Arthur Hayes, the CEO of cryptocurrency exchange BitMEX, made a bold prediction that Bitcoin could drop below $50,000. This comes as the market experiences some volatility and uncertainty.
In other news, the former CEO of now-defunct exchange Mt. Gox, Mark Karpeles, has launched a new cryptocurrency exchange. This move comes after Mt. Gox infamously collapsed in 2014, leading to massive losses for its users.
Overall, the cryptocurrency market continues to see ups and downs, with experts and industry leaders making interesting moves and predictions. Stay tuned for more updates on the latest happenings in the world of crypto.