The Crypto Industry Is Dying, That Is A Good Thing, Says Anthony Pompliano
Anthony Pompliano says most of the crypto industry is already dead and that the market has not fully admitted it yet. In a May 6 video posted on X, the Bitcoin investor and commentator argued that the sector’s long tail of unused chains, illiquid tokens and speculative projects is being cleared out as the parts with real utility merge into the broader financial system. Pompliano said the reaction to his initial post on X was immediate and hostile. He had written that “most of the crypto industry is dead and it’s never coming back,” a message he said followed him through the Consensus....
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There are many that say Bitcoin is poised to see rapid appreciation in years ahead, but many don’t have much skin in the game. Investor and former Facebook team member Anthony Pompliano recently said this is not the case with him. He said in a podcast that 80% of his wealth is concentrated in the leading cryptocurrency. Anthony Pompliano, Fund Manager, Says He Has 80% of His Wealth in Bitcoin Long-time Bitcoin bull Anthony Pompliano […]
American entrepreneur and Bitcoin bull Anthony Pompliano has again affirmed his bullish sentiment towards the flagship crypto. This time, he advised investors on what they should be doing during this BTC dip and suggested that there was no need to be concerned despite Bitcoin’s recent underperformance. Bitcoin Dips Are For Buying In an interview with FOX […]
Many are pushing non-fungible tokens (NFTs) as the next big thing in cryptocurrency. While market uncertainty continues to reigns, in particular DeFi markets, which have failed to recapture the levels seen before the recent slump, now is as good a time as any to make a mark. Certainly, Bitcoin bull Anthony Pompliano believes this to […]
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Bitcoin has zero correlation to stocks once more and critics were wrong to doubt its safe-haven status, says the Morgan Creek Digital co-founder. Bitcoin (BTC) “could not be more uncorrelated” with the stock market, Anthony Pompliano says as data shows that BTC is leaving macro assets behind.In a series of tweets on Oct. 26, the Morgan Creek Digital co-founder, also known as “Pomp,” took critics to task over their accusations that Bitcoin was a poor store of value.Pomp on safe haven Bitcoin: “The market is proving it”Pompliano uploaded a chart from behavior analysis platform Santiment,....