According to the latest report Hedge Fund Research (HFR), 2022 turned out to be a complete failure for hedge funds investing in cryptocurrencies. The corresponding HFR index at the end of the year fell by 55.1%, despite the fact that even the collapse of one of the largest crypto exchanges FTX in December led to its decline by only 5.7%. cryptonewsherald learned from industry experts and analysts what to expect the market in 2023. Year of sinking projects and high stakes Last year as a whole was very nervous, difficult and in most cases unprofitable for global markets and their
Tether’s chief technology officer says certain hedge funds recently attempted to spread panic and profit off shorting Tether (USDT). Tether CTO Paolo Ardoino says hedge funds helped spread rumors... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source…
The $4,000 level has remained elusive for Ethereum even after rallying 40%+ in the months of May and July. The fact that the altcoin has been unable to clear this level points to this being the resistance to beat if Ethereum is to continue its uptrend. It also shows that…
Blockdaemon expands institutional staking on Avalanche with enterprise-grade validators and CME futures set for May 4 launch. Blockdaemon has expanded its institutional staking services on the Avalanche network to meet growing enterprise demand. The company is providing infrastructure designed for large-scale investors and corporate workloads. According to Blockdaemon, these updates…
AI SummaryShowCFTC’s renewed probe could force stricter user‑location verification, prompting industry‑wide compliance upgrades.Potential enforcement may…