Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Arthur Hayes: If Powell delivers a hawkish speech tonight, ETH may retest $4000
BlockBeats News, August 22nd, BitMEX co-founder Arthur Hayes today expressed his views on the impact of Powell's interest rate policy on the crypto market during his appearance on the Crypto Banter podcast, with the following key points:
1. Doesn't believe Powell has to do anything. Personally, I won't trade based on the assumption of "Fed cuts rates by 50 basis points." If Powell insists on not cutting rates, the government will definitely find a way to "squeeze out liquidity."
2. The market could very well replay the 2022 scenario — anticipating a rate cut, but Powell suddenly delivers a "hawkish blow," resulting in a market crash.
3. If Powell delivers a hawkish speech at Jackson Hole, ETH may retest $4000 first.
Regarding stablecoins, Arthur Hayes said that people's imagination about stablecoins is not big enough. Treasury Secretary Benson will use stablecoins to reverse the trend of "de-dollarization" — bringing back global offshore dollar flows to the United States, while providing banking services to so-called "Global Southern countries (mainly developing countries in Asia and Africa)," even if local regulations do not permit it.
You may also like
Predicting the World Cup "Showdown": Over 150 projects are gearing up, with a total investment of nearly 6 billion dollars
RootData launches the "A-Level Transparency Project Briefing," directly reaching the cryptocurrency listing decision-making chain
What does DeFi look like that Wall Street wants?
Drift Protocol Hack: Understanding One of the Largest Solana Ecosystem Breaches
Key Takeaways Drift Protocol, a decentralized exchange on Solana, experienced a $270 million hack, making it one of…
Navigating the Drift Protocol Security Incident: What You Need to Know
Key Takeaways On April 2, Drift Protocol experienced a security breach where a malicious actor gained administrative control.…
Upbit and Bithumb Designate DRIFT as a Trading Alert Item
Key Takeaways Upbit and Bithumb have labeled DRIFT as a “trading alert” asset following guidance from the Digital…
“Brother Maji” Faces Potential Liquidation with ETH Long Position
Key Takeaways “Brother Maji” currently holds a substantial 25x leveraged long position of 6,000 ETH. The position was…
Wormhole’s Response to Drift Protocol Incident: Delays in Cross-Chain Transfers
Key Takeaways Wormhole confirmed that user assets remain safe despite the Drift Protocol attack. The Solana ecosystem’s built-in…
Bitget Launchpool and MEZO: Navigating the Crypto Reward Opportunities
Key Takeaways Bitget Launchpool offers a way to earn tokens like MEZO by staking assets. The current MEZO…
XRP Price Prediction: Could Ripple Transform into a National Bank?
Key Takeaways: The OCC’s final rule effective from April 1 disrupts traditional banking, potentially allowing Ripple to emerge…
Ripple XRP Approaches National Bank Status: OCC Rule’s Impact
Key Takeaways: Ripple’s journey to full national trust bank status advanced significantly with the OCC’s new rule on…
Cardano Price Forecast: Is ADA Recovery a Bull Trap?
Key Takeaways: Cardano’s price recovery to $0.27 raises questions about whether this is a genuine trend change or…
BNB Price Prediction: Is Binance’s New Prediction Market a Game-Changer?
Key Takeaways: BNB holds a psychological price level at $614, with bullish momentum fueled by Binance’s prediction market.…
Fed’s Barr Advocates Stringent Stablecoin Oversight Amid Historical Lessons
Key Takeaways: Fed Governor Michael Barr stresses the necessity of rigid stablecoin oversight, referencing historical financial instabilities. The…
Solana Price Prediction: Interactive Brokers Backs SOL, Galaxy Digital Expands Support
Key Takeaways: Solana trades sluggishly at $84, despite backing from Interactive Brokers and Galaxy Digital. Institutional interest positions…
Ethereum Price Forecast: Will ETH Sustain Its Momentum?
Key Takeaways: Ethereum ended March with a 7% gain, vastly outshining Bitcoin’s modest 1% increase. Ethereum showed a…
Gold Price Prediction: Worst Month in 17 Years for Safe Haven
Key Takeaways: Gold prices plunged 12% in March, marking their largest monthly drop since October 2008. Spot gold…
Siren Crypto Crash: A 91% Plunge – Genuine Collapse or Manipulative Play?
Key Takeaways: SIREN token experienced a dramatic decline, shedding 91% from its peak of $3.61 to below $0.30…
Predicting the World Cup "Showdown": Over 150 projects are gearing up, with a total investment of nearly 6 billion dollars
RootData launches the "A-Level Transparency Project Briefing," directly reaching the cryptocurrency listing decision-making chain
What does DeFi look like that Wall Street wants?
Drift Protocol Hack: Understanding One of the Largest Solana Ecosystem Breaches
Key Takeaways Drift Protocol, a decentralized exchange on Solana, experienced a $270 million hack, making it one of…
Navigating the Drift Protocol Security Incident: What You Need to Know
Key Takeaways On April 2, Drift Protocol experienced a security breach where a malicious actor gained administrative control.…
Upbit and Bithumb Designate DRIFT as a Trading Alert Item
Key Takeaways Upbit and Bithumb have labeled DRIFT as a “trading alert” asset following guidance from the Digital…
App