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Former BitMEX CEO Arthur Hayes predicts 'coming crypto carnage | Crypto Futures Trading

Former BitMEX CEO Arthur Hayes predicts 'coming crypto carnage'

BitMEX
co-founder and former CEO Arthur Hayes said the ailing state of global stock markets might lead to a crypto crash in the second quarter — and he’s buying put options as protection.

In his latest blog post today, the former investment banker claims crypto is moving in tandem with US technology stocks and Russia’s invasion of Ukraine will damage them both. While he remains bullish on crypto prices over the long term, he puts forward the view that they’re standing on the precipice of a “calamitous outcome.”

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