Capital Manager: Bitcoin Holding Above $52K Puts Crypto On Track For $100K
Bitcoin price has retraced by more than 10% following new record highs set over the weekend, however, according to one capital manager, the cryptocurrency holding above $52K would keep price action within a long-term rising bull channel. If that happens, the first ever cryptocurrency will remain on track for $100K or more in the coming […]
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The founder of Skybridge Capital has doubled down on his $100K bitcoin price prediction. He also believes that bitcoin could reach $500K a coin in the long run. “But we’ve got some work to do here from a regulatory perspective,” he stressed. The executive also advised how an average investor should get into bitcoin.
Skybridge Capital’s Founder on Bitcoin Price
The founder of investment management firm Skybridge Capital, Anthony Scaramucci, talked about the future outlook for bitcoin Friday in an interview with Melissa Francis on Magnifi by....
Throughout 2021, there’s been a number of people who have said they expect bitcoin to reach $100K by the end of this year. In more recent times, the six-digit bitcoin price forecasts continue as people are now saying a sudden move to $100K “doesn’t seem so far-fetched.”
The Probability of Bitcoin Hitting $100K — ‘Don’t Rule It Out’
Many bitcoin speculators and investors believe the road to $100K is not only probable, but guaranteed. Bitcoin.com News has covered numerous individuals, experts, analysts, and advisors this year....
Traditionally, Capital One has not been too friendly to Bitcoin. Some have claimed to have their accounts shutdown due to Bitcoin transactions. Capital One has even shut down BitFloor's, a Bitcoin exchange, $2.8 million USD account by mailing them a check with the message, "It is Capital One's policy not to do business with merchants who accept Bitcoin." So when Capitol One starts looking for an employee knowledgeable in Bitcoin, it's something to talk about around the water cooler. CCN. Credit cards and Bitcoin is something that you don't see together every day. In fact, it's something....
The firm aims to let U.S. investors get exposure to crypto through a private fund tracking the Nasdaq Crypto Index. Investment firm Victory Capital Management announced it would be taking steps for its U.S.-based investors to get exposure to the crypto market.In a Wednesday announcement, Victory Capital said it would be the exclusive sponsor of “private placement funds and other vehicles” based on the Nasdaq Crypto Index, or NCI, an index developed by Nasdaq and Brazilian crypto asset manager Hashdex. The firm said it plans to launch a private fund for accredited investors tracking the....
Joe DiPasquale, CEO at Bitbull Capital, discussed the role of Bitcoin in the Ukraine crisis and explained his bullish view on the crypto markets for the upcoming months. Bitbull Capital CEO Joe DiPasquale thinks Bitcoin (BTC) is still on track to reach $100 thousand within the next 24 months despite the bearish sentiment dominating the crypto markets since the start of the year. “I think 2023 is a safe bet. We might need some time during 2022 to take a breath and to kind of let out some of the steam,” DiPasquale said.“We are reaching higher lows and even higher highs”, he added, commenting....