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Arthur Hayes $1M Bitcoin tip, altcoins ‘powerful rally’: Hodler’s Digest, May 11 – 17

cryptoweekly by cryptoweekly
May 17, 2025
in bitcoin, News
0

Arthur Hayes predicts Bitcoin could reach $1 million by 2028, an analyst says altcoins “powerful rally” looms: Hodler’s Digest

Bitcoin has two strong tailwinds that will help propel it to seven digits in a few years, according to former BitMEX CEO Arthur Hayes.

For Hayes, shifting capital controls worldwide and US Treasury devaluation means that Bitcoin will become the go-to safety net for investors everywhere.

He summarized:

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  • SEC opens Franklin Templeton XRP, SOL ETF proposals to comments
  • US Senate passes GENIUS stablecoin bill in 68-30 vote
  • 25% Bitcoin price rally set to follow today’s correction if history repeats
  • JPMorgan pushes JPMD pilot on Base, says deposit tokens beat stablecoins
  • Ether price stable near $2.4K as crypto investors bet on long-term growth
  • GENIUS Act could strengthen dollar power, write ‘rulebook’ for global financial system
  • Cycles eyes sustainable crypto credit after 2022 liquidity crisis

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