X @Arthur Hayes

Crypto Market Outlook - Industry expert believes Bitcoin is still in its early stages and predicts it will reach $1 million+ [2] - Stablecoins are viewed as a geopolitical tool for America, with Ethena identified as a high-conviction investment [2] - The analysis emphasizes ignoring market noise and focusing on fiat currency printing as a key macro framework [2] Investment Strategies - The report highlights the importance of understanding tokenomics, using Hyperliquid as an example [2] - It suggests EtherFi has the potential to become the "Amex of crypto" [2] - The report acknowledges that most crypto investments fail and emphasizes the importance of identifying what actually works [2]