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Unchained

How Arthur Hayes Has Prepared His Portfolio for the Elections - Ep. 728

Unchained

Laura Shin

News, Tech News, Business News

4.61.3K Ratings

🗓️ 1 November 2024

⏱️ 81 minutes

🧾️ Download transcript

Summary

As the 2024 U.S. election draws near, the crypto market is buzzing with speculation on what’s next. Arthur Hayes, co-founder of BitMEX, joins Unchained to discuss how Bitcoin and altcoins might react depending on who wins. Hayes shares his insights on election trade strategies, from the importance of sticking to the majors to his preference for Solana over Ethereum in the short term. He also dives into whether Trump will fulfill his promises to the crypto community and drops a banger explanation on what could be the next Federal Reserve move. (Hint: it’s not about interest rates.)  Plus, Unchained reporter Veronica Irwin joins the show to discuss her latest scoops on Stand With Crypto’s scoring system and SEC Commissioner Hester Peirce’s stance on whether she would want to become Chair of the agency in replacement of Gary Gensler. Show highlights:    01:39 How the market could react based on the election outcome    03:53 Has a Trump win been priced in? What if there’s no clear winner?    06:30 Arthur’s short-term trade strategy for the elections    13:00 Will Bitcoin surge, and is an altcoin rotation coming?    16:52 Why Arthur favors SOL over ETH right now    21:28 Whether Layer 2s are parasitic to Ethereum    24:19 Could crypto regulation reform come after the election?    26:12 Whether Trump would deliver on his promises to the crypto community    29:45 The election outlook for memecoins    30:52 Why traders should focus on high-cap AI memecoins    36:41 Why Arthur believes the Fed need to restart quantitative easing    47:55 How much money China will print to tackle its property crisis    52:21 Arthur’s take on Japan’s political shift and economic impact    54:44 Whether Stand With Crypto has been honest with the crypto community    56:20 A potential conflict of interest of one of the top executives    56:58 Stand With Crypto’s affiliation with PAC Fairshake    1:04:19 Whether Hester Peirce will become SEC Chair if Trump wins    1:08:27 Crypto News Recap Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com Thank you to our sponsors! Polkadot Mantle’s FBTC Guest Arthur Hayes, Co-Founder of BitMEX and CIO at Maelstrom Previous appearances on Unchained:  Arthur Hayes and Will Clemente on How This Bitcoin Halving Is Different Arthur Hayes on Why Bitcoin Is Money and ETH Is a Shitcoin He Loves Arthur Hayes, Former Ethereum Skeptic, on Why the Merge Makes Him Bullish on ETH  Arthur Hayes of Bitmex on Why Countries Will Turn to Digital The Chopping Block: Arthur Hayes on Why Crypto Needs to Ditch the Banks How Crypto and Blockchain Technology Could Change Financial Services Links Unchained:  Why You Might Have to Wait a Little Longer for a Crypto Bull Market What Needs to Happen for Altcoins to Finally Pump: Report Arthur’s latest blog post Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

So even if you believe that all coins are going to perform well, it doesn't make sense to

0:04.0

trade them on this short-term basis based on your lecture prediction because if you get it

0:08.3

wrong, you're going to get smoked getting out of your trade.

0:10.9

Whereas you get it wrong at Bitcoin, maybe you lose a few percentage points.

0:13.2

So what, right?

0:13.8

You live to fight another day.

0:18.7

Hi, everyone.

0:19.6

Welcome to Unchained.

0:20.7

You're a no-hype resource for all things Crypto.

0:22.6

I'm your host, Laura Shin, author of The Cryptopians.

0:25.6

I started covering crypto nine years ago, and as a senior editor of Forbes, was the first

0:30.0

major meter-quarter to cover cryptocurrency full-time.

0:33.0

This is the November 1st, 2024 episode of Unchained.

0:36.6

Pocod is the original and leading layer zero blockchain with over 2,000 plus developers,

0:41.6

and the Pocodot 2.0 upgrade will be a massive accelerator for the ecosystem.

0:46.5

Join the community at Pocodot.network slash ecosystem slash community.

0:52.4

FBT is the fastest-growing Omni-ane BTC asset this summer. Join FBTC

0:57.2

points-inspired campaign where you can hold FBTC to earn sparks, lucrative yields, and token drops,

1:03.4

all on your Bitcoin. Today's guest is Arthur Hayes, co-founder of Vetmex and chief investment

1:09.0

officer at Maelstrom. Welcome, Arthur.

1:11.6

Thanks for having me.

1:12.6

I just want to start this episode by noting that, as in every episode, nothing we say here

...

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