Arthur Hayes Says He Would Not Buy Bitcoin Right Now
BitMEX co-founder Arthur Hayes said he would not invest in Bitcoin at current levels, arguing he will wait for US monetary easing before re-entering the market.
A cryptocurrency is a digital or virtual form of money that uses cryptography to secure transactions and control the creation of new units. It operates on blockchain or distributed ledger technology, allowing peer-to-peer transfers without a central authority. Transactions are verified by network participants through consensus mechanisms such as proof of work or proof of stake. Cryptocurrencies can be used for payments, value transfer, or as a utility within blockchain applications. Their supply and rules are defined by software protocols.
BitMEX co-founder Arthur Hayes said he would not invest in Bitcoin at current levels, arguing he will wait for US monetary easing before re-entering the market.
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Former CFTC Chair Christopher Giancarlo says US banks need the Digital Asset Market Clarity Act more than crypto firms to confidently invest in blockchain-based financial infrastructure.
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Flow Foundation and Dapper Labs filed a motion in a Seoul court to suspend planned delistings of the FLOW token by several major South Korean exchanges.