According to a Bloomberg report released Friday, hedge fund Fir Tree Capital Management, who have $4 billion in assets under management, made a large short bet against Tether (USDT), the stablecoin which is pegged to the US...
Are hedge funds ready to go all-in on cryptocurrencies? Probably not, but some of them are definitely dipping their toes in. The thing is, those toes are enormous. In the article “Mainstream Hedge Funds Pour Billions of Dollars...
Bitcoin has felt the consequences of war, just like the rest of the world. The current geopolitical situation generates uncertainty for both households and markets. The question of a million dollars for bitcoin seems to be whether it...
The U.S. Consumer Price Index (CPI) hit a new four-decade high in November at 6.8% confirming what market pundits have been calling all along. The Asian and European markets recorded a slump in the early morning prior to...
The Starwood Capital Group chairman says governments keep printing money but no one can make more of Bitcoin.
He notes that in a world with such monetary policies, the only “smart hedge” is Bitcoin.
According to the billionaire, who...
Newt Gingrich, the Ex-Speaker for the US House of Representatives is back in news with his radically pro-Bitcoin suggestions to the authorities. Gingrinch, who is now an adviser at a new Israel-based firm, the International Bitcoin Advisory Corporation...
A spike in inflows from institutions is reportedly one of the reasons Bitcoin price surged over 35% to reach a multi-week high of $55,348
Institutional investors have increasingly looked to buy Bitcoin (BTC), preferring the benchmark cryptocurrency over...
UBS is currently doing an internal review of its brokerage service and has launched a pilot scheme for its premium clients.Swiss financial giant UBS is making a big move in the crypto industry. Reports suggest that its prime...
