Bill Miller's hedge fund is 30% Bitcoin

Bill Miller's hedge fund now has about 30% of its assets in Bitcoin comparing to 5% last year
31 October 2017   1170

A hedge fund run by Bill Miller now has about 30% of its assets in Bitcoin, comparing to 5% last year, according to the wsj.com interview with the legendary investor.

Thus, as the interview details, the fund (MVP 1) bought its Bitcoin for an average $350 each. With Bitcoin trading around $6,100 Monday, that means the fund's digital currency investments have soared more than 1,600%.

As Miller claims, he isn't buying more Bitcoin for the fund at current prices, but he would be willing to "put 1% of my liquid net worth in it here" if he didn't already own Bitcoin in his personal account.

Bitcoin charts on coinmarketcap.com
Bitcoin charts on coinmarketcap.com

Meanwhile, Bitcoin is at the best of times with its price over around $6,150 and a marker cap of $102,438,163,350.

Lightning Desktop App to be Launched in BTC Mainnet

The application, which is based on the lightweight Neutrino client, is available for the macOS, Windows and Linux, however, it's oriented fro test environment
24 April 2019   147

Lightning Labs, a leading developer of solutions for the Lightning Network, announced the launch of its desktop wallet in the main Bitcoin network. An application that was previously tested in a test network is available in the alpha version.

The application, which is based on the lightweight Neutrino client, is available for the operating systems macOS, Windows and Linux, however, as the developers emphasize, is still oriented primarily to the test environment. At the same time, more advanced users can also experiment with the wallet interface and get access to their funds.

Lightning App Desktop Version Screenshot
Lightning App Desktop Version Screenshot

The Neutrino client allows non-custodial Lightning wallets to verify Bitcoin transactions without the need to synchronize with the full version of the blockchain.

The new release includes such a function as displaying a single balance, which will allow users to see the cumulative number of coins both in the network base and in the payment channels by percentage.