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Peter Davis

An writer at FOMOdrive

  • Sep 24, 2023
  • 2 min read

Anthony Scaramucci Predicts an 'Amazing' Decade for Bitcoin

It is unlikely that the sanctioning of spot Bitcoin Exchange Traded Funds (ETFs) will cause a significant surge in the cryptocurrency market.

The creator of SkyBridge Capital is still optimistic about Bitcoin.

A Bloomberg strategist has cautioned that the US Federal Reserve's actions could lead to a decrease in the value of Bitcoin.

The court was asked by Binance to dismiss the SEC's claims.

The expectations for the April update to the Shanghai Ethereum network were not met.

Concordium founder Lars Seyer Christensen has stated that the authorization of spot Bitcoin ETFs will not cause a sudden surge in the crypto market. He believes that the market will experience a slow and steady increase over the next 18 months, and investors should not anticipate a quick rally.

Anthony Scaramucci, the founder of SkyBridge Capital, is still confident in Bitcoin's future. He stated, "If you own BTC, I wouldn't advise selling it. I think the next decade or two will be incredibly bullish for it." Scaramucci believes that Bitcoin has more potential than gold.

Mike McGlone, a strategist from Bloomberg, has warned that Bitcoin could be negatively impacted by the actions of the US Federal Reserve. The Fed is continuing to put pressure on the cryptocurrency market by tightening its monetary policy, and the closest support level for BTC is currently $25,000.

Binance has submitted a request to the court to reject the allegations of the US Securities and Exchange Commission (SEC), arguing that the regulator is making "unrealistic" claims and going beyond its jurisdiction.

JPMorgan has expressed disappointment in the April Shanghai update to the Ethereum network, citing its lack of results and network activity. Furthermore, the crypto community has raised valid questions about the degree of decentralization of the network.

Experts from the Institute of Risk Management have suggested that Bitcoin has the potential to act as a catalyst for the global energy transition and reduce the amount of harmful emissions released into the atmosphere.

6.8% of users of the Nansen analytics platform had their emails, password hashes, and wallet addresses leaked to the public due to a breach of a third-party data provider.

Bitmain has unveiled a new, powerful Bitcoin mining machine: the Antminer S21. This device boasts a hashrate of 335 TH/s and is incredibly energy efficient.

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