,291!*\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*.\nSee the 10 stocks »\n*Stock Advisor returns as of April 22, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nBitcoin Just Halved Its Mining Reward. Here\'s Why I\'m Buying Nowwas originally published by The Motley Fool', 'On the evening of April 19, the much-anticipatedBitcoin(CRYPTO: BTC)halving finally took place. Crypto investors around the world celebrated, and for good reason. There have been three previous halving events, and each one has resulted in a new bull market cycle for Bitcoin.\nSo is thehalvinggoing to send the price of Bitcoin soaring again this year? I think so, and here\'s why.\nMany investors may not realize this, but Bitcoin was actually created as a backlash to the financial crisis of 2008.Satoshi Nakamoto, the pseudonymous creator of Bitcoin, blamed irresponsible fiscal and monetary policy for the crisis, and sought to create a new type of digital asset that would be "sound money."\nWith that in mind, Nakamoto built the unique halving mechanism into the original Bitcoin algorithm. A halving occurs after 210,000 blocks have been added to the Bitcoin blockchain, and that\'s approximately once every four years. As soon as the 210,000th block has been added, the mining reward for adding any new blocks is cut in half.\nAnother way to think about this is that Bitcoin is the only asset in the world with its own monetary policy. The halving mechanism carefully controls how much new Bitcoin can be created at any time. It also places a hard cap on how much Bitcoin can ever be created, which is 21 million coins.\nAll this is done to make Bitcoin as inflation-resistant as possible, a feat that even the most talented central bankers have never fully mastered. According toCoinbase Global(NASDAQ: COIN), Bitcoin is now a "programmatically disinflationary asset." In other words, Bitcoin is literally programmed to resist inflation. So, if you are looking for a long-term store of value, it\'s Bitcoin.\nThe second reason I\'m buying Bitcoin is because there is a very high probability that Bitcoin will soar in value after April 19. There have been three previous Bitcoin halving cycles, and in each one, Bitcoin has soared to a new all-time high. Some of the gains have been truly astounding. For example, in the previous halving cycle, Bitcoin soared from $10,000 in May 2020 to $69,000 in November 2021.\nOf course, past performance is no guarantee of future performance, so there is a chance that Bitcoin may not soar as high in value this time around. Coinbase recently modeled the results of the three previous halving cycles, and found that the effect of each halving appears to be diminishing over time. This makes sense, given that we\'re getting closer and closer to the 21 million hard cap, with 19.7 million bitcoins currently in circulation.\nBut there is something very different this time around with the fourth Bitcoin halving, and that\'s the recent introduction of the new spot Bitcoin ETFs. This introduces an entirely new source of Bitcoin demand, and will likely help to prop up the price of Bitcoin if there is any selling pressure after the halving. In fact, some crypto traders think that we\'re already facing a potential "supply squeeze" in terms of available Bitcoin, and the halving could force the price of Bitcoin higher, simply on the basis of supply and demand.\nAll this leads me to think that we\'re going to get a similar type of price dynamic to what we\'ve seen in past Bitcoin halving cycles. According to Coinbase, Bitcoin rallied 923% in the six months after the first halving, 37% in the six months after the second halving, and 82% in the six months after the third halving. So it\'s certainly within the realm of possibility that Bitcoin might pass the $100,000 level sometime this year. Given Bitcoin\'s current price of $65,000, that would imply a rally of approximately 50%.\nAs Bitcoin goes increasingly mainstream, it should start to behave more and more like a traditional financial asset. That means less volatility, more correlation with stocks and bonds, and greater price dependence on the overall macroeconomic environment. As a result, there could be less explosive upside than we\'re used to seeing with Bitcoin in previous halving cycles.\nWhile Bitcoin may no longer be able to 100x or 1,000x in value as easily as it once did, it should still be able to increase 10x in price over the next decade. And that could be a conservative estimate. Cathie Wood of Ark Invest now thinks Bitcoin is going to blow past the $1 million price level sometime before 2030.So, if you\'re thinking about investing in Bitcoin, buckle up and enjoy the ride.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best s **Last 60 Days of Bitcoin's Closing Prices:** [57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-27 **Financial & Commodity Data:** - Gold Closing Price: $2334.80 - Crude Oil Closing Price: $83.85 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,241,592,570,169 - Hash Rate: 613155633.4421867 - Transaction Count: 452967.0 - Unique Addresses: 673970.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.67 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • MicroStrategy could boost earnings by over $3 billion if it chooses to adopt new standards, the report said. • Benchmark said if the company reports positive earnings it meets the final condition for S&P 500 inclusion. • This would boost MicroStrategy’s valuation as index funds would be forced to buy the stock, the broker said. MicroStrategy (MSTR) could surprise Wall Street analysts and report better-than-expected earnings if the software company chooses to adopt new accounting standards, a move that means it could qualify for inclusion in America’s most important stock index, the S&P 500, broker Benchmark said in a research report on Thursday.The company will report results for thefirst quarter2024 after the close of markets on April 29. MicroStrategy’s corporate strategy is partly based on the acquisition and holding of bitcoin. As of March 19 it held 214,246 bitcoin worth $13.9 billion at current prices. Benchmark notes that since the software company started holding bitcoin on its balance sheet it has recorded $2.27 billion in cumulative impairment losses due to a Financial Accounting Standards Board (FASB) rule called ASC 350.TheFASB issued new guidancein December last year that allows companies that hold digital assets on their balance sheet to measure them at fair value, and record changes in fair value in net income in each reporting period. The new rules become effective as of Jan. 1, 2025, but early adoption of the standard is allowed.“The impact of doing so on MSTR’s reported earnings per share would be massive: the company in its 2023 10-K report estimated that early adoption would increase its 2024 beginning retained earnings balance by ~$3.1 billion,” analyst Mark Palmer wrote. Analyst consensus is for MicroStrategy to report a first-quarter 2024 loss per share of $0.55. Benchmark estimates that if the company decides to opt for early adoption of the new standard it could report a gain of more than $300 per share for the quarter.MicroStrategy currently meets nearly all of the criteria for S&P 500 inclusion, the report said. The company is based in the U.S., its shares are highly liquid, 50% of its outstanding shares are available for trading, and its market cap is greater than $18 billion. For the index committee to consider a stock for inclusion in the S&P 500 it must also report positive earnings in its most recent quarter. Benchmark notes that MicroStrategy has reported losses in 10 of the past 14 quarters. Early adoption of the new standards means the software company could meet this final criterion.“Inclusion in the S&P 500 would position MSTR’s stock valuation to receive an ongoing boost from the price-agnostic purchases of its shares resulting from enormous passive inflows,” Palmer wrote.Still, uncertainty around the tax impact of adopting the FASB’s updated guidance could cause MicroStrategy to hold off on early adoption, the report added Read more:MicroStrategy Should Continue to Rally as Bitcoin Halving Nears: Benchmark... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82
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:** ['On the evening of April 19, the much-anticipatedBitcoin(CRYPTO: BTC)halving finally took place. Crypto investors around the world celebrated, and for good reason. There have been three previous halving events, and each one has resulted in a new bull market cycle for Bitcoin.\nSo is thehalvinggoing to send the price of Bitcoin soaring again this year? I think so, and here\'s why.\nMany investors may not realize this, but Bitcoin was actually created as a backlash to the financial crisis of 2008.Satoshi Nakamoto, the pseudonymous creator of Bitcoin, blamed irresponsible fiscal and monetary policy for the crisis, and sought to create a new type of digital asset that would be "sound money."\nWith that in mind, Nakamoto built the unique halving mechanism into the original Bitcoin algorithm. A halving occurs after 210,000 blocks have been added to the Bitcoin blockchain, and that\'s approximately once every four years. As soon as the 210,000th block has been added, the mining reward for adding any new blocks is cut in half.\nAnother way to think about this is that Bitcoin is the only asset in the world with its own monetary policy. The halving mechanism carefully controls how much new Bitcoin can be created at any time. It also places a hard cap on how much Bitcoin can ever be created, which is 21 million coins.\nAll this is done to make Bitcoin as inflation-resistant as possible, a feat that even the most talented central bankers have never fully mastered. According toCoinbase Global(NASDAQ: COIN), Bitcoin is now a "programmatically disinflationary asset." In other words, Bitcoin is literally programmed to resist inflation. So, if you are looking for a long-term store of value, it\'s Bitcoin.\nThe second reason I\'m buying Bitcoin is because there is a very high probability that Bitcoin will soar in value after April 19. There have been three previous Bitcoin halving cycles, and in each one, Bitcoin has soared to a new all-time high. Some of the gains have been truly astounding. For example, in the previous halving cycle, Bitcoin soared from $10,000 in May 2020 to $69,000 in November 2021.\nOf course, past performance is no guarantee of future performance, so there is a chance that Bitcoin may not soar as high in value this time around. Coinbase recently modeled the results of the three previous halving cycles, and found that the effect of each halving appears to be diminishing over time. This makes sense, given that we\'re getting closer and closer to the 21 million hard cap, with 19.7 million bitcoins currently in circulation.\nBut there is something very different this time around with the fourth Bitcoin halving, and that\'s the recent introduction of the new spot Bitcoin ETFs. This introduces an entirely new source of Bitcoin demand, and will likely help to prop up the price of Bitcoin if there is any selling pressure after the halving. In fact, some crypto traders think that we\'re already facing a potential "supply squeeze" in terms of available Bitcoin, and the halving could force the price of Bitcoin higher, simply on the basis of supply and demand.\nAll this leads me to think that we\'re going to get a similar type of price dynamic to what we\'ve seen in past Bitcoin halving cycles. According to Coinbase, Bitcoin rallied 923% in the six months after the first halving, 37% in the six months after the second halving, and 82% in the six months after the third halving. So it\'s certainly within the realm of possibility that Bitcoin might pass the $100,000 level sometime this year. Given Bitcoin\'s current price of $65,000, that would imply a rally of approximately 50%.\nAs Bitcoin goes increasingly mainstream, it should start to behave more and more like a traditional financial asset. That means less volatility, more correlation with stocks and bonds, and greater price dependence on the overall macroeconomic environment. As a result, there could be less explosive upside than we\'re used to seeing with Bitcoin in previous halving cycles.\nWhile Bitcoin may no longer be able to 100x or 1,000x in value as easily as it once did, it should still be able to increase 10x in price over the next decade. And that could be a conservative estimate. Cathie Wood of Ark Invest now thinks Bitcoin is going to blow past the $1 million price level sometime before 2030.So, if you\'re thinking about investing in Bitcoin, buckle up and enjoy the ride.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $506,291!*\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*.\nSee the 10 stocks »\n*Stock Advisor returns as of April 22, 2024\nDominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Coinbase Global. The Motley Fool has adisclosure policy.\nBitcoin Just Halved Its Mining Reward. Here\'s Why I\'m Buying Nowwas originally published by The Motley Fool', 'On the evening of April 19, the much-anticipatedBitcoin(CRYPTO: BTC)halving finally took place. Crypto investors around the world celebrated, and for good reason. There have been three previous halving events, and each one has resulted in a new bull market cycle for Bitcoin.\nSo is thehalvinggoing to send the price of Bitcoin soaring again this year? I think so, and here\'s why.\nMany investors may not realize this, but Bitcoin was actually created as a backlash to the financial crisis of 2008.Satoshi Nakamoto, the pseudonymous creator of Bitcoin, blamed irresponsible fiscal and monetary policy for the crisis, and sought to create a new type of digital asset that would be "sound money."\nWith that in mind, Nakamoto built the unique halving mechanism into the original Bitcoin algorithm. A halving occurs after 210,000 blocks have been added to the Bitcoin blockchain, and that\'s approximately once every four years. As soon as the 210,000th block has been added, the mining reward for adding any new blocks is cut in half.\nAnother way to think about this is that Bitcoin is the only asset in the world with its own monetary policy. The halving mechanism carefully controls how much new Bitcoin can be created at any time. It also places a hard cap on how much Bitcoin can ever be created, which is 21 million coins.\nAll this is done to make Bitcoin as inflation-resistant as possible, a feat that even the most talented central bankers have never fully mastered. According toCoinbase Global(NASDAQ: COIN), Bitcoin is now a "programmatically disinflationary asset." In other words, Bitcoin is literally programmed to resist inflation. So, if you are looking for a long-term store of value, it\'s Bitcoin.\nThe second reason I\'m buying Bitcoin is because there is a very high probability that Bitcoin will soar in value after April 19. There have been three previous Bitcoin halving cycles, and in each one, Bitcoin has soared to a new all-time high. Some of the gains have been truly astounding. For example, in the previous halving cycle, Bitcoin soared from $10,000 in May 2020 to $69,000 in November 2021.\nOf course, past performance is no guarantee of future performance, so there is a chance that Bitcoin may not soar as high in value this time around. Coinbase recently modeled the results of the three previous halving cycles, and found that the effect of each halving appears to be diminishing over time. This makes sense, given that we\'re getting closer and closer to the 21 million hard cap, with 19.7 million bitcoins currently in circulation.\nBut there is something very different this time around with the fourth Bitcoin halving, and that\'s the recent introduction of the new spot Bitcoin ETFs. This introduces an entirely new source of Bitcoin demand, and will likely help to prop up the price of Bitcoin if there is any selling pressure after the halving. In fact, some crypto traders think that we\'re already facing a potential "supply squeeze" in terms of available Bitcoin, and the halving could force the price of Bitcoin higher, simply on the basis of supply and demand.\nAll this leads me to think that we\'re going to get a similar type of price dynamic to what we\'ve seen in past Bitcoin halving cycles. According to Coinbase, Bitcoin rallied 923% in the six months after the first halving, 37% in the six months after the second halving, and 82% in the six months after the third halving. So it\'s certainly within the realm of possibility that Bitcoin might pass the $100,000 level sometime this year. Given Bitcoin\'s current price of $65,000, that would imply a rally of approximately 50%.\nAs Bitcoin goes increasingly mainstream, it should start to behave more and more like a traditional financial asset. That means less volatility, more correlation with stocks and bonds, and greater price dependence on the overall macroeconomic environment. As a result, there could be less explosive upside than we\'re used to seeing with Bitcoin in previous halving cycles.\nWhile Bitcoin may no longer be able to 100x or 1,000x in value as easily as it once did, it should still be able to increase 10x in price over the next decade. And that could be a conservative estimate. Cathie Wood of Ark Invest now thinks Bitcoin is going to blow past the $1 million price level sometime before 2030.So, if you\'re thinking about investing in Bitcoin, buckle up and enjoy the ride.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best s **Last 60 Days of Bitcoin's Closing Prices:** [57085.37, 62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-27 **Financial & Commodity Data:** - Gold Closing Price: $2334.80 - Crude Oil Closing Price: $83.85 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,241,592,570,169 - Hash Rate: 613155633.4421867 - Transaction Count: 452967.0 - Unique Addresses: 673970.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.67 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • MicroStrategy could boost earnings by over $3 billion if it chooses to adopt new standards, the report said. • Benchmark said if the company reports positive earnings it meets the final condition for S&P 500 inclusion. • This would boost MicroStrategy’s valuation as index funds would be forced to buy the stock, the broker said. MicroStrategy (MSTR) could surprise Wall Street analysts and report better-than-expected earnings if the software company chooses to adopt new accounting standards, a move that means it could qualify for inclusion in America’s most important stock index, the S&P 500, broker Benchmark said in a research report on Thursday.The company will report results for thefirst quarter2024 after the close of markets on April 29. MicroStrategy’s corporate strategy is partly based on the acquisition and holding of bitcoin. As of March 19 it held 214,246 bitcoin worth $13.9 billion at current prices. Benchmark notes that since the software company started holding bitcoin on its balance sheet it has recorded $2.27 billion in cumulative impairment losses due to a Financial Accounting Standards Board (FASB) rule called ASC 350.TheFASB issued new guidancein December last year that allows companies that hold digital assets on their balance sheet to measure them at fair value, and record changes in fair value in net income in each reporting period. The new rules become effective as of Jan. 1, 2025, but early adoption of the standard is allowed.“The impact of doing so on MSTR’s reported earnings per share would be massive: the company in its 2023 10-K report estimated that early adoption would increase its 2024 beginning retained earnings balance by ~$3.1 billion,” analyst Mark Palmer wrote. Analyst consensus is for MicroStrategy to report a first-quarter 2024 loss per share of $0.55. Benchmark estimates that if the company decides to opt for early adoption of the new standard it could report a gain of more than $300 per share for the quarter.MicroStrategy currently meets nearly all of the criteria for S&P 500 inclusion, the report said. The company is based in the U.S., its shares are highly liquid, 50% of its outstanding shares are available for trading, and its market cap is greater than $18 billion. For the index committee to consider a stock for inclusion in the S&P 500 it must also report positive earnings in its most recent quarter. Benchmark notes that MicroStrategy has reported losses in 10 of the past 14 quarters. Early adoption of the new standards means the software company could meet this final criterion.“Inclusion in the S&P 500 would position MSTR’s stock valuation to receive an ongoing boost from the price-agnostic purchases of its shares resulting from enormous passive inflows,” Palmer wrote.Still, uncertainty around the tax impact of adopting the FASB’s updated guidance could cause MicroStrategy to hold off on early adoption, the report added Read more:MicroStrategy Should Continue to Rally as Bitcoin Halving Nears: Benchmark... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Personal growth goe\xads hand in hand with facing challenges.In a recent YouTube video, financial expert Tony Robbins had a chat with investing legend Ray Dalio. In 1975, Dalio founded theinvestmentmanagement firm Bridgewater Associates. Fast forward four decades and Bridgewater Associates has grown to be the largest hedge fund in the world, managing over 160 billion dollars. They discussed six key steps to creating billion-dollar success.\nFor You:Tony Robbins: 10 Passive Income Ideas To Build Your FortuneTry This:6 Genius Things All Wealthy People Do With Their Money\nSponsored:Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity.\nHere are six steps to take if you’re looking for mega financial success, according to Robbins and Dalio:\nRobbins expressed that life\xad’s biggest chances come from tough time\xads. He stresses making the most of the\xadse moments. Struggles te\xadst your creativity and character. At the same time, crises can le\xadad to breakthroughs, which means that many struggles are really just opportunitie\xads in disguise.\nRobbins and Dalio spoke about the effects of market crashe\xads. They’re opinion is to seek balance\xad and practice some market timing at the same time. Balanced investing means dive\xadrsifying your assets in order to hedge financial losses due to market swings. It was highlighted that a combination of adjusting investments when the marke\xadts drop, taking chances, and reducing risks can all make a difference for your finances.\nBitcoin, the original cryptocurrency that took the world by storm, remains a highly speculative and volatile asset. While\xad crypto tech continues to advance, it’s crucial to take caution and avoid speculating reckle\xadssly with Bitcoin. Be sure to carefully understand blockchain principles and the risks associated withcryptocurrenciesbe\xadfore investing.\nFrom Dalio’s exhaustive\xad study on successful people such asJeff Bezosand Elon Musk, Robbins highlights some shared traits of these individuals. Each of these successful industry leaders have a captivating vision, they’re practical, and the\xady always persevere\xad against all odds. Robbins stresse\xadd the importance of being open-minded and maintaining a willingness to learn from others. To achieve similar success, becoming skille\xadd at forming partnerships and balancing individual strengths is key.\nRobbins and Dalio stress making principled choices for pe\xadrsonal and shared growth. They highlighted the importance of having cle\xadar individual principles. Being open-minde\xadd should always be coupled with disagreeing respe\xadctfully. By aligning your personal and shared principle\xads with others, people can connect de\xadeper which results in a stronger ability to navigate challenge\xads.\nRobbins highlights how having principles guide\xads our personal and work lives. He says we\xad should think about principles that matter to us and we should cle\xadarly express those principle\xads. To achieve success, our actions should always align with our principles. Whe\xadn making decisions based on principles, you\xad grow stronger, you build good relationships, and you can clearly pursue what you’re aiming for.\nMore From GOBankingRates\n• 6 Expensive Costco Items That Are Definitely Worth the Cost\n• 5 Unnecessary Bills You Should Stop Paying in 2024\n• 5 Reasons You Should Consider an Annuity For Your Retirement Savings\n• 10 New Cars to Avoid Buying in 2024\nThis article originally appeared onGOBankingRates.com:Tony Robbins: 6 Billion-Dollar Success Strategies', "There aren't many assets that have outperformedBitcoin(CRYPTO: BTC). In the past five years, it has skyrocketed more than 1,100% (as of April 23). That far outpaced theNasdaq Compositeindex, for example.\nTo be clear, I'mstill bullish on the top cryptocurrency. Even at its current price of roughly $66,700, which is 10% off the peak, it looks like a smart buying opportunity.\nHowever, I believe it's always a good idea for investors to understand the bear case for any asset they own or are considering.\nThe most obvious thing that could put a bearish headwind in the way of this booming crypto would be governments putting strict regulatory measures in place around it. Countries could make it illegal for their citizens to buy Bitcoin, or for anyone to mine it within their borders -- effectively banning it. This is exactly what China has done.\nIf the U.S. ever followed a similar approach, that would mean the richest country on Earth was excluding itself and its citizens and businesses from legally supporting Bitcoin. This could crush the crypto's price by alienating a massive pool of capital.\nBut why would governments want to ban Bitcoin? Bitcoin is a direct competitor to central banks across the world. These entities control benchmark interest rates and fiscal policy, which largely means they control their nations' money supply. As a decentralized monetary network that transcends borders, Bitcoin can undermine this power.\nHowever, the Securities and Exchange Commission's recent approval ofspot-price Bitcoin exchange-traded funds(ETFs) in the U.S. might reveal a more favorable regulatory stance, both from Washington and Wall Street.\nWe also can't ignore technical risks. Bitcoin has been around for about 15 years, butblockchain technologyis still a novel innovation. We don't know what changes developers have in store for the Bitcoin network, which leaves plenty of uncertainty as to how it might look 15 years from now. Those changes could have consequences for the stability and trustworthiness of Bitcoin generally.\nAdmittedly, Bitcoin's software is intentionally simple, and the system is designed so that the majority of nodes need to approve any proposed changes. If there's any risk that an update could break something, the hope is that such a change would be rejected. Nevertheless, there's always a chance that a problem could get through.\nAnother factor that adds technical uncertainty is the potential of quantum computing. A number of companies and research groups are developing new supercomputers that leverage quantum mechanics to solve certain types of extremely complex problems vastly faster than traditional machines. Some of these problems -- in cryptography, for example -- are viewed as more or less unsolvable by standard computers in any useful time frame.AlphabetandMicrosoftare among the major companies working on this technology.\nIf the technical challenges of quantum computing can be overcome, such machines would likely be able to crack the Bitcoin network's cryptography, shredding its security features. Everyone's private keys -- and their Bitcoin -- would be at higher risk of being stolen. And if the public loses confidence in Bitcoin's security as an asset, its value would be in trouble.\nTo put a positive spin on this scenario, developers could also use quantum computing to develop a new and improved security mechanism for the crypto. In other words, Bitcoin could adapt.\nAnother risk that I see is so far flying under the radar in the investing world. There's always the possibility that people will simply lose interest in Bitcoin as time passes. Many individual and institutional investors, as well as corporations and governments, have gravitated to the asset over the past decade. But that has mainly been because its price has continued to go up, despite a lot of volatility along the way.\nI suspect that if Bitcoin doesn't continue satisfying its owners' desires for rapid gains, then over time, money could flow out of crypto and back to traditional asset classes like stocks and real estate. Those outflows would further depress prices, and disappointing results would discourage new investors from buying Bitcoin.\nThe counter to this thesis is that over the past 15 years, Bitcoin has remained relevant. The longer it continues to, the more I believe that it's not going anywhere.\nEven after weighing these compelling bear-case arguments, I'd say Bitcoin bulls should have even more conviction.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!*\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*.\nSee the 10 stocks »\n*Stock Advisor returns as of April 22, 2024\nSuzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors.Neil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Bitcoin, and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has adisclosure policy.\nThis Phenomenal Crypto Has Skyrocketed by 1,100% in the Past 5 Years. Here's the Bear Case You Need to Understandwas originally published by The Motley Fool", 'Investing insmall cap stockstends to be more risky than large caps, but over the long course of history, small-cap stocks have outperformed their large cap peers -- and by a significant margin. And that makes sense: After all, it\'s easier for a small company to grow by leaps and bounds than it is for an already-large company.\nOf course, that hasn\'t been the case for a while. In fact, we\'ve just gone through an extraordinary period in which large cap stocks have outperformed small cap stocks for the second longest stret **Last 60 Days of Bitcoin's Closing Prices:** [62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-28 **Financial & Commodity Data:** - Gold Closing Price: $2334.80 - Crude Oil Closing Price: $83.85 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,258,117,937,238 - Hash Rate: 613155633.4421867 - Transaction Count: 487521.0 - Unique Addresses: 509501.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.65 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: * Broker raised its year-end bitcoin target to $90K from $80K.* Bernstein now expects a 7% reduction in hashrate post halving from shutdowns.* Says bitcoin miners compelling buys for equity investors looking for exposure to crypto. Bernstein raised its year-end bitcoin {{BTC}} price forecast to $90K from $80K and updated estimates for mining stocks in its coverage, the broker said in a research report on Thursday. “With a new bitcoin bull cycle, strong ETF inflows, aggressive miner capacity expansion, and all-time high miner dollar revenues, we continue to find bitcoin miners compelling buys for equity investors seeking exposure to the crypto cycle,” wrote analysts Gautam Chhugani and Mahika Sapra. “We assume a 7% reduction in hashrate post halving from shutdowns versus 15% earlier,” the authors wrote.Hashraterefers to the total combined computational power that is being used to mine and process transactions on aproof-of-workblockchain. Thequadrennial reward halvingis when mining rewards are cut in half. The next halving is expected inmid-April. Bernstein raised its price target for outperform-rated CleanSpark (CLSK) to $30 from $14.20. It trimmed its price target for outperform-rated Riot Platforms (RIOT) to $22 from $$22.50 and lifted its Marathon Digital (market-perform) price target to $23 from $14.30. CleanSpark closed at $20.25 on Wednesday, Riot at $12.40 and Marathon at $22.43.Riot and CleanSpark are set to emerge as leaders in the sector, as the “largest miners with the largest self-mining capacity,” the report added.Read more:Bitcoin Miners Need to Be Proactive to Hold Their Positions After Halving: Fidelity Digital Assets... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Personal growth goe\xads hand in hand with facing challenges.In a recent YouTube video, financial expert Tony Robbins had a chat with investing legend Ray Dalio. In 1975, Dalio founded theinvestmentmanagement firm Bridgewater Associates. Fast forward four decades and Bridgewater Associates has grown to be the largest hedge fund in the world, managing over 160 billion dollars. They discussed six key steps to creating billion-dollar success.\nFor You:Tony Robbins: 10 Passive Income Ideas To Build Your FortuneTry This:6 Genius Things All Wealthy People Do With Their Money\nSponsored:Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity.\nHere are six steps to take if you’re looking for mega financial success, according to Robbins and Dalio:\nRobbins expressed that life\xad’s biggest chances come from tough time\xads. He stresses making the most of the\xadse moments. Struggles te\xadst your creativity and character. At the same time, crises can le\xadad to breakthroughs, which means that many struggles are really just opportunitie\xads in disguise.\nRobbins and Dalio spoke about the effects of market crashe\xads. They’re opinion is to seek balance\xad and practice some market timing at the same time. Balanced investing means dive\xadrsifying your assets in order to hedge financial losses due to market swings. It was highlighted that a combination of adjusting investments when the marke\xadts drop, taking chances, and reducing risks can all make a difference for your finances.\nBitcoin, the original cryptocurrency that took the world by storm, remains a highly speculative and volatile asset. While\xad crypto tech continues to advance, it’s crucial to take caution and avoid speculating reckle\xadssly with Bitcoin. Be sure to carefully understand blockchain principles and the risks associated withcryptocurrenciesbe\xadfore investing.\nFrom Dalio’s exhaustive\xad study on successful people such asJeff Bezosand Elon Musk, Robbins highlights some shared traits of these individuals. Each of these successful industry leaders have a captivating vision, they’re practical, and the\xady always persevere\xad against all odds. Robbins stresse\xadd the importance of being open-minded and maintaining a willingness to learn from others. To achieve similar success, becoming skille\xadd at forming partnerships and balancing individual strengths is key.\nRobbins and Dalio stress making principled choices for pe\xadrsonal and shared growth. They highlighted the importance of having cle\xadar individual principles. Being open-minde\xadd should always be coupled with disagreeing respe\xadctfully. By aligning your personal and shared principle\xads with others, people can connect de\xadeper which results in a stronger ability to navigate challenge\xads.\nRobbins highlights how having principles guide\xads our personal and work lives. He says we\xad should think about principles that matter to us and we should cle\xadarly express those principle\xads. To achieve success, our actions should always align with our principles. Whe\xadn making decisions based on principles, you\xad grow stronger, you build good relationships, and you can clearly pursue what you’re aiming for.\nMore From GOBankingRates\n• 6 Expensive Costco Items That Are Definitely Worth the Cost\n• 5 Unnecessary Bills You Should Stop Paying in 2024\n• 5 Reasons You Should Consider an Annuity For Your Retirement Savings\n• 10 New Cars to Avoid Buying in 2024\nThis article originally appeared onGOBankingRates.com:Tony Robbins: 6 Billion-Dollar Success Strategies', "There aren't many assets that have outperformedBitcoin(CRYPTO: BTC). In the past five years, it has skyrocketed more than 1,100% (as of April 23). That far outpaced theNasdaq Compositeindex, for example.\nTo be clear, I'mstill bullish on the top cryptocurrency. Even at its current price of roughly $66,700, which is 10% off the peak, it looks like a smart buying opportunity.\nHowever, I believe it's always a good idea for investors to understand the bear case for any asset they own or are considering.\nThe most obvious thing that could put a bearish headwind in the way of this booming crypto would be governments putting strict regulatory measures in place around it. Countries could make it illegal for their citizens to buy Bitcoin, or for anyone to mine it within their borders -- effectively banning it. This is exactly what China has done.\nIf the U.S. ever followed a similar approach, that would mean the richest country on Earth was excluding itself and its citizens and businesses from legally supporting Bitcoin. This could crush the crypto's price by alienating a massive pool of capital.\nBut why would governments want to ban Bitcoin? Bitcoin is a direct competitor to central banks across the world. These entities control benchmark interest rates and fiscal policy, which largely means they control their nations' money supply. As a decentralized monetary network that transcends borders, Bitcoin can undermine this power.\nHowever, the Securities and Exchange Commission's recent approval ofspot-price Bitcoin exchange-traded funds(ETFs) in the U.S. might reveal a more favorable regulatory stance, both from Washington and Wall Street.\nWe also can't ignore technical risks. Bitcoin has been around for about 15 years, butblockchain technologyis still a novel innovation. We don't know what changes developers have in store for the Bitcoin network, which leaves plenty of uncertainty as to how it might look 15 years from now. Those changes could have consequences for the stability and trustworthiness of Bitcoin generally.\nAdmittedly, Bitcoin's software is intentionally simple, and the system is designed so that the majority of nodes need to approve any proposed changes. If there's any risk that an update could break something, the hope is that such a change would be rejected. Nevertheless, there's always a chance that a problem could get through.\nAnother factor that adds technical uncertainty is the potential of quantum computing. A number of companies and research groups are developing new supercomputers that leverage quantum mechanics to solve certain types of extremely complex problems vastly faster than traditional machines. Some of these problems -- in cryptography, for example -- are viewed as more or less unsolvable by standard computers in any useful time frame.AlphabetandMicrosoftare among the major companies working on this technology.\nIf the technical challenges of quantum computing can be overcome, such machines would likely be able to crack the Bitcoin network's cryptography, shredding its security features. Everyone's private keys -- and their Bitcoin -- would be at higher risk of being stolen. And if the public loses confidence in Bitcoin's security as an asset, its value would be in trouble.\nTo put a positive spin on this scenario, developers could also use quantum computing to develop a new and improved security mechanism for the crypto. In other words, Bitcoin could adapt.\nAnother risk that I see is so far flying under the radar in the investing world. There's always the possibility that people will simply lose interest in Bitcoin as time passes. Many individual and institutional investors, as well as corporations and governments, have gravitated to the asset over the past decade. But that has mainly been because its price has continued to go up, despite a lot of volatility along the way.\nI suspect that if Bitcoin doesn't continue satisfying its owners' desires for rapid gains, then over time, money could flow out of crypto and back to traditional asset classes like stocks and real estate. Those outflows would further depress prices, and disappointing results would discourage new investors from buying Bitcoin.\nThe counter to this thesis is that over the past 15 years, Bitcoin has remained relevant. The longer it continues to, the more I believe that it's not going anywhere.\nEven after weighing these compelling bear-case arguments, I'd say Bitcoin bulls should have even more conviction.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!*\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*.\nSee the 10 stocks »\n*Stock Advisor returns as of April 22, 2024\nSuzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors.Neil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Bitcoin, and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has adisclosure policy.\nThis Phenomenal Crypto Has Skyrocketed by 1,100% in the Past 5 Years. Here's the Bear Case You Need to Understandwas originally published by The Motley Fool", 'Investing insmall cap stockstends to be more risky than large caps, but over the long course of history, small-cap stocks have outperformed their large cap peers -- and by a significant margin. And that makes sense: After all, it\'s easier for a small company to grow by leaps and bounds than it is for an already-large company.\nOf course, that hasn\'t been the case for a while. In fact, we\'ve just gone through an extraordinary period in which large cap stocks have outperformed small cap stocks for the second longest stret **Last 60 Days of Bitcoin's Closing Prices:** [62504.79, 61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-28 **Financial & Commodity Data:** - Gold Closing Price: $2334.80 - Crude Oil Closing Price: $83.85 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,258,117,937,238 - Hash Rate: 613155633.4421867 - Transaction Count: 487521.0 - Unique Addresses: 509501.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.65 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: * Broker raised its year-end bitcoin target to $90K from $80K.* Bernstein now expects a 7% reduction in hashrate post halving from shutdowns.* Says bitcoin miners compelling buys for equity investors looking for exposure to crypto. Bernstein raised its year-end bitcoin {{BTC}} price forecast to $90K from $80K and updated estimates for mining stocks in its coverage, the broker said in a research report on Thursday. “With a new bitcoin bull cycle, strong ETF inflows, aggressive miner capacity expansion, and all-time high miner dollar revenues, we continue to find bitcoin miners compelling buys for equity investors seeking exposure to the crypto cycle,” wrote analysts Gautam Chhugani and Mahika Sapra. “We assume a 7% reduction in hashrate post halving from shutdowns versus 15% earlier,” the authors wrote.Hashraterefers to the total combined computational power that is being used to mine and process transactions on aproof-of-workblockchain. Thequadrennial reward halvingis when mining rewards are cut in half. The next halving is expected inmid-April. Bernstein raised its price target for outperform-rated CleanSpark (CLSK) to $30 from $14.20. It trimmed its price target for outperform-rated Riot Platforms (RIOT) to $22 from $$22.50 and lifted its Marathon Digital (market-perform) price target to $23 from $14.30. CleanSpark closed at $20.25 on Wednesday, Riot at $12.40 and Marathon at $22.43.Riot and CleanSpark are set to emerge as leaders in the sector, as the “largest miners with the largest self-mining capacity,” the report added.Read more:Bitcoin Miners Need to Be Proactive to Hold Their Positions After Halving: Fidelity Digital Assets... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['ELLWANGEN, GERMANY / ACCESSWIRE / April 28, 2024 /AstroPepeXannounces the successful completion of aCertik auditfor its pioneering digital asset, $APX, marking a significant milestone in cryptocurrency security. This achievement emphasizes AstroPepeX\'s dedication to ensuring the highest standards of safety and reliability in the digital finance sector.\nThe Certik audit, renowned for its rigorous security assessments, confirms that $APX adheres to essential safety protocols and is free from common vulnerabilities that could lead to security breaches. This certification is crucial as it assures users and investors of the robustness of AstroPepeX\'s blockchain technology and its resistance to manipulation and fraud.\nAstroPepeX has taken a bold step by removing human oversight from $APX operations, thereby enhancing the token\'s security and decentralization. This move ensures that no single entity can control or alter the token\'s trajectory, embodying the true spirit of decentralized finance.\nThe integration of advanced AI in the creation and management of $APX paves the way for a new era in the cryptocurrency landscape. This approach not only enhances transaction security but also positions AstroPepeX as a leader in the movement towards more autonomous financial systems.\nWith the Certik audit certification, AstroPepeX continues to build trust within the cryptocurrency community, ensuring that $APX remains a secure and reliable investment. This development is expected to attract further attention and adoption from across the globe, reinforcing the robust infrastructure and innovative approach of AstroPepeX.\nFor additional information about AstroPepeX and the $APX token, please visithttps://astropepe.io\nAbout AstroPepeX\nAstroPepeX stands at the forefront of integrating AI with blockchain technology, offering revolutionary solutions that enhance the security and efficiency of cryptocurrency transactions. Committed to pushing the boundaries of what blockchain technology can achieve, AstroPepeX continues to lead innovations that empower secure, decentralized financial systems.\nAstropepeX stands as the singular project worthy of the title "Bitcoin of AI," surpassing traditional AI-driven tokens. By embracing decentralization and relinquishing control, it echoes Bitcoin\'s ethos, embodying a future where AI reshapes finance autonomously and impartially.\nMEDIA CONTACT\nContact Person: Goran GolubicCompany: AstroPepeXEmail:[email protected]:https://astropepe.io\nTelegram:https://t.me/apxethDISCORD:https://discord.gg/uVSdDdF9DgAPP:https://aiis.devCoinMarketCcap:https://coinmarketcap.com/currencies/astropepex/CoinGecko:https://www.coingecko.com/en/coins/astropepex\nSOURCE: AstroPepeX\nView the originalpress releaseon accesswire.com', 'ELLWANGEN, GERMANY / ACCESSWIRE / April 28, 2024 /AstroPepeXannounces the successful completion of aCertik auditfor its pioneering digital asset, $APX, marking a significant milestone in cryptocurrency security. This achievement emphasizes AstroPepeX\'s dedication to ensuring the highest standards of safety and reliability in the digital finance sector.\nThe Certik audit, renowned for its rigorous security assessments, confirms that $APX adheres to essential safety protocols and is free from common vulnerabilities that could lead to security breaches. This certification is crucial as it assures users and investors of the robustness of AstroPepeX\'s blockchain technology and its resistance to manipulation and fraud.\nAstroPepeX has taken a bold step by removing human oversight from $APX operations, thereby enhancing the token\'s security and decentralization. This move ensures that no single entity can control or alter the token\'s trajectory, embodying the true spirit of decentralized finance.\nThe integration of advanced AI in the creation and management of $APX paves the way for a new era in the cryptocurrency landscape. This approach not only enhances transaction security but also positions AstroPepeX as a leader in the movement towards more autonomous financial systems.\nWith the Certik audit certification, AstroPepeX continues to build trust within the cryptocurrency community, ensuring that $APX remains a secure and reliable investment. This development is expected to attract further attention and adoption from across the globe, reinforcing the robust infrastructure and innovative approach of AstroPepeX.\nFor additional information about AstroPepeX and the $APX token, please visithttps://astropepe.io\nAbout AstroPepeX\nAstroPepeX stands at the forefront of integrating AI with blockchain technology, offering revolutionary solutions that enhance the security and efficiency of cryptocurrency transactions. Committed to pushing the boundaries of what blockchain technology can achieve, AstroPepeX continues to lead innovations that empower secure, decentralized financial systems.\nAstropepeX stands as the singular project worthy of the title "Bitcoin of AI," surpassing traditional AI-driven tokens. By embracing decentralization and relinquishing control, it echoes Bitcoin\'s ethos, embodying a future where AI reshapes finance autonomously and impartially.\nMEDIA CONTACT\nContact Person: Goran GolubicCompany: AstroPepeXEmail:[email protected]:https://astropepe.io\nTelegram:https://t.me/apxethDISCORD:https://discord.gg/uVSdDdF9DgAPP:https://aiis.devCoinMarketCcap:https://coinmarketcap.com/currencies/astropepex/CoinGecko:https://www.coingecko.com/en/coins/astropepex\nSOURCE: AstroPepeX\nView the originalpress releaseon accesswire.com', "After months of continuous inflows, the surge of cash pouring into Bitcoin exchange-traded funds (ETFs) has come to a halt.Accordingto data from London-based investment firm Farside Investors, investors withdrew nearly $218 million from these products yesterday.\nThis significant cash outflow coincides with a crucial federal economic report indicating that the American economy experienced slower growth than anticipated in the first quarter. As a result, it is unlikely that the Federal Reserve will lower interest rates in the near future, following their recent increase to combat inflation. High interest rates do not bode well for risk-on assets like Bitcoin, as investors would rather place their funds in high yield and stable investment opportunities.\nIn January, the Securities and Exchange Commission approved 11 Bitcoin ETFs, allowing investors to gain exposure to the cryptocurrency by purchasing shares that track Bitcoin's price through brokerage accounts. These ETFs have garnered immense popularity, with substantial amounts of money flowing into the products shortly after their launch.\nHowever, after a continuous inflow period lasting 71 days, no new funds entered IBIT yesterday. Additionally, Grayscale's ETF experienced a loss of $139.3 million, while Fidelity's fund (FBTC) saw an outflow of $23 million, marking the first decline in assets since its launch.\nBitcoin (BTC)currently stands at $62,313, reflecting a 2.62% decline over the past 24 hours. The leading cryptocurrency is down 5.27% in the past week, and is down 15.16% from the all-time highs of $73,750 reached on March 14, 2024.", "After months of continuous inflows, the surge of cash pouring into Bitcoin exchange-traded funds (ETFs) has come to a halt.Accordingto data from London-based investment firm Farside Investors, investors withdrew nearly $218 million from these products yesterday.\nThis significant cash outflow coincides with a crucial federal economic report indicating that the American economy experienced slower growth than anticipated in the first quarter. As a result, it is unlikely that the Federal Reserve will lower interest rates in the near future, following their recent increase to combat inflation. High interest rates do not bode well for risk-on assets like Bitcoin, as investors would rather place their funds in high yield and stable investment opportunities.\nIn January, the Securities and Exchange Commission approved 11 Bitcoin ETFs, allowing investors to gain exposure to the cryptocurrency by purchasing shares that track Bitcoin's price through brokerage accounts. These ETFs have garnered immense popularity, with substantial amounts of money flowing into the products shortly after their launch.\nHowever, after a continuous inflow period lasting 71 days, no new funds entered IBIT yesterday. Additionally, Grayscale's ETF experienced a loss of $139.3 million, while Fidelity's fund (FBTC) saw an outflow of $23 million, marking the first decline in assets since its launch.\nBitcoin (BTC)currently stands at $62,313, reflecting a 2.62% decline over the past 24 hours. The leading cryptocurrency is down 5.27% in the past week, and is down 15.16% from the all-time highs of $73,750 reached on March 14, 2024.", '• Bitcoin and ether trade lower as Asia begins its business week.\n• There are mixed bullish and bearish market signals as the week begins.\nCrypto markets are in the red amid renewed fears of U.S. stagflation, aworst-casescenariofor risk assets.\nBitcoin {{BTC}}, the leading cryptocurrency by market value, traded near $62,400 at press time, down 2.5% on a 24-hour basis,according to CoinDesk Indices data.Ether {{ETH}}traded 3% lower at $3,200, and theCoinDesk 20 (CD20), a measure of the most liquid digital assets, was down 2.6% at 2,197 points.\nThe market appears to be on a precipice right now as it debates which direction to take, with significant bullish and bearish narratives on the horizon.\nAs QCP wrote in a note over the weekend, the threat of stagflation – a period of high inflation and low growth – is very real.\n"The weaker than expected [U.S.] GDP print points to a more sluggish economy while the higher Core PCE warns of an inflation problem that continues to be a thorn in the Fed\'s side," QCP wrote.\nLast week\'s U.S. GDP report showed the world\'s largest economy grew at anannualized rate of 1.6%in the first quarter **Last 60 Days of Bitcoin's Closing Prices:** [61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-29 **Financial & Commodity Data:** - Gold Closing Price: $2345.40 - Crude Oil Closing Price: $82.63 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,231,479,925,462 - Hash Rate: 573738485.5780463 - Transaction Count: 403064.0 - Unique Addresses: 603796.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.67 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Corrects to change Bitcoin losing value, not adding) April 13 (Reuters) - Bitcoin fell 7.1% to $62,346 at 20:31 GMT on Saturday, losing $5,050 from its previous close. Bitcoin, the world's biggest and best-known cryptocurrency, is down 15.8% from the year's high of $73,794 on March 14. (Reporting by Urvi Dugar in Bengaluru; editing by Jonathan Oatis)... - Reddit Posts (Sample): [['u/btctrader12', 'The market only goes up. The sooner you accept this the better ', 2244, '2024-04-29 00:12', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/', 'The long term history of the stock market is not due to chance or randomness. We were not merely “lucky” in any sense. It is not true that anyone who invests in the market gets “lucky”. The long term trend of up is completely explainable and has a very simple cause.\n\nThe cause is that most people don’t sell. It’s just not an activity that most market participants do. More importantly, there are many people who invest into the market in stages or in a variety of different stocks. Some of them systematize this by buying a portion of their salary. There’s even a strategy called DCA (Daily Cost Averaging) where people buy a certain amount of their favorite stock or crypto every single day. This is very common in Bitcoin. There is rarely ever an equivalent of a DSA (Daily Sell Averaging) because most people simply do not sell things day to day. \n\nSo on any given day, unless there is some sort of impending news or a sudden reason that can cause panic, most sell volume is simply bots. People are not regularly selling stocks every day. It is simply **not** a thing. Now, of course, most buy volume is also bots but it is unquestionably true that there are many, if not **exponentially**, more “real” buyers than sellers on any given day. \n\nPointing out how a few crappy companies have always went down long term doesn’t invalidate any of this. The main reason that happens is not because people are selling that stock every day. It’s because there is no reason left for people to buy because the company is crappy. ', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/', '1cfipv0', [['u/vandysatx', 20, '2024-04-29 00:20', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pdb2x/', 'I like the cut of your jib matey. Full port 0 dte calls on Monday.', '1cfipv0'], ['u/NotAGoodUsername36', 200, '2024-04-29 00:23', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pdorq/', 'I think we accidentally got a post from 1924, guys.', '1cfipv0'], ['u/blackjack_bull', 44, '2024-04-29 00:26', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pe3g7/', 'The big perspective shift for people is if someone here can post the statistics for when the banks, large traders, and companies dumped their shares during the market’s many crashes. I want to see how much of the loss is retail.', '1cfipv0'], ['u/cranialrectumongus', 457, '2024-04-29 00:26', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pe4bf/', 'Yes, and as John Menard Keynes once said "In the long run we are all dead,. "', '1cfipv0'], ['u/cranialrectumongus', 14, '2024-04-29 00:28', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pehqb/', 'I believe that Mr. Keynes just entered the chat.', '1cfipv0'], ['u/Meanie_Cream_Cake', 62, '2024-04-29 00:29', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pel7d/', "This line of thinking doesn't work with trading options.\n\nYou need to know when to dip out and when to buy back in.", '1cfipv0'], ['u/Individual-Point-606', 1691, '2024-04-29 00:34', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pfa0e/', "There's actually an explanation why the SnP500 keeps going up for decades: it keeps adding profitable big companies and let em go wen they become unprofitable . So basically they rebalance the thing to have the best businesses there, ofc other external factors (rates, wars, covid,etc) play a role", '1cfipv0'], ['u/miners915tx', 11, '2024-04-29 00:34', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pfaee/', "I know this us r/wallstreetbets and not some r/investing sub but what about leaps? Yes you're paying a ton for any contracts ITM but I'd guess its about as safe as anything out there...even calls on spy at the beginning of covid turned a profit a year or less agmfter the initial draw down", '1cfipv0'], ['u/neutralpoliticsbot', 704, '2024-04-29 00:36', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pfm60/', 'bingo S&P constantly adjusting and changing 75% of S&P is different from 15 years ago.', '1cfipv0'], ['u/gnocchicotti', 38, '2024-04-29 00:37', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pfsx1/', 'The market always goes up the day after your calls expire. The sooner you accept this the better', '1cfipv0'], ['u/klauskinski79', 39, '2024-04-29 00:37', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pftu6/', "Let me provide a picture of the Japanese stockmarket. Adjusted for inflation it's far below where it was 35 years ago\n\nhttps://www.marketwatch.com/investing/index/nik?countrycode=jp", '1cfipv0'], ['u/Zajebanii', 46, '2024-04-29 00:37', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pfurd/', 'There’s like 200 stocks delisted every year. You still have to pick good companies and monitor their growth', '1cfipv0'], ['u/BlindSquirrelCapital', 317, '2024-04-29 00:39', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pg1cr/', "They thought the same thing about the Nikkei in the late 80's when Japan was supposed to overtake America as an economic powerhouse. At then end of the day it boils down to technology, productivity and demographics over the long term. Luckily the US over the past 200 years has been blessed with all of these things together with an abundance of natural resources. Will the next decade or the next 50 years yield the same results? I think so and hope so but nothing is guaranteed for any market or country, especially given our debt levels.", '1cfipv0'], ['u/HaveFunWillTravel69', 11, '2024-04-29 00:40', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pg7ss/', 'Oh honey. Your asshole is going to be so raw after this week destroys you. Get sone KY Jelly before open.', '1cfipv0'], ['u/ApplicationJunior832', 23, '2024-04-29 00:41', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pgc1i/', "Also because the world's economy has been overall growing over the last several decades, along with inflation and money supply. Money has to go somewhere, and lots get to the stock markets.\nHard to make predictions for the decades to come, let's just hope it keeps going like this", '1cfipv0'], ['u/Individual-Point-606', 670, '2024-04-29 00:44', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pgsop/', 'SnP is like the playboy mansion: wen tits begin losing to gravity they are invited to leave.', '1cfipv0'], ['u/Acrobatic_Feel', 14, '2024-04-29 00:46', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1ph5m0/', 'So only the Mag 7, got it 👍', '1cfipv0'], ['u/No_Difficulty_3116', 34, '2024-04-29 00:46', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1ph5pk/', 'Sometimes you have to wait 10 years before talking again about gains. the current graph looks too hyped up and every finfluencer screams that every regard should throw his money also in just any index. But im too regarded too wait for a bigger crash/correction', '1cfipv0'], ['u/JustmeandJas', 14, '2024-04-29 00:47', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1ph89g/', 'Survival of the fittest', '1cfipv0'], ['u/Meanie_Cream_Cake', 23, '2024-04-29 00:49', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1phmkg/', "Two reasons why LEAPS are also not safe: Theta decay and the markets in a prolonged downturn.\n\nYour LEAPS won't be worth as much (or become worthless) if the markets are red for a long time. That's why you plan a stop-loss and get the eff out if things don't look right.", '1cfipv0'], ['u/DeliriousPrecarious', 28, '2024-04-29 00:52', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pi2qt/', 'Ok. Japan didn’t have people. That’s the difference.', '1cfipv0'], ['u/BlindSquirrelCapital', 30, '2024-04-29 00:54', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1piagh/', 'Pick up a history book for once. The immigration that happened through the course of our history is what made this country an economic powerhouse since we had abundant labor pools with which to build the railroads, buildings and work in the factories. Japan was and still is very stringent on immigration and they have far more older people than productive younger people and thus the young are supporting a large portion of the population. The illegal immigration is a problem and a more orderly system should have been put in place years ago but to think that this country and much of its success was not built on immigrants from Ireland, China and elsewhere over the last two hundred years is just plain ignorant. Given the declining birthrates we better not fall into the same trap as Japan or we may be headed for the same outcome.', '1cfipv0'], ['u/lolfunctionspace', 21, '2024-04-29 00:56', 'https://ww... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96
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:** ['ELLWANGEN, GERMANY / ACCESSWIRE / April 28, 2024 /AstroPepeXannounces the successful completion of aCertik auditfor its pioneering digital asset, $APX, marking a significant milestone in cryptocurrency security. This achievement emphasizes AstroPepeX\'s dedication to ensuring the highest standards of safety and reliability in the digital finance sector.\nThe Certik audit, renowned for its rigorous security assessments, confirms that $APX adheres to essential safety protocols and is free from common vulnerabilities that could lead to security breaches. This certification is crucial as it assures users and investors of the robustness of AstroPepeX\'s blockchain technology and its resistance to manipulation and fraud.\nAstroPepeX has taken a bold step by removing human oversight from $APX operations, thereby enhancing the token\'s security and decentralization. This move ensures that no single entity can control or alter the token\'s trajectory, embodying the true spirit of decentralized finance.\nThe integration of advanced AI in the creation and management of $APX paves the way for a new era in the cryptocurrency landscape. This approach not only enhances transaction security but also positions AstroPepeX as a leader in the movement towards more autonomous financial systems.\nWith the Certik audit certification, AstroPepeX continues to build trust within the cryptocurrency community, ensuring that $APX remains a secure and reliable investment. This development is expected to attract further attention and adoption from across the globe, reinforcing the robust infrastructure and innovative approach of AstroPepeX.\nFor additional information about AstroPepeX and the $APX token, please visithttps://astropepe.io\nAbout AstroPepeX\nAstroPepeX stands at the forefront of integrating AI with blockchain technology, offering revolutionary solutions that enhance the security and efficiency of cryptocurrency transactions. Committed to pushing the boundaries of what blockchain technology can achieve, AstroPepeX continues to lead innovations that empower secure, decentralized financial systems.\nAstropepeX stands as the singular project worthy of the title "Bitcoin of AI," surpassing traditional AI-driven tokens. By embracing decentralization and relinquishing control, it echoes Bitcoin\'s ethos, embodying a future where AI reshapes finance autonomously and impartially.\nMEDIA CONTACT\nContact Person: Goran GolubicCompany: AstroPepeXEmail:[email protected]:https://astropepe.io\nTelegram:https://t.me/apxethDISCORD:https://discord.gg/uVSdDdF9DgAPP:https://aiis.devCoinMarketCcap:https://coinmarketcap.com/currencies/astropepex/CoinGecko:https://www.coingecko.com/en/coins/astropepex\nSOURCE: AstroPepeX\nView the originalpress releaseon accesswire.com', 'ELLWANGEN, GERMANY / ACCESSWIRE / April 28, 2024 /AstroPepeXannounces the successful completion of aCertik auditfor its pioneering digital asset, $APX, marking a significant milestone in cryptocurrency security. This achievement emphasizes AstroPepeX\'s dedication to ensuring the highest standards of safety and reliability in the digital finance sector.\nThe Certik audit, renowned for its rigorous security assessments, confirms that $APX adheres to essential safety protocols and is free from common vulnerabilities that could lead to security breaches. This certification is crucial as it assures users and investors of the robustness of AstroPepeX\'s blockchain technology and its resistance to manipulation and fraud.\nAstroPepeX has taken a bold step by removing human oversight from $APX operations, thereby enhancing the token\'s security and decentralization. This move ensures that no single entity can control or alter the token\'s trajectory, embodying the true spirit of decentralized finance.\nThe integration of advanced AI in the creation and management of $APX paves the way for a new era in the cryptocurrency landscape. This approach not only enhances transaction security but also positions AstroPepeX as a leader in the movement towards more autonomous financial systems.\nWith the Certik audit certification, AstroPepeX continues to build trust within the cryptocurrency community, ensuring that $APX remains a secure and reliable investment. This development is expected to attract further attention and adoption from across the globe, reinforcing the robust infrastructure and innovative approach of AstroPepeX.\nFor additional information about AstroPepeX and the $APX token, please visithttps://astropepe.io\nAbout AstroPepeX\nAstroPepeX stands at the forefront of integrating AI with blockchain technology, offering revolutionary solutions that enhance the security and efficiency of cryptocurrency transactions. Committed to pushing the boundaries of what blockchain technology can achieve, AstroPepeX continues to lead innovations that empower secure, decentralized financial systems.\nAstropepeX stands as the singular project worthy of the title "Bitcoin of AI," surpassing traditional AI-driven tokens. By embracing decentralization and relinquishing control, it echoes Bitcoin\'s ethos, embodying a future where AI reshapes finance autonomously and impartially.\nMEDIA CONTACT\nContact Person: Goran GolubicCompany: AstroPepeXEmail:[email protected]:https://astropepe.io\nTelegram:https://t.me/apxethDISCORD:https://discord.gg/uVSdDdF9DgAPP:https://aiis.devCoinMarketCcap:https://coinmarketcap.com/currencies/astropepex/CoinGecko:https://www.coingecko.com/en/coins/astropepex\nSOURCE: AstroPepeX\nView the originalpress releaseon accesswire.com', "After months of continuous inflows, the surge of cash pouring into Bitcoin exchange-traded funds (ETFs) has come to a halt.Accordingto data from London-based investment firm Farside Investors, investors withdrew nearly $218 million from these products yesterday.\nThis significant cash outflow coincides with a crucial federal economic report indicating that the American economy experienced slower growth than anticipated in the first quarter. As a result, it is unlikely that the Federal Reserve will lower interest rates in the near future, following their recent increase to combat inflation. High interest rates do not bode well for risk-on assets like Bitcoin, as investors would rather place their funds in high yield and stable investment opportunities.\nIn January, the Securities and Exchange Commission approved 11 Bitcoin ETFs, allowing investors to gain exposure to the cryptocurrency by purchasing shares that track Bitcoin's price through brokerage accounts. These ETFs have garnered immense popularity, with substantial amounts of money flowing into the products shortly after their launch.\nHowever, after a continuous inflow period lasting 71 days, no new funds entered IBIT yesterday. Additionally, Grayscale's ETF experienced a loss of $139.3 million, while Fidelity's fund (FBTC) saw an outflow of $23 million, marking the first decline in assets since its launch.\nBitcoin (BTC)currently stands at $62,313, reflecting a 2.62% decline over the past 24 hours. The leading cryptocurrency is down 5.27% in the past week, and is down 15.16% from the all-time highs of $73,750 reached on March 14, 2024.", "After months of continuous inflows, the surge of cash pouring into Bitcoin exchange-traded funds (ETFs) has come to a halt.Accordingto data from London-based investment firm Farside Investors, investors withdrew nearly $218 million from these products yesterday.\nThis significant cash outflow coincides with a crucial federal economic report indicating that the American economy experienced slower growth than anticipated in the first quarter. As a result, it is unlikely that the Federal Reserve will lower interest rates in the near future, following their recent increase to combat inflation. High interest rates do not bode well for risk-on assets like Bitcoin, as investors would rather place their funds in high yield and stable investment opportunities.\nIn January, the Securities and Exchange Commission approved 11 Bitcoin ETFs, allowing investors to gain exposure to the cryptocurrency by purchasing shares that track Bitcoin's price through brokerage accounts. These ETFs have garnered immense popularity, with substantial amounts of money flowing into the products shortly after their launch.\nHowever, after a continuous inflow period lasting 71 days, no new funds entered IBIT yesterday. Additionally, Grayscale's ETF experienced a loss of $139.3 million, while Fidelity's fund (FBTC) saw an outflow of $23 million, marking the first decline in assets since its launch.\nBitcoin (BTC)currently stands at $62,313, reflecting a 2.62% decline over the past 24 hours. The leading cryptocurrency is down 5.27% in the past week, and is down 15.16% from the all-time highs of $73,750 reached on March 14, 2024.", '• Bitcoin and ether trade lower as Asia begins its business week.\n• There are mixed bullish and bearish market signals as the week begins.\nCrypto markets are in the red amid renewed fears of U.S. stagflation, aworst-casescenariofor risk assets.\nBitcoin {{BTC}}, the leading cryptocurrency by market value, traded near $62,400 at press time, down 2.5% on a 24-hour basis,according to CoinDesk Indices data.Ether {{ETH}}traded 3% lower at $3,200, and theCoinDesk 20 (CD20), a measure of the most liquid digital assets, was down 2.6% at 2,197 points.\nThe market appears to be on a precipice right now as it debates which direction to take, with significant bullish and bearish narratives on the horizon.\nAs QCP wrote in a note over the weekend, the threat of stagflation – a period of high inflation and low growth – is very real.\n"The weaker than expected [U.S.] GDP print points to a more sluggish economy while the higher Core PCE warns of an inflation problem that continues to be a thorn in the Fed\'s side," QCP wrote.\nLast week\'s U.S. GDP report showed the world\'s largest economy grew at anannualized rate of 1.6%in the first quarter **Last 60 Days of Bitcoin's Closing Prices:** [61198.38, 62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-29 **Financial & Commodity Data:** - Gold Closing Price: $2345.40 - Crude Oil Closing Price: $82.63 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,231,479,925,462 - Hash Rate: 573738485.5780463 - Transaction Count: 403064.0 - Unique Addresses: 603796.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.67 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Corrects to change Bitcoin losing value, not adding) April 13 (Reuters) - Bitcoin fell 7.1% to $62,346 at 20:31 GMT on Saturday, losing $5,050 from its previous close. Bitcoin, the world's biggest and best-known cryptocurrency, is down 15.8% from the year's high of $73,794 on March 14. (Reporting by Urvi Dugar in Bengaluru; editing by Jonathan Oatis)... - Reddit Posts (Sample): [['u/btctrader12', 'The market only goes up. The sooner you accept this the better ', 2244, '2024-04-29 00:12', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/', 'The long term history of the stock market is not due to chance or randomness. We were not merely “lucky” in any sense. It is not true that anyone who invests in the market gets “lucky”. The long term trend of up is completely explainable and has a very simple cause.\n\nThe cause is that most people don’t sell. It’s just not an activity that most market participants do. More importantly, there are many people who invest into the market in stages or in a variety of different stocks. Some of them systematize this by buying a portion of their salary. There’s even a strategy called DCA (Daily Cost Averaging) where people buy a certain amount of their favorite stock or crypto every single day. This is very common in Bitcoin. There is rarely ever an equivalent of a DSA (Daily Sell Averaging) because most people simply do not sell things day to day. \n\nSo on any given day, unless there is some sort of impending news or a sudden reason that can cause panic, most sell volume is simply bots. People are not regularly selling stocks every day. It is simply **not** a thing. Now, of course, most buy volume is also bots but it is unquestionably true that there are many, if not **exponentially**, more “real” buyers than sellers on any given day. \n\nPointing out how a few crappy companies have always went down long term doesn’t invalidate any of this. The main reason that happens is not because people are selling that stock every day. It’s because there is no reason left for people to buy because the company is crappy. ', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/', '1cfipv0', [['u/vandysatx', 20, '2024-04-29 00:20', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pdb2x/', 'I like the cut of your jib matey. Full port 0 dte calls on Monday.', '1cfipv0'], ['u/NotAGoodUsername36', 200, '2024-04-29 00:23', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pdorq/', 'I think we accidentally got a post from 1924, guys.', '1cfipv0'], ['u/blackjack_bull', 44, '2024-04-29 00:26', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pe3g7/', 'The big perspective shift for people is if someone here can post the statistics for when the banks, large traders, and companies dumped their shares during the market’s many crashes. I want to see how much of the loss is retail.', '1cfipv0'], ['u/cranialrectumongus', 457, '2024-04-29 00:26', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pe4bf/', 'Yes, and as John Menard Keynes once said "In the long run we are all dead,. "', '1cfipv0'], ['u/cranialrectumongus', 14, '2024-04-29 00:28', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pehqb/', 'I believe that Mr. Keynes just entered the chat.', '1cfipv0'], ['u/Meanie_Cream_Cake', 62, '2024-04-29 00:29', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pel7d/', "This line of thinking doesn't work with trading options.\n\nYou need to know when to dip out and when to buy back in.", '1cfipv0'], ['u/Individual-Point-606', 1691, '2024-04-29 00:34', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pfa0e/', "There's actually an explanation why the SnP500 keeps going up for decades: it keeps adding profitable big companies and let em go wen they become unprofitable . So basically they rebalance the thing to have the best businesses there, ofc other external factors (rates, wars, covid,etc) play a role", '1cfipv0'], ['u/miners915tx', 11, '2024-04-29 00:34', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pfaee/', "I know this us r/wallstreetbets and not some r/investing sub but what about leaps? Yes you're paying a ton for any contracts ITM but I'd guess its about as safe as anything out there...even calls on spy at the beginning of covid turned a profit a year or less agmfter the initial draw down", '1cfipv0'], ['u/neutralpoliticsbot', 704, '2024-04-29 00:36', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pfm60/', 'bingo S&P constantly adjusting and changing 75% of S&P is different from 15 years ago.', '1cfipv0'], ['u/gnocchicotti', 38, '2024-04-29 00:37', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pfsx1/', 'The market always goes up the day after your calls expire. The sooner you accept this the better', '1cfipv0'], ['u/klauskinski79', 39, '2024-04-29 00:37', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pftu6/', "Let me provide a picture of the Japanese stockmarket. Adjusted for inflation it's far below where it was 35 years ago\n\nhttps://www.marketwatch.com/investing/index/nik?countrycode=jp", '1cfipv0'], ['u/Zajebanii', 46, '2024-04-29 00:37', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pfurd/', 'There’s like 200 stocks delisted every year. You still have to pick good companies and monitor their growth', '1cfipv0'], ['u/BlindSquirrelCapital', 317, '2024-04-29 00:39', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pg1cr/', "They thought the same thing about the Nikkei in the late 80's when Japan was supposed to overtake America as an economic powerhouse. At then end of the day it boils down to technology, productivity and demographics over the long term. Luckily the US over the past 200 years has been blessed with all of these things together with an abundance of natural resources. Will the next decade or the next 50 years yield the same results? I think so and hope so but nothing is guaranteed for any market or country, especially given our debt levels.", '1cfipv0'], ['u/HaveFunWillTravel69', 11, '2024-04-29 00:40', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pg7ss/', 'Oh honey. Your asshole is going to be so raw after this week destroys you. Get sone KY Jelly before open.', '1cfipv0'], ['u/ApplicationJunior832', 23, '2024-04-29 00:41', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pgc1i/', "Also because the world's economy has been overall growing over the last several decades, along with inflation and money supply. Money has to go somewhere, and lots get to the stock markets.\nHard to make predictions for the decades to come, let's just hope it keeps going like this", '1cfipv0'], ['u/Individual-Point-606', 670, '2024-04-29 00:44', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pgsop/', 'SnP is like the playboy mansion: wen tits begin losing to gravity they are invited to leave.', '1cfipv0'], ['u/Acrobatic_Feel', 14, '2024-04-29 00:46', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1ph5m0/', 'So only the Mag 7, got it 👍', '1cfipv0'], ['u/No_Difficulty_3116', 34, '2024-04-29 00:46', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1ph5pk/', 'Sometimes you have to wait 10 years before talking again about gains. the current graph looks too hyped up and every finfluencer screams that every regard should throw his money also in just any index. But im too regarded too wait for a bigger crash/correction', '1cfipv0'], ['u/JustmeandJas', 14, '2024-04-29 00:47', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1ph89g/', 'Survival of the fittest', '1cfipv0'], ['u/Meanie_Cream_Cake', 23, '2024-04-29 00:49', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1phmkg/', "Two reasons why LEAPS are also not safe: Theta decay and the markets in a prolonged downturn.\n\nYour LEAPS won't be worth as much (or become worthless) if the markets are red for a long time. That's why you plan a stop-loss and get the eff out if things don't look right.", '1cfipv0'], ['u/DeliriousPrecarious', 28, '2024-04-29 00:52', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1pi2qt/', 'Ok. Japan didn’t have people. That’s the difference.', '1cfipv0'], ['u/BlindSquirrelCapital', 30, '2024-04-29 00:54', 'https://www.reddit.com/r/wallstreetbets/comments/1cfipv0/the_market_only_goes_up_the_sooner_you_accept/l1piagh/', 'Pick up a history book for once. The immigration that happened through the course of our history is what made this country an economic powerhouse since we had abundant labor pools with which to build the railroads, buildings and work in the factories. Japan was and still is very stringent on immigration and they have far more older people than productive younger people and thus the young are supporting a large portion of the population. The illegal immigration is a problem and a more orderly system should have been put in place years ago but to think that this country and much of its success was not built on immigrants from Ireland, China and elsewhere over the last two hundred years is just plain ignorant. Given the declining birthrates we better not fall into the same trap as Japan or we may be headed for the same outcome.', '1cfipv0'], ['u/lolfunctionspace', 21, '2024-04-29 00:56', 'https://ww... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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(NASDAQ: MSTR)Q1 2024 Earnings CallApr 29, 2024,5:00 p.m. ET\n• Prepared Remarks\n• Questions and Answers\n• Call Participants\nShirish Jajodia\nHello, everyone, and good afternoon. I am Shirish Jajodia, vice president of investor relations and treasury at MicroStrategy I\'ll be your moderator for MicroStrategy\'s 2024 first quarter earnings webinar. Before we proceed, I will read the safe harbor statement. Some of the information we provide during today\'s call regarding our future expectations, plans, and prospects may constitute forward-looking statements.\nActual results may differ materially from these forward-looking statements due to various important factors, including the risk factors discussed in our most recent 10-K file with the SEC. We assume no obligation to update these forward-looking statements which speak only as of today. Also, during today\'s call, we will refer to certain non-GAAP financial measures. Reconciliations showing GAAP versus non-GAAP results are available in our earnings release and presentation, which were issued today and are available on our website at microstrategy.com.\nBefore you buy stock in MicroStrategy, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and MicroStrategy wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!*\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*.\nSee the 10 stocks »\n*Stock Advisor returns as of April 22, 2024\nI would like to welcome you all to today\'s webinar and let you know that we will be taking questions using the Q&A feature at the bottom of your screen. You can submit questions throughout the webinar and Michael, Phong, or Andrew will answer questions at the end of the session. Please be sure to provide your name and your company\'s name when submitting your questions. Now, I\'ll walk you through the agenda for today\'s call.\nFirst, Phong Le will cover the business results and the key pillars of our strategy. Second, Andrew Kang will cover the financial results for the first quarter of 2024. Then, Michael Saylor will provide a strategic review and discuss our recent bitcoin market updates. And lastly, we will open up to Q&A.\nWith that, I will turn the call over to Phong Le, president and CEO of MicroStrategy.\nPhong Le--President and Chief Executive Officer\nThanks, Shirish. Hello, everyone. I\'d like to welcome all of you to today\'s webinar. We\'re excited to be reporting live from MicroStrategy World 2024 in Las Vegas, Nevada.\nWe have a packed agenda lined up for the next three days, and we\'re excited to see our customers, partners, analysts, shareholders, and employees, all in person to share our passion for BI, AI, bitcoin, and innovation. The business intelligence track tomorrow will feature my keynote presentation titled, "Let the Data Life Blood Flow," and we\'ll explore how to create more innovative, competitive, high-performing organizations by using AI and BI to make smart data more accessible to the frontline employees. Our chief product officer, Saurabh Abhyankar, will share the latest MicroStrategy technologies for delivering convenient, flexible, and reliable data within operational workflows, not just in dashboards, to everyone who needs it. The keynote presentation will feature guest speakers from Microsoft, Amazon Web Services, Bayer Pharmaceuticals, the U.S.\nDepartment of State, and Vuori. Throughout MicroStrategy World, more than 30 top brands, including MassMutual, Pfizer, Fannie Mae, Victoria\'s Secret, and NBC Universal, will present how they use the MicroStrategy platform, gen AI, and the cloud to become truly data-driven businesses. The Bitcoin for Corporations track on Wednesday and Thursday will feature notable institutions and industry luminaries, highlighting the advantages of integrating bitcoin as a part of their corporate treasury and product offerings. It will be a unique gathering of corporations that are already adopting or looking to adopt bitcoin strategies.\nAnd we are very excited to host this event. Also, for the first time, we will live stream our world keynote, as well as all the Bitcoin for Corporation sessions. For those of you attending the conference here in Las Vegas, we look forward to seeing you in person. Turning to the business highlights for Q1 2024, MicroStrategy remains the largest corporate holder of bitcoin in the world, now holding 214,400 bitcoin, with a total bitcoin market value of $14 billion as of yesterday.\nSince December 31st, 2023, we acquired an additional 25,250 bitcoin for a total purchase cost of $1.6 billion, an average price of $65,232. This past quarter, the price of bitcoin appreciated significantly, spurred notably by the approval of the spot bitcoin exchange-traded products or ETPs, which has drawn considerable institutional attention. We believe the introduction of spot bitcoin ETPs further evidences the maturation of bitcoin as an institutional grade asset class with broader regulatory recognition and institutional adoption. We remain highly committed to our bitcoin strategy with a long-term focus.\nAndrew will provide further details on our bitcoin purchase activity for this quarter. MicroStrategy is also positioned as the world\'s largest independent publicly traded business intelligence company. Our objective is to grow in AI and cloud-powered BI software. We have over 1,800 employees focused on our software business, devoted to achieving our vision of intelligence everywhere.\nIn the first quarter of 2024, we continue to shift toward -- we continued our shift toward our cloud offering, resulting in subscription services revenues of $23 million, an increase of 22% year over year. A strong growth in our subscription services revenue was driven by both existing customer migrations to the cloud and new customer needs. Our customer renewal rate continues to remain high, and our subscription billing has remained strong. Overall, we continue to see further global adoption of our cloud platform as a result of transitioning our business strategy and product offerings from an on-prem perpetual license software company to a cloud native organization.\nOur key strategic goals in 2024 are to grow cloud, innovate with AI, and increase profitability. Customers can benefit from a range of innovative first-to-market AI powered functionality powered by the Azure OpenAI LLM. Capabilities include: Auto SQL, which allows users to generate SQL using natural language; Auto Dashboard, which allows natural language generation and new visualizations; Auto Answers, which allows customers to ask questions of their data sets and dashboards; Auto Expert, which allows users to ask questions of our MicroStrategy knowledge base and log support tickets on our website; and our Custom Auto Bot, which enables end users to access BI insights from within a custom bot, stand-alone, or embedded in any application. We also just launched Auto Express, which offers a simple way to trial our AI capabilities in minutes.\nIn April, MicroStrategy ONE became available on Google Cloud marketplace, in addition to prior deployments on Azure and AWS, allowing enterprises to easily find and deploy this cloud-native platform. Additionally, we expect to provide the ability to deploy MicroStrategy in a private cloud later this year. This will distinguish us from other BI platforms with the flexibility and automation that enterprise customers desire. We believe such investment and capability will encourage current on-prem customers to embrace the benefits of MicroStrategy, clouds such as containerized architecture, proactive cloud management from experts, seamless backups, and single-click updates.\nTransitioning our customer base to the technology of the future remains a key focus, and our resource deployment underscores our commitment to the cloud-first approach. As customers and prospects move to the cloud to empower their AI-driven digital transformations, we expect to see a continued decrease in product license revenues, which will in part be offset by increases in subscription services revenues. This will be most pronounced in the balance of 2024. This may result in a decrease in total recognized revenue in the short term.\nBut in the long run, we expect it to be more than offset by increases in subscription services revenue. Additional benefits include more engaged customers using our very latest software, higher retention rates, and ultimately more recurring revenues. As we discussed last quarter, MicroStrategy considers itself to be the world\'s first bitcoin development company. We are a publicly traded operating company committed to the continued development of the bitcoin network through our activities in the financial markets, advocacy, and technology innovation.\nAs an operating business, we are able to use cash flows, as well as proceeds from equity and debt financing, to accumulate bitcoin, which serves as our primary treasury reserve asset. We also bring our enterprise analytics software development capabilities to develop bitcoin applications. We believe that the combination of our operating structure, bitcoin strategy, and focus on technology innovation provides a unique opportunity for value creation. Being an operating company, our software technology business remains our core revenue and cash flow generator.\nIn addition, it also enables us to acquire bitcoin through the use of excess cash or proceeds from equity capital raises or corporate debt capital raises. These capital market l **Last 60 Days of Bitcoin's Closing Prices:** [62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-04-30 **Financial & Commodity Data:** - Gold Closing Price: $2291.40 - Crude Oil Closing Price: $81.93 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,249,108,692,525 - Hash Rate: 617535316.5382024 - Transaction Count: 498085.0 - Unique Addresses: 635509.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.67 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A look at the day ahead in U.S. and global markets from Mike Dolan Has the "Magnificent Seven" become the "Famous Five" or even "Fab Four"? With one eye on the major macro events of the week, Apple and Tesla's separation from this year's tech-infused stock market buoyancy and their underperformance against the other "Magnificent Seven" megacaps has become more pointed. Apple's stock was down almost 2% again ahead of Tuesday's bell after news that iPhone sales in China fell 24% year-on-year in the first six weeks of 2024 - as the U.S. giant faces increased competition from domestic rivals such as Huawei. And it has been a bad week already for Apple, which dropped 3% on Monday after the European Union fined it 1.84 billion euros ($2 billion) for thwarting competition from music streaming rivals via curbs on its App Store. It was the iPhone maker's first ever penalty for breaching EU rules. Apple is now down almost 10% for the year to date - underperforming the Nasdaq 100 and S&P500 by about 16%. And even though it is still up 15% over the past 12 months, that's less than a third the gain of the Nasdaq 100. Tesla's stock woes are even deeper as it faces waning demand for electric vehicles and a price war, with its stock now down almost 25% for 2024. It dropped more than 7% on Monday alone after its sales declined in February in China, where it likely faced a slowdown during the Lunar New Year holidays. With artificial intelligence and related chipmaking the buzz of the year, Google-parent Alphabet has not fared much better - and is down almost 5% for the year. With even the equal-weighted S&P500 up 4% this year, the underperformance is notable. Exposure to China's stumbling economy, the geopolitical standoff between Washington and Beijing and this year U.S. elections may be common factors. China's mainland stocks edged higher on Tuesday after Chinese Premier Li Qiang announced an ambitious 2024 economic growth target of around 5% on Tuesday, promising steps to transform the country's development model and defuse risks fuelled by bankrupt property developers and indebted cities. But with property and tech sector worries smouldering in the background, Hong Kong's Hang Seng were less impressed - sliding 2.6% and with its tech giants tumbling 4.3%. Details of Tuesday's National People's Congress plan showed China will boost defence spending by 7.2% this year, fuelling a military budget that has more than doubled under President Xi Jinping's 11 years in office as Beijing hardens its stance on Taiwan. Back on Wall St, politics was also top of mind on "Super Tuesday". Donald Trump won the North Dakota Republican presidential caucuses on Monday, according to projections, ahead of a slew of contests where he is expected to strengthen his grip on the party's presidential nomination. Trump, who has promised universal 10% import tariffs and bilateral trade tariffs of 60% on China's goods if elected, was handed a major victory on Monday as the U.S. Supreme Court barred states from disqualifying candidates under a constitutional provision involving insurrection. That reversed Colorado's exclusion of him from its ballot. Elsewhere, bitcoin's almost 60% charge higher this year seemed to stumble at the final hurdle on Tuesday as it balked at 2021's record high near $69,000 and turned tail. Microstrategy fell almost 9% after the bitcoin development company announced a private offering for $600 million in convertible senior notes, with proceeds to be used to buy bitcoin. More broadly, S&P 500 and Nasdaq futures were in the red again after a dour start to the week. Advanced Micro Devices was off about 3% after a report that the chipmaker hit a U.S. government roadblock in its efforts to sell an AI chip tailored for the Chinese market. With Wednesday's congressional testimony from Federal Reserve chair Jerome Powell now firmly in view, U.S. Treasury yields were calm and the dollar index was steady. Key diary items that may provide direction to U.S. markets later on Tuesday: * U.S. Feb service sector surveys from ISM and S&P Global, Jan factory goods orders * Federal Reserve Vice Chair for Supervision Michael Barr speaks * U.S. Treasury auctions 3-, 6-month bills * U.S. corp earnings: Target, Crowdstrike, Greenlight Capital, Ross Stores (By Mike Dolan, editing by Ed Osmond, [email protected])... - Reddit Posts (Sample): [['u/General_Station_2474', 'Most haunted places in Chula Vista?', 13, '2024-04-30 00:11', 'https://www.reddit.com/r/chulavista/comments/1cgc3kx/most_haunted_places_in_chula_vista/', '\nHey!\n\nWe are Raven and the Dark Shadows, a rock band out of Miami Beach, Florida. \n\nWe are coming touring North America and Europe in July for a small tour that culminates in the first musical performance at the Catacombs since 1897 as part of the 2024 Paris Olympic Opening Ceremonies. \n\nLeading up to our historic performance, we are looking to have concerts in unique, out of the box spaces. Something like a barn, former church, dungeon, castle, ruin, field, or classic dive bar would work wonderfully. We will be filming both music video and documentary footage in these places.\n\nSince Reddit has always been a great forum for us to find places we are wondering if you guys had any suggested small venues that could work for a small performance. We also were wondering if anyone here would like to help out and be extras in the film (we have extra masks). If interested in being an extra, please send a PM.\n\nFor those of you not aware of our music, check us on Spotify (we are on Apple and YouTube as well)\n\nhttps://open.spotify.com/track/4RjbTc4D5mD4yJ1uCpIwgW?si=H20phUXfS-qK-3RmUq4Rpg', 'https://www.reddit.com/r/chulavista/comments/1cgc3kx/most_haunted_places_in_chula_vista/', '1cgc3kx', [['u/Da_Floydsta', 10, '2024-04-30 01:19', 'https://www.reddit.com/r/chulavista/comments/1cgc3kx/most_haunted_places_in_chula_vista/l1uzur7/', 'amphitheater at memorial park', '1cgc3kx'], ['u/Specific_Woodpecker1', 12, '2024-04-30 02:12', 'https://www.reddit.com/r/chulavista/comments/1cgc3kx/most_haunted_places_in_chula_vista/l1v7qdk/', 'whaley house in old town. or drive out to proctor valley road', '1cgc3kx']]], ['u/MoonWeek', 'Moon Week 48 and the return of governance flair icons', 11, '2024-04-30 00:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1cgcwyi/moon_week_48_and_the_return_of_governance_flair/', "Hello everyone and welcome to Moon Week for round 48 of Moons! For more information about Moons, please [see our wiki page here](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki).\n\nWe are using Snapshot for voting directly with the Moon balance in your wallet, in a transparent and open manner. For now all Moons held in self-hosted wallets at the time of poll creation will be eligible to vote, so if you are holding Moons on an exchange, the telegram TipBot or in a wallet that you are not comfortable connecting to snapshot then please be sure to transfer your Moons to a self-hosted wallet that you are comfortable connecting to snapshot before each Moon Week. You can [see our schedule here](https://calendar.google.com/calendar/embed?src=i0e5as6q033nruqck5c9nfk24k%40group.calendar.google.com).\n\nTo give exposure to our governance polls for the month, this Moon Week post will remain pinned to the top of the subreddit until the distribution post next Wednesday. **Please review the following important information first:**\n\n* Successful polls are implemented whenever the responsible party has a chance to do it. Usually this is within days or weeks of the poll passing, but depends on workload, priorities, and complexity of implementation. You can look at implementation status on [the CCIP list.](https://docs.google.com/spreadsheets/d/1LhhqB4UAezNMdAwjV3evFXPD2x1JFCFHdnm8rmyRqAE/edit?usp=sharing).\n\n# Updates\n\n* Today we are [bringing back the governance flair icon](https://www.reddit.com/r/CryptoCurrency/comments/1cgcu3y/moons_update_the_return_of_governance_flair_icons/) for users who vote on polls. \n* 3 weeks ago, we [relaunched u/MOON2gas, our Moons gas bot](https://www.reddit.com/r/CryptoCurrencyMoons/comments/1c0x4hz/moons_update_the_return_of_the_gasbot_moon2gas/).\n\n\n# Governance Polls\n\nHere's your poll(s) for this round of Moons. You can view [the full CCIP list here](https://docs.google.com/spreadsheets/d/1LhhqB4UAezNMdAwjV3evFXPD2x1JFCFHdnm8rmyRqAE/edit?usp=sharing).\n\n* [CCIP-086 - Proposal to abandon Marshall Islands incorporation for MOON DAO at least for some time](https://www.reddit.com/r/CryptoCurrency/comments/1cgc6lu/ccip086_proposal_to_abandon_marshall_islands/) ([Snapshot direct link](https://snapshot.org/#/cryptomods.eth/proposal/0x1228fab4ca7e5774540711e499f7c8794b7dac2fd618dcd268d822abb84b6f87~~~~))\n\n\n# Previous Polls and results\n\n* Passed - [CCIP-083 - Clarify Rules for Sponsored Polls](https://www.reddit.com/r/CryptoCurrency/comments/1btbvij/ccip083_clarify_rules_for_sponsored_polls/) ([Snapshot direct link](https://snapshot.org/#/cryptomods.eth/proposal/0x05d69dd00591c4015ef8ddffb152038a6e5d6feed84728c58117a055129a1a1e))\n* Passed - [CCIP-084 - Clarify CCIP-069 and remove Sponsored Posts after six hours](https://www.reddit.com/r/CryptoCurrency/comments/1btc0os/ccip084_clarify_ccip069_and_remove_sponsored/) ([Snapshot direct link](https://snapshot.org/#/cryptomods.eth/proposal/0x20b940488fd6f91392d5592feb2def80ab7ccde1cf5cb1f9e79ece900f716733))\n* Passed - [CCIP-085 - Drop base pricing for both events and banners by 50%](https://www.reddit.com/r/CryptoCurrency/comments/1btdtbb/ccip085_drop_base_pricing_for_both_events_and/) ([Snapshot direct link](https://snapshot.org/#/cryptomods.eth/proposal/0xfc443750e1351fa996461478f698a0682727849b29c17a251a5f4ef2bfaa630b))\n\nThank you for reading and happy voting!", 'https://www.reddit.com/r/CryptoCurrency/comments/1cgcwyi/moon_week_48_and_the_return_of_governance_flair/', '1cgcwyi', [['u/GabeSter', 10, '2024-04-30 00:46', 'https://www.reddit.com/r/CryptoCurrency/comments/1cgcwyi/moon_week_48_and_the_return_of_governance_flair/l1uuv0y/', "Let's test this. Just voted.", '1cgcwyi']]], ['u/cryptosniper88', 'Chef Curry is about to 10x[DEX ads live and huge caller in 2 hours]', 29, '2024-04-30 01:20', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/', 'Chef Curry has so many big things on the way. We had a slight dip today but are already making a strong recovery. I could not be more bullish right now with Solana and bitcoin recovering it will draw more money into memecoins causing a pump. We also are currently running DEX ads and have an absolutely huge caller lined up. Don’t miss out while it’s still cheap!!', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/', '1cgdr30', [['u/No_Butterfly4325', 12, '2024-04-30 01:22', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/l1v0bqz/', 'LFG what a fucking community, best coin this bull market', '1cgdr30'], ['u/ObjectiveOk8173', 10, '2024-04-30 01:23', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/l1v0czn/', 'Yo this shit is addictive 😍', '1cgdr30'], ['u/Swoftz', 11, '2024-04-30 01:23', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/l1v0gwd/', 'Been in $chef since the beginning. Best goddam team and community by a long shot', '1cgdr30'], ['u/Excellent-Weekend841', 10, '2024-04-30 01:23', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/l1v0h1x/', 'CHEF COOK WE EAT', '1cgdr30'], ['u/cryptosniper88', 12, '2024-04-30 01:23', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/l1v0hpv/', 'Yep seeing my money go up every single day in chef feels great!', '1cgdr30'], ['u/cryptosniper88', 11, '2024-04-30 01:24', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/l1v0iox/', 'Strongest community I’ve been in for sure', '1cgdr30']]], ['u/Rooksteady', 'CHINA WHY?', 122, '2024-04-30 01:27', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/', "Pretty excited about all this btc stuff. Any takes on why China won't let mainlanders participate? Would it divert money from their stock market ? Is that why?", 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/', '1cgdwhh', [['u/Glimmertwinsfan1962', 112, '2024-04-30 01:30', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v1jee/', 'Loss of control. The government wants to control most aspects of their citizens lives. And that’s not limited to China.', '1cgdwhh'], ['u/Grunblau', 141, '2024-04-30 01:31', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v1o8u/', 'They would rather their citizens buy gold and silver… Easier to confiscate when the time comes.', '1cgdwhh'], ['u/one_way_ticketz', 116, '2024-04-30 01:42', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v395d/', "It's an authoritarian regime.", '1cgdwhh'], ['u/Bongressman', 12, '2024-04-30 01:46', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v3vwa/', "Honk Konf retail can't either, only registered investors and institutions. Flows will be pretty small. US BTC ETFs do more volume than every Hong Kong ETF combined.\n\nThe ecosystem is pretty small.", '1cgdwhh'], ['u/R3dFiveStandingBye', 27, '2024-04-30 01:55', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v58zb/', 'China is like mostly real estate when I comes to wealth, it really props up the economy and has caused issues recently with too much buildings for too little people, im guessing it’s for control and not to divert any money from the real estate bubble they’ve created', '1cgdwhh'], ['u/Strokesite', 178, '2024-04-30 01:58', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v5mgn/', 'The wealthy in China are looking to offshore their wealth as much as possible. The government wants to prevent that.', '1cgdwhh'], ['u/jrafelson', 18, '2024-04-30 01:58', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v5mmd/', 'Cuz the whole no freedom thing', '1cgdwhh'], ['u/R3dFiveStandingBye', 15... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78
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:** ['MicroStrategy(NASDAQ: MSTR)Q1 2024 Earnings CallApr 29, 2024,5:00 p.m. ET\n• Prepared Remarks\n• Questions and Answers\n• Call Participants\nShirish Jajodia\nHello, everyone, and good afternoon. I am Shirish Jajodia, vice president of investor relations and treasury at MicroStrategy I\'ll be your moderator for MicroStrategy\'s 2024 first quarter earnings webinar. Before we proceed, I will read the safe harbor statement. Some of the information we provide during today\'s call regarding our future expectations, plans, and prospects may constitute forward-looking statements.\nActual results may differ materially from these forward-looking statements due to various important factors, including the risk factors discussed in our most recent 10-K file with the SEC. We assume no obligation to update these forward-looking statements which speak only as of today. Also, during today\'s call, we will refer to certain non-GAAP financial measures. Reconciliations showing GAAP versus non-GAAP results are available in our earnings release and presentation, which were issued today and are available on our website at microstrategy.com.\nBefore you buy stock in MicroStrategy, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and MicroStrategy wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $537,557!*\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*.\nSee the 10 stocks »\n*Stock Advisor returns as of April 22, 2024\nI would like to welcome you all to today\'s webinar and let you know that we will be taking questions using the Q&A feature at the bottom of your screen. You can submit questions throughout the webinar and Michael, Phong, or Andrew will answer questions at the end of the session. Please be sure to provide your name and your company\'s name when submitting your questions. Now, I\'ll walk you through the agenda for today\'s call.\nFirst, Phong Le will cover the business results and the key pillars of our strategy. Second, Andrew Kang will cover the financial results for the first quarter of 2024. Then, Michael Saylor will provide a strategic review and discuss our recent bitcoin market updates. And lastly, we will open up to Q&A.\nWith that, I will turn the call over to Phong Le, president and CEO of MicroStrategy.\nPhong Le--President and Chief Executive Officer\nThanks, Shirish. Hello, everyone. I\'d like to welcome all of you to today\'s webinar. We\'re excited to be reporting live from MicroStrategy World 2024 in Las Vegas, Nevada.\nWe have a packed agenda lined up for the next three days, and we\'re excited to see our customers, partners, analysts, shareholders, and employees, all in person to share our passion for BI, AI, bitcoin, and innovation. The business intelligence track tomorrow will feature my keynote presentation titled, "Let the Data Life Blood Flow," and we\'ll explore how to create more innovative, competitive, high-performing organizations by using AI and BI to make smart data more accessible to the frontline employees. Our chief product officer, Saurabh Abhyankar, will share the latest MicroStrategy technologies for delivering convenient, flexible, and reliable data within operational workflows, not just in dashboards, to everyone who needs it. The keynote presentation will feature guest speakers from Microsoft, Amazon Web Services, Bayer Pharmaceuticals, the U.S.\nDepartment of State, and Vuori. Throughout MicroStrategy World, more than 30 top brands, including MassMutual, Pfizer, Fannie Mae, Victoria\'s Secret, and NBC Universal, will present how they use the MicroStrategy platform, gen AI, and the cloud to become truly data-driven businesses. The Bitcoin for Corporations track on Wednesday and Thursday will feature notable institutions and industry luminaries, highlighting the advantages of integrating bitcoin as a part of their corporate treasury and product offerings. It will be a unique gathering of corporations that are already adopting or looking to adopt bitcoin strategies.\nAnd we are very excited to host this event. Also, for the first time, we will live stream our world keynote, as well as all the Bitcoin for Corporation sessions. For those of you attending the conference here in Las Vegas, we look forward to seeing you in person. Turning to the business highlights for Q1 2024, MicroStrategy remains the largest corporate holder of bitcoin in the world, now holding 214,400 bitcoin, with a total bitcoin market value of $14 billion as of yesterday.\nSince December 31st, 2023, we acquired an additional 25,250 bitcoin for a total purchase cost of $1.6 billion, an average price of $65,232. This past quarter, the price of bitcoin appreciated significantly, spurred notably by the approval of the spot bitcoin exchange-traded products or ETPs, which has drawn considerable institutional attention. We believe the introduction of spot bitcoin ETPs further evidences the maturation of bitcoin as an institutional grade asset class with broader regulatory recognition and institutional adoption. We remain highly committed to our bitcoin strategy with a long-term focus.\nAndrew will provide further details on our bitcoin purchase activity for this quarter. MicroStrategy is also positioned as the world\'s largest independent publicly traded business intelligence company. Our objective is to grow in AI and cloud-powered BI software. We have over 1,800 employees focused on our software business, devoted to achieving our vision of intelligence everywhere.\nIn the first quarter of 2024, we continue to shift toward -- we continued our shift toward our cloud offering, resulting in subscription services revenues of $23 million, an increase of 22% year over year. A strong growth in our subscription services revenue was driven by both existing customer migrations to the cloud and new customer needs. Our customer renewal rate continues to remain high, and our subscription billing has remained strong. Overall, we continue to see further global adoption of our cloud platform as a result of transitioning our business strategy and product offerings from an on-prem perpetual license software company to a cloud native organization.\nOur key strategic goals in 2024 are to grow cloud, innovate with AI, and increase profitability. Customers can benefit from a range of innovative first-to-market AI powered functionality powered by the Azure OpenAI LLM. Capabilities include: Auto SQL, which allows users to generate SQL using natural language; Auto Dashboard, which allows natural language generation and new visualizations; Auto Answers, which allows customers to ask questions of their data sets and dashboards; Auto Expert, which allows users to ask questions of our MicroStrategy knowledge base and log support tickets on our website; and our Custom Auto Bot, which enables end users to access BI insights from within a custom bot, stand-alone, or embedded in any application. We also just launched Auto Express, which offers a simple way to trial our AI capabilities in minutes.\nIn April, MicroStrategy ONE became available on Google Cloud marketplace, in addition to prior deployments on Azure and AWS, allowing enterprises to easily find and deploy this cloud-native platform. Additionally, we expect to provide the ability to deploy MicroStrategy in a private cloud later this year. This will distinguish us from other BI platforms with the flexibility and automation that enterprise customers desire. We believe such investment and capability will encourage current on-prem customers to embrace the benefits of MicroStrategy, clouds such as containerized architecture, proactive cloud management from experts, seamless backups, and single-click updates.\nTransitioning our customer base to the technology of the future remains a key focus, and our resource deployment underscores our commitment to the cloud-first approach. As customers and prospects move to the cloud to empower their AI-driven digital transformations, we expect to see a continued decrease in product license revenues, which will in part be offset by increases in subscription services revenues. This will be most pronounced in the balance of 2024. This may result in a decrease in total recognized revenue in the short term.\nBut in the long run, we expect it to be more than offset by increases in subscription services revenue. Additional benefits include more engaged customers using our very latest software, higher retention rates, and ultimately more recurring revenues. As we discussed last quarter, MicroStrategy considers itself to be the world\'s first bitcoin development company. We are a publicly traded operating company committed to the continued development of the bitcoin network through our activities in the financial markets, advocacy, and technology innovation.\nAs an operating business, we are able to use cash flows, as well as proceeds from equity and debt financing, to accumulate bitcoin, which serves as our primary treasury reserve asset. We also bring our enterprise analytics software development capabilities to develop bitcoin applications. We believe that the combination of our operating structure, bitcoin strategy, and focus on technology innovation provides a unique opportunity for value creation. Being an operating company, our software technology business remains our core revenue and cash flow generator.\nIn addition, it also enables us to acquire bitcoin through the use of excess cash or proceeds from equity capital raises or corporate debt capital raises. These capital market l **Last 60 Days of Bitcoin's Closing Prices:** [62440.63, 62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-04-30 **Financial & Commodity Data:** - Gold Closing Price: $2291.40 - Crude Oil Closing Price: $81.93 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,249,108,692,525 - Hash Rate: 617535316.5382024 - Transaction Count: 498085.0 - Unique Addresses: 635509.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.67 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A look at the day ahead in U.S. and global markets from Mike Dolan Has the "Magnificent Seven" become the "Famous Five" or even "Fab Four"? With one eye on the major macro events of the week, Apple and Tesla's separation from this year's tech-infused stock market buoyancy and their underperformance against the other "Magnificent Seven" megacaps has become more pointed. Apple's stock was down almost 2% again ahead of Tuesday's bell after news that iPhone sales in China fell 24% year-on-year in the first six weeks of 2024 - as the U.S. giant faces increased competition from domestic rivals such as Huawei. And it has been a bad week already for Apple, which dropped 3% on Monday after the European Union fined it 1.84 billion euros ($2 billion) for thwarting competition from music streaming rivals via curbs on its App Store. It was the iPhone maker's first ever penalty for breaching EU rules. Apple is now down almost 10% for the year to date - underperforming the Nasdaq 100 and S&P500 by about 16%. And even though it is still up 15% over the past 12 months, that's less than a third the gain of the Nasdaq 100. Tesla's stock woes are even deeper as it faces waning demand for electric vehicles and a price war, with its stock now down almost 25% for 2024. It dropped more than 7% on Monday alone after its sales declined in February in China, where it likely faced a slowdown during the Lunar New Year holidays. With artificial intelligence and related chipmaking the buzz of the year, Google-parent Alphabet has not fared much better - and is down almost 5% for the year. With even the equal-weighted S&P500 up 4% this year, the underperformance is notable. Exposure to China's stumbling economy, the geopolitical standoff between Washington and Beijing and this year U.S. elections may be common factors. China's mainland stocks edged higher on Tuesday after Chinese Premier Li Qiang announced an ambitious 2024 economic growth target of around 5% on Tuesday, promising steps to transform the country's development model and defuse risks fuelled by bankrupt property developers and indebted cities. But with property and tech sector worries smouldering in the background, Hong Kong's Hang Seng were less impressed - sliding 2.6% and with its tech giants tumbling 4.3%. Details of Tuesday's National People's Congress plan showed China will boost defence spending by 7.2% this year, fuelling a military budget that has more than doubled under President Xi Jinping's 11 years in office as Beijing hardens its stance on Taiwan. Back on Wall St, politics was also top of mind on "Super Tuesday". Donald Trump won the North Dakota Republican presidential caucuses on Monday, according to projections, ahead of a slew of contests where he is expected to strengthen his grip on the party's presidential nomination. Trump, who has promised universal 10% import tariffs and bilateral trade tariffs of 60% on China's goods if elected, was handed a major victory on Monday as the U.S. Supreme Court barred states from disqualifying candidates under a constitutional provision involving insurrection. That reversed Colorado's exclusion of him from its ballot. Elsewhere, bitcoin's almost 60% charge higher this year seemed to stumble at the final hurdle on Tuesday as it balked at 2021's record high near $69,000 and turned tail. Microstrategy fell almost 9% after the bitcoin development company announced a private offering for $600 million in convertible senior notes, with proceeds to be used to buy bitcoin. More broadly, S&P 500 and Nasdaq futures were in the red again after a dour start to the week. Advanced Micro Devices was off about 3% after a report that the chipmaker hit a U.S. government roadblock in its efforts to sell an AI chip tailored for the Chinese market. With Wednesday's congressional testimony from Federal Reserve chair Jerome Powell now firmly in view, U.S. Treasury yields were calm and the dollar index was steady. Key diary items that may provide direction to U.S. markets later on Tuesday: * U.S. Feb service sector surveys from ISM and S&P Global, Jan factory goods orders * Federal Reserve Vice Chair for Supervision Michael Barr speaks * U.S. Treasury auctions 3-, 6-month bills * U.S. corp earnings: Target, Crowdstrike, Greenlight Capital, Ross Stores (By Mike Dolan, editing by Ed Osmond, [email protected])... - Reddit Posts (Sample): [['u/General_Station_2474', 'Most haunted places in Chula Vista?', 13, '2024-04-30 00:11', 'https://www.reddit.com/r/chulavista/comments/1cgc3kx/most_haunted_places_in_chula_vista/', '\nHey!\n\nWe are Raven and the Dark Shadows, a rock band out of Miami Beach, Florida. \n\nWe are coming touring North America and Europe in July for a small tour that culminates in the first musical performance at the Catacombs since 1897 as part of the 2024 Paris Olympic Opening Ceremonies. \n\nLeading up to our historic performance, we are looking to have concerts in unique, out of the box spaces. Something like a barn, former church, dungeon, castle, ruin, field, or classic dive bar would work wonderfully. We will be filming both music video and documentary footage in these places.\n\nSince Reddit has always been a great forum for us to find places we are wondering if you guys had any suggested small venues that could work for a small performance. We also were wondering if anyone here would like to help out and be extras in the film (we have extra masks). If interested in being an extra, please send a PM.\n\nFor those of you not aware of our music, check us on Spotify (we are on Apple and YouTube as well)\n\nhttps://open.spotify.com/track/4RjbTc4D5mD4yJ1uCpIwgW?si=H20phUXfS-qK-3RmUq4Rpg', 'https://www.reddit.com/r/chulavista/comments/1cgc3kx/most_haunted_places_in_chula_vista/', '1cgc3kx', [['u/Da_Floydsta', 10, '2024-04-30 01:19', 'https://www.reddit.com/r/chulavista/comments/1cgc3kx/most_haunted_places_in_chula_vista/l1uzur7/', 'amphitheater at memorial park', '1cgc3kx'], ['u/Specific_Woodpecker1', 12, '2024-04-30 02:12', 'https://www.reddit.com/r/chulavista/comments/1cgc3kx/most_haunted_places_in_chula_vista/l1v7qdk/', 'whaley house in old town. or drive out to proctor valley road', '1cgc3kx']]], ['u/MoonWeek', 'Moon Week 48 and the return of governance flair icons', 11, '2024-04-30 00:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1cgcwyi/moon_week_48_and_the_return_of_governance_flair/', "Hello everyone and welcome to Moon Week for round 48 of Moons! For more information about Moons, please [see our wiki page here](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki).\n\nWe are using Snapshot for voting directly with the Moon balance in your wallet, in a transparent and open manner. For now all Moons held in self-hosted wallets at the time of poll creation will be eligible to vote, so if you are holding Moons on an exchange, the telegram TipBot or in a wallet that you are not comfortable connecting to snapshot then please be sure to transfer your Moons to a self-hosted wallet that you are comfortable connecting to snapshot before each Moon Week. You can [see our schedule here](https://calendar.google.com/calendar/embed?src=i0e5as6q033nruqck5c9nfk24k%40group.calendar.google.com).\n\nTo give exposure to our governance polls for the month, this Moon Week post will remain pinned to the top of the subreddit until the distribution post next Wednesday. **Please review the following important information first:**\n\n* Successful polls are implemented whenever the responsible party has a chance to do it. Usually this is within days or weeks of the poll passing, but depends on workload, priorities, and complexity of implementation. You can look at implementation status on [the CCIP list.](https://docs.google.com/spreadsheets/d/1LhhqB4UAezNMdAwjV3evFXPD2x1JFCFHdnm8rmyRqAE/edit?usp=sharing).\n\n# Updates\n\n* Today we are [bringing back the governance flair icon](https://www.reddit.com/r/CryptoCurrency/comments/1cgcu3y/moons_update_the_return_of_governance_flair_icons/) for users who vote on polls. \n* 3 weeks ago, we [relaunched u/MOON2gas, our Moons gas bot](https://www.reddit.com/r/CryptoCurrencyMoons/comments/1c0x4hz/moons_update_the_return_of_the_gasbot_moon2gas/).\n\n\n# Governance Polls\n\nHere's your poll(s) for this round of Moons. You can view [the full CCIP list here](https://docs.google.com/spreadsheets/d/1LhhqB4UAezNMdAwjV3evFXPD2x1JFCFHdnm8rmyRqAE/edit?usp=sharing).\n\n* [CCIP-086 - Proposal to abandon Marshall Islands incorporation for MOON DAO at least for some time](https://www.reddit.com/r/CryptoCurrency/comments/1cgc6lu/ccip086_proposal_to_abandon_marshall_islands/) ([Snapshot direct link](https://snapshot.org/#/cryptomods.eth/proposal/0x1228fab4ca7e5774540711e499f7c8794b7dac2fd618dcd268d822abb84b6f87~~~~))\n\n\n# Previous Polls and results\n\n* Passed - [CCIP-083 - Clarify Rules for Sponsored Polls](https://www.reddit.com/r/CryptoCurrency/comments/1btbvij/ccip083_clarify_rules_for_sponsored_polls/) ([Snapshot direct link](https://snapshot.org/#/cryptomods.eth/proposal/0x05d69dd00591c4015ef8ddffb152038a6e5d6feed84728c58117a055129a1a1e))\n* Passed - [CCIP-084 - Clarify CCIP-069 and remove Sponsored Posts after six hours](https://www.reddit.com/r/CryptoCurrency/comments/1btc0os/ccip084_clarify_ccip069_and_remove_sponsored/) ([Snapshot direct link](https://snapshot.org/#/cryptomods.eth/proposal/0x20b940488fd6f91392d5592feb2def80ab7ccde1cf5cb1f9e79ece900f716733))\n* Passed - [CCIP-085 - Drop base pricing for both events and banners by 50%](https://www.reddit.com/r/CryptoCurrency/comments/1btdtbb/ccip085_drop_base_pricing_for_both_events_and/) ([Snapshot direct link](https://snapshot.org/#/cryptomods.eth/proposal/0xfc443750e1351fa996461478f698a0682727849b29c17a251a5f4ef2bfaa630b))\n\nThank you for reading and happy voting!", 'https://www.reddit.com/r/CryptoCurrency/comments/1cgcwyi/moon_week_48_and_the_return_of_governance_flair/', '1cgcwyi', [['u/GabeSter', 10, '2024-04-30 00:46', 'https://www.reddit.com/r/CryptoCurrency/comments/1cgcwyi/moon_week_48_and_the_return_of_governance_flair/l1uuv0y/', "Let's test this. Just voted.", '1cgcwyi']]], ['u/cryptosniper88', 'Chef Curry is about to 10x[DEX ads live and huge caller in 2 hours]', 29, '2024-04-30 01:20', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/', 'Chef Curry has so many big things on the way. We had a slight dip today but are already making a strong recovery. I could not be more bullish right now with Solana and bitcoin recovering it will draw more money into memecoins causing a pump. We also are currently running DEX ads and have an absolutely huge caller lined up. Don’t miss out while it’s still cheap!!', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/', '1cgdr30', [['u/No_Butterfly4325', 12, '2024-04-30 01:22', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/l1v0bqz/', 'LFG what a fucking community, best coin this bull market', '1cgdr30'], ['u/ObjectiveOk8173', 10, '2024-04-30 01:23', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/l1v0czn/', 'Yo this shit is addictive 😍', '1cgdr30'], ['u/Swoftz', 11, '2024-04-30 01:23', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/l1v0gwd/', 'Been in $chef since the beginning. Best goddam team and community by a long shot', '1cgdr30'], ['u/Excellent-Weekend841', 10, '2024-04-30 01:23', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/l1v0h1x/', 'CHEF COOK WE EAT', '1cgdr30'], ['u/cryptosniper88', 12, '2024-04-30 01:23', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/l1v0hpv/', 'Yep seeing my money go up every single day in chef feels great!', '1cgdr30'], ['u/cryptosniper88', 11, '2024-04-30 01:24', 'https://www.reddit.com/r/SolanaMemeCoins/comments/1cgdr30/chef_curry_is_about_to_10xdex_ads_live_and_huge/l1v0iox/', 'Strongest community I’ve been in for sure', '1cgdr30']]], ['u/Rooksteady', 'CHINA WHY?', 122, '2024-04-30 01:27', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/', "Pretty excited about all this btc stuff. Any takes on why China won't let mainlanders participate? Would it divert money from their stock market ? Is that why?", 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/', '1cgdwhh', [['u/Glimmertwinsfan1962', 112, '2024-04-30 01:30', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v1jee/', 'Loss of control. The government wants to control most aspects of their citizens lives. And that’s not limited to China.', '1cgdwhh'], ['u/Grunblau', 141, '2024-04-30 01:31', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v1o8u/', 'They would rather their citizens buy gold and silver… Easier to confiscate when the time comes.', '1cgdwhh'], ['u/one_way_ticketz', 116, '2024-04-30 01:42', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v395d/', "It's an authoritarian regime.", '1cgdwhh'], ['u/Bongressman', 12, '2024-04-30 01:46', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v3vwa/', "Honk Konf retail can't either, only registered investors and institutions. Flows will be pretty small. US BTC ETFs do more volume than every Hong Kong ETF combined.\n\nThe ecosystem is pretty small.", '1cgdwhh'], ['u/R3dFiveStandingBye', 27, '2024-04-30 01:55', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v58zb/', 'China is like mostly real estate when I comes to wealth, it really props up the economy and has caused issues recently with too much buildings for too little people, im guessing it’s for control and not to divert any money from the real estate bubble they’ve created', '1cgdwhh'], ['u/Strokesite', 178, '2024-04-30 01:58', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v5mgn/', 'The wealthy in China are looking to offshore their wealth as much as possible. The government wants to prevent that.', '1cgdwhh'], ['u/jrafelson', 18, '2024-04-30 01:58', 'https://www.reddit.com/r/Bitcoin/comments/1cgdwhh/china_why/l1v5mmd/', 'Cuz the whole no freedom thing', '1cgdwhh'], ['u/R3dFiveStandingBye', 15... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['• Stocks dropped sharply as investors readjusted rate cut expectations ahead of the latest FOMC meeting.\n• The latest labor cost data added to fears of a hot economy and sticky inflation.\n• The stock decline only deepens April\'s losses, snapping a five-month streak of gains.\nUS stocks plunged on Tuesday as investors got another dose of inflationary data ahead of the Federal Reserve\'s next policy decision.\nThe benchmark S&P 500 index dropped over 1%, after quarterly labor costs came in hotter than expected. The Employee Cost Index, a measure of wages and benefits, rose 1.2% against 1% consensus, the Bureau of Labor Statistics reported.\nFor the Fed, that adds even more restraint on its ability to cut interest rates this year, and futures markets now expect onlyone rate cut in December. Investors will tune in to Fed commentary after its FOMC meeting wraps up on Wednesday.\n"The policy statement and Chair Powell\'s comments in the press conference will reiterate the Fed\'s resolve to get inflation back to their 2% target. Barring a major crisis, a rate cut looks off the table before September, and even that is less likely than it seemed a few weeks ago given recent data demonstrating a broad-based increase in prices of services, houses, and labor costs in early 2024," Bill Adams, chief economist for Comerica Bank, said in written commentary.\nThe equity decline that followed only deepened April\'s market losses, making it the first month of 2024 to end in the red. Its 3.7% decline snapped a bull run that\'s extended since November.\nMeanwhile, shares inMcDonald\'sdropped as much as 3.8%, after its earnings report missed estimates.Amazonwill publish itsquarterly resultsafter Tuesday\'s closing bell.\nAmong other notable movers,ceasefire talks between Israel and Hamassent Brent crude falling 2.6% throughout the day.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 5,035.69, down 1.57%\n• Dow Jones Industrial Average: 37,815.92, down 1.49% (-570.17 points)\n• Nasdaq Composite: 15,657.82, down 2.04%\nHere\'s what else is going on today:\n• Investors should\'be like Buffett\' and buy Applewhile the stock is cheap, Bernstein said in a note.\n• Trump Media\'sbattle against short sellers has coincided with big market gains.\n• If sentenced, Binance founder Changpeng Zhao could be therichest US inmate ever.\n• Bitcoin\'s bull rally may have come to its end, and could drop 50%, market vet predicts.\n• A rollout of Tesla\'s self-driving tech in China could earn over $2 billion by 2030, Bank of America says.\nIn commodities, bonds, and crypto:\n• Oil prices fell.West Texas Intermediatecrude oil shed 1.09% to $81.92 a barrel.Brent crude, the international benchmark, dropped 2.6% to $86.14 a barrel.\n• Goldslumped by 1.85% to $2,295.4 per ounce.\n• The 10-year Treasury yield jumped seven basis points to 4.684%.\n• Bitcoindecreased by 5.4% to $60,358.\nRead the original article onBusiness Insider', "The cryptocurrency market is experiencing a challenging day marked by continuous selling off. The total market capitalization of cryptocurrencies has declined by 5.94% in the past 24 hours and currently stands at $2.21 trillion,accordingto CoinMarketCap data. Furthermore, the Crypto Fear and Greed Index has shifted from greedy to neutral territory for the first time since January 2024.\nThe bearish trends on Tuesday are evident across the board, with every coin in the top 100 exhibiting negative performance over the past 24 hours.Cosmos (ATOM)is the best-performing token among the top 100, gaining 1.98%. This is followed byTron (TRX), which increased 0.76%.Unus Sed Leo (LEO)rounds up the top gainers in the top 100, and is up 0.23%. Most of the 100 most valuable cryptocurrencies by market capitalization are currently recording losses, withStacks (STX)being the worst performer, down 16.88% in the last 24 hours.\nBitcoin (BTC), the leading cryptocurrency, is also facing downward pressure. The coin is currently trading at around $59,897, reflecting a 6.11% loss in the past 24 hours and a 10% decrease over the last 7 days. Data from CoinGlass reveals that over the past 24 hours, more than $261 million worth of long positions in all cryptocurrencies have been liquidated. When considering short positions as well, the total liquidations amount to over $324 million.\nThe crypto market's performance is closely tied to global trends, as most international markets are also experiencing declines today. Several factors contribute to this, including concerns about the upcoming interest rate decision by the US Federal Reserve, uncertainty surrounding corporate earnings, and anticipation of significant macroeconomic events.\nInvestors are closely monitoring the Federal Reserve's stance on interest rates, with the central bank currently in the midst of a two-day monetary policy meeting. The decision and subsequent press conference are scheduled for tomorrow.\nLooking ahead, updated inflation metrics and the release of the next US jobs report will play significant roles in influencing market sentiment. Additionally, nearly 200 companies in the S&P 500 are expected to report their financial results this week. Notably, April has been the only bearish month for the S&P 500 since October 2023.", "The cryptocurrency market is experiencing a challenging day marked by continuous selling off. The total market capitalization of cryptocurrencies has declined by 5.94% in the past 24 hours and currently stands at $2.21 trillion,accordingto CoinMarketCap data. Furthermore, the Crypto Fear and Greed Index has shifted from greedy to neutral territory for the first time since January 2024.\nThe bearish trends on Tuesday are evident across the board, with every coin in the top 100 exhibiting negative performance over the past 24 hours.Cosmos (ATOM)is the best-performing token among the top 100, gaining 1.98%. This is followed byTron (TRX), which increased 0.76%.Unus Sed Leo (LEO)rounds up the top gainers in the top 100, and is up 0.23%. Most of the 100 most valuable cryptocurrencies by market capitalization are currently recording losses, withStacks (STX)being the worst performer, down 16.88% in the last 24 hours.\nBitcoin (BTC), the leading cryptocurrency, is also facing downward pressure. The coin is currently trading at around $59,897, reflecting a 6.11% loss in the past 24 hours and a 10% decrease over the last 7 days. Data from CoinGlass reveals that over the past 24 hours, more than $261 million worth of long positions in all cryptocurrencies have been liquidated. When considering short positions as well, the total liquidations amount to over $324 million.\nThe crypto market's performance is closely tied to global trends, as most international markets are also experiencing declines today. Several factors contribute to this, including concerns about the upcoming interest rate decision by the US Federal Reserve, uncertainty surrounding corporate earnings, and anticipation of significant macroeconomic events.\nInvestors are closely monitoring the Federal Reserve's stance on interest rates, with the central bank currently in the midst of a two-day monetary policy meeting. The decision and subsequent press conference are scheduled for tomorrow.\nLooking ahead, updated inflation metrics and the release of the next US jobs report will play significant roles in influencing market sentiment. Additionally, nearly 200 companies in the S&P 500 are expected to report their financial results this week. Notably, April has been the only bearish month for the S&P 500 since October 2023.", "On April 30, Hong Kong's spot Bitcoin and Ether exchange-traded funds (ETFs) made a successful debut, attracting more than $200 million in total assets. The Bosera HashKey spotBitcoinandEtherETFs have accumulated 964 Bitcoin (BTC) and 4,290 Ether (ETH), amounting to $71.94 million in assets under management. Additionally, ChinaAMC's spot Bitcoin and Ether ETFs have gathered $123.61 million in combined assets, according to Eric Balchunas, senior ETF analyst at Bloomberg.\nHowever, the value of assets garnered by Hong Kong's crypto ETFs pales in comparison to their counterparts in the United States. During their debut week, US spot Bitcoin ETFs attracted nearly $4 billion in assets under management, with a trading volume of $4.5 billion on the first day of trading alone. Eric Balchunas cautioned against setting high expectations for the Hong Kong market, but noted the significance of the local numbers. ChinaAMC's Bitcoin ETF, for instance, gathered $123 million on its first day, ranking it 6th out of 82 ETFs launched in the past three years in Hong Kong and in the top 20% overall.\nOne notable feature of Hong Kong's crypto ETFs is that non-Hong Kong nationals can also subscribe to or purchase units in the ETFs if they meet local regulatory requirements. Moreover, these ETFs allow investors to subscribe to units directly using BTC and ETH, and vice versa, which is not available with their US counterparts.\nA survey conducted by Hong Kong-regulated crypto exchange OSL on April 28 revealed that 76.9% of crypto-knowledgeable respondents in the city plan to invest in the newly introduced spot Bitcoin and Ether ETFs. It's worth noting that Hong Kong's crypto ETFs are currently only accessible to the city's approximately 6.4 million adult residents. Mainland Chinese investors, numbering over 1 billion, are restricted from accessing these ETFs unless they possess a Hong Kong residence permit.", "On April 30, Hong Kong's spot Bitcoin and Ether exchange-traded funds (ETFs) made a successful debut, attracting more than $200 million in total assets. The Bosera HashKey spotBitcoinandEtherETFs have accumulated 964 Bitcoin (BTC) and 4,290 Ether (ETH), amounting to $71.94 million in assets under management. Additionally, ChinaAMC's spot Bitcoin and Ether ETFs have gathered $123.61 million in combined assets, according to Eric Balchunas, senior ETF analyst at Bloombe **Last 60 Days of Bitcoin's Closing Prices:** [62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-05-01 **Financial & Commodity Data:** - Gold Closing Price: $2299.90 - Crude Oil Closing Price: $79.00 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,181,371,080,253 - Hash Rate: 578118168.6740619 - Transaction Count: 478881.0 - Unique Addresses: 587665.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.54 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Current FTX CEO John J. Ray III is pushing back against his disgraced predecessor Sam Bankman-Fried’s claims that customers lost “zero” money in the exchange’s 2022 collapse, calling them “categorically, callously, and demonstrably false.” In a victim impact statement penned by Ray on behalf of FTX and its subsidiaries, Ray told New York District Court Judge Lewis Kaplan that Bankman-Fried’s “delusional” claims that his exchange was solvent are a “mischaracterization” of the estate’s January statement that they expect topay customers back in full. Bankman-Fried and his legal team have leaned heavily on the estate’s recovery, arguing in his February sentencing submission that the “harm to customers, lenders, and investors is zero” and, as such, Judge Kaplan should consider a maximum sentence of 6.5 years in prison – far less than the 40-50 year sentence recommended by prosecutors or the 100 year sentence suggested by the probation department. But just because the FTX estate was able to scrape together enough money to pay back the exchange’s customers – massively aided by the run-up in bitcoin’s price as well as the “tens of thousands of hours…spent digging through the rubble of Mr. Bankman-Fried’s sprawling criminal enterprise to unearth every possible dollar, token, or other asset” – does not mean that Bankman-Fried’s behavior was not criminal, Ray argued. Ray told the court that, when he took over, the exchange’s coffers were nearly empty – a mere 105 bitcoins remained on the platform, compared with the nearly 100,000 bitcoins customers were entitled to. Some of the lost assets were recovered, Ray said, while others, including bribes to Chinese officials and the “hundreds of millions of dollars” Bankman-Fried spent on various investments or buying access to celebrities and politicians are gone for good. “The harm was vast. The remorse is nonexistent,” Ray wrote in the Wednesday court filing. “Effective altruism, at least as lived by Sam Bankman-Fried, was a lie.” Ray told the court that, despite the current plan to get their money back, many of FTX’s customers remain “extremely unhappy” with the valuation of their funds. Because customers will be refunded based on the value of their portfolios at the time of the bankruptcy – not today’s much higher value – they will “never be returned to the same economic position they would have been in today absent [Bankman-Fried’s] colossal fraud,” Ray argued. In their own victim impact statements filed earlier this week, dozens of FTX customers detailed theemotional and financial tollthe exchange’s collapse had on their personal lives. “There should be no delusion that because assets have increased in value or that the professionals have been able to recover funds and assets taken or stolen from the estate, that there was no need [to file for bankruptcy],” Ray wrote. “Make no mistake; customers, non-governmental creditors, governmental creditors, and non-insider stockholders have suffered and continue to suffer.” Bankman-Fried is scheduled to be sentenced on March 28.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71
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:** ['• Stocks dropped sharply as investors readjusted rate cut expectations ahead of the latest FOMC meeting.\n• The latest labor cost data added to fears of a hot economy and sticky inflation.\n• The stock decline only deepens April\'s losses, snapping a five-month streak of gains.\nUS stocks plunged on Tuesday as investors got another dose of inflationary data ahead of the Federal Reserve\'s next policy decision.\nThe benchmark S&P 500 index dropped over 1%, after quarterly labor costs came in hotter than expected. The Employee Cost Index, a measure of wages and benefits, rose 1.2% against 1% consensus, the Bureau of Labor Statistics reported.\nFor the Fed, that adds even more restraint on its ability to cut interest rates this year, and futures markets now expect onlyone rate cut in December. Investors will tune in to Fed commentary after its FOMC meeting wraps up on Wednesday.\n"The policy statement and Chair Powell\'s comments in the press conference will reiterate the Fed\'s resolve to get inflation back to their 2% target. Barring a major crisis, a rate cut looks off the table before September, and even that is less likely than it seemed a few weeks ago given recent data demonstrating a broad-based increase in prices of services, houses, and labor costs in early 2024," Bill Adams, chief economist for Comerica Bank, said in written commentary.\nThe equity decline that followed only deepened April\'s market losses, making it the first month of 2024 to end in the red. Its 3.7% decline snapped a bull run that\'s extended since November.\nMeanwhile, shares inMcDonald\'sdropped as much as 3.8%, after its earnings report missed estimates.Amazonwill publish itsquarterly resultsafter Tuesday\'s closing bell.\nAmong other notable movers,ceasefire talks between Israel and Hamassent Brent crude falling 2.6% throughout the day.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 5,035.69, down 1.57%\n• Dow Jones Industrial Average: 37,815.92, down 1.49% (-570.17 points)\n• Nasdaq Composite: 15,657.82, down 2.04%\nHere\'s what else is going on today:\n• Investors should\'be like Buffett\' and buy Applewhile the stock is cheap, Bernstein said in a note.\n• Trump Media\'sbattle against short sellers has coincided with big market gains.\n• If sentenced, Binance founder Changpeng Zhao could be therichest US inmate ever.\n• Bitcoin\'s bull rally may have come to its end, and could drop 50%, market vet predicts.\n• A rollout of Tesla\'s self-driving tech in China could earn over $2 billion by 2030, Bank of America says.\nIn commodities, bonds, and crypto:\n• Oil prices fell.West Texas Intermediatecrude oil shed 1.09% to $81.92 a barrel.Brent crude, the international benchmark, dropped 2.6% to $86.14 a barrel.\n• Goldslumped by 1.85% to $2,295.4 per ounce.\n• The 10-year Treasury yield jumped seven basis points to 4.684%.\n• Bitcoindecreased by 5.4% to $60,358.\nRead the original article onBusiness Insider', "The cryptocurrency market is experiencing a challenging day marked by continuous selling off. The total market capitalization of cryptocurrencies has declined by 5.94% in the past 24 hours and currently stands at $2.21 trillion,accordingto CoinMarketCap data. Furthermore, the Crypto Fear and Greed Index has shifted from greedy to neutral territory for the first time since January 2024.\nThe bearish trends on Tuesday are evident across the board, with every coin in the top 100 exhibiting negative performance over the past 24 hours.Cosmos (ATOM)is the best-performing token among the top 100, gaining 1.98%. This is followed byTron (TRX), which increased 0.76%.Unus Sed Leo (LEO)rounds up the top gainers in the top 100, and is up 0.23%. Most of the 100 most valuable cryptocurrencies by market capitalization are currently recording losses, withStacks (STX)being the worst performer, down 16.88% in the last 24 hours.\nBitcoin (BTC), the leading cryptocurrency, is also facing downward pressure. The coin is currently trading at around $59,897, reflecting a 6.11% loss in the past 24 hours and a 10% decrease over the last 7 days. Data from CoinGlass reveals that over the past 24 hours, more than $261 million worth of long positions in all cryptocurrencies have been liquidated. When considering short positions as well, the total liquidations amount to over $324 million.\nThe crypto market's performance is closely tied to global trends, as most international markets are also experiencing declines today. Several factors contribute to this, including concerns about the upcoming interest rate decision by the US Federal Reserve, uncertainty surrounding corporate earnings, and anticipation of significant macroeconomic events.\nInvestors are closely monitoring the Federal Reserve's stance on interest rates, with the central bank currently in the midst of a two-day monetary policy meeting. The decision and subsequent press conference are scheduled for tomorrow.\nLooking ahead, updated inflation metrics and the release of the next US jobs report will play significant roles in influencing market sentiment. Additionally, nearly 200 companies in the S&P 500 are expected to report their financial results this week. Notably, April has been the only bearish month for the S&P 500 since October 2023.", "The cryptocurrency market is experiencing a challenging day marked by continuous selling off. The total market capitalization of cryptocurrencies has declined by 5.94% in the past 24 hours and currently stands at $2.21 trillion,accordingto CoinMarketCap data. Furthermore, the Crypto Fear and Greed Index has shifted from greedy to neutral territory for the first time since January 2024.\nThe bearish trends on Tuesday are evident across the board, with every coin in the top 100 exhibiting negative performance over the past 24 hours.Cosmos (ATOM)is the best-performing token among the top 100, gaining 1.98%. This is followed byTron (TRX), which increased 0.76%.Unus Sed Leo (LEO)rounds up the top gainers in the top 100, and is up 0.23%. Most of the 100 most valuable cryptocurrencies by market capitalization are currently recording losses, withStacks (STX)being the worst performer, down 16.88% in the last 24 hours.\nBitcoin (BTC), the leading cryptocurrency, is also facing downward pressure. The coin is currently trading at around $59,897, reflecting a 6.11% loss in the past 24 hours and a 10% decrease over the last 7 days. Data from CoinGlass reveals that over the past 24 hours, more than $261 million worth of long positions in all cryptocurrencies have been liquidated. When considering short positions as well, the total liquidations amount to over $324 million.\nThe crypto market's performance is closely tied to global trends, as most international markets are also experiencing declines today. Several factors contribute to this, including concerns about the upcoming interest rate decision by the US Federal Reserve, uncertainty surrounding corporate earnings, and anticipation of significant macroeconomic events.\nInvestors are closely monitoring the Federal Reserve's stance on interest rates, with the central bank currently in the midst of a two-day monetary policy meeting. The decision and subsequent press conference are scheduled for tomorrow.\nLooking ahead, updated inflation metrics and the release of the next US jobs report will play significant roles in influencing market sentiment. Additionally, nearly 200 companies in the S&P 500 are expected to report their financial results this week. Notably, April has been the only bearish month for the S&P 500 since October 2023.", "On April 30, Hong Kong's spot Bitcoin and Ether exchange-traded funds (ETFs) made a successful debut, attracting more than $200 million in total assets. The Bosera HashKey spotBitcoinandEtherETFs have accumulated 964 Bitcoin (BTC) and 4,290 Ether (ETH), amounting to $71.94 million in assets under management. Additionally, ChinaAMC's spot Bitcoin and Ether ETFs have gathered $123.61 million in combined assets, according to Eric Balchunas, senior ETF analyst at Bloomberg.\nHowever, the value of assets garnered by Hong Kong's crypto ETFs pales in comparison to their counterparts in the United States. During their debut week, US spot Bitcoin ETFs attracted nearly $4 billion in assets under management, with a trading volume of $4.5 billion on the first day of trading alone. Eric Balchunas cautioned against setting high expectations for the Hong Kong market, but noted the significance of the local numbers. ChinaAMC's Bitcoin ETF, for instance, gathered $123 million on its first day, ranking it 6th out of 82 ETFs launched in the past three years in Hong Kong and in the top 20% overall.\nOne notable feature of Hong Kong's crypto ETFs is that non-Hong Kong nationals can also subscribe to or purchase units in the ETFs if they meet local regulatory requirements. Moreover, these ETFs allow investors to subscribe to units directly using BTC and ETH, and vice versa, which is not available with their US counterparts.\nA survey conducted by Hong Kong-regulated crypto exchange OSL on April 28 revealed that 76.9% of crypto-knowledgeable respondents in the city plan to invest in the newly introduced spot Bitcoin and Ether ETFs. It's worth noting that Hong Kong's crypto ETFs are currently only accessible to the city's approximately 6.4 million adult residents. Mainland Chinese investors, numbering over 1 billion, are restricted from accessing these ETFs unless they possess a Hong Kong residence permit.", "On April 30, Hong Kong's spot Bitcoin and Ether exchange-traded funds (ETFs) made a successful debut, attracting more than $200 million in total assets. The Bosera HashKey spotBitcoinandEtherETFs have accumulated 964 Bitcoin (BTC) and 4,290 Ether (ETH), amounting to $71.94 million in assets under management. Additionally, ChinaAMC's spot Bitcoin and Ether ETFs have gathered $123.61 million in combined assets, according to Eric Balchunas, senior ETF analyst at Bloombe **Last 60 Days of Bitcoin's Closing Prices:** [62029.85, 63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-05-01 **Financial & Commodity Data:** - Gold Closing Price: $2299.90 - Crude Oil Closing Price: $79.00 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,181,371,080,253 - Hash Rate: 578118168.6740619 - Transaction Count: 478881.0 - Unique Addresses: 587665.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.54 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Current FTX CEO John J. Ray III is pushing back against his disgraced predecessor Sam Bankman-Fried’s claims that customers lost “zero” money in the exchange’s 2022 collapse, calling them “categorically, callously, and demonstrably false.” In a victim impact statement penned by Ray on behalf of FTX and its subsidiaries, Ray told New York District Court Judge Lewis Kaplan that Bankman-Fried’s “delusional” claims that his exchange was solvent are a “mischaracterization” of the estate’s January statement that they expect topay customers back in full. Bankman-Fried and his legal team have leaned heavily on the estate’s recovery, arguing in his February sentencing submission that the “harm to customers, lenders, and investors is zero” and, as such, Judge Kaplan should consider a maximum sentence of 6.5 years in prison – far less than the 40-50 year sentence recommended by prosecutors or the 100 year sentence suggested by the probation department. But just because the FTX estate was able to scrape together enough money to pay back the exchange’s customers – massively aided by the run-up in bitcoin’s price as well as the “tens of thousands of hours…spent digging through the rubble of Mr. Bankman-Fried’s sprawling criminal enterprise to unearth every possible dollar, token, or other asset” – does not mean that Bankman-Fried’s behavior was not criminal, Ray argued. Ray told the court that, when he took over, the exchange’s coffers were nearly empty – a mere 105 bitcoins remained on the platform, compared with the nearly 100,000 bitcoins customers were entitled to. Some of the lost assets were recovered, Ray said, while others, including bribes to Chinese officials and the “hundreds of millions of dollars” Bankman-Fried spent on various investments or buying access to celebrities and politicians are gone for good. “The harm was vast. The remorse is nonexistent,” Ray wrote in the Wednesday court filing. “Effective altruism, at least as lived by Sam Bankman-Fried, was a lie.” Ray told the court that, despite the current plan to get their money back, many of FTX’s customers remain “extremely unhappy” with the valuation of their funds. Because customers will be refunded based on the value of their portfolios at the time of the bankruptcy – not today’s much higher value – they will “never be returned to the same economic position they would have been in today absent [Bankman-Fried’s] colossal fraud,” Ray argued. In their own victim impact statements filed earlier this week, dozens of FTX customers detailed theemotional and financial tollthe exchange’s collapse had on their personal lives. “There should be no delusion that because assets have increased in value or that the professionals have been able to recover funds and assets taken or stolen from the estate, that there was no need [to file for bankruptcy],” Ray wrote. “Make no mistake; customers, non-governmental creditors, governmental creditors, and non-insider stockholders have suffered and continue to suffer.” Bankman-Fried is scheduled to be sentenced on March 28.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Investors added a net $31.2 billion to U.S.-listed exchange-traded funds last month, a decline from the extraordinarily hot March inflows, while at the same time keeping flows on pace to beat last year\'s total.\nThe new money brought year-to-date inflows to $227.6 billion, higher than the $146.8 billion brought in by this same time a year ago.\nApril inflows were evenly distributed among fund categories, with solid inflows for U.S. and international equity ETFs, as well as U.S. and international fixed income ETFs.\nIn terms of individual ETFs, the usual suspects, like theVanguard 500 Index Fund (VOO)and theiShares Core U.S. Aggregate Bond ETF (AGG)topped the flows charts, with inflows of $7.7 billion and $3.2 billion, respectively.\nTheiShares Bitcoin Trust (IBIT)pulled in $1.6 billion of fresh assets, despite the price of bitcoin sliding. IBIT’s streak of 71 straight days of inflows ended in April, but it’s still on the cusp of becoming the largest spot bitcoin ETF soon.\nAnother notable flows winner during May was thePacer U.S. Cash Cows 100 ETF (COWZ), which had inflows of $1.3 billion. The value exchange-traded fund has been one of the biggest ETF success stories of all time. It has $22 billion in AUM currently.\nOn the other side of the ledger, theSPDR S&P 500 ETF Trust (SPY)led all ETFs with outflows of $15.5 billion.\nTheiShares iBoxx USD Investment Grade Corporate Bond ETF (LQD)and theiShares Russell 2000 ETF (IWM)followed behind with outflows of $3.3 billion and $2.9 billion, respectively.\nInflows in all funds dipped from what was an out-of-the-ordinary total of $101.2 million in flows in March—a month of record-high stocks fueled by artificial intelligence companies, as well as investors pouring billions into crytpo ETFs. Stocks sold off during April, with the S&P 500 falling more than 5% from its recent highs.\nSPY and IWM are among the most popular ETFs for short-term traders, so it’s no surprise to see them shed assets in a down month for the markets.\nMeanwhile, in contrast to the aforementioned IBIT, the Grayscale Bitcoin Trust (GBTC) had large outflows of $2.5 billion in May.\nAnother month of similar sized outflows for the Grayscale ETF will almost certainly put IBIT ahead of GBTC in terms of AUM.\nFor a full list of the top inflows and outflows for April, see the tables below:\n[{"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Issuer": "Vanguard", "Net Flows ($, mm)": "7,690.72", "AUM ($, mm)": "430,823.28", "% of AUM": "1.79", "YTD 2024 Net Flows($,M)": "31,616.56%"}, {"Ticker": "AGG", "Name": "iShares Core U.S. Aggregate Bond ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "3,210.63", "AUM ($, mm)": "105,270.59", "% of AUM": "3.05", "YTD 2024 Net Flows($,M)": "8,059.17%"}, {"Ticker": "VUG", "Name": "Vanguard Growth ETF", "Issuer": "Vanguard", "Net Flows ($, mm)": "2,648.92", "AUM ($, mm)": "118,094.84", "% of AUM": "2.24", "YTD 2024 Net Flows($,M)": "5,402.41%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Issuer": "Vanguard", "Net Flows ($, mm)": "2,623.42", "AUM ($, mm)": "379,859.83", "% of AUM": "0.69", "YTD 2024 Net Flows($,M)": "10,615.59%"}, {"Ticker": "RSP", "Name": "Invesco S&P 500 Equal Weight ETF", "Issuer": "Invesco", "Net Flows ($, mm)": "2,228.14", "AUM ($, mm)": "54,453.44", "% of AUM": "4.09", "YTD 2024 Net Flows($,M)": "3,379.20%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Issuer": "Blackrock", "Net Flows ($, mm)": "1,615.67", "AUM ($, mm)": "17,534.63", "% of AUM": "9.21", "YTD 2024 Net Flows($,M)": "15,478.42%"}, {"Ticker": "VGT", "Name": "Vanguard Information Technology ETF", "Issuer": "Vanguard", "Net Flows ($, mm)": "1,521.95", "AUM ($, mm)": "64,967.58", "% of AUM": "2.34", "YTD 2024 Net Flows($,M)": "3,255.08%"}, {"Ticker": "COWZ", "Name": "Pacer U.S. Cash Cows 100 ETF", "Issuer": "Pacer Advisors", "Net Flows ($, mm)": "1,304.31", "AUM ($, mm)": "22,854.90", "% of AUM": "5.71", "YTD 2024 Net Flows($,M)": "3,233.56%"}, {"Ticker": "SOXL", "Name": "Direxion Daily Semiconductor Bull 3X Shares", "Issuer": "Direxion", "Net Flows ($, mm)": "1,282.34", "AUM ($, mm)": "10,782.19", "% of AUM": "11.89", "YTD 2024 Net Flows($,M)": "225.55%"}, {"Ticker": "IEFA", "Name": "iShares Core MSCI EAFE ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "1,278.54", "AUM ($, mm)": "113,401.15", "% of AUM": "1.13", "YTD 2024 Net Flows($,M)": "3,864.29%"}]\n[{"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Issuer": "Vanguard", "Net Flows ($, mm)": "31,616.56", "AUM ($, mm)": "430,823.28", "% of AUM": "7.34", "May 2024 Net Flows($,M)": "7,690.72%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Issuer": "Blackrock", "Net Flows ($, mm)": "15,478.42", "AUM ($, mm)": "17,534.63", "% of AUM": "88.27", "May 2024 Net Flows($,M)": "1,615.67%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "12,275.13", "AUM ($, mm)": "440,895.24", "% of AUM": "2.78", "May 2024 Net Flows($,M)": "-771.78%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Issuer": "Vanguard", "Net Flows ($, mm)": "10,615.59", "AUM ($, mm)": "379,859.83", "% of AUM": "2.79", "May 2024 Net Flows($,M)": "2,623.42%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Issuer": "Invesco", "Net Flows ($, mm)": "8,654.89", "AUM ($, mm)": "251,260.24", "% of AUM": "3.44", "May 2024 Net Flows($,M)": "-465.20%"}, {"Ticker": "FBTC", "Name": "Fidelity Wise Origin Bitcoin Fund", "Issuer": "Fidelity", "Net Flows ($, mm)": "8,160.90", "AUM ($, mm)": "9,809.16", "% of AUM": "83.20", "May 2024 Net Flows($,M)": "666.28%"}, {"Ticker": "AGG", "Name": "iShares Core U.S. Aggregate Bond ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "8,059.17", "AUM ($, mm)": "105,270.59", "% of AUM": "7.66", "May 2024 Net Flows($,M)": "3,210.63%"}, {"Ticker": "DYNF", "Name": "BlackRock U.S. Equity Factor Rotation ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "7,240.89", "AUM ($, mm)": "7,435.56", "% of AUM": "97.38", "May 2024 Net Flows($,M)": "461.77%"}, {"Ticker": "SPLG", "Name": "SPDR Portfolio S&P 500 ETF", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "6,132.75", "AUM ($, mm)": "33,817.32", "% of AUM": "18.13", "May 2024 Net Flows($,M)": "1,268.98%"}, {"Ticker": "VUG", "Name": "Vanguard Growth ETF", "Issuer": "Vanguard", "Net Flows ($, mm)": "5,402.41", "AUM ($, mm)": "118,094.84", "% of AUM": "4.57", "May 2024 Net Flows($,M)": "2,648.92%"}]\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "-15,547.09", "AUM ($, mm)": "505,487.46", "% of AUM": "-3.08", "YTD 2024 Net Flows($,M)": "-24,747.59%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-3,339.00", "AUM ($, mm)": "28,154.95", "% of AUM": "-11.86", "YTD 2024 Net Flows($,M)": "-2,044.46%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-2,887.10", "AUM ($, mm)": "58,807.63", "% of AUM": "-4.91", "YTD 2024 Net Flows($,M)": "-7,518.79%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Issuer": "Digital Currency Group, Inc.", "Net Flows ($, mm)": "-2,521.97", "AUM ($, mm)": "18,969.79", "% of AUM": "-13.29", "YTD 2024 Net Flows($,M)": "-17,089.55%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-2,367.17", "AUM ($, mm)": "14,298.29", "% of AUM": "-16.56", "YTD 2024 Net Flows($,M)": "-4,498.88%"}, {"Ticker": "VCSH", "Name": "Vanguard Short-Term Corporate Bond ETF", "Issuer": "Vanguard", "Net Flows ($, mm)": "-1,483.79", "AUM ($, mm)": "33,755.73", "% of AUM": "-4.40", "YTD 2024 Net Flows($,M)": "-1,253.43%"}, {"Ticker": "XLV", "Name": "Health Care Select Sector SPDR Fund", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "-1,281.19", "AUM ($, mm)": "37,880.36", "% of AUM": "-3.38", "YTD 2024 Net Flows($,M)": "-820.43%"}, {"Ticker": "XLP", "Name": "Consumer Staples Select Sector SPDR Fund", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "-1,232.32", "AUM ($, mm)": "14,240.41", "% of AUM": "-8.65", "YTD 2024 Net Flows($,M)": "-1,712.20%"}, {"Ticker": "ACWI", "Name": "iShares MSCI ACWI ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-1,149.55", "AUM ($, mm)": "17,935.67", "% of AUM": "-6.41", "YTD 2024 Net Flows($,M)": "-2,108.08%"}, {"Ticker": "SPTS", "Name": "SPDR Portfolio Short Term Treasury ETF", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "-1,022.66", "AUM ($, mm)": "4,259.11", "% of AUM": "-24.01", "YTD 2024 Net Flows($,M)": "-1,262.37%"}]\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "-24,747.59", "AUM ($, mm)": "505,487.46", "% of AUM": "-4.90", "May 2024 Net Flows($,M)": "-15,547.09%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Issuer": "Digital Currency Group, Inc.", "Net Flows ($, mm)": "-17,089.55", "AUM ($, mm)": "18,969.79", "% of AUM": "-90.09", "May 2024 Net Flows($,M)": "-2,521.97%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-7,518.79", "AUM ($, mm)": "58,807.63", "% of AUM": "-12.79", "May 2024 Net Flows($,M)": "-2,887.10%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-4,498.88", "AUM ($, mm)": "14,298.29", "% of AUM": "-31.46", "May 2024 Net Flows($,M)": "-2,367.17%"}, {"Ticker": "USMV", "Name": "iShares MSCI USA Min Vol Factor ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-3,931.20", "AUM ($, mm)": "23,716.71", "% of AUM": "-16.58", "May 2024 Net Flows($,M)": "-108.36%"}, {"Ticker": "IWD", "Name": "iShares Russell 1000 Value ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-3,544.65", "AUM ($, mm)": "54,219.32", "% of AUM": "-6.54", "May 2024 Net Flows($,M)": "-170.73%"}, {"Ticker": "TFLO", "Name": "iS **Last 60 Days of Bitcoin's Closing Prices:** [63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-05-02 **Financial & Commodity Data:** - Gold Closing Price: $2299.20 - Crude Oil Closing Price: $78.95 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,126,825,055,812 - Hash Rate: 635054048.9222649 - Transaction Count: 559839.0 - Unique Addresses: 528151.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.43 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Cathie Wood, CEO of the investment firm ARK Invest, has significantly increased her bullish outlook onBitcoin's price trajectory. In a recent interview, sherevealedthat ARK has "brought forward" its previous $1 million price target for Bitcoin by 2030. Wood attributes this shift to the recent approval of spot Bitcoin ETFs in the United States. The surge in interest and investment potential unlocked by these ETFs has prompted ARK to re-evaluate Bitcoin's future. "That target...it was before the SEC gave us the green light," Wood explained, referring to the Securities and Exchange Commission's approval of spot Bitcoin ETFs. "And I think that was a major milestone, and it has pulled forward the timeline." While Bitcoin has already seen significant price appreciation, Wood believes the party is just getting started. Major financial institutions, like Morgan Stanley or Bank of America, have yet to fully embrace Bitcoin, according to Wood. "No platform has approved Bitcoin yet," she said. "So all of this price action has happened before they approve it, and so we haven't even begun." This lack of mainstream institutional involvement suggests even more significant price increases are on the horizon. Wood hinted at a revised price target "well above" $1 million by 2030, but declined to provide a specific figure.... - Reddit Posts (Sample): [['u/worldtraveller321', 'Important to Buy BTC now', 348, '2024-05-02 00:07', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/', 'Is it just me or am I wrong to think that right now. I am important to buy BTC at this moment. so people will have something of value. As everything else is going down in value?\n\nam I right?', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/', '1chysfv', [['u/Radiant_Childhood505', 144, '2024-05-02 00:18', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25rkao/', 'Look at Saylor he knows he\'s in an arms race. I said to myself before the ETFs launch, "Let\'s see if he buys above 50, then I said 60. Hell, he just bought his last 122 BTC for 7.8 million, so the average was 64000 on those! Yes, buy high, buy low, but good God buy buy buy.', '1chysfv'], ['u/Financial_Clue_2534', 144, '2024-05-02 00:20', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25rtj0/', 'Based on previous events nows a good time as Bitcoin typically has numerous 20% drops as it climbs up. \n\nI DCA but I also buy a bit more when we get this type of pullback. It hasn’t failed me yet.', '1chysfv'], ['u/Sudden_Agent_345', 71, '2024-05-02 00:25', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25sm2k/', 'you are important no matter what', '1chysfv'], ['u/PablovsPeanut', 15, '2024-05-02 00:25', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25spul/', 'Actual gold will be decent as well as silver. IMO BTC will be the best. No one can time it perfect because the best time to buy was obviously last cycle and that will always be the answer. From looking at past empires when they fall they fall hard and fast. The US is acting like an empire in decline.', '1chysfv'], ['u/Tasty-Lemon-2143', 240, '2024-05-02 00:34', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25u0e5/', 'This is the dip everyone was asking for 3 weeks ago....make your decision wisely.', '1chysfv'], ['u/LastRecognition4151', 69, '2024-05-02 00:38', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25up9c/', 'Saylor says he will always buy the top forever', '1chysfv'], ['u/BitcoinWell', 45, '2024-05-02 00:40', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25uzs4/', 'Not only are prices heavily discounted from a few weeks ago, but transaction fees are super low – high priority transactions are showing up as $3 on mempool right now.\n\nIts a great time to: \n- stack sats \n- take coins off the exchange and onto your own wallet (key in cold storage) \n- Consolidate UTXOs', '1chysfv'], ['u/BitcoinWell', 33, '2024-05-02 00:41', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25v30b/', 'in 2017 it happened 3 times before the big drop', '1chysfv'], ['u/Highly-Aggressive', 20, '2024-05-02 00:51', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25wnxx/', "*can't", '1chysfv'], ['u/thinkinon', 11, '2024-05-02 00:53', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25wzu1/', 'Goodness gracious, do you need a hug?', '1chysfv'], ['u/Financial_Clue_2534', 33, '2024-05-02 00:58', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25xsd1/', 'Started in 2016. Took til 2019for me to “get use” to it. I use to check prices all the time and stress out. In the past I tried to type the market to buy back cheaper and got burned. I found out just buy, DCA and hold you gain so much overtime.', '1chysfv'], ['u/RiskRambo', 29, '2024-05-02 01:02', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25yb78/', 'This seems like a very odd time to be selling your bitcoin.', '1chysfv'], ['u/19YoJimbo93', 16, '2024-05-02 01:08', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25zb92/', '<3 this is the energy we need', '1chysfv'], ['u/jluc21', 22, '2024-05-02 01:10', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25zjy1/', 'what happened 3 times? it dropped 20% three times?', '1chysfv'], ['u/Cryptdego', 26, '2024-05-02 01:24', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l261ogx/', 'Would you say...power top!?!', '1chysfv'], ['u/cohortq', 12, '2024-05-02 01:45', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l264szu/', 'yes', '1chysfv'], ['u/gtbifmoney', 41, '2024-05-02 01:55', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l2669g8/', 'At this point, you have to be an actual dumbass to sell, and quite honestly, a gigantic pussy. There are institutions in this now with A LOT more to lose than you, they aren’t gonna just let this crash like the dark ages.\n\ntl;dr - “stop acting like a bitch a come on” - Deebo.', '1chysfv'], ['u/heinzmoleman', 10, '2024-05-02 02:10', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l268k8t/', 'If you are a true long term holder then there is never a bad time to buy BTC.', '1chysfv'], ['u/rokman', 40, '2024-05-02 02:17', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l269kv9/', 'Saylor doesn’t buy bitcoin, he has a company buy bitcoin while he sells stock and buys hookers and blow', '1chysfv'], ['u/marcio-a23', 27, '2024-05-02 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26a7ac/', 'I am doing the same thing \n\nI buy bitcoin with money and hookers with debt', '1chysfv'], ['u/Joeman106', 18, '2024-05-02 02:22', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26a9oc/', '… or you could just be someone using it as a store of value to save for things you couldn’t otherwise afford. I bought at 20k and just sold a sixth of it to go to Vegas for my 21st. You can buy more bitcoin but you can’t buy back experiences like that that otherwise couldn’t have happened', '1chysfv'], ['u/don123xyz', 14, '2024-05-02 02:22', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26ae7t/', "Yup, that's what I learned too after a year of trying to time the market. At the end I learned my lesson: just buy and hodl.", '1chysfv'], ['u/gtbifmoney', 11, '2024-05-02 02:39', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26cxbe/', 'Yeah, I don’t think the guy that sold 500 BTC for pizzas would agree…', '1chysfv'], ['u/listmann', 10, '2024-05-02 03:56', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26odc6/', "If history repeats its going to drop at least to 40k then go to 80k and above, I'm still buying regardless of the price untill I reach 2 BTC, might take me 10 years but wth", '1chysfv'], ['u/BBrillo614', 15, '2024-05-02 04:29', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26t4og/', 'I buy once or twice a week a couple hundred bucks or so. That was when it was high and when it was low. But since we broke down to 60k I’ve bought a metric fuck ton\nAka .19535 ;-) I suggest everyone load up and enjoy the ride!!!!', '1chysfv'], ['u/Pafeso_', 10, '2024-05-02 05:02', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26xs0u/', 'nuh uh (then buy more)', '1chysfv'], ['u/Awkward_Potential_', 29, '2024-05-02 05:28', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l2711yu/', 'Exactly. And if it goes down further, who gives a shit. Grow a set and buy more.', '1chysfv'], ['u/enzeipetre', 11, '2024-05-02 06:36', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l2797iz/', "DCA down until the next peak. as it's always been", '1chysfv'], ['u/ClassroomCareful935', 10, '2024-05-02 06:53', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l27b4g6/', "We've had 7 months up. One or more months down is to be expected, also in a bull market. Not sure why this wouldn't be a dip.", '1chysfv'], ['u/grey-doc', 15, '2024-05-02 07:55', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l27h51x/', 'It happens in every bubble in every asset since forever.\n\nAnd then one day one of the bubbles cuts a little deeper and everyone becomes sad.', '1chysfv'], ['u/grey-doc', 12, '2024-05-02 08:16', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l27j412/', 'The old generation built huge corporations that will give you money in exchange for a piece of your life. A deal with the devil, I say, but a deal that ends with more hodling.', '1chysfv'], ['u/NeitherShift9027', 21, '2024-05-02 13:16', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l288l79/', 'Managed to go from 0.21 to 0.30 in this dip. Pretty happy with that.', '1chysfv']]], ['u/JacksonRiot', 'Armory Deck: Boltyn', 124, '2024-05-02 02:05', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/', 'What do you think Boltyn needs in this [product](https://fabtcg.com/products/booster-set/armory-deck-boltyn/)?', 'https://www.reddit.com/gallery/1ci1jvf', '1ci1jvf', [['u/bluLoL', 39, '2024-05-02 02:17', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l269k5b/', "WOW! I can't wait to spend $40 to not have a play set of lumina ascension!", '1ci1jvf'], ['u/jovietjoe', 10, '2024-05-02 02:27', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l26b553/', 'I 100% guarantee there will be zero copies. The Kayo deck proved that their "this is a playable deck" hype was a fucking joke.', '1ci1jvf'], ['u/Razorcrest999', 16, '2024-05-02 02:29', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l26bfux/', 'This really needs a full playset of V of the vanguard and lumina ascension. Hopefully they give us at lea... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39
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:** ['Investors added a net $31.2 billion to U.S.-listed exchange-traded funds last month, a decline from the extraordinarily hot March inflows, while at the same time keeping flows on pace to beat last year\'s total.\nThe new money brought year-to-date inflows to $227.6 billion, higher than the $146.8 billion brought in by this same time a year ago.\nApril inflows were evenly distributed among fund categories, with solid inflows for U.S. and international equity ETFs, as well as U.S. and international fixed income ETFs.\nIn terms of individual ETFs, the usual suspects, like theVanguard 500 Index Fund (VOO)and theiShares Core U.S. Aggregate Bond ETF (AGG)topped the flows charts, with inflows of $7.7 billion and $3.2 billion, respectively.\nTheiShares Bitcoin Trust (IBIT)pulled in $1.6 billion of fresh assets, despite the price of bitcoin sliding. IBIT’s streak of 71 straight days of inflows ended in April, but it’s still on the cusp of becoming the largest spot bitcoin ETF soon.\nAnother notable flows winner during May was thePacer U.S. Cash Cows 100 ETF (COWZ), which had inflows of $1.3 billion. The value exchange-traded fund has been one of the biggest ETF success stories of all time. It has $22 billion in AUM currently.\nOn the other side of the ledger, theSPDR S&P 500 ETF Trust (SPY)led all ETFs with outflows of $15.5 billion.\nTheiShares iBoxx USD Investment Grade Corporate Bond ETF (LQD)and theiShares Russell 2000 ETF (IWM)followed behind with outflows of $3.3 billion and $2.9 billion, respectively.\nInflows in all funds dipped from what was an out-of-the-ordinary total of $101.2 million in flows in March—a month of record-high stocks fueled by artificial intelligence companies, as well as investors pouring billions into crytpo ETFs. Stocks sold off during April, with the S&P 500 falling more than 5% from its recent highs.\nSPY and IWM are among the most popular ETFs for short-term traders, so it’s no surprise to see them shed assets in a down month for the markets.\nMeanwhile, in contrast to the aforementioned IBIT, the Grayscale Bitcoin Trust (GBTC) had large outflows of $2.5 billion in May.\nAnother month of similar sized outflows for the Grayscale ETF will almost certainly put IBIT ahead of GBTC in terms of AUM.\nFor a full list of the top inflows and outflows for April, see the tables below:\n[{"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Issuer": "Vanguard", "Net Flows ($, mm)": "7,690.72", "AUM ($, mm)": "430,823.28", "% of AUM": "1.79", "YTD 2024 Net Flows($,M)": "31,616.56%"}, {"Ticker": "AGG", "Name": "iShares Core U.S. Aggregate Bond ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "3,210.63", "AUM ($, mm)": "105,270.59", "% of AUM": "3.05", "YTD 2024 Net Flows($,M)": "8,059.17%"}, {"Ticker": "VUG", "Name": "Vanguard Growth ETF", "Issuer": "Vanguard", "Net Flows ($, mm)": "2,648.92", "AUM ($, mm)": "118,094.84", "% of AUM": "2.24", "YTD 2024 Net Flows($,M)": "5,402.41%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Issuer": "Vanguard", "Net Flows ($, mm)": "2,623.42", "AUM ($, mm)": "379,859.83", "% of AUM": "0.69", "YTD 2024 Net Flows($,M)": "10,615.59%"}, {"Ticker": "RSP", "Name": "Invesco S&P 500 Equal Weight ETF", "Issuer": "Invesco", "Net Flows ($, mm)": "2,228.14", "AUM ($, mm)": "54,453.44", "% of AUM": "4.09", "YTD 2024 Net Flows($,M)": "3,379.20%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Issuer": "Blackrock", "Net Flows ($, mm)": "1,615.67", "AUM ($, mm)": "17,534.63", "% of AUM": "9.21", "YTD 2024 Net Flows($,M)": "15,478.42%"}, {"Ticker": "VGT", "Name": "Vanguard Information Technology ETF", "Issuer": "Vanguard", "Net Flows ($, mm)": "1,521.95", "AUM ($, mm)": "64,967.58", "% of AUM": "2.34", "YTD 2024 Net Flows($,M)": "3,255.08%"}, {"Ticker": "COWZ", "Name": "Pacer U.S. Cash Cows 100 ETF", "Issuer": "Pacer Advisors", "Net Flows ($, mm)": "1,304.31", "AUM ($, mm)": "22,854.90", "% of AUM": "5.71", "YTD 2024 Net Flows($,M)": "3,233.56%"}, {"Ticker": "SOXL", "Name": "Direxion Daily Semiconductor Bull 3X Shares", "Issuer": "Direxion", "Net Flows ($, mm)": "1,282.34", "AUM ($, mm)": "10,782.19", "% of AUM": "11.89", "YTD 2024 Net Flows($,M)": "225.55%"}, {"Ticker": "IEFA", "Name": "iShares Core MSCI EAFE ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "1,278.54", "AUM ($, mm)": "113,401.15", "% of AUM": "1.13", "YTD 2024 Net Flows($,M)": "3,864.29%"}]\n[{"Ticker": "VOO", "Name": "Vanguard 500 Index Fund", "Issuer": "Vanguard", "Net Flows ($, mm)": "31,616.56", "AUM ($, mm)": "430,823.28", "% of AUM": "7.34", "May 2024 Net Flows($,M)": "7,690.72%"}, {"Ticker": "IBIT", "Name": "iShares Bitcoin Trust", "Issuer": "Blackrock", "Net Flows ($, mm)": "15,478.42", "AUM ($, mm)": "17,534.63", "% of AUM": "88.27", "May 2024 Net Flows($,M)": "1,615.67%"}, {"Ticker": "IVV", "Name": "iShares Core S&P 500 ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "12,275.13", "AUM ($, mm)": "440,895.24", "% of AUM": "2.78", "May 2024 Net Flows($,M)": "-771.78%"}, {"Ticker": "VTI", "Name": "Vanguard Total Stock Market ETF", "Issuer": "Vanguard", "Net Flows ($, mm)": "10,615.59", "AUM ($, mm)": "379,859.83", "% of AUM": "2.79", "May 2024 Net Flows($,M)": "2,623.42%"}, {"Ticker": "QQQ", "Name": "Invesco QQQ Trust", "Issuer": "Invesco", "Net Flows ($, mm)": "8,654.89", "AUM ($, mm)": "251,260.24", "% of AUM": "3.44", "May 2024 Net Flows($,M)": "-465.20%"}, {"Ticker": "FBTC", "Name": "Fidelity Wise Origin Bitcoin Fund", "Issuer": "Fidelity", "Net Flows ($, mm)": "8,160.90", "AUM ($, mm)": "9,809.16", "% of AUM": "83.20", "May 2024 Net Flows($,M)": "666.28%"}, {"Ticker": "AGG", "Name": "iShares Core U.S. Aggregate Bond ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "8,059.17", "AUM ($, mm)": "105,270.59", "% of AUM": "7.66", "May 2024 Net Flows($,M)": "3,210.63%"}, {"Ticker": "DYNF", "Name": "BlackRock U.S. Equity Factor Rotation ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "7,240.89", "AUM ($, mm)": "7,435.56", "% of AUM": "97.38", "May 2024 Net Flows($,M)": "461.77%"}, {"Ticker": "SPLG", "Name": "SPDR Portfolio S&P 500 ETF", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "6,132.75", "AUM ($, mm)": "33,817.32", "% of AUM": "18.13", "May 2024 Net Flows($,M)": "1,268.98%"}, {"Ticker": "VUG", "Name": "Vanguard Growth ETF", "Issuer": "Vanguard", "Net Flows ($, mm)": "5,402.41", "AUM ($, mm)": "118,094.84", "% of AUM": "4.57", "May 2024 Net Flows($,M)": "2,648.92%"}]\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "-15,547.09", "AUM ($, mm)": "505,487.46", "% of AUM": "-3.08", "YTD 2024 Net Flows($,M)": "-24,747.59%"}, {"Ticker": "LQD", "Name": "iShares iBoxx USD Investment Grade Corporate Bond ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-3,339.00", "AUM ($, mm)": "28,154.95", "% of AUM": "-11.86", "YTD 2024 Net Flows($,M)": "-2,044.46%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-2,887.10", "AUM ($, mm)": "58,807.63", "% of AUM": "-4.91", "YTD 2024 Net Flows($,M)": "-7,518.79%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Issuer": "Digital Currency Group, Inc.", "Net Flows ($, mm)": "-2,521.97", "AUM ($, mm)": "18,969.79", "% of AUM": "-13.29", "YTD 2024 Net Flows($,M)": "-17,089.55%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-2,367.17", "AUM ($, mm)": "14,298.29", "% of AUM": "-16.56", "YTD 2024 Net Flows($,M)": "-4,498.88%"}, {"Ticker": "VCSH", "Name": "Vanguard Short-Term Corporate Bond ETF", "Issuer": "Vanguard", "Net Flows ($, mm)": "-1,483.79", "AUM ($, mm)": "33,755.73", "% of AUM": "-4.40", "YTD 2024 Net Flows($,M)": "-1,253.43%"}, {"Ticker": "XLV", "Name": "Health Care Select Sector SPDR Fund", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "-1,281.19", "AUM ($, mm)": "37,880.36", "% of AUM": "-3.38", "YTD 2024 Net Flows($,M)": "-820.43%"}, {"Ticker": "XLP", "Name": "Consumer Staples Select Sector SPDR Fund", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "-1,232.32", "AUM ($, mm)": "14,240.41", "% of AUM": "-8.65", "YTD 2024 Net Flows($,M)": "-1,712.20%"}, {"Ticker": "ACWI", "Name": "iShares MSCI ACWI ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-1,149.55", "AUM ($, mm)": "17,935.67", "% of AUM": "-6.41", "YTD 2024 Net Flows($,M)": "-2,108.08%"}, {"Ticker": "SPTS", "Name": "SPDR Portfolio Short Term Treasury ETF", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "-1,022.66", "AUM ($, mm)": "4,259.11", "% of AUM": "-24.01", "YTD 2024 Net Flows($,M)": "-1,262.37%"}]\n[{"Ticker": "SPY", "Name": "SPDR S&P 500 ETF Trust", "Issuer": "State Street Global Advisors", "Net Flows ($, mm)": "-24,747.59", "AUM ($, mm)": "505,487.46", "% of AUM": "-4.90", "May 2024 Net Flows($,M)": "-15,547.09%"}, {"Ticker": "GBTC", "Name": "Grayscale Bitcoin Trust ETF", "Issuer": "Digital Currency Group, Inc.", "Net Flows ($, mm)": "-17,089.55", "AUM ($, mm)": "18,969.79", "% of AUM": "-90.09", "May 2024 Net Flows($,M)": "-2,521.97%"}, {"Ticker": "IWM", "Name": "iShares Russell 2000 ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-7,518.79", "AUM ($, mm)": "58,807.63", "% of AUM": "-12.79", "May 2024 Net Flows($,M)": "-2,887.10%"}, {"Ticker": "HYG", "Name": "iShares iBoxx USD High Yield Corporate Bond ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-4,498.88", "AUM ($, mm)": "14,298.29", "% of AUM": "-31.46", "May 2024 Net Flows($,M)": "-2,367.17%"}, {"Ticker": "USMV", "Name": "iShares MSCI USA Min Vol Factor ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-3,931.20", "AUM ($, mm)": "23,716.71", "% of AUM": "-16.58", "May 2024 Net Flows($,M)": "-108.36%"}, {"Ticker": "IWD", "Name": "iShares Russell 1000 Value ETF", "Issuer": "Blackrock", "Net Flows ($, mm)": "-3,544.65", "AUM ($, mm)": "54,219.32", "% of AUM": "-6.54", "May 2024 Net Flows($,M)": "-170.73%"}, {"Ticker": "TFLO", "Name": "iS **Last 60 Days of Bitcoin's Closing Prices:** [63167.37, 68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-05-02 **Financial & Commodity Data:** - Gold Closing Price: $2299.20 - Crude Oil Closing Price: $78.95 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,126,825,055,812 - Hash Rate: 635054048.9222649 - Transaction Count: 559839.0 - Unique Addresses: 528151.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.43 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Cathie Wood, CEO of the investment firm ARK Invest, has significantly increased her bullish outlook onBitcoin's price trajectory. In a recent interview, sherevealedthat ARK has "brought forward" its previous $1 million price target for Bitcoin by 2030. Wood attributes this shift to the recent approval of spot Bitcoin ETFs in the United States. The surge in interest and investment potential unlocked by these ETFs has prompted ARK to re-evaluate Bitcoin's future. "That target...it was before the SEC gave us the green light," Wood explained, referring to the Securities and Exchange Commission's approval of spot Bitcoin ETFs. "And I think that was a major milestone, and it has pulled forward the timeline." While Bitcoin has already seen significant price appreciation, Wood believes the party is just getting started. Major financial institutions, like Morgan Stanley or Bank of America, have yet to fully embrace Bitcoin, according to Wood. "No platform has approved Bitcoin yet," she said. "So all of this price action has happened before they approve it, and so we haven't even begun." This lack of mainstream institutional involvement suggests even more significant price increases are on the horizon. Wood hinted at a revised price target "well above" $1 million by 2030, but declined to provide a specific figure.... - Reddit Posts (Sample): [['u/worldtraveller321', 'Important to Buy BTC now', 348, '2024-05-02 00:07', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/', 'Is it just me or am I wrong to think that right now. I am important to buy BTC at this moment. so people will have something of value. As everything else is going down in value?\n\nam I right?', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/', '1chysfv', [['u/Radiant_Childhood505', 144, '2024-05-02 00:18', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25rkao/', 'Look at Saylor he knows he\'s in an arms race. I said to myself before the ETFs launch, "Let\'s see if he buys above 50, then I said 60. Hell, he just bought his last 122 BTC for 7.8 million, so the average was 64000 on those! Yes, buy high, buy low, but good God buy buy buy.', '1chysfv'], ['u/Financial_Clue_2534', 144, '2024-05-02 00:20', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25rtj0/', 'Based on previous events nows a good time as Bitcoin typically has numerous 20% drops as it climbs up. \n\nI DCA but I also buy a bit more when we get this type of pullback. It hasn’t failed me yet.', '1chysfv'], ['u/Sudden_Agent_345', 71, '2024-05-02 00:25', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25sm2k/', 'you are important no matter what', '1chysfv'], ['u/PablovsPeanut', 15, '2024-05-02 00:25', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25spul/', 'Actual gold will be decent as well as silver. IMO BTC will be the best. No one can time it perfect because the best time to buy was obviously last cycle and that will always be the answer. From looking at past empires when they fall they fall hard and fast. The US is acting like an empire in decline.', '1chysfv'], ['u/Tasty-Lemon-2143', 240, '2024-05-02 00:34', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25u0e5/', 'This is the dip everyone was asking for 3 weeks ago....make your decision wisely.', '1chysfv'], ['u/LastRecognition4151', 69, '2024-05-02 00:38', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25up9c/', 'Saylor says he will always buy the top forever', '1chysfv'], ['u/BitcoinWell', 45, '2024-05-02 00:40', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25uzs4/', 'Not only are prices heavily discounted from a few weeks ago, but transaction fees are super low – high priority transactions are showing up as $3 on mempool right now.\n\nIts a great time to: \n- stack sats \n- take coins off the exchange and onto your own wallet (key in cold storage) \n- Consolidate UTXOs', '1chysfv'], ['u/BitcoinWell', 33, '2024-05-02 00:41', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25v30b/', 'in 2017 it happened 3 times before the big drop', '1chysfv'], ['u/Highly-Aggressive', 20, '2024-05-02 00:51', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25wnxx/', "*can't", '1chysfv'], ['u/thinkinon', 11, '2024-05-02 00:53', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25wzu1/', 'Goodness gracious, do you need a hug?', '1chysfv'], ['u/Financial_Clue_2534', 33, '2024-05-02 00:58', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25xsd1/', 'Started in 2016. Took til 2019for me to “get use” to it. I use to check prices all the time and stress out. In the past I tried to type the market to buy back cheaper and got burned. I found out just buy, DCA and hold you gain so much overtime.', '1chysfv'], ['u/RiskRambo', 29, '2024-05-02 01:02', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25yb78/', 'This seems like a very odd time to be selling your bitcoin.', '1chysfv'], ['u/19YoJimbo93', 16, '2024-05-02 01:08', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25zb92/', '<3 this is the energy we need', '1chysfv'], ['u/jluc21', 22, '2024-05-02 01:10', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l25zjy1/', 'what happened 3 times? it dropped 20% three times?', '1chysfv'], ['u/Cryptdego', 26, '2024-05-02 01:24', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l261ogx/', 'Would you say...power top!?!', '1chysfv'], ['u/cohortq', 12, '2024-05-02 01:45', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l264szu/', 'yes', '1chysfv'], ['u/gtbifmoney', 41, '2024-05-02 01:55', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l2669g8/', 'At this point, you have to be an actual dumbass to sell, and quite honestly, a gigantic pussy. There are institutions in this now with A LOT more to lose than you, they aren’t gonna just let this crash like the dark ages.\n\ntl;dr - “stop acting like a bitch a come on” - Deebo.', '1chysfv'], ['u/heinzmoleman', 10, '2024-05-02 02:10', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l268k8t/', 'If you are a true long term holder then there is never a bad time to buy BTC.', '1chysfv'], ['u/rokman', 40, '2024-05-02 02:17', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l269kv9/', 'Saylor doesn’t buy bitcoin, he has a company buy bitcoin while he sells stock and buys hookers and blow', '1chysfv'], ['u/marcio-a23', 27, '2024-05-02 02:21', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26a7ac/', 'I am doing the same thing \n\nI buy bitcoin with money and hookers with debt', '1chysfv'], ['u/Joeman106', 18, '2024-05-02 02:22', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26a9oc/', '… or you could just be someone using it as a store of value to save for things you couldn’t otherwise afford. I bought at 20k and just sold a sixth of it to go to Vegas for my 21st. You can buy more bitcoin but you can’t buy back experiences like that that otherwise couldn’t have happened', '1chysfv'], ['u/don123xyz', 14, '2024-05-02 02:22', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26ae7t/', "Yup, that's what I learned too after a year of trying to time the market. At the end I learned my lesson: just buy and hodl.", '1chysfv'], ['u/gtbifmoney', 11, '2024-05-02 02:39', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26cxbe/', 'Yeah, I don’t think the guy that sold 500 BTC for pizzas would agree…', '1chysfv'], ['u/listmann', 10, '2024-05-02 03:56', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26odc6/', "If history repeats its going to drop at least to 40k then go to 80k and above, I'm still buying regardless of the price untill I reach 2 BTC, might take me 10 years but wth", '1chysfv'], ['u/BBrillo614', 15, '2024-05-02 04:29', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26t4og/', 'I buy once or twice a week a couple hundred bucks or so. That was when it was high and when it was low. But since we broke down to 60k I’ve bought a metric fuck ton\nAka .19535 ;-) I suggest everyone load up and enjoy the ride!!!!', '1chysfv'], ['u/Pafeso_', 10, '2024-05-02 05:02', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l26xs0u/', 'nuh uh (then buy more)', '1chysfv'], ['u/Awkward_Potential_', 29, '2024-05-02 05:28', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l2711yu/', 'Exactly. And if it goes down further, who gives a shit. Grow a set and buy more.', '1chysfv'], ['u/enzeipetre', 11, '2024-05-02 06:36', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l2797iz/', "DCA down until the next peak. as it's always been", '1chysfv'], ['u/ClassroomCareful935', 10, '2024-05-02 06:53', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l27b4g6/', "We've had 7 months up. One or more months down is to be expected, also in a bull market. Not sure why this wouldn't be a dip.", '1chysfv'], ['u/grey-doc', 15, '2024-05-02 07:55', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l27h51x/', 'It happens in every bubble in every asset since forever.\n\nAnd then one day one of the bubbles cuts a little deeper and everyone becomes sad.', '1chysfv'], ['u/grey-doc', 12, '2024-05-02 08:16', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l27j412/', 'The old generation built huge corporations that will give you money in exchange for a piece of your life. A deal with the devil, I say, but a deal that ends with more hodling.', '1chysfv'], ['u/NeitherShift9027', 21, '2024-05-02 13:16', 'https://www.reddit.com/r/Bitcoin/comments/1chysfv/important_to_buy_btc_now/l288l79/', 'Managed to go from 0.21 to 0.30 in this dip. Pretty happy with that.', '1chysfv']]], ['u/JacksonRiot', 'Armory Deck: Boltyn', 124, '2024-05-02 02:05', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/', 'What do you think Boltyn needs in this [product](https://fabtcg.com/products/booster-set/armory-deck-boltyn/)?', 'https://www.reddit.com/gallery/1ci1jvf', '1ci1jvf', [['u/bluLoL', 39, '2024-05-02 02:17', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l269k5b/', "WOW! I can't wait to spend $40 to not have a play set of lumina ascension!", '1ci1jvf'], ['u/jovietjoe', 10, '2024-05-02 02:27', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l26b553/', 'I 100% guarantee there will be zero copies. The Kayo deck proved that their "this is a playable deck" hype was a fucking joke.', '1ci1jvf'], ['u/Razorcrest999', 16, '2024-05-02 02:29', 'https://www.reddit.com/r/FleshandBloodTCG/comments/1ci1jvf/armory_deck_boltyn/l26bfux/', 'This really needs a full playset of V of the vanguard and lumina ascension. Hopefully they give us at lea... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Block(NYSE: SQ)Q1 2024 Earnings CallMay 02, 2024,5:00 p.m. ET\n• Prepared Remarks\n• Questions and Answers\n• Call Participants\nOperator\nGood day, ladies and gentlemen, and welcome to the Block first quarter 2024 earnings conference call. Today's call will be 45 minutes. And I would now like to turn the call over to your host, Nikhil Dixit, head of investor relations. Please go ahead.\nNikhil Dixit--Head of Investor Relations\nHi, everyone. Thanks for joining our first quarter 2024 earnings call. We have Jack and Amrita with us today. We will begin this call with some short remarks before opening the call directly to your questions.\nDuring Q&A, we will take questions from conference call participants. We would also like to remind everyone that we will be making forward-looking statements on this call. All statements other than statements of historical fact could be deemed to be forward looking. These forward-looking statements include discussions of our outlook, strategy and guidance, as well as our long-term targets and goals.\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $508,797!*\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*.\nSee the 10 stocks »\n*Stock Advisor returns as of April 30, 2024\nWe may decide to shift our priorities or move away from these targets and goals at any time. These statements are subject to risks and uncertainties. Actual results could differ materially from those contemplated by our forward-looking statements. Reported results should not be considered an indication of future performance.\nPlease take a look at our filings with the SEC for a discussion of the factors that could cause our results to differ. Also note that the forward-looking statements on this call are based on information available to us as of today's date. We disclaim any obligation to update any forward-looking statements, except as required by law. Further discussion during this call of Cash App's banking services referred to those offered by our bank partners.\nWithin these remarks, we will also discuss metrics related to our investment framework, including Rule of 40. With Rule of 40, we are evaluating the sum of our gross profit growth and adjusted operating income margin. Also, we will discuss certain non-GAAP financial measures during this call. Reconciliations to the most directly comparable GAAP financial measures are provided in the shareholder letter and our historical financial information spreadsheet on our investor relations website.\nThese non-GAAP measures are not intended to be a substitute for our GAAP results. Finally, this call, in its entirety, is being audio webcast on our investor relations website. An audio replay of this call and the transcript for Jack and Amrita's opening remarks will be available on our website shortly. With that, I would like to turn it over to Jack.\nJack Dorsey--Co-Founder, Chairman, President, and Chief Executive Officer\nThank you all for joining us. In the last two quarters, I focused my shareholder letter on our priorities for Square and Cash App strategy to become one of the top providers of banking services. This quarter, my letter was focused on the Bitcoin strategy. If you haven't yet, please read that letter for details.\nBefore Amrita talks about our performance, there was a news report yesterday I wanted to address directly. In general, these sorts of stories can lack full context. First, we do not believe that there are any new investigation in the Block, but rather that these reports relate to the existing inquiry by the DOJ that we've previously disclosed. Second, there was critical information omitted from the article when it was first published.\nIn 2022, our compliance engineering risk team, who proactively investigates threats, identified signals that lead us to conduct a thorough review of transactions potentially associated with sanctioned countries. We voluntarily reported these to the Office of Foreign Assets Control, OFAC, where we were transparent with them, and we stand by the scope of the transactions that were included in the report. OFAC then issued us a No Action Letter in which they determine no further investigation or action was needed at the time. This is how the process is supposed to work and this outcome not originally included in the article.\nThird, as it relates to preventing terrorist financing via Bitcoin, we have a robust control environment in place to mitigate exposure from adversaries. For instance, we use industry-leading blockchain analytics firms to screen transactions in real time. We also maintain some of the most restrictive limits in the industry for on-chain Bitcoin withdrawals, which are deliberately calibrated to prevent bad activity. And of course, we require identity verification for customers engaging with our Bitcoin products and file suspicious activity reports when warranted, which is an important contributor to keeping the broader financial ecosystem safe and secure.\nWe take compliance seriously at Block. Our culture of compliance is foundational to our work. We have a radically transparent culture that supports us. Employees are empowered to raise issues through multiple channels, including directly to me or anonymously through our whistleblower hotline.\nWe continuously improve our compliance program based on the number of different inputs, including self-identified issues, audits and guidance from our regulators. Adversaries have always and will continue to try to exploit the global financial system. No company is perfect at preventing this. Our work is to constantly be steps ahead of their attacks through better use of technology.\nThis includes leveraging industry-leading machine learning models and product controls aimed at detecting and preventing bad activity in real time. It's an always-on part of our business, and it always will be. And with that, I'll turn it over to Amrita to talk about the quarter.\nAmrita Ahuja--Chief Financial Officer\nThanks, Jack. I'll keep my remarks brief as we've included information on our performance and guidance in the financial discussion of our shareholder letter. We delivered strong results across the company during the first quarter. Gross profit was $2.09 billion, up 22% year over year, consistent with the fourth quarter.\nAdjusted EBITDA was $705 million, nearly doubling year over year. And adjusted operating income was $364 million, up seven times year over year. By business, Cash App's gross profit was $1.26 billion, up 25% year over year. And Square's gross profit was $820 million, up 19% year over year.\nGross profit outperformance compared to our guidance was mostly driven by Cash App. We saw strength across Buy Now, Pay Later, Bitcoin, Cash App Borrow and Cash App Card, where we had 24 million monthly actives. Inflows per active were up 11% year over year in the quarter for our highest growth since the fourth quarter of 2021. Square's GPV growth in the quarter was in line with our expectations as we saw continued moderation in same-store sales growth.\nThis was more than offset by strong attach rates on our broader ecosystem of software and banking products. Our profitability improved as we showed discipline across a range of expenses, ending the quarter below our 12,000-person cap and achieving leverage on corporate overhead expenses. For the 12 months ending in March, adjusted free cash flow was $1.1 billion, up more than 2.5 times compared to the prior 12 months, and represented 50% of adjusted EBITDA, an improvement, compared to the 36% conversion rate in the prior period. Turning to our expectations for the remainder of the year.\nWe are raising our full year 2024 guidance for both gross profit and profitability, not only reflecting the Q1 outperformance but also reflecting our raised expectations for the remainder of the year. For full year 2024, we are now expecting gross profit of at least $8.78 billion or 17% growth year over year. We expect Cash App's gross profit growth to moderate slightly from the first quarter's 25% as we lap some meaningful pricing and structural cost benefits, with relatively stable growth from the second quarter through fourth quarter. For Square, we expect gross profit growth to moderate from the first quarter's 19% growth rate as we lap strong banking performance and pricing changes from the prior year.\nIn the back half of the year, we expect GPV growth to be stable to improving behind more favorable same-store growth comparisons, with a narrowing delta between gross profit and GPV growth rates. We continue to focus on initiatives that improve our product velocity. These include several upcoming launches that further our strategies for Cash App and Square, most notably testing and rolling out Afterpay on Cash App Card and for Square, completing the orders migration this summer and conversion to a single app by year-end. These initiatives remain on track, and we expect them to benefit our growth into 2025 and beyond.\nFor profitability in 2024, we are now expecting at least $1.3 billion in adjusted operating income or 15% margins on gross profit. With efficiency initiatives underway to improve our structural costs and corporate overhead, we also see opportunities to invest in the back half of the year in high-return areas like sales and marketing that can drive future growth. Our updated guidance now implies a Rule of 32 for full year 2024 **Last 60 Days of Bitcoin's Closing Prices:** [68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-05-03 **Financial & Commodity Data:** - Gold Closing Price: $2299.00 - Crude Oil Closing Price: $78.11 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,225,100,635,200 - Hash Rate: 564979119.3860149 - Transaction Count: 442742.0 - Unique Addresses: 537019.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.48 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • US stocks climbed Thursday following Jerome Powell's testimony to Congress. • The S&P 500 and Nasdaq both hit record highs in trading. • Traders on Friday will be assessing the February nonfarm payroll report. US stocks notched fresh records on Thursday as investors cheered comments from Federal Reserve Chairman Jerome Powell nodding to rate cuts coming this year. In his testimony before the Senate Banking Committee, Powell said he anticipates the central bank will bring down borrowing costs before the end of the year, though the cutting process won't begin imminently. Hedoubled down on his Wednesday commentsregarding easing policy. The economy has proved resilient so far despite monetary policy tightening, in Powell's view, and he said it was a "big surprise" that inflation steadily cooled without any sizable gains in the unemployment rate. The S&P 500 and Nasdaq both touched record highs, jumping 1.03% and 1.51%, respectively. Nvidia led the way among tech names on Thursday, gaining more than 4% and creeping closer to surpassing Apple's market cap of roughly $2.63 trillion. Shares of the chip maker have gained more than 91% year-to-date. Danish drug maker Novo Nordisk spike to a record high after it shared an update on a new obesity drug that might be even more effective than its hugely popular weight loss drug Wegovy. Meanwhile, Thursday's jobless claims report for the week up to March 2 fell in line with expectations at 217,000. Continuing claims increased by about 8,000 to 1.9 million, also in line with expectations. Traders will be watching for the nonfarm payrolls report, due Friday, as another data point to hint at when the central bank could make its next move. Expectations are for employers to have added 198,000 jobs last month, lower than the stunning 353,000 added in January. Optimism for a soft landing has ramped up over recent months, with the upbeat outlook reaching America's top brass.Business Roundtable's quarterly CEO sentiment surveyspiked by 11 points in the first quarter, climbing above its long-term average for the first time in two years. Across the Atlantic, the European Central Bank held benchmark interest rates steady and pulled back its economic growth outlook for the year ahead. Here's where US indexes stood as the market closed at 4:00 p.m. on Thursday: • S&P 500:5,157.34, up 1.03% • Dow Jones Industrial Average:38,791.21, up 0.31% (+121.50 points) • Nasdaq Composite:16,273.38, up 1.51% Here's what else is going on: • The stock market's most popular valuation tool isonly useful for the long term, an equity strategist said. • Bitcoin is replacing goldin many investors' portfolios. • Today's stock market ismissing two key bubble ingredients. • Goldman Sachs saidstock market buybackswill rebound to $925 billion in 2024. • China has snapped up a huge amount of gold for16 months in a row. • JPMorgan said retail traders have beenditching Magnificent Seven stocksfor pharma names like Eli Lilly. In commodities, bonds, and crypto: • Oil prices dropped, withWest Texas Intermediatedown 0.2% to $78.95 a barrel.Brent crude, the international benchmark, moved lower 0.1% to $82.88 a barrel. • Goldedged higher 0.4% to $2,166.70 per ounce. • The10-year Treasury yieldedged lower to 4.09%. • Bitcoinclimbed 0.47% to $67,512. 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.
63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Block(NYSE: SQ)Q1 2024 Earnings CallMay 02, 2024,5:00 p.m. ET\n• Prepared Remarks\n• Questions and Answers\n• Call Participants\nOperator\nGood day, ladies and gentlemen, and welcome to the Block first quarter 2024 earnings conference call. Today's call will be 45 minutes. And I would now like to turn the call over to your host, Nikhil Dixit, head of investor relations. Please go ahead.\nNikhil Dixit--Head of Investor Relations\nHi, everyone. Thanks for joining our first quarter 2024 earnings call. We have Jack and Amrita with us today. We will begin this call with some short remarks before opening the call directly to your questions.\nDuring Q&A, we will take questions from conference call participants. We would also like to remind everyone that we will be making forward-looking statements on this call. All statements other than statements of historical fact could be deemed to be forward looking. These forward-looking statements include discussions of our outlook, strategy and guidance, as well as our long-term targets and goals.\nBefore you buy stock in Block, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Block wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $508,797!*\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*.\nSee the 10 stocks »\n*Stock Advisor returns as of April 30, 2024\nWe may decide to shift our priorities or move away from these targets and goals at any time. These statements are subject to risks and uncertainties. Actual results could differ materially from those contemplated by our forward-looking statements. Reported results should not be considered an indication of future performance.\nPlease take a look at our filings with the SEC for a discussion of the factors that could cause our results to differ. Also note that the forward-looking statements on this call are based on information available to us as of today's date. We disclaim any obligation to update any forward-looking statements, except as required by law. Further discussion during this call of Cash App's banking services referred to those offered by our bank partners.\nWithin these remarks, we will also discuss metrics related to our investment framework, including Rule of 40. With Rule of 40, we are evaluating the sum of our gross profit growth and adjusted operating income margin. Also, we will discuss certain non-GAAP financial measures during this call. Reconciliations to the most directly comparable GAAP financial measures are provided in the shareholder letter and our historical financial information spreadsheet on our investor relations website.\nThese non-GAAP measures are not intended to be a substitute for our GAAP results. Finally, this call, in its entirety, is being audio webcast on our investor relations website. An audio replay of this call and the transcript for Jack and Amrita's opening remarks will be available on our website shortly. With that, I would like to turn it over to Jack.\nJack Dorsey--Co-Founder, Chairman, President, and Chief Executive Officer\nThank you all for joining us. In the last two quarters, I focused my shareholder letter on our priorities for Square and Cash App strategy to become one of the top providers of banking services. This quarter, my letter was focused on the Bitcoin strategy. If you haven't yet, please read that letter for details.\nBefore Amrita talks about our performance, there was a news report yesterday I wanted to address directly. In general, these sorts of stories can lack full context. First, we do not believe that there are any new investigation in the Block, but rather that these reports relate to the existing inquiry by the DOJ that we've previously disclosed. Second, there was critical information omitted from the article when it was first published.\nIn 2022, our compliance engineering risk team, who proactively investigates threats, identified signals that lead us to conduct a thorough review of transactions potentially associated with sanctioned countries. We voluntarily reported these to the Office of Foreign Assets Control, OFAC, where we were transparent with them, and we stand by the scope of the transactions that were included in the report. OFAC then issued us a No Action Letter in which they determine no further investigation or action was needed at the time. This is how the process is supposed to work and this outcome not originally included in the article.\nThird, as it relates to preventing terrorist financing via Bitcoin, we have a robust control environment in place to mitigate exposure from adversaries. For instance, we use industry-leading blockchain analytics firms to screen transactions in real time. We also maintain some of the most restrictive limits in the industry for on-chain Bitcoin withdrawals, which are deliberately calibrated to prevent bad activity. And of course, we require identity verification for customers engaging with our Bitcoin products and file suspicious activity reports when warranted, which is an important contributor to keeping the broader financial ecosystem safe and secure.\nWe take compliance seriously at Block. Our culture of compliance is foundational to our work. We have a radically transparent culture that supports us. Employees are empowered to raise issues through multiple channels, including directly to me or anonymously through our whistleblower hotline.\nWe continuously improve our compliance program based on the number of different inputs, including self-identified issues, audits and guidance from our regulators. Adversaries have always and will continue to try to exploit the global financial system. No company is perfect at preventing this. Our work is to constantly be steps ahead of their attacks through better use of technology.\nThis includes leveraging industry-leading machine learning models and product controls aimed at detecting and preventing bad activity in real time. It's an always-on part of our business, and it always will be. And with that, I'll turn it over to Amrita to talk about the quarter.\nAmrita Ahuja--Chief Financial Officer\nThanks, Jack. I'll keep my remarks brief as we've included information on our performance and guidance in the financial discussion of our shareholder letter. We delivered strong results across the company during the first quarter. Gross profit was $2.09 billion, up 22% year over year, consistent with the fourth quarter.\nAdjusted EBITDA was $705 million, nearly doubling year over year. And adjusted operating income was $364 million, up seven times year over year. By business, Cash App's gross profit was $1.26 billion, up 25% year over year. And Square's gross profit was $820 million, up 19% year over year.\nGross profit outperformance compared to our guidance was mostly driven by Cash App. We saw strength across Buy Now, Pay Later, Bitcoin, Cash App Borrow and Cash App Card, where we had 24 million monthly actives. Inflows per active were up 11% year over year in the quarter for our highest growth since the fourth quarter of 2021. Square's GPV growth in the quarter was in line with our expectations as we saw continued moderation in same-store sales growth.\nThis was more than offset by strong attach rates on our broader ecosystem of software and banking products. Our profitability improved as we showed discipline across a range of expenses, ending the quarter below our 12,000-person cap and achieving leverage on corporate overhead expenses. For the 12 months ending in March, adjusted free cash flow was $1.1 billion, up more than 2.5 times compared to the prior 12 months, and represented 50% of adjusted EBITDA, an improvement, compared to the 36% conversion rate in the prior period. Turning to our expectations for the remainder of the year.\nWe are raising our full year 2024 guidance for both gross profit and profitability, not only reflecting the Q1 outperformance but also reflecting our raised expectations for the remainder of the year. For full year 2024, we are now expecting gross profit of at least $8.78 billion or 17% growth year over year. We expect Cash App's gross profit growth to moderate slightly from the first quarter's 25% as we lap some meaningful pricing and structural cost benefits, with relatively stable growth from the second quarter through fourth quarter. For Square, we expect gross profit growth to moderate from the first quarter's 19% growth rate as we lap strong banking performance and pricing changes from the prior year.\nIn the back half of the year, we expect GPV growth to be stable to improving behind more favorable same-store growth comparisons, with a narrowing delta between gross profit and GPV growth rates. We continue to focus on initiatives that improve our product velocity. These include several upcoming launches that further our strategies for Cash App and Square, most notably testing and rolling out Afterpay on Cash App Card and for Square, completing the orders migration this summer and conversion to a single app by year-end. These initiatives remain on track, and we expect them to benefit our growth into 2025 and beyond.\nFor profitability in 2024, we are now expecting at least $1.3 billion in adjusted operating income or 15% margins on gross profit. With efficiency initiatives underway to improve our structural costs and corporate overhead, we also see opportunities to invest in the back half of the year in high-return areas like sales and marketing that can drive future growth. Our updated guidance now implies a Rule of 32 for full year 2024 **Last 60 Days of Bitcoin's Closing Prices:** [68330.41, 63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-05-03 **Financial & Commodity Data:** - Gold Closing Price: $2299.00 - Crude Oil Closing Price: $78.11 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,225,100,635,200 - Hash Rate: 564979119.3860149 - Transaction Count: 442742.0 - Unique Addresses: 537019.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.48 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • US stocks climbed Thursday following Jerome Powell's testimony to Congress. • The S&P 500 and Nasdaq both hit record highs in trading. • Traders on Friday will be assessing the February nonfarm payroll report. US stocks notched fresh records on Thursday as investors cheered comments from Federal Reserve Chairman Jerome Powell nodding to rate cuts coming this year. In his testimony before the Senate Banking Committee, Powell said he anticipates the central bank will bring down borrowing costs before the end of the year, though the cutting process won't begin imminently. Hedoubled down on his Wednesday commentsregarding easing policy. The economy has proved resilient so far despite monetary policy tightening, in Powell's view, and he said it was a "big surprise" that inflation steadily cooled without any sizable gains in the unemployment rate. The S&P 500 and Nasdaq both touched record highs, jumping 1.03% and 1.51%, respectively. Nvidia led the way among tech names on Thursday, gaining more than 4% and creeping closer to surpassing Apple's market cap of roughly $2.63 trillion. Shares of the chip maker have gained more than 91% year-to-date. Danish drug maker Novo Nordisk spike to a record high after it shared an update on a new obesity drug that might be even more effective than its hugely popular weight loss drug Wegovy. Meanwhile, Thursday's jobless claims report for the week up to March 2 fell in line with expectations at 217,000. Continuing claims increased by about 8,000 to 1.9 million, also in line with expectations. Traders will be watching for the nonfarm payrolls report, due Friday, as another data point to hint at when the central bank could make its next move. Expectations are for employers to have added 198,000 jobs last month, lower than the stunning 353,000 added in January. Optimism for a soft landing has ramped up over recent months, with the upbeat outlook reaching America's top brass.Business Roundtable's quarterly CEO sentiment surveyspiked by 11 points in the first quarter, climbing above its long-term average for the first time in two years. Across the Atlantic, the European Central Bank held benchmark interest rates steady and pulled back its economic growth outlook for the year ahead. Here's where US indexes stood as the market closed at 4:00 p.m. on Thursday: • S&P 500:5,157.34, up 1.03% • Dow Jones Industrial Average:38,791.21, up 0.31% (+121.50 points) • Nasdaq Composite:16,273.38, up 1.51% Here's what else is going on: • The stock market's most popular valuation tool isonly useful for the long term, an equity strategist said. • Bitcoin is replacing goldin many investors' portfolios. • Today's stock market ismissing two key bubble ingredients. • Goldman Sachs saidstock market buybackswill rebound to $925 billion in 2024. • China has snapped up a huge amount of gold for16 months in a row. • JPMorgan said retail traders have beenditching Magnificent Seven stocksfor pharma names like Eli Lilly. In commodities, bonds, and crypto: • Oil prices dropped, withWest Texas Intermediatedown 0.2% to $78.95 a barrel.Brent crude, the international benchmark, moved lower 0.1% to $82.88 a barrel. • Goldedged higher 0.4% to $2,166.70 per ounce. • The10-year Treasury yieldedged lower to 4.09%. • Bitcoinclimbed 0.47% to $67,512. 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. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
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You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["The Grayscale Bitcoin Trust (GBTC), the largest bitcoin ETF by assets, saw a net inflow of new money from investors,according to Farside Investors, the first daily increase since the product debuted in January.\nA net $63 million was added on Friday, according to Farside'stally.\nThe Grayscale product had been the dominant conventional investment vehicle for those looking to invest in bitcoin {{BTC}} without directly purchasing the cryptocurrency. But it got competition in January when it wasconvertedinto an easier-to-trade ETF at the same time nine rival spot bitcoin ETFs began trading.\nGBTC has much higher fees, and investors yanked billions of dollars from it. Its bitcoin holdings have dropped from more than 600,000 bitcoin toaround 290,000bitcoin, according to fund data compiled by CoinDesk.\nRead more:Grayscale's Planned Mini Bitcoin ETF Will Have a 0.15% Fee, the Lowest Among Spot Bitcoin ETFs\nWhile the Friday inflow ends the streak of net GBTC withdrawals, BlackRock's iShares Bitcoin Trust (IBIT) is challenging the fund for the title of biggest bitcoin ETF. GBTC now has$18.1 billionin assets, versus IBIT's$16.9 billion. IBIT, now in second place, started at zero in January, while GBTC had more than $26 billion.", "The Grayscale Bitcoin Trust (GBTC), the largest bitcoin ETF by assets, saw a net inflow of new money from investors,according to Farside Investors, the first daily increase since the product debuted in January.\nA net $63 million was added on Friday, according to Farside'stally.\nThe Grayscale product had been the dominant conventional investment vehicle for those looking to invest in bitcoin {{BTC}} without directly purchasing the cryptocurrency. But it got competition in January when it wasconvertedinto an easier-to-trade ETF at the same time nine rival spot bitcoin ETFs began trading.\nGBTC has much higher fees, and investors yanked billions of dollars from it. Its bitcoin holdings have dropped from more than 600,000 bitcoin toaround 290,000bitcoin, according to fund data compiled by CoinDesk.\nRead more:Grayscale's Planned Mini Bitcoin ETF Will Have a 0.15% Fee, the Lowest Among Spot Bitcoin ETFs\nWhile the Friday inflow ends the streak of net GBTC withdrawals, BlackRock's iShares Bitcoin Trust (IBIT) is challenging the fund for the title of biggest bitcoin ETF. GBTC now has$18.1 billionin assets, versus IBIT's$16.9 billion. IBIT, now in second place, started at zero in January, while GBTC had more than $26 billion.", '• US stocks soared on Friday, with the Nasdaq 100 closing higher by about 1% for the week.\n• Solid earnings results and a weaker-than-expected April jobs report helped push stock prices higher.\n• "The case for rate cuts got a little stronger today. Goldilocks could be making a comeback," TradeStation\'s David Russell said.\nUS stocks surged on Friday after a solid Apple earnings report and a weaker-than-expected April jobs report, which increased the chances of an interest rate cut from the Federal Reserve later this year.\nTheUS economy added 175,000 jobs in April,well below economists\' forecast of 238,000 jobs and far short of the 303,000 added in March. Meanwhile, the unemployment rate ticked higher, to 3.9% from 3.8%. The jobs report also showed the slowest year-over-year wage growth since June 2021.\n"Worries about wage pressures have dragged on the market recently and today\'s number relieves some of those fears. The first quarter had several difficult numbers on the inflation front but the second quarter might be starting on a cooler footing. The case for rate cuts got a little stronger today. Goldilocks could be making a comeback," TradeStation market strategist David Russell said in comments to Business Insider.\nThe light jobs report should ultimately give the Fed more flexibility in speeding up the timing of rate cuts, and bond yields fell significantly with that sentiment in mind. The 10-year Treasury note dropped 8 basis points to 4.50%.\nAlso helping boost stocks Friday wasApple, which surged about 7% afterit reported a better-than-feared second-quarter earnings report.The iPhone maker also launched a historic $110 billion stock-buyback program and increased its quarterly dividend by 4%, which was cheered by investors.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:5,127.79, up 1.26%\n• Dow Jones Industrial Average:38,675.68, up 1.18% (+450.02 points)\n• Nasdaq composite:16,156.33, up 1.99%\nHere\'s what else happened today:\n• Here\'s a breakdown of Apple\'s second-quarter earnings reportand comments from the company\'s earnings call.\n• The stock market\'s bull run will end in either a bubble or a recession, the Bank of America strategist Michael Hartnett said.\n• Apple\'s $110 billion stock-buyback program is worth more than the total value of companiesincluding Boeing, Chipotle, and Airbnb.\n• Treasury Secretary Janet Yellen voiced concerns to Congress about the difficulty of buying a starter home in America.\n• Amgen soared 16% after it talked up its new weight-loss drugthat could be administered monthly instead of weekly.\n• Trump Media stock dropped after the SEC charged its auditor with "massive fraud."\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dropped 1.15% to $78.04 a barrel.Brent crude, the international benchmark, declined 0.98% to $82.85 a barrel.\n• Goldedged lower by 0.13% to $2,306.60 an ounce.\n• The 10-year Treasury yield fell 8 basis points to 4.50%.\n• Bitcoinjumped 4.51% to $61,748.\nRead the original article onBusiness Insider', "Retiring a millionaire doesn't happen by accident. It takes years of patience, discipline, and steady investment returns. Because of their simplicity, exchange-traded funds can be the perfect fit for any long-term investor.\nExchange-traded funds, or ETFs, are buckets of individual stocks that trade under one ticker. It's a simple way for investors to diversify their portfolios because a few ETFs can expose you to hundreds of companies.\nIt's still important to invest based on your personality and risk tolerance. So, here are three very different ETFs that can help you build wealth over decades and potentially hit that million-dollar mark by the time you retire.\nConsider starting with the basics. That would point you to theVanguard S&P 500 ETF(NYSEMKT: VOO), one of only two ETFs Warren Buffett's company,Berkshire Hathaway, holds in its multibillion-dollar stock portfolio. The idea of this fund is simple. TheS&P 500is an index of 500 of America's most prominent companies. Think of the household names that everyone, even non-investors, knows. The index weighs them by theirmarket capto make the index, which has historically been remarkably effective at building wealth, averaging roughly 10% annual returns over the long term.\nVanguard S&P 500 ETF's top-10 largest positions include:\n1. Microsoft: 7.08%\n2. Apple: 5.63%\n3. Nvidia: 5.05%\n4. Amazon: 3.73%\n5. Meta Platforms: 2.42%\n6. Alphabet Class A: 2.01%\n7. Berkshire Hathaway Class B: 1.73%\n8. Alphabet Class C: 1.70%\n9. Eli Lilly & Co: 1.40%\n10. Broadcom: 1.32%\nYou should include this fund in your portfolio because the S&P 500 ultimately represents the best companies from the world's best economy. It's always recovered from wars, recessions, and other crises to hit new highs. You don't have to make it overly complicated. Just buy and hold this stand-in for the broader stock market.\nTruly diversifying your investments means stepping outside the world of individual companies and considering new assets altogether. Consider theGrayscale Bitcoin Trust ETF(NYSEMKT: GBTC). This is the prominent ETF centered aroundBitcoin.\nGrayscale Bitcoin Trust ETF offers the best of both worlds. Investors can benefit from Bitcoin's price movement by owning shares, which have far outpaced the broader stock market over the past decade. Why would you own the fund instead of just buying Bitcoin? Well, owning shares of the fund is handled just like owning any other stock. You can stash it in your stock portfolio, and the security is monitored by the Securities and Exchange Commission (SEC).\nMeanwhile, owning Bitcoin yourself could mean having to deal with storing the tokens, which could backfire if you forget your password, which has infamously locked some early Bitcoin investors out of their millions of dollars worth of crypto. Grayscale Bitcoin Trust ETF is theeasy buttonof investing in Bitcoin, and there's nothing wrong with going that route.\nLet's stick with the theme of new asset classes. Sometimes, investors want passive income and aren't necessarily interested in maximizing price-based returns. TheiShares 20+ Year Treasury Bond ETF(NASDAQ: TLT)could be for you. It's a fund of U.S. Treasury bonds, all with at least 20 years remaining until maturity.\nThe fund has averaged a nearly 4% yield over the past 12 months and 4.75% over the last 30 days. Its beta of 0.6 implies that the fund is less volatile than the broader stock market. In other words, the iShares 20+ Year Treasury Bond ETF is a glacier where investors can store money and expect safe passive income relative to stocks.\nInvestors in their 20s can probably avoid this fund due to its conservative nature; they have the time horizon to lean wholly into maximizing growth. However, it would be best to consider adding some Treasury bonds to your portfolio as you age and your margin for investing error shrinks. Treasury bonds are a great place to find low-risk income; this fund makes it easy for you.\nBefore you buy stock in Vanguard S&P 500 ETF, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Vanguard S&P 500 ETF wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $525,806!*\nStock Adv **Last 60 Days of Bitcoin's Closing Prices:** [63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-05-04 **Financial & Commodity Data:** - Gold Closing Price: $2299.00 - Crude Oil Closing Price: $78.11 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,252,006,662,000 - Hash Rate: 617535316.5382024 - Transaction Count: 660263.0 - Unique Addresses: 473521.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.67 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Despite the inflation-powered downswing in 2022, investing markets are on a sustained roll. If you put $1,000 into anS&P 500(SNPINDEX: ^GSPC)index fund four years ago, you'd have $2,167 today. The halving ofBitcoin(CRYPTO: BTC)rewards in May 2020 led to another cycle of price gains and moderation, punctuated with the approval ofexchange-traded funds (ETFs)reflecting spot-price Bitcoin values three months ago. Hence, $1,000 of Bitcoin has grown to $10,690 over the same four-year span. But neither Bitcoin nor the stock market could hold a candle toEthereum(CRYPTO: ETH). Putting $1,000 into the leading smart contract currency in April 2020, you'd have a cool $26,800 in your digital wallet by now. The cryptocurrency is now worth $3,430 per coin, up from $1,800 a year ago and $133 in early April, 2020. But past performance is not a guarantee of future results. Does Ethereum have any game-changing moves up its sleeve, comparable to Bitcoin's next 50% cut of mining rewards? Is this digital asset likely to continue its market-beating surge in 2024 and beyond? The answer to these two crucial questions is "yes" and "I wouldn't be surprised." Read on to see what Ethereum's developer community is up to next, and what investors should expect from this crypto veteran in the near future. First,that initial batch of 11 spot Bitcoin ETFsarguably opened the floodgates for other types of cryptocurrency funds. Many of the investing firms in January's approval round have already filed applications to the Securities and Exchange Commission (SEC), aiming to introduce Ethereum-based ETFs as soon as possible. Some of the potential Ethereum ETF sponsors aren't in a hurry, though. For example, Bitwise chief investment officer Matt Hougan recently gave Ethereum ETF approvals a 50% chance in May 2024 -- but he might actually prefer a delay to December. You see, market makers and investors are still wrapping their heads around the brand-new Bitcoin ETFs. Launching another type of big-name cryptocurrency ETF into this buzzing market could be counterproductive. "It's just hard to get people to focus past Bitcoin at this point from professional investors," Hougan said in a Forbes interview last weekend. "TradFi is still digesting bitcoin and if you give [traditional finance] time to get comfortable with bitcoin and crypto, they will be ready for the next thing. But if you shove it down their throat in May, I'm not sure they will be." In other words, the company behind theBitwise Bitcoin ETF(NYSEMKT: BITB)expects Wall Street to be hungry for Ethereum ETFs once the Bitcoin furor dies down. As such, Bitwise filed for an Ethereum ETF approval last Friday, biding its time while doing homework on Ethereum's long-term prospects. So the market trends you see around Bitcoin these days should repeat for Ethereum at some point. The timing of the approvals may make a difference, at least initially. But once the two largest cryptocurrencies have gone through the growing pains of this new investing route, the long-term effects should be the same -- a more robust asset class with wider access to investors who can't or won't buy cryptocurrencies directly. In particular, the expected influx of deep-pocketed institutional investors could add game-changing tailwinds for both Bitcoin and Ethereum. I just don't know whether we'll see these micro-dramas play out in 2024, 2025, or perhaps even later. ETF approvals are underway, but their timing and exact details are in the hands of slow-moving regulators. The Ethereum community has more control over another part of the cryptocurrency's price catalysts: technical improvements to the blockchain network's operating code. One important upgrade took effect on March 13. The so-called Dencun update introduced shard blob transactions, which makes easily processed bundles out of unrelated Ethereum transactions. The big idea is to speed up processing and lower transaction fees, taking a series of smaller steps toward a more effective network. These steps will continue in 2024, followed by a more abrupt technical shift thereafter. Ethereum co-founder Vitalik Buterin has outlined the next development phase, nicknamed "The Purge." In a blog post last month, Buterin explained how cleaning out a bunch of obsolete security functions will provide more space for transaction data in each Ethereum contract. As always, this process will be slow and steady with the final cleanup scheduled "a few years down the line." So there are significant platform changes en route to Ethereum's operating platform. Some steps are coming up soon and others will take a long time. The important takeaway is that Ethereum is evolving to meet the requirements of a more hectic cryptocurrency market. The community is especially interested in making smart contracts smarter, cheaper, and more secure in order to keep up with challenges from alternative smart contract coins such asAvalancheandSolana. And that brings be to a third class of potential catalysts. Ethereum wouldn't need a faster and sleeker transaction system if the demand for smart contracts weren't on the rise. The combination of wider public awareness and incoming technical improvements should result in more interest from app developers, leading up to the first "killer apps" in simmering fields like decentralized finance and Web3 tools. The precise timing of these improvements is up in the air, but important Ethereum backers like Vitalik Buterin will do their best to move the Ethereum community forward. If you build it, the killer apps and mass-market success stories will come. Can these catalysts drive Ethereum prices all the way to $10,000 by the end of this year? Anything is possible but I wouldn't make time-limited bets on it. It's better to build a diversified portfolio of robust cryptocurrencies, stocks, and other asset types, and let the overall value of that collection rise at its own pace. Investing is a marathon, not a sprint -- and crypto investors are also better served by patient endurance than by throwing value darts at the calendar. So I would say that Ethereum is poised to grow in value for years to come, and I do expect the price to rise in 2024. I just can't promise that it will break the $10,000 barrier by the holidays. Patience is a digital virtue, dear reader. Should you invest $1,000 in Ethereum right now? Before you buy stock in Ethereum, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of S&P 500 since 2002*. See the 10 stocks *Stock Advisor returns as of April 1, 2024 Anders Bylundhas positions in Bitcoin, Bitwise Bitcoin ETF Trust, Cardano, Ethereum, and Solana. The Motley Fool has positions in and recommends Bitcoin, Cardano, Ethereum, and Solana. The Motley Fool has adisclosure policy. Will Ethereum Ride the Crypto Bull and Reach $10,000 in 2024?was originally published by The Motley Fool... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79
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:** ["The Grayscale Bitcoin Trust (GBTC), the largest bitcoin ETF by assets, saw a net inflow of new money from investors,according to Farside Investors, the first daily increase since the product debuted in January.\nA net $63 million was added on Friday, according to Farside'stally.\nThe Grayscale product had been the dominant conventional investment vehicle for those looking to invest in bitcoin {{BTC}} without directly purchasing the cryptocurrency. But it got competition in January when it wasconvertedinto an easier-to-trade ETF at the same time nine rival spot bitcoin ETFs began trading.\nGBTC has much higher fees, and investors yanked billions of dollars from it. Its bitcoin holdings have dropped from more than 600,000 bitcoin toaround 290,000bitcoin, according to fund data compiled by CoinDesk.\nRead more:Grayscale's Planned Mini Bitcoin ETF Will Have a 0.15% Fee, the Lowest Among Spot Bitcoin ETFs\nWhile the Friday inflow ends the streak of net GBTC withdrawals, BlackRock's iShares Bitcoin Trust (IBIT) is challenging the fund for the title of biggest bitcoin ETF. GBTC now has$18.1 billionin assets, versus IBIT's$16.9 billion. IBIT, now in second place, started at zero in January, while GBTC had more than $26 billion.", "The Grayscale Bitcoin Trust (GBTC), the largest bitcoin ETF by assets, saw a net inflow of new money from investors,according to Farside Investors, the first daily increase since the product debuted in January.\nA net $63 million was added on Friday, according to Farside'stally.\nThe Grayscale product had been the dominant conventional investment vehicle for those looking to invest in bitcoin {{BTC}} without directly purchasing the cryptocurrency. But it got competition in January when it wasconvertedinto an easier-to-trade ETF at the same time nine rival spot bitcoin ETFs began trading.\nGBTC has much higher fees, and investors yanked billions of dollars from it. Its bitcoin holdings have dropped from more than 600,000 bitcoin toaround 290,000bitcoin, according to fund data compiled by CoinDesk.\nRead more:Grayscale's Planned Mini Bitcoin ETF Will Have a 0.15% Fee, the Lowest Among Spot Bitcoin ETFs\nWhile the Friday inflow ends the streak of net GBTC withdrawals, BlackRock's iShares Bitcoin Trust (IBIT) is challenging the fund for the title of biggest bitcoin ETF. GBTC now has$18.1 billionin assets, versus IBIT's$16.9 billion. IBIT, now in second place, started at zero in January, while GBTC had more than $26 billion.", '• US stocks soared on Friday, with the Nasdaq 100 closing higher by about 1% for the week.\n• Solid earnings results and a weaker-than-expected April jobs report helped push stock prices higher.\n• "The case for rate cuts got a little stronger today. Goldilocks could be making a comeback," TradeStation\'s David Russell said.\nUS stocks surged on Friday after a solid Apple earnings report and a weaker-than-expected April jobs report, which increased the chances of an interest rate cut from the Federal Reserve later this year.\nTheUS economy added 175,000 jobs in April,well below economists\' forecast of 238,000 jobs and far short of the 303,000 added in March. Meanwhile, the unemployment rate ticked higher, to 3.9% from 3.8%. The jobs report also showed the slowest year-over-year wage growth since June 2021.\n"Worries about wage pressures have dragged on the market recently and today\'s number relieves some of those fears. The first quarter had several difficult numbers on the inflation front but the second quarter might be starting on a cooler footing. The case for rate cuts got a little stronger today. Goldilocks could be making a comeback," TradeStation market strategist David Russell said in comments to Business Insider.\nThe light jobs report should ultimately give the Fed more flexibility in speeding up the timing of rate cuts, and bond yields fell significantly with that sentiment in mind. The 10-year Treasury note dropped 8 basis points to 4.50%.\nAlso helping boost stocks Friday wasApple, which surged about 7% afterit reported a better-than-feared second-quarter earnings report.The iPhone maker also launched a historic $110 billion stock-buyback program and increased its quarterly dividend by 4%, which was cheered by investors.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:5,127.79, up 1.26%\n• Dow Jones Industrial Average:38,675.68, up 1.18% (+450.02 points)\n• Nasdaq composite:16,156.33, up 1.99%\nHere\'s what else happened today:\n• Here\'s a breakdown of Apple\'s second-quarter earnings reportand comments from the company\'s earnings call.\n• The stock market\'s bull run will end in either a bubble or a recession, the Bank of America strategist Michael Hartnett said.\n• Apple\'s $110 billion stock-buyback program is worth more than the total value of companiesincluding Boeing, Chipotle, and Airbnb.\n• Treasury Secretary Janet Yellen voiced concerns to Congress about the difficulty of buying a starter home in America.\n• Amgen soared 16% after it talked up its new weight-loss drugthat could be administered monthly instead of weekly.\n• Trump Media stock dropped after the SEC charged its auditor with "massive fraud."\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil dropped 1.15% to $78.04 a barrel.Brent crude, the international benchmark, declined 0.98% to $82.85 a barrel.\n• Goldedged lower by 0.13% to $2,306.60 an ounce.\n• The 10-year Treasury yield fell 8 basis points to 4.50%.\n• Bitcoinjumped 4.51% to $61,748.\nRead the original article onBusiness Insider', "Retiring a millionaire doesn't happen by accident. It takes years of patience, discipline, and steady investment returns. Because of their simplicity, exchange-traded funds can be the perfect fit for any long-term investor.\nExchange-traded funds, or ETFs, are buckets of individual stocks that trade under one ticker. It's a simple way for investors to diversify their portfolios because a few ETFs can expose you to hundreds of companies.\nIt's still important to invest based on your personality and risk tolerance. So, here are three very different ETFs that can help you build wealth over decades and potentially hit that million-dollar mark by the time you retire.\nConsider starting with the basics. That would point you to theVanguard S&P 500 ETF(NYSEMKT: VOO), one of only two ETFs Warren Buffett's company,Berkshire Hathaway, holds in its multibillion-dollar stock portfolio. The idea of this fund is simple. TheS&P 500is an index of 500 of America's most prominent companies. Think of the household names that everyone, even non-investors, knows. The index weighs them by theirmarket capto make the index, which has historically been remarkably effective at building wealth, averaging roughly 10% annual returns over the long term.\nVanguard S&P 500 ETF's top-10 largest positions include:\n1. Microsoft: 7.08%\n2. Apple: 5.63%\n3. Nvidia: 5.05%\n4. Amazon: 3.73%\n5. Meta Platforms: 2.42%\n6. Alphabet Class A: 2.01%\n7. Berkshire Hathaway Class B: 1.73%\n8. Alphabet Class C: 1.70%\n9. Eli Lilly & Co: 1.40%\n10. Broadcom: 1.32%\nYou should include this fund in your portfolio because the S&P 500 ultimately represents the best companies from the world's best economy. It's always recovered from wars, recessions, and other crises to hit new highs. You don't have to make it overly complicated. Just buy and hold this stand-in for the broader stock market.\nTruly diversifying your investments means stepping outside the world of individual companies and considering new assets altogether. Consider theGrayscale Bitcoin Trust ETF(NYSEMKT: GBTC). This is the prominent ETF centered aroundBitcoin.\nGrayscale Bitcoin Trust ETF offers the best of both worlds. Investors can benefit from Bitcoin's price movement by owning shares, which have far outpaced the broader stock market over the past decade. Why would you own the fund instead of just buying Bitcoin? Well, owning shares of the fund is handled just like owning any other stock. You can stash it in your stock portfolio, and the security is monitored by the Securities and Exchange Commission (SEC).\nMeanwhile, owning Bitcoin yourself could mean having to deal with storing the tokens, which could backfire if you forget your password, which has infamously locked some early Bitcoin investors out of their millions of dollars worth of crypto. Grayscale Bitcoin Trust ETF is theeasy buttonof investing in Bitcoin, and there's nothing wrong with going that route.\nLet's stick with the theme of new asset classes. Sometimes, investors want passive income and aren't necessarily interested in maximizing price-based returns. TheiShares 20+ Year Treasury Bond ETF(NASDAQ: TLT)could be for you. It's a fund of U.S. Treasury bonds, all with at least 20 years remaining until maturity.\nThe fund has averaged a nearly 4% yield over the past 12 months and 4.75% over the last 30 days. Its beta of 0.6 implies that the fund is less volatile than the broader stock market. In other words, the iShares 20+ Year Treasury Bond ETF is a glacier where investors can store money and expect safe passive income relative to stocks.\nInvestors in their 20s can probably avoid this fund due to its conservative nature; they have the time horizon to lean wholly into maximizing growth. However, it would be best to consider adding some Treasury bonds to your portfolio as you age and your margin for investing error shrinks. Treasury bonds are a great place to find low-risk income; this fund makes it easy for you.\nBefore you buy stock in Vanguard S&P 500 ETF, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Vanguard S&P 500 ETF wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $525,806!*\nStock Adv **Last 60 Days of Bitcoin's Closing Prices:** [63801.20, 66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-05-04 **Financial & Commodity Data:** - Gold Closing Price: $2299.00 - Crude Oil Closing Price: $78.11 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,252,006,662,000 - Hash Rate: 617535316.5382024 - Transaction Count: 660263.0 - Unique Addresses: 473521.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.67 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Despite the inflation-powered downswing in 2022, investing markets are on a sustained roll. If you put $1,000 into anS&P 500(SNPINDEX: ^GSPC)index fund four years ago, you'd have $2,167 today. The halving ofBitcoin(CRYPTO: BTC)rewards in May 2020 led to another cycle of price gains and moderation, punctuated with the approval ofexchange-traded funds (ETFs)reflecting spot-price Bitcoin values three months ago. Hence, $1,000 of Bitcoin has grown to $10,690 over the same four-year span. But neither Bitcoin nor the stock market could hold a candle toEthereum(CRYPTO: ETH). Putting $1,000 into the leading smart contract currency in April 2020, you'd have a cool $26,800 in your digital wallet by now. The cryptocurrency is now worth $3,430 per coin, up from $1,800 a year ago and $133 in early April, 2020. But past performance is not a guarantee of future results. Does Ethereum have any game-changing moves up its sleeve, comparable to Bitcoin's next 50% cut of mining rewards? Is this digital asset likely to continue its market-beating surge in 2024 and beyond? The answer to these two crucial questions is "yes" and "I wouldn't be surprised." Read on to see what Ethereum's developer community is up to next, and what investors should expect from this crypto veteran in the near future. First,that initial batch of 11 spot Bitcoin ETFsarguably opened the floodgates for other types of cryptocurrency funds. Many of the investing firms in January's approval round have already filed applications to the Securities and Exchange Commission (SEC), aiming to introduce Ethereum-based ETFs as soon as possible. Some of the potential Ethereum ETF sponsors aren't in a hurry, though. For example, Bitwise chief investment officer Matt Hougan recently gave Ethereum ETF approvals a 50% chance in May 2024 -- but he might actually prefer a delay to December. You see, market makers and investors are still wrapping their heads around the brand-new Bitcoin ETFs. Launching another type of big-name cryptocurrency ETF into this buzzing market could be counterproductive. "It's just hard to get people to focus past Bitcoin at this point from professional investors," Hougan said in a Forbes interview last weekend. "TradFi is still digesting bitcoin and if you give [traditional finance] time to get comfortable with bitcoin and crypto, they will be ready for the next thing. But if you shove it down their throat in May, I'm not sure they will be." In other words, the company behind theBitwise Bitcoin ETF(NYSEMKT: BITB)expects Wall Street to be hungry for Ethereum ETFs once the Bitcoin furor dies down. As such, Bitwise filed for an Ethereum ETF approval last Friday, biding its time while doing homework on Ethereum's long-term prospects. So the market trends you see around Bitcoin these days should repeat for Ethereum at some point. The timing of the approvals may make a difference, at least initially. But once the two largest cryptocurrencies have gone through the growing pains of this new investing route, the long-term effects should be the same -- a more robust asset class with wider access to investors who can't or won't buy cryptocurrencies directly. In particular, the expected influx of deep-pocketed institutional investors could add game-changing tailwinds for both Bitcoin and Ethereum. I just don't know whether we'll see these micro-dramas play out in 2024, 2025, or perhaps even later. ETF approvals are underway, but their timing and exact details are in the hands of slow-moving regulators. The Ethereum community has more control over another part of the cryptocurrency's price catalysts: technical improvements to the blockchain network's operating code. One important upgrade took effect on March 13. The so-called Dencun update introduced shard blob transactions, which makes easily processed bundles out of unrelated Ethereum transactions. The big idea is to speed up processing and lower transaction fees, taking a series of smaller steps toward a more effective network. These steps will continue in 2024, followed by a more abrupt technical shift thereafter. Ethereum co-founder Vitalik Buterin has outlined the next development phase, nicknamed "The Purge." In a blog post last month, Buterin explained how cleaning out a bunch of obsolete security functions will provide more space for transaction data in each Ethereum contract. As always, this process will be slow and steady with the final cleanup scheduled "a few years down the line." So there are significant platform changes en route to Ethereum's operating platform. Some steps are coming up soon and others will take a long time. The important takeaway is that Ethereum is evolving to meet the requirements of a more hectic cryptocurrency market. The community is especially interested in making smart contracts smarter, cheaper, and more secure in order to keep up with challenges from alternative smart contract coins such asAvalancheandSolana. And that brings be to a third class of potential catalysts. Ethereum wouldn't need a faster and sleeker transaction system if the demand for smart contracts weren't on the rise. The combination of wider public awareness and incoming technical improvements should result in more interest from app developers, leading up to the first "killer apps" in simmering fields like decentralized finance and Web3 tools. The precise timing of these improvements is up in the air, but important Ethereum backers like Vitalik Buterin will do their best to move the Ethereum community forward. If you build it, the killer apps and mass-market success stories will come. Can these catalysts drive Ethereum prices all the way to $10,000 by the end of this year? Anything is possible but I wouldn't make time-limited bets on it. It's better to build a diversified portfolio of robust cryptocurrencies, stocks, and other asset types, and let the overall value of that collection rise at its own pace. Investing is a marathon, not a sprint -- and crypto investors are also better served by patient endurance than by throwing value darts at the calendar. So I would say that Ethereum is poised to grow in value for years to come, and I do expect the price to rise in 2024. I just can't promise that it will break the $10,000 barrier by the holidays. Patience is a digital virtue, dear reader. Should you invest $1,000 in Ethereum right now? Before you buy stock in Ethereum, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of S&P 500 since 2002*. See the 10 stocks *Stock Advisor returns as of April 1, 2024 Anders Bylundhas positions in Bitcoin, Bitwise Bitcoin ETF Trust, Cardano, Ethereum, and Solana. The Motley Fool has positions in and recommends Bitcoin, Cardano, Ethereum, and Solana. The Motley Fool has adisclosure policy. Will Ethereum Ride the Crypto Bull and Reach $10,000 in 2024?was originally published by The Motley Fool... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Ethereum(CRYPTO: ETH)prices have historically proven very volatile. It's not uncommon to see its value double or triple in a matter of months. In other months, however, its price has been cut in half or worse.\nBut what about the long term? If you had invested $300 into Ethereum five years ago, and held on, you'd likely be very pleased with the outcome.\nIf you had put $300 into Ethereum five years ago, you'd have roughly $5,600 today. That's a 1,770% return, even higher thanBitcoin's 1,000% performance over the same period. TheS&P 500, for comparison, increased in value by just 87%.\nBut before you jump in and buy Ethereum, there are a few important caveats to note.\nFirst, Ethereum was still a young, relatively unknown technology five years ago. The crypto industry has come a long way since then, with far greater utility, adoption, and recognition. It's possible that Ethereum's biggest days of growth are behind it.\nSecond, these eye-popping returns were only accrued by investors with so-calleddiamond hands-- that's crypto terminology for holding tight through extreme ups and downs. If you purchased Ethereum five years ago only to sell it at the start of 2023, for example, you'd only be sitting on a 640% gain. That's still impressive, but far less than what patient investors have earned. Conversely, if you purchased Ethereum at the start of 2022 only to sell one year later, you would have lost two-thirds of your original investment!\nEthereum has proven a terrific long term investment, but its short term movements are difficult to predict.\nBefore you buy stock in Ethereum, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $544,015!*\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*.\nSee the 10 stocks »\n*Stock Advisor returns as of April 30, 2024\nRyan Vanzohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nIf You'd Invested $300 in Ethereum 5 Years Ago, Here's How Much You'd Have Todaywas originally published by The Motley Fool", 'Coinbase Global(NASDAQ: COIN)is a cornerstone of the cryptocurrency ecosystem, providing investors with an easy on-ramp to convert their dollars into a plethora of different tokens. While it isn\'t the only company providing those services, it\'s clear that with such a privileged position, its offerings tend to have big impacts for cryptocurrencies, including popular ones likeSolana(CRYPTO: SOL).\nCoinbase recently launched a new service that\'ll likely catalyze growth for Solana, as well as for the many meme coins that are on the chain. Here\'s what\'s happening, and how you can position yourself to profit.\nIt\'s difficult to get into cryptocurrency investing for the first time. Much of theblockchaintechnology itself is clunkier than typical consumer-grade software applications. Plus, the space has so much technical lingo to learn, so many slang terms to be aware of, and a reputation for scams and risk that it\'s enough to keep many people away altogether.\nCoinbase is working on solving some of those issues by launching a new and highly streamlined platform for people to hold and utilize their coins.\nThe new Coinbase "smart"walletis compatible withBitcoin,Ethereum, and Solana, as well as every ERC-20 chain. It can interface with decentralized applications (dApps) and decentralized exchanges (DEXes), store non-fungible tokens (NFTs), connect to a user\'s bank account, and freely transact with a user\'s Coinbase account. Everything that people could do with a self-managed wallet, including staking tokens to a liquidity pool, swapping token pairs, and borrowing or lending crypto, is doable with the new wallet.\nCoinbase hopes that its innovation will bring as many as 1 billion people into the crypto markets because of how easy investing in the space will become compared to how it is now. It\'s unclear whether the company will be able to onboard all of the users it\'s hoping for. But if it succeeds in bringing in even a fraction of the population it\'s hoping for, the implications for the cryptocurrency markets, especially Solana, are likely to be gargantuan.\nOn the Coinbase website currently, users are limited to transacting in the cryptocurrencies that the company selects as being appropriate, which tend to be the currencies that are the most reputable. That means the biggest meme coins, likeShiba InuandDogecoin, are tradeable, but up-and-coming coins are often not available until long after an investor might prefer to start a position.\nWith the new wallet there is still the constraint of only being able to transact in coins that Coinbase has opted to list the information of, and it can still take a long time for the company to list promising new issues. But as the wallet allows for trading via decentralized exchanges (DEXes), the business does not need to hold the tokens itself, so the accessible universe of investable projects is much larger. So investors will now have a chance to invest in coins much earlier than before, and are generally able to invest in much smaller coins should they choose to do so.\nFor coins on the Solana chain, where many of the smaller and riskier meme coins reside, the new wallet could drive significant growth across the board. If Coinbase opts to list projects more loosely than it currently does for users of its wallet, which will be necessary if it intends to defend the claim that its wallet enables people to maintain full custody and control of their cryptocurrency holdings, the impact will be even larger.\nEither way, this is a big green flag for Solana and meme coin investors alike.\nIt isn\'t necessary to start investing in meme coins yourself to take advantage of the influx of capital spurred by Coinbase\'s new wallet. Nor is it necessary to actually download the wallet yourself if you already have a setup that works for you. The safest way to get exposure to the anticipated upside is to simply buy Solana and hold it for the long term, as anyone doing meme coin trading on the chain will need to buy its native token first.\nIf you want to get a bit fancier by additionally dabbling in meme coins, do yourself a favor and stick to the proven winners rather than the allegedly rising contenders. The reigning champions will still be very risky and volatile.\nBut they\'re also going to be the entry point that most new cryptocurrency investors will have to meme coin investing by virtue of their size and proven effectiveness at winning attention share over time. And, at least in the case of Shiba Inu and Dogecoin, they have enough of a history that it is very unlikely for their prices to collapse to zero.\nMost of all, don\'t take risks with money that you can\'t afford to lose. Play the long game, and play it cautiously. If you haven\'t yet diversified your portfolio sufficiently, the best move is to do that before approaching the idea of buying Solana or meme coins, as responsible financial stewardship of your portfolio is a bigger priority.\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $544,015!*\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*.\nSee the 10 stocks »\n*Stock Advisor returns as of April 30, 2024\nAlex Carchidihas positions in Bitcoin, Ethereum, Shiba Inu, and Solana. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, Ethereum, and Solana. The Motley Fool has adisclosure policy.\nThis 1 Catalyst From Coinbase Could Send Solana Meme Coins Skywardwas originally published by The Motley Fool', 'Historically,investing in the stock market has yielded reliable returns. Particularly, investing in the S&P 500 has proven to bea reliable and rather safe investment that can yield significant gains if held over several decades.\nCheck Out:‘Rich Dad’ Robert Kiyosaki Reveals Why the 401(k) Is a ‘Horrible’ Retirement Plan\nRead Next:6 Unusual Ways To Make Extra Money (That Actually Work)\nThe initial financial effects of the pandemic tanked the U.S. economy in 2020. Although, the stock market made a strong recovery in 2023. The S&P 500 surged over 24%, according to financial expert and “Rich Dad Poor Dad” author Robert Kiyosaki.\nHowever, now Kiyosaki is sounding the alarm about potential financial troubles ahead.\n“FYI. Bank Credit just sold off like 2008. Get some cash out of banks as you need cash. This may be the start of the biggest crash in history.\xa0Hope I am wrong yet no time to play Russian Roulette with your life,”Kiyosaki explained in a recent tweet from Dec. 10, 2023.\nIn another tweet on Dec. 11, 2023, Kiyosaki furthered his point by referring to predictions from his book which later came true and reiterated the eminent crash of the S&P 500: “‘Savers are losers’ and ‘Your home is not an asset’ which came true in 2008. People are still laughing at those 1997 predictions. Watch for m **Last 60 Days of Bitcoin's Closing Prices:** [66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-05-05 **Financial & Commodity Data:** - Gold Closing Price: $2299.00 - Crude Oil Closing Price: $78.11 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,264,024,777,388 - Hash Rate: 608775950.3461711 - Transaction Count: 625998.0 - Unique Addresses: 429326.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.69 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Argentina last week moved forwardwith implementinga Registry of Virtual Asset Service Providers (VASP), drawing some outcry from those who hoped the nation might be heading in the direction of El Salvador's welcoming of Bitcoin. The new law means platforms and individuals who purchase, sell, send or trade cryptocurrencies must adhere to a registration process. While the regulation appears to have been left over by the previous government, the fact that it's moved forward and has now become law under President Javier Milei is disappointing to those who imagined Latin America was going to get another bitcoin-friendly leader. “Javier Milei makes his first major mistake,”tweeted Max Kieser, a longtime Bitcoin maxi and an advisor to El Salvador President Nayib Bukele. “He never took the time to understand #Bitcoin, now he’ll suffer the consequences.” El Salvador under Bukele in 2021 became the first nation on the globe to make bitcoin legal tender. The new regulation looks to be having immediate effect, with users of payment app Strike reporting that the platforminformed them thatthe Send Globally function between Argentina and the U.S. will no longer be supported. CoinDesk has reached out to Strike for comment. The libertarian Milei, who had previously lauded Bitcoin as a safe haven against central banking and inflation, came to power in December 2023 amid triple digit annual inflation. To this point, he's had some success trimming the size and scope of the government, with Argentina this yearposting itsfirst monthly budget surplus since 2011. Themonthly inflation ratefell to 13.2% in February from 20.6% in January and 25.5% the month before that. To be sure, not everyone views the new VASP law as negative. “If Argentina wants more access to foreign investment, this [the new regulation] is one of the things that needed to be implemented,”saidan Argentina resident on X.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49
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:** ["Ethereum(CRYPTO: ETH)prices have historically proven very volatile. It's not uncommon to see its value double or triple in a matter of months. In other months, however, its price has been cut in half or worse.\nBut what about the long term? If you had invested $300 into Ethereum five years ago, and held on, you'd likely be very pleased with the outcome.\nIf you had put $300 into Ethereum five years ago, you'd have roughly $5,600 today. That's a 1,770% return, even higher thanBitcoin's 1,000% performance over the same period. TheS&P 500, for comparison, increased in value by just 87%.\nBut before you jump in and buy Ethereum, there are a few important caveats to note.\nFirst, Ethereum was still a young, relatively unknown technology five years ago. The crypto industry has come a long way since then, with far greater utility, adoption, and recognition. It's possible that Ethereum's biggest days of growth are behind it.\nSecond, these eye-popping returns were only accrued by investors with so-calleddiamond hands-- that's crypto terminology for holding tight through extreme ups and downs. If you purchased Ethereum five years ago only to sell it at the start of 2023, for example, you'd only be sitting on a 640% gain. That's still impressive, but far less than what patient investors have earned. Conversely, if you purchased Ethereum at the start of 2022 only to sell one year later, you would have lost two-thirds of your original investment!\nEthereum has proven a terrific long term investment, but its short term movements are difficult to predict.\nBefore you buy stock in Ethereum, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $544,015!*\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*.\nSee the 10 stocks »\n*Stock Advisor returns as of April 30, 2024\nRyan Vanzohas positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has adisclosure policy.\nIf You'd Invested $300 in Ethereum 5 Years Ago, Here's How Much You'd Have Todaywas originally published by The Motley Fool", 'Coinbase Global(NASDAQ: COIN)is a cornerstone of the cryptocurrency ecosystem, providing investors with an easy on-ramp to convert their dollars into a plethora of different tokens. While it isn\'t the only company providing those services, it\'s clear that with such a privileged position, its offerings tend to have big impacts for cryptocurrencies, including popular ones likeSolana(CRYPTO: SOL).\nCoinbase recently launched a new service that\'ll likely catalyze growth for Solana, as well as for the many meme coins that are on the chain. Here\'s what\'s happening, and how you can position yourself to profit.\nIt\'s difficult to get into cryptocurrency investing for the first time. Much of theblockchaintechnology itself is clunkier than typical consumer-grade software applications. Plus, the space has so much technical lingo to learn, so many slang terms to be aware of, and a reputation for scams and risk that it\'s enough to keep many people away altogether.\nCoinbase is working on solving some of those issues by launching a new and highly streamlined platform for people to hold and utilize their coins.\nThe new Coinbase "smart"walletis compatible withBitcoin,Ethereum, and Solana, as well as every ERC-20 chain. It can interface with decentralized applications (dApps) and decentralized exchanges (DEXes), store non-fungible tokens (NFTs), connect to a user\'s bank account, and freely transact with a user\'s Coinbase account. Everything that people could do with a self-managed wallet, including staking tokens to a liquidity pool, swapping token pairs, and borrowing or lending crypto, is doable with the new wallet.\nCoinbase hopes that its innovation will bring as many as 1 billion people into the crypto markets because of how easy investing in the space will become compared to how it is now. It\'s unclear whether the company will be able to onboard all of the users it\'s hoping for. But if it succeeds in bringing in even a fraction of the population it\'s hoping for, the implications for the cryptocurrency markets, especially Solana, are likely to be gargantuan.\nOn the Coinbase website currently, users are limited to transacting in the cryptocurrencies that the company selects as being appropriate, which tend to be the currencies that are the most reputable. That means the biggest meme coins, likeShiba InuandDogecoin, are tradeable, but up-and-coming coins are often not available until long after an investor might prefer to start a position.\nWith the new wallet there is still the constraint of only being able to transact in coins that Coinbase has opted to list the information of, and it can still take a long time for the company to list promising new issues. But as the wallet allows for trading via decentralized exchanges (DEXes), the business does not need to hold the tokens itself, so the accessible universe of investable projects is much larger. So investors will now have a chance to invest in coins much earlier than before, and are generally able to invest in much smaller coins should they choose to do so.\nFor coins on the Solana chain, where many of the smaller and riskier meme coins reside, the new wallet could drive significant growth across the board. If Coinbase opts to list projects more loosely than it currently does for users of its wallet, which will be necessary if it intends to defend the claim that its wallet enables people to maintain full custody and control of their cryptocurrency holdings, the impact will be even larger.\nEither way, this is a big green flag for Solana and meme coin investors alike.\nIt isn\'t necessary to start investing in meme coins yourself to take advantage of the influx of capital spurred by Coinbase\'s new wallet. Nor is it necessary to actually download the wallet yourself if you already have a setup that works for you. The safest way to get exposure to the anticipated upside is to simply buy Solana and hold it for the long term, as anyone doing meme coin trading on the chain will need to buy its native token first.\nIf you want to get a bit fancier by additionally dabbling in meme coins, do yourself a favor and stick to the proven winners rather than the allegedly rising contenders. The reigning champions will still be very risky and volatile.\nBut they\'re also going to be the entry point that most new cryptocurrency investors will have to meme coin investing by virtue of their size and proven effectiveness at winning attention share over time. And, at least in the case of Shiba Inu and Dogecoin, they have enough of a history that it is very unlikely for their prices to collapse to zero.\nMost of all, don\'t take risks with money that you can\'t afford to lose. Play the long game, and play it cautiously. If you haven\'t yet diversified your portfolio sufficiently, the best move is to do that before approaching the idea of buying Solana or meme coins, as responsible financial stewardship of your portfolio is a bigger priority.\nBefore you buy stock in Coinbase Global, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $544,015!*\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*.\nSee the 10 stocks »\n*Stock Advisor returns as of April 30, 2024\nAlex Carchidihas positions in Bitcoin, Ethereum, Shiba Inu, and Solana. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, Ethereum, and Solana. The Motley Fool has adisclosure policy.\nThis 1 Catalyst From Coinbase Could Send Solana Meme Coins Skywardwas originally published by The Motley Fool', 'Historically,investing in the stock market has yielded reliable returns. Particularly, investing in the S&P 500 has proven to bea reliable and rather safe investment that can yield significant gains if held over several decades.\nCheck Out:‘Rich Dad’ Robert Kiyosaki Reveals Why the 401(k) Is a ‘Horrible’ Retirement Plan\nRead Next:6 Unusual Ways To Make Extra Money (That Actually Work)\nThe initial financial effects of the pandemic tanked the U.S. economy in 2020. Although, the stock market made a strong recovery in 2023. The S&P 500 surged over 24%, according to financial expert and “Rich Dad Poor Dad” author Robert Kiyosaki.\nHowever, now Kiyosaki is sounding the alarm about potential financial troubles ahead.\n“FYI. Bank Credit just sold off like 2008. Get some cash out of banks as you need cash. This may be the start of the biggest crash in history.\xa0Hope I am wrong yet no time to play Russian Roulette with your life,”Kiyosaki explained in a recent tweet from Dec. 10, 2023.\nIn another tweet on Dec. 11, 2023, Kiyosaki furthered his point by referring to predictions from his book which later came true and reiterated the eminent crash of the S&P 500: “‘Savers are losers’ and ‘Your home is not an asset’ which came true in 2008. People are still laughing at those 1997 predictions. Watch for m **Last 60 Days of Bitcoin's Closing Prices:** [66106.80, 66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-05-05 **Financial & Commodity Data:** - Gold Closing Price: $2299.00 - Crude Oil Closing Price: $78.11 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,264,024,777,388 - Hash Rate: 608775950.3461711 - Transaction Count: 625998.0 - Unique Addresses: 429326.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.69 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Argentina last week moved forwardwith implementinga Registry of Virtual Asset Service Providers (VASP), drawing some outcry from those who hoped the nation might be heading in the direction of El Salvador's welcoming of Bitcoin. The new law means platforms and individuals who purchase, sell, send or trade cryptocurrencies must adhere to a registration process. While the regulation appears to have been left over by the previous government, the fact that it's moved forward and has now become law under President Javier Milei is disappointing to those who imagined Latin America was going to get another bitcoin-friendly leader. “Javier Milei makes his first major mistake,”tweeted Max Kieser, a longtime Bitcoin maxi and an advisor to El Salvador President Nayib Bukele. “He never took the time to understand #Bitcoin, now he’ll suffer the consequences.” El Salvador under Bukele in 2021 became the first nation on the globe to make bitcoin legal tender. The new regulation looks to be having immediate effect, with users of payment app Strike reporting that the platforminformed them thatthe Send Globally function between Argentina and the U.S. will no longer be supported. CoinDesk has reached out to Strike for comment. The libertarian Milei, who had previously lauded Bitcoin as a safe haven against central banking and inflation, came to power in December 2023 amid triple digit annual inflation. To this point, he's had some success trimming the size and scope of the government, with Argentina this yearposting itsfirst monthly budget surplus since 2011. Themonthly inflation ratefell to 13.2% in February from 20.6% in January and 25.5% the month before that. To be sure, not everyone views the new VASP law as negative. “If Argentina wants more access to foreign investment, this [the new regulation] is one of the things that needed to be implemented,”saidan Argentina resident on X.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['After 11 consecutive weeks of outflows, the Grayscale Bitcoin Trust ETF (GBTC) has finally experienced a positive gain of $63 million. The continuous cashing out by investors had been a result of the approval and subsequent popularity of competing spot Bitcoin ETFs since January, causing GBTC\'s outflows to significantly impact the emerging space.\nDespite the recent outflows, GBTC still remains the largestBitcoinspot ETF, managing over $18.7 billion in assets and holding about 297,000 Bitcoin. However, the consistent outflows allowed newer competitors to narrow the gap, with the BlackRock iShares Bitcoin Trust (IBIT) amassing $17.2 billion in assets as of Tuesday. To counterbalance its losses, Grayscale has proposed the introduction of a "mini" Bitcoin ETF with reduced fees, aiming to enhance its competitiveness.\nThe positive news for Grayscale comes on the heels of a down day for its competitor, the IBIT ETF from investment giant BlackRock. While IBIT had grown to $15.4 billion since its launch on Wall Street, it experienced a contraction of $37 million on the previous day, according to Farside Investors. Furthermore, all ETFs collectively witnessed outflows of $563 million, marking their worst day ever due to a decline in BTC\'s price on Wednesday.\nThe news of GBTC\'s inflows led to surprise and excitement in the market. Bloomberg ETF analyst Eric Balchunas expressed his astonishment on Twitter,stating, "Holy crap $GBTC had inflows today. Their 80-day-ish streak is finally over. I had to run my eyes and double check the data but it\'s true."', 'After 11 consecutive weeks of outflows, the Grayscale Bitcoin Trust ETF (GBTC) has finally experienced a positive gain of $63 million. The continuous cashing out by investors had been a result of the approval and subsequent popularity of competing spot Bitcoin ETFs since January, causing GBTC\'s outflows to significantly impact the emerging space.\nDespite the recent outflows, GBTC still remains the largestBitcoinspot ETF, managing over $18.7 billion in assets and holding about 297,000 Bitcoin. However, the consistent outflows allowed newer competitors to narrow the gap, with the BlackRock iShares Bitcoin Trust (IBIT) amassing $17.2 billion in assets as of Tuesday. To counterbalance its losses, Grayscale has proposed the introduction of a "mini" Bitcoin ETF with reduced fees, aiming to enhance its competitiveness.\nThe positive news for Grayscale comes on the heels of a down day for its competitor, the IBIT ETF from investment giant BlackRock. While IBIT had grown to $15.4 billion since its launch on Wall Street, it experienced a contraction of $37 million on the previous day, according to Farside Investors. Furthermore, all ETFs collectively witnessed outflows of $563 million, marking their worst day ever due to a decline in BTC\'s price on Wednesday.\nThe news of GBTC\'s inflows led to surprise and excitement in the market. Bloomberg ETF analyst Eric Balchunas expressed his astonishment on Twitter,stating, "Holy crap $GBTC had inflows today. Their 80-day-ish streak is finally over. I had to run my eyes and double check the data but it\'s true."', 'The Bitcoin network recorded its one billionth transaction, according to data from Clark Moody’s Bitcoin dashboard.\nBitcoin transactions and their corresponding fees have been a key discussion point among industry participants in recent weeks, in part, due to the introduction of Bitcoin Ordinals and Runes.\nThe latter, a fungible token protocol launched in tandem with the latest Bitcoin halving last month, raised transaction fees to an all-time record during its debut.\nThe halving reduces miners’ rewards by 50% roughly every four years, with the latest quadrennial event cutting them from 6.25 Bitcoins to 3.125.\nBitcoin is the world’s first blockchain-based cryptocurrency.\nThe network’s genesis block was mined by its founder Satoshi Nakamoto in January 2009.\nFirst introduced by the pseudonymous founder as a peer-to-peer payment system, Bitcoin has historically been an inefficient blockchain for tokenized assets such as non-fungible or fungible tokens when compared to other networks like Solana or Ethereum.\nThe introduction of Bitcoin Ordinals brought a new wave of tokenized assets onto the network by inscribing data onto satoshis, the smallest unit of Bitcoin, allowing a rendition of NFTs to exist on the network.\nWith the launch of Runes, primarily used for memecoins today, fungible tokens can potentially introduce new possibilities to the network, such as expanded applications for decentralized finance.', 'The Bitcoin network recorded its one billionth transaction, according to data from Clark Moody’s Bitcoin dashboard.\nBitcoin transactions and their corresponding fees have been a key discussion point among industry participants in recent weeks, in part, due to the introduction of Bitcoin Ordinals and Runes.\nThe latter, a fungible token protocol launched in tandem with the latest Bitcoin halving last month, raised transaction fees to an all-time record during its debut.\nThe halving reduces miners’ rewards by 50% roughly every four years, with the latest quadrennial event cutting them from 6.25 Bitcoins to 3.125.\nBitcoin is the world’s first blockchain-based cryptocurrency.\nThe network’s genesis block was mined by its founder Satoshi Nakamoto in January 2009.\nFirst introduced by the pseudonymous founder as a peer-to-peer payment system, Bitcoin has historically been an inefficient blockchain for tokenized assets such as non-fungible or fungible tokens when compared to other networks like Solana or Ethereum.\nThe introduction of Bitcoin Ordinals brought a new wave of tokenized assets onto the network by inscribing data onto satoshis, the smallest unit of Bitcoin, allowing a rendition of NFTs to exist on the network.\nWith the launch of Runes, primarily used for memecoins today, fungible tokens can potentially introduce new possibilities to the network, such as expanded applications for decentralized finance.', "Join Web3 GP at three Hong Kong blockchain conferences this May, where sim racetracks become the battleground for an unprecedented display of speed, technology, and automotive artistry.\nHONG KONG, May 06, 2024 (GLOBE NEWSWIRE) --Web3 GP, a ground-breaking supercar racing platform that integrates Web3 Play-to-Earn (P2E) technology with open-source technology from the hottest racing sims, has announced they will be on display at the following May conferences in Hong Kong:\n• 8 May: FORKED(Soho House,frkd.io)\n• 9-10 May: Bitcoin Asia(Kai Tak Cruise Terminal,b.tc/conference/asia)\n• 11 May: Ordinals Asia(Soho House,ordinalsasia.com)\nRacing fans are invited to drop by the Web3 GP booth at these events to witness firsthand an exclusive, thrilling sim car race featuring a lineup of the rarest and most limited edition supercars ever designed. The Web3 GP virtual race circuit mirrors the world's most iconic tracks, from the sweeping curves of the Nürburgring to the demanding straits of Le Mans. The digital replication of these legendary courses is a fitting stage for an ultimate demonstration of prowess, pushing the boundaries of speed and precision.\nVideo:https://www.youtube.com/watch?v=1P7zovuPhJ8\nThe Best Open-Source Sim Racing Combined with Blockchain and Crypto\nWeb3 GP offers the highest standards in supercar simulation. It features a finely tuned virtual physics engine that replicates every nuance of the hottest limited edition supercars, ensuring that the digital experience mirrors the exhilaration of a real-life race. Skilled enthusiast drivers with a passion for high-performance machines can navigate the twists and turns with a precision that showcases the capabilities of their exclusive vehicles.\nBy combining P2E features with technology from some of the best racing sims — including top names such as Gran Turismo 7, Assetto Corsa, Project Cars 2, Automobilista 2, rFactor 2 and iRacing — Web3 GP represents a cutting-edge integration of supercar racing and blockchain technology. Sim racers earn Web3 GP’s proprietary $WGPX tokens for completing in-game achievements, such as winning races, setting track records, or reaching specific milestones.\nWGPX are tokens built on the Bitcoin Ledger by deploying ordinal inscriptions technology and function as NFTs representing in-game assets that players actuallyown, including cars, skins and accessories.\nAs WGPX tokens adhere to the Bitcoin standard, they are built directly on the Bitcoin network without any need for a separate token or sidechain, inheriting Bitcoin’s multi-layered security, making them among the most modern, efficient and secure tokens in the world.\nSetting a new standard for the convergence of luxury, technology, and speed, the Web3 GP limited edition supercar race will leave an indelible mark on the virtual racing world.\nAbout Web3 GPWeb3 GP was launched in 2024 as a ground-breaking supercar sim racing game that leverages Play-to-Earn GameFi technology. Sim Racers earn $WGPX inscriptions representing in-game assets as rewards for completing in-game achievements.\nOfficial ChannelsWeb3 GP Website:https://web3gp.io/Web3 GP Twitter/X:https://twitter.com/WGPX_RacingWeb3 GP Telegram:https://t.me/+hrQGKYBQj0kwODk9Web3 GP Youtube:https://www.youtube.com/@WGPXWeb3 GP Discord:https://discord.com/invite/ZFpgFvbzueWeb3 GP Linktr.ee:https://linktr.ee/wgpx\nMedia [email protected]@yourPRstrategist.com\nA photo accompanying this announcement is available athttps://www.globenewswire.com/NewsRoom/AttachmentNg/0b67ceab-4dcc-489d-97f4-c877eb65b284", "Join Web3 GP at three Hong Kong blockchain conferences this May, where sim racetracks become the battleground for an unprecedented display of speed, technology, and automotive artistry.\nHONG KONG, May 06, 2024 (GLOBE NEWSWIRE) --Web3 GP, a ground-breaking supercar racing platform that integrates Web3 Play-to-Earn (P2E) technology with open-source technology from the hottest racing **Last 60 Days of Bitcoin's Closing Prices:** [66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-05-06 **Financial & Commodity Data:** - Gold Closing Price: $2321.60 - Crude Oil Closing Price: $78.48 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,279,824,751,538 - Hash Rate: 534321337.7139056 - Transaction Count: 519817.0 - Unique Addresses: 466177.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.71 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: No public company has gone all-in onBitcoin(CRYPTO: BTC)quite likeMicroStrategy(NASDAQ: MSTR), which has purchased 193,000 bitcoins since 2020. As a result, the enterprise software company's stock is up over 900%, despite its core business stagnating. Are you a prospective investor who has a fear of missing out? Below, I'll examine why MicroStrategy is hoarding Bitcoin, how it's funding it, what could go wrong, and where the stock could go from here. MicroStrategy has a relatively long history as a business-to-business enterprise software company and went public in 1998 before the dot-com bubble. The company even foundedAlarm.comin 2000 before later selling it to a venture capital firm in 2009. Up until 2020, MicroStrategy was singularly focused on growing its core business. But with some cash on hand and slow revenue growth, now-Executive Chairman Michael Saylor decided to purchase $250 million of Bitcoin, becoming the first publicly traded company to do so. Saylor described Bitcoin and the investment as a "dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash." Since then, the company's revenue has stagnated. It generated $496 million in 2023, down almost 1% from $499 million in 2023. However, Saylor and MicroStrategy have doubled and tripled down on investing in Bitcoin. As of this writing, the company holds 193,000 Bitcoin at a total cost of $6.09 billion, or $31,168 per Bitcoin. The cryptocurrency's current price is roughly $67,000. If the company were to cash out, it would have more than doubled its investment. As mentioned above, the company's core software business had stalled, so it reinvested $726 million through 2023 into Bitcoin. Therefore, most of its Bitcoin transactions were funded through debt and equity. First, the company's debt has exploded from approximately $531 million in net cash to $2.1 billion innet debtsince its spending spree began. While MicroStrategy could easily sell its Bitcoin investment today and cover that debt, Saylor has repeatedly said he will never sell the company's cryptocurrency. When you combine that statement with the fact that the company generated $11 million and $1 million in operating income in 2022 and 2023, respectively, the company's debt is unlikely to decrease anytime soon. Additionally, MicroStrategy has been aggressively selling its shares on private markets to gain access to capital. As a result, the company'soutstanding shareshave exploded from 9.7 million in August 2020 to 17 million today, diluting the shares by 83%. As a result, existing shareholders' ownership stakes in the company have decreased as more shares became available. It's rather simple as to what could go wrong for the company: Bitcoin's price could crash. If the crypto price craters, MicroStrategy's stock will follow, and worse yet, the company could face a margin call. Essentially, its creditors would ask the company to deposit more funds to continue to service its debt, which Bitcoin backs. In theory, if Bitcoin's price fell low enough, MicroStrategy wouldn't be able to cover the margin call and could face bankruptcy -- even if it sells its holdings. Previously in 2022, when the company claimed to have 115,000 Bitcoin "unencumbered" by loans, Saylor acknowledged that if the price fell below $3,562, then MicroStrategy would run out of Bitcoin to use as collateral. As of Dec. 31, 2023, the company claimed 173,069 of its 189,150 Bitcoin were "unencumbered" by loans. In other words, MicroStrategy should be able to sustain a downturn in Bitcoin price, with the threat of a margin call only occurring if the cryptocurrency bottoms out. As the company continues to leverage itself with debt, the price at which it would face a margin call is likely to rise. The company's Bitcoin spending spree doesn't look like it will end anytime soon. This week, it announced a private offering for $600 million in convertible senior notes maturing in 2030, which the company will use to buy more Bitcoin. Senior convertible notes are a type of financial instrument that represents debt and holds the potential to be transformed into ownership shares at a future point in time. The notes are set to reach maturity on March 15, 2030 unless they're repurchased, redeemed, or converted earlier, as per the conditions outlined in their terms. Put differently, the issuer will likely elect to receive $600 million in cash if MicroStrategy's stock goes down, which will increase the company's debt. Or it may convert the notes into shares at a lower price if the stock goes up, diluting the share count. It could also elect to do a combination of both. In the meantime, the company will pay interest on the debt semi-annually at an interest rate yet to be determined. The company has been one of the best-performing stocks in 2024, with its share price increasing over 600% year to date. While it has generally tracked Bitcoin's return until recently, its leverage is starting to make it perform similarly to a leveraged exchange-traded fund (ETF), which amplifies returns (and losses). Additionally, MicroStrategy's market capitalization of $22 billion is significantly higher than its Bitcoin holdings, which were worth roughly $13 billion at the time of this writing. There's no doubt the company's bold Bitcoin strategy has paid off so far, but that doesn't necessarily mean it will continue. Its increasing leverage and share-count dilution are concerns that may keep traditional investors up at night. Investors interested in Bitcoin can opt for reduced risk by either purchasing the cryptocurrency directly or investing through one of the newly approved Bitcoin ETFs. Should you invest $1,000 in MicroStrategy right now? Before you buy stock in MicroStrategy, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and MicroStrategy wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of S&P 500 since 2002*. See the 10 stocks *Stock Advisor returns as of March 8, 2024 Collin Brantmeyerhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy. Is It Too Late to Buy MicroStrategy Stock?was originally published by The Motley Fool... - Reddit Posts (Sample): [['u/GoatBoyy777', 'Safemoon is absolutely garbage. ', 24, '2024-05-06 01:07', 'https://www.reddit.com/r/SafeMoon/comments/1cl492e/safemoon_is_absolutely_garbage/', 'Back in 2021, I had the opportunity of a lifetime when it comes to crypto. Out of all the tokens, BTC, ETH, and alt coins, I chose to go all in on safemoon. I have never touched that money since. I did one of those things where you buy a shit ton and then just check back years later. Unfortunately, I chose the worst crypto possible. I even sold all my dogecoin when it was at a fraction of a cent for safemoon. Man I really chose the wrong route. I think my safemoon is now worth like a few dollars 😂. I know they switched over to safemoon v2 but I did swap em over a couple years back and lost like half of the value converting them. Absolute shitcoin. ', 'https://www.reddit.com/r/SafeMoon/comments/1cl492e/safemoon_is_absolutely_garbage/', '1cl492e', [['u/SnooMemesjellies5506', 36, '2024-05-06 23:32', 'https://www.reddit.com/r/SafeMoon/comments/1cl492e/safemoon_is_absolutely_garbage/l2w2583/', 'Honestly if you went all in on safemoon you deserve what you got, you clearly had 0 idea of what you are doing and just yolo into it. This is financial investment, you don’t just invest into some random coin all in, you really need to reconsider why you thought you should post this, safe moon is garbage but your financial decisions is the landfill', '1cl492e']]], ['u/cryptoconniption', 'In case you die with BTC...', 405, '2024-05-06 01:13', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/', "Looking for advice: I have a decent sized portfolio, mostly BTC and it's all on Ledger. My father is in his 80s and not very good with computers. I've tried to teach him how to use it but it's not happening. What should I do to prepare for the hopefully unlikely event that I die before him? I also have a sister but she's terrible with computers also and I don't trust her. I want them to have everything if the worst happens.\n\nThoughts?\n\nBTW, I had a very expensive accountant help me out with my crypto taxes and thought that I could instruct my father to have him help but I didn't use that accountant this year because I stopped trading and didn't need someone at his level doing my taxes anymore.", 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/', '1cl4df3', [['u/Holdino01', 146, '2024-05-06 01:25', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2r98pc/', 'Following for advice, good question', '1cl4df3'], ['u/NiagaraBTC', 21, '2024-05-06 01:38', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rb2dq/', 'Ideally here you have someone you can trust who understands Bitcoin and can help your dad or sis with recovery.\n\nWithout that person, this is where a service like Nunchuk or Unchained would be of assistance.', '1cl4df3'], ['u/humdinger44', 71, '2024-05-06 01:39', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rb6iw/', 'If i were you I would just put some meager effort into trying to outlive an 80 yr old.', '1cl4df3'], ['u/zorg621', 42, '2024-05-06 01:43', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rbrc2/', "Posted this on another comment below. But Ben from BTC Sessions has put together a company teaching people this exact thing. \n\nwww.bitcoinmentor.io \n\nI'm one of the mentors on the site, check it out if curious. If not no worries 🤙", '1cl4df3'], ['u/illbegood11', 327, '2024-05-06 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rcnin/', 'Get a lawyer who specializes in estates and bitcoin.', '1cl4df3'], ['u/cryptoconniption', 10, '2024-05-06 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rcowa/', "I'll check out those companies. Unfortunately I don't have any friends into crypto", '1cl4df3'], ['u/bigheader03', 78, '2024-05-06 01:58', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rdpxs/', "I come from two families (my biological and inlaws) where I can completely trust my finances with either of them. \n\nI told my wife, if anything happens to me, take the seed phrase and give it to my brother or hers, and they'll know what to do. \n\nIt really does make me sad we live in a world where people don't have the luxury of trusting their own family with their finances.", '1cl4df3'], ['u/TopKekistan76', 17, '2024-05-06 02:03', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2reheu/', 'You should look into opening a trust. Security of the seed phrase may still be a bit tricky but a trust will allow you to pass along very clear directions and give the people you wish to have it all the necessary info as part of the legal settling of the trust.', '1cl4df3'], ['u/LTFitness', 15, '2024-05-06 02:24', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rhe24/', 'Never a popular suggestion here, but this is my advice. \n\nTransfer off hardware and onto an exchange like Coinbase. \n\nWhy? Then it’s not just a hardware wallet your father has no idea what to do with, no maybe even a lawyer you have set up to handle your will. \n\nHowever your father and a lawyer know how to operate a phone, and with the information needed in hand, they can work with an exchanges customer service to get the funds where they need to be with legal documentation. \n\nYour ledger isn’t going to listen to or comply a legal order, it can’t…however an exchange customer service can.', '1cl4df3'], ['u/GMEthLoopring', 87, '2024-05-06 02:27', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rhu1x/', 'Honestly?\n\nThe ETF is great for this, much easier to transfer upon death than… something most people can’t figure out', '1cl4df3'], ['u/Large_Subject_4153', 38, '2024-05-06 02:36', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rj1e6/', 'Problem if OP already has a sizable stack would be paying capital gains taxes to then buy ETF.', '1cl4df3'], ['u/SoupaSoka', 12, '2024-05-06 02:40', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rjkrv/', 'Not a popular suggestion, but absolutely one that is worth consideration, at least. Gotta weigh the pros and cons.', '1cl4df3'], ['u/Mrgod2u82', 27, '2024-05-06 03:06', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rn6oz/', "Like not driving, not flying, living in a basement, having groceries bought for you (health ones of cource), etc.\n\nReality is that shit happens. A driver could head on you, the plane could crash, you could get killed in the grocery store.\n\nShit happens and planing for it isn't a bad idea.\n\nTrying isn't the be all end all.", '1cl4df3'], ['u/GMEthLoopring', 11, '2024-05-06 03:09', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rnjez/', 'If it’s long term gains at 15%, not terrible overall considering you gotta pay tax on gains EVENTUALLY\n\nResets cost basis and gets some security, slightly less efficient but fo', '1cl4df3'], ['u/freighttrainmatt', 18, '2024-05-06 03:18', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rotfa/', 'I appreciate your trust in your family but money changes things. I just want to make you privy to that, you are not exempt from that if we are talking a large sum.', '1cl4df3'], ['u/F101crypto', 130, '2024-05-06 03:40', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rrszn/', 'Finding a good ( non corrupt non / full of crap) attorney or account good with crypto and estate planning in the USA ?? Yeh right. Share a short list please . That WOULD be great alpha', '1cl4df3'], ['u/Austeri', 10, '2024-05-06 04:19', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rxcdr/', 'Have you ever talked to an attorney lol', '1cl4df3'], ['u/chrisjoneschrisjones', 11, '2024-05-06 04:21', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rxlk8/', 'Your heirs should be able to take advantage of a cost basis step-up if you hold the original Bitcoin, so in more cases it’s probably better to keep it as is and figure out how to make sure they know what to do.', '1cl4df3'], ['u/DominilocO', 12, '2024-05-06 04:27', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2ryg6i/', 'Its ok bro, less btc in circulation.', '1cl4df3'], ['u/Ryan_D_Lion', 12, '2024-05-06 04:51', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s1k7h/', "Nope.\n\nCouldn't disagree more.\n\nMoney doesn't change people.\n\nIt only amplifies what's already there.\n\nIn addition if you can't trust your family then you have a shitty family member. Sorry to be the bearer of the blunt honest truth.", '1cl4df3'], ['u/Probablyinsanes', 81, '2024-05-06 05:00', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s2n24/', 'This is fair. Very long story short (don’t know every detail), my great aunt had millions of dollars and when she passed her attorney took everything.', '1cl4df3'], ['u/freighttrainmatt', 12, '2024-05-06 05:11', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s41tv/', 'Use whatever euphemism you want, but you don’t know until it happens. So be prepared and put things in writing. You are absolutely right, shitty people can be born into our families. It doesn’t define me or you but you need to be prepared if they rear their ugly heads. Just something to think about', '1cl4df3'], ['u/justsomejabroni', 10, '2024-05-06 05:32', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s6lf7/', 'My dad is 78 and has never used a cellphone or computer. Do u get many clients like that?', '1cl4df3'], ['u/Tabula_Rasa69', 35, '2024-05-06 05:36', 'ht... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58
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:** ['After 11 consecutive weeks of outflows, the Grayscale Bitcoin Trust ETF (GBTC) has finally experienced a positive gain of $63 million. The continuous cashing out by investors had been a result of the approval and subsequent popularity of competing spot Bitcoin ETFs since January, causing GBTC\'s outflows to significantly impact the emerging space.\nDespite the recent outflows, GBTC still remains the largestBitcoinspot ETF, managing over $18.7 billion in assets and holding about 297,000 Bitcoin. However, the consistent outflows allowed newer competitors to narrow the gap, with the BlackRock iShares Bitcoin Trust (IBIT) amassing $17.2 billion in assets as of Tuesday. To counterbalance its losses, Grayscale has proposed the introduction of a "mini" Bitcoin ETF with reduced fees, aiming to enhance its competitiveness.\nThe positive news for Grayscale comes on the heels of a down day for its competitor, the IBIT ETF from investment giant BlackRock. While IBIT had grown to $15.4 billion since its launch on Wall Street, it experienced a contraction of $37 million on the previous day, according to Farside Investors. Furthermore, all ETFs collectively witnessed outflows of $563 million, marking their worst day ever due to a decline in BTC\'s price on Wednesday.\nThe news of GBTC\'s inflows led to surprise and excitement in the market. Bloomberg ETF analyst Eric Balchunas expressed his astonishment on Twitter,stating, "Holy crap $GBTC had inflows today. Their 80-day-ish streak is finally over. I had to run my eyes and double check the data but it\'s true."', 'After 11 consecutive weeks of outflows, the Grayscale Bitcoin Trust ETF (GBTC) has finally experienced a positive gain of $63 million. The continuous cashing out by investors had been a result of the approval and subsequent popularity of competing spot Bitcoin ETFs since January, causing GBTC\'s outflows to significantly impact the emerging space.\nDespite the recent outflows, GBTC still remains the largestBitcoinspot ETF, managing over $18.7 billion in assets and holding about 297,000 Bitcoin. However, the consistent outflows allowed newer competitors to narrow the gap, with the BlackRock iShares Bitcoin Trust (IBIT) amassing $17.2 billion in assets as of Tuesday. To counterbalance its losses, Grayscale has proposed the introduction of a "mini" Bitcoin ETF with reduced fees, aiming to enhance its competitiveness.\nThe positive news for Grayscale comes on the heels of a down day for its competitor, the IBIT ETF from investment giant BlackRock. While IBIT had grown to $15.4 billion since its launch on Wall Street, it experienced a contraction of $37 million on the previous day, according to Farside Investors. Furthermore, all ETFs collectively witnessed outflows of $563 million, marking their worst day ever due to a decline in BTC\'s price on Wednesday.\nThe news of GBTC\'s inflows led to surprise and excitement in the market. Bloomberg ETF analyst Eric Balchunas expressed his astonishment on Twitter,stating, "Holy crap $GBTC had inflows today. Their 80-day-ish streak is finally over. I had to run my eyes and double check the data but it\'s true."', 'The Bitcoin network recorded its one billionth transaction, according to data from Clark Moody’s Bitcoin dashboard.\nBitcoin transactions and their corresponding fees have been a key discussion point among industry participants in recent weeks, in part, due to the introduction of Bitcoin Ordinals and Runes.\nThe latter, a fungible token protocol launched in tandem with the latest Bitcoin halving last month, raised transaction fees to an all-time record during its debut.\nThe halving reduces miners’ rewards by 50% roughly every four years, with the latest quadrennial event cutting them from 6.25 Bitcoins to 3.125.\nBitcoin is the world’s first blockchain-based cryptocurrency.\nThe network’s genesis block was mined by its founder Satoshi Nakamoto in January 2009.\nFirst introduced by the pseudonymous founder as a peer-to-peer payment system, Bitcoin has historically been an inefficient blockchain for tokenized assets such as non-fungible or fungible tokens when compared to other networks like Solana or Ethereum.\nThe introduction of Bitcoin Ordinals brought a new wave of tokenized assets onto the network by inscribing data onto satoshis, the smallest unit of Bitcoin, allowing a rendition of NFTs to exist on the network.\nWith the launch of Runes, primarily used for memecoins today, fungible tokens can potentially introduce new possibilities to the network, such as expanded applications for decentralized finance.', 'The Bitcoin network recorded its one billionth transaction, according to data from Clark Moody’s Bitcoin dashboard.\nBitcoin transactions and their corresponding fees have been a key discussion point among industry participants in recent weeks, in part, due to the introduction of Bitcoin Ordinals and Runes.\nThe latter, a fungible token protocol launched in tandem with the latest Bitcoin halving last month, raised transaction fees to an all-time record during its debut.\nThe halving reduces miners’ rewards by 50% roughly every four years, with the latest quadrennial event cutting them from 6.25 Bitcoins to 3.125.\nBitcoin is the world’s first blockchain-based cryptocurrency.\nThe network’s genesis block was mined by its founder Satoshi Nakamoto in January 2009.\nFirst introduced by the pseudonymous founder as a peer-to-peer payment system, Bitcoin has historically been an inefficient blockchain for tokenized assets such as non-fungible or fungible tokens when compared to other networks like Solana or Ethereum.\nThe introduction of Bitcoin Ordinals brought a new wave of tokenized assets onto the network by inscribing data onto satoshis, the smallest unit of Bitcoin, allowing a rendition of NFTs to exist on the network.\nWith the launch of Runes, primarily used for memecoins today, fungible tokens can potentially introduce new possibilities to the network, such as expanded applications for decentralized finance.', "Join Web3 GP at three Hong Kong blockchain conferences this May, where sim racetracks become the battleground for an unprecedented display of speed, technology, and automotive artistry.\nHONG KONG, May 06, 2024 (GLOBE NEWSWIRE) --Web3 GP, a ground-breaking supercar racing platform that integrates Web3 Play-to-Earn (P2E) technology with open-source technology from the hottest racing sims, has announced they will be on display at the following May conferences in Hong Kong:\n• 8 May: FORKED(Soho House,frkd.io)\n• 9-10 May: Bitcoin Asia(Kai Tak Cruise Terminal,b.tc/conference/asia)\n• 11 May: Ordinals Asia(Soho House,ordinalsasia.com)\nRacing fans are invited to drop by the Web3 GP booth at these events to witness firsthand an exclusive, thrilling sim car race featuring a lineup of the rarest and most limited edition supercars ever designed. The Web3 GP virtual race circuit mirrors the world's most iconic tracks, from the sweeping curves of the Nürburgring to the demanding straits of Le Mans. The digital replication of these legendary courses is a fitting stage for an ultimate demonstration of prowess, pushing the boundaries of speed and precision.\nVideo:https://www.youtube.com/watch?v=1P7zovuPhJ8\nThe Best Open-Source Sim Racing Combined with Blockchain and Crypto\nWeb3 GP offers the highest standards in supercar simulation. It features a finely tuned virtual physics engine that replicates every nuance of the hottest limited edition supercars, ensuring that the digital experience mirrors the exhilaration of a real-life race. Skilled enthusiast drivers with a passion for high-performance machines can navigate the twists and turns with a precision that showcases the capabilities of their exclusive vehicles.\nBy combining P2E features with technology from some of the best racing sims — including top names such as Gran Turismo 7, Assetto Corsa, Project Cars 2, Automobilista 2, rFactor 2 and iRacing — Web3 GP represents a cutting-edge integration of supercar racing and blockchain technology. Sim racers earn Web3 GP’s proprietary $WGPX tokens for completing in-game achievements, such as winning races, setting track records, or reaching specific milestones.\nWGPX are tokens built on the Bitcoin Ledger by deploying ordinal inscriptions technology and function as NFTs representing in-game assets that players actuallyown, including cars, skins and accessories.\nAs WGPX tokens adhere to the Bitcoin standard, they are built directly on the Bitcoin network without any need for a separate token or sidechain, inheriting Bitcoin’s multi-layered security, making them among the most modern, efficient and secure tokens in the world.\nSetting a new standard for the convergence of luxury, technology, and speed, the Web3 GP limited edition supercar race will leave an indelible mark on the virtual racing world.\nAbout Web3 GPWeb3 GP was launched in 2024 as a ground-breaking supercar sim racing game that leverages Play-to-Earn GameFi technology. Sim Racers earn $WGPX inscriptions representing in-game assets as rewards for completing in-game achievements.\nOfficial ChannelsWeb3 GP Website:https://web3gp.io/Web3 GP Twitter/X:https://twitter.com/WGPX_RacingWeb3 GP Telegram:https://t.me/+hrQGKYBQj0kwODk9Web3 GP Youtube:https://www.youtube.com/@WGPXWeb3 GP Discord:https://discord.com/invite/ZFpgFvbzueWeb3 GP Linktr.ee:https://linktr.ee/wgpx\nMedia [email protected]@yourPRstrategist.com\nA photo accompanying this announcement is available athttps://www.globenewswire.com/NewsRoom/AttachmentNg/0b67ceab-4dcc-489d-97f4-c877eb65b284", "Join Web3 GP at three Hong Kong blockchain conferences this May, where sim racetracks become the battleground for an unprecedented display of speed, technology, and automotive artistry.\nHONG KONG, May 06, 2024 (GLOBE NEWSWIRE) --Web3 GP, a ground-breaking supercar racing platform that integrates Web3 Play-to-Earn (P2E) technology with open-source technology from the hottest racing **Last 60 Days of Bitcoin's Closing Prices:** [66925.48, 68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-05-06 **Financial & Commodity Data:** - Gold Closing Price: $2321.60 - Crude Oil Closing Price: $78.48 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,279,824,751,538 - Hash Rate: 534321337.7139056 - Transaction Count: 519817.0 - Unique Addresses: 466177.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.71 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: No public company has gone all-in onBitcoin(CRYPTO: BTC)quite likeMicroStrategy(NASDAQ: MSTR), which has purchased 193,000 bitcoins since 2020. As a result, the enterprise software company's stock is up over 900%, despite its core business stagnating. Are you a prospective investor who has a fear of missing out? Below, I'll examine why MicroStrategy is hoarding Bitcoin, how it's funding it, what could go wrong, and where the stock could go from here. MicroStrategy has a relatively long history as a business-to-business enterprise software company and went public in 1998 before the dot-com bubble. The company even foundedAlarm.comin 2000 before later selling it to a venture capital firm in 2009. Up until 2020, MicroStrategy was singularly focused on growing its core business. But with some cash on hand and slow revenue growth, now-Executive Chairman Michael Saylor decided to purchase $250 million of Bitcoin, becoming the first publicly traded company to do so. Saylor described Bitcoin and the investment as a "dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash." Since then, the company's revenue has stagnated. It generated $496 million in 2023, down almost 1% from $499 million in 2023. However, Saylor and MicroStrategy have doubled and tripled down on investing in Bitcoin. As of this writing, the company holds 193,000 Bitcoin at a total cost of $6.09 billion, or $31,168 per Bitcoin. The cryptocurrency's current price is roughly $67,000. If the company were to cash out, it would have more than doubled its investment. As mentioned above, the company's core software business had stalled, so it reinvested $726 million through 2023 into Bitcoin. Therefore, most of its Bitcoin transactions were funded through debt and equity. First, the company's debt has exploded from approximately $531 million in net cash to $2.1 billion innet debtsince its spending spree began. While MicroStrategy could easily sell its Bitcoin investment today and cover that debt, Saylor has repeatedly said he will never sell the company's cryptocurrency. When you combine that statement with the fact that the company generated $11 million and $1 million in operating income in 2022 and 2023, respectively, the company's debt is unlikely to decrease anytime soon. Additionally, MicroStrategy has been aggressively selling its shares on private markets to gain access to capital. As a result, the company'soutstanding shareshave exploded from 9.7 million in August 2020 to 17 million today, diluting the shares by 83%. As a result, existing shareholders' ownership stakes in the company have decreased as more shares became available. It's rather simple as to what could go wrong for the company: Bitcoin's price could crash. If the crypto price craters, MicroStrategy's stock will follow, and worse yet, the company could face a margin call. Essentially, its creditors would ask the company to deposit more funds to continue to service its debt, which Bitcoin backs. In theory, if Bitcoin's price fell low enough, MicroStrategy wouldn't be able to cover the margin call and could face bankruptcy -- even if it sells its holdings. Previously in 2022, when the company claimed to have 115,000 Bitcoin "unencumbered" by loans, Saylor acknowledged that if the price fell below $3,562, then MicroStrategy would run out of Bitcoin to use as collateral. As of Dec. 31, 2023, the company claimed 173,069 of its 189,150 Bitcoin were "unencumbered" by loans. In other words, MicroStrategy should be able to sustain a downturn in Bitcoin price, with the threat of a margin call only occurring if the cryptocurrency bottoms out. As the company continues to leverage itself with debt, the price at which it would face a margin call is likely to rise. The company's Bitcoin spending spree doesn't look like it will end anytime soon. This week, it announced a private offering for $600 million in convertible senior notes maturing in 2030, which the company will use to buy more Bitcoin. Senior convertible notes are a type of financial instrument that represents debt and holds the potential to be transformed into ownership shares at a future point in time. The notes are set to reach maturity on March 15, 2030 unless they're repurchased, redeemed, or converted earlier, as per the conditions outlined in their terms. Put differently, the issuer will likely elect to receive $600 million in cash if MicroStrategy's stock goes down, which will increase the company's debt. Or it may convert the notes into shares at a lower price if the stock goes up, diluting the share count. It could also elect to do a combination of both. In the meantime, the company will pay interest on the debt semi-annually at an interest rate yet to be determined. The company has been one of the best-performing stocks in 2024, with its share price increasing over 600% year to date. While it has generally tracked Bitcoin's return until recently, its leverage is starting to make it perform similarly to a leveraged exchange-traded fund (ETF), which amplifies returns (and losses). Additionally, MicroStrategy's market capitalization of $22 billion is significantly higher than its Bitcoin holdings, which were worth roughly $13 billion at the time of this writing. There's no doubt the company's bold Bitcoin strategy has paid off so far, but that doesn't necessarily mean it will continue. Its increasing leverage and share-count dilution are concerns that may keep traditional investors up at night. Investors interested in Bitcoin can opt for reduced risk by either purchasing the cryptocurrency directly or investing through one of the newly approved Bitcoin ETFs. Should you invest $1,000 in MicroStrategy right now? Before you buy stock in MicroStrategy, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and MicroStrategy wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than tripled the return of S&P 500 since 2002*. See the 10 stocks *Stock Advisor returns as of March 8, 2024 Collin Brantmeyerhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy. Is It Too Late to Buy MicroStrategy Stock?was originally published by The Motley Fool... - Reddit Posts (Sample): [['u/GoatBoyy777', 'Safemoon is absolutely garbage. ', 24, '2024-05-06 01:07', 'https://www.reddit.com/r/SafeMoon/comments/1cl492e/safemoon_is_absolutely_garbage/', 'Back in 2021, I had the opportunity of a lifetime when it comes to crypto. Out of all the tokens, BTC, ETH, and alt coins, I chose to go all in on safemoon. I have never touched that money since. I did one of those things where you buy a shit ton and then just check back years later. Unfortunately, I chose the worst crypto possible. I even sold all my dogecoin when it was at a fraction of a cent for safemoon. Man I really chose the wrong route. I think my safemoon is now worth like a few dollars 😂. I know they switched over to safemoon v2 but I did swap em over a couple years back and lost like half of the value converting them. Absolute shitcoin. ', 'https://www.reddit.com/r/SafeMoon/comments/1cl492e/safemoon_is_absolutely_garbage/', '1cl492e', [['u/SnooMemesjellies5506', 36, '2024-05-06 23:32', 'https://www.reddit.com/r/SafeMoon/comments/1cl492e/safemoon_is_absolutely_garbage/l2w2583/', 'Honestly if you went all in on safemoon you deserve what you got, you clearly had 0 idea of what you are doing and just yolo into it. This is financial investment, you don’t just invest into some random coin all in, you really need to reconsider why you thought you should post this, safe moon is garbage but your financial decisions is the landfill', '1cl492e']]], ['u/cryptoconniption', 'In case you die with BTC...', 405, '2024-05-06 01:13', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/', "Looking for advice: I have a decent sized portfolio, mostly BTC and it's all on Ledger. My father is in his 80s and not very good with computers. I've tried to teach him how to use it but it's not happening. What should I do to prepare for the hopefully unlikely event that I die before him? I also have a sister but she's terrible with computers also and I don't trust her. I want them to have everything if the worst happens.\n\nThoughts?\n\nBTW, I had a very expensive accountant help me out with my crypto taxes and thought that I could instruct my father to have him help but I didn't use that accountant this year because I stopped trading and didn't need someone at his level doing my taxes anymore.", 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/', '1cl4df3', [['u/Holdino01', 146, '2024-05-06 01:25', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2r98pc/', 'Following for advice, good question', '1cl4df3'], ['u/NiagaraBTC', 21, '2024-05-06 01:38', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rb2dq/', 'Ideally here you have someone you can trust who understands Bitcoin and can help your dad or sis with recovery.\n\nWithout that person, this is where a service like Nunchuk or Unchained would be of assistance.', '1cl4df3'], ['u/humdinger44', 71, '2024-05-06 01:39', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rb6iw/', 'If i were you I would just put some meager effort into trying to outlive an 80 yr old.', '1cl4df3'], ['u/zorg621', 42, '2024-05-06 01:43', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rbrc2/', "Posted this on another comment below. But Ben from BTC Sessions has put together a company teaching people this exact thing. \n\nwww.bitcoinmentor.io \n\nI'm one of the mentors on the site, check it out if curious. If not no worries 🤙", '1cl4df3'], ['u/illbegood11', 327, '2024-05-06 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rcnin/', 'Get a lawyer who specializes in estates and bitcoin.', '1cl4df3'], ['u/cryptoconniption', 10, '2024-05-06 01:50', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rcowa/', "I'll check out those companies. Unfortunately I don't have any friends into crypto", '1cl4df3'], ['u/bigheader03', 78, '2024-05-06 01:58', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rdpxs/', "I come from two families (my biological and inlaws) where I can completely trust my finances with either of them. \n\nI told my wife, if anything happens to me, take the seed phrase and give it to my brother or hers, and they'll know what to do. \n\nIt really does make me sad we live in a world where people don't have the luxury of trusting their own family with their finances.", '1cl4df3'], ['u/TopKekistan76', 17, '2024-05-06 02:03', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2reheu/', 'You should look into opening a trust. Security of the seed phrase may still be a bit tricky but a trust will allow you to pass along very clear directions and give the people you wish to have it all the necessary info as part of the legal settling of the trust.', '1cl4df3'], ['u/LTFitness', 15, '2024-05-06 02:24', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rhe24/', 'Never a popular suggestion here, but this is my advice. \n\nTransfer off hardware and onto an exchange like Coinbase. \n\nWhy? Then it’s not just a hardware wallet your father has no idea what to do with, no maybe even a lawyer you have set up to handle your will. \n\nHowever your father and a lawyer know how to operate a phone, and with the information needed in hand, they can work with an exchanges customer service to get the funds where they need to be with legal documentation. \n\nYour ledger isn’t going to listen to or comply a legal order, it can’t…however an exchange customer service can.', '1cl4df3'], ['u/GMEthLoopring', 87, '2024-05-06 02:27', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rhu1x/', 'Honestly?\n\nThe ETF is great for this, much easier to transfer upon death than… something most people can’t figure out', '1cl4df3'], ['u/Large_Subject_4153', 38, '2024-05-06 02:36', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rj1e6/', 'Problem if OP already has a sizable stack would be paying capital gains taxes to then buy ETF.', '1cl4df3'], ['u/SoupaSoka', 12, '2024-05-06 02:40', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rjkrv/', 'Not a popular suggestion, but absolutely one that is worth consideration, at least. Gotta weigh the pros and cons.', '1cl4df3'], ['u/Mrgod2u82', 27, '2024-05-06 03:06', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rn6oz/', "Like not driving, not flying, living in a basement, having groceries bought for you (health ones of cource), etc.\n\nReality is that shit happens. A driver could head on you, the plane could crash, you could get killed in the grocery store.\n\nShit happens and planing for it isn't a bad idea.\n\nTrying isn't the be all end all.", '1cl4df3'], ['u/GMEthLoopring', 11, '2024-05-06 03:09', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rnjez/', 'If it’s long term gains at 15%, not terrible overall considering you gotta pay tax on gains EVENTUALLY\n\nResets cost basis and gets some security, slightly less efficient but fo', '1cl4df3'], ['u/freighttrainmatt', 18, '2024-05-06 03:18', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rotfa/', 'I appreciate your trust in your family but money changes things. I just want to make you privy to that, you are not exempt from that if we are talking a large sum.', '1cl4df3'], ['u/F101crypto', 130, '2024-05-06 03:40', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rrszn/', 'Finding a good ( non corrupt non / full of crap) attorney or account good with crypto and estate planning in the USA ?? Yeh right. Share a short list please . That WOULD be great alpha', '1cl4df3'], ['u/Austeri', 10, '2024-05-06 04:19', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rxcdr/', 'Have you ever talked to an attorney lol', '1cl4df3'], ['u/chrisjoneschrisjones', 11, '2024-05-06 04:21', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2rxlk8/', 'Your heirs should be able to take advantage of a cost basis step-up if you hold the original Bitcoin, so in more cases it’s probably better to keep it as is and figure out how to make sure they know what to do.', '1cl4df3'], ['u/DominilocO', 12, '2024-05-06 04:27', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2ryg6i/', 'Its ok bro, less btc in circulation.', '1cl4df3'], ['u/Ryan_D_Lion', 12, '2024-05-06 04:51', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s1k7h/', "Nope.\n\nCouldn't disagree more.\n\nMoney doesn't change people.\n\nIt only amplifies what's already there.\n\nIn addition if you can't trust your family then you have a shitty family member. Sorry to be the bearer of the blunt honest truth.", '1cl4df3'], ['u/Probablyinsanes', 81, '2024-05-06 05:00', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s2n24/', 'This is fair. Very long story short (don’t know every detail), my great aunt had millions of dollars and when she passed her attorney took everything.', '1cl4df3'], ['u/freighttrainmatt', 12, '2024-05-06 05:11', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s41tv/', 'Use whatever euphemism you want, but you don’t know until it happens. So be prepared and put things in writing. You are absolutely right, shitty people can be born into our families. It doesn’t define me or you but you need to be prepared if they rear their ugly heads. Just something to think about', '1cl4df3'], ['u/justsomejabroni', 10, '2024-05-06 05:32', 'https://www.reddit.com/r/Bitcoin/comments/1cl4df3/in_case_you_die_with_btc/l2s6lf7/', 'My dad is 78 and has never used a cellphone or computer. Do u get many clients like that?', '1cl4df3'], ['u/Tabula_Rasa69', 35, '2024-05-06 05:36', 'ht... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["VILNIUS, Lithuania,May 7, 2024/PRNewswire/ --CCPaymentis proud to announce the launch of itsunique payment API, which allows digital businesses to add dynamism to their checkout pages.\nWith this API, businesses can easily integrate crypto payments to their existing checkout pages, so customers can pay with Bitcoin, Ethereum, Stablecoins, and other popular cryptocurrencies, and confirm their transactions instantly, with minimal fees.\nThis facilitates convenience and flexibility, making it possible for businesses to go borderless, opening doors to a global marketplace.\n• CCPayment's new API has been launched, allowing businesses to accept 900+ cryptocurrencies as payment for goods and services.\n• CCPayment excels at crypto payment solutions across several industries, including iGaming, Finance, Advertising, Brokers, and Exchanges to name a few.\n• CCPayment allows API deposits for a low fee of 0.03%, compared to the industry average of 1%\n• CCPayment automates the cashout process with auto-swap, crypto-to–fiat swap, and auto-withdrawal features.\nAdvantages of\xa0CCPayment Compared To Other Crypto Payment Processors\n1. Fees:CCPayment'sfee structureis by far the best amongst other crypto payment processors available currently. CCPayment charges 0.03% for API deposits - way lower than the average industry fee of 1%.\n2. Blockchain Infrastructure:CCPayment\xa0owns powerful blockchain nodes, which can detect transaction statuses and credit amount accordingly and send immediate notification to client's server.\n3. Dedicated Account Manager:Each merchant account on CCPayment\xa0has a dedicated account manager who can be promptly reached to get customized services, negotiate fees, make special requests like supporting specific token, or provide feedback for prompt resolutions.\nFeatures of CCPayment's New Payment API\n• Easy To Integrate:Integrating CCPayment's cryptopayment APIto your existing checkout page is extremely easy and can be completed within a few hours.\n• Supports Auto-Withdrawal:All cryptocurrencies accepted from the payment API can be automatically withdrawn into an external wallet or exchange upon receipt.\n• Supports Auto-Swap:Cryptocurrencies deposited from the payment API can be automatically swapped to stable coins to hedge against potential volatility.\n• Easy Onboarding Process: The onboarding process is as simple as in 3 simple steps,register an account, verify website ownership, integration and activation. It is smooth, short, requires no documentation, and it automatically generates an internal wallet for you upon sign-up.\nAbout CCPayment\nCCPayment, Hash AI Technology Limited, alongside its sister projectCwallet, brings over five years of experience in the cryptocurrency industry. This ensures that businesses can seamlessly accept crypto payments without any complications.\nAs a\xa0crypto payment gateway, CCPayment facilitates the acceptance and processing of cryptocurrency payments for businesses and merchants. It serves as an intermediary between customers who wish to pay with cryptocurrencies like Bitcoin and businesses that want to receive these crypto assets for their products or services.\nCheck outCCPaymenttoday and open your business to a world of possibilities.\nMedia Contact:\nMaxMarketing [email protected]\nView original content to download multimedia:https://www.prnewswire.com/apac/news-releases/ccpayment-launches-new-payment-api-900-cryptocurrencies-accepted-now-as-payment-302136698.html\nSOURCE CCpayment", "• US stocks surged on Monday amid solid first-quarter earnings reports and renewed hopes of interest rate cuts.\n• Rate cut wagers grew following Friday's lighter-than-expected April jobs report.\n• The futures market is now pricing in at least two interest rate cuts by the end of the year.\nUS stocks surged on Monday, extending gains from Friday and marking the best three-day rally of the year as investors cheered solid first-quarter earnings report and hopes for interest rate cuts were renewed.\nOf the 80% of S&P 500 companies that have so far reported results, 81% are beating profit estimates by a median of 7%. Meanwhile, 61% of companies have beaten revenue estimates by a median of 4%, according to data from Fundstrat.\nImportantly, most mega-cap tech companies that have held up the stock market in recent years reported solid earnings growth and reiterated their outlooks for higher sales and profits. The major companyleft to report results is Nvidia,which is scheduled to deliver earnings on May 22.\nMeanwhile, the jolt of hope for interest rate cuts followedthe Friday release of the April jobs report, which was weaker-than-expected based on economists forecasts. The US economy added 175,000 jobs last month, compared to estimates for nearly 250,000 jobs.\nThe futures market sees two 25-basis point interest rate cuts from the Federal Reserve by the end of the year, which is an increase from the recent pricing of just one interest rate cut a week ago.\nInvestors will look for further clues about interest rate cuts from several Federal Reserve members this week, with nine scheduled to speak between throughout the week.\nFed President Tom Barkin said on Monday that the economy has to slow down further before interest rate cuts can happen, but markets largely didn't appear to take that as an overly hawkish view.\nHere's where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500:5,180.74, up 1.03%\n• Dow Jones Industrial Average:38,852.27, up 0.46% (+176.59 points)\n• Nasdaq composite:16,349.25, up 1.19%\nHere's what else happened today:\n• Berkshire Hathaway released its first-quarter earnings results over the weekend,and revealed it held $189 billion in cash.\n• Here's what Berkshire Hathaway CEO Warren Buffett had to sayat his company's annual shareholder meeting.\n• Inflation is scrambling Americans' perceptions of middle-class lifeas rising prices weigh on consumers' purchasing power.\n• Nvidia is dominating an AI-obsessed earnings season,and it hasn't even reported its results yet.\n• Elon Musk said Warren Buffett should buy Tesla stock for Berkshire Hathaway,but that's probably never going to happen.\n• The US government is paying $2 million per minute in interest expenses,and that number is only set to grow from here.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped 0.60% to $78.58 a barrel.Brent crude, the international benchmark, rose 0.51% to $83.38 a barrel.\n• Goldedged higher by 1.07% to $2,333.40 per ounce.\n• The 10-year Treasury yield fell 2 basis points to 4.49%.\n• Bitcoinedged lower by 1.46% to $63,099.\nRead the original article onBusiness Insider", "• The hacker sent 11 batches of 100 ether to Tornado Cash over a two-hour period.\n• The wallet also sent $32 million worth of bitcoin to an unlabelled wallet last week.\nA hacker thatstole $125 million from Poloniex's hot walletsin November has sent 1,100 ether {{ETH}} to sanctioned coin mixer Tornado Cash, according toblockchain data.\nThe ether, worth roughly $3.3 million, was sent to Tornado Cash in 100 ETH batches on Tuesday, having been dormant for 178 days.\nThe Poloniex hacker also sent 501 bitcoin {{BTC}} worth $32 million to an unlabelled wallet on April 30. It still holds a total of $181 million worth of crypto across various blockchains, Arkhamdata shows.\nTornado Cash is a protocol that allows users to obfuscate crypto tokens by mixing assets across multiple wallets over a prolonged period of time. It wassanctioned by the U.S. Treasury Departmentin 2022 shortly after it was used by North Korean hacking group Lazarus, which attempted to hide funds secured from the$625 million Axie Infinity exploit.\nBlockchain security firm Elliptic said in March thatLazarus Group used Tornado Cash to launder $12 millionfrom the Heco Bridge hack, which occurred shortly after the Poloniex Hack.", '• Bitcoin rebound spurs demand for out-of-the-money calls at strikes from $70,000 to $100,000.\n• Analysts said the path of least resistance for bitcoin is on the higher side.\nBitcoin\'s {{BTC}} renewed price upswing has options traders reconsidering the possibility of the cryptocurrency reaching the $100,000 level at some point this year.\nThe leading cryptocurrency by market value has risen over 12% to $63,470 since Federal Reserve Chairman Jerome Powellruled outadditional tightening or rate hikes as the next policy move last Wednesday, CoinDesk data show. Friday\'s disappointing U.S. nonfarm payrolls (NFP) data validated Powell\'s stance, accelerating BTC\'s recovery.\nAs such, there has been a notable increase in demand for bitcoin call options on leading cryptocurrency exchange Deribit and over-the-counter (OTC) networks. These options are specifically targeting a rally to new highs, potentially surpassing $75,000 and even reaching $100,000.\n"We are seeing some bullish follow-through in volatility and rates following the reversal bounce from Friday and into the weekend. BTC risk reversals have gone positive (calls more expensive than puts), and [there has been a] renewed demand for BTC Sep expiry $75,000 and $100,000 calls," QCP Capital said in a note on Monday.\nA call option gives the right to purchase the underlying asset at a predetermined price on or before a specific date. A call buyer is implicitly bullish on the market and a put option buyer is bearish.\nOTC institutional cryptocurrency trading network Paradigm made a similar observation Monday, stating increased demand for out-of-the-money (OTM) calls or those at strikes well above BTC\'s going market rate.\n"The options market seemed to anticipate a short-term leg higher up earlier this morning with top BTC and ETH trades on Paradigm consisting of OTM calls bought in size. We noticed the previous March 25 [expiry] $200,000 call buyer closing his position to buy the July 2024 [expiry] $85,000 strike," Paradigm said in a Telegram broadcast.\nData from Deribit show traders have locked in over $688 **Last 60 Days of Bitcoin's Closing Prices:** [68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-05-07 **Financial & Commodity Data:** - Gold Closing Price: $2315.20 - Crude Oil Closing Price: $78.38 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,246,743,967,850 - Hash Rate: 534321337.7139056 - Transaction Count: 372643.0 - Unique Addresses: 495831.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.68 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcointook a sharp tumble on Saturday amid a frightening uptick in geopolitical tensions. Following news that Iran’s fundamentalist rulers had launched a massive air attack on Israel, the price fell from around $70,000 to $62,000—a more than 10% drop—while some altcoins plunged 15% or more. Crypto markets rebounded slightly on reports Israel and its allies shot down over 99% of the incoming drones, cruise missiles, and ballistic missiles, but Bitcoin was still trading closer to $65,000 by Monday morning. While the crisis appears contained, at least for now, the scary episode serves a fresh challenge to one of the crypto world’s favorite narratives—that if the world goes to hell and countries collapse, Bitcoin will flourish as a store of value. Instead, as the weekend’s sudden price drop showed, investors are more inclined to dump Bitcoin than to buy it. Meanwhile,gold—which many view as the original and ultimate store of value—ticked up at the height of the weekend’s crisis. It’s true that Bitcoin’s sudden drop was fueled by a wave of liquidations as traders, some of whom were leveraged 50x or more, couldn’t cover their positions after prices first dipped on the war news, which led to still more selloffs. In contrast to these short-term traders, there are many more people holding Bitcoin for the long term—and it’s a safe bet few of them sold or were even tempted to do so. Still, this doesn’t change the fact that amid the latest geopolitical crisis, more people chose to sell Bitcoin than buy it. The broader market treated Bitcoin as a risky asset to flee in favor of traditional safe havens like gold, bonds, and the U.S. dollar. Regardless of whether the broader market view is correct, that’s what happened when Iran started firing missiles. Even though Bitcoin, for now at least, can’t claim to be an economic safe haven, this weekend’s events show that the crypto markets may serve as something else—an early warning signal. Unlike traditional markets, crypto exchanges operate around the clock. Meanwhile, many people in the crypto world follow geopolitical events closely. These conditions mean that crypto prices are among the first to respond to major news events and, when those events occur outside market hours, could serve as a good predictor for what will happen at the opening bell. No doubt people are already working on trading algorithms to do just that. Jeff John [email protected]@jeffjohnroberts This story was originally featured onFortune.com... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88
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:** ["VILNIUS, Lithuania,May 7, 2024/PRNewswire/ --CCPaymentis proud to announce the launch of itsunique payment API, which allows digital businesses to add dynamism to their checkout pages.\nWith this API, businesses can easily integrate crypto payments to their existing checkout pages, so customers can pay with Bitcoin, Ethereum, Stablecoins, and other popular cryptocurrencies, and confirm their transactions instantly, with minimal fees.\nThis facilitates convenience and flexibility, making it possible for businesses to go borderless, opening doors to a global marketplace.\n• CCPayment's new API has been launched, allowing businesses to accept 900+ cryptocurrencies as payment for goods and services.\n• CCPayment excels at crypto payment solutions across several industries, including iGaming, Finance, Advertising, Brokers, and Exchanges to name a few.\n• CCPayment allows API deposits for a low fee of 0.03%, compared to the industry average of 1%\n• CCPayment automates the cashout process with auto-swap, crypto-to–fiat swap, and auto-withdrawal features.\nAdvantages of\xa0CCPayment Compared To Other Crypto Payment Processors\n1. Fees:CCPayment'sfee structureis by far the best amongst other crypto payment processors available currently. CCPayment charges 0.03% for API deposits - way lower than the average industry fee of 1%.\n2. Blockchain Infrastructure:CCPayment\xa0owns powerful blockchain nodes, which can detect transaction statuses and credit amount accordingly and send immediate notification to client's server.\n3. Dedicated Account Manager:Each merchant account on CCPayment\xa0has a dedicated account manager who can be promptly reached to get customized services, negotiate fees, make special requests like supporting specific token, or provide feedback for prompt resolutions.\nFeatures of CCPayment's New Payment API\n• Easy To Integrate:Integrating CCPayment's cryptopayment APIto your existing checkout page is extremely easy and can be completed within a few hours.\n• Supports Auto-Withdrawal:All cryptocurrencies accepted from the payment API can be automatically withdrawn into an external wallet or exchange upon receipt.\n• Supports Auto-Swap:Cryptocurrencies deposited from the payment API can be automatically swapped to stable coins to hedge against potential volatility.\n• Easy Onboarding Process: The onboarding process is as simple as in 3 simple steps,register an account, verify website ownership, integration and activation. It is smooth, short, requires no documentation, and it automatically generates an internal wallet for you upon sign-up.\nAbout CCPayment\nCCPayment, Hash AI Technology Limited, alongside its sister projectCwallet, brings over five years of experience in the cryptocurrency industry. This ensures that businesses can seamlessly accept crypto payments without any complications.\nAs a\xa0crypto payment gateway, CCPayment facilitates the acceptance and processing of cryptocurrency payments for businesses and merchants. It serves as an intermediary between customers who wish to pay with cryptocurrencies like Bitcoin and businesses that want to receive these crypto assets for their products or services.\nCheck outCCPaymenttoday and open your business to a world of possibilities.\nMedia Contact:\nMaxMarketing [email protected]\nView original content to download multimedia:https://www.prnewswire.com/apac/news-releases/ccpayment-launches-new-payment-api-900-cryptocurrencies-accepted-now-as-payment-302136698.html\nSOURCE CCpayment", "• US stocks surged on Monday amid solid first-quarter earnings reports and renewed hopes of interest rate cuts.\n• Rate cut wagers grew following Friday's lighter-than-expected April jobs report.\n• The futures market is now pricing in at least two interest rate cuts by the end of the year.\nUS stocks surged on Monday, extending gains from Friday and marking the best three-day rally of the year as investors cheered solid first-quarter earnings report and hopes for interest rate cuts were renewed.\nOf the 80% of S&P 500 companies that have so far reported results, 81% are beating profit estimates by a median of 7%. Meanwhile, 61% of companies have beaten revenue estimates by a median of 4%, according to data from Fundstrat.\nImportantly, most mega-cap tech companies that have held up the stock market in recent years reported solid earnings growth and reiterated their outlooks for higher sales and profits. The major companyleft to report results is Nvidia,which is scheduled to deliver earnings on May 22.\nMeanwhile, the jolt of hope for interest rate cuts followedthe Friday release of the April jobs report, which was weaker-than-expected based on economists forecasts. The US economy added 175,000 jobs last month, compared to estimates for nearly 250,000 jobs.\nThe futures market sees two 25-basis point interest rate cuts from the Federal Reserve by the end of the year, which is an increase from the recent pricing of just one interest rate cut a week ago.\nInvestors will look for further clues about interest rate cuts from several Federal Reserve members this week, with nine scheduled to speak between throughout the week.\nFed President Tom Barkin said on Monday that the economy has to slow down further before interest rate cuts can happen, but markets largely didn't appear to take that as an overly hawkish view.\nHere's where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500:5,180.74, up 1.03%\n• Dow Jones Industrial Average:38,852.27, up 0.46% (+176.59 points)\n• Nasdaq composite:16,349.25, up 1.19%\nHere's what else happened today:\n• Berkshire Hathaway released its first-quarter earnings results over the weekend,and revealed it held $189 billion in cash.\n• Here's what Berkshire Hathaway CEO Warren Buffett had to sayat his company's annual shareholder meeting.\n• Inflation is scrambling Americans' perceptions of middle-class lifeas rising prices weigh on consumers' purchasing power.\n• Nvidia is dominating an AI-obsessed earnings season,and it hasn't even reported its results yet.\n• Elon Musk said Warren Buffett should buy Tesla stock for Berkshire Hathaway,but that's probably never going to happen.\n• The US government is paying $2 million per minute in interest expenses,and that number is only set to grow from here.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped 0.60% to $78.58 a barrel.Brent crude, the international benchmark, rose 0.51% to $83.38 a barrel.\n• Goldedged higher by 1.07% to $2,333.40 per ounce.\n• The 10-year Treasury yield fell 2 basis points to 4.49%.\n• Bitcoinedged lower by 1.46% to $63,099.\nRead the original article onBusiness Insider", "• The hacker sent 11 batches of 100 ether to Tornado Cash over a two-hour period.\n• The wallet also sent $32 million worth of bitcoin to an unlabelled wallet last week.\nA hacker thatstole $125 million from Poloniex's hot walletsin November has sent 1,100 ether {{ETH}} to sanctioned coin mixer Tornado Cash, according toblockchain data.\nThe ether, worth roughly $3.3 million, was sent to Tornado Cash in 100 ETH batches on Tuesday, having been dormant for 178 days.\nThe Poloniex hacker also sent 501 bitcoin {{BTC}} worth $32 million to an unlabelled wallet on April 30. It still holds a total of $181 million worth of crypto across various blockchains, Arkhamdata shows.\nTornado Cash is a protocol that allows users to obfuscate crypto tokens by mixing assets across multiple wallets over a prolonged period of time. It wassanctioned by the U.S. Treasury Departmentin 2022 shortly after it was used by North Korean hacking group Lazarus, which attempted to hide funds secured from the$625 million Axie Infinity exploit.\nBlockchain security firm Elliptic said in March thatLazarus Group used Tornado Cash to launder $12 millionfrom the Heco Bridge hack, which occurred shortly after the Poloniex Hack.", '• Bitcoin rebound spurs demand for out-of-the-money calls at strikes from $70,000 to $100,000.\n• Analysts said the path of least resistance for bitcoin is on the higher side.\nBitcoin\'s {{BTC}} renewed price upswing has options traders reconsidering the possibility of the cryptocurrency reaching the $100,000 level at some point this year.\nThe leading cryptocurrency by market value has risen over 12% to $63,470 since Federal Reserve Chairman Jerome Powellruled outadditional tightening or rate hikes as the next policy move last Wednesday, CoinDesk data show. Friday\'s disappointing U.S. nonfarm payrolls (NFP) data validated Powell\'s stance, accelerating BTC\'s recovery.\nAs such, there has been a notable increase in demand for bitcoin call options on leading cryptocurrency exchange Deribit and over-the-counter (OTC) networks. These options are specifically targeting a rally to new highs, potentially surpassing $75,000 and even reaching $100,000.\n"We are seeing some bullish follow-through in volatility and rates following the reversal bounce from Friday and into the weekend. BTC risk reversals have gone positive (calls more expensive than puts), and [there has been a] renewed demand for BTC Sep expiry $75,000 and $100,000 calls," QCP Capital said in a note on Monday.\nA call option gives the right to purchase the underlying asset at a predetermined price on or before a specific date. A call buyer is implicitly bullish on the market and a put option buyer is bearish.\nOTC institutional cryptocurrency trading network Paradigm made a similar observation Monday, stating increased demand for out-of-the-money (OTM) calls or those at strikes well above BTC\'s going market rate.\n"The options market seemed to anticipate a short-term leg higher up earlier this morning with top BTC and ETH trades on Paradigm consisting of OTM calls bought in size. We noticed the previous March 25 [expiry] $200,000 call buyer closing his position to buy the July 2024 [expiry] $85,000 strike," Paradigm said in a Telegram broadcast.\nData from Deribit show traders have locked in over $688 **Last 60 Days of Bitcoin's Closing Prices:** [68300.09, 68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-05-07 **Financial & Commodity Data:** - Gold Closing Price: $2315.20 - Crude Oil Closing Price: $78.38 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,246,743,967,850 - Hash Rate: 534321337.7139056 - Transaction Count: 372643.0 - Unique Addresses: 495831.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.68 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcointook a sharp tumble on Saturday amid a frightening uptick in geopolitical tensions. Following news that Iran’s fundamentalist rulers had launched a massive air attack on Israel, the price fell from around $70,000 to $62,000—a more than 10% drop—while some altcoins plunged 15% or more. Crypto markets rebounded slightly on reports Israel and its allies shot down over 99% of the incoming drones, cruise missiles, and ballistic missiles, but Bitcoin was still trading closer to $65,000 by Monday morning. While the crisis appears contained, at least for now, the scary episode serves a fresh challenge to one of the crypto world’s favorite narratives—that if the world goes to hell and countries collapse, Bitcoin will flourish as a store of value. Instead, as the weekend’s sudden price drop showed, investors are more inclined to dump Bitcoin than to buy it. Meanwhile,gold—which many view as the original and ultimate store of value—ticked up at the height of the weekend’s crisis. It’s true that Bitcoin’s sudden drop was fueled by a wave of liquidations as traders, some of whom were leveraged 50x or more, couldn’t cover their positions after prices first dipped on the war news, which led to still more selloffs. In contrast to these short-term traders, there are many more people holding Bitcoin for the long term—and it’s a safe bet few of them sold or were even tempted to do so. Still, this doesn’t change the fact that amid the latest geopolitical crisis, more people chose to sell Bitcoin than buy it. The broader market treated Bitcoin as a risky asset to flee in favor of traditional safe havens like gold, bonds, and the U.S. dollar. Regardless of whether the broader market view is correct, that’s what happened when Iran started firing missiles. Even though Bitcoin, for now at least, can’t claim to be an economic safe haven, this weekend’s events show that the crypto markets may serve as something else—an early warning signal. Unlike traditional markets, crypto exchanges operate around the clock. Meanwhile, many people in the crypto world follow geopolitical events closely. These conditions mean that crypto prices are among the first to respond to major news events and, when those events occur outside market hours, could serve as a good predictor for what will happen at the opening bell. No doubt people are already working on trading algorithms to do just that. Jeff John [email protected]@jeffjohnroberts This story was originally featured onFortune.com... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
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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:** ['• Crypto trading firm Wintermute will provide liquidity for the Hong Kong-listed spot bitcoin and ether ETFs, the company announced.\n• The London-based company said it wants to play a bigger part in the Asian market, hence the partnership.\nLooking to strengthen its market share in the Asia region, Wintermute will be a liquidity provider to the recently launched Hong Kong-listed spot bitcoin and ether exchange-traded funds, the company announced Wednesday.\nThe London-based firm is partnering with OSL Digital Securities and HashKey HK Exchange, both of which are sub-custodians of virtual asset trading platforms facilitating the operation of the ETFs, according to the statement.\n“Crypto ETFs provide a means for investors at all levels to enter into the world of digital assets through a regulated and government-endorsed investment vehicle," said Wintermute CEO Evgeny Gaevoy. "[They] play a key role in bringing the next wave of investors into the crypto space, both institutional and retail … Increasing access to digital assets will play a critical function in further accelerating growth, and Wintermute is excited to play a key role in that process.”\nThe market maker will help both OSL and HashKey with the buying, selling and delivery of the underlying assets of the ETFs, in this case bitcoin {{BTC}} and ether {{ETH}}, to allow for a seamless creation and redemption process.\nThe partnership is part of a broader expansion to the Asian market, the company said. “Hong Kong has established itself as a leading advocate for crypto in the APAC region, and we are hopeful that other countries will follow their lead in the near future,” Gaevoy said.\nThe three Hong Kong-listed bitcoin ETFs, whichwent live on April 29, have so far seen aslow startcompared to their counterparts in the U.S. As of the close on Monday they had accumulated just shy of 4,400 bitcoins or roughly $276 million in assets under management.', '• Crypto trading firm Wintermute will provide liquidity for the Hong Kong-listed spot bitcoin and ether ETFs, the company announced.\n• The London-based company said it wants to play a bigger part in the Asian market, hence the partnership.\nLooking to strengthen its market share in the Asia region, Wintermute will be a liquidity provider to the recently launched Hong Kong-listed spot bitcoin and ether exchange-traded funds, the company announced Wednesday.\nThe London-based firm is partnering with OSL Digital Securities and HashKey HK Exchange, both of which are sub-custodians of virtual asset trading platforms facilitating the operation of the ETFs, according to the statement.\n“Crypto ETFs provide a means for investors at all levels to enter into the world of digital assets through a regulated and government-endorsed investment vehicle," said Wintermute CEO Evgeny Gaevoy. "[They] play a key role in bringing the next wave of investors into the crypto space, both institutional and retail … Increasing access to digital assets will play a critical function in further accelerating growth, and Wintermute is excited to play a key role in that process.”\nThe market maker will help both OSL and HashKey with the buying, selling and delivery of the underlying assets of the ETFs, in this case bitcoin {{BTC}} and ether {{ETH}}, to allow for a seamless creation and redemption process.\nThe partnership is part of a broader expansion to the Asian market, the company said. “Hong Kong has established itself as a leading advocate for crypto in the APAC region, and we are hopeful that other countries will follow their lead in the near future,” Gaevoy said.\nThe three Hong Kong-listed bitcoin ETFs, whichwent live on April 29, have so far seen aslow startcompared to their counterparts in the U.S. As of the close on Monday they had accumulated just shy of 4,400 bitcoins or roughly $276 million in assets under management.', "• The recent equity rebound stalled as investor rate cut bets were made uncertain by Fed commentary.\n• Fed President Neel Kashkari said rates might not be restrictive enough to clamp down on inflation.\n• Earnings continued to roll in, with Disney and Palantir dropping sharply following first-quarter reports.\nUS stocks were mostly higher Tuesday, with the S&P 500 and Dow Jones Industrial Average continuing to pull slightly higher.\nThe Dow hit its fourth straight day of gains, adding to a rebound that started last week. The rally was slowed during Tuesday's session as doubt about rate cuts crept back up following comments from Minneapolis Federal Reserve President Neel Kashkari, who noted that interest rates may not yet berestrictive enough to clamp down on inflation.\nHis remarks followed similar hawkishness from Fed President Tom Barkin on Monday, who indicated that the economy will need to slow down more before policy can pivot.\nStill, futures markets see two 25-basis point interest cuts this year, better than what was expected in April.\nInvestors will tune in to further commentary this week as Fed Governor Lisa Cook and Chicago President Austan Goolsbee are lined up to speak on Wednesday and Friday.\nMeanwhile, earnings data continues to flow in and has helped keep indices afloat. However, weak reports sent shares inDisneyandPalantirplunging 10% and 15% on Tuesday.\nHere's where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 5,187.70, up 0.13%\n• Dow Jones Industrial Average: 38,884.26, up 0.08% (+31.99 points)\n• Nasdaq composite: 16,332.56, down 0.1%\nHere's what else happened today:\n• Nvidia still has 22% upsideand its valuation is still cheap, Goldman Sachs says.\n• Inflation will rocket if the US doesn't focus onbuilding domestic industries, investment manager Richard Bernstein warns.\n• A 'proper' downturnwill hit in late 2024, spurring a steep Fed pivot, Manulife's chief economist says.\n• The US is unlikely to achieve asoft landing as low-income consumers cut back on spending, Citi CEO Jane Fraser says.\n• Billionaire investor cut back his Nvidia holdings asAI investing has become 'overhyped' for now.\n• A super-rare Magic: The Gathering cardjust sold for a record $3 billion.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil increased 0.6% to $78.52 a barrel.Brent crude, the international benchmark, inched up 0.1% to $83.22 a barrel.\n• Goldslipped by 0.31% to $2,313.23 per ounce.\n• The 10-year Treasury yield slid two basis points to 4.465%.\n• Bitcoinwas essentially flat at $63,142.\nRead the original article onBusiness Insider", 'This news release constitutes a "designated news release" for the purposes of the Company\'s amended and restated prospectus supplement dated August 17, 2023, to its short form base shelf prospectus dated May 1, 2023.\nVancouver, British Columbia--(Newsfile Corp. - May 8, 2024) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE") a pioneer in green energy-powered blockchain infrastructure, proudly announces its unaudited production figures for April 2024. In April the Company mined 212 Bitcoin, increasing its Bitcoin holdings by 4%, now totalling 2,377 Bitcoin on the balance sheet. HIVE maintained an average Bitcoin mining capacity of over 4.9 Exahash ("EH/s") in April 2024 (all amounts in US dollars, unless otherwise indicated).\nApril 2024 Highlights:\n• Production:Mined 212 Bitcoin in April 2024.\n• Mining Capacity Increase:Ended April with a 5.0 EH/s ASIC mining capacity, a notable 6% increase in month-end hashrate.\n• HODL Position:Increased to 2,377 BTC, a 4% increase from the prior month.\n• Mining Efficiency:Achieved an average of 43.6 Bitcoin per Exahash, with a consistent average hashrate of 4.9 EH/s, and an 8% increase in monthly average hashrate.\n• Daily Production:Averaged a production of 7.1 BTC per day, showcasing operational efficiency and robust mining capabilities.\nStrategic HODL Increase:\nAs of May 6, 2024, HIVE\'s HODL position grew to 2,400 BTC, up from 2,377 BTC at the end of April 2024.\nThis growth aligns with the Company\'s strategy to anticipate increased demand for BTC, particularly after the launch and approval of spot Bitcoin ETFs. HIVE continues to focus on maximizing cash flow return on invested capital (CFROIC) per share while being mindful of shareholder dilution. Like the last Bitcoin halving four years ago, we remain optimistic about generating operating income and continue upgrading our suite of ASIC chips for more energy-efficient Bitcoin mining. We are also excited about the progress in our high-performance computing (HPC) strategy, repurposing our suite of Nvidia chips to meet the global demand for AI data services. This growth remains on track as anticipated and, most importantly, is generating expanding positive operating income.\nExecutive Insights:\nFrank Holmes, Executive Chairman, commented on the Company\'s strategic vision: "Our HODL position is healthy, especially on a per-share basis compared to our peers. We ended the month with approximately $150 million in Bitcoin, which is approximately $100 million more than last year when Bitcoin was $29,290 at April 30, 2023 and $63,839 this year at April 30, 2024 which is more than a 100% surge. After mark-to-market treatment this becomes a significant asset on a per share basis relative to our peers, with amongst the lowest G&A costs per Bitcoin mined and less than 110 million shares outstanding."\nHalving Preparation:\nAydin Kilic, President and CEO, emphasized the Company\'s technological stability: "We recently achieved our interim target of 5.0 EH/s in April. With the arrival of the remaining Bitmain S21 Antminers in May and June, we expect to reach 5.5 EH/s and achieve a global average fleet efficiency of 25 joules per terahash. Based on current difficulty, this will bring our Bitcoin breakeven price point after the recent April 19thBitcoin halving and operating costs to approximately $45,000."\nAbout HIVE Digital Technologies Ltd.\nHIVE Digital Technologies Ltd. went public **Last 60 Days of Bitcoin's Closing Prices:** [68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-05-08 **Financial & Commodity Data:** - Gold Closing Price: $2313.60 - Crude Oil Closing Price: $78.99 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,229,002,710,000 - Hash Rate: 556219753.1939834 - Transaction Count: 450856.0 - Unique Addresses: 514675.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.64 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: It's a sign of how fast crypto moves that Ethereum's landmarkDencun upgradelast week is already fading from the headlines. Eyes are now turning to Bitcoin's next quadrennial halving. There's also plenty of gawking at the meme coin frenzy on Solana. (Who doesn't likesloths?) In this week's issue of The Protocol: • Exclusive interview with Solana co-founder Anatoly Yakovenko (on this week'sThe Protocol podcast) regarding what he thinks of meme coin traders, and why he welcomes the latest episode of congestion as a network stress test. • Craig Wright, Polygon, Starbucks, GCR, Dogwifhat, Peter Schiff,Ether.Fi. • Top picks from this week'sProtocol Villagecolumn: Mysten Labs, Sui, Starknet, OP Labs, Stellar, Conio. • More than $60M of blockchain project fundraisings. • Dencun postscript: Which Ethereum layer-2 network is seeing the cheapest fees? This article is featured in the latest issue ofThe Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time.Sign up hereto get it in your inbox every Wednesday. Also please check out our weeklyThe Protocolpodcast. HALVE TIME:The expected date of the next Bitcoin halving keeps creeping forward – thanks to miners upgrading tofaster, more powerful machinesand powering up older models, incentivized by this year's BTC price runup to a new all-time high around $74,000. The halving's ETA is now somewhere around mid-April, a couple weeks earlier than was expected a few months ago. Asimilar thing happened four years ago, when prices were also surging, essentially causing the blockchain to speed up. What's different this time around – and perhapsdifferent from pretty much every prior halvingin the network's 15-year history – is how many projects are now targeting the event for hype-inducing launches and other frenzy-inciting pursuits. Chief among those is the planned launch of Runes, the fungible-token protocol being developed byCasey Rodarmor, whose launch of the Ordinals protocol last year, with its NFT-like inscriptions, caused a sensation on Bitcoin, driving up transactional activity along with fees and congestion. There could also be a scramble to mine block No. 840,000, where the halving is supposed to automatically occur. In the past, mining the all-important halving block brought little more than bragging rights and the chance to embed a message into the blockchain, for posterity. (In 2020, winner F2Pool wrote something about theU.S. Federal Reserve's Covid-related money-printing.) But now, with the introduction of the Ordinals protocol, it's possible to actually trade specific serial numbers to the tiniest increments of Bitcoin, known as satoshis or "sats." And there's a premium for the especially precious "rare sats" corresponding with milestones like the halving. Already, asreported by CoinDesk's Daniel Kuhn, people are predicting that block 840,000 could be "the most valuable block to be mined to date." There's also the risk that the competition could get so intense that things go horribly awry, resulting in a nasty "reorg." Pretty crypto, right? ALSO: Decentralized exchange Aevo'sfounder acknowledged that a recent spike in daily trading volume to over $4.5 billion was partly caused by some users "pumping volumes to $1 billion+ to get more out of our airdrop," adding that it's "not happening anymore." Polygon Labspaid $4 million to Starbucksin 2022 as part of the latte chain's soon-to-be-sunsetted NFT-based loyalty program, Odyssey, people familiar with the matter told CoinDesk's Danny Nelson. GCR,the crypto trader whobecame known in 2022for coordinating successful bets against token prices that later collapsed, reportedlypaid $4 million worth of ether (ETH)for the original image that inspired Solana's runaway hit meme coin dogwifhat (WIF). (Dogwifhat) Ethereumdevelopers areposting the entire script of the Bee Movie, an animated comedy by comedian Jerry Seinfeld about a bee who sues humans, on the second-largest blockchain – in an apparent demonstration of how cheap fees have becomefollowing the network's landmark Dencun upgradelast week. Computer scientistCraig Wright, who has long claimed he is the inventor of Bitcoin, is not in fact Satoshi Nakamoto, anddidn't author Bitcoin whitepaper, a U.K. judge ruled in the closely-watched Crypto Open Patent Alliance (COPA) trial. The evidence presented during the month-long trial was "overwhelming," the judge said. Gold bugPeter Schiffsaid hewishes he'd bought bitcoin in 2010. Poll showsformer U.S. President Donald Trumpis thefavored candidate for the 2024 electionamong crypto-owning voters. Top picks of the past week fromour Protocol Villagecolumn, highlighting key blockchain tech upgrades and news. 1. Mysten Labs, the company behind the Sui blockchain, claimed a "landmark achievement in scaling blockchain capacity" known as "linear scaling," according to the team: "During testing and development in a Sui blockchain environment, Pilotfish, a prototype Sui extension, increased throughput by 8x when backed by 8 machines, successfully illustrating the possibility of linear scaling. The latency per transaction decreased as more machines were added, proving the viability of linear horizontal scaling for low latency blockchain transactions for the first time ever on any blockchain." 2. The developers behindStarknet, the Ethereumlayer-2 networkwhose$2.3 billion STRK token airdroplast month captivated crypto markets, plan to add a design feature known as "parallelization" – one of the factors that reportedly makes rival blockchainSolanapopular as a venue for fast, cheap transactions. The feature will go live as part of an upgrade set for the second quarter, allowing Starknet to "process a greater number of transactions simultaneously, resulting in improved throughput and faster L2 finality," according to a press release distributed by a representative of the developer StarkWare. It is part of the2024 road mapreleased Wednesday. 3. OP Labs, the main development firm behind the Optimism blockchain, planned Tuesday tobegin testing fault proofs on Ethereum's Sepolia test network. The new deployment comes a few months after Optimism launched an initial version of fault proofs on Goerli, another Ethereum test network,in October. Karl Floersch, co-founder of Optimism and CEO of OP Labs, told CoinDesk he expects the proofs to reach Ethereum's main network later this year, with the Sepolia deployment bringing the team closer than ever to this goal. 4. The Stellar Development Foundation, the nonprofit supporting development and growth of the Stellar network, announced that the phased rollout ofSoroban, Stellar’s smart contracts platform, is now complete, enabling anyone to build, deploy and interact with Stellar-based dApps, according to the team. CoinDesk 20 asset: XLM 5. Conio, a financial technology company partly owned by Poste Italiane and Banca Generali, announced the acquisition of a new patent in the U.S.,No. 11,915,314, showcasing a cutting-edge multi-signature model for the creation, custody, recovery and management of a digital asset. According to the team: "The solution, designed to be blockchain agnostic compared to the blockchain used and therefore adaptable to different digital assets, involves the generation of three private keys, only two of which are needed to authorize transactions, thus enabling the recovery of the digital asset if one of the three private keys is unavailable." Schematic from Conio's new patent for a "Method and apparatus for a blockchain-agnostic safe multi-signature digital-asset management." (Conio/U.S. Patent Office) See the entire Protocol Village list from this past week here. The Solana blockchain is in the midst of what some might call a renaissance, itsSOLtoken rebounding almost entirely from all-time-lows in 2020. But recently, it's the source of activity on the chain that might give some analysts pause: Meme coins built around images of dogs and sloths, general ridiculousness and even the very concept of memes themselves. The chain, which aims to offer cheaper and quicker transactions than rival networks like Ethereum, has become the go-to platform for meme coins like dogwifhat (WIF), bonk (BONK), and book of meme (BOME) – tokens whose value lies principally (and unabashedly) in their ability to generate internet buzz. A new arrival is SLERF, asloth-themed token. Hordes of "degens" – the accepted jargon for crypto traders who are, well, really into it – have flocked to Solana, chasing the trend. Mature observers might call it a display of some of the crypto industry's worst excesses, morphing the Solana ecosystem into a carnival of scams, schemesand screw-ups. "To me, it's just a bizarre thing, I think, of people being terminally online and kind of having nothing better to do," Solana co-founder Anatoly Yakovenko told CoinDesk this week in an interview for The Protocol podcast. The meme coin boom has triggered a flurry of activity for the wider Solana ecosystem, with decentralized exchanges on the network surpassing those on Ethereum in terms of overall transaction volume this week. But users are beginning to notice a problem: Many transactions on Solana are failing to go through – highlighting the consequence of meme coin-induced volatility and congestion. The meme craze has ultimately been a mixed bag for Solana, leading to an influx in usage and liquidity, but dredging up problems with its architecture that have left a sour taste in the mouths of some traders. Click here for the full interview by Sam Kessler Fundraisings • Polyhedra Network,the Web 3 infrastructure provider behind the zero-knowledge protocol zkBridge, has closed a$20 million fundraising roundvaluing the company at $1 billion, the firm said in a press release Thursday. The Singapore-based company said the round was led by Polychain Capital, along with participation from Animoca Brands, Emirates Consortium, Mapleblock Capital, Hashkey Capital, UoB Ventures, Symbolic Capital, Longhash Ventures, MH Ventu... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88, 66940.80
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:** ['• Crypto trading firm Wintermute will provide liquidity for the Hong Kong-listed spot bitcoin and ether ETFs, the company announced.\n• The London-based company said it wants to play a bigger part in the Asian market, hence the partnership.\nLooking to strengthen its market share in the Asia region, Wintermute will be a liquidity provider to the recently launched Hong Kong-listed spot bitcoin and ether exchange-traded funds, the company announced Wednesday.\nThe London-based firm is partnering with OSL Digital Securities and HashKey HK Exchange, both of which are sub-custodians of virtual asset trading platforms facilitating the operation of the ETFs, according to the statement.\n“Crypto ETFs provide a means for investors at all levels to enter into the world of digital assets through a regulated and government-endorsed investment vehicle," said Wintermute CEO Evgeny Gaevoy. "[They] play a key role in bringing the next wave of investors into the crypto space, both institutional and retail … Increasing access to digital assets will play a critical function in further accelerating growth, and Wintermute is excited to play a key role in that process.”\nThe market maker will help both OSL and HashKey with the buying, selling and delivery of the underlying assets of the ETFs, in this case bitcoin {{BTC}} and ether {{ETH}}, to allow for a seamless creation and redemption process.\nThe partnership is part of a broader expansion to the Asian market, the company said. “Hong Kong has established itself as a leading advocate for crypto in the APAC region, and we are hopeful that other countries will follow their lead in the near future,” Gaevoy said.\nThe three Hong Kong-listed bitcoin ETFs, whichwent live on April 29, have so far seen aslow startcompared to their counterparts in the U.S. As of the close on Monday they had accumulated just shy of 4,400 bitcoins or roughly $276 million in assets under management.', '• Crypto trading firm Wintermute will provide liquidity for the Hong Kong-listed spot bitcoin and ether ETFs, the company announced.\n• The London-based company said it wants to play a bigger part in the Asian market, hence the partnership.\nLooking to strengthen its market share in the Asia region, Wintermute will be a liquidity provider to the recently launched Hong Kong-listed spot bitcoin and ether exchange-traded funds, the company announced Wednesday.\nThe London-based firm is partnering with OSL Digital Securities and HashKey HK Exchange, both of which are sub-custodians of virtual asset trading platforms facilitating the operation of the ETFs, according to the statement.\n“Crypto ETFs provide a means for investors at all levels to enter into the world of digital assets through a regulated and government-endorsed investment vehicle," said Wintermute CEO Evgeny Gaevoy. "[They] play a key role in bringing the next wave of investors into the crypto space, both institutional and retail … Increasing access to digital assets will play a critical function in further accelerating growth, and Wintermute is excited to play a key role in that process.”\nThe market maker will help both OSL and HashKey with the buying, selling and delivery of the underlying assets of the ETFs, in this case bitcoin {{BTC}} and ether {{ETH}}, to allow for a seamless creation and redemption process.\nThe partnership is part of a broader expansion to the Asian market, the company said. “Hong Kong has established itself as a leading advocate for crypto in the APAC region, and we are hopeful that other countries will follow their lead in the near future,” Gaevoy said.\nThe three Hong Kong-listed bitcoin ETFs, whichwent live on April 29, have so far seen aslow startcompared to their counterparts in the U.S. As of the close on Monday they had accumulated just shy of 4,400 bitcoins or roughly $276 million in assets under management.', "• The recent equity rebound stalled as investor rate cut bets were made uncertain by Fed commentary.\n• Fed President Neel Kashkari said rates might not be restrictive enough to clamp down on inflation.\n• Earnings continued to roll in, with Disney and Palantir dropping sharply following first-quarter reports.\nUS stocks were mostly higher Tuesday, with the S&P 500 and Dow Jones Industrial Average continuing to pull slightly higher.\nThe Dow hit its fourth straight day of gains, adding to a rebound that started last week. The rally was slowed during Tuesday's session as doubt about rate cuts crept back up following comments from Minneapolis Federal Reserve President Neel Kashkari, who noted that interest rates may not yet berestrictive enough to clamp down on inflation.\nHis remarks followed similar hawkishness from Fed President Tom Barkin on Monday, who indicated that the economy will need to slow down more before policy can pivot.\nStill, futures markets see two 25-basis point interest cuts this year, better than what was expected in April.\nInvestors will tune in to further commentary this week as Fed Governor Lisa Cook and Chicago President Austan Goolsbee are lined up to speak on Wednesday and Friday.\nMeanwhile, earnings data continues to flow in and has helped keep indices afloat. However, weak reports sent shares inDisneyandPalantirplunging 10% and 15% on Tuesday.\nHere's where US indexes stood at the 4:00 p.m. closing bell on Tuesday:\n• S&P 500: 5,187.70, up 0.13%\n• Dow Jones Industrial Average: 38,884.26, up 0.08% (+31.99 points)\n• Nasdaq composite: 16,332.56, down 0.1%\nHere's what else happened today:\n• Nvidia still has 22% upsideand its valuation is still cheap, Goldman Sachs says.\n• Inflation will rocket if the US doesn't focus onbuilding domestic industries, investment manager Richard Bernstein warns.\n• A 'proper' downturnwill hit in late 2024, spurring a steep Fed pivot, Manulife's chief economist says.\n• The US is unlikely to achieve asoft landing as low-income consumers cut back on spending, Citi CEO Jane Fraser says.\n• Billionaire investor cut back his Nvidia holdings asAI investing has become 'overhyped' for now.\n• A super-rare Magic: The Gathering cardjust sold for a record $3 billion.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil increased 0.6% to $78.52 a barrel.Brent crude, the international benchmark, inched up 0.1% to $83.22 a barrel.\n• Goldslipped by 0.31% to $2,313.23 per ounce.\n• The 10-year Treasury yield slid two basis points to 4.465%.\n• Bitcoinwas essentially flat at $63,142.\nRead the original article onBusiness Insider", 'This news release constitutes a "designated news release" for the purposes of the Company\'s amended and restated prospectus supplement dated August 17, 2023, to its short form base shelf prospectus dated May 1, 2023.\nVancouver, British Columbia--(Newsfile Corp. - May 8, 2024) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE") a pioneer in green energy-powered blockchain infrastructure, proudly announces its unaudited production figures for April 2024. In April the Company mined 212 Bitcoin, increasing its Bitcoin holdings by 4%, now totalling 2,377 Bitcoin on the balance sheet. HIVE maintained an average Bitcoin mining capacity of over 4.9 Exahash ("EH/s") in April 2024 (all amounts in US dollars, unless otherwise indicated).\nApril 2024 Highlights:\n• Production:Mined 212 Bitcoin in April 2024.\n• Mining Capacity Increase:Ended April with a 5.0 EH/s ASIC mining capacity, a notable 6% increase in month-end hashrate.\n• HODL Position:Increased to 2,377 BTC, a 4% increase from the prior month.\n• Mining Efficiency:Achieved an average of 43.6 Bitcoin per Exahash, with a consistent average hashrate of 4.9 EH/s, and an 8% increase in monthly average hashrate.\n• Daily Production:Averaged a production of 7.1 BTC per day, showcasing operational efficiency and robust mining capabilities.\nStrategic HODL Increase:\nAs of May 6, 2024, HIVE\'s HODL position grew to 2,400 BTC, up from 2,377 BTC at the end of April 2024.\nThis growth aligns with the Company\'s strategy to anticipate increased demand for BTC, particularly after the launch and approval of spot Bitcoin ETFs. HIVE continues to focus on maximizing cash flow return on invested capital (CFROIC) per share while being mindful of shareholder dilution. Like the last Bitcoin halving four years ago, we remain optimistic about generating operating income and continue upgrading our suite of ASIC chips for more energy-efficient Bitcoin mining. We are also excited about the progress in our high-performance computing (HPC) strategy, repurposing our suite of Nvidia chips to meet the global demand for AI data services. This growth remains on track as anticipated and, most importantly, is generating expanding positive operating income.\nExecutive Insights:\nFrank Holmes, Executive Chairman, commented on the Company\'s strategic vision: "Our HODL position is healthy, especially on a per-share basis compared to our peers. We ended the month with approximately $150 million in Bitcoin, which is approximately $100 million more than last year when Bitcoin was $29,290 at April 30, 2023 and $63,839 this year at April 30, 2024 which is more than a 100% surge. After mark-to-market treatment this becomes a significant asset on a per share basis relative to our peers, with amongst the lowest G&A costs per Bitcoin mined and less than 110 million shares outstanding."\nHalving Preparation:\nAydin Kilic, President and CEO, emphasized the Company\'s technological stability: "We recently achieved our interim target of 5.0 EH/s in April. With the arrival of the remaining Bitmain S21 Antminers in May and June, we expect to reach 5.5 EH/s and achieve a global average fleet efficiency of 25 joules per terahash. Based on current difficulty, this will bring our Bitcoin breakeven price point after the recent April 19thBitcoin halving and operating costs to approximately $45,000."\nAbout HIVE Digital Technologies Ltd.\nHIVE Digital Technologies Ltd. went public **Last 60 Days of Bitcoin's Closing Prices:** [68498.88, 69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-05-08 **Financial & Commodity Data:** - Gold Closing Price: $2313.60 - Crude Oil Closing Price: $78.99 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,229,002,710,000 - Hash Rate: 556219753.1939834 - Transaction Count: 450856.0 - Unique Addresses: 514675.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.64 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: It's a sign of how fast crypto moves that Ethereum's landmarkDencun upgradelast week is already fading from the headlines. Eyes are now turning to Bitcoin's next quadrennial halving. There's also plenty of gawking at the meme coin frenzy on Solana. (Who doesn't likesloths?) In this week's issue of The Protocol: • Exclusive interview with Solana co-founder Anatoly Yakovenko (on this week'sThe Protocol podcast) regarding what he thinks of meme coin traders, and why he welcomes the latest episode of congestion as a network stress test. • Craig Wright, Polygon, Starbucks, GCR, Dogwifhat, Peter Schiff,Ether.Fi. • Top picks from this week'sProtocol Villagecolumn: Mysten Labs, Sui, Starknet, OP Labs, Stellar, Conio. • More than $60M of blockchain project fundraisings. • Dencun postscript: Which Ethereum layer-2 network is seeing the cheapest fees? This article is featured in the latest issue ofThe Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time.Sign up hereto get it in your inbox every Wednesday. Also please check out our weeklyThe Protocolpodcast. HALVE TIME:The expected date of the next Bitcoin halving keeps creeping forward – thanks to miners upgrading tofaster, more powerful machinesand powering up older models, incentivized by this year's BTC price runup to a new all-time high around $74,000. The halving's ETA is now somewhere around mid-April, a couple weeks earlier than was expected a few months ago. Asimilar thing happened four years ago, when prices were also surging, essentially causing the blockchain to speed up. What's different this time around – and perhapsdifferent from pretty much every prior halvingin the network's 15-year history – is how many projects are now targeting the event for hype-inducing launches and other frenzy-inciting pursuits. Chief among those is the planned launch of Runes, the fungible-token protocol being developed byCasey Rodarmor, whose launch of the Ordinals protocol last year, with its NFT-like inscriptions, caused a sensation on Bitcoin, driving up transactional activity along with fees and congestion. There could also be a scramble to mine block No. 840,000, where the halving is supposed to automatically occur. In the past, mining the all-important halving block brought little more than bragging rights and the chance to embed a message into the blockchain, for posterity. (In 2020, winner F2Pool wrote something about theU.S. Federal Reserve's Covid-related money-printing.) But now, with the introduction of the Ordinals protocol, it's possible to actually trade specific serial numbers to the tiniest increments of Bitcoin, known as satoshis or "sats." And there's a premium for the especially precious "rare sats" corresponding with milestones like the halving. Already, asreported by CoinDesk's Daniel Kuhn, people are predicting that block 840,000 could be "the most valuable block to be mined to date." There's also the risk that the competition could get so intense that things go horribly awry, resulting in a nasty "reorg." Pretty crypto, right? ALSO: Decentralized exchange Aevo'sfounder acknowledged that a recent spike in daily trading volume to over $4.5 billion was partly caused by some users "pumping volumes to $1 billion+ to get more out of our airdrop," adding that it's "not happening anymore." Polygon Labspaid $4 million to Starbucksin 2022 as part of the latte chain's soon-to-be-sunsetted NFT-based loyalty program, Odyssey, people familiar with the matter told CoinDesk's Danny Nelson. GCR,the crypto trader whobecame known in 2022for coordinating successful bets against token prices that later collapsed, reportedlypaid $4 million worth of ether (ETH)for the original image that inspired Solana's runaway hit meme coin dogwifhat (WIF). (Dogwifhat) Ethereumdevelopers areposting the entire script of the Bee Movie, an animated comedy by comedian Jerry Seinfeld about a bee who sues humans, on the second-largest blockchain – in an apparent demonstration of how cheap fees have becomefollowing the network's landmark Dencun upgradelast week. Computer scientistCraig Wright, who has long claimed he is the inventor of Bitcoin, is not in fact Satoshi Nakamoto, anddidn't author Bitcoin whitepaper, a U.K. judge ruled in the closely-watched Crypto Open Patent Alliance (COPA) trial. The evidence presented during the month-long trial was "overwhelming," the judge said. Gold bugPeter Schiffsaid hewishes he'd bought bitcoin in 2010. Poll showsformer U.S. President Donald Trumpis thefavored candidate for the 2024 electionamong crypto-owning voters. Top picks of the past week fromour Protocol Villagecolumn, highlighting key blockchain tech upgrades and news. 1. Mysten Labs, the company behind the Sui blockchain, claimed a "landmark achievement in scaling blockchain capacity" known as "linear scaling," according to the team: "During testing and development in a Sui blockchain environment, Pilotfish, a prototype Sui extension, increased throughput by 8x when backed by 8 machines, successfully illustrating the possibility of linear scaling. The latency per transaction decreased as more machines were added, proving the viability of linear horizontal scaling for low latency blockchain transactions for the first time ever on any blockchain." 2. The developers behindStarknet, the Ethereumlayer-2 networkwhose$2.3 billion STRK token airdroplast month captivated crypto markets, plan to add a design feature known as "parallelization" – one of the factors that reportedly makes rival blockchainSolanapopular as a venue for fast, cheap transactions. The feature will go live as part of an upgrade set for the second quarter, allowing Starknet to "process a greater number of transactions simultaneously, resulting in improved throughput and faster L2 finality," according to a press release distributed by a representative of the developer StarkWare. It is part of the2024 road mapreleased Wednesday. 3. OP Labs, the main development firm behind the Optimism blockchain, planned Tuesday tobegin testing fault proofs on Ethereum's Sepolia test network. The new deployment comes a few months after Optimism launched an initial version of fault proofs on Goerli, another Ethereum test network,in October. Karl Floersch, co-founder of Optimism and CEO of OP Labs, told CoinDesk he expects the proofs to reach Ethereum's main network later this year, with the Sepolia deployment bringing the team closer than ever to this goal. 4. The Stellar Development Foundation, the nonprofit supporting development and growth of the Stellar network, announced that the phased rollout ofSoroban, Stellar’s smart contracts platform, is now complete, enabling anyone to build, deploy and interact with Stellar-based dApps, according to the team. CoinDesk 20 asset: XLM 5. Conio, a financial technology company partly owned by Poste Italiane and Banca Generali, announced the acquisition of a new patent in the U.S.,No. 11,915,314, showcasing a cutting-edge multi-signature model for the creation, custody, recovery and management of a digital asset. According to the team: "The solution, designed to be blockchain agnostic compared to the blockchain used and therefore adaptable to different digital assets, involves the generation of three private keys, only two of which are needed to authorize transactions, thus enabling the recovery of the digital asset if one of the three private keys is unavailable." Schematic from Conio's new patent for a "Method and apparatus for a blockchain-agnostic safe multi-signature digital-asset management." (Conio/U.S. Patent Office) See the entire Protocol Village list from this past week here. The Solana blockchain is in the midst of what some might call a renaissance, itsSOLtoken rebounding almost entirely from all-time-lows in 2020. But recently, it's the source of activity on the chain that might give some analysts pause: Meme coins built around images of dogs and sloths, general ridiculousness and even the very concept of memes themselves. The chain, which aims to offer cheaper and quicker transactions than rival networks like Ethereum, has become the go-to platform for meme coins like dogwifhat (WIF), bonk (BONK), and book of meme (BOME) – tokens whose value lies principally (and unabashedly) in their ability to generate internet buzz. A new arrival is SLERF, asloth-themed token. Hordes of "degens" – the accepted jargon for crypto traders who are, well, really into it – have flocked to Solana, chasing the trend. Mature observers might call it a display of some of the crypto industry's worst excesses, morphing the Solana ecosystem into a carnival of scams, schemesand screw-ups. "To me, it's just a bizarre thing, I think, of people being terminally online and kind of having nothing better to do," Solana co-founder Anatoly Yakovenko told CoinDesk this week in an interview for The Protocol podcast. The meme coin boom has triggered a flurry of activity for the wider Solana ecosystem, with decentralized exchanges on the network surpassing those on Ethereum in terms of overall transaction volume this week. But users are beginning to notice a problem: Many transactions on Solana are failing to go through – highlighting the consequence of meme coin-induced volatility and congestion. The meme craze has ultimately been a mixed bag for Solana, leading to an influx in usage and liquidity, but dredging up problems with its architecture that have left a sour taste in the mouths of some traders. Click here for the full interview by Sam Kessler Fundraisings • Polyhedra Network,the Web 3 infrastructure provider behind the zero-knowledge protocol zkBridge, has closed a$20 million fundraising roundvaluing the company at $1 billion, the firm said in a press release Thursday. The Singapore-based company said the round was led by Polychain Capital, along with participation from Animoca Brands, Emirates Consortium, Mapleblock Capital, Hashkey Capital, UoB Ventures, Symbolic Capital, Longhash Ventures, MH Ventu... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88, 66940.80 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["OMAHA, Neb., May 08, 2024 (GLOBE NEWSWIRE) --Exodus Movement, Inc.(OTCQX: EXOD) (the “Company” or “Exodus”) today announced that it was informed by the NYSE American that the exchange has delayed the Company’s listing until the Staff of the Securities and Exchange Commission completes its review of Exodus’ registration statement, which went effective on April 28, 2024. The NYSE American previously informed Exodus that its shares of Class A common stock, par value $0.000001 (the “Common Stock”), had been approved for listing with trading expected to commence on May 9, 2024.\nThe Company may reconsider listing on a national securities exchange at a future date once the SEC Staff has completed its review of the registration statement. Until such time, the Company’s Common Stock will continue to trade on OTC Markets’ OTCQX exchange under the symbol “EXOD.” Current stockholders of the Company do not need to take any action.\nCEO JP Richardson shared “While we are surprised and confused by this last-minute decision, we remain hopeful that the SEC will follow through on its commitment to treat us as the law intends. Exodus has been fully transparent and responsive throughout this process and we expect a swift resolution in this matter. In the meantime, we will continue to provide the best possible service and value for our customers and shareholders.”\nContact\nExodus Investor [email protected]\nAbout ExodusExodus is on a mission to help the world exit the traditional finance system. Founded in 2015, Exodus is a multi-asset software wallet that keeps design a priority to make cryptocurrency and digital assets easy for everyone. Available for desktop, mobile and browser, Exodus allows users to secure, manage and exchange cryptocurrencies like Bitcoin, Ethereum, and more across an industry-leading 10,000+ asset pairs from a beautiful, easy-to-use wallet. The self-custodial functionality is encrypted locally on users' own devices, ensuring privacy, security and complete control over their wealth. For more info visit exodus.com.\nDisclosure InformationExodus uses the following as means of disclosing material nonpublic information and for complying with disclosure obligations under Regulation FD: websites exodus.com/investors and exodus.com/blog; press releases; public videos, calls and webcasts; and social media: Twitter (@exodus_io and JP Richardson's feed @jprichardson), Facebook, LinkedIn, and YouTube.\nForward-Looking StatementsThis press release contains forward-looking statements that are based on our beliefs and assumptions and on information currently available to us as of the date hereof. In some cases, you can identify forward-looking statements by the following words: “will,” “expect,” “would,” “intend,” “believe,” or other comparable terminology. Forward-looking statements in this document include, but are not limited to, quotations from management regarding confidence in our products, services, business trajectory and plans, and certain business metrics. These statements involve risks, uncertainties, assumptions and other factors that are difficult to predict and may cause actual results or performance to be materially and adversely different. These forward-looking statements speak only as of the date hereof. We disclaim any obligation to update these forward-looking statements.", 'A research note released by Standard Chartered suggests that if Donald Trump secures a second term as the President of the United States in November, it could have a positive impact onBitcoin (BTC). According to Geoffrey Kendrick, a digital assets researcher at Standard Chartered, a Trump administration would likely be less stringent towards Bitcoin compared to a potential Biden administration.\nWhile officials in the Biden administration have taken a relatively tough stance on digital assets, Trump expressed a different view in a March interview, stating that if re-elected, he would not crack down on Bitcoin or other cryptocurrencies. The report also suggests that import tariffs under a Trump presidency could lead to several large reserve managers buying Bitcoin in 2025.\nKendrick further notes that if Trump were to win, foreign government buyers of U.S. treasuries might opt to shift their investments to alternative financial assets like Bitcoin as a precautionary measure. This potential shift in demand could drive up the price of the cryptocurrency.\nTrump\'s previous stance on cryptocurrency was more critical, but he seems to have softened his position. During a town hall event in South Carolina earlier this year, he acknowledged the growing acceptance of Bitcoin, stating that "many people are embracing" it and that he can "live with it one way or the other." However, he still referred to cryptocurrencies as "crazy new currencies."', 'A research note released by Standard Chartered suggests that if Donald Trump secures a second term as the President of the United States in November, it could have a positive impact onBitcoin (BTC). According to Geoffrey Kendrick, a digital assets researcher at Standard Chartered, a Trump administration would likely be less stringent towards Bitcoin compared to a potential Biden administration.\nWhile officials in the Biden administration have taken a relatively tough stance on digital assets, Trump expressed a different view in a March interview, stating that if re-elected, he would not crack down on Bitcoin or other cryptocurrencies. The report also suggests that import tariffs under a Trump presidency could lead to several large reserve managers buying Bitcoin in 2025.\nKendrick further notes that if Trump were to win, foreign government buyers of U.S. treasuries might opt to shift their investments to alternative financial assets like Bitcoin as a precautionary measure. This potential shift in demand could drive up the price of the cryptocurrency.\nTrump\'s previous stance on cryptocurrency was more critical, but he seems to have softened his position. During a town hall event in South Carolina earlier this year, he acknowledged the growing acceptance of Bitcoin, stating that "many people are embracing" it and that he can "live with it one way or the other." However, he still referred to cryptocurrencies as "crazy new currencies."', 'The price ofEthereum (ETH)has been hovering near a crucial support level at $3,010, experiencing a 2.57% drop over the past 24 hours, according to CoinMarketCap data. During this time, traders have shown a growing belief that the price will continue to decline, as they have accumulated significant short positions.\nThis development comes after Grayscale Investments decided to withdraw its application for an Ethereum futures exchange-traded fund (ETF) on May 7, just ahead of the scheduled decision by the United States Securities and Exchange Commission (SEC). The fate of spot Ether ETF applications, also set to be determined in May, has further fueled speculation regarding the classification of Ether as a security.\nLiquidation data indicates that if the price of Ether rises by 3%, approximately $345 million worth of short positions could be liquidated. In contrast, a 3% drop to $2,920 would only result in the liquidation of about $237 million in long positions.\nAnalysts and the crypto community have grown increasingly skeptical about the approval of a spot Ether ETF by the SEC. However, concerns about Ethereum extend beyond ETF approvals. The low usage of Ethereum has resulted in the challenge of its burn mechanism keeping up with issuance to validators. Furthermore, Ethereum has underperformed in comparison to Bitcoin, attributing it to a lag in speculative interest from short-term holders (STH).', 'CryptoPunks dominated the market with a daily sales volume for the second consecutive day on Wednesday.\nThe Ethereum-based non-fungible token (NFT) collection recorded over US$1.25 million in daily sales with eight total transactions attributed to seven unique buyers and sellers each.\nCryptoPunks led the market despite a 25% sales drop from the day prior. Its US$1.7 million daily sales volume also led the market on Tuesday, according to CryptoSlam data.\nCryptoPunks’ two-day dominance was not able to keep Ethereum, its host chain, at the top of the blockchain rankings for NFT sales. Bitcoin collections collectively achieved US$6.68 million in sales on Wednesday, edging out Ethereum’s US$6.04 million.\nThe second-highest performing collection of the day was DMarket, with a daily sales volume of US$725,058, involving a staggering 4,147 unique buyers and 3,569 sellers across 31,734 transactions.\nDMarket is a NFT collection that represents in-game items for the Mythos chain.\nNodeMonkes on Bitcoin claimed the third spot with a daily sales volume of US$717,301.84, engaging 37 unique buyers and 35 sellers in 38 transactions. This is a slight decrease from the US$750,024.31 generated the day before. The collection’s all-time sales now stand at US$214.35 million, reflecting a strong market position.\nNodeMonkes is the all-time leading collection on the Bitcoin network, with US$214.5 million in sales. It is now about US$1 million away from overtaking CyberKongz, an Ethereum-based collection that currently holds the 26th spot on the all-time sales chart.\nOther notable collections that made Wednesday’s top 10 sales list include the $PMPS BRC-20 NFTs, which saw a daily sales volume of US$634,465, and Mad Lads, which generated US$518,697 in sales.\nBoth collections experienced fluctuations in their daily performance, with $PMPS BRC-20 NFTs witnessing an increase in transactions from the previous day, while Mad Lads saw a decrease in sales from US$800,760.\nSolana Monkey Business, Bored Ape Yacht Club, Mutant Ape Yacht Club, DogeZuki Collection, and Guild of Guardians Avatars also featured in the day’s top-performing NFT collections', '• Cumulative monthly spot and derivatives trading volume tanked by 43.8%, CCData said.\n• Binance’s spot market volume registere **Last 60 Days of Bitcoin's Closing Prices:** [69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-05-09 **Financial & Commodity Data:** - Gold Closing Price: $2332.10 - Crude Oil Closing Price: $79.26 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,208,266,981,875 - Hash Rate: 613867438.0566123 - Transaction Count: 517193.0 - Unique Addresses: 513026.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.55 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Cryptocurrencies surged over the past decade, with the prices ofBitcoinandEthereum, the two most successful digital currencies, soaring 25,000% and 116,000%, respectively. However, investors cooled on crypto in recent years, discouraged by its tendency to rise or fall in the blink of an eye. The biggest advantage of cryptocurrency is its decentralized nature, making it far easier to exchange and trade between countries than traditional currencies. However, this is also why it has become one of the most volatile investments. With no governing authority, it can be challenging to pinpoint the reason for price fluctuation, making it too akin to gambling. So, despite their meteoric rises, Bitcoin and Ethereum haven't moved much since 2021, with Bitcoin up 7% and Ethereum actually down 25%. As a result, it might be a good idea to seek more reliable investments, such as tech stocks. Wall Street has a long history of rewarding innovative companies with significant and consistent gains over the long term. With high-growth industries like artificial intelligence (AI) and cloud computing on the rise, now could be an ideal time to invest in tech. These three tech stocks look like they have more potential than any cryptocurrency. Chip stocks likeAdvanced Micro Devices(NASDAQ: AMD)took center stage over the last year as increased interest in AI led to aspike in demand for graphics processing units (GPUs). In fact, data from Grand View Research projects the AI market to expand at a compound annual growth rate of 37% until at least 2030, which would see it hit nearly $2 trillion. Meanwhile, AMD restructured its business to prioritize GPU production. Last December, the company unveiled its MI300X AI GPU. This new chip is designed to compete directly with market leaderNvidia's offerings and has already caught the attention of some of tech's most prominent players, signing onMicrosoftandMeta Platformsas clients. Additionally, AMD wants to lead its own space within AI by expanding into AI-powered PCs. According to research firm IDC, PC shipments are projected to see a major boost this year, with AI integration serving as a key catalyst.And a Canalys report predicts that 60% of all PCs shipped in 2027 will be AI-enabled. AMD has massive potential in the coming years; earnings per share (EPS) estimates support this. AMD's earnings could hit just above $7 per share over the next two fiscal years. Multiplying this figure by the company'sforward price-to-earnings ratio (P/E)of 48 yields a stock price of $336. If projections are correct, AMD's stock price could nearly double by fiscal 2026, rising 96%. And with that, AMD has significantly more potential than the crypto market. Like AMD,Intel(NASDAQ: INTC)made significant changes to its business model over the last year. The company hit more than a few roadblocks in recent years. Its stock is down about 43% over the past three years after seeing decreased market share in central processing units (CPUs) and ending a more than decade-long partnership withApple. However, the fall from grace has seemingly lit a fire under Intel again, and it has been making moves to come back strong in the coming years.Last June, Intel announced a "fundamental shift" to its business, adopting an internal foundry model that it believes will help it save $10 billion by 2025. Moreover, Intel is moving into AI. In December 2023, the company debuted a range of AI chips, including Gaudi3, a GPU designed to challenge similar offerings from Nvidia. Intel also showed off new Core Ultra processors and Xeon server chips, which include neural processing units for running AI programs more efficiently. Intel's earnings could reach nearly $3 per share over the next two fiscal years. When multiplying that figure by the company's forward P/E of 28, you get a stock price of $85. Looking at its current position, these projections could see Intel's stock soar 118% by fiscal 2026. As a result, Intel is a screaming buy right now and one with more potential than any cryptocurrency. Amazon's(NASDAQ: AMZN)business exploded over the last decade as it has become a leader in e-commerce and the cloud market, with its annual revenue and operating income up 546% and 20,000%, respectively, since 2014. The tech giant has become a household name worldwide and will likely continue to flourish over the long term. Additionally, as the operator of the world's biggest cloud service, Amazon Web Services (AWS), the company has the potential to leverage its massive cloud data centers and steer the generative AI market. In 2023, AWS responded to increased demand for AI services by introducing a variety of new tools, which could lead to a considerable boost to earnings in the coming years. Amazon's earnings are expected to reach nearly $7 per share over the next two fiscal years. When you multiply that figure by the retail giant's forward P/E of 44, you get a stock price of $308, which would see its shares increase by 66% by fiscal 2026. Amazon has a bright future, and you won't want to miss out on its potential. Before you buy stock in Advanced Micro Devices, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Advanced Micro Devices wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $522,969!* Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*. See the 10 stocks » *Stock Advisor returns as of April 8, 2024 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors.Dani Cookhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Amazon, Apple, Bitcoin, Ethereum, Meta Platforms, Microsoft, and Nvidia. The Motley Fool recommends Intel and recommends the following options: long January 2023 $57.50 calls on Intel, long January 2025 $45 calls on Intel, long January 2026 $395 calls on Microsoft, short January 2026 $405 calls on Microsoft, and short May 2024 $47 calls on Intel. The Motley Fool has adisclosure policy. 3 Tech Stocks With More Potential Than Any Cryptocurrencywas originally published by The Motley Fool... - Reddit Posts (Sample): [['u/that-ngr-guy', 'Scaling, Moores law', 10, '2024-05-09 00:18', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/', 'Will bitcoin block size eventually be able to increase, with natural technological revolutions to computing power, every so often?\n\nOr is 1-2mb a permanent constraint?', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/', '1cnh5hb', [['u/zrad603', 15, '2024-05-09 00:48', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/l379j6v/', 'All I can say, is read Roger Ver\'s new book. \n\nI\'m pretty convinced what\'s left of the BTC maximalists are just a cult. \n\nI kept hope that BTC might eventually come to their scenes, and eventually raise the block size. But it\'s been 7 years, and they are more entrenched than ever that they can\'t raise the block size. \n\nI think BTC is in it\'s *LAST* bull run. It\'s possible it already peaked. I think we\'re already entering into "altcoin season".', '1cnh5hb'], ['u/DontDieSenpai', 15, '2024-05-09 01:21', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/l37elzu/', "You're talking about BTC and this sub is primarily BCH supporters who are critical of the way bitcoin was hijacked by the store of value/small block crowd.\n\nThey claim we HAVE to have small blocks or else all Hell will break loose.\n\nWell, BCH hasn't broken, so I'd say those fears were unfounded.\n\nWithout big blocks, the base layer can't scale, so BTC crowd adopted L2 solutions like LN. But these are almost all custodial solutions and my personal fear is that even with a working L2, users still have to use the base layer from time to time. Tx fees are absolutely ridiculous though and worst case scenario is users literally cannot afford to use the base layer EVER.\n\nSatoshi himself said we would have to increase block size and the initial limit wasn't even his idea. It was a compromise introduced by Hal Finney in order to protect against denial of service attacks.\n\nEven with larger blocks, scaling is easy. Not everyone needs to run their own full node because all it takes is a single honest node to call bullshit if there's anything fishy going on. Specialized data centers have absolutely zero issue running nodes even with MUCH larger blocks than 1-2MB.\n\nLike I said, 1-2MB was NEVER intended to be anything more than a temporary solution implemented to protect the network until it scaled enough to mitigate those risks. At that time, the block limit should have been removed and we should have increased block size to meet demand.", '1cnh5hb'], ['u/ShadowOfHarbringer', 18, '2024-05-09 01:42', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/l37hqut/', 'Read the book "Hijacking Bitcoin".\n\nYou will deeply understand the issue.', '1cnh5hb'], ['u/doramas89', 13, '2024-05-09 01:48', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/l37imoz/', "It already scaled forking in 2017. Check the book Hijacking Bitcoin you'll understand a lot", '1cnh5hb'], ['u/pyalot', 10, '2024-05-09 04:37', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/l387qjn/', '1mb is an arbitrary number that Satoshi picked in 2010, and it was extremely conservative back then, as a temporary spam protection 18 months into Bitcoins history, at the time it did about 10 transactions per day. Comparing 2010 with today:\n\n- Global average internet speed up 1000% from 10mbps to 100mbps\n- Server center uplink speed up 1000% from 1gbps to 10gbps\n- MIPS/$ up 1000% from 10 to 100\n- HDD GB/$ up 282% from 28 to 79\n- SSD GB/$ up 1900% from 1.5 to 29\n- RAM MB/$ up 240% from 205 to 500\n\nIt is also expected that more algorithmic optimizations in UTXO dataset processing are possible, and that dedicated UTXO processing chips would be developed, given incentive to do so.\n\nBitcoin has upgraded its blocksize to 32mb in 2017 and will upgrade it to a flexible algorithmic blocksize this month.\n\nBTC obsession with the 1mb blocksize limit has never been about decentralization. The 1mb cult is a scheme to maintain control of BTC so it cannot practically be used, isnt a threat to the monetary order and suffers severe economic centralization.', '1cnh5hb'], ['u/LightningNotwork', 14, '2024-05-09 05:00', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/l38ay7f/', "Exactly, this is why the Internet providers universally restricted transfer speeds so the network wouldn't become overburdened. It was accepted that this was the safest way to manage the Internet. \n\nA good example is how websites aren't allowed to be created unless they're under a size limit which ensures 56k modems can still use them effectively. Shame we can't do fancy things like watch videos on the Internet, but it's important to stay backwards-compatible.\n\nWait, no, that's stupid.", '1cnh5hb']]], ['u/rabbit-girl333', 'Found dog, please DM me. Old black and gray Chihuahua.', 53, '2024-05-09 00:38', 'https://www.reddit.com/r/beaverton/comments/1cnhn8v/found_dog_please_dm_me_old_black_and_gray/', 'A woman came into my work and handed me this dog, said she found him wandering near BTC. I went back over there but couldn’t find his owner.\n\nPlease contact me ASAP.', 'https://www.reddit.com/gallery/1cnhn8v', '1cnhn8v', [['u/rabbit-girl333', 11, '2024-05-09 22:39', 'https://www.reddit.com/r/beaverton/comments/1cnhn8v/found_dog_please_dm_me_old_black_and_gray/l3c3fff/', 'Update: The dog’s owner was found!! Thank you so much :)', '1cnhn8v']]], ['u/No_Exam_4023', 'The joy of sending KAS', 28, '2024-05-09 01:00', 'https://www.reddit.com/r/kaspa/comments/1cni4u9/the_joy_of_sending_kas/', "It's sooooo fast! And knowing it's PoW... 😮\u200d💨\n\nSometimes I send it between my wallets just for fun (for context, I only own KAS and BTC so maybe I have a skewed perspective on this)", 'https://www.reddit.com/r/kaspa/comments/1cni4u9/the_joy_of_sending_kas/', '1cni4u9', [['u/Superb-Cantaloupe-78', 10, '2024-05-09 04:42', 'https://www.reddit.com/r/kaspa/comments/1cni4u9/the_joy_of_sending_kas/l388g9q/', 'Same here! Ony BTC and KAS. POW is king. Cant wait for KAS to destroy the POS scam networks and make us rich in the process ;)', '1cni4u9']]], ['u/Master-Winter489', 'Our Synology got attacked by ransomware', 128, '2024-05-09 02:05', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/', 'Just noticed that our files and folder are all encrypted and have this txt file in the file station \nanyway we can restore the data without the backup or access the admin account again \n\n Hello.\n \n This is Quick Security.\n \n What happened?\n \n - Your Network was not secure.\n - Your Network-Attached Storage was compromised.\n \n What does this mean? Where are my files?\n \n - All your data has been encrypted and moved to a special volume.\n - All your important documents have been downloaded.\n \n What can I do to recover my data?\n \n - If you want to recover your data, you have to send 0.02 Bitcoin to this wallet address:\n \n \n \n \n !!! Your ADMIN account was restricted for security reasons.\n You can contact us to restore it !!!\n\nI think we are the ones to blame here as we haven\'t had MFA enabled and we were using quick-connect to access the data there .. and I noticed the URL had changed from [synologyname.quickconnect.to](https://synologyname.cz5.quickconnect.to) to [synologyname.cz5.quickconnect.to](https://synologyname.cz5.quickconnect.to) not sure where the " CZ%" came from !! \n\n&#x200B;', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/', '1cnjkcp', [['u/mlpzaqwer', 72, '2024-05-09 02:21', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l37nfam/', 'To answer your question it’s gonna be a no. Will you get your data back even after you pay? Maybe but probably no. All you can do is be more secure with your accounts next time and backup offsite or even cold storage.', '1cnjkcp'], ['u/Tankgineer', 39, '2024-05-09 02:22', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l37nkow/', 'Sorry this happened to you. But also thank you for sharing the info about the attack and details about quick connect / MFA. Best of luck in recovering your data.', '1cnjkcp'], ['u/dx___xb', 11, '2024-05-09 02:26', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l37o5om/', 'That URL redirection is not a problem - it’s still under quickconnect.to domain.', '1cnjkcp'], ['u/KB-ice-cream', 20, '2024-05-09 02:55', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l37sjvp/', 'Did you have any ports forwarded on your router?\n\nCheckout this video to see if you did any of these things. https://youtu.be/x9QPUXldNAc', '1cnjkcp'], ['u/anna_lynn_fection', 13, '2024-05-09 02:57', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l37sxqh/', 'Then they def got admin access to the NAS. Sorry, but your stuff is most assuredly gone.\n\nMFA might have helped. But, since they got admin, and you say your password was strong, and not the default admin, then it sounds plausible that they got in via a machine the managed to infiltrate that was used to log into admin on the NAS.\n\nIf that\'s the case, then they probably grabbed a session cookie from your browser for the NAS. You may still have a compromised machine that they\'re sitting on, ready to nail you again after you get your NAS up and restored.\n\nPeople always think extra security is "extreme" until they get nailed by not using it.\n\nI recommend a PAW and segregated infrastructure management. Which basically means:\n\n1. You never use your normal workstation OS to log into the NAS admin interface. Use a bootable Linux iso.\n2. You segregate and firewall your management interface... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88, 66940.80, 66278.37
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["OMAHA, Neb., May 08, 2024 (GLOBE NEWSWIRE) --Exodus Movement, Inc.(OTCQX: EXOD) (the “Company” or “Exodus”) today announced that it was informed by the NYSE American that the exchange has delayed the Company’s listing until the Staff of the Securities and Exchange Commission completes its review of Exodus’ registration statement, which went effective on April 28, 2024. The NYSE American previously informed Exodus that its shares of Class A common stock, par value $0.000001 (the “Common Stock”), had been approved for listing with trading expected to commence on May 9, 2024.\nThe Company may reconsider listing on a national securities exchange at a future date once the SEC Staff has completed its review of the registration statement. Until such time, the Company’s Common Stock will continue to trade on OTC Markets’ OTCQX exchange under the symbol “EXOD.” Current stockholders of the Company do not need to take any action.\nCEO JP Richardson shared “While we are surprised and confused by this last-minute decision, we remain hopeful that the SEC will follow through on its commitment to treat us as the law intends. Exodus has been fully transparent and responsive throughout this process and we expect a swift resolution in this matter. In the meantime, we will continue to provide the best possible service and value for our customers and shareholders.”\nContact\nExodus Investor [email protected]\nAbout ExodusExodus is on a mission to help the world exit the traditional finance system. Founded in 2015, Exodus is a multi-asset software wallet that keeps design a priority to make cryptocurrency and digital assets easy for everyone. Available for desktop, mobile and browser, Exodus allows users to secure, manage and exchange cryptocurrencies like Bitcoin, Ethereum, and more across an industry-leading 10,000+ asset pairs from a beautiful, easy-to-use wallet. The self-custodial functionality is encrypted locally on users' own devices, ensuring privacy, security and complete control over their wealth. For more info visit exodus.com.\nDisclosure InformationExodus uses the following as means of disclosing material nonpublic information and for complying with disclosure obligations under Regulation FD: websites exodus.com/investors and exodus.com/blog; press releases; public videos, calls and webcasts; and social media: Twitter (@exodus_io and JP Richardson's feed @jprichardson), Facebook, LinkedIn, and YouTube.\nForward-Looking StatementsThis press release contains forward-looking statements that are based on our beliefs and assumptions and on information currently available to us as of the date hereof. In some cases, you can identify forward-looking statements by the following words: “will,” “expect,” “would,” “intend,” “believe,” or other comparable terminology. Forward-looking statements in this document include, but are not limited to, quotations from management regarding confidence in our products, services, business trajectory and plans, and certain business metrics. These statements involve risks, uncertainties, assumptions and other factors that are difficult to predict and may cause actual results or performance to be materially and adversely different. These forward-looking statements speak only as of the date hereof. We disclaim any obligation to update these forward-looking statements.", 'A research note released by Standard Chartered suggests that if Donald Trump secures a second term as the President of the United States in November, it could have a positive impact onBitcoin (BTC). According to Geoffrey Kendrick, a digital assets researcher at Standard Chartered, a Trump administration would likely be less stringent towards Bitcoin compared to a potential Biden administration.\nWhile officials in the Biden administration have taken a relatively tough stance on digital assets, Trump expressed a different view in a March interview, stating that if re-elected, he would not crack down on Bitcoin or other cryptocurrencies. The report also suggests that import tariffs under a Trump presidency could lead to several large reserve managers buying Bitcoin in 2025.\nKendrick further notes that if Trump were to win, foreign government buyers of U.S. treasuries might opt to shift their investments to alternative financial assets like Bitcoin as a precautionary measure. This potential shift in demand could drive up the price of the cryptocurrency.\nTrump\'s previous stance on cryptocurrency was more critical, but he seems to have softened his position. During a town hall event in South Carolina earlier this year, he acknowledged the growing acceptance of Bitcoin, stating that "many people are embracing" it and that he can "live with it one way or the other." However, he still referred to cryptocurrencies as "crazy new currencies."', 'A research note released by Standard Chartered suggests that if Donald Trump secures a second term as the President of the United States in November, it could have a positive impact onBitcoin (BTC). According to Geoffrey Kendrick, a digital assets researcher at Standard Chartered, a Trump administration would likely be less stringent towards Bitcoin compared to a potential Biden administration.\nWhile officials in the Biden administration have taken a relatively tough stance on digital assets, Trump expressed a different view in a March interview, stating that if re-elected, he would not crack down on Bitcoin or other cryptocurrencies. The report also suggests that import tariffs under a Trump presidency could lead to several large reserve managers buying Bitcoin in 2025.\nKendrick further notes that if Trump were to win, foreign government buyers of U.S. treasuries might opt to shift their investments to alternative financial assets like Bitcoin as a precautionary measure. This potential shift in demand could drive up the price of the cryptocurrency.\nTrump\'s previous stance on cryptocurrency was more critical, but he seems to have softened his position. During a town hall event in South Carolina earlier this year, he acknowledged the growing acceptance of Bitcoin, stating that "many people are embracing" it and that he can "live with it one way or the other." However, he still referred to cryptocurrencies as "crazy new currencies."', 'The price ofEthereum (ETH)has been hovering near a crucial support level at $3,010, experiencing a 2.57% drop over the past 24 hours, according to CoinMarketCap data. During this time, traders have shown a growing belief that the price will continue to decline, as they have accumulated significant short positions.\nThis development comes after Grayscale Investments decided to withdraw its application for an Ethereum futures exchange-traded fund (ETF) on May 7, just ahead of the scheduled decision by the United States Securities and Exchange Commission (SEC). The fate of spot Ether ETF applications, also set to be determined in May, has further fueled speculation regarding the classification of Ether as a security.\nLiquidation data indicates that if the price of Ether rises by 3%, approximately $345 million worth of short positions could be liquidated. In contrast, a 3% drop to $2,920 would only result in the liquidation of about $237 million in long positions.\nAnalysts and the crypto community have grown increasingly skeptical about the approval of a spot Ether ETF by the SEC. However, concerns about Ethereum extend beyond ETF approvals. The low usage of Ethereum has resulted in the challenge of its burn mechanism keeping up with issuance to validators. Furthermore, Ethereum has underperformed in comparison to Bitcoin, attributing it to a lag in speculative interest from short-term holders (STH).', 'CryptoPunks dominated the market with a daily sales volume for the second consecutive day on Wednesday.\nThe Ethereum-based non-fungible token (NFT) collection recorded over US$1.25 million in daily sales with eight total transactions attributed to seven unique buyers and sellers each.\nCryptoPunks led the market despite a 25% sales drop from the day prior. Its US$1.7 million daily sales volume also led the market on Tuesday, according to CryptoSlam data.\nCryptoPunks’ two-day dominance was not able to keep Ethereum, its host chain, at the top of the blockchain rankings for NFT sales. Bitcoin collections collectively achieved US$6.68 million in sales on Wednesday, edging out Ethereum’s US$6.04 million.\nThe second-highest performing collection of the day was DMarket, with a daily sales volume of US$725,058, involving a staggering 4,147 unique buyers and 3,569 sellers across 31,734 transactions.\nDMarket is a NFT collection that represents in-game items for the Mythos chain.\nNodeMonkes on Bitcoin claimed the third spot with a daily sales volume of US$717,301.84, engaging 37 unique buyers and 35 sellers in 38 transactions. This is a slight decrease from the US$750,024.31 generated the day before. The collection’s all-time sales now stand at US$214.35 million, reflecting a strong market position.\nNodeMonkes is the all-time leading collection on the Bitcoin network, with US$214.5 million in sales. It is now about US$1 million away from overtaking CyberKongz, an Ethereum-based collection that currently holds the 26th spot on the all-time sales chart.\nOther notable collections that made Wednesday’s top 10 sales list include the $PMPS BRC-20 NFTs, which saw a daily sales volume of US$634,465, and Mad Lads, which generated US$518,697 in sales.\nBoth collections experienced fluctuations in their daily performance, with $PMPS BRC-20 NFTs witnessing an increase in transactions from the previous day, while Mad Lads saw a decrease in sales from US$800,760.\nSolana Monkey Business, Bored Ape Yacht Club, Mutant Ape Yacht Club, DogeZuki Collection, and Guild of Guardians Avatars also featured in the day’s top-performing NFT collections', '• Cumulative monthly spot and derivatives trading volume tanked by 43.8%, CCData said.\n• Binance’s spot market volume registere **Last 60 Days of Bitcoin's Closing Prices:** [69019.79, 72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-05-09 **Financial & Commodity Data:** - Gold Closing Price: $2332.10 - Crude Oil Closing Price: $79.26 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,208,266,981,875 - Hash Rate: 613867438.0566123 - Transaction Count: 517193.0 - Unique Addresses: 513026.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.55 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Cryptocurrencies surged over the past decade, with the prices ofBitcoinandEthereum, the two most successful digital currencies, soaring 25,000% and 116,000%, respectively. However, investors cooled on crypto in recent years, discouraged by its tendency to rise or fall in the blink of an eye. The biggest advantage of cryptocurrency is its decentralized nature, making it far easier to exchange and trade between countries than traditional currencies. However, this is also why it has become one of the most volatile investments. With no governing authority, it can be challenging to pinpoint the reason for price fluctuation, making it too akin to gambling. So, despite their meteoric rises, Bitcoin and Ethereum haven't moved much since 2021, with Bitcoin up 7% and Ethereum actually down 25%. As a result, it might be a good idea to seek more reliable investments, such as tech stocks. Wall Street has a long history of rewarding innovative companies with significant and consistent gains over the long term. With high-growth industries like artificial intelligence (AI) and cloud computing on the rise, now could be an ideal time to invest in tech. These three tech stocks look like they have more potential than any cryptocurrency. Chip stocks likeAdvanced Micro Devices(NASDAQ: AMD)took center stage over the last year as increased interest in AI led to aspike in demand for graphics processing units (GPUs). In fact, data from Grand View Research projects the AI market to expand at a compound annual growth rate of 37% until at least 2030, which would see it hit nearly $2 trillion. Meanwhile, AMD restructured its business to prioritize GPU production. Last December, the company unveiled its MI300X AI GPU. This new chip is designed to compete directly with market leaderNvidia's offerings and has already caught the attention of some of tech's most prominent players, signing onMicrosoftandMeta Platformsas clients. Additionally, AMD wants to lead its own space within AI by expanding into AI-powered PCs. According to research firm IDC, PC shipments are projected to see a major boost this year, with AI integration serving as a key catalyst.And a Canalys report predicts that 60% of all PCs shipped in 2027 will be AI-enabled. AMD has massive potential in the coming years; earnings per share (EPS) estimates support this. AMD's earnings could hit just above $7 per share over the next two fiscal years. Multiplying this figure by the company'sforward price-to-earnings ratio (P/E)of 48 yields a stock price of $336. If projections are correct, AMD's stock price could nearly double by fiscal 2026, rising 96%. And with that, AMD has significantly more potential than the crypto market. Like AMD,Intel(NASDAQ: INTC)made significant changes to its business model over the last year. The company hit more than a few roadblocks in recent years. Its stock is down about 43% over the past three years after seeing decreased market share in central processing units (CPUs) and ending a more than decade-long partnership withApple. However, the fall from grace has seemingly lit a fire under Intel again, and it has been making moves to come back strong in the coming years.Last June, Intel announced a "fundamental shift" to its business, adopting an internal foundry model that it believes will help it save $10 billion by 2025. Moreover, Intel is moving into AI. In December 2023, the company debuted a range of AI chips, including Gaudi3, a GPU designed to challenge similar offerings from Nvidia. Intel also showed off new Core Ultra processors and Xeon server chips, which include neural processing units for running AI programs more efficiently. Intel's earnings could reach nearly $3 per share over the next two fiscal years. When multiplying that figure by the company's forward P/E of 28, you get a stock price of $85. Looking at its current position, these projections could see Intel's stock soar 118% by fiscal 2026. As a result, Intel is a screaming buy right now and one with more potential than any cryptocurrency. Amazon's(NASDAQ: AMZN)business exploded over the last decade as it has become a leader in e-commerce and the cloud market, with its annual revenue and operating income up 546% and 20,000%, respectively, since 2014. The tech giant has become a household name worldwide and will likely continue to flourish over the long term. Additionally, as the operator of the world's biggest cloud service, Amazon Web Services (AWS), the company has the potential to leverage its massive cloud data centers and steer the generative AI market. In 2023, AWS responded to increased demand for AI services by introducing a variety of new tools, which could lead to a considerable boost to earnings in the coming years. Amazon's earnings are expected to reach nearly $7 per share over the next two fiscal years. When you multiply that figure by the retail giant's forward P/E of 44, you get a stock price of $308, which would see its shares increase by 66% by fiscal 2026. Amazon has a bright future, and you won't want to miss out on its potential. Before you buy stock in Advanced Micro Devices, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Advanced Micro Devices wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $522,969!* Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*. See the 10 stocks » *Stock Advisor returns as of April 8, 2024 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors.Dani Cookhas no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Amazon, Apple, Bitcoin, Ethereum, Meta Platforms, Microsoft, and Nvidia. The Motley Fool recommends Intel and recommends the following options: long January 2023 $57.50 calls on Intel, long January 2025 $45 calls on Intel, long January 2026 $395 calls on Microsoft, short January 2026 $405 calls on Microsoft, and short May 2024 $47 calls on Intel. The Motley Fool has adisclosure policy. 3 Tech Stocks With More Potential Than Any Cryptocurrencywas originally published by The Motley Fool... - Reddit Posts (Sample): [['u/that-ngr-guy', 'Scaling, Moores law', 10, '2024-05-09 00:18', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/', 'Will bitcoin block size eventually be able to increase, with natural technological revolutions to computing power, every so often?\n\nOr is 1-2mb a permanent constraint?', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/', '1cnh5hb', [['u/zrad603', 15, '2024-05-09 00:48', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/l379j6v/', 'All I can say, is read Roger Ver\'s new book. \n\nI\'m pretty convinced what\'s left of the BTC maximalists are just a cult. \n\nI kept hope that BTC might eventually come to their scenes, and eventually raise the block size. But it\'s been 7 years, and they are more entrenched than ever that they can\'t raise the block size. \n\nI think BTC is in it\'s *LAST* bull run. It\'s possible it already peaked. I think we\'re already entering into "altcoin season".', '1cnh5hb'], ['u/DontDieSenpai', 15, '2024-05-09 01:21', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/l37elzu/', "You're talking about BTC and this sub is primarily BCH supporters who are critical of the way bitcoin was hijacked by the store of value/small block crowd.\n\nThey claim we HAVE to have small blocks or else all Hell will break loose.\n\nWell, BCH hasn't broken, so I'd say those fears were unfounded.\n\nWithout big blocks, the base layer can't scale, so BTC crowd adopted L2 solutions like LN. But these are almost all custodial solutions and my personal fear is that even with a working L2, users still have to use the base layer from time to time. Tx fees are absolutely ridiculous though and worst case scenario is users literally cannot afford to use the base layer EVER.\n\nSatoshi himself said we would have to increase block size and the initial limit wasn't even his idea. It was a compromise introduced by Hal Finney in order to protect against denial of service attacks.\n\nEven with larger blocks, scaling is easy. Not everyone needs to run their own full node because all it takes is a single honest node to call bullshit if there's anything fishy going on. Specialized data centers have absolutely zero issue running nodes even with MUCH larger blocks than 1-2MB.\n\nLike I said, 1-2MB was NEVER intended to be anything more than a temporary solution implemented to protect the network until it scaled enough to mitigate those risks. At that time, the block limit should have been removed and we should have increased block size to meet demand.", '1cnh5hb'], ['u/ShadowOfHarbringer', 18, '2024-05-09 01:42', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/l37hqut/', 'Read the book "Hijacking Bitcoin".\n\nYou will deeply understand the issue.', '1cnh5hb'], ['u/doramas89', 13, '2024-05-09 01:48', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/l37imoz/', "It already scaled forking in 2017. Check the book Hijacking Bitcoin you'll understand a lot", '1cnh5hb'], ['u/pyalot', 10, '2024-05-09 04:37', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/l387qjn/', '1mb is an arbitrary number that Satoshi picked in 2010, and it was extremely conservative back then, as a temporary spam protection 18 months into Bitcoins history, at the time it did about 10 transactions per day. Comparing 2010 with today:\n\n- Global average internet speed up 1000% from 10mbps to 100mbps\n- Server center uplink speed up 1000% from 1gbps to 10gbps\n- MIPS/$ up 1000% from 10 to 100\n- HDD GB/$ up 282% from 28 to 79\n- SSD GB/$ up 1900% from 1.5 to 29\n- RAM MB/$ up 240% from 205 to 500\n\nIt is also expected that more algorithmic optimizations in UTXO dataset processing are possible, and that dedicated UTXO processing chips would be developed, given incentive to do so.\n\nBitcoin has upgraded its blocksize to 32mb in 2017 and will upgrade it to a flexible algorithmic blocksize this month.\n\nBTC obsession with the 1mb blocksize limit has never been about decentralization. The 1mb cult is a scheme to maintain control of BTC so it cannot practically be used, isnt a threat to the monetary order and suffers severe economic centralization.', '1cnh5hb'], ['u/LightningNotwork', 14, '2024-05-09 05:00', 'https://www.reddit.com/r/btc/comments/1cnh5hb/scaling_moores_law/l38ay7f/', "Exactly, this is why the Internet providers universally restricted transfer speeds so the network wouldn't become overburdened. It was accepted that this was the safest way to manage the Internet. \n\nA good example is how websites aren't allowed to be created unless they're under a size limit which ensures 56k modems can still use them effectively. Shame we can't do fancy things like watch videos on the Internet, but it's important to stay backwards-compatible.\n\nWait, no, that's stupid.", '1cnh5hb']]], ['u/rabbit-girl333', 'Found dog, please DM me. Old black and gray Chihuahua.', 53, '2024-05-09 00:38', 'https://www.reddit.com/r/beaverton/comments/1cnhn8v/found_dog_please_dm_me_old_black_and_gray/', 'A woman came into my work and handed me this dog, said she found him wandering near BTC. I went back over there but couldn’t find his owner.\n\nPlease contact me ASAP.', 'https://www.reddit.com/gallery/1cnhn8v', '1cnhn8v', [['u/rabbit-girl333', 11, '2024-05-09 22:39', 'https://www.reddit.com/r/beaverton/comments/1cnhn8v/found_dog_please_dm_me_old_black_and_gray/l3c3fff/', 'Update: The dog’s owner was found!! Thank you so much :)', '1cnhn8v']]], ['u/No_Exam_4023', 'The joy of sending KAS', 28, '2024-05-09 01:00', 'https://www.reddit.com/r/kaspa/comments/1cni4u9/the_joy_of_sending_kas/', "It's sooooo fast! And knowing it's PoW... 😮\u200d💨\n\nSometimes I send it between my wallets just for fun (for context, I only own KAS and BTC so maybe I have a skewed perspective on this)", 'https://www.reddit.com/r/kaspa/comments/1cni4u9/the_joy_of_sending_kas/', '1cni4u9', [['u/Superb-Cantaloupe-78', 10, '2024-05-09 04:42', 'https://www.reddit.com/r/kaspa/comments/1cni4u9/the_joy_of_sending_kas/l388g9q/', 'Same here! Ony BTC and KAS. POW is king. Cant wait for KAS to destroy the POS scam networks and make us rich in the process ;)', '1cni4u9']]], ['u/Master-Winter489', 'Our Synology got attacked by ransomware', 128, '2024-05-09 02:05', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/', 'Just noticed that our files and folder are all encrypted and have this txt file in the file station \nanyway we can restore the data without the backup or access the admin account again \n\n Hello.\n \n This is Quick Security.\n \n What happened?\n \n - Your Network was not secure.\n - Your Network-Attached Storage was compromised.\n \n What does this mean? Where are my files?\n \n - All your data has been encrypted and moved to a special volume.\n - All your important documents have been downloaded.\n \n What can I do to recover my data?\n \n - If you want to recover your data, you have to send 0.02 Bitcoin to this wallet address:\n \n \n \n \n !!! Your ADMIN account was restricted for security reasons.\n You can contact us to restore it !!!\n\nI think we are the ones to blame here as we haven\'t had MFA enabled and we were using quick-connect to access the data there .. and I noticed the URL had changed from [synologyname.quickconnect.to](https://synologyname.cz5.quickconnect.to) to [synologyname.cz5.quickconnect.to](https://synologyname.cz5.quickconnect.to) not sure where the " CZ%" came from !! \n\n&#x200B;', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/', '1cnjkcp', [['u/mlpzaqwer', 72, '2024-05-09 02:21', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l37nfam/', 'To answer your question it’s gonna be a no. Will you get your data back even after you pay? Maybe but probably no. All you can do is be more secure with your accounts next time and backup offsite or even cold storage.', '1cnjkcp'], ['u/Tankgineer', 39, '2024-05-09 02:22', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l37nkow/', 'Sorry this happened to you. But also thank you for sharing the info about the attack and details about quick connect / MFA. Best of luck in recovering your data.', '1cnjkcp'], ['u/dx___xb', 11, '2024-05-09 02:26', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l37o5om/', 'That URL redirection is not a problem - it’s still under quickconnect.to domain.', '1cnjkcp'], ['u/KB-ice-cream', 20, '2024-05-09 02:55', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l37sjvp/', 'Did you have any ports forwarded on your router?\n\nCheckout this video to see if you did any of these things. https://youtu.be/x9QPUXldNAc', '1cnjkcp'], ['u/anna_lynn_fection', 13, '2024-05-09 02:57', 'https://www.reddit.com/r/synology/comments/1cnjkcp/our_synology_got_attacked_by_ransomware/l37sxqh/', 'Then they def got admin access to the NAS. Sorry, but your stuff is most assuredly gone.\n\nMFA might have helped. But, since they got admin, and you say your password was strong, and not the default admin, then it sounds plausible that they got in via a machine the managed to infiltrate that was used to log into admin on the NAS.\n\nIf that\'s the case, then they probably grabbed a session cookie from your browser for the NAS. You may still have a compromised machine that they\'re sitting on, ready to nail you again after you get your NAS up and restored.\n\nPeople always think extra security is "extreme" until they get nailed by not using it.\n\nI recommend a PAW and segregated infrastructure management. Which basically means:\n\n1. You never use your normal workstation OS to log into the NAS admin interface. Use a bootable Linux iso.\n2. You segregate and firewall your management interface... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88, 66940.80, 66278.37 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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 Dow rose for a seventh straight session on Thursday.\n• Despite jobless claims coming in higher than the previous week, Citi analysts said the reading was still low.\nUS stocks accelerated in afternoon trading on Thursday, propelling the Dow Jones Industrial Average to its seventh consecutive day of gains to mark its longest winning streak of 2024.\nDespite a shaky start to the day, the major stock averages rose steadily after the latest jobless claims came in higher than expected, bolstering the case for rate cuts from the Federal Reserve amid a cooling labor market.\nTech giants, including Apple, Meta, Microsoft, and Amazon, all gained on the day. Shares ofCaterpillarandHome Depotled the way in powering the Dow Jones higher.\nA $25 billion sale of 30-year Treasury bonds saw good demand, which helped yields come down and bolster gains for stocks.\nThe latest data showed weekly jobless claims hitting their highest level since August, jumping to 231,000 and helping to make the case that the labor market may be cooling enough to make the Fed more amenable to lowering interest rates soon.\n"We would be more concerned if initial claims continue to increase steadily in coming weeks and surpass the 260k levels from last year," Citi analysts said in a note on Thursday,\xa0 adding that New York initial claims alone contributed 10,000 to the total jump in weekly claims.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Thursday:\n• S&P 500:5,214.08, up 0.51%\n• Dow Jones Industrial Average:39,387.76, up 0.85% (+331.37 points)\n• Nasdaq Composite: 16,346.26, up 0.27%\nHere\'s what else is going on:\n• Buy this boring part of the stock marketfor overlooked exposure to the AI boom.\n• Wheat prices have surgedto 8-month highs amid global conflict and extreme weather.\n• \'Seriously underwater\' mortgagesare on the rise throughout the US, with Southern states seeing the biggest jump.\n• Don\'t blame Wall Streetfor jacking up home prices, economist says.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude rose 0.8% $79.61 a barrel.Brent crude, the international benchmark, was up 0.75% to $84.20 per barrel.\n• Goldrose 1.2% to $2,350 an ounce.\n• The 10-year Treasury dipped two basis points to 4.457%\n• Bitcoinwas up 0.7% to $62,566.\nRead the original article onBusiness Insider', "VanEck, a prominent asset management firm, has joined the memecoin frenzy by introducing a new index focused on this highly popular category of tokens. The index, known as MarketVector's Meme Coin Index and traded under the symbol MEMECOIN, tracks the performance of the top six meme tokens in the market. The largest holdings of this index include well-known meme coins likeDogecoin (DOGE),Shiba Inu (SHIB), andPepe (PEPE). Other tokens such asdogwifhat (WIF),Floki Inu (FLOKI), andBonk (BONK)are also part of the index.\nMarketVector's MEMECOIN Index has seen a staggering year-on-year increase of over 195%. In comparison, Bitcoin (BTC) has seen a rise of 123%. The memecoin market currently has a total market capitalization of $50.7 billion,accordingto CoinMarketCap, and MarketVector's index tracks $44.67 billion worth of meme coin value.\nAs meme coins continue to capture the attention of investors and gain traction in the market, the launch of VanEck's MEMECOIN Index provides a new tool for tracking the performance of these unique digital assets.\nSome believe that the memecoin craze will persist due to the lower fees associated with Solana, a blockchain platform that enables users to make small bets with the potential for significant profits. This stands in contrast to the previous bull market that saw high fees on the Ethereum network, especially during the boom in NFT trading.", "Bitcoin (BTC)is facing the risk of breaking down below $61,000, as it tested familiar trendlines for support, causing a decline in its price. Despite the low-timeframe volatility affecting liquidity, BTC lacked significant upward momentum. Traders were closely monitoring the 100-day simple moving average (SMA) and the short-term holder realized price (STH-RP), which are considered crucial support levels in a bull market. Last week, BTC briefly dipped to $56,500 but did not violate these levels for an extended period.\nAt the time of writing, the 100-day SMA and STH-RP were at $61,200 and $60,100, respectively. Skew, a popular trader, highlighted the significance of the 100-day SMA and the monthly open at $60,600 on higher time frames. He emphasized the importance of seeing evidence of sellers being absorbed to confirm strong demand.\nBitcoin's price movements also had an impact on the network's fundamentals. The mining difficulty, a measure of the computational effort required to mine new BTC, was set to decrease by 5.5% at the time of writing. This adjustment was the largest downward correction since the end of the 2022 bear market when BTC was trading below $20,000. Currently, the difficulty is at an all-time high of 83.23 trillion.\nAnalysts observed that the hashrate, another important metric in mining, was already declining. However, what mattered for miners was the difficulty level, which determines how much Bitcoin they can mine per unit of computational power. Difficulty adjustments occur approximately every 14 days, and assuming a -7% adjustment, the difficulty hashrate would be around 585 EH/s. Despite the drop in hashrate, it remained above earlier predictions, indicating ongoing mining activity.", "Bitcoin (BTC)is facing the risk of breaking down below $61,000, as it tested familiar trendlines for support, causing a decline in its price. Despite the low-timeframe volatility affecting liquidity, BTC lacked significant upward momentum. Traders were closely monitoring the 100-day simple moving average (SMA) and the short-term holder realized price (STH-RP), which are considered crucial support levels in a bull market. Last week, BTC briefly dipped to $56,500 but did not violate these levels for an extended period.\nAt the time of writing, the 100-day SMA and STH-RP were at $61,200 and $60,100, respectively. Skew, a popular trader, highlighted the significance of the 100-day SMA and the monthly open at $60,600 on higher time frames. He emphasized the importance of seeing evidence of sellers being absorbed to confirm strong demand.\nBitcoin's price movements also had an impact on the network's fundamentals. The mining difficulty, a measure of the computational effort required to mine new BTC, was set to decrease by 5.5% at the time of writing. This adjustment was the largest downward correction since the end of the 2022 bear market when BTC was trading below $20,000. Currently, the difficulty is at an all-time high of 83.23 trillion.\nAnalysts observed that the hashrate, another important metric in mining, was already declining. However, what mattered for miners was the difficulty level, which determines how much Bitcoin they can mine per unit of computational power. Difficulty adjustments occur approximately every 14 days, and assuming a -7% adjustment, the difficulty hashrate would be around 585 EH/s. Despite the drop in hashrate, it remained above earlier predictions, indicating ongoing mining activity.", 'As the cryptocurrency market once again experiences volatility post a strong Q1 2024 surge, investors face fresh uncertainty. The recent price dip raises doubts about the sustainability of the rebound, emphasising the persistent volatility of digital assets. Consequently, market participants navigate uncertain terrain, recognising the inherent risks at play.\nAgainst this backdrop,\xa0Coinbase Global Inc\xa0has emerged as the top cryptocurrency trading platform, commanding a 47% share of voice on Reddit, reveals the\xa0Social Media Analytics Platform\xa0of\xa0GlobalData, publishers of EPI.\nGlobalData’s report,\xa0“Top Platforms for Crypto Trading – Q1 2024,”\xa0 reveals that the remaining top-mentioned platforms for crypto trading are Binance Holdings, Cash App, KuCoin Exchange, Kraken Bitcoin exchange, Bybit Fintech, OKX.com, and Bitfinex.\nShreyasee Majumder, Social Media Analyst at GlobalData, said: “In Reddit discussions on crypto trading platforms, customer service took centre stage as the most popular topic with 52% share during Q1 2024. Platforms like Binance and Kraken received mixed reviews, with users praising efficiency while expressing frustration over the delayed responses and account freezes.\nMeanwhile, Coinbase and Cash App faced pronounced criticism for their handling of inquiries, marked by prolonged wait times and difficulties in issue resolution. These varied experiences underscore the critical importance of addressing service quality across the cryptocurrency market to bolster user satisfaction and foster trust in these platforms.”\nDespite Coinbase garnering 47% of Redditors\' share of voice among the top eight trading platforms, the community\'s diverse opinions highlight concerns about the platform glitches, high fees, and withdrawal costs, prompting calls for enhancements. Although users experienced dissatisfaction due to shortcomings in customer support, their enthusiasm for Coinbase\'s platform functionalities, particularly features like staking, continues to thrive. Furthermore, influencers are engaged in discussions regarding the evolving regulatory landscape, emphasising the need for legal clarity to ensure Coinbase\'s compliance and continued growth.\nBinance emerged as the second-most discussed platform with 29% share of voice during Q1 2024. Redditors embarked on a cautious exploration of various facets of Binance’s operations, delving into the key discussed topics like the platform\'s notable decision to delist Monero, regulatory challenges, and the notable success of $WIF\'s launch on the Binance Smart Chain. Additionally, discussions surrounding trust and security issues, as well as Binance\'s profound impact on altcoins, added depth to the community dialogue.\nMajumder added: “These m **Last 60 Days of Bitcoin's Closing Prices:** [72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-05-10 **Financial & Commodity Data:** - Gold Closing Price: $2367.30 - Crude Oil Closing Price: $78.26 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,248,530,147,334 - Hash Rate: 599332437.5790136 - Transaction Count: 713791.0 - Unique Addresses: 474605.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.66 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Investors who have bought and held Bitcoin have done well for themselves, but those in cocoa have amassed riches of their own. The price of cocoa has doubled to start 2024 and tripled over the last 12 months. "The worst is still yet to come," Rabobank commodities analyst Paul Joules said. The world is facing the largest deficit of cocoa supply in over 60 years. The International Cocoa Organization forecasts a shortage increase of 405% compared to last season. Don't Miss: • Executives and founders of Uber, Facebook and Apple are bullish onthis wellness app that you can co-investin at $1.15 per share. • Fortnite’s creator companygreenlights partial ownership for up to 100 accredited investorsin the upcoming series. With roughly two-thirds of the world's cocoa production in West Africa, extreme weather in the region has made it more difficult to grow healthy cocoa crops and transport them to ports for international shipment. Unlike other supply and demand imbalances, it's not easy to increase the supply of cocoa quickly. Trees in West Africa have been aging and yielding less cocoa over the years and farmers have had trouble getting the diseases impacting cocoa crops under control. Hedge funds that have piled into the commodity are benefiting from the situation, with over $8.7 billion in bets via cocoa futures products that the commodity will continue to rise. The bets have further raised the price of cocoa. Martijn Bron, a former global head of cocoa and chocolate trading for Cargill Inc., said hedge funds probably have the "biggest risk exposure to cocoa that they've ever had." Trending:This startup coined “eBay for gamers” with a breathtaking track record has opened upa window to invest in its future growth. Meanwhile, the rapid price appreciation of cocoa has impacted shares of chocolate companies such asHershey Co.(NYSE:HSY), which has seen its stock fall about 23% in the past year. It’s also led to sell-side analysts hitting the company with downgrades. Morgan Stanley recently issued an underweight rating on Hershey in large part because of the steep rise in cocoa impacting its gross margins. BNP Paribas also issued a downgrade. With consumers sensitive to prices after enduring the worst inflation in 40 years, cocoa prices might turn regular chocolate bars into luxury goods. Or they could be another victim of shrinkflation where companies create smaller chocolate bars sold at the same price or use less cocoa in their products. Read Next: • Long overdue disruption in the moving industry is underway.Here’s how to invest in it with just $100. • Here is whereyour most successful angel investmentmay be hidden. "ACTIVE INVESTORS' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now! Get the latest stock analysis from Benzinga? • HERSHEY (HSY): Free Stock Analysis Report This articleCocoa's Rise Outpaces Bitcoin As Hedge Funds Have 'Biggest Risk Exposure To Cocoa Ever' — Chocolate Becoming A Luxuryoriginally appeared onBenzinga.com © 2024 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.
60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88, 66940.80, 66278.37, 71448.20
You are an expert financial analyst. Your primary task is to 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 Dow rose for a seventh straight session on Thursday.\n• Despite jobless claims coming in higher than the previous week, Citi analysts said the reading was still low.\nUS stocks accelerated in afternoon trading on Thursday, propelling the Dow Jones Industrial Average to its seventh consecutive day of gains to mark its longest winning streak of 2024.\nDespite a shaky start to the day, the major stock averages rose steadily after the latest jobless claims came in higher than expected, bolstering the case for rate cuts from the Federal Reserve amid a cooling labor market.\nTech giants, including Apple, Meta, Microsoft, and Amazon, all gained on the day. Shares ofCaterpillarandHome Depotled the way in powering the Dow Jones higher.\nA $25 billion sale of 30-year Treasury bonds saw good demand, which helped yields come down and bolster gains for stocks.\nThe latest data showed weekly jobless claims hitting their highest level since August, jumping to 231,000 and helping to make the case that the labor market may be cooling enough to make the Fed more amenable to lowering interest rates soon.\n"We would be more concerned if initial claims continue to increase steadily in coming weeks and surpass the 260k levels from last year," Citi analysts said in a note on Thursday,\xa0 adding that New York initial claims alone contributed 10,000 to the total jump in weekly claims.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Thursday:\n• S&P 500:5,214.08, up 0.51%\n• Dow Jones Industrial Average:39,387.76, up 0.85% (+331.37 points)\n• Nasdaq Composite: 16,346.26, up 0.27%\nHere\'s what else is going on:\n• Buy this boring part of the stock marketfor overlooked exposure to the AI boom.\n• Wheat prices have surgedto 8-month highs amid global conflict and extreme weather.\n• \'Seriously underwater\' mortgagesare on the rise throughout the US, with Southern states seeing the biggest jump.\n• Don\'t blame Wall Streetfor jacking up home prices, economist says.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude rose 0.8% $79.61 a barrel.Brent crude, the international benchmark, was up 0.75% to $84.20 per barrel.\n• Goldrose 1.2% to $2,350 an ounce.\n• The 10-year Treasury dipped two basis points to 4.457%\n• Bitcoinwas up 0.7% to $62,566.\nRead the original article onBusiness Insider', "VanEck, a prominent asset management firm, has joined the memecoin frenzy by introducing a new index focused on this highly popular category of tokens. The index, known as MarketVector's Meme Coin Index and traded under the symbol MEMECOIN, tracks the performance of the top six meme tokens in the market. The largest holdings of this index include well-known meme coins likeDogecoin (DOGE),Shiba Inu (SHIB), andPepe (PEPE). Other tokens such asdogwifhat (WIF),Floki Inu (FLOKI), andBonk (BONK)are also part of the index.\nMarketVector's MEMECOIN Index has seen a staggering year-on-year increase of over 195%. In comparison, Bitcoin (BTC) has seen a rise of 123%. The memecoin market currently has a total market capitalization of $50.7 billion,accordingto CoinMarketCap, and MarketVector's index tracks $44.67 billion worth of meme coin value.\nAs meme coins continue to capture the attention of investors and gain traction in the market, the launch of VanEck's MEMECOIN Index provides a new tool for tracking the performance of these unique digital assets.\nSome believe that the memecoin craze will persist due to the lower fees associated with Solana, a blockchain platform that enables users to make small bets with the potential for significant profits. This stands in contrast to the previous bull market that saw high fees on the Ethereum network, especially during the boom in NFT trading.", "Bitcoin (BTC)is facing the risk of breaking down below $61,000, as it tested familiar trendlines for support, causing a decline in its price. Despite the low-timeframe volatility affecting liquidity, BTC lacked significant upward momentum. Traders were closely monitoring the 100-day simple moving average (SMA) and the short-term holder realized price (STH-RP), which are considered crucial support levels in a bull market. Last week, BTC briefly dipped to $56,500 but did not violate these levels for an extended period.\nAt the time of writing, the 100-day SMA and STH-RP were at $61,200 and $60,100, respectively. Skew, a popular trader, highlighted the significance of the 100-day SMA and the monthly open at $60,600 on higher time frames. He emphasized the importance of seeing evidence of sellers being absorbed to confirm strong demand.\nBitcoin's price movements also had an impact on the network's fundamentals. The mining difficulty, a measure of the computational effort required to mine new BTC, was set to decrease by 5.5% at the time of writing. This adjustment was the largest downward correction since the end of the 2022 bear market when BTC was trading below $20,000. Currently, the difficulty is at an all-time high of 83.23 trillion.\nAnalysts observed that the hashrate, another important metric in mining, was already declining. However, what mattered for miners was the difficulty level, which determines how much Bitcoin they can mine per unit of computational power. Difficulty adjustments occur approximately every 14 days, and assuming a -7% adjustment, the difficulty hashrate would be around 585 EH/s. Despite the drop in hashrate, it remained above earlier predictions, indicating ongoing mining activity.", "Bitcoin (BTC)is facing the risk of breaking down below $61,000, as it tested familiar trendlines for support, causing a decline in its price. Despite the low-timeframe volatility affecting liquidity, BTC lacked significant upward momentum. Traders were closely monitoring the 100-day simple moving average (SMA) and the short-term holder realized price (STH-RP), which are considered crucial support levels in a bull market. Last week, BTC briefly dipped to $56,500 but did not violate these levels for an extended period.\nAt the time of writing, the 100-day SMA and STH-RP were at $61,200 and $60,100, respectively. Skew, a popular trader, highlighted the significance of the 100-day SMA and the monthly open at $60,600 on higher time frames. He emphasized the importance of seeing evidence of sellers being absorbed to confirm strong demand.\nBitcoin's price movements also had an impact on the network's fundamentals. The mining difficulty, a measure of the computational effort required to mine new BTC, was set to decrease by 5.5% at the time of writing. This adjustment was the largest downward correction since the end of the 2022 bear market when BTC was trading below $20,000. Currently, the difficulty is at an all-time high of 83.23 trillion.\nAnalysts observed that the hashrate, another important metric in mining, was already declining. However, what mattered for miners was the difficulty level, which determines how much Bitcoin they can mine per unit of computational power. Difficulty adjustments occur approximately every 14 days, and assuming a -7% adjustment, the difficulty hashrate would be around 585 EH/s. Despite the drop in hashrate, it remained above earlier predictions, indicating ongoing mining activity.", 'As the cryptocurrency market once again experiences volatility post a strong Q1 2024 surge, investors face fresh uncertainty. The recent price dip raises doubts about the sustainability of the rebound, emphasising the persistent volatility of digital assets. Consequently, market participants navigate uncertain terrain, recognising the inherent risks at play.\nAgainst this backdrop,\xa0Coinbase Global Inc\xa0has emerged as the top cryptocurrency trading platform, commanding a 47% share of voice on Reddit, reveals the\xa0Social Media Analytics Platform\xa0of\xa0GlobalData, publishers of EPI.\nGlobalData’s report,\xa0“Top Platforms for Crypto Trading – Q1 2024,”\xa0 reveals that the remaining top-mentioned platforms for crypto trading are Binance Holdings, Cash App, KuCoin Exchange, Kraken Bitcoin exchange, Bybit Fintech, OKX.com, and Bitfinex.\nShreyasee Majumder, Social Media Analyst at GlobalData, said: “In Reddit discussions on crypto trading platforms, customer service took centre stage as the most popular topic with 52% share during Q1 2024. Platforms like Binance and Kraken received mixed reviews, with users praising efficiency while expressing frustration over the delayed responses and account freezes.\nMeanwhile, Coinbase and Cash App faced pronounced criticism for their handling of inquiries, marked by prolonged wait times and difficulties in issue resolution. These varied experiences underscore the critical importance of addressing service quality across the cryptocurrency market to bolster user satisfaction and foster trust in these platforms.”\nDespite Coinbase garnering 47% of Redditors\' share of voice among the top eight trading platforms, the community\'s diverse opinions highlight concerns about the platform glitches, high fees, and withdrawal costs, prompting calls for enhancements. Although users experienced dissatisfaction due to shortcomings in customer support, their enthusiasm for Coinbase\'s platform functionalities, particularly features like staking, continues to thrive. Furthermore, influencers are engaged in discussions regarding the evolving regulatory landscape, emphasising the need for legal clarity to ensure Coinbase\'s compliance and continued growth.\nBinance emerged as the second-most discussed platform with 29% share of voice during Q1 2024. Redditors embarked on a cautious exploration of various facets of Binance’s operations, delving into the key discussed topics like the platform\'s notable decision to delist Monero, regulatory challenges, and the notable success of $WIF\'s launch on the Binance Smart Chain. Additionally, discussions surrounding trust and security issues, as well as Binance\'s profound impact on altcoins, added depth to the community dialogue.\nMajumder added: “These m **Last 60 Days of Bitcoin's Closing Prices:** [72123.91, 71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-05-10 **Financial & Commodity Data:** - Gold Closing Price: $2367.30 - Crude Oil Closing Price: $78.26 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,248,530,147,334 - Hash Rate: 599332437.5790136 - Transaction Count: 713791.0 - Unique Addresses: 474605.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.66 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Investors who have bought and held Bitcoin have done well for themselves, but those in cocoa have amassed riches of their own. The price of cocoa has doubled to start 2024 and tripled over the last 12 months. "The worst is still yet to come," Rabobank commodities analyst Paul Joules said. The world is facing the largest deficit of cocoa supply in over 60 years. The International Cocoa Organization forecasts a shortage increase of 405% compared to last season. Don't Miss: • Executives and founders of Uber, Facebook and Apple are bullish onthis wellness app that you can co-investin at $1.15 per share. • Fortnite’s creator companygreenlights partial ownership for up to 100 accredited investorsin the upcoming series. With roughly two-thirds of the world's cocoa production in West Africa, extreme weather in the region has made it more difficult to grow healthy cocoa crops and transport them to ports for international shipment. Unlike other supply and demand imbalances, it's not easy to increase the supply of cocoa quickly. Trees in West Africa have been aging and yielding less cocoa over the years and farmers have had trouble getting the diseases impacting cocoa crops under control. Hedge funds that have piled into the commodity are benefiting from the situation, with over $8.7 billion in bets via cocoa futures products that the commodity will continue to rise. The bets have further raised the price of cocoa. Martijn Bron, a former global head of cocoa and chocolate trading for Cargill Inc., said hedge funds probably have the "biggest risk exposure to cocoa that they've ever had." Trending:This startup coined “eBay for gamers” with a breathtaking track record has opened upa window to invest in its future growth. Meanwhile, the rapid price appreciation of cocoa has impacted shares of chocolate companies such asHershey Co.(NYSE:HSY), which has seen its stock fall about 23% in the past year. It’s also led to sell-side analysts hitting the company with downgrades. Morgan Stanley recently issued an underweight rating on Hershey in large part because of the steep rise in cocoa impacting its gross margins. BNP Paribas also issued a downgrade. With consumers sensitive to prices after enduring the worst inflation in 40 years, cocoa prices might turn regular chocolate bars into luxury goods. Or they could be another victim of shrinkflation where companies create smaller chocolate bars sold at the same price or use less cocoa in their products. Read Next: • Long overdue disruption in the moving industry is underway.Here’s how to invest in it with just $100. • Here is whereyour most successful angel investmentmay be hidden. "ACTIVE INVESTORS' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro -Click here to start Your 14-Day Trial Now! Get the latest stock analysis from Benzinga? • HERSHEY (HSY): Free Stock Analysis Report This articleCocoa's Rise Outpaces Bitcoin As Hedge Funds Have 'Biggest Risk Exposure To Cocoa Ever' — Chocolate Becoming A Luxuryoriginally appeared onBenzinga.com © 2024 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. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88, 66940.80, 66278.37, 71448.20 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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 were mostly higher on Friday, with the Dow notching its eighth straight winning day.\n• The strong gains in May come ahead of a key CPI report, set to be released on Wednesday.\n• Fed speakers throughout the day struck a slightly hawkish tone.\nUS stocks traded higher on Friday, securing an eight-day winning streak for the Dow Jones Industrial Average.\nThe gains came despite hawkish comments from two Federal Reserve officials on Friday. Fed Governor Michelle Bowman said she doesn\'t expect any interest rate cuts this year, while Fed President Lorie Logan said its still too early to be thinking about interest rate cuts based on the latest inflation data.\nYet, stocks pressed higher anyway, buoyed by a solid first-quarter earnings season.\nOf the 92% of S&P 500 companies that have so far reported results, 81% beat profit estimates by a median of 8%, while 60% beat revenue estimates by a median of 5%, according to data from Fundstrat.\nInvestors will now turn their attention to the upcoming release of the April consumer price index report on Wednesday. The report will offer insights into when the Fed might move forward with interest rate cuts.\nFundstrat\'s Tom Lee expects a lower-than-expected inflation report, which shouldsend dovish signals to the Fed and push stocks higher for the rest of May.\n"This April CPI will highlight the possibility that auto insurance\'s disproportionate impact on CPI is ebbing," Lee said in a note on Friday.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:5,222.66, up 0.16%\n• Dow Jones Industrial Average:39,512.84, up 0.32% (+125.08 points)\n• Nasdaq composite:16,340.87, down 0.03%\nHere\'s what else happened today:\n• Rising home prices are not being caused by Wall Street\'s foray into the single-family home rental market,according to an economist.\n• "Seriously underwater" mortgages are on the rise throughout the US,with Southern states seeing the biggest jump.\n• Stanley Druckenmiller said copper prices will surge over the next six years on growing demand from EVs and missiles.\n• Apple has pulled its new iPad Pro ad that it says "missed the mark" in a rare apology.\n• US home prices have soared 47% so far this decade,outpacing all of the growth seen in the 1990s and 2010s.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil declined 1.10% to $78.39 a barrel.Brent crude, the international benchmark, dropped 1.13% to $82.93 a barrel.\n• Goldedged higher by 1.25% to $2,369.60 per ounce.\n• The 10-year Treasury yield rose 4 basis points to 4.50%.\n• Bitcoindeclined 3.83% to $60,662.\nRead the original article onBusiness Insider', 'Cryptocurrencies are causing seismic shifts in the financial landscape. They can potentially disrupt traditional financial systems at various levels, from personal finance to entire economies.\nHowever, investing in cryptocurrencies requires a different approach than investing in traditional equities. It involves navigating a landscape that blends aspects of stocks with cutting-edge technology.\nTo construct a successful portfolio and capitalize on the unique opportunities offered by cryptocurrencies, I\'ve discovered three key strategies that have proven invaluable over time.\nIt\'s easy to see that investing during the depths ofcrypto winterswould have yielded the most substantial returns. For example, if you had invested when Bitcoin was at $16,000, you\'d be sitting on generous gains of more than 300% today. However, making the decision to invest when the sentiment is bearish and the outlook appears most bleak requires considerable conviction and goes against human nature.\nIronically, during these periods of pessimism, when the market is dominated by fear, the greatest opportunities often arise. Yet capitalizing on these opportunities demands the willingness to swim against the tide.\nUnderstanding the influence of a herd mentality on market sentiment and acknowledging your personal behavioral bias can instill the confidence to navigate challenging times in crypto.\xa0While Warren Buffet\'s stance on cryptocurrencies may be lukewarm, at best, his advice is still applicable: "Be fearful when others are greedy and greedy when others are fearful." By sticking to this, investors can position themselves tocapture those monumental gainsthat have become synonymous with crypto.\nIt isn\'t glamorous but it\'s the harsh truth, and I wish I had heard it earlier in my crypto investing journey:Bitcoin(CRYPTO: BTC)should form the bulk of your cryptocurrency portfolio. Don\'t get me wrong -- the hopes of getting in early on the "next Bitcoin" is tempting.\xa0However, this advice often falls on deaf ears, but most cryptocurrencies will likely fail to outperform Bitcoin over the long haul.\nCrypto analyst Benjamin Cowen displayed this phenomenon in a recent post on X. As you can see, the number of cryptocurrencies that outperformed Bitcoin in 2023 was slim. While this was only measured over the last year, rest assured that if the analysis were to zoom out even further, there would be even fewer cryptos that could claim to outdo Bitcoin.\nThe reasons for Bitcoin\'s dominance over the market are likely a topic for another day, due to the varying reasons. However, for today\'s discussion, the main point to take away is that even though other cryptocurrencies with seemingly infinite upside are alluring, the risk often doesn\'t outweigh the reward.\nWhile it seems like all cryptocurrencies go up, especially in bull markets, the reality is that most fade to worthlessness over the long haul.\nIt\'s up to each investor to determine how many cryptocurrencies they want in their portfolio. But it\'s worth knowing that you could spread yourself too thin.\nWhen you spread your money across dozens of cryptocurrencies, you open up your portfolio to significant risk. While altcoins have a role and are where those monumental gains usually come from, they shouldn\'t make up the bulk of your portfolio. Leave that to Bitcoin. Your future self will thank you.\nThis might be the most difficult one. While stock investors benefit from a plethora of data and information on a company\'s finances at their fingertips, cryptocurrencies operate in a more obscure realm. This means you have to do your own research. You need to teach yourself some fundamentals, such as tokenomics, consensus mechanisms, network functionality, and more, to help measure a cryptocurrency\'s potential.\nEach of these characteristics coincides with each other and forms the foundation of a cryptocurrency\'s long-term potential. Understanding how these factors play with each other will give you an edge to pick and choose cryptocurrencies wisely. The reality is that the majority of cryptocurrencies lose value over time.\nOf most importance, though, doing this research can give you the tools to navigate market fluctuations with confidence. When prices have plummeted, and another bear market sets in, you\'ll be able to operate with the bigger picture in mind and capitalize on opportunities where the fundamentals of a cryptocurrency hold more potential than the current market price.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $543,758!*\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*.\nSee the 10 stocks »\n*Stock Advisor returns as of May 6, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n3 Secrets Every Investor Needs to Know Before Investing in Cryptowas originally published by The Motley Fool', 'Stocks have surged higher over the past year-and-a-half, and theS&P 500index is firmly in abull marketthat began in October 2022. Despite the run-up in the broader market index, excellent investing opportunities exist today.\nBlock(NYSE: SQ)is one stock that is an intriguing opportunity for investors. The company is improving its efficiency and gross profit, and has made solid progress on these goals early this year. However, federal prosecutors are also investigating alleged compliance failures at Cash App and Square. If you\'re thinking of buying Block stock, consider the following first.\nLast year, CEO Jack Dorsey announced Block\'s goal to reach the "rule of 40" target by 2026. The goal is for Block to produce sustainable profits and profit margins, with 40 equaling the sum of its gross profit growth rate plus the adjusted operating margin. Dorsey told investors that Block would cap its number of employees at 12,000 "until we feel the growth of the business has meaningfully outpaced the growth of the company."\nBlock has made solid progress toward its goals. In the first quarter, the fintech announced net\xa0income based on generally accepted accounting principles (GAAP) of $475 million, the company\'s best quarterly net income since going public in 2015.\nSQ Net Income (Quarterly)data byYCharts\nDuring the quarter, Block grew its gross profit by 22% year over year, with Cash App (25% growth) and Square (19% growth) contributing to its solid performance. The company made good progress onincreasing engagement with banking productsthrough the Cash App and saw solid growth in its buy now, pay later offering, Afterpay.\nThe Cash App had 57 million monthly transacting actives (a Cash App account with at least one financial transaction using any product or service within Cash App), up 6% from las **Last 60 Days of Bitcoin's Closing Prices:** [71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-05-11 **Financial & Commodity Data:** - Gold Closing Price: $2367.30 - Crude Oil Closing Price: $78.26 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,197,047,435,719 - Hash Rate: 657199017.7590562 - Transaction Count: 719306.0 - Unique Addresses: 445747.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.53 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bill Ackman and his hedge fund,Pershing Square Capital(OTC: PSHZ.F), are notable investors. Thanks to his frequent appearances on popular financial news networks and his coverage in other publications, the billionaire is a well-recognized investor. But some may be surprised to hear that his hedge fund only owns eight stocks -- and only seven companies. Pershing Square Capital's current holdings look like this. [{"Company": "Chipotle Mexican Grill", "Percentage of Portfolio": "18.3%"}, {"Company": "Restaurant Brands International", "Percentage of Portfolio": "17.6%"}, {"Company": "Hilton Hotels", "Percentage of Portfolio": "16.2%"}, {"Company": "Howard Hughes Holding", "Percentage of Portfolio": "15.1%"}, {"Company": "Alphabet(class C shares)", "Percentage of Portfolio": "12.8%"}, {"Company": "Canadian Pacific Kansas City", "Percentage of Portfolio": "11.5%"}, {"Company": "Alphabet(class A shares)", "Percentage of Portfolio": "5.9%"}, {"Company": "Lowe's", "Percentage of Portfolio": "2.7%"}] Data source: Whale Wisdom. Note: Percentages do not add up to 100% due to rounding. Some investors might cringe at his portfolio's lack of diversification, but Ackman's strategy has worked out over the long term. Additionally, some might question itslack of artificial intelligence (AI) exposure, especially since he doesn't ownNvidia(NASDAQ: NVDA). The only real AI exposure in his portfolio isAlphabet(NASDAQ: GOOG)(NASDAQ: GOOGL), which is still mainly an advertising firm right now. So, why don't Ackman and Pershing Square Capital own Nvidia? Any assessment of Ackman's style will clearly show he's a value investor, following the footsteps of perhaps the most famous investor of all time: Warren Buffett. His top qualification for determining whether he should buy a stock is if the business is "simple and predictable." Any investor following Ackman's No. 1 rule would therefore refrain from buying most AI-related stocks, including Nvidia. However, Nvidia is fairly simple at its core. Its primary products, graphics processing units (GPUs), are computation hardware that can perform large volumes of calculations in parallel. This makes GPUs extremely well suited to handle computationally arduous tasks like displaying the complex and rapidly changing graphics of modern video games -- and training and running the latest generative AI models. At the end of the day, Nvidia's business model is simple: Sell more GPUs. Unfortunately for investors, the company's sales arc is far from predictable. Before the generative AI arms race that triggered Nvidia's latest sales boom, Nvidia was reeling from the crash of the cryptocurrency market. Its GPUs can also be used to mine Bitcoin and a few dozen other proof-of-work coins, so when the crypto winter hit in 2021, that source of demand dried up. Chipmaking is a cyclical business, and demand for Nvidia's products will fall from time to time. This will include the demand for the types of GPUs that are currently being used to power AI models. Eventually, enough infrastructure will have been built that Nvidia won't need to produce quite as many GPUs. But when this will happen is anyone's guess, which makes the business unpredictable. However, that's about the only rule of Ackman's that Nvidia breaks. On his checklist for potential investments, Ackman lists other factors. Among them, he likes companies that are dominant in their space, operate in businesses with high barriers to entry, produce high capital returns, and have excellent management. Those are all characteristics Nvidia displays, so why doesn't Ackman own its shares? Because Ackman doesn't break his No. 1 rule. While an investor may at times bend a few of their other investing rules, one should never stray from the core principle of their portfolio. Ackman understands his investing style and he has done well with it, so for him, venturing into growth investing wouldn't be wise. In sum, the reason why Ackman and Pershing Square do not own Nvidiais because it doesn't fit their style. Before you buy stock in Nvidia, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Nvidia wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $506,291!* Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*. See the 10 stocks » *Stock Advisor returns as of April 22, 2024 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors.Keithen Druryhas positions in Alphabet. The Motley Fool has positions in and recommends Alphabet and Nvidia. The Motley Fool has adisclosure policy. Billionaire Bill Ackman Owns 8 Stocks -- and This Hypergrowth Artificial Intelligence (AI) Stock Isn't One of Themwas originally published by The Motley Fool... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88, 66940.80, 66278.37, 71448.20, 70136.53
You are an expert financial analyst. Your primary task is to 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 were mostly higher on Friday, with the Dow notching its eighth straight winning day.\n• The strong gains in May come ahead of a key CPI report, set to be released on Wednesday.\n• Fed speakers throughout the day struck a slightly hawkish tone.\nUS stocks traded higher on Friday, securing an eight-day winning streak for the Dow Jones Industrial Average.\nThe gains came despite hawkish comments from two Federal Reserve officials on Friday. Fed Governor Michelle Bowman said she doesn\'t expect any interest rate cuts this year, while Fed President Lorie Logan said its still too early to be thinking about interest rate cuts based on the latest inflation data.\nYet, stocks pressed higher anyway, buoyed by a solid first-quarter earnings season.\nOf the 92% of S&P 500 companies that have so far reported results, 81% beat profit estimates by a median of 8%, while 60% beat revenue estimates by a median of 5%, according to data from Fundstrat.\nInvestors will now turn their attention to the upcoming release of the April consumer price index report on Wednesday. The report will offer insights into when the Fed might move forward with interest rate cuts.\nFundstrat\'s Tom Lee expects a lower-than-expected inflation report, which shouldsend dovish signals to the Fed and push stocks higher for the rest of May.\n"This April CPI will highlight the possibility that auto insurance\'s disproportionate impact on CPI is ebbing," Lee said in a note on Friday.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:5,222.66, up 0.16%\n• Dow Jones Industrial Average:39,512.84, up 0.32% (+125.08 points)\n• Nasdaq composite:16,340.87, down 0.03%\nHere\'s what else happened today:\n• Rising home prices are not being caused by Wall Street\'s foray into the single-family home rental market,according to an economist.\n• "Seriously underwater" mortgages are on the rise throughout the US,with Southern states seeing the biggest jump.\n• Stanley Druckenmiller said copper prices will surge over the next six years on growing demand from EVs and missiles.\n• Apple has pulled its new iPad Pro ad that it says "missed the mark" in a rare apology.\n• US home prices have soared 47% so far this decade,outpacing all of the growth seen in the 1990s and 2010s.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil declined 1.10% to $78.39 a barrel.Brent crude, the international benchmark, dropped 1.13% to $82.93 a barrel.\n• Goldedged higher by 1.25% to $2,369.60 per ounce.\n• The 10-year Treasury yield rose 4 basis points to 4.50%.\n• Bitcoindeclined 3.83% to $60,662.\nRead the original article onBusiness Insider', 'Cryptocurrencies are causing seismic shifts in the financial landscape. They can potentially disrupt traditional financial systems at various levels, from personal finance to entire economies.\nHowever, investing in cryptocurrencies requires a different approach than investing in traditional equities. It involves navigating a landscape that blends aspects of stocks with cutting-edge technology.\nTo construct a successful portfolio and capitalize on the unique opportunities offered by cryptocurrencies, I\'ve discovered three key strategies that have proven invaluable over time.\nIt\'s easy to see that investing during the depths ofcrypto winterswould have yielded the most substantial returns. For example, if you had invested when Bitcoin was at $16,000, you\'d be sitting on generous gains of more than 300% today. However, making the decision to invest when the sentiment is bearish and the outlook appears most bleak requires considerable conviction and goes against human nature.\nIronically, during these periods of pessimism, when the market is dominated by fear, the greatest opportunities often arise. Yet capitalizing on these opportunities demands the willingness to swim against the tide.\nUnderstanding the influence of a herd mentality on market sentiment and acknowledging your personal behavioral bias can instill the confidence to navigate challenging times in crypto.\xa0While Warren Buffet\'s stance on cryptocurrencies may be lukewarm, at best, his advice is still applicable: "Be fearful when others are greedy and greedy when others are fearful." By sticking to this, investors can position themselves tocapture those monumental gainsthat have become synonymous with crypto.\nIt isn\'t glamorous but it\'s the harsh truth, and I wish I had heard it earlier in my crypto investing journey:Bitcoin(CRYPTO: BTC)should form the bulk of your cryptocurrency portfolio. Don\'t get me wrong -- the hopes of getting in early on the "next Bitcoin" is tempting.\xa0However, this advice often falls on deaf ears, but most cryptocurrencies will likely fail to outperform Bitcoin over the long haul.\nCrypto analyst Benjamin Cowen displayed this phenomenon in a recent post on X. As you can see, the number of cryptocurrencies that outperformed Bitcoin in 2023 was slim. While this was only measured over the last year, rest assured that if the analysis were to zoom out even further, there would be even fewer cryptos that could claim to outdo Bitcoin.\nThe reasons for Bitcoin\'s dominance over the market are likely a topic for another day, due to the varying reasons. However, for today\'s discussion, the main point to take away is that even though other cryptocurrencies with seemingly infinite upside are alluring, the risk often doesn\'t outweigh the reward.\nWhile it seems like all cryptocurrencies go up, especially in bull markets, the reality is that most fade to worthlessness over the long haul.\nIt\'s up to each investor to determine how many cryptocurrencies they want in their portfolio. But it\'s worth knowing that you could spread yourself too thin.\nWhen you spread your money across dozens of cryptocurrencies, you open up your portfolio to significant risk. While altcoins have a role and are where those monumental gains usually come from, they shouldn\'t make up the bulk of your portfolio. Leave that to Bitcoin. Your future self will thank you.\nThis might be the most difficult one. While stock investors benefit from a plethora of data and information on a company\'s finances at their fingertips, cryptocurrencies operate in a more obscure realm. This means you have to do your own research. You need to teach yourself some fundamentals, such as tokenomics, consensus mechanisms, network functionality, and more, to help measure a cryptocurrency\'s potential.\nEach of these characteristics coincides with each other and forms the foundation of a cryptocurrency\'s long-term potential. Understanding how these factors play with each other will give you an edge to pick and choose cryptocurrencies wisely. The reality is that the majority of cryptocurrencies lose value over time.\nOf most importance, though, doing this research can give you the tools to navigate market fluctuations with confidence. When prices have plummeted, and another bear market sets in, you\'ll be able to operate with the bigger picture in mind and capitalize on opportunities where the fundamentals of a cryptocurrency hold more potential than the current market price.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $543,758!*\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*.\nSee the 10 stocks »\n*Stock Advisor returns as of May 6, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n3 Secrets Every Investor Needs to Know Before Investing in Cryptowas originally published by The Motley Fool', 'Stocks have surged higher over the past year-and-a-half, and theS&P 500index is firmly in abull marketthat began in October 2022. Despite the run-up in the broader market index, excellent investing opportunities exist today.\nBlock(NYSE: SQ)is one stock that is an intriguing opportunity for investors. The company is improving its efficiency and gross profit, and has made solid progress on these goals early this year. However, federal prosecutors are also investigating alleged compliance failures at Cash App and Square. If you\'re thinking of buying Block stock, consider the following first.\nLast year, CEO Jack Dorsey announced Block\'s goal to reach the "rule of 40" target by 2026. The goal is for Block to produce sustainable profits and profit margins, with 40 equaling the sum of its gross profit growth rate plus the adjusted operating margin. Dorsey told investors that Block would cap its number of employees at 12,000 "until we feel the growth of the business has meaningfully outpaced the growth of the company."\nBlock has made solid progress toward its goals. In the first quarter, the fintech announced net\xa0income based on generally accepted accounting principles (GAAP) of $475 million, the company\'s best quarterly net income since going public in 2015.\nSQ Net Income (Quarterly)data byYCharts\nDuring the quarter, Block grew its gross profit by 22% year over year, with Cash App (25% growth) and Square (19% growth) contributing to its solid performance. The company made good progress onincreasing engagement with banking productsthrough the Cash App and saw solid growth in its buy now, pay later offering, Afterpay.\nThe Cash App had 57 million monthly transacting actives (a Cash App account with at least one financial transaction using any product or service within Cash App), up 6% from las **Last 60 Days of Bitcoin's Closing Prices:** [71481.29, 73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-05-11 **Financial & Commodity Data:** - Gold Closing Price: $2367.30 - Crude Oil Closing Price: $78.26 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,197,047,435,719 - Hash Rate: 657199017.7590562 - Transaction Count: 719306.0 - Unique Addresses: 445747.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.53 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bill Ackman and his hedge fund,Pershing Square Capital(OTC: PSHZ.F), are notable investors. Thanks to his frequent appearances on popular financial news networks and his coverage in other publications, the billionaire is a well-recognized investor. But some may be surprised to hear that his hedge fund only owns eight stocks -- and only seven companies. Pershing Square Capital's current holdings look like this. [{"Company": "Chipotle Mexican Grill", "Percentage of Portfolio": "18.3%"}, {"Company": "Restaurant Brands International", "Percentage of Portfolio": "17.6%"}, {"Company": "Hilton Hotels", "Percentage of Portfolio": "16.2%"}, {"Company": "Howard Hughes Holding", "Percentage of Portfolio": "15.1%"}, {"Company": "Alphabet(class C shares)", "Percentage of Portfolio": "12.8%"}, {"Company": "Canadian Pacific Kansas City", "Percentage of Portfolio": "11.5%"}, {"Company": "Alphabet(class A shares)", "Percentage of Portfolio": "5.9%"}, {"Company": "Lowe's", "Percentage of Portfolio": "2.7%"}] Data source: Whale Wisdom. Note: Percentages do not add up to 100% due to rounding. Some investors might cringe at his portfolio's lack of diversification, but Ackman's strategy has worked out over the long term. Additionally, some might question itslack of artificial intelligence (AI) exposure, especially since he doesn't ownNvidia(NASDAQ: NVDA). The only real AI exposure in his portfolio isAlphabet(NASDAQ: GOOG)(NASDAQ: GOOGL), which is still mainly an advertising firm right now. So, why don't Ackman and Pershing Square Capital own Nvidia? Any assessment of Ackman's style will clearly show he's a value investor, following the footsteps of perhaps the most famous investor of all time: Warren Buffett. His top qualification for determining whether he should buy a stock is if the business is "simple and predictable." Any investor following Ackman's No. 1 rule would therefore refrain from buying most AI-related stocks, including Nvidia. However, Nvidia is fairly simple at its core. Its primary products, graphics processing units (GPUs), are computation hardware that can perform large volumes of calculations in parallel. This makes GPUs extremely well suited to handle computationally arduous tasks like displaying the complex and rapidly changing graphics of modern video games -- and training and running the latest generative AI models. At the end of the day, Nvidia's business model is simple: Sell more GPUs. Unfortunately for investors, the company's sales arc is far from predictable. Before the generative AI arms race that triggered Nvidia's latest sales boom, Nvidia was reeling from the crash of the cryptocurrency market. Its GPUs can also be used to mine Bitcoin and a few dozen other proof-of-work coins, so when the crypto winter hit in 2021, that source of demand dried up. Chipmaking is a cyclical business, and demand for Nvidia's products will fall from time to time. This will include the demand for the types of GPUs that are currently being used to power AI models. Eventually, enough infrastructure will have been built that Nvidia won't need to produce quite as many GPUs. But when this will happen is anyone's guess, which makes the business unpredictable. However, that's about the only rule of Ackman's that Nvidia breaks. On his checklist for potential investments, Ackman lists other factors. Among them, he likes companies that are dominant in their space, operate in businesses with high barriers to entry, produce high capital returns, and have excellent management. Those are all characteristics Nvidia displays, so why doesn't Ackman own its shares? Because Ackman doesn't break his No. 1 rule. While an investor may at times bend a few of their other investing rules, one should never stray from the core principle of their portfolio. Ackman understands his investing style and he has done well with it, so for him, venturing into growth investing wouldn't be wise. In sum, the reason why Ackman and Pershing Square do not own Nvidiais because it doesn't fit their style. Before you buy stock in Nvidia, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Nvidia wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $506,291!* Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*. See the 10 stocks » *Stock Advisor returns as of April 22, 2024 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors.Keithen Druryhas positions in Alphabet. The Motley Fool has positions in and recommends Alphabet and Nvidia. The Motley Fool has adisclosure policy. Billionaire Bill Ackman Owns 8 Stocks -- and This Hypergrowth Artificial Intelligence (AI) Stock Isn't One of Themwas originally published by The Motley Fool... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88, 66940.80, 66278.37, 71448.20, 70136.53 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['PALM BEACH, FL. — During his first stint in the White House Donald Trump was no fan of cryptocurrencies; he once tweeted they were "based on thin air." He later sold millions of dollars worth of NFTs. This week, he rebranded himself as crypto\'s candidate of choice.\n"If you’re in favor of crypto you’re gonna vote for Trump because they want to end it," he said at a Wednesday night party in Mar-a-Lago, referring to Democrats and President Joe Biden. He also vowed to make sure his campaign can accept crypto donations.\nThe 77-year-old candidate\'s apparent turnabout came as little surprise to his audience of some 200 supporters. Many had bought $10,000 of Trump Trading Card NFTs to join this surreal, sweltering outdoor reception at the former President\'s Floridian palace. A CoinDesk reporter also attended (as a +1).\nFor nearly an hour, Trump fielded questions from a sea of sweat-drenched suit-wearers. Only a handful of them focused on crypto, an incredibly niche wedge issue that was the nominal anchor of the entire event.\nBut it was enough to make a few things clear:\n1. Trump is no expert on cryptocurrencies.\n2. Trump is an expert atsellingcryptocurrencies.\n3. The first two points don\'t matter because Trump has declared himself the champion of cryptocurrencies.\nOne exchange highlights points 1 and 3 (we will return to 2 later). When asked how he felt about central bank digital currencies (CBDCs) and "government blockchains" (two things that crypto proponents generally oppose) Trump responded "I think it all has its place."\nHe continued:\n"We have some incredible things happening, I mean crypto, if you go back to crypto a couple years ago, people said it wasn’t gonna make it but now it\'s up in record numbers. I guess you could say it\'s a form of currency and I think I’m for that, more and more I’m for that."\nThe substance of Trump\'s support for crypto might be less important to the industry\'s (likely small) cadre ofsingle-issue votersthan the fact he\'s saying anything positive about it. Trump appears to be the first major party presidential candidate that\'s embraced crypto.\nOn the other side of the race is an openly hostile presidential administration. Joe Biden\'s SEC chairman Gary Gensler is waging lawfare against many parts of the crypto industry. And earlier Wednesday, hours before his opponent\'s golf-resort gala, the President vowed to block a House effort to dismantle an SEC accounting rule for crypto that politicalopponentsargue has hampered the industry\'s growth.\n"Biden doesn’t even know what it is. If you ask Biden, \'Sir, are you for or against crypto?\' he’ll say, \'What’s that? Get me off the stage.\' He has no idea," Trump said. Whether or not that somewhat plausible presumption is true, Trump followed up with an attack on Gensler, an official well-versed in crypto.\n"I’ll say this: I’m fine with it, I want to make sure it\'s good and solid and everything else but I’m good with it," Trump said of crypto. He later said, "If we’re gonna have what we have then we’re going to have to embrace a lot of things that not everybody likes."\nHours before Trump\'s impromptu Q&A, the Biden campaign team roasted "people suckered into paying as much as $10,000 for simple digital images of him" in an email to supporters. The email blasted Trump for holding a glitzy NFT dinner instead of campaigning during his midweek break from court.\nBut Trumpwascampaigning on Wednesday night. He was vying for votes from the exceptionally loud crypto crowd that Biden had thoroughly snubbed. Sure, only a few hundred heard him firsthand. Their videos of Trump\'s pro-crypto musings ricocheted across social media and triggered a torrent of media coverage for crypto\'s self-appointed political champion.\n"There\'s 50 million crypto holders in the U.S. That\'s a lot of voters," Ryan Selkis, the CEO of crypto data platform Messari claimed to Mar-a-Lago\'s packed ballroom where VIPs (those who bought $10,000 of NFTs ) mingled with dinner attendees (who paid $4,700). Trump had unexpectedly called Selkis onstage.\nThe soundbites that emerged from Wednesday\'s NFT gala may accelerate crypto\'s polarization by locking it in the same us-or-them shackles that bind much of American politics. Bitcoin\'s libertarian roots hardly resonate today; crypto has its proponents onboth sidesof the aisle.\nRepublican politics\' most powerful voice cast crypto\'s bipartisan reality aside in declaring Democrats want to kill it off. "The Democrats are very much against it," Trump said, hours after 21 of the House\'s 213 Democrats voted to repeal the SEC accounting rule.\nTrump framed himself as the industry\'s only hope. His fluency in the industry\'s issues was spotty. Asked how he would change hostile U.S. policies that drive crypto businesses out of the country, he said: "We\'ll stop it, because I don\'t want that, I don\'t want that. I want that – if we\'re going to embrace it then we have to let them be here."\nThere was one area of crypto where Trump spoke more-or-less expertly: his NFTs. Three collections of Trump NFTs – digital trading cards that depict an uber-jacked Donald in various states of patriotism – have generated millions of dollars in sales. Wednesday\'s dinner gala celebrated high-rollers who bought into his "Mugshot Edition" third collection.\n"We did it when NFTs were not hot and we made NFTs hot again," Trump claimed of his cards, adding that some NFT buyers made tens of thousands of dollars on the resale market.\nAsked by one attendee if he would sell a fourth NFT collection, the longtime businessman demurred. "I believe in supply and demand. And as you know 1 did great, 2 did great, 3 did great. At some point maybe that turns around."\nHe polled the audience: How many Mugshot high-rollers wanted a series 4 collection of NFTs? Most raised their hands. Trump sounded bewildered: "Based on supply and demand, wouldn’t that maybe keep your prices, of the stuff you already bought, wouldn\'t that keep it lower?" He tested their resolve. "Who would likenotto see a fourth collection for that reason?" Only a couple of hands shot up.\n"Ok, a couple of economists," Trump said to the laughter of the crowd.', 'Ether(CRYPTO: ETH), the largest cryptocurrency of the open-source Ethereum network, has rallied nearly 70% over the past 12 months. However, it\'s still trading about 35% below its all-time high of $4,815, which it reached during the apex of the buying frenzy in cryptocurrencies in November 2021.\nSome bullish investors believe Ether\'s price could soar even higher. VanEck\'s Matthew Sigel and Patrick Bush expect its price to reach $11,800 by 2030, while Ark Invest\'s Cathie Wood believes it could beworth $166,000by 2032. Investors should take those estimates with a grain of salt, but I believe Ether could still head much higher for four simple reasons.\nEther,Bitcoin(CRYPTO: BTC), and many other cryptocurrencies were crushed in 2022 as rising interest rates drove investors toward more conservative investments. However, the Federal Reserve recently left its rates unchanged and won\'t likely raise them again this year. That stability -- and expectations for lower rates after inflation cools off -- should drive more investors back toward cryptocurrencies and riskier plays.\nIn August 2021, the Ethereum Network implemented two major changes with its "London" upgrade. First, it changed the calculations of transaction fees -- also known as "gas fees" -- from a manual bidding system instead of an automated one. That change simplified and streamlined the process by setting prices based on the congestion in the network.\nSecond, it started to "burn" -- or remove from circulation -- the base fee of every transaction on its network. That burning process ensured that only Ether could be used to pay for transactions across the Ethereum Network (which solidifies its economic value) while gradually reducing its supply to stabilize its market price.\nIn September 2022, the Ethereum Network switched from the energy-intensive proof of work (PoW) mining method (used by Bitcoin) to the more energy-efficient proof of stake (PoS) method. That transition, known as "The Merge," reduced its total mining energy consumption by about 99.95%.\nIt also made the Ethereum Network deflationary -- so more Ether was being burned than being issued. As a result, about $12.7 billion in Ether has been burned since the London upgrade. That\'s equivalent to 3% of its current market cap of $378 billion. While that burn rate might gradually cool off, the ongoing process should limit the crypto\'s downside potential.\nThe U.S. Securities and Exchange Commission (SEC) approved the first spot price Bitcoin exchange-traded funds (ETFs) earlier this year. However, the SEC has been reluctant to approve the first spot price ETFs for Ether because it believes Bitcoin is the only cryptocurrency that can be considered an asset instead of a security.\nThe SEC believes that Bitcoin\'s PoW process is more similar to the physical process of mining precious metals, so it can be assigned a market-driven spot price like gold and silver. But it says the PoS process that Ethereum uses makes it more similar to a security, which is subject to tighter regulations than commodities.\nThe SEC doesn\'t seem eager to approve the first "spot price" Ether ETFs anytime soon, but ETF issuers -- including VanEck, Ark Invest, and seven other companies -- could file litigation against the agency to accelerate the process. The recent approvals of Bitcoin and Ether ETFs in Hong Kong could also force the SEC to stop dragging its feet.\nThe main thing that sets Ether apart from Bitcoin is its open-source network. Bitcoin\'s blockchain can only be used to mine the cryptocurrency, but developers can build decentralized apps, tokens, and other crypto assets on the Ethereum Network.\nAccording to Fortune Business Insights, the decentralized apps market could grow at a compound annual growth rate (CAGR) **Last 60 Days of Bitcoin's Closing Prices:** [73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-05-12 **Financial & Commodity Data:** - Gold Closing Price: $2367.30 - Crude Oil Closing Price: $78.26 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,208,953,376,400 - Hash Rate: 545599184.5546882 - Transaction Count: 557164.0 - Unique Addresses: 377543.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.56 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Current Bitcoin Mining Operations Annual Run Rate of Approximately $82 Million LAS VEGAS, April 03, 2024--(BUSINESS WIRE)--Ault Alliance, Inc.(NYSE American: AULT), a diversified holding company ("Ault Alliance," or the "Company"), announced today that its wholly owned subsidiary, Sentinum, Inc. ("Sentinum"), mined approximately 105 Bitcoin in March 2024. Of this total, approximately 53 Bitcoin were mined at Sentinum’s data center in Michigan, with the remaining approximately 52 Bitcoin from mining machines hosted with Core Scientific, Inc. The March mining operations represent a current Bitcoin mining operations annual run rate of approximately $82 million worth of Bitcoin. The run rate is based upon a current Bitcoin price of $65,000 per coin. William B. Horne, Chief Executive Officer of Ault Alliance, stated, "Sentinum has recently installed the first Antbox mining container at one of its Montana sites. Over the coming weeks and months, Sentinum will slowly move and install miners at its Montana facility to take advantage of the low power cost and make space for the build out of its Michigan facility into an artificial intelligence data center. We continue to be pleased with the progress that Sentinum is making and are excited for the future opportunities presented to us for the Michigan facility." Ault Alliance notes that all estimates and other projections are subject to the volatility in Bitcoin market price, the fluctuation in the mining difficulty level, the ability to build out and provide the necessary power for miners, and other factors that may impact the results of Bitcoin mining production or operations. The Company also notes the upcoming halving of Bitcoin and with that, the halving of the block reward for miners. The Company makes no prediction on the price of Bitcoin prior to or after the upcoming halving but is prepared to adjust its mining operations accordingly. For more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section atwww.Ault.comor atwww.sec.gov. About Ault Alliance, Inc. Ault Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries, 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 the Company undertakes no obligation to update any of them 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. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8- K. All filings are available atwww.sec.govand on the Company’s website atwww.Ault.com. View source version on businesswire.com:https://www.businesswire.com/news/home/20240403420180/en/ Contacts 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.
62901.45, 61552.79, 66267.49, 65231.58, 67051.88, 66940.80, 66278.37, 71448.20, 70136.53, 69122.34
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:** ['PALM BEACH, FL. — During his first stint in the White House Donald Trump was no fan of cryptocurrencies; he once tweeted they were "based on thin air." He later sold millions of dollars worth of NFTs. This week, he rebranded himself as crypto\'s candidate of choice.\n"If you’re in favor of crypto you’re gonna vote for Trump because they want to end it," he said at a Wednesday night party in Mar-a-Lago, referring to Democrats and President Joe Biden. He also vowed to make sure his campaign can accept crypto donations.\nThe 77-year-old candidate\'s apparent turnabout came as little surprise to his audience of some 200 supporters. Many had bought $10,000 of Trump Trading Card NFTs to join this surreal, sweltering outdoor reception at the former President\'s Floridian palace. A CoinDesk reporter also attended (as a +1).\nFor nearly an hour, Trump fielded questions from a sea of sweat-drenched suit-wearers. Only a handful of them focused on crypto, an incredibly niche wedge issue that was the nominal anchor of the entire event.\nBut it was enough to make a few things clear:\n1. Trump is no expert on cryptocurrencies.\n2. Trump is an expert atsellingcryptocurrencies.\n3. The first two points don\'t matter because Trump has declared himself the champion of cryptocurrencies.\nOne exchange highlights points 1 and 3 (we will return to 2 later). When asked how he felt about central bank digital currencies (CBDCs) and "government blockchains" (two things that crypto proponents generally oppose) Trump responded "I think it all has its place."\nHe continued:\n"We have some incredible things happening, I mean crypto, if you go back to crypto a couple years ago, people said it wasn’t gonna make it but now it\'s up in record numbers. I guess you could say it\'s a form of currency and I think I’m for that, more and more I’m for that."\nThe substance of Trump\'s support for crypto might be less important to the industry\'s (likely small) cadre ofsingle-issue votersthan the fact he\'s saying anything positive about it. Trump appears to be the first major party presidential candidate that\'s embraced crypto.\nOn the other side of the race is an openly hostile presidential administration. Joe Biden\'s SEC chairman Gary Gensler is waging lawfare against many parts of the crypto industry. And earlier Wednesday, hours before his opponent\'s golf-resort gala, the President vowed to block a House effort to dismantle an SEC accounting rule for crypto that politicalopponentsargue has hampered the industry\'s growth.\n"Biden doesn’t even know what it is. If you ask Biden, \'Sir, are you for or against crypto?\' he’ll say, \'What’s that? Get me off the stage.\' He has no idea," Trump said. Whether or not that somewhat plausible presumption is true, Trump followed up with an attack on Gensler, an official well-versed in crypto.\n"I’ll say this: I’m fine with it, I want to make sure it\'s good and solid and everything else but I’m good with it," Trump said of crypto. He later said, "If we’re gonna have what we have then we’re going to have to embrace a lot of things that not everybody likes."\nHours before Trump\'s impromptu Q&A, the Biden campaign team roasted "people suckered into paying as much as $10,000 for simple digital images of him" in an email to supporters. The email blasted Trump for holding a glitzy NFT dinner instead of campaigning during his midweek break from court.\nBut Trumpwascampaigning on Wednesday night. He was vying for votes from the exceptionally loud crypto crowd that Biden had thoroughly snubbed. Sure, only a few hundred heard him firsthand. Their videos of Trump\'s pro-crypto musings ricocheted across social media and triggered a torrent of media coverage for crypto\'s self-appointed political champion.\n"There\'s 50 million crypto holders in the U.S. That\'s a lot of voters," Ryan Selkis, the CEO of crypto data platform Messari claimed to Mar-a-Lago\'s packed ballroom where VIPs (those who bought $10,000 of NFTs ) mingled with dinner attendees (who paid $4,700). Trump had unexpectedly called Selkis onstage.\nThe soundbites that emerged from Wednesday\'s NFT gala may accelerate crypto\'s polarization by locking it in the same us-or-them shackles that bind much of American politics. Bitcoin\'s libertarian roots hardly resonate today; crypto has its proponents onboth sidesof the aisle.\nRepublican politics\' most powerful voice cast crypto\'s bipartisan reality aside in declaring Democrats want to kill it off. "The Democrats are very much against it," Trump said, hours after 21 of the House\'s 213 Democrats voted to repeal the SEC accounting rule.\nTrump framed himself as the industry\'s only hope. His fluency in the industry\'s issues was spotty. Asked how he would change hostile U.S. policies that drive crypto businesses out of the country, he said: "We\'ll stop it, because I don\'t want that, I don\'t want that. I want that – if we\'re going to embrace it then we have to let them be here."\nThere was one area of crypto where Trump spoke more-or-less expertly: his NFTs. Three collections of Trump NFTs – digital trading cards that depict an uber-jacked Donald in various states of patriotism – have generated millions of dollars in sales. Wednesday\'s dinner gala celebrated high-rollers who bought into his "Mugshot Edition" third collection.\n"We did it when NFTs were not hot and we made NFTs hot again," Trump claimed of his cards, adding that some NFT buyers made tens of thousands of dollars on the resale market.\nAsked by one attendee if he would sell a fourth NFT collection, the longtime businessman demurred. "I believe in supply and demand. And as you know 1 did great, 2 did great, 3 did great. At some point maybe that turns around."\nHe polled the audience: How many Mugshot high-rollers wanted a series 4 collection of NFTs? Most raised their hands. Trump sounded bewildered: "Based on supply and demand, wouldn’t that maybe keep your prices, of the stuff you already bought, wouldn\'t that keep it lower?" He tested their resolve. "Who would likenotto see a fourth collection for that reason?" Only a couple of hands shot up.\n"Ok, a couple of economists," Trump said to the laughter of the crowd.', 'Ether(CRYPTO: ETH), the largest cryptocurrency of the open-source Ethereum network, has rallied nearly 70% over the past 12 months. However, it\'s still trading about 35% below its all-time high of $4,815, which it reached during the apex of the buying frenzy in cryptocurrencies in November 2021.\nSome bullish investors believe Ether\'s price could soar even higher. VanEck\'s Matthew Sigel and Patrick Bush expect its price to reach $11,800 by 2030, while Ark Invest\'s Cathie Wood believes it could beworth $166,000by 2032. Investors should take those estimates with a grain of salt, but I believe Ether could still head much higher for four simple reasons.\nEther,Bitcoin(CRYPTO: BTC), and many other cryptocurrencies were crushed in 2022 as rising interest rates drove investors toward more conservative investments. However, the Federal Reserve recently left its rates unchanged and won\'t likely raise them again this year. That stability -- and expectations for lower rates after inflation cools off -- should drive more investors back toward cryptocurrencies and riskier plays.\nIn August 2021, the Ethereum Network implemented two major changes with its "London" upgrade. First, it changed the calculations of transaction fees -- also known as "gas fees" -- from a manual bidding system instead of an automated one. That change simplified and streamlined the process by setting prices based on the congestion in the network.\nSecond, it started to "burn" -- or remove from circulation -- the base fee of every transaction on its network. That burning process ensured that only Ether could be used to pay for transactions across the Ethereum Network (which solidifies its economic value) while gradually reducing its supply to stabilize its market price.\nIn September 2022, the Ethereum Network switched from the energy-intensive proof of work (PoW) mining method (used by Bitcoin) to the more energy-efficient proof of stake (PoS) method. That transition, known as "The Merge," reduced its total mining energy consumption by about 99.95%.\nIt also made the Ethereum Network deflationary -- so more Ether was being burned than being issued. As a result, about $12.7 billion in Ether has been burned since the London upgrade. That\'s equivalent to 3% of its current market cap of $378 billion. While that burn rate might gradually cool off, the ongoing process should limit the crypto\'s downside potential.\nThe U.S. Securities and Exchange Commission (SEC) approved the first spot price Bitcoin exchange-traded funds (ETFs) earlier this year. However, the SEC has been reluctant to approve the first spot price ETFs for Ether because it believes Bitcoin is the only cryptocurrency that can be considered an asset instead of a security.\nThe SEC believes that Bitcoin\'s PoW process is more similar to the physical process of mining precious metals, so it can be assigned a market-driven spot price like gold and silver. But it says the PoS process that Ethereum uses makes it more similar to a security, which is subject to tighter regulations than commodities.\nThe SEC doesn\'t seem eager to approve the first "spot price" Ether ETFs anytime soon, but ETF issuers -- including VanEck, Ark Invest, and seven other companies -- could file litigation against the agency to accelerate the process. The recent approvals of Bitcoin and Ether ETFs in Hong Kong could also force the SEC to stop dragging its feet.\nThe main thing that sets Ether apart from Bitcoin is its open-source network. Bitcoin\'s blockchain can only be used to mine the cryptocurrency, but developers can build decentralized apps, tokens, and other crypto assets on the Ethereum Network.\nAccording to Fortune Business Insights, the decentralized apps market could grow at a compound annual growth rate (CAGR) **Last 60 Days of Bitcoin's Closing Prices:** [73083.50, 71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-05-12 **Financial & Commodity Data:** - Gold Closing Price: $2367.30 - Crude Oil Closing Price: $78.26 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,208,953,376,400 - Hash Rate: 545599184.5546882 - Transaction Count: 557164.0 - Unique Addresses: 377543.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.56 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Current Bitcoin Mining Operations Annual Run Rate of Approximately $82 Million LAS VEGAS, April 03, 2024--(BUSINESS WIRE)--Ault Alliance, Inc.(NYSE American: AULT), a diversified holding company ("Ault Alliance," or the "Company"), announced today that its wholly owned subsidiary, Sentinum, Inc. ("Sentinum"), mined approximately 105 Bitcoin in March 2024. Of this total, approximately 53 Bitcoin were mined at Sentinum’s data center in Michigan, with the remaining approximately 52 Bitcoin from mining machines hosted with Core Scientific, Inc. The March mining operations represent a current Bitcoin mining operations annual run rate of approximately $82 million worth of Bitcoin. The run rate is based upon a current Bitcoin price of $65,000 per coin. William B. Horne, Chief Executive Officer of Ault Alliance, stated, "Sentinum has recently installed the first Antbox mining container at one of its Montana sites. Over the coming weeks and months, Sentinum will slowly move and install miners at its Montana facility to take advantage of the low power cost and make space for the build out of its Michigan facility into an artificial intelligence data center. We continue to be pleased with the progress that Sentinum is making and are excited for the future opportunities presented to us for the Michigan facility." Ault Alliance notes that all estimates and other projections are subject to the volatility in Bitcoin market price, the fluctuation in the mining difficulty level, the ability to build out and provide the necessary power for miners, and other factors that may impact the results of Bitcoin mining production or operations. The Company also notes the upcoming halving of Bitcoin and with that, the halving of the block reward for miners. The Company makes no prediction on the price of Bitcoin prior to or after the upcoming halving but is prepared to adjust its mining operations accordingly. For more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section atwww.Ault.comor atwww.sec.gov. About Ault Alliance, Inc. Ault Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries, 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 the Company undertakes no obligation to update any of them 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. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8- K. All filings are available atwww.sec.govand on the Company’s website atwww.Ault.com. View source version on businesswire.com:https://www.businesswire.com/news/home/20240403420180/en/ Contacts 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. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 62901.45, 61552.79, 66267.49, 65231.58, 67051.88, 66940.80, 66278.37, 71448.20, 70136.53, 69122.34 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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 what has been a rather uneventful week for the crypto market, most cryptocurrencies experienced a downward trend as Bitcoin and other major coins and tokens struggled to make significant gains. According to CoinMarketCap,Bitcoin (BTC)is currently trading at $61,212, marking a decline of over 4% in the past seven days.\nBitcoin, which witnessed a remarkable surge in value following the historic approval of U.S. exchange-traded funds (ETFs), has been grappling with a lack of upward momentum since its plunge below the 2021 all-time high of $69,044 in early April. The excitement surrounding ETFs has waned, dampening the coin's seemingly unstoppable rise.\nHowever, there are signs of potential improvement as money flowed into Bitcoin-based Traditional Finance (TradFi) products for three consecutive days this week. Nevertheless, experts suggest that it may take some time for Bitcoin to reach its all-time high again, with the ultimate outcome likely based on the actions of the U.S. central bank.\nWhile memecoins continue to capture attention with developers exploring quirky tactics to gain visibility, more established cryptocurrencies that enjoyed significant gains in the previous week faced declines.Bonk, a memecoin based on the Solana blockchain, saw a decline of nearly 15%, currently trading at $0.00002342. Another Solana-based coin,Dogwifhat, experienced a dip of over 7% in the past seven days, with its price now at $3.12.\nIn the midst of these fluctuations,Ethereum, the second-largest cryptocurrency, faced more significant challenges compared to its counterparts, experiencing a nearly 7% drop over the week to settle at $2,927. The asset's decline can be attributed, in part, to an ongoing high-profile lawsuit by software company Consensys, which alleges that the SEC has been intentionally creating obstacles for participants in the Ethereum ecosystem.", "In what has been a rather uneventful week for the crypto market, most cryptocurrencies experienced a downward trend as Bitcoin and other major coins and tokens struggled to make significant gains. According to CoinMarketCap,Bitcoin (BTC)is currently trading at $61,212, marking a decline of over 4% in the past seven days.\nBitcoin, which witnessed a remarkable surge in value following the historic approval of U.S. exchange-traded funds (ETFs), has been grappling with a lack of upward momentum since its plunge below the 2021 all-time high of $69,044 in early April. The excitement surrounding ETFs has waned, dampening the coin's seemingly unstoppable rise.\nHowever, there are signs of potential improvement as money flowed into Bitcoin-based Traditional Finance (TradFi) products for three consecutive days this week. Nevertheless, experts suggest that it may take some time for Bitcoin to reach its all-time high again, with the ultimate outcome likely based on the actions of the U.S. central bank.\nWhile memecoins continue to capture attention with developers exploring quirky tactics to gain visibility, more established cryptocurrencies that enjoyed significant gains in the previous week faced declines.Bonk, a memecoin based on the Solana blockchain, saw a decline of nearly 15%, currently trading at $0.00002342. Another Solana-based coin,Dogwifhat, experienced a dip of over 7% in the past seven days, with its price now at $3.12.\nIn the midst of these fluctuations,Ethereum, the second-largest cryptocurrency, faced more significant challenges compared to its counterparts, experiencing a nearly 7% drop over the week to settle at $2,927. The asset's decline can be attributed, in part, to an ongoing high-profile lawsuit by software company Consensys, which alleges that the SEC has been intentionally creating obstacles for participants in the Ethereum ecosystem.", "Wells Fargo, one of the prominent banking institutions in the United States, hasrevealedits foray into the world of cryptocurrencies through investments in various Bitcoin exchange-traded funds (ETFs). The disclosure was made in a regulatory filing submitted to the U.S. Securities and Exchange Commission (SEC).\nAccording to the filing, Wells Fargo has purchased shares of Grayscale's GBTC spot Bitcoin ETF, providing the bank with exposure to the digital asset. Additionally, the document indicates that Wells Fargo has invested in ProShares Bitcoin Strategy ETF (BITO), which offers investors exposure to Bitcoin futures contracts, enabling them to speculate on the future price movements of the cryptocurrency.\nHowever, it is important to note that the bank's investments in these crypto-related vehicles are relatively small. The filing reveals that Wells Fargo's holdings in GBTC amount to $141,817, while its investment in ProShares is less than $1,200. Furthermore, the bank has a mere $99 exposure to Bitcoin Depot Inc., a Bitcoin ATM provider.\nThis move by Wells Fargo follows reports from February, which suggested that the bank, along with Merrill, a division of Bank of America, was offering its wealth management clients the opportunity to invest in Bitcoin ETFs through brokerage accounts. Over the years, Wells Fargo has expressed interest in digital assets, and in 2019, it even conducted a pilot program involving its own digital currency.", "Wells Fargo, one of the prominent banking institutions in the United States, hasrevealedits foray into the world of cryptocurrencies through investments in various Bitcoin exchange-traded funds (ETFs). The disclosure was made in a regulatory filing submitted to the U.S. Securities and Exchange Commission (SEC).\nAccording to the filing, Wells Fargo has purchased shares of Grayscale's GBTC spot Bitcoin ETF, providing the bank with exposure to the digital asset. Additionally, the document indicates that Wells Fargo has invested in ProShares Bitcoin Strategy ETF (BITO), which offers investors exposure to Bitcoin futures contracts, enabling them to speculate on the future price movements of the cryptocurrency.\nHowever, it is important to note that the bank's investments in these crypto-related vehicles are relatively small. The filing reveals that Wells Fargo's holdings in GBTC amount to $141,817, while its investment in ProShares is less than $1,200. Furthermore, the bank has a mere $99 exposure to Bitcoin Depot Inc., a Bitcoin ATM provider.\nThis move by Wells Fargo follows reports from February, which suggested that the bank, along with Merrill, a division of Bank of America, was offering its wealth management clients the opportunity to invest in Bitcoin ETFs through brokerage accounts. Over the years, Wells Fargo has expressed interest in digital assets, and in 2019, it even conducted a pilot program involving its own digital currency.", 'Lightning Labs, the developer behindBitcoin\'s Lightning Network, has conducted successful tests of a protocol aimed at enabling stablecoins to be issued on the Bitcoin blockchain. During her speech at the Financial Times Crypto and Digital Assets Summit, Lightning Labs CEO Elizabeth Stark announced that the developer recently executed a test transaction on the Lightning Network using an asset created with the Taproot Assets protocol.\nStark emphasized the objective of having "crypto dollars and stablecoins" on the Bitcoin blockchain, stating that it would address real-world problems and attract more users to the realm of digital assets. She expressed a strong focus on solving practical issues rather than promoting memecoins or gambling-related ventures.\nThe Lightning Labs CEO also highlighted a surge of developer interest in Bitcoin following its halving event. She cited examples of builders working on decentralized finance (DeFi) projects and initiatives like bitVM, which enables the creation of Turing-complete Bitcoin contracts. Stark emphasized the global transactability of Lightning Labs\' technology, aiming to eliminate the concept of cross-border payments. She questioned the need to label transactions as "cross-border" when we don\'t use such terminology for other internet-based activities like emails or text messages.\nReferencing a recent report by the International Monetary Fund (IMF), Stark noted that Bitcoin has become a crucial channel for remittances and evading capital controls in emerging markets. This finding aligns with the experiences of developers and communities working in regions affected by hyperinflation and authoritarian regimes. In such circumstances, Bitcoin serves as an asset and a means of transacting when traditional alternatives are limited.', 'Lightning Labs, the developer behindBitcoin\'s Lightning Network, has conducted successful tests of a protocol aimed at enabling stablecoins to be issued on the Bitcoin blockchain. During her speech at the Financial Times Crypto and Digital Assets Summit, Lightning Labs CEO Elizabeth Stark announced that the developer recently executed a test transaction on the Lightning Network using an asset created with the Taproot Assets protocol.\nStark emphasized the objective of having "crypto dollars and stablecoins" on the Bitcoin blockchain, stating that it would address real-world problems and attract more users to the realm of digital assets. She expressed a strong focus on solving practical issues rather than promoting memecoins or gambling-related ventures.\nThe Lightning Labs CEO also highlighted a surge of developer interest in Bitcoin following its halving event. She cited examples of builders working on decentralized finance (DeFi) projects and initiatives like bitVM, which enables the creation of Turing-complete Bitcoin contracts. Stark emphasized the global transactability of Lightning Labs\' technology, aiming to eliminate the concept of cross-border payments. She questioned the need to label transactions as "cross-border" when we don\'t use such terminology for other internet-based activities like emails or text messages.\nReferencing a recent report by the International Monetary Fund (IMF), Stark noted that Bitcoin has become a crucial channel for remittances **Last 60 Days of Bitcoin's Closing Prices:** [71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-05-13 **Financial & Commodity Data:** - Gold Closing Price: $2336.10 - Crude Oil Closing Price: $79.12 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,239,488,784,375 - Hash Rate: 607599091.8904481 - Transaction Count: 554780.0 - Unique Addresses: 466123.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.57 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Now that the much-anticipatedBitcoin(CRYPTO: BTC)halving is in the books, all eyes are focused on the future price of Bitcoin. And they should be given the past historical track record of halving events leading to massive bull market rallies for Bitcoin. But don't ignore what's happening with theBitcoin miners. The halving has a significant impact on their business models given that it cuts their mining rewards in half. To make up that shortfall, they are going to have to explore new options, and one that everyone is talking about right now isartificial intelligence. So just how big is this AI opportunity for Bitcoin miners? The shift from Bitcoin mining to AI computing might seem like a giant leap, but it's really not. Bitcoin miners already use a tremendous amount of computing power to solve the cryptographic puzzles required to mine Bitcoin. After the halving, they will attempt to shift some of that computing power to higher-margin AI computing. According to billionaire Mark Cuban, these miners really have no other choice. The halving will significantly reduce revenue per block, pushing miners to reconsider their business models as profits shrink. With the cost per Bitcoin effectively increasing -- due to operational expenses remaining constant while rewards drop -- miners might find current operations less viable. These financial pressures could drive miners to explore alternative business opportunities to maintain profitability. And if they fail to adapt, they could go out of business. One way to adapt to the new reality is by making the move to AI computing. Given that industry analysts have been talking about the potential impact of the halving on the Bitcoin mining industry for months now, it is perhaps no surprise that a growing number of smaller Bitcoin miners are already exploring the potential shift to AI. Three companies --Hive Digital Technologies(NASDAQ: HIVE),Hut 8 Corp.(NASDAQ: HUT), andBit Digital Inc.(NASDAQ: BTBT)-- already have AI computing operations up and running. And others, such asTerawulf Inc.(NASDAQ: WULF)andCore Scientific(NASDAQ: CORZ), are planning to add new AI computing capacity. The only problem, of course, is that shifting from Bitcoin computing to AI computing involves more than just pressing a button or flipping a switch. There are some types of older Bitcoin computing equipment that simply can't be repurposed for AI, which requires high-end GPU computing power. Moreover, some types of renewable energy used by Bitcoin miners aren't very suitable for AI computing with strict uptime requirements, so they might be forced to move operations elsewhere. And the barrier to entry is much higher for AI computing than it is for Bitcoin mining, especially when it comes to the overall infrastructure needed to provide high-end computing power to clients. That's why, for now, we're not seeing much of an impact when it comes to Bitcoin miners and AI computing. Hive Digital underwent a much-touted "AI rebrand" last year but still only gets about 3% of its revenue from AI computing right now. In its most recent quarter, Hive Digital reported $30 million in overall revenue, with about $1 million coming from AI-related computing. The key variable moving forward is the price of Bitcoin. According to CoinShares, the break-even production cost for Bitcoin miners post-halving is $53,000 per coin. So if Bitcoin -- currently trading at around $57,000 -- ever drops below that level, then Bitcoin miners might have to abandon Bitcoin entirely and shift everything they've got into AI or other forms of high-performance computing. But if the price of Bitcoin soars over the next year, as many analysts now expect, miners may be able to muddle through this part of the Bitcoin halving cycle without making major changes to their operations. So that's why the price of Bitcoin matters so much. It will fundamentally impact how miners respond to the potential market opportunity in AI. Going forward, I'm adding a number of smaller, under-the-radar Bitcoin mining stocks to my watchlist. These include both Hive Digital Technologies and Hut 8, which appear to be at the forefront of the new AI computing trend. The next time they report earnings, I'll be taking a much closer look at their overall revenue mix as well as any changes they are making to their Bitcoin mining fleets. But for now, I'm not ready to invest in Bitcoin miners at a time when the halving has the potential to lead to an industrywide shakeout. Before you buy stock in Hive Digital Technologies, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Hive Digital Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $525,806!* Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*. See the 10 stocks » *Stock Advisor returns as of April 30, 2024 Dominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy. After the Halving, Could These Under-the-Radar Bitcoin Mining Stocks Have a New Multimillion-Dollar Market Opportunity in Artificial Intelligence?was originally published by The Motley Fool... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
61552.79, 66267.49, 65231.58, 67051.88, 66940.80, 66278.37, 71448.20, 70136.53, 69122.34, 67929.56
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:** ["In what has been a rather uneventful week for the crypto market, most cryptocurrencies experienced a downward trend as Bitcoin and other major coins and tokens struggled to make significant gains. According to CoinMarketCap,Bitcoin (BTC)is currently trading at $61,212, marking a decline of over 4% in the past seven days.\nBitcoin, which witnessed a remarkable surge in value following the historic approval of U.S. exchange-traded funds (ETFs), has been grappling with a lack of upward momentum since its plunge below the 2021 all-time high of $69,044 in early April. The excitement surrounding ETFs has waned, dampening the coin's seemingly unstoppable rise.\nHowever, there are signs of potential improvement as money flowed into Bitcoin-based Traditional Finance (TradFi) products for three consecutive days this week. Nevertheless, experts suggest that it may take some time for Bitcoin to reach its all-time high again, with the ultimate outcome likely based on the actions of the U.S. central bank.\nWhile memecoins continue to capture attention with developers exploring quirky tactics to gain visibility, more established cryptocurrencies that enjoyed significant gains in the previous week faced declines.Bonk, a memecoin based on the Solana blockchain, saw a decline of nearly 15%, currently trading at $0.00002342. Another Solana-based coin,Dogwifhat, experienced a dip of over 7% in the past seven days, with its price now at $3.12.\nIn the midst of these fluctuations,Ethereum, the second-largest cryptocurrency, faced more significant challenges compared to its counterparts, experiencing a nearly 7% drop over the week to settle at $2,927. The asset's decline can be attributed, in part, to an ongoing high-profile lawsuit by software company Consensys, which alleges that the SEC has been intentionally creating obstacles for participants in the Ethereum ecosystem.", "In what has been a rather uneventful week for the crypto market, most cryptocurrencies experienced a downward trend as Bitcoin and other major coins and tokens struggled to make significant gains. According to CoinMarketCap,Bitcoin (BTC)is currently trading at $61,212, marking a decline of over 4% in the past seven days.\nBitcoin, which witnessed a remarkable surge in value following the historic approval of U.S. exchange-traded funds (ETFs), has been grappling with a lack of upward momentum since its plunge below the 2021 all-time high of $69,044 in early April. The excitement surrounding ETFs has waned, dampening the coin's seemingly unstoppable rise.\nHowever, there are signs of potential improvement as money flowed into Bitcoin-based Traditional Finance (TradFi) products for three consecutive days this week. Nevertheless, experts suggest that it may take some time for Bitcoin to reach its all-time high again, with the ultimate outcome likely based on the actions of the U.S. central bank.\nWhile memecoins continue to capture attention with developers exploring quirky tactics to gain visibility, more established cryptocurrencies that enjoyed significant gains in the previous week faced declines.Bonk, a memecoin based on the Solana blockchain, saw a decline of nearly 15%, currently trading at $0.00002342. Another Solana-based coin,Dogwifhat, experienced a dip of over 7% in the past seven days, with its price now at $3.12.\nIn the midst of these fluctuations,Ethereum, the second-largest cryptocurrency, faced more significant challenges compared to its counterparts, experiencing a nearly 7% drop over the week to settle at $2,927. The asset's decline can be attributed, in part, to an ongoing high-profile lawsuit by software company Consensys, which alleges that the SEC has been intentionally creating obstacles for participants in the Ethereum ecosystem.", "Wells Fargo, one of the prominent banking institutions in the United States, hasrevealedits foray into the world of cryptocurrencies through investments in various Bitcoin exchange-traded funds (ETFs). The disclosure was made in a regulatory filing submitted to the U.S. Securities and Exchange Commission (SEC).\nAccording to the filing, Wells Fargo has purchased shares of Grayscale's GBTC spot Bitcoin ETF, providing the bank with exposure to the digital asset. Additionally, the document indicates that Wells Fargo has invested in ProShares Bitcoin Strategy ETF (BITO), which offers investors exposure to Bitcoin futures contracts, enabling them to speculate on the future price movements of the cryptocurrency.\nHowever, it is important to note that the bank's investments in these crypto-related vehicles are relatively small. The filing reveals that Wells Fargo's holdings in GBTC amount to $141,817, while its investment in ProShares is less than $1,200. Furthermore, the bank has a mere $99 exposure to Bitcoin Depot Inc., a Bitcoin ATM provider.\nThis move by Wells Fargo follows reports from February, which suggested that the bank, along with Merrill, a division of Bank of America, was offering its wealth management clients the opportunity to invest in Bitcoin ETFs through brokerage accounts. Over the years, Wells Fargo has expressed interest in digital assets, and in 2019, it even conducted a pilot program involving its own digital currency.", "Wells Fargo, one of the prominent banking institutions in the United States, hasrevealedits foray into the world of cryptocurrencies through investments in various Bitcoin exchange-traded funds (ETFs). The disclosure was made in a regulatory filing submitted to the U.S. Securities and Exchange Commission (SEC).\nAccording to the filing, Wells Fargo has purchased shares of Grayscale's GBTC spot Bitcoin ETF, providing the bank with exposure to the digital asset. Additionally, the document indicates that Wells Fargo has invested in ProShares Bitcoin Strategy ETF (BITO), which offers investors exposure to Bitcoin futures contracts, enabling them to speculate on the future price movements of the cryptocurrency.\nHowever, it is important to note that the bank's investments in these crypto-related vehicles are relatively small. The filing reveals that Wells Fargo's holdings in GBTC amount to $141,817, while its investment in ProShares is less than $1,200. Furthermore, the bank has a mere $99 exposure to Bitcoin Depot Inc., a Bitcoin ATM provider.\nThis move by Wells Fargo follows reports from February, which suggested that the bank, along with Merrill, a division of Bank of America, was offering its wealth management clients the opportunity to invest in Bitcoin ETFs through brokerage accounts. Over the years, Wells Fargo has expressed interest in digital assets, and in 2019, it even conducted a pilot program involving its own digital currency.", 'Lightning Labs, the developer behindBitcoin\'s Lightning Network, has conducted successful tests of a protocol aimed at enabling stablecoins to be issued on the Bitcoin blockchain. During her speech at the Financial Times Crypto and Digital Assets Summit, Lightning Labs CEO Elizabeth Stark announced that the developer recently executed a test transaction on the Lightning Network using an asset created with the Taproot Assets protocol.\nStark emphasized the objective of having "crypto dollars and stablecoins" on the Bitcoin blockchain, stating that it would address real-world problems and attract more users to the realm of digital assets. She expressed a strong focus on solving practical issues rather than promoting memecoins or gambling-related ventures.\nThe Lightning Labs CEO also highlighted a surge of developer interest in Bitcoin following its halving event. She cited examples of builders working on decentralized finance (DeFi) projects and initiatives like bitVM, which enables the creation of Turing-complete Bitcoin contracts. Stark emphasized the global transactability of Lightning Labs\' technology, aiming to eliminate the concept of cross-border payments. She questioned the need to label transactions as "cross-border" when we don\'t use such terminology for other internet-based activities like emails or text messages.\nReferencing a recent report by the International Monetary Fund (IMF), Stark noted that Bitcoin has become a crucial channel for remittances and evading capital controls in emerging markets. This finding aligns with the experiences of developers and communities working in regions affected by hyperinflation and authoritarian regimes. In such circumstances, Bitcoin serves as an asset and a means of transacting when traditional alternatives are limited.', 'Lightning Labs, the developer behindBitcoin\'s Lightning Network, has conducted successful tests of a protocol aimed at enabling stablecoins to be issued on the Bitcoin blockchain. During her speech at the Financial Times Crypto and Digital Assets Summit, Lightning Labs CEO Elizabeth Stark announced that the developer recently executed a test transaction on the Lightning Network using an asset created with the Taproot Assets protocol.\nStark emphasized the objective of having "crypto dollars and stablecoins" on the Bitcoin blockchain, stating that it would address real-world problems and attract more users to the realm of digital assets. She expressed a strong focus on solving practical issues rather than promoting memecoins or gambling-related ventures.\nThe Lightning Labs CEO also highlighted a surge of developer interest in Bitcoin following its halving event. She cited examples of builders working on decentralized finance (DeFi) projects and initiatives like bitVM, which enables the creation of Turing-complete Bitcoin contracts. Stark emphasized the global transactability of Lightning Labs\' technology, aiming to eliminate the concept of cross-border payments. She questioned the need to label transactions as "cross-border" when we don\'t use such terminology for other internet-based activities like emails or text messages.\nReferencing a recent report by the International Monetary Fund (IMF), Stark noted that Bitcoin has become a crucial channel for remittances **Last 60 Days of Bitcoin's Closing Prices:** [71396.59, 69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-05-13 **Financial & Commodity Data:** - Gold Closing Price: $2336.10 - Crude Oil Closing Price: $79.12 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,239,488,784,375 - Hash Rate: 607599091.8904481 - Transaction Count: 554780.0 - Unique Addresses: 466123.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.57 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Now that the much-anticipatedBitcoin(CRYPTO: BTC)halving is in the books, all eyes are focused on the future price of Bitcoin. And they should be given the past historical track record of halving events leading to massive bull market rallies for Bitcoin. But don't ignore what's happening with theBitcoin miners. The halving has a significant impact on their business models given that it cuts their mining rewards in half. To make up that shortfall, they are going to have to explore new options, and one that everyone is talking about right now isartificial intelligence. So just how big is this AI opportunity for Bitcoin miners? The shift from Bitcoin mining to AI computing might seem like a giant leap, but it's really not. Bitcoin miners already use a tremendous amount of computing power to solve the cryptographic puzzles required to mine Bitcoin. After the halving, they will attempt to shift some of that computing power to higher-margin AI computing. According to billionaire Mark Cuban, these miners really have no other choice. The halving will significantly reduce revenue per block, pushing miners to reconsider their business models as profits shrink. With the cost per Bitcoin effectively increasing -- due to operational expenses remaining constant while rewards drop -- miners might find current operations less viable. These financial pressures could drive miners to explore alternative business opportunities to maintain profitability. And if they fail to adapt, they could go out of business. One way to adapt to the new reality is by making the move to AI computing. Given that industry analysts have been talking about the potential impact of the halving on the Bitcoin mining industry for months now, it is perhaps no surprise that a growing number of smaller Bitcoin miners are already exploring the potential shift to AI. Three companies --Hive Digital Technologies(NASDAQ: HIVE),Hut 8 Corp.(NASDAQ: HUT), andBit Digital Inc.(NASDAQ: BTBT)-- already have AI computing operations up and running. And others, such asTerawulf Inc.(NASDAQ: WULF)andCore Scientific(NASDAQ: CORZ), are planning to add new AI computing capacity. The only problem, of course, is that shifting from Bitcoin computing to AI computing involves more than just pressing a button or flipping a switch. There are some types of older Bitcoin computing equipment that simply can't be repurposed for AI, which requires high-end GPU computing power. Moreover, some types of renewable energy used by Bitcoin miners aren't very suitable for AI computing with strict uptime requirements, so they might be forced to move operations elsewhere. And the barrier to entry is much higher for AI computing than it is for Bitcoin mining, especially when it comes to the overall infrastructure needed to provide high-end computing power to clients. That's why, for now, we're not seeing much of an impact when it comes to Bitcoin miners and AI computing. Hive Digital underwent a much-touted "AI rebrand" last year but still only gets about 3% of its revenue from AI computing right now. In its most recent quarter, Hive Digital reported $30 million in overall revenue, with about $1 million coming from AI-related computing. The key variable moving forward is the price of Bitcoin. According to CoinShares, the break-even production cost for Bitcoin miners post-halving is $53,000 per coin. So if Bitcoin -- currently trading at around $57,000 -- ever drops below that level, then Bitcoin miners might have to abandon Bitcoin entirely and shift everything they've got into AI or other forms of high-performance computing. But if the price of Bitcoin soars over the next year, as many analysts now expect, miners may be able to muddle through this part of the Bitcoin halving cycle without making major changes to their operations. So that's why the price of Bitcoin matters so much. It will fundamentally impact how miners respond to the potential market opportunity in AI. Going forward, I'm adding a number of smaller, under-the-radar Bitcoin mining stocks to my watchlist. These include both Hive Digital Technologies and Hut 8, which appear to be at the forefront of the new AI computing trend. The next time they report earnings, I'll be taking a much closer look at their overall revenue mix as well as any changes they are making to their Bitcoin mining fleets. But for now, I'm not ready to invest in Bitcoin miners at a time when the halving has the potential to lead to an industrywide shakeout. Before you buy stock in Hive Digital Technologies, consider this: TheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Hive Digital Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $525,806!* Stock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*. See the 10 stocks » *Stock Advisor returns as of April 30, 2024 Dominic Basultohas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy. After the Halving, Could These Under-the-Radar Bitcoin Mining Stocks Have a New Multimillion-Dollar Market Opportunity in Artificial Intelligence?was originally published by The Motley Fool... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 61552.79, 66267.49, 65231.58, 67051.88, 66940.80, 66278.37, 71448.20, 70136.53, 69122.34, 67929.56 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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 were mixed on Monday, with the Nasdaq higher while the Dow ended its 8-day win streak.\n• Investors are bracing for the release of two inflation data points this week: PPI and CPI.\n• The inflation data will help inform investors when the Fed might cut interest rates.\nUS stocks were mixed on Monday, with theNasdaq 100higher while the Dow declined slightly, ending its 8-day win streak.\nNot evena short-squeeze in meme stockscould help propel theDow Jones Industrial Averageto a ninth straight day of gains.\nThe mixed trading occurred on a rather busy day for markets, with shares ofGameStopandAMC Entertainmentroaring back with intra-day gains of more than 100% after Keith Gill returned to social media.\nMeanwhile, investorsare bracing for a busy week of economic updates,with a slew of economic data points set to be released in the coming days.\nOn the inflation front, the producer price index and the consumer price index will be released on Tuesday and Wednesday, respectively. The inflation data will help investors determine when the Federal Reserve might cut interest rates.\nInvestors expect Core PPI to rise 0.2% in April, compared to the 0.2% gains in March. And for Core CPI, investors expect the index to rise 0.3% in April, compared to the 0.4% gain in March.\nFed Chairman Jerome Powell will speak on Tuesday, and April retail sales data will be released Wednesday, both of which could move markets.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500:5,221.42, down 0.02%\n• Dow Jones Industrial Average:39,431.51 down 0.21% (-81.33 points)\n• Nasdaq composite:16,388.24, up 0.29%\nHere\'s what else is going on today:\n• From a 65% stock market crash to an imminent recession,here\'s a roundup of all the bearish forecasts on Wall Street.\n• It\'s not just Wall Street pros that expect a stock market crash.Meet the retail doomsayers waiting for the economy to crumble.\n• The return of Roaring Kitty on social media has led to GameStop stock soaring more than 50%in Monday morning trades.\n• A flood of crypto meme tokens hit the market after Keith Gill\'s return to social media,with some printing 1,000%+ gains.\n• Tesla stock will plunge 70% after its robotaxi and AI ambitions fall flat,according to "Big Short" investor Danny Moses.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped 1.20% to $79.20 a barrel.Brent crude, the international benchmark, rose 0.81% to $83.46 a barrel.\n• Goldedged lower by 1.32% to $2,343.70 per ounce.\n• The 10-year Treasury yield fell 1 basis points to 4.49%.\n• Bitcoinjumped 2.66% to $63,092.\nRead the original article onBusiness Insider', "Bitcoin (BTC)gained 2.80% over the past 24 hours, touching $63,098, ahead of the release of United States macroeconomic data this week. Remarks from Federal Reserve chair Jerome Powell could create a volatile mix for risk assets, with significant implications for Bitcoin and crypto markets.\nIn addition to these market dynamics, all eyes are on the macroeconomic developments in the United States this week. The upcoming CPI release on May 15 will shed light on the inflation debate and the possibility of interest rate cuts. Furthermore, Federal Reserve Chair Jerome Powell's remarks on the economy will be closely scrutinized for any hints regarding future policy moves.\nBitcoin's ability to hold above the $60,000 zone is seen as crucial for the short-term outlook. Analysts are cautious about losing this level, warning of a potential revisit to previous lows. Conversely, if BTC can hold above $60,000, it could pave the way for further gains towards $64,000 to $67,000.\nMeanwhile, long-term holders (LTHs) of Bitcoin are increasing their exposure to the cryptocurrency, mirroring the behavior observed during the 2021 bull market. On-chain data shows that LTH entities are accumulating coins at current low prices, intending to reintroduce them to the market during periods of hype. This trend suggests a cyclical pattern where long-term holders buy during bear markets and sell during bull markets, contributing to a growing share of Bitcoin being held by these entities.", "Bitcoin (BTC)gained 2.80% over the past 24 hours, touching $63,098, ahead of the release of United States macroeconomic data this week. Remarks from Federal Reserve chair Jerome Powell could create a volatile mix for risk assets, with significant implications for Bitcoin and crypto markets.\nIn addition to these market dynamics, all eyes are on the macroeconomic developments in the United States this week. The upcoming CPI release on May 15 will shed light on the inflation debate and the possibility of interest rate cuts. Furthermore, Federal Reserve Chair Jerome Powell's remarks on the economy will be closely scrutinized for any hints regarding future policy moves.\nBitcoin's ability to hold above the $60,000 zone is seen as crucial for the short-term outlook. Analysts are cautious about losing this level, warning of a potential revisit to previous lows. Conversely, if BTC can hold above $60,000, it could pave the way for further gains towards $64,000 to $67,000.\nMeanwhile, long-term holders (LTHs) of Bitcoin are increasing their exposure to the cryptocurrency, mirroring the behavior observed during the 2021 bull market. On-chain data shows that LTH entities are accumulating coins at current low prices, intending to reintroduce them to the market during periods of hype. This trend suggests a cyclical pattern where long-term holders buy during bear markets and sell during bull markets, contributing to a growing share of Bitcoin being held by these entities.", "El Salvador hasintroduceda proof-of-reserves website that offers tools for monitoring the country'sBitcoinholdings using on-chain data. The online Bitcoin treasury provides real-time information about El Salvador's BTC reserves. The nation currently holds 5,748 BTC, valued at approximately $360 million, with Bitcoin trading around $63,000.\nOver the past week, El Salvador purchased seven BTC worth over $438,000, and in the last 30 days, it added a total of 31 BTC worth $1.94 million, according to the website. These acquisitions align with El Salvador's objective of adding one Bitcoin to its treasury daily.\nEl Salvador made history in September 2021 when it became the first country to adopt Bitcoin as legal tender. The government's decision aimed to promote financial inclusion, facilitate more efficient remittance payments, and attract financial innovation. President Nayib Bukele faced criticism after Bitcoin's price dropped from its previous all-time high of $69,000 in November 2021 following the FTX exchange collapse. El Salvador's Bitcoin holdings suffered significant losses, with Bitcoin plummeting to as low as $16,000 during the bear market.\nHowever, El Salvador's Bitcoin holdings now have an unrealized profit of over $57.4 million. The country has been dollar-cost-averaging into Bitcoin since 2021, with an average buying price of $43,097 per BTC. With BTC trading above $62,000, the nation's Bitcoin investment has proven to be lucrative.", "El Salvador hasintroduceda proof-of-reserves website that offers tools for monitoring the country'sBitcoinholdings using on-chain data. The online Bitcoin treasury provides real-time information about El Salvador's BTC reserves. The nation currently holds 5,748 BTC, valued at approximately $360 million, with Bitcoin trading around $63,000.\nOver the past week, El Salvador purchased seven BTC worth over $438,000, and in the last 30 days, it added a total of 31 BTC worth $1.94 million, according to the website. These acquisitions align with El Salvador's objective of adding one Bitcoin to its treasury daily.\nEl Salvador made history in September 2021 when it became the first country to adopt Bitcoin as legal tender. The government's decision aimed to promote financial inclusion, facilitate more efficient remittance payments, and attract financial innovation. President Nayib Bukele faced criticism after Bitcoin's price dropped from its previous all-time high of $69,000 in November 2021 following the FTX exchange collapse. El Salvador's Bitcoin holdings suffered significant losses, with Bitcoin plummeting to as low as $16,000 during the bear market.\nHowever, El Salvador's Bitcoin holdings now have an unrealized profit of over $57.4 million. The country has been dollar-cost-averaging into Bitcoin since 2021, with an average buying price of $43,097 per BTC. With BTC trading above $62,000, the nation's Bitcoin investment has proven to be lucrative.", "SpotBitcoinETFs in the United States experienced a turnaround as net inflows of $116.8 million were recorded last week, following four consecutive weeks of outflows exceeding $1 billion. Fidelity's FBTC dominated last week's net inflows, attracting $111.3 million, followed by Ark Invest's ARKB, which generated $82.8 million. BlackRock's spot Bitcoin ETF, IBIT, experienced a slowdown in recent weeks, seeing its first net daily outflows on May 1. Nevertheless, IBIT secured $48.1 million in net inflows, ranking third for the week.\nGrayscale's Bitcoin Trust was the only spot ETF to witness net outflows, with $171.1 million exiting the fund. Interestingly, Grayscale's trust broke its streak of outflows with $63 million of net inflows on May 3, followed by an additional $3.9 million on Monday.\nThe overall flow of funds into spot Bitcoin ETFs has significantly decreased since peaking on March 12 at a net daily inflow of $1.05 billion. Following the peak, Bitcoin's price experienced a 23% decline from its all-time high of $73,836 on March 14, hitting $56,900 on May 1 before recovering. Presently, Bitcoin is trading around $62,800, gaining almost 2.80% over the past 24 hours.\nDespite the reversal in flows, trading volume for U.S. spot Bitcoin ETFs declined to $7.4 billion last week, compared to the previous week's $11 billion. Similarly, the global crypto exchange-traded product market s **Last 60 Days of Bitcoin's Closing Prices:** [69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-05-14 **Financial & Commodity Data:** - Gold Closing Price: $2353.40 - Crude Oil Closing Price: $78.02 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,217,962,882,194 - Hash Rate: 562132493.1775575 - Transaction Count: 422043.0 - Unique Addresses: 458041.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.66 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Global Payments Market Dublin, April 18, 2024 (GLOBE NEWSWIRE) -- The"Payments Market - Global Industry Size, Share, Trends, Opportunity, & Forecast 2019-2029"report has been added toResearchAndMarkets.com'soffering. The Global Payments Market was valued at USD 2.64 Trillion in 2023 and is anticipated to grow during the forecast period with a CAGR of 10.5% through 2029, reaching USD 4.78 Trillion. Digital payments are quickly replacing cash in the global payment system. Cashless transactions have become more common and are fostering the growth of digital economies by providing payment infrastructure. Around the world, contactless payments are starting to take over as the preferred mode of payment in many nations. The world of payments is evolving because to contactless payment technologies at the point of sale (POS) such as facial recognition, QR codes, and near-field communication (NFCs). Furthermore, factors such as government financial inclusion initiatives that continue to encourage people to open bank accounts for the first time in developing countries and growing smartphone and internet penetration are further driving the growth of the global payments market. Innovation in payment technology is ongoing across the world. Real-time payments are common in many geographies, including India and China. Furthermore, because these methods are so convenient, digital and mobile payment apps are expanding quickly in many nations. The popularity of digital payment software solutions like QR codes, Apple Pay, and Google Pay is still rising. The rise in global e-commerce is another factor contributing to the growth of digital payments. Although there are advantages to digital payment systems, there are also privacy and security dangers that could hurt customers, businesses, markets, and countries while impeding economic progress. Payment systems need to be completely reinvented with unbreakable encryption, open standards, and privacy protection in mind. Strong market regulation and data privacy laws are also essential. Key Market Drivers Digital Transformation and Technology Adoption • Shift in Payments Landscape: Adoption of digital technologies transforming consumer behavior and business operations. • Technological Catalysts: Role of smartphones, internet, and advanced payment technologies in facilitating transition to electronic payments. • Emerging Technologies: Impact of mobile wallets, contactless payments, blockchain, AI, and machine learning on the payments market. Globalization and Cross-Border Transactions • Demand for Seamless Transactions: Increasing need for efficient and cost-effective cross-border payment solutions. • Innovative Fintech Solutions: Role of fintech in overcoming challenges associated with international transactions. • Regulatory Initiatives: Push for standardization and regulatory initiatives fostering interoperability between payment systems. Regulatory Initiatives and Compliance • Highly Regulated Environment: Influence of regulations on data protection, privacy, and payment technology development. • Key Regulations: Overview of PSD2 in Europe and the Dodd-Frank Act in the United States. • Compliance Measures: Importance of adherence to regulatory requirements for stability and security in the payments market. Changing Consumer Preferences and Behaviors • Shift Towards Digital Payments: Influence of convenience and speed on consumer preference for digital and mobile payment options. • Generational Trends: Preferences of Millennials and Generation Z for digital and contactless payments. • Financial Inclusion: Role of mobile technology in driving financial accessibility and economic growth. E-commerce and the Rise of Online Transactions • Impact of E-commerce: Influence of online shopping on the adoption of electronic payment methods. • Integration of Payment Solutions: Role of payment gateways, digital wallets, and online banking in the e-commerce ecosystem. • Acceleration by COVID-19: Increased demand for online transactions due to safety concerns during the pandemic. Key Market Challenges Security Concerns and Cyber Threats • Constant Threat: Challenge of security breaches and cyber-attacks in digital payment systems. • Security Measures: Implementation of robust cybersecurity measures, encryption protocols, and real-time fraud detection systems. • Regulatory Compliance: Need for compliance with standards like PCI DSS to address evolving security threats. Regulatory Complexity and Compliance Burden • Highly Regulated Environment: Challenge of navigating complex regulatory landscape across regions. • Compliance Challenges: Implications of regulatory requirements on resources and time for payment service providers. • Global Standards: Importance of striking a balance between innovation and compliance in the payments industry. Fraud and Financial Crime • Persistent Challenge: Battle against identity theft, credit card fraud, and money laundering in payment systems. • Fraud Prevention Measures: Utilization of AI, machine learning, and biometric authentication for fraud detection. • Collaborative Efforts: Importance of industry-wide collaboration and standardized protocols for combating financial crime. Interoperability and Fragmentation • Challenge of Interoperability: Fragmentation due to myriad payment methods and proprietary systems. • Efficiency Concerns: Incompatibility leading to inefficiencies and increased costs, especially in cross-border transactions. • Need for Collaboration: Importance of collaborative initiatives and industry-wide standards for achieving universal interoperability. Key Market Trends Contactless Payments and Digital Wallets • Widespread Adoption: Growing preference for contactless payments and digital wallets due to convenience and enhanced security. • Acceleration by COVID-19: Increased adoption driven by hygiene concerns during the pandemic. • Role in Cashless Society: Contribution to the shift towards a cashless society with seamless transaction experiences. Open Banking and API Integration • Transformative Potential: Impact of open banking on collaboration and competition among financial institutions. • API Integration: Facilitation of seamless communication and data exchange for enhanced customer experiences. • Encouragement of Innovation: Role of open banking in fostering competition and providing consumers with more choices in financial services. Cryptocurrency and Blockchain Technology • Emergence of Cryptocurrencies: Role of cryptocurrencies like Bitcoin in providing alternative payment methods. • Blockchain Technology: Potential for enhancing security, transparency, and efficiency in traditional payment systems. • Growing Acceptance: Increasing adoption by major companies and potential for mainstream acceptance in commerce. Biometric Authentication and Strong Security Measures • Enhanced Security: Growing adoption of biometric authentication methods for secure digital transactions. • Role of Tokenization: Use of tokenization to bolster security by replacing sensitive payment information with unique tokens. • Importance of Trust: Emphasis on strong security measures to build and maintain consumer trust in digital payments. Segmental Insights End User Insights • Retail Industry: Shift towards digital services and seamless experiences to meet consumer demands. • Omni-channel Presence: Importance of combining online and brick-and-mortar presence for competitive edge. • Consumer Preference: Adoption of tablets and smartphones for online shopping driving retail industry trends. Regional Insights • North America: Dominance in the payments market driven by robust financial infrastructure and early adoption of technology. • Asia-Pacific: Emerging as the fastest-growing payments market region due to government initiatives, digitization, and fintech activity. • Key Players: Role of companies like UnionPay and AliPay in driving payment services growth in the Asia Pacific region. Key Attributes: [{"Report Attribute": "No. of Pages", "Details": "185"}, {"Report Attribute": "Forecast Period", "Details": "2023 - 2029"}, {"Report Attribute": "Estimated Market Value (USD) in 2023", "Details": "$2.64 Trillion"}, {"Report Attribute": "Forecasted Market Value (USD) by 2029", "Details": "$4.78 Trillion"}, {"Report Attribute": "Compound Annual Growth Rate", "Details": "10.5%"}, {"Report Attribute": "Regions Covered", "Details": "Global"}] Competitive Landscape • Mastercard Inc. • Visa Inc. • PayPal Holdings, Inc. • AliPay (Alibaba Group) • UnionPay International • Stripe • Adyen • WeChat Pay • Worldpay • Klarna Scope of the Report Payments Market, By End User: • Retail • Entertainment • Healthcare • Hospitality • Others Payments Market, By Mode of Payment: • Point of Sale (Card Payments, Digital Wallet, Cash) • Online Sale (Card Payments, Digital Wallet) Payments Market, By Region: • North America • United States • Canada • Mexico • Europe • France • United Kingdom • Italy • Germany • Spain • Asia-Pacific • China • India • Japan • Australia • South Korea • South America • Brazil • Argentina • Colombia • Middle East & Africa • South Africa • Saudi Arabia • UAE • Turkey • Egypt For more information about this report visithttps://www.researchandmarkets.com/r/61666l About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment • Global Payments Market CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
66267.49, 65231.58, 67051.88, 66940.80, 66278.37, 71448.20, 70136.53, 69122.34, 67929.56, 68526.10
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:** ['• US stocks were mixed on Monday, with the Nasdaq higher while the Dow ended its 8-day win streak.\n• Investors are bracing for the release of two inflation data points this week: PPI and CPI.\n• The inflation data will help inform investors when the Fed might cut interest rates.\nUS stocks were mixed on Monday, with theNasdaq 100higher while the Dow declined slightly, ending its 8-day win streak.\nNot evena short-squeeze in meme stockscould help propel theDow Jones Industrial Averageto a ninth straight day of gains.\nThe mixed trading occurred on a rather busy day for markets, with shares ofGameStopandAMC Entertainmentroaring back with intra-day gains of more than 100% after Keith Gill returned to social media.\nMeanwhile, investorsare bracing for a busy week of economic updates,with a slew of economic data points set to be released in the coming days.\nOn the inflation front, the producer price index and the consumer price index will be released on Tuesday and Wednesday, respectively. The inflation data will help investors determine when the Federal Reserve might cut interest rates.\nInvestors expect Core PPI to rise 0.2% in April, compared to the 0.2% gains in March. And for Core CPI, investors expect the index to rise 0.3% in April, compared to the 0.4% gain in March.\nFed Chairman Jerome Powell will speak on Tuesday, and April retail sales data will be released Wednesday, both of which could move markets.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Monday:\n• S&P 500:5,221.42, down 0.02%\n• Dow Jones Industrial Average:39,431.51 down 0.21% (-81.33 points)\n• Nasdaq composite:16,388.24, up 0.29%\nHere\'s what else is going on today:\n• From a 65% stock market crash to an imminent recession,here\'s a roundup of all the bearish forecasts on Wall Street.\n• It\'s not just Wall Street pros that expect a stock market crash.Meet the retail doomsayers waiting for the economy to crumble.\n• The return of Roaring Kitty on social media has led to GameStop stock soaring more than 50%in Monday morning trades.\n• A flood of crypto meme tokens hit the market after Keith Gill\'s return to social media,with some printing 1,000%+ gains.\n• Tesla stock will plunge 70% after its robotaxi and AI ambitions fall flat,according to "Big Short" investor Danny Moses.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped 1.20% to $79.20 a barrel.Brent crude, the international benchmark, rose 0.81% to $83.46 a barrel.\n• Goldedged lower by 1.32% to $2,343.70 per ounce.\n• The 10-year Treasury yield fell 1 basis points to 4.49%.\n• Bitcoinjumped 2.66% to $63,092.\nRead the original article onBusiness Insider', "Bitcoin (BTC)gained 2.80% over the past 24 hours, touching $63,098, ahead of the release of United States macroeconomic data this week. Remarks from Federal Reserve chair Jerome Powell could create a volatile mix for risk assets, with significant implications for Bitcoin and crypto markets.\nIn addition to these market dynamics, all eyes are on the macroeconomic developments in the United States this week. The upcoming CPI release on May 15 will shed light on the inflation debate and the possibility of interest rate cuts. Furthermore, Federal Reserve Chair Jerome Powell's remarks on the economy will be closely scrutinized for any hints regarding future policy moves.\nBitcoin's ability to hold above the $60,000 zone is seen as crucial for the short-term outlook. Analysts are cautious about losing this level, warning of a potential revisit to previous lows. Conversely, if BTC can hold above $60,000, it could pave the way for further gains towards $64,000 to $67,000.\nMeanwhile, long-term holders (LTHs) of Bitcoin are increasing their exposure to the cryptocurrency, mirroring the behavior observed during the 2021 bull market. On-chain data shows that LTH entities are accumulating coins at current low prices, intending to reintroduce them to the market during periods of hype. This trend suggests a cyclical pattern where long-term holders buy during bear markets and sell during bull markets, contributing to a growing share of Bitcoin being held by these entities.", "Bitcoin (BTC)gained 2.80% over the past 24 hours, touching $63,098, ahead of the release of United States macroeconomic data this week. Remarks from Federal Reserve chair Jerome Powell could create a volatile mix for risk assets, with significant implications for Bitcoin and crypto markets.\nIn addition to these market dynamics, all eyes are on the macroeconomic developments in the United States this week. The upcoming CPI release on May 15 will shed light on the inflation debate and the possibility of interest rate cuts. Furthermore, Federal Reserve Chair Jerome Powell's remarks on the economy will be closely scrutinized for any hints regarding future policy moves.\nBitcoin's ability to hold above the $60,000 zone is seen as crucial for the short-term outlook. Analysts are cautious about losing this level, warning of a potential revisit to previous lows. Conversely, if BTC can hold above $60,000, it could pave the way for further gains towards $64,000 to $67,000.\nMeanwhile, long-term holders (LTHs) of Bitcoin are increasing their exposure to the cryptocurrency, mirroring the behavior observed during the 2021 bull market. On-chain data shows that LTH entities are accumulating coins at current low prices, intending to reintroduce them to the market during periods of hype. This trend suggests a cyclical pattern where long-term holders buy during bear markets and sell during bull markets, contributing to a growing share of Bitcoin being held by these entities.", "El Salvador hasintroduceda proof-of-reserves website that offers tools for monitoring the country'sBitcoinholdings using on-chain data. The online Bitcoin treasury provides real-time information about El Salvador's BTC reserves. The nation currently holds 5,748 BTC, valued at approximately $360 million, with Bitcoin trading around $63,000.\nOver the past week, El Salvador purchased seven BTC worth over $438,000, and in the last 30 days, it added a total of 31 BTC worth $1.94 million, according to the website. These acquisitions align with El Salvador's objective of adding one Bitcoin to its treasury daily.\nEl Salvador made history in September 2021 when it became the first country to adopt Bitcoin as legal tender. The government's decision aimed to promote financial inclusion, facilitate more efficient remittance payments, and attract financial innovation. President Nayib Bukele faced criticism after Bitcoin's price dropped from its previous all-time high of $69,000 in November 2021 following the FTX exchange collapse. El Salvador's Bitcoin holdings suffered significant losses, with Bitcoin plummeting to as low as $16,000 during the bear market.\nHowever, El Salvador's Bitcoin holdings now have an unrealized profit of over $57.4 million. The country has been dollar-cost-averaging into Bitcoin since 2021, with an average buying price of $43,097 per BTC. With BTC trading above $62,000, the nation's Bitcoin investment has proven to be lucrative.", "El Salvador hasintroduceda proof-of-reserves website that offers tools for monitoring the country'sBitcoinholdings using on-chain data. The online Bitcoin treasury provides real-time information about El Salvador's BTC reserves. The nation currently holds 5,748 BTC, valued at approximately $360 million, with Bitcoin trading around $63,000.\nOver the past week, El Salvador purchased seven BTC worth over $438,000, and in the last 30 days, it added a total of 31 BTC worth $1.94 million, according to the website. These acquisitions align with El Salvador's objective of adding one Bitcoin to its treasury daily.\nEl Salvador made history in September 2021 when it became the first country to adopt Bitcoin as legal tender. The government's decision aimed to promote financial inclusion, facilitate more efficient remittance payments, and attract financial innovation. President Nayib Bukele faced criticism after Bitcoin's price dropped from its previous all-time high of $69,000 in November 2021 following the FTX exchange collapse. El Salvador's Bitcoin holdings suffered significant losses, with Bitcoin plummeting to as low as $16,000 during the bear market.\nHowever, El Salvador's Bitcoin holdings now have an unrealized profit of over $57.4 million. The country has been dollar-cost-averaging into Bitcoin since 2021, with an average buying price of $43,097 per BTC. With BTC trading above $62,000, the nation's Bitcoin investment has proven to be lucrative.", "SpotBitcoinETFs in the United States experienced a turnaround as net inflows of $116.8 million were recorded last week, following four consecutive weeks of outflows exceeding $1 billion. Fidelity's FBTC dominated last week's net inflows, attracting $111.3 million, followed by Ark Invest's ARKB, which generated $82.8 million. BlackRock's spot Bitcoin ETF, IBIT, experienced a slowdown in recent weeks, seeing its first net daily outflows on May 1. Nevertheless, IBIT secured $48.1 million in net inflows, ranking third for the week.\nGrayscale's Bitcoin Trust was the only spot ETF to witness net outflows, with $171.1 million exiting the fund. Interestingly, Grayscale's trust broke its streak of outflows with $63 million of net inflows on May 3, followed by an additional $3.9 million on Monday.\nThe overall flow of funds into spot Bitcoin ETFs has significantly decreased since peaking on March 12 at a net daily inflow of $1.05 billion. Following the peak, Bitcoin's price experienced a 23% decline from its all-time high of $73,836 on March 14, hitting $56,900 on May 1 before recovering. Presently, Bitcoin is trading around $62,800, gaining almost 2.80% over the past 24 hours.\nDespite the reversal in flows, trading volume for U.S. spot Bitcoin ETFs declined to $7.4 billion last week, compared to the previous week's $11 billion. Similarly, the global crypto exchange-traded product market s **Last 60 Days of Bitcoin's Closing Prices:** [69403.77, 65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-05-14 **Financial & Commodity Data:** - Gold Closing Price: $2353.40 - Crude Oil Closing Price: $78.02 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,217,962,882,194 - Hash Rate: 562132493.1775575 - Transaction Count: 422043.0 - Unique Addresses: 458041.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.66 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Global Payments Market Dublin, April 18, 2024 (GLOBE NEWSWIRE) -- The"Payments Market - Global Industry Size, Share, Trends, Opportunity, & Forecast 2019-2029"report has been added toResearchAndMarkets.com'soffering. The Global Payments Market was valued at USD 2.64 Trillion in 2023 and is anticipated to grow during the forecast period with a CAGR of 10.5% through 2029, reaching USD 4.78 Trillion. Digital payments are quickly replacing cash in the global payment system. Cashless transactions have become more common and are fostering the growth of digital economies by providing payment infrastructure. Around the world, contactless payments are starting to take over as the preferred mode of payment in many nations. The world of payments is evolving because to contactless payment technologies at the point of sale (POS) such as facial recognition, QR codes, and near-field communication (NFCs). Furthermore, factors such as government financial inclusion initiatives that continue to encourage people to open bank accounts for the first time in developing countries and growing smartphone and internet penetration are further driving the growth of the global payments market. Innovation in payment technology is ongoing across the world. Real-time payments are common in many geographies, including India and China. Furthermore, because these methods are so convenient, digital and mobile payment apps are expanding quickly in many nations. The popularity of digital payment software solutions like QR codes, Apple Pay, and Google Pay is still rising. The rise in global e-commerce is another factor contributing to the growth of digital payments. Although there are advantages to digital payment systems, there are also privacy and security dangers that could hurt customers, businesses, markets, and countries while impeding economic progress. Payment systems need to be completely reinvented with unbreakable encryption, open standards, and privacy protection in mind. Strong market regulation and data privacy laws are also essential. Key Market Drivers Digital Transformation and Technology Adoption • Shift in Payments Landscape: Adoption of digital technologies transforming consumer behavior and business operations. • Technological Catalysts: Role of smartphones, internet, and advanced payment technologies in facilitating transition to electronic payments. • Emerging Technologies: Impact of mobile wallets, contactless payments, blockchain, AI, and machine learning on the payments market. Globalization and Cross-Border Transactions • Demand for Seamless Transactions: Increasing need for efficient and cost-effective cross-border payment solutions. • Innovative Fintech Solutions: Role of fintech in overcoming challenges associated with international transactions. • Regulatory Initiatives: Push for standardization and regulatory initiatives fostering interoperability between payment systems. Regulatory Initiatives and Compliance • Highly Regulated Environment: Influence of regulations on data protection, privacy, and payment technology development. • Key Regulations: Overview of PSD2 in Europe and the Dodd-Frank Act in the United States. • Compliance Measures: Importance of adherence to regulatory requirements for stability and security in the payments market. Changing Consumer Preferences and Behaviors • Shift Towards Digital Payments: Influence of convenience and speed on consumer preference for digital and mobile payment options. • Generational Trends: Preferences of Millennials and Generation Z for digital and contactless payments. • Financial Inclusion: Role of mobile technology in driving financial accessibility and economic growth. E-commerce and the Rise of Online Transactions • Impact of E-commerce: Influence of online shopping on the adoption of electronic payment methods. • Integration of Payment Solutions: Role of payment gateways, digital wallets, and online banking in the e-commerce ecosystem. • Acceleration by COVID-19: Increased demand for online transactions due to safety concerns during the pandemic. Key Market Challenges Security Concerns and Cyber Threats • Constant Threat: Challenge of security breaches and cyber-attacks in digital payment systems. • Security Measures: Implementation of robust cybersecurity measures, encryption protocols, and real-time fraud detection systems. • Regulatory Compliance: Need for compliance with standards like PCI DSS to address evolving security threats. Regulatory Complexity and Compliance Burden • Highly Regulated Environment: Challenge of navigating complex regulatory landscape across regions. • Compliance Challenges: Implications of regulatory requirements on resources and time for payment service providers. • Global Standards: Importance of striking a balance between innovation and compliance in the payments industry. Fraud and Financial Crime • Persistent Challenge: Battle against identity theft, credit card fraud, and money laundering in payment systems. • Fraud Prevention Measures: Utilization of AI, machine learning, and biometric authentication for fraud detection. • Collaborative Efforts: Importance of industry-wide collaboration and standardized protocols for combating financial crime. Interoperability and Fragmentation • Challenge of Interoperability: Fragmentation due to myriad payment methods and proprietary systems. • Efficiency Concerns: Incompatibility leading to inefficiencies and increased costs, especially in cross-border transactions. • Need for Collaboration: Importance of collaborative initiatives and industry-wide standards for achieving universal interoperability. Key Market Trends Contactless Payments and Digital Wallets • Widespread Adoption: Growing preference for contactless payments and digital wallets due to convenience and enhanced security. • Acceleration by COVID-19: Increased adoption driven by hygiene concerns during the pandemic. • Role in Cashless Society: Contribution to the shift towards a cashless society with seamless transaction experiences. Open Banking and API Integration • Transformative Potential: Impact of open banking on collaboration and competition among financial institutions. • API Integration: Facilitation of seamless communication and data exchange for enhanced customer experiences. • Encouragement of Innovation: Role of open banking in fostering competition and providing consumers with more choices in financial services. Cryptocurrency and Blockchain Technology • Emergence of Cryptocurrencies: Role of cryptocurrencies like Bitcoin in providing alternative payment methods. • Blockchain Technology: Potential for enhancing security, transparency, and efficiency in traditional payment systems. • Growing Acceptance: Increasing adoption by major companies and potential for mainstream acceptance in commerce. Biometric Authentication and Strong Security Measures • Enhanced Security: Growing adoption of biometric authentication methods for secure digital transactions. • Role of Tokenization: Use of tokenization to bolster security by replacing sensitive payment information with unique tokens. • Importance of Trust: Emphasis on strong security measures to build and maintain consumer trust in digital payments. Segmental Insights End User Insights • Retail Industry: Shift towards digital services and seamless experiences to meet consumer demands. • Omni-channel Presence: Importance of combining online and brick-and-mortar presence for competitive edge. • Consumer Preference: Adoption of tablets and smartphones for online shopping driving retail industry trends. Regional Insights • North America: Dominance in the payments market driven by robust financial infrastructure and early adoption of technology. • Asia-Pacific: Emerging as the fastest-growing payments market region due to government initiatives, digitization, and fintech activity. • Key Players: Role of companies like UnionPay and AliPay in driving payment services growth in the Asia Pacific region. Key Attributes: [{"Report Attribute": "No. of Pages", "Details": "185"}, {"Report Attribute": "Forecast Period", "Details": "2023 - 2029"}, {"Report Attribute": "Estimated Market Value (USD) in 2023", "Details": "$2.64 Trillion"}, {"Report Attribute": "Forecasted Market Value (USD) by 2029", "Details": "$4.78 Trillion"}, {"Report Attribute": "Compound Annual Growth Rate", "Details": "10.5%"}, {"Report Attribute": "Regions Covered", "Details": "Global"}] Competitive Landscape • Mastercard Inc. • Visa Inc. • PayPal Holdings, Inc. • AliPay (Alibaba Group) • UnionPay International • Stripe • Adyen • WeChat Pay • Worldpay • Klarna Scope of the Report Payments Market, By End User: • Retail • Entertainment • Healthcare • Hospitality • Others Payments Market, By Mode of Payment: • Point of Sale (Card Payments, Digital Wallet, Cash) • Online Sale (Card Payments, Digital Wallet) Payments Market, By Region: • North America • United States • Canada • Mexico • Europe • France • United Kingdom • Italy • Germany • Spain • Asia-Pacific • China • India • Japan • Australia • South Korea • South America • Brazil • Argentina • Colombia • Middle East & Africa • South Africa • Saudi Arabia • UAE • Turkey • Egypt For more information about this report visithttps://www.researchandmarkets.com/r/61666l About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment • Global Payments Market CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 66267.49, 65231.58, 67051.88, 66940.80, 66278.37, 71448.20, 70136.53, 69122.34, 67929.56, 68526.10 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['What Can Lifeform Bring To WEB3 And BTC Ecosystem? — True Interconnectivity And Interoperability\nNew York, May 14, 2024 (GLOBE NEWSWIRE) -- As a pioneer in the DID\xa0field, Lifeform continuously fulfills its mission amidst the BTC wave, contributing to the development of the BTC ecosystem.\xa0Lifeform\xa0token has announced the official launch on Bybit and kuCoin exchange, trading commences on 15th May, 2024.\nLifeform, supported by investments from a host of prominent institutions, excels in focusing on the mentioned two objectives. Let us explore how Lifeform is executing its DID blueprint.\nUnlike other DID solutions that are constrained by the specific characteristics of different public blockchains, thereby limiting their cross-chain capabilities and application scopes, Lifeform offers full-chain domain names with .btc services. It is the first platform to support multi-blockchain domain name resolution (including, but not limited to, Bitcoin, Ethereum, BNB Chain, Solana, Base, Avalanche, and OPBNB) as an all-in-one domain resolution platform. This platform has already implemented mappings for .eth, .bnb, .sol, .arb, and other domain names under the Lifeform Universal Domain .btc, enabling functionalities such as cross-chain transactions, multi-chain asset inquiry, multi-channel integration, interactive social networking, and cross-chain finance.\nIn its roadmap, Lifeform also proposes collaborations with various wallets to integrate the .btc domain SDK into exchange wallets; its plan for supporting seamless interaction across multiple Layer1 and Layer2 networks.\nLifeform leverages its technological edge in AI to analyze cross-chain activities. By profiling users based on their asset management behaviors, Lifeform provides tailored recommendations for blockchain services, tokens, or dApps.\nParticularly for Web2 users who hold substantial amounts of idle BTC assets, Lifeform facilitates easy linkage to BTC Layer2 protocols, such as decentralized staking protocols characterized by stable yields and DeFi Machinegun Pool. This approach enhances the possibility of earning additional income without the need to sell cryptocurrency assets.In the future, Lifeform also plans to utilize AI to launch various practical smart devices, such as BTC Mobile and head-mounted displays. These innovations will contribute to the establishment of a free, unrestricted Bitcoin ecosystem mobile application store, providing comprehensive mobile solutions for the Bitcoin developer community.\nIn terms of presentation, Lifeform is a leader in visual DID. With advanced high-resolution engines, users can easily create any virtual avatar and link it with one click to Web2 streaming media for dynamic virtual persona manipulation. Ultimately, Lifeform aims to bring the next billion users into Web3. Users will not only possess a unique full-chain identity and social space, but in the near future, they will also be able to navigate through the AR & XR world using smart devices with the Universal Domain.\nFrom Digital Gold to Application-Driven Asset\n2024 is set to be a landmark year for Bitcoin: with the SEC finally approving the Bitcoin ETF, and the quadrennial halving event taking place. If prior to 2024, Bitcoin DeFi applications were merely tethered as value anchors, the subsequent approval has shifted BTC from merely being the digital gold of the crypto world to a truly application-driven asset.\nOne manifestation is that, spurred by the rapid rise of inscriptions last year, a plethora of Layer2 projects aimed at constructing new scaling solutions on Bitcoin sprang up like mushrooms after rain, with the TVL in DeFi surpassing the $2 billion mark. However, at the same time, Bitcoin, which has followed a developmental path similar to Ethereum, has replicated the same issues: Layer2 solutions are not the panacea for enhancing scalability. As economic activities between various protocols become segregated, forming a barrier to blockchain interoperability, the construction of "bridge builders" is inevitably seen as a crucial element in this transformation, with Decentralized Identities (DID) being an important part of this process.\nAs other application-specific public blockchains have developed their own representative DID projects, Bitcoin ecosystem has seen the emergence of service providers like Lifeform. Over the past year, Lifeform has raised $400 million in valuation through two funding rounds, with investments from notable institutions such as Binance, IDG Capital, GeekCartel, Foresight Ventures, KuCoin Labs, and SevenX Ventures, whose actions are becoming increasingly influential.\nWhy is DID so critical, and why is Lifeform a leader on the BTC DID track? This article will outline the importance of DID and the activities undertaken by Lifeform.\nOffers A Promising Solution to Enhance Blockchain Interoperability.\nThe essence of the network is connectivity. On the internet, most platform data still cannot be freely traded or leveraged to create additional value.\xa0Blockchain technology faces similar challenges. Not only is inter-chain interaction difficult, but the transitions between different smart contracts on the same chain, as well as interactions among Layer1, Layer2, and Layer3, are also severely limited.\nDecentralized Identifiers (DID) have emerged as a solution to enhance blockchain interoperability. DIDs serve as containers for identity, certificates, private keys, and assets, designed to bridge multiple service scenarios and data sources. Compared to traditional internet IDs, Web3\'s DIDs, with their decentralized nature, have inherent privacy advantages. Control is in the hands of the users, eliminating the security risks associated with outsourcing identity management to centralized entities. Furthermore, compared to crypto wallets, DIDs can integrate multiple blockchain addresses and even multiple wallet accounts. They can evolve from 2D to 3D identities, providing a richer user profile and a more vivid and dimensional identity image. The combination of different data enhances the richness of application scenarios.\nAn ideal DID would aggregate addresses from mainstream public blockchains, supporting basic functions like signing and transferring while integrating fragmented data from different blockchains that a user may have. Additionally, it would allow users to autonomously authorize which data to disclose to projects, thereby helping users achieve data sovereignty.\nPoised to Become the Super Gateway That Helps Web3 Go Viral\nDID is playing a pivotal role in expanding the reach of Web3.\xa0Particularly significant was the approval by the U.S. Securities and Exchange Commission of the Bitcoin ETF in January of this year, which officially recognized BTC as a U.S. dollar-denominated investment.\xa0According to the latest data, leading financial institutions like BlackRock and Fidelity, among others, have collectively purchased over 500,000 bitcoins through 10 ETFs (excluding Grayscale), injecting more than $30 billion into the sector.\nFor individuals eager to embrace the world of cryptocurrency yet lacking a low-barrier entry point as an opportunity, a sufficiently simple Web3 gateway is the first step in creating a positive user experience for non-Web3 users.\nDIDs offer a lower barrier to entry and lower cognitive load, combined with a strong network effect, making them a likely candidate as a super gateway for users entering Web3. Once DID becomes a new channel for capital inflows, its ability to transform non-financial behaviors into trustable reputation scores and financial behaviors into quantifiable credit values could drive transformative development across Web3 applications.\nLifeform’s introduction of a full-chain domain has opened a gateway to the crypto world for Web2 users, acting as the first Web3 passport for new entrants. With crypto assets, users can easily earn high annual yields without needing to master complex blockchain technologies; a single click is all that is required. As 2024 sees an influx of new Web2 users, the majority of whom are unfamiliar with blockchain operations, this segment of capital is in search of a familiar entry point. Lifeform provides this accessible gateway, serving as a bridge between Web2 and Web3 and enabling every user to manage their finances effortlessly. With the significant influx of capital, the future development prospects are unimaginable.\nLifeform will kickstart a transformative era for BTC.\nIn conclusion, the future of BTC and Lifeform is intertwined, mutually empowering each other\'s endeavors.\xa0With increasing interoperable integration, Lifeform is enhancing the BTC ecosystem to become simpler, faster, more equitable, and more trustworthy.\nFor Lifeform, leveraging the widespread recognition of BTC, the earliest-born and most valuable blockchain network, outside the crypto circle, opens up broader market opportunities and prospects significantly.\nBTC will also usher in a truly decentralized user ecosystem centered around credit and reputation in the future: DeFi may see a world of low collateral or even uncollateralized credit loans, spawning a wider array of credit financial products; meanwhile, advanced and simplified social service behaviors, such as chatting, reputation scoring, and personal achievement displays, will also build a mature on-chain social network comparable in scale to Web2; GameFi, NFTs, and DAOs, among other Web3 applications, will also have a distinct future within the BTC ecosystem.\nLooking ahead, as the frequency and complexity of user on-chain operations increase, alongside the continuous advancement of cryptography and Web3 technology, we can expect Lifeform to become a key hub and foundational infrastructure connecting BTC and even broader \xa0Web3 assets, applications, and services.\nDisclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. Do your own research befo **Last 60 Days of Bitcoin's Closing Prices:** [65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-05-15 **Financial & Commodity Data:** - Gold Closing Price: $2388.70 - Crude Oil Closing Price: $78.63 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,256,753,373,862 - Hash Rate: 582799128.9561441 - Transaction Count: 493012.0 - Unique Addresses: 516619.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.64 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates. Justin Wales is the head of legal for the Americas atCrypto.com. He is the author of "The Crypto Legal Handbook: A Guide to the Laws of Crypto, Web3, and the Decentralized World" (available atwww.thecryptolegalhandbook.com). The question seems almost rhetorical: Should lawyers deeply engaged in the cryptocurrency or digital asset industry understand the technologies they are paid to represent before regulators and courts? Surprisingly, many legal professionals, including those actively tasked with navigating existential threats to the cryptocurrency industry or their crypto-wielding clients, treat cryptocurrency more as a novel curiosity than a transformative technology that requires intricate understanding and thoughtful consideration. I've listened to presentations by highly sought-after attorneys with large “crypto practices” who charge thousands of dollars for an hour of their time and joke that they are "not a crypto person" when pressed on a question about the uses of the technology during formal proceedings. They treat the practicalities of using digital assets as an irrelevant afterthought that only complicates their other arguments. This detachment between the industry and its advocates is not merely unhelpful – —it's harmful. The industry tasks its lawyers with representing its interests before courts and regulators, who often need to consider the complex interplay of crypto applications and existing regulations for the first time. If these advocates are unwilling to engage seriously with what the industry is building, how can they effectively persuade a court or regulator that their legal interpretation aligns with the realities of the technology or convey the philosophical foundations upon which the broader cryptocurrency space is built? Top law firms charge thousands of dollars per hour for their services, yet too often, the senior-most partners on a case treat engaging deeply with their client’s crypto business as beneath them. This attitude forces clients to rely on the hope that some crypto-native associate will step in to prevent egregious errors or inefficiencies caused by the lack of interest from those at the top. This dynamic is inefficient and can be financially and strategically costly for those navigating the complicated regulatory challenges inherent to most projects in the space. Fortunately, as crypto-native associates become more senior, the dynamics within law firms are beginning to change. Truly adept "crypto lawyers" have emerged at many prestigious law firms, and there are lawyers at specialized boutiques who certainly know their stuff, but this phenomenon remains surprisingly rare. This shift is crucial, as lawyers who understand and can innovate within the framework of cryptocurrency law are critical for the industry's future. A cynical response might equate demanding that a lawyer representing a crypto company have meaningful experience using cryptocurrencies to a tobacco company requiring that their lawyer smoke. But such glib comparisons reveal a misunderstanding of what cryptocurrency represents – —a potential paradigm shift in how we structure society and handle value, privacy, and trust that relies on first-of-its-kind technologies to further goals that were, until recently, confined to science fiction. Lawyers are free to spend their time as they see fit, but those who believe they can coast on a superficial understanding of Bitcoin that hasn’t been expanded since 2017 and an attitude that "everything old is new again" will find their pool of clients diminishing as the industry progresses and demands more from them. I’m not suggesting that a lawyer needs a computer science degree to be a successful advocate or that they must be a “degen” with their personal finances, but they should put in enough time learning about the industry and interacting with the different projects and protocols that make up the space so that they can speak authoritatively on what their clients do, how they do it, and why it matters. Passion is a valuable asset for any professional, particularly in an industry that evolves as rapidly as cryptocurrency does. Lawyers wishing to stay up-to-speed with the continuous legal and technological changes that are characteristic of the cryptocurrency space must engage in continuous self-study – —a task that is incredibly difficult without a genuine interest in the subject matter. This isn't just about maintaining relevance; it's about providing the best possible representation for clients who rely on their attorneys to understand not just the law but the essence of the technology they are dealing with to ensure their advocacy considers a comprehensive understanding of the facts, rules, and circumstances at play. See also:Fatemeh Fannizadeh on Crypto Law, Switzerland and How KYC Is Failing I get asked all the time by young lawyers or law students what they can do to start a career in crypto law. My advice is always to start using crypto and to see if they believe that technologies that permit people to interact without intermediaries are important and should be protected. If so, start reading about the industry’s history, and if you are still convinced this is a good thing for the world, develop expertise in the various areas of law and financial regulations that impact the field. On the other side, I get asked by non-lawyer entrepreneurs or developers what they can do to ensure their relationship with their lawyers is successful. My answer is to make sure your lawyer understands what you’re trying to build and why and to learn enough about the rules regulating your business so that you can have critical conversations with your legal team about their understanding of the law and their strategy. During conversations with young lawyers or entrepreneurs, I would be asked where they should start developing these informational skills, but I didn’t have a great answer. I put together a resource called“The Crypto Legal Handbook”to address this gap and serve as a primer on cryptocurrency's technological and historical aspects, as well as a comprehensive overview of the various laws that govern the field. The text is designed to, on the one hand, spur lawyers to engage with the crypto world actively, enhancing their ability to serve as true advocates for technological advancement and, on the other hand, to provide entrepreneurs with the tools they need to understand the state of crypto regulations. I believe that most of us working in the crypto industry understand that it is more than just a niche asset class within the financial sector. The proliferation of technologies that allow for a variety of peer-to-peer financial and non-financial communications is a pioneering movement capable of reshaping our understanding of money, privacy, and governance that could substantially impact how we govern our economy and society at large. Isn’t it time we started demanding all these so-called “crypto lawyers” be able to effectively articulate this vision for 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.
65231.58, 67051.88, 66940.80, 66278.37, 71448.20, 70136.53, 69122.34, 67929.56, 68526.10, 69265.95
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:** ['What Can Lifeform Bring To WEB3 And BTC Ecosystem? — True Interconnectivity And Interoperability\nNew York, May 14, 2024 (GLOBE NEWSWIRE) -- As a pioneer in the DID\xa0field, Lifeform continuously fulfills its mission amidst the BTC wave, contributing to the development of the BTC ecosystem.\xa0Lifeform\xa0token has announced the official launch on Bybit and kuCoin exchange, trading commences on 15th May, 2024.\nLifeform, supported by investments from a host of prominent institutions, excels in focusing on the mentioned two objectives. Let us explore how Lifeform is executing its DID blueprint.\nUnlike other DID solutions that are constrained by the specific characteristics of different public blockchains, thereby limiting their cross-chain capabilities and application scopes, Lifeform offers full-chain domain names with .btc services. It is the first platform to support multi-blockchain domain name resolution (including, but not limited to, Bitcoin, Ethereum, BNB Chain, Solana, Base, Avalanche, and OPBNB) as an all-in-one domain resolution platform. This platform has already implemented mappings for .eth, .bnb, .sol, .arb, and other domain names under the Lifeform Universal Domain .btc, enabling functionalities such as cross-chain transactions, multi-chain asset inquiry, multi-channel integration, interactive social networking, and cross-chain finance.\nIn its roadmap, Lifeform also proposes collaborations with various wallets to integrate the .btc domain SDK into exchange wallets; its plan for supporting seamless interaction across multiple Layer1 and Layer2 networks.\nLifeform leverages its technological edge in AI to analyze cross-chain activities. By profiling users based on their asset management behaviors, Lifeform provides tailored recommendations for blockchain services, tokens, or dApps.\nParticularly for Web2 users who hold substantial amounts of idle BTC assets, Lifeform facilitates easy linkage to BTC Layer2 protocols, such as decentralized staking protocols characterized by stable yields and DeFi Machinegun Pool. This approach enhances the possibility of earning additional income without the need to sell cryptocurrency assets.In the future, Lifeform also plans to utilize AI to launch various practical smart devices, such as BTC Mobile and head-mounted displays. These innovations will contribute to the establishment of a free, unrestricted Bitcoin ecosystem mobile application store, providing comprehensive mobile solutions for the Bitcoin developer community.\nIn terms of presentation, Lifeform is a leader in visual DID. With advanced high-resolution engines, users can easily create any virtual avatar and link it with one click to Web2 streaming media for dynamic virtual persona manipulation. Ultimately, Lifeform aims to bring the next billion users into Web3. Users will not only possess a unique full-chain identity and social space, but in the near future, they will also be able to navigate through the AR & XR world using smart devices with the Universal Domain.\nFrom Digital Gold to Application-Driven Asset\n2024 is set to be a landmark year for Bitcoin: with the SEC finally approving the Bitcoin ETF, and the quadrennial halving event taking place. If prior to 2024, Bitcoin DeFi applications were merely tethered as value anchors, the subsequent approval has shifted BTC from merely being the digital gold of the crypto world to a truly application-driven asset.\nOne manifestation is that, spurred by the rapid rise of inscriptions last year, a plethora of Layer2 projects aimed at constructing new scaling solutions on Bitcoin sprang up like mushrooms after rain, with the TVL in DeFi surpassing the $2 billion mark. However, at the same time, Bitcoin, which has followed a developmental path similar to Ethereum, has replicated the same issues: Layer2 solutions are not the panacea for enhancing scalability. As economic activities between various protocols become segregated, forming a barrier to blockchain interoperability, the construction of "bridge builders" is inevitably seen as a crucial element in this transformation, with Decentralized Identities (DID) being an important part of this process.\nAs other application-specific public blockchains have developed their own representative DID projects, Bitcoin ecosystem has seen the emergence of service providers like Lifeform. Over the past year, Lifeform has raised $400 million in valuation through two funding rounds, with investments from notable institutions such as Binance, IDG Capital, GeekCartel, Foresight Ventures, KuCoin Labs, and SevenX Ventures, whose actions are becoming increasingly influential.\nWhy is DID so critical, and why is Lifeform a leader on the BTC DID track? This article will outline the importance of DID and the activities undertaken by Lifeform.\nOffers A Promising Solution to Enhance Blockchain Interoperability.\nThe essence of the network is connectivity. On the internet, most platform data still cannot be freely traded or leveraged to create additional value.\xa0Blockchain technology faces similar challenges. Not only is inter-chain interaction difficult, but the transitions between different smart contracts on the same chain, as well as interactions among Layer1, Layer2, and Layer3, are also severely limited.\nDecentralized Identifiers (DID) have emerged as a solution to enhance blockchain interoperability. DIDs serve as containers for identity, certificates, private keys, and assets, designed to bridge multiple service scenarios and data sources. Compared to traditional internet IDs, Web3\'s DIDs, with their decentralized nature, have inherent privacy advantages. Control is in the hands of the users, eliminating the security risks associated with outsourcing identity management to centralized entities. Furthermore, compared to crypto wallets, DIDs can integrate multiple blockchain addresses and even multiple wallet accounts. They can evolve from 2D to 3D identities, providing a richer user profile and a more vivid and dimensional identity image. The combination of different data enhances the richness of application scenarios.\nAn ideal DID would aggregate addresses from mainstream public blockchains, supporting basic functions like signing and transferring while integrating fragmented data from different blockchains that a user may have. Additionally, it would allow users to autonomously authorize which data to disclose to projects, thereby helping users achieve data sovereignty.\nPoised to Become the Super Gateway That Helps Web3 Go Viral\nDID is playing a pivotal role in expanding the reach of Web3.\xa0Particularly significant was the approval by the U.S. Securities and Exchange Commission of the Bitcoin ETF in January of this year, which officially recognized BTC as a U.S. dollar-denominated investment.\xa0According to the latest data, leading financial institutions like BlackRock and Fidelity, among others, have collectively purchased over 500,000 bitcoins through 10 ETFs (excluding Grayscale), injecting more than $30 billion into the sector.\nFor individuals eager to embrace the world of cryptocurrency yet lacking a low-barrier entry point as an opportunity, a sufficiently simple Web3 gateway is the first step in creating a positive user experience for non-Web3 users.\nDIDs offer a lower barrier to entry and lower cognitive load, combined with a strong network effect, making them a likely candidate as a super gateway for users entering Web3. Once DID becomes a new channel for capital inflows, its ability to transform non-financial behaviors into trustable reputation scores and financial behaviors into quantifiable credit values could drive transformative development across Web3 applications.\nLifeform’s introduction of a full-chain domain has opened a gateway to the crypto world for Web2 users, acting as the first Web3 passport for new entrants. With crypto assets, users can easily earn high annual yields without needing to master complex blockchain technologies; a single click is all that is required. As 2024 sees an influx of new Web2 users, the majority of whom are unfamiliar with blockchain operations, this segment of capital is in search of a familiar entry point. Lifeform provides this accessible gateway, serving as a bridge between Web2 and Web3 and enabling every user to manage their finances effortlessly. With the significant influx of capital, the future development prospects are unimaginable.\nLifeform will kickstart a transformative era for BTC.\nIn conclusion, the future of BTC and Lifeform is intertwined, mutually empowering each other\'s endeavors.\xa0With increasing interoperable integration, Lifeform is enhancing the BTC ecosystem to become simpler, faster, more equitable, and more trustworthy.\nFor Lifeform, leveraging the widespread recognition of BTC, the earliest-born and most valuable blockchain network, outside the crypto circle, opens up broader market opportunities and prospects significantly.\nBTC will also usher in a truly decentralized user ecosystem centered around credit and reputation in the future: DeFi may see a world of low collateral or even uncollateralized credit loans, spawning a wider array of credit financial products; meanwhile, advanced and simplified social service behaviors, such as chatting, reputation scoring, and personal achievement displays, will also build a mature on-chain social network comparable in scale to Web2; GameFi, NFTs, and DAOs, among other Web3 applications, will also have a distinct future within the BTC ecosystem.\nLooking ahead, as the frequency and complexity of user on-chain operations increase, alongside the continuous advancement of cryptography and Web3 technology, we can expect Lifeform to become a key hub and foundational infrastructure connecting BTC and even broader \xa0Web3 assets, applications, and services.\nDisclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. Do your own research befo **Last 60 Days of Bitcoin's Closing Prices:** [65315.12, 68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-05-15 **Financial & Commodity Data:** - Gold Closing Price: $2388.70 - Crude Oil Closing Price: $78.63 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,256,753,373,862 - Hash Rate: 582799128.9561441 - Transaction Count: 493012.0 - Unique Addresses: 516619.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.64 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates. Justin Wales is the head of legal for the Americas atCrypto.com. He is the author of "The Crypto Legal Handbook: A Guide to the Laws of Crypto, Web3, and the Decentralized World" (available atwww.thecryptolegalhandbook.com). The question seems almost rhetorical: Should lawyers deeply engaged in the cryptocurrency or digital asset industry understand the technologies they are paid to represent before regulators and courts? Surprisingly, many legal professionals, including those actively tasked with navigating existential threats to the cryptocurrency industry or their crypto-wielding clients, treat cryptocurrency more as a novel curiosity than a transformative technology that requires intricate understanding and thoughtful consideration. I've listened to presentations by highly sought-after attorneys with large “crypto practices” who charge thousands of dollars for an hour of their time and joke that they are "not a crypto person" when pressed on a question about the uses of the technology during formal proceedings. They treat the practicalities of using digital assets as an irrelevant afterthought that only complicates their other arguments. This detachment between the industry and its advocates is not merely unhelpful – —it's harmful. The industry tasks its lawyers with representing its interests before courts and regulators, who often need to consider the complex interplay of crypto applications and existing regulations for the first time. If these advocates are unwilling to engage seriously with what the industry is building, how can they effectively persuade a court or regulator that their legal interpretation aligns with the realities of the technology or convey the philosophical foundations upon which the broader cryptocurrency space is built? Top law firms charge thousands of dollars per hour for their services, yet too often, the senior-most partners on a case treat engaging deeply with their client’s crypto business as beneath them. This attitude forces clients to rely on the hope that some crypto-native associate will step in to prevent egregious errors or inefficiencies caused by the lack of interest from those at the top. This dynamic is inefficient and can be financially and strategically costly for those navigating the complicated regulatory challenges inherent to most projects in the space. Fortunately, as crypto-native associates become more senior, the dynamics within law firms are beginning to change. Truly adept "crypto lawyers" have emerged at many prestigious law firms, and there are lawyers at specialized boutiques who certainly know their stuff, but this phenomenon remains surprisingly rare. This shift is crucial, as lawyers who understand and can innovate within the framework of cryptocurrency law are critical for the industry's future. A cynical response might equate demanding that a lawyer representing a crypto company have meaningful experience using cryptocurrencies to a tobacco company requiring that their lawyer smoke. But such glib comparisons reveal a misunderstanding of what cryptocurrency represents – —a potential paradigm shift in how we structure society and handle value, privacy, and trust that relies on first-of-its-kind technologies to further goals that were, until recently, confined to science fiction. Lawyers are free to spend their time as they see fit, but those who believe they can coast on a superficial understanding of Bitcoin that hasn’t been expanded since 2017 and an attitude that "everything old is new again" will find their pool of clients diminishing as the industry progresses and demands more from them. I’m not suggesting that a lawyer needs a computer science degree to be a successful advocate or that they must be a “degen” with their personal finances, but they should put in enough time learning about the industry and interacting with the different projects and protocols that make up the space so that they can speak authoritatively on what their clients do, how they do it, and why it matters. Passion is a valuable asset for any professional, particularly in an industry that evolves as rapidly as cryptocurrency does. Lawyers wishing to stay up-to-speed with the continuous legal and technological changes that are characteristic of the cryptocurrency space must engage in continuous self-study – —a task that is incredibly difficult without a genuine interest in the subject matter. This isn't just about maintaining relevance; it's about providing the best possible representation for clients who rely on their attorneys to understand not just the law but the essence of the technology they are dealing with to ensure their advocacy considers a comprehensive understanding of the facts, rules, and circumstances at play. See also:Fatemeh Fannizadeh on Crypto Law, Switzerland and How KYC Is Failing I get asked all the time by young lawyers or law students what they can do to start a career in crypto law. My advice is always to start using crypto and to see if they believe that technologies that permit people to interact without intermediaries are important and should be protected. If so, start reading about the industry’s history, and if you are still convinced this is a good thing for the world, develop expertise in the various areas of law and financial regulations that impact the field. On the other side, I get asked by non-lawyer entrepreneurs or developers what they can do to ensure their relationship with their lawyers is successful. My answer is to make sure your lawyer understands what you’re trying to build and why and to learn enough about the rules regulating your business so that you can have critical conversations with your legal team about their understanding of the law and their strategy. During conversations with young lawyers or entrepreneurs, I would be asked where they should start developing these informational skills, but I didn’t have a great answer. I put together a resource called“The Crypto Legal Handbook”to address this gap and serve as a primer on cryptocurrency's technological and historical aspects, as well as a comprehensive overview of the various laws that govern the field. The text is designed to, on the one hand, spur lawyers to engage with the crypto world actively, enhancing their ability to serve as true advocates for technological advancement and, on the other hand, to provide entrepreneurs with the tools they need to understand the state of crypto regulations. I believe that most of us working in the crypto industry understand that it is more than just a niche asset class within the financial sector. The proliferation of technologies that allow for a variety of peer-to-peer financial and non-financial communications is a pioneering movement capable of reshaping our understanding of money, privacy, and governance that could substantially impact how we govern our economy and society at large. Isn’t it time we started demanding all these so-called “crypto lawyers” be able to effectively articulate this vision for 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. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 65231.58, 67051.88, 66940.80, 66278.37, 71448.20, 70136.53, 69122.34, 67929.56, 68526.10, 69265.95 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['(Updates prices)\nBy Tom Westbrook\nSINGAPORE, May 16 (Reuters) - The dollar skidded to multi-month lows on Thursday after U.S. core inflation hit its slowest in three years, pulling forward expectations for rate cuts in the world\'s biggest economy and drawing bets that the U.S. currency may have peaked, for now.\nIn Asia the battered yen extended a rebound into a second session, rallying to its strongest in two weeks at 153.6 to the dollar as the gap between U.S. and Japanese yields narrowed.\nThe Australian dollar, which had surged 1% on Wednesday, hit a four-month high at $0.6714 but then paused after an unexpected rise in Australian unemployment. It was last at $0.6687.\nThe euro edged up to a two-month high at $1.0895. The New Zealand dollar also hit a two-month high at $0.6140. Sterling made a one-month high at $1.27.\nCore U.S. inflation slowed to an annualised 3.6% in April, Wednesday\'s data showed, in line with market expectations. That is well above the Federal Reserve\'s 2% goal, but since it eased from 3.8% a month earlier investors saw it as opening the way for a rate cut as soon as September or perhaps even earlier, as the U.S. presidential election looms in November.\n"If we start to see a significant drop (in inflation) then I think last night was maybe the first step," said Bart Wakabayashi, Tokyo branch manager at State Street.\nSofter-than-expected U.S. retail sales figures, which were flat last month instead of the 0.4% gain that economists had forecast, reinforced the impression the economy was slowing.\nThe data drove a rally in Treasuries and, combined with selling in Japanese bonds, the gap between U.S. and Japanese 10-year yields has narrowed 20 basis points this week - on track for the largest weekly move of the year so far.\nThe Japanese economy however, contracted more than expected in the first quarter, complicating the challenge for policymakers as they look to raise rates from near-zero levels.\nForeign exchange markets may now face a holding pattern until central bankers give a clearer indication of how they intend to respond to the economic data.\n"160 (yen) probably was the top for the dollar for the time being, if not for the rest of the year," said Naka Matsuzawa, chief macro strategist at Nomura in Tokyo.\nBut for it to go down below 150 he said markets would need to see a clearer signal from the Fed of actual rate cuts starting.\nThe U.S. dollar index made its heaviest one-day percentage drop for the year so far on Wednesday, falling 0.75% and through its 200-day moving average. It was at a five-week low of 104.17 in early Asia trade on Tuesday.\nChina\'s yuan rallied slightly to 7.2070 per dollar. Bitcoin regained a footing above its 100-day moving average and touched a three-week high of $66,695.\n(Reporting by Tom Westbrook; Editing by Shri Navaratnam and Christopher Cushing)', '• US stocks soared on Wednesday, with the S&P 500 notching an all-time high.\n• The benchmark index surpassed 5,300 for the first time after April inflation came in cooler than expected.\n• Consumer prices rose 3.4% last month, slightly lower that the 3.5% increase in March.\nUS stocks surged on Wednesday, with the S&P 500 breaking its all-time record as traders took in cooling inflation numbers.\nAll three benchmark indexes rose, while bond yields ticked lower. The Dow Jones Industrial Average surged 350 points while the 10-year Treasury fell 10 basis points to 4.344%.\nThe benchmark S&P 500 rose past 5,300 for the first time ever as investors grow optimistic that the Federal Reserve is still on track to cut interest rates this year after April inflation numbers were softer than the prior month.\nConsumer prices rose 3.4% year-over-year in April, according to data from the Labor Department, lower than the 3.5% increase in March. On a monthly basis, inflation rose 0.3% in April, less than 0.4% in March.\nMarkets are anticipating one to three rate cuts by the end of 2024, while odds that the Fed won\'t cut rates this year at all have been slashed in half, according to theCME FedWatch tool.\n"Today\'s inflation news keeps multiple rate cuts on the table for the second half 2024," Preston Caldwell, the chief US economist at Morningstar said in a note on Wednesday. "Our base case is two cuts in 2024 (September and December) but three or four is not implausible with continued inflation progress in conjunction with weakening economic activity."\nRetail sales also came in softer than expected for the month of April, another sign the economy is cooling. Slower economic activity helps lower inflation, though it could also indicate a slowdown in economic growth.\n"The \'soft landing\' narrative is still a possibility but not a guarantee," Jeffrey Roach, the chief economist of LPL Financial said in a note. "Markets will be looking for more confirmation and the weak retail sales report did not help."\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Wednesday:\n• S&P 500: 5,308.15, up 1.17%\n• Dow Jones Industrial Average: 39,908.00, up 0.88% (+349.89 points)\n• Nasdaq composite: 16,742.39, up 1.40%\nHere\'s what else is going on today:\n• These are the top 10 holdings of the Mormon Church\'s $55 billion stock portfolio.\n• The S&P 500 just flashed a bullish signal that suggests the stock market will hit record highsthis summer.\n• Nvidia\'s rally is bound to run out of steam, as the chip giant\'s customers are turning into competitors, one analyst warns.\n• Jamie Dimon says China\'s relationship with Russiawill make it difficult for the US to fully engage with it.\n• Biden\'s new tariffs shows he\'s willing to play hardballas China ramps up its exports, according to Nobel economist Paul Krugman.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil rose 0.99% to $78.79 a barrel.Brent crude, the international benchmark, ticked higher 0.13% to $82.86 a barrel.\n• Goldclimbed 1.21% to $2,3876.77 per ounce.\n• The 10-year Treasury yield dropped 10 basis points to 4.344%.\n• Bitcoinsurged 6.82% to $65,667.\nRead the original article onBusiness Insider', 'By Saqib Iqbal Ahmed\nNEW YORK, May 16 (Reuters) - U.S. stocks are at fresh records, bitcoin is soaring and investors are spurning insurance against portfolio declines as evidence that the economy is headed for a so-called soft landing whets market participants\' appetite for risk.\nCall it the Goldilocks trade - a bet that the Federal Reserve will be able to tame inflation while keeping growth from declining too rapidly. While that outcome was in doubt as recently as last month, investors have been reassured by a more recent spate of economic data - including Wednesday’s report showing U.S. consumer prices slowed more than expected in April.\nInvestors\' newfound renewed penchant for risk-taking can be seen across asset classes. The S&P 500 hit a new record high on Wednesday and is up 11% year-to-date as it rebounds from last month\'s decline. The Nasdaq Composite Index and Dow Jones Industrial Average scaled fresh heights as well.\nAssets such as bitcoin and meme stocks, which are often seen as barometers of risk appetite though their ties to economic fundamentals are often questioned, have also soared.\nMeanwhile, participants’ growing confidence was reflected in a survey of fund managers by BofA Global Research: the firm’s broadest measure of investor sentiment, based on cash levels, equity allocations and economic growth expectations, stood at its most bullish since November 2021.\n"Investors\' appetite for risk assets appears to be on the rise," said Garrett DeSimone, head quant at OptionMetrics.\nHere\'s a chart-based look at how investors\' new found optimism is reverberating throughout markets:\nAfter worries over the Federal Reserve\'s ability to cut interest rates in the face of stubborn inflation prompted a 4.2% pullback for the S&P 500 index in April, investors now appear eager to ride stocks higher.\nMany are opting to do so with little attention to hedging their downside. The Cboe Volatility index, which measures demand for protection from market swings, closed at a four-month low on Wednesday. The lesser-known VVIX index, a gauge of how much investors expect the VIX to move, has also dipped and now stands near its lowest level in about a decade.\nWhile there are few takers for options hedges that would guard against a drop in the market, call contracts that would benefit from further stock market gains are in high demand.\nThe one month average daily trading in calls outnumber puts 1.2-to-1, the most bullish this measure has been in about a month, according to data from Options analytics firm Trade Alert.\nSome market participants have also pointed to the rally in meme stocks as a sign of investors’ robust risk appetite.\nShares of GameStop have soared 140% over the last week, after a string of posts on the X platform from an account linked to Keith Gill, the central figure behind the previous frenzy. Shares of other companies, including theater chain AMC and headphones maker Koss have followed suit. Like GameStop, many of the stocks are heavily shorted and their fundamentals have declined over the last few years.\nHopes that softening U.S. economic data may give the Fed the leeway to cut rates later this year has pressured the dollar in recent sessions. The greenback, a popular haven during uncertain times, has dipped 2% against a basket of its peers since hitting a 17-month high in mid-April.\nThat has helped boost some emerging market currencies, which are sometimes considered riskier than those tied to developed markets.\nThe Polish zloty is up 3.7% for the month while the South African rand and the Colombian peso have advanced 2.8% and 2.7%, respectively.\nBond market volatility expectations have also slipped in recent sessions. U.S. Treasury yields - which move inversely to bond prices - fell to more than five-week lows on Wednesday.\nBitcoin, often viewed as a key barometer of risk-taking sentiment, h **Last 60 Days of Bitcoin's Closing Prices:** [68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-05-16 **Financial & Commodity Data:** - Gold Closing Price: $2380.00 - Crude Oil Closing Price: $79.23 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,305,632,092,219 - Hash Rate: 586932456.1118613 - Transaction Count: 476659.0 - Unique Addresses: 494221.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: New York City, NY, April 19, 2024 (GLOBE NEWSWIRE) -- As the cryptocurrency landscape constantly evolves, investors and market observers are closely monitoring several key developments that could shape the sector's future. Among these are Bitcoin's upcoming halving event, Ethereum's current price fluctuations due to significant whale activity, and the rise of new players likeFurrever Token(FURR), which seeks to carve out a niche with its unique approach and potential high returns. JPMorgan Cautions Against Expecting a Bitcoin Rally Post-Halving Event As the cryptocurrency community braces for this year’s Bitcoin halving event, scheduled around April 19-20, JPMorgan has issued a less than optimistic forecast. Contrary to the significant price surges that followed previous halvings, the banking giant predicts that Bitcoin might not only fail to rally but could potentially see a decline in value. In the past, Bitcoin halvings have been pivotal moments that typically led to bullish market behavior. The process involves halving the reward for mining Bitcoin transactions, thereby reducing the rate at which new Bitcoins are generated. This mechanism serves as a counter to inflation within the Bitcoin ecosystem. Historically, such events have boosted the cryptocurrency's market price significantly within a year of occurrence. For instance, after the 2012 halving, Bitcoin's price increased from $12 to $135 over the next 300 days. However, this year's scenario presents a unique backdrop. According to JPMorgan’s analysis, the current market conditions are "overbought". Bitcoin's price, hovering around $61,200, is well above the $45,000 mark when adjusted for volatility in comparison with gold. This elevated baseline, combined with the peak price reached a month before the halving—a first in Bitcoin’s history—suggests a different outcome might be unfolding this time around. Adding to the cautious outlook, Goldman Sachs has also advised prudence. The firm highlighted the unpredictable macroeconomic factors currently at play, which could influence Bitcoin's performance differently compared to past cycles. Despite previous patterns of price appreciation post-halving, Goldman Sachs warns against assuming similar outcomes this year, given the distinct global economic conditions. This tempered expectation marks a significant shift in sentiment among financial giants regarding the crypto market's behavior following the halving. As the event nears, the cryptocurrency community and investors are keeping a watchful eye, prepared for a range of possibilities that diverge from the historical norm. Ethereum Price Volatility Continues as ICO Whale Offloads Significant ETH Holdings The Ethereum market is currently experiencing heightened volatility, underscored by a recent 4% drop in price amid broader crypto market fluctuations. This latest dip has triggered a wave of speculation about the future price movements of Ethereum. Key to the current market unrest is the activity of an ICO whale who has significantly reduced their holdings, selling off 2,000 ETH for 6 million USDC at a rate of $2,997 each. This move comes after additional transactions where the same whale offloaded 5,110 ETH on various platforms, with the price per ETH approximately at $2,545. Despite this large-scale sell-off, the whale still possesses about 29,700 ETH, which currently values approximately $89.4 million, held primarily across staking platforms. Adding to the market’s unease, Whale Alert has flagged more Ethereum moving towards exchanges. Notably, an unknown wallet transferred 10,806 ETH to Coinbase, worth roughly $32.13 million, followed by another transaction of 10,726 ETH to the same exchange, valued at around $31.90 million. These substantial movements to a major exchange like Coinbase are raising alarms about potential further increases in Ethereum’s price volatility. However, amid these concerns, some analysts maintain a cautious optimism, buoyed by positive developments such as the recent approval of Bitcoin and Ethereum ETFs in Hong Kong, which may indicate a rebound or stabilization in the market soon. Moreover, with the cryptocurrency community looking forward to the upcoming Bitcoin Halving event, there is anticipation that this might also spur positive movements in Ethereum's price. As the situation develops, Ethereum's current trading price stands at $2,978.31, marking a decrease of 3.45% from the previous day, with a trading volume that has risen by 10.77% in the last 24 hours. Despite this, Ethereum's price has seen a substantial 16% decline over the past week and an 18% drop over the last month, highlighting the ongoing uncertainty and the speculative nature of the crypto market. Furrever Token Emerges as a Strong Contender Against Established Cryptocurrencies In the competitive world of cryptocurrencies,Furrever Token(FURR)is carving out a niche for itself with a current price of $0.000564 and promising features that could potentially outperform major players like Solana (SOL) and Toncoin (TON). What sets Furrever Token apart is its unique appeal rooted in the universal love for cute kitties, aiming to create a delightful and engaging experience for its users. The charm of Furrever Token extends beyond its cat-themed aesthetics, encompassing a range of stickers, emojis, and visuals that enhance the user interface. This strategy not only enriches the community experience but also strengthens the bond among its members, fostering a welcoming and inclusive environment. Operating on the BNB-20 blockchain, the Furrever Token is designed with favorable tokenomics. About 65% of its tokens were made available during the presale, with the remainder distributed between decentralized exchanges (DEXs) and the development team. This distribution strategy promotes fairness and ensures the longevity and stability of the project. Financially, Furrever Token is not just about the novelty; it offers significant return potential, boasting up to 15X returns which highlights its attractiveness as an investment. To secure its platform and user investments, the token has undergone rigorous audits, emphasizing its commitment to security and compliance. The project’s dedication is further evidenced by its active community engagement and transparent communication, critical factors that contribute to its growing legitimacy and appeal as an investment. As Furrever Token continues to evolve and attract attention in the crypto market, its innovative integration of fun elements with serious financial prospects positions it as a formidable alternative to well-established cryptocurrencies like Solana and Toncoin. With strong community support and distinctive features, Furrever Token is poised to make a significant impact on the future landscape of cryptocurrency. For further information or any assistance regarding Furrever Token, reach out only through the official channel [email protected] avoid potential scams. Secure the Most Exclusive Presale Opportunity of 2024 Today!Furrever Token Official Website|Visit Furrever Token PresaleJoin Official Telegram Group|Follow Official X Account Media Contact:Robert Smithhttps://furrevertoken.com/[email protected]: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. CONTACT: Robert Smith support at furrevertoken.com... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
67051.88, 66940.80, 66278.37, 71448.20, 70136.53, 69122.34, 67929.56, 68526.10, 69265.95, 68518.09
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['(Updates prices)\nBy Tom Westbrook\nSINGAPORE, May 16 (Reuters) - The dollar skidded to multi-month lows on Thursday after U.S. core inflation hit its slowest in three years, pulling forward expectations for rate cuts in the world\'s biggest economy and drawing bets that the U.S. currency may have peaked, for now.\nIn Asia the battered yen extended a rebound into a second session, rallying to its strongest in two weeks at 153.6 to the dollar as the gap between U.S. and Japanese yields narrowed.\nThe Australian dollar, which had surged 1% on Wednesday, hit a four-month high at $0.6714 but then paused after an unexpected rise in Australian unemployment. It was last at $0.6687.\nThe euro edged up to a two-month high at $1.0895. The New Zealand dollar also hit a two-month high at $0.6140. Sterling made a one-month high at $1.27.\nCore U.S. inflation slowed to an annualised 3.6% in April, Wednesday\'s data showed, in line with market expectations. That is well above the Federal Reserve\'s 2% goal, but since it eased from 3.8% a month earlier investors saw it as opening the way for a rate cut as soon as September or perhaps even earlier, as the U.S. presidential election looms in November.\n"If we start to see a significant drop (in inflation) then I think last night was maybe the first step," said Bart Wakabayashi, Tokyo branch manager at State Street.\nSofter-than-expected U.S. retail sales figures, which were flat last month instead of the 0.4% gain that economists had forecast, reinforced the impression the economy was slowing.\nThe data drove a rally in Treasuries and, combined with selling in Japanese bonds, the gap between U.S. and Japanese 10-year yields has narrowed 20 basis points this week - on track for the largest weekly move of the year so far.\nThe Japanese economy however, contracted more than expected in the first quarter, complicating the challenge for policymakers as they look to raise rates from near-zero levels.\nForeign exchange markets may now face a holding pattern until central bankers give a clearer indication of how they intend to respond to the economic data.\n"160 (yen) probably was the top for the dollar for the time being, if not for the rest of the year," said Naka Matsuzawa, chief macro strategist at Nomura in Tokyo.\nBut for it to go down below 150 he said markets would need to see a clearer signal from the Fed of actual rate cuts starting.\nThe U.S. dollar index made its heaviest one-day percentage drop for the year so far on Wednesday, falling 0.75% and through its 200-day moving average. It was at a five-week low of 104.17 in early Asia trade on Tuesday.\nChina\'s yuan rallied slightly to 7.2070 per dollar. Bitcoin regained a footing above its 100-day moving average and touched a three-week high of $66,695.\n(Reporting by Tom Westbrook; Editing by Shri Navaratnam and Christopher Cushing)', '• US stocks soared on Wednesday, with the S&P 500 notching an all-time high.\n• The benchmark index surpassed 5,300 for the first time after April inflation came in cooler than expected.\n• Consumer prices rose 3.4% last month, slightly lower that the 3.5% increase in March.\nUS stocks surged on Wednesday, with the S&P 500 breaking its all-time record as traders took in cooling inflation numbers.\nAll three benchmark indexes rose, while bond yields ticked lower. The Dow Jones Industrial Average surged 350 points while the 10-year Treasury fell 10 basis points to 4.344%.\nThe benchmark S&P 500 rose past 5,300 for the first time ever as investors grow optimistic that the Federal Reserve is still on track to cut interest rates this year after April inflation numbers were softer than the prior month.\nConsumer prices rose 3.4% year-over-year in April, according to data from the Labor Department, lower than the 3.5% increase in March. On a monthly basis, inflation rose 0.3% in April, less than 0.4% in March.\nMarkets are anticipating one to three rate cuts by the end of 2024, while odds that the Fed won\'t cut rates this year at all have been slashed in half, according to theCME FedWatch tool.\n"Today\'s inflation news keeps multiple rate cuts on the table for the second half 2024," Preston Caldwell, the chief US economist at Morningstar said in a note on Wednesday. "Our base case is two cuts in 2024 (September and December) but three or four is not implausible with continued inflation progress in conjunction with weakening economic activity."\nRetail sales also came in softer than expected for the month of April, another sign the economy is cooling. Slower economic activity helps lower inflation, though it could also indicate a slowdown in economic growth.\n"The \'soft landing\' narrative is still a possibility but not a guarantee," Jeffrey Roach, the chief economist of LPL Financial said in a note. "Markets will be looking for more confirmation and the weak retail sales report did not help."\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Wednesday:\n• S&P 500: 5,308.15, up 1.17%\n• Dow Jones Industrial Average: 39,908.00, up 0.88% (+349.89 points)\n• Nasdaq composite: 16,742.39, up 1.40%\nHere\'s what else is going on today:\n• These are the top 10 holdings of the Mormon Church\'s $55 billion stock portfolio.\n• The S&P 500 just flashed a bullish signal that suggests the stock market will hit record highsthis summer.\n• Nvidia\'s rally is bound to run out of steam, as the chip giant\'s customers are turning into competitors, one analyst warns.\n• Jamie Dimon says China\'s relationship with Russiawill make it difficult for the US to fully engage with it.\n• Biden\'s new tariffs shows he\'s willing to play hardballas China ramps up its exports, according to Nobel economist Paul Krugman.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil rose 0.99% to $78.79 a barrel.Brent crude, the international benchmark, ticked higher 0.13% to $82.86 a barrel.\n• Goldclimbed 1.21% to $2,3876.77 per ounce.\n• The 10-year Treasury yield dropped 10 basis points to 4.344%.\n• Bitcoinsurged 6.82% to $65,667.\nRead the original article onBusiness Insider', 'By Saqib Iqbal Ahmed\nNEW YORK, May 16 (Reuters) - U.S. stocks are at fresh records, bitcoin is soaring and investors are spurning insurance against portfolio declines as evidence that the economy is headed for a so-called soft landing whets market participants\' appetite for risk.\nCall it the Goldilocks trade - a bet that the Federal Reserve will be able to tame inflation while keeping growth from declining too rapidly. While that outcome was in doubt as recently as last month, investors have been reassured by a more recent spate of economic data - including Wednesday’s report showing U.S. consumer prices slowed more than expected in April.\nInvestors\' newfound renewed penchant for risk-taking can be seen across asset classes. The S&P 500 hit a new record high on Wednesday and is up 11% year-to-date as it rebounds from last month\'s decline. The Nasdaq Composite Index and Dow Jones Industrial Average scaled fresh heights as well.\nAssets such as bitcoin and meme stocks, which are often seen as barometers of risk appetite though their ties to economic fundamentals are often questioned, have also soared.\nMeanwhile, participants’ growing confidence was reflected in a survey of fund managers by BofA Global Research: the firm’s broadest measure of investor sentiment, based on cash levels, equity allocations and economic growth expectations, stood at its most bullish since November 2021.\n"Investors\' appetite for risk assets appears to be on the rise," said Garrett DeSimone, head quant at OptionMetrics.\nHere\'s a chart-based look at how investors\' new found optimism is reverberating throughout markets:\nAfter worries over the Federal Reserve\'s ability to cut interest rates in the face of stubborn inflation prompted a 4.2% pullback for the S&P 500 index in April, investors now appear eager to ride stocks higher.\nMany are opting to do so with little attention to hedging their downside. The Cboe Volatility index, which measures demand for protection from market swings, closed at a four-month low on Wednesday. The lesser-known VVIX index, a gauge of how much investors expect the VIX to move, has also dipped and now stands near its lowest level in about a decade.\nWhile there are few takers for options hedges that would guard against a drop in the market, call contracts that would benefit from further stock market gains are in high demand.\nThe one month average daily trading in calls outnumber puts 1.2-to-1, the most bullish this measure has been in about a month, according to data from Options analytics firm Trade Alert.\nSome market participants have also pointed to the rally in meme stocks as a sign of investors’ robust risk appetite.\nShares of GameStop have soared 140% over the last week, after a string of posts on the X platform from an account linked to Keith Gill, the central figure behind the previous frenzy. Shares of other companies, including theater chain AMC and headphones maker Koss have followed suit. Like GameStop, many of the stocks are heavily shorted and their fundamentals have declined over the last few years.\nHopes that softening U.S. economic data may give the Fed the leeway to cut rates later this year has pressured the dollar in recent sessions. The greenback, a popular haven during uncertain times, has dipped 2% against a basket of its peers since hitting a 17-month high in mid-April.\nThat has helped boost some emerging market currencies, which are sometimes considered riskier than those tied to developed markets.\nThe Polish zloty is up 3.7% for the month while the South African rand and the Colombian peso have advanced 2.8% and 2.7%, respectively.\nBond market volatility expectations have also slipped in recent sessions. U.S. Treasury yields - which move inversely to bond prices - fell to more than five-week lows on Wednesday.\nBitcoin, often viewed as a key barometer of risk-taking sentiment, h **Last 60 Days of Bitcoin's Closing Prices:** [68390.62, 67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-05-16 **Financial & Commodity Data:** - Gold Closing Price: $2380.00 - Crude Oil Closing Price: $79.23 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,305,632,092,219 - Hash Rate: 586932456.1118613 - Transaction Count: 476659.0 - Unique Addresses: 494221.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.70 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: New York City, NY, April 19, 2024 (GLOBE NEWSWIRE) -- As the cryptocurrency landscape constantly evolves, investors and market observers are closely monitoring several key developments that could shape the sector's future. Among these are Bitcoin's upcoming halving event, Ethereum's current price fluctuations due to significant whale activity, and the rise of new players likeFurrever Token(FURR), which seeks to carve out a niche with its unique approach and potential high returns. JPMorgan Cautions Against Expecting a Bitcoin Rally Post-Halving Event As the cryptocurrency community braces for this year’s Bitcoin halving event, scheduled around April 19-20, JPMorgan has issued a less than optimistic forecast. Contrary to the significant price surges that followed previous halvings, the banking giant predicts that Bitcoin might not only fail to rally but could potentially see a decline in value. In the past, Bitcoin halvings have been pivotal moments that typically led to bullish market behavior. The process involves halving the reward for mining Bitcoin transactions, thereby reducing the rate at which new Bitcoins are generated. This mechanism serves as a counter to inflation within the Bitcoin ecosystem. Historically, such events have boosted the cryptocurrency's market price significantly within a year of occurrence. For instance, after the 2012 halving, Bitcoin's price increased from $12 to $135 over the next 300 days. However, this year's scenario presents a unique backdrop. According to JPMorgan’s analysis, the current market conditions are "overbought". Bitcoin's price, hovering around $61,200, is well above the $45,000 mark when adjusted for volatility in comparison with gold. This elevated baseline, combined with the peak price reached a month before the halving—a first in Bitcoin’s history—suggests a different outcome might be unfolding this time around. Adding to the cautious outlook, Goldman Sachs has also advised prudence. The firm highlighted the unpredictable macroeconomic factors currently at play, which could influence Bitcoin's performance differently compared to past cycles. Despite previous patterns of price appreciation post-halving, Goldman Sachs warns against assuming similar outcomes this year, given the distinct global economic conditions. This tempered expectation marks a significant shift in sentiment among financial giants regarding the crypto market's behavior following the halving. As the event nears, the cryptocurrency community and investors are keeping a watchful eye, prepared for a range of possibilities that diverge from the historical norm. Ethereum Price Volatility Continues as ICO Whale Offloads Significant ETH Holdings The Ethereum market is currently experiencing heightened volatility, underscored by a recent 4% drop in price amid broader crypto market fluctuations. This latest dip has triggered a wave of speculation about the future price movements of Ethereum. Key to the current market unrest is the activity of an ICO whale who has significantly reduced their holdings, selling off 2,000 ETH for 6 million USDC at a rate of $2,997 each. This move comes after additional transactions where the same whale offloaded 5,110 ETH on various platforms, with the price per ETH approximately at $2,545. Despite this large-scale sell-off, the whale still possesses about 29,700 ETH, which currently values approximately $89.4 million, held primarily across staking platforms. Adding to the market’s unease, Whale Alert has flagged more Ethereum moving towards exchanges. Notably, an unknown wallet transferred 10,806 ETH to Coinbase, worth roughly $32.13 million, followed by another transaction of 10,726 ETH to the same exchange, valued at around $31.90 million. These substantial movements to a major exchange like Coinbase are raising alarms about potential further increases in Ethereum’s price volatility. However, amid these concerns, some analysts maintain a cautious optimism, buoyed by positive developments such as the recent approval of Bitcoin and Ethereum ETFs in Hong Kong, which may indicate a rebound or stabilization in the market soon. Moreover, with the cryptocurrency community looking forward to the upcoming Bitcoin Halving event, there is anticipation that this might also spur positive movements in Ethereum's price. As the situation develops, Ethereum's current trading price stands at $2,978.31, marking a decrease of 3.45% from the previous day, with a trading volume that has risen by 10.77% in the last 24 hours. Despite this, Ethereum's price has seen a substantial 16% decline over the past week and an 18% drop over the last month, highlighting the ongoing uncertainty and the speculative nature of the crypto market. Furrever Token Emerges as a Strong Contender Against Established Cryptocurrencies In the competitive world of cryptocurrencies,Furrever Token(FURR)is carving out a niche for itself with a current price of $0.000564 and promising features that could potentially outperform major players like Solana (SOL) and Toncoin (TON). What sets Furrever Token apart is its unique appeal rooted in the universal love for cute kitties, aiming to create a delightful and engaging experience for its users. The charm of Furrever Token extends beyond its cat-themed aesthetics, encompassing a range of stickers, emojis, and visuals that enhance the user interface. This strategy not only enriches the community experience but also strengthens the bond among its members, fostering a welcoming and inclusive environment. Operating on the BNB-20 blockchain, the Furrever Token is designed with favorable tokenomics. About 65% of its tokens were made available during the presale, with the remainder distributed between decentralized exchanges (DEXs) and the development team. This distribution strategy promotes fairness and ensures the longevity and stability of the project. Financially, Furrever Token is not just about the novelty; it offers significant return potential, boasting up to 15X returns which highlights its attractiveness as an investment. To secure its platform and user investments, the token has undergone rigorous audits, emphasizing its commitment to security and compliance. The project’s dedication is further evidenced by its active community engagement and transparent communication, critical factors that contribute to its growing legitimacy and appeal as an investment. As Furrever Token continues to evolve and attract attention in the crypto market, its innovative integration of fun elements with serious financial prospects positions it as a formidable alternative to well-established cryptocurrencies like Solana and Toncoin. With strong community support and distinctive features, Furrever Token is poised to make a significant impact on the future landscape of cryptocurrency. For further information or any assistance regarding Furrever Token, reach out only through the official channel [email protected] avoid potential scams. Secure the Most Exclusive Presale Opportunity of 2024 Today!Furrever Token Official Website|Visit Furrever Token PresaleJoin Official Telegram Group|Follow Official X Account Media Contact:Robert Smithhttps://furrevertoken.com/[email protected]: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. CONTACT: Robert Smith support at furrevertoken.com... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 67051.88, 66940.80, 66278.37, 71448.20, 70136.53, 69122.34, 67929.56, 68526.10, 69265.95, 68518.09 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['• Stocks turned lower and closed in the red on Thursday after the Dow briefly crossing 40,000 for the first time.\n• Markets are feeling optimistic after April inflation data was cooler than expected.\n• The S&P 500 failed to extend its gains after closing at a record high on Wednesday.\nStocks finished lower on Thursday, with indexes giving back gains from earlier in the day after the Dow Jones Industrial Average crossed 40,000 for the first time during the session.\nThe Dow failed to close above the key threshold, and the S&P 500 struggled to consolidate gains after hitting a record close on Wednesday. Markets were feeling upbeat after Wednesday\'s consumer price index data showed inflation rising at a slower pace in April, but some Federal Reserve speakers indicated on Thursday that there was still no rush to lower interest rates.\nRichmond Fed President Tom Barkin pointed to sticky services sector inflation, while earlier in the day New York Fed President John Williams told Reuters that he believes policy is "in a good place."\n"To get to 2% sustainably in the right kind of way, I just think it\'s going to take a little bit more time," Barkin told CNBC.\nBroadly, the Fed speakers on Thursday painted a picture of a central bank in no hurry to pivot as inflation remains above its 2% target. Rate cut bets were little changed on Thursday, with the market still seeing the strongest odds for the first cut in September.\nHere\'s where US indexes stood at the 4 p.m. closing bell on Thursday:\n• S&P 500:5,297.10, down 0.2%\n• Dow Jones Industrial Average:39,869.38, down 0.1% (39 points)\n• Nasdaq Composite:16,698.32, down 0.3%\nHere\'s what else is going on today:\n• Jamie Dimon says inflation is worsethan people think and a soft landing is a long shot.\n• The US isn\'t facing a stagflation threateven as growth slows, according to Bank of America.\n• Reddit users are questioning whether Keith Gillis the one post the memes that ignited the GameStop rally this week.\n• Investors shouldn\'t be clamoring for rate cutsthis summer, market vet Ed Yardeni says.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil rose 0.8% to $79.28 a barrel.Brent crude, the international benchmark, ticked higher 0.7% to $83.35 a barrel.\n• Golddipped 0.4% to $2,384 per ounce.\n• The 10-year Treasury yield rose two basis points to 4.383%.\n• Bitcoinwas down 1.2% to trade at $65,269.\nRead the original article onBusiness Insider', 'CF Benchmarks\' analysis of options onBitcoin (BTC)futures traded on the Chicago Mercantile Exchange (CME) reveals that investors are still willing to pay a premium for short-term downside protection, even in light of yesterday\'s softer U.S. Consumer Price Index (CPI) inflation report.\nAccording to CF Benchmark analysts, although Bitcoin experienced a breakout above $66,000 following the release of the inflation data, there is still a higher implied volatility for out-of-the-money (OTM) put options compared to calls. This indicates that derivatives traders are willing to pay elevated premiums for the OTM puts, suggesting a bearish short-term market sentiment. The increased implied volatility for OTM puts reflects traders\' hedging against a potential decline in bitcoin\'s value.\nWhile the short-term outlook appears bearish, the analysts note a "flatter" volatility curve for longer-dated puts and calls, with a slight skew towards calls. They suggest that this suggests investors hold a more optimistic view of Bitcoin\'s longer-term prospects. They further state that it will be interesting to observe if the skew towards calls increases should expectations of disinflation accelerate following the favorable CPI report.\nMeanwhile,accordingto reports from the Financial Times, the CME Group is reportedly considering the launch of Bitcoin spot trading alongside its existing futures products. The move aims to cater to traders who prefer dealing with cryptocurrencies on a regulated platform. The introduction of spot trading on CME would allow traders to profit from basis trades, exploiting the price difference between futures contracts and the underlying asset\'s spot price. However, the plan has not been finalized.', 'CF Benchmarks\' analysis of options onBitcoin (BTC)futures traded on the Chicago Mercantile Exchange (CME) reveals that investors are still willing to pay a premium for short-term downside protection, even in light of yesterday\'s softer U.S. Consumer Price Index (CPI) inflation report.\nAccording to CF Benchmark analysts, although Bitcoin experienced a breakout above $66,000 following the release of the inflation data, there is still a higher implied volatility for out-of-the-money (OTM) put options compared to calls. This indicates that derivatives traders are willing to pay elevated premiums for the OTM puts, suggesting a bearish short-term market sentiment. The increased implied volatility for OTM puts reflects traders\' hedging against a potential decline in bitcoin\'s value.\nWhile the short-term outlook appears bearish, the analysts note a "flatter" volatility curve for longer-dated puts and calls, with a slight skew towards calls. They suggest that this suggests investors hold a more optimistic view of Bitcoin\'s longer-term prospects. They further state that it will be interesting to observe if the skew towards calls increases should expectations of disinflation accelerate following the favorable CPI report.\nMeanwhile,accordingto reports from the Financial Times, the CME Group is reportedly considering the launch of Bitcoin spot trading alongside its existing futures products. The move aims to cater to traders who prefer dealing with cryptocurrencies on a regulated platform. The introduction of spot trading on CME would allow traders to profit from basis trades, exploiting the price difference between futures contracts and the underlying asset\'s spot price. However, the plan has not been finalized.', "More than 600 firms have unveiled substantial investments in spotBitcoinexchange-traded funds (ETFs) in their 13F filings submitted to the United States Securities and Exchange Commission (SEC) over the past week. According to the disclosed data, professional investment firms have declared ownership of Bitcoin ETFs amounting to a staggering $3.5 billion.\nMillennium Managementemergesas the largest investor in BTC ETFs, having allocated a whopping $1.9 billion. Their investments include $844.2 million in BlackRock's iShares Bitcoin Trust (IBIT), $806.7 million in Fidelity's Wise Origin Bitcoin Fund (FBTC), $202 million in the Grayscale Bitcoin Trust (GBTC), $45.0 million in the ARK 21Shares Bitcoin ETF (ARKB), and $44.7 million in the Bitwise Bitcoin ETF (BITB).\nFollowing closely is Schonfeld Strategic Advisors, a hedge fund managing $13 billion in assets, with a substantial investment of $248 million in BlackRock's ETF and an additional $231.8 million in Fidelity's fund, totaling $479 million.\nMorgan Stanley, one of the leading financial institutions, has disclosed a substantial investment of $269.9 million in GBTC, solidifying its position as one of the largest GBTC holders. Aristeia Capital, an alternative asset manager, has revealed a $163.4 million investment in IBIT.\nOther financial giants such as JPMorgan, Wells Fargo, UBS, BNP Paribas, and Royal Bank of Canada are also on the list of investors. While the recent weeks have witnessed a significant slowdown in inflows, spot Bitcoin ETFs experienced tremendous demand in the first three months following their launch in mid-January.", "More than 600 firms have unveiled substantial investments in spotBitcoinexchange-traded funds (ETFs) in their 13F filings submitted to the United States Securities and Exchange Commission (SEC) over the past week. According to the disclosed data, professional investment firms have declared ownership of Bitcoin ETFs amounting to a staggering $3.5 billion.\nMillennium Managementemergesas the largest investor in BTC ETFs, having allocated a whopping $1.9 billion. Their investments include $844.2 million in BlackRock's iShares Bitcoin Trust (IBIT), $806.7 million in Fidelity's Wise Origin Bitcoin Fund (FBTC), $202 million in the Grayscale Bitcoin Trust (GBTC), $45.0 million in the ARK 21Shares Bitcoin ETF (ARKB), and $44.7 million in the Bitwise Bitcoin ETF (BITB).\nFollowing closely is Schonfeld Strategic Advisors, a hedge fund managing $13 billion in assets, with a substantial investment of $248 million in BlackRock's ETF and an additional $231.8 million in Fidelity's fund, totaling $479 million.\nMorgan Stanley, one of the leading financial institutions, has disclosed a substantial investment of $269.9 million in GBTC, solidifying its position as one of the largest GBTC holders. Aristeia Capital, an alternative asset manager, has revealed a $163.4 million investment in IBIT.\nOther financial giants such as JPMorgan, Wells Fargo, UBS, BNP Paribas, and Royal Bank of Canada are also on the list of investors. While the recent weeks have witnessed a significant slowdown in inflows, spot Bitcoin ETFs experienced tremendous demand in the first three months following their launch in mid-January.", '• Coinbase said ether has the potential to surprise to the upside in the coming months.\n• The cryptocurrency unlikely to be displaced as the center of decentralized finance, the report said.\n• The market may be underestimating the timing and odds of a potential approval of a U.S. spot ether exchange-traded fund.\nEther {{ETH}} has underperformed the broader crypto market this year, but its long-term positioning remains strong and it has the potential to surprise to the upside, Coinbase (COIN) said in a research report on Wednesday.\nThe second-largest cryptocurrency by market value has risen 29% year-to-date, less than two-thirds the surge its larger rival bitcoin {{BTC}} which has gained 50%. The CoinDesk 20 Index (CD20), a measure of the broader crypto market, has advanced 28%.\n"Ether may have the po **Last 60 Days of Bitcoin's Closing Prices:** [67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-05-17 **Financial & Commodity Data:** - Gold Closing Price: $2412.20 - Crude Oil Closing Price: $80.06 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,291,887,471,750 - Hash Rate: 640665709.1361867 - Transaction Count: 573492.0 - Unique Addresses: 514199.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: MicroStrategy ONETMUsers can ask for AI-powered insights in natural language without relying on a dashboard, making it simple to incorporate business intelligence into every business decision TYSONS CORNER, Va., March 26, 2024--(BUSINESS WIRE)--MicroStrategy® Incorporated (Nasdaq: MSTR), a pioneer in AI-powered business intelligence, today announced the release of MicroStrategy AutoTM, the customizable AI bot that offers a faster, simpler way to deliver business intelligence to anyone in an organization. Auto is the latest enhancement toMicroStrategy AITM, released in October 2023, a first-to-market solution for rapidly building AI applications on trusted data. Auto AI Bot – Analytics for Everyone Lightweight and embeddable, Auto can be deployed as a stand-alone app in theMicroStrategy ONElibrary or embedded into third-party applications. It also offers complete customization to tailor its appearance, language style, and level of detail. And because it’s powered by generative AI, users can interact with the bot using natural language. As a result, Auto removes barriers to fast, effective decision-making by making applications smarter and putting enterprise analytics in the hands of users no matter what skill level or application they’re using. There’s no need to use a complex dashboard to get insights, and users can ask for information in ordinary language, making it effortless to incorporate business intelligence into business decision-making. Auto dramatically increases productivity and effectiveness for data consumers and data creators alike. For example, sales representatives in the field can quickly access detailed analytics on customer production volume or product failure rates with a single question to Auto during client negotiations. For data analysts, Auto eliminates many ad-hoc requests for report or dashboard enhancements by making end users more self-sufficient. With backlog reduced, data analysts can spend more time on projects that add strategic value to the organization. "We think using MicroStrategy AI will unlock huge value by providing a variety of users with deeper insights that previously required more clicks and more granularity to understand; it’s powerful for user self-service," said Nena Pidskalny, Director of Supply Chain Strategy and Planning for Federated Co-operatives Limited. Building on a Solid Generative AI Foundation MicroStrategy AI includes preconfigured applications ofAutofor specific uses, such as Auto SQL for automating SQL generation, Auto Dashboard for dynamically building dashboards from conversational queries, and Auto Answers for streamlining support queries within MicroStrategy ONE. MicroStrategy AI makes it easy for any user, regardless of analytic skill level, to interact with data using natural language. "Our modern cloud architecture, proven semantic graph, and robust APIs gave us the agility to lead the market with a solution that combines the latest generative AI with trusted BI," said Saurabh Abhyankar, Chief Product Officer at MicroStrategy. "And now, with Auto added to MicroStrategy AI, we’re enabling customers to build and deploy custom AI bots in minutes. But this is just the beginning. We have dozens of new features underway for MicroStrategy AI that will help every organization capitalize on our vision for Intelligence Everywhere." About MicroStrategy Incorporated MicroStrategy (Nasdaq: MSTR) considers itself the world’s first Bitcoin development company. The MicroStrategy software business develops and provides industry-leading AI-powered enterprise analytics software that promotes our vision of Intelligence EverywhereTM. Our flagship cloud-native platform, MicroStrategy ONE, is trusted by the most admired brands in the Fortune Global 500 to drive business agility, efficiency, and revenue. We also use our software development capabilities to develop Bitcoin applications. We believe the combination of our operating structure, bitcoin strategy and focus on technology innovation provides a unique opportunity for value creation. MicroStrategy, MicroStrategy AI, MicroStrategy Auto, MicroStrategy ONE, and Intelligence Everywhere are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners. For more information, please visitMicroStrategy Marketplace listingor contactMicroStrategy. View source version on businesswire.com:https://www.businesswire.com/news/home/20240326000411/en/ Contacts MicroStrategy IncorporatedBarbara DorfVice President, Brand and [email protected]... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
66940.80, 66278.37, 71448.20, 70136.53, 69122.34, 67929.56, 68526.10, 69265.95, 68518.09, 69394.55
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['• Stocks turned lower and closed in the red on Thursday after the Dow briefly crossing 40,000 for the first time.\n• Markets are feeling optimistic after April inflation data was cooler than expected.\n• The S&P 500 failed to extend its gains after closing at a record high on Wednesday.\nStocks finished lower on Thursday, with indexes giving back gains from earlier in the day after the Dow Jones Industrial Average crossed 40,000 for the first time during the session.\nThe Dow failed to close above the key threshold, and the S&P 500 struggled to consolidate gains after hitting a record close on Wednesday. Markets were feeling upbeat after Wednesday\'s consumer price index data showed inflation rising at a slower pace in April, but some Federal Reserve speakers indicated on Thursday that there was still no rush to lower interest rates.\nRichmond Fed President Tom Barkin pointed to sticky services sector inflation, while earlier in the day New York Fed President John Williams told Reuters that he believes policy is "in a good place."\n"To get to 2% sustainably in the right kind of way, I just think it\'s going to take a little bit more time," Barkin told CNBC.\nBroadly, the Fed speakers on Thursday painted a picture of a central bank in no hurry to pivot as inflation remains above its 2% target. Rate cut bets were little changed on Thursday, with the market still seeing the strongest odds for the first cut in September.\nHere\'s where US indexes stood at the 4 p.m. closing bell on Thursday:\n• S&P 500:5,297.10, down 0.2%\n• Dow Jones Industrial Average:39,869.38, down 0.1% (39 points)\n• Nasdaq Composite:16,698.32, down 0.3%\nHere\'s what else is going on today:\n• Jamie Dimon says inflation is worsethan people think and a soft landing is a long shot.\n• The US isn\'t facing a stagflation threateven as growth slows, according to Bank of America.\n• Reddit users are questioning whether Keith Gillis the one post the memes that ignited the GameStop rally this week.\n• Investors shouldn\'t be clamoring for rate cutsthis summer, market vet Ed Yardeni says.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil rose 0.8% to $79.28 a barrel.Brent crude, the international benchmark, ticked higher 0.7% to $83.35 a barrel.\n• Golddipped 0.4% to $2,384 per ounce.\n• The 10-year Treasury yield rose two basis points to 4.383%.\n• Bitcoinwas down 1.2% to trade at $65,269.\nRead the original article onBusiness Insider', 'CF Benchmarks\' analysis of options onBitcoin (BTC)futures traded on the Chicago Mercantile Exchange (CME) reveals that investors are still willing to pay a premium for short-term downside protection, even in light of yesterday\'s softer U.S. Consumer Price Index (CPI) inflation report.\nAccording to CF Benchmark analysts, although Bitcoin experienced a breakout above $66,000 following the release of the inflation data, there is still a higher implied volatility for out-of-the-money (OTM) put options compared to calls. This indicates that derivatives traders are willing to pay elevated premiums for the OTM puts, suggesting a bearish short-term market sentiment. The increased implied volatility for OTM puts reflects traders\' hedging against a potential decline in bitcoin\'s value.\nWhile the short-term outlook appears bearish, the analysts note a "flatter" volatility curve for longer-dated puts and calls, with a slight skew towards calls. They suggest that this suggests investors hold a more optimistic view of Bitcoin\'s longer-term prospects. They further state that it will be interesting to observe if the skew towards calls increases should expectations of disinflation accelerate following the favorable CPI report.\nMeanwhile,accordingto reports from the Financial Times, the CME Group is reportedly considering the launch of Bitcoin spot trading alongside its existing futures products. The move aims to cater to traders who prefer dealing with cryptocurrencies on a regulated platform. The introduction of spot trading on CME would allow traders to profit from basis trades, exploiting the price difference between futures contracts and the underlying asset\'s spot price. However, the plan has not been finalized.', 'CF Benchmarks\' analysis of options onBitcoin (BTC)futures traded on the Chicago Mercantile Exchange (CME) reveals that investors are still willing to pay a premium for short-term downside protection, even in light of yesterday\'s softer U.S. Consumer Price Index (CPI) inflation report.\nAccording to CF Benchmark analysts, although Bitcoin experienced a breakout above $66,000 following the release of the inflation data, there is still a higher implied volatility for out-of-the-money (OTM) put options compared to calls. This indicates that derivatives traders are willing to pay elevated premiums for the OTM puts, suggesting a bearish short-term market sentiment. The increased implied volatility for OTM puts reflects traders\' hedging against a potential decline in bitcoin\'s value.\nWhile the short-term outlook appears bearish, the analysts note a "flatter" volatility curve for longer-dated puts and calls, with a slight skew towards calls. They suggest that this suggests investors hold a more optimistic view of Bitcoin\'s longer-term prospects. They further state that it will be interesting to observe if the skew towards calls increases should expectations of disinflation accelerate following the favorable CPI report.\nMeanwhile,accordingto reports from the Financial Times, the CME Group is reportedly considering the launch of Bitcoin spot trading alongside its existing futures products. The move aims to cater to traders who prefer dealing with cryptocurrencies on a regulated platform. The introduction of spot trading on CME would allow traders to profit from basis trades, exploiting the price difference between futures contracts and the underlying asset\'s spot price. However, the plan has not been finalized.', "More than 600 firms have unveiled substantial investments in spotBitcoinexchange-traded funds (ETFs) in their 13F filings submitted to the United States Securities and Exchange Commission (SEC) over the past week. According to the disclosed data, professional investment firms have declared ownership of Bitcoin ETFs amounting to a staggering $3.5 billion.\nMillennium Managementemergesas the largest investor in BTC ETFs, having allocated a whopping $1.9 billion. Their investments include $844.2 million in BlackRock's iShares Bitcoin Trust (IBIT), $806.7 million in Fidelity's Wise Origin Bitcoin Fund (FBTC), $202 million in the Grayscale Bitcoin Trust (GBTC), $45.0 million in the ARK 21Shares Bitcoin ETF (ARKB), and $44.7 million in the Bitwise Bitcoin ETF (BITB).\nFollowing closely is Schonfeld Strategic Advisors, a hedge fund managing $13 billion in assets, with a substantial investment of $248 million in BlackRock's ETF and an additional $231.8 million in Fidelity's fund, totaling $479 million.\nMorgan Stanley, one of the leading financial institutions, has disclosed a substantial investment of $269.9 million in GBTC, solidifying its position as one of the largest GBTC holders. Aristeia Capital, an alternative asset manager, has revealed a $163.4 million investment in IBIT.\nOther financial giants such as JPMorgan, Wells Fargo, UBS, BNP Paribas, and Royal Bank of Canada are also on the list of investors. While the recent weeks have witnessed a significant slowdown in inflows, spot Bitcoin ETFs experienced tremendous demand in the first three months following their launch in mid-January.", "More than 600 firms have unveiled substantial investments in spotBitcoinexchange-traded funds (ETFs) in their 13F filings submitted to the United States Securities and Exchange Commission (SEC) over the past week. According to the disclosed data, professional investment firms have declared ownership of Bitcoin ETFs amounting to a staggering $3.5 billion.\nMillennium Managementemergesas the largest investor in BTC ETFs, having allocated a whopping $1.9 billion. Their investments include $844.2 million in BlackRock's iShares Bitcoin Trust (IBIT), $806.7 million in Fidelity's Wise Origin Bitcoin Fund (FBTC), $202 million in the Grayscale Bitcoin Trust (GBTC), $45.0 million in the ARK 21Shares Bitcoin ETF (ARKB), and $44.7 million in the Bitwise Bitcoin ETF (BITB).\nFollowing closely is Schonfeld Strategic Advisors, a hedge fund managing $13 billion in assets, with a substantial investment of $248 million in BlackRock's ETF and an additional $231.8 million in Fidelity's fund, totaling $479 million.\nMorgan Stanley, one of the leading financial institutions, has disclosed a substantial investment of $269.9 million in GBTC, solidifying its position as one of the largest GBTC holders. Aristeia Capital, an alternative asset manager, has revealed a $163.4 million investment in IBIT.\nOther financial giants such as JPMorgan, Wells Fargo, UBS, BNP Paribas, and Royal Bank of Canada are also on the list of investors. While the recent weeks have witnessed a significant slowdown in inflows, spot Bitcoin ETFs experienced tremendous demand in the first three months following their launch in mid-January.", '• Coinbase said ether has the potential to surprise to the upside in the coming months.\n• The cryptocurrency unlikely to be displaced as the center of decentralized finance, the report said.\n• The market may be underestimating the timing and odds of a potential approval of a U.S. spot ether exchange-traded fund.\nEther {{ETH}} has underperformed the broader crypto market this year, but its long-term positioning remains strong and it has the potential to surprise to the upside, Coinbase (COIN) said in a research report on Wednesday.\nThe second-largest cryptocurrency by market value has risen 29% year-to-date, less than two-thirds the surge its larger rival bitcoin {{BTC}} which has gained 50%. The CoinDesk 20 Index (CD20), a measure of the broader crypto market, has advanced 28%.\n"Ether may have the po **Last 60 Days of Bitcoin's Closing Prices:** [67548.59, 61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-05-17 **Financial & Commodity Data:** - Gold Closing Price: $2412.20 - Crude Oil Closing Price: $80.06 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,291,887,471,750 - Hash Rate: 640665709.1361867 - Transaction Count: 573492.0 - Unique Addresses: 514199.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: MicroStrategy ONETMUsers can ask for AI-powered insights in natural language without relying on a dashboard, making it simple to incorporate business intelligence into every business decision TYSONS CORNER, Va., March 26, 2024--(BUSINESS WIRE)--MicroStrategy® Incorporated (Nasdaq: MSTR), a pioneer in AI-powered business intelligence, today announced the release of MicroStrategy AutoTM, the customizable AI bot that offers a faster, simpler way to deliver business intelligence to anyone in an organization. Auto is the latest enhancement toMicroStrategy AITM, released in October 2023, a first-to-market solution for rapidly building AI applications on trusted data. Auto AI Bot – Analytics for Everyone Lightweight and embeddable, Auto can be deployed as a stand-alone app in theMicroStrategy ONElibrary or embedded into third-party applications. It also offers complete customization to tailor its appearance, language style, and level of detail. And because it’s powered by generative AI, users can interact with the bot using natural language. As a result, Auto removes barriers to fast, effective decision-making by making applications smarter and putting enterprise analytics in the hands of users no matter what skill level or application they’re using. There’s no need to use a complex dashboard to get insights, and users can ask for information in ordinary language, making it effortless to incorporate business intelligence into business decision-making. Auto dramatically increases productivity and effectiveness for data consumers and data creators alike. For example, sales representatives in the field can quickly access detailed analytics on customer production volume or product failure rates with a single question to Auto during client negotiations. For data analysts, Auto eliminates many ad-hoc requests for report or dashboard enhancements by making end users more self-sufficient. With backlog reduced, data analysts can spend more time on projects that add strategic value to the organization. "We think using MicroStrategy AI will unlock huge value by providing a variety of users with deeper insights that previously required more clicks and more granularity to understand; it’s powerful for user self-service," said Nena Pidskalny, Director of Supply Chain Strategy and Planning for Federated Co-operatives Limited. Building on a Solid Generative AI Foundation MicroStrategy AI includes preconfigured applications ofAutofor specific uses, such as Auto SQL for automating SQL generation, Auto Dashboard for dynamically building dashboards from conversational queries, and Auto Answers for streamlining support queries within MicroStrategy ONE. MicroStrategy AI makes it easy for any user, regardless of analytic skill level, to interact with data using natural language. "Our modern cloud architecture, proven semantic graph, and robust APIs gave us the agility to lead the market with a solution that combines the latest generative AI with trusted BI," said Saurabh Abhyankar, Chief Product Officer at MicroStrategy. "And now, with Auto added to MicroStrategy AI, we’re enabling customers to build and deploy custom AI bots in minutes. But this is just the beginning. We have dozens of new features underway for MicroStrategy AI that will help every organization capitalize on our vision for Intelligence Everywhere." About MicroStrategy Incorporated MicroStrategy (Nasdaq: MSTR) considers itself the world’s first Bitcoin development company. The MicroStrategy software business develops and provides industry-leading AI-powered enterprise analytics software that promotes our vision of Intelligence EverywhereTM. Our flagship cloud-native platform, MicroStrategy ONE, is trusted by the most admired brands in the Fortune Global 500 to drive business agility, efficiency, and revenue. We also use our software development capabilities to develop Bitcoin applications. We believe the combination of our operating structure, bitcoin strategy and focus on technology innovation provides a unique opportunity for value creation. MicroStrategy, MicroStrategy AI, MicroStrategy Auto, MicroStrategy ONE, and Intelligence Everywhere are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners. For more information, please visitMicroStrategy Marketplace listingor contactMicroStrategy. View source version on businesswire.com:https://www.businesswire.com/news/home/20240326000411/en/ Contacts MicroStrategy IncorporatedBarbara DorfVice President, Brand and [email protected]... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 66940.80, 66278.37, 71448.20, 70136.53, 69122.34, 67929.56, 68526.10, 69265.95, 68518.09, 69394.55 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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 Dietrich Knauth\nNEW YORK (Reuters) - Crypto lender Genesis Global received court approval on Friday to return about $3 billion in cash and cryptocurrency to its customers in a bankruptcy liquidation, leaving its owner, Digital Currency Group, with no recovery from the bankruptcy.\nU.S. Bankruptcy Judge Sean Lane approved Genesis’ Chapter 11 liquidation plan and overruled an objection raised by DCG, which had argued that Genesis should pay its customers and creditors no more than what the crypto assets were valued at in January 2023, when Genesis filed for bankruptcy.\nCrypto prices have risen sharply since Genesis filed for bankruptcy, and DCG and Genesis disagreed over who should benefit from the rise in prices. Bitcoin, for example, was worth $21,084 in January 2023, compared with its current price of $67,000.\nLane rejected DCG\'s objection, ruling that even if customer claims were capped at the lower prices, Genesis would have to pay many other creditors, including federal and state financial regulators that had asserted $32 billion in claims, before it was able to give money to its equity owner DCG.\n"There are nowhere near enough assets to provide any recovery to DCG in these cases," Lane wrote.\nGenesis is paying customers back in crypto where possible, but it does not have enough cryptocurrency to give back everything it owes.\nGenesis attorney Sean O\'Neal said Friday that the company disagreed with DCG\'s assertion that customers could be paid "in full" based on the lower cryptocurrency prices in January 2023.\n"We don\'t buy into the idea that claims are capped at the petition date value," O\'Neal said.\nGenesis estimated in February that it would be able to pay its customers up to 77% of the value of their claims, depending on future price fluctuations.\nDCG could not immediately be reached for comment late Friday.\n(Reporting by Dietrich Knauth; Editing by Sandra Maler and Leslie Adler)', '• US stocks traded mostly higher on Friday, with all 3 major indices sitting just below record highs.\n• A cool April CPI report buoyed hopes of Fed interest rate cuts later this year.\n• Investors will look to see if the gains can spill over into next week, which is set to be a busy one for AI developments.\nThe Dow Jones Industrial Average closed above 40,000 for the first time on Friday, closing out a strong week of gains fueled by upbeat inflation data midweek.\nThe index secured the closing milestone after briefly crossing it earlier in the week before sinking back down. Rate cut optimism fueled the gains for the week, withApril\'s consumer price index dataproviding the first positive news on the inflation front all year.\nThe S&P 500 rose about 1.5% for the week, buoyed by solid earnings results from consumer giant Walmart and anApril CPI report that showed cooling inflation.That CPI report boosted investor hopes that the Federal Reserve will cut interest rates later this year.\nInvestors will look to see if the stock market records can extend into next week, which is set to be a busy one for AI developments.\nMicrosoft will host multiple AI events, showcasing its newest hardware and software products, while Nvidia is set to report its first-quarter earnings results after the market close on Wednesday.\nFundstrat\'s Tom Lee said investors should keep buying stocks even with the recent record highs in stocks, as he expects more AI developments to push stock prices higher.\n"Overall, we expect these events/earnings to reinforce the improving visibility and capabilities of AI and the related spending. And as a consequence, will be an overall positive for Technology stocks and the broader market," Lee said in a note on Friday.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:5,303.30, up 0.12%\n• Dow Jones Industrial Average:40,004.35, up 0.34% (\n• Nasdaq composite:16,685.97 up 0.07%\nHere\'s what else happened today:\n• JPMorgan CEO Jamie Dimon warned that inflation is worse than people thinkand that the stock market is too optimistic about a soft landing.\n• BlackRock\'s global chief investment officer Rick Rieder said that in order to tame inflation further,the Fed might actually want to cut interest rates.\n• Billionaire investor Stanley Druckenmiller slashed his Nvidia stake by 72% last quarterand made a massive bet on small cap stocks.\n• The world\'s top golfer Scottie Scheffler was detained by police Friday morningoutside of the Louisville golf course that is hosting the PGA Championship.\n• A top OpenAI executive resigned from the company and warned aboutthe importance of preventing the development of dangerous AI technologies.\n• GameStop stock plunged on Friday after the company said it would sell up to 45 million sharesto raise cash and warned about a big drop in its first-quarter revenue.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped 1.04% to $79.56 a barrel.Brent crude, the international benchmark, rose 0.84% to $83.97 a barrel.\n• Goldedged higher by 1.48% to $2,420.70 per ounce.\n• The 10-year Treasury yield rose 4 basis points to 4.42%.\n• Bitcoinjumped 2.60% to $66,945.\nRead the original article onBusiness Insider', "Nangeng Zhang; Chairman of the Board, Chief Executive Officer; Canaan Inc\nJames Cheng; Chief Financial Officer; Canaan Inc\nKevin Dede; Analyst; H.C. Wainwright\nShuang Sun; Analyst; Guosheng Securities\nOperator\nLadies and gentlemen, thank you for standing by, and welcome to Canaan Inc's first quarter of 2024 earnings conference call. (Operator Instructions) Please note that this event is being recorded.The company's financial and operating results released by the newswire services earlier today and are currently available online. The company has also prepared a presentation for today's call. You may view the presentation and navigate through the slides and the webcast page for the first quarter 2024 earnings call on the company's IR website.Joining us today, Canaan Inc's Chairman and CEO, Mr. Nangeng Zhang; and CFO, Jin Cheng James. In addition, Mr. Leo Wang, Head of Capital Markets; 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 harbour statement in our earnings press released. 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 our earnings press release, which is posted on the company's website.And with that, I will turn the call over to our Chairman and CEO, Mr. Nangeng Zhang. Please go ahead, sir.\nNangeng Zhang\nHello, everyone. This is NG, CEO of Canaan. Thank you for joining our conference call. Our CFO, James and I are at the company's headquarters in Singapore to share our quarterly results with you. The first quarter of 2024 was the last quarter before Bitcoins fourth halving. During the Q4 of 2023 earnings call, I forecasted this to be a Super Wait-and-See Period. Based on the past experience in the last quarter before halving in Bitcoin systems, miners typically waits for the halving to actually occur and the market dynamics become stable before adjusting their investments and mining purchasing plans.They also tried to maintain the stable operation of the existing computing power to maximize the remaining value of their equipment. Therefore, transactions during this period are generally very flat. The only variable was a rapid fluctuation in bitcoin price during this quarter, reaching a historical high of USD33,000. We seized this opportunity to make maximum efforts in sales activities, selling a total computing power of 3.4 million tera hash per second, and achieving a total revenue of USD35 million, surpassing previous expectations.At the same time, participating our market recovery will continue to proactively prepare ROS expects in including the mass production of new products and R&D integration of next-generation products. Striving to improve mining operations and a complete power deployment, we maintain the close cooperation with our foundry partners on the supply side. Playing out compacity, the ones for the bull market, our efforts have yielded positive results.Now let me share with you one-by-one. In terms of research and development, we are delighted to announce that we officially launched our company's new generation of mining machine. So A15 series, as Bitcoin Asia 2024 in Hong Kong on May 9. So A15 series adopt more advanced designs and process node **Last 60 Days of Bitcoin's Closing Prices:** [61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-05-18 **Financial & Commodity Data:** - Gold Closing Price: $2412.20 - Crude Oil Closing Price: $80.06 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,322,368,984,569 - Hash Rate: 529065875.9318188 - Transaction Count: 401264.0 - Unique Addresses: 434371.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.73 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Since the Bitcoin networkcompletedits fourth“halving”on Friday evening, the price of the cryptocurrency has only risen slightly, as rewards for miners adding a new block to the blockchain were slashed to 3.125 from 6.25. Historically, halving leads to price surges, but the original cryptocurrency hasn’t yet gained 4% since the event, trading around $66,500 as of early Tuesday afternoon. There are various reasons for Bitcoin’s price remaining fairly steady so far, and HODLers may have to play the waiting game to reap the rewards, experts toldFortune. “The halving had no immediate impact on price. The market impact of Friday night’s movement from the fourth to the fifth epoch will be felt over the ensuing weeks and months,” Mark Connors, head of research at 3iQ, toldFortunein a note. He added that the extent to which prices change largely will depend on hashrate (the total computational power being used to mine Bitcoin). “Friday night,” Connors added, “was more about observing the expected programmatic shift materialize: Did it execute as expected? We now can check that box.” Bitcoin’s price hasn’t swung massively in either direction is the result of “buy the rumor, sell the news” investors pushing prices down, which may be why Bitcoin dropped 12% in the two weeks before the halving. This retreat was somewhat expected, Vetle Lunde, a senior analyst at K33 Research,previously toldFortune,because the halving had been both widely documented and was anticipated by the Bitcoin algorithm. The halving affects price due to media attention, historical precedents incentivizing traders, and supply scarcity, Laurence Smith, senior strategist at Consensys, said in a note. But the impact of these factors on markets can be slow, he added. "Media attention draws retail users that are slower to react than professional traders, who conversely, are more likely to be buying the rumor, selling the news, in anticipation of a price spike, which limits the immediate upside,” he said. Historically, the best day to sell Bitcoin has been 500 days after a halving, Markus Thielen, founder and head of 10x Research, previously toldFortune. Meanwhile, Bitcoin-related stocks have seen some dramatic gains. MicroStrategy, the largest corporate holder of Bitcoin, was trading near $1,350 midday Tuesday, roughly a 15% bump since Friday. Shares of top U.S. exchangeCoinbasewere up about 10%, to $235, meanwhile shares of Bitcoin miners have also gained, with Marathon Digital Holdings up 15%, to $9.28, and Riot Platforms up 25%, to $11.70. The subsequent price increase of the major miners suggests market confidence that they will continue to provide sufficient hashrate to ensure the functionality of the blockchain, despite the reduced rewards, by deploying more efficient hardware to maintain profitability, Matteo Greco, a research analyst at Fineqia International, toldFortunein a note. However, in the first 48 hours following the halving, the network’s hashrate dropped by around 5%, as miners either went offline or dialed down operations, to avoid losing money. “A decline in total hashrate post-halving shouldn’t be interpreted as a sign of stress within the mining industry but rather as a typical response to the event. Over time, the hashrate is expected to rebound as miners enhance efficiency and competition intensifies,” Greco said. As larger miners bought more efficient machines this year, Thomas Chippas, CEO of Argo Blockchain, anticipates that the total hashrate will increase when those computers arrive from manufacturers and are plugged into the network. “You’ll see more hashrates slowly come back online,” Chippas toldFortune.“The unknown factor, of course, is the rate of change of total hashrate on the network, the difficulty change [of production], and then the price of Bitcoin.” This story was originally featured onFortune.com... - Reddit Posts (Sample): [['u/Collector9999', 'For the people who wonder what is moving the price of silver right now', 32, '2024-05-18 00:37', 'https://www.reddit.com/r/Wallstreetsilver/comments/1cuid0d/for_the_people_who_wonder_what_is_moving_the/', "I guess a lot of new people want to know what is moving the price of silver right now. IMHO, I think there are several factors in play, but I think the most significant ones are those:\n\n1. The Chinese housing market crash \n\nDue to the crash, the demand for base metals is low, so the supply corrects. 70-80% of the silver is mined as a biproduct of other metals (iron, lead, zinc, copper, gold), and as base metals supply shrinks, this also squeezes the silver supply. \n\n2. The arbitrage trade\n\nThe price of silver at the Shanghai exchange is significantly higher. Due to the arbitrage opportunity, silver bought from the exchanges in USA and Europe is sold in Shanghai (easy money).\n\n3. Expectations of Fed rate cuts\n\nInflation finaly is slowing down, and the market is expecting rate cuts. This means the M2 money supply is probably going up again soon, and that's why not only silver, but gold and bitcoin also went up a lot recently.\n\nLet me know what is yoir opinion.", 'https://www.reddit.com/r/Wallstreetsilver/comments/1cuid0d/for_the_people_who_wonder_what_is_moving_the/', '1cuid0d', [['u/ajflo72', 33, '2024-05-18 01:22', 'https://www.reddit.com/r/Wallstreetsilver/comments/1cuid0d/for_the_people_who_wonder_what_is_moving_the/l4j06tx/', 'Inflation isnt slowing down. Thats another lie from Fed.', '1cuid0d'], ['u/Big_STONE3547', 18, '2024-05-18 04:10', 'https://www.reddit.com/r/Wallstreetsilver/comments/1cuid0d/for_the_people_who_wonder_what_is_moving_the/l4jmwqn/', 'China is going to brrr. They are feasting on metals before the yuan plummets.', '1cuid0d']]], ['u/nomadicandrew', 'What is a really popular thing that you know nothing about?', 164, '2024-05-18 01:31', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/', 'Bitcoin or cryptocurrencies for me, I completely missed the boat on that one and when I decided to read up on it the whole thing was beyond me.', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/', '1cuji79', [['u/Dimebag0352', 128, '2024-05-18 01:39', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j2ke7/', 'DoorDash, from what I understand, you basically pay more to have cold fast food delivered.', '1cuji79'], ['u/Fireball_Lore', 92, '2024-05-18 01:39', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j2l8k/', "I've tried watching summaries on KPop and it was one of the first times in my life I felt completely out of touch. \n\n Pretty people singing and dancing is a pretty easy to understand formula. But KPop feels vacuous to a degree I can't even understand it.", '1cuji79'], ['u/Helgafjell4Me', 30, '2024-05-18 01:40', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j2r7k/', "It's all a scam. It has no real value, it's just purely speculative BS fed by media hype and complex pseudo-technical bullshit. Some people have made a bunch of money off of it, but most have lost, some have lost everything. One of these days I believe it will all come crashing down, but for now it's still proving to be a lucrative pump and dump for people who time it right. Doesn't mean it's a good investment. It's risky AF. Many people can't even get their money out of it if they wanted to.", '1cuji79'], ['u/StubbornKindOfFellow', 169, '2024-05-18 01:41', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j2uvs/', 'Harry Potter. Never seen a single movie or read any of the book.', '1cuji79'], ['u/Inevitable-While-577', 31, '2024-05-18 01:42', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j30dw/', 'Spotify, Apple Music, and wherever else people get their music from. (I use an MP3 player!)', '1cuji79'], ['u/Rouge_and_Peasant', 143, '2024-05-18 01:42', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j30jt/', 'Video influencers. From Youtube to Tik Tok, I have never been able to name a single one of these people or recognize them. It is mind-boggling to me that some of them are the most famous people on the planet.', '1cuji79'], ['u/gnrlgumby', 96, '2024-05-18 01:43', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j38wc/', 'Oh like 99% of reality TV. Housewives, Vanderpump, below decks, bachelor…', '1cuji79'], ['u/bronzemat', 84, '2024-05-18 01:45', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j3f2y/', "Funko Pops. I truly don't get their appeal. They seem to be all cookie cutter looking, with very little changes, to each one. And, they're ugly too.", '1cuji79'], ['u/Eastern-Branch-3111', 74, '2024-05-18 01:48', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j3vpd/', 'Taylor Swift', '1cuji79'], ['u/Few-Way6556', 15, '2024-05-18 01:48', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j3wf1/', 'Sports. I generally understand the rules of the games and even could tell you a bunch of the names of professional teams, but I know nothing about who the current star players are, what teams are doing good, etcetera.\n\nI actually used to really enjoy baseball when I was a kid and I recently rediscovered my baseball card collection. Recently, I even bought a whole bunch of the cards from the 80’s that I always wanted (they’re pretty much worthless, by the way). But still, I have no interest in watching the game or following any modern players.', '1cuji79'], ['u/rearwindowpup', 12, '2024-05-18 01:50', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j43s0/', 'More is an understatement. I was going to try it once and it was gunna be like 30 bucks for some Taco Bell.', '1cuji79'], ['u/bronzemat', 17, '2024-05-18 01:51', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j4c1r/', 'Hopefully, a "Swifty" doesn\'t read this thread, or you\'ll be tarred and feathered.', '1cuji79'], ['u/jawnbaejaeger', 56, '2024-05-18 01:55', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j4vnb/', "Bridgerton\n\nEvery single thing I've heard about it just seems very, very straight romance with a side of queer-baiting, and no amount of attractive looking POC will get me to slog through that.", '1cuji79'], ['u/XFrankXGrimesX', 109, '2024-05-18 01:58', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j59xe/', "Video games. Sega Genesis was end of the line for me so yeah, I am really out of it.\n\nAnything to do with social media or influencers. I'd rather eat gravel.\n\nPodcasts. People have recommended to me podcasts with huge listenerships, top notch production values and it's two morons reading Wikipedia.", '1cuji79'], ['u/Guilty_Seesaw_1836', 29, '2024-05-18 01:58', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j5bxy/', 'Marvel movies', '1cuji79'], ['u/NachoNachoDan', 214, '2024-05-18 01:59', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j5dvp/', 'Marvel movies. No idea what’s going on with that', '1cuji79'], ['u/an_Aught', 18, '2024-05-18 02:12', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j77hn/', 'Never saw that dragon show', '1cuji79'], ['u/Vox_Mortem', 32, '2024-05-18 02:14', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j7ii6/', "The fees and markup are outrageous. I'll be like oh, let's have a lazy night and order in. And then I open the app, see the prices, and go put on some pants because I'm not going to pay 100% more to have some kid in a weed-infested 2010 Honda Civic leave it on my doorstep.", '1cuji79'], ['u/Kahnza', 13, '2024-05-18 02:21', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j8fvc/', 'I just Youtube for the rare occasion I want to listen to something', '1cuji79'], ['u/Kafkan_mindset', 68, '2024-05-18 02:26', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j94x8/', 'Blockchain. Literally couldn’t explain it if my life depended on it.', '1cuji79'], ['u/manicpixiepuke', 26, '2024-05-18 02:32', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j9y51/', 'Pumpkin spice. I don’t get its appeal.', '1cuji79'], ['u/EastTXJosh', 10, '2024-05-18 02:35', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jadrg/', 'Never seen Harry Potter or any of the Lord of the Rings.', '1cuji79'], ['u/ThxIHateItHere', 32, '2024-05-18 02:41', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jb2s2/', 'Swifties and Disney Adults need serious help. \n\nI have one coworker who bankrupted her family due to going to DL/DW six times a year.', '1cuji79'], ['u/LOUCIFER_315', 18, '2024-05-18 02:43', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jbcft/', 'Dragons and Titties', '1cuji79'], ['u/frizbeeguy1980', 14, '2024-05-18 02:43', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jbdst/', "Beer. Couldn't tell you what an IPA is or a bitter is or whatever else there is out there. Give me a b... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
66278.37, 71448.20, 70136.53, 69122.34, 67929.56, 68526.10, 69265.95, 68518.09, 69394.55, 68296.22
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:** ['By Dietrich Knauth\nNEW YORK (Reuters) - Crypto lender Genesis Global received court approval on Friday to return about $3 billion in cash and cryptocurrency to its customers in a bankruptcy liquidation, leaving its owner, Digital Currency Group, with no recovery from the bankruptcy.\nU.S. Bankruptcy Judge Sean Lane approved Genesis’ Chapter 11 liquidation plan and overruled an objection raised by DCG, which had argued that Genesis should pay its customers and creditors no more than what the crypto assets were valued at in January 2023, when Genesis filed for bankruptcy.\nCrypto prices have risen sharply since Genesis filed for bankruptcy, and DCG and Genesis disagreed over who should benefit from the rise in prices. Bitcoin, for example, was worth $21,084 in January 2023, compared with its current price of $67,000.\nLane rejected DCG\'s objection, ruling that even if customer claims were capped at the lower prices, Genesis would have to pay many other creditors, including federal and state financial regulators that had asserted $32 billion in claims, before it was able to give money to its equity owner DCG.\n"There are nowhere near enough assets to provide any recovery to DCG in these cases," Lane wrote.\nGenesis is paying customers back in crypto where possible, but it does not have enough cryptocurrency to give back everything it owes.\nGenesis attorney Sean O\'Neal said Friday that the company disagreed with DCG\'s assertion that customers could be paid "in full" based on the lower cryptocurrency prices in January 2023.\n"We don\'t buy into the idea that claims are capped at the petition date value," O\'Neal said.\nGenesis estimated in February that it would be able to pay its customers up to 77% of the value of their claims, depending on future price fluctuations.\nDCG could not immediately be reached for comment late Friday.\n(Reporting by Dietrich Knauth; Editing by Sandra Maler and Leslie Adler)', '• US stocks traded mostly higher on Friday, with all 3 major indices sitting just below record highs.\n• A cool April CPI report buoyed hopes of Fed interest rate cuts later this year.\n• Investors will look to see if the gains can spill over into next week, which is set to be a busy one for AI developments.\nThe Dow Jones Industrial Average closed above 40,000 for the first time on Friday, closing out a strong week of gains fueled by upbeat inflation data midweek.\nThe index secured the closing milestone after briefly crossing it earlier in the week before sinking back down. Rate cut optimism fueled the gains for the week, withApril\'s consumer price index dataproviding the first positive news on the inflation front all year.\nThe S&P 500 rose about 1.5% for the week, buoyed by solid earnings results from consumer giant Walmart and anApril CPI report that showed cooling inflation.That CPI report boosted investor hopes that the Federal Reserve will cut interest rates later this year.\nInvestors will look to see if the stock market records can extend into next week, which is set to be a busy one for AI developments.\nMicrosoft will host multiple AI events, showcasing its newest hardware and software products, while Nvidia is set to report its first-quarter earnings results after the market close on Wednesday.\nFundstrat\'s Tom Lee said investors should keep buying stocks even with the recent record highs in stocks, as he expects more AI developments to push stock prices higher.\n"Overall, we expect these events/earnings to reinforce the improving visibility and capabilities of AI and the related spending. And as a consequence, will be an overall positive for Technology stocks and the broader market," Lee said in a note on Friday.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:5,303.30, up 0.12%\n• Dow Jones Industrial Average:40,004.35, up 0.34% (\n• Nasdaq composite:16,685.97 up 0.07%\nHere\'s what else happened today:\n• JPMorgan CEO Jamie Dimon warned that inflation is worse than people thinkand that the stock market is too optimistic about a soft landing.\n• BlackRock\'s global chief investment officer Rick Rieder said that in order to tame inflation further,the Fed might actually want to cut interest rates.\n• Billionaire investor Stanley Druckenmiller slashed his Nvidia stake by 72% last quarterand made a massive bet on small cap stocks.\n• The world\'s top golfer Scottie Scheffler was detained by police Friday morningoutside of the Louisville golf course that is hosting the PGA Championship.\n• A top OpenAI executive resigned from the company and warned aboutthe importance of preventing the development of dangerous AI technologies.\n• GameStop stock plunged on Friday after the company said it would sell up to 45 million sharesto raise cash and warned about a big drop in its first-quarter revenue.\nIn commodities, bonds, and crypto:\n• West Texas Intermediatecrude oil jumped 1.04% to $79.56 a barrel.Brent crude, the international benchmark, rose 0.84% to $83.97 a barrel.\n• Goldedged higher by 1.48% to $2,420.70 per ounce.\n• The 10-year Treasury yield rose 4 basis points to 4.42%.\n• Bitcoinjumped 2.60% to $66,945.\nRead the original article onBusiness Insider', "Nangeng Zhang; Chairman of the Board, Chief Executive Officer; Canaan Inc\nJames Cheng; Chief Financial Officer; Canaan Inc\nKevin Dede; Analyst; H.C. Wainwright\nShuang Sun; Analyst; Guosheng Securities\nOperator\nLadies and gentlemen, thank you for standing by, and welcome to Canaan Inc's first quarter of 2024 earnings conference call. (Operator Instructions) Please note that this event is being recorded.The company's financial and operating results released by the newswire services earlier today and are currently available online. The company has also prepared a presentation for today's call. You may view the presentation and navigate through the slides and the webcast page for the first quarter 2024 earnings call on the company's IR website.Joining us today, Canaan Inc's Chairman and CEO, Mr. Nangeng Zhang; and CFO, Jin Cheng James. In addition, Mr. Leo Wang, Head of Capital Markets; 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 harbour statement in our earnings press released. 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 our earnings press release, which is posted on the company's website.And with that, I will turn the call over to our Chairman and CEO, Mr. Nangeng Zhang. Please go ahead, sir.\nNangeng Zhang\nHello, everyone. This is NG, CEO of Canaan. Thank you for joining our conference call. Our CFO, James and I are at the company's headquarters in Singapore to share our quarterly results with you. The first quarter of 2024 was the last quarter before Bitcoins fourth halving. During the Q4 of 2023 earnings call, I forecasted this to be a Super Wait-and-See Period. Based on the past experience in the last quarter before halving in Bitcoin systems, miners typically waits for the halving to actually occur and the market dynamics become stable before adjusting their investments and mining purchasing plans.They also tried to maintain the stable operation of the existing computing power to maximize the remaining value of their equipment. Therefore, transactions during this period are generally very flat. The only variable was a rapid fluctuation in bitcoin price during this quarter, reaching a historical high of USD33,000. We seized this opportunity to make maximum efforts in sales activities, selling a total computing power of 3.4 million tera hash per second, and achieving a total revenue of USD35 million, surpassing previous expectations.At the same time, participating our market recovery will continue to proactively prepare ROS expects in including the mass production of new products and R&D integration of next-generation products. Striving to improve mining operations and a complete power deployment, we maintain the close cooperation with our foundry partners on the supply side. Playing out compacity, the ones for the bull market, our efforts have yielded positive results.Now let me share with you one-by-one. In terms of research and development, we are delighted to announce that we officially launched our company's new generation of mining machine. So A15 series, as Bitcoin Asia 2024 in Hong Kong on May 9. So A15 series adopt more advanced designs and process node **Last 60 Days of Bitcoin's Closing Prices:** [61912.77, 67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-05-18 **Financial & Commodity Data:** - Gold Closing Price: $2412.20 - Crude Oil Closing Price: $80.06 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,322,368,984,569 - Hash Rate: 529065875.9318188 - Transaction Count: 401264.0 - Unique Addresses: 434371.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.73 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Since the Bitcoin networkcompletedits fourth“halving”on Friday evening, the price of the cryptocurrency has only risen slightly, as rewards for miners adding a new block to the blockchain were slashed to 3.125 from 6.25. Historically, halving leads to price surges, but the original cryptocurrency hasn’t yet gained 4% since the event, trading around $66,500 as of early Tuesday afternoon. There are various reasons for Bitcoin’s price remaining fairly steady so far, and HODLers may have to play the waiting game to reap the rewards, experts toldFortune. “The halving had no immediate impact on price. The market impact of Friday night’s movement from the fourth to the fifth epoch will be felt over the ensuing weeks and months,” Mark Connors, head of research at 3iQ, toldFortunein a note. He added that the extent to which prices change largely will depend on hashrate (the total computational power being used to mine Bitcoin). “Friday night,” Connors added, “was more about observing the expected programmatic shift materialize: Did it execute as expected? We now can check that box.” Bitcoin’s price hasn’t swung massively in either direction is the result of “buy the rumor, sell the news” investors pushing prices down, which may be why Bitcoin dropped 12% in the two weeks before the halving. This retreat was somewhat expected, Vetle Lunde, a senior analyst at K33 Research,previously toldFortune,because the halving had been both widely documented and was anticipated by the Bitcoin algorithm. The halving affects price due to media attention, historical precedents incentivizing traders, and supply scarcity, Laurence Smith, senior strategist at Consensys, said in a note. But the impact of these factors on markets can be slow, he added. "Media attention draws retail users that are slower to react than professional traders, who conversely, are more likely to be buying the rumor, selling the news, in anticipation of a price spike, which limits the immediate upside,” he said. Historically, the best day to sell Bitcoin has been 500 days after a halving, Markus Thielen, founder and head of 10x Research, previously toldFortune. Meanwhile, Bitcoin-related stocks have seen some dramatic gains. MicroStrategy, the largest corporate holder of Bitcoin, was trading near $1,350 midday Tuesday, roughly a 15% bump since Friday. Shares of top U.S. exchangeCoinbasewere up about 10%, to $235, meanwhile shares of Bitcoin miners have also gained, with Marathon Digital Holdings up 15%, to $9.28, and Riot Platforms up 25%, to $11.70. The subsequent price increase of the major miners suggests market confidence that they will continue to provide sufficient hashrate to ensure the functionality of the blockchain, despite the reduced rewards, by deploying more efficient hardware to maintain profitability, Matteo Greco, a research analyst at Fineqia International, toldFortunein a note. However, in the first 48 hours following the halving, the network’s hashrate dropped by around 5%, as miners either went offline or dialed down operations, to avoid losing money. “A decline in total hashrate post-halving shouldn’t be interpreted as a sign of stress within the mining industry but rather as a typical response to the event. Over time, the hashrate is expected to rebound as miners enhance efficiency and competition intensifies,” Greco said. As larger miners bought more efficient machines this year, Thomas Chippas, CEO of Argo Blockchain, anticipates that the total hashrate will increase when those computers arrive from manufacturers and are plugged into the network. “You’ll see more hashrates slowly come back online,” Chippas toldFortune.“The unknown factor, of course, is the rate of change of total hashrate on the network, the difficulty change [of production], and then the price of Bitcoin.” This story was originally featured onFortune.com... - Reddit Posts (Sample): [['u/Collector9999', 'For the people who wonder what is moving the price of silver right now', 32, '2024-05-18 00:37', 'https://www.reddit.com/r/Wallstreetsilver/comments/1cuid0d/for_the_people_who_wonder_what_is_moving_the/', "I guess a lot of new people want to know what is moving the price of silver right now. IMHO, I think there are several factors in play, but I think the most significant ones are those:\n\n1. The Chinese housing market crash \n\nDue to the crash, the demand for base metals is low, so the supply corrects. 70-80% of the silver is mined as a biproduct of other metals (iron, lead, zinc, copper, gold), and as base metals supply shrinks, this also squeezes the silver supply. \n\n2. The arbitrage trade\n\nThe price of silver at the Shanghai exchange is significantly higher. Due to the arbitrage opportunity, silver bought from the exchanges in USA and Europe is sold in Shanghai (easy money).\n\n3. Expectations of Fed rate cuts\n\nInflation finaly is slowing down, and the market is expecting rate cuts. This means the M2 money supply is probably going up again soon, and that's why not only silver, but gold and bitcoin also went up a lot recently.\n\nLet me know what is yoir opinion.", 'https://www.reddit.com/r/Wallstreetsilver/comments/1cuid0d/for_the_people_who_wonder_what_is_moving_the/', '1cuid0d', [['u/ajflo72', 33, '2024-05-18 01:22', 'https://www.reddit.com/r/Wallstreetsilver/comments/1cuid0d/for_the_people_who_wonder_what_is_moving_the/l4j06tx/', 'Inflation isnt slowing down. Thats another lie from Fed.', '1cuid0d'], ['u/Big_STONE3547', 18, '2024-05-18 04:10', 'https://www.reddit.com/r/Wallstreetsilver/comments/1cuid0d/for_the_people_who_wonder_what_is_moving_the/l4jmwqn/', 'China is going to brrr. They are feasting on metals before the yuan plummets.', '1cuid0d']]], ['u/nomadicandrew', 'What is a really popular thing that you know nothing about?', 164, '2024-05-18 01:31', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/', 'Bitcoin or cryptocurrencies for me, I completely missed the boat on that one and when I decided to read up on it the whole thing was beyond me.', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/', '1cuji79', [['u/Dimebag0352', 128, '2024-05-18 01:39', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j2ke7/', 'DoorDash, from what I understand, you basically pay more to have cold fast food delivered.', '1cuji79'], ['u/Fireball_Lore', 92, '2024-05-18 01:39', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j2l8k/', "I've tried watching summaries on KPop and it was one of the first times in my life I felt completely out of touch. \n\n Pretty people singing and dancing is a pretty easy to understand formula. But KPop feels vacuous to a degree I can't even understand it.", '1cuji79'], ['u/Helgafjell4Me', 30, '2024-05-18 01:40', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j2r7k/', "It's all a scam. It has no real value, it's just purely speculative BS fed by media hype and complex pseudo-technical bullshit. Some people have made a bunch of money off of it, but most have lost, some have lost everything. One of these days I believe it will all come crashing down, but for now it's still proving to be a lucrative pump and dump for people who time it right. Doesn't mean it's a good investment. It's risky AF. Many people can't even get their money out of it if they wanted to.", '1cuji79'], ['u/StubbornKindOfFellow', 169, '2024-05-18 01:41', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j2uvs/', 'Harry Potter. Never seen a single movie or read any of the book.', '1cuji79'], ['u/Inevitable-While-577', 31, '2024-05-18 01:42', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j30dw/', 'Spotify, Apple Music, and wherever else people get their music from. (I use an MP3 player!)', '1cuji79'], ['u/Rouge_and_Peasant', 143, '2024-05-18 01:42', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j30jt/', 'Video influencers. From Youtube to Tik Tok, I have never been able to name a single one of these people or recognize them. It is mind-boggling to me that some of them are the most famous people on the planet.', '1cuji79'], ['u/gnrlgumby', 96, '2024-05-18 01:43', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j38wc/', 'Oh like 99% of reality TV. Housewives, Vanderpump, below decks, bachelor…', '1cuji79'], ['u/bronzemat', 84, '2024-05-18 01:45', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j3f2y/', "Funko Pops. I truly don't get their appeal. They seem to be all cookie cutter looking, with very little changes, to each one. And, they're ugly too.", '1cuji79'], ['u/Eastern-Branch-3111', 74, '2024-05-18 01:48', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j3vpd/', 'Taylor Swift', '1cuji79'], ['u/Few-Way6556', 15, '2024-05-18 01:48', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j3wf1/', 'Sports. I generally understand the rules of the games and even could tell you a bunch of the names of professional teams, but I know nothing about who the current star players are, what teams are doing good, etcetera.\n\nI actually used to really enjoy baseball when I was a kid and I recently rediscovered my baseball card collection. Recently, I even bought a whole bunch of the cards from the 80’s that I always wanted (they’re pretty much worthless, by the way). But still, I have no interest in watching the game or following any modern players.', '1cuji79'], ['u/rearwindowpup', 12, '2024-05-18 01:50', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j43s0/', 'More is an understatement. I was going to try it once and it was gunna be like 30 bucks for some Taco Bell.', '1cuji79'], ['u/bronzemat', 17, '2024-05-18 01:51', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j4c1r/', 'Hopefully, a "Swifty" doesn\'t read this thread, or you\'ll be tarred and feathered.', '1cuji79'], ['u/jawnbaejaeger', 56, '2024-05-18 01:55', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j4vnb/', "Bridgerton\n\nEvery single thing I've heard about it just seems very, very straight romance with a side of queer-baiting, and no amount of attractive looking POC will get me to slog through that.", '1cuji79'], ['u/XFrankXGrimesX', 109, '2024-05-18 01:58', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j59xe/', "Video games. Sega Genesis was end of the line for me so yeah, I am really out of it.\n\nAnything to do with social media or influencers. I'd rather eat gravel.\n\nPodcasts. People have recommended to me podcasts with huge listenerships, top notch production values and it's two morons reading Wikipedia.", '1cuji79'], ['u/Guilty_Seesaw_1836', 29, '2024-05-18 01:58', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j5bxy/', 'Marvel movies', '1cuji79'], ['u/NachoNachoDan', 214, '2024-05-18 01:59', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j5dvp/', 'Marvel movies. No idea what’s going on with that', '1cuji79'], ['u/an_Aught', 18, '2024-05-18 02:12', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j77hn/', 'Never saw that dragon show', '1cuji79'], ['u/Vox_Mortem', 32, '2024-05-18 02:14', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j7ii6/', "The fees and markup are outrageous. I'll be like oh, let's have a lazy night and order in. And then I open the app, see the prices, and go put on some pants because I'm not going to pay 100% more to have some kid in a weed-infested 2010 Honda Civic leave it on my doorstep.", '1cuji79'], ['u/Kahnza', 13, '2024-05-18 02:21', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j8fvc/', 'I just Youtube for the rare occasion I want to listen to something', '1cuji79'], ['u/Kafkan_mindset', 68, '2024-05-18 02:26', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j94x8/', 'Blockchain. Literally couldn’t explain it if my life depended on it.', '1cuji79'], ['u/manicpixiepuke', 26, '2024-05-18 02:32', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4j9y51/', 'Pumpkin spice. I don’t get its appeal.', '1cuji79'], ['u/EastTXJosh', 10, '2024-05-18 02:35', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jadrg/', 'Never seen Harry Potter or any of the Lord of the Rings.', '1cuji79'], ['u/ThxIHateItHere', 32, '2024-05-18 02:41', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jb2s2/', 'Swifties and Disney Adults need serious help. \n\nI have one coworker who bankrupted her family due to going to DL/DW six times a year.', '1cuji79'], ['u/LOUCIFER_315', 18, '2024-05-18 02:43', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jbcft/', 'Dragons and Titties', '1cuji79'], ['u/frizbeeguy1980', 14, '2024-05-18 02:43', 'https://www.reddit.com/r/Xennials/comments/1cuji79/what_is_a_really_popular_thing_that_you_know/l4jbdst/', "Beer. Couldn't tell you what an IPA is or a bitter is or whatever else there is out there. Give me a b... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 66278.37, 71448.20, 70136.53, 69122.34, 67929.56, 68526.10, 69265.95, 68518.09, 69394.55, 68296.22 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
This is a placeholder for your thinking process.
You are an expert financial analyst. Your primary task is to 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 average investor likes to turn to the professionals when it comes to finding potentially lucrative investment ideas. Given her standing as an expert in the area of disruptive and innovative businesses, it makes sense whyCathie Woodis closely watched.\nWood and her firm, Ark Invest, are incredibly bullish on a top cryptocurrency that they believe could skyrocket $3.8 million by 2030. This is a truly lofty target that would catch anyone's attention.\nBut does this mean the digital asset is a no-brainer buy?\nIn January of this year, Cathie Wood set a 2030 price target forBitcoin(CRYPTO: BTC)of $1.5 million. Based on this leading digital asset's price of $44,000 at the start of 2023, this would imply a whopping 34-fold gain over the next seven years. This outlook was provided right after the highly anticipated approval ofBitcoin spot exchange-traded funds (ETFs).\nMore recently, in March, Wood upped her price target, now saying that if institutions were to allocate 5% or more of their portfolios to Bitcoin, it could soar to $3.8 million per coin. At that level, the asset would carry a monster market cap of $75 trillion, making it about three times more valuable than U.S. GDP.\nAnd it implies that Bitcoin could rise almost 58-fold in the next seven years from its price on May 16, translating to an annualized gain of 79%. This would undoubtedly outperform probably every single asset out there.\nBesides the ETF approvals, Ark Invest points to therecent halvingas a key catalyst that can drive the price higher over the next 12 to 18 months, just as it has done in previous cycles. More clarity from regulators can also help drive institutional adoption.\nWood calls out how Bitcoin can help diversify one's portfolio. And it's hard to argue with Bitcoin's historical track record, rising 800% just in the past five years, of significantly raising one's purchasing power.\nCathie Wood and Ark Invest are known for making outlandish projections that make you scratch your head and wonder just how likely these outcomes are. I view the Bitcoin price target of $3.8 million in the same way. In my opinion, it could just be a marketing ploy to raise more assets for her firm's Bitcoin ETF product. This means investors should temper their expectations.\nBut to be clear, just because Bitcoin probably won't rise 79% per year between now and 2030 doesn't mean investors should completely discard it. I believe this crypto should still be on every investor's radar, particularly those who have a long time horizon. If you're someone who's close to or in retirement, then perhaps it's best to stay away.\nThis is an asset that investors should only buy if they plan to own it for the next five to 10 years, at least. It can take a long time for things to play out withblockchain technologyas well as regulatory developments. And the vast majority of capital out there isn't even anywhere close to wanting to own Bitcoin, as stocks, bonds, and real estate still reign supreme.\nInvestors must also be prepared, both financially and psychologically, for the extreme volatility that is sure to happen. Bitcoin has experienced multiple drawdowns in the past of greater than 50%. This just means you should only put as much money in that results in you not losing sleep at night when sizable price swings happen.\nHoping that Bitcoin reaches $3.8 million per coin seems like a pipe dream. Regardless, this top crypto could still work out as a very successful investment over time.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $566,624!*\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*.\nSee the 10 stocks »\n*Stock Advisor returns as of May 13, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n1 Top Cryptocurrency That Could Soar 5,700%, According to Cathie Wood. Is It a Buy?was originally published by The Motley Fool", 'In aiming to revolutionize cross-border payments by introducing a fast and secure blockchain-based alternative to cumbersome banking networks, Ripple\'sXRP(CRYPTO: XRP)has become one of the most popular cryptocurrencies on the market today.\nIt currently ranks in the top 10 most valuable cryptocurrencies and has demonstrated remarkable resilience. It continued to rise in price even as it faced regulatory challenges. With controversy in the rearview and the prospects of a crypto bull market looming, 2025 could shape up to be a great year for the cryptocurrency.\nThe saying "A rising tide lifts all boats" typically holds true in crypto, meaning that during bull markets, the prices of many cryptocurrencies tend to rise together. This phenomenon has been observed in the past, whenBitcoin, the most valuable cryptocurrency, surged and ended up pulling the value of other digital assets along with it.\nBut how high canXRPgo by 2025? The honest truth is that only time will tell. While several cryptocurrencies are trading near all-time highs as this crypto bull market has picked up steam, XRP remains well off its record peak of $3.\nPerhaps this will change as this bull market progresses into 2025, but for now it remains uncertain. Cryptocurrency prices are influenced by a multitude of factors, including market sentiment, regulatory developments, technological advancements, and macroeconomic trends. Any significant changes in these areas could affect the value of XRP in unpredictable ways.\nThe good news is that things look bright for XRP. It successfullyovercamea lawsuit from the Securities and Exchange Commission in July 2023 and recently unveiled plans to launch a new stablecoin. If it can keep up the achievements, then XRP may experience notable growth in 2025. However, predicting its exact value remains challenging.\nEven though XRP might be shaping up, investors should approach cryptocurrency investments with caution, conducting thorough research and diversifying their portfolios to mitigate risk. Ultimately, the future value of XRP will depend on a complex interplay of factors, making it impossible to make precise forecasts.\nBefore you buy stock in XRP, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and XRP wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $566,624!*\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*.\nSee the 10 stocks »\n*Stock Advisor returns as of May 13, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and XRP. The Motley Fool has adisclosure policy.\nWhat Will 1 XRP Be Worth in 2025?was originally published by The Motley Fool', 'A growing number of crypto investors now think thatBitcoin(CRYPTO: BTC)could hit a price of $1 million within the next few years. In addition to Cathie Wood of Ark Invest, who famously predicted a $1 million price in 2022, there\'s now Jack Dorsey, co-founder and former CEO of Twitter. In a recent interview, Dorsey suggested that Bitcoin is going to "at least a million" by 2030.\nWhat makes this forecast so interesting is that it\'s not coming from a Wall Street investment firm. Instead, it\'s coming from the perspective of a technologist with an intimate knowledge of howBitcoinworks, and not just how it trades. So if Jack Dorsey is bullish on Bitcoin, should you be too?\nThere are two classic ways that investors think about Bitcoin. The first approach is to think about Bitcoin as a commodity. From this perspective, Bitcoin is "digital gold" and a store of value, and should be hoarded much like physical gold. The second approach is to think about Bitcoin as a digital currency. From this perspective, Bitcoin functions primarily as a payment mechanism and means of exchange.\nBut there\'s a third way of thinking about Bitcoin -- as a technology. That\'s how Dorsey is thinking about Bitcoin. He sees it as a blockchain-based technology that is capable of disrupting the modern financial system. And he\'s focused first and foremost on Bitcoin\'s flourishing ecosystem, which includes everyone from Bitcoin miners to companies creating new Bitcoin payment technologies.\nAccording to Dorsey, every single person who touches Bitcoin in a significant way helps to make it better. He should know: Over the past few years, Dorsey has famously collaborated on a number of Bitcoin-related projects.Dorsey\'s latest project is Ocean, which is a new Bitcoin mining initiative.\nGiven the emphasis that Dorsey places on Bitcoin as a technology, perhaps it\'s only natural to ask: "Just how much is the Bitcoin technological ecosystem worth when it comes to valuing Bitcoin?"\nThat\'s a great question, but I\'m not sure if anyone has really answered it in a satisfactory way. Cathie Wood of Ark Invest has perhaps come closest, with her focus on the primary use cases of Bitcoin. For example, in Ark Invest\'s 2023 "Big Ideas" report, she highlighted various roles that Bitcoin can play, including as a remitt **Last 60 Days of Bitcoin's Closing Prices:** [67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88, 66940.80] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2024-05-19 **Financial & Commodity Data:** - Gold Closing Price: $2412.20 - Crude Oil Closing Price: $80.06 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,319,814,061,562 - Hash Rate: 636532381.9804695 - Transaction Count: 644119.0 - Unique Addresses: 405155.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Thematic exchange-traded funds, or ETFs, allow you to invest in a number of the hottest trends and industries — fromblockchainto cloud computing, andclean energyto cybersecurity. Thematic ETFs are an easy way to play a trend rather than trying to pick a winner, allowing you to ride the wave that’s carrying the whole sector. Here are some thematic ETFs in the market’s hottest industries, including how big they are, their largest positions and how much they’ll cost you to own. A thematic ETF is a fund that offers the opportunity to invest based on a particular theme, such as climate change or artificial intelligence. The ETF then holds companies that should benefit from that trend. While traditional ETFs are often based on a broad market index where investors can achieve diversification at a low cost, you likely won’t be sufficiently diversified just by owning a thematic ETF, because the companies’ fortunes will be heavily tied to the same underlying trend. These thematic ETFs often have playful ticker symbols indicating what they are. For example, the symbol for the cloud computing fund is SKYY. Below are seven of the best thematic funds that invest in some of the market’s hottest industries, with data as of Apr. 8, 2024. This index ETF invests in companies that make money in cloud computing, a sector of the market that supplies on-demand services via the internet, such as data storage or computing power. The ETF has enjoyed a 10.3 percent annualized return in the previous five years. The fund caps the position size of each stock to 4.5 percent of total assets. • Top 5 holdings: Alphabet, IBM, Oracle, Arista Networks and Microsoft • Net assets: $3.1 billion • Expense ratio: 0.60 percent Thisactively managed ETFinvests in what the fund manager calls disruptive innovation, new products or services that could dramatically shift how the world works. Investments include genomics stocks, energy and automation technologies, shared infrastructure and services as well as fintech innovators. Over the last five years, the ETF averaged 0.6 percent annually. • Top 5 holdings: Tesla, Block, Coinbase Global, Roku and UiPath • Net assets: $7.2 billion • Expense ratio: 0.75 percent This index ETF invests in companies that could benefit from the proliferation of robotics andartificial intelligence, including such products as industrial robots and automation as well as autonomous driving. The fund tracks the Indxx Global Robotics & Artificial Intelligence Index. The ETF has returned about 8.9 percent annually over the past five years. • Top 5 holdings: NVIDIA, Keyence, Intuitive Surgical, ABB and SMC • Net assets: $2.8 billion • Expense ratio: 0.68 percent This fund’s ticker symbol indicates what it invests in – cybersecurity companies – and it tracks the Nasdaq CTA Cybersecurity Index. More specifically, it owns cybersecurity companies in the technology and industrial sectors, including those protecting networks, computers and mobile devices. The fund returned about 15.2 percent annually over the last five years. • Top 5 holdings: Palo Alto Networks, Infosys, CrowdStrike, Cisco Systems and Broadcom • Net assets: $6.6 billion • Expense ratio: 0.59 percent This fund is sponsored by BlackRock, one of the world’s largest fund companies, and it tracks an index of global clean energy companies, including those involved with solar, wind and other renewable sources. The fund returned about 8.0 percent annually over the previous five years. • Top 5 holdings: Vestas Wind Systems, Enphase Energy, First Solar, Orsted and NEXTracker • Net assets: $2.4 billion • Expense ratio: 0.41 percent Medical technology is one of the most exciting industries, and this actively managed fund is looking for those companies that can extend and improve human life through technological and scientific breakthroughs, and include those working with gene editing, stem cells and targeted therapeutics. The fund lost about -3.3 percent annually over the prior five years. • Top 5 holdings: CRSPR Therapeutics, Twist Bioscience,  Exact Sciences, Recursion Pharmaceuticals and Beam Therapeutics • Net assets: $1.5 billion • Expense ratio: 0.75 percent Like its name suggests, this actively managed ETF invests in companies that develop and useblockchain technologies,the process behind cryptocurrency such as Bitcoin. The fund is relatively new, having been founded in January 2018, and so it’s also relatively small. The fund returned around 18.1 percent annually over the past five years. • Top 5 holdings: MicroStrategy, Coinbase Global, Beyond, Cleanspark and Galaxy Digital • Net assets: $701.8 million • Expense ratio: 0.76 percent While ETFs first began as a cheap way to invest in theStandard & Poor’s 500 Index, they’re now a way to buy slices of any “exposure” you want. Looking for a specific country, industry or investing style? It’s a good bet there’s an ETF doing what you’re looking for. For example, new thematic ETFs get you a slice of red-hot industries. Thematic ETFs allow investors who don’t want to do all the analytical work on individual companies to simply buy the industry or trend. So if you see the potential in cloud computing, you can buy the ETF and get a diversified cross-section of the industry at low expense and hassle. Most ETFs work by replicating a specific weighted index of stocks, and thematic ETFs are often no different. They’ll buy whatever stock is in the index and weight it accordingly in the portfolio. By buying one share of the ETF you’re buying a stake in all the companies in the fund, gaining quick exposure to the theme and anarrow diversification across the companies there. For that privilege, you’ll pay the fund manager anexpense ratio. That’s a management fee measured as a percentage of the money you have invested in the fund. While the cost is quoted at an annual rate, the fee is deducted almost undetectably each day from the fund’s value. If there’s a downside, the fund could be seriously hurt if something hits the sector or investors decide they don’t like it, and a thematic ETF’s narrow diversification won’t help reduce this risk. Thematic ETFs are somewhat more expensive than some of the most popular index ETFs such as those based on the S&P 500. Fees on those popular funds can run less than 0.1 percent per year. In other words, you’ll pay $10 for every $10,000 you have invested in the fund. While thematic ETF fees may be pricier than these cheap funds, they’re largely in line with the average expense ratio. Typically they’ll charge somewhere between 0.5 and 0.75 percent, meaning you’ll ultimately spend between $50 and $75 each year for every $10,000 invested. Thematic ETFs are popular for a number of reasons, but they also have some drawbacks. Here are some of the most important pros and cons of this approach. • Flexibility– Thematic ETFs offer investors a way to invest in a targeted “slice” of the market quickly and then sell it just as easily if they think the opportunity has run its course. • Diversification– Thematic ETFs may offer narrow diversification (all companies in a given industry) or broader diversification (companies across industries), but either way they put your eggs in more than one basket, reducing your risk. • Ease– Rather than needing to research and buy multiple stocks, you can know less about the individual companies and get in and out of the market with one transaction. • Low cost– You’ll pay a fee to the fund company running the ETF, but it’s often not so expensive for the diversification and expertise offered by the manager. • Higher risk than more diversified funds– A thematic ETF may be exposed to certain risks – such as declining multiples on growth stocks or specific sector risks – that make them riskier than more broadly diversified funds such as an S&P 500 index fund. • Volatility– Higher risk can translate into higher volatility, both on the upside and downside, especially for narrowly diversified funds. • May need to more actively manage– If you’re trying to use thematic ETFs to play a hot trend, you may want to actively manage them more so than you would for a typical broadly diversified index fund such as the S&P 500, where passive investing is a better approach. From low costs to instant diversification to the ability to invest in a hot sector in one click,ETFs offer investors a lot of benefits. However, as you’re investing in these funds, pay attention to their holdings, because some funds won’t always own what their name indicates. You want to get what you’re paying for and not a high-priced fund with the same stocks as every other fund. Editorial Disclaimer: All investors are advised to conduct their own independent research into investment strategies before making an investment decision. In addition, investors are advised that past investment product performance is no guarantee of future price appreciation.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
71448.20, 70136.53, 69122.34, 67929.56, 68526.10, 69265.95, 68518.09, 69394.55, 68296.22, 67578.09
You are an expert financial analyst. Your primary task is to 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 average investor likes to turn to the professionals when it comes to finding potentially lucrative investment ideas. Given her standing as an expert in the area of disruptive and innovative businesses, it makes sense whyCathie Woodis closely watched.\nWood and her firm, Ark Invest, are incredibly bullish on a top cryptocurrency that they believe could skyrocket $3.8 million by 2030. This is a truly lofty target that would catch anyone's attention.\nBut does this mean the digital asset is a no-brainer buy?\nIn January of this year, Cathie Wood set a 2030 price target forBitcoin(CRYPTO: BTC)of $1.5 million. Based on this leading digital asset's price of $44,000 at the start of 2023, this would imply a whopping 34-fold gain over the next seven years. This outlook was provided right after the highly anticipated approval ofBitcoin spot exchange-traded funds (ETFs).\nMore recently, in March, Wood upped her price target, now saying that if institutions were to allocate 5% or more of their portfolios to Bitcoin, it could soar to $3.8 million per coin. At that level, the asset would carry a monster market cap of $75 trillion, making it about three times more valuable than U.S. GDP.\nAnd it implies that Bitcoin could rise almost 58-fold in the next seven years from its price on May 16, translating to an annualized gain of 79%. This would undoubtedly outperform probably every single asset out there.\nBesides the ETF approvals, Ark Invest points to therecent halvingas a key catalyst that can drive the price higher over the next 12 to 18 months, just as it has done in previous cycles. More clarity from regulators can also help drive institutional adoption.\nWood calls out how Bitcoin can help diversify one's portfolio. And it's hard to argue with Bitcoin's historical track record, rising 800% just in the past five years, of significantly raising one's purchasing power.\nCathie Wood and Ark Invest are known for making outlandish projections that make you scratch your head and wonder just how likely these outcomes are. I view the Bitcoin price target of $3.8 million in the same way. In my opinion, it could just be a marketing ploy to raise more assets for her firm's Bitcoin ETF product. This means investors should temper their expectations.\nBut to be clear, just because Bitcoin probably won't rise 79% per year between now and 2030 doesn't mean investors should completely discard it. I believe this crypto should still be on every investor's radar, particularly those who have a long time horizon. If you're someone who's close to or in retirement, then perhaps it's best to stay away.\nThis is an asset that investors should only buy if they plan to own it for the next five to 10 years, at least. It can take a long time for things to play out withblockchain technologyas well as regulatory developments. And the vast majority of capital out there isn't even anywhere close to wanting to own Bitcoin, as stocks, bonds, and real estate still reign supreme.\nInvestors must also be prepared, both financially and psychologically, for the extreme volatility that is sure to happen. Bitcoin has experienced multiple drawdowns in the past of greater than 50%. This just means you should only put as much money in that results in you not losing sleep at night when sizable price swings happen.\nHoping that Bitcoin reaches $3.8 million per coin seems like a pipe dream. Regardless, this top crypto could still work out as a very successful investment over time.\nBefore you buy stock in Bitcoin, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $566,624!*\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*.\nSee the 10 stocks »\n*Stock Advisor returns as of May 13, 2024\nNeil Pateland his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has adisclosure policy.\n1 Top Cryptocurrency That Could Soar 5,700%, According to Cathie Wood. Is It a Buy?was originally published by The Motley Fool", 'In aiming to revolutionize cross-border payments by introducing a fast and secure blockchain-based alternative to cumbersome banking networks, Ripple\'sXRP(CRYPTO: XRP)has become one of the most popular cryptocurrencies on the market today.\nIt currently ranks in the top 10 most valuable cryptocurrencies and has demonstrated remarkable resilience. It continued to rise in price even as it faced regulatory challenges. With controversy in the rearview and the prospects of a crypto bull market looming, 2025 could shape up to be a great year for the cryptocurrency.\nThe saying "A rising tide lifts all boats" typically holds true in crypto, meaning that during bull markets, the prices of many cryptocurrencies tend to rise together. This phenomenon has been observed in the past, whenBitcoin, the most valuable cryptocurrency, surged and ended up pulling the value of other digital assets along with it.\nBut how high canXRPgo by 2025? The honest truth is that only time will tell. While several cryptocurrencies are trading near all-time highs as this crypto bull market has picked up steam, XRP remains well off its record peak of $3.\nPerhaps this will change as this bull market progresses into 2025, but for now it remains uncertain. Cryptocurrency prices are influenced by a multitude of factors, including market sentiment, regulatory developments, technological advancements, and macroeconomic trends. Any significant changes in these areas could affect the value of XRP in unpredictable ways.\nThe good news is that things look bright for XRP. It successfullyovercamea lawsuit from the Securities and Exchange Commission in July 2023 and recently unveiled plans to launch a new stablecoin. If it can keep up the achievements, then XRP may experience notable growth in 2025. However, predicting its exact value remains challenging.\nEven though XRP might be shaping up, investors should approach cryptocurrency investments with caution, conducting thorough research and diversifying their portfolios to mitigate risk. Ultimately, the future value of XRP will depend on a complex interplay of factors, making it impossible to make precise forecasts.\nBefore you buy stock in XRP, consider this:\nTheMotley Fool Stock Advisoranalyst team just identified what they believe are the10 best stocksfor investors to buy now… and XRP wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.\nConsider whenNvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you’d have $566,624!*\nStock Advisorprovides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice hasmore than quadrupledthe return of S&P 500 since 2002*.\nSee the 10 stocks »\n*Stock Advisor returns as of May 13, 2024\nRJ Fultonhas positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and XRP. The Motley Fool has adisclosure policy.\nWhat Will 1 XRP Be Worth in 2025?was originally published by The Motley Fool', 'A growing number of crypto investors now think thatBitcoin(CRYPTO: BTC)could hit a price of $1 million within the next few years. In addition to Cathie Wood of Ark Invest, who famously predicted a $1 million price in 2022, there\'s now Jack Dorsey, co-founder and former CEO of Twitter. In a recent interview, Dorsey suggested that Bitcoin is going to "at least a million" by 2030.\nWhat makes this forecast so interesting is that it\'s not coming from a Wall Street investment firm. Instead, it\'s coming from the perspective of a technologist with an intimate knowledge of howBitcoinworks, and not just how it trades. So if Jack Dorsey is bullish on Bitcoin, should you be too?\nThere are two classic ways that investors think about Bitcoin. The first approach is to think about Bitcoin as a commodity. From this perspective, Bitcoin is "digital gold" and a store of value, and should be hoarded much like physical gold. The second approach is to think about Bitcoin as a digital currency. From this perspective, Bitcoin functions primarily as a payment mechanism and means of exchange.\nBut there\'s a third way of thinking about Bitcoin -- as a technology. That\'s how Dorsey is thinking about Bitcoin. He sees it as a blockchain-based technology that is capable of disrupting the modern financial system. And he\'s focused first and foremost on Bitcoin\'s flourishing ecosystem, which includes everyone from Bitcoin miners to companies creating new Bitcoin payment technologies.\nAccording to Dorsey, every single person who touches Bitcoin in a significant way helps to make it better. He should know: Over the past few years, Dorsey has famously collaborated on a number of Bitcoin-related projects.Dorsey\'s latest project is Ocean, which is a new Bitcoin mining initiative.\nGiven the emphasis that Dorsey places on Bitcoin as a technology, perhaps it\'s only natural to ask: "Just how much is the Bitcoin technological ecosystem worth when it comes to valuing Bitcoin?"\nThat\'s a great question, but I\'m not sure if anyone has really answered it in a satisfactory way. Cathie Wood of Ark Invest has perhaps come closest, with her focus on the primary use cases of Bitcoin. For example, in Ark Invest\'s 2023 "Big Ideas" report, she highlighted various roles that Bitcoin can play, including as a remitt **Last 60 Days of Bitcoin's Closing Prices:** [67913.67, 65491.39, 63778.76, 64062.20, 67234.17, 69958.81, 69987.84, 69455.34, 70744.95, 69892.83, 69645.30, 71333.65, 69702.15, 65446.97, 65980.81, 68508.84, 67837.64, 68896.11, 69362.55, 71631.36, 69139.02, 70587.88, 70060.61, 67195.87, 63821.47, 65738.73, 63426.21, 63811.86, 61276.69, 63512.75, 63843.57, 64994.44, 64926.64, 66837.68, 66407.27, 64276.90, 64481.71, 63755.32, 63419.14, 63113.23, 63841.12, 60636.86, 58254.01, 59123.43, 62889.84, 63891.47, 64031.13, 63161.95, 62334.82, 61187.94, 63049.96, 60792.78, 60793.71, 61448.39, 62901.45, 61552.79, 66267.49, 65231.58, 67051.88, 66940.80] Use the additional daily data provided in the input below for crucial context. Daily Context for Date: 2024-05-19 **Financial & Commodity Data:** - Gold Closing Price: $2412.20 - Crude Oil Closing Price: $80.06 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $1,319,814,061,562 - Hash Rate: 636532381.9804695 - Transaction Count: 644119.0 - Unique Addresses: 405155.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Thematic exchange-traded funds, or ETFs, allow you to invest in a number of the hottest trends and industries — fromblockchainto cloud computing, andclean energyto cybersecurity. Thematic ETFs are an easy way to play a trend rather than trying to pick a winner, allowing you to ride the wave that’s carrying the whole sector. Here are some thematic ETFs in the market’s hottest industries, including how big they are, their largest positions and how much they’ll cost you to own. A thematic ETF is a fund that offers the opportunity to invest based on a particular theme, such as climate change or artificial intelligence. The ETF then holds companies that should benefit from that trend. While traditional ETFs are often based on a broad market index where investors can achieve diversification at a low cost, you likely won’t be sufficiently diversified just by owning a thematic ETF, because the companies’ fortunes will be heavily tied to the same underlying trend. These thematic ETFs often have playful ticker symbols indicating what they are. For example, the symbol for the cloud computing fund is SKYY. Below are seven of the best thematic funds that invest in some of the market’s hottest industries, with data as of Apr. 8, 2024. This index ETF invests in companies that make money in cloud computing, a sector of the market that supplies on-demand services via the internet, such as data storage or computing power. The ETF has enjoyed a 10.3 percent annualized return in the previous five years. The fund caps the position size of each stock to 4.5 percent of total assets. • Top 5 holdings: Alphabet, IBM, Oracle, Arista Networks and Microsoft • Net assets: $3.1 billion • Expense ratio: 0.60 percent Thisactively managed ETFinvests in what the fund manager calls disruptive innovation, new products or services that could dramatically shift how the world works. Investments include genomics stocks, energy and automation technologies, shared infrastructure and services as well as fintech innovators. Over the last five years, the ETF averaged 0.6 percent annually. • Top 5 holdings: Tesla, Block, Coinbase Global, Roku and UiPath • Net assets: $7.2 billion • Expense ratio: 0.75 percent This index ETF invests in companies that could benefit from the proliferation of robotics andartificial intelligence, including such products as industrial robots and automation as well as autonomous driving. The fund tracks the Indxx Global Robotics & Artificial Intelligence Index. The ETF has returned about 8.9 percent annually over the past five years. • Top 5 holdings: NVIDIA, Keyence, Intuitive Surgical, ABB and SMC • Net assets: $2.8 billion • Expense ratio: 0.68 percent This fund’s ticker symbol indicates what it invests in – cybersecurity companies – and it tracks the Nasdaq CTA Cybersecurity Index. More specifically, it owns cybersecurity companies in the technology and industrial sectors, including those protecting networks, computers and mobile devices. The fund returned about 15.2 percent annually over the last five years. • Top 5 holdings: Palo Alto Networks, Infosys, CrowdStrike, Cisco Systems and Broadcom • Net assets: $6.6 billion • Expense ratio: 0.59 percent This fund is sponsored by BlackRock, one of the world’s largest fund companies, and it tracks an index of global clean energy companies, including those involved with solar, wind and other renewable sources. The fund returned about 8.0 percent annually over the previous five years. • Top 5 holdings: Vestas Wind Systems, Enphase Energy, First Solar, Orsted and NEXTracker • Net assets: $2.4 billion • Expense ratio: 0.41 percent Medical technology is one of the most exciting industries, and this actively managed fund is looking for those companies that can extend and improve human life through technological and scientific breakthroughs, and include those working with gene editing, stem cells and targeted therapeutics. The fund lost about -3.3 percent annually over the prior five years. • Top 5 holdings: CRSPR Therapeutics, Twist Bioscience,  Exact Sciences, Recursion Pharmaceuticals and Beam Therapeutics • Net assets: $1.5 billion • Expense ratio: 0.75 percent Like its name suggests, this actively managed ETF invests in companies that develop and useblockchain technologies,the process behind cryptocurrency such as Bitcoin. The fund is relatively new, having been founded in January 2018, and so it’s also relatively small. The fund returned around 18.1 percent annually over the past five years. • Top 5 holdings: MicroStrategy, Coinbase Global, Beyond, Cleanspark and Galaxy Digital • Net assets: $701.8 million • Expense ratio: 0.76 percent While ETFs first began as a cheap way to invest in theStandard & Poor’s 500 Index, they’re now a way to buy slices of any “exposure” you want. Looking for a specific country, industry or investing style? It’s a good bet there’s an ETF doing what you’re looking for. For example, new thematic ETFs get you a slice of red-hot industries. Thematic ETFs allow investors who don’t want to do all the analytical work on individual companies to simply buy the industry or trend. So if you see the potential in cloud computing, you can buy the ETF and get a diversified cross-section of the industry at low expense and hassle. Most ETFs work by replicating a specific weighted index of stocks, and thematic ETFs are often no different. They’ll buy whatever stock is in the index and weight it accordingly in the portfolio. By buying one share of the ETF you’re buying a stake in all the companies in the fund, gaining quick exposure to the theme and anarrow diversification across the companies there. For that privilege, you’ll pay the fund manager anexpense ratio. That’s a management fee measured as a percentage of the money you have invested in the fund. While the cost is quoted at an annual rate, the fee is deducted almost undetectably each day from the fund’s value. If there’s a downside, the fund could be seriously hurt if something hits the sector or investors decide they don’t like it, and a thematic ETF’s narrow diversification won’t help reduce this risk. Thematic ETFs are somewhat more expensive than some of the most popular index ETFs such as those based on the S&P 500. Fees on those popular funds can run less than 0.1 percent per year. In other words, you’ll pay $10 for every $10,000 you have invested in the fund. While thematic ETF fees may be pricier than these cheap funds, they’re largely in line with the average expense ratio. Typically they’ll charge somewhere between 0.5 and 0.75 percent, meaning you’ll ultimately spend between $50 and $75 each year for every $10,000 invested. Thematic ETFs are popular for a number of reasons, but they also have some drawbacks. Here are some of the most important pros and cons of this approach. • Flexibility– Thematic ETFs offer investors a way to invest in a targeted “slice” of the market quickly and then sell it just as easily if they think the opportunity has run its course. • Diversification– Thematic ETFs may offer narrow diversification (all companies in a given industry) or broader diversification (companies across industries), but either way they put your eggs in more than one basket, reducing your risk. • Ease– Rather than needing to research and buy multiple stocks, you can know less about the individual companies and get in and out of the market with one transaction. • Low cost– You’ll pay a fee to the fund company running the ETF, but it’s often not so expensive for the diversification and expertise offered by the manager. • Higher risk than more diversified funds– A thematic ETF may be exposed to certain risks – such as declining multiples on growth stocks or specific sector risks – that make them riskier than more broadly diversified funds such as an S&P 500 index fund. • Volatility– Higher risk can translate into higher volatility, both on the upside and downside, especially for narrowly diversified funds. • May need to more actively manage– If you’re trying to use thematic ETFs to play a hot trend, you may want to actively manage them more so than you would for a typical broadly diversified index fund such as the S&P 500, where passive investing is a better approach. From low costs to instant diversification to the ability to invest in a hot sector in one click,ETFs offer investors a lot of benefits. However, as you’re investing in these funds, pay attention to their holdings, because some funds won’t always own what their name indicates. You want to get what you’re paying for and not a high-priced fund with the same stocks as every other fund. Editorial Disclaimer: All investors are advised to conduct their own independent research into investment strategies before making an investment decision. In addition, investors are advised that past investment product performance is no guarantee of future price appreciation.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price. tell me your analysis about news and twites and other informations realted to what effects it has to the price in next 10 days that we have them. after that just write 10 days price separated by camma for next 10 days price this are next 10 days price 71448.20, 70136.53, 69122.34, 67929.56, 68526.10, 69265.95, 68518.09, 69394.55, 68296.22, 67578.09 fully explain how that information effects on prices that i have in next 10 days and give me your recommendation about this too by the news and other informations we have too.
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