Cryptocurrency Hedge Fund – DIGIT INFO

3AC Co-Founder Kyle Davies Fails to Respond to Liquidators’ Subpoena Despite Twitter Delivery

DIGIT — Wed, 08 Feb 2023 18:30:15 +0000

According to recent court filings, Kyle Davies, co-founder of the defunct cryptocurrency hedge fund Three Arrows Capital (3AC), has allegedly failed to respond to a subpoena from the firm’s current liquidators, despite it being sent via Twitter. Representatives from advisory company Teneo state that Davies continues to ignore his obligations to Three Arrows. 3AC Liquidators […]

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Crypto Hedge Fund Launches Retail Public Offering in Japan

DIGIT — Tue, 16 Oct 2018 19:50:41 +0000

Epoch Partners launched the retail public offering for a new hedge fund in Japan this week that will focus on cryptocurrencies and digital assets. Subscriptions for the offering, which opened on Oct. 15, have been capped at 100 billion yen ($892 million). Also Read: Research: 1 of 5 New Hedge Funds in 2018 Is a […]

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Research: 1 of 5 New Hedge Funds in 2018 Is a Crypto Fund

DIGIT — Mon, 15 Oct 2018 16:30:40 +0000

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 […]

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Report: Barclays Drops Plan for Cryptocurrency Trading Desk

DIGIT — Mon, 15 Oct 2018 09:15:18 +0000

Barclays (LSE: BARC) has reportedly scrapped its plan to launch a cryptocurrency trading desk. However, it remain unclear whether the U.K. banking giant is acting under pressure from regulators or for other reasons, such as insufficient demand for crypto-related services from hedge funds. Also Read: Research: Corporations Fail to Deliver on Blockchain Hype, Scalability a […]

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Cryptocurrency Hedge Fund Multicoin Capital Remains Bullish on Ethereum and EOS

DIGIT — Mon, 02 Jul 2018 21:00:01 +0000

Declining cryptocurrency prices make a lot of people uneasy, for obvious reasons. This is especially troublesome where the many cryptocurrency hedge funds are concerned. Even so, there is room for optimism. According to Multicoin Capital, both Ethereum and EOS are still in good places, whereas XRP and Litecoin may face more struggles. Multicoin Capital Remains ... Read more

Another Cryptocurrency Hedge Fund Attracts VC Funding

DIGIT — Wed, 27 Jun 2018 21:00:42 +0000

Even though the current market momentum might not warrant any excitement, cryptocurrency hedge funds are still quite popular. Union Square Ventures has recently made a strategic investment in Multicoin Capital. This relatively new crypto hedge fund has attracted a lot of attention of late. The Appeal of Multicoin Capital As the name of this hedge ... Read more

Crypto Funds Drop 29.2% in March Reveals Hedge Fund Data Specialist

DIGIT — Fri, 20 Apr 2018 06:31:10 +0000

In theory, hedge funds employ complex investment strategies that should allow them to achieve high returns both in bearish and bullish markets. In practice many fail due to short term thinking and over-leveraged trading. These can be especially costly and not suitable for the young and volatile cryptocurrency market as any long time bitcoin HODLer […]

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Barclays Testing the Waters for a Cryptocurrency Trading Desk

DIGIT — Tue, 17 Apr 2018 15:55:59 +0000

While the big banks are usually very skeptical of bitcoin in public, below the radar they could all already be making plans to gain a foothold for themselves in the ecosystem. The latest example is Barclays that is reportedly asking clients about a possible move into the crypto trading space. Also Read: Coinbase Acquires Earn.com […]

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OTC Cryptocurrency Desks Trade Billions Over Skype

DIGIT — Tue, 03 Apr 2018 20:00:44 +0000

Big players in the cryptocurrency space have set up their own private network for OTC trading, buying and selling billions every month among their little club. And instead of using Bloomberg, Symphony or anything of that caliber usually employed by traders on Wall Street, they just Skype it. Also Read: Chinese Engineer Arrested for Stealing 100 Bitcoin […]

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Following ICOs, SEC Subpoenas Cryptocurrency Hedge Funds

DIGIT — Thu, 15 Mar 2018 19:05:29 +0000

The SEC has reportedly summoned the managers of several cryptocurrency-focused hedge funds. This sector has been rapidly growing over the past year and the American regulators apparently want to make sure they have a handle on the situation and to ensure that funds are not going to fields they disapprove of such as ICOs. Also […]

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