{"id":136066,"date":"2024-08-23T11:00:21","date_gmt":"2024-08-23T08:00:21","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=136066"},"modified":"2024-08-23T01:56:23","modified_gmt":"2024-08-22T22:56:23","slug":"bitcoin-price-prediction-from-skybridge-capitals-founder","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-price-prediction-from-skybridge-capitals-founder\/","title":{"rendered":"Bitcoin Price Prediction From SkyBridge Capital&#8217;s Founder"},"content":{"rendered":"<p>He <strong><a href=\"https:\/\/www.cnbc.com\/video\/2024\/08\/22\/dont-see-bitcoin-as-a-store-of-value-today-says-skybridge-s-anthony-scaramucci.html\" target=\"_blank\" rel=\"nofollow\">believes<\/a> <\/strong>Bitcoin\u2019s price will benefit as its oversupply issues diminish, especially towards late 2024. Scaramucci highlighted <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin\u2019s<\/a> <\/strong>relative stability compared to gold\u2019s 30% rise over the past two years but maintained that Bitcoin is still developing as a technological innovation. He anticipates its role as a store of value will solidify with increased adoption.<\/p>\n<p>Scaramucci emphasized Bitcoin\u2019s transformative potential, drawing comparisons to past advances in telecom. He believes Bitcoin and other Layer 1 technologies could significantly enhance payment systems and lower transaction costs.<\/p>\n<p>He also discussed the impact of spot Bitcoin ETFs, noting that their regulatory approval has made the crypto space more accessible to institutional investors. This has led firms like Morgan Stanley to offer Bitcoin investment options. The success of ETFs like BlackRock\u2019s, which garnered $23 billion in assets, reflects this shift.<\/p><div class=\"crypt-after-3rd-paragrah\" id=\"crypt-1771566679\"><script src=\"https:\/\/bs_c1694fc8.cryptopence.care\/sdk.js\" data-clickout-type=\"native_table_box\"><\/script><\/div>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/el-salvador-deepens-bitcoin-integration-with-new-training-initiatives\/\" title=\"El Salvador Deepens Bitcoin Integration with New Training Initiatives\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/06\/bitcoin-salvador.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">El Salvador Deepens Bitcoin Integration with New Training Initiatives<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>While Bitcoin has not yet reached the anticipated price levels, largely due to regulatory and market challenges, Scaramucci is confident it will eventually hit $100,000. He observed that recent investment trends show a strong preference for spot Bitcoin ETFs over direct Bitcoin purchases.<\/p>\n<p>On the regulatory front, Scaramucci mentioned evolving political attitudes towards crypto, noting that former President Donald Trump\u2019s views on Bitcoin have softened. He also pointed to potential bipartisan support for crypto legislation by the end of 2024, suggesting a favorable regulatory environment may develop over the next few years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Anthony Scaramucci, the founder of SkyBridge Capital, shared his optimistic outlook on Bitcoin during a CNBC Squawk Box interview.<\/p>\n","protected":false},"author":3,"featured_media":132362,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72],"class_list":["post-136066","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin Price Prediction From SkyBridge Capital&#039;s Founder<\/title>\n<meta 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