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Skybridge Capital’s founder says bitcoin’s fair market value is about $40,000 based on adoption, wallet size, use cases, and growth of wallets. The asset management firm also estimated ethereum’s fair market value at around $2,800. Skybridge Capital on the Fair Values of Bitcoin and Ethereum Anthony Scaramucci, founder and managing partner at global asset management […]Powered by WPeMatico
Skybridge Capital’s founder says bitcoin “will easily trade at $500,000 a coin,” noting that investors should buy some right now, even at the current price. “I’m trying to do my best to explain to them why they need to own this right now,” he said, emphasizing that we are still “very, very early.” ‘These Coins […]Powered by WPeMatico
The chief investment officer of global investment firm Skybridge Capital says bitcoin still has more upside than gold. While expecting both gold and bitcoin to rally, he said his hedge fund is sticking to bitcoin. Asset Manager Skybridge Prefers Bitcoin to Gold Troy Gayeski, co-chief investment officer (CIO) and senior portfolio manager at Skybridge Capital, […]Powered by WPeMatico
The founder of asset management firm Skybridge Capital, Anthony Scaramucci, has predicted that the price of bitcoin will reach $100,000 before the year-end simply due to supply and demand. “You don’t have a lot of supply out there and very heavy demand,” he said. His firm currently has over half a billion dollars in bitcoin. […]Powered by WPeMatico
Global investment firm Skybridge Capital has launched a bitcoin fund with $25 million. The founder of the company, Anthony Scaramucci, is bullish about bitcoin. “It’s the first inning,” he said, adding that “You are about to see that wave of early adoption by the institutional community.” Skybridge’s Bitcoin Fund Starts Trading Skybridge Capital has launched […]
The post Skybridge Bitcoin Fund Launches With $25 Million: Anthony Scaramucci Expects ‘Avalanche of Institutional Investors’ appeared first on Bitcoin News.
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