Speaking to CNBC, the SkyBridge Capital founder Anthony Scaramucci shared his thoughts on cryptocurrency legislation in the United States and offered some of his crypto investment recommendations. On the matter of the crypto hearing, Scaramucci stated: He added:

Scaramucci bets on Coinbase and Microstrategy in 2022

Furthermore, the hedge fund manager and founder of Skybridge was questioned about his cryptocurrency predictions in 2022, including whether or not markets would remain well supported into the new year, and if so, which trade he could not live without. On the matter, Scaramucci responded: In his opinion, the sluggishness in this market and why we haven’t seen as much of a rebound with Bitcoin is down to profit-taking. Scaramucci pointed out that if you go back to where we were at this time last year, the value of these coins is somewhere between three and a half and six times what they were.  As a result, the hedge fund manager believes that there will be a significant uptick in institutional purchases by January.  It’s worth mentioning that Scaramucci is a proponent of crypto, describing Bitcoin as “digital gold,” and previously claimed to have “over $1 billion” in BTC, which he began acquiring last year. Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.