1. SEC Postpones VanEck Bitcoin ETF Decision to February 27, 2019
  2. Hyperledger Committee Confirms New Modular Cryptography Software Library for DLT Development
  3. G20 Countries Agree to Regulate Cryptocurrencies as per FATF Standards
  4. Crypto Bank CEO Found Guilty of Embezzlement of ICO Funds
  5. Amber Baldet supports the needs of enterprises and decentralized blockchain
  6. Hong Kong-based Crypto Exchange Bit-Z starts its XRP-USD Trading pair
  7. Israeli Company introduces Three Cryptocurrency Investment Funds
  8. Italian Securities Watchdog Orders Unauthorized Crypto Companies
  9. Crypto hedge funds closing up shop soon, says Morgan Creek
  10. Litecoin Looks Positive Going Forward
  11. Recent Stability of Bitcoin makes Fundstrat’s Tom Lee ‘Pleasantly Surprised’
  12. Brazilian Bitcoin Exchange wins in court verdict against Banks
  13. German Finance Regulator Considers International Regulations ‘Desirable’ for ICOs
  14. Canadian Bitcoin Exchange ‘MapleChange’ Hacked, Declares on Twitter
  15. Net Neutrality Killer Ajit Pai Eyeing Blockchain Regulations
  16. Bitfury a Huge European Crypto Mining Firm Considers Going Public
  17. Bitfinex’ Sharp Response on Phantom Tether Trading Volume Reports
  18. Taiwan to formulate ICO Regulations, according to Securities Regulator Chairman
  19. Binance’s Positive Initiative to Eliminate Money Laundering
  20. ING Bank to Introduce Open Source Privacy Improvement Add-On for Blockchains
  21. Most Popular Hacker George Hotz says Bitcoin Cash is the ‘Real Bitcoin’
  22. Bitpay to Provide Stablecoin Support for Merchant Settlement
  23. A Leading Cryptocurrency Exchange OKEx to Support Four Stablecoins at Once
  24. Blockchain Phones aren’t Far Anymore: HTC Exodus to Introduce on October 22
  25. Ex-Coinbase Executive Adam White to join ICE’s Crypto platform Bakkt as COO
  26. Crypto Hacks Caused Around $1 Billion Loss, So Far This Year
  27. XP Investimentos’ Crypto Exchange Won’t Enable Users to Deposit or Withdraw Bitcoin
  28. Roger Ver: Bitcoin.Com May Introduce Its Own Crypto Exchange
  29. CFTC Constraints Harder on Cryptocurrency Scam under Trump’s Administration
  30. Blockchain Startup to Fund British Masters Tournament
  31. Israel Securities Authority Adopts Blockchain to Improve Cybersecurity
  32. Bill Clinton Acknowledged Blockchain’s Immense Potential
  33. Siam Commercial Bank First to Experience Updated Ripplenet’s Multi-hop Payments Feature
  34. Ethereum to Rebound Strongly Towards the End of 2019: Tom Lee
  35. TD Bank to add blockchain and AI Solutions
  36. North Korea Multiplies the Crypto Usage to Refrain from US Sanctions
  37. Cryptocurrency Needs Regulation to Survive
  38. Binance Crypto Exchange Introduces Binance Info 2.0 
  39. Cryptocurrency market drops
  40. Coinbase Introduces Four New GBP Crypto Trading Pairs
  41. U.S. Federal Court Started Using Cryptocurrency For Bail Of Hacker Charged Of Breaking Computer Network
  42. Recent slump not a setback: says the Ethereum founder.
  43. Australia Based Legaler Raises $1.5 Million To Create Blockchain For The Future Of Legal Services
  44. Utility of several top cryptocurrency questionable, says a study.
  45. Sinking Bitcoin Helps Crypto Miners Profit
  46. LuneX a Crypto Based VC Fund Driven by Golden Gate Ventures in South East Asia
  47. What makes the crypto markets “weak”?
  48. The Blockchain Technology Used By West Virginia To Accommodate The Numerous Votes For The Upcoming Midterm Elections
  49. The USA’s Largest Financial Services Market Is To Incorporate The Blockchain Technology To Streamline a Variety Of Sectors
  50. A Lawsuit In China Against Cryptocurrency Exchange “Okcoin” For Declining Certain Bitcoin Cash Related Transaction
  51. Highly prestigious operator in the stock exchange sector to launch a market based on Bitcoin.
  52. Evolution of Blockchain as a Global Phenomenon – The industry has come a long way
  53. XRP Led Cryptocurrency Exchange By AlphaPoint
  54. South Carolina state authorities desist previously enforced regulations on blockchain implementation
  55. HTC and crypto currency: virtual currency in the smart phone market.
  56. Crypto currency: the strife of RBI continues.
  57. United Kingdom set to become the world leader in cryptocurrency industry
  58. Resuscitation of the crypto currency markets.
  59. Cobinhood crypto exchange announces exciting feature promoting crypto-to-fiat transaction
  60. WEX exchange and its spectacular technical goof ups.
  61. Digital currency can take over traditional currency by overcoming Finance sector obstacles
  62. Virtual Currency enters academics
  63. The newest Ripple (Pun intended).
  64. BIS chief makes the headlines by stating the negative impacts of cryptocurrency on economy
  65. India lagging in virtual currency as RBI wins the legal battle.
  66. Ibinex: So far so good.
Tuesday, December 11, 2018
  1. SEC Postpones VanEck Bitcoin ETF Decision to February 27, 2019
  2. Hyperledger Committee Confirms New Modular Cryptography Software Library for DLT Development
  3. G20 Countries Agree to Regulate Cryptocurrencies as per FATF Standards
  4. Crypto Bank CEO Found Guilty of Embezzlement of ICO Funds
  5. Amber Baldet supports the needs of enterprises and decentralized blockchain
  6. Hong Kong-based Crypto Exchange Bit-Z starts its XRP-USD Trading pair
  7. Israeli Company introduces Three Cryptocurrency Investment Funds
  8. Italian Securities Watchdog Orders Unauthorized Crypto Companies
  9. Crypto hedge funds closing up shop soon, says Morgan Creek
  10. Litecoin Looks Positive Going Forward
  11. Recent Stability of Bitcoin makes Fundstrat’s Tom Lee ‘Pleasantly Surprised’
  12. Brazilian Bitcoin Exchange wins in court verdict against Banks
  13. German Finance Regulator Considers International Regulations ‘Desirable’ for ICOs
  14. Canadian Bitcoin Exchange ‘MapleChange’ Hacked, Declares on Twitter
  15. Net Neutrality Killer Ajit Pai Eyeing Blockchain Regulations
  16. Bitfury a Huge European Crypto Mining Firm Considers Going Public
  17. Bitfinex’ Sharp Response on Phantom Tether Trading Volume Reports
  18. Taiwan to formulate ICO Regulations, according to Securities Regulator Chairman
  19. Binance’s Positive Initiative to Eliminate Money Laundering
  20. ING Bank to Introduce Open Source Privacy Improvement Add-On for Blockchains
  21. Most Popular Hacker George Hotz says Bitcoin Cash is the ‘Real Bitcoin’
  22. Bitpay to Provide Stablecoin Support for Merchant Settlement
  23. A Leading Cryptocurrency Exchange OKEx to Support Four Stablecoins at Once
  24. Blockchain Phones aren’t Far Anymore: HTC Exodus to Introduce on October 22
  25. Ex-Coinbase Executive Adam White to join ICE’s Crypto platform Bakkt as COO
  26. Crypto Hacks Caused Around $1 Billion Loss, So Far This Year
  27. XP Investimentos’ Crypto Exchange Won’t Enable Users to Deposit or Withdraw Bitcoin
  28. Roger Ver: Bitcoin.Com May Introduce Its Own Crypto Exchange
  29. CFTC Constraints Harder on Cryptocurrency Scam under Trump’s Administration
  30. Blockchain Startup to Fund British Masters Tournament
  31. Israel Securities Authority Adopts Blockchain to Improve Cybersecurity
  32. Bill Clinton Acknowledged Blockchain’s Immense Potential
  33. Siam Commercial Bank First to Experience Updated Ripplenet’s Multi-hop Payments Feature
  34. Ethereum to Rebound Strongly Towards the End of 2019: Tom Lee
  35. TD Bank to add blockchain and AI Solutions
  36. North Korea Multiplies the Crypto Usage to Refrain from US Sanctions
  37. Cryptocurrency Needs Regulation to Survive
  38. Binance Crypto Exchange Introduces Binance Info 2.0 
  39. Cryptocurrency market drops
  40. Coinbase Introduces Four New GBP Crypto Trading Pairs
  41. U.S. Federal Court Started Using Cryptocurrency For Bail Of Hacker Charged Of Breaking Computer Network
  42. Recent slump not a setback: says the Ethereum founder.
  43. Australia Based Legaler Raises $1.5 Million To Create Blockchain For The Future Of Legal Services
  44. Utility of several top cryptocurrency questionable, says a study.
  45. Sinking Bitcoin Helps Crypto Miners Profit
  46. LuneX a Crypto Based VC Fund Driven by Golden Gate Ventures in South East Asia
  47. What makes the crypto markets “weak”?
  48. The Blockchain Technology Used By West Virginia To Accommodate The Numerous Votes For The Upcoming Midterm Elections
  49. The USA’s Largest Financial Services Market Is To Incorporate The Blockchain Technology To Streamline a Variety Of Sectors
  50. A Lawsuit In China Against Cryptocurrency Exchange “Okcoin” For Declining Certain Bitcoin Cash Related Transaction
  51. Highly prestigious operator in the stock exchange sector to launch a market based on Bitcoin.
  52. Evolution of Blockchain as a Global Phenomenon – The industry has come a long way
  53. XRP Led Cryptocurrency Exchange By AlphaPoint
  54. South Carolina state authorities desist previously enforced regulations on blockchain implementation
  55. HTC and crypto currency: virtual currency in the smart phone market.
  56. Crypto currency: the strife of RBI continues.
  57. United Kingdom set to become the world leader in cryptocurrency industry
  58. Resuscitation of the crypto currency markets.
  59. Cobinhood crypto exchange announces exciting feature promoting crypto-to-fiat transaction
  60. WEX exchange and its spectacular technical goof ups.
  61. Digital currency can take over traditional currency by overcoming Finance sector obstacles
  62. Virtual Currency enters academics
  63. The newest Ripple (Pun intended).
  64. BIS chief makes the headlines by stating the negative impacts of cryptocurrency on economy
  65. India lagging in virtual currency as RBI wins the legal battle.
  66. Ibinex: So far so good.
Crypto hedge funds closing up shop soon, says Morgan Creek

The complexities of 2018 crypto bear market markedly displayed significant marks of additional distress. As per the prominent cryptocurrency number and the founder Anthony Pompliano of Morgan Creek Digital, significant cost drawdowns in 2018 might be the reason for the cryptocurrency hedge funds shutting up the shop soon.

AS per the report published in CCN at present the Bitcoin decreasing down to $5,000 in value, the lowermost worth is taking place in 2018. Altcoins have also agonized meaningfully in 2018, giving a high fraction of losses. Pomp, which is also called as Pompliano have further stated that how such affected value decreases together disturb cryptocurrency industries. Pomp precisely said that cryptocurrency hedge funds as well as greater watermark problems. Put merely; account executives obtain an assignment grounded on their presentation, in connection to connected cryptocurrency asset values for every speculation period. Previous investment period finished in December 2017, closing a very profitable year for crypto assets in one piece.

Though in 2018 is a much different level, Pomp further stated that the firm had seen a reduction of 90 percent in net asset values in some funds since then. The reason being these fund executives will not obtain a presentation fee in 2018, which radically decreases the income of the single manager”.

In regards to the amount, receiving these director’s next directives will also be problematic. They will require a lot of fund’s net asset value from current charges. Pomp explains a lot of fund managers might just shut shop and reoccur with the investor amounts of money. They might then wait for a more extended period or perhaps a year to build a new account with different restrictions.

ICOs at present is going through a considerably additional inspection from controllers. Earlier ICOs use to face penalties, as well as necessities to repay depositor funds at unique ICO expense, in original USD value. Pomp also mentions ICOs, referencing their enthusiastic backing achievements over the past year or so.

Pomp further stated that the firm had seen a reduction of 90 percent in net asset values in some funds since then. The reason being these fund executives will not obtain a presentation fee in 2018, which radically decreases the income of the single manager”.

At the moment of writing, the total market capitalization is $209 billion dollars and several virtual currencies are down more than 90%. Other cryptocurrency hedge funds will likely shut down since they know that they will be working just for their salary without incentive fees. Pomp precisely said that cryptocurrency hedge funds as well as greater watermark problems

There are some crypto hedge funds that are currently raising funds because this money will not be subject to the high water mark from the last year. In a bear market like this one, these hedge funds would need the market to be four times higher than where it is now. In 2019, we don’t know what can happen to the crypto market. In the future with new investments from institutions, the market could recover and reach new all-time highs.

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Name Price24H (%)
Bitcoin (BTC)
$3,414.88
-3.92%
Ethereum (ETH)
$88.91
-4.19%
Bitcoin Cash (BCH)
$98.85
-7.52%
XRP (XRP)
$0.300515
-1.79%
Litecoin (LTC)
$23.85
-5.13%
Bitcoin Gold (BTG)
$11.72
-3.88%
Bytecoin (BCN)
$0.000583
-6.27%
Bitcoin Diamond (BCD)
$0.70
-3.95%
Cardano (ADA)
$0.029282
-5.34%
Wanchain (WAN)
$0.315052
-8.17%
Bitcoin Private (BTCP)
$2.03
7.31%