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🌪️ Arthur Hayes Issues Bitcoin Warning: Dip Ahead? ⚠️ $BTC could be heading into stormy waters, according to #BitMEX co-founder Arthur Hayes. In his latest blog post “Quid Pro Stablecoin”, Hayes cautions that the recent Bitcoin rally may soon face a correction. His main concern? A wave of profit-taking and potential liquidity shocks triggered by U.S. macro policy shifts. 💡 Key Insight: The U.S. Treasury is preparing to refill its General Account (TGA) — a move Hayes warns could drain liquidity from markets and apply downward pressure on risk assets like crypto. 📉 What This Means for Traders: • BTC could see short-term weakness • Macro news will be critical – especially Fed signals • Volatility might spike as institutional traders react 🚨 Stay alert. Hayes has a track record of calling big moves. #Bitcoin #Squar2earn
🌪️ Arthur Hayes Issues Bitcoin Warning: Dip Ahead? ⚠️
$BTC could be heading into stormy waters, according to #BitMEX co-founder Arthur Hayes.

In his latest blog post “Quid Pro Stablecoin”, Hayes cautions that the recent Bitcoin rally may soon face a correction. His main concern? A wave of profit-taking and potential liquidity shocks triggered by U.S. macro policy shifts.

💡 Key Insight:
The U.S. Treasury is preparing to refill its General Account (TGA) — a move Hayes warns could drain liquidity from markets and apply downward pressure on risk assets like crypto.

📉 What This Means for Traders:
• BTC could see short-term weakness
• Macro news will be critical – especially Fed signals
• Volatility might spike as institutional traders react

🚨 Stay alert. Hayes has a track record of calling big moves.

#Bitcoin #Squar2earn
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Bullish
⚡️NEW: BitMEX's Arthur Hayes predicts #BTC could hit $250,000 in 2025 if the 🇺🇸US Fed pivots to Quantitative Easing (QE). *QE involves a central bank buying large amounts of financial assets, like government bonds, to inject money into the economy & stimulate growth. Source: Cointelegraph #bitcoin #usa #bitmex #crypto $BTC {spot}(BTCUSDT)
⚡️NEW: BitMEX's Arthur Hayes predicts #BTC could hit $250,000 in 2025 if the 🇺🇸US Fed pivots to Quantitative Easing (QE).

*QE involves a central bank buying large amounts of financial assets, like government bonds, to inject money into the economy & stimulate growth.

Source: Cointelegraph

#bitcoin #usa #bitmex #crypto

$BTC
🚨 BREAKING: President Trump has pardoned #BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed, who had pled guilty to federal charges including money laundering and violating the Bank Secrecy Act.
🚨 BREAKING: President Trump has pardoned #BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed, who had pled guilty to federal charges including money laundering and violating the Bank Secrecy Act.
🚨 South Korea Cracks Down on Unregistered Crypto Exchanges! 🚨 🇰🇷 South Korea’s financial authorities are tightening their grip on foreign crypto exchanges operating without proper registration! 🚫💰 Major platforms like BitMEX, KuCoin, CoinW, Bitunix, and KCEX are under scrutiny for targeting Korean investors illegally. 🔍 According to The Korea Economic Daily, the Financial Intelligence Unit (FIU) is considering access blocks and sanctions ⚠️ against these exchanges for running Korean-language websites and marketing campaigns without approval. 📜 Under South Korea’s Specific Financial Information Act, all crypto platforms must register with the FIU to operate legally. 🚦❌ Failure to comply could lead to criminal penalties and serious consequences! 🚔⚖️ 📉 The crackdown follows a similar move in 2022, when 🇰🇷 regulators blocked 16 unregistered exchanges, forcing many to exit the South Korean market. 📵 Now, the number of registered crypto firms has dropped by 26% 📊, with only 31 officially approved platforms remaining. 🔮 What’s Next? Investors in South Korea should stay alert 🧐 and ensure they use compliant exchanges to avoid disruptions! ⚡💡 #Crypto #SouthKorea #BitMEX #Regulation #CryptoNews 🚀
🚨 South Korea Cracks Down on Unregistered Crypto Exchanges! 🚨

🇰🇷 South Korea’s financial authorities are tightening their grip on foreign crypto exchanges operating without proper registration! 🚫💰 Major platforms like BitMEX, KuCoin, CoinW, Bitunix, and KCEX are under scrutiny for targeting Korean investors illegally.

🔍 According to The Korea Economic Daily, the Financial Intelligence Unit (FIU) is considering access blocks and sanctions ⚠️ against these exchanges for running Korean-language websites and marketing campaigns without approval.

📜 Under South Korea’s Specific Financial Information Act, all crypto platforms must register with the FIU to operate legally. 🚦❌ Failure to comply could lead to criminal penalties and serious consequences! 🚔⚖️

📉 The crackdown follows a similar move in 2022, when 🇰🇷 regulators blocked 16 unregistered exchanges, forcing many to exit the South Korean market. 📵 Now, the number of registered crypto firms has dropped by 26% 📊, with only 31 officially approved platforms remaining.

🔮 What’s Next? Investors in South Korea should stay alert 🧐 and ensure they use compliant exchanges to avoid disruptions! ⚡💡

#Crypto #SouthKorea #BitMEX #Regulation #CryptoNews 🚀
👌👌 Trump Pardons #BitMEX Founders President Trump has officially pardoned the three co-founders of BitMEX — Arthur Hayes, Benjamin Delo, and Samuel Reed — who had previously pleaded guilty to money laundering and regulatory violations. Here’s a quick recap of their cases: Samuel Reed pleaded guilty to violating the Bank Secrecy Act in 2022, paid a $10M fine, and got 18 months of probation. Benjamin Delo received 30 months of probation. Arthur Hayes was sentenced to 6 months of house arrest plus 2 years of probation. #pardons
👌👌 Trump Pardons #BitMEX Founders
President Trump has officially pardoned the three co-founders of BitMEX — Arthur Hayes, Benjamin Delo, and Samuel Reed — who had previously pleaded guilty to money laundering and regulatory violations.
Here’s a quick recap of their cases:
Samuel Reed pleaded guilty to violating the Bank Secrecy Act in 2022, paid a $10M fine, and got 18 months of probation.
Benjamin Delo received 30 months of probation.
Arthur Hayes was sentenced to 6 months of house arrest plus 2 years of probation.
#pardons
Can't shorten; would rephrase.Cryptocurrency exchange BitMEX is looking for a buyer, CoinDesk reports. The exchange has hired independent investment bank Broadhaven Capital Partners to facilitate the sale. #BitMEX is looking for a buyer after a federal judge fined the company $100 million last month for violating the Bank Secrecy Act. #cryptocurrency and derivatives exchange BitMEX is looking for a buyer and has hired independent investment bank Broadhaven Capital Partners to facilitate the sale, CoinDesk reported, citing sources. BitMEX is looking for a buyer after a federal judge fined the exchange $100 million last month for violating the Bank Secrecy Act, a law that requires companies to report suspicious financial activity to prevent money laundering. BitMEX has been looking for a buyer since it previously admitted to violating the law in July 2024. 2025 BitMEX isn't the only exchange reportedly looking for a buyer. Cryptocurrency derivatives exchange Deribit has been gathering buyers for a potential acquisition, which at one point included digital asset exchange #Kraken , but as of Jan. 14, Deribit had not yet been officially listed for sale, The Block reported. January trading volume on the BitMEX spot market was $15.12 million, according to The Block's Data Dashboard. The company was founded in 2014 by Arthur Hayes. Read us at: [Compass Investments](https://www.binance.com/en/square/profile/compass_investments)

Can't shorten; would rephrase.

Cryptocurrency exchange BitMEX is looking for a buyer, CoinDesk reports.

The exchange has hired independent investment bank Broadhaven Capital Partners to facilitate the sale.
#BitMEX is looking for a buyer after a federal judge fined the company $100 million last month for violating the Bank Secrecy Act.
#cryptocurrency and derivatives exchange BitMEX is looking for a buyer and has hired independent investment bank Broadhaven Capital Partners to facilitate the sale, CoinDesk reported, citing sources.
BitMEX is looking for a buyer after a federal judge fined the exchange $100 million last month for violating the Bank Secrecy Act, a law that requires companies to report suspicious financial activity to prevent money laundering. BitMEX has been looking for a buyer since it previously admitted to violating the law in July 2024.
2025 BitMEX isn't the only exchange reportedly looking for a buyer. Cryptocurrency derivatives exchange Deribit has been gathering buyers for a potential acquisition, which at one point included digital asset exchange #Kraken , but as of Jan. 14, Deribit had not yet been officially listed for sale, The Block reported.
January trading volume on the BitMEX spot market was $15.12 million, according to The Block's Data Dashboard. The company was founded in 2014 by Arthur Hayes.
Read us at: Compass Investments
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Bullish
CoinMarketCap Spotlight | 2 Jun 2025 Here is a quick rundown of the top headlines from the past 24 hours: Arthur Hayes just set a $250,000 Bitcoin target for 2025, claiming Trump's economic strategy is about to take a sharp turn. What sharp turn is he talking about? #Gold is up 27% this year while Bitcoin sits at just 12% gains, with Coinshare analyst saying gold won this battle. But why are analysts claiming Bitcoin is winning when gold is clearly outpacing it? BitMEX's security team hacked the Lazarus Group and exposed their operations after one hacker forgot to use their VPN. How did #BitMEX manage to access North Korea's top cybercrime unit? Ethereum's Pectra upgrade introduced new wallet functionality that backfired, with over 80% of new delegations going to malicious contracts. How did it exactly happen? The #SEC shot down REX Shares and Osprey Funds' proposals for Ethereum and Solana staking ETFs in a late Friday letter. So no chances of staking ETF proposals to get approved? $BTC $ETH $SOL #CoinMartketCap #trending #viral
CoinMarketCap Spotlight | 2 Jun 2025

Here is a quick rundown of the top headlines from the past 24 hours:

Arthur Hayes just set a $250,000 Bitcoin target for 2025, claiming Trump's economic strategy is about to take a sharp turn. What sharp turn is he talking about?

#Gold is up 27% this year while Bitcoin sits at just 12% gains, with Coinshare analyst saying gold won this battle. But why are analysts claiming Bitcoin is winning when gold is clearly outpacing it?

BitMEX's security team hacked the Lazarus Group and exposed their operations after one hacker forgot to use their VPN. How did #BitMEX manage to access North Korea's top cybercrime unit?

Ethereum's Pectra upgrade introduced new wallet functionality
that backfired, with over 80% of new delegations going to malicious contracts. How did it exactly happen?

The #SEC shot down REX Shares and Osprey Funds' proposals for Ethereum and Solana staking ETFs in a late Friday letter. So no chances of staking ETF proposals to get approved?

$BTC $ETH $SOL

#CoinMartketCap #trending #viral
Arthur Hayes! U.S. Unlikely To Hold Bitcoin Due To Soaring National Debt 📰 In a recent statement, BitMEX co-founder Arthur Hayes suggested that the United States is unlikely to add $BTC to its national reserves and the primary reason...... Full read here: https://coinmarketcap.com/community/share/post/358048986 #ArthurHayes #Bitmex #Bitcoin
Arthur Hayes! U.S. Unlikely To Hold Bitcoin Due To Soaring National Debt 📰

In a recent statement, BitMEX co-founder Arthur Hayes suggested that the United States is unlikely to add $BTC to its national reserves and the primary reason......

Full read here: https://coinmarketcap.com/community/share/post/358048986

#ArthurHayes #Bitmex #Bitcoin
Market Predictions: Arthur Hayes, co-founder of BitMEX, predicts that the cryptocurrency market will peak by the end of March 2025, followed by a significant correction #MarketPredictions #ArthurHayes #BitMEX
Market Predictions: Arthur Hayes, co-founder of BitMEX, predicts that the cryptocurrency market will peak by the end of March 2025, followed by a significant correction

#MarketPredictions #ArthurHayes #BitMEX
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Bullish
Arthur Hayes Predicts ETH to Hit $5K Before Solana Reaches $300 Crypto entrepreneur and BitMEX co-founder, Arthur Hayes, has made a bold prediction: Ethereum (ETH) will hit $5,000 before Solana (SOL) breaks the $300 mark. As Ethereum regains momentum, surpassing the $2,000 level after weeks of underperformance, Hayes confidently states that ETH is poised for a major surge. ETH would need a sharp 150% rise to reach the $5K target, while Solana would need a 120% boost to reclaim its previous highs. However, Hayes believes Solana has significant room to grow in the coming years, despite its current market position. At the time of writing, Ethereum is trading at $2,060, marking an 8% increase in the past week. After facing challenges throughout 2023, ETH is showing signs of recovery, with many analysts, including Hayes, forecasting a return to its former glory. ETH's all-time high of $4,891 was reached in November 2023. Meanwhile, Solana has experienced a 50% drop from its all-time high of $294, set earlier this year in January. Currently trading near $140, SOL has gained 12% over the past week, and while it has considerable growth potential, surpassing $300 remains a challenge for the near future. The rivalry between Ethereum and Solana continues to intensify as both compete in the smart contract space, with Ethereum holding its ground as the dominant force and Solana emerging as a serious contender. #ETH #ArthurHayes #BitMEX #sol #CryptoNews $ETH $SOL
Arthur Hayes Predicts ETH to Hit $5K Before Solana Reaches $300

Crypto entrepreneur and BitMEX co-founder, Arthur Hayes, has made a bold prediction: Ethereum (ETH) will hit $5,000 before Solana (SOL) breaks the $300 mark. As Ethereum regains momentum, surpassing the $2,000 level after weeks of underperformance, Hayes confidently states that ETH is poised for a major surge.

ETH would need a sharp 150% rise to reach the $5K target, while Solana would need a 120% boost to reclaim its previous highs. However, Hayes believes Solana has significant room to grow in the coming years, despite its current market position.

At the time of writing, Ethereum is trading at $2,060, marking an 8% increase in the past week. After facing challenges throughout 2023, ETH is showing signs of recovery, with many analysts, including Hayes, forecasting a return to its former glory. ETH's all-time high of $4,891 was reached in November 2023.

Meanwhile, Solana has experienced a 50% drop from its all-time high of $294, set earlier this year in January. Currently trading near $140, SOL has gained 12% over the past week, and while it has considerable growth potential, surpassing $300 remains a challenge for the near future.

The rivalry between Ethereum and Solana continues to intensify as both compete in the smart contract space, with Ethereum holding its ground as the dominant force and Solana emerging as a serious contender.

#ETH #ArthurHayes #BitMEX #sol #CryptoNews

$ETH
$SOL
🪙 Arthur Hayes, #BitMEX co-founder says: “This might be the last chance you have to buy #BTC < $100k”. $BTC #ArthurHayes
🪙 Arthur Hayes, #BitMEX co-founder says: “This might be the last chance you have to buy #BTC < $100k”.

$BTC #ArthurHayes
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Bearish
Bitcoin falls for $8.9k in Bitmex Bitcoin experienced a significant correction, losing nearly 7% of its market cap within 24 hours. However, a dramatic turn occurred on the BitMEX platform where Bitcoin's price plummeted to $8,900 from $64,000 before swiftly rebounding to near $67,000. This was attributed to a large-scale sale of over 850 BTC by a market whale. BitMEX is investigating this unusual activity, reassuring that user funds remain secure and unaffected in their derivatives market. #write2earn #trendingtopic #crypto #bitmex #bitcoin $BTC
Bitcoin falls for $8.9k in Bitmex

Bitcoin experienced a significant correction, losing nearly 7% of its market cap within 24 hours. However, a dramatic turn occurred on the BitMEX platform where Bitcoin's price plummeted to $8,900 from $64,000 before swiftly rebounding to near $67,000. This was attributed to a large-scale sale of over 850 BTC by a market whale. BitMEX is investigating this unusual activity, reassuring that user funds remain secure and unaffected in their derivatives market.

#write2earn #trendingtopic #crypto #bitmex #bitcoin
$BTC
🚨 #BitMEX fined an additional $100 million for violating the Bank Secrecy Act, according to the DOJ 🇺🇸
🚨 #BitMEX fined an additional $100 million for violating the Bank Secrecy Act, according to the DOJ 🇺🇸
🌍  Bitcoin to Hit $1M, Predicts BitMEX Founder! Arthur Hayes forecasts Bitcoin soaring to $1M within a year, driven by massive money printing and a shift to a new financial system, with the bull run lasting through 2027. #BitMEX #BTC☀
🌍  Bitcoin to Hit $1M, Predicts BitMEX Founder!
Arthur Hayes forecasts Bitcoin soaring to $1M within a year, driven by massive money printing and a shift to a new financial system, with the bull run lasting through 2027.
#BitMEX #BTC☀
See original
#SECCrypto2.0 Co-Founder of #BitMEX Arthur Hayes believes that Ethereum will reach $5000 before Solana reaches $300 and points to the strong developer ecosystem in Ethereum that may outperform SOL in the near term. $ETH
#SECCrypto2.0 Co-Founder of #BitMEX Arthur Hayes believes that Ethereum will reach $5000 before Solana reaches $300 and points to the strong developer ecosystem in Ethereum that may outperform SOL in the near term.
$ETH
🆓 Trump pardoned three co-founders of the BitMEX exchange — CNBC President Donald Trump pardoned Arthur Hayes, Benjamin Delo, and Samuel Reed — co-founders of the cryptocurrency exchange BitMEX. They had previously pleaded guilty to charges related to violations of the Bank Secrecy Act and money laundering. #TRUMP #BitMEX
🆓 Trump pardoned three co-founders of the BitMEX exchange — CNBC

President Donald Trump pardoned Arthur Hayes, Benjamin Delo, and Samuel Reed — co-founders of the cryptocurrency exchange BitMEX.

They had previously pleaded guilty to charges related to violations of the Bank Secrecy Act and money laundering.

#TRUMP #BitMEX
Trump Pardons BitMEX Founders: Justice or Favoritism? 💼⚖️ President Donald Trump has pardoned the co-founders of BitMEX, a cryptocurrency exchange previously fined for failing to implement anti-money laundering measures. This decision has ignited debates about potential favoritism and its implications for future regulatory actions in the crypto industry. A move that raises questions on whether justice was truly served or if this is another case of political influence shaping outcomes. Conclusion 💡 The crypto space is no stranger to controversy, and this move only adds fuel to the fire. How will this impact the future of crypto regulations? Let’s talk about it! 🔥 #BitMEX #CryptoJustice #CryptoRegulations #CryptoPolitics {spot}(BTCUSDT) {spot}(ETHUSDT) {spot}(XRPUSDT)
Trump Pardons BitMEX Founders: Justice or Favoritism? 💼⚖️

President Donald Trump has pardoned the co-founders of BitMEX, a cryptocurrency exchange previously fined for failing to implement anti-money laundering measures. This decision has ignited debates about potential favoritism and its implications for future regulatory actions in the crypto industry. A move that raises questions on whether justice was truly served or if this is another case of political influence shaping outcomes.

Conclusion 💡
The crypto space is no stranger to controversy, and this move only adds fuel to the fire. How will this impact the future of crypto regulations? Let’s talk about it! 🔥

#BitMEX #CryptoJustice #CryptoRegulations #CryptoPolitics

Bitcoin OG expects $700,000 BTC and $160000 Ethereum in this Valhalla cycle.The reason for this is the new US administration led by President Donald Trump. My model is simple. This administration wants a significant reduction in interest rates and will do everything it can to achieve that, he explains. Tax cuts are just around the corner. All of this will lead to massive injections of liquidity, whether through QE or other means. Mr. Bakhit is referring to a form of increased liquidity called quantitative easing (QE). Cyclical Valhalla is coming, he added in another post. QE is the most likely timeframe for such liquidity injections to begin. The base case assumes ETH/USD reaches $8,000 and SOL/USD reaches $900; the high end of range is ~2x these values, Barhydt added. Is it possible for BTC to fall 25%? #Bitcoin and #altcoins are often predicted to be higher this year while consolidation begins at the start of the Trump presidency. Various major global companies have set targets of $200,000 or more. and that number will only rise over the next decade. However, some believe that the first to be hit will be the chawlers. Arthur Hayes, former CEO of #cryptocurrency exchange #BitMEX , is one of them, and this week he warned that the new administration will not be a panacea for rising prices. The global community is quickly realizing that just because Trump was elected, U. S. policy hasn't changed much. We understand cryptocurrency prices will fall to levels seen in the fourth quarter of 2024, he wrote in his latest blog post My call for a bitcoin retest of $ 70000 - $ 75,000 remains valid. Read us at: [Compass Investments](https://www.binance.com/en/square/profile/compass_investments) #news

Bitcoin OG expects $700,000 BTC and $160000 Ethereum in this Valhalla cycle.

The reason for this is the new US administration led by President Donald Trump.

My model is simple. This administration wants a significant reduction in interest rates and will do everything it can to achieve that, he explains. Tax cuts are just around the corner. All of this will lead to massive injections of liquidity, whether through QE or other means.
Mr. Bakhit is referring to a form of increased liquidity called quantitative easing (QE). Cyclical Valhalla is coming, he added in another post. QE is the most likely timeframe for such liquidity injections to begin.
The base case assumes ETH/USD reaches $8,000 and SOL/USD reaches $900; the high end of
range is ~2x these values, Barhydt added.
Is it possible for BTC to fall 25%?
#Bitcoin and #altcoins are often predicted to be higher this year while consolidation begins at the start of the Trump presidency.
Various major global companies have set targets of $200,000 or more. and that number will only rise over the next decade.
However, some believe that the first to be hit will be the chawlers. Arthur Hayes, former CEO of #cryptocurrency exchange #BitMEX , is one of them, and this week he warned that the new administration will not be a panacea for rising prices.
The global community is quickly realizing that just because Trump was elected, U. S. policy hasn't changed much. We understand cryptocurrency prices will fall to levels seen in the fourth quarter of 2024, he wrote in his latest blog post
My call for a bitcoin retest of $ 70000 - $ 75,000 remains valid.
Read us at: Compass Investments
#news
Mysterious Bitcoin Whale's Massive Accumulation Sparks Speculation. 🪙🐋 In the dynamic world of cryptocurrency, a mysterious Bitcoin wallet has captured the attention of enthusiasts and experts alike. This enigmatic digital wallet surfaced with a staggering 12,071 BTC, equivalent to a jaw-dropping $531 million, within a mere 30-day span, as closely monitored by Arkham Intelligence. Birthed into existence on November 1, this wallet has been consistently receiving Bitcoin from various addresses, with the initial transactions traced back to the BitMEX exchange, adding an extra layer of intrigue to its origins. Speculation by Lark Davis: Lark Davis, the visionary founder of Wealth Mastery, speculates that institutional investors may be strategically positioning themselves ahead of a potential approval of a spot Bitcoin ETF. This speculation gains weight as the wallet's accumulation coincides with the SEC's engagements with notable players like Grayscale and BlackRock. SEC Engagement and ETF Approval Expectations: The recent formal engagements between the SEC and asset managers, as revealed in a memo, hint at a potential decision regarding the approval of a Bitcoin exchange-traded fund (ETF). Industry experts are optimistic about the launch of crypto ETFs in the U.S. early next year, creating a ripple of bullish sentiments. Insights from Grayscale's Chief Legal Officer: Grayscale's Chief Legal Officer, Craig, contributes to the positive momentum narrative in discussions between regulators and the cryptocurrency industry. He expresses confidence that spot Bitcoin ETFs are not a matter of "if" but "when," with key focal points for 2024 being ETF progress, the upcoming election, and ongoing legal matters enhancing regulatory clarity. Significance of ETF Approval: James Lavish, a crypto influencer, highlights ETF approval's crucial role in mainstream acceptance, framing Bitcoin as "digital gold." Despite regulatory doubts, he leans towards taxation as a more likely scenario. #BTC #whale #BITMEX #ETF #ARKHAM
Mysterious Bitcoin Whale's Massive Accumulation Sparks Speculation. 🪙🐋

In the dynamic world of cryptocurrency, a mysterious Bitcoin wallet has captured the attention of enthusiasts and experts alike. This enigmatic digital wallet surfaced with a staggering 12,071 BTC, equivalent to a jaw-dropping $531 million, within a mere 30-day span, as closely monitored by Arkham Intelligence.

Birthed into existence on November 1, this wallet has been consistently receiving Bitcoin from various addresses, with the initial transactions traced back to the BitMEX exchange, adding an extra layer of intrigue to its origins.

Speculation by Lark Davis:

Lark Davis, the visionary founder of Wealth Mastery, speculates that institutional investors may be strategically positioning themselves ahead of a potential approval of a spot Bitcoin ETF. This speculation gains weight as the wallet's accumulation coincides with the SEC's engagements with notable players like Grayscale and BlackRock.

SEC Engagement and ETF Approval Expectations:

The recent formal engagements between the SEC and asset managers, as revealed in a memo, hint at a potential decision regarding the approval of a Bitcoin exchange-traded fund (ETF). Industry experts are optimistic about the launch of crypto ETFs in the U.S. early next year, creating a ripple of bullish sentiments.

Insights from Grayscale's Chief Legal Officer:

Grayscale's Chief Legal Officer, Craig, contributes to the positive momentum narrative in discussions between regulators and the cryptocurrency industry. He expresses confidence that spot Bitcoin ETFs are not a matter of "if" but "when," with key focal points for 2024 being ETF progress, the upcoming election, and ongoing legal matters enhancing regulatory clarity.

Significance of ETF Approval:

James Lavish, a crypto influencer, highlights ETF approval's crucial role in mainstream acceptance, framing Bitcoin as "digital gold." Despite regulatory doubts, he leans towards taxation as a more likely scenario.

#BTC #whale #BITMEX #ETF #ARKHAM
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