Wall Street traders like Trey Griggs are finding a new lease on life in the $2.5 trillion crypto Wild West.

Nic Carter’s first foray into digital currencies was mining Dogecoin in his university dorm room back in 2013.

Although some countries, including India, are considering banning Bitcoin, an outright ban in the United States is unlikely.

Digital assets hedge fund BKCoin Capital has named Mark Treinkman as head of quantitative trading.

Bitcoin keeps shooting higher for the most part. While it suffers from corrective periods such as right now (the asset is presently trading for about $55,000 per unit – roughly $8,000 less than where it was two weeks ago).

News that President Joe Biden will propose a significant increase in the capital gains tax sent Bitcoin's price below $50,000 for the first time since early March.

Ethereum (ETH-USD) continued its multi-month rally on Thursday to hit a record high of $2,488.07 (£1803.04) while bitcoin (BTC-USD) retreated after much-anticipated stock market debut of US cryptocurrency platform Coinbase (COIN) in New York.

Crypto prices were surging on Wednesday as investors watched for the U.S. hotly anticipated debut of Coinbase Global COIN, +4.44% later in the session.

Bitcoin has suddenly shot higher, climbing to a fresh all-time high of over $63,000 per bitcoin as the cryptocurrency community gears up for one of its biggest ever events.

Bitcoin surged to a new high Tuesday as investors bet on its growing strength as a long-term investment and increasing acceptance in commerce.

A new generation of investors have welcomed investing as a tool for financial freedom and, with the rise of access to technology, cryptomarkets provide a key step in democratising wealth.

Since launching in late 2018, BKCoin Capital, a New York-based digital asset-focused hedge fund firm, has built an impressive track record with its market neutral, arbitrage-based approach to cryptocurrency trading.

Tyler Gallagher, CEO & Founder of Regal Assets interview Kevin Kang, founding principal of BK Coin Capital.

As bitcoin hovered around $48,000 Tuesday following last week’s all-time high of about $58,200, bears braced for a crash.

Bkcoin Capital co-founder Carlos Betancourt noted that Tesla’s bitcoin purchase “could become the catalyst to get bitcoin’s market cap to $1 trillion.

When funding rates are elevated, that means a lot more long investors than short,” said Kevin Kang, founding principal of BKCoin Capital.

The partnership centres around the provision of feedback and testing of DEXTF’s soon-to-be-released beta version, given through a statistical arbitrage focused quant-trader lens.