Pantera’s Morehead Scores Big Payoff on Bets Beyond Bitcoin

Bloomberg2021-06-23

(Bloomberg) -- Dan Morehead, a veteran Bitcoin investor, is making more money at his hedge fund firm by diversifying beyond the most popular cryptocurrency. “If you’re just long Bitcoin, it’s kind of ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Edina
2021-06-23
Edina
Hmmmm
Tri12244
2021-06-23
Tri12244
Wow
Juniezzzzz
2021-06-23
Juniezzzzz
??
Kylerrrr
2021-06-23
Kylerrrr
Interesting
- Wgatap:
  Like and Comment plEase
beebeeyan
2021-06-23
beebeeyan
amc best
nihaoo
2021-06-23
nihaoo
K

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1195773302?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-06-23 10:13","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1195773302","market":"us","top_or_hot":-1,"title":"Pantera’s Morehead Scores Big Payoff on Bets Beyond Bitcoin","media":"Bloomberg","content":"<div>\n<p>(Bloomberg) -- Dan Morehead, a veteran Bitcoin investor, is making more money at his hedge fund firm by diversifying beyond the most popular cryptocurrency.\n“If you’re just long Bitcoin, it’s kind of ...</p>\n\n<a href=\"https://finance.yahoo.com/news/pantera-dan-morehead-scores-250-144536785.html\">Source Link</a>\n\n</div>\n","source":"lsy1612507957220","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pantera’s Morehead Scores Big Payoff on Bets Beyond Bitcoin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPantera’s Morehead Scores Big Payoff on Bets Beyond Bitcoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 10:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/pantera-dan-morehead-scores-250-144536785.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Dan Morehead, a veteran Bitcoin investor, is making more money at his hedge fund firm by diversifying beyond the most popular cryptocurrency.\n“If you’re just long Bitcoin, it’s kind of ...</p>\n\n<a href=\"https://finance.yahoo.com/news/pantera-dan-morehead-scores-250-144536785.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GBTC","symbol_name":"Grayscale Bitcoin Trust","start_time":0,"source_url":"https://finance.yahoo.com/news/pantera-dan-morehead-scores-250-144536785.html","article_id":"1195773302","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1195773302","pubTimestamp":1624414397,"sourceInfo":{"source_id":"lsy1612507957220","name":"finance.yahoo"},"weMediaInfo":null,"summary":"(Bloomberg) -- Dan Morehead, a veteran Bitcoin investor, is making more money at his hedge fund firm","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"translate_title":"Pantera的Morehead在比特币以外的赌注上获得了巨大回报","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GBTC":0.9},"content_text":"(Bloomberg) -- Dan Morehead, a veteran Bitcoin investor, is making more money at his hedge fund firm by diversifying beyond the most popular cryptocurrency.\n“If you’re just long Bitcoin, it’s kind of like in the 90s being just long Yahoo -- you know, there were 30 other really important companies to invest in,” Morehead, the head of Pantera Capital Management, said in an interview at the Qatar Economic Forum, Powered by Bloomberg. “Now there are literally 100s of tokens that are liquid enough to trade.”\nPantera’s liquid-token fund soared 166% this year through June 20, compared with a 24% gain for Bitcoin in the same period. Morehead, in the interview taped Friday, said he’s also investing in Audius, which he says is similar to a “decentralized SoundCloud” because it allows users to send audio files while using the Ethereum network. Polkadot is another of his crypto investments.\nThe Pantera founder was an executive at Julian Robertson’s Tiger Management earlier in his career, and is now part of a handful of power players in crypto. Morehead said crypto will create a parallel financial system, with blockchain and decentralized finance, or DeFi, connecting buyers and sellers of assets without a bank. Morehead’s firm has $3.2 billion under management, according to its website, and launched its first fund in 2013, when Bitcoin was still $65, compared with more than $32,000 on Monday.\nMorehead was joined in the conversation by Mike Novogratz, the founder of Galaxy Digital, who said crypto is a rare investment that’s become truly global and has the potential to overtake some currencies in the next five years.\nNovogratz said that worries about currency debasement will fuel more crypto adoption.\n“There are already 200 currencies on earth, Bitcoin is just number 201,” Morehead said, adding that the U.S. dollar is unlikely to be replaced, but a currency such as the Venezuelan bolivar could be in his lifetime. But mostly, “you’ll just see it as a complement.”","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":123232029,"gmtCreate":1624424092961,"gmtModify":1703836263809,"author":{"id":"3554452724233080","authorId":"3554452724233080","name":"Edina","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3554452724233080","authorIdStr":"3554452724233080"},"htmlText":"Hmmmm","listText":"Hmmmm","text":"Hmmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123232029","repostId":1195773302,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":123291904,"gmtCreate":1624423659708,"gmtModify":1703836245765,"author":{"id":"3582019662483806","authorId":"3582019662483806","name":"Tri12244","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3582019662483806","authorIdStr":"3582019662483806"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123291904","repostId":1195773302,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":123850646,"gmtCreate":1624417001785,"gmtModify":1703836041204,"author":{"id":"3578968280609895","authorId":"3578968280609895","name":"Juniezzzzz","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578968280609895","authorIdStr":"3578968280609895"},"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123850646","repostId":1195773302,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":123812496,"gmtCreate":1624415450615,"gmtModify":1703835993452,"author":{"id":"3569458259254346","authorId":"3569458259254346","name":"Kylerrrr","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3569458259254346","authorIdStr":"3569458259254346"},"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/123812496","repostId":1195773302,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4967340,"gmtCreate":1624415570320,"gmtModify":1663229775347,"authorId":3576747252702130,"author":{"id":3576747252702130,"idStr":"3576747252702130","authorId":3576747252702130,"name":"Wgatap","avatar":"https://static.tigerbbs.com/67f131ca941e4d8ed3b4fdd65c6486a7","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":123812496,"type":1,"supId":0,"prevId":0,"content":"Like and Comment plEase","text":"Like and Comment plEase","html":"Like and Comment plEase"}],"langContent":"EN"},{"id":123819328,"gmtCreate":1624415255564,"gmtModify":1703835985932,"author":{"id":"3581331692871918","authorId":"3581331692871918","name":"beebeeyan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3581331692871918","authorIdStr":"3581331692871918"},"htmlText":"amc best","listText":"amc best","text":"amc best","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123819328","repostId":1195773302,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":123837149,"gmtCreate":1624415168481,"gmtModify":1703835983230,"author":{"id":"3583060403880224","authorId":"3583060403880224","name":"nihaoo","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3583060403880224","authorIdStr":"3583060403880224"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123837149","repostId":1195773302,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":68,"commentSize":13,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1195773302"}