Nvidia is also launching Cryptocurrency Mining Processors (CMP) specifically for Ethereum miners. Source
Nvidia Redesigns Graphics Cards to Limit Their Use in Ethereum Mining
Day: February 18, 2021
As Millions Drown in Today’s Poverty Trap, Macro Strategist Raoul Pal Says ‘Bitcoin Is a Life Raft’ – Economics Bitcoin News
Global Macro Investor CEO, Raoul Pal, discussed the current economy this week and asked his 394,000 followers if people are using the wrong denominator when it comes to certain economic factors. One thing’s for certain, wages have not increased, no matter the common denominator people use to measure today’s salaries. Pal wholeheartedly believes that bitcoin is the only “life raft” he knows of that has “the optionality to change this [issue] over time.” Macro Strategist Asks: ‘Do We Have the Wrong Denominator?’ Raoul Pal is a bitcoin bull and he’s…
Libra Co-Creator’s VC Firm Co-Leads $12M Round in ‘Decentralized GitHub’
In retrospect, it was inevitable: A team of blockchain developers has forked GitHub and come up with a system for collaborating on open source software. There’s even a decentralized finance (DeFi) twist. Announced Thursday, Radicle, a fully decentralized code repository, has raised $12 million in funding, integrated its peer-to-peer network with Ethereum and launched the RAD governance token. The funding round was led by NFX and Galaxy, with participation from Placeholder, Electric Capital and ParaFi Capital; Naval Ravikant, Balaji Srinivasan and Meltem Demirors were also involved. Notably, it’s the first…
Bitcoin Live Technical Analysis – ALL TIME HIGH IS COMING-
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin Live Technical Analysis – ALL TIME HIGH IS COMING- Koinvizyon web sitesi, Koinvizyon Telegram kanalları ve Koinvizyon sosyal medya sayfalarında yer alan yatırım bilgi, yorum ve tavsiyeleri yatırım danışmanlığı kapsamında değildir. Yer alan yorum ve tavsiyeler, yorum ve tavsiyede bulunanların kişisel görüşlerine dayanmaktadır. Bu görüşler, mali durumunuz ile risk ve getiri tercihlerinize uygun olmayabilir. Bu nedenle, sadece burada yer alan bilgilere dayanılarak yatırım kararı verilmesi, beklentilerinize uygun sonuçlar doğurmayabilir. Koinvizyon kapsamındaki gerek sözel gerekse de grafik bilgiler ulaşılabilen ilk kaynaklardan iyi…
Bitcoin and Ether Market Update February 18, 2021
Total crypto market cap added $100 billion to its value for the period since Monday and now stands at $1,558 billion. The top ten coins are showing mixed results for the last 24 hours with Binance Coin (BNB) growing by 29 percent while Ripple’s XRP (XRP) erased 2.4 percent. At the time of writing bitcoin (BTC) is trading at $51,243 on the Bitstamp daily chart, ether (ETH) climbed up to $1,895. BTC/USD Bitcoin closed the previous trading week with a 25 percent of a price increase. During the intraday session…
What to Expect from FAANG Stocks ahead of $1.9T Stimulus and BTC Institutional Adoption
FAANG stocks are expected to continue with the 2020 rally as their demand prevails on the ground. The third stimulus package is in its final stages to be approved by the United States Congress. Most of the FAANG stocks have been trapped in a consolidation level, as investors and analysts analyze most companies’ fourth-quarter earnings results. Notably, there have been speculations that huge companies included in the FAANG stocks are looking into adding Bitcoin (BTC) to their balance sheet to diversify and reduce their risk. As the Fed gets to…
Who ISN’T Dabbling as Bitcoin Passes $52K, Ether Tops $1,900
Price Point Bitcoin (BTC) was lower after surging on Wednesday to a new all-time high price above $52,000, while ether (ETH) topped $1,900 for the first time, pushing toward the psychologically crucial $2,000 mark. “My sense is the technology has evolved and the regulations have evolved to the point where a number of people find it should be part of the portfolio, so that’s what’s driving the price up,” Rick Rieder, head of global allocation for the $8.7 trillion money manager BlackRock, told CNBC. “We’ve started to dabble a bit.” In…
Bitcoin May Be a Better Investment Than Gold, Says DoubleLine CEO Jeffrey Gundlach
“Bond King” Jeffrey Gundlach has had a change of heart on bitcoin. Gundlach – CEO of DoubleLine Capital, an investment firm with more than $130 billion in assets under management – now says bitcoin could be a better bet than gold. Gundlach’s change of stance comes on the heels of bitcoin’s dizzying rise from $10,000 to $52,000 seen in the past 4.5-months. The cryptocurrency has charted a 10-fold rally in the past 11 months, offering a significantly higher return than gold amid the massive inflation-boosting monetary and fiscal stimulus delivered…
Bitcoin Price Around $51K Now, Volatility Weakened BTC on Wednesday
Bitcoin is stable after a volatile Wednesday and mostly trading at $51,220. By Dmitriy Gurkovskiy, Chief Analyst at RoboForex. Bitcoin (BTC) price is over $51 now. MicroStrategy is investing $900 million in BTC. SynBiotic SE is converting some of its funds into BTC. The weekly chart of Bitcoin shows the ascending tendency with the target at $57,000. The MACD signal lines are moving upwards within the histogram area as they have already formed the “Black cross”, and that’s another signal in favor of further growth. At the same time, the Stochastic…
Bitcoin Price & Technical Analysis: Volatility Weakened BTC On Wednesday
Bitcoin is stable after a volatile Wednesday and mostly trading at $51,220. By Dmitriy Gurkovskiy, Chief Analyst at RoboForex. BTC/USD technical analysis. MicroStrategy is investing $900 million in BTC. SynBiotic SE is converting some of its funds into BTC. The weekly chart of Bitcoin shows the ascending tendency with the target at $57,000. The MACD signal lines are moving upwards within the histogram area as they have already formed the “Black cross”, and that’s another signal in favor of further growth. At the same time, the Stochastic Oscillator has also the…