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President Donald Trump has changed the course of the markets by levying heavy tariffs on nations, which is now compelling the nations to de-dollarize. By de-dollarizing or exploring de-dollarization, nations like China have already issued commands to reduce US purchases, ushering in reduced dollar dependency narratives. This instance is not new, as the world is now increasingly pivoting to a new financial order where local currencies lead the way, all while trying to jeopardize the dollar’s reserve asset stance. As the US dollar continues to weaken, here’s what BitMEX’s Arthur Hayes has to say about the US dollar and its future. Also Read: Trade War Begins: 3 Things Investors & Entrepreneurs Need To Know Arthur Hayes Speaks About The US Dollar Source: Medium Former BitMEX CEO Arthur Hayes has shared his new statement about the changing narratives concerning the US dollar. In a recent X post, Hayes states how he believes it’s the end of US treasuries and US stocks...

BitMEX co-founder Arthur Hayes says that Donald Trump’s tariffs are good for Bitcoin (BTC) because the government will offset the economic pain they cause by printing money. “Some of y’all are running scurred, but I LOVE TARIFFS,” he said i n an April 3 thread on X. ” Global imbalances will be corrected, and the pain papered over with printed money, which is good for $BTC .” Arthur Hayes Tells Traders And Investors To Be Patient Investors just need to be patient, said Hayes, as governments across the globe start to print more money, subsequently introducing more liquidity that could flow into the crypto market. The BitMEX co-founder noted that the US dollar is weakening while offshore investors sell US tech stocks. He believes that this could benefit BTC and gold over the medium term. The $ is weakening alongside foreigners selling US tech stocks and bringing money home. This is good for $BTC and gold over medium term. pic.twitter.com/XzRcxOaJ...

Arthur Hayes says Bitcoin likely bottomed at $77K, XRP jumped after the SEC dropped its appeal against Ripple, and Donald Trump urged the Fed to cut interest rates. In a March 20 X post , BitMEX co-founder Hayes predicted that quantitative tightening will be “basically over” by April 1. “The next thing we need to get bulled up for realz is either SLR exemption and or a restart of QE,” he added. XRP Rallies After Ripple SEC Case Ends The BitMEX co-founder’s remarks come as XRP rallied over the past 24 hours. This was after the long-standing case between the Securities and Exchange Commission  and Ripple Labs, the company behind XRP, ended.  Ripple CEO Brad Garlinghouse shared the development in an X post yesterday. He said that the regulator dropped its appeal against a ruling that said XRP is not a security when sold on the retail market.  This is it – the moment we’ve been waiting for. The SEC will drop its appeal – ...

Arthur Hayes’ family office fund has unloaded a huge chunk of its position in the decentralized finance (DeFi) altcoin Pendle (PENDLE). Hayes sold 1.59 million PENDLE for $5.62 million at an average price of $3.52 over a two-day period, resulting in a loss of $1.29 million, according to the crypto tracker Lookonchain. Lookonchain also notes that the price of PENDLE surged by 24% after his sell-off. Less than two weeks ago, Hayes, who has served as an advisor to Pendle, predicted on the social media platform X that the asset would surge to $10. On Saturday, the BitMEX co-founder acknowledged his family office fund, Maelstrom, was reducing its PENDLE position, hinting at another investment in the future. “Even after the reduction, it is still one of our largest positions. We still fully believe that PENDLE will be the leader in crypto interest rate derivatives. And we plan to profit off of their success. We have reduced our position to fund a special ...