Pantera Capital Founder explains how a Bitcoin maximalist bias led to the biggest mistake of his investor career. Dr. Steven Waterhouse, a founding partner of Pantera Capital, says that his biggest regret as a VC is not investing in the Ethereum (ETH) Initial Coin Offering (ICO), but he learned his lessons from his mistake. Waterhouse […]
Continue Reading
Bitcoin suffers a “halving dump” after testing $10,000, what the event means for miners, and the latest predictions of where prices will be in 2021 and beyond. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading […]
Continue Reading
Sentiment seems to be leaning to a big upside for Bitcoin following the looming block reward halving. Hype is steadily building across the wider cryptocurrency community as the looming Bitcoin mining reward halving draws closer. As the world grapples with the heavy economic downturn spurred on by the ongoing global coronavirus pandemic, the value of […]
Continue Reading
Miners are hoarding most of the Bitcoin they mine ahead of the halving, showing they expect a much higher price after the event. Miners have sold less Bitcoin (BTC) over the past seven days as the highly anticipated block reward halving approaches. This means that miners expect the price of Bitcoin to increase substantially over […]
Continue Reading
Most major cryptocurrencies are stuck in a tight range awaiting direction from Bitcoin. Pantera Capital Founder and CEO Dan Morehead is bullish on Bitcoin (BTC) due to the upcoming halving as he believes that “if the new supply of Bitcoin is cut in half, all else being equal, the price should rise”. If history were […]
Continue ReadingIn a letter to Investors, CEO Dan Morehead examined the YTD performance of Bitcoin prior to the May 12 rewards halving. Pantera Capital Founder and CEO Dan Morehead has predicted there is more than a 50-50 chance Bitcoin goes up “and goes up big”, with a predicted peak of over $500,000 in August 2021. The […]
Continue ReadingPerformance since February currently circles 0.6% gains, providing proof that Bitcoin really can preserve wealth in a crisis, says Travis Kling. Bitcoin (BTC) has in fact functioned very well as a store of value before the coronavirus crisis, raw data suggests. In a Twitter discussion on May 1, Travis Kling, head of crypto hedge fund […]
Continue Reading
Blockchain technology is becoming more and more common in the traditional finance market with stablecoins and CBDCs — could these bring stability for the crypto industry? Stablecoins have become widely popular in the digital currency industry because they don’t have the volatility associated with other cryptos like Bitcoin (BTC) for instance. Despite their popularity, the […]
Continue Reading
The organizers of an online poker game aim to raise thousands of dollars to support charities fighting the coronavirus. The crypto community is rallying around the charge to fight COVID-19, with a variety of initiatives raising money to fight the pandemic and support charities on the front lines of the battle. The most recent: an […]
Continue Reading
Binance Research has found a correlation between Bitcoin and US equity indexes in the first quarter — but predicts it won’t last for long. In a new report Binance Research found a ‘moderate’ positive correlation between Bitcoin and US equities during the first quarter of 2020 — but neither was correlated to gold. Bitcoin was […]
Continue Reading