Here’s something we weren’t expecting. The big story about cryptocurrencies for about the last year has been their tumbling prices, but then December hit, bringing a bear market down hard on the stock market. Today the bitcoin price continues to struggle, falling to its lowest level in six weeks.
Q4 hedge fund letters, conference, scoops etc
It was exceptionally difficult for equity-focused funds to post gains for the month of December, but a select few did manage to do it. Interestingly, one fund which posted a very respectable gain last month did so because of its crypto holdings.
ProChain Capital wins thanks to cryptoassets
ProChain Capital was up 2.4% for December, according to the fund’s January letter to investors,...
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