Bitcoin Price Close to Bottom, Will See $10,000 this Year: Analyst

The cryptocurrency market capitalization has dropped by $575 billion since its all-time high, and the bitcoin price has dropped by two-thirds since it peaked near $20,000. But a hedge fund manager believes the trend is about to reverse. Spencer Bogart, partner at cryptocurrency and blockchain venture firm blockchain Capital, predicted a bullish retracement for bitcoin …

Famed Endowment Manager Invests Yale’s Money in Crypto Funds.

On October 5, 2018, an article published by Bloomberg stated that Yale University’s Investment Office, under the stewardship of famed manager David Swensen, has put an allocation toward Paradigm, a new cryptocurrency fund that has raised $400 million dollars. CNBC added onto the report by stating Yale had also invested in Andreessen Horowitz’s $300 million …

Pantera’s Digital Asset Fund Sees 72% Decrease YTD

Pantera Capital’s Digital Asset Fund underperforms Bitcoin year-to-date, marking serious declines downwards of 70 percent. The fund’s compound annual growth rate (CAGR) is also negative 50 percent.A A Rocky 2018 The entire cryptocurrency market saw around $600 billion being wiped off its sheet in 2018. Bitcoin (BTC) [coin_schedule], the world’s largest cryptocurrency, marked a decrease …