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- 1 Arthur Hayes is an American entrepreneur and financial expert and a big player in the crypto market.
- 2 He is the founder of BitMEX, a digital asset derivative trading platform established in 2014.
Arthur Hayes, the crypto king, entered the crypto market in 2014 and was reported as one of the youngest African American crypto billionaires. Focusing on his early life, he completed his bachelor’s degree in economics in 2008 from the Wharton School of Business. He began his career as a financial expert at Deutsche Bank and Citibank in Hong Kong. In the year 2014, he started investing in the crypto market and co-founded BitMEX in partnership with Samuel Reed and Ben Delo. The platform is now known as one of the world’s biggest cryptocurrency derivatives trading platforms.
Who is Arthur Hayes and Why is he so famous?
Hayes is the co-founder and CEO of BitMEX and is known as the crypto king. With a blue-chip education, he started his career as a trader and became a quick billionaire in a short time period. At the age of 28, he co-founded BitMEX, which was a turning point in his life and made him the king of the crypto landscape. As a co-founder, Hayes retained a large chunk of the firm’s revenue which made him a billionaire with a net worth of around $550 Million.
He has various sources of income including BitMEX earnings, cryptocurrency holdings, public wallet, and private investments. Hayes holds large quantities of Bitcoin and cryptocurrencies, appreciated massively in 2013. Also, his public wallet contains DeFi investments including Lido and GMX over $11 Million in on-chain assets. Arthur has around $11 Million in the public wallet, invested in the GMX platform, with around 197,000 GMZ tokens staked earning interest.
Apart from this, he has other private investments in real estate, startups, and established firms that contribute to Arthur Hayes’s wealth.
His prediction of a market boom for Bitcoin in 2024 again took him into the spotlight. He thinks that Artificial Intelligence requires a native currency to survive and Bitcoin has the potential to become the native currency of AI. Bitcoin’s value cannot be mixed up with the real utility of other stuff and is just money that makes it more compatible with AI.
All About BitMEX, the Advanced Trading Platform
BitMEX is a Peer-to-Peer crypto-based trading platform and one of the safest exchanges for margin trading. The platform charges from 0.025% to 0.0075% as a trading fee and offers leverage up to 100x. The company at present is owned and operated by HDR Global Trading Limited.
The current value of the BitMEX token is $0.38 per BMEX and experienced a hike of 1.58% in the last 24 hours. Also, the price of BMEX is expected to reach $0.50 by the end of 2023 and $2.76 in 2025. It can be said that BMEX tokens will achieve great heights and high demand in the near future.
Conclusion
The prediction of Arthur Hayes, as the native currency for AI in the near future sparked the crypto market. Arthur Hayes is the crypto king and is the co-founder of BitMEX, the world’s safest cryptocurrency trading platform, and is expected to gain much more popularity in the near future.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
