The post Bitcoin Could Surge as AI Race and War Fuel Money Printing says Hayes appeared on BitcoinEthereumNews.com.
The ongoing war in Iran and the race to dominate the AI sector will result in money printing that could benefit the crypto ecosystem and push Bitcoin back to its all-time high this year, according to Arthur Hayes, the chief investment officer of crypto investment fund Maelstrom. In a Substack post on Tuesday, Hayes said the competition between US and China to win the AI race has led both to pursue looser financial conditions and more fiat printing as the technology “directly relates to national security.” “The combination of the political will to win the AI race and the financial will to fund the build-out with printed money and bank loans produces the perfect environment for crypto,” he said. Source: Arthur Hayes “There will be vastly more units of fiat tomorrow than today, and the rate of change is accelerating due to rapidly increasing yearly AI and electrification C
A DeFi advocacy group has warned about a list of proposed amendments to the long-awaited crypto market structure bill that threaten the sector’s developers and hinder innovation in the US. Related Reading: Bitcoin Rally At Risk: This Critical Resistance Could End BTC’s Bullish Run CLARITY Act Amendments Could Harm The DeFi Sector On Wednesday, the DeFi Education Fund (DEF) shared a list of 16 “anti-DeFi amendments” to the Senate Banking Committee’s crypto market structure bill, known as the CLARITY Act, ahead of its highly anticipated Thursday markup session. In an X post, the advocacy group warned that some of the recent amendments submitted for consideration could harm DeFi technology, users, and developers if they are implemented in the final text of the legislation. These amendments came from Democratic Senators Catherine Cortez Masto, Andy Kim, Chris Van Hollen, Elizabeth Warren, and Jack Reed, who collectively targeted core DeFi protections in the bill. Some of the most notable
The strong correlation between BETZ and Bitcoin highlights the interconnectedness of risk-on assets, impacting investment strategies and market predictions.
The post Roundhill Sports Betting & iGaming ETF shows strong correlation with Bitcoin appeared first on Crypto Briefing.
A crypto analyst has said that XRP’s current low price won’t remain the same forever. Despite also being a blue-chip cryptocurrency like Bitcoin and Ethereum, XRP is currently trading at a level where anyone can buy large amounts of tokens without significantly altering their personal finances. While buying one Bitcoin costs over $80,000 and one […]
The copper gold ratio has broken above its 200-day moving average for the first meaningful time since September 2020. The copper gold ratio is a closely watched macro signal measuring the relative strength of copper, an industrial metal tied to…
Blockchain analytics firm Arkham has built a public, searchable map of crypto wallets it links to Iran’s central bank — a move that puts Tehran’s alleged digital holdings in plain sight of investigators and anyone else curious enough to look. Related Reading: Trump Rejects Iran Peace Proposal — Bitcoin Breaks $82,000 How Iran Moves Money […]
Russia and Iran are accelerating their move away from the U.S. dollar and toward the Chinese yuan as Western sanctions and geopolitical pressures deepen, according to a new report. The Rise of the Petroyuan The global financial landscape is undergoing a tectonic shift as the conflict between the West and a growing coalition of sanctioned […]
Bitcoin’s short-term heatmap shows $2.46B stacked at $78.1K support. Open interest climbs as price compresses between $78K and $84.7K resistance. The short-term heatmap is telling a specific story. Bitcoin is not drifting. It is sitting between two walls. According to More Crypto Online on X, the largest support cluster on the short-term heatmap sits at […]
The post Bitcoin’s $78.1K Floor Is Holding $2.46B. Traders Are Watching. appeared first on Live Bitcoin News.
