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Arthur Hayes: Yuan Devaluation Could Ignite Bitcoin Rally as Capital Escapes China

Arthur Hayes is calling it: China’s yuan devaluation is setting the stage for a tidal wave of capital to rocket into bitcoin and ignite a historic bull run. Arthur Hayes: Chinese Capital Flight May Flood Into Bitcoin as...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Arthur Hayes: Yuan Devaluation Could Ignite Bitcoin Rally as Capital Escapes China
Arthur Hayes is calling it: China’s yuan devaluation is setting the stage for a tidal wave of capital to rocket into bitcoin and ignite a historic bull run. Arthur Hayes: Chinese Capital Flight May Flood Into Bitcoin as Yuan Slides Arthur Hayes, co-founder and former CEO of crypto derivatives exchange Bitmex and now head of […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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