Arthur Hayes has predicted that Bitcoin will remain below $50,000, revealing that he "took a cheeky short" on the cryptocurrency. Hayes’ bearish stance could impact market sentiment in the short term.
Additionally, former Mt. Gox CEO Mark Karpeles is set to launch a new cryptocurrency exchange. This development comes years after the infamous collapse of Mt. Gox, which significantly impacted the crypto market.
The week has been full of significant events in the cryptocurrency world, keeping traders and investors on their toes.
