Galaxy’s Mike Novogratz Says Two-Thirds of Crypto Hedge Funds Will Fail
“There are literally 1,900 crypto hedge funds. My guess is two-thirds will go out of business.” - Galaxy’s Mike Novogratz.
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Bitcoin Miners Are Selling Tokens as Prices Linger Near Lows
Bitcoin miners are beginning to sell tokens they’ve hoarded to cover burgeoning costs with the prospects for industry growth slowing.
Winklevoss Twins’ Gemini Sued by CFTC Over Bitcoin Futures
Winklevoss twins’ Gemini Trust Co. is being sued by the Commodity Futures Trading Commission for allegedly misleading the derivatives regulator.
Why Bank of America Won't be Rushing into Crypto Anytime Soon
The crypto faithful shouldn't expect Bank of America to make a major push into the sector anytime soon.
Winklevoss Twins Have Fortunes Riding on Crypto Startup Comeback
The family office of billionaires Cameron and Tyler Winklevoss will serve as test case for staying power of crypto startups after TerraUSD’s collapse.
Crypto Bleed Won’t Ruin U.S. Economy: Goldman Sachs
Goldman Sachs economists have said that the recent crypto decline is small relative to household net worth.
Crypto Sell-Off: ‘We’re Finding Out Who’s Wearing Clothes,’ Strategist Says
Crypto assets slightly recovered on Tuesday, though doing little to reverse the damage of a turbulent first half of the month for crypto investors.
