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An asset manager nicknamed '50 Cent' made $1.1 billion on bitcoin in 5 months - and could place more crypto bets in the future
Ruffer, which made $2.6 billion hedging the pandemic, invested around $600 million in bitcoin in No…
Theron Mohamed
A famed trader known as '50 Cent' is making a big bet that the world's worst-performing currency is about to surge 'violently'
Ruffer, a UK-based fund known for winning bets made in the volatility market, is now hoping for a b…
Filip De Mott
A fund nicknamed '50 cent' made $2.6 billion hedging the coronavirus sell-off
London-based Ruffer - which manages roughly $23 billion in assets - invested $22 million in derivat…
Theron Mohamed
10 things you need to know before the opening bell
This is what traders are talking about.
Amanda Cooper
10 things before the opening bell
Jeremy Grantham says US equities resemble a bubble, Goldman Sachs wants you to hold onto high-growt…
Phil Rosen
MicroStrategy to raise another $600 million to plow into bitcoin as the cryptocurrency crosses $50,000 threshold
MicroStrategy's bet on bitcoin has made the company's CEO, Michael Saylor, a billionaire based on h…
Matthew Fox
Mastercard will allow merchants to accept select cryptocurrencies on its network later this year
The card-payments firm is also "actively engaging" with central banks around the world to possibly …
Shalini Nagarajan
Jay-Z and Jack Dorsey have partnered on a new bitcoin endowment and are now looking for board members
Twitter and Square CEO Jack Dorsey on Thursday said he has partnered with Jay-Z to start a bitcoin …
Kevin Shalvey
'It's a complete abomination': Hedge funds are applying for government bailouts to weather the coronavirus crisis
Donald Motschwiller - the boss of First New York, a hedge fund that manages $2.9 billion in assets …
Theron Mohamed
Bitcoin bull Mike Novogratz compared Dogecoin to GameStop - and warned buyers could 'lose lots of money'
"It was funny for a little bit" but now there's serious cash at risk, the Galaxy Digital chief said.
Theron Mohamed
Bitcoin jumps 7% after Elon Musk posts an image of a crypto-themed ring and makes a vague reference to dogecoin
One thing more powerful than Elon Musk's Twitter account is the financial power of the company he c…
Shalini Nagarajan
US stocks hit record highs as optimism on economic reopening accelerates
US stocks soared to record highs on Tuesday as a plunge in daily COVID-19 cases suggested that the …
Matthew Fox
Bitcoin mining equipment maker Canaan skyrockets 41% as the cryptocurrency passes $50,000 for the first time
Chinese bitcoin mining machine maker Canaan Creative skyrocketed Tuesday amid the token's surge pas…
Will Daniel
XRP jumps 15%, while bitcoin and ether trade near record highs as Tesla, BNY Mellon and Mastercard warm to cryptocurrencies
Interest in cryptocurrencies from Tesla, Mastercard and BNY Mellon is boosting XRP, bitcoin, and Et…
Harry Robertson
GameStop's top investor during the wild Reddit-fueled trading frenzy has dumped nearly all of its stake
Top GameStop investor Fidelity Investments sold nearly all of its 13% stake in the video game retai…
Will Daniel
'Dr. Doom' economist Nouriel Roubini says Elon Musk's tweets about bitcoin ahead of Tesla's investment are 'market manipulation' and that the SEC should investigate
Nouriel Roubini said the SEC should be "looking into" Elon Musk and others who "manipulate the pric…
Will Daniel
Riot Blockchain jumps 25% as bitcoin momentum continues and the company notches new mining milestone
Riot Blockchain announced it has surpassed the one exahash per second mining rate, and it expects t…
Will Daniel
Tesla's rise means that Elon Musk represents a 'key man' risk for the stock market, DataTrek says
The risk is apparent given that Tesla now makes up 2% of the S&P 500, meaning the markets could dra…
Matthew Fox
Dow closes at record highs as energy sector surges due to snowstorm
Bitcoin crossed the $50,000 level for the first time ever on Tuesday, signaling that investors cont…
Matthew Fox
Janet Yellen says 'misuse' of cryptocurrencies like bitcoin is a growing problem, as regulators increase scrutiny after surge in interest
Treasury secretary Janet Yellen said cryptocurrencies like bitcoin have been "used to launder the p…