Mike Belshe, CEO of cryptocurrency exchange BitGo, has suggested that all signs point to a favorable outcome for a spot Bitcoin (BTC) exchange traded fund (ETF). However, he stressed that the journey ahead will not be without challenges. In an interview with Bloomberg on November 16, Belshe explained that based on discussions between companies seeking … [Read more…]
NEW YORK, Nov 14 (Portal) – Hedge fund manager Michael Burry, whose bets against the U.S. housing market before the 2008 financial crisis were documented in the film “The Big Short,” built a bearish options position on semiconductors in the third quarter. while some other investors also reduced their exposure to the sector, according to … [Read more…]
Barry Silbert has resigned as chairman of Grayscale Investments, the company announced Tuesday in a filing with the Securities and Exchange Commission (SEC). Silbert, the CEO of Grayscale’s parent company Digital Currency Group (DCG), had not publicly commented on his resignation at the time of writing. Another Grayscale board member, Mark Murphy, also resigned from … [Read more…]