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Nvidia could make crypto mining GPUs again if there’s demand, says CFO

January 18, 2021 BTC, crypto mining, ETH, Ethereum, GPUs, Mining, Nvidia Eddy 0

Chipmaker Nvidia could restart manufacturing dedicated crypto mining GPUs (graphics processing units) if there is demand, according to its CFO Colette Kress. Speaking at a conference last week, Kress said, “if crypto demand begins or if we see a meaningful amount, we can also use that opportunity to restart the CMP product line to address ongoing […]

UK fund manager Ruffer: we are in the “foothills” of institutional adoption of bitcoin

January 18, 2021 Bitcoin, BTC, Institutional, Ruffer Eddy 0

Ruffer Investment Company, the British fund manager which recently revealed it had bet £550m on bitcoin, has published more details about the headline-grabbing move. In a review covering the six months to December 31, 2020, Ruffer said it has a history of using “unconventional protections” and that it views bitcoin in that same vein during […]

Crypto Prices Consolidate, Handful of Altcoin Markets Pop, Bitcoin Accumulation Addresses Rise

January 18, 2021 BCH, Bitcoin, Bitcoin (BTC), bitcoin cash, BTC, crypto assets, Cryptocurrencies, Cryptocurrency, Ethereum, Etoro analyst, glassnode, Market Cap, Market Update, Market Updates, Markets, Markets and Prices, Price, Rafael Schultze-Kraft, Simon Peters, Teddy Cleps, Valuations, XRP Eddy 0

The price of bitcoin and a number of digital assets have been consolidating this week, after a number of crypto markets dropped over 25% the week prior. The entire crypto-economy is hovering just below the $1 trillion mark at $987 billion, gaining 1.3% during the last 24 hours. Crypto Asset Markets Consolidate A good number […]

CIO of investment giant Guggenheim confirms Bitcoin price prediction of $400,000

January 18, 2021 Bitcoin, BTC, News Eddy 0

The Bitcoin price could reach $400,000 driven by mainstream adoption. Asset management firm Guggenheim confirms its investment in Bitcoin. Guggenheim Partners Chief Investment Officer Scott Minerd has given an interview to Bloomberg Markets and Finance. During the interview, Minerd reiterated his position that the price of Bitcoin should be close to $400,000 and called the […]

Grayscale’s Michael Sonnenshein Says Institutional Investors ‘Looking for Broad Exposure’ as Company Raises $700 Million in One Day

January 18, 2021 bitcoin trust, BTC, Crowdfunding, Crypto asset, cryptos, grayscale bitcoin, Grayscale products ex bitcoin trust, institutional investor, Michael Sonnenshein, New York Digital Investment Group, Robert Gutmann Eddy 0

Grayscale CEO Michael Sonnenshein says institutional investors are also exhibiting a growing interest in diversifying their investments by choosing other crypto assets besides bitcoin. Sonnenshein, who was recently appointed to the CEO position, made the comments just before the revelation that the company had raised more than $700 million in a single day. The asset […]

Russian crypto exchange Livecoin is shutting down after a claimed attack that caused a $3.3 million loss to users

January 18, 2021 Attacks, BCH, Bitcoin, BTC, Doge, ETH, exchange hacks, Exchanges, Hacks, Livecoin, Russia, Tether, USDT, XRP Eddy 0

Russian cryptocurrency exchange Livecoin has announced that it is shutting down after witnessing a “carefully planned attack” last month. “Our service has been damaged hard in technical and financial way,” said Livecoin on Saturday. “There is no way to continue operative business in these conditions, so we take a hard decision to close the business […]

Bitcoin options volume rises to 8.8 bn – Will January 29 be D-Day?

January 18, 2021 Bitcoin, BTC, News Eddy 0

Bitcoin options volume on major exchanges is rising to $8.8 billion, pointing to a new all-time high. According to analyst Willy Woo, more and more high-net-capital investors are entering the market. Bitcoin is trending sideways after retesting the $40,000 mark last Friday and continues to show high volatility. Within the last 24 hours, the Bitcoin […]

IMF Tells Governments: Spend as Much as You Can and Then Spend More

January 17, 2021 Bitcoin, brrrr, BTC, country spending, Economics, government spending, IMF, imf countries, imf governments, Money Printing, print money, spending Eddy 0

The head of the International Monetary Fund (IMF) has called on countries worldwide to spend as much as they can and then spend more. She admitted that this is a “very unusual” policy for the IMF but it is needed to revive economies. Many people are interpreting her statement as very bullish for bitcoin. IMF […]

Dollar-Cost Averaging Crypto Profits: Low-Risk Bitcoin Investing Without All the Stress

January 17, 2021 $1 Weekly Investment, $10 Weekly Investment, Average Purchase Price, Bitcoin, Bitcoin (BTC), BTC, Crypto Asset Investing, Cryptocurrency, DCA, DCA Average, dcabtc.com, Dollar-Cost Averaging, Featured, Markets.Bitcoin.com, Recurring Investment, Research, Trading Eddy 0

Bitcoin prices and a number of other digital assets have grown significantly in value during the last decade. Some people have made millions and even billions throwing down everything they have during the cryptocurrency’s earliest days of price discovery. However, there’s another method of investing called dollar-cost averaging or DCA, a scheme that’s considered far […]

Goldman Sachs explores custody of Bitcoin, Ethereum and digital assets

January 17, 2021 Bitcoin, BTC, News Eddy 0

Goldman Sachs issues information request documents to explore digital asset custody. Goldman Sachs’ digital asset custody strategy aims at stablecoins and possibly Bitcoin and Ethereum. A Coindesk report reveals Goldman Sachs’ plans to become a custodian of digital assets that could include Bitcoin and Ethereum. The report cites a source within Goldman Sachs. The source […]

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