Daily Debrief Newsletter


$107,364.00
-0.12%$2,437.82
0.34%$2.18
-0.28%$649.61
0.43%$149.94
2.76%$0.99986
-0.00%$0.276026
0.70%$0.1637
0.50%$2,435.83
0.32%$0.560276
-0.35%$107,326.00
-0.11%$38.19
3.22%$2,940.41
0.40%$489.38
-1.62%$2.79
2.77%$13.40
2.10%$9.12
0.57%$17.97
1.93%$0.238729
0.30%$0.999704
-0.02%$2.85
-0.05%$47.36
2.46%$0.00001154
1.31%$2,438.01
0.35%$86.58
1.39%$2,610.07
0.38%$1.001
0.10%$0.147487
-0.04%$321.65
2.49%$4.64
-1.04%$1.00
-0.07%$3.40
1.64%$107,420.00
-0.09%$7.02
1.11%$0.534013
-0.12%$263.42
3.04%$0.00000946
1.58%$1.18
0.05%$4.79
0.13%$50.03
-0.22%$334.84
2.50%$1.00
0.00%$181.72
2.80%$2.14
1.75%$4.87
2.54%$0.080673
-0.05%$16.39
1.39%$1.057
0.01%$0.763762
1.66%$1.001
0.14%$26.29
-3.93%$0.612481
2.09%$0.077994
2.73%$4.40
-0.21%$15.58
0.86%$4.01
1.73%$0.02108338
3.09%$9.05
0.84%$0.688462
3.20%$0.08122
2.10%$0.304907
7.46%$107,023.00
-0.25%$3.24
1.72%$110.64
4.81%$0.263447
3.17%$0.177949
1.43%$0.178022
2.19%$2.26
2.68%$0.308052
1.05%$4.46
1.15%$0.894869
1.80%$0.998689
-0.03%$2,440.35
0.42%$0.999781
-0.03%$11.14
0.08%$158.79
2.87%$0.446242
4.84%$1.001
0.10%$1.19
-0.04%$1.26
3.32%$0.01730708
2.37%$2,776.95
0.36%$2,552.41
0.31%$0.0000144
6.21%$1.11
6.17%$10.95
4.54%$1.00
-0.02%$0.665752
1.19%$1.54
5.34%$1.45
0.53%$1.001
0.10%$0.314147
2.98%$0.170049
-0.94%$0.060297
1.10%$0.555637
3.61%$0.999573
0.00%$2,606.39
0.10%$1.11
-0.09%$107,342.00
0.09%$3,294.22
0.17%$2,558.39
0.32%$107,340.00
-0.05%$650.08
0.51%$3.02
2.16%$0.01344305
16.13%$0.084902
3.98%$107,821.00
0.00%$2,567.90
0.49%$0.811708
3.02%$3,283.89
0.18%$0.429051
3.93%$0.497185
0.56%$2.23
5.75%$167.85
2.90%$195.38
2.83%$2.24
3.27%$0.00007391
4.60%$111.60
0.00%$0.512392
-0.66%$2,632.94
0.27%$0.671898
2.03%$0.99867
0.02%$0.770076
0.98%$0.601081
2.75%$0.718158
2.72%$0.01327225
1.51%$39.77
4.59%$1.09
-0.07%$0.01393872
2.76%$106,759.00
0.12%$18.60
0.74%$30.70
-0.13%$0.157564
1.41%$0.997982
-0.00%$0.0000006
1.79%$0.24015
-0.16%$38.21
3.14%$0.220168
-0.89%$3.53
0.76%$2.11
2.79%$0.098127
3.66%$107,462.00
0.10%$0.00853123
2.44%$0.532104
1.13%$2,435.62
0.26%$2,437.27
0.27%$0.395539
4.30%$0.521162
1.69%$0.325541
1.48%$2,604.50
0.06%$2,552.36
1.47%$0.01491666
-0.20%$107,296.00
-0.18%$0.998539
-0.05%$2,437.21
0.30%$0.999756
0.02%$0.605251
0.92%$0.251215
1.04%$1.34
2.40%$8.15
-6.92%$0.999935
-0.03%$38.20
3.12%$0.173793
-2.07%$0.00443172
12.68%$1.00
-0.02%$0.999901
0.00%$0.403207
0.11%$0.060572
-0.98%$0.00000043
-0.77%$1.37
1.71%$2.30
1.31%$45.59
-0.99%$0.163967
0.68%$0.04233606
5.18%$1.091
-0.01%$0.99937
-0.06%$0.00694231
0.73%$5.52
3.13%$0.386798
-1.00%$1.58
8.94%$13.42
2.36%$0.507563
4.35%$0.112736
2.44%$2,588.79
0.27%$2,436.15
0.38%$0.073333
2.95%$0.00001865
0.36%$0.99945
-0.42%$0.311616
-0.68%$2.23
2.82%$0.00392888
0.81%$0.076468
7.08%$0.170346
-0.23%$0.00000091
2.65%$0.497611
0.68%$0.921
2.92%$0.137061
2.67%$0.0352065
0.80%$2,687.51
0.33%$1.17
0.24%$1.084
1.95%$0.337968
4.66%$0.999905
-0.00%$5.10
8.98%$0.03373325
-0.10%$0.330979
0.52%$0.0465291
3.93%$20.14
0.60%$107,208.00
-0.08%$107,040.00
-0.34%$163.44
2.32%$2,667.56
0.33%$0.999926
0.01%$0.01648719
0.08%$0.999021
-0.02%$1.001
0.17%$2,436.35
0.31%$0.00354965
-1.05%$0.00005561
0.45%$10.27
0.17%$0.00572231
6.69%$1.098
3.14%$2,435.01
0.44%$0.00000144
0.54%$0.723533
-3.39%$0.297721
4.67%$0.02929037
2.80%$0.638972
7.24%$107,382.00
-0.18%$0.689849
1.93%$108.73
1.24%$0.437593
1.62%$6.82
17.46%$17.97
1.96%$0.00336132
1.02%$1.00
-0.12%$104,994.00
4.08%$2,155.75
-0.13%$1.21
0.00%$1.018
0.04%$0.584459
0.24%$0.00377562
10.04%$0.178182
1.70%$1.55
-2.28%$104,690.00
-0.35%$0.073762
3.72%$0.178493
1.28%$14.62
-0.10%Reading
Pantera Capital Management is predicting that the price of Bitcoin could eclipse $700,000 in 2028, shortly after the asset sailed toward a six-figure valuation per token last week.
Pantera Capital CEO Dan Morehead said Tuesday in a letter to investors that Bitcoin could hit $740,000 by April 2028, based on historical trends, due to the election of pro-crypto President-Elect Donald Trump and a majority digital asset-friendly U.S. Congress.
And with just 5% of financial wealth invested in blockchain-related assets, Morehead believes that Bitcoin's price has a lot of room to grow.
“Even after 11 years, Bitcoin is still squeezing up like a watermelon seed,” Morehead wrote. “Blockchain’s 15-year regulatory headwinds are now turning into tailwinds.”
The executive's bullish prediction comes amid good news for the hedge fund: Pantera Capital's Bitcoin Fund, launched in July 2013, is reaping returns of more than 131,000% over the last 11 years, excluding expenses and fees.
Those massive returns are due to the value of the hedge fund’s Bitcoin increasing by more than 1,000-fold since it first bought the asset at $74 per token more than a decade ago.
The world's oldest digital currency is trading for about $96,300 as of writing time, CoinGecko data shows.
Yet another publicly traded company says it's going all in on Bitcoin—and immediately reaped the benefits. SOS Ltd, a China-based cloud computing and crypto mining firm, announced on Wednesday morning that it plans to buy $50 million worth of BTC. Within minutes, the company’s stock shot up over 97%, to $13.81, nearly doubling in price. The NYSE-traded stock, SOS, has since fallen to $12.79—still up 84% on the day. MicroStrategy Now Holds $36 Billion in Bitcoin—These Are Its Biggest Buys “This...
Despite Bitcoin's astronomical growth, Morehead believes that it is “still early” for the leading cryptocurrency, and that there’s still plenty of room to run.
“I can imagine an investor thinking: ‘Bitcoin has doubled this year. Well, I guess I missed it,’” Morehead said in the letter. “That's the wrong mindset.”
Edited by Andrew Hayward
Iran has been mining and trading in cryptocurrencies out of necessity due to major global sanctions and a local currency that has dwindled in value due to severe inflation since at least 2019. However, experts told Decrypt it’s still nearly impossible to estimate its holdings. The University of Cambridge’s Center for Alternative Finance estimated that the nation accounted for 7.5% of Bitcoin’s hashrate in March 2021, a figure that fell as low as just 0.12% in January 2022. Throughout its history...
American cryptocurrency exchange Coinbase unveiled two new wrapped assets on Wednesday, making Cardano and Litecoin tradable on Base, the firm’s Ethereum layer-2 network. Cardano (ADA) and Litecoin (LTC), now available as cbADA and cbLTC, join Dogecoin (DOGE), the Ripple-linked XRP, and Bitcoin (BTC) in Coinbase’s wrapped assets suite, a collection of tokens designed to increase cross-chain functionality. The wrapped versions of DOGE and XRP were just launched on Base earlier this month. Held i...
Solana launchpad Pump.fun has matured into a next-generation livestreaming service, looking to rival titans of the industry like Twitch, Kick, and YouTube. Now, the platform is sponsoring streamers, paying viewers to post viral clips on social media—and the meme coin makers are getting creative. Pump.fun users can launch their own Solana meme coin, open up a livestream, and hope their actions pump the value of the crypto token. Recent streams have been big and bold, while remaining safe—followin...