Business Insider: Hedge funds are cashing in on bitcoin mania — there are now 50 dedicated to cryptocurrencies

Hedge funds are cashing in on bitcoin mania — there are now 50 dedicated to cryptocurrencies
Business Insider

Bitcoin themed balloons float in the air during the "Inside Bitcoins: The Future of Virtual Currency Conference" in New York. The market for cryptocurrencies is red-hot, and dozens of crypto-focused hedge funds are looking to get in on the action. Digital currencies, such as Bitcoin, are powered by distributed ledger technology and are not controlled by a centralized authority. The market for such currencies has exploded with over 800 coins on the market with a combined marketcap of $166 billion Read the full story

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-Mark