Skybridge founder Kelvin Soy, postulates that the cryptocurrency might reach $150,000 under proper and eased regulations. Approaches of the Trump Administration can help therefore in the processes of depoliticization of Crypto policy.
Founder at Skybridge Capital, Anthony Scaramucci, talked to Saxo about what future U.S. policy changes might mean for Bitcoin and cryptocurrencies. Being an investor with significant stakes in Bitcoin (BTC) and Solana (SOL), Scaramucci sounded hopeful that the next U.S. administration could “depoliticize” the regulatory landscape-a move he felt would promote growth throughout DeFi and Blockchain industries.
Further elaborating on his confidence that BTC holds a better future value if these regulatory issues are solved, he said,
“I feel like bitcoin should be $150,000 given the demand for bitcoin and given the properties that bitcoin has.”
He also said that he has recently learned that former U.S. Securities and Exchange Commission Chair Jay Clayton and former Acting Comptroller of the Currency Brian Brooks are reportedly working on a “100-day plan” that might update legislation regarding stablecoins and clarify in which bucket assets fall in line namely whether they are securities, tokens or commodities. The report would be incredibly favorable to the cryptocurrency sector, establishing a more supportive environment for Blockchain growth, in his opinion.
Scaramucci served in the White House just briefly as communications director under President Trump: appointed in July 2017 and dismissed after 11 days. Prior to the presidential election this month, he supported Vice President Kamala Harris over Trump in the 2024 contest. Still, he commended Trump’s pro-cryptocurrency policies and offered to work with policymakers to frame crypto regulations should the chance arise.
The founder of Skybridge also added that US politicized regulation has hindered Bitcoin price prediction and seemed hopeful that the Trump administration might depoliticize cryptocurrency regulations, which he thought would boost the market’s growth. However, he sounded a word of warning that Trump’s isolationist policies may devastate the US economy.
Scaramucci said:
I think it’s [Bitcoin] been suppressed by U.S. faulty politicized regulation, and so this is one of the good things about the Trump administration: they’re going to depoliticize the cryptocurrency regulations be very good for crypto.
However, any new crypto-friendly policies from the Trump administration would most probably help lift the market, but some actions, such as withdrawal from NATO or very high tariffs, may undo the gains. “You don’t want them pulling out of NATO … You don’t want 500% tariffs,” he warned, cautioning: “All of those things would outweigh the benefits of the positive crypto regulation.”
