Bitcoin Surge Imminent? Arthur Hayes Links War-Fueled Inflation To Crypto Boom
Better times for Bitcoin may lie ahead as the co-founder of BitMEX feels that the current geopolitical tensions in the Middle East may only push the cryptocurrency to rise higher. According to Arthur Hayes, the effects of war would resonate intensely in the US economy in the form of increased government spending and inflationary levels […]
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Bitmex co-founder and cryptocurrency investor Arthur Hayes has addressed the current state of the market with the effect the U.S. Federal Reserve’s upcoming tapering process may have. Hayes also links this with the Evergrande situation in China and advises cryptocurrency newcomers to hold on until new signals emerge next year. Arthur Hayes Analyzes the Current Market Situation Former Bitmex CEO and cryptocurrency investor Arthur Hayes issued his opinion on what cryptocurrency investors should do in the context of the current market. In his latest digest, titled “Circo....
According to former BitMEX founder Arthur Hayes, Circle’s June 5 IPO has sparked what he calls “stablecoin mania.” He warns that this is only the beginning. Many new issuers will rush to go public. Most of them, he predicts, won’t last. Related Reading: Crypto Just Got Pricier In Brazil: 17.5% Tax Kicks In Surge Of Copycat […]
Following US President Donald Trump’s announcement of a Crypto Strategic Reserve, some industry figures have questioned the possibility of its establishment. Market watchers have also expressed concern about the longevity of the Trump-fueled market recovery. Related Reading: Cardano Founder Speaks Out Over Rumored White House Ties Arthur Hayes Slams Crypto Reserve Announcement BitMEX founder Arthur […]
Bitmex co-founder Arthur Hayes is not going to prison for violating the U.S. Bank Secrecy Act. Instead, the former crypto exchange CEO has been sentenced to “six months of home detention and two years of probation.” Hayes has agreed to pay a fine of $10 million.
Bitmex’s Arthur Hayes Sentenced
The U.S. Department of Justice (DOJ) announced Friday that the founder and former CEO of cryptocurrency derivatives exchange Bitmex has been sentenced for violating the Bank Secrecy Act (BSA). Hayes pleaded guilty to violating the Bank Secrecy Act in February.
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Former BitMEX CEO Arthur Hayes thinks the upcoming interest rate cuts by the US Federal Reserve (Fed) could ignite a short-term crypto market crash. Fed Is Doing A Colossal Mistake, Hayes Says Delivering a presentation titled ‘Thoughts on Macroeconomic Current Events’, at the Token2049 event in Singapore on September 18, Hayes indicated he is not […]