Dan Morehead, the CEO and founder of renowned blockchain venture fund Pantera Capital, argued that the crypto space will be the “best place” to hold capital following the anticipated consequences of an interest rate rise from the U.S. Federal Reserve. Pantera began gathering leaders together in 2014 to encourage the growth of the blockchain system. Pantera aims to focus on the important and exciting areas in the blockchain industry. Investors in the stock and cryptocurrency markets are particularly focused on the Federal Reserve’s potential response to increasing inflation. According to the present logistics, it has hiked up to 7.5 percent this month. Bitcoin and cryptocurrency markets have frequently moved in tandem with stock market patterns; however, Dan Morehead stated in his February 16 newsletter that the Federal Reserves’ “major policy U-turn” brunt will be borne by bonds, stocks, and real estate with respect to raising interest rates. Despite the fact that the crypto market has been in decline since late 2021, the CEO believes that digital assets will be the “best place” to store capital throughout the aftermath of the U.S. Federal Reserves’ actions. “I think our markets will decouple soon. Investors are going to think: bonds are going to get crushed as the Fed goes from the only buyer on Earth to seller. Rising rates will make equities and real estate less attractive.” Morehead raises a critical question about where w...
North Carolina Eyes Crypto for Pension Funds
