BitMEX co-founder Arthur Hayes has stated that while altcoins are currently ailing and will take time to recover, now is the time for investors who understand capital preservation and exchange mechani...

BitMEX co-founder Arthur Hayes has stated that while altcoins are currently ailing and will take time to recover, now is the time for investors who understand capital preservation and exchange mechanics to seek out opportunities. In an essay published on Dec. 20, he argued that even in a battered market, there are valuable assets to be found at low prices. Hayes added that Bitcoin could experience a sharp recovery once the market recognizes that the U.S. Federal Reserve's Reserve Management Purchases (RMP) plan is effectively a form of quantitative easing. He also identified Ethena (ENA) as his most preferred altcoin, noting that he has invested in the project through his family office, Maelstrom.

Arthur Hayes: Time to bargain hunt for altcoins despite slow recovery

Source: Galaxy Research; Translation: Jinse Finance xz
Bitcoin's closing price in 2025 is expected to be roughly the same as the level at the beginning of the year.
The cryptocurrency market experienced a genuine bullish wave in the first ten months of this year. Regulatory reforms continued to advance, ETFs continued to attract funds, and on-chain activity became increasingly active. Bitcoin hit an all-time high of $126,080 on October 6th.
However, the market failed to deliver the expected breakthrough after the initial frenzy; instead, it experienced rotation, repricing, and rebalancing. This was driven by factors such as unmet macroeconomic expectations, a shift in investment narratives, leveraged margin calls, and massive...

Galaxy: 26 Predictions for the Crypto Market in 2026

Tom Lee is a strong bullish voice on Bitcoin and Ethereum, but Fundstrat, the Wall Street financial strategy fund he's backed by, has a significantly different view [...]
<CryptoQuant: Tom Lee is strongly advocating for a bullish market! But his own fund Fundstrat contradicts him because of his "sell- BlockTempo research stance"> This article was originally published on BlockTempo, the most influential blockchain ABMedia media.

CryptoQuant: Tom Lee strongly advocates for a bullish market! But his own fund, Fundstrat, contradicts him with its "sell-side research stance."

This year has been one of significant successes for privacy-centric altcoins, echoing the optimism of past bull markets. A standout is the Zcash Foundation’s introduction of substantial updates throug...