Pantera Capital reveals it is ‘overweight’ on ‘undervalued’ ETH
In the most recent investor letter published by the company, cryptocurrency investment firm Pantera Capital disclosed that it has a “overweight” position on Ethereum. The investment firm is of the opinion that Ethereum is undervalued in comparison to Bitcoin despite the fact that, at the time of this writing, its price had dropped by more than 35 percent from its all-time high. Given that Bitcoin’s dominance has been trending on the higher end of its range, of above 70%…