Hayes with a chart forming a dip

BitMEX Founder Arthur Hayes Bets on Bitcoin Dip, Dumps Solana and Bonk

BitMEX co-founder Arthur Hayes has made a splash in the crypto world with his recent investment moves. Hayes believes that Bitcoin is headed for a dip and has placed a bearish bet by purchasing puts expiring in March 2024 that profit if the price falls below $35,000. To free up capital for this bet, he sold his holdings in Solana and Bonk at a slight loss. If his prediction holds true, Hayes plans to “bottom fish” for undervalued buying opportunities.

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Banner written: Binance BTC/USDT contract baloons to $420,000

Binance BTC/USDT Contract Briefly Balloons to $420,000

Trading chaos erupted on Binance as the price of its Bitcoin/USDT contract inexplicably surged to $420,000 multiple times, raising concerns about platform stability and sparking confusion among traders.

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