CONNECT recap: Arthur Hayes on money printing, Wall Street moves onchain
At CONNECT Seoul, Arthur Hayes discussed money printing as speakers examined Wall Street’s onchain expansion, stablecoin yield and crypto treasury risks.
The recent CONNECT Seoul event featured insightful discussions on various aspects of the cryptocurrency market, with a particular focus on the potential impact of money printing by U.S. policymakers. Arthur Hayes, chief investment officer at Maelstrom Fund, highlighted the possibility of cryptocurrency prices being boosted by increased money supply aimed at supporting AI initiatives and managing government debt.
Speakers at the event also delved into the onchain activities of Wall Street, exploring how traditional financial institutions are increasingly integrating blockchain technology. The discussion covered the expansion of onchain operations, the yield potential of stablecoins, and the risks associated with crypto treasuries. These insights provide a comprehensive view of the current trends and future outlook for the cryptocurrency market.
Original Source
Read the original article from Cointelegraph
Recommended Articles
Qivalis wins Dutch EMI license, but MiCA rules block launch
The company says issuance is planned in the coming months, subject to MiCA requirements and white-paper publication. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Tether paid millions to Bo Hines’ firm while he worked at the White House
The scrutiny over Hines' dual roles may undermine trust in stablecoin regulations and impact Tether's US market expansion efforts. The post Tether paid millions to Bo Hines’ firm while he worked at the White House appeared first on Crypto Briefing.
Nearly $1 billion in crypto bets liquidated as bitcoin, ether and XRP slide
Nearly $1 billion in crypto bets liquidated as bitcoin, ether and XRP slide Ether accounted for nearly 60% of the forced closures across the two largest cryptocurrencies, falling roughly twice as much as bitcoin. - Nearly $483 million in bitcoin and ether fut…