
BitMEX founder and crypto investor Arthur Hayes says gold and Bitcoin ( BTC ) are effectively replacing US Treasuries and equities as the predominant global reserve assets. In a post on the social media platform X, Hayes says that President Trump was partially elected by Americans who feel that they didn’t share in the alleged “prosperity” stemming from going off the gold standard in 1971. Hayes says that if the White House follows through on reducing its debt and current account deficit, then other countries will be forced to finance their economies by selling their US stocks and bonds, creating a permanent change in the global financial order since finance ministers around the world won’t take a chance that Trump will change his mind. “THE END: Of US Treasuries and, to a lesser extent, US stocks as the global reserve asset. If the US current account deficit is eliminated, then foreigners do not have dollars to buy bonds and stocks. If foreigners have to juice up their own nations’ economies, they will sell what they own, US bonds and stocks, to fund their nation-first policies.” The crypto investor also notes that he believes gold and Bitcoin will emerge as the winners of a shifting global financial order. “THE RETURN: Of gold as the neutral reserve asset. The dollar will still be the reserve currency, but nations will hold reserves in gold to settle global trade. Trump hinted at this because gold is tariff-exempt! Gold must flow freely and cheaply in the new world monetary order. A lot of those who had it good are in the denial stage, and share a delusion that somehow things will return to ‘normal’… For those who want to adapt to a return to pre-1971 trade relationships, buy gold, gold miners and BTC.” Hayes also suggests that the Trump-induced economic shockwaves may have finally broken the correlation between BTC and the Nasdaq. “BTC hodlers need to learn to love tariffs, maybe we finally broke the correlation with Nasdaq, and can move onto the purest form of a fiat liquidity smoke alarm.” Source: Arthur Hayes/X At time of writing, BTC is trading at $83,322. Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Era of US Treasuries and Stocks As Global Reserve Assets Now Over As Gold and Bitcoin Take Over: Arthur Hayes appeared first on The Daily Hodl .
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Cango Inc. Achieves 12% Growth in Bitcoin Production for March 2025

SHANGHAI, April 7, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a rapidly expanding leader in Bitcoin mining, announced its production update for its crypto mining business for March 2025, highlighting significant growth in Bitcoin production. In March 2025, Cango produced a total of 530.1 Bitcoins, representing a 12% increase compared to 472.7 Bitcoins produced in February 2025. The average number of Bitcoins produced per day also rose to 17.1, up from 16.9 in the previous month. As of the end of March, Cango holds a total of 2,474.8 Bitcoins, an increase from 1,944.7 Bitcoins at the end of February. The Company’s deployed hashrate remained stable at 32 EH/s, while the average operating hashrate improved to 30.3 EH/s, up from 29.7 EH/s in February. “We are pleased to report these positive results as we continue to enhance our operations in the growing cryptocurrency market,” said Mr. Jiayuan Lin, Chief Executive Officer of Cango. “Our commitment to optimizing our mining capabilities is reflected in our production figures, and we look forward to further growth in the coming months.” Media Contact Juliet Ye Cango Inc. Tel: +86 21 3183 5088 ext.5581 Email: ir@cangoonline.com The Daily Hodl

Privacy Coins Like Monero Show Resilience Amid Market Instability, Indicating Potential Shift in Financial Dynamics
In a turbulent year for the cryptocurrency market, privacy coins have emerged as the top performers, showcasing resilience amid general declines. The ability of these coins to offer enhanced anonymity The Daily Hodl