The top Democrat on the U.S. Senate Committee on Finance reportedly sent a letter informing Pantera Capital founder Dan Morehead that the crypto investor is facing a tax probe. The New York Times reports that in a letter, Senator Ron Wyden (D-OR) asks Morehad to give detailed information about a large investment profit that he […]
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The CEO of investment firm Pantera Capital says he is more bullish than ever on crypto due to the shift in the regulatory environment. At the 2025 Ondo Finance Summit in New York, Dan Morehead says that lack of regularity clarity on digital assets in the United States has held the crypto market back, but […]
The post Pantera Capital’s Dan Morehead Says He’s ‘So Bullish’ on Crypto Amid Regulatory Overhaul – Here’s His Forecast appeared first on The Daily Hodl.
The CEO of digital assets-focused investment firm Pantera Capital says his firm owns a handful of other crypto in addition to Bitcoin (BTC). In a new CNBC interview, Dan Morehead says that he thinks Bitcoin and crypto still have more room to the upside this cycle. Morehead notes that his firm has accumulated positions in […]
The post Dan Morehead Unveils Pantera Capital’s Crypto Holdings, Says Firm Owns Bitcoin and Other ‘Interesting’ Altcoins appeared first on The Daily Hodl.
Digital assets-focused investment firm Pantera Capital is celebrating a massive four-figure return on its Bitcoin (BTC) fund, which dates back to 2013. In its latest Blockchain Letter, Pantera Capital CEO Dan Morehead says that the Pantera Bitcoin Fund “recently achieved an insane milestone – 1,000x.” “The post-election surge has taken the fund a further 30% […]
The post Pantera Capital Sees 131,165% Performance on BTC As CEO Dan Morehead Says Bitcoin Has Reached ‘Escape Velocity’ appeared first on The Daily Hodl.
Pantera Capital CEO Dan Morehead thinks the US will have a “rational policy on blockchain” regardless of who wins November’s presidential election. In a recent newsletter, Morehead points to Vice President Kamala Harris’ decision to mention the blockchain sector in a speech last week. At a campaign event in Pittsburgh on September 25th, Harris spoke […]
The post Pantera Capital’s Dan Morehead Says US Will Have Rational Blockchain Policy Regardless of Who Wins Election appeared first on The Daily Hodl.
Hedge fund Pantera Capital says one project, which is the firm’s “largest investment ever,” has an opportunity to bring crypto to the masses. In a new post, Pantera CEO Dan Morehead says that Toncoin (TON), the layer-1 blockchain network originally designed by the messaging platform Telegram, has a major advantage over other projects in building […]
The post Dan Morehead’s Hedge Fund Pantera Capital Says Largest Investment Can ‘Bring Crypto to the World’ appeared first on The Daily Hodl.
When it comes to Bitcoin (BTC), Berkshire Hathaway’s Charlie Munger has got it wrong, according to crypto investor Dan Morehead. In a new letter to investors, Morehead responds to Munger’s comments about Bitcoin in a recent interview with the Wall Street Journal. Munger said that the creation of Bitcoin – which he calls “an artificial […]
The post Investing Legend Charlie Munger Wrong About Bitcoin, According to Pantera Capital’s Dan Morehead – Here’s Why appeared first on The Daily Hodl.
Crypto veteran Dan Morehead says Bitcoin (BTC) is in a bull market and is laying out a timeline for how long it could last. In a new open letter to investors, Morehead, who oversees $4.2 billion worth of assets at Pantera Capital, says that Bitcoin’s market cycles are nearly “alien” in their similarity. Morehead says […]
The post Pantera Capital’s Dan Morehead Forecasts Bitcoin Bull Market Cycle, Says Current Rally Should Last Till November 2025 appeared first on The Daily Hodl.
Pantera Capital founder Dan Morehead is forecasting an incoming correction in equities markets and a relative outperformance of crypto assets. Morehead says via social media platform X that he believes the S&P500 is “massively overvalued” and due for a 23% fall. The investor, who oversees $4.2 billion worth of assets at Pantera, says the Federal […]
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Bitcoin posted a classic "Uptober," but risk assets across the board risk a serious contraction, forecasts warn.
Bitcoin (BTC) will “reassert” itself to deliver over 100% annual BTC price gains, says one of the crypto industry’s major proponents.
In an interview with CNBC airing Oct. 5 and published Oct. 31, Dan Morehead, CEO of hedge fund Pantera Capital, predicted continued crypto expansion.
Bitcoin closed October up 29%, seeing its second best month of 2023 and returning to 18-month highs in the process.
Eyeing macroeconomic conditions, however, Pantera’s Morehead and others are concerned about another risk asset class — what he describes as “massively overvalued” stocks.
“Equities are overvalued because the P/E is the same level it was when rates were falling, but now rates are much higher and rising,” he told CNBC.
“If you took the 50-year average equity risk premium with a 5.00% 10-year note, equities should be 23% lower than today.”
Morehead referred to changing macro conditions in the U.S., with interest rates at their highest in over twenty years.
“I’m not saying -43% is going to happen overnight, but we have to keep in mind there have been two 13-year periods where equities were flat – in the 2000s and in the 70’s, 80’s,” he continued on the topic.
“We could easily see that again.”
Despite the grim prognosis, Morehead was complimentary of both Bitcoin and largest altcoin Ethereum (ETH), predicting the former to more than double every year, in line with average performance to date.
“Bitcoin has a 14-year trend growth of 145% a year,” he stated.
“That’s my generic forecast – it will re-assert its trend and will more than double every year.”
The good times for BTC price performance may only follow a fresh bout of pain for hodlers.
Related: Bitcoin beats S&P 500 in October as $40K BTC price predictions flow in
Prior to the 2024 block subsidy halving, some are concerned that a major retracement could enter.
For Filbfilb, co-founder of trading suite DecenTrader, the timing will likely focus on a month before the halving — around March next year.
A month before or so seems the meta.
— filbfilb (@filbfilb) November 1, 2023
Should this come as a result of an equities comedown, the scenario is not clear cut.
As Cointelegraph reported, Bitcoin has nonetheless managed to ditch its positive correlation to stocks, something which research firm Santiment this week called a classic early bull market signal.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
