Crypto market correlation and Valkyrie’s Avalanche fund launch also helped push AVAX to a weekly high.
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ETH price hits $3K as major crypto fund adds over $110M Ethereum to Lido’s staking pool
Later, the hedge fund manager reportedly purchased more than $22.50 million worth of ETH tokens from FTX and Deribit.
Read moreHedge Fund Holdings Fail To Prop Up Bitcoin Price
Bitcoin’s price is at risk of going down because investors are funding short positions in Bitcoin by borrowing digital money from exchanges. Datamish shows that
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What BTC price slump? Bitcoin outperforms stocks and gold for 3rd year in a row
But concerns remain that the cryptocurrency could fall harder than its traditional rivals in 2022 on the U.S. Federal Reserve’s increasingly hawkish tones.
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Billionaire Ken Griffin slams crypto as ‘jihadist call’ against the greenback
Hedge fund manager Ken Griffin signaled out crypto as a threat to the US dollar, and stated that “I wish all this passion and energy
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Hedge Fund Brevan Howard Expands Crypto Business — Expert Hired to Lead New Digital Asset Unit
Brevan Howard, a European hedge fund management company, has said it will be expanding its crypto business. BH Digital, which is the hedge fund’s recently
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