The rebound from last year's deep rout is part of a wider revival in risk appetite.
Scaramucci will be using his own money for the software venture to show support for Brett Harrison.
Rapidly tightening monetary policy sapped speculative ardor and sparked a series of blowups at risky crypto outfits.
Gold may surge as crypto retreats, according to the bank's researchers.
The crypto world is nervously watching for further fallout from FTX.
Decentralized finance projects and protocols have seen a spike in usage after the recent bankruptcies.
Crypto markets have been roiled by the saga involving crypto market-maker FTX.com
Digital-asset investors are still coming to terms with the rapid unraveling at FTX.com.
The token's price is still well below it's peak of nearly a year ago.
Singapore will overtake Australia to have Asia's highest share of millionaires.
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