In response to Trump's launch of Meme Coin TRUMP, SkyBridge founder Anthony Scaramucci said it was bad for the industry and compared it to the level of corruption of former Ugandan President Idi Amin. Meidas Touch co-founder Ben Meiselas believes Trump should focus on more urgent matters. Meanwhile, Barstool Sports founder Dave Portnoy compared the matter to Internet celebrity Haliey Welch's alleged Meme Coin HAWK pumping scheme.
Anthony Scaramucci, founder of SkyBridge Capital, expects the US government to keep about 200,000 BTC currently held, and then buy about 500,000 BTC. Anthony Scaramucci said that Tim Scott, chairperson of the US Senate Banking Committee, and Scott Bessent, the US Treasury Secretary, are more supportive of cryptocurrencies. If Trump, Congress and the Treasury agree, the Federal Reserve may become the last obstacle to bitcoin strategic reserves.
Anthony Scaramucci, founder of SkyBridge Capital, stressed in an interview that bitcoin needs to be held for four years, despite the recent decline from about $103,900. He pointed out that the largest pullback in bitcoin history was 82%, but the average positive return in four years. He also said that bitcoin is moving towards mainstream institutional investment, predicting that if its market value approaches gold levels, the price could rise tenfold. Scaramucci and MicroStrategy founder Michael...
According to The Daily Hodl, Skybridge Capital founder Anthony Scaramucci said in an interview with CNBC that he is optimistic about the price of bitcoin, predicting that it could reach $100,000 before the end of the year. Scaramucci believes that the current price correction is caused by temporary factors, including the repayment of Mt. Gox and the German government's sell-off of bitcoin. He also pointed out that the recovery of funds for FTX account holders could soon provide a boost to bitcoi...