• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
Breaking News: Breaking: Digital Currency Group (DCG) Pulls The Plug On TradeBlock: The End Of An Era?
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
Bitcoinist.com
No Result
View All Result
Breaking News: Breaking: Digital Currency Group (DCG) Pulls The Plug On TradeBlock: The End Of An Era?
pantera bitcoin
Advertisement

Pantera Capital: Bitcoin’s 8-Year-Compound Annual Growth Rate is Massive

Anatol Antonovici by Anatol Antonovici
4 years ago
in Blockchain, Bitcoin, News
0
Advertisement
Advertisement

Cryptocurrencies like Bitcoin represent a new asset class that has the lowest correlation to traditional assets, as well as one the best annual performance records. This is the conclusion of blockchain-oriented hedge fund Pantera Capital, which recommends investors to diversify portfolios by allocating a share of it to cryptos.


Bitcoin Has Almost No Correlation to Traditional Assets

Pantera CEO Dan Morehead said in a letter published on Medium that Bitcoin and blockchain businesses had almost no correlation to other asset classes. He presented three-year weekly returns and proved that Bitcoin has hardly traditional assets like stock indices and commodities.

Claim the JACKPOT with 55 FREE SPINS. Signup today to redeem your bonus.

According to Morehead, in the 1980s, there was little correlation between traditional asset classes like bonds, currencies and commodities. However, investors became aware of the potential of diversification and ended up managing similar portfolios.

Pantera CEO said,

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
570% up to 12 BTC + 300 Free Spins for new players & 1 BTC in bonuses every day, only at Wild.io. Play Now!

Bond investors just owned bonds. Equities investors knew nothing of currencies. People who traded oil, just traded oil and so on. As modern portfolio theory took over, everyone wanted to have a diversified portfolio. Ironically, they all ended up buying the exact same portfolio

Investment products such as the Goldman Sachs Commodity Index boosted the correlation effect among assets that previously behaved quite differently.

Bitcoin and the entire blockchain ecosystem are like a breath of fresh air for both retail and institutional investors. They are great not just because they can preserve wealth in moments of major crises, but also because they generate more than decent returns irrespective of what’s happening elsewhere.

If you can find an asset that has a 235% eight-year-compound annual growth rate and basically zero correlation with anything else, you should own some.

Pantera Revealed 4 New Projects

In the same letter, Morehead announced four new projects that Pantera has supported since their earliest stages of development. The CEO also discussed the shift from initial coin offerings (ICOs) to initial exchange offerings (IEOs), with the latter already accounting for 82% of all blockchain-related crowdfunding events.

The four projects backed by Pantera are:

  • Polkadot – the platform aims to bridge various blockchains through an ecosystem of relay chains and parachains.
  • BloXroute – a solution to scale traditional blockchains.
  • Origin – a protocol for developing Ethereum-based decentralized marketplaces.
  • Filecoin – a decentralized platform for file storage.

Pantera hopes these projects to bring more liquidity to its ICO funds and contribute to the blockchain infrastructure in general.

Do you think blockchain and Bitcoin will soon merge with other asset classes in terms of performance correlation? Share your thoughts in the comments section!


Images via Shutterstock, Medium (@PanteraCapital)

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Anatol Antonovici

Anatol Antonovici

Related Posts

Bitcoin

Bitcoin Shrimps Continue Aggressive Accumulation As Holdings Hit ATH

5 hours ago
Bitcoin Bull

Bitcoin Bullish Signal: Exchange Netflow Registers Negative Spike

3 days ago
Bitcoin

Bitcoin “Buy The Dip” Mentality Disappears, Is Now Actually The Time To Buy?

3 days ago
Crypto.ro and Binance Unveil the 3rd Binance Meetup in Romania, Set in Timisoara

Crypto.ro and Binance Unveil the 3rd Binance Meetup in Romania, Set in Timisoara

4 days ago
Bitcoin

Bitcoin Under Siege: Support Breakdown Raises Concerns Of Drop To $24,000 – Analyst

4 days ago
Bitcoin

Current Bitcoin Cycle Is Showing A Never-Before-Seen Trend

5 days ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Play Finance

Top Casinos

Trust Dice
Trust Dice
Punt Casino
Punt Casino
mBit
mBit
1xBit
1xBit
K8
K8

Press Releases

  • Making Green or Being Ecofriendly: AltSignals Presale Wins...

    39 mins ago
  • Bware Labs Launches $INFRA Token, making high API...

    1 hour ago
  • This Polygon (MATIC) rival is predicted to reach a $1B...

    2 hours ago
  • The Hype of the InQubeta (QUBE) Presale is so Impressive...

    2 hours ago
  • Can Cardano Reach $1 In The Next 3 Months? Tradecurve Has...

    4 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance

© 2022 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.