CHARTS

Blockchain Explained: The rise of private blockchains

What companies are using private blockchains today and why? Walmart has developed a blockchain system based on Hyperledger Fabric to trace the provenance of their products. The blockchain allows suppliers to upload certificates of authenticity to the ledger securely, bringing more trust to a system and enabling the company to …

Read More »

A hedge-fund chief overseeing $2 billion shares 5 reasons he sees bitcoin surging 900% by the end of 2021 as Paul Tudor Jones dives into the asset | Currency News | Financial and Business News

bitcoin

Reuters / Dado Ruvic Mark Yusko, the CEO and chief investment officer at Morgan Creek Capital Management, shared several reasons he thinks bitcoin’s price will hit $100,000 by the end of 2021. Yusko said it would be “perfectly logical” for bitcoin to hit $400,000 to $500,000 if its market capitalization …

Read More »

Blockchain Bites: Satoshi’s Sword of Damocles

Top ShelfYesterday, some of the earliest mined bitcoin moved after more than a decade of dormancy. Whale Alert – a popular, mostly-automated Twitter account that tracks major crypto transactions – broadcast the message across the cryptoverse, saying 40 coins mined in the first month of the network’s operation had transferred …

Read More »

Hedge funds posted their best month since the financial crisis in April amid the torrid market rebound | Currency News | Financial and Business News

Wall Street coronavirus

Spencer Platt/Getty Images Hedge funds posted their best month in more than a decade as March’s lows gave way to a resounding rally through April. Eurekahedge’s Hedge Fund Index gained 3.7% last month, its biggest jump since May 2009. A combination of Federal Reserve action, risk-on attitude, and optimism toward …

Read More »