Arthur Hayes, co-founder of Bitmex, stated in an interview that Michael Saylor's Bitcoin investment strategy no longer drives the market due to the rise of U.S. spot Bitcoin ETFs, which offer investors easier access to Bitcoin. Hayes highlighted that ETF inflows are now more important than Saylor's Bitcoin purchases or sales. He confidently predicted Bitcoin will eventually reach $1 million, about 11.7 times its current price of around $85,300, but did not specify a timeline. Hayes criticized Saylor's approach as outdated and likened it to corporate finance games, emphasizing that Bitcoin's price movement is now driven by ETF activity rather than individual large holders like Saylor.
Arthur Hayes' Bitcoin price prediction is the subject, with Pluang market data providing context as of Oct 06, 2026 16:42 WIB. For readers following cryptocurrency markets, here is Pluang's market snapshot: out of 50 major cryptocurrencies, 12 rose and 36 fell today. Notable movers include XLM at Rp3.852 with a 1-day change of -2.92% and a typical hold time of 84 days, THETA at Rp4.220 with a 1-day change of +2.83% but 100% sell order activity, and KSM at Rp90.431 with a 1-day change of -2.76%. The most notable figure is THETA's 100% sell order activity on Pluang.
Over the past six months, Costco's stock has fallen by 10%, contrasting with the S&P 500's 17% gain. This decline has sparked debate on whether Costco's shares, now trading under $900, represent a buying opportunity. Investors are weighing if the pri...
Elon Musk has confirmed that his company is in discussions with Terafab, marking a potential new chip manufacturing partner alongside Intel, which has been the only named chip partner until now. This development could diversify the supply chain and e...
Ripple's XRP token experienced bullish momentum in August, breaking key resistance and maintaining support around $1.45. Despite some short-term selling pressure and price corrections, technical indicators suggest a long-term uptrend. Traders are wat...
GoldMining Inc. announced initial assay results from its 2026 diamond drilling program at the Yarumalito Project in Colombia, confirming nearly 400 meters of continuous gold-copper mineralization from surface in drill hole YAR-45. The results validat...
Bitcoin Treasury Corporation repurchased and retired 11,800 common shares in September 2026 at an average price of $3.86 per share, contributing to a 1.21% year-to-date increase in Bitcoin per Share (BPS) to 0.00006421. Despite a decrease in total Bi...
