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# hedge fund News

Polychain has announced a new capital injection of $175 million with their latest round of funding on December 19, 2018, according to a report by Axios. Polychain is a crypto hedge fund run by former Coinbase employee Olaf Carson-Wee. The fund is regarded as the largest crypto hedge fund, with...
October 24, 2018 by at Bitcoin, Investment, News, Platform, Tech
A new report has found that 20 percent of hedge funds launched in 2018 have been geared toward investing in digital currencies and tokens. This acts as a testament to investors’ belief in the future value of digital assets despite this year’s demoralizingly painful bear market. 20 Percent of New...
Marc Lasry, the billionaire co-founder of Avenue Capital Group, whose net worth is estimated to be at around $1.68 billion, has invested $16.8 million in bitcoin. Bitcoin Investments Explained When asked about his personal investment in bitcoin, Lasry explained that he entered the cryptocurrency sector a few years ago, and...
April 15, 2018 by at Bitcoin, Finance, News, Tech
Pantera Capital Management, a cryptocurrency hedge fund with more than $800 million in assets, believes that bitcoin will not go under $6,500 in this seemingly slowing market. In a note to investors, the fund mentioned that the pioneer cryptocurrency’s prices would most likely exceed their previous high of $20,000 in...
It appears George Soros has made a U-turn on his stance regarding the crypto market or, at the very least, is prepared to get in on some of the action. This news is based on a report that his family office is set to begin trading in cryptocurrencies. George Soros...
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