Nickel Arbitrage Fund Raises $50M To Profit On Crypto Volatility Using An Automated Trading System

2019-9-10 23:58

Nickel Asset Management, a licensed fund from the United Kingdom, has recently been able to raise $50 million USD in order to create a fund that will be focused on profiting from the volatility of the crypto market.

The company, which opened up shop two months ago, has already closed the door to new investors […].

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BoE: Cryptocurrencies Pose ‘Reputational Risks’

The Bank of England has reportedly cautioned City bosses away from implementing cryptocurrencies into their business plans — citing all the usual reasons one has probably come to expect. ‘Reputational Risks’ “In their short history, crypto-assets have exhibited high price volatility and relative illiquidity,” wrote Bank of England Deputy Governor Sam Woods in a letter to the chief executives of banks, insurers, and fund managers — as reported by The Telegraph, adding: Crypto-assets also raise concerns Read More The post BoE: Cryptocurrencies Pose ‘Reputational Risks’ appeared first on Bitcoinist.com.

2018-6-29 05:00


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