{"id":14641,"date":"2024-06-24T18:50:14","date_gmt":"2024-06-24T15:50:14","guid":{"rendered":"https:\/\/forklog.com\/en\/anthony-scaramucci-predicts-ethereum-could-reach-12000\/"},"modified":"2024-06-24T18:50:14","modified_gmt":"2024-06-24T15:50:14","slug":"anthony-scaramucci-predicts-ethereum-could-reach-12000","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/anthony-scaramucci-predicts-ethereum-could-reach-12000\/","title":{"rendered":"Anthony Scaramucci Predicts Ethereum Could Reach $12,000"},"content":{"rendered":"<p>Ethereum&#8217;s price could soar to $10,000\u201312,000, according to Anthony Scaramucci, CEO and founder of SkyBridge Capital.<\/p>\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\">\n<div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Anthony Scaramucci on Why Biden, Not Trump, Will Be Best for Crypto\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/yxNyluZsna0?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div>\n<\/figure>\n<p>During an appearance on the Unchained podcast, the entrepreneur suggested Bitcoin could reach values between $170,000 and $250,000.<\/p>\n<p>Scaramucci believes the decisive factor will be the adoption of the leading cryptocurrency as an asset class by institutional players.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;It will be an investment advisor or a pension fund. But someone, to keep their job, will seek advice on where to allocate money,&#8221; stated the head of SkyBridge Capital.<\/p>\n<\/blockquote>\n<p>Contrary to the views of some in the crypto community, he predicted a victory for Joe Biden in the upcoming U.S. elections. However, Scaramucci believes this will not prevent Bitcoin from reaching new all-time highs.<\/p>\n<p>The entrepreneur sees institutional acceptance of cryptocurrency as the main driver. According to him, the share of digital gold in the portfolios of major players will soon reach 3%.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;And when that happens, there will be huge demand for Bitcoin,&#8221; Scaramucci believes.<\/p>\n<\/blockquote>\n<p>As an example of this trend, he cited the <a href=\"https:\/\/forklog.com\/en\/news\/wisconsin-state-investment-board-reveals-163-million-etf-holdings\">Wisconsin State Investment Board&#8217;s<\/a> investment in the leading cryptocurrency through an ETF exceeding $160 million. Scaramucci described the approval of spot Bitcoin exchange-traded funds as a significant regulatory breakthrough for attracting new capital.<\/p>\n<p>Back in April, the entrepreneur opined that the leading cryptocurrency <a href=\"https:\/\/forklog.com\/en\/news\/anthony-scaramucci-predicts-bitcoin-as-a-store-of-value-by-2026\">would become a store of value<\/a> by the end of 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum&#8217;s price could soar to $10,000\u201312,000, according to Anthony Scaramucci, CEO and founder of SkyBridge Capital. During an appearance on the Unchained podcast, the entrepreneur suggested Bitcoin could reach values between $170,000 and $250,000. Scaramucci believes the decisive factor will be the adoption of the leading cryptocurrency as an asset class by institutional players. &#8220;It [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14640,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1254,1146,1138],"class_list":["post-14641","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-anthony-scaramucci","tag-cryptocurrency-market-forecasts","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"41","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/14641","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=14641"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/14641\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/14640"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=14641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=14641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=14641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}