BitMEX’s Arthur Hayes Plans To Exit T-Bills With Focus On Crypto Investments
 
 BitMEX co-founder Arthur Hayes has recently posted many articles on Bitcoin and crypto investments. In a recent blog, Hayes stressed the ongoing Binance court trials addressing the state rules as uncertain.
He also highlighted the growth of Binance as one of the largest crypto exchanges per trading volume. Hayes highlights the restored friendship between China and the United States, anticipating further Chinese monetary stimulation to drive the developing crypto bull market.
Arthur Hayes To Move Out Funds From T-Bills Before Next Bull Run
Recent reports by the on-chain data analysis platform Lookonchain suggest that Arthur Hayes is bullish on Bitcoin. As per reports, after February 7, Hayes has shared multiple articles on raising cash and buying Bitcoin.
In his blog published on November 28, Hayes argued that he would soon move funds out of his T-bills (treasury bills) and invest in crypto before China’s money printer (China’s ability to expand its monetary policies) goes berserk.
The BitMEX founder expresses a positive stance on cryptocurrencies, particularly Bitcoin. He discusses the significance of crypto as one of the most important political, financial, and technological instruments. Hayes stated the transformative nature of crypto, emphasizing its potential to create a parallel financial, political, and economic system based on voluntary participation rather than violent oppression.
While discussing the geopolitical dynamics between China and the US, Hayes predicts that China’s money printer will become more active, potentially leading to a bullish scenario for crypto, especially Bitcoin.
He discusses the potential for increased credit in China, a weaker dollar, and the positive impact these factors might have on crypto markets.
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US-China Renewed Friendship Could Trigger Next Bull Run
According to Hayes, the geopolitical dynamics between China and the United States, notably the revival of relations, could contribute to a bullish scenario for the Bitcoin market.
The BitMEX founder anticipates that China, under President Xi Jinping, may engage in significant monetary stimulus. He suggests that monetary expansion, combined with a weakened US dollar, could be favorable for the cryptocurrency market.
Additionally, he discusses the idea that if China prints a significant amount of yuan (CNY), it could find its way into global markets. This will support the prices of various risk assets, including cryptocurrencies. The fungible nature of global fiat credit, suggests that capital from China could contribute to the rise of hard monetary assets like Bitcoin.
In a nutshell, it looks like Hayes is extremely bullish on Bitcoin. The upcoming bull run is expected to start before or after the next Bitcoin halving. Investors are keeping a close eye on the countdown timer.
Also Read: Former SEC Official Foresees Binance Founder CZ’s Extended Stay in US
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