March 14th 2019
Last year, we launched a new direct vehicle, the Opportunistic Fund, which trades off of volatility and is up over 30% since inception. It has outperformed Bitcoin by 79% and the CCi index of the top 30 cryptocurrencies by 84%.
Meanwhile, in another move reinforcing crypto’s legitimacy as a new class of assets, the world’s second-largest stock exchange, Nasdaq, has incorporated Bitcoin and Ethereum indices into its Global Index Data Service.
Secondly, we also saw CME reporting the highest volume of Bitcoin futures contracts traded on the platform. On February 19, a total of 18,338 contracts were recorded, compared to a daily average of around 4,600 – in total, these contracts amounted to over $360M worth of Bitcoin traded.
Here are some more recent noteworthy stories:
Crypto Insurance Solutions Will Be Key To Institutional Involvement
When it comes to institutional investors, large amounts of capital can be diverted towards cryptocurrencies, but the main hurdle is lack of security and reliability.
Binance Launchpad Hosts Its Third ICO With Celer Network Raising $4 Million
Binance Launchpad, the token launch platform of the major global crypto exchange Binance, has completed a $4 million sale of Celer Network (CELR) tokens…
News via Cointelegraph
Are Cryptocurrencies More Trustworthy Than Stocks?
43% of Millennial participants expressed greater faith in digital currency exchanges than in stock exchanges..
Research via Forbes
Blockchain Inc. Wallets Grow by 48 Percent Since 2018, 34 Million Now in Operation
Over 34 million Blockchain, Inc. wallets are functional as of March 2019, showing a 48 percent increase since 2018 and a staggering 1 million percent increase since 2012.
Analysis via Cryptoslate
The term “blockchain,” may be synonymous with Bitcoin, but many uses for blockchain technologies are being pioneered that are unrelated to currency – Blockchain Beyond Cryptocurrency
Did you know Litecoin prices practically doubled this year?
If you value Crypto Investing, feel free to forward this copy to your friends. Have a great weekend!
Joe DiPasquale – CEO at BitBull Capital
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