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An independent study by Autonomous Research has found that initial coin offering (ICO) activity globally has dropped over 90 percent this year. With the high of about $3 billion in funds raised by token sales at the beginning of this year, September investments were less than $300 million, according to the firm. Also read: 160 Crypto […]
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The violent crypto bear trend of 2018 has proved too much for many cryptocurrency hedge funds. The average performance of crypto funds has been a loss of over 20% so far this year, with at least nine crypto hedge funds having been reported to have ceased operations. Also Read: Markets Update: Cryptocurrency Prices See Some Slight […]
The post Cryptocurrency Hedge Funds Experience Poor Performance and Shutterings appeared first on Bitcoin News.
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The number of global cryptocurrency hedge funds has reached a record high of 226, according to research firm Autonomous Next. The hedge funds tracked by leading hedge fund database provider Eurekahedge show a return of 1,477.85 percent in 2017 on average. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies 226 Crypto Hedge […]
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