Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • Email Alerts
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • Email Alerts
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Mass Adoption Will Drive Bitcoin Up 10x in Price by 2025, Says Pantera Capital CEO Dan Morehead

by Daily Hodl Staff
March 19, 2022
in Bitcoin

The chief executive of a crypto-focused hedge fund thinks mass adoption could drive the price of Bitcoin (BTC) up to $400,000 in as little as three years.

Pantera Capital CEO Dan Morehead says in a new interview with Bloomberg TV that BTC’s price appreciation is based on basic “Econ 101 Supply and Demand.”

“Every two years, 10 times more people use cryptocurrency than they did in the past, and that’s been going on for a decade. Every two years, it’s 10 times more. And every two years, the price of crypto’s gone up 10x. And to my mind, it’s that simple that within the next 5-10 years, almost everyone with a smartphone will use cryptocurrencies, and if that’s true, they’re going to be at a much higher price.”

Morehead also unveils the catalysts that he thinks will drive Bitcoin’s price to $400,000 by 2025.

“I think it will actually be some number like that. All the use cases that are really rolling out and people are using it. Now institutional investors are really investing in the space, from taking it 10 or 20 basis points to maybe in 10 years, 8% of their portfolio.”

The Pantera Capital head also says that while he’s bullish on BTC, he thinks “most of the new innovation is in other things” in the crypto space.

Bitcoin is trading at $41,706.10 at time of writing, up more than 3% in the past 24 hours. The top-ranked crypto asset by market cap is up more than 6% from where it was priced one week ago.

Check Price Action

Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

 
Check Latest News Headlines


 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/neonabdrawn22/PurpleRender

Submit a Press Release

Industry Announcements

  • Anonymous Turns to CultDAO for Support Against Unjust Government Actions
    May 12, 2022
  • Bnext Receives Additional $4.5 Million Investment, Led by Borderless Capital To Drive DeFi on Algorand
    May 12, 2022
  • Lina Valentina’s ‘No More’ NFT Collection Denounces Domestic Violence
    May 11, 2022
  • Cake DeFi Enters Into Esports With Competitive Gaming Platform FACEIT
    May 10, 2022
  • Introducing YUSE, the Ultimate Multi-Utility Token
    May 10, 2022
  • HUMAN Protocol Foundation Awards Grant to VeritaTrust To Build On-Chain Rewards for Reviews
    May 10, 2022
  • NUS Computing Joins Forces With TZ APAC To Develop Singapore’s Next Generation of Tech Innovators
    May 10, 2022
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$29,512.00
$29,512.00
1.73%
Ethereum
$2,005.63
$2,005.63
2.99%
BNB
$293.82
$293.82
1.89%
Cardano
$0.552435
$0.552435
0.02%
XRP
$0.415085
$0.415085
2.46%
Dogecoin
$0.086924
$0.086924
2.58%

Spotlight

  • After TerraUSD (UST) Depegging, Macro Guru Raoul Pal Says Stablecoin Regulation Could Be Coming
    May 10, 2022
  • Here’s the Worst-Case Scenario for Crypto Markets Amid Bitcoin (BTC) Crash, According to Analyst Benjamin Cowen
    May 13, 2022
  • Economist Alex Krüger Says These Two Conditions Could Solidify Bitcoin (BTC) Bottom at $30,000
    May 11, 2022
  • Two Ethereum-Based Altcoins Erupt in Defiant Rallies, Outrunning Bitcoin and Crypto Markets in Week of Wild Volatility
    May 14, 2022

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2022 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • Email Alerts
  • DAILY HODL MIX

© 2022 The Daily Hodl