Everyone has eyes for Bitcoin going to six figures, but Pantera Capital Management is looking at ones other than $100,000.
The firm’s CEO says BTC will make it past $700,000 before April 2028 based on historical trends and the reelection of the very pro-crypto Donald Trump.
“Even after 11 years, Bitcoin is still squeezing up like a watermelon seed,” Pantera CEO Dan Morehead wrote. “Blockchain’s 15-year regulatory headwinds are now turning into tailwinds.”
Bitcoin Price Could Hit $740,000 by 2028: Pantera Capital CEO
Pantera CEO Dan Morehead wrote that Bitcoin could skyrocket as institutional investors, regulators, and lawmakers warm up to digital assets.
🎮️ GG: 'Moonray' Gives Away 220K NFTs in OpenSea’s Largest Gaming Mint
OpenSea users snagged scads of free Base NFTs for Moonray, making it the platform’s biggest gaming mint ever.
🤖 EMERGE: BlueSky Sees Surge in New Users and Child Sexual Abuse Material
Swelling numbers for the decentralized social platform BlueSky have brought a wave of harmful content, leading to attempts to moderate it.
🎭️ SCENE: Art Blocks NFT Project Takes 'Major Leap Forward' on Ethereum
Roughly 90% of Art Blocks pieces will now be viewable on Ethereum in perpetuity, without the backend support of the company.
📚 Dive Deeper
📹️ WATCH: Truth Terminal & the AI Meme Coin Revolution
Creators of artificial intelligence agents Truth Terminal, Fi (also known as AI with daddy issues), and MycelialOracle (aka S.A.N.) chat to Decrypt about getting wrapped up in the world of meme coins.
BTC recovers after $600m liquidations. Options show BTC has 50% chance for $100k in 2024. BTC could drop lower before $100k: StanChart. Brazil congressman proposes $18bn BTC reserve.
🎓️ LEARN: What Are Coin Mixers and How Do They Work?
Coin mixers like Tornado Cash have faced sanctions for aiding money laundering, but advocates argue they have legitimate use cases.