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Skybridge Estimates Bitcoin’s Fair Market Value at $40K and Ethereum’s at $2,800

Skybridge Capital’s founder says bitcoin’s fair market value is about $40,000 based on adoption, wallet size, use cases, and growth of wallets. The asset management firm also estimated ethereum’s fair…

Continue ReadingSkybridge Estimates Bitcoin’s Fair Market Value at $40K and Ethereum’s at $2,800

Is the bottom in? Raoul Pal, Scaramucci load up, Novogratz and Hayes weigh in

Some high-profile investors have taken the recent market downturn as an opportunity to add to their crypto positions, though others warn there’s still a risk of worse to come.

Continue ReadingIs the bottom in? Raoul Pal, Scaramucci load up, Novogratz and Hayes weigh in

Skybridge Founder Advises How to Survive Crypto Bear Market — ‘We Are in a Bloodbath’

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.…

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Skybridge Capital: We Are ‘Extremely Bullish’ on Crypto

Skybridge Capital, a $3.5 billion asset management firm, is “extremely bullish” on the crypto sector, says an executive of the firm. “For us, we think the cryptocurrency markets represent tremendous…

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Skybridge Capital Founder: Bitcoin Will Be Legal Tender in Many Latin American Countries

The founder of Skybridge Capital has predicted that “bitcoin will be used by many Latin American countries as legal tender over time, not just El Salvador.” He recently doubled down…

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Skybridge Capital Founder Doubles Down on $100K Bitcoin Prediction — Expects BTC to Reach $500K Long-Term

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…

Continue ReadingSkybridge Capital Founder Doubles Down on $100K Bitcoin Prediction — Expects BTC to Reach $500K Long-Term

Skybridge Capital Founder Says Bitcoin ‘Will Easily Trade at $500K’ — Urges Investors to Buy Right Now

Skybridge Capital’s founder says bitcoin “will easily trade at $500,000 a coin,” noting that investors should buy some right now, even at the current price. “I’m trying to do my…

Continue ReadingSkybridge Capital Founder Says Bitcoin ‘Will Easily Trade at $500K’ — Urges Investors to Buy Right Now

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…

Continue ReadingSkybridge Capital’s Scaramucci on Crypto Boom: ‘The Institutions Are Not There’