The ongoing bullish crypto market trends triggered by Donald Trump’s recent presidential election victory may be shortlived, according to Arthur Hayes, the co-founder and former CEO of crypto exchange BitMEX. In his latest article, Hayes noted that the crypto market may face a significant downtrend around January 20th, the same day Trump will be inaugurated...Read More
Bitcoin (BTC) has been on a bullish price movement for over a week, fueled by Donald Trump’s presidential election victory. The leading cryptocurrency has unlocked multiple all-time highs (ATHs), tapping $90,000 earlier today. Arthur Hayes, the co-founder of the BitMEX crypto exchange, believes that the crypto asset could attain a price height of $1 million...Read More
Chinese monetary expansion could potentially drive wealthy investors to Bitcoin. If such a trend materializes, it will end up repeating 2015’s pattern of post-yuan-devaluation cryptocurrency growth. Arthur Hayes, the co-founder of BitMEX, predicts a significant surge in Bitcoin’s value driven by this monetary policy shift. Bitcoin As Hedge In his recent blog post, Hayes argues...Read More
Arthur Hayes, co-founder of crypto derivatives exchange BitMEX, believes the time has come for a meme coin breakout. As a result, he has added some tokens to his portfolio to maximize his returns. A series of tweets from the American entrepreneur revealed that he has been purchasing several meme coins, including Pepe (PEPE), Mother Iggy...Read More
Arthur Hayes, co-founder of the crypto exchange BitMEX, believes Bitcoin is the “release valve” for fiat printed by traditional finance governments to suppress volatility in financial markets to unnatural levels. In an essay titled Volatility Supercycle, Hayes discussed how politicians printing money to create a calm economic surface triggers volatility in crypto and pushes the...Read More
BitMEX co-founder Arthur Hayes has reiterated his stance on the incoming interest rate cut from the Federal Reserve, terming it a “bad idea.” In an exclusive interview with CoinDesk on the sidelines of the Token2049 event, Hayes echoed his concern that risk assets like cryptocurrencies could crash shortly after the Fed rate cut. Rate Cut...Read More
Bitcoin’s price collapsed on Friday below $53,000, reaching its lowest level since the “Black Monday” following macroeconomic shakeups in early August. The collapse appears to have fully corroborated the prediction of BitMEX co-founder Arthur Hayes, who believes there could still be more pain to come for crypto holders. Bitcoin traded for $56,925 at 1:25 PM...Read More
BitMEX co-founder Arthur Hayes recently published an article titled “Sugar High,” highlighting the short-term effects of the Federal Reserve’s potential interest rate cut. Hayes also emphasized that assets like Bitcoin will likely benefit from a liquid global financial market that may come from inflation. Japanese Yen Could Disrupt U.S. Financial Market In a keynote address...Read More
BitMEX co-founder Arthur Hayes’ crypto investment fund Maelstrom announced the launch of the Bitcoin Grant Program that aims to help with the technical development of the largest blockchain network. The focus will also be to improve its resilience, scalability, censorship resistance, and privacy characteristics. On its official website, Maelstrom said that it can support Bitcoin...Read More
Historical economic trends suggest Bitcoin is fated for another massive leg up this market cycle, according to BitMEX co-founder Arthur Hayes. While Bitcoin has traded mostly flat over the past several months, Hayes says he’s confident that the leading crypto asset will “regain its mojo” thanks to the overwhelming U.S. government spending and money printing...Read More
Regulators will inevitably approve a Dogecoin ETF after both Bitcoin and Ethereum hit US public markets, according to BitMEX co-founder Arthur Hayes. During a Sunday interview alongside Real Vision CEO Raoul Pal, the two investors reviewed their favorite meme coin and crypto picks this cycle, as well as the top risks currently looming over the...Read More
The weakening Japanese yen could potentially lead to actions that drive up the price of bitcoin and other cryptocurrencies, according to former BitMEX CEO Arthur Hayes. His central argument revolves around the fact the Japanese yen has been rapidly weakening against the US dollar due to the large interest rate differential between the two currencies....Read More
Experts now suggest that bitcoin may have reached a local bottom and will gradually recover over the coming months. BitMEX founder Arthur Hayes, for one, noted that the leading cryptocurrency might see a surge in value if, as he predicts, liquidity increases in the economy next week due to Janet Yellen’s policies. Bitcoin May Have...Read More
As the cryptocurrency community gears up for the highly anticipated Bitcoin halving around April 20, opinions are divided on its immediate and long-term impact. In a recent blog post, Arthur Hayes expressed his belief that while the halving might eventually pump prices in the medium term, the asset could slump both before and after the...Read More
Arthur Hayes, founder and former CEO of the crypto exchange BitMEX, has unstaked and offloaded more than 237,000 GMX, the native tokens of perpetual crypto futures decentralized exchange GMX, which has been in his possession since March 2022. According to a tweet by market analysis platform Lookonchain, Hayes transferred the tokens to a new address...Read More
The stablecoin initiative USDe by Ethena Labs has seen notable adoption, with its market cap surging by over 40% in the last week and by 400% in the last month, reaching $840 million. Following the setback of the Terra ecosystem’s downfall, concerns have been raised within the community about the launch of USDe. However, Arthur...Read More
Cardano (ADA) is a “shitcoin” without purpose that has no distinct advantage over competitors, according to BitMEX co-founder Arthur Hayes. “Who gives a fuck? Zero?” said Hayes when asked “What about Cardano?” in an interview with Coin Bureau published on Sunday. Cardano Is A Shitcoin, Says Hayes Continuing to describe the cryptocurrency – a top...Read More
In a recent blog post titled ‘Points Guard,’ former BitMEX CEO Arthur Hayes made a compelling case for the emergence of “points” as a superior alternative to traditional initial coin offerings (ICOs) and yield farming with regard to crypto fundraising and user engagement. Hayes argued that points combine the best aspects of ICOs and yield...Read More
Bitcoin bounced back from the flash crash earlier this week after reports on the potential rejection of a widely anticipated spot ETF approval in the US. While investors have maintained a positive outlook, BitMEX founder Arthur Hayes has offered a cautious perspective on the future of the asset. In fact, the prominent commentator is gearing...Read More
Arthur Hayes, the founder of the BitMEX crypto exchange, believes the success of the much anticipated Bitcoin exchange-traded funds (ETFs) will “completely destroy” the leading digital network. In a recent blog post titled “Expression,” Hayes opined that Bitcoin could die if all the BTC in circulation end up in the hands of traditional finance asset...Read More
Arthur Hayes, the founder of the renowned crypto exchange BitMEX, has sold off his holdings in Solana (SOL) and redirected his investment towards Ethereum (ETH). According to Hayes, this strategic shift stemmed from an enlightening meditation session that prompted him to reassess his portfolio, favoring Ethereum over Solana. Arthur Hayes Predicts Ethereum to Reach $5,000...Read More
Bitcoin is signaling the start of a new bullish trend, rebounding to $42.6k following a recent sell-off primarily driven by short-term holders (STHs), who constitute the more speculative segment of the Bitcoin investor base. Ether also experienced an upswing, crossing the $2,270 mark alongside the world’s largest crypto. On the backdrop, substantial capital inflows into...Read More
Arthur Hayes, the founder of the BitMEX crypto exchange network, issued a statement expressing his perspective on the unfair treatment of Changpeng Zhao (CZ), the co-founder and former CEO of Binance, by American authorities. Hayes criticized the treatment, deeming it absurd and inconsistent, emphasizing that it only highlights the arbitrary nature of punishment. BitMEX Founder...Read More
BitMEX founder Arthur Hayes believes Bitcoin and Ether are crypto’s reserve assets while everything else is a shitcoin. While he assured that he loves shitcoins and is not a maxi(malist), Hayes went on to add that the first stop is always BTC since “Bitcoin is money and only money.” Hayes talks about what to purchase...Read More
BitMEX co-founder Arthur Hayes published another macro-economic breakdown on Tuesday, focusing on why Bitcoin’s price suddenly surged this week. The analyst argued that now is the best time for crypto traders to step out of US Treasuries, and back into BTC. The Speech That Pumped Bitcoin According to Hayes, the crypto community has falsely attributed...Read More
BitMEX co-founder and macro-analyst Arthur Hayes recently predicted that Bitcoin’s price will soar between $750,000 and $1,000,000 per coin within roughly 3 years. His prediction, which is far more bullish than that of most analysts, rests on a macroeconomic thesis that all financial assets are due for an unprecedented boom. The Biggest Bull Market Ever...Read More
BitMEX co-founder Arthur Hayes said that the recent decision by the United States Federal Reserve (Fed) to lower interest rates is expected to trigger a rapid surge in Bitcoin’s price, potentially propelling it toward the $70,000 mark. Hayes had previously predicted that Bitcoin would reach this level after March, but the Fed had increased interest...Read More
Fed chairperson Jerome Powell has been at the receiving end of significant backlash for his stance on implementing the same approach that helped the US get rid of inflation several decades ago. This strategy has been strongly contended by BitMEX founder Arthur Hayes while pointing out the difference in economic and monetary conditions in the...Read More
Artificial Intelligence (AI) could potentially organize itself using a Decentralised Autonomous Organisation (DAO) structure, according to BitMEX founder Arthur Hayes. Traditional companies cannot operate without certain state-sanctioned entities such as auditors, accountants, lawyers, and bankers that serve as the “cartel of trust.” But with AI slowly taking over, it’s hard to imagine how an economic...Read More
Arthur Hayes, the co-founder and former CEO of cryptocurrency exchange BitMEX, believes bitcoin (BTC) will be chosen by artificial intelligence (AI) as the currency for their economic activities in the future. In a lengthy Substack essay posted on July 7, the American entrepreneur laid out reasons for his belief, presenting arguments and conclusions to prove...Read More
