Cryptocurrency Analysis and News Portal
The founder and chief investment officer of Hayman Capital Management, Kyle Bass, has warned that governments will start to really clamp down on bitcoin. He predicts that “intense” crypto regulation will come out of the U.S. Treasury and the Internal Revenue Service (IRS) next year. Fund Manager Expects ‘Intense’ Crypto Regulation
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Two Sigma, the technology-focused hedge fund based in New York, is looking to hire a Crypto Operations person to help build out the firm’s emergent cryptocurrency trading business, according to a recent job posting.The open position to Join Two Sigma Securities’ crypto trading business is based in London.“We are seeking
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The European Central Bank (ECB) has tapped Evelien Witlox, ING’s global director of payments, as program manager for its digital euro, effective Jan. 1.In her new role, Witlox will work alongside the senior management team of the Directorate General Market Infrastructure and Payments.Witlox will work on the ECB’s investigation phase
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On November 5, Bakkt Holdings announced that the firm will soon let customers buy, sell, and store ethereum after offering bitcoin only since the company’s launch. The firm notes that adding ethereum comes at a time when digital currency interest and adoption continue to see significant growth. Bakkt Announces Ethereum Support Bakkt
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A Shiba Inu token holder who invested thousands of dollars in the memecoin in February has partially cashed out to become a stay-at-home dad.According to a Thursday report from Fortune, a 35-year-old supermarket warehouse manager identified only as Rob invested $8,000 into Shiba Inu (SHIB) when the price was roughly
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Crypto mining rig maker Bitmain appointed Zhou Feng as its legal representative and general manager, the company said in a WeChat post.Zhou was a key deputy to Bitmain co-founder Zhan during a battle for control of the world’s biggest crypto mining machine manufacturer between Zhan and co-founder Wu Jihan. Zhan
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Pimco, an asset manager with $2.2 trillion under management, is looking to start trading cryptocurrencies. “We’re trading from a relative value perspective,” the firm’s chief investment officer said. Pimco’s clients include central banks, sovereign wealth funds, public and private pension funds, financial and non-financial corporations, foundations, and endowments. Pimco Getting Into
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Investment behemoth Pimco, which has over $2.2 trillion in assets under management, has dabbled in cryptocurrencies and plans to invest further, according to Chief Investment Officer Daniel Ivascyn.Ivascyn told CNBC on Wednesday that some of the fixed-income focused firm’s hedge-fund portfolios are already trading crypto-linked securities, which he described as
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One of the biggest asset managers in Brazil, Kinea, disclosed it made an exploratory investment in Ethereum. The announcement was made by Marco Aurélio Freire, manager of funds for Kinea, who stated the company had invested a small amount of its holdings in ethereum starting two months ago. Kinea, the
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Asset management firm Arca has launched a new fund to invest in crypto startups.“Right now, the fund is really focused on seed and SAFT investments, so early-stage valuations that are sub–$40 million in terms of pre-money valuation,” Arca portfolio manager David Nage told CoinDesk in a phone call.The “Arca Endeavor
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