Latest news with #SkyBridge
Yahoo
22-05-2025
- Business
- Yahoo
Cryptocurrency ETF (CRPT) Hits New 52-Week High
First Trust SkyBridge Crypto Industry and Digital Economy ETF CRPT is probably on the radar for investors seeking momentum. The fund just hit a 52-week high and moved up 176.1% from its 52-week low price of $8.50/share. Are more gains in store for this ETF? Let us take a quick look at the fund and the near-term outlook on it to get a better idea of where it might be headed. The First Trust SkyBridge Crypto Industry and Digital Economy ETF seeks to provide investors with capital appreciation. The product charges 85 bps in annual fees. Bitcoin surpassed $111,000 for the first time, with traders increasingly bullish on the prospects of the original cryptocurrency amid mounting institutional demand. This is why the Crypto ETF CRPT hit a 52-week high lately. The ETF CRPT might continue its strong performance in the near term, with a positive weighted alpha of 66.90, which gives cues of a further the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research
Business Mayor
11-05-2025
- Business
- Business Mayor
Bitcoin: When will sovereign wealth funds get involved?
Image: KI Advertisment The discussion surrounding Bitcoin and its role in the global financial infrastructure is gaining momentum. Anthony Scaramucci, founder of SkyBridge and former White House Communications Director, recently shared his views on Bitcoin's future development in a podcast. Anthony Scaramucci, a prominent investor and founder of SkyBridge, recently shared his views on the future of Bitcoin… Dive into a world of exclusive Bitcoin insights and analyses, reserved only for Premium Members. Gain unlimited access to all in-depth articles and exclusive content. Check our packages Best seller 149 $ one time Stay ahead, not behind. Instant access to all our crypto insights – no more FOMO! 9.99 $ Eliminate FOMO, maximize gains. Instant access to all crypto insights. 79 $ No more FOMO, just profit. Get instant access to all our crypto insights. – Bitcoin News source since June 2011 – Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. holds several Cryptocurrencies, and this information does NOT constitute investment advice or an offer to invest. Everything on this website can be seen as Advertisment and most comes from Press Releases, is is not responsible for any of the content of or from external sites and feeds. Sponsored posts are always flagged as this, guest posts, guest articles and PRs are most time but NOT always flagged as this. Expert opinions and Price predictions are not supported by us and comes up from 3th part websites. Advertise with us : Advertise For the latest cryptocurrency news, join our Telegram! READ SOURCE
Yahoo
03-03-2025
- Business
- Yahoo
Trump, Zelensky meeting was a 'propaganda setup': Scaramucci
A heated exchange between US President Donald Trump, Vice President JD Vance, and Ukrainian President Volodymyr Zelensky was a "propaganda setup," says SkyBridge founder Anthony Scaramucci, who briefly served as White House communications director in Trump's first administration. "It felt like a setup to me. It felt like they brought him in to rough him up like that, I guess, to humiliate him and get him to resign because he's a very strong leader... It was a propaganda setup, frankly." Watch the video above to hear more from Scaramucci on bitcoin (BTC-USD) prices and the impact of tariffs on the US economy as he speaks with Yahoo Finance Executive Editor Brian Sozzi at the Bitcoin Investor Week conference in New York. See for yourself — The Yodel is the go-to source for daily news, entertainment and feel-good stories. By signing up, you agree to our Terms and Privacy Policy. Also catch Brian Sozzi's full interviews with Professional Capital Management founder and CEO Anthony Pompliano, and Figure Markets founder and CEO Mike Cagney from the Bitcoin Investor Week conference To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Stephanie Mikulich. Anthony, first of all, good to see you. Uh, appreciate you coming on, man. Yeah, less cold than World Economic Forum, yes, you had to have seen the exchange in the Oval Office between Zelensky, President Trump, and JD Vance. Your thought on that? Listen, I, I see it very differently than Donald Trump and JD Man. The Russians were the aggressors. The Ukrainians had a democratically elected leader that repelled them and did the bidding of Western Europe and the free world by repelling a dictator from invading a sovereign nation and so. Uh, I don't, I, it felt like a set up to me. It felt like they brought him in to rough him up like that, I guess, to humiliate him and get him to resign because he's a very strong leader. The expectation was 3 years ago that he was gonna leave. Putin was going to take Kiev in weeks, and they've been fighting it out for 3 years. And so you know I applaud, I applaud Zelensky, President Zelensky, and I just think it's a shame that the United States is going in this direction. So I'm not a fan of what happened and uh but I understand what they did to him. It was a it was a propaganda set up frankly. You've worked with this president. You've been this close to him. What is he thinking in terms of why is he warming up to Putin? I, you know, I, none of us could figure that out, you know, whether it was me, McMaster, John Kelly, none of us could figure it out, and I'm not saying that President Trump is an agent of Vladimir Putin, none of us say that, but if he was. You would go down the list of what he is doing and you would do those things. You would go after the Canadians, our long standing allies. You would attack the Mexicans. You would say that Panama needs to get back the canal. You're gonna take Greenland. You know what he what he's doing is he's trying to set this up so that there's a multi-polar world. Maybe there's an American pole to the world and a Russian poll to the world and perhaps a Chinese poll to the world, uh, and that's sort of a. Change in direction from the free world protecting itself and drawing multilateral alliances and trade agreements among themselves to make themselves safe and what I would say is that there are 5.7 billion people on the planet that are living under some form of autocracy right now and uh what they got from the United States was a country. That believed in freedom and was trying to push freedom and just compare this to Ronald Reagan as an example he's meeting Gorbachev in Moscow. The State Department says don't stop to meet the Jewish dissidents, but he stops to meet the Jewish dissidents to send this message. And so the message that's going on today, I think is antithetical to what America has represented. Now if you're telling me this is the direction that America wants to go in. Uh, and we're a democratic country. That's the message we want to go in that direction. That's fine, but I would represent the dissent of that. I would say that that's a bad direction for America. It's gonna be bad commically. It's gonna be bad for our alliances it's gonna be bad economically and is it bad for investors, and I bring that up because we, because we saw markets trade higher into this president's reelection. We have tariffs now. Anthony, I was on, uh, in inventing HPCO Enrique Lares yesterday, he might have to raise prices because of tariffs on his computers. We have tariffs. We have the spectacle in the Oval Office. How could investors not fear this president? Uh look, it's very bad, but look, the market's telling you. That you know Steve Cohen, a good friend of mine, I'm an investor of his, he, he said it last week. Remember, tariffs are a tax and they're primarily a consumer taxes a consumption tax. It's sort of like a a VAT, and that's a regressive tax. And so what ends up happening is the poor people, it eats up more of their disposable income than any other income group, and it's very harmful. It creates a negative flywheel, uh, a vicious circle in the economy, so. Again, I, I, I, I understand that we need to manicure and surgically go through our trade agreements and and reset some of them to protect American workers, and I'm all for that, but I don't think this sort of blanket approach is the right way to do it and I and I and I think he's uh he's gonna put us into a recession, frankly. We've seen recession probabilities pick up. Our shows have been talking about it all day long. Are they right? Are economists right to worry that this president puts us into a mild I mean you got you got you got some room. The Fed could cut rates and create more liquidity in the market if we're really going to go into a recession. Uh, but it feels like that he didn't need to do any of this, you know, the economy was doing quite well. Uh, he could have surgically applied some tariffs. He could have, if he didn't like certain things, remember, he himself did the trade deal, redid the trade deal with China, redid the trade deal with Canada and Mexico. If he didn't like elements of it, he could have gone back to them and tried to tweak it. But going about it the way he's going about it, you know, he's got the Canadians talking to the Chinese now about selling their energy, you know, I don't know. I don't think that's in the best interest of the United States. Lastly, of course, we're at the Bitcoin Investor Week conference. I've talked to folks in this room. People are optimistic about a Bitcoin reserve, stablecoin regulation. They they think the administration is going to be friendly to crypto, but given everything else we're seeing, Anthony, does the crypto community, are they gonna get a wake up call that maybe the year goes by and none of these things happen. Well, I mean, there's a chance of that, but I think, I think even if the worst case happens, the one that you just described, the fact that there isn't a jihad. Against the crypto community, I think it's very good long term for crypto. Uh, this macro stuff though is not great for crypto, you know, just remember this with Donald Trump. You get the whole buffet table. You get the meme coin grift. You get the 51st state for Canada, the acquisition of Greenland. Zensky's a dictator, and oh by the way, while you're at the table with your tray, you can pick up a little bit of pro crypto regulation, but he's gonna force feed you everything on the trump buffet table. Uh, we're gonna leave it there. Uh, Scarbridge founder Anthony Scaramucci, always good to see you. Appreciate it. Thank you.
Yahoo
03-03-2025
- Business
- Yahoo
Trump, Zelensky meeting was a 'propaganda setup': Scaramucci
A heated exchange between US President Donald Trump, Vice President JD Vance, and Ukrainian President Volodymyr Zelensky was a "propaganda setup," says SkyBridge founder Anthony Scaramucci, who briefly served as White House communications director in Trump's first administration. "It felt like a setup to me. It felt like they brought him in to rough him up like that, I guess, to humiliate him and get him to resign because he's a very strong leader... It was a propaganda setup, frankly." Watch the video above to hear more from Scaramucci on bitcoin (BTC-USD) prices and the impact of tariffs on the US economy as he speaks with Yahoo Finance Executive Editor Brian Sozzi at the Bitcoin Investor Week conference in New York. Also catch Brian Sozzi's full interviews with Professional Capital Management founder and CEO Anthony Pompliano, and Figure Markets founder and CEO Mike Cagney from the Bitcoin Investor Week conference To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Stephanie Mikulich. Sign in to access your portfolio
