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CS:GO: Zews Is No Longer Coaching For Evil Geniuses

The Brazilian ends his 14-month stay at EG’s helm. Wilton “zews” Prado announced through Twitter that he will be parting…

The post CS:GO: Zews Is No Longer Coaching For Evil Geniuses appeared first on Esports News Network | ESTNN.

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The Brazilian ends his 14-month stay at EG’s helm.


Wilton “zews” Prado announced through Twitter that he will be parting ways with Evil Geniuses. The 33-year old Brazilian, who has been coaching for Evil Geniuses since April 2020, has left the North American gaming organization over disagreements on the issue of guiding the team’s direction. Evil Geniuses will next be competing in the Intel Extreme Masters 2021 Summer tournament, where they are pitted against Team Spirit in the first round of Group B.

zews has had a storied coaching career leading teams like Luminosity Gaming, SK Gaming, and Team Liquid to first-place finishes in various Majors. He also guided Evil Geniuses to the champion’s spot in the BLAST Premier: Spring 2020 American Finals in June 2020 just three months after joining the squad. EG had to go through zew’s former team, MIBR, to claim the trophy.

During the first four months of zews’ stay in Evil Geniuses, the team won three regional titles. But EG had a run of poor finishes after traveling to Europe in October. The team failed to make it out of the group stages in many of their recent competitions. They failed to win a single match in their last two tournaments: FunSpark ULTI Europe Final and cs_summit 8. The team is now ranked 38th in the world and has been outside of the Top 20 since April.

Evil Geniuses continue to make changes

Zews’ exit is now the third roster change for Evil Geniuses in three months. Ethan “⁠Ethan⁠” Arnold, who left the squad to play for 100 Thieves’ Valorant squad, was replaced by Owen “⁠oBo⁠” Schlatter in March. The team also decided to bench Tarik “⁠tarik⁠” Celik and recruited Michał “⁠MICHU⁠” Müller from Virtus.pro to take his place when no improvements were seen.

There is no word yet from Evil Geniuses as to who will be taking zews’ place. There is also no news yet where zews will be heading.

Featured image via StarLadder.

Source: https://estnn.com/csgo-zews-is-no-longer-coaching-for-evil-geniuses/

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How Many Bitcoin U-Turns? Goldman Sachs Now Says Bitcoin Is Not a Viable Investment

Republished by Plato

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The US multinational investment bank Goldman Sachs continues with its 180-turns on the cryptocurrency industry. After its recent interest that included filing for a Bitcoin ETF and exploring crypto as an asset class, the institutions’ latest report said virtual currencies are not a “viable investment.”

Crypto Is Not a Viable Investment: Goldman

It’s safe to say that Goldman Sachs has displayed a controversial approach to the cryptocurrency space. The latest report coming from the Wall Street giant takes it back a notch by going to its hostile policy from previous years.

Titled “Digital Assets: Beauty Is Not in the Eye of the Beholder,” it touched upon some of the most recent concerns, including high energy consumption required in the process of mining. This topic was raised in May by Tesla’s Elon Musk, who criticized BTC for using too much coal fuel.

Despite numerous reports claiming otherwise, Tesla disabled bitcoin payments citing environmental issues.

The paper also touched upon cryptocurrencies’ usage in ransomware attacks after numerous hacks transpired on US soil in recent months. After each, the perpetrators indeed requested the payments to be sent in bitcoin.


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Furthermore, the document named impending regulations as the “biggest risk to the speculative aspects of this ecosystem.” Keeping in mind all of these concerns, the bank concluded:

“After analyzing various valuation methodologies and applying our multi-factor strategic asset allocation model, we have concluded that cryptocurrencies are no a viable investment for our clients’ diversified portfolios.”

How Many U-Turns?

The mentioned-above word ‘controversial’ might not be strong enough to describe Goldman’s ever-changing views on the industry.

The institution was among the first regulated entity to launch a crypto trading desk all the way back in 2017. Yet, that came amid the parabolic price increases, and when the year-long bear market followed, Goldman halted the initiative.

In the meantime, Goldman held a conference call in which it said bitcoin is not an asset class. Bank executives repeatedly questioned BTC’s ability to serve as a reliable store of value and blasted its volatility.

Yet again, Goldman restarted the trading desk this year when, once again, prices were skyrocketing to new highs. It also filed for a Bitcoin ETF with the SEC, explored launching custody services, added BTC to its year-to-date returns report, participated in investment rounds in crypto projects, and enabled clients to trade bitcoin derivatives.

With all of that in mind, it’s not such a surprise that Alex Kruger and other crypto community members viewed Goldman’s latest U-turn as nothing out of the ordinary.

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Source: https://cryptopotato.com/how-many-bitcoin-u-turns-goldman-sachs-now-says-bitcoin-is-not-a-viable-investment/

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Blockchain

Are Solana, KAVA, Maker, Polkadot good bets in this timeframe?

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One of the market’s top institutional investors, Grayscale, has updated its list of investments in cryptocurrencies, adding 13 new altcoins to its portfolio. From Solana [SOL] to Polygon [MATIC] and KAVA, Grayscale’s new investments have introduced an inflow to several altcoins that have rallied since the beginning of 2021. Though their addition to Grayscale’s portfolio has turned the market sentiment bullish, there are other factors driving their price rally too.

In the case of SOL, the rapidly growing ecosystem of projects makes traders bullish in the long term. SOL’s price has risen as high as $38 while trade volume dropped by nearly 40% in 24 hours. A drop in trade volume could be interpreted as an accumulation and the beginning of a price rally.

To get started with DeFi and NFT ecosystems and projects, more traders are signing up for SOL and there has been a consistent increase in the number of active traders. Additionally, several oracle networks like Switchboard are bringing feeds to the Solana Mainnet. This has increased the popularity of Solana, making it mainstream and increasing the demand across exchanges.

Source: CoinMarketCap

Similarly, in the case of KAVA, MKR, and DOT, the social volume seems to be signaling an upcoming price rally. KAVA’s top features make it rewarding for traders to accumulate since the network fees are optional and rewards are relatively high, with the same recently hitting an ATH too.

What’s more, KAVA has emerged as one of the most rewarding DeFi projects since the beginning of 2021, with the same seeing a hike in trade volume and market capitalization. The said hike is also indicative of increasing demand across spot exchanges.

Grayscale is known for exploring new potential products and this may have driven them to consider the trending altcoins of 2021. However, considering these altcoins, in particular, signals the potential for relatively high short-term ROIs. Since the beginning of 2021, the market capitalization of these altcoins has increased consistently.

In the past week itself, the market capitalization has increased by over 20% for altcoins like DOT, MKR, and KAVA. MKR has emerged as a top volume gainer several times over the past two weeks and this makes it further lucrative for altcoin traders to buy MKR for relatively high short-term ROIs. MKR, KAVA, DOT, and SOL are likely to rally based on these metrics.


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Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://ambcrypto.com/are-solana-kava-maker-polkadot-good-bets-in-this-timeframe

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