Technology
Arthur Hayes Urges Buying Bitcoin & Gold as US Dollar Collapses Arthur Hayes Urges Buying Bitcoin & Gold as US Dollar Collapses – Crypto News
BitMEX co-founder Arthur Hayes has made a bold statement, sparking concerns over the potential collapse of the US Dollar. As the United States is establishing a Strategic Bitcoin Reserve, the US dollar is under a huge threat. In a risky bet, Hayes suggests to invest in Bitcoin and Gold as a hedge against the devaluing Dollar.
Gold & Bitcoin To Boost US Economy, Says Arthur Hayes
In his latest X post, BitMEX co-founder Arthur Hayes predicted the potential debacle awaiting the US Dollar. With the US’ adoption of Bitcoin as a strategic reserve, the Dollar is facing a risk of devaluation.
Significantly, Hayes shed light on the exponential growth of US treasury debt since 1971, when the country abandoned the gold standard. Hayes advises investors who search for a possible shift back to pre-1971 trade dynamics to invest in Bitcoin, gold, and gold miners. The BitMEX founder believes that these assets could provide a hedge against the dollar’s depreciation.
The Return of Gold as a Neutral Reserve Asset
Moreover, Arthur Hayes suggests that gold could return to its status as a neutral reserve. He argues that if nations hold gold in reserves, it would facilitate the free and affordable flow of gold in the emerging global monetary system. Given gold’s tariff-exempt status, Trump hinted at its potential use as a reserve asset.
Recently, Robert Kiyosaki, the author of “Rich Dad Poor Dad,” praised silver over gold and Bitcoin. He believes that silver is poised to hit $70 per ounce in the near-term and $200 in two years. He noted, “Silver for the next two months is the best of the three, gold, silver, and Bitcoin.”
Arthur Hayes Predicts Bitcoin’s Surge To $1M
In an ambitious prediction, Arthur Hayes asserted that the Bitcoin price could reach $1 million. He bases his prediction on the growing adoption of Bitcoin and its inclusion in national reserves. He hopes that Trump’s policies could fuel this crypto’s growth as a store of value.
This development follows Donald Trump’s pardon of Arthur Hayes and BitMEX’s three executives. While they pleaded guilty to breaching anti-money laundering and know-your-customer laws, the Trump government granted pardon to them.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
-
Blockchain1 week agoThe Stablecoin Sandwich Is Missing the Trust Layer – Crypto News
-
Cryptocurrency1 week agoLawsuit claims BitMEX used server freezes and internal trading to seize 622 Bitcoin ahead of its September closure – Crypto News
-
others1 week ago
Tom Lee’s BitMine Adds 9,946 ETH, Buys Back 6.1M Shares as Stock Gains – Crypto News
-
Blockchain1 week agoCircle Buys IBM’s Blockchain Patents to Boost Payments Network – Crypto News
-
Blockchain1 week agoKraken Brings CFTC-Regulated Perpetual Futures To US Traders – Crypto News
-
De-fi1 week agoOndo Recasts Its Blockchain as the Ondo Network – Crypto News
-
Blockchain1 week agoBitmine Buys More Ether, Bringing Holdings to 5.79M ETH – Crypto News
-
Cryptocurrency1 week agoCompromised owner contract just let hackers print 5.2 million WEMIX stablecoins out of thin air, forcing a complete network freeze – Crypto News
-
Blockchain1 week agoEmirates Lets UAE Residents Pay for Flights Through Crypto.com – Crypto News
-
De-fi1 week agoRobinhood Chain Tops Solana in Tokenized Stock Volume Via Memecoin Pairs – Crypto News
-
Business1 week ago
Breaking: Grayscale CEO Peter Mintzberg Sells Holdings in GXRP XRP ETF – Crypto News
-
Blockchain1 week agoBitMart Faces Withdrawal Complaints Following Wind-Down Announcement – Crypto News
-
Cryptocurrency1 week agoEthereum price forecast: ETH eyes $2,000 breakout as ETF inflows boost momentum – Crypto News
-
Technology1 week agoXbox is down again? Microsoft confirms outage, says ‘We know this has been going on a while…’ – Crypto News
-
Business1 week ago
Breaking: Elon Musk’s Tesla Wins Supreme Court Fight Over 5G Patent Lawsuit – Crypto News
-
Business1 week ago
U.S. CFTC Seeks Expedited Ruling as Minnesota Prediction Market Ban Set to Take Effect – Crypto News
-
Technology1 week ago
What Does Bitcoin Really Need? It Needs To Become Money Again. – Crypto News
-
De-fi1 week agoOCC Denies Wise’s US National Trust Bank Charter – Crypto News
-
Business1 week ago
Ondo Network Goes Live as Execution Layer for Open Financial Markets – Crypto News
-
De-fi1 week agoRobinhood Chain Tops Solana in Tokenized Stock Volume Via Memecoin Pairs – Crypto News
-
others1 week agoNorth Korea Detains Elite State Hackers for Breaching Own Central Banks: Report – Crypto News
-
Cryptocurrency1 week agoAI firms are shredding physical books because copyright law is quietly rewarding them – Crypto News
-
Cryptocurrency1 week agoWhy Hashdex’s new crypto ETF keeps 100% of your initial staking yields and 40% of everything else – Crypto News
-
De-fi1 week agoRobinhood Chain Tops Solana in Tokenized Stock Volume Via Memecoin Pairs – Crypto News
-
others1 week ago
New York AG Letitia James Warns CLARITY Act Would Limit State Crackdown on Crypto Fraud – Crypto News
-
Technology1 week agoApple wants cheaper OLED displays for iPhone 18 Pro Max amid RAM price surge: Report – Crypto News
-
Blockchain7 days agoUS Sanctions Iran-Linked HormuzSafe, Cites Bitcoin Payments – Crypto News
-
Blockchain7 days agoElliptic Report Shows How Bitcoin ATM Scams Move From Cash To On-Chain Wallets – Crypto News
-
Technology1 week agoPoco M8 Power launching in India on 4th August: 8,000mAh battery, AMOLED display confirmed – Crypto News
-
Blockchain1 week agoBitMart Faces Withdrawal Complaints Following Wind-Down Announcement – Crypto News
-
Cryptocurrency1 week agoThe brutal $346M math behind Galaxy’s high-stakes race to build CoreWeave’s Texas AI mega-center – Crypto News
-
Cryptocurrency1 week ago31 newly discovered vulnerabilities expose 99% of x402 crypto payments to asset theft and free shopping – Crypto News
-
Blockchain1 week agoCircle Acquires IBM’s Blockchain IP Portfolio – Crypto News
-
Cryptocurrency7 days agoThree key demand drivers stall at once, leaving Bitcoin’s $64,000 support to long-term holders – Crypto News
-
Blockchain1 week agoFIS Links Digital Money to Smarter Bank Networks – Crypto News
-
others1 week agoEMCD launches Miner Support Program with up to $30M for miners amid industry’s steepest profitability squeeze – Crypto News
-
De-fi1 week agoRobinhood Chain Tops Solana in Tokenized Stock Volume Via Memecoin Pairs – Crypto News
-
Cryptocurrency1 week agoBitcoin’s $65,000 rebound looks like a relief rally, but Wednesday’s Fed decision could turn it into a trap – Crypto News
-
Blockchain1 week agoBinance Phishs Own Staff Monthly, India Censors BitChat: Asia Express – Crypto News
-
De-fi1 week agoInside the brutal 2-minute flash crash sending a $400M South Korean market plunging on Hyperliquid – Crypto News
-
others1 week ago
Crypto Market Brief July 27 – Crypto News
-
others6 days ago
Pi Network Price Prediction as PI Outperforms Bitcoin Ahead of Ninth Protocol Upgrade – Crypto News
-
Cryptocurrency1 week agoEthereum outperforms Bitcoin as Bitmine buys 9,946 ETH – Crypto News
-
De-fi1 week agoSafe Logs 130M Transactions in Q2, a Quarterly Record – Crypto News
-
others1 week agoScammers Drain $420,000 From Florida and Resident After Posing As Law Enforcement Officers – Crypto News
-
De-fi1 week agoA $650 million wave of bridge hacks just triggered a $7 billion mass migration to Chainlink – Crypto News
-
Cryptocurrency1 week agoCrypto market records $435M in liquidations as prices hold firm – Crypto News
-
others1 week ago
NVIDIA Expands Agent Toolkit to Build Quantum-Powered AI Agents amid $250B OpenAI Talks – Crypto News
-
Business1 week ago
Binance co-founder Chengpeng Zhao “CZ” Warns Against Crypto Exchange Acquisitions – Crypto News
-
De-fi1 week agoRobinhood Chain Tops Solana in Tokenized Stock Volume Via Memecoin Pairs – Crypto News

✓ Share: