#10 Year Bullish Cycle

[jeffhirsch]

Seasonality Works! Trade the Cycles & Profit from History

Source: Super Boom (April 2011) by Jeffrey A. Hirsch, Fig. 1.3 p12, 500+ Percent Moves Follow Inflation

Earlier this month when we signed off on the final page proofs and sent the 2025 Stock Trader’s Almanac to press, I took pause to reflect upon the historic seasonal research my late father and founder of the Almanac, Yale Hirsch, accomplished and that we now continue. When Yale published the 1st edition of the iconic Stock Trader’s Almanac in 1968 who would have thought that many of the patterns and trends would still be working today? There have been changes and updates. Some trends have gone to the indicator graveyard while new patterns have emerged.

Perhaps the most quintessential Almanac pattern ever just completed for the second time in Almanac history. Remember my Super Boom forecast for Dow 38820 published in 2011

Look at this chart of the 4-Year Presidential Election Cycle! We first sent this chart to members in July 2021. It guided us through the covid bull market, called the midterm bear, pre-election year bull and current election year strength.

The market continues to follow the trends of our seasonal and 4-year cycle patterns we track and monitor. In our July Outlook, we maintained our bullish outlook for 2024, but cautioned that the market was possibly due for some mean reversion (a pullback) once NASDAQ’s 12-Day Midyear Rally ended in mid-July. NASDAQ did top out on July 10 while DJIA and S&P 500 topped about one week later.

The market has recovered in line with historical election year strength in August, but the correction is not likely over. With President Biden stepping aside our Open Field election year is back in play. This does not mean we are heading into the red for the year, but it does suggest the market may continue to struggle over the next few months during the seasonal weak period and leading up to this now more uncertain election. But remember since 1952 there have been “Only Two Losses Last 7 Months of Election Years” (page 80 STA 2024). Any potential September/October market weakness could set up a solid Q4, end-of-year rally, most likely beginning after Election Day.

For over five decades, top traders, investors and money managers have relied upon the Stock Trader’s Almanac. The 2025, 58th Annual Edition shows you the cycles, trends, and patterns you need to know in order to trade and invest with reduced risk and for maximum profit.

Limited time offer available now! Get the 2024 & 2025 Stock Trader's Almanacs for Free, while 2024 supplies last! Subscribe to my digital service, Almanac Investor, now and get the 2024 and 2025 Stock Trader’s Almanacs as free bonuses. Receive the 2024 STA now and be first to get the 2025 edition this fall hot off the press!

[coineagle]

Is a Market Shift Underway? $35M Ethereum Transfer to Exchanges Suggests So

Key Points

Institutions have transferred over $35M worth of Ethereum to exchanges, causing price fluctuations.

Despite recent sell-offs, market indicators remain bullish for Ethereum.

Institutions have recently transferred a substantial amount of Ethereum, the second most traded cryptocurrency, to exchanges, causing notable price variations.

Moving Ethereum to Exchanges

Major players such as Amber Group and Cumberland have deposited large quantities of Ethereum—6,443 and 6,439 ETH respectively—to exchanges like Binance and Kraken over the past day.

This move has sparked concerns about the effect on Ethereum’s price, which has seen both increases and decreases as a result.

Ethereum’s Price Action

Ethereum’s crucial support level on the daily chart currently sits at around $2,720. This level has been pivotal this year, and if it holds, it could set the stage for Ethereum to aim for the $3,000 area.

However, if this support fails, Ethereum could fall to the next significant level at $2,500.

Despite recent drops, the $3,085 level is attainable, especially if Ethereum can bounce back from its recent losses and close the gap created by five consecutive down days.

The weekly timeframe has also retested the breaker area, indicating a strong potential for an Ethereum bottom. Patience over the next 10 days will be crucial to confirm the anticipated upward price movement.

Increasing Altcoins Dominance

Ethereum could also gain from a potential resurgence in altcoin dominance. Altcoins have historically seen significant rallies after periods of support at key levels, and Ethereum, as a leading altcoin, is well-positioned to take advantage of this trend.

Market cycles suggest that altcoins, including Ethereum, could experience a major bull run in the next 6-9 months, providing further upward momentum.

Increasing Whale Activity

Whale activity is another bullish indicator for Ethereum. Despite the institutional move, whales have been accumulating Ethereum, with over 200,000 ETH added to their holdings in just the last three days.

This accumulation indicates confidence in Ethereum’s long-term prospects and could offset the short-term selling pressure from institutions.

Ethereum’s Potential Breakout

Ethereum’s fundamentals remain robust, despite low market sentiment. The growing adoption of L 2 solutions and the increasing interest from whales alike make Ethereum well-positioned for a breakout.

The combination of strong fundamentals, significant whale accumulation, and the potential for a broader altcoin rally creates a perfect setup for Ethereum to move higher in the near future.

While the recent sell-off by institutions has created some short-term uncertainty, the underlying factors suggest that Ethereum’s price is poised to move higher, potentially breaking out as market conditions improve.

[blockinsider]

Bitcoin Poised for All-Time High Amid Surging Demand and Expected Economic Changes

Key Points

Bitcoin (BTC) price has rebounded significantly following signals of a potential interest rate cut by the Federal Reserve Chair, Jerome Powell.

The rising adoption of Bitcoin by institutional investors and anticipated economic shifts are further fueling this surge.

After Jerome Powell, the Federal Reserve Chair, hinted at a possible interest rate reduction in September, Bitcoin (BTC) price experienced a significant rebound over the weekend.

Bitcoin ended the previous week trading slightly above $64k, a roughly 10% increase from the closing price of the week before.

Technical Indicators

From a technical perspective, Bitcoin’s price has consistently closed above the daily 50 and 200 Moving Averages (MAs) in recent times, despite the presence of their death cross.

Moreover, the daily Relative Strength Index (RSI) has bounced back above the 50% mark, indicating that bulls are gradually gaining control following the crash on August 5.

A market rebound, led by Gold and traditional stock indexes, has signaled a likely bull rally for the entire crypto industry.

Adoption by Institutional Investors

The crypto industry has achieved considerable regulatory clarity in several major jurisdictions, including the United States, Russia, Hong Kong, India, Europe, and Singapore.

The approval of spot Bitcoin and Ethereum ETFs in the United States has encouraged other jurisdictions to follow suit.

For example, Brazil has already approved two spot Solana (SOL) ETFs, while Hong Kong, Canada, and Australia already have spot BTC and Ethereum ETFs.

According to recent market data, the US spot Bitcoin ETFs registered a net cash inflow of $252 million on Friday, led by BlackRock’s IBIT and Fidelity’s FBTC.

As a result, the net cash inflows into the US spot Bitcoin ETFs have exceeded $550 million over the past two weeks, signaling a further bullish outlook.

The significant accumulation of the US spot Bitcoin ETFs recently has coincided with a notable decrease in the supply of BTC on centralized exchanges (CEXs).

Interestingly, the supply of stablecoins on CEXs has continued to rise significantly, suggesting an increase in overall buying power.

Anticipated Economic Shift

The forthcoming US elections and expected changes in monetary policy will play a significant role in Bitcoin price action.

More than 115 days since the fourth Bitcoin halving, BTC price action is nearing the breakout zone, similar to previous bull cycles.

The US Fed is expected to initiate the first interest rate cut from next month since the onset of COVID-19, signaling a major economic shift.

According to Fed Chair Powell, inflation has significantly eased without a noticeable spike in unemployment, suggesting a need for an economic shift for the next five years.

As a result, Bitcoin price is expected to benefit significantly from the increasing global liquidity among other factors.

[solanachain]

Emerging Solana (SOL) Competitor, Priced at $0.01, Poised to Hit $10 by 2024, Promising Significant Returns

The Current State of the Cryptocurrency Market in 2024 The cryptocurrency market experiences various cycles throughout the year, each influencing bullish or bearish sentiment among investors. The year 2024 has marked a significant recovery for the market following the challenging crypto winter of 2022-2023. The first half of 2024 witnessed strong bullish momentum, with major cryptocurrencies like…

[market-news-24]

"Discover which top cryptocurrency is predicted to skyrocket by 150% by 2025, says Bernstein. Find out if this digital currency is the investment opportunity you've been waiting for and whether it's the right time to jump on board. Dive into the insights from leading experts and see if adding this cryptocurrency to your portfolio is a smart financial move. Stay ahead in the fast-paced world of digital finance and make informed decisions with our comprehensive analysis." Click to Claim Latest Airdrop for FREE Claim in 15 seconds Scroll Down to End of This Post const downloadBtn = document.getElementById('download-btn'); const timerBtn = document.getElementById('timer-btn'); const downloadLinkBtn = document.getElementById('download-link-btn'); downloadBtn.addEventListener('click', () => downloadBtn.style.display = 'none'; timerBtn.style.display = 'block'; let timeLeft = 15; const timerInterval = setInterval(() => if (timeLeft === 0) clearInterval(timerInterval); timerBtn.style.display = 'none'; downloadLinkBtn.style.display = 'inline-block'; // Add your download functionality here console.log('Download started!'); else timerBtn.textContent = `Claim in $timeLeft seconds`; timeLeft--; , 1000); ); Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_1] In the world of cryptocurrency, all eyes are on Bitcoin, especially after investment giant Bernstein projected its price could hit a staggering $150,000 by mid-2025. If you're wondering whether now is the time to invest in Bitcoin, let's dive into what's fueling these optimistic forecasts. The recent introduction of new Bitcoin Exchange-Traded Funds (ETFs) has been a game-changer, attracting significant investment. With over $30 billion already poured into these ETFs, it's clear that investor appetite for Bitcoin is stronger than ever. The standout among these is the iShares Bitcoin Trust, which has single-handedly attracted $17 billion, now holding more than 1% of all Bitcoin in circulation. This kind of inflow showcases an unprecedented level of trust and interest in Bitcoin as a viable investment. Despite a recent drop in price, the fundamentals driving Bitcoin's value, such as the launch of spot Bitcoin ETFs in the U.S., paint a bullish picture. These ETFs, projected to eventually account for 10% of all circulating Bitcoin, could significantly influence the cryptocurrency's price. Moreover, the global approval of spot Bitcoin ETFs highlights the worldwide acceptance and potential for further growth. Adding to the excitement is the Bitcoin halving event. Although its immediate impact wasn't as dramatic as some anticipated, history suggests that each halving cycle precedes a significant price rally. With this in mind, even with current Market fluctuations, the forecast of Bitcoin reaching $90,000 by the end of this year doesn't seem far-fetched. So, is buying Bitcoin a wise move? Considering the influx of new investments into Bitcoin ETFs and the historical price boosts following halving events, Bitcoin's future looks promising. The growing investor interest, combined with the halving's potential to increase scarcity and drive up price, makes Bitcoin an attractive investment opportunity. While external factors such as geopolitical tensions or economic downturns could impact Bitcoin's journey, the underlying momentum suggests that Bitcoin's price could soar in the coming years. Thus, joining Bernstein and other Bitcoin believers in predicting a bright future for the cryptocurrency might not just be optimistic but realistic. In summary, with Bitcoin ETFs drawing unprecedented investment, the halving offering a historical precedence for price rallies, and financial analysts standing by bullish forecasts, Bitcoin presents an intriguing investment opportunity for those willing to navigate its volatility. As the landscape evolves, Bitcoin's journey to$150,000 by mid-2025 will be one to watch closely.

Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_2] Certainly! Here are five FAQs presented in a straightforward manner: 1. What is the top cryptocurrency expected to soar 150% by 2025 according to Bernstein? - Bernstein predicts that Bitcoin is the cryptocurrency expected to see a 150% increase by 2025. 2. Why does Bernstein believe Bitcoin's value will increase so much? - Bernstein's prediction is based on Bitcoin's growing acceptance as a digital asset, increased investor interest, and its potential role as a hedge against inflation. 3. Should I invest in Bitcoin now because of this prediction? - Whether Bitcoin is a suitable investment for you depends on your financial situation, investment goals, and tolerance for risk. It's wise to do your own research or consult a financial advisor. 4. Are predictions about cryptocurrency increases always accurate? - No, predictions are based on current trends and data and can be affected by many unpredictable factors. Investing in cryptocurrencies always carries a risk, and values can fluctuate greatly. 5. What are the risks of investing in Bitcoin? - Risks include high volatility, regulatory changes, the potential for online hacking, and the lack of a physical asset backing its value. Always consider these factors before investing. Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_1] Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators Claim Airdrop now Searching FREE Airdrops 20 seconds Sorry There is No FREE Airdrops Available now. Please visit Later function claimAirdrop() document.getElementById('claim-button').style.display = 'none'; document.getElementById('timer-container').style.display = 'block'; let countdownTimer = 20; const countdownInterval = setInterval(function() document.getElementById('countdown').textContent = countdownTimer; countdownTimer--; if (countdownTimer < 0) clearInterval(countdownInterval); document.getElementById('timer-container').style.display = 'none'; document.getElementById('sorry-button').style.display = 'block'; , 1000);

[palmoilnews]

European feeds-Soymeal firmer on technical-buying, slow Brazil harvest Gdynia, April 15 (LSEG) - Soymeal on the European meals and feeds market was bullish on Monday on technical-buying and slow soybean harvest progress in Brazil. Brazil's soybean harvest for the 2023/24 cycle had reached 84% of the planted areas as of Thursday, agribusiness consultancy AgRural said on Monday, up 6 percentage points from the previous week. The figure was below the 86% seen at the same time a year earlier. South American soymeal offered as much as $8 a tonne up from Friday. The market was supported exclusively by technical buying. A delayed soybean harvest in Brazil also added support. EU rapemeal quoted 10 euros per tonne up due to a expected lower rapeseed production in the EU in the forthcoming season. Analysts at Strategie Grains have lowered their forecast for rapeseed production in the European Union in the 2024/25 marketing season (running from July to June) to 18.1 million tonnes, 9% below last year's harvest. The expectation of a decline in Ukraine's rapeseed production next 2024/25 season (running from July to June) also underpinned the quotes. Ukrainian rapeseed production might cut by 5% to 4.0 million tonnes in the 2024/25 season, according to the Ukroliyaprom association forecasts.

[basechop]

"Bitcoin Halving: The Road to $500,000 - Expert Predictions and Market Analysis"

The material is published solely for informational purposes and is not an investment recommendation. ForkLog is not responsible for readers' investment decisions. After the upcoming halving, Bitcoin will become scarcer than gold and real estate, which implies the cryptocurrency reaching a price of around $500,000, according to popular blogger PlanB. Based on his Stock-to-Flow model, the expert suggested that the digital asset's market capitalization may not surpass that of gold, which is over $10 trillion. However, approaching this mark and the emission of 20 million coins will lead to the stated price, PlanB calculated. He did not specify the timeline for reaching this price. Additionally, the expert noted the rise in the 200-week moving average (200WMA). In late January, former BitMEX CEO Arthur Hayes suggested that Bitcoin could drop below $35,000 due to various factors such as Fed policy, military conflicts in the Middle East, and the U.S. presidential elections. Various analysts have different predictions for Bitcoin's price movements. For example, analyst Ali speculated a drop to $32,700 based on previous cryptocurrency cycles, while venture firm Placeholder partner Chris Burniske suggested a range of $30,000-$36,000 with a bottom at $20,000. Founder of MN Trading Consultancy Michaël van de Poppe expects Bitcoin to move towards $48,000 before the halving and reach a new high in the second half of 2024. Crypto analyst CryptoHamster identified a bullish pennant formation on the Bitcoin chart and predicted a potential rise to $45,500 in the near term. According to a survey conducted by PlanB in August 2023, nearly 60% of participants believe in the start of a bull market after the halving. In January, SkyBridge Capital founder Anthony Scaramucci forecasted Bitcoin to reach $170,000 by 2025. Marathon Digital CEO Fred Thiel is confident in the cryptocurrency reaching its peak in Q3-Q4 2024 but expects a pullback to $40,000-$50,000 before rising to a new ATH of $120,000. Fundstrat co-founder Tom Lee has even bolder predictions: $150,000 by the end of 2024 and $500,000 in the next five years. Read the full article

[bitcoincables]

Bitcoin ETFs and the Potential Impact of the Next Halving Event

Now that spot bitcoin exchange-traded funds (ETFs) are live in the U.S., market watchers are looking for the next potentially bullish event to drive cryptocurrency gains. Following the U.S. Security and Exchange Commission’s (SEC) long-awaited decision to approve these financial products, bitcoin ETFs have simultaneously overperformed and underwhelmed expectations – representing the pluses and minuses of a market driven by hype.

The top three bitcoin ETFs have seen well over half a billion dollars worth of capital inflows (not counting Grayscale’s $22 billion fund, which was converted over from the existing GBTC trust and has seen sizable outflows), signifying the significant customer demand for traditional on-ramps into bitcoin (BTC). In the weeks leading up to the date of approval, Wednesday, Jan. 10, bitcoin rallied to a recent high of ~$48,000.

Many analysts and traders are now hoping the upcoming bitcoin halving — when the rate of new bitcoins issued to network validators (aka miners) is slashed — could be a similar catalyst for crypto prices. There is a longstanding debate whether these programmatically triggered events that occur once every four years are “priced in.”

Read more: Will the Next Bitcoin Halving be Another Hype Cycle?

[metamoonshots]

[ad_1] Embattled debt traders just like the look of 5% Treasury yields as they weigh the risk-versus-reward scales for the world’s greatest bond market. The rise in yields to ranges final seen earlier than the monetary disaster displays a run of stable information, with the US economic system rising final quarter on the quickest tempo since 2021. And a rising tide of Treasury debt issuance, in the meantime, has prompted the return of a optimistic threat premium for proudly owning longer-dated bonds. For all of the ache within the bond market — and a few merchants are betting there’s extra to come back — the notes look much more engaging to long-term patrons as soon as Treasury yields are operating at 5%-or-higher. These ranges nudge them nearer to the Federal Reserve’s present policy-rate ceiling of 5.5%, permitting patrons to lock in elevated earnings earlier than officers ultimately embark on any easing cycle.  “The arithmetic begins to maneuver in your favor after having been out of your favor for a really very long time,” mentioned Stephen Bartolini, a fixed-income portfolio supervisor at T. Rowe Value. “It takes quite a bit bigger improve now to wipe out complete return over a 12-month horizon since you’re getting yield.” Patrons emerged Thursday, spurring a drop of some 10 foundation factors throughout the Treasury curve as one other spherical of disappointing earnings brought about equities to slip. The ten-year yield was little modified at 4.85% on Friday in Asia, about 16 foundation factors beneath the 16-year excessive touched on Monday. Traders are in want of a silver lining as they nurse wounds from the worst selloff seen for Treasuries in additional than 4 a long time. The Bloomberg US Treasury Index has dropped since a string of regional financial institution failures fanned expectations of a credit score crunch and recession in early April. The yield on 10-year notes, meantime, has soared to above 5% this week from a 3.25% April low.  Amy Xie Patrick, head of earnings methods at Pendal Group in Sydney, mentioned she’s bullish on bonds given their present yields. There’s not a lot of a case for inflation and financial development to re-accelerate, indicating “that the ‘smooth touchdown’ is behind us,” she mentioned. Treasury fixed-rate coupons round 5% additionally present traders with the very best supply of bond earnings since 2007, serving to the debt to compete in opposition to payments and equities. Additionally they make a portfolio extra resilient in durations of tolerating market ache in threat belongings. Vanguard Asset Administration has been a latest purchaser of five- to 10-year Treasuries, mentioned Roger Hallam, international head of charges on the agency — with plans to “add extra if yields rise additional.” “At these ranges of yields your threat/reward is significantly better,” Hallam mentioned. The stomach of the yield curve — bonds maturing between 5 and 10 years — “will profit most within the preliminary phases of any financial weak point.” A good quirk of bond math is that higher-coupon bonds are much less delicate to cost adjustments, a dynamic often called length. Low-coupon bonds, in contrast, are way more delicate to costs, and the present bond rout dates from August 2020, when the 10-year yield was a paltry 0.5%. The benchmark yield subsequently elevated ten-fold, leaving traders nicely educated in regards to the adversarial influence of length. However that threat has been lowered as long-dated coupons settle within the 5% zip code, illustrated by the chance/reward profile of the $40 billion iShares 20+ Yr Treasury Bond ETF. Whereas the exchange-traded fund, identified by its ticker TLT, has slumped 50% from its 2020 peak, yields above 5% are attracting inflows. At present ranges, a long-end yield decline of 0.5% is predicted to ship a double digit worth acquire for the TLT, whereas a 50-basis level rise in yields would trigger a worth drop of solely round 1% over a 12 month interval. 

“If the 30-year rallies 100 foundation factors, you’re making 20%,” mentioned T. Rowe’s Bartolini. “And if the 5 12 months rallies 100 foundation factors, you’re making 4%.” Bartolini mentioned the agency prefers proudly owning Treasuries with a maturity of 5 years or much less because the Fed indicators it’s close to the height of its rate-hiking cycle. Even so, elevated Treasury provide might nonetheless shove 10- and 30-year yields larger because the market wants “to create an incentive for these bonds to be distributed and the motivation to make that occur is larger yields,” he mentioned. A renewed push to larger yields beckons over the approaching week, with central financial institution conferences on the calendar for the Fed and the Financial institution of Japan. Traders can even look ahead to the most recent US month-to-month employment report, together with a a lot anticipated replace from the Treasury about its quarterly borrowing wants.  “The normalization of the bond market is what we're seeing proper now,” mentioned Anthony Saglimbene, chief market strategist at Ameriprise Monetary. The agency is telling monetary advisers and purchasers to begin transferring their money into bonds because the Fed wraps up its tightening cycle and inflation ebbs. “The longer charges keep at these ranges the larger the refinancing stress for shoppers and small companies.” [ad_2]

[colorfulenthusiastballoon]

How roboticists are thinking about generative AI

The topic of generative AI comes up frequently in my newsletter, Actuator. I admit that I was a bit hesitant to spend more time on the subject a few months back. Anyone who has been reporting on technology for as long as I have has lived through countless hype cycles and been burned before. Reporting on tech requires a healthy dose of skepticism, hopefully tempered by some excitement about what can be done.

This time out, it seemed generative AI was waiting in the wings, biding its time, waiting for the inevitable cratering of crypto. As the blood drained out of that category, projects like ChatGPT and DALL-E were standing by, ready to be the focus of breathless reporting, hopefulness, criticism, doomerism and all the different Kübler-Rossian stages of the tech hype bubble.

Those who follow my stuff know that I was never especially bullish on crypto. Things are, however, different with generative AI. For starters, there’s a near universal agreement that artificial intelligence/machine learning broadly will play more centralized roles in our lives going forward.

Smartphones offer great insight here. Computational photography is something I write about somewhat regularly. There have been great advances on that front in recent years, and I think many manufacturers have finally struck a good balance between hardware and software when it comes to both improving the end product and lowering the bar of entry. Google, for instance, pulls off some truly impressive tricks with editing features like Best Take and Magic Eraser.

Sure, they’re neat tricks, but they’re also useful, rather than being features for features’ sake. Moving forward, however, the real trick will be seamlessly integrating them into the experience. With ideal future workflows, most users will have little to no notion of what’s happening behind the scenes. They’ll just be happy that it works. It’s the classic Apple playbook.

Generative AI offers a similar “wow” effect out the gate, which is another way it differs from its hype cycle predecessor. When your least-tech-savvy relative can sit at a computer, type a few words into a dialogue field and then watch as the black box spits out paintings and short stories, there isn’t much conceptualizing required. That’s a big part of the reason all of this caught on as quickly as it did — most times when everyday people get pitched cutting-edge technologies, it requires them to visualize how it might look five or 10 years down the road.

With ChatGPT, DALL-E, etc., you can experience it firsthand right now. Of course, the flip side of this is how difficult it becomes to temper expectations. Much as people are inclined to imbue robots with human or animal intelligence, without a fundamental understanding of AI, it’s easy to project intentionality here. But that’s just how things go now. We lead with the attention-grabbing headline and hope people stick around long enough to read about machinations behind it.

Spoiler alert: Nine times out of 10 they won’t, and suddenly we’re spending months and years attempting to walk things back to reality.

One of the nice perks of my job is the ability to break these things down with people much smarter than me. They take the time to explain things and hopefully I do a good job translating that for readers (some attempts are more successful than others).

Once it became clear that generative AI has an important role to play in the future of robotics, I’ve been finding ways to shoehorn questions into conversations. I find that most people in the field agree with the statement in the previous sentence, and it’s fascinating to see the breadth of impact they believe it will have.

For example, in my recent conversation with Marc Raibert and Gill Pratt, the latter explained the role generative AI is playing in its approach to robot learning:We have figured out how to do something, which is use modern generative AI techniques that enable human demonstration of both position and force to essentially teach a robot from just a handful of examples. The code is not changed at all. What this is based on is something called diffusion policy. It’s work that we did in collaboration with Columbia and MIT. We’ve taught 60 different skills so far.

Last week, when I asked Nvidia’s VP and GM of Embedded and Edge Computing Deepu Talla why the company believes generative AI is more than a fad, he told me:I think it speaks in the results. You can already see the productivity improvement. It can compose an email for me. It’s not exactly right, but I don’t have to start from zero. It’s giving me 70%. There are obvious things you can already see that are definitely a step function better than how things were before. Summarizing something’s not perfect. I’m not going to let it read and summarize for me. So, you can already see some signs of productivity improvements.

Meanwhile, during my last conversation with Daniela Rus, the MIT CSAIL head explained how researchers are using generative AI to actually design the robots:It turns out that generative AI can be quite powerful for solving even motion planning problems. You can get much faster solutions and much more fluid and human-like solutions for control than with model predictive solutions. I think that’s very powerful, because the robots of the future will be much less roboticized. They will be much more fluid and human-like in their motions. We’ve also used generative AI for design. This is very powerful. It’s also very interesting, because it’s not just pattern generation for robots. You have to do something else. It can’t just be generating a pattern based on data. The machines have to make sense in the context of physics and the physical world. For that reason, we connect them to a physics-based simulation engine to make sure the designs meet their required constraints.

This week, a team at Northwestern University unveiled its own research into AI-generated robot design. The researchers showcased how they designed a “successfully walking robot in mere seconds.” It’s not much to look at, as these things go, but it’s easy enough to see how with additional research, the approach could be used to create more complex systems.

“We discovered a very fast AI-driven design algorithm that bypasses the traffic jams of evolution, without falling back on the bias of human designers,” said research lead Sam Kriegman. “We told the AI that we wanted a robot that could walk across land. Then we simply pressed a button and presto! It generated a blueprint for a robot in the blink of an eye that looks nothing like any animal that has ever walked the earth. I call this process ‘instant evolution.’”

It was the AI program’s choice to put legs on the small, squishy robot. “It’s interesting because we didn’t tell the AI that a robot should have legs,” Kriegman added. “It rediscovered that legs are a good way to move around on land. Legged locomotion is, in fact, the most efficient form of terrestrial movement.”

“From my perspective, generative AI and physical automation/robotics are what’s going to change everything we know about life on Earth,” Formant founder and CEO Jeff Linnell told me this week. “I think we’re all hip to the fact that AI is a thing and are expecting every one our jobs, every company and student will be impacted. I think it’s symbiotic with robotics. You’re not going to have to program a robot. You’re going to speak to the robot in English, request an action and then it will be figured out. It’s going to be a minute for that.”

Prior to Formant, Linnell founded and served as CEO of Bot & Dolly. The San Francisco-based firm, best known for its work on Gravity, was hoovered up by Google in 2013 as the software giant set its sights on accelerating the industry (the best-laid plans, etc.). The executive tells me that his key takeaway from that experience is that it’s all about the software (given the arrival of Intrinsic and Everyday Robots’ absorption into DeepMind, I’m inclined to say Google agrees).

[ailtrahq]

International bank Standard Chartered has made a bold price prediction for the world’s second-largest crypto asset, Ethereum. However, it looks like a lot of ‘hopium’ considering the asset’s current market action, so how feasible is it? On October 11, Standard Chartered analysts predicted that Ethereum prices could hit $8,000 by the end of 2026. Big Ethereum Price Prediction Head of the bank’s digital assets research, Geoff Kendrick, said that as Ethereum becomes more widely used in smart contracts, gaming, and the tokenization of traditional assets, its price will surge.  Moreover, he didn’t stop there, predicting whopping gains in the long term, according to Reuters.   “We see the $8,000 level as a stepping stone to our long-term ‘structural’ valuation estimate of $26,000-$35,000,” The analyst added that that structure stretches way into the future and as far ahead as 2040.  “That valuation assumes future use cases and revenue streams that may not have emerged yet, although the real-world use cases of gaming and tokenization should support their development.” Looking at past cycle gains could give an indication of how high Ethereum may climb in the next cycle. Furthermore, since its launch in 2015, the asset has only been through two major market cycles.  In January 2017, ETH was trading at around $10. By January 2018, it had skyrocketed to $1,450, marking a gain of over 14,000%. In December 2018, it tanked to a bear market low of $85. From there, it surged to an all-time high of $4,878 in November 2021 — a gain of over 5,600%.  Its current cycle low was around $1,000 in June 2022. So, to hit the bank’s predicted price of $8,000 in the next bull market, Ethereum would only need to gain 700%.  It sounds very plausible when considering previous market cycles.   Furthermore, fundamentals such as deflationary issuance, staking, scaling upgrades, and institutional adoption all add to the long-term bullishness of the asset.  ETH Market Outlook  However, the big ETH price prediction seems extremely far-flung today when looking at its current market action.  ETH is trading flat on the day at $1,561 after falling around 5% over the past week.  ETH Price in USD 1 week. Source: BeInCrypto Ethereum is currently hovering around support levels and its lowest price since it dumped in mid-March.  Moreover, the asset is now 68% down from its all-time high almost two years ago. 

[goldflowercapital]

May the Price Action be with you (part 2)

The fundamental change is not that the market tested the lows or broke the downside support of the trend that started almost a year ago, but mainly that the regime shifted from growth (weak USD, higher yields) back to inflation (strong USD, higher yields) - exactly the same narrative was playing out last October, and very interestingly with exactly the same move in USD and the same market reaction to the blow out job report (last October).

Again - price action dictates the regime. A weaker dollar would start shifting us into the growth territory (ie economy is resilient) and could result in a 10% year end rally like last year. Market strength on bad news and USD softness will support this thesis. On the contrary continued dollar strength would keep providing the evidence that supports the inflation narrative.

In any case the long durations are oversold and going against the 2to10 offers a compelling narrative. But who could rule out continued price momentum for the yields and a further over crowding of the short bond trade? Given the learnings from March 23´ shorting bonds at these levels is an asymmetric trade with high risk and low return, and the opposite (in the form of selling puts as a margin of safety) offers both a compelling proposition and a hedge, due to the nature of bonds. Persistent high rates will temper economic growth (industrials, Capex, the cycle is already happening - see softness in chemical prices) and start luring interest into longer durations. Corporate credit at 7% or the new credit institutions (like Apollo) are becoming interesting as well.

The elephant in the room remains oil as it has a support from the OPEC supply reduction. Softness in oil would be a flag for growth (and in favour of a long duration reversal), whereas strength would be fuelling the narrative of higher rates. In the growth scenarios, a weaker USD would prompt the oil prices. Hence oil and long duration bonds can only be inversely correlated and something will have to give eventually. Due to the odds the portfolio of long oil and long bonds seems like the most robust way to keep navigating these markets, and any USD weakness would offer support to a narrative of equities breaking further out. In any case either oil or long duration yields will have to give in (like oil concerns are growth concerns and can't support the narrative of higher long term rates, whereas higher oil prices can be consistent with further downward momentum). Given this macro duality and the OPEC control of supply I remain bullish in oil (and view the current dip as weather than macro driven), and will also start dipping into long durations via sale of puts (which I am converting in oil calls).

October 1 in correlation 1 = inflation regime.

June 17 in correlation -1 and weak USD = growth regime.

[coineagle]

Casper (CSPR) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

In this article, we aim to offer you a detailed yearly price prediction for Casper (CSPR) from 2025 to 2030.

Our forecast is grounded on an analysis of key technical indicators and an in-depth understanding of the market dynamics surrounding Casper (CSPR).

We strive to provide an unbiased and informative perspective on the potential value trajectory of this digital asset.

Our analysis is designed to aid you in making informed decisions about your participation in the cryptocurrency market.

Casper (CSPR) Long-Term Price Prediction

Year Lowest Price Average Price Highest Price 2025 $5 $10 $15 2026 $8 $14 $20 2027 $7 $13 $18 2028 $6 $11 $16 2029 $10 $16 $22 2030 $12 $18 $25

Casper Price Prediction 2025

In 2025, we predict that Casper (CSPR) will experience its first bullish cycle, which will drive the price up significantly, reaching an average price of $10 and peaking around $15. This can be attributed to an increasingly positive regulatory environment, the growth of the technology sector, and easing inflation rates.

The high growth during this period will be bolstered by increased cryptocurrency adoption spurred by developments such as the introduction of Ethereum ETFs.

Casper Price Prediction 2026

For 2026, I forecast that CSPR’s price will continue on its upward trajectory, reaching an average price of $14 and a high of $20.

The momentum from the previous year’s bull run and continued developments in regulatory compliance, blockchain technology utilisation and cryptocurrency adoption will contribute to this growth.

Casper Price Prediction 2027

By 2027, I expect the market to correct after two years of high growth, leading to a slight dip in CSPR’s price.

However, due to favourable market conditions, the average price is predicted to hover around $13, with the lowest and highest prices falling within a smaller range compared to the previous years.

Casper Price Prediction 2028

The market correction is likely to continue into 2028, causing another modest decrease in Casper’s price to an average of $11.

Even amid these market fluctuations, CSPR remains a good long-term investment due to its solid fundamentals and the ongoing positive impact of favourable regulation and rising cryptocurrency adoption.

Casper Price Prediction 2029

I anticipate that in 2029, Casper will again enter a period of substantial growth, with the average price climbing to $16 and the highest price peaking at $22, as positive trends resume and the benefits of earlier technology developments, regulatory decisions and market adoptation start to take effect.

Casper Price Prediction 2030

By 2030, I predict that the momentum from 2029 will carry over, and Casper’s price will rise to an average of $18, peaking at a high of $25.

This will be driven by established widespread adoption of cryptocurrencies, continued positive regulatory outcomes, and further developments in blockchain technology.

Casper (CSPR) Fundamental Analysis

Project Name Casper Symbol CSPR Current Price $ 0.021429 Price Change (24h) -1.21% Market Cap $ 260.4 M Volume (24h) $ 3,938,390 Current Supply 12,151,829,108

Casper (CSPR) is currently trading at $ 0.021429 and has a market capitalization of $ 260.4 M.

Over the last 24 hours, the price of Casper has changed by -1.21%, positioning it 180 in the ranking among all cryptocurrencies with a daily volume of $ 3,938,390.

Unique Technological Innovations

Casper is known for its unique technological innovations that offer various advantages over its competitors.

Casper’s major innovation — a new consensus algorithm called the Correct-by-Construction (CBC) Casper — enhances the traditional proof-of-stake algorithms by overcoming the inefficiencies associated with them, such as the ‘nothing-at-stake’ problem.

The CBC model also enables transaction finality more swiftly than other cryptocurrencies, effectively tackling issues like long transaction times.

It also boasts a “future-proof” technology that includes upgradable contracts, easy-to-use software developer kits, and virtual machines that offer faster performance and lower gas costs.

All these features address the current needs of the market, such as increased transparency, faster transaction times, and the ability to keep up with regulatory changes.

Being future-oriented, this innovation merits Casper a competitive advantage giving it the ability to adapt to changing technology trends.

Strategic Partnerships

Casper’s collaborations with key industry players play a pivotal role in the adoption and utility of the platform.

Its partnership with BitGo, a renowned digital asset financial services provider, resulted in secured custody for CSPR tokens.

This relationship not only provides token security but also fosters wider adoption of Casper’s technology among BitGo’s client base.

Another notable partnership is with Chainlink, a widely-used oracle network. This enables Casper developers to access reliable, tamper-proof inputs and outputs necessary for advanced smart contracts, paving the way for more complex and reliable decentralized applications.

Strategies for Sustaining a Competitive Advantage

Casper employs several strategies to maintain its competitive advantage in the rapidly evolving cryptocurrency market.

On top of its revolutionary technology innovations, Casper remains adherent to changes in the regulatory landscape to ensure uninterrupted operations.

Casper also positions itself as a developer-friendly platform, offering them a suite of tools for creating applications that cater to various use-cases, hence attracting a larger user base.

Community Engagement Efforts

Casper values its community and continually engages with them through initiatives across various platforms.

Discord and Telegram are the project’s primary communication channels, providing users with real-time, direct access to the project’s team.

Casper also maintains active social media accounts, including Twitter and Reddit, for larger reach and engagement.

The project has also set up the Casper Association, a Swiss non-profit organization with an open community membership. The association is aimed at fostering a global community of developers and users driving the platform’s growth and evolution.

These community-focused strategies significantly contribute to Casper’s overall success and adoption rate.

Casper (CSPR) Technical Analysis

Zoom

Hour

Day

Week

Month

Year

All Time

Type

Line Chart

Candlestick

Technical Analysis is a forecasting methodology in financial markets based on the study of past market data, primarily price and volume.

When used in making Casper price predictions, the Technical Analysis helps investors to predict future market trends by analyzing historical price data and market indicators.

The importance of Technical Analysis cannot be overstated as it provides a visual snapshot of Casper’s historical performance, enabling investors to make informed decisions about future price movements.

Relative Strength Index (RSI): The RSI is a momentum indicator that measures the speed and changes of market price movements. It often indicates overbought or oversold conditions, which could signal possible reversals in the price trend.

Moving Average Convergence Divergence (MACD): MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. The MACD is calculated by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA, which then forms the MACD line.

Bollinger Bands: These are volatility bands placed over a moving average and expand or contract based on the price volatility. When the price moves to either of the Bollinger Bands, it could indicate a price reversal.

Casper Price Predictions FAQs

What is Casper?

Casper is a Proof of Stake (PoS) blockchain network that focuses on speed, security, and scalability.

It was designed to bring the blockchain technology to businesses and enterprises, facilitating easy integration into existing IT infrastructure. It has its native cryptocurrency named Casper (CSPR).

Is Casper a good investment?

Whether Casper is a good investment or not largely depends on individual investor’s perspective and risk tolerance.

As with any cryptocurrency market, investment comes with a level of risk as prices can be highly volatile.

However, Casper’s unique easy-adaptability features and infrastructure have gained a lot of attention, giving it future potential for adoption and growth. Always remember to conduct your own research prior to any investment decision.

What are some factors that could affect Casper’s price?

A number of factors can affect the price of Casper. This includes the general cryptocurrency market trends, changes in regulatory policies, technological advancements, competition, and market speculation.

It is crucial for investors to keep abreast of these factors when making price predictions and investment decisions.

Can I mine Casper?

No, you cannot mine Casper. Casper uses a Proof of Stake (PoS) consensus algorithm.

Unlike Proof of Work (PoW), where users mine to earn coins, Casper validators are chosen to create blocks based on the number of tokens a person holds and is willing to “stake” as collateral.

What is CoinEagle.com?

CoinEagle.com is an independent crypto media platform and your official source of crypto knowledge. Our motto, “soaring above traditional finance,” encapsulates our mission to promote the adoption of crypto assets and blockchain technology.

Symbolized by the eagle in our brand, CoinEagle.com represents vision, strength, and the ability to rise above challenges. Just as an eagle soars high and has a keen eye on the landscape below, we provide a broad and insightful perspective on the crypto world.

We strive to elevate the conversation around cryptocurrency, offering a comprehensive view that goes beyond the headlines.

Recognized not only as one of the best crypto news websites in the world, but also as a community that creates tools and strategies to help you master digital finance, CoinEagle.com is committed to providing you with the necessary knowledge to win in crypto.

Disclaimer: The Casper price predictions in this article are speculative and intended solely for informational purposes. They do not constitute financial advice. Cryptocurrency markets are highly volatile and can be unpredictable. Investors should perform their own research and consult with a financial advisor before making any investment decisions. CoinEagle.com and its authors are not responsible for any financial losses that may result from following the information provided.

[blockinsider]

Surging Open Interest Sparks Talk of $71.5K Bitcoin Price Target Among Traders

Key Points

Bitcoin has surpassed $65,000, with traders now eyeing a $71,500 target.

The optimism is driven by recent market trends and a significant increase in Bitcoin futures contracts’ open interest.

Bitcoin’s price has recently soared beyond $65,000, sparking a wave of optimism among traders. The new target on their radar is the $71,500 mark. This confidence is underpinned by recent market trends and a marked rise in the open interest of Bitcoin futures contracts.

Current Bitcoin Price Trends

Bitcoin’s recent breakthrough of the $65,000 threshold has spurred speculation among traders who are betting on further upward movement. Open Interest, which tallies the total number of outstanding futures or options contracts, has experienced a 13% surge in recent days.

A high open interest typically indicates more trades and activity, reflecting sustained interest and potential market volatility. This increase in open interest suggests more people are trading and speculating on Bitcoin’s price movements.

The pseudonymous trader Rekt Capital pointed out on July 16 that surpassing $65,000 historically puts Bitcoin in a range that often leads to gains towards $71,500. This trend has been repeated several times this year, emphasizing its importance.

A climb to $71,500 would put Bitcoin on course to exceed its all-time high of $73,649, achieved on March 13.

Another anonymous crypto trader and analyst, Mags, compared Bitcoin’s past performances, noting similarities with previous bullish cycles. Mags observed that after a drop below the 200-day moving average in August 2023, Bitcoin experienced a significant rebound once it rose above the metric. These historical patterns suggest a potential move towards $70,000 or higher in the near term, depending on market sentiment and external factors.

Despite the bullish sentiment, significant short positions in the market could face potential liquidation if Bitcoin reaches $71,500. Data from CoinGlass indicates that approximately $1.47 billion in short positions could be at risk, illustrating the volatility and risk management challenges in cryptocurrency trading.

The coming days will be pivotal as Bitcoin’s price movements shape broader market sentiment and investor strategies. Traders are advised to approach the market with cautious optimism amid Bitcoin’s recent price movements.

Analysis of Bitcoin Price

Bitcoin has surged more than 10% in the last week, breaking through the crucial $65,000 barrier and reaching highs around $66,100. Bitcoin is currently trading above $65, 205 and the 100-hourly Simple Moving Average (SMA), indicating strong upward momentum.

A significant support line at $63,850 on the BTC/USD hourly chart reinforces bullish sentiment. Resistance lies ahead at $66,000, with further barriers at $66,500, $67,200, and $68,000, which could propel Bitcoin towards $70,000 if surpassed.

Technical indicators are showing bullish signs, with the hourly MACD gaining momentum in favor of buyers and the RSI above 50, signaling strength. Traders are closely watching these levels for potential upward movement. At the same time, traders are monitoring external factors, such as Mt. Gox repayments, which have the potential to significantly impact the market.

[buymatador]

GOLD PRICES RALLY: A NEW OPPORTUNITY ON THE HORIZON

Gold prices soared over 1% on Wednesday, indicating a potential new leg higher for the precious metal. As inflation in the United States shows signs of cooling, the Federal Reserve could reconsider its interest rate hike cycle. This development has led to increased optimism among investors and signals an opportunity to diversify portfolios with gold.

A Positive Turn for Gold

The spot price of gold rose 1.3% to $1,957.32 per ounce, and U.S. gold futures settled 1.3% higher at $1,961.70. A modest rise in U.S. consumer prices in June and a smaller-than-expected annual increase sparked hope in the market. Tai Wong, a New York-based independent metals trader, commented in a recent interview with Kitco, "Gold gapped $10 higher on the softer-than-expected CPI print on hopes that a July hike might be the last one of the cycle." The market anticipates that if gold breaks above the 50-day moving average at $1,960, it could trigger more bullish bets.

The dollar stumbled 1% to its lowest in over a year against major currencies following the U.S. inflation report, making gold more attractive for holders of other currencies. Lower yields on 10-year U.S. notes also favored gold, as these two assets typically move in opposite directions.

Interest Rates and Gold

Gold is highly sensitive to rising U.S. interest rates because these increase the opportunity cost of holding non-yielding bullion. The prospect of the Fed easing its monetary tightening stance could therefore be beneficial for gold prices. Despite a analysts seeing 91% chance of a 25-basis point Fed rate hike later this month, the market seems to be betting on a halt after this increase.

A Cautious Optimism

Economic activity in the United States has grown slightly in recent weeks. The U.S. central bank's latest "Beige Book" survey indicates that five out of its 12 districts reported some growth, while two reported modest declines. Overall, economic expectations for the coming months anticipate slow growth, signaling cautious optimism in the marketplace.

Despite multiple rate increases over the last year, the economy continues to show growth. However, the most recent inflation data presented a benign view of inflation, adding to the hope that the Fed's preferred measure of inflation - the personal consumption expenditures price index - would decline, aligning it closer to the central bank's 2% target.

The Benefits of Gold in Your Portfolio

Adding gold to your portfolio can offer several benefits, including acting as a hedge against inflation and providing portfolio diversification. Historically, gold has had a low to negative correlation with stocks and bonds, which can make it an effective tool for diversifying a portfolio. In times of market turmoil or economic uncertainty, gold prices often rise as investors seek safe-haven options, potentially offsetting losses in other asset classes.

Buy Gold With Matador and Experience the Future of Gold Buying

In light of the potential uptrend in gold prices, it may be the right time to consider adding gold to your portfolio. With Matador, the process of buying gold is easier, quicker, and more secure than ever before. Say goodbye to complex procedures, long waiting times, and substantial storage fees. Matador transforms the process of buying gold into a seamless experience.

You can start purchasing gold in increments as small as 1 gram, and every purchase is securely stored in the Royal Canadian Mint. This removes the burden of physical storage and provides peace of mind. Matador upholds the highest standards of security and quality. Our network of certified gold vaults and esteemed Canadian partners ensures the integrity of every transaction.

Our commitment is to offer a transparent, safe, and efficient gold buying experience. By choosing Matador, you can take advantage of potential growth in gold prices while also diversifying your portfolio. Download the Matador app today and experience the future of gold buying in Canada.

[etiennekissborlase]

Bitcoin Short-Term Holder Cost Basis Rises To $25300 What Does It Mean?

Bitcoin Short-Term Holder Cost Basis Rises To $25,300, What Does It Mean? https://bitcoinist.com/bitcoin-short-term-holder-cost-basis-rises-25300/ On-chain data shows the Bitcoin short-term holder cost basis has now risen to $25,300; here’s what this tells us about the market. Bitcoin Short-Term Holder Cost Basis Has Gone Up Recently According to data from the on-chain analytics firm Glassnode, the average acquisition price of the short-term holders continues to approach the spot price. The relevant indicator here is the “realized price,” a metric derived from the “realized cap.” The realized price is a capitalization model for Bitcoin that puts each coin’s “real” value in the circulating supply as the price at which it was last moved on the blockchain, rather than the current spot price as the normal market cap does. The realized price is obtained when this cap is divided by the total number of coins in circulation. Since the realized cap accounted for the investors’ cost basis (the price at which they bought their coins), the realized cap signifies the value at which the average investor in the market acquired their BTC. The realized price can also be defined explicitly for only parts of the market. Generally, BTC investors are divided into two main groups: the “short-term holders” (STHs) and the “long-term holders” (LTHs). The STHs include all investors holding onto their coins since less than 155 days ago, while the LTHs have those holding since more than that threshold amount. Now, here is a chart that shows the trend in the Bitcoin realized price for the entire market, as well as the versions of the metric for the STHs and LTHs, over the last few years: As displayed in the above graph, the Bitcoin realized price (for the total market) is around $20,100 currently, meaning that the average investor bought their coins at this price. The market’s realized price has held historical significance for the asset, acting as the transition mark between the bear market lows and bullish periods throughout the cycles. Generally, during bear markets, this level has acted as resistance, while during bulls, it has supported the price. This level is unrelated to the spot price because it is an important psychological point for investors. As it’s the price they bought at, holders would prefer to sell at this price during bear markets to avoid losses. In full-blown bull rallies, however, Bitcoin investors would see this level as a preferable point to accumulate more, thus explaining why it may act as support in such periods instead. Similarly, the cost basis of the STHs and LTHs has also acted as resistance and support. The various interactions of the STHs’ realized price are most prominently visible during the 2021 bull run in the chart. The STH realized price has also increased as the current rally has continued. This is normal behavior seen during uptrends in the price, as the STHs include only the investors who bought most recently. Since the most recent spot prices would be going up in such periods, the cost basis of the group would also naturally go up as fresh holders join them. This level is around $25,300, close to the spot price. It will be interesting to see how the spot price may interact with this line if BTC observes some extended downtrend soon. Such a retest would be a positive sign if successful, as this behavior would align with historical bull markets. BTC Price At the time of writing, Bitcoin is trading around $28,200, down 1% in the last week. via Bitcoinist.com https://bitcoinist.com May 10, 2023 at 10:30PM