Maelstrom CEO Arthur Hayes Advocates Bullish Crypto Stance at Token2049 Abu Dhabi
Arthur Hayes, CEO of Maelstrom, delivered a resounding endorsement of cryptocurrency markets during his keynote at Token2049 in Abu Dhabi. "It’s time to go long everything," he declared, drawing parallels to September 2022’s market dynamics. Central banks were aggressively hiking rates, treasury bonds suffered historic losses, and crypto collapsed amid FTX’s downfall—yet former Treasury Secretary Janet Yellen’s policies laid groundwork for recovery.
Hayes highlighted the Treasury’s $2.5 trillion injection via reverse repo drainage and short-term debt issuance as a catalyst. His remarks underscore a broader institutional confidence in crypto’s resilience amid macroeconomic turbulence.