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Guggenheim Seeks BTC Exposure As Per The Latest SEC Filing Shows

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Guggenheim seeks BTC exposure as the fund said it will invest in cryptocurrencies as a part of a new fund as we can see more in our latest Bitcoin news.

Guggenheim partners as one of the world’s biggest fund managers with $270 billion in client assets under management and now Guggenheim seeks BTC exposure as a part of the new fund as per the new filing with the US Securities and Exchange Commission. The fund is known as the Guggenheim Active Allocation Fund will invest cryptocurrencies as a part of the larger bracket of alternative and traditional assets and it will utilize quantitative and qualitative analysis to identify the securities with attractive relative value and the risks and reward characteristics. The filing read:

“The Fund may seek investment exposure to cryptocurrency (notably, Bitcoin), often referred to as “virtual currency” or “digital currency,” through cash-settled derivatives instruments.”

The filing explained that these include cash-settled exchange-traded futures or investment vehicles that offer exposure to BTC or other cryptocurrencies via direct investments. It’s not exactly good for BTC in the filing and Guggenheim addressed the risks that cryptocurrencies are susceptible to including the volatile nature with chances of exchanges going offline, negative public perception and cyber risks, and the general risks attached to the technological investment.

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Guggenheim pointed out other factors which aid the development of the overall market:

“Factors affecting the further development of cryptocurrency, include, but are not limited to: continued worldwide growth or possible cessation or reversal in the adoption and use of cryptocurrency, changes in consumer demographics and public preferences, and the use of the networks supporting digital assets for developing smart contracts and distributed applications.”

BTC Continues To Drop , price, bitcoin, level, resistance
Bitcoin on motherboard,3d rendering,conceptual image.

The development came on the back of Guggenheim filing with the SEC invest as about 10% of its $5.3 billion Macro Opportunities Fund in the Grayscale Bitcoin Trust as a regulated institutional vehicle which allows investors to gain exposure to BTC. Guggenheim CIO Scott Minerd commented a few times on BTC prices and stated last year that the asset will be valued as much as $400,000 in the upcoming years, citing scarcity and protection against inflation as the two main characteristics.

DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]

Source: https://www.dcforecasts.com/bitcoin-news/guggenheim-seeks-btc-exposure-as-per-the-latest-sec-filing-shows/

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Riot reveals planned changes to weaken Lillia’s early game, buff durability and scaling

She’ll still be a scary threat when the mid-to-late game rolls around.

The post Riot reveals planned changes to weaken Lillia’s early game, buff durability and scaling appeared first on Dot Esports.

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Many people know Lillia as League of Legends‘ resident Bashful Bloom in the jungle, where she has made a name for herself among pro play and solo queue play alike. However, Riot Games has detailed some changes for the champion that will pull back some power from her early game to make room for more durability and late game power.

Game designer Daniel “Maxw3ll” Emmons gave the players a general overview of some of the planned adjustments, which consisted of giving her Q ability a regeneration effect while dealing damage-over-time, while also getting more base damage, and an AP scaler.

On the other hand, the developers are looking to nerf how much movement speed Lillia gains from her Blooming Blows ability in the early portions of the game, while also increasing the cooldown on her Swirlseed. Her ability to whack people with her Q, then dance around them with her increased speed made her so annoying to deal with pre-level six. She will also be getting a nerf to her ultimate, Lilting Lullaby, but that change hasn’t been detailed just yet.

The goal for these changes is to make her more widespread towards solo queue, instead of just being a pro play focused champion. Currently, Lillia has a 42.7 percent win rate in ranks Platinum and above, according to Champion.GG, but she was one of the most played junglers in the LCS, LEC, LPL, and LCK during the 2021 Spring Split. By making her more durable, the early game clears will be a lot more forgiving for players who are as efficient with her movement speed and damage.

Lillia hasn’t seen much play during the start of the 2021 Summer Split across major regions, with junglers like Rumble, Xin Zhao, and Udyr rising up in priority again. It’ll be interesting to see if these adjustments will help her in terms of her success in solo queue as the changes settle in.

Source: https://dotesports.com/league-of-legends/news/riot-reveals-planned-changes-to-weaken-lillias-early-game-buff-durability-and-scaling

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Rocket League Championship Series X Championships begin tomorrow

Four regions, four brackets, $1 million.

The post Rocket League Championship Series X Championships begin tomorrow appeared first on Dot Esports.

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The Rocket League Championship Series (RLCS) X Championships are about to begin, with round one kicking off at 10am CT on June 15, with 16 teams competing for their share of $1 million in overall prizing.

Matches will run through June 20, with the final day featuring the European and North American finals. 

The event will take place over four different regions, EU, NA, Oceania, and South America, though Oceania and SA will only feature the two top teams from each region facing off in a single best-of-seven series. EU and NA will have six teams each, competing in a full playoff bracket. 

Here are all of the teams competing within each of the regional competitions. 

Europe

  • Team BDS
  • Team Vitality
  • Top Blokes
  • Guild Esports
  • Solary
  • Team Queso

North America

  • NRG Esports
  • Team Envy
  • Spacestation Gaming
  • Rogue
  • G2 Esports
  • FaZe Clan

Oceania

  • Ground Zero Gaming
  • Cringe Society

South America

  • True Neutral
  • FURIA

The SA and Oceania finals will run on June 19, with a special 3v3 show match scheduled to showcase some talented Japanese players acting as a break between the two. 

You can learn more about the tournament format, prizing, and the full schedule on the official Rocket League website. All of the matches will be streamed live on the main Rocket League Twitch channel.

Source: https://dotesports.com/rocket-league/news/rocket-league-championship-series-x-championships-begin-tomorrow

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Razer reveals AMD-based Blade 14 at E3 keynote

The best of both worlds.

The post Razer reveals AMD-based Blade 14 at E3 keynote appeared first on Dot Esports.

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After years of Intel-based releases, Razer unveiled its first AMD-powered laptop with the Blade 14 at E3 2021.

Razer is bringing back the Blade 14 after a lengthy three-year absence, and with it, a new partnership with AMD. The Blade 14 features an eight-core, 16-thread Ryzen 9 5900HX unlocked processor with a base clock of 3.3GHz that boosts up to 4.6GHz. AMD’s processors power some of the strongest gaming laptops on the market, like the Asus ROG Zephyrus G14 and ROG Strix series. The ROG Strix series features the HX-class processor found in the Blade 14, while the more comparable G14 features an HS-class processor.

Aside from its new partnership with AMD, Razer is implementing Nvidia’s RTX 3080 GPU and a 165Hz QHD display into the Blade 14. There are three different models of this laptop. The base version ships with the Ryzen 9 5900HX, an RTX 3060, and an FHD 144Hz display. Moving up the line, Razer offers two models with a 165Hz QHD display with the same 5900HX processor. The only difference between the two QHD models is one features the RTX 3070, and the other offers the RTX 3080.

Razer packs all of this power into an impressively slim 14-inch laptop that follows the same Blade design language fans have become accustomed to. Along with the familiar design comes a wide feature set including upgradable storage from 1TB, Chroma RGB, 16GB DDR4-3200MHz RAM, Wi-Fi 6E, Bluetooth 5.2, several USB connections, DisplayPort 1.4, and HDMI 2.1.

Each model of the Razer 14 runs $1,799, $2,199, and $2,799, respectively.

Despite its new partnership with AMD, Razer still offers its newest Intel-based Blade laptops.

The Blade 14 is available now. For more information, fans can visit the official Razer Store.

Source: https://dotesports.com/hardware/news/razer-reveals-amd-based-blade-14-at-e3-keynote

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