The tumble in cryptocurrencies that erased nearly $500 billion of market value over the past month could get a lot worse, according to Goldman Sachs Group Inc.’s global head of investment research. Most digital currencies are unlikely to survive in …
January’s cryptocurrency selloff got fresh impetus on Tuesday when Bitcoin slumped as much as 25 percent, as the prospect of regulatory crackdowns appeared to spread. While the largest digital coin was down 25 percent at $10,338 as of 4:37 p.m. …
Norway’s proposal to sell off $35 billion in oil and natural gas stocks brings sudden and unparalleled heft to a once-grassroots movement to enlist investors in the fight against climate change. The Nordic nation’s $1 trillion sovereign wealth fund said …
Yuri Milners Los Altos Hills house, bought for $100m. Photograph: Google EarthMilner said that as a management company, DST Global had sole discretion over its investment decisions. He said that he, like other investment managers, did not disclose the identities …
Bitcoin blew past $9,700 just a week after topping $8,000 and approached its closest ever to five figures, gaining mainstream market attention as it defies bubble warnings. The biggest price jump since August consolidated during Japanese trading hours and vaulted …
Mike Novogratz is reinventing himself as the king of bitcoin. The swaggering macro manager who flamed out at Fortress Investment Group LLC is starting a $500 million hedge fund to invest in cryptocurrencies, initial coin offerings and related companies. Novogratz …
Just a day after President Donald Trump branded as “grandstanders” the increasing number of CEOs quitting his business council to protest his reaction to a white-supremacist rally that turned violent, the president resisted the advisory groups instead of put pressure …
In response to this CNN story, the President’s attorney, Jay Sekulow, said, “President’s outside counsel has not received any requests for documentation or advice relating to this. Any query from the special counsel that goes beyond the mandate specified in …