Fir tree short tether
WebMar 11, 2024 · Fir Tree Capital Management, a hedge fund with $4 billion in assets under management, has made a sizable short bet against the stablecoin tether (USDT), according to a Bloomberg report on... WebMar 11, 2024 · Fir Tree is betting that its short wager could see a payday within 12 months and its thesis against Tether centers around the coin’s roughly $24 billion in high-yield …
Fir tree short tether
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WebWe have six varieties to choose from: Blue Spruce, Norway Spruce, White Pine, Leyland Cypress and Canaan Fir. We still have a great variety of other types of trees available in … WebMar 13, 2024 · Fir Tree Capital Management, a $4B hedge fund, took out a large short position against Tether. If its bet pays off, the hedge fund is expecting to see returns …
WebShort sellers bet Tether, crypto’s central bank, is vulnerable to a run Published: April 3, 2024 at 11:43 p.m. ET By Peter Rudegeair comments Tether says it has conservative investments,...
WebMar 11, 2024 · Fir Tree Capital Management is making a substantial short wager on Tether, the stablecoin that’s under intense scrutiny from regulators. The $4 billion hedge … WebMar 14, 2024 · Fir Tree, a $4 billion hedge fund, began looking at shorting Tether in July last year. It reportedly developed a way to short the coin while minimizing downside risk and maintaining a high payoff potential.
WebMar 11, 2024 · Fir Tree Capital Management, a $4 billion hedge fund, is shorting Tether as the largest stablecoin in crypto faces down scrutiny from regulators.. According to clients of the firm and reported by Bloomberg, Fir Tree has constructed a way to short Tether in an “asymmetric trade.”In other words, the risk is minimized and the potential to generate …
WebApr 3, 2024 · (2 minutes) Short sellers are betting against a cryptocurrency whose price shouldn’t move. A few investment firms, including Fir Tree Partners and Viceroy … phoenix 10 orange beach addressWebApr 4, 2024 · Short sellers are betting against a cryptocurrency whose price shouldn’t move. A few investment firms, including Fir Tree Partners and Viceroy Research LLC, have placed substantial bets in recent months that the price of tether will fall, according to people familiar with the matter. Tether is the most popular currency for trading bitcoin and is supposed … ttc tacticalWebMar 11, 2024 · Fir Tree Capital Management, a $4 billion hedge fund, is shorting Tether as the largest stablecoin in crypto faces down scrutiny from regulators. Decrypt … phoenix 10 day forecast weather undergroundWebMar 14, 2024 · advertisement New York-based hedge fund Fir Tree Capital Management has reportedly placed a short bet on tether, citing question marks over the level of … phoenix 10 condo for sale orange beachWebTether's latest quarterly attestation (take it for what you will) reveals that they held at least $24 billion worth of commercial paper at the end of 2024. Putting all of this together, it's fairly clear that Fir Tree's expected catalyst is related to … phoenix 10k and half marathonWeb2/ Fir Tree is a hedge fund with ~$3 Bn in AUM and hundreds of holdings. SEC 13F filings show Fir Tree holds First Citizen's Bank, KKR, Comcast, and hundreds of other securities. They are heavy investors in Oil & Tobacco. These are deep value investors. - Twitter thread by Ram Ahluwalia, higher for longer crypto CFA @ramahluwalia - Rattibha phoenix 10 in orange beach alabamaWebMar 11, 2024 · Investors say hedge funds devised a way to short Tether, Fir Tree bets shorts will pay off in 12 months. Market valuation pegged to stablecoin Tether (USDT) on March 6, 2024 beyond $80 billion mark. Tether is the largest stablecoin by market cap, accounting for 4.43% of the entire crypto-economy value ($1.8 trillion) as of March 11, … ttc taps