Co-founder of BitMEX Arthur Hayes is optimistic about the future of cryptocurrency.
After the current upheaval brought on by SVB liquidation and UDC's de-pegging, he thinks the market will go into a bull mode.
The market may receive much-needed support in recovering from recent losses thanks to Binance's $1 billion injection of funds intended to stabilize the market by purchasing assets like Ethereum, Binance Coin, and Bitcoin.