CryptoIndex Weekly Digest and Crypto Forecast for 13.08.2019 by AI Zorax.

CryptoIndex
cryptoindex.io
Published in
5 min readAug 13, 2019

CryptoIndex is a tool for exposure to the crypto m9arket 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.

Hey CIX100 community! The last week was interesting. So let’s see what happen if you missed:

  1. Cryptoindex was mentioned in Satoshinakamotoblog. Crypto index has been noted as one of the best tools for diversification.
  2. Then, Cryptoindex.com was listed on Investing.com🚀Now professional players will be able to get access to the Cryptoindex and crypto community is becoming stronger and more cohesive.
  3. KuCoin and Cryptoindex teams made a Lucky 8 Carnival on August 8, 2019 (UTC+8) and gave away red envelopes with prize fund 5000 CIX100. All participants will get their prizes next week. If you want to join, follow the news!

Now let’s move on to the main news around the crypto world🔥:

🔸 Experts explained the main factors that stimulating the growth of BTC. Fundstrat co-founder Tom Lee believes that the leading cryptocurrency will continue to grow amid the US-China trade war. Galaxy Digital founder Mike Novogratz said the devaluation of the renminbi would play a significant role in BTC growing.

🔸 Venezuelan citizens exchanged 68 billion local bolivars for BTC. American authorities have freezing of the assets of the Venezuelan government, and volume of trading in bitcoin in Venezuela has updated the historical maximum.

🔸 Over the past three months, the correlation between bitcoin and gold has doubled, according to Bloomberg. If last year this figure was 0.496, then over the past few months it has grown to 0.827.

🔸 Bitcoin developer Brian Bishop is going to implement a long-standing idea to strengthen protection of cold wallets using the delay mechanism transaction. In case of danger, the wallet owner could always reverse an unwanted transaction.

🔸 The US Securities and Exchange Commission (SEC) has postponed decisions on three Bitcoin ETFs in the fall. Bitwise and VanEck / SolidX will receive a response from the regulator in mid-October, with a final review of Wilshire Phoenix’s application scheduled for September 29th.

So let’s see Zorax forecasts for today — August 13, 2019.

Let’s check out together😉

You see the full list of predictions below👇

If you see this list first time in your life let’s see how to read it:

  • 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 methodology.

Top 5 gainers 24h (USD)

Top 5 losers 24h (USD)

Top Buy Tomorrow

Top Sale Tomorrow

Bundles for the last 24 hours

All Bundles show good results in the last 24 hours. The marketplace becomes more profitable.

Today’s prediction stats

Total coins
99/100

Predictions term
1 day

Last prediction accuracy
71%

For today Zorax shows positive prospects for such coins as — Binance Coin, Monero, Komodo, Metaverse ETP, THETA, Golem, Revain, DigixDAO, Gnosis, Metal, Everex.

The neutral prospect — Ethereum Classic, Dogecoin, Verge, aelf, Power Ledger, Storj, Cortex, Request Network.

Rest of coins — selling.

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

So, here are valid predictions for tomorrow. Let’s check out them!

Don’t forget to check out them tomorrow.

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.

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