Arthur Hayes: Bitcoin Will Continue to Fall
BitMEX co-founder Arthur Hayes believes there could be a further decline in Bitcoin in the near future.
BitMEX co-founder Arthur Hayes believes there could be a further decline in Bitcoin in the near future.
According to Bloomberg ETF analyst James Seyffart, there were $76 million in net outflows from spot Bitcoin exchange-traded funds (ETFs) on their seventh day of trading.
Options trading may soon be allowed for spot Bitcoin ETFs in the US by the Securities and Exchange Commission (SEC) in the second half of February.
According to Anthony Scaramucci, founder of SkyBridge, Bitcoin is expected to reach a price of $175,000 by the end of 2025.
The South Korean Office of the President is urging the financial regulator to reconsider its stance on approving a local Bitcoin exchange-traded fund (ETF).
According to Arthur Hayes, co-founder of the crypto exchange BitMEX, central banks will resume their printing of money in 2024.
JPMorgan analysts predict that if approved, registered Bitcoin ETFs could bring in up to $36 billion,.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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