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Fidelity Files for Bitcoin Fund After Validating Model Predicting BTC Price at $1 Million

Fidelity Files for Bitcoin Fund After Validating Model Predicting BTC Price at $1 Million

Peter Jubber, the president and director of digital funds at Fidelity filed for a new fund dedicated to Bitcoin with the US SEC.

Ether Fund by 3iQ to Launch on the Toronto Stock Exchange Tomorrow, $75M Already Raised

Ether Fund by 3iQ to Launch on the Toronto Stock Exchange Tomorrow, $75M Already Raised

3iQ, a digital asset manager based in Canada, will list the Ether Fund tomorrow.

Billionaire Paul Tudor Jones Looks to Buy Bitcoin as A Portfolio Hedge Against Inflation – Here's Why

Billionaire Paul Tudor Jones Looks to Buy Bitcoin as A Portfolio Hedge Against Inflation – Here's Why

According to Bloomberg's report on Thursday, billionaire hedge fund manager Paul Tudor Jones is buying Bitcoin to hedge against inflation as central banks across the world print money to relieve economies affected by coronavirus pandemic. Tudor is one of Wall Street’s most seasoned and successful hedge fund managers. He is the CEO and founder of Tudor Investment Corp, which is a hedge fund company that managed $8.4 billion as of March 30, based on data from the SEC (Securities and Exchange Commission).

Bitcoin Is at an “Inflection Point,” says Soros Fund Management CIO

Bitcoin Is at an “Inflection Point,” says Soros Fund Management CIO

As Bitcoin’s price consolidation continues, Soros Fund Management CIO Dawn Fitzpatrick believes that the leading cryptocurrency is at an inflection point.

JPMorgan Strategists Explain Why Bitcoin is Currently the "Least Reliable Market Hedge" as BTC Price Drops

JPMorgan Strategists Explain Why Bitcoin is Currently the "Least Reliable Market Hedge" as BTC Price Drops

After sustaining above the $35,000 threshold for most of the week, Bitcoin has stumbled, even dropping to lows of $29K mark momentarily.

Wilshire Phoenix Files for Publicly Traded Bitcoin-Backed Fund Approval Seeking to Challenge Grayscale’s Dominance

Wilshire Phoenix Files for Publicly Traded Bitcoin-Backed Fund Approval Seeking to Challenge Grayscale’s Dominance

The New York-based investment company, Wilshire Phoenix has filed the s-1 registration statement with the SEC for a publicly-traded Bitcoin fund in accordance with regulatory requirements.

Coinbase Custody Launches New International Institutional Grade Crypto Service to European Clients

Coinbase Custody Launches New International Institutional Grade Crypto Service to European Clients

With its operations based in Dublin, Ireland, Coinbase Custody launched its institutional-grade crypto asset storage service to clients in Europe. The cryptocurrency exchange launched Coinbase Custody in 2017 for institutional clients such as hedge funds and family offices. Its assets under management have over $7 billion in cryptocurrency assets, with its acquisition of Xapo’s institutional custody business in August 2019.

CEX.IO Founder: US and UK Investors Expect Bitcoin to Serve as Hedge Against Currency Depreciation

CEX.IO Founder: US and UK Investors Expect Bitcoin to Serve as Hedge Against Currency Depreciation

CEX.IO Founder and CEO, Oleksandr Lutskevych is a pioneer in the Bitcoin industry and serial entrepreneur with deep expertise in internet technology businesses. In this second exclusive interview with Blockchain.News, Lutskevych to discuss the current Bitcoin market sentiments in the US and UK following Brexit and discuss CEX.IO’s next steps for 2020.

CEO Of BTCS Explains How The Company Surpassed $1M In Crypto Assets

CEO Of BTCS Explains How The Company Surpassed $1M In Crypto Assets

BTCS Inc. is a publicly-traded cryptocurrency and blockchain company that recently surpassed the $1 million milestone in crypto assets under management (AUM). The landmark achievement comes after crypto prices recovered from the mid-March slump (Black Thursday). Reports indicate that Bitcoin-focused crypto hedge funds are outperforming their more-traditional counterparts. BTCS plans to pursue a measured approach to diversifying its current cryptocurrency holdings. BTCS shares are up more than 215% year-to-date.

First Crypto Fund Approved by Hong Kong’s Financial Regulator Aims to Pass $100M in its First Year

First Crypto Fund Approved by Hong Kong’s Financial Regulator Aims to Pass $100M in its First Year

Hong Kong’s first approved cryptocurrency fund, Arrano Capital, the blockchain arm of Venture Smart Asia announced its rollout of a new Bitcoin fund in Hong Kong.

UNICEF Unveils Cryptocurrency Donation Fund

UNICEF Unveils Cryptocurrency Donation Fund

UNICEF has launched a cryptocurrency fund intended for open-source technology funding, whereby Ether and Bitcoin will be accepted. The donations will be beneficial to young people and children across the globe.

Bitcoin Subreddit Surges as Hedge Funds Short BTC, A Coordinated Crypto Buying Attack?

Bitcoin Subreddit Surges as Hedge Funds Short BTC, A Coordinated Crypto Buying Attack?

Will Bitcoin be the next target of a coordinated buying attack as new data reveals Bitcoin subreddit's astronomical growth as well as institutional shorts on the cryptocurrency?

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