Digital Coin News

Davos 2023: Scaramucci's SkyBridge bets on US$35k bitcoin, targets credit

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

DAVOS, Switzerland: SkyBridge Capital is betting on a sustained turnaround in cryptocurrency markets in 2023, the firm's founder Anthony Scaramucci said, while admitting this view was 'overly bullish'. 'If bitcoin could trade back to US$35,000, SkyBridge is going to have an amazing year,' Scaramucci told t

DAVOS, Switzerland: SkyBridge Capital is betting on a sustained turnaround in cryptocurrency markets in 2023, the firm's founder Anthony Scaramucci said, while admitting this view was"overly bullish".

January's crypto rally could be sustained as 2023's"halving", when the number of new bitcoins released is cut in half, will constrain supply and drive prices higher, he said. SkyBridge has invested in bitcoin, ethereum, solana and altcoin algorand, and is also eyeing the structured credit market to drive 2023 returns after the firm's losses in 2022.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Davos 2023: Scaramucci's SkyBridge bets on $35k bitcoin, targets creditDAVOS, Switzerland : SkyBridge Capital is betting on a sustained turnaround in cryptocurrency markets in 2023, the firm's founder Anthony Scaramucci said, while admitting this view was 'overly bullish'.'If bitcoin could trade back to $35,000, SkyBridge is going to have an amazing year,' Scaramucci told th
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »