Crypto Banter Powell Is About To F*CK Crypto Over At Jackson Hole! [Arthur Hayes]
Aug 22, 2025
Arthur Hayes, co-founder of BitMEX and cryptocurrency investor, joins to discuss the imminent Jackson Hole meeting and its potential impact on crypto markets. They delve into expectations surrounding Jerome Powell's speech, exploring the future of Ethereum and the increasing influence of stablecoins. Hayes shares insights on investment strategies between Ethereum and treasury companies, and the anxieties crypto traders face. The conversation also touches on the allure of digital status symbols like CryptoPunks and how they shape investing in a fluctuating market.
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Powell Might Stand Firm
- Arthur Hayes argues Powell may choose principle over politics and refuse rate cuts despite market expectations.
- That stance could force the administration to pursue other creative ways to “juice” markets later in the year.
Avoid Overleveraging Before Jackson Hole
- Hayes recommends avoiding heavy leverage ahead of Jackson Hole and the fall choppiness.
- He suggests buying dips with spare cash rather than overtrading positions you can't exit quickly.
Fed Decisions Are Political And Market Catalysts
- Hayes admits uncertainty on the Fed but highlights the political dimension of rate decisions.
- A hawkish Fed could accelerate fiscal or unconventional monetary measures from the administration.
