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    Home»Crypto News»Pantera Capital’s Dan Morehead Says He’s ‘So Bullish’ on Crypto Amid Regulatory Overhaul – Right here’s His Forecast – The Day by day Hodl
    Pantera Capital’s Dan Morehead Says He’s ‘So Bullish’ on Crypto Amid Regulatory Overhaul – Right here’s His Forecast – The Day by day Hodl
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    Pantera Capital’s Dan Morehead Says He’s ‘So Bullish’ on Crypto Amid Regulatory Overhaul – Right here’s His Forecast – The Day by day Hodl

    By Crypto EditorFebruary 12, 2025No Comments3 Mins Read
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    The CEO of funding agency Pantera Capital says he’s extra bullish than ever on crypto as a result of shift within the regulatory setting.

    On the 2025 Ondo Finance Summit in New York, Dan Morehead says that lack of regularity readability on digital property in the USA has held the crypto market again, however he thinks there’s now potential for enormous development.

    He anticipates the US will begin rolling out clearer laws that might be bullish for digital property as a result of election of not solely pro-crypto President Trump but additionally pro-crypto members of Congress.

    “We’ve been so repressed by the worry of regulation or the shortage of certainty. I believe everybody in our business sort of has Stockholm syndrome proper now. We’re so used to being afraid of the federal government and of not attempting to do something. And I’ve been on boards of huge exchanges, and it’s so scary to checklist something.

    The rebels simply threw the gates open and there’s solar beaming in, and we’re all simply nonetheless sitting there like too afraid to be excited that it’s a brand new period. The market’s solely up 25% or one thing for the reason that election. I believe it ought to have doubled. So I’m so bullish, as a result of the regulation within the US was sort of the final scary factor or unhealthy factor about crypto. It’s going to get extra readability. It’s going to be extra optimistic.”

    He additionally says that the latest election outcomes have despatched a transparent message that voters are in favor of pro-crypto insurance policies.

    “The large change is there have been 58 contested elections in Congress that the pro-crypto political motion committees competed in. Fifty-four of the anti-crypto folks left Congress. No one’s going to say something unhealthy about crypto in Congress once more. And I believe that’s large, and so I’m as bullish as ever.”

    Morehead believes the regulatory readability will result in larger funding and extra innovation within the crypto area, beginning this 12 months.

    “And I believe the query of inflection factors is, it was sort of scary for like a public pension plan to put money into crypto two or three years in the past. You bought the SEC (U.S. Securities and Alternate Fee) suing Coinbase and Ripple Labs and all these nice firms. In order that’s the large change, it’s going to flip from very scary, to most likely actually optimistic. And so 2025 I believe goes to be probably the most fascinating years.”

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    Pantera Capital’s Dan Morehead Says He’s ‘So Bullish’ on Crypto Amid Regulatory Overhaul – Right here’s His Forecast – The Day by day Hodl

    Disclaimer: Opinions expressed at The Day by day Hodl usually are not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal danger, and any losses you might incur are your duty. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Day by day Hodl an funding advisor. Please notice that The Day by day Hodl participates in affiliate internet marketing.

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