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Major financial services firm PWC has conducted a study and found that the majority of crypto fund managers surveyed believe that the price of bitcoin would be between $75K and $100K by the end of this year. Bitcoin’s Price Estimate by Crypto Fund Managers PWC, a Big Four accounting firm, published its “4th Annual Global […]Powered by WPeMatico
The founder of two cryptocurrency hedge funds has been charged in U.S. federal court for securities fraud. He has pleaded guilty and is facing up to 20 years in prison. His two funds cumulatively had over $100 million in investments. The U.S. Department of Justice (DOJ) announced Thursday that Stefan He Qin, a 24-year-old Australian […]Powered by WPeMatico
Cryptocurrency hedge funds’ assets under management have been increasing significantly, rising to more than $2 billion at the end of last year, according to a recent survey. The crypto hedge fund industry is expected to “grow significantly” along with the price of bitcoin. Hedge Funds’ AUMs Doubled in 2019 Cryptocurrency hedge funds’ assets under management […]
The post $2 Billion Cryptocurrency Hedge Fund Industry Set to ‘Grow Significantly’ appeared first on Bitcoin News.
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New research shows that one out of five hedge funds launched thus far this year has been a cryptocurrency-focused hedge fund. This is a surprising statistic in light of the 2018 bear market, but it may indicate that managers and investors are still optimistic about the long-term outlook and want to capitalize on current low […]
The post Research: 1 of 5 New Hedge Funds in 2018 Is a Crypto Fund appeared first on Bitcoin News.
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No need to beat yourself up if your cryptocurrency portfolio exhibited less than stellar performance in May. Even the professional traders employed by the big hedge funds active in the space have suffered double digit declines during the previous month. Also Read: Bitcoin in Brief Monday: From New York to Historic Istanbul Market Crypto Hedge […]
The post Cryptocurrency Hedge Funds Were Down 12% to 19% in May 2018 appeared first on Bitcoin News.
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While the major banks are taking their time with offering OTC crypto trading, new entrants to the space are stepping up to fill the void. Social investing platform Etoro, which focuses mainly on retail traders, is now expanding into the institutional segment with a new cryptocurrency offering. Also Read: This Week in Bitcoin: An End […]
The post Etoro Is Launching an OTC Crypto Trading Desk for Institutions appeared first on Bitcoin News.
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In today’s Bitcoin in Brief, regulators in Berlin have revealed that at least six German financial institutions are involved in cryptocurrency trading. Also, it has been reported that American universities have started investing in crypto hedge funds. The investments are on a limited scale but nevertheless indicate a growing interest from academic institutions. And, authorities […]
The post Bitcoin in Brief Wednesday: German Banks Trade Cryptos, US Universities Invest in Crypto Hedge Funds appeared first on Bitcoin News.
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London has enjoyed a status of a global financial hub for centuries and served as a pioneer for brand new trading options for decades. However, some fear it is now in danger of getting left behind by the hottest emerging asset class – cryptocurrency. One of the main reasons for this appears to be the […]
The post Dominance of Big Banks in UK Means London Might Miss the Boat on Bitcoin appeared first on Bitcoin News.
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SPINDLE, which instantaneously became the largest ICO in Japan , will launch its first crowdsale. The crowdsale will be held globally for one week only (except for residents in Japan / USA / China). In this Crowdsale, only ETH and BCH will be accepted from strategic implications.
The post PR: SPINDLE to Launch Crowdsale – One Week Only (Until May 15) appeared first on Bitcoin News.
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