With the Bitcoin (BTC) network’s programmability and scalability still relatively limited compared to other blockchains, developers continue mulling over ways to push the protocol’s capabilities to its limits. One hotly debated idea comes from BIP 300 and BIP 301 – aka “Drivechains” – a soft fork proposal to allow Bitcoin to effectively scale through sidechains. In a blog post on Monday, analysts from BitMEX explored the benefits and tradeoffs of the proposal. BIP 300:...
Read More »Over $200 Million Worth of Major Tokens to be Unlocked This Week: What You Need to Know
Crypto tokens worth upwards of $212 million are set to unlock this week. According to the latest data, five projects – Dao Maker (DAO), STEPN (GMT), Internet Computer (ICP), BitMEX (BMEX), Aptos (APT), The Sandbox (SAND), according to data compiled by DropsTab. The token unlocks could potentially create some significant sell pressure. Token Unlocks: Weekly Edition The DAO Maker Token is the governance token of the DAO Maker ecosystem built on top of the Ethereum blockchain....
Read More »Arthur Hayes: ETH Will Be Main Winner of AI Economy Next Decade
CoinspeakerArthur Hayes: ETH Will Be Main Winner of AI Economy Next Decade Hayes says ETH will skyrocket sometime in the next few years as the AI revolution strengthens and DAOs begin to form. Arthur Hayes: ETH Will Be Main Winner of AI Economy Next Decade
Read More »BitMEX Extends its Partnership With the Italian Soccer Club AC Milan
The cryptocurrency exchange BitMEX announced that it had extended its collaboration with one of the most successful Italian soccer teams – AC Milan. This could be considered another proof that the company continues its recovery following the prolonger bear market last year when it laid off employees and saw its CEO resigning from his post. Renewing the Partnership BitMEX disclosed that it has transitioned to a Premium Partner of AC Milan according to the new terms. The...
Read More »BitMex Co-founder Arthur Hayes Says Bitcoin Could Rally Hard as AI Currency
CoinspeakerBitMex Co-founder Arthur Hayes Says Bitcoin Could Rally Hard as AI Currency According to former banker and BitMex co-founder Arthur Hayes, Bitcoin has a very high chance of becoming the ultimate currency of artificial intelligence. BitMex Co-founder Arthur Hayes Says Bitcoin Could Rally Hard as AI Currency
Read More »Arthur Hayes Claims Removal of US Retail Investors From Crypto Capital Market is Misplaced
The ongoing regulatory enforcement actions are threatening to drive US crypto businesses offshore. The implications of such a shift for the country’s economy are significant, something that has translated into declining crypto prices, making investors even more jittery. While the market’s concerns regarding the potential removal of the US retail investor from the crypto capital markets are palpable, Arthur Hayes believes the fear is misplaced. Elimination of US Retail...
Read More »Former BitMEX CEO Arthur Hayes Remains Bullish on Bitcoin (BTC)
Bitcoin’s strong bounce back despite the SEC lawsuits has made analysts optimist about the beginning of the next bull run. After facing strong selling pressure earlier this week, the world’s largest cryptocurrency Bitcoin (BTC) has given a strong bounceback today moving closer to $27,000. As of press time, BTC is trading 3.2% up at a price of $26,603 and a market cap of $515 billion. The recent bounce back has created optimism among Bitcoin enthusiasts with analysts turning bullish on the...
Read More »Arthur Hayes’ Exit Liquidity Article Explores America’s Position as Global Reserve Currency Issuer
BitMEX co-founder Arthur Hayes examines de-dollarization and its fiscal and political implications in an article titled ‘Exit Liquidity.’ Former BitMEX CEO Arthur Hayes recently aired his views on exit liquidity vis-à-vis the US dollar’s reserve currency status. In a Medium blog post, the American entrepreneur wrote exhaustively on whether the US dollar can be replaced as the global reserve currency. Additionally, Hayes debated whether China or any other powerful nation would be willing...
Read More »Arthur Hayes: Zhu Su ann Kyle Davies-led OPNX Received Funding From Bahrain
The launch of the exchange project, OPNX, earlier this week managed to attract significant backlash from the community. A new development has emerged regarding the funds received for the development of OPNX, which is backed by the founders of the bankrupt hedge fund Three Arrows Capital (3AC). BitMEX’s Arthur Hayes cited an anonymous source and claimed that the founders of the controversial project, Zhu Su and Kyle Davies, received a “lot of money” from the sovereign wealth...
Read More »Former BitMex CEO Arthur Hayes Says His Maelstrom Capital Will Focus on ‘Quality’ to Outperform Bitcoin and Ethereum
Arthur Hayes says Maelstrom is “patient” and is currently only seeking to invest in projects that can prove their worth. Erstwhile BitMex CEO Arthur Hayes plans to beat returns offered by Bitcoin (BTC) and Ether (ETH). Together with former BitMex head of corporate development Akshat Vaidya, Arthur Hayes founded Maelstrom Capital, a fund they plan would considerably outperform the top two largest cryptocurrencies by market cap. The Maelstrom website describes the company as Arthur Hayes’...
Read More »