US Edition'Hated' Ethereum Due for a Comeback Says Crypto Icon Arthur Hayes
- Arthur Hayes, former BitMEX CEO, predicts Bitcoin will reach $1 million by 2028 amid significant market dynamics.
- Hayes bases this forecast on expected U.S. Financial restrictions taxing foreign-owned assets and triggering capital flight into Bitcoin.
- He notes that Bitcoin recently surpassed $106,000 with steady gains driven by institutional demand and spot ETF inflows, while altcoins lag behind.
- Hayes mentioned that this typically occurs around mid-year or the beginning of the third quarter, at which point investors begin shifting their focus toward different altcoins.
- This scenario suggests a market transition where Bitcoin leads in price surges before a selective altcoin rally, particularly favoring Ethereum over others.
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'Hated' Ethereum due for a comeback says crypto icon Arthur Hayes
Arthur Hayes is a famous figure from the early days of Bitcoin, who co-founded the off-shore BitMEX exchange in 2014 before running afoul of U.S. regulators. Hayes recently pleaded guilty to failing to implement sufficient money-laundering controls, and accepted a sentence of probation and paying a fine, but early this year he received a full pardon from President Donald Trump. Today, his focus is on managing Maelstrom, the fund run by his famil…
Bitcoin must break $110K before alt season begins, says Arthur Hayes
Bitcoin's rise could trigger selective altcoin growth, reshaping market dynamics and emphasizing fundamentals over speculative hype. The post Bitcoin must break $110K before alt season begins, says Arthur Hayes appeared first on Crypto Briefing.
Arthur Hayes on Bitcoin’s route to $200,000, holding gold and why ‘hated’ Ethereum is due for a comeback
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Arthur Hayes: Bitcoin to Hit $1M Amid Capital Flight, US Treasuries Crash - Bitcoin.com News - TECHTELEGRAPH
Arthur Hayes: Bitcoin to Hit $1M Amid Capital Flight, US Treasuries Crash Bitcoin.com News Source link The post Arthur Hayes: Bitcoin to Hit $1M Amid Capital Flight, US Treasuries Crash – Bitcoin.com News appeared first on TECHTELEGRAPH.
Arthur Hayes: Bitcoin to Hit $1M Amid Capital Flight, US Treasuries Crash
The post Arthur Hayes: Bitcoin to Hit $1M Amid Capital Flight, US Treasuries Crash appeared on BitcoinEthereumNews.com. Arthur Hayes predicts an unstoppable surge for bitcoin as collapsing U.S. treasuries and capital repatriation fuel a global flight into BTC, targeting $1 million. Arthur Hayes: Capital Repatriation and Treasury Collapse Will Push Bitcoin to $1 Million Arthur Hayes, chief investment officer of Maelstrom and co-founder of crypto …
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