What's up, folks! Are you ready for something serious cooking in the crypto world? 🔥 It turns out that Arthur Hayes, the guy who co-founded BitMEX, has made a prediction that left us speechless! 😮 He says, without mincing words, that Ethereum (ETH) could reach 10,000 dollars in this very market cycle. Yes, you heard right, TEN THOUSAND GREEN BILLS for one ETH! 🤑 If that happens, it would be a new historical record for this crypto. Just imagine that!

This bombshell announcement from Hayes comes just when the atmosphere in the cryptocurrency market is hotter than ever, there is an optimism that is rising like foam! 📈 And watch out, the price of ETH is already dancing to the rhythm of that optimism, it has already surpassed the mark of 2,800 dollars! Pure fire! 🔥

The very Arthur Hayes, with all the flow, wrote on his X account (formerly Twitter): "Get up, Chikun, it's time…$ETH = 10,000 $. Yachtzee". 🛥️ And he not only dropped the phrase but also included a chart of Ethereum showing the first signs that this is going up! Although the message seems playful, the chart doesn’t lie and indicates that ETH is going to have super positive results! That chart shows us the ETH/BTC pair and it seems to be breaking a downward trend that lasted two years! 🥳 This means that people have more faith in Hayes' prediction, and that is often a sign that the value is going to grow a lot!

If Ethereum continues this recovery, the price could go up to the mark of 0.055 BTC, which means its value would double, or more, from where it is now! Crazy! 🤩 And Hayes, to keep everyone calm, clarified that neither he nor the market is in panic, responding to the question of whether public debt would drop prices in the short term. The guy is calm and confident! 😎

Heads up! This is not the first time Hayes has made such a bold prediction for Ethereum. Back in March of this year, he had already said that ETH would rise to 5,000 dollars! 🚀 And at that time, ETH was at 2,100, so the guy knows what he's talking about!

Meanwhile, Ethereum has shown a clean breakout on its price chart. It reached a high of 3,028 dollars in the early hours of Friday in the United States! That means the bulls are taking control! 🐂 At the time of writing this, ETH was around 2,984 dollars, a 7% increase in just 24 hours! A tremendous surge! 🚀

And it doesn't stop there, there's more gossip! In another achievement that leaves us speechless, Ethereum (ETH) surpassed Bitcoin (BTC) in 24-hour futures volume! 🤯 According to Glassnode, the futures volume of ETH skyrocketed to 62.1 billion dollars, leaving behind Bitcoin's 61.7 billion! This is rare to see and tells us that traders are changing their tune and betting big on ETH, expecting its price to keep rising! 🚀

This shift in traders' appetite towards ETH goes hand in hand with an increase in open interest. CoinGlass data shows that open interest for ETH grew by 8.2% in the last 24 hours, reaching 40.53 billion dollars! An astonishing figure! This boom is also happening alongside the increase in demand for the famous ETFs, ETH whales, and corporate buyers. Everyone wants their piece of Ethereum! 🐳💰

And why is everyone talking about ETH? 🗣️

The debates about Ethereum are hotter than the Caribbean summer, all thanks to the good news coming from its ecosystem! 🎉

First, Ethereum is attracting the big players, the institutional big fish! 🏢 Institutional investments in ETH Exchange-Traded Funds (ETFs) have been stronger than ever last week. That’s pure confidence! 💪

Moreover, Wall Street giants like BlackRock and Franklin Templeton have created tokenized funds using the Ethereum network. That's like putting a stamp of quality on the platform! 🤩 And not only that, Wall Street companies are turning to ETH! Bit Digital, for example, even closed its Bitcoin mining business to fully focus on Ethereum's staking and treasury operations! Just imagine the change! 🤯

Also, Sharplink Gaming added ETH to their corporate treasuries, following the trend that was already seen with Bitcoin! At the beginning of July, this company had more than 205,634 ETH, and between June 28 and July 4, they bought 7,689 ETH more! They are going all in! 🤑

And to top it off, the Layer 2 (L2) ecosystem of Ethereum has grown tremendously. L2s like Base, Optimism, and Arbitrum are designed to make the network faster and cheaper! 💨 This helps decentralized finance (DeFi) applications, games, and tokenized assets to be used more, boosting the usage of the network!

In summary, my people, the chain metrics are strong, institutions are adopting Ethereum like crazy, the wallet experience is better, and the scalability of L2s is a big win! ⚽ All of this gives us reasons to believe that Arthur Hayes' prediction about the price of Ethereum could come true this year! So stay alert and keep an eye on this thing! 👀