France’s over $176 billion budget deficit may signal trillions of euros of newly printed money, potentially leading to more capital flowing into Bitcoin, according to Arthur Hayes.
Latest News on Arthur Hayes
Arthur Hayes co-founded the cryptocurrency exchange BitMEX in 2014 with Ben Delo and Samuel Reed. In 2020, the U.S. Department of Justice charged Hayes, Reed, Delo and another executive with evading rules designed to stop money laundering. The Commodity Futures Trading Commission filed a separate civil lawsuit to halt BitMEX’s U.S. commodity derivatives business.
Hayes stepped down from BitMEX in October 2020. On April 6, 2021, he surrendered for Bank Secrecy Act violations and pleaded guilty in February 2022.
In May 2022, he received a two-year probation sentence, including six months of home confinement.
Stay up-to-date on all the latest Arthur Hayes news with Cointelegraph.
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Wall Street adoption may catalyze the first “supercycle” extending Ether’s price appreciation beyond the traditional four-year cycle, according to the largest corporate ETH holder.
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The Taiwanese celebrity closed his position at a $4.5 million loss as Hyperliquid’s market share continued to lose ground to other decentralized exchanges.
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Arthur Hayes made a fresh BTC price prediction, seeing Bitcoin “markedly higher” in three years’ time, but not at $3.4 million per coin.
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The whale started withdrawing their HYPE tokens after nine months of holding, with an unrealized profit of about $90 million.
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Hyperliquid’s HYPE token faces a monthly supply overhang of $410 million due to its vesting schedule, warned Arthur Hayes’ Maelstrom Fund.
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BitMEX co-founder Arthur Hayes sold his entire HYPE stash, netting over $800,000 in profit. The move comes just weeks after his wildly bullish 126x prediction.
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Arthur Hayes says that Bitcoiners buying Bitcoin one day and expecting a Lamborghini the next is “not the right way to think about things.”
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Hyperliquid’s HYPE token was among the few to rally on the day, as Arthur Hayes forecast a 126x upside for HYPE during a conference in Tokyo.
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Arthur Hayes, freshly pardoned by US President Donald Trump, has taken a board seat and major stake in a stem cell company where he’s also been a patient.
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Bitcoin is facing selling near $123,218, but it remains on track to hit a new all-time high as long as it sustains above $117,000.
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A week after selling $8.3 million in ETH, Arthur Hayes bought back at a higher price, telling Crypto Twitter he’ll “never take profit again.”
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Bitcoin is trying to start a recovery from $112,000, but bears may pose a substantial challenge at $117,000 and then at $120,000.
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Bitcoin is at risk of losing the $115,000 support, raising the chance that the recently started altcoin season could abruptly end.
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Altcoins search for direction while Bitcoin looks on track to take a stab at new all-time highs.
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