• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news today, price & technical analysis
Price & Market
Cap Data from
Nomics Logo
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • TradeeToro
  • Gamble +Try
  • Play GamesTry
  • BUY BITCOINTry
No Result
View All Result
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • TradeeToro
  • Gamble +Try
  • Play GamesTry
  • BUY BITCOINTry
No Result
View All Result
NewsBTC
No Result
View All Result
Price & Market
Cap Data from
Nomics Logo
Home Cryptocurrency news Blockchain

Pantera Capital CEO: Crypto Fundamentals are Much Stronger than in 2014-15

Rick Delafont by Rick Delafont
2 years ago
in Blockchain, Cryptocurrency news
Reading Time: 3min read
Pantera Capital CEO: Crypto Fundamentals are Much Stronger than in 2014-15
Advertisement
Listen to Article

The CEO of blockchain investment fund Pantera Capital has stated that is much more confident that cryptocurrency is here to stay in this bear market than he was during the last prolonged downtrend in prices. Dan Morehead stated that his optimism stems from the blockchain and digital asset space being in a much better position fundamentally than it was in 2014 and 2015.

Morehead also shed light on what his fund is currently investing in – largely scalability, fiat on-ramps, and remittance services. This marks a shift from 2018, when the majority of Pantera’s investments were being made in ICOs.

Morehead: We Now Have the Conditions for Institutional Cash to Flow into the Crypto Market

Speaking with journalist Laura Shin on her Unchained podcast, CEO of Pantera Capital, Dan Morehead, revealed his thoughts on the current bear market, the future of cryptocurrency, institutional interest in the space, and what his fund was investing in this year.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

The interview started with Morehead stating that he was no longer worried about whether blockchain was here to stay or not as he was during the 2014-15 bear market. His reasoning for this is that the fundamentals of the industry are far stronger than they ever have been. He also joked about the reappearance of a certain cryptocurrency community member being a possible signal that the “crypto winter” could be drawing to an end:

“I think the underlying fundamentals are much much stronger than they were in the 2014-15 crypto winter and it might be a coincidence but it’s funny that Craig Wright pops up at the end of crypto winters.”

After a quick laugh, Shin steered the interview back towards these improved fundamentals mentioned by Morehead. He replied by stating that the industry now had the necessary conditions for institutional money to move into the market en masse for the first time:

“Institutional investors really want to have a custodian that’s well-known and regulated. We really haven’t had that in the past.”

The CEO explicitly mentioned solutions to the institutional custody problem being launched by both Fidelity Investments and Bakkt as examples of these improved fundamentals.

Fidelity caused excitement when it announced its crypto custody solution

Interestingly, Morehead went on to state that in his experience institutional investors were much like retail investors in that they need to see prices begin to swing upwards before they are comfortable investing in an industry. He recounted examples from his own fund from back in 2013. There was very little interest in Pantera when prices were around the $65 level but when they topped out at over $1,000, everyone wanted to take up positions. Morehead believes that this will be the case during the next bull market only with greater capital.

The conversation then moved onto Pantera’s own previous investments in the space and those it planned to make going forward. Morehead stated:

“We invest across the entire spectrum. We invest in pre-auction ICOs and liquid blockchains and venture. That has changed dramatically over the last few years…”

He continued, stating that ICOs were the hot investment for Pantera during 2018. This year, it is likely that most capital allocation will be venture-focused.

Shin then asked Morehead to comment on what he predicted to be the trends in the blockchain and crypto space over the next year. He replied stating that scalability, cross-border money movement, portfolio management, and fiat on-ramps were important areas that Pantera is focusing on.

Finally, Shin pressed the CEO for a timeline for scalability:

“There are a dozen different approaches being taken… I am very confident a couple of them will work. Over the next couple of years, I think you’re going to see blockchains able to scale at least 100x.”

He went on to state that he found said complaints about scalability to be the equivalent of people complaining that they couldn’t stream Netflix on their phone in the 90s.

 

Related Reading: Pantera Exec: Crypto Market Close to Bottom, Tenfold Increase Possible With Scalability

Featured Images from Shutterstock.
Tags: cryptocurrencyDan MooreheadInstitutional interest
TweetShare49
Nexo Logo
BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner? Win up to $1,000,000 in One Spin at CryptoSlots
Rick Delafont

Rick Delafont

Based in Europe, Rick has written about the cryptocurrency industry since 2016. He was first drawn to Bitcoin as a means of payment but quickly became fascinated by its wider potential implications. His interests lie in the political, economic, and social impact of the unfolding digital asset revolution.

Related Posts

Bitcoin, cryptocurrency, BTCUSD, BTCUSDT

Trouble for Bitcoin as 3 On-Chain Indicators Point to Potential Sell-Offs

18 hours ago
Bitcoin, cryptocurrency, BTCUSD, BTCUSDT

Severe Liquidity Shock Ahead for Bitcoin Market, Warns JPMorgan

20 hours ago
regulations

Crypto Exchanges: Slow Shift to Classic Financial Industry Regulations?

21 hours ago
defi

11 DeFi Projects Rumored to Be Airdropping Tokens

1 day ago
Nimbus: The Next Big Thing in DeFi

Nimbus: The Next Big Thing in DeFi

2 days ago
ILCOIN

Age of ILCOIN: A Revolution in The Merger of VR With Blockchain-Based Gaming

2 days ago

Premium Partners

Top Brokers

eToro

eToro

Review · Visit
Changelly

Changelly

Review · Visit
Evolve Markets

Evolve Markets

Review · Visit
ArbiSmart

ArbiSmart

Review · Visit
PrimeXBT

PrimeXBT

Review · Visit
Moneta Markets

Moneta Markets

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
CryptoSlots

CryptoSlots

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bonusfinder DE

Bonusfinder DE

Review · Visit
Bspin

Bspin

Review · Visit
Wolf Bet

Wolf Bet

Review · Visit

Top Sportsbooks

1xBit

1xBit

Review · Visit

Press Releases

Coinbase Custody to Support Dvision Network (DVI)

January 26, 2021

A New Year – New Opportunities in Crypto

January 26, 2021

1xBit Introduces New Live Casino Tournament DEAL OR NO DEAL

January 26, 2021

Newsletter Signup


ABOUT US

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Auto Trading Software ▸

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2020 NewsBTC. All Rights Reserved.

  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Trade
  • Gamble +
  • Play Games
  • BUY BITCOIN

© 2020 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.