Sentences with phrase «digital currency hedge»

Arrington further added that their use of Ripple's XRP token will improve on the current digital currency hedge fund model by resolving some major issues seen in the present model.

Some of that trading volume has been generated by the burgeoning sector of digital currency hedge funds.

In addition to over 100 crypto focused funds already operating a Connecticut based digital currency hedge fund launched in August has raised $ 140 million.

Apart from investing in a digital currency hedge fund and an ICO, and launching the Ethereum - based cryptocurrency Mercury Protocol in 2017, Cuban also announced in January this year that the Dallas Mavericks NBA team, which he owns, will start accepting Bitcoin as payment next season.

In spite of the risk, digital currency hedge fund manager Jacob Eliosoff (like other traders surveyed) believes Zcash presents a unique opportunity for buyers.

Digital currency hedge fund manager Jacob Eliosoff took a different tack, asserting that Zcash may be slightly overhyped.

BlockTower Capital, a digital currency hedge fund launched in August, raised $ 140 million and hired a former vice president at Goldman Sachs Group Inc., expanding its team to eight people, according to people familiar with the matter.

BlockTower Capital, a digital currency hedge fund launched in August, raised $ 140 million and hired a former vice president at Goldman Sachs Group Inc., expanding its team to eight people, according to people familiar with the matter.

Not exact matches

Typhon Capital was one of the first traditional hedge funds to dive into the market for digital currencies.

While dozens of hedge funds have sprung up this year to invest in the white - hot digital currency market, this one, known as Arrington XRP Capital, is the first to be denominated in a crypto - currency rather than dollars or euros.

«Over 100 hedge funds have been created in the past year exclusively to trade digital currency.

Nikhil Kalghatgi, a venture capitalist and early digital currency investor, believes the cryptocurrency market is hindered right now by a shortage of ways for big investors to deploy hedging strategies.

Former Fortress hedge fund manager Michael Novogratz told a conference Tuesday that the digital currency market will be a wild roller coaster ride full of froth and shady behavior.

Bitcoin is a risky investment that could easily plunge 50 percent next week to levels seen only last month, said a former hedge fund strategist who is now a digital currency investor.

But since bitcoin has become a store of value as a hedge against a falling yuan, the «digital gold» currency could continue on its upwards trajectory.

Dan Morehead, the founder of cryptocurrency hedge fund Pantera Capital, said that the digital currency market capitalization could one day be over $ 40 trillion.

With 2017 witnessing a slew of cryptocurrency hedge funds being incorporated, we can expect a major boost in the overall market capitalization of digital currencies in the coming year.

«For my hedge fund that invests in digital currencies like bitcoin and Ethereum, I use Genesis Trading.»

«Major bitcoin industry companies including Digital Currency Group (DCG) subsidiary Genesis Trading and bitcoin hedge fund Binary Financial are set to participate in a government auction of just over 44,000 BTC (worth $ 18.3 m at press time) to be held on Thursday.»

Naturally, a big number of companies, hedge funds and other financial and business organization hold digital currency, but when it comes to the actual individual users, the previously mentioned groups seem to still be the dominant ones.

It was perhaps only a matter of time for Bitcoin to be endorsed at such an event as major hedge fund investors have already begun divulging capital into digital currency assets.

Bitcoin is being helped by growing institutional demand for the digital currency, as hedge funds, day traders and other mainstream investment outfits look to access this burgeoning asset class.

About two months ago, hedge fund billionaire Michael Novogratz made a bold announcement: He'd put 10 % of his net worth into digital currencies including Bitcoin and Ethereum.

Nikhil Kalghatgi, a venture capitalist and early digital currency investor, believes the cryptocurrency market is hindered right now by a shortage of ways for big investors to deploy hedging strategies.

But, bitcoin prices will not surge until the broader community has adopted a hard fork solution, Tim Enneking, chairman of Crypto Currency Fund, a digital currency - focused hedge fund, told CCurrency Fund, a digital currency - focused hedge fund, told Ccurrency - focused hedge fund, told CoinDesk.

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But since bitcoin has become a store of value as a hedge against a falling yuan, the «digital gold» currency could continue on its upwards trajectory.

Furthermore, a wave of new digital currency - focused hedge funds has been hitting the cryptocurrency markets this year, which has created further upward pressure on the price of bitcoin and other digital currencies.

Kyle Bass, the prominent US - based hedge fund manager and the founder and principal of Dallas - based hedge fund Hayman Capital Management, believes bitcoin as a digital asset and currency is here to stay.

Digital Currency Group's Genesis Trading and bitcoin hedge fund Binary Financial are set to participate in a government auction of bitcoin this week.

The biggest news by far is CME's upcoming launch of a regulated Bitcoin futures market, with major hedge funds announcing they will begin trading the digital currency as soon as this futures market goes live.

«Over 100 hedge funds have ben created in the past year exclusively to trade digital currency.

Digital currencies should be thought of as low / zero return or hedge - like assets, akin to gold or certain other metals.»

Once launched, Bitcoin futures contracts would allow investors and traders to trade the cryptocurrency at a certain market value, something that would hedge against any risks that the digital currency may suddenly plunge in value.

The Bitcoin price is affected by Geo Political events as more people globally seek a hedge for failing FIAT currency, a new asset class and inclusion in the new digital economy.

«Think of the currency a consumer or merchant is holding with Abra as a synthetic fiat currency that is effectively a hedged digital currency.

«Over 100 hedge funds have been created in the past year exclusively to trade digital currency.

A growing global digital currency in a world hellbent on taking the freedom of cash from the proletariat is a pretty good hedge, IMO.

Digital currency trading is exploding and daily volume could «soon» surpass that of Apple, according to a strategist closely followed by hedge funds.

«Thus, digital currencies should be thought of as low / zero return or hedge - like assets, akin to gold or certain other metals.»

With the digital currency, trading at record highs on mere speculation there is now a strong reason to be a bear and make a considerable profit by hedging against it.