Hedge Fund News From HedgeCo.Net

(CNBC) Thursday afternoon, the flagship cryptocurrency pulled back from the milestone. It was recently higher by 0.28% at $99,140.00, according to Coin Metrics, trading at the lows of Thursday’s trading following some profit taking by investors. The move came after […]

(CNBC) U.S. stock futures were relatively unchanged on Wednesday night following a record day for stocks. Futures tied to the Dow Jones Industrial Average fell 18 points, or 0.04%. On the other hand, S&P 500 futures slid 0.08%, and Nasdaq-100 futures moved 0.1% lower. To […]

(Hedgeweek) Digital asset investment products saw inflows totalling $270m last week, taking total inflows so far this year to a new record of $37.3bn, according to the latest Digital Asset Fund Flows Weekly Report from CoinShares. To read this article:

(CNBC) The price of bitcoin soared past the long-awaited $100,000 benchmark for the first time ever late Wednesday evening. The flagship cryptocurrency was last higher by more than 4% at $103,544.00, according to Coin Metrics. Earlier, it rose as high as $103,844.05. […]

(Hedgeweek) Millennium Management, one of the world’s largest multi-strategy hedge fund firms, is investing nearly $3.3bn in two newly formed trading teams as part of its aggressive push to expand its portfolio of internal and external talent, according to a […]

(CNBC) Amazon founder Jeff Bezos spoke optimistically of President-elect Donald Trump on Wednesday at The New York Times’ DealBook Summit, saying he expects a more friendly regulatory environment in the upcoming administration. “I’m actually very optimistic this time around,” Bezos said on stage. “He seems […]

(CNBC) Johanna Garcia, 41, of Broward County, received the maximum possible sentence for one count of conspiracy to commit wire fraud and mail fraud. Twenty-eight other counts from her indictment were dismissed, according to court filings in U.S. District Court for the […]

(CNBC) Federal Reserve Chair Jerome Powell said Wednesday he isn’t worried President-elect Donald Trump will try to politicize the central bank once he takes office in January. The question of Fed independence has come up over the past several months, amid reports that Trump […]

(CNBC) Salesforce shares were up 9% on Tuesday after the company’s fiscal third-quarter earnings report showed revenue and fiscal fourth-quarter guidance that exceeded analysts’ expectations.The company’s revenue grew 8% year over year during the fiscal third quarter, which ended Oct. 31. […]

(CNBC) News of Donald Trump Jr. joining the board of PSQ Holdings sent shares of the owner of the online marketplace PublicSquare skyrocketing on Tuesday. The stock surged 270.4% to $7.63 after the company announced that the eldest son of President-elect Donald Trump is joining PSQ’s […]

(Hedgeweek) As global markets face volatility driven by elections, central-bank policy shifts, and geopolitical tensions, hedge funds are increasingly investing in binary options — a high-risk, all-or-nothing strategy offering pre-determined payouts for accurate bets, according to a report by Bloomberg. […]

(Hedgeweek)Several large hedge fund firms, including Balyasny Asset Management and Schonfeld Strategic Advisors, capitalised on the market turbulence triggered by Donald Trump’s re-election last month, positioning the industry for its best annual performance in four years, according to a report […]