SkyBridge Capital founder Anthony Scaramucci has commented on JPMorgan’s plans to offer Bitcoin-backed structured notes, which will track IBIT’s performance. Scaramucci indicated that this move was really huge for the industry, even as more institutions continue to embrace crypto. Scaramucci Describes JPMorgan’s Bitcoin-Backed Bond As Huge In an X post, the SkyBridge Capital founder stated

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Billionaire and Tesla co-founder Elon Musk has reignited the debate over Bitcoin’s value by calling it a true energy-backed currency. His claim clashed with Peter Schiff’s warnings as billions in short positions risk liquidation if Bitcoin climbs higher. Elon Musk Says Bitcoin’s Strength Comes From Energy Elon Musk intensified the continued discussion around Bitcoin’s real

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