GABI goes on to suggest its buyers accumulate bitcoin in advance of the expected rulings, and to establish long positions for when the time comes.
It continues: "In short, the price isn’t going any... Read More
Published today, the note finds one of the technology's more well-known hedge funds (led by ex-JP Morgan trader Daniel Masters) asserting that the market is "temporarily broken" after rising to near a... Read More
Correction: Article has been updated to reflect that one-year high is based on BPI closing prices; 36% gain was achieved in last two weeks, not last four days.
The price of bitcoin has hit its... Read More
The director of one of the first bitcoin hedge funds offered praise for initial coin offerings (ICOs) today, arguing in an investor note that the novel fundraising method is already showing signs of s... Read More
The operators of a regulated, Jersey-based bitcoin hedge fund have officially closed a new $5 million fund aimed at investing in cryptocurrency tokens and initial coin offerings (ICOs).
Backed by f... Read More
Coinbase Disputes Claims in New York Attorney General's Exchange Report
A recent report published by the New York Office of the Attorney General (OAG), which claimed several cryptocurrency exchanges it investigated are vulnerable to market manipulation, has drawn backlash
Bitfury Reveals New Generation of Bitcoin ASIC Chips
Bitfury Group has developed a new, more efficient bitcoin mining chip, the firm announced Wednesday.
The Bitfury Clarke application-specific integrated circuit (ASIC) chip "offers the strongest per
US Lawmakers 'Strongly Urge' IRS to Update Crypto Tax Guidance
A group of U.S. lawmakers has called on the nation's Internal Revenue Service (IRS) to release comprehensive guidance for taxpayers earning gains on cryptocurrency investments or transactions.
Brazil Moves to Probe Banks After Crypto Exchanges Denied Services
Brazil's antitrust watchdog is investigating whether the major banks in the country worked together to close off access to cryptocurrency services.
The Administrative Council for Economic Defense (