Join the larget crypto conference of 2024 in Bitcoin

BitMEX’ Arthur Hayes Compares Ethereum’ TheMerge with Bitcoin Fork

BitMEX' Arthur Hayes Compares Ethereum' TheMerge with Bitcoin Fork 10

The former chief executive officer of BitMEX crypto exchange Arthur Hayes predicted that the price of Ethereum may touch $3k soon because of the hype of “TheMerge” which will introduce better abilities for the Ethereum network to remain always at the top in the crypto space. 

Ethereum is currently under huge discussion among crypto investors because of the ongoing development work in its ecosystem, to shift the Ethereum blockchain from Proof-of-work to Proof-of-stake Consensus to make it a scalable network. 

The current trade price of the ETH coin is $1,613 and this price is 6.27% down over the last 24 hours’ trade price. 

BitMEX' Arthur Hayes Compares Ethereum' TheMerge with Bitcoin Fork 8

Recently Arthur Hayes, co-founder and ex-CEO of crypto exchange BitMEX, appeared in a podcast “Bankless Podcast”. Through the podcast, Arthur said that Merge will change the Ethereum blockchain network infrastructure and it will influence the price of ETH significantly.

   -----Cryptonews AD----->>> 

BYBIT - Copy Trading

Sign up for a Bybit account and claim exclusive rewards from the Bybit referral program! Plus, claim up to 6,045 USDT bonus at .

  <<<-----Cryptonews AD-----  


BitMEX co-founder said:

“There will be less issuance of it, and it’s the only currency of this size that’s doing this switch…(..)…We know the emission schedule after the merge and the flows are going to be similar to Bitcoin halving.”

BitMEX co-founder also said that a successful merge will attract huge numbers of buyers in ETH and also the new policies & decisions by the Federal Reserve will not impact its growth.

Now only 22 hours remain until the completion of “TheMerge”.

BitMEX' Arthur Hayes Compares Ethereum' TheMerge with Bitcoin Fork 9

Hayes also claimed that news of the TheMerge event is not overhyped & it was usual because it is a very important event for the whole crypto industry, so basically it will not hurt the interest of ETH buyers. 

Alongside these things, BitMEX co-founder also explained that Merge didn’t impact the ETH price practically because it happened because the demand for ETH to pay gas fees is increasing while supply is decreasing.

Read also: US Treasury deeply explains why govt banned Tornado Cash

BitMEX’ Arthur Hayes Compares Ethereum’ TheMerge with Bitcoin Fork






Ads by Cryptonews24

OKX - Moon Trade

Moon Grid trading bot
OKX’s new Moon Grid bot automatically buys low and
sells high within a wide price range using artificial intelligence based on market backtesting.
Quick to set up with smart entry and exit points!

How does it work?

  • Select Trade in the main menu, then select Trading bot.
  • Select a spot trading pair from the Trading bot menu.
  • Select Moon Grid from the listed strategies.
  • Enter the amount you want the bot to trade and click Create.
  • Your bot will then be live.
  • To view and manage your Moon Grid bot, select Bots at the bottom of the trading dashboard.


Trade with Moon Grid now


Ads by Cryptonews24




Risk Reminder:
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin. provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice. recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.


Please follow and like us:

Social media & sharing icons powered by UltimatelySocial