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Stanley Druckenmiller and Dan Loeb's Third Point back $70 million funding round for crypto asset manager Bitwise

Hedge fund titan Stanley Druckenmiller is moving further into crypto after participating in a $70 m…

Emily Graffeo   


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Investor Dan Loeb says he's been exploring cryptocurrencies to bridge the gap between traditional finance and new 'controversial ideas'

Loeb's comments were made in response to a blog post by Chris Dixon, a general partner at venture c…

Shalini Nagarajan   


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Billionaire investor Dan Loeb trumpeted his bets on Buffett-backed RH, crypto, and private companies in his Q2 letter

Loeb's Third Point fund joined Warren Buffett's Berkshire Hathaway as a RH shareholder last year, a…

Theron Mohamed   


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Investor Dan Loeb's $17 billion hedge fund Third Point holds an undisclosed amount of cryptocurrencies with Coinbase

Third Point revealed in a regulatory filing in late March that five of its funds hold crypto assets…

Shalini Nagarajan   


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Billionaire Steve Cohen's Point72 is hunting for a crypto chief after saying it would be remiss to ignore digital assets

Steve Cohen-led $22 billion hedge fund Point72 said crypto-related bets would be made via its flags…

Shalini Nagarajan   


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Meet Carlyle's $53 billion credit team - Loeb's Miami Beach mansion - Winklevii on Bitcoin future

The top finance stories for January 22, including the latest news on 14 executives on Carlyle's red…

Dan DeFrancesco   


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Hedge fund giant Third Point reportedly facing big investor outflows in 2023 amid slumping returns

Dan Loeb's firm is now looking to bet on a credit crunch after missing out on the massive tech rall…

Phil Rosen   


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1 min read

Stocks fall as Fitch's downgrade of US debt rating rattles confidence

Fitch downgraded the long-term outlook for the US from AAA to AA+ on Tuesday, pointing to "expected…

Phil Rosen   


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4 mins read

Does anyone want to stay in investment banking these days?

Everyone seems to want to make the switch to the buy side, whether it's PE, hedge funds or VC, whic…

Dan DeFrancesco   


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3 mins read

10 things before the opening bell

Sam Bankman-Fried and a global market watchdog talk crypto regulation, real estate tips for beginne…

Phil Rosen   


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2 mins read

10 things before the opening bell

Walt Disney earnings, lumber price forecasts, and updates on one of the largest crypto heists ever.

Phil Rosen   


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Billionaire investor Stanley Druckenmiller loaded up on Palantir, added bank stocks, and sold Carnival Cruise Line in the 1st quarter of 2021

Druckenmiller's Duquesne Family Office started a $139 million position in Palantir during the first…

Emily Graffeo   


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10 things before the opening bell

Stocks have steadied, Cathie Wood has sold $100 million in Tesla stock, and Bill Gates' firm acquir…

Phil Rosen