HEDGE FUNDS BUYING BITCOIN, ETHEREUM, XRP, & 3 OTHER CRYPTOCURRENCIES EN MASS! (PWC 2020 REPORT) Description video: Big 4 Firm PricewaterhouseCoopers Just Released A 2020 Report Showing That HEDGE FUNDS ARE BUYING BITCOIN, ETHEREUM, XRP, \u0026 3 OTHER CRYPTOCURRENCIES EN […]
HEDGE FUNDS BUYING BITCOIN, ETHEREUM, XRP, & 3 OTHER CRYPTOCURRENCIES EN MASS! (PWC 2020 REPORT)
Big 4 Firm PricewaterhouseCoopers Just Released A 2020 Report Showing That HEDGE FUNDS ARE BUYING BITCOIN, ETHEREUM, XRP, \u0026 3 OTHER CRYPTOCURRENCIES EN MASS!\n\nThe data in my opinion is very revealing. Not only are hedge funds buying bitcoin ethereum \u0026 xrp in 2020…\n\nhedge funds are buying bitcoin \u0026 cryptocurrency in 2020, hedge funds buying bitcoin \u0026 xrp in 2020, hedge funds buying cryptocurrency in 2020\n\nHowever you want to say it… this needs to be seen!\n\nFollow us on Twitter:\nhttps://twitter.com/AltcoinDailyio\n\nReport:\nchrome-extension://oemmndcbldboiebfnladdacbdfmadadm/https://www.pwc.com/gx/en/financial-services/pdf/pwc-elwood-annual-crypto-hedge-fund-report-may-2020.pdf\n\nGrayscale bought 9,502 #BTC in the last 8 days, for reference only ~7,200 were mined in that period.\nhttps://twitter.com/AltcoinDailyio/status/1268938663188029441\n\nGrayscale reveals why it’s buying up so much Bitcoin\nhttps://decrypt.co/31396/grayscale-reveals-why-buying-bitcoin?utm_source=reddit\u0026utm_medium=social\u0026utm_campaign=sm\n\n\n**Note: My overall opinion is that the name of the game is to accumulate as much Bitcoin as possible. Alts are interesting but a lot more speculative. I use them to accumulate more Bitcoin. \n\n***********************************************************************\n🏺Support The Channel!!🏺(We Get A Kickback From These Affiliate Links)\nSupport us on Patreon here 👇 and be a part of exclusive content and voting power\nhttps://www.patreon.com/AltcoinDaily\n\nProtect and store your crypto with a Ledger Nano:\nhttps://www.ledger.com?r=4b0f6c5711dc\n\nThe easiest place to buy Bitcoin is Cash App.\nTry it using my code and we’ll each get $5. MMQHWLG \nhttps://cash.app/app/MMQHWLG\n\nSign up for Coinbase \u0026 get $10 in free Bitcoin:\nhttps://www.coinbase.com/join/59ebcf3…\n\nEarn Bitcoin For everyday online purchases (We each get $10):\nhttps://lolli.com/ref/3fFthESfAq\n\nFold App: Get 20,000 sats by using my referral code: “CVWR3LKU”\nhttps://use.foldapp.com/r/CVWR3LKU\n\n\n\n🏺Buy Me A Beer 🏺 \n►BTC: 3DYCrB2RCrREM6y3Ahxxuv9JjSVd6yrbz4\n►BTC: 3DYCrB2RCrREM6y3Ahxxuv9JjSVd6yrbz4\n\n***********************************************************************\n\n\n#bitcoin #cryptocurrency #news #btc #ethereum #eth #cryptocurrency #litecoin #altcoin #altcoins #eos #forex #money #best #trading #bitcoinmining #invest #trader #cryptocurrencies #top #investing #entrepreneur #business #success #investment #finance #bitcoins #motivation #coinbase #stocks #wallstreet #investor #ico #wealth #bullish #bearish #cryptolive #altcoindaily #cardano #xrp #ripple\n\n***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION \u0026 ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT! \n\nThis is NOT an offer to buy or sell securities.\n\nInvesting and trading in cryptocurrencies is very risky, as anything can happen at any time.\n\nThis information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.\n\nbitcoin, cryptocurrency, crypto, altcoin, altcoin daily, blockchain, decentralized, news, best investment, top altcoins, ripple, ethereum, binance, cardano, xrp, litecoin, 2020, crash, bull run, bottom, crash, tether, bitfinex, rally, tone vays, ivan on tech, chico, video, youtube, macro, price, prediction, podcast, interview, trump, finance, stock, investment, too late, when, bitcoin good investment, how do i buy bitcoin, buying bitcoin 2020, \n\n\nHuge Thank You To Our Patreon Family:\nIan Baxter\nCarlos Alea\nBare Bones Mining\nLouie Hernandez \nJeremy Foxx\r\n\r\n#hedgefundsbuyingbitcoinethereum\u0026xrpin2020 #hedgefundsbuyingbitcoincryptocurrencyin2020 #hedgefundsbuyingbitcoin\u0026xrpin2020 #hedgefundsbuyingcryptocurrencyin2020
Cryptocurrency Hedge Funds Show Huge Growth in 2020
Crypto hedge funds are posting significant gains this year, capitalizing on a surge in transactions allowing lenders and borrowers to transact without banks, as well as the sustained rise in the price of bitcoin.
The index of such a hedge fund, launched in September 2018 by the Vision Hill Group crypto fund, showed a return of 126% in 2020.
Other hedge fund sectors were also in the green, but gained a modest 1.70% in September.
«The advent of Decentralized Finance (DeFi), which are crypto platforms that facilitate lending outside of traditional banking institutions, has been at the heart of the robust performance of crypto funds this year.», – said Scott Ermey, founder and CEO of Vision Hill.
Total lending on DeFi platforms in October totaled $ 11.1 billion, industry website DeFi Pulse showed, up 180% from the roughly $ 4 billion in August.. DeFi sites run on an open infrastructure, with algorithms that set rates in real time based on supply and demand.
Framework Ventures, a $ 100M venture capital fund and the largest investor in the DeFi space, believes the decentralized finance segment hasn’t peaked yet.
«Users show how positively they view DeFi opportunities with their investments», – said Michael Anderson, co-founder of Framework Ventures, noting that some DeFi platforms have more volume than much larger digital asset exchanges.
Meanwhile, Bitcoin’s rise of over 80% this year helped propel hedge funds as it sparked a rally in the cryptocurrency market..
Chain Capital has posted a return of 94% so far in 2020 and an average annualized return of 112% since its inception in 2016.
Terry Culver, the CEO of Digital Finance Group USA, said the crypto space has matured and there is a lot more innovation in the industry.
«The sector is no longer as limited as it was three or four years ago», – he said.