Arthur Hayes: Bitcoin Could Slip to $50,000 — Altcoins Could Dive ‘Into the Gutter’
Arthur Hayes, co-founder of crypto exchange Bitmex, has warned of a scenario where bitcoin could “slowly leak lower towards $50,000” and “altcoins could dive deeper into the gutter.” Focusing on the impact of dollar liqu...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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 Bitcoin NewsRelated market context
Arthur Hayes Says Bitcoin Price Hits $1M and Saylor No Longer Matters
Arthur Hayes says Michael Saylor “had his time in the sun” and that Strategy no longer moves the needle, then answered whether bit...
Pudgy Penguins Owner Is Shutting Down Its Abstract Chain, Where $47 Million Still Sits
Abstract, the Ethereum layer 2 that Pudgy Penguins parent Igloo Inc. built to bring everyday users onchain, will shut down on Dec....
THORChain Co-Founder Will Ask Its Treasury About Refunding Fees From Stolen Crypto
THORChain co-founder Chad Barraford said he will ask the protocol’s Treasury about sending part of what its developer fund earned...
Non-Custodial Crypto Exchanges: How Self-Custody Is Changing the Way Users Swap Digital Assets
For many users, the distinction comes down to custody. A centralized platform may hold assets on behalf of its customers, while a...
CFTC unveils federally regulated path for crypto exchanges
The CFTC's regulatory framework could boost institutional confidence and market stability, but broader oversight hinges on future...
CFTC Lets Exchanges Convert Index Futures Into True Perpetual Contracts
TL;DR CFTC staff has issued temporary no-action relief allowing designated contract markets to convert certain broad-based securit...