Tue, Nov 18, 2025
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Opalesque Roundup: The surge in cryptocurrency signals dawn of financial tech era: hedge fund news, week 50
Monday, December 11, 2017

In the week ending 08 December, 2017, in FinTech, deVere Group said that the surge in cryptocurrency signals the dawn of fianancial technology era, but added bitcoin is still a major gamble. CBOE Global Markets is racing to launch bitcoin futures on December 11, ahead of its rival CME. With the planned bitcoin futures, hedge funds are preparing to trade against bitcoin. Bitcoin has now surpassed the market cap of General Electric, which was once the largest company in the world, with $160bn; Michael Novogratz expressed worry that the surging bitcoin price might attract government regulation as prices went beyond $16,000 in a stunning rally that sounded the alarm bells louder. An $11m bet by Tyler and Cameron Winklevoss over four years ago has made them the world's first bitcoin billionaires.

BlueCrest Capital has raised more than $200m to launch its own Asia-focused hedge fund; Greg Coffey is eyeing to launch a new hedge fund with James Saltissi; Brevan Howard is readying two funds focused on Greece, betting on a recovery in the economy; Silverpeak Credit Partners is launching a $250m special situations credit fund; Tomofumi Oda is leaving Point72 to launch his own Japa......................

To view our full article Click here
Article link
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Global fintech investment slumps to seven-year low of $95.6bn[more]

    Laxman Pai, Opalesque Asia: Global fintech investment plummeted to $95.6 billion across 4,639 deals in 2024, marking its lowest level since 2017, as investors grappled with persistent macroeconomic challenges and geopolitical tensions, revealed a study. According to the Pulse of Fintech H2'

  2. Opalesque Exclusive: Private capital deal value climbed 19% in 2024[more]

    Bailey McCann, Opalesque New York: Private capital deal value climbed 19% in 2024, according to the latest data from the Global Private Capital Association. Growth was driven by big-ticket investments across Southeast Asia, Latin America and Central & Eastern Europe (CEE). Investor confidence

  3. Opalesque Roundup: Citco: 77% of hedge funds achieved positive returns in January 2025: hedge fund news[more]

    In the week ending February 21st, 2025, a report revealed that hedge funds enjoyed one of their best opening months this decade in January, as Equity and Multi-Strategy funds posted strong returns. Funds administered by the Citco group of companies (Citco) delivered a weighted average return of 4%,

  4. Opalesque exclusive: Permuto's new equity unbundling product to change investment model[more]

    Opalesque Geneva for New Managers: Here is a different way of owning stocks coming to you soon: the option of holding just the dividend portion of a stock, independent of its price movements. Or capturing the stock&

  5. Opalesque Exclusive: Hedge funds outperform mutual funds in managing extreme risk contagion - key insights for investors[more]

    Matthias Knab, Opalesque for New Managers: Hedge funds and mutual funds are among the most prominent vehicles for investors seeking growth and diversification. However, a critical question persists: which fund ty

Click here for More about Opalesque Tracking
- A new, unique Premium Service -
  1. RoundShield
  2. Qube
  3. QRT
  4. Torus
  5. launch
  1. mortgage fund
  2. Tudor
  3. PARDUS
  4. turkey
  5. outsource