Hedge fund Galois Capital, one of the victims of the FTX collapse, has thrown in the towel after half of its assets got trapped in the bankrupt exchange. The fund has finally decided to shut down and ...
Tag: Hedge
Crypto Hedge Fund Galois Capital Shuts Down After Losing $40M to FTX
Join the most important conversation in crypto and web3! Secure your seat today One of the world’s largest crypto-focused quantitative funds, Galois Capital, has called it quits after losing a sizeabl...
Crypto hedge fund Galois Capital shuts after getting caught up in FTX saga: FT
Galois Capital, a crypto hedge fund that had half of its assets trapped on the collapsed crypto exchange FTX, is reportedly shutting down and returning its remaining money to investors. “G...
SEC Planning New Rule Change for Crypto That Makes It Harder for Hedge Funds To Work With Industry: Report
A new proposal from the U.S. Securities and Exchange Commission (SEC) is reportedly going to make it more challenging for hedge funds to work with the crypto industry. According to Bloomberg, the SEC ...
SEC Could Halt Hedge Funds from Working with Crypto Custodians
The SEC will vote on a proposal on Wednesday that could prevent hedge funds, pension funds, and private equity firms from working with crypto custodians. Another day, another SEC action against crypto...
SEC’s new proposal affects crypto firms and hedge funds: Here’s why
The SEC is reportedly planning to propose a rule change for crypto firms on 15 February. The proposal would make it harder for crypto firms to become qualified custodians for hedge funds, pension fund...
Crypto Hedge Fund Veteran Mark Yusko Slams Dog Coins, Warns Dogecoin and Shiba Inu Should Go to Zero
Morgan Creek Capital CIO Mark Yusko is blasting dog-themed meme tokens Dogecoin (DOGE) and Shiba Inu (SHIB), asserting they have no value. In a new interview with Blockworks, the crypto veteran says t...
World’s Largest Hedge Fund Founder Ray Dalio Says Cash Is “In Jeopardy” but Sees an Unexpected Solution
Inflation has been a massive issue for nearly every major country for the past year or so. Consumers and corporations alike have felt the pain, with the previous four quarters of earnings proving to b...
‘Big Short’ hedge funder says he thinks we’re headed for a ‘run-of-the-mill’ recession—but the bigger ‘paradigm shift’ is really on his mind
Tech and growth-focused stocks have dominated markets for over a decade, but a “paradigm shift” is coming as the Federal Reserve raises interest rates to fight inflation, according to Steve Eisman, se...
Bitcoin Won’t Be an Effective Currency, Store of Value or Medium of Exchange, Says Hedge Fund Legend Ray Dalio
In a new interview on CNBC’s Squawk Box, hedge fund veteran Ray Dalio says Bitcoin (BTC) is getting more attention than it deserves. The founder of asset management firm Bridgewater Associates says th...
Crypto Long & Short: Bitcoin’s Hedge Potential
To state the obvious, 2022 was a challenging year for cryptocurrencies. However, in 2023 major structural benefits – such as traditional finance (TradFi) companies still entering the space – are emerg...
Brace for ‘tinderbox-timebomb’ market crash worse than 1929, hedge fund manager says
“ “It is objectively the greatest tinderbox-timebomb in financial history — greater than the late 1920s, and likely with similar market consequences. Now, as then, it is of our own making.” ” — Mark S...
‘Bitcoin (BTC) Over $100,000,’ Hedge Fund Founder Shares His Bullish Take
Gamza Khanzadaev BlockTower Capital founder explains why and how Bitcoin could reach triple digits by 2024 The founder of crypto hedge fund BlockTower Capital, Ari Paul, has expressed a bullish opinio...
Bitcoin best performing asset class of 2023, opposite of inflation hedge
Just under a month into this shiny new year that is 2023, and markets are heating up. Inflation has softened significantly over the last couple of months. The bane of markets all throughout last year...
CNBC’s Jim Cramer Warns Investors To Stay Away From Crypto, Says Bitcoin Not a Hedge ‘Against Anything’
CNBC host Jim Cramer is once again warning investors to stay away from crypto assets and Bitcoin (BTC), instead saying they should opt for gold. In a new update, the host of Mad Money says that the to...
Jim Cramer Says Avoid Crypto, Stick With Gold for ‘Real Hedge’ Against Inflation and Economic Chaos – Economics Bitcoin News
The host of Mad Money, Jim Cramer, has advised investors to avoid crypto and stick with gold if they “seriously want a real hedge against inflation or economic chaos.” He added that bitcoin is too vol...
Largest Crypto Hedge Fund in the World Says DeFi Will Drive the Next Crypto Bull Market
Crypto hedge fund giant Pantera Capital says that one sector of the digital asset space will be the life force of the next bull market cycle. In Pantera’s latest newsletter, chief investment officer (...
Rishi Sunak’s old hedge fund boss, who paid himself $1.9 million a day last year, wants Alphabet to lay off more staff and slash pay
Britain’s highest-earning investor has called on Alphabet CEO Sundar Pichai to cut thousands more jobs than the tech giant announced it would eliminate last week. On Friday, Pichai announced the “diff...
Citadel’s $16 Billion Gain In 2022 Makes Ken Griffin’s Firm The Top-Earning Hedge Fund Ever
Ken Griffin’s hedge fund has outpaced all of his peers, helping his fortune double to an estimated $32 billion in the last two years. Aaron Kotowski/The Forbes Collection Ken Griffin is the new ...
This Investment Fund, Once $3.5 Billion, Was Designed To Combat Inflation. How Could It Be Losing The Battle?
Nancy Davis’ hedge against rising prices, celebrated when it launched in 2019, has yet to hit the jackpot due to freakish circumstances in the debt market. Written by Brandon Kochkodin, Forbes Staff F...
Defunct Crypto Hedge Fund Three Arrows Capital Founders Seek $25 Million to Start New Exchange Amid Scrutiny – Bitcoin News
According to reports, the founders of the now-defunct crypto hedge fund Three Arrows Capital (3AC) are seeking to raise $25 million from investors to start a new crypto exchange called GTX. This solic...
Crossover Hedge Funds Lost Big in 2022. They’re Still Launching in 2023.
Hedge funds investing in fast-growing public and private companies lost tens of billions of clients’ money last year. That isn’t stopping more “crossover” funds from launching. Mala Gaonkar, 53 years ...
Hedge Fund Star Ackman Explains Why He Was Sympathetic to FTX’s SBF
Alex Dovbnya Ackman explained that people accused of crime deserve presumption of innocence until proven guilty Billionaire Bill Ackman has come forward to explain his sympathy toward Sam Bankman-Frie...
‘It’s Very Clear Now’ FTX Committed Fraud, Says Hedge Fund CEO Anthony Scaramucci
Skybridge Capital chief executive Anthony Scaramucci is now convinced that collapsed crypto exchange FTX committed wrongdoing. Scaramucci had previously refrained from accusing FTX of crimes, saying h...
Bitmex Co-Founder Criticizes Former FTX CEO for Not Liquidating Hedge Fund Alameda – Bitcoin News
The Bitmex co-founder, Arthur Hayes, criticized Sam Bankman-Fried, the disgraced FTX co-founder, on Friday after Bankman-Fried published his first blog post on his new Substack newsletter. “All this t...
Hedge Fund Billionaire Bill Ackman Empathizes With Fallen FTX Chief Sam Bankman-Fried
Topline Hedge fund billionaire Bill Ackman appeared to defend Sam Bankman-Fried from fierce criticism on Thursday as the fallen crypto mogul fights criminal charges following the dramatic collapse of ...
Brazilians Turn to Stablecoins as Alternative to US Dollar for Hedge Against Volatility – News Bitcoin News
Brazilians are turning to stablecoins as a way of shielding themselves from the volatility of economic circumstances. This is happening now in the wake of the inauguration of the new government of Lui...
US Prosecutors Probe Binance Hedge Fund Connections
Though the cryptocurrency market took a shift to the new year, CZ’s empire has been continually tested. Following Reuters, the Washington Post was the next top publication to set its sights on Binance...
US Prosecutors Subpoena Hedge Funds Linked to Crypto Exchange Binance
The US attorney’s office for the Western District of Washington in Seattle has subpoenaed a few investment firms asking them to provide records of their communications with Binance over the past few m...