State Senator Chris Rose has introduced legislation to permit the West Virginia Treasury to diversify its holdings by including digital assets and …
Hedge
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Ethereum, the second-largest cryptocurrency by market cap, is under significant pressure as hedge funds ramp up their bearish bets. Despite the broader …
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Regulation
$70,000,000,000 Hedge Fund Says Trump Driving ‘Speculative Mania’ for Crypto Assets – Here’s Its Warning: Report
by shayaanby shayaanHedge fund giant Elliott Management is reportedly concerned about President Trump’s embrace of digital assets and thinks that it could “wreak havoc” …
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Finance
$70 Billion Hedge Fund Elliott Warns White House Crypto Policy Inflates a Market Bubble
by shayaanby shayaanHedge fund giant Elliott Management has warned that the White House’s pro-crypto stance fuels an unsustainable market bubble that could cause severe …
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A $71 billion hedge fund warns that Trump’s support for crypto is fueling mania that could eventually end in market turmoil. Crypto …
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Finance
Crypto hedge funds struggle to keep pace with Bitcoin’s 120% surge in 2024
by shayaanby shayaanSeveral crypto hedge funds saw positive returns last year, but none could match Bitcoin’s remarkable performance, which surged 120% to surpass $100,000 …
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Regulation
More than 100 crypto hedge funds report banking hurdles in the past 3 years
by shayaanby shayaanAround 120 hedge funds engaged in crypto reported hurdles in accessing banking services over the three years, The Wall Street Journal reported on …
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Finance
Coinbase CLO shares data on crypto hedge funds debanking, demands for answers
by shayaanby shayaanThe Coinbase Chief Legal Officer Paul Grewal took to X to demand answers after learning from the AIMA survey that 75% of …
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Regulation
Hong Kong Plans To Exempt Hedge Funds, Private Equity Firms and the Super Rich From Paying Crypto Taxes: Report
by shayaanby shayaanHong Kong is reportedly eyeing new tax policies that can help in its push to become a top finance and cryptocurrency hub. …
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Adoption
Stock jumps as Rumble and Jiva Technologies bet on Bitcoin for inflation hedge
by shayaanby shayaanOnline video platform Rumble and Canadian wellness company Jiva Technologies have joined the growing number of firms adopting Bitcoin as part of …