Hedge Funds Tied to Cryptocurrencies Exploding, Over 70 in Pipeline

Hedge Funds Tied to Cryptocurrencies Exploding, Over 70 in Pipeline

admin CoinGreed, Cryptocurrency, HEDGE FUNDS 0 Comments

SMART INVESTMENT “Hedge funds with crypto exposure “exploding,” tweets economist and investor Tuur Demeester. According to his quoting a related article, over 70 such funds are now being in the pipeline. The linked article includes a comment by Arthur Bell manager Corey McLaughlin who says: “I’ve been in the hedge fund space since 1998, and I’ve never seen anything like it in volume of launches in a particular area. It’s just crazy.” The market will likely continue to call for increasing numbers as the funds continue to outperform other market spaces. Best and the brightest Hedge funds are always in the market for the best, brightest and fastest ways to make money, regardless of the field. The market for hedge funds is constantly shifting, as investment vehicles change direction and move with the financial times. Recent increases in the prices of cryptocurrencies have led to attention being focused on the hedge funds that had crypto holdings. Such funds were relative outliers until the market for Bitcoin and others began booming earlier this year. New funds everywhere With the massive rise in values, hedge fund managers are seeing the need for new funds that link to cryptocurrencies and the public is calling for such funds. A recent revealed …

With One Percent of Indians Investing Money into Bitcoin, Its Price Can Reach $1000 by the End of 2016

With One Percent of Indians Investing Money into Bitcoin, Its Price Can Reach $1000 by the End of 2016

admin Bitcoin, Bitcoin News, India, Privacy 0 Comments

What could possibly happen if and when a tiny fraction – one percent – of the Indian populationgets a hold on what Bitcoin could do for them in the country’s time of demonetization, which has forced the citizens into applying unusual efforts to access and use their hard-earned money? Something big, but not unexpected. For starters, a lot is happening globally and India is one of them. Taking Vinny Lingham’s tweeton Nov. 17, which says: “I don’t think the market fully appreciates how much money is about to flow into Bitcoin over the next month.” With hashtags like; #india #trump #china #fed, it could create a nexus, with the prediction by CivicKey’s CEO that the price of Bitcoin will hit the $1000 mark before the end of 2016. Lamassu’s co-founder Josh Harvey started this puzzle with a tweet that says that there are 13 mln people in the Indian one percent, and the fact that many of them will be hearing about Bitcoin now is in itself a big deal. With the Editor in Chief at Adamant Research, Tuur Demeester, adding in a tweet that Bitcoin, on Indian exchange Zebpay, has been selling for 20 percent premium, equivalent to $895, one could …