An $800 million crypto hedge fund says bitcoin’s recent slump can be pinned on the tax man

Uncle Sam is to blame for <b>bitcoin's</b> recent sell-off. The cryptocurrency declined by nearly 50% in March, from more than $11,500 to $6,500. Pantera Capital, a cryptocurrency hedge fund with nearly $800 million in assets under management, said in an investor letter dated April 11 that Tuesday's deadline ...
Uncle Sam is to blame for bitcoin's recent sell-off. The cryptocurrency declined by nearly 50% in March, from more than $11,500 to $6,500. Pantera Capital, a cryptocurrency hedge fund with nearly $800 million in assets under management, said in an investor letter dated April 11 that Tuesday's deadline ...

Posted by 1bitcoindaily

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