ETH Is Quietly Doing Its Thing While Everyone Argues About Bitcoin's Halving Math
Scaramucci drops perpetual futures takes on CNBC, the Iran war rattles macro, and Bitcoin's halving cycle math is either reassuring or terrifying depending on your cost basis
Ticker Ratings
Anthony Scaramucci of SkyBridge Capital went on CNBC and said the quiet part loud: perpetual futures for crypto are already here, regulation is the only debate left, and anyone still pearl-clutching about it is fighting the last war. His take on $BTC? A roughly 50% drawdown from cycle highs is historically mild — prior cycles saw 60–70% wipeouts — and the difference this time is institutional ETF inflows acting as a price floor. That's not cope, that's actually a defensible thesis.
Meanwhile, the Iran-US conflict is doing its thing in the macro background — oil whipsawing, the Strait of Hormuz drama playing out in real time, and risk-off vibes bleeding into everything. Crypto isn't immune to geopolitical fear, but Reddit's r/CryptoCurrency crowd seems more focused on the halving clock than on missile strikes in the Middle East. Classic.
If Scaramucci's halving cycle math holds, we're closer to the pain being over than it starting — which is either the most bullish thing you'll hear today, or the most dangerous.