Bookmarking Crypto Insights
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The hedge fund Goldentree, a firm with $41 billion in assets under management (AUM) has reportedly added the leading crypto asset bitcoin to its balance sheet. Unnamed sources detail that the American asset management firm leveraged bitcoin to diversify from traditional debt investment strategies. The wealth management firm allegedly has been looking for staff that … Read more
Hedge funds are adopting crypto investments, but one asset manager says it is all a speculative play. Go to Source Powered by WPeMatico
Hedge fund firm Marshall Wace, with $55 billion in assets, is reportedly gearing up to launch a portfolio investing in the crypto sector. London-headquartered hedge fund firm Marshall Wace is planning investments in the crypto sector, the Financial Times reported Tuesday. Founded by Sir Paul Marshall and Ian Wace in 1997, Marshall Wace currently manages … Read more
The hedge fund co-founder says it is keeping its investment powder dry for when the crypto market resumes its parabolic advance. Go to Source Powered by WPeMatico
U.K.-based crypto payments provider Bottlepay has started offering services in other European countries. Users on the Old Continent will be able to send and receive even small amounts of euro and also buy, store and spend bitcoin with merchants accepting cryptocurrency. Bottlepay Promises Low-Cost Transactions in Euro and Bitcoin The Bottlepay app will allow Europeans … Read more
Brevan Howard, one of Europe’s largest hedge funds with $13.7 billion in assets under management, is reportedly set to start buying cryptocurrencies. The investment firm previously bought a 25% stake in One River Asset Management, which runs a number of cryptocurrency funds. Major Hedge Fund to Start Investing in Cryptocurrencies Investment management firm Brevan Howard … Read more
“Culturally I compare bridging the crypto world with the old as akin to finding a portal between two distinct worlds in the multiverse,” said Dan Loeb Go to Source Powered by WPeMatico
A Melvin Capital client claims that the firm has “massively de-risked” its investment portfolio following the controversy involving short-selling GameStop stocks. Go to Source Powered by WPeMatico
Hedge fund management firm One River Asset Management has invested $600 million in bitcoin and ether with a plan to increase its holdings to $1 billion next year. The company has two cryptocurrency funds: the Bitcoin Fund and the Ethereum Fund. $1 Billion Investment in Bitcoin and Ether One River Asset Management has bought more … Read more
The monster raise might be an indication that Pantera’s ambitions are inflating in lock-step with Bitcoin’s rising price. Go to Source Powered by WPeMatico
