Arthur Hayes Believes Bull Market Starts Now

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Cryptocurrency market will be fine, believes Arthur Hayes, following the recovery of the industry we are witnessing now

. This injection of capital could provide much-needed support to the market and help it recover from recent losses.Recently, Hayes cited the Federal Reserve's collateral policy, which relates to its lending operations to banks and other financial institutions. The collateral that banks pledge to the Fed serves as a guarantee for the loans they receive, and the Fed's margin requirements dictate how much collateral they must pledge to secure the loan.

The collateral is valued at par, which means it is valued at the face value of the asset, and the margin requirement is 100% of the par value, which means the value of the collateral provided by the bank must be equal to or greater than the amount of the loan. The introduction of the new policy is tied to the most recent liquidation of SVB and Silvergate banks, which is closely tied to cryptocurrency companies like Tether and Circle.

 

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