CandleFocus $150K Bitcoin: Scaramucci Sees Trump Depoliticizing Crypto, Fueling BTC's Next Surge
2024-11-15
Author: Content Editor
The founder of Skybridge Capital, Anthony Scaramucci, believes that bitcoin could reach $150,000 if regulations are eased. He expressed optimism about the potential for the next U.S. administration to "depoliticize" the regulatory landscape, which he believes would support the growth of decentralized finance and blockchain industries. Scaramucci highlighted the work of former SEC Chair Jay Clayton and former Acting Comptroller of the Currency Brian Brooks on updating stablecoin legislation and clarifying asset distinctions, which he believes would be favorable for the cryptocurrency sector. While Scaramucci acknowledged the favorable cryptocurrency policies of the Trump administration, he also cautioned that isolationist policies could harm the U.S. economy and potentially overshadow any positive crypto regulation.
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