Brevan Howard Scores Largest Crypto Hedge Fund Launch Ever
Blockworks exclusive: The longtime global macro hedge fund firm has raised more than $1 billion for its flagship crypto vehicle, according to four sources with…
Tag: cryptocurrency
Coinbase, BlackRock ink crypto trading partnership targeting institutional clients
(Reuters) – Cryptocurrency exchange Coinbase Global Inc said on Thursday it has partnered with BlackRock, the world’s largest asset manager, to provide institutional clients with…
Bitcoin Trades Cautiously Even as Real Yield, Dollar Support Bullish Stance
The U.S. 10-year real yield has dropped 46 basis points in two weeks, offering bullish cues to risk assets, including bitcoin. Bitcoin (BTC) is trading…
Bitcoin Drops Even as Wall Street’s ‘Fear Gauge’ Indicates Calm Ahead of Fed Decision
“I don’t think the hawkish Fed trade has peaked,” one observer said. Bitcoin fell even as the Chicago Board of Options Exchange’s volatility index (VIX),…
French Banking Giant BNP Paribas Enters Crypto Custody Space: Sources
The French bank will be working with crypto custody specialists Metaco and Fireblocks. French Bank BNP Paribas (BNP) is entering the cryptocurrency custody space via…
Crypto miners moved over $300 million of bitcoin in one day, and some are dropping out altogether
New data from blockchain analytics firm CryptoQuant shows that miners are rapidly exiting their bitcoin positions. 14,000 bitcoin, worth more than $300 million at its current…
Crypto Is Trying Out Traditional Finance’s Failures in Hyperspeed, but It’s Going to Be Fine
What is going to be most interesting here is seeing what happens to bitcoin and other cryptos during these Hard Times. The last time I wrote…
First Mover Asia: Bitcoin Rebounds Past $20K; China’s Blockchain Revolution Is Missing On-Chain Data
Ether and most other major altcoins regain ground they’d lost in last week’s downturn; China companies seem unconvinced by blockchain technology. Prices: Bitcoin gains ground, hovering…
A Major Crypto Exchange Abandons Ethereum: Is the World’s Computer Falling Behind?
By ditching Ethereum for Cosmos, dYdX has sparked claims that it has chosen sovereignty over security. Last week, crypto derivatives exchange dYdX announced that it…
Coinbase Shares Slump With Crypto Prices as Binance.US Starts Zero-Fee BTC Trading
Cryptocurrency prices resumed their slump, hurting Coinbase and related equities Shares of Coinbase Global (COIN) fell more than 7% Wednesday, lagging crypto-exposed peers as the…