March Archives -
The global chemical weapons watchdog says the nerve agent sarin and toxic chemical chlorine were “very likely” used as weapons in two attacks in central Syria in late March 2017.
Health care companies led US indexes modestly higher on Wall Street Friday, closing out the market’s biggest weekly gain since March. The Dow Jones industrial average gained 91 points to 24,831, per the AP . The Nasdaq composite edged down 2 points to 7,402, and the S&P 500 index…
U.S. stock indexes ended mostly higher Friday as the market closed out its biggest weekly gain since March.
Drugmakers and other healthcare companies climbed after investors sized up President Trump’s latest plans to rein in drug prices and concluded that any policy changes didn’t pose immediate…
Imagine your own beloved child was lying in a hospital with a mysterious brain disease.
In a signal that California’s economic engine could be slowing after a remarkable run, the state lost 7,200 net jobs last month and increases in February were far less than originally estimated, according to data released Friday by the Employment Development Department.
The decline was the first…
In theory, hedge funds employ complex investment strategies that should allow them to achieve high returns both in bearish and bullish markets. In practice many fail due to short term thinking and over-leveraged trading. These can be especially costly and not suitable for the young and volatile cryptocurrency market as any long time bitcoin HODLer can tell you.
Barclay Cryptocurrency Traders Index
Hedge fund data specialist Barclay Hedge released its newest index, the Cryptocurrency Traders Index, showing that players in the field dropped 29.2% in March 2018. And year to date, it is down 43.1% after three consecutive monthly losses. The researchers explain that the new tool is an equal-weighted index of the monthly returns of a representative universe of 19 constituent funds that trade bitcoin and other cryptocurrencies, starting Jan 1st 2018.
Founded in 1985 and formerly known as The Barclay Group, Barclay Hedge serves institutional investors around the world in the field of hedge fund and managed futures performance measurement and portfolio management. In addition to 25 proprietary indices, it maintains 148 hedge fund indices for financial institutions in North America and Europe in its role as an independent index calculation agent.
“Based on the knowledge gained from our 32 years of experience in collecting, compiling, analyzing, and indexing performance data from alternative investment funds, we wanted to minimize statistical biases which can distort historical index returns,” said Sol Waksman, president and founder. “We chose a January 2018 start date to avoid survivorship bias, backdating and selection bias.”
Cryptocurrency Funds Struggling to Survive
The massive 2017 price rally saw an explosion in the number of crypto hedge funds, with a whopping 167 estimated to have launched during the year. However many are struggling to survive the current market as we have previously reported, with at least nine crypto hedge funds having ceased operations.
“The ability to trade Bitcoin futures on exchanges such as CME and Cboe, which are respected worldwide, provides a much-needed level of transparency, investor safety, and credibility to the price–discovery process and creates a level of institutional legitimacy that is crucial for growth in this sector. Within days of the launch of Bitcoin futures, Bitcoin rose to its all-time high of just under $ 20,000 on December 18 last year. Today’s prices are just over $ 8,000. Folks have their opinions, but no one really knows if it’s a bubble or a correction,” commented Waksman.
Would you consider investing with a cryptocurrency hedge fund in this market? Share your thoughts in the comments section below.
Images courtesy of Shutterstock.
Do you agree with us that Bitcoin is the best invention since sliced bread? Thought so. That’s why we are building this online universe revolving around anything and everything Bitcoin. We have a store. And a forum. And a casino, a pool and real-time price statistics.
The post Crypto Funds Drop 29.2% in March Reveals Hedge Fund Data Specialist appeared first on Bitcoin News.
Spending at U.S. retailers bounced back in March, but the broader trend in consumer spending shows only moderate growth despite a solid labor market and growing worker paychecks.
WSJ.com: US Business
The European Central Bank is fretting about the risk of trade wars and a stronger euro just as data suggest the eurozone’s long-awaited economic recovery is losing speed.
WSJ.com: What’s News Europe
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.
At a breakneck speed, drones have moved from expensive military technology to toys for hobbyists and now to tools for businesses. The world economy is expected to see hundreds of thousands of drones in the sky, conducting infrastructure inspection, doing precision farming, making cargo deliveries, and performing many other business tasks.
As the world economy heads towards large-scale adoption of Unmanned Aircraft System (UAS)/drones for commercial purposes, the drone industry is grappling with huge challenges. One of the biggest challenge that the drone industry is facing at present is that there is no autonomous system to manage high volume unmanned drone traffic. Conventional air traffic management practices and systems cannot be applied to manage drone traffic. Current airspace management and air traffic flow management systems don’t have the capabilities to handle the type of operations relevant to drones. In addition, the anticipated traffic density of drones is far beyond the capabilities of current air traffic management systems.
DEEP AERO, a global leader in drone technology innovation, is building DRONE-UTM, an AI-driven, autonomous, self-governing, intelligent drone/unmanned aircraft system (UAS) traffic management (UTM) platform built on the Blockchain. It is designed to enable safe low-altitude civilian flights of manned and unmanned aircraft in the shared airspace. DRONE-UTM platform will harmonize integration between UTM systems globally and enable industry, including manufacturers, service providers and end users to use drones safely and efficiently without disrupting the existing manned aviation system.
DEEP AERO’s DRONE-MP, a decentralized marketplace that will be one stop shop for all drone related products and services. This platform will be the foundation of the drone economy.
Speaking about the developments, Gurmeet Singh, CEO of DEEP AERO said, “We are heading towards a future with millions of drones being used for agricultural mapping, cargo deliveries to surveying, security management or wildlife conservation. At Deep Aero, we are currently researching prototype technologies such as airspace design, dynamic geo-fencing, congestion management, terrain avoidance, route planning, re-routing, separation management, sequencing and spacing, and contingency management. DEEP AERO’s DRONE-UTM includes universal drone registration standards, secure identification systems, tamper-proof flight data recorders, accurate and trustworthy 3D mapping data, dynamic weather information, and secure vehicle-to-vehicle communication.”
This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
The post PR: DEEP AERO’s Drone Token Pre-Sale Starts on 30 March, 2018 appeared first on Bitcoin News.
As March for Our Lives rallies advocating for gun control were held across the nation on Saturday, some cities saw dueling events staged by pro-gun activists.