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Arthur Hayes, the founder and former CEO of BitMEX, the giant in crypto derivatives, made a prediction that will make a big impact on Bitcoin (BTC) and altcoins. Hayes stated that the bull market, which is eagerly awaited and will strongly move the overall cryptocurrency market, will begin in early 2024 and will not be limited to cryptocurrencies only.
Hayes Draws Attention to Filecoin (FIL) with His Bull Market Prediction
Speaking at the Token2049 event held in Singapore, Arthur Hayes, the co-founder and former CEO of BitMEX, announced when the bull market, in which Bitcoin and altcoins will make their expected big breakthrough, will start. Hayes stated that he expects the bull market to begin in early 2024 for the cryptocurrency market.
Hayes expects the impact of the predicted bull market not to be limited to cryptocurrencies only, but also to see significant gains in other risky assets. A name closely followed by the crypto world, he also believes that artificial intelligence creates important opportunities for decentralized storage and that Filecoin (FIL) is open to great development.
Who is Arthur Hayes?
Arthur Hayes is a well-known figure in the cryptocurrency world. Born on August 29, 1985, Hayes is an American businessman and cryptocurrency entrepreneur. He is best known for BitMEX, a cryptocurrency exchange.
BitMEX is a platform where derivative products such as futures and swap contracts are offered for cryptocurrency trading. Hayes, along with Samuel Reed, co-founded BitMEX and served as CEO of the cryptocurrency exchange for a period of time.
BitMEX is known for offering high leverage trading and increasing liquidity for cryptocurrency derivatives. However, the cryptocurrency exchange also comes with high risks. Hayes played a leading role in the rapid growth of BitMEX and made the platform an important choice for many people trading cryptocurrencies. Following lawsuits filed in the United States, Hayes was forced to resign as CEO in 2020.
