Dan Morehead, CEO of Pantera Capital, said that the crypto market could hit “$40 trln” within ten years
By Kenneth Peterson APR 27, 2018Dan Morehead, CEO of Pantera Capital, said that the crypto market could hit “$40 trln” within ten years BUSINESS, LATEST NEWS, MARKETS 9 Total views No comments
The hedge fund’s first Bitcoin-only fund returned over 25,000 percent when the cryptocurrency hit its $20,000 peak in December 2017. The fund is “very bullish” on the crypto space and and is set up as a long-short fund, believing that current values are at “an order of magnitude or two below the real, fundamental fair value of Blockchain”.