Arthur Hayes: Bitcoin bottomed as ‘everyone who could go bankrupt has gone bankrupt’
Former BitMEX CEO thinks the Bitcoin price could have reached the bottom after most of the “irresponsible entities” have all run out of Bitcoin to sell.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Former BitMEX CEO thinks the Bitcoin price could have reached the bottom after most of the “irresponsible entities” have all run out of Bitcoin to sell.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitwise Sees a Bottom in Bitcoin’s Worst Vibes Yet: ‘Darkest Before the Dawn’
Bitcoin Magazine Bitwise Sees a Bottom in Bitcoin’s Worst Vibes Yet: ‘Darkest Before the Dawn’ Bitcoin closed the second quarter o...
Saylor and Back Reject Bitcoin’s BIP-110 Fork as Deadline Nears With Almost No Miner Support
Strategy founder Michael Saylor and Blockstream co-founder Adam Back have come out against BIP-110, a proposal to temporarily rest...
Ethereum (ETH) Price Prediction: ETH Holds Near $1,793 as Double Bottom Setup and Long Accumulation Pattern Keep Bulls in Play
The latest Ethereum price charts show a mixed setup. Some analysts are watching a short-term double bottom and a possible ETH/BTC...
Coinbase CEO admits content coins were a mistake
Coinbase CEO Brian Armstrong has admitted that his company “messed up” when it shifted its focus to content coins and prioritised...
Former LASD deputy jailed for obstructing crypto ‘mogul’ Adam Iza extortion probe
A former LASD deputy was sentenced to 18 months in federal prison for lying about an Adam Iza extortion incident.
Bitcoin bear market will bottom when two-month RSI metric hits zero, trader predicts
Bitcoin RSI continued to copy previous bear markets as a trader predicted that historical BTC price bottom signals would "happen a...