Monthly Archives: September 2023

(Hedgeweek) Digital asset investment products saw outflows totalling $59m last week, taking the current run of outflows to a total of $294m, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares. To read this article:

(CNBC) U.S. stock futures were little changed Tuesday night as investors looked toward the release of the consumer price index for more insights on inflation. Futures tied to the Dow Jones Industrial Average inched lower by 6 points, or 0.02%. […]

(CNBC) The co-founder of the fraudulent OneCoin cryptocurrency, a massive pyramid scheme that amassed more than $4 billion from millions of investors worldwide, was sentenced Tuesday to 20 years in prison. Karl Greenwood, 46, who orchestrated the multibillion-dollar multilevel marketing […]

(CNBC)U.S.-based cryptocurrency company Ripple says it’s planning to fight the ongoing lawsuit with the U.S. Securities and Exchange Commission “all the way through. The lawsuit between Ripple and the SEC has stretched for nearly three years. In 2020, the SEC accused […]

(CNBC) The price of bitcoin bounced Tuesday, reversing losses from the previous day that were driven by fears around FTX liquidations. Bitcoin was last higher by 4.5% at $26,185.72, according to Coin Metrics. On Monday, bitcoin dipped below the key […]

(Hedgeweek) Hedge funds are on course to be outright bullish on the dollar by the end of the month having already cut their short positions on the greenback to the lowest level seen in three months, according to a report […]

(HedgeCo.Net) The Securities and Exchange Commission has filed charges against nine registered investment advisers for advertising hypothetical performance to the general public on their websites without adopting and/or implementing policies and procedures required by the Marketing Rule. All nine firms […]

(CNBC) Stock futures ticked down Monday night as investors come off a positive day. Futures tied to the Dow Jones Industrial Average lost 30 points, dropping nearly 0.1%. S&P 500 and Nasdaq 100 futures both inched down 0.1%. Oracle slid […]

(Hedgeweek)A further 15.7% decline in August has left Said Haidar’s Jupiter macro hedge fund nursing a 48% loss for the year so far, and extended the fund’s worst ever period of trading since it debuted over 20 years ago, according […]

(CNBC) JPMorgan Chase CEO Jamie Dimon says the U.S. economy is doing well, but it would be a “huge mistake” to believe that it will last for years. Healthy consumer balance sheets and rising wages are supporting the economy for […]

(CNBC) The cryptocurrency market fell to start the week as traders turned their focus to new inflation data and digested the latest in the SEC’s legal battle with Ripple. Bitcoin fell more than 2.8% to trade at $25,004.45, according to […]