{"id":18929,"date":"2024-11-27T10:10:01","date_gmt":"2024-11-27T08:10:01","guid":{"rendered":"https:\/\/forklog.com\/en\/pantera-capital-predicts-bitcoin-surge-to-740000\/"},"modified":"2024-11-27T10:10:01","modified_gmt":"2024-11-27T08:10:01","slug":"pantera-capital-predicts-bitcoin-surge-to-740000","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/pantera-capital-predicts-bitcoin-surge-to-740000\/","title":{"rendered":"Pantera Capital Predicts Bitcoin Surge to $740,000"},"content":{"rendered":"<p>Bitcoin is &#8220;far from a bubble&#8221; and could reach $740,000 by April 2028 if current growth rates persist, according to a report by <a href=\"https:\/\/panteracapital.com\/blockchain-letter\/1000x-pantera-bitcoin-fund\/\">Pantera Capital<\/a>.<\/p>\n<p>The forecast is based on the current trajectory with an average annual growth rate of 88%.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/1-1324.webp\" alt=\"1-1324\" class=\"wp-image-246123\"\/><figcaption class=\"wp-element-caption\">Data: Pantera Capital.<\/figcaption><\/figure>\n<p>This is &#8220;not such an unimaginable figure compared to $500 trillion in financial assets overall.&#8221; At a price of $740,000, the market capitalization of digital gold would be $15 trillion.<\/p>\n<p>The company is confident that the inauguration of Donald Trump as President of the United States will lead to regulatory clarity for the cryptocurrency industry.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Members of Congress will take a neutral or pro-blockchain stance. [&#8230;] 15-year regulatory headwinds are now becoming tailwinds,&#8221;<\/em> the review states.<\/p>\n<\/blockquote>\n<p>In conclusion, the CEO of Pantera Capital noted that, as a trader at Goldman Sachs, he was a pioneer in instruments such as <a href=\"https:\/\/ru.wikipedia.org\/wiki\/%D0%A6%D0%B5%D0%BD%D0%BD%D1%8B%D0%B5_%D0%B1%D1%83%D0%BC%D0%B0%D0%B3%D0%B8,_%D0%BE%D0%B1%D0%B5%D1%81%D0%BF%D0%B5%D1%87%D0%B5%D0%BD%D0%BD%D1%8B%D0%B5_%D0%B0%D0%BA%D1%82%D0%B8%D0%B2%D0%B0%D0%BC%D0%B8\" title=\"\">ABS<\/a> and emerging market bonds, which eventually became standalone asset classes.<\/p>\n<p>He predicted a similar development for Bitcoin over 10 years ago in a letter to investors.<\/p>\n<p>With a current capitalization of ~$2 trillion, the leading cryptocurrency is already in sixth place in the rankings.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/2-955.webp\" alt=\"2-955\" class=\"wp-image-246124\"\/><figcaption class=\"wp-element-caption\">Data: Pantera Capital.<\/figcaption><\/figure>\n<p>In February, Pantera Capital predicted a rise in Bitcoin <a href=\"https:\/\/forklog.com\/en\/news\/pantera-capital-predicts-bitcoin-surge-to-147000-by-2025\">to $147,000 by 2025<\/a>.<\/p>\n<p>Earlier, analysts at Bernstein identified catalysts for the price increase of the leading cryptocurrency to $200,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin is &#8220;far from a bubble&#8221; and could reach $740,000 by April 2028 if current growth rates persist, according to a report by Pantera Capital. The forecast is based on the current trajectory with an average annual growth rate of 88%. Data: Pantera Capital. This is &#8220;not such an unimaginable figure compared to $500 trillion [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18928,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1146,1296,36],"class_list":["post-18929","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-market-forecasts","tag-pantera-capital","tag-regulation"],"aioseo_notices":[],"amp_enabled":true,"views":"48","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/18929","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=18929"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/18929\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/18928"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=18929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=18929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=18929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}