Yuri Molchan

Bitcoiner and SkyBridge Capital founder Scaramucci expects Bitcoin to actually hit $1 million within the next seven years

Anthony Scaramucci, founder and managing partner of SkyBridge Capital, which deals with crypto investments, has refuted rumors that the social media platform receives the green light from the SEC regulator.

In the same X post, Scaramucci shared his current outlook on how Bitcoin could rise over the next few years.

Responding to a request for comment from Jason A. Williams, investor and entrepreneur at Morgan Creek Digital, Scaramucci said he never said he expected Bitcoin to rise to $31,000,000 per coin. “This is clearly a typo,” he wrote.

This is obviously a typo. I never said it would cost 31mm per coin. I believe the next round will be $150-250k. $750k by the end of the decade. https://t.co/YwFqj054rI

-Anthony Scaramucci (@scaramucci) 21 October 2023

However, according to his

Scaramucci believes in the power of a Bitcoin ETF

Broadly speaking, it seems that, according to Scaramucci’s recent statement, the price of Bitcoin is going to rise once the Bitcoin spot ETF filing submitted by BlackRock to the SEC is approved. BlackRock is the world’s largest asset management fund with trillions of US dollars in assets under management.

At the beginning of the week, news was spread by some crypto media and then picked up by mainstream media like Reuters and Bloomberg, that the US securities regulator had approved the filing. After this the price of Bitcoin increased by almost 10%, almost reaching the psychologically important level of $30,000.

However, as soon as BlackRock head Larry Fink denied the rumor and said their iShares Bitcoin Spot ETF filing was still under consideration, BTC fell nearly 8%.

This week, financial guru and head of Galaxy Digital Fund Mike Novogratz told CNBC that he expects the first Bitcoin spot ETF to be approved this year.

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Robert Kiyosaki expects Bitcoin to reach $135,000

Financial guru and author of the book “Rich Dad, Poor Dad” on financial literacy Robert Kiyosaki recently published a post dedicated to the leading cryptocurrency Bitcoin.

Kiyosaki wrote that Bitcoin is currently testing the $30,000 price mark, but he expects its “next stop” to be $135,000. He also mentioned his other favorite safe haven assets – gold and silver.

According to him, gold will soon reach above $2,000 and then continue to rise rapidly till $3,700. He believes that silver will rise from $23 to $68 an ounce. According to him, this is going to happen, because the USD is losing its value due to a lot of excess money printing over the last three years.

Earlier this week, in a social media post, the “Rich Dad, Poor Dad” author urged his ex followers to choose Bitcoin.

About the Author

Yuri Molchan

Yuri is a crypto journalist interested in technology and technological innovations. He has been in crypto since 2017. He believes that blockchain and cryptocurrencies have the potential to change the world in many of its aspects in the future. ‘Hoddles’ is a prominent cryptocurrency and has written for several crypto media outlets.

His articles have been cited by crypto influencers like Tyler Winklevoss, John McAfee, CZ Binance, Max Keizer, etc.

Yuri is currently a news writer at U.today and can be contacted at [email protected].

source: u.today