Category: Hedge Funds

Hedge fund that shorted GameStop closes as $1.13B GME stock offer completes

June 23, 2021

Crypto Nanobot 0

One of the hedge funds badly burned in the infamous GME social media driven short squeeze is closing down, while GameStop itself has just completed its $1.13 billion equity offering. According the Financial Times, London-based White Square Capital operated by Florian Kronawitter has closed its main fund and will return capital to investors. White Square […]

Continue Reading

Bill Miller’s Flagship Fund May Now Buy GBTC to Gain Bitcoin Exposure of Up to 15%

February 6, 2021

Crypto Nanobot 0

The fund noted it would not expose more than 15% of its $2.25 billion in assets to bitcoin. Feb 6, 2021 at 2:51 p.m. UTCUpdated Feb 6, 2021 at 4:02 p.m. UTC Bill Miller’s Flagship Fund May Now Buy GBTC to Gain Bitcoin Exposure of Up to 15% Miller Value Funds–run by veteran hedge fund […]

Continue Reading

The Small Guys Rebel Against Their Big-Brother Hedge Funds

January 30, 2021

Crypto Nanobot 0

In this episode, Anna Baydakova, Tanzeel Akhtar and Danny Nelson discuss what the GameStop stock market chaos can teach crypto, why the Bank of International Settlements is pitching central bank digital currencies (CBDC) instead of crypto, and the privacy concerns around China’s digital yuan. The big story for the week involves the Reddit-based trading community […]

Continue Reading

First Mover: Bitcoin Breaches $16K as (Committed) Holders Diss Dalio’s Diss

November 12, 2020

Crypto Nanobot 0

Nov 12, 2020 at 2:12 p.m. UTCUpdated Nov 12, 2020 at 3:42 p.m. UTC Bitcoin climbed above $16,000 for the first time since late 2017. (Pixabay, modified by CoinDesk) First Mover: Bitcoin Breaches $16K as (Committed) Holders Diss Dalio’s Diss Bitcoin briefly climbed above $16,000 for the first time in three years before quickly falling […]

Continue Reading

Bridgewater’s Dalio Sees Governments Banning Bitcoin Should It Become ‘Material’

November 11, 2020

Crypto Nanobot 0

Nov 11, 2020 at 4:20 p.m. UTC Bridgewater’s Dalio Sees Governments Banning Bitcoin Should It Become ‘Material’ Ray Dalio, the founder and co-Chairman of Bridgewater Associates, the world’s largest hedge fund, said he sees three main problems with bitcoin and other cryptocurrencies that will limit their future, including that governments will “outlaw” them should they […]

Continue Reading

Veteran Investor Bill Miller Says Every Major Investment Bank Will Own Bitcoin or Something Like It

November 7, 2020

Crypto Nanobot 0

Nov 7, 2020 at 16:17 UTCUpdated Nov 7, 2020 at 16:26 UTC Mutual fund legend Bill Miller told CNBC Friday that the risks of bitcoin going to zero are “lower than they’ve ever been before” and predicted more institutional investment in the cryptocurrency. “The bitcoin story is very easy, it’s supply and demand,” Miller said. […]

Continue Reading