Bitcoin mimics stocks rally, hits 2-week high
Featured in Reuters
Bitcoin hit its highest in two weeks on Saturday, extending the previous session’s strong gains as cryptocurrencies basked in a recovery in risk appetite and a rally in stock markets.
Crypto Trading Volume Slows, Boding Ill for Exchanges
During the brutal cryptocurrency selloff last month, volumes also tumbled — a development that doesn’t bode well for exchanges that trade the digital tokens. Total spot volume slumped to $1.8 trillion in January, a decline of more than 30% from the previous month, according to a report from CryptoCompare. That was the lowest turnover since the end […]
Bitcoin moves in lockstep with US stocks as big traders enter market
Bitcoin has mirrored the sharp fluctuations in traditional markets this year, highlighting the tightening link between cryptocurrencies and mainstream financial assets as more professional traders enter the digital finance arena.
Crypto hedge fund TYR Capital ramps up offering amid soaring investor interest
Featured in Hedge Week – Cryptocurrency hedge fund TYR Capital is tapping into growing investor appetite for digital assets with the launch of a new long-only fund next year.
‘It’s wild out there’: crypto firms lure top bankers in price boom
Featured in the Financial Times – Huge gains in digital asset values are helping crypto firms to poach previously out-of-reach executives from some of the biggest companies in mainstream finance.
Financial advisers lead the institutional push toward crypto adoption
Featured in CoinTelegraph – In the past, there were plenty of reasons for financial advisers to dismiss Bitcoin (BTC) and other cryptocurrencies as a worthy investment, but all of that is starting to change as more institutions become attuned to the digital asset class.
TYR Capital integrates with Copper
Featured in Hedge Week – Investors placing funds with TYR Capital will be guaranteed greater security by Copper’s proprietary technology, which reinforces sophisticated internal processes with further protection against human error, fraud, or theft.
Crypto fund TYR Capital chooses HedgeGuard to shore up portfolio management
With HedgeGuard’s technology, TYR Capital will have faster, more agile oversight across its order books, with seamless risk management and real-time tracking and reconciliation of fund positions. The technology easily integrates with third parties so that TYR Capital’s activity across custodians, administrators, exchanges and wallets remains at its fingertips at all times. Costs associated with operational […]
Crypto hedge fund refutes JPMorgan’s claim that Bitcoin ETF is short-term negative for BTC
Strategists at JPMorgan Chase caused quite the stir in January when they informed clients that the approval of a Bitcoin (BTC) exchange-traded fund, or ETF, would be a short-term headwind for the digital asset. A United Kingdom-based cryptocurrency hedge fund manager is attempting to pour cold water on those claims, asserting that JPMorgan’s analysis isn’t […]
Crypto hedge funds struggle to recover from ‘Bloodbath’
Vlad Matveev has learnt the hard way how volatile cryptocurrency hedge funds can be. The 50-year-old Muscovite invested $250,000 last year with California-based Cryptolab Capital, which targeted double-digit gains from trading crypto regardless of whether the market rose or fell. But Mr Matveev said his investment fell 98.5 per cent in value when the fund […]
