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Nalezeno "hedge funds": 151

Hedge Fund Investment Firm Brevan Howard to Start Investing in Cryptocurrencies

18.4.2021
Brevan Howard, one of Europe’s largest hedge funds with $13.7 billion in assets under management, is reportedly set to start buying cryptocurrencies. The investment firm previously bought a 25% stake in One River Asset Management, which runs a number of cryptocurrency funds. Major Hedge Fund...

Bill Miller’s Multibillion-Dollar Hedge Fund to Add Bitcoin Exposure via GBTC

7.2.2021
Billionaire hedge fund manager Bill Miller’s flagship fund will soon be able to add bitcoin exposure by investing in Grayscale’s bitcoin trust (GBTC), according to its filing with the U.S. Securities and Exchange Commission (SEC). The fund currently has about $2.25 billion in assets...

Crypto Hedge Funds Defraud $100 Million From Investors, Founder Faces 20 Years in Prison

7.2.2021
The founder of two cryptocurrency hedge funds has been charged in U.S. federal court for securities fraud. He has pleaded guilty and is facing up to 20 years in prison. His two funds cumulatively had over $100 million in investments. The U.S. Department of Justice (DOJ) announced Thursday that...

Grayscale’s Crypto Assets Under Management Soar Past $30 Billion — ‘Institutions Are Here’

6.2.2021
Grayscale Investments has surpassed the milestone of $30 billion in net crypto assets under management (AUM). The company says the tremendous growth is due to institutional investors, particularly hedge funds. Grayscale revealed Friday that its net total crypto assets under management now stands...

Bill Miller-Run $2.25B Fund May Buy GBTC to Gain Bitcoin Exposure of Up to 15%

6.2.2021
The fund noted that it would not expose more than 15% of its $2.25 billion in assets to bitcoin

Crypto Hedge Fund Founder Pleads Guilty to $90M Fraud

5.2.2021
Virgil Capital founder Stefan Qin lied to investors and siphoned off millions to fund a lavish lifestyle

Wall Street Bets and Gamestop Saga to Be Made Into a Movie

2.2.2021
The Wall Street Bets saga, an incredibly ridiculous story about a group of amateur Reddit investors who beat career Wall Street hedge funds at their own game, is to be made into a movie. According to a report by online news site Deadline on Jan. 31, Metro Goldwyn-Mayer (MGM) won the rights...

Silver Squeeze Goes Viral, Ounce of Ag Jumps Above $30, Wallstreetbets Fans Question Trend’s Legitimacy

2.2.2021
This past week, another social media trend started on the Reddit forum r/wallstreetbets, which aims to initiate a large silver short squeeze in order to push the price of the precious metal to $1,000 per ounce. However, the silver squeeze trend comes with controversy, as numerous wallstreetbets...

Have the Hedge Funds Infiltrated Reddit’s WallStreetBets?

1.2.2021
The media keeps saying WallStreetBets is going after silver; WallStreetBets members say it’s a campaign to co-opt and divide them

Robinhood Can’t Democratize Finance Using Old Tools

1.2.2021
Robinhood saw the ire of traders last week because it promised to be different. It turned out to be fancy app on top of an antiquated system

The Small Guys Rebel Against their Big Brother Hedge Funds

30.1.2021
What the GameStop stock market chaos can teach crypto and why the Bank of International Settlements is pitching central bank digital currencies (CBDC) instead of crypto. Also the privacy concerns around China’s digital yuan

Massive Gamestop Short Squeeze Highlights the Fragility of Today’s Financial System

27.1.2021
The bigwigs trading stocks on Wall Street have been upset this week as billion-dollar hedge funds have been crippled by Redditors and memes. Not too long ago, the firm Gamestop’s shares were plummeting, and Wall Street veterans lined up a mountain of short bets against the company’s...

SkyBridge’s Bitcoin Cache Rises to $310M

4.1.2021
SkyBridge's bitcoin investment has already climbed to more than $300 million, mostly due to price appreciation in the past couple of months

Nasdaq Listed Greenpro Capital to Set up Bitcoin Fund Using a $100 Million Loan

31.12.2020
The Nasdaq listed Greenpro Capital Corporation has revealed plans to set up a bitcoin fund using $100 million in borrowed funds. In addition to the borrowed funds, Greenpro, through its subsidiary Cryptosx, says it plans to use its own cash resources to acquire the digital asset. The financial...

American Express’ Venture Arm Invests in a Cryptocurrency Trading Platform

19.12.2020
American Express says its venture arm, Amex Ventures has invested in Falconx the cryptocurrency trading platform that focuses on serving institutional trading clients. Amex’s investment, which was announced during a record-breaking week for bitcoin, underscores the credit card issuer’s...

Fidelity Digital to Accept Bitcoin as Collateral for Cash Loans

10.12.2020
Fidelity Digital says it will allow institutional customers to pledge bitcoin as collateral against cash loans in partnership with Blockfi. The firm’s decision helps bitcoin investors turn their digital holdings into cash without selling. Fidelity’s targeted clients include hedge funds...