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US SEC Allows $10B Hedge Fund to Offer Access to CME Bitcoin Futures

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A secretive but reportedly extremely profitable hedge fund now has the inexperienced mild to spend money on Bitcoin (BTC) futures markets. 

In a brochure initially dated March 30, the US regulator the Securities and Alternate Fee (SEC) confirmed that Renaissance Applied sciences’ Medallion Funds now have entry to the burgeoning Bitcoin futures scene.

Medallion Funds will get BTC futures go-ahead

In accordance to the literature, Renaissance will provide entry to cash-settled contracts from CME Group, one of many two oldest-running Bitcoin futures suppliers.

“The Medallion Funds are permitted to enter into bitcoin futures transactions, which Renaissance will restrict to cash-settled futures contracts traded on the CME,” it states.

Renaissance’s $10 billion hedge fund just lately gained notoriety within the press, having gained 24% 12 months to date regardless of the tumultuous volatility plaguing conventional markets over coronavirus.

In accordance to traders talking to the Wall Avenue Journal on Friday, the month of March, which even noticed Bitcoin plunge 60% in simply in the future, nonetheless managed to ship 9.9% returns for the fund.

Futures resurgence continues

On the identical time, Bitcoin futures have been witnessing a return to kind after struggling lowered participation in earlier weeks. 

In accordance to the most up-to-date knowledge from CME, its merchandise reached all-time highs when it comes to distinctive accounts final month, a mixed annual progress price of 161%.

CME Bitcoin futures accounts

CME Bitcoin futures accounts. Supply: Hunter Horsley/ Twitter

Nonetheless, reactions to the Medallion Funds announcement underscored continued mistrust of institutional traders amongst Bitcoin supporters. As Cointelegraph reported, suspicions final 12 months targeted on futures contract settlements artificially pressuring the Bitcoin value. 

Others, comparable to stock-to-flow creator PlanB, have publicly refuted the concept futures are answerable for value manipulation.

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Kumkum Bhagya 14th August 2020 Written Episode Written Update

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Pragya asks Sanju to leave Prachi. He almost says how he can hurt her, he is… Then he changes his words and asks Pragya to give him the money. Prachi says it’s her office money. Sanju’s men take money and leave. Prachi is panicked thinking what she will say in office. Pragya says they will do something. Prachi says she can take anything, but not false accusation. Her sir trusted her and gave money.

Vikram comes to Aliya and Riya and ask why they didn’t come to the party. Aliya says her hand got burned and Riya stayed with her to take care of her. Riya excitedly asks Vikram if he talked to Prachi. Aliya interferes and says she was calling. Vikram checks his phone and sees a miss call. He calls her back, but she doesn’t answer. After Vikram leaves, Aliya tells Riya to keep this as a surprise. Tomorrow in press conference, she will bring out this topic and everything will come out.

Pragya and Prachi are at police station. They say 3 men came and they were on bike. An officer says he will contact them if there is any news. Prachi asks how long will it take. The officer says they will try their best. Prachi thinks of informing this to Vikram, but they don’t have their phones. Pragya says call after reaching hom.

Ranbir is waiting for Prachi’s call, but he gets Aryan’s call. He tells Aryan how Prachi got upset with him. He wonders why Prachi doesn’t get impressed by him despite him having everything. Aryan suggests him to increase his intensity. Ranbir says he will call her and ask whether she got calm now. She will be fine after his call. He wants Prachi to always think good about him and whenever she thinks about him, smile appears on her face.

Prachi is calling Vikram, but he is not picking up the call. Shasha says it’s late and asks her to sleep. She tells her not to be tensed and tell him everything tomorrow when she goes to press conference. Prachi wonders how night will pass. Other side, Riya is excited about press conference. Everyone will ask Prachi about money and she won’t have any answer to give. She tried to win Ranbit, now she will need to pay price for it. Prachi wonders how thieves found out about the money. She came directly to home after picking up the money. Riya says she will never find out answers to her questions.

It’s morning. Everyone gathers for press conference. Abhi tells Ranbir that he has written a song and Ranbir has to sing it. Ranbir asks him not to joke. Abhi says he’s serious. Ranbir sings from heart and he loves that about him. No one can stop people from succeeding who sing from heart. Aliya asks Vikram about cash money that Sharma gave… she needs to pay to one vendor. Vikram says cash? Aliya says yes, Sharma gave to Prachi. Prachi didn’t give him that money yet? Prachi arrives. Abhi asks why she’s crying. Ranbir rushes to him and asks if she’s alright. Prachi says money that Sharma gave got stolen. Everyone is shocked. Aliya asks how? Prachi says 3 goons came at her home and took the money. Abhi says it’s cool, no need to cry. Riya sees some mark on Prachi’s hand and thinks Sanju hurt her physically. She asks Prachi if Pragya is alright. Prachi says yes. Pallavi says at least that’s good. Prachi tells Vikram that she tried to call him too. Vikram says he was in party and couldn’t see the call. She tells him to check his phone. He says it’s alright. Aliya interrupts and asks what’s alright? She thought they would behave like this and they are exactly behaving like that. She says Prachi is lying, she got bad intentions seeing the money and stole it. Abhi gets angry at Aliya.

Other side, Pragya is tensed thinking whether Vikram will believe her or no. Sarita says everything will be alright. 10 lakh is not big amount for Vikram, so he won’t stretch the matter. Also Prachi has done a lot for that house, for Ranbir. She has a good relation with that house. Pragya says but this is about money and money can spoil any relation. She has experienced it.

Abhi asks Aliya what she is saying. Aliya says police have sealed area where Prachi leaves. Then how did thieves manage to run away? For them 10 lakh is nothing, but for Prachi, it’s a lot of money. Aliya continues accusing Prachi. Now Ranbir speaks in Prachi’s favor, but she shuts him up too. Prachi says she has filed police complaint too. Aliya praises her and says she even filed complaint to prove her story is real. Abhi again takes Prachi’s side. Aliya says she will prove that it’s Prachi who stole the money. She asks Prachi whether anyone saw or followed after she took money from Sharma. Prachi says no one saw, she didn’t tell anyone. In fact beside her family, no one knew about it. Aliya says exactly that’s the point. Only her family knew about money. She then asks whether thieves stole any of their jewelries and stuff. Prachi nods no saying they don’t have any such things in their home. Aliya proves her point further saying thieves always confirm there is money or jewelries in homes they go to steal. Why would thieves go to her house when there is nothing? She further tells Prachi that they treated her as a family member and she did this? Shame on her. Press was standing behind and they heard / recorded everything.

Aliya apologizes to them for not noticing them and says there’s a problem, Prachi stole company’s money. Ranbir asks Aliya not to involve press in this. Pallavi takes Aliya’s side. She says she likes Prachi as well, but Aliya’s point is right. Prachi says she is not like that, she can’t even think like this. Aliya says it’s not her fault, they learn everything from their parents only. She is sure she learned to act like this from her mother. Prachi says please, her mother can’t even think like this. She didn’t give her such values. She cries and runs away. Abhi goes behind her. Ranbir is also disappointed and tries to go behind Abhi, but Pallavi stops him and says try to understand, Prachi is a middle class girl. Their needs are more and resources are less which sometimes make them do what they don’t want to. They just can’t help it. Aliya tells Ranbir that he finds Prachi innocent because she is his friend. But she can’t ignore this, otherwise Prachi will steal again. And that’s why she will file an FIR against Prachi as well. Riya is happy.

Precap: Ranbir is frustrated at Aryan saying he knows how Prachi is and that is why he is defending her. Aryan asks whom all he will shut. If he wants to defend her, then prove her innocent.

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Kunal Kemmu shares his excitement over Kareena Kapoor’s pregnancy; says, ‘Can’t wait to welcome this new member’ [Exclusive]

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Recently, amidst all the negativity surrounding Bollywood news circles, Saif Ali Khan and Kareena Kapoor offered a ray of sunshine with the announcement of their second child, taking us all bu surprise as none of us even had a whiff about Kareena being pregnant. In an official statement, the couple said, “We are very pleased to announce that we are expecting an addition to our family !!Thank you to all our well wishers for all their love and support. (heart emoji) Saif and Kareena.” Now, in an exclusive interview with BollywoodLife, brother-in-law Kunal Kemmu has given his first reaction to the new of the couple expecting their second child. Also Read – Soha Ali Khan posts a cool congratulatory note to Saif Ali Khan and Kareena Kapoor as they announce second pregnancy

Opening up on the new bundle of joy soon to arrive in their household, Kunal Kemmu said, “I mean, we are excited…we are very happy with the news…and we hope that everything goes well. Very excited and can’t wait to welcome this new member in the family.” Opening up on a daughter Inaaya and nephew Taimu Ali Khan getting a little new companion, Kunal added a short but sweet, “Yes…of course,” and grinned with joy. Also Read – Lootcase: ‘If we had a theatrical release, we would be looking at a Rs. 100 crore film,’ says Kunal Kemmu [Exclusive]

Earlier, Kareena Kapoor’s makeup artist, Pompy Hans, who has worked with actress on many projects, also opened up on her second baby with Saif Ali Khan. Talking to E Times, she said, “I am very happy for her, she always wanted to have a second baby. This is the perfect time for her because she can’t do much work. Also Taimur is at an ideal age, so I am very happy for her. Kareena is a very confident person and I am sure she will definitely be working in her second pregnancy. She may not sign anything new but Laal Singh Chaddha is set to go on floors in September-October. Mostly Kareena’s part of the shoot will be completed then.” Also Read – Lootcase movie review: Kunal Kemmu, Ranvir Shorey and Gajraj Rao keep this Guy Ritichie-Quentin Tarantino pastiche afloat

Meanwhile, Kunal Kemmu is busy gearing up for the release of Abhay 2, the second season of his successful psychological thriller web series, set to premiere on 14th August on Zee5.

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A 24 hour online Prayer meet to organized for Sushant Singh Rajput

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A lot has been going on ever since actor Sushant Singh Rajput died. Investigations are now underway to determine if he died by suicide or was any foul play involved in his death.  The actor’s sudden demise has left friends, family and fans shattered and all they can think of right now is for justice to be served to the beautiful departed soul.

It’s been two months since actor Sushant Singh Rajput’s untimely demise today (August 14) and his sister Shweta Singh Kirti has now taken to her social media account to request everyone to join the family for global 24 hour spiritual and prayer observation for the late actor.

The prayer meet will be observed from 15 August 10 am. Actress Ankita Lokhande, who has been supporting his family throughout, also requested fans and friends to join the prayer meeting. She wrote, “It’s already 2months Sushant and I know u are happy wherever you are… Everyone pls join tomorrow (15th aug) at 10am and pray for our beloved Sushant.”

https://www.instagram.com/p/CD235J7hqdc/

We pray for Sushant to stay happy and blessed where ever he is.

 

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