Cryptocurrency Analysis and News Portal
Paul Tudor Jones, a highly reputed hedge-fund manager and founder of Tudor Investment Corporation, has made it clear that Satoshi Nakamoto’s Bitcoin, the world’s flagship cryptocurrency is a safe-haven asset to hedge against “great monetary inflation,” and as such, he’s going all-in on Bitcoin (BTC), according to a Forbes report
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Bixin Global, a Hong Kong-based cryptocurrency firm, has launched a fund of funds (FOF) financed with 6,600 Bitcoin (BTC), worth over $65 million as of press time.Main goal: increase Bitcoin holdingsAccording to a May 8 announcement, Bixin launched the fund to invest in cryptocurrency funds globally. The FOF is BTC-denominated
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Bixin, one of the earliest bitcoin miner operators and wallet startups, is dedicating 6600 bitcoin, worth $66 million, to a new fund of funds.The company announced the fund of funds with its proprietary capital on Friday and said it aims to invest in global quantitative trading funds whose strategies are
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Paul Tudor Jones, a pioneer of the modern hedge fund industry, is ready to bet on bitcoin’s price as an inflation hedge. Jones’ Tudor BVI Global Fund, managed by Tudor Investment Corp., has been authorized to hold as much as “a low single-digit percentage exposure percentage" of its assets in
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Another week, another round of Crypto Tidbits. Bitcoin has been one of the best-performing assets in financial markets over the past week, managing to rally as high as $9,500 — over 25% higher where it started this week. Altcoins, interestingly, have underperformed the market leader, with Ethereum and XRP both gaining
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The head of Hedge Fund Telemetry, Thomas Thorntown, has been extremely accurate at predicting Bitcoin’s tops and bottoms. By employing the Tom Demark (TD) Sequential indicator, the trading veteran has been able to forecast the direction of BTC’s trend.In mid-December 2019, for instance, while the flagship cryptocurrency fell below $6,500,
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According to a Bloomberg report published on April 19, 2020, Hong Kong-based Venture Smart Asia Ltd. Has launched the country’s first approved cryptocurrency fund that targets a first-year size of $100 million. The fund gives an official opportunity to institutional investors to add some Bitcoin (BTC) exposure to their portfolios. Hong
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Seychelles-registered crypto derivatives exchange BitMEX has become the latest industry actor to join philanthropic efforts to fight the COVID-19 global health crisis.On April 20, the exchange’s operator, HDR Global Trading, launched a dedicated COVID-19 Response Fund and announced its contribution of a total $2.5 million in grants to four recipients.The
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Venture Smart Asia has launched Hong Kong’s first approved cryptocurrency fund with a target of $100 million under management for its first year.According to an April 20 Bloomberg report, Arrano Capital, the blockchain arm of Venture Smart Asia, announced the rollout of a new Bitcoin (BTC) fund in Hong Kong.
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A secretive yet reportedly highly lucrative hedge fund now has the green light to invest in Bitcoin (BTC) futures markets. In a brochure originally dated March 30, the United States regulator the Securities and Exchange Commission (SEC) confirmed that Renaissance Technologies’ Medallion Funds now have access to the burgeoning Bitcoin futures
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