TechFlow news — Arthur Hayes, co-founder and former CEO of the crypto derivatives exchange BitMEX, stated in a recent blog post that he is currently more bullish on Ethereum: "My crypto portfolio at the beginning of 2022 was 50% Bitcoin and 50% Ethereum. I firmly believe ETH is cheap relative to other areas of the crypto world. Therefore, my target allocation is 25% Bitcoin and 75% Ethereum. Bitcoin needs to change its narrative. Like Ethereum, Bitcoin is seen as another risk asset, but it's a massive risk asset because it trades around the clock and represents one of the few remaining free global markets. Bitcoin must once again be perceived as a store of value and an inflation hedge, because it is the hardest money ever created. Ethereum is not money—it’s a commodity powering the world’s largest decentralized computer."
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
