Despite having a fantastic year in 2024, crypto hedge funds could not match bitcoin’s phenomenal returns. Crypto Hedge Funds No Match for Bitcoin Hedge funds focused on cryptocurrencies delivered double-digit returns in 2024. This is according to data from Galaxy’s Visiontrack Composite Index, which measures the performance of 130 crypto-dedicated hedge funds. The hedge funds […]
In a recent interview, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, emphasized the significant role of hedge funds in gold’s ongoing price surge. McGlone shared his insights on the impact of macroeconomic factors, including China’s economic slowdown and the Federal Reserve’s monetary policies, on the commodities market. Gold Eyes $ 3,000 Mark Amid …
Matt Hougan, CIO of Bitwise, one of the world’s largest crypto fund managers, referred to the value of bitcoin as a hedge against the U.S. debt and the decline of the dollar. In social media, Hougan stated that bitcoin was an instrument that allowed investors to put funds in the market taking public debt into […]
Woo X, a crypto futures and spot trading platform, has launched its new social trading product, featuring a counter trading feature. This tool allows users to hedge against lead traders, offering additional opportunities for profit in varying market conditions. The platform also introduces a fair profit-sharing model, ensuring users only share profits when truly in […]
The U.S. Securities and Exchange Commission (SEC) has slapped Galois Capital Management LLC with a $ 225,000 fine for falling short of the Custody Rule laid out in the Investment Advisers Act. The crypto-centric hedge fund and advisory firm was also accused of misleading investors about the redemption process. SEC Charges Galois Capital According …