[ad_2][ad_1] Litecoin is heading towards the supply zone as it continues its bullish momentum following the breakout from the rounding of the lower pattern The LTC / BTC pair is gaining over 7.59% currently trading at 0.00458236 BTC Source: Tradingview Litecoin (LTC) has suddenly gained over + 12.34% in the …
Read More »The record outflow of gold “is not going into ripples,” only Bitcoin, says the fund manager
[ad_2][ad_1] The ongoing Bitcoin (BTC) rally has been driven primarily by institutions, analysts say, with metrics like CME’s open interest and Grayscale’s assets under management (AUM), supporting this narrative. At the same time, the gold market has seen large outflows in recent weeks. On November 24, independent financial researcher Jan …
Read More »Guggenheim Partners prepares to dip their investment fund fingers into Bitcoin
[ad_2][ad_1] A SEC filing on Friday indicates that the next Wall Street institution to take a public position in Bitcoin may also be among the largest so far: the $ 275 billion financial services firm Guggenheim Partners. The Guggenheim Deposit allows the Macro Opportunities Fund to purchase GBTC, a publicly …
Read More »Blockchain Bites: $ 8M stolen from Aussie Hedge Fund; China pushes CBDCs; Gaming Blockchain Boost; Repression of Hong Kong’s digital exchange
[ad_2][ad_1] Monday, the Australian Financial Review reported that Levitas Capital, a Sydney-based hedge find, was the target of a fake Zoom invitation opened by one of the fund’s co-founders Michael Fagan or Michael Brookes. After sending the fake invitation to Zoom on September 10, 2020, the hacker was able to …
Read More »Bitcoin tests hit high levels as fund managers shift to cryptocurrencies
[ad_2][ad_1] Bitcoin prices tested their highest levels on Tuesday as investors continue to hoard money in the world’s most popular cryptocurrency amid slow gains for gold and a weaker US dollar. Bitcoin prices have more than doubled in the past six months, compared to a 4.7% gain for spot bullion …
Read More »Chinese fund managers try to ride the bitcoin bull
[ad_2][ad_1] JAKARTA: The fallout from the coronavirus pandemic has offered Indonesia the opportunity to work towards energy security and switch from conventional to renewable sources, officials said. “Indonesia has taken various steps forward such as using B30 biodiesel,” Foreign Minister Retno Marsudi said during an online press conference on Sunday, …
Read More »Pantera raises $ 134 million for its Bitcoin fund
[ad_2][ad_1] Cryptocurrency firm Pantera Capital raised $ 134 million for its bitcoin fund, according to Form D filed with the US Securities and Exchange Commission. Formed in 2013, the Pantera Bitcoin Fund Ltd. was the first US-based bitcoin fund. In a letter to investors in late 2017, Pantera boasted a …
Read More »Largest Crypto Fund Manager In The World Says Bitcoin Is The Next Step In The Evolution Of Money And “I Can’t Use It To Buy Coffee” Is No Longer A Valid Argument | Currency News | Financial and business news
[ad_2][ad_1] Nicolas Economou / NurPhoto via Getty Images Bitcoin is not a fad that will fade away, said Michael Sonnenshein, chief executive of Grayscale Investments. Investors understand that “buying Bitcoin and putting it in their wallet is a store of value, an inflation hedge, a digital gold, a digital form …
Read More »Morgan Creek and Exos deposit the Bitcoin fund with the SEC
[ad_2][ad_1] Morgan Creek Capital Management and Exos Financial unveiled a new Bitcoin (BTC) fund at the United States Securities and Exchange Commission on Thursday. If approved, the fund will offer institutional investors another way to extend the flagship cryptocurrency without the volatility of owning it outright. Kevin Rooke reported On …
Read More »BOSAGORA opens its doors to a Blockchain-based digital fund firm with FMway
[ad_2][ad_1] Tip Ranks Moving to 5G could fuel a rally in these 3 stocks The tech world is in the midst of a shock. Since late 2017, new 5G wireless technology has been moving forward, bringing with it a combination of faster connection speeds and lower latency and the promise …
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