Digital Money Times

#1 Source For Bitcoin And Altcoin News

You are here: Home / Archives for Creek

Morgan Creek Bags $40M Raise, Attracts Industry First Funding From Pensions

By Leave a Comment

Morgan Creek.jpg

Even in a bear market, Morgan Creek Digital has no problem swimming upstream.

The crypto asset management firm just bagged a $ 40 million dollar investment and what appears to be the first blockchain/crypto investment by a major pension fund. Two pension plans from Fairfax County, Virginia, the $ 1.43 billion Police Officer’s Retirement System and the $ 3.9 billion Employee’s Retirement System, were the lead investors in what was originally projected to be a $ 25 million dollar raise. Besides the two funds, a hospital system, an insurance company, a private foundation and a university endowment also invested in the raise.  Read more...

This is a preview of Morgan Creek Bags $40M Raise, Attracts Industry First Funding From Pensions. Click Here To Read the full post

BlockFi Raises $4 Million With Backing From Fidelity and Morgan Creek Digital

By Leave a Comment

New York-based crypto loan startup BlockFi has closed a $ 4 million convertible debt fundraising round led by Akuna Capital, with notable participation from Galaxy Digital Ventures, Morgan Creek Digital, and Devonshire Investors, the private equity group affiliated with FMR LLC, the parent company of Fidelity Investments. BlockFi is excited to announce that we have raised an additional […]
SludgeFeed

Permanent link to this post (59 words, estimated 14 secs reading time)

Morgan Creek Is Betting $1 Million That Crypto Will Outperform Stocks

By Leave a Comment

Digital asset investment firm Morgan Creek Digital Assets is so certain in crypto’s upside that it has placed a $ 1 million bet that its cryptocurrency index will outperform the S&P 500 over the next 10 years. The million-dollar gamble is designed to mimic the “Buffett Bet,” where Warren Buffett famously wagered $ 1 million against asset manager […]
SludgeFeed

Permanent link to this post (60 words, estimated 14 secs reading time)

Facebook Will Build ‘Most-Used Product in Crypto’: Morgan Creek

By Leave a Comment

Morgan Creek’s Anthony Pompliano has declared that, contrary to the expectations of some in the blockchain space, Facebook will eventually build the “most used product in crypto.” Responding to a tweet by The Block founder Mike Dudas inferring that Facebook is hiring blockchain engineers without a clearly defined role or purpose for them, Pompliano stated

The post Facebook Will Build ‘Most-Used Product in Crypto’: Morgan Creek appeared first on CCN

CCN

Permanent link to this post (72 words, estimated 17 secs reading time)

Bitcoin Price Will Bottom at 85% Discount to All-Time High: Morgan Creek

By Leave a Comment

Anthony Pompliano, who works in Morgan Creek’s Digital Assets division, told CNBC’s Squawk Box on Monday that he believes the Bitcoin price is essentially going to bottom out with an 85% reduction in value from its previous all-time high. Prefacing that his forecast is based on previous experience in the crypto markets, he said: “85%

The post Bitcoin Price Will Bottom at 85% Discount to All-Time High: Morgan Creek appeared first on CCN

CCN

Permanent link to this post (75 words, estimated 18 secs reading time)

Crypto Hedge Funds are Going to Start Shutting Down: Morgan Creek

By Leave a Comment

The depths of this year’s cryptocurrency bear market evidently show significant signs of further trouble. According to notable crypto figure and Morgan Creek Digital founder Anthony Pompliano, significant price drawdowns this year could lead to crypto hedge funds closing up shop soon. Hedge Funds CCN reported today of Bitcoin dropping below $ 5,000 in price, the lowest

The post Crypto Hedge Funds are Going to Start Shutting Down: Morgan Creek appeared first on CCN

CCN

Permanent link to this post (75 words, estimated 18 secs reading time)

Morgan Creek, Bitwise Team Up to Launch Digital Asset Index Fund

By Leave a Comment

Bitwise Morgan Creek

Morgan Creek, a capital management company that oversees more than $ 1.5 billion in assets, has partnered with Bitwise Asset Management to create the Digital Asset Index Fund.

The new cryptocurrency asset fund is the latest in Bitwise’s suite of cryptocurrency investment offerings, as the asset management company already owns the HOLD 10 Index Fund. It also aspires to launch a cryptocurrency ETF in the near future.  Read more...

This is a preview of Morgan Creek, Bitwise Team Up to Launch Digital Asset Index Fund. Click Here To Read the full post

New Morgan Creek Index Excludes ‘Pre-Mined’ Tokens Like XRP – But Not Ethereum

By Leave a Comment

Ripple premine

Morgan Creek Capital Management, the investment house with $ 1.5 billion of assets under its wing, has refused to include Ripple in its new rules-based index fund.

‘A Lot Of Additional Risk’

As Forbes reports on the launch day of Digital Asset Index Fund August 28, Morgan Creek has opted to exclude any cryptocurrency with more than a 30 percent premine.

Currently including eight cryptocurrencies to which institutional investors and other parties can now gain exposure, the fund will nonetheless also exclude altcoins such as Stellar 00 and in future NEO 00 and EOS 00.  Read more...

This is a preview of New Morgan Creek Index Excludes ‘Pre-Mined’ Tokens Like XRP – But Not Ethereum. Click Here To Read the full post

Ant Creek: Is Bitmain Quietly Developing a Mining Facility in the US?

By Leave a Comment

Ant Creek: Is Bitmain Quietly Developing a Mining Facility in the US?

According to public documents the mining giant based out of Beijing, Bitmain Technologies, is allegedly building a data facility near Port Walla Walla, Washington called ‘Ant Creek.’

Also read: Washington Politicians Defend Regulations as Cryptocurrency Exchanges Flee

Is Bitmain Quietly Constructing a Large Mining Facility in Washington State?

Ant Creek: Is Bitmain Quietly Developing a Mining Facility in the US?The mining company and device manufacturer Bitmain has been quietly developing some sort of data facility based near the Port Walla Walla in Washington state. According to registration documents online, Ant Creek LLC is a firm based in Tumwater, Washington, and the active company was logged as an LLC on June 28, 2017. The for-profit Washington company’s record ownership is filed under Jihan Wu’s name.  Read more...

This is a preview of Ant Creek: Is Bitmain Quietly Developing a Mining Facility in the US?. Click Here To Read the full post

Crypto News

Featured

Press Releases

ADVERTISEMENT

Loading data ...
Comparison
View chart compare
View table compare