The post Ethereum Price Braces for FOMC Volatility as Leverage Peaks and Whale Accumulate appeared first on Coinpedia Fintech News

Ethereum price is entering a high-risk, high-impact phase as traders brace for today’s FOMC decision, with price compressed at a key structural zone and on-chain leverage sitting at record levels. While the market broadly expects the Federal Reserve to hold rates steady, uncertainty around Jerome Powell’s forward guidance has pushed ETH into a volatility-sensitive setup, one where positioning matters more than direction. That dilemma sets the stage for a decisive move.

On-Chain Data Flags Elevated Volatility Risk

On-chain data shows that Ethereum’s Estimated Leverage Ratio on Binance is sitting at an all-time high, with the 7-day simple moving average rising to 0.632. In practical terms, this means a growing share of open positions is being funded through derivatives rather than spot buying, a setup that historically increases volatility rather than trend stability.

At the same time, the Taker Buy/Sell Ratio is flashing warning signs. On January 25, the ratio plunged to 0.86, its lowest reading since September, indicating dominant market sell pressure from aggressive traders. Within days, that same metric rebounded sharply to 1.16, the highest daily reading since February 2021, signaling a sudden surge in aggressive market buying.

This kind of rapid flip in taker behavior is critical. It shows that traders are reacting emotionally rather than positioning with conviction, a hallmark of unstable market structure. When leverage is elevated and order-flow direction changes abruptly, price tends to move violently as liquidations amplify both upside and downside moves. Crucially, this behavior is unfolding while Ethereum is consolidating near the $2,800 support zone, after failing to reclaim its previous all-time high near $4,800. 

Until the market establishes clear directional dominance, Ethereum remains highly sensitive to external triggers, with liquidation cascades becoming a real risk rather than a tail scenario.

Whale Accumulation Counters Leverage Risk

Despite elevated leverage,large-scale accumulation remains active beneath the surface. Recent data shows that Bitmine Immersion Technologies significantly increased its Ethereum exposure, lifting total holdings to roughly 4.2 million ETH, alongside total crypto and cash reserves of approximately $12.8 billion. This level of accumulation reflects institutional-scale conviction rather than short-term speculation.

Historically, such accumulation phases tend to align with long-term positioning rather than tactical trades, offering a stabilizing counterbalance to speculative leverage in derivatives markets. This divergence of leveraged traders chasing short-term moves while institutions accumulate quietly often precedes decisive trend resolution.

Ethereum Price Structure Signals a Pivotal Moment

Ethereum’s price chart structure remains technically constructive, but fragile. For months, ETH continued to respect its rising trend structure, with repeated successful defenses above the 200-week moving averages. Each major pullback into this zone has attracted strong demand, forming higher high and higher lows across multiple cycles.

Currently, ETH price is now compressing against a well-defined resistance band that has capped upside attempts in recent months. A clean break above the $3300 hurdle would confirm structural continuation, opening the path toward $3500 followed by $4000 ahead. On the other hand, a dip below $2700 may lead to retesting $2500 in the short-term.

Final Thoughts

With markets pricing a rate pause, Ethereum’s reaction will hinge on Powell’s tone rather than the decision itself. Any hint of extended tightness could pressure leveraged longs and trigger downside volatility. Conversely, even modestly dovish language may force rapid short covering, accelerating upside momentum.

The post South Korea Nears Landmark Crypto Regulation With Digital Asset Basic Act appeared first on Coinpedia Fintech News

South Korea is gearing up to pass its first major crypto law. The ruling Democratic Party has finalized the “Digital Asset Basic Act” and plans to submit it before the Lunar New Year holiday.

The bill sets capital requirements for stablecoin issuers and splits crypto businesses into eight regulated categories.

The Democratic Party’s Digital Asset Task Force met at the National Assembly on Tuesday to lock in key details.

Rep. Ahn Do-geol, task force secretary, said in a press briefing, “We agreed to set the legal capital requirement for stablecoin issuers at least 5 billion won.”

That’s roughly $3.5 million, matching the current capital rules for electronic money businesses under South Korea’s Electronic Financial Transactions Act.

However, lawmakers indicated that final figures will be coordinated further with government authorities before the bill is formally submitted.

Crypto Businesses Split Into 8 Categories

The law groups digital asset businesses into eight types, including wallet services. Two to three high-risk categories will need authorization from financial regulators. The rest only need to register.

TF Chairman Lee Jung-moon said, “We organized eight business categories considering the characteristics of the digital asset market, including wallet services, in addition to the five business types under the Capital Markets Act.”

Virtual Asset Committee In Focus

A new government body called the “Virtual Asset Committee” will oversee crisis response. The Financial Services Commission chairman will lead it. Members include the Bank of Korea deputy governor and vice ministers from the finance and science ministries.

The committee will step in when hacks or system failures hit the market.

.article-inside-link {
margin-left: 0 !important;
border: 1px solid #0052CC4D;
border-left: 0;
border-right: 0;
padding: 10px 0;
text-align: left;
}

.entry ul.article-inside-link li {
font-size: 14px;
line-height: 21px;
font-weight: 600;
list-style-type: none;
margin-bottom: 0;
display: inline-block;
}

.entry ul.article-inside-link li:last-child {
display: none;
}

• Also Read :
•   South Korea to Allow Corporate Crypto Investments After 8 Years
•   ,

Topics Still in Dispute

Not everything is settled. Lawmakers are still debating who can issue won-denominated stablecoins and whether to cap exchange ownership at 15-20% for major shareholders.

Rep. Ahn said the task force needs “one to two weeks to coordinate with the government” before submitting the final bill.

If passed, South Korea’s Digital Asset Basic Act could set the tone for how Asia regulates crypto in 2026.

FAQs

The post XRP Price Prediction 2026: 21Shares Sets $2.69 Bull Case, Warns of Key Risks appeared first on Coinpedia Fintech News

Crypto asset manager 21Shares released its XRP 2026 outlook, projecting a base case target of $2.45, a bull case of $2.69, and a bear case of $1.60 if adoption slows.

The predictions follow a historic run for XRP spot ETFs in the United States.

According to 21Shares, XRP ETFs have pulled in over $1.3 billion in assets under management in their first month. The funds also recorded a 55-day streak of consecutive inflows, breaking all previous records across any asset class.

Why These Inflows Matter More for XRP

At launch, XRP’s market cap was around $113 billion. That’s roughly one-eighth of Bitcoin’s $845 billion valuation when its own ETFs went live.

21Shares pointed out that Bitcoin needed $3 billion in its first month to start moving. XRP has attracted comparable capital with a much smaller float. The result: inflows carry more weight.

On the supply side, exchange reserves have fallen to a seven-year low of 1.7 billion XRP. Institutional buying through ETFs is now running into a retail base that isn’t selling.

.article-inside-link {
margin-left: 0 !important;
border: 1px solid #0052CC4D;
border-left: 0;
border-right: 0;
padding: 10px 0;
text-align: left;
}

.entry ul.article-inside-link li {
font-size: 14px;
line-height: 21px;
font-weight: 600;
list-style-type: none;
margin-bottom: 0;
display: inline-block;
}

.entry ul.article-inside-link li:last-child {
display: none;
}

• Also Read :
•   XRP News Today: Ripple Reaffirms XRP’s Central Role as Institutional Demand Grows
•   ,

RLUSD Stablecoin Gains Ground

21Shares also highlighted Ripple’s RLUSD stablecoin as a key growth driver.

RLUSD’s market cap jumped over 1,800% in under a year, rising from $72 million to $1.38 billion. The stablecoin now has more than 37,000 holders.

For comparison, Circle’s USDC grew 269% in its first year.

Risks to Watch

The outlook flagged several concerns. ETF inflows could slow or reverse if sentiment shifts. The XRP Ledger also faces competition from Solana, Canton, and other networks targeting real-world asset tokenization.

21Shares warned of a potential “sell the news” scenario if real utility doesn’t show up now that the SEC case is resolved.

XRP is currently trading at $1.93, up 2.31% over the last 24 hours.

FAQs

The post Ethereum Trades Sideways While Supply Dynamics Evolve—Here’s What’s Next for ETH Price appeared first on Coinpedia Fintech News

Ethereum’s price action has turned quiet again. After recent volatility, ETH has slipped back into consolidation, frustrating traders looking for follow-through in either direction. Yet despite the lack of momentum, price behavior itself is beginning to tell a more constructive story.

Rather than extending lower, Ethereum continues to hold a crucial support zone, even after briefly slipping below short-term moving averages. This kind of price behavior often signals stabilization, not weakness, especially when downside attempts fail to attract sustained selling pressure.

So what’s next for the ETH price? When will it break the resistance and rise above $3500?

Ethereum Price is Holding, Not Broken

On higher timeframes, Ethereum has managed to defend an area that previously acted as demand during prior pullbacks. While ETH has not reclaimed aggressive resistance levels yet, it has also avoided a deeper breakdown, suggesting sellers are struggling to push the price meaningfully lower.

This is reinforced by Ethereum’s performance relative to Bitcoin, as shared by popular analyst Michael van de Poppe.  After briefly dipping below short-term momentum levels, ETH/BTC failed to sustain trade below ~0.052 BTC, quickly reclaiming that zone and compressing back into its prior range. ETH/BTC is not printing lower lows. Instead, price is consolidating above a defended support band, signaling that selling pressure is being absorbed rather than extended.

Supply Dynamics Largely Evolving as Price Remains Choppy

The weakening downside in ETH/BTC aligns with broader Ethereum supply dynamics. Ethereum’s active wallet count has reached a record 175.5 million, with 5.16 million new wallets added in 2026 alone, pointing to expanding participation even as the relative price remains compressed. At the same time, liquid ETH supply continues to decline. More ETH is moving into staking and long-term holdings, reducing the amount of supply that can rotate quickly back into Bitcoin during periods of uncertainty.

Large treasury accumulation reinforces this trend. BitMine Immersion now holds approximately 4.24 million ETH, or about 3.52% of the total Ethereum supply, after adding 40,302 ETH in a single day. This type of accumulation is insensitive to short-term ETH/BTC fluctuations and removes supply from active rotation.

Together, these factors help explain why ETH/BTC has struggled to break down meaningfully. With less ETH available to rotate and increasing long-duration holding, downside continuation against Bitcoin is losing strength, even without a decisive upside breakout.

Institutional Absorption Adds Another Layer

One of the clearest contributors to ETH’s tightening supply comes from BitMine Immersion’s treasury accumulation. The firm now holds approximately 4.24 million ETH, after adding 40,302 ETH in a single day, bringing its total exposure to roughly 3.52% of Ethereum’s circulating supply.

This is not tactical positioning. At current prices, BitMine’s ETH holdings represent a multi-billion-dollar balance-sheet allocation, accumulated without waiting for upside momentum or breakout confirmation. In short, Ethereum is not on exchanges, is not rotating against Bitcoin and is not responding to short-term volatility. 

When combined with declining exchange balances and rising staking participation, BitMine’s accumulation reinforces a key price dynamic: Ethereum’s relative supply is shrinking at current ETH/BTC levels, even as price remains compressed.

What This Means for Ethereum’s Next Move

Ethereum’s price has remained stable because selling pressure is easing while long-term supply continues to tighten. Exchange balances are falling, staking participation is rising, and active wallets have reached 175.5 million, showing broader ownership even as price stays range-bound. At the same time, large holders such as BitMine Immersion have absorbed significant supply, now holding over 4.2 million ETH, reducing the amount available for quick selling.

These dynamics explain why Ethereum has struggled to move lower despite recent volatility. While immediate upside may remain limited, renewed demand could meet a tighter market. In that case, ETH could test $3,450–$3,500, with a stronger move opening the path toward $3,700–$3,800. Downside risk increases only if ETH slips below $3,250.

The post UK Regulator Bans Coinbase Ads Over Misleading Crypto Claims appeared first on Coinpedia Fintech News

The UK’s Advertising Standards Authority has banned Coinbase’s “Everything Is Fine” ad campaign for suggesting that cryptocurrency could help ease the cost-of-living crisis without clearly explaining the risks. The ads used satirical videos and posters to highlight economic stress, which regulators said could mislead people into seeing high-risk crypto as a simple solution. Coinbase said the campaign was meant to criticize the financial system, but agreed to comply with the ruling and follow UK advertising rules.

The post Bitwise Files Delaware Trust for Potential Uniswap ETF Amid Shifting SEC Stance appeared first on Coinpedia Fintech News

Asset management firm Bitwise has registered a Delaware statutory trust under the name Bitwise Uniswap ETF, signaling early preparation for a potential exchange-traded fund linked to the Uniswap protocol. The state-level filing creates a legal vehicle that could later be used for a federal ETF application, though no submission has been made to the U.S. SEC so far.

Such trust registrations are a common procedural move in the ETF industry and are often filed months, or even years, before any formal SEC review begins. In many cases, these entities remain dormant, serving only as optionality should market or regulatory conditions improve.

Regulatory Backdrop Shifts After SEC Probe Closure

Bitwise’s move comes nearly a year after the SEC closed its investigation into Uniswap Labs in February 2025. The probe had examined whether activity tied to the decentralized exchange violated U.S. securities laws, forming part of the regulator’s broader enforcement push into decentralized finance.

With that case now resolved, analysts say the regulatory discussion has shifted away from legality and toward market structure, liquidity, and execution quality. Any ETF tied to a decentralized protocol like Uniswap would need to demonstrate reliable pricing mechanisms, sufficient trading depth, and monitoring frameworks that satisfy regulatory expectations.

Structural and Governance Challenges Remain

Despite being one of the most liquid decentralized exchanges, Uniswap faces ongoing structural questions. Trading activity is spread across multiple pools, complicating price discovery and oversight. Governance has also become a growing point of contention within the community.

Concerns escalated after Uniswap Labs launched Unichain without prior DAO approval. This was followed by the UNIfication governance vote in late December 2025, which merged the Uniswap Foundation into Uniswap Labs. While the proposal passed, critics argue the move weakened DAO independence and shifted control closer to the core development team.

UNI Price Under Pressure, But Activity Holds Up

These governance debates are unfolding against a backdrop of weak market performance for UNI. The token is currently trading near $4.78, down roughly 60% over the past year, with its market capitalization falling by more than $4.1 billion. As a result, UNI has slipped to around 32nd among the largest crypto assets.

However, network activity remains strong. Uniswap processed approximately $859 million in trading volume over the past 24 hours, and Token Terminal data shows the protocol handled nearly $1 trillion in volume over the past year.

Sentiment Signals a Potential Reversal

Interestingly, sentiment data suggests UNI may be nearing a short-term inflection point. Analytics firm Santiment recently highlighted unusually high negative commentary around the token compared to other altcoins, a pattern that has historically preceded short-term rebounds as retail selling pressure fades.

For now, Bitwise’s filing adds another layer of intrigue, positioning Uniswap at the intersection of institutional interest, governance debate, and shifting regulatory priorities.

The post Hyperliquid (HYPE) Price Extends Rally as Silver Futures Trigger Volume Shock  appeared first on Coinpedia Fintech News

Hyperliquid (HYPE) is extending its upward rally for a third straight session, rising over 25% today, as capital continues to rotate into Hyperliquid, driven by an unexpected surge in commodity-based trading. While the broader crypto market remains selective, HYPE’s rapid rally into commodity perpetuals, particularly Silver, has reshaped short-term demand for the HYPE token.

Silver Perpetuals Push Hyperliquid Volume Past $1B

The immediate catalyst behind HYPE’s rally has been explosive growth in commodity perpetual contracts on Hyperliquid. Silver futures, introduced as part of the platform’s HIP-3 expansion, quickly became one of the most actively traded instruments, pushing daily notional volume beyond the $1 billion mark across commodity markets. 

This surge matters because it introduces a new class of traders to Hyperliquid, participants who are less sensitive to crypto-native volatility and more focused on macro and commodities exposure. As these positions scale, they directly feed into Hyperliquid’s fee engine, strengthening the economic loop that underpins HYPE’s token model. Unlike short-lived incentive-driven volume, this activity has remained elevated across multiple sessions, suggesting sustained engagement rather than one-off positioning.

HIP-3 Open Interest Signals Real Capital Commitment

HIP-3 market data shows a decisive structural shift in how traders are positioning on Hyperliquid. Recent data of Jan 28, 2026 shows that total Open interest has climbed to $920.9 million, marking one of the strongest sustained growth since the product’s rollout. The growth is not evenly distributed. 

One contract alone accounts for the bulk of positioning, with xyz contributing roughly $803.3 million. This concentration suggests large directional exposure rather than fragmented retail participation. Other HIP-3 markets, including HYNA ($64.9M), FLX ($22.00M). This activity reinforces the view that the capital is flowing across the broader HIP-3 suite rather than chasing a single trade.

Importantly, the rise in Open Interest has occurred alongside elevated trading volume, reducing the risk that the move is purely leverage-driven. When OI and volume rise together, it points to conviction-based positioning, often associated with institutional buying signs.

HYPE Price Structure Signals Further Gains Ahead

Hyperliquid chart structure favors bullish outlook as it replicates massive accumulation in the past sessions. After breaking out of the descending channel, HYPE price has rallied more than 40% and is still aiming higher. HYPE’s current price action replicates a trend reversal and the short-term moving averages have started to curl upwards which suggests a shift in structure. 

As Hyperliquid price has showcased a bullish streak, surpassing multiple hurdles in a single shot, bulls were eyeing to reach the 200 day EMA hurdle of $38. However, if commodity volumes and HIP-3 participation remain elevated, HYPE’s momentum would continue and further rally may be possible. A clean move above $38 keeps the next psychological resistance zone of $50 in focus, while a retracement below $30 would mark a higher low formation toward $28 followed by $25 the near term.

The post HYPE Price Climbs as HIP-3 Trading Surges and Whales Step In: Is a Rally Toward $50 Next? appeared first on Coinpedia Fintech News

Hyperliquid (HYPE) extended its rebound in the latest session, climbing over 25% as trading activity across its HIP-3 derivatives markets surged to new highs and large wallets increased exposure. The move places HYPE among the strongest performers in the decentralized exchange segment, even as broader altcoin markets remain range-bound. The latest rally appears to be driven by a combination of real usage growth and renewed capital inflows rather than speculative momentum alone. 

With both volume and on-chain data turning supportive, HYPE is beginning to trade like a structurally re-rated asset rather than a short-term rotation.

That shift is now raising a central question for the market: is this simply a reaction to elevated trading activity, or the early phase of a broader repricing cycle?

HIP-3 Metrics Activity Signal 

Since the rollout of HIP-3, open interest on Hyperliquid has climbed steadily from sub-$200 million levels to the $700–800 million range, marking one of the strongest participation expansions in the platform’s history. This kind of sustained build in outstanding positions typically reflects a shift in user behavior, where traders are no longer rotating capital opportunistically but instead deploying it with longer-term positioning in mind.

Alongside this, daily trading volume has accelerated sharply, pushing beyond the $1 billion threshold and holding elevated levels across multiple sessions. The persistence of volume is critical here. Rather than fading after a single catalyst, activity has remained consistently high, which points to deeper liquidity and broader market engagement across supported assets.

HIP-3 appears to be the core driver behind this shift. By improving capital efficiency and expanding asset support, the upgrade has materially changed how traders interact with Hyperliquid. Execution depth has improved, leverage utilization has increased, and liquidity provision has become more attractive for larger participants.

.article-inside-link {
margin-left: 0 !important;
border: 1px solid #0052CC4D;
border-left: 0;
border-right: 0;
padding: 10px 0;
text-align: left;
}

.entry ul.article-inside-link li {
font-size: 14px;
line-height: 21px;
font-weight: 600;
list-style-type: none;
margin-bottom: 0;
display: inline-block;
}

.entry ul.article-inside-link li:last-child {
display: none;
}

• Also Read :
•   Top Reasons Why Bitcoin (BTC) Price is Struggling to Break $90,000!
•   ,

What Does Whale Activity Signals?

On-chain data shows that a large whale has begun distributing a long-held HYPE position after more than a year of accumulation and staking. According to data, the wallet originally spent $2.58 million USDC to acquire 295,917 HYPE at an average price of $8.74, before staking the entire position for roughly 14 months.

This week, the same wallet unstaked and sold the full allocation for $7.51 million USDC, locking in realized profit of approx. $4.92 million. At the cycle peak, the unrealized profit on the position had exceeded $15 million. This reflects healthy distribution, where long-term holders monetize gains while new capital absorbs supply.

HYPE Price Chart Shows Breakout: Major Rally Next?

HYPE price chart structure shows a multi-month falling channel breakout, signaling a shift from corrective behaviour into trend reversal. The breakout happened with elevated volume and rising open interest activity favors the bullish outlook. Currently, HYPE price has surpassed the 20-day and 50-day EMA and is heading toward the immediate $30 supply zone.

Once HYPE price clears the $30 hurdle, a major short-covering rally would push HYPE toward $42 followed by $50 in the near term. However, a rejection from the $30 level may lead to breakout retest of the $20-$24 zone ahead. Amidst the bullish sentiment, Hyperliquid’s current rally may gain more pace and continue to deliver outperformance in the coming sessions.

FAQs

The post Coinbase Ventures Head Reveals Where Smart Money Is Investing Today appeared first on Coinpedia Fintech News

Hoolie Tejwani, Head of Coinbase Ventures, said in a recent Milk Road interview that the classic 4-year crypto cycle might not work anymore. Coinbase Ventures has made over 600 investments and is one of the most active crypto investors in the industry.

So what changed? Bitcoin ETFs brought in a new type of holder. People are now putting Bitcoin in their 401k. These aren’t traders looking to flip in 18 months, but are holding for decades.

On top of that, liquidity is spread thin. There are now over 10,000 assets launching constantly. Prediction markets and perpetual trading are pulling attention away from spot markets.

“I really question whether there is such thing as a four-year crypto cycle anymore,” Tejwani said.

Also Read: Is Bitcoin’s 4-Year Cycle Breaking Down? Ran Neuner Points to Liquidity Shift

A Token Picker’s Market

If cycles are dead, what replaces them? Tejwani called it a “long-term token picker market.” That means the focus shifts to projects with real revenue, actual users, and clear value capture.

He also said that down markets like this one are where the serious builders show up.

“We’re looking for missionaries, not mercenaries. We’re looking for folks who are signed up for like a 5-10 year vision,” he added.

Where Is Coinbase Ventures Investing?

The firm is active in five areas: stablecoin infrastructure (which Tejwani described as having 100x potential), perpetuals and real-world asset tokenization, DeFi, privacy, and crypto x AI.

On AI, he drew a clear line. Agent tokens that trade for you are likely “AI slop.” The real opportunity is in infrastructure: payment rails for machine-to-machine transactions, identity systems for agents, and decentralized AI training.

Retail Could Get Access to Private Deals

Coinbase acquired Echo as part of a plan to open up early-stage investing to everyday users. Tejwani called current accredited investor rules “incredibly archaic.”

With the Genius Act passed and the Clarity Act still pending, more products could be on the way soon.

The post How Will Fed Selling Dollars for Yen Impact Bitcoin Price? appeared first on Coinpedia Fintech News

Crypto analyst AliCharts says a potential US-Japan currency intervention could be one of the biggest macro signals for Bitcoin in 2026. US officials recently ran dollar-yen rate checks, a step that often comes before direct market action.

Rate checks do not mean intervention is certain. But historically, this is how authorities test the waters before stepping in.

Why Coordinated Action Matters for Bitcoin

If the US acts, it would sell dollars and buy yen to stabilize Japan’s currency. Japan has tried defending the yen alone before. It slowed the slide briefly, but the trend returned each time.

Coordinated action is different. The analyst pointed to the 1985 Plaza Accord and the 1998 Asian currency crisis as moments when joint moves actually worked.

“When the US steps in alongside Japan, the message is stronger, and markets listen,” he said.

A weaker dollar tends to push capital toward alternative assets. Bitcoin has moved opposite to the dollar over time, which is why traders are watching closely.

.article-inside-link {
margin-left: 0 !important;
border: 1px solid #0052CC4D;
border-left: 0;
border-right: 0;
padding: 10px 0;
text-align: left;
}

.entry ul.article-inside-link li {
font-size: 14px;
line-height: 21px;
font-weight: 600;
list-style-type: none;
margin-bottom: 0;
display: inline-block;
}

.entry ul.article-inside-link li:last-child {
display: none;
}

• Also Read :
•   What the Fed Meeting Could Mean for Bitcoin and Crypto This Week
•   ,

Yen Carry Trade Could Hit Crypto First

There is a risk traders should not ignore.

A huge amount of global money is tied to the yen carry trade, where investors borrow cheap yen to buy risk assets like crypto. If the yen strengthens too fast, those positions unwind. Investors sell to cover.

This happened in mid-2024. A surprise Bank of Japan rate hike sent the yen higher and triggered a broad selloff. Bitcoin dropped hard in days.

The analyst warned that short-term yen strength can pressure crypto, even if a weaker dollar helps Bitcoin over the longer run.

Arthur Hayes: Watch the Fed Balance Sheet!

Former BitMEX CEO Arthur Hayes shared a similar view. He called the setup “very bullish” for Bitcoin if it leads to new dollar liquidity.

Hayes said to watch the Fed’s weekly H.4.1 report. A rise in “foreign currency denominated assets” would confirm balance sheet expansion.

Current data shows no expansion yet. The Fed balance sheet sits at $6.58 trillion and is still shrinking by around $75 billion per month.

Bitcoin trades at $87,706 while the dollar-yen rate moves between 153 and 155.

FAQs