Pantera Capital’s Morehead Predicts Bitcoin Price Will Drop 50{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8} Next Week

The post Pantera Capital’s Morehead Predicts Bitcoin Price Will Drop 50{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8} Next Week appeared first on CCN

Dan Morehead, CEO and founder of Pantera Capital and a digital currency investor, told CNBC’s Squawk Box bitcoin’s price could fall 50 percent next week to last month’s lowest levels. In the long run, however, he said bitcoin will far surpass its current prices. Big blockchains such as bitcoin, Ethereum and Ripple are still young

The post Pantera Capital’s Morehead Predicts Bitcoin Price Will Drop 50{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8} Next Week appeared first on CCN

Legendary Investor Bill Miller Now Holds Half His Hedge Fund in Bitcoin

Legendary Investor Bill Miller Holds Half His Hedge Fund in BitcoinWith the launch of bitcoin futures by two leading American options exchanges, lending the cryptocurrency more credibility among mainstream investors, Wall Street is turning to known figures to explain the phenomena. One proven financial wizard they might listen to is legendary value investor Bill Miller whose hedge fund is now holding 50{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8} of its assets […]

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