CoinMarketCap: Read what our contributors have to say. This content is provided by the community. DYOR!
Scaramucci Endorses Solana in Epic Crypto Forecast
Table of Contents
Market Musing-g

Scaramucci Endorses Solana in Epic Crypto Forecast

U_Today
By U_Today
4 months ago
2 mins read
Scaramucci Endorses Solana in Epic Crypto Forecast
Cover image via U.Today

Anthony Scaramucci has confirmed being a Solana holder and once again predicted massive tokenization.

In his keynote speech at the at Breakpoint 2024 event, SkyBridge Capital founder has shared his view on the cost of financial transactions and the future of crypto.

According to him, the big reason for tokenization of finance is the general lack of trust among people, which contradicts the practice of having multiple parties involved in transactions.

On the other hand, about $7 trillion are spent globally each year merely on transaction verification.

“Hopefully, the tokenization will happen on Solana, because I own a lot of Solana, and I believe it eventually will,” he said.

Is Solana ETF approval coming soon?

In late May, Scaramucci published a tweet in which he advised the global cryptocurrency community to get ready for Solana ETF approval.

We are going to get a $SOL ETF get ready.
— Anthony Scaramucci (@Scaramucci) May 24, 2024

SOL, labeled by the SEC as an unregistered security, contrasts with Bitcoin and Ethereum, which the regulator has deemed commodities. However, despite regulatory hurdles for many altcoins, Bitcoin continues to see institutional adoption, paving the way for other cryptocurrencies.

On Friday, the SEC approved BlackRock's proposal to list and trade options for its spot Bitcoin ETF, fast-tracking approval for options trading under the ticker IBIT on Nasdaq ISE.

Some analysts, including Bloomberg’s Eric Balchunas, predict this decision could significantly impact Bitcoin’s price, potentially driving a major bull run as new liquidity flows into the market, similar to the surge seen after BTC ETFs were approved in January.
0 likes
|

Other articles published on Sep 21, 2024

Market Musing-g

Hacker Berulah Lagi, Youtube Mahkamah Agung India Promosikan Kripto Scam

Hacker kembali beraksi, kali ini menyerang saluran YouTube resmi Mahkamah Agung India dan menggunakannya untuk mempromosikan kripto scam. Pada 20 September, saluran tersebut diretas, namanya diubah...
By blockchainmedia.id
4 months ago
4 mins read
Market Musing-g

BlackRock CEO Larry Fink Makes Bullish Remarks on Bitcoin

Larry Fink, CEO of BlackRock, the world's largest asset manager, spoke about Bitcoin in his statement. Continue Reading: BlackRock CEO Larry Fink Makes Bullish Remarks on Bitcoin
By Bitcoin Sistemi EN
4 months ago
2 mins read
Market Musing-g

Early Bitcoin (BTC) Investor Who Made $150M Reveals His Next Gem Picks for 2024!

An early Bitcoin investor who earned $150M shares his next crypto gem picks for 2024. Discover the coins he believes have the potential for massive gains in the upcoming bull run! The post Early Bi...
By TheCoinrise Media
4 months ago
4 mins read
Market Musing-g

Daddy Powell Solana Memecoin Will Rally 14,000% Before Exchange Listing, As SHIB and DOGE Lag

Daddy Powell could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE)...
By Crypto Intelligence
4 months ago
2 mins read
Market Musing-g

BlockDAG Testnet Officially Live! BDAG Expected To Hit $20 by 2027— What Are Solana & Pepe Coin’s...

The crypto market has seen some exciting moves recently. Pepe Coin (PEPE) is eyeing a 196% price target amid fluctuating market conditions. Meanwhile, Solana Foundation’s backing of a $100M DePIN f...
By TheNewsCrypto
4 months ago
5 mins read
Market Musing-g

Gold Hit New ATH on Friday, Bitcoin Did Not: Which Has Performed Better in 2024?

Gold's price against the USD exceeded $2,600 on Friday for the first time ever.
By CryptoPotato_News
4 months ago
3 mins read

Join the thousands already learning crypto!

Join our free newsletter for daily crypto updates!