Bitcoin to reach $70,000, says former BitMEX chief; growth forecasted for Bonk competitor

Former BitMEX Chief Arthur Hayes recently made waves in the crypto world with his bold prediction that Bitcoin is set to reach $70,000 in the near future. This optimistic forecast comes amidst a flurry of excitement surrounding the world’s most popular cryptocurrency.  With Bitcoin already gaining significant momentum in recent years, Hayes’ projection suggests that […]

BitMEX co-founder says BTC price may rise if monetary policies tighten

The Federal Reserve has increased its benchmark rate from 0.25% to 5.25% over the past year. BitMEX co-founder believed that bondholders might seek more lucrative “risk assets,” such as Bitcoin. Bitcoin’s four-year cycles might be linked to central banks’ low-rate policies. Challenging the conventional wisdom regarding the relationship between Bitcoin and interest rates, BitMEX co-founder […]