#BTC #WLD #FIL $BTC $BTC Pantera Capital: Crypto Is#Bitcoin
Entering A New Bull Market Cycle
Pantera Capital, one of the leading venture capital
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firms in the blockchain and cryptocurrency space,
has published its latest monthly newsletter, in
which it claims that the crypto market is entering
a new bull market cycle that will last for another
18 to 24 months.
According to Pantera, the current market
conditions are favorable for crypto price growth,
as several positive factors are converging, such
as:
• The removal of some of the regulatory
uncertainty that has been weighing on the
crypto industry, especially in the US, where the
SEC has approved the first Bitcoin exchange-
traded fund (ETF) in October 2023, opening the
door for more institutional and retail investors
to access the crypto market.
• The halving of Bitcoin's block reward, which
expected to occur in late April 2024, reducing
the supply of new bitcoins by 50%. This is a
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