PanteraCapital

Thank you to everyone who came out to our event with @defidevcorp at @solana Accelerate!

We brought together founders, builders, and investors looking to shape the future of the Solana ecosystem for an evening of networking and discussions. Special thanks to @Station3NYC for hosting us.

Q1 2025 was crypto’s worst quarter since summer 2022 – but there are many reasons to be long-term bullish, as @cosmo_jiang highlights in our latest letter.

Read about them here: https://t.co/UYq2c3JGrS

"While the past may not predict the future, significant drawdowns have nearly always been followed by strong recoveries – though the magnitude of the rebound depends on prevailing conditions and, critically, whether the broader trend remains upward."

Q1 2025 was crypto’s worst quarter since summer 2022 – but there are many reasons to be long-term bullish, as @cosmo_jiang highlights in our latest letter.

Read his current market outlook: https://t.co/UYq2c3J8Ck

"While the past may not predict the future, significant drawdowns have nearly always been followed by strong recoveries – though the magnitude of the rebound depends on prevailing conditions and, critically, whether the broader trend remains upward."

Crypto’s four-year cycles are often attributed to Bitcoin halvings.

In our latest letter, @cosmo_jiang explores an alternative view: https://t.co/UYq2c3J8Ck

"Generally, bitcoin’s price has had major inflections in response to major macro events, which also typically rhyme with global liquidity cycles. In 2012, it was the Eurozone sovereign debt crisis. In 2016, it was Brexit. In 2020, it was the COVID crash. A lot of people attribute bitcoin’s price cycles to the halving, but an alternative interpretation is that there have been major macroeconomic events supporting bitcoin’s bull case that coincidentally have played out every four years."

"It’s early, but it’s possible that, just as digital assets were the first to pull back, they may also be the first to bottom out and rebound."

Pantera General Partner @cosmo_jiang discusses the impact of tariffs on the markets and crypto's reaction:

Tariff volatility and broader macro forces have weighed heavily on crypto markets this year.

In our new Blockchain Letter, @cosmo_jiang breaks down the landscape, highlighting the structural tailwinds being overlooked.

Read it here: https://panteracapital.com/blockchain-letter/looking-past-tariff-volatility/

We’re excited to lead the $29 million Series A round for @symbioticfi.

https://panteracapital.com/why-we-invested-symbiotic