$12 Billion Bitwise Fund Chief, Matt Hougan, Says Bitcoin Rally Is Coming Before Year-End Speaking in a recent market interview on CNBC, the Bitwise Chief Investment Officer described the current retail environment as one of “maximum desperation,” citing the recent wave of leveraged liquidations, futures wipeouts, and yield protocol failures as evidence. According to him, the market sentiment at the moment is at its most depressive level, which signals a bottom rather than the end of the cycle. “The cry ...

Akshat Vaidya, co-founder and managing partner at Maelstrom, the family office of BitMEX founder Arthur Hayes, has taken aim at early-stage crypto funds like Pantera Capital. He accused these funds of becoming “too big” and ultimately failing their investors. In a recent post on X, Vaidya revealed that his $100,000 investment in the Pantera Early-Stage Token Fund LP from four years ago had declined to just $56,000 due to its high-cost structure.   Notably, the fund included a 3% management fee and a 30% ...

Group 1 - The article discusses the Grayscale Litecoin Trust and its potential for spot ETF conversion, which was anticipated as early as May [1] - The author has a long position in various cryptocurrencies including BTC, ETH, SOL, and LTC, indicating a bullish outlook on these assets [2] - The article emphasizes that past performance does not guarantee future results, highlighting the speculative nature of cryptocurrency investments [3]