Dan Morehead

The CEO and founder of leading blockchain venture fund Pantera Capital, Dan Morehead, stated that digital assets will be the “best place” to store capital following the potential fallout of interest rate hikes from the U.S. Federal Reserve. Investors across stock and crypto markets are currently fixated on the direction the Fed might take to combat rising inflation which topped 7.5% as of this month. Bitcoin and crypto markets have often moved in correlation to trends in the stock market, however, Morehead argued in his Feb. 16 newsletter that bonds, stocks, and real estate will cop the brunt of the Fed‘s “massive policy U-turn,” in relation to hiking interest rates. Despite the crypto market suffering a downturn since late 2021, the CEO suggested that digital assets will be the “best plac...