Mai Capital Predicts Tough Year for Crypto — Expects Bitcoin and Ethereum to ...
Mai Capital Management’s chief equity strategist and regional president, Chris Grisanti, has predicted that this year will be tough for crypto largely due to regulations. However, he expects established cryptocurrencies, such as bitcoin and ether, to “do quite well” once regulations come into focus. Equity Strategist’s Crypto Predictions Mai Capital Management’s Chris Grisanti shared his outlook for the cryptocurrency market in an interview with CNBC Thursday. Grisanti, CFA, is chief equity strategist and regional president of Mai Capital....
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The founder and chief investment officer of Hayman Capital Management, Kyle Bass, has warned that governments will start to really clamp down on bitcoin. He predicts that “intense” crypto regulation will come out of the U.S. Treasury and the Internal Revenue Service (IRS) next year.
Fund Manager Expects ‘Intense’ Crypto Regulation Next Year
Kyle Bass, founder and chief investment officer of Hayman Capital Management, talked about bitcoin and the outlook for cryptocurrencies in an interview on the Investor’s Podcast Network, published Saturday.....
Blueprint Capital Advisors CEO Jacob Walthour says it’s a mistake to ignore crypto as an asset class. He also predicts that crypto will outperform equities in the foreseeable future. Investment Adviser Expects Crypto to Outperform Equities Jacob Walthour, CEO and co-founder of Blueprint Capital Advisors, discussed his outlook for the crypto and equity markets in an interview with CNBC Wednesday. Walthour has over 25 years of experience in capital markets, traditional, and alternative asset management. “At this stage, we have to think back to how it all started,” he....
Skybridge Bitcoin Fund’s assets under management have risen to $310 million. Expecting the cryptocurrency to become a digital replacement for gold, the firm reportedly values bitcoin at $535,000. Skybridge also predicts that bitcoin’s price will reach $100,000 this year. Skybridge Invests $310 Million in Bitcoin New York-headquartered Skybridge Capital is a global investment manager that provides investment solutions to individuals and institutions. Skybridge announced the launch of its bitcoin fund to outside investors on Monday after launching with $25.3 million of its own....
It’s been a tough past few days for the crypto market, especially for Ethereum-based coins. From their recent highs, most decentralized finance coins based on Ethereum have crashed by 30-50%, plunging as capital has rushed to the sidelines. The best example of the correction is Yearn.finance (YFI), a cryptocurrency that is core to the DeFi […]
Crypto analyst Ash Crypto has revealed when the Bitcoin price is likely to reach $150,000, while Ethereum rallies to $8,000 and the altcoin season begins in full force. This comes as the crypto market looks to rebound, with BTC attempting a successful break above $112,000. On Bitcoin Price and Ethereum Rally And Altcoin Season Timeline In an X post, Ash Crypto declared that the Bitcoin price will rally to $150,000, Ethereum will rally to $8,000, and the altcoin season will happen in the fourth quarter of this year. During that period, he expects altcoins to pump between 10x and 50x. In....