Altcoins News
By Evie Vavasseur
1 / 15
Ethereum, Hyperliquid, and the Shitcoin Space. Hayes also took a shot at Hyperliquid. He knows the asset, he's not dismissing it entirely, but he…
2 / 15
BitMEX Shuts Down — Hayes Says It Was Their Call. The bigger news, maybe, is BitMEX itself. The exchange Hayes co-founded is shutting down on…
3 / 15
Trump, the Fed, and Crypto Legislation. Hayes pushed back on the idea that Donald Trump's statements move crypto markets in any meaningful…
4 / 15
Arthur Hayes is done with Bitcoin as his top trade — at least for now. The BitMEX co-founder says Ethereum is his preferred bet, expecting a "3x to 5x" return faster than…
5 / 15
Hayes still thinks Bitcoin hits a seven-figure price within four years. That's not a small call.
6 / 15
Hayes also took a shot at Hyperliquid. He knows the asset, he's not dismissing it entirely, but he doesn't see it offering the same asymmetrical rewards as Ethereum.
7 / 15
And it's worth noting what Hayes isn't saying. He's not calling Hyperliquid worthless. He's saying Ethereum beats it on potential. There's a difference.
8 / 15
Meanwhile, not everyone shares Hayes' long-term Bitcoin optimism. Markus Thielen of 10x Research recently said Bitcoin hitting $1 million by 2030 is "mathematically impossible,"…
9 / 15
His reasoning is basically economic. Running a crypto exchange without the scale of Binance or OKX is, in his words, a "mug's game.
10 / 15
More context: Bitcoin Stays Steady Despite Rising Oil Prices and Fed Rate Hike Speculation
11 / 15
BitMEX launched in 2014. Hayes co-founded it alongside Ben Dolo and Samuel Reed. It was a genuinely pioneering operation — early in crypto derivatives, fast-moving, and for a…
12 / 15
So he's moving on. And he seems fine with that.
13 / 15
Hayes pushed back on the idea that Donald Trump's statements move crypto markets in any meaningful way. Trump has expressed interest in bringing Hyperliquid to the U.S.
14 / 15
He's also skeptical about crypto legislation getting serious traction. The CLARITY Act came up, and Hayes wasn't exactly bullish on its prospects.
15 / 15
Related: Bitcoin Faces ‘Rektember’ as Rate-Hike Fears Threaten September Rally
The Currency Analytics
Want the full story?