Anthony Scaramucci, founder of SkyBridge Capital, remains confident in Bitcoin despite its recent sharp correction. He highlights five reasons for his bullish stance: Bitcoin's role as a hedge against currency debasement, its fixed supply enforced by code, the recent correction driven by forced selling rather than fundamentals, lasting institutional infrastructure built since 2024, and Bitcoin's potential to capture market share from gold. Scaramucci also sees current market pessimism as a buying opportunity and previously predicted Bitcoin could reach $170,000 to $200,000 by 2026, though these targets now seem less likely. However, he and Galaxy Digital CEO Mike Novogratz expect Bitcoin to reclaim $70,000 by July, potentially reigniting bullish momentum.
Bitcoin recovered to around $64,200 over the weekend after a Friday sell-off, remaining roughly flat for the week. The market is focused on US-Iran ceasefire talks in Switzerland, while Iran's renewed threat to close the Strait of Hormuz adds uncerta...
Crypto markets gained about $39 billion after U.S.-Iran ceasefire talks led by Marco Rubio raised optimism. Bitcoin reclaimed $64,000 and Ethereum showed recovery signs, but trading volumes stayed below normal, indicating limited conviction. Traders ...
Bitcoin options open interest on CME has dropped significantly from $290M in November to around $30-40M by June 2026, with traders focusing on near-term contracts. Futures open interest remains strong, led by Binance and CME, while Deribit shows more...
Bitcoin and Ethereum spearheaded a broad crypto market rally, with Bitcoin rising to $63,880.92 and Ethereum to $1,731.60. Large-cap altcoins also saw gains, notably Solana with a 4.01% increase. However, the rally was accompanied by declining tradin...
Bitcoin is trading around $63,792 and Ethereum near $1,725 amid ongoing market volatility and mixed investor sentiment. Despite current underperformance, bold forecasts suggest Bitcoin could reach between $10 million and $1 billion by 2045 or 2038 re...
