Arthur Hayes, BitMEX co-founder, declares Bitcoin's bottom at $60,000 and predicts a rally to $126,000 driven by global AI infrastructure spending, rising military costs, and expanding fiat credit. He marks February 28, the US-Iran conflict start, as the bull market's beginning, noting Bitcoin's outperformance over gold and tech stocks since then. Hayes highlights the AI arms race between the US and China as a key driver for unlimited credit creation, fueling Bitcoin demand. His family office, Maelstrom, is increasing risk exposure, targeting NEAR Protocol as the next major investment, expecting it to rebound and generate positive cash flow. Hayes advises investors to embrace the bull market despite potential short-term political risks.
The SYN token from the AI-linked Synapse project has dropped more than 55% since late June, erasing gains made after BitMex co-founder Arthur Hayes endorsed it and bought 6.16 million tokens at about $0.357 each. Hayes' investment is now about 28% un...
NEAR Protocol has broken above the key $2 resistance level, showing stronger momentum than XRP. It is trading above its 50-day, 100-day, and 200-day moving averages, signaling a potential recovery and growing market confidence. The next resistance is...
XRP is currently trading around $1.09 and faces strong resistance between $1.11 and $1.15, preventing significant price gains. The cryptocurrency remains below its key moving averages, indicating ongoing bearish momentum despite some easing in sellin...
NEAR Protocol has broken above the key $2 level and is trading above its major moving averages, signaling a potential bullish recovery. In contrast, XRP remains stuck below critical resistance levels and continues a corrective phase. Memecoins Shiba ...
Bitcoin stabilized around $62,600 after a recent drop from $64,400 to $61,800, with significant liquidations mostly affecting long positions. South Korea's KOSPI index has fallen 10% since Friday, causing a massive 1,426% surge in crypto trading volu...
