Hayes | Crypto

Arthur Hayes says the longer Donald Trump engages in expensive “Iranian nation-building,” the more likely it is that the Federal Reserve will boost money supply. The US Federal Reserve could ease its hawkish monetary policy to help finance the country’s conflict with Iran, which would boost crypto markets, says BitMEX co-founder Arthur Hayes. Hayes said in a blog post on Monday that every US president since 1985 has launched military action in the Middle East, and each time, the Federal Reserve has responded by cutting rates and expanding the money supply to finance the conflict. “The longer Trump engages in the extremely costly activity of Iranian nation-building, the higher the likelihood that the Fed lowers the price and increases the quantity of money to support Pax Americana’s latest bout of Middle Eastern adventurism,” he added. Read more

As market participants continue to speculate on when altcoin season will arrive, BitMEX co-founder Arthur Hayes argued there is “always an altcoin season happening.” While many crypto traders are still waiting for the next altcoin season to begin, BitMEX co-founder Arthur Hayes said it’s been underway all along. “There is always an altcoin season happening… and [if you’re] always saying altcoin season isn’t there, [it’s] because you didn’t own what went up,” Hayes said during a podcast interview published to YouTube on Thursday. Hayes said many traders are still expecting altcoin season to play out the same way it did in previous years, assuming the same cryptocurrencies and narratives will repeat. “You wanted it to be like last altcoin season, because then you felt like you knew what you had to do,” Hayes said. Read more

As market participants continue to speculate on when altcoin season will arrive, BitMEX co-founder Arthur Hayes argued there is “always an altcoin season happening.” While many crypto traders are still waiting for the next altcoin season to begin, BitMEX co-founder Arthur Hayes said it’s been underway all along. “There is always an altcoin season happening… and [if you’re] always saying altcoin season isn’t there, [it’s] because you didn’t own what went up,” Hayes said during a podcast interview published to YouTube on Thursday. Hayes said many traders are still expecting altcoin season to play out the same way it did in previous years, assuming the same cryptocurrencies and narratives will repeat. “You wanted it to be like last altcoin season, because then you felt like you knew what you had to do,” Hayes said. Read more