[ad_2][ad_1] At stake A destabilizing act?Crypto Twitter, like the US Congress, is widely divided between warring factions and internal groups. But for once it seems unified. A bill was enough to further regulate issuers of stablecoins, the so-called STABLE Act. The Stablecoin Tethering and Bank Licensing Enforcement (STABLE) law would …
Read More »Bitcoin’s Edge as a Hedge and Crypto’s Reaction to the STABLE Act
[ad_2][ad_1] At stake A destabilizing act?Crypto Twitter, like the US Congress, is widely divided between warring factions and internal groups. But for once it seems unified. A bill was enough to further regulate issuers of stablecoins, the so-called STABLE Act. The Stablecoin Tethering and Bank Licensing Enforcement (STABLE) law would …
Read More »Bitcoin will earn 25 times and become a hedge against inflation
[ad_2][ad_1] Popular players in the crypto-verse and founder of the cryptocurrency exchange Gemini, Tyler and Cameron Winklevoss, see the flagship cryptocurrency gain 25 times its current value on the distortion that cryptocurrency traders and global investors adopt Bitcoin as a hedge against it. inflation. What you need to know: In …
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 options investors are starting to hedge against a potential price pullback
[ad_2][ad_1] Bitcoin options market data shows that investors are starting to position themselves for a temporary withdrawal from the cryptocurrency’s steep bull run. One-month implied volatility, which is impacted by demand for call and put options, has jumped from around 55% to a four-month high of 70.5% over the past …
Read More »Deutsche Bank says investors increasingly prefer Bitcoin over gold as a hedge against inflation
[ad_2][ad_1] Bitcoin’s appeal as an alternative store of valuable assets is strengthening, according to analysts from German investment bank Deutsche Bank. “There seems to be a growing demand for using bitcoin where gold was being used to hedge dollar risk, inflation and other things,” said Jim Reid, chief executive, chief …
Read More »Scaramucci Skybridge’s billion dollar mega hedge fund “ could hold positions ” in Bitcoin
[ad_2][ad_1] In a filing registered with the United States Securities and Exchange Commission (SEC), giant global investment firm Skybridge Capital explained that the Skybridge G II fund can invest in digital currencies such as bitcoin. On November 13, the New York-based firm with $ 7.7 billion in assets under management …
Read More »World’s Largest Crypto Hedge Fund – Grayscale Crypto Holdings Now $ 9.8 billion
[ad_2][ad_1] It is no longer a novelty that Paypal, the global payment giant, allows its users to buy and sell cryptocurrencies The news now is that PayPal has linked up with cryptocurrency exchange and stablecoin issuer, Paxos Trust Company, to enable its millions of users in the United States to …
Read More »Brian Kelly, a hedge fund manager, says institutional interest in Bitcoin is on the rise all the way to its fixed offering
[ad_2][ad_1] Hedge fund manager Brian Kelly says the growing number of institutional investors owning bitcoin is due to the digital currency’s fundamental value proposition: a fixed coin offering. On the other hand, the same interest from institutional investors is helping to build confidence in the leading cryptocurrency by eliminating some …
Read More »Crypto hedge fund, Polychain capital buys $ 8.2 million in annual financing
[ad_2][ad_1] The American payment giant PayPal is now allowing US residents to buy, sell and hold cryptocurrencies in an accredited report to FxStreet. What you need to know: Although the cryptographic service PayPal was set to launch in early 2021, however, based on high demand and subscriptions to that service …
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