Finance

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Legendary Investor Bill Miller Now Holds Half His Hedge Fund in Bitcoin

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With the launch of bitcoin futures by two leading American options exchanges, lending the cryptocurrency more credibility among mainstream investors, Wall Street is turning to known figures to explain the phenomena. One proven financial wizard they might listen to is legendary value investor Bill Miller whose hedge fund is now holding 50% of its assets … Read more

Thomson Reuters Adds Bitcoin Cash to Eikon Platform

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Over 300,000 financial professionals working in asset management, hedge funds or other institutions now have access to bitcoin cash data directly via their Thomson Reuters Eikon platform. Also Read: Trading Bitcoin for an Altcoin Won’t Shield You From the IRS Anymore Toronto-headquartered multinational mass media and information firm, Thomson Reuters Corporation (NYSE: TRI), has added … Read more

More Firms Entering the Bitcoin Market See Stocks Soar

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It appears that public companies have found a new way to attract investors to their stocks, implying they are becoming a part of the booming bitcoin market. Also Read: Israeli PM Netanyahu Says Bitcoin Is Rising as Banks Are Destined to Disappear Crypto Stocks? A third company listed on the Tel Aviv Stock Exchange (TASE) … Read more

Options Giant CME Launches Bitcoin Futures — Here’s What to Expect

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Last week the Chicago Board Options Exchange (Cboe) introduced its bitcoin-based futures markets and the first day got a reasonable level of fanfare. Now the largest options exchange in the world, the Chicago Mercantile Exchange (CME Group) has launched its bitcoin derivatives products. Here’s what you can expect from CME Group’s bitcoin futures opening day. … Read more

US Chief Financial Watchdog: Cryptocurrencies Are No Risk to the Financial System

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It is evident financial systems all over the world face a multitude of threats right now. Most people would assume Bitcoin and other cryptocurrencies pose a serious risk in this regard. That is not the case, though, as Bitcoin was only briefly mentioned in a new report by the US’s chief financial watchdog. This is … Read more