#Steve Zuehlke

[scottwellsmagic]

753: Senior Tour 2023 - Day Three Report

Saturday, April 22nd

6:00-9:00 am FREE BREAKFAST BUFFET FOR HOTEL GUESTS 

9:00 am KEVIN KELLY LECTURE​

10 30 am BILL GOODWIN LECTURE 

 NOON - LUNCH 

 1:30 pm  BREAKOUT SESSION 

​3:00 pm  RYAN BLISS LECTURE 

​5:00 pm DINNER 

​7:00 pm CLOSE UP SHOW 

​Bill Goodwin

Doug Conn 

Randy Wakeman

Allan Ackerman

James Molinari 

 9:00 pm  RANDY WAKEMAN LECTURE

Time stamps for this episode:

00:00:18 - Randy Kalin has been the official emcee for this event and talks about his participation in the Senior Tour

00:14:18 - Steve Zuehlke and Steve Buesking are the two “movers and shakers” who have been behind making the event happen. They have a lot to share about how they put this together plus how it differs from the Midwest Magic Jubilee

00:22:45 - Shaun Rivera helps recap the activities from last night plus this morning.

00:30:23 - Randy Wakeman speaks his mind about this convention and some suggestions for improvement

00:40:23 - Steve Reynolds is part of the talent who talks about how much he enjoys magic conventions

00:47:12 - Ken Dickensheets helps Scott wrap up the Senior Tour as we talk about the final night show.

Download this podcast in an MP3 file by Clicking Here and then right click to save the file. You can also subscribe to the RSS feed by Clicking Here. You can download or listen to the podcast through Stitcher by Clicking Here or through FeedPress by Clicking Here or through Tunein.com by Clicking Here or through iHeart Radio by Clicking Here..If you have a Spotify account, then you can also hear us through that app, too. You can also listen through your Amazon Alexa and Google Home devices. Remember, you can download it through the iTunes store, too. See the preview page by Clicking Here

[joshuajacksonlyblog]

Banks, Asset Managers Can No Longer Ignore Bitcoin

Banks and traditional asset managers used to stay away from Bitcoin and other cryptocurrencies, fearing for their reputation and scared of lack of regulation and wild volatility. However, the recent performance proved that Bitcoin should not be ignored. Crypto Funds Returned 6% More than Traditional Hedge Funds A recent survey carried out by Eurekahedge found that dedicated crypto funds returned over 16% last year. Elsewhere, Hedge Fund Research (HFR) said that traditional hedge fund strategies returned 10.4% for the same period. Galaxy Digital’s asset management boss Steve Kurz told the Financial Times (FT): Bitcoin has a higher return on a one, three and 10-year basis than any other asset class. When the returns are so high, investors will have to pile in. So far, no major bank has developed a specialized desk to trade Bitcoin and other cryptocurrencies on behalf of customers. Banks and asset managers have been worried that another correction similar to the 2018 bearish mood could hurt their investments. However, as the Bitcoin price continues to move higher, more institutional investors are thinking about allocation a portion of their portfolios to cryptocurrencies. CME and Cboe Opened the Doors to Wall Street, But More Investors Eye Bitcoin At the end of 2017, Chicago-based CME and Cboe launched their Bitcoin futures contracts, bringing cryptocurrencies into the mainstream. Meanwhile, Wall Street investors started to look into establishing dedicated crypto investment services. For instance, former Goldman Sachs executive Michael Novogratz launched Galaxy Digital. While the interest in Bitcoin faded in 2018, the cryptocurrency surged last year. It is poised to potentially update the all-time highs this year, at least according to several experts. This will ultimately attract many traditional funds and major banks. Max Boonen, another former Goldman executive who started a crypto trading company, told FT that digital assets, including Bitcoin, will “quickly become part of the investment landscape.” “There is a lot of fuss around bitcoin but at the end of the day it’s just another asset to trade,” he stated. Boonen noted that crypto trading spreads have reduced, even though they’re still high when compared to fiat pairs and other traditional markets. Also, the costs for custody and other processes declined as well. Bitcoin has become similar to equities and bonds, Boonen said. Chris Zuehlke, global head of Cumberland, argued that it was “only a matter of time before traditional banks get involved, perhaps as brokers between customers and liquidity providers like us.” Do you think Bitcoin will become accepted by traditional funds the same as ETFs and other equities? Share your thoughts in the comments section! Image via Shutterstock The post appeared first on Bitcoinist.com. from Cryptocracken Tumblr https://ift.tt/2RVNNyB via IFTTT

[brettzjacksonblog]

Bitcoin-backed Hedge Funds Beat Traditional Players in 2019

Hedge funds containing bitcoin as a primary asset were more profitable in 2019 than those that didn’t feature the cryptocurrency, according to the latest survey by Eurekahedge. The hedge fund database found that dedicated cryptocurrency funds returned more than 16 percent profits to its investors last year. In comparison, traditional hedging strategies generated a dwarfed 10.4 percent return. The difference, albeit minor, helped push bitcoin in the eyes of more traditional investors, with Deutsche Bank stating in its January 2020 report that the cryptocurrency appears more attractive than traditional assets. The German financial giant added that more and more people would adopt bitcoin because of its technological advantages. Speed, for instance, is one feature that has attached itself to the bitcoin trading from the very beginning. Hedge funds involved in the crypto space sell and purchase bitcoin more quickly than they do with traditional assets. It gives them more opportunities to realize gains out of the cryptocurrency’s pricing inefficiencies. Institutions Returning to Bitcoin 2019 was the year of bitcoin’s rebirth. The cryptocurrency grew into investors’ risk-averse conscience after surging by more than 200 percent in the first two fiscal quarters. The gains came on the backs of macro narratives such as the US-China trade war, yuan devaluation, as well as Facebook’s foray into the crypto space with Libra. In 2018, the same bitcoin had plunged by more than 85 percent from its circa $20,000 top. The crash took place after investors lost the money they had put in startups that featured bitcoin’s core technology, the blockchain. Most of those young companies turned out to be either scams or vaporware. Nevertheless, the latest hedge fund returns show that confidence is returning to the bitcoin market. Steve Kurz, the head of asset management at crypto fund Galaxy Digital, told FT that investors are “piling” into bitcoin because the cryptocurrency’s returns over the one, three and 10-year timeframes have been impressive. Max Boonen, the founder of crypto trading company B2C2, further believed that bitcoin could join the league of bigger traditional assets like equities and bonds. Meanwhile, Chris Zuehlke, the global head of Cumberland – a dedicated crypto fund set up by Chicago-based DRW, said traditional banks will play brokers to settle bitcoin trades in the near future. The Setbacks Despite bitcoin’s growth, big investors are still put off by the cryptocurrency’s status as an asset that remains widely-unregulated and prone-to-manipulation. Bitcoin’s recent sharp rally likely had nothing to do with China, or any fundamental factor. It clearly looks like market manipulation by whales looking to sucker in momentum buyers. By pumping up a technically weak market, they are able to dump more #Bitcoin at higher prices. — Peter Schiff (@PeterSchiff) October 28, 2019 Allegation of a stablecoin Tether single-handedly pumping-and-dumping the market, as well as 95 percent of bitcoin’s volume being fake, are among the concerns that have kept institutions away from the crypto space. Skeptics believe the fears are likely to remain unless such core issues get resolved. The post appeared first on NewsBTC. from CryptoCracken SMFeed https://ift.tt/2GNNHmh via IFTTT

[michaelbennettcrypto]

Bitcoin-backed Hedge Funds Beat Traditional Players in 2019

Hedge funds containing bitcoin as a primary asset were more profitable in 2019 than those that didn’t feature the cryptocurrency, according to the latest survey by Eurekahedge. The hedge fund database found that dedicated cryptocurrency funds returned more than 16 percent profits to its investors last year. In comparison, traditional hedging strategies generated a dwarfed 10.4 percent return. The difference, albeit minor, helped push bitcoin in the eyes of more traditional investors, with Deutsche Bank stating in its January 2020 report that the cryptocurrency appears more attractive than traditional assets. The German financial giant added that more and more people would adopt bitcoin because of its technological advantages. Speed, for instance, is one feature that has attached itself to the bitcoin trading from the very beginning. Hedge funds involved in the crypto space sell and purchase bitcoin more quickly than they do with traditional assets. It gives them more opportunities to realize gains out of the cryptocurrency’s pricing inefficiencies. Institutions Returning to Bitcoin 2019 was the year of bitcoin’s rebirth. The cryptocurrency grew into investors’ risk-averse conscience after surging by more than 200 percent in the first two fiscal quarters. The gains came on the backs of macro narratives such as the US-China trade war, yuan devaluation, as well as Facebook’s foray into the crypto space with Libra. In 2018, the same bitcoin had plunged by more than 85 percent from its circa $20,000 top. The crash took place after investors lost the money they had put in startups that featured bitcoin’s core technology, the blockchain. Most of those young companies turned out to be either scams or vaporware. Nevertheless, the latest hedge fund returns show that confidence is returning to the bitcoin market. Steve Kurz, the head of asset management at crypto fund Galaxy Digital, told FT that investors are “piling” into bitcoin because the cryptocurrency’s returns over the one, three and 10-year timeframes have been impressive. Max Boonen, the founder of crypto trading company B2C2, further believed that bitcoin could join the league of bigger traditional assets like equities and bonds. Meanwhile, Chris Zuehlke, the global head of Cumberland – a dedicated crypto fund set up by Chicago-based DRW, said traditional banks will play brokers to settle bitcoin trades in the near future. The Setbacks Despite bitcoin’s growth, big investors are still put off by the cryptocurrency’s status as an asset that remains widely-unregulated and prone-to-manipulation. Bitcoin’s recent sharp rally likely had nothing to do with China, or any fundamental factor. It clearly looks like market manipulation by whales looking to sucker in momentum buyers. By pumping up a technically weak market, they are able to dump more #Bitcoin at higher prices. — Peter Schiff (@PeterSchiff) October 28, 2019 Allegation of a stablecoin Tether single-handedly pumping-and-dumping the market, as well as 95 percent of bitcoin’s volume being fake, are among the concerns that have kept institutions away from the crypto space. Skeptics believe the fears are likely to remain unless such core issues get resolved. The post appeared first on NewsBTC. from Cryptocracken WP https://ift.tt/2GNNHmh via IFTTT

[scottwellsmagic]

752: Senior Tour 2023 - Days One and Two Report

Thursday, April 20th

3:00 pm REGISTRATION OPENS 

 4:00 pm TENNESSEE MAGIC OPENS 

 5:00-7:00 pm COCKTAIL PARTY IN LOUNGE AREA/CASH BAR

 Your chance to perform or sit back and be entertained by a host of notable "workers"

 7:30-9:30pm "An Evening with HOWARD HAMBURG"

 with NEW material not seen in previous lectures 

 (Hamburgers will be served during the break if you have a "CRAVING")

10:00 pm Scott Wells Q and A Panel Discussion   

Friday, April 21st

6:00-9:00 am FREE BREAKFAST BUFFET FOR HOTEL GUESTS 

​9:00 am DOUG CONN LECTURE 

​10:30 am BREAK OUT SESSIONS 

 NOON - LUNCH 

 1:30 pm   STEVE REYNOLDS LECTURE 

​3:00 pm  ALLAN ACKERMAN LECTURE 

​5:00 pm - DINNER 

​7:00 pm  CLOSE UP SHOW 

 Howard Hamburg

Kevin Kelly

Mike Powers 

Steve Reynolds 

Ryan Bliss

​9:00 pm MIKE POWERS LECTURE

Time stamps for this episode:

00:00:18 - we take off on our magic carpet from Houston, Texas, to St. Louis after a brief stop at Dunkin’ Donuts

00:04:03 - at the registration desk we encounter Steve Zuehlke, Jim Molina, and Steve Buesking who tell us a bit about this convention

00:09:06 - Steve Steers and Steve Bolland are attendees who tell us why they came back to the convention for the second time.

00:15:15 - Vinnie Marini and Glenn Morphew discuss the virtues of online teaching

00:28:19 - Maria Schweiter and Mike Powers talk about their favorite conventions plus Maria talks about her experience with the Chavez School where she studied under Neil Foster.

00:36:25 - Kevin Kelly was one of the presenters at this convention and tells us a bit about the Chicago Round Table and Ed Marlo

00:48:45 - Daryl Pepela and David Sudia are registrants who are enjoying this convention and plan to attend again next year.

Download this podcast in an MP3 file by Clicking Here and then right click to save the file. You can also subscribe to the RSS feed by Clicking Here. You can download or listen to the podcast through Stitcher by Clicking Here or through FeedPress by Clicking Here or through Tunein.com by Clicking Here or through iHeart Radio by Clicking Here..If you have a Spotify account, then you can also hear us through that app, too. You can also listen through your Amazon Alexa and Google Home devices. Remember, you can download it through the iTunes store, too. See the preview page by Clicking Here

[joshuajacksonlyblog]

Bitcoin-backed Hedge Funds Beat Traditional Players in 2019

Hedge funds containing bitcoin as a primary asset were more profitable in 2019 than those that didn’t feature the cryptocurrency, according to the latest survey by Eurekahedge. The hedge fund database found that dedicated cryptocurrency funds returned more than 16 percent profits to its investors last year. In comparison, traditional hedging strategies generated a dwarfed 10.4 percent return. The difference, albeit minor, helped push bitcoin in the eyes of more traditional investors, with Deutsche Bank stating in its January 2020 report that the cryptocurrency appears more attractive than traditional assets. The German financial giant added that more and more people would adopt bitcoin because of its technological advantages. Speed, for instance, is one feature that has attached itself to the bitcoin trading from the very beginning. Hedge funds involved in the crypto space sell and purchase bitcoin more quickly than they do with traditional assets. It gives them more opportunities to realize gains out of the cryptocurrency’s pricing inefficiencies. Institutions Returning to Bitcoin 2019 was the year of bitcoin’s rebirth. The cryptocurrency grew into investors’ risk-averse conscience after surging by more than 200 percent in the first two fiscal quarters. The gains came on the backs of macro narratives such as the US-China trade war, yuan devaluation, as well as Facebook’s foray into the crypto space with Libra. In 2018, the same bitcoin had plunged by more than 85 percent from its circa $20,000 top. The crash took place after investors lost the money they had put in startups that featured bitcoin’s core technology, the blockchain. Most of those young companies turned out to be either scams or vaporware. Nevertheless, the latest hedge fund returns show that confidence is returning to the bitcoin market. Steve Kurz, the head of asset management at crypto fund Galaxy Digital, told FT that investors are “piling” into bitcoin because the cryptocurrency’s returns over the one, three and 10-year timeframes have been impressive. Max Boonen, the founder of crypto trading company B2C2, further believed that bitcoin could join the league of bigger traditional assets like equities and bonds. Meanwhile, Chris Zuehlke, the global head of Cumberland – a dedicated crypto fund set up by Chicago-based DRW, said traditional banks will play brokers to settle bitcoin trades in the near future. The Setbacks Despite bitcoin’s growth, big investors are still put off by the cryptocurrency’s status as an asset that remains widely-unregulated and prone-to-manipulation. Bitcoin’s recent sharp rally likely had nothing to do with China, or any fundamental factor. It clearly looks like market manipulation by whales looking to sucker in momentum buyers. By pumping up a technically weak market, they are able to dump more #Bitcoin at higher prices. — Peter Schiff (@PeterSchiff) October 28, 2019 Allegation of a stablecoin Tether single-handedly pumping-and-dumping the market, as well as 95 percent of bitcoin’s volume being fake, are among the concerns that have kept institutions away from the crypto space. Skeptics believe the fears are likely to remain unless such core issues get resolved. The post appeared first on NewsBTC. from Cryptocracken Tumblr https://ift.tt/2GNNHmh via IFTTT