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Stock Market On Cusp Of Crashing, Crypto Is Better Investment, Suggests Pantera’s Dan Morehead

Last Friday, Dan Morehead, the chief executive of Pantera Capital, made a bold prediction that could send ripples through the investment community. What Happened: Morehead said he foresees a potential crash in the stock market and suggested that cryptocurrencies may emerge as the superior investment compared to traditional assets like stocks, real estate and bonds. Morehead, who manages a substantial portfolio at Pantera Capital, a firm with assets worth over $4.2 billion, expressed his concerns on social media. In a post on X, he pointed to the S&P 500’s inflated valuation, which he believes …