Arthur Hayes' Election Strategy, Why Congressional Races Matter, and More
This week on Unchained: Arthur Hayes on how he prepared his portfolio for the elections, and Kristin Smith and Alex Grieve on the outcome of key Congressional races.
It’s Not Just the Presidency. Congressional Races Matter a Lot for Crypto
The Congressional races hold significant implications for crypto regulation, with key committees, influential members, and the potential for bipartisan support all impacting the industry’s future.
With the presidential race in the spotlight, it’s easy to overlook the powerful role that Congress could play in shaping crypto policy in the coming years. From committee chairs to legislative allies, crypto advocates are keenly focused on the outcome of key Congressional races. Kristin Smith of the Blockchain Association and Alex Grieve of Paradigm join us today to break down which races and committees are critical for crypto, why the industry is more visible in Washington than ever, and what the chances are for lame duck legislation this year.
Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform.
How Arthur Hayes Has Prepared His Portfolio for the Elections
Arthur Hayes discusses how the upcoming U.S. presidential elections could impact the crypto markets, from Bitcoin’s performance to altcoin rotation, and why he thinks SOL is the “high-beta Bitcoin” for election trades.
As the 2024 U.S. election draws near, the crypto market is buzzing with speculation on what’s next. Arthur Hayes, co-founder of BitMEX, joins Unchained to discuss how Bitcoin and altcoins might react depending on who wins. Hayes shares his insights on election trade strategies, from the importance of sticking to the majors to his preference for Solana over Ethereum in the short term.
He also dives into whether Trump will fulfill his promises to the crypto community and drops a banger explanation on what could be the next Federal Reserve move. (Hint: it’s not about interest rates.)
Plus, Unchained reporter Veronica Irwin joins the show to discuss her latest scoops on Stand With Crypto’s scoring system and SEC Commissioner Hester Peirce’s stance on whether she would want to become Chair of the agency in replacement of Gary Gensler.
Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform.
On Unregulated:
Stand With Crypto Is Grading Politicians on a Scorecard. But How Is It Determined?
The opinions of donors and other “key stakeholders” play a significant role in deciding how politicians are graded.
In Case You Missed It 👀
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$240M Liquidated From Crypto Markets as Bitcoin Tops $71,000
It was a bad day for bears as Bitcoin rallied to a seven-month high, triggering large-scale liquidations.
Crypto Council for Innovation Expands Global Reach With New Partnerships
The crypto advocacy group is also adding a new advisor and increasing its expertise in crypto staking.
Coinbase Shares Fall as Q3 Revenue Misses Analyst Estimates
The US’s largest crypto exchange reported that transaction revenue fell 27% from the previous quarter.
POPCAT Hits All-Time High as Cat-Themed Memecoins Start to Have Their Day
In a sign of the growing popularity of cat-centric memecoins, POPCAT recently surpassed the Shiba Inu-based BONK in market cap.
Reddit Liquidates All of Its Treasury Bitcoin and Ether Holdings
Social media platform extends U-turn on digital assets as crypto sell-off marks latest move in pullback from the space.
Immutable Was Issued a Wells Notice Just Before the Election. Does the SEC Have Time to Follow Through?
With the coming change in administration, Gary Gensler’s SEC doesn’t have much time to pursue enforcement against the crypto gaming company.
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