On Monday, Anthony Pampino, founder and CEO of Professional Capital Management, discussed the growing interest of the Crypto Market, Wall Street and adopting Bitcoin (BTC) and carry forward some events.
Wall Street’s eyes on bitcoin
In an interview with CNBC’s squalk box, Anthony Pomplyiano praised the flagship cryptocurrency, confirming that Bitcoin has installed it as a “King of the Market”, which will never be soon.
The CEO said that most of the time and attention of Wall Street is on BTC, as it has a “broken fear”, which other assets like the atherium have set a new time (this cycle) to this cycle.
He reported that the current major condition of BTC “does not mean that some of these assets, perhaps, cannot do so,” but to give that market in the market to give that market to capital, capital flow and attention in the market.
Pomplyiano highlighted that in the last five years, BTC “has gone from a contradictory trade to a general consent trade”, where it is believed that the major cryptocurrency would be one. For a long time. ,
Therefore, “Wall Street, which was real, ignoring it or trying to bitcoin of hard -handed, now, wait, wait a second, let’s open the doors and let’s embrace it because they find out about their facts here.” Money. “
They do not have a flagship crypto, “Spot Exchange-Treded Fund (ETF), like public companies and real estate funds,” Wall Street has been put in rappers, “, a trend that will continue the future because it will be more customers and more professionals for these institutions.
I think you are continue to watch Wall Street taking bitcoins and put it in every corner of the traditional financial system, because eventually, bitcoin brings instability. Bitcoin brings financial returns in this way they do not use to see.
BTC next big thing
Asked about the “Next bitcoin” for bitcoins, Pompliano said that there are some major factors that people will pay for the future. One of them will be a powerful announcement of BTC procurement of the US government.
“At some point the United States government is going to declare that they are buying bitcoins,” they confirmed. The CEO reported that the government’s ally had “good,” to create an initial strategic BTC Reserve (SBR) with the property of “but was never a” main dish “. For him, the “The Main dish” will be the US government to buy the BTC, which it feels “will come to know at some point.”
No, US President Donald Trump signed an executive order on 6 March, for a strategic BTC reserve and a digital asset stockpile, which was funded by Crypto by government criminal and citizens and civil. Process of prediction. Since then, the government has been searching for the “budget-plate” mechanism to acquire the flagship crypto.
Innovation, Republican Senator Synthia Lummis re -introduced innovation, technology and competition promoting innovation, technology and competition promoting through Optimized Investment Nationwide (Bitcoin) Act, originally introduced on 31 July 2024, establishing 20 to 20 to work as “a strategic bitcoin reservoin Work as an additional store for.
The bill aims to buy a BTC procurement program about 5% of the total BTC support, or in 1 million BTC, in 5 years, using “size and using the size and US gold reserve”. The law proposes a period of at least 20 years for BTC acquired under the purification program in the law.
Pomplyiano also named Wall Street’s “White Flag”. He speculated that one thing we are going to see the final permanent people on the Wall Street Capitulat, “continue to say with some firms that the BTC is specific, before they” eventually. Up and wait to wait for the Fucker flags, “he concluded.
Bitcoin's performance in the one-week chart. Source: BTCUSDT on TradingView
Specially displayed image from Unsplash.com, chart from traoodingview.com
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