A manager at a $6 billion quant fund gives the best intro to cryptocurrencies we’ve heard

Patrick O’Shaughnessy vividly recalls the week he was introduced to the world of cryptocurrencies. O’Shaughnessy, a manager at his family’s $ 6 billion quant asset manager of the same name, was chatting with one of his analysts over lunch at the beginning of this year about what they did over the weekend. “He told me he bought a bunch of cryptocurrencies: ether, bitcoin, and litecoin,” O’Shaughnessy told Business Insider. “And I was like, ‘What the…

"A manager at a $6 billion quant fund gives the best intro to cryptocurrencies we’ve heard"

Bitcoin donations to a $16 billion charitable fund are soaring

Bitcoin is red hot these days. The price of the cryptocurrency is up about 140% since the beginning of this year. And now it looks like bitcoin’s popularity among the charitable is also on the rise.  According to the recently released Fidelity Charitable 2017 Giving Report, donations made in bitcoin to Fidelity Charitable, a $ 16 billion donor-advised philanthropic fund, grew to about $ 9 million in the first half of 2017. That’s about $ 2…

"Bitcoin donations to a $16 billion charitable fund are soaring"

Decision on Winklevoss twins’ bitcoin fund to be announced

It’s no Facebook IPO, but the Winklevii will take it. On Friday, the Securities and Exchange Commission will hand down a long-awaited decision on whether to allow the Harvard-educated nemeses of Facebook founder Mark Zuckerberg to launch an exchange-traded fund of bitcoins. The Winklevoss Bitcoin Trust, which would make it easier for mom-and-pop investors to… bitcoins | New York Post

"Decision on Winklevoss twins’ bitcoin fund to be announced"