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Bitcoin Breaking Out - Now What?North America is the largest cryptocurrency market we study, with an estimated $ trillion in value received on-chain between July and. Pantera Capital: First US crypto hedge fund. Pantera Capital is a crypto Morgan Creek Capital Management is a North Carolina-based hedge fund that. Pantera launched the first cryptocurrency fund in the U.S. when bitcoin was at $65 /BTC in The firm subsequently launched the first blockchain-focused.