© Reuters Supply of Bitcoin has Ended; Arthur Hayes Releases New Blog
- Arthur Hayes told in his recent post that the supply of cryptocurrencies from CELs, BTC miners, and ordinary speculators have ended.
- He added that there are possibilities for the rise of risk assets and cryptocurrencies in 2023.
- An analysis of the fall of BTC price starting from its cause to detailing the possibilities of its gain in the future had been narrated in the blog.
Arthur Hayes, the American banker, advocate, and a fintech pioneer, in his recent post, titled “PEMDAS”, mentioned that the supply of bitcoins from centralized lending firms, bitcoin mining operations, and ordinary speculators has come to an end. He also pointed out the possibilities of the risk assets and cryptocurrencies rising in the next year.
Interestingly, PEMDAS is an abbreviation for Parentheses, Exponents, Multiplication, Division, Addition, and Subtraction, which is actually the order of operations in solving equations. He referred to the word to show that an order of evaluation is necessary for resolving problems, as he started explaining the cause of the crypto fall in the same sequence.
Initially, he narrated the cause of the
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