Hedge Fund Manager Brian Kelly Says Increasing Institutional Interest in Bitc...
Hedge fund manager Brian Kelly says the surging number of institutional investors owning bitcoin is down to the digital currency’s core value proposition- a fixed coin supply. On the other hand, the same institutional investor interest is helping to build confidence in the top cryptocurrency while taking away some of the perceived risks. Bitcoin Value Proposition Kelly’s comments follow reports that the European Central Bank (ECB) wants to issue its own digital currency. Speaking in an interview, Kelly, who is the founder of BK Asset Management, dismisses the notion that a....
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Fund manager Brian Kelly says that the market is mispricing bitcoin and “when bitcoin gets that mispriced it is the sign of the bottom.” He sees a string of “all positive things” that are reflected in the pricing of the cryptocurrency. Asset Manager Brian Kelly Says Market Is Mispricing Bitcoin Brian Kelly, the founder and CEO of digital currency investment firm BKCM LLC, was asked about where he sees the price of bitcoin heading in an interview with CNBC on Tuesday. Kelly manages the BKCM Digital Asset Fund and the REX BKCM Blockchain ETF (NYSE: BKC). He authored....
CNBC ran an article earlier this week announcing that the Greek Island of Agistri will test Brian Kelly's Nautiluscoin. The tumultuous economic environment in Greece provides the opportune climate to deploy a new altcoin, Kelly argues. The CNBC article is a highlight reel for Nautiluscoin. It never mentions the serious challenges any altcoin faces, or that a rapid large scale deployment of a virtually unknown cryptocurrency is a pipe dream. That makes a lot more sense though, when you realize Brian Kelly is the article's author. What is Nautiluscoin? Nautiluscoin was first heralded in a....
The investor and writer who once proclaimed Bitcoin as nothing more than Tulipmania 2.0 is releasing a new book on Bitcoin titled"The Bitcoin Big Bang." Brian Kelly has been appearing on shows and writing articles for CNBC on Bitcoin. Granted, when he appeared on CNBC's Fast Money his excitement over Bitcoin was not motivated by the technology, or potential to shape the world. Rather, the opportunity to cash in on inexperienced, speculative investors. Kelly now calls himself a "creator of a digital currency" that has watched the industry mature from a "from a terrible toddler with a....
Billionaire hedge fund manager Paul Tudor Jones expects crypto to have a bright future as the Fed hikes interest rates to fight inflation. The famed investor emphasized, “It’s hard not to want to be long crypto.” Famed Hedge Fund Manager Paul Tudor Jones on Bitcoin, Crypto Billionaire investor and renowned hedge fund manager Paul Tudor Jones talked about bitcoin in an interview with CNBC Tuesday. Jones is the founder of asset management firm Tudor Investment Corp. “I see this generational divide and it’s a digital divide,” the billionaire said.....
No longer is bitcoin for the enthusiast, it would seem. With increasing popularity, businesses - and now financial institutions - are looking to get their hands into the pot. Case in point: A San Francisco-based hedge fund is seeking to bring aboard what they call a "Junior Bitcoin Execution Trader", according to a job posting by Glocap that was emailed to a list of subscribers. The hedge fund's (unclear just which one) "seeking a junior trader to assist with bitcoin execution, general fund operations, and reporting." We've seen interest in bitcoin from hedge funds before, but this is the....