Anthony Pompliano, CEO of Professional Capital Management, recently discussed Bitcoin's growing prominence on Varney & Co., emphasizing that both investors and governments may be underestimating the scale of its accumulation.
He highlighted how the global competition to acquire Bitcoin is intensifying, likening it to past geopolitical rivalries.
Pompliano pointed out that Bitcoin is widely recognized as a commodity rather than a security, but lingering regulatory uncertainties—especially around taxation and corporate involvement—continue to create hurdles. He also suggested that U.S. policymakers may be quietly positioning the country to establish a strategic Bitcoin reserve, a move he believes could be far more aggressive than many anticipate.
Referencing nations such as Russia, Abu Dhabi, El Salvador, and Bhutan, Pompliano noted that several governments are actively acquiring Bitcoin, fueling a race for dominance in the digital asset space. He compared this competition to the space race of the 20th century, suggesting that securing Bitcoin could be a major strategic priority for the U.S. administration.
When asked about Bitcoin’s future price potential, Pompliano refrained from providing a precise timeline but drew parallels to gold’s long-term growth. He suggested that Bitcoin, with its fixed supply and monetary principles, could eventually surpass gold’s $20 trillion market value, predicting that its worth could reach millions per coin within the next several years or decades.
Best Wallet Token ($BEST) transforms Web3 interactions through a wallet ecosystem that facilitates crypto transactions. The token provides reduced fees on Best Wallet’s decentralized exchange and offers higher stacking rewards across over 60 blockchains.
Best Wallet is much more than a simple crypto wallet – it’s a comprehensive ecosystem designed to make navigating the blockchain easier for beginners and advanced users alike.
The project provides a unique token pre-sale feature called Upcoming Tokens. This allows users to buy, track and explore new crypto projects directly from the app.
Reform UK leader Nigel Farage has thrown his party behind digital assets, unveiling a new crypto-friendly stance during a speech at the Bitcoin 2025 conference in Las Vegas.
Cantor Fitzgerald’s asset management arm is entering the crypto investment space with a new fund designed to offer Bitcoin exposure while cushioning downside risk through gold.
James Wynn, a trader once hailed for his wild wins during the memecoin frenzy, just hit a painful milestone — nearly $100 million erased in a matter of days.
The winning streak for U.S. spot Bitcoin ETFs came to a sudden halt on Thursday, as investors withdrew over $358 million — the sharpest daily outflow since March.