Arthur Hayes, co-founder of Maelstrom, advised Bitcoin holders against selling their BTC due to concerns about quantum computing. He discussed wallet management practices, emphasizing the importance of address hygiene. Hayes also revealed that his fund trades altcoins primarily to finance more Bitcoin purchases, aiming to accumulate Bitcoin despite recent disappointing altcoin performance. This highlights a continued confidence in Bitcoin's long-term value despite emerging technological concerns.
Arthur Hayes' comments on Bitcoin and quantum concerns provide context for cryptocurrency market activity. For readers following crypto assets, here is Pluang's market snapshot as of Oct 20, 2026 15:21 WIB: out of 50 major cryptocurrencies, 18 rose and 31 fell today. BAT gained 9.71% to Rp3.587 with a nearly balanced Pluang order activity of 49% Sell and 51% Buy, EOS increased 8.13% to Rp12.649, while SAND dropped 5.09% to Rp1.012, with a longer typical hold time of 123 days on Pluang compared to BAT's 93 days and EOS's 87 days.
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