Editor's Pick

Arthur Hayes Flags High Downside Risk in Tether’s Shift Toward Bitcoin and Gold Reserves

BitMEX co-founder Arthur Hayes said Tether is preparing for a coming Federal Reserve rate-cut cycle by shifting more reserves into Bitcoin and gold. He pointed to the firm’s latest attestation, which shows a reduced focus on Treasury-driven returns and a stronger tilt toward alternative assets that may gain in a lower-rate environment. Hayes Warns of

The post Arthur Hayes Flags High Downside Risk in Tether’s Shift Toward Bitcoin and Gold Reserves appeared first on CoinGape.

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *