Pantera Capital

Tim Draper, Pantera Capital back new crypto derivatives exchange

Some of the biggest names in blockchain have thrown their weight behind a new cryptocurrency derivatives exchange, signaling that the next bull market could be driven by institutional investors. Crypto derivatives platform Globe has raised $3 million in seed investments to launch its Globe Derivative Exchange. The new platform is aimed at bringing institutional investors …

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Y Combinator, Pantera Back $3M Investment in New Crypto Derivatives Exchange

A new crypto derivatives exchange, Globe, is looking to step up to the plate following crackdowns on BitMEX, the growth of decentralized finance (DeFi) and a surge in the price of bitcoin. The platform announced Friday a $3 million funding round from the likes of Pantera Capital, Y Combinator, Tim Draper and others. “We’re seeing …

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Pantera says they’re placing a heavier bet on DeFi than the rest of the market

In an October 6 webinar, Pantera Capital disclosed that their Digital Asset Fund intends to invest more heavily into DeFi assets than the rest of the market.  Source: Pantera Capital. Pantera’s co-chief investment officer, Joey Krug said that unlike other funds that allocate most of their portfolios to stores of value like Bitcoin (BTC), his …

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Ex-Pantera Partner’s New Crypto Fund Is ‘Not for the Faint of Heart’

Paul Brodsky, a former partner at storied crypto investment firm Pantera Capital, has left to launch a hedge fund aimed at volatility plays across cryptocurrencies and traditional assets. Brodsky’s new fund, PostModern Partners, will open in 2021 with a focus on high-risk, high-return blockchain investment opportunities, according to a source familiar with the matter. It …

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Pantera Capital Has Raised 3x More This Year Than It Did in 2019

Pantera Capital, a crypto investment firm that has $600 million under management, had a very good year, but still not as good as 2018. According to a recent SEC disclosure, Pantera Venture Fund III has raised $164,705,834 to date — and a whopping $68,841,379 of that has come over the last twelve months. While the …

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Pantera Capital Leads $2.6M Seed Round for DEX Protocol Injective

Injective Protocol, a decentralized derivatives exchange protocol incubated by Binance Labs, has raised $2.6 million in a seed funding round. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital …

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Halving Sell-Off Temporary, BTC to Hit $20,000 by Year End, Says Billionaire Investor Novogratz

Bitcoin (BTC) may not have pumped at the scale expected by many halving optimists, but Wall Street billionaire Michael Novogratz insists that the price will hit $20,000 by year-end. The Galaxy Digital founder and chief executive officer on Monday told CNBC that bitcoin’s surge was inevitable in light of the record money printing by world …

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Bitcoin to Peak at $115,000 by August Next Year, Says Pantera Capital CEO

Pantera Capital chief executive officer Dan Morehead has predicted a 50% chance the price of bitcoin (BTC) will hit $115,000 by August next year. In a recent letter to investors, Morehead said: “If the new supply of bitcoin is cut in half (with the May 12 halving), all else being equal, the price should rise.” …

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