Markets
What torment awaits the soul:
- Anthony Scaramucci, the grand architect of SkyBridge Capital, proclaims his undying devotion to Bitcoin, even as the market weeps and gnashes its teeth.
- With the fervor of a man possessed, he reveals SkyBridge’s purchases at $84,000, $63,000, and now, in this abyss of despair, at prices that would make the stoutest heart quail.
- His words, uttered in the hallowed halls of the Consensus Hong Kong conference, came as Bitcoin plummeted to a mere $60,000, a fall so precipitous it would make Icarus blush.
Ah, Scaramucci, that modern-day Raskolnikov of finance, declares with a bravado that borders on the absurd, that he is buying Bitcoin amidst the chaos. And Trump, that enigmatic sphinx of American politics, he dares to call a “crypto president.” What madness is this?
“Ten days past, we grasped at Bitcoin at 84,000, last week at 63,000, and now, in this chasm of uncertainty, we grasp again,” Scaramucci intoned, his voice echoing through the chambers of Consensus Hong Kong, as if he were a prophet foretelling the end of days. His companion, Tom Farley, CEO of Bullish, could only nod in awe or perhaps bewilderment.
To buy Bitcoin in such a market, he mused, is to catch a falling knife-a metaphor so laden with peril, one wonders if he relishes the danger or merely courts it out of sheer ennui.
Bitcoin, that fickle mistress, crashed to $60,000 after soaring to a peak of $126,000 in October. A recovery to $69,000 has since occurred, but the air is thick with the scent of capitulation in the ETF market. What folly, what glorious folly!
And Trump, ah Trump, the crypto president! Scaramucci proclaims him superior to his predecessor, yet acknowledges the man’s geopolitical theatrics-Greenland, of all places!-which serve only to embolden his rivals. “They will vote against the crypto bill,” he laments, “not out of principle, but out of spite. Such is the nature of our political circus.”
Turning to the esoteric realm of Layer 1s, Scaramucci predicts that Solana, that programmable blockchain, shall rise like a phoenix, gathering market share as if it were manna from heaven. But who can say? In this world of uncertainty, even the wisest predictions are but whispers in the wind.
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2026-02-11 06:24