The next crypto bull market will start sooner than most people think, according to Mark Yusko, the founder and CEO of Morgan Creek Capital Management. Yusko thinks the next crypto bull run or, as he calls it, "the crypto summer," could kick off as soon as the second quarter of CapitalCEOCreekCryptoMorganStartSummer Read More
Morgan Creek Digital is reportedly looking to raise $250 million to counter FTX’s line of credit to BlockFi.
The move resulted from one of FTX’s terms for the credit line to BlockFi, to wipe out shareholders, including Morgan Creek Digital.
Morgan Creek Digital, the hedge fund founded by Mark Yusko, Jason Williams, BailoutBlockFiCounterCreekDigitalFTXsMorganOfferPlanningRaiseReportedly Read More
According to Yusko, the FTX credit line proposal had a catch for BlockFi’s existing shareholders: It gave FTX the option to buy BlockFi “at essentially zero price.” If FTX were to exercise said option, it would effectively wipe out all of BlockFi’s existing equity shareholders, including management and employees with BailoutBlockFiCallCounterCreekFTXsLeakedMorganShows Read More
By laying the foundations of the internet of value, cryptocurrency and blockchain will generate more wealth than Web 1 and Web 2, said CEO of Morgan Creek Capital, Mark Yusko, in an exclusive interview with Cointelegraph. “We haven't even gotten to the parabolic growth part of Web 3, which is going BitcoinCapitalCEOCreekCryptocryptoexchangeExchangesGenerateInternetMorganWealth Read More
The U.S. Federal Reserve and the rise of “zombie companies” is prompting investors scramble to hedge against inflation using bitcoin and gold.That’s according to Mark Yusko, founder and CEO of investment firm Morgan Creek Capital Management, who spoke with CNBC’s Fast Money host Melissa Lee on Thursday.Yusko took aim at BitcoinCEOCreekDevaluationDollarDueExtremelyFedMorganReserves Read More
Major players in the crypto community are betting big on digital art NFTs surpassing the physical art market.According to a Sept. 21 tweet from Messari analyst Mason Nystrom, sales of non-fungible token (NFT) marketplace Rarible passed $5 million in September, with a volume of 5,309 of its RARI governance tokens ArtAttractsCreekDigitalExecsMorganNonFungibleParabolic Read More
Bitcoin (BTC) is trading below $9,000 at around $8,800 as the halving is getting closer with a high level of price uncertainty. According to Morgan Creek Digital co-founder Jason A. Williams, BTC price will hit $10K before the halving.After a bull run that saw the Bitcoin (BTC) price clinch above 9KBitcoinBTCCoFounderCreekDigitalHalvingMorganPriceTargets Read More
Anthony Pompliano’s Morgan Creek Capital Management firm established a blockchain fund to explore opportunities using distributed ledgers.On Oct. 18, the cryptocurrency asset management firm Morgan Creek submitted a filling for its second blockchain fund to the United States Securities and Exchange Commission (SEC) and has so far raised nearly 61MBlockchainCreekFundMorganPompsRaisesTargets Read More