Monthly Archives: February 2021

Bitcoin ETF approval more likely under new SEC leadership, says Ark Invest CEO

“I think the probability of an ETF has gone up,” said Cathie Wood Ark Investment Management founder and CEO Cathie Wood said the likelihood that U.S. regulators will approve a Bitcoin exchange-traded fund has gone up under the Biden administration. In an interview with CNBC’s Bob Pisani today, Wood said there were two signs that the Securities and Exchange Commission might be more open to greenlighting a Bitcoin (BTC) exchange-traded fund, or ETF. Under previous administrations, the regulatory body did not approve any Bitcoin ETFs, to the […]

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3 reasons why IOST price has risen 650% in 2021

IOST price has increased by 650% in 2021, propelled by DeFi integrations, NFT functionality and staking support from major exchanges. Keeping up with the latest trends in cryptocurrency is a must for projects that want to stay relevant and continue to gain market share. The hype is currently swirling around decentralized finance (DeFi) and nonfungible tokens (NFTs) — and IOST is one protocol that has been capitalizing on these growing movements to help expand its community. Data from Cointelegraph Markets and TradingView shows that the price of […]

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Publicly-Listed Chinese Lottery Firm Acquires Bitcoin Mining Pool Btc.com

A U.S. publicly-listed Chinese sports lottery firm is extending its arms into the crypto industry by announcing another related maneuver. 500.com Ltd announced it has acquired Btc.com, the well known bitcoin mining pool. Jihan Wu Is the ‘ Biggest Beneficial Owner’ of the Mining Pool Per the announcement, the online lottery service provider bought the company from Blockchain Alliance. 500.com performed the transaction by issuing newly class A shares, representing almost a 10% stake in the listed Chinese company. According to the filings, 500.com Ltd made the […]

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Monitoring GPU HotSpot Temperature for Nvidia GPUs With HWiNFO v6.43-4380 Beta

The latest HWiNFO v6.43-4380 Beta version is available now with a number of improvements and new features, but the most interesting new addition is the added monitoring of GPU HotSpot temperature for NVIDIA GPUs. Recently this free tool added the ability for users of the new Nvidia RTX 3080 and RTX 3090 GPUs from Nvidia to monitor the operating temperature of their GDDR6X memory chips, giving access to the hottest operating temperature. The GDDR6X memory chips apparently start to throttle at around 110 degrees and they do […]

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This Month In Bitcoin And Central Banks

Listen To This Episode: Apple Spotify Google Libsyn Overcast In this episode of Bitcoin Magazine’s “Fed Watch” podcast, Christian Keroles and Ansel Lindner gave an update on central bank news in relation to bitcoin. This is the only podcast that tackles this intersection of macro and bitcoin from a realistic and skeptical point of view. The cracks in the legacy financial system are fairly evident at this point, but it is not going to be a quick and easy transition to what is next. Bitcoin’s niche is […]

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xSigma Prepares to Launch Its Stablecoin DEX With Major Backers

PRESS RELEASE. xSigma is a decentralized exchange and liquidity mining platform that supports stablecoin swaps. It enables dollar-pegged assets to be traded onchain with minimal slippage and lower fees than existing AMMs. The project is gearing up for its public launch, when early adopters will have the opportunity to earn rewards for providing liquidity and traders can execute swaps in a highly liquid environment. Backed by a NASDAQ-listed company, and developed by an experienced team that includes former Google engineers, xSigma has secured the support of several […]

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MicroStrategy Ups Note Offering For Buying More Bitcoin To $900 Million

Just one day after CEO Michael Saylor announced that his company MicroStrategy was proposing a private offering of $600 million of convertible senior notes to buy more bitcoin, he announced that the offering will actually be $900 million of notes, according to a release.  MicroStrategy Announces Pricing of Offering of Convertible Senior Notes $MSTRhttps://t.co/jjyklHpXzp — Michael Saylor (@michael_saylor) February 17, 2021 The terms around this offering were also further clarified from what was proposed yesterday, as it was announced that they will not bear interest, and the […]

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Async programmable art platform secures over $2M in seed funding

Async Art is looking to lead the programmable art movement with a new funding round. Async Art, a Silicon Valley nonfungible token platform, has secured over $2 million in seed funding from at least 10 investors, highlighting the growing value proposition of programmable art.  The company announced the new raise on Wednesday, highlighting Async’s rapid growth since its February 2020 launch. In its first year of operations, Async generated over $1 million in art sales and launched a smart TV app to display digital art. Although the […]

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BlackRock has started to ‘dabble’ in crypto, says CIO

“Holding some portion of what you hold in cash in things like crypto seems to make some sense to me,” said Rick Rieder. Rick Rieder, chief investment officer at BlackRock Financial Management, hinted that the firm ha already invested a percentage of its portfolio into crypto. In an interview with CNBC’s Squawk Box on Wednesday, Rieder said BlackRock — with more than $8.6 trillion in assets under management — has “started to dabble a bit” into crypto investments. The chief investment officer described the volatility of cryptocurrencies […]

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Survey Finds Many Finance Managers Are Not Planning to Hold BTC— Volatility Cited as Key Concern

A new poll of finance managers by Gartner Finance finds that a majority are not planning to hold bitcoin as a corporate asset. In their responses, most of the 77 finance leaders interviewed cite bitcoin’s volatility as one characteristic of the crypto asset that is “extremely difficult to mitigate.” The Concerns of Finance Executives The survey’s findings appear to contradict the growing sentiment that many more listed companies will follow in the footsteps of Telsa, Microstrategy, and Square Inc. In a statement released alongside the survey’s findings, […]

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