• Home
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • More
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Book
    • Bitcoin Miner
    • Bitcoin Standard
    • Bitcoin Miner Machine
    • Bitcoin Merch
    • Bitcoin Wallet
    • Bitcoin Shirt
No Result
View All Result
Card Bitcoin
Shop
Card Bitcoin
No Result
View All Result
Home Altcoin

BitMEX Founder Arthur Hayes Says He’s Bullish on These Three Crypto Plays for the Bull Market

n70products by n70products
March 20, 2024
in Altcoin
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


BitMEX founder Arthur Hayes is popping bullish on three crypto tasks throughout the present bull market cycle.

In a brand new interview with Pomp Investments founder Anthony Pompliano, Hayes says the decentralized finance (DeFi) undertaking Pendle (PENDLE), which permits customers to tokenize and promote future yields, has loads of upside potential because it innovates within the rate of interest area.

“If we wish to have a farm-to-table use of Bitcoin, Ethereum or no matter cryptos we want rates of interest to borrow and lend amongst the ecosystem. So we’re beginning to see that. Pendle is pioneering that. They’ve created some enjoyable issues with the power to separate out a hard and fast yield and buying and selling yields on factors allocations for sure protocols…

They’re going to be popping out with their model of a leverage rate of interest swap… I feel Pendle might change into the most important change for derivatives in your complete area, whether or not centralized or decentralized, in the event that they’re actually capable of take down this rate of interest narrative and construct the native yield curves throughout the ecosystem for Bitcoin, Ethereum and the opposite shitcoins.”

Pendle is buying and selling for $2.52 at time of writing, down 2.5% within the final 24 hours.

Subsequent up, the dealer says he’s additionally bullish on peer-to-peer file storage community Filecoin (FIL) for its potential use by synthetic intelligence (AI) corporations as a method to retailer knowledge.

“Filecoin: clearly the AI narrative, it’s nonetheless going. And also you’re seeing all this power within the conventional inventory markets of all these AI corporations… I feel we’re simply getting began on this AI bubble… Clearly, AI-training fashions are very data-intensive.”

Filecoin is buying and selling for $8.24 at time of writing, down greater than 7% within the final 24 hours.

Lastly, the dealer is bullish on Bitcoin (BTC) ordinals. Bitcoin ordinals enable customers to inscribe digital knowledge akin to photos and movies to a single satoshi, or a person unit of BTC, to create the equal of non-fungible tokens (NFTs) on the crypto king’s community.

“I feel that ordinals are going to be huge this cycle and we’re going to see some new methods of launching inventive creations instantly on the Bitcoin blockchain that’s going to be totally different than what you’ve seen.”

 

Do not Miss a Beat – Subscribe to get electronic mail alerts delivered on to your inbox

Examine Price Action

Observe us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp

Get Alerts

Disclaimer: Opinions expressed at The Every day Hodl should not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal threat, and any loses you might incur are your duty. The Every day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital property, neither is The Every day Hodl an funding advisor. Please observe that The Every day Hodl participates in affiliate internet marketing.

Generated Picture: DALLE3





Source link

Tags: ArthurBitMEXBullBullishCryptoFounderHayesHesMarketPlays
Previous Post

Peter Schiff Questions True Agenda Behind MicroStrategy’s Bitcoin Acquisition

Next Post

Building for operational resilience in the age of AI and hybrid cloud

Next Post

Building for operational resilience in the age of AI and hybrid cloud

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Product categories

  • Bitcoin Book
  • Bitcoin Coin
  • Bitcoin Hat
  • Bitcoin Merch
  • Bitcoin Miner
  • Bitcoin Miner Machine
  • Bitcoin Shirt
  • Bitcoin Standard
  • Bitcoin Wallet
  • Products
  • Uncategorized

Related News

Why Buying Bitcoin Now Is Better Than Later As BTC Price Consolidates Within Falling Wedge

Why Buying Bitcoin Now Is Better Than Later As BTC Price Consolidates Within Falling Wedge

April 2, 2025
Binance Adds Support for New Bitcoin (BTC) Staking Protocol Babylon (BABY)

Binance Adds Support for New Bitcoin (BTC) Staking Protocol Babylon (BABY)

April 11, 2025
Trader Says Altcoin That’s Up Over 18,000% Year-to-Date ‘Looks Incredibly Strong,’ Updates Outlook on Bitcoin

Trader Says Altcoin That’s Up Over 18,000% Year-to-Date ‘Looks Incredibly Strong,’ Updates Outlook on Bitcoin

October 6, 2024

Recents

Cronos Defies Crypto Market Downtick on Friday As Asset Manager Canary Capital Files for CRO ETF

Cronos Defies Crypto Market Downtick on Friday As Asset Manager Canary Capital Files for CRO ETF

June 1, 2025
US opens door to retirement savers purchasing crypto tokens

US opens door to retirement savers purchasing crypto tokens

June 1, 2025
Vive le Bitcoin! French Football Giant Embraces BTC as Treasury Reserve

Vive le Bitcoin! French Football Giant Embraces BTC as Treasury Reserve

June 1, 2025

CATEGORIES

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

BROWSE BY TAG

Altcoin ALTCOINS Analyst Binance Bitcoin Bitcoins Blog Breakout BTC Bullish Bulls Coinbase Crash Crypto DOGE Dogecoin ETF ETH Ethereum Foundation Heres high hits Key Level Major Market Memecoin Move Outlook Predicts Price Rally Report SEC Solana Support Surge Target Top Trader Trump Updates Whales XRP

© 2024 Card Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • More
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Book
    • Bitcoin Miner
    • Bitcoin Standard
    • Bitcoin Miner Machine
    • Bitcoin Merch
    • Bitcoin Wallet
    • Bitcoin Shirt

© 2024 Card Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version