Latest news with #DanTapiero
Yahoo
7 days ago
- Business
- Yahoo
Dan Tapiero Projects Crypto Economy Hitting $50T, Launches $500M Fund Under New Firm
Well-known digital asset investor Dan Tapiero is merging private equity firms 10T Holdings and 1RoundTable Partners under a new brand 50T, reflecting his forecast that the digital asset ecosystem will reach a market value of $50 trillion in the next decade. "50T is a natural evolution from our original thesis in 2020 when we launched 10T with the belief that the digital asset ecosystem would grow from $300 billion to $10 trillion in 10 years," Tapiero said in a Tuesday press release. "Today, we estimate that we're already at $5 trillion, far exceeding our initial timeline, which is why we're adjusting our outlook upward," he said. "Recent successes like the Circle IPO and Deribit acquisition demonstrate the maturity of this sector and validate our investment thesis that all value will eventually move on-chain." USDC stablecoin issuer Circle surged nearly 10-fold from its initial price following its the stock market debut last month, while crypto exchange Coinbase acquired Deribit for $2.9 billion in May. Funds under 50T were investors in Circle, Deribit, and digital trading platform Etoro, which also went public recently, and other portfolio companies are also gearing towards going public, the press release said. 50T is also launching a $500 million growth equity fund dubbed 50T Fund alongside the rebrand. It's a closed-end fund with a ten-year horizon, designed to back later-stage companies building out core infrastructure in blockchain and web3, with a first close planned in Q4 2025. Sign in to access your portfolio
Yahoo
10-05-2025
- Business
- Yahoo
Veteran fund manager sees massive upside if Fed slashes rates
Macro investor and fund manager Dan Tapiero believes Bitcoin could gain more than double its value should the U.S. Federal Reserve have to ease monetary policy due to slowing economic growth stemming from tariff-related uncertainty. In a post on X, Tapiero noted that both the U.S. and China are experiencing a 'growth-dampening impact' from the continuous trade tensions. He said, 'If the US slows hard, could the Fed get to 1.4%, -250 bps from here?' For now, Tapiero's statements follow news of China's central bank, the People's Bank of China (PBOC), cutting its key short-term lending rate by a modest 10 basis points, from 1.5% to 1.4%. The central bank will also lower the reserve requirement ratio by 50 basis points to help add about one trillion yuan ($138.5 billion) into the financial system. The macro strategist also believes that impending policy loosening in the U.S. could lead to significant debasement of fiat currency, thereby fueling the next large move up in Bitcoin. 'This is extreme data,' Tapiero added. 'Much lower rates and a weaker dollar are needed to offset fiscal austerity, and fiat debasement equals +BTC.' In addition, he pointed out that U.S. consumer sentiment is at levels last seen during the Global Financial Crisis of 2008–09, which seemed to indicate increased pressure for fiscal and monetary stimulus. At press time, Bitcoin is trading at $101,565.42 as per Kraken. The price is up by 32.47% over the last one month. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
06-05-2025
- Business
- Bloomberg
Navigating Crypto Volatility: All Options Considered
In this edition of the All Options Considered podcast, BI's Chief Global Derivatives Strategist Tanvir Sandhu is joined by Dan Tapiero, Founder & CEO of 10T Holdings & 1RoundTable Partners, to discuss how to navigate the volatility of digital assets. All Options Considered is part of the FICC Focus podcast. Listen to FICC Focus on Apple Podcasts and Spotify. Apple: Spotify:
Yahoo
02-05-2025
- Business
- Yahoo
Will Rates Drop and Bitcoin Pump?
10T and 1RT CEO Dan Tapiero joins CoinDesk to discuss economic indicators such as the Richmond Fed survey and potential interest rate cuts, projecting a possible $300,000 Bitcoin if short rates hit zero. Plus, his bullish outlook for the broader crypto markets in the U.S. Dan Tapiero will be joining CoinDesk at Consensus 2025 in Toronto from May 14-16. Get your tickets here: This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.
Yahoo
30-04-2025
- Business
- Yahoo
Will the XRP ETF Explode Like Bitcoin's?
10T Holdings founder Dan Tapiero joins CoinDesk to discuss the launch of ProShares' XRP ETF and compare their potential success to the bitcoin products. Plus, Dan shares his early experiences trading bitcoin and XRP, and weighs in on the criticisms of XRP's centralization. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes. Sign in to access your portfolio
