Cryptoindex AI Daily Predictions and News for 01/14/2020
CryptoIndex is a tool for exposure to the crypto market and serves as a smart benchmark for all cryptocurrencies. The AI-based Cryptoindex algorithm is continuously analyzing more than 2000 coins applying over 200 factors, processing more than 1 million signals per second to provide a highly sophisticated index of the top 100 coins.
Head of Blockstream Adam Back believes that bitcoin is not so far from the $ 100,000 figure, according to researchers from Arcane Research, during the holiday week, trading volumes bitcoin grown-up to 126%, crypto predictions, and other news for today :👇
💬 Head of Blockstream Adam Back believes that bitcoin is not so far from the $ 100,000 figure. According to him, inflation of the US dollar contributes to the growth of BTC. The price of a coin rises at the same time as inflation. Back recalls that earlier, and $ 1000 seemed an unattainable level for bitcoin.
👛 The Litecoin Foundation reports that most of the Litecoin coins have been inactive for the past year. In particular, 40 million (in the amount of $ 2 billion) of 63 million LTC have not been transferred anywhere for more than 12 months. With Bitcoin, this number reached the mark of almost 11 million.
🔺 According to researchers from Arcane Research, during the holiday week, trading volumes bitcoin grown-up to 126%. At the same time, on January 8, the amount of transactions amounted to almost $ 1.5 billion. “The market rebounded sharply after the disappointing $ 192 million recorded on January 1,” they write.
Now let’s take a look at the Cryptoindex AI prediction sheet👇
Of course, let’s explain how does it work for newcomers:
- At the top, you can see “prediction” and “last prediction accuracy”
- Our algorithm performs as an indicator of probable price movement.
- The prediction accuracy rate for the previous period.
Last Predictions Rate
💵 Total cryptocurrency capitalization:
$226 491 381 970 (↑4,44%)
🗓 Trading volume per day:
$96 450 749 111 (↑25,12%)
Our special rubrics neural algorithm:
Elastic(XEL) is a TOP gainer for the last 24 hours.
TokenCard(TKN) is a TOP Losser for the last 24 hours.
Zcash(ZEC) is TOP buying for tomorrow.
Arcblock(ABT) is showing the worst result for tomorrow.
All bundles in a positive mood for the last 24 hours, excluding Artificial intelligence.
BTC again updated the top price of 2020. Crypto rally didn’t finish yet?🧐
Rest of coins — selling📉
See the full list below👇
So, here are valid predictions for today. Thank you for your attention!
The AI-based CryptoIndex algorithm is constantly learning by consuming huge amounts of data rapidly making decisions and choices that humans would struggle to match.
You can always check the current CIX100 composition on our website.
Stay updated on our channels:
Follow CRYPTOINDEX on Telegram
Follow CRYPTOINDEX on Medium
Follow CRYPTOINDEX on Twitter
Follow CRYPTOINDEX on Facebook
Follow CRYPTOINDEX on Linkedin
Follow CRYPTOINDEX on Reddit