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Skybridge Capital Founder Predicts $100K Bitcoin Price This Year Due to ‘Heavy Demand’ and Diminishing Supply – Markets and Prices Bitcoin News

The founder of asset management firm Skybridge Capital, Anthony Scaramucci, has predicted that the price of bitcoin will reach $100,000 before the year-end simply due to supply and demand. “You don’t have a lot of supply out there and very heavy demand,” he said. His firm currently has over half a billion dollars in bitcoin. … Read more

Crypto Hedge Funds Defraud $100 Million From Investors, Founder Faces 20 Years in Prison – Regulation Bitcoin News

The founder of two cryptocurrency hedge funds has been charged in U.S. federal court for securities fraud. He has pleaded guilty and is facing up to 20 years in prison. His two funds cumulatively had over $100 million in investments. The U.S. Department of Justice (DOJ) announced Thursday that Stefan He Qin, a 24-year-old Australian … Read more

Founder of Crypto Scam Promoted by Actor Steven Seagal Charged — Key Member Arrested in US – Regulation Bitcoin News

Three people have been charged in the U.S. over two cryptocurrency scams, one of which was promoted by famous Hollywood actor Steven Seagal. The main promoter of the schemes has already been arrested and is facing criminal charges. Seagal previously settled the charges against him relating to the scheme. The U.S. Securities and Exchange Commission … Read more

World’s Largest Hedge Fund Bridgewater Has Crypto Plans — Founder Ray Dalio Calls Bitcoin ‘One Hell of an Invention’ – Featured Bitcoin News

The founder and chief investment officer of Bridgewater Associates, the world’s largest hedge fund firm, has clarified his view on bitcoin and cryptocurrency. Ray Dalio also reveals that he and his colleagues at Bridgewater “are intently focusing on alternative storehold of wealth assets.” Bridgewater Founder Ray Dalio ‘Greatly’ Admires Bitcoin Ray Dalio, founder and chief … Read more

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