Arthur Hayes Reveals His Portfolio, Says He Won’t Purchase Bitcoin or Ethereum
Bitcoin Ethereum Arthur Hayes Reveals His Portfolio, Says He Wont Purchase Bitcoin or Ethereum 12 / 09 / 2022 Balita ng Ethereum ng Bitcoin After the FTX-caused price fall, the former CEO of BitMEX thinks that Bitcoins worst days may be behind it. Arthur Hayes asserts that Bitcoin, the leading cryptocurrency, has likely bottomed out in a recent Medium blog article. “Don‘t know if $15,900 was this cycle’s bottom. But, I do have confidence that it was due to the cessation of forced selling brought on by a credit contraction.” Hayes also listed four cryptocurrencies and further divided them into “Reserve Assets” and “Super-Powered Assets.” He chooses Bitcoin and Ethereum, the first and second largest cryptocurrencies by market capitalization, as Reserve Asset. LOOKS and GMX are the other two cryptocurrencies that are included in this list of Super-Powered Assets. “I could purchase Bitcoin and or Ether, but neither of these cryptos pays me enough yield. And if I‘m not getting sufficient yield, I’m hoping that the price appreciation in fiat terms will be stupendous when the market turns.” Fed to Become Dysfunctional? His positive forecast is predicated on the notion that the U.S. For the Treasury market to be dysfunctional in 2023, after which the Federal Reserve will need