Hedge Funds are Betting Heavily on a Bearish Bitcoin Reversal, Report Shows
Bitcoin’s uptrend over the past few months has been historic, with bulls taking full control of its price
Read MoreBitcoin’s uptrend over the past few months has been historic, with bulls taking full control of its price
Read MoreThe Securities and Exchange Commission (SEC) is accusing the founder of hedge fund Virgil Capital of fraud. Source
Read MoreAt stakeDestabilizing Act?Crypto Twitter, like the U.S. Congress, is largely divided between warring factions and in-groups. But for once it looks unified. All it took was a proposed bill to further regulate stablecoin issuers, the so-called STABLE Act.The Stablecoin Tethering and Bank Licensing Enforcement (STABLE) Act would require stablecoin issuers
Read MoreBitcoin’s options market data shows investors are beginning to position for a temporary retreat from the cryptocurrency’s steep bull run.The one-month implied volatility, which is influenced by the demand for call and put options, jumped from roughly 55% to a four-month high of 70.5% in the past two days, suggesting
Read MoreBitcoin’s appeal as an alternative store of value asset is strengthening, according to analysts at Germany-based investment bank Deutsche Bank. “There seems to be an increasing demand to use bitcoin where gold used to be used to hedge dollar risk, inflation, and other things,” Jim Reid, managing director, head of
Read MoreThe Wall Street legend still owns far more gold, but said if gold does well, bitcoin will do better. Source
Read MoreOf all of the many clever things Mark Twain is alleged to have said, one of my favorites, especially these days, is: “It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.”In the turmoil that is 2020, many market
Read MoreBitcoin (BTC) is a recommended hedge against fiat currency inflation along with gold, one of its well-known critics now says.In an appearance on Rosenberg Research’s webcast series on Nov. 2, Jeffrey Gundlach, CEO of investment management firm DoubleLine, produced rare praise for Bitcoin.Bitcoin vs. gold 1-year chart. Source: SkewGundlach tips
Read MoreAs cases rise and the U.S. settles in for a fresh wave of COVID-19, the economic fallout from round one is still being felt, from hedge funds to bankruptcies and beyond. Our main conversation is about the rise of a new wave of COVID-19 and the economic fallout we’re still trying
Read MoreJones said he has been surprised by the "intellectual capital" behind bitcoin. Source
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