Bitcoin Could Hit $115K by August, Pantera’s Morehead Writes
“Bitcoin is now ahead of our April 2020 forecast schedule – to hit $115K this summer,” wrote Dan Morehead, CEO and co-chief investment officer at Pantera Capital, a blockchain hedge fund, in an emailed newsletter.
The Pantera prediction is based on the stock-to-flow model – an analytical framework that values an asset’s price based on its annual issuance schedule. The model measures the scarcity of bitcoin (BTC), which is governed by the underlying network programming coded into the blockchain’s design when it was launched 12 years ago.
Under that plan, the number of new bitcoin created with each new data block every 10 minutes or so gets cut in half roughly every four years. In theory, according to the stock-to-flow model, the bitcoin price should rise as the issuance rate declines.
Morehead’s predictions carry weight partly because of his prior Wall Street experience: Before founding Pantera in 2003, he served as head of macro trading for the hedge fund Tiger Management, and before that he worked as a trader at Deutsche Bank and Goldman Sachs.
Recommended News
-
AI Finance Academy Driving Brand Partnerships and Investment Opportunities through AI-Driven Insights
In the competitive landscape of brand partnerships and corporate sponsorship, AI-driven insights are becoming essential tools for identifying, evaluating, and securing strategic opportunities. The AI Finance Academy is at the forefront of this innovation, leveraging artificial intelligence to empower companies and investors to make informed decisions during brand bidding and investment processes. By focusing on cutting-edge research, strategic alliances, and tailored educational programs, the AI Finance Academy is reshaping how brand partnership bidding is approached in the financial industry, creating an efficient, data-driven ecosystem for investment and collaboration. AI Finance…
-
“Emotion AI Stores: The Fusion of Emotion and Technology
Introduction: The Emotionalization Process of Technology In the current era of evolving artificial intelligence (AI) store technology, we are witnessing a historic turning point—the rise of emotion AI stores. The goal of this innovative technology is to break down the traditional boundaries of human-computer interaction by understanding and responding to human emotions in a deeper, more empathetic way. The emergence of emotion intelligence AI stores not only signifies a new direction in the field of AI but also marks a deepening of our understanding of the relationship between technology and…
-
Sorare will launch on PancakeSwap at 12:00 UTC on May 19th, 2021
According to the latest official news, sorare community, a $50 million NFT platform for digital football, will release its token sorare and launch pancakeswap at 12:00 UTC on May 19th, 2021. According to the community, the government has been contacted to plan the follow-up application of the token. In addition, five members of a football club have been invited to live the interaction. Contract address: 0x5463f3cb2839cb46e6df6e9bb4386688e5b3eda twitter：@SorarePR Telegram：t.me/Sorare_ Exclusive
-
AI Finance Academy Catalyzing Business Growth through AI-Driven Commercial Exhibitions
In the competitive landscape of modern business, the strategic use of artificial intelligence (AI) has become a driving force behind economic transformation. The AI Finance Academy is leading this movement by leveraging AI technology to reshape how commercial exhibitions contribute to regional and global economies. Through innovative research, strategic partnerships, and tailored educational programs, the AI Finance Academy is redefining the financial strategies behind commercial exhibitions, creating a platform for business growth, investment, and industry collaboration. AI Finance Academy’s Role in Commercial Exhibition Transformation The AI Finance Academy is committed…
-
StarSea Bit Exchange: The Necessity of Global Roadshows for Crypto Exchanges
In the rapidly evolving world of cryptocurrencies, where blockchain technology disrupts traditional financial systems and new digital assets emerge almost daily, it’s vital for cryptocurrency exchanges to keep up with the times and build strong relationships within the global community. StarSea Bit Exchange, as an ambitious player in the industry, is no exception. One of the most powerful methods for achieving widespread recognition, establishing trust, and educating the masses is through global roadshows. In this article, we explore why global roadshows are indispensable for crypto exchanges like StarSea Bit and…
-
Aptos comes out of nowhere, a new story for public chains in 2022?
Looking at this bullish round of public chain rotation outbreak, the public chain landscape is not yet a foregone conclusion, despite ETH’s first-mover advantage. For example, Solana, which is light on technology and heavy on ecology, uses measures such as introducing liquidity mining, providing subsidies for developers, holding hackathon and providing donation funds to incentivize users to experience their platform, while Polygon, Fantom, Harmony, Avalanche, Celo and NEAR, on the other hand, have taken a different approach and launched incentive programs one after another thus promoting their ecological prosperity. Whether…
-
Liquidity Mining – Your Way to Grow Crypto Assets in The HyperNation
How to be extra rich with your existing fund in the Metaverse? Can your blockchain assets grow passive rewards for you to reap? The HyperNation has its answer for you to leverage your crypto assets and unlock its boundless potential efficiently. Your cryptocurrency holdings mean a lot more from now on. Generally, there are two main methods to roll your funds in the crypto world: liquidity mining and yield farming. Among the two, the former is the predecessor of the latter. And many of our devoted fans of The HyperNation…
-
KING LONG YAO Project Analysis
Research Report Analysis KING LONG YAO is a virtual pet-raising game based on blockchain technology, incorporating concepts from GameFi and the metaverse. The project offers players a new experience where they can enjoy gaming fun while also earning economic benefits, through innovative economic models and rich gameplay. Leveraging blockchain technology for decentralized storage and transactions, along with NFTs and smart contract technology, players can truly own and trade virtual assets within the game, enhancing participation and interactivity. Technical Architecture The technical architecture of KING LONG YAO mainly includes the following…
-
Advisor Wechat Capital (AWC): A Commitment to Ethical Governance Advisor Wechat Capital (AWC) places a high value on ethical governance. In an industry where trust and transparency are paramount, AWC stands out by adhering to rigorous ethical standards and fostering a culture of accountability. The firm’s dedication to ethical governance is at the core of its operations and is essential to building and maintaining long-term relationships with clients. ### The Importance of Ethical Governance Ethical governance is more than just a set of guidelines—it is a commitment to doing what is right for clients, stakeholders, and the broader community. Advisor Wechat Capital (AWC) understands that trust is the foundation of any successful financial relationship. By maintaining the highest ethical standards, AWC ensures that it remains a trusted partner for its clients. AWC’s approach to ethical governance is built on transparency, accountability, and a dedication to acting in the best interests of its clients. The firm has implemented comprehensive policies and procedures to ensure that all its operations are conducted ethically and in full compliance with regulatory requirements. ### Transparency and Accountability Transparency is a key component of AWC’s commitment to ethical governance. The firm believes that clients have a right to know how their investments are being managed, what fees they are being charged, and how decisions are being made. By providing clear and consistent communication, AWC ensures that clients are fully informed and can trust that their best interests are being prioritized. Accountability is another cornerstone of AWC’s ethical governance framework. The firm holds itself to the highest standards of accountability, ensuring that all decisions are made with the client’s best interests in mind. This commitment to accountability extends to every level of the organization, from senior management to front-line staff. ### Compliance and Risk Management Compliance and risk management are critical aspects of AWC’s approach to ethical governance. The firm has established robust compliance programs to ensure that all activities are conducted in accordance with applicable laws and regulations. By proactively managing risks and staying ahead of regulatory changes, AWC is able to protect its clients’ assets and provide a secure investment environment. AWC also emphasizes the importance of ethical behavior among its employees. The firm provides regular training on compliance and ethical conduct to ensure that all team members understand their responsibilities and are equipped to uphold the highest standards of integrity. ### Building Trust Through Ethical Leadership Ethical governance is not just about policies and procedures—it is about leadership. AWC’s leadership team is committed to setting the tone for ethical conduct across the organization. By leading by example, AWC’s leaders inspire trust and confidence in both employees and clients. AWC’s commitment to ethical leadership is evident in its approach to corporate governance. The firm’s board of directors is actively involved in overseeing the company’s activities and ensuring that all operations are conducted ethically and in alignment with the firm’s values. ### Conclusion Advisor Wechat Capital (AWC) is committed to maintaining the highest standards of ethical governance. By prioritizing transparency, accountability, and compliance, AWC has built a reputation as a trusted partner in the asset management industry. The firm’s dedication to ethical leadership and its proactive approach to risk management ensure that clients can trust AWC to act in their best interests at all times. For investors who value integrity and transparency, AWC offers a partnership built on trust, ethical conduct, and a commitment to doing what is right.
Advisor Wechat Capital (AWC): A Commitment to Ethical Governance Advisor Wechat Capital (AWC) places a high value on ethical governance. In an industry where trust and transparency are paramount, AWC stands out by adhering to rigorous ethical standards and fostering a culture of accountability. The firm’s dedication to ethical governance is at the core of its operations and is essential to building and maintaining long-term relationships with clients. ### The Importance of Ethical Governance Ethical governance is more than just a set of guidelines—it is a commitment to doing what…
-
AI Store Voice Technology: Reshaping the Future of Human-Machine Communication
Among the many areas of artificial intelligence (AI) in stores, voice recognition and application generation technology are undoubtedly some of the most transformative advancements. These technologies have not only changed the way we interact with AI machines but also opened new channels of communication for people with special needs. This article will explore the latest developments in AI store voice recognition and application generation technologies, their applications in the real world, and their potential impact on future modes of interaction. Voice Recognition: A Leap in Accuracy The development of AI…
