BitMEX co-founder Arthur Hayes argues the Federal Reserve's new reserve management purchases (RMP) program, starting with $40 billion in Treasury purchases, is a disguised form of quantitative easing that benefits scarce assets like Bitcoin.
The composition of Bitcoin ownership has structurally shifted, with new large investors, or 'whales,' now accounting for nearly 50% of the network's realized capital.
The U.S. SEC is seeking multi-year officer and director bans for three key former executives of FTX and Alameda Research: Caroline Ellison, Gary Wang, and Nishad Singh.
Portfolio
Edgen Crypto·Dec 19 2025, 18:54
