supremacy – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Fri, 11 Jul 2025 00:38:30 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 supremacy – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Anthony Scaramucci Says $180,000 Bitcoin Price Explosion Possible As BTC ‘Supremacy’ Creeps Up – Here’s His Timeline https://earlybirdsinvest.com/anthony-scaramucci-says-180000-bitcoin-price-explosion-possible-as-btc-supremacy-creeps-up-heres-his-timeline/ https://earlybirdsinvest.com/anthony-scaramucci-says-180000-bitcoin-price-explosion-possible-as-btc-supremacy-creeps-up-heres-his-timeline/#respond Fri, 11 Jul 2025 00:38:29 +0000 https://earlybirdsinvest.com/anthony-scaramucci-says-180000-bitcoin-price-explosion-possible-as-btc-supremacy-creeps-up-heres-his-timeline/

SkyBridge Capital founder and CEO Anthony Scaramucci says Bitcoin (BTC) appears ready for more upside as it hovers around its all-time high.

In a new interview on the White Crypto YouTube channel, the hedge fund veteran says Bitcoin could go up by up to 65% from the current level before the end of the year.

“Well, every time I make a price prediction, I get it wrong. But I did say last year that I thought we could close in on $100,000. We didn’t quite get there until after the [President Trump] inauguration. But I do think this is $150,000 to $180,000 by year-end.”

According to Scaramucci, demand for Bitcoin from institutional investors is primed to keep going up.

“Bitcoin supremacy, if you will, is creeping up and I think that’s going to continue because it’s the go-to asset for institutional investors. That’s not to say that the other coins won’t do well. But I think institutional dollars that are coming into the space, something like 80% of those dollars will end up in Bitcoin.”

Scaramucci, however, says Bitcoin is currently facing various headwinds amid the heavy demand.

“There are a lot of things holding Bitcoin back. We’re fighting in the Gulf, we’re fighting in Ukraine and we’re fighting in the former Soviet Union, Russia. There’s global tension. There’s a fear of recession. We’re still getting over the aftermath, economically, of COVID. And so there are a lot of things holding Bitcoin back.

But despite that, there’s very heavy net buying of Bitcoin, particularly through the [exchange-traded funds] ETFs.”

Bitcoin is trading at $109,273 at time of writing.

 

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]]> https://earlybirdsinvest.com/anthony-scaramucci-says-180000-bitcoin-price-explosion-possible-as-btc-supremacy-creeps-up-heres-his-timeline/feed/ 0 46938 Trump declares end to ‘war on crypto,’ vows to propel America to Bitcoin supremacy https://earlybirdsinvest.com/trump-declares-end-to-war-on-crypto-vows-to-propel-america-to-bitcoin-supremacy/ https://earlybirdsinvest.com/trump-declares-end-to-war-on-crypto-vows-to-propel-america-to-bitcoin-supremacy/#respond Sat, 08 Mar 2025 13:06:56 +0000 https://earlybirdsinvest.com/trump-declares-end-to-war-on-crypto-vows-to-propel-america-to-bitcoin-supremacy/

President Donald Trump reaffirmed his commitment to supporting cryptocurrency and making America the “Bitcoin superpower” at the first White House crypto summit on March 7.

Trump reaffirmed his pledge to reverse restrictive policies and position the US as a global leader in digital assets. He stated that his executive order establishing a Bitcoin reserve and a digital assets stockpile fulfills the promises he made last year.

He also lamented the fact that the government had sold considerable amounts of the Bitcoin it once held and said his administration would ensure the federal government can never sell BTC again.

He stated:

“Everybody knows, never sell your Bitcoin.”

Trump further stated that the Treasury is working on developing methods to accumulate more Bitcoin without impacting taxpayers.’

Trump also compared the crypto race to artificial intelligence, emphasizing the need for American leadership.

“It’s important we stay in front of this one. We should be in the lead, just like we are in AI.”

Ending the war on crypto

Trump criticized the Biden administration for waging what he called a “war on crypto” and announced the formal end of Operation Chokepoint 2.0, a policy seen as restricting financial services for crypto firms.

He blasted regulators and Biden, stating that “people really suffered” under their restrictive and harmful policies and criticized them for only easing their stance when election season approached.

He said:

“In the end, they came around — but only for votes.”

Meanwhile, US Treasury secretary Scott Bessent, who is now in charge of managing the Bitcoin reserve, also criticized Biden’s approach to the industry. He said:

“Biden did nothing but punish tech innovators in the US.”

Bessent added that the Trump administration is working with the IRS to rescind previous guidance that has stifled the industry and working with lawmakers to develop a comprehensive regulatory framework for crypto and stablecoins.

He also stated that the US intends to use stablecoins to ensure the US dollar maintains its dominance as the world’s reserve currency.

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