The post Arthur Hayes Comments on Bitcoin: No Reserves, No Buying – A Long-Term Bullish Outlook appeared on BitcoinEthereumNews.com.

On March 3rd, Arthur Hayes, a prominent figure in the cryptocurrency market, expressed his views on “Cryptocurrency Reserves” via social media. He emphasized that the current discussions surrounding crypto reserves lack novelty and are merely speculative without tangible actions. Hayes asserted that substantial progress will only occur when the congressional working group secures approval to borrow funds or to readjust the valuation of gold. Until such measures are implemented, the capacity to invest in Bitcoin and other altcoins remains limited. Despite his reservations about the present market dynamics, Hayes maintained a long-term bullish outlook on the cryptocurrency sector. However, he advised against purchasing at current market levels, indicating a cautious approach amidst ongoing volatility. Investors are advised to stay informed on regulatory developments, as these could significantly impact liquidity and investment strategies in the crypto landscape going forward. Source: https://en.coinotag.com/breakingnews/arthur-hayes-comments-on-bitcoin-no-reserves-no-buying-a-long-term-bullish-outlook/

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Filed under: News - @ March 3, 2025 1:26 am