BlockTower Capital's main hedge fund has been compromised by fraudsters, with stolen funds still unrecovered and hackers at large.
Cryptocurrency markets are experiencing a dull phase that may persist for one to six months, with sentiment expected to be lowest just before a potential recovery, says a hedge fund manager.
Toncoin (TON) sees an 11% increase in value after receiving backing from Pantera Capital, a prominent cryptocurrency hedge fund. This boost highlights Pantera's influence and investor confidence in TON's potential within the blockchain sphere.
Stratos, a venture capital firm, achieved a 300x return on its investment in the Solana-based meme coin Dogwifhat (WIF). This sparks interest in the strategic merits of investing in such digital assets, possibly heralding a trend in hedge fund investments.
Lekker Capital, a new hedge fund, is incorporating macroeconomic analysis into its investment strategy to capitalize on the emerging relationship between the crypto market and larger economic trends.