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Pensions Count On Bitcoin Eggs For Retirement

From cryptobriefing.com

Don’t let today’s modest declines in the bitcoin (BTC) price fool you. The signs suggest that crypto mainstream adoption is getting closer, at least if you ask the founder of digital asset management firm Morgan Creek Digital, Anthony Pompliano. The firm announced that its $40 million crypto venture fund is being “anchored” by a pair of U.S. pension funds, which means a percentage of plan members’ retirement savings will now be tied to digital currencies. Rising demand has been reflected in higher prices in recent days, which has emboldened bitcoin bulls and brought prices back within a stone’s throw of the $4,000 ... (full story)

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  • Category: Fundamental Analysis