Latest news with #DanMorehead
CNBC
22-05-2025
- Business
- CNBC
Pantera Capital CEO expects 'wave' of crypto companies to go public in next 6 months
Dan Morehead, founder and CEO of crypto hedge fund and venture capital firm Pantera Capital, sits down with CNBC's MacKenzie Sigalos at the crypto conference Consensus 2025.
The Market Online
07-05-2025
- Business
- The Market Online
Consensus, crypto's most influential event, is only one week away
Consensus, dubbed crypto's most influential event, will hold its 2025 conference from May 14-16 at Toronto's Metro Convention Centre, gathering an estimated 15,000 attendees from over 100 countries, plus institutions representing trillions in assets under management, to give shape to the industry's leading edge. The conference, active since 2015, will feature leading minds creating value in blockchain, Web3 and artificial intelligence, with eyes on fostering collaboration at a time of increasing industry interest driven by the United States Bitcoin and digital asset reserve, the worsening crisis of the unbanked, as well as growing retail and institutional adoption unleashed by the Securities and Exchange Commission's legalization of Bitcoin ETFs in 2024. This year's well-rounded agenda includes presentations, panel discussions, a hackathon and a broad selection of side events to flex your networking skills and generate deal flow. Here are the highlights: Notable speakers Dan Morehead, Founder and CEO of Pantera Capital, which manages US$5.7 billion in blockchain-based strategies across passive, hedge and venture, as part of the Crypto OGs Talk Macro panel (May 14). Robert Hines, Executive Director of the President's Council of Advisors for Digital Assets, who will speak about the United States' crypto strategy (May 14). Charles Hoskinson, a co-founder of Ethereum, the second-largest crypto project in the world by market capitalization at over C$294 billion, as well as Cardano, the 10th largest, at almost C$32 billion, in a discussion about the fourth generation of crypto (May 14). Eric Trump, son of United States President Donald Trump, presenting his American Bitcoin venture in partnership with Hut 8 (May 15). Kevin O'Leary, aka Mr. Wonderful, Chairman of O'Leary Ventures and a well-known crypto investor, who will deliver a keynote speech and participate in a discussion about crypto's next chapter (May 15). Dave Portnoy, Founder of Barstool Sports, who will delve into the creation of his digital media empire (May 15). Notable presentations Crypto Lawyer Roundtable: Where Does Crypto Regulation Go From Here? (May 14). Crypto and Credit: A Match Made in Heaven (May 14). The Wealth Managers' State of Affairs: Lessons from Financial Advisors with Years of Experience Managing Crypto in the Portfolio (May 15). The Next Gen of Crypto Trading (May 15). The Next Stage of Evolution for NFTs/Memecoins (May 16). Expanding Crypto Access in a Global Market (May 16). With representatives from Coinbase, BlackRock and Google also expected to attend, Consensus offers unique access to crypto's top power players as digital assets gather momentum towards maturation, commanding a total market capitalization of about C$4 trillion at the time of writing, supported by a multi-industry presence backed by decentralization's value-added use-cases. Whether you're actively adding to your crypto portfolio or considering your first allocation, Consensus represents a holistic offering to begin or continue your due diligence on this burgeoning asset class. Click here to buy your pass. Join the discussion: Find out what everybody's saying about Consensus 2025 on Stockhouse's crypto and blockchain bullboards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
Yahoo
20-04-2025
- Business
- Yahoo
Michael Saylor calls for $13 million BTC — Pantera CEO says $745K is ‘realistic'
Dan Morehead, CEO of Pantera Capital, has made one of the boldest predictions yet for the future of Bitcoin in an interview with CNBC in November 2024. He predicted that Bitcoin will reach $745,000. Morehead believes that the world's largest cryptocurrency is 'officially at escape velocity,' and that the idea of Bitcoin ever moving to zero is now impossible. When speaking about the adoption of Bitcoin, Morehead dismissed the more cautious statements he used to say: I used to tell people it could definitely go to zero to try and be, you know, conservative. I don't think it's possible. Now, 50 million people in the US own and 300 million people globally, BlackRock and fidelity are selling it like it'. He was able to provide evidence of this confidence with actual numbers; over 50 million Americans, and over 300 million people globally, now own Bitcoin, while also referencing major asset managers like Fidelity and BlackRock actually selling Bitcoin to their clients. Morehead also mentioned MicroStrategy's Michael Saylor, who recently gave a projected valuation of $13 million per Bitcoin, and said that a 4x increase from current values could put Bitcoin's market cap at $15 trillion. 'That still seems small,' he said, and mentioned now that the total pool of global financial assets is roughly $500 trillion. His takeaway: 'You bet your life, it's not going to zero.' The comments are reflective of a shift in institutional tone, from a cautious optimism to a full-fledged belief, is likely correlated to the fact that Bitcoin's foothold in traditional finance has only deepened. If Bitcoin continues its current growth trajectory — up 33.9% over the past year — and maintains a similar pace, it could realistically reach Dan Morehead's $745,000 target within the next 7–8 years. That's assuming steady compounding growth without major crashes, which is optimistic but not impossible given rising institutional adoption. At 33% annual growth, BTC would roughly 10x in value over 8 years, pushing it toward the $840,000 mark. Morehead's point is that Bitcoin is no longer a fringe asset. With firms like BlackRock and Fidelity offering it to clients and hundreds of millions of users worldwide, Bitcoin is entering 'escape velocity' — meaning it's too big to fail. If financial giants and retail investors continue pouring in, especially as supply gets scarcer after halvings, $745,000 isn't just a wild guess — it could be the next major milestone. Sign in to access your portfolio
