Tags : Redemptions


Bitcoin

Scaramucci’s Agency Pauses Investor Redemptions for Fund With Bitcoin, Ethereum

Legion Methods, a hedge fund affiliated with Anthony Scaramucci’s Skybridge Capital, has halted investor redemptions, in accordance with a Bloomberg report citing individuals accustomed to the choice. The transfer reportedly comes after steep declines in shares and cryptocurrencies witnessed over the previous months, with one supply telling Bloomberg that the choice to droop redemptions was […]Read More

Litecoin

As Tether Faces Billions in Redemptions, Circle’s USDC Is Gaining

Throughout a Crypto Winter, traders are inclined to stash a portion of their bull market positive aspects in stablecoins to attend out the downturn. However over the previous two months—via Terra’s UST stablecoin collapse, panic over a possible financial institution run at crypto lending firm Celsius, and insolvency for crypto hedge fund Three Arrows Capital—that bearish […]Read More