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ccn.com April 09, 2018

LA Dodgers Minor Leaguer Retires At 22 To Launch Crypto Hedge Fund For Athletes

Cryptocurrencies are the wave of the future that will be ushered in by Millennials, says Tyler Adkison, a cryptocurrency hedge fund CEO. At 22, he retired as a minor league baseball player with the Los Angeles Dodgers to launch a crypto hedge fund focused exclusively on athletes.
Read by 40% of LPs

dealstreetasia.com March 26, 2018

VC Funding Into Cryptocurrency Startups Surges

<span font-size:="" helvetica="" style="color: rgb(0, 0, 0); font-family: Merriweather, ">While ICOs were supposed to disrupt venture capital, such funding in blockchain-based companies is surging, with startups raising $434 million since December, the most ever in a three-month period, according to CoinDesk data.</span>
Read by 42% of LPs

bloomberg.com March 12, 2018

Crypto Craze Finds Few Fans At Endowments

Endowments and foundations are steering clear of the crypto-craze. Ninety-six percent of top officers at these organizations said they aren&rsquo;t investing in cryptocurrencies and have no plans to do so, according to a survey released by consulting firm NEPC. However, many of them are intrigued.
Read by 80% of LPs

bloomberg.com March 07, 2018

How Currency Investors Are Bracing For A Full-Blown Trade War

In foreign-exchange markets, investors aren&rsquo;t waiting to find out if all the tariff threats being thrown around lead to a full-blown trade war. Some money managers have begun piling into traditional havens like the yen; others are trimming currency exposure altogether; and even those who are betting not much will come from the row are hedging just in case.
Read by 74% of LPs

bloomberg.com February 22, 2018

Governments Could Join The Cryptocurrency Craze

With crypto mania sweeping the world, a handful of countries have stirred at the possibility of issuing their own virtual currencies based on blockchain, the technology behind Bitcoin. Advocates of government-backed cryptocurrencies say that if the movement takes hold, which is by no means assured, it could irrevocably change the international monetary system as we know it.
Read by 67% of LPs

reuters.com February 06, 2018

Market Volatility Spurs Some Funds To Look Again At Currency Hedging

A pick up in currency market volatility over the last few days after years of suppression by central banks' easy-money policies has prompted some investors to look again at protecting against, or profiting from, sharp moves.
Read by 78% of LPs

reuters.com January 11, 2018

Strong Yen Could Kill Japan's Growing Emerging Market Appetite

Concerns that Japan could exit stimulus sooner than expected have jolted world markets this week, including emerging economies where a stronger yen could persuade Japanese funds to dial back their slowly rising overseas allocations.
Read by 54% of LPs

engadget.com January 08, 2018

China Reportedly Wants To Curtail Wasteful Bitcoin Mining

China is reportedly seeking an "orderly exit" from bitcoin mining, according to a leaked document seen by Quartz. The government is reportedly concerned about pollution and the havoc that could be triggered by investors who lose money investing in mining and cryptocurrency.
Read by 63% of LPs

forbes.com December 06, 2017

Bitcoin Climbs Up 1,100% This Year

The price of Bitcoin has climbed past $12,000, reaching its latest record and pushing its year-to-date gain to more than 1,100%. After breaking through this milestone, the digital currency's price kept climbing, extending Bitcoin's gains.
Read by 66% of LPs

fortune.com December 04, 2017

Venezuela Launches 'Petro' To Skirt Sanctions

Venezuelan President Nicolas Maduro looked to the world of digital currency to circumvent U.S.-led financial sanctions, announcing on Sunday the launch of the &ldquo;petro&rdquo; backed by oil reserves to shore up a collapsed economy.
Read by 46% of LPs