Arthur Hayes, co‑founder of BitMEX, has pointed to hedging tied to BlackRock’s iShares Bitcoin Trust (IBIT) as a major driver behind the recent Bitcoin sell‑off. Related Reading According to Hayes, dealer hedging related to IBIT and similar structured products can force large, mechanical selling when markets move against those positions. Reports note that such moves…
Arthur Hayes says Bitcoin’s next leg higher is less about crypto-specific catalysts and more about whether US policymakers are forced to respond to mounting stress in Japan’s currency and government bond markets. stress he argues will ultimately translate into fresh dollar liquidity. In his latest essay, “Woomph,” published Wednesday, Hayes frames the recent yen weakness…
Crypto pundit Kyle Chassé has pointed to the rising global liquidity to prove that Bitcoin is currently undervalued. His comments come as fiat currencies like the Dollar and Yen continue to weaken amid concerns about governments’ fiscal policies. Global Liquidity Points To A Bitcoin Target Of $270,000 In an X post, Kyle Chassé shared an…
Crypto analyst TARA has predicted that the Bitcoin price will still rally despite bearish signals that have surfaced. She highlighted why the flagship crypto could reach this level and what could happen once it touches the price target. Analyst Predicts Bitcoin Price Surge To $99,000 In an X post, TARA opined that the Bitcoin price…
Arthur Hayes argues that the US move to seize control of Venezuelan oil is less about geopolitics than electoral math and that the resulting policy mix of hotter nominal growth and capped energy costs is structurally bullish for Bitcoin and high-beta crypto. In a Jan. 6 essay titled “Suavemente,” the BitMEX co-founder frames the current…
The Bitcoin, Ethereum, and Dogecoin prices are rising today, with the flagship crypto rising to as high as $93,000. This market rally comes on the back of several factors, including the U.S.-Venezuela escalations, which have increased risk sentiment. Why The Bitcoin, Ethereum, And Dogecoin Prices Are Up In an X post, market commentator The Kobeissi…
The Zcash (ZEC) price has rallied above the psychological $500 level, providing a bullish outlook for the privacy-focused token. This comes amid a notable surge in whale accumulation and derivatives activity among crypto traders. Why Zcash (ZEC) Price Rallied Above $500 Despite Crypto Market Decline CoinMarketCap data show that the Zcash (ZEC) price has rallied…
According to former BitMEX CEO Arthur Hayes, battles over the US debt ceiling create clear cash swings that move markets. When the Treasury spends down its main checking account — the Treasury General Account, or TGA — new dollars enter the system and lift risky assets. Related Reading Later, when the Treasury refills the TGA…
According to former BitMEX CEO Arthur Hayes, battles over the US debt ceiling create clear cash swings that move markets. When the Treasury spends down its main checking account — the Treasury General Account, or TGA — new dollars enter the system and lift risky assets. Related Reading Later, when the Treasury refills the TGA…
The Layer 1 blockchain Monad has grabbed the headlines in the past few days following its successful launch earlier last week. MON, its native token, enjoyed a significant 80% surge on the back of the launch, hitting an all-time high of 0.048 on Wednesday, November 26. While the Monad protocol has enjoyed significant attention since…