​​NVIDIA to Launch Processor for Ethereum Mining

NVIDIA, the computer company known for its chips and graphics cards, has announced a new GPU specifically geared toward mining Ethereum cryptocurrency.

Graphics cards like NVIDIA’s are notoriously difficult to get a hold of, in part because they’re so in demand for professional crypto miners.

By intentionally lowering the computing power of the RTX 3060, and launching a new processor designed specifically for pro miners, NVIDIA is hoping to address those shortages.
#dailynews

​​BNB Flips Tether By Market Cap After Price Surge To 43%

BNB, Binance native token hits a new all-time high of $250 during Friday morning’s Asian trading session, with a 43% increase in 24 hours.

The price surge pushed BNB’s market cap to $40 billion flipping the total market cap of Tether to 4th place.

BNB is now among top 3 performing crypto assets by market cap after flipping Cardano, Polkadot, and Tether to settle behind Ethereum in third place.

#dailynews

​​Bitcoin Breaks All-Time High Above $57,000 As Demand Increases

BTC surged to a new all-time high, above the $57,000 on the Kraken exchange.

As Institutions and retail investors demand for Bitcoin, the price of the largest Cryptocurrency by market cap continues to surge upwards.

With the surge in price, bitcoin have crossed a major milestone of $1 trillion by market cap, making it the number 8th most valuable asset in the world.

Celebrities are also not left out in the rush to own Bitcoin.

#dailynews

​​Max Keiser: Bitcoin Could Increase By 4,000 Percent

Bitcoin bull and market analyst Max Keiser has issued a massive price prediction for bitcoin.

Wall street veteran and long-time bitcoin supporter Max Keiser predicted bitcoin could increase by 4,000%.

He said The reason why Bitcoin is skyrocketing is because there’s hyperinflation in America.

Keiser cited hyperinflation for U.S. dollars amidst ongoing stimulatory proposals that would see the Federal Reserve printing trillions in new fiat.

#dailynews

​​Recent Survey Shows That 25% U.S. Investors Own Crypto

Recent Survey of over 30,000 People over the age of 18 conducted by Piplsay, shows that majority of Americans believe cryptocurrency is a safe investment.

25% of the respondents already own crypto while 27% plan to invest later this year.

41% of respondents think that the stock market and cryptocurrencies are on the same pedestal of risk. Bitcoin is gaining mainstream adoption as Institutional Investors venture into it.

#dailynews

​​Coinbase Files With U.S. SEC To Go Public On The Nasdaq

Coinbase Exchange files with U.S. SEC to go public, and the success of the filing will make Coinbase the first Crypto Exchange to go public.

Data from Axios, shows that Investors who bought Coinbase’s stock in the secondary market paid $373 per share, bringing the firm’s valuation to over $100 billion.

Coinbase plans to list it as a Class A common stock on the Nasdaq Global Select Market using the ticker “COIN.”

#dailynews

​​Nigeria VP Believes Blockchain Will Replace Traditional Finance

Nigeria’s vice president, Yemi Osinbajo, shared positive opinions about crypto and blockchain in his speech at the Bankers’ Committee economic summit on Friday.

He believes that the Blockchain Technology would challenge traditional finance in more impactful ways.

In his words, Osibanjo opined “We need to be prepared for that seismic shift, and it may come sooner than later,”.

The Nigeria’s vice president moves for regulation and adoption of Crypto.

#dailynews

​​Coinbase CEO Brian Armstrong’s Net Worth Is Over $7 Billion

Coinbase CEO Brian Armstrong’s net worth is between $7 billion and $15 billion based on recent private share sales that valued the cryptocurrency exchange at as much as $100 billion, according to a Bloomberg report Friday.

This puts Armstrong among the world’s 500 richest people as Coinbase heads toward a public listing, the report said.

The executive also netted almost $60 million in salary for the full year of 2020, outpacing JPMorgan Chase CEO Jamie Dimon ($31.5 million) and Apple CEO Tim Cook ($14.7 million).

#dailynews

​​Rakuten Enables its Users To Spend BTC, ETH and BCH

Rakuten enables Rakuten Wallet users can now spend cryptocurrency especially BTC, ETH and BCH from their individual wallets for daily spendings through their Rakuten Pay accounts.

Rakuten Wallet, Rakuten Cash and Rakuten Pay currently support cryptocurrency spending at retail such as McDonald’s, Seiyu and FamilyMart.

The crypto payment integration will enable users to set up Rakuten Wallet and also receive incentives in Rakuten points.

#dailynews

​​Bitcoin Miners Generated Record $1.36 Billion in Revenue in February

Bitcoin miners generated $1.36 billion in revenue in February, up 21% from January, breaking 3-year record highs according to data from Coin Metrics.

$186 million came in from network fees, that is 13.7% of total revenue from the month of February.

Revenue from fees also hit all-time high mark since January 2018. Miner revenues moved between $0.23 and $0.38 TH/s throughout February, and stopped close to $0.30.

#dailynews

​​Travala Now Accepts LINK As Payment For Products and Travels

Travala.com now accepts Link, the native Cryptocurrency of Chainlink as a payment instrument enabling users to book tickets and rent apartments directly with their coins.

Users can now pay for Travala’s 3 million travel products using their LINK and travel across 90,000 destinations by just paying with their LINK.

Travala supports all major crypto-related payment systems, including Binance Pay, Crypto.com Pay, Swipe Card.

#dailynews

​​$100 Million Poured Into Bitcoin By a Leading Israeli Asset Manager

Altshuler Shaham, the biggest investment house in Israel have invested a $100M into Crypto, and have already made over a 100% profits as the investment was made end of 2020.

It is also the only known Israeli institution to have shown interests in crypto. Also, more institutions are showing interest in crypto, after the UK in 2020.

A Chinese beauty app maker, Meitu also invested $40M into Bitcoin and Ethereum.

@MichelleKellerCrypto #dailynews

​​10 Years of Bitcoin As Best Performing Asset by Overall 900% Gain

The record was noted by Compound Capital Advisors’ CEO and founder, Charlie Bilello, who gathered that Bitcoin has produced an overall 900% Gain, with The U.S. Nasdaq 100 ranked second, followed by U.S. Large Caps.

However, Gold is reported to have actually had a loss of about 8.5% since the beginning of 2021.

The best performing year for BTC was 2013 with over 5,507% gains. Bitcoin has hit 108% gain in 2021.

@MichelleKellerCrypto #dailynews

​​Bitcoin Retail Investors Exceeds Institutional Investors – Report By JPMorgan

Bitcoin retail investors have exceeded institutional inflows so far this quarter, according to a report by JPMorgan strategist Nikolaos Panigirtzoglou.

With this first quarter of the year, Retail investors have bought over 187,000 bitcoins so far this quarter, compared to about 172,684 purchased by institutional investors.

Inflow of the new round of U.S. stimulus checks in the coming days could impact retail investments too.

@MichelleKellerCrypto #dailynews

​​Morgan Stanley Ready To Stake Majorly in South Korea’s Bithumb Exchange

Morgan Stanley Bank, American Investment bank is getting ready to acquire a major stake in South Korea's Bithumb Cryptocurrency Exchange.

Morgan Stanley plans to invest up to $50 billion won that is equivalent to $44.1 million into Bithumb Exchange.

Bithumb has an expected valuation of $2 billion. The Investment Giant is more than determined to make fully vested stake in one of the largest Cryptocurrency Exchanges in South Korea.

@MichelleKellerCrypto #dailynews

​​Rich Dad Poor Dad Author Says Bitcoin Is 'Real Money'

Robert Kiyosaki, the highly successful author of the “Rich Dad Poor Dad” series of personal finance books, gave his latest thoughts on the relationship between money and happiness.

Kiyosaki said that despite what some people think, money “makes people happy” and pointed out that the key to staying happy is buying silver, gold, and Bitcoin, which are examples of what he calls “real money.”

@MichelleKellerCrypto #Dailynews

​​Goldman Sachs Files With U.S. SEC For Bitcoin-Related Investment Product

Goldman Sachs files with the US Securities and Exchange Commission for investment product tied to a security or basket or securities like an ETF called a Linked note.

Investors could get indirect exposure to bitcoin. The Linked note will track ARK innovation, an ETF affiliated to Grayscale.

Bloomberg ETF analyst, Eric BalchunasIt, that Goldman’s new Bitcoin-linked product is “like a side bet for its bigger institutional clients.

#dailynews

​​Grayscale Plans To Turn Its Bitcoin Trust Into An ETF

The US investment firm, Grayscale, launched in 2013, responsible for a mammoth $38.8 billion closed-end Bitcoin trust, has interest in converting the fund into a Bitcoin Exchange-Traded Fund.

It'll mean they would charge lower management fees and it would be easier to move money in and out which wasn't so before now.

The recent successful Bitcoin ETFs in neighboring Canada have rekindled the excitement for a Bitcoin ETF in the US. #dailynews

​​Argentina's Largest Futures Market Is Into Bitcoin

Matba Rofex, the biggest futures market in Argentina, is seeking regulatory approval in order to launch cash-settled Bitcoin futures.

The National Securities Commission will review the proposal but will not prioritize it, according to an Oct. 1. Apart from Bitcoin, Matba Rofex is also exploring similar products for other cryptos.

While Argentinians are able to trade such a product on unregulated exchanges, regulated Bitcoin futures are not available in the country.

#dailynews

​​Electronic Arts CEO Says NFTs, Play-to-Earn Are The Future Of Gaming Industry

Electronic Arts, the company behind gaming sports franchises like FIFA and NBA moves to consider the importance of new technologies such as NFTs and the play-to-earn model for the gaming industry.

Andrew Wilson, Electronic Arts’ CEO gives more explanation while having the conversation around NFTs and play-to-earn, noting its still very early and cannot be ignored as an important part of what might be to come in the industry.

#dailynews