The world’s largest hedge fund recently loaded up on shares of some members of the Magnificent Seven tech stocks, and halved an investment in a Chinese maker of electric vehicles. Bridgewater Associates made a big bet on Apple stock, more than doubled its stake in Nvidia shares, tripled an investment in Microsoft stock, and cut
Coinbase Global stock fell on Thursday in the face of recent gains in Bitcoin prices, which tend to lead shares of the cryptocurrency broker higher. Investors may be eyeing the prospect of tough new competition in U.S. crypto trading. CME Group , the Chicago-based trading firm, plans to launch spot Bitcoin trading amid interest from
Imagine getting paid $30 million a year for clicking a mouse a few times a day. Your job is to buy a single virtual asset for an exchange-traded product—or ETP—that is similar to but not exactly like an exchange-traded fund. Call it the Steepcoin ETP. It charges a 1.50% expense ratio. You click a mouse
The Oregon Division of Financial Regulation reached a settlement agreement in principle with a cryptocurrency asset platform for violating state securities regulations. The group of affiliated companies known as Abra – Plutus Financial Holdings Inc., Plutus Financial Inc., Plutus Lending LLC and Abra Boost LLC – offered and sold interest-bearing cryptocurrency depository products referred to