
Arthur Hayes expects Bitcoin to climb dramatically by 2025.
Arthur Hayes expects Bitcoin to climb dramatically by 2025.
FTX’s creditor payments begin in May 2025, as BitMEX’s leadership, including Arthur Hayes, receives clemency after legal battles.
BitMEX is said to have knowingly bypassed U.S. AML rules, allowing traders access with minimal KYC, leading to fines and legal consequences.
As China considers major debt issuance, Hayes foresees an opportunity for Bitcoin, echoing past gains during yuan devaluation periods.
Hayes predicts Bitcoin could fall to $50K, with altcoins faring worse, due to macroeconomic pressures and rising bond yields.
Grants from $50K to $150K will be awarded over 12 months to developers contributing to Bitcoin Core.
BitMEX co-founders pleaded guilty to similar criminal charges in 2022 and were sentenced to probation.
Significant sell orders worth $55.49 million caused Bitcoin’s price on BitMEX to briefly drop to $8,900.
Arthur Hayes’ latest blog post indicates that “points” could be the next big thing in crypto.
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Arthur Hayes predicted that the crypto market is still in its early stages and anticipated that bullish trends will continue after March.