Sputnik (New Delhi): To maintain stability, India’s banking regulator, the Reserve Bank of India (RBI), has pumped an additional $127 billion into the financial market as a result of the ongoing COVID-19 pandemic. At present, the RBI has foreign exchange reserves said to be worth an estimated $538 billion. When […]
Hedge
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“Bitcoin is … the only known commodity in the universe that has a deterministic and fixed supply,” the Winklevoss brothers wrote in a blog post saying the cryptocurrency may one day hit $500,000. Source link
Mathew J. D’Souza, crypto entrepreneur and CEO of Blockware Solutions, died on Aug. 21 after a seven-year fight with leukemia. He was 29. D’Souza’s firm, a major U.S.-based mining rig distributor, announced his death and said a memorial service would be held in Park Ridge, Ill., where the company is […]
Every epic tale needs a tragic hero, and one of the top candidates for that role in this century’s dramatic passage so far has to be the hedge fund manager. Toppled from their masters-of-the-universe pedestal in the early 2000s, they now eke out meager gains, dodge investor recriminations about fees and […]
The Louisiana Supreme Court denied Fair Wayne Bryant’s request to review his life sentence for stealing hedge clippers. Bryant has already spent nearly 23 years in prison for the crime. Paul J. Richards/AFP via Getty Images hide caption toggle caption Paul J. Richards/AFP via Getty Images The Louisiana Supreme Court […]
Another crypto hedge fund is winding down, Huobi launched a new unit to invest in DeFi and the Twitter hacker is reportedly a bitcoin millionaire. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this […]
Neural Capital, a hedge fund that traded cryptocurrency assets, has quietly shuttered. The fund’s managers, Arij “Ari” Nazir and Christopher Keshian, were new to the hedge fund industry and involved in more than one fund when they started Neural Capital. Keshian told CoinDesk he has not kept in touch with […]
Cryptocurrency hedge fund Tetras Capital is calling it quits. Tetras Capital’s closure adds to a growing line of cryptocurrency hedge funds folding after crypto prices slid from peak highs in 2017. The fund launched in 2017 with a focus on altcoins, Tetras Capital co-founder Alex Sunnarborg said in a 2019 […]
For the 4th of July The Drudge Report highlighted four websites on its front page. Breitbart, The Gateway Pundit, Zero Hedge and the far left website Axios. Advertisement – story continues below What’s that about? Drudge has been moving towards the left the last few years. Today it is unrecognizable […]
A cryptocurrency hedge fund helmed by three Brazilian bankers has lost half of its money even though it returned positively over the past 16 months. The value of São Paulo-based BLP Asset Management’s crypto-asset hedge fund, Genesis Block Fund, is down 56.3% from its inception to date. That is because […]
Twitter reportedly said its suspension of the account of libertarian market news website Zero Hedge more than four months ago was a mistake, as it reversed the decision. The account was frozen for doxing a Chinese scientist. “We made an error in our enforcement action in this case,” a spokesman […]
While fears of a “great monetary inflation” have driven the recent bitcoin narrative, other aspects like censorship resistance and peaceful protest matter just as much. Today’s main topic: Why inflation isn’t the only bitcoin narrative that matters. When bitcoin’s halving coincided with the most aggressive central bank policy of all […]
Heavy losses are rocking alternative crypto-asset funds at Pantera Capital, one of the oldest cryptocurrency investment managers, and providing stark contrast to its bitcoin fund’s gains. Pantera Capital’s flagship bitcoin fund – a fund holding bitcoin (BTC) since 2013 and bitcoin cash (BCH) since 2017 – lost 75.6% in 2018 […]
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 […]