Bitcoin Will Likely Grow 15-20x in Next 15 Months: Fund Manager

Bitcoin Will Likely Grow 15-20x in Next 15 Months: Fund Manager

Bitcoin has every possibility to grow its market size by 15-20 times within the next 15 months, according to Anthony Pompliano of New York-based hedge fund Morgan Creek Digital. The founder said in a note to investors that they should put 1-10 percent of their investable capital into Bitcoin. Recalling his own portfolio’s 50 percent exposure in the cryptocurrency, Mr. Pompliano cited a string of upside catalysts that would benefit anyone who invests-in/holds the 11-year […]


Related News

Billionaire Hedge Fund Manager Paul Tudor Jones Expects Bitcoin’s Market Cap ...

Famed hedge fund manager Paul Tudor Jones has updated his view on bitcoin. Envisioning a bullish future similar to “the metals complex where you have precious crypto,” he says that $500 billion is the wrong market cap for bitcoin, given all the “possibilities that it has.” He expects that the path forward for bitcoin from here is “north.” Paul Tudor Jones Expects Bitcoin’s Price to Head ‘North’ Paul Tudor Jones was again asked about bitcoin in an interview on Yahoo Finance on Thursday. The founder of asset management firm Tudor....

A Big Bitcoin Move Ahead as Volatility Hits 3-Month Low: Fund Manager

Bitcoin strategists are waiting for a bias-defining price move as the cryptocurrency’s historical volatility falls to its lowest in three months. Jan Uytenhout, the co-founder of Capriole Investments in Denmark, iterated the outlook in a tweet issued earlier this Wednesday. The fund manager cited old references to show a correlation between the Bitcoin price and […]

Europe’s Largest Asset Manager Debuts First Ethereum-Based Tokenized Fund

European asset manager Amundi has announced its first tokenized fund in partnership with CACEIS, running on the Ethereum blockchain. Amundi Launches Tokenized Fund On Ethereum As per an announcement on the official website, Amundi has launched the first tokenized share of one of its money market funds. Headquartered in France, Amundi is an asset manager […]

Crypto Fund Manager Charged in $5M Ponzi Scheme, Facing up to 30 Years in US ...

A cryptocurrency fund manager has been charged in a U.S. federal court. He allegedly took over $5 million from investors interested in investing in his crypto funds, promising them high returns. In reality, he was running a Ponzi scheme and is now facing up to 30 years in prison. Crypto Fund Manager Arrested for Running a Ponzi Scheme The U.S. Department of Justice (DOJ) announced Tuesday that Jeremy Spence has been arrested and charged in Manhattan federal court in a fraudulent cryptocurrency scheme. The 24-year-old from Bristol, Rhode Island, is also known as “Coin Signals.”....

First U.S. Bitcoin Mutual Fund Launched By $60 Billion Fund Manager

The first publicly available U.S. mutual fund that generally tracks the price of Bitcoin has been launched by a $60 billion fund manager.