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☆ How SkyBridge founder Anthony Scaramucci is navigating the world between traditional and digital assets — plus his favorite coins and hedge funds for the tough market environment
▼ + stars: | 2022-09-21 | by ( Laila Maidan | Alyson Velati | ) www.businessinsider.com time to read: +7 min

A survey conducted by the Alternative Investment Management Association (AIMA), showed that about one-third of traditional hedge funds are investing in digital assets. Approximately one-third of the panel discussions revolved around digital assets, according to SkyBridge Capital's Anthony Scaramucci. And while some funds may still be grappling with the question of how much exposure they should allocate to digital assets, Scaramucci is pedaling forward. Long term, he believes in the appreciation of digital assets, and he's willing to pay the price of absorbing the volatility in the meantime. The pivot to digital assetsSkyBridge has pivoted heavily into crypto and blockchain technology from its traditional hedge fund of funds business.

☆ The COO of the famed black swan fund that reportedly banked a 4,144% return during the 2020 stock market crash shares the 3 requirements that would put crypto on their radar — and why they haven't ent
▼ + stars: | 2022-09-18 | by ( Laila Maidan | ) www.businessinsider.com time to read: +4 min

But the crypto-heavy conference meant one hedge fund wasn't in attendance. Universa Investments, a black swan fund that specializes in purchasing protection against major market crashes, skipped out this year. The Miami-based hedge fund, which has $15.5 billion in assets under management, made headlines in the past after its flagship Black Swan Protection Protocol fund reportedly returned 4,144% amid the stock market crash of 2020. Many crypto investors may perceive these digital assets, bitcoin specifically, as a hedge against the devaluation of currencies. You need to have a clear thesis for why you're picking crypto assets over a tech stock, like Microsoft for example, he said.

☆ How crypto billionaire Sam Bankman-Fried survived the market wreckage and still expanded his empire
▼ + stars: | 2022-09-16 | by ( Kate Rooney | ) www.cnbc.com time to read: +11 min

FTX also extended $500 million to struggling Voyager Digital, which later declared bankruptcy, and was in discussions to acquire South Korean crypto exchange Bithumb. While Bankman-Fried's cryptocurrency exchange FTX is suffering from the downturn in digital assets, he said market share growth helped offset the pain. FTX Trading Ltd. is headquartered in Antigua, with FTX Derivatives Markets based in the Bahamas, where Bankman-Fried lives. FTX Trading has acquired companies in Switzerland, Australia, Cyprus, Germany, Gibraltar, Singapore, Turkey and the United Arab Emirates, among other countries. watch nowLike Buffett, Bankman-Fried signed the Giving Pledge: a promise by the world's wealthiest individuals to donate the majority of their wealth to charity.

☆ Bitcoin a depășit 28.000 de dolari și nu dă semne de încetinire
▼ + stars: | 2020-12-28 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Moneda virtuală Bitcoin a depășit valoarea de 28.000 de dolari pentru o unitate și nu dă semne de încetinire, scrie CNN. Bitcoin a depășit valoarea de 20.000 de dolari în urmă cu 11 zile, iar acum se apropie deja de 30.000 de dolari. Valoarea de piață a monedei Bitcoin a depășit astfel 500 de miliarde de dolari, criptomoneda fiind mai valoroasă decât procesatorii de plăți Visa sau Mastercard. Astfel, Bitcoin a devenit o monedă atractivă. Există un număr limitat de Bitcoin pe planetă și investitorii cred că odată ce acesta este atins valoarea criptomonedei nu poate decât să crească.

Persons: Bitcoin, Anthony Scaramucci, Scaramucci Organizations: CNN, Capital, CNN Business Locations: american

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