$1 Billion Crypto Hedge Fund Crashed 40%

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Bitcoin Disrupts France’s Massive $2.5 Trillion Life Insurance Market

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Yale University Has Invested in Two Cryptocurrency Funds: Report

The “herd” of institutional investors that cryptocurrency bulls such as Mike Novogratz have perennially said is just over the horizon is finally making an appearance, as reports have emerged that one of the world’s largest university endowments has invested in two cryptocurrency funds. Yale University Endowment Makes Cryptocurrency Play Citing an anonymous source familiar with …

Fidelity Investments Aims to Release Crypto Products by Year End

Fidelity Investments CEO Abigail Johnson has revealed that the company is working on a number of cryptocurrency and blockchain-related products and offerings, with their release tentatively fixed for sometime before the end of the year. Speaking on Friday at the Boston Fintech Week conference, Johnson declined to go into any specifics regarding what exactly Fidelity …

There’s Still No Bitcoin ETF, But Investors Just Got a Consolation Prize

The long-anticipated bitcoin ETF has yet to materialize, but American investors seeking to gain exposure to the flagship cryptocurrency through their standard brokerage accounts now have a consolation prize. Bloomberg reports that Bitcoin Tracker One, an exchange-traded note (ETN) that has been listed on Nasdaq Stockholm since 2015, can now be traded in U.S. brokerage …

There Are Now More than 300 Cryptocurrency Funds

The recent bitcoin price decline and subsequent bear market put a severe dent in profit projections for hedge funds that invest in cryptoassets, but it has not prevented the sheer number of these cryptocurrency funds — and the size of their assets under management (AUM) — from swelling to record levels. Number of Cryptocurrency Funds …

40 Percent of Ontario Cryptocurrency Investors Have Sold All Their Coins

A survey conducted in Canada’s Ontario province has sought to shed light on cryptocurrency investing habits in the region as well as the views of financial consumers and their understanding of the nascent technology. The study, which was compiled by the Ontario Securities Commission’s Investor Office, revealed that at the moment 5% of Ontarians, or …

1 in 3 Germans See Cryptocurrency as an Investment Opportunity

Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month. Click here now! German retail bank Postbank has reported that according to a recent survey, 29% of Germans believe that cryptocurrency is a desirable investment opportunity. The results from Postbank Digital Study 2018 were announced after 3,100 Germans were interviewed from the …

Argentinian Bank Drops Out of SWIFT, Favors Bitcoin and Cryptocurrency

Join our community of 10 000 traders on Hacked.com for just $39 per month. According to Toshi Times, Jose Dakak, the principal shareholder of Argentinian bank Banco Masventas, has stated that the bank will drop out from the global financial network SWIFT and begin utilizing the Bitcoin blockchain network to settle international payments. Can Bitcoin …