Arthur Hayes: Maelstrom is fully invested in risk assets, with Bitcoin, Ethereum, and others as core bets.
41 minutes ago
Arthur Hayes published a post noting that his Maelstrom Fund is currently at "maximum risk exposure", with core bets on Bitcoin, Ether, Ethena, and Ether.fi. Hayes argues that whether U.S. Treasury Secretary Bessent increases U.S. dollar liquidity rapidly or gradually, Bitcoin will keep rising, though market volatility will also spike. As such, he advises against using leverage unless one is a full-time trader. Hayes also pointed out that Bessent’s recent move to expand long-term U.S. Treasury repurchase operations could further boost U.S. dollar liquidity, lifting Bitcoin and other risk assets. He projects that if U.S. Treasury yields approach 5% again, the U.S. Treasury may further expand repurchase volumes or take other steps to increase U.S. dollar liquidity.
India plans to issue its first tokenized bond in September, with a value potentially exceeding $57 million.
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FOLD drops over 26% in 24 hours, with its market cap standing at $97.34 million as of press time.
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Bitcoin mining company Metaplanet deposited 1,000 Bitcoin into Coinbase Prime one hour ago.
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Longling Capital transferred 65 million WLFI tokens to Binance, valued at approximately $3.79 million.
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