On November 12th, Verde Asset Management, a well-known Brazilian hedge fund, said in a note to clients on Monday that the company established a small bitcoin position before the US Presidential Election on November 5th. The specific size of the position has not been disclosed. The fund, run by industry veteran Luis Stuhlberger, saw its main fund fall 0.18 per cent in October after fees. By contrast, the CDI interbank base rate rose 0.93 per cent over the same period, and a basket of homegrown he...