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GameStop investor Melvin Capital lost 49% on its investments in first quarter: source | Fox Business

BOSTON – Melvin Capital, the hedge fund on the middle of the GameStop GME.N buying and selling frenzy, misplaced 49% on its investments through the first three months of 2021, an individual acquainted with the matter mentioned on Friday. The fund, based by Gabe Plotkin, misplaced 7% in March, the supply added, talking on situation of anonymity

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Crypto market cap surges to record $2 trillion, bitcoin at $1.1 trillion | Fox Business

The cryptocurrency market capitalization hit an all-time peak of $2 trillion on Monday, based on information and market trackers CoinGecko and Blockfolio, as positive factors over the past a number of months attracted demand from each institutional and retail traders.

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