May 8, 2024

Former White Home Communication Director Anthony Scaramucci has dismissed rumors suggesting that he predicted a Bitcoin BTC/USD value surge to $31 million upon the approval of an ETF.

What Occurred: Scaramucci debunked the rumor, stating an easy “No” in response to an X publish. 

Nevertheless, Scaramucci stays optimistic about Bitcoin’s potential, envisioning a 2,662% rise from its present valuation of roughly $543 billion. “Bitcoin in some ways is extra worthwhile than gold,” he mentioned.

Throughout an interview on the OPTO – Put money into Innovation podcast, Scaramucci expressed his optimistic outlook on Bitcoin, suggesting that it might rival a $15 trillion asset class, as reported by The Block.

Whereas Scaramucci sees the potential of Bitcoin, he doesn’t foresee it changing conventional fiat currencies universally inside his lifetime.

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Why It Issues: Through the podcast, Scaramucci expressed his deep disappointment with Sam Bankman-Fried, the embattled founding father of the now-defunct FTX trade, who’s at the moment dealing with trial.

In a disheartened tone, Scaramucci mentioned, “SBF broke my coronary heart,” referring to FTX Ventures’ acquisition of a 30% stake in SkyBridge shares merely two months earlier than FTX filed for chapter.

Worth Motion: On the time of writing, BTC was buying and selling at $30,348.88, up 1.70% within the final 24 hours, in response to Benzinga Professional.

Picture by World Financial Discussion board on Flickr

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