Bitcoin (BTC) surges to an All Time High of USD 10,000, It is to be noted that Bitcoin has surged to an extent of 875% for this year. The currency has been seeing a surge in value for the past month.
The Supreme Court of India has asked the government to respond to the plea that calls for regulation of Bitcoin in India. The plea also seeks response from the Income Tax department. and the ED.
With his hedge fund, he will be able to capture trading opportunities that require more scale and will have influence over developers, regulators, etc.