Cryptoindex Daily Forecasts for 11/3/2019

CryptoIndex
Nov 3 · 4 min read

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.

The Association of Private Banks of Germany (Bankenverband), which includes more than 200 financial institutions, has supported the digital euro, The total amount of commissions for transactions in the Bitcoin network exceeded $ 1 billion, crypto predictions and other news for today👇:

✍️ Bloomberg reports that cryptocurrency futures trading volume currently accounts for 50% of the spot market’s turnover. The publication is referred to as data from 13 major exchanges (Bakkt, CME, Binance, Bitfinex, etc.). Bloomberg writes that trading volumes in regulated contracts and open positions follow Moore’s law, doubling every 18 months.

☑️ The Association of Private Banks of Germany (Bankenverband), which includes more than 200 financial institutions, has supported the digital euro. At the same time, banks believe that a digital euro created on the basis of cryptography should work on a pan-European payment platform.

💸 The total amount of commissions for transactions in the Bitcoin network exceeded $ 1 billion. Bitcoin developer Jameson Lopp said that fees perform important functions on the blockchain. They help to avoid spam attacks, allow you to determine the priority of transactions and ensure their completeness.

💼 The Chicago Mercantile Exchange CME has announced the specification of options for bitcoin, which will be launched in the first quarter of 2020. Each option will be based on one Bitcoin futures contract, which in turn contains 5 BTC. An option gives the right to buy or sell a futures contract.

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.

➡Cryptoindex.com methodology📚

Today’s prediction stats

Total Coins
99/100

Predictions Term
1 day

Last Predictions Rate

53%

CryptoIndex.com(CIX100) amount:

0.6700(↓2.34%)

💵 Total cryptocurrency capitalization:
$246 259 105 607 (↓1,23%)

🗓 Trading volume per day:
$71 939 373 777 (↓3,19%)

Our special rubrics neural algorithm:

Top 5 gainers 24h (USD)

Top 5 losers 24h (USD)

Top Buy Tomorrow

Top Sale Tomorrow

Crypto Bundles

Today we see a strong negative trend for all bundles.

Prediction List

For today we see a negative crypto market mood from our Cryptoindex AI. Again😕 Let’s see what’s going on:

For buying — Bitcoin Cash, Bitcoin SV, Stellar, Ontology, Augur, ICON, DigiByte, Komodo, Bytom, Metaverse ETP, aelf, Stratis, Revain, iExec RLC, Wanchain, TenX, Cortex, Achain, Gifto, Neblio.

Neutral Prospects — Cardano, Ethereum Classic, OmiseGO, Enjin Coin, Cindicator, Raiden Network Token, Odyssey.

Rest of coins — for selling.

In the right column, you can see thumbs either up or down. They show whether it was right the last time.

So, here are valid predictions for today. Thank you for your attention!

Follow our news. Subscribe to our newsletter to get fresh analytics from Cryptoindex every 2 days for free!

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

cryptoindex.io

Cryptoindex is an exciting new AI-powered platform built to, essentially, predict the next Bitcoin. It accomplishes this through the creation of a cryptocurrency market benchmark known as the Cryptoindex100, which utilizes a one-of-a-kind Zorax algorithm.

CryptoIndex

Written by

http://Cryptoindex.io - all crypto in one coin

cryptoindex.io

Cryptoindex is an exciting new AI-powered platform built to, essentially, predict the next Bitcoin. It accomplishes this through the creation of a cryptocurrency market benchmark known as the Cryptoindex100, which utilizes a one-of-a-kind Zorax algorithm.

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade