This Hedge Fund Manager Backs Bitcoin & Ethereum Prices to Keep Rising, with BTC20 Also Turning Heads (CryptoPotato)
Cryptocurrencies are showing remarkable resilience amidst a turbulent economic environment, evidenced by their decoupling from traditional asset classes. Dan Morehead, CEO of Pantera Capital, predicts this dynamic will allow major cryptos like Bitcoin and Ethereum to continue rallying over the medium term. Although these two cryptos remain the most talked-about in the space, investors are also paying attention to BTC20 – an innovative new token that combines elements of both Bitcoin and Ethereum and has just launched an eagerly-anticipated presale phase.
Ex-Citadel Duo Debut $1.85 Billion Hedge Fund (Bloomberg)
Former Citadel traders Jonas Diedrich and Dave Sutton have exceeded the capital raise target for their hedge fund, making it the biggest startup of the year. Katherine Burton has more on “Bloomberg Markets: The Close.” (Source: Bloomberg)
South Korea Challenges Hedge Fund’s Treaty Award (GlobalArbitrationReview)
South Korea has applied to set aside an investment treaty award that requires it to pay US$108 million to New York hedge fund Elliott Associates for intervening in an US$8 billion merger, as the award becomes publicly available.
Hedge Fund Management Tool Market Outlook (2023-2029)| Fund Count, Backstop Solutions, Meta Trader 5, Dynamo (Hometown-Pages.com)
MarketQuest.biz has published the obtainability of a new report to its repository titled as, Global Hedge Fund Management Tool Market. The report offers an in-depth evaluation of all happenings in the market. This report is crafted to assist every participant, including an amateur or a well-established player. The comprehensive report provides useful insights into market growth, revenue, and market trends, in order to enable readers to determine market scope more proficiently. The report also presents forecasts for market investments from 2023 till 2032. The market assists key competitors to understand the market and make strategic actions to propel their businesses. It also includes a number of key players that are involved in making planned moves to maintain their company positions within the global Hedge Fund Management Tool market. Furthermore, the report sheds light on recent developments and platforms.
Over $2M Bet On Calavo Growers? Check Out These 3 Stocks Insiders Are Buying (Benzinga)
Calavo Growers: The Trade: Calavo Growers, Inc. (CVGW) CEO Lecil E Cole acquired a total of 75,000 shares an average price of $30.34. To acquire these shares, it cost around $2.28 million. Ault Alliance: The Trade: Ault Alliance, Inc. (AULT) Executive Chairman Milton C. Ault III acquired a total of 9,510 shares at an average price of $15.49. To acquire these shares, it cost around $147,345.
Insider-Trading Horror Stories: The Covid-19 Files (Forbes)
The tentacles of the Covid-19 pandemic left no corner of American life untouched. Now they have even entered the annals of insider trading. Recent insider-trading charges brought by the Securities and Exchange Commission (SEC) and federal criminal prosecutors offer jolting lessons for all employees and executives who learn confidential corporate information and may then be tempted to trade the company’s stock. (Long story short, don’t.)
