Peter Brandt Predicts New ATH for Bitcoin during BTC Halving 2024, Contrary to Arthur Hayes’ Forecast
Bitcoin dominance has signaled an inevitable reversal that could pave the way for the altcoin industry to shine led by Ethereum (ETH).
CEO and Founder of BitMEX.
Arthur Hayes is the co-founder and CEO of BitMEX. After graduating with a degree in economics from the Wharton School of Business, Hayes lived in Hong Kong as an equity derivatives trader. He was the market-maker for Deutsche Bank and Citibank’s Exchange Traded Funds (ETF) businesses.
He also has extensive experience trading equity index futures, forwards, and swaps as well as non-deliverable FX forwards. Hayes brings a deep understanding of how to structure and trade financial derivatives.
BitMEX
American
Hong Kong
University of Pennsylvania, Wharton School of Business, BS in Economics and Finance - 2004-2008
University of Pennsylvania, Bachelors of Science in Economics, Finance, - 2004-2008
BitMEX - CEO/Co-Founder
Citigroup Inc - Delta OneTrader - 2011–2013
Deutsche Bank AG - Associate
Bitcoin dominance has signaled an inevitable reversal that could pave the way for the altcoin industry to shine led by Ethereum (ETH).
GMX price seems to have seen some recovery, finding stability around the $39 mark.
Raoul Pal’s disclosure of his WIF ownership, coupled with the substantial surge in the token’s market value, has ignited fervent discussions and speculations among investors and market participants.
Arthur Hayes believes that USDT and USDe have risks, and both could ultimately fail. However, the failure could be linked to different reasons, given Ethena’s superior approach.
According to Hayes, in the new decentralized economy, mounting pressure on centralized stablecoin operations could give rise to decentralized alternatives that do not rely on the TradFi framework to operate.