Arthur Hayes, co-founder of BitMEX, argues that the Fed’s new RMP program is a rebranded version of quantitative easing. He believes this will lead to inflation, favoring assets like Bitcoin and gold. However, he warns that money creation erodes purchasing power and harms those without assets. (Word count: 47)

After the FOMC’s rate cut and announcement of short-term Treasury purchases, analysts predict a dampened Bitcoin rally until the rate-cutting cycle resumes in 2026. Bitcoin was around $87,300, with Polymarket traders expecting no change to Fed policy in January. Powell’s term ends in 2026, with Hassett a potential frontrunner for Fed chair. (Word count: 48)

Read more at Cointelegraph: Arthur Hayes Says Fed’s New Liquidity Tool is QE by Another Name