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Fund Manager Got NY BitLicense 11 Months After Hiring Its Architect
13.5.2020
Benjamin Lawsky, the former regulator who created New York’s BitLicense in 2015, joined a bitcoin fund manager nearly a year before it applied for, and received, the license
$2 Billion Cryptocurrency Hedge Fund Industry Set to ‘Grow Significantly’
13.5.2020
Cryptocurrency hedge funds’ assets under management have been increasing significantly, rising to more than $2 billion at the end of last year, according to a recent survey. The crypto hedge fund industry is expected to “grow significantly” along with the price of bitcoin. Hedge...
Hedge Fund Pioneer Paul Tudor Jones Says He Holds 1%-2% of Assets in Bitcoin
11.5.2020
"We’re watching the birthing of a store of value, and whether that succeeds or not only time will tell," he told CNBC
Paul Tudor Jones Confirms His Fund Allocated Hundreds of Millions in USD to Bitcoin
11.5.2020
Legendary hedge fund manager Paul Tudor Jones told CNBC today that "over 1% <...> maybe it's almost 2%" of his assets are in bitcoin (BTC).
"That seems like the right number right now," he said, adding that he believes that Wall Street could be witnessing the historic...
Bitcoin Suisse Sells 20% Stake to Raise $47 Million: Crypto Valley Broker Aims To Expand Into Banking
8.5.2020
Crypto valley firm Bitcoin Suisse has announced plans to sell a 20% stake in the company. The sale is expected to raise 46 million Swiss francs ($47.38 million). Bitcoin Suisse said it intends to use the money to expand its portfolio to banking services in Switzerland and Liechtenstein, according...
Popular Hedge Fund Manager Paul Tudor Jones: ‘Bitcoin Reminds Me of Gold Back in 1976’
8.5.2020
Hedge fund manager and investor, Paul Tudor Jones, discussed his opinion in regard to the crypto asset bitcoin on Thursday, saying that it reminds him of the part gold played back in the ‘70s. Jones also disclosed that his fund Tudor BVI has a percentage of Bitcoin futures products as well...
Bixin Unveils $65M BTC-Denominated Fund to Get More Bitcoin
8.5.2020
Bixin Global, a Hong Kong-based cryptocurrency firm, launched a fund of funds with 6,600 BTC, worth over $65 million to increase its Bitcoin holdings
One of Bitcoin’s Earliest Miners Is Dedicating $66M in Crypto to a Fund of Funds
8.5.2020
Bixin, one of the earliest bitcoin miner operators and wallet startups, is dedicating 6600 bitcoin, worth $66 million, to a new fund of funds
Decentralized Finance Startup Focused on Bitcoin Cash Raises $1 Million for Expansion
7.5.2020
On May 7, the decentralized finance (defi) startup General Protocols revealed the team has raised over $1 million from investors. The creators of General Protocols have introduced innovative projects on the Bitcoin Cash network such as Anyhedge, and have also participated in helping forward...
Hedge Fund Pioneer Turns Bullish on Bitcoin Amid ‘Unprecedented’ Monetary Inflation
7.5.2020
Paul Tudor Jones, a pioneer of the modern hedge fund industry, is reportedly betting on bitcoin’s price as an inflation hedge. Exactly how is unclear
Stellar Enterprise Fund Invests $5M in Crypto App Abra Ahead of Blockchain Integration
7.5.2020
The $5 million capital allocation precedes Abra's integration with the Stellar blockchain
Bitcoin Won as Store of Value in Coronavirus Crisis — Hedge Fund CEO
2.5.2020
Performance since February currently circles 0.6% gains, providing proof that Bitcoin really can preserve wealth in a crisis, says Travis Kling
Andreessen Horowitz Doubles Down on Crypto Investments With New $515M Fund
30.4.2020
Andressen Horowitz pointed to next-generation payments, decentralized finance, new monetization models and Web3 as use cases it would look into for its new $515 million fund
USD 515M Crypto Fund, Blockchain-Powered Remittance Pilot + More News
30.4.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investment news
a16z crypto, the crypto arm of venture capital giant Andreesen Horowitz, has raised USD 515 million for its second...
Andreessen Horowitz Raises $515 Million for New Crypto Fund, Surpassing Initial Goal
30.4.2020
Andreessen Horowitz is bullish on crypto, raising $515 million for its second industry-focused fund
Crypto Fund Manager Sued Over Alleged Fraud and Deception
28.4.2020
A cryptocurrency investment management company allegedly lured investors into a fraudulent fund, using the capital for personal gain, according to new complaint
Bitcoin Halving Searches Surge – Phrase Touches Google Trends All-Time High
21.4.2020
The notorious bitcoin halving is expected to happen in 20 days either on or around May 12, 2020. The anticipation leading up to the event is at an all-time high, as last week worldwide queries for the phrase “bitcoin halving” using Google peaked with a top score of 100. On Tuesday...
BitMEX Joins COVID-19 Relief Efforts with Dedicated $2.5M Fund
20.4.2020
BitMEX is donating a total of $2.5 million to the Gates Philanthropy Partners COVID-19 Funds, the Biosecurity program at the Nuclear Threat Initiative, OpenMined and Our World in Data
Hong Kong’s First Regulator-Approved Bitcoin Fund Targets $100M Raise
20.4.2020
Hong Kong's Securities and Futures Commission has approved a bitcoin index fund from Arrano Capital, one aimed solely at institutional investors
Hong Kong’s First Approved Crypto Fund Seeks $100M Target
20.4.2020
Hong Kong’s financial regulatory agency has issued few if any crypto licences, but Arrano Capital was granted one on April 20