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Bitcoin with price chart
Earlier in the day, Bitcoin fell below crucial support, raising fears that this move could trigger further downside and also tarnish the bullish momentum noticed by BTC in the past week or so.Notably, at the time of publishing this article, the price of BTC rose by 1.7% to $8,506.95...
Stock market rising and falling
The $3 trillion hedge fund market posted its best performance in a decade as reports showed that Billionaire money managers Chris Hohn and Stephen Mandel led hedge fund made incredible gains amidst surging markets.As per the estimate made by a fund of hedge funds, LCH Investments, after fees the...
Stanley Druckenmiller at a press conference
Earlier in the day, well-renowed Hedge fund manager Stanley Druckenmiller said that he shares similar bullish sentiments on the markets as fellow billionaire David Tepper. The exact words said by the billionaire hedge fund manager were, “I (Stanley Druckenmiller) too am still riding the horse.”In an email sent to...
Energy hedge Fund Westbeck Capital Management bullish on Canada market
The beaten-down Canadian oil sector is the latest target for oil hedge funds following the success in shorting U.S. shale companies back in the previous year.As per sources closely following the matter, following a 40% percent gain back in the previous week, Energy Hedge Fund, Westbeck Capital Management is...
Oil Hedge fund set to cost Mexico roughly $1.23 billion
Earlier in the week, the Finance Minister of Mexico, Arturo Herrera announced that the largest oil hedge in the world cost the country nearly $1 billion for 2020.Herrera also further revealed that the official cost of the oil hedge will be revealed on Thursday of this upcoming week. As per...