Skybridge Capital’s Scaramucci on Crypto Boom: ‘The Institutions Are Not There’
Anthony Scaramucci, CEO of Skybridge Capital, a multi-asset class investment firm, says he thinks the institutional investment boom in cryptocurrencies has been greatly exaggerated. In an interview given to Bloomberg last week, Scaramucci stated that most institutions are still not interested in cryptocurrency as an investment and that only 10% are actively investing in crypto. Anthony Scaramucci Thinks Institutions Are Still Not Big on Crypto Anthony Scaramucci, CEO of Skybridge Capital, thinks there is still a long way until bitcoin and cryptocurrencies are embraced by....
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Anthony Scaramucci predicts that the next presidential candidacy will be pro-crypto and that a Bitcoin ETF will happen by the end of 2022 given recent developments on Capitol Hill. Anthony Scaramucci, the founder of the hedge fund SkyBridge Capital, thinks that the next United States presidential candidacy will likely be pro-cryptocurrency given that the U.S. Securities and Exchange Commission (SEC) recently announced the approval of a fourth Bitcoin (BTC)futures exchange-traded fund (ETF).During an interview at SALT’s Crypto Bahamas conference, Scaramucci told Cointelegraph that he is....
Skybridge Capital’s Anthony Scaramucci is once again making waves in the bitcoin market. This time, with the predicted value of bitcoin which he put at one of the highest ever seen in the space. For Scaramucci, investing in bitcoin has been a no-brainer, taking both a personal and corporate stake in the digital asset. However, […]
Skybridge joins the crowd that has frozen crypto investors’ funds, although head Anthony Scaramucci says the suspension is a temporary measure with no fear of liquidation. Skybridge Capital has suspended withdrawals from its Legion Strategies fund – one of the firm’s funds with crypto exposure. Founder Anthony Scaramucci confirmed the move July 19 in an interview on CNBC, after Bloomberg reported it a day earlier citing anonymous sources. “Our board made the decision to temporarily suspend until we can raise capital inside the fund,” Scaramucci told CNBC. “The fund is unlevered, so there’s....
Anthony Scaramucci, the founder of Skybridge Capital, a $3.5 billion asset management firm, has some advice for crypto investors on how to survive a bear market and a crypto bloodbath.
Scaramucci on How to Survive Crypto Bear Market
Skybridge Capital founder Anthony Scaramucci shared his bitcoin outlook and advice on how to survive the crypto market sell-off in an interview with CNBC Monday.
“We are in a bloodbath,” he said. “This is my eighth bear market. I expect to survive this one as well.” Scaramucci opined:
I am encouraged....
Anthony Scaramucci predicted Bitcoin’s price will absorb some of the increase in dollar volume. In an interview for CNBC’s Squawk Box program, the Skybridge Capital founder said the stimulus package passed by the administration will be good for BTC holders. Every time we do this, it’s very, very good for the people who own the […]