Scaramucci’s Billion-Dollar Mega Hedge Fund Skybridge ‘May Hold Positions’ in Bitcoin

Scaramucci’s Billion-Dollar Mega Hedge Fund Skybridge 'May Hold Positions' in BitcoinIn a filing registered with the U.S. Securities and Exchange Commission (SEC), the giant global investment firm Skybridge Capital explained that the fund Skybridge G II may invest in digital currencies like bitcoin. On November 13, the New York-based company with $7.7 billion assets under management (AUM) told the U.S. regulator that Skybridge investment funds […]

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Hedge Fund Manager Brian Kelly Says Increasing Institutional Interest in Bitcoin Down to its Fixed Supply

Hedge Fund Manager Brian Kelly Says Increasing Institutional Investor Interest in Bitcoin Down to its Fixed SupplyHedge fund manager Brian Kelly says the surging number of institutional investors owning bitcoin is down to the digital currency’s core value proposition- a fixed coin supply. On the other hand, the same institutional investor interest is helping to build confidence in the top cryptocurrency while taking away some of the perceived risks. Bitcoin Value […]

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Over 15% of ETH Supply Locked in Smart Contracts, BTC Dominance Declining

Over 15% of ETH Supply Locked in Smart Contracts, BTC Dominance DecliningThe rapid growth of decentralized finance (defi) protocols is contributing to the increasing proportion of ETH supply that is now locked in smart contracts. More than 15% of the total ETH supply is now locked, compared to 11.5% from a year ago. This growth led to the inevitable decline of BTC dominance. According to a […]

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Coinbase Sees More Institutional Investors Buying Bitcoin in H1

Coinbase Sees More Institutional Investors Buying Bitcoin in H1Coinbase says more institutional investors are now using its platform to build direct positions in the cryptocurrency market. Crypto fund managers are now getting more backing from institutional investors that see the crypto market as an alternative investment strategy. In a report, the exchange says it observed a “noticeable uptick in institutional business’s growth” in […]

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Novogratz: We Have Money-Printing Orgy Going on, Amazing Environment to Buy Bitcoin

Novogratz: We Have a Money-Printing Orgy Going on, Amazing Environment to Buy BitcoinGalaxy Digital chairman Michael Novogratz said that bitcoin is his pick under the current financial situation, describing it as an “amazing environment” to buy bitcoin. With “global money printing orgy,” a possible another trillion-dollar stimulus package, and “money growing on trees,” Novogratz said this is the year for bitcoin. Also read: IMF Declares Global Recession, […]

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Bityard Has Now Officially Launched – Register now and earn 258 USDT for Free

Bityard Has Now Officially Launched! Register now and earn 258 USDT for Free!Bityard, the world’s leading digital contract trading platform, has officially launched. According to industry authoritative sources, Bityard has received a strategic investment from a US hedge fund worth 10 million dollars, creating a precedent in the industry for complex contracts and simple transactions.

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Crypto Hedge Fund Launches Retail Public Offering in Japan

Crypto Hedge Fund Launches Retail Public Offering in JapanEpoch 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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Crypto Hedge Fund Managers Aren’t as Smart as You Think

Crypto Hedge Fund Managers Aren’t as Smart as You ThinkThere’s a tendency, societally, to place self-appointed experts on a pedestal. If a professional’s job title is impressive enough, and their resumé suitably polished, they are liable to be lauded, with their every sound bite liable to be quoted and turned into an opinion piece. In the world of cryptocurrency, this phenomenon can be observed […]

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