Zorax Crypto Daily Forecasts and News for 04.09.2019🔮

Published in

cryptoindex.io

4 min readSep 4, 2019

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 Tether may release a stablecoin provided with a basket of stock assets, Burger King will accept BTC and other interesting news for today.

👇 Don’t forget to check out fresh predictions powered by our AI Zorax.

💸 The branches of Burger King and the consulting firm PwC will accept bitcoin. The first company (the German division) already accepts BTC on its website and in the mobile app. The second company (a division in Luxembourg) will introduce crypto payments from October 1.

✔️ VanEck and SolidX are going to bypass the regulatory barriers built by the SEC by launching Bitcoin ETF but in a limited version. Companies will take advantage of the exception to the SEC rules, which allows them to offer bitcoin trust shares to financial institutions (hedge funds, banks), but not to retail investors.

💼 The stablecoin issuer Tether (USDT) intends to issue a new coin secured by a set of commodities: gold, oil, and rubber. According to crypto-investor of the Bitfinex exchange Zhao Dong, this idea is connected with the desire to reduce risks based on the need to store large amounts in the bank to provide cryptocurrency.

Predictions List

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

76%

💵 Total cryptocurrency capitalization:
$267 696 332 058 (↑1,23%)

🗓 Trading volume per day:
$59 656 373 961 (↑1,80%)

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 a negative mood for the last 24 hours.

Prediction List

#andherewegoagain — For today Zorax shows most coins for selling📉

Coins with neutral prospects ⚖️— Maker, DigiByte, FunFair, Mithril, Cindicator

For buying📈 — Cardano, THETA, Golem, WAX, Loopring, Ark, Achain, Blox, INS Ecosystem, All Sports.

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

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.

Thank you for your attention!