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Amber AI - Systematic Crypto Trading

Crypto hedge funds have boomed in the last year. According to data from Crypto Fund Research, the number of cryptocurrency investment funds now sits at 366 worldwide. In the first five months of the year, 61 new crypto hedge funds and venture capital funds have launched, putting it on pace to reach 147 this year alone and consequently surpassing the 130 that were launched last year. The boom comes despite a near 50% fall in value across most cryptocurrencies in the last five months. To June, the HFR Cryptocurrency Index, which was up 2907.94% last year, is down 17.48%. It might seem odd...