


Arthur Hayes, co-founder of BitMEX and chief investment officer at Maelstrom, has published a new essay arguing that the decade-long era of yen weakness is approaching a turning point and that the specific mechanism he expects to be used to reverse it carries direct implications for Bitcoin and gold.
The CEO of the world's largest sovereign fund, Nicolai Tangen, reveals stress scenarios where the fund could lose more than a third of its value. The AI bubble and geopolitical shocks are the main threats, and investors should pay attention.
A matched-date CME check puts Bitcoin futures carry at 5.69%–7.89%, above the 4.19% Treasury yield; ETF data cannot show the matching hedges.