Monthly Archives: February 2021
Kraken cuts minimum withdrawal amounts, fees on ‘significant’ move in bitcoin, ETH prices
(Reuters) Cryptocurrency exchange Kraken said bit.ly/3dfwQu1 on Monday that due to the significant move in bitcoin and ethereum prices, it has reduced its minimum withdrawal amounts and withdrawal fees. To read this article:
Bumble’s CEO built a multibillion-dollar business – here’s her advice for starting a side hustle: ‘You can monetize anything
(CNBC) According to Whitney Wolfe Herd, founder and CEO of Bumble, anyone can successfully start a side hustle and turn it into a thriving business. “You can monetize anything,” Wolfe Herd, who built Bumble into a business now worth over $7 […]
Stimulus prospects could boost the stock market and interest rates in the week ahead
(CNBC) The prospects of a big government spending program could continue to boost the stock market and put upward pressure on interest rates in the week ahead. Earnings season is beginning to wind down, but some big names have yet […]
The GameStop mania might be over, but retail investors look here to stay
(CNBC) The GameStop bubble has come and gone but the rookie investors who speak emoji and Reddit may be here to stay with big implications for brokerage firms, as well as traditional investors who must pay closer attention to where […]
SPACs used to be a joke in Silicon Valley — now they’re going mainstream
(CNBC) Roger Lee of Battery Ventures says that “SPAC” used to be a “bad four-letter word” in Silicon Valley. Now, the board of every high-profile start-up is discussing special purpose acquisition companies as a legitimate way to go public, according […]
SEC Charges California Company and Its CEO with Misleading Investors About Covid-19 Blood Test and Financial Reports
(HedgeCo.Net) The Securities and Exchange Commission has charged Arrayit Corporation, a Sunnyvale, California company, with making false and misleading statements about the development of a COVID-19 test, and with failing to file required financial reports. The SEC also charged Arrayit’s […]
Ex-JP Morgan strategist unveils machine-learning US equity hedge fund on Falcon platform
(Hedgeweek) Falcon Investment Management and ex-JP Morgan strategist Arman Salavitabar are launching a US equity-focused long/short hedge fund on the London-based firm’s multi-manager investment platform. To read this article:
Cryptocurrency hedge funds’ stratospheric rise continues, as more managers join bitcoin stampede
(hedgeweek) Hedge funds are continuing to profit from the ongoing surge in cryptocurrencies, as more managers pour money into digital assets’ record rise this year. To read this article:
SS&C GlobeOp Hedge Fund Performance Index at -0.33 per cent in January
(Hedgeweek) The gross return of the SS&C GlobeOp Hedge Fund Performance Index for January 2021 measured -0.33 per cent. To read this article:
Canadian regulator clears launch of world’s first bitcoin ETF – investment manager
(Reuters) – Canada’s main securities regulator has cleared the launch of the world’s first bitcoin exchange traded fund, providing investors greater access to the cryptocurrency that has sparked an explosion in trading interest. The Ontario Securities Commission has approved the […]
Bank of America CEO Moynihan’s pay falls more than 7% in 2020
(Reuters) – Bank of America Corp Chief Executive Officer Brian Moynihan’s annual pay fell by about $2 million, or 7.5%, in 2020, a regulatory filing showed on Friday. Moynihan will receive $24.5 million for his work during the year, compared […]
YouTube Streamer To Testify On GameStop Alongside Top Hedge Fund Managers
(Reuters) The YouTube streamer known as Roaring Kitty, who helped drive a surge of interest in GameStop Corp, will testify before a U.S. House panel on Thursday alongside top hedge fund managers. To read this article: