Arthur Hayes’ ‘sub $50K’ Bitcoin call, Mt. Gox CEO’s new exchange, and more: Hodler’s Digest, Sept. 1

Arthur Hayes revealed he “took a cheeky short” on Bitcoin, former Mt. Gox CEO Mark Karpeles will launch a new crypto exchange: Hodler’s Digest

Crypto market sentiment has fallen back into extreme fear as Bitcoin briefly fell below $56,000, while BitMEX co-founder Arthur Hayes predicts it could sink another 12% to fall under $50,000 over the weekend.

The Crypto Fear & Greed Index which measures market sentiment and trends to give a total possible score of 100 (indicating extremely positive sentiment) hit a score of 22 on Sept. 6, showing extreme fear, a seven-point drop from the day prior that pinned sentiment at fear.

Its the lowest score and price since the index hit 20 on Aug. 8 and the first time it has re-entered the extreme fear zone since Aug. 12, when the index hit 25.

Arthur Hayes revealed he “took a cheeky short” on Bitcoin, former Mt. Gox CEO Mark Karpeles will launch a new crypto exchange: Hodler’s Digest
Crypto market sentiment has fallen back into extreme fear as Bitcoin briefly fell below $56,000, while BitMEX co-founder Arthur Hayes predicts it could sink another 12% to fall under $50,000 over the weekend.The Crypto Fear & Greed Index which measures market sentiment and trends to give a total possible score of 100 (indicating extremely positive sentiment) hit a score of 22 on Sept. 6, showing extreme fear, a seven-point drop from the day prior that pinned sentiment at fear.Its the lowest score and price since the index hit 20 on Aug. 8 and the first time it has re-entered the extreme fear zone since Aug. 12, when the index hit 25.Read more