Arthur Hayes, the former CEO of Bitmex and current head of Maelstrom, predicts that Bitcoin will not reach new highs this year but will experience a blow off top in 2025 or 2026. He cites Bitcoin's halving event in 2024 as a key factor. Hayes also suggests that societal changes, such as a major war, could lead to Armageddon and a decrease in Bitcoin's value. He believes that the US debt ceiling will be resolved but could cause market waves in the fall, which could be beneficial for Bitcoin. Maelstrom is currently investing in ether staking and exploring the emergence of NFTs on Bitcoin.
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