1. Pantera: The Cryptocurrency Market Enters the Second Phase of the Bull Market Cycle
Bitcoin often leads the bull market cycle, while altcoins typically lag in the early stages. As the cycle progresses, altcoins often gain momentum and outperform Bitcoin towards the end of the cycle. We refer to this as the 'first phase' and 'second phase' of the bull market. Click to read
2. Circle and Stripe Build Their Own Public Chains: Is Ethereum's Settlement Layer at Risk?
In the Q2 2025 financial report, Circle publicly disclosed that it will launch a public chain specifically for stablecoins called ARC. Not only Circle, but earlier reports indicated that payment giant Stripe is quietly developing a payment-focused public chain codenamed Tempo in collaboration with venture capital firm Paradigm. Click to read
3. Seizing the Stablecoin Track: The Deep Meaning Behind Stripe and Paradigm's Bet on Tempo
According to multiple informed sources, payment giant Stripe is accelerating its layout in the blockchain field with a new project called Tempo, appointing Matt Huang, co-founder and managing partner of crypto venture capital firm Paradigm, as the first CEO of Tempo. Huang is also a member of Stripe's board and will continue to serve as a managing partner at Paradigm. Click to read
4. Pantera: Value Creation of DAT Taking BitMine as an Example
Pantera has deployed over $300 million in DAT across various tokens and regions. These DATs are leveraging their unique advantages and adopting strategies to increase their digital assets per share. Here is an overview of our DAT portfolio. Click to read
5. The New Battlefield for Stablecoins: The Layer 1 Battle Between Stripe and Circle
Two stablecoin Layer 1s in one day shook the entire crypto and fintech world. Stripe's 'Tempo' has been revealed from its stealth mode, while Circle officially announced 'Arc' in its financial report rhythm. On the surface, both are public chains optimized for payments. However, the underlying logic is completely different: one is a payment service provider that masters the distribution capabilities of merchants and developers, while the other is the issuer of USDC, attempting to upgrade a stablecoin into a network. Click to read
