Bitcoin Price Watch: Currency Spikes to $6,600

At press time, the father of cryptocurrencies is continuing its long-awaited price jumps and has moved past $6,600. That is about $300 higher than where it stood yesterday afternoon. After a long period of up-and-downs, bitcoin finally seems to be on a path of recovery. The currency has ultimately shot up by more than $800 … Read more

Cryptocurrency Hedge Funds Experience Poor Performance and Shutterings

The violent crypto bear trend of 2018 has proved too much for many cryptocurrency hedge funds. The average performance of crypto funds has been a loss of over 20% so far this year, with at least nine crypto hedge funds having been reported to have ceased operations. Also Read: Markets Update: Cryptocurrency Prices See Some Slight … Read more

Number of Cryptocurrency Hedge Funds Rises to 226 Globally

The number of global cryptocurrency hedge funds has reached a record high of 226, according to research firm Autonomous Next. The hedge funds tracked by leading hedge fund database provider Eurekahedge show a return of 1,477.85 percent in 2017 on average. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies 226 Crypto Hedge … Read more