Would A 30% Bitcoin Price Crash Be Devastating For Tether’s USDT? Here’s The Truth

Tether, the issuer of USDT, has long been considered one of the most stable assets in the crypto market, but a recent report suggests that a crash in the Bitcoin price could jeopardize the stablecoin’s solvency. Arthur Hayes, co-founder and CIO of BitMEX, has revealed that a portion of USDT’s reserves is allocated to BTC, […]

Arthur Hayes’ Maelstrom To Raise $250 Million For Crypto Equity Fund

Arthur Hayes’ home office Maelstrom is seeking $250 million in capital investment to finance a private equity fund targeted at mid-sized crypto companies. According to Bloomberg, the fund is designed to provide traditional investors more access to the crypto market amid a spectacular recovery from the FTX-inspired market crash in November 2022. Related Reading: Ethereum […]

Arthur Hayes Warns Of Potential 19% Bitcoin Crash, Abandons Major Positions

BitMEX co-founder Arthur Hayes has issued a sobering warning to crypto investors, predicting an imminent 19% Bitcoin crash. This foreboding report comes as Hayes significantly reduced his exposure to major cryptocurrencies, sparking uncertainty and doubt in the market.  Bitcoin Faces Potential 19% Price Crash On August 2, Hayes took to the X social media platform […]

Arthur Hayes Sells $13 Million In Ethereum, PEPE And Ethena – Here’s Why

BitMEX co-founder and key crypto figure Arthur Hayes has recently offloaded $13 million in Ethereum (ETH), Pepe (PEPE), and Ethena (ENA). While this market sell-off may be linked to a broader crypto market decline, Hayes has shared other insights backing this cautious market move. Related Reading: Bitcoin Finds A Corporate Home—Treasuries Now Hold Over $100-B: […]