BitMEX co-founder Arthur Hayes sold millions worth of cryptocurrencies in anticipation of BTC and ETH fall
Back in May, Arthur Hayes, a well-known businessman, chief investment officer of the Maelstrom fund and former chairman of the BitMEX exchange, said that it’s time to long cryptocurrencies and stocks, and bitcoin will reach $1 million by 2028. But in August, his vision of the short-term trend changed to a pessimistic one. At the beginning of…
Bull market for Ethereum: why the Pectra update did not reduce the risk of correction
Last Ethereum update called Pectra was launched on May 7, potentially making it the fastest and cheapest blockchain in its history. The ETH price has risen 82% in the last 30 days (also due to several macroeconomic factors). It is evident that investors are enthusiastic about the update as new features have been introduced. In […]
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