#pantera capital
6 articles found
Latest
Pantera Capital: it’s not too late to get into crypto
Bitcoin’s push to fresh highs has many newcomers wondering if they missed the boat. Pantera Capital’s Cosmo Jiang says they haven’t. In a CNBC Fast Money interview, he pointed to survey data showing a majority of investors still hold no digital assets – a sign that adoption is early, not late. 
In a move by the bankrupt exchange FTX, between 25 to 30 million SOL tokens have been sold to Galaxy Trading and Pantera Capital for $64 each, according to anonymous sources cited by Bloomberg. This transaction is valued between $1.6 to $1.92 billion, though the exact date of the sale remains undisclosed. 
Investment fund Pantera Capital has forecasted a boost in Bitcoin's price following the forthcoming halving in April 2024, a pattern observed in the past.
With historical trends as a basis, they anticipate Bitcoin will hit $35,000 before the halving and surge to $148,000 by 2025.
Decisive events, like a positive court verdict for XRP and the greenlight for BlackRock's spot Bitcoin ETF, are expected to shape these potential outcomes. 1 - 6 of 6 results