An overnight piece on the cryptocurrency index fund manager raising $70m from an institutional investor, & 30 individuals Some big names in this: Henry Kravis Stanley Druckenmiller Bridgewater CEO David McCormick Bitwise has more than US$1.2 bn in assets under management is focused on servicing long-term investors seeking exposure...
Various provinces in China have been making life very difficult indeed, even impossible, for crypto miners. This from only a week ago: China has acknowledged it’ll lose miners to the US and Canada: Texas, though, is welcoming miners: power sources (ice storms notwithstanding),rates are inexpensive friendly regulations Bitcoin mining...
Bitcoin broke back above $40,000 yesterday but can it hold? Bitcoin price action continues to center around Elon Musk’s mood for the most part, though the cryptocurrency also got a bit of endorsement from Paul Tudor Jones yesterday. The latest push up in the price is encouraging as it...