Daily Edition · Page 6

THE DAILY INDEX

Technology, AI, software, security, crypto and business

MARKETS & BUSINESS

TLDR Crypto

PANTERA BITCOIN FUND HITS 1,000X

Pantera's Bitcoin Fund has returned 1,000x since its inception in 2013 at Bitcoin's then-price of $65. The firm maintains its bullish opinion, citing only 5% current institutional adoption, and projects a potential BTC price of $740,000 by 2028 driven by regulatory clarity and ETF approvals. The fund, which initially purchased 2% of all Bitcoin during 2013-2015, has maintained an 88% compound annual growth rate over its eleven-year history.

ZK COMMITMENTS OVER TLS: THE DISTEFANO PROTOCOL

The Brave Browser's DiStefano is a new protocol that enables zero-knowledge attestations and commitments over TLS. The protocol allows users to prove statements about encrypted data without revealing the underlying information. It aims to improve upon existing solutions by adding full TLS 1.3 support, implementing enhanced privacy guarantees through ZK proofs of valid signatures and improving the commitment scheme. It enables applications like privacy-preserving age verification and anti-fraud systems and is viable for widespread deployment.

HOW TO TAKE PROFITS ON MEMECOINS USING CONCENTRATED LIQUIDITY

This guide outlines strategies for profit-taking on memecoins by using concentrated liquidity pools, which enable traders to earn yield while exiting positions with minimal price impact, especially for coins with high volume, low liquidity, and high market attention. It emphasizes active management, understanding price bounds, and careful execution to balance risks like impermanent loss against potential APRs, offering a customizable approach for experienced traders to optimize returns.

THE ROLE OF CRYPTO IN AN AGENTIC ECONOMY

The rise of AI agents as key economic participants will transition human-to-agent and agent-to-agent commerce toward a more autonomous, efficient, and decentralized ecosystem, where crypto rails like blockchains and stablecoins are positioned to play a more crucial role because of their programmability, global accessibility, and cost advantages over traditional systems. This evolution will create value for infrastructure layers like ID verification, settlement blockchains, and stablecoin issuers, while reshaping competition to focus on performance over branding, ultimately benefiting end-users with more optimized services.

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