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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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Over the past year and a half, there has been a vast increase in the number of hedge funds paying attention to cryptocurrency. As such, a lot of people are wondering which currencies those companies are investing in. The answer will surprise a lot of people, but in a good way. Cryptocurrency Hedge Fund Strategy Whenever a new cryptocurrency hedge fund emerges, it seems to garner a lot of attention fairly quickly. There is a good reason for that, as cryptocurrencies are still extremely appealing to consumers. Investors prefer to be exposed to volatility through hedge funds, rather than buy their own coins fromPowered by WPeMatico