Dan Morehead, Founder and Managing Partner of Pantera Capital, believes crypto markets have not yet fully absorbed a wave of major political and regulatory developments that favor the industry.
What Happened: In an X post on Friday, Morehead pointed to the muted market reaction to what he described as an exceptionally bullish environment for digital assets.
“If a few days before the U.S. Presidential election – with Bitcoin (CRYPTO: BTC) at $69,000 – a sorcerer showed you a crystal ball”, revealing pro-crypto outcomes across the executive and legislative branches, “you’d bet bitcoin would be up way more than …