Tag: Panteras

Pantera’s $1.25B SOL Bet: Analyst Sees Solana Hitting $300

Key Notes Pantera Capital aims to raise $1.25B to build a Solana-focused treasury vehicle. Institutional giants like Galaxy Digital and Jump Crypto plan a $1B Solana treasury initiative. Ali Martinez keeps his $300 target, citing support at $176 and resistance at $207. Solana SOL $189.3 24h volatility: 5.3% Market cap: $102.44 B Vol. 24h: $9.95 B turned bearish alongside the broader market in the past 24 hours, dropping 7% and trading at near $189. Despite the dip, prominent analysts are confident in the token’s long-term trajectory. Interestingly, the surge in…

6 Predictions for Crypto in 2024: Pantera’s Paul Veradittakit

As we reach the end of 2023, we have perhaps made it through the worst of the bear market, turning over the page on the series of brutal collapses that we have seen over the past year and a half, and ready to begin exploring novel use cases. Today, we’re at an inflection point, where crypto is no longer solely about financialization, but rather a broader idea of how we redefine consumer, social, and developer experiences using blockchains. I’m very excited to see what 2024 holds for the future of…

Ripple Strengthens Its European Presence with Acquisition of Pantera’s State at Bitstamp Crypto Exchange in Q1

XRP price gained more than 34% YTD to trade around $0.45 as Ripple widens its portfolio in Europe. Following a string of hostile crypto regulatory frameworks in the United States and the lack of goodwill from the Securities and Exchange Commission (SEC) to stop enforcement actions, digital assets firms have opted to diversify through Europe or other friendly markets. Already, several centralized exchanges – including Gemini Trust Company LLC and Coinbase Global Inc (NASDAQ: COIN) – have shifted focus to seeking regulatory approvals in crypto-friendly markets like the European Union.…

VC Firm Pantera’s 2023 Crypto Forecast Says the Future Is DeFi

Krug sees the “end state” of crypto as a world where the “average person will have apps on their phone that give them access to DeFi, where they’ll be able to engage in financial transactions without banks/brokers, with lower fees, global liquidity and markets operating 24/7.” However, Krug wrote, achieving this end state requires solutions to a number of current problems that break down into two categories: increasing liquidity in DeFi and making DeFi easier to use, particularly for those new to crypto. Source

Pantera’s Paul Veradittakit’s Crypto Growth Predictions for 2023: DeFi, ZK Tech, NFTs, More – Crypto 2023

However, the year definitely did see expansion in utility, gaming, and music NFTs, as well as creative new applications for utility NFTs, such as soulbound tokens, token-gated communities and events, and co-ownership mechanisms. In addition, 2022 saw the launch of Sudoswap, a novel and permissionless NFT exchange for trading NFTs via an AMM design. The royalty-free platform saw more than 7,000 transactions in one day at its peak in August, representing over $3 million. Uniswap also recently introduced NFTs on their platform with an aggregator that supports OpenSea, Sudoswap, and…