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Bitcoin Fund Founder Expects Bitcoin’s Rise Just Starter; US$740,000 Possible
Dan Morehead, founder of Pantera Capital, the first company to launch a Bitcoin fund for U.S. investors, said the rise of Bitcoin may only be a starter, Bloomberg reported. While h...
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Bitcoin Fund Founder Expects Bitcoin’s Rise Just Starter; US$740,000 Possible
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Dan Morehead, founder of Pantera Capital, the first company to launch a Bitcoin fund for U.S. investors, said the rise of Bitcoin may only be a starter, Bloomberg reported. While he is optimistic that Bitcoin is still far from being a bubble, a large number of people still have a negative view of the crypto.

Morehead expected Bitcoin to eventually rise to US$740,000, citing Trump and his administration's cryptocurrency-friendly policies as one of the catalysts for the currency's rise.

Related NewsM Stanley: MEITU Sells All Crypto to Focus on Biz/ Shareholder Returns

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