No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Sunday, October 26, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Cryptocurrency

Bitcoin Is The ‘Manhattan’ Of The Digital Age, Says Scaramucci–Here’s Why

by TheAdviserMagazine
4 months ago
in Cryptocurrency
Reading Time: 3 mins read
A A
Bitcoin Is The ‘Manhattan’ Of The Digital Age, Says Scaramucci–Here’s Why
Share on FacebookShare on TwitterShare on LInkedIn


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

According to a recent interview, SkyBridge Capital founder Anthony Scaramucci drew a bold comparison between today’s Bitcoin market and a famous land deal from 1626.

He said investors who buy BTC now will face big swings just like the first people who tried any new asset. In his view, those bumps in the road are part of getting in early on something big.

Early Bitcoin Purchase Analogy

Scaramucci pointed out that Peter Minuit bought Manhattan Island for just 60 Dutch guilders, or about $24 at the time. Based on reports, land in Manhattan today costs millions.

He used that gap to argue that buying 1 BTC around $111,000 feels like a bargain. Minuit’s deal grew into one of the world’s most valuable real estate markets. Bitcoin, he believes, could follow a similar path.

JUST IN: ANTHONY SCARAMUCCI COMPARES #BITCOIN AT $100K TO BUYING MANHATTAN IN 1690

“THIS IS DIGITAL PROPERTY. YOU EITHER SEE IT, OR YOU DON’T.” 🔥 pic.twitter.com/DO4hHX1INV

— The Bitcoin Historian (@pete_rizzo_) July 10, 2025

Volatility And Early‑Adopter Risks

Investors in Bitcoin know sharp price swings can happen at any moment. The top crypto asset has plunged 70% or more in past cycles, only to rebound later. Scaramucci said that kind of ride is what pioneers signed up for.

He warned that anyone who can’t handle sudden drops might bail out before the next rally. At the same time, those who stay could see big gains.

Image: Benny Marty/Shutterstock.com

According to market data, Bitcoin hit a record high of $118,200 today before slipping back to $111,120. Trading volume surged as that peak was reached. It’s a reminder that every rally brings its own tests.

Altcoin Spotlight On Solana

While Scaramucci’s focus is on Bitcoin, he revealed his top alternative holding is Solana. Based on reports, he said SOL’s speed and low fees make it useful for more than just trading. That choice shows he’s betting some of his gains on other networks. Many investors follow a similar playbook: put most money in Bitcoin and a smaller share in projects that could grow faster.

BTCUSD now trading at $118,362. Chart: TradingView

Regulatory And Market Challenges Ahead

Scaramucci didn’t shy away from risks beyond price swings. He mentioned that US regulators are still deciding how to treat crypto. Data shows that any new rules on exchanges or tokens could shake up the market. He also flagged the chance of a big sell‑off if economic worries spike again.

Bitcoin Market Still Maturing

He argued that Bitcoin is still in its infancy. By comparing it to Manhattan in 1690—before any tall buildings existed—Scaramucci wants to show there’s room to grow.

He forecast a BTC price of $200,000 before year‑end. Those numbers suggest he sees at least an 80% jump from current levels. Whether that happens will depend on more firms and people using crypto over time.

Featured image from Unsplash, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.





Source link

Tags: AgeBitcoinDigitalManhattanScaramucciHeres
ShareTweetShare
Previous Post

Dividend Kings In Focus: American States Water

Next Post

Why ACA health insurance premiums may see ‘sharp’ increase in 2026

Related Posts

edit post
Coinbase’s x402 Transactions Rise 10,000% in a Month

Coinbase’s x402 Transactions Rise 10,000% in a Month

by TheAdviserMagazine
October 26, 2025
0

An online payments protocol introduced by Coinbase in May that enables AI agents to transact in stablecoins over the internet...

edit post
Polymarket Confirms Token Airdrop, But US Launch Is Priority — Details

Polymarket Confirms Token Airdrop, But US Launch Is Priority — Details

by TheAdviserMagazine
October 25, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to the firm’s Chief Marketing Officer...

edit post
White House Crypto Czar Backs Michael Selig as ‘Excellent Choice’ To Lead CFTC

White House Crypto Czar Backs Michael Selig as ‘Excellent Choice’ To Lead CFTC

by TheAdviserMagazine
October 25, 2025
0

White House crypto czar David Sacks has shown his support for Donald Trump’s nomination of SEC crypto counsel Michael Selig...

edit post
US Representative reveals up to K Bitcoin exposure

US Representative reveals up to $30K Bitcoin exposure

by TheAdviserMagazine
October 25, 2025
0

Key Takeaways US Representative Marjorie Taylor Greene reported up to $30,000 in spot Bitcoin ETF investments. The information comes from...

edit post
Yuga Labs & Amazon Launches An NFT Game In The Otherside

Yuga Labs & Amazon Launches An NFT Game In The Otherside

by TheAdviserMagazine
October 25, 2025
0

Join Our Telegram channel to stay up to date on breaking news coverage Yuga Labs, a blockchain technology company and...

edit post
UK crypto investors face crackdown on unreported gains 

UK crypto investors face crackdown on unreported gains 

by TheAdviserMagazine
October 25, 2025
0

For years, many UK crypto holders have flown under the HMRC tax authority’s radar. They convinced themselves that digital assets...

Next Post
edit post
Why ACA health insurance premiums may see ‘sharp’ increase in 2026

Why ACA health insurance premiums may see 'sharp' increase in 2026

edit post
Tom Lee’s Granny Shots ETF is crushing the market and raking in cash

Tom Lee's Granny Shots ETF is crushing the market and raking in cash

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Russia’s ‘disposable-goods’ economy gets busier but poorer, and sanctions could trigger a recession

Russia’s ‘disposable-goods’ economy gets busier but poorer, and sanctions could trigger a recession

0
edit post
PG Earnings: All you need to know about Procter & Gamble’s Q1 2026 earnings results

PG Earnings: All you need to know about Procter & Gamble’s Q1 2026 earnings results

0
edit post
American Airlines to resume Israel – US flights

American Airlines to resume Israel – US flights

0
edit post
2025 Industrial Sector Stocks List From Major ETFs

2025 Industrial Sector Stocks List From Major ETFs

0
edit post
Economic Questions: The E F Schumacher Question

Economic Questions: The E F Schumacher Question

0
edit post
Coinbase’s x402 Transactions Rise 10,000% in a Month

Coinbase’s x402 Transactions Rise 10,000% in a Month

0
edit post
Coinbase’s x402 Transactions Rise 10,000% in a Month

Coinbase’s x402 Transactions Rise 10,000% in a Month

October 26, 2025
edit post
American Airlines to resume Israel – US flights

American Airlines to resume Israel – US flights

October 26, 2025
edit post
Real-world ‘Avatar’ in Kenya: Sacred hill turns into a rare-earth battleground for US and China

Real-world ‘Avatar’ in Kenya: Sacred hill turns into a rare-earth battleground for US and China

October 25, 2025
edit post
Trump adds 10% tariff on Canada due to TV ad, but IEEPA doesn’t allow its use against ‘information’

Trump adds 10% tariff on Canada due to TV ad, but IEEPA doesn’t allow its use against ‘information’

October 25, 2025
edit post
One more regional airline files for Chapter 11 bankruptcy

One more regional airline files for Chapter 11 bankruptcy

October 25, 2025
edit post
This mysterious billionaire and top Trump backer is behind a 0 million donation to pay troops during the government shutdown, report says

This mysterious billionaire and top Trump backer is behind a $130 million donation to pay troops during the government shutdown, report says

October 25, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Coinbase’s x402 Transactions Rise 10,000% in a Month
  • American Airlines to resume Israel – US flights
  • Real-world ‘Avatar’ in Kenya: Sacred hill turns into a rare-earth battleground for US and China
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.