Arthur Hayes, BitMEX co-founder and Maelstrom CIO, says a new Bitcoin bull market is underway, triggered by expanded U.S. Treasury bond buybacks that increase dollar liquidity. Treasury Secretary Scott Bessent's surprise move to boost long-term bond repurchases adds liquidity to the financial system, which Hayes believes benefits Bitcoin first before other assets. Hayes compares this to former Treasury Secretary Janet Yellen's 2023 strategy, which also injected liquidity and supported asset gains despite high interest rates. Maelstrom is heavily invested in Bitcoin and related tokens, anticipating increased volatility and growth as Treasury actions continue to influence liquidity and yields.
Bitcoin's price has dipped to just under $83,000, testing the bottom of its current trading range. Technical indicators suggest the price is oversold and a bounce is likely, but a breakdown below support could lead to a deeper correction. The key sup...
A wallet linked to Wintermute has built $126.25 million in short positions on Hyperliquid, with Ethereum short exposure at $46.92 million, followed by Solana and HYPE positions exceeding $10 million each. These shorts come as major cryptocurrencies l...
The Conference Board will release the September Consumer Confidence Index (CCI) on September 29, with a forecast of a slight rise to 90.0 from August's 89.4. The CCI reflects consumer optimism about the economy and influences spending and economic ac...
Bitcoin's price fell about 1.5% to near $83,000 following an unexpected Oval Office announcement by President Trump, whose topic remains unknown but is speculated to involve Iran. This announcement kicks off a critical week for Bitcoin, which also in...
In March 2025, President Trump signed an executive order establishing Bitcoin as a strategic reserve asset for the US government, consolidating about 328,000 BTC mainly from seizures and forfeitures. However, the order did not allocate taxpayer funds...
