Cyprus Mail12 Aug 2026

Arthur Hayes predicts that the Federal Reserve’s yen program will drive up the price of Bitcoin, giving BTC holders the opportunity to earn $7,000

Article Summary: Arthur Hayes, head of Maelstrom, predicts that the Federal Reserve’s initiatives regarding the Japanese yen will drive up the prices of digital assets such as Bitcoin, while EiCrypto cloud mining focuses on providing users with solutions for long-term, sustainable cryptocurrency returns.

Arthur Hayes stated that the Federal Reserve’s plan to help Japan defend the yen would inject fresh US dollar liquidity, which he believes will drive up the price of Bitcoin (BTC)....

This is a summary. Read the full article at Cyprus Mail.

Read full article

More from Cyprus

All news

in-cyprus

Freedom Holding Corp. reports 40% revenue growth in Q1 FY2027

Freedom Holding Corp. (Nasdaq: FRHC), the parent company of Freedom24, has announced its financial results for the first quarter of fiscal year 2027, covering the three months ended June 30, 2026. The company reported total net revenue of $732.5 million, up 40% year on year fr...

today

Cyprus Mail

Presidential retreat opens doors for Troodos event

The presidential retreat in Troodos will open to the public on Sunday, September 6, as the presidency hosts the third edition of the Let’s Go Troodos event. The event will run from 11am to 6pm and will feature local producers, artisans, traditional food, music and activities f...

today

Cyprus Mail

Iran keeps Strait of Hormuz closed as shipping attacks escalate

The U.S. and Yemen’s Iran-aligned Houthis reported separate attacks on shipping as prospects for ending the Iran war appeared to dim, with Tehran saying the Strait of Hormuz would remain closed unless Washington accepts its conditions. The attacks, in the Gulf of Oman leading ...

today

in-cyprus

Columbia lawsuit alleges biased disciplinary hearings against Palestinians

Current and former Palestinian students and staff have sued Columbia University, accusing it of discriminating against its Palestinian community since late 2023, according to a court filing in New York. The lawsuit says the university failed to protect Palestinian students and...

today