Firms with over $1 billion are making big bets in fixed income, foreign exchanges.

Just four factors explain 88% of the variance in the digital currency’s price over the last four years.

The Treasury Department and the Internal Revenue Service are likely to push off a January date for the firms to begin tracking data such as customers’ capital gains and losses.

Citadel Securities is investing in and developing its crypto product with help from Virtu Financial Inc., Charles Schwab Corp. and Fidelity Digital Assets.

Market neutral strategies from both BlockTower Capital and Nickel Digital Asset Management are still notching positive returns.

Economists warn that the world economy is at risk of slipping into a recession.

The ProShares Short Bitcoin Strategy ETF (ticker BITI) launches Tuesday, becoming the first inverse exchange-traded fund in the US linked to the largest cryptocurrency.