fbpx
  • About Us
  • Contact
  • Sponsored Content
  • Price Tracker
  • Write for Us
  • Terms and Conditions
Coin Culture
  • Markets
  • Policy
  • Tech
  • People
  • Business
  • 101 Guide
    • Bitcoin Guide
    • Blockchain Guide
    • Ethereum Guide
    • DeFi Guide
    • Trading Guide
    • ICO guide
    • Bitcoin Cash Guide
    • Ripple Guide
    • NFT
    • Dogecoin guide
  • Hot topics
    • NFT
    • Metaverse
    • Games
    • Forecast
  • Exchanges
    • Crypto Exchange Reviews
      • CoinSpot Review
      • Crypto.com Review
      • Crypto.com Review
      • Swyftx Review
    • Exchange Comparisons
      • CoinSpot vs Swyftx
      • CoinSpot vs Digital Surge
      • CoinSpot vs Coinbase
      • Coinspot vs Binance
      • CoinSpot vs Kraken
      • CoinSpot vs Independent Reserve
      • CoinSpot vs Bitfinex
      • Coinspot vs Plus500
      • CoinSpot vs Bittrex
      • CoinSpot vs BTC Markets
      • CoinSpot Vs Etoro
      • CoinSpot vs Cointree
      • CoinSpot vs KuCoin
      • Crypto.com Vs Coinbase
      • Crypto.com vs Binance
      • Swyftx vs. Independent Reserve
      • Swyftx vs. CoinJar
      • KuCoin vs. Coinbase
No Result
View All Result
Coin Culture
  • Markets
  • Policy
  • Tech
  • People
  • Business
  • 101 Guide
    • Bitcoin Guide
    • Blockchain Guide
    • Ethereum Guide
    • DeFi Guide
    • Trading Guide
    • ICO guide
    • Bitcoin Cash Guide
    • Ripple Guide
    • NFT
    • Dogecoin guide
  • Hot topics
    • NFT
    • Metaverse
    • Games
    • Forecast
  • Exchanges
    • Crypto Exchange Reviews
      • CoinSpot Review
      • Crypto.com Review
      • Crypto.com Review
      • Swyftx Review
    • Exchange Comparisons
      • CoinSpot vs Swyftx
      • CoinSpot vs Digital Surge
      • CoinSpot vs Coinbase
      • Coinspot vs Binance
      • CoinSpot vs Kraken
      • CoinSpot vs Independent Reserve
      • CoinSpot vs Bitfinex
      • Coinspot vs Plus500
      • CoinSpot vs Bittrex
      • CoinSpot vs BTC Markets
      • CoinSpot Vs Etoro
      • CoinSpot vs Cointree
      • CoinSpot vs KuCoin
      • Crypto.com Vs Coinbase
      • Crypto.com vs Binance
      • Swyftx vs. Independent Reserve
      • Swyftx vs. CoinJar
      • KuCoin vs. Coinbase
No Result
View All Result
Coin Culture Logo
No Result
View All Result

Home » Pantera Capital CEO Says Interest Rate Hike ‘Great’ for Crypto

Pantera Capital CEO Says Interest Rate Hike ‘Great’ for Crypto

George Chen by George Chen
July 1, 2022
in People
Man on high mountain looking at interest rate
Share on FacebookShare on Twitter

Pantera Capital CEO Dan Morehead believes that market participants are overlooking a prime opportunity when it comes to the possibility of an interest rate hike. The founder of the leading blockchain venture fund states that if equities and real estate become less attractive, then that would leave digital assets as the best store of value.

You might also like

Shiba Inu Price Prediction 2023-2030: Is SHIB Worth Your Investment?

Elon Musk To Step Down As Twitter CEO, Announces Replacement

Sam Bankman-Fried Using Gifted Alameda Funds To Pay For Legal Defense

Morehead affirms that relative to other asset classes (like bonds, stocks and real estate), the price hike may “actually [be] great for blockchain prices”. A little controversial no doubt, but let’s dive into his reasoning.

Pantera CEO optimistic for interest rate hike

The conversation regarding Morehead’s perspective on the interest rate hike began when he pointed to concerns across the markets over the Federal Reserve’s plan to raise interest rates to combat persistent inflation, which topped at 7.5% this month. Investors are understandably concerned about whether this will affect cryptocurrency prices, which are already rather poor even without this potential crisis factoring in.

Morehead however believes that investors have no need to worry, stating:

“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.”

“So, where does one invest when both stocks and bonds are falling? (Normally they are negatively correlated.) Blockchain is a very legit place to invest in that world,” he continues, going on to state his reasoning being that digital assets (according to him) behave very differently from other assets in the face of rising rates. “Blockchain isn’t a cashflow-oriented thing. It’s like gold. It can behave in a very different way from interest-rate-oriented products.”

Correlation between Crypto and Traditional Finance

For starters, Morehead believes that the recent downtrend for digital assets was likely a result of investors selling parts of their holdings in order to pay taxes (which is due by mid April in the US).

More importantly, Morehead also believes that any correlation between crypto and TradFi won’t last, explaining that the flagship crypto asset will rebound while citing a graphic of BTC’s historical trend over the past 11 years.

Source: Pantera

“I think the markets will be right back.  I think it’s like weeks or a couple of months until we’re rallying very strongly.  We are quite bullish on the market, and we think prices are at a relatively inexpensive place.” He concludes by saying that crypto typically only tends to correlate for about a period of 70 days, before decoupling – which would no doubt leave investors with a clear choice for what to invest in.

Tags: Cryptodigital assetDigital currencyPantera Capital
George Chen

George Chen

Recommended For You

Shiba Inu Price Prediction 2023-2030: Is SHIB Worth Your Investment?

by Lucas N
June 7, 2023
0
Shiba Inu Price Prediction 2023-2030: Is SHIB Worth Your Investment?

Shiba Inu (SHIB) has garnered attention from investors hoping to capitalise on its volatile nature and make quick profits. However, concerns persist regarding SHIB's viability as a long-term...

Read more

Elon Musk To Step Down As Twitter CEO, Announces Replacement

by Van Tran
May 13, 2023
0
Elon Musk To Step Down As Twitter CEO, Announces Replacement

Elon Musk, the CEO of Twitter, has tweeted that he will transition to the executive chair and chief technology officer in around six weeks.  Musk confirmed that he...

Read more

Sam Bankman-Fried Using Gifted Alameda Funds To Pay For Legal Defense

by Van Tran
March 31, 2023
0
Sam Bankman-Fried Using Gifted Alameda Funds To Pay For Legal Defense

Former FTX CEO Sam Bankman-Fried (SBF) reportedly used the millions of dollars he gifted his father from Alameda Research to finance the legal team defending him against federal...

Read more

Do Kwon Charged With Criminal Fraud By U.S. Prosecutors

by Lucas N
March 25, 2023
0
Do Kwon Charged With Criminal Fraud By U.S. Prosecutors

Do Kwon, the founder of Terraform Labs, was charged with fraud by federal prosecutors in New York after his detention by police in Montenegro. Kwon, whose location was...

Read more

Ethereum Co-founder Says ETH Won’t Be Categorised As Security

by Lucas N
February 12, 2023
0
Ethereum Co-founder Says ETH Won’t Be Categorised As Security

Joseph Lubin, the co-founder of Ethereum and cryptocurrency entrepreneur, believes that Ether will not be classed as a security in the United States.  Upon being asked if ETH...

Read more
Next Post
Digital asset code in city

Australia releases its much-awaited plan to be ahead of Singapore, the US and the UK in digital asset

Please login to join discussion

Most popular

  • No AUD for Binance? What are the alternatives?

    No AUD for Binance? What are the alternatives?

    152 shares
    Share 61 Tweet 38
  • Shiba Inu Price Prediction 2023-2030: Is SHIB Worth Your Investment?

    97 shares
    Share 39 Tweet 24
  • 20 Best Crypto Copy Trading Platforms: A Curated List 2023

    312 shares
    Share 125 Tweet 78
  • Guide To Crypto Twitter: Influencers, Traders And Ventures 2023

    1018 shares
    Share 407 Tweet 254
  • Ethereum Price Prediction 2023-2030: Is It A Good Investment?

    106 shares
    Share 42 Tweet 27

Recommended

Solana Price Prediction 2023-2031: Can $SOL Rebound to $50?

Solana Price Prediction 2023-2031: Can $SOL Rebound to $50?

June 8, 2023
Crypto Taxes: What You Need to Know About Reporting Crypto Income

Crypto Taxes: What You Need to Know About Reporting Crypto Income

June 7, 2023
Shiba Inu Price Prediction 2023-2030: Is SHIB Worth Your Investment?

Shiba Inu Price Prediction 2023-2030: Is SHIB Worth Your Investment?

June 7, 2023
SEC Sues Binance In US District Court For Mishandling Billions Of Dollars

SEC Sues Binance In US District Court For Mishandling Billions Of Dollars

June 7, 2023
Facebook Twitter Instagram
coin culture logo

Your Australian news source for all things cryptocurrency. Coin Culture is an independent media outlet that aims to provide an Aussie take on crypto, digital assets, and investing.

Hot Topics

  • DeFi
  • NFT
  • Gaming

Top articles

CoinSpot Review
Swyftx Review
Best Crypto Exchanges Australia
CoinSpot vs Swyftx

BROWSE BY TAG

Adoption Altcoin News Banks Bitcoin Bitcoin News btc Business Cardano Cardano News CBDC China CoinSpot Crypto Cryptocurrencies Crypto Exchange DeFi Dogecoin News El Salvador ETF Ethereum Exchanges Feature FTX Games hacks Markets Metaverse Mining NFT NFT Game Opinion People Policy and Regulation SAM SEC Security Solana Stablecoins Tech Terra Top Crypto News Australia | CoinCulture Trading U.S. US web3

© 2022 CoinCulture. All rights reserved.

No Result
View All Result
  • Markets
  • Policy
  • Tech
  • People
  • Business
  • 101 Guide
    • Bitcoin Guide
    • Blockchain Guide
    • Ethereum Guide
    • DeFi Guide
    • Trading Guide
    • ICO guide
    • Bitcoin Cash Guide
    • Ripple Guide
    • NFT
    • Dogecoin guide
  • Hot topics
    • NFT
    • Metaverse
    • Games
    • Forecast
  • Exchanges
    • Crypto Exchange Reviews
      • CoinSpot Review
      • Crypto.com Review
      • Crypto.com Review
      • Swyftx Review
    • Exchange Comparisons
      • CoinSpot vs Swyftx
      • CoinSpot vs Digital Surge
      • CoinSpot vs Coinbase
      • Coinspot vs Binance
      • CoinSpot vs Kraken
      • CoinSpot vs Independent Reserve
      • CoinSpot vs Bitfinex
      • Coinspot vs Plus500
      • CoinSpot vs Bittrex
      • CoinSpot vs BTC Markets
      • CoinSpot Vs Etoro
      • CoinSpot vs Cointree
      • CoinSpot vs KuCoin
      • Crypto.com Vs Coinbase
      • Crypto.com vs Binance
      • Swyftx vs. Independent Reserve
      • Swyftx vs. CoinJar
      • KuCoin vs. Coinbase

© 2022 CoinCulture. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.
  • bitcoinBitcoin(BTC)$26,623.000.690%
    BITCOIN
    24H : 0.690%
    Volume : $9,843,885,199.00
    Marketcap : $516,438,424,344.00
  • ethereumEthereum(ETH)$1,852.310.470%
    ETHEREUM
    24H : 0.470%
    Volume : $5,457,385,348.00
    Marketcap : $222,657,499,640.00
  • tetherTether(USDT)$1.000.050%
    TETHER
    24H : 0.050%
    Volume : $14,087,137,363.00
    Marketcap : $83,315,726,216.00
  • binancecoinBNB(BNB)$264.251.54%
    BNB
    24H : 1.54%
    Volume : $882,786,342.00
    Marketcap : $41,234,145,334.00
  • usd-coinUSD Coin(USDC)$1.00-0.04%
    USD COIN
    24H : -0.04%
    Volume : $1,863,183,870.00
    Marketcap : $28,430,382,892.00

Add New Playlist