Cryptocurrency Analysis and News Portal
Pantera CEO Dan Morehead has recently revealed his predictions for the price of bitcoin going forward. The CEO runs Pantera Capital, which runs the first bitcoin fund that was launched in the United States. Pantera’s bitcoin fund was launched in 2013, back when the digital asset was worth only $65
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Amid the looming Ethereum London hard fork, Pantera Capital CEO Dan Morehead predicted that the upcoming upgrade would likely help Ether (ETH) outpace Bitcoin (BTC) as the largest cryptocurrency.As a newer cryptocurrency, Ether has more potential than Bitcoin, Morehead said at the Reuters Global Markets Forum on Monday, noting that
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Dan Morehead of Pantera Capital is anticipating Bitcoin to hit $200k by 2022His analysis is based on the adoption of BitcoinFor every million new users, the price of Bitcoin rises by $200Smartphones will be key in Bitcoin adoptionDemand for Bitcoin by institutions is also rising and could lead to a
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Summary:Dan Morehead has pointed out that Bitcoin is experiencing a supply shortageThis is due to institutional buyers such as Paypal scooping up Bitcoin more than is minedBitcoin’s price is 9 weeks behind its pace towards $115k but will eventually get thereThe CEO of Pantera Capital, Dan Morehead, has pointed out
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PayPal’s recent leap into the crypto market is helping to drive the current bitcoin (BTC) rally, according to Pantera, a prominent cryptocurrency and blockchain investment firm.In an investor letter published Nov. 20, the venture firm compared the ongoing bull market to the last time BTC rose above $18,000, three years ago. “Previously
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Cryptocurrency firm Pantera Capital has raised $134 million for its bitcoin fund, according to a form D filing with the U.S. Securities and Exchange Commission.Formed in 2013, the Pantera Bitcoin Fund Ltd. was the first U.S.-based bitcoin fund. In an investor letter at the end of 2017, Pantera boasted a
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A new crypto derivatives exchange, Globe, is looking to step up to the plate following crackdowns on BitMEX, the growth of decentralized finance (DeFi) and a surge in the price of bitcoin.The platform announced Friday a $3 million funding round from the likes of Pantera Capital, Y Combinator, Tim Draper
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A boom in decentralized finance (DeFi) has turbo-charged returns for Pantera Capital’s bitcoin and mixed cryptocurrency hedge funds this year.From Jan. 1 to Aug. 31, Pantera’s bitcoin (BTC) fund gained 61%, its digital asset fund 168%, its initial coin offering (ICO) fund 323% and its long-term ICO fund 270%, thanks
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PowerTrade is a new mobile-based cryptocurrency options trading platform set to launch this year. Source
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