Expect More Crypto Hedge Funds To Close in 2018… But Not For Why You Think.

Expect More Crypto Hedge Funds To Close in 2018... But Not For Why You Think.

In a recent tweet thread, Anthony “Pomp” Pompliano, co-founder of Multicoin Capital, outlines why many of crypto hedge funds might be closing their doors in 2018. Most people would expect that the bear market and the prices would be the number one reason why most hedge funds are closing up shop. While this is certainly a factor, Pomp believes that it has to do more with the fee structures that the funds set-up in 2017. In

The post Expect More Crypto Hedge Funds To Close in 2018… But Not For Why You Think. appeared first on Bitcoinist.com.

Read More

Expect More Crypto Hedge Funds To Close in 2018… But Not For Why You Think.

Expect More Crypto Hedge Funds To Close in 2018... But Not For Why You Think.

In a recent tweet thread, Anthony “Pomp” Pompliano, co-founder of Multicoin Capital, outlines why many of crypto hedge funds might be closing their doors in 2018. Most people would expect that the bear market and the prices would be the number one reason why most hedge funds are closing up shop. While this is certainly a factor, Pomp believes that it has to do more with the fee structures that the funds set-up in 2017. In

The post Expect More Crypto Hedge Funds To Close in 2018… But Not For Why You Think. appeared first on Bitcoinist.com.

Read More

Fidelity Will Open Cryptocurrency Trading to Its 27 Million Customers

Fidelity Investments Adds Cryptocurrency Integration Through Coinbase

On the heels of a massive 10% price jump in Bitcoin (BTC) and after a rocky week for the stock market, Fidelity has announced plans to store and trade digital currencies for their institutional clients. Currently, Fidelity manages $7.2 trillion dollars in total assets, and services more than 27 million customers. Fidelity is leading the United States in 401(k) retirement savings plans, and is one of the largest 403(b) retirement plan providers for not-for-profit institutions. Just

The post Fidelity Will Open Cryptocurrency Trading to Its 27 Million Customers appeared first on Bitcoinist.com.

Read More

Technical Analysis: Bitcoin Makes a Move Amid Uncertain Two-Weeks

Technical Analysis: Bitcoin Makes a Move Amid Uncertain Two-Weeks

Bitcoin, along with the wider cryptocurrency market took a tumble as the Dow, S&P 500, and Nasdaq take a beating for the second day in a row. Bitcoin Price Market Overview Bitcoin (BTC) finally decided to make its move after the 50/50 market we’ve had for the past two weeks. The weak volume is a big indication that the market was very indecisive about which way it wanted to move, and also makes the market

The post Technical Analysis: Bitcoin Makes a Move Amid Uncertain Two-Weeks appeared first on Bitcoinist.com.

Read More

Binance Delists Four Coins (BCN, CHAT, TRIG, ICN) for Four VERY Different Reasons… We Investigated Why

The most popular cryptocurrency exchange in the world, Binance, sent out a blog post this morning saying they are delisting 4 coins. (BCN, CHAT, TRIG, ICN) I decided to do some digging myself into the potential reasons for these delistings. Each of the 4 projects became delisted for a different reason, and Binance didn’t explicitly say why. Immediately following the delisting, all 4 projects took a beating in price action. Instead of just copying and

The post Binance Delists Four Coins (BCN, CHAT, TRIG, ICN) for Four VERY Different Reasons… We Investigated Why appeared first on Bitcoinist.com.

Read More