Cryptocurrency Analysis and News Portal
At the beginning of the recent drawdown, Thor’s strategies traded out of bitcoin and ethereum and into cash where they remain today. Roth said that his strategies are designed to avoid trading as crypto prices move sideways and that he probably won’t reenter the market until bitcoin prices break above
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The Investment Association, a trade body representing British investment managers, is speeding up the local government and financial regulators to approve blockchain-traded funds with digital tokens substituting traditional shares. As the Financial Times reported on Thursday, the trade body is pushing the government to establish a new class of funds employing
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Major financial services firm PWC has conducted a study and found that the majority of crypto fund managers surveyed believe that the price of bitcoin would be between $75K and $100K by the end of this year. Bitcoin’s Price Estimate by Crypto Fund Managers PWC, a Big Four accounting firm, published
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By contrast, the new yield products generate their returns through “rational” rails, said Matt Hougan, chief investment officer for Bitwise, which is rolling out a “USD Income Fund” that loans investors’ dollars to counterparties like Coinbase and Gemini (who then loan them into the stablecoin market) in the chase for
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The digital asset manager expects miners using renewable energy will be the ultimate winners in the space. Source
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Stablecoin operator TrustToken has launched a new lending marketplace that allows asset managers to create their own decentralized finance products, potentially opening the door to wider mainstream adoption of DeFi solutions. The new lending marketplace, which is offered on unsecured lending protocol TrueFi, gives independent financial institutions the ability to design,
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With 2021 just about in the rearview mirror, it’s a good time to reassess the notion that cryptocurrency is still a risk-on asset class. After all, crypto’s risk will help determine how to allocate assets in 2022.For many traders, the massive selloff of March 2020 is still a memory, be
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Institutional investors were unfazed by the recent correction in the cryptocurrency markets, as digital asset funds dedicated to Bitcoin (BTC) and Ether (ETH) continued to grow, according to data from CoinShares. Crypto investment products, which include exchange-traded funds (ETFs), saw weekly inflows totaling $154 million for the week ending Nov. 20,
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A growing number of fund managers and institutional investors now prefer bitcoin over gold. They see the cryptocurrency as a better store of value and a better inflation hedge. “I think it’s probably going to be ten times better than gold over a long period of time,” said the founder
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One-quarter of surveyed global fund managers expect the price of bitcoin to surpass $75,000 in 12 months, according to a Bank of America survey of global fund managers seen by CoinDesk.A quarter of fund managers expect the price of bitcoin to be over $75,000 in one year, compared with 20%
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