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tron
TRON (TRX) $ 0.052918
bitcoin
Bitcoin (BTC) $ 17,028.63
ethereum
Ethereum (ETH) $ 1,259.98
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 289.33
usd-coin
USD Coin (USDC) $ 1.00
xrp
XRP (XRP) $ 0.386959
binance-usd
Binance USD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.101043
cardano
Cardano (ADA) $ 0.317595
solana
Solana (SOL) $ 14.01
matic-network
Polygon (MATIC) $ 0.91231
polkadot
Polkadot (DOT) $ 5.48
tron
TRON (TRX) $ 0.052918
Tuesday, December 6, 2022
HomeCryptocurrencyArthur Hayes Doubles Down on His Bearish Bitcoin Worth Prediction

Arthur Hayes Doubles Down on His Bearish Bitcoin Worth Prediction

Former BitMEX CEO Arthur Hayes has doubled down on his $10,000 Bitcoin value prediction in a current tweet.

This comes after cryptocurrency agency Genesis, a subsidiary of Barry Silbert’s Digital Foreign money Group, has reportedly began warning about probably dealing with chapter with out funding.

“Properly that is the top of that. Now all my mates in restructuring shall be asking if I do know anybody at Genesis I can join them with,” Hayes commented.

As reported by U.Right now, Genesis’s lending arm was pressured to droop withdrawals on Nov. 16 after allegedly failing to safe $1 billion in recent funding.

For now, nevertheless, Genesis says that it doesn’t plan to file chapter. The agency has now lowered its bailout goal to $500 million, in keeping with The Wall Avenue Journal.

Crypto large Binance has reportedly handed on a possible deal out of concern that this might create a battle of curiosity.

As reported by U.Right now, Hayes stated that he was prepared to purchase Bitcoin at $10,000 after Genesis’s lending arm introduced the suspension of withdrawal.

On Monday, the worth of Bitcoin dropped to a brand new two-year low of $15,479 on the Bitstamp alternate.

BitcoinMasterNews

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