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April 9, 2018 10:00 am
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/8ZCUrECXcSI/george-soros-rockefeller-take-their-marks-before-diving-into-the-cryptocurrency-pool
George Soros, Rockefeller Take Their Marks Before Diving Into the Cryptocurrency Pool
john of sparta shares a report from Business Insider (Warning: source may be paywalled; alternative source): Reports of a crackdown on cryptocurrency advertisements by tech giants such as Google and Facebook as well as regulatory uncertainty in Asia and the U.S. have weighed on the coin for much of March and April. The coin is down 50% since the beginning of the year. But investors appeared to be more bullish during Sunday's trade following reports that two Wall Street icons were looking to get into the market for cryptos. More notably, the investment fund founded by billionaire George Soros is preparing to dive into cryptocurrency trading, even though Soros himself previously described them as a "bubble." Adam Fisher, who oversees global macroeconomic investing for Soros Fund Management, has gained internal approval to invest in and trade cryptocurrencies, according to a Bloomberg News report. Also, Venrock -- a venture capital firm founded by descendants of famed capitalist John D. Rockefeller -- announced it was partnering with a cryptocurrency investment firm based in Brooklyn. Fortune first reported on the partnership.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/8ZCUrECXcSI/george-soros-rockefeller-take-their-marks-before-diving-into-the-cryptocurrency-pool
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