What have crypto industry players been discussing lately?
2 min readFeb 7, 2025
- BitMEX co-founder Arthur Hayes is confident that the U.S., China, and other countries will flood the market with their funds, driving Bitcoin to a new all-time high. Governments will decrease the real amount of the international debt by issuing new funds, which will lower the purchasing power of money and drive investors to turn to BTC and gold. According to Hayes, Donald Trump and his team want to restructure the global financial system for the benefit of the USA. But it will require printing heaps of money and “destroying the real value of government bonds.” China needs to reanimate its real-estate market, which requires issuing more yuan. Japan will also have to get their printing machine working. All of this will eventually drive Bitcoin to a new all-time high.
- According to analyst Ali Martinez, if Ethereum manages to stay above $2,500, its price can “rebound toward $4,000 or even $6,000.” The expert says that if ETH falls below $2,500, its next target is $1,700. Martinez believes that it is not that important whether the digital asset is inflationary or deflationary. The biggest question is whether the second-largest coin by market cap can stay at the above-mentioned level, where over 12 million wallets hold about 63 million ETH.
- U.S. banks no longer intend to stay outside the digital asset market. The U.S. administration prevented bank system players from working with crypto projects for quite a long time, but now, financial institutions can get approval for providing crypto-related services. Earlier, the Bank Policy Institute said banks are “ideal vehicles for exploring the benefits of new technology like blockchain.” Americans for Financial Reform Senior Vice President Mark Hayes highlighted the industry was collaborating with policy-makers to eliminate the barriers in the system that stood between banks and crypto.
