Caxton Associates has seen its flagship $9 billion macro fund lose more than $1.3 billion in March after the Iran conflict sent oil, bond and commodity markets into violent dislocations. The London-based firm, led by CEO Andrew Law, is one of at least ten major hedge funds caught on the wrong side of the Gulf
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At 10:30 a.m. Eastern time on Thursday, bitcoin traded at $69,678, consolidating near the $69,500 range after retreating from an intraday high of $71,570. Price action remains range-bound with weakening short-term momentum and persistent resistance overhead. Bitcoin Chart Outlook The daily timeframe on Thursday continues to reflect a broad consolidation range, with price holding within
Wall Street firms may embrace blockchain technology, just not in its current form. The open, distributed ledger visible to all comers runs counter to the way traditional finance works, said Don Wilson, the founder and CEO of DRW, a TradFi trading firm that’s been active in crypto for over a decade. “There is no world
Il Capo of Crypto, one of the most well-known analysts in the cryptocurrency world, discussed the future of Bitcoin’s price in his latest report. The analyst notes that the Bitcoin price is currently stuck in the $65,000 to $75,000 range, but remains optimistic about a bullish outlook. According to the analyst, a clean re-emergence of
Bitcoin BTC$68,845.75 slipped below $69,000 on Thursday as a broader pullback in risk assets gathered pace, with early optimism around Iran-U.S. peace and easing Middle East tensions fading. The largest crypto lost more than 3% from its overnight high above $71,000, while major altcoins ether (ETH), $XRP ($XRP), Solana’s $SOL ($SOL) and Cardano’s $ADA ($ADA)
Bitcoin BTC$68,953.68 is proving more resilient than traditional safe-haven assets as gold and silver come under pressure from outflows, positioning unwinds and deteriorating liquidity, according to Wall Street investment bank JPMorgan. “The deterioration in liquidity conditions in gold has seen its market breadthdecline below that of bitcoin currently,” analysts led by Nikolaos Panigirtzoglou, wrote in
The ongoing war between the US and Iran has reignited inflation concerns in the US. While inflation is still far from the Fed’s 2% target, it had seen a significant decline last year. However, the war increased the risk of inflation rising again, while expectations of a Fed interest rate cut decreased. However, a Reuters
Crypto exchange Coinbase Global has launched a mortgage structure with Better Home & Finance that lets qualified borrowers pledge digital assets held in Coinbase accounts to fund down payments on standard conforming mortgages designed in accordance with Fannie Mae guidelines. According to Coinbase, the structure enables borrowers to pledge digital assets such as Bitcoin ($BTC)