/Hedge Fund Flopped? Try Bitcoin

Hedge Fund Flopped? Try Bitcoin



When Bitcoin fell 47 percent after hitting about $19,800 in mid-December, he decided to delay the fund’s debut due to “market conditions.” But by January — after Bitcoin took another nosedive — Novogratz was back. The former Goldman Sachs trader said he now plans to start a crypto merchant bank …

Source: Hedge Fund Flopped? Try Bitcoin