Former Point72 Manager: Cryptocurrency will be Worth Trillions

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After leaving a position at Steven Cohen’s Point72 hedge fund, Travis Kling just launched his own cryptocurrency fund. “The development and growth of this technology will be exponential” Reportedly, the new cryptocurrency hedge fund is called Ikigai and will launch October 1, 2018. As most blockchain professionals have noted, related technology is still in its … Continue reading “Former Point72 Manager: Cryptocurrency will be Worth Trillions”

Billionaire Calls Bottom in Cryptocurrencies

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Galaxy Digital CEO and billionaire, Michael Novogratz says cryptocurrency prices have bottomed. That’s music to the ears of traders that watched as Bitcoin and Ethereum crashed to earth. “I think we put in a low yesterday,” Novogratz said, as quoted by CNBC He also noted the Bloomberg Galaxy Crypto index, which measures the performance of … Continue reading “Billionaire Calls Bottom in Cryptocurrencies”

TRON (TRX) Kicks off its Launch of Twitter Payments and Buys Blockchain.org

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TRON has had a busy run lately. This week they revealed two more significant developments. These followed their launch of their testnet, and getting their tokens approved for payment processing on popular internet sites. They have also bought out Game.com and BitTorrent. One of the new announcements is that Seedit clients may now use TRON … Continue reading “TRON (TRX) Kicks off its Launch of Twitter Payments and Buys Blockchain.org”

Bitcoin Bear Market Means Buying Power or Three Strategies If You Just Can’t HODL

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A short-term bitcoin bear market yields buying power for players not fully committed to HODL (link to background section below). As the first ICO, Bitcoin sets the mood for the cryptocurrency market. As goes Bitcoin, so goes altcoins. With Bitcoin and well-known altcoins low, the exchange rate for new ICO entry gets you more bang … Continue reading “Bitcoin Bear Market Means Buying Power or Three Strategies If You Just Can’t HODL”