Anthony Scaramucci, founder of hedge fund SkyBridge Capital, is predicting a bitcoin rally to six figures in the next few months, according to a report by the Daily Hodl.
The report quotes an interview with MarketWatch in which Scaramucci said he expects to see 'way better' inflation rates by the end of 2022, and that Russia's invasion of neighbouring Ukraine will have minimal impact on the global economy in the long term.
As economic prospect improve sow ill the outlook for bitcoin according to Scaramucci who predicts the digital current will rally to USD100,000 in the next year to 18 months.
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More