10 Takeaways From Dan Morehead of Pantera’s Bloomberg Interview

Takeaways from Pantera's Morehead's Bloomberg interview in late April... this comes a bit late but better late than never.

1. Bullish on cryptos reflected in 85-90% long position (vs. traditional ~60% long of a typical hedge fund) within a 10-20 year time horizon

2. Volatility is much higher than equities due to limited 10-20% of coins/tokens that are actually available for trading

3. Bitcoin 'is a screaming buy' given where it is relative to its 200-day moving average, which has historically given you a 285% return each time it's touched it

4. Bitcoin could be worth 10x or 100x of where it is within 10 years if it does become a store of wealth

5. Bitcoin will set new highs within 12 months

6. Maker and Augur are the most interesting tokens at the moment

7. Icon is Pantera's largest holding

8. Bitcoin is only 10% of Pantera's portfolio

9. Only 10% of Pantera investors are institutional

10. Last step is SEC regulated crypto custodian for institutionals to enter the space, but that will be solved in the next 12 months

Hope that helped folks.