カテゴリー: Funds

Chinese Wallet Imtoken Holds $20 Billion in Coinbase Customer Assets

Chinese Wallet Imtoken Holds $20 Billion in Coinbase Customer AssetsIn a recent interview, Ben He, the founder of major Chinese Ethereum wallet provider, Imtoken, discussed his company’s growth. $35 billion worth of crypto assets are currently held in Imtoken wallets – including funds owned by major cryptocurrency companies such as Coinbase. Imtoken also recently announced that it has received $10 million USD from IDG […]

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Japanese Corporation Begins Offering Loans Secured by Cryptocurrency

Japanese Corporation Begins Offering Loans Secured by CryptocurrencyAn established Japanese corporation has begun offering loans secured by cryptocurrency. The company says this is the first service in Japan where loans in Japanese yen can be obtained with cryptocurrency as collateral. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Loan Program Abic Corporation announced Friday the launch of its bitcoin loan […]

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Cryptocurrency Hedge Funds Rebound By Over 45% in April

Cryptocurrency Hedge Funds Rebound By Over 45% in AprilThe bullish market performance experienced across the cryptocurrency markets last month also manifested significant gains for many cryptocurrency hedge funds, with multiple cryptocurrency hedge fund indexes estimating a more than 45% increase in the value of leading funds. Also Read: 5 Years Ago You Should Have Bought Bitcoin, Not Altcoins Cryptocurrency Recovery Rally Drives Impressive Performance […]

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Peter Thiel’s Founders Fund Thinks Institutional Investors Want In On Bitcoin

Peter Thiel’s Founders Fund Thinks Institutional Investors Want In On BitcoinOn Tuesday, reports regarding the notorious Facebook investor and venture capitalist Peter Thiel and his Founders Fund was revealed. According to sources familiar with the matter, Thiel’s fund has made an investment in the startup Tagomi, a firm that plans to execute cryptocurrency buy and sell orders as a brokerage service dealing with institutional investors […]

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This Guy Is Fighting a Legal Battle with the CFTC over Bitcoin Classification

This Guy is Fighting a Legal Battle With the CFTC Over Bitcoin ClassificationA few months ago the U.S. Commodity Futures Trading Commission (CFTC) charged a Staten Island-based company called Cabbage Tech with ‘fraud and misappropriation’ of funds based in Bitcoin and Litecoin. According to the CFTC, it revealed it had charged Patrick McDonnell and his company Cabbage Tech for crimes associated with allegedly promising big returns on […]

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Cryptocurrency Hedge Funds Experience Poor Performance and Shutterings

Cryptocurrency Hedge Funds Witness Poor Performance and ShutteringsThe violent crypto bear trend of 2018 has proved too much for many cryptocurrency hedge funds. The average performance of crypto funds has been a loss of over 20% so far this year, with at least nine crypto hedge funds having been reported to have ceased operations. Also Read: Markets Update: Cryptocurrency Prices See Some Slight […]

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Strict Rules for ICOs Prepared in Russia

Strict Rules for ICOs Prepared in RussiaA new set of regulations for ICOs has been presented by the Russian Ministry of Communications. Companies organizing token sales will be obliged to guarantee that investors can sell back their tokens. Coin issuers will have to prove they control at least 100 million rubles of authorized capital in a Russian bank account. Also read: […]

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Gifting Bitcoin Is One Way a Person Can Avoid Paying Crypto-Taxes

Gifting Bitcoin Is One Way a Person Can Avoid Paying Crypto-TaxesAfter the newly written U.S. tax laws recently passed, cryptocurrency investors realized the tax-free exemption filing 1031 for IRS reporting is no longer applicable to their digital asset investments. The law also implies that a lot of people will have to pay taxes on every single transaction they processed throughout the past twelve months. However, […]

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Number of Cryptocurrency Hedge Funds Rises to 226 Globally

Number of Cryptocurrency Hedge Funds Rises to 226 GloballyThe number of global cryptocurrency hedge funds has reached a record high of 226, according to research firm Autonomous Next. The hedge funds tracked by leading hedge fund database provider Eurekahedge show a return of 1,477.85 percent in 2017 on average. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies 226 Crypto Hedge […]

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