John McAfee Defends #post_titleM 2020 Bitcoin Price Prediction!

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Anthony Scaramucci, the former White House communications director and founder of investment firm SkyBridge Capital, has said Bitcoin could ‘easily’ hit $100,000 within the next 12 months as more companies and money managers are adopting it.

In an interview with Yahoo Finance on Wednesday, Scaramucci said he would advise investors to move the money that they do not need in the short-term to BTC. Bitcoin, he said, has a very big future.

Scaramucci has previously been critical of Bitcoin but has since become a believer. Last month, SkyBridge launched its Bitcoin Fund L.P with a $25 million capital. The fund’s minimum subscription size is $50,000 and it is about to cross $100 million in assets under management (AUM), the founder told Yahoo. The firm started investing in Bitcoin late last year. SkyBridge now has under $500 million worth of Bitcoin across all of its investments.

Scaramucci said money managers will soon be “benchmarked off of Bitcoin” and that a few percentage points of this will be related to digital currency. “So if you’re not going to be an investor in Bitcoin you’re effectively short Bitcoin,” he added, noting that the dominant cryptocurrency actually lifted his fund’s performance that took a hit at the beginning of the coronavirus pandemic.

“The SkyBridge Series G fund is up 33% since April 1, and some of that frankly has been the move in Bitcoin that we took advantage of in the fourth quarter of last year,” Scaramucci told Yahoo.

For him, Bitcoin is simply just going to work. In a previous interview, he said the GameStop fiasco is proof that Bitcoin is going to work. “How are you going to beat the decentralized crowd? That to me is more affirmation about decentralized finance,” he added.

In other breaking Bitcoin News today:

Jack Dorsey and Jay-Z to set up 500 BTC blind Bitcoin trust in India, Africa

Twitter CEO Jack Dorsey has announced the creation of a blind Bitcoin (BTC) development trust worth 500 BTC ($23.7 million), along with rapper Jay-Z, for teams working on the project in India and Africa.

Dorsey revealed the creation of the trust on Feb. 12 while sending out a call for three board members to oversee the blind trust initially.

Dubbed the ₿Trust, the application form for board members reveals the mission statement, “Make Bitcoin the internet’s currency.”

The Twitter CEO’s tweet appeared just hours after news broke concerning India’s alleged plans to completely ban the use of cryptocurrencies within its borders. The world’s second-most populated country could soon move to ban all crypto-assets, giving users a 3–6 month grace period to liquidate their holdings, according to an anonymous source who spoke to Bloomberg.

On Feb. 10, Jack Dorsey donated $1 million to the Washington D.C-based nonprofit organization Coin Center which also received a $2 million donation from asset management firm Grayscale. Dorsey’s ongoing infatuation with Bitcoin recently saw him set up a Bitcoin full-node from his Macbook, meaning he now has a hand in verifying the Bitcoin blockchain.

In other trending Crypto news today:

BITCOIN SETS NEW HIGHS AS ALL EYES WATCH REACTION TO $50,000 RESISTANCE

Bitcoin and the entire crypto market have been caught within a strong uptrend throughout the past few days and weeks, with sellers unable to gain any profound control over the aggregated market.

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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

JAY-Z/@S_C_ and I are giving 500 BTC to a new endowment named ₿trust to fund #Bitcoin development, initially focused on teams in Africa & India. It‘ll be set up as a blind irrevocable trust, taking zero direction from us. We need 3 board members to start: https://t.co/L4mRBryMJe

— jack (@jack) February 12, 2021

#Bitcoin is also front-running the Fed Because it’s better than Gold and its market cap is still small compared to Gold, stocks, bonds, property It has the most upside >> Because it’s perfect

💰 BlockFi: Up To $250 Bitcoin Bonus: https://blockfi.com/cryptonewsalerts

Crypto investment analyst Teeka Tiwari who picked Bitcoin (BTC) at $428 in 2016 is set to announce the next Trillion dollar cryptocurrency.

The former hedge fund manger and Wall Street executive predicted back in August when Bitcoin was still trading at about $10,000 that BTC would reach $60,000 or $70,000 “a lot sooner than most people realize.”

Palm Beach Research Group’s Teeka Tiwari, a crypto enthusiast, and an analyst will be releasing his prediction of a new crypto will soon join Bitcoin in the Trillion dollar market cap bracket. In an upcoming webinar event, “Crypto’s Next Trillion Dollar Coin,” set to be held on March 31, 2021, at 8 PM ET, Tiwari will reveal the next cryptocurrency and “where he believes the real money will be made in the crypto boom of 2021”.

According to the Palm Beach Research Group website, Teeka’s shows and webinars in the past have helped investors make insane profits in crypto and he intends to create the same results for his followers in the upcoming webinar.

Teeka Tiwari is a former hedge fund manager and a Wall Street executive who has made a name among crypto circles. He has been a regular contributor to the FOX Business Network. He has appeared on FOX News Channel, CNBC, ABC’s Nightline, The Daily Show with Jon Stewart, and international television networks.

Teeka was an early Bitcoin adopter, having bought his first Bitcoin at $428 in 2016 and calling a Trillion dollar market cap.

In other trending Bitcoin News today:

Elon Musk Holds $5 Billion in Bitcoin, According to SkyBridge Capital’s Anthony Scaramucci

Anthony Scaramucci, the founder of global investment firm SkyBridge Capital, says Elon Musk’s $1.5 billion Bitcoin purchase is just the tip of the iceberg.

In a new tweet, the former White House communications director reveals that Musk is also holding Bitcoin through his aerospace manufacturing company SpaceX.

“Elon Musk didn’t stop with Tesla. I understand that SpaceX owns Bitcoin on its balance sheet. Elon Musk owns over $5 billion in Bitcoin via Tesla, SpaceX, and personally. No living person has done more to protect the planet against climate change.”

Last month, MicroStrategy CEO Michael Saylor revealed that SpaceX is among the 7,000 companies that sent representatives to the business intelligence firm’s Bitcoin summit, an event launched for companies that are interested in buying BTC as a treasury asset.

Scaramucci adds that Musk’s multi-billion-dollar BTC investment is part of his vision to create a world that relies on renewable energy.

“The idea Elon Musk would invest in a ‘dirty asset’ is absurd. Future of Bitcoin mining is renewable energy. Elon Musk sees a future in which 1) renewables replace fossil fuels 2) Bitcoin demonetizes gold, RE, equities & art + becomes a dominant store of value.”

Answer to energy FUD is Elon Musk!”

According to a recent survey conducted by the Cambridge Centre for Alternative Finance, miners of Bitcoin and similar crypto assets use renewables to power 39% of their total energy consumption.

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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

Ultimately, #Bitcoin’s price can *only* get to multi-trillion valuations if the $USD gets destroyed. This is a feature, not a bug. The USD funds terrorism and drug lords globally. BTC promotes peace and love. pic.twitter.com/LgYSiVbxij

— Max Keiser (@maxkeiser) March 19, 2021

Elon Musk didn’t stop with Tesla. I understand that SpaceX owns #bitcoin on its balance sheet. @elonmusk owns over $5 billion in #bitcoin via Tesla, SpaceX, and personally. No living person has done more to protect the planet against climate change. (1/2)

— Anthony Scaramucci (@Scaramucci) March 19, 2021

https://cointelegraph.com/news/bullishness-for-bitcoin-continues-despite-its-struggle-to-reclaim-60-000

💰 BlockFi: Up To $250 Bitcoin Bonus: https://blockfi.com/cryptonewsalerts

Wall Street veteran Max Keiser says money printing and dollar debasement is boosting the rise of Bitcoin.

Keiser, who is an early BTC investor, says the digital asset’s parabolic ascent could ultimately take the Bitcoin price to about the $2 million mark.

In a new edition of RT’s Keiser Report, the longtime Bitcoin bull says he expects actions from US regulators to continue to inadvertently make the case for BTC, which has a hard supply cap of 21 million coins.

“The reason why Bitcoin is skyrocketing is because there’s hyperinflation in America. And the US dollar is in a hyperinflationary collapse against Bitcoin. And the solution, as we’ve been describing by these policymakers, will always be to print more money. So that means that Bitcoin is on a one-way trip higher because they have no other policy solution than to print money.”

He points to the 2008 financial crisis as the start of a spiral that brought forth and continues to fuel Bitcoin’s ascent.

“They’re just going to keep printing. And well, you know, my Bitcoin is up 9,000,000% since I first bought it. And it’s probably going to go up another 40x.”

On Tesla’s $1.5 billion investment in Bitcoin last month, Keiser says it amounts to the electric carmaker’s CEO Elon Musk going to war with the Federal Reserve.

“This is a speculative attack that Elon Musk is making on the Fed, right. So he’s already gone to war with the SEC. He’s already gone to war with the SEC (U.S. Securities and Exchange Commission) and he’s shown them to be venal and captured. Now he’s gone to war with the Federal Reserve, and says I’m not going to buy back my own stock; I’m going to take your cheap money, I’m going to buy Bitcoin like Michael Saylor is doing. And now 500 other CEOs in the S&P 500 are like, ‘You know what? That’s a darn good idea.’”

They’ve made more on their Tesla investment in less than six months than they’ve ever made in the entirety on their business of selling cars.”

In other trending Bitcoin News today:

Bitcoin Accelerates Toward $1T Market Cap As BTC Price Hits New All-Time High

Bitcoin (BTC) hit yet another all-time high on Feb. 19 as the largest cryptocurrency set its sights on becoming a trillion-dollar asset.

Holding $50,000 support over the past two days, Bitcoin was primed for further gains in the short term, analysts believed, with one area in particular capturing hodlers’ imagination.

At around $53,600, Bitcoin’s total market cap will pass $1 trillion for the first time in history.

“It is simple. In the old world your money loses value, because governments debase currencies to fund their warfare & welfare state,” quant analyst PlanB summarized on Friday.

“In the new world bitcoin increases in value, because math caps the monetary base at 21M BTC. The new world is eating the old world right now.”

Cryptocurrency investment giant Grayscale has added another $87 million to its Bitcoin Trust (GBTC), data confirms.

According to data from on-chain monitoring service Bybt, Feb. 19 saw a 1,672 BTC top-up of Grayscale’s flagship fund, which now contains a total of just over $34 billion.

With the latest buys, Grayscale’s total assets under management (AUM) passed $40 billion for the first time. Second to Bitcoin is the firm’s Ethereum Trust, which contains almost $6 billion of ETH.

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🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:

Trezor: ► http://trezor.cryptonewsalerts.net

Ledger: ► http://ledger.cryptonewsalerts.net

DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

I’m raising my short term #BTC price target from $65K to $77K based on growing supply-shock issues – as coins are removed from exchanges

My 2021 target of $220,000 remains pic.twitter.com/y1SKIYQW53

— Max Keiser (@maxkeiser) February 17, 2021

It is simple. In the old world your money loses value, because governments debase currencies to fund their warfare & welfare state. In the new world #bitcoin increases in value, because math caps the monetary base at 21M BTC. The new world is eating the old world right now. pic.twitter.com/yuTQ0SrdI7

— PlanB (@100trillionUSD) February 19, 2021

https://cointelegraph.com/news/binance-coin-becomes-the-third-largest-crypto-following-parabolic-rally

https://dailyhodl.com/2021/02/18/max-keiser-unveils-massive-bitcoin-price-prediction-says-us-dollar-in-hyperinflationary-collapse-against-btc/

https://cointelegraph.com/news/bitcoin-accelerates-towards-1t-market-cap-as-price-hits-new-all-time-high