bitcoin

Hedge Funds Are Quietly Investing in Bitcoin

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. Average Hedge Funds Return 3.5% This Year Hedge fundsHedge Funds Are Quietly Investing in Bitcoin are investment funds whose clients are accredited or institutional investors. They are less regulated than mutual funds since…

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Bitcoin Break $3,000 Do Not Miss This

The price of bitcoin topped $3,000 for the first time in history today, according to the CoinDesk Bitcoin Price Index (BPI). If you want to double your bitcoin every 40-50 days then we have a platform for you that you do not want to miss. [Ckick Here] or copy and paste in your browser http://hivepush.com/ekjxanbwtw/1096 After spending much of the last week seeking direction in the $2,700 to $2,900-range, the average price of bitcoin across major international exchanges edged up over this…

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Is Bitcoin or Other CryptoCurrency a Good Investment

Is Bitcoin or Other CryptoCurrency a Good Investment Despite all denials of the techies, the Bitcoin continues to fly under the pressure of marketing that makes it a form of Russian roulette that benefits those who know the manipulation. Since March 26, the Bitcoin has increased from $ 973 to $ 2,795. A real explosion of prices which can only be explained by fraudulent maneuvers. It went from $ 16 billion to $ 43 billion. But behind this surge, there…

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What Do UK Election Results And Brexit Mean For Cryptocurrency Value

What Do UK Election Results And Brexit Mean For Cryptocurrency Value The United Kingdom’s Conservative Party failed to secure a clear majority in the UK election on Thursday. The political upheaval surrounding Prime Minister Theresa May sent shockwaves throughout the economy. The New York Times reports London’s position as a “dominant global financial center” could be jeopardized. According to CNBC, by Friday morning the British pound dropped to the lowest value it has had in months: $1.2632. "The financial markets…

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Australian Stock Exchange Announces First-Ever Bitcoin Investment

Australian Stock Exchange Announces First-Ever Bitcoin Investment   In a first, Melbourne-based Blockchain Global Limited (BGL) has used bitcoin in an AUD$4.35 million investment to acquire a 40% stake in ASX-listed blockchain payments fintech DigitalX. Details from an announcement today on the Australian Stock Exchange (ASX) reveal DigitalX to receive, in bitcoin, AUD$300,000 in a convertible loan. A further AUD$550,000 will be invested in convertible notes along with AUD$3.8 million in shares. “DigitalX has received AUD$300,000 by way of a…

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Crypto Asset Fund looks to raise $400 million to buy into blockchain frenzy

Crypto Asset Fund looks to raise $400 million to buy into blockchain frenzy   Timothy Enneking started a cryptocurrency fund in 2014, when the market was almost exclusively bitcoin. That's no longer the case. The 58-year-old money manager is now aiming to raise up to $400 million for the Crypto Asset Fund, a diversified pool of digital currencies and assets that he expects to be in the tens of millions of dollars by the end of this year. Enneking filed…

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The new cryptocurrency gold rush: digital tokens that raise millions in minutes

The new cryptocurrency gold rush: digital tokens that raise millions in minutes   New York City About a dozen rain-soaked people were crammed between the revolving doors and security barriers in the lobby of New York University’s Stern School of Business as torrents pelted down outside. All desperately wanted in to the hottest ticket in town, one that promised to make some of them overnight millionaires, if not billionaires. Among them was Dan Morehead, a former Wall Street titan turned…

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How to get started in the cryptocurrency game

How to get started in the cryptocurrency game   As bitcoin reaches for $2,500 again, I thought this would be a good time to let readers know exactly how digital currencies work and how to get more information if you wish to partake in this alternative investment. There will be only 21 million bitcoins created, and as of last month, roughly 16.8 million or 80 percent of all the bitcoins have been “mined,” or created. So unlike the paper currencies…

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Will Investing in Cryptocurrency Make You Rich

Will Investing in Cryptocurrency Make You Rich   Have you heard? Cyptocurrency is so hot right now. Bitcoin's price has been climbing for the better part of a year, topping $2,000 per coin for the first time in May, and rising to a record high above $2,500 — before dropping down just above $2,400 a coin as of Friday afternoon, per CoinDesk. Those numbers mean nothing to you? This one might: If you had made a small investment in bitcoin…

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How Do Bitcoin Transactions Actually Work

How Do Bitcoin Transactions Actually Work   Whether you’re interested in becoming a developer for blockchain applications, or you’re just looking to understand what happens under the hood when you send bitcoin to a friend, it’s good to have a working knowledge of what happens when you create and broadcast Bitcoin transactions to the Bitcoin network. Why? Because transactions are a basic entity on top of which the bitcoin blockchain is constructed. Transactions are the result of a brilliant collision…

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