Bitcoin posted a classic “Uptober,” but risk assets across the board risk a serious contraction, forecasts warn.
Pantera Capital News
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BTC price is right on track when it comes to cycle top and bottom timing, Bitcoin bull Pantera says.
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One of the world’s oldest cryptocurrency exchanges, Bitstamp, is trying to scale its operations with new fundraising advised by Galaxy Digital.
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Pantera was one of the largest shareholders in Bitstamp until 2014, when the exchange was acquired by Belgium-based investment firm NXMH.
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The funds will be used to develop decentralized infrastructure that enables institutional investors to allocate assets on-chain.
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This cycle’s Bitcoin and altcoin lows are behind us, Pantera CEO Dan Morehead says as he looks to a “year of rebuilding trust.“
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Paul Veradittakit of Pantera Capital believes now could be a good time for new entrepreneurs to enter the crypto space.
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FTX US was the successful bidder in the Voyager auction. But one industry insider tells Cointelegraph that the deal didn’t have depositors’ best interests in mind.
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“We want to provide liquidity for people that are kind of giving up because we’re still very bullish for the next 10 or 20 years,” said CEO Dan Morehead.
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Pantera CEO Dan Morehead painted an optimistic outlook for the wider cryptocurrency space during a keynote presentation at Token2049 in Singapore.
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The company said that users have registered over 2.5 million nonfungible token domains through its platform so far.
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Joe Cisewski formerly provided Pantera Capital with legal and regulatory guidance relating to the firm’s funds and investment advisers.
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The latest $113 million fund injection will be redirected to scale the platform’s existing offerings, such as introducing new features and added support for blockchains.
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Kevin O’Leary told Cointelegraph that Bitcoin mining could incentivize green energy production. We also interviewed Mark Yusko and Mike McGlone at Bitcoin 2022.
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Pantera Capital CEO Dan Morehead expects the $1.3 billion blockchain fund to close over the next “three or four weeks” once the due diligence from large institutions has been wrapped up.
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