Arthur Hayes explains why Fed rate cuts aren’t helping Bitcoin
The flow of money has gone from treasury bills into higher-yielding reverse repos, according to the former BitMEX boss. Go to Source
Bookmarking Crypto Insights
Auto Added by WPeMatico
The flow of money has gone from treasury bills into higher-yielding reverse repos, according to the former BitMEX boss. Go to Source
Bitmex co-founder Arthur Hayes is optimistic about bitcoin’s future, citing recent interest rate cuts by central banks. He believes further rate cuts by the U.S. Federal Reserve, Bank of England, and European Central Bank could expand the money supply and drive inflation. Hayes argues that while inflation may negatively impact some businesses, it would benefit … Read more
Arthur Hayes connects Federal Reserve actions to a short-lived economic boost with ripple effects on Bitcoin and broader crypto markets, underscoring risks from yen carry trade unwinds. Go to Source
Bitmex co-founder Arthur Hayes predicts bitcoin will reach $100K by late 2024 and could hit $1 million by 2025. He attributes this to U.S. Treasury liquidity injections and anticipates a “glorious” crypto bull market in 2025. Hayes has outlined various factors driving explosive growth in bitcoin and broader financial markets. Arthur Hayes Predicts Bitcoin Surge … Read more
Solana price could also rally above $250, catalyzed by the incoming altcoin season, according to Hayes. Go to Source
Bitmex cofounder and former CEO Arthur Hayes has predicted cryptocurrency prices will rise under both the Donald Trump and Kamala Harris administrations due to increased money printing. He added that bitcoin’s price could soar to “hundreds of thousands of dollars, maybe $1 million.” Arthur Hayes Predicts Aggressive Financial Measures and Soaring Crypto Prices Arthur Hayes, … Read more
Users can choose to complete quest-like directives to receive Airheads or outright purchase the inscribed art through a “Whale Pass.” Go to Source
The Arthur Hayes-linked Bitcoin-supporting entity Maelstorm has launched a grant program to assist with the technical development of Bitcoin. Developers who wish to receive grants—ranging from $50,000 to $150,000 each—must submit applications on or before August 25. Enhancing Bitcoin’s Resilience and Censorship Resistance Maelstorm, an entity focused on Bitcoin’s technical development, has launched a Bitcoin … Read more
The new Bitcoin grants program could invite more innovation for Bitcoin-native DeFi, or BTCFi. Go to Source
Crypto exchange Bitmex has pleaded guilty to violating the Bank Secrecy Act (BSA) by failing to maintain an adequate anti-money laundering (AML) program, resulting in the company being a vehicle for large-scale money laundering. The DOJ announced this plea following previous legal actions and settlements. Bitmex says: “We have accepted the BSA charge, will seek … Read more