(Bloomberg) — For one of the world’s largest hedge funds, the UK pension fund crisis is just starting as central banks around the world raise interest rates and turn off quantitative easing. Mos...
Tag: Fund
Maple Finance Launches $300 Million Bitcoin Miner Lending Fund, Oryen Network the Better Option?
Maple Finance has announced it will be offering loans to Bitcoin miners looking to stay afloat in this bear market. The costs of mining the cryptocurrency have skyrocketed, with energy prices climbing...
SEC, CFTC Probing Bankrupt Crypto Hedge Fund Three Arrows Capital: Report
The Singapore-based Three Arrows filed for bankruptcy in July, saying its business had “collapsed in the wake of extreme fluctuations in cryptocurrency markets.” In particular, the hedge fund suffered...
Crypto Venture Capital Fund Paradigm Also Wants CFTC to Serve Ooki DAO’s Members
While the crypto industry has not tried to defend against the actual allegations – that the DAO, with its predecessor company, bZeroX, offered unregistered products to U.S. customers – it has collecti...
11% of Small-Scale Entrepreneurs in the U.S. Plan to Fund their Businesses Using Crypto
– Advertisement – A recent survey revealed that up to 11% of small business owners in the U.S. are looking to fund their businesses using cryptocurrencies in the following year. Cryptocu...
Classic 60/40 investing strategy sees worst return in 100 years. How about 40/60?
Rules of thumb in investing appear to no longer apply in the carnage of 2022 in financial markets. Advocates for the 60/40 portfolio split, designed to capture the upside of stocks, but offer investor...
Coinbase CEO Brian Armstrong To Sell Portion of His Shares To Fund Scientific Research
The chief executive of top US crypto exchange Coinbase says he’s going to sell a portion of his company shares to fund scientific research. Coinbase CEO and billionaire Brian Armstrong tells his 1.1 m...
Coinbase CEO Brian Armstrong To Sell 2% Stake to Fund Science and Tech Development
Brian Armstrong, the CEO of Coinbase Global Inc., has announced plans to sell about 2% of his holdings in the firm over the next year to fund scientific research. He tweeted the matter on Friday nigh...
Star Hedge Fund Calls China Stocks Bottom, Says Time to Buy
(Bloomberg) — A top-performing Chinese macro hedge fund said the nation’s stocks rout has run its course, predicting a bull market is around the corner. Most Read from Bloomberg Shanghai Banxia ...
The debt vigilantes are back, and even U.S. assets will struggle. Here’s what to buy instead, says one veteran fund manager.
Markets are struggling to extend the previous session’s impressive rebound. There may be a number of reasons why a worse-than-expected inflation report was eventually shrugged off with such vigor on T...
Brian Armstrong Will Sell 2% Of His Coinbase Holdings To Fund Scientific Research
It’s time for Brian Armstrong to make his move. While other billionaire CEOs try to buy bankrupt crypto companies on the cheap, the Coinbase leader is focusing his sights on hard science. To announce ...
Binance Launches $500 Million Fund To Support Bitcoin Mining Industry
The Bitcoin mining industry has grown tremendously in the last few years. With multiple bull markets so far, there has been a large profit margin for those who have gone down this route, with companie...
Uniswap (UNI) Surges Over 13% After Raising $165M Fund
4 hours ago | 2 mins read Altcoin News UNI increased by nearly 13.52%, currently trading around $6.35. Uniswap Labs recently raised $165 million in a series B funding led by Polychain Capital. Uniswap...
Binance Launches $500M Fund for Distressed Bitcoin Miners
Private and publicly-listed bitcoin miners can now apply for loans with Binance, as the cryptocurrency exchange launched a $500 million fund on October 14 for miners unable to cope with the ongoing do...
Thursday was ‘one of the craziest days of my career’ in markets, says Rick Rieder
Investors have witnessed some “pretty crazy” times in financial markets these past few weeks, with Thursday’s wild fluctuations ranking among the “craziest days of my career,” said Rick Rieder, the ch...
This Hedge Fund Values This “Netflix” Of Coaching And Leadership Services At $90/ Share
It’s been a challenging year for the stock markets, with the S&P 500 down 20% year to date and the Nasdaq Composite off by 30%. However, a few stocks have held up relatively well, and one of...
Stellar Network Launches $100M Fund To Support Smart Contracts
Stellar Development Foundation, the organization supporting the development of the Stellar Network, has announced a new funding initiative, encouraging developers to build on the Soroban smart contrac...
North Korea Uses Stolen Crypto To Fund Its Nuclear Weapons Program
In recent months, North Korea has stolen over $300 million worth of Bitcoin and other cryptocurrencies via hacking and other sorts of mass cyberattacks. The objective is to fund the isolated state’s i...
Step Secures $300m Fund, Introduces Crypto Investment Platform for Young Adults
Digital banking service Step has secured $300 million in new debt funding round, which coincided with the company’s launch of a crypto investment platform aimed at minors and young adults – thei...
Sports And Entertainment Executives Launch Entity To Invest Up To $50 Million In Early-Stage Companies
TORONTO, ON – APRIL 20: James Harden #1 of the Philadelphia 76ers reacts in the first half of Game … [+] Three of the Eastern Conference First Round against the Toronto Raptors at Scotiaba...
ARK Crypto Fund Sinks to New Lows; Get the Fed on the Phone
Before the U.S. Federal Reserve’s (Fed) next policy decision on Nov. 2, Ark Invest’s Catherine Wood said the central bank was making a policy mistake that would result in deflation. In an open letter,...
Cardano (ADA) Is The Top Asset On Grayscale’s Smart Contract Fund, But There Are Downsides
– Advertisement – Cardano remains the most weighted asset on Grayscale’s smart contract platform fund, but a user points out some downsides. It bears mentioning that after persistent deman...
Amber Group launches Amber Labs and Amber Eco Fund
Amber Group, a leading global digital asset company, today announced the launch of Amber Labs and Amber Eco Fund – two key programs designed to support next-generation Web3 ventures for long-term grow...
Hedge Fund Veteran Mark Yusko Doubles Down on $250,000 Bitcoin Prediction Despite Steep Correction – Here’s Why
The managing partner of cryptocurrency hedge fund Morgan Creek Digital is not backing down on his big Bitcoin (BTC) prediction. In a new Altcoin Daily interview, crypto trader Austin Arnold asks Mark ...
Huobi Founder Sells 100% Stake to Justin Sun Fund: Report
Tron founder Justin Sun is reportedly the core investor of About Capital, which just bought Huobi Huobi founder Leon Li had been shopping his stake for more than a year Huobi Global’s majority shareho...
Polygon (MATIC) Now Part of Grayscale’s Large Cap Fund
Alex Dovbnya Polygon (MATIC) has been added to Grayscale’s large-cap fund that was initially launched in early 2018 Leading cryptocurrency asset manager Grayscale has added support for Polygon (...
Grayscale’s Large Cap Fund Now Includes Polygon (MATIC)
2 hours ago | 2 mins read Altcoin News Bitcoin (BTC) now accounts for 65.12% of the $193 million fund. The fund decided to sell its holdings in XRP after Ripple lawsuit. As part of its quarterly rebal...
Fidelity Introduces $5M Ethereum Index Fund
Leading asset management company Fidelity has revealed that its Ethereum Index Fund has raised $5 million in the week and a half since its launch. $5M Raised Since Sept 26 The first sale for the Fide...