Instead, on any economic or financial question, there are nearly always a large number of moving parts – including elements even professionals may be completely unaware of. Predicting the future depends on picking the right moving parts to focus on. For bitcoin, at least for now, inflation doesn’t seem to be the story the markets are listening to. Source link … [Read more...] about Why Is Bitcoin Dropping if It’s an ‘Inflation Hedge’?
Chicago Mercantile Exchange (CME) Group has expanded its crypto derivatives offerings by launching Micro Ether Futures. The number one and most diverse marketplace for derivatives has now launched two micro cryptocurrency products in this year alone.CME launches micro Ether futuresAccording to the global head of Equity Index and Alternative Investment Products, Tim McCourt, the … [Read more...] about Micro Ether Futures now live on CME Group to hedge price price of spot ETH
Wu Blockchain, a Chinese crypto reporter, tweeted that 97,477 ETH was transferred from the cryptocurrency exchanges FTX, Binance and Coinbase to a wallet marked by Nansen as belonging to Three Arrows Capital. Nansen, a blockchain analysis firm, confirmed the data to CoinDesk. Source link … [Read more...] about Crypto Hedge Fund Three Arrows Capital Snaps Up $400M in ETH
Ethereum's native token Ether (ETH) plunged alongside other cryptocurrencies on Dec. 4. Still, its move downside did not deter it from hitting a three-year high against Bitcoin (BTC), the world's leading crypto by market capitalization.The ETH/BTC exchange rate jumped a little over 11.50% to hit 0.0835 BTC for the first time since May 2018. The pair's price rally appeared in … [Read more...] about Ethereum acts as a ‘hedge’ in Bitcoin price crash as ETH/BTC hits 3-year high
Two Sigma, the technology-focused hedge fund based in New York, is looking to hire a Crypto Operations person to help build out the firm’s emergent cryptocurrency trading business, according to a recent job posting.The open position to Join Two Sigma Securities’ crypto trading business is based in London.“We are seeking an experienced, highly organized individual with strong … [Read more...] about Quant Hedge Fund Two Sigma Hiring Crypto Operations Manager