Hedge Funds Are Quietly Investing in Bitcoin
Bitcoin’s price has gained over 180 percent this year, while hedge funds have only returned 3.5 percent on average. Most hedge fund managers have stayed away from bitcoin. However, the few that have included it are significantly outperforming their peers. Also read: Bitcoin Bubble? Analysis Suggests More Room to Grow Average Hedge Funds Return 3.5% This Year Hedge funds are investment funds whose clients are accredited or...
Russian Government To Introduce KYC Guidelines For Cryptocurrency Purchases
The Russian Ministry of Finance has announced its intention to introduce KYC guidelines for cryptocurrency purchases, amidst increased user adoption across BRICS nations. Also Read: Russian President Vladimir Putin Discusses Using Ethereum with Vitalik Buterin Russia Has Come a Long Way in Recent Months With Regards to Its Regulatory Position on Cryptocurrencies The move in favor of greater identity verifications being introduced...
Enigma Project Announces ‘Catalyst’ a Decentralized Hedge Fund Platform
On June 6 the MIT Media Lab graduates who created Project Enigma announced a new platform called ‘Catalyst.’ The financial application claims to “empower anyone” to build their own decentralized cryptocurrency hedge fund. Also read: Indospace Allows Cannabis Merchants to Accept Bitcoin Effortlessly Enigma Project Announces ‘Catalyst’ a Peer-to-Peer and Trustless Hedge Fund Platform...
Orocrypt; The Ethereum Blockchain Meeting the Precious Metals
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Orocrypt; a Panama-based blockchain platform created by a team with members having more than 30 years of experience in banking...
US Lawmakers Urged to Take Action Against Unlicensed Offshore Bitcoin Exchanges
US lawmakers have been urged to take action against unlicensed offshore bitcoin exchanges, following a subcommittee hearing within the House of Representatives. The hearing, “Virtual Currency: Financial Innovation and National Security Implications”, is being hosted by the Terrorism and Illicit Finance Subcommittee. Also Read: Financial Analyst Andy Hoffman Says We Should Be Thankful for Bitcoin The Absence of KYC...