Trump nominates hedge fund manager Scott Bessent as Treasury secretary - hedge, trump, crypto

Trump nominates hedge fund manager Scott Bessent as Treasury secretary

The hedge manager has previously stated, “crypto is about freedom, and the crypto economy is here to stay."

Jason Shubnell
Paul Tudor Jones’ Hedge Fund Holds $230M Worth of BlackRock’s Bitcoin ETF - jones, fund, paul, hedge

Paul Tudor Jones’ Hedge Fund Holds $230M Worth of BlackRock’s Bitcoin ETF

With the asset only growing in value and relevant throughout this year, billionaire Paul Tudor Jones’ hedge fund…

Joshua Ramos
Goldman Sachs Discloses $710 Million Bitcoin ETF Holdings in SEC Filing - hedge, ibit, second, million

Goldman Sachs Discloses $710 Million Bitcoin ETF Holdings in SEC Filing

Goldman is now the second-largest holder of IBIT, trailing only behind the hedge-fund Millennium Management, which has $844 million in holdings.

Vismaya V
Bitcoin hedge funds’ just-about-risk-free trade is roaring back - bitcoin, hedge

Bitcoin hedge funds’ just-about-risk-free trade is roaring back

Bitcoin’s rally fuels hedge fund profits as institutional demand spikes, with futures prices nearing $85,000 and a growing bet on $100,000 by year-end. Leverage and margin trades intensify.

Prediction Markets Give Trump the Edge on Election Day - donald trump, edge, trump, 2024

Prediction Markets Give Trump the Edge on Election Day

Recent numbers from prediction markets suggest that former President Donald Trump is holding a substantial edge over Vice President Kamala Harris. Battle for the White House Bettors have shown a consistent shift in support for Donald Trump in the 202

Jamie Redman
Laika AI and Orbofi Collaborate to Offer Cutting-Edge AI Tools for Web3 Users - web3, laika ai, ai, edge, tools

Laika AI and Orbofi Collaborate to Offer Cutting-Edge AI Tools for Web3 Users

The partnership aims at simplifying access to resilient AI-driven analytics and tools to empower consumers within the Web3 sector.

Umair Younas
US State Official Urges Bitcoin Investment for Retirement Funds to Future-Proof Pensions - hedge, state, bitcoin

US State Official Urges Bitcoin Investment for Retirement Funds to Future-Proof Pensions

A top financial officer of the U.S. state of Florida is advocating for state retirement funds to consider cryptocurrency investments, calling bitcoin a hedge against market volatility. US State Official Pushes Bitcoin as Hedge for Public Retirement S

Kevin Helms
‘I’m long Bitcoin’: Hedge fund manager on BTC’s appeal as an inflation hedge - hedge, fund, btc, bitcoin

‘I’m long Bitcoin’: Hedge fund manager on BTC’s appeal as an inflation hedge

The exec stressed that cash holdings in his portfolio are short-term, favoring inflation-resistant assets.

Kamina Gilani
$35,000,000,000 Hedge Fund Brevan Howard Eyeing One Country for Its ‘Sensible’ Crypto Regulations: Report - hedge, one, fund

$35,000,000,000 Hedge Fund Brevan Howard Eyeing One Country for Its ‘Sensible’ Crypto Regulations: Report

An executive from hedge fund Brevan Howard says that the United Arab Emirates’ (UAE) sensible approach to crypto regulations is making the country a top region for digital asset trading. According to a new report from Reuters, $35 billion hedge fund

Daniell Marlow
UAE stablecoin issuer gets greenlight, FTX customers sue hedge fund: Law Decoded - ftx, hedge, stablecoin, fund

UAE stablecoin issuer gets greenlight, FTX customers sue hedge fund: Law Decoded

While the UAE central bank has given a significant regulatory nod to a new stablecoin, an FTX customer sued hedge fund Olympus Peak over its alleged profits from the exchange’s meltdown.

Cointelegraph by Zoltan Vardai
The Return of Volatility Is Powering More Outperformance for Hedge Funds in Q3 2024 - hedge, 2024, second

The Return of Volatility Is Powering More Outperformance for Hedge Funds in Q3 2024

Wall Street has become entrenched in a battle for stability as unexpected labor market data prompted widespread volatility in early August 2024. While the Federal Reserve’s combative monetary policy shifts have come under the spotlight, hedge funds c

Dmytro Spilka
Crypto Exposure In Nearly Half Of Traditional Hedge Funds, Survey Reveals – What’s Driving Adoption? - hedge

Crypto Exposure In Nearly Half Of Traditional Hedge Funds, Survey Reveals – What’s Driving Adoption?

According to a Bloomberg report, a recent survey found that almost half of the traditional hedge funds have some exposure to cryptocurrencies, with the degree of exposure expected to increase by year-end. Traditional Hedge Funds Venturing Into Crypto

Ash Tiwari
Nearly 50% of Traditional Hedge Funds Now Exposed to Crypto Assets Amid Growing Regulatory Clarity: Report - hedge, crypto

Nearly 50% of Traditional Hedge Funds Now Exposed to Crypto Assets Amid Growing Regulatory Clarity: Report

New data shows that nearly half of all traditional hedge funds are now reportedly exposed to crypto assets as regulations start to become more clear. According to a new report by Bloomberg, a recent survey revealed that 47% of hedge funds in traditio

Mehron Rokhy
OpenAI Asks Judge to Dismiss Elon Musk Lawsuit as 'Blusterous' Harassment Campaign - musk, edge

OpenAI Asks Judge to Dismiss Elon Musk Lawsuit as 'Blusterous' Harassment Campaign

The motion filed in federal court argues that Musk's claims lack a legal basis and merely aim to give him a competitive edge.

Jason Nelson
Hedge Funds Get Margin Called After Soaring Chinese Stock Market Wrecks Short Positions: Report - hedge

Hedge Funds Get Margin Called After Soaring Chinese Stock Market Wrecks Short Positions: Report

Quant hedge funds are being hit with margin calls following the massive rally in Chinese stocks, hammering those with short positions. Hedge funds who use shorts as part of their market-neutral strategy are now at risk of their positions being liquid

Alex Richardson
Japan’s Economy on the Edge? Crypto Could Be Its Secret Weapon! - japan, edge, crypto, secret

Japan’s Economy on the Edge? Crypto Could Be Its Secret Weapon!

The post Japan’s Economy on the Edge? Crypto Could Be Its Secret Weapon! appeared first on Coinpedia Fintech News Japan is struggling to balance its economy right now. Prices are climbing, and people are unable to spend much. Prime Minister Shigeru I

Vijay Gir
Shiba Inu (SHIB) Is Finally Bullish, XRP Is Getting Closer to Edge, Solana (SOL) Fails at $150 Once Again - shib, xrp, solana, edge, inu

Shiba Inu (SHIB) Is Finally Bullish, XRP Is Getting Closer to Edge, Solana (SOL) Fails at $150 Once Again

Market clearly experiencing reversal, but overall picture is somewhat neutral

U.Today
Mike McGlone — Hedge Funds Push Gold Toward $3K Amid Global Market Uncertainty - gold, hedge

Mike McGlone — Hedge Funds Push Gold Toward $3K Amid Global Market Uncertainty

In a recent interview, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, emphasized the significant role of hedge funds in gold’s ongoing price surge. McGlone shared his insights on the impact of macroeconomic factors, including Ch

Jamie Redman
Bitcoin on the Edge: Will the 200-Day SMA Breakout Push Prices to $70K Again? - edge, time, level, bitcoin

Bitcoin on the Edge: Will the 200-Day SMA Breakout Push Prices to $70K Again?

The post Bitcoin on the Edge: Will the 200-Day SMA Breakout Push Prices to $70K Again? appeared first on Coinpedia Fintech News Bitcoin is on the edge of a major move as it tests a key level for the third time since August. According to well-known cr

Mustafa Mulla
Powerledger Embraces Solana Ecosystem, Advancing Sustainability in Blockchain - solana, powerledger

Powerledger Embraces Solana Ecosystem, Advancing Sustainability in Blockchain

Powerledger integrates with Solana to push forward sustainable blockchain solutions, emphasizing shared goals in innovation and transparency.

Shahzaib Ahmed