Cryptocurrency Analysis and News Portal
The “market neutral trading firm” named Dubai for its global headquarters as the region experiences an influx of crypto companies seeking new users. Nine Blocks Capital Management FZE bagged a crypto license from Dubai’s Virtual Assets Regulatory Authority (VARA), making Nine Blocks the first digital asset hedge fund to win VARA’s
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“Being market neutral, we don’t take any directional risk, so whether bitcoin is going up or going to go down doesn't matter much to us,” Arslanian said. “We generate alpha from the inefficiencies in crypto markets. So, we will arbitrage between perpetual swaps and the spot price of bitcoin and
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Cathie Wood said that Bitcoin can outperform in both inflationary and deflationary environments and praised its performance during this year’s banking crisis. In her latest interview, Ark Invest‘s Cathie Wood stated that Bitcoin serves not only as an inflation hedge but also as a deflationary hedge. During an appearance on
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BTC could run towards $40,000-$45,000 after consolidating around current prices, Capriole Investments said. Source
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WOO co-founder Jack Tan said the repurchase allows the company to move on “without further distractions from the 3AC fallout”. WOO Network has announced its decision to repurchase shares and tokens it sold to defunct Singaporean hedge fund Three Arrows Capital (3AC) back in 2021. The Taiwan-based trading platform and liquidity
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According to a press release, WOO agreed to cancel shares purchased by 3AC in 2021's Series A fundraise and repurchase 20 million WOO tokens, worth around $3.4 million at current prices. The tokens have been sent to a burn address or crypto wallet that cannot be accessed by anyone. Source
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The Uniswap Foundation has proposed a $62.37 million fund allocation, and an on-chain vote is scheduled for Oct. 4 to decide on it. These funds are intended to strengthen various aspects of the Uniswap ecosystem, including developer support and research initiatives. The foundation also mentioned plans to expand its Hooks
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With anticipation around Bitcoin ETFs from giants like BlackRock, Fidelity, and Invesco, and an expected halving in April 2024, forecasts for Bitcoin’s
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CoinShares, a European crypto investment firm, has launched a new hedge fund aimed at qualified U.S. investors as part of the company’s strategy to expand its geographical coverage. In a press statement, the firm said its new hedge fund division called “CoinShares Hedge Fund Solution” will be offering a diverse range
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Major European cryptocurrency asset manager CoinShares is launching a hedge fund division in the United States despite the country’s tough crypto regulation climate.CoinShares officially announced the news on Sept. 22, stating that the firm will roll out its offerings for qualified U.S. investors for the first time ever.The new division,
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