90 cryptocurrency hedge funds launched in the first three quarters of 2018, on track for 120 for the fiscal year, according to Crypto Fund Research. The record rate of new crypto hedge fund launches defies traditional thinking that hedge funds tend to launch most frequently in bull markets. Leading cryptocurrencies, like Bitcoin and Ethereum, are down 50% or more YTD 2018. … [Read more...] about 20% of hedge funds launched in 2018 are crypto funds
Seasoned investor Novogratz predicts rapid bitcoin adoption by institutional investors
Mike Novogratz, the former hedge fund manager at Fortress Investment Group, believes that institutional investors will adopt bitcoin in about six to eight months. … [Read more...] about Seasoned investor Novogratz predicts rapid bitcoin adoption by institutional investors
124 hedge funds are now focused on bitcoin and digital currencies
Autonomous Next, London-based fintech company, has released a research stating that the total number of crypto-funds reached 124 at the end of October 2017. … [Read more...] about 124 hedge funds are now focused on bitcoin and digital currencies