Coinbase Gets $20 Billion Prime Client, Ads Back on Facebook

Coinbase, the San Francisco-based cryptocurrency exchange already valued as high as $8 billion by itself, had a couple more additional positive developments recently. The company reportedly landed a $20 billion prime client and got its ads reinstated on Facebook. Also Read: The Weekly: New Regulations, Blackrock Probes Market, Coinbase Gets Into Politics $20 Billion Hedge … Read more

Hedge Fund Issues Bearish Call on Ethereum and Sides with BTC

Hedge fund Tetras Capital has issued a bearish call on ethereum and opined that bitcoin has more upside potential. The New York-based fund has been blessed with perfect timing, with ETH falling in BTC terms following the publication of its report 24 hours ago, while bitcoin has rallied strongly. Also read: Post-Flood Reflections Reveal Insights Into … Read more

Coinbase Custody Notes Initial Interest From Hedge Funds and Family Offices

It would appear Coinbase’s custody service is already attracting a lot of positive attention. More specifically, the new custodial service piqued the interest of at least 10 hedge funds and family offices. This further confirms the growing demand for exposure to cryptocurrencies in general, which could lead to more positive developments for this industry. Coinbase’s … Read more

Australia’s First Retail Crypto Asset Hedge Fund Will Launch This Year

Cryptocurrencies have proven to be an interesting topic of conversation in Australia. It is a largely regulated market, even though accessing this new form of money is still pretty difficult these days. Every Capital is the country’s first retail crypto asset hedge fund, and it’s making cryptocurrency investment a lot easier. The Purpose of Every … Read more

Bitcoin in Brief Thursday: Big Money Wears Big Horns, Claws Are In the Closet

In today’s Bitcoin in Brief we’re talking about big money and big expectations. While the ratio between bulls and bears is constantly changing in the crypto market arena, experts working with venture capital investments and large crypto trades report positive trends and share optimistic sentiments. On that backdrop, “Why is our digital society still using … Read more

20% of Financial Institutions Examining Starting Cryptocurrency Trading Soon

The cryptocurrency trading market is about to receive an influx of more big banks, hedge funds and other financial institutions within the next few months to a year. A new survey shows that while most are keeping quiet in public about their crypto plans, many are preparing to enter the field. Also Read: Barclays Testing … Read more

Harvard Students Set up the Plympton Capital Cryptocurrency Hedge Fund

Cryptocurrency hedge funds have become a lot more popular in the past few months. Dozens of firms have set up ways to expose investors to the volatility of the cryptocurrency industry. It now seems Harvard University students have gotten into the game, as four of them have set up the Plympton Capital initiative. The Cryptocurrency Craze … Read more

Following ICOs, SEC Subpoenas Cryptocurrency Hedge Funds

The SEC has reportedly summoned the managers of several cryptocurrency-focused hedge funds. This sector has been rapidly growing over the past year and the American regulators apparently want to make sure they have a handle on the situation and to ensure that funds are not going to fields they disapprove of such as ICOs. Also … Read more

Michael Novogratz $400 Million Bet: Form Giant Crypto Merchant Bank

Billionaire investor Michael Novogratz pulled back from bitcoin toward the end of last year, citing market volatility, and ultimately scrapped his much-anticipated crypto hedge fund as a result. He’s since returned with a market-defining announcement of plans to open a full service crypto merchant bank, which some are describing as the ecosystem’s Goldman Sachs, and … Read more

No Tout: Six Token Sale Questions Clarified by the SEC

The looming shadow the United States federal government casts over the vibrant cryptocurrency industry grew somewhat darker last week. “By and large, the structures of initial coin offerings that I have seen promoted involve the offer and sale of securities and directly implicate the securities registration requirements…”. This remark was published on December 11 by … Read more