Arthur Hayes: Here's the 'Massive Trade' to Play as the Crypto Market Edges Higher
BitMEX founder and crypto industry veteran Arthur Hayes says there's a massive trade to play as the digital asset market edges higher.
Crypto billionaire Arthur Hayes is revealing a ‘massive trade’ to play as the crypto markets rally.
In a new interview on the CryptoBanter YouTube Channel, Hayes says that the crypto bull market began in March 2023, when the Federal Reserve printed trillions of dollars to support the struggling US banking sector.
Hayes points to the move as a “stealth” printing of money that ultimately triggered Bitcoin's (BTC) move into a new bull market.
“Every bull market feels good in the beginning and then it gets overextended and then we fall. We’ve started the bull market. We started in March 2023 when the Fed stealth printed $4 trillion, Bitcoin went from $20,000 to $74,000 and now we have the president and all of his people lined up saying ‘We are going to print as much money as possible to try to undo 30 years of Chinafication of global manufacturing,’ and so that is a massive trade.
Every bull market feels good in the beginning and then it gets overextended and then we fall. We’ve started the bull market. We started in March 2023 when the Fed stealth printed $4 trillion, Bitcoin went from $20,000 to $74,000 and now we have the president and all of his people lined up saying ‘We are going to print as much money as possible to try to undo 30 years of Chinafication of global manufacturing,’ and so that is a massive trade.
“Everyone’s printing money, the US is going to try and print the most amount of money out of everybody.”
As markets begin to rally, Hayes is watching Solana (SOL), Ethereum's (ETH) top competitor. According to the Maelstrom CIO, SOL will continue to outperforming ETH, at least in the short-term.
“I think it’s Solana in the short term, and that’s because it’s the ‘going up’ crypto. Why did you buy it? It’s going up. Number go up.
Everyone sees the number going up, I’m gonna buy the number go up too. I call it the high-beta Bitcoin. I want some extra juice. If I think the market is going to pop then I’m going to buy some SOL.
The reason SOL has done so well from post-FTX when it got to $7… is that the profitability of the chain has improved dramatically. And so, from a low base, obviously it’s easy to really out
The above is the detailed content of Arthur Hayes: Here's the 'Massive Trade' to Play as the Crypto Market Edges Higher. For more information, please follow other related articles on the PHP Chinese website!

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

Notepad++7.3.1
Easy-to-use and free code editor

SublimeText3 Chinese version
Chinese version, very easy to use

Zend Studio 13.0.1
Powerful PHP integrated development environment

Dreamweaver CS6
Visual web development tools

SublimeText3 Mac version
God-level code editing software (SublimeText3)

Hot Topics

American business intelligence and software firm MicroStrategy Inc. has announced plans to offer the public up to $1.75 billion of its Convertible Senior Notes.

The Deep Worm price has skyrocketed nearly 180%, gaining the attention of investors in the meme coin sector. This massive surge highlights a renewed focus

Glauber Contessoto, also known as "Dogecoin millionaire," expressed bullish sentiments on Ethereum ETH/USD, predicting a parabolic rise for the second-largest cryptocurrency.

Here is the list of the top five new cryptocurrencies to invest in before they skyrocket. These newly launched projects possess massive gains

MicroStrategy intends to use the net proceeds to acquire additional Bitcoin and for general corporate purposes. The offering will be available to institutional investors and certain non-US buyers.

BitMEX, a former cryptocurrency derivatives trading giant, is seeking to sell, which has attracted widespread attention from the industry. According to CoinDesk, BitMEX has commissioned Broadhaven Capital Partners to assist with its sale at the end of last year and is currently in preliminary negotiations with potential buyers. The final transaction price will depend on the market's expectations for the outlook for the cryptocurrency industry and the recovery potential of BitMEX. How did BitMEX decline? BitMEX was founded in 2014 by three founders including ArthurHayes, and is registered in Seychelles. It was once a leader in cryptocurrency derivatives trading, and its success was: pioneering the provision of highly leveraged derivatives trading: Bit

Bitcoin is increasingly seen as a multi-generational asset, and the need for secure and user-friendly solutions to ensure its legacy is more important

Particularly in the world of meme coins, Bitlord—known for his honest attitude, keen insights, and open demeanor—has created a distinct niche for himself