‘Something Big’ Is Coming For XRP, Says Toroso Investments Portfolio Manager
Michael A. Gayed, portfolio manager at Toroso Investments and publisher of macro research service The Lead-Lag Report, has put the XRP community on alert after a series of posts teasing a major related initiative. Gayed Teases Yen-XRP Strategy Gayed, a CFA charterholder known for his bearish, risk-focused market commentary, first flagged the cryptocurrency on December […]
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Portfolio manager Dan Weiskopf has a win/win plan for a fitting marriage between tech’s biggest giant and Bitcoin, which has been endorsed by Michael Saylor. Apple should invest a portion of its massive cash reserves in Bitcoin, Toroso Investments’ portfolio manager Dan Weiskopf posted earlier today on the ETF Think Tank website.The site's lead ETF strategist’s call follows in the footsteps of MicroStrategy CEO Michael Saylor and former Goldman Sachs hedge fund manager Raoul Pal, who both predicted Apple would make a large scale investment in Bitcoin in the upcoming years.Saylor retweeted....
PRESS RELEASE. Gaming venture capital firm Yolo Investments (formerly known as Vereeni Investments) exited its investment in Estonia-based online gaming and sports betting operator Coolbet for an impressive 5.8x return. The acquisition of Coolbet by GAN Limited marks the first start-to-exit investment in Yolo’s portfolio. General Partner and Founder of Yolo Investments Tim Heath said: “This is a very significant milestone for all of us at Yolo. It makes us especially proud to have been the early investors for Coolbet, back when we started Vereeni Investments in 2017.” The....
There could now be a career-risk for a portfolio manager to not have Bitcoin in their portfolio — the CoinShares chairman talks Bitcoin sentiment on CNBC CoinShares chair and former JP Morgan commodity trader Danny Masters told CNBC that the financial landscape has changed to the point where not having exposure to Bitcoin could be a riskier move for portfolio managers than investing in it. Interviewed on Power Lunch, the head of the digital asset management firm referred to the fact that in the past it was seen as risky for asset managers working in institutions to put money into Bitcoin.....
Digital asset manager Grayscale Investments has acquired an additional $300 million in cryptocurrencies over the last 24 hours. See also: Grayscale Tells SEC Its Bitcoin Trust Rose $1.6B Over Six Months
One practice that is used by investors around the world is diversification. Diversification simply means not putting all of our eggs into one basket. Smart money managers spread the total amount of investment capital across as wide a range of investment styles and asset classes as possible. Diversifying your investment portfolio is especially important for investments that are being used for your retirement. Over the last few years a large number of people were fortunate enough to buy in when Bitcoin was priced at $35 and sell when it reached $1000. This profit can of course be used for....