Former Bitmex CEO Arthur Hayes suggested that a serious bull season could begin at the beginning of 2024 for Bitcoin (BTC), cryptocurrencies and other traditional risk products.
Arthur Hayes, held in Singapore Token2049 He made statements that attracted attention regarding his ethics. In his speech crypto coins, artificial intelligence technology And decentralized finance (DeFi) Highlighting that a possible bull run In the first quarter of 2024 He argued that he could start.
Hayes, both cryptocurrencies as well as other traditional risk assets While stating that the bull market for the market will start in the first quarter of 2024, risk assets II. World War And Great Depressionwill live from to the biggest bull run He emphasized that he would testify.
Continued money printing will be the trigger
While he argues that the balance between money printing, borrowing and a growing population will eventually lead to an inevitable rise in risk products and traditional markets. money printing will continue and this money will provide liquidity to the markets he stated. Hayes said this increased money printing was the beginning of a bull run not seen in a long time. main fuel He suggested that it would happen.
On the other hand, artificial intelligence technology DeFi for the sector very serious opportunities Expressing that he can create a decentralized cloud service at this point, Hayes said that Filecoin (FIL) He added that it has a large development area. Hayes had recently come to the fore as a Filecoin supporter.
It is also one of Hayes’ leading decentralized finance projects. GMX It also has serious investments in it.